Chapter 1705 Qi Shao, Don't Scare Me!

Seeing Cao Zhichong's appearance, Xiao Qi was a little funny: "Okay then, Chairman Cao, if you don't want to, I'll go to Sinopec, CNOOC and CAO. Don't be jealous when they make money."

"Qi Shao, don't! Don't!" Cao Zhi panicked. What if this Qi Shao gave up on himself and supported others? I have worked so hard before, but was finally given up by Qi Shao, do I still have a future?

So Cao Zhichong started a fierce struggle in his heart.

Xiao Qi didn't know exactly what he was thinking, but Xiao Qi was still waiting for his decision. After all, to do this kind of thing, it was impossible to force others to do it. Only Cao Zhichong was willing to cooperate with Xiao Qi.

In fact, Xiao Qi's best choice is Cao Zhichong, because of PetroChina's leading position in the oil industry, if PetroChina follows Xiao Qi, then most of the other companies will dare to follow, and by then they will lose a thousand or two thousand dollars in the oil spot and futures markets. Billion dollars is absolutely feasible.

It doesn't matter if Cao Zhichong refuses to do it, Xiao Qi still has other options. Sinopec, CNOOC, and even the weakest China Aviation Oil are all eager to join Xiao Qi's line, and just choose one at that time.

It's just that in that case, Xiao Qi won't take care of Cao Zhichong in the future - it's useless for people who don't follow him at critical moments to come.

After a while, Cao Zhichong finally raised his head, clapped his hands with red eyes, and said, "Damn it! It's so rare, Lao Cao will go all out and do it with you!"

"it is good!"

Xiao Qi smiled, "Cao Dong, by the end of this year, I believe you will be happy with your decision."

Cao Zhichong smiled wryly: "But Qi Shao, it's not easy for me to sleep soundly this year!"

"If you work hard, you will be rewarded. The fragrance of plum blossoms comes from the bitter cold. All these troubles are necessary on the road to success." Xiao Qi drank milk tea. "Cao Dong, since you have agreed, then Sinopec, CNOOC and China Aviation Oil are willing to follow, and you can also mention them more."

"Hehe, as long as PetroChina does it, Sinopec and CNOOC will definitely follow suit." Cao Zhichong said with a smile: "But China Aviation Oil is not necessarily here. Because aviation fuel is involved in both civilian and military uses, the country is eager to have more reserves. The better, money is not an issue, the most important thing is sufficient supply.”

"Well, then they can do whatever they want." Xiao Qi nodded without forcing.

"It's rare. The target price doesn't need to be fixed?" Cao Zhichong asked in more detail since he had decided, "How much to sell and how much to keep stable, do you have any opinions?"

"There is nothing to worry about. In the face of such a big business, I should earn less. There is no need to care about it." Xiao Qi shook his head and said: "I predict that the oil price will turn around and go down in early August, so Just sell it early."

"I see!"

Cao Zhi nodded his head in reply.

Buying and selling oil is a very complicated business.

In the spot trading market, it is not that you have tens of millions or hundreds of millions of barrels and sell them immediately.

There are many aspects involved, such as the relationship between supply and demand, capital, speculation and other factors, which are the decisive factors for selling oil in the spot market.

Now Huaguo has billions of barrels of oil spot piled there, and wants to sell it in a short time. It's just a dream, Xiao Qi asked them to start selling it in May, and it took more than 2 months before it was barely sufficient.

Suddenly, Cao Zhichong remembered something and asked, "Qi Shao, since you are so sure that the price of oil will drop. Why don't you bet against foreigners anymore?"

Xiao Qi sighed: "My reputation is rotten, who would dare to bet against me? Didn't you read the news at the beginning of this year? I propose to bet against you again. Those investment banks are like turtles, they dare not move what!"

"Hehe. That's because you are so good! You're making them almost have nightmares!" Cao Zhichong said half complimenting half seriously.

"It's not like there's no chance." Xiao Qi said, "Why don't you help me to bet against each other?"

"Let's go to bet against each other?" Cao Zhichong laughed dumbfounded, "How could they bet against us? Knowing that you are the military adviser behind us, doesn't it mean that you make a move if we make a move? They are still so stupid?"

"Actually, it's not about being stupid or not, but about whether or not the temptation is big enough." Xiao Qi said slowly, "Cao Dong, do you have the guts to take out Class B shares and take a gamble with me?"

Cao Zhichong frowned, and said with a bitter face, "Young Master Qi, don't scare me! I will, Lao Cao, but neither will the people above! This is a terrible thing!"

Like many American companies, PetroChina's stocks are actually divided into Class A shares and Class B shares.

