Chapter 0814 – Diamond Trading (II)
Seeing Zhuang Rui stop and stare at the people in the courtyard, George hurriedly gently pushed Zhuang Rui from behind and said in his ear, “Don’t look at those people, go inside the trading hall.”
The other three bodyguards had also gotten down from the car, and surrounded Zhuang Rui front and back towards a high walled compound, which was nothing more than a parking lot for the exchange, and was not protected by the Diamond Exchange.
The exchange in front was a very large red-roofed house, with high power grids stretched on the outer walls around the perimeter, the gate was a double electric iron gate, and at the entrance, there stood four security guards armed with AK47s.
“Mr. Zhuang, we are waiting for you here, please always remember not to cause trouble inside.” Arriving in front of the gate, Zhuang Rui and his party were stopped by those security guards.
Due to the high risk nature of raw diamond trading, the South African country implements a trader’s license system for raw diamond trading, and those without Licenses cannot enter the trading market to buy or sell raw diamonds.
Inside Zhuang Rui’s line, only Zhuang Rui has applied for a trading license, so even Peng Fei, can only wait outside.
“Brother Zhuang, this ……” Peng Fei was a little uneasy.
“It’s fine, the exchange will guarantee the safety of the clients, you don’t have to worry.”
George seems to be very interested in Peng Fei, this way in the chat with Zhuang Rui, from time to time will say a few words with Peng Fei, only Peng Fei is not very cold to him, often George gestures and says half a day, Peng Fei only pops out a word from his mouth.
“Peng Fei, it’s fine.”
Zhuang Rui waved his hand to Peng Fei, no matter how much diamonds and gold are South Africa’s most important export products, if they can’t even guarantee the security of the exchange, then there’s really no need for this government to exist.
“Sir, how can I help you?”
After issuing the trading license, Zhuang Rui walked into the red-colored house and was greeted by a white man who greeted Zhuang Rui.
“I need this week’s diamond auction list, plus a room to look at the goods.”
Before coming, Qin Haoran explained the process of the diamond auction to Zhuang Rui, unlike the jadeite public market, the auction of diamonds is extremely private, within the trading market, each trader will not meet each other, and they do not know that the diamonds that they are interested in are auctioned off by whoever they are looking at.
Generally, before every Tuesday during the time that the fair is in progress, the bourse gives each dealer who has a license to look at the diamonds, a list of the raw stones to be auctioned.
Customers who receive these lists, enter the market by different times and means, and are then placed in their own separate trading rooms, where they are looked at and subscribed to, and after the prices have been reported, each buyer is allowed to leave and go back to wait for news.
In the trading period of every Friday at three o’clock in the afternoon, for the opening of the bidding time, in turn, will be announced diamond auction results, the winning bidder according to their own results and the exchange settlement.
Diamonds can be different from emerald stones, often a piece of tens or even hundreds of pounds, this thing may be worth hundreds of millions of a small bag, so it is a hand to hand, the exchange to the buyer to issue a certificate, so that it can be taken out of South Africa through customs.
This is not as exciting as gambling, but ensures the privacy and security of the trader, since the establishment of South Africa’s diamond exchange, has continued this way of trading.
However, even so, there are still not small diamond buyers, by the local or some international crime syndicates to target, those Japanese just do not know how to leak the wind, and ultimately is the death of the financial loss.
This transaction also has a special situation exists, that is, the buyer did not catch up with the Tuesday time, but also do not want to wait until next week, you can issue a certificate of funds to the exchange, as long as the bidding did not come to Friday, is also able to temporarily join this week’s auction.
Like Zhuang Rui came to Johannesburg yesterday when it was already Wednesday, he naturally could not receive the auction list of the exchange, but Zhuang Rui really do not want to wait until next Tuesday, which rushed to the exchange in advance.
Of course, there was a restriction in there, that is, the trader with the license who made the application had to have at least 100 million euros or more in purchasing power before he could do so.
“Sir, please follow me.”
That staff member sized up Zhuang Rui for a moment, then led him into an office, and after pouring Zhuang Rui a cup of coffee, he said, “Sir, please show proof of funds.”
Zhuang Rui had heard about this process from Qin Haoran, so he immediately opened his handbag and took out two bearer bank cashier’s checks issued by a Swiss bank, and placed them in front of that staff member.
“David, please come here.” That white man picked up the phone on the table and called someone in.
“William, that’s right, two hundred million euros that can be withdrawn at any time.”
David, who received the call to come in, should be an accountant, after checking Zhuang Rui’s cashier’s check, nodded to the staff called William.
“Alright, thank you, David.”
When that accountant went out, William returned the bank draft to Zhuang Rui with a smile on his face, then took out a quotation from the desk drawer and put it in front of Zhuang Rui.
