The car giant started by marrying the daughter of the king

Chapter 216: Bold investment plan, strange requirements

This inspection trip to the United States was entirely caused by Jiang Hui.

If it weren't for Jiang Hui, General Motors would definitely not invite Zheng Haiming, Chen Qi and others to come for inspection now.

Zheng Haiming and Chen Qi are both very clear about this situation.

So when Jiang Hui said from time to time that he wanted to have a private meeting with General Motors, they didn't ask any further questions.

Of course, Jiang Hui knew that even if they didn’t ask, they definitely wanted to know in their hearts.

So when he met them again, Jiang Hui said, "GM wants me to help them design the exterior of a car model. I have made appointments with some people to exchange some information with me these days."

"Now I basically know how to design it. I will probably have to stay in the hotel for two days. You guys can continue to visit and communicate with them first."

After Jiang Hui said this, Zheng Haiming, Chen Qi, and even Yue Rui, all believed it immediately.

Previously, Jiang Hui helped Tongtong Automobile design a car and earned US$10 in foreign exchange.

Many people in the First Ministry of Machine Building and the Capital Automobile Manufacturing Plant knew about this matter.

It is normal that General Motors once again invites Jiang Hui to help design cars.

Of course, no one asked what price GM offered.

After all, this is Jiang Hui’s secret.

"I was wondering why General Motors was so eager to invite you to visit America, and even covered the flight tickets, accommodation, and transportation expenses for our delegation."

"So the real purpose is not to drink, but to ask you, a master of car design, to help design a new car model."

"Now I understand completely."

Chen Qi and Jiang Hui have a very close relationship.

Regardless of whether what Jiang Hui said was true or not, he chose to believe it.

This explanation is completely reasonable and there is no logical problem.

So he didn't want to delve into whether there were other stories behind it. He wondered whether Jiang Hui had not been working with everyone these days and was only doing this.

"When we visited the GM R&D center this time, we also saw the clay model of the flagship sedan that Xiao Jiang had previously helped design for GM's Cadillac brand, as well as information related to the prototype car design."

"I guess GM is very satisfied with the design of this sedan, so they asked you to continue designing the next model before the new car is even launched."

"You came to America and earned $10 in foreign exchange for the country."

Zhu Jiansheng knows all the information.

Now following Chen Qi's words, he also confirmed the reason given by Jiang Hui.

He even "inadvertently" told everyone that this time, Jiang Hui only received $10 in design fees, just like last time.

At that time, the additional US$90 and the US$310 million from the sale of integrated wheel hub bearings can be deposited into foreign accounts.

This means that Jiang Hui has 400 million US dollars available in his overseas account.

"Xiao Jiang, you are truly a hero to our Capital Automobile Manufacturing Plant. It is thanks to you that we are able to go abroad this time."

Although Zheng Haiming was a little dissatisfied with Jiang Hui's elusive behavior in recent days, he was worried that something might go wrong.

But he also knew that it was not appropriate for him to say anything harsh now.

As long as nothing goes wrong in the end, everything will be fine.

With this preparation, starting from the next day, Jiang Hui no longer participated in the unified actions, using the excuse that he was drawing in the hotel.

Zheng Haiming and his colleagues were picked up by General Motors people early in the morning to visit a parts company.

"Mr. Jiang, my name is Linda. I am currently an employee of American Securities. Austin asked me to follow your arrangements today."

After Zheng Haiming and his group left the hotel, Jiang Hui quickly got into another car.

This was something he asked Austin to arrange privately.

For Austin, who has always wanted Jiang Hui to stay in America and experience the different scenes of America, he is naturally very happy to help arrange some special itineraries.

The more different Jiang Hui was from ordinary Chinese people, the more confident he was in convincing Jiang Hui to stay in America.

"I want to open an account for futures trading and stock trading. In addition to my passport, do I need to bring any other information?"

Linda is a white woman who looks to be in her thirties, and her aesthetic taste is very much in line with Jiang Hui's ideas.

Jiang Hui didn't expect that the manager at a securities company that he asked Austin to help introduce to him would turn out to be such a beauty.

As GM's design chief, Austin must have had his fair share of investments.

For example, stock investment is very popular in America.

Generally, people like Austin will have a personal liaison manager at the securities company.

Looking at Linda, who was wearing a professional suit and had a perfect temperament, Jiang Hui was a little confused about the relationship between her and Austin.

But it doesn’t matter. I just want to find a channel to appreciate the 400 million US dollars I’m about to get as soon as possible.

It doesn't matter even if Austin knows about this method.

If he is willing to follow, then let him follow and earn some money.

If he is unwilling to follow, then it is not Jiang Hui who will suffer the loss.

"A passport is enough. We will go to the business hall now and it will be done quickly."

