Reborn in America, I'm serious about making money.

HSBC Hong Kong: Today, some people came to our door claiming to be from Wall Street, trying to sell us CDS and CDOs. This is normal; people come every year seeking cooperation.

CDS and CDO are similar to gambling agreements. If you win, you don't make much money, but if you lose, there may be no limit to how much you can lose.

However, at this time, along the southeastern coast, there was a group of people also involved in this, but it was a currency exchange rate betting agreement. For example, those engaged in foreign trade were most afraid of currency appreciation, so they would buy currency appreciation contracts. When the currency appreciated, they would make money and offset the losses caused by the appreciation. There were many such CDS contracts.

However, they did not expect that the foreign exchange not only did not appreciate, but depreciated instead, which made them very upset. Many people invested one or two million, but lost tens of millions or even hundreds of millions, especially when the decline continued.

Most of these people came from Hong Kong. They met small business owners from the southeastern coast at banquets, parties, and promotional events. Most of them were women who dressed formally but had a very worldly air about them. After a few interactions, they bought these contracts, and then... they realized they had fallen into a trap, and their nightmare began.

It can be said that there is no way to appeal to the higher authorities; at most, the only option is to reach a settlement and pay compensation to settle the matter.

Today, the firm seeking cooperation with HSBC is naturally one of the top ten banks on Wall Street. This isn't their first visit; this time, they're here to sign a contract. Lately, HSBC has felt somewhat stretched thin, not in terms of wealth, but in terms of operations. They were preparing to acquire Midland Bank, but a large North American company beat them to it. They also tried to acquire another North American bank, but that too was beaten to it.

However, they acquired a North American bond-issuing bank specifically for issuing bonds. HSBC's biggest loss in 2008 came from this bond-issuing bank, resulting in a loss of several billion dollars.

HSBC later acquired a bank in South America. As for why they bought this bank, it was obviously to help certain people. What does South America produce? Their specialties can't be sold in the open, so they naturally need banks to help them solve this problem. This isn't the first time HSBC has done this; they've been fined several times in recent years. And South America, where they have the largest business, has a huge customer base.

These customer groups possess wealth that ordinary people cannot see, and it is enormous. HSBC collaborates with these people, and then North America will seize on this as leverage. More than a decade later, they will sell information about one of these customers.

It's just that it's not there yet. In the past, I was a member of the Hong Kong elites; now I'm a helper for South American flour milling.

"We believe that this 2 billion yuan cooperation will be followed by many more in the future."

"certainly!"

A group of people signed a contract for a two billion dollar CDS deal, which, after being beautifully packaged, included some debt and was sold to HSBC. They've done many similar things in North America over the past few years, and HSBC's North American branches are also doing similar things.

How do investment banks from Wall Street find their way to Hong Kong?

This all started with a party. Stephen Realty had a commercial project in New York, so naturally they had to hold a party. They were preparing for their IPO in New York and wanted to use the funds raised to expand their operations overseas and develop several high-end real estate projects.

Therefore, they also invited investment banks from New York to take the opportunity to build closer relationships.

"Congratulations, John. Stephen Realty is about to take another step forward, and your boss may be making a comeback."

Don't take praise from investment banks too seriously. Their behavior can only be described as profit-driven. Otherwise, their praise would just be commercial flattery.

John, of course, understood the situation and said modestly, "Our boss is currently investigating real estate in the East to see if there's any business there." He said this with a proud look on his face.

"That's a real adventurer. I wish him success again."

"Thank you for your kind words," John said, raising his glass in acceptance. The other man, as if suddenly remembering something, added, "Is it easier to develop real estate over there than in North America?"

John shared the rumors he'd heard from Zhang San with the investment bankers around him. They were excited to hear that HSBC was incredibly wealthy and had an inexplicable confidence in real estate.

The subprime crisis wasn't unseen; people just sensed the increasing risk and therefore urgently needed to sell their high-risk bonds. Otherwise, how could they protect themselves?

They rushed back to the company and immediately gathered their team members. A tense yet excited atmosphere filled the meeting room; everyone knew the importance of this operation.

The person in charge stood at the front and briefly introduced the situation and objectives. They needed to find buyers for their subprime bonds as soon as possible, and Hong Kong was a market full of opportunities.

"The real estate industry there is very developed, and people there believe that house prices will rise; moreover, the financial sector there is also very developed, and there are many wealthy people there. Therefore, your first target should be HSBC, as they are the issuing bank there, and they must have a lot of money..."

"Your mission this time is to reach one billion US dollars. Of course, if you exceed the target, your bonus will be increased, and you will also be promoted and receive a raise."

The people in the conference room looked at each other in surprise; they hadn't expected their destination to be Hong Kong.

The team members sprang into action, dividing the work among themselves. Some began preparing materials and meticulously designing plans; others contacted HSBC in Hong Kong to schedule a meeting; still others researched market trends and analyzed competitors.

During the preparation phase before departure, everyone was full of enthusiasm and confidence. They were well aware of the difficulty of this sales task, but they also believed in their own abilities and the strength of the team.

Finally, everything was ready. Filled with hope and anticipation, they embarked on their journey to Hong Kong. On the plane, they continued to discuss the details and refine their plans.

Upon arriving in Hong Kong, they immediately began their sales efforts. Their first target was HSBC. They had researched the bank and believed that if they could secure HSBC, other banks in Hong Kong would be no problem. They used their professional knowledge and enthusiastic attitude to introduce the advantages and potential of subprime bonds to HSBC.

Despite encountering some difficulties and challenges, they never gave up.

HSBC is making money, but the money it makes doesn't belong to these executives; they only receive salaries and bonuses. Once those people figure out the tricks of the trade, they naturally have ways to address the root causes.

Giving away money and girls, and unleashing ultimate combos, is definitely not a problem.