Chapter 326 The Cotton Futures Battle (Part Two)



The United States is ablaze with lights at night. In a wealthy island villa district, Claude and a blonde beauty are engaged in adult activities on the bed.

Suddenly, a rapid cell phone ring interrupted Claude's actions.

He stopped what he was doing and cursed in frustration, "Shit!"

I glanced at my phone's contact name and saw that it was Jess calling. I thought to myself that if he wasn't calling me so late, I would definitely deduct his bonus for the month.

Claude pushed the blonde woman away and grabbed his phone from the bedside table.

The blonde woman muttered in annoyance, "Fuck! Honey, which damn bastard called? What a spoilsport!"

"Shut up," Claude said, then pressed the answer button.

Jess's voice came from the other end of the phone.

"Dear boss, we've encountered some obstacles in the Chinese cotton futures market. Our opponents are proving difficult. What should we do next?"

Upon hearing his subordinate's report, Claude remained silent for a moment before asking, "Did their officials get involved?"

Jess thought for a moment before answering.

"Judging from their methods, it shouldn't be like that. They only kept the price slightly above the original price and didn't raise it too much. They seem like seasoned stock market veterans."

Claude was on the phone when, unexpectedly, the blonde beauty hugged him from behind, stroking his body with her hands and kissing his back repeatedly.

Claude shoved the blonde woman onto the bed and said impatiently, "Onif, stop messing around, okay? I'm talking about serious business."

Onif rolled over and snorted in dissatisfaction, cursing Claude inwardly for leaving her in this awkward position, feeling extremely unhappy.

Claude ignored her and continued giving instructions to Jess on the other end of the phone:

“My warrior Jessie, execute Plan A immediately. Let them know we are prepared. That might make them back down.”

"Dear boss, isn't it a bit premature to start implementing Plan A now?" Jess asked, looking puzzled.

Hearing Jess's silly question.

"Smack!" Claude slammed his hand on the dressing table, the force of which made the entire table shake, and the cosmetics on it slid to the ground.

"Jayce, have you gone stupid after breathing Chinese air? I'm even starting to doubt your abilities," Cloud roared.

"Okay, I'll arrange it right away." Hearing his boss's anger, Jess didn't dare to say anything more. After hanging up the phone, he began to arrange for people to carry out Plan A.

...

Before they knew it, it was 1:30 p.m. In order to deal with the attack by foreign capital in the cotton futures market, Chen Ze and Ge Weidong did not go to the hotel for dinner, but ordered food directly from Panda Takeout online.

At this moment, each person had a boxed lunch in front of their computer desk, and they were eating while keeping an eye on the unusual stock market data.

They didn't notice anything unusual until they finished their meal, but Chen Ze saw it as the calm before the storm.

At 2 PM, the National Bureau of Statistics released the PMI data: 49.8, slightly below the expansion/contraction threshold.

Almost simultaneously, multiple domestic and international financial media outlets began to sensationalize the issue, claiming that "global cotton production capacity is excessive, with particular emphasis on the problem of a large surplus of cotton in China, while also exaggerating the risk of a hard landing for the Chinese economy."

Within just ten minutes of the news broadcast, the stock market and futures exchanges reacted sharply, with the cotton futures trading index plummeting by 3% within five minutes.

Immediately afterwards, Louis Dalfo's people entered the market, and a large number of short positions followed.

The next half hour was arguably the most thrilling game in the history of cotton futures trading. With Ge Weidong and Chen Ze in charge, they used their strong capital and coordinated the entry of various institutions in batches.

Whenever cotton futures prices are pushed down to a critical level, there is always a strong buying force that lifts the prices up.

Ge Weidong quickly picked up his phone, skillfully swiped his fingers across the screen, found the number he wanted to dial, and pressed the call button without hesitation.

After the call connected, he paused for a moment, seemingly waiting for the other party to answer.

When the voice came from the other end of the phone, Ge Weidong immediately lowered his voice, as if afraid of being overheard by others.

He spoke very quickly, muttering words incessantly, but his voice was so soft that Chen Ze, sitting not far away, couldn't hear what he was saying at all.

Just as Ge Weidong was making the phone call, some domestic media outlets began reporting on news related to the cotton industry.

One particularly eye-catching headline read: "Domestic cotton industry is highly resilient; the oversupply situation is a short-term illusion."

This news immediately attracted widespread attention in the market.

Many retail investors who originally planned to follow the trend and sell cotton gradually had their doubts dispelled after seeing this news report and the interpretation of the event by some experts on Weibo.

They began to re-examine their decisions, and some even stopped their ongoing selling activities to observe further changes in the market.

...

Meanwhile, in an office in the building, Jess, with a grave expression, asked his subordinates, "So, how much money have we lost so far?"

His voice was low and serious, as if suppressing a surge of anger.

Sitting opposite him was a black woman who looked at Jess expressionlessly, then revealed a set of white teeth and replied softly, "Jess, the situation is not good. We have lost a total of 300 million RMB in just three days."

Upon hearing the number, Jess's face instantly turned ashen. His teeth clenched so tightly that they rattled, and his hands clenched into fists. He almost couldn't resist smashing the computer in front of him to vent his anger.

However, in just a moment, he used his strong rationality to pull his emotions back.

He took a deep breath, trying to calm himself down, and then slowly lowered the back of the chair a little, reclining his body as well.

He closed his eyes and began to ponder how to deal with the difficult battle that lay ahead.

Initially, Jess thought the battle would only take three months at most, and he was full of confidence in his plan.

However, reality dealt him a heavy blow. To his utter surprise, his opponent proved to be incredibly formidable, a situation that completely exceeded his expectations.

After careful consideration, Jess suddenly sat up straight, his eyes becoming sharp and decisive.

Without hesitation, he lit a cigarette, took a deep drag, and slowly exhaled a smoke ring.

The smoke filled the air, and the nicotine in the cigarette acted like a tranquilizer, allowing him to calm down and think things through.

Immediately afterward, Jess decisively ordered, "Execute Plan B immediately. Use our shell company to create fake short orders over there and see how they react."

His voice was cold and firm, revealing an unquestionable determination.

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