Chapter 49: Can be used to calculate amounts?

"Manager?" Liang Haiyuan, who was closest to him, was startled by his subtle movement and glanced at him questioningly.
Su Hao, however, seemed frozen in place, his fingers hovering over the paper, his eyes suddenly narrowing!
This feeling… he knew it all too well!
Every time this feeling arose, it meant… some kind of "intuition" had been triggered!
And this time, this stinging sensation, like a weak electric current, pointed to only one result—
That thing that countless economists, analysts, and investment banking tycoons had so confidently declared, as certain, with a mere 3% probability of occurrence, almost negligible, absolutely impossible…
Greek debt default!
It's really coming!
Those beleaguered Greek politicians seem to have truly been driven to the brink, determined to commit this earth-shattering, history-altering act of "suicide"!
Su Hao slowly raised his head, meeting the dozen or so pairs of eyes in the conference room—eyes filled with doubt, tension, and anticipation. His tone was frighteningly calm, yet carried an undeniable certainty:
"I think... that 3% probability is the only truth."
"What? 3%...you mean..."
"You...you really think...Greece...will explode? This...this..."
Several traders with weaker nerves gasped, feeling the hairs on the back of their necks stand on end, a chill running from their feet to their heads!
Su Hao slowly and solemnly nodded.
Definitely!
A collective gasp, as if they'd seen a ghost, erupted in the conference room!
“Strange,” Su Hao asked, pointing to the report, “Why doesn’t this report mention any hedging tools like options that can be used for short selling?”
Liu Bo, looking bitter and helpless, shrugged:
“Ah, well… Manager, have you forgotten? That last big drop terrified the market.”
He didn’t finish his sentence, but the meaning was clear:
In that breathtaking market downturn, the major securities firms and funds that issued put options were ruthlessly fleeced by Su Hao—it was a bloodbath!
According to insider rumors, their Seventh Department’s one miraculous operation alone squeezed nearly 20 times the profit from some unfortunate individuals—it was blatant exploitation!
Anyone who was the sucker would be furious!
In the short term, who would dare to open such a high-risk, potentially risky “short-selling lottery” platform again?
He sighed and continued,
“It's not just options derivatives; even ETFs that track major European stock indices are practically extinct now.
The last major crash sent global risk assets into a panic, and market risk appetite plummeted to rock bottom.
Nobody buys these high-risk products anymore. When issuers saw they couldn't sell them, they simply delisted and liquidated them to avoid being stuck with them.”
Su Hao frowned slightly.
‘There's plenty of money, 250 million, that sounds staggering.
But there are only a few tables where you can place bets…
The domestic market is constrained, and the derivatives market has been scared into closing down…
It seems the only option is to venture into a wider, deeper ocean.’
His mind raced, and he quickly made a decision, asking:
"The foreign exchange market, it must be big enough, right? It should easily absorb our 250 million yuan order, right?"
The foreign exchange market!
What does that even mean?
The crown jewel of the global financial market!
Daily trading volume reaches a staggering 6 trillion US dollars!
Note, that's in US dollars!
Converted to RMB, that's close to... 40 trillion!
Followed by a long string of dizzying zeros!
It's the largest and most liquid behemoth in the global financial market!
Without a doubt!
In that vast ocean of a market, their 250 million yuan...
To put it bluntly, throwing it in wouldn't even create a slightly larger ripple; it's practically... a drizzle!
“Uh, Manager, theoretically that's correct… the capacity of the foreign exchange market is definitely not a problem. But the problem is… Manager, our department, according to regulations, doesn't have the authority to directly conduct foreign exchange transactions!”
Liu Bo's face showed a troubled expression.
“The company has a dedicated, independent foreign exchange trading department; they are the professionals. This matter… requires cross-departmental coordination, and it must be approved by the head of the trading department, and may even require special approval from higher-level management! The process is quite complicated.”
“If the leadership approves, can we proceed?” Su Hao pressed.
“It should be feasible! After all, there have been precedents under special circumstances.” Liu Bo answered confidently.
“For example, in the event of a major international event, when there is a genuine business need, the higher-ups will make special arrangements and temporarily approve some necessary foreign exchange or overseas stock transactions. However, the approval process will be very strict.”
Su Hao nodded, understanding.
It seems that relying on subordinates to communicate with them is hopeless; the efficiency is too low.
He had to personally go and talk to the head of their trading department—
that legendary, rule-abiding director, Li Jian, had a frank and open discussion.
"So… should we just give up on the domestic market for now?" someone asked.
"We can't just sit here waiting until we get the foreign exchange permit, can we? We still have to keep going domestically," Su Hao shook his head.
"Then manager… for the domestic market, how about we reduce the amount a little? Just to be on the safe side…"
Liang Haiyuan, looking worried again, couldn't help but suggest.
“Let me ask you something,” Su Hao interrupted, his tone calm, “Even if the exchange monitors us, will it necessarily lead to punishment?”
“Uh… not necessarily. As long as we don’t do what those manipulation cases did, dumping trading volume before the market closes, or putting more than 10% of our volume into a single stock… it’s generally just a matter of close monitoring.”
Liang Haiyuan answered honestly,
“But the problem is, even if the 250 million is bought in installments, it still comes from the same account, so they’ll definitely keep an eye on it.”
Su Hao nodded, saying nothing more.
He picked up a pen and looked again at the list of stocks recommended by the research department.
He needed to filter out targets that might rise or fall based on the premise of a “Greek default.”
He lightly tapped the first name with the tip of his pen.
'This…it feels…a little off.'
His fingertips remained expressionless.
—Pass.
'This…hmm, there's potential! The signal is strong!'
The pen touched the paper, trembled slightly, and a tingling sensation returned.
—Check!
And so, following the analysis of the "Greek default" scenario in the research department's report, combined with his mysterious "intuition,"
he planned to short stocks expected to fall and go long on stocks expected to rise.
'Um…Manager, how do you plan to allocate the funds?'
This was the truly nerve-wracking question.
How to distribute 250 million across these different stocks?
To maximize profits while avoiding crossing regulatory red lines and getting a beating from the bigwigs at the China Securities Regulatory Commission.
The delicate balance required was something even the experienced Liang Haiyuan, let alone these junior staff, wasn't sure about.
"Wait a moment."
Su Hao looked at the list, and a bold idea suddenly popped into his head.
—Could this "superpower" be used to calculate amounts?