Chapter 40 The first pot of gold
May 29th is the penultimate trading day in May. On this day, Nantou Company and China Electric Holdings and New World Department Store settled the transaction in May.
China Electric Holdings and New World Department Store are both basic components of the Hang Seng Index. In order to stabilize stock prices and control the rise and fall within a certain range, they need to make a part of the hedging investment in the stock.
When stocks rise, investing in futures shorting in proportion in reverse proportion will lead to some losses, but when stocks rise, they will naturally make up for this part of the shortfall.
Sacrifice part of your interests to make your basic industry more stable.
Therefore, this type of investment is essential.
If you do not hedge investment and allow the stock to rise or fall, it may lead to equity instability and more dangerous in the future.
Moreover, this is just a good side. If the stock falls and hedges the investment in reverse, then this part of the loss can be compensated by the returns of the futures market.
So, they were willing to give this money.
This is also the main reason why so many opponents who do long make a fortune but do not hate them when the economy is good.
If you short when the economy is down, don’t say that your opponent will not give you money, kill someone to silence you, or even sue the Securities Commission directly. It is common to cancel the position building contract.
It is impossible to make money by short selling.
For example, during the financial crisis in 2008, countless people saw this possibility, but except for a few speculators who shorted individual stocks, did anyone dare to speculate on the market?
No!
Because you dare to short, your money will be frozen by the US government and you will not be given a penny, and you may even be imprisoned on the charge of disrupting the economy.
Soros once attacked the pound and Southeast Asia, and he used a large amount of funds to buy at the bottom, starting to siege foreign exchange reserves six months in advance, or even one year.
In order to ensure the financial stability of their own countries, governments have to spend money to buy safety.
Just build a position separately, and there is no fool who bets on you.
Because the biggest difference between futures and stocks is that you must first find an opponent to sign a contract, instead of just like stocks, you can go directly to the window and buy it in the market.
The Hang Seng Index futures in May did not fluctuate much, and it rose steadily. Zhao Shanhe and others gained about 3.2 million yuan in capital markets.
After paying three percent stamp duty, the actual income is 3.1 million.
The funds were taken out by Zhao Shanhe and Xu Chen Aifen, and the remaining two million were signed through Daxin Bank and with Sun Hung Kai and Changjiang Industrial's investment department.
They are not fools. The reason they buy short is mainly because their own stocks are rising. I now take out about 30% of the share for reverse operation. Whether the stocks rise or fall, I have money to make.
It's nothing more than making less money.
In early May, Zhao Shanhe spent all his money and took out one million yuan to send Ruan Mei to Japan for treatment.
He got about 70% of the money, which was enough for medical expenses.
The development between him and Ruan Mei was very smooth and peaceful. The two of them were not very close. It was not that Zhao Shanhe didn't want to, but that she was seriously ill.
If you are too excited and cause a heart attack, Zhao Shanhe will not be willing to let it go.
Ruan Mei is a very intellectual and indifferent girl. She has suffered from heart disease since she was a child. She has never considered love or marriage at all.
Now that she is with Zhao Shanhe, she has devoted herself to enjoy this beauty that may disappear at any time.
However, after leaving Zhao Shanhe, she would soon calm down. The threat of her life's disappearance at any time made her lose weight in her own small world.
Zhou Guowei represented Zhao Shanhe and sent Ruan Mei and Grandma Cai to Japan. He is now unable to separate and cannot leave Xiangjiang in order to welcome the World Championships and Asian Games.
In the summer of 1986, the atmosphere of sports was everywhere, and the most eye-catching thing was not the World Championships and Asian Games, but the World Cup.
Today, on the streets of Xiangjiang, there are World Cup sports star signs everywhere.
Zhao Shanhe could only secretly envy him because football is a group sport, and Xiangjiang's foundation is too poor. Even if he trains first-class skills, he will not be able to get good results in the game.
All he can pursue is personal sports.
Now, in addition to freestyle, his breaststroke performance has also improved. When the World Championships are held in August, he will participate in all competitions in these two events.
In order to train his endurance, he now trains on the shore for more than two hours a day, and in the swimming pool for more than four hours.
The original three-person team now has six people, the coach is still Wilson and the assistant is Xia Yunfan. He also has an additional nutritionist, a spokesperson, and a liaison officer.
The expenses for these six people are all borne by the Sports Federation, and Zhao Shanhe is only responsible for training.
However, in the future, 20% of the prizes Zhao Shanhe won through competitions, including endorsement fees, belong to this team, which is equivalent to their prize.
