I just want to enjoy life

Chapter 761 Chapter 768 Liu Tiancheng

See here.

Chen Tao suddenly became more excited. If he didn't refuse immediately, it means that there is great hope.If he can persuade the other party to hand over all the funds in the account to him, no, even if he only manages part of the assets, then his performance will be unstoppable.

"If Mr. Lin's funds are short-term idle, he can buy government bonds denominated in Singapore dollars, yen, and euros. The yields of government bonds denominated in Singapore dollars and yen are higher than those of U.S. bonds, and their exchange rates against the U.S. dollar are constantly appreciating. , a rough estimate can get 60% investment income. These bonds are very liquid and can be cashed at any time. Aggressively recommend those high-risk financial derivatives to Lin Haocang.

"Well, investing in government bonds is extremely safe, but what about the investment income..." Lin Haocang couldn't help shaking his head silently at this point.Then, with a straight face, Lin Haocang asked with a light smile, "Could it be that the only investment and wealth management products of your DBS Bank in Singapore are government bonds?"

Ah.

This Chen Tao is a bit interesting.When an ordinary investment manager recommends a wealth management product to a client, he can’t wait to directly take out the most complicated wealth management product in the world. Never mention risks, let alone analyze the structure of wealth management products in detail, and never say when it will make money and when it will suffer huge losses.In many cases, investors are so confused that they don't know what they are buying.

but.

Chen Tao in front of him didn't come up with those exaggerated and complicated financial products, but only provided Lin Haocang with the simplest and common national debt.

"Hey, our bank is a comprehensive bank with a variety of wealth management products. Naturally, it is impossible to only have treasury bonds. But treasury bonds, time deposit certificates, etc. are the safest investment methods. For new customers, I will recommend these absolutely guaranteed investments Way. Of course, if the customer asks for it, I will also recommend it!" Chen Tao explained.

"I see!"

Lin Haocang nodded in understanding.

this time.

Lin Haocang's goal is very clear, which is to short Nikkei futures, so naturally he doesn't care about the bond market.Some people may wonder, shorting Nikkei futures can be done directly by opening an account with the Singapore Monetary Exchange, why do you need to contact DBS Bank of Singapore deliberately.

Very simple.

The Singapore Futures Exchange has restrictions on the amount of positions held by customers. Lin Haocang hopes to temporarily circumvent the restrictions through the special status of DBS Bank in Singapore.In addition, the trading volume of Nikkei futures on the Singapore Futures Exchange is always limited. He wants to rely on the extensive network resources of DBS Bank in Singapore to reach more investment agreements related to betting on the Nikkei index in the over-the-counter trading market.Strictly speaking, the most active market in Singapore is the market. Because there is no supervision and privately negotiated transactions, the trading environment is very loose, and its transaction scale far exceeds that of on-site transactions.

but.

Trading participants are limited to customers with high credit ratings. Lin Haocang wanted to enter the market without wanting to expose himself prematurely, so he had to find a highly reputable banking institution as a guarantee.And the guarantor that Lin Haocang is targeting is DBS Bank of Singapore!

……

"If Mr. Lin wants to gain more investment income, the investment income of corporate bonds, financial bonds, and mortgage bonds is not low. Of course, you can also invest in funds... In the past three years, the three funds under our bank have Get more than 20% return on investment. The real estate investment fund just established not long ago focuses on investing in the real estate market in Japan. Given the popularity of the real estate industry in Japan, the future prospects are very good. Once launched, the investment fund has attracted countless investors. sought after." Chen Tao introduced.

then.

Chen Tao breathed a sigh of relief, and continued: "If Mr. Lin wants to invest in the stock market or futures market, I can also provide investment advice."

"Oh, it seems that Manager Chen is still an all-around talent." Lin Haocang said with a smile.

"You're joking. Naturally, I can't be proficient in all investment fields by myself. I rely more on my investment team for investment advice to clients!" Chen Tao explained.

Ok.

Lin Haocang nodded in understanding, and continued, "Singapore's futures market is developing rapidly. I want to invest in financial futures, what advice do you have?"

Financial futures...

Chen Tao was surprised by Lin Haocang's statement, but remembered that the other party suddenly mobilized a large amount of funds into Singapore, probably for the purpose of investing in futures. "He may not be a layman in the financial market..." With this thought in mind, Chen Tao became more cautious.

