Chapter 23: A Windfall of Over Three Hundred Million, Officially Dating Liu Suxin
A massive sell order of 4,820 lots of long positions was dumped into the market, only to be swallowed in an instant. Not only did it fail to curb the upward trend of Shanghai copper, but the bulls aggressively pushed the price up to 50,640.
The market opened with over 20,000 lots traded in a split second, demonstrating terrifying volume. The bulls surged as if injected with stimulants, climbing relentlessly; no matter how hard the bears tried to suppress it, they could not contain the trend.
Looking at the floating profit of 94.66 million RMB in the account, plus the principal of 112.547 million RMB, the total capital for the Shanghai copper futures account reached 207.207 million RMB. Yan Fei planned to withdraw 140 million and use the remaining funds to reverse and go short.
He made this arrangement because today was the final day of his cooperation with Liu Zhe. He had to return the 100 million RMB principal and the profit-sharing to Liu Zhe by next Monday, so he needed to ensure he had sufficient liquidity to avoid defaulting on his promise.
Once his mind was made up, Yan Fei stared at the Shanghai copper futures 0912 contract. Watching the high-volume market activity, he did not hesitate and chose to go short at 50,900. Because there were many long orders above, the final average execution price was 50,940 RMB per ton. He executed 2,638 short contracts, exhausting the idle funds in the account.
After taking his short position, Yan Fei stopped looking at the Shanghai copper 0912 contract and switched to the rebar 0912 contract. Seeing the current price of 4,298 RMB per ton, he noted that for over ten minutes, the rebar price had remained in a narrow, sideways oscillation, trying to attack upward but being firmly suppressed by the bears.
Observing the board, Yan Fei felt that the rebar price for the day would likely see a small increase, similar to the previous two trading days, and that the next trading day—the last of the month—would most likely see a sharp decline. There was no need to close his position today.
Picking up pen and paper, Yan Fei calculated for a while and estimated that the settlement price for the rebar 0912 contract today would be around 4,300. This meant he was still losing 20 RMB per lot on his rebar futures, resulting in a cumulative loss of just over 650,000 RMB on his 32,694 short contracts—a mere drop in the bucket.
Switching to the CSI 300 index, he saw the opening price was 3,152.04. Following yesterday's slight decline of 0.51%, it had dipped again, reinforcing Yan Fei's conviction that today would be a "Black Friday" for the A-share market.
After the opening, the CSI 300 index climbed slightly under the momentum of small long orders, quickly crossing the 3,160 mark. However, as small short orders joined the fray, it began to slide downward.
Suddenly, a massive long order of 1,000 lots appeared, devouring many short orders above it and instantly pulling the index to 3,168.19. It failed to stabilize, however, and was immediately smashed down by a 3,000-lot short order, which simultaneously drove the index into the red.
With this major short attack, it was as if the horn for a full-scale bear offensive had sounded. Order after order—some in the tens, some in the hundreds—rained down like a torrential storm, quickly shattering the 3,100 integer mark for the CSI 300.
By the time the morning session closed, the index had fallen to 3,089.57. Watching the market, Yan Fei felt that it would continue to fall in the afternoon and perhaps even plummet next Monday, depending on whether there would be any positive news over the weekend.
After tidying up, Yan Fei called Liu Zhe and then went out to hail a taxi toward the Liu Corporation Building. An hour later, just as he stepped into the lobby, he saw a young man walking toward him.
"Mr. Yan, hello. Mr. Liu asked me to escort you up." The young man smiled respectfully while sizing up the youth he had seen once before at the club, wondering why Mr. Liu valued him so highly.
Yan Fei nodded with a smile and followed the young man into the elevator to the top floor. Walking into Liu Zhe’s vast, spacious office, Yan Fei said with a smile, "Mr. Liu, I have fulfilled my mission."
Liu Zhe looked at Yan Fei’s confident demeanor, waved for the young man to leave, and then smiled at Yan Fei. "Tell me, how did the investments progress?"
Yan Fei immediately replied, "For the CSI 300 futures, there is currently 121.906 million RMB. The Shanghai copper 0912 contract account has 207.207 million RMB, and the rebar 0912 contract account has 139.276 million RMB. My starting principal was 155 million RMB. Oh, and 5 million of the profit has already been spent. The total account profit is now 318.389 million RMB. Your 100 million RMB share generated 205.4122 million RMB in profit. According to our 30/70 profit-sharing agreement, your share is 61.6236 million RMB."
