Future chat group - Chapter 845 Appeasement
“Qing Yu is not qualified to compete for this opportunity.” A sad look flashed across Qin Yu’s face and said: “Actually, looking at the whole of China, you, Tiger, have the best chance of accomplishing this. Hanlong, Taihe Will not work.”
“I know.” Lei Hao accepted the compliment without hesitation.
A country’s foreign exchange reserve asset management must be a large institution that can participate, and you must have channels and capabilities in the international market.
Institutions such as Qingyu, Hanlong, Taihe, etc. can go to the international market to purchase securities and other operations, but even a fool can see that there is something weird. You have never touched the international market. What does it mean that you suddenly appeared?
Lei Hao is different. He owns Thunder Financial Group, KH National Bank, Asia Finance Investment, and LEI. Even if he trades directly in the U.S. market, others will think… maybe it is requested by customers?
Even if others didn’t think so, Lei Hao turned over his hands and said that he wanted to establish several stable investment funds. He would immediately have channels and reasons to do things, and he also had HSBC, Ketak, Standard Chartered, Prudential, and even Goldman Sachs. , Morgan and other international financial institutions provide either covert or public channel resources.
When it comes to capital operations, Lei Hao dominates the country and even overlooks state-owned financial institutions.
Qin Yu also knew this, but what he knew better was that if Thunder got this business, they would basically lose money and make money.
“This is just a little bit that surfaced.” Lei Hao could only worship the country’s strength.
The structural layout of foreign exchange reserves is quite mysterious to Lei Hao. He doesn’t even know how many state-owned capital vests there are among Lei Hao’s clients.
For example, the central bank entrusts a state-owned institution to operate a matter, and then the next-level state-owned financial institution puts on a vest and directly entrusts the business to Thunder or other institutions. Then, the securities stay in Thunder’s account, but the ownership is Trust it to a third-party organization, and finally, this complex chain is formed.
The central bank, state-owned institutions, vests of state-owned capital, Thunder, third-party custodians, and third-party custodians are also subject to supervision… Who can figure out the way inside?
Only by participating can you obtain more information. From another perspective, only by participating in more businesses can financial institutions see the market more clearly.
The central bank has released this signal because it wants to promote financial marketization and raise the development ceiling of private financial institutions like Thunder.
“Leihuang is currently not qualified to undertake the business of the Administration of Foreign Exchange.” Lei Hao said: “At least judging from the rigid regulations, Thunder cannot even produce a report for a complete fiscal year.”
First confident, then modest. Lei Hao’s speaking rhythm also matched Qin Yu’s. He knew that Qin Yu must have a purpose in telling this news.
Although he didn’t know why Qing Yu knew the news, Lei Hao also believed that even if Lei Ting learned about it later, it wouldn’t take long, so Qin Yu actually didn’t have much advantage in time.
And Lei Hao also knows that his company is not qualified to undertake these businesses. Thunder was founded last year, and this year has not completed a full year. It can’t even produce a complete fiscal year’s report. How can you ask the central bank to review your qualifications? ?
“Didn’t Mr. Su acquire several institutions?” Qin Yu blinked and said, “Then he has obtained some qualifications.”
“Moreover, Lin Xing’s influence on the Foreign Exchange Bureau is quite sufficient now.” Qin Yu said with a smile again.
Lin Anxi is a die-hard friend of Lei Hao. The Thunder has too many ways to bypass some rigid regulations. The central bank will definitely turn a blind eye. For example, it will provide some interest spreads and find qualified state-owned financial institutions. Institutional cooperation.
Qin Yu aimed at the same thing. After thinking about it, he continued: “Tiger, are you interested in cooperating with other banks?”
“For example?” Lei Hao asked.
“CCB.” Qin Yu smiled bitterly and said, “I won’t hide it from you. Qingyu has some cooperation with CCB, and I have some connections there. So, someone asked me to ask you if you can accept this model?”
“Buy the tickets.” Lei Hao sighed and pondered, but did not continue to speak.
Qiu Yuting didn’t speak at the side, but her heart was full of helplessness.
The thing is very simple. This was originally a piece of meat in the mouth of state-owned institutions. The four major banks and other state-owned institutions basically regarded this matter as political achievements. Occasionally, some private institutions came in, and the impact was not big.
But this time, the country is promoting financial marketization, and the central bank seems to have opened wider channels, which involves disputes over interests.
It was originally a business field for our country’s state-owned institutions. If a competitor suddenly comes, we must do our best to suppress the competitor first.
For institutions such as the four major banks, they have a natural advantage. They can undertake such business at a loss. They are state-owned institutions. Things between state-owned institutions and state-owned institutions cannot be explained clearly in terms of profit.
What is important now is to establish rules. The meaning of state-owned institutions is very simple. They want to establish rules so that latecomers can only get business from them.
In other words, if something like this happens in the future, the central bank’s channel will remain at the level of the central bank to other state-owned institutions, and a new level will be opened, that is, other state-owned institutions to private financial institutions.
To sum up, it is just a second-tier dealer. I will first get the project from the central bank, and then allocate it to your private financial institutions to do it.
you are not willing? Then don’t blame me for hurting others with my own money. Anyway, my requirements for profits are not as high as yours.
“These damn guys.” Lei Hao thought for a moment and figured it out. He immediately laughed and cursed: “You are really good at bullying others with your power.”
“Who asked us to be a state-owned institution?” Qin Yu spread his hands, feeling helpless, but then said: “We have no other way.”
“Yes, there is no other way.” Lei Hao continued to sigh.
In China, private and state-owned enterprises are treated in two different ways. No matter how rotten the meat is in the pot, you may not spit it out if you eat it, so there is no fairness at all.
But as it happens, the central bank may not like the way private institutions give in.
Even though I have thrown away all my things, if you are still so “unwilling to make progress”, then don’t blame me for not giving them to you in the future.
This is what state-owned institutions are trying to do. Either they have to make do with one meal, or they starve each other without giving you anything to eat.
“One monk has water to drink, but two monks have no water to drink.” Qiu Yuting said the analysis conclusion to the point. She was also very curious about Lei Hao’s answer, but she already had a premonition.
Lei Hao is not someone who is easy to manipulate. Things need to be done to open up the ceiling of the institution, but profit cannot be missing. Without profit, financial institutions will have no place to survive, even if… they just make some hard money.