As she spoke, Zou Wenjuan pulled Xing Baohua toward the bedroom.
My good mood was ruined again.
The next day, Xing Baohua woke up and sent Xie Yingying a text message, telling her that she didn't need to go to work for three days.
Xie Yingying, who roughly knew about Xing Baohua's plan, did not reply, but still chose to go to work. Xing Baohua owned several large companies, and just handling those documents and business would require her to be aware of many things, even though each company had an assistant.
Xing Baohua didn't go to the company for three days. Besides having a baby at home, she was also avoiding the eyes and ears of the old nobles in the Eagle Clan.
The fact that Xing Baohua was staying in the villa also proves that he was seriously considering some things.
The old aristocracy had a good idea. They knew the internet was unreliable and wanted to use paper contracts, but they didn't forget that once the internet was established, quotes could be made anytime, and banks' quotes would change from the traditional model to a real-time model.
This model still relies on the internet to transmit data.
Banks also use this data to quickly quote prices. So, once Xiaotian figured out the software and automatically upgraded the server functions in several major global markets, such a huge vulnerability would allow Xing Baohua to do whatever he wanted.
They couldn't obviously cheat, but by running around to more or more locations, or by adding a delay, they could give Xing Baohua an opportunity.
Suppose Xing Baohua buys a large number of long positions at a certain price point, the old nobles will have to drive down the price in order to take advantage of his orders.
If their method works, Xing Baohua's large long positions face huge losses; he either has to set stop-loss orders or watch the price drop.
It's fine if there's no leverage, but once there is leverage, you have to keep adding margin, otherwise you could get liquidated at any time.
Therefore, Xing Baohua was afraid that in order to trigger a margin call, the data would be modified to delay or reduce the margin by a few points when the price was close to the point where the margin call would be triggered, so that the price would not be allowed to slide down when it was about to be triggered.
Then came a rebound.
These small locations are hard to find. Even if we know the data is suspicious, we pay them first and then investigate later.
But as tech-savvy individuals, can we really let them check? Actually, there's a time lag involved; by the time they check the data, it will have already been cleaned up.
Professional trolls are all genuine defense experts.
You might have intended to use this technique to make some short-term profits, but someone holds a knife to your throat and says, "If you don't make money off me, I'll kill you."
This kind of good fortune is a once-in-a-century occurrence; you couldn't find anyone like it anywhere in the world.
Therefore, three days later, Xing Baohua had no choice but to reluctantly agree to the unreasonable demands of the old nobles. He wasn't foolish enough to choose cooperation, as that would have meant helping them make money.
A bet.
This is something many venture capital funds and speculative funds around the world do, with the best results achieved by Soros's hedge funds.
The old nobles represented the Great Eagle Pound, and no matter what currency Xing Baohua wanted to create, the Great Eagle Pound was the dominant currency.
Xing Baohua currently has US dollars, and he needs to exchange them for British pounds in cash.
Depending on the fluctuations in foreign exchange rates, short-term trading is possible, with the bank providing on-site exchange services for Xing Baohua throughout the process.
Such an old-fashioned exchange method, sigh, people feel it's the safest and most secure.
They're not afraid of trouble, after all, many banks are owned by their family.
It was still on that yacht, but this time there were more people. A professional legal team drafted the contract, and many senior bank managers also came to participate, since they were needed to assist with the mobilization of funds.
Banks also charge fees for these spot transactions, which is why they are so proactive.
In this way, all of Xing Baohua's investment funds came to light: 10 billion US dollars, already sitting in several banks in Europe.
Everyone present witnessed the crazy moment when Xing Baohua signed the document.
Many people think Xing Baohua has gone mad; even giving away money like this is unheard of. Although those nobles in the Great Eagle have some influence in Hong Kong, it won't be long before it returns to China, so what's there to be afraid of?
No one tried to dissuade Xing Baohua, because their performance was related to this performance-based agreement.
Moreover, the timeframe of this performance-based contract was revised entirely according to Xing Baohua's wishes. The old nobleman had no objections; the length of the contract didn't matter, as long as he performed the contract, and there was no limit to the number of times.
Even if a single order fails to sell, it's fine, since it's just Xing Baohua's funds that are tied up and the transaction fees that need to be paid.
To avoid wasting these losses, Xing Baohua could only use the money to speculate in foreign exchange to make up for his losses. It wasn't the nobles who were anxious, but Xing Baohua.
Moreover, there was a clause in the contract that allowed Xing Baohua to save money independently, meaning he didn't want to gamble with the nobles anymore and could withdraw his funds at any time.
Moreover, it requires guarantees from numerous banks to ensure that Xing Baohua's funds can return to Huahong Bank, regardless of whether he makes a profit or a loss.
Driven by greed, the bank actually agreed to such outrageous terms. In reality, the bank didn't suffer any loss; it was just a simple transaction.
Banks exist to meet the conditions that can be met for their major clients.
Often, when you deposit money, everything is fine and there are no obstacles. But when you want to withdraw it, you have to prove that the money is yours, and unexpected obstacles will arise.
The bets with the old nobles of the Great Eagle were, after all, a one-off deal. If he won money, he was afraid that the other party would get desperate and sabotage him, preventing him from transferring the funds out.
Therefore, this clause is clearly stipulated to prevent any unforeseen circumstances.
After Xing Baohua signed the contract, the evening newspaper published a news report that afternoon, stating that Xing Baohua and a certain consortium of Daying had bet on exchange rates.
Rumors about this had been circulating for a while, but the veracity of the news hadn't been confirmed yet. Now that the newspapers have published the story, it turns out to be just sensationalist headlines.
It's completely useless.
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