Future chat group - Chapter 846 A wise move?
“It depends on the nature of the project. For the time being…” Lei Hao thought for a moment and said, “If circumstances permit, I can accept the transfer of business.”
Huh? Qin Yu’s face clearly showed an expression of surprise. He thought Lei Hao would refuse directly.
Qiu Yuting put on a reserved smile. She knew her man very well and did not believe that Lei Hao would give in.
As expected, Lei Hao had a pleasant smile on his lips and said: “To look at things more simply, the central bank invites bids, and then we bidders secretly join forces to make our own money, right?”
Qin Yu and Qiu Yuting couldn’t help but their eyes lit up.
Lei Hao was also a little proud. This is because character determines destiny.
How could people like Qiu Yuting and Qin Yu dare to scheme against the central bank, but Lei Hao was different, he dared.
Aren’t you going to do some business? Aren’t you going to find a subordinate organization to do some work? Then the old partners, that is, state-owned financial institutions, bully others. But on the other hand, as long as the conditions are right and I accept the cooperation proposal, won’t I be able to get better conditions than after competition?
Come two or three times. If the central bank allows it, then continue. If the central bank does not allow it, then it will definitely make corresponding adjustments to make the rules of the game fairer. No matter which direction things develop, it is acceptable to Lei Hao. of.
As long as you dare to think, things are actually easy to solve.
“Tiger, I have to say that you are too courageous.” Qin Yu also figured out the matter, shook his head and said: “You are the one who dares to treat the central bank as a cooperative institution.”
“Be strong without desire.” Lei Hao smiled and said: “I don’t expect to get the full support of the central bank, so I don’t have to provide it, and my mentality will naturally be better. Moreover, the central bank is a central bank after all, and she has her own mind. “
Central Bank of China, these four words represent a kind of responsibility. Deep down in his heart, Lei Hao admires the staff of the central bank.
Because they are the elite among the elite, they could have obtained more benefits, but they chose to work at the Central Bank of China. They gave up the opportunity to make more money and stood at the helmsman of China’s financial development.
Since the founding of the People’s Republic of China, there have been constant scandals in financial institutions, but they rarely appear in the central bank, because when you get there, you know that you have the responsibility of the country on your shoulders and that China’s money bag is under your control.
The central bank has the mind of a central bank. As long as it is beneficial to the country, even if it is calculated, they will laugh it off. For example, Wang Huachen did not pursue Lei Hao’s presumption, and Yuan Jigong admired Lei Hao’s acting style. They all have unique personality charms. Financial executives.
“Maybe there are some rat droppings, but overall, that place is a bit magical.” Qin Yu’s tone was bitter with a hint of admiration, and he obviously felt something.
Qin Yu’s invitation can be regarded as the initial contact between Lei Hao and China Construction Bank, one of the four major banks. It also represents the consistency of the general direction of both parties, but specific negotiations still need to wait until the situation becomes clearer.
The next day, Lei Hao received relatively comprehensive information as expected. The Reserve Management Department of the State Administration of Foreign Exchange sent a signal to Lei Ting, hoping that Lei Hao would participate in a project cooperation of the Reserve Management Department, and specifically marked the confidentiality level.
This is a form of incorporation. U.S. institutions are identified by joining the list of cooperative institutions of the Federal Reserve, while Chinese-funded institutions are characterized by participating in projects of the Reserve Management Department of the Foreign Exchange Bureau of the People’s Bank of China.
The Reserve Management Department of the China Administration of Foreign Exchange is the largest asset management institution in the world, with peak assets of 4 trillion U.S. dollars and current U.S. dollar assets of over 3 trillion U.S. dollars. As long as the numbers are revealed, ordinary people can only sing the praises of conquest.
Participating in this cooperation mechanism may not bring you many benefits, but it means that the ceiling has been broken. You can open up the channels of the largest asset management institutions, and you can get corresponding information sources. Many variables in the market can Reduce or even transform into a definite quantity.
Lei Hao finally knew the detailed information and understood why the central bank gave Lei Lei a chance, because… the central bank wanted to increase its position in Thailand’s national debt, with a commission size of 20 billion baht.
In other words, part of the huge US dollar assets were liquidated and exchanged for Thai government bonds.
From an investment perspective, it is difficult to say the probability of profit or loss in this matter, which involves factors such as exchange rates, interest rates, market changes, etc. However, from the perspective of political factors, it is very easy to understand. If I want to take your national debt, I will give you money. China’s intention to support Thailand is obvious.
Maybe when the Thai baht appreciates against the US dollar or against the RMB, this project can make a profit, or it may depreciate relatively and cause a loss. But in any case, the Thai authorities will benefit, and the money will be used for infrastructure construction, or even secretly. It is said that it is very beneficial to use it to trade with China.
From China’s perspective, when I buy your treasury bonds, it is equivalent to injecting a short-term “surplus-like balance” into you. You can develop, and then my investment in you can get a market with a good trend.
Furthermore, as China holds more assets in Thailand, the recognition of RMB in the Thai market will become higher. It is even said that branches of Chinese-funded institutions in Thailand have a wide audience and recognize RMB transactions, so Thais can directly use RMB for transactions. Traded.
A small adjustment in a chess game can reveal the mutual attitudes between countries, and can also predict and analyze some development trends in the corresponding markets.
Disclosing the news to everyone is a form of support from the Chinese central bank to informed Chinese financial institutions.
There is no need to wait for the project to be confirmed, the Thunder can immediately hold a meeting to discuss relevant changes.
“20 billion baht is less than 600 million U.S. dollars, but it is equivalent to 3% of Thailand’s foreign exchange reserves. Thailand’s national debt totals only tens of billions of U.S. dollars, and the central bank may not be able to move more than that.”
“In other words, release Thailand’s ability to intervene in the market and release liquidity in specific areas? So, the capital market is improving and the national debt is falling?”
“Perhaps the market can digest the funds released so that interest rates will not rise? As long as the economic conditions permit, Thailand will be interested in injecting some funds and liquidity into the market. In that case, this transaction does not seem to be a loss. .”
“There is another possibility that the Thai baht appreciates, because we buy Thai baht bonds, not US dollar bonds, which will have a greater impact on the local market.”
“The most important thing is how we compete for this business, and I like that certainty.”
On December 5th, although the confidentiality level of this news was very high, precisely because of this, the insider had a huge information advantage. Thunder’s research and analysis department was suddenly bustling with activity. Leo, Tao Liyu, Xiang Yongze, Xia Yi Bei and other people who were qualified enough to know what happened were also full of excitement.
The country’s foreign exchange reserves are interesting to move a little. This is a certain amount. Under the derivation of this certain amount, information in many related fields can be adjusted immediately, and Thunder can even increase its investment in the Thai market accordingly.
As expected by Lei Hao, because of enjoying this convenience, everyone in the group immediately wanted to continue their advantage. Lei Hao had better win this order.
“No spread! No matter the cost!” Lei Hao instantly felt that it was a wise move for him to agree to cooperate with CCB.