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Chapter 719 High-quality customers

It finally snowed in Hanzhou.

It was originally expected that only a four-hour drive would take Liu Meijia for seven hours.

However, when Fu Zhengyi held her hand and walked into the villa of the canal pearl, Liu Meijia couldn't help but exclaim. "Oh my God! It's so beautiful..."

He took Liu Meijia to the second floor, and Fu Zhengyi surrounded her slender waist, placed his jaw on her shoulder, and pointed to the turbulent canal outside the window and said. "The Grand Canal passes through Hanzhou, so its world status here was once comparable to London and Hong Kong. Its history can even be pushed to more than 400 BC, with rich cultural heritage and elites emerged..."

Turning his face and pecking his cheek, Liu Meijia sighed. "Yes, you are such a monster! I just don't know if you can live forever after eating your meat?"

"Hungry?"

Seeing that Fu Zhengyi was a little evil in his smile, his eyes also fell on his lips. When his heart trembled, Liu Meijia turned red. He gave him a charming look and then quickly broke free from his arms. "Don't think about it all!"

"Some people like the most is to push others by themselves. Children who are full of their minds are not suitable, but they insist on thinking that others think so. I just want to ask if you are hungry. Is this a sin?"

Liu Meijia's face turned redder. "You have a criminal record!"

With his hands spread, Fu Zhengyi made a helpless expression. "Is it possible that people will not be allowed to reform?"

Just as he thought he was thinking it was a mess and was uneasy, Fu Zhengyi picked up Liu Meijia's legs and hugged her in his arms, and laughed. "Actually, the hungry one should be the one who is the one who is the one who should have eaten the meat of his mouth three hours ago, but he was delayed on the road. He said! How should you compensate me?"

It was so unbearable that Liu Meijia's neck turned pink and she screamed in shame. "Ah! Big Bad guy..."

Half an hour later, Liu Meijia, who walked out of the bathroom wearing Fu Zhengyi's shirt, saw that he was still lying on the bed with his back on his back, but he spat in shame. "I've never seen such a hurry!"

"If you've seen someone who is not anxious, it's my turn to be anxious..."

Liu Meijia was so amused and laughed. "Can you be a little bit positive? I was so surprised. Why do I suffer a loss every time I verbal battle?"

"What? Are you still going to have a verbal battle? Come on, I'm fine!"

He was so embarrassed by his lazy and scoundrel attitude that he glanced at Liu Meijia hatefully and said helplessly. "I want to have midnight snack! I'm hungry..."

"There hasn't been fired here yet, there are only instant noodles and ham sausages..."

When Liu Meijia heard the 'ham sausage', her face turned red again. Just as she was about to speak, Fu Zhengyi sat up and said seriously. "Don't think about it!"

He grabbed a pillow and smashed it over. Liu Meijia, who was shy and annoyed, turned around and went downstairs. When he entered the kitchen, he saw that there was really a box of instant noodles and two large bags of ham sausages. He couldn't help but burst out laughing.

Fu Zhengyi, who was wrapped in a blanket, waited for Liu Meijia to soak the noodles and delivered them to him. When he saw that the ham sausages had been sliced, he laughed again.

Guessing what he was laughing at, Liu Meijia's face turned redder and she knocked her chopsticks on the edge of the bowl and said angrily. "Eat! I'll talk nonsense anymore, I really ignore you..."

After having lunch, she sat in the living room and noticed that the snow was getting heavier and heavier outside. Liu Meijia, who was lying in Fu Zhengyi's arms, stretched and sighed. "It rarely snows in San Francisco. If you want to see the snow scene, it becomes a luxury..."

"The probability of snow in Hanzhou is lower than before. When I was a child, half a foot thick ice was left on the walls of the school. Global warming is a major trend. The heat island effect of southern cities will make it difficult for snow to fall to the ground. The bigger the city, the harder it will be to see snow. But the opposite is true in the north. The El Niño phenomenon will cause the north to become colder and worse in the climate..."

Liu Meijia was very surprised. "Why do you know everything? Then let me ask you, what do you think of this presidential scandal?"

"Presidential scandal? What does it mean?"

"Wow! The scandal of the US president, don't you know?"

Although I knew the scandal that was almost impeached and stepped down because of it, Fu Zhengyi shook his head immediately. "I don't care about these things, how could I know..."

"Justice, the political situation over there should be still to pay attention to. I attended a meeting a few years ago and heard industry insiders say that the US government launched an investigation into the large number of foreigners' holdings of U.S. companies. Bayside Securities was also affected by long-term holdings. Fortunately, it has been analyzing and investigating companies in technology and Internet stocks. Research reports have been published on Wall Street every month. The investigation agency just simply reviewed the information and left. However, there are two market makers in Nevada who have suffered heavy punishments because they cannot provide detailed research information and have no complete operation plan. They were also ordered to transfer or sell their technology and Internet stocks within three weeks..."

