After divorce, I can hear the voice of the future

Chapter 748 Five Stations, Four Stations Victorious

"What a disgrace! Such a lively scene was orchestrated by Liangzi, and it has nothing to do with our A-shares?"

"Liangzi has become arrogant. Take Tianxing Public Fund as an example. Without the support of the people, how could they have successfully raised funds?"

The stock forum was in an uproar, with mainland investors expressing their indignation. Going to Hong Kong to subscribe to bonds was already a hurdle, and starting with a million US dollars made it an even bigger obstacle.

If they start with fewer people, they can still manage to squeeze out a few by forming small groups. But with a price of nearly 700 million RMB per share, even squeezing blood wouldn't be enough.

"A higher threshold is better, as it avoids competing with the country for profits. It's not hard to guess that this round of subscriptions is definitely made by mainstream institutions in the market."

Even if retail investors and mutual fund investors are dissatisfied, they know that Tianxing Financial Group chose to settle in Hong Kong with the aim of entering the international market.

In the future, Lu Liang will only drift further and further away from them, and if Tianxing Financial's ABS is launched in mainland China, it will definitely not be approved so easily.

Because it is suspected of promoting cryptocurrency, which is something the country cannot allow.

Even if Lu Liang doesn't play with them, Big A has its own set of operating logic.

Stocks with names related to Lu Liang and Tianxing, such as "Conscience Food" and "Xingchen Fertilizer," surged.

"This market is becoming increasingly incomprehensible."

A group of retail investors cursed and swore, but immediately joined the ranks of those chasing the speculative frenzy, since without a reason, there was no point in trying.

It was close to 2 p.m., on the 82nd floor of Phase 2 of the Plaza Building.

"It's almost time."

The entire floor houses only one company, Tianxing Quantitative, and currently, Lu Liang is the only senior manager remaining in the company.

Both Tang Caidie and Li Junwei led their teams to Guang Sheng Bank to assist Wen Chao.

"Jiawei, do you think the subscription funds can reach 10% in the first hour?" Lu Liang suddenly asked.

“$300 billion? Didn’t Ant Group already help us achieve that?” Xu Jiawei said with a smile.

Lu Liang couldn't help but chuckle: "That's true."

He recalled the fleeting glimpse he had just caught of the inquiries by phone and the list of people to be visited.

Without exception, they were all heads of major financial institutions from mainland China or Hong Kong.

3.45% is too little for ordinary people; the interest on 10,000 yuan in a year would only be 345 yuan.

If this were in the A-share market, it wouldn't even have a limit-up price, but it's particularly high for some institutions that frequently buy US Treasury bonds.

Because they often subscribe for $100 million, which would generate $345 million in interest annually.

Moreover, the Federal Reserve is currently in a rate-cutting cycle, with the current five-year annual interest rate at only 2.78%.

The same $100 million would be $670,000 more for them than buying US Treasury bonds.

Furthermore, Tianxing is not like Ant Group, which relies solely on its reputation and 3 billion RMB without any assets.

The reason why mainland China does not recognize the value of Bitcoin is because it has suffered from the hegemony of the US dollar. Once bitten, twice shy.

However, in Hong Kong, and even in other developed East Asian countries such as Japan, South Korea, and Singapore, the influence of Bitcoin has been expanding.

Small countries have no choice but to comply, while Hong Kong, despite being backed by a major power, has a Hong Kong dollar that is essentially based on the US dollar.

During their casual conversation,

The clock struck 2 p.m. Beijing time.

Tianxing Financial's official website also updated in real time the first subscription, which came from Ant Group, amounting to $300 billion.

"Holy crap, is Mr. Ma supporting Lu Liang?"

"What I see is not support, but cooperation, or even using someone else's resources to make money."

"Everyone, go check the yield of Yu'ebao! The seven-day annualized yield has been significantly increased."

Quietly, Yu'ebao's 7-day annualized yield has been raised from 2.35% to 3.12%.

As soon as the news broke, a large number of netizens flocked to Alipay. Upon seeing the 3.12% seven-day annualized rate, they all had an idea.

They can't cross over to Hong Kong.

Not even a million dollars.

But everyone has an Alipay account.
Anyway, it's only 0.33% less.

More importantly, Yu'ebao is a current account, meaning you can withdraw and use the money almost anytime without having to sign a five-year bond contract.

In just half an hour, Yu'ebao's Tianhong Fund assets surged by 500 billion RMB and are still increasing rapidly.

"Mr. Ma, if you don't act recklessly, you'll suffer the consequences."

Upon learning the situation, Lu Liang sighed deeply; Old Ma had completely embarked on a path of no return.

He intends to attract more savings to fuel Ant Group's IPO.

Little did they know, this could be the fuel for a rocket booster, or it could be a death sentence.

Just like in ancient times, which military general who commanded 800,000 troops was not a major threat to the emperor, who dreamed of eliminating him as soon as possible?

The general still believed that as long as he had enough troops, the emperor would not dare to do anything to him, and he continued to recruit soldiers.

Isn't this just blatant disregard for life? After all, Ma is not a military general, and the regulatory authorities are not emperors.

Just then, Lu Liang received a call from Wen Chao: "President Lu, Tencent has contacted us and intends to subscribe for $480 billion."

"Accept it all."

Lu Liang smiled and secretly vowed that once Jack Ma fell from grace, he would treat Alipay's overseas business and employees well.

