Chapter 120: Supplementary Free Chapter

in the trading department.

Fang Zhongyuan is directing the traders to operate the market.

The market is in line with expectations.

Under the super negative situation of the Bank of Thailand's sharp increase in deposit and loan interest rates, the securities market jumped sharply downward as soon as it opened.

Even if it opens more than 10% lower, it still can't stop the market from continuing to decline.

Therefore, the liquidation of the short selling contract held by Jushi Asset Management was very smooth.

It is the closing of the short contract.

Previously, Fang Zhongyuan and Robert had also wondered about this question.

Why, in the midst of the inevitable fall in the super bearish market, the above gave instructions to close the position.

But then the two understood why.

With the current position size held by Jushi Asset Management, only a wide range of short selling can buy SET at a low price to hedge and close the position.

Under this super bearish situation of the Bank of Thailand, there is bound to be a large number of selling orders in the market.

In this case, Jushi Asset Management was able to buy a sufficient amount of contracts during the huge sell-off.

Otherwise, with the position size of Jushi Asset Management, it would have been difficult to get out smoothly in the previous market.

The most important thing is that the company's big strategic goal has never been the baht.

"279 points, buy 5,000 lots of SET500..."

"289 points, buy 3,000 lots of SET100..."

Only close positions, do not open positions.

At the close of trading in the morning, the Thailand Composite Index traded 150,000 contracts.

Hong Kong, Jushi Capital Headquarters.

Zhao Jiangchuan sat in the office seriously.

Opposite him is Zhang Xiaolei, the administrative director of Standard Chartered.

Zhang Xiaolei's face was fearful and nervous.

She looked at Zhao Jiangchuan's eyes, as if she was looking at a devil in human skin.

It's not that Zhao Jiangchuan has any unruly behavior.

Since Zhao Jiangchuan wantonly probed his hand to Zhang Xiaolei's most secret inner thigh a long time ago, and later, Zhao Jiangchuan did not have any transgression towards Zhang Xiaolei.

But Zhang Xiaolei's fear of Zhao Jiangchuan was more serious than then.

Even though the two are now separated by a meter of distance, Zhang Xiaolei still has an urge to escape.

Because, Zhao Jiangchuan threw Zhang Xiaolei a product design plan.

It was that plan that made Zhang Xiaolei feel that the man in front of her was simply a devil.

This is a wealth management product peddled in the name of a bank.

Since the Fed cut interest rates, the Hong Kong Monetary Authority has followed suit with another rate cut.

At present, the interest rate implemented in Hong Kong has dropped to 2.8% per annum.

If investors buy this wealth management product issued by the bank, they can achieve an annualized rate of return of 13%.

If you compare it with this rate of return, it is a financial product with great investment value.

The name is also very nice.

Xinglong No. 1.

The funds from the purchase of wealth management will be used to invest in emerging market countries around the world.

Including the BRIC countries.

Investors' returns will be paid on an annual basis.

If the redemption is made in the middle, a handling fee of 2% will be deducted.

But this is not something that scares Zhang Xiaolei.

The real reason is.

In the face of the yield of 13 percent, there is a very vague hint.

If it can be summed up in one sentence.

It can be explained as, theoretically, the highest return.

At the bottom, there are separate legal documents.

The same can be summed up in one sentence.

In line with the principle of voluntary purchase by the customer, the risk is borne by the customer.

It is precisely because of this that Zhang Xiaolei only feels that this guy in front of her is simply a devil in human skin.

She already has a rough idea of what kind of financial product this is.

The most pitiful thing is that the perfection of this product requires her, the administrative director, to improve all the rules.

Zhang Xiaolei held the initial design plan in her hand and secretly clenched her fists.

After a long time, she finally mustered up the courage to speak.

"Boss, is this going to be..."

Without waiting for Zhang Xiaolei to finish speaking, Zhao Jiangchuan, who was sitting on the sofa, spoke.

"Too pit?"

“...”

Zhang Xiaolei didn't say anything, and she acquiesced to Zhao Jiangchuan's statement.

Zhao Jiangchuan didn't mind, he got up and took a step and sat next to Zhang Xiaolei.

This sudden action frightened Zhang Xiaolei involuntarily trembling.

Under Zhao Jiangchuan's long-term wanton obscenity, Zhang Xiaolei has been afraid of this capitalist to the core.

It's okay.

This time Zhao Jiangchuan was very honest, and that cheap hand didn't make any bad moves.

Zhang Xiaolei's heart was able to settle in her stomach.

However, before Zhang Xiaolei's heart returned to the original place, she was almost frightened out of her throat again.

"Xiaolei, you know, I've never been interested in the airport, but in fact, the airport is still saved, do you want me to help you treat it?"

Threat.

Naked threats.

How the airport can be treated, and how to be a woman does not know.

So Zhang Xiaolei hurriedly said.

"No, no, I'll do it. ”

"Good. Hope you can please me. ”

Zhang Xiaolei didn't dare to stay here anymore, she got up in a panic and kept a safe distance from Zhao Jiangchuan.

It wasn't until a certain safety range was confirmed that he spoke.

"That's... Then I'll go back first. ”

After speaking, Zhang Xiaolei didn't wait for Zhao Jiangchuan to answer, turned around and ran away.

That nervous look made Zhao Jiangchuan almost laugh.

"Hey, you forgot to take the design plan. ”

Zhang Xiaolei, who had already walked to the door of the office, was suddenly stunned.

After finding that the design was still on the table before, he quickly turned around and ran again.

She didn't dare to look at Zhao Jiangchuan's eyes, grabbed the design plan on the table, turned her head and ran away without saying a word.

"Ahh

Outside, Zhang Xiaolei suddenly screamed as soon as she went out.

Nine times out of ten, it's because I'm too flustered, and my heels twist my foot.

Zhao Jiangchuan looked innocent.

He really wanted to ask Zhang Xiaolei, am I so terrible?

"Bell bell bell..."

The phone in the office rang.

Zhao Jiangchuan glanced at the number and pressed the speakerphone.

"Good afternoon, boss. As you ordered, we closed 50,000 lots in the morning. ”

50,000 hands.

According to the margin of Thailand's SET, it is $250 million.

It's a drop in the bucket.

However, Zhao Jiangchuan also knows that the Thai side has done its best.

Based on the liquidity of the Thai market, the maximum transaction in a day hovers around 300,000 contracts.

If it weren't for the Bank of Thailand's desperate efforts, it would have been a dream to close 50,000 contracts in one morning.

After thinking about it for a few seconds, Zhao Jiangchuan spoke.

"It was originally planned to be executed. ”

After hanging up the phone, Zhao Jiangchuan earnestly prayed for Thailand and the Thai people in his heart.

Because in his memory, the Thai stock market later fell to about 200 points, so that the Thai market could not return to its peak in 1798 two decades later.

But that's the same trajectory.

Now with the participation of Jushi Asset Management, the devil knows how far the Thai stock market will fall.

I hope the Buddha will bless you not to be too miserable this time.

Forehead rice tofu.

。 m.