Chapter 65: Producing Wealth (Part 1)
The group walked down the stairs to the hall. Two handsome men with bodyguards looked at each other and guarded each other. The man in the windbreaker stopped and observed in the hall with great interest, listened, whispered a few words to the surroundings from time to time, and even made a few words to the red vest that was being discussed.
At this moment, in a corner of the trading hall, several people were also whispering.
"Uncle, don't hesitate..." A young man with a short figure and half of his face wrapped in a scarf looked at the middle-aged man next to him, "It will be too late if he doesn't enter the venue..."
"Xiaoye, the spot stock has rebounded a lot recently. This futures are more expensive than spot stock, and it is ten times leverage..." The middle-aged man said with some distress, "You must know that if this order continues, one piece of steel will be lost by one ton, and the five hundred contracts will be lost by 50,000 yuan, and a 500,000 yuan will be lost by 500,000 yuan! The war ended, so many factories were expanded during the war, and the government's five-year plan is preparing to open so many steel mills. The market for this steel..."
"Uncle, I have calculated that in the next year, the steel gap will be at least more than two million tons!" said the short green young man, "Uncle, you only see the country's planning for the productivity of the steel industry, but ignore two aspects:"
The middle-aged man was slightly stunned.
"First of all, in the past two years, the country has to import steel calculated in million tons from the United States to meet the construction needs. However, the US infrastructure and shipbuilding industry have already experienced high heat, and heavy industry has expanded production under the sting of French completion orders. In addition, military competition among several major countries has intensified, it is already good for the US to maintain its steel exports to my country." said the short young man, "The second is the domestic side. Now the central government has relaxed credit, provided loan interest subsidies, and even allocated a large amount of funds and supporting credit construction key projects. All regions are ready to launch a series of local development plans. The matter is obvious: the more perfect the infrastructure, the more developed it is, it will be more attractive to domestic and foreign capital, and the more it can obtain investment from the industrial and commercial industry and develop the local economy. This wave is coming... Even if the steel production capacity is several times, it is not enough."
"There is another problem, that is, steel production capacity will take more than two or three years to reach the design capacity, which does not mean that it will be expanded by expansion." The short young man laughed, "Although steel prices are continuing to rise now, the profit margins in the downstream are still very high. Since it is profitable, all industries will not stop production due to steel prices, and the demand for steel will continue to rise. At the root of this future price is still determined by the supply and demand situation in the future... With these factors, what are you worried about?"
The middle-aged man smiled helplessly: "Xiaoye, you kid......... You don't know how expensive you are if you don't take charge of your family. Although it's nothing if you lose it, it's enough for you to live a comfortable life.
People say that you are content and happy, why do you have to get involved in this futures trading? I don’t know how many people in the United States play futures and have a lot of money. This industry is not a regular businessman!”
After hearing this, the short young man looked dark... After hesitating for a moment, he whispered: "Uncle, I don't like gambling, but I don't want me to be regarded as......"
The middle-aged man looked at the child... and sighed, and expressed his kindness: "Xiaoye, you understand if you don't say it. Your child is very arrogant... But these are the rules set by our ancestors, and they have been like this for thousands of years. If you want to prove yourself, your uncle doesn't object, but you really want to lose money. How can you explain to your mother and your father at that time?"
"If you really lose, I'll let them arrange it." The young men raised their heads and said stubbornly... "I will do whatever they want. I admit it... But if I win, you must stand on my side. Grandpa has always loved me the most, and you can be half of your grandpa's family, so there will be a turning point..."
The middle-aged man looked at the other person and sighed for a long time: "Xiaoye... Do you know that even if your grandfather, your father, and your grandfather agreed in the end, but if this matter is spread... I don't care if you are not ashamed, and I don't care about your uncle. But what about your father? What about your grandfather? It's yourself, you will become a laughing stock, and how can you meet people in the future... How can you live your life?"
The short young god was so angry that he lowered his head slightly.
"I think that if you can buy a lot of steel, as long as you seize the opportunity to sell, you will definitely not lose money."
At this moment, a muffled sound came. The middle-aged man turned around and saw a man with a figure, a scarf and big black glasses, who came behind him at some point.
The middle-aged man noticed the expressions of the people behind the other party and thought to himself that this person seemed not old, but his attitude was very small. The few people around him who were obviously bodyguards were undoubtedly from the military and were absolutely elite. It seemed that even the special bodyguards were eclipsed compared to his father and the brother-in-law.
A middle-aged man was mingling in both the official and the business world, so he naturally knew that there were many people with unfathomable backgrounds. Although he was a little irritated, he did not dare to lose his manners and said politely: "This brother, I am Zhou Weiyuan, how dare you ask for your brother's surname and name?"
After saying that, the man skillfully handed over a business card.
Zheng Yu, who came to Tianjin to conduct a survey, did not act politely. He also took out his "business card" from his arms and handed it over, lowered his head to look at the business card in his hand.
"The general manager of Bohai Bank............Do you ask Zhou Xiangyu who is you?"
"It's my father." Zhou Weiyuan said, "Qiansheng Research Institute............ It turns out to be Brother Chen, who is indifferent to respect."
