Chapter 114 Danger and Opportunity

"Fuck!"

Su Yu saw the overnight repurchase rate and interbank interest rate that far exceeded the market risk line. Although he knew in his mind that this scene would definitely break out, when the crisis really came, he couldn't help but be shocked: "What was supposed to come has finally come."

Thinking about it, he swiped his finger across the phone screen and glanced at the missed calls.

Except for one call from Lin Antu, all the other calls were from Huang Yu.

Of course, in addition to these missed calls, there are also dozens of messages from x-on:him on the chat software, most of which are asking him about the impact of the skyrocketing bank overnight repurchase interest rate on the domestic financial market, and even 'Yuhang', which was just established yesterday. There was some commotion in the investor exchange group No. 1 at this moment.

Su Yu first took a look at the fund's investor exchange group and saw Li Mengzheng explaining to everyone that the fund had not yet started to build positions, and the impact would be zero. He also elaborated on the reasons for the money shortage in the market, reassuring everyone that there was no need to panic, so he did not come forward in person. Explain, while getting up, he called Lin Antu back.

"Director Lin, what's the matter?" Su Yu asked.

Lin Antu replied on the phone: "Mr. Su should already know about the skyrocketing overnight interest rates and lending rates between banks, right? The news I just heard is that Qianjiang Bank is empty of internal funds and may encounter a run on depositors and customers. There is a serious crisis.”

"Just in the early hours of last night..."

"I heard that the presidents of several of their branches have rushed overnight to other banks in surrounding provinces and cities that have relatively sufficient funds and can conduct inter-bank lending to desperately raise funds."

"The bank's savings customer department employees are also fully mobilized."

"I heard that the loan business has also been completely suspended."

"Of course, in addition to Qianjiang Bank, many local commercial banks across the country had the same problem last night."

"It is said that this is because in the first quarter, these commercial banks struggled to lend money and misjudged the central bank's decision to lower the reserve requirement ratio and increase the market's release of water. This resulted in a 'money shortage' situation where many banks have no money to lend today."

"Okay, I get it!" Su Yu replied, "Continue to pay attention to the information in this area, especially about some small banks with serious money shortages. If you find that there is a serious run on a bank, report it to me immediately. Oh... Also, you can pay more attention to the internal development of Qianjiang Bank."

"Okay, Mr. Su." Lin Antu responded and hung up the phone.

Later, Su Yu called Huang Yu back and asked him to wait for him at the business department of their branch before he went out.

When he came to the business department of the branch where Huang Yu was located, he saw an anxious look on Huang Yu's face. There were many people waiting in line to handle business in the business department. It was bustling. Although it didn't look like they were scrambling or panicking, they were obviously more crowded than others. There is a little more tension in the atmosphere than usual.

Huang Yu saw Su Yu arriving and led him directly into the VIP customer area.

Then, with the help of the counter clerk, he opened an account and transferred 5 million yuan from his original Huashang Bank account.

"Brother Su, thank you so much!"

After finishing the business, Huang Yu's face relaxed and he was very grateful.

Starting yesterday, the tasks assigned by the head office have fallen into the hands of each of their salesmen. The basic savings task of 5 million within three days is a hard target. If he cannot complete it, he will have no choice but to leave. That's why he is so anxious. , and it was indeed with no other options that he approached Su Yu.

"You have salesmen like you who all received the same tasks?" Su Yu asked as he walked out of the sales department.

Huang Yu nodded and replied: "Not just us, the presidents of each branch, the investment and financial management department, the savings customer department, including the business department that directly faces depositors, have all received instructions to stabilize the current flow of funds in their hands. Mission, like Director Wang, has already arrived in Qianzhou. "

"Qianzhou?" Su Yu wondered.

"Yeah!" Huang Yu responded and continued, "I heard that a local commercial bank over there has sufficient internal capital flow and can lend funds on a large scale. Director Wang and others, as soon as they heard about it, We rushed over overnight, fearing that someone would borrow the remaining funds before us. "

"Oh." Su Yu understood and continued to ask, "Is your bank's cash flow very tight now?"

After Su Yu had deposited funds and completed the target tasks for him, Huang Yu no longer concealed some of the real internal conditions of Qianjiang Bank and said: "I am very nervous, but in fact... it is not just our bank's cash flow. Nervous, right now, the cash flow of most banks should be very tight.”

"All in all..."

"Our bank began to tighten loan disbursement in the middle of last month, which is already very optimistic."

"As far as I know, many banks that were still aggressively issuing new loans and expanding off-balance sheet assets in early June are really in trouble now."

"I don't know what happened this time..."

"Previously, our director and the president said that the central bank will definitely lower the reserve requirement ratio in June. Even if it does not lower the reserve requirement ratio, it will definitely use other methods to release market liquidity."

