Chapter 325 Debate (1)
"At the beginning of the IMF's bailout condition, we opened up the financial market, and then foreign capital flooded in like a tide. If we want to compete with, use or absorb these capitals, should we use their methods? It’s a symbol that we, Shunyang, are ready to join the global competition, but judging from your expressions, it turns out that this is my illusion alone.”
Although Daojun's voice was not high, they thought it was a severe reprimand, so no one looked directly at him and responded.
"Well, even if I look at it, I know what you should do first. Regarding Dao Jun's question, shouldn't you make a perfect report to deal with foreign capital, right?"
"I... I'll prepare right away."
President Yang Yucan finally answered, and Chen Daojun shook his head.
"No, I have prepared some things. I think it's better for everyone to watch and discuss together. If you feel uncomfortable because of me, I can choose to be absent. After the entire management of the financial company gathers and discusses thoroughly, let me know The end result will do."
Wait for everyone to get the information.
Someone asked, "Did you prepare it?"
It was Daojun's preparation, but he didn't need to tell the truth.
Chen Daojun understood that if he wanted to exert some pressure, he had to rely on Chen Yangzhe's authority.
"No, it was prepared to invest in the head office of country M every day. It took several months just to analyze the financial company in Shunyang. Please read it, I think it will be helpful."
Although the presidents all showed embarrassment, Chen Yangzhe was very curious.
"I'm curious about what that is. Does it mean that country M is analyzing us?"
"Grandpa, it may be difficult for you to understand."
"Speak human, you kid!"
Seeing Chen Yangzhe's feigned sullenness, Daojun understood that his grandfather was starting to flatter him.
"Okay, then you can talk to these friends. Although I don't know, they should know, right?"
Chen Yangzhe, who had been watching with a smile on his face before, put away his smile and started to stare at the presidents, an invisible pressure was released.
"President Yang."
"Ok?"
Seeing him startled, Daojun felt a little funny.
"You should have invested a lot in the stocks of Shunyang Life, and you also bought a lot of financial products from domestic banks, right?"
"No, that's right."
The other party's answer showed embarrassment. In name, he is the representative director of the life insurance company, so it is impossible not to grasp the products invested by the company.
If Chen Daojun asked about investing in commodities, he would definitely be ashamed in front of the chairman.
Fortunately, Chen Daojun opened his mouth to make a rescue: "The product usually shows the performance, expected rate of return, safety, etc., but when I invest in that financial product, it doesn't explain where my money flows, and I don't know what the product I invest in is What is it made of?"
"What do you mean by that? Bonds, stocks, spot investments... specific places..."
Chen Yangzhe couldn't wait, but pretended not to know.
"No, it has become more complicated recently. Bonds are also bundled together to make commodities. For example, Florida's residential guaranteed loan bonds are mixed with London corporate bonds and Mexican government bonds."
"As complicated as it may seem, it's a bond anyway."
"If that's the case, it won't be a headache. There are other things mixed in here, that is, the derivatives of the bond recovery rate bet."
"What exactly are you trying to say? Are you trying to say that because I don't know the details of that product, I'm not qualified to be the president?"
Sure enough, President Liang winked very much, he didn't let the scene cool down, and he cooperated very well.
He was afraid of other situations, and even interrupted Daojun's words.
To this extent, it is necessary to give enough face and match the rhythm.
In the future, I will also be a person who needs to meet frequently. If there is an awkwardness over a trivial matter, only Daojun will find it difficult.
Now the presidents standing in front of me are still a bit threatening.
"No, how could it be possible to know everything? Analysts are the ones who should understand this correctly. Analysts who are in charge of investment will be fired if they don't know the details of the product. Managers don't need to know."
President Liang asked: "So what do you think is the responsibility of a senior executive? What should a boss know?"
"Although there are one or two responsibilities, isn't the most important thing to correctly judge the situation, especially the financial situation?"
