Future chat group - Chapter 857 Interest Rate Meeting

What are the Thunder doing recently for the Thai market? The answer is to hide the truth.

Stimulated by expectations of interest rate cuts, the SET index rose, the stock market was optimistic, and various economic data took off. Thunder and a series of large institutions also followed the trend, adding positions and rushing to raise funds.

However, what financial institutions do on the surface does not necessarily reflect their actual goals.

On the surface, Thunder is rushing to raise funds, but secretly it is shipping and short selling at high prices. As soon as one side places a buying order, the other side immediately sells more chips at high prices. After that, the research and analysis department has remained silent on the changes in the Thai market. .

You know, the research and analysis department is now Thunder’s trump card department, and Yu Rong is now a leader in the field of financial research. With Lei Hao’s help, Thunder’s research and analysis department has no shortage of customers at all, and it still needs to send money to other financial research institutes. In the era of sending girls to beg clients to order their research and analysis reports, Lei Lei’s research and analysis department showed its arrogant side.

Yu Rong even started to implement an annual fee system, and then guaranteed a certain number of analysis documents within the year and in the corresponding fields. Finally… the group of scholars, who were at least Ph.D.s, said that research documents would not be sent according to time frequency.

Even so, the Thunder’s research and analysis department still achieved more than nine figures in annual revenue data, and the first number was not “1” because they were right.

As a result, the financial circle looked at Lei Hao’s research and analysis department with red eyes, and there was even a voice saying that Lei Hao was so good only because he had a group of powerful research analysts working hard to help him.

What makes people even more envious is that there was once a research institute that could not recruit the backbone of the Thunder Research and Analysis Department even if it offered ten times the salary. This group of people was too “loyal” and too easy to be “satisfied.”

Only people like Yu Rong knew that if they dared to change jobs, even the halo on their bodies would be removed immediately, let alone Lei Lei’s rage.

The direction was pointed out by Lei Hao. In fact, when Lei Hao pointed out the general direction, everyone conducted complicated research, took out all the data and information, studied according to a general direction, and then produced a copy of the report. Lei Hao affirmed the document, how easy is it? This is really true. Nine times out of ten, the only ones that fail are all small areas where analysis is not done carefully.

Working in Lei’s research and analysis department, the income is not low, you can also write papers and so on, and then you are recognized as a leader in the industry. In the end, you only need to be recognized by “Teacher Lei” like you did in school.

Only fools change jobs, and only fools widen the circle of benefits.

Now the staff of the research and analysis department who can directly talk to Lei Hao are all tightly controlled by the seniors of the department. Everyone is quite willing to work until they are eighty years old, but they cannot give up their position anyway.

Not to mention poaching people from other companies, not even Xia Yibei, who was preparing to take charge of KH International Bank, could attract even half a person to follow him.

Thunder’s research and analysis department did not issue a research and analysis document on the Thai market. On the surface, Thunder has been raising funds to build a bullish position on SET, but secretly it has begun to reduce its holdings and sell short. This is hiding the truth.

It’s just a bit tragic that Thunder’s research and analysis department is considered a god by some institutions, so recently Yu Rong has been so worried that his hair has turned gray.

His own institution is bearish on SET and believes that there will be no interest rate cut, but Lei Hao does not allow them to send out research and analysis documents. It is just… as if he is holding his urine.

“Ask again and tell them that we will not sell analysis reports on the Thai market!” Yu Rong, head of the Research and Analysis Department of Thunder Headquarters in Yangcheng, said that these are just some financial institutions with funds flowing in Thailand. He is already so annoyed that he wants nothing more. If the Thunder starts to attack the Chinese market, will the research and analysis department still be blocked?

“Unfortunately, we are a research and analysis department, not a research institute. We are just Thunder’s research and analysis department.” Yu Rong asked the research and analysis department to go out independently, but he was always unsure. He didn’t know Lei Hao’s attitude.

“Just take it.” In the Shanghai stock market, if Lei Hao knew Yu Rong’s thoughts, he would definitely give him a negative reply, but he is currently focusing on the Thai national debt.

CCB’s foreign exchange and reserve business department accepted the transaction offer from Thunderbolt, which means that everyone has just rolled up their sleeves and started fighting. You are bullish and you are bearish. As soon as the market changes, a slap will fall on one party’s face.

However, both sides have maintained the minimum respect for their opponents. As long as they don’t talk about the off-market transactions adopted by the Thunder and CCB, it is impossible for outsiders to know.

“The positions that were slowly built in the early stage will be reduced at this time. If Thailand cuts interest rates, the money will be easy to talk about, and the company will have too much money left.” Inside the Thunder, it is actually a gamble.

The statement that cash is king is not feasible in a market that is obviously improving. Financial institutions hold too much currency in their hands, which means that their entry position is too shallow and they cannot enjoy the benefits of market shocks. Benefit.

The short-selling mechanism in the Thai market is immature. If Thunder wants to sell short, the action of selling chips will account for a large proportion. In other words, the positions established some time ago will be quickly reduced.

But if the interest rate cut comes to nothing, the SET index will fall back. Even at a low level, selling orders will appear in large numbers. Thunder can take advantage of the trend to recover or even increase its position, which is equivalent to lowering the price of opening a position.

Thailand, Bangkok.

“It is imperative to cut interest rates. Infrastructure projects have taken away too much money, and the market needs more money.”

“Enterprises’ capital demand is still strong, but there is too much influx of foreign capital and the cost of loans for local companies is too high. This interest rate structure that favors foreign capital must be adjusted.”

“Thailand is Thailand for Thais!”

At the Financial Management Committee, a group of well-dressed people were expressing their opinions, but Kunyu, who was sitting in the chief seat, was full of dark thoughts.

The so-called elites are people who can speak loudly about issues that are beneficial to them.

The interest rate level in Thailand is very high, but this is because the inflation rate is high and the economic development is expected to be positive. In this environment, if the bank cuts interest rates, it is equivalent to losing as much as it lends. If you ask them to cut interest rates ? Are you kidding me?

However, Thailand’s banking industry is a parallel public and private sector. What are the lending directions of state-owned banks? All of it has been taken away by powerful people and companies. When the central bank lowers the benchmark interest rate, private banks can do nothing, and state-owned banks will immediately release the funds in their hands. In an instant, a large number of high-level people will benefit greatly.

This is real money, this is corruption.

“The SET index has risen to 1,300.” Kun Yu suddenly said slowly, and the conference room fell silent.

Everyone felt a strong sense of malice. It was Kun Yu who released the expectation of an interest rate cut in advance. He gave people from all walks of life no time to build positions. Looking back at the market now, even if the interest rate is cut, the capital power promoted can gain How much benefit?

“I personally support interest rate cuts, but this matter needs to be implemented more transparently. Why not let Odupon lead the working group? Certain aspects of the central bank also need to be reformed…” Kunyu said with a smile. The plan can also be said to be a request.

Interest rate cut? Okay, get something in exchange.

This is very embarrassing. There is only so little benefit left. If you want me to exchange so many things, that won’t work.

“In fact, even at the current interest rate level, banks still have no worries about idle funds, and high interest rates help depositors enjoy higher deposit interest rates…”

The meeting changed direction instantly.