Chapter 719: Quality Customers

It finally snowed in Hanzhou. Pen ~ fun ~ pavilion www.biquge.info

It was originally expected to be a four-hour drive, but Liu Meijia drove for seven hours.

But when Fu Zhengyi took her hand and walked into the villa of the Pearl of the Canal, Liu Meijia couldn't help but let out an exclamation. "Oh my God! it's so beautiful......"

took Liu Meijia to the second floor, Fu Zhengyi wrapped his arms around her slender waist, rested his chin on her shoulder socket, and pointed to the turbulent canal outside the window. "The Beijing-Hangzhou Grand Canal passes through Hanzhou, so its world status was once comparable to that of London and Hong Kong, and its history can even be pushed back to more than 400 years B.C., with a ...... of people and elites."

Turning her face and pecking on his cheek, Liu Meijia sighed. "Yes, there is such a demon as you! I just don't know if I can live forever after eating your flesh?"

"Hungry?"

Seeing that Fu Zhengyi was smiling a little evilly, his eyes also fell on his lips, and Liu Meijia's face turned red as soon as his heart trembled, and he hurriedly broke free from his arms with a charming white look. "Don't be cranky!"

"Some people's favorite thing is to push others with themselves, and they are full of children, but they have to think that others think the same way, I just want to ask you if you are hungry, is this also a sin?"

Liu Meijia's face became more and more red. "You have a criminal record!"

With his hands spread out, Fu Zhengyi made a helpless expression. "Isn't it possible to allow people to change their ways?"

Just when he thought that he was thinking about something wrong and was uneasy, Fu Zhengyi picked up Liu Meijia's leg and hugged her in his arms and laughed. "Actually, I should be the hungriest person now, I should have been able to eat the meat in my mouth three hours ago, but I was delayed on the way, and said, "How can you compensate me?"

said so badly, Liu Meijia's neck was pink, and she shouted in shame. "Ahh......h

Half an hour later, Liu Meijia, who came out of the bathroom wearing Fu Zhengyi's shirt, saw that he was still lying on the bed, but she was ashamed. "I've never seen such a monkey in a hurry!"

"If you've ever seen someone who isn't in a hurry, then it's my turn to be in a hurry......"

Liu Meijia couldn't cry or laugh. "Can you be a little bit right? I'm surprised, why do I suffer every time I fight?"

"What? are you still going to fight? Come on, come on, I'm fine!"

was embarrassed by his lazy and scoundrel posture, and glanced at him hatefully, Liu Meijia said helplessly. "I'm going supper! I'm hungry......"

"I haven't fired it here, only instant noodles and ham sausages......"

Hearing the 'ham sausage' Liu Meijia's face turned red again, and she was just about to speak, but Fu Zhengyi sat up and said with a straight face. "Don't think about it!"

grabbed a pillow and smashed it, Liu Meijia, who was ashamed and annoyed, turned around and went downstairs, and when she entered the kitchen, she saw that there was really a box of instant noodles and two large bags of ham sausages, so she couldn't help but burst out laughing.

Fu Zhengyi, who came in wrapped in a blanket, waited for Liu Meijia to soak the noodles and deliver them to him, and laughed again when he saw that the ham sausages were all cut into thin slices.

Guessing what he was laughing at, Liu Meijia's face became more and more red, and she knocked on the edge of the bowl with chopsticks and said angrily. "Eat! Talking nonsense, I really ignore you......"

After eating supper, I sat in the living room, noticed that the snow was getting heavier and heavier outside, and Liu Meijia, who was lying in Fu Zhengyi's arms, stretched her waist and sighed. "It rarely snows in San Francisco, so it's a ......luxury to see the snow."

"The probability of snow in Hanzhou is lower than before, and when I was a child, there was still half a foot of ice on the walls of the school after the Spring Festival. Global warming is a major trend, and the heat island effect in southern cities makes it difficult for snow to fall to the ground, and the larger the city, the harder it is to see snow, but in the north, it is the opposite, and El Niño will cause the north to get colder and worse......

Liu Meijia was very surprised. "How do you know everything? Then let me ask you, what do you think of this presidential scandal?"

"What do you mean?"

"Wow, don't you know about the scandal of the President of the United States?"

Although he knew about the scandal that he was almost impeached and removed from office because of it, Fu Zhengyi immediately shook his head. "I don't care about that, where will I know......"

