Rebirth of the Strongest Tycoon
Chapter 488 The floating profit is more than 300 million US dollars
Ma Tengdong was a little dumbfounded when he saw the reaction of Chairman Xia Yu. He didn't say anything. It was almost all the bad situation of Risheng Club. How could he still say it?
Xia Yu saw Ma Tengdong's doubts in his eyes, but he did not explain.
After all, this matter is not easy to explain, can he still say that the future Risheng society will become rich with the robot warrior Gundam?
So the best way is not to explain and let Ma Tengdong figure it out by himself to increase his sense of mystery and prestige.
Therefore, Xia Yu directly instructed: "Tengdong, give you a task, send someone to find out the assets of Risheng Club as soon as possible, and then acquire Risheng Club, the price is acceptable, as long as it can be acquired!"
Ma Tengdong was stunned, and immediately said happily, "Good chairman!"
In his opinion, it is the chairman who is strengthening his strength. Although Risheng Club is not developing well, it is undeniable that there are a lot of animation production talents in Risheng Club. "Those who have been trained will definitely not be inferior in ability, and if they enter Jiuding Animation Company, they will definitely be the mainstay.
What's more, Risheng Club has been producing cartoons for six years after all, and the talent is absolutely complete. The acquisition can play a strong supplementary role to Jiuding Animation Company.
The chairman also gave a loose bottom line, making acquisitions much less difficult.
How does this not make him happy?
Therefore, Ma Tengdong has made up his mind to seize this opportunity and acquire Risheng Club.
After that, Xia Yu left and took Li Qian and others to the central district of Tokyo. Of course, not to find Wang Qi and others, but to find the temporary station of Galaxy Fund in Tokyo.
...
Because the four teams of Galaxy Fund are all working hard to enter the foreign exchange market of the island country, in addition to leaving some employees responsible for collecting information on the international crude oil and London gold market, Liu Xiao and other eight team leaders all brought people to Tokyo.
When Xia Yu arrived at the location, he was warmly greeted by Liu Xiao and others.
Without chatting too much, Xia Yu went directly to the topic to learn about the financial market situation in the island country, as well as the actual work progress of Liu Xiao and others.
Now the Tokyo foreign exchange market has not become a truly international financial market like the London and New York foreign exchange markets, but only a regional foreign exchange market.
This is because the island country is a country with a large proportion of its export trade in the national economy, and foreign exchange fluctuations have a huge impact on its entire national economy. If the supply of foreign exchange is in short supply, the foreign exchange rate will rise, the yen exchange rate will fall, and domestic prices will follow danger of rising.
In order to prevent exchange rate fluctuations, the island country government has to take certain measures to intervene in the market, which is the balanced management in the island country's foreign exchange market.
Due to various restrictions and market capacity reasons, the trading varieties in the Tokyo foreign exchange market are relatively simple, mainly USD/JPY and EUR/JPY.
Although there is a single variety, it has just the USD/JPY variety that Xia Yu needs, and it is still the largest transaction at present. Because the export commodities of the island countries are settled in USD, the USD/JPY transaction has reached more than 90%.
"Chairman, in order to get as much allocation as possible due to our own volume problem, our No. 1 Fund has now found four foreign exchange banks and used leverage ranging from 40 times to 50 times. As of October 15, it has been All entered the market, and the latest US dollar and yen index is currently 226.856, with a floating profit of 134 million US dollars.”
Liu Xiao, the leader of the group, answered first, and despite his calm and calm personality, he couldn't help but get excited when it came to this number.
When Xia Yu heard the words, although he expected it, he also showed a smile.
He even regretted that he only used 40 to 50 times the leverage. If he used a hundred times or two hundred times, it would be really cool!
However, just think about it. The use of high leverage needs to consider various factors, such as whether the market can accommodate it, whether the foreign exchange bank can withstand it, and whether the amount of funds is too large to escape.
Liu Xiao should have considered these,
Only then will 200 million Hong Kong dollars of funds be distributed to four banks, and the financial leverage is not fixed.
In fact, there is a big difference between the foreign exchange market and the stock market.
It is very high to use ten times the leverage of the stock market. If you want to use a hundred times leverage, it is as difficult as the sky, and the risk is too great. Few banks dare to give it, especially when it involves huge amounts of money.
After all, as long as the stock market fluctuates by 1%, investors can lose all their capital. Even if the fluctuation of 1% reaches the bank's supervision line, it is too late to force the liquidation, and the bank will be miserable.
However, the foreign exchange market is different. In many cases, it fluctuates to the third place after the decimal point. It is necessary to use high leverage to amplify the income, so that the income can be seen.
The financial leverage in the foreign exchange market ranges from 20 times to 800 times. If it is the Internet era of the future, the supervision of data fluctuations is easy, and the technical processing speed is faster. Many bookmakers dare to provide leverage of 100 times to 500 times, and foreign exchange speculators also dare to use .
But in this age, the leverage is generally below 100 times by default, and even below 50 times for unfamiliar customers. If the amount of funds involved is large, there will be different adjustments.
After all, foreign exchange banks and institutions dare to provide such high financial leverage because the foreign exchange market is too large.
Just like in the future, the daily trading volume of the global securities market is about 300 billion US dollars, and the daily foreign exchange transaction volume is nearly 6 trillion US dollars.
Even though the Tokyo foreign exchange market is still only a regional market, it is also the largest foreign exchange market in Asia.
After Liu Xiao's report, Fund No. 2 manager Xue He said: "Chairman, Fund No. 2 also found four foreign exchange banks, and also used leverage ranging from 40 to 50 times, and the current floating profit is 98.3 million US dollars. "
"Chairman, our No. 3 Fund..."
"Chairman, our No. 4 Fund..."
Subsequently, Song Yang, manager of the No. 3 fund, and Li De, the manager of the No. 4 fund, made brief reports respectively.
Xia Yu thought for a while, and the total floating profit of the four funds of Galaxy Fund has reached 374 million US dollars.
Finance is indeed a booming industry!
Of course, the most important thing is that Xia Yu knew about the rare opportunities that have occurred in the foreign exchange market of the island country for decades. If you can make a profit of ten or twenty million dollars in the same period of time under the premise of maintaining capital in normal times, it will be particularly awesome!
It's like now, it's just picking up money!
If you stop the operation now, convert the yen into dollars and leave the market, you can get $374 million.
Considering that although the exchange rate of Hong Kong dollar is fixed now, Xia Yu can completely avoid the negative impact of the fluctuation of the U.S. dollar and exchange all of it into Hong Kong dollars to enhance his strength in Hong Kong.
However, whether or not to change it will depend on the actual situation.
After listening to the report, Xia Yu encouraged everyone, and then, accompanied by Liu Xiao, quickly understood the situation of the island country's financial industry.
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