Chapter 74: Short Selling Crude Oil

Since he is short of money, it is impossible to say that Bai Xiaoguang will also return to his old business and enter the financial market to make a profit.

He doesn’t plan to touch the domestic stock market, he can’t get too much, but he is very vulnerable to the investigation of the CSRC.

This is not the previous Hyde Technology incident has a group of people investigated, originally Bai Xiaoguang was also in this ranks, but all his operations are normal, without any handle, naturally will not be embarrassed.

This also gave Bai Xiaoguang a great warning, if it is not necessary, he will definitely not enter the domestic stock market.

As for foreign countries. Then it doesn’t matter.

He also has several offshore companies abroad and holds most of the shares of Datang Group, a common way for some wealthy people to hide their wealth, and Bai Xiaoguang is no exception.

He knows that in a few days the international oil price will usher in a sharp fall, because the two major oil producers in the world have disagreements over the increase in oil production, and the largest oil alliance has retaliated by lowering oil prices, wanting to get the other side to comply.

This has also led to the international crude oil price will fall from $66 a barrel to $19.9 a barrel, which is a huge opportunity, if Bai Xiaoguang can short the crude oil futures index when the price of crude oil begins to fall, then after a month, Bai Xiaoguang will get more than 3 times the gain.

Of course, this is just the return of the principal, when the time comes, Bai Xiaoguang will definitely use leverage, and when the time comes, he will be able to obtain 300 times the return with the highest hundred times leverage.

However, this is also unrealistic, and the leverage must also be determined by the amount of funds.

He decided that this time he must make a big one!

So he began to mobilize funds, and in order to raise more funds, he even postponed the construction of the second phase of the headquarters building, raising a total of 5 billion yuan for him.

That’s all the cash he can use, and any more will affect the group’s operations.

He transferred all of the funds to the UBS account of one of the offshore companies.

This time, he even used the funds through an offshore company to set up a B fund and hired a professional operation team, while he hid behind the scenes and collected the money when the time came.

Such risks can also be much smaller.

The preparations have been made and are waiting for the fall of crude oil futures.

Three days later, Bai Xiaoguang made a phone call to Thomas, the head of the fund, so that he could start shorting the crude oil futures index.

Thomas immediately gave the order.

Traders began to buy in batches, and this time Fund B prepared nearly a thousand accounts for the operation of the futures index, which not only spread the funds but also did not attract attention.

In one day, all the $700 million converted into five billion dollars entered the futures market with fifty times the leverage, shorting crude oil.

In other words, Bai Xiaoguang smashed $35 billion in short orders in the crude oil futures market.

Fifty times leverage also shows that if oil futures rise by two percent, then Bai Xiaoguang’s account will be completely liquidated, and then it will be clean.

Therefore, this financial leverage is a means of high risk and high return, if Bai Xiaoguang did not know the future direction of crude oil, he would not dare to use such a high leverage.

This fund instantly attracted the attention of the market, and many fund companies or securities companies that were optimistic about the crude oil futures index took his short orders.

By the time the market closed, Bai Xiaoguang’s $35 billion short order was snapped up.

Bai Xiaoguang was also relieved, the next month-long time is the time when the crude oil futures index fell, a month, from $66 all the way down to $19.9, although there were some fluctuations in the middle, but overall it was still in a state of decline.

In the past month, Bai Xiaoguang has also continued to pay attention to the future, and he is afraid that there will be some butterfly effect.

But fortunately, although there are some changes in the middle that are different from what he sees, the whole trend is in an unwavering downward trend.

And the money on his B fund is also rising.

In the past month, Piaget Health Milk Tea has exploded abroad, and the overseas team has opened branches in dozens of countries.

Together with domestic branches, the entire world has more than 10,000 Earl Grey milk tea chain direct stores.

The daily turnover plus milk tea powder officially broke through to one billion, reaching the level of 1.2 billion, and there is still room for growth.

In this month, the turnover of Datang Group’s milk tea alone reached nearly 40 billion yuan, and the net profit was only about 10 billion because of the expansion of the group.

The performance of Datang Computer Network Technology Company is not bad, face recognition has been famous throughout Xia Country, and the national police have relied on the face recognition system to help thousands of parents successfully find their children.

There are still many confirmations.

The latest version of the facial recognition system already has the initial ability to trace the origin, and now has a 60% chance of identifying changes in five to eight years.

Bai Xiaoguang also tried to find his sister, but he was still disappointed.

In addition, face recognition has also helped the police catch hundreds of wanted criminals on the Internet, which has greatly deterred illegal and criminal acts.

