I looked at my father Jackie Chan in 1988

, I saw my father Jackie Chan in 1988

Ji Sheng originally thought that the person he wanted to meet was the chairman of State Street Bank.

But when he really arrived at the destination, he realized that the person he met was actually the chairman of State Street Group.

I have to mention here that State Street Bank is a wholly-owned subsidiary of State Street Group. State Street Bank has an independent board of directors, but the chairman and the chairman of State Street Group are not the same person.

Manhattan, a luxury residential area.

Under the leadership of Aignan, Ji Sheng and Michael Baker met Lynn Elsenhans, the current chairman of State Street Group, in the living room of this luxury villa.

Lynn Elsenhans is a Caucasian woman in her 50s. She wears a pair of glasses. Perhaps because she is rich, she maintains them better. Apart from sporadic freckles, there are almost no wrinkles on her face.

"Mrs Elsenhans, hello."

"Ji, hello."

The two got to know each other initially.

Afterwards, Lynn Elsenhans asked the servants to make them each a cup of coffee to refresh themselves, and then looked at Aignan and said, "Patrick, what's the matter with you bringing Mr. Ji to me so late?"

Aignan repeated what Ji Sheng said just now.

After hearing this, Lynn Elsenhans pushed the frame of her glasses and looked at Ji Sheng. She leaned slightly on the sofa and crossed her legs, and asked lightly: "Can I ask, do you want to get so much money to speculate in foreign exchange? What kind of foreign exchange are you going to speculate in?"

This middle-aged woman looks very thin and speaks very calmly, but for some reason, Ji Sheng can feel a lot of pressure from her, "I am more optimistic about the continued rise of the dollar against the yen and the West Deutsche Mark, so I want to get a big funds to invest in U.S. dollars.”

"Yen and Deutsche Mark worth two billion dollars?" Lynn Elsenhans continued to ask.

Ji Sheng thought about it for a while, and said, "Of course, the more money the better, the 20 billion US dollars is just my guaranteed estimate."

Lynn Elsenhans did not answer his question directly, but took a sip from the coffee cup, and then asked again: "Do you want to do hedging?"

Ji Sheng was startled, not understanding what he meant.

Aignan also seemed to see Ji Sheng's doubts, and took the initiative to explain, "The chairman means to ask you if you want to use the yen and West Deutschmark as a hedge to avoid risks."

Oh!

This time I understand!

What does hedging mean?

Hedging is a financial term that refers to an investment that deliberately reduces the risk of another investment.

It is a means of reducing business risk while still making a profit on the investment.

Generally, hedging is to carry out two transactions at the same time that are related to the market, opposite in direction, equal in quantity, and offset by profit and loss.

Market correlation means that there is unity in the market supply and demand relationship that affects the prices of two commodities. If the supply and demand relationship changes, it will affect the prices of the two commodities at the same time, and the direction of price changes is roughly the same.

The opposite direction means that the buying and selling directions of the two transactions are opposite, so no matter which direction the price changes, there will always be a profit and a loss.

Of course, in order to balance the profit and loss, the quantity of the two transactions must be determined according to the range of their respective price changes, and the quantity should be roughly equal.

In a sense, hedging can be absolutely profitable.

But while hedging avoids risks, it also loses the "miracle profit", that is, you can only earn the difference from it.

For example, Ji Sheng is optimistic that the USD/JPY will rise by more than 14.00% this time. If he operates normally, he can earn more than US$2000 billion for one billion US dollars, but if he is hedging, he may only earn US$[-] million in the end. The gap is really too big.

Ji Sheng replied truthfully: "No, I just want to purely speculate in foreign exchange."

Lynn Elsenhans frowned, "The risk is too great, I can't give you support, if you want to choose, I can recommend you to do foreign exchange futures."

Forex futures are traded at your own risk.

Ji Sheng is definitely not happy, he said helplessly: "Is there no other way to get a lot of money?"

"What can you mortgage?" Lynn Elsenhans returned the topic to what Aignan had asked at the beginning.

Ji Sheng smiled wryly, "I have nothing to mortgage."

Lynn Elsenhans shook his head, "I'm sorry."

