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

Chapter 449 Exploiting the Americans

Chapter 449 Exploiting the Americans

After Lin Guangmao finished speaking, everyone started discussing it.

There is a consensus on the trend of US soybean production this year: a decrease!
There is no disagreement that reduced production will lead to higher domestic soybean meal prices, but there is still debate about the exact price and whether it is worthwhile to continue taking long positions.

Radical investors, like Lin Guangmao, insist on large-scale capital inflows to directly drive the price up. Conservative investors, like Ge Weidong, remain skeptical.

At this moment, Tian Hao, General Manager of Yong'an Futures, said: "We at Yong'an Futures strongly agree with General Manager Lin's view. There is still a lot of room for speculation in soybean meal!"

"So, Mr. Tian, ​​you're going to invest in soybean meal futures?!" someone immediately said.

Tian Hao smiled but did not answer directly. However, his words and expression just now clearly sent a signal to others that Yong'an Futures would be entering the market this time!
Yongan Futures is a large, state-owned futures company!
His public statement undoubtedly excited his supporters, and the discussion resumed.

Fang Qingye remained silent.

He scoffed inwardly.

Just cook it.
In the end, you'll just get yourself fired and sent to jail!

It's pitiful that he made so much money for the company, but he couldn't enjoy it himself and ended up in jail.

Lin Guangmao noticed Fang Qingye's silent expression and said with a smile:

"Qingye, what's your opinion?"

All eyes then turned to Fang Qingye.

Fang Qingye smiled and replied:

"I need to go back and look at some materials and data, analyze them carefully, and then make a decision."

If someone else had said this, Rin Mitsushi would have been unhappy and would have either agreed or disagreed. Why would he pretend to go back and study it?

But Fang Qingye's words seemed perfectly natural to him.

So he nodded and said to everyone, "Let me make it clear first that we are just chatting today because we have nothing else to do, and we'd like to share our views on soybean meal futures prices. We're not trying to form any alliance. Everyone can make their own decisions about whether to invest. Of course, we can exchange information and stay in touch."

This is crazy
Isn't it just forming an alliance to manipulate the market?

It’s just self-deception.

After the discussion, everyone returned to the VIP room next door in twos and threes. At this moment, Zhu Yi walked over and asked in a low voice, "Qingye, you don't seem interested in Lin Guangmao's proposal?"

"Who said that? I said I'd go back and study it more carefully," Fang Qingye denied outright.

Zhu Yi smiled and didn't argue, but said, "This time I will follow your lead, just like Shi Guangrong. If you don't want to participate in the investment, I will also stay on the sidelines."

"Heh, how did you suddenly become my little fangirl?" Fang Qingye joked.

"I've always been a big fan of yours." Zhu Yi smiled sweetly: "Idol? No, these days it's more common to call them 'idols' (or 'love idols')."

Fang Qingye burst into laughter after hearing this.

Around 10 p.m., after the cocktail party ended, Fang Qingye took a car back to the villa. The next day, she did not rush back to Nanxin, but instead made an appointment with Shi Guangrong to go fishing at Dianshan Lake.

Fang Qingye has been busy lately and hasn't gone fishing for a long time; his hands have been itching to go.

He accepted Shi Guangrong's invitation at the party last night.

The two sat on small stools, their long fishing rods with fishing lines dangling from the shimmering lake surface. Not far away, Yue Kai, wearing sunglasses and with a blade of grass in his mouth, stood under a willow tree, occasionally glancing warily at his surroundings.

When Shi Guangrong first saw Yue Kai, he couldn't help but take a few more glances at him.

"Driver also acting as bodyguard?" he asked.

"Yes." Fang Qingye didn't hide anything.

“Looks like I need to find one too. Shanghai isn’t safe either,” Shi Guangrong said. “What’s wrong?” Fang Qingye pressed.

"Look at how Lin Guangmao was preparing for a big battle last night. I wonder how many people will go bankrupt or become the next Li Wei because of this?" Shi Guangrong said calmly.

When Li Wei was mentioned, Fang Qingye fell silent. After Baoying Fund went bankrupt, Li Wei seemed to disappear from Shanghai's investment circles.

Some say he went to Shanghai to resume his old profession, while others say he has left the futures industry, found a new job, and is living a normal life. Still others say that he was devastated by the blow and spent his days drinking.

“But that’s what futures trading is all about. That’s capital. Some people make money while others lose money. Some people go straight to heaven while others fall into the abyss.” Shi Guangrong sighed and turned to ask the silent Fang Qingye.

"Aoba, are you not planning to participate?"

"Ah."

“I can feel it.” Shi Guangrong looked at the lake again: “Your heart is not as hard as Lin Guangmao’s, or rather, as cold-blooded.”

"Maybe, but I'll still make a living from futures trading." Fang Qingye laughed. "Just like you said, instead of fleecing these small retail investors in China, why not fleece the Americans?"

"You want to invest in US futures? Speculate on US soybeans?" Shi Guangrong immediately realized what Fang Qingye was up to.

"Yes, since the price of soybean meal in China is closely related to the price of US soybeans, why don't I just speculate on US soybeans and take advantage of the Americans?"

"That makes sense," Shi Guangrong nodded.
"But there are two difficulties. First, the US futures market is much larger and more mature than the domestic one. You probably can't use the same method we used last year with Lin Guangmao and others to speculate on Shanghai copper. Second, even if you do make money, how to safely transfer the funds from the US to China is also a problem. Large funds want to return to China, but the US won't let them go easily."

"I never wanted to form an alliance with Lin Guangmao and his group. Shanghai Copper and Zixin Pharmaceutical were forced into this situation. They were too audacious and reckless, and they were bound to get into trouble sooner or later."

Fang Qingye spoke while keeping her eyes fixed on the lake: "As for the second point, going off the coast of Hong Kong is a bit more troublesome, but we can always bring it back."

"Decided?"

"Ah."

“Alright, I’ll go back and study American soybeans,” Shi Guangrong said.

"Secret."

"clear."

"I reckon Lin Guangmao and the others are waiting for your reply."

"Ignore them. They've taken the bait!"

Fang Qingye, who had been staring at the lake, suddenly pulled up his fishing rod, and a carp nearly a foot long was pulled out of the water, jumping and wriggling.

"My luck is pretty good today." Fang Qingye happily put the carp into the plastic bucket.

After fishing, Fang Qingye took a car back to Nanxin overnight.

Sure enough, a few days later, Lin Guangmao called Fang Qingye to subtly inquire about his thoughts, and Fang Qingye answered quite decisively:

"After careful consideration, I decided not to participate in soybean meal futures speculation, but to focus my energy on the operation of Jinghai Bank."

Lin Guangmao was somewhat disappointed, but he didn't say much.

Everyone has their own ideas.

For example, Ge Weidong, a member of their group, has already declared that he will not touch domestic soybean meal futures, but is preparing to speculate on US soybeans instead.

However, some people are already eyeing soybean meal.

Shanghai Futures Building.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like