Chapter 18 327 Treasury bond futures delivery date

There are only a few days left before the 327 Treasury Futures Delivery Day. Kong Riguang and Mr. Zhang from Sunshine Securities came to a quiet manor in the suburbs of Shanghai.

Liu Wenqi, deputy director of Shanghai Oriental TV, has already stood outside the door and waited

Hello, Master Liu, this is the Chairman of our Sunshine Group, Director Kong

Mr. Zhang and Liu Wenqi were familiar with each other and quickly acted as the introducer.

Liu Wenqi glanced at Kong Riguang and said to himself: What a fuck, this little guy looks only about twenty years old, he is already a good person.

But on the surface, he was full of smiles and leaned over to compliment: Oh, Dong Kong is so young and promising, amazing!

Kong Riguang also smiled and said: Master Liu, you are so polite...

After a few polite words, Liu Wenqi ordered a young girl behind him: Xiao Dong, take Kong Dong and the others to the private room first, and I will come later.

This girl is Dong Qing from Shanghai Oriental TV. She nodded quickly, took two steps, and said to Kong Riguang and Mr. Zhang with a smile: Hello, Mr. Kong, I am Xiao Dong from Oriental TV. Please come with me

Kong Riguang was stunned. Although the girl in front of him was still very immature, wasn’t this the future gold medal host Dong Qing of CCTV?

Basically, every Chinese will not know this excellent female host. After all, Dong Qing has hosted the Spring Festival Gala for ten consecutive years and is the number one sister of CCTV. Her beautiful and intellectual image is well-known.

It turns out that she debuted on Shanghai Oriental TV!

Kong Riguang looked at Dong Qing blankly, and his blue eyes were like magnets, which completely attracted Dong Qing, and the girl who was not very experienced in the world shouted in her heart: So handsome! This boy is so handsome! How could there be such a handsome boy!

It was not until he found that Kong Riguang was looking at her with a smile that Dong Qing suddenly realized, and immediately lowered his head with a red face and said in a mosquito-like voice: This... here...

While saying that, walking towards the stairs quickly as you ran away

Kong Riguang smiled at the corner of his mouth. Although Dong Qing is not very outstanding in terms of appearance, especially when he is not good-looking, he is a little bleak, but he is very good at having a very good temperament. When he watched CCTV in his previous life, he fancied about this CCTV-1 sister many times.

Walking into the room, I saw a man who looked less than 30 years old with glasses waiting.

The man in glasses saw Kong Riguang coming in, and quickly stood up and took two steps to welcome him: This must be Kong Gong of Sunshine Securities, hello

Kong Riguang smiled and shook hands with the other party, and took the card handed over by the other party.

I saw that the card read Wei Dong, general manager of Shanghai Yongjin Industrial Co., Ltd., and said: Hello, Mr. Wei

This is Ah, the famous Yongjin CEO in the future. Although she is young, she has a smart and extraordinary momentum. She is indeed one of the trendsetters of the times.

The two of them politely said a few words and then sat down separately

Soon, Liu Wenqi also came in. He whispered a few words beside Wei Dong. Wei Dong frowned and said softly: Forget it if that person doesn't come, don't force it.

After saying that, he smiled at Kong Riguang and said: Another friend suddenly had something to do and couldn't come. No matter who he is, let's have a meal first.

Dong Qing sat on the chair next to Kong Riguang. It was obvious that Liu Wenqi had already ordered it before.

While eating, everyone was talking about some unnutritious polite words. Finally, Wei Dong pointed out the topic: Mr. Kong, as far as I know, your company is doing its best to go long in this 327 treasury bond futures and used more than 200 million to build a position. It is really surprising.

Kong Riguang thought to himself, and smiled and said: That's right, Mr. Wei's news is really good.

Wei Dong also smiled bitterly and said: Actually, most of my funds have been invested in and I have been building a position for too long. Now I am frightened every night, afraid of a mistake, but I will lose all my money.

Kong Riguang complained: If you hadn't received news from the Ministry of Finance that the government would have been redeemed for a high amount of treasury bonds early in the morning, how could you be so bold

But I said: Actually, I am quite nervous. The government bond redemption price of the Ministry of Finance will come out in a few days. If the redemption price is too low, my investment of hundreds of millions will be lost.

Although Dong Qing next to her received an order from Liu Wenqi to ask her to have dinner with the client, she never knew who the earth-shaking handsome man next to her was.

Now I heard that he was investing hundreds of millions of dollars casually, and I was so stunned.

You should know that it is 1995, and the wages of ordinary workers are only a few hundred yuan a month. Not to mention hundreds of millions, even hundreds of thousands are already astronomical for Dong Qing now.

Could this young handsome guy be a big boss?

Dong Qing secretly looked at the handsome face next to her, and thought a lot in her heart, and before she knew it, her face turned red again

Wei Dongzhe pretended to sigh: So I admire your courage, Dong Kong, and you dare to spend all your funds. It's amazing.

Kong Riguang knew that this was the other party’s suspicion. It was normal for a securities company to put all the eggs in the same basket. It was abnormal to concentrate all the money in one place like himself.

The other party originally represented the interests of the big boss of the Ministry of Finance, so naturally he doubted whether an internal person leaked the treasury bond redemption price to himself in advance.

For the faction represented by Wei Dong, such behavior is naturally very serious, so we have to investigate it clearly

It’s just that I have the identity of a Hong Kong businessman. When I returned almost 97, the other party didn’t dare to do anything too much, so I had to try indirectly in this way.

Kong Riguang laughed and said: Mr. Wei, don’t be afraid of you laughing. Actually, I’m just trying to breathe

Wei Dong was stunned for a moment and couldn't help asking: In one breath?

Kong Riguang nodded and said: I inherited Sunshine Group from my father Kong Yang. However, many old employees saw that I was young and were a little disobeyed the decisions I made. Everyone below opposed it. So, this time I gave orders to do more, just to tell the people below who is the boss! Besides, even if I was wrong, I lost my own money and others have no right to interfere.

This was filled with energy, like a heartless and rich second-generation prodigal, and Wei Dong's mouth twitched straight when he heard it.

But he believed it a little, because he had investigated that when Sunshine Securities began to build positions, the Ministry of Finance had not yet determined the final redemption price of the treasury bonds. At that time, it was impossible for an internal staff to notify Kong Riguang to let him do his best to do it long.

Kong Riguang is a time traveler, which is something that Wei Dong could not even think of if he broke his head.

He beat him up and said: Dong Kong is really a very good person. I'll give you a glass. After that, he raised the wine glass in his hand

Kong Riguang also raised his glass with a smile and raised his voice: Master Liu, Mr. Zhang, let's come together.

Liu Wenqi and Mr. Zhang hurriedly raised their glasses, and even Dong Qing clinked the glasses with Kong Riguang.

Kong Riguang took a sip and asked Dong Qing: Can this beautiful lady tell me your name?

After drinking, Dong Qing's face turned a little blushing, but at this moment he was even more blushing. He lowered his head and replied shyly: Dong Kong, my name is Dong Qing

Kong Riguang laughed and drank the wine in the glass and said: Good name, it's worth this one

Seeing this, Dong Qing held back his shame and raised his glass and said: Dong Kong, I wish you all the best and all your wishes come true! After that, he drank it all in one go.

Kong Riguang immediately proudly said to Wei Dongdao: Mr. Wei, I was still nervous at first, but after Ms. Dong encouraged me like this, I felt full of confidence and would definitely make a big profit on the delivery day!

Wei Dong really had nothing to say, but he knew that the final repayment price of 327 treasury bonds was finally paid. He understood that the second-generation rich man in front of him would definitely get what he wanted and make a big profit.

Kong Riguang looked a little drunk and said with his tongue: In fact, Sunshine Group's main investment is in Hong Kong and the United States, with a capital of ten times that of this place. Even if the hundreds of millions of yuan are really lost in mainland China, it will not be a big deal. It doesn't matter, haha

The Internet has not been popularized in the mainland yet, and the credit is not well developed. Wei Dong doesn't know much about Sunshine Group and can't help but think: This makes sense. Perhaps it's just this rich second-generation in Hong Kong who is on a whim, so he does such an outrageous thing. For him, I'm afraid that even if he loses hundreds of millions of yuan, it doesn't matter.

Wei Dong was also fooled. If hundreds of millions of yuan were really lost, Kong Riguang would be heartbroken.

