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Chapter 1095: Skyrocketing Raw Sugar Futures

~7 min read 1,392 words

Wu Chao was not good with words, especially when dealing with someone as overly enthusiastic as Deng Jin Hui, and he felt completely uncomfortable.

"Liang Zai told me everything. If it weren't for meeting a noble person like you, he would definitely have starved to death on the streets of Xiangjiang. I have a life-and-death friendship with Liang Zai. You are his savior, which means you are my savior. I toast to you, wishing you prosperous business and abundant financial resources."

Wu Chao held the beer bottle and gulped down the whole bottle in one go.

"Great drinking capacity." Deng Jin Hui shouted 'good'. "Stop calling me Boss Deng, Boss Deng; that's too distant. You call me Big Brother Deng, and I'll call you Little Brother Wu. That's much closer."

"Then I'll be bold and call you Big Brother Deng." Wu Chao picked up another bottle of wine. "Big Brother Deng, I have things to do, so this is the last toast."

Deng Jin Hui said helplessly, "You and Liang Zai haven't seen each other for so many years. Even if you don't talk all night, you have to catch up properly."

Wu Chao smiled and said, "I won't be leaving Xiangjiang for the time being. Once I finish my business, catching up with him every day won't be a problem."

"Fine!" Deng Jin Hui didn't try to keep him anymore. "Business is important. If you encounter difficulties, come find Big Brother Deng. As long as I can help, I absolutely won't refuse."

"I'll remember Big Brother Deng's words." Wu Chao drank the wine in one go. "If I really encounter difficulties, I'll definitely come find you. Don't push me away when the time comes."

Deng Jin Hui laughed loudly and stood up to see Wu Chao out of the nightclub.

"If you want to stay in Xiangjiang, I can help you get identification. If you can't find a good job, you can come here like Liang Zai."

Wu Chao nodded with a smile, said goodbye to Chen Bingliang again, and got into a taxi on the side of the road.

Watching the taxi leave, Deng Jin Hui turned back. "Let's go back."

The two returned to their seats, and Deng Jin Hui personally opened a bottle of wine for Chen Bingliang again.

"The Vietnamese monkeys opened a nightclub across the street, and it has quite an impact on our business."

Chen Bingliang's hand holding the wine bottle paused, but it returned to normal in an instant.

"The Vietnamese gang isn't easy to deal with. Clearing out the nightclub across the street isn't difficult, but we'll have a hard time defending against their retaliation."

Deng Jin Hui took out an exquisite cigar tube from his pocket, opened it, and took out half a cigar.

A burly man in a suit behind him quickly took out sulfur-free wooden matches from his pocket.

These were special matches for cigars. After striking one, the burly man lit the cigar for Deng Jin Hui.

Taking a puff, Deng Jin Hui leaned back against the sofa very comfortably.

"I've already talked to 'Four-Eyed Xi' of the 14K. You are responsible for clearing out the nightclub across the street, and the rest of the Vietnamese monkeys' territory will be handled by the 14K."

Chen Bingliang's brow furrowed imperceptibly. Deng Jin Hui was connected in both black and white circles and had dealings with many Xiangjiang officials. As for the underworld, he was closest to the Sun Yee On.

For such a matter, if they were to cooperate, they should be looking for the Sun Yee On. How could he be looking for the 14K? And he had never heard that Deng Jin Hui had any relationship with the 14K.

He thought what he thought, but said without any hesitation, "Good, I'll arrange it as soon as possible."

Deng Jin Hui was very satisfied with Chen Bingliang's attitude. "Those Vietnamese monkeys are all desperate people. Let me know when you're going to act so I can notify Four-Eyed Xi."

Chen Bingliang nodded, feeling a bit puzzled. The Vietnamese gang opening a nightclub across the street did have an impact on Dalaohui's business, but not much. There was absolutely no need to make an enemy of the Vietnamese gang.

More importantly, the 14K and the Vietnamese gang had always minded their own business. How much of a price did Deng Jin Hui have to pay to get Four-Eyed Xi to help?

In his view, the price paid must be unimaginable, while the return was not proportional, and they also had to make an enemy of the Vietnamese gang. This was absolutely not something the usually shrewd Deng Jin Hui would do.

In the end, he didn't figure out why Deng Jin Hui wanted to do this, but since he couldn't figure it out, he stopped thinking about it. Anyway, he was also going to leave Xiangjiang, so even if the Vietnamese gang retaliated, they wouldn't find him.

………………

November 5, 1993, the 22nd day of the ninth lunar month, Friday!

News of China's shortage of raw sugar had spread everywhere, and the whole world knew it.

At the Hong Kong Stock Exchange, as soon as the market opened in the morning, a large number of investors were waving banknotes to buy raw sugar futures.

In just one hour, it rose by 0.38 pounds, an increase of 4.85%.

Not just Xiangjiang, but the British futures market, the New York futures market, countless investors were frantically buying raw sugar futures, and even the Paris white sugar futures were skyrocketing. The international raw sugar futures price soared all the way, faster than a rocket.

At Qiudongfang Financial Company, more than a dozen people were sitting in front of computers, tapping on keyboards. As long as they posted an order, it would be swept away instantly.

Zhou Andong and Seeing Jian Qiu stood behind a computer with their hands behind their backs, looking at the rising curve. Huang Haide stood beside them, his expression very serious.

"The rise is too fast, completely beyond my expectations. It's very dangerous."

Yuan Wanqi said in a deep voice, "What are your thoughts?"

"This rise is very abnormal. I suspect there is a market maker pulling the position; it is very likely a short-seller luring long-sellers."

Huang Haide's expression became even more solemn. "If we want to sell off smoothly, it's definitely too late."

"Boss!" A young man shouted at this moment: "It has already risen by 0.79 pounds. This is too abnormal."

Immediately after, a girl shouted: "It has risen by 0.92 pounds."

Yuan Wanqi's expression also became solemn. She turned to look at Zhou Andong and saw that Zhou Andong's expression was very calm, which made her somewhat suppressed mood suddenly relax a lot.

"Boss..."

Before she could finish her sentence, Zhou Andong waved his hand to interrupt: "You are the professionals; you decide what to do."

In an instant, except for the clattering of keyboards, there was no more sound. The atmosphere was very oppressive.

After a long while, Huang Haide finally broke the somewhat oppressive atmosphere.

"I have an idea: close the position, then go short, but it's very risky..."

"Ding ling..."

The urgent ringing of the phone suddenly sounded, interrupting Huang Haide's words.

Yuan Wanqi grabbed the phone on the desk next to her, and Alice's voice came from inside.

"This is Alice. Is the boss there?"

"Yes!" Yuan Wanqi knew that the boss Alice was looking for was Seeing Jian Qiu: "Chairman Jian, it's Alice."

Seeing Jian Qiu took the phone: "Alice, what is it?"

Alice said in a deep voice: "Sugar is rising too fast. This is very abnormal. I suspect there is a market maker leaving a base position to pull up, luring long-sellers."

A smile appeared on Seeing Jian Qiu's face. She really hadn't misjudged Alice; it was the same prediction as Huang Haide's.

"Do you have any thoughts?"

Alice said: "We started laying out more than a month ago, building positions at the bottom. Although the profit hasn't reached expectations, a one-fold return is no problem.

So, since there is short-selling luring long-sellers, then we close the position, and then go short in reverse. We will definitely earn more."

Seeing Jian Qiu glanced at Huang Haide: "You should chat with Director Huang of Qiudongfang." ===== CHAPTER 1096 =====

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