Chapter 1162
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On this occasion, if everyone can sit in a circle, it represents a certain consensus, or even a tacit understanding.
As a landlord, Sir Gao made a casual gesture and said easily, "If you have any topic you want to discuss, even if you openly and frankly throw it out, it will be completely resolved on the spot. I dare not promise, but I can do it without avoiding it."
This opening remark fully reflects Gao Xian's self-confidence and calmness, and this calmness stems from his precise insight into the changes in the global capital arena and his ingenious grasp of human affairs accidents in the circle.
If I have to give a specific example to illustrate, it is still inseparable from the Black Monday global stock market crash that has passed for more than a year.
In this period, financial derivatives have become popular. Among them, Morgan Stanley's arbitrage on stock indexes, that is, computer-controlled, uses the spread between New York stock prices and Chicago stock index futures to make money. Heavy bet.
According to rumors circulating in the circle, Morgan Stanley built a secret computer room for this purpose, housing an algorithmic system, stared at by fifty traders and analysts, looking for arbitrage opportunities, the information on the screen, It is so complicated that it even requires three-dimensional glasses to be used.
According to public information, driven by the urge for profit, before the global stock market crash on Black Monday, Morgan Stanley bought one billion US dollars of Chicago stock index futures. No loss on the surface like Gao Yi can be transformed into catch-up progress.
Losing a billion dollars, what is the concept?
Look at the "old script" in the 1990s, two world-renowned financial institutions - Barings Bank and Bank of America, both collapsed because of a loss of more than one billion US dollars, even if they encountered a willing takeover, It seems to have survived, but under the same name, the kernel has long changed.
And Morgan Stanley is, after all, the "big Morgan", mobilizing funds immediately, filling the pits as needed, and survived the Black Monday global stock market disaster without a hitch.
However, although the global stock market crash on Black Monday did not cause a great recession like the Wall Street crash in 1929, the United States began to have a lot of opinions on computer-controlled stock index arbitrage activities, such as causing stock market volatility and so on. Investment banks are on the verge of dipping their toes in this area, waiting for the limelight to pass before making a comeback.
Morgan Stanley is no exception, but it is not really idle, and instead increased its sales efforts in the book. To put it bluntly, it went to the market outside the United States to find leeks. As for the result, it is naturally "satisfied". !
The Hong Kong International Financial Center led by Sir Gao does not need to be deceived by other people who are pretentious. Based on the most simple logic, in the way that is most conducive to its own long-term development, it actively meets the real general trend, like the ubiquitous computer technology. Application, that can't be avoided, there are many fluctuation factors, how can you give up eating because of choking? You are lingering in place for a while, and we are just steadily catching up. Morgan Stanley is willing to come to play and welcome it warmly, but it cannot make waves to overturn the ship of the Hong Kong International Financial Center.
I briefly talked about a little bit of pattern changes in the global capital arena, and then mentioned the human accident in the circle.
For example, before the global stock market crash on Black Monday last year, the privatization of BP took the final step. The British government sold the last 31% of BP's shares held, and the business was handed over to Four underwriters - Morgan Stanley, Goldman Sachs, Goldman U.S.-Lehman, Solomon Brothers.
Traditional stock underwriting like this is a fairly good source of stable income in normal times, but when the global stock market crash broke out on Black Monday, it became a hot potato, and the market was no longer able to absorb more than 100 billion US dollars in a short period of time. The shares of BP lost $350 million in the blink of an eye.
Gao Yi has long been prepared, the Kuwait Investment Authority can take over the offer, and the other three investment banks will follow suit, and the Bank of England is willing to repurchase the shares of BP, this potential disaster will disappear.
This is all human affection on the rivers and lakes!
As for the Kuwait Investment Authority being banned from acquiring BP by crossing the river and demolishing the bridge, it increasingly shows the entanglement of human feelings on the rivers and lakes, and there will be more room for operation at that time, and it will not be wasted at all.
Therefore, Sir Gao, who completely controls the Gao Yi family behind the scenes and leads the Heung Kong International Financial Center on the bright side, is qualified to set this position and say such things!
The atmosphere at the scene changed from the topic of Richard Fisher, CEO of Morgan Stanley, to a market book, and it began to become particularly "interesting". "In recent years, whether Sir Gao's identity is a business leader, It is still a public office, and your investment vision is admirable, so what do you think of the current stock market?"
"It's hot, and it's still heating up." Sir Gao stirred the coffee in front of him a few times and analyzed it slowly, "For example, I noticed that this year, a new accounting standard has just passed, and banks can put stock Appreciation is included in the bank's profit. I think the side effects of this kind of guidance to the bank cannot be ignored. After all, stocks and real estate are still somewhat different in nature..."
