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Chapter 421 China Association

No. 1 Admiralty Garden Road, Bank of China Building.

At 6 o'clock, Chen Qiaoshan arrived on time, and tonight's cocktail party was held at the China Conference on the 14th floor.

This is a very retro Chinese-style membership restaurant located in the old Bank of China building next to HSBC Building. It is in an excellent location, located in the center of Central.

Just in the afternoon, Chen Qiaoshan received the official invitation to the dinner, which was a thank-you party.

Of course, the protagonist is definitely not him. This is a financing and thank-you dinner. Chen Qiaoshan finally learned about Yu Xiaowan's family background. Her father is the owner of a furniture company that mainly engages in export business. The market is mainly concentrated in Europe and North America. No wonder he has no reputation in China.

"Chan, I discovered another advantage of you, very punctual!"

As soon as Chen Qiaoshan walked into the lobby of the Bank of China Building, he was blocked by James. The guy came over very enthusiastically.

Chen Qiaoshan glanced at him and saw no one else around. The guy was obviously coming for him. He couldn't help but smile and asked, "Are you waiting for me?"

"That's right." James smiled, "You haven't left the company yet, and you're still a formal employee of PWM. We should be together."

Chen Qiaoshan couldn't help but smile. He knew James' true intentions. Yu Xiaowan's matter was a problem. Fortunately, she was in danger. "Don't worry, James, as long as you haven't resigned for a day, you will be my boss."

The two looked at each other and couldn't help but laugh.

After a pause, James said seriously: "Chen, Elliot asked me about your situation privately. Although I don't know what you are talking about, I want to say that he is a trustworthy private financial consultant."

Chen Qiaoshan nodded. At this stage, Elliott is just a financial broker and is doing the work of an economic man.

Even if the other party is suspicious and the market becomes clear, everything will be revealed, there is no need to do more useless work.

The crude oil futures market either rises or falls. No one dares to guarantee what will happen in the next second. After all, black swans and gray rhinos are never avoided.

...

China will be a obviously Westernized Chinese restaurant. It occupies three floors of the Bank of China Building in Hong Kong Island and has an independent direct elevator.

This is the first time Chen Qiaoshan has come into contact with high-end clubs. He has visited private clubs in his previous life, but they are all very vulgar buildings and halls. Such a rather retro Chinese restaurant gives him a very fresh feeling.

The cocktail party was held on the 14th floor. When you enter the restaurant, you will feel the atmosphere of old Shanghai, such as ceiling fans, mahogany round tables, and various oil paintings and Chinese paintings on the walls. Chen Qiaoshan feels like visiting the former residence of a celebrity.

James explained with a smile: "Chen, this is Sir Deng Yongqiang's industry. Everything in the China Association is, except for the service staff, the rest are antiques."

Chen Qiaoshan knew this person because Dr. Deng had an extraordinary background and a banker. His grandfather founded the Kowloon Bus Company and once controlled the public transportation rights of the Kowloon Peninsula.

As a standard four generation rich, Dr. Deng’s life is also a legend.

He was the first Hong Konger to teach at Peking University, and was also a successful businessman, Doctor of Philosophy and a famous collector.

Marrying the Miss Hong Kong as his wife, he was awarded the title of director and consultant of famous financial structures such as Lord and Blackstone, and the director of Prince Charles' Foundation in China... As the Chinese with the most extensive connections in the UK, Dr. Deng's influence can be imagined.

Chen Qiaoshan had heard of the title of the China Association a long time ago. The China Association in Yanjing is known as one of the four major clubs in Beijing. He was a giant family in the world. The common people were unable to enter the country. After a long time, it turned out to be a chain restaurant. Of course, he could only make a few jokes secretly.

"James, are you a member here?" Chen Qiaoshan was also a little curious about what qualifications he needed to become a member.

James shook his head, "If I could become Goldman Sachs MD, I might have a chance to get membership."

Chen Qiaoshan shook his head. No matter where, the class will always exist. The more developed the financial industry is, the more serious the class solidification is. It is so difficult to squeeze into this circle.

"Chan, with your background, you may be able to get membership."

This is the first time James has tried, and Chen Qiaoshan is also helpless. He is about to leave anyway. Sooner or later, the truth will be revealed. It is better to explain it clearly. "James, I think you have misunderstood. I am not from a wealthy family and have no prominent background at all."

James obviously disagreed. He glanced at Chen Qiaoshan. Although he was dressed in a formal manner, he was just a young man who had just turned 21 years old. Standing among a group of middle-aged people in suits and ties, he was still quite conspicuous.

James signaled to a group of people who were surrounding the main home not far away, "Chen, those are Goldman Sachs IBD, I know a few of them, two MDs and three EDs. I bet that when they are the same age as you, they will definitely not be able to afford two million US dollars."

After a pause, he added: "Even Bill Gates doesn't have your net worth when he was twenty-one."

Chen Qiaoshan lost his temper and said this, but he was no longer in the mood to explain.

The cocktail party had not officially started, and the two of them were not convenient to walk around. Chen Qiaoshan suddenly remembered something, looked around, and saw that no one was paying attention to this place, he asked in a low voice: "James, in 2001, was the Greek currency swap agreement done by Goldman Sachs?"

"Of course, you may not know that Goldman Sachs earned 300 million US dollars based on this consultant fee alone. It was with our help that Greece was able to successfully become a member of the EU." James seemed very excited when talking about this topic.

