Tang Yi heard Huang Xuan''s voice and turned around with a smile
"Huang Xuan, can''t sleep at night
Have you eaten yet
" He liked the child, young, successful, and seemed to have a talent for speech
He was not as stubborn and self-righteous as a child who had been less ambitious for many years
" Let them give me a steak and drink two bottles of coke
" Huang Xuanxiao said," it''s just a little small
I heard there''s a sauna on the seventh floor and I want to try it
Of course, langting''s sauna isn''t like some small streets in the country, but tang yi waved her hand with a smile and said in greek: "I can''t do it anymore
I''m getting old, and the sauna is too tiring
Well, I''d like to introduce you to a friend of mine, Mr
Kerrey Minos from greece
He''s in charge of Onassis''s property now, but he''s going to hand it over to someone else
" He had apparently heard from Huang Xuan''s parents that Huang Xuan knew greek, and the last sentence was obviously a joke, just like Tang Yi''s usual style
He knew that Onassis was the legendary greek ship king, but he had been dead for 30 years
Since there was no heir, his property was separately supervised by four greek businessmen, waiting for his granddaughter to come of age
Recalling the rumors heard in the family, he smiled and shook hands with Kerrey Minos, saying in greek: "Hello, Mr
Kerrey Minos
This is Huang Xuan
" He looked at Kerrey Minos suspiciously and said," have we met somewhere
"" That unforgettable wood factory in Brazil
" Kerrey Minos laughed
It suddenly occurred to him that the chubby greek businessman, It was Galadia''s uncle, the timber merchant from greece
However, due to the attack from the traveler, he left without leaving any contact information
After that, he was busy and never had a chance again
He touched his head and smiled sheepishly," it was too messy at that time, and his impression was blurry
" It was a bad lie, but it worked
Tang Yi put his hand on the shoulders of the two of them with a smile and said," it''s good that you know each other, Xiao Huang
I didn''t expect you to have a wide range of friends
" His last sentence was said in chinese, and the word" Xiao Huang" echoed both father of Huang''s" old huang" and the chinese people''s eyes
It was similar to the names of" friends of mankind" in the village and alley
This made Huang Xuan scratch his head and change the subject
" Where is uncle Tang going
" Kerrey Minos was not unhappy at all because they spoke in chinese
When she heard Huang Xuan''s question, she replied naturally: "Do you know the Dole Chester hotel
The chinese restaurant chinatown has a good reputation there
I have been famous for a long time
When I heard that tang yi was here, I wanted to invite him to have a taste and help me order
" He said, patting Huang Xuan on the shoulder, like an elder, and said," how about you come with us
"" All right
" Huang Xuanxiao responded
He suddenly missed Galadia very much
Although the longing was no longer as intense as the initial emotion, his pounding heart told him that the fashionable blonde was still luring him
The owner of china tang was david tang of the chinese restaurant in Shanghai
He had worked hard for many years to build this chinese restaurant into the most famous and expensive chinese restaurant in london
On the way, Tang Yi said in his characteristic 1
5 degrees up tone: "If it weren''t for Kerrey Minos''s treat, I would never have come here
Beijing roast duck costs 280 pounds each
I can''t afford it, even if I spend it on public funds
" She almost spat out the tea in her mouth and took the menu from the waiter
The mar-boh tofu on it was 35 pounds and the pot sticker was 22 pounds
Yang cho fried rice (Yangzhou fried rice) is 79 pounds
In the simplest way he could think of, it would cost him 100 pounds for a Yangzhou fried rice and a dish like lavender soup
If he wanted a cup of oolong tea while waiting, he would have to add 50 pounds
The problem solved in 10 minutes in a small chinese restaurant actually cost him more than 1,000 yuan
Huang Xuan grinned and returned the menu to the waiter
" Fortunately, I was used to being butchered
I didn''t expect our butchering process to develop to the whole world
"" It''s a good thing
" Tang Yi looked at the menu and said," it''s enough for the french to have a set meal for 5 francs in the country
We can still have a french meal for several thousand yuan
These restaurants use food as art, and the price bureau also said that high-end restaurants are allowed to raise the price appropriately
" He laughed as he spoke
He was not too relaxed
After all, the people present were elders, and he only smiled in his heart: this uncle Tang is really a state department series, and he never forgets the price bureau
On a foggy night, the streets were empty and the air was still fresh
With 500 yuan for each cup of oolong tea and 200 yuan for each soup bag, she was quite contented - even at home, a meal rarely cost more than a thousand yuan
Mother of Huang was a good housekeeper
She could always remember the dishes that her husband and son liked, but she didn''t waste them on purpose
Whether it was in the The huang family or the The zhang family, extravagance was far less common than that of foreign aristocratic families
Kerrey Minos and Tang Yi chatted casually, sometimes in greek, and more often in english
