Reborn with Consumption System-Chapter 518 - 238: It Wasn’t Easy [Long - ]

「On the 29th, a Saturday.」

Han Lie got himself all cleaned up and neatly dressed, and arrived at the headquarters building of SPD Bank.

Today was the scheduled day to give a lecture for the private banking clients of SPD Bank, something Han Lie had been looking forward to for a long time, and he had made thorough preparations.

Uh, a box of chewing gum and a box of small balloons; everything else is optional. As for the presentation slides... What the heck is that?! I’m here to enlighten and teach; saliva can’t be spared, but the brain needs to do as little as possible.

He pushed open the door, where a woman in work clothes stood guard.

As soon as she saw Han Lie, she hurried over, with some barely concealed surprise in her eyes.

"May I ask if you are Teacher Han?"

Han Lie looked up and saw a rather composed young woman, quite beautiful, but not as much as Sister Ting or even Jiao Fangyan, so he smiled politely.

Liang Wu took a step forward to greet him, speaking for Han Lie, "Director Liu? I am President Han’s assistant."

"Ah, Assistant Liang, hello. I am Liu Chang, who has been in contact with you."

Once their identities were confirmed, Director Liu led the two upstairs, engaging in ceaseless, enthusiastic niceties.

Employees they encountered along the way seemed somewhat intimidated by her and stole glances at Han Lie, so Han Lie immediately knew—Director Liu, who came to meet him, held a not-so-low position.

A director? An office director, perhaps? Then her administrative level should be about divisional, right? Director Huang’s giving quite a bit of face...

When Director Liu knocked on the office door, Director Huang took the initiative to come out from behind his desk and step forward.

His pace seemed slightly uncontrolled, a bit too quick.

Therefore, Han Lie quickly sped up, intercepted the other party in the center of the room, and extended both hands, "Director Huang, thank you for taking the time to meet with me. I’m late!"

Director Huang’s smile widened by a fraction and his eyes slightly narrowed.

"Not at all. Today it’s us at SPD Bank who are asking for Teacher Han’s time. A distinguished guest graces our door; truly an honor!"

Han Lie continued to lower his stance, exchanging pleasantries for a while.

Huang might not look like much, but he was already a top-tier mogul in Magic Capital’s financial sector.

Banks like Bank of Communications and SPD Bank differ from other state-owned banks in that their headquarters are located in the Magic Capital; hence their core local strength is extremely powerful.

Above Director Huang, the head office leaders didn’t deal with specific business; they mostly liaised with higher-level leadership departments.

Beneath him, branch leaders had very limited resources.

As for his peers, the other bank presidents mainly focused on personnel and abstract tasks, making Director Huang effectively the number one in the business line.

SPD Bank’s Magic Capital branch controlled 150 billion in deposits, 80 billion in loans, over a hundred thousand private banking clients, hundreds of important cooperation partners, and maintained good relations with most of Magic Capital’s administrative departments...

You can imagine what kind of Strength Director Huang possessed.

Some might think: surely he’s still not as powerful as the big four banks.

Right, he didn’t compare.

The Magic Capital branch of the Industrial and Commercial Bank of China has four times the staff and eight times the assets of SPD Bank. The difference is significant.

But SPD Bank is the darling child of Magic Capital’s National Productions Committee, and many times, the top figure at the Industrial and Commercial Bank’s Magic Capital branch isn’t necessarily more effective than Director Huang.

In any case, Han Lie was in no position to act big in front of Director Huang.

Han Lie could casually critique President Gao, but with Director Huang, he might not cooperate but would never disrespect.

This is the measure of social interaction.

A man’s success largely depends on his ability to accurately position the different people in his social circle.

With accurate positioning, one handles things correctly.

Then, those below are willing to push you, and those above are willing to pull you up, ready to soar with the slightest gust of wind.

...

After some irrelevant chatter, Director Huang was especially satisfied with Han Lie’s attitude and finally got down to business.

"What aspect does Teacher Han plan to share with everyone today?"

"I won’t talk about techniques, just hint at some risks."

"Oh?!"

Director Huang was visibly alarmed, "The market has already fallen so much. Are there still significant risks?" 𝒻𝑟ℯℯ𝑤𝑒𝑏𝑛𝘰𝓋𝑒𝓁.𝒸𝑜𝘮

Han Lie shook his head, "The long-term, systemic risks are certainly gone, but in the short term, there should still be some sharp declines. SPD Bank’s timing for the lecture is quite fortuitous, as I have some thoughts on the matter and plan to touch on them lightly."

Director Huang frowned, "Why not talk about some methods? We’ve given clients a heads-up, and the feedback has been very enthusiastic. I believe they must be very eager for your technical expertise."

Han Lie chuckled and shook his head. "Huang Xing, you’re usually in contact with high-end clients. You might not quite understand stock investors."

"I’d like to hear the details."

Han Lie understood retail investors all too well and spoke at length with reason and evidence.

"Stock investors attending such a seminar never come to learn techniques.

"A few people want a free ride, asking the teacher for a couple of good stock tips.

"The majority seek comfort, looking for theoretical support in the teacher’s sharing to justify their own stubborn holding.

"If they find it, everyone is happy.

"If they don’t, they’ll grumble inwardly: ’What a crap expert!’

"Talking to them about cycles, value, or position control is useless. No one listens, and even if they do, they can’t control their impulses.

"It’s better to just tell them straight—’The market’s going to drop, liquidate your positions!’

"They might not take the advice, but a short-term market crash is easy to verify. When the market does indeed fall next week, they’ll naturally remember me and give positive feedback to your bank.

"If I talked about concepts or techniques, without short-term validation or improvement, they wouldn’t be grateful for your bank’s event.

"As time goes on, it would be like SPD Bank had busied itself for nothing."