368 Jianing's Dilemma (2)

(I don't know how to mess up the content at the beginning of the previous chapter, but it's just a narrative, and it doesn't affect the reading)

Although Chen Songqing got rid of the direct relationship with Yida Investment, the absconding of Yida's chairman and Jianing's financing plan still made everyone lose confidence in Jianing.

In the Hong Kong Exchange, countless shareholders hold Jianing's stocks and bonds, they no longer care about the price, they just hope to be able to get rid of it as quickly as possible.

But now everyone knows the situation of Jianing, who is willing to take the order and take this risk, and in the end, countless bankrupt shareholders who lost money gathered together, blocked the entire exchange, and asked the government departments to come out and explain.

In terms of the media, although the problems between China and Britain are still the focus of the report, and various experts have appeared in succession, there are still a large number of media paying attention to the situation of Jianing, a giant with a market value of as high as 5 billion Hong Kong dollars, once it collapses, the financial fluctuations it produces are enough to affect tens of thousands of people.

Jianing Headquarters:

Chen Songqing is holding an emergency meeting, and those sitting in the conference room are recruited from overseas by Chen Songqing at a sky-high price, and the reason for the sky-high price is because such a big scam cannot be operated by him alone, so the people involved in it must know the specific situation, and if they are not retained at a high price, they will only have endless troubles, and recruiting people from overseas is also considering that these people do not have enough personal relationships in Xiangjiang and will not disclose the company's important secrets at will.

Of course, these people also have a certain level, basically they are all graduates of famous universities, and they have enough experience in large overseas companies, and Chen Songqing can also be regarded as treating people with courtesy and giving them enough benefits in all aspects.

In the end, these people and Chen Songqing formed an interest group, and one prospered and the other lost.

"What is the reaction of the major banks that we are working with Jianing now?" Chen Songqing asked worriedly. He didn't pay attention to the group of shareholders outside making trouble, what really worried him was the cooperative financial institutions and some project cooperation companies.

Jianing's liquidity difficulties will be very concerned about the banks that have loan cooperation with it, especially some banks with stocks as collateral or unsecured banks, they are more worried that this matter will cause a greater crisis.

"Chairman, at present, there are more than 70 banks that cooperate with us, and there are 16 banks involving funds of more than 100 million Hong Kong dollars. A man with glasses on Chen Songqing's right hand side reported: "However, the Bank of East Asia has made it clear that it will not approve the third tranche of the loan fee for the Jianing Centre Building, unless we add another HK$500 million worth of collateral." ”

Jianing Center Building is a super building to be built after Hongkong Land and Jianing bought the Hilton Hotel owned by the original Hutchison Whampoa Company, and then blasted and demolished.

However, due to many legal factors, the foundation stone was not laid until the beginning of this year, and in order to quickly return to the cost, Hongkong Land and Jianing arranged thousands of construction workers to build the building in shifts 24 hours a day and night, and the original plan was to complete the construction in mid-83.

But the plan can't catch up with the changes, and throughout 82 years, house prices have been in a state of decline, and the Iron Lady wrestling incident at the end of September has led to a bloody collapse in the real estate market.

At the peak of the land price, Jianing and Hongkong Land invested heavily to buy this land, and also spent hundreds of millions of Hong Kong dollars to demolish the original Hilton Hotel, and now that the land price has plummeted, the project can no longer have any possibility of profitability, even if the construction of the building is completed in the middle of next year as planned, the number of losses may be as high as hundreds of millions of Hong Kong dollars.

But the project still has to be completed, completed, just a loss of hundreds of millions, if not completed, billions of Hong Kong dollars are trapped in the project, in the current economic environment, once the bank forced debt, any company has to be finished.

"500 million!" Chen Songqing frowned, now Jianing's stock price has fallen to the bottom, not to mention re-mortgages, some companies that use previous stocks as collateral to lend Jianing funds are not bad if they don't come to ask for debts.

After a moment of silence, he continued: "What do you say about Hongkong Land? Hongkong Land also has half of the shares in this project!"

The man with glasses shook his head and said, "Hongkong Land has also been asked by the Bank of East Asia to increase collateral, but we don't know how Hongkong Land will deal with this matter yet." ”

Chen Songqing nodded and said, "Okay, I will personally discuss this matter with the senior management of Hongkong Land and the Bank of East Asia, so you don't have to worry about it for now."

At present, the company's situation is also clear to you, the current Xiangjiang, the arrival of the economic crisis is inevitable, and our Jianing debt is extremely high, so I hope you can work together to tide over this difficulty. ”

The glasses man and a group of people around him immediately responded and said that they had earned several times the previous salary in Jianing, so they naturally didn't want the company to fall.

The man in glasses asked, "Chairman, what should we do next?"

Chen Songqing said: "I will find a way to mobilize another amount of funds from Southeast Asia, but Jianing currently owes too much debt and needs more funds."

So I hope you can use your connections to secure new sources of financing for your company. Whether it is a bank in Hong Kong or an overseas bank, as long as you can get a new loan, I can give you a reward of 2% of the loan amount. ”

"2%!" everyone was stunned, just a loan of 100 million Hong Kong dollars, you can get a bonus of 2 million, although Xiangjiang is now in financial difficulties, but no matter when, banks need to find loan customers, as long as they take out a part of this 2%, they may not be able to gain something.

Chen Songqing saw everyone's expressions and knew that his words had an effect, so he said again: "In addition to financing, the company also needs to clean up a large number of its non-core business branches, or sell some properties to return funds." ”

Since the listing and financing of Jianing Group in 79, it has used stock market funds and various loans to carry out desperate expansion in Xiangjiang, and in just two years, Jianing has controlled more than 100 branches, involving dozens of industries.

However, the companies that were annexed in the first place to expand their scale have now become a burden, and in order to survive, they can now only be sold on a large scale for cash.

The meeting was held for another time, and Chen Songqing arranged a few important things, and then made an appointment with Bao Fuda to go to the Peninsula Hotel for negotiation.

If it was before the crisis, Chen Songqing would inevitably open the road with a luxury car, choose the presidential suite to meet each other, and meet with many business giants, he will inevitably be photographed by the paparazzi, so as to further build momentum for the company, but now he has been chased and beaten by the media, so he naturally keeps a low profile.

"The Bank of East Asia is asking you and me to jointly increase the collateral or repay part of the loan early, Bao Fuda, what do you think? Chen Songqing took a sip of red wine and asked.

Bao Fuda said: "Nowadays, the price of land in Hong Kong has plummeted, and all the companies have been affected, although Hongkong Land can take out the money, I still hope to go to the senior management of the Bank of East Asia to discuss it, after all, at this time, everyone is not having a good time, the bank is too tough, and in the end, everyone will just break up." ”

Since ancient times, there has been a saying that "it is the uncle who owes money", and in the business world, in general, the bank is strong, but when you owe enough money, you are still the uncle.

In particular, some small banks, if there is a big problem with the real creditor's funds, I am afraid that it will become more nervous, because once the information is leaked, the company that owes money can hold on for several months even if it is troublesome, and once the small bank is run, it is estimated that it will not last for two days.

Chen Songqing smiled and said, "Okay, then let's ask Xu Zhi to come out and talk together!"