See here.

Chen Tao suddenly became more excited, and if he didn't refuse at the first time, it meant that there was a lot of hope. If he can convince the other party to take care of all the funds in the account, no, even if he only manages part of the assets, then his performance will be unstoppable.

"If Mr. Lin's funds are idle for a short period of time, he can buy SGD, JPY, and Euro-denominated government bonds, which have higher yields than US bonds, and their exchange rates against the US dollar are constantly appreciating, and a rough estimate can get 60% of the investment income. These bonds are very liquid and ready to be cashed out, and the key is that the yield is relatively stable and the risk is low. Chen Tao said that because of the first contact, for the sake of caution, he did not dare to aggressively recommend those high-risk financial derivatives to Lin Haocang.

"Well, investing in treasury bonds is extremely safe, but the investment income ......" Speaking of this, Lin Haocang couldn't help but shake his head silently. Then, with a straight face, Lin Haocang asked with a light smile, "Could it be that your DBS Bank's investment and wealth management products only have treasury bonds?"

Scold.

This Chen Tao is a bit interesting. When the average investment manager recommends wealth management products to customers, he is eager to directly take out the world's most complex wealth management products, and do his best to fool them, constantly hinting to investors that the wealth management products will get ultra-high investment returns, but never mention the risks, let alone analyze the structure of the wealth management products in detail, and will not say when they will make money and when they will lose a lot. In many cases, investors are so confused that they don't know exactly what they are buying.

But.

Chen Tao in front of him did not come up with those exaggerated and complex financial products, but only provided Lin Haocang with the simplest and most ordinary treasury bonds.

"Hey, our bank is a comprehensive bank, with a wide range of wealth management products, and naturally it is impossible to only have treasury bonds. However, treasury bonds, certificates of deposit, etc. are the safest investment methods, and for customers who are new to contact, I would recommend these investment methods with absolute protection. Of course, if the customer asks for it, I will also recommend it!" Chen Tao explained.

"I see!"

Lin Haocang nodded understandingly.

This.

Lin Haocang's goal is very clear, that is, to short Nikkei futures, so naturally he will not care about the bond market. Some people may wonder why they should bother to contact DBS Bank in Singapore if they can open an account directly with the Singapore Financial Exchange to short Nikkei Futures.

Very simple.

The Singapore Futures Exchange (FE) has restrictions on customer positions, and Lim hopes to use DBS Bank's special status to circumvent the constraints for the time being. In addition, the trading volume of Nikkei futures on the Singapore Futures Exchange is always limited, and he wants to rely on DBS Bank's extensive network to reach more investment agreements on the Nikkei index in the over-the-counter market. Strictly speaking, the most active market in Singapore is the market, which is very relaxed due to the lack of regulation and private negotiation of transactions, and the scale of transactions is much larger than that of on-exchange transactions.

But.

The participants in the transaction are limited to customers with a high degree of credit, and Lin Haocang wants to enter the market without revealing himself too early, so he can only find a reputable banking institution as a guarantee. And Lin Haocang's target guarantor is DBS Bank of Singapore!

……

"If Mr. Lin wants to reap more investment returns, the investment income of corporate bonds, financial bonds, and mortgage bonds is not low. Of course, it is also possible to invest in funds...... In the past three years, the three funds of the Bank have achieved investment returns of more than 20% for several consecutive years. The real estate investment fund that was established not long ago, which focuses on investing in the real estate market of Dongying, has a good future prospect with the popularity of the real estate industry in Dongying, and the investment fund has been sought after by countless investors as soon as it was launched. Chen Tao introduced.

Then.

Chen Tao breathed a sigh of relief and continued: "If Mr. Lin wants to invest in the stock market or futures market, I can also provide investment advice. ”

"Oh, it seems that Manager Chen is still an all-round talent. Lin Haocang said with a smile.

"You're laughing. Naturally, I am not proficient in all investment fields alone, and I rely more on my investment team to give investment advice to clients!" Chen Tao explained.

Well.

Lin Haocang nodded in understanding and continued, "Singapore's futures market is developing rapidly. I want to invest in financial futures, I don't know what you recommend?"

Financial Futures ......

Chen Tao was surprised by Lin Haocang's statement, but remembered that the other party suddenly mobilized a large amount of money to enter Singapore, probably to invest in futures. "He may not be a layman in the financial market......" With this thought in mind, Chen Tao became more cautious.

