Chapter 241

15days ago Xuanhuan Novels 6
The London Metal Exchange (LME) is the most influential metal exchange in the world. Although COMEX in the United States, Shanghai Futures Exchange in China and Tokyo Industrial Products Exchange in Japan are also conducting metal trading, because its influence is far less than LME, it has basically become the shadow market of LME.

Metal traders around the world look at the price of LME and decide the bid and offer price based on the price of LME.

A black Rolls-Royce car that represents identity slowly drove into the London Metal Exchange. Chen Qing and Burundi, who had just been bailed from the police station on bail with 300 pounds yesterday, came to the exchange that Chen Qing locked for this trip to London.

From the perspective of attracting investors to trade, LME is undoubtedly very successful

Relevant information shows that in LME transaction volume, the transaction volume from outside the UK exceeded 95%

International financial experts unanimously believe that according to the current semi-closed financial system in the UK with a strong sense of self-protection, it is a miracle to have a completely open futures exchange like LME.

This is not only related to the historical origins of this futures exchange, but also to its special trading methods and loose regulatory systems, making the LME exchange particularly attractive to international financial giants.

However, it is precisely because of the crowds of big players that LME has become the exchange with the most risky and accidents

In this case, LME metal prices are often distorted against actual supply and demand laws, and then manipulate the global metal market with its influence

Not long ago, Chen Qing blocked Prudential Fund on the May copper futures contract, which was implemented through the LME Futures Exchange, a window for British financial opening to the outside world.

This time, Chen Qing went to the UK to work in business, with the purpose of obtaining the qualification of a member of this futures exchange.

LME members are divided into five categories. The first category is in-circle members. There are now 11 companies, also known as RingDealing Members. They enjoy all LME privileges, and only they can trade on the market;

The second category is Assciate Broker Clearing Members (AssciateBr?kerClearing Members). There are now 26 members. These types of members do not have the right to trade on the market, but enjoy all LME privileges except on-site transactions;

The third category is Assciate Trade Clearing Members (Assciate Trade Clearing Members). There are now 3 members. This type of member cannot conduct on-site transactions or customer agents, but they can trade for themselves and perform liquidation, that is, self-operated members who can conduct settlement;

The fourth category is Assciate BrokerMembers, which now has 6 members. These members are not members of the London Clearing House and cannot enter the circle to conduct transactions. In addition, their rights and obligations are similar to those of the second category members;

The fifth category is Assciate Trade Members. There are now 37 companies. This type of membership pays a small annual fee to the exchange and enjoys a certain right to know. There is no other right except that

Due to historical reasons, the LME membership system is extremely complex. Different members have different trading permissions, and they also have different treatments in time to obtain various information and conveniences. This system is unique all over the world, and it also makes the LME futures exchange the most concentrated place in the world's financial tycoons.

Although LME also has management systems, some systems seem to be more complex than other exchanges, the starting point of these systems is not to prevent systemic risks and combat market manipulation.

On the contrary, these systems are more conducive to the manipulation of the global metal market, thus making the entire market more susceptible to systemic risks.

Although Chen Qing had been conducting metal futures trading through an independent fund of an LME member company in the circle for a long time, this is the first time he has truly come to this world metal futures trading brain center with a century-old history.

Chen Qing walked slowly in the corridor, turned to look at the various famous brands hanging at the doors on both sides.

From these famous brands, this building contains almost all the well-known large-scale financial speculative (held) funds in the world's financial industry, and the price trends of almost all varieties of metals in the world are controlled by these international financial tycoons.

These large hedge funds representing the interests of various countries are conducting various interests exchanges in this building and then using this method to divide the world's increasingly poor metal resources, which determines the specific allocation and trend of the world's metal resource market in the next few months.

In the 1990s, China's rapid economic take-off significantly increased demand for metal resources, which directly stimulated a sharp surge in metal imports. At that time, the Chinese government wanted to occupy a place here and had the right to speak and dominate the world's metal resources.

But in the end, due to lack of experience and system and other reasons, Western powers suffered repeated defeats in the futures market after tacit cooperation. In the end, they were forced to fade out of the world metal futures market because of excessive losses.