Zhou Weiyuan felt awe-inspiring at this moment.
Qiansheng Research Institute belongs to the royal family and has always been recognized as one of the important think tanks for royal decision-making. It has various rumors in all walks of life.
The person in front of him, who is known as the "chief researcher", is naturally a first-class think tank around the emperor. Although his background is also extraordinary, he is naturally the best way to win over and get close to such people.
Relevant information flashed through Zheng Yu's mind.
Bohai Bank is not one of the eight major banks in the empire, and is not even a front-line among second-rate banks. It is just because its founder Zhou Xiangyu's business thinking is relatively conservative, especially when he was determined to be a "gentleman is not a party" and did not form a consortium with the industry like other banks. However, Zheng Yu also knew the complexity of the reasons. Bohai Bank was a product of the "new policy" of the Qing government in his early years. It was originally a "official supervision and commercial office" and later imitated the south to change it to "private office". Zhou Xiangyu himself was a juren and was used to seeing the struggles in the Qing Dynasty. The official enterprises were mixed up in the whirlpool of the official struggle and got unrecognizable. Naturally, he didn't want to get into trouble again... He simply used the sign of "professional bank" and operated with commercial principles.
However, his son-in-law Liu Jianrong has always been determined to form a consortium.
Liu Jianrong was a wealthy man in Jiangsu and started his business in the textile industry... During the period of confrontation between the north and the south, he had become the giant of Jiangbei's textile industry, known as the "textile king". Liu Jianrong himself was also a juren. In his early years, he failed to take the imperial examination and simply focused on doing business. He was a little overwhelmed by Zhang Jian, who was the top scholar and started his own flour industry in Shanghai. After Liu Jianrong's wife died of labor, he became more and more romantic and unruly... In a social event, he became the daughter of Zhou Wanru, who was studying for a high school girl. Zhou Wanru was determined to marry into the Liu family as a successor. Liu Jianrong knew that his industry must rely on the power of the bank to develop. Of course, he would not refuse such beautiful girls who came to the door, so he worked hard to operate and finally got the beautiful woman back.
Since then, Zhou Xiangyu's Bohai Bank and Liu Jianrong's Jiamei Textile Group have become increasingly close. On the one hand, the tentacles of Bohai Bank have penetrated into the Jiangsu and Zhejiang generation, radiating to Shandong, Henan, Anhui and other provinces. On the other hand, Yi Jiamei Textile has received sufficient financial support and its business has expanded thousands of miles a day... It has begun to go hand in hand with Zhang Jian in Shanghai.
Zheng Yu looked at the short young man and thought that this seemed to be the baby son of Liu Jianrong and Zhou Wanru. He just didn't know what the reason was to go to Tianjin to trade futures when he was not good at it. However, after hearing what this boy said, he was quite a bit of a clever mind, and he must have a family background.
He looked at the short young man who was wrapped in a scarf like himself, and for some reason he became more intimate.
"I'm Chen Liang, I wonder what this little brother is called?" Zheng Yu's voice calmly made his voice sound deeper and heavier... "I'm quite interested in business affairs. I'm just a little touched when I heard what my little brother said, and I'd like to ask for advice."
The short young man bowed: "My little brother Liu Xuanye, what he said just now is probably the smile on the Fang family..."
"Brother Xu is too humble......... What my brother said just now makes sense, and I am optimistic about the price of steel." Zheng Yu said in a muffled voice, "Brother Xu can analyze futures price trends from the supply and demand... especially at the domestic and foreign supply and demand level, which really opens my eyes......... I'm afraid that even professional brokers who are used to futures may not be as thorough as brothers."
The short and straight young man shook slightly. Looking at the man whose half of his face was covered by a scarf, some inexplicable brilliance appeared in his eyes.
"I wonder what my brother thinks about cotton?" Zheng Yu said, "Some of my friends are in this industry. They think that cotton will have a long market and will last for a long time... Are there any ideas for brothers?"
The short young man looked at the middle-aged man beside him, hesitated for a moment, and finally said, "Cotton, I am very optimistic about it too......... Even in the long run, I am more optimistic about cotton than steel. But in the short run, I think I still have to wait."
Zheng Yu was slightly stunned: "What does this mean?"
"I have some personal understanding of the cotton industry at home," said Liu Xuanye. "Cotton is mainly used for the cotton spinning industry. The biggest obstacle to the cotton spinning industry in the early days was mainly production capacity. Now the country's industry is developed, new spinning machines are emerging one after another. Various factories have adopted new looms... to improve processes and improve efficiency. The downstream demand is almost unlimited. The wear of hundreds of millions of people... It is conceivable how much there will be in the future. The supply of cotton, frankly speaking, does not mean that it can be raised immediately by improving it. Cotton planting has regional requirements, professional restrictions, and other risks are even more direct."
"However, now is not a good time to invest in cotton." Liu Xuanye raised his face proudly, looking at Zheng Yu, who was wrapped in a scarf on his face. "On the one hand, in order to supply military clothing in the past two years, domestic textile production capacity has increased too quickly. After the war, the market still needs to be digested; on the other hand, the western United States has always been the highest-level cotton production area in the world. This monsoon has been a good harvest and it is definitely a big sale to the empire. At this moment, it is better to be cautious when making more cotton."
