Time Smuggling Starting from the Year 2000

Hearing Huang Xuan's voice, Yi turned around with a smile and said, "Huang Xuan, is it late? Have you eaten yet?" He really likes this child, he is young, has made a lot of achievements, and seems to have a talent for language . Nor will he be stubborn and self-righteous like many young and ambitious children.

"I asked them to bring me a steak and two bottles of Coke." Huang Xuan said with a smile, "It's just that the quantity is a little small. I heard that there is a sauna room on the 7th floor, so I want to try it.

Langham's sauna is naturally not like some small streets in China, but Tang Yi smiled and waved his hands, and said in Greek: "I can't do it anymore, I am old, and the sauna is too tired. Well, let me introduce you to a friend of mine. Mr. Krimenos from Greece, he is now in charge of Onassis' property, but it will be handed over to others." He obviously heard from Huang Xuan's parents that Huang Xuan knew Greek.

The last sentence was obviously ridiculed, just like Tang Yi's usual style.

Huang Xuan knew that Onassis was the legendary Greek ship king, but he had been dead for 30 years. Since he had no heir, his property and the Greek merchants were separately supervised, waiting for his granddaughter to come of age. Recalling the rumors heard in these families, he smiled and shook hands with Krimenos, and said in Greek: "Mr. Krimenos, I am Huang Xuan." Reminos asked, "Have we met somewhere?"

"That unforgettable timber factory in Brazil." Klimenos laughed.

Huang Xuan suddenly remembered that this slightly fat Greek businessman was Galadia's uncle, the timber merchant from Greece, but due to the attacks from travelers, he didn't even leave his contact information and left. Afterwards, I was always busy, so I never had another chance.

He touched his head and said with an embarrassed smile: "It was too chaotic at the time, and my impression was blurred."

A bad lie, but it works. Tang Yi smiled and put his hands on the shoulders of the two of them, and said, "It's good that you all know each other, Xiao Huang, I didn't expect you to have a lot of friends."

He said the last sentence in Chinese. The term "Xiao Huang" not only corresponds to Huang's father's "Old Huang", but also corresponds to the title of "friends of mankind" in the eyes of the Chinese people. Similar, such a statement made Huang Xuan scratch his head for a while. Changed the subject: "Where is Uncle Tang planning to go?"

Cremenos was not displeased at all because they spoke in Chinese. Hearing Huang Xuan's question, he replied naturally: "Do you know the Dorchester Hotel? The Chinese restaurant there has a very good reputation. , I have been famous for a long time, this time I heard that Tang Yi is here, so I want to invite him to have a taste, and order for me by the way." He said and patted Huang Xuan on the shoulder. Like an elder, he said, "How about it, come with us?"

"Alright." Huang Xuan responded with a smile. He suddenly missed Galadia very much. Although this miss was no longer as strong as the initial emotion, his beating heart told him. The stylish blonde was still secretly seducing him.

The owner of China is the ang of Tangren Chinese Restaurant in Shanghai. With years of hard work, he has built this Tangren Restaurant into the most famous and expensive Chinese restaurant in London. On the way, Tang Yi used his unique tone of 1.5 degrees upward Said: "If it wasn't for the Klemenos treat|l, I wouldn't come here. The Peking duck is 280. I can't afford it."

Huang Xuan almost spit out the tea in his mouth, and then he took the menu from the waiter. The one or two (pot stickers) on it was yang79ying. In the simplest way of eating that he can think of, it costs 100 pounds to order a piece of Yangzhou fried rice, a piece of seaweed soup, and a cup of oolong tea while waiting. It will cost another 50 pounds to solve the problem in a small Chinese restaurant in 10 minutes. There is a charge of more than 1,000 yuan here.

Grinning and returning the menu to the waiter, Huang Xuan still said with a smile in Greek: "Fortunately, I'm used to being slaughtered. I didn't expect our slaughtering technique to spread to the world."

"It's a good thing." Tang Yi looked at the menu and said, "It's enough for the French to eat a set meal for 5 lang in China, but we still have to pay thousands of dollars for a French meal. These restaurants treat food as art And the Price Bureau also said that high-end restaurants are allowed to raise prices appropriately.” He laughed himself as he said that.

Huang Xuan wasn't quite open yet. After all, all the people here were elders, so he just smiled in his heart: This Uncle Tang is really from the State Council series, and he doesn't forget the price bureau when he eats.

The foggy night is full of empty streets and unbreathed air.

With 500 cups of oolong tea and 200 yuan soup dumplings, Huang Xuan was quite satisfied - even at home, it is rare to spend more than a thousand yuan for a meal. Huang's mother is a good housekeeper. He can always remember the favorite dishes of his husband and son, and mix them back and forth, but he will not deliberately waste them. Whether in the Huang family or the Zhang family, the extravagant atmosphere is far less common than in foreign families with generations of aristocrats.

