Chapter 22 VAM with Standard Chartered

On the women's side.

Zhao Jiangchuan has always been very honest.

He said that he was not sexually interested in the women at the airport, that is, he was really sexually interested.

However, this does not mean that Zhao Jiangchuan is not interested in Zhang Xiaolei.

When he remembered who Zhang Xiaolei was, Zhao Jiangchuan became very interested in Zhang Xiaolei.

Zhang Xiaolei.

Chief Executive Officer of Standard Chartered Bank Huaguo.

Of course, this is after twenty years.

But that's what Zhao Jiangchuan is interested in.

A Chinese, a woman.

It is not so easy to work in any industry or company internationally.

Everyone is equal, and equality between men and women has always been a joke.

Under racial discrimination and sexism, it is much more difficult for women to get ahead in foreign-funded enterprises than others.

But Zhang Xiaolei did it.

Twenty years later, Zhang Xiaolei, who was born in mainland China, became the chief executive officer of Standard Chartered China.

This level of position is simply not attainable by nepotism.

Without super work ability, no one would put a woman in the CEO of a region.

This is exactly what Zhao Jiangchuan is interested in.

The current Zhang Xiaolei has just entered Standard Chartered.

status, obviously very low.

Through clues, Zhao Jiangchuan had already guessed why George King arranged for Zhang Xiaolei to come over to receive him.

In order to maintain a good relationship in business, send an inconsequential woman to maintain a friendly relationship between the two parties.

This kind of thing, how could Zhao Jiangchuan not understand.

George King, are you giving me a great gift package?

Zhao Jiangchuan thought to himself.

He observed Zhang Xiaolei with great interest, thinking about how to take this woman for his own use.

Since Zhang Xiaolei can be the CEO of Standard Chartered China in the future.

After his hands were carefully carved, it may not be able to hold up a larger piece of the world.

For example, let Zhang Xiaolei be in charge of the global Standard Chartered.

"Bang bang..."

When Zhao Jiangchuan was sipping coffee and thinking about how to deal with Zhang Xiaolei, George King opened the door 'belatedly'.

George King was polite and apologized as soon as he walked through the door.

"Zhao, I'm sorry to keep you waiting. ”

"How come, with a beautiful woman like Miss Zhang as a companion, I still hope you will come back at the party. ”

"Listening to your tone, I'm very satisfied with Miss Zhang. ”

Since George King arrived, Zhang Xiaolei's face has become very bad.

She didn't complete the task given to her by George King.

There is no need for Zhao Jiangchuan to say too much, as long as Zhao Jiangchuan shows a little dissatisfaction with Zhang Xiaolei, it is enough to send Zhang Xiaolei into the abyss of no return.

Zhang Xiaolei knows too well what the value of a customer like Zhao Jiangchuan means to a bank.

Her face turned pale.

There are grievances, regrets, and more worries.

Zhang Xiaolei looked at Zhao Jiangchuan nervously.

There is helplessness and pleading in his eyes.

Zhao Jiangchuan glanced at Zhang Xiaolei, who was cramped and uneasy.

Then, he smiled.

The current Zhang Xiaolei is much different from the Zhang Xiaolei who was generous at the global financial summit.

George Jin Yuluo, Zhao Jiangchuan continued.

"Satisfied, satisfied, George, you have a heart. ”

"Haha....."

"Haha......"

After hearing that Zhao Jiangchuan was satisfied, George King threw him a look that only a man could understand.

Then, the two laughed together.

"George, thank you for that last time. ”

"Zhao, we're friends, aren't we? ”

"Yes. ”

"Friends, do you think you need to be so polite? ”

"Haha, George, you know a lot about Chinese culture, since you say so, I won't be polite to you. ”

"Of course, you are my most honored guest, and you need no need to be polite. ”

“……”

What the two talked about was naturally what happened last time in the Kowloon Branch.

In Hong Kong, the media wields a lot of power.

Once many shady things are caught by the media and exposed under the sun, the government will be forced to deal with them fairly under the pressure of public opinion.

That's why Zhang Jiarong thought of shaking out the injustice he suffered through the media.

As long as it is reported by the media, the government will inevitably help him out.

But Zhang Jiarong never thought that it was his action that sent him to hell.

Media outlets.

As the name suggests, the media is also a for-profit organization.

Under money, there is never something that cannot be done.

As a full-service financial institution, Standard Chartered is also one of the banks issuing Hong Kong dollars.

It is inevitable that there will be covert control of multiple media outlets.

Zhao Jiangchuan is also not a fuel-efficient lamp.

In China, he knew that he was secretly buying the media to promote public opinion, and immediately after arriving in Hong Kong, he took control of two newspaper companies.

It also reached a shareholding agreement with Murdoch Newspaper Company, and invested part of the shares of Hong Kong Murdoch Media for 30 million US dollars.

