Reborn Tycoon Rise

The price of satellites is very expensive, but even if you place an order now, you only need to pay part of the deposit. The remaining bulk will not need to be paid until at least two years or even longer. For the time being, this is not much. economic pressure.

What's more, when doing business in modern society, if you can use other people's money, there is no need to use your own. Reasonable use of bank funds is a necessary factor for successful development. Otherwise, no matter how powerful a person is, he can't do it on his own. may develop.

…

June 20, morning

Standard Chartered Bank Headquarters Building, in the Chairman’s Office:

"Sedes, good morning." Xu Zhi greeted politely and smiled.

Sides smiled and said: "Xu Sheng, please sit down."

After the two sat down, Sides said politely: "Xu Sheng, I wonder what you would like to drink?"

"Just coffee." Xu Zhi said to the secretary next to Sides.

After the secretary left, Sides said with a smile: "Xu Sheng, Bank of East Asia has been very prosperous in recent times."

"It's just the acquisition of a small bank, and it's not that great." Xu Zhi shrugged and said indifferently.

Sides smiled and said: "Xu Sheng, Hang Lung Bank is ranked in the top twenty in terms of scale in the entire Xiangjiang. I didn't expect that in your eyes, it is only a small bank."

"It only ranks among the top 20 in Xiangjiang. No matter how economically developed Xiangjiang is, it only has a population of 5 million." Xu Zhi shook his head and said.

Sides nodded: "That's true. Many wealthy people in Xiangjiang have been obsessed with how to dig gold in this city. Only Xu Sheng has set his sights on the whole world."

"It's too easy to make money in Xiangjiang. I guess they won't be able to make money if they go out." Xu Zhi said with a smile. Many of the rich people in Xiangjiang have become accustomed to Xiangjiang's unique business model, especially the real estate industry, which has attracted the attention of all capital. , those who run ships, open factories, and engage in trade, how can they make money in real estate and finance.

Therefore, in Xiangjiang, smaller capital is playing real estate, and larger capital is playing financial and industry monopoly. Although the current real estate crisis in Xiangjiang has caused considerable losses to the real estate industry, what has been lost has been lost long ago. Xiangjiang has already lost a lot of money. It is difficult to return to the past era when the industry flourished.

The assistant came over and put the coffee away. Sides smiled and said: "Xu Sheng, this is the coffee I asked for from the vice president of illy company in Italy. How do you like it?"

"It smells pretty good." The strong smell of coffee made Xu Zhi also interested.

After taking a sip and enjoying the silky smoothness, Xu Zhi praised it and said: "It tastes very good too."

"Haha, Xu Sheng, as long as you like it, I'll ask my assistant to send some to your company this afternoon." Sides said with a smile.

"Thank you very much." Xu Zhi said with a smile.

After Siders finished half of his coffee, he asked: "Xu Sheng, I wonder why you came to our bank in person today?"

Xu Zhi put down his coffee and said formally: "Sedes, if I mortgage Midea's electronics to Standard Chartered Bank, how much money do you think Standard Chartered can lend me?"

"The whole beautiful electronics?" A strange look flashed in Sides' eyes: "From Xu Sheng's tone, it seems that there has been a big move recently!"

Xu Zhi just smiled and didn't explain anything.

Sides made a quick calculation in his mind and said: "If it is the entire Midea Electronics, the scale of this mortgage has exceeded my authority. It must be approved by the British headquarters, but I estimate that the loan amount will not be low. At HK$10 billion.”

Although Xu Zhi acquired Bank of East Asia, it is only a local bank after all. It is not a problem to handle Xu Zhi's internal funds in Xiangjiang. However, if it involves overseas transactions, Bank of East Asia obviously does not have such resources and channels.

Therefore, a large part of Midea's electronic foreign trade is responsible for Standard Chartered Bank. Although he does not know everything, from the known transaction data, Sides already knows how terrible Midea's annual profits are.

A loan of HK$10 billion is not the maximum value of Midea's company, but the maximum loan limit of Standard Chartered Bank under normal circumstances.

It’s not that banks don’t have money, it’s that they don’t dare. Although Standard Chartered Bank has experienced continuous losses in its internationalization over the past few years, Standard Chartered Bank at this moment is still a large-scale bank located in five states around the world, with total assets under management of up to 40 billion U.S. dollars. bank.

But the assets under management are not equal to the assets of the bank. In fact, Standard Chartered’s market value is only over 2 billion US dollars. Therefore, there will be certain restrictions on external loans. Otherwise, if the amount of the loan exceeds the market value itself, once something goes wrong , which is a devastating blow to the entire bank.

This kind of insurance measure is not only applicable to Standard Chartered Bank. Many banks around the world have such restrictions. Some are required by law, and some are the banks' own risk control mechanisms.

In fact, especially some large banks, when it comes to huge loans, they like to form joint banks with other banks in order to reduce risks.

"10 billion Hong Kong dollars is almost 2 billion U.S. dollars." Xu Zhi quietly calculated. At this moment, the exchange rate of the U.S. dollar against the Hong Kong dollar was 1:5.2.

Sides also heard this and asked, "Xu Sheng, what are you going to do with this money?"

"My people are in contact with the Disney Company in the United States and are preparing to acquire Disney in an all-cash manner, so they need funding from international banks." Xu Zhibing did not hide it and dragged out all his acquisitions because he would not be able to get a loan from any bank. , involving such a huge amount of funds, the bank must do a good job in risk control, and it is impossible not to inform the bank of this information.

"Disney!" Sides was also shocked and speechless. In the entire West, no one knew the name of Disney. Even their generation grew up watching Disney cartoons, and as long as the financial conditions are good, families , basically all of them have taken their children to Disneyland.

This is one of the symbols of Western culture. It is unexpected that it would be acquired by an Asian.

However, Sides is a successful businessman. In just a few seconds, he immediately blocked all messy thoughts, because there was a big deal in front of him that was rare in ten years. Once completed, Standard Chartered's profits could reach hundreds of millions of dollars. .

Sides continued: "Xu Sheng, this Disney is a symbol of American culture. How sure are you that you can successfully acquire it?"

Large-scale loans from banks are not so easy to lend, because under normal circumstances, except for the funds needed for their own operations, everything else will be loaned out as soon as possible, otherwise the loss of interest will be very large.

When a huge sum of money needs to be lent, the bank must start preparations very early. If the customer's merger and acquisition fails, the bank will also suffer interest losses and possible profits for a long period of time.

In some cases, in order to obtain a loan, the customer will sign a special agreement. If it fails, the bank will receive compensation. But after all, this is not the purpose of the bank. The bank hopes that this kind of business can be successfully completed. Therefore, it is necessary to understand the probability of successful merger and acquisition by the customer. It is also one of the information that banks must understand.

Xu Zhi said with a smile: "Although it is not 100% sure, it can still be successful seven or eight times. In the United States, I also have some strong business partners participating in this merger and acquisition."