Chapter 779 CFA Meeting
The next morning, Jason drove Anya to school, and Han Xuan stood at the door and said goodbye to the girl in the car.
By eight o'clock, people came to the villa in the Shangxi District one after another, dressed like they were carved from a mold.
Except for the different color of the tie, the rest are black leather shoes, black suits, white shirts, and a briefcase in their hands. They are very stylish.
Han Xuan sat in the old man's study and waited for a while.
There were more than a dozen chairs placed in an arc opposite the desk, and Dawson stood behind him.
When the chairs were all full, he asked, "Are you all here?"
"Yes, all the A- (financial analysts) in the branch who have been exposed to metal futures are here."
Keynes, the head of the Wall Street branch of Snow Mountain Investment Company, was about 42 years old. He replied that he was British, with a thin face and deep eyes, and looked very capable.
Han Xuan played with Kailandi's limited edition pen, this $160,000 pen has a 18k gold nib, 10 bright diamonds, and the body and cap are made of 18k gold.
It is worth no less than a Ferrari supercar, which emits fine and colorful light under the sunlight.
Looking around the golden-collar classes in front of him, Han Xuan said:
"Okay, now we have a meeting.
I read the collected information last night. What suggestions do you have for that plan?
Listen clearly, what I want is suggestions, not opinions.
No matter what you think, I will definitely implement this plan, so don’t waste your mouth and persuade me.”
Many people who were about to speak closed their mouths and said this to the point, which made the boss unhappy. It was not something that a person with a brain would do.
"Yesterday, the London Metal Exchange closed copper price in the US dollar, down 1.3% from the previous day, down 4.34% in a week, down 9.08% in the past three months, and is expected to fall again."
One of the financial analysts just finished speaking, and the other continued:
"BHP Billiton, Rio Tinto, Vale and other companies have announced an increase in copper mining this year, with an increase of about 5%. The world's copper use in the first quarter increased by 3.3% compared with the same period last year.
If nothing unexpected happens, the raw materials will be slightly oversupplied. In addition, investors are declining to the recent decline in copper prices, which should further fall to a low of around US$2,750 per ton.
This is the data given by Bloomberg's chief financial analyst. My modeling results are lower than that of him, and only $2,710."
"Japan Sumitomo Corporation, Japan, currently owns a 22nd Fortune 500 company with a portion or all stake in copper mines and smelters in countries including Chile, the Philippines, and other countries, is trying to raise copper prices.
Their trader, Hamatsu Tainan, currently has about 2.1 million tons of copper futures, controlling about 6.1% of the trading volume and open contracts on the London Metal Exchange.
But I am not optimistic about Sumitomo. The high copper price is not in line with the interests of Britain, France, Germany, and the United States, which lack copper ore. It is fighting against several countries.
A group of venture capitalists with government shadows, with a total amount of more than 4 billion US dollars, attempting to lower the copper price, so I also think that the copper price will fall further..."
The people opposite Han Xuan expressed their opinions one after another.
There were fourteen people in total, only two of them thought the copper price would rise, while the other twelve financial analysts believed that it would fall.
Dawson was taking meeting notes next to him, occasionally looking at the little boss with a contemplative look. He was a little worried about whether this huge gambling plan would be successful.
However, the venture capital that had been comparable to textbook cases two times before, made great achievements, which made him confident in Han Xuan, do his duty well, and continue to summarize the key contents of the meeting.
"what you think?
Mr. Cairns.”
Han Xuan sat on a chair with his fingers crossed in front of his chest.
Keynes has a very good background. His grandfather was named John Maynard Keynes. He was one of the most influential economists in modern economics and once served as the first president of the World Bank.
The macroeconomics he founded was together with the psychoanalysis method created by Freud and the theory of relativity discovered by Einstein, and is called the three major revolutions in the human intellectual circle in the 20th century. It can be seen how transcendent the status is.
The grandson of the old Keynes, Matthew Keynes, like his grandfather, graduated from the University of Cambridge in the UK and successfully obtained a doctorate in economics at the age of 34.
People like him who came from a noble family and studied with Franko Modigliani, the Nobel Prize winner in economics, have a very clear opinion on the economy, with clear ideas and clear opinions.
He was able to achieve success in macroeconomics and handle specific matters even more easily, so Han Xuan paid $3.5 million a year to poach him from Morgan Stanley and hired him to be the supervisor of his branch.
Mr. Keynes crossed his legs and put the folder on his legs and opened it, saying: "The recent joint venture capital organization led by Soros is in a fierce momentum. The open position in their hands is enough to support another month and a half.
Japan's Sumitomo Company lost more than 800 million US dollars due to the decline in copper prices in recent months, which forced it to continue fighting.
According to the clues I collected, Sumitomo gave Hamazaka Tai Man two billion dollars to take up the futures contract sold by Soros and the others.
Although Soros suppressed the copper price a lot, Sumitomo will definitely make efforts again, because once the copper price rises, Sumitomo will not only not lose money, but will also make a big profit from it.
That Japanese consortium has influenced the world's copper prices for many years and it is impossible for it to give up easily.
So I think copper prices will fall again in the near future. As for when the decline should be in early May and mid-May, copper prices will be pushed up again after that.
Soros underestimated Sumitomo and also underestimated the Japanese paranoid personality. He would fail this time, but he would make a lot of money that could continue to compete with Sumitomo. Regarding this copper price crisis, it would be impossible for one side to end it.
I think Soros has a big chance of winning. They have government support and politicians are shameless. When Soros can't hold on, he will definitely help him."
Keynes said this calmly and even thought of future development trends. It turns out that in his previous life, as he said, the US Commodity Futures Trading Commission and the London Exchange took action at the same time.
This wonderful remark made Han Xuan unable to help but want to applaud, and said to Cairns with a smile: "I am willing to give you an annual salary of 3.5 million US dollars.
Then the price of copper buying falls. It takes one month to host this short selling, Mr. Keynes.”
Keynes shook his head, "Financial analysts cannot participate in real transactions in person, that will affect our judgment. Humans are emotional animals, and you don't want to lose money, right?
So I will continue to do my analysis and research.
As long as the news keeps up, not saying how much you can make, at least you won’t lose money.”
"That's enough. Thank you for your help. Then I'll find someone else to take charge of the operation.
Three percent, as long as you make money, no matter how much you make, I will give you a 3% reward for profit."
Keynes's mouth curled up and then asked, "How much do you plan to invest this time?"
"I'll get one billion dollars in advance. I want to try how deep the water on the London Metal Exchange is..." (To be continued.)
...
Chapter completed!