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Free Web Novel,Novel online - All in oicq.net -> Romance -> super energy power Text Chapter 613: Besieged on all sides
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- Chatting with more than ten people at the same time is not only a waste of saliva, but also a waste of energy. But in the financial market, companies above designated size are eligible to enter the inner circle, and no one can exclude anyone.
Even Sioux City itself has only prepared more than 3 billion US dollars to form an offshore fund of 17.5 billion US dollars, preparing to leverage the 200 billion US dollars futures market. It can be said that as long as there are like-minded friends, any company has the qualifications to be on an equal footing with BP and Industrial Bank.
Therefore, even if you are standing in the center of a banquet, there are always executives who come to say hello and "new friends" who join the conversation.
Su Cheng also doesn¡¯t want his short life in the Financial City to be all confrontation. He can only try his best to participate in chats and get to know others better in the process of exchanging messages.
When it was about to enter the rhythm of late night, Paxson from the Paxson Fund turned back again, with a chestnut-haired beauty in his arms beside him, and said with an exaggerated smile: "Oh my god, you guys just stood talking like this for two hours? Really? Awesome, haven¡¯t you noticed that all the women nearby are almost disappearing?¡±
He drank the champagne in his hand, then took two more glasses from the passing waiter's tray, handed them to Su Cheng, put an arm on his shoulder, pretended to be familiar, and said with a smile: " When you¡¯re drunk, you won¡¯t be able to hear the nagging of the old men. If you don¡¯t drink two bottles of champagne at a party like this, you¡¯ll definitely want to jump off the building.¡±
Su Cheng took it over funny and drank half the cup in one breath.
? This is partly to match his humor, and partly because it is really annoying.
¡°If it were in China, or in a relatively familiar Asian region, Su Cheng would not play chat games with a group of old men. However, the City of London is, after all, a formidable place. Many financial companies here, or the executives of financial companies, can be traced back to hundreds of years ago. Whether it is their size, connections or skills in the financial market, they are far behind. Not comparable to Dahua, the legendary Rothschild family, or the modern Morgan and Rockefeller families, all regard the City of London as an important foundation.
If the size of the Pan-Asia Fund is barely comparable to a giant crocodile, then in terms of predatory skills, both Lehman Brothers and Industrial Bank can be called technology giants. As for those legendary existences, they can be called prehistoric. The giant crocodile can chew up any self-righteous giant crocodile alive with its teeth.
With Su Cheng¡¯s cautious character, he would not make enemies in the City of London for no reason.
Although he was indeed planning to hunt here, before seeing food, Sioux City maintained a traditional Asian behavior.
Therefore, when everyone chats, he just goes with the flow, and when everyone exchanges information, he just goes with the flow, until Paxson, who named the fund company after himself, comes back.
In the circle, a tall white man with thick facial hair also drank the bourbon in his hand and said with a smile: "Can the old man stand for two hours? Although the doctor said that my health is not very good and I will not survive." It won¡¯t be too long, but with today¡¯s medical technology, it¡¯s okay for me to see the calendar in 2050. How can I be treated like an old man?¡±
"It's Mr. Lagarde." Paxson seemed to be familiar with Enron's European president, and laughed: "If you want to see a calendar for 2050, I can give you one tomorrow."
"Ah, do you want my position?" Lagarde acted suspiciously, which made everyone laugh.
Paxon hugged the beauty tightly and said with a smile: "When I become Enron's major shareholder, I will also serve as the president of Europe. Don't worry, Enron's stock price will soar upwards by then."
If it goes well, it will immediately become full of gunpowder.
Lagarde¡¯s smile became extremely fake and she said: ¡°With the current Paxson Fund, how much Enron stock can it acquire? Be careful that the hostile acquisition fails, and it is swallowed up instead.¡±
"Of course it won't work with such an inflated price now. I will wait for Enron's stock price to return to its actual value." Paxson responded tit-for-tat, with a face full of provocation, like a high school athlete.
Su Cheng looked at this grumpy-looking guy with interest. It took courage to predict that Enron's value was too high in 1994. Of course, it didn't take as much courage as it did around 1998, but it was still a powerful prediction.
After all, in the mid-to-late 1990s, Enron was almost a model of financial success. Their methods and strategies caused investment institutions across the United States, or in other words, financial institutions in half the world to recommend and give high-star ratings. It is very difficult to find financial institutions that have not invested in Enron, at least much more difficult than finding a tea shop in black Africa.
¡°If it weren¡¯t for the financial crisis and the serendipitous accounting discovery, it¡¯s hard to say whether Enron would have collapsed. Even if Paxson¡¯s remarks were just sarcasm, it probably wouldn¡¯t have happened.It's completely pointless. After all, he is also the chairman of a fund with billions of dollars in assets, so he would not make a joke by making a completely opposite prediction.
Lagarde¡¯s face turned green, as if she had changed from an Englishman to a Peruvian.
