Li Chaoren said, "That's right. We entered the Japanese stock market at almost the same time. When Shen Dong withdrew, he made at least 35% profit. 15 billion US dollars, 5 times leverage, and excluding the corresponding handling fees, Shen Dong's profit is at least more than 24 billion US dollars."
Li Zekai cursed: "Damn, this guy is really lucky."
Li Chaoren frowned and said, "Zekai, is it difficult to admit that you are not as good as the other party?"
Li Zekai lowered his head and was silent for a moment, then said, "Okay, I admit that Shen Dong's courage and vision are indeed far superior to mine, but I will never learn from his desperate approach. It's too risky."
Li Chaoren nodded with satisfaction and said, "That's right. Shen Dong's risky behavior can make him win a lot of money, but if he loses once, it will be all over. We are developing step by step, slowly but steadily. In the long run, our approach should be right."
"What annoys me is not how much money Shen Dong made, but that he became the owner of Hang Seng Bank without making a fuss."
Li Zeju said: "Father, we missed it."
Li Chaoren sighed and said, "Yes, one step slow, every step slow. When Hang Seng Bank plummeted, we didn't understand the situation. By the time we understood the situation, Shen Dong had already completed the acquisition."
Li Zeju said: "However, this is also a good thing. At least this money-eating beast that has been dominating Hong Kong Island for decades has fallen into the hands of our locals."
Li Zekai said: "The Eagle Sauce Consortium and the Eagle Sauce Government are likely to withdraw all the money deposited in Hang Seng Bank. This withdrawal will be enough to cause serious damage to Hang Seng Bank. I think Shen Dong will have a lot of trouble in the future."
Li Chaoren took a sip of coffee and said, "Then let's go and help out."
Li Zekai was stunned and asked, "Father, are you also planning to withdraw from Hang Seng Bank?"
Li Chaoren said: "On the contrary, I want to put the money into Hang Seng Bank."
Li Zekai frowned and asked, "Why?"
Li Zekai has no good feelings towards Shen Dong at all.
The Li family also lost a lot of face because of him.
Now that Shen Dong is in trouble, Li Chaoren actually wants to help his enemy, which makes Li Zekai very confused.
Chapter 593: The Battle between the Locals and the Eagle Sauce
Li Chaoren adjusted his glasses and said, "Those who are not of our race must have different hearts. Moreover, Shen Dong is a shareholder of our light bulb company. For both public and private reasons, we should help him."
Li Zeju's heart moved, and he said, "Father, I'm afraid you are not interested in the bar?"
Li Chaoren laughed and said, "Shen Dong owns 96% of Hang Seng Bank's shares. It's impossible for him to keep controlling them forever."
Li Zekai suddenly realized and said, "Father, you want to become a shareholder of Hang Seng Bank. But Shen Dong may not agree. After all, the last thing he lacks now is money."
Li Chaoren smiled and said, "Whether or not to sell the shares has nothing to do with whether Shen Dong is short of money. Even if we can't buy them, it doesn't matter. According to the interest subsidy given by Shen Dong, if we put our money with him, it will be at least 20% higher than if we put it in other banks. Why not?"
Li Zeju said: "Father is right."
That afternoon, as soon as the stock market opened, Hang Seng Bank's stock price soared like a rocket.
However, only 4% of the shares on the market are in the hands of retail investors, so shareholders can only watch helplessly and cannot even get a sip of the soup.
By the close of trading, Hang Seng Bank's total market value had reached US$5 billion.
The next morning, 123 American companies announced that they would withdraw nearly 30 billion U.S. dollars from Hang Seng Bank and transfer them to Citibank and other banks.
As soon as the news came out, Hang Seng Bank, which had been surging, stopped and fell by 5%.
Before the market opened in the afternoon, another piece of news came out.
The Huo family, the three major families and dozens of other large local companies all announced that they would transfer part of their funds to Hang Seng Bank.
At the same time, Hang Seng Bank formally promised to subsidize the interest lost by the withdrawal of the Eagle Sauce Consortium to other depositors, and specific measures will be introduced a week later.
As soon as the two pieces of news were announced, everyone with a discerning eye could see that the Hang Seng Bank incident had turned into a dispute between local businessmen in Hong Kong and the Eagle Sauce consortium.
Before the market closed, Hang Seng Bank's share price increased by 10% compared to yesterday, and its total market value exceeded US$5.5 billion.
Hang Seng Bank CEO's Office
There was a thick stack of resignation letters on Shen Dong’s desk, all from Yingjiang employees.