Tang Yi''s greek could only be used for daily conversation, but it was also good for the domestic environment
Compared to the professors who studied the history of ancient rome, but whose papers were full of grammatical errors, he was still connected with the world
Greek was no better than tang yi''s
These days, he occasionally learned some english, mainly inspired by Cai Wenji
This talented beautiful girl had memorized a concise english-chinese dictionary without the help of the base
Huang Xuan almost thought that she had met an immortal
Of course, memorizing a dictionary does not prove a person''s language ability, but it can prove his ability
For a woman as amazing as Cai Wenji, she could recite 5000 words in a week
She had been trained to memorize two articles a day since she was a child and worked hard to eat a plate of 289 pounds of honey sauce barbecue (b
B
b
Q)
Pork), Huang Xuan raised his thumb and said," this barbecue is authentic
Mr
Kerrey Minos, try it
" He cursed in his heart: in Nanjing, about 40 yuan is enough
Kerrey Minos smiled and picked out a piece with a fork
He turned to Huang Xuan and said," A lot of people tell me that your Hexin industries is doing well, but I don''t understand why you want to buy an energy company
As far as I can see, the profit in the power sector is declining year by year, and Brazil is even more prominent
What''s your future direction
" The so-called" many people told me" was naturally Kerrey Minos''s catchphrase
When he said this, huang xuan, who was focused on barbecue, was stunned and blurted out," agriculture
"" Agriculture
" Kerrey Minos thought about it and asked," do you want to focus on the Shengfeng company
"" Yes
" Huang xuan put down his chopsticks and put his hand on the table
I personally think that the use of biological energy and the increase in population in underdeveloped areas require a large amount of food, but now many areas are trying to improve the quality of agricultural products, as well as the price
I don''t think doing so will necessarily bring high profits, especially in the case of intensive production
And
" He looked at Tang Yi and said," it''s not good for people''s livelihood
" Tang yi nodded with a smile and said," at such a young age, being able to say the word" people''s livelihood" is much better than my son
" Then he prayed in his heart: I didn''t do it
I only transported tens of thousands of tons of grain
Kerrey Minos nodded in agreement and said: "Brazil is a good place to develop agriculture, perhaps the best place on the planet
With the support of the government, large farms, and countless land to be cultivated, it''s very good
" Listening carefully, he continued," you know, I''m still young, so I want to get in touch with all kinds of companies, and buying furnas is just a try
Although I''m not doing well now, it''s always profitable
" He said with a smile and said," I also think Brazil''s advantage is still agriculture and livestock
I recently bought thousands of horses, and I want to develop in this direction
"" Animal husbandry is a systematic project
Many people tell me that it is much more difficult to raise a horse than to run a factory
Sometimes I feel the same way
" Kerrey Minos said as he shook the tea leaves in his cup
" But in my opinion, there are too many types of companies in your company
There are almost no intersections among storage companies, power companies, and agricultural companies
This will increase the operating and management costs, and you put them in a group
" The so-called ginger was still old and spicy
Huang Xuan knew that what he did, intentionally or unintentionally, was very ridiculous in the eyes of many managers, but the actual profits he got from these nonsense far exceeded what people in this era thought
But now, he still looked ashamed, nodded and said," I was a little anxious at that time
" Kerrey Minos smiled understandingly and said," I just want to introduce you to a few managers
" He looked at Tang Yi and said," You know, in the past few years, a lot of famous companies have gone bankrupt
At that time, I recruited a lot of people under my company
But in another six to one year, I will hand over the responsibility of supervision
I''m afraid a lot of excellent people will be difficult to stay in Onassis''s company, and you are one of the people I know
The youngest and most promising one, so I want you to sell them
"" I really need some professional managers
" Huang Xuan thought of several subsidiaries whose operations were getting worse and worse, rubbed his lips and said," well, we''ll talk about it when I get back home
"" Ok
" Kerrey Minos smiled and shook hands with huang xuan, who pretended to be relaxed and said," the last time we met, how is your niece, Galadia
I didn''t leave her contact information
"" She''s been very busy lately
" Kerrey Minos smiled strangely and said," she has a lot to deal with
I''ll pass your greetings to her
" Shrugging his shoulders, he said he knew, but it was hard to say anything
The next day, it was a busy and busy day
Huang Xuan did not go to christie''s auction
He stayed in the building all day, playing with Merry Weather''s heartbeat
This gesture made Tang Yi very fond of him
He mistook huang xuan for handing over all the rights to him and naturally expressed this feeling in his heart
It is a simple and commonly used method of money laundering to auction anonymously and then bid by oneself