Crimenos and Tang Yi chatted casually, sometimes in Greek and more often in English. Tang Yi's Greek can only reach the level of daily conversation, but considering the domestic environment, it is also very good. Compared with those professors who study the history of ancient Rome and write grammatical errors in their papers, he is still in touch with the world.

Huang Xuan's Greek is not much better than Tang Yi's. These days, he occasionally learns some English, mainly because of Cai Wenji's encouragement. This talented and beautiful girl, without the assistance of the base, just finished memorizing a book. In the Concise English-Chinese Dictionary, Huang Xuan almost thought that he had met a fairy.

Of course, things like memorizing a dictionary cannot prove a person's language ability, but it can. For a woman as talented as Cai Wenji, it is only mediocre to recite 5,000 words in a week. She is the one who wrote two articles.

Effortlessly eating the 289-ying plate of b.b.oork, Huang Xuan raised his thumb and said, "This b.b.oork is very authentic. Mr. Klimenos will try it." He murmured in his heart: buy it in Nanjing , about 40 yuan is enough.

Klimenos smiled and picked a piece with a fork, turned his gaze to Huang Xuan, and said, "Many people told me that your Hexin Industrial is doing very well, but I don't understand why you want to buy an energy company, just At present, it seems that the profit of the power sector is declining year by year, especially in Brazil, what is your future direction?"

The so-called "many people told me" is naturally the mantra of Klimenos, he said. Huang Xuan, who was concentrating on barbecued pork, was taken aback for a moment, and blurted out: "Agriculture.".

"Agriculture?" Klimenos thought for a while and asked, "You want to focus on Shengfeng Company?"

"Yes." Huang Xuan put down his chopsticks. Holding the table with his hands, he said, "I personally think that bioenergy

With the increase of population in underdeveloped areas, a large amount of food is needed, and many areas are trying to improve the quality of agricultural products. At the same time, there is also the price. I think doing so will not necessarily bring high profits, especially in the case of intensive production. He looked at Tang Yi and said, "It's not good for people's livelihood either." "

Tang Yi smiled and nodded. Said: "At such a young age, being able to say the word Minsheng is much better than my son."

Huang Xuan prayed in his heart: the rise in international food prices is not my dry land, I only transported tens of thousands of tons of food.

Cremenos nodded in agreement, and said: "Brazil is a good place to develop agriculture, perhaps the best place on the planet, with government support and large farms. There are countless lands to be reclaimed, which is very good."

Huang Xuan listened carefully, and then said: "You know, I'm still young, so I want to get in touch with various companies. Buying furnas is just a try. Although the current business situation is not good, there are always Profit." He said with a smile, and said: "I also think that Brazil's advantages are agriculture and animal husbandry. I recently bought thousands of horses. I also want to develop in this area."

"Animal husbandry is a systematic project. Many people told me that raising a horse is much more difficult than running a factory. Sometimes I feel the same way." Klimenos said, shaking the tea in the cup, Said: "However, in my opinion, you have too many types of companies, storage companies, power companies, agricultural companies, there is almost no intersection between them, which will increase operating costs and management costs, and you still put them In a group."

The so-called ginger is still old and hot. Huang Xuan knew that what he did intentionally or unintentionally was ridiculous in the eyes of many operators, but the actual profits he gained from these nonsense were far beyond the imagination of people of this era. But now, he still felt ashamed, nodded, and said, "I was a little impatient at the time."

Klimenos smiled understandingly, and said, "I just want to introduce you to some management talents." He looked at Tang Yi, and said, "You know, in the past few years, , Many well-known companies went bankrupt. At that time, I recruited many people to my company. However, in half a year to a year, I will also hand over my supervisory responsibilities. It may be difficult for many excellent talents to retain In Onassis' business, and you're the youngest up-and-coming guy I know, so I want you to sell them."

"I really need some professional managers." Huang Xuan thought of several subsidiaries whose operating conditions were getting worse, rubbed his lips and said, "Well, let's talk after I return to China."

"OK." Klimenos smiled and shook hands with Huang Xuan, who pretended to be relaxed and said, "The last time we met, how is your niece, Galadia? I didn't keep her contact information."

"She's been very busy recently." Klimenos said with a strange smile, "She has to deal with a lot of things, and I will convey your greetings to her."

Huang Xuan shrugged his shoulders to show that he knew, but he couldn't say anything more.

...

