Shenwan Hongyuang Futures offering interest return for margin deposit

[lx008]

Shenwan Hongyuang Futures, a renowned futures company based in China mainland and Hong Kong,
(firm intro here Shenwan Hongyuang - CME Group )
offer interest return for futures margin deposit,

The interest return policy (being effective until the end of 10th June), if client deposit margin more than 100million RMB ,

1) keep the margin in the futures account for one month, the annualized interest return is 1.9%,

2) keep the margin in the futures account for two months, the annualized interest return is 2.3%,

3) keep the margin in the futures account for three months, the annualized interest return is 2.35%.


If you or your associates like the interest return, please let me know and I can direct you to the Shenwan Futures broker.

 

[TheDawn]

Sorry don't have 100million RMB. We are all poor retail traders here. You are posting these solicitations in the wrong place.

 

[M.W.]

I can offer you 2.75% risk free if you invest 100mln rmb with me, guaranteed by the US government, fx hedged. How do you like this deal?

Shenwan Hongyuang Futures, a renowned futures company based in China mainland and Hong Kong,
(firm intro here Shenwan Hongyuang - CME Group )
offer interest return for futures margin deposit,

The interest return policy (being effective until the end of 10th June), if client deposit margin more than 100million RMB ,

1) keep the margin in the futures account for one month, the annualized interest return is 1.9%,

2) keep the margin in the futures account for two months, the annualized interest return is 2.3%,

3) keep the margin in the futures account for three months, the annualized interest return is 2.35%.


If you or your associates like the interest return, please let me know and I can direct you to the Shenwan Futures broker.

 

[lx008]

Sorry don't have 100million RMB. We are all poor retail traders here. You are posting these solicitations in the wrong place.

just in case :>

 

[lx008]

that's a better deal :>

I can offer you 3% risk free if you invest 100mln rmb with me, guaranteed by the US government. How do you like this deal?

 

[maxinger]

Shenwan Hongyuang Futures, a renowned futures company based in China mainland and Hong Kong,
(firm intro here Shenwan Hongyuang - CME Group )
offer interest return for futures margin deposit,

The interest return policy (being effective until the end of 10th June), if client deposit margin more than 100million RMB ,

1) keep the margin in the futures account for one month, the annualized interest return is 1.9%,

2) keep the margin in the futures account for two months, the annualized interest return is 2.3%,

3) keep the margin in the futures account for three months, the annualized interest return is 2.35%.


If you or your associates like the interest return, please let me know and I can direct you to the Shenwan Futures broker.

Sorry. We don't do non-leverage things.

We are the futures traders and we like high-leverage things.
With high-leverage things, we just put a tiny account in our trading accounts.

 

[lx008]

Sorry. We don't do non-leverage things.

We are the futures traders and we like high-leverage things.
With high-leverage things, we just put a tiny account in our trading accounts.

Got your idea.

 

[TheDawn]

Shenwan Hongyuang Futures, a renowned futures company based in China mainland and Hong Kong,
(firm intro here Shenwan Hongyuang - CME Group )
offer interest return for futures margin deposit,

The interest return policy (being effective until the end of 10th June), if client deposit margin more than 100million RMB ,

1) keep the margin in the futures account for one month, the annualized interest return is 1.9%,

2) keep the margin in the futures account for two months, the annualized interest return is 2.3%,

3) keep the margin in the futures account for three months, the annualized interest return is 2.35%.


If you or your associates like the interest return, please let me know and I can direct you to the Shenwan Futures broker.

This is off-topic but I read more on the Shenwan Hongyuan group and noticed that the company started as Shenyin & Wanguo Securities which was created after the "327 incident" where Wanguo Securities was busted for manipulating the Chinese government bond futures market by shorting some 3-year government bond futures? I read up more about that incident. I don't quite understand why Wanguo Securities's shorting actions were illegal when shorting is clearly allowed especially since the Chinese government was trying to raise the interest rate to combat inflation so shorting the government bonds futures to lower prices would naturally push up the yield on those bonds and that would actually help the Chinese government in combatting inflation without increasing interest rates much? And then they put the CEO of Wanguo who was shorting the bond futures in jail for 17 years. Why did they put somebody who was helping the government with his trading activities in jail especially when his trading activities was helping the government to achieve what they wanted to achieve faster? I don't get it. https://ebrary.net/11532/economics/treasury_bond_incident

I mean they even deliberately nullified Wanguo's valid trading activities directly causing the company billions of RMB of losses and then forced the merge of the company with Shen Yin to create Shen Yin & Wanguo Securities which is the precursor to Shenwan Hongyuan group. I mean if you don't like the company's trading activities because it was using too much margin or whatever, you could've just fined the company but you didn't have to nullify the company's trading activities directly causing losses and then throw its CEO in jail?? https://www.nytimes.com/1997/02/04/business/trader-sentenced-in-china-bond-scandal.html

This is what I really don't get. I don't have that much money to trade in China anyway but seeing that you could be put in jail for just speculating on something is kinda scary.

 

[lx008]

Well, the "327" event in 1995 is indeed interesting.

That incident is quite long ago. So I had not experienced of it.

