Chapter 96 The Ninety-Sixth Day of Not Running Away The Ninety-Sixth Day of Not Running Away...

Chapter 96 The Ninety-Sixth Day of Not Running Away The Ninety-Sixth Day of Not Running Away...

Zhang Yurong clearly wasn't in the mood for the meal.

As soon as she got back to the hospital, she rushed to the computer to check the soybean futures prices.

"It's gone up!!"

Wen Chan took off her coat at the door and casually asked, "How much has it gone up?"

“$0.30!” Zhang Yurong said excitedly.

This is no ordinary $0.30.

Soybean futures prices were around $5 per bushel until yesterday, and the price had been suppressed, rising a few dollars here and there before falling back down. Now, it's clear that the price of soybeans can no longer be suppressed.

"good."

Wen Chan nodded, "This increase is good. If it continues at this rate, we can earn ten million today."

This price includes not only the soybean futures they hold, but also the profits they made from betting with Goldman Sachs.

A few days ago, they were losing money every day to financial institutions like Goldman Sachs, but now they can finally see a return on their investment.

Soybean futures rose sharply to close at $5.60.

Darren Matt and others were extremely excited.

The following day, reports of reduced soybean production from Illinois Asia finally broke and made it into the Wall Street Journal.

Wall Street immediately sprang into action.

From morning to noon, everyone was rushing to buy soybean futures, and the futures price kept rising.

Mid-level managers at Goldman Sachs, Morgan Stanley, and Merrill Lynch were furious.

Darren hung up the phone, beaming. "Guess who just called me?"

Matt rolled his eyes. "It's just Gerry, isn't it?"

“Hey, what do you mean, ‘It’s just Gerry?’ He’s a manager at Goldman Sachs!” Darren corrected. “At his level, there are very few people on Wall Street who can talk to him!”

Matt was speechless. He glanced at the soybean futures prices on his computer and casually asked, "Why is Gerry calling? Is he giving me money?"

Darren clapped his hands and said, "You were absolutely right!"

Matt paused, looked up from behind the blue computer screen, adjusted his glasses, and looked at Darren: "What's going on?"

Darren said, "They want to buy our soybean futures, and they're offering ten million US dollars!"

"Ten million US dollars?"

When Wen Chan heard the number, she practically burst out laughing.

Darren was a little embarrassed.

He analyzed, "Ten million US dollars is not a small amount. The total amount of soybean futures we bought was only five million US dollars, so this is equivalent to doubling."

Wen Chan said, "But the money we paid to Goldman Sachs and those other institutions was almost ten million."

Wen Chan calmly shook the newspaper in her hand and said lightly, "This decision was definitely not made by Goldman Sachs on its own. They joined forces to try to stop the losses, but they have no sincerity at all. They really think we are beggars."

Wen Chan's words, though crude, are not without merit.

Zhang Yurong wasn't unaware of the implications. After thinking for a moment, she said, "If they ask for 30 million, there's still room for negotiation. But if it's lower than that, there's no point in negotiating; it shows a lack of sincerity."

Darren said, "Then I'll discuss it with them again."

Wen Chan curled her lips and smiled, "Actually, there's no need to waste time; they definitely won't agree."

Darren didn't believe in superstition.

Wen Chan simply let him make a phone call here to ask Mr. Gerry.

Sure enough, after the call went through, the other end of the line immediately said there was no room for negotiation when they learned that the asking price was 30 million US dollars, and even mocked the Particle Fund for being greedy.

Darren's face turned bright red after hanging up the phone.

Zhang Yurong didn't feel much, because she herself was not very willing to sell soybean futures for 30 million US dollars. She was just thinking that the fund would need the help of financial giants like Goldman Sachs in many areas on Wall Street in the future.

If I can make the other party owe me a favor, it's not a big deal to earn a little less money.

However, it was obvious that the other party did not acknowledge this claim.

Zhang Yurong was more curious at this moment and asked Wen Chan, "How do you know Goldman Sachs won't agree?"

Wen Chan chuckled inwardly.

Of course she knew; she had worked her way up in Goldman Sachs in her previous life, so how could she not understand the thoughts of middle managers like Gerry?

If they could secure soybean futures at the lowest price and help Goldman Sachs make money, that would be a great achievement. However, if they bought soybean futures at a high price, they would have to bear the risk of futures prices falling. In other words, the risk was too great, and for middle managers who were eager to make a name for themselves and climb the corporate ladder, this was something they would never do.

"Don't worry, he'll reject us now, but he'll call us later and beg us to stay."

Darren's eyes lit up: "Could soybean futures be going to keep rising?"

Wen Chan said, "Didn't your university teach you the story of the tulip mania? If an ordinary tulip can be sold for the price of a mansion, why can't soybeans? I don't believe that these vultures on Wall Street will let go of any opportunity to profit from this situation."

Wen Chan's prediction came true once again.

For three consecutive days, the Wall Street Journal reported on reduced soybean production, causing futures prices to rise steadily.

Major financial institutions have begun to speculate on soybean futures.

Soybeans that were previously priced at $5 per bushel rose to $6, and eventually headed straight for $8.

This is something that even ordinary people find crazy.

The amount of compensation that Goldman Sachs and others are demanding is also constantly increasing.

From ten million to twenty million, and finally heading straight for forty million.

