Chapter 291: Operation
Hu Wenhai smiled, stretched out his hand and shook Chen Fa. Not to mention, this woman is really interesting.
Even if he knows that his boss is standing in front of him, his attitude is mostly not humble or arrogant, and although he smiles sincerely, he does not flatter at all.
Hu Wenhai likes this smile, this is a very confident woman.
Fang Jiange's vision is good, well, it's really very good.
The top is Jia Ling, or the middle is Masami Nagasawa.
Chen Fa's body has a unique temperament that is not like an ordinary Chinese woman in this era, and it is rare to be cheerful and optimistic.
Speaking of which, Japanese students?
Fang Jiange's assistant?
Would Fang Jiange ask someone to be his assistant?
Hu Wenhai suddenly had a sense of urgency, I am afraid that the origin of this woman is a bit interesting.
"Let's go in and talk. ”
Hu Wenhai took the lead and walked into the door of the Shiomi Hotel.
As a budget hotel, the lobby of the Hotel is quite ordinary.
Behind the service desk in the center are clocks from New York, London and Tokyo, and the overall black and white plain decoration is a bit Bauhausian.
Speaking of which, at least in terms of design, the Japanese do a very good job.
Probably Japan is the best to learn from Germany, and even learned a lot about being beaten in World War II.
As the ancestor of modern design, the Bauhaus style is very popular in Japan.
Coupled with the style of the Japanese snail shell as a dojo, industrial design, architectural design, product design, many design products have to be said to be very impressive.
The same is true in ship design, in fact, this time to organize an inspection mission to Mitsubishi Heavy Industries, Hu Wenhai decided to acquire a key point, on the purchase of ship design.
China currently has the design capacity of 10,000 to 30,000 tons of bulk carriers, and the demand for ships in this class will shrink sharply by the nineties, and eventually be eliminated from the market.
In order to be able to replace South Korea and Japan in the 80s and undertake the transfer of the international shipbuilding industry, it is necessary to have the technical ability to build higher tonnage ships, as well as the ability to design ships independently.
This is consistent with Hu Wenhai's long-standing business development ideas for heavy industry, and ST will not invest too much energy in heavy industry in the future, because it is destined to be the home of state-owned enterprises and central enterprises.
But on the other hand.
ST can stand upstream of heavy industry enterprises, providing advanced technology and design services.
To put it simply, it is the dirty work of state-owned enterprises to do, and Xinke earns a "technical service fee"
All right.
"Mr. Hu, Mr. Hu?"
Fang Jiange called a few times beside him, and only then did he call Hu Wenhai's attention back.
"Hehe, I'm sorry. I was distracted just now. ”
Hu Wenhai withdrew his gaze from a large number of hotels and smiled.
said: "Manager Fang arranged it very well, I am very satisfied. The work in Japan is very important, so I can rest assured that I will entrust it to you. ”
Fang Jiange unconsciously straightened his chest, obviously Hu Wenhai's recognition made him very excited.
When the Chinese bidding group arrives, it is natural that the hotel staff will arrange a reception.
For a while, Chinese English and Japanese English were intertwined in the hall, and Hu Wenhai paused for a while, and couldn't help but admire the fact that the two sides were able to achieve quite effective communication.
Seeing that the organizational work was progressing in an orderly manner, Hu Wenhai was not in a hurry to come forward.
Anyway, Director Sun seems to be much stronger than him in this regard.
He pulled Fang Jiange, pointed to the sofa in the lobby, invited him and Chen Fa to sit down, and then asked: "How is Manager Fang's work in Japan, is there any inconvenience? I am also a little busy during this time, I don't care too much about your work, you can achieve remarkable results." It can be said to be quite remarkable. If you have any requests, just say it, and I will do my best to help you do it. ”
"Nothing. ”
Fang Jiange spread his hands and smiled helplessly: "It's just that I don't quite adapt to Japan's prices, since the Plaza Agreement, Japan's economy has obviously had a growth trend." There is no way to compare prices with those in China. I have to convert it into RMB every day, which is really distressing. ”
Hu Wenhai laughed when he heard this, waved his hand and said: "The value of Manager Fang's creation is certainly worthy of a better life. In this case, I promise you that you will be paid one thousandth of the profit in the foreign exchange market. Well, you can afford to eat in Japan this time, right?"
Fang Jiange's eyes opened slightly, and he secretly swallowed his saliva.
One thousandth of a profit, you know.
The scale of the funds he handles is in the unit of 100 million US dollars.
Even if it's one in a thousand, no matter how poor the pig is, I haven't seen a thin man!
"Mr. Hu, this money is too much, I ......"
"Needless to say, this is what you should be. ”
Hu Wenhai's words are unmistakably affirmative: "In the next few years, I am afraid that you will spend much more time in Japan than in China." ST is the image of the company abroad, and I hope that you can represent the company more glamorously, so that the Japanese will have a better look. ”
Listening to Hu Wenhai's seriousness, Fang Jiange nodded happily and apprehensively.