Linda obviously knew that Jiang Hui already had several million dollars in funds, and was definitely a big client.

Although Merrill Lynch is the leading securities firm in the United States, for its Detroit branch, except for a very small number of billionaires, most of its clients are middle class.

Customers with more than $100 million in their accounts are considered big customers.

This is also one of the reasons why Linda is more enthusiastic today.

"Then trouble you."

Jiang Hui didn't want Zheng Haiming and others to know that he was investing in futures and stocks in the United States, and he didn't even want to tell Zhu Jiansheng.

After all, things like futures and stocks are too unfamiliar to the Chinese people.

In everyone's opinion, it is better to deposit this money in a bank and earn interest.

Especially now the interest rate is very high, far from comparable to the deposit interest in later generations.

Soon, Linda drove to a nearby Merrill Lynch branch and took Jiang Hui directly to the VIP room.

In less than an hour, after Jiang Hui signed some documents, he successfully opened a futures and stock investment account there.

"Mr. Jiang, I graduated from the Department of Finance at the University of Chicago and have been engaged in securities trading for seven years."

"I heard from Austin that you will be returning to China soon."

"It would be best if this trading account had a professional trader to help manage it. Do I have the honor to do so?"

After everything was settled, Jiang Hui directly arranged for Linda to help transfer 300 million US dollars to his futures account.

At this moment, Linda's enthusiasm increased a lot.

For people in these securities companies, if they can have more big clients, they can speak louder in the company.

"I do need a professional trader to help manage these funds, but my investment philosophy is quite special, and I hope that the trader will operate the account according to my instructions."

"Whether it is futures trading or subsequent stock trading, you must 100% follow the instructions I leave behind. No violations are allowed."

“If you can accept this, there is absolutely no problem in entrusting you with the trading authority of the account.”

Jiang Hui was not worried that the staff of Merrill Lynch would find a way to steal his money.

Such large financial institutions care very much about their reputation and would never allow their employees to do such things.

Reputation is sometimes not important, but sometimes it is extremely important.

"Mr. Jiang, the capital market changes very quickly, especially the futures market, which changes rapidly."

"Many of our clients also wanted to manage their funds according to their own ideas when they first started, but most of them ended up losing money."

"It might be more appropriate to let me manage the funds than to manage them yourself."

Linda was speechless about the idea proposed by Jiang Hui.

She has come across clients like this before, but in the end, these people obediently handed over their accounts to professionals for management.

Otherwise you will suffer a big loss, or learn a lesson after suffering a big loss.

"I am a stubborn person. It is difficult for me to change my mind unless I suffer a big loss."

"How about I invest according to my own ideas in the first year. If there is a loss, I will trouble you to help manage it in the future?" After Jiang Hui said this, Linda couldn't refute it.

"Mr. Jiang, I wonder which futures or stocks you want to invest in now?"

“I personally recommend buying short crude oil futures, or buying short gold and silver futures.”

"Thanks to everyone's confidence in the economic outlook, gold and silver will inevitably fall into a bear market, especially after gold and silver created historical highs in the first half of this year, and now they have entered a sharp decline."

Although Linda did not argue any more, she began to promote her own point of view.

“Why would you recommend buying short crude oil futures?”

As if she knew Jiang Hui would ask this, Linda immediately continued, "After crude oil entered the commodity world, its price customization mechanism underwent two major changes."

“The first stage was from 1859 to 1960, which was oligopolistic pricing.”

“Pricing power during this period was firmly in the hands of large multinational oil companies.”

"In detail, this stage can be divided into two periods. The first period was Rockefeller's Standard Oil Company, which monopolized more than 30% of the oil market in the United States in less than 90 years and firmly held the pricing power in its hands."

"The second period was when Standard Oil was forced to disintegrate due to violations of the Sherman Antitrust Act, and the oil market was controlled by the 'Seven Sisters' consisting of Standard Oil of New Jersey, Shell, Standard Oil of California, Standard Oil of Anglo-Persian, Gulf Oil, Texaco and Standard Oil of New York."

"During this period, oil prices have been at a low level of $2 per barrel for a long time."

Finally having the opportunity to demonstrate her professional skills, Linda was very enthusiastic.

She planned to let this mysterious young man from China see her talents.

Otherwise, he would probably insist on letting me follow his instructions to manage the account.

This made Linda very unhappy.

“The second stage is from 1960 until now, which is the OPEC pricing stage.”

“With the continuous advancement of oil exploration and production technology, large oil fields are being discovered around the world.”

"But since the market pricing power is in the hands of oil companies, it is very disadvantageous to oil-producing countries, so in 1960 oil-producing countries jointly established the Organization of Petroleum Exporting Countries - OPEC."

