"Mr. Tang, are you planning to hedge exchange rate risk on yen assets?" Wang Shuo asked, hesitated for a moment, and then cautiously reminded, "At that time, domestic and foreign investors have recently had completely different views on the future prospects of the Japanese economy, some people are optimistic that the Japanese economy will continue to be strong, while others believe that the Japanese economy has a huge bubble and is in danger of collapsing at any time." To be cautious, I would suggest that Mr. Tang better liquidate his yen assets...... A simple exchange rate risk hedging may not be able to effectively avoid the loss of your yen assets. ”

Oh.

After listening to Wang Shuo's suggestion, Tang Bao's eyes couldn't help but light up, and he smiled lightly: "It seems that Manager Wang belongs to the latter, and he is not optimistic about Japan's economy." ”

With the crazy surge of the Japanese stock market, the discussion in the international financial market about whether the Japanese stock market will collapse has never stopped, and the predictions of "stock market collapse" have been shattered with the continuous refreshment of the Nikkei index! The take-off of the economy has given Japan a firm belief that they are unique and that their stock market will not fall. This incomprehensible belief has supported the Nikkei to soar unscrupulously in the midst of a collapse......

The downfall of international market analysts has no effect on them at all, and there is a firm belief in Japan that they will break the mold and create a myth of wealth.

And.

Many declining international investors have lost so much by Japan's inexplicable belief that they do not dare to act rashly, even if they remain unoptimistic about the Japanese economy. is like Wang Shuo, although he is not optimistic about the Japanese economy, he does not dare to join the gambling game at will!

"Japan's stock market seems to be booming, but anyone with a little sense can see that the Japanese stock market bubble is serious and could collapse at any time, so I have no reason to be optimistic. Oh, but let's be honest, one of the investment groups I led suffered a fiasco in shorting the Japanese stock market......" Wang Shuo smiled self-deprecatingly.

"Oh. Have you ever shorted the Japanese stock market? Tang Bao was surprised.

"Yes, I shorted Nikkei futures when I saw the bubble in the Japanese economy, but the expectation of a rise in the stock market in Japan is extremely strong. The bulls of Nikkei futures are also terrifyingly strong, constantly pushing the Nikkei index higher. We bears have no ability to resist at all, and we are all ruthlessly crushed to death. When it comes to Nikkei Futures, although Wang Shuo is bitter, he can also calmly face his fiasco.

After a few tens of seconds of silence, Wang Shuo continued: "Realizing that there is no chance in the Nikkei futures market for the time being, I have set my eyes on the stocks of two Japanese companies. The shares of both companies have risen three times and five times respectively in the last year, but they have recently had a production accident and are about to face huge lawsuits, and we also learned in advance that both companies are in financial difficulties, and it is certain that they will lose money in their subsequent financial reports. Heh, we finally caught two soft persimmons, and naturally we will not let go, and we, together with many hedge funds, began to aggressively short the stocks of the two companies and suppress the stock price...... Normally, according to our careful deployment. The shares of both companies will fall into waste paper. But the results were unexpected, and the shares of both companies not only did not plummet, but rose against the trend! ”

Call.

Take a deep breath and soothe your emotions. Wang Shuo smiled lightly: "After several fiascos, the assets under my management have shrunk significantly, and the headquarters has ordered the suspension of operations in the Japanese market. Helpless, I can only withdraw unwillingly. Watching...... But I'm still not optimistic about the Japanese economy. ”

"Oh, so to speak, if you have permission. Will you continue to short Nikkei futures? Tang Bao heard the underlying meaning of Wang Shuo's words.

"Of course."

Wang Shuo replied without hesitation, and then smiled helplessly, "It's a pity that the headquarters won't give me this opportunity at all." ”

Well.

Tang Bao nodded secretly, with a look of approval in his eyes. It's the end of October, and the Japanese stock market has only the last month or two of crazy time. In the case of the Nikkei index continuing to soar and continuously staging "miracles", there are not many investors who dare to continue to firmly short Nikkei futures. Wang Shuo in front of him is obviously a person with firm beliefs, but unfortunately he is tied by the senior management of the Development Bank of Singapore.

But.

Tang Bao didn't rush to solicit it.

"Since Manager Wang is not optimistic about the Japanese economy, why did he strongly recommend an investment fund focusing on Japanese real estate to me just now?" Tang Bao asked.

"This ......"

Wang Shuo's face was embarrassed, but he also had to explain, "Heh, I'm afraid that if Mr. Tang comes into contact with any investment manager of our bank, he will be recommended to buy this real estate investment fund." The person in charge of the real estate investment fund is the star investment manager with the most dazzling performance of our bank, which is highly valued by the senior management, and our bank has also devoted a lot of resources to cultivating it...... It would not be surprising if Mr. Tang had known more about the internal personnel of our bank. ”

"Huh?"

