Soon, Lin Zhiyuan was invited to Chen Jiaju's office upstairs.

Chen Jiaju explained the principles of foreign currency short selling to Lin Zhiyuan in detail.

"Lin Sheng, short selling refers to the transaction of selling stocks or currencies held by investors, hoping to buy the country's currency at a lower price in the future. When you expect the price of a currency to fall, you can buy it at a lower price. Buy those previously sold currencies at a lower price. If the subsequent buying price is lower than the selling price, the net difference between the two is your profit.”

Lin Zhiyuan patiently listened to Chen Jiaju's introduction, "Manager Chen, you mentioned to me last time that you can use leverage to speculate in foreign currencies. In this aspect, please give me a detailed introduction."

"Lin Sheng, leverage is actually very simple. It means borrowing money to speculate in foreign currencies. For example, you have [-] U.S. dollars, but you feel that the income from this [-] U.S. dollars is too little. You can borrow another one from our bank. Ten thousand dollars, if you make it, your profit will be double.”

"Manager Chen, what is the maximum leverage your bank can provide?" Lin Zhiyuan asked directly.

At this time, Chen Jiaju had learned that Lin Zhiyuan had US$150 million in his account, "Sheng Lin, depending on your assets, HSBC can provide you with a maximum leverage of twenty times, but I want to remind you, the greater the leverage, the greater the profit." The bigger, but the risk will also increase. Once your account suffers a loss and the loss reaches your principal, we will force liquidate the position, and you may lose everything."

Lin Zhiyuan shook his head, "No, twenty times leverage is too little. I want a bigger one."

Chen Jiajun replied awkwardly: "Sheng Lin, HSBC is an old bank with a relatively conservative style. Here you can only get twenty times the leverage."

Lin Zhiyuan keenly heard the implication from Chen Jiaju's words, "Manager Chen, if you are not here, how many times the leverage can you help me get?"

Chen Jiaju smiled and pushed the coffee cup towards Lin Zhiyuan, "Lin Sheng, drink coffee."

With just this action, Lin Zhiyuan understood that there were some things that it was not convenient for Chen Jiaju to say here.

"Manager Chen, I don't know what time you will get off work. I would like to treat you to a dinner tonight." Lin Zhiyuan told Chen Jiaju the room number of the hotel where he was staying, and Chen Jiaju also took out a business card, "Lin Sheng, here is My mobile phone, you can call me after five o'clock."

The two shook hands and said goodbye tacitly.

Lin Zhiyuan left the HSBC Bank. He had nothing to do now. It was still early before the five o'clock get off work time. He was not in a hurry to return to the hotel, so he strolled slowly on the road.

Lin Zhiyuan noticed that there were more and more people carrying swarthy mobile phones in the streets and alleys. This phenomenon was not particularly prominent last time he visited Hong Kong Island.

It seems that after returning to Qiongdao, I will buy a mobile phone.

Lin Zhiyuan wandered out for a long time, ate a bowl of noodles and two fish balls at a roadside stall, then returned to the hotel and took a nice nap.

At five o'clock, he called Chen Jiaju's mobile phone number on his business card, and the two made an appointment to meet in a Western restaurant near Lin Zhiyuan Hotel.

The second time they met, and since the location was not inside HSBC Bank, Chen Jiaju spoke more casually.

"Lin Sheng, are you sure you want to add more leverage? As a professional financial advisor, I must remind you that this is too risky."

Lin Zhiyuan, on the other hand, had a plan in mind. After the furry bear disintegrated in his previous life, the ruble exchange rate was like an avalanche. If he missed this once-in-a-lifetime opportunity to make money, he would be a pig.

Perhaps it is a professional habit. Chen Jiaju always looks around before speaking, as if he is afraid of being overheard by others, "Lin Sheng, I have a way to help you get higher leverage from other banks or securities companies. How many times do you want it?" ?But I must explain to you that higher leverage means higher risks, and it also means higher commissions. At HSBC, we will equip you with 12.00 times the leverage and only require [-]% commission. But outside, the lowest commission is [-]% or even higher, so you have to think clearly.”

"Manager Chen, I can't think more clearly. Just tell me, what is the highest leverage on the market currently?" Lin Zhiyuan was a little impatient. Chen Jiaju was indeed a competent financial advisor and repeatedly reminded him of the risks. But his good intentions are meaningless to a reborn person like Lin Zhiyuan.

Because Lin Zhiyuan clearly knows the clear trend of the world structure for a long time in the future, what is a high risk to others is not threatening to Lin Zhiyuan.

Seeing that Lin Zhiyuan didn't listen to the advice, Chen Jiaju could only hold out four fingers helplessly, "The highest leverage currently on the market is four hundred times, but the commission is also terrifyingly high, 20.00% four. Mr. Lin, you must think clearly. ”

Lin Zhiyuan's eyes sparkled and he answered without hesitation, "I want this leverage of four hundred times. I can accept it even if the commission is higher."

Chen Jiaju spread his hands helplessly, "Lin Sheng, let me remind you again that we at HSBC will not bear any risk for your behavior. We have fulfilled our obligation to inform you. If you really want to insist, then we will come to my office tomorrow." The office will sign a few contracts, and by the way, Lin Sheng, can you tell me which currency you want to operate?"

"ruble!"

The next day, Lin Zhiyuan went to HSBC Bank to meet Chen Jiaju again and signed several contracts.

After the contract was signed, Lin Zhiyuan told Chen Jiaju to maximize the leverage of all his money and sell all rubles short.

Chen Jiaju was shocked, "Lin Sheng, the exchange rate of the ruble against the U.S. dollar has dropped to rock bottom. Just over a year ago, 1 U.S. dollar could only be exchanged for 0.6 rubles, but now 1 U.S. dollar can be exchanged for 69 rubles. Lin Sheng, you Don’t think that the ruble will fall forever. Everything in the capital market is hard to predict. You have borrowed such high leverage. Once the exchange rate fluctuates, we must close the position. By then, your principal of 150 million US dollars will be wiped out. Return."

Lin Zhiyuan smiled at Chen Jiaju, "Manager Chen, you are a very competent financial consultant."

"But do as I say, and I'll accept my fate at the expense of you."

Chen Jiaju had no choice but to turn on the computer and operate on the spot. With US$150 million and [-] times leverage, he would short-sell rubles in batches within a month.

The reason why Chen Jiaju did this was because he was afraid that short selling would attract market attention and cause turmoil.

From this point of view, Chen Jiaju is indeed an excellent financial consultant who can truly consider the interests of his clients.

Lin Zhiyuan watched with his own eyes as Chen Jiaju completed the operation and strode out the door without looking back.

Chen Jiaju looked at Lin Zhiyuan's back like he was looking at a fool.

He let out a long sigh.

It's hard to persuade a damn ghost with good words. When this Lin Sheng loses all his pants, he will regret it.

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