Chapter 279 Before the war

Su Cheng and the muddle-headed Director Huang sent Su Zhenguo and others into the car in turn.

The important minister of the Su Department shook hands with Su Cheng without exception and reintroduced it. Duan Yuanguang also invited Su Cheng to dinner.

Seeing this scene, Wang Lizhen turned to the car angrily, pushed Su Dongyuan hard, and said angrily, "Why don't you talk?"

Su Dongyuan said boredly, "What can I say?"

"That's it? Are you happy?" In Wang Lizhen's words, there is a sense of jealousy. If she hadn't been so obvious before, at that time, Su Xing still had a bright future, and Wang's family still had not weak economic strength...

Su Dongyuan looked at the hustle and bustle outside the window and said happily, "What am I happy about? That's all I can do."

"What do you mean?" Wang Lizhen didn't expect to wait for such a [answer] case.

Su Dongyuan smiled strangely and said, "Do you know how much money Su Cheng made?"

Wang Lizhen is not ** to the economy, and it's also a matter of Sucheng. She only felt that the noise in the villa was serious. She didn't think about how much money transfer could be generated by the falling oil price of dozens of cents and dozens of cents. She just asked in Su Dongyuan's tone, "How much did

"When we leave, the oil price in London is more than 28. Professor Dai said that it is not final. According to this figure, Dahua earns an average of 4 to 6 US dollars per barrel, and nearly 30 million barrels are at least... 1.2 billion. Dollars!" Su Dongyuan said that his lips were dry.

Wang Lizhen needs to think carefully to know what $1.2 billion means.

Su Xing's turbid eyes lit up: "1.2 billion US dollars is 600 million yuan!"

Since 1990, the RMB has entered the channel of depreciation. By the beginning of 1991, the relationship between the US dollar and the RMB was about one to five. In this way, the People's Bank of China still strictly controls foreign exchange.

Wang Lizhen repeated inconvinced with the previous statement: "60,000?"

"You can buy 3,000 Santana." Su Xing also converted it with what he was familiar with.

When the two of them said this, they were all stunned.

Wang Lizhen didn't have the usual shrewdness and said sullenly, "In such a while, Su Cheng has made so much money?"

"If the oil price is 1 dollar lower, Sucheng will earn 30 million more." Su Dongyuan closed his eyes, put his head behind him, and said, "What can I say now? Look at Duanbu's appearance. I don't think he is so good to his grandson.

After 2000, officials at the level of Su Dongyuan would not pay attention to one or two million US dollars. But in 1991, foreign investment was 200 million US dollars, which was also a major event for him to come forward, not to mention private profits. From the point of view of the important ministers of the Soviet Union, this is not only a matter of money, but also a matter of ability.

Su Xing had long lost hope for his official career. Thinking that Su Cheng had made such a big profit in such a short time, after being shocked, the fog in front of him seemed to have been pushed away, clenched into a fist, and said, "Finance is really profitable."

Su Dongyuan stared at him fiercely: "Just see the thief eating meat, don't see the thief being beaten. Dahua Group made 1.2 billion US dollars, and the State Reserve lost at least 20 million. You didn't see Director Mao's face darker than the stove.

Director Mao didn't stop at the hostel and got on the bus at all.

He was as afraid of being asked for money as Director Huang a few days ago.

Now the State Reserve has stepped out of the cliff with one foot. Before the end of the decline, there is almost no chance to close the position, and as long as the price continues to fall, the State Reserve will take out more money to pay the margin, or completely give up and admit defeat.

Of course, Director Huang can't admit defeat and lost $25 million. Zhu Enbo is naturally finished, and he is not much better.

Continuing to pay the deposit is actually to continue your life, which belongs to drinking poison to quench thirst. But that's all it can be.

Looking at Su Zhenguo's convoy away, Director Huang wiped his face and grabbed Su Cheng and shouted, "Su Dong, help."

He really pulled Su Cheng's sleeve, his fingers were white, and he didn't want to let go anyway.

The two did not have a deep hatred. Su Cheng sighed, stood there and said, "How do you want me to save it?

Director Huang was also at a loss. He just wants to save his life!

Although there was no accurate idea, Director Huang was not stupid and said directly, "Please ask Director Su to teach me."

Su Cheng thought for a moment and said, "If you believe me, follow **. If you don't believe it, forget it."

After saying that, he went back to the villa.

Director Huang didn't expect that there would be such a [answer] case. He blew in the cold wind for a moment and stamped his foot and followed in.

In the

hall, the short celebration of Dahua Group has come to an end. Zhang Chao organized manpower to start filling in all the necessary documents and making records.

The wave curves on the three screens have finally changed, and you can see that the white lines have plummeted since $34, and $28 seems to be untenable.

Su Cheng sat at the table and thought for a while, and then called Zhang Chao and two other main traders and asked, "You are ready to close your positions at any time. How long will it take?

"Now? 28 million barrels can be sold out in 10 minutes, and the market is full of orders waiting for people to buy. Zhang Chao said it easily, and he touched his head with embarrassment and said, "What is the psychological price of Su Dong?"

"25 dollars, or before the close."

The two main traders took a breath of cold air, and one of them was shocked and said, "Dong Su thinks that it can fall to $25 before closing?"

A drop of another $3 means another $100 million.

Su Cheng said calmly, "The ideal price is 25, and it doesn't matter if you can't reach it."

The two looked at each other and said slowly, "If the market is still generally down, we expect that there will be no problem in closing the position one hour in advance, but if others choose the same time, there may be accidents."

They are actually asking Sucheng if there is any inside information. In the oil futures market, insider news is really common. If this news is known to many people, then many people will probably close their positions, prolonging the closing time and reducing returns. Otherwise, everyone will rush to short, and it will be extremely easy for them to close their positions.

Su Cheng shook his head and said, "Just close the position one hour in advance. Then, transfer all the funds to the New York Mercantile Exchange.

The time when the United States officially launched the Gulf War was in the early morning of January 17. Sioux City did not remember the specific time. However, because Baghdad time was 3 hours later than London time and 8 hours later than New York, the safe way is to trade futures in New York, not London.

Although the two main traders did not understand, they still prepared according to their words.

Su Cheng shouted at Zhang Chao and whispered, "You also make a plan. No matter whether you lose or earn money in the New York futures market tomorrow, I can pull it out in up to 2 hours at most."

Zhang Chao thought he was cautious and worried about affecting the heart of the army, so he secretly ordered that he didn't think much about it and made preparations.

Su Cheng rubbed his face fiercely and rubbed his hands again. He said that two hours is not a casual imaginary number, but a [true] foundation.

Because of the first two hours of the Gulf War on January 17, oil prices soared to $42 per barrel.

It's only two hours.

Before 1991, no one could really imagine that a far-reaching war, when it happened, only affected the futures market for two hours!

Perhaps, this is its far-reaching significance.

Su Cheng looked at the time. When he was ready to close his position, he waved to Director Huang and said, "We are ready to clear the position and leave. I'll tell you in advance."

This news is impossible to save the State Reserve Center, but it can save them from bankruptcy and owe the country too much. As for the final fate of Director Huang, Zhu Enbo and others, it will not change because of recovering millions of losses.