-
Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading
Free Web Novel,Novel online - All in oicq.net -> Romance -> super energy power Text Chapter 643 Closing the Net
Previous page Return to Catalog Next page
- "We are getting ready to have dinner, let's talk while we walk." Suzhou City is still quite curious about the two Morgans, especially Morgan Stanley, nicknamed Morgan Stanley. It has a lot of business in China and is an extremely smart and brutal company. .
They have huge funds and many talents, but they never rest on their laurels and always pursue money, regardless of politics and morality. If they accidentally show politics and morality, then don't hesitate, it must be for money.
Whether it is China¡¯s socialist market economy, South Africa¡¯s racial conditions, or India¡¯s caste conditions, Morgan Stanley has adapted quickly and well. Compared with Goldman Sachs, which invested in pig farming in China, Morgan Stanley entered China's real estate industry without hesitation, raising funds as high as 4.5 billion US dollars at one time, which was about 40 billion yuan that year. Given the growth rate of Chinese real estate, No matter how you calculate it, it is much more cost-effective than raising pigs.
In addition, Morgan Stanley is also actively involved in the acquisition of non-performing assets in China. In 2003 alone, they took over 4 billion and 2.85 billion non-performing asset packages from China Construction Bank twice, 97 of which were real estate assets. After a few years, the non-performing asset package will overflow with profits.
What's even more amazing is that, as an American company, Morgan has never been stingy with commercial bribery and insider trading - it's not that American companies don't do commercial bribery and insider trading, but because the costs of commercial bribery and insider trading are relatively high and unusual. The company can play with it.
The Morgan Stanley China Peterson bribery scandal that Time Magazine once exposed, if replaced by an ordinary American company, such a blow can destroy the foundation of the company, but if it is placed on Morgan Stanley, it will be as if nothing happened. , the so-called foundation and strength are exactly like this.
Such an American investment bank that does not follow many rules is exactly what foreigners like Su Cheng welcome, and his expression is much more enthusiastic than usual.
The trader from Dalo Mo had a strange expression and asked in surprise: "Are you going out to eat now?"
"Can't you eat?" Su Cheng looked at Qi Xiao, thinking there were some special rules.
The other party pointed to the big screen and said: "Now is the important time. If Chairman Su Cheng doesn't give orders, is it okay?"
"Oh, I'm not directly involved in the operationMr. Jones." Su Cheng looked at the sign on his chest.
"Just call me Qiong." The trader from Morgan Stanley smiled and said with a familiar look: "Chairman Su Cheng has no financial background, but he can do it"
"What kind of cooperation do you want to discuss with me?" Su Cheng interrupted his compliment.
Jones followed his steps closely and whispered: "Are you going to say it here?"
"Then let's talk in the car."
As he spoke, he left the futures exchange.
Su Cheng sat in the car minding his own business. Jones sorted out his thoughts and asked, "I have an idea about the operation of Dahua Industrial."
"oh."
"We guess that Dahua Industrial will end its short selling in the near future."
"Why, Morgan Stanley doesn't believe that crude oil will return to low prices?" Su Cheng raised his head comfortably.
Jones smiled and said: "In the short term, perhaps, supply will increase, but in the long term, the increased demand for crude oil will exceed the supply."
"Well, what do you want?"
Jones also wants to discuss theoretical issues with Sioux City. This is what traders from American investment banks are best at. However, Su Cheng was simple and direct, so he had no choice but to follow suit: "We hope that when Dahua Industrial goes long, we can cooperate with Morgan Stanley."
"Pan Asia Fund." Su Cheng corrected again.
Jones smiled bitterly and nodded: "Yes, Pan Asia Fund."
"Does Morgan Stanley want to cooperate with Pan Asia Fund?" Su Cheng asked repeatedly.
Jones thought for a moment and then realized that Suzhou was talking about who would take the lead. He hesitated for a moment and said: "Monopoly has prepared US$3 billion. If Pan Asia Fund invests more, Morgan Stanley and Pan Asia Fund will cooperate."
Companies like this are very risk-oriented. It is impossible for Morgan Stanley to invest all of its 300 billion assets in a certain direction, especially for pure speculation. 3 billion US dollars is not a small amount.
Pan Asia Fund naturally has much more funds, but after the short-selling period ends, it is difficult to say whether others will still be willing to follow. After all, the seven oil production companies cannot completely ignore the government and repeatedly short and long. The risks are naturally multiplied. On the other hand, Pan Asia Fund can make money by short selling, but it does not mean that it can also make money by going long. Especially when the funds are very large, the focus is not just on entering at the right time, but on Exiting at the right time does not mean more funds are better.
Su Cheng said noncommittally: "If there is such an opportunity, I will consider you. Well, when the time comesWe have a place, what can we have something to eat together? "
Jones turned his head and saw that it was a hamburger fast food restaurant. He couldn't help but touch his belly and shook his head: "No, today is juice day."
"There's nothing we can do about it." Su Cheng smiled and got out of the car to buy food.
Yang Jingshan took the next car over, queued up behind Su Cheng, and said with a smile: "Director Su just made so much money, he should at least have a French meal to celebrate."
He pronounced "French dinner" in Hong Kong-style Mandarin, which was quite foreign.
Su Cheng took out the coin and said with a smile: "There is not much time. After eating, we have to go back quickly."
