My 1999
Chapter 1043 Exchange Conditions
"This is gambling. Everyone knows that there are a lot of mines buried under American real estate, but everyone feels that they are not the one who was killed.
So everyone sat down at the gaming table.
Insurance companies believe that even if a real estate crisis breaks out in the United States, more than 30% of debt defaults will not occur because this has never happened in history.
So they feel they are safe.
They sell CDS.
Some investment institutions believe that the U.S. real estate crisis is far greater than expected and will cause a systemic crisis.
So they bought these CDS.
Everyone is betting that the other person will be more unlucky.
As for whether it is supported by real assets, no one cares anymore. "
Humphrey looked at the information, and the more he looked at it, the heavier his heart became. The more he felt that the analyzes he usually saw about American subprime mortgages were all bullshit.
"BOSS, how big is the size of the CDS contract in the United States now?"
A smile appeared on Xu Liang's lips.
"According to our survey, it is 21 trillion US dollars, and it is growing rapidly over time."
Gudu...
Humphrey swallowed and his breathing suddenly became rapid.
His face was full of disbelief.
Last year, the GDP of the United States barely exceeded 13 trillion US dollars.
"BOSS, according to our investigation, the total size of CDOs generated by U.S. home loans and car loans is only US$20,000."
“So, Standard Chartered’s risk control tells you that the U.S. subprime market is dangerous. But they don’t tell you about the crazy growth of CDS.
In other words, these risks have been artificially ignored. "
He looked at Humphrey calmly.
"Now do you still think I'm making a fuss out of a molehill?"
Humphrey swallowed.
"BOSS, can I take this investigation information with me?"
"Okay, but don't say you got it from me."
The rafters at the top rot first.
What Xu Liang wants now is to make a fortune silently.
"OK."
After chatting for a while about Standard Chartered Bank's business, Humphrey left.
Jingle bell bell…
Xu Liang's cell phone rang.
He glanced at the caller ID, a hint of surprise flashed in his eyes.
After thinking for a moment, he pressed the answer button.
Soon, a middle-aged man's voice, rich and husky, sounded in his ears.
"Xu Liang, it's me."
"Second uncle."
"Hey. I heard you arrived in Yangcheng?"
"Yes, I just wanted to take some time to visit you and my second aunt, but I didn't expect you to call me first."
Jiang Weimin, the second oldest member of the Jiang family, currently works in Guangdong Province.
Since Xu Liang is here, it is only right to pay him a visit.
"Haha, this shows that the two of us have a clear understanding of each other. Where are you now? I will send a car to pick you up. Let's have a good drink tonight."
"I'm here in Taihua City. The company has just opened and I just happened to come over for inspection. You have a lot to do, so you don't need to send a car to pick me up. When I finish my work here, I will go to see you. I promise to arrive on time before six o'clock in the evening. "
"This is what you said, am I just waiting for you, Boss Xu, to come?"
"Don't worry, I will definitely have this meal at your house tonight."
"Okay, I'll ask you to prepare for the second trial immediately."
After chatting for a few more words, Xu Liang hung up the phone.
"We just arrived, and the Guangdong Province couldn't wait to come to our door." Li Jinling said.
"It's normal. This kind of thing happens when there are quick hands and slow hands don't. No one wants to fall behind."
The conversation changed.
"Sister Li, go and prepare a box of Maotai for me."
"OK."
After she left, Zhang Junning came over.
"Sister Yuhui wants you to go back tonight, so don't drink too much."
"Don't worry, I know what's going on." He patted her hand comfortingly and said, "By the way, are you waiting for me here, or are you going to work?"
"I'm going to the new Lohas Fitness store to check on the renovation progress."
"Okay, let's go to Xiangjiang together in the evening."
"Um."
——
Three black Maybachs passed through the streets shrouded in orange-red sunset and drove into a heavily guarded community.
Although Xu Liang, who had been with Jiang Xiaoyang several times before, had not been here for a year or two, he still could not find the door.
As soon as I parked the car and opened the door, I saw a young man wearing a white T-shirt, black trousers, and gold-rimmed glasses, walking quickly out of the villa.
"Second brother?"
"Xu Liang."
After saying hello.
