Chapter 729 Target Iron Ore!

Chen Mo ate the same meal twice.

The second time, I ate with Wang Zhen.

In the wild vegetable business, Wang Zhen was desperate and made 800 million in nearly a month!

At this point, Wang Zhen even cried and apologized to Chen Mo, saying that he was useless and unqualified to be the King of Vegetables.

After Chen Mo comforted Wang Zhen, he said: "Don't do any more wild vegetable business."

Wang Zhen frowned and said, "Why?"

“This thing is hyped up by capital, and it doesn’t have that high value in itself.

In a few days, capital will chase the next trend, and the price of wild vegetables will naturally drop sharply.

If you keep doing this, you will lose all the money you make this month. "

Chen Mo had an affair with Wang Zhen.

At this time, Wang Zhen broke into a cold sweat.

In fact, during this month, he thought about betraying Chen Mo more than once and going out alone.

But his instinct told him that he couldn't do this.

fortunately!

Fortunately he persisted!

Otherwise, he would not get the information Chen Mo said today!

You must know that the funds required for monopoly channels are very huge, and Wang Zhen needs to advance all expenses himself.

Once the price of wild vegetables collapses, he will be completely done!

Working for nothing for a month is nothing, and it might even make him bankrupt!

"Thank...Thank you Brother Chen for reminding me!" Wang Zhen tremblingly brought a glass of wine to Chen Mo.

"Well, in the past few days, you are trying to find a way to package and sell the wild vegetables channel you monopolize, but don't make it too obvious, so as not to arouse other people's suspicion.

Those channels should allow you to make a lot of money, even if it was a gift from me before we broke up. "After Chen Mo finished speaking, he picked up a glass of wine and took a sip.

"Brother Chen, then...will we still have a chance to cooperate in the future?" Wang Zhen looked at Chen Mo expectantly.

If Chen Mo hadn't reminded him, Wang Zhen might still be arguing with others at the farmer's market over the three melons and two dates!

"It will happen if we are destined to."

"Hmm...but I can show you a clear path.

The Hongxing supermarket chain in Daxia has been gaining momentum in China recently.

Next, you can develop all-round vegetable channels, and then cooperate with Hongxing Supermarket. "Chen Mo said.

"Sure, Brother Chen, I listen to you!"

Just like that, the future vegetable king was tricked by Chen Mo into joining his banner.

After bidding farewell to Wang Zhen, Chen Mo bought a ticket to Southwest Province the next day, returned to the hotel, packed up, bowed, and lay down to rest.

Chen Mo roughly calculated the money he made from three businesses in the past month.

Wild vegetable business, 800 million.

For the plug-in business, 580 million yuan was given to Wan Xuebing, 10 million yuan was given, leaving 570 million yuan.

Navigation website business, 1 billion.

The cost of eating, drinking and having diarrhea only cost tens of thousands of yuan, which can be ignored.

Chen Mo made a total of 2.37 billion from these three businesses!

It has exceeded twice the passing mark for the first examination of the Elder Pavilion and is much more!

“After we finish this iron ore business, we might be able to double this number again!”

Chen Mo thought so and fell into sleep happily.

And the other side.

Shang Li looked at the information about 300 million in the text message on his mobile phone, tilted the corner of his mouth, and smiled proudly:

"Tomorrow, if I follow the plan my grandpa arranged for me, I will make almost 1.5 billion by reselling the last batch of supplies!"

"One month, 1.5 billion! Who can fight with me?!"

"I will be ranked first in this assessment!!!"

In a most exclusive hotel in the capital of the Monkey Kingdom.

Zhuge Wan'er took a milk bath out of boredom and casually looked at her phone.

"After selling this batch of generic drugs, we will earn almost 4 billion yuan. If we continue to work, there will be no profit. We can almost return to China."

"Four billion, it should shock the front teeth of all those uncles and aunts, right?"

Zhuge Wan'er's beautiful eyes turned, thinking of the way Chen Mo saved her when they were eating noodles that day, she couldn't help but slightly raised the corner of her mouth and said, "That guy will definitely be stunned by me too!"

"Hey, White Dragon King?"

"Even if you are the Dragon King of the Four Seas, if you meet this girl, you will be stepped on by me!"

"Interesting, so interesting, hahaha..."

The next morning.

Chen Mo took a plane to Tianlong City in Southwest Province.

Tianlong City is called this because it has the largest iron ore mine in the country - Tianlong Mine.

The monthly output of Tianlong Mine is 100 million tons. Most of the iron ore is sold to major domestic steel mills, and a small amount is sold abroad.

Chen Mo's last business was also related to iron ore.

Chen Mo clearly remembered that two days later, words such as "epic short squeeze" and "textbook level counterattack" would frequently appear on the front pages of all financial media, and "long short squeeze", "foreign capital squeeze", " Words such as "forced liquidation" make people "unconscious".

Subsequently, many listed companies in the secondary market were also brutally killed because of their involvement in the iron ore business. Xiayou Steel, a leading enterprise worth hundreds of billions of dollars, even suffered two price drops, and its stock price fell directly below the 100 yuan mark.

So what causes it?

As we all know, steel is an essential material for manufacturing various military products.

Recently, wars have broken out in some parts of the world, and the countries at war happen to be major iron-producing countries, accounting for 40% of global iron ore production!

Because of the war, iron ore was embargoed.

Demand continues to rise, but there is a problem on the supply side. The market naturally begins to worry about the insufficient supply of global iron ore resources, which is reflected in the price of iron ore futures on the metal exchange. In just two days, the price of iron ore has gone from less than 200 Yuan/ton has soared to a maximum of 3,000 yuan/ton!

Supply and demand are uneven and prices are soaring, which sounds fine. But this kind of rise is really outrageous.

"When anything goes wrong, there must be a monster." Behind the surge in iron ore, there is also a "black hand" behind the scenes.

Chen Mo knew that this was an opportunity for foreign investors to short-sell the private giant Xiayou Steel Group!

As a major iron ore customer of the belligerent countries, Xiayou Iron and Steel Group adopted hedging transactions in the futures market and opened short orders in order to reduce contract risks caused by price fluctuations. This was normal operation; then the international futures market suspended the delivery qualifications of several belligerent countries. ; Xiayou Iron and Steel Group was unable to produce the corresponding inventory for short orders, and was targeted by foreign investors, and forced positions began.

If the short-selling cost is 150 yuan per ton, theoretically, once the position is forced to be liquidated, the maximum loss may be 120 billion!

Foreign investment is betting that Xiayou Steel Group’s gun has no bullets (iron ore spot).

Therefore, it is reasonable for the A-share market to suspect that Xiayou Steel does not have enough spot for delivery, and the stock price plummets.

And Chen Mo also remembered the final result very clearly.

Xiayou Iron and Steel Group turned to several large domestic iron ore mines and asked them to give it priority to supply goods. It offered a price of 400 yuan per ton, and finally successfully raised enough spot goods for delivery.

Completed the counterattack against foreign investment!

What Chen Mo wants to earn is the price of iron ore rising from 200 yuan per ton to 400 yuan per ton!