Chapter 842: External Reserve Structure and Opportunities

In the box, the general manager of the auction house and Qiu Youfan were completely stunned, they knew Lei Hao's identity and also knew about Lei Hao's deeds in the financial circle. Pen | fun | pavilion www. biquge。 info

This is art and antiques, does Lei Hao know the price? In other words, he can know the price from public information, but what about the psychological price of others...... Thinking of this, everyone seemed to suddenly realize.

That's right, when it comes to psychological prices, who is better than Lei Hao? People are killing the existence of old financial institutions to lose their armor, and they are a financial genius born in China in a hundred years, and you are competing with him? I haven't died.

What is shocking is that Lei Hao rolled up his sleeves and did it, is he really not afraid of a fight in this small auction? His fame is not an equation compared to this matter.

Or look at the problem from another angle, Lei Hao is really confident.

I just shout the price of every commodity, I can shout the most extreme number under your psychological price, you give up, I think it's a pity, buy it, there is nothing to make money, this is simply the most competent trust.

"Mr. Lei." Qiu Youfan somewhat understands why Lei Hao makes money so fast, there are too many things that need to be priced in this world, as long as you are sensitive to price, you can find opportunities to make money casually.

With Lei Hao's ability, he may be able to become rich if he sells vegetables.

The person in charge of the auction house also quietly breathed a sigh of relief, and then secretly rejoiced in his heart, this is a bad thing turned into a good thing, Lei Hao is angry, and the auction house is also making money.

There's a financial tycoon who can help you raise the price of your lot, which is a treatment that you can't afford to spend money on.

But it was not their turn to intervene, as one of the major shareholders, Qin Yu happened to take advantage of this matter to meet with Lei Hao.

As the night deepened, Qin Yu rushed to the scene, and while receiving Lei Hao and Qiu Yuting, he first apologized, but there was a trace of inexplicable envy in his tone: "Tiger, I don't accept anything, just obey your vision and ability." ”

Help Peng Rui, you can get the friendship of Lin Anxi, who turned the corner, participate in an auction, Lei Hao can also make some trouble, and he has an overall advantage, in order to apologize to him, the auction house erased the account of the things he bought tonight, in order to make amends, but the organizers did not lose, but they made a little more money because they sold items at a high price.

Thinking about Lei Hao's report card in the financial field, Qin Yu can only admire it, he has never seen someone so sensitive to prices.

It was also because he valued his relationship with Lei Hao that Qin Yu came over overnight to ask for supper and apologize.

Lei Hao was more leisurely during this time, and he didn't mind spending the evening with Qin Yu, but there was no major event in the investment field, but the other party brought another piece of information.

"The central bank intends to hand over a number of monetary assets with maturity to Chinese-funded private financial institutions for operation, and the specific way should be bond forward trading." Qin Yu entertained Lei Hao and Qiu Yuting in his villa in Shanghai, but after he finished his opening remarks, he threw out this matter.

Lei Hao immediately became serious, and Qiu Yuting beside him also concentrated his attention.

China's foreign exchange reserves are still more than 3 trillion US dollars, but these 3 trillion US dollars are not all US dollars, and it is a fool to let 3 trillion dollars be placed in the account.

Taking China as an example, China's foreign exchange reserves of 3 trillion US dollars include various currencies, checks, promissory notes, bonds, foreign currency bills, and even stocks, gold, fixed assets, and so on.

In short, foreign exchange reserves also need to be invested and managed, and China's $3 trillion foreign exchange reserve structure is currently a state financial secret, and it is impossible for ordinary people to know how many assets such as US dollars, yen, and euros are in it.

It can only be said that the process of structural change of China's foreign exchange reserves is a great influencing factor in the world financial market, and it even includes the general direction of the country's development.

Then, in what form is the investment and management of these foreign exchange reserves? The answer is that there are all forms.

Yuan Jigong, the current deputy governor of the central bank, has been a trader of the state reserve, and if the central bank wants to convert foreign exchange reserves into an investment target, it will rarely do it in person.

Formally, the central bank is sorting out the size and structure of foreign exchange reserves all the time, and if there are a batch of bonds in the foreign exchange reserves that are about to mature, that is, there is more money, then the central bank may consider exchanging these currencies for other forms of assets, such as bonds.

The structure of foreign exchange reserves is a national financial secret, and if the central bank participates in the market with itself as the main body, what other secrets can it have? So what they do is to get other institutions to come forward and help convert the form of assets.

Bond forward trading is one of the means, I have 5 billion dollars of assets about to become currency, so I choose a financial institution and sign a financial forward contract.

For example, if it expires in 3 months, then after the contract is signed, the financial institution will hand over the corresponding bonds to the central bank after 3 months, and the central bank will give the money, and then the bonds can be deposited in the account of the institution or taken away by the central bank.

In this way, as long as the financial institutions that signed the contract did not collectively betray China's central bank, then who knows the specific data on China's foreign exchange reserve structure?

Qin Yu said this because it is really important, basically these things, state-owned financial institutions were responsible for these things before, and private financial institutions were almost not involved.

State-owned financial institutions are, firstly, trustworthy, and secondly, they can ignore such things as profits.

Yang Ma wants to buy things, oh, I'll give money first, as for whether you will give money later, when you will give money, and in what form, you are Yang Ma, you have the final say, this is a political achievement.

After the financial marketization, this signal was released, but the central bank showed its attitude of further supporting Chinese-funded private financial institutions.

"Are the four major banks, Huijin, and Huitou willing?" Lei Hao thought for a while, and immediately asked.

If the central bank is the emperor of China's financial circle, then the state-owned financial institutions are princes or sons, and they have decided to stick to the sphere of state-owned capital.

"So there's a need for competition." Qin Yu said helplessly: "It's already very good to be able to give a chance to compete." ”

"yes, it's nice to have a chance." Lei Hao sighed and began to think.

There is no doubt that if you win this business, you may not make money, but sometimes large institutions don't just look at profits, you have these businesses, you can feed a group of people, and secondly, you also get a channel, a direct channel to the central bank, and besides, your sources of information are more extensive.

The actions of the central bank will always reveal a little bit through these businesses, and private financial institutions like Thunder, in this matter, the first reaction is not whether to make money or not, but how to keep the opportunity.

If you do it well, it may come one after another in the future, and if you don't even have to do it, you don't have to think about anything.