"Justice, the political situation over there still needs to be paid attention to, I attended a meeting a few years ago, and I heard that the U.S. government has launched an investigation into a large number of foreign holdings in American companies, and Bayside Securities has also been affected by long-term holdings, fortunately, it has been analyzing and researching technology stocks and Internet stocks companies, and there are research reports published by Wall Street every month, and the investigation agency just simply looked at the information and left, but there are two market makers in Nevada because they can't get detailed research information. He was also ordered to transfer or sell his technology and Internet shares within three weeks......"

"The operation plan of Bayside Securities was formulated a long time ago, and the independent research agency in Chicago has an analysis report every month, and if it is still troubled, then the US financial market will not be able to do ......."

Speaking of which, Fu Zhengyi realized that Liu Meijia seemed to be a little too excited and emotionally charged today, and the joy on her face was almost undisguised, so he pinched her chin and asked why?

"Ha! You have finally found out? Jiamei Bank has won the favor of a high-quality customer, and it is estimated that this year's profit will increase a lot!"

"Yo, that's a big deal! Tell me, what kind of high-quality customers?"

"It is an asset management company that has not been established for a long time, but the asset management scale has increased quite amazingly, they want to obtain long-term financing channels through Jiamei Bank, and promise to open an account in the Bay Side Securities, the framework agreement was officially signed yesterday, although the first loan of Jiamei Bank is only 300 million US dollars, but the interest rate spread is 10% higher than that of regular business, I really hope to have more capital reserves, for such customers to provide more funds......

Speaking of this, Liu Meijia raised her face and said. "Justice, at present, the capital of Jiamei Bank is not sufficient, but customers hope to be able to obtain higher leverage in the account set up by Bayside Securities, but I am not sure whether to take this opportunity to improve the reputation of Jiamei Bank and increase the profits of Bayside Securities, or whether it should continue to implement the established plan for absorbing technology stocks and Internet stocks to increase the profit ...... of proprietary trading."

"In fact, no matter what kind of customer it is, it is definitely not as profitable as the proprietary market of Bayside Securities......

As soon as the words came out, Fu Zhengyi saw Liu Meijia pouting, and quickly asked how big is the scale of this high-quality customer?

"This asset management company was founded in 1994 and invested only $1.3 billion in capital at the beginning, but because its management team includes not only the former deputy director of the Federal Reserve but also two celebrities who have won economic awards, its own assets have reached an astonishing nearly 8 billion yuan in just over three years of operation, and the financial assets leveraged through the financing of various banks should have exceeded 120 billion US dollars! The performance of this asset management company over the past four years has been quite astonishing, and the rate of return since its establishment has exceeded 15 percent In '95 and '96, its profit growth reached an astonishing 40%, and if it weren't for the fact that the asset management company had a redemption of nearly $3 billion at maturity, they wouldn't have needed to look for additional financing channels......"

The profits of those technology stocks and Internet stocks that Bayside Securities have absorbed and held for a long time must definitely be estimated according to multiples, so when Fu Zhengyi heard this, he was not interested, and when he wanted to say, 'It's better not to do it for a long time', but when he saw Liu Meijia still waiting for his praise with anticipation, he laughed. "What, does this business give you a sense of accomplishment?"

"Of course, this asset management company is quite cautious in choosing cooperative banks, if it weren't for the amazing performance of the New York fund company, they didn't consider the participation of Jiamei Bank, I personally visited the president of their company, and finally persuaded them to let Jiamei Bank also be shortlisted......

Speaking of this, seeing Fu Zhengyi giving a thumbs up to herself, Liu Meijia continued proudly although her face was a little red. "I think so, most of the original profits of Jiamei Bank were realized through the New York fund company, and now that the agreement of this asset management company has been signed, I think it is also a good opportunity for Jiamei Bank to expand the market, with the help of cooperation with this asset management company, I think Jiamei Bank and Bayside Securities can further complement each other, when new customers are constantly developed, Jiamei Bank can really gain a foothold there......"

"The profit margin has reached double digits for four consecutive years, it should be said that this asset management company is still good, and it is not easy to increase the management funds from 1.3 billion to nearly 10 billion, but the role played by former Fed officials in this company is not particularly large, and the analysis of economists is more theoretical, so I am not very optimistic about such a combination of management team, the US financial market is very taboo 'insider trading', so don't be superstitious about the effect of these officials and economists......"

"I'm not superstitious, the key is that the company's investment strategy is quite advanced, although the leverage is relatively high, and the risk-neutral arbitrage strategy can be done through the interest rate swap market, that is, to buy undervalued securities, and short sell overvalued securities to achieve profits! The risk is not high, but the return is quite rich, and their CEO said that the future will definitely be a quantitative trading market, with fixed risks and ......expected profits."

The moment he heard the word 'quantitative trading', Fu Zhengke was stunned...... (To be continued.) )