......
It's 7 PM Beijing time.
Chen Dong hosted a banquet for these traders at one of the largest restaurants in Tokyo.
period.
Chen Dong converted all HK$1.08 million into Japanese yen according to the exchange rate and distributed it to each trader.
Everyone here is a finance major, so they naturally understand Chen Dong's good intentions.
The Japanese yen has been appreciating against the US dollar.
In July 1990, 149 yen could be exchanged for 1 US dollar.
However, by April 1995, only 83 yen could be exchanged for 1 US dollar.
In less than five years, the yen appreciated by 80% against the dollar.
This is also what makes Chen Dong so considerate.
The traders, holding these yen, will only accumulate more and more over the next few years, no matter when they go to the bank to exchange them.
I returned to my seat.
Chen Dong took out another stack of Japanese yen, handed it to Wangcai, and joked.
“They’ve all taken it, so it wouldn’t be right not to give you a share of the profits.”
Upon hearing this, Wangcai shook his head vigorously, like a rattle-drum, and hurriedly replied.
"Boss, that makes sense, really, I swear to God, you really don't need to give me a bonus now."
"Really don't want it?"
Chen Dong's tone was full of mockery, and he naturally understood Wangcai's underlying meaning.
They simply want to use these dividends to generate more profits through him.
However, on the other hand...
If such an opportunity were given to me, I doubt anyone could refuse it.
Wangcai swallowed hard.
Just by looking at it, one could roughly guess how much money Chen Dong had.
Each Japanese yen note has a face value of 10,000 yen, and a stack of 100 notes contains a total of 1 million yen. If all of them are converted into US dollars, it would be approximately 67,000 US dollars.
However, while this money is good, it pales in comparison to future returns.
Thinking of this, Wangcai decisively refused.
"Take it!"
"This money is a reward for your performance during this period, and it is not included in your profit sharing."
"real?"
Wangcai was overjoyed. "If that's the case, then that's wonderful! Who would complain about having too much money?"
"Thank you, boss."
Chen Dong nodded with a smile.
He had seen Wangcai's performance over this period of time.
In particular, those who opened long positions of 30,000 lots in international crude oil have already made tens of millions of dollars.
Giving Wangcai a $70,000 reward is nothing.
We should take this opportunity to give Wangcai a little treat.
Next, Wangcai will be needed to complete the work of establishing short positions in stock index futures contracts and finishing up international crude oil prices.
At the same time, I also took the opportunity to express an idea to him.
Chen Dong isn't a miser; as long as you work diligently, he'll always give you the benefits you deserve.
......
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