Ji Sheng was a little anxious. After all, if the price of the U.S. dollar continues to rise, the amount of money he can earn will be even less. Now that he can't get funds to speculate in foreign exchange, he must be in a hurry. He even put all his eggs in one basket and said: "What if I am willing to sign a foreign exchange futures betting agreement with you?"

Normal foreign exchange speculation is to benefit from changes in currency exchange rates from the market.

However, futures betting is different. Both the platform and customers participate in futures trading. The platform and customers are rivals to each other and form a profit distribution method of "you win and I lose". That is, if the customer loses money, he will lose money Obtained by the platform, the customer makes a profit, and the platform cashes it out to the customer.

This method is often considered a fraud by the case-handling authorities in China.

However, it is not uncommon for big companies to bet against each other in the beautiful country, because futures "gambling" itself is a product of the "market maker" system in the futures market, and it is a trading habit that has been matured. Therefore, the real "gambling" futures trading does not necessarily constitute fraud.

Over-the-counter transactions in the beautiful country are not uncommon. Ji Sheng bought short-selling crude oil futures before, and a lot of the funds came from over-the-counter funds.

Obviously, none of the people present expected Ji Sheng to be so courageous that he wanted to bet against State Street Bank.

Aignan's expression changed.

Michael Baker frowned even more.

Lynn Elsenhans was slightly taken aback, and then asked, "How much assets do you have now?"

Ji Sheng recalled, if you count Huajin Capital and the villa you just bought earlier, plus cash and the equity of Futai Pharmaceutical, he probably has assets in the early part of [-] million US dollars, and he reported a little less, "probably One hundred million dollars in assets."

"Then how long do you want to bet on foreign exchange futures?" Lynn Elsenhans asked again.

Ji Sheng calculated the time, "One month and ten days."

Lynn Elsenhans nodded slightly, "It's not that long. In this way, I think you seem to be in urgent need of funds. If you want to bet against each other, I can propose to the board of directors to give you one billion bet funds."

One billion is not enough.

Even if Ji Sheng used all this money to fiddle with the yen, the final profit would only be around [-] billion.

His goal is to earn more than 20 million U.S. dollars this time, and he will definitely not be happy with a billion U.S. dollars. "It's too little, and I want to guarantee more than [-] billion U.S. dollars."

"Then you can find someone else." Lynn Elsenhans refused.

Negotiations have stalled.

For the first time, Ji Sheng felt helpless. He clearly knew that this was a sure way to get rich, but he couldn't make this money because of insufficient funds.

If he has billions of dollars in hand, he can easily earn hundreds of millions of dollars.

But the reality is so cruel.

Even if you know you can make a fortune, without the so-called start-up capital, it is just a dream.

Is it really necessary to take risks to do foreign exchange futures?If the middle price fluctuates greatly, Ji Sheng has finally accumulated so much assets, but he will really lose it.no!

Foreign exchange futures cannot be done!

Ji Sheng took a deep breath. The idea of ​​exchanging hepatitis B vaccine for funds was already in his head. Of course, he didn't really sell the hepatitis B vaccine to others, but mortgaged it in exchange for money.

For this piece of technology, he believes that it is not impossible to mortgage 20 billion US dollars, provided that the integrity and practicability of the technology are verified.

It seems that only Merck is capable of verifying the integrity and practicality of his technology the fastest, but even so, Merck may take a while to complete the verification. By then, the rise in the dollar will be over. Ji Sheng's bamboo basket fetched water in vain.

Unless... he and MSD also come to a gambling agreement!

Thinking of this, Ji Sheng's eyes gradually flickered, and he gradually found a solution.

"Mrs. Elsenhans." He said suddenly: "I take out [-] million U.S. dollars, and you are willing to bet against me with a billion dollars. Double the amount of money to gamble?"

Aignan was dizzy, "Ji, what do you mean by that?"

Lynn Elsenhans doesn't seem to understand it too well. Since you have 100 million or [-] billion, why don't you just take it out and gamble?Why did you just say that there are only [-] million assets?But she still nodded and said: "Yes, as long as the funds for building a position do not exceed [-] billion US dollars, I can agree, provided that you can afford that much money."

Hearing this answer, Ji Sheng laughed, and said, "Okay, tomorrow night at the latest, I will definitely come to you again with at least [-] million US dollars in funds."

Lynn Elsenhans didn't take this matter to heart, and just replied casually, "Okay."

