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Chapter six hundred and thirteenth embattled

Greeting with more than ten people at the same time is not only a waste of saliva but also a physical effort. However, in the financial market, companies above the scale are qualified to enter the core circle, and no one can get rid of anyone.

Even Su Cheng himself has only prepared more than 3 billion US dollars and established an offshore fund of US$17.5 billion to leverage the futures market of US$200 billion. It can be said that as long as there are like-minded friends, any company has the qualification to be on par with BP and Industrial Bank.

Therefore, even if you stand in the center of the banquet, you will always be inseparable from senior executives who come to say hello and "new friends" who join the conversation.

Sucheng didn't want his short life in Financial City to be a confrontation, so he could only try his best to participate in the chat and deepen his understanding with others while exchanging messages.

When it was about to enter the late night rhythm, Parkson's fund's Parkson turned back, holding a beautiful woman with chestnut hair beside her, and smiled exaggeratedly: "Oh my God, you just stood there and talked for two hours? It's so amazing. Haven't you noticed that the women nearby are about to disappear?"

He drank the champagne in his hand, then took two more glasses from the passerby's tray and handed it to Su Cheng. He put an arm on his shoulder, pretending to be familiar, and smiled and said, "If you are drunk, you won't hear the nagging of the old men. If you don't drink two bottles of champagne in such a party, you will definitely want to jump from the upstairs."

Su Cheng took it over with a funny look and drank half a cup in one breath.

This half is in line with his humor, and half is really bored.

If it is in China or in a relatively familiar Asian region, Siucheng would not accompany a group of old men to play chat games. However, the City of London is a daunting place after all. Many financial companies or executives of financial companies can be traced back a hundred years ago. Whether it is its size, connections or skills in the financial market, they are far from comparable to Dahua. The legendary Roscheld family, or the modern Morgan and Rockefeller families, all regard the City of London as an important foundation.

If the Pan Asia Fund is barely enough to be a giant crocodile, then in terms of predation skills, both Lehman Brothers and Industrial Bank can be called a giant crocodile. As for those legendary existences, they can be called a prehistoric giant crocodile, and can chew any self-righteous giant crocodile with their teeth.

With Sucheng's cautious personality, he would not make enemies in the City of London for no reason.

Although he was indeed preparing to hunt here, Siucheng maintained a traditional Asian style before he could see the food.

Therefore, when everyone chats, he will chat with the crowd. When everyone exchanges information, he will exchange information with the crowd until Parkson, who named the fund company after his own name, comes back.

In the circle, a tall white man with thick hair also drank all the Bourbon in his hand in one sip and said with a smile: "Can the old man stand for two hours? Although the doctor said that my health is not good and I can't live for too long, but the current medical technology will make me see the 2050 calendar. How can I be treated as an old man?"

"It's Mr. Lagarde." Parkson seemed familiar with the Enron European president and laughed: "If you want to see the 2050 calendar, I can give you one tomorrow."

"Ah, do you want my place?" Lagarde made a skeptical performance, which made everyone laugh.

Parkson hugged the beauty tightly and smiled: "When I become the major shareholder of Enron Company, I will definitely serve as the president of the European region. Don't worry, Enron's stock price will rush upwards at that time."

If it is good, it will immediately become full of gunpowder.

Lagarde's smile became extremely fake, and he said, "Just with the current Parkson Fund, how many Anron stocks can be acquired? Be careful not to make a malicious acquisition, but will be swallowed up."

"Of course it's not possible to have such an inflated price now. I will wait for Anron's stock price to return to its actual value." Parkson faced with tit-for-tat, his face full of provocation, like a high school athlete.

Su Cheng looked at this guy with great interest. It took courage to predict the inflated value of Enron Company in 1994. Of course, it was not as courage as it was around 1998, but it was still a powerful prediction.

After all, in the mid-to-late 1990s, Enron was almost a model of financial success. Their methods and strategies made investment institutions across the United States, or half of the world, recommend and evaluate high-stars. It is very difficult to find financial institutions that have not invested in Enron, at least it is much more difficult than finding tea shops in Black Africa.

If it weren't for the financial crisis and coincidental accounting, it would be hard to say whether Enron would eventually go bankrupt. Even if Parkson's words were just sarcasm, they probably wouldn't be aimless. In any case, he is also the chairman of a fund with a multi-billion dollar asset. He wouldn't have joked about a completely opposite prediction.

Lagarde's face turned green, as if he had changed from an Englishman to a Peruvian.