Although a meal is a false mutual routine, it can be considered as having a good time for guests and guests.

At this time, at the Shanghai headquarters of Wanguo Securities, Wei Zhe ran into the general manager's office in panic and said to Guan Jinsheng, who was sitting at his desk studying materials: "My management is not good, I got the news that the treasury bond redemption price will be 1,485 yuan!"

Guan Jinsheng's expression changed drastically. He stood up straight, slapped the table hard, and said loudly: Impossible! How could it be so high!

Wei Zhe's voice was a little trembling: My classmate in the Ministry of Finance told me secretly, and said it will be officially announced in two days.

Guan Jinsheng had a blue face and ordered: Call all senior executives for a meeting immediately, go immediately!

After saying that, after watching Wei Zhe go out, Guan Jinsheng collapsed on the chair of the big class and murmured: 1485...1485 yuan...this...this...this...this...

In fact, if the normal treasury bond redemption price is about 132 yuan per 100 yuan of treasury bond redemption, Guan Jinsheng judged that even if the Ministry of Finance would provide a certain subsidy, it would be only 140 yuan at the top. Wanguo Securities also shorted it with this benchmark as a consideration.

However, now the Ministry of Finance has raised the redemption standard to 1,485 yuan, which is completely beyond his expectations.

As the godfather of the Chinese stock and securities market, Guan Jinsheng naturally has various official relationships.

He calmed down, then took his cell phone and dialed a phone number

Hello, Mr. Wei? My old manager, haha, I'm disturbing you

The Wei General who he mentioned was Wei Wenyuan, the boss of the Shanghai Stock Exchange at this time

The Shanghai Stock Exchange was established in 1990 and is the most important management and supervision agency in China's securities market.

Wei Wenyuan is the main designer and founder of the Shanghai Stock Exchange

During the establishment of the Shanghai Stock Exchange, Guan Jinsheng's Wanguo Securities also made a lot of efforts, so the two have always had a good relationship.

Mr. Guan, you have to be polite, is there anything wrong?

Guan Jinsheng couldn't help but feel a little shocked in his heart. Wei Wenyuan's tone was obviously a bit deliberate. This was absolutely abnormal!

He was anxious and too lazy to be polite, so he asked directly: Mr. Wei, I want to ask one thing, it is said that the Ministry of Finance has come out for the subsidy standard for the 327 national debt?

The other end of the phone was obviously silent, and then Wei Wenyuan's voice came: No, I haven't received any specific news yet

Guan Jinsheng was a little anxious and asked: But I got the news that the redemption price was 1,485 yuan! Lao Wei, I have been friends with you for so many years, you have to help me!

The other end of the phone sighed and said: Mr. Manager, there is still some time. You should find a way to raise the average short order price of your own position.

Then, the phone hung up

Guan Jinsheng collapsed on the chair in a daze. After a while, he suddenly clenched his fists, pounded the table with a bang, and roared like an injured wolf: I don’t agree! I! I don’t agree!

On February 23, 1995, the 327 Treasury Futures Delivery Day is Coming

Since the Internet has not been popularized in mainland China, it is naturally impossible to have online transactions as convenient as in later generations.

The Shanghai Stock Exchange gathered all kinds of people from all over the world

Zhou Zhengyi is a native of Shanghai, only 34 years old this year

He has a thin face and looks very smart and hardworking

At this time, he just made his first pot of gold by running a stew shop, and he just entered the class of rich people.

This time, 327 Treasury Futures was a big bet for him. Because he received guidance from an insider, he invested all his funds and tried his best to go long.

If it is really as that insider said, then he will probably double his assets this time

However, if it fails, I am afraid that years of struggle will be lost.

Soon, the Ministry of Finance should announce the redemption price of 327 treasury bonds immediately, and success or failure will be achieved in one fell swoop!

Because Zhou Zhengyi was too nervous, he felt that his breathing was a little uncomfortable

At this time, a man next to him handed over a cigarette and said with a smile: Brother, come one?

Zhou Zhengyi is also a good friend, Linglong person. He immediately took the cigarette, said thank you, and asked: Brother, you should have a Sichuan accent?

The man looked about 30 years old, over 1.75 meters tall, quite handsome. He replied: Yes, I'm doing some small business in Mianyang, brother, you bought 327 too? After that, he handed over a card to Zhou Zhengyi.

Zhou Zhengyi took the card and saw that the man was named Liu Han, the store manager of Guanghan Pingyuan Industrial Co., Ltd.

He also handed his card over to the other party and said evading the important thing: I just bought a little, just play with it.

These two storied figures in the Chinese political and commercial market have not yet made a formal fortune at this time, so they naturally have no airs and are talking casually

At this time, there was a commotion at the door, and a group of more than a dozen people walked in.

But the staff from the Shanghai Stock Exchange came out to greet him and brought the group into the room next to him.

Wow, is there a V room for big customers over there?

It is a VIP room, which means VIP room!

Those people just now, even the people on the Shanghai Stock Exchange are serving like dog-legged

No, you are not even a group of people who are playing stock futures?

I came from the Northeast. Just two days ago, I know who that person is!

Oh, man, don’t get angry, Jin Sheng, the boss of Wanguo Securities, who is the leader, and Plateau, the boss of Liaoning Guofa Group...

At this time, Liu Han and Zhou Zhengyi on the side showed envy in their eyes. They naturally knew Guan Jinsheng, the godfather-level figure, that they had just become little rich people with a net worth of over 100 million yuan, and were naturally incomparable to Guan Jinsheng, who owns Wanguo Securities, the largest securities company in mainland China.

Of course, in the future, one of them became the richest man in Shanghai and the other became the richest man in Sichuan, but they were more honorable than Guan Jinsheng

After a while, a young man with black hair and blue eyes walked in at the door, and a few men in work uniforms were also led into the VIP room by the staff of the Shanghai Stock Exchange.

Liu Han said in surprise: Who is that young man?

Zhou Zhengyi frowned and said: The person following behind seemed to be a vice president of Sunshine Securities. Could it be that young man was the boss of Sunshine Securities?

Kong Riguang naturally didn't know that he had been paid attention to by two future figures in the mainland. He walked into the VIP room and the few people followed were staff members of Sunshine Securities, led by Vice President Zhang.

Except for Kong Riguang who had predicted, everyone was nervous because all the funds of Sunshine Securities had been invested. The success or failure of this futures battle was related to everyone's vital interests.

Due to various rumors in the market, the private redemption price of treasury bonds has been raised to around 147 yuan recently, and the average position building price of Sunshine Securities, which has been buying from lows since more than 130 yuan, has also reached more than 142 yuan.

If the redemption price of the Ministry of Finance is below 140 yuan, then Sunshine Securities, which is fully committed to long, will inevitably suffer great losses.

At this time, Kong Riguang asked everyone to sit down with a faint smile on his face and said: OK, don't be nervous, I'll tell you a few news first

Several subordinates led by Mr. Zhang sat down on the sofa in the VIP room and listened carefully

Kong Riguang continued: First, I have the exact news that the final redemption price of the Ministry of Finance is 1,485 yuan

As soon as he finished speaking, Mr. Zhang and others cheered and let go of the big stone in their hearts

If the final redemption price announced by the Ministry of Finance is 1,485 yuan, no matter how the short group led by Wanguo Securities smashes the market, it will not be possible to make the price below 142 yuan.

Then Sunshine Securities is just a matter of how much it makes, and there is no risk of losing money

Assuming the final transaction price of 327 treasury bonds is 1,485 yuan, then Sunshine Securities can have a difference profit of at least 6 yuan.

What does 6 yuan mean? For Sunshine Securities, it means more than 4% profit

Since the futures products in mainland China are new things, all regulations and supervision are not perfect. For example, the margin for 327 treasury bond futures is only 25%, which means that a margin of 100 million can be done with a business of 4 billion yuan.

Although Sunshine Securities only uses more than 200 million yuan in funds as margin, it can actually leverage nearly 10 billion astronomical figures.

A 4% profit of 10 billion is 400 million Ah, which means that Kong Riguang's investment of more than 200 million yuan can bring more than 400 million yuan in just half a year, which is simply a bank robbery.

Moreover, this is because he acquired too much and built a position relatively late. In the end, he had to be forced to raise the price of the position.

