Chapter 183 Capital
It sounds simple, but it is another matter.
Chen Qiaoshan knew that it would be difficult to convince Wang Wei to accept his conditions.
The fundamental reason why Tunhe's stock price fell to this point is that the market has lost confidence. Even those who are optimistic about the situation dare not assert where the final low point of the stock price will fall.
In the eyes of others, it is a huge problem, but for Chen Qiaoshan, it is not a problem at all. He remembers it very clearly that Tunhe shares eventually fell to 1.58 cents per share, and never continued to fall.
Although Chen Qiaoshan knew it, it was impossible to use it as evidence. If you want to convince Wang Wei, you have to start from other aspects.
"Mr. Chen, although the current stock price seems to have bottomed out, no one can tell what the market will be. If you buy it now, the risk will probably be small." Wang Wei was delayed for a long time before giving an ambiguous answer.
Chen Qiaoshan was not disappointed either. Although the situation was not very optimistic, he did not refuse directly, so there was still room for talks.
He thought about it and then said, "Director Wang, there must be risks, but it is still worth a gamble. Anyone with a discerning eye can see that if Tunhe falls again, some people will be unhappy."
Wang Wei was stunned, but after a moment of thinking, he understood what Chen Qiaoshan meant.
Today's major commercial banks are the biggest creditors of Tunhe Co., Ltd. If Tunhe is really finished, they may not be able to afford this loss.
Naturally, banks will not interfere in business operations, but they can find the next buyer for the company. No matter who takes over Tunhe shares, it will not be worse than the current situation.
Thinking through the joints inside, Wang Wei couldn't help but smile and said, "Mr. Chen, I didn't realize that you are not old and your courage is extraordinary!"
Chen Qiaoshan couldn't help but feel a little ridiculous. He knew that the person in front of him was the backbone of the "limited-up suicide squad". Who dared to be braver than these people?
He smiled helplessly and said, "I just think you are praising me."
The atmosphere was a little relaxed, but the progress was still slow.
Chen Qiaoshan was a little anxious, but he also knew that things could not be solved by being anxious.
After a while, Wang Wei gave a truth, "The risk this time is too great. Tunhe Co., Ltd. may be trapped at any time. I can make a decision to agree to it one to three."
Chen Qiaoshan calculated in his mind and insisted: "One to five, I can sign a guarantee agreement."
Wang Wei was stunned at first, but immediately asked with a smile: "Are you serious?"
"Of course, take it seriously." Chen Qiaoshan confirmed.
The so-called bottom-up means that when the stock falls below the closing line or is trapped, the losses caused by Tianyi Securities will be fully compensated by Chen Qiaoshan.
In this way, all risks will be passed on to Chen Qiaoshan. If there is a problem in the future, Tianyi Securities will not have to bear any losses.
As we talk about this, we naturally get much faster to deal with it later.
After completing the procedures, Chen Qiaoshan added: "Since the agreement has been signed, I should make the decision on closing the position, right?"
Wang Wei looked at Chen Qiaoshan and was a little confused for a moment. He knew that Chen Qiaoshan had made a lot of money in Guotou Electric Power, but he was not sure about the other party's wealth.
Although the bottom-up agreement was signed, if you really pay the compensation, there must be a limit on the compensation amount.
Wang Wei said embarrassedly: "Isn't this appropriate?"
Chen Qiaoshan smiled and said, "Then let's make an agreement. Before the stock price falls to 1.5 yuan, Tianyi Securities cannot forcefully close its position. Do you think this is OK?"
"Then what price are you going to earn?"
Chen Qiaoshan hesitated for a while before giving an answer: "One piece of eight."
His words are a bit untrue. For Tunhe Co., Ltd. today, three million can buy more than 10,000 lots. If it pours into the market at the same time, it will be no problem to directly hit the daily limit, but it will be difficult to say in the future.
In just a short time, Wang Wei became concerned. It is acceptable that this range is above the closing line.
He smiled and said, "Then let it be."
After all the procedures were completed, the deposit was also deposited into Tianyi Securities' account. Seeing that the funds were allocated, Chen Qiaoshan took Sun Guangming away.
Fat Sun, who had just left the door of the stock exchange, couldn't help but complain: "Dashan, this is too loss. I haven't bought a penny in this stock, so I deducted 50,000 yuan of interest. If I lose money, we have to pay for it. Isn't this just a waste of money?"
Chen Qiaoshan smiled and said, "Why, don't you agree?"
