Reborn Capital Tycoon - Chapter 243

   Chapter 243 Continuation Loans

  Unfortunately, Chen Yi has no interest in investing in the island country.

  The only thing that interested him were the two big money-making opportunities in the history of the island country. One was the appreciation of the Japanese currency in the Plaza Agreement in the 1980s, and the other was the real estate bubble that caused the island country’s economy to stagnate for two decades.

   Except for these two opportunities, Chen Yi will not invest even a penny of himself in any industry of the island country, and contribute a penny to the island country’s GDP.

  However, the islanders are known to be rich these days, and the Island Bank is even more famous for being rich and powerful. He is just short of money now, so he really wants to borrow some money from the other party.

   Loans are always good, and loans are always good. The object of his cooperation this time is Mitsubishi Bank, whose strength background is amazing.

  Behind Mitsubishi Bank is the famous Mitsubishi Group in the island country.

  Mitsubishi Group, commonly known as the Mitsubishi consortium.

  Mitsubishi Group was established in 1954. It is composed of more than 20 large companies. Group of companies.

  In the previous life, the island country had six major consortiums. In addition to the above five, there was also the last one, the “First Persuading Bank Consortium”. However, the last consortium has not yet been established, so the current island country only has five major consortiums.

  Since the Meiji Restoration, the island country has gradually evolved into a country controlled by consortiums, which is universally recognized.

  Although everyone can’t see the shadow of the activities of the island country consortium on the surface, most of the companies in the entire island country’s economy and all walks of life are secretly firmly controlled by the five major consortiums.

  During World War I, the power of the island consortium was already able to influence the economic, political and military decisions of the island country.

After World War II, in order to combat the power of the island consortium, the United States ordered the island government to forcibly disperse the power of each consortium when helping the island country recover its economy, split all the companies under the consortium into independent one by one, and established a new system with relatively separated capital and management. .

  At the beginning, this move directly disintegrated the power of several major consortiums in the island country. However, with the rapid recovery of the island country’s economy after World War II, these originally scattered and independent enterprises gradually united in various ways.

Headed by the five consortiums, Mitsui, Mitsubishi, Sumitomo, Fuji, and Sanwa consortia, they take banks as their core and extend their tentacles to all walks of life. In turn, the once-disappeared consortium has become active again.

  Mitsui’s Mitsui & Co., Mitsubishi’s Mitsubishi Corporation, Sumitomo’s Sumitomo Corporation, and Fuji’s Marubeni Corporation, the five major conglomerates have once again formed a large group company without the name of the consortium but with the reality of the consortium.

The reason why the island country is considered to be controlled by consortiums is simple. Taking the five major consortiums as an example, each of them has 20 to 30 core companies, and these core companies control large and small companies through holding shares and other means. There are hundreds or even thousands of small and medium-sized enterprises.

  The five major consortiums of the island country control most of the wealth and resources of the island country through this way of enterprises controlling enterprises, and the upper-level enterprises influence the lower-level enterprises, and then control the entire island country’s economy and even political and military affairs.

  This is similar to later generations of South Korea. The total revenue of a Samsung group accounts for 20% of South Korea’s total GDP. As the saying is familiar to the world, Koreans have three things that cannot be avoided in their lives: death, taxation and Samsung.

  Similarly, there are three unavoidable things in the life of islanders, that is, death tax and consortiums. The shadow of island consortiums is everywhere in island countries. Whether it is the lower economy or upper politics, they all have huge influence.

  As one of the five largest consortiums in the island country, Mitsubishi Bank is naturally not short of money, so it shouldn’t be a big problem to get some loans from it.

   Next, he will attack Jardine. If Jardine is really caught off guard, he will be more calm with more cash in hand.

Now Chen Yi has also figured it out. He didn’t want to take out a loan from the bank before, mainly because he was afraid that the money he earned would not be enough to pay back the interest of the bank. In that case, not only would his life be squeezed to death by the bank, but he would also be exhausted. Working hard for the bank.

But as the boss has been working for a long time, his vision has gradually improved, and he thinks differently. Xiangjiang’s economy has been sluggish for only two or three years. Once the impact of the stock market crash and the oil crisis passes, then Xiangjiang’s economy will Continue to enter the period of rapid development.

   After Hong Kong became the Asian financial center and the world’s free port, its economy grew at a rapid rate.

  A listed company with a market value of hundreds of millions now will increase hundreds of times in the future, becoming a giant company with a market value of tens of billions, or even hundreds of billions.

   Take HSBC, which had a market value of nearly 10 billion before the stock market crash, as an example. It has now plummeted to a market value of only about 3 billion.

  You must know that the peak market value of HSBC Bank in the future will reach 1.7 trillion Hong Kong dollars.

  There is a gap of 500 times between 1.7 trillion Hong Kong dollars and 3 billion Hong Kong dollars. If he buys 300 million HSBC stocks now, the 300 million in the future will rise to 170 billion Hong Kong dollars.

  Compared with a wealth increase of hundreds of times, what kind of interest does he pay a year? Can the interest of 67% a year be compared with a wealth increase of hundreds of times?

   Loan, Chen Yi has already figured it out, the opportunity is rare, if you miss this time, next time you go there to pick up such a bargain.

  Although Xiangjiang likes stock market crashes at every turn, a stock market crash that wiped out 90% of the stock market’s plunge is the only one in history.

  Now he has thought about it. This money can be loaned 10 billion, but definitely not ninety-nine. He wants to play a big game this time.

  Men, you have to be tough on yourself.

   Don’t be cruel, let’s talk about happy days in the future.

After making up his mind, Chen Yi immediately told Yu Min beside him, “Secretary Yu, go down and contact Mitsubishi Bank and Citibank, and make an appointment with the person in charge of their branch in Xiangjiang, and tell me that our company has a big business deal with you.” Let them talk, let them send someone with weight.”

   “By the way, the two families make appointments separately, don’t come together.” After explaining, Chen Yi returned to his seat and continued to make phone calls.

   HSBC can no longer lend money, and Mitsubishi Bank and Citibank should have no problem. In addition, he also wants to find Bank of East Asia and Hang Seng Bank, which he has cooperated with before.

Several companies under him, except for Asia Telecom, Hong Kong Electric, Kowloon Bus, Dafeng Toys Factory and Xinji Clothing Factory have very good monthly profits, especially Dafeng Toys Factory, whose valuation has reached ten percent. market capitalization of HK$100 million.

  Now the expansion of Dafeng Toys Factory has been completed, and there are 400,000,000 to 500,000,000 yuan in liquidity on the books alone. This is what was left over from the purchase of a lot of land around and the acquisition of many toy foundries when Dafeng Toys Factory was expanding.

  ——

  (end of this chapter)