If you build a position at a small low level in the earlier stage, for example, when the price of a treasury bond is below 135 yuan, use 25 million as margin, and buy 1 billion, the principal can be several times in a minute.

In history, talented people like Zhou Zhengyi and Liu Han made a fortune in this 327 treasury futures delivery and reached a new level.

Kong Riguang looked at several subordinates who showed excitement and said: Second, I have raised nearly 400 million yuan in additional funds and can be called at any time.

Through Uncle Tong’s relationship, he mortgaged all Sunshine Real Estate and Shenzhen’s factories, borrowed short-term loans from the bank at high interest rates, and borrowed a total of more than 400 million yuan in total.

Before, Kong Riguang was afraid of attracting the attention of Zhongjing Development Bank, led by Wei Dong, so the money was still unchanged. But today, it was time for everyone to find out what they were doing, so naturally there was no need to hide it.

Mr. Zhang and others were naturally shocked again, with 400 million Ah, and the entire Sunshine Securities' assets were not 400 million, but his boss actually raised them secretly.

Kong Riguang continued: Third, in order to thank you for your hard work over the past six months, I will give you the specific bonuses to Sunshine Securities. The specific bonus plan will be announced tomorrow, but the total bonus will not be less than 10 million yuan.

Everyone, including Mr. Zhang, suddenly felt a boil. The total number of employees of Sunshine Securities was less than 100,000 yuan, and each person was at least 100,000 yuan.

In the mid-1990s, the salary of ordinary securities firms was only a few hundred yuan, and 100,000 yuan was equivalent to the total salary for several years.

A good boss will talk to his subordinates about remuneration and future, while an average boss will talk to his subordinates about remuneration, while a bad boss will only talk to his subordinates about future.

Kong Riguang asked himself that even if he was not a good boss, he was unwilling to be a bad boss who only knew how to make chicken soup.

At the same time, Guan Jinsheng, who was waiting for the opening of the market, and all the major bears under his rank were solemn. The final redemption price of the Ministry of Finance was 1,485 yuan, and it is no secret that these brokerage bosses naturally knew.

Sitting in the middle of the room was Guan Jinsheng of Wanguo Securities. He visited Wei Wenyuan, the boss of the Shanghai Stock Exchange, last night. Xu and Chongli hoped that the other party could come forward and let the Ministry of Finance delay the announcement of the final redemption price of the treasury bond futures for several hours, but Wei Wenyuan flatly refused.

Guan Jinsheng said at this time: Everyone knows the situation we are facing. The unexpectedly high redemption of the Ministry of Finance has forced us into a desperate situation.

A brokerage company boss next to him said: I only learned about this news last night, but I can't do anything anymore. Mr. Guan. You might as well say anything if you have any plans. Everyone is on the same boat, so there is no need to hide it.

Guan Jinsheng sighed and said: For the sake of the present, we can only do our best to sell goods as much as possible and suppress futures prices.

He learned the final redemption price a few days earlier, and had a certain buffer time. In the past few days, the godfather of China Securities used up his methods and raised a large amount of funds. He redeployed the strategy based on 1,485 yuan as the benchmark.

As long as the futures price can be reduced a little, even if Wanguo Securities suffers huge losses, it can always keep it from crossing.

As for other short brokers, they are asking for more blessings.

Wanguo Securities' own capital is actually only more than one billion, but it is fine to tinker with tens of billions of dollars in trust investments it controls.

Of course, it is illegal to embezzle customers' funds in private, but Guan Jinsheng, who has nowhere to go, has ignored so much. Let's talk about it again and again

Another VIP room, Wei Dong sat with a group of senior executives from China Economic Development Trust and Investment Company. This company called Zhongjing Development is the national team directly under the Ministry of Finance.

At this time, Wei Dong's phone rang. He picked up the phone and listened for a while, and a smile appeared on his face and said: It has been officially announced there, and the redemption price is 1,485 yuan!

Sunshine Securities is also paying attention to the news from the Ministry of Finance at any time. Kong Riguang and others naturally got the news as soon as possible. Suddenly, Mr. Zhang and others finally let go of their hearts.

Mr. Zhang looked at the boss who looked taken for granted and thought to himself: I thought it was just a fun game for the second generation of a rich man. Unexpectedly... I'm afraid that the relationship network of this young man is really unfathomable. He actually got news from the Ministry of Finance half a year ago.

The entire Shanghai Stock Exchange was in agitation. Today, people gathered here are paying attention to the delivery of 327 treasury bond futures. As soon as the Ministry of Finance finally redeems the price, retail investors who were long naturally cheered, while retail investors who were short looked like they were dead fathers.

Zhou Zhengyi couldn't help but smile, and he clenched his fists with both hands. If he had delivered at the current price, he would have earned almost 100 million yuan!

At this moment, when he heard Liu Han cheering next to him, he immediately realized that this new friend was also a part of the long-term

Guan Jin was as deep as water and ordered: Sell the goods, throw the goods to me!

Seeing this, the other short brokers could only sell goods to suppress futures prices in order to reduce losses as much as possible.

Liaoning Guofa Group is the second largest short seller after Wanguo Securities. It manipulated a short order of about 10 billion yuan with a margin of RMB 2.5 billion. At this time, the boss of Liao Guofa, Gao Yuan, also blushed and ordered to sell the short.

Suddenly, his cell phone rang

Plateau walked to the corner to answer the phone: What's wrong? What!? Have you negotiated with Wei Dong?

The short seller's full efforts made the futures price turbulent, and soon fell below 148 yuan and fell to the 147 yuan range.

You know, every change in the yuan can affect hundreds of billions of huge funds, and many retail investors who are long can't help but curse.

Mr. Zhang from Sunshine Securities couldn't help but ask Kong Riguang a little nervously: Mr. Kong, do we always move?

Kong Riguang shook his head and said slowly: No hurry, let the people of Zhongjing Development start first, they are the main force.

As soon as he finished speaking, the futures price stabilized at 1,475 yuan. It was obviously supported by a strong pallet.

Wei Dong, in the other room, looked at the market coldly and snorted: Struggle to death! No hurry, let's take the goods slowly, and spend time with them to wait for Wanguo to completely fall into it, and give them a cruel one more time!

A man next to him asked nervously: Mr. Wei, please force us to close the short positions, so that we will lose too much

Wei Dong said lightly: Mr. Gao, I know that your Liao Guo has nearly 10 billion short positions on hand, but you still don’t understand the current situation? Who are the short opponents of Wanguo Securities? Do you think the short sellers still have any chance?

This man is the brother Gaoling of Gaoyuan, the boss of Liaoning Guofa Group. Seeing that the situation is wrong, the two brothers actually contacted Wei Dong, the bull commander of Zhongjing Development.

The high-neck smiled bitterly and said: We brothers naturally understand, but we have to find a way out.

He had already scolded Wei Dong for being so bloody in his heart. This stinky boy actually pretended to be a big-tailed wolf in front of him. However, the other party was the representative of the national team and had a deep background. Even if he was angry, he would have to look respectful on the surface.

Wei Dong replied: The only way out for your Liao Kingdom to issue is to tie the short position, and then immediately turn it long, cooperate with us to give Guan Jinsheng a fatal blow

The high-collar sighed and nodded helplessly

Guan Jinsheng looked as if the price was hovering around 1,475 yuan. No matter how he lowered the price, many parties could support the price.

And the short side led by itself has little money left

At this time, his assistant Wei Zhe quickly ran into the room and leaned into Guan Jinsheng's ear and said: Mr. Guan, the bank's loan has been reduced, 500 million yuan!

Guan Jinsheng was immediately excited. A margin of 500 million means a short order of 20 billion!

Finally, it alleviated the urgent need in front of me!

Guan Jinsheng stood up and shouted: Everyone, don’t have any more fantasies at this time. Those who can still sell goods will be sold with me. I will now spend another 20 billion short orders!

Suddenly, in the stunned eyes of all the investors, several huge short orders were smashed, which made the price go all the way to 146 yuan, and the bulls were defeated like a mountain of defeat.

At this time, Kong Riguang immediately ordered: We will take the order immediately, this is the best time! I will spend 400 million yuan in it!

Wei Dong on the other side sneered: This is the dying struggle of Wanguo? Take it for me immediately! We will take as much as they throw!

Suddenly, the shaky futures price immediately stabilized, and then began to flip and rise like a roller coaster!

