On October 27, WTI crude oil closed at US$52.41.

On the evening of the 28th, the US EIA crude oil inventories were released. Unlike the API, this is the official report of the US Department of Energy.

Data again showed that US inventory increased by 7 million barrels that week. Due to net increase in API and EIA, US oil and Brent oil fell twice, and WTI crude oil futures closed down to US$50.78, a single-day decline of more than 3%, and a cumulative decline of nearly 9% in three days.

At this point, Chen Qiaoshan made more than 35 million US dollars on the books.

Faced with the rapid rise in numbers, Chen Qiaoshan no longer felt much. He has developed a new habit these days. Every night, he always goes to Lan Kwai Fong with Elliot.

The 29th is the last trading day in October.

I heard that Chen Qiaoshan was going back to Yanjing tomorrow, and Eliot, as usual, took him to have two drinks as soon as the night was approaching.

The financial industry is at high risk, with working hours exceeding limits, and there are not many ways to relieve stress. It is said that more than 90% of Lan Kwai Fong's consumption comes from nearby financial dogs.

This transaction did not involve UBS, but as a private financial consultant, Elliot contributed a lot, so Chen Qiaoshan naturally would not forget his reward. In addition to work, the relationship between the two was also very good.

I encountered some accident today. As soon as I entered the Garden Road, Elliot's brand new Lingzhi was blocked.

This is the financial core area of ​​Central China, the Bank of China Building and the Yangtze River Center are close to each other. Looking at the traffic jams in front of them, Chen Qiaoshan asked: "Isn't it all blocked by crossing the sea tunnel? Why are there traffic jams here?"

Elliot was also a little confused, "I don't know, this is the first time I have encountered it."

Fortunately, I could walk around from Hong Kong Park and wait until I passed by Wenhua Oriental. Chen Qiaoshan couldn't help but take a few more glances at the roadside. Last April Fool's Day, Leslie Cheung jumped off the top floor of this hotel. A year has passed in a blink of an eye.

After passing by an intersection, the two saw that a cordon was set up less than 400 meters away from Dongfang Wenhua, and there were police officers on duty, no wonder they were blocked.

Chen Qiaoshan asked, "What happened over there? Why did the police have closed the road?"

"I drove by there half an hour ago, and there was nothing at that time." Elliott didn't know either, and he didn't take it seriously. Hong Kong was too small and could not hide the secret. "Go to the bar first, it won't take long to know."

Sure enough, as soon as I entered the bar I often went to, the scenes on the street just flashed through the TV on the wall, but it was a few seconds late and the news had already been broadcast.

The atmosphere of this bar is relatively quiet and suitable for sitting leisurely. Chen Qiaoshan likes the environment here, so he is willing to come and sit every day. As usual, he ordered a cocktail without alcohol, while Elliot ordered a glass of martini.

"Chan, I came to the bar to relax. You don't touch alcohol. I'm curious, how did you relieve stress?" Elliott yang said the Collin cup in his hand, with a bit of teasing in his tone.

"I don't have any pressure at all, so there is no need to relieve it." Chen Qiaoshan replied half-truely. Before the market reversed, he was still a little worried. Now the situation is completely clear, and the pressure is naturally empty.

Started with two million US dollars, in just a few months, Chen Qiaoshan's capital has increased nearly twenty-five times. Elliot has met all the twists and turns in person. If there is no pressure, he will definitely not believe it. "Chen, the US non-agricultural data will come out the night after tomorrow, and the market will definitely fluctuate. Are you so anxious to go back to Yanjing, and you can come back then?"

Chen Qiaoshan said: "Some business matters have to be handled by Yanjing. Just keep an eye on them here. If you have any situation, you can contact us by phone at any time."

In Hong Kong, Feng Shui theory is prevalent. Chen Qiaoshan bets on the right market twice in a row. Elliot also had an inquiry in his mind. In addition to his vision, he was more willing to believe that Chen Qiaoshan was due to luck.

The entry threshold for the financial industry is high, but in addition to experience, luck is also essential. There is no doubt that in Elliot's view, the young people in front of you are undoubtedly lucky. "OK, I will help you stare. When are you going to come back?"

Chen Qiaoshan said: "It will take a few days to delay this time. It's hard to say the exact details now, it's up to one week."

This time it was not just about going to see a house. Lenovo intends to invest in Green Alliance Technology. Dong Ying has contacted the other party and has already understood the conditions clearly.

Chen Qiaoshan has made an appointment with Gao Liwei and is preparing to have an official contact. Whether it is Lenovo or Qualcomm, he must attract an investor. Moreover, Zhu Min has also arrived in Yanjing. He called yesterday and happened to talk about venture capital.

