super energy power

It takes nearly an hour to get from Heathrow Airport to Capital Airport. Tian Dongliang boarded the British Airways plane in the early morning, and it was evening when he disembarked. .

However, Tian Dongliang's spirit was so excited that he had no intention of resting at all.

"Manager Tian, ​​please follow me." The person waiting at the airport was not someone from the bank, but an officer sent by the public relations department of Dahua Industrial, a young man who seemed to have just graduated.

Tian Dongliang looked around and found no other pick-up person, so he couldn't help asking: "When can I submit my report?"

"Let's go to the Information Bureau now. After the review, we will find a way to send your report up." The young man got into the driver's seat and started driving.

Tian Dongliang's complexion changed slightly: "I still need to review? I told you Chairman Su that my article must be completed by my reading ability, otherwise I would rather not publish it."

"We will not revise your article, but since it is submitted by us, we must know the content."

Tian Dongliang curled his lips and said, "What if the review is not satisfactory?"

"We hope you can modify it. If you can't, we have no choice but to not submit it." The young man in the driver's seat looked at the rearview mirror and said.

If Tian Dongliang was two days ago, he would definitely be at a loss at this moment, but the time in London is too much training, even an honest husky will become a cunning wolf.He also looked in the rearview mirror, and smiled for a while: "Impossible, even if you can't change it, you have to submit it to the higher authorities. This is your chairman's plan. If it wasn't for the urgent time, he wouldn't send me back overnight." Domestic, don’t you think so?”

The young man's smile seemed to be frozen, and he was relieved after a while, and said: "Minister Li said, if you are not convinced, just let me notify you. All in all, the review still needs to be reviewed, and the people above will decide what the result will be. "

After speaking, he concentrated on being a driver.

Tian Dongliang stared for a while, but accepted the result helplessly. Given his position, he was not qualified to deliver the report to the State Council, and this was undoubtedly a shortcut to the south, a golden road with countless empirical examples. From a vulgar point of view, Tian Dongliang Dongliang hopes that after his name appears, he can break the rising ceiling in the bank. From a less vulgar point of view, Tian Dongliang also hopes that one day, he can really become a pillar, and he won't live a life of chasing the footsteps of loan merchants every day. Life.

Dahua Information Bureau.

An analyst trained by Dahua itself, a recently retired former official-level political cadre, and a retired media reporter formed a three-member review team.They will give Tian Dongliang's report a score according to the scope of their review.

In addition, the Strategy Department also sent two people over, ready to rewrite the report at any time.

Changing someone is obviously not as appropriate as Tian Dongliang, but it is not powerless.If the content of Tian Dongliang's report really cannot be passed, and he refuses to revise it, there must be a backup plan.

Only then did Tian Dongliang realize the full preparation of Dahua Industry, and quietly wiped off his sweat, thankful that he focused on the financial process rather than other things.

"Okay." The political cadre was the last one to read it, and handed over the review results to Dong Feng.

"The score is good." Dong Feng looked at Tian Dongliang outside the window in surprise.

The political cadre smiled: "Anyway, he is a member of the system. If you pay attention to it, there will be no major problems. However, I don't understand the financial aspect."

"It's good if there are no political issues." Dong Feng also read the copy of the report just now. At this time, there are retired veteran cadres guarding the gate, so he can feel more at ease.

Retired politicians and politicians in foreign countries often give consultations to enterprises, but in China, this trend is not popular, and Dahua Industrial does not want to set a precedent, or steal the cute tricks of state-owned enterprises. Means, pay salaries with overseas companies, and then provide serious project analysis.Although many people felt that it was unnecessary, Su Cheng insisted, and Dahua Industrial also persisted.

After nearly 8 years of indoctrination, the will of Sioux City has been fully instilled in Dahua Industrial.Such a long time is enough to win the War of Resistance, and it is naturally enough for Dahua to build its own system.

"Congratulations, Manager Tian." Dong Feng went out and shook Tian Dongliang's hand, and sent Tian Dongliang, who was peeking at political workers through the glass, out the door.

Tian Dongliang didn't know what mood he was in right now, he was a little weird and excited.

……

noon.

Su Zhenguo finished his 30-minute short nap, sat by the bed and drank the daily amount of water, heaved a sigh of relief, and prepared to go for a walk in the yard twice under the protection of the nurse.

When he passed through the side door, he saw his secretary waiting there with a notebook between them.

"Is there something wrong?" Su Zhenguo is full of energy. Compared with senior leaders of his age, his health is considered good. At this position, long life and good health are the biggest trump cards, and the Su family can prosper forever. The secret seems to be all here.

The secretary nodded, and said softly: "You said that Pan Asia Fund's futures trading in London, I will let you know if there is any new situation."

"Anything new?"

"London's crude oil futures hit $15, and New York's started to pick up to over $16."

"What is the change?"

