Chapter 144: Growth (7)

The London Stock Exchange (LSE) is the third largest securities trading center in the world. It not only trades stocks, but also trades including government bonds, national chemical industrial bonds, Commonwealth and other foreign government bonds, bonds issued by local governments, public institutions, and industrial and commercial enterprises. Foreign securities account for about 50%, and a large number of fund companies have taken root here. For listed companies, entering the London Stock Exchange means entering the international financial industry.

Fusheng Securities is also such a fund company. It is unknown in Switting Street, but the funds through this company each year exceed 100 billion US dollars.

Of course, more than 99% of this money belongs to it, and most of the remaining 1% belong to more than twenty partners - most of them are company traders.

On the 16th floor of Yingzheng Building, senior partner Leslie is having a heated discussion with Huang Zhengsheng from China. Leslie is a tall British man with a hooked nose. He owns 10% of Fusheng Securities and is the largest shareholder except Huang Sugui. At this moment, he is excited: "Mr. Huang, we need additional funds and cannot give up at this time."

"I know." Huang Zhengsheng said with a dry mouth: "We can't afford to pay, we don't have money, do you understand?"

Leslie was in a hurry in the room, clamping his hands inward, and said in a puzzled position: "Would we close the position because of insufficient margin? Who will bear the loss?"

"It is the result of your blind expansion."

"But you have withdrawn the funds." Leslie must fight for an inch of land.

"This is a transaction that has been confirmed long ago." Huang Zhengsheng said word by word: "Three months ago, you knew that we would pay 80,000 tons of soybean oil in mid-August. At this time, you bought a bond of 200 million US dollars, which is of course your problem."

Leslie shook his big nose and said negatively: "How can 80,000 tons of soybean oil, only 60 million US dollars, affect cash flow? And you can completely drag it."

Huang Zhengsheng sneered and said, "Mr. Leslie, your financial leverage is already 20 times that much. 60 million US dollars can be used as 1.2 billion US dollars, which of course affects our cash flow."

"I'm talking about the margin." Leslie was a little angry and embarrassed.

Huang Zhengsheng continued to argue with him, and was scolding Huang Xuan in his heart. He completed the 80,000 tons of soybean oil contract at the earliest or later. They did not dare to default on the payment for the goods, and they were worried that Huang Xuan would check the company's background. Huang Sugui had just announced the contraction of affiliated enterprises of each house. In this way, it would be a troublesome to transfer money from China.

By chance, Leslie had a crush on the two-year debt-to-equity bonds of several American companies at this time. These bonds were in large fluctuations. He originally wanted to make a fortune from it, but he did not expect to lose money instead. Now it is not realistic to leave, but he has to continue to add margin, which has made Fusheng Securities' financial difficulties difficult.

At this time, Huang Zhengsheng certainly could not tell Leslie that his biggest boss could no longer use cash to fill the company. He could only persuade: "We have time to close the position now. Since we have no money, we will withdraw."

"Just wait for another week, some people do not like its low liquidity, but some people will also like its debt-to-equity conversion method." The so-called debt-to-equity conversion means that after the bond expires, it can be converted into stocks according to the contract requirements. For stocks with insufficient liquidity, this characteristic will add its value.

Huang Zhengsheng still shook his head. Several other partners watched the two quarrel fiercely and were unwilling to come up to interrupt. Until the evening, the two did not solve the problem.

...

At the Langham Hotel in London, Huang Xuan and Malley Weather clinked their glasses gently and said, "It's your phrascal that Leslie can't eat it, he can't bear to vomit, and he is disgusting."

I don’t know how Lorraine translated this sentence, but Malley Weather smiled knowingly and said, “It all depends on your information to know their board meeting in advance.”

"no, no." Huang Xuan shook the red wine in the cup almost overflowed, and said with a smile: "It is your analysis that is accurate, and the analysis wins."

Both of them laughed.

Huang Xuan looked at the sky and said, "I will attend an auction tomorrow, so I will go to bed earlier. All the things I will leave to you."

