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Chapter 631 Unification of Thought

When the price of oil in London was in a stalemate, Sucheng quietly came to the office on the second floor of the exchange. It was rented by Pan Asia Fund, with an area of ​​less than 20 square meters, and more than 20 employees were squeezed out, as well as the same number of liaison officers.

The major shareholders of six other companies except Dahua Industrial are also very excited about the decline in oil prices. To be more precise, they are very excited about the profits they are about to obtain.

Sucheng held a conference call and announced in a high-profile tone that everyone likes: "As of now, the total amount of funds invested by the Pan Asia Fund is about US$12 billion, and it runs on average with 15 times leverage. Due to the successful strategy of building a large number of positions in the early stage, the estimated profit is more than US$15 billion..."

This alone ignited all the enthusiasm in the phone.

Among the shareholders of Pan Asia Fund, Sucheng has the highest proportion, with 25, and has also obtained a small number of distribution shares after Kangle withdrawal. Among the profits of more than 20 billion US dollars, Sucheng alone can get an astonishing amount of more than 4 billion US dollars.

This money is much more than the total cash Dahua Industrial has, and compared with their investment, it has generated at least 100 returns.

The shareholders participating in the conference call basically own 1 Pan Asia shares. In other words, the participants in the conference call are already billionaires.

Such an incredible change, which happened in just a few days or months, was really shocking.

For the gentlemen of Pan Asia Fund, the profit of 30 is the best result they expected. No one could guess that Sucheng could suppress oil prices by two dollars. Although it was a coincidence and deliberate manner, who would not have much luck and no cleverness across the fiercely competitive oil and financial industry?

There were loud laughter on the phone, exotic languages ​​celebrating with the people around you, and reciting scriptures like chanting, like a turbulent stream, bumping around in the office, and Su Cheng also smiled and sat upright, waiting for them to calm down.

This should have been a happy moment.

It’s like the first bumper harvest of the land that has been plowed for a long time. Perhaps the yield is not very high, but happiness is even worse.

The fat girl who stayed in the small office carried Yang Ming at the door and settled the score with her fingers. After a long time of calculating, she couldn't figure it out. She asked Su Cheng in a low voice: "Master, is my investment also profitable?"

When Sucheng was surrounded by enemies, Xiaopang offered to pay money and almost took out all his foreign exchange. Sucheng naturally counted it as an investment for him.

However, investment has higher profits than borrowing, but there are huge risks and may lose all the money. In recent days, it is hard to say what Xiaopang is in, but Qin Yun and his family will blame him if they don’t agree.

Su Cheng glanced at him and smiled and said, "Silly people are lucky. Kang Le's withdrawn shares fall into my hands. Even if you invest more than 100 million US dollars, based on the current profit, you can still make so much money."

Xiaopang completely ignored whether the money would be wasted. As expected, he should also get the return on his investment, just as Kangle would suffer losses.

Unlike Kang Le's prediction, reducing his shares to 3, the loss is not more than tens of millions of dollars, but hundreds of millions of dollars. Recently, Kang Le, who also connected to the conference call, probably doesn't know whether to jump up and down or jump left and right.

Xiaopang began to calculate the value of more than 100 million US dollars happily, and said, "When I go back, I must revive my husband's state-owned enterprise. With so much money, can I buy my father's state-owned enterprise?"

Su Cheng said strangely: "It's okay to buy your father's state-owned enterprise, but what does this have to do with revitalizing Fuwei?"

With Qin Yun's toughness, the result of spending money is likely to hit her in the foot, let alone a man like Xiaopang who is determined to be eaten.

Comrade Huang Ping was similar to the gentlemen on the other end of the phone. They all began to diverge their thinking under the stimulation of excess profits. He only heard him say seriously in a thoughtful tone: "Aren't all tough guys working in the shipyard? I secretly buy a shipyard, gather everyone, and stand in front of Qin Yun. Master, do you think this reflects the fact that I am also a tough guy? At that time, hehe..."

"At that time, you will have to hire a nanny if she can beat her up in the future." Su Cheng patted Xiaopang's shoulder and said, "More than 100 million US dollars is equal to 2 billion yuan. Is it just to buy a shipyard to cheer? Do you think Qin Yun is really angry or fake angry when he knows?"

Xiaopang couldn't help but shivered and said inexplicably: "Qin Yun really developed muscles. I've seen her lifting a barbell in the gym, just two laps smaller than his father used."

Su Cheng shook his head helplessly, decided to change to a happy topic, and said, "The operation is not over yet. If you are not in a hurry, continue to keep the funds, and there should be profits."

"Don't worry, but I've made so much money, so why don't we withdraw?"

"No hurry, there is still a chance." Su Cheng said confidently.

Xiaopang said indifferently: "I listen to you. At worst, I will lose all of it. I just say that it was the master who lost it. Qin Yun dared to cause trouble, so you just helped me teach her a lesson..."

Su Cheng patted Xiaopang's shoulder with pity and said, "If Qin Yun doesn't dare to cause trouble for me, would you guess she would be so angry? Who do you think will be taught a lesson?"

Xiaopang looked out the window blankly, sighed leisurely, turned his back to Su Cheng, and said, "Master, you must win."

Yang Ming couldn't help laughing and quickly reacted: "I'm sorry."

"It's okay." Su Cheng answered for Xiaopang, then grinned: "It's really funny."

Su Cheng and Yang Ming smiled almost the same, and the noise on the phone slowly disappeared. An Italian-sounding man occupied the line and said, "Chairman of Su Cheng, what are you going to do next? Should you withdraw? Or continue?"

