Chapter 648: For Freedom
The top 30 international banks all refused to lend, which gave Hu Wenhai a hint of conspiracy. Pen | fun | pavilion www. ο½ο½ο½ο½ο½ο½ γ ο½ο½ο½ο½
With a mortgage loan for a high-quality project such as IGCT patents and Heung Kong Wafer Fab, it is certain that it will definitely be a profitable business, regardless of whether the loan is repaid or not.
Will the capitalists refuse profit?
There may be capitalists who will refuse profits, but there will never be bankers who refuse profits.
As the main bank, Dazhong Bank has fallen into the trap for a big customer like Mr. Hu, which is already a very surprising thing. Now that 30 large international banks have unanimously refused to lend, Hu Wenhai does not need to think much about it, and there is only one place that can do this - Wall Street.
The big and medium-sized banks must have already sold themselves.
This kind of thing is obvious, but Mr. Hu was blinded by the lack of domestic funds and eagerness to achieve results, and did not find the danger behind Huang Zongrui's suggestion.
The biggest risk of hitchhiking is that the dealer lifts the table. At the first long node, Wall Street naturally had no way to take him. The outbreak of the Gulf War is in the hands of Saddam, and the panic in the oil market is the general trend, and no matter how much Wall Street sits on the bank, it is impossible to go against the entire market.
The only thing Wall Street can decide is where the end point of the oil rise is, but it does not dare to stop the potential energy of the oil rise. And Hu Wenhai has long been invincible through the secret early opening of positions.
Wall Street at this stage, there is nothing to do with him.
However, the problem is that he has been pecked blind by house sparrows all his life. Who would have thought that Mr. Hu, who has always fooled people, would be fooled one day?
When he entered the market again in a desperate gamble that the price of oil would fall, this time the market trend was no longer the general trend, but the current trend created by Wall Street.
In the final analysis, the decline in oil prices is caused by the exhaustion of upward momentum on the one hand, and the release of oil reserves by the United States on the other hand.
Whether it is the former point or the latter point, it is possible for human manipulation.
Wall Street gave Mr. Hu a vivid lesson in financial risk this time.
Of course, although he was a little annoyed in his heart, Mr. Hu did not want to seek death and life because of this.
Even if you lose all this money, it is not a big deal to buy a lesson. It seems that the expectation of $70 billion, the principal of more than $10 billion, is really a lot of capital. But in fact, don't forget that what Mr. Hu really invested from the beginning was only three billion US dollars.
This amount of money cannot be said to be small, but for the ST Group, it is far from a nerve-wracking injury. As long as Hu Wenhai is in need, in fact, he can make up for it from other directions in minutes, and it will not have any impact on the business of the successor.
Then again, of course. Although the 50 billion yuan was not earned, Mr. Hu had already regarded it as money in his pocket, and he didn't know how many times he had planned to distribute it in his mind. Now that I see such a large sum of money flying, it is impossible not to feel distressed.
If you can have this money, you really need to showmethemoney!
It's just that I'm going to cry if I'm distressed, okay!
Hu Wenhai, who was dripping blood in his heart, couldn't hold back in front of Chen Fa, frowned in annoyance, and said without saying anything.
"Secretary Chen, take a look at the foreign exchange resources that the group can use immediately, and give me a statistical ......."
"The U.S. company has $380 million available on its books, and the foreign exchange balance of the American branch of ST has $200 million of self-use funds. In addition, we have about US$120 million in foreign exchange deposits with the Bank of China. The other is the balance of the long positions of large and medium-sized banks, with commercial deposits of $1.25 billion. Basically, that's what we're going to be able to mobilize right away, which is $1.95 billion. β
"Then ......"
Hu Wenhai raised his hand and hesitated.
Then he let out a long sigh and put his hand down again.
"Don't touch the money, and then go to other banks to ask about the intention of borrowing. If a group of other banks formed a banking syndicate, it would be possible to raise sufficient funds. β
It is very dangerous to use the company's working capital. Many companies are clearly doing well, have a bright future and have a healthy system, but they are only short of liquidity, and they are facing bankruptcy if they cannot repay their debts. In the end, I don't know how many companies were taken away from the founders at a very low price.
Hu Wenhai believes that with the current level of attention of the new technology group, if he really dares to siphon out the group's funds, Wall Street's methods will immediately escalate.
The temptation to get rid of the new technology group is too great.