They elected five or six representatives, and first expressed their dissatisfaction to Shen Dong in an angry manner.
Without waiting for Shen Dong to react, they turned around and left, making Shen Dong so angry that his face turned red and his neck became thick.
"Ahao, what's going on with Liu Dong?" Shen Dong threw all the resignation letters into the trash can and asked Song Zihao.
Song Zihao said: "Mr. Liu Dong is a great talent, much more capable than me. After he took over the audit work of the two major banks, he quickly found the loopholes. Brother Dong, I think there is no problem for him to serve as the president of Hang Seng Bank."
Shen Dong laughed and said, "How much good have you received from Liu Dong? Why are you speaking for him like this?"
Song Zihao shrugged and said, "A meal of honey-glazed barbecued pork."
"You're easy to deal with."
Shen Dong rolled his eyes, then picked up the dirty materials on the top executives of Hang Seng Bank and Standard Chartered Bank on the table and said, "Let Liu Dong temporarily serve as the president of Hang Seng Bank. I don't care what methods he uses, but within a month, Hang Seng Bank must be completely stabilized. As for these bank parasites, all those locals from Hong Kong Island, let them spit out their money and get out. As for those Eagle Sauce guys, don't hesitate, just take them to court."
Song Zihao said: "Brother Dong, if you do this, I'm afraid it will cause dissatisfaction among the Eagle Sauce people."
Shen Dong sneered, "If I don't do this, will they be satisfied? Don't be ridiculous. Ah Hao, we have killed too many people from the Eagle Sauce Consortium. We have no chance of turning back, so we don't need to hold back. Leave all these things to Li Dong. I want to see his ability."
Song Zihao nodded and said, "I understand. Brother Dong, if there is nothing else, I will get busy."
"Not in a hurry."
Shen Dong waved his hand and said with a smile: "I heard that you have a girlfriend?"
Song Zihao's face turned red and he asked, "Do you know?"
Shen Dong saw Song Zihao's expression and scolded him with a smile: "Damn, you are already over 40 years old, why are you still so shy? Don't tell me you are still a virgin?"
Song Zihao immediately said: "Of course not."
Shen Dong said: "Tell me, who is your girlfriend? What does she do?"
Song Zihao said, "She is the deputy director of the advertising and marketing department of Asia Television. Her name is Zhang Jiajia. My sister-in-law Arou introduced her to me. We have been dating for about half a year and I feel she is pretty good."
Shen Dong asked: "How old is she?"
Song Zihao said, "She is 36 years old, has a PhD in finance from Harvard, and has been married once. But within a week of the marriage, her husband died in a car accident. Jia Jia has not found another husband in the past few years."
Shen Dong nodded and said, "Ah Hao, you are not a child anymore. It is not easy to meet the right person. When it is time to take action, do not hesitate."
Song Zihao smiled and said, "Before I went to Japan, I had already proposed successfully, but the wedding date has not been set yet."
"Depend on."
Shen Dong slapped his forehead and said, "It seems that I have delayed your good thing."
Song Zihao said quickly: "Brother Dong, please don't say that. You entrusted all the important matters in Japan to me. This shows your absolute trust in me. I am only grateful."
Shen Dong smiled and said, "Stop flattering me. Xiao Ma and A Chan are also preparing to get married. Let me tell you, why don't you just hold the wedding together? The brothers have been very busy in the past two years. We have made a lot of money, but the opportunities to get together are very few. It's just right to use your wedding as an opportunity for everyone to get together. What do you think?"
Song Zihao said: "I will discuss it with Xiao Ma."
Shen Dong said, "It's useless for you to discuss this. The most important thing is Ah Chan and Miss Zhang. If they don't agree, forget it. After all, marriage is the most important thing in a woman's life, and there can't be any reluctance."
Song Zihao nodded and said, "Okay."
Just then, Shen Dong's phone rang.
"Brother Dong, I'm leaving first." Song Zihao stood up and said.
Shen Dong nodded and said, "Go ahead."
After Song Zihao left, Shen Dong answered the phone.
"President Du, do you have any instructions?"
"How dare I instruct you, the world's richest man. Tomorrow night, our Xiahua Society is going to hold a banquet and invite famous Hong Kong business people. I hope you, Mr. Shen, can come."
"President Du, may I ask what is the purpose of your company hosting this banquet?"
"Six words: attract investment to the inland."
Shen Dong said helplessly: "I have invested enough, you are not going to fleece me anymore, are you?"