Ji Sheng didn't say anything more, said goodbye to Lynn Elsenhans, got up and walked out with Michael Baker.

……

Back in the car.

Michael Baker was a little worried: "Sir, where are you going to get [-] million in one night?"

"[-] million?" Ji Sheng chuckled, "If I'm lucky, maybe I can get one billion."

Michael Baker was stunned, "Since you have the means to get so much money, why do you still want to bet against State Street? Isn't it safer to speculate in foreign exchange with so much money?"

Ji Sheng thought so too at the beginning, but it was based on the fact that he didn't bring out the technology of the hepatitis B vaccine. Originally, he just wanted to earn two to three hundred million and he was content.

But now he is forced to have no choice but to take out the hepatitis B vaccine technology in exchange for a certain amount of funds. Although it may not be sold to Merck, at least the technology is authorized, and he will make a lot of less money in the future.

Since he has sacrificed his future interests, why doesn't he come to a big fight and take the opportunity to make more money?

Gambling can maximize the benefits!

Assuming that he can borrow one billion dollars from Merck with the help of hepatitis B vaccine technology, then he can come back and gamble with State Street to build a 100 billion dollar position, and will not make more than one billion in the end?

Of course, there are risks in doing so. If the bet fails, Ji Sheng will have nothing, and even be heavily in debt.

This risk is great for ordinary people, but for Ji Sheng, who has collected the complete exchange rate changes from the modern society, it is basically equivalent to no. In other words, as long as he can get money, he will definitely make money. The pot is full.

Dude originally only wanted to rely on State Street Bank to make some money, and then let State Street Bank earn some commission, but now that State Street Bank is only willing to accept the gambling agreement, I'm sorry, buddy, I'm afraid this time State Street will let State Street The bank regretted it.

Ji Sheng knew that State Street Bank would definitely use other financial means to pass on or avoid risks when betting against him, such as hedging. In the end, the money he earned was not really given by State Street Bank.

But no matter what, if Ji Sheng wins, he will really step on the position of State Street Bank this time. Naturally, State Street Bank will definitely regret it.

Well, doing this is a bit of a show, and it doesn't conform to my idea of ​​making a fortune in silence.

It's just that Ji Sheng was forced to have nowhere to go, so he could only choose to make a high-profile one. He is ready to make his name on Wall Street!

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"Brother Shen!"

"Ok!"

Shen Changqing was walking on the road, and when he met someone he knew, he would say hello or nod to each other.

But no matter who.

Everyone's face has no superfluous expressions, as if they are very indifferent to everything.

In this regard.

Shen Changqing is used to it.

Because this is the Ministry of Suppression, it is an organization that maintains the stability of Daqin. Its main responsibility is to kill monsters and monsters. Of course, there are also some other side jobs.

It can be said.

In the Demon Suppression Division, everyone had a lot of blood on their hands.

When a person is used to seeing life and death, he will become indifferent to many things.

When he first came to this world, Shen Changqing was a little uncomfortable, but over time he got used to it.

The town magic department is very big.

Those who can stay in the Town Demon Division are all powerful masters, or those who have the potential to become masters.

Shen Changqing belongs to the latter.

Among them, the Demon Suppression Division is divided into two occupations, one is the guardian envoy and the other is the demon slayer.

Anyone who enters the Demon Suppression Division starts from the lowest level of demon slayer.

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Then he was promoted step by step, and finally he was expected to become a guardian envoy.

Shen Changqing's predecessor was a trainee slayer in the Demon Suppression Division, and he was also the lowest-ranked slayer.

Has the memory of the predecessor.

He is also very familiar with the environment of the Town Demon Division.

It didn't take too long, Shen Changqing stopped in front of an attic.

Different from other places full of chills in the Demon Suppression Division, the attic here seems to stand out from the crowd, showing a different tranquility in the bloody Suppression Demon Division.

At this time, the door to the attic was open, and occasionally people came in and out.

Shen Changqing just hesitated for a moment, then stepped inside.

Enter the attic.

Circumstances have changed in vain.

A burst of ink fragrance mixed with the faint smell of blood rushed towards his face, causing his brows to instinctively wrinkle, but then quickly stretched.

There is almost no way to clean the bloody smell on everyone in the Zhen Mosi.

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