"Of course I'm not convinced. The monthly interest rate is 2%, and the annualized rate is 24%. Isn't this a loan shark?"
Chen Qiaoshan said self-deprecatingly: "Who told us that we had no money?"
After pausing, he sighed, and then he added: "You have to remember that in the capital market, money is the biggest capital. Then again, if you want to survive in this industry, there are a few who have never borrowed usury."
"Isn't usury illegal?" Fatty Sun obviously couldn't accept it.
"Illegal?" Chen Qiaoshan couldn't help but smile, "It won't be illegal. Don't worry, securities companies have ways to figure out the name."
Sun Guangming was still a little worried and asked, "Dashan, with such a high interest rate, aren't we at a loss?"
Chen Qiaoshan said disdainfully: "This is wherever we go. This is the average level. Some interbank lending only requires posting. Do you know how much interest you need?"
Fatty Sun was indeed attracted by the attention and asked: "How many?"
"As far as I've seen, the highest is close to 3%, the lowest is more than 2000, and this is only one day's interest."
Fatty Sun was stunned. If it were converted to the annualization rate, it would be an unimaginable number. Chen Qiao did not feel strange at all. He would have been accustomed to it for a long time. Perhaps it would be difficult for ordinary people to understand, but this is the real capital world.
After a while, Sun Guangming came back from his shock and asked worriedly: "Dashan, we won't compensate, right?"
"Who knows, the stock market is a casino, and no one can tell who wins or loses." Chen Qiaoshan replied lightly.
Sun Guangming was silent for a while before speaking: "Or, you don't have to give me the dividend you mentioned last time."
"What's wrong, are you scared?" Chen Qiaoshan couldn't help but stare at Fatty Sun and asked.
Fatty Sun's face turned red in an instant, "Who is afraid? The main reason is that I didn't do anything last time, so I can't take your money in vain."
Chen Qiaoshan smiled and said, "Why didn't you do anything? Didn't you pay 7,000 yuan?"
Sun Guangming refuted: "But in the end you gave me more than 50,000. If I had known that I would have taken such a big risk, I would have only received 7,000 yuan at that time."
Chen Qiaoshan couldn't help but look at Fatty Sun with admiration. This guy is a little loyal, but he can't do this.
He said seriously: "Fatty, remember that capital is capital. Whether it is 7,000 or 70,000, the risks they bear are the same. Those who engage in finance are the return on capital. The investment will have output. Even if you only invest one cent, you will have corresponding returns. If you lose, you will have to bear the losses. This is the risk-return rate."
Sun Guangming thought about it and didn't say anything anymore. Chen Qiaoshan thought he had figured it out, but who knew that this guy muttered again: "Isn't that very unhuman?"
Chen Qiaoshan almost got angry and laughed. This guy’s brain circuit is really different from that of ordinary people.
"Tell me what kind of RMB in your pocket is humane and which one is not?"
Fatty Sun was choked, but he still looked dissatisfied.
Chen Qiaoshan had no choice but to say: "Fatty, if you want to develop in the financial world, it is not okay not to work hard. Every point you earn is lost by others. After taking other people's money, you still want to talk to others about favors. This principle doesn't make sense."
Sun Guangming still seemed to understand, and Chen Qiaoshan sighed. He knew that he could not blame others. He could not understand the taste without a bloody battle.
He was thinking, and Fatty Sun suddenly said, "By the way, you just said you have seen lending in the same industry, where did you see it?"
Chen Qiaoshan didn't pay attention, and he couldn't fall down. He finally stood firm and was still scared. He couldn't help but blame him, "I said fat, can we not breathe when we chat?"
Fatty Sun was happy and smiled and said, "I'm just strange. Where did you learn these things?"
After a long time, Chen Qiaoshan naturally became very skilled in dealing with other people's doubts. He said directly: "Where can you learn it? It's naturally in books."
...
The two left Tianyi Securities with a smile. Although it was winter, the sun was very strong today, and everything under the sun was bright. When they reached the intersection of the street, Chen Qiaoshan couldn't help but look back and looked at the buildings around him. He couldn't help but feel a little excited.
Chen Qiaoshan knew that the financial industry was the heart of a modern country.
This is Yanjing Financial Street, the place with the highest capital and technology intensiveness in China.
Some people say that Pudong is the heart of the national financial industry, but Chen Qiaoshan believes that this is the well-deserved lifeline of the country.
Looking at the surrounding steel-cast city, Chen Qiaoshan couldn't help but feel a lot of expectations.
Chapter completed!