Don't think that Chen Yan and Zhang Yonghao's hundreds of millions of funds are only a small amount in the huge crude oil trading market.

You know, crude oil futures can be leveraged.

Especially in Hong Kong City, the price can be increased up to 14 times just on the exchange.

Therefore, even though the combined funds of the two people are only 500 million, they have mobilized more than 500 billion in funds.

This amount of funds can actually cause certain market fluctuations when crude oil usually fluctuates little.

Especially Chen Yan, they are short-selling and smashing the market, and they may even create a curve.

Therefore, people from major financial companies in the port city have been curiously staring at the crude oil market and trading volume these days.

As a result, I don’t know if there are international financial giants operating in the opposite direction, or if the market is really optimistic about the recent price of crude oil...

Anyway, Chen Yan and Zhang Yonghao threw billions of funds (including leverage) into it, but they didn't even make a splash.

For a time, everyone in Hong Kong City's financial circle thought things were interesting.

They speculate that there are probably two forces in the market currently engaged in a fierce game around crude oil.

Some forces believe that crude oil will rise, while others believe that crude oil will fall.

Chen Yan is bearish on crude oil and is on the short side.

The other side is bullish on crude oil and is the long side.

However, now many parties have an absolute advantage.

Chen Yan already belonged to an employer with a certain amount of funds, so he had no power to fight back in front of the other party.

The financial world is the most bloody and bloodthirsty.

Originally, they just wanted to follow Chen Yan and pick up the slack, but now they are starting to think about whether they can get a share of the pie in this matter.

Then here comes the problem.

Now, the two forces are fighting. Should they divide Chen Yan's body or the other side's body?

While most people in the Hong Kong financial circle were still hesitant, some radical small financial companies took the lead in entering the market.

Perhaps because of their blind trust in Chen Yan, they followed Chen Yan to the short side without hesitation.

Batch after batch of crude oil futures are loaned out from major exchanges and then thrown into the market.

The joining of new forces has brought new changes to the stalemate crude oil market.

The price of crude oil fell in response, and soon fell to the point where Chen Yan and others were selling.

Upon seeing this, Zhang Yonghao opened two bottles of champagne, wanting to celebrate his stage victory.

As a result, at this moment, the first OPEC meeting officially began.

Before the closed-door meeting, a spokesman for the OPEC oil alliance admitted at a press conference that the purpose of the meeting was to discuss oil production cuts and price increases.

As soon as this news was released, the price of crude oil rose like a helicopter.

Not only did it directly surpass the short selling lines of Chen Yan and Zhang Yonghao, but it also directly jumped over the short selling lines of those small financial institutions and continued to soar.

This sudden change in the situation made Chen Yan's "efforts" during this period completely come to nothing.

Qindao, Chenyu Game Company, Chen Yan was on the phone with Zhang Yonghao while signing the distribution agreement for the new game.

There was no noticeable change in Zhang Yonghao's voice on the other side of the phone. He was still cheerful and outgoing, but his inner worries could be heard in the content of the chat.

"Mr. Chen, I think our Martingale winning method is still very effective."

"Look at these several increases and openings, our costs have not only been shared, but once the long and short positions are reversed, the profits will be very considerable."

How does Chen Yan know anything about finance?

So I could only say a perfunctory "Yeah, yeah" while saying, "You're right. So, don't worry. Just follow what I say and you will definitely make money."

Hearing Chen Yan's words, Zhang Yonghao laughed and said, "I'm not worried. I'm not worried at all."

"I still have great trust in Mr. Chen."

"I'm just worried that you're under too much pressure."

Chen Yan smiled and said, "I'm not under much pressure. I've always been confident in investing."

After hearing Chen Yan's words, Zhang Yonghao couldn't help but ask, "Does Mr. Chen have any inside information?"

After saying that, he denied it himself, "It shouldn't be possible, right? What affects the oil price this time is OPEC. It is a joint organization of major oil countries. How do we get the news?"

Chen Yan affirmed, "Yes. No information will be leaked like this."