Not long after Zhang Jiarong threw the revelation to the media outlets, George Kim and Zhao Jiangchuan received the news almost at the same time.

Two-dimensional beings cannot see the truth of the three-dimensional world.

After Zhang Jiarong made his choice, the result was already doomed.

It's just that he didn't understand in the end why his usual normal insults suddenly turned into racism.

The only thing that came to his mind was that maybe the continent was no longer the one it used to be.

After some casual chat, Zhao Jiangchuan talked about the topic of this meeting with George King.

"..... George, I want to short real estate in the whole of Southeast Asia. ”

"Poof...."

Shorting the whole of Southeast Asian real estate?

Oh buy ga.

After listening to Zhao Jiangchuan's purpose, George King couldn't hold back for a while, and the tea he was drinking almost sprayed on Zhao Jiangchuan.

Are you kidding.

As the head of Asia for a financial institution, George King understands the Asian economy in recent years.

Due to the economic recession in Europe and the United States, global capital is flocking to Asian countries.

Southeast Asian countries, in particular, are experiencing rapid economic development thanks to the injection of capital.

The four countries, led by Thailand, the Philippines, Malaysia and Indonesia, have a tendency to catch up with developed regions such as Hong Kong and Singapore.

The 'Four Little Tigers' and the 'Four Little Dragons' go hand in hand.

Anyone who understands economics can see the opportunities involved.

Take Thailand, for example.

With the injection of capital, Thailand's economy has been booming after more than ten years of development.

Whether it is the stock market, the exchange rate or the real estate industry, it is in an upward cycle.

This is an economic law that cannot be violated.

As a banker, George King knows the horrors of this economic law.

It's like the United States.

After 1929.

Both the U.S. stock market and the real estate industry have been rising for 67 consecutive years.

In those 67 years, no matter how sluggish the U.S. economy was, its real estate and stock markets never really fell.

The same is true in Hong Kong and other countries.

Since 1949, Hong Kong's economy has been soaring.

The price of real estate has also continued to rise.

The reason is clear to George King.

Since the advent of money, mankind has established countless monetary systems.

From the early gold standard, the silver standard to the silver standard, and then to today's credit standard.

But no matter what kind of currency issuance system is, it will not be able to avoid the eventual collapse.

The reason is that human society is a pyramid structure.

In this form, no matter what the monetary system is, it will inevitably face the day of collapse.

Human selfishness and greed drive the progress of society.

With the purchasing power of money, countless people are allowed to create value for this society.

But everyone's abilities are different after all.

Some are smart, some are hardworking, some are stupid, and some are lazy.

For a number of reasons, the size of the currency issuance will only grow larger and larger, to the point that it will naturally collapse.

Because if you don't increase the amount of money issued, then a fixed amount of money will make some of them destitute.

Just as a hundred dollars are allocated to a hundred people, if the monetary aggregate is not expanded, then the final result must be that eighty of them will be penniless.

However, this result is not conducive to the stable development of society.

As a result, the currency can only be over-issued when it is needed.

Only by ensuring that the lowest part of the population can live normally, they can create greater value.

Based on this economic and political principle, the issuance of money will only increase, and the symbol of money will only increase.

So, in theory, prices are only going to rise.

As for the fall.

It's not impossible, but the probability is very small.

In terms of data and economic theory, the rise can be unlimited, but the decline is limited.

Even the eventual collapse of Japan's real estate market came to its limit after decades of continuous growth after the war.

Based on this logic.

A large part of Standard Chartered's wealth management products in Asia are invested in the financial and real estate industries of Southeast Asian countries.

If it weren't for the opportunity, how would Standard Chartered do this?

The current economies of Southeast Asian countries are like a fledgling bull market that is on the rise.

People have good incomes, they are more willing to take out loans to buy houses, and house prices are rising.

The economic cycle of the real estate industry is decades or even hundreds of years.

The form is very good, how can it be said that it will fall.

George King looked at Zhao Jiangchuan like a fool.

After making sure that Zhao Jiangchuan was not joking, George King shrugged his shoulders and said helplessly.

"There are no index contracts or options for real estate, so how do you want to sell short. ”

"I'm going to ask your bank to tailor a financial contract for me, and then use the contract to short. ”

"What good advice do you have. ”

"For example, take the current price of real estate in the capital of Southeast Asian countries as the subject matter to make a comprehensive housing price index, and then based on this index, your bank will create a standardized financial contract for me. ”

George Kim understood what Zhao Jiangchuan meant.

This is a VAM agreement.

It can also be referred to as a credit default swap.

It is a type of insurance.

Through this insurance contract, there is no need for a VAM agreement associated with the physical object, so that the transaction quantity of the buyer and the seller can be multiplied indefinitely from the physical quantity.

"Zhao, with all due respect, this is really a very stupid investment. ”

。 m.