The next day was a tight and busy day. Huang Xuan didn't go to Christie's auction. He stayed in the British Securities Building all day, playing heartbeat with Meriweather. This attitude made Tang Yi very fond of him. He mistakenly thought that Huang Xuan had handed over all the rights to him, so he naturally expressed this feeling in his heart.

It is a simple and commonly used method of money laundering to auction anonymously and then bid by yourself. Interpol usually encounters obstacles in the investigation of such cases in the identity verification of the auctioneer and the bidder. As a middleman, Tang Yi, Almost impossible to detect.

Since it was a complete set of auctions, the auction was very fast. Tang Yi used the cash of more than ten thousand in his hand, plus the 3 dollars that Huang Xuan gave him, and got 80 of the auction item. Most of them were bamboo slips with low value or too many duplicates. This acquisition was also exclaimed by the British media as an upgrade of the Chinese government’s protection of cultural relics.

At the moment when Tang Yi was besieged by many media, Huang Xuan's eyes were fixed on the screen until he felt sour and sleepy.

Since Fusheng Securities could not come up with more funds, Leslie, who was reluctant to give up, was forced to continuously expand his financial leverage, from 20 times to 30 times. Seth and many Wall Street groups were lurking behind him, slowly Value these bonds.

Buying and selling bonds is very unfamiliar to many people. But in fact, in the international market, most of the hedge funds are here to buy and sell bonds.

Bonds include government bonds, corporate bonds, etc., such as Chinese treasury bonds. It is a type of government bond. The way to make money, using US bonds as an example, the US government issues bonds every six months with a term of 30 years, because it is generally believed that US government bonds are risk investment tools - the Chinese government is also buying this kind of bonds - so in bonds 6 months or more after issue. Investors will put these government bonds in safes and hold them for a long time. As the bonds in circulation become less and less, their transactions become more difficult. Therefore, on Wall Street, there are 29 years and 12 old bonds before the maturity date, which are called "non-current bonds", while newly issued bonds are called "current bonds". The market generally believes that the value of non-current bonds is relatively low.

This creates a problem, you can buy non-current bonds at a lower price, so you will get a higher yield, but in reality, the US government will not pay even a penny more for these 6 months , so the market is actually biased.

When this deviation is large enough, those arbitrage institutions will enter. For them, 10 basis points is enough. Although according to most people's opinion. A profit of 1 is only worth 1 dollar, but for institutions using financial leverage, 1 billion dollars can bet 100 dollars.

It is not just the U.S. government bonds that have such problems. Many corporate bonds or other government bonds also have the same problem, such as China's national bonds. Around the world, the daily transaction volume of various bonds exceeds 170 billion US dollars.

Leslie also chose several illiquid bonds, but Fusheng Securities is not a hedge fund—theoretically, if you buy a current bond worth US$1 billion and a non-current bond worth US$10, the risk is only to buy one of them 125——so, when Leslie made a decision with a financial leverage of 30, his risk was virtually magnified by more than 1.5 times. .

He bought a total of 4 billion US dollars in bonds. From a financial point of view, Lai is not wrong. These bonds will inevitably return to the normal track, but before that, every time the non-current bonds fall by one basis point, he will lose a lot. One, only 400,000 US dollars. Likewise, as long as he can get those bonds back to normal, he'll make $40 for every basis point up.

For ordinary corporate bonds, 10 is a cut-off point, and the current price \u003e. to 16, one, one

The role of Lin is to choose the right time to cut in, and then to exit and exit at the right time, always interfering with these bonds and delaying their return to 10. time.

Huang Xuan's funds are not enough to fight against the market, but Leslie has even less money. Fusheng Securities has 2 dollars, and now it has 1.4 dollars left. This is already its limit. Just a month ago, Mai Li Weiser's jwm only has a principal of 150 million US dollars

"Pull up these bonds by two thousand points." Huang Xuan thought to himself, Leslie entered the market at a position of about 12, and with a financial leverage of 20, the loss would be 400 US dollars. After that He increased his financial leverage—this is because the soybean oil bill sent by Huang Xuan consumed funds. With a financial leverage of 30 times, he lost another 2. Of course, since the loss rate is calculated based on the total amount of bonds, he also lost In this way, his loss has exceeded US$800, but because Leslie bought a series of bonds, the margin for a single bond, such as the current Volters Company, has bottomed out.

The so-called margin. Simply put, it is the money that investors guarantee that the bank will not lose money when they borrow from the bank. In other words, when you make a profit, there is no problem, but the money you lose must not exceed the money you really own , once the bottom line is reached. The bank will get its money back. Therefore, the margin system is a system in which profits and losses are magnified.

Merleyweather didn't understand why Huang Xuan always knew Leslie's bottom line, but he would never ask this question. On Wall Street, everyone has their own unknown door. He arranged the time slot for the funds to enter, walked up to Huang Xuan and said, "If he is forcibly liquidated this time, the bank will definitely require him to increase the margin."

