章節 1460: Chapter 1460: It was sold as soon as it changed hands!
Heung Kong Asia Commercial Bank is a medium-sized Chinese-owned bank in Heung Kong. It was founded by the Thai tycoon Chen Bichen and later taken over by his eldest son Chen Youqing in 1965.
For more than 20 years, Chen Youqing kept the banking business in order.
Although the banking landscape in Hong Kong underwent major changes in previous years due to the rise of Xia Yu,
Chen Youqing, after careful consideration, chose to cooperate with Jiuding Bank. As a result, the development momentum not only did not weaken, but instead developed even more rapidly.
'Chairman, Li of Cheung Kong (Holdings) Limited is here,'
said a subordinate as he walked into Chen Youqing's office at a little after 4:00 pm on Tuesday to report on his work.
A flash of brilliance appeared in his eyes as he was going through the documents, and he couldn't help but raise the corner of his mouth slightly, thinking to himself that he was in luck.
Jiuding Bank had only sent someone over to talk to him in confidence this morning, and at the time, they had only said that someone from the Chaoshan gang might come looking for him. He never expected that in the afternoon, Li Chaosheng (the mighty Hejie, there was nothing he could do), one of the leaders of the Chaoshan gang, would actually come looking for him, and without even making an appointment.
'Invite him to my office,'
Chen Youqing said lightly, looking up.
'Okay,'
his subordinate replied, quickly leaving.
A moment later, the subordinate led Li Chaosheng in, to Chen Youqing's surprise, Li Chaosheng was alone.
'Mr Li, welcome, please sit!'
'Mr Chen, I'm sorry for dropping in uninvited!'
'No bother at all, Mr Li, I'm honoured that you've come to see me, haha...'
After a brief exchange of pleasantries, the two men took their seats. The subordinate immediately brewed some tea, which he left the office with a wave from Chen Youqing after brewing.
'Mr. Li, why are you in such a good mood today?' Chen Youqing asked curiously after taking a sip of tea.
Superman Li shook his head with emotion and said with a smile, 'Mr. Chen, you are the God of Wealth, and I am just a businessman. I am looking to you for some financial support.'
'The truth is, my company has been expanding quite a bit recently. Not only are multiple real estate projects in Hong Kong under construction at the same time, but we are also implementing major strategies in the UK.'
'Although I still own quite a few real estate projects and properties, commercial real estate in Hong Kong is still booming, so I have chosen to hold onto many properties that I originally planned to sell for long-term rental income.'
'As a result, I lack some development funds, so I want to borrow some money from you.'
His words were sincere and full of conviction.
If he hadn't already learned the truth about Li Chaojen from the people at Jiuding Bank that morning, he would have almost believed him!
But, well.
Li Chaojen wanted to take out a loan, which suited him just fine.
After all, the risk ultimately didn't need to be borne by Xiangjiang Asia Commercial Bank. As long as Li Chaojen dared to ask, they would be willing to lend him as much as he wanted, as long as he could come up with sufficient collateral!
Therefore.
Chen Youqing said with great generosity, 'Mr. Li, you are our bank's favourite high-quality customer. Since you are willing to cooperate with me, that is a sign of respect for me, Chen Youqing. Just tell me how much you need to borrow!'
'As long as it is within my means, it's no problem!'
Superman Li thanked with a smile on his face, 'Mr. Chen, thank you so much.'
'I want to borrow 1 billion Hong Kong dollars, of which 300 million Hong Kong dollars will be borrowed in the name of Cheung Kong (Holdings) Limited and 700 million Hong Kong dollars in the name of my family trust company.'
HK$1 billion is no small sum and deserves careful consideration.
Therefore, after a moment of deep thought, Chen Youqing bit his lip and said to Li Chao-shen with a serious expression, 'Mr Li, although HK$1 billion is a huge sum, our bank can still come up with it.'
'However, you will need to provide sufficient collateral assets.'
'Of course, this is only natural.'
'I just hope that Mr Chen can give me a higher pledge rate. After all, as you know, all of my assets are of high quality.'
Li Chaoren smiled and nodded in reply.
'No problem!'
'I wonder what Mr Li would like to use as collateral?' Chen Youqing personally poured tea for Li Chaoren and asked with a smile.
'The loan from Cheung Kong Group will be secured by the company's properties, and the loan from our family trust company will be secured by Cheung Kong Group's shares.' After Li Chaoren finished speaking, he stared intently at Chen Youqing.
Chen Youqing pondered for a moment before adding emphatically, 'Mr. Li, for the 300 million loan that Cheung Kong Group wants, if you use the property as collateral, I can give you a pledge rate of 80%.'
'But for the other 700 million loan, as you know, the pledge rate for stocks is between 30% and 50%. Although Cheung Kong Group is a high-quality company, the stock price of Cheung Kong Group plummeted some time ago, and the market risk is relatively high.'
'But since Mr. Li has asked, I will naturally give him face. In that case, I can give you a pledge rate of 50%!'
Fifty percent!
This pledge rate was indeed not low, but Superman Li was not satisfied and wanted it to be even higher.
There was no way around it, as he was really under a lot of financial pressure.
Even though he had previously invested under the Rothschild family and transferred 20% of the shares of Cheung Kong Holdings to the Rothschild family, cashing out a large sum of money.
However, during this short selling of Hong Kong stocks, he did not have time to buy low, so that after the Hong Kong stock market repeatedly hit record highs, he still lost a whopping 3.47 billion Hong Kong dollars after the morning end of the bet!
Within three days, he had to raise another 3.47 billion Hong Kong dollars, in addition to the original principal he had.
'Mr Chen, 50% is too low. As you know, Cheung Kong is a large real estate conglomerate in Hong Kong, so I think 65% is more appropriate,' Li Chaoren said again, smiling and trying to negotiate.
'65% is too high a risk, and I am responsible to the shareholders. But since you have asked, I will add a bit and go for 50%,'
'...'
After a lot of persuasion, Li Chaoren finally managed to get Chen Youqing to reluctantly agree to a pledge rate of 60%.
Chen Youqing then asked someone to draw up the contract, while Li Chaoren took the opportunity to call his own personal lawyer over.
After more than an hour, the two loan agreements were signed.
Needless to say, the loan of 300 million from Cheung Kong Group was approved.
As for the HK$700 million loan from Li Chao's family trust company, according to the CK Group's current share price of HK$8.85 per share and market value of HK$12.83 billion, the collateral is 131.82 million shares, accounting for 9.09% of the CK Group's total share capital!
After the loan agreement was signed, Chen Youqing immediately transferred HK$500 million to the account designated by Li Chao, and promised to transfer another HK$500 million before the end of work the next afternoon.
After confirming that the HK$500 million had arrived, Li Chao Shen thanked Chen You Qing and left in a hurry.
He would find a way to temporarily divert the HK$300 million loan from Cheung Kong Group, so that HK$1 billion had been solved, and there was still a funding gap of HK$2.47 billion!
The funding gap was still very large!
What Li Chao Shen didn't know was that
as soon as he left the Heung Kong Asia Commercial Bank,
Chen You Qing immediately called Liu Tianci of the Jiuding Bank.
As a result, that evening,
The two loan agreements had not even had time to warm up at Heung Kong Asia Commercial Bank.
Chen Youqing secretly transferred them to Jiuding Bank, earning a three-point commission and a profit of 30 million Hong Kong dollars!
This money was earned with a bang!
As a creditor, Heung Kong Asia Commercial Bank could transfer the loan claims without the consent of the debtor in accordance with Heung Kong law.
And this is legal on a global scale!
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票