Chapter 087 War Without Gunpowder II
A series of orders were issued. Jiang Haiyang, who had been busy since he entered the business department at around 8 o'clock. When he saw that it was half past ten, he quickly picked up the cup of warm water that had been changed on the table many times and took a few sips to moisten his throat.
It's simply too confusing!
The more he knows about the Magic City Business Department, the more angry he becomes!
Such an important window-type business department was placed in an extremely dangerous situation under the management of Liu Kairui. Not to mention the fact that the company's deposit system is false, even the division of internal responsibilities is simply a mess.
If it weren't for the eight-minute decline in the last eight minutes before the trading session of the 327 variety, he wouldn't have been able to grasp the situation here in a short time, and he wouldn't have found that the business department's own funds were in an extremely dangerous state.
There are more than 600 futures accounts in total, and most of the leverage of account opening accounts in the name of the company is at a risk state of 40 to 80 times. Among them, the accounts that are liquidated due to 327 varieties are actually as high as 30%. The losses of these accounts have even threatened the business department's own funds. If the 327 varieties continue to fall deeply tomorrow, the business department will generate a risk exposure of nearly 50 million, which will directly threaten the business department's funds security.
Therefore, after Jiang Haiyang issued the last order, he seemed helpless. He could only wait for feedback from employees to negotiate with customers, and while there was still some time to calculate the risk level of the business department.
As a medium- and large brokerage firm with a short-term start in China, but its development speed is still pretty good. Jiang Haiyang does not agree that Taihua Securities has involved in the futures market so early, especially in the environment of disorderly and serious administrative intervention in the country. The greater the development rate in futures trading, the more serious the hidden dangers it has, and the consequences will become more and more unbearable if something happens.
Whether it is the 314 incident that happened last year or the 327 varieties that just happened today, it all exposes the naivety of domestic futures trading and the inadequate supervision. In such a market environment, Taihua Securities still dares to follow those old futures companies to develop so many ultra-high leverage customers. This is tantamount to placing Taihua Securities on a suspended thin steel wire. Any mistake in any mistake will be damned.
That's why he carefully checked various futures products after realizing the risks. The overall impression was that the risk exposure was too large, so he felt that only by taking the most decisive method to correct it, otherwise the potential risks of the Magic City Business Department would become a huge cancer that Taihua Securities could not let go. The result of letting it spread is the early end of his career.
Jiang Haiyang, who wanted to show his strength after returning home, would never allow this potential risk to continue to expand and spread. Therefore, after reporting to the senior leaders who stayed in the headquarters, he was preparing to stay in the business department and wait for feedback from his subordinates. Before the opening of the futures market tomorrow, all the remains must be kept within a controllable range. If necessary, he would not hesitate to force the account of certain customers and suppress the risks of the business department to a controllable range.
Dong, Dongdong...
A knock on the door sounded.
There were four telephones on the table. Jiang Haiyang, who was waiting for his subordinates to report the situation, became popular. Before Liu Meijia, who was pushing the door, had time to speak, she was greeted by Jiang Haiyang's scolding.
Liu Meijia has heard of such statements as water in her mind many times before and is immune to it. However, facing the new general manager Jiang Haiyang, who looked angry and cursed without swearing, she was still afraid and panicked. Fortunately, Fu Zhengyi's careful explanation before coming, she could maintain her proper manners. After Jiang Haiyang's secretary rushed in from outside the door, she then stated her identity and sat down and spoke. "Mr. Jiang, you are so majestic just now. Have you never considered the mood of the customers who have liquidated their warehouses and the feelings of the employees?"
Jiang Haiyang, who initially mistakenly thought that Liu Meijia was an ordinary employee, quickly adjusted his attitude. Although he looked down on such a beautiful woman who suddenly relied on a man to take office, he would not clearly show his attitude because of this.
However, Liu Meijia's irresponsible statement made him furious. "Mood? Feelings? I don't need to consider the mood of customers! I don't need to worry about the feelings of employees! I just need to be responsible for the head office, for the company's assets and safety! Employees only need to execute, and they don't need to feel anything! Since you are here, I want to ask why you dare to summon customers to comfort them without authorization. Do you know what the consequences are?"
"Appropriate comfort can make customers feel the company's concern. The company's development cannot be separated from the customer's support. The development of the business department must rely on the existence of these customers..."
"Nonsense! Taihua Company is just a trading platform! The existence of customers depends on the platform. As long as the platform does not show risks, customers can continue to exist! Any risks that endanger the existence of the platform are unacceptable and allowed!"
In the dispute over ideas, how could Liu Meijia say that Jiang Haiyang, who has lived abroad and spent gold on Wall Street? What's more, even the rebuttal made with Xi Meiwen as an example, how could Jiang Haiyang pay attention to it?
