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Chapter 145 Growth (8)

Chapter 145: Growth (8)

Tang Yi heard Huang Xuan's voice and turned around with a smile, saying, "Huang Xuan, can't sleep at night? Do you have any meals?" He liked this child very much. He was young, had great achievements, and seemed to have a very talented language. He would not be stubborn and self-righteous like many young and successful children.

"I asked them to give me a steak and drink two bottles of Coke." Huang Xuan said with a smile: "It's just that the amount is a little small. I heard that there is a bath sauna on the 7th floor, so I want to try it.

The sauna of Langham would naturally not look like some small streets in China, but Tang Yi smiled and waved his hand and said in Greek: "I can't do it anymore. I'm old and the sauna is too tiring. Well, I'll introduce you to a friend, Mr. Kriminos from Greece. He now supervises Onassis's property, but he will hand it over to others." He obviously heard from Huang Xuan's parents that Huang Xuan understood Greek.

The last sentence is obviously joking, just like Tang Yi's usual style.

Huang Xuan knew that Onassis was the legendary Greek ship king, but he had been dead for thirty years. Since there was no heir, his property was supervised by four Greek merchants, waiting for his granddaughter to become an adult. Recalling the rumors heard in these families, he smiled and shook hands with Kriminos, and said in Greek: "Hello Mr. Kriminos, I am Huang Xuan." He said as he looked at Kriminos in confusion and said: "Have we met?"

"That unforgettable timber factory in Brazil." Kriminos laughed loudly.

Huang Xuan suddenly remembered that the fat Greek businessman, who looked slightly fat, was Galadia's uncle, the timber merchant from Greece. However, due to the attack from travelers, he left without even leaving contact information. Later, he was busy all the time and had no chance again.

He touched his head and smiled embarrassedly: "It was too chaotic at that time, and his impression was blurred."

It's a clumsy lie, but it's very useful. Tang Yi smiled and put his hand on the shoulders of the two of them and said, "It's good that you know them all, Xiao Huang, I didn't expect you to have a wide range of friends."

His second sentence is said in Chinese. The "Little Huang" statement corresponds to Huang's father's "Old Huang" and is also similar to the names of "human friends" in the eyes of the Chinese people. This statement made Huang Xuan scratch his head and change the topic: "Where is Uncle Tang going?"

Kriminos was not displeased with them in Chinese at all because they spoke in Chinese. When he heard Huang Xuan’s question, he replied naturally: “Do you know the Dorchester Hotel? The Chinese restaurant Tangren Pavilion has a good reputation. I have been famous for a long time. This time I heard that Tang Yi was here, so I wanted to invite him to try it and order food for me.” He said as he patted Huang Xuan’s shoulder, just like an elder, and said: “How about it, go with us?”

"Okay." Huang Xuan replied with a smile. He suddenly missed Galadia very much. Although this longing was no longer as strong as the initial emotion, his pounding heartbeat told him that the fashionable blonde was still seducing him secretly.

The owner of China Tang is David Tang from Shanghai Tangren Chinese Restaurant. He has worked hard for many years to build this Tangren Chinese Restaurant into the most famous and most expensive Chinese restaurant in London. On the way, Tang Yi used his unique upward 1.5-degree tone: "If it weren't for Kriminos treating me, I would never have come here. Beijing roast duck is 280 pounds per piece, and even if I use public funds to spend it, I can't afford it."

Huang Xuan almost sprayed out the tea in his mouth, and then he took the menu from the waiter. The mar-boh tofu on it was 35 pounds, pot sticker on it was 22 pounds, and yang chow fried rice on it was 79 pounds. The simplest way he could think of was to ask for a portion of Yangzhou fried rice and a portion of things such as seaweed soup, and also 100 pounds. If you want a cup of oolong tea while waiting, you have to add another 50 pounds. The problem solved in a small Chinese restaurant in 10 minutes is charged more than 1,000 yuan.

Grinning his mouth, Huang Xuan returned the menu to the waiter, but he smiled in Greek and said, "Fortunately, I am used to being slaughtered, but I didn't expect that our slaughtering technology has developed to the world."

"It's a good thing." Tang Yi said while looking at the menu: "It's enough for French people to eat a set meal in China for 5 francs. We still cost several thousand yuan to eat French meals. These restaurants use food as works of art, and the Price Bureau also said that high-end restaurants allow appropriate price increase." He also laughed as he said.

Huang Xuan was not very relaxed. After all, all the people here are elders, so he just smiled in his heart: Uncle Tang is really from the State Council series, and he doesn’t forget the Price Bureau when he eats.

The nights in the foggy city are filled with empty streets and unbreathed air.

