Chapter 28: A desperate bet

"The old manager told me confidently that if the inflation was strong in 1993, the Ministry of Finance would have taken out this money to stabilize the market. Now that inflation has been suppressed, it is impossible to ask the Ministry of Finance to spend 1.6 billion to subsidize the '327'." Wang Yunqi said to Yang Xing. The two were chatting in the bar of the Peace Hotel. Most of the people sitting around were European and American guests, and they were not afraid of anyone eavesdropping.

Yang Xing asked him with a smile: "Will Guan Jinsheng not know the background of China Economic Development Development?" Guan Jinsheng is the boss of Shanghai Wanguo Securities, the main short side of the '327'. In February 1988, Guan Jinsheng was responsible for establishing the first securities company in Shanghai. During his tenure, Wanguo Securities' primary market underwriting business accounted for 60% of China's total share, and the secondary market brokerage business accounted for 40% of the total share in the country. Authoritative institutions in the United States and Britain evaluated Wanguo Securities as China's largest securities company. Guan Jinsheng took the banner of "Wanguo Securities, Securities Kingdom" and claimed that Wanguo would become China's Nomura and Merrill Lynch. In 1994, he proposed that Wanguo Securities "would enter the world's top ten securities companies in 2000." He said a word in the Shanghai securities market, which could still make the floor of the Shanghai Stock Exchange shake.

In Yang Xing's dialect, the China Economic Development Development Company refers to the China Economic Development Trust and Investment Company. It was formerly the China Agricultural Development Trust and Investment Company approved by the Ministry of Finance and the People's Bank of China in April 1988. This small-scale trust company had a strong "government background" from the beginning. It started with the entrusted management of the Ministry of Finance's agricultural workflow funds, and then accepted the entrusted management of all the financial workflow funds and the Agricultural Comprehensive Office funds. This is obviously a child under the Ministry of Finance. So whether to subsidize interest or not is the final decision.

Guan Jinsheng insisted on fighting with Zhongjing Development, and he did find the wrong opponent. But at that time, a group of securities companies in Shanghai were holding this idea. Obviously, according to normal market rules, Guan Jinsheng and other overseas returnees were correct, but in China, the magic wand of policy would drive everyone who thinks so to hell. Wang Yunqi shook his head: "Old Guan and others are already blinded and no longer see the woods. Mr. Wei from the Shanghai Stock Exchange will come back in the next two days to see if he can pull this stubborn donkey." Yang Xing smiled and did not respond. If nothing unexpected happens, the other young man from Shanghai will not go too far away. Yang Xing is waiting to get him in his pocket.

Wei Shaodong was the first batch of college students after the special period of graduation from Shanghai University of Finance and Economics. In 1990, the Shanghai Stock Exchange was established. Wei Shaodong became the founder and first general manager of the Shanghai Stock Exchange. At this time, he was less than 40 years old and was known as the "youngest boss in the global exchange." In short, Wang Yunqi was still the oldest among the four young masters.

The secret talk between Yang Xing and Wang Yunqi is no longer a question of whether they can make money at this time. Obviously, through the inside line of the Ministry of Finance, Mr. Wang has already understood the results, but is a question of how much they can make in increasing investment. The result of Yang Xing and he negotiated with Mr. Wang's company credit as a guarantee and borrowed another 30 million from the bank. After Yang Xing spoke with Quan Mingyao and others on the phone at Dalian Guofa in the mall, he transferred another 20 million, with a total of 100 million yuan, all invested 327 yuan. Throughout February, the price of the 327 contract has been hovering between 147.80 yuan and 148.30 yuan. The large-scale entry of Yang Xing and others raised the contract to around 148.5 yuan. It was obvious that Guan Jinsheng did not listen to the advice. He once again used more funds to suppress the contract price. Many parties including China Economic Development Corporation had already seen the short side's harshness.

On February 23, the Ministry of Finance issued an announcement stating that the 327 treasury bonds will be redeemed at 148.50 yuan. On February 23, China Economic Development Corporation led many parties to cover up the battle with benefits and attacked until 151.98 yuan. Then the allied army of Wanguo Liao Guofa suddenly changed to long positions. The 327 treasury bonds rose by 2 yuan within 1 minute, and 3.77 yuan after 10 minutes! For every 1 yuan increase of 327 treasury bonds, Wanguo Securities will lose ten yuan.

Several hundred million yuan! At 4:22 pm, Guan Jinsheng made a desperate bet, and the short-selling Wanguo Securities suddenly launched an attack. He first used 500,000 yuan to 150 yuan, then increased the price to 148 yuan, and the last huge sell order of 7.3 million yuan to 147.40 yuan. The side-side value of this 7.3 million yuan sold was 1.46 trillion yuan, which was close to 1/3 of China's GDP in 1994!

In the war room of the Peace Hotel, everyone except Yang Xing looked like earth. Looking at the computer screen, Wang Yunqi pinched the red and blue pencils in his hand into two pieces without any notice. Tang Hai desperately tore his hair and shouted, "It's over, it's over. It's all lost!" Seeing Yang Xing's indifferent smile, he rushed forward and grabbed Yang Xing's collar and shouted, "Little Red Man, you're tired of living. You have cheated everyone for losing so much money. You can't help but cut it into pieces!" Suddenly, everyone didn't react. Only Wang Yunqi shook and looked up at everyone present, especially Yang Xing's smile that had not changed much.

Then he did an action that no one expected. He swung his arm and "slap" and gave Tang Hai a crisp slap in the face. Tang Hai was stunned and everyone looked at each other. Wang Yunqi urged Yang Xing and said, "The child is used to being smooth sailing. He has never suffered any major setbacks. This time he is also concerned and confused. Just let me teach him a lesson and let him know a long way. Please forgive Mr. Yang." Yang Xing couldn't help but admire Wang Yunqi's concentration and observation. It is hard to let anyone suffer such a big loss, but he calmed down in a moment. Through the expressions of the people on Yang Xing, he found that Yang Xing and the others were shocked rather than fear. When he thought about the mung bean futures trading plan they made on the mall commodity exchange, it was easy to conclude that Yang Xing had the next move.

