rebirth of cataclysm
Chapter 994 The market has risks
Hu Mingchen has such a judgment because he has experienced the world financial crisis, at least he has experienced it from the media and newspapers.
In the financial crisis sweeping the world, those mortgage-backed securities have indeed turned into junk securities, and many large financial institutions and companies have collapsed as a result.
Since Hu Mingchen knew about this phenomenon, how could he let it go? If he had the foresight and didn't take advantage of it, wouldn't he be very sorry for himself?
Hu Mingchen is not an expert in the financial field, but that doesn't mean he can't find such a person.
In fact, since Raymond joined Pengbo Electronics Group, Luo Guangcong was given a new task by Hu Mingchen.
Two months ago, Luo Guangcong resigned from the position of director of the overseas marketing department of Pengbo Electronics Group and became the president of another Golden Lily Investment Company.
The company Golden Lily is not a domestic enterprise. It was originally registered in an island country in the Caribbean. However, as Schultz said, its funds were provided by Hu Mingchen.
In other words, Luo Guangcong is just a figure on the stage, but in fact the person behind it is Hu Mingchen.
The reason why Schultz was able to notice it immediately was also related to Luo Guangcong. If Hu Mingchen had found a stranger to take the lead, then Schultz and the others might not be aware of Hu Mingchen's plan.
Luo Guangcong is not just a market talent. In fact, he is also a financial talent. His undergraduate degree was in finance. He studied abroad and his degree was also in finance. He once interned at Morgan. After graduation, he became a serious
His first job was at a fund company, and Goldman Sachs poached him along the way.
Some of these contents were written by Luo Guangcong on his resume, and some were revealed by Hu Mingchen when he chatted with him.
Since he has such a background and academic qualifications, of course Hu Mingchen will take advantage of him and there is no need to find someone else.
In the past two months, Luo Guangcong sent at least one email to Hu Mingchen almost every day. In addition to setting up a company, he also poached people everywhere.
The people recruited by Luo Guangcong are basically foreigners, and even some of them are Chinese, and they are all foreigners.
Because this time Hu Mingchen did not simply set up an investment company in general, but had very detailed internal subdivisions, such as the North American Project Department, the Japanese Project Department, and the European Project Department. Under the European Project Department, there are also divisions
There are several groups, specifically targeting the three major countries of Britain, France and Germany, as well as small countries such as the Netherlands, Luxembourg and Iceland. Hu Mingchen has not let go of Southeast Asia. He missed the gluttonous feast in 1997, so he must seize the opportunity this time.
The Chinese have a good explanation for the word "crisis", that is, there are huge opportunities in crises, and it depends on whether they can be caught.
This global financial crisis is a disaster for most people around the world, but for Hu Mingchen, it is a huge opportunity, an opportunity to continuously increase his financial resources and strength to several levels.
Of course, Hu Mingchen was also making a huge bet. If the bet failed, Hu Mingchen's family would not return to the stage where food was a problem, but at least Hu Mingchen would no longer be considered a rich man.
In order to raise money for Luo Guangcong, Hu Mingchen mortgaged his most valuable shares of Penguin Technology Group and Aniu Company to a Japanese bank and borrowed a large amount of money.
Hu Mingchen's loan is a one-year short-term loan. If Hu Mingchen cannot repay the money within one year, then Hu Mingchen will no longer have any involvement with Penguin Technology Group and Aniu Company from now on.
Why didn't Hu Mingchen mortgage to a domestic bank, but chose the Bank of Japan? Did Hu Mingchen want to be a traitor and give up these two pieces of fat to others?
Of course not, quite the opposite, but Hu Mingchen wanted to make a fortune from the Japanese through borrowing money.
Hu Mingchen mortgaged it to the Bank of Japan, and the loan amount was in Japanese yen. This has two advantages. Hu Mingchen deliberately lowered or concealed his attention to making huge profits from this crisis. At least he did not want many people to think that there was a Chinese NPC
Made a fortune. This is consistent with the low-key way of doing things that Hu Mingchen has always pursued.
Secondly, in this crisis, because everyone adopts quantitative easing policy, and the United States will transfer part of its losses, the Japanese yen will depreciate by 30%.
In other words, even if Hu Mingchen does nothing, he can still make 30% of the profit just by relying on the depreciation of the yen. However, Hu Mingchen's bet is so big, of course it cannot be for the 30% petty profit.
"You have an idiom in China, which seems to be...taking chestnuts from the fire. Are you going to try it in reality? Also, why don't you seek a loan from an American bank? Wouldn't it be better to borrow US dollars directly?" Schultz
asked.
