Chapter 639 Main Bank
For many days, under the planning of Fang Jiange and Davis, the entire oil market mercilessly swallowed up the futures sold by Xinke. It seems that there is at least three or four months before the war begins. Saddam currently does not see any sign of softening his attitude. The Gulf War has caused oil production to be tight, and there will inevitably be a certain amount of room for growth in the future.
Although the price of thirty dollars per barrel is already scary enough, it is acceptable to continue to rise by about ten dollars before the war - financial speculators at this time could hardly imagine what level the world's energy prices will rise to in the future.
As Che Guevara said, "After we leave, they will prepare schools and hospitals for you and increase your salary. This is not because they find their conscience, nor because they become good people, but because we have been here."
Before the 1990s, the reason why the world's energy prices were able to maintain such a low level was not because the oil exporting countries were selfless and self-deprecating, but because there was a red ghost shrouding over the heads of capitalists.
Finally, when capital masters all the energy supply channels around the world, oil prices will naturally rise.
At such a once-in-a-lifetime feast moment in the Gulf War, European and Japanese capitals will not suddenly become gentle, respectful and frugal just because the United States is a "society country".
In the view of European and Japanese capital, the most is the difference between making more and making less. Of course, there are risks, but since Chinese people are shipping, there are no need to worry.
Even if the so-called "less profit", in the face of the chips in Xinko and Grumman's hands, the profit can increase by at least another 30 billion US dollars. The 300 billion US dollars in the late 1980s was enough for capitalists to make efforts to launch a war.
No one would believe that the Chinese have the ability to manipulate international oil prices. Hu Wenhai's operation was at most interpreted as a stable investment, and he would be able to lose money while ensuring profit expectations.
International speculators who are more courageous and consciously understand the financial market better will certainly not be as cautious as the "outsiders" Chinese, but will instead be tempted to make a profit of 200%.
But then again, in history, Americans have seized this opportunity to scatter oil prices to the highest level, and then decisively took action to kill European and Japanese energy capital to fat sheep.
However, this time, the new University of Science and Technology's fanfare shipment has raised the vigilance of the entire market. At this critical moment, if American finance and energy capital end together, it will not be the harvest of European and Japanese capital, but the rhythm of the collapse of the entire energy market.
Then Americans don’t talk about making money, let’s wait in line to jump from Dunkirk!
It’s so damn, Hu Wenhai is so "damaged". Not only did he snatch the fattest piece of meat from "our" mouth, but he also didn’t let us move our chopsticks. Who dared to do this by taking the car...
"Mr. Hu, this is Huang Zongrui, General Manager of the Financing Department of Dazhong Bank, our main bank in Singapore, and this is Mr. Hu Wenhai, Chairman of our Xinke Group."
Huang Zongrui's posture was very low. As soon as he entered the door, he smiled attentively and bent his waist slightly. When Chen Fa introduced the identities of both parties, he just saw Hu Wenhai reaching out and handed his hands to him.
"I heard about Mr. Hu's name for a long time. I saw him today, which is enough to comfort my whole life."
Hu Wenhai laughed and pointed to the sofa next to him and said, "You are polite, Manager Huang, I am just an ordinary person, so I can't describe this."
"Mr. Hu is not an ordinary person. Can ordinary people have such a situation like you? I'm making nearly 10 billion US dollars in profits in half a year, and there may never be such a business in the world!"
Today, Hu Wenhai is definitely surrounded by people who can flatter, praise achievements, and write lyrics. He is immune to flattery, but at least he has a very high resistance to flattery words.
However, Huang Zongrui was certainly able to be the general manager of financing of large and medium-sized banks, which was beyond the reach of ordinary people. These ordinary flattering words were like heartfelt words, which made people really unable to feel the feeling of "embarrassing" that was often flattered. On the contrary, the tone and expression of this General Manager Huang was as if the president of a fellow club had met the international superstar himself, making people believe that the words he said were true feelings.
In fact, it is almost the same. Not only in Manager Huang Zongrui, but also in the entire China Bank can be said to have witnessed how Hu Wenhai created a miracle through the hands of the two financial teams Chen Fa and Fang Jiange.