But at this time, Chen Qing had no doubt that in the near future, the Feng Huáng Fund, which represents the interests of the Red China, would occupy its important place here and have a say in the international metal market. It can regulate the market prices of these types of metals based on China's demand for various metals, and spend the least amount of foreign exchange to buy the most metal resources from which resource export countries

Accompanied by Burundi, the two of them visited the financial building through their identity and security inspections and took the elevator to the headquarters of the London Metal Exchange on the top floor of the building, and met Mr. Lawrence, the chairman of the board, who is said to have a deep British royal background.

Old friend, I knew that you, the old fox, would not be so easily trapped in the mud pit of the "Prudential Scandal". There must be a way to escape from the "Prudential Scandal"!

Lawrence did not take the initiative to throw an olive branch to Chen Qing, but first gave a warm hug with Burundi next to him, and then turned around and looked at the culprit next to him who had just caused financial turmoil in the UK not long ago.

Like most old British aristocrats, Lawrence always believes that only British people are the most noble race in the world, and only them, the nobles of the British Empire, have the best bloodline in the world, so they have no favoritism for the Chinese from the far east in front of them, not to mention that the other party's purpose of coming to Britain this time was Sima Zhao's heart.

Mr. Chen, it is a very pleasant thing to be able to see you here. Please sit here!

Lawrence did not hug or shake hands with Chen Qing, but just politely reached out to him and made a move to ask him to sit down and then sat back to his position. Obviously, he had no good impression of Chen Qing, a young man from Red China.

Chen Qing just smiled faintly at the coldness of Lawrence. If it were replaced by a large-scale financial investment fund with strong strength in the UK, it would have prevented Feng Huáng's investment from causing great turmoil in China's financial market, maybe he would throw the other party out of the window directly

After the secretary presented the coffee, Lawrence took advantage of the opportunity of Chen Qing drinking coffee and said first in an unfriendly tone: It is said that Feng Huáng Investment has made huge profits from the overall plummeting British financial market from this action to block the Prudential Fund. There are even rumors that Feng Huáng Investment made a profit of up to 20 billion US dollars this time. Mr. Chen Qing is really a rare genius in the financial industry in a century!

Chen Qing clearly smelled a strong smell of gunpowder from the other party's tone and couldn't help but jump in his heart. He wouldn't be so unlucky to meet a British version of an old angry young man in the UK, right?

Although I was a little uneasy, Chen Qing still replied modestly with a friendly smile: Mr. Lawrence is too rewarding. I am just a lucky young man. In fact, there are many things that I have to learn from old seniors in the financial industry like you!

Lawrence opened his already cloudy eyes, stared at the young man sitting opposite him, adjusted his tone, and then asked casually: Last night, I learned from the phone call from Burundi that Mr. Chen Qing now seems to be very interested in the financial market in the UK, and even wants to become the 12th member of the LME Metal Futures Exchange?

Yes, with Feng Huáng's current investment strength and position in the international financial market, he should be fully qualified to apply for an internal membership in LME.

Chen Qing smiled and said: If LME can accept Feng Huáng Investment as a member of the circle, I believe it will be a very beneficial thing for both of us. Mr. Lawrence should not keep the sincere Feng Huáng Investment out, right?

I have felt the sincerity of Feng Huáng Investment not long ago when I blocked the Prudential Fund and finally caused great turmoil in the UK financial market not long ago.

Lawrence said coldly: If Mr. Shen can guarantee that Feng Huáng Investment will join the LME Metal Futures Exchange to only conduct international metal futures trading and will never participate in the blockade of any British-funded enterprises (funds). Perhaps LME can consider making Feng Huáng Investment the 12th internal member.

Feng Huáng Investment is a super-large financial company in financial investment. Wherever it is profitable, our figure will appear. Today, when the trend of globalization of trade and finance is becoming increasingly obvious, doesn’t Mr. Lawrence feel that the conditions he has offered are a bit unreasonable?

Chen Qing couldn't help but frown slightly when the British old man in front of him proposed the conditions that he had obviously no sincerity. Because of special reasons, Feng Huáng Investment can no longer participate in speculative transactions in the US financial market.

