Rebirth of Bloody Romance
Chapter 42 Leverage
Zhong Yuemin rejected Yu Guodong's suggestion of choosing a luxurious hotel without hesitation. He pointed to an ordinary hotel on the corner of the street and said casually, "Let's choose this one. As long as it's clean and has a place to take a shower, it's fine."
Although Yu Guodong was a little puzzled, he didn't say much and went straight to the hotel front desk to check in. Zhong Yuemin and his companions stood quietly by and waited. They had a tacit understanding with each other and no one was willing to say a word.
After a while, Yu Guodong successfully completed the check-in formalities, and the group followed him upstairs and entered the room. The room was not big, but it was very warmly decorated, with two beds neatly placed, and the sheets and bedding were clean and tidy. What surprised them even more was that there was a separate shower room in the room.
Zhong Yuemin watched all this, and his excitement was beyond words. He almost cheered out loud, and his joy was beyond words.
"Mr. Zhong, please pack up first. We're going to have lunch, and then we'll take you to sing and dance in the evening. Welcome." Yu Guodong said with a smile on his face, a cunning light flashing in his eyes.
Hou'erpu and Ermaozi's eyes lit up when they heard this. They had never enjoyed such a sumptuous hospitality. However, Zhong Yuemin was indifferent. He looked at the expiration date of the pass and saw that there were only seven days left. He couldn't waste time.
"Forget about eating, singing and dancing. Just focus on doing what I told you to do. The sooner the better." There was a hint of unquestionable authority in Zhong Yuemin's tone.
Yu Guodong couldn't help but shudder in his heart. He didn't dare to refute this big shot. So he nodded and bowed. "Mr. Zhong, I'll do it right away. You guys take a rest first. If nothing unexpected happens, we should be able to trade tomorrow."
Zhong Yuemin nodded with satisfaction, took out a large yellow croaker sample from his pocket and handed it to Yu Guodong. "Take this and let the people over there check if it meets the requirements."
"Ok."
Zhong Yuemin took a good bath in the bathroom. It had been a long time since he had felt this way. He closed his eyes, feeling the refreshing sensation of water droplets sliding across his skin, as if he had returned to the bustling city life of his previous life.
He once thought that he had gotten used to the hard life now, but at this moment, he truly realized his dependence on modern life. Mobile phones, the Internet, cars, and bathrooms are an indispensable part of everyone in the future, but now he really misses them.
Zhong Yuemin couldn't help but think of the saying, "It is easy to go from frugality to luxury, but it is difficult to go from luxury to frugality."
Zhong Yuemin sighed deeply. He had just put on his clothes when he saw Zhou Xiaobai standing there looking at him. "Wife, what are you looking at? Aren't you going to take a shower?"
Zhou Xiaobai sat on the sofa, and there was a dull atmosphere between the two of them. Zhou Xiaobai looked at Zhong Yuemin with a hint of helplessness and confusion in his eyes.
"Yuemin, don't you have anything to say to me?" Zhou Xiaobai finally broke the silence.
Zhong Yuemin was stunned for a moment. He didn't quite understand what Zhou Xiaobai meant. He took a deep breath and tried to make his tone sound more relaxed. "Wife, if you have anything to say, just ask me directly. I'm a bit stupid, so I don't know what you want to know."
Zhou Xiaobai was silent for a while, as if she was sorting out her thoughts. Zhong Yuemin looked at Zhou Xiaobai, trying to read something from her expression. He shook his head and asked in confusion, "Xiaobai, weren't you fine before? What's wrong now? Why are you asking this all of a sudden?"
Zhou Xiaobai took a deep breath and tried to calm himself down. "Yuemin, we have been together for a while. But I feel like you are hiding something from me. You always avoid talking about it, which makes me feel uneasy."
Zhong Yuemin frowned slightly. He didn't expect Zhou Xiaobai to be interested in this topic. "The past is the past. There's nothing to say."
