Chapter 488: Floating profit of more than 300 million US dollars

Ma Tengdong was a little dumbfounded when he saw Chairman Xia Yu's reaction. He didn't say anything. It was almost all the bad status of Risheng Society.

Xia Yu saw Ma Tengdong's doubts in his eyes, but he did not explain.

After all, this matter is not easy to explain. Could he still say that in the future, rising society will become rich with Robot Warrior Gundam?

So the best way is not to explain, let Ma Tengdong think about it, increase his mystery and prestige.

Therefore, Xia Yu directly commanded: "Tengdong, give you a task to send someone to find out the assets of Risheng Society as soon as possible, and then acquire Risheng Society. The higher the price is acceptable, as long as it can be acquired!"

Ma Tengdong was stunned, and immediately said happily: "Good chairman!"

In his opinion, this is the chairman of the board of directors giving him strength. Although the current development situation of Rishengsha is not good, it is undeniable that there are a lot of animation production talents in Rishengsha. "Trained, the ability will never be bad, and joining Jiuding Animation Company will definitely be the mainstay.

What's more, Rishengsha has been professionally producing cartoons for six years after all, and the talent is absolutely complete. The acquisition can play a strong complementary role to Jiuding Animation Company.

The chairman also gave a loose bottom line, and the difficulty of acquisition was much reduced.

How can this not make him happy?

Therefore, Ma Tengdong has made up his mind that he must seize this opportunity and acquire Risheng.

Later, Xia Yu left and took Li Qian and others to the central district of Tokyo. Of course, he did not go to Wang Qi and others, but to the temporary station of the Galaxy Fund in Tokyo.

...

Because the four teams of the Galaxy Fund are making every effort to enter the foreign exchange market of the island country, in addition to leaving some staff responsible for collecting information on the international crude oil and London gold markets, Liu Xiao and other eight team leaders brought people to Tokyo.

When Xia Yu arrived at the place, he was greeted warmly by Liu Xiao and others.

Without much greetings, Xia Yu went directly to the subject, understanding the financial market situation of the island country and the actual work progress of Liu Xiao and others.

The current Tokyo foreign exchange market has not become a truly international financial market like the London and New York foreign exchange markets, but a regional foreign exchange market.

This is because the island country is a country with a large proportion of export trade in the national economy, and foreign exchange fluctuations have a huge impact on the entire national economy. If foreign exchange is in short supply, it will cause the foreign exchange rate to rise, the yen exchange rate to fall, and domestic prices follow The danger of rising.

In order to prevent exchange rate fluctuations, island governments have to take certain measures to intervene in the market. This is the balance management in the foreign exchange market of island countries.

Due to various restrictions and market capacity reasons, the Tokyo foreign exchange market has relatively simple trading varieties, mainly USD/JPY and EUR/JPY.

Although there is a single category, it happens to have the USD/JPY variety that Xia Yu needs, and it is still the largest transaction at present. Because the island country’s exports are settled in USD, the USD/JPY transaction has reached more than 90%.

"Chairman, because of the problem of his own amount, in order to obtain as much capital as possible, now our No. 1 Fund has found four foreign exchange banks and used leverage ranging from 40 to 50 times. As of October 15, All entered the market, and the latest dollar and yen index is currently 226.856, with a floating profit of 134 million US dollars."

Liu Xiao, the group leader, replied first, despite his calm and calm personality, he couldn't help being excited when it came to this number.

Xia Yu heard this, although he expected it, but he also showed a smile.

He even regretted that he only used 40 to 50 times the leverage. If he used one hundred or two hundred times, it would be really cool!

But just think about it. The use of high leverage requires consideration of various factors, such as whether the market can accommodate it, whether the foreign exchange bank can withstand it, and whether the amount of funds can escape is too large.

Liu Xiao should have taken these into consideration before spreading 200 million Hong Kong dollars to the four banks, and the financial leverage is not fixed.

In fact, the foreign exchange market is very different from the stock market.

The stock market uses a leverage of ten times that is very high. If you want to use a leverage of a hundred times, it is as difficult as the sky and the risk is too great. Almost no banks dare to give it, especially when huge amounts of funds are involved.

After all, as long as the stock market fluctuates by 1%, investors will lose their money. Even if the bank's regulatory line is touched, it will be too late to force liquidation, and the bank will be miserable.

However, the foreign exchange market is different. In many cases, it fluctuates to the third decimal place, and high leverage must be used to amplify the income so that the income can be eye-catching.

The financial leverage of the foreign exchange market ranges from 20 times to 800 times. If it is the Internet era in the future, data fluctuations are easy to monitor, and the technical processing speed is faster. Many market makers dare to provide leverage of 100 to 500 times, and foreign exchange speculators dare to use it. .

But now this era is different. Generally, the default leverage is below 100 times, and for unfamiliar customers even below 50 times. If uukanshu.com involves a large amount of funds, there will be different adjustments.

After all, foreign exchange banks and institutions dare to provide such high financial leverage because the foreign exchange market is too big.

Just like in later generations, the daily trading volume of the global securities market is about 300 billion US dollars, and the daily foreign exchange trading volume is nearly 6 trillion US dollars.

Even though the Tokyo foreign exchange market is still only a regional market, it is also the largest foreign exchange market in Asia.

After Liu Xiao's report, No. 2 Fund Manager Xue He said in an interface: "Chairman, No. 2 Fund also found four foreign exchange banks and used leverage ranging from 40 to 50 times. The current floating profit is USD 98.3 million. "

"Chairman, our No. 3 Fund..."

"Chairman, our No. 4 Fund..."

Subsequently, No. 3 fund manager Song Yang and No. 4 fund manager Li De respectively made simple reports.

After thinking about it in Xia Yu's mind, the total floating profit of the four funds of the Galaxy Fund has reached 374 million US dollars.

Finance really deserves to be an explosive industry!

Of course, the most important thing is that Xia Yu knows the rare opportunity that has occurred in the foreign exchange market of the island country in the past few decades. If according to the normal period, under the premise of preserving the capital, it would be particularly awesome to earn 10 to 20 million US dollars in the same time!

It's like now, purely picking up money!

If you stop the operation now, exchange Japanese yen into US dollars and leave the market, you will get 374 million US dollars.

Considering that although the exchange rate of the Hong Kong dollar is fixed, Xia Yu can completely avoid the negative impact of the fluctuation of the US dollar and replace it with Hong Kong dollars to enhance his strength in Hong Kong.

But whether to change or not at that time, we still need to look at the actual situation.

After listening to the report, Xia Yu encouraged everyone, and then, accompanied by Liu Xiao, quickly understood the situation of the island country's financial industry.