nucmednet Chapter 63 Heeding Advice, Selling Nonwoven Fabric and Meltblown Fabric
Chapter 63 Heeding Advice, Selling Nonwoven Fabric and Meltblown Fabric
pig farm
office
Jiang Feng was very excited as he watched the price of crude oil futures plummet; the drop was truly astounding!
In just a few days, it has dropped by nearly half, and we have already made a profit of three billion US dollars, or about 20 billion RMB!
Moreover, the US dollar suddenly appreciated.
The RMB exchange rate has fallen.
Jiang Feng finally understood why the system required the betting contract to be written in RMB, rather than USD.
They exploited the exchange rate to fleece Jewish financial groups!
NB
Easily make 20 billion, isn't that a thousand times higher than the profit from just masks? Once it drops to $23/barrel, start closing out positions and going long.
The system says the minimum is $20 per barrel.
It definitely won't fall any further.
It'll rise back up sooner or later!
At worst, it'll be a prolonged slump.
At worst, we can just not use leverage; how could we possibly lose money?
US crude oil futures are very stable except for the delivery date when the contract expires, when the price fluctuations are relatively large.
Therefore, it is common sense and a basic operation for everyone to roll over and close out their positions before the contract expires!
In addition, warning lines are set regularly, as well as automatic liquidation prices; if there are significant losses, the stock will be automatically liquidated.
However, just to be on the safe side, I'll ask again.
"Godfather, is the lowest price $20 per barrel?"
[Minimum transaction price: $20/barrel]
I advise you not to exploit the system's bugs.
Otherwise, you'll regret it sooner or later.
【→_→】
However, based on your operation, there shouldn't be any problems. Rolling over the position on the contract settlement date eliminates the risk.
Jiang Feng had already made his decision, and telling him the result wouldn't make much difference; the Listen to Advice system was still quite humane.
Jiang Feng nodded slightly.
Okay, so you can go long, but it's best not to use leverage, because who knows when it will rebound.
Leverage requires paying interest!
How could I possibly lend you money to short sell for free?
(￣へ￣)
With an annual interest rate of 5% to 10%, plus several times the leverage, if the investment doesn't recover within two years, the principal will be completely depleted.
It's best not to use leverage!
Just treat it like a fixed deposit!
When a new project comes along, you can clear it out immediately without losing interest for nothing, so as not to lose more than you gain.
Investing yourself → Seeking stability!
System task → All in!
Jiang Feng didn't trust his own judgment.
Investing with leverage?
Perhaps they're tired of living...
After finishing his work, he leisurely read books, including English-language works on economics, finance, and management.
I just finished reading a book. Su Meng, Xu Jiao, Xu Lin, and Wu Jiayi came to the office after their live stream.
"Honey, what are you doing?"
"All the masks for today have been sold out!"
Jiang Feng smiled and said, "Thank you for your hard work. Please sit down and rest. I'll send someone to deliver the masks to the courier company right away."
Now, the mask factory sends 24 masks directly to the courier company every day, sends the order information to them for printing, and the courier company picks up the goods themselves, which is very convenient.
20 were distributed to customers in the live stream.
4 were given to Deng Ning and Wei Junjie.
The masks donated by my aunts, uncles, cousins, and other relatives were sold to the local market and distributed directly to communities, schools, businesses, government agencies, and other organizations.
They're not worried about selling at all!
Xu Jiao and the others sighed with deep regret:
"The face mask business is just too good to be true."
"Yes, yes, demand exceeds supply, and the profits are extremely high. We can earn fifty or sixty thousand every day. How are we going to spend all that?"
Su Meng couldn't help but feel Versailles.
Wu Jiayi rolled her eyes and teased:
"You don't know how to spend 50,000 or 60,000? Then your husbands earn so much money, wouldn't it just be gathering dust and you wouldn't be able to spend it?"
Xu Jiao and Xu Lin's money-obsessed questions:
Did crude oil futures fall today?
"3%?"
"Wow~"
"Wouldn't that mean making another billion or so?"
They clapped and cheered excitedly, their eyes sparkling with excitement. Wu Jiayi was also secretly amazed; Jiang Feng was simply defying the heavens!
shit
A trip to the US resulted in being forced to accept billions of dollars?
ah~
Why don't I have that kind of good luck?
