Chapter 62: The Traveler (4)
300 million US dollars, in the Chinese Forbes list, can only be ranked 250, and in the world rankings, 1 billion US dollars is the bottom line. As for the people who are called the hidden rich, isn't Huang Xuan one of them?
In any case, having $300 million at the age of 16 is enough to make people reverie.
Major banks have their own speculations about the source of Huang Xuan's assets, but there is no doubt that it has a great relationship with the Huang family, or the Huang Fund, and some people even believe that this is simply Huang's money laundering measures in Brazil.
But what does it matter? While banks are always considered to be the most creditworthy institutions, bankers are definitely among the most shameless people in the world, and the money laundering industry is far from banking not because of their integrity, but because of their greed that no one can stand to. Not revealing depositor information is to attract more depositors, and selling out depositors, although not very often, is not a small occurrence. For Jews in Germany, at least, the notorious Swiss bank was a pure killer.
Charles Dutoit, of UBS, was a pure banker, and while working for bankers, Mr. Dutois dreamed of one day having the power to exploit others, and for that dream he worked hard – the evil of capitalism.
After receiving Huang Xuan's case, Ditois sensitively found the opportunity, the other party is a 16-year-old young man, but he wants to spend 300 million US dollars in property, the so-called teenager has the ambition, he will be happy and amazing, do amazing things, he thinks, if you want to complete the desire to save enough money to retire before the age of 40, you can do it in a decent way, but if you want to step into the ranks of all evil capitalists, you need to take some risks and make some dedication.
After careful consideration, Dutois believes that Huang Xuan does want to buy large quantities of spot products such as crude oil in the short term, and that he believes that the only advantage he has over the representatives of the other two banks is that he has more free money on hand.
Charles Dutois decided to use all the money he managed to buy 100 lots of London North Sea Brent Light crude for July delivery – the largest of the three standard oils – which cost the bank $9.2 million, and then he arrived in São Paulo with his proposal and futures contracts.
Huang Xuan met Charles in the newly rented office of Hexin Industrial. The office is next to the Plaza de la Repubblica, near the most prosperous commercial street in São Paulo, where Li Qing helped him rent a one-story building of more than 5,000 square meters. However, so far, Hexin Industrial has only two employees and one temporary worker. One of them is the front desk and secretary, etc., and the other is responsible for liaising with Huang Xuan and various companies, and is also responsible for all decoration matters.
The efficiency of the staff is very high, and by the time Huang Xuan came here, the office room was half renovated, but there were only 3 chairs on the whole floor, but there were 4 people. Huang Xuan, Charles, a translator, and a lawyer. In the end, the translator carried forward the spirit of Lei Feng and took the initiative to give up a bench.
Some of the vignettes did not affect Charles's mood, in fact, all his spirit was in the leather bag in his hand. If Huang Xuan does not approve of the price of crude oil futures he has purchased, then he must force the position before the final trading day, regardless of whether there is a loss or not, what he does is likely to become an unauthorized misappropriation of bank funds, this problem can be big or small, but it will eventually push him down the capitalist ladder.
Charles took out the prepared materials from his bag with a serious expression, and because there was no table, he handed it directly to Huang Xuan, and said with apprehension: "Mr. Huang, this is the 100,000 barrels of crude oil I bought according to your requirements, the average price is 92 US dollars per barrel, and the day after tomorrow is the final trading day. ”
Huang Xuan was very surprised to take the information from Charles, and only looked at the previous page, he knew that the other party had purchased futures with his own funds, which was completely inconsistent with what they had discussed before, which was equivalent to the bank buying futures and selling them to Huang Xuan, rather than buying them as an agent.
Although Huang Xuan is only beginning to learn these business practices, he is still able to see a huge difference.
At first glance, Charles's actions were extremely stupid. This made Huang Xuan stare at Charles for a long time. However, it must be admitted that Huang Xuan is very happy that Charles can complete the commission so proactively. If the investment bank is entrusted to select futures, make a risk assessment, and then operate after the employer's approval, and finally wait for the end of the trading day to deliver the spot within the specified time, this series of work will take at least 1-2 weeks, and Huang Xuan is not sure whether Lorraine's demand has changed during this time.
He didn't want Lorraine to have another power outage somewhere in a state of emergency, or worse......
Therefore, after learning that the delivery could be completed within 4 days, Huang Xuan nodded happily in approval of Charles's trading behavior, and he didn't even look at the price for a second time, compared to the importance of Lorraine, this money can be completely ignored.