In the final analysis, isn't it the biggest dream of all men to get a promotion and a salary increase to the pinnacle of life?
Thinking that it was right in front of him, Fang Jiange really didn't have the courage to refuse.
"Tell me about your work during this time, how are the funds currently being handled?"
"Yes. ”
Speaking of work, Fang Jiange's expression instantly became stern: "That's how I operated, I flew from the United States to Japan last month, that is, on September 10. The relationship with Tsuguò Sony contacted Mitsui's Sakura Bank, and Nobuyuki Idei personally took me to the headquarters of Sakura Bank and met with their Owada manager. Sakura Bank agreed to provide $300 million in 20 times financial leverage on the Japanese foreign exchange market until the end of this year. ”
Speaking of this, Fang Jiange suddenly paused, thought for a moment and then said, "When the account is opened, the time is September 15th. With a week to go before the signing date of the Plaza Agreement on September 22, which was instructed by Mr. Hu, I thought about it and made another request to Sakura Bank to reduce the financial leverage ratio of the sub-account. Specifically, the $300 million is set at three levels, namely $100 million with 20 times leverage, $100 million with 10 times leverage, and $100 million with 5 times leverage......"
Hu Wenhai couldn't help nodding his head when he heard this, and couldn't help but praise it: "Yes, you did a great job!"
He couldn't help but wonder if he could make such an investment allocation so rationally if he was in Fang Jiange's perspective.
Obviously, it will be difficult for the foreign exchange market to have any more opportunities to go long the yen after September 22.
Even investors who don't think the Plaza Accord will have an effect will hold on for the time being rather than just leave the market.
In other words, Fang Jiange must complete the opening of a long position in the yen before the 22nd.
In a week's time, if you do it completely in accordance with the financial leverage given by Sakura Bank, under the amplification of 20 times leverage, as long as there is a 5 volt in the foreign exchange market, the 300 million US dollars will be all lost.
Of course, the so-called "$300 million" at this time
It's already because I want to be long yen.,All the huàn into Japanese dollars.。
At the exchange rate of 1 dollar to 250 yen, this is a huge sum of 75 billion yen!
If you think of an order of magnitude of yen multiplied by 20 times the financial leverage, that is, 1.5 trillion yen, which is 15 percent of Sakura Bank's total deposits that year!
It's hard to say that such a temptation won't tempt Mitsui Sakura Bank.
Even if the market does not have this market, it is difficult to guarantee that Sakura Bank will not simply artificially create a market on its own.
Anyway, it doesn't need a long-lasting big market, as long as there is a 5-strong fluctuation, Hu Wenhai's $300 million will become a string of zeros without other numbers.
Setting up three levels of leverage makes it difficult for Sakura Bank to start.
If it were to eat up all $300 million, it would mean that Sakura Bank would have to create a 20-market fluctuation - which would not have been possible unless the trading system failed.
If it fluctuates by 5%, then at most it will eat up to 100 million dollars of chips in Fang Jiange's hands, which is really more than worth the loss.
After all, to operate the market, Sakura Bank itself also has a certain cost pressure.
In this way, even if Sakura Bank really hands on Fang Jian, it will leave him at least one-third of the chips, and when the market comes on the 22nd, he can at least save the capital.
Fang Jiange was not shocked on the surface, but the light in his eyes flashed: "Well, by the 18th, I have received enough chips. At this time, I applied to upgrade the $100 million with 5x leverage to 20x leverage, and on the 20th, I upgraded from 10x 100 million to 20x leverage. At this time, Sakura Bank no longer dared to attack me. ”
Hu Wenhai nodded knowingly, knowing the reason why he could operate with confidence at this time.
To put it bluntly, it is certainly not a secret that Japanese Finance Minister Noboru Takeshita wants to sign the Plaza Agreement.
And the appreciation of the yen is the market trend that major banks can predict.
In order for Sakura Bank to operate the market, it needs to mobilize funds and make all kinds of preparations.
To put it simply, if it wants to swallow the $500 million of the Sword Pavilion long yen, it must short a large amount of yen in a short period of time.
It takes time to raise funds and prepare for action.
On the one hand, the Plaza Agreement is getting closer and closer, and Sakura Bank may be too late to make up its mind to act, not to mention a large number of short sales on Thursday and Friday before Monday on the 22nd...... As soon as the Plaza Agreement was announced on the 22nd, hehe, I'm afraid it won't be a tragedy that can be described by lifting a stone and shooting yourself in the foot.
Regardless of whether Sakura Bank had any intention of hacking the money, Fang Jiange's approach was obviously the wisest choice.
At this point, Hu Wenhai was finally relieved that he really had no one to entrust.
Fang Jiange should be a reassuring agent in terms of finance.
As for the one-thousandth reward, Hu Wenhai felt that it was too worth it.
Such a talent is enough to become a sharp sword in finance in his future!
(To be continued.)
PS: It's late, hehe, but it's a change, right...... This book is from/book/html/33/33003/