Zheng Yu looked at the short young man in surprise, and then realized that although he had given him full attention, he still underestimated this young man who was as "low-key" as himself.
Although Zhou Weiyuan is knowledgeable and used to observing words, he was helpless. The "Director Chen" had half of his face wrapped around his scarf and could not see any joy or anger. Although he was a little proud of his juniors' knowledge, he had to consider the trouble that might be caused by angering this royal confidant of a considerate. In the second half, he frowned half seriously: "Xiaoye... your little knowledge is still showing off in front of the gentleman..."
"Or otherwise." Zheng Yu waved his hand, "Brother Liu's words make sense, I admire them."
Liu Xuanye was obviously quite proud, and looked at his uncle with a little provocative attitude. Zhou Weiyuan looked at the "Director Chen"... and then looked at his nephew who had been a little unique since childhood, and his heart was over and over again.
After a while, Liu Xuanye, who seemed to be young, knew everything about commerce and investment. Although he was inevitably a little naive compared to the monster Zheng Yu, even with some old world around him, he was indeed outstanding.
Zheng Yu looked at this young man who was half shorter than him and had a little thin figure... the more he looked at him, the more he liked him. He couldn't help but think, if such a baby is tempered for a few more years, wouldn't it be the contemporary Soros first-class? Then, with his support, he will be in Europe and the United States, so why worry about the financial front?
It’s a pity that his sisters are already famous, otherwise…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
"Since Brother Liu has such knowledge in this way, I wonder if he has ever planned to work in this way?" Zheng Yu looked at the young man wearing a scarf and a cotton hat, "There are several futures companies here who are eager to seek talent. If the brothers are interested... Oh... I almost forgot."
He looked at Zhou Weiyuan: "I almost forgot that Brother Liu should be the Shaodong of Jiamei Textiles. Naturally, I will not take these into consideration. But I am Meng Lang..."
The short man lowered his head slightly, not knowing what he was thinking.
"Don't do your job properly, don't do your job properly." Zhou Weiyuan looked at his nephew with some regret and smiled bitterly at Zheng Yu, "This child seems to have some ideas about doing business, but at his age, participating in each of these things below is not the right way. No wonder his father is worried that this child will sooner or later make a fortune..."
"I won't be a loser." The short man couldn't help but mutter... He looked up at Zhou Weiyuan, "Uncle, you all think that futures are not the right way. I want to ask you, if mō does not understand the rules of futures price changes, he cannot make good use of futures tools... how much will a large company like Jiamei lose?"
"Let me give an example. Now the cotton price is like this. Is Jiamei stocking up or going with the market? If we expect that the cotton price will rise in the future, we certainly have some cooperative cotton merchants that can supply it, but can the quantity be guaranteed? Let's talk one by one. How much manpower and material resources will it take to consume with such a large demand like us?" said the short man. "If the cotton price soars at that time, and the originally set supply orders will not be able to meet the demand for cotton, and such a large quantity of Jiamei depends on the market to solve, where will the cotton price be speculated?"
Zhou Weiyuan looked at his nephew in amazement.
"Commodity Exchange provides the best window for us to judge the future cotton price trend." The short man pointed to the blackboard opposite, and was solemn. "More importantly, it provides a tool to lock in prices. Companies like Jiamei with huge demand must use the future future contracts of the commodity exchange to lock in part of the demand for raw materials to avoid the risks brought by the violent movement of raw materials."
"I actually admire all the governments." The short man sighed, "My father once said that for Kami, the biggest threat is that Americans manipulate cotton prices. Fortunately, although there have been several bō in recent years, they are finally in danger.
Now that Japan and Russia have collapsed, China and the United States are also in a vague confrontation. Looking at the current dynamics of the US government and opposition, at least the Republican Party has raised its vigilance against the empire. In the future, the United States will use these means to curb the development of the empire's industry..."
Zheng Yu became more surprised the more he heard it, and his eyes became more serious when he looked at the short man.
As early as Zheng Ying's era, the talented and stunning time traveler had already prepared for the futures trading in the US financial business had already included penetration of futures trading on major U.S. commodity exchanges. In recent years, with the increase in China's export of industrial products to the US and the significant increase in imports of American agricultural products, raw materials and primary products, the United States has already tried to use commodity futures to extract benefits from China.
The Chinese royal industry in the United States has fought with Americans in a solid battle with Americans in the futures market. In order to cope with the Americans' usual tricks of forced goods, the Chinese consortium even used a large number of merchant fleets to import commodities from Asia and South America to complete the delivery, defeating many futures giants in the United States who are calling for trouble. They even became famous for their fierce forced positions. The "old Hutchin" Benjamin Hutchinson, who was also slaughtered in the battle for forced warehouses in wheat and went bankrupt. One after another, the bloody lessons finally established the status of Chinese capital in the American futures market and stabilized the prices of American commodities...
Chapter completed!