Perhaps Saddam himself didn't know that he would invade Kuwait, Hu Wenhai had already made arrangements in the oil futures market. When everyone didn't think that Saddam dared to confront the United States, Hu Wenhai increased his position. Just as Iraq's tanks drove into Kuwait, the global oil prices rose sharply and everyone could not wait to buy them, they had already completed the absorption of chips in advance without knowing it. They just had to wait for the oil price to rise to gain unimaginable wealth.
Everyone who witnessed this capital miracle was very puzzled. Although Saddam's command system was built by the Chinese, Hu Wenhai did not have the ability to put the eavesdropping device into Saddam's head, right?
After thinking about it, the only explanation is that there is no explanation. Does a player who treats miracles as wholesale like sandwiches and krypton RMB in the Earth online player who wants to explain it?
Non-krypton players only need to calmly accept the fact that RMB players are awesome.
Anyway, in the face of the amazing achievements Hu Wenhai has made several times, the financial industry is no longer surprised. Some people on Wall Street and the City of London are even considering whether to invite several "Feng Shui masters" from China to show the Feng Shui of the Federal Reserve and the British Palace.
If it weren't for the blessing of supernatural factors, how did Hu Wenhai do these impossible things? After all, the mysterious China has the longest history. It's not surprising that there were any magical technologies in ancient times?
"Please sit down. Manager Huang came here today. I wonder what's going on?"
Dazhong Bank assumed the main banking function of Xinke's investment this time and provided more than 60% of the financing scale of the funds that Hu Wenhai could manipulate. Among them, Huang Zongrui certainly has a considerable influence and deserves to be taken seriously.
Huang Zongrui suddenly seemed a little distracted. He only reacted after Hu Wenhai's voice fell for a while.
When he sat down on the sofa opposite Hu Wenhai, he pondered and prepared for a while, then he spoke.
"We noticed that Mr. Hu has ordered the trading team to start clearing the oil futures in your hands. In principle, large and medium-sized banks will never interfere with the customer's operations. However, as the main bank for financing of Xinke Group, we still hope to understand your investment ideas. At present, Xinke's investment in the oil futures market is very successful, and there was a long time before the beginning of the Gulf War, and the oil market is still rising steadily. We hope to understand why Xinke chose to clear the position at this time instead of holding it for a while?"
Hu Wenhai stared at Huang Zongrui carefully for a moment, thinking about something.
The so-called main bank, in a general sense, is the bank with the largest capacity in terms of corporate financing and application. It bears the biggest risks in corporate financing and naturally has special powers different from other banks.
In business operations, companies will provide loans to many banks, but it is impossible to report their own operating conditions to each bank, and banks cannot monitor the operating conditions of each company in real time. At this time, the main bank, as the largest creditor of the company, naturally becomes the benchmark for the operating conditions of the company.
If a company's main bank issues a signal of distrust of a company to the market, it basically announces that the company will be abandoned by the entire securities market.
Having such a great influence on the company naturally has corresponding obligations.
The business policy of the main banks for corporate business has changed from short-term profit-oriented to cultivating and supporting corporate development. Things like giving umbrellas on sunny days and collecting umbrellas on rainy days will generally not happen to such companies. If the business operations fall into a financial crisis, the main banks will allow the company to postpone the repayment of principal and interest, and even provide support such as emergency financing channels. If the company is reorganized, the main banks, as the largest creditor and shareholder, will become the leader of corporate reorganization.
The relationship between the main banks is very difficult to develop. Companies are extremely cautious when choosing the main banks and banks choose to serve as the main banks.
From holding shares to personnel dispatch, it is a relationship that must be established by both parties having a long-term and fixed business contact, and after accumulating considerable understanding and trust, the target company is extremely promising and reputable.
Fang Jiange also took three years of unquestionable results to conquer the World Bank's Dazhong Bank, which ranks under 30, and became the main bank of Xinke Investment. This time, Hu Wenhai's investment in the oil futures market, Dazhong Bank has granted a "no cap" financial leverage policy, which is definitely full of sincerity.
With such generous conditions and strong support, enterprises must maintain the cooperative relationship between the main banks and naturally open their commercial information to banks to a limited extent. The main banks have the power to supervise the enterprises carefully, and enterprises also have the obligation to provide information to the main banks.
Huang Zongrui wanted to confirm Hu Wenhai's investment ideas. As the financing manager of Xinke's main bank, there was actually nothing wrong with it.
:.:
Chapter completed!