"Opening ceremony?" Lei Hao has the feeling of sitting on wax, and the Guangdong Provincial University of Finance and Economics has sent many invitations to attend large and small ceremonies. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

Lei Hao doesn't like these occasions, and when you go back to your alma mater, you can't just sit and leave.

With Lei Hao's current net worth, it is normal to donate a bursary fund or build a teaching building or something, of course, he also knows that the school does not mean this now, otherwise, Yang Huizhi will not come forward.

Guangdong Provincial College of Finance and Economics is not short of money, but lacks reputation, lack of students, lack of teaching strength, lack of status, their dream is to promote junior colleges to undergraduate universities, rise in the shadow of Lingnan University of Finance and Economics, so that Guangdong financial colleges and universities from a monopoly to a two-man competition.

Yang Huizhi told Lei Hao about the school's plans and arrangements sentence by sentence, and in the end, her tone was filled with some prayers, as an associate professor who has taught at the Guangdong Provincial College of Finance and Economics for many years, she treats students as children and schools as homes, which is of course incumbent.

"The dean has invited a lot of people, all of whom are old friends of the school, Tiger, this step is very important to the school, you have to agree." Yang Huizhi finally said.

"Okay, I'll be there on September 24th." Lei Hao raised his hand in surrender.

When he was studying, Lei Hao relied on student loans, although Yang Huizhi helped a lot, but the Guangdong Provincial College of Finance and Economics objectively helped Lei Hao a lot, plus the needs of his alma mater, this kind of thing cannot be refused.

"Before I went back home, I expected that there would be a lot of things." Looking at Yang Huizhi's smiling face, Lei Hao then sighed and said, "All kinds of ceremonies, all kinds of banquets, all kinds of occasions. ”

"Now I know that Mr. Su is worth the salary." Qiu Yuting interjected with a smile next to her, "You are such a boss on the stall, it was originally an occasion for you to come forward, but now most of them are dealing with it." ”

"So the level of benefits for Thunder is the highest in the industry." Lei Hao blinked his eyes and said quite proudly.

The scene immediately became harmonious, with Lei Zhenqiang there, everyone did not talk about finance and financial affairs, but talked about some family life.

Lei Hao began to worry about the arrangement of time in his heart, after he returned to China to deal with some things, Lei's contract on ATE should be almost handled, and he didn't know whether to stay in China or go abroad, and it was difficult to get it right.

If Lei Hao is in the United States by then, a round trip will be more than 20 hours, which is quite a waste of time.

The school couldn't push this matter, Lei Hao could only agree, but then he knew that there were so many things that couldn't be pushed.

There are a bunch of relatives and friends, just for socializing, Lei Hao spent a few days, this is still on the premise that he pushed down most of the invitations, plus the matter of dealing with Thunder, he didn't see the dawn of a little leisure until the 16th.

At this time, the project of establishing a Sino-foreign joint venture financial institution headquartered in the Shanghai Free Trade Zone has almost been negotiated, and the fund management method discussed by LEI and several institutions can also be signed on the contract.

As Lei Hao expected, the matter is actually that the political side occupies the complete initiative, and there is nothing to talk about at all, what to do from above, how many restrictions to relax for you are all rule by man, and the so-called law is not perfect at all.

To give a simple example, from a legal point of view, foreign financial institutions enjoy almost the same treatment as local institutions in China, but HSBC only has a dozen outlets in Shanghai, and ICBC directly has more than 400, why? The blood is different, and the treatment is different.

Of course, not only Lei Hao, but even HSBC, Keda, and even the Chinese side know that the new organization is just a flag, and everyone sets up a platform on which they take what they need, cooperate with each other, test and plan each other, and by the way, tell the outside world a voice: we are moving towards formality.

On the 17th, we need to see more people, the recent call for the appreciation of the US dollar is gradually rising, LEI and Thunder Group are accumulating corresponding chips, HSBC, Keda and other institutions are also on the side of the appreciation of the US dollar.

But no one knows what the outcome will be, and Lei Hao is not 100% sure when he gets the future information, not to mention that there are still some misdates in the time span.

The rise of the stock market index has been realized, but the high level has shrunk, and for large funds, it has risen as much as it has not risen, and the market is in a bullish but cautious attitude.

"Small things don't stop, big things don't come out, something is wrong." At night, when he was flipping through a lot of materials in the study, Lei Hao always felt that something was not right.

To be precise, the calm of the financial market is actually a gestation period, unless the market is extremely immature or there is no conflict of interest among tens of millions of people, otherwise, it will always fluctuate.

The profits of financial practitioners are derived from fluctuations, bullish and bearish, the two hedge against each other, and who wins and who loses depends on their ability.

The problem now is that things are always like a thin veil, Lei Hao can't get a glimpse of the overall situation, and even if he knows some changes, after his funds are involved, it is impossible to be 100% sure whether the future will still be this future.

"Forget it, it's bland, and there are a lot of profits." Thinking of it quite helplessly, Lei Hao looked at the time, took out his mobile phone, and saw today's future information.

What he saw, Lei Hao almost thought he was wrong.

"SHIBOR soars, the central bank resolutely deleverages, determined not to release ......"

The combination of several pieces of information reveals such a content, if ordinary people know this kind of thing, they will definitely be scared to pee.

In China's financial circle, the central bank is referred to as the central mother, and all the institutions under it are "sons", how does the central mother exist? Trillions of dollars in foreign exchange reserves in hand, God blocks the Chinese town house beast that kills the gods.

It can be said that if the central bank coughs a little, China's financial circle will catch a cold, and if the central bank makes some big moves, the whole world will have to focus on it honestly.

What is deleveraging? It's a cliché.

Archimedes said to give him a fulcrum, he can pry up the earth, financial practitioners said, give them a lever, they can exploit the whole world.

Take real estate as an analogy, a house is 1 million, I only have 100,000, borrow 900,000 to get enough money to buy a house, this is ten times leverage, and then what will happen? I have to repay the interest, I borrowed 900,000 yuan, and the house is very bad if the price does not rise.

This situation is almost incomprehensible to ordinary people, but financial institutions or big money have a way to solve it: Lao Tzu borrows again.

When I speculated the house price to 2 million, due to the influence of market psychology and the laws of supply and demand, the house price was 2 million, and I was not convinced.

There is a bunch of leverage in this, and the leverage of finance was originally intended to optimize the allocation of resources, but the financial circle applied it to all commodities, including houses, and then ...... The money is still the same money, and things have become more expensive.

All in all, leverage is almost equivalent to the risk accumulated in the economic system, which has accumulated too much, and even the central bank has to kneel when it erupts, so deleveraging is correct, but factors such as method, timing, and strength need to be considered.

ps: I know that SH stands for Shanghai 0.0 in SHIBOR but some things don't feel very good to change, so I still use this, because the name of Shanghai becomes HIBOR...... That is the real interbank lending rate in Hong Kong.

Yue Lang said

Omit a few thousand words to tell a detailed explanation of leverage in finance and the economy 0.0 to write a story, and make these things as a moderate amount of simplification, and everyone can look at it as a policy. If you are specifically interested, let's talk about 0.0 in the group...... Of course, I'll wait until I'm done with the second chapter and then I'll go to the water group 0.0 later.