Hearing this, a look of shock appeared on Liu Zhe’s face. Although he had anticipated that Yan Fei’s speculative investment would be profitable, he hadn't expected it to reach over 300 million—far exceeding his expectations.
After a brief silence, Liu Zhe looked at Yan Fei seriously and said, "A truly formidable youth. To earn over 300 million RMB from the secondary market in less than two weeks is equivalent to the entire net profit of our Liu Corporation for a month. You are truly an investment genius."
Liu Zhe’s praise was a high honor. The Liu Corporation was the property of the entire Liu family, with total assets reaching the 100-billion-yuan scale and a market capitalization of 50 billion—a prominent conglomerate in the entire city of Shen'an.
"Thank you for the compliment, Mr. Liu," Yan Fei replied calmly. "On Monday, I will transfer the money to your company's account. Aside from the interest, should the remaining money be transferred to your personal account, or how would you like to handle it?"
Liu Zhe was silent for a moment before saying in a deep voice, "As the capital volume grows, the profit index naturally drops significantly, and the difficulty of trading rises geometrically. Once you establish your private equity firm, I will back you with investments."
Hearing this, Yan Fei replied happily, "Thank you, Mr. Liu. I will certainly work hard and establish the private equity firm as soon as possible."
Clever people understand each other with a word. Liu Zhe nodded and continued, "Transfer 110 million to the company account. Give the rest to Suxin. I will not interfere with your dealings, but remember: if you dare to make Suxin sad, I will show you the true power of the Liu family."
Hearing Liu Zhe’s threat, Yan Fei was not alarmed but overjoyed. He said respectfully, "Don't worry, Uncle Liu. I will never let Suxin feel even a hint of unhappiness. I will love only her for the rest of my life."
After receiving this unexpected joy, Yan Fei left the Liu Corporation Building. Standing on the side of the road, he called Liu Suxin and asked happily, "Suxin, where are you? I have great news to share with you."
Hearing Yan Fei’s joyful tone, Liu Suxin became happy as well. She smiled and said, "I'm at the cafe. I wanted to find you, but I was afraid you were busy, so I didn't want to disturb you."
"Wait for me, I'll be there soon." Yan Fei hung up, hailed a taxi, and arrived at Liu Suxin's cafe half an hour later. Unable to contain his joy, he grabbed Liu Suxin’s hand, causing her to blush and freeze for a moment in surprise.
Flustered, she was led by Yan Fei into a private booth. After listening to his joyous news, Liu Suxin finally recovered, looking at him in disbelief. "Are you saying that in these two weeks, you earned over 300 million RMB?"
Yan Fei nodded and smiled. "According to the profit-sharing ratio with your father, your 15 million investment earns you 9.24 million. Plus the 51.624 million your father is giving you, you have a total of 75.8637 million RMB."
Hearing the massive sum of over 70 million, Liu Suxin’s shock slowly subsided. She said seriously, "Yan Fei, I didn't lend you the money expecting a return. I can't take all this money."
Listening to her and feeling her sincerity, Yan Fei pondered for a moment and said, "I'll transfer 20 million to your personal account. I'll invest the rest into Momo Technology, and we will each hold 40% equity."
"Momo Technology?" Liu Suxin asked curiously. "What is that? Is it a new company you invested in?"
"No!" Yan Fei replied firmly. "Momo Technology is a new social networking company for strangers that I founded. The registered capital is currently 100 million, and I plan to raise it to 120 million. 20% of the equity will be placed in an incentive pool. I believe that in the future, Momo Technology will definitely be a multi-billion-dollar social media giant."
Looking at Yan Fei’s confident and radiant face, Liu Suxin looked at him with admiration. She smiled serenely, "I believe in you. Let’s do as you say. As long as our Momo Technology reaches a valuation of ten billion in the future, Father..."
Hearing the sudden sorrow in her voice, Yan Fei took her hand and said with a smile, "Suxin, I have some good news. Uncle Liu has agreed to let us date."
"What?" Liu Suxin suddenly looked up, shocked and nervous. "Really?"
