The word business, from the literal sense, means that two or more people plan, discuss, and discuss together, which contains the meaning of interaction, so business behavior can never be done by one person, and it must start from communication.
Lei Hao thought about it a little, and knew that the bottom line of CCB's remittance and storage project was to complete the forward contract at the spot price, and there was no doubt that they would lose money, but they could afford to lose, and if Lei Ting did not participate this time, then there might be another chance.
It's just that this time you don't participate, next time, next time, you don't have any participation, the savings project has nothing to do with you, the premise of financial marketization is the market, you don't participate, how to form a market, this market can't be formed, so why bother to maintain it, return to the situation of state-owned institutions to solve problems themselves Xia Yibei understands this fact, and Su Yiwen also knows that Xiang Yongze, Yu Rong and others understand the nature of the matter, so whether they make money or not is really not a factor for Thunder, but it is necessary to establish the cooperation method and formulate the status of the two sides in continuous cooperation.
I don't value profits, but I have to fight for them, and that's where things get weird.
It's early December, and there are still nearly four months to go before the deal date required by the Reserve Management Division, but the sooner the contract is finalized, the more time will be given to the agency that will take over the project.
Absorbing 2oo0 billion baht of Thai government bonds looks like a position of hundreds of millions of dollars, but the structure of Thai government bonds is there.
Chinese capital has been reduced from 14 percent of Thailand's national debt more than a decade ago to nearly 1o at present, and this is still a figure that has slowly risen since the Ballow pro-China military junta came to power, and in this tens of billions of dollars market, many bonds are illiquid, and it will definitely take some time for you to absorb close to $600 million in chips.
Lei Haoming handed over the matter to Xia Yibei on the surface, but in fact, Xia Yibei was reporting the latest progress all the time, and he never let it go, and he would show his attitude in due course.
As a bank established to strengthen the country's capital construction funds, CCB has always had the right to speak in the corresponding fields.
Just like this project of the Reserve Management Division, CCB is the most suitable subject for the four major banks to take over, because a lot of it involves the fund management of Thailand's infrastructure, which repelled the ICBC of the Universe Bank and obtained the corresponding rights.
It's just a financial market "In another way, give them the market for discount bonds, either low price or low share, and they can only accept our guidance."
The Shanghai Stock Exchange, China Construction Bank, and the Foreign Exchange Savings Business Department directly occupied an office of the Shanghai Branch to negotiate with Thunder, and as the head of the department, Zhao Weihua's tone was sonorous and powerful.
There are many departments of commercial banks, and some departments are even more unthinkable to outsiders, for example, the Agricultural Bank of China has a business department of agriculture, agriculture and agriculture, the Industrial and Commercial Bank of China and a business department of the Belt and Road Initiative, and it is not surprising that the foreign exchange and savings business department of the China Construction Bank is not in charge, Zhao Weihua is not in charge of the leader, he is directly responsible to the president, because it involves politics.
People in state-owned financial institutions are always tempted by the high salaries and high returns of private financial institutions, and even those who can stick to the bottom line in their hearts will inevitably have a kind of envy, jealousy and hatred for income differences.
Why do we manage the world's top 500 commercial banks, we have contributed to the country's financial stability, and then our boss's salary income is only about one-twentieth of the top leader of the same grade financial institutions.
This is simply outrageous, and the Chinese state-owned financial institutions are so hard that they cannot do it in this regard, but they have very great power, which is also a reason for their discrimination against private financial institutions.
Zhao Weihua does not discriminate against Lei Ting, if it is in the normal securities market, after meeting Lei Hao, he does not mind bowing his head and shouting "Lei always begs for a belt", in this kind of project involving the adjustment of the structure of foreign exchange reserves, it will be different.
CCB has rich experience, and is "strong and strong", and stands in front of the starting line like a cheat, and in the end, even the referee is facing him, which is strange that they are not bullish.
"Discount Bonds" Lei Hao got the latest feedback, and slowly sorted out all the communication information today, which can be regarded as knowing that the other party's bottom line has been clarified.
"How many of the Thai national bonds are in the form of discounts" Lei Hao frowned, he was not too impressed by these things.
The reason is also very simple, the proportion is too low.
Discount bonds, that is, the bonds of the discount bank, for example, the one-year bond with a face value of 1oo yuan in our bank, but I only charge 95 yuan when I sell it to you, and I will give you 1oo yuan after maturity, and the difference of 5 yuan is the interest.
This type of bond can be said to be common in high-risk areas such as corporate bonds, and even usury is in this form, and how many bonds guaranteed by a country's sovereignty are of this type "Less than 5o billion baht."
Xia Yibei said the numbers and units with difficulty, and added: "Some of them will mature within three months, and some of them will mature again in June next year, and Thailand doesn't seem to have any intention of continuing to do such bonds." ” "In other words, CCB is coaxing us with a candy."
Lei Hao shook his head and laughed: "These bastards." ” "But we got involved."
Xia Yibei attaches more importance to this: "Get involved, and say everything." ” "I'd rather accept the sale of forward bonds at spot than take the candy and walk away."
Lei Hao looked at Xia Yibei and said: "Negotiate in another way, we will give them some point profits, and use the option contract to determine, American-style options."
Listening to Lei Hao's words, Xia Yibei's heart suddenly moved, he raised his head, and saw Lei Hao's bright eyes, and a smile immediately appeared on his face.
The advantages of state-owned financial institutions are there, but Lei Ting is not without its own advantages, and Lei Hao's strength lies in his grasp of the market.
If all the terms are dead, such as how much to buy and how much to sell, then Lei Hao can't turn the sky around no matter how capable he is, what if he adds a risk clause Options are risk terms.
According to the market rules of Thai government bonds, a point is O2 baht, if it is ten, it is 2 baht, and it is about ooO5 when converted into US dollars, of course, it is not as good as Zhao Weihua's previous requirements, but there are options.
You can buy it at any time, this option will certainly not be able to give a definite price, but it is always calculated according to the market price, and the market is changing, when the outlook is good and the amount of energy is shrinking, you are equivalent to having the opportunity to get a large number of chips at any time.
As long as you see the right time, after exercising the option, buy first, then sell, and then buy, and the profit will appear.
The best thing is that Lei Hao doesn't think that the other party will refuse, because state-owned financial institutions are very powerful, but people like Zhao Weihua, give him a chance to show himself, how will he choose Solving this matter with rigid terms is a victory for CCB as a whole, but signing terms with a certain degree of flexibility, and then turning the tide by yourself, the person who handled it properly has achieved results.
From the perspective of the institution, Lei Hao's suggestion will not be accepted, but it is always the people who do things, and there is an opportunity here.
"Mr.
Lei, the people from CCB want to meet with you."
Xia Yibei ran over.
Lei Hao also knows very well that this is a drama
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