Chapter 42: Informal Private Placements (2)

Li Heng nodded and he understood, but he didn't say anything, that attitude was not completely accepted.

In his opinion, it is okay to take 20% of the profit, and it is okay for the fund manager not to bear the loss of money, but the feeling of receiving a management fee in addition to the commission after the profit is more complicated. For example, when buying a house, the difference between the mortgage and the one-time full payment discount itself contains a different degree of convenience, but not only do you have different discounts, but you also have to charge an additional handling fee when applying for a loan, which is a bit unpleasant.

Chang Tianhao knew that he was struggling with the 2% management fee, and after thinking about it, he smiled and said: "Senior brother just said, other details will not be verbose, how about I propose a compromise plan for the management fee?"

"Please. ”

"The management fee has been cancelled this time, but Mr. Li wants to give me a preferential condition. Chang Tianhao said, "I just mentioned that 680,000 floor king I want to take a look, if you finally like to buy, please give me a 20% discount, if I don't fancy it, or don't see it within 3 months, how about the discount will be automatically invalidated?"

The overall assets of 5 million, the management fee is charged at 2 points is 100,000, and Li Heng, who contributed 3.5 million, needs to pay 70,000, such as Chang Tianhao buys this set of property kings at a preferential price, with a 20% discount of 136,000, which is nearly double that of 70,000 on the surface, but the meaning is different for Li Heng: the former plan he netted out 70,000, and the latter plan not only sells the house to return the funds, but also earns 20% off, and the overall trade-off is beneficial to him - there are very few customers who can buy this house, and it is not easy to get rid of it, just to be a favor.

Taking a step back, if an upstart like Chang Tianhao buys the company's house, isn't it a good publicity stunt?

After figuring it out, he immediately agreed: "Hahaha, refreshing! A word is a certainty! No matter which set Mr. Chang likes, as long as you buy it, it will be 20% off; all other customers introduced by Mr. Chang, whether it is a mortgage or a one-time payment, will be 9% off the original price." ”

Gao Yang and Brother Chao were also busy agreeing to this adjustment: 2% of the management fee fell on their heads, and each person would have to pay 10,000 yuan, so that after the adjustment, it would be all borne by Li Heng, and no one's money would be blown by the wind, of course they were satisfied.

Brother Chao secretly gave a thumbs up: Chang Tianhao is not very old, and his deeds are indeed not bad.

How did he know that under the young face was a 40-year-old soul?

After talking for about an hour, all the details were determined and signed, Gao Yang said that he would open the account before the opening of the market in the afternoon, and pretended to read out the "Risk Notice", which was interrupted by Li Heng with a smile, and the latter said that the funds would be in place in the afternoon - the efficiency of engaging in real estate is very high, as for the 500,000 yuan that Chang Tianhao personally subscribed, Gao Yang used the Friday settlement money to enter the account, and he didn't have to run it himself.

What does it mean that Chang Tianhao, who is about to go to Shanghai to study, suddenly buys a house in Qiantang City?

Of course, it's not that simple.

He thought of the three logics of this house in just a few moments:

Although the west of the city is far away from the city, it is much more convenient than going back and forth to the suburbs on the other side of the river every day, and more importantly, it is not bound by his parents, and it is convenient for officials to meet guests.

Second, this is an important stronghold, with Li Heng's energy and communication methods in the circle, as long as he is sure that there are benefits, he will inevitably recommend customers to Chang Tianhao, and it will be much more convenient for others to come to the door to ask for help, so that he will have a second intermediary point in the investment circle in addition to Gao Yang, which is a very important step;

Third, the house is an important form of assets, he can't always show the account or passbook numbers to others, the only thing that can prove the strength to the outside world is the real estate, the bigger the house is more luxurious, the more it proves the strength, the investor can't always invest money in the poor who can't even afford the house, right?

As for value preservation and appreciation, that is really the last factor to be considered.

This idea coincides with Li Heng, as long as Chang Tianhao really has the ability, he will add the advertising slogan "living next to the investment upstart" in the house sales advertisement, why do real estate companies often send houses to celebrities, even if they don't come to live at all, for the advertising effect - the perception of passers-by living in this community and Liu Xiaoqing living in this community is completely different!

Near the end of the day, Gao Yang came over to remind that the 8 million Hong Kong dollar account had been opened and could be traded, only to find that Chang Tianhao and Brother Chao were staring at the screen motionless, with solemn faces, deaf to his words.

Looking up again, Gao Yang himself was also surprised: the Hang Seng Index on the disk was pouring down, 7500 points had already broken through, and from the perspective of the time line, it seems that 7400 points may not be able to be saved!

He couldn't help muttering: "Why did you fall so badly? I touched 7960 at the highest yesterday......