After receiving his confirmation, Liu Suxin blushed deeply and pouted shyly, "Who wants to date you! Hmph!"
Seeing her turn away, Yan Fei hugged her from behind. Liu Suxin felt her body soften, and she leaned into his embrace. The atmosphere between them became heavy with breath.
Feeling Yan Fei’s warm presence, Liu Suxin shyly closed her eyes. Yan Fei leaned down and kissed her, both immersed in the sweetness of love until they were out of breath and had to reluctantly pull away.
Leaning in his arms, Liu Suxin was incredibly happy. They whispered sweet nothings until dark, then went out to eat and later visited Yan Fei’s new home at Xiangmi Lake No. 1.
After seeing his place, Liu Suxin drove home. Yan Fei decided to buy a car the next day; it was inconvenient to travel otherwise, and now that he and Liu Suxin were officially together, he couldn't keep letting her drive him home.
The next day, Yan Fei called Liu Suxin to talk about buying a car. She immediately insisted on coming over to help him choose. Before long, they arrived at a Mercedes-Benz dealership.
Having lived two lives, Yan Fei had passed the stage of youthful impulsivity. He wasn't looking for a sports car or something flashy, but rather a steady and elegant business sedan.
As they walked into the 4S shop, a salesperson immediately approached. Seeing Yan Fei and Liu Suxin, they correctly guessed that the two were wealthy and smiled respectfully. "Welcome! We have the new Maybach and AMG, as well as the GT500. Whether it’s for business or a cool sports car, we have it all. Feel free to take a test drive."
Yan Fei smiled and said, "My budget is only enough for an E300. Could you show me those?"
Hearing this, Liu Suxin pulled on Yan Fei and said lightly, "That's too business-like. It doesn't suit us young people at all. Let's get the GT500. It’s stylish, dynamic, and fits our vibe."
The salesperson immediately beamed. "Respected guests, please follow me. Over there is our latest GT500 model, with a dual-tone finish and aerodynamic lines..."
Standing in front of the Mercedes GT500, listening to the salesperson's introduction and looking at the cool exterior and beautiful body, Yan Fei felt his dormant heart ignite with renewed passion. A surge of excitement rushed through him.
Sitting inside the car, feeling the luxurious interior and understated elegance, Yan Fei looked at the salesperson. "Can I take it for a test drive?"
"Yes, sir!" the salesperson replied. "Please wait a moment while I prepare the paperwork."
Soon, the paperwork was ready. Yan Fei drove the GT500 out of the shop with Liu Suxin, experiencing its performance and agility on the road.
Half an hour later, Yan Fei returned to the shop, stepped out, and said to the salesperson, "It’s really great, but unfortunately, my budget is limited."
Liu Suxin stood to the side, smiling. Seeing the salesperson look slightly disappointed, she stepped in. "Go get the contract. We'll take it."
Looking at Yan Fei, Liu Suxin smiled. "Fei-ge, you helped me earn so much money; let me buy this car for you."
Feeling her determination, Yan Fei didn't play coy and nodded, accepting her gift. They quickly processed the paperwork, spending over 1.5 million RMB. Leaving behind their documents, they entrusted the shop to handle the rest. In two days, the car would be delivered to Xiangmi Lake No. 1.
After buying the car, they had lunch together and spent the afternoon at Lianhuashan Park. Walking along the tree-lined paths, hand in hand like a couple deeply in love, they were the envy of everyone around.
Enjoying the scenery and relaxing, they didn't leave the park until dusk. They had dinner and kissed goodbye. They made plans to meet again on Sunday.
That weekend, Yan Fei and Liu Suxin had a wonderful time. Their relationship progressed rapidly, though they remained restrained, stopping at gentle kisses.
Time flew to Monday, the last day of the month. Yan Fei opened the Shanghai copper 0912 contract early. Looking at the call auction, he found the bulls to be extremely fierce, with massive orders constantly pushing the price up to 51,180.
Seeing such aggressive bulls, Yan Fei glanced at his floating losses. His mood did not fluctuate; he stared at the screen calmly, convinced this was merely the final, desperate struggle of the bulls.
However, as the five-minute call auction concluded, the opening price for the Shanghai copper 0912 contract landed at 51,280. It was like a slap in the face, as if to say to Yan Fei, "You want to go short? Dream on!"