146……1465……1472……148……1485……149……

In just a dozen minutes, it actually rose by three yuan!

Guan Jinsheng only felt cold hands and feet, and couldn't help but close his eyes

Wei Dong frowned and ordered: Check! See who else is receiving goods in large quantities besides us!

Mr. Wei is Sunshine Securities, and they suddenly spent more than 10 billion long orders!

The unreliable rich second-generation Kong Riguang suddenly appeared in Wei Dong's mind, and he gritted his teeth and said: Unexpectedly, Unexpectedly, it was hidden so deeply!

Mr. Wei, will we continue to squeeze short?

Wei Dong pondered for a moment, nodded and said: Continue, I will see 150 yuan at the close of the morning!

Kong Riguang laughed and said: Okay, we have completed the task. The market is about to end in the morning. Mr. Zhang, please book a hotel. Let’s have a good meal.

Outside, Zhou Zhengyi and Liu Han, two big retail investors who are long, both smiled. Zhou Zhengyi said: Mr. Liu, let’s have lunch together?

Liu Han was in a good mood and nodded: OK, which restaurant is good nearby?

I know there is a very good nearby. I explained in advance that Shanghai is my place. Mr. Liu, please don’t rush to pay the bill.

Guan Jinsheng's body trembled slightly, watching the futures price rise little by little, and finally broke above 150 yuan before the closing in the morning.

But he was about to run out of ammunition and food, but he had no choice but to do anything

The room was silent, and the short-selling brokerage bosses were all looking dead, and some people had quietly left the room.

No one had the heart to have lunch, Guan Jinsheng walked out of the room and kept walking towards the general manager's office of the Shanghai Stock Exchange

Pushing open the door, Guan Jinsheng looked at Wei Wenyuan sitting on the chair of the big class.

Wei Wenyuan is reviewing the morning's trading data at this time. The huge confrontation between the bulls and bears made him, the boss of the Shanghai Stock Exchange, feel frightened.

Mr. Wei, I am always asking you something. Guan Jinsheng's voice is a bit hoarse

Wei Wenyuan looked at Guan Jinsheng with red eyes, sighed, greeted him to sit down, and asked: Mr. Guan, what are you planning to do?

Guan Jinsheng took a breath, stabilized his mood, and said: Mr. Wei, can you reduce the margin ratio of Wanguo Securities?

Wei Wenyuan raised his eyebrows and immediately thought of Guan Jinsheng's purpose.

At present, Wanguo Securities is no longer enough money. If you want to continue fighting with multiple parties after the market opens in the afternoon, the only way is to reduce the margin ratio.

Now the margin ratio of everyone involved in the 327 Treasury bond futures game is 25%, which means that 10,000 yuan can manipulate 400,000 yuan of funds.

If the margin ratio is reduced, for example, to 1%, it means that 10,000 yuan can manipulate 1 million yuan of funds.

Wei Wenyuan shook his head gently and said: Mr. Guan, although I am the boss of the Shanghai Stock Exchange, the rules of the transaction were confirmed early in the morning. Even if I were me, I would not be able to suddenly change the rules for someone or an institution.

Guan Jinsheng gritted his teeth and said: The Ministry of Finance suddenly raised the repayment standards of treasury bonds, and then the national team led by China Economic Development Bank went long and strangled the bears, which was already a violation of market rules!

Wei Wenyuan said intimately: I finally understand, but, old manager Ah, it's too late!

Of course, as the boss of the Shanghai Stock Exchange, it is impossible for him to say these words. He said: Mr. Guan, although Zhongjing Development Bank is a subordinate of the Ministry of Finance, it is essentially just an investment company. Their behavior does not violate the trading rules of the Shanghai Stock Exchange.

Guan Jinsheng slapped the table and said loudly: This is unfair!

Wei Wenyuan frowned and said: Mr. Guan, you should go out first, you are very uneasy now!

Guan Jinsheng walked out in a daze. Wei Wenyuan looked at the other party's somewhat desolate back and couldn't help but sigh again.

Wei Dong and others were lying in the Shanghai Stock Exchange room to eat lunch boxes, discussing their afternoon plans

At this time, Gao Ling said: Mr. Wei, I heard that Guan Jinsheng has borrowed nearly 200 million yuan from the bank.

Wei Dong nodded and said: This should be the last force of the bears. They will probably try to smash the market as soon as the market opens in the afternoon. Your Liao Guo will turn from idle to long as the plan and give the bears the last blow.

The high collar nodded, then walked aside and called Brother Plateau.

Brother, have we already tried to settle it?

The voice from the plateau came from the phone: It has been done, the loss is huge. I hope that the afternoon somersault can hedge part of the losses

Alas, there is nothing we can do about this, who expected that the opponent this time would be the national team

Open in the afternoon

Guan Jinsheng was red in his eyes and directed to spend the last funds.

Suddenly, a short brokerage exclaimed: Oh! Liao Guo has issued too many idle orders! They... they bought a lot of long orders!

Guan Jinsheng couldn't help but exclaim: What!? Plateau, what's going on!?

When he turned his head, he found that there was no one on the seats on the plateau.

It is obvious that the original second short seller Liaoning Guofa Group has betrayed its allies and transferred to its own subsidiaries of many parties.

Sunshine Securities' room, Mr. Zhang reported: Kong, Liao Guo issued a forced closing of nearly 10 billion short positions, and all turned long under the circumstances of large losses.

Kong Riguang nodded and sighed: Wanguo Securities is finished

I saw that the futures price continued to rise from 150 yuan, and it broke above 152 yuan in a short time.

Mr. Zhang also sighed: If the market closes at 152 yuan, Wanguo Securities will lose at least a few billion yuan, and selling all Wanguo will not be enough to compensate.

Kong Riguang silently looked at the futures price still floating in you

At this time, both the bulls and the bears basically had no funds, the trading volume also fell rapidly, and the price continued to float steadily in the range of 151 yuan to 152 yuan.

It's less than an hour before the market closes. It's called the dark eight minutes in the history of China's securities.

Guan Jinsheng and his confidants were hiding in the office and looking at each other speechlessly. They all knew the result this time, but they were powerless to return to the sky.

At this time, Guan Jinsheng trembled and said in a trembling voice: Impossible! Wanguo Securities is my lifelong hard work! How can it collapse like this! How can it be!

At the end, the voice became more and more shrill. Wei Zhe, who was not far away, looked at the boss who looked like a crazy person, and was a little scared.

Guan Jinsheng gasped and ordered: Let's continue to throw away! Continue! Continue!

Wei Zhe couldn't help but say: Mr. Guan, we no longer have funds

Guan Jinsheng shouted: No matter what! We directly put short orders and forcibly overdraw! Now the market is about to close, and the Shanghai Stock Exchange has no time to check our margin. We directly smashed the plate with huge short orders!

As soon as these words were spoken, all the confidants showed hesitation. This was illegal!

Guan Jinsheng seemed to have recovered a little rationally at this time and explained: Now that we have lost, what are we afraid of! Even if it is illegal, I, the legal representative, will take responsibility! You sell me the goods! Don’t worry about whether there is enough deposit!

At this time, all the retail investors who were long on the Shanghai Stock Exchange were celebrating each other's high highs. At this time, it was less than ten minutes before the market closed. At this price, all retail investors and institutions that were long had at least 100% profit.

At this moment, the situation suddenly changed!

I saw that the futures price that had not moved for a long time suddenly jumped, from 152 yuan to 1505 yuan, and then, all the way down, swelling continuously!

Wei Dong, who was already celebrating, was stunned and yelled: Fuck! What's going on!?

A subordinate replied in a trembling voice: Wanguo Securities! It’s Wanguo Securities! Tian Ah! How many short positions are there! Almost 50 billion short positions! They are crazy!

In the room of Sunshine Securities, Mr. Zhang looked at the futures price with a pale face and said incredibly: How is it possible! 50 billion! Then 50 billion! How is it possible!? How can Wanguo still have so much funds to short!?

Kong Riguang sighed lightly and said: Wanguo is forcibly overdrawing short orders, so they naturally don’t have that much margin, which is equivalent to issuing short checks.

Mr. Zhang couldn't help but say loudly: How can this be done! They... They are breaking the law!

Kong Riguang said softly: Guan Jinsheng, even if you lost this time, with your abilities and connections, you still have a chance to make a comeback. But now, you are openly violating the rules of the game, but you have no chance to turn around.

