Chapter 917 - 369: You Really Aren’t a Good Person! (Part 2)

Chapter 917: Chapter 369: You Really Aren’t a Good Person! (Part 2)

"Oh... that’s mine! You said I could buy as much as I wanted, and I’ve already shared half with you before. This time it has nothing to do with you."

"I’m not asking you for it!"

"By the way, I agreed to what Qingqing said last time."

"Huh?"

"I’ll give it to you when I go back in a while."

"Huh?"

...

Gao Yuanshan was checking the financial status of Jiang Banxia’s project department.

Three trillion, converted to 460 billion US Dollars overall, Jiang Banxia currently holds a tenfold leveraged short position against US Bonds in the secondary market, totaling 2600 billion US Dollars in short contracts, with a margin of 260 billion US Dollars.

Holding Boeing worth 64.2 billion US Dollars, the net value increased by 103%, and now Boeing’s market value has returned to 3300 billion US Dollars.

Threefold leveraged contracts on Bitcoin long positions of 20 billion US Dollars, and threefold leveraged short position contracts of 68.2 billion US Dollars.

And a series of financial products, mostly focused on shorting US Bonds, such as going long on the US Dollar in the forex market.

Currently, there’s still 150 billion US Dollars in the account without any operations.

For Gao Yuanshan, this is a scary number, the leverage pulled by Jiang Banxia is too high, and she plays with high-risk products.

Bitcoin trading might be against regulations, but they have the final say, so Gao Yuanshan didn’t pay much attention.

Just purely feeling that Jiang Banxia is playing too crazily.

Doesn’t Jiang Banxia do risk hedging?

Big domestic companies generally do risk hedging, like companies that produce lithium carbonate, often buying short contracts in the market to ensure their profits.

For example, now lithium carbonate is 400,000 per ton, to stabilize profits, based on their production capacity, they open corresponding short contracts.

An annual capacity of ten thousand tons, they would open at least six thousand tons of short contracts.

No matter if lithium carbonate falls, short contracts can make money to cushion some losses.

If lithium carbonate increases in price, the company’s product profits will increase to cushion the loss from short contracts.

Similar to the lock-in method commonly used in the A-share market.

In the A-share market, some people would buy a stock on the day it hit the trading limit.

Worried about uncontrollable conditions the next day, they would use margin tools to sell their held stocks, needing only to return the stock number to the broker the next day regardless of the change in price, thus eliminating concerns about price fluctuations.

It’s equivalent to locking in profits in advance, and it doesn’t matter if they profit or lose the next day.

Of course, there are some exceptions in companies.

Like Qingshan Group.

They used this method to hedge against nickel price fluctuations risk, resulting in... over-opening of short contracts without keeping up with production capacity.

Eventually, manipulated by attentive parties, nickel contract prices soared, and a large number of short contracts faced liquidation, continuously requiring additional margins, resulting in losses of hundreds of billions.

At this time, Li Yang was paying attention to the matter and after careful investigation, found that now was not a good time.

End of August, in a booth at Ruyi Hall.

Li Yang invited Jiang Banxia over for dinner, and ate her in the meantime.

"I’ve invited you for a meal, waive it?"

"No waiving!"

"Then I’ll exchange intel with you, and you waive it for me."

"No way! The profit isn’t mine, I aim to pay off the debt before remarrying, so I won’t feel humiliated in front of you afterward."

"Pfft, pfft, pfft, you were the one unwilling to lift your head just now, I didn’t force you."

"Anyway, no waiving, there’s still 469.5 times!"

"Someone is going long on Qingshan Group, the over-opening of short contracts in Qingshan Group has been discovered by someone, the other’s move is significant, I’m too lazy to operate, you can try if you have spare funds."

Jiang Banxia asked, "Going long in the futures market? Aren’t they afraid of someone dumping spot to them?"

"They are betting you can’t come up with enough spot. Qingshan Group holds too many short contracts, and spot hedging can’t be done."

