Chapter 478: Full-Scale Takeover!
The next day, early morning!
Lan Xinyi and the others were still asleep inside the villa halfway up the mountain when they suddenly heard frantic knocking at the door, followed immediately by the henchmen shouting for them to wake up.
When the eight of them hurriedly got dressed and came out of their rooms, they were surprised to find Li Yi—who had been “in seclusion” for three straight days—standing there.
More importantly, he was fully dressed and waiting for them in the living room.
Seeing this, Lan Xinyi’s eyes lit up, and she hurriedly asked, “Mr. Li, are we heading to the company?”
“You have five minutes. We’re leaving in five minutes!”
“Yes!”
Without a moment’s hesitation, Lan Xinyi responded and immediately went back inside, put on her shoes, grabbed her bag, and returned to the living room.
The others followed suit, and they were all assembled in no time.
Li Yi was very pleased with their performance.
Right then, he led Lan Xinyi and the others out of the hillside villa, and with Iron Eagle and the others providing escort, they headed straight for the city center.
Once in the city, Li Yi first took them to a nice restaurant for breakfast before heading to the Far East Association’s stock exchange.
Once they arrived at the stock exchange, Li Yi informed them of the changes in the Hang Seng Index over the past few days.
When Lan Xinyi and the others learned that the Hang Seng Index had plummeted to just over 1,500 points, they were all stunned!
As professional traders, they naturally understood what this meant.
In other words, in just these three short days—without this man even needing to set foot in the exchange—he had made 160 million Hong Kong dollars.
To them, this was simply too surreal!
This wasn’t just any stock—it was shorting a futures index. Was there even such a thing as a long-term strategy for this?
At the very least, they’d never seen anything like this before—this was truly an eye-opening experience!
After a long silence, Lan Xinyi couldn’t contain the countless questions swirling in her mind any longer. Summoning her courage, she asked, “Mr. Li, could you tell me how you did it?”
“Of course… I can’t!”
Then, Li Yi added, “Don’t dwell on the past. Just follow my instructions now. As soon as the market opens, start buying up contracts with everything you’ve got!”
“What price should we set?” Lan Xinyi asked immediately.
“76,000 per contract!”
Hearing this, the rest of the team immediately began to murmur among themselves. Lan Xinyi’s older brother, Lan Xinming, stepped forward and said, “Mr. Li, I think…”
Before he could finish, Lan Xinyi grabbed him and pulled him aside, then turned directly to Li Yi and said, “Mr. Li, we’ll go get ready right away!”
Immediately afterward, she gathered the entire team in front of Li Yi and said sternly, “We promised Mr. Li that we’d follow his orders. I don’t want anyone questioning his decisions anymore. Anyone who does so again will face the consequences!”
Lan Xinyi was undoubtedly the core of the entire team. Upon hearing her words, everyone immediately nodded in understanding.
Seeing this, Li Yi nodded in satisfaction.
It seemed that leaving them on the sidelines for the past few days had been quite effective.
He had chosen Lan Xinyi’s team in the first place because he felt this woman was highly perceptive and knew exactly where she stood.
As far as Li Yi was concerned, he could tolerate team members who lacked ability, but he could not tolerate disobedience.
Clearly, Lan Xinyi met his requirements better than Zhang Jianxi.
However, judging from their collaboration on the first day, although these people were relatively obedient, they still considered themselves the experts and were full of resentment.
Especially Lan Xinyi’s older brother—he actually thought he could tell him what to do!
Li Yi naturally wouldn’t tolerate this kind of behavior, so he kept them on the sidelines for the next few days.
Li Yi knew full well that with such rebellious or self-righteous people, reasoning with them was pointless.
The most direct approach was to defeat them in the very field they excelled at; that way, they would submit to him.
And that was exactly how Li Yi intended to show Lan Xinyi and the others: in his presence, their so-called professional skills, work experience, and achievements were worthless!
Even without heeding their advice, he could still work miracles!
Clearly, Lan Xinyi got the message!
At Li Yi’s command, Lan Xinyi and the others immediately changed into their work uniforms and began preparing in a hurry.
………
At 9:30 a.m., the four major exchanges opened simultaneously!
As the opening bell rang, all staff members sprang into action.
Meanwhile, Lan Xinyi and the others, who had already been waiting in line, immediately followed Li Yi’s instructions and posted all the contract orders.
At the same time, the exchange displayed the latest Hang Seng Index reading—1,518!
In other words, right at the opening, the Hang Seng Index had dropped by 10 points from yesterday’s closing level.
Based on this current figure, the value of a single contract was now just under 75,900.
Lan Xinyi and her team had listed a buy price of 76,000, exactly 100 Hong Kong dollars higher than the contract’s value.
Seeing that someone was actually buying futures contracts, investors who had watched the Hang Seng Index breach their psychological support levels for several days in a row didn’t hesitate. They rushed to list their own contracts.
Lan Xinyi and her team, of course, accepted every offer, and soon secured 16,000 contracts!
After securing 16,000 contracts, Lan Xinyi immediately returned to the VIP room to report back!
“Mr. Li, we’ve completed the acquisition of 16,000 contracts. Should we continue buying, or should we settle with the company?”
As mentioned earlier, shorting futures essentially involves borrowing contracts from an institution, selling them at a high price, and then buying them back at a lower price to return them to the institution.
On the 17th, Li Yi borrowed 16,000 futures contracts at a cost of 210 million HKD and sold them all at 90,510 HKD per contract, netting 1.448 billion HKD.
And just moments ago, they repurchased 16,000 futures contracts at HK$76,000 per contract, spending HK$1.216 billion.
Now, all they need to do is return these 16,000 contracts to the institutions. The 230 million HKD profit margin represents the money earned over the past few days. After deducting their initial investment, various taxes, and commissions, the net profit is at least 180 million HKD!
But just as everyone was eagerly awaiting Li Yi’s order to settle the positions, he fixed his gaze on Lan Xinyi and said, “Miss Lan, repeat my order!”
Lan Xinyi was taken aback for a moment, then replied, “Acquire the contracts with full force!”
“What do you mean by ‘full force’? Full force means pouring every last cent of your available funds into this!” Li Yi said in a deep, stern voice.
Hearing this, Lan Xinyi and the others were once again stunned by Li Yi’s recklessness.
Even though they had just poured so much capital into buying futures contracts, it still hadn’t stopped the Hang Seng Index from falling.
Although the rate of decline had slowed, it had still fallen to 1,508 points—a further drop of 10 points from the opening price.
If they were to go all-in on buying futures contracts, their investment strategy would shift from shorting to going long.
Theoretically, they currently had HK$1.448 billion in available capital; if they went all-in, they could purchase 19,206 contracts.
This meant that for every single point the Hang Seng Index fell, they would lose 960,000 Hong Kong dollars!
Such terrifying profit-and-loss figures were something even a top-tier trader like Lan Xinyi had never seen before; for a moment, she was completely stunned.
Fortunately, Lan Xinyi possessed exceptional mental fortitude. After a few seconds of stunned silence, she regained her composure and immediately said to Li Yi, “Mr. Li, I know exactly what to do!”
With that, Lan Xinyi hurriedly led her team members to the trading floor ahead!
Watching Lan Xinyi and the others walk away, a faint smile touched the corner of Li Yi’s lips…
………