It fell to 149!

Zhou Zhengyi and Liu Han were originally excited and froze on their faces, staring blankly at the futures price that was still falling all the way.

Guan Jinsheng yelled wildly: Not enough, not enough! Keep throwing it for me! The market will be closed in three minutes! Don’t worry about that much! Sell it desperately! Just open a short order of more than 100 billion! Smash it! Smash it in!

At this time, his phone rang, it was Wei Wenyuan's phone number

Guan Jinsheng paused and refused to answer the call, and continued to order crazy overdrawing of short orders and throwing goods.

Wei Wenyuan, who was sitting in the office of the Shanghai Stock Exchange General Manager, looked pale. He looked at Wanguo Securities' huge short orders smashing the market. He listened to the busy sound of the phone and smashed the phone on the table with a bang and scolded: Fuck your mother Guan Jinsheng! I was killed by you!

At this time, a short order of 146 billion was slapped and smashed from above like a mountain of eggs. All resistance from multiple parties was futile. The futures price jumped and then was directly smashed by 2 yuan, which was smashed to 1,475 yuan the moment before the closing.

1475 yuan, 1 yuan lower than the redemption price announced by the Ministry of Finance in the morning.

At this time, the two brothers of the Gaoyuan Gaoling of Liaoning Guofa Group were in Wei Dong's room. The three of them were pale and were so scared that they could not speak by the crazy spirit of Wanguo Securities.

After a while, Wei Dong said tremblingly: How dare you do this!? How dare you Guan Jinsheng?

Gao Yuan calmed down and said in a deep voice: The short order of more than 200 billion yuan in 8 minutes requires almost 6 billion yuan in margin. Wanguo Securities cannot have so much funds. He is definitely forcibly overdrawing short orders.

The high-neck said in a daze: Brother, but the closing price is 1,475 yuan now. Even if Wanguo Securities is found to be violating the regulations immediately, what should we do?

Wei Dong said in a hatred: Fuck, Guan Jinsheng knew that he was dead, so he pulled us in together as a cushion!

On the other room, Sunshine Securities is also in a heavy atmosphere

Kong Riguang smiled and analyzed to his subordinates led by Mr. Zhang: Guan Jinsheng wants to die and live. In his opinion, Wanguo Securities was originally dead, but now he has been forced to smash the market by illegal operations like this. No matter what, at least the losses of Wanguo in the market have been basically eliminated. On the contrary, today, China Economic Development Corporation, which is long in large quantities and Liaoguofa, which is idle, has been completely liquidated, and has suffered heavy losses.

Mr. Zhang was still a little confused and asked: But Wanguo's overdraft operation is definitely a violation of regulations and laws, how can this be done!

Kong Riguang said: This is the result of various rules and imperfect supervision of the Xinsheng Futures Market in the mainland. Guan Jinsheng was afraid that even if he broke the law and went to jail, he had to keep Wanguo Securities. He had such a big problem when he tried futures for the first time. I am afraid that the leaders of the China Securities Regulatory Commission would not dare to open the futures market in the mainland for a long time.

Mr. Zhang had to sigh, closing the market at 1,475 yuan means that the 400 million yuan spent today would not make much money, and he might even lose money.

Outside, a large number of retail investors gathered in a row. Those who were long were already enjoying the taste of victory. Unexpectedly, in the last 8 minutes, they were smashed almost 5 yuan. Many of the people who made a lot of money immediately turned into losses.

But an old man holding his heart and pointing at the futures price tag with his trembling finger. He suddenly couldn't breathe, fainted on the ground with a bang, causing even greater commotion.

Such ups and downs are really killing people

A few female retail investors even cried out louder and louder the more they cried, and for a while the entire exchange was in dismay.

Zhou Zhengyi and Liu Han looked at each other and smiled bitterly, unable to say a word

In the office of the general manager of the Shanghai Stock Exchange, Wei Wenyuan kept calling in a panic look on his face.

What happened this time was too big. Wanguo Securities was crazy overdrawing and smashing the market, but even the national team's funds were pitted!

Moreover, these funds are likely to be used by the Ministry of Finance to repay national debts to the people of the country. If this happens, things will definitely reach the attention of the central government.

He hung up the phone and lamented, he was afraid that he would be the general manager of the Shanghai Stock Exchange.

Guan Jinsheng... I fuck you, Guan Jinsheng!

The supervisor of the Shanghai Stock Futures Trading Market was once again pounding and hit the table hard.

Wanguo Securities, Guan Jinsheng seemed to have aged a few years ago, and he sat alone in a chair without moving

No one dared to stay by his side, he was the only one left in the office

The sky became a little darker. Guan Jinsheng looked at his watch and it turned out that it was already past five o'clock in the afternoon and had not eaten at noon. At this time, he couldn't help but feel a little hungry.

At this moment, the phone rang

Guan Jinsheng took the phone and saw that it was Wei Wenyuan's phone number

Hello Mr. Wei, is there anything wrong?

Guan Jinsheng, after a collective meeting of our Shanghai Stock Exchange, we came up with a resolution that all transactions in the last eight minutes today will be invalidated, and the final closing price of 327 Treasury Futures is set at 1,513 yuan.

After saying that, the phone hung up

Guan Jinsheng was shocked, and immediately stood up straight and shouted: How can this be done!?

Wei Dong sighed and said to the Gaoling brother, who was also waiting for the results, "Okay, the final result is out. Mr. Wei said that the last 8 minutes of the transaction today was invalid, and the closing price was 1,513 yuan."

After saying that, a smile appeared on his face

If we follow this closing price, Zhongjing Economic Development Corporation will make at least more than 5 billion yuan!

He murmured to himself: Cheap Sunshine Securities, the profit of 600 billion was originally made to snatch more than 1 billion! But the person named Kong was a Hong Kong person, which was difficult to deal with

The high collars on the plateau all showed relief, at least they all escaped

Gao Yuan said: That's great, Mr. Wei, then we brothers leave first, I'm too tired today

Wei Dong nodded and said: OK, let’s find time to gather tomorrow or the day after tomorrow

Gaoyuan and Gaoling walked out of the Shanghai Stock Exchange, Gaoyuan whispered: Brother, you will book two air tickets later. Let's hide abroad for a while and see the situation.

The high-neck was stunned and asked: Why? Isn’t it okay?

Gao Yuan smiled bitterly: This time the matter was too big. I always feel heartbroken. I don’t know if someone will be settled in the future. People will definitely send someone to investigate. Guan Jinsheng will have to peel off even if he is immortal. And our brothers are not supported by him like Zhongjingkai. If they are pushed out to be scapegoat... Hehe... Be careful to sail for a thousand years, don’t be unlucky children. Hide for a while before talking about it.

After learning about the Shanghai Stock Exchange’s resolution, everyone breathed a sigh of relief. Mr. Zhang smiled and said: Haha, 1,513 yuan, we can make at least 1 billion yuan in profits. Mr. Kong, you are so amazing!

Kong Riguang smiled but said nothing. This time he was successful in snatching food from the national team.

Even after returning the 400 million loan and interest, more than one billion will still be earned.

Of course, Sunshine Securities will have to be low-key in the mainland in the future, otherwise I don’t know if I will be missed.

Although the long team led by the national team won a great victory this time, the Shanghai Stock Exchange forcibly announced that the transaction result of the last eight minutes was invalid, which brought a huge impact to the freshman stock futures market in the mainland, known as the Black Eight Minutes.

It's equivalent to a football game. When one side fell behind 0-3, he took banned drugs or fouls in the last 8 minutes. He suddenly chased three goals in a row with improper means, turning the score into 3-3. However, the referee suddenly announced after the game that the last 8 minutes of the game was invalid, and the result of the game remained 3-0.

If there is a problem, as a referee, you should send off the player who violated the rules before the incident occurs, rather than forcefully changing the result of the game after the game

The referee should be neutral, and doing so is a fatal blow to his credibility.

Because of this, the Chinese stock market has been slowing down for almost 20 years before it has reintroduced short selling, which has led to a major stock market crash in 2015...

327 Treasury bond incident ended here, and there are still many things to continue

Guan Jinsheng was arrested soon after, and in May 1995, he was officially sentenced to 17 years in prison for embezzlement and embezzlement of 400,000 yuan in public funds. Wanguo Securities was also acquired by Shenyin Securities, the second largest securities company at the time, and merged into Shenyin Wanguo Securities.