When the atmosphere was tense, the British president of Soci¨¦t¨¦ G¨¦n¨¦rale clapped his hands, took over the topic, and asked Su Chengdao directly: "How long will the Pan Asia Fund's short selling last?"
This is a topic that everyone is concerned about. In an instant, the eyes of Lagarde and others gathered.
Su Cheng didn¡¯t expect that the topic would come back to him. He frowned and asked, ¡°Industrial Bank still has ambitions for oil futures?¡±
"Isn't Dahua Industrial also joining in?"
"We made the decision after preparing for a long time. What about starting a business?"
"Industrial has been a shareholder of Total for a long time. The financial market cannot be separated from oil, and the oil market cannot be separated from the financial market. If the futures market changes too much, it cannot be said to be good news for major companies. When the British president of Industrial Bank said this, he stared at Sioux City and said: "Dahua Industrial is an oil company, and its continued short selling has exceeded the hedging requirements."
For oil companies, their hedging is originally to short the futures market. If they produce 1 million barrels of crude oil per year, they can short 1 million barrels in the futures market. In this way, if the price of crude oil rises, the inventory will make a profit, and the futures will Loss, income remains unchanged. If the price of crude oil falls, inventories lose money and futures make a profit, but revenue remains the same.
Therefore, manufacturing companies can carry out production without risk and focus their energy on this.
However, there are always some hedging companies that cannot bear their loneliness and will bet more and more heavily in the financial market. In the eyes of bankers with strict risk control, Dahua Industrial is such a company.
In fact, the huge losses that often occur in the financial world are indeed easy to happen to such half-baked companies. Just like half-baked collectors are easy to be picked up, half-baked financial companies have been bankrupted from time to time.
Su Cheng pondered and said nothing. It is impossible to say that he is not worried at all. Unlike the previous futures trading, this time, he could not rely on much foresight and foresight, and he mostly operated on his own.
¡° Just because the production capacity of the Aqijiu Oilfield is at full capacity, it does not guarantee huge profits. Perhaps it is possible to generate profits, but after preparing for so long, Su Cheng is not willing to make a small profit.
Lagarde saw something from Sioux City¡¯s attitude and said in surprise: ¡°Is Dahua Industrial really going to be a big short seller in the market?¡±
"The financial behavior of Pan Asia Fund has nothing to do with Dahua Industrial." Su Cheng first put aside his rights and responsibilities, and then said: "I said before, I am not optimistic about the price of crude oil."
Lagarde¡¯s face gradually became serious, and she said: ¡°So, Dahua Industrial Well, the goal of the Pan-Asia Fund is limited to oil futures?¡±
Su Cheng thought for a while and gave a definite answer: "That's right."
Several people in the circle looked at each other with a wolf-crying expression.
For a US$17.5 billion fund, the concepts of diversified investment and concentrated investment are completely different. In layman's terms, gamblers who put all their money on the line always appear aggressive before the cards are drawn.
Lagarde repeated: "It seems that Pan Asia is really going to be short."
"Do you want a share of An Ran?" Su Cheng used the interrogative style.
If there is a large number of short positions, even if only financial means are used, the price of crude oil can be suppressed a lot.
However, this method requires a huge amount of funds. Unlike crude oil spot, which can impact the spot market, futures trading, which accounts for 90% of the global trading volume, requires more than ten times the resources of spot trading.
However, Lagarde obviously would not accept Sioux City¡¯s favor. She laughed twice in a hoarse voice and said: ¡°We prefer low-risk projects. It is too risky to bet on the drop in crude oil prices now.¡±
Su Cheng turned his attention to others.
Having mentioned this, naturally the main purpose is to recruit allies.
When Soros stirred up the pound and Southeast Asian currency markets, followed by an army of super hot money worth tens of trillions, Sioux City did not want to be alone.
He looked at them one by one from left to right.
The enthusiastic man from Lehman Brothers shook his head slightly, not to mention the sarcastic face of the British president of Industrial Bank. Although the executives of BP and Aruba Investment Company were smiling, they did not say anything
Paxon, who gave Sioux City his business card, also hesitated.
He is indeed interested in the Pan-Asia Fund's short selling, but he still has to think about it before he is willing to sacrifice himself.
Next to him, Masao Ito of Ito Trading Co., who had been silent all this time, laughed out loud and said in proficient Chinese: "The crude oil market is calm. Whether it is Dahua Industrial or Pan Asia Fund, it is better to disturb him than to disturb him." The lake is still in trouble, so Chairman Su Cheng should stop demagogueing people here. If you have any conspiracy, please put it away."
"Conspiracy?" Su Cheng glared at this guy.
"Here, there is news everywhere. To win everyone's trust, Chairman Su Cheng needs to be more prepared." Masao Ito smiled like an old cat.
Su Cheng quietly picked up the wine glass, silently feeling that he was surrounded by enemies on all sides.
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