"The operation plan of Bayside Securities was formulated a long time ago. Chicago's independent research institutions have analysis reports every month. If they are still troubled, then the US financial market will not be able to do it..."

Speaking of this, Fu Zhengyi realized that Liu Meijia seemed to be a little too excited and in high spirits today, and the joy on her face was almost unconcealed, so she pinched her chin and asked why?

"Ha! You finally discovered it? Jiamei Bank has won the favor of a high-quality customer, and it is estimated that the profit this year will increase a lot!"

"Yeah, this is a big deal! Tell me, what kind of high-quality customer is it?"

"It is an asset management company that has not been established for a long time, but the asset management scale has increased at an amazing speed. They want to obtain long-term financing channels through Jiamei Bank and promise to open an account at Bayside Securities. The framework agreement was officially signed yesterday. Although Jiamei Bank's first loan was only 300 million US dollars, the interest rate spread was 10% higher than that of conventional business. I really hope to have more financial reserves and provide more funds for such customers..."

Speaking of this, Liu Meijia raised her face and said, "It's so justice. At present, Jiamei Bank's capital is not sufficient, but customers hope that the accounts established in Wanbian Securities can obtain higher leverage. But I am not sure if I should take this opportunity to increase Jiamei Bank's fame and increase the profits of Wanbian Securities, or should I continue to implement the established technology stocks and Internet stock absorption plans and increase the profits of self-operated markets..."

"Actually, no matter what kind of customer, it is definitely not as profit as the proprietary trading of Wanbian Securities..."

As soon as he said that, Fu Zhengyi saw Liu Meijia pouting and quickly asked how big the scale of this high-quality customer is?"

"This asset management company was established in 1994. It invested only $1.3 billion in capital at the beginning. However, because its management team not only has the former deputy director of the Federal Reserve, but also two celebrities who have won economic awards, its own assets have reached an astonishing nearly 8 billion in just over three years. The financial assets leveraged through financing from various banks should have exceeded $120 billion! The asset management company's performance in the past four years has been amazing, with a return rate of more than 15% since its establishment, and its profit growth in 95 and 96 has reached an astonishing 40%. If it weren't for the asset management company's maturity redemption of nearly $3 billion, they wouldn't have needed to find additional financing channels..."

The profits of the technology stocks and online stocks that the Wanbian Securities has long absorbed and held must be estimated according to multiples. Therefore, when Fu Zhengyi heard this, he lost interest. He wanted to say, "It's better not to do it for a long time." When he saw Liu Meijia waiting for his praise with anticipation, he laughed. "Why, does this business make you feel very accomplished?"

"Of course! This asset management company is very cautious in choosing cooperative banks. If it weren't for the amazing performance of the New York fund company, they had not considered to let Jiamei Bank participate. I personally visited the president of their company. I finally convinced them to let Jiamei Bank be shortlisted for participation. It took more than two months to get it. Other regional banks in the San Francisco area were envious..."

Speaking of this, seeing Fu Zhengyi giving him a thumbs up, Liu Meijia continued proudly, although her face was a little flushed. "I think so. Most of the profits of Jiamei Bank were realized through New York Fund Company. Now that the agreement of this asset management company has been signed, I think it is also a good opportunity for Jiamei Bank to expand its market. With the help of cooperation with this asset management company, I think Jiamei Bank and Wanbian Securities can further complement each other. When new customers are constantly developed, Jiamei Bank will truly gain a foothold there..."

"The profit margin has reached double digits for four consecutive years. It should be said that this asset management company is still good. It is not easy to increase the management funds from 1.3 billion to nearly 10 billion. However, the role played by former Fed officials in this company is not particularly large, and economists' analysis is more focused on theory, so I am not very optimistic about such a management team combination. The US financial market is very taboo in 'insider trading', so don't be superstitious about the effects of these officials and economists..."

"I'm not superstitious. The key is that the company's investment strategy is quite advanced. Although the leverage is relatively high, you can use the interest rate swap market to make a risk-neutral arbitrage strategy, that is, buy undervalued securities and short-sell overvalued securities to achieve profits! The risk is not high, but the returns are quite generous. Their CEO said that the future will definitely be a market for quantitative trading, with fixed risks and promising profits..."

The moment he heard the word "quantitative transaction", Fu Zhengyi was stunned...
Chapter completed!
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