Chapter 968 [The outcome will be determined tonight]
Lu Ming was determined that CME Group would regret it. If it didn't regret it and was willing to admit defeat, then it would have really bought the physical crude oil.
The game rules and cake distribution plan for this batch of crude oil are that the physical crude oil is given to Wanxiang’s partners for free. If CME Group plays by the rules of the game, then Wanxiang will buy it from its partners and transport it.
Go, the minimum price is no less than 20 US dollars/barrel and no more than 30 US dollars/barrel. For this reason, Wanxiang has priority in changing the price range.
This amount of money must be obtained, and the benefits are large enough to seduce the mole in the United States. Anyway, Wanxiang and its partners have made a lot of money.
In this way, those partners did nothing and made a lot of money by being short-term. Tiansheng Capital is also a white-wolf by short-selling. Even if it spends money to buy 100 million barrels of oil, it can also take away a lot of money.
Large check of dollars in cash.
But in this case, the gambling agreement there will be lost, but it does not matter that the right is the cost of risk hedging, and being able to get oil is definitely the most profitable situation.
But Lu Ming also knows that it is basically impossible to bring the oil with him. This situation will definitely happen. The United States will definitely cheat. I'm sorry, the oil is already given to the partners for free anyway, and the money is taken out of the hands of those partners.
The contracts here have been transferred to partners.
Because the agreement reached with those partners is that as long as Wanxiang's contracts reach negative oil prices and are successfully TAS settled, these contracts will be transferred to the partners and take effect directly.
The other party can get the oil for free and go for physical delivery and charge back a sum of money from the delivery party, but this cash belongs to Wanxiang. At the same time, the partners pay their own money to Wanxiang first, and then the partners go to the delivery party to ask for the money.
, Wanxiang can cash out in advance and leave the market.
For those partners, the contracts in their hands are guaranteed by physical crude oil, so this transaction first guarantees a steady profit without losing money. As long as TAS is obtained, the money will be transferred directly to the account designated by Wanxiang. Partners
The risk taken in this process is that the physical delivery party will not pay the money.
But you are not afraid that the other party will not pay you. If you file a lawsuit, you will definitely win.
Not only is there a guaranteed profit for physical crude oil, but even if the lawsuit is filed in the end, they will earn as much as they recover, so the partners are not worried about losing money on this transaction, it is just a matter of making more or less.
As for whether the Chinese people lost money or the Chinese people lost money, the partners said it was none of my business. As long as I can make money without losing money, that is more important than anything else.
When Wanxiang got the money, it immediately ran away with liquid cash, and the situation was similar even if it defaulted on the contract there. Once the CME Group cheated and won the bet, the liquidated damages were transferred and it was directly withdrawn from the North American capital market.
If CME Group defaults on the contract, Wanxiang and its partners will be uncomfortable and will definitely be furious, because at this time the money has been transferred to the account designated by Wanxiang, and the money will not stay in the account.
It will be transferred immediately upon arrival, and it will not stay in the North American financial system for a moment.
As for what happened next, that was a matter for them and the Americans to fight among themselves. This was originally a one-shot deal.
Wanxiang Group can also blame its partners at that time. CME Group's cheating has nothing to do with Wanxiang. If you go to CME Group to negotiate, it is impossible for me to refund the money to you. Between us
There was no breach of contract. The problem is not with me, but with CME Group. You can't ask me for money. That doesn't make sense.
Moreover, when Wang Yue decided to do this deal, he was already prepared to give up the foundation he had built over many years of business in North America in exchange for a favor from Lu Ming or Tiansheng Capital.
Tiansheng Capital's favor, or rather Lu Ming's favor, is worth a lot of money.
Sell those partners in exchange for Lu Ming's favor. This deal will definitely make a profit.
"I have no doubt that this business will make money after this business is completed. I have no doubt of your ability, brother. It's just a pity that Wanxiang has been operating in North America for so many years. I will definitely not be able to survive there in the future." At this time.
Wang Yue said with a long sigh.
