Chapter 270: Is Your Money Blown by the Big Wind?
Li Dayong stayed at the Fenghua Clothing Factory, but Wang Jianqiang insisted on following Li Ye.
This is overseas, after all. How could he let his brother go with others alone?
However, when they arrived at the agreed restaurant and determined that there was only Luo Runbo in the private room, he ate two mouthfuls of rice and stubbornly wanted to guard outside.
"Brother, I wouldn't understand what you're talking about anyway. I'll just wait outside."
"Qiangzi, we brothers aren't outsiders. If you guard outside, people will think you're my little brother!"
"Hehehe, aren't I your little brother!"
Wang Jianqiang chuckled honestly, but Li Ye always felt that this kid had signs of opening up, or rather, he wasn't that stupid in the first place.
After Wang Jianqiang left the private room, Luo Runbo took out a stack of documents from his briefcase.
"Mr. Li, recently, according to your entrustment, I have sold off the vast majority of the futures agreements and exchanged them into US dollars as early as possible. Now they have been remitted to your private account. This is the specific income breakdown. Please take a look."
Li Ye took the breakdown and looked at it roughly, finding that Luo Runbo had been operating in minute detail over the past six months, indeed trying his best to maximize Li Ye's income.
And the final income Li Ye obtained was also about 78 million Hong Kong dollars, which was close to 9.5 million US dollars after being exchanged into US dollars.
Li Ye put down the income breakdown and asked Luo Runbo, "How much has the Hong Kong dollar fallen against the US dollar now?"
Luo Runbo sighed and said, "It has already fallen below 1 to 8.6, and it's almost 8.7. Mr. Li, you saw it very accurately. Not only did the Hang Seng Index fall below 700 points, but even the exchange rate has fallen to the point where there is no end in sight!"
Although Luo Runbo eats this bowl of rice of financial speculation and also made a lot of money in this decline, seeing the situation in Hong Kong getting worse and worse, he was also very worried.
"Ah Bo, you are a professional. Give Mr. Li some professional reference opinions."
Pei Wencong, who was beside him, kicked Luo Runbo under the table, reminding him not to express his personal emotions in such an occasion.
Luo Runbo, this old classmate, is a person of temperament. It is good to be friends, but showing this kind of emotion in front of Li Ye makes him look very unprofessional.
Li Ye looked at Luo Runbo with interest and said with a smile, "How could it be that there is no end? Things will reverse when they reach the extreme!"
"Yes, yes, things will reverse when they reach the extreme, and things will turn around after reaching the extreme. It will definitely get better, hehehehe uh."
Pei Wencong smiled to smooth things over, but he suddenly thought of something, and his "hehe" laughter stopped abruptly.
He looked at Li Ye hesitantly and then asked carefully, "Mr. Li, when do you think it will reach the end?"
"Maybe soon!" Li Ye glanced at Pei Wencong and said with a faint smile to Luo Runbo, "Mr. Luo, when it falls another 10%, help me open the largest leverage and buy Hong Kong dollars."
"Buy Hong Kong dollars? Largest leverage? Mr. Li isn't joking, right? My largest leverage here is 100 times."
Luo Runbo exclaimed in surprise.
The situation in Hong Kong is very bad now. It's not just that the exchange market is sluggish. A large number of citizens have lost confidence in the Hong Kong dollar and have begun to exchange their savings into foreign currency.
This has led some banks to stop the business of exchanging Hong Kong dollars for foreign currency, and some individual merchants have even put up signs refusing to accept Hong Kong dollars for some special commodities.
And now Li Ye actually wants to buy Hong Kong dollars against the trend and use high leverage. How does this look like "courting death"?
You have to know that when Li Ye speculated on the Hang Seng Index, he was "going with the trend."
At that time, the Hang Seng Index had already fallen for a long time, and everyone in the market thought the Hang Seng Index would fall, but they didn't expect it to fall so hard, all the way to below 700 points.
But this is like the stock market being numb from falling. When everyone has no confidence, no one thinks there is light ahead, and everyone thinks it is a bottomless abyss.
But now Li Ye is actually "bullish" on the exchange market, and he is so determined. This is really incomprehensible.
However, with a professional attitude, Luo Runbo still asked, "Then Mr. Li, how much principal are you prepared to invest?"
Li Ye said calmly, "Help me go all-in! Just tell me after you buy it."
Are you playing mahjong on the street? You don't care about one or two yuan?
It wasn't just Luo Runbo who was shocked, but also Pei Wencong.
However, he reacted quickly and asked Li Ye, suppressing the excitement in his heart: "Mr. Li, do you... have any news?"
Li Ye smiled and said, "What news could I have? I'm just analyzing the economy. Of course, you can also think I'm a gambler speculating."
Pei Wencong and Luo Runbo were speechless.
If you want to say Li Ye is a madman, he just completed a big deal, obtaining tens of millions of profits with a principal of less than a million.
But if you want to say Li Ye is an "economist," this is too outrageous.
Which economist would predict the turning point of the exchange market so accurately? You have to know that under the condition of using leverage, as long as it fluctuates by a few cents, Li Ye's principal of nearly 10 million US dollars would be gone.
10 million US dollars in '83 is really a lot of money!
"Okay! Mr. Li, you are the client, so you have the final say. However, I must remind you one more time that in this futures market, risk and harvest are not necessarily equal."
Luo Runbo gave Li Ye the last safety warning.
