Chapter 230 Li Zai Rong's Request
Zhang Junfeng, who had his back to them, did not realize the special reactions of the few people. He chatted with Leon John for a few more words before hurriedly hanging up the phone.
When he came to his senses and was about to return to the table to continue eating, he found that everyone was looking at him curiously. Li Jianxi, the father-in-law, couldn't help but ask, "Junfeng, I just heard you say on the phone that you are investing in Hong Kong recently?"
When it comes to investment, Li Zairong and Li Shuxian stared at Zhang Junfeng curiously, looking forward to his next answer. After all, they are quite clear about Zhang Junfeng's investment ability. If they can take advantage of this opportunity to catch Zhang Junfeng's ride, it will be great! Zhang Junfeng looked at the curious looks of these people and replied with a smile, "I do have an investment in Hong Kong. I bought a large number of futures contracts for shorting the Hang Seng Index in the futures market. I just cashed out and left the market today. In the afternoon, the Hang Seng Index rebounded from oversold and soared 8%. The speculators who shorted the Hang Seng Index like me suffered heavy losses, and the one who called just now escaped by luck..."
Hearing Zhang Junfeng's understatement, his sister Li Shuxian, who didn't know much about the current situation of the Hong Kong stock market, looked at Zhang Junfeng with some admiration, "Junfeng Oppa is so amazing, he can actually make money in the futures market. I heard that many people have suffered heavy losses in the futures market..."
Li Zairong, who was standing by, could not hide his envy at the moment and asked with a smile, "Junfeng, what do you think of the future trend of the Hong Kong stock market? Is it still worth investing in?"
Hearing Li Zairong's question, the others looked at Zhang Junfeng expectantly, waiting for his answer.
"...According to the current feedback from Hong Kong, the authorities have intervened strongly and actively protected the market in order to maintain the Hang Seng Index. This is beyond doubt. Although the short-selling forces are aggressive, they are in the futures market from the stock market, and most of the funds they use are borrowed, or even leveraged."
“Once the Hang Seng Index rises against the wind under their suppression, or even exceeds their expectations, these guys are very likely to have their positions liquidated. This time it was only 8%, but it’s hard to say whether it will be 10% or even 20% or 30% next time… By then, these guys won’t even need strong suppression from the authorities, as they will all stop because of funding breakdown!”
"It is said that 'the stock market is risky, so you need to be cautious when entering the industry'. In my opinion, the risks in the futures market are even greater than those in the stock market. If you are not absolutely sure, it is not recommended to enter the futures market..."
After hearing what Zhang Junfeng said, several people who were originally eager to try were soon "scared". After all, they subconsciously thought that making money in futures trading came quickly, and ignored the fact that once the opposite market conditions occurred, the losses in futures would also be extremely huge!
…
At this moment, a meaningful smile flashed across Li Jianxi's face as he was listening to the conversation silently.
Others might not have noticed it, but the experienced Li Jianxi quickly realized the hidden meaning in Zhang Junfeng's words. He was obviously more optimistic that Hong Kong's Hang Seng Index would rise against the wind, so he decisively sold all the short futures contracts in his hands during this period and left the market early.
However, Li Jianxi was also very clear that the timing of buying and selling was also very critical, whether it was stock trading or investing in the futures market. Zhang Junfeng, the cunning guy, did not reveal it on his own initiative, so he did not ask too much. If he really wanted to participate in it and seize this rare "opportunity", he might need further observation and analysis.
It was past eight o'clock in the evening, and seeing that it was getting late, Li Zairong and his wife and Zhang Junfeng and his wife got up and prepared to leave. As the four of them just walked out of the villa lobby, Zhang Junfeng was stopped by Li Zairong.
Under Zhang Junfeng's curious gaze, Li Zairong explained with a smile, "Junfeng, your sister-in-law and I have saved some money. If you have a suitable investment project, remember to tell me. We also hope to return the funds you advanced to open a branch and factory in Longguo as soon as possible..."
Hearing what Li Jae-rong said, Zhang Junfeng smiled and agreed with a smile. However, Zhang Junfeng did not say much. He just asked Li Jae-rong to go to KB Bank to apply for a bank account when he had time. He would then notify him in advance to deposit money into the account, and he would be able to get the corresponding investment income after waiting for a while.
As for how much investment and how much profit will be, Zhang Junfeng did not mention it. Lee Jae-yong was also quite tactful and did not ask too much. After thanking Zhang Junfeng, he left calmly.
After witnessing the conversation between the two, Li Fuzhen looked at Zhang Junfeng with a smile, "Zai Rong, you are willing to invest with us, so what about me and my sister? You can't just forget about us, right?"
Zhang Junfeng smiled awkwardly, "How is that possible? Honey, if you're willing, you can certainly join in, and if you're short of money, you can just tell me directly. We're a family, aren't we?"
Hearing Zhang Junfeng's fairly acceptable answer, Li Fuzhen nodded in satisfaction, took Zhang Junfeng's arm and got into the car.
…
In the following days, at the extraordinary shareholders' meetings of Yuetian Capital and Yuetian Seven Star Beverage Company initiated by Comet Capital, the operating rights of the two companies were not successfully acquired because the cumulative shareholdings of shareholders who voted in favor did not exceed 50%.
This also made Xin Dongzhu, the newly appointed interim head of Yuetian Group, overjoyed. It was said before that Zhang Junfeng of Comet Capital was powerful and well-funded, but now it seems that he is just so-so!
The failure of Comet Capital's two consecutive corporate acquisitions also attracted a lot of attention. Even many bigwigs began to speculate whether Comet Capital's situation had changed, for example... their funds had been exhausted?
After all, Comet Capital, which has always been known for its strong cash flow, is quite powerful. When encountering tough opponents, it often uses more cash flow to reverse the disadvantage and turn defeat into victory. This time the situation is indeed a bit abnormal.
…
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
Zhang Junfeng ignored the many speculations outside. The most important thing at the moment was the developments in Hong Kong.
In his opinion, whether or not he got the management rights of these companies was only temporary. Later, as long as he had sufficient funds, he could take them by force. As for the senior executives of Yuetian Group, including Xing Gehao and his son, they had already paid a painful price, and his previous anger had almost subsided.
(End of this chapter)