This money is actually not much, and sports will always take no share and there will be another reward.
In developed countries and regions, especially the economy here is developed, the sports foundation is still poor, and the returns are much greater than those in backward areas.
Of course, Zhao Shanhe is not a simple athlete. The reason why he competes is to enhance his fame.
Whether it is the upper class who is now integrated into Xiangjiang or active in the world in the future, and having several world champions as identities, it can help him find common topics with all classes and integrate them.
Just a simple investment businessman, no matter how rich he is, he will face barriers.
Although training is hard, everything is worth it.
Moreover, he was planning to not expand his space first, and then add a skill point to his body and swimming skills.
According to the time and the fixed frequency of getting along with the stutter, he can accumulate a little more in July at most.
After Ruan Mei and Grandma Cai arrived in Japan, they rented an apartment next to Fuzhong City where the hospital was located. Ruan Mei was admitted to the hospital, and Grandma Cai could cook in the apartment and take care of Ruan Mei's life.
Ruan Mei conducted a comprehensive examination and had several extremely high indicators in her body, so she needed to regulate her body first.
This stage will take at least one or two months, or even more than three months.
Zhou Guowei arranged the hospital and hired a student who knew Chinese to translator to take care of their lives.
At the end of June, Zhao Shanhe had accumulated enough energy points, transforming the energy points into skill points, increasing 0.2 to endurance, speed and strength respectively.
He is currently in place for a while, and the remaining 0.4 points are added to the swimming skills.
This increase also blocked Zhao Shanhe's last shortcoming, that is, his body has not yet fully developed and his endurance is somewhat lacking.
Now that he has swam 1,500 meters, his consumption will not be very large.
At the same time, his 100-meter freestyle speed increased by more than 0.1 seconds.
The world record today is no longer Matt Biondi's 48.95 seconds, but Zhao Shanhe's record of 48.60 seconds set by him in the qualifying round.
Now, Zhao Shanhe can improve the record by 0.1 second, which means that even if he is not in good condition that day, there is room for mistakes.
Zhao Shanhe doesn't have much memory of swimming records. He only remembers when the coach chatted with him in his previous life that the world record of 50 meters and 100 meters was maintained by Brazilian player Sierro Ferro. It was 20 seconds 91 and 46 seconds 91 respectively. However, that was all in 2009.
Zhao Shanhe's current results can already win the championship steadily. Now, he only needs to adjust his status according to the intensity of the game.
At the end of June, Zhao Shanhe gained even more this month, and the four contracts he established contributed a total of nearly nine million to him.
By this time, his company's funds had exceeded 13 million and he could become a small dealer.
In early July, Zhao Shanhe was busy establishing long positions and finding the right bet. It was not until mid-July that all the funds turned into contracts.
And this month, he was busy with one thing, that was, he found a girls' college for Xiaoshu and continued to go to school.
Located in Central, Hong Kong Island, this school is an affiliated organization of a Lady Club, specializing in teaching women about food, clothing, housing and transportation, including personal taste improvement.
Zhao Shanhe, a poor student, no longer expects her to succeed in her studies, and she has no interest in learning. She is interested in learning these things herself, and after learning them, she can apply what she has learned.
Anyway, he will take care of Zhao Shanhe in the future, so he will be willing to spend as much as possible.
At the end of July, the first batch of contracts were automatically converted into October contracts. At the same time, Zhao Shanhe earned more than 60 million yuan in revenue at one time.
At this time, he reached a new bet with New World Department Store and China Electric Power Holdings on the contract format.
This will reduce part of Zhao Shanhe's profits, but will allow the other party to adjust the hedging funds more calmly.
Futures contracts can be settled by negotiation, and in many cases, they will not be delivered completely according to the contract.
It's a bit like at the gambling table, where I can add a little more chips or reduce some chips. As long as both parties agree, they can settle according to the new plan.
After receiving the 60 million yuan in funds, Zhao Shanhe had no time to enjoy the joy brought by money, so he arrived from Xiangjiang from Xiangjiang with his mother, Xiaoshu, and his team.
This World Championships will be held at the Media Swimming Centre in northern Madrid and will start on August 13 and end on the 23rd.
Zhao Shanhe was shocked by the world during the qualifying round. After arriving this time, he was enthusiastically sought after by the media.
From getting off the plane to every time he undergoes a physical examination, the news will be published in the media.
The World Cup has come to an end, and Europeans and Americans don’t care about the Asian Games. Now he is a budding newcomer.
He broke the monopoly of European and American (mainly white) in swimming events, making his news hot lately.
Chapter completed!