According to incomplete statistics, in the past half month, the crime rate of the entire Xia Kingdom has dropped by 40% year-on-year, and it is foreseeable that it will be lower in the future.

This result also makes the face recognition system of Datang Group crush all the same type of software on the market in an all-round way, not only Xia Guo, but even many foreign companies, such as fruit companies, have come to Datang Group for authorization.

So far, its market share has reached more than 60%, and it is still eating away at this market share.

Many companies in this area have also collapsed, on the one hand, they are unable to surpass the Datang Group, and on the other hand, they are not funded.

Zhuge Xinlan, the general manager of the technology company, took this opportunity to acquire several potential companies and incorporate them into them, making the company further expand, which can barely keep up with Bai Xiaoguang’s footsteps.

During this period, under the bold management of Zhuge Xinlan, the entire computer network technology company has been completely and basically formed, all departments are basically matched, and the cooperation between departments is also very good, especially the development department, which has definitely become a complete army and formed a strong combat force.

This is inseparable from Zhuge Xinlan’s efforts during this period.

It is worth mentioning that originally Zhang Wei saw that Zhuge Xinlan was beautiful and had a good temperament and wanted to chase people, but he didn’t expect that he gave up in less than two days.

The reason is very funny, one day Zhang Wei invited Zhuge Xinlan to his Tomson apartment to participate in a dinner between the neighbors in their apartment.

But he didn’t expect to become good friends with his neighbor Hu Xiaoxiao, both of them are top students, and they have a lot of common languages, so they learned a concept from Hu Xiaoxiao, to find a boyfriend, you must find someone stronger than yourself.

Otherwise, you will be angry after marriage, Hu Xiaoxiao is an example.

This also led to the fact that when Zhang Wei was about to chase Zhuge Xinlan, he was stunned back by this sentence.

Finally, Zhang Wei also mentioned that if you want to find someone who is stronger than the competition, then it is estimated that only the boss meets your standards.

It was this sentence that Zhuge Xinlan kept in his heart until…

Let’s leave that aside.

The gaze returned to the company’s side.

The intelligent transportation system developed by Bai Xiaoguang has been successfully tested and officially set as an official software provider by the Ministry of Transportation.

And the corresponding equipment has also been developed according to the actual situation.

This intelligent transportation system really solves the problem of traffic congestion at the source, and its intelligent traffic diversion scheme can be combined with the traffic system of the entire city to disperse the flow of traffic and people.

During the trial operation of Yancheng, even if all intersections are in order during peak hours, it can be said that the traffic problem in Yancheng has been successfully solved, and after the review of the Ministry of Transportation, it will soon be able to be promoted to the whole country.

Of course, this intelligent transportation system is not free, but a paid license, and the annual licensing fee and technical installation fee will reach billions of yuan nationwide.

This amount is not worth mentioning compared to the annual cost that the state invests in traffic management, and the state is very happy to pay it.

These two achievements have made Datang Computer Network Technology Company famous throughout Xia Kingdom.

Next, Bai Xiaoguang’s task for technology companies is not only to cooperate with the development of Bai Xiaoguang’s artificial intelligence, but also to start the development of domestic operating systems.

The Pangu system on Huateng computer before was actually better than the soft system after Bai Xiaoguang’s optimization, but Bai Xiaoguang was not satisfied, because even the Pangu system was developed based on a foreign open system twisted operating system.

Not a purely domestic operating system.

One of Bai Xiaoguang’s ambitions is to develop his own operating system, or even a Chinese programming language, based on the capabilities he will gain in the future.

But this is a huge project, he can not rely on himself to complete, all he has to do is build a framework, and the rest is left to the personnel of the development department.

And his artificial intelligence also needs to run in a system, then the two must go hand in hand, which makes the requirements for Bai Xiaoguang and the company’s development department higher.

Not only existing computers, but even today’s flawed systems cannot drive artificial intelligence at all.

In addition, the company also needs a large number of talents, as well as a large number of special equipment, depreciation requires a huge amount of funds, and after the success of this futures, Bai Xiaoguang does not plan to dissolve Fund B, but continues to hide behind to command the remote control of the financial team, and continue to make money in the financial market.

With his foresight, it is impossible to lose money, he uses the financial market as his cash machine, and when he is short of money, he will fish out a sum of money.

A month passed quickly.

Today is a big day.

Crude oil futures prices have fallen to $22.

Bai Xiaoguang does not intend to wait for the lowest point to be delivered, he still understands this truth, although he knows that the lowest point is $19.9 per barrel, but the world is unpredictable.

Especially in the middle of this, there have been several different fluctuations, Bai Xiaoguang can not gamble, see good and receive the only way to be undefeated.


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