Reborn, back to a small county town to become a wealthy family

Chapter 687 Take a Gamble

Secretary Chu didn't know that his boss had secretly given him a speed boost.

After seeing the office decoration, everyone sat in a circle around the coffee table. She consciously sat down to make tea and acted as a tea artist.

"Chairman, since I'm not busy right now, I'd like to report to you on the company's recent recruitment situation."

Zhao Pengcheng helped Luo Yang light a cigarette before he spoke: "According to your previous requirements, more than 80% of the talents who meet the company's needs have been employed, and both domestic and foreign sectors can operate normally."

Dong Xuan was sitting next to him. When she mentioned this, Luo Yang suddenly remembered the previous conversation.

"cough cough"

Luo Yang coughed a few times, interrupted Zhao Pengcheng and said, "The overseas financial market sector will continue to allocate personnel as required. I have some other considerations for the domestic sector, and I will take this opportunity to explain them to you."

Dong Xuan picked up the teacup, put it to her lips and sipped it gently.

What he said just now was said in front of her, and it can be seen that Luo Yang did it on purpose.

This has deviated from what she discussed last week.
Dong Xuan drank tea while quietly watching what Luo Yang was going to say next.

“The domestic sector needs to make some adjustments.”

Luo Yang thought for a moment and continued, "First, half of the fund products that the company will sell in the future for the domestic financial market will be long-term investments. As for which stocks to hold for the long term, I will ask the company's analysts to work out a list and I will finalize it for you later."

Just one first thought was enough to shock Zhao Pengcheng, Dong Xuan and Chu Jing.

Which fund company’s products are like this?
Zhao Pengcheng opened his mouth several times, as if he wanted to raise objections, but he felt that Luo Yang had not finished speaking, so he held back for the time being.

"The second is short-term trading. We are not allowed to touch anything that is strictly prohibited by the securities regulatory authorities."

As Luo Yang spoke, he looked at Chu Jing: "Secretary Chu, can you tell me which actions the CSRC has clearly stated are illegal operations?"

Chu Jing, the real tool man, finally played a role.

"Boss, Mr. Zhao, the first rule that the Securities Regulatory Commission has clearly stated is that insider trading is strictly prohibited."

Chu Jing just sorted out his thoughts for a while, and then began to act as a professional assistant to his boss: "This is the most serious violation of stock market trading regulations. It refers to the use of undisclosed important information to conduct securities transactions. If it is a violation, once verified, it will be severely punished."

When it comes to the term insider trading, Luo Yang also knows it.

But he only knew the name; as for more detailed explanations, he had no idea.

"Other prohibited behaviors include market manipulation."

Chu Jing knew that Zhao Pengcheng knew everything she was talking about, and he understood it more thoroughly than she did.

But she knew better that her current explanation was for her boss.

So she continued, "So-called market manipulation refers to manipulating stock prices by artificially creating a false illusion of market supply and demand through fraudulent means. For example, if stock prices are affected by continuous buying and selling, joint buying and selling, or self-buying and self-selling, once such illegal operations are reported and verified, in addition to confiscation of improper gains, a heavy fine several times the amount will be imposed, and relevant personnel of the fund company will be punished."

After all, Chu Jing lacks practical experience, and although what he said is correct, it is too dogmatic and rigid.

So after she finished speaking, Zhao Pengcheng couldn't help but mutter, "This kind of thing is hard to define, unless it's too obvious. If you just restrict it, some flexible operating methods will be wasted."

This is true in any industry. In practical operations, there will always be people who figure out the rules and, after becoming proficient, operate within the boundaries of regulations and rules.

It is hard to say that this method violates regulations, but if you insist on nitpicking the words in the rules and regulations, you can interpret them differently. After all, the final right of interpretation belongs to the people who formulate the rules and regulations.

Zhao Pengcheng has been working in this industry for many years, so he naturally knows some techniques in this area.

If he were not to use it at all, it would be like wasting half of his martial arts.

"Let Xiao Chu finish speaking first."

Luo Yang leaned back on the sofa, smoking a cigarette and said calmly, "We'll talk privately later."

After saying that, he gave Chu Jing a look, indicating her to continue.

"False information disclosure is also expressly prohibited. This refers to companies or individuals deliberately concealing or fabricating important information in securities market information disclosure in order to mislead investors. This is mostly illegal operations by listed companies themselves, and generally has nothing to do with our fund companies."

"You can't say that."

Zhao Pengcheng stopped talking, but Dong Xuan couldn't help but interrupt him, "The major shareholders of listed companies and fund companies cooperate with each other to disturb the company's stock price through information disclosure in order to make profits. This phenomenon is not uncommon in actual operations."

