Chapter 228: Target Hang Seng Index

The news headquarters of the old man's second southern tour is unknown, but since the BNB news network hit the ground, German Radio 2 and Luxembourg TV have successively acquired 12% of the shares of the news network at a price of 66 million and 45 million marks, and the private money of the charter has flowed back to the account of the group's investment department in the Hong Kong branch of NB Bank, Ding Wenming, the group vice president in charge of the investment department, and Wang Bingcun, the manager of the investment department, and others have begun to prepare for this.

Target Hang Seng Index Futures, which is also the first real investment since the establishment of the investment department.

The U.S. stock market is a long-term investment, and You Ruiqin, former manager of the audit and supervision department and current chief financial officer of the investment department, Chen John, deputy manager of the investment department, Joseph, the "Wall Street addict" of the head of the trading strategy, and Sajmin, a floor trader hired by the Chicago Futures Exchange with a high salary, returned to Hong Kong together after buying all the stocks of more than $500 million in accordance with the list listed in the articles of association, and waited for the dispatch of Ding Wenming, executive director and vice president of the group.

At 8:35 a.m., Ding Wenming walked out of the vice president's office, knocked on the door next door, and greeted him in fluent English: "Everyone, it's almost time, let's go." ”

Joseph, who was discussing trading strategies with Sajmin, suddenly stood up and said excitedly: "Guys, it's time to work, God forbid, and I hope those guys from Merrill Lynch, UBS, and Goldman Sachs don't let us down today." ”

"Don't worry, they'll do it." John Chen twisted up his briefcase, turned his head and asked with a smile, "Boss, did you say?" ”

Regardless of relatives and friends, or executives of headquarters and subsidiaries hired with high salaries, as long as they enter NB Electric, they must be prepared to endure hardships. Because I want to keep up with the company's development. You have to keep learning.

Ding Wenming is no exception. In the first few years, I studied English, Cantonese dialect, and business management. Now it is necessary to supplement financial literacy and the laws and regulations on finance promulgated by the Hong Kong government.

As the saying goes, a ship is strong against the wind.

Futures with small capital is like a small boat floating on the rough sea, unable to withstand any wind and waves, and will capsize if you are not careful.

Since the recovery of Hong Kong stocks last year, funds from all walks of life have poured into Hong Kong, and the Hang Seng Index has fluctuated amazingly. When I was small, there were eighty or ninety points, and when I was large, there were two or three hundred points. Such a wave has not been seen in several years.

In addition, the trend of Hong Kong stocks is affected by the rise and fall of U.S. stocks, and there are many gaps and large amplitudes, and the risk of overnight is extremely high. Therefore, a large number of retail investors are accustomed to intraday trading, closing the same day of trading, and not holding positions overnight. Intraday trading holds positions for a long period of one or two hours, and the short ones are only a few minutes, so if you want to make medium and long-term investments, you can only aim at those investment banks with deep pockets.

Thinking of the general direction set by the charter, Ding Wenming smiled and said casually: "What we have is time. Even if it is 600 lots per day, three months is enough time for us to fill the position. ”

That's it in the U.S. After arriving in Hong Kong, Joseph laughed self-deprecatingly: "Junior high school students can do a job, and there is no challenge at all." ”

"But at least it will give you the pleasure of trading, Joseph, dear friend, and if you really don't like the salary, I don't mind spending some for you."

"No one is afraid of having a lot of money, but it is a very, very regrettable thing to watch so many profit opportunities slip through their hands every day."

There is really no challenge for professionals like this, Ding Wenming nodded noncommittally, and said lightly while leading everyone to the elevator: "There will be a chance, at the latest next year, I will give each of you a trading account, so that you can play to your heart's content." ”

"Really?"

Ding Wenming patted his arm and confirmed with a smile: "In addition, I will also give you a budget to form your own team, but before that, you must do all the work well." ”

"Great, I'm looking forward to that day."

Sajmin was also excited, and immediately nodded again and again: "Me too." ”

The elevator stopped on the fourth floor, and as soon as the door opened, Wang Bingcun, the manager of the investment department, and You Ruiqin, the chief financial officer, walked in, and one of them distributed a document bag to the two of them, and reminded them with a serious face: "Mr. Joseph, Mr. Sa, inside is the power of attorney signed by President Zimmerman, President Chen Hao, President Lin Dehou and President Steyr, from now on, you will make financial investments on behalf of NB Bank and the three major subgroups." ”

Domestic banks operate in a traditional profit model, and the vast majority of profits come from interest margins, so there is basically no room for financial innovation, so they cannot participate in securities investment. Foreign banks can not only speculate in securities to obtain profits, but can even make a big impact in real estate.

