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88.73% Rebirth of the Strongest Tycoon / Chapter 1362: Chapter 1362: Floating profits of tens of billions of US dollars

章節 1362: Chapter 1362: Floating profits of tens of billions of US dollars

The witness of marriage is usually one person, and in rare cases there are two, people invited by the man and woman to witness the marriage.

However, Xia Yu's wedding was very special, so in terms of inviting witnesses, he was the one in charge and did not seek the opinions of others.

They were his master Li Chunqiu and Lao Tie Bao Yugang.

When the time came to the stroke of eleven, the wedding officially began.

This wedding was destined to be a heart-stopping event, with the elders of each side present to offer their blessings to the newlyweds.

The camera captured this wedding moment in time, enough for Xia Yu and his beloved to reminisce for a lifetime.

After the wedding, the guests left one after the other, not taking up too much of Xia Yu's time during this period.

Even the parents of Elena and Cindy left.

As they left, the details of Xia Yu's marriage quickly spread like wildfire in the upper echelons of the world.

Families such as Rockefeller, Morgan, Rothschild, Wittgenstein, Hohenzollern, and Habsburg, whether they had previously attached importance to Xia Yu or not,

after Xia Yu's marriage, they all listed Xia Yu as belonging to the world's first-class power category.

Everyone knew that a huge family was rising strongly in the East!

The influence of this family extends throughout the Western world!

It even has a strong influence in the East, which is something that many families cannot match.

Of course, the upper echelons of the world spread the news, but the general public had no idea at all. Regarding Xia Yu's grand wedding, his own media empire did not publicise it, and those who were qualified to know the news did not dare to report it, and the media that were not qualified to know it naturally did not know it.

And Xia Yu?

After the wedding, he started a one-month honeymoon with his wife.

The endless pastures of western Australia, the magical and magnificent Yellowstone National Park in the United States, the picturesque Alps in Europe, and the magnificent and majestic Great Wall of China all left Xia Yu and his loved ones' footprints and laughter.

During this honeymoon, Xia Yu really immersed himself in the tour, and he didn't even inquire about the situation in the family office.

Of course, Fok Kin-ning's failure to report anything meant that nothing major had happened, which was a good thing.

The honeymoon didn't end until the end of July, when Xia Yu returned to Hong Kong.

As for his wife, she moved into the Xia residence.

The Xia residence covers an area of 88,000 square feet, and even though most of it is non-residential space such as gardens, lawns, swimming pools, rockeries, fountains, and a large garage, there is still enough living space for everyone.

However, the rooms have been rearranged, and Xia Yu and his lovers all live on the second floor, while his parents and younger siblings have moved to the first floor.

It has been less than a week since Xia Yu returned to Hong Kong.

A major event has happened in the Xia family.

Li Qian's period had not come eight days after the usual time, and after examination, it was discovered that she was pregnant!

After the news was confirmed, Xia Yu's parents were overjoyed, and Xia Yu was naturally also overjoyed. The department responsible for healthcare in the family office immediately formulated the most scientific plan for nurturing the foetus.

Naturally, Li Qian became the object of envy for others, and what followed was that Xia Yu's legs trembled for some time in the future.

If it weren't for his Tai Chi practice, which had reached a certain level of mastery, and his knowledge of health preservation, he really wouldn't have been able to withstand the turmoil.

Fortunately, after he returned to Hong Kong, his master Li Chunqiu prescribed a number of prescriptions for him to recuperate, which prevented him from losing his vitality and left him with enough energy to handle business affairs.

...

That day, Xia Yu arrived at the family office and met Fok Kin-ning, who was already able to handle affairs in an orderly manner.

'Kin-ning, I haven't been handling things for more than a month, so I'm sorry for the trouble!'

Xia Yu patted Fok Kin-ning on the shoulder and said with satisfaction.

'Thank you, Chairman Xie, for your praise. This is what I should do. In fact, all the details have been taken care of by the various companies and departments below, so my job is not too tiring.'

Huo Jianning said modestly.

'Haha...'

'Let's go to my office and show me the important things that have happened in the past month.'

After saying this, Xia Yu took the lead and walked towards his office.

His office was still spotless after more than a month of absence, with all the documents and items neatly arranged.

While Huo Jianing was getting the information, Xia Yu was happily filling a watering can with water to water the bonsai in his office.

It has to be said that marriage can transform a man.

After getting married, the string in Xia Yu's heart no longer snapped as tightly, and he cared more about life and loved it more.

In a short while,

Huo Jianing knocked on the door and came in, still holding a stack of materials in his hand.

'Chairman, this is a summary of important matters over the past month or so. It's all here, please take a look!'

'OK, put it on my desk, I'll read it later. You go ahead and get back to work, I'll find you if there's something.'

'OK, then Chairman, I'll leave now.'

Not long after he came in, Fok Kin-ning left again, and Xia Yu was once again left alone in the room.

After watering the last pot of orchids, Xia Yu put the watering can away, washed his hands again, and then leisurely went to his desk, sat down, and read the reports from the past month.

The most important thing was undoubtedly the matter he had taken the time to instruct Huo Jianning to arrange before his wedding.

Regarding the layout of the international crude oil market!

Before July, all long positions in oil futures within the consortium had been liquidated, and even the stocks of oil companies bought by financial investors had been sold.

And the plan he laid out to short-sell international crude oil futures was also implemented with great strength.

Not only did it exceed his requirement of 100 billion US dollars (not the principal), the amount doubled.

The investment departments of Bright Funds, Solomon Brothers, Polaris Capital, Bridgewater Funds, Tiger Funds, major banks and insurance and other financial companies, etc., used different leverage, invested 15.6 billion US dollars in principal, and in total, leveraged 223.5 billion US dollars to enter the market and short-sell international crude oil futures.

After all, according to statistics, the consortium accounts for nearly one-fifth of the total short positions, which can be said to be the largest short position!

Although short selling is relatively dispersed and deliberately hidden, and there is no high-profile short selling, it still has a certain impact on the international crude oil price.

The average cost of entering the market is 27.62 US dollars a barrel.

And after entering July, the volatility of the international crude oil price has become violent, and many major financial giants around the world have learned some news.

It was on July 15th.

Saudi King Fahd announced an expansion of oil production capacity to sell oil at low prices, encouraging consumers to consume oil again and stimulating global industrial and economic growth.

This is all very well and good, but all the oil-producing countries except OPEC are nervous and crying wolf.

OPEC's intentions are clear to all – they plan to dump their oil at low prices, abandon their policy of limiting production and offer low prices to compete for a reasonable market share.

The cost of oil extraction in the Middle East is the lowest, and OPEC is clearly trying to suppress oil prices, make small profits and force other high-cost oil-producing countries to cut production.

Once the policy was announced, global international crude oil prices fell.

As of yesterday, the international crude oil price had fallen to 25.58 US dollars a barrel.

So just from the previous shorting of oil futures by various companies, the consortium's floating profit has reached 16.51 billion US dollars!

And the prospects for profit are still very bright.

This is much more profitable than shorting the Canadian and Australian financial markets!


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