Richard Fisher raised his brows, "I'm a little curious. Sir Gao's observation of the capital market is more central bank governors or investment bankers?"
"Only if it is about the Hong Kong International Financial Center, the central bank governors who I think about will dominate." Sir Gao replied leisurely, "Take a stock market as an example, because the effect of the Hong Kong Yen Offshore Financial Center is very good. Because it is remarkable, I hope that the power of the shock spillover will not hurt the foundation of the Hong Kong International Financial Center."
"Blindly being selfless will inevitably appear pale and powerless." Richard Fisher laughed playfully, "Don't Sir High have no selfishness at all?"
"I won't deny it." Gao Xian mentioned Gaoyi without evasion as he said before, "The degree of competition in the capital market is evident from the fact that Morgan Stanley seeks development by constantly breaking through itself. already."
When Gao Xian said this, several people who were not members of the Morgan consortium couldn't help showing a knowing smile. Indeed, Morgan Stanley has "breakthrough itself" in recent years.
Sir Gao continued to speak without realizing it: "What I am looking for for Gao Yi is to be rooted in an international financial center with a bright future, and to have a leadership position in this international financial center, to become something of Wall Street and the Asian market. traffic bridge."
"I can make it clear that in Hong Kong, High Yield will not exclude American capital like the earlier Hong Kong British capital, just as Gao Yi received equal treatment in the US market."
Richard Fisher thought for a while, "In this way, the common interests of everyone far outweigh the differences."
"There are far more common interests than differences." Jazz Ko said, "We work together to maintain the platform of the Hong Kong International Financial Center, which is an indispensable part of your company's ability to share the dividends of the booming emerging markets in Asia in the future. !"
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On this occasion, if everyone can sit in a circle, it represents a certain consensus, or even a tacit understanding.
As a landlord, Sir Gao made a casual gesture and said easily, "If you have any topic you want to discuss, even if you openly and frankly throw it out, it will be completely resolved on the spot. I dare not promise, but I can do it without avoiding it."
This opening remark fully reflects Gao Xian's self-confidence and calmness, and this calmness stems from his precise insight into the changes in the global capital arena and his ingenious grasp of human affairs accidents in the circle.
If I have to give a specific example to illustrate, it is still inseparable from the Black Monday global stock market crash that has passed for more than a year.
In this period, financial derivatives have become popular. Among them, Morgan Stanley's arbitrage on stock indexes, that is, computer-controlled, uses the spread between New York stock prices and Chicago stock index futures to make money. Heavy bet.
According to rumors circulating in the circle, Morgan Stanley built a secret computer room for this purpose, housing an algorithmic system, stared at by fifty traders and analysts, looking for arbitrage opportunities, the information on the screen, It is so complicated that it even requires three-dimensional glasses to be used.
According to public information, driven by the urge for profit, before the global stock market crash on Black Monday, Morgan Stanley bought one billion US dollars of Chicago stock index futures. No loss on the surface like Gao Yi can be transformed into catch-up progress.
Losing a billion dollars, what is the concept?
Look at the "old script" in the 1990s, two world-renowned financial institutions - Barings Bank and Bank of America, both collapsed because of a loss of more than one billion US dollars, even if they encountered a willing takeover, It seems to have survived, but under the same name, the kernel has long changed.
And Morgan Stanley is, after all, the "big Morgan", mobilizing funds immediately, filling the pits as needed, and survived the Black Monday global stock market disaster without a hitch.
However, although the global stock market crash on Black Monday did not cause a great recession like the Wall Street crash in 1929, the United States began to have a lot of opinions on computer-controlled stock index arbitrage activities, such as causing stock market volatility and so on. Investment banks are on the verge of dipping their toes in this area, waiting for the limelight to pass before making a comeback.
Morgan Stanley is no exception, but it is not really idle, and instead increased its sales efforts in the book. To put it bluntly, it went to the market outside the United States to find leeks. As for the result, it is naturally "satisfied". !
The Hong Kong International Financial Center led by Sir Gao does not need to be deceived by other people who are pretentious. Based on the most simple logic, in the way that is most conducive to its own long-term development, it actively meets the real general trend, like the ubiquitous computer technology. Application, that can't be avoided, there are many fluctuation factors, how can you give up eating because of choking? You are lingering in place for a while, and we are just steadily catching up. Morgan Stanley is willing to come to play and welcome it warmly, but it cannot make waves to overturn the ship of the Hong Kong International Financial Center.
I briefly talked about a little bit of pattern changes in the global capital arena, and then mentioned the human accident in the circle.
For example, before the global stock market crash on Black Monday last year, the privatization of BP took the final step. The British government sold the last 31% of BP's shares held, and the business was handed over to Four underwriters - Morgan Stanley, Goldman Sachs, Goldman U.S.-Lehman, Solomon Brothers.