Therefore, in this contract, Charles only took a small risk, and in return, he got a certain degree of inclination from Huang Xuan.
In terms of the relationship between risk and return as a banker, Charles has done a good job.
Charles breathed a sigh of relief, and in his opinion, Huang Xuan's endorsement of the deal itself was half the battle, and of course, it was.
Carefully handing over the contract to the accompanying lawyer, Charles calmed down and said, "Mr. Huang Xuan, this is the acquisition plan that my bank has professionally planned for you, please take a look." ”
"Oh?" It was only two days after calculating the time, but Huang Xuan liked this kind of efficiency very much, and opened the file with a smile.
Total 280 million? Seeing this number, Huang Xuan couldn't help but look up at Mr. Dutoit, who looked like an old god and was talking to the lawyer next to him.
Huang Xuan continued to look at Dutoi's target of three companies that Eletrobras has already sold – Furnas, Chesf and Eletronorte, with Furnas even having 8,000MW of installed capacity. Due to Brazil's national policy, both it and chesf were divided into 2 power generators and Eletronorte into 3
Most of them were eventually acquired a few years ago by EDP/CPPE, a large US$7 billion power conglomerate, but in recent years, the group has been slowly adjusting under the leadership of CEO Tarona.
Ditois tried to fish some residues from this behemoth, such as the original Furnas part that had not yet been swallowed, and he carried out the plan, and he wrote a full 50 pages, all in English, and provided a Chinese index, Huang Xuan patiently listened to Lorraine's explanation for a while, and finally gave up.
This is a professional to complicated plan, maybe the banking industry, those academic gentlemen, have liked this way, but Huang Xuan has not.
At the end of the document, UBS think tanks had made plans for all of Mr. Huang's assets, and they proposed splitting Shengfeng into two divisions, splitting the farm and sales portions, and listing the former. In addition, the newly purchased Xihuang Industrial and the warehousing division of Cabraith will be merged into Hexin Industrial, and the power company will be separated into a new company. In this way, the cash from the sale of Shengfeng's sales department and Cabrazis' logistics department can subsidize the cost of the merger.
Seeing this, Huang Xuan smiled meaningfully, he finally understood why his mother suddenly laughed when she was reading the documents in the study, he thought that there were any interesting topics in those documents, but after reading them, they were completely boring, but now, he understands.
"Mr. Dutoit?" Huang Xuan just said in an immature voice.
"Mr. Huang?" Charles, who was communicating with the lawyer, immediately turned his head and lifted his glasses.
"The spin-off of Shengfeng and Cabrais has always been handed over to Citigroup Global Markets, and it looks like UBS's proposal is out of authority."
Since Huang Xuan agreed to his futures contract, Charles was 9 points confident that the young man in front of him would prefer an efficient team to a cautious team, and he decided to throw away all the banking rules he had learned in school and inject the last weight into his capital with a heavy bet.
Charles said calmly: "Mr. Huang Xuan, I believe that the business level of UBS can satisfy you, we are a professional bank, do professional investment business, at the same time, we are very efficient, we can complete your entrustment at the time you need, with the least cost, and hand over your assets to us for management, which will inevitably bring back the advantages of scale." ”
Huang Xuan really likes Charles's efficiency, in contrast, Aubrey is like a steam train that lacks coal, although it pulls a lot, it will never reach the station in the time you want.
However, his mother taught him that it is necessary to buy a guaranteed ticket, but the guaranteed ticket should be bought at each station, not a full purchase, so Huang Xuan snapped the folder in Charles's expectant eyes and said: "I hope to see 100,000 barrels of crude oil in storage before this weekend, then after that, I believe I will have a higher level of trust in UBS." Of course, you'll also get a $50 million power of attorney. ”
When talking about the Union Bank of Switzerland, Huang Xuan paused slightly, and Charles immediately understood that compared to his own plan, it was obvious that his own name was more interesting to the other party, so before seeing Citigroup and other bank plans, this young man would not make a decision at the moment.
After figuring out this section, Charles also stood up and said goodbye freely, and said: "I will further modify the plan after I go back, and I believe that the efficiency of Union Bank will satisfy you." In addition, I will send someone to complete the futures delivery process, you can rest assured. ”
"Of course." Huang Xuan shook hands with Charles with a mature face, and after seeing more of his mother's workplace style, Huang Xuan also learned unconsciously.