Huang Xuan was quite satisfied with just 500 yuan per cup of oolong tea and 200 yuan a soup bun - even at home, it is rare to spend more than a thousand yuan a meal. Huang's mother is a good family-man. She can always remember the dishes her husband and son like, and pair them back and forth, but will not waste them deliberately. Whether in the Huang family or the Zhang family, the luxury atmosphere is far less common than that of foreign aristocrats in the past.

Kriminos and Tang Yi chatted casually, sometimes in Greek, and more often in English. Tang Yi's Greek can only achieve daily dialogue, but in terms of the domestic environment, it is also very good. Compared with those professors who study the history of the ancient Roman era and have grammatical errors in the paper, he is still in line with the world.

Huang Xuan's Greek is not much better than Tang Yi. These days, he occasionally learns some English, mainly inspired by Cai Wenji. This genius and beautiful girl, without the assistance of the base, has memorized a concise English-Chinese dictionary. Huang Xuan almost thought that she had met a god.

Of course, memorizing dictionaries cannot prove a person's language ability, but it can prove his ability. For a woman like Cai Wenji, memorizing 5,000 words in a week is just Er. She has been trained since she was a child and can memorize two articles a day.

He tried hard to eat 289 pounds a plate of honey char siu (b.b.q. pork), Huang Xuan raised his thumb and said, "This char siu is very authentic, Mr. Kriminos try it." He felt in his heart: Buy it in Nanjing, about 40 yuan is enough.

Kriminos smiled and chose a piece with a fork, turning his attention to Huang Xuan, saying, "Many people told me that your Hexin Industrial is operating well, but I don't understand why you want to buy an energy company. As of now, the profits of the power sector are declining year by year, and Brazil is even more prominent. What is your future direction?"

The so-called "many people told me" is naturally Kriminos' catchphrase. When he said this, Huang Xuan, who was focusing on char siu, was stunned and blurted out: "Agriculture."

"Agriculture?" Kriminos thought for a while and asked, "Do you want to focus on Shengfeng Company?"

"Yes." Huang Xuan put down his chopsticks and supported the table with his hand: "I personally think that the application of bioenergy and the increased population in underdeveloped areas all require a large amount of food, but now many regions are trying to improve the quality of agricultural products and prices. I think doing so will not necessarily bring high profits, especially in the case of intensive production, and." He looked at Tang Yi and said, "This is not of any benefit to people's livelihood."

Tang Yi smiled and nodded, saying, "At such a young age, it is much better than my son who can speak the word "people's livelihood."

Huang Xuanze prayed in his heart: I didn’t do the rise in international grain prices, I only transported tens of thousands of tons of grain.

Kriminos nodded in agreement and said, "Brazil is a good place to develop agriculture, perhaps the best place on this planet, with government support, large farms, and countless land to be reclaimed, which is very good."

Huang Xuan listened carefully and then said, "You know, I am still young now, so I want to contact various companies. I just want to try buying furnas. Although the business conditions are not good now, it is always profitable." He said and laughed, saying, "I also think Brazil's advantage is agriculture and animal husbandry. I have bought thousands of horses recently and want to develop in this regard."

"Animal farming is a systematic project. Many people told me that raising a horse is much harder than running a factory, and sometimes I feel the same way," Kriminos said, shaking the tea in the cup, saying, "But in my opinion, your company has too many types, warehousing companies, power companies, and agricultural companies, and there is almost no intersection between them, which will increase operating costs and management costs, and you also put them in a group."

The so-called ginger is still the old one. Huang Xuan knows that what he did intentionally or unintentionally is very nonsense in the eyes of many operators, but the actual profits he made from these nonsenses far exceeded those of people of this era. But now, he still feels ashamed, nods, and says, "I was a little anxious at that time."

Kriminos smiled as if he understood and said, "I said so, in fact, I just want to introduce you to a few management talents." He said, looking at Tang Yi, and said, "You know, in the past few years, many well-known companies have gone bankrupt. At that time, I recruited many people to their subordinates. However, in another half a year to a year, I will also hand over the regulatory responsibilities. Many very outstanding talents may be difficult to stay in Onassis's companies. You are the youngest and most promising people I know, so I want to sell them."

"I really need some professional managers." Huang Xuan remembered several subsidiaries whose operating conditions were getting worse and worse, rubbed his lips and said, "Let's do this, we will talk after I return to China."

"Ok." Kriminos smiled and shook hands with Huang Xuan, who said in disguise: "Last time we met together, how is your niece, Galadia good now? I didn't leave her contact information."

"She's very busy lately." Kriminos said with a weird smile: "She has to deal with a lot of things, and I will convey your greetings to her."

Huang Xuan shrugged and said he knew, but he couldn't say anything else.

...

