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

Chapter 358, Section 357: "When your savings reach 100 million, you will also enjoy the same treatment."

After breakfast, Fang Qingye drove Xu Yunyun home to retrieve her ID card before going to complete the formalities. He didn't go to the Shanghai Futures Exchange, but instead went to China Merchants Bank where he had opened an account.

On the way, he first called Yang Liu, his bank's account manager, to tell her that he would be coming to the bank soon to handle some business.

When he drove to the bank, he got out of the car and saw Yang Liu waiting respectfully at the bank's main entrance, along with the bank's president, Zhang Jincheng.

"Hello, Mr. Fang!"

Zhang Jincheng grabbed Fang Qingye's right hand first.

"Hello, President Zhang," Fang Qingye replied, then introduced Xu Yunyun who was standing next to her.

"This is my friend Xu Yunyun."

"Hello, Ms. Xu." Zhang Jincheng quickly shook Xu Yunyun's hand again.

Xu Yunyun was a little overwhelmed by Zhang Jincheng's enthusiasm.

Whether at Nanxin World or running a small business in Shanghai, no one had ever been so enthusiastic towards me, even showing a hint of respect.

However, she was quite worldly-wise, and upon regaining her senses, she immediately responded with a smile. Only then did the four of them enter the bank and arrive at the VIP room.

Sitting on the sofa, Yang Liu poured coffee for the two of them. Zhang Jincheng then asked, "Mr. Fang, what business are you here for this time?"

"My friend opened an account at your bank, and I will transfer some money to her account," Fang Qingye explained, of course not revealing the specific purpose.

Zhang Jincheng glanced at Xu Yunyun quickly after hearing this.

Mr. Fang's girlfriend?
She is pretty, but lacks poise and elegance, making her unsuitable to be the wife of a wealthy man in the future.

Of course, a handsome and wealthy man like Fang Qingye would definitely have more than one girlfriend, and this one might be a mistress or something similar.

The thought flashed through Zhang Jincheng's mind, and he immediately said to Yang Liu, who was standing to the side, "Process the formalities for Miss Xu."

Soon, Xu Yunyun followed Yang Liu to complete the account opening procedures at the computer, while Zhang Jincheng chatted with Fang Qingye.
After all the formalities were completed, Fang Qingye did not rush to transfer the money, and the two left the bank.

Back in the car, Xu Yunyun smiled and said to Fang Qingye, "Every time I come to the bank, I have to wait in line for a long time. I've never seen it so convenient, and I've never seen the bank manager personally greet me."

Fang Qingye chuckled after hearing this: "When your savings reach 100 million, you will also enjoy the same treatment."

"One hundred million?" Xu Yunyun clicked her tongue in amazement. "I could never dream of that in my entire life. I don't ask for much. I just need to save up 100,000 yuan, and then I'll go back to my hometown!"

"Keep trying, there's hope!" Fang Qingye encouraged.

Fang Qingye drove Xu Yunyun to open a futures account. He didn't go to CITIC Securities Futures, where he had his own account, but instead went to a company called CICC Wealth Futures. He parked the car near the business hall, but Fang Qingye didn't go in with her. Instead, he gave Xu Yunyun a few instructions on opening an account.

"Don't worry, Brother Fang, I'll take care of it," Xu Yunyun said.

Fang Qing also believed this.

Based on her experience at Nanxin World and running a small business in Shanghai, the girl's interpersonal skills are stronger than those of the average girl.

The girl got off the bus and returned to it half an hour later, carrying a leather bag.

"Brother Fang, everything is done. All the documents are here. Oh, and I'll also give you the bank card and PIN."

As she spoke, Xu Yunyun took out the bank card she had just obtained.

Fang Qingye naturally didn't stand on ceremony. She told her to put the documents in the back row and then said, "Then I'll take you back."

"Okay." After sending Xu Yunyun back to her residence, Fang Qingye returned to the hotel, having spent the entire morning taking care of these matters.

After having lunch and resting for a while, Fang Qingye went to prepare to go to the company at 2 pm. Since she was already there and didn't have any plans for the afternoon, she should go and check things out.

There's not much going on at Tuofang Technology. After more than two years of experience, Li Li, now the vice CEO, manages the company very well. There are only a few people, and the business is just reviewing and preparing accounts.

Tomorrow Cube has hired 12 more employees, and the previously rather empty office area is now more lively, although it has not officially opened for business yet.

The quantitative trading software "QuantPulse," developed by Wei Xinghua, has been upgraded to version 1.1 after debugging. The girl told Fang Qingye that after a period of simulated stock trading to identify problems and fix bugs, it can be officially put into operation.

Fang Qingye was not in a hurry about this, prioritizing stability above all else.

Moreover, his main battleground is not the domestic A-shares market but the US stock market, taking it one step at a time.

The next day, I made an appointment to go fishing with Shi Guangrong.

We went to Dianshan Lake again. The environment there is quiet, and it is far from downtown Shanghai. There aren't too many tourists, so it's a great place to fish and chat.

The two of them talked about business while fishing today, and naturally it was all about futures trading.

"According to the information I received, the inspection team also notified Lin Guangmao and others to go for questioning, but it seems that they didn't get any information out of them."

"That's exactly the result they want," Fang Qingye said with a smile. "Do they also want to make this public, have a reporter interview them, or better yet, have the regulatory authorities publicly refute the rumors?"

“You were absolutely right,” Shi Guangrong replied. “I heard that Lin Guangmao and his group wanted to find some reporters to do an interview and broaden their reach.”

Fang Qingye listened and smiled slightly as she looked at the lake.

Several people, including his lawyer, sent letters to Sina.com, and the other party finally responded by issuing a statement on the website's finance channel.

The content is also quite intriguing.

The gist of the argument is that the report about the speculation in Shanghai rubber futures was written by Ding Haibin, who has been dismissed from his company for several days of absence, so this matter has nothing to do with Sina.com.

In short, he completely absolved himself of any responsibility.

Fang Qingye had already guessed this outcome; these kinds of portal websites were all incredibly shady, and a real lawsuit against them would be a protracted affair.

Both sides were merely making a show of yielding and backing down, deciding to stop while they were ahead.

"Glory, do you think the regulatory authorities won't come out to refute the rumors?" Fang Qingye asked.

"Perhaps," Shi Guangrong said after a moment's thought.

"After all, this involves a lot of people, and they are all big players who are quite active in the futures market, so they are handling it very cautiously. The activity level of the futures market this year is far less than that of last year. We don't want to lose all the market activity, like the A-share market did."

“That’s possible, but given their methods, they certainly won’t draw a definitive conclusion; they’ll probably just release a preliminary investigation report or something,” Fang Qingye added.

Sure enough, two days later, the Shanghai regulatory authorities released a message on their official website, stating that they were investigating rumors of manipulation of Shanghai rubber futures. The investigation is still ongoing, and no one has been found to be suspected of market manipulation so far.

Finally, investors are reminded to invest rationally and guard against investment risks.

However, this last, familiar reminder didn't seem to have much effect. The Shanghai rubber RU1107 contract continued to lead all types of futures contracts, while also driving up the RU1109 and RU1111 contracts.

The spot price of domestic standard rubber (SCRWF), the main variety, is 39725 yuan/ton, up 862 yuan/ton from the average price of the previous month.

The controversy surrounding this article seems to have subsided, but the mastermind behind it has not been found. However, another piece of news has emerged in the Shanghai rubber futures market:
A private equity firm called Yingchuang Investment suffered a margin call due to shorting the Shanghai rubber RU1107 contract.

(End of this chapter)