Rebirth of the Hong Kong Millennium Conglomerate
Chapter 57 Oil Crisis
In the conference room of Qian Gu Securities, twenty-seven traders sat upright in their chairs, each with a different expression. Some had furrowed brows, while others had trembling fingertips. Clearly, they had not yet fully digested Zhang Zeyang's bombshell plan to "short the Hong Kong stock market."
Su Qing stood at one end of the conference table, her gaze sweeping over every face, and said in a gentle voice, "Everyone, please call your families here and explain the situation clearly. Starting today, we will be operating in closed-loop management for several months to a year, during which time we cannot have any contact with the outside world."
As soon as he finished speaking, the traders in the conference room showed a complex expression.
Most of them are people with elderly parents and young children to care for. Suddenly being isolated from the world for several months inevitably evokes mixed feelings in them.
The middle-aged trader was the first to pick up the phone on the table and dial his home number.
His wife's gentle voice came from the other end of the phone. He spoke in a very low voice: "Honey, the company has some tasks. I'll be working in a closed environment for the next few months, eating and sleeping at the company. Don't worry about me... Please take care of things at home. If anything happens, you can contact the company..."
His voice gradually lowered, carrying a hint of barely perceptible guilt.
Then, the others also picked up their phones. Some told their families to take care of themselves, some told them about household chores, and others simply said they were safe.
Su Qing watched this scene quietly without saying a word.
About half an hour later, the last trader hung up the phone. Everyone stood up and looked at Su Qing.
"Manager Su, we've already explained everything."
Su Qing nodded and said, "Okay, now that everyone is ready, let's go."
She stepped out of the conference room first, followed closely by 27 traders.
The group drove straight to the Hong Kong Stock Exchange. By then, the entrance to the exchange was already bustling with people, a cacophony of shouts, chatter, and announcements from electronic screens.
Countless investors crowded at the entrance, craning their necks to stare at the constantly fluctuating numbers, their faces filled with fervor.
Su Qing led the traders straight to the exchange's VIP entrance.
The security guards at the entrance had already been notified and immediately and respectfully let them through.
After passing through the bustling retail trading hall, they arrived at a secluded area deep within the exchange.
This used to be a large, unused conference room, but it has now been completely renovated.
Dozens of brand-new trading terminals were neatly arranged, and huge monitors hung on the wall, displaying the Hang Seng Index and the trends of various stocks.
"From today onwards, this will be our operations room. From now on, everyone's meals and lodging will all be taken care of here. No one is allowed to leave without my orders."
The traders looked around but said nothing. They all understood that this closed-loop operation was to ensure the secrecy of the plan to the greatest extent possible, so they naturally had no objections.
Just then, a series of orderly footsteps echoed from the end of the corridor. A team of security personnel in black suits, with impeccable postures, entered. Leading them was a burly man with a stern expression. He walked directly to Su Qing and said, "Manager Su, we are the security team transferred from the company, ordered to be responsible for the security here. From now on, no unauthorized personnel are allowed to approach within a ten-meter radius of the operations room."
Su Qing nodded: "Thank you all for your hard work."
Security personnel immediately dispersed, some guarding the entrance, some patrolling the corridor, and others beginning to check the doors, windows, and surveillance equipment in the operations room.
After arranging everything, Su Qing stood in the center of the operations room, looked at everyone in front of her, and said, "Everyone, you must unconditionally obey my orders from now on."
"clear!"
Meanwhile, Zhang Zeyang had already driven away from the stock exchange and headed towards Qian Gu Bank.
Next, he plans to orchestrate the impending global oil crisis.
At that moment, countless fragments of memories about the 1973 oil crisis flashed through his mind.
He clearly remembers that in October 1973, the Yom Kippur War broke out, and Arab countries resolutely imposed an oil embargo on the West in retaliation for Western support of Israel.
This ban caused the price of crude oil, which was originally only $3 per barrel, to skyrocket, breaking through the $10 mark and finally settling at an astonishing $11.65.
The surge in oil prices directly triggered a global economic recession.
Factories across the United States have shut down, long lines of cars have formed, and queues at gas stations stretch for miles.
Japan's manufacturing industry suffered a severe blow, with countless companies going bankrupt and the economic growth rate plummeting.
Europe was in a state of despair, with its industrial system nearly paralyzed, and the golden age of economic prosperity that had lasted for more than two decades after the war came to an abrupt end.
What was a disaster for others was a once-in-a-lifetime opportunity for Zhang Zeyang.
Before long, the car slowly came to a stop in front of the Qian Gu Bank.
Zhang Zeyang pushed open the car door and strode inside.
The bank lobby was bustling with people, and employees in sharp suits were busy moving around, with the sounds of money counting machines rising and falling.
As soon as Zhang Zeyang entered, he caught the attention of the lobby manager.
The lobby manager immediately rushed over, his face beaming with a respectful smile: "Sir, what business do you need?"
Zhang Zeyang nodded and said, "I need to see your General Manager Li; I have something important to discuss."
Do you have an appointment?
"No, just say Zhang Zeyang came to see him!"
"Okay! I'll contact them for you!"
The lobby manager quickly made a call to the general manager's office, and after receiving confirmation, he came to Zhang Zeyang and said, "The general manager is in his office. I'll take you up there right away."
The lobby manager stepped aside and led Zhang Zeyang toward the elevator.
The elevator doors opened with a "ding," and the lobby manager led Zhang Zeyang to the door of the general manager's office.
She knocked gently on the door, and a loud voice came from inside: "Come in."
The moment the door opened, the man was sitting behind his desk reviewing documents; he was Li Bin, the general manager of Qiangu Bank.
Upon seeing Zhang Zeyang walk in, Li Bin immediately stood up, a look of surprise on his face.
"Mr. Zhang, you've arrived!" Li Bin strode forward and warmly shook Zhang Zeyang's hand.
The lobby manager tactfully withdrew and gently closed the door. Only the two of them remained in the office, and the atmosphere instantly became serious.
Zhang Zeyang didn't beat around the bush. He sat down on the sofa, looked directly at Li Bin, and said bluntly, "Manager Li, I've come to see you today because I have something for the bank to do."
Upon hearing this, a hint of curiosity flashed in Li Bin's eyes. "Alright, is there anything you need?"
"I want you to allocate funds to buy large quantities of crude oil futures contracts in the futures markets of Europe and America."
"Crude oil futures?" Li Bin was taken aback. "But Mr. Ke, the price of crude oil is very stable right now, only $3 per barrel. Investing in futures doesn't offer much profit potential."
He looked at Zhang Zeyang with some confusion. He knew that although the volatility of crude oil futures was not small, there were no obvious arbitrage opportunities in the current market environment.
Zhang Zeyang shook his head and said, "I've received information that crude oil prices will soon experience an unprecedented surge. We must complete our position building before October 1973 and begin closing out our positions when oil prices reach $10 per barrel."
Upon hearing this, Li Bin's pupils suddenly contracted. Looking into Zhang Zeyang's resolute eyes, a storm raged within him.
Although he didn't know the source of Zhang Zeyang's information, since Zhang Zeyang said so, he had to carry it out.
After a moment of silence, Li Bin said, "Okay! I'll arrange the relevant matters immediately."
He stood up, walked to his desk, picked up the phone, and said, "I'll convene a meeting with the risk control and investment departments right now to formulate a plan, allocate funds, and go all out to buy crude oil futures contracts!"
Zhang Zeyang nodded in satisfaction as he watched Li Bin's decisive and efficient manner.
"Next, you need to follow up carefully. Also, Qian Gu Securities and the group headquarters will be allocating a large amount of funds, so you need to make proper arrangements!"
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