Rebirth of the Strongest Tycoon
Vol 2 Chapter 570: Huge deficit
Rebirth of the Most Powerful Henry 570 Author Huang Lao wet Full text number 2573 words
(For a while, the name of the last chapter was wrong. The president of Hang Lung Bank is Zhuang Rongkun. It has been revised. Please forgive me.) After Lu Yuesong left, Zhuang Rongkun, who was in a bad mood, always felt that something was wrong. He backed his hands to think for a moment and suddenly asked "How many holes are there in gold futures now?" Zhao Quanhao looked at him, and the figure that kept him awake all night for months appeared in his mind. He truthfully replied: "There are still 178,000 ounces of holes that have not been filled. Qi." "Our bank sold a total of 354,000 ounces of gold futures contracts, and now it has purchased 176,000 ounces. If Lu Yuesong's 10,000 ounces contract is delivered, only 166,000 ounces are left in hand. The contract is signed." "A hole of 178,000 ounces?" This number makes Zhuang Rongkun look very ugly. He also knows what caused it in the past two months, that is, he previously misappropriated the money from the customer to purchase the gold futures contract and did not make it in time. Buy the same amount of London gold contracts. Originally, the money is in the hands of their banks, and how it works is their business. Generally, there is no problem. Similar things have not been done before. Many banks have this situation, as long as they go back later. What's more, Hang Lung Bank, their market maker holds 80% of the equity, and other shareholders cannot interfere with them. It’s just who knows that the sudden change in the international situation caused the international gold price to soar. Because the loan of 500 million yuan was previously granted to Jiuding Real Estate Group, the bank’s funds were tight, so there was no time to make up the London gold contract in time. After that, the international gold price soared. He once again squeezed out 190 million Hong Kong dollars to make up the London gold contract, but only bought 115,000 ounces. If the 190 million Hong Kong dollars were purchased from the London gold contract at the beginning, it would be enough for 169,000 ounces. However, after the international gold price rose higher and higher, Zhuang Rongkun could not spend so much money to replenish the goods. Even if he took it out, he was reluctant to replenish the goods. Instead, with a fluke mentality, he expected that the international gold price would plummet when the price was lower. Replenishment. Anyway, Hang Lung Bank already has more than 100,000 ounces of gold futures contracts and bought more than half of the total sales volume. He does not believe that more than half of the customers will deliver gold futures at the same time. Zhuang Rongkun was very uneasy when he thought that a large number of gold futures contracts came out at a close time. He had worried before, but he hadn't seen any movement and he slowly ignored it. Unexpectedly, there would be someone suddenly today. Come out for delivery. I just hope this is just an accident! He was worried, and asked Zhao Quanhao: "What is the international gold price now? How much does a hole of less than 178,000 ounces cost?" Zhao Quanhao replied with a trembling voice: "Yesterday the price of London gold was 512 US dollars/ About ounces, it would cost 91 million U.S. dollars to make up, which is about 420 million Hong Kong dollars." "How much?" "420 million?!" After Zhuang Rongkun was shocked, he fell silent, thinking about the original gold futures collection. , His face became very ugly. "So we have lost 300 million yuan in the gold futures business?" Facing Zhuang Rongkun's questioning, Zhao Quan was sweating like the rain but he did not dare to say anything. Although the source of this cause was that Zhuang Rongkun misappropriated funds, Zhuang Rongkun is the president. As a subordinate, if he argues, it is his fault no matter what. Anyway, the bank is not his. He should lower his head and remain silent. If he is a big deal, he will be scolded, and he will pass. The more Zhuang Rongkun thinks, the more his heart trembles, his loss of 300 million yuan! How to fill this pit! And if the international gold price continues to rise, this pit will not only be 300 million, it will get higher and higher! As the president of the bank, he is very clear about the current situation of Hang Lung Bank. Let alone 300 million Hong Kong dollars, after paying Lu Yuesong's 23.35 million, the current capital is only 120 million Hong Kong dollars, which is not enough to fill the 300 million loss hole. As for the current gap of 420 million in gold futures, it is impossible to fill it! If all of Hang Lung Bank’s gold futures contracts were to be delivered, after Hang Lung Bank had to sell the 176,000 ounces of contracts it held, it would have to give out another 420 million to customers, even if he was killed! What a big thunder! No way! This news must not be leaked out, otherwise customers who buy gold futures will definitely be rushed for delivery, then Hang Lung Bank will be unlucky! The most important thing now is time. There is enough time for him to raise funds, increase his ability to resist risks, and then do the accounting work step by step, and finally fill in the pit, so that the storm will disappear silently. Zhuang Rongkun thought a lot and thought of a way. But this matter has to be shut up. Thinking of this, Zhuang Rongkun looked at Zhao Quanhao faintly, seeing the latter's heart straightening. "Xiao Zhao, keep your mouth tight, you must never let other people know about this matter, do you understand?" Zhuang Rongkun said with a stern look like a knife. Zhao Quanhao nodded like garlic, and promised: "President, I promise to be tight-lipped!" "Yeah!" "Keep busy, and report to me as soon as possible!" Zhuang Rongkun nodded slightly. "Yes!" Zhao Quanhao raised his head and answered loudly, secretly breathing a sigh of relief, and finally passed this level. It's just that Zhuang Rongkun and Zhao Quanhao were too lucky, or deceived themselves. Not long after Lu Yuesong left, Zhao Quanhao reported that he hadn't finished a cup of tea in the office, and another major client came to deliver gold futures~www.readwn.com~ This time the volume was even larger, reaching 12,000 ounces. The current price is more than 28 million Hong Kong dollars. Zhao Quanhao panicked immediately, and immediately reported to Zhuang Rongkun after stabilizing the incoming person. After Zhuang Rongkun received the news, his heart was shaken, and a cloud quickly formed in his heart. Intuition told him that it was worse! However, he still had a fluke mentality and tried to cover the lid first to gain time to raise funds. Therefore, in the face of large customers' request for gold delivery, although the time was delayed, he finally agreed to the delivery. On the other hand, he immediately asked Zhao Quanhao to arrange for a seller of the 176,000 ounces of London gold futures contract currently worth 414.5 million. After raising HK$414.5 million, the ability to deal with half of the gold futures contracts will definitely dispel the doubts of gold customers, and then proceed slowly. Of course, there is another possibility that Zhuang Rongkun didn't dare to think about it, and he didn't want to think about it. It's a pity that a nightmare is coming. In the next two days, Zhuang Rongkun experienced the excitement of riding a roller coaster. Customers who came to deliver gold futures one after another, Hang Lung Bank’s 120 million cash was quickly emptied. Just when he was anxious, the 176,000 ounces of London gold futures contract he held was eaten up, and Hang Lung Bank received a cash of over 400 million yuan, and he was finally able to take a sigh of relief. But in the face of a steady stream of large customers demanding delivery with large gold futures order contracts, Zhuang Rongkun could only endure tremendous pressure while smiling face to face and persuading with a smile, trying to dispel the delivery ideas of large customers. But without exception, they all failed, and in the end they could only grit their teeth and give money. Liu Tianci started, naturally it is impossible to target the Hang Lung Bank. Ka Wah Bank, not far from the headquarters of Hang Lung Bank, is also facing the same situation. As soon as it fell, the two well-known banks in Hong Kong were in a dilemma. PS: Ask for recommended monthly tickets and subscriptions.
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