$899 This is a misunderstanding
Chen Pingan doesn't like meetings, especially government leaders speaking.
The same old words are repeated over and over again, and they either sing praises or shirk responsibility.
Fortunately, Yao Changan doesn't have this bad habit, and making plans is making plans.
It's hard to understand if it's complicated.
Simply put, he proposed his own foreign exchange trading plan.
What Chen Pingan has to do is to keep a close eye on the buying price of the ringgit as a reference, and propose an equivalent operation plan for the composite index futures and the stock market.
As for the Kuala Lumpur KLCI index, it is a result of a combined force.
It is certain that the foreign exchange market will affect the stock market, and the reaction is that you can only keep an eye on the Kuala Lumpur market index KLCI.
You can't judge which stock will fluctuate based on the exchange rate changes, because you can't keep an eye on them!
As a result of Chen Pingan's trading, in addition to the second board and the main board's national oil companies, the fluctuations of these heavyweight stocks will definitely move the index.
Therefore, Chen Pingan will not keep an eye on the fluctuations of the main board index KLCI.
As for the specific stock trends, it has nothing to do with Yao Changan.
Because the final target is only the Malaysian National Petroleum Corporation, the final landing point, that is, whether the task can be accomplished, still depends on Chen Pingan's team.
In other words, everyone's task is to create conditions for him.
And he needs to make plans and execute them with reference to the exchange rate.
Whether there is really a plan or whether it is strictly implemented according to the plan depends on him.
Correspondingly, all the final responsibilities are on his head.
Although Yao Changan said yesterday that he would take the responsibility, how could it be possible in reality?
That was just to reassure him, otherwise why did he say at the beginning that he could withstand the pressure alone?
Chen Pingan's heart was like a mirror, but he just didn't say it.
To make it clearer, no matter how much information Yao Changan needs to process simultaneously in the cross market, he has no responsibility for the exchange rate of the ringgit.
In today's market, trading is free, and there are countless factors that affect the exchange rate between the ringgit and the RMB.
So to determine how much the exchange rate of the ringgit will fall, it is not something Yao Changan can really control!
All he can do is basically follow the trend.
Chen Pingan made some simple notes in the notebook he was given while listening.
He remembered the buying price of the ringgit and its trend in the past two months very clearly, but the problem was that he believed it would really fall.
He couldn't guess how much it would fall.
He had never seen Yao Changan trade, so he reserved his opinion on this.
Correspondingly, the plans he proposed for the stock market and the composite index futures were all general.
Composite index futures want to control the market?
Know some common sense, can anyone control the futures?
Impossible.
And the most fundamental goal, the National Petroleum Corporation, is also impossible to control the market.
Now there is only 1.6 trillion in funds available, and the other available resources are the stocks in hand.
It's not that it can't be done, but he has to face so many stocks and index futures alone, and at the same time consider the exchange rate. Is this what a human being does?
"What I can say now is basically just a direction and strategy. It may be far from a plan."
Chen Pingan didn't intend to hide it. Telling the truth was the best way.
"While shorting the index futures, first smash the stocks on the second board.
On the one hand, it pushes the index down and drives market sentiment, and on the other hand, it also echoes the smash in the futures.
While freeing up funds, it can also drive the index futures down.
But even if all the stocks on the second board are smashed and the futures are shorted at the same time, I still have no way to guarantee how much the index will fall.
This is not something I can control, because the other side also has Guo Jia's team in control.
Whether it is funds or chips, the magnitude is not equal.
What I can do is to make the share of the national oil company in my hand exceed 25% at the end.
And I can only try my best to achieve this goal.
Without unlimited funds, I can't guarantee it!"
Today, Yao Changan seems to have changed.
The expression on his face is extremely serious, and the atmosphere in the room is also very depressing. Chen Pingan is a little uncomfortable, but he can bear it.
Once this invisible pressure starts, it will always exist.
It will get bigger and bigger as time goes by, and Chen Pingan knows it better than anyone.
Yao Changan said with a straight face: "If there is unlimited funds, what's the point of you?
Can't I buy it myself?
There have been so many financial wars in history, when have you ever seen unlimited funds?"
Chen Ping'an lowered his head and said nothing.
Anyway, I have said everything I want to say.
The work can be done, but I don't take the responsibility.
The attitude is very clear, try your best, but there is no guarantee.
He knows very well that the process will not be easy. Once international hot money participates, it is uncertain how long it will take.
And since it is a financial war, it is a war.
Speed is the essence of war everywhere.
Besides, it is not that he did not really complete the task.
The original task did not include today's incident.
The task at that time was to cause trouble.
Before Qian Jingming went to Shudu, the task was written in black and white: "Preliminary foundation for causing the Kuala Lumpur Index to fall by 30%"!
What does it mean to be preliminary?
Do I have enough chips on hand to make the heavyweight stocks on the second board have at least three lower limits?
Is it enough to at least give the National Oil Company a circuit breaker?
In addition, is there enough cash worth nearly 180 billion ringgit to drive down the Kuala Lumpur Composite Index futures?
One of the above alone is not enough, but are they all enough together?
Not to mention, the total of these is not the effect of one plus one equals two!
A pair of small aces is not awesome, but if you say that three aces are only a little bigger than the pair of aces, then I give up.
No matter how much he complained below, Yao Changan from above continued, "No matter what method you use, 25% of the shares must be obtained!"
Chen Pingan immediately raised his head, looked directly at Yao Changan and said, "Where are the resources?"
Yao Changan said with a cold face, "Another one trillion in cash will be provided at your disposal."
Chen Pingan said lightly, "Not enough! The exchange rate of the ringgit must be lower than 2.7, otherwise I can't do it, so I suggest changing people."
A glimmer of unknown meaning flashed in Yao Changan's eyes.
"This is not the time to negotiate conditions. If you can't do it, why should you accept this task?"
Chen Pingan said without fear:
“Sorry, this trading task is not included in the task book I received.
Director Qian Jingming Qian can prove that I have completed the tasks I promised.
The task itself was outside the scope of what I had promised to do.
When Director Qian Jingming asked me to come to the capital, he never mentioned anything about this task.
I don't know what the purpose of coming to Beijing this time is.
This is a misunderstanding.
I could quit and commit to staying at the hotel for three months.
I believe that three months is enough for you to complete this task. "