Tang Bao looked puzzled.

"The Development Bank of Singapore is a state-owned bank, and the internal senior appointments are complex. The background of the person in charge of the real estate investment fund is not simple, and the rumors are ...... Forget it, it's not confirmed, it can't be true. Anyway, if nothing else, he will soon step into the core management of DBS! Wang Shuo explained ambiguously.

Oh.

Tang Bao smiled and nodded understandingly, although Wang Shuo did not explain in detail, he could also imagine that the person in charge of the real estate investment fund was only afraid of having a strong government background. In Singapore, it is very common for relatives of senior officials to control state-owned enterprises.

If the person in charge of the real estate investment fund wants to be justifiably promoted, he naturally needs to show results, and it is inevitable that the top management will tilt resources towards it and strengthen "training".

……

"Manager Wang, if I intend to short Nikkei Futures, I wonder if you can help?" Suddenly, Tang Bao asked hypothetically. Although his goal is to short Nikkei futures, he has not made a definite statement at the moment.

Forehead.

Wang Shuo's face was stunned, didn't he say that he wanted to hedge the risk of yen exchange rate fluctuations, why did he suddenly change his mind and become interested in Nikkei futures.

"Oh, frankly speaking, after listening to Manager Wang's words, I am not optimistic about the Japanese economy and want to make a profit in the futures market. However, I don't have any traders around me...... Therefore, I would like to entrust Manager Wang to operate my funds. Tang Bao said with a smile.

Of course.

There is no trader just an excuse to move Wang Shuo, Tang Bao wants to mobilize traders, there is no shortage in Phoenix Investment Group, Phoenix Holding Company, East West Bank, and even temporary employment in the financial market.

"This ...... I have been banned from operating in the Japanese market and my account permissions have been frozen. Wang Shuo was moved, but after a little hesitation, he smiled helplessly. Now, the restrictions on him are not only for internal bank funds, but also for the use of customer funds.

Even if Tang Bao entrusts the funds to him, he can't short Nikkei futures. Because the internal investment account under his control is frozen, as long as he participates in investment transactions related to Japan, the funds cannot be transferred. "Mr. Tang, you can open a futures trading account on your own, and I can act as your investment advisor in private."

"Oh, so be it. I will negotiate with your top management to get them to unfreeze the access to the investment accounts you control. Tang Bao said with a smile.

Unfreeze permissions?

Wang Shuo shook his head with a wry smile, he was firmly bearish on the Japanese economy, but the top management of the Development Bank of Singapore was the opposite. It is already very commendable that he has been at odds with the entire bank's top brass in this way, and that he has not been fired, but only has some of the authority to freeze his investment account.

However, it is difficult to unfreeze permissions in the short term. The Development Bank of Singapore is also worried that Wang Shuo's shorting of the Japanese stock market will cause greater losses, and customers will find trouble with the bank.

"Huh. I will sign an investment loss waiver agreement with your senior management in advance, stating that it is my decision to entrust you to short Nikkei Futures, and I have not been deceived in any way, and in case of loss, I will also bear it myself, and I will not hold the Development Bank of Singapore responsible. With this waiver in place, I am sure that your senior management will remove your investment account privileges. Tang Bao said with a smile. With $675 million in his bank account, he is an absolute high-level customer, and I believe that the Singapore Investment Bank will not go against Tang Bao's wishes.

This.

Wang Shuo was a little speechless in surprise.

"I believe in Manager Wang's investment vision and my own judgment!" Tang Bao said with a smile.

……

After sending Wang Shuo away.

Kate asked puzzled, "Boss, we can just open a futures trading account at the member clearing company, why bother making such a big detour?" ”

"Heh, of course we will open our own account operation. However, each account has a limit on holdings...... What's more, the Development Bank of Singapore has a lot of influence in the local financial market, and shorting the market through his hands will bring unexpected chain reactions. Tang Bao smiled lightly. Even though he has abundant funds, he is not naïve enough to think that he can fight against the entire market bulls on his own.

Let alone.

Through the investment account of the Development Bank of Singapore, Tang Bao can also conceal the movement of some funds.

……

As Tang Bao expected, at his strong request, he insisted on entrusting the funds to Wang Shuo to short Nikkei Futures, and after signing the investment loss waiver agreement, the Development Bank of Singapore happily unfrozen the investment account authority controlled by Wang Shuo. Then, Tang Bao handed over all $675 million to Wang Shuo.

"Mr. Tang, now that the Nikkei futures index is rising rapidly, I plan to wait and see for a while before choosing the opportunity to open a position!" Wang Shuo, who received the funds, hurriedly called to explain his plans.

"Okay, I trust your judgment, it's all up to you." Tang Bao said with a smile. He had no intention of interfering with Wang Shuo's handling of the funds. (To be continued......)