The former godfather of mainland securities, the former No. 1 securities company in mainland China, has disappeared

Wei Wenyuan, the CEO of the Shanghai Stock Exchange, was dismissed from his post soon after and left the Shanghai Stock Exchange.

The plateau high-leader brothers of Liaoning Guofa Group have since evaporated from now on. No one knows whereabouts, and life and death are unknown.

The big winner Zhongjing Development Bank was exposed in 1997 that it was owed 7.8 billion yuan. From the 327 treasury bond incident in 1995, it was only two years since the investment failed and the accounts were chaotic. No one could tell where the total amount of more than 12 billion yuan went.

By 2000, the agency of China Economic Development and Development was officially abolished by the State Council and no longer existed.

Wei Dong will lead the rapid development of the Yongjin Group in the next ten years and become an important force in the mainland stock and securities market.

But this hero suddenly jumped off a building and committed suicide when he was at the peak of his career in 2008. There are many different opinions on the cause of his death.

As for Sunshine Securities, it made more than one billion yuan in the 327 treasury bond incident, dividing the profits that belonged to China Economic Development Corporation in history. Although this made many people jealous, in the more than two years since the return of 97, the identity of Hong Kong businessmen is the most powerful amulet, and no one dares to move them.

There are also many large retail investors who are long, such as Zhou Zhengyi and Liu Han, who make a big profit, and their wealth will at least double.

Shanghai Oriental TV Station, Dong Qing is about to get off work

At this moment, the people in the office began to talk.

Have you heard of it? A big thing happened on the Shanghai Stock Exchange today, about 327 Treasury Futures

What's the matter? I don't trade stocks, how do you know

Dong Qing's heart moved. A few days ago, she accompanied Deputy Director Liu Wenqi to attend the dinner. Isn't that handsome young man just doing treasury bond futures?

Suddenly, she couldn't help but notice the eavesdropping

Hehe, it is said that the total transaction amount of Treasury futures on the Shanghai Stock Exchange today is more than 500 billion yuan. Is it amazing?

Ah, more than 500 billion!?Really and false!?

Of course it is true. Today, the situation is changing, and finally it was a black eight minutes...

Dong Qing doesn't trade stocks and has little understanding of these things, but he can't help but worry about the handsome man in his heart and said to himself: He should be fine, right?

Pack up your things, Dong Qing walked out of the TV station

Just after walking a few steps, a mellow and familiar male voice sounded next to him: Hello Miss Dong

Dong Qing was shocked and turned around immediately. He saw an extremely handsome young man looking at him with a smile not far away.

Ah! It's him! He comes to find himself specifically!?

Dong Qing's face turned red immediately, and his heart was filled with deer

Kong Riguang took two steps and said softly: I came here to thank Miss Dong. Thanks to your blessing, I made a lot of money today.

Dong Qing lowered his head and said shyly: Dong Kong, you are too polite, it's nothing to do with me.

Kong Riguang smiled and said: Miss Dong, I have already booked a seat and can enjoy the noodles and have a meal. Do I thank you?

Dong Qing looked at the man's blue eyes and felt that it was like a vortex, deeply sucking herself in, unable to say anything to refuse.

Soon after, the two of them came to a high-end Western restaurant

In the mid-1990s, high-end Western restaurants were still a relatively high-end thing. Dong Qing had never entered such a place before.

She sat down under Kong Riguang's guidance, but was uneasy and secretly looked around from time to time, afraid that she would do anything rude.

The waiter came over quickly and handed over the meal sign.

The trained waiter has a good attitude, and it is impossible for a waiter to see the protagonist being young and look down on others, and then the protagonist is slapped in the face. This is a common plot in a certain urban YY novel.

And this is not the author's pleasure...

Kong Riguang took a look, ordered a rib-eye steak and some side dishes, and ordered a bottle of red wine.

Dong Qing didn't know what to order at all. She just felt that a casual dish on the menu costs 100 or 200 yuan, and a meal would probably be able to eat her monthly salary, which made her hesitate even more

Kong Riguang smiled and said to the waiter: Just give a beef steak for that lady. Well, my rib eye steak is 50% mature, and her full-familiar one.

The waiter went back with the ordering order. Dong Qing said embarrassedly: Dong Kong, I don’t know much about eating these things, I’m afraid I’ll waste your money.

Kong Riguang smiled and said: I'll understand if I come here a few more times in the future

He took the dining brand and pointed to the picture of the beef steak and said: The beef steak is taken from the left and right sides of the beef's chest cavity, with the rib part. The meat is tender and smooth. Even if it is cooked, it will not destroy the texture of the meat. It is very suitable for women to eat. I thought that Miss Dong is afraid that she doesn't like too raw steak, so she ordered this for you and interfered with it. Sorry

Dong Qing looked at the other party's handsome smile and felt the other party's considerate. She felt like she was with the prince charming. She quickly shook her head and said: Dong Kong, don't be so polite, I...I don't know what to say.

Kong Riguang turned a page and pointed to the picture of the rib eye steak and explained: The rib eye steak I ordered was the beef rib steak, which was chewy and had a strong beef flavor, but it was usually three to five minutes of cooked, otherwise the taste would feel old.

Dong Qing exclaimed: It turns out that steak has so much knowledge, so you know so much.

She was also curious at this time, pointed to another picture and asked: What about this?

Kong Riguang replied with a smile: This is filet steak, beef tenderloin, which is the tenderest part of the whole beef. But I think it is not chewy enough, but it is suitable for people with older or bad teeth. It can be cooked from three to seventy minutes.

During the happy exchange between the two, the dishes came

Halfway through the meal, Kong Riguang took out an envelope and handed it to Dong Qing, and said with a smile: Miss Dong, please accept this

Dong Qing was stunned for a moment, took the envelope, opened it suspiciously, and saw a brand new passbook inside.

She asked in confusion: Mr. Kong, what do you mean?

Kong Riguang smiled and said: Thanks to Ms. Dong's encouragement, I made a lot of money. This is my thank-you fee to Ms. Dong.

Dong Qing opened her passbook at this time and saw that the household name was her own. Then she looked at the amount and her breathing was immediately held.

One zero...two zeros...three zeros...four zeros...six zeros...one million!

There was actually one million yuan in the passbook!

Dong Qing suddenly felt dizzy. This was the mid-1990s. She had just worked for a while and had just worked for less than 1,000 yuan, and her annual income was at most about 10,000 yuan.

This is her salary for a hundred years!

Mr. Kong, you...what are you doing!?

Dong Qing's hands were trembling, looking at the astronomical numbers on the passbook in disbelief, his whole head became confused

Kong Riguang smiled and said: Because of your encouragement, my income this time is hundreds of times and thousands of times more than this number. This is just my little concern. Please accept it.

Dong Qing said in a trembling voice: I...I can't collect...so much money...I can't accept money without merit...

Kong Riguang said: Anyway, your passbook contains your name. This is your bank account, and it has nothing to do with me.

This...How can this be...I...I...

Dong Qing is incoherent and doesn't know how to do it

One million Ah is enough to defeat all the defenses of a girl who has just come out of society and worked hard!

Dong Qing will become the number one sister of CCTV in the future, so she is naturally an ambitious and ambitious girl, but now she is in a situation where she is constantly working but still not valued at work. She is the time when she is most eager to climb up.

This million is already one million under her household registration, how could she not want it?

Seeing that Dong Qing was absent-minded and finally trembled and put the envelope into his carry-on bag, Kong Riguang smiled, and then continued to eat and drink as if nothing had happened.

And Dong Qing, no matter how delicious the steak is, he is no longer able to eat it.

He...he suddenly gave me so much money, what are his intentions?

The girl is not an idiot. After calming down a little, she felt that Kong Riguang’s words were unreliable. She gave 1 million to express her gratitude?

His money was not blown by the strong wind, so how could he throw it around like this?

Could it be that he fell in love with me?

Dong Qing was both panicked and happy. She asked herself that she was not an outstanding beauty, at most she had a good temperament. How could the other party, a young and handsome boss, like her, fall in love with her, and give her one million.

But, I really can't think of any other reason except this

If so, what if he wants...he wants to do bad things to me...

