Returning to his senior year of high school, he went all in and made billions by buying at the botto

Zhao Qiang used the QDII quota misappropriated by Wang Dong of Jiuding and the channel of domestic guarantee for overseas loans to transfer 200 million RMB from his account at Huaguo Bank overseas. In 2014, when the State Administration of Foreign Exchange was strictly guarding against such activities, this was already a huge feat.

However, when converted using the exchange rate of around 6.15 at the end of 2014, the 200 million RMB actually amounted to 32.5 million USD in the independent offshore trust accounts of Hang Seng Overseas and Merrill Lynch.

Chen Mo's slender fingers flew across the keyboard, issuing several commands and quickly opening the trading interface for WTI crude oil futures.

His account now has a maximum leverage of 10x, which, with a base position of $3.25 million, is enough to leverage up to $325 million (approximately 2 billion RMB) in nominal assets.

In the New York Mercantile Exchange (NYMEX), where daily trading volumes often reach tens of billions of US dollars, this substantial amount of money is just hovering around the golden equilibrium line and will not attract much attention.

At this time, the international crude oil market is engaged in an extremely fierce tug-of-war between bulls and bears around the $80 mark.

With OPEC's upcoming production meeting, the market is filled with misinformation.

Bulls generally believe that Saudi Arabia would never tolerate oil prices falling below $80 in order to maintain fiscal balance, and are frantically buying on the left side of the price chart.

Converted at an exchange rate of around 6.15 at the end of 2014, the 200 million RMB deposited in the independent offshore trust accounts of Hang Seng Overseas and Merrill Lynch was actually equivalent to 32.5 million USD.

"Over thirty million US dollars, the pool is a bit small, but it's enough."

Chen Mo leaned back in his chair, his fingertips tapping rhythmically on the table.

"Merrill Lynch's overseas trading account opened a short position in the WTI crude oil 1501 main contract. 10x leverage, full short position added."

As his slender fingers pressed the Enter key on the terminal, the Merrill Lynch overseas trading channel was instantly activated.

The green waterfall on the screen began to refresh rapidly at millisecond speeds.

Merrill Lynch's multi-million dollar Iceberg Algorithm began to work its magic, automatically breaking down Chen Mo's nominal short position, worth $3.25 million, into tens of thousands of smaller orders of a few lots or a dozen lots, which then secretly entered the market through dozens of different dark pools around the world.

"Sell, 10 lots... Sell, 50 lots... Sell, 25 lots..."

It was the morning of Eastern Time, and trading was extremely active in New York.

The buying pressure from the bulls was like a bottomless pit of greed. Every short position Chen Mo threw out was instantly devoured by those bullish hedge funds who thought they had bought at the bottom.

For a full two and a half hours, Chen Mo sat quietly in his bedroom on the 35th floor of the Yujintai apartment, staring intently at the K-line that was fluctuating wildly around the $80 mark.

The risk defense line built with 10x leverage is extremely solid. No matter how the bulls frantically counterattack and twist during the trading session, his position remains as stable as a mountain.

Until 1:45 a.m.

On the open positions page of the independent encrypted account, all pending orders have been executed.

Average price: $80.15. Total open interest: 4050 lots (approximately 40.5 barrels of WTI crude oil futures contracts).

Chen Mo closed his laptop, slowly stood up, walked to the French windows, and opened the blackout curtains a crack.

The night in Kyoto was deep, and the traffic on the streets was sparse, but the neon lights of the Guomao business district in the distance were still flashing.

He knew very well that in a week, when the results of the OPEC meeting in Vienna on November 28 were announced, the whole world would tremble when Saudi Arabia flipped the table.

Oil prices are expected to plummet by more than 10% in a single day, plunging all the way to $66.15.

By then, this 200 million RMB that came from across the sea will generate an astonishing windfall!

"call--"

Chen Mo exhaled a breath of stale air and rubbed his throbbing temples.

The day's hard work and high-intensity, high-frequency cross-border operations left this 18-year-old body feeling somewhat exhausted.

He casually pulled the blanket over himself, and without even taking off his clothes, he closed his eyes and fell into a deep sleep.

The next morning, the Kyoto morning sunlight streamed into the bedroom through the gaps in the curtains.

Chen Mo opened his eyes at eight o'clock sharp. Although he was still a little tired, his spirits had fully recovered.

The first thing he did after sitting up was to grab his phone and dial the number of his uncle Chen Liping, who lived in the provincial capital.

He had previously told his parents a lie. Although his uncle had covered for him, he had to make sure his story was completely consistent before his parents went to the provincial capital to visit or the lie was exposed.

The phone rang three times before being answered quickly, with Chen Liping's somewhat noisy background noise coming from the other end:

"Hey, Xiao Mo! You finally called your uncle. My sister-in-law kept nagging me last night about being number one in the province and all that closed-door training, it got me totally confused. I'm wondering what you're up to. Where are you now? Are you really in the provincial capital?"

Chen Mo leaned against the headboard, smiled, and relaxed his tone: "Uncle, thanks for last night. I'm not in the provincial capital right now, I'm in Beijing taking care of some personal business. You have to make sure you stick to the story I told my parents."