Today is the fifth day of the Hong Kong government's entry into the market, and hedge funds and international speculators are extremely unwilling to lose in the previous days.

Throughout the day, international speculators were smashing the market: smashing blue chips, smashing Hang Seng Futures, and forcing the Hong Kong government to take over.

At 3:55, 5 minutes before the market closed, the representative of the hedge fund sold more than 3,000 short-selling contracts of futures with lightning speed.

Due to today's decline, the brokerage hired by the Hong Kong government consumed a huge amount of positions in the morning and afternoon, and there were only about 300 funds in hand and the purchase amount left near the closing. The price of the 1st and 2nd gears that usually retreated was smashed down more than a dozen gears in an instant.

Brother Chao shouted: "This is a 327 national debt method, and Hong Kong also has a Guan Jinsheng?"

In the 327 treasury bond incident, eight minutes before the close of the day, Guan Jinsheng, in order to avoid huge losses, sold treasury bond futures in a large overdraft, and under the premise of insufficient margin, he used a huge sell order of 7.3 million to blow up all the bulls that opened that day, and this sell order alone was worth 146 billion yuan - 146 billion yuan in 1995!

Of course, what he did was in violation of the law, but he was able to throw a short order under the premise that the credit limit was not enough, which in itself shows that there are loopholes in the market trading rules, and you shouldn't let him open a position without margin!

So no one in this incident is innocent. The reason why he was dealt with was that he was not hard enough in the background.

Brother Chao still remembers this vividly, and when he witnessed this scene today, he reflexively shouted 327, and Gao Yang was also stunned - the scene was really familiar!

Chang Tianhao kept calm, and calculated quickly in his mind: more than 3,000 short orders are more than 1 billion Hong Kong dollars in trading volume, it is impossible to falsely report positions, but the volume is too large and no one answers, he thinks this is a good opportunity to start, it is a typical "gold pit", and more importantly, he knows that other scenes in the financial war in August have been staged, but the invalid transaction has not been staged.

So he decided to make a move!

yelled at Gao Yang: "Quick, hang up the account, I want to open a position!"

Gao Yang didn't react yet, he just logged into the system in a hurry, Chang Tianhao didn't even wait for him to leave from his position, he directly grabbed the keyboard and entered the instruction to buy 100 good positions at 7400 points, and then thought about it, gritted his teeth and changed the number from 100 directly to 150!

Before Gao Yang and Brother Chao could react, they directly pressed the enter key to confirm!

"Buy!"

"Senior brother!"

"Xiao Chang!"

The two exclaimed in unison:

"Are you crazy?"

"It's a flying knife!"

"Don't panic, there must be a problem here, whether you can get a vote depends on this ......"

His statement was extremely accurate, and there was indeed a problem in the Hong Kong Futures Exchange: in the face of the pouring of snowflakes, the four major Hong Kong government brokerages panicked for a while.

After a few days of fighting, everyone has figured out each other's situation: The brokerage firms representing hedge funds going out of the market are mainly eight foreign-funded banks, known as the "eight predators"; the brokers representing the Hong Kong government are called the "four royal cats", and the two sides are almost playing their cards in the futures exchange.

In the face of such a large amount of selling and the lack of funds on the side, the representatives of the four royal cats out of the market have run to the counter on the sidelines to call for instructions to expand the credit, the answer is yes, but before and after only a dozen seconds, a number of foreign banks out of the market representatives will be surrounded by the trading circle, with people to mark, physical defense, unprovoked interception of the strategy makes it difficult for everyone to return to the trading field.

At that time, there was chaos in the field, more than 20 people gathered in a group, and a physical conflict almost broke out.

The four royal cats could only bid with all their might on the periphery, and wanted to buy 1,000 good positions at the price of 7,600 points, but the market ignored them at all, and the reason was very hidden:

First, he did not bid in the designated position, and it was okay if he was not accepted according to the rules;

Second, some staff members of the exchange had a grudge with foreign banks, deliberately turning a blind eye to the shouting price of the four royal cats, and it was said that the scene was chaotic and invisible......

This is the peculiar situation in the last few minutes under the pressure of the sky-high selling, the price has plummeted and there are few takes, not that no one wants it, but someone uses the primitive marking defense to suppress the scene and not let it buy.

But Chang Tianhao's 150 buy orders arrived at this time: Taihe Company neither belonged to the eight predators, nor did it belong to the four royal cats, and the representative of the market stood up calmly and gestured: "7400 points, 150 good positions!"

The trader could no longer turn a blind eye and shouted, "Deal!"

Anyway, the price of 7400 is low enough.

The eight predators were stunned, and the four royal cats were also stunned......