I just want to enjoy life

Chapter 763 770 Gambling Agreement
"Heh. President Liu is really forgetful. Didn't I just say that I am optimistic about the opportunities of Nikkei futures. Naturally, I want to find a counterparty who bets on the direction of the Nikkei." Lin Haocang laughed.

Uh.

Liu Tiancheng was stunned, and then asked seriously: "Mr. Lin, you are not joking, are you really so pessimistic about Nikkei futures?" Originally, he thought that Lin Haocang's plan to short Nikkei futures was just to cover up his real intentions. It's a smokescreen, but now Lin Haocang is not only shorting the market, but even trying to bet in the off-market market.If this is all a smoke screen, then the price paid is too high.

"Ha, President Liu, do you think I'm joking?" Lin Haocang laughed loudly, and then said. "The counterparty of the Nikkei futures, short selling, um, the time limit is limited to one year, and the transaction amount is 200 billion US dollars. Please also take care of President Liu! As for the guarantee fee, you will not be disappointed."

actually.

Lin Haocang knew that such a large amount of money, except for the banks and insurance companies in Japan, no one could afford it.European and American financial institutions do have that strength, but there is a high degree of bubble in the Japanese economy, and I am afraid that no one dares to stand up and take this deal.

"The specific content of the contract, after President Liu finds the counterparty, your bank will come forward on my behalf and negotiate with the counterparty."

"Huh? Zhang, is there any difficulty?" Seeing that Liu Tiancheng did not respond for a long time, Lin Haocang couldn't help frowning slightly, and asked in a low voice.

this time.

He mobilized US$200 billion to enter Singapore, but he was aiming at the huge market. If he couldn't find a counterparty, some of the funds might be left idle.

"No, there is no problem. Many financial institutions are full of confidence in the continuous rise of the Japanese stock market. Mr. Lin is bearish on the Nikkei futures index. It is not difficult to find a counterparty. In fact, many Japanese insurance companies, banks, etc. are very willing , are also selling a large number of Nikkei put options!" Liu Tiancheng explained.

"Oh?"

Lin Haocang showed surprise on his face.Dongying Insurance Company and banks sold Nikkei put options in large quantities, why didn't he get any news.

in fact.

This is not to blame for Lin Haocang's ignorance, because most of these transactions are concluded in the market, with a high degree of privacy, and it is difficult for the outside world to find out unless the parties involved in the transaction disclose.

"Huh..." Lin Haocang adjusted his mood and pretended to be calm, "Zhang, you mean that Nikkei put options have already appeared in the market?"

"Of course." Liu Tiancheng replied as a matter of course.With the continuous development of the financial market, various innovative financial derivatives emerge in an endless stream. He thinks that there is no problem with the emergence of Nikkei put warrants.

but.

Lin Haocang was shocked by the news, and couldn't help thinking more, could it be that the European and American financial giants had already made a secret about the Dongpu stock market. "Mr. Liu, do you know which bank was the first to launch Nikkei put options, and which financial institutions are now most involved in Nikkei put options?"

heard.

Liu Tiancheng couldn't help frowning, and pondered: "I don't remember who first promoted the Nikkei put option. Anyway, it is a gambling agreement signed by the Bank of America and Dongying's insurance companies and banks. But the Nikkei put option The most enthusiastic about options should be Citibank, Salomon Brothers and Goldman Sachs. Huifeng Bank and UBS are also involved... Others, there should be many financial institutions participating, but I am not very clear about who they are. "

"Citigroup, Salomon Brothers, Goldman Sachs, Fenghui..." Lin Haocang couldn't help thinking.

at this time.

Chen Tao who has been sitting next to him.He said: "Well, Mr. Lin, I am very concerned about the Dongying market, but I know more about it. As far as I know, the Nikkei put option should have been developed by Morgan Stanley and Salomon Brothers more than a year ago Yes, later a group of American investment banks followed up and signed VAM agreements with Dongying financial institutions. At that time, Nikkei put options were a completely new and unfamiliar financial exhibit, but they were quickly sought after by Dongying insurance companies.”

"Morgan Stanley and Salomon Brothers?"

"Yes. That's them. The Nikkei put option agreements signed by these two investment banks should be the most! However, due to the continued skyrocketing of the Japanese stock market in violation of economic laws, it is difficult to buy Nikkei put options due to the skyrocketing Nikkei index. The execution caused the participating investment banks to lose a lot of option premiums, and some investment banks that followed suit immediately withdrew!" Chen Tao explained patiently.

Ah.

Seeing Lin Haocang's puzzled eyes, Chen Tao couldn't help explaining with a wry smile, "To be honest, I was one of the followers at the beginning!" Chen Tao was very optimistic about the prospect of this kind of Nikkei put option, but unfortunately, the Nikkei index continued to soar .As a result, he lost tens of millions of dollars, and the headquarters immediately forced him to terminate the purchase of Nikkei put options.