"Making money is just a trivial matter, do you know, Chen, the transaction also set a record. A Greek employee in the European branch was promoted to Goldman Sachs partner in just four years..."

James was not hesitant to praise the public enemy of Europe in the future.

Chen Qiaoshan had a very ridiculous feeling in his heart. Who would have thought that today's heroes would become sinners in the future, but this is reality and the norm in the financial industry.

Goldman Sachs is known as a bubble manufacturing machine. From 1929 to every financial crisis, Goldman Sachs played an important role. From several oil crises and the Internet bubble, Goldman Sachs dominated almost every market operation behind all the Great Depression.

The CEO of Goldman Sachs uploaded a photo with the CEO of a listed company, which made the stock price soar and became global news. It has to be said that the capital market is irrational.

Chen Qiaoshan knew that Goldman Sachs made more than 300 million US dollars in financial innovation tailored for Greece, and the twists and turns in the middle were not that simple.

Goldman Sachs guaranteed to raise $11 billion, of which 1 billion was hidden and perfectly settled the accounts, allowing Greece to successfully enter Europe and make a fortune from it.

Goldman Sachs is well aware of the reality of Greece's financial difficulties, and they even know the risks better than the Greek government.

The crisis is just covered up, and sooner or later it will break out.

In order to pass on the risk, Goldman Sachs purchased a 20-year credit default swap insurance from German banks.

It means that if the Greek government cannot repay the debt, Germany, the EU leader, has to compensate Goldman Sachs for the losses.

This is not the end, doing so only diverts the risk.

Goldman Sachs knows that Greece will definitely be over. Goldman Sachs' funds are actively shorting Greek mortgage bonds and are also acquiring cheap credit swap bonds, which also lays the foundation for making huge profits in the future.

There is a very vivid metaphor in the financial industry. If Greece is a house, then Goldman Sachs provides loans for building a house and buys insurance from the EU for the landlord. Of course, the beneficiary must be Goldman Sachs itself, and eventually sets a fire.

The Greek house is gone and he still has a lot of debts and can only go bankrupt. All European countries have to make a claim together, and Goldman Sachs is making a lot of money inside and outside.

In the European debt crisis, Goldman Sachs made a big profit, but it was not only Germany that lost.

Before the crisis broke out, the European Central Bank guaranteed Greece many times. Portugal, Spain and France were also holders of Greek government bonds, and Italy was not spared...

Chen Qiaoshan naturally had no interest in interfering with the dog biting, and he didn't have the ability to interfere in, but it was still okay to take some tricks.

Just like the financial report loophole of Southern Securities, there are problems with Greece's entry into Europe, and the problem will be exposed soon. There is no need to wait until 5 years later, and the EU Statistics Office will announce the relevant situation at the end of the latest year.

Chen Qiaoshan stared at James and asked, "Do you know where to find out the information about that transaction?"

"What are you doing for this?" James was a little surprised. He glanced around and whispered: "Chen, this is not our department's business. Inquiring about these privately is a violation of the employee code of conduct."

Chen Qiaoshan said: "I am just interested in that currency swap agreement, just want to know about it."

James spread his hands, "The specific agreement must be a secret and cannot be made public."

Chen Qiaoshan was quite helpless. Although he had been mentally prepared for a long time, he was still a little disappointed and could only find a way out from other ways.

The two were chatting, and Chen Qiaoshan suddenly saw that Chen Guo also appeared at the cocktail party, and obviously found herself, so she was walking over.

As soon as he arrived, Chen Guo complained, "You are hiding here. I have been waiting for a long time and I thought you will not come!"

James glanced at the two of them and smiled, "Chen, you guys talk, I'll go over and say hello to a few friends." After that, he left alone.

Chen Qiaoshan was speechless, and he had only been with Chen Guo for less than a day, "Miss Chen, will I have something to do when I'm?"

Chen Guo was stunned for a moment, and then said angrily: "This name seems strange. You should call me my name. It's better to call me Guoguo. My friends call me that."

Chen Qiaoshan was a little surprised. The two seemed not that familiar, but he didn't have the heart to tell her about this, "Why are you here?"

"Why can't I come?" Chen Guo choked, then smiled and said, "The doctor doesn't let Xiaowan eat, so I feel so pitiful. I feel embarrassed to eat alone, so I have to beg Uncle Yu to bring me over."

Chen Qiaoshan smiled, "I still have the heart to shout hungry, Miss Yu should be fine, right?"

Chen Guo nodded happily, "It's okay."

"Thanks to you, the doctor said that Xiaowan's appendix may have a hole. Fortunately, she was sent to the hospital in time, otherwise she would be in danger of her life."

Chen Qiaoshan couldn't help laughing and crying. This girl's explanation of intestinal perforation was really simple and crude.

"By the way, Uncle Yu wants to see you, but he was still talking about you just now."

"Is that so? Let's go later." Chen Qiaoshan had already seen Yu Jingyuan.

Through James, he already knew that just a while ago, the boss raised 350 million yuan through Goldman Sachs, which was definitely a big deal.

You should know that many companies may not get so much money by IPOs these days. No wonder they are bullied by Goldman Sachs. Even if they owe a lot of debts, they still have capital. With such a large amount of funds, the annual interest rate is astronomical, and no one dares to borrow it.
Chapter completed!
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