0707 The Pleasure of Spending Money (2)
The crisis of the bank can be magnified by a hundredfold with the help of the capital chain. When HSBC was very decisive in saving itself, the crisis gradually broke out after half a month of brewing.
HK's Brit announced a takeover of HSBC to sort out its financial security holes. But when it was determined that the loophole was as big as 100 billion dollars, they actually shrunk, refused to provide government-level credit guarantees, and were even more reluctant to inject emergency funds.
HK is the regional financial center of East Asia, but the British are watching the crisis erupt. Because the hole is so big, if you are not careful, you will pull all the British Isles into it.
This situation even exceeded Zhou Qingfeng's expectations, he originally asked for trouble with HSBC as if venting his anger, but he didn't expect HSBC to be the core of the intertwined capital chain.
If HSBC suffers, all entities involved in it will be implicated.
At this time, the economic engine of East Asia was Japan, but Japan's economic crisis had already erupted, and now it is difficult to protect itself.
The other little dragons and tigers couldn't sustain enough scenes, and could only watch as the danger of breaking the capital chain spread outward like a plague.
Panic is contagious.
When financial institutions across East Asia realized that a crisis was inevitable, everyone was pumping money and shrinking to save their lives. If you don't want to go bankrupt, selling your assets at a low price is the only way.
In the face of the financial crisis, the one who can come up with the money is the savior. When Zhou Qingfeng said that he was willing to spend money to buy, the first thing was that a bunch of financial institutions jumped out to sell him packaged 'negative assets'.
'Negative' here does not mean that the assets are bad, but that those assets are depreciating.
Ironically, it's not just HSBC that's doing this, it's a whole bunch of banks.
This is just like the banks in Tianyang tried their best to get rid of the burden of state-owned enterprises. Every day that the 'burden' stays in the hand for more days, there will be an additional loss.
Banks hate losing money the most.
There are so many 'negative assets' sent to Zhou Qingfeng that they are like pieces of fat, making it difficult for him to choose.
At present, the sale of some entities with great development potential, with the rapid growth of the domestic economy is about to begin, as long as you buy it, you can make ten times more money.
$1.5 billion is clearly not enough.
Sophia had to raise the purchase amount to $5 billion in order to add more assets to the purchase list. But the more money you spend, the more companies that come up to sell, the increase tenfold.
After the publication of the "Shengguang Economic Weekly" in April, some banks confirmed the profit expectation of "Shengguang Group" and were willing to provide loans to "Shengguang" to help with the acquisition.
How embarrassing it is!
Uncle Zhou's festival is still there, and he is not familiar with the black-hearted routines of the West to 'destroy the family and seize wealth' and slander others. He always felt that the crisis he had created should not be too public.
But this kind of practice of taking advantage of one time is not enough to take advantage of more advantages is too much to refuse.
Even the chaebols on the Japanese side couldn't sit still, and the 'Mitsui' who had been contacted before took the initiative to send someone to the door, asking to continue the loan business with the 'Holy Light' and provide further services.
Led by Yu Watanabe, the 'Mitsui' consortium sent a vice president to visit Zhou Qingfeng in person.
In the living room of the 'Holy Light' branch, the two sides met and exchanged a few words, and the vice president of 'Mitsui' expressed his intention straight to the point.
"His Excellency the President has founded the 'Holy Light' Group in the past two years, and the speed of business development is impressive. We, Mitsui, have always attached great importance to the mainland market and are willing to provide assistance for the expansion of Shengguang.
We have received the latest audit of the financial position of Holy Light from PwC and believe that it is necessary to provide more financial support to His Excellency the President. ”
On the one hand, Eagle Sauce imposed sanctions on the 'Holy Light' in the name of illegal smuggling, and on the other hand, 'Mitsui' had the courage to provide funds to President Zhou, and the world was indeed ridiculous.
The yen is currently appreciating, which is hitting Japan's exports hard. Mitsui previously gave the Holy Light a total of 100 billion yen, which is almost a billion dollars in US dollars.
