Of course, when she first met Xing Baohua, she conducted an internal review of this unfamiliar employee once again.
There were no problems. Moreover, there was no unusual behavior when working with Xing Baohua.
Treat it as a normal work report.
She came to deliver the documents again that day, only to be told by the secretariat that General Manager Xing was away on a business trip.
My first instinct was to ask, "Where did he go?"
"Does the boss need to report to us when he goes on a business trip? You shouldn't ask questions you shouldn't ask. You have no manners at all."
Even after being scolded, Zhao Haiyan wasn't angry. She gave a knowing look and quickly left.
Xing Baohua's actions are now all in secret, with a dedicated person arranging the routes. Ever since they learned that someone was targeting him and Xiao Tian, everyone has been extremely cautious. Actually, there's no need to be so vigilant in China, but they're still afraid of the worst-case scenario.
Xing Baohua arrived in Hong Kong.
Recently, there have been many short positions placed on oil futures, and the volume is quite large.
Placing a short order at this point? Isn't that a joke?
So he came over to see who was doing this. Xing Baohua was shocked when he saw the transaction volume. They were really rich. Orders worth three to five hundred million had been placed.
Xing Baohua turned to the trader and asked, "How much more can we support?"
"If the price breaks the support level of 14 yuan, we'll have to clear out a batch of our positions."
"No need to liquidate your positions, just buy more. Buy at the lowest point every time. Take as much as you can."
"The other party has a short order worth 500 million! We..."
"I'll add another 20 billion to your budget. Take his money and leave." Xing Baohua said angrily.
Not to mention that the whole world knows he trades oil futures, even in Hong Kong, everyone knows he placed his order six or seven months ago, with a one-year term.
Some people followed his lead and started doing it, but some quit halfway through, while others stayed until the end. As long as Xing Baohua didn't quit, they didn't quit either.
Now that the price has been driven even lower, Xing Baohua's buy orders are at risk of losses and margin calls.
Of course, it won't be a complete wipeout, but rather a partial loss, which would still amount to hundreds of thousands.
If it's a short position worth several hundred million, it's really not enough to show up.
But what if there are other factors?
"We found out which organizations these orders belonged to."
"The Western Alliance?"
"?" Xing Baohua looked at the trader who had spoken with a question in his mind.
"The main force is still the Wall Street group, but other companies have also joined, such as the Melbourne consortium, New Zealand, and London investment companies. We call them the Western Alliance."
"Good, that fits. Calculate their cost price for me. Keep an eye on DaMei's movements."
"They have been consistently releasing strategic oil reserves recently. Oil prices are indeed slowly declining."
"Didn't they release a batch a few months ago? Haven't they finished releasing them yet?"
"Yes!"
Xing Baohua was taken aback, sensing that something was wrong! The Americans have a limited oil reserve, and they haven't released it all in the past few months; they don't even know how much oil they've released.
This whole thing is definitely not normal.
No, they didn't release their own oil reserves at all; instead, they released oil controlled by other countries, which they simply misrepresented.
One reason is that war is about to break out in less than two months. The Americans are already short of oil reserves, so why would they release oil? That's ridiculous.
Perhaps those bloodsucking Wall Street figures have smelled the blood and are making moves ahead of time?
First, short sell to suppress prices, then use the news of oil rationing in the US to further lower oil prices. Once you've exited at a certain price level, immediately turn around and go long.
Maximize profits?
Xing Baohua thought about it and understood those capital manipulation techniques. The short positions were not meant to stop him, but to suppress the market. But three or five hundred million wouldn't be enough to bring it down!
Xing Baohua could easily take over their orders himself?
Once Xing Baohua's funds were in place, the trader began to take short positions in Ximeng United.
Several hundred million is considered a small order; it will be finished quickly.
But shortly after we finished eating, they put up empty orders again, only with prices getting lower and lower.
Upon seeing this, Xing Baohua laughed and said, "Throw 5 billion orders at me and block their path to lower prices."
A massive order blocked the path of short selling; to continue pushing prices down, this massive order had to be absorbed.
The market is buzzing, and those who used to pay attention to the stock market are now staring intently at overseas market data.
There was a fierce battle between bulls and bears in the oil futures market.
Especially that mega-order; those familiar with him say it's typical of Xingzai's style. He bought at the bottom, and don't forget his multi-billion dollar long positions. If oil prices continued to fall, he would have lost a fortune. Luckily, he had the resources to place those orders underground.
"Holy crap, am I seeing things?! The competition is taking orders. Can anyone tell me how many billions they've closed deals for?"
No one told him the answer. With 5 billion, multiple joint institutions could easily come up with the money, eat it all up, and then continue to suppress the price. The 14-yuan support level was quickly broken.
The price is still dropping a bit. Xing Baohua isn't worried about losing 5 billion, and continues to instruct, "Throw in another 5 billion."
This time, empty promises are not enough; they need time to raise funds and to rationally study the plan, considering whether such a large-scale effort might lead to financial ruin.
Another question is, how much additional funding does Xing Baohua actually have?
Just as they were hesitating, oil prices rose, gradually returning to the $14 mark.
A price increase is beneficial to Xing Baohua; if the increase is significant, then Ximeng United's short positions will face pressure.
At this point, they had no choice but to bite the bullet and accept the bill.
The next day, Hong Kong financial news and television stations reported that the Japanese also released oil, as did the Koreans, and many Western countries also said they were releasing oil to convert strategic oil into civilian oil.
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