Li Jinghan looked around and happened to see Yao Yuan walking over from the console, so he stood up and waved.
Yao Yuan was going to come over and chat with the three of them.
"Mr. Yao, can you tell us what the results are so far?" Li Jinghan asked with a smile.
Yao Yuan sat down, looked at the data on the screen, and said, "About 80 million. The situation has just unfolded and the effect has not yet been seen."
Deputy Director Zhuo quickly asked, "US dollars?"
"Yes, the units are US dollars." Yao Yuan smiled and nodded.
Deputy Director Zhuo gasped and murmured, "If you make 80 million US dollars in just over an hour, Mr. Yao, you might as well just specialize in stock trading."
There was envy and sourness in his tone.
If the foreign exchange management department wants to increase the value of foreign exchange, it is impossible to invest domestically. It must invest overseas. The fastest way is to invest in the financial market. This is what the foreign exchange management department needs to learn most at the moment.
In fact, the foreign exchange management department has recruited some highly talented financial students from several prestigious universities, but most of these people have excellent theoretical knowledge and almost no practical experience. They have also paid a lot of tuition in the past two years, and the losses made Deputy Director Zhuo terrified.
Now, with a real live teaching in front of him, he could earn 80 million US dollars in just over an hour of talking and laughing. He couldn't help but think, if Yao Yuan's company was entrusted to manage the country's foreign exchange reserves, wouldn't the money be flowing in?
As if he had seen through what he was thinking, Yao Yuan said with a smile, "We have invested five billion US dollars and have been planning for a long time. If we don't even have a profit margin of 1.6%, it proves that our plan is seriously wrong.
"
He added with a smile, "It will cost millions of dollars just for handling fees, stamp taxes and so on. Throwing away other costs, there is not much money left in the pocket."
Deputy Director Zhuo didn't care about Yao Yuan's explanation at all. His idea was very simple. Even if he invested 50 billion U.S. dollars, earning tens of millions of U.S. dollars in just over an hour would be very impressive.
China's foreign exchange reserves are indeed increasing sharply, but at the same time, domestic import demand is also soaring, even greater than the increase in foreign exchange reserves.
In the 1980s, the country's foreign exchange reserves amounted to several billion US dollars. In order to use the precious foreign exchange wisely, the country implemented a strict foreign exchange management system and vigorously encouraged enterprises to earn foreign exchange through exports. The intensity was such that they subsidized the amount of foreign exchange earned through exports. In fact, this was an encouragement
Enterprises earn foreign exchange by exporting regardless of cost.
This year, foreign exchange reserves were finally loosened, and some high-value, high-value-added technical equipment could be slightly liberalized for import. However, it was soon discovered that foreign exchange reserves were still in short supply.
In order to ensure that domestic enterprises upgrade equipment and technology, it is no longer enough to implement a strict foreign exchange management system. In addition to encouraging enterprises to vigorously export and earn foreign exchange, there is only one way - to make money and invest foreign exchange.
make money.
Deputy Director Zhuo thought of this and said with emotion, "Mr. Yao, if you have the opportunity, please guide us. Our foreign exchange reserve management department is under great investment pressure, especially in the financial sector. We need to learn from you."
"There must be opportunities, but I don't suggest that the national foreign exchange reserves should focus on making quick money in the financial market. Instead, they can make some long-term investments, which can at least offset the depreciation rate of the currency. The most important thing is safety. It is all national
It’s better to be cautious about the people’s hard-earned money.” Yao Yuan said casually with a smile.
But his words didn't seem to be spoken casually. They contained a heavy meaning of reminder and warning.
Dongfeng Group is the largest foreign exchange earner in the country, so he is qualified to say this.
Oriental Petroleum Company alone supports almost a quarter of the country's foreign exchange reserves. You must know that most of Oriental Petroleum's business is overseas business, and it receives US dollars and earns US dollars.
Hearing the implication of Yao Yuan's words, Deputy Director Zhuo acted sincerely, nodded and said, "Yes, Mr. Yao is right, every penny we manage is woven by the common people with needles and threads.
It is a result of hard work, so our foreign exchange management department has always been very cautious when it comes to investment..."
"Boss! There's a situation!" Suddenly, Pan Jie, who was standing behind several main traders with his arms folded and directing the battle, raised his fist and shouted.
Suddenly, the entire securities trading room fell silent.
Yao Yuan quickly stood up and walked over.
Pan Jie pointed at the screen, where the number representing the Thai baht had stopped falling. Seeing this, Yao Yuan couldn't help but frown slightly.
This is very abnormal behavior.
The Thai government is on its knees, and the Thai baht can only plummet, and it will only plummet. Now it depends on who has the most goods, and it is a simple and rude confrontation of shipments. To stop the decline of the Thai baht, someone must take over.
Eat the Thai baht sold by international speculators.
In this situation, everyone just hates that the Thai baht has not fallen hard enough. How can it be possible to take over?
Therefore, it is an anomaly for the Thai baht to suddenly stop falling.
Regarding the follow-up plan, Pan Jie did not dare to act rashly or make a judgment easily. This situation needed to be decided by Yao Yuan himself.
Yao Yuan thought quickly, and after a few seconds, he said decisively, "It's a test. Soros is testing."
Pan Jie immediately ordered his assistants to investigate in this direction. All the accounts controlled by Soros were under control. If you check their transactions, you will know what is going on.
Sure enough, Pan Jie got the note a few minutes later and said in a deep voice, "Eighty percent of the accounts controlled by Soros have stopped trading. This is definitely a test. What should we do?"
Yao Yuan smiled and asked, "What's your opinion?"
Pan Jie knew what he was doing and said, "He will test him, and we will do ours. It depends on whether Soros has the courage."
"Well, this is like someone from the Dongfeng Group. Let's do it. Since Soros wants to see our muscles, let's show them to make him suspicious." Yao Yuan nodded with a smile.
"Understood." Pan Jie quickly made arrangements.
Deputy Director Zhuo and three other people came over and asked curiously and worriedly, "What happened?"
Yao Yuan said, "Soros has stopped shorting the Thai baht. He must have noticed that someone is grabbing the meat from their mouths and testing us."
"Is it serious?" Deputy Director Zhuo asked, but he couldn't quite understand.
Yao Yuan smiled and shook his head, "Since he wants to see who is snatching his flesh, then I will let him see it. It is best to scare him, and it is best not to come to Hong Kong to cause trouble."
He changed the subject, "However, there is a high probability that Soros will continue to raise funds to attack Hong Kong if he finds out that we are prepared in Hong Kong."
"Will he find out?" Deputy Director Zhuo asked worriedly.
Yao Yuan shook his head, "No, we have done a good job in keeping secrets. Half of the accounts are not in Hong Kong. To say the least, even if he knew that we were waiting to encircle and annihilate him in Hong Kong, he would still come here."
"Soros isn't that stupid, is he?" Li Jinghan frowned.
Yao Yuan smiled and said, "Of course Soros is not stupid, but he is very crazy and will not believe that he will get into trouble in Hong Kong."
Pan Jie added, "Hong Kong is Asia's financial center and a free economic market. For Soros, Hong Kong is the fat. His attack on the Thai baht is just a warm-up and a test."
"Now it seems that his test has yielded unexpected results. No one expected that the Thai government would surrender so quickly and so neatly."
Now Deputy Director Zhuo understood that it was almost like fighting!