Chen Tao asked with a smile, "There are many types of financial futures, including currency futures. The main trading products of the Singapore Futures Exchange are US dollar, British pound, Japanese yen, Swiss franc, Australian dollar, and Singapore dollar. There are also interest rate futures and stock index futures... I wonder which futures product Mr. Lin is interested in?"

"Yen currency futures. I have been paying attention to the trend of the yen exchange rate. Originally, the yen has been appreciating against the US dollar, but the exchange rate has fluctuated greatly in recent months, and even depreciated. Therefore, I am very concerned about the future trend of the yen exchange rate, , I am a little uncertain." Lin Haocang said
"Mr. Lin, are you planning to hedge the exchange rate risk of Japanese yen assets?" Chen Tao asked, hesitating for a moment, and Chen Tao cautiously reminded, "At that time, domestic and foreign investors recently had concerns about the future prospects of Japan's economy. I have a completely different view... Simple exchange rate risk hedging may not be able to effectively avoid the loss of your yen assets."

Oh.

After hearing Chen Tao's suggestion, Lin Haocang's eyes couldn't help but light up, and said with a faint smile, "It seems that Manager Chen belongs to the latter group, and he is not optimistic about Dongpu's economy."

"The Dongying stock market seems to be prosperous, but anyone with a little sense can see that the Dongying stock market has a serious bubble. A fiasco..." Chen Tao smiled self-deprecatingly.

"Oh, have you ever shorted the Dongpu stock market?" Lin Haocang was surprised.

"Yes. I saw the economic bubble in Japan earlier, so I shorted the Nikkei futures. However, Japan's domestic stock market is expected to rise very strongly. The bulls of Nikkei futures are also strong and terrible, and they keep pushing up the Nikkei index. We short sellers are basically Without the ability to resist, they were all ruthlessly crushed to death." Speaking of Nikkei futures, although Chen Tao had a bitter face, he could calmly face his fiasco.

After being silent for about tens of seconds, Chen Tao continued: "I realized that the Nikkei futures market has no chance for the time being, so I kept my eyes on the stocks of two Japanese companies. Five times. However, there have been production accidents recently, and we are about to face huge lawsuits for compensation, and we have also learned in advance that both companies are in financial difficulties, and the next financial report will definitely show losses. Heh, it was hard to catch two software companies. Persimmon, of course we will not let it go. Together with many hedge funds, we began to aggressively short the stocks of the two companies and suppress the stock prices... Under normal circumstances, according to our careful deployment, the stocks of the two companies will fall into waste paper. But the result Unexpectedly, the stocks of the two companies not only did not plummet, but rose against the trend!"

call.

Taking a deep breath and soothing his emotions, Chen Tao said with a light smile: "I have experienced several fiascos. The assets under my management have shrunk significantly, and the headquarters ordered to suspend the operation of the Dongying market. Helplessly, I can only withdraw unwillingly and wait and see... But I’m still not optimistic about Japan’s economy.”

"Oh, so, if you have the authority, you will still continue to short Nikkei futures?" Lin Haocang heard the hidden meaning in Chen Tao's words.

"of course."

Chen Tao replied without hesitation, and then smiled helplessly. "Unfortunately, the headquarters will never give me this opportunity."

Ok.

Lin Haocang nodded secretly.However, there was no rush to solicit.

"Since Manager Chen is not optimistic about Dongying's economy, why did he strongly recommend an investment fund focusing on Dongying's real estate to me just now?" Lin Haocang asked.

"This……"

Chen Tao showed embarrassment, but he had no choice but to explain, "Oh, I'm afraid Mr. Lin will be recommended to buy this real estate investment fund if he comes into contact with any investment manager of our bank. The most dazzling star investment manager is highly valued by the top management, and our bank has devoted a lot of resources to training him... If Mr. Lin knows more about our internal personnel, he will not be surprised."

"Ok?"

Lin Haocang showed doubts.

"Singapore's DBS Bank is a state-owned bank, and internal high-level personnel appointments are very complicated. The background of the person in charge of the real estate investment fund is not simple. Then he will step into the core management of DBS Bank in Singapore!" Chen Tao explained ambiguously.

