Future chat group

The contract principal of 300 billion represents US$300,000 per basis point of the U.S. federal funds rate. Based on the average daily interest rate change of five or six points, multiplied by the three days of the 26th, 27th, and 28th, the contract represents the average The risk is about 4.5 million to 6 million.

Lei Hao gave a three-point "bet" concession, that is to say, he gave in a fraction first. In the eyes of outsiders, this was called saving face and suffering.

"0.7518%, another three basis points off."

On Tuesday, the 25th, after the contract was signed and before he returned to Forest, while sitting in the car, the new US federal funds rate came out. Fox didn't know whether he should be happy or worried.

Today's opening price of the U.S. federal funds rate determines the agreed interest rate between Forest and Oasis Securities. It dropped by 3 basis points, which invisibly expanded the profit margin by three basis points. However, the continuous decline has verified the judgment of Oasis Securities. This is actually A bad thing.

Moreover, Lei Hao also gave 3 basis points of 900,000 US dollars, plus some contract signing fees, which was exactly 1 million. The interest rate agreed between the two parties was determined to be 0.7521%, the same as when the market opened yesterday.

In other words, Forest had just signed an agreement with Oasis Securities and had already lost 1 million.

"I'm willing to admit defeat." Lei Hao was sitting in the office, talking on the phone with the Chinese side, answering Qiu Yuting's inquiry about the situation here, with a relaxed tone: "In fact, if it weren't for these 1 million, Oasis would definitely You won't sign an agreement with me quickly, and..."

"This number is the maximum amount they were willing to agree to yesterday. Normal institutions are very strict about risk control." Lei Hao explained, feeling inexplicably emotional.

Changes in China's interbank interest rates are almost a puppet in the hands of big banks. Not to mention that Thunder is not qualified to sign large contracts, even if it is qualified, Lei Hao is not very good at it.

It's okay if you pay tens of millions, but if you get a contract with a profit and loss margin of hundreds of millions or even hundreds of millions, the four major banks will teach you how to be a good person and adjust it on the reference interest rate determination day. It's not too simple.

The United States will be better, but Lei Hao doesn't dare to gamble with a large and influential institution with a profit and loss contract worth hundreds of millions of dollars. The reason is still very simple: the risks are not equal.

At this time, Oasis Securities, which was also unable to exert more influence on the overall situation, jumped out. It was such a rare thing. It would be strange for Lei Hao not to catch it.

Even if he cheats and steals, Lei Hao still wants to sign a contract with Oasis Securities with as much principal as possible and pay a little extra cost to open a position, which is just a drop in the bucket.

"I've almost completed the integration of the three securities firms, but I'm just missing some shares. Let Thunder's investment banking department handle the listing matters." Qiu Yuting's voice came from the phone, her tone seemed very cheerful: "Aren't you coming back to take charge of the overall situation? "

"We'll see when the time comes. China's stock market will see a surge in the future. It's a good time to reorganize and go public at this time." Lei Hao had a headache.

The valuation of Thunder Investment is increasing rapidly, and the new Thunder Group has an exaggerated valuation of more than 15 billion, and... this is the actual value, not the listing valuation.

When Haiting, Lianbei and Yingyi merged into one, the new Yingyi would be listed as the shell of the old Yingyi. Lei Hao wanted to go back to take charge of the overall situation and learn some experience by the way, but he suddenly discovered something... It seemed, It seems, maybe, maybe he will be overpowered by Qiu Yuting again.

The stock market valuation of Jiu Yingyi fell to around 4 billion, Lianbei was worth more than 10 to 2 billion before it was listed, and Haiting was worth over one billion before it was listed. The three combined into one, the value is close to 7 billion.

Among them, Lei Hao gave 2 billion. Qiu Yuting, with the help of the Qiu family, almost wiped out all the remaining shares. Except for the Yuan Yingyi stocks in the hands of retail investors, she almost got a value of 4.5 billion.

These 6.5 billion shares are held by the Thunder Group, which is held by the couple. If we estimate the original investment of 12 billion by Thunder, Lei Hao’s original assets compared with his wife’s are 2 to 1, so the group owns them. Lei Hao has shown good performance The characteristic of a man is that he contributes to his wife’s wealth.

But the listing of Xinyingyi is different. Do you really think it will have a market value of 6.5 billion? What a joke, Liu Xingdong, Qin Yu, Luo Gaiting, Song Dongyuan and other people were there eagerly waiting to buy stocks. Without saying anything, they had already scorned the 13 billion figure given by the investment banking department of Thunder Investment.

Who doesn't know that the soul of Thunder Group is Lei Hao? How much is a financial miracle worth tens of billions in one year? Not to mention 13 billion, they will all hold shares at a valuation of 20 billion.

If you can't invest in Thunder Investment, it would be quite good to get some shares of Xinyingyi Securities.

"Many people are asking me to buy shares." Qiu Yuting also knew the reason, smiled happily, and said: "Tell me, how many shares do we want to release? What is the price?"

"Let Mr. Su and Lao Yu calculate it. Brother Dong and the others will give some, Song Dongyuan can have some, and the old man can also have some. Add in the company employees and connections in the political and business circles, and we won't be able to get much in the market." Lei Hao said a little depressed.

Most of the value of Xinyingyi Securities is Lei Hao's contribution. Everyone knows that if Xinyingyi Securities were not his and his wife's assets, and if Xinyingyi Securities were not a brother company of Leiting Investment, its valuation would be much less. .

With the backing of Thunder Group and the protection of Thunder Investment and Lei Hao, the market value of Yingyi Securities has expanded rapidly, and it is certain that it will be sought after by investors. Under the premise that Lei Hao is not willing to list Thunder Investment, Xinying Securities Yi Securities is the most open channel for investors to invest in Lei Hao.

"The funds raised from the listing are all given to Thunder Investment. Now, no matter what stock, as long as the valuation is similar, it can be held in the medium and long term. The central bank has devalued the RMB in recent times to prevent the influx of foreign capital from fleeing. The above People want to control the speed of capital flow!”

Lei Hao sat on the office chair and analyzed the economic situation for his wife: "China's economy is improving. Since last year, foreign investment has continued to pour in, pushing up the RMB exchange rate. The stock market, property market and other markets are improving, coupled with the government's regulation Measures and economic data are definitely improving."

"But it is obvious that some of the money is speculative. They want to exit the market after making profits. Devaluing the RMB is to suppress the speed of their outflows. They will definitely hesitate to enter when the exchange rate is high and will hesitate when the exchange rate is low."

"Looking at the world, Europe is in a mess, Asia-Pacific and South America are also in average condition. They don't have the space to accommodate large amounts of funds. As for the United States..."

"The depreciation of the RMB may stimulate the intention of more US dollars to flow into China, but with the central bank here, the speed can be controlled, and the United States will start to take action. An important step to retain funds and stimulate the economy is to raise interest rates!"

From just focusing on one stock to looking at the economic development of the entire world, Lei Hao spent a year accumulating knowledge and experience. Reminding him of future information, he set his sights on locations that could provide huge profits. It also started to fall on the global economic situation.

"Is this why you chose to enter into a forward interest rate agreement with Oasis Securities?" Qiu Yuting asked with a smile on the phone, with pride and joy in her tone.

"It's a reason. This is the first step of verification." Lei Hao's thoughts were far away.