My thought is that both long and short of that bond futures in year 1995 involved some insider trading. And traders of both sides got over-confident.

And which site caused bigger trouble, in this incident, it was the short sellers, got more severe legal punishment. It's measured by damage and risk they brought to the exchange. Many of them had traded far beyond their margins.

So it's not about which side was helping the government fixing inflation, but mostly about traders betting much more money than they actually can pay. And it's also about the exchange didn't have right risk control by then.

There're many things been fixed since this event. And as always, the top rogue trader went to jail.

And more details can be read here. Treasury Bond Incident, Lessons (ebrary.net)

This is off-topic but I read more on the Shenwan Hongyuan group and noticed that the company started as Shenyin & Wanguo Securities which was created after the "327 incident" where Wanguo Securities was busted for manipulating the Chinese government bond futures market by shorting some 3-year government bond futures? I read up more about that incident. I don't quite understand why Wanguo Securities's shorting actions were illegal when shorting is clearly allowed especially since the Chinese government was trying to raise the interest rate to combat inflation so shorting the government bonds futures to lower prices would naturally push up the yield on those bonds and that would actually help the Chinese government in combatting inflation without increasing interest rates much? And then they put the CEO of Wanguo who was shorting the bond futures in jail for 17 years. Why did they put somebody who was helping the government with his trading activities in jail especially when his trading activities was helping the government to achieve what they wanted to achieve faster? I don't get it. https://ebrary.net/11532/economics/treasury_bond_incident

I mean they even deliberately nullified Wanguo's valid trading activities directly causing the company billions of RMB of losses and then forced the merge of the company with Shen Yin to create Shen Yin & Wanguo Securities which is the precursor to Shenwan Hongyuan group. I mean if you don't like the company's trading activities because it was using too much margin or whatever, you could've just fined the company but you didn't have to nullify the company's trading activities directly causing losses and then throw its CEO in jail?? https://www.nytimes.com/1997/02/04/business/trader-sentenced-in-china-bond-scandal.html

This is what I really don't get. I don't have that much money to trade in China anyway but seeing that you could be put in jail for just speculating on something is kinda scary.

 

[M.W.]

Stay away from those fucking obscure Chinese shady operators, advertisers, marketers...not one single of them is in the remotest reliable nor trustworthy, not one. I speak from many years of experience directly in that region and industry. And it always, always turns out that certain things come about through some crazy, totally unexpected events. "the daughter of the CEO of Wang Wang Bang Bang Securities whored around town and got preggy by some Ferrari driving mob member and in retaliation daddy stole funds out of the corporate chest to wage war on the seed spreading evil doer. The mother of the mobster, let's call her Dingding, did not like that all too much and subsequently called up her previous sugar daddy who bought her several apartments. Said sugar daddy just happens to be in a high up position with the securities regulator and low and behold days later the CEO of WangWang Dang Dang gets a polite visit from the securities Gestapo and taken away in an unmarked car never to be seen again. The board of Wang Wang Dang Dang Securities decides to change the name of the company and tries to wipe any and all history that points to the previous company off the Chinese "Internet" (yes there are fake eggs in China hence there must be a fake internet). Months later, the new entity in the shitter, it decides to hire a few thirsty and hungry of the former 2cent army like Lx008 (isn't this a convenient choice of nick, one step up from 007) to promote the new entity. On comes Lx008 to offer us a deal we just can't refuse. Arn't the Chinese on top of things. This in summary is my impression and experience of Chinese in both HK and in particular China. You can make real money in HK and China selling your grandma (and many other hopes and dreams as long as you find someone dumber than yourself). You would not survive a single day in China without a healthy dose of cynicism.

This is off-topic but I read more on the Shenwan Hongyuan group and noticed that the company started as Shenyin & Wanguo Securities which was created after the "327 incident" where Wanguo Securities was busted for manipulating the Chinese government bond futures market by shorting some 3-year government bond futures? I read up more about that incident. I don't quite understand why Wanguo Securities's shorting actions were illegal when shorting is clearly allowed especially since the Chinese government was trying to raise the interest rate to combat inflation so shorting the government bonds futures to lower prices would naturally push up the yield on those bonds and that would actually help the Chinese government in combatting inflation without increasing interest rates much? And then they put the CEO of Wanguo who was shorting the bond futures in jail for 17 years. Why did they put somebody who was helping the government with his trading activities in jail especially when his trading activities was helping the government to achieve what they wanted to achieve faster? I don't get it. https://ebrary.net/11532/economics/treasury_bond_incident

I mean they even deliberately nullified Wanguo's valid trading activities directly causing the company billions of RMB of losses and then forced the merge of the company with Shen Yin to create Shen Yin & Wanguo Securities which is the precursor to Shenwan Hongyuan group. I mean if you don't like the company's trading activities because it was using too much margin or whatever, you could've just fined the company but you didn't have to nullify the company's trading activities directly causing losses and then throw its CEO in jail?? https://www.nytimes.com/1997/02/04/business/trader-sentenced-in-china-bond-scandal.html

This is what I really don't get. I don't have that much money to trade in China anyway but seeing that you could be put in jail for just speculating on something is kinda scary.