A date with a beautiful woman, which has to be done secretly, is all that's left for a little thrill.
Although Xing Baohua has now sold all his stocks and has money, he still has debts.
Don't rush to pay off your debts. The more money you have, the more people will pressure you to take out more loans.
Xing Baohua's work ahead was also not easy. He had to control all aspects and understand the situation. Just looking at some reports and data would take up a lot of time.
In addition, many people invited him to dinner and play ball.
There's no time for that. When I'm busy, I don't even have time to drink a bowl of soup.
In the past few days, the Ministry of Finance has also submitted the compiled information on the US dollar index and US stocks to Xing Baohua.
This guy was discussing data with several financial advisors and analysts from the company's finance department.
The analyst began analyzing individual stocks, but Xing Baohua interrupted, asking him to analyze the overall market situation.
What is the current position, and what will the future position be?
What percentage is expected to be reached in a few months, representing either growth or decline?
Xing Baohua instructed them to focus on understanding the two major stock indices, the Dow Jones and the Nasdaq.
Even Xing Baohua asked, "How are the two major stock indices doing?"
In short, he shocked the financial experts present.
"Boss, let me give you a piece of advice: the global market is booming, even though the economy is relatively weak. Wall Street has also issued warnings, but it's hot all over! At this point, instead of shorting stock indices like before, you can only trade stock index futures."
Following your previous trading method, you could only pour in massive amounts of money. While I don't know how much you're planning to bet on a short position in the US dollar index, you should prepare at least five times the margin.
“We’re not investing now because we haven’t found a good entry point. Your task now is to find one. Forget it, let’s be bullish for now. Buy two months of stock index futures and find me an entry point.” Xing Baohua finished speaking and walked out of the conference room.
The remaining financial experts looked at each other.
As the saying goes, "He who listens to advice will eat his fill," but this boss, Xing Baohua, is too obedient! As soon as he was advised that shorting was very risky, he immediately listened and went long.
When did my boss become so easy to talk to?
Regardless of the boss's character, he has over two billion US dollars in the United States. This is the figure we know recently, and there are probably many others who don't.
Rumors have been spread that Xing Baohua plans to use two to three billion US dollars to go long on the US dollar index.
Damn it, last time they said they were pessimistic about the global economy and even predicted an economic crisis, but then they turned around and bought more shares. They're even better at conning people than the rest.
Goodness, the news spread really fast. All the American securities firms with branches in Hong Kong have been contacting Xing Baohua to schedule appointments.
Morgan Stanley, Goldman Sachs, Merrill Lynch, Lehman Brothers, Bear Stearns, and Citigroup.
There are quite a few smaller institutions, but Xing Baohua doesn't have time to argue with them! However, he still needs to meet with the big investment banks.
It's just that Merrill Lynch, Lehman Brothers, and Bear Stearns were the three investment banks that collapsed that year.
If I can't think of it right now, then I won't think about it; it's not this year anyway.
Besides, we can afford to play these games right now.
In fact, Xing Baohua still prefers to work with brokerages like Morgan Stanley.
The strength and wealth behind it are beyond the comprehension of ordinary people.
Those who have read the book "Currency Wars" should know that this is a large and extremely wealthy family.
In short, the amount of money Xing Baohua has is something others can afford to pay.
Xing Baohua didn't rush to meet with people from other investment banks, but he met with Citibank's representatives first. The people who came were Xing Baohua's exclusive manager and Citibank's vice president in Hong Kong.
Of course, we should start by playing the friendship card.
Given the pleasant cooperation in previous years, we hope that Xing Baohua's investments in the US will be handled by them, and we even guarantee to provide a professional team to assist Xing Baohua in managing them.
Commissions were negotiable, and they even promised that Xing Baohua could access $1.5 billion in funds without collateral when he needed money temporarily.
At first, they only gave 100 million, but now their credit rating has increased to 1.5 billion.
The other party meant that Xing Baohua should use the 1.5 billion yuan to cover the margin. In financial market operations, when the margin is insufficient, it takes time to mobilize a large amount of funds. If it is just a few minutes short and a margin call occurs, the loss will be significant.
It's a bit like what people in casinos say: "It's okay, you play first, and if you lose, you can get the money back from me. I'll just keep track of it."
He's very similar to Fugui in the TV series "To Live".
You can gamble as much as you want; if you lose, the money will immediately be in front of you.
Of course, investment banks at this stage are not like casinos; they only take a commission. If you're involved in a scheme, they might steal your margin.
Xing Baohua estimates that few could offer him better terms than Citibank. They are very generous.
Unfortunately, Xing Baohua didn't want to use them!
After such a long partnership and such excellent service, I can't bear to give up! It's a big family like Morgan that can afford to play games.
He tactfully told the Citibank representative that he would consider it.
After that, Xing Baohua kept meeting people, talking and chatting, wasting time.
Morgan was the last person I met. Why was it the last person I met?
It's not that they don't value it, but that they really do. If you want to cooperate with someone, you have to be tactful. After meeting so many people, Morgan must know which institutions will offer Xing Baohua many favorable terms.
Therefore, they also need to come up with some strategies to win over Xing Baohua, this high-quality client.
Morgan is very powerful, but that's a matter for the Morgan Group, not Morgan Investment Bank, which is a separate entity.
The Morgan investment bank manager I met was named Sirli Danny.
When this person arrived, he also brought Xing Baohua cigars.
Good stuff, but it's a pity Xing Baohua doesn't like smoking this stuff.
After they were seated, Sirli Danny said, "Mr. Xing, it's an honor to meet you."
"polite!"
"I won't waste words. The conditions that other companies offer you will be better than what they offer us at Morgan."
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