But Li Ye smiled gently and said, "I know, sorry to trouble you, Mr. Luo."
Of course, Li Ye knows that risk and harvest are not equal, but for others, risk is far greater than harvest, and for him, there is only harvest, no risk.
The exchange rate of the Hong Kong dollar to the US dollar will fall to a historical low of 1 to 9.6 in '83, and it is now close to 8.7. If it falls another 10%, it will exceed 9.55. If you don't take action, there will be no chance.
And in just one month, the exchange rate will return to 1:7.8. As long as the leverage is appropriate, Li Ye will earn his first "small goal" after crossing over.
And it is denominated in US dollars.
After the decision, it was a series of procedures signed. Luo Runbo signed a very rigorous entrustment agreement with Li Ye. It wasn't until Li Ye signed the last word that he sighed long.
"Mr. Li, you are the youngest, boldest, and most excellent individual investor I have ever seen. I hope your judgment this time is also correct."
Li Ye put down his signature pen and smiled, "Why, Mr. Luo isn't joining me this time?"
Luo Runbo's office had moved from a narrow alley to a spacious office building, and he had also started driving a brand-new car, so Li Ye guessed that he had followed his "trend" when speculating on the Hang Seng Index.
Luo Runbo shook his head with a wry smile: "I'm not afraid of Mr. Li laughing at me, but I'm old and afraid of losing everything I just gained again, and even more afraid of... losing confidence."
Li Ye seemed to understand the reason why Luo Runbo had repeatedly tried to dissuade him just now.
If a young and vigorous genius suddenly suffers a fatal setback, he might die young.
It must be said that Luo Runbo is really a human-touch trader, although he is not professional enough in some aspects.
"Thank you, Mr. Luo. Shall we have dinner together in the evening?"
"No, no, I have to seize the time to prepare for Mr. Li's affairs. Tomorrow or the day after, I will treat Mr. Li to a meal."
"That's good, goodbye."
Li Ye turned and left with a smile, heading to the Treading Waves Literary Publishing House with Pei Wencong.
He came to Hong Kong this time mainly for two things. One was to realize his small goal, and the other was about "A Song of Ice and Fire."
"A Song of Ice and Fire" ended its first round of selection two months ago and entered the market trial stage of the second round, which was about to reveal the final result.
Although the income of this book couldn't compare to the exciting speculative gameplay of futures, it also had its own advantages.
One is that the income is long-term, and future publishing, adaptations, peripherals, etc., all have infinite possibilities.
The second is that this money is earned "brightly and uprightly," which can put a protective coat on oneself.
What's more, Watching Wen Leyu occasionally criticizes Li Ye for being too wasteful, although she hasn't had the idea of limiting his pocket money yet, but this can't go on.
Simply, I'll show you what is called a sky-high manuscript fee. Three-one-thirty-one, and I'll take Teacher Ke along with me.
Watching Wen Leyu, you are already a little rich woman with millions. If I spend a little money, you won't criticize me for being wasteful, right?
After arriving at the publishing house, Pei Wencong let Ah Min enthusiastically entertain Li Ye and Wang Jianqiang, arranging red wine and tea snacks, and handed over several of the best-performing translation drafts to Li Ye for research.
Then, Pei Wencong quietly retreated to his office, busy calling Luo Runbo.
"Hey, Ah Bo, how much money do I still have in the investment account with you? What? How come there are only four million?"
"Ah Cong! You just withdrew two million US dollars last month, the month before last..."
"Alright, alright, alright, I know. You put all the money into the exchange market, just follow Mr. Li's plan."
"..."
There was silence on the other end of the phone for a long time, and then Luo Runbo's roar sounded: "Do you guys not believe me? Do you guys think I'm not professional? Such a big risk... is your money blown by the big wind?"
Pei Wencong took the receiver further away, and after Luo Runbo calmed down, he put his ear to it again.
"Ah Bo, isn't our money blown by the big wind? Didn't you also earn over a million by following the wind?"
"..."
"Believe me, Ah Bo, following the right wind is very important."
"..."
"Ah Cong, tell me the truth, who exactly is that Li Ye?"
"I don't know, but Ah Qiang went to the capital of the Central Plains a few months ago and told me some things after he came back. I always feel that he is not simple."
"I f*** your mother, I knew you guys had inside information, I knew it, you good Ah Cong actually hid it from me..."
Across the phone, Pei Wencong could imagine Luo Runbo, who was turning around in anger at the moment.
"Alright, I'll bet my coffin board too. If... I'll go live in your mountaintop mansion."
"Dudu dudu~"
Luo Runbo hung up the phone.
And Pei Wencong sat on the boss chair and turned around, saying with some regret: "Can't be too greedy, contentment brings happiness."
Pei Wencong wasn't afraid of losing those four million US dollars, but regretted that he had misappropriated too much capital some time ago.
When the Hang Seng Index fell below 800 points, he took a fancy to the mansion on Victoria Peak, so he settled some futures in advance, which led to not eating the subsequent income.
Then when he had money, various impulsive consumption appeared, such as buying a BMW for his sister, and buying a building in Central, all of which spent a lot of capital.
As a result, he found that Li Ye took action again, but he didn't have enough principal to follow the trend.
Last time he followed Li Ye to speculate on the Hang Seng Index, he only invested 10,000 Hong Kong dollars less than Li Ye!
But this time, he was less than half, and he fell behind all of a sudden.
(End of chapter) ===== CHAPTER 271 =====
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