Chapter 649: From Home to Abroad
The patent dispute between the Tejas mobile phone and Apple did not cause much trouble in the Celestial Empire.
On the one hand, the iPhone is now only sold in the United States, and most of the people of the Celestial Empire do not know that such a mobile phone exists.
On the other hand, the patent awareness of the people of the Celestial Empire is still relatively weak, far less strong than ten years later, and the attention to patent dispute cases is also limited.
In addition, Guanghui mobile phone and Apple are preparing for a protracted war, so naturally they will not rush too hard and toss slowly.
Anyway, no one is short of the money from the lawsuit. After the quarrel, they went home, each looking for their own mother, what to do, and the rest was a protracted mutual P between the legal departments of the two companies.
……
The west is not bright and the east is bright, just when Guanghui mobile phone and Apple are slowly tearing up, Guanghui Investment and Finance Department ushered in a bumper harvest.
Jiang Hui's first investment in the Celestial Empire's stock market in the Ministry of Finance has now become more than 20 billion yuan.
If such a large share of capital is to continue to be tossed in China, it is really likely to become a shareholder after speculation.
Considering that the stock market of the Celestial Empire experienced a sharp rise in 2006 and ushered in a wild rise in the first half of 2007, in Jiang Hui's view, it is no longer a good investment project.
Although it has not yet reached the top, one cannot expect anything good to fall on one's head.
Not to mention that Jiang Hui doesn't know the exact direction of the stock market, but only knows a general trend, and there is no way to wait until the highest point to sell.
Even if he knew when he would reach the high point, Jiang Hui asked if he planned to make a move at that time.
At the level of funds invested by Guanghui, if you really make a move at the highest point, it will not be Zhengda money, but a crash.
Ben has come to a high point and is about to go down, plus the tens of billions of Guanghui investment will be a complete avalanche.
At that time, not to mention how much money Korn Glory Investment would lose, money was no longer the most important thing, but the important thing was that some institutions and people might label Korn Ferry Investment as a disruptive financial order.
Don't think that this kind of thing will not happen, when the economic and financial crisis suddenly comes, when a bunch of enterprises go bankrupt, when many people lose their jobs, when stocks fall again and again, it will kill people to disrupt the financial order.
Jiang Hui could not be clearer about how far-reaching and extensive the impact of next year's economic and financial crisis will be.
Because it is clear, Jiang Hui does not want to let Glorious Investment be caught by someone at all.
It is better to take advantage of the fact that the stock market has not yet peaked, the crisis has not yet broken out, and even many people in China do not realize that there will be a crisis.
"Mr. Jiang, I don't think this round of rise has peaked yet, is it really all emptied?", Guan Weidong said.
"Empty it, it's turned over several times, and we're almost the same amount of money, so we'll take it when we see it."
"With so much money in our books, should we invest something more? Otherwise, the interest on the bank will not be able to keep up with inflation."
"No, just put the bank in case the group can call it at any time. In the coming year, I don't plan to let the Ministry of Finance toss around in the domestic financial market anymore."
"Mr. Jiang, did you hear any rumors?"
"There's nothing to talk about, I just think this wave of rising is too crazy, the stock price has deviated from its value, and the risk of continuing to play is too high."
Jiang Hui would definitely not tell Guan Weidong that the economic and financial crisis was coming, so he cleared the scene in advance.
"Then the investment in international oil futures will also be emptied?".
"No, just empty domestic investment, oil futures I think we can wait a little longer, there is still a lot of space."
"The price of crude oil has doubled from two or three hundred dollars in previous years, can it rise again?
"In recent years, the economic development of the whole world has been very fast, and the forecast of oil demand in the market is bullish, coupled with the rapid increase in China's demand for oil, I think that in a short period of time, crude oil prices will continue to rise."
In fact, strictly speaking, Jiang Hui's statement cannot stand up to scrutiny. However, no matter what the theory is, as long as it "happens" to coincide with the facts, it is correct.
"We have invested more than $6 billion in oil futures, and after increasing leverage by 50 times, the funds in the warp are as high as more than $300 billion.
"Our average leverage ratio in the first half of the year is about 30 times, just maintain this level, but we can spread our funds across several oil futures exchanges around the world, not all in one place."
After the 1973 oil crisis, the monopoly of oil prices by multinational oil companies basically collapsed, and oil became the most volatile commodity in the world. In order to strive for a favorable situation in the setting of international oil prices, many countries have established oil futures markets.
After long-term development, the oil futures markets of the United States, the United Kingdom and island countries have formed a huge scale, with many trading varieties and perfect market functions.
Previously, Korn Ferry's oil futures were mainly traded on the New York Mercantile Exchange.
The New York Mercantile Exchange is currently the world's largest commodity futures exchange, with a history of 132 years.
In 1982, the New York Stock Exchange launched the world's first crude oil futures contract, the Light Crude Oil Futures Contract.
Because it is based on the famous West Texas Intermediate crude oil in the United States as the main trading subject, it is called the West Texas Intermediate crude oil contract.
The price of oil futures on the New York Stock Exchange is one of the most important pricing benchmarks for global oil prices, but even so, Jiang Hui does not want Korn Ferry Investment to invest all its money here, which is too eye-catching.
The international financial market has always been the reserved ground of the consortium of developed countries in Europe and the United States, and it may be nothing for an outsider to enter the pie and carry it out in a low-key manner.
If it is too high-profile, it is inevitable that it will not be blackened, and it will be a big loss.
Oil futures are a game of high leverage, and if you accidentally play liquidation, it will be really a loss.
The funds invested by Guanghui overseas are intended to be used by Jiang Hui to buy, buy, buy.
When the time comes, the project is negotiated, and the money can't be paid, so it's a big mess!
"Okay, then Mr. Jiang, we will transfer some of the funds to the exchanges in the United Kingdom and island countries and disperse them into multiple accounts."
"Well, you have to arrange the specific details, in the remaining half of 2007, I think oil futures still have a lot to do."
After this wave of stock speculation and futures speculation, Jiang Hui is ready to stay in the Internet and industrial circles for a while.
In the financial industry, money comes too quickly, and it's easy to lose yourself.
Once reborn, Jiang Hui must be the master of wealth, not a slave of money!
(End of chapter)