God-level Trader of Rebirth

Chapter 409 Workplace Relationship Theory

Since [-], under the pressure of the bear market, Huaxia's securities industry has suffered losses for several consecutive years.

In [-], following the bankruptcy of Nanfang and Dapeng, Huaxia Securities was reorganized, and Hantang and Minfa were entrusted. The entire industry experienced an unprecedented crisis of trust.

"The mountain is poor and the river is full of doubts, and there is no way out, and the willows are dark and the flowers are bright, and there is another village."

The year [-] is destined to become a watershed for Huaxia's securities industry.

This year, the Shanghai Composite Index made great strides all the way, reaching 2600 points, out of the 16-year record high since the establishment of the stock market, and the securities industry closely related to the stock market also ushered in a historic turning point.

As the stock market went bullish, major brokerage firms emerged from the quagmire of the bear market one after another.

The market is booming, and the trading volume has repeatedly hit new highs, especially those large brokerages with outlets nationwide, such as Galaxy Securities, Guotai Junan, Shenwan, etc., who have benefited the most.

The number of their accounts and deposits have increased sharply, and their contribution to the company's income is generally more than 50%.

China's securities industry, as if overnight, turned from a near-impossibility to a bumper harvest.

It is precisely because of this that in the early years, some securities companies that were unable to go public because their performance did not meet the standards began to make plans to launch a new round of IPOs.

Against the background of this wave of securities companies going public, the performance of securities companies has begun to receive more attention.

Orient Securities took the lead in releasing the 2006 unaudited financial statements: the net profit reached 15.33 billion yuan, a year-on-year increase of 6.4 times.

This beautiful annual report reveals a corner of the brokerage's operating conditions.

Although Infinity Securities is a rising star in the Huaxia securities industry and has a small number of sales offices, which are only distributed in South China, in this year, its performance also experienced a sharp increase.

In the general manager's office, Li Xi'er held a copy of the "Securities Times" and read: "The China Securities Regulatory Commission stated that throughout 2006, 93 securities firms achieved profitability, and many securities companies such as Pacific, Everbright, and China Merchants have announced preliminary listing plan”

"Awei, the stock market is doing well now, and there are a lot of brokers queuing up to go public. Should we take this opportunity and let the securities companies go public first?"

Chen Jie sat on the sofa, took a deep puff of his cigarette, and tapped the ashtray a few times.

In addition to expanding its influence, sub-listing can also raise large sums of money, allowing personal wealth to skyrocket again. As for the rigid requirements of the company's share capital and three consecutive years of profitability, Infinity Securities has no problem at all.

"Let's take it easy, let Lin Hai get familiar with the mainland's rules, and even if we want to go public, it will be no problem to find a team with the China Securities Regulatory Commission." Chen Weidong turned off the software and explained to Chen Jie.

Asset securitization is a trend, but Infinity is not yet so short of money.

What's more, there are many things that are more urgent than the listing of subsidiaries, such as the impending subprime mortgage crisis, how to fish in troubled waters, and maximize profits are the top priorities.

"Okay, listen to you, how far do you think the stock market can go?" Chen Jie nodded slightly and asked again.

In [-], the stock market was booming, and he bet heavily on the real estate sector.

With the announcement of the outstanding performance of real estate companies, the stocks of real estate companies have doubled one after another, and the size of the mixed fund he manages has also exceeded 5000 billion without any suspense, which is higher than that of the second largest asset management company. China Fund is eight times higher!
As of the end of December, the total market value of the Shanghai and Shenzhen stock markets was only 12 trillion.

From another perspective, Chen Jie is no longer just managing an ordinary fund, but helping the whole people manage their finances.

Nearly 800 million investors subscribed to his fund.

If he conducts a large-scale sell-off of the stocks he holds, the stock market is very likely to cause systemic risks, and it is not impossible to directly extinguish the flames of the bull market.

Chen Weidong thought about it, and it's only January now: "Half a year, half a year at most, you will withdraw one after another. When the market is crazy, it will accelerate its rise. This is the best time to reduce your position."

"I understand the truth. However, public funds cannot be short-positioned. The Securities Regulatory Commission stipulates that at least 65% of the position should be maintained." Chen Jie stubbed out his cigarette butt, and said a little depressed.

Retail investors can be blindly bullish on the market, but as market leaders, institutions must be aware of risks at all times.

Would rather earn less than earn the last penny.

He has been a fund manager for so long, and he has also deeply realized that the playing methods of small funds and large funds are completely different.

The amount of capital is so large that it has been out of the scope of technology.

Just like those so-called folk stock gods, big problems will arise once they operate large funds.

Because it is difficult to complete the opening of large funds in a short period of time, it is necessary to strictly control the ratio of trading volume to the daily trading volume of a single stock, so as not to affect the stock price as much as possible.

The same goes for winning and getting out.