Traditional stock underwriting like this is a fairly good source of stable income in normal times, but when the global stock market crash broke out on Black Monday, it became a hot potato, and the market was no longer able to absorb more than 100 billion US dollars in a short period of time. The shares of BP lost $350 million in the blink of an eye.
Gao Yi has long been prepared, the Kuwait Investment Authority can take over the offer, and the other three investment banks will follow suit, and the Bank of England is willing to repurchase the shares of BP, this potential disaster will disappear.
This is all human affection on the rivers and lakes!
As for the Kuwait Investment Authority being banned from acquiring BP by crossing the river and demolishing the bridge, it increasingly shows the entanglement of human feelings on the rivers and lakes, and there will be more room for operation at that time, and it will not be wasted at all.
Therefore, Sir Gao, who completely controls the Gao Yi family behind the scenes and leads the Heung Kong International Financial Center on the bright side, is qualified to set this position and say such things!
The atmosphere at the scene changed from the topic of Richard Fisher, CEO of Morgan Stanley, to a market book, and it began to become particularly "interesting". "In recent years, whether Sir Gao's identity is a business leader, It is still a public office, and your investment vision is admirable, so what do you think of the current stock market?"
"It's hot, and it's still heating up." Sir Gao stirred the coffee in front of him a few times and analyzed it slowly, "For example, I noticed that this year, a new accounting standard has just passed, and banks can put stock Appreciation is included in the bank's profit. I think the side effects of this kind of guidance to the bank cannot be ignored. After all, stocks and real estate are still somewhat different in nature..."
Richard Fisher raised his brows, "I'm a little curious. Sir Gao's observation of the capital market is more central bank governors or investment bankers?"
"Only if it is about the Hong Kong International Financial Center, the central bank governors who I think about will dominate." Sir Gao replied leisurely, "Take a stock market as an example, because the effect of the Hong Kong Yen Offshore Financial Center is very good. Because it is remarkable, I hope that the power of the shock spillover will not hurt the foundation of the Hong Kong International Financial Center."
"Blindly being selfless will inevitably appear pale and powerless." Richard Fisher laughed playfully, "Don't Sir High have no selfishness at all?"
"I won't deny it." Gao Xian mentioned Gaoyi without evasion as he said before, "The degree of competition in the capital market is evident from the fact that Morgan Stanley seeks development by constantly breaking through itself. already."
When Gao Xian said this, several people who were not members of the Morgan consortium couldn't help showing a knowing smile. Indeed, Morgan Stanley has "breakthrough itself" in recent years.
Sir Gao continued to speak without realizing it: "What I am looking for for Gao Yi is to be rooted in an international financial center with a bright future, and to have a leadership position in this international financial center, to become something of Wall Street and the Asian market. traffic bridge."
"I can make it clear that in Hong Kong, High Yield will not exclude American capital like the earlier Hong Kong British capital, just as Gao Yi received equal treatment in the US market."
Richard Fisher thought for a while, "In this way, the common interests of everyone far outweigh the differences."
"There are far more common interests than differences." Jazz Ko said, "We work together to maintain the platform of the Hong Kong International Financial Center, which is an indispensable part of your company's ability to share the dividends of the booming emerging markets in Asia in the future. !"
On this occasion, if everyone can sit in a circle, it represents a certain consensus, or even a tacit understanding. As a landlord, Sir Gao made a casual gesture and said easily, "If you have any topic you want to discuss, even if you openly and frankly throw it out, it will be completely resolved on the spot. I dare not promise, but I can do it without avoiding it." This opening remark fully reflects Gao Xian's self-confidence and calmness, and this calmness stems from his precise insight into the changes in the global capital arena and his ingenious grasp of human affairs accidents in the circle. If I have to give a specific example to illustrate, it is still inseparable from the Black Monday global stock market crash that has passed for more than a year. In this period, financial derivatives have become popular. Among them, Morgan Stanley's arbitrage on stock indexes, that is, computer-controlled, uses the spread between New York stock prices and Chicago stock index futures to make money. Heavy bet. According to rumors circulating in the circle, Morgan Stanley built a secret computer room for this purpose, housing an algorithmic system, stared at by fifty traders and analysts, looking for arbitrage opportunities, the information on the screen, It is so complicated that it even requires three-dimensional glasses to be used. According to public information, driven by the urge for profit, before the global stock market crash on Black Monday, Morgan Stanley bought one billion US dollars of Chicago stock index futures. No loss on the surface like Gao Yi can be transformed into catch-up progress. Losing a billion dollars, what is the concept? Look at the "old script" in the 1990s, two world-renowned financial institutions - Barings Bank and Bank of America, both collapsed because of a loss of more than one billion US dollars, even if they encountered a willing takeover, It seems to have survived, but under the same name, the kernel has long