543. The Heung Kong Consortium cashed out HK$160 billion
Recently, Shatian Group has been going very smoothly in Malaysia, especially in the work progress of the military and the police, Chen Hui is very satisfied, and has established a lot of forces there, and has penetrated into the police, among the military team, senior soldiers, and many policemen have joined the Shatian company.
Thinking that he was about to go to Malaysia to start his own money printing machine, Chen Hui couldn't help but be a little excited.
Now Malaysia is in turmoil, all kinds of assets have plummeted, domestic public opinion is boiling, and Malaysian banks are in crisis and facing collapse at any time. Malaysia's pensions are currently struggling to be paid, and panic is constant.
Now is a good time to buy the bottom of Malaysia, the Heung Kong Consortium is currently well funded, and has just cashed out assets worth more than 160 billion Hong Kong dollars, paid in a variety of different currencies, and the receiver is Singapore's sovereign fund.
Counting the previous cash of more than HK$60 billion, plus 20 billion assets cashed out elsewhere, a total of HK$180 billion was cashed out, and now there is a total of HK$240 billion worth of cash. In dollar terms, that's about $30 billion in cash.
Li Zeju's efficiency is very good, and he is not the CEO of the Heung Kong Consortium, and he negotiated a very huge business, and bought the real estate assets worth 200 billion Hong Kong dollars of the Heung Kong Consortium at a 20% discount to the Singapore sovereign fund. made him a high-ranking pick-up man. At least the HK$160 billion of Singapore's sovereign fund will be tied up for a long time. Although they think they are helping Temasek Holdings in the Hang Seng Index!
At present, the Heung Kong Consortium has a total of nearly 30 billion US dollars in liquidity, which can be described as full of preparations, and Chen Hui plans to use all of them to buy Malaysia, so that the Heung Kong Consortium can control most of Malaysia's real industries. Malaysia's employment rate, most people's jobs, depends on the Heung Kong Foundation, Black Shirt Capital, and Standard Chartered Bank Group. Then unite with Malaysia's Chinese elite to control Malaysia's economic bloodline, so that Malaysia's money printing machine is controlled by the banking group headed by Standard Chartered Bank.
Chen Hui was thinking at this time, and it would soon be two o'clock.
At this time, under the leadership of a personnel director of Standard Chartered Bank and several people in black, a middle-aged foreign man was brought to Chen Hui, he was dressed in formal professional clothes, square face, yellowish complexion, very short hair, slightly white, and a lot of stubble, one black and one white, his expression was a little wooden, his eyes were deep like a pool, and the whole person looked very serious.
At this time, the man in black handed over a document to Chen Hui, Chen Hui nodded, then quickly flipped through it, and smiled at the middle-aged man, making the middle-aged man break out in a cold sweat.
At this time, Chen Hui waved his hand to everyone, and the man in black and the personnel director also withdrew, and then quietly looked at the middle-aged man.
"Christian Bittar, it's a pleasure to meet you!" Chen Hui looked at the foreign man with a nervous face, and smiled again: "What are you thinking about?"
Christian Bittar was one of Deutsche Bank's highest-paid traders and a math wizard who received nearly £90 million ($126 million) in prize money in 2008. By betting on short-term interest rates, Deutsche Bank made a fortune in the turmoil of 2008 and made an instant name for it. One of the trading strategies is to bet that the 3-month and 6-month euro rates will rise faster than the 1-month rate. When Lehman Brothers then collapsed, the bank borrowed only the shortest amount of money, and the deal paid off. It was in that year that Bittar received £90 million.
He is currently being investigated by the FCA on charges of manipulating the interbank rate on behalf of Deutsche Bank, but he is not in prison for the time being, because the FCA has not yet found the results of the investigation, and it will not be until a few years later that the trader pleaded guilty in a London court on charges of conspiracy to manipulate the euro interbank rate. Then they will be sentenced in the summer.
He is known for winning $126 million in prize money and is one of the most high-profile traders convicted in a global interest rate manipulation investigation. Interest rate manipulation scandals swept the business world for the first time since the global financial crisis erupted six years ago, with the initial focus on banks, which paid fines of around $9 billion for manipulating the LIBOR and Euro Interbank Offered rates. Subsequently, prosecutors began tracking down the traders behind the violations, including Christian Bittar and former UBS trader Tom Hayes, among others. The former was the first person to be convicted in a British investigation. In 2015, Deutsche Bank would have been fined $2.5 billion by global regulators for failing to try to stop the manipulation of benchmark interest rates, and Christian Bittar had a greater share of the penalty notice. In the Financial Conduct Authority's settlement notice and the US Department of Justice's "Trader Three", he was accused of allegedly manipulating the Euro Interbank Offered Rate. But in London's financial district, Bittar was already famous long before he became widely known for his interest rate manipulation scandal.
After taking a few deep breaths, Bitar slowly spoke, "Mr. Chen, I had already thought about it before I came to see you!"
During the 2008 financial crisis, he made a fortune for Deutsche Bank by betting on short-term interest rates, and his legend has stood out ever since. Lehman Brothers went bankrupt in September of that year, and the bank refused to lend to it. In that year alone, Bittar received £90 million in prize money. Growing up in Senegal, Christian Bittarr showed an extraordinary talent for mathematics at an early age and attended France's top elite university, HEC Marseille. Founded in 1872, it is the first high-school business school in the history of France, and is a famous French business and management school with a history of 100 years. Affiliated with the Chamber of Commerce and Industry of Marseille-Provence, it was founded in 1599 by Henri IV and was the first in the world. After more than a century of development, Marseille Business School has become one of the top 10 elite business schools in France (Grande Ecole).
After graduating from university, he joined Société Générale as a quantitative analyst and held a trader role before becoming CEO of Deutsche Bank in London. Later, he and the German bank moved to Singapore.
Then Chen Hui ordered someone to find evidence of his incrimination. If he doesn't cooperate, then he can only go straight to jail ahead of schedule.
He now knows that he has begun to be investigated, but he didn't expect that the evidence of his crime was actually in the hands of the chairman of Standard Chartered Bank, he really wanted to break his head, and he couldn't figure it out. Why hasn't anyone from the Financial Supervisory Authority of the United Kingdom found out about themselves, but the people from Standard Chartered Bank have collected incriminating evidence.