NB Bank is a German "universal bank" registered in Germany, which is more flexible than banks in the United States, Britain, France, Japan and other countries, as long as there is money to be made, it can do anything except for illegal things. In fact, the vast majority of German banks, including Deutsche Bank and Dresdner Bank, not only do they often violate the law, but they even break the law from time to time.

NB Bank will not violate the law, let alone violate the law, and will only lend money and engage in financial investment in Hong Kong, and will not carry out retail business. So I applied for a floor trading spot, and Sajmin, a Hong Kong employee who is administratively part of the investment department, served as a trader.

In accordance with Hong Kong law, the group, like all large Hong Kong companies, also applied for a trading seat on the Futures Exchange, with Joseph as a trader; Before John Chan joined NB Electric, he was a "local representative" of the Futures Exchange, who could trade in his own name or on behalf of others, and "local representatives" like him generally represented retail investors in Hong Kong.

Joseph opened the file bag and took a look at it, and said with an excited smile: "Three people entering the market at the same time are definitely more efficient than one person." Gentlemen, I think we will surely have a big harvest today. ”

"There's no doubt about it."

HSI futures trading hours are shorter than stocks, starting at 9:45 a.m. and ending at 12:30 p.m. Starts at 2:30 p.m. and ends at 4:15 p.m., adding up to a total of 4 hours.

The group rushed to the futures exchange at the "pre-trading stage", and non-traders such as Ding Wenming could not enter the market, so they could only wait in the large household room outside. The "NB Department" has two more traders today. But compared to Merrill Lynch, Goldman Sachs, JPMorgan Chase and Hong Kong's big local investment banks. They weren't very conspicuous on the field.

The phone rang again and again. Everyone is nervously preparing. Joseph, John Chen, and Sajmin had a clear purpose, and they didn't have to help dozens or even hundreds of retail investors trade, as other "local representatives" and investment firm traders did. Just sit to the side and quietly observe the wonderful expressions of other traders, especially those of the big banks.

At 9:45, the transaction officially began, the phone rang, the shouting of the runner was noisy, and there was no electronic trading, John Chen was like yesterday. With the five fingers spread out, the palm facing inward, and the other hand clenched into a fist and the thumb outstretched, quoting with gestures with great skill.

It was another very rare May contract, and the local representatives and traders of the investment firms, who were really not interested, looked up and went on to deal with their endless small orders. After a while, the ground was still full of scraps of paper, but despite this, the runners continued to deliver them to their hands. It can be seen how many retail investors in Hong Kong copy Hang Seng Index futures.

Joseph was lucky, just gesticulating for a while. It got a response from JPMorgan Chase traders. 200 lots, with a transaction price of more than HK$3.7 million. Immediately afterwards, Sajmin also opened, but the trading volume was really unflattering, and only 50 lots were bought.

As soon as the morning trading was over, the three of them hurriedly ran into the big room, and Ding Wenming was about to beckon them to sit down and talk while eating, when Joseph asked eagerly: "Mr. Ding, we are being targeted, can we change the trading strategy?" ”

Ding Wenming frowned: "Targeted?" ”

"Yes," John Chan said, "At 10:43 a.m., there was a sudden surge of buying orders for the May contract, and no matter what the price, as long as someone shipped it, it would be immediately bought by Merrill Lynch, Goldman Sachs and several other big Hong Kong peers." ”

"And how many lots did we buy?"

"I have 350 hands, Chen 200 hands, and Sa 120 hands."

There is no doubt that those guys want to take advantage of the fire to rob, grab the contract first, and then sell it to themselves who have been building positions during this time, Ding Wenming weighed it and said resolutely: "Three, as I said before I came, we have time, we don't need to compete with them for a while, just enter the market in the afternoon and don't trade, let them buy." ”

"Okay, I'll wait for now."

As Ding Wenming expected, after a two-day stop, the buying orders of the May contract suddenly decreased, and the "NB system" continued to build positions. By the end of the morning of the same day, the Hang Seng Index futures had bought more than 33,800 lots.

