Chapter 453 - 426 Dominating Donggang_1
Chapter 453 - 426 Dominating Donggang_1
Chapter 453: Chapter 426 Dominating Donggang_1
Looking at Nie Zhenbang wanting to refuse, Prime Minister Yun spoke gravely, “Zhenbang, you have to believe in yourself and the experts from the Financial Advisory Committee. This is our decision. Currently, Donggang’s finance is on the brink of extreme danger, there is no room for hesitation. I believe that even in the face of danger, you will be able to complete the task perfectly.”
After a pause, Prime Minister Yun extended two fingers, “To fully support you, this time, we are giving you two conditions. The first condition, Huaxia Exchange Company, State Treasury Department, Central Bank, have decided to activate the national foreign exchange reserves, a total of 300 billion US dollars. Second, all the financial experts in the country, including your teacher Professor Wang, or any other economic experts you want to select, you can choose immediately. I will coordinate other matters. So, believe in yourself, also trust in the vision of your mentors. For them, such a high level of economic competition is a great shock to their bodies and their mental strength. Considering various factors, you are indeed the right person.”
At this point, it was impossible for Nie Zhenbang to refuse. Although the capital of 300 billion seems a little less, Nie Zhenbang was not worried, Li Lixue had more than trillions in reserve funds. A lot has been invested all over the world in various sectors, but the liquid capital of four to five hundred billion is not a problem at all.
With that in mind, Nie Zhenbang nodded, “Alright, I promise to complete the task.”
Even though he said so, Nie Zhenbang was under a lot of pressure. Prime Minister Yun pressed him on the grounds of national interests, and he had to compromise and obey, but once he took up this matter, Nie Zhenbang knew this was not an easy journey. In his past life, the country won, but it was a miserable victory, almost a Pyrrhic victory.
Now, he was entrusted with great hopes and heavy responsibilities, but Nie Zhenbang was not sure whether he could win. After all, he didn’t participate in these matters in his previous life. Even if this has changed, it isn’t impossible to lose this financial gamble.
But if he lost, he would probably become a national sinner. By then, even though he would be protected by Elder Nan and his merits, he would be safe, but he wouldn’t have a future in officialdom. Now that he’s agreed, does it matter if he thinks it’s worth it? He couldn’t go back to the Prime Minister’s office and say that he regrets and doesn’t want to go anymore, obviously, that’s impossible.
“Director Zhang, this is the list of personnel I need. I will leave for Donggang tomorrow, and I hope that these people will arrive in Donggang within two days.” In Director Zhang’s office, Nie Zhenbang took out the list that he carefully selected.
In the office provided by Prime Minister Yun, there are profiles of renowned economists from all over the country, even professional operations personnel from securities companies. Anyone with a certain reputation in the financial field has a profile.
Looking at this list, Director Zhang was stunned, he looked at Nie Zhenbang, somewhat surprised, “Zhenbang, are you sure it’s these people, no adjustments or changes needed? Zhenbang, you need to think it over, these people are some young talents that have emerged in recent years. This is not a joke. It can even be called a war.”
Director Zhang’s surprise was completely within Nie Zhenbang’s expectation. The people he chose were all young with the eldest being only forty, the youngest even just twenty-five. However, this was deliberate, young people are fast learners, quick on their feet, and flexible in their thinking, all of which are advantages. As for experience, Nie Zhenbang didn’t care. This kind of financial war was a first time for everyone including the old experts and professors. Hence, it would be better to choose young people. The most important point was that young people were easy to manage. Nie Zhenbang didn’t want an eminent expert to question him at a crucial moment. Monetary wars could be even crueler than military wars, where opportunities can be lost in an instant. He wouldn’t regret it then, would he? Thus, Nie Zhenbang chose young scholars.
“Director Zhang, the old professors and experts have their strengths that we don’t need to discuss, the younger ones have their advantages, and the most important thing is obedience. This is war, and what I need are absolutely obedient people.” Nie Zhenbang said with a smile. He believed that with Zhang’s years of serving as an official, he didn’t need to make things overly clear.
Indeed, as soon as Zhang heard these words, he paused for a moment, and then nodded with a smile, “Alright, then we’ll go according to your list. I will arrange for people to call them immediately. Your credentials are all prepared. After you arrive at Donggang Airport, the Bank of Huaxia there will pick you up, in advance, I wish you a successful journey.”
Traveling alone, with just a suitcase of a few changes of clothes can be considered as travelling light. When he walked out of Donggang Airport, it was already early evening.
The night view of Donggang was indeed the most captivating. Like a glamorous lady, she had uncloaked her charming black veil, and the lighthouse of Victoria Harbour highlighted the prosperity of the metropolis.
“Hello, are you Mr. Nie Zhenbang?” The moment he stepped out of the airport, two young men greeted him.
No surprise crossed Nie Zhenbang’s face. The time of his flight and his arrival would have been arranged by the country. Even his photo and how he looked would have been known to these people.After all, he nodded, “Yes, I am. You must be staff from the Bank of Huaxia.”