“Mr. Zhuang Rui, this is the list of diamonds for this week’s auction and the reserve price, you can look at the list first, if you need to inspect the actual goods, I can bring it to you.”
People who can come up with two hundred million euros, that is already a very important customer of the exchange, after William opened that list, he pointed to the top and said to Zhuang Rui: “Mr. Zhuang, look at this one, this is a diamond that was picked in August last year, weighing forty-eight carats, the starting price is only five million dollars. And then look at this one, this is the largest diamond extracted last year, and it is also a pink diamond, the starting price is 15 million dollars, I believe that Mr. Zhuang has the strength to buy it down.”
William was very familiar with himself and sat down next to Zhuang Rui, sparing no effort in introducing the diamonds on the list to Zhuang Rui, that gesture was itching to empty the last dime in Zhuang Rui’s pocket.
“Shit, this thing is more expensive than emerald!”
Zhuang Rui cursed in his heart, to know, one carat is only equivalent to 0.2 grams, fifty carats is only about 10 grams, that is, one-fifth of a tael, actually can be sold to tens of millions of dollars, this is much more expensive than the very best emerald.
“Mr. Zhuang, look at this again.” William saw Zhuang Rui’s noncommittal look and pointed to another diamond.
“Thank you, I’ll look at it first.”
Zhuang Rui smiled and looked at William, interrupting him, if he bought it according to William’s introduction, back in Hong Kong, his old father-in-law would have to fight with himself.
Zhuang Rui this time to the south, that is to help Qin’s jewelry and their own Qin Ruilin, purchased next year, a year of raw diamonds, he did not dare to spend the money in a big way.
Now the price of loose diamonds on the international market, depending on its luster and color, basically 4000 to 10000 yuan a carat, converted into euros, it is about 400 to 1000 euros a carat.
Of course, like some extremely rare pink diamonds and overall larger diamonds, these prices do not adapt to, let’s say, 50 one carat diamonds, may only need 500,000 yuan to buy, but a 50-carat diamond, I’m afraid that you are to take 5 million or even 50 million, can not buy.
Like a few years ago in South Africa produced a weight more than fifty-five carats of raw diamonds, and finally was a jeweler with 12 million U.S. dollars price shot away, and the production of that diamond mine, is a U.S. company, with 100 million U.S. dollars directly to the price of the acquisition.
Just now William to Zhuang Rui introduced these diamonds, is also so, a diamond weight and purity, can make its price dozens of times or even hundreds of times upward turn.
So don’t look at Zhuang Rui brought a lot of money this time, if he only picks the very best diamonds, I’m afraid that at most he can only buy a few dozen of them.
“Hehe, Mr. Zhuang, take your time to look, feel free to shout at me if you need anything.”
William knew that his actions just now had made this young man resentful, so he stood up and poured another cup of coffee for Zhuang Rui and sat quietly next to him.
“According to the annual sales volume of so many chain stores of Qin’s Jewelry in Southeast Asian countries, I’m afraid that we need at least 30,000 loose diamonds of one to three carats, which will almost cost around eighty million euros. Also need to buy some three carat to 10 carat or so, purity quality higher diamonds, almost need another eighty million dollars, in addition to the remaining tens of millions of euros, but you can shop for a few superb diamonds.”
Zhuang Rui secretly counted in his heart, those tens of thousands of loose diamonds, don’t need to be of good quality, but it’s best to be inside a batch of lots, as for the other two, it’s necessary for Zhuang Rui to carefully select them.
“Hm? This one is fine.”
Zhuang Rui saw that there was a batch of lots, a total of more than twenty-eight thousand loose diamonds, all from a single mine, with a bottom bottom auction price of forty-one million euros, which was also one of the highest prices in this packaged auction.
“Mr. William, please take a few auction sheets.”
Such loose diamonds, are some general quality diamonds, Zhuang Rui simply do not need to go to the inspection, after receiving a few auction sheets that William took over, Zhuang Rui filled in the lot label after filling in the auction price of eighty-two million euros below.
The customer’s bid price, the staff is not allowed to view, so William and other Zhuang Rui fill out and put the bid sheet into a special paper bag after sealing, before coming to the side of Zhuang Rui, said: “Mr. Zhuang, you also want to buy some single diamonds?”
With William’s work experience, he could naturally tell that what Zhuang Rui had purchased was loose diamonds, but with such a big customer, William was a bit reluctant not to sell out a few superb diamonds.
“Mr. William, this pink diamond and this forty-eight carat diamond, well, there are these ones, can you bring them to me for inspection?”
William’s efforts were rewarded, after seeing the few diamonds that Zhuang Rui pointed out, he almost fainted with happiness.