When Merrill Lynch, Goldman Sachs, JPMorgan Chase and other major international investment banks reacted and were ready to continue to buy orders. Due to the need to leave a sum of money in case the Hang Seng Index fluctuates, the three traders of the "NB system" who need to make a margin call have died down, not only will they not open any more positions, but they are even ready to pack their bags and go on vacation abroad.

At the same time, Li Xiaoshan, who had been waiting in the NB Industrial Park for three days, finally received a notice that the old man would come to inspect at two o'clock in the afternoon.

"Director Huang, the guests will be here soon, and it's up to you next."

Looking at his elated appearance, and thinking of the rumors outside, Huang Li'an seemed to realize something, and couldn't help but smile and asked: "Mr. Li, the guests are almost here, you don't have to sell off with me anymore, aren't you old D?" ”

The head of Kong kept asking for secrecy, but in fact, the most unsecrecy was his government officials, although the media did not report it, but it was already rumored outside. But then again, the old man has been to so many places and met so many people in the past few days, and this "secret" can't be kept even if he wants to.

Li Xiaoshan simply said frankly: "Guess right, it's his old man." ”

Huang Li'an is engaged in technical skills, and she really has no interest in these scenes, so after thinking about it, she asked, "Does Zhang Gong know the way?" ”

Seeing that Li Xiaoshan shook his head, he asked again, "What about Mr. Wu?" ”

"I don't know what to do."

"Mr. Li, Mr. Li, your mouth is really strict."

It affected the work of the laboratory for three days, how could Li Xiaoshan not know what he thought in his heart, and immediately turned on a straight face, and said very seriously: "Director Huang, please believe me, this is all for the company." ”

Huang Li'an glanced back at the bronze medal of the Hong Kong NB Laboratory Xiangjiang Experimental Center, and said meaningfully: "Mr. Li, we haven't worked together for a year or two, what kind of person are you, I don't know what kind of person you are?" But I believe in you, it doesn't mean that everyone can believe in you, you must know that the current NB laboratory is no longer the NB laboratory of the past, and theoretically even Zhang Gong has no right to make such a decision. ”

Li Xiaoshan chuckled in his heart, and asked quietly: "There are complaints from the University of Science and Technology?" ”

"With more than 200 R&D personnel on vacation, almost all the topics of system engineering and technology application have been affected, will you have any complaints?"

This matter may have been done wrong, if you fought for it at that time, or confirmed the specific time when the old man came, it would definitely not be as passive as now.

Li Xiaoshan realized the seriousness of the problem, immediately gasped, and thought for about two minutes before asking in a low voice, "Director Huang, did Principal Gao say something?" ”

"He didn't say anything, but it seems to me that he didn't say anything equals everything."

The experimental center is a branch of the NB Lab, and half of the researchers in the NB Lab are hired from Hong Kong or abroad, as are the members of the Academic Committee, so one can imagine how they will react to this.

Except for a phone call on the first day, President Gao never communicated with him about this issue again, undoubtedly expressing his dissatisfaction with silence. A good thing turned into a bad thing, Li Xiaoshan regretted it, and he couldn't wait to slap his two big ears, after all, the laboratory was too important to NB Electric.

Looking at his uncertain face, Huang Li'an sighed secretly, and pretended to comfort easily: "Mr. Li, the matter is not as serious as you think. As long as we can get some resources for the laboratory later, I believe that Dean Gao will not have any opinions. ”

"How to fight for it, what to fight for?"

Huang Li'an pondered for a moment, and suddenly smiled: "Forget the funds, let's see if we can win an opportunity to cooperate with BJ High Energy." They have the Positron Collider, which I think physicists in the Basic Research Laboratory will be interested in. ”

"Really?"

"What am I lying to you about, as long as you can get this done, Principal Gao will not only not be angry anymore, but will even come to thank you in person."

It's not too late to make amends, but is it that easy?

The positron and negative electron collider, the scientific and technological achievements that the country has publicized for several years, it feels a little whimsical when you think about it, Li Xiaoshan pondered for a moment, and asked again and again: "Director Huang, what does that collider do, is it specifically used to study the atomic bomb?" ”

"It's two different things, pure basic research, not so sensitive. In fact, there are such opportunities for basic research laboratories, but Europe is too far away, and the number of personnel exchanges and experiments is limited. (To be continued......)