"Second brother, why are you at home?"
Jiang Xiaoping smiled and said: "I just have two days off to come back and take a look. Come in quickly."
"Why."
Open the door and enter the house.
Jiang Weimin and Su Hong were already waiting at the door.
"Second uncle, second aunt."
"Xu Liang is here, come in quickly."
The couple enthusiastically welcomed him into the living room.
Huo Gang, who came in later, also brought in the gifts he had brought.
Su Hong: "Come on, why do you bring so many things?"
"It's not worth much. And I don't drink much, so these things are wasted on me."
"Xu Liang, we are a family, there is no need to be so polite. You will not be an exception next time." Jiang Weimin said.
"Haha, it won't happen next time."
"Sit down, I'll pour you some tea." Su Hong entertained her attentively.
It is filled with the strong aroma of tea.
"Xu Liang, why are you here in Yangcheng today?" Jiang Weimin asked.
"Of course the main purpose of inspecting the newly opened Taihua City is to discuss the equity transfer of Guangdong Development Bank."
Understanding flashed in Jiang Weimin's eyes.
"Dad, Xu Liang is a member of our Jiang family. You should help us more with Guangdong Publishing House." Jiang Xiaoping said with a smile.
“You don’t have to say that.
Xu Liang, you know more about Guangdong Development Bank than I do. The three bidding parties, Standard Chartered and Industrial Bank, are still weaker than the consortium led by Citigroup. "
“It’s a little weaker, but the difference is not big.
And compared to Citigroup, Standard Chartered is half of its own. "
Jiang Xiaoping asked curiously: "Xu Liang, how much equity in Standard Chartered do you have now?"
Although Standard Chartered is a listed company, its shareholder list is disclosed to the outside world.
However, the Standard Chartered shares held by Hongyan are covered with a layer of shell. Unless a careful investigation is carried out, it is difficult to find out the true shareholding situation.
Looking at the curious eyes of their family, Xu Liang smiled.
"Almost half of the shares are held."
A hint of shock flashed in the eyes of Jiang Weimin and others.
With a series of acquisitions, Standard Chartered's market value has exceeded US$27 billion.
Half is $18.5 billion.
Although Xu Liang has long been known to be rich, 18.5 billion US dollars is too much.
Seeing this, Xu Liang smiled and said: "Not all of Standard Chartered's equity is in my personal hands, most of it is held by private equity funds under Hanhua, so although I have control, I do not own the ownership of these shares. "
Jiang Xiaoping, who was inexplicably relieved, smiled.
“Even just having control is amazing.”
"Xu Liang, can you really make the decision at Standard Chartered Bank?"
After nodding affirmatively, Xu Liang continued.
"My time and energy are very precious. If I can't make the decision, there is no need for me to work on Standard Chartered matters."
Jiang Weimin understood and then.
"Xu Liang, we are a family, I won't hide it from you.
For Guangdong Development Bank, the province prefers a consortium led by Citibank.
Of course, you don't have no chance.
The premise is investment. "
Xu Liang smiled and said: "A BOE panel production line?"
Jiang Weimin: "I knew you must have expected it."
"Everywhere I go, the person who comes to visit me will definitely be the local government. You don't have to guess."
"You can't blame everyone for this. You just spent 20 to 30 billion. In less than half a year, more than 100 billion Chinese dollars were spent. Moreover, it is the high-tech investment that various places are most eager to introduce.
After so many years of reform, China has never introduced such large-scale high-tech investment.
Anyone who has pursuit will not let you go. "Jiang Weimin laughed.
"Oh, if I had known I would have kept a lower profile."
"Come on, are you doing anything low-key?"
"Second uncle has wronged me."
Mainly because of Xu Liang's current status, the business that requires his personal presence cannot be small.
"What do you think? Think about it? As long as you agree to put a line in Yangcheng, Guangdong Development Bank will give it to you immediately." Jiang Weimin said.
"Second uncle, if I agree, I will suffer a huge loss."
"What's the meaning?"
“Think about it, according to domestic banking laws, foreign investment institutions cannot hold more than 20% of Hua Xia Bank’s equity. Add in the equity held by Hanhua, and the total is 40%.