"Is there going to be a big show tonight?" Yang Jingshan's eyes twitched.
"It's still a while before the market closes. It's hard to say." Su Cheng smiled.
¡¡
Back at the futures exchange, Su Cheng showed Qi Xiao the situation of American investment banks. There was not much increase in funds, so he left it alone.
After all, the City of London is not the territory of the Americans. In order to concentrate funds, they will not invest too much here. At present, whether it is short or long, it does not make much sense to join later.
What¡¯s more, it¡¯s a question of how the gentlemen who entered the competition can return with a full load or with less damage.
"14.40, how about the power of multiple parties?" Su Cheng faced a dazzling electronic screen.
Qi Xiao said cheerfully: "Sumitomo is probably on its last legs, and there may be a slight downward trend."
"Well." Su Cheng watched in silence for 20 minutes, watching the oil price reach 14.30, and then ordered: "Call Aliyev and see if he can send a message now."
Qi Xiao went without hesitation.
Aliyev¡¯s family has US$1 billion in the Pan-Asia Fund. Although he does not have a director position, the profits are substantial. At current oil prices, he has earned at least half a billion dollars, which is comparable to Azerbaijan's treasury revenue in previous years.
With so much money and the fact that it can increase his profits, Aliyev really doesn¡¯t care about a few press conferences.
In fact, he not only went to the press conference himself, but also tied up the Saudi oil minister and asked him to announce the global supply situation that OPEC learned about.
OPEC has a tradition of paying attention to and controlling crude oil production. Especially when they speak in terms of production, the relationship between actual production and nominal production is very important.
In OPEC reports, the issue of percentage of fulfillment of responsibilities is often mentioned, which is actually the percentage of actual output relative to nominal output. For example, OPEC decided to reduce production by 1 million barrels. Iran was allocated 150,000 barrels, but actually only implemented 100,000 barrels. Iraq was allocated 200,000 barrels, but only reduced 100,000 barrels. When other countries fulfilled their 100 responsibilities, OPEC's fulfillment of its responsibilities is only 85%.
In most cases, with the exception of Saudi Arabia, which has never mind reducing production, other countries will always delay when fulfilling their responsibilities to reduce production capacity, and will always overdo it when performing their duties of increasing production.
100,000 barrels of crude oil is at least 1.5 million barrels of US dollars in revenue. Let alone the Arab countries that rely entirely on crude oil to survive. If it is thrown to a certain department of the Chinese government, it cannot be reduced by reducing it. It must also be discounted and must be procrastination.
However, unlike other income, crude oil income is very easy to detect. The first is its huge quantity.
100,000 barrels is nothing in the futures market, and it is nothing in government reports. But in reality, this is the transportation volume of an oil tanker larger than an aircraft carrier, which can carry 2,000 knots. wagon.
There are only so many ports that can berth ships of more than 100,000 tons. A ship as big as an aircraft carrier comes and goes every day, plus the incoming volume of 2,000 oil tankers. As long as you keep records, how could you not know? The same is true for crude oil transportation pipelines. If you send two engineers with similar IQ and technical level, you will know how much crude oil passes through the pipeline. In an era when pipelines were insufficient, every ton of oil here was queued up, so it was difficult to conceal the problem of smuggling.
In addition, the sales records or delivery records of the international crude oil market, and even the storage warehouses of oil-producing countries, are also very easy to check.
It may be easy to hide 10 tons of gold, but it is too difficult to hide hundreds of thousands of tons or millions of tons of liquid crude oil.
Therefore, the OPEC oil-producing countries that do not fulfill their responsibilities are actually stiff-necked and do not fulfill their obligations. OPEC is not a centralized organization, and their regular verification is a kind of urging to a certain extent.
Due to the characteristics of crude oil trading, OPEC monitors the world crude oil spot market, which accounts for about 8%, and monitors the delivery warehouses of several crude oil futures exchanges.They can almost know the recent export crude oil production. As for the non-export crude oil production, they are not particularly concerned about it. For example, China's Shengli Oilfield and Daqing Oilfield only sell crude oil that is considered by OPEC. Domestic consumption is controlled by OPEC. I don¡¯t want to care if I don¡¯t care.
The seven oil companies participating in the Pan-Asia Fund are all international oil companies. Most of the oil fields under their names are used for export, and many of them are in OPEC countries. Their production capacity increases or decreases must be registered with OPEC's permanent office.
For example, Dahua Industrial¡¯s Setan Oilfield must explain its output from time to time. Otherwise, the UAE will use its own infrastructure to block oil companies¡¯ exports.
For an oil field, if the oil pipeline is blocked and tankers cannot come, it will be useless no matter how much oil is produced.
With oil prices turbulent, it is normal for OPEC to announce that it understands the global supply situation. But this time, because of Aliyev, Naimi was forced to attend an inappropriate press conference at an inappropriate time.
And when he said "the global supply of crude oil is excessive," oil prices fell.
"Close the Internet cafe." Su Cheng's face was calm, and the veins in his fists were about to pop out.
The catch of this net was completely beyond his imagination.
Of course, it was beyond the imagination of Sumitomo and other fish groups.
¡(To be continued. Please search Piaotian Literature, the novels will be better and updated faster!) - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
- Previous pageCatalogNext page