Chapter 144: Growth (7)

The London Stock Exchange (LSE) is the world's third largest securities trading center, it not only trades stocks, but also trades including "government" bonds, national chemical industry bonds, Commonwealth and other foreign "government" bonds, local "government", public institutions, bonds issued by industrial and commercial enterprises, of which foreign securities account for about 50%, there are a large number of fund companies here to take root, and for listed companies, entering the London Stock Exchange means entering the international financial world.

Fusheng Securities is also such a fund company, which is not well-known on Sweding Street, but it has more than 100 billion US dollars in funds through this company every year.

Of course, more than 99% of the money does not belong to it, and most of the remaining 1% also belongs to more than 20 partners - most of them are traders of the company.

On the 16th floor of the British Securities Building, senior partner Leslie is having a heated discussion with Huang Zhengsheng from China. Leslie is a tall Englishman with a hooked nose, he owns 10% of Fusheng Securities, and is the largest shareholder except Huang Sugui, and he is emotionally said at this moment: "Mr. Huang, we need additional funds, and we can't give up at this time." ”

"I know." Huang Zhengsheng said dryly: "We can't come up with money, we don't have money, do you understand?" ”

Leslie was in a hurry in the room, clasped his hands inward, and made a puzzled gesture: "Could it be that if we close the position because of insufficient margin, who will bear this loss?" ”

"It's the result of your blind expansion."

"But you're siphoning off the funds." Leslie fights for every inch of land.

"This is a deal that has already been confirmed." Huang Zhengsheng said word by word: "Three months ago, you knew that we would pay 80,000 tons of soybean oil in mid-August, and you bought $200 million in bonds at this time, of course, it is your problem." ”

Leslie shook his big nose and said negatively: "80,000 tons of soybean oil, only 60 million US dollars, how can it affect cash flow?" And you can drag it out. ”

Huang Zhengsheng sneered and said, "Mr. Leslie, your financial leverage has been 20 times so much, and $60 million is enough to be used as $1.2 billion, which of course affects our cash flow." ”

"I'm talking about the margin." Leslie was a little annoyed.

Huang Zhengsheng continued to quarrel with him, and scolded Huang Xuan in his heart, sooner rather than later, the 80,000-ton soybean oil contract was completed, and they didn't dare to default on the payment, worried that Huang Xuan would go to check the company's background, and Huang Sugui had just announced the shrinkage of the subsidiary enterprises of each house, so it was also a troublesome thing to transfer money from China.

Coincidentally, Leslie took a fancy to the 2-year debt-to-equity swap bonds of several American companies at this time, these bonds are in large fluctuations, he originally wanted to make a profit from it, but he did not think about it but lost it, and now it is unrealistic to withdraw away, but to continue to add margin, but the financial constraints of Fusheng Securities.

At this time, Huang Zhengsheng, of course, could not tell Leslie that his biggest boss could no longer come up with cash to make up for the company, so he could only persuade: "We still have time to close the position now, since we have no money, we will quit." ”

"As long as you wait another week, there are indeed people who don't like its low liquidity, but there are also people who like its debt-to-equity swap." The so-called debt-to-equity swap means that after the maturity of the bond, it can be converted into a stock in accordance with the requirements of the contract, and for stocks with insufficient liquidity, this "characteristic" will increase its value.

Huang Zhengsheng still shook his head, and several other partners watched the two quarrel fiercely, and they were reluctant to come up and "interject", until the evening, the two did not solve the problem.

……

At the Langham Hotel in London, Huang Xuan and McLiwether gently clinked glasses and said: "It's still your old methods, so that Leslie can't eat, he is reluctant to vomit, and he is disgusted to death." ”

I don't know how Lorraine translated this sentence, but McLiwether smiled knowingly and said, "It's all because of the accuracy of your information, and you actually knew about their board meeting in advance." ”

“NO，no。” Huang Xuan shook the red wine in the cup and said with a smile: "It's your analysis that is accurate and your analysis wins." ”

Both laughed.

Huang Xuan looked at the sky and said, "I have to participate in an auction tomorrow, so I will go to bed early, and the rest will be left to you." ”

"No problem." With an inexplicable excitement, Mielweyser drank all the red wine in his glass.