"On the surface, it seems that there are no major changes. However, I asked a few people, and I am a little guessing." The secretary of the Su Office is definitely the top secretary among the best. Working for Su Zhenguo requires careful attention and more preparations material.

Su Zhenguo walked slowly to the grape shelf, sat down firmly, and asked, "What guess?"

The secretary spread out the notebook, looked at it as if to be sure, and said: "We guess that Pan Asia Fund or Su Cheng himself may have invested in the spread contract between New York and London."

"Oh?" Su Zhenguo obviously didn't know what it was.

The secretary briefly introduced: "The price difference contract is to bet on the price difference between New York and London. If you guess the direction correctly, even a small price difference can make a lot of profit."

"Su Cheng guessed right?"

"We guess it is." The secretary whispered: "I asked people to compare the futures contracts in London and New York, and asked a few banks. They should have invested a lot of money and made considerable profits."

The exchanges in London and New York are relatively transparent, and the investments of most financial companies can be traced. As long as you know some relevant information, it is not difficult to find clues.

Su Zhenguo pulled some vines off, chewed them in his mouth, and asked, "Tell me, how much does this kid earn? If he doesn't earn much, you won't report it, right?"

"At present, it is estimated that at least [-] million U.S. dollars." After the secretary spit out this figure, he remained silent.

Su Zhenguo bit off the vine in one bite: "[-] million dollars?"

"There should be so many." The secretary didn't dare to make a firm guarantee. In fact, when the number came out, he was more frightened than Su Zhenguo.

And the real profit is much more than what he told Su Zhenguo.

At this moment, London has already opened, and oil prices are still fluctuating, while New York thinks it has escaped from the cage of OPEC...

The price difference between the two places has expanded from 50 cents at the opening in London to 80 cents all the way.

If it is accurately estimated that Sioux City's profits will increase by at least 60%, exceeding US$35 billion.

But for such a large number, the Secretary of the Su Office would not describe it as "at least".

If it weren't for the timeliness of the futures, the secretary would definitely wait for more accurate results before reporting to Su Zhenguo.

Su Zhenguo also knew the secretaries' rules of conduct, so he first added a little to this number in his heart, and then asked, "How many barrels of crude oil are equivalent?"

"The oil price in London is currently $15 a barrel, that's 330 million barrels. If it's priced at $18 a few days ago, it's almost 110 million barrels." The secretary quickly calculated the result in his mind.

"It's equivalent to earning a year's production of Shengli Oilfield." Su Zhenguo clicked his tongue and said, "This financial speculation is really powerful."

"Yes, and the cost is very low. The crude oil exported from Shengli Oilfield accounts for more than half of the cost." The quality of crude oil in China is generally poor, and Daqing's is slightly better. Crude oil from Shengli Oilfield is much worse, and the lighter it is produced The less oil, the more heavy oil, all costs are rising, and all kinds of selling prices are falling.

Su Zhenguo leaned on a crossbar of the grape trellis, stood up and asked, "If Su Cheng made a wrong bet, will he have to pay so much money?"

"If he keeps increasing the deposit, he will have to accompany so much. If he does not increase, then he will lose all the deposit. We guess, it is about 2 million U.S. dollars."

Su Zhenguo nodded with a "hmm" and said, "You are so courageous..."

After a pause, when the secretary quietly left, Su Zhenguo said to himself again: "Like me."

……

More and more people are paying attention to contracts for difference.

As a type of contract developed in the 70s, contracts for difference can be regarded as early financial derivatives. However, financial derivatives before 00 were not popular. Both customers and traders still prefer real futures.

Yes, compared with financial derivatives, futures are much more practical. Taking crude oil as an example, if a long futures contract fails, you can still choose to deliver it; if a short futures contract fails, you can also choose to trade in the spot market Purchased online, and then transported to the delivery warehouse, the Chinese government has mobilized a large number of spot copper to reduce losses after the copper storage losses.

In contrast, financial derivatives are more like futures of futures. There is nothing that can be delivered at all, and the leverage is generally high. Once you lose, you can easily lose everything.For example, the financial derivatives that bet on the good or bad weather include various agricultural product futures, and perhaps the stocks of logistics companies. Once you gamble in the wrong direction, it is almost impossible to reduce losses from other directions.

In the 90s, when investment banks were not yet rampant, there were very few crude oil futures traders who touched spread contracts, but when they discovered that Sioux City was making money, and making a lot of money, more people began to follow up.

This makes the situation even more chaotic, those who make money, those who lose money, and those who make neither profit nor loss...

When the number of participants increased, financial institutions that were previously outside the business also began to step in.Lehman Brothers, Société Générale, Aruba Investment Company and other companies that are not optimistic about the Pan-Asian Fund, feel that the time is ripe and enter with green notes.

Even the United States Enron, which had already closed its positions and made claims, sent out traders again and began to test the waters intermittently.

... (To be continued.)