Don't think that the few billion yuan in funds from Chen Yan and Zhang Yonghao are merely a trifle in the vast crude oil trading market.
You see, crude oil futures can be leveraged.
Especially in Hong Kong, you can leverage up to 14 times at the exchange alone.
So, even though the two together only have five billion yuan, they've actually leverage over fifty billion yuan in capital.
Such an amount of capital can cause a certain market fluctuation during times when crude oil prices are normally stable.
Especially since Chen Yan and his team were short-selling, pushing down prices, it was even possible they would create a significant downturn.
Therefore, staff at various financial companies in Hong Kong have all been curiously watching the crude oil market and its trading volume these past few days.
Turned out, it was either because international financial tycoons were playing the opposite side or the market was really optimistic about crude oil prices in the near term.