If spot can’t hedge the short contracts, then losses from the short contracts are also company losses.

Generally, spot and short contracts match in quantity to lock in 100% profit.

But Qingshan Group, whether due to greed or other reasons, has always been bearish on the nickel market, neglecting the opened short contracts.

Consequently, additional margins were added multiple times, but still losing hundreds of billions in coordination with other parties.

If it weren’t for the government’s intervention to coordinate and find ways to supplement the spot, the losses would have surpassed 100 billion US Dollars.

"Oh, then now is not a good time either."

"Well, just take a look at the situation, who knows, maybe you’ll grab something big."

Next February, a sudden black swan event would be the straw that breaks the camel’s back because Da Mao’s House’s nickel isn’t allowed to enter the international market, being sanctioned, and the exchanges don’t recognize their products.

There was a global shortage of nickel, and demand wasn’t low.

If Li Yang operated, he would probably help ease the situation, preventing Qingshan Group from losing too much money.

He wouldn’t earn much, after all, it was someone else’s operation, he’d follow to sip the soup, max earning a few billion or ten billion US Dollars.

Jiang Banxia operating is different; she’s good at turning the situation to her advantage.

Who knows, it might be another Boeing situation.

After returning home, Jiang Banxia really researched overnight.

She couldn’t tell if there was capital setting up, but since Li Yang said so, there definitely was.

She started thinking about how to make money from this situation following this thought.

The nickel market isn’t small, with an annual scale of thousands of billions, if truly manipulated, the opportunity is great.

Plus the scale of futures isn’t fixed, anyone can open contracts as long as they can deliver as per contract terms.

Just like apples, when production increases, more contracts can be opened.

As long as the market is expanded, even if the counterparty defaults, the margin eaten is enough.

Thus, she went to find Gao Yuanshan, preparing to draw in the opponent first.

At least make the opponent be in a challenging situation.

Now is not the time to act.

Time quickly reached the end of October, less than half a month away from Xue Ning’s due date.

Li Yang was preparing to return.

This year, several companies had no major events, Extreme Shadow Group was just expanding production capacity, not changing the generation next year, what needed to be developed is being developed, what needed to be serviced is being serviced.

Green Water Group had even fewer businesses, relying entirely on the internet support, and local procurement, slightly better than usual, aside from New Year, other times remained off-season.

After all, self-produced products are not sold outside, and it’s not the time to expand production capacity.

Before returning, Wang Cuiping kept urging Li Yang to bring Li Xinyi back, but Li Yang came back alone.

Bring Li Xinyi for what? A new child will soon be added to the family, can they handle it?

The elder’s desire to see children is understandable, just wait for the New Year, it’s not a few months difference.

Better not make mistakes in busy times; it’s bad for everyone.

Returning home, seeing Xue Ning, after not seeing each other for five or six months, Xue Ning visibly gained weight, estimated at more than 120 pounds.

Thirty-two-year-old Xue Ning was in much better shape than when he met her in his last life.

Didn’t fall into despair, nor was tortured by various hardships.

Li Yang brought her luxury items, which still excited her, feeling fond of those things.

Li Yang knew she liked not the luxury goods, but that sense of security.

Xue Ning’s materialism is limited; she never had that big ambition.

Just the day after Li Yang returned, Jiang Yaoting came to visit.

After Li Yang divorced Jiang Banxia, he left, and Jiang Yaoting never had the chance to see Li Yang in person.

After a full half-year, Jiang Yaoting’s anger subsided.

Asked Li Yang to the door, asked: "Is Ningning’s child really yours?"

"Mm."

Li Yang nodded.

"Is Yuqing also yours?"

"Mm."

Jiang Yaoting raised his head to look at the sky.

In reality, he really cared about Xue Ning, all the time treating her like a daughter.

Just that due to various reasons, it wasn’t obvious after all, he and Dou Ying formed a new family, already having Jiang Banxia, should he make Dou Ying bear more?

"Ningning is a good girl... but you, really not a good thing!"