Future chat group - Chapter 858 The furthest message

Yanjing, China Construction Bank’s foreign exchange and savings business department.

“In terms of information collection, how could we lose to the Thunder?” Zhao Weihua thought happily: “No matter which direction we get, the information we get is to cut interest rates, but in addition, Thailand must control the inflation rate. This is another Some business.”

“In the end, our central bank will definitely have to contact Thailand, which has always wanted to promote the ASEAN Exchange project, maybe…”

“There are too many variables in the Asia-Pacific market. The country is strengthening supervision while promoting financial marketization. Now even the business of adjusting the structure of foreign exchange reserves has begun to involve Lei Ting. In other words, the higher-ups really want to let Chinese institutions strengthen ties and go global! “

“Thunder has top strength in market operations, but apart from this, regardless of information collection, channel resources, institutional size, influence on fundamentals… state-owned institutions have the advantage, and cooperation is inevitable. Whoever listens to whom , but it’s also clear at a glance.”

“Only Lei Hao is qualified to fight for the right to speak.” After thinking about it at the end, Zhao Weihua had unspeakable feelings in his heart.

As a Chinese-funded private financial institution, favored by the central bank, directly involved in business related to the adjustment of the reserve structure, a financial giant who has been in the industry for two years dares to ask for more say from state-owned institutions. Regardless of success or failure, this is an achievement in itself. Miracle.

From a personal point of view, Zhao Weihua admires Lei Hao and even has a hint of admiration. However, from the perspective of CCB itself, it is impossible for Zhao Weihua to miss the opportunity to teach Lei Hao a lesson.

CCB is powerful, but he is also proud. They have collected a lot of information. Whether it is the central banks of China and Thailand or other large institutions, they have channels. Even the documents of Kunyu, the Financial Management Committee, Zhao Weihua ” After seeing it, they came to a conclusion and believed that the conclusion was correct.

However……

“These state-owned institutions are too rigid, they don’t understand at all,” said Lei Hao, sitting in his office in the Shanghai Stock Exchange, with an expression that he didn’t know whether it was a bitter smile or a mocking look on his face: “How can there be any institution in the financial circle that can be absolutely trusted? Even with partner agencies, their attitudes can change at any time.”

Chinese state-owned financial institutions are like strange flowers in many cases. There is a reason for this. They are too powerful.

China’s four major banks are all among the world’s top 500 and ranked very high. ICBC is also known as the Bank of the Universe. With such strong strength, they do not have the pressure of ordinary financial institutions.

make money? That’s a sure thing. For the four major banks, they can make money just by lying down, so their ultimate goal is not to make money, but political achievements, and certain behaviors seem very weird.

Over time, in China, it is easy to say that the four major banks can win with their eyes closed. In the international market, anyone who cooperates with the four major banks and other Chinese state-owned financial institutions has learned a trick: telling lies with their eyes open.

Just like this time, the feedback information CCB received was almost all that the interest rate cut would be adopted.

The reason is very simple. If the interest rate is really cut, CCB will be the perfect support, and they will not invest too much money. If not, then CCB will be the perfect taker. After everyone has wiped it out, they will say that their analysis was wrong. , but you have accepted the offer, what else can you say?

No matter how savvy a practitioner you are, if all you receive is deceptive information all day long, and you can still make rational judgments, then you, like Lei Hao, are the ones with future information.

Therefore, it is normal for Zhao Weihua to make mistakes. He has the ability and courage, but he was dragged down by the power of the industry. He got a lot of deceptive information, so he felt that it was imperative to cut interest rates, and then Thailand would suppress the inflation rate. Excessive means, and then he used this as a conclusion to make a layout.

It is now December 21, Thursday. Thailand, a market that is not too big, has attracted a lot of attention. The reason is that there is nothing to do at the end of the year. They made some news, which is indeed a strange flower in the market.