Ok.

Lin Haocang nodded in understanding.The Nikkei index soared, and the Nikkei put option purchased by Chen Tao lost its value, which was equivalent to waste paper. Although the loss was controllable, it was only the option fee, but not everyone could afford it.Especially when the top management is not optimistic about Chen Tao's forecast, it is expected that losses will occur and he will be ordered to withdraw from the investment.

but.

I also blame Chen Tao for being too impatient and not grasping the timing well.

"Huh. Here I want to report to Mr. Lin that I have re-purchased Nikkei put options worth about US$10 billion..."

Lin Haocang waved his hand to prevent Chen Tao from continuing to explain, and said with a smile, "Since I dare to manage the funds for you, you have the full authority to decide."

See here.

Liu Tiancheng's eyelids couldn't help but twitch slightly.He thought to himself, "This world-class tycoon actually trusts Chen Tao so much! Could it be..." He shook his head fiercely to get rid of distracting thoughts in his mind.

Now, the most important thing for him to consider is how to help Lin Haocang find a suitable counterparty and make this deal.DBS Bank of Singapore is not the only bank that can design similar Nikkei put options.The Singapore branches of HSBC, Citigroup and Morgan Stanley are familiar with Nikkei put options.It also has a deep cooperative relationship with Dongying Insurance Company. Any company that gets involved is a serious threat.

"Mr. Lin, please don't worry, we will find the counterparty you need within a month and draw up a favorable contract for you." Liu Tiancheng promised with a smile.He also hopes that this pleasant cooperation can establish a long-term strategic cooperative relationship with Lin Haocang.

Ok.

Lin Haocang nodded and smiled, "In terms of guarantee fees..."

"Oh. Don't worry about this! Because another party is involved, the other party may not necessarily recognize our bank's credit guarantee, and if Mr. Lin entrusts us, DBS Bank of Singapore, to sign the agreement, on the surface, our bank is betting against each other. The parties to the agreement are unable to fulfill their guaranty obligations on their own. They may need to find another international bank as a guarantor!" Liu Tiancheng explained with a smile.

Although he did not open his mouth, Liu Tiancheng's attitude was already very obvious, that is, he was not willing to provide guarantee for the transaction between the two parties.

Liu Tiancheng seems to have a fiery personality and no brains.However, he can sit on the seat of DBS Bank in Singapore, which naturally has its merits.In fact, he is astute!
Although he is not optimistic about Lin Haocang's investment in Nikkei put options, he will not take it lightly. He is not afraid of [-], just in case. You will definitely vomit blood in the loss, and it is very likely that you will not be able to perform the contract normally. At that time, the institution serving as the guarantee must perform the contract on its behalf.Therefore, if DBS Bank of Singapore provides guarantee for the transaction, it may become Lin Haocang's direct counterparty.

Looking back on Lin Haocang's past achievements, he dare not say that he has won every battle, but he has almost never failed in the major operations he personally intervened.

In view of this.

Liu Tiancheng became particularly cautious and made a plan in his heart. They were only responsible for matching deals.On the issue of transaction guarantees, he will try to introduce a fourth party.

"Alright!"

Lin Haocang smiled and didn't say much.

……

The meeting between the two sides did not end until after ten o'clock in the evening.During the period, Liu Tiancheng also talked about a series of other important topics.Including, Sky Capital and Singapore DBS Bank to create an investment fund, and Singapore DBS Bank to strengthen strategic cooperation and so on.Obviously, Liu Tiancheng's willingness to strengthen cooperation with Lin Haocang's companies is very obvious.

Lin Haocang also understood Liu Tiancheng's approach very well. The strong influence of Singapore's DBS Bank is also limited to South Asia.

Since Liu Tiancheng took office, DBS Bank of Singapore has been working hard to carry out the international expansion strategy.However, very limited results have been achieved.

Lin Haocang did not avoid the topic of cooperation, and of course he would not agree to it casually, in his opinion.Only win-win cooperation can last long.

With Liu Tiancheng's proposed cooperation, Lin Haocang certainly won't lose anything, but his gain is limited.In contrast, Singapore's DBS Bank has benefited greatly.

Naturally, Lin Haocang would not foolishly agree to this kind of cooperation that is obviously asymmetrical in effort and gain.

and so.

Lin Haocang and Liu Tiancheng talked a lot, but they didn't reach a cooperation agreement.

After the meeting, Liu Tiancheng and Chen Tao left the hotel.But about half an hour later, Chen Tao turned back alone.

"Mr. Lin!"

Chen Tao looked at Lin Haocang sitting in the hall, and greeted him with a smile.Although Lin Haocang clearly stated that all the entrusted funds are entrusted to him to take care of them at his own discretion, and there is no need to ask for instructions.

"sit."

Lin Haocang pointed to the empty seat next to him and motioned.It seems that Chen Tao's return is not felt at all.