Chen Daojun made the final decision.
supplementary
(End of this chapter)
"At the beginning of the IMF's bailout condition, we opened up the financial market, and then foreign capital flooded in like a tide. If we want to compete with, use or absorb these capitals, should we use their methods? It’s a symbol that we, Shunyang, are ready to join the global competition, but judging from your expressions, it turns out that this is my illusion alone.”
Although Daojun's voice was not high, they thought it was a severe reprimand, so no one looked directly at him and responded.
"Well, even if I look at it, I know what you should do first. Regarding Dao Jun's question, shouldn't you make a perfect report to deal with foreign capital, right?"
"I... I'll prepare right away."
President Yang Yucan finally answered, and Chen Daojun shook his head.
"No, I have prepared some things. I think it's better for everyone to watch and discuss together. If you feel uncomfortable because of me, I can choose to be absent. After the entire management of the financial company gathers and discusses thoroughly, let me know The end result will do."
Wait for everyone to get the information.
Someone asked, "Did you prepare it?"
It was Daojun's preparation, but he didn't need to tell the truth.
Chen Daojun understood that if he wanted to exert some pressure, he had to rely on Chen Yangzhe's authority.
"No, it was prepared to invest in the head office of country M every day. It took several months just to analyze the financial company in Shunyang. Please read it, I think it will be helpful."
Although the presidents all showed embarrassment, Chen Yangzhe was very curious.
"I'm curious about what that is. Does it mean that country M is analyzing us?"
"Grandpa, it may be difficult for you to understand."
"Speak human, you kid!"
Seeing Chen Yangzhe's feigned sullenness, Daojun understood that his grandfather was starting to flatter him.
"Okay, then you can talk to these friends. Although I don't know, they should know, right?"
Chen Yangzhe, who had been watching with a smile on his face before, put away his smile and started to stare at the presidents, an invisible pressure was released.
"President Yang."
"Ok?"
Seeing him startled, Daojun felt a little funny.
"You should have invested a lot in the stocks of Shunyang Life, and you also bought a lot of financial products from domestic banks, right?"
"No, that's right."
The other party's answer showed embarrassment. In name, he is the representative director of the life insurance company, so it is impossible not to grasp the products invested by the company.
If Chen Daojun asked about investing in commodities, he would definitely be ashamed in front of the chairman.
Fortunately, Chen Daojun opened his mouth to make a rescue: "The product usually shows the performance, expected rate of return, safety, etc., but when I invest in that financial product, it doesn't explain where my money flows, and I don't know what the product I invest in is What is it made of?"
"What do you mean by that? Bonds, stocks, spot investments... specific places..."
Chen Yangzhe couldn't wait, but pretended not to know.
"No, it has become more complicated recently. Bonds are also bundled together to make commodities. For example, Florida's residential guaranteed loan bonds are mixed with London corporate bonds and Mexican government bonds."
"As complicated as it may seem, it's a bond anyway."
"If that's the case, it won't be a headache. There are other things mixed in here, that is, the derivatives of the bond recovery rate bet."
"What exactly are you trying to say? Are you trying to say that because I don't know the details of that product, I'm not qualified to be the president?"
Sure enough, President Liang winked very much, he didn't let the scene cool down, and he cooperated very well.
He was afraid of other situations, and even interrupted Daojun's words.
To this extent, it is necessary to give enough face and match the rhythm.
In the future, I will also be a person who needs to meet frequently. If there is an awkwardness over a trivial matter, only Daojun will find it difficult.
Now the presidents standing in front of me are still a bit threatening.
"No, how could it be possible to know everything? Analysts are the ones who should understand this correctly. Analysts who are in charge of investment will be fired if they don't know the details of the product. Managers don't need to know."
President Liang asked: "So what do you think is the responsibility of a senior executive? What should a boss know?"
"Although there are one or two responsibilities, isn't the most important thing to correctly judge the situation, especially the financial situation?"
Chen Daojun made the final decision.
supplementary
(End of this chapter)
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