"But I didn't expect that everyone kept waiting and waiting, but there was still no movement from the central bank."

"Now, the cash flow crisis in the entire banking market should have been detonated, if the liquidity release from the central bank that everyone is waiting for never comes."

"I guess the situation will get even more serious in the future."

Su Yu listened to Huang Yu's words and responded lightly, guessing that under the effect of the market's money shortage, companies with urgent financing needs must be extremely uncomfortable at the moment, and the over-the-counter financing interest rates and private short-term lending rates must also be rising sharply. Among them, so...

He said goodbye to Huang Yu briefly and called Liang Bin immediately.

"Liang Bin, send me the information on the three companies that need financing that you discussed with He Qian and An Xiaoya immediately." Su Yu said urgently on the way back home, "Also, call He Qian and An Xiaoya When Xiaoya comes home, we immediately discuss which company has very urgent financing needs and we can take action immediately. "

"Su Yu..."

Liang Bin paused and said: "He Qian, An Xiaoya and I have only initially drawn up three investment projects, but whether the projects really have investment prospects, as well as their internal assets and financial data, need to be further evaluated. and verification, which takes time, currently..."

"Send me the information first." Su Yu said, "The money shortage crisis broke out in the market, and both on-site and off-site financing interest rates have soared. In the current market, the financing channels of companies with slightly inferior qualifications are basically completely cut off. , but I can say with certainty that all these phenomena are only temporary.”

"As soon as the central bank releases liquidity in the future, the market's money shortage crisis will naturally be lifted."

"Before that, while the corporate financing is in absolute trouble, this is the perfect time for us to invest, because by investing at this time, not only do we have the absolute initiative, but we can also lower the market valuation of the company. To a certain level, we can reduce our investment risks and make companies feel grateful to us and feel that we are providing help in times of need.”

"I understand!" Liang Bin understood what Su Yu said and immediately sent the project information to Su Yu via email.

Afterwards, Su Yu returned home and told Li Meng that he had called Liang Bin, He Qian and An Xiaoya over.

Then immediately turn on the computer and start downloading the file.

When he finished downloading all the files, opened them and browsed them briefly, at this time, Liang Bin, He Qian and An Xiaoya each held their laptops in their hands and had already arrived at the door of their house.

Next, everyone sat at the dining table in the living room and began to discuss the three preliminary investment projects.

These three investment projects were all selected from the projects that He Qian and An Xiaoya had contacted and researched when they worked at Guangya Investment.

Through preliminary research and evaluation.

The investment volume of these three investment projects is all within 4 million.

"From the perspective of the urgency of financing needs, this 'New Nanotechnology Co., Ltd.' is the most urgent." He Qian said, "Because of their newly built product production line, they have a backlog of several medium and short-term loans. It has expired in the past half month, and based on their qualifications and the current loan approval status of various banks, it should be difficult for them to get an extension or a new loan limit. "

"It can be analyzed from the financial situation and future prospects..."

"Among the three investable projects selected by Xiaoya, myself, and Manager Liang, I think this company should be ranked at the bottom."

"Its main business is the production of lithium-ion batteries. Although in a broad sense, it is still in the boom track of the 'smartphone industry chain', its performance flexibility and future development prospects are less flexible than other core industry chain businesses. , it should still be weaker.”

"Of course, judging from the preliminary research results of this company by Xiaoya and I."

“Although its business prospects and development space are not particularly clear, its management has left a deep impression on us, and they said...the core of their product route is not the smartphone field, but the future electric field. In the automotive field, they are already researching and developing power battery technology in this area.”

"Electric vehicles and the future of power batteries."

"Xiaoya and I don't understand it very well and dare not jump to conclusions, but from initial contact, we can see that this is a very pragmatic company."

"New Nanotechnology Co., Ltd." Su Yu looked at the company's information and listened to He Qian's story. Thinking of the wave of new energy and electric vehicles in the future, he couldn't help but feel a strong interest in this company. , tilted his head and asked the other two, "What do you think?"

"New Nano Technology Co., Ltd. is an asset-heavy manufacturing company." Liang Bin said, "Although the smartphone field is currently in a boom stage, the basic industry structure has been revealed very clearly. New Nano Technology Co., Ltd. Without a first-mover advantage and facing many competitors, it will be very difficult to grow if you are deeply involved in 'mobile phone batteries'."

"So... you are not optimistic about the future of this company?" Su Yu asked.

"No..." Liang Bin replied with a smile, "On the contrary, I am very optimistic about the future development of this company."

"The reason why I include this company in the investment scope is actually not that I am optimistic about its current main business of 'mobile phone batteries', but the future power battery business mentioned by the company's boss."