The current Japanese ruler, Prime Minister Toshio Nakamura, is his own person. If he leads Feng Huáng to invest in his investment and let the pro-American faction within the Liberal Democratic Party regain power, the old man living in Zhongnanhai will immediately summon him to come and swear, and he will be scolded.

So after losing the two large fully automatic cash machines of the United States and Japan, Chen Qing would not agree to give up the fat piece of the British financial market anyway

Seeing that the young man in front of him naturally rejected the rude request he made, the sly-hearted Lawrence had a regretful expression on his face, and he squinted his small eyes and said helplessly: If Mr. Chen refuses to make a promise, then I can only express deep regret!

In this era when even God needs to pay for prostitution, I, Chen Qing, rarely can't do what I want to do. I believe we will meet again in the near future. I hope that Mr. Lawrence will not regret his decision today!

Facing the deliberate stubbornness of the British old angry young man in front of him, Chen Qing stared at the other party very seriously and said a harsh word, and then led Burundi to leave the office without looking back.

In the elevator, Chen Qing was silent and didn't know what dirty thoughts were turning in his head. Burundi next to him was naturally tactful and didn't speak to interrupt the big boss in front of him.

In fact, before coming here, Burundi knew that there would be such an ending. If an old guy hadn't given his old friend's face, Chen Qing would probably not have seen this stubborn British aristocrat.

When the elevator was about to reach the bottom floor, Chen Qing suddenly turned his head and asked Burundi next to him: Does any old guy have any special hobbies just now?

Lawrence's only hobby is to raise horses and ride horses. He has a small manor in the suburbs of London with six British thoroughbred horses. He basically stays where except for normal social engagements.

Does he have no other hobbies in normal times? Chen Qing saw Burundi keep shaking his head, so he took the initiative to remind him: For example, gambling, beauties, luxury cars or any hobbies that can be used in other aspects

But Burundi next to him still kept shaking his head. Obviously, this Lawrence is a standard authentic British gentleman. He has no bad habits that can be used by Chen Qing except for raising horses.

No, no, no, everyone in this world has weaknesses except for dead people. It only depends on whether you can dig out this hidden weakness and expand and utilize it a hundred times!

Chen Qing raised his right hand and stretched out his index finger to shake it in front of Burundi, and then continued confidently: One day there will be a way to make this proud British nobleman kneel at my feet, I promise!

May the Lord bless Lawrence!

Looking at Chen Qing's confident and firm smile on his face, Burundi couldn't help but cross his heart. He was silent for three seconds for this old friend who was so angry that he could never afford to offend a big man.

You two will help me with something immediately, get all the files and related information of Baron Lawrence, the chairman of the board of directors of the LME Metal Futures Exchange, and then send it back to the country for the National Security Bureau to carefully analyze it. You must find the fatal hole of this old British gentleman.

After breaking up with Burundi and returning to the Imperial Hotel, Chen Qing immediately summoned the second general of Hunha to instruct them to use the National Security Bureau's intelligence network in London to collect all the information of the old guy Lawrence.

Since this old British gentleman has no weaknesses to use for himself, Chen Qing had to target his children and grandchildren. He would definitely find something to use for him from these rich children.

Since this old British nobleman did not give him face, Chen Qing also secretly decided in his heart to use this baron to sacrifice his power. Now, only by overthrowing Baron Lawrence can these arrogant British men see their methods clearly and see who will dare to act wildly in front of him in the future.

Xiaoxiang Pavilion, which has a Chinese Jiangnan water town style, is located in London Chinatown

The main building is three floors and the main color is dark red, and the carved dragons and phoenixes on it look extremely eye-catching next to the streets with modern buildings.

After enjoying a British meal, Chen Qing, Consul General Wang Jun and Counselor Zhang Jianan followed the two men who were half a local snake in the UK for a few years and came directly here, and walked straight through the vermilion lattice paint door into the lobby of the teahouse. It seemed that the two of them were regular customers here. They both nodded to them.

Xiaoxiang Pavilion is a restaurant and teahouse with a flavor of Jiangnan in China. Almost all middle-aged and elderly people over 30 years old, among which there are British people who admire Chinese food culture.

The three of them did not stop at the catering seat on the first and second floors, but went directly to the teahouse on the third floor, and then ordered a pot of West Lake Longjing in Chinese.