On the other hand, although it is impossible for Wall Street to control all the commercial banks in the world, there is not much time left for Hu Wenhai. The formation of a syndicate of banks inevitably involved negotiations, but the price of oil rose to $43 in an instant.
To complete the formation of a bank syndicate in such a short period of time is an almost impossible task for a Chinese company.
Hu Wenhai's cost of going long in the early stage was 3 billion, and he earned about 12 billion. Then he put 8.1 billion yuan into this operation, signed an insurance contract of 2.45 billion yuan, and after deducting the cost of various taxes and expenses, he only had 1.25 billion yuan left in the balance of Dazhong Bank, and actually lost 1.75 billion yuan of funds compared with the initial investment.
Thankfully, Hu Wenhai never used the 10x leverage provided by Dazhong Bank, but maintained the leverage at 5x.
This gave him a chance to breathe, and he was not immediately beaten back to his original form.
......
Just when Hu Wenhai was anxious, it was still the last private club, and it was still the endless forest outside the floor-to-ceiling window.
In the same place, on the same piano and with the same player, drinking the same wine.
But the mood of the three traders at this party was completely different.
"Cheers!"
"Cheers!"
"Hey, wait a minute. β
"I feel that before drinking this wine, we should pay our respects to the brave American soldiers who died at Hayfji. β
Thomas raised his glass and said abruptly: "They sacrificed their lives to protect the great free world, and they cannot but be admired." To the warriors, to the freedom!"
βFreedomοΌβ
The three of them raised the wine glasses in their hands together, and drank the wine in the glass with serious faces.
After drinking this glass of wine, Vincent took the lead and laughed.
"I propose to have another drink, for the sake of our opponent, the poor fate of China's Hu. After this time, I'm afraid his position as the richest man will be handed over, right?"
"Haha, let him sit in this position. Leonard laughed: "It's too easy to target in this position, and my boss isn't interested in it at all." β
"It's a pity, I didn't expect Hu Wenhai to hold back and not use ten times the leverage, otherwise we would have been counting the money now. β
"What does it matter, a day earlier, a day later. β
"yes, it's only a matter of time before the price of oil rises to $43, and he's dead this time. To be able to break the myth of Hu, I think your position in the market can go one step further. β
"Thomas, aren't you too? From now on, the oil market will depend on the faces of the three of us. β
"Hey, that's wrong. β
Leonard shook his head and said, "It should be based on the face of our boss, or half of the face of the president of the United States." But anyone else has never had the opportunity to be a bookmaker again. β
"Yes, from now on, oil will belong to the United States. β
The three of them drank the wine in the cup happily, imagining the majestic scene of calling for wind and rain in the oil market in the future, which was really full of pride and pride. At this moment, Vincent suddenly sighed.
"Speaking of which, this time it's really dangerous. If Thomas hadn't come up with this solution, and the Chinese would have robbed us of one-third of our profits, the actions planned by the bosses might have lost a lot. β
"yes. Leonard nodded fearfully: "I don't know how many people will be thrown into the sea and how many will jump off the building." β
Thinking of this, the two sincerely said together: "Thomas, you are the real hero of the free world!"
"I just came up with an idea, and I couldn't have done anything without the support of the bosses behind me. β
Thomas glanced at the two of them left and right, and said with a smile: "The top 30 banks in the world jointly refuse to lend to the ST Group, and the credit loss of large and medium-sized banks must also be compensated by the business from Wall Street." I can't open up the channels of relations with the US military and influence the development of the situation in the whole world. β
"It's a pity that the above vetoed our proposal to attack Grumman, and only caught the Xinke family, and the loss only slightly made up for the part that Grumman earned. β
"At the end of the day, our earnings will definitely still suffer, and we will be down about $8 billion from expectations. β
"It's okay, if you don't do it, do you think that no one really has any suspicions about Hyfji's affairs? β
"Hehe, maybe the Chinese think that Grumman can really be trusted? β
......
"Grumman rejected our dismantling? Well, it seems that I was naΓ―ve. β
Hu Wenhai's face was gloomy, and he crossed out Grumman's plan on the paper. At this time, there were only a few lines of text left on this piece of paper, which had not been erased.
But these programs at the bottom of the list are obviously channels with a low success rate.
Seeing that the price of oil is starting to cross the $42 mark, and there is any news in the market, the oil price is likely to cross $43 at any time.
Hu Wenhai simply threw the pen on the table and stopped thinking about these questions. It's just a little over a billion dollars, so it's a loss.
It's just that I'm really unwilling!
"Mr. Hu, I wish the president wants to see you. β