When the atmosphere was stiff, the British president of Societe Generale clapped his hands, took over the topic, and asked Su Cheng directly: "How long will the short selling of Pan-Asian Fund last?"

This is a topic that everyone is concerned about. In an instant, Lagarde and others' eyes gathered.

Su Cheng didn't expect the topic to come back to him. He frowned and asked, "Industry Bank still has ambitions for oil futures?"

"Didn't Dahua Industrial join in?"

"We made a decision after preparing for a long time, what about the decision we made? "

"Industry was one of Total's shareholders for a long time. The financial market cannot be separated from oil, and the oil market cannot be separated from the financial market. If the futures market changes too much, it cannot be said to be good news for major companies." The British president of Industrial Bank said this and stared at Sucheng, saying: "Dahua Industrial is an oil company. Continuous short buying has exceeded the hedging requirements."

For oil companies, their hedging is originally to buy short futures markets. If they produce 1 million barrels of crude oil per year, they can buy short 1 million barrels in the futures market. In this way, if the price of crude oil rises, inventory makes profits, futures loses, and income remains unchanged. If the price of crude oil falls, inventory makes losses, futures make profits, and income remains unchanged.

Therefore, the production company can carry out production without risk and focus its energy on it.

However, there are always some hedging companies that cannot withstand loneliness and will bet on the financial market more and more. In the eyes of bankers with strict risk control, Dahua Industrial is such a company.

In fact, the huge losses that often occur in the financial industry are indeed easy to occur in such half-baked companies, just like half-baked collectors are easily picked up, and there are often heard of half-baked financial companies being bankrupt.

Su Cheng pondered and said nothing. It was impossible to say anything without any anxiety. Unlike previous futures trading, this time, he could not use the power of foresight, and he would operate it on his own.

Just because the Aqijiu oil field has overflowed production capacity cannot guarantee a huge profit. Perhaps it is OK to generate profits, but after preparing for so long, Sucheng is unwilling to give up a little profit.

Lagarde saw something from Siucheng's attitude and said in surprise: "Dahua Industrial really wants to be a big bear in the market?"

"The financial behavior of Pan Asia Fund has nothing to do with Dahua Industrial." Su Cheng first put aside his responsibilities and then said: "I said earlier that I am not optimistic about the price of crude oil."

Lagarde's expression gradually became solemn, and he said, "So, Dahua Industrial... Well, the goal of Pan Asia Fund is limited to oil futures?"

Su Cheng thought about it and gave a positive answer: "That's right."

Several people in the circle looked at each other and all had the expression of a wolf coming.

For a $17.5 billion fund, the concepts of diversified investment and concentrated investment are completely different. In common terms, gamblers who are gambled always show momentum before opening the card.

Lagarde repeated: "It seems that Pan Asia is really going to be a big bear."

"Does Anran want to share one?" Su Cheng used the questioning style.

If a large number of short sellers gather, even if only financial means are used, the crude oil price can be suppressed a lot.

However, this method requires a huge amount of funds, unlike spot oil that can impact the spot market. The resources required for futures trading with a global trading volume of 90 are more than ten times that of spot trading.

However, Lagarde obviously would not be able to win the love of Sucheng. He laughed twice in a hoarse voice and said, "We prefer low-risk projects. It is too risky to bet on the decline in crude oil prices now."

Su Cheng turned his eyes to others.

When it comes to this, it is natural to recruit the Allied Army.

When Soros stirred up the pound and Southeast Asian currency markets, he followed a super hot money army of ten trillion yuan, and Sucheng did not want to be a lonely man.

He looked over from left to right one by one.

The enthusiastic man from Lehman Brothers shook his head slightly, not to mention the ridiculous face of the British president of Industrial Bank. Although the executives of BP and Aruba Investment Company were smiling, they did not say anything...

Parkson, who gave Sucheng's business card, also hesitated at this time.

He is indeed interested in short selling of Pan Asia Fund, but he still has to consider it if he wants to give up.

Next to it, Masao Ito, who had not spoken, burst out laughing and said in skillful Chinese: "The crude oil market is not alarming. Whether it is Dahua Industrial or Pan Asia Fund, it is more difficult to stir it up than to stir the lake. Chairman Sucheng should not bewitch people here. If you have any conspiracy, please put it away."

"Conspiracy?" Su Cheng glared at the guy.

"There are news everywhere here. To win the trust of everyone, Chairman Sucheng must prepare more." Ito Masao smiled like an old cat.

Su Cheng quietly picked up the wine glass and silently felt the entanglements.
Chapter completed!
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