Chapter 271: Follow-up
On the 15th floor of the Citigroup Building in Central, Hong Kong, Di Liya was dressed in a professional skirt, constantly observing the big screen of the transaction in the investment department, revealing a thoughtful look. Pen | fun | pavilion www. biquge。 info
"I didn't expect U.S. crude oil to cause such a big wave on the electronic disk today!" Harry, a white man, had an obvious strange look.
"Why exactly this happens, you have to ask your old club." The brown-haired young woman Di Liya said with a playful smile.
"What does President Delia mean is that the abnormal fluctuation of U.S. crude oil is caused by Tatfook Bank?" Before Harry, a white man, applied for a job at Tafu Bank, he never imagined that staying in the self-operated department there for a short time would be an important experience in his financial life.
"It has been determined that the wave of U.S. crude oil contracts launched at noon Hong Kong time is led by Tatfook Bank." Although Deliya was smiling, she was very sure.
"It is indeed a bit like the style of Tafook Bank, actively and decisively cut in quickly, with a strong amount of funds, resist the opponent's strong offensive to build a position, as long as the opponent once the opponent shows fatigue, he will not hesitate to pounce and bite, and the rate of continuous operation will not give the opponent a chance to breathe at all!" Harry has been observing, for a while the U.S. crude oil market.
"This is just a superficial phenomenon, you have also stayed in the proprietary department of Dafu Bank for a while, don't you understand the real operational characteristics of that Zheng Fan?" Delia asked with a smile at Harry.
"Dafu Bank's proprietary market is getting bigger and bigger, just like a beast at the peak of physical fitness, extremely hungry and eager to find fighters, but the key to real success is not simply because of the amount of funds, but the helmsman is good at analysis and calculation, and before each entry, he will repeatedly scrutinize the operation basis as the support of the operation, so he will show strong confidence in the market." Harry looked solemn and couldn't help but sigh later.
"What do you think Zheng Fan is doing for more US crude oil?" Delia gave the white man a deep look.
"It's not very good to say, if you throw out today's trend, the news of international crude oil is still bearish, but I am sure that Tatfook Bank must have a deep excavation of the fundamentals of international crude oil, which is difficult for ordinary people to achieve, because Zheng Fan's analysis characteristics are mainly in the actual battle game between supply and demand and handicap, and he does not pay much attention to the technical trend." Although Harry said this, he secretly sighed in his heart that even if he stood by Zheng Fan's side, he couldn't see through what he was really thinking.
"The wave of rise at noon is too rapid, and in the situation of quick killing, even if you want to keep up, the key is how to deal with it after the situation changes." Delia said helplessly.
"Looking at the wave of rising trend at noon, there should be a lot of main force of the short side, which was blown up by Dafu Bank, do you know who the main force of the short side is?" Harry asked the brown-haired young woman as he bred up.
"It is very secretive, and the vast majority of the operating accounts of the main force of the short side are from offshore companies, even if you want to check, it is not so easy." Delia shook her head, not intentionally hiding it.
"I think this is just the beginning, and the next step is to keep an eye on the movements of Tatfook Bank, maybe from its follow-up operations, you can get some clues." Harry lit a cigarette and behaved calmly.
"Not perhaps, but certainly, the president of Tatfook Bank, Ji'er, has taken a special plane to New York, and I have received news that the New York branch of Tatfook Bank is in contact with the major securities clearing companies on Wall Street to borrow shares of Enron Group, and it is quite secretive, including Citibank's New York headquarters." Delia said with a smile.
"Isn't Enron a shareholder of New York Life? Some time ago, affected by the accident of New York Life, the stock price was dragged down to a certain extent, but with the improvement of the stock market, it was soon pulled up by funds. Harry looked a little puzzled.
"Are you trying to say that it's not the best time to short Enron's stock now compared to the time when New York Life had an accident?" Delia smiled beautifully.
"Indeed, it is somewhat incomprehensible that it was not thrown at that time but now it is thrown, and with the American International Group becoming the largest shareholder of New York Life, the stock price of New York Life has been boosted by this and has risen, and the problem of capital loss of shareholders almost no longer exists, and if you want to borrow Enron Group's shares to short, you always need a reason, right?" Harry was somewhat skeptical.
"From the noon liquidation of U.S. crude oil, didn't you think of anything? There is a saying in China that the grass beats the rabbit, and Tatfook Bank is willing to spend energy on Enron, and it definitely has deep intentions. "Delia has said it very obviously.
"If Enron Group really has something to do with the main funds that short U.S. crude oil, the follow-up reaction of this wave of liquidation may be very large, especially in the case of Tatfook Bank contacting the major securities clearing companies on Wall Street and borrowing Enron Group shares. The more Harry thought about it, the more horrified he became.
