I'm in the county town, and you say I'm a big shot?
Chapter 730 We must anticipate their predictions!
Chapter 730 We must anticipate their predictions!
Fang Qingye smiled and said, "President Ning, the key to success or failure lies not in the futures market itself, but in whether we can truly hold ADM by the throat in the spot market, especially in logistics!"
"The operations in the futures market serve the purpose of the spot market: First, to confuse ADM and make him think we've lost our minds; second, as long as our spot market strategy is successful, the short sellers in the futures market will be like a tree without roots, and then it won't be us losing money, but us turning the tables and forcing them to their deaths!"
At this point, Fang Qingye smiled and said, "I admit that I'm gambling. I'm not gambling on luck, but on the fact that we have a deeper understanding of Brazilian logistics than ADM, and that ADM is so arrogant that it ignores these 'details'!"
"If we can really do that, I think I'm 70% confident."
As Mr. Ning listened, he took out another cigarette and silently lit it. Suddenly, he stubbed it out hard and said, "I understand. Go back and have a meeting."
Everyone returned to the conference room. President Ning did not sit down, but stood at the front of the conference table, his gaze sweeping over everyone, his tone calm and firm: "I just had an in-depth exchange of views with President Fang. I have decided to adopt President Fang's strategy."
The meeting room erupted in commotion, and Yang Fan repeatedly tried to stand up and object.
President Ning raised his hand to stop him: "I know this decision goes against conventional trading logic and risk control models. However, everyone, what we are facing now is not a normal market fluctuation, but a meticulously planned ambush. If we follow the conventional approach, we will undoubtedly lose."
He raised his voice: "Governor Fang's plan, though seemingly risky, actually grasps the essence of the problem—ADM's Achilles' heel lies in the inability of its massive spot market to circulate in a timely manner. The struggle in the futures market must be closely integrated with the actions in the spot market!"
He then looked at Sun Xudong, the head of the group's risk management department: "Minister Sun, the parameters of the risk control model can be adjusted, and the risk coefficients can be reassessed. What I want is not absolute zero risk, but a strategic victory under controllable risk!"
"Mr. Yang!" President Ning's gaze swept over Yang Fan again: "Mr. Yang, execute the order. Begin to systematically and covertly increase long positions in the far-month contracts. Pay attention to the pace of position building, and avoid causing violent market fluctuations. This is not a simple speculation; it is a signal for our overall counterattack!"
The following steps involved refining Fang Qingye's proposed plan, and the discussion continued until 6 PM.
Sun Xudong and Yang Fan left with solemn expressions, but President Ning smiled and invited Fang Qingye to have dinner together that evening.
"No need, President Ning," Fang Qingye politely declined. "Everyone is tired, let's rest."
At this point, Fang Qingye said jokingly, "President Ning, once we beat ADM in the futures market and COFCO International's ocean-going cargo ships fully loaded with soybeans successfully arrive at our country's coastal ports, then you can treat me to a meal."
"Haha, okay, it's a deal! I'll definitely throw you a celebration banquet when the time comes!"
When Fang Qingye left COFCO headquarters, he didn't ask Chen Zhiyuan to drive him home, but instead walked back with Yue Kai.
The lanterns are on.
Neon lights bathed the sidewalk in warm hues, and well-dressed men and women smiled as they boarded waiting ride-hailing cars. The sweet aroma of cakes wafted from the neighboring shopping mall, mingling with the rich scent of coffee shops.
All of this seemed to exist in a completely different world from the brightly lit conference room at COFCO headquarters. There, only cold numbers, tense nerves, and a silent battle raged.
Fang Qingye felt as if she had been transported to another world.
Just then, her phone rang. Fang Qingye took it out and saw that it was Qiao Yongfeng calling, so she picked it up.
"Qingye, you're really brave." That was Qiao Yongfeng's first words.
Fang Qingye immediately understood his meaning and asked with a smile, "What? You've already received the meeting minutes?"
"Yes, your meeting just ended, and President Ning sent us the contents via encrypted email. I'm currently discussing it with President Zhang Lijun of COFCO International, and he said you're crazy."
"Hey, Old Joe, I didn't say anything about Bank Manager Fang." A strange man's voice came from the side. "Hey, so what if I said it? My brother here won't mind."
Fang Qingye laughed and said, "It's okay. I admit it was a bit crazy, and all the pressure is on you guys."
"Yes. We not only need to purchase soybeans, but also to secretly control the transportation and logistics. Fortunately, our Philgeri Company has been operating for two years and has some connections in Brazil's main soybean producing areas."
Fang Qingye understood what he meant.
After acquiring Philgrey, Fang Qingye stopped paying attention to the company's affairs. Apart from the financial statements sent to him every six months and the annual report written by Ou Anli, the director of Tuofang Technology's office in São Paulo, he ignored everything else.
But Qiao Yongfeng is different. In the past two years, he seems to have focused his work on soybean trade. He spends several months in Brazil every year to communicate and connect with local business owners and government officials. It seems that he is now putting those efforts to good use.
Fang Qingye felt a little guilty: "Thank you for your hard work, Brother Qiao. How about I fly to Brazil to assist you?" He had been a hands-off manager in the acquisition of the two companies.
On the other end of the phone, Qiao Yongfeng refused without even thinking: "There's no need. To be honest, you wouldn't be of much help even if you came."
He spoke quickly, his voice tinged with the restlessness of a rainy day: “You don’t like socializing, you can’t dance samba, and you can’t drink… You might as well stay in China and keep an eye on the futures market. That’s what we call winning from afar.”
After a pause, Qiao Yongfeng suddenly remembered something: "By the way, shouldn't your Tuofang Fund also get involved?"
"Don't worry, I will naturally step in to provide support when the time is right," Fang Qingye replied.
"That's good... That's all for now. Mr. Zhang is waiting for me to discuss the plan." The sound of papers turning over came from the other end of the phone. Qiao Yongfeng muttered under his breath, "This damn rain just won't stop. It's so annoying."
Fang Qingye and Yue Kai took a plane back to Nanxin the next morning.
Those who were supposed to go to work went to work, and those who were supposed to go fishing continued fishing. Of course, he was still keeping a close eye on soybean futures on the Chicago Board of Trade.
He also made sure to send the meeting minutes regarding COFCO's futures strategy to Ouyang Shaoqiang in Hong Kong.
"We're working with COFCO to slowly build up our positions, mainly to compete for long-term contracts, especially those for July!" Fang Qingye said over the phone.
"OK, how much money will we invest in total this time?" Ouyang Shaoqiang asked on the other end of the phone.
"Isn't Yang Fan from COFCO worried about losses? He's been clamoring to cut his losses and is too afraid to invest! We'll help them invest! We'll prepare $5 million!"
"Okay, let's start building the position right away!"
"Note that unlike COFCO Futures' high-profile approach, we must remain silent!"
The movements at COFCO Futures quickly alerted ADM, which was thousands of miles away.
ADIM, a futures subsidiary of ADM, located in Chicago, USA.
(End of this chapter)
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