When Lu Ming heard the tone of his words, he smiled inwardly. This old guy was also an old fox who knew how to get into trouble.
The complaints started so quickly. The translation of Mr. Wang’s words is: Wanxiang suffered heavy losses in order to cooperate with you in this deal. For your sake, it bought out the teammates there, and the situation that it worked hard to manage overseas was in vain.
Are you loyal enough? Is it true love? Brother, you can't let me suffer such a big loss, can you? If something good happens in the future, remember to be the first to call brother to get in the car and eat big meat!
This is what Mr. Wang wants to express.
Easy to say, easy to say.
Lu Ming said with a smile: "If Mr. Wang has ample liquidity on hand, he can buy more Tiansheng stocks during April 28. The price may not be so cheap in the future."
As soon as these words came out, Mr. Wang's heart suddenly cheered up, my brother is really interesting.
Naturally, there was no need to say anything more. Lu Ming personally said that he would buy Tiansheng's stocks and also revealed the specific date. Regarding the US$1.16 trillion that had been frozen by the United States, although Wang Yue did not know the specific situation, he
I am increasingly convinced that there will definitely be a major reversal that exceeds market expectations.
In a simple word, it is money!
Finally, Wang Yue said with a smile: "Wanxiang has a liquidity of 30 to 40 billion yuan."
Lu Mingyan said concisely: "Then let's make three hundred."
Hearing this, Mr. Wang immediately understood. When he said the liquidity scale of his company, he was actually asking how much he could buy?
If Lu Ming's answer is casual, it means that Wanxiang can still reveal it to people in your circle of friends to buy if he has bought enough. If he gives an exact number, it means that Wanxiang should not leak the information to others.
It's enough for the whole family, you can only buy so much, or you give up your share to others.
This is dividing the cake!
…
The next day, Monday, April 20th.
Today is the last trading day of the WTI crude oil 2005 contract, because physical delivery will begin tomorrow, April 21. For speculators who do not have the ability to deliver physical goods, today is the last day to close their positions, otherwise they will be forced to liquidate or pay liquidated damages.
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At this time, the A-share market during the day was going quite well, while the price of WIT crude oil futures next door was fluctuating to a new low. However, everyone seemed to be okay with it, and there was not much panic in the A-share market.
After all, the constant chatter about oil prices has made me tired and used to it.
As of the close, the Shanghai Composite Index closed up +0.50% at 2852.55 points. The market fluctuated and closed higher with a small positive line. Volume energy continued to decline, and it was another trend of shrinking volume and rising prices.
Tiansheng Holdings closed up +1.13% today, with the stock price closing at 143,532.59 yuan, with a trading volume of 514 yuan, and an after-hours market value of 11.48 trillion yuan. The stock king closed higher today, and the closing price was also the highest price of the day.
All those who are watching the stock market and waiting for it to break through are almost crying. Today's closing price is 143,568.86 yuan away from the previous high. It only needs to rise 36.27 yuan to pass the new high. It is only +0.02% higher than the all-time high.
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It's just a small difference, and it's hard to survive.
Yesterday, it was just a little bit close to going high, but it fell back. The highest price yesterday was 143,332.39 yuan. It only needed to increase by +0.16% to reach a new record high, but it didn't go up.
The king of stocks should be broken, and everyone is watching him reach a new record high, but he doesn't rush, but makes everyone feel weak.
So the market has shrunk today, and everyone's current psychological expectation is that the stock kings will either rush in and heat up the market, or they will simply adjust happily. There will be no break here, which makes everyone feel anxious.
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But the stock king was just there teasing, not going up to make a breakthrough, nor coming down. Everyone's mentality was made more and more irritable by the stock king.
At the same time, the crude oil futures market continues to fluctuate and fall. At the same time, customers of Yuanyoubao received a text message from the platform reminding that "2005 crude oil products" will stop trading at 22:00 tonight.
As the time approaches night, Lu Ming also begins to pay attention to the trend of WTI crude oil futures prices. Tonight is the moment to decide the outcome.