Guangdong Development Bank's controlling stake is in the hands of other institutions.
Now I am left alone to dig out my heart and lungs, and they will get all the benefits. There is no such thing in the world. "Xu Liang said directly.
"That's what I say, but if you don't take action, I'm afraid you won't have any share in this Guangdong issue."
Xu Liang certainly knew this.
If the news of his generous spending had not spread, Guangdong Province would have signed a contract with a consortium organized by Citigroup.
In the past period of time, he also received many insidious calls from Guangdong Province.
He has been putting off replying directly because he really couldn't bear to publish it widely.
And also came up with a solution.
"Second uncle, I have a good idea here. Do you want to listen to it?"
Jiang Weimin nodded quickly.
"Actually, it's very simple. Guangdong Province just needs a little more leverage."
"What chips?"
"Gree Electric.
As long as the Guangdong Province persuades Haizhu to sell me the equity of Gree Electric, while maintaining the status quo of Gree Electric, I will invest US$4.5 billion in Haizhu to build a 12-inch, 10-wafer-per-month, 45-nanometer process. of large chip factories. "
Gree, run by Ms. Dong, is one of the most promising companies in Guangdong Province.
It is also the top white goods brand in China.
With it, together with Supor and Kunlun Technology, Xu Liang will be able to form a super electrical appliance company that spans both white and black electricity, laying a solid foundation for the realization of future smart homes.
"Chip factory?"
Xu Liang nodded and said: "Hanhua is ready to acquire SMIC. The two parties have initialed an agreement and are discussing some details. It will be announced in a month at most."
Surprise appeared on the faces of the Jiang family.
Jiang Xiaoping reacted quickly and said.
"Xu Liang, Xiwu has a very strong chip foundry foundation. If you acquire SMIC, don't mess with us."
He is now working in the Wuhan Government Department. If he can lead a huge investment project, he will make a lot of money.
"Second brother, we are a family, and of course I will not forget you. However, I have arrangements for SMIC's wafer factory, and I may not be able to take care of Xi Wu in a short time.
But Hynix will invest in a new chip factory in two years, and I will definitely take care of you then. "
Jiang Xiaoping said happily: "It's settled, no regrets."
"I will definitely not regret it."
"Haha, what a brother." After patting Xu Liang on the shoulder, he turned his head and said, "Dad, I think Xu Liang's request is very reasonable.
He acquired Gree, and the employment and profits and taxes remained in the local area.
A chip foundry worth $4.5 billion has driven a high-tech industrial chain of hundreds of billions.
Although the factory is located in Haizhu, Haizhu is also a prefecture-level city under the jurisdiction of Guangdong Province, and the meat has been rotten in its own pot."
After a brief thought, Jiang Weimin said, "Xu Liang, is this your final plan?"
"Yes."
"I understand. I will report to other leaders tomorrow. As for the final result, I will notify you again."
"Second uncle, can you please not report to other leaders in the province first? I have some other arrangements."
"Other arrangements?"
"I have won such great benefits for Ping An and Hua Petroleum, so of course they have to repay me well."
Jiang Weimin was stunned, and then laughed.
"You are such a glutton, greed is written all over your face. But we are a family, so I agree. But it can't be too long."
"Three days at most."
"Okay."
You'll Also Like
-
Fishing Druid in Another World
Chapter 480 1 hours ago -
Star Lords: My Starfleet is a Billion Points Stronger
Chapter 344 1 hours ago -
I signed in to the Ice Emperor Palace at the beginning, and I became invincible!
Chapter 882 1 hours ago -
At the beginning, he had a very high level of understanding, and quietly cultivated himself to becom
Chapter 122 1 hours ago -
The Witch of the Roll Never Gives Up
Chapter 274 1 hours ago -
New Shun 1730
Chapter 991 2 hours ago -
Villain: I forcibly marry the protagonist's master at the beginning, I am invincible
Chapter 445 2 hours ago -
Siheyuan: Qin Huairu relies on me
Chapter 357 9 hours ago -
Reborn Naruto: Starting with its own system
Chapter 301 9 hours ago -
Can I become the Yu-Gi-Oh by summoning the Flame Swordsman?
Chapter 285 9 hours ago