There are currently two mainstream payment applications in the mainland market: Alipay and WeChat. However, in people's traditional perception, Alipay is more business-oriented and can hold large sums of money, while WeChat is more entertainment-oriented and can only hold small sums of money.

The former, Yu'ebao, often has a higher seven-day annualized rate of return than the latter, Lingqiantong.

Now that Yu'ebao is actively pointing the way, how could Tencent, which started as a copycat, possibly miss such a good opportunity to compete?

Anyway, they are very obedient and only want to make money. Even if they hold a lot of savings, the regulators will not touch them.

As 3 p.m. approached.

Tianxing Financial has once again updated its large subscription list, with $480 billion coming from Tencent.

At the same time, Tencent's Pocket Money also raised its seven-day annualized rate of return from 2.16% to 3.45%, aiming to make money even if you don't earn a single cent.

As long as we attract large-sum savings users to Yu'ebao, losing a little money is no big deal; we can easily make it back with interest by doing whatever we want later.

With the two Mas leading the way, the two companies directly seized $3000 billion of Tianxing Financial's $780 billion subscription share, accounting for a staggering 26%.

Now, those institutions that had been waiting on the sidelines couldn't sit still any longer and started calling Wen Chao, intending to make large-scale subscriptions through internal channels.

At 3:30 pm,
The 90th minute of Tianxing Financial's ABS issuance.

The official website has once again updated a large subscription order, with an international institution called PIF securing a $500 billion subscription share.

"PIF, also known as the Public Investment Fund, is a subsidiary of Saudi Arabia's sovereign wealth fund."

The wealthy people from the Middle East also came to support Lu Liang, bringing their knives and music.

At this very moment, at Yiyun Mountain Villa.

The original private meeting room of the Earth Society is now only occupied by Zheng Jiachun and Qi Yaonian.

The two exchanged a glance, both seeing the bitterness in each other's eyes. The three large subscriptions totaled $1280 billion, with the subscription progress reaching 42.68%.

This was only 90 minutes into the ABS launch, and their hoped-for subscription failed, ultimately remaining just a fantasy.

Moreover, the question is no longer whether it will succeed or fail, but how quickly Tianxing's $3000 billion fundraising campaign can end.

"Mr. Qi, do we still have a chance of winning?"

Zheng Jiachun swallowed hard, his voice hoarse, feeling despair for the first time.

In fact, Tianxing Financial could have chosen not to disclose this type of subscription model, or wait until the subscription period ended before making an announcement.

Instead of doing that, Lu Liang updated the website with large orders in real time, which was blatant boasting.

It's a bit like a grand military parade held once every ten years, where nuclear weapons are always brought out for a stroll and to bask in the sun.

The vehicle carrying nuclear weapons drove past the front gate, as if to say: I am terrifyingly strong, come at me if you dare!
Qi Yaonian remained silent for a long time: "He did it on purpose, wanting to achieve the effect of subduing the enemy without fighting."

How could he not know Lu Liang's thoughts? Showing off was just to make them back down and not waste their money, lest they end up losing both money and people.

In this way, Hengtai can successfully acquire New World, and Tianxing can reduce its investment and allow funds to go where they are more needed.

What is HSBC's stance?

Zheng Jiachun asked, "The New World is their ancestral business. Even if we know it's impossible, we must do it."

"I will definitely give my full support to the Zheng family."

Qi Yaonian said in a deep voice that in this situation, he could only represent his own attitude. Those old men at headquarters, like the powerful and wealthy class in the late Qing Dynasty, had been living in comfort for too long.

As long as the main army does not besiege the city, and as long as the analysis concludes that the situation is destined to be lost.

They usually choose to give up, justifying it with the saying, "Where there's life, there's hope."

Zheng Jiachun naturally understood Qi Yaonian's subtext and gritted his teeth: "Isn't there any other way?"

"Yes, but are you willing to gamble?" Qi Yaonian asked. Faced with this situation, HSBC would no longer unconditionally support the Zheng family.

Unless the Cheng family is willing to pay a price, such as putting Chow Tai Fook on the table, HSBC will not be willing to take the risk with them and gamble on that last bit of chance.

"Can……"

Zheng Jiachun swallowed his words, then smiled wryly and said, "Give me some time, I need to think about it."

He desperately wanted to act impulsively and disregard everything.

But he's nearly fifty, with a large family and business, and he can't make such an irrational decision.

"Hurry up, time waits for no one."

Qi Yaonian sighed. Compared to Lu Liang, they lacked courage, which was why they suffered repeated defeats.

"I'll try to think of other solutions for you," he said in a deep voice.

The forces in Hong Kong and East Asia can no longer be relied upon; they are either being courted by Lu Liang or do not want to offend him.

If they want to seek help, they can only look further afield, such as across the ocean to the United States.

At 4 p.m., the National Bank of Singapore announced good news: the originally planned $50 billion share had been fully subscribed.

At 5:10 p.m., good news came from Sumitomo Mitsui Banking Corporation in Tokyo, and at 5:30 p.m., Hyundai Bank in Seoul achieved its target.

"Mr. Lu, where is the progress so far?" Ota Rei asked with a smile.

Five hundred billion US dollars is nothing; Sumitomo Mitsui has already subscribed for 120 billion US dollars.

If there are any extra slots available at Xiangjiang Station, they can help fill them.

"There's not much left in Hong Kong, only about $42 billion left." Lu Liang smiled broadly, full of confidence.

Five stops, four of which were successful, leaving only New York Station without any progress. But that's understandable, it's still dark there, and the bank staff haven't started work yet.

(End of this chapter)