"It's rare that Mr. Schultz is familiar with Chinese culture, and also understands the idiom of taking chestnuts from the fire...Mr. Schultz, I believe that in your life, you must have done this more than once
Otherwise, you would not have the wealth and achievements you have today. I firmly believe that the greater the risk, the lower the rate of return.
In fact, the higher. As for looking for loans from American banks, forget it. They don’t have so much spare money now. As far as I know, the cash flow of many big banks is very tight. Mr. Schultz, why do you think so?
Where are I?" Hu Mingchen changed into a comfortable position, put his feet on the table, and bent the back of the chair with his body.
"That's what I experienced when I was young. The older I get, the less courageous I become. I haven't gambled for many years... If I did, it would be investing in Pengbo Electronics Group." Schultz said with relief.
In one breath, he spoke with sincerity and sincerity.
"This shouldn't be considered gambling, right? You can see profits from the beginning, haha." Hu Mingchen said with a smile.
"Well, so far, I haven't been disappointed. You are very confident that you are playing so big this time?" Schultz said with emphasis.
"Mr. Schultz, you have been in business for decades, do you have a business that is 100% sure? I haven't seen it. How can it be possible that 10 points are possible? Sixty-seven points is not bad. Otherwise, it is called a big gamble, don't you think so?
?" Hu Mingchen and Schultz were using their wits to push the Tai Chi path.
"Are you really only 60 or 70% sure?" Schultz asked.
"It's really only six or seven points. Why...does Mr. Schulz also want to play?" Hu Mingchen vaguely heard the implication of Schulz's words and sensed some of his intentions.
"You are so smart. No wonder I trust and like you. It's just that I'm old and I don't dare to play anymore. But... I plan to let my grandson play with you. Look, you
Can you take him with you?" Schultz praised Hu Mingchen and asked.
"As long as Mr. Schultz is willing, I don't care. However, the market is risky and investment needs to be cautious. Anyway, we are responsible for our own profits and losses. I don't know if he, who graduated from a world-renowned university, has such interest." Hu Mingchen shrugged.
.
No one can earn all the money, not to mention, what he earns is not his own money, so Hu Mingchen doesn't care at all.
However, according to Hu Mingchen's understanding, the proud little Schultz would not be willing to play with Hu Mingchen. He didn't really like Hu Mingchen, so Hu Mingchen had to tell the ugly things in front of him to avoid making everyone unhappy later.
If little Schultz really follows Hu Mingchen, then he will not lose money, but the difference is that he will make more and less. However, little Schultz will not follow Hu Mingchen's steps.
"Okay, if that's the case, I will let him go to Luo Guangcong with 500 million US dollars. He will do whatever you do, which is a follow-up strategy." After receiving Hu Mingchen's consent, Schultz immediately made a decision.
road.
As for any markets that are risky, Schultz will directly filter them out.
After hanging up the phone, Hu Mingchen crossed his arms and looked at the lower and lower clouds outside the window, feeling as if the thick clouds were about to touch the roof of the building.
The sun has been shining for several days in a row, and it seems that Liangcheng is going to have a good rain.
After a while, a dazzling bolt of lightning pierced the clouds and drew down from the sky, followed by a rumble of thunder.
A heavy rain came as expected without any surprise. The big raindrops fell from the sky like bead curtains, bringing a chill to the city this summer.
Most people quickly close the windows when it rains, but Hu Mingchen is just the opposite. He stops his feet, gets up and opens the window with a crack.
It's not that Hu Mingchen is so hot now that he wants to feel the coolness brought by the rain and moisture. No matter how hot the city is, it can't get much hotter. He just likes rain inexplicably. It seems that looking at the dense rain and mist, he can get more
My mind is calm and my mind is clearer and clearer.
Although Hu Mingchen is usually unhurried and carefree. In fact, it is just an appearance in front of others and in the eyes of his family. It seems that Hu Mingchen is omnipotent and can solve any difficulty no matter how big it is.
In fact, Hu Mingchen's mental pressure has been relatively tight recently.
In order to mortgage the loan, Hu Mingchen also arranged for his father, Hu Jianjun, to hand the compiled documents to him for signature. However, Hu Jianjun couldn't understand the dense words at all. He just signed whatever he asked under Hu Mingchen's command.
How to sign.
Hu Jianjun also asked Hu Mingchen, but Hu Mingchen did not tell the truth, he only said that it was some annual normal documents.
Schultz also mentioned Vanity Company, and Hu Mingchen didn't care about it on the surface, but he didn't relax his attention bit by bit.
Hu Mingchen admired Taizu's two sentences very much: despise the enemy strategically and attach importance to the enemy tactically. These two sentences are feasible and useful in war, and the same is true in shopping malls.
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