Chapter Forty-Eight: A Fatal Knife
In the field of financial research, almost all researchers have a master's degree or above, analysts have a large number of doctoral students, and there is no shortage of senior analysts and chief analysts.
Zhou Minghai's academic qualifications were originally junior college, and later he was promoted to a bachelor's degree, and then he got a self-examination graduate degree, which looks good, but it is actually a low-level link in the chain of academic contempt, for which he needs to make more efforts and get greater results in order to get the opportunity to be promoted.
In this case, Cai Qinghui seems to praise Zhou Minghai and Wang Nuo's brothers for working together and breaking their profits, but there is a kind of irony for the lack of strength of Wanli Financial Research Institute.
If you're good, why is your intern just an ordinary bachelor's degree? Oh, it's the younger brother of the research team leader, so ...... Hey, one of your research team leaders also has a bachelor's degree?
"It's naturally easy to cooperate with each other, just like this time, if Manager Cai wasn't a student of Teacher Ling, we wouldn't have met now. Just when Arslen's face changed slightly, Tao Hui also gave Ling Xiangjun a knife at the right time.
Tao Hui's fluttering words made Ling Xiangjun and Cai Qinghui dare not mention this topic again, because Ling Xiangjun is inferior to Zhou Minghai, his last full-time education degree is pheasant junior college, and Cai Qinghui has read Ling Xiangjun's training class.
"The investment direction of the Blue Sky Fund is new energy, new materials, artificial intelligence, medicine, shipping and other fields," as if sensing the strangeness of the atmosphere, Alslen suddenly said to Zhou Minghai: "I like your analysis report last time. ”
"New materials?" Zhou Minghai was in a happy mood and smiled at each other.
In the financial circle, no matter what, it depends on strength, and as a fund manager, Alslen has a completely different concept from Cai Qinghui.
Wang Nuo also found that Arslen, a Mongolian hunk man, was not as rough as he looked on the outside, and the other party's mind was still meticulous, but the fund manager was always proud in front of the sell-side researchers.
just praised Zhou Minghai at the beginning, and Alslen began to hand over the right to communicate with the institute to Cai Qinghui.
Everyone sat down, ate, drank, and chatted, and began to get acquainted with each other in preparation for the meeting that would follow.
A supporting character like Wang Nuo can only sit silently and eat while deepening his understanding of the events from the conversations of the protagonists.
Texhong Fund Company and Wanli Financial Research Institute are in contact, of course, not to eat and drink, but they have special research that needs to be delivered.
The so-called special research means that the fund company pays the financial research institute to help them analyze the data, that is, the financial research institute is asked to help do some buy-side research reports.
In the field of financial research, this is a big difference, and if the research institute does a good job, it can not only get monetary rewards, but also assist securities companies to carry out brokerage business, which is the so-called acquisition of sub-positions.
You must know that for a research report, the fund company will give a six-figure figure at least, and if the long-term cooperation continues, this amount of money will not be small, and the income from the distribution will not be less than the income from the sale of research reports.
Taking 1/10,000 as an example, the fund company is in the seat of the underlying securities company, and the annual transaction volume is one billion yuan, which is a six-figure income.
This is an imminent benefit, so whether it is Tao Hui or Zhou Minghai, they are very cautious, and they will definitely not allow anyone to ruin this cooperation.
But day and night, it is difficult to prevent thieves, Ling Xiangjun is so enthusiastic to come over, he is not just here to help, he may also hope that this cooperation can be successfully achieved, but he needs his "great contribution".
Therefore, when everyone finished eating, walked out of the box, walked through the hallway, and came to the business lounge, Ling Xiangjun, with the help of Cai Qinghui, gradually had a meaning of representing Wanli Financial Research Institute, and his fox tail was also exposed.
"The position distribution of Blue Sky Fund is highly compatible with Minghai's analysis direction, which will be a good basis for our cooperation. Ling Xiangjun suddenly said to Arslen.
"So here we are. Alslen also nodded and said, "I hope to have the opportunity to communicate with Analyst Zhou." ”
"I'm also eager to learn more about the buyer. Zhou Minghai answered.
Excluding the influence of fame, buyer research and seller research fit, is a good premise for the cooperation between the two sides, Zhou Minghai and Alsleng people, meeting is not at all false, directly is short-handed, discuss their understanding and analysis of the market, if mutual recognition, there will be the possibility of business dealings.
When Alslen proposed to communicate with Zhou Minghai, everyone at the scene began to get nervous, but they all kept quiet, so that the two people had enough space and time to collide with each other.
For the first time, Wang Nuo saw the views of the buy-side researcher and the sell-side researcher collide.
The questions raised by Alslen are more inclined to the technical side, and the killing atmosphere is strong, how many positions to take, what price range is more suitable for what kind of operation direction, the possibility of long, medium and short term ups and downs, and where the volume can be, all of which are the focus of his attention.
Zhou Minghai is softer, he focuses on fundamentals, from the macro economy, industry data, policy tendencies, industrial structure, liquidity changes and other fields, one by one to solve Alslen's questions, and appropriately express his views on the technical side.
It was the first time Wang Nuo saw this kind of confrontation in the professional field, and it seemed to be a calm and harmonious situation, but there were many swords and swords hidden under the stage, and the seller's researcher was indeed born to be a head lower than the buyer's researcher.
Zhou Minghai can't completely refute Alslen's point of view, and he can't be an echo worm, he must find the point of convergence between the two sides at the same time, make his own voice out, and prove the value of his existence!
In this atmosphere, when Alslen said, "I am not optimistic about the short-term data of the pharmaceutical industry", Wang Nuo could clearly feel that the faces of everyone on this side of the institute had changed.
"Refuge?" or do you agree against your will?" Wang Nuo empathized with Zhou Minghai's pressure, "This is a gamble about character." ”
The field of financial research is different from other fields, and the personality of the buy-side researcher is also very strange, the buy-side researcher is bearish, and the sell-side researcher is bearish.
On the other hand, the buy-side researcher is bearish, the sell-side researcher is bullish, oh, you can't even see the trend of the market outlook, what do I want your research report to do? What? You say that the market outlook has risen and your analysis conclusion has been confirmed, so what does it matter to me, that is the future, I am not happy, and there is no way to talk about cooperation or anything.
That's where the fuck comes in, no matter what the sell-side researcher does, there's a chance of going wrong.
So the best thing to do is to ...... Pull someone out and sacrifice it.
"Ming Hai, regarding the summary of the first quarter and the outlook for the second quarter, your research team should still have a few days to hand over the research report on the matter, who is responsible for the information collection and preliminary analysis in the early stage of the pharmaceutical sector?" Ling Xiangjun stabbed Wang Nuo with a smile.
Wang Nuo could clearly sense that the situation was not good.