“Every tael sold above HKD 345.2!”
Two days later in the morning, Lee Shau Kee decisively called Ah Hao to sell the gold in his hand.
In this wave of market conditions, the price per tael has increased by nearly 15 Hong Kong dollars. In addition, Omen Gold has entered Hong Kong and is about to cash out, so Lee Shau Kee decided to issue the order.
Although it may still rise, he cannot be greedy.
Just as the boss told him: the price of gold will definitely rise to more than 600 yuan per tael in a year and a half, so the Yangtze River Bank does not need to be too aggressive. During the monthly transactions, try to achieve a success rate of 70%, so it is possible that the final principal of 500,000 Hong Kong dollars will be turned into 1.5 million. Don’t use too much leverage, and keep the total amount of each transaction between 500,000 and 1 million Hong Kong dollars.
Li Shauji felt that his boss Lin Zhichao was good at layout, while he thought he was good at paying attention to details;
Therefore, if the two of them work together, there is much to be achieved.
Assuming he earns 1 million, he will have a bonus of HK$60,000 (settled quarterly). Coupled with his own investment funds and salary, Lee Shau Kee feels that he can have a 'start-up capital' in one or two years, and it is very sufficient. .
Thinking of this, Lee Shau Kee smiled and then waited patiently for a call from the Gold and Silver Trading Center.
Gold and silver trading ground.
After receiving the order, Ah Hao immediately and intelligently squeezed into the crowd. At this time, a gold trader in the middle of the patio, representing a gold dealer in the magic capital, issued a 'buy' signal, and the price was HK$345.3.
Ah Hao looked around and found that everyone's reaction was average (gold was skyrocketing). He originally planned to wait for a higher price to sell; but considering that shopkeeper Li's order could not be objected, he quickly squeezed into the middle of the patio.
The gold dealer quickly clapped 2 hands, indicating that he wanted 2 lots of Yangtze River Silver, and then clapped 2 hands each of the other three people who came forward, asking for 8 lots of gold in total; then the five people exited the middle of the patio, and everyone first registered in their notebooks. Transaction information, and then you can go to the registration department to register immediately, or you can register again at noon, depending on your preference.
Next, it seemed that the gold merchants in the Magic City had already taken advantage of the situation and had a strong desire to buy, so Ah Hao quickly sold all 18 lots of gold at an average price of HK$345.5.
"Shopkeeper Li, all the gold in his hands has been sold out!"
“What are the prices on the floor?”
"Still rising!"
"Well... sell short 5 lots to test the waters!"
Lee Shau Kee put down the phone. Just now, he short-sold 5 lots, but he actually did not own 5 lots of gold.
But he is not in a hurry. He has made a lot of profits before, and selling short now is just taking advantage of the trend to make more.
He is sure that the price of gold will fall back, so he sells 5 lots now and buys 5 lots at a low price later, and he can make a profit (delivery will be done in 3 days. If there is buying and selling during the period, the delivery time will be recalculated).
Other telephone lines.
"Boss, the price has reached 345.5 Hong Kong dollars. Yangtze River Silver has just sold more than 20 lots, making a huge profit!"
"We also sold the gold we have, don't wait any longer!"
"good"
Some gold traders reported the situation to the other end of the phone line, and the scene was busy.
As the Yangtze River Bank sold its gold, it seemed that Guangdong businessmen began to sell their gold, while Shanghai businessmen reacted much slower and continued to absorb it.
In terms of financial strength, gold merchants from Shanghai are better, but they don't know that they have fallen into a trap - people from Guangdong Province smuggled cheap gold through Macau and cashed in while taking advantage of the high prices. And this wave of small peaks was caused by everyone's tacit understanding.
Gold dealers from Guangdong chose physical gold delivery one after another and stopped buying, so the price naturally fell quickly.
During this period, Lee Shau Kee short-sold 5 lots again, totaling 10 short-selling lots.
For a time, Yangtze Bank began to become a 'star member', because with tens of thousands or hundreds of thousands of dollars spent, he was considered a high roller.
.......
Lin Zhichao came to the Yangtze River Bank and heard good news. Lee Shau-kee won the first battle and made a profit of more than 30,000 Hong Kong dollars.