Dong Qing is 22 years old this year. Although she has had a boyfriend, she has a good tutor and is still a virgin. She is very cautious about men.

Or, why don’t you give him the million back?

In her heart, she had already touched the envelope in her bag with her hand, but the envelope seemed to be as heavy as a pound, and she couldn't take it out no matter how hard it was.

Her expression naturally fell into Kong Riguang's eyes, and she couldn't help but laugh secretly

The supper was finished soon, and Kong Riguang took Dong Qing to the parking lot and got into the Mercedes-Benz.

At this time, he said: It's still very early now, why don't we find another place to talk?

Dong Qing, who was sitting in the passenger seat, froze, lowered her head and said nothing.

Kong Riguang smiled and started the car, and drove directly back to the hotel where he was temporarily staying.

Parking the car in the hotel parking lot, Kong Rik-Kong Road: Miss Dong, we arrived

Dong Qing trembled slightly and asked in panic: Dong Kong, where are we going?

Kong Riguang smiled and said: That's right. I think Ms. Dong has the potential to host a program, so I want to know in depth that I am familiar with some leaders of CCTV. If you have the opportunity in the future, you can introduce Ms. Dong to work at CCTV.

Joining CCTV is Dong Qing’s dream. When he heard this, his eyes lit up and he asked: Do you know the leader of CCTV?

Kong Riguang nodded and said: I know each other naturally, let’s go up to the room and chat slowly.

Dong Qing's face turned pale, but when he thought of the passbook in his shoulder bag, his body seemed to be driven by an invisible force, and followed the man into the hotel.

Walking into the room, Dong Qing looked pale and suddenly said: Dong Kong, I...I'm still going back

Kong Riguang would not let the girl who had fallen into control leave at this time? He quickly locked the door, then took Dong Qing's hand, let her approach him, looked into her eyes and said: A Qing, are you afraid of me?

Dong Qing was frightened and said tremblingly: Kong Dong, don't do this.

Kong Riguang pulled hard, hugged Dong Qing's slim body, and said softly: Aqing, you are so beautiful, I fell in love with you the first time I saw you.

Dong Qing supported the man's chest with his hands and begged: Dong Kong, please let me go.

Kong Riguang looked at the woman deeply with his azure blue eyes and said softly: Ah Qing, don’t you like me?

Dong Qing felt confused. This man was so handsome that she couldn't even say anything if she wanted to refuse firmly.

In fact, since she was willing to follow the man into the room, she had already had a premonition of what would happen next

However, Kong Riguang is really a very attractive man, and the most important thing is the passbook in his shoulder bag, which is enough to make this girl who has just entered society surrender.

Everyone is valuable. If it were Dong Qing, who was already the number one sister of CCTV in ten years, would naturally not be easily moved by 1 million.

But now she is just a newbie who works chores at Shanghai Oriental TV Station, lacks social experience and has a monthly salary of less than 1,000 yuan.

Kong Riguang fully understood Dong Qing's psychology, smiled evilly and madly, lowered his head, and kissed Dong Qing's cherry lips in an instant.

Dong Qing's eyes suddenly widened, and then water vapor appeared in his eyes and his body softened.

The girl's hands gently hit the man's chest and made a whimpering sound, but it was useless at all, just like a little white rabbit falling into the mouth of a big bad wolf.

After a long time, Dong Qing panted, trembling all over, and his heart was irritated. The man's passionate kiss was like a volcano erupting, completely submerging her and fascinated her

Kong Riguang smiled and picked up the girl who had been paralyzed and pulled her into the room amid the other party's screams, and then threw it onto the bed.

Just as Dong Qing was about to struggle to get up, he was rushed up by a man and suppressed him.

No, don't do this...Ah! Don't... let go of me...

Ah Qing, be my girlfriend, I will treat you well

Kong Riguang said while pulling Dong Qing's dress hard

Woo... Woo... Don't... Woo... Ah... Ah... Woo...

How can women's strength be comparable to men?

Although Dong Qing kept resisting, his clothes were peeled off one by one, revealing his snow-white skin.

Kong Riguang stroked Dong Qing's body and smiled: Ah Qing, stop struggling, I will make you feel comfortable.

Dong Qing was gradually losing strength. She hugged her hands in front of her chest and begged with tears in her eyes: Dong Kong, I...I am still a virgin... Please let me go...

Kong Riguang said softly: Ah Qing, after you become my woman, what I will love you more is that you want the moon in the sky, and I will find a way to pick it for you.

Dong Qing cried and said: I...I'm not a beauty...you...you are so rich...why should I do this...

Kong Riguang quickly took off his top, then pulled off his pants, and his thick penis jumped out.

He said: Who said you are not a beautiful woman? In my eyes, you are the most beautiful woman

While saying unnutritious words, the man took off himself

Dong Qing is a yellow girl. She has never seen a man's naked body before. At this time, she can't help but secretly look over.

I saw Kong Riguang's slender figure, his muscles were well-proportioned, his broad chest, his six-pack abdomen, and the big stick under his crotch that made people blush and heartbeat all exuded a breathtaking male charm.

This...this is the thing under a man!? So big!?

Dong Qing was stunned, only to feel that the scene in front of him was completely unexpected

As a girl with normal sexual orientation, she naturally became curious about the body of the opposite sex. At this time, Dong Qing had forgotten the fear and was completely attracted by Kong Riguang's toned body.

Kong Riguang couldn't help but smile and said: Ah Qing, is my body good-looking?

Dong Qing suddenly screamed, his pretty face turned red, and he immediately covered his face with his hands, not daring to take a look again

Kong Riguang showed a proud look, pressed on the girl again, moved his hands together, stripped the remaining clothes in a few strokes, revealing the snow-white and delicate naked woman's body.

Is this the body of the future CCTV No. 1 sister? Haha

Dong Qing seemed to have accepted his fate, covered his face with his hands and cried, no longer resisting

Kong Riguang bent down and touched the girl's breasts with both hands. He gently pinched them, but he felt that the touch was excellent and full of elasticity.

Dong Qing has a small breast, which is a B cup, but it has a good shape and is quite firm.

Especially the small areola and pink nipples, it means that this charming female body has not been widely developed.

It was the first time Dong Qing was touched by a man and suddenly, an unprecedented sense of excitement surged, making her unable to help but nod.

Ah Qing, your body is so sensitive, your nipples become hard as soon as you touch them, hehe

Hearing the man's cramped teasing, Dong Qing was so embarrassed that she almost crawled into the hole.

But immediately, she exclaimed again, and it turned out that the man had already touched the delicate secret garden between her legs.

Don't...don't touch there...Ah...AhAh...

The man's fingers gently tweaked the clitoris in the woman's flower room, which made Dong Qing's body shook like an electric shock and screamed

With the intentional teasing of an experienced man like Kong Riguang, Dong Qing, the beautiful girl, could not resist it. Moreover, she had a very good impression of this handsome man.

Not to mention the one million RMB passbook she had put in her bag

In fact, if Kong Riguang was willing to spend more time and thought, he could coax Dong Qing into bed even if he didn't need money. However, he was about to leave Shanghai and there was really no time to delay, so he could only fight quickly.

Kong Riguang held Dong Qing's hand and let her touch her chest and lower abdomen. Suddenly, the hotness of a male-specific masculine body made Dong Qing tremble all over.

This...is this a man's body?

Dong Qing was so embarrassed, but her innate curiosity and desire made her unconsciously caress the man's abdominal muscles.

So...so hard...this muscle...

Just as women with good figures have a fatal attraction to men, men with good figures will also be favored by women, and they are also a super handsome guy

Kong Riguang smiled, took Dong Qing's hand and reached it below, and grabbed the already hard stick.

Dong Qing's body shook, Ah exclaimed softly, trying to pull his hand out, but the man pressed it, and his white and tender little hands tightly grabbed the thick cock

Kong Riguang stood up, while Dong Qing half-kneeled under him, held his cock, turned his head red and turned his head, not daring to see the big glans facing in front of him.

Kong Riguang smiled embarrassedly and said: Ah Qing, I plan to introduce you to CCTV. Now I will test your hosting skills.

Dong Qing was stunned and couldn't help but turn his head and ask: What do you mean?

Kong Riguang smiled and said: Are you holding the microphone now? Just say a few words and just fantasize about being hosted by the show.

Dong Qing was so amused that she could not even feel sad, and she almost got angry.

