The Great Sage Returns from Ten Years of Imprisonment
Chapter 90: Hanging a Carrot with Goldman Sachs
Ling Yun took the documents and quickly flipped through them while listening to Secretary Zhou's explanation.
"To cover for the joint investment team, the Yuanda Investment team first bought 500 short positions in London Brent crude oil, with a leverage of 50 times."
"Around 10 p.m., they bought another 500 lots of short positions in New York WTI crude oil futures, with leverage still at 50 times!"
"Perhaps seeing that the Yuanda Investment team's actions were not significant and the amount of capital invested was not large, Goldman Sachs did not make any response..."
Ling Yun and President Kong exchanged a glance and chuckled in unison.
"No rush"
Ling Yun lightly patted the document in his hand, a sly glint in his eyes.
"This is the first carrot thrown to Goldman Sachs, intended to grab their attention and whet their appetite little by little."
"When they get a little impatient, throw them a carrot to show them more possibilities, and that'll keep them hooked."
At this point, he raised his hand to look at his watch.
"After the Olympic opening ceremony tonight, we can start building our positions. It won't be difficult to avoid Goldman Sachs' attention."
Mr. Kong burst out laughing and pointed at him.
"Hahaha, you really think Goldman Sachs is some kind of donkey pulling a millstone, constantly dangling strings with carrots!"
"This is hilarious! If the top executives at Goldman Sachs knew about this, they'd probably be furious!"
After exchanging a few jokes, they continued their discussion on other matters.
The most pressing issue is the allocation of the numerous futures trading accounts used in this joint operation, as well as the $1.75 billion in trading funds.
This time, as many as forty or fifty futures accounts were activated, some in mainland China, and some in Hong Kong Island and Singapore.
All accounts are ready to trade today.
The 1.75 billion yuan was mainly divided into three shares: 800 million yuan remained in mainland China, and the remaining 950 million yuan was transferred to Hong Kong Island and Singapore respectively.
The Hong Kong team received 400 million, and the Singapore team received 550 million.
All of these 1.75 billion dollars have been converted into pounds sterling and dollars, and then distributed into dozens of crude oil futures accounts.
The amount of funds in each account is not large.
As long as you are careful during the operation, it is difficult to attract the attention of international capital.
Of course, things will get a bit complicated a few months from now, when the total assets in these futures accounts have increased dozens or even hundreds of times!
But Ling Yun had already devised a strategy that was enough to resolve this problem.
It wasn't until around 10:30 that Ling Yun and General Manager Kong came out of the office and entered the outer office area.
Following that, General Manager Kong delivered a passionate speech.
First, I would like to announce that the joint investment initiative officially begins today. I hope everyone will work hard to achieve better investment results.
Secondly, everyone was told that all investment decisions were made by Lingyun, and the traders must strictly follow the trading instructions and must not disobey them.
Even if there are objections, they can only be raised with the few investment directors in charge, who will then relay them to Lingyun and begin a discussion.
Finally, he reiterated the importance of secrecy.
Anyone in the team who dares to leak secrets or engage in other violations will, at the very least, be fired, banned from speaking for several years, and barred from the financial industry for several years.
In more serious cases, it means washing your backside clean and going to jail, until you spend the rest of your life in prison.
Hearing that the consequences of leaking secrets were so severe, especially the words "life imprisonment," many traders couldn't help but feel a chill run down their spines.
"Wow! Is this some kind of overreaction? Isn't this operation a bit too high-profile?"
"I don't know what the ultimate goal of this operation is, but I do know that Ling Yun is capable of doing something like this!"
"Last night I asked some friends in Shanghai, and they said that at least twenty of his colleagues in the Shanghai financial industry are now serving their lives in jail because of him!"
The traders began to whisper among themselves, their gazes towards Ling Yun becoming somewhat complicated.
The circle of people trading crude oil futures in China is not large; there are only so many people.
The circle of traders, in particular, is even smaller.
After returning to the AVIC Hotel yesterday, many traders immediately began inquiring about Lingyun's situation.
I was shocked when I found out what I was getting into!
After learning about Ling Yun's astonishing deeds, especially the series of miracles he created, everyone no longer looks at him with the same disdain as yesterday.
Everyone's eyes held a newfound respect and curiosity, but even more so, a sense of resentment!
We are all financial elites, each with our own shoulders and one head!
Why is it that you earn billions in bonuses every month, while we only earn tens or hundreds of thousands in salary and bonuses? Do you have three heads and six arms?
Just as I was internally criticizing him, President Kong finished speaking.
He took two steps back and nodded to Lingyun with a smile.
"Xiao Ling, why don't you say a few words?"
"Okay, Mr. Kong."
Ling Yun nodded in agreement.
He then took two steps forward and smiled at the many traders present.
His gaze swept across everyone's face before he began his performance.
"We're all in the same industry to some extent, so I won't bother with formalities. I know there are definitely many people here who don't respect me or necessarily agree with my leadership style!"
"It's alright, it won't be long before I've impressed everyone with my outstanding investment results!"
He suddenly held up two fingers, his tone abruptly turning serious.
"Before the investment results are released, I only have two requirements for everyone: first, my trading instructions must be executed 100%; second, strict confidentiality is required."
"If you can't do these two things, then don't blame me for being ruthless. I'll kick you out of the joint investment team and hold you accountable..."
"what!"
Everyone was stunned and stood there dumbfounded.
Even President Kong and Secretary Zhou were taken aback, clearly not expecting Ling Yun to pull this stunt.
Before anyone could react, Ling Yun had already begun issuing instructions.
"Now I'll assign tasks to everyone to prepare for the upcoming trading."
"Based on yesterday's group assignments, Group 1, Group 2, and Group 3 will form a team primarily responsible for trading London Brent crude oil futures."
"You guys coordinate your own work hours. There are 24 hours in a day, and each group works eight hours. You must ensure that someone is monitoring the market 24 hours a day."
"Groups four, five, and six form a team, primarily responsible for trading New York WTI crude oil futures. They coordinate their own work hours and also work in three shifts."
"Seven or eight groups form a team, responsible for trading Singapore Airlines kerosene and other crude oil futures contracts, with a relatively smaller trading volume..."
Hearing his instructions, everyone gasped.
Trading 24/7 is treating us like animals! It's outrageous!
Although they were secretly alarmed, no one raised any objections!
At this moment, everyone was holding their breath, eager to see if Ling Yun was really as awesome as the legends said!
If his investment performance is indeed outstanding, everyone will be completely convinced and willing to accept it.
Conversely, it is not the case!
When that time comes, we might have to discuss whether the leader of the joint investment team should be replaced!
In addition to issuing instructions to the operators on site, Lingyun also issued relevant instructions to the teams in Hong Kong Island and Singapore via encrypted phone calls.
In an instant, the three locations joined forces, and a silent financial battle quietly began.
First, everyone forms small teams according to the instructions, and then coordinates working hours within the teams.
Then they turned on their computers and began to familiarize themselves with and study their futures accounts, as well as the trends of different crude oil futures contracts.
It was already around four o'clock in the afternoon, and I was busy with various tasks.
office.
Ling Yun leaned back in his chair, his eyes fixed on the several high-definition computer screens in front of him, studying the trends in international oil prices.
Just then, Director Xie suddenly knocked on the door and walked in, his excitement evident.
"Lingyun, the joint investment team comprised of our China Aviation Oil Investment Department, China Investment Corporation, and China International Capital Corporation (CICC) has assembled in the office area downstairs!"
"There's one more thing. Just now, Barclays announced that it suffered asset losses of up to $47 billion in the first half of the year. Should we take action against them?"
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