novelraw Chapter 143 Delivery Day
Chapter 143 Delivery Day
Chapter 143 Delivery Day
Don't look at Jiang Hao's calm and indifferent appearance.
At this time, he was already thinking about Zhao Nanming's Mingnan Development Bank.
And he is confident that after tomorrow night, even if he can't buy all the shares of Mingnan Bank with the funds in his hands, he can still occupy a place on the board of directors.
……
Time flies, and the day passes.
Huajiang Splendid Office Building, from 7:[-] in the morning, the conference room was full of people.
"Mr. Bai, the price of cotton futures almost fell below [-] last night. You need to help us find a way, or my company will go bankrupt."
"Yes, Boss Bai, the price of cotton is already on the verge of turmoil. If the delivery date doesn't rise tonight, our Jiangnan Cotton Company will have to settle for bankruptcy tomorrow."
"Boss Bai, I listened to your suggestion at the beginning, and there is still a backlog of almost 300 million tons of cotton in the warehouse. How about I sell it all to you at the current price?"
In the meeting room, almost all domestic cotton suppliers.
Regardless of the size of the company, they have hoarded a large amount of cotton in the past few years, waiting to make a fortune.
As a result, the United States broke the news that Ji Jia Cotton Company was about to be acquired, causing futures prices to plummet all the way.
Now in the cotton futures market, the power of short sellers has obviously not been fully exerted. If the price wants to return to the position of [-], everyone has no idea.
Except for the Savazaria Cotton Company taking the lead in organizing a wave of strong bullish attacks the night before yesterday, all the flags died down.
The second wave of offensive that was originally prepared was also forced to give up and wait for the development of things in the face of powerful short sellers.
Yesterday's cotton futures did not fluctuate very much, and there was no large capital involved. Obviously, the main short sellers are also waiting.
Even if there is no main force, the scattered orders will pile up the transaction volume to hundreds of billions.
Cotton futures prices also fell to 8260 from 8030 at the close of the previous night.
What makes everyone even more disturbed is that, except for the strong rise of gold yesterday, almost all futures commodities seem to be crazy, and a large amount of money is outflowing, giving people the illusion that they are about to collapse.
The stock market corresponding to futures is also not doing much better.
The global stock market is in a miserable green, and it is one of the best stocks to find a red-hot stock.
It is not difficult to guess that this is the capital tycoons who are mobilizing funds from the stock market and the futures market, preparing for tonight's decisive battle.
"Quiet!" Bai Jinghai pressed his hands in front of him, and said loudly with a serious face:
"Why are you arguing? Isn't Huajiang Jinxiu not bankrupt yet? Why are you so anxious!"
The noise in the conference room suddenly fell silent, and everyone focused their attention on the seat where the chief was sitting, waiting for him to give everyone instructions.
Bai Jinghai continued: "I have received a notice from the Savazaria Cotton Company. They have joined forces with several of the world's largest capital institutions, such as Atlantic and Lei Kai, and have prepared a large amount of funds. The cotton futures will be delivered tonight. Before that, it was a complete duel with the bears."
……
Downstairs, Bai Hua's office also seemed a bit crowded.
Jiang Hao and others gathered here again, and they were seriously watching the rise and fall of cotton prices.
Jiang Hao first reviewed yesterday's rise and fall curve.
What surprised him was that although his own intervention the day before yesterday had affected the price of cotton futures, the final closing price was still the same as what he saw in the "Prophet", at the same position of 8260.
Moreover, yesterday's trend was the same as the established one. There was no large amount of funds entering the market to go short or long, and finally closed perfectly at a price of 8030.
That is to say, although my behavior has a certain impact on the futures market, but if it is affected, it should be the income of those capital giants.
After the self-healing of the market, the trend of commodities has returned to the right track.
After he read yesterday's trend chart, he couldn't help but let out a long breath.
"Brother Hao, when will we start operating?" Bai Hua said excitedly.
The others are just as eager, and they're all going to have a blast tonight.
"Wait until evening, now is not the time." Jiang Hao said lightly.
After finishing speaking, he looked at Jiang Tian again and asked, "How did you investigate the matter yesterday?"
"It's all checked."
Jiang Tian spoke for a moment, and said: "Zhao Nanming holds 30.00% of the shares of Mingnan Development Bank Seven, of the remaining shares, 18.00% is in the hands of Hongling Capital, Gao Bin Capital accounts for 12.00%, and the remaining 30.00% three Zhao Nanming also accounted for [-]% of the tradable shares."
"It really is an old fox." Jiang Hao smiled.
Even if someone can receive all the tradable shares, it is only 20.00% of the shares.
Zhao Nanming holds a total of 40.00% of the shares and always has the say in the company.
As for Hongling Capital and Gaobin Capital, these two investment companies only invest money to make profits, and they don't take care of Mingnan Bank's affairs.
In order to gain the right to speak of Mingnan Development Bank, it is not enough to collect tradable shares from the stock market.
And if you really want to do this, I am afraid that the stock price of Mingnan Bank will be raised to an unimaginable height in the end.
Just when Jiang Hao was thinking about how to buy Mingnan Bank, Bai Hua suddenly exclaimed.
"It's not good, Coflo has issued an announcement."
Jiang Hao also saw a small window pop up in the lower right corner of the computer where the futures software icon was located.
When he saw the content on the window, the corners of his mouth couldn't help but rise slightly.
Everything is still going according to the established situation.
Coflo Cotton Company of the United States announced that it has completed the property liquidation of Giga Cotton Company.
Ji Jia Company's cotton reserves around the world are 700 million tons.
With the release of this news, you don't need to think about it. After the futures market opens, the price will directly fall into a dog.
The world only consumes 4000 million tons per year, and you directly burst out that there are close to [-] million tons of inventory. Isn't this obviously smashing the price?
The authenticity of the news remains to be verified, but for those who speculate in futures, they have already smelled an opportunity to make money.
There are still a few minutes before the morning market, but Jiang Hao has no intention of starting operations.
Because he knows that this is fake news, and the source of this news is not the American Coflo Company.
This announcement is half-truth and half-false. Coflo Company is indeed acquiring Jijia Cotton Company, but Jijia's property liquidation work has not been completed, and the real cotton reserves are still released at night.
Although Jiang Hao didn't know who released the news, but judging from the price trend of cotton futures in the future, he had a vague guess that the spreader of this news was probably Savazaria Cotton Company.
Because of the trend during the day, although the futures price fell all the way, after falling to a certain point, some people began to buy and do long in large sums.
(End of this chapter)