This time, Mitsui raised the loan amount to 300 billion yen, with an annual interest rate of 4 percent and a repayment period of 30 years. The Holy Light uses its own assets as collateral.
The condition is that it must buy the assets of the Japanese side, to be precise, the negative assets that Mitsui itself is depreciating.
Like HSBC, Mitsui has also made a booklet on assets that can be sold – small Japan has a lot of money, and there are more things to sell.
The first dozen or so pages are devoted to a variety of real estate, mainly in Tokyo. Uncle Zhou passed directly - buying HK real estate is still a leak, buying a 92-year-old Tokyo real estate, do you want me to jump off the building?
But in addition to the real estate in Tokyo, there are many real estate in New York. Uncle Zhou is even more passable - Lao Tzu was sanctioned by Eagle Sauce, he bought it in the morning, and he was afraid that he would be confiscated in the afternoon. There is a hole in the brain to spend that unjust money.
Then there are some financial products, as well as overseas assets. The 'Holy Light' has not yet expanded to the ball, and reaching out to Southeast Asia is Zhou Qingfeng's heart.
After flipping through the booklet, Zhou Qingfeng didn't pick what he liked. He asked rhetorically: "Is there an asset in the electronics industry that can be bought directly?" ”
Watanabe Yu, who was sitting next to him, hurriedly handed over a list of his own does, all of which were some of the 'low-end' electronic component products mentioned by Zhou Qingfeng before.
The list was passed on to the vice president of Mitsui, who looked down and saw that it was some gadgets such as resistors, capacitors, transistors, etc. The technology and value of these enterprises are not high, and the total number of ten factories is not comparable to a single building in Tokyo.
The quality of domestic electronic components is quite bad for a long time, not because the technology is not good, but because the workers have no sense of responsibility at all. Domestic enterprises do not want to use domestic goods at all, and similar situations abound.
"I want to buy it together with people and factories, and start with raw materials and move the industrial chain directly to China." Zhou Qingfeng knows that it is difficult to establish a system, so it is better to directly copy other people's existing systems.
Just spend money on it.
Anyway, it's a loan from small Japan, with a 30-year repayment period, so you don't have to use it in vain.
Hearing that Zhou Qingfeng even wanted workers, the vice president of 'Mitsui' happily agreed-they were all very basic things, and it was nothing to sell.
"I also want an industrial chain of semiconductor chips, from silicon crystal manufacturing to chip design to IC packaging and testing."
As soon as Zhou Qingfeng spoke, the other party wanted to shake his head. But he stopped the other party's refusal and continued: "I can accept non-mainstream processes. ”
At present, the mainstream of the semiconductor industry is eight-inch wafers, one-micron process, integrated million-level transistors, and 100 megahertz computing speed.
Not only can China not reach this level in terms of hardware, but also far from being able to reach this level in terms of software and talents, and there is no related industry at all.
Except for a small number of military fields, the number of employees in consumer chips is equal to zero.
In fact, the country is in a closed market, and the technical level can be sold profitably, and the key is to build a talent echelon. What if there is no one, even if you get a five-nanometer lithography machine?
But this made 'Mitsui' hesitate. Zhou Qingfeng doesn't want a golden mountain, he wants a golden finger that turns decay into magic.
Seeing that the other party lowered his head and was silent, His Excellency the President leaned back, waved his hand and said, "Quote a price." I want the whole chain. Ten billion dollars, is it enough? If it's not enough, it's 20 billion! ”
The vice president shook his head, "Your Excellency, the semiconductor industry chain is very long, and there are many supporting enterprises. Even if it's not the latest technology, $20 billion is not enough. ”
"That's $30 billion." Zhou Qingfeng did not hesitate to increase the weight, "If you are willing to sell, I can also purchase another automobile industry chain or petrochemical industry chain." ”
The vice president on the opposite side was shocked like a toad, "Your Excellency President, I would like to take the liberty of asking, are you sure that the 'Holy Light' has so much foreign exchange?" ”