Luo Yang noticed that there were two words missing in Dong Xuan's words.

"Dong Xing, there is a difference between false information disclosure and information disclosure, right?"

“There are techniques and skills involved.”

Without Dong Xuan's explanation, Zhao Pengcheng spoke up: "For example, quarterly financial statements are released every quarter by listed companies, but some news is released together with the financial data, or released separately at another time, which has different effects on the company's stock price."

Luo Yang roughly understood the meaning of this.

But Zhao Pengcheng was afraid that he didn't understand, so he gave an example to explain: "For example, a listed pharmaceutical company will invest more R&D funds in the early stage of developing a new product, which will result in poor financial data before the new product is launched. However, after the new product is launched, it will start to make profits, and the financial data in the next quarter or half year will look good. Both of these will affect the stock price, and the announcement time of the successful development of a new product can be fine-tuned."

“Will adding icing on the cake have a cumulative effect?”

This time Luo Yang understood completely.

"Yes, Mr. Luo."

Zhao Pengcheng nodded and said, "If it works well, the stock price can rise for a week or two, or even hit one or two daily limit ups in a row. This is all possible, and all of this is within the controllable range. If you know the news and want to make money, there's basically no way out."

Good guy.
Does disclosing news in a tight time frame count as false information disclosure?
Luo Yang smacked his lips and then looked at Chu Jing.

"Boss, Mr. Zhao, Mr. Dong, stock manipulation is expressly prohibited."

Chu Jing's voice was a little softer this time. After all, he had just been taught a lesson by Zhao Pengcheng.

She is still new to some practical matters.

“Stock manipulation refers to the use of large amounts of money or fictitious transactions to manipulate stock prices and make profits.”

Seeing that no one interrupted, Chu Jing's voice was a little louder; "There is also illegal financing, where companies or individuals violate laws and regulations and raise funds through informal channels for stock market investment."

Speaking of this, Luo Yang knows a little bit.

When Boss Guo raised funds on Zhejiang East Road, the funds came from private capital. Strictly speaking, this money could not be used in the stock market.

But he did transfer some money through Yongcheng Bank, which is what Zhao Pengcheng said before, it was just skirting the line.

It is difficult to determine whether this behavior is a violation of regulations.

Of course, there are also funds that come from formal channels and are not allowed to be used for stock market investment.

For example, consumer loans designed to promote consumption clearly state when they come out of the bank that the money cannot be used for investment profit-making activities, including stock speculation.

However, some people cashed out and used the money to invest in stocks.

"Anything else?" Luo Yang picked up the teacup and took a sip. At the same time, he tapped the wooden coffee table with his fingers, indicating to Chu Jing not to forget to make tea.

Chu Jing, who was busy talking, blushed slightly.

"There are also frequent trading and excessive leverage, but the scale of this ban is a bit difficult to define."

Chu Jing picked up the kettle again to make tea while continuing to explain: "Because this kind of operation may increase the risk of illegal operations. Investors are generally advised to reasonably control the trading frequency and leverage ratio according to their own risk tolerance, and avoid violating trading rules in pursuit of short-term interests."

"When it comes to frequent trading, A-shares use the T+0 trading model."

Zhao Pengcheng added: "But there is no such restriction in Hong Kong and US stocks."

Chu Jing almost wanted to explain the T+0 trading model, fortunately Luo Yang spoke in time.

"Domestic stocks cannot be shorted, but U.S. stocks can."

Luo Yang nodded and said, "What you said is exactly what I am going to say next."

According to Dong Xuan's previous statement, the mainland financial market should be operated with caution and it is best not to touch it, but the Hong Kong and US stocks have nothing to do with it.

"The chairman wants the company to focus on Hong Kong and US stocks?"

After hearing this, Zhao Pengcheng roughly understood his boss's thinking.

"Let's put it this way. You can choose long-term holdings for US stocks, Hong Kong stocks, and A-shares. These funds can account for half or one-third of the funds of future fund products. Then you can make short-term operations. Of the remaining funds, half can be placed in A-shares. But there is a prerequisite, that is, the domestic stock market is still okay. If the domestic stock market is in a mess, it is better not to be stubborn."

Luo Yang said this based on his own experience of being a韭菜 for a period of time.

Domestic A-shares, in certain periods of time, were almost synonymous with stagnant water with only a few ripples, especially in the few years after the super bull market burst, when basically whoever entered would die.

During those years, there shouldn’t be too many funds that lose money.

The once powerful star fund managers are now in a state of disgrace.

