Rebirth of the Strongest Tycoon - Vol 3 Chapter 1469
The night of the night was frighteningly cold.
Amidst the Victorian Mountain Villas, the Li Family Mansion, and Li Chaoren’s study, there is a cloud of smoke.
Li Chaoren once said that smoking is helping others waste their lives and money, so he never smokes.
But this time, his career has encountered the biggest crisis. If he can talk to outsiders, he can only hide in the study and smoke with his son to keep his brain calm.
“Dad, how much money did you raise here?”
Li Zekai looked tired and asked his father hopefully.
Li Chaoren was silent for a long time, and slowly said: “1.8 billion Hong Kong dollars!”
“Among them, 500 million was borrowed in the name of Cheung Kong Group, and the remaining 1.3 billion Hong Kong dollars was mortgaged for the Cheung Kong Group’s stock loans in the name of a family fund.”
For a loan of 1.8 billion Hong Kong dollars, Li Chaoren got it from four banks. He didn’t want to find so many banks, but there was no way. He could only find a Chinese bank if he wanted to make a payment as soon as possible. It is impossible for a foreign bank. Loan him so quickly, the mortgage rate will not be very high.
There are four large-scale Chinese banks in Hong Kong, namely Jiuding Bank, Hang Seng Bank, Bank of East Asia, and Bank of China Xiangjiang. The others are medium-sized banks.
The Heung Kong Asian Commercial Bank he first looked for was among the most advanced among medium-sized Chinese banks. Only with its strong strength could it come out with a lump sum of 1 billion Hong Kong dollars in liquidity.
Other medium-sized banks have almost no such strength!
What’s more, he participated in the short-selling gambling this time and also found some banks. It is impossible for these banks to lend him, which also made him a lot less choices.
Li Zekai asked again with concern: “Dad, how much equity do you take to mortgage?”
“The collateralized 244.81 million shares, 16.88% of the equity.”
“Now the unsecured equity held by the family fund is only 17.91%.”
After Li Chaoren finished speaking, he couldn’t help sighing.
Only 16.88% of the Cheung Kong Group’s equity was loaned to 1.3 billion Hong Kong dollars.
So even if the remaining 17.91% of the equity is taken out as mortgage, according to the pledge rate of the highest 40%, it can only be loaned 1.38 billion Hong Kong dollars.
Equivalent to the 34.79% equity of the Cheung Kong Group held by the Li family, the ceiling can only be mortgaged to 2.68 billion Hong Kong dollars.
After all the funds he recovered from the short sale and the original liquid funds were compensated, there was a funding gap of 3.47 billion Hong Kong dollars.
It is precisely because of this that he had to take the risk and use the Cheung Kong Group to mortgage loans in the name of the Cheung Kong Group to make the idea of collective funds for the Cheung Kong Group’s companies.
“Dad, what is the attitude of the Rothschild family?” Li Zekai took a big puff of smoke and spit out the smoke ring, then slowly said.
Hearing this family, Li Chaoren couldn’t help but violent veins, and said angrily: “Don’t tell me about the Rohill family, they won’t be saved at all!”
“I called Evelyn Rohill, he evaded the current funding constraints and asked me to wait for a week.”
“I went to Barclays Bank in Hong Kong, but I couldn’t get the loan!”
“Hey… I got on the thief ship, blame me for overestimating their strength.”
“This is the sixth empire, heh…”
Li Zekai shook his head and analyzed: “It seems that their losses are heavier than ours. Ten times the amount is possible.”
“But I don’t believe that they will have no money in their hands. They must keep the funds to protect themselves. With Xia Yu’s past methods, he will not fail to chase after the victory.”
“At the beginning of his rise, he was good at using the advantage of public opinion to attack the enemy, and the Rohill family must also be very clear.”
Xia Yu’s past and his huge media empire appeared in his mind, and Superman Li was speechless.
“I hope he didn’t realize that we were involved…” Li Chaoren said quietly, but his tone didn’t sound so powerful.