Zhou Xiaobai sighed softly. "Yuemin, I'm not investigating your past, but I want to understand you. We have been together for three years, and you have always been protective and caring towards me, but I know very little about you. For example, what happened to the gold this time?"
Zhong Yuemin was silent for a moment. He understood Zhou Xiaobai's feelings. He took a deep breath and began to tell Zhou Xiaobai about his military career, his comrades who had lived and died together, and the unforgettable battles. He also told Zhou Xiaobai how he got the gold.
Zhou Xiaobai said gently in Zhong Yuemin's arms, "Yuemin, I'm really grateful that you told me this. Your past has made me understand you better and made me love you more. I thought you were going to abandon your daughter and us again."
Zhong Yuemin smiled softly. "Silly wife, I love you too. It's just that I have been through so many things in my life that I don't know where to start. Besides, if I didn't want to tell you, I wouldn't have agreed to let you come, and I wouldn't have told you about this matter in front of you at that time."
"You are stupid." The two hugged each other tightly, and Zhou Xiaobai's doubts disappeared at this moment. Their hearts were closer to each other, and their feelings became deeper.
Yu Guodong was very quick and brought back good news in the afternoon.
"Mr. Zhong, the buyer has been contacted and the transaction is ready at any time." He said softly, but every word was full of power.
Zhong Yuemin was sitting on the sofa, tapping the table with his fingers. He looked up, a hint of doubt flashing in his eyes. "So fast?"
Yu Guodong smiled slightly. "Mr. Zhong, the price of gold has risen sharply, and there is no shortage of buyers. So, if you wait a little longer, the price may be higher."
Zhong Yuemin hesitated for a moment. "What's the current price?"
"The futures price was $847 per ounce, but the physical price was only $840."
After hearing this, Zhong Yuemin's eyes were deep. "Okay, let's prepare for the transaction. But one hand needs to pay the money, and the other hand needs to deliver the goods."
Yu Guodong nodded. "Don't worry, Mr. Zhong. The other party's credibility is fine. Shall we go to trade this afternoon, or tomorrow?"
"Time is running out, let's go now, we have things to do tomorrow."
"Okay Mr. Zhong."
Zhong Yuemin called Ning Wei, and originally did not plan to bring Zhou Xiaobai with him, fearing that something unexpected might happen. Zhou Xiaobai saw his concerns. "Did you forget to teach me boxing? Maybe you can help me when the time comes!"
Zhong Yuemin thought to himself that it didn't matter whether she helped or not, she should have no problem protecting herself, so he took her with him.
"Ding!"
In the dark trading room, this crisp sound was particularly harsh. On the brass tray, a string of sparkling gems seemed to be dancing, as if carrying an indescribable magic.
"132.22 ounces, top quality. $111.06." The old man said in a slightly hoarse voice, his fingers gently sliding over the gems as if he was caressing his own children.
"US$11 in cash and a HSBC check for US$100 million." The person on the other side said lightly, as if this was not a huge fortune, but a box of cigarettes and a bottle of wine.
The sunlight shone through the gaps in the curtains, scattering on the floor of the room. Zhong Yuemin and Zhou Xiaobai sat in front of a large mahogany table. Zhong Yuemin tapped the table lightly with his hands, and Zhou Xiaobai's eyes showed a hint of nervousness.
There were light footsteps outside the door, and then the door was pushed open, and a middle-aged man in a black suit walked in. He had a calm face and deep eyes, and it was obvious at first glance that he was an extraordinary person.
"Sir, here are the cash and checks you requested." The man placed a black suitcase on the table, which was filled with brand new banknotes. He then handed Zhong Yuemin a check with "100 million US dollars" written on it and the seal of HSBC Bank at the bottom.
Zhong Yuemin took the check. He didn't recognize it either! He handed it to Yu Guodong, who took it and checked it carefully. After confirming that it was correct, he nodded. "Mr. Zhong, no problem."