The next day was a compact and busy day. Huang Xuan did not go to Christie's auction. He stayed in the Yingzheng Building all day and accompanied Malley Weather to have a heartbeat. This attitude made Tang Yi very fond of him. He mistakenly thought that Huang Xuan had handed over all rights to him, so he naturally felt that this love was revealed in his heart.

Anonymous auction and then bid on your own is a simple and commonly used money laundering method. Interpol usually encounters the identity confirmation of the auctioneer and bidder, and Tang Yi, as an intermediary, is almost an object that cannot be investigated.

Because it was a set of auctions, the auction was very fast. Tang Yi used more than 30 million yuan in cash in his hand, plus the 300 million US dollars given to him by Huang Xuan, and obtained 80% of the auction items. Most of the remaining ones were bamboo slips with low value or too many replicates. This acquisition was also exclaimed by the British media as the upgraded efforts of the Chinese government's cultural relics protection.

Just when Tang Yi was besieged by many media, Huang Xuan stared at the screen tightly until he felt sore and sleepy.

Since Fusheng Securities could not provide more funds, Leslie, who was reluctant to give up, was forced to continuously expand its financial leverage, from 20 times to 30 times. While he was long, Meliweather and many Wall Street groups lurked behind him and slowly estimated these bonds.

Buying and selling bonds is unfamiliar to many people, but in fact, in the international market, most hedge funds are bought and sold for bonds.

Bonds include government bonds, corporate bonds, etc. For example, China's Treasury bonds are a kind of government bonds. The way to make profits is to use US bonds as an example. The US government issues bonds every six months and the term is 30 years. Since people generally believe that US government bonds are the least risky investment vehicle - the Chinese government is also buying such bonds - so after the bond is issued for 6 months or more, investors will put these bonds in a safe and hold them for a long time. As the 30-year bonds are less and less circulation, their transactions become difficult. Therefore, on Wall Street, 29 years and 1/2 of the old bonds are still before the maturity date are called "non-current bonds", while newly issued bonds are called "current bonds". The market generally believes that the value of non-current bonds is relatively low.

This raises the problem that you can buy non-current bonds at a lower price, so you will get a higher rate of return, but in fact, the US government will not pay even a penny for these 6 months, so the market actually deviates.

When this deviation is large enough, those arbitrage institutions will enter, and for them, 10 basis points are enough. Although, according to most people, a profit of 1‰, $1,000 can only make $1, but for institutions that use financial leverage, $1 billion can be bet on $1 million.

Not only do U.S. government bonds encounter such problems, but many corporate bonds or other government bonds also have the same problems. For example, Chinese government bonds, all kinds of bonds all over the world, the daily transaction volume is more than 170 billion US dollars.

Leslie also chose several bonds with poor liquidity, but Fusheng Securities is not a hedge fund. In theory, if you buy $1 billion in current bonds and $1 billion in non-current bonds, the risk is only 1/25 of one of them. Therefore, when Leslie made a decision to make a 30-fold financial leverage, his risk invisibly expanded by more than 1.5 times.

He bought bonds totaling 4 billion US dollars. From a financial perspective, Leslie's choice was not wrong. These bonds will inevitably return to normal track, but before that, for every basis point that non-current bonds fell, he would lose one ten thousandth, that is, 400,000 US dollars. Similarly, as long as he could survive until these bonds returned to normal, he would earn 400,000 US dollars for every basis point up.

For ordinary corporate bonds, 10‰ is a dividing point, and the current price has floated to 16‰. Leslie is holding his energy in his heart and wants to make a big profit.

The role of Lorraine is to choose the right time to enter, then exit at the right time, then enter and exit, always interfere with these bonds and delay them back to 10‰.

Huang Xuan’s funds are not enough to go against the market, but Leslie has even less money. Fusheng Securities has $200 million, but now there is 140 million left. This is its limit. Just a month ago, Miley Weather’s jwm only had $150 million in principal.

"Raise these bonds by two thousand points." Huang Xuan thought silently that Leslie entered the market at about 12‰, and lost 2‰, which is 4 million US dollars under 20 times of financial leverage. He then increased his financial leverage - this is because the soybean oil bill sent by Huang Xuan consumed funds, and under 30 times of financial leverage, he lost 2‰. Of course, since the loss rate is calculated based on the total amount of bonds, he also lost 4 million US dollars, so his loss amount has exceeded 8 million US dollars. However, because Leslie purchased array bonds, the margin for a single bond, such as the current Voltes Company, has bottomed out.

The so-called margin, simply put, is the money that investors guarantee that the bank will not lose money when they lend to banks. In other words, when you make a profit, there is no problem, but the money you lose must not exceed the money you really have. Once the bottom line is reached, the bank will recover its money. Therefore, the margin system is a system that amplifies profits and losses.

