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

Chapter 409 Margin Call, Company Collapses
"Old Yang, what should we do? Should we liquidate our positions?" Li Wei asked nervously.

He's been very nervous ever since he started trading Shanghai copper futures.

On the one hand, the price of copper in Shanghai fluctuated wildly, going up and down, and his mood was like a rollercoaster.

In addition, he was worried that Fang Qingye and his group were up to no good behind the scenes. Although the possibility was not very high, after all, the Shanghai Copper market was very large, and a few hundred million or even a billion yuan could not control the market.

Fortunately, the journey was uneventful, and I made over 6000 million yuan. However, I added to my position again yesterday.

Seeing this situation today, his heart was in his throat once again.

Yang Xianliang didn't speak, but after looking at the market carefully, he said, "We just opened a position, and then suddenly we closed it. We didn't make a single penny and even lost the transaction fees."

Indeed.

According to the team's analysis, they planned to short 3.5 lots this time, and the position building was only completed in the evening.

"Alright then, let's observe it further." After saying that, Li Wei carefully examined the chart again.

Fortunately, there were signs of large funds entering the market at the beginning of the night session, but after 11 p.m., the market returned to its previous sluggish state, and the contract price stopped rising and began to slowly decline.

Li Wei's anxiety subsided once again.

Shanghai copper futures closed at 1 a.m.

Li Wei rubbed his sore neck, stood up and stretched, then stood by the window and opened it. The cool air mixed with the smell of the sea rushed in, instantly clearing his dizzy head.

It's midnight now, and the once bustling city has quieted down, with stars that are rarely seen peeking out.

He suddenly remembered an old song sung by Zheng Zhihua called "Twinkle Twinkle Little Star".

Me, who learned to lie and pursue fame and fortune

Losing oneself in reality reveals one's own vulnerability.
Isn't he just talking about people like himself?

I don't want to think about it anymore, I should go to sleep. I have to get up early tomorrow.

Li Wei yawned.

Fang Qingye had already gone to sleep. Around midnight, he received another call from Huang Hua, who told him that Baoying Fund's holdings had not changed. He then knew that everything was as he had expected.

Baoying Fund is going to go bankrupt.

So I brushed my teeth, washed my face, soaked my feet, snuggled into the warm blankets, and fell into a deep sleep.

I slept exceptionally well that night.

The next morning, he was still fast asleep when he was woken up by his phone ringing. He groggily reached for his phone.

"Which one?"

"Qingye, breaking news! XX newspaper published an article exposing that several mining companies under Jiangxi Copper Corporation have been discharging industrial wastewater into the Le'an River for years, harming hundreds of thousands of people downstream," causing "farmland abandonment and high cancer rates in the area! Major websites have reprinted the article, and the stock market has become turbulent!"

"The market has opened?"

"It's already 10 o'clock, how come the market hasn't opened yet?!"

Is it 10 o'clock?
Fang Qingye opened her eyes and looked at her phone carefully. Sure enough, it was ten o'clock!

I slept well.
Just then, Shi Guangrong's slightly excited voice came through the phone again: "Jiangxi Copper Industry's A-shares immediately plummeted to their daily limit, while other copper stocks surged, and the Shanghai copper CU1201 contract also hit its daily limit!"

"Okay," Fang Qingye replied lazily.

"Qingye, did you already know about this news from the xx newspaper?" Shi Guangrong asked.

"How could that be? I don't have any friends here."

Shi Guangrong was somewhat skeptical: "Then how did you predict it so accurately?"

"This isn't the first time we've partnered to speculate on futures and stocks, is it? Do you have relatives in the media?" Fang Qingye retorted.

Upon hearing this, Shi Guangrong suddenly recalled speculating on Zhengzhou cotton futures two years ago, when a fire suddenly broke out in the Qingdao bonded area, burning a large amount of cotton and causing a sudden change in the trend of cotton futures prices.

The situation is exactly the same today.

This doesn't make sense.

"Isn't it enough that I can predict the future?" Fang Qingye joked. "I'm not chatting anymore, I need to get up."