At this time, Huo Liao's actions could only make people laugh. Yang Xing also reciprocates: "Where, we have met in the Commercial Exchange once, so we won't be too nervous. This time, the old manager was also impatient and made such a foolish move. This is the Shanghai Stock Exchange. I don't think they will wait too long, and there will be a result tomorrow." Wang Yunqi pulled his own people without any hesitation and said goodbye. Anyway, Yang Xing and the others were on their own land, and they will see the decision tomorrow. I believe they can't fly to the sky.

Wang Yiren walked up and asked, "Is it a forced closing position again?" Seeing Yang Xing nodding, he couldn't help but shake his head and smiled bitterly: "You can really see through people's hearts. Many times I suspect that you have the ability to predict the future. How can you arrange all these complicated things perfectly?" Yang Xing thought to himself, I have experienced this big killer for 15 years, but he said, "I'm also persistent, my palms are also cold sweating. You didn't see Mr. Wang's expression just now. If there is no good news tomorrow, I

Let's see, we are all waiting to die here. However, it's strange that when we are on the first day of the New Year, we will do the fifteenth day of the mall and the mall Merchant Exchange has a bad start. I believe the Shanghai Stock Exchange will not imitate us." Yang Xing's tone was full of teasing, which made everyone's nerves relax. Wang Yiren smiled and had a bit of flushing on her cheeks. She spitted Yang Xing lightly when the person was not paying attention, as if she was complaining about him making fun of death. The mature beauty's charm made Yang Xing's heart jump up all of a sudden.

The next morning, Wang Yunqi brought Wang Jianguo and Tang Hai, who had half of his swollen face, to thank him. He was well-informed and had received the news that at 11 o'clock last night, Shanghai Stock Exchange General Manager Wei Shaodong officially ordered that all transaction abnormalities of "327" varieties after 16:22:13 on the 23rd were invalid, and this part was not included in the settlement price range of the day. After this adjustment, the transaction volume of the treasury bonds on the day was 540 billion yuan, and the closing price of the "327" varieties on the day was the last transaction price signed before the violation was 151.30 yuan.

Wanguo Securities is doomed. If the position is closed at the closing price of 151.30 yuan, Wanguo will lose 1.6 billion yuan. This is only Wanguo, and most other brokerages in Shanghai will also lose a lot. Zhongjing Development is undoubtedly the biggest winner, with a profit of nearly 2.5 billion yuan. Yang Xing and the others have made a lot of money. Although the amount of funds cannot be compared with that of big dragons like Zhongjing Development, the actual profit has exceeded 300 million yuan. After deducting various expenses and loans, Yang Xing can say responsibly: "We are also a billionaire."

Wang Yunqi made more money than him, but a large part of it was to stay in the family business, and the ones that were distributed in his hands were about 40 million. Quan Mingyao and others entered the market late, and each company also received nearly 10 million bonuses. Although they strengthened the impression of Yang Xing Shancai in their hearts, they still felt sorry that they made less money late. In the future, they must follow Mr. Yang closely and make money as early as possible.

Another benefit of Xingfu Investment Company's great success this time is that it has gone from an unknown small foreign company to a financial tycoon in Shanghai. With the help of Mr. Wang, Xingfu Investment Company offered a resume of more than 100,000 yuan in annual salary a month ago, and it was difficult to recruit various elite talents. Now it is like snowflakes to invest in Wang Yiren, who is now the manager of the human resources department, which makes Wang Yiren have a lot of documents to read every day when eating and going to the toilet, and keeps shouting to resist the crazy exploitation of Yang Xing, the capitalist.

In early March, Yang Xing had to put down his work and Wang Yiren to return to Jiudu. The reason is very simple. Yang Xing's class started in the first half of the semester. According to the new school regulations, students must arrive at the school themselves when they register. Yang Xing, a new billionaire, had to bow his head and return to school.

The plane flew directly to the mall. After getting off the plane, I saw Quan Mingyao and dozens of people pulling a huge banner, "Welcome Xingfu Investment Company to return to their hometown to invest." It was like welcoming overseas Chinese businessmen to return home. It really scared the two who were unprepared. When the two sat on Quan Mingyao's crown, they realized that Yang Xing was playing too much this time, and even the Central Plains Investment Company was alarmed.

The leaders of the Provincial State Investment Corporation are all bureau-level cadres. They want to have some "intimate relationships" with the famous Xingfu Investment Company in Shanghai, but they can't help but welcome a young man under 20 years old. However, with Quan Mingyao's role model there, no one is willing to be unable to get along with money.

So I asked Quan Mingyao to help them greet them. Anyway, their cooperation with Yang Xing has spread throughout the financial circles of Central Plains Province. As for such a grand scene, it was entirely due to the official-oriented idea of ​​the company's leader. They believed that Xingfu Investment Company was a big company and must have corresponding pomp to show sincerity. Wang Yiren smiled in his ear: "Fortunately it was not in the small county town below, otherwise they could do such a thing as a police car driving the road." Yang Xing nodded deeply. Wang Yiren had already come and sent him to the city government for a small call, and he had seen more tricks.

It seems that having money can make the devil pusher moulds is true at all. I have already enjoyed the treatment of a bureau-level leader in advance. A convoy of more than a dozen cars ran all the way, and even the traffic police dared not stop the privileged license plates on it. They headed straight to the best hotel in the mall, Guomao Hotel.
Chapter completed!