If you want to cut interest rates when the economy is doing well, in fact, in addition to the Thunder, there are also some institutions that are also short-selling at high levels and hedging with the “stupid” guys who are long. In the eyes of bullish institutions, short-selling institutions In fact, he is also a fool.

However, at noon.

Before the announcement of the confirmed information, the Thai stock index suddenly saw a large amount of selling, quickly broke through the 5-day moving average, turned downward, and attacked the 10-day moving average. In just a few minutes, the 10-day moving average fell, and the 20-day moving average was under tremendous pressure.

“The SET index has fallen!” In Bangkok, inside the Thunder Branch, Su Yongyan almost bit his tongue: “GOOD! It’s good if it falls! It’s good if it falls!”

The SET index plummeted, which clearly means that the Bank of Thailand’s intention to cut interest rates was blocked. The Financial Management Committee was superior and released signals in advance, causing all capital forces to bow their heads and compromise.

I don’t know when the next time I want to find this kind of opportunity will be.

The Financial Regulatory Commission of Thailand showed up and stated that the market had sufficient funds and appropriate liquidity. After meeting with the central bank to study, they decided to suspend the interest rate cut, and the SET index instantly fell below the 20-day moving average.

The bond market is also falling along with the stock market. If interest rates are not cut, money will still have the same value as before, and the price of bonds will inevitably fall. The trick is that Lei Hao also made the price of government bonds inflated a little bit.

In other words, not only did China Construction Bank fail to earn a 20-point price difference, but based on the investment return ratio, they would lose a lot of money.

“Damn it, the Thai bald man deceived us!” Yanjing and Zhao Weihua felt like they were beeping.

Will the promised rate cut definitely go ahead? Is this the case that the interest rate cut will definitely go ahead? The most deceptive thing is, give me a rough go of it, Financial Management Committee. Did you say you would inject more funds into the market?

CCB and Huizhu Business Department were silent for a while, and everyone felt their faces hurt.

We are one of the top 500 companies in the world. To be more precise, China Construction Bank is one of the top 50 companies in the world. It owns the Chinese market and has huge capital flows. It is backed by the Central Bank of China and is a Chinese state-owned enterprise. It has access to various resources at will, and then… it failed. A somersault.

Although this is just one of the thousands of mistakes CCB has made, the familiar taste carries the familiar pain, and this time, there is a thunderbolt watching from the side, and Chinese-funded private institutions covering their mouths and laughing. .

This is simply unbearable, but so what if I can’t bear it? Zhao Weihua couldn’t find a way.

The size is too large, which means that it is too difficult to adjust the general direction. You can’t give up and withdraw funds from the Thai market just because of a mere million-dollar loss.

“If you don’t have three, two, three, don’t go to Liangshan.”

“The funniest thing is that they have always been in control.”

“Thunder is still reliable.”

In Yanjing, various voices emerged within the central bank who were paying attention to this matter. They were also dissatisfied with the rigidity of state-owned enterprises. This time seeing CCB being educated by Lei Hao, Wang Huachen and others were a little bit dumbfounded, but they were more determined to promote financial development. Market ideas.

The size of state-owned financial institutions is too large, and they are not allowed to withstand the test of the market. In the future, the size will be even greater. Once something goes wrong, it will be too bad.

“Just give the documents to Lei Lei and let them establish a stable communication channel directly with the Reserve Management Department of the Foreign Exchange Administration.” Wang Huachen shook his head, thinking of the recent actions of the country, but he felt a little bitter in his heart, “I hope we will not be history. Sinners, however, hold a lot of dollars just to hold less dollars!”

Shanghai Stock Exchange, Thunder.

Lei Hao sat in the office. After the situation stabilized, he took care of things and started skipping work.

That night, while browsing the future information as usual, Lei Hao saw a piece of information with a huge time span.

“Significant depreciation of the U.S. dollar? May? It’s not New Year’s Day yet.” After seeing this message, Lei Hao was stunned.