One of the slightly thinner men nodded, “Yes, Mr. Nie, we are staff of Bank of Huaxia in Donggang. My name is Han Qi. This time, I will be serving you and your expert team as your exclusive service personnel. If you need anything in the future, please let me know.”
With that, Han Qi made a gesture of invitation, “Mr. Nie, this way please.”
An ordinary Dongying Linzhi car picked up Nie Zhenbang and drove straight out of the airport. In about forty minutes, it slowly entered the Zhong Yin Donggang Building.
Through the internal elevator channel for employees, they went straight up to the sixty-seventh floor of the Zhong Yin Donggang Building. As soon as they got out of the elevator, Han Qi introduced to Nie Zhenbang, “Mr. Nie, there are a total of sixty-five guest rooms here. This floor will be used exclusively for your use from now on.”
Looking at his room, it’s a suite with a bedroom and a matching living room. The living room serves as the reception room. The decoration is very classic and elegant, yet it reveals a solemn and majestic style.
“Mr. Han, don’t worry about the accommodation. I don’t have too many requirements, as long as I can live in it. Have you prepared the dedicated trading room? Let’s go and have a look now.” Nie Zhenbang attached great importance to trading, which was related to the success or failure of this time. He proposed to have a field visit as soon as possible.
Han Qi smiled and nodded, and he got a deeper impression of Nie Zhenbang’s pragmatic attitude. He said, “Sure, Mr. Nie, please follow me. The trading center is on the seventieth floor.”
The top floor of the Zhong Yin Donggang Building was the seventieth floor, which was originally called the “Sevenfold Hall”, a place for grand banquets. The hall had a big table that could seat 24 people, a number of sofas on both sides, a prep room, a storage room, and men’s and women’s restrooms on the south side. The entire floor was one large room with a high, sloping glass roof, grand in scale. This was also a masterpiece of the famous Huaxia architect Mr. Bei Luming.
However, at this moment, the entire floor had been completely cleared. In the spacious hall, office desks were arranged in four rows, each desk equipped with a brand-new computer. Two huge screens were installed on the wall for Nie Zhenbang and others to monitor the market.
Han Qi also introduced, “Mr. Nie, this was set up by a professional team we hired. All the computers are the latest professional IBM models, each costing five thousand US dollars. We also have the latest ADSL broadband to ensure high-speed internet access without any delay. In addition, the Eastern Harbor Securities Exchange and several large brokerages in Donggang will provide us with trading seats at any time.”
At this point, Han Qi led Nie Zhenbang into the neighboring prep room and restrooms to have a look. He continued, “Here, there is a comprehensive logistical system for everyone to use. Mr. Nie, is there anything else we need to prepare? If there is, feel free to mention it, and we will do our best to provide logistical services.”
As for logistics, Nie Zhenbang really had nothing more to say. The Donggang branch of Zhong Yin had done an excellent job. Nie Zhenbang was very satisfied and said, “Mr. Han, you are too kind. You’ve thought of everything. We have no questions on our side.”
After a pause, Nie Zhenbang smiled and said, “Mr. Han, there is one more question.”
This sentence caught Han Qi off guard. Nie Zhenbang had just said there were no questions, but now he had one. Understanding the misunderstanding, Nie Zhenbang explained with a smile, “Mr. Han, don’t misunderstand, it’s not a hardware issue. I was wondering, what stocks are there now in the London Harbor market?”
London Harbor stocks refer to Donggang stocks listed on the London Stock Exchange and quoted through the Automatic Quotation International System. All twenty-nine blue-chip stocks of Donggang are listed in London. Trades are transacted in a dealer market with an average of eight dealers making bid-offer spreads for each blue-chip stock.
Normally, London harbor stocks and Donggang blue-chip stocks don’t affect each other much. But when there is a sudden change in the external environment–or major news is released after the Donggang market closes, London Harbor stocks respond first, affecting the performance of the Donggang market on the following trading day. For example, if the Eastern Harbor Bank Union suddenly announces a rate cut after a Friday interest rate meeting, London Harbor stocks often skyrocket to reflect this good news. If other external factors remain stable, the Donggang stock market would generally open higher on the following Monday, following the London Harbor stocks.
Han Qi was a bit surprised. Generally speaking, London Harbor stocks don’t matter much, but Nie Zhenbang asked about them. Han Qi seriously replied, “Mr. Nie, there hasn’t been much change in Donggang’s blue-chip stocks over the years, it’s still the same companies.”
In order to win this battle, Nie Zhenbang must have a strategy in place. Simply operating in this market is obviously not enough. And London Harbor stocks are an indispensable link in his plan. If Soros and his people are trying to short Donggang, then he must be prepared.
Looking at Victoria Harbor in the distance through the glass curtain wall, from a height of over three hundred meters, there was a feeling of looking down at the city, it was like ruling the world.
Taking a deep breath, Nie Zhenbang said again, “Mr. Han, if possible, can you please arrange a meeting with Donggang’s richest man, Mr. Li Chao for me?” (