In the investment department on the 19th floor of Zhongshen Building, Zheng Fan brought Ji'er and other executives into it. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

"Boss, the group's investment department is mostly idle at the moment, and there is no operation of the capital market, and there are not many investors." Yan Weikuan smiled and introduced the situation to Zheng Fan and the others.

"In the past, the foundation of Zhongshen Group was good, and it seems that after Rainbow Investment took over the Zhongshen Building, the trading center added some investment in software and hardware." Zheng Fan is quite satisfied with the modern electronic trading equipment.

"If it is just a simple equity investment, it should still be based on the corporate shares of the mainland joint-stock company, and this investment department is dispensable and does not play a big role." Ji Er smiled faintly, as if she wanted to meddle in the operation of Rainbow Investment Group.

"It's a lot of money to re-upgrade the trading equipment, such a good investment department, don't you want it?" Chen Min was slightly dissatisfied with Ji'er's statement.

"As an investment group, if there is no trading center, it is not like that, even if you don't use it, let's keep it here for the time being." Zheng Fan made a decision and signaled to Yan Weikuan and asked him to arrange for someone to turn on all the electronic trading equipment.

"The results of the previous asset and financial verification of Rainbow Investment Group have come out, and there are two million accounts of non-operating expenses that are not clear, and if the relevant responsible persons are not strictly investigated, I am afraid that the accounts will not be correct." Taking advantage of Yan Weikuan's arrangement, An Wenjuan whispered to Zheng Fan.

"Two million? How long has it been since Rainbow Investment Group was re-established, if you count the three million that Zheng Teng transferred, five million is gone, isn't it? Zheng Fan lit a cigarette and glanced at Chen Min deeply.

"That's basically it, there is no problem with physical assets and shares." An Wenjuan just worked according to Zheng Fan's instructions, and there was no inclination.

"Early in the morning, Chairman Xiao proposed to let us pay the 50 million transfer money of the ownership of Rainbow Investment Group, which is ......," Ye Qian reminded Zheng Fan.

"Since it is unclear where the five million funds are going on the books, let Chairman Xiao sign and deduct the 50 million transfer money, as long as she signs and agrees, she will immediately call her the transfer money." Zheng Fan Shen Ning gave Ye Qian's reply.

"This is the specific assets and financial audit information, if the boss has any objections, I can explain it immediately." An Wenjuan handed the folder to Zheng Fan.

"Minister An, you and your team will leave for Hong Kong tomorrow to do the asset and financial review of Dafu Bank, Sunshine Nuclear Power Group, and even Century Holdings." Zheng Fan explained to An Wenjuan while reading the information.

"Okay, then I'll leave tomorrow, compared to Rainbow Investment Group, the finances of Tafook Bank and Century Holdings will be more complicated, if there is any problem, I will report to the boss as soon as possible, and communicate with Minister Ye Qian." An Wenjuan said with a little meaning.

"Look at the trend of the Hong Kong stock market, as well as the European and American markets, there has been no capital operation for a while, and everyone had better have a spectrum in their hearts and be prepared." Before Yan Weikuan could speak, Zheng Fan sat on a swivel chair and arranged.

"Tune out the market of Hong Kong's Hang Seng Index."

Yan Weikuan gave an order to a young trader, and soon let the recent trend of the Hang Seng Index appear on the electronic screen.

"As the boss saw, as of the close of March 9, Hong Kong stocks were reported at 12,427 points, as far as the trend market is concerned, there is still some gap with the European and American stock markets, and in recent days, not only Hong Kong stocks, but also European and American stock markets have also appeared to adjust the posture." Luo Hong found a nearby computer to sit down, and he didn't mean to use Rainbow as an investment trader at all.

"The recent downward adjustment of Hong Kong stocks is obvious and sharp, and it is indeed a lot deeper than that of European and American stock markets, and from the upward trend of more than a year, it is not as good as that of European and American stock markets." Liu Mingxuan confirmed Luo Hong's view.

"Harry has long since quit, and now in the proprietary department of Dafu Bank, there are only two of you as serious traders, Ji Keying is still young, and Chang Lao is sent to be the representative of the Stock Exchange, so you two have to work hard!" Speaking of the future, Zheng Fan's tone was slightly heavier, and his expectations were undisguised.

"As of March 9, the Dow Jones was reported at 6,537 points, saying that Asia's economic growth is very good, but the operation of Hong Kong stocks is up and down, far less stable than European and American stock markets." Luo Hong looked at Zheng Fan's eyes, with the meaning of exploration.

"I think it's mainly due to the impact of Hong Kong's upcoming return to the motherland, and now many wealthy businessmen there have begun to prepare to leave, and there are more Hong Kong people who have actually immigrated to the UK." Ji Er reminded Zheng Fan that the situation was unstable.

"You mean, you want to move the headquarters of Tatfook Bank in Hong Kong?" Zheng Fan took a puff of his cigarette and asked Ji'er with a smile.