“Definitely can’t find it!” Li Zekai said heavily, not knowing whether he really thought so, or just comforting himself.
After the voice fell, the study fell into silence for two minutes.
Later, after Li Chaoren extinguished a cigarette, he said, “You should stabilize the banks and institutions. The contracts have been signed. You will pay them in batches over the past two days. Don’t make them suspicious. ”
“I will think of a solution for the funding issue.”
Even if his securities company has suffered serious losses, but the funds are still there, some funds are temporarily cleaned up, some funds are recovered, and the holes are filled in later.
“Good dad…”
…
Let’s talk about the European Rohill family’s side, which is also full of sorrows.
Evelyn Lowhill, Leopold Lowhill, David Lowhill, Liszt Lowhill, Elro Lowhill, Harry Lowhill, Sidney Roshir All the responsible persons from all walks of life in Europe, including Er, rushed to the family manor in Britain.
The meeting was chaired by the family head Jacob Lowhill.
“Dear brothers, first of all, I want to apologize to everyone. I messed up the matter. This time the family has encountered a crisis, and I have to bear the most responsibility.”
Evelyn Rohill was very bachelor, and stood up to apologize to everyone.
“Evelyn, you sit down first. I agree to this plan. You don’t need to take the responsibility on yourself.”
“To call everyone a meeting today is not to blame you, but to get through this crisis properly.” As the head of the family, Jacob Lowhill directly emphasized the theme of this meeting and did not want to waste unnecessary time.
Glancing at Jacob Roshir, Evelyn Roshir lowered his head slightly and sat back in position.
“Evelyn, it’s up to you to explain the situation to everyone so that everyone can understand the situation.” After he took his seat, Jacob Rohill immediately ordered.
“Okay, let me tell you about the situation.”
“There are two stages to attack Hong Kong, namely, short-selling Hong Kong stocks and attacking Hong Kong dollar foreign exchange. The second stage occurred because we failed in the first stage and had to attack Hong Kong stocks again to try to reverse the market.”
“During the entire process of short-selling Hong Kong stocks, our family signed a total of 61.18 billion Hong Kong dollars in stock gambling agreements. These 61.18 billion Hong Kong dollars of stocks were sold at different stages and 58.65 billion Hong Kong dollars were recovered.”
“But after our failure, the Hong Kong stocks were manipulated by the bulls, so that we could not acquire the stocks at all, and could only compensate at 1.2 times the real-time stock price for breach of contract.”
“All compensations add up to 107.54 billion Hong Kong dollars.”
“In addition to the consumption during the entire plan implementation process, our total loss in the end is…”
Speaking of this ~www.mtlnovel.com~ Evelyn Lowe Hilton took a moment, and when everyone was looking at him, he said sadly: “52,532,84 million Hong Kong dollars, equivalent to 8,611,440,000 U.S. dollars… ”
Hearing this series of numbers, everyone remained silent for a long time.
This loss is too high!
This money is certainly not all in the pockets of the bulls, but most of them are definitely. As for how the bulls are divided internally, they are not interested.
They only know that the loss of $8.611.94 million means that the family is really in crisis.
With so much capital at once, even if the family made more than 10 billion U.S. dollars in short international crude oil futures before, it is still under great pressure.
After all, although they had made more than 10 billion U.S. dollars before, they were not so stupid as to hold them in their hands. They had already put them out for investment. How could it be possible to get them back within a few days?
The compensation of $8.611.94 million must be paid back in these two days.
“This loss is too big…”
David Rohill of France sighed.
“It really exceeded our expectations. It has not been such a serious loss for a long time.” Switzerland’s Harry Rohill couldn’t help complaining.
Evelyn Rohill can only apologize one after another for this.
Jacob Rosill knocked on the table and interrupted everyone’s emotional catharsis: “Well, there are so many losses. Now we have a meeting for two purposes.”
“The first one, raise funds together to plug this hole.”
“Second, take defensive measures, our enemy will definitely fight back, and it will never last long!”
“There is not much time left for us…”
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