Qing Tian

Chapter 350 Do Not Be Too Greedy!

After returning from the restroom, Qin Chuan overheard Li Chunsheng and Xu Ronghua chatting and occasionally cracking lewd jokes.

Men, especially older men, when chatting together, besides business, it's usually about women.

Qin Chuan hadn't expected that the seemingly honest and simple Li Chunsheng also had such a lecherous side, and was incredibly experienced.

As for Xu Ronghua, he wasn't an easy character either, able to readily name all sorts of fun places in Shicheng at the drop of a hat...

"You guys are really my kind of people!"

Qin Chuan felt delighted and immediately joined their group. Thus, the three men began to chat idly over drinks and meat.

Interestingly, during this time, no one brought up any other topics.

The three of them drank from past seven in the evening until past eleven at night before concluding their meal.

They exchanged contact information, and all of them were quite drunk.

Being alone in the city, Qin Chuan found it easy to find a nearby hotel to stay. Li Chunsheng and Xu Ronghua, on the other hand, took taxis home.

Unknowingly, several days had passed.

During these few days, perhaps due to company matters, Ye Meiyun hadn't contacted Qin Chuan, and they only spoke on the phone occasionally.

Qin Chuan didn't inquire too much about Ye Meiyun's situation, as he genuinely couldn't help this time. He even occasionally thought wickedly, hoping that Mr. Xue from Ziguang Electronics Factory would act quickly.

It was best if his desired outcome occurred, as only then could he poach all three of them to his side.

Human nature is selfish. Ye Qingping had presented Qin Chuan with such a difficult challenge. Since Qin Chuan himself didn't understand technology, he naturally needed help from people who truly understood the field.

And undoubtedly, Ye Meiyun, Li Chunsheng, or Section Chief Xu were all the most suitable candidates.

If he could recruit all three of them, he would have the confidence to take over Xinhua Electronics Factory.

During these leisure days, Qin Chuan returned to his life in the provincial capital, visiting the futures trading hall daily to observe the market conditions.

It's worth mentioning that the Hong Kong market had been performing well in the past few days. Although the index gains weren't significant, it rose every day.

Over the week, the index had risen by a total of four percent.

His and his brother-in-law's profits were also considerable. Despite investing five million, with the ten times leverage, they had earned around two million.

Qin Chuan was satisfied with this return, but Yang Conglong, his brother-in-law, was somewhat displeased. He complained, "If we had gone all in like in the early stages, with ten times leverage, we could have made nearly ten million more this time!"

Qin Chuan raised an eyebrow. He felt his brother-in-law was getting a bit overconfident, as if the futures market were his personal treasury from which he could withdraw money at will.

The Hang Seng Index was indeed in an upward trend until the end of the month, but who's to say there wouldn't be any fluctuations during this period?

Were those international speculators and large capital players just meekly submitting to pressure from Hong Kong, like dead fish on a chopping board?

If that were the case, those international speculators wouldn't dare to aggressively short the Hang Seng Index.

Qin Chuan explained his thoughts to Yang Conglong point by point and sternly warned him not to be too greedy. Otherwise, despite the current profits, a sharp decline could erase all gains.

Hearing Qin Chuan, who had always been polite and fawning towards him, suddenly change his attitude and sternly warn him, Yang Conglong smiled awkwardly. He had just been speaking casually and didn't mean it seriously.

Soon after the two-day holiday, the market reopened.

Today was August 24th, and August was essentially the last week of trading, the final battleground, as futures contracts have expiration dates.

The contracts bought by the international speculators were for August, making this final week crucial.

The outcome of the battle between the international speculators and the Hong Kong government would be decided this week.

Qin Chuan could imagine the intense game of cat and mouse between the bulls and bears during this period.

As expected, on August 24th, as soon as the market opened, the Hang Seng Index rapidly fell, dropping by 1.5 percent.

In Shicheng, Qin Chuan arrived at the trading hall early in the morning to monitor the market, as he had nothing else to do.

His phone rang, and it was indeed his brother-in-law. Yang Conglong was shouting loudly, "Qin Chuan, you are truly a god! The market indeed fell today!"

"Fortunately, you chose to close our positions last Friday! Now we're just watching the show!"

Qin Chuan listened to Yang Conglong's excited shouts with a calm demeanor.

Because all of this was largely in line with his predictions. Those international speculators, large capital, and quantum funds would not sit idly by.

"What should we do today?" Yang Conglong asked excitedly.

"We go short today!"

Qin Chuan thought for a moment and then instructed, "However, to be safe, let's start with five million to test the waters and close our positions at the end of the trading day!"

"The Hang Seng Index will be very volatile in the near future, so we'll be making short-term, quick trades."

"Take profits and run!"

Yang Conglong immediately began operating on the computer. For his own thrill, he no longer needed Mao Huasheng and was handling the trades himself.

Time flew by, and the morning session concluded with the Hang Seng Index fluctuating, dropping by 2 percent.

Since they hadn't bought in advance, the profit in the account wasn't substantial, only a little over 200,000.

After lunch, at 2:30 PM, the market reopened.

The index experienced violent fluctuations, rising and falling, as the bulls and bears engaged in another intense battle.

However, the bears seemed strong today, unwilling to let the Hang Seng Index rise. They were constantly suppressing and selling, and any slight increase in the index was quickly pushed back down, making people's hearts pound.

By 4:00 PM, the Hang Seng Index had fallen by 3 percent, and Qin Chuan decisively instructed Yang Conglong to close their positions.

For the entire day, their profits weren't immense, less than a million, but it was enough!

This kind of operation was like snatching food from the fire, very risky.

Fortunately, the results were excellent. A net profit of over a million in a single day. What business could yield such substantial returns? One must know when to be content.

Yang Conglong dared not be as boisterous as before. He understood today's market conditions and was completely convinced of Qin Chuan's abilities.

"Qin Chuan, when are you coming back? It's been over a week with things over there, why isn't it settled yet?" Yang Conglong asked.

"It should be soon. There will be a result within these few days," Qin Chuan replied after some thought.

"Hurry up! I feel uneasy playing with futures alone when you're not around."

"Damn it, who says I'm not here? For our money, I haven't slacked off at all. I've just changed my location to monitor the market!" Qin Chuan retorted with a laugh.

"It's hundreds of kilometers away, how can it be the same as when we were together!" Yang Conglong complained.

As they were talking, a call suddenly came in. Qin Chuan quickly ended the call with Yang Conglong and saw that the caller was Xu Ronghua.

"Qin Chuan, where are you now?"

"I'm exploring the historical sites of your Shicheng. What's up?" Qin Chuan lied smoothly.

"Seven o'clock tonight, same old place!" Xu Ronghua said.

Qin Chuan had a sensitive premonition that the matter with Ziguang Electronics Factory was nearing its conclusion.

A flicker of excitement sparked in his pair of pitch-black eyes.