I'm in the county town, and you say I'm a big shot?

Chapter 312 Put away your restless heart, don't become the second Yuan Baojing!

Lin Guangmao was taken aback.

People who have been involved in the futures market for a while and have a large portfolio know Yuan Baojing.

He was once a top student who graduated from Yenching University. After graduation, he was assigned to work at a bank in Beijing. Three years later, he resigned and used 20 yuan as start-up capital to establish Yanjing Jianhao Industrial Development Company. He earned his first pot of gold by planting and selling high-quality black wheat seeds. Then he turned to the stock and futures markets and made huge profits. He then "swallowed" more than 60 companies through capital operations and became known as the "King of Acquisitions", "Business Genius", "Li Ka-shing of Yanjing"... until he became the first winner of the "World Young Entrepreneur Award" in China.

In the autumn of 1996, Yuan Baojing suffered a loss of over 9000 million yuan in futures trading in Chengdu. Yuan suspected that Liu Han, chairman of Hanlong Group, who was involved in futures trading, had colluded with the stock exchange to alter the rules. This led him to consider hiring someone to take revenge.

As a result, Liu Han was not retaliated against. Instead, the "hitman" he had hired, a man named Wang Xing, blackmailed him because of the incident. So Yuan Baojing hired someone to kill Wang Xing.

Yuan Baojing was later sentenced to death.

This case caused a sensation at the time, especially in the securities market. It was the first revenge killing case in China caused by futures trading, and the perpetrator was a well-known entrepreneur and business genius in China at the time.

Fu Haitang is bringing up the old story now to calm Lin Guangmao's crazy heart.

"But I still can't swallow this insult. If it weren't for Fang Qingye and his group causing trouble, according to our plan, we would have had another month to successfully trade both futures and spot. Each of us would have earned at least a billion yuan. But now?!"

As Lin Guangmao spoke, his eyes turned fierce again.

"Lin Guangmao, do you really think the current situation was caused by Fang Qingye? Does he really have that much ability?!" Ge Weidong, who had been silent until now, finally spoke up.

"Brother Ge, tell me, who else could it be but him?!"

Ge Weidong was the oldest of the three and the most composed, so the other two respected him.

"Let me tell you, even without Fang Qingye, we could have shipped the goods smoothly?! As far as I know, a company in Huijing called Bangcheng International Trading Company imported 100,000 tons of cotton from Brazil to Shanghai Port just last month. You have to understand that cotton is a strategic material, and its import and export are controlled by the state. What does this mean? The state has already started to suppress it! Fang Qingye and his group just happened to be in the right place at the right time and became the fuse for the price drop."

Upon hearing Ge Weidong's words, Lin Guangmao's heart tightened: "Brother Ge, do you mean that Fang Qingye has some kind of private cooperation with the government?"

“I don’t know about that, but what I’m thinking is that Fang Qingye’s timing was so perfect, and such a coincidence could not possibly be without his connection to the authorities. I don’t believe it.” Ge Weidong smiled as he said this.

"So, Lin Guangmao, put away your restless heart and don't become the next Yuan Baojing!"

Lin Guangmao remained silent.

"Alright, let's not talk about that anymore. Let's get back to the main topic and talk about how to fix it." Fu Haitang quickly changed the subject.

"There's only one way: find a way to short hedge." Ge Weidong's expression turned serious.

“Since our own accounts are frozen and we can’t open positions, we will continue to find others to open accounts, bypass the Zhengzhou Commodity Exchange’s monitoring, and short sell in large quantities. This way, we can recover some of our losses. I have a feeling that this decline will be very strong and powerful, and cotton futures prices will never recover from this point on and will have no speculative value.”

"What about spot goods? You can't short sell spot goods?" Lin Guangmao asked.

"Sell it quickly, whatever price you can get. Keeping it in our hands is like holding a hot potato! I told you not to touch any stock, but you wouldn't listen! Sigh."

“Brother Ge, it’s no use saying these things now.” Fu Haitang quickly comforted him: “Then let’s split up and find cotton mills to find a way to sell these 300,000 tons of cotton as soon as possible.”

Lin Guangmao and Ge Weidong nodded.

After discussing the matter, everyone prepared to go home and go their separate ways. At this moment, Ge Weidong suddenly said, "After this Zhengzhou cotton speculation is over, I plan to go abroad."

"Going abroad, Brother Ge, what are you planning to do?" Fu Haitang asked curiously.

"Go to New York to trade foreign futures; I won't trade domestic ones anymore, it's purely a policy-driven market."