Dr. Tea, who was serving, looked like a Chinese student. He spoke very authentic Mandarin and was wearing silk Tang suit. It looked like that. Chen Qing was happy when he saw this young man looking handsome and took out a brand new pound from his bag and threw it on the table to tip him. But the young man looked at Zhang Jianan next to him and didn't dare to answer. Obviously, this young man had any relatives with Zhang Jianan.

Zhang Jianan next to him nodded, then smiled and said: Since it is Mr. Chen’s reward, Zhengqiang, you’ll be ready next!

After getting Zhang Jianan's approval, the young man was so excited that he put the banknotes on the table into his pocket. From then on, he kept nodding and thanking Chen Qing.

At this time, Wang Jun next to him smiled and told Chen Qing that Dr. Tea is actually Zhang Jian'an's nephew, Zhang Zhengqiang. After graduating from Wuhan University, he came to the UK to join Zhang Jian'an's uncle. Because he had no work experience, he had not found a suitable job. Now he is working in this teahouse to support himself. Wang Jun also emphasized that the other party studied international finance major in China.

Chen Qing suddenly showed an undetectable smile on his face when he heard this. He also understood the real intention of these two old foxes to bring him to this teahouse. So he said with a smile: Feng Huáng Investment is now preparing to open a branch in the UK to need staff. I like this young man, so I will try to be a deputy manager first, and I will help you to properly work after I finish it!

Mr. Chen is really a pleasure. If you have anything to do in the future, just give me instructions. Only if it is within Mr. Zhang's ability, I will do my best to help Mr. Chen do my best to do my best!

Seeing that the other party was on the road like this, Zhang Jianan immediately thanked Chen Qing for his support on behalf of his nephew, and Chen Qing next to him just smiled faintly and said nothing more.

He had encountered this kind of thing many times when he was in China. He would definitely reuse it for the children of a senior official who was truly capable, because the network of relationships established by the other party and the naturally established network are definitely not something that ordinary college students can imagine without a background background.

What are the things you do when you have sex since you are a kid who is naturally easy to help with, and what are the project approval documents that are difficult to handle in government departments? Approval of such matters, as long as these high-ranking children go out and shout a few times, uncle ×, uncle × promise to be OK immediately

It is convenient for others and yourself!

Although the other party is still a consulate counselor with a low official position and no real power, maybe this consulate general will become the consul general in the future or will be transferred back to Beijing to serve directly. At that time, maybe he can become an important chess piece in his power network.

Betting on political officials at these relatively low levels is like casting a net to catch fish. Perhaps the net that is spread may always catch some small fish that cannot be made into the climate or nothing, but you still have to keep casting the net to continue catching it. Maybe one of them can catch a golden baby fish.

Next, taking advantage of the opportunity to have tea and chat together, Chen Qing also implicitly expressed his hope that the two consuls would be able to meet the upper-level British congressmen and various government officials with real power. Chen Qing had just helped Zhang Jian'an, who was very helpful, was naturally full of questions. Consul General Wang Jun next to him, thanks to Zhang Jian'an's colleague and comrade-in-arms, also agreed readily.

In the following days, Chen Qing followed Burundi to visit the presidents of the relatively famous fund companies in the UK's financial industry, and some local financial crocodiles that can affect the trend of the UK's financial market and have a close relationship with the government.

Maybe he had direct interest contact with the East Asian consortium led by Chen Qing, composed of China Feng Huáng Investment and South Korea Daewoo Group, so he was afraid that the other party would block himself in the financial market. Therefore, these financial giants gave Chen Qing the highest standard reception. Compared with the cold treatment Baron Lawrence, chairman of the board of directors of the London Metal Futures Exchange, it can be said that it is a world of difference, and it really conforms to the old Chinese saying: county officials are better off!

As the chairman of the board of directors of the London Futures Exchange, Lawrence has no substantial interest contact with the East Asian consortium controlled by Chen Qing, so he is not afraid that Chen Qing will make things difficult for himself in the financial market.

These British fund companies are different. When they conduct futures operations in the international financial market, they have to decide their next operation strategy based on Chen Qing's face. If they anger the other party and are targeted by the wealthy East Asian consortium, the final result is probably only to lose and follow Maicheng.