"Eliot, you can contact a few more brokerages and try to keep the other party's quotation as low as possible." After careful consideration, Chen Qiaoshan did not intend to give up on Aviation Oil.

The opportunity is there. Instead of taking advantage of others, it is better to make more money. Moreover, shorting is a normal market behavior. Even if the news is leaked, there is no point to criticize.

Elliot frowned, "Chen, AVIC Oil announced its third-quarter financial report yesterday, with revenue increasing by 34% year-on-year, and its performance is good. Affected by this, the stock price has risen by 7% in the past two days. It should not be difficult to borrow stocks from brokers at this time, but are you sure to short it?"

Chen Qiaoshan was speechless. Seeing that he was in a state of bankruptcy, AVIC Oil's financial report could actually increase significantly. He would not accept it.

The better the performance, the lower the cost of short selling and the greater the risk.

As a star listed company in Singapore, before the crisis broke out, AVIC Oil was equivalent to a big blue chip in the Singapore stock market. When it was favorable, it would be a lot lower for securities companies to borrow stocks.

Cooked ducks cannot fly. For Chen Qiaoshan, the risk of short selling is close to zero. He looked at Elliot and said, "It's not certain. You should know that domestic crude oil has not yet been marketed. At present, the price fluctuates violently. China AVIC Oil's main business is in China. I don't really believe in the authenticity of their third-quarter financial reports."

Elliot's eyes flashed and he asked, "Are you saying that their financial report is fake?"

This is a very serious allegation for a listed company. If the news is true, there are many articles to do.

Unlike ordinary short selling institutions, Chen Qiaoshan does not need to launch an active offensive at all. He just needs to enter the market at the right time and wait for the crisis to break out. He shook his head and said, "I just doubt it, there is no evidence. Besides, I am bearish and have no intention of actively messing around."

Elliot shook his head, as if he didn't believe Chen Qiaoshan's reason, but he did not ask for a question, but asked the bartender for a glass of Martini. When he was about to continue discussing the specific plan of making Aviation Oil with Chen Qiaoshan, he saw the other party staring at the TV on the wall.

"...At around 6 pm this afternoon, a man jumped off a building and died at Standard Chartered Asia Building in Central. The reporter learned that the man was 31 years old and was a futures trader of an international investment bank. The recent trend of crude oil futures market and precious metals has plummeted, causing countless speculators to suffer serious losses. The deceased is rumored to have failed speculation, causing huge losses..."

Chen Qiaoshan had long heard that the financial industry ranks first among the top ten high-risk occupations, and the suicide rate was high, but it was the first time he felt death close.

Finance itself is a zero-sum game. If you look closely, people in the market cannot be separated from each other.

When Chen Qiaoshan suddenly saw this news, he couldn't help but feel depressed. He glanced at Elliott, who understood and picked up his cell phone and dialed it out.

After a while, Elliot hung up his phone and said, "The situation is clear. This person is a Hong Konger named Wang, a futures trader with JP Morgan. He illegally held heavy positions in futures copper. The day before yesterday, LME copper plummeted 10% in a single day."

Elliott did not continue, and the result was not questioned, and the daily decline of 10% is definitely a disaster for high-leverage trading.

Fortunately, it was not crude oil, and Chen Qiaoshan's gloom in his heart finally subsided.

He picked up the cocktail in front of him and drank it all. Although it was not alcoholic, the strong celery juice mixed with the mint smell also gave people a strong enough taste stimulation.

Chen Qiaoshan put the empty wine glass on the bar, stood up and said, "Let's go."

Elliot looked at the watch and said, "If you don't wait a little longer, my assistant should have a quarter of an hour."

Although it is only ten minutes' drive, Chen Qiaoshan would rather take the subway around than pass that section tonight, "You wait, I'll take the subway back."

Drunk driving can be sentenced to up to three years in Hong Kong. As a financial person, Elliott dares not test the law. Seeing that Chen Qiaoshan's expression was a little solemn, he asked, "Chan, are you okay?"

Chen Qiaoshan smiled and said, "I didn't even touch alcohol, what can I do?"

The rabbit dies and the fox is sad, and the things hurt their species.

Elliot could feel that Chen Qiaoshan should have some concerns.

In his opinion, Chen Qiaoshan and Wang's transactions are quite similar, and they are both unilateral trends in the gambling market, but the winner's net worth doubles, the loser jumps off the building and dies, and life and death are firmly controlled by the market.
Chapter completed!