Rebirth of the Strongest Tycoon

After Wang Qi finished speaking, Xia Yu looked at Zhao Zhiyuan, and when he saw his approval, Xia Yu nodded secretly.

He looked at Wang Qi again and said: "Wang Qi, the trading system and management rules must be changed. Let me talk about your views on trading commodities. If you were the chairman of the futures exchange, what would you do?"

"Don't have psychological pressure, just talk freely."

Xia Yu’s question is crucial.

Suddenly letting Wang Qi express his opinions did put him under tremendous psychological pressure.

Fortunately, Xia Yu's attitude was kind and casual, which reduced Wang Qi's psychological burden.

Wang Qi also knew what Xia Yu was. Now that the chairman said so, he settled down and pondered quietly.

Xia Yu smiled and then whispered to Zhao Zhiyuan: "Zhiyuan, you also think about it, from which direction our exchange can rebuild the market and let the exchange rise again."

"Good boss."

Zhao Zhiyuan responded in a low voice and fell into thinking.

While the two were thinking, Xia Yu took a notebook and a pen from the desktop, combined with his own experience and memory, and began to write intermittently.

For a long time, Wang Qi's voice sounded, interrupting Xia Yu's thinking.

"Boss, I have some ideas."

Xia Yu put down the pen, nodded slightly to Wang Qi, smiled lightly and said, "Tell me."

Wang Qi took a deep breath and said: "Chairman, there are actually two types of futures on the Xiangjiang Commodity Exchange, namely agricultural futures and metal futures."

"There are only four types of agricultural product futures: raw sugar, cotton, soybeans, and corn. The turnover is low. The market in Xiangjiang is small and cannot accommodate large-scale capital entry. This kind of futures is suitable for later use as icing on the cake and is not suitable as a pillar. "

"The market capacity of gold futures in metal futures is sufficient, but the key is that it is not suitable for Xiangjiang's current situation. Hong Kong is itself a gold and silver trading market. There are many banks and gold dealers, and there is great pressure from competition. In the competition in the local London gold market, many HeungKong companies sell London gold futures on commission."

"HeungKong's own gold and silver exchanges and the local London gold market both allow delayed delivery and already have the characteristics and functions of the gold futures market. Therefore, our gold futures cannot be irreplaceable and difficult to compete."

"Silver futures will not say much, the market has been sluggish."

"After analysis, the Xiangjiang Commodity Exchange does not have a pillar-type futures contract, which is the most deadly."

"In my opinion, pillar-type futures contracts need to have two characteristics, one is to have a large capital capacity, and the second is to have temporary irreplaceability, that is, uniqueness."

"Then let's look at the classification of futures, which can be divided into commodity futures and financial futures."

"Commodity futures can be divided into metal futures, agricultural product futures, and energy futures."

"Financial futures can be divided into stock index futures, interest rate futures, foreign exchange futures, etc."

"Our company is called the Hong Kong Commodity Exchange. It is positioned as commodity futures, but it is not easy to do it for the time being whether it is metal futures or agricultural product futures. Crude oil futures in energy futures can be done, but because our local oil consumption is low, it is just The transfer station does not have ultra-large-scale crude oil storage facilities, so it is temporarily not qualified to create highly competitive crude oil futures."

"But we have one thing here, and that is the Hang Seng Index, and there is no Hang Seng Index futures in the world. If our exchange can no longer be limited to commodity futures trading and open up the financial futures market, the difficulty, cost and risk of management will be higher. However, the market will expand dozens of times or even hundreds of times. We have unique advantages and the possibility of success is very high."

"My personal view is to restructure the Xiangjiang Commodity Exchange into a full-category futures exchange, starting with financial futures, making the Hang Seng Index futures a pillar, and then further launching foreign exchange futures and interest rate futures. In international trade transit cities, there are hundreds of bankers alone. We have branches in the world's largest banks. We have a lot to do with the introduction of foreign exchange futures and interest rate futures."

"When the financial futures market is successful and the market has a huge amount of funds, it will not be too late to find the right time to launch agricultural product futures, energy futures and metal futures. Relying on the huge amount of funds is enough to drive every small category of commodity futures trading markets."