changed. And Morgan Stanley is, after all, the "big Morgan", mobilizing funds immediately, filling the pits as needed, and survived the Black Monday global stock market disaster without a hitch. However, although the global stock market crash on Black Monday did not cause a great recession like the Wall Street crash in 1929, the United States began to have a lot of opinions on computer-controlled stock index arbitrage activities, such as causing stock market volatility and so on. Investment banks are on the verge of dipping their toes in this area, waiting for the limelight to pass before making a comeback. Morgan Stanley is no exception, but it is not really idle, and instead increased its sales efforts in the book. To put it bluntly, it went to the market outside the United States to find leeks. As for the result, it is naturally "satisfied". ! The Hong Kong International Financial Center led by Sir Gao does not need to be deceived by other people who are pretentious. Based on the most simple logic, in the way that is most conducive to its own long-term development, it actively meets the real general trend, like the ubiquitous computer technology. Application, that can't be avoided, there are many fluctuation factors, how can you give up eating because of choking? You are lingering in place for a while, and we are just steadily catching up. Morgan Stanley is willing to come to play and welcome it warmly, but it cannot make waves to overturn the ship of the Hong Kong International Financial Center. I briefly talked about a little bit of pattern changes in the global capital arena, and then mentioned the human accident in the circle. For example, before the global stock market crash on Black Monday last year, the privatization of BP took the final step. The British government sold the last 31% of BP's shares held, and the business was handed over to Four underwriters - Morgan Stanley, Goldman Sachs, Goldman U.S.-Lehman, Solomon Brothers. Traditional stock underwriting like this is a fairly good source of stable income in normal times, but when the global stock market crash broke out on Black Monday, it became a hot potato, and the market was no longer able to absorb more than 100 billion US dollars in a short period of time. The shares of BP lost $350 million in the blink of an eye. Gao Yi has long been prepared, the Kuwait Investment Authority can take over the offer, and the other three investment banks will follow suit, and the Bank of England is willing to repurchase the shares of BP, this potential disaster will disappear. This is all human affection on the rivers and lakes! As for the Kuwait Investment Authority being banned from acquiring BP by crossing the river and demolishing the bridge, it increasingly shows the entanglement of human feelings on the rivers and lakes, and there will be more room for operation at that time, and it will not be wasted at all. Therefore, Sir Gao, who completely controls the Gao Yi family behind the scenes and leads the Heung Kong International Financial Center on the bright side, is qualified to set this position and say such things! The atmosphere at the scene changed from the topic of Richard Fisher, CEO of Morgan Stanley, to a market book, and it began to become particularly "interesting". "In recent years, whether Sir Gao's identity is a business leader, It is still a public office, and your investment vision is admirable, so what do you think of the current stock market?" "It's hot, and it's still heating up." Sir Gao stirred the coffee in front of him a few times and analyzed it slowly, "For example, I noticed that this year, a new accounting standard has just passed, and banks can put stock Appreciation is included in the bank's profit. I think the side effects of this kind of guidance to the bank cannot be ignored. After all, stocks and real estate are still somewhat different in nature..." Richard Fisher raised his brows, "I'm a little curious. Sir Gao's observation of the capital market is more central bank governors or investment bankers?" "Only if it is about the Hong Kong International Financial Center, the central bank governors who I think about will dominate." Sir Gao replied leisurely, "Take a stock market as an example, because the effect of the Hong Kong Yen Offshore Financial Center is very good. Because it is remarkable, I hope that the power of the shock spillover will not hurt the foundation of the Hong Kong International Financial Center." "Blindly being selfless will inevitably appear pale and powerless." Richard Fisher laughed playfully, "Don't Sir High have no selfishness at all?" "I won't deny it." Gao Xian mentioned Gaoyi without evasion as he said before, "The degree of competition in the capital market is evident from the fact that Morgan Stanley seeks development by constantly breaking through itself. already." When Gao Xian said this, several people who were not members of the Morgan consortium couldn't help showing a knowing smile. Indeed, Morgan Stanley has "breakthrough itself" in recent years. Sir Gao continued to speak without realizing it: "What I am looking for for Gao Yi is to be rooted in an international financial center with a bright future, and to have a leadership position in this international financial center, to become something of Wall Street and the Asian market. traffic bridge." "I can make it clear that in Hong Kong, High Yield will not exclude American capital like the earlier Hong Kong British capital, just as Gao Yi received equal treatment in the US market." Richard Fisher thought for a while, "In this way, the common interests of everyone far outweigh the differences." "There are far more common interests than differences." Jazz Ko said, "We work together to maintain the platform of the Hong Kong International Financial Center, which is an indispensable part of your company's ability to share the dividends of the booming emerging markets in Asia in the future. !"