"With our current influence, whether it is to the United Kingdom or the United States, it will be better than Hong Kong, you know, the Federal Tax Service has been urged before, that Century Holdings and Tatfook Bank are headquartered in Hong Kong, and the funds are not recorded in the United States, so they cannot enjoy the full capital income tax concession." Ji'er said with a straight face.

"I don't think it's a big problem, after we have filed a lawsuit against the Federal Tax Service, the other party has made some concessions and has no intention of continuing to mention this matter, even if it is turned out later, I am confident that I can put forward sufficient arguments to keep the headquarters of Century Holdings and Tatfook Bank in Hong Kong, and even if it really comes to the point where we have to move the headquarters, there is not much loss to us." Minister of Justice Nguyen Yuan is very confident.

"With our headquarters in Hong Kong, we will be more autonomous." Zheng Fan did not mean to change the headquarters for part of the tax incentives.

"There is one thing that the boss has to pay attention to, that is, recently, the price of international gold spot has risen significantly, starting from 283 US dollars, has passed the 300 US dollar mark, according to the news we have got, it is the Japanese group of funds to make a comeback, the offensive is very fierce." Liu Mingxuan said with a little apprehension.

"Different from the international gold spot trend, the price of international crude oil is relatively weak, people do not understand the reason, logically speaking, in the case of a good international economic environment, crude oil demand is quite tight, the price is normal to show a rise, and the dollar is relatively strong, gold prices should not go too strong, but look at the current state, but it deviates from the fundamentals." Erica, the Minister of Integrated Services, was a little puzzled.

"Do you understand what they're saying?"

Zheng Fan's eyes narrowed slightly, and he asked Yan Weikuan with a smile.

"The domestic capital market is relatively backward, so I don't know much about the situation of international commodities, but I think that fundamentals are one thing, mainly relying on speculation." Yan Weikuan smiled awkwardly.

"How much cash flow can the holding company and Tatfook Bank squeeze out?" Zheng Fan turned his head to Ye Qian and asked.

"Just buying shares in major investment banks has consumed a huge amount of $342 billion, plus Rainbow Investment Group participated in the issuance of 20 billion shares of ICBC, and now if you have to squeeze out money from cash flow, I am afraid it will not exceed $1 billion." Ye Qian shook her head, bringing pressure.

"Has the boss ever thought about cashing out a part of the equity of the investment bank?" Liu Mingxuan's main direction of attack is international commodities, and he has reservations about such a huge amount of equity investment.

"I'm afraid it's difficult, after nearly a week of obvious adjustment in the global stock market, our equity investment in major investment banks has seen a significant narrowing, if this time is cashed, our previous preparation and operation, most of them will become futile." Luo Hong took a deep breath and said.

"The stock markets of Europe, the United States and Hong Kong have just seen a wave of adjustments, and you are already in chaos?" Zheng Fan said with a smile.

"The key is the purchase price of our equity investment, which is relatively high, and once the market falls too obviously, it will naturally put some pressure on our holding costs." Among the people present, only Ji'er dared to say this.

"The problem of appropriation of equity investment in major investment banks is indeed relatively large, so President Ji'er and Minister Ye Qian should strive to replenish their own funds for Century Holdings in a short period of time, and the initial goal is set at 500 billion US dollars." After Zheng Fan thought about it, he said something that surprised everyone.

"It is almost impossible to replenish so much money, even if all the assets of Century Holdings, Tatfook Bank, Sunshine Nuclear Power, and Texhong Investment Group are combined, they will not reach this number." Ye Qian impatiently denied.

"What does President Ji'er think?"

After finding that the blonde girl was frightened for a short time, her expression stabilized, and Zheng Fan asked her with a smile.

"If you repeatedly pledge securities assets and borrow with extremely high leverage, you can expand the investment principal several times on the basis of the original amount of funds, but this will take a lot of risks." Ji'er raised her eyebrows and said.

"The use of extremely high leverage to borrow is usually the practice of hedge funds, and our operation is still different from that of hedge funds, if the borrowed funds have problems in operation, or the pledged equity has fallen too much, it will be extremely difficult at that time." Although Ye Qian had guessed early on, she didn't want to take too many risks.

"You can set the price of equity pledge according to the current market price, and then set it down by 25%, I believe there will be no problem, on the contrary, the loan leverage of equity pledge can be slightly higher, and what you pay is just a higher interest, this matter is so set, give you a month, and then I will see sufficient funds on the books." Zheng Fan made up his mind.

"If the boss makes a decision, with the fundamentals of Century Holdings and Tatfook Bank, highly leveraged lending should not be a problem, after all, we had zero debt before, and the equity investment and asset quality are quite good, and I believe that major financial institutions are willing to lend us money." After the pros and cons were clear, Ji'er showed confidence and certainty.

(The first update will be delivered.) ）