Fang Qingye hung up the phone, got dressed, washed up, and went out of the bedroom to the nursery below.

The snow had long since stopped, and the rising sun shone brightly on the snow-covered nursery, making it exceptionally beautiful. "Indeed, it's a sight to behold, adorned in red and white, truly enchanting."

However, the snowfall was still not as heavy as in the north.

After eating, time to get to work! Shovel snow!
The nursery was bustling with activity today, with workers busy clearing snow, pruning damaged branches, and inspecting and repairing the frost protection greenhouses.

The futures market is also booming, with major Shanghai copper contracts shaking off their recent slump and starting to rise, especially the CU1201 contract, which hit the daily limit!
The small investors were all smiles.

Of course, some people are also upset.

Li Wei stared at the board, his face ashen.

Damn it, how come everything changed after I took a nap?

You son of a bitch newspaper, why did you have to report this now of all times?!

And why would you, Jiangxi Copper Corporation, do such a despicable thing?!

If you're unlucky, we're unlucky too!

Li Wei cursed inwardly, but it didn't change the reality.

Shanghai copper futures hit the daily limit up, and I can't even buy a contract to close my position!

Done
Li Wei could no longer hold on and slumped into his boss's chair.

Shanghai copper futures contract CU1201 continued to rise after two consecutive limit-up days, indicating that Fang Qingye had achieved his goal and was taking the opportunity to sell off his shares.

Not bad.
In just one week, they earned 5.5 million yuan.

Fang Qingye was very satisfied with this result.

But what pleased him even more was hearing the news that Baoying Fund had suffered a margin call due to its speculation in Shanghai copper futures.

Shi Guangrong told him the news. After listening, he was silent for a moment before replying, "OK, we've achieved our goal. From now on, Baoying Fund has nothing to do with us."

Shi Guangrong understood Fang Qingye's meaning, which was that the revenge against Baoying Fund had come to an end, and they would go their separate ways from now on.

2012 has arrived.

This year was dubbed the end of the world, and on New Year's Day, all sorts of rumors spread across the internet, such as "the end of the Mayan calendar," "the reversal of the Earth's magnetic poles," and "a planet colliding with the Earth."

Of course, Fang Qingye scoffed at this.

After New Year's Day, he drove to Shanghai to visit his company.

This time, instead of staying at the Ritz-Carlton, Fang Qingye stayed in her own villa in Yu Cui Yuan. The house was fully furnished and equipped, and was usually empty. Fang Qingye contacted a cleaning company to come and clean the house once a week to keep it clean.

So when he came in, he turned on the central air conditioning. The room was bright, clean, and very comfortable. The only inconvenience was that there was no food service; he had to eat outside.

Of course, you can also order takeout.

Ele.me is now the largest food delivery company in China, with its business covering 28 cities and regions across the country. According to its plan, it will expand to 10 more cities this year, basically covering all major cities in China.

Mobile app ordering functions have become increasingly rich and convenient, thanks to Fang Qingye, who told Zhang Xuhao's team all the functions of several major food delivery platforms in the future.

Fang Qingye ordered a meal at a nearby KFC on her phone. Twenty minutes later, she heard the doorbell ring from the surveillance system in the living room on the first floor. She went out to open the door and saw a young man wearing glasses and a blue Ele.me uniform standing at the door with an electric scooter next to him.

"Sir, your takeout has arrived," the young man said politely.

"Thanks."

Fang Qingye carried the meal into the gate. Actually, he wasn't interested in this kind of Western fast food; he mainly wanted to test the delivery time and the deliveryman's service attitude.

not bad.

He gave the deliveryman a five-star rating.

After finishing her meal, Fang Qingye checked the time and drove to the International Financial Center Building. She went up to the 37th floor of Building B and saw that the employees of Baoying Company were carrying cardboard boxes in the corridor, looking dejected.

"Hello, Mr. Fang!"

When the receptionist at the company saw Fang Qingye arrive, she quickly bowed and greeted her.

"Okay," Fang Qingye replied, then asked the girl in a low voice, "What happened at the company next door?"

"I heard the company went bankrupt."

(End of this chapter)