In the investigation of such cases, interpol usually encounters obstacles in identifying the auctioneer and bidder, while Tang Yi, as the middleman, is almost undetectable
As it was a set of auctions, the speed of the auction was very fast
Tang yi used more than 30 million yuan of cash in his hand, plus the 300 million dollars that Huang Xuan gave him, and got 80 % of the auction items
The rest were mostly Bamboo slips, which were of low value or had too many duplicates
The british media also exclaimed that the" government" of china''s cultural relic protection had increased
Just as Tang Yi was besieged by many media outlets, Huang Xuan''s eyes were glued to the screen until they were sore and sleepy
Leslie, who was reluctant to give up, was forced to increase his financial leverage from 20 times to 30 times because Fu sheng securities could not provide more capital
While he was doing more, Merry Weather and many wall street groups were lurking behind him, slowly estimating the bonds
Buying and selling bonds is unfamiliar to many people, but in fact, in the international market, most of the hedge funds are aimed at buying and selling bonds
Bonds include" government" bonds, corporate bonds and so on
For example, china''s national debt is a type of" government" bonds
For example, the us government issues bonds every six months for a period of 30 years
The us government bond is the least risky investment vehicle - the chinese government is also buying the bond - so after six months or more of issuance, investors put the bonds in a safe and hold them for a long time, and as the 30-year bond circulates less and less, Bamboo slips''s trading became more difficult, so on wall street, there were 29 years before the maturity date and 1 / 2 of the old bonds were called" non-current bonds," while the newly issued bonds were called" current bonds," and the market generally believed that the value of the non-current bonds was relatively low
This raises a problem
You can buy bonds that are not current at a lower price, so you will get a higher yield, but in fact, the" government" of the united states will not pay even a penny more for these six months, so the market actually deviated
When this deviation is large enough, the carry agencies will enter, and for them, 10 basis points is enough
Although in the eyes of most people, a 1 % profit of $ 1,000 is only $ 1, for an institution that uses financial leverage, $ 1 billion is a bet of $ 1 million
Not only will american" government" bonds encounter such problems, but many corporate bonds, or other" government" bonds also have the same problem, such as china''s national debt, in the world, all kinds of bonds, the daily transaction volume of more than 170 billion us dollars
Leslie also chose a few less liquid''sex'' bonds, but fusheng securities was not a hedge fund - in theory, buying $ 1 billion of current and $ 1 billion of non-current bonds was only 1 / 25 of the risk of buying one of them - so, When Leslie made the decision to leverage 30 times, his risk increased by more than 1
5 times
He bought a total of $ 4 billion in bonds
From a financial point of view, Leslie''s choice was not wrong
These bonds would definitely return to normal, but before that, he would lose one-tenth of a million, or $ 400,000, for every basis point that the bonds fell
Similarly, as long as he could endure until these bonds returned to normal, he could earn $ 400,000 for every base point he raised
For ordinary corporate bonds, 10 % was a dividing point, and now the price had fluctuated to 16 %
Leslie was holding back all his energy and wanted to make a big profit
Lorraine''s role was to choose the right time to cut in, then exit at the right time, then enter, exit, and always interfere with these bonds, delaying them back to 10 %
Leslie didn''t have enough money to go against the market, but Leslie had less
Fu sheng securities had 200 million dollars, and now there are 140 million left
This is its limit
Just a month ago, Merry Weather''s jm had only 150 million dollars in principal
" Pull these bonds up by two thousand points
" Huang Xuan thought to himself that Leslie had entered the market at a position of almost 12 %, lost 2 %, or $ 4 million, under 20 times the financial leverage, and then increased the financial leverage - this was because the soybean oil bill that huang xuan sent consumed the capital, and under 30 times the financial leverage, He lost another 2 %, of course, because the loss rate was calculated according to the total amount of the bonds, he also lost 4 million us dollars, so that his loss was already more than 8 million us dollars, but because Leslie bought the array bonds, for a single bond, such as the current volkswagen company, The deposit was already at the bottom
The so-called margin, simply put, is the money that an investor can guarantee that the bank will not lose when he makes a loan to the bank
In other words, when you make a profit, there is no problem, but the money that you lose must not exceed the money that you have
Once you reach the bottom line, The bank would take back its money
Therefore, the margin system was a system of magnifying profits and losses
Merry Weather did not understand why Huang Xuan always knew Leslie''s bottom line, but he would never ask this question