Chen Tao asked with a smile, "There are many varieties of financial futures, including currency futures, and the main trading varieties of the Singapore Futures Exchange are US dollars, British pounds, Japanese yen, Swiss francs, Australian dollars, Singapore dollars, etc. In addition, there are interest rate futures, stock index futures...... I wonder which futures product Mr. Lin is interested in?"

"Yen currency futures. I have been paying close attention to the trend of the yen exchange rate, which has been appreciating against the US dollar, but in recent months the exchange rate has fluctuated greatly and even depreciated. Therefore, I am a little uncertain about the trend of the yen exchange rate in the future. Lin Haocang said

"Mr. Lin, are you planning to hedge exchange rate risk on yen assets?" Chen Tao asked, hesitated for a moment, and Chen Tao cautiously reminded, "At that time, domestic and foreign investors have recently had completely different views on the future prospects of Dongying's economy... A simple exchange rate risk hedging may not be able to effectively avoid the loss of your yen assets. ”

Oh.

After listening to Chen Tao's suggestion, Lin Haocang's eyes couldn't help but light up, and he smiled lightly: "It seems that Manager Chen belongs to the latter, and he is not optimistic about Dongying's economy." ”

"Dongying's stock market seems to be prosperous, but anyone who is a little more rational can see that Dongying's stock market bubble is very serious, and I have no reason to be optimistic. Scold. But let's be honest, an investment team I led suffered a fiasco in shorting Dongying's stock market......" Chen Tao smiled self-deprecatingly.

"Oh, have you shorted the Dongying stock market?" Lin Haocang was surprised.

"Yes. Earlier, when I saw the economic bubble in Dongying, I shorted Nikkei futures. However, Dongying's domestic expectations for the stock market to rise are extremely strong. The bulls of Nikkei futures are also terrifyingly strong, constantly pushing the Nikkei index higher. We bears have no ability to resist at all, and we are all ruthlessly crushed to death. When it comes to Nikkei Futures, although Chen Tao has a bitter face, he can also calmly face his fiasco.

After being silent for dozens of seconds, Chen Tao continued: "Realizing that there is no chance in the Nikkei futures market for the time being, I have set my eyes on the stocks of two Dongying companies, whose shares have risen three times and five times respectively in the past year. However, there has been a recent production accident, and we are about to face a huge amount of lawsuits, and we have been informed in advance that both companies are in financial difficulties, and it is certain that there will be a loss in the next financial report. Heh, we finally caught two soft persimmons, and naturally we will not let go, and we, together with many hedge funds, began to aggressively short the stocks of the two companies and suppress the stock price...... Under normal circumstances, according to our careful deployment, the shares of both companies would fall into scrap paper. But the results were unexpected, and the shares of both companies not only did not plummet. Instead, it goes up against the trend!"

Call.

Taking a deep breath and soothing his emotions, Chen Tao smiled lightly: "I have experienced several fiascos. The assets under my management have shrunk significantly, and the headquarters has ordered the suspension of operations in the Dongying market. Helpless, I can only withdraw unwillingly and wait and see...... But I'm still not optimistic about the economy. ”

"Heh, so if you have the permission, you will still continue to short Nikkei futures?" Lin Haocang heard the underlying meaning of Chen Tao's words.

"Of course. ”

Chen Tao replied without hesitation, and then smiled helplessly. "It's a pity that the headquarters won't give me this opportunity at all. ”

Well.

Lin Hao nodded secretly. However, there was no rush to solicit it.

"Since Manager Chen is not optimistic about Dongying's economy, why did he strongly recommend an investment fund focusing on Dongying real estate to me just now?" Lin Haocang asked.

"This ......"

Chen Tao's face was embarrassed, but he also had to explain, "Heh, I'm afraid that Mr. Lin will be recommended to buy this real estate investment fund if he comes into contact with any investment manager of our bank." The person in charge of the real estate investment fund is the star investment manager with the most dazzling performance of our bank, which is highly valued by the senior management, and our bank has also devoted a lot of resources to cultivating it...... It would not be surprising if Mr. Lin had a better understanding of the internal personnel of our bank. ”

"Huh?"

Lin Haocang looked puzzled.

