Future chat group

"Opening ceremony?" Lei Hao felt like he was sitting on a candle. The Guangdong University of Finance and Economics had sent out many invitations, asking him to attend ceremonies of all sizes.

Lei Hao didn't like these occasions, and going back to his alma mater wasn't something you could just sit down and leave.

With Lei Hao's current net worth, it is normal for him to donate a student fund, build a teaching building, etc. Of course, he also knows that the school has no intention of doing so now, otherwise, Yang Huizhi would not come forward.

Guangdong University of Finance and Economics is not short of money, but it is short of reputation, students, teaching force, and status. What they dream of is to be promoted from a junior college to an undergraduate university. It will rise in the shadow of Lingnan University of Finance and Economics and make Guangdong's financial institutions The school has changed from a single school to a two-strong school competing against each other.

Yang Huizhi told Lei Hao the school's plans and arrangements sentence by sentence. At the end of her words, there was some prayer in her tone. As an associate professor who has taught at Guangdong University of Finance and Economics for many years, she treats her students as her children and the school as her home. This matter is of course obligatory.

"The dean has invited many people, all of whom have old connections with the school. Tiger, this step is very important to the school. You have to agree." Yang Huizhi finally said.

"OK, I will be there on September 24th." Lei Hao raised his hands in surrender.

When he was studying, Lei Hao relied on student loans. Although Yang Huizhi helped a lot, the Guangdong University of Finance and Economics also objectively helped Lei Hao a lot. Coupled with the needs of his alma mater, he couldn't refuse this kind of thing.

"Before returning home, I expected that there would be a lot of things." Looking at Yang Huizhi's smiling face, Lei Hao then sighed and said, "All kinds of ceremonies, all kinds of banquets, all kinds of occasions."

"Now you know that Mr. Su and the others are worthy of their salary." Qiu Yuting smiled and added, "As a boss, you were originally the occasion for you to come forward, but now they are mostly handling it."

"So Thunder's welfare level is the highest in the industry." Lei Hao blinked and said quite proudly.

The scene immediately became harmonious. With Lei Zhenqiang around, everyone stopped talking about finance and economics, and instead chatted about everyday things.

Lei Hao began to worry about the time arrangement in his heart. After he returned to China to deal with some matters, LEI's ATE contract should be almost settled. By then, he would not know whether to stay in the country or go abroad, which would make it difficult to handle it well.

If Lei Hao is in the United States by then, a round trip will take more than 20 hours, which is quite a waste of time.

The school matter couldn't be pushed back, so Lei Hao could only agree. But then, he realized that there were so many things that couldn't be pushed away.

There were a lot of relatives and friends, just socializing, and Lei Hao spent a few days. This was on the premise that he turned down most of the invitations, and also dealt with the Thunder affairs. It was not until the 16th that he saw that he could have some leisure time. Down the dawn.

It just so happens that at this time, the project to establish a Sino-foreign joint venture financial institution headquartered in the Shanghai Free Trade Zone has almost been finalized, and the fund management methods discussed by LEI and several institutions can also be signed on the contract.

As expected by Lei Hao, the truth is that the political side occupies the complete initiative, and there is nothing to talk about. What the higher-ups want to do and how much restrictions they can relax are all ruled by people, and the so-called laws are not perfect at all.

To give a simple example, from a legal point of view, foreign financial institutions enjoy almost the same treatment as local Chinese institutions. However, HSBC only has a dozen outlets in the Shanghai stock market, while ICBC has more than 400. Why? The blood is different and the treatment you enjoy is different.

Of course, not only Lei Hao, but also HSBC, Keda, and even the Chinese side, all know that the new organization is just a flag. Everyone sets up a platform on which everyone gets what they need, cooperates with each other, tests and plans with each other. By the way, let me tell you There is a voice from the outside: We are moving towards formality.

We need to meet more people on the 17th. Recently, there are calls for the appreciation of the US dollar. LEI and Thunder Group are accumulating corresponding chips. Several institutions such as HSBC and Keda are also on the side of allowing the US dollar to appreciate. After collecting chips, In addition, the predators each perform their own duties and use their strength as they wish.

But no one knew what the outcome would be, and even Lei Hao couldn't be 100% sure of the future information, not to mention that the time span was somewhat off.

The rise in the stock market index has been realized, but the volume has shrunk from the high level. To big funds, the rise is the same as the rise. The market is optimistic but extremely cautious.

"Little things keep happening, big things don't happen, something is wrong." At night, while flipping through a lot of information in the study, Lei Hao always felt that something was not right.

To be precise, the calmness of the financial market is actually a gestation period. Unless the market is extremely immature or tens of millions of people have no conflicts of interest, otherwise it will always fluctuate.

The profits of financial practitioners are derived from fluctuations. The two are bullish and bearish. The two hedge against each other. Whoever wins and who loses depends on his own ability.

The problem now is that things always seem to be covered with a thin veil, and Lei Hao cannot get a glimpse of the overall situation, and even if he knows some changes, after his funds are involved, whether the future will still be the same is impossible. It's one hundred percent certain.

"Forget it, it's just ordinary, but I still got a lot of profits." Thinking rather helplessly, Lei Hao looked at the time, took out his phone, and saw today's future information.

Upon seeing what he saw, Lei Hao almost thought he had seen it wrong.

"Shibor is soaring, the central bank is determined to deleverage and is determined not to release money..."

The combination of several pieces of information revealed this content. If ordinary people knew about this kind of thing, they would definitely be scared to death.

In China's financial circle, the central bank is referred to as the Central Bank, and all institutions under it are "sons." How does the Central Bank exist? With trillions of dollars in foreign exchange reserves in hand, China can stand up to the murderous beast of the house.

It can be said that if the central bank coughs a little, China's financial circle will catch a cold. If the central bank makes some big moves, the whole world will have to focus its attention.

What is deleveraging? It's a common question.

Archimedes said that if you give him a fulcrum, he can lift the earth. Financial practitioners say that if you give them a lever, they can exploit the whole world.

Take real estate as an analogy. A house costs 1 million, and I only have 100,000. I borrow 900,000 to raise enough money to buy the house. This is ten times leverage. What will happen next? I have to pay back the interest. I borrowed 900,000 yuan. If the price of the house does not increase, I will be at a loss.

This situation has almost no solution for ordinary people, but financial institutions or big funds have a solution: I will borrow again.

Borrowing 900,000 yuan is borrowing, and borrowing 9 billion yuan is also borrowing. When I raised the house price to 2 million, due to the influence of market psychology and the laws of supply and demand, the house price was 2 million. If you don’t agree, come and argue.

There are a lot of levers here, and financial leverage was originally intended to optimize resource allocation, but the financial circle applied it to all commodities, including houses, and then... the money was still the same, and things became more expensive.

All in all, leverage is almost equivalent to the risk accumulated in the economic system. If it accumulates too much, even the central bank will kneel down when it breaks out. Therefore, deleveraging is correct, but factors such as method, timing, and intensity need to be considered.

PS: I know that sh in Shibor stands for Shanghai 0.0, but it doesn’t feel very good to change some things, so I still use this one, because the name of Shanghai Stock Exchange becomes hibor... which is the interbank offered rate in Hong Kong in reality.