Fang Qingye was unaware of the three men's conspiracy in Shanghai. At that moment, he was fishing with Shi Guangrong at Baimao Port. Although the weather was cold, the fishermen had their own kind of joy.

Each person was wearing a green military overcoat, a woolen hat, and gloves, sitting on the shore like a big, furry bear.

It snowed a little last night, and there were few people in the surrounding fields, which gave Fang Qingye a feeling of "an old man in a straw hat and raincoat, fishing alone on a cold river in the snow".

This feeling is so wonderful.

Fang Qingye was focused on fishing, but Shi Guangrong, who was not far away, took out his phone and seemed to be talking to someone. After a while, he walked towards Fang Qingye.

"Qingye, a friend is calling. He heard you're with me and wants you to answer the phone," Shi Guangrong said.

"Who?"

"You'll find out when you answer the phone."

Fang Qingye answered the phone and said "Hello," and a woman's voice immediately came through the receiver. "Mr. Fang, hello, this is Zhu Yi."

Zhu Yi?!

Fang Qingye knew her; she was known as the "goddess" of the futures trading world.

The two had met once before, a few months ago at the Shanghai Securities Association Club. At that time, Ye Qingjun, one of the four kings of the futures industry, hosted a cocktail party, and the other three also attended.

The two chatted for a while.

"Hello, Miss Zhu," Fang Qingye greeted.

"Just call me Zhu Yi, it's a bit awkward to call me 'Miss' these days. How about I call you by your name too?" Zhu Yi said with a laugh on the phone.

"Ok."

"Qingye, I called you earlier but you didn't answer, so I called Guangrong instead. I didn't expect you two to be fishing together."

"I usually keep my phone on vibrate or silent when I'm fishing, and I didn't feel it today because I was wearing thick clothes," Fang Qingye explained with a smile. "Is there something wrong?"

"A bit, I guess. Shanghai is in complete chaos right now, and you two prominent figures are leisurely fishing in the countryside," Zhu Yi said.

"You call it chaos? The futures market? The China Securities Regulatory Commission and the stock exchanges are intervening, but that has nothing to do with us, right?"

"It's okay? Some people say you're the culprit behind this drop in Zhengzhou cotton futures, and they're going to hold you accountable," Zhu Yi said on the other end of the phone.

Fang Qingye smiled faintly: "Looking for someone to settle scores with? Who? Lin Guangmao and his gang?"

"Yes, they suffered a great loss this time and are resentful, especially that Rin Mitsushige. You need to be careful."

"Huh? Still trying to pull those gangster stunts? Let them come. I'll be waiting for them in Nanxin."

"You are not afraid?"

"What am I afraid of? Do you really think he's Yuan Baojing? But he was executed too, wasn't he?" Fang Qingye said.

“Lin Guangmao is young and impulsive, but Brother Ge is mature and steady, and won’t let him act recklessly.” Zhu Yi said on the phone, “Alas, Brother Ge has also been badly harmed by them this time.”

Fang Qingye didn't say anything, she just listened.

He could tell that Zhu Yi and Ge Weidong had a good personal relationship, so this news might actually be somewhat reliable.

A message? A gesture of goodwill?
However, he didn't want to talk about that matter anymore, and changed the subject instead: "Zhu Yi, you must have made a lot of money from this cotton futures speculation, right?"

"I made a little money, but I'm about the same as Ye Qingjun. I sold a bit too early, unlike you who are skilled and daring."

"Hehe, it was just a coincidence."

"Okay, let's not talk about that. Isn't Nanxin fun?" Zhu Yi suddenly changed the subject.

"is acceptable."

"I came over that day too. I heard you have a lot of flowers and seedlings. Shall we go and admire them?" Zhu Yi said.
"Just looking isn't enough, we have to buy," Fang Qingye joked.

"No problem, I like roses, I'll buy some!"

The two chatted for a few more minutes, then hung up the phone, and Fang Qingye returned the phone to Shi Guangrong.

"Qingye, Zhu Yi and Ge Weidong have a good relationship, so what she said isn't unfounded. You should be careful."

Shi Guangrong looked serious.

Fang Qingye looked at him and suddenly thought of something: "Guangrong, you came here and are staying here. You're not here to hide, are you?"

"Hehe, that's somewhat true." Shi Guangrong chuckled. "We made too much money this time, and they lost too much. They're afraid of taking their anger out on us, so I sent Jiang Yiling back to her hometown of Wuxi. My Silan Company will also temporarily close for a while."

"Well, it's good to be careful. If there's nothing else, just stay here. Let's continue fishing." Fang Qingye sat back down on the stool.

Amidst this chaos, 2011 was fast approaching.

(End of this chapter)