Chapter 347 Options



"Do you even know who he is? You threw away his lyrics! Do you know how much you've lost? That was your chance to become a superstar in Japan! Don't wait here, hurry back and find him." He grabbed Miss Fazi's hand, urging her to go to a hotel as soon as possible, hoping the hotel's cleaning staff were lazy.

Xing Baohua returned to Hong Kong.

He started getting busy; the inspection team from the desert country would arrive in a few days, and he wasn't ready yet.

They could only put on an act to get by.

Since it's just a charade, that makes things easier.

We'll bring out some of the projects we tested previously. As for the wireless software testing, we can only do a live demonstration; the backend management cannot be shown to the other party. Even if they could see it, it could only be played in image format.

Uncertainties in the backend system can lead to poor results.

It shows a normal charge, but then suddenly you're charged an inexplicable high fee. Who can stand that?

Another factor is the distance difference in signal strength, causing it to be intermittent. Of course, this can be explained by the fact that tall buildings in Hong Kong affect signal strength! That's somewhat plausible.

In a desert country with a vast and sparsely populated area, where you can hardly see any tall buildings, how can you expect the signal to be bad?

As long as you are within signal range, the advantages of digital phones become apparent: the call quality is exceptionally clear, and the volume is very loud.

It's many times louder than the intermittent, crackling electrical noise of an analog machine.

No need to feed them on the street! You have to shout to feed them.

To make the performance complete, we used the latest optimized system from the software park. This instantly made the original digital machine run much smoother.

It's very playable; at the very least, the game doesn't lag, so you don't have to shut down and restart when it freezes.

The text formatting is so laggy that you sometimes want to throw your phone.

Okay, to be honest, it's normal for new products to have some bugs. These are just test versions, we'll use them first and let customers participate in public testing, summarize their feedback and the manufacturer will accept it.

To correct the error in the rice counting machine, Xing Baohua would create a separate suggestion book. If a suggestion was adopted, he would mail a coupon to the person whose suggestion was adopted.

It will also indicate that by using coupons and old phones, one can upgrade to the next generation of phones at a 30-50% discount.

As for the recycled old mobile phones, we'll set up a refurbishment factory and sell them to Malaysia and India.

They only need a mobile phone that can make calls; they may not need anything else.

Since returning, Xing Baohua has been keeping a close eye on all the working groups in the telecommunications department.

Alwaleed arrived in Hong Kong again on his private jet with a main team of forty or fifty people. There were also nearly two hundred support staff, making it a large group.

Luxury cars, buses—Xing Baohua has a lot of resources at his disposal. With just a few phone calls, he borrowed ten Rolls-Royces alone. Not to mention other brands like Mercedes-Benz.

The Hong Kong government also attached great importance to this business meeting, sending several specialists to assist in coordinating with relevant departments. The Transport Department also sent personnel to help with traffic control and road security.

The event was very large.

The Hong Kong government didn't get too involved in private business dealings; they were all normal commercial transactions. Given how well Xing Baohua paid taxes, he still received the benefits he was entitled to.

Xing Baohua, who personally greeted Alwaleed at the airport, had a brief conversation with him before arranging for him to rest at the hotel.

The formal review of the telecommunications sector's test projects will begin tomorrow.

Xing Baohua originally planned to wait until the trial operation period was over before finalizing the order from the desert country. But then he thought, wait a minute! The desert country isn't providing the oil all at once; they're giving it over several years!

That's like giving him an option!

Oil price fluctuations are directly correlated with futures oil prices. Various factors can influence futures oil prices.

It's 1987 now, and there are only three years left before we see a surge in oil prices.

That was a famous and classic war that has been included in the military textbooks of various countries.

When the war broke out, all countries were prepared for oil prices to skyrocket.

But who knew it was a trap, ruining so many futures traders!

The war ended in 40 days, even faster than Hitler's blitzkrieg.

Not only did the US want a quick victory, but it also didn't want oil prices to rise, so it used some of its strategic oil reserves to quell the price increase.

With those oil-producing countries increasing their daily oil production, oil prices came down.

This has resulted in many people who believe it will be another protracted battle and another round of high-priced oil being severely ripped off.

Indeed, the futures market saw price fluctuations in the two days leading up to the start of the war, and on the day the war was officially declared, the price rose by 23%.

Back then, even a fool would follow the trend and buy when prices were rising.

As a result, 60% of those who traded oil were trapped. That's nearly a hundred billion US dollars!

They were eaten by the Great American Kingdom and several allies.

If a desert country uses oil instead of cash, or pays in installments, then the near-term oil price is easy to calculate, but the long-term oil price must be calculated using futures trading.

Options are a good thing.

This is simply a contractual transaction negotiated between the buyer and seller; it represents a unique type of contractual right.

This right is not affected by fluctuations in the futures market, but the futures market is highly volatile, and either the buyer or the seller must suffer a loss.

If it's a forward futures contract, and Xing Baohua and Alwaleed set the price at $10 per barrel of crude oil, but due to some unforeseen circumstances, the price rises to $30 per barrel.

Therefore, the desert country must still pay Xing Baohua ten dollars a barrel. Xing Baohua can then resell it and make a profit of 20 dollars a barrel.

If the situation were reversed, Xing Baohua would still buy the barrels for ten yuan, but the price on the futures market would be five US dollars per barrel. Xing Baohua would have to bear the loss himself, losing five US dollars per barrel, no matter how much he had.

Therefore, forward futures can not only be used to trade volatility, but also for options.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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