"If the domestic market is not doing well, then we can switch to the US and Hong Kong stock markets."

Zhao Pengcheng obviously has experience in the domestic stock market, so he strongly agrees with his boss's statement.

"In fact, if you buy rice stocks now, as long as you don't use high leverage for short-term trading, you are basically picking up money."

罗阳想起前世从自媒体上看到过的一条消息，从2009年3月9日至2022年8月22日，米国股市经历了一轮长达11年3个月的牛市。

这一轮牛市截止到2022年8月底，相较于2009年3月9日，标普500累计上涨323%，道琼斯指数上涨293%，纳斯达克指数上涨522%。

Therefore, as long as you are not unlucky, it is basically difficult to lose money.

"But if you don't use leverage when trading US stocks."

After listening to Luo Yang's words, Zhao Pengcheng disagreed: "Chairman, the US stock market is a T+0 trading model, and it can be shorted in reverse, and even the US stock index futures can be operated. If there is no leverage, it is stable, but..."

“I’m not totally against it.”

Luo Yang thought for a moment and said, "Let's discuss this in private."

As long as you don’t object, Zhao Pengcheng immediately had no objection.

"Mr. Zhao, there has been a huge fluctuation in crude oil prices!"

Just as everyone was drinking tea and talking about the future development direction of the company, someone knocked on the office door.

Someone reported at the door: "In just less than ten minutes, the price of crude oil dropped from 89.12 US dollars per barrel to 85.66 US dollars per barrel!"

Before Zhao Pengcheng could reply, Luo Yang suddenly jumped up from the sofa.

Today is July 7th, and there are 9 days left until the mid-month deadline.

Originally, he thought that the crude oil price would fall to the lowest point of around 78 million yuan per barrel, and that it would be a slow process in the middle, and there might even be a slight correction, breaking through to more than 90 million yuan per barrel, and then turning around and falling again.

According to this template, the average daily drop is about 1 million yuan.

As a result, it suddenly fell to 85.66 million yuan per barrel today.
He didn't bother to explain anything and rushed out of the office and went to the trading room outside.

"All accounts are now ready to use the funds of the 'Angel No. 1' fund product."

Angel No. 1 is the name Zhao Pengcheng gave to Gray Rhino's first fund product. There are now a total of 1.03 million yuan in the account, of which 9300 million yuan is for public subscription and the other 1000 million yuan was given by Jiang Yuanshan alone to Luo Yang.

Zhao Pengcheng followed closely behind Luo Yang and continued without pausing, "Everyone listen to the chairman's instructions!"

There are ten traders in the operation room. Except for the first three old employees who know Luo Yang, the rest are new recruits who were recently hired and don’t even know that Luo Yang is the actual boss of Gray Rhino.

“Buy at 85.68 USD, each account buys 1000 lots, long!”

This time, we negotiated with China Merchants Bank for 3x financing and 5% margin, which is equivalent to 80x leverage.

There were a total of twenty-one accounts, twenty of which were allocated 500 million Mi Yuan equally, and the remaining one was allocated 300 million Mi Yuan.

By this calculation, the available funds in twenty accounts are equivalent to 4 million euros, and the least one is 2.4 million.

According to Luo Yang's previous instructions, buying 1000 lots would cost 8568 million Miyuan, which is equivalent to using only a little more than % of the position. Even for small accounts, only % of the position was used.

After the order was given, a burst of dense keyboard sounds began to be heard in the operation room.

As they were all experienced traders, they completed the trading instructions issued by Luo Yang in a very short time.

No need to stare at the computer this time.

The big screen has been projected onto the LED electronic display screen on the north wall. Luo Yang, Zhao Pengcheng, as well as Dong Xuan and Chu Jing who followed them, all fixed their eyes on the display screen.

After the transaction was completed, the operation room was silent.

Because in just one or two minutes, under Luo Yang's instructions, traders mobilized 18 accounts and invested nearly billion yuan into the US crude oil futures market.

Every 1 cent price fluctuation means a gain or loss of hundreds of thousands of yuan.

On the K-line chart, crude oil prices hovered around 85.67 million yuan per barrel, with the ups and downs ranging no more than 5 minutes.

Luo Yang didn’t know what other people’s state was like, but his heart was beating so fast that it almost jumped out of his throat.

The previous instruction is a risk, betting that crude oil prices cannot fall on average.

Although the chance of success is over 7%, and even if there is a decline, at least the space will not be large in a short period of time, and the loss will not be big.

But I still couldn't help feeling nervous.

“It’s going up, it’s going up!”

On the electronic display screen, a positive line rises.

85.73, 85.92, 86.21
(End of this chapter)