(T～T)
Comparatively speaking, face masks are indeed not a respectable product. A few hundred million yuan in profit per year is hardly a lot, is it?
This guy is only twenty years old and already has tens of billions, making him the richest man in the city and not far from becoming the richest man in the province.
Richest man in the country
World's richest man
Perhaps it's not impossible to win!
Jiang Feng smiled and suggested, "You could buy a sports car, a luxury watch, a luxury item, stocks, or make any kind of investment, right?"
"Ferrari, Lamborghini, Rolex, LV, Patek Philippe, Vacheron Constantin, don't you like them?"
The three girls were not very interested.
I am somewhat tempted by investing—
Watching Jiang Feng trade stocks and futures, they were influenced by what they saw and heard, and they also wanted to try it themselves to see if they could beat their husbands.
That's right! It's all about competing! (→_→)
Su Meng asked coquettishly, "Honey, which investment projects do you think are good? You mentioned new energy vehicles last time?"
Jiang Feng nodded slightly, completely certain!
"Yes, new energy vehicles are a hot trend, and a lot of brands will definitely rise, but even more will fall."
Xu Jiao and Xu Lin went online to check—
BYD
Huan Da
Changan
Wuling
...
In the past two years, many new energy vehicle brands have sprung up like mushrooms after rain, creating a mixed bag of good and bad.
You might accidentally step on a landmine!
"Ah~"
Which brand should we invest in?
Xu Lin frowned in hesitation, while Su Meng analyzed the situation seriously and confidently stated, "I think we should choose a brand that is already listed, has a strong background, and has sufficient funds!"
"for example--"
"Huanda Auto!"
"Backed by Huanda Real Estate, with ample funds, a strong background, and a long history of establishment and listing, this kind of new energy vehicle brand undergoing transformation should be quite good!"
Xu Jiao: Oh~ (Suddenly realizing)
Xu Lin: Hmm~ (Completely agrees)
Wu Jiayi, however, felt that things weren't that simple!
"Huan Da?" Jiang Feng looked at Huan Da Auto's stock price. It was listed on the Hong Kong Stock Exchange and was relatively stable. It seemed to be doing quite well.
but…
Will Huanda Real Estate run into problems?
The time for everyone to pay off their debts is almost here!
Hard to say...
Hmm, should we trick them into going to risk their lives?
(→_→)
Jiang Feng nodded with ill intent: "Yes, Huanda Auto is indeed quite good. You can give it a try by investing."
"I'll help you open a [Hong Kong Stock Connect] account."
"Come on, come on -"
Su Meng, Xu Jiao, and Xu Lin excitedly ran over, applied for Hong Kong Stock Connect accounts, and put all their savings into them.
Wu Jiayi's lips twitched slightly: No, you guys really didn't realize that Jiang Feng was joking with you?
【6】
Even the system couldn't resist playing a single six.
Jiang Feng really didn't know if Huan Da Auto would work; it all depended on luck, and the system didn't give any hints.
Su Meng and her team kept adding to their positions every day.
+160000￥
+170000￥
+160000￥
+180000￥
...
The money earned from selling masks was all used to buy more shares, totaling five million in just one month, with a slight increase in value!
International crude oil futures have also fallen considerably.
If it drops another two or three dollars, I can start closing out my positions.
The super flu outbreak in China.
It was gradually brought under control.
However, the flu is spreading rapidly abroad, including in California where a large number of people have been infected.
Masks are in short supply.
Prices are soaring!
As the only mask factory in the county and the largest in the city, Nanshan Mask Factory bears a heavy responsibility.
They were required to expand production capacity.
We're forcibly increasing it to 300,000 per day!
Mask factories are being built across the country one after another, but just when they finally manage to get the machines, they run out of raw materials!
non-woven fabric
meltblown fabric
Prices skyrocketed, from 20,000 yuan per ton to hundreds of thousands of yuan per ton, and there was still no market for them.
It's no secret that Jiang Feng has three thousand tons of raw materials, and people are flocking to him to buy them!
[Sell nonwoven fabric and meltblown fabric as advised]
[Low production]
[We can't possibly use it all]
[Selling 2,000 tons]
.