Under normal circumstances, the voting rights of Class B shares are 10 times that of Class A shares, which means that even if you own 90% of the shares, as long as your shares are Class A shares and the remaining 10% are Class B shares, then The 10% of the class B shares are the ones who determine the voting rights of the entire company.

Here I want to clarify one thing, that is, the rumors circulating on the Internet that "PetroChina raised 2.9 billion U.S. dollars in shares in the United States, but the accumulated dividends have reached 11.9 billion U.S. dollars. The generous dividends to Americans are far greater than those to Chinese people". It's an idiotic rumor.

PetroChina has been listed twice in history, one was listed in Hong Kong on April 7, 2006, and the other was listed on the Oriental Stock Exchange on November 5, 2007. It has never been listed in any other place.

However, on the New York Stock Exchange in the United States, there are indeed shares of Huaguo Petroleum for sale. What is the reason for this?

The reason is very simple. Please pay attention to the fact that the PetroChina stock on the New York Stock Exchange in the United States says "NYSE ads code ptr", instead of directly writing "NYSE ads code ptr" like ordinary companies. The code is xxx", and the meaning of this ads refers to the American trust shares.

We can use the example of Huaguo Petroleum to explain the so-called trust shares: that is, Huaguo Petroleum holds the stocks issued by itself in Hong Kong and puts them in an investment bank in the United States, and then the investment bank in the United States deposits them. The stock is made into a product, divided into tens of thousands of shares, and sold on the market.

And the person who sold this financial product also owns the Hong Kong stock rights of Huaguo Petroleum represented by this trust product. We usually call this financial product trust shares.

To put it bluntly, this stock on the New York Stock Exchange is just taking out the PetroChina stock in Hong Kong and reselling it again. All the rights and interests based on it come from the PetroChina stock in Hong Kong, so where is it listed?

Therefore, the statement that PetroChina raised 2.9 billion US dollars in the United States is completely farting. There is no IPO listing. How can you teach me how to raise 2.9 billion US dollars?

Besides, PetroChina itself holds 86.29% of the shares, and the rest are circulated in the market. We plan that Hong Kong people will not buy a single share of Hong Kong stocks, and all 13.71% of the tradable shares will be taken away by the Americans. Based on the calculation of 11.9 billion dividends for 2.9 billion, the shares held by PetroChina should get 86.8 billion U.S. dollars in dividends. Does PetroChina have that much money?

If PetroChina only gives money to Americans and does not pay dividends to its own company, do you think the US securities regulators will act like idiots, and they will take care of the extra money that other companies distribute to shareholders?

That's right!

The securities regulatory authorities in the United States are so boring. It is also a crime for you to distribute dividends indiscriminately. They will definitely punish them, and they will be severely punished!

What's more, this stock is still listed in Hong Kong. According to the urgency of Hong Kong stockholders, if you dare to pay so much dividends to the Yankees, if you don't pay them, you will just wait for things to go wrong!

Therefore, no matter from which point of view, the rumors spread by some unscrupulous people outside are completely untenable, but there are so many people filled with righteous indignation who keep forwarding such unverified news. It is to make PetroChina, which has a bad reputation, even more stinky.

However, PetroChina should also be scolded, because PetroChina not only cheated Hong Kong stockholders, but also mainland stockholders were so fooled that they couldn’t cry. So I can only smile wryly.

But oil is related to the country's energy security, Xiao Qi can only give them a hand.

However, no matter how much Cao Zhichong believed in Xiao Qi and how much he followed Xiao Qi's footsteps, he did not dare to take out PetroChina's Class B shares and let Xiao Qi use them to bet against the Americans.

Not only because the stock is actually controlled by the State-owned Assets Supervision and Administration Commission, Cao Zhichong himself has no way to use it. , Take it out and use it, it is definitely not a crime of economic issues, it has already involved a higher level.

Cao Zhichong's refusal was already expected by Xiao Qi, and he was not disappointed, because even Niu Ruzheng would not dare to bet on the lifeline of PetroChina, even if Xiao Qi guaranteed it.

However, he still feels a little regretful. If he can really take out the B-class shares of PetroChina that the Yankees dream of, then whether it is Goldman Sachs, Merrill Lynch, Citigroup or other old enemies, they will rush to give money again regardless of the past. .

And without these sweet bargaining chips that are enough to lure the investment bank giants, the temptation of money alone is not enough to dispel their fear of Xiao Qi's ability to gamble.

Annoying!

In this world, it is difficult to find someone to take advantage of. After they have all become smarter, how will they continue to flirt with imperialist wool on oil in the future?

ps: Our company, in 2008, lost too many bets on oil, including many non-oil-related companies, they all gambled, and then...then they lost their pants...