"Okay, it seems that you, Zhao Kee, are indeed a master at this. But don't be proud. You must know that a arrogant soldier will be defeated. The way to get rich is to be steady and steady." Although the two are the same age, Lin Zhichao is more successful than him after all, and He is his boss, so of course he can say so.
Li Zhaoji immediately said sincerely: "Okay boss. Of course, the first contribution to this victory is the information you gave everyone, boss. I don't dare to take credit."
In his opinion, by keeping an eye on Hang Seng and Chao Shang, he is keeping an eye on the market trend; and based on some information he has obtained, he can make steady progress and make more money.
Lin Zhichao said with a smile: "It must be your first success. I gave you a rough idea. You can retreat in time, which shows that you have very good observation skills and good character."
After the two chatted for a while, Lin Zhichao suddenly said: "I found out a piece of news. Chaoshang has a wireless shortwave radio station. One side is located on various smuggling ships, and there is a headquarters in Hong Kong. All members of Chaoshang can connect to it." This station, get information from it.”
Li Zhaoji was dumbfounded. There were so many tricks these people played with their feelings.
"You are so powerful! But we are also Cantonese businessmen. No one will deliberately set a trap for us, and we know ourselves and the enemy. As long as we observe the subtleties, we will definitely be able to go smoothly." Li Shauji said with confidence.
In his opinion, according to Lin Zhichao, Hang Seng Bank and Chaozhou Gold Merchants are the weather vanes. As long as he keeps an eye on them, he will win more and lose less.
Then the two discussed the timing of buying, and agreed that the timing of buying would be one day later. That is, the smuggled gold was almost cashed out, and it was an opportunity. The price of gold was expected to be around 335 Hong Kong dollars.
Originally, the further it fell to that level, the more cautious everyone became. But for Yangtze River Bank, it is a good opportunity.
The simplest reason is that Lin Zhichao predicts that gold will rise to more than 650 Hong Kong dollars per tael, and that gold in the mainland will skyrocket. Under these circumstances, naturally selling high and buying low is success.
.......
The Yangtze River Bank won its first battle in the gold and silver trading market, making a small profit of more than 30,000 Hong Kong dollars. In fact, it did not cause much splash. After all, the daily transactions in the gold and silver trading market are tens of millions of Hong Kong dollars, and the Yangtze River Bank is just a 'high roller', and there are many such high rollers.
But in the eyes of those who pay attention to the Yangtze River Bank, there is no doubt that this time it is a little limelight.
Liu Chong Hing Savings Bank.
"Is it luck or real ability?" Liao Baoshan murmured to herself.
He made nearly 100,000 Hong Kong dollars this time, which is the most he has ever made. Because he now owns a bank, he can speculate with depositors' money.
"If he is also a master of gold speculation, then Lin Zhichao can be called an all-rounder in business, and I am afraid he will become extremely rich in the future."
"But he doesn't have a bank and has limited funds."
"I still have a brilliant idea. I use the savers' money to speculate in gold, and all the money I make is mine."
"In this way, I can quickly increase my financial wealth and will not lose to Lin Zhichao."
Liao Baoshan has become more serious. He is a Biaoqing from Chaozhou, and Lin Zhichao is a Biaoqing from Shunde. Now everyone is paying attention to the two to see who can be more successful and go further.
Hang Seng Silver.
He Shanheng said with a smile: "Judging from the operation methods of Yangtze River Bank this time, Lin Zhichao is at least a master of gold speculation. It seems that we all took a peek at him at the beginning."
He Tian thought for a while and said: "It is said that Lin Zhichao has not stayed at the Yangtze River Bank for a long time, so how can he have the energy to speculate in gold? I'm afraid that Lee Shau Kee is helping him speculate in gold, right?"
He Shanheng was stunned for a moment, and then said: "How can you be so trustworthy about others? Lin Zhichao is really amazing. Let's take a look and maybe we can communicate with him again in the future."
He Tian nodded. He was now interested in Li Shauji and planned to chat alone that day. Of course, this is not to win over others. After all, Hang Seng Silver does not need outsiders to be at the helm.