"Is it the president of Decio?" Su Cheng put away his smile and sat up straight. The only major shareholder of Pan Asia Fund is Italian. He is currently the president of the US GAC and a professional manager with both European and American backgrounds. In his 20 years of hosting the company, GAC, which once had assets of only 10 million US dollars, has become a large oil company with assets of US$1 billion. As the president, Decio gradually owns 35 shares. He has a unique relationship in Venezuela, and GAC is capable of refining a series of lubricants. His business is very prosperous. Decio himself is also a famous elite in the oil industry.

The Italian smiled heavily in his nose and said, "It's me."

Su Cheng leaned on the chair, shook the chair slightly, and said, "What do you think?"

Decio didn't seem to have expected Sucheng to ask himself, paused and said, "I think it's a more cautious approach to end this work. Of course, if Mr. Su has a better strategy, I'd be willing to understand."

Su Cheng didn't want to express his own opinions suddenly, so as not to arouse a lot of opposition.

Decio really wants to end this round of speculation.

After all, when crude oil fell to $16, the industry generally believed that oil prices reached the threshold. This is not only economic analysis, or legendary technical analysis, but also the natural idea caused by recent slow oil prices. Not only longs like Sumitomo Trading Company, but also short sides generally believe that lowering oil prices by two dollars is the bottom line. If not, with less than 10 billion US dollars of funds from Sumitomo and Ito, it could not prevent oil prices from falling below $16. It was entirely because some bold speculators also quietly entered the market and went long in a small amount in order to make a big profit. The traders who had previously sold crude oil around Hirano Hidetoshi had significantly decreased, mostly waiting and watching.

Su Cheng smiled and stopped and said, "My original intention of convening this conference call is to unify everyone's opinions and report the latest information to everyone. If you have any opinions and suggestions, please speak freely."

The hands-free phone only has a buzzing sound.

After a while, Afon of Repsol knocked on the microphone and said, "I agree with Decio's opinion. It is a better way to end this work."

"I think that going long with the backhand is to maximize profits." Jestin, president of Sieger, was once one of Kangle's allies, and paid more attention to low risks and corresponding returns. However, after suddenly receiving hundreds of millions of dollars in return, his mind inevitably changed, and he obviously believed in the futures market more.

"We must also consider the position after closing all the positions. Based on our current amount of funds, it would be good if we can close the position within $17. If we are not careful, we may be forced to short. I suggest starting the closing operation now." Frenchman Gilles reminded him.

Su Cheng interrupted at this time and said, "I think it's not within the scope of consideration when going backhand long."

"So that's the case, when will the discussion of short selling stop?" Yafeng was so kind. As a proud Spaniard, Yafeng was definitely not a good guy. He had never even attended the Pan Asia Fund meeting. However, when Sucheng earned $15 billion for Pan Asia shareholders, Yafeng's pride could no longer be found.

Instead, Sucheng became a respected president. Yafon would rather let go of Madrid's arrogance and want to make more money or take his current profits into his pocket.

Sucheng was very satisfied with this progress and urged him smoothly: "That's right. Pan-Asia Fund invested so much money. If the position was closed immediately, the result would be a sharp drop in profits. Rather than doing so, we might as well find a way to continue to suppress oil prices. I have strong confidence that oil prices will continue to decline."

"Below $16?" someone asked immediately.

Su Cheng said affirmatively: "That's right."

"So, we need to continue to invest money to the short side?"

"Yes."

After a simple question and answer, the conference call fell into stagnation again.

Obviously, the gentlemen who are considering keeping the current profits are far less enterprising than Sucheng. A few days ago, the voices of opposition would directly cover up Sucheng's voice, but during such a smooth time, someone still asked with expectations: "Dr. Su has still not played his trump card, right?"

"Yes, although it is not 100% certain, I think there are factors in the market that drive oil prices to fall."

“What is it?”

“I can’t say it now.”

At least 30% of the people on the other end of the phone were cursing Su Cheng secretly, but none of them were clearly opposed.

The seven companies that form Pan Asia Fund are all bold companies in the industry and have lessons from happiness. These shareholders are probably in a turmoil.

After waiting and waiting, the Italian sighed and said, "Just do as Mr. Su wants to do it, but I hope we can communicate in time."

"No problem." Su Cheng paused and asked, "Where are the opinions of others?"

"Your shares account for the majority. If I want to object, there seems to be no way. I think there should be positive discussions on such an important matter..." Although Kang Le lost most of his shares, he still attended the meeting as a shareholder. Unlike others who still have various concerns, he said what he said now.

Su Cheng asked him to finish his words and then said, "If only a few people want to withdraw, I can redeem its shares, and the profit will be calculated based on the current amount."

Now, everyone stopped talking.

This round of speculation lasted only less than a day, and it would be impossible to say that it was dangerous to wait any longer. Hearing that Sucheng was so confident, other companies couldn't help but think too much.

Even Kang Le himself holds the 3 shares in his hand and is reluctant to let go. The profit of this money is equivalent to that of the British Global Oil Company in one quarter, and it can be called a hen that can lay golden eggs.

Su Cheng unified his mind and ended the conference call. He couldn't help but breathe a sigh of relief and said, "The rest depends on His Excellency Aliyev's. Is he here?"

"The plane arrived in Geneva an hour ago. His Excellency Aliyev will meet with representatives of OPEC member states in the next two days." Yang Ming forcibly suppressed his excitement. This was a real international operation that he could never have imagined before.

Su Cheng nodded without commenting, and couldn't say how great the final impact of this plan would be.

However, as long as Aliyev can win a higher production for Azerbaijan, oil prices will at least not continue to rise.
Chapter completed!
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