The past day was a day of excitement for a trader, and because of the accurate prediction of the floating range of several bonds, McLiwether devised a complex and easy-to-run model, based on which JM silently sniped the bulls, including Fusheng Securities, and before the market closed, McLiwether couldn't help but laugh heartily when he found himself behind him with a large institution such as Merrill Lynch taking advantage of the fire.

Thinking about the next few days, Myriwether was a little impatient.

Huang Xuan just kicked his slippers and watched the DVD in the room, today's victory is normal for him, even the most complex securities market, if you can get 95% accurate information, it will become transparent, not to mention, the price paid today, he doesn't want to remember.

A full 600 can be toned, just to lure Fusheng Securities into the urn, he didn't even get the benefit of 1 "cent" money, thinking about the next few days, he shuddered.

"Your heartbeat doesn't seem normal." Lorraine's voice was abrupt.

Huang Xuan was startled and scolded: "Don't suddenly talk when I'm watching a ghost movie." ”

"Don't you think the energy consumption of these two days is too great?"

"It's a little." Huang Xuan shrugged his shoulders and said, "But now there are many more buffer belts than before." ”

"It's only 3,500 more." Lorraine said flatly: "It is estimated that Mr. Dian Wei and the two ladies still need to consume 300 energy tons before they can integrate into this society, if you continue to give Mr. Meliwether information, the continuous consumption may exceed 1000 energy tons, and the simple calculation is that after about a week, the energy of the buffer zone of P112 will only be 2200 energy tons more than the original, even in the space-time desert zone, this is not a safe number." ”

"I know what you're trying to say." Huang Xuan turned off the TV, lay on the bed, and repeated with a sad face: "I know what you want to say." ”

"The level 22 key I got from that Zhu Xiankui, I've checked it and want to know what it is?"

"Whatever." Actually, Huang Xuan was a little curious.

"A new plane coordinates, at least before T1000, is interesting."

"You don't take risks." Huang Xuan sat on the carpet and said, "Why do you have to use this key, we can transmit it directly, and the T1600 will be very good in the future." "With the key, there is a high probability of meeting the traveler, and he was not assured that the travelers are friendly.

"Going for a random swim in the Atlantic?" Lorraine said with a sense of humor: "Why do people use keys now? It's because of security, believe me, a place that is willing to make a key for a coordinate is always very profitable, and moreover, the time you can stay with the key is a lot more, the current state of the base, you can only stay for about 10 days, what do you want to do in such a short time? ”

Huang Xuan knew that even if he was not a pure traveler, he would not be able to get rid of such a job, so he simply shook his arm and resigned himself to his fate: "You actually care more about profits, don't you?" What do I need to prepare? ”

"Food is a good trade, you can take Dian Wei with you, so we can save money on densely woven metal, and preferably don't bring sniper rifles......"

As soon as Lorraine said this, Huang Xuan interrupted him and said: "I don't mind paying $10 million for a time and space trip, and you have to check the ticket when you take the train, let's be fully prepared." ”

"Okay then." Lorraine obviously had no intention of arguing with him on this issue, but said: "From the last situation, it seems that the price of food and other products is currently on an upward trend between planes, and I suggest carrying more of them, and if necessary, they can be exchanged for things with others as currency." ”

"For example?"

"Biological weapons, Nengton, whatever."

“OK。” Huang Xuan thought about it carefully, and had no intention of sleeping, so he simply turned over, called the switchboard and asked, "What projects do you have here at night?" ”

The switchboard was a soft-voiced British lady who quickly checked the check-in records and said, "Hello Mr. Wong, the Langham Hotel dates back to 1865 and is one of the most famous old-fashioned hotels in London. We have recently opened a ship-style spa (SPA) originating from China, which is very popular with Chinese tourists. ”

“SPA？” Huang Xuanyi shrugged his shoulders and said, "It's better to let me sauna directly." ”

"There is a bathing and sauna center on the 7th floor, which is Japanese."

"There it is." Huang Xuan hung up the phone, he lived in Langham's stylish suite, which was more than a step cheaper than the so-called largest eternal suite, but he came to London with Tang Yi, so it was better not to act too explosive.

The door was a corridor covered with a red carpet, and as soon as Huang Xuan walked to the elevator, he saw Tang Yi talking to someone, so he smiled and said, "Uncle Tang, are you going out too?" ”