"The deal is done. Happy cooperation." Zhong Yuemin said
The man also nodded. "In that case, I won't keep you any longer. If you need anything in the future, Mr. Zhong, you can contact me at any time."
"Thank you. I will contact you if I need anything." Zhong Yuemin picked up the cash box on the table and walked out, feeling relieved.
The success of this transaction gave Zhong Yuemin the starting capital. He had no choice but to buy gold, otherwise he would not be able to get foreign exchange.
The next day, Yu Guodong brought Zhong Yuemin and his group to the Goldman Sachs business hall in Hong Kong Island. This world-renowned investment bank has attracted countless wealthy people and investors with its rigorous investment attitude and outstanding performance.
As soon as we entered the lobby, a well-dressed account manager came to greet us. He had a professional smile on his face and looked very friendly.
"Gentlemen, hello. I am an account manager at Goldman Sachs. My last name is Li. I am very happy to serve you." He said enthusiastically in Cantonese, which Zhong Yuemin and the others could not understand. Yu Guodong quickly translated.
Zhong Yuemin directly told Yu Guodong, "Tell him that I am going to invest in gold futures."
The account manager looked like a middle-aged man in his thirties, looking at Yu Guodong and Zhong Yuemin with suspicion. He first glanced at Yu Guodong, then at Zhong Yuemin, as if he was guessing their identities and intentions.
Then he asked in Mandarin, "Sir, are you from the mainland?" There was a subtle contempt in his tone, as if implying that people from the mainland were different from them, the locals.
Zhou Xiaobai frowned and asked, "What's wrong with the mainland?" There was a hint of displeasure in her tone, and she was obviously dissatisfied with the foreman's contempt.
The account manager smiled and tried to ease the atmosphere, "Nothing, just curious." However, even though he said it was nothing, he could not hide the contempt on his face.
Zhong Yuemin watched all this and could not help but feel angry. He felt that the account manager's attitude was too unfriendly. He was not only biased against them, but also against all mainlanders, and he even showed it blatantly.
He decided to teach the account manager a lesson. "If I remember correctly, most of the wealthy people in Hong Kong Island came from the mainland, including the four major families in Hong Kong Island. Do you have to ask them if they are from the mainland when they come here?"
The account manager's face twitched, looking at this ignorant young man in front of him, he couldn't help but feel helpless. He had seen the foundation of the four major families in Hong Kong Island, and this young man dared to compare himself with them. How shameless. Isn't this just asking for trouble?
"You misunderstood, I'm just curious." The account manager forced a smile, trying to ease the awkward atmosphere. He knew that professional norms did not allow him to refute the customer, not to mention that he really couldn't find any words to refute.
Zhong Yuemin looked at the account manager's awkward smile and couldn't help laughing. He knew what the foreman was thinking, but he didn't point it out. You have to understand why there is discrimination. The root cause is discrimination against the poor. This kind of discrimination is the same all over the world. The rich generally look down on the poor.
In the international metropolis of Hong Kong Island, high-rise buildings stand in rows and traffic is heavy. Account manager Li Ming, an elite who has worked in the financial circle for many years, has long been accustomed to the prosperity and hustle and bustle of this city. However, a mainlander he met today made him frown.
Looking at the mainland boy in front of him, he was wearing casual clothes, but he couldn't hide his extraordinary temperament. Li Ming sneered in his heart. He was another self-righteous upstart. In Li Ming's eyes, a small customer like him was not worth mentioning at all. However, no matter how small a grasshopper is, it is still meat. "Sir, how much capital do you have? We will provide you with good traders and suggestions for free. We are very professional here and will definitely meet your needs."
After the account manager finished speaking, he stood up again and made a cup of coffee for each of Zhong Yuemin and the others, then sat down and continued talking, his words spreading in the air like ripples. "However, we are not optimistic about the bullish trend of gold at the moment, and we have other better financial products..." His words were full of caution and professionalism, like a cunning fox.