"The people of the New York branch of Tatfook Bank, the major securities companies and investment banks on Wall Street, are not in advance, although the US stock market has not yet opened, many contracts have been signed, and the shares of Enron Group have been borrowed in advance according to yesterday's closing price, and the speed of the funds to the account is quite fast." Delia's smile was certain.
"If this is the case, once the U.S. stock market opens, won't Enron's stock price be under a lot of pressure?" Harry thought quickly, hoping to find an opportunity in it.
"Now the market value of Enron Group is 230 billion US dollars, even if Tafuku Bank only eats a part, the profit must be extremely considerable, if you hold the shares of Enron Group, what should you do now?" Deria's expression suddenly became solemn, and she asked something that made Harry look strange.
"Although Enron Group has not announced negative news now, but Dafu Bank's targeted short selling, undoubtedly cast a shadow on its stock trend, if I hold Enron Group's shares, I have to run when the U.S. stock opens, otherwise something really happens, and it will be too late to withdraw." Harry thought that after the accident between New York Life and MetLife, he picked up the mysterious funds of the cheap chips of the related group at a low level.
"Aren't you afraid of 10,000 just in case?"
After the flickering of Di Liya's eyes, she seemed to have a choice.
"President Delia, since Dafu Bank also borrowed shares of Enron Group from Citibank's New York headquarters, have you explained the risks to the New York headquarters?" Harry hesitated for a moment, but confirmed the brown-haired young woman.
"At present, the relationship between Enron Group and the main force of the New Zealand crude oil short side liquidation is just speculation, how to explain it, it is better not to make a storm for no reason, whether it is you or me, we can't afford this responsibility, even if we take a step back, Citibank headquarters really lent Dafu Bank shares, and the proportion of Enron Group's equity will not be too large, with the strength of Citigroup, some normal profits and losses, which are fundamentally in the scope of business." Delia gave Harry a deep look and whispered.
"It's really not suitable for random speculation, about the Enron Group, no matter who it is, I won't say it, I believe that even if Dafu Bank has a plan, it is also in a state of casting a wide net, and in the case of the Enron Group's news is relatively calm, it will not be so quick to suppress, which will also give some prophets who hold its shares a chance to run the goods." Harry said calmly.
"In the case of Tafook Bank's crazy borrowing of Enron Group shares, I am afraid that the situation is not optimistic, you should also know this, and with the opening of the U.S. stocks, I think Tatfook Bank will also short Enron Group's options, and the pressure will be heavier, the most ridiculous thing is that those brokerages and investment banks on Wall Street will also regard Tatfook Bank as a local rich man, and value the commission of borrowing stocks!" Delia took a deep breath and laughed.
"Once Enron's stock price falls, does the president think Tatfook Bank will continue to follow suit?" Harry asked curiously.
"Even if the main force of the short side of New Zealand crude oil this time has nothing to do with it, there are a lot of related party transactions in the financial statements of Enron Group before, and it is questioned that many profits have been inflated, and the fig leaf is so bad that it can't hold back, I am afraid that the stock price of more than 70 US dollars will collapse like a building, not to mention a 10% drop, that is, it is profitable to short at 30 US dollars, or even 10 US dollars, as an analyst of the Western capital market, you should know that some companies are close to bankruptcy, and the stock price will even fall by tens of cents." Delia sighed.
"So, by shorting Enron, Tatfook Bank is trying to eat up its market value?" Harry couldn't help but shudder when he thought of Enron's huge market capitalization.
"It's not okay to suppress it desperately, if the Enron Group is crushed to death in one fell swoop, it is still difficult to cash in the profits, it is estimated that Dafu Bank has follow-up means, when the Enron Group falls to the bottom, find a way to pull it, so as not to let it fall to its death, it may be to make a fuss about capital operation." Delia was already thinking very long-term at this time.
"I think of one thing, that is, Zheng Fan attaches great importance to nuclear power operating assets, which happens to be more in line with Enron Group, it seems that it has two nuclear power plants, right?" Harry reminded Deria.
"As one of the world's largest integrated natural gas and power companies, the quality of part of Enron's assets is still very attractive, in the United States alone, it controls a 32,000-mile gas transmission pipeline, the two nuclear power plants you are talking about, only in the United States, its controlling Enron International, also has a nuclear power plant in India, I believe that the US government will not sit idly by and watch it go bankrupt, and it will be saved at a critical moment." Delia observed the trend of oil prices.
(The first update will be delivered, and there will be more later.) )