"No problem." Malley Weather was inexplicably excited and drank the red wine in his glass in one go.

The past day was an exciting day for a trader. Because of accurately estimating the floating range of several bonds, Meliwether designed a complex and easy-to-run model. Based on this model, JWM silently sniped the bulls, including Fusheng Securities. Before the market was closed, Meliwether found that he was following large institutions such as Merrill Lynch, taking advantage of the situation and laughed happily.

Thinking of the next few days, Malley Weather couldn't wait.

Huang Xuanze just tapped on slippers and looked at DVDs in the room. Today's victory was normal for him. Even in the most complex securities market, if he could get 95% accurate information, it would become transparent. Moreover, the price he paid today also made him not want to recall.

A total of 600 yuan was just luring Fusheng Securities into the trap. He didn't even get the benefit of 10 cents. Thinking about the next few days, he felt a little chilled.

"Your heartbeat doesn't seem to be normal." Lorraine's voice was abrupt.

Huang Xuan was startled and scolded: "Don't suddenly speak when I was watching ghost movies."

"Don't you think it's too much to consume in the past two days?"

"It's a little bit." Huang Xuan shrugged and said, "But the buffer belts nowadays are much more than before."

"It's only 3,500 more pauses." Lorraine said calmly: "It is estimated that Mr. Dian Wei and the two ladies will need to consume 300 pauses to integrate into this society. If you continue to give Mr. Malley Weather information, the continuous consumption may exceed 1,000 pauses. A very simple calculation is that in about a week, the buffer zone of p112 will only be 2,200 pauses more pauses than before. Even in the desert zone of time and space, this is not a safe number."

"I know what you want to say." Huang Xuan turned off the TV, lay on the bed, repeating with a frown: "I know what you want to say."

"I have checked the level 22 key I got from that Zhu Xiankui. Do you want to know what that is?"

"Whatever." In fact, Huang Xuan was a little curious.

"It's interesting to have a new plane coordinate, at least t1000 before."

"You don't take risks." Huang Xuan sat on the carpet and said, "Why do you have to use this key? We can directly transmit it. It's also good after t1600." There is a great possibility that you will encounter travelers when using the key. You have not assured him that travelers are friendly.

"Go to the Atlantic to swim randomly?" Lorraine said with a sense of humor: "Why are people using keys nowadays? It's because of security. Believe me, where you are willing to make keys for a coordinate is always profitable. Moreover, you have to stay with a lot of time. The current state of the base can only be around 10 days. What do you want to do in such a short time?"

Huang Xuan knew that even though he was not a pure traveler, he could not get rid of such a job. He simply shook his arm and accepted his fate and said, "You actually care more about profits, right? What do you need to prepare?"

"Food is a very good trading product. You can bring Dianwei with you so that we can save money on dense metal woven, and it is best not to bring sniper rifles..."

As soon as Lorraine said this, Huang Xuan interrupted him and said, "I don't mind paying $10 million for a time and space trip. You have to check tickets when taking the train. We should prepare more."

"Okay." Lorraine obviously had no intention of arguing with him on this issue, but said: "From the situation last time, the prices of products such as grain are rising between planes. I suggest carrying more. If necessary, they can exchange things with others."

"For example?"

"Bio weapons, whatever you can do."

"Ok." Huang Xuan thought carefully, but had no intention of sleeping. He simply turned over and called the switchboard and asked, "What are the projects you have here tonight?"

The switchboard was a British lady with a gentle voice. She quickly checked the check-in records and said: "Hello Mr. Huang, the history of the langham hotel can be traced back to 1865 and is one of the most famous old-fashioned hotels in London. We have opened a boat-style spa (spa) originating from China, which is very popular among Chinese tourists."

"Spa?" Huang Xuan shrugged and said, "It's better to let me directly sauna."

“There are bathing and sauna centers on the 7th floor, which are Japanese-style.”

"Just there." Huang Xuan hung up the phone. He lived in Langham's fashionable suite, which was more than cheaper than the largest everlasting suite. However, he came to London with Tang Yi, so it would be better not to show off too much.
Chapter completed!