While logging into her account, Datasha explained things to Chen Dating.
Actually, it was my own fault for being careless. A few months ago, Datasha returned to her country for a while.
I met a relative in my hometown. She is a farmer and has been running her farm well over the years.
With some liquid capital in hand, he discussed with Datasha, and the two of them jointly invested and established an investment company in the local area.
Similar to domestic private equity funds.
Because Datasha holds a large number of shares and this investment company does not have an account in overseas financial markets, it is registered under the name of Oda Daily Chemical.
In fact, it became a subsidiary of Oda Daily Chemical.
In the early stages, the subsidiary operated well, so Datasha gradually relaxed its trading authority.
It was also because she had too much to do at the company that she didn't take this matter to heart.
But some time ago, this subsidiary company got into trouble. Her relative who was in charge of the company's operations violated the regulations and established a large number of short positions in US stock index futures. When Datasha found out.
The floating loss of the account has reached nearly 100 million US dollars, almost to the point of a bankruptcy.
After the incident was exposed, the relative was afraid of taking responsibility and ran back to China and his whereabouts are unknown.
A few days ago, Datasha asked Lina to go back, which meant she was sending her to find this guy.
If you want to run away, it's impossible.
Datasha came to New York as soon as possible to deal with this crisis.
Directly closing the position turned the floating loss into a real loss, so Datasha made a mistake that novices in the financial market often make:
Increase your position when losing money!
They hope to reverse the market by lowering the average price of building a position.
However, the market trend did not develop in the direction that Datasha expected. Just after she increased her position, the index futures continued to rise.
As of today when I called Chen Dating, the paper loss in the company's account had expanded to more than 200 million US dollars.
It's really getting deeper and deeper.
Now, Datasha thought of asking Chen Dating for help. Coincidentally, Chen Dating was also in New York.
After understanding the situation that Datasha was facing, Chen Dating chuckled.
"Sister Shasha, are you planning to cut your losses?"
"Yes, Da Ting, there's nothing we can do about it. My position is too heavy now. If I don't reduce it, I'm going to go bankrupt! That's why I called you to get your opinion."
Datasha looked at the floating loss in her account and felt very upset.
If this huge loss is confirmed, Oda Daily Chemical's financial report this year will be quite bad.
"In my opinion, not only do you not need to cut your position, you should continue to invest money to increase your position."
"Da Ting, you didn't look carefully, I'm shorting here now."
Datasha frowned and tilted her head slightly to look at Chen Dating in confusion, but at this moment, Chen Dating's eyes were not fixed on the computer screen.
Under the illumination of a bedside lamp on the table, Datasha's already fair body was shimmering with a faint halo.
From Chen Dating's perspective, it was like a holy light.
Extremely tempting.
"Ah! That's enough! Stop looking."
Datasha grabbed a stuffed bear from the bedside and threw it at Chen Dating's head.
"I'm asking you something serious!"
"Oh, I'm talking about business. Add as much as you can to your short position. If my predictions are correct, you'll see blood tonight."
"Da Ting, forget about the blood. I'll be thankful if my short positions can return to the cost line."
Seeing how confident Chen Dating was, and considering his past abnormal performance in the stock market.
Datasha finally decided to follow Chen Dating's advice, but the time was too tight and it would be difficult for her to transfer funds from China to increase her holdings.
"The money issue is easy. I can break it down for you."
"Da Ting, it's okay, but if the index continues to rise tonight, I won't have the money to pay you back if I lose more."
"It doesn't matter. The profits are yours, and I'll cover the losses for you."
Datasha has made great efforts to enable us to see the index futures market tonight in advance.
Just consider this money as her labor fee.
Since Chen Dating took on the responsibility, Datasha didn't bother to be polite with him.
Another $100 million was borrowed from Chen Datang.
At the branch office, Qiao Kuan had originally planned to celebrate in the restaurant downstairs from the company in the evening. Seeing that it was almost time for dinner, he called Chen Dating.
"Mr. Chen, come over and have a drink! It's such a happy occasion."
"Mr. Qiao, didn't you keep saying that the Kelang Era plate was too small during the day? I found you a bigger one."
"No, no, no, Mr. Chen, I was just joking! Please don't take it seriously."
Qiao Kuan hurried to explain.
"I'm not kidding. Take your people back to the trading room right now. I'll send the trading strategy to your phone later."
Qiao Kuan suppressed the smile on his face. Could it be that Mr. Chen really wanted to make a fuss about index futures?
A few minutes later, Qiao Kuan received a message from Chen Dating on his phone. The content of the message was very simple:
"Short position in the three major index futures, investment amount: US$20 billion."
Qiao Kuan's hand holding the phone trembled.
Good man, Mr. Chen, Mr. Chen, I want to make a big deal, but this is financial futures after all!
It starts with 20 billion, isn’t that a bit too aggressive?
At this moment, if Liang Xuanyu from the Frankfurt branch stood next to Qiao Kuan, he would definitely gloat over his misfortune.
Old Joe, Old Joe, prepare your quick-acting heart pills and prepare for the baptism of the storm!
“It’s open!”
At this time, Chen Dating and Datasha exchanged positions at the hotel and started to actually do the operation.
Datasha is still far inferior to Chen Dating. Besides, Chen Dating himself has not been in charge of the business for a long time, so he simply lets Datasha be the temporary trader.
By the way, go back and find the feel.
As a trader, he was paid quite well, and he was placing orders on the keyboard.
Under the table, Datasha was also busy, and from time to time she would look up at the screen.
During the first ten minutes or so, the index futures maintained a sideways trend, sometimes going up and sometimes going down, which seemed to echo Datasha's rhythm.
Chen Dating took advantage of this period of time to continuously increase his short positions, and Datasha's heart was beating wildly.
Chen Dating measured her heart rate with his left hand.
"Sister Shasha, your heart rate is beating a little fast."
Datasha didn't respond to him, but just rolled her eyes at him. It would be strange if her heartbeat slowed down in such an exciting situation.
Suddenly, Chen Dating clenched his fist slightly, here it comes!
I saw the three indexes falling one by one, approaching the first key price I drew on the paper.
And Datasha also stopped talking and watched excitedly.
Chen Da straightened his body.
Ahem…
Continue read on readnovelmtl.com