Chapter 769 - 318: How Much Is the Reward for Taking a Concubine?

Chapter 769: Chapter 318: How Much Is the Reward for Taking a Concubine?

In the eyes of those deceived stock investors, apart from Kuai Pai, all other platforms are utterly disgusting.

From then on, they would have a lingering shadow in their hearts, that those platforms are all heartless bastards.

If only those financial influencers could get the market trends right for just one day, it would offer them some psychological comfort.

But what happened after seven or eight days of constant promises? Was there even a single day that followed their predictions?

A bunch of unscrupulous fraudsters! 𝑓𝑟ℯℴ𝓂

What good can come from such platforms?

Because their interests were severely affected, they became extreme, even finding it unpleasant to see people around them using those platforms.

After coming to the Kuai Pai platform, those people finally found a home.

It also brought more funds into the market, allowing the trends to continue.

A virtuous cycle was thus born.

With the market trends moving upwards continuously for several days, more and more people from other platforms felt duped, and even those financial influencers they once thought to be erudite became detestable.

Amidst the various dynamics, more people flooded into Kuai Pai.

Li Yang watched as the market trends gradually solidified, with new funds joining the fray daily, yet he didn’t invest any more of his remaining money.

After all, he had already poured too much money in.

In these two weeks, he forcefully injected 300 billion into it, and although Wanliu Capital saw over 200 billion worth of funds moving out, its scale still broke through one trillion.

The trillion-dollar-scale fund does not even include that QDII.

That QDII fund has already fully transitioned to a short position, and it’s still possible to open short positions now, but in a few days, it won’t even be possible.

Recently, the international community has reacted, realizing that less than 30% of domestic enterprises are operational, resulting in a sharp drop in crude oil imports.

But crude oil isn’t something that can be reduced in production at will; a hasty reduction could ruin entire oil wells, causing even greater losses.

Therefore, in recent days, crude oil prices have fallen by 20%, and Li Yang had already laid out plans in crude oil futures, holding a substantial number of short positions since last year, mainly for April and May.

Every year, global crude oil production is valued at about 2.6 trillion US Dollars, and most of this oil appears on the market in the form of futures.

Crude oil futures are generally settled once a month, though some have settlement periods of three months, six months, or even a year.

By the end of last year, Li Yang had already absorbed plenty of three-month and six-month short positions and only needed to buy long contracts to return to the other party before settlement.

On average, about 5 billion US Dollars in contracts were opened each month, which wasn’t significantly impactful relative to the entire crude oil market.

He hadn’t used excessively high leverage, only six times.

Currently, Chen Peipei’s end is holding approximately 30 billion US Dollars worth of short positions in crude oil, with some to be settled by the end of March, and he’s already prepared to repay contracts; those for the end of April and May are still far off.

With the recent decline in international crude oil prices, market volatility has increased, bringing in even more funds.

The 20% drop offers enough room for maneuvering for many adventurous funds.

Although many believe the crude oil market won’t recover soon, few truly think it will keep falling.

A 20% retreat is already astonishing, causing nearly a 10% drop in several major US Stock indices.

For funds long engaged in oil futures, they are now frantically amplifying bets, wagering on an oil rebound.

Anyway, when Chen Peipei gets a chance, she tops up the margin for shorting, and there’s always capital in the market to take over.

February has just passed its twentieth day, and for March’s crude oil futures short positions, Chen Peipei has already taken in 10 billion US Dollars, with market activity up 30% compared to before; 10 billion US Dollars hasn’t stirred much of a ripple.

She hasn’t bought much for this month’s contracts, with only a few days left, crude oil will still see a slight pull.

The cause is OPEC’s decision to cut production, feeding market expectations.

However, everyone overlooked one thing.

The United States is the world’s largest oil exporter.

On one hand, the United States is the world’s largest oil importer, on the other, it’s the largest exporter, making it so global production cannot just be reduced unilaterally.

OPEC indeed prepares for production cuts but with almost no impact on market supply.

Moreover, OPEC discussions are for starting cuts after June, not now.

In half a month, crude oil will have fallen 40% since the beginning of the year, at which point many will realize the futility of stopping it.

So, Li Yang still has a half-month opportunity to grab contracts.

He doesn’t know how many he can seize, but at least he can recover the tens of billions lost in the oil treasure incident.

This money, he intends to earn himself, not leaving any for others.

They deserved to bear that loss in the oil treasure affair.

He’s not the only one shorting oil on the market, there are other funds too, and quite a few.

Currently, the financial market is a scene of chaos, with Wall Street probably gearing up for shorting as well.

They have always loved using black swans for speculation; usually, this is how the US Stocks rhythm goes.

On one hand, they tell external investors that US Stocks are the world’s most worthwhile investment; on the other hand, whenever a black swan appears, US Stocks dare to plummet to the bottom.

Wall Street will seize the opportunity to profit, and later buy back its chips at low prices, waiting for market funds to refill and slowly patch up the gap.

If the US Dollar hadn’t been overissued, the funding ratio within US Stocks would have changed considerably.