Mileyweather didn't understand why Huang Xuan always knew Leslie's bottom line, but he would never ask this question. On Wall Street, everyone has their own unknown ways. He arranged the time period for funds to enter and walked to Huang Xuan and said, "If he was forced to close the position this time, the bank would definitely ask him to add margin."

"What if he can't do it?" Huang Xuanming asked knowingly.

"Either he will forcefully close several of the positions and fill them in other positions, or withdraw them all now. According to the current situation, the latter will lose 15 million US dollars, but the losses are still controllable."

Huang Xuan smiled and said, "If he were the boss, he might have done this, but he was not."

McLewiser nodded silently. This is a game that every trader will encounter. You know that continuing to do it is extremely risky, but you have to continue to do it, because the current losses are untolerable for the boss. This is equivalent to saying that if you continue to do it, you may be able to keep your current position and salary. The only thing that can stop this crazy behavior is the record in the industry.

Leslie obviously chose to continue working. He is a senior partner of Fusheng Securities. If he fails and without this partner, it will be difficult for him to become a partner or employee of other companies. His choice is more direct than ordinary traders.

"Quickly raise the remaining bonds." Huang Xuan immediately ordered when Lorraine heard the call from Malley Weather.

Large amounts of shorting funds seriously affected the trend of these bonds. They rose by 3‰ in just a few minutes. These are not US government bonds, and 10 billion US dollars is enough to pull them to a high of 20‰.

No matter how stupid Leslie was this time, he knew that someone was sniping him. In fact, any securities company might encounter sniping, sometimes intentional, sometimes unintentional. You can't forcefully close the position just because someone is doing the same bond as you. Therefore, he didn't care much at first.

Now that the bank's ultimatum has been issued, one of which has been forced to close the position, Huang Zhengsheng is already a little furious.

140 million US dollars of assets are nothing to Huang's Fund, but 140 million US dollars of cash is very important. What's more, Fusheng Securities is highly likely to go bankrupt due to this, and investors in a hurry will withdraw their investments wildly. The chain reaction brought about will destroy the funds that are operating in the long term. If such a thing happens, Huang Sugui's assets will lose more than 400 million US dollars. Moreover, he will not only no longer be able to call funds in violation of regulations, but will also be in a mess because of his previous records.

Such things are disastrous for the operation of its overall capital chain.

Leslie had already lost his face. He pushed Huang Zhengsheng away and said, "I am a senior partner of Fusheng, so I have the right to decide what to do." He said, "Close the positions of No. 776 and No. 921, and add the remaining money to other positions."

"You're crazy." Huang Zhengsheng almost roared: "What if these bonds continue to rise? This is increasing losses."

"We have lost 25 million, 20%, sir, for this company, it's a loss of 10 million, what's the difference?" Leslie didn't even look at Huang Zhengsheng.

The latter was depressed and speechless.

...

English Certificate 21st Floor.

Huang Xuan shook hands with Meliweather and smiled and said, "I'm going to Brazil in the afternoon, and I'll leave the rest of the work to you."

McLewiser nodded and agreed. In the investment world, there are many ways to withdraw the funds that have been trapped. His most skilled use is naturally the gradual shorting method proposed by Merton in the "risk-free arbitrage model". For example, starting from 30 yuan, he continued to sell shorting at 29 and 3/4, 29 and 1/2, which can minimize losses.

As a trader, McLewiser also admires Huang Xuan very much. There are many Wall Street people who can get internal news. They can use this news and lose 50 million US dollars without changing their faces, just to make others lose 100 million US dollars. Such a rich man is a financial tycoon who is truly suitable for Wall Street.

But he didn't understand that Huang Xuan's foundation was ultimately in the Huang family, and Fusheng Securities was equivalent to Huang Sugui's personal bank. If this "bank" went bankrupt, Huang Sugui's capital chain would be tight, and this was the first step to break it.

...

Kriminos will stay in London for a few days. Tang Yi is already ready to return with a full load of preparations. When Huang Xuan said goodbye to the two, Professor Tang squinted his eyes and said, "Now go to Brazil, don't just skip school?"

Huang Xuan smiled awkwardly and said, "Company business, company business."

Lorraine shook her ear drums directly and said, "Dianwei will arrive in Sao Paulo at 9 am tomorrow morning. Our arrival time is 1 pm. There are currently 12,000 tons of various food in the Cabres warehouse, including various commodities ranging from wheat, corn to soybeans. In addition, your favorite weapons are in the base."

"You should like weapons." Huang Xuan smiled and waved to Tang Yi, turned around and said, "Weapons are for protecting themselves and are necessary for plane travel."

"If it is a biological weapon, I don't object, but in fact, the metal weapons you carry have no advantage except that they do not consume energy when shooting."
Chapter completed!
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