On wall street, everyone had their own secret path
He arranged the time for the funds to enter, walked to Huang Xuan and said," if he is forced to close his position this time, the bank will definitely ask him to increase the deposit
"" What if he can''t
" Huang Xuan asked knowingly
" Either he has to forcefully close a few of his positions to fill up the rest of them, or he has to evacuate all of them now
According to the current situation, the latter will lose 15 million us dollars, but the loss is manageable
" He smiled and said," if he was the boss, he might have done it, but he wasn''t
" Merry Weather nodded silently
This is a game that every trader will encounter
You know it''s risky to keep going, but you have to keep going, because the boss can''t tolerate the loss now, which is equivalent to saying, keep going
The only thing that can stop this madness is the possibility of keeping your current position and salary
Only industry records
Leslie obviously chose to continue
He was a senior partner of the Fu sheng securities
If he failed, without this partner identity, he would be difficult to become a partner or an employee of other companies
His choice was more direct than ordinary traders
" Quickly pull up the remaining few bonds
" When Lorraine heard Merry Weather''s call, Huang Xuan immediately ordered that a large amount of shorting money seriously affected the trend of these bonds, they rose by 3 % in just a few minutes, these are not american" government" bonds, 10 billion us dollars is enough to pull them to a high of 20 %
No matter how stupid Leslie was this time, he knew that someone was sniping at him
In fact, any securities company could be sniping
Sometimes it was intentional, sometimes it was unintentional
You can''t forcefully close your position because someone is doing the same bond with you, so he didn''t really care
Now that the bank''s ultimatum has been issued, one of them has been forcibly liquidated, and Huang Zhengsheng has been furious
$ 140 million in assets is nothing to Huang''s fund, but $ 140 million in cash is very important
What''s more, the Fu sheng securities is highly likely to go bankrupt because of this, and the hasty investors will withdraw their funds in a frenzy
The chain reaction will destroy the funds that are operating in the long run
If this happens, Huang Sugui''s assets will lose more than 400 million us dollars, and, Not only will he no longer be able to illegally transfer funds, but he will also be in deep trouble because of past records
For the operation of the overall capital chain, such a thing is a disaster
Leslie had already lost his face
He pushed Huang Zhengsheng away with one hand and said," I am a senior partner in the Fu sheng, so I have the right to decide what to do
" He ordered," close positions 776 and 921, and put the remaining money into other positions
"" You''re crazy
" Huang Zhengsheng almost roared," what if these bonds continue to rise
This is an increase in losses
"" We''ve already lost 25 million, 20 %
Sir, what''s the difference between losing 10 million more to this company
" Leslie didn''t even look at Huang Zhengsheng
The latter was speechless
Yingzheng 21st floor
Shaking hands with mali weiser, he smiled and said," I''m going to Brazil this afternoon
I''ll leave the rest of the work to you
" Merry Weather nodded in agreement
In the investment world, there are many ways to withdraw funds that have been tied up
He used the most skillful method, which was naturally the gradual shorting method proposed by Merton in the" risk-free carry model
" For example, starting with the withdrawal of 30 yuan and gradually shorting positions of 29 and 3 / 4, 29 and 1 / 2 could minimize the loss
As a trader, Merry Weather was also very impressed with Huang Xuan
Many wall street people had access to insider information
Those who could use this information without changing their faces lost 50 million us dollars just to make others lose 100 million us dollars
It was the financial giant that really suited wall street, but he didn''t understand that Huang Xuan''s foundation was ultimately in the The huang family, and fu sheng securities was Huang Sugui''s personal bank
The" bank" went bankrupt, and Huang Sugui''s capital chain was about to tighten, and this was the first step to breaking it
Kerrey Minos will be staying in london for a few more days
Tang Yi is ready to return home with a smile of joy
When Huang Xuan says goodbye to the two of them, professor tang squints and says," don''t go to Brazil now just to play truant
" He smiled awkwardly and said," company business, company business
" Lorraine shook his eardrums and said," Pawn Wei will arrive in St Paul at 9 am tomorrow
Our arrival time is 1 pm
There are currently 12,000 tons of various foods in the Caprice warehouse, including wheat, corn, and soybeans
In addition, your favorite weapons are in the base
"" You should like weapons
" Huang Xuanxiao waved at Tang Yi, turned around and got into the car
" Weapons are for your own protection
They are necessary for plane travel
"" If it''s a biological weapon, I''m not against it, but in fact, the metal weapon you''re carrying has no advantage other than the fact that it doesn''t consume energy to''shoot''
"" That''s the advantage
" Huang Xuan smiled and said," a little advantage is also an advantage
We''ll talk about it when we get to the airport