"After all, it's useless even if it's leaked."

"Among OPEC member states, each country has an equal status. Even if you know a certain country's plans and ideas, there is no way to guarantee that other countries have the same ideas."

Zhang Yonghao was silent for a moment after hearing Chen Yan's words.

Then he said with a "haha" smile, "Yes. So, I can only place my hope in Mr. Chen's vision."

Chen Yan was busy there, so he could only say a perfunctory "hmm" and said, "Just follow me and it will be fine."

Then, the two of them chatted for a few words in a nonchalant manner before hanging up the phone.

After hanging up the phone, Chen Yan put the phone aside and shook his head silently.

Zhang Yonghao said that he was not worried and did not care.

But in fact, since OPEC released news two or three times in succession, he couldn't sit still, so he found an excuse to call Chen Yan.

Sometimes we talk about Chen Yan, sometimes we talk about Chen Yan’s companies, and sometimes we talk about the current situation of Toutiao Technology.

Thanks to his regular reports, Chen Yan now has a better and better understanding of the situation of Toutiao Technology.

Every time Chen Yan gets the news, he will send a copy to Qin Ming, so that he can take over Toutiao Technology more conveniently in the future.

There is a reason why Zhang Yonghao is so restless.

Because after adding positions for the fourth and fifth times last time, the two people added positions twice more during this wave of rising crude oil prices.

Because it is doubling and increasing every time.

Therefore, the cumulative short crude oil funds purchased by the two people have reached an astonishing 1.27 billion and 635 million.

Accounting for one-seventh of the total funds.

Moreover, due to leverage issues, one or two hundred million of the early funds have been liquidated, and the losses can only be covered by making money from this part of the position in the future.

This is also the reason why Zhang Yonghao has been restless during this period.

He lost hundreds of millions of funds, which already made him feel heartbroken because he was short of cash.

But compared to Zhang Yonghao's fear, Chen Yan didn't care at all.

Because these are all in the operation records given by the system.

Even though Chen Yan doesn't understand finance, he can roughly deduce what will happen in the future based on the operation records provided by the system.

Moreover, comparing the current development of things, Chen Yan seemed to understand the reason why the system allowed him to build a position early and then explode it:

This is a bait.

Moreover, it is not directed at Zhang Yonghao.

It is aimed at the financial circle of Hong Kong City.

At this time, Tiandu.

The chairman’s office of Toutiao Technology.

Zhang Yonghao sat in the leader's position, smoking one cigarette after another.

Opposite him sat Vice President Wang and the Chief Financial Officer.

At this time, these two people were as sad as him.

After smoking a cigarette, Zhang Yonghao pressed the butt of the cigarette into the ashtray, and then he said, "Chen Yan said, let us wait patiently, don't be anxious."

The financial director and Vice President Wang looked at each other, not knowing what to say.

You've already lost hundreds of millions, why aren't you in a hurry?

They are not as rich as Chen Yan.

At this time, Zhang Yonghao was obviously in a very troubled mood. His eyebrows knitted together, and then he asked, "Please help me think about it."

"The capital gap between us and Chen Yan is double. So as long as we buy half of Chen Yan's amount in all operations, with the same proportion, will we have no risk of being left behind by him?"

The financial director pondered for a moment and said, "Yes. As long as we operate strictly in accordance with the proportion. If we liquidate the position, he will certainly liquidate the position."

Zhang Yonghao asked again, "Is it possible that he diverted funds from other places to let us liquidate our positions, but he himself got through it safely?"

Vice President Wang coughed and said, "There are a few questions."

"1. According to our contract, his behavior is not allowed. If he does this, we can completely break the contract."

"2. If he allocates funds to increase the margin, we can actually do that. For the most part, we will continue to mortgage the shares."

"3. And the most important thing. His nickname is just Eastern Buffett, not the real Buffett."

"Even if it is true Buffett, the futures market is completed in an instant. There is no way to accurately control the rise and fall of a few points, let us liquidate our positions, and then he makes money."
To be continued...