However, when they thought of Qin Yu investing in oil futures in New York, their hearts couldn't help but burn!
"The oil crisis has caused oil prices to skyrocket. This time, we will definitely make money. It depends on how much this kid can earn. It's a total of more than 20 million USD!”
Thinking of the skyrocketing international oil prices, Qin Shaohui couldn't help but look forward to his son's news. After all, this speculation could be said to be betting on the family's future.
If Qin Yu could make a fortune from the futures market, the Qin Group would be able to get out of its current predicament.
Qin Shaohui and his brother were discussing in the study room for a long time. At this time, Barkley called to inform them,"
"Mr. Qin, Young Master is back!”
Qin Shaohui's face lit up when he received the call in the study room. He greeted Qin Shaojie three times and brought him to the entrance of the villa. From afar, he saw a group of people surrounding Qin Yu.
Looking at Qin Yu's smile, Qin Shaohui had already guessed that this kid must have made a fortune in the oil futures market!
"Xiao Yu, you're finally back. You've been in New York for more than a month. How's the situation there?”
Qin Shaohui welcomed him into the house and then instructed the waiter to serve tea and water. After Qin Yu drank the tea to moisten his throat, he asked about the investment in oil futures.
Looking at everyone's expectant eyes, Qin Yu couldn't help but smile. It seemed that everyone already knew about the news from iran.
"Dad, my speculation is correct. Not long after I invested 21 million USD in the futures market, Khomeini announced a plan to stop oil export, followed by a surge in international oil prices.”
"From 13 USD to 20 USD, we earned a total of 148 million USD in a month, which is 1.15 billion Hong Kong dollars.”
After Qin Yu finished speaking, Qin Shaohui and his brother's expressions were dull. The Qin family's mansion could hear a pin drop.
"148 million USD! Is this what you got in New York? Xiao Yu, Bao Yugang's family's total assets are only 1 billion USD…"
"1.15 billion Hong Kong dollars! The market value of Changshi is less than 700 million Hong Kong dollars. Even if Li Jiacheng worked hard for his entire life, he still couldn't catch up to the profits of your one speculation!”
Qin Shaohui and his brother spoke one after another. Their tone was very complicated.
In fact, they were the same as Li Jiacheng. After working hard for a lifetime, they could not even compare to Qin Yu's gains from speculating once.
This method of making money was simply unheard of. If everyone relied on this method to make money, who would still be in business in the future?
Qin Yu thought to himself that this was just the simplest financial speculation. In the future, when the financial hooligan Soros short the currency of other countries, it would be exciting.
Only after Soros taught the countries a lesson would they know what real financial operations were!
However, with the surge in international oil prices, the amount of US dollars he earned from seizing the opportunity was indeed shocking.
When Qin Shaohui and his brother saw this number, they were dumbfounded.
If Shen Bi knew about this, Qin Yu reckoned that he would be red-eyed.
This was 148 million USD in 1979!
"Dad, Second Uncle, of the 1.15 billion Hong Kong dollars, 350 million of it belongs to the Qin Corporation. After splitting the money, I suggest that you preserve your cash flow and not blindly invest in other industries.”
Qin Yu gave his own income distribution plan. Although there was no separation of the family, the accounts still had to be calculated clearly.
"The 100 million Hong Kong dollars from the Hong Kong and Shanghai Bank still have to be repaid by the Qin Group. However, you earned 1.15 billion Hong Kong dollars for nothing this time.”
Qin Shaohui patted the table on purpose. This kid was really cunning. He took advantage of the opportunity to lay eggs.
Previously, he had urged the Qin Group to borrow money from loan sharks, but now he had to thank him instead!
"Big Brother, Xiao Yu does have a talent in this area. That 100 million loan is also from the Hong Kong and Shanghai Bank. He can be considered to have borrowed the cash flow of the Hong Kong and Shanghai Bank to speculate and profit.”
When Qin Shaojie mentioned the Hong Kong Bank, he wanted to repay the 100 million Hong Kong dollars loan in advance.
Qin Yu quickly stopped him." Second Uncle, don't be in a hurry to pay back the money. Do you believe that Shen Bi is still rushing to continue lending money to the Qin Group?"”
"That's how banks are. The more cash we have, the more they like to lend you money. Now that the Qin Corporation has 350 million Hong Kong dollars, I think Shen Bi will take the initiative to cancel the interest of the 100 million Hong Kong dollars loan.”
Qin Yu had never thought of paying back the money. Anyway, the bank had a lot of money. In the future, if he was short of money, he could continue to take advantage of Shen Bi.
Shen Bi,"You know how to take advantage of others!"
After hearing Qin Yu's words, Qin Shaojie nodded repeatedly. Shen Bi probably knew that there was an additional 148 million USD in his account at the Hong Kong and Shanghai Bank.
There was no need for him to repay the loan in advance. Perhaps Shen Bi would take the initiative to meet him to discuss the problem of funds.
Shen Bi was indeed quite confused.
Ever since he exchanged money for Qin Yu, he had been careful and asked the bank staff to report to him once a week about Qin Yu's accounts.
It was normal at first, but then the account figures suddenly swelled to 148 million dollars in a few days.
After Shen Bi heard the staff's report, he exclaimed,'Even robbing a bank isn't that fast!'
Did Qin Yu really go to the mainland to invest?
Why did the mainland government give him so much US dollars? What was going on?
Qin Yu's mouth could lie, but the bank data would not lie. After being stunned for a long time, Shen Bi decided to meet Qin Yu personally.
"President Shen, I didn't expect us to meet again so soon. You didn't ask me out this time to ask for money, did you?”
Qin Yu made a small joke. Shen Bi was in such a hurry to meet him. He definitely wanted to know the origin of the 148 million USD. Qin Yu could completely hang his appetite first.
"Qin Yu…Oh no, Qin Sheng, you are our quality customer. How could the Hong Kong and Shanghai Bank possibly ask for payment? I just want to ask, what investment did you make in the mainland?”
Shen Bi was anxious. He wanted to know the result from Qin Yu, but he couldn't ask for the details. His face was red.
Looking at Shen Bi's impatient look, Qin Yu could not help but laugh. He had earned 148 million USD in two months. The speed at which his wealth increased made the president of the Hong Kong and Shanghai Bank unable to maintain his composure.
"President Shen, actually, I earned this money from the New York stock exchange…"
Qin Yu casually explained a few words, but he did not say that he was taking the initiative to speculate, but that it was accidental speculation.
This book comes from：m.funovel.com。