$35.75 billion starting auction!
"Okay, don't really bankrupt him, this group is really running well, and the profits are very good every year, but the recent depreciation of the yen, their profits are indeed less, but the profits are still very considerable, you buy it, and when the time comes, it will be very good to package it and take it to the market," George said
The Sano Group is an import company, and if the yen depreciates wildly, it will be extremely harmful.
Now that 10 million dollars worth of goods have been imported from the United States and shipped back to Japan, if the exchange rate of USD/JPY is 100.000, then the cost of the Sano Group is 1 billion yen, but if the exchange rate of USD/JPY is 107.000, then the Sano Group will have to spend 1.07 billion yen. It cost an extra 70 million yen in vain.
If the Sano Group had imported $100 million worth of goods, it would have cost an additional 700 million yen in vain. After deducting the freight, labor costs, and expenses, plus when you return to Dongying, if you collect a tariff, the final profit will not be much.
If you don't do it, you will lose a lot of money!
"Well, I'll think about it then, think about it!" Chen Hui looked at the information of the Zuoye Group, and felt that this Dongying person was still relatively far-sighted, and if he auctioned this historical relic back to Dongying at a high price, then it would become famous in Dongying, and then the consumers of Dongying would frantically consume the goods of the Zuoye Group and support this Zuoye Group.
"George, look at how much principal and interest they need to repay to your Bank of America at the end of this year!" Chen Hui said immediately
Repay bank loans, plus suppliers to collect payments, Zuoye Group's capital chain must have problems, this quarter because of the sharp depreciation of the yen, Zuoye Group's net profits have disappeared a lot, not to mention that the Dongying people also spent a billion Hong Kong dollars tonight.
"Well, I'll call someone to check it now, you wait" George immediately ordered his subordinates to check.
ยทยทยทยทยทยทยทยทยทยทยทยทยทยทยทยทยทยท
ยทยทยทยทยทยท At this time, the auction continued
"Ladies and gentlemen, the following auction is the finale of our auction, and I guess you must be curious about what it is.
It's not a work of art, it's not an antique, it's an impromptu auction that starts at more than all the previous lots combined!"
Adolf shouted to the crowd
ยทยทยทยทยทยทยทยทยทยทยท
At this moment, Luo Baowen and Luo Xu in the audience suddenly became nervous, and at the same time, many representatives of hotel groups were also nervous.
They came together tonight for the finale of the auction.
"Oh, the starting price is so high, Chen, do you know what it is?" said George, curious
"I don't know, let's go, let's go back, I'm not interested, it's good to have the things to shoot tonight" Chen Hui shook his head and said.
Because this finale was also transferred temporarily, Chen Hui and George did not pay attention to the changes in the follow-up auction, and when they received the news of the changes, they did not pay attention to it, so they did not know.
And tonight, Chen Hui's purpose is the ruby and diamond ring, as well as some art collections.
"Chen Shao, it is a portfolio equity document composed of the equity of many hotel groups in Hong Kong!" At this time, Yang Shoucheng spoke, when he entered the VIP room with his son, he watched Chen Hui and George talking and laughing, and they were not qualified to participate, but they were just accompanying them.
Tonight he also came with the equity documents of this group, and began the great expansion of Caesars Hotel Group! Now that it was the final stage of the auction, he naturally spoke up.
"Oh, a lot of Hong Kong hotel group equity composition of the combined equity documents!" Chen Hui said, glancing at Yang Shoucheng
"Yes, Chen Shao, I'm here for it tonight, and if I win these shares, we can expand at a high speed!" Yang Shoucheng immediately said excitedly
"But Chen Shao, we have a lot of opponents tonight, many Hong Kong hotel groups have joined forces to auction these shares and buy back the shares of the original hotel!" Yang Zhenglong also said
"Oh!" Chen Hui just sighed, very calm, very indifferent
"Chen Shao, we may pay a very high price to photograph this portfolio equity document, so I want to return the price to you! It may cost 800 million to 900 million US dollars," Yang Zhenglong said
"The price is such a trivial matter, you can just deal with it yourself! In the end, it will be done, and this kind of thing will tell me that the result will be done!" Chen Hui shook his head and said indifferently
"Yes! Chen Shao!" Yang Zhenglong immediately said excitedly, he was worried about Chen Shao before, and he might ask about the price, but Chen Shao didn't care about the 800 million to 900 million US dollars.
The two fathers and sons were relieved, 800 million US dollars and 900 million US dollars were really too large for the two fathers and sons! Previously, all the assets of their entire Yang family were only about 1 billion US dollars if they were exchanged for cash.
It's equivalent to them taking all their property to auction, the amount is really too big, they have never used so much money at once, and they won't be able to adapt to it for a while!
They were also worried that Chen Hui might ask about the price, so they confirmed with Chen Hui to see if Chen Hui agreed!
If they knew that Chen Hui had made $17.5 billion in just over a week, with an average of at least $2 billion a day, they wouldn't have worried.
ยทยทยทยทยท
"This time, we don't use Hong Kong dollars to bid prices!
"Its starting price is $500 million!" Adolf's voice shocked the audience!
$500 million, what is this concept!!!!
The starting price is equivalent to 4 billion Hong Kong dollars!
No one dared to add a penny
"The starting bid is $500 million, and there is no limit to the price increase!" Adolf said
He was also very shocked, it was the first time to shoot something so expensive.
After a while,
"Five hundred million dollars!" was the case with a Singaporean man who was a representative of a Singaporean hotel group
"Five hundred and fifty million dollars!"
After another moment, the Singaporean man called out "$517 million!"
"Five hundred and twenty million dollars!" said Lo Baowen, who was the representative of these United Hotel groups tonight
"Five hundred and twenty-five million!" said the Singaporean man
"Five hundred and thirty million!" Luo Baowen continued to bid
Singaporean men stopped bidding, the price was too high, they thought that few people would come to compete, but they didn't expect it
"Five hundred and forty million," a Taiwanese man shouted
"550 million" Luo Baowen immediately quoted
ยทยทยทยทยทยทยท
"Five hundred and fifty-three million!"
ยทยทยทยทยทยทยทยทยทยทยทยทยทยทยท
Prices are soaring!