"You went to Kyoto?!" Chen Liping's voice suddenly rose a few decibels, then lowered again, his expression somewhat serious. "Xiao Mo, tell your uncle the truth, what exactly have you been up to lately? Your sister-in-law said you got first place in the province, and your uncle is genuinely happy for you. But you suddenly skipped class and ran off to Kyoto, using me as a shield. What if you delay your college entrance exam or go astray? How am I supposed to explain this to your parents?"

Holding his phone, Chen Mo felt a warmth rise in his heart.

"Uncle, don't worry, I'm on the right path, and it definitely won't affect my studies." Chen Mo's tone was calm. "As for the college entrance exam, although I wouldn't dare say I'll be the top scorer, I'm fully confident I'll get into Tsinghua or Peking University next June. Right now, I'm doing some long-term investment internships with a few industry leaders to broaden my horizons. After the college entrance exam next year, I'll choose a suitable time to explain to you and Mom and Dad in person."

There was a long silence on the other end of the phone. Chen Liping sighed. He could sense that his nephew on the other end of the phone seemed to have changed, becoming more composed and experienced than him, a middle-aged man who had been struggling in the business world.

"Alright, you've always been decisive. Since you promised your uncle you wouldn't neglect your studies, I'll cover for you with this lie." Chen Liping chuckled and scolded on the other end of the phone. "But you better watch your step. If you need money, just ask your uncle. If your sister-in-law checks up on you, I'm ready to vouch for you."

"Don't worry, Uncle. If your company encounters any business or financial difficulties recently, feel free to let me know. I'll give you a surprise in a while."

"Come on, did you win the lottery again? Alright, I'm not going to argue with you anymore. The client's here; you'd better watch yourself in Kyoto!"

Chen Mo remained silent, then hung up the phone, changed into a clean and neat black outfit, and left Yujintai after a quick wash.

For the next three days, Chen Mo stayed at Taichu Investment in the Wealth Center to oversee the project. After all, it was Taichu's first private equity product, so he had to pay close attention to it.

Under Zhao Qiang's personal supervision, more than 20 top traders are buying up A-shares in accordance with Chen Mo's instructions.

In the stock accumulation channels of CITIC Securities, CRRC, and Eastmoney, tens of millions of yuan are poured in every day, broken down into smaller amounts.

Chen Mo sat in his private office, watching the entire stock market construction process proceed smoothly through the all-around monitoring screen.

He can confidently withdraw once the initial position building of Taichu No. 1 with its 2 billion yuan is completed and the risk of the bottom position is locked in.

On the afternoon of the third day, the market had just pulled up its last intraday price chart.

The phone on Chen Mo's desk suddenly started vibrating violently.

Mr. Xu from Zexi Investment.

Chen Mo raised an eyebrow and pressed the answer button: "Mr. Xu, good afternoon. Your risk control team should have seen the daily report on today's position building progress for Taichu No. 1, right?"

"Haha, Mr. Chen! I read the daily report. Chairman Wang of Jiuding was just on the phone with me, saying that your algorithmic order splitting method is even more artistic than those quantitative traders on Wall Street. You poured 20 billion yuan into it, and it didn't even distort the market's turnover rate curve. I admire you, I really admire you!"

On the other end of the phone, Mr. Xu's laughter came through, then his tone changed, becoming somewhat warmer: "I heard from people in Kyoto that Mr. Chen came to Beijing in person to oversee things? What, you've come all the way to the north and didn't even let me know? How about we get together tonight? I've arranged a private gathering at the China World Trade Center. Several directors from Jiuding will be there too. How about we join us for a casual meal?"

Faced with the personal invitation from this top domestic private equity tycoon, Chen Mo remained calm, not even raising his eyelids, casually twirling the pen in his hand, and politely declined:

"I appreciate Mr. Xu's kindness. However, the company has just started operations, and I need to personally oversee several risk control measures for the fund. There will be plenty of opportunities for gatherings in the future."

"Oh?" Mr. Xu paused on the other end of the phone, clearly not expecting Chen Mo to refuse so decisively. However, he wasn't angry; instead, he laughed heartily. "Mr. Chen, you truly are a man of great things. Such composure—no wonder you were able to bring us such a huge sum. But you've come all this way to Kyoto and haven't even had a meal with us. It makes it seem like Mr. Xu and Chairman Wang don't understand hospitality."

Chen Mo slowly leaned back in his chair and said:

"Mr. Xu, it's too early to have this meal now. I'll be waiting for you and Chairman Wang to host a banquet for me on the banks of the Huangpu River in Shanghai a year from now, at the Taichu No. 1 Fund liquidation celebration banquet."

Upon hearing Chen Mo's arrogant words, Mr. Xu on the other end of the phone paused slightly in his breath.

"Hahaha! Great! What a celebration banquet a year from now!" President Xu loved Chen Mo's absolute confidence. "President Chen, I'll be in Shanghai then, waiting to drink your celebratory wine! If you need anything in Beijing, just have Zhao Qiang ask my people to take care of it. Anyone who dares to disrespect Taichu is disrespecting me, Old Xu!"

"Thank you, Mr. Xu. I won't let you down."

Chen Mo hung up the phone calmly.

At this moment, Zhao Qiang knocked on the office door.