Chapter 42 Rejected by Li Ying
Yang Hai received a call from Huang Fulin: "The international crude oil futures trading price has risen, breaking through $108 a barrel. It looks like it will continue to rise. Should I close my position and go long, or what?"

“Just keep it stable. These should be the big speculators who are pushing up the prices to sell and get ready to reap a wave of profits. As long as the price doesn’t break through $110 a barrel again, there’s no need to worry about it.” Yang Hai said calmly.

"The next big drop is certain. Otherwise, how will investment banks and hedge funds make money?"

"Even if they eventually want to push up the international crude oil futures trading price, it is impossible to push it up forever. It will definitely have to adjust back to make profits before it can continue to push up."

Sure enough! The next day, the price began to plummet as soon as the market opened, falling directly from $107.55 a barrel, almost breaking through the $100 a barrel mark.

After stabilizing the downward trend, Yang Hai decisively closed his position and notified the futures trader to close the position. The average transaction price was US$100.26 per barrel.

In just three days, he made a profit of $10 a barrel, earning a huge profit of $5 million.

Yang Hai immediately turned around and went long again. He knew that at this time, the price would most likely not fall below $100 a barrel, and even if it did, it would not fall much.

However, he did not hesitate to withdraw the $5 million he had earned and transferred it to his account at Hong Kong Bank. At this point, Yang Hai had $20 billion in his account at Hong Kong Bank.

As Yang Hai expected, the international crude oil futures trading price soon turned upward and closed at US$101.75 a barrel.

Most of the retail investors in the international crude oil futures market were killed and suffered bitterly.

However, when we saw that the international crude oil futures trading price started to rise again, many people had their positions liquidated. However, there was no end to the profits, and many retail investors felt that the opportunity had come. This time, the price would definitely go up all the way, so they rushed in again.

The next day was March 3th. The international crude oil futures trading price continued to soar and soon broke through US$18 a barrel.

Many people are optimistic that this time, it will definitely break the historical record again.

But Yang Hai didn’t think so. He closed his position decisively again and turned to short international crude oil futures again.

This time he made a profit of another six dollars a barrel, earning a huge profit of $3 million.

At the final closing, it closed at US$105.56 per barrel, not much lower than the highest price.

Many retail investors who rushed in yesterday made a fortune today. They were all smiling and calling their friends for a big meal to celebrate their overnight wealth.

"If the price can break through $110 a barrel tomorrow, I will close my position and quit while I am ahead."

"I don't have such high requirements. As long as the price can break through $108 a barrel, I will quickly close my position and lock in the profits."

"I feel that this wave will not stop until it reaches $120 a barrel."

"I closed my position before the market closed. Who knows what the market will be like tomorrow? Anyway, I have made a lot of money. I am satisfied. I will wait and see for now."

"The market will definitely go up tomorrow. Not to mention breaking through $110 a barrel, it will at least go up to $107 a barrel. You're losing money if you sell today."

Several retail investors got together in a bar, drinking and chatting, expressing their opinions one after another, each of them seemed like an expert in international crude oil futures.

These retail investors never imagined that shortly after the market opened the next day, the price did rise a little, breaking through $106 a barrel, but it soon turned around and plummeted. The short sellers desperately smashed the market, and by the end of the day, the price closed at $100.72 a barrel, catching those retail investors off guard.

Yang Hai closed his position directly and decisively and got out with a profit. The day after tomorrow, the 21st, is the final date for delivery of the international crude oil futures contract. He will be off tomorrow and the day after tomorrow, as well as the Saturday and Sunday after that, for a total of 4 days of rest.

After closing the position this time, Yang Hai made another profit of $6 per barrel, earning another $ million.

Except for leaving 26 million US dollars in the account, the rest was transferred to the Hong Kong Bank account. At this point, Yang Hai's Hong Kong Bank account had a fund of up to billion US dollars.

With such a large amount of funds, Yang Hai was more confident about meeting Li Ying and lobbying her to become the investment general manager of his American branch. Shen Ruobing had been busy all this time, competing for Nokia's OEM orders.

However, compared with well-known domestic and foreign OEM companies such as Flextronics, the strength of Lean Precision Technology Manufacturing Company is still very weak, and it is impossible for it to become a first-tier OEM partner.

We can only accept some OEM orders from large OEM companies for production. There is no other way.

After adopting Yang Hai's suggestion, remarkable results were achieved. Not only did it reduce the waste of human resources, but the quality of products produced was also greatly improved.

In the process of accountability from bottom to top, each production process must be carried out more carefully and seriously than before, and the yield rate is therefore greatly improved.

As for the workers who were laid off, Yang Hai also gave a good suggestion, which is to adopt a rotation system. In the past, they had a unified day off on Sundays. After adopting the rotation system, there is no need to take a day off on Sundays. People rest while machines do not, and production capacity has also been greatly improved.

This way, there is no need to fire workers, make them unemployed, and pay liquidated damages.

On Saturday night, Shen Ruobing finally made an appointment with Li Ying to have dinner together. Yang Hai was very happy. After all, he had been waiting for this day for more than twenty days, almost a month to be exact.

"She is the genius student Li Ying you wanted to meet!"

"Li Ying, let me introduce you. This is Yang Hai, the founder of Huasheng Investment. In fact, the reason I asked you to have dinner today is because Yang Hai wants to meet you." After arriving at the dining place, Shen Ruobing introduced them to the two with a smile.

"Hello! Mr. Li! I've heard a lot about you!" Yang Hai said with a smile and stretched out his hand.

"Hello! Mr. Yang!"

Li Ying also extended her hand gracefully and shook hands gently with Yang Hai.

"Mr. Yang is also an investor, so we should be competitors, right? I wonder why Mr. Yang is looking for me?" Li Ying said straight to the point after sitting down.

"Although our Huasheng Investment was established not long ago and is not well-known in the industry, we are also very powerful. I am optimistic not only about the domestic market, but also the market in the United States." Yang Hai said candidly.

"I want to set up a U.S. branch of Huasheng Investment in Silicon Valley, but I lack a capable person who I can trust, so I thought of Mr. Li. If you join, I believe that the future of Huasheng Investment will not be worse than those investment companies you have worked for before."

"My goal is to become the most influential investment company in the entire China. If you are willing to join us, I think many years later, you will not regret the decision you made today."

After listening carefully to what Yang Hai said, Li Ying nodded and said, "Mr. Yang's ambition is commendable and admirable, but I am currently a partner of KPCB and responsible for all of KPCB's investments in China. I really don't have the opportunity to become the head of Huasheng Investment's US branch."

Although the words were very polite, it was actually a disguised rejection. How could Li Ying give up her current job and her status as a partner at KPCB!
She has great admiration for John Doerr, the boss of KPCB. KPCB is the largest venture capital fund in the United States, mainly responsible for the investment business of school assets of major prestigious universities.

Li Ying believes that KPCB is the company that best suits her to display her abilities and is the best platform for her to showcase her abilities.

Moreover, as a partner of the company, she can obtain very generous returns for every successful investment in a high-quality project.

As a partner of the company, she is no longer just someone working for the company.

So why did she choose to leave KPCB and join Yang Hai's so-called Huasheng Investment American branch to work for him?
Although he had been politely rejected by Li Ying, Yang Hai was not surprised and did not back down.

How could such a capable and proud woman agree to something just because you ask her?

If this is really the case, Yang Hai would start to doubt whether this is the Li Ying he is looking for?

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(End of this chapter)