"The country's investment in the new energy field has been increasing in the past two years."

"As environmental protection conditions become more stringent and national policies continue to advance, I think the concept of electric vehicles may still become a reality."

"This company has no advantage in its main business of 'mobile phone batteries'."

"But in the new field of power batteries, it can be said that it is one of the few companies in China that has accumulated technology and is willing to develop and produce. If the direction is right, it will be a first-mover advantage."

"We should have a certain forward-looking vision when investing."

"The two new concepts of electric vehicles and power batteries may not become a reality in the future, but when the opportunity is in front of us, we cannot help but make plans and pay attention."

"Just like three years ago, who would have thought that Apple could rewrite the landscape of smart phones?"

"So, I think New Nano Technology Co., Ltd., at first glance, is a traditional latecomer company with no actual competitiveness, but in fact, it is a "new energy" company that stands at the forefront of technology, dares to innovate, and is brave to innovate. For such an emerging industry company, although it may not necessarily grow up, it has the genes of a dark horse. With an investment of 4 million, I think it is completely worth a gamble."

"What do you think, Miss An?" Su Yu continued to ask An Xiaoya after Liang Bin finished speaking.

An Xiaoya thought for a while and said, "Manager Liang's idea makes sense, but the investment risk is still quite high. The business of New Nanotechnology Co., Ltd. is dualistic. The development potential of traditional business is limited, and the new power battery business has great uncertainty in the future."

"This is also the reason why He Qian and I initially investigated this company."

"The reason why the project investment plan was rejected by the original company project risk assessment team when it was submitted to the upper level."

"My idea is that this New Nanotechnology Co., Ltd. has great development potential, but at the same time, the uncertainty factors of business development are also great. If the company has sufficient funds, it can be invested, but if we don't have so much funds, If we have money, we can only choose the best among the best and invest in companies with higher risk and future certainty. "

"Among the three projects we have planned to invest in..."

"Except for New Nanotechnology, the investment risks of the other two companies are obviously smaller."

"Mingjiang Technology is a company whose main business is industrial intelligent solutions. It is similar to the main business of Huichuan Technology, which is currently listed on the Growth Enterprise Market, but it is also a start-up company."

"But the industry trend of industrial intelligence seems to be much more reliable than "new energy, electric vehicles, and power batteries", and it should be said that it is a very certain direction in the tide of "intelligence."

"Moreover, the current competition in this field is not fierce."

"In the overall situation where industrial intelligence has just begun to develop, it is basically a very broad incremental market."

"There is also 'Tianwei Food'. Food is the most important thing in China, and food consumption has always been a relatively traditional and very broad market. This food company mainly develops in the form of snack single products, self-operated, and chain franchise. It has now achieved a revenue scale of tens of millions..."

"Invest in all of them!" Su Yu said, "I think the prospects of all three companies are good."

"Invest in all of them?" The three of them were stunned, and Liang Bin said hesitantly, "But our company... doesn't have so much money in the account, although However, the three companies all have different degrees of urgent financing needs. At this time, taking advantage of the shortage of money in the market, the financing channels of the entire market are almost broken. It is indeed a good time for us to negotiate with the companies and invest at the lowest valuation level, but we must also follow the basic strength of the company. We can't take on so many projects at once. "

"The time has come. Whether it is the primary market or the secondary market, we must act decisively." Su Yu smiled and said, "I can lend 10 million yuan to the company first. When the company returns the money and makes a profit, it will be repaid to me at the bank's basic deposit interest rate."

Everyone was stunned. None of them thought of Su Yu's idea.

However, if this is done, the company will have sufficient funds and can take on these three projects at once.

Of course, after Su Yu decided to invest in these three projects, his plan to build a position in Ancai Paper Industry in the short term was ruined again.

He can only use the remaining funds in his hand to build a bottom position first.

Then wait for more market changes in the future, make more money, and then think about Ancai Paper Industry.

After deciding to invest in all three projects, there was nothing left to discuss.

So, everyone finished lunch together. In the afternoon, Su Yu transferred 10 million yuan from his personal account to the company's public account, and then called Teacher Yao to record it.

Then, without any hesitation...

Su Yu, Li Meng, Liang Bin, He Qian, and An Xiaoya were divided into two groups and went to Shenzhen, where New Nanotechnology and Mingjiang Technology were located, and Xiangzhou, where Tianwei Food was located, to discuss investment business.

While the five people were going to the two places...

In the whole country, the money shortage crisis within the banking system was getting worse and worse. The overnight repurchase rate and interbank lending rate between banks continued to soar, breaking through 20%, causing extreme panic and causing the complete rupture of the on-site and off-site financing markets. Countless companies with heavy debt repayment pressure were instantly caught in a cash flow crisis.