So, except for Wu Long and a few others, Hao Ren and Wang Zihang began to make full operations and began to sell all Dow Jones Index futures contracts at a price of US$60,000 per lot.
Merrill Lynch, Huang Yahui also began to sell futures contracts one after another according to Zhang Bin's instructions, but he was a little worried in his heart.
Selling so many futures for so much money at the same time, what exactly is Mr.
Zhang going to do?
But he is the one who pays for it, so he only needs to help with the operation.
What Zhang Bin wants to do, of course, is to go short.
Shorting futures, to put it simply, is to sell futures that you do not own to others and promise to settle after a certain period of time, that is, the money and goods are cleared.
Before settlement, the buyer and the seller only need to pay a deposit.
When it comes time to liquidate the contract, the price of the futures has dropped a bit.
Then I buy the futures that the buyer needs and sell them to him at the previously agreed contract price.
What I actually earn is the price difference.
What Zhang Bin did was to borrow futures contracts from the futures company, wait until the position was closed, and then spend money to buy the futures contracts and return them to the futures company, which could help him save a large part of his cash flow.
This is why Zhang Bin can use 600 million US dollars to operate 5 billion US dollars.
Perhaps no one thought that what Zhou Chuan said today would turn into a disaster for the world stock market.
Perhaps someone was deliberately fueling the situation behind the scenes.
What Zhou Chuan said today was rumored to mean that the country would immediately regulate financial investment, so funds began to reduce their positions on a large scale, causing the stock market to plummet.
No one expected that this domestic stock market disaster would turn into a "domino" for the world stock market.
The first one to react was the Hang Seng Stock Index in Hong Kong, which had a maximum drop of more than 465 points that day and closed down 360 points, a drop of 176.
Then European stock markets also began to fall across the board, with a maximum drop of more than 264 points.
The worst was actually the United States.
On the 27th, the U.S. stock market began a shocking plunge.
The Dow Jones Index fell as low as 560 points and closed down 416 points, or 33 points.
The Nasdaq Composite Index fell by 39 points, and the S&P 500 Index also fell by 39 points.
So on the 28th, the Prime Minister immediately said that he would vigorously support the domestic capital market, and the stock market began to recover rapidly.
This was a story disaster that no one expected.
It came and went as quickly as it came.
However, the losses caused to the entire world were more than three trillion in funds evaporated in one day.
Of course, what is going on in this cyclical plunge of global stock markets is a problem for those in charge.
What Zhang Bin has to consider at this time is how to make more money.
We were busy until after ten o'clock in the evening, and everyone finally felt at ease.
Wu Long went to buy midnight snacks and dumplings, and everyone simply ate them.
Several people were awake at night.
With so much money invested, everyone was very nervous.
They stared at the fluctuations of the index every second, for fear of something going wrong.
Zhang Bin couldn't fall asleep after two hours of sleep.
It was strange that he fell asleep because he was thinking about this matter.
That night, the domestic stock market began to change.
By the 27th, the market began to fall across the board, and the Hong Kong Hang Seng stock index also fell across the board.
On the afternoon of the 27th, the U.S. stock market finally responded.
Seeing this process, everyone became excited.
As long as it is falling, it means making money.
The more it falls, the more money is made.
Merrill Lynch, Huang Yahui hasn't slept since he learned that Zhang Bin had operated a futures contract worth five billion US dollars at a time.
He didn't dare to sleep at all.
I'm a good boy, this is billions of dollars, so if it goes down, it goes up.
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That's a lot of money.
If you lose a lot of money, your job will probably be very difficult.
When the Dow Jones index fell by 100, Huang Yahui started calling Zhang Bin so that he could take action.
The current situation could not last long.
Zhang Bin asked him to wait.
When it dropped two hundred points, everyone was silent because they could see that this trend seemed to continue.
Three hundred points, four hundred points.
Huang Yahui called again.
He was already shocked.
Is he so lucky?
He felt that it could not be luck at such a precise time.
If luck was ruled out, it meant that Zhang Bin had a very powerful team under his command, or that Zhang Bin had gotten some information in advance.
Zhang Bin asked Huang Yahui to wait and would call him when he could take action.
Well, Huang Yahui could only suppress his excitement and wait.
When it broke through 500 points, everyone looked at Zhang Bin.
Seeing that Zhang Bin was still so calm, Wang Zihang and his wife looked at each other.
They deserved to be able to earn so much at such a young age.
It seemed like this was their strength.
When the index fell by more than 520 points, the decline was already very slow.
"Close the position," Zhang Bin calmly ordered, but he was already extremely excited.
Everyone began to operate quickly.
The five billion U.S. dollars of futures contracts must be closed within half a day.
It is much easier to buy than to sell.
Until around 7 pm on the 28th, all Zhang Bin's contracts were closed.
Hao Ren calculated it for him.
He found that he had 600 million U.S. dollars and held a total of 10,000 contracts.
The average price dropped by 546 points per lot, which was a net profit of 22,000 U.S. dollars per hand, and a total net profit of 220 million U.S. dollars.
When the final amount was calculated, everyone was left in the dark.
In two days, 220 million US dollars, this is more fierce than stealing money.
The actual handling fee is less than 30,000 US dollars, which is completely negligible.
Seeing everyone looking at him in shock, Zhang Bin said with a smile: "Everyone will have to work hard tomorrow.
I will invite everyone to have dinner at the Crown Hotel tonight."
"Yeah, long live the boss," everyone shouted excitedly.
Although it's nothing to have a meal, it's always nice to relax after being nervous for so long.
Zhang Bin was not too surprised because he had already calculated this result countless times in his mind.
Huang Yahui called Zhang Bin, told Zhang Bin the results, and finally said: "Mr.
Zhang, are you ready to continue investing or withdraw cash?"
"If you don't mind now, please help me sell again," Zhang Bin said.
"Sell again."
Huang Yahui hesitated and said, "Mr.
Zhang, please forgive me.
Judging from the current situation, it is no longer possible to drop much."
"Who said I'm going to go down, I want to buy up," Zhang Bin said, "You can do whatever you can do tonight, and try to sell them all before noon tomorrow."
Including the previous funds, Zhang Bin now has 820 million US dollars in hand.
As the domestic stock market picks up, the stock market in the United States will also begin to gradually rebound.
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It is just a slow process, but within a week, the Dow Jones Index will rise by nearly 300 points.
This is money, and it is not worth it.
Not profitable.
Lao Li didn't find the maximum limit for personal holdings, so he didn't limit it.
The more you buy, the more you earn.
In addition, everyone can cast votes or make comments, etc., to give Lao Li some reactions, and he can just be bored.
The feeling of coding in my head is very bad
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