If you are in China, you want to short a company with a market value of 200 billion yuan, the funds you need to use are too large, and there are not enough channels and systems to support it.
Over the years, Lei Hao has felt a lot about the differences between the financial circles of China and the United States, and in addition to the differences in systems, the insurance industry is one of the decisive factors.
None of the contracts of EI can exclude the intervention of insurance companies, and you must be insured to open an account in the bank, with a limit of 100,000 US dollars, such as employment, VAM, etc., of course, the existence of the insurance industry is indispensable.
This is also one of the reasons why Lei Hao and Okla can sit down and negotiate, as long as the contract is negotiated properly, the insurance money is paid, and it can run smoothly under the protection of the insurance company, just like the forward interest rate agreement between Oasis Securities and Forest, and finally Forest gets the funds from the insurance company.
After Okla and KH headquarters, the interested parties were successfully determined, and they agreed to negotiate a combination of Forest's short sale of Ante Energy Group and Forest's participation in the Lepai financing project.
"Ray, how much quota can you give us, or how much quota do you want to short" determined the intention, and the specific terms could be handed over to the department personnel of the respective company for negotiation, and Okla in this atmosphere asked about the general direction.
"Lepai's financing project, Forest wants to get a quota of about 100 million, do you think we need to use the amount of the short project of Ante Energy Group in exchange" Lei Hao asked rhetorically.
"Ahem, I think the two projects are equal."
Okla tried to speak, and when he saw the expression on Lei Hao's face change, he explained with a wry smile: "Okay, Lei, your news is too amazing, Keller and Hendri have only confirmed that the project can be accepted, and we can't determine the details." ” "The quota is equal, I can accept it."
Lei Hao said.
One sentence scared Okla so much that he almost squirted the water out of his mouth again.
The two projects are actually superior, which is actually obvious, just look at the supply and demand, of course, there is a demand for Lepai financing, but if you want customers to accept it, you have to do a lot of work, if it is Ante Energy Group needs financing, as long as the price is suitable, it is actually feasible to raise funds.
Lei Hao also knows that the financing scale of Ante Energy Group has been temporarily saturated, and the share has been taken away, and if they want to refinance, someone needs to withdraw, so the situation is that the people inside do not leave, and Ante Energy Group can no longer raise funds externally, so these forces are released on its stock price and keep it at a high level.
Although there are still many problems, the financing demand project of Ante Energy Group is indeed advantageous compared with the financing project of Lepai.
Lei Hao is short, what he needs is a long person, there is a difference between financing and financing, but it is not much worse, he is willing to swap the quota equally, which is a concession in Okra's view.
"I can't say for sure at the moment."
Okla suppressed the thumping heart, but showed a more sincere smile than when he proposed, and said very kindly: "But personally, I am more than happy to let Kh and Forest cooperate. ” "Maybe I can find someone else," Lei Hao joked.
Okla was a little anxious, and hurriedly said: "O, Ray, we will give you an answer as soon as possible, tonight, no, afternoon, afternoon." ” "Okay, I'll give you an afternoon."
Lei Hao nodded, looked back at Hernando, who was fighting for tat with Rhodes, and then when his eyes fell on Okla, he also felt a little embarrassed in his heart.
This is the case in the financial circle, some people are bearish and some people are long, the difference is whether the mainstream view of the market is consistent with the opinion of the individual.
Lei Hao's opinion is contrary to the mainstream voice, he doesn't have to guess, he can know what Okla thinks at this time, it is nothing more than the statement "Don't take the money for free, don't take it for nothing".
In fact, if Forest raises funds to hedge against himself, it will be no more difficult than KH, but the reason why Lei Hao doesn't want to do this is very simple, it is completely enough to put out factors such as lack of manpower, not reciting infamy, and not doing dirty work.
"If the results come out and something happens to Ante Energy Group, KH will be scolded half to death by investors, and maybe they will eat some of their shares and lose a lot of money."
Lei Hao thought silently in his heart.
"Lei" Okla couldn't wait for Lei Hao's next words, so he asked a little depressedly: "You should always give me a range of time span and quantity." ” "Well, I'm sorry."
Lei Hao remembered, didn't tell Okla the key factors, thought for a while, and then said: "I hope there will be about half a year, and the number is not 200 million leverage."
"Wow."
Okla was taken aback again, but he didn't care too much, not counting the leverage of 200 million, the target should be the stock of Ante Energy Group, and the amount of profit and loss in half a year will not be too exaggerated.
It's just that both sides are 200 million, and Oklaton smiled bitterly in his heart, no wonder Lei Hao is willing to equal the amount of bilateral financing amount, and the entire Lepai financing project handed over to Forest is worthy of the amount Lei Hao gave to Kh.
In terms of profits, the project of Ante Energy Group is actually higher, and Okla's thinking turned, and he soon thought that he "understood" Lei Hao's purpose.
Forest is a definite thing to be bearish on Ante Energy Group, regardless of the reason for the time being, Okla will discuss with his colleagues after returning to KH, but judging from the current situation, Forest does not personally go down to do this business, but uses this business as an opportunity for its own investment banking department to get run-in and exercise, which is also a normal behavior in the industry.
After many big capital acquisitions investment banks, the first few businesses are not profitable, and it is very possible to lose money to do a few small businesses to practice and make a name for themselves.
Then Lepai's business should be completely handed over to Forest Okla dare not agree, this business involves Joe and Hernando, and also involves some customers' funds, KH itself can't retreat, at most let Forest participate, give them a greater right to speak.
If you calculate it this way, Okla suddenly set his eyes on Hernando's side, feeling a little embarrassed, he and Lei Hao reached a cooperation intention, whether big or small, it must be in Hernando's interests.
"In principle, I agree to further contact, Kh is interested in working with Forest, Ray," Okla said, holding up his glass of water and smiling, "I wish us a happy cooperation." ” "I'll let Fox follow suit."
Lei Hao also raised the water glass with a smile on his face.
The next thing is more cumbersome, people like Lei Hao and Okla will not be overly involved, the two sides just have opinions on the control of the general quota and the mode of cooperation between the two sides, and the matter is finalized.
After talking about cooperation, everyone came back to their senses and found that the lunch time was cut into pieces, and even Lei Hao only ate half of it with Rod and Baker.
"Now, we are all collaborators, why don't we celebrate with a meal" Okla had a headache, but he still sent out an invitation as usual, he couldn't leave Hernando aside, let alone let Lei Hao leave first, and Lei Hao couldn't put down Rod and Baker anymore, everyone went around and around, or they could only eat together
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