The Zhang family's relatives were all dumbfounded. They had previously scolded Zhang Yurong for being stupid and being fooled by a Chinese woman, and now they were feeling as embarrassed as ever.

"Yu Rong, does your fund still need to invest now?"

The voice of my third uncle came from the other end of the phone.

Zhang Yurong replied perfunctorily, "Third Uncle, we don't need it anymore. It's full. Our foundation is not short of money right now."

“Yu Rong, my third uncle is getting old and doesn’t own any shares. He just wants to earn some money for his retirement…”

Before the call was even finished, another call came in.

Zhang Yurong made an excuse to disconnect and quickly switched phones.

She spent the entire afternoon dealing with her relatives and friends.

After finishing her work, Zhang Yurong saw Wen Chan sitting by the French windows, looking at the scenery outside.

Zhang Yurong couldn't help but walk over and say, "I really admire you. How come you're not excited at all?"

Wen Chan said, "I just had heart bypass surgery, and the doctor told me not to get too excited."

Her slightly dry humor made Zhang Yurong laugh out loud. Zhang Yurong said, "If this gets out, I'm afraid they'll admire you even more. There are so many people on Wall Street who are more educated than you and healthier than you, but not many, no, very few can compare to you."

Wen Chan was already used to this kind of flattery.

She said with a smile, "Darren just came by and said that Goldman Sachs plans to come to the Particle Fund in person tomorrow to discuss things."

Zhang Yurong's eyes lit up. She knew that Goldman Sachs and the others were heartbroken by their defeat, and now they held the initiative.

"Good, they finally know what it means to ask for help!"

Zhang Yurong gripped the wheelchair, her eyes sparkling as she stared at Wen Chan: "Wen Chan, will you come with me to the fund tomorrow?"

Wen Chan leaned back: "Of course."

She won't miss tomorrow's occasion.

It's a rare opportunity to rip off Goldman Sachs so badly; such a chance is enough to make history.

The next day.

When Wen Chan and Zhang Yurong arrived at the Particle Foundation, they found that the entire foundation had been completely renovated.

Zhang Yurong felt it most strongly. When she came here before, she thought the place was dusty and grimy. Even though they had hired a cleaner, the offices and desks were still very dirty and messy, probably because the place was full of smelly men.

When she walked in today, she almost thought she had gone to the wrong place.

"Darren, Matt?!"

Zhang Yurong called out.

Darren Matt and the others emerged from the break room, each one so glamorous they could easily have worked as male models.

Zhang Yurong looked them up and down with a strange expression. "Are you all crazy? Or are you trying to switch jobs and change companies?"

Just walking in made her take a step back from the overwhelming scent of perfume on these men.

Darren shook his finger: "No, no, we're not stupid enough to switch jobs at this time."

This deal will net you hundreds of thousands of dollars in dividends by the end of the year; only a fool would sell at this point.

Upon hearing this, Zhang Yurong astutely seized upon the loophole in his words, "So, you had considered changing jobs before?"

Darren looked embarrassed.

He nudged Matt.

Matt, somewhat helplessly, changed the subject: "Goldman Sachs scheduled it for 10 a.m., but I estimate they might not arrive until 11 a.m. This time, several institutions have entrusted Goldman Sachs with full authority, so their attitude is likely to be very tough."

Wen Chan walked to the window, glanced outside, and said, "I bet you they'll arrive half an hour early."

Matt wouldn't even glance at anyone else.

But when Matt heard this, he admired her from the bottom of his heart, so instead of doubting her, he asked, "Why?"

Upon hearing this tone, Wen Chan knew that the young man wouldn't fall for her trick. She felt a pang of regret, as she had hoped to swindle him out of some money so she could treat everyone to a meal.

"Because I've already seen their car parked downstairs."

She pointed outside and said.

Everyone immediately ran to the window and looked down.

It was indeed a Goldman Sachs car. Gerry from Goldman Sachs got out of the car with his entourage, all dressed in sharp suits and looking serious.

Darren wondered, "Why is Goldman Sachs suddenly being so polite to us?"

Wen Chan said, "In Chinese terms, when you offer a gift, you must have something in mind. The lower you are, the more difficult the negotiations will be today."

She instructed the interns to brew several more pots of coffee in the break room, and then told Darren and the others to eat as many croissants as possible before the guests arrived, preparing for a long haul.

"May, I have long admired your name."

As soon as Geri arrived, he greeted Zhang Yurong with a big smile and a cheek kiss.

Zhang Yurong smiled slightly, then introduced, "This is Ms. Wen, the CEO of our fund."

“Hmm?” Gerry’s eyes flickered; he had obviously heard about it too. “I heard you’re from China, that beautiful country. That’s a really nice country.”

Wen Chan declined his cheek kiss and extended her hand in advance, saying, "Thank you, but since you've flattered me so much, I won't hold back in today's negotiations."

Gerry paused, a moment of surprise crossing his face.

Clearly, he hadn't expected that China, a country known for its subtlety and euphemism, would produce such an anomaly as Wen Chan.

Wen Chan smiled slightly at him: "Just kidding, you don't mind, do you?"

"I don't mind, of course I don't mind."

Gerry burst into laughter, trying to cover up his earlier embarrassment.

However, he had a premonition that today's negotiations would not be easy.