"DBS Bank Singapore is a state-owned bank and the internal senior appointments are complex. The background of the person in charge of the real estate investment fund is not simple, and the rumors are ...... Forget it, it's not confirmed, it can't be true. Anyway, if nothing else, he will soon step into the core management of DBS Bank in Singapore!" Chen Tao explained ambiguously.

Oh.

Lin Haocang smiled and nodded understandingly, although Chen Tao did not explain in detail, he could also think that the person in charge of the real estate investment fund was only afraid of having a strong government background. In Singapore, it is very common for relatives of senior officials to control state-owned enterprises.

If the person in charge of the real estate investment fund wants to be justifiably promoted, he naturally needs to show results, and it is inevitable that the top management will tilt resources towards it and strengthen "training".

……

"Manager Chen, if I intend to short Nikkei futures, I wonder if you can help?" Suddenly, Lin Haocang asked hypothetically. Although his goal is to short Nikkei futures, he has not made a definite statement at the moment.

Forehead.

Chen Tao's face was shocked, didn't he say that he wanted to hedge the risk of yen exchange rate fluctuations, why did he suddenly change his mind and become interested in Nikkei futures.

"Heh, frankly speaking, after listening to Manager Chen's words, I am not optimistic about Dongying's economy and want to make a profit in the futures market. However, I don't have any traders around me...... Therefore, I would like to entrust Manager Chen to operate my funds. Lin Haocang said with a smile.

Of course.

There is no trader just an excuse to move Chen Tao, Lin Haocang wants to transfer traders, there is no shortage in Phoenix Investment Group, Phoenix Holding Company, East West Bank, and even temporary employment in the financial market.

"This ...... I have been banned from operating in Dongying Market, and my account permissions have been frozen. Chen Tao was moved, but after a little hesitation, he smiled helplessly. Now, the restrictions on him are not only for internal bank funds, but also for the use of customer funds.

Even if Lin Haocang entrusts him with funds, he can't short Nikkei futures. Because the internal investment account under his control is frozen, as long as he participates in investment transactions related to Dongying, the funds cannot be mobilized. "Mr. Lin, you can open a futures trading account on your own, and I can act as your investment advisor in private. ”

"Oh, so be it. I will negotiate with your top management to get them to unfreeze the access to the investment accounts you control. Lin Haocang said with a smile.

Unfreeze permissions?

Chen Tao shook his head with a wry smile, he was firmly bearish on Dongying's economy, but the top management of DBS Bank in Singapore was the opposite. It is already very commendable that he has been at odds with the entire bank's top brass in this way, and that he has not been fired, but only has some of the authority to freeze his investment account.

However, it is difficult to unfreeze permissions in the short term. Singapore's DBS Bank is also worried that Chen Tao's shorting of Dongying stock market will cause greater losses, and customers will find trouble with the bank.

"Huh. I will sign an investment loss waiver agreement with your senior management in advance, stating that it is my decision to entrust you to short Nikkei Futures, and I have not been deceived in any way, and in case of loss, I will also bear it myself, and I will not hold DBS Singapore responsible. With this waiver in place, I am sure that your senior management will remove your investment account privileges. Lin Haocang said with a smile. With $675 million in his bank account, he is an absolute high-level customer, and I believe that the Singapore Investment Bank will not go against Lin Haocang's wishes.

This.

Chen Tao was a little speechless in surprise.

"I believe in Manager Chen's investment vision and my own judgment!" Lin Haocang said with a smile.

……

After sending Chen Tao away.

Zhang Xiaolei asked puzzledly, "Chairman, we can open a futures trading account directly in the member clearing company, why bother making such a big detour?"

"Heh, of course we will open our own account operation. However, each account has a limit on holdings...... What's more, DBS Bank's influence in the local financial market will bring unexpected ripple effects if it does not short the market through his hands. Lin Haocang smiled lightly. Even though he has abundant funds, he is not naïve enough to think that he can fight against the entire market bulls on his own.

Let alone.

Through Singapore's DBS investment account, Lin Haocang can also hide the movement of some of the funds.

……

As Lin Haocang expected, under his strong request, he insisted on entrusting the funds to Chen Tao to short Nikkei Futures, and signed an investment loss waiver agreement, DBS Bank of Singapore happily unfrozen the investment account authority controlled by Chen Tao. Then, Lin Haocang handed over all $5 billion to Chen Tao.