I really just want to make money

Chapter 237 Betting on a Heartbeat

Chapter 237

There was no disappointment on George's face. He was sure that Zhang Hua would definitely bring him business when he came this time. As he said, the time of people like Zhang Hua is much more valuable than theirs. It's impossible to come here to play.

Moreover, as far as George knows, mainlanders are more reserved. If there is no corresponding business for you, they will not enjoy your services. At first, these things are not very attractive.

Zhang Hua smiled and said to George: "I'll go to the hotel to settle down first, when do you have time tomorrow morning?"

"There is always time, waiting for your arrival at any time!" George laughed.

Zhang Hua nodded and said, "Then ten o'clock in the morning, goodbye!"

"Go slowly, Mr. Zhang, I wish you a happy day!" George said with a slight bend!

Fang Wei smacked his mouth, and said enviously: "If only I could make foreigners nod and bow to me sometime!"

"It's not like there's no chance!" Zhang Hua said with a smile: "Well, I know that each of you still has a little money left this time. Each of you will contribute 10 yuan, and I will give you a total of 100 million yuan. Let's take a gamble." How about ruthless?"

"Will you also guarantee [-]% of our capital?" Zhang Yi asked.

Zhang Hua shook his head, and said with a smile: "Since it's a gamble, it proves that I'm not sure. Therefore, the chance of losing money is very high. I don't dare to protect your capital. I can only play with you!"

"So?" Fang Wei asked.

"It's also speculating in foreign exchange, but it's connected with the stock market, and then increase the leverage a little bit. If you want wealth and insurance, you can only lose 10 yuan. If you make a profit, you can earn hundreds of times and hundreds of times. Do you want to give it a try? ?” Zhang Hua laughed.

Zhang Yi was still a little hesitant, but Fang Wei gritted his teeth and said, "It's a gamble, it's only 10 yuan anyway."

"Then I bet too!" Zhang Yi said.

Zhang Hua nodded with a smile, "Then try it and have fun!"

For food and lodging, Zhang Hua doesn't have any special pursuits. He can eat vegetables, tofu, pork, beef, sheep and horses, chicken, duck and fish, and can sleep on a flat and hard bed. It doesn't feel too bad if the conditions are better.

The next day, after waking up from the hotel, Zhang Hua had a casual breakfast and took Fang Wei and Zhang Yi directly to Hang Seng Bank.

With 25 million funds, 100 times the leverage can be enlarged to [-] billion to short Korean won. In fact, foreign exchange speculation can use a lot of leverage, even if the leverage is [-] times, it is normal, because foreign exchange is generally relatively stable, and the situation of rising or falling by a percentage point is very small. few.

Unlike stocks, where a fluctuation is just a few percentage points, even for the broader market, a fluctuation of [-]% a day is normal.

However, Zhang Hua still chose a stable multiple of 25 times leverage, mainly because he knew that the Korean won would fall sharply this time, even if it was only 25 times the profit, it would be a lot of profit, and the money was not Zhang Hua’s alone. Before making money, he had to guarantee Not bad.

After signing the contract of 100 million yuan, Zhang Hua handed over a check of [-] million yuan to George, and said with a smile: "Let's make another small order, one hundred times the leverage, and then double the leverage to short the stock!"

George was stunned for a moment, and said: "That's [-] times the leverage to short stocks. If there is a fluctuation of [-]%, you will lose all. If you include foreign exchange fluctuations, it will only be faster. Mr. Zhang, are you sure you want to do this?"

"Sure!" Zhang Hua asked, "Can't you?"

"Of course it's possible!" George thought for a while and explained, "But with such a high leverage, there's no time to react, so Mr. Zhang needs to mortgage ten times the deposit, so as not to be too fluctuated and too late to react, Our bank is losing money."

This is equivalent to the bank buying stocks for 100 million. If the market drops by 200, Zhang Hua’s [-] million will be gone in an instant. If the bank has no time to sell, the stock has already fallen by [-]% For one, the bank lost [-] million yuan, and Zhang Hua must be compensated for this loss.

"Yes!" Zhang Hua nodded and said, "Short Korean won with [-] times leverage first, and you prepare [-] million stocks for me to store. As for when to sell, we will wait and see. Is this okay?"

"Of course, our bank can raise [-] million stocks at any time!" George laughed.

Shorting stocks is actually the same as shorting foreign exchange. They both raise funds and sell them first, and then wait for the price to drop, then buy them back and return them to others to make money from the price difference.

If the price has risen, you will naturally have to spend more money when you buy it back, and there will be a loss.

Finance is actually about having more money than anyone else, especially in countries with a free and open economy, where you have enough money, you can be a banker, and generally you can make a stable profit.

Zhang Hua naturally doesn't have much money, but relying on his foresight, he can follow the banker and make a little money.

In the next few days, Zhang Hua took Zhang Yi and Fang Wei to Hang Seng Bank every day to check the exchange rate of the Korean won and the rise and fall of the stock market.

Lao Suo hasn't done anything yet, so the exchange rate is relatively stable, and the stock market also rises and falls within one percent.

It went on like this for a week, and the stock market went up for three consecutive days, with an increase of more than 100%. If Zhang Hua had shorted stocks from the beginning, he would have already lost [-] million yuan.

George sighed, and said, "Too high leverage is actually not suitable for stock speculation. The rise of stocks is much greater than that of foreign exchange."

Seeing that the market rose another [-], Zhang Hua squinted his eyes, and said, "Now, throw out the [-] million stocks you have prepared!"

"Sure?"

"Sure!"

Without hesitation, George stepped forward and put up a [-] million stock sell order, which was bought instantly.

"Mr. Zhang, the transaction has been completed. If the stock rises by more than 100%, you will lose your [-] million. It is probably safe today, but you won't know tomorrow." George reminded.

Zhang Hua nodded with a smile, and said, "I know, it's only 100 million. Even if the market rises by [-]% in an instant, I can afford it."

It is not uncommon for a single stock to rise or fall by 5.00% or [-]% in an instant, but it is difficult for the market to rise by [-]% in an instant, and it is easy to fall, as long as someone has enough money to short.

For example, Lao Suo!

Zhang Yi and Fang Wei looked at the market nervously, and the number [-] was bouncing up and down. Suddenly Fang Wei's eyes bulged up, and Zhang Yi shouted in a hurried voice: "It's dropped by one percent all of a sudden. .”

(End of this chapter)