Kong Riguang said again: Ah Qing, just imagine that you are the host of the future CCTV Spring Festival Gala. You are hosting the Spring Festival Gala now.

Dong Qing's eyes lit up. Hosting CCTV's Spring Festival Gala was a dream in her heart. Unexpectedly, this man would tell her about it at this time, which would make her feel a bit of a confidant.

She turned her face and looked at the terrifying big glans. It was really like a microphone head. She couldn't help but smile bitterly: Mr. Kong, don't play with me

Kong Riguang frowned and said: Ah Qing, I said you will be the host of the Spring Festival Gala in a few years, do you believe it or not!

This sentence was very confident, which made Dong Qing stunned for a moment and said to himself: He said he was familiar with the leaders of CCTV. Could it be true? She was originally a very ambitious and ambitious woman. She suddenly imagined the scene of standing in the center of the highest stage and hosting programs for the people of the whole country freely. She couldn't help but feel warm in her heart.

Kong Riguang touched Dong Qing's shoulder-length short hair and said in a bewitching voice: Come on, Ah Qing, say a few words.

Dong Qing gave him a blank look, but still obediently closed his eyes, imagined that the dick he was holding was the microphone, kneeling under the man and whispered: Audience, you are watching the 1995 Spring Festival Gala live broadcast by CCTV. I wish you... a happy New Year!

Although it was a simple sentence, it really had the style of a famous host. In Kong Riguang's eyes, the girl holding her cock under her crotch seemed to coincide with the beautiful and intellectual CCTV girl in the future, and she suddenly became very excited.

Seeing Dong Qing opening her mouth, she seemed to want to say something else. Kong Riguang pressed her head, thrust her waist, and poked her dick into the girl's mouth, saying: Top host, you can speak even if you hold a microphone in your mouth.

Dong Qing was suddenly stabbed into her mouth by a fishy cock. She felt that the hot rod as hard as iron stuffed her mouth and even had difficulty breathing.

I tried to push the man's abdomen away, but I was firmly grasped with my hair and couldn't escape. I had to let my cock go in and out of my mouth while making a pitiful whine.

This is the first time Dong Qing plays a flute, and she has no skills at all. She will occasionally make her teeth touch the glans.

Kong Riguang tried it a few times, satisfied his desire to conquer, and then pulled his dick out.

Then he pushed the girl down and pressed her up

Kong Gong...No...Don't...I...I'm afraid...Woo...Woo...Woo...I'm going to crack...Woo...I'm going to hurt...

However, Kong Riguang quickly spread the girl's legs, put his penis around the virgin flower outdoors, and with a little force, the glans squeezed into the extremely tight cavity.

Ah Qing, you are my woman

As soon as he finished speaking, he poked his penis hard and fucked it hard without any pity!

Dong Qing Ah screamed, and felt a burst of pain in his lower body, knowing that his most precious thing had been taken away by the man in front of him.

Woo... Woo... Ah... Ah... It hurts... Ah... Don't... Don't move... Woo... It hurts...

After Kong Riguang exposes Dong Qing's hymen, his penis stopped moving. While feeling the extremely tight wrapping touch of the virgin hole, he uses his hands to wander around the sensitive areas of the girl's body, stimulating the girl's body and alleviating the pain.

At this time, Dong Qing was still a traditional and conservative girl. After being taken away from her innocence, she felt dependence and belonging to the man in front of her. She looked at the man with tears in her eyes and asked: You...will you treat me well?

At this time, all the men in the world would nod, and Kong Riguang said softly: Am I not good to you?

Dong Qing suddenly remembered the one million passbook again, and couldn't help but feel much more balanced. He looked at the handsome handsome face of the man and said intently: Actually, it's worth it to be given to such a charming handsome guy for the first time.

Thinking of this, Dong Qing couldn't help but blush and closed her eyes gently

Kong Riguang leaned down and pressed against Dong Qing's white body and kissed him.

The lips were connected, but this time Dong Qing responded actively, with his lips and tongue intersecting, and his hands unconsciously embraced the man's back, gently stroking the man's thick back muscles.

Kong Riguang twitched gently while kissing

Dong Qing frowned suddenly, but he didn't feel pain. His legs couldn't help but bent, clamping the man, enduring the thick iron rod to continuously spread his virgin path.

After a while, it seemed that the pain slowly eased, and the pleasure of men and women gradually surged.

Dong Qing only felt that the man's huge glans was so hard, and he kept rubbing against the inner wall of his vagina at the edge of the thrust. Every friction would bring a strong feeling of pleasure like an electric shock.

Kong Riguang is a middle-aged veteran, so he naturally knows the girl's current situation and said to himself: This woman is considered a type with strong adaptability and can bear it so quickly

So he gradually accelerated the thrusting speed, fucked and leaned into the woman's ear and whispered: Aqing, your pussy makes me feel so comfortable and so good

When Dong Qing heard the man's lewd words, he was not annoyed. Instead, he felt more stimulating. He closed his eyes and did not dare to make a sound, but the moaning sound became even more presumptuous.

After a while, she opened her eyes and said shyly and softly: I am... I am very comfortable too... Woo...

Kong Riguang exclaimed in his heart: What a smart woman, no wonder he could climb so fast in history!

But Dong Qing figured it out. Since her body has been given to this man, what else can I be shy about?

She is not the kind of little girl who is a jewellery in a small family. She is talented and ambitious. She has always been eager to show off her talents on a larger stage and is eager to keep climbing up.

This man is handsome, rich, and his connections and resources are something he must look up to.

Since that's the case, it's better to please him as much as possible and use his power to pave the way for your future

Kong Riguang fucked faster and faster. Dong Qing only felt that every impact penetrated into the deepest part of his body. With a little pain, he felt extremely stimulating. He couldn't help but scream: Ah...Ah...so...so deep...good...ahAh...no...so...so strange feeling...AhAh...I...I...Ah...Ah...

Kong Riguang looked at the girl with a flushed face and was fascinated by her fucking, and said softly: Follow me, you will realize your dream.

After saying that, the thrusting became more and more forceful, and dozens of consecutive powerful impacts actually brought the girl under her to a top orgasm.

I...AhAh...Ah...can't do it anymore...Ah...AhAhAh...Woo Ah...Ah...Ah...

Accompanied by Dong Qing's high-pitched moan, Kong Riguang also let out a low roar, his glans pressed against the girl's flower heart, and a large amount of semen ejaculated directly.

After a long time, the man gasped and pulled his penis out of the girl's vagina. Suddenly, a large stream of white liquid mixed with red bloodshot flowed out of the small hole that was fucked, extremely lustful.

Dong Qing naturally felt that he was being ejaculated by a man. After the afterglow of the climax, he started crying, and didn't know how to deal with himself for a while.

Kong Riguang gently stroked the woman's hair and said softly: It's okay, if there is one, I will support you for the rest of my life.

Dong Qing showed a hint of fear on her face. She was only 22 years old and was just climbing up deliberately. How could she be willing to get pregnant and let her child restrain herself?

Just to prevent men from being displeased, I dare not say anything I refuse

Kong Riguang smiled again and said: If you are afraid, I have some medicine here too, and it will be fine if you take one.

Dong Qing suddenly breathed a sigh of relief, and couldn't help but feel that this man who had seized his innocence was quite considerate.

She also thought it through. The man gave her one million yuan, which was actually equivalent to supporting herself at a high price.

And he promised to send himself to CCTV in the future, probably because he would continue to support him.

Dong Qing is a smart and pragmatic woman, and she doesn't ask if she has a wife or a girlfriend, so as not to feel uncomfortable.

If a man who can just spend a million to smash a girl down, if he tells you that he only loves you and there is no other woman, do you believe it?

It's good that everyone knows this.

Kong Riguang said again: Ah Qing, please go and study hosting first. To prepare for the future joining CCTV, I will give you 10,000 yuan in living expenses every month. It doesn’t matter if you don’t do the job on Oriental TV Station.

When Dong Qing heard this, he smiled sweetly, took the initiative to give him a sweet kiss, and kissed the man.

Kong Riguang laughed and said: Just kissing him is not OK

Dong Qing was stunned and looked at the other person for no reason.

Kong Riguang stood up and pointed to the half-hard cock under his crotch.

Dong Qing blushed, but he obediently knelt down, held his cock, and gently licked it under the guidance of the man.