"What if he can't do it?" Huang Xuan asked knowingly.

"Either he will forcibly liquidate some of these positions and fill in other positions. Or he will withdraw all of them now. According to the current situation, he will lose 1,500 US dollars in the latter, but the loss is still controllable."

Huang Xuan chuckled and said, "If he was the boss, he might do this. But he's not."

McLeeweather nodded silently. This is a game that every trader will encounter. You know that it is extremely risky to continue, but you have no choice but to continue, because the current loss is something that the boss cannot tolerate. Yu Zai said, keep going. It is possible to keep your current position and salary. The only thing that can stop this madness is the record of the industry.

Leslie obviously chose to continue. He is a senior partner of Fusheng Securities. If he fails, without this partner status, it will be difficult for him to become a partner or employee of other companies. His choice is better than that of ordinary people. Traders are more direct.

"Raise the remaining bonds quickly." Huang Xuan immediately ordered when Lorraine heard Meriweather's call.

A large amount of short-selling funds has seriously affected the trend of these bonds. They went up 3 in just a few minutes and these are not US government bonds. 10 billion US dollars is enough to pull it to a high of 20.

No matter how stupid Leslie is this time, he knows that someone is sniping him. In fact, any securities company may encounter sniping. Sometimes it is intentional, sometimes it is unintentional. , and forcibly closed the position, so he didn't really care much about it.

But now, the bank's ultimatum has been issued, and one of them has been forcibly liquidated, Huang Zhengsheng is already a little furious.

Assets of 140 million US dollars are nothing to Huang's fund, but 1: it is very important. What's more, Fusheng Securities is very likely to go bankrupt because of this, and panicked investors will withdraw their funds frantically. The chain reaction will destroy the long-term operation of funds. If such a thing happens, the assets under Huang Sugui's name will be destroyed. He will lose more than 4 US dollars, and not only will he no longer be able to transfer funds in violation of regulations, but he will also be in a state of distress because of his past records.

For the operation of its overall capital chain, such things are disastrous.

Leslie's expression was already disastrous, and he pushed Huang Zhengsheng away with one hand, saying: "I am the senior partner of Fusheng, so I have the right to decide what to do." He ordered: "Close the position of No. 776, and the remaining The money is filled into other positions."

"You are crazy." Huang Zhengsheng almost roared: "What if these bonds continue to rise? This is to increase losses."

"We have lost 25 million, 20,,, 100,000, what's the difference?" Leslie didn't even look at Huang Zhengsheng.

The latter was stunned and speechless.

...

The 21st floor of the British Stock Exchange.

Huang Xuan shook hands with Malweather, and said with a smile, "I'm going to Brazil in the afternoon, and I'll leave the rest of the work to you."

McLeeweather nodded and agreed. In the investment world, there are many ways to withdraw locked-in funds. The most proficient method he uses is naturally the gradual short-selling method proposed by Merton's "risk-free arbitrage model". For example, withdraw from 30, and continue to gradually short positions at 29, 34, 29, and 12, which can minimize losses.

As a trader, McLeeweather also admires Huang Xuan very much. There are many people on Wall Street who can get inside information. They can take advantage of this kind of information and lose money without changing their expressions, just to make others lose 100 million US dollars. Such rich people are the real financial giants suitable for Wall Street.

But he didn't understand that Huang Xuan's foundation was in Huang's family after all, and Fusheng Securities was Huang Sugui's personal bank. If this "bank" went bankrupt, Huang Sugui's capital chain would be tightened, and this was exactly what happened. The first step to break it.

...

Cremenos will stay in London for a few more days, and Tang Yi is ready to return with a happy face. When Huang Xuan said goodbye to the two, Professor Tang squinted his eyes and said, "Don't go to Brazil just to play truant? "

Huang Xuan smiled awkwardly, and said, "Company business, company business."

Lorraine shook his eardrums directly, and said: "Dianwei will arrive in Sao Paulo at 9:00 tomorrow morning, and our arrival time is 1:00 pm. There are currently 1.2 tons of various grains in the Cabres warehouse, including wheat, corn Everything from soybeans, plus your favorite weapons are in the base.”

"You should like weapons." Huang Xuan smiled and waved to Tang Yi, turned around and got into the car, and said, "Weapons are for protecting yourself, and they are necessary for plane travel."

"If it is a biological weapon, I have no objection, but in fact, the metal weapon you carry has no advantages except that it does not consume energy during shooting."

"That's the advantage." Huang Xuan chuckled, and said, "A little advantage is also an advantage. We'll talk about it when we get to the airport."