"Chairman, the above is my humble opinion, please give me some advice!"

"Papa..."

After Wang Qi finished speaking, Xia Yu smiled and applauded, saying, "It is very well said, very intuitive and easy to operate."

After Wang Qi received Xia Yu's praise, his heart fell completely, with a smile on his face, again and again humble.

"Thank you for the compliment, chairman!"

Xia Yu ignored Wang Qi's self-effacement and turned to look at Zhao Zhiyuan with a deeply inspired look. He smiled and said, "Zhiyuan, Wang Qi has expressed his opinion, what about you? What are your thoughts?"

Zhao Zhiyuan was busy recovering from the huge thought shock.

He took a deep breath and tried his best to calm the inner shock, and said: "Boss, I very much agree with Mr. Wang's opinion. With your influence in the financial field, the financial futures market is the most suitable direction for the development of our exchange. I have nothing else. Thoughts."

It’s not that Zhao Zhiyuan didn’t want to be dazzling, but after listening to Wang Qi’s insights, he was also willing to bow down. Compared with Wang Qi’s proposal, he couldn’t get his idea at all. In that case, I just don’t say anything, honestly. Just obey orders.

Xia Yu smiled and didn't care.

His main purpose is to let Wang Qi express, to convince Zhao Zhiyuan, to let Wang Qi press on Zhao Zhiyuan's head, and to let Zhao Zhiyuan willingly cooperate with Wang Qi's work.

And Wang Qi did not disappoint him, he deserves to be his left arm in the financial field.

He instructed Wang Qi and Zhao Zhiyuan: "Wang Qi, Zhiyuan, I will clarify the division of labor for you. Wang Qi will be the chairman of the exchange, and Zhiyuan you will be the vice chairman and executive president of the company."

"The first thing is to re-register the exchange, change it to the Hong Kong Futures Exchange, and expand the commodity business area to all categories. You are responsible for following this matter by Zhiyuan. If there are any obstacles in the Hong Kong government, please tell me That’s fine, I’ll let someone handle it."

"The second thing is to rebuild the exchange’s trading rules and management regulations. Wang Qi, you take the lead in this matter. After the creation of the United Stock Exchange, you also have a lot of experience. I will give you some of mine later. Suggestion, you just combine it in."

"The third thing is to rectify the staff of the exchange in an all-round way, create a brand-new personnel system, and retire those with insufficient capabilities~www.readwn.com~ Be sure to build an elite team, this matter is led by Zhiyuan, I Let Korn Ferry International assist you."

"The fourth thing, in terms of hardware construction, the current exchange site is not suitable. The exchange must be placed in the Central Plaza. It must be built against the Hong Kong United Stock Exchange. The trading method is positioned as a full computer operation, and all face-to-face transactions are discarded. You have experience in site selection and construction and machine procurement, Wang Qi, and you are responsible."

"The fifth thing is about trading commodities. The Hang Seng Index futures are promising, but this pillar alone is not enough. At present, the Hong Kong stock market is still sluggish, and the Hang Seng Index futures market is not large enough. The FTSE 100 stock index futures and natural rubber futures, the four major commodities listed together, will definitely be able to make a big splash on the Xiangjiang Futures Exchange."

"Wang Qi will be responsible for this matter. Nikkei 225 stock index futures. You can ask island companies to assist you. For the UK FTSE 100 stock index futures, I will ask FTSE Index to send someone to assist you. Natural rubber Don’t worry about futures. I have reached an agreement with Kuala Lumpur’s'Rubber King’ Li Laisheng last year. I will communicate with him later. He will help contact large Southeast Asian rubber companies to support our exchange."

"For the time being, I hope that before the end of the year, our futures exchange can keep up with the pace of the Stock Exchange. Can it be done?"

Wang Qi and Zhao Zhiyuan immediately raised their heads and said in unison: "Yes!"

Xia Yu nodded slightly and asked again: "Ask me now if I don't understand."

"boss……"

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