"We are preparing for dinner, let's talk while walking." Sucheng was still quite curious about the two Morgans, especially Morgan Stanley, nicknamed Morgan Stanley, which has a lot of business in China and is an extremely smart and barbaric company.

They have huge funds and many talents, but they never stand on their own and pursue money forever without any concerns about politics and morality. If they accidentally show politics and morality, then there is no need to hesitate, it must be for money.

Whether it is China's socialist market economy, South Africa's ethnic national conditions, or India's caste national conditions, Morgan Stanley has adapted quickly and well. Compared with Goldman Sachs, which invested in pig farming in China, Morgan Stanley entered China's real estate industry without hesitation, and raised as much as US$4.5 billion, which was about RMB 40 billion that year. With the growth rate of China's property, it is much more cost-effective than raising pigs.

In addition, Morgan Stanley is also actively involved in the acquisition of China's non-performing assets. In 2003 alone, they took away 4 billion and 2.85 billion non-performing assets packages twice from China Construction Bank. 97 is a real estate asset. If you put it in a few years, the non-performing assets packages can overflow with a lot of profits.

What's even more amazing is that as an American company, Morgan has never been stingy with commercial bribery and insider transactions. American companies are not afraid of commercial bribery and insider transactions, but because the cost of commercial bribery and insider transactions is relatively high, which is beyond ordinary companies' ability to play.

The Peterson bribery in Morgan Stanley, which was once exposed by Time magazine, was replaced by an ordinary American company. Such a blow could destroy the company's foundation, but it was placed on Morgan Stanley, as if nothing had happened. The so-called foundation and strength are exactly like this.

Such an American investment bank that does not accept rules is welcomed by foreigners like Sucheng, and his expression is much more enthusiastic than usual.

The trader at Morgan Stanley asked in surprise, "Are you going out for a meal now?"

"Can't you eat?" Su Cheng looked at Qi Xiao, thinking that there were some special rules.

The other party pointed at the big screen and said, "It's an important time now. If Chairman Sucheng doesn't command it, is it OK?"

"Oh, I'm not involved in the operation directly...Mr. Jones." Sucheng looked at the sign on his chest.

"Just call me Qiong." Morgan Stanley trader beats the snake and looks familiar with the stick, and smiles: "Chairman Sucheng has no financial background, but can do it..."

"What cooperation do you want to talk to me about?" Su Cheng interrupted his compliment.

Jones followed closely in his footsteps and whispered, "Just say it here?"

"Then let's go to the car and say it."

While speaking, the futures exchange came out.

Su Cheng got into the car on his own, and Jones sorted out his ideas and asked: "I have an idea about Dahua Industrial's operations."

"oh."

"We guess that Dahua Industrial will end short selling soon."

"Why, Morgan Stanley doesn't believe that crude oil will return to the low price?" Su Cheng raised his head comfortably.

Jones smiled and said: "In the short term, maybe, supply increases, but in the long term, demand for crude oil increases is more than supply."

"Well, what do you want?"

Jones also wanted to discuss theoretical issues with Sucheng, which is also the best place for American investment bank traders. However, Sucheng was simple and straightforward, so he had to follow: "We hope that when Dahua Industrial is long, we can cooperate with Morgan Stanley."

"Pan Asia Fund." Sucheng corrected again.

Jones smiled bitterly and nodded: "Yes, Pan Asia Fund."

"Does Morgan Stanley want to cooperate with the Pan-Asian Fund?" Sucheng asked repeatedly.

Jones thought for a while and realized that Sucheng was talking about who was the leader. He hesitated and said: "Morgan Stanley has prepared 3 billion US dollars. If the Pan-Asian Fund invests more funds, Morgan Stanley will cooperate with Pan-Asian Fund."

Companies like this all pay great attention to risks. Morgan Stanley's 300 billion assets cannot be invested in one direction, especially pure speculation, with US$3 billion no longer absent.

The Pan Asia Fund naturally has more funds, but it is hard to say whether others are willing to follow after the short-selling state is over. After all, the seven oil production companies cannot completely ignore the government and repeatedly short and long, and the risks will naturally be exponential. On the other hand, the Pan Asia Fund can make money by shorting, which does not mean that it can make money even if it goes long. Especially when the funds are very large, the focus is not just about entering at the right time, but about exiting at the right time, nor is it about the more funds, the better.

Su Cheng said without any comment: "If there is such an opportunity, I will consider you. Well, when I'm at the place, what should I eat together?"

Jones turned his head and saw that it was a burger fast food restaurant. He couldn't help but touch his stomach and shook his head and said, "No, today is juice day."

"Then there is nothing to do." Su Cheng smiled and got out of the car to buy food.

Yang Jingshan took the car behind him and lined up behind Sucheng, laughing and said, "Dong Su just made so much, at least he should have a French meal to celebrate."

He read "French Feast" in Hong Kong Mandarin, which is quite fashionable.

Su Cheng touched the coin and smiled and said, "There is no time left. After eating, you have to go back as soon as possible."