If there is a direct violent liquidation, it will not only cause the stock price to plummet, but also lead to a decrease in the yield rate, which will affect the overall sentiment of the sector and the market.

Therefore, when researching strategies, scale is a very important consideration, and it is necessary to calculate the time for opening and closing positions.

"Your fund is a mixed fund. If the market is too bad, you can transfer part of the funds to the bond market, which is not considered a short position."

Chen Weidong made a suggestion.

Of course, deep down in his heart, he still had a way that he didn't say.

That is the fund manager, if he predicts that there may be extreme market conditions in the future, such as a stock market crash or an avalanche, he can notify the customer in advance to redeem in order to preserve the income.

But that runs counter to the fund industry's goal of making money.

Anyone who persuades Jimin to sell will cut off the company's financial resources and break the unspoken rules of the industry, and will easily become a target of public criticism.

"That's the only way to go." Chen Jie sighed.

In terms of flexibility, public funds are indeed far worse than private funds, but since he chooses to be the manager of this fund, he still has to do it well.

After all, he is also a person who wants face.

But sometimes when I think about it, I feel that it's so special. I am a rich man with a net worth of tens of billions, and I worry about ordinary people's money every day.

"Look at the news!"

Li Xi'er suddenly discovered something, took a newspaper and read: "A female college student went to a top brokerage company to interview an administrative assistant, and was asked to dance one-on-one with the interviewer."

"As for the criteria for judging, including enthusiasm and initiative, closeness, tightness, etc., is this an interview or a prostitution service?"

"Such a big brokerage company is still in such a mess, shouldn't this be the case in our company?"

After finishing speaking, she glanced at Chen Weidong and Chen Jie appreciatively.

"Of course not. We rely on our strength to make a living. We never engage in such messy things, and the number of female employees in the administrative department is less than one-tenth."

Chen Jie immediately explained.

He thought about it, but restrained himself.

After all, if he did this, his status would be too low. Besides, does he need to put in so much effort to like a woman?

Not worth it at all.

At this time, Chen Weidong said lightly: "Isn't this normal? There's no fuss. Administrative assistants are supposed to do this kind of thing. They just asked for a little more directness."

"Heh, it's you people who ruined the social atmosphere." Li Xi'er was indignant, obviously very repulsed by this kind of behavior.

"Financial companies generally require beautiful women. One is to show the company's appearance, and the other is to communicate. If the little beauty shouts, the business will be stable."

"Understand?"

Chen Weidong acted like you have never seen the world.

"Specially asking girls to have a good figure and good looks, and these messy requirements, do you think it's normal?"

Li Xi'er retorted, staring straight at Chen Weidong with a pair of big eyes, as if if he was not satisfied with the answer, he wanted him to look good.

"It's not that nasty, and the company doesn't want to have an improper relationship, which is not good for the company, but the general unspoken rules are definitely welcome, like accompanying wine, acting like a baby, this is a must, This is external."

"Internally, it is also required to eat well, so that employees can feel at ease. Isn't that what administration is for? Otherwise, why do you want to be an administrator?"

“It’s all the job of an executive position.”

"First of all, you have to understand that the secretaries and administrators of fund companies are supposed to eat this job. As long as there is no improper relationship, they are good employees. Do you think a serious person is qualified for this position?"

Chen Weidong patiently explained slowly.

"The subordinates are all beauties, and they hang around in front of you all day long, so you can't help but flirt, and don't care?" Li Xi'er raised her brows and said coldly.

"Those who do this kind of thing are idiots, and they are making trouble for themselves."

"There are a lot of women out there. If you insist on finding your secretary, isn't that going to kill you?" Chen Weidong shrugged, but anyone with a brain knows how to choose.

"Then if you were secretly, who would know?" Li Xi'er was speechless, still a little unconvinced.

Chen Weidong smiled and raised a finger: "First, it's impossible for no one to know. Second, even if no one knows, what should the secretary do if he is dissatisfied with you one day? Once the incident happens, the future will be completely ruined. Few people Dare to do that."

"Look at the news that broke out, they are all idiots who eat the grass on the edge of the nest, and even more people who don't eat the grass on the edge of the nest, but are stable."

"A knife on the head of the color word depends on who you are dealing with. If you are dealing with subordinates, it will involve job crimes or something. It is hard to say, but if you treat people who have nothing to do with you, at most you will have a rough life style, not much. event."

"As far as the company is concerned, there can be no relationship between men and women in the office, because public and private cannot be defined, and it will be troublesome in the end."

"Hahaha, Ah Wei, you are so right!"

As soon as the words fell, Chen Jie clapped his hands and stood up from the chair, feeling for the first time that he still had to study.

At least this serious way of reasoning with women can be used for reference.

Sure enough, Li Xi'er's face was serious: "What? You seem to be very experienced. Have you ever been a fund manager?"

(End of this chapter)