Oh.

Lin Haocang smiled and nodded understandingly. Although Chen Tao didn't explain in detail, he could figure out that the person in charge of the real estate investment fund might have a strong government background.In Singapore, it is very common for relatives of senior officials to control state-owned enterprises.

If the person in charge of the real estate investment fund wants to be in the rightful position, he naturally needs to show results. It is inevitable that the top management will give him resources and strengthen "cultivation".

……

"Manager Chen, if I intend to short Nikkei futures, can you help me?" Suddenly, Lin Haocang asked hypothetically.Although his goal is to short Nikkei futures, he has not expressed his exact attitude at the moment.

amount.

Chen Tao was shocked. Didn't he say he wanted to hedge against the risk of yen exchange rate fluctuations? Why did he suddenly change his mind and became interested in Nikkei futures?

"Oh, to be frank, after listening to Manager Chen's words, I am not optimistic about Dongying's economy, and I want to make some gains in the futures market. However, I don't have any traders available around me...so I want to entrust Manager Chen to operate me. funds." Lin Haocang said with a smile.

of course.

Not having a trader is just an excuse to move Chen Tao. Lin Haocang wants to mobilize a trader. Phoenix Investment Group, Phoenix Holdings, and East West Bank all have a shortage of traders, and even temporary employment in the financial market is fine.

"This... I have been banned from operating the Dongying Market, and my account authority has been frozen." Chen Tao was moved, but after a moment of hesitation, he smiled helplessly.Now, he's restricted not just from the bank's internal funds, but also from using client funds.

Even if Lin Haocang entrusts him with the funds, he still cannot short Nikkei futures.Because the internal investment account under his control has been frozen, as long as he participates in the investment transactions related to Dongying, the funds cannot be transferred. "Mr. Lin, you can open a futures trading account by yourself, and I can act as your investment advisor in private."

"Oh, how about this. I will negotiate with your senior management and ask them to unfreeze the investment account authority controlled by you." Lin Haocang said with a smile.

Unfreeze permissions?

Chen Tao shook his head with a wry smile. He was firmly bearish on Japan's economy, but the senior management of DBS Bank in Singapore was just the opposite.It is very rare for him to have conflicts with the entire bank's top management, and he was not fired, but only part of his authority to freeze his investment account.

But it is very difficult to unfreeze permissions in the short term.Singapore's DBS Bank is also worried that Chen Tao's shorting of the Dongying stock market will cause greater losses, and customers will find trouble with the bank.

"Ha. I will sign an investment loss exemption agreement with your senior management in advance, declaring that it is my decision to entrust you to short Nikkei futures. I have not been deceived in any way. If there is a loss, I will bear it myself and will not hold Singapore accountable. The responsibility of DBS Bank. With this liability exemption agreement, I believe your senior management will remove your investment account authorization." Lin Haocang said with a smile.There are 6.75 million US dollars lying in his bank account, and he is an absolutely high-end customer. I believe that the Singapore investment bank will not go against Lin Haocang's wishes.

This.

Chen Tao was a little speechless in surprise.

"I believe in Manager Chen's investment vision, and I also believe in my own judgment!" Lin Haocang said with a smile.

……

After sending Chen Tao away.

Zhang Xiaolei asked puzzledly, "Chairman, we can just open a futures trading account with the member settlement company directly, why do we have to make such a big detour?"

"Heh, of course we will open our own account to operate. But each account has a position limit... Besides, Singapore's DBS Bank's influence in the local financial market will bring unexpected chains if you don't short the market through other hands Reaction." Lin Hao said with a pale smile.Even though he has a lot of money, he is not naive enough to think that he can fight against the bulls of the entire market on his own.

Not to mention.

Through the investment account of DBS Bank in Singapore, Lin Haocang can also conceal the movement of part of the funds.

……

Things happened just as Lin Haocang expected. Under his strong request, he insisted on entrusting the funds to Chen Tao to short Nikkei futures, and after signing the investment loss exemption agreement, DBS Bank of Singapore readily unfreezed the authority of the investment account controlled by Chen Tao.Then, Lin Haocang handed over all 50 billion US dollars to Chen Tao.

(End of this chapter)