There are people who jump off buildings every day on Wall Street. Every minute, people in the world go bankrupt. Jiang Haiyang, who has seen this phenomenon for a lot, has long been able to keep inseparable from water and fire. Therefore, he is particularly disgusted with the beautiful woman in front of him who is beautiful, but obviously has the kindness of a woman. He is particularly puzzled by the hasty decision of the headquarters. He thinks that the handling suggestions he sent to the headquarters before was correct and timely!
Jiang Haiyang thought that if he could not expel such a beautiful woman with extremely poor professional qualities from the business department as soon as possible, it would be a serious threat to Taihua Securities and himself.
Jiang Haiyang, who issued the order to expel customers, did not want to continue arguing. He believed that he was right and had to have a decisive belief in dealing with the crisis. Otherwise, even for a company like Taihua Securities, disasters may still occur inadvertently and destroy the company.
Fu Zhengyi, who stayed in the restaurant box, spoke with Mr. Wang from Taihua Securities Corporation, and learned about Jiang Haiyang's situation. He also understood that the turmoil caused by the last eight minutes of 327 was still fermenting.
Fu Zhengyi, who knew what would happen tonight, just explained Liu Meijia's original intention of summoning customers to comfort her, and specifically pointed out the situation that occurred on the 314 breed last year.
"Xiaofu, the domestic futures market is not yet mature. Many foreign experiences learned from it are not suitable for current supervision. I won't talk about technical omissions, but if there is a decision similar to the ones on 314 varieties last year, an old securities company will go bankrupt. Do you think the relevant departments will let that company go bankrupt in order to save the bulls?"
"Mr. Wang, the current situation is not to save anyone, but a major principled issue related to the development of the entire futures market. The last eight minutes of trading is like turning over the table and smashing the market. If this phenomenon is not triggered and eliminated, there will be serious problems in the existence basis of the entire market. Do you think a large state-owned enterprise is important, or is the development and continuation of the entire market important?"
Mr. Wang, who had not left the company building since he started work in the afternoon, was silent when he heard this.
The problems faced by Taihua Company's futures department, the data center of the head office had the most detailed data at 5:30 pm. The number of liquidators, profiters, and potential risk levels have been formed. Textual reports have been placed in front of the senior executives of Taihua Securities. However, no one felt that the main short seller who beat the 327 longs within eight minutes would have such a serious impact on the entire treasury futures market. Therefore, Mr. Wang was difficult to make a judgment for a while, so after hanging up the phone, he went to the general office and reported the speculations mentioned by Fu Zhengyi to the top leader Mr. Liu.
Mr. Liu, who had just reported the situation to the chairman, thought for a moment after listening to the report, nodded and sighed. "It seems that there are still shackles in our thinking. If the nature of the incident is really raised to the point that it is relevant to the entire treasury bond futures market, it would be reasonable to guess the reaction of the superior department in this way... Lao Wang, who proposed this view?"
"On the surface, Liu Meijia, who was promoted to deputy general manager of the Modu Business Department in the afternoon, but in my opinion, it should be the young man named Fu Zhengyi who was fiddling behind. As of now, the filing customers of major futures trading companies, only our Modu Business Department has not reported any casualties. I think even if it is just a deception, the Modu Business Department's approach is kind and benign..."
The top leader Liu Yuan remembered the three personnel appointment decisions for the Modu Business Department. After hearing Mr. Wang’s opinion, he smiled. "Old Wang, no matter how capable Liu Meijia is, the person standing behind her is not simple. Not to mention the huge profits he has earned in the market, just with his outstanding knowledge and overall view, he is enough to be the head of Taihua Securities and Futures Department!"
"Mr. Liu, I have considered your idea. I only earned more than 100 million yuan in more than a year and a half. If I really want to join Taihua Securities, I don't know what annual salary the Human Resources Department should give him so that he can do his best to serve the company..."
Mr. Wang's statement made Mr. Liu, the top leader of Taihua Securities, shake his head and smile bitterly. Such talents are obviously not allowed to be recruited through high salaries. Unless the other party has other demands for working at Taihua Securities, it is unlikely to recruit them.
"Come on, since there is a master standing behind Liu Meijia, then reject the suggestions made by Jiang Haiyang. I think it is better to let Liu Meijia be responsible for managing the futures department and Jiang Haiyang control the overall situation. The former has a keen sense of market, while the latter has the experience and ability to work comprehensively. Such partners should be able to complement each other after running-in!"
The top leader set the order, and Mr. Wang, who had stood up, was ready to say goodbye and make arrangements.
But just as he got up, the special red phone on the table rang.
A notice from the relevant department shocked Mr. Liu to the point where he stood up unknowingly. His expression suddenly changed and he was still holding the receiver and not letting go when the phone was hung up.
I didn't hear anything on the phone, but Mr. Wang, whose eyes moved up, saw the wall clock on the wall. Time just pointed to 1:009...
Chapter completed!