"In the early days of OPEC, due to its weak voice, its influence on crude oil prices was relatively small. Until 1973, crude oil prices remained at a low level of $2 per barrel."

"The fourth Middle East war in 1973 triggered the first oil crisis. The Persian Revolution broke out in 1978. OPEC gradually began to gain control over crude oil pricing, and crude oil prices rose from $2 to a peak of $30 this year."

"Until yesterday, crude oil prices remained around $28."

"In just a few years, crude oil prices have seen such a huge surge. Although there are many reasons behind this, analysts from various institutions believe that this price is unsustainable."

"In the next few years, crude oil prices will slowly return to around $20, or even to the level of more than $."

"Buy now, even if it just drops to $25 a barrel, you can still get very good returns."

After Linda finished speaking, she raised her head slightly and looked at Jiang Hui with a bit of pride.

It seems to be saying, come and buy short crude oil futures, come and buy short crude oil futures.

"What you said makes a lot of sense, and all the analyses seem very professional."

Jiang Hui did not directly refute Linda's point of view, but instead expressed his approval first, which made the other party very happy.

"But I think the upward trend of crude oil prices has already formed, and they should not fall so quickly in the short term."

"As you said, crude oil has historically broken through $30 a barrel this year, and I think it will create new history again."

“So I’m going to buy long crude oil futures!”

After hearing what Jiang Hui said, Linda felt like she was going to faint.

Buying long crude oil futures?

There are not many institutions in the market that do this.

If you are not careful, you will lose everything.

"Mr. Jiang, Austin and I are friends. He recommended me to serve you. I don't want to see a large loss in your account."

"The futures market changes very quickly. If you are not careful and fail to pay the margin in time, your position will be forced to close, and you will suffer a huge loss."

Linda wanted to persuade Jiang Hui to do something, but Jiang Hui simply refused to listen.

In the end, there was no other way, so Linda followed Jiang Hui's instructions and used all of the $300 million in his account to buy crude oil futures at a leverage of :.

"Generally, when we invest in futures, we always leave a certain amount of money in our account as a margin, otherwise the risk is very high."

“Although the leverage ratio of 1:10 is not particularly exaggerated, if you don’t have a single cent of margin, your risk tolerance is actually very low.”

Linda was completely speechless at Jiang Hui's amazing operation.

Not only did he go against the trend and buy crude oil futures, but he also went all in at once.

Are Chinese people so strong in gambling nature?

Or does this person have some special source of information?

Have you missed any key information during this period?
There shouldn’t be any!
Experts at the headquarters believe that crude oil prices have reached their peak and will definitely fall in the short term.

As a country on wheels, America can no longer bear such high oil prices.

In this case, it is very rare to buy crude oil futures with full position, or to buy for a long time.

"Another $100 million will come in in a few days, so let's just leave it like this for now."

“Until crude oil prices rise by 20%, you don’t need to think about selling.”

"But once it exceeds 20%, you sell it all immediately."

Jiang Hui knew that after the outbreak of the Iran-Iraq War this year, there would be a new round of increases in crude oil prices, with the highest price reaching US$36.8.

This information is also relatively critical for the automotive industry.

Because this means that the development of Japanese car companies in the United States will enter a new fast lane.

If this matter wasn’t so special, Jiang Hui really wouldn’t know the specific trend of crude oil.

Just like various domestic stock investments, Jiang Hui knew nothing about it except for a few very classic information.

But sometimes it is enough to just know the classic information.

For stocks like Moutai and Ningwang in later generations, it would be difficult for you not to know about them.

There are also magical entities such as Apple, Amazon and Nvidia, and anyone who pays a little attention to the news will have heard of them.

"Mr. Jiang, the price of crude oil is already very high now. It is impossible for it to increase by more than 20%!"

"Your decision is really too risky."

Linda didn't know what to say now.

She really didn't expect that Jiang Hui would set such exaggerated conditions for herself.

This is totally a joke with your own money.

If the other party hadn't been a client introduced by Austin, she would have been a little reluctant to bother with him.

“There is a saying in the financial market: When others are greedy, I am fearful; when others are fearful, I am greedy.”

"Everyone thinks crude oil futures are going to fall sharply, but I think it will still rise."

Jiang Hui smiled and insisted on his point of view.

Linda was completely speechless.

She also didn't want to care about it anymore.

Let him be destroyed!

At most, it will be another negative example in one's own management case.

"Okay, then I'll do as you say."

“It’s just a 20% increase. Can you consider revising it?”

Linda struggled one last time before she completely accepted the arrangement.

“No, just do it at 20%!”

Jiang Hui didn't think of selling all the futures contracts at the peak moment.

A 20% return would be enough.

After all, the leverage is ten times, so even a 20% return is already exaggerated!
(End of this chapter)