On October 15th, CCTV News reported that Xinjiang's cotton production had decreased significantly this year due to natural disasters.
Upon hearing this news, cotton futures prices surged by 20% instantly.
In the School of Information Technology, upon hearing the news of the soaring price of cotton in his dormitory, Zhang Jiesheng was so happy that he started performing a self-indulgent dance. His obese body swayed as he did so, looking somewhat comical.
His roommate noticed he was acting strangely today and asked, "Zhang Jiesheng, are you alright? Should I call 120 for an ambulance?"
"Get lost, I've struck it rich today, let me show off my dance skills."
Chen Hao was just as happy as him. Seeing the cotton futures price soar, he kissed the Russian girl next to him several times. Ever since he was hit hard by the loan, he had been turning down invitations from friends to parties.
The fastest way for young people to mature intellectually is through the harsh realities of society, the deceit of friends, and the setbacks of life.
Chen Hao was one of them. His previous girlfriend told him that she needed 200,000 yuan for her younger brother's schooling. Chen Hao readily gave her 200,000 yuan and sent her away.
He recently met this imported Russian girl at a bar. He felt she was pretty good, except that she would emit an unpleasant body odor every time they were in bed together.
So for the next few days, he would spray perfume in his room before exercising to make himself feel better.
On October 17th, the news that the U.S. national cotton reserves were only 46 percent and that cotton demand had increased significantly immediately went viral online.
Cotton futures have seen another surge, with domestic cotton futures rising by 50%, influenced by the US cotton market.
Even though cotton futures have now risen to over 20,000 yuan per ton, I still have many people buying them.
On October 20th, cotton futures surged by 70%.
In room 701 on the seventh floor of the Love Apartment building, Chen Ze and Shen Xiyu sat in front of their laptops, staring at cotton futures data.
Shen Xiyu stared intently at the amount of money in the account. She had never seen so much money in her life, and her voice trembled with excitement.
"Boss... cotton prices have surged by 70%, and the total amount in several accounts has reached 3 billion. Should we settle and sell now?"
Chen Ze clearly remembered that cotton futures rose all the way to November, with an increase of more than 100%. Because of this, Lin Guangmao in his previous life spent 10 million to increase his position and made 1.3 billion.
He patted Chen Xiyu's head and said, "Don't get excited. I think cotton futures should still have room to rise. Let's wait and see."
"Is there still room for further growth?"
Shen Xiyu now truly admires him immensely. He can remain so calm even after earning billions. She gazes at Chen Ze with affection in her eyes.
Chen Ze, feeling Chen Xiyu's gaze, touched his face and asked, "Xiyu, is there something on my face?"
Shen Xiyu's face flushed red. She turned her head and stammered, "N-nothing."
Chen Ze's cell phone rang in his pocket, and Shen Xiyu took the opportunity to go to the toilet to ease the embarrassment.
He pressed the answer button, and Chen Youfu's excited voice came from the other end of the phone: "Aze, cotton futures have skyrocketed. We should be able to make a lot of money this time. When do you plan to sell?"
“Uncle Youfu, don’t rush, wait a little longer. I’ve analyzed it once, and there should still be room for it to rise,” Chen Ze said firmly.
"There's still room for growth? That's great! Uncle, I'll just stick to your leg to make money."
Li Zongren, who was standing next to him, advised, "President Chen, I think we should take our profits now. We have more money than we could spend in several lifetimes."
Chen Youfu shook his head: "Even if I don't buy futures, I'll never run out of money in my lifetime. Just listen to Chen Ze, he's smart."
On Chen Ze's end, Fatty and Chen Hao called separately, asking when he would sell. He replied in unison, "Wait."
Chen Ze could understand their current agitated mood. If he didn't know the futures market trend, he might have been just as excited as them, and might even have immediately sold.
By maintaining a cheerful mood every day, Chen Ze found that time flew by, and in the blink of an eye, it was November 1st. Although cotton futures were still rising that day, the momentum had clearly slowed down a lot.
"Xiyu, sell all the long positions in the account immediately."
After giving his instructions, he called Chen Youfu and told him to close the net immediately.
After she finished speaking, the room was filled with the clattering sound of keyboards as Chen Xiyu rapidly typed.
Immediately afterwards, Chen Ze joined in, and the two of them worked together to sell much faster.
The transaction was finally completed at 2:20 PM, with a total profit of 5.2 billion RMB.
Chen Youfu also made over 5 billion, and in his excitement, he waved his hand and directly transferred 10 million to Li Zongren as a kickback.
"Mr. Chen is so generous, thank you so much, Mr. Chen." Li Zongren couldn't stop smiling.
"This is the compensation you deserve. I hope we'll have the opportunity to work together again in the future. By the way, when will the money arrive after the transaction is completed?"
"Mr. Chen, the funds will arrive on the second business day after the futures settlement."
"..."
In the Nanshan Building, at the headquarters of Panda Takeaway, Wang Kaicheng paced back and forth in his office while making a phone call.
"Director Mao, it's not appropriate for you to raise prices after only the second month of our cooperation."
"Mr. Wang, I'm sorry, this wasn't my idea, it was the idea of the higher-ups."
“Fine,” Wang Kaicheng hung up the phone, indignantly saying, “Charging two million a month for a ten-second ad, that’s fucking outrageous.”
The key issue is that the company only has 50,000 yuan in its account right now.
"Knock knock knock".
There was a knock on the door.
"Come in."
Marketing Manager Liu Qihao walked in and handed a document to Wang Kaicheng: "Mr. Wang, I plan to expand into the Hunan Province market this month, and I hope you can approve a budget of five million for our department."
Wang Kaicheng thought to himself: You must be drunk on fake alcohol. Where am I supposed to get five million for you?
But on the surface, he still had to put on an act, not daring to say that the company was short of money. He could only take a look at the document and say, "Let me take a look at your plan first, and I'll give you an answer tomorrow."
Liu Qihao wisely left.
He was about to call his boss to ask when the money would be transferred, but he put his phone down again as soon as he picked it up because Chen Ze was already in front of him.
"Has anything unusual happened at the company recently?" Chen Ze asked.
"Boss, Pearl River TV is raising advertising rates this month. Their station manager said they're going to double the price. Also, this document in front of me is a business plan that Manager Liu from the marketing department brought over. Their department is asking for approval of five million to expand their market in Hunan Province."
Chen Ze picked up the plan and looked at it, thinking that it was well done.
Continue read on readnovelmtl.com
