Future chat group - Chapter 852: Opening a position in one day

In the final analysis, conflicts of interest among financial institutions are all caused by money, but in the process of development, sometimes it cannot be fully measured by just the word profit.

Thunder’s profitability is well-known. Lei Hao is not worried about this at all. In fact, the profit from the foreign exchange storage business is not much. Just looking at the terms of the contract between the Reserve Management Department and the China Construction Bank’s foreign exchange storage business department, the profit that the latter can get in the end is only 20 Around 10 points, plus the 20 points scored with the Thunder, a total of 40 points.

It lasted for at least three months and used nearly 600 million U.S. dollars. Compared with buying bonds, the profit earned was just over 1 million U.S. dollars more, which is not much for financial institutions.

But there are a lot of information resources obtained from it. One 600 million is only about two ten thousandths of the reserve, ten is two thousandths, and one hundred is two percent. If you can know With this information, you can understand the movements of the largest funds in the world.

What can be seen from Thunder’s purchase of 20 billion Thai government bonds from the Reserve Management Department is definitely enough to make a lot of profits. This is the point.

What everyone is fighting for is the right to speak in this field.

“Don’t let yourself lose money, just keep your gains and earn more than your opponents. That’s the way to get the right to speak. And…” Lei Hao thought silently in his heart: “It’s not like we don’t have hedging points.”

“Thunder must enter this field!” Thinking of the future situation of the integration of information and storage structure adjustment, Lei Hao couldn’t help but look forward to it.

This is the biggest actual hedging in the financial market. The capital movements of top financial institutions and central banks of various countries have formed the most intense wave in the financial ocean. However, people in the ocean can only analyze it through some undercurrents.

Given this opportunity, Lei Hao would be foolish to give up. Isn’t it just to settle the state-owned financial institutions? Compared to the gains, this difficulty is simply not a difficulty.

Shanghai Stock Exchange, China Construction Bank, Huizhu Business Department.

Zhao Weihua also enjoyed the calm before the storm. He knew that his side had the advantage, but he also knew very well that if he dared to slack off in the face of Thunder, he would be greeted by pits one after another.

“As long as it is a national bond, the price trend will not rise and fall frequently. As long as we seize a meeting point, it is certain to obtain greater profits. As long as we can obtain greater profits, I can prove that this path is feasible. Thunder and others Financial institutions don’t have the confidence to launch an attack.” Zhao Weihua felt that there was a heavy burden on his shoulders, but when he remembered that the famous Thunder Financial Group had to bow its head to sign a contract, he couldn’t help but smile on his face.

Large state-owned enterprises are so strong. China Construction Bank is one of the top banking companies among the world’s top 500 companies. Coupled with the fact that they are surrounded by several small partners who are eager to compete and cooperate at the same time, they are very confident.

“Even in terms of market analysis, what other institution can compare with China’s state-owned banks? We are always the main force!” Zhao Weihua is very confident: “If we get this business done, maybe I can move to another position.”

Other institutions are also eyeing the agreement reached between Thunder and China Construction Bank. The state-owned institutions are satisfied but also expectant. They know that the two Chinese-funded institutions will face more cooperation in the future and can gain more advantages and master more words. Right, of course, is a good thing.

What is strange is that Chinese private financial institutions such as Qingyu and Hanlon also feel satisfied and expectant.

What is satisfying is that even with the contract terms that Thunder has won now, everyone can accept it as a long-term model. What is expected is that if Lei Hao teaches CCB’s foreign exchange and reserve business department, then maybe institutions other than Thunder will still have to accept this. kind of contract, but the Thunder can have some say.

In the financial circle, if you are strong, you are right. As long as Thunder can teach CCB’s foreign exchange and savings business department, then state-owned enterprises are not without elites. They know how to do it. Lowering their heads and wooing them is a good way.

But…this matter is a bit difficult to handle.

Building a position is a very troublesome matter. The total size of Thai government bonds is tens of billions of dollars. If you want to buy a bond worth hundreds of millions, it is equivalent to 1%. It is not that simple.

Without bonds, you have no corresponding chips when participating in the bond market. You can do some transactions, but your ultimate goal is to hold bonds, so your range of actions is limited.

Unless you can quickly complete the position opening and then perform some technical operations to slowly gain profits, in the end those 20 points are no longer money.

However, Lei Hao soon proved how wise it was for the central bank to allow Lei Lei to participate in the foreign exchange reserve structure adjustment business.

On Thursday, December 14, a piece of information left state-owned institutions collectively speechless.

“Did Thunder get the bonds? This is impossible! How could it be so fast? Did they pay a premium? Or did they start building positions in advance?” After hearing the report from his subordinates, Zhao Weihua was really shocked.

This is a 20 billion baht deal, and you spent it in just one day? It’s a bit of a slap in the face, brother, my fastest record is ten days and a half.

“It is said that it was obtained from foreign-funded institutions.” Zhao Weihua’s subordinates also had indescribable expressions on their faces, including surprise, envy, and admiration. “Thunder’s fixed income department said that Mr. Lei came forward… and several Foreign-funded institutions said something.”

“Haha.” Zhao Weihua felt very hurt.

Lei Hao spoke to foreign-funded institutions and then obtained 20 billion baht in government bonds.

Thinking of how he sometimes failed to get bonds at the right price despite begging his grandfather and grandma, not only Zhao Weihua, but also many employees of state-owned institutions felt like they were bursting into tears.

Just looking at the different weights held by state-owned institutions and the Thunder in the hearts of foreign-funded institutions, one can see that it makes sense for Yang’s mother to like the Thunder.

Even among the four major banks, if you go to negotiate with HSBC, Standard Chartered, Goldman Sachs and other institutions, they may not give you face. They have seen through the attributes of Chinese state-owned institutions and do not need to cooperate too much with Chinese state-owned institutions. Therefore, , it is certain to strive for profits as much as possible.

The situation faced by Thunder is much better. Even North American financial institutions that have just entered the Korean market are not opposed to cooperation with Lei Hao. After all, LEI is still there, and consortiums such as Rockefeller have also begun cooperation with Fox and the others. Understand.

Everyone’s attributes are similar. They are all pursuing interests and are naturally on the same front. Lei Hao is also known as a financial wizard. It is very simple to give him face. Isn’t it just some bonds? Take it away if you want. If other places just let me go, I should be able to make money back.

“I completed the position building in one day, is Lei Lei saying something?” A sense of crisis suddenly arose in the hearts of state-owned financial institutions.

In terms of efficiency, Thunder has indeed crushed all Chinese financial institutions. They are demonstrating their strength. But another problem is that by completing the position so quickly, they have demonstrated their strength, but CCB can also fully exercise its rights at any time.