Rebirth of Hong Kong 1981
Page 299
Standard Chartered Bank
Paris branch president Bill's office
Looking at the report in his hand, Bill swallowed, and couldn't believe his eyes.
This time, Yang Chen's harvest in the Paris stock market, excluding various taxes, has already reached one billion dollars.
In the middle, the other party only spent a few days.
For this, besides admiration, Bill still admired it.
Everyone knows that this time the French presidential election is a rare opportunity, which can be met but not sought.
But there are not many people who dare to really end.
And when it's over, it's even rarer to bet on such a big person.
With [-] million US dollars and [-] times leverage, once Mitterrand fails to move into the Elysee Palace, the consequences can be imagined.
This is completely a [-]-[-] bet, the winner will eat meat, and the loser will go bankrupt.
Now the winner was sitting casually in front of him drinking tea, and Bill wiped the sweat from his forehead that he didn't know when.
He said with a dry smile, "Mr. Yang, what can I do for you?"
He is just a branch manager in a region. There are many people like him in Standard Chartered Bank. He doesn't dare to offend a big client like Yang Chen.
In the capitalist society, whoever has money is the master. As a customer of Standard Chartered, Yang Chen, in the words of some companies, is God.
Yang Chen said with a faint smile: "I want to trouble Mr. Bill to transfer a sum of money to HSBC for me."
"Uh..." Hearing this, Bill was taken aback for a moment, then without any hesitation, he nodded and said, "Okay, Mr. Yang, I'll handle it for you."
What Yang Chen said was transferring a sum of money to HSBC, not transferring all the funds harvested this time to HSBC.
In this regard, Bill naturally had no reason to refuse, nor could he refuse.
Although Standard Chartered and HSBC are in a competitive relationship, this does not mean that the two banks are not cooperating.
Bill, the president, personally handled the transfer procedures, and Yang Chen didn't have to wait long, but he still needs to wait a day for the funds to arrive.
Chapter 319 Leaving Paris
A fund of up to 25 billion Hong Kong dollars was transferred from Standard Chartered Bank to HSBC Bank. When the fund was received, the news was immediately spread to Taipan Wang's ears.
Facing the sudden extra 25 billion Hong Kong dollars in Yang Chen's account, Daban Wang was a little confused, not understanding where the other party got so much money from.
You must know that this is 25 billion, not 25 yuan.
How long has it been?
It seems that it has been less than half a month since Yang Chen mortgaged Xue's manufacturing shares and borrowed from HSBC again.
It's just another money grab
Is there wood?
After learning that the funds were remitted from the Paris branch of Standard Chartered Bank, Taipan Wang picked up the newspaper on the table and quickly found an article about the end of the French presidential election.
In addition, the following is a piece of news about the sharp drop in the French stock market yesterday.
Seeing this, Daban Wang guessed what the other party had borrowed the money for.
It's no wonder that when I asked, the other party just smiled and didn't speak, and dared to play a big game again.
Regarding Yang Chen's successive profits in the stock market, Tai Pan Wang didn't know what to say.
Every time the opponent makes a move, he has to wear a thick coat, for fear of being known by others.
The most terrible thing is not to let others follow suit.
This kind of watching the other party eat meat, he can only drink soup, and now he can't even drink soup, there is an inexplicable resentment in the eyes of Taiban Wang.
'Why don't you just think of a way to let the other party enter the board of directors of HSBC? Taipan Wang Rusi thought.
It's not that Taiban Wang really wants to follow Yang Chen to eat meat, the reason why he came up with such an idea is mainly due to Yang Chen's growth speed.
As for following the opponent to eat meat, to be honest, this is only secondary.
From Yang Chen's attack in Paris this time, Tai Pan Wang saw the gambling nature of Yang Chen.
In the French presidential election, even if the Dapan Wang wanted to break his head, he would not believe that Yang Chen would know the news in advance.
Under such circumstances, Yang Chen is obviously gambling this time, and the risk is very high.
Faced with this situation, as the president of a bank, Daban Wang would never go crazy with Yang Chen and play any gambling games.
Now that the scale of HSBC is not small, there is no need to take big risks in order to seek temporary benefits.
Stable development and reasonable avoidance of risks are what HSBC needs to do most now.
……
Yang Chen transferred so much money to the HSBC account this time, not because he wanted to pay off the previous loan at once.
In order to short this time, Yang Chen mortgaged the shares of Xue's Manufacturing in his hand. He needs to pay off this part of the loan immediately, and then get the shares back.
For the rest, the initial loan of 20 billion Hong Kong dollars from HSBC Bank, Yang Chen did not plan to repay the money immediately. Apart from the fact that the loan period has not yet expired, the other thing is the money in his hand, which has other uses.
7% loan interest, 20 billion loans, and the interest alone will cost hundreds of millions a year. In the next two years, Xiangjiang Real Estate will plummet, and the money will be enough to buy a building.
Although I feel a little distressed, if I don't spend the money and don't get a loan from HSBC, why should the Dapan Wang fully support him?
Next, Carrefour needs to expand to neighboring Asian countries, and the support of HSBC will be indispensable at that time. The loan is for better cooperation with HSBC.
Everyone has money to make money together, Yang Chen eats meat, and the bank eats soup, so that the benefits can last for a long time.
HSBC Bank restricted his loan usage before, and now that the funds have been remitted, HSBC Bank will definitely lift the restriction on his loan immediately. This is Yang Chen's biggest purpose.
In addition, he did not think about repaying the loan from Standard Chartered Bank.
As one of the two note-issuing banks in Hong Kong, Standard Chartered Bank's position in the retail industry in Hong Kong is much stronger than that of HSBC.
Yang Chen was already salivating at the retail store in the hands of the other party, wishing he could swallow it in one gulp.
This time, he not only wants to get back the CAA shares mortgaged to Standard Chartered, but also wants Standard Chartered to transfer all the retail stores in his hands to himself.
borrow...
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