Zhong Yuemin took the coffee and sneered. "Who told you I was going to do too much?" His voice was cold and hard, like a sharp blade.
A trace of surprise flashed across the account manager's face. He obviously did not expect Zhong Yuemin to react like this. He hesitated for a moment, then answered cautiously, "Are you going to short? The price of gold is still fluctuating during the session. Going long or short is not a wise choice."
Zhong Yuemin's eyes became sharper. He looked directly into the account manager's eyes and said in a firm tone, "This is my business and it will not change. You just need to help me open an account and provide an obedient trader. I will be responsible for my own profits and losses." Every word he said was full of power and could not be ignored.
Zhong Yuemin's stubbornness made the account manager feel helpless, but he did not say anything else. Instead, he changed his business recommendation and asked directly, "Mr. Zhong, do you need financing? We can provide a financing ratio of up to 100 times, allowing you to quickly increase your funds." His tone was full of enthusiasm, trying to attract Zhong Yuemin with the opportunity of financing.
Zhong Yuemin was shocked. A 100-fold leverage ratio? This was a huge temptation for him. He had always suffered from insufficient funds. Now, this opportunity seemed to be right in front of him.
The account manager saw Zhong Yuemin's expression and continued to tease him, "How about it, Mr. Zhong? Are you willing to consider financing? I believe that with sufficient financial support, your entrepreneurial dream will be even more brilliant!"
Zhong Yuemin asked, "What is the current price of gold?"
"Please wait a moment. I'll go take a look."
Monkey Butt and Ermaozi complained to Zhong Yuemin. "Yuemin, what did that grandson give us to drink?"
"Yeah, I don't think his grandson has any good intentions. It's really fucking bitter, not a drink for humans."
Zhou Xiaobai burst out laughing, but before he could say anything, the account manager came over. "Mr. Zhong, the current price of gold is $849 per ounce."
Zhong Yuemin stirred his coffee with his hands and thought to himself. How many times of leverage should I use? Damn it, when did I become so timid? Let's take a big gamble. "Manager Li, 100 times leverage for short selling." After saying that, Zhong Yuemin took out a check for 100 million.
The account manager originally thought that the other party was a local old-fashioned person who might have heard the news from someone else and wanted to short gold on impulse, so he just fooled him. However, he did not expect that the other party really wanted 100 times leverage. He was afraid of being held responsible, so he could only smile and say, "Mr. Zhong has the right to choose. The above are all my suggestions. Are you sure you want to use 100 times leverage?"
In the financial market, some people choose to use leverage to invest in order to pursue higher returns. However, using high leverage also means taking on higher risks. The account manager originally thought that Zhong Yuemin was just an old-fashioned person who knew nothing about the financial market. He gave some advice casually, but he didn't expect that Mr. Zhong actually intended to use 100 times leverage to invest in gold. This caught the account manager off guard. He was afraid of taking responsibility, so he had to ask Mr. Zhong if he was sure he wanted to do this. "Mr. Zhong, the above is just my suggestion. Are you sure you want 100 times leverage?"
Zhong Yuemin was a thoughtful person, and he was not swayed by his account manager's words. He knew what he wanted and understood the risks involved in using high leverage. He decided to give it a try, and answered firmly, "Yes, I'm sure I'll use 100 times leverage."
The account manager was stunned. He thought he had explained the risks clearly, but Mr. Zhong obviously had his own ideas. He had to remind him as much as he could. "Mr. Zhong, high leverage means high risk. Once the market goes against the trend, your investment may suffer huge losses. You may even lose everything."
“I know the risks are there, but I think now is a good time to short gold. I trust my judgment.”
The account manager shrugged helplessly and said, "Since you have made up your mind, let's proceed as you wish. Now let's open an account." He knew that it was useless to dissuade those who dared to take risks. He only hoped that Mr. Zhong could make money smoothly instead of becoming a victim of high leverage.
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