Vol 2 Chapter 748 Mitigate risk assets
Chapter seven hundred and forty-eight reducing risk assets
…
The Bund source project of the magic city is better understood. If the land in the center of the magic city is worth a thousand dollars, then the Bund project is a thousand-dollar project. Unless Hanhua Holdings encounters a devastating disaster, the Bundyuan project will never be launched.
“If the acquisition of Standard Chartered Bank fails, how will the returned funds be used?” Zhang Lei asked.
“Old Zhang, I know you never aim for nothing. Tell me, who do you like?”
“I can’t hide anything from the boss! I want to invest my funds in China ~ Guoping Ping An! This company listed in Hong Kong in 2004 is a Huaxia monopoly financial institution, involving various financial businesses such as insurance, finance and investment, and The leadership is determined to forge ahead, the company’s return rate has risen steadily, and the stock price has increased by 121.5% within half a year of listing. There is huge room for growth in the future, and it is the most suitable equity investment target. ”
“Ping An Group is really good!” Guo Shouyun nodded in approval. In his memory, many of the most profitable stocks in the next ten years have the name “Ping An” in the rankings. But what also impressed him was the painful experience that Ping An Group lost nearly 24 billion Huaxia coins due to the acquisition of Fortis during the subprime mortgage crisis, which was almost the limit.
Obviously, investing in Ping An is not a good choice right now. And the opportunity is not right.
“Old Zhang, don’t forget what I told you about the U.S. subprime mortgage. Before the crisis detonated, investing in financial stocks was too risky. So compared to equity investment, long-term gold spot or solid income products are more suitable. Of course, I also recommend that you increase your investment in Tianshan, not only in terms of scale, but also in research and development. Try to make it the No. 1 cement company in China, or even a world-class top three cement company.”
“Understood, I will seriously consider this matter!”
“One last thing. Starting next year, by the end of 2006, have the investment arm of the company sell any U.S. bond products based on subordinated debt; sell all IFC, especially U.S. common stock, Preferred stocks and bonds; remember, I’m talking about everything! All the international financial giants including Chase, Goldman Sachs, Merrill Lynch, and Phoenix. This is non-negotiable and must be done as I say. Also, The returned funds are long-term gold spot, China AMC government bonds, and preferred stocks of big blue chips in the Hong Kong stock market.”
From Guo Shouyun’s email, Zhang Lei felt his attention. You must know that in the more than five years that the two have been together for more than five years, Guo Shouyun has rarely directly interfered with the company’s operations. Straightforward decisions like this one, no more than three times since he became the CEO of Hanhua Holdings!
“Will this crisis be serious?” Zhang Lei’s words also became heavy.
“I’m also not sure how big the crisis will be, but every time I see the pyramid risk model that the Bruce Foundation does at my request, based on the size of U.S. subprime and derivative bonds, it’s getting bigger and bigger. , I felt my heart skip a beat. Zhang, I always trust my instincts. I haven’t had a crisis in more than five years that made me feel so strong. So, it’s okay to be careful!”
Zhang Lei was a little surprised by the content of Guo Shouyun’s dignified email. In more than five years of dating, it was the first time he saw Guo Shouyun so worried that he almost lost confidence.
Of course, there are some elements that Guo Shouyun deliberately exaggerated in order to strengthen Zhang Lei’s attention.
After a long silence, Zhang Lei’s email was sent again.
“I will order Hanhua Research to do a detailed survey of the U.S. subprime debt and derivatives market, and take action according to your request. However, our actions will certainly not be concealed from the outside world. If they ask us, what should be done? Reply?”
“Let’s be honest. Express our concerns about U.S. subprime debt and derivatives. This is a good opportunity to raise Hanhua’s reputation in the global financial community, especially in the financial community of Huaxia. If we can accurately predict the crisis, then we will become The authority in the financial field has the right to speak. Lao Zhang, you understand the importance of the right to speak better than I do.”
‘All the mouths of gold, the accumulation of destruction and destruction of bones’. The power of language has been awe-inspiring since time immemorial!
“We benefit greatly from success, but if the prediction fails, we will become the laughing stock of others!”
“Old Zhang, we have been dating for more than five years, and you know me. I will never do anything that is aimless.”
“Of course, you are a recognized genius in the world’s top financial investment! You are the “Son of God” who has traversed the gold and oil futures markets and has returned more than 80 billion US dollars in five years!”
“Haha, I have accepted your compliment! Remember my words, go back and prepare well. If our estimates are correct, then the opportunity for Hanhua will come. Maybe Standard Chartered will take the initiative to come and sell the company to us.”
“I’m looking forward to this!”
After a brief chat between the two, Guo Shouyun closed his mailbox.
He stood up and looked at Wang Jue and Wu Xiaojing next to him, “Get ready, we’ll go to New York tomorrow.”
“Yes!”
“I’m going to have a good meeting with Stan O’Neal this time!”
…
Manhattan No. 4 is the north tower of the famous “World Financial Center” in the steel jungle of New York, and the south tower is the headquarters of another American financial giant, American Express. Between the two towers is a ten-story, glass-and-marble atrium, also known as the ‘Winter Garden’.
Because the World Financial Center is adjacent to the World Trade Center, some losses were also caused by the collapse of the World Trade Center on 9/11. However, Merrill Lynch was lucky. The shock wave of the collapse of the World Trade Center was mostly blocked by the nearby American Express Building. Merrill Lynch’s headquarters was only shattered by some glass, which damaged a lot of office supplies.
By comparison, the maintenance cost of a winter garden is much higher, at $50 million. And Express is even more unlucky.
However, it has been nearly three years since 9/11. In addition to the two square foundations that have been cleaned of debris, it is still a reminder of the tragic situation at the beginning, and busy New Yorkers have gradually become accustomed to its existence.
Guo Shouyun’s car turned from the intersection of Broadway Street and Church Street in lower Manhattan.
Although his strength is strong enough after five years, he still does not have much ability to interfere with such natural and man-made disasters!
“Boss, here we are!”
Wang Jue’s words interrupted Guo Shouyun’s contemplation~www.readmtl.com~ Seeing that the Merrill Lynch headquarters, which he had visited three times, was in front of him, Guo Shouyun simply tidied up his suit and bow tie, opened the car door and walked out.
After he entered the lobby of Merrill Lynch’s headquarters, a young man in a brown suit and white shirt strode up to greet him.
“Hello, Mr. Guo!”
“Jack, where’s O’Neal?”
Jack Brown, O’Neal’s assistant. Guo Shouyun has seen it more than once.
“BOSS is already waiting for you in the office!”
Guo Shouyun nodded and followed him to the elevator. Guo Shouyun came to Stan O’Neal’s office. It is very large. In addition to the office space, it also includes a guest room and a gym, which add up to nearly 200 square meters. In Guo Shouyun’s view, this is too wasteful.
……………………………………