After taking his seat, Chen Tao organized his words in his mind.Then he said, "Mr. Lin, thank you for your selfless trust in me."

"That's because you showed the ability to be recognized by me." Lin Hao said with a pale smile. "Why, suddenly turning back, could it be that the investment has encountered difficulties?"

"Uh, that's not true. I just bought a Nikkei put option worth US$100 billion in the market. The futures market is still on the sidelines..." Chen Tao replied.Then, he explained: "I came back to tell Mr. Lin that if you plan to invest in Nikkei put options, you don't necessarily need to directly reach a betting agreement with bullish investors. You can use Morgan Stanley, Solomon Brothers and other investment banks bought Nikkei put options."

"Aren't they firmly bearish on the Dongpu stock market, and will sell Nikkei put options?" Lin Haocang was surprised.

"Heh, it's not necessarily true that they are firmly speaking negatively about the Dongying stock market. Maybe they don't need to judge the direction of the Dongying stock market at all, because no matter what the Dongying stock market is, they will have no losses, because what they do is to make profits without losing money." business." Chen Tao said with a smile.

"How do you say that?" Lin Haocang became interested.

then.

Chen Tao didn't hide it either, and told the secret in detail, "Morgan Stanley and Salomon Brothers signed a staggering amount of gambling agreements with many Dongying companies, that is, Nikkei put options. When the Nikkei index rose At that time, Dongying's company made money, which meant that Morgan Stanley and Salomon Brothers, the other side of the bet, would lose money. Although they only lost royalties, they couldn't hold up the amount. Morgan Stanley and Salomon Brothers must have lost a lot, but in fact, instead of losing a penny, they gained a lot."

"How is this possible?" Lin Haocang was surprised.

"Oh, it's unbelievable, but it's true. It just shows that these two investment banks are very smart!" Chen Tao said with emotion.

"It's actually very simple. The large number of Nikkei put options purchased by Morgan Stanley and Salomon Brothers did not hold them for a long time, but they were sold to other investors at high prices to transfer their own risks. To give a simple example, they used They bought a Nikkei stock index put option from Dongying Company for US$100, and then aroused the high mood of investors by talking about Dongying’s economy and hype. Selling at the price. There are voices in the market that are negative about the Dongying stock market, and the Nikkei put options are naturally not worried about selling. In this process, they earned a price difference of 200 US dollars, and the Nikkei index will rise or fall next. Affect their profits." Chen Tao explained to Lin Haocang in detail.

It turned out to be the case.

Lin Haocang understood Chen Tao's explanation.

"You mean... let me buy Nikkei put options directly from Morgan Stanley and Salomon Brothers?" Lin Haocang smiled.

"You mean... let me buy Nikkei put options directly from Morgan Stanley and Salomon Brothers?" Lin Haocang smiled.

"Yes. Although the price of Nikkei put options sold by Morgan Stanley and Salomon Brothers is relatively much higher, the advantage lies in the large volume, and these investment banks want to sell Nikkei put options, but they don't care who is the buyer. Even if Mr. Lin bought a huge amount of Nikkei put options, and no one would notice." Chen Tao said.

Ok.

Lin Haocang nodded secretly involuntarily, this is a good idea.Although it will increase the cost of investment, but thinking of the Nikkei index that is about to plummet, the benefits will exceed imagination.That extra cost is not worth mentioning. "You're quite confident, so you're not afraid of losing money?" Lin Haocang said with a smile after glancing at Chen Tao.

"This statement is wrong. It's not that I am confident, but Mr. Lin's actions have given me confidence and strengthened my thoughts!" Chen Tao said with a smile.

Lin Haocang glanced at Chen Tao and smiled silently.Chen Tao is a shrewd person, and he may have seen something from Lin Haocang's actions.

"Phew. Keep an eye on it for me. If there are Nikkei put options at a suitable price, you can buy them all!" Lin Haocang thought for a while before making a decision.

"Mr. Lin, don't worry!" Chen Tao assured, patting his chest.

"It's getting late, you should go back and rest too. If you don't have enough funds, you can come to me again!" Lin Haocang politely issued a eviction order.

Looking at Chen Tao who left, Zhang Xiaolei frowned and reminded, "Chairman, Chen Tao already has full control over a huge sum of 50 billion US dollars. It would be too risky to provide him with more funds. After all, we My understanding is limited to the investigation data, which is not very comprehensive!"

Ok.

Lin Haocang nodded in agreement, he was very optimistic about Chen Tao.But also have to guard against. "Well, it just so happens that a group of traders will be sent to Singapore recently. By the way, I will send a few more financial personnel to supervise the funds. When the time comes, I will send one to Chen Tao. I entrust him with hundreds of millions of dollars of funds to manage, and send a financial officer The personnel went to supervise. If you want to come, the other party has nothing to say."

"It will be much better if there is a financial person to supervise it!" Zhang Xiaolei nodded with a smile and said.

(End of this chapter)