Chapter 81 Earn some pocket money to give back to enthusiastic friends)
In the VIP room
Wang Yaocheng endured the pain and pretended to be calm and said: "I don't want others to know my information, and I am willing to pay a high price for it.
Regarding Fuso's current declining stock market, I think the biggest ulcer is the real estate market. This will be a recession that will last for several years and will profoundly change the face of the world economy.
Therefore, I hope to increase leverage and go all out to short the Fuso real estate market, and I can withstand all the risks it brings.
In particular, the six major metropolitan areas including Tokyo should focus on short selling.
The amount of funds prepared is US$15 million, and now I want to hear Citibank’s professional opinion.”
Manager John Galen nodded. US$15 million was not a big deal for Citibank, at most it was a decent business.
But it was this young Mr. Wang's ability to tolerate risks that made him raise eyebrows.
As for judging Fuso's economic prospects, Citibank has a similar tendency. Especially the financial tycoons in the United States have opened their mouths and are ready to share this once-in-a-century feast.
As long as this young man comes from the Eastern China continent, it is not surprising that he can make accurate judgments on the international economic field.
He may have huge invisible resources behind him, or he may just be a young man from a mysterious family who eavesdropped on the conversation of a powerful person and secretly came out to earn some pocket money.
Citibank is not interested in these speculations, they are interested in this young man.
Not every billionaire has the courage to spend $15 million on a huge gamble.
That's usually what hedge funds do. They gamble with other people's money, and of course they use it in a smart way.
"Based on what you said and your ability to bear risks, Citibank will set up a risk speculation plan for you from a professional perspective."
Manager John Galen opened the information in his hand and said:
“We will conduct key short selling operations on ten real estate companies among the Nikkei 225 index sample companies:
These ten companies are:
ping hwa real estate co., ltd.
Isetan Real Estate
Kashima Construction
Jiujing Real Estate
Mitsubishi Estate
Mitsui Fudosan
Dalin Formation
Sekisui House
Sumitomo Real Estate
Ube Industries
We can provide leverage from 1 to 30 times and operate within the leverage range specified by you. We initially plan to invest US$10 million.
Of particular note are:
It is recommended that you withdraw a part of the profit as a reward, generally 5% to 10%, which will allow specific traders to be cautious and conduct band operations based on professional knowledge."
Wang Yaocheng thought for a moment and nodded: "Okay, we will draw 6% of the profit."
"Thank you for your generosity, you will find it was worth every penny.
Second, we will short-sell the RB Real Estate Investment Trust Index, which is a gambling financial instrument launched by Lehman Corporation for RB Real Estate.
Leverage options of 1 to 10 times can be provided, and the contract expiration and delivery dates are divided into five types: three, six, nine, twelve, and twenty-four months.
The initial investment in this futures transaction is five million US dollars.
Likewise, we recommend that you set aside a certain amount of profit to give traders bonus incentives.”
"No."
Wang Yaocheng flatly refused, what a joke, why would you pay bonuses if you can do a business that is sure to make money without losing money?
"I decided to sell short on the real estate investment trust index, invest 10 million US dollars, and use 10 times leverage for short selling. There is no bonus for traders. Just follow my instructions and invest immediately."
"Uh... Okay, everything is subject to your will." Manager John Galen is indispensable. As a professional, all operations should be carried out around the will of the funder, and he does not need his own will.
"As for the ten real estate companies in the Nikkei 225 Index, if they invest US$5 million and still use 8 to 10 times leverage for short selling, they will receive a bonus based on 6% of the profit."
Wang Yaocheng swapped the funds of the two projects. He was more optimistic about short-selling the real estate investment trust index, so he used maximum leverage and invested heavily.
"I assure you that Citibank will definitely complete your entrustment to the letter."
Afterwards, the two secretly talked about technology companies, and Wang Yaocheng also entrusted manager John Galen to be his personal financial advisor.
Of course, this also requires payment, which is US$300,000 a year.
When encountering specific merger and acquisition projects, a certain percentage of generous commissions can be drawn based on the transaction amount. Generally speaking, international investment banks are required to intervene. Citibank also has similar investment banking services.
Wang Yaocheng stood up happily and shook hands with the other party happily. The important matter was finally implemented.
Two professional lawyers walked in one after another, took out a special small aluminum alloy password box, placed the tape recorder in it, closed it tightly, and then stamped it with an indestructible seal.
Managers Wang Yaocheng and John Galen set up password locks respectively. To open this special aluminum alloy password box, the passwords of the two people must match, and then the signature with the secret seal can be opened to take out the final tape recorder.
This tape will be put to sleep in the vault of the law firm, and may never see the light of day again.
After doing all this, Manager John Galen respectfully sent Wang Yaocheng away, ending this important meeting.
the next day
The bright sunshine filtered through the gaps in the curtains. Wang Yaocheng turned over lazily, covered his head with the corner of the quilt, and continued to sleep soundly.
"Ding dong, jingle dong."
There were two pleasant electronic doorbell tones.
"Oh...what time is it?"
He touched his watch and checked the time. It was already nine ten in the morning.
The one who can knock on the door at this time must be Cai Linlin. The other two are smart and will not disturb the boss's dream at this time.
Wang Yaocheng lazily got up and opened the door, walked to the bed with his head lowered and lay down again.
Cai Linlin walked in with a fragrant breeze and closed the door. She couldn't help but get angry when she saw him like this: "Get up, little lazy boy, look at what time it is?"
"Don't make trouble. I won't come back until after three in the morning. Give me a little more sleep."
"Not to mention, you sang really well at the karaoke hall yesterday. I thought you had learned it professionally, but I couldn't tell that you still have this unique skill."
"I have many unique skills."
Wang Yaocheng suddenly turned over, pulled Cai Linlin down, and said maliciously, "Dear Senior Sister Cai, do you want to know?"
"Oh, don't make trouble."
Cai Linlin struggled for a few times and then gave up. She looked at Wang Yaocheng with a sunny face with stubborn eyes and said, "I'm warning you! If you move again, I will sue you for molestation. Call someone loudly and you can weigh it yourself."
"Hey! Just scream, scream loudly, no one will come to save you even if your throat is broken."
Wang Yaocheng proudly said the line he had always wanted to say, leaned over and covered it with his big mouth...