"There are still big shows tonight?" Yang Jingshan's eyes twitched.

"It's still a while before the market closes, it's hard to say." Su Cheng smiled.

...

Back at the futures exchange, Sucheng focused on letting Qi Xiao look at the situation of American investment banks. He did not have much increase in funds, so he ignored it.

After all, the City of London is not the territory of Americans, and they will not invest too much here in order to concentrate their funds. As of now, whether it is short or long, the meaning of joining later is not very important.

More importantly, it is the question of how gentlemen who entered the venue can return with full load or leave with injury reduction.

"14.40, how about the power of multiple parties?" Su Cheng was in front of him with a dazzling electronic screen.

Qi Xiao said happily: "Suzukimo probably won't do it anymore, maybe it will still have a downward trend."

"Yes." Su Cheng looked silently for 20 minutes, and saw that the oil price reached 14.30, and then ordered: "Call Aliyev to see if he can send a message now."

Qi Xiao went there without hesitation.

Aliyev's family has $1 billion in the Pan-Asian fund. Although they do not have a director position, their profits are not a penny. As for the current oil price, he has earned at least $1 billion of $1 billion, which is comparable to Azerbaijan's treasury income in previous years.

With so much money, Aliyev really doesn't care about a few press conferences.

In fact, not only did he attend the press conference, he also tied up Saudi Arabia's oil minister and asked him to announce the global supply situation that OPEC learned.

OPEC has a traditional focus on and mastery of crude oil production, especially when they speak of production, the relationship between actual production and nominal production is very important.

In OPEC's report, the percentage of fulfilling responsibilities is often mentioned, which is actually the percentage of actual output relative to nominal output. For example, OPEC decided to reduce production by 1 million barrels, and Iran received 150,000 barrels, but actually only implemented 100,000 barrels, and Iraq received 200,000 barrels, which was only reduced by 100 barrels. When other countries fulfilled 100 responsibilities, OPEC's percentage of fulfilling responsibilities was only 85.

In most cases, except for Saudi Arabia who never mind reducing production, other countries always postpone their responsibilities for reducing production capacity, and always exceed their output when performing their production increase function.

100,000 barrels of crude oil are at least 1.5 million barrels of US dollars in revenue. Not to mention Arab countries that survive entirely on crude oil, throwing them to a certain department of the Chinese government does not mean that it can be reduced by reducing. They also have to be discounted and delayed.

However, unlike other incomes, crude oil income is very easy to detect. The first is its huge amount.

100,000 barrels are nothing in the futures market, and they are nothing in government reports. But in reality, this is the transportation volume of an oil tanker with a larger appearance than an aircraft carrier, which can be equipped with 2,000 car bags.

There are only a few ports that can park ships of more than 100,000 tons. Every day, a ship as big as an aircraft carrier is driven, and the intake of 2,000 fuel tankers is in good condition. How can you not know if you have a good record? The same is true for crude oil transportation pipelines. Send two engineers with similar IQ and technical level to know how much crude oil has passed through the oil pipeline. In the era when there was not enough pipelines, every ton of oil here was queued out, and it was difficult to conceal the problem of smuggling.

In addition, sales records or delivery records of the international crude oil market, and even the storage warehouses of oil-producing countries, are very easy to check.

It may be easy to hide 10 tons of gold, but it is too difficult to hide hundreds of thousands of tons of liquid crude oil.

Therefore, OPEC oil-producing countries that do not fulfill their responsibilities are actually hard-working. OPEC is not a centralized institution. Their regular verification is to some extent a kind of urgency.

Due to the characteristics of crude oil trading, OPEC monitors the world crude oil spot market, which accounts for about 8% of the world's crude oil futures exchanges, and can almost know the recent export crude oil output. As for the non-export crude oil output, they are actually not particularly concerned. For example, China's Shengli Oilfield and Daqing Oilfield, the crude oil sold is only under OPEC's considerations. It consumes itself in China, and OPEC does not want to take care of it.

The seven oil companies participating in the Pan Asia Fund are all international oil companies. Most of the oil fields under their names are used for export. Many of them are in OPEC countries. Their production capacity increases or decreases, and they must be registered with OPEC's permanent office.

For example, Dahua Industrial's Setan Oilfield must explain its output from time to time, otherwise the UAE will use the infrastructure it has mastered to block oil companies' exports.

For an oil field, if the oil pipeline is blocked and the tanker does not come, it will be useless no matter how much oil is produced.

In the face of turbulent oil prices, OPEC announced that the global supply situation it knew was normal. But this time, due to Aliyev's factor, Naimi was forced to attend an inappropriate press conference at an inappropriate time.

And when he said "global crude oil supply is excessive", oil prices fell.

"Closing the Internet cafe." Su Cheng's surface was calm, and the veins clenched in his fists were about to jump out.

The catch on this net was completely beyond his imagination.

Of course, it also exceeded the imagination of fish such as Sumitomo.
Chapter completed!