"The main reason is that you are too well-fed. If you can invest a quarter of the $20 billion in the mainland, it will be enough to change the economic outlook of a province. Tell me, can we not invite a super-rich person like you?"
"Thank you for your appreciation. I'll tell you the truth. When the turmoil at Hang Seng Bank is over, I will set up branches in major first-tier cities. If you have no objection, I can be a role model for investment."
Chapter 594 Song Zijie's Depression
Bringing Hang Seng Bank over and exchanging U.S. dollars for Xiaguo currency to support the development of Inland Tengfei Group is undoubtedly a very good choice.
Not to mention other things, the exchange rate issue alone would allow Shen Dong to gain a huge advantage.
Similarly, the country can also have more foreign exchange.
Du Yuxin heard this and said happily, "Great. Mr. Shen, let me tell you something. As long as your Tengfei Group goes to the inland to invest, no matter where you are interested, the local government will open the door to welcome you. In a word, we will have the land, the people and the policies. If you invest in US dollars, we will give you a bigger discount."
Shen Dong said: "I will remember what you said. I may make a big move in the future, and I hope to get the support of the government then."
Du Yuxin asked: "Can you tell us how big it will be?"
Shen Dong smiled and said, "An industry with at least billions of profits a year, is that big enough?"
After all the funds were withdrawn from the Japanese stock market, Shen Dong immediately set his sights on acquiring Japanese high-tech companies in semiconductors, communications, electronics, games, and the Internet.
The real estate and electronics industries were hit hardest by the stock market crash.
Many companies are facing bankruptcy.
The employees of Tengfei Investment Company were divided into eight groups, each responsible for a target. Three of the groups have already started negotiating acquisition issues with the other party.
Shen Dong knows how important these industries are to the future development of science and technology, so he must seize this once-in-a-lifetime opportunity to acquire these companies and lay a solid foundation for Tengfei Technology Company to become a world-class technology giant.
Du Yuxin asked suspiciously, "Are you making empty promises for us?"
Shen Dong said: "It's not about drawing big cakes, but about delivering big cakes."
"Hahaha"
Du Yuxin laughed and said, "Then I will wait for your good news."
A villa in Central
Song Zihao gathered together with his younger brother Song Zijie, his sister-in-law Zhong Rou, his nephew Xiaoyan, and his girlfriend Zhang Jiajia.
Song Zihao is very satisfied with his current life.
His relationship with Song Zijie had long returned to normal, and he treated Xiaoyan as his own son. The toys he bought for this boy alone filled up the bedroom in Song Zijie's house.
The only thing that made Song Zihao feel helpless was that Song Zijie refused to take his money.
She would rather live in a small house of 70 square meters than live in the 200 square meter mansion he bought.
However, seeing that the family of three lived so happily, Song Zihao was very pleased.
Zhong Rou took a sip of the red wine, her eyes lit up, and she said, "Brother, what kind of wine is this? It tastes really good."
Song Zihao smiled and said, "Some time ago, Brother Dong bought a batch of red wine from abroad for his girlfriend, and each of us got two boxes."
Zhang Jiajia said, "I've drunk this kind of red wine abroad, and the price is about 8,000 US dollars a bottle. However, the bottle I drank was obviously not as good as this one. I estimate it was at least 12,000 US dollars."
Zhong Rou took a deep breath and said, "Oh my god, this is too expensive. It's almost as much as my salary for half a year."
Zhang Jiajia said: "For a super-rich man with a net worth of tens of billions of dollars, this little money is nothing."
Song Zihao said: "Brother Dong has no interest in red wine. He usually drinks Maotai which costs 200 Hong Kong dollars a bottle."
Zhang Jiajia asked curiously, "Husband, did you really make 20 billion US dollars from the Japanese stock market during this business trip?"
Song Zihao nodded and said, "No more, no less."
Zhang Jiajia said: "You invested 15 billion US dollars and used five times leverage. Aren't you afraid of losing money?"
Song Zihao shrugged and said, "Maybe this is the difference between Brother Dong and ordinary people like us? He predicted half a year ago that the Lighthouse Country would never let Japan's economy surpass its own, but Brother Dong didn't know when the stock market would plummet. After entering the Japanese stock market, our plan was to stick with it for one to three years. Unexpectedly, Japan couldn't hold on for just half a month. Haha, it feels good to be able to make money from the Japanese devils, to be honest."
Song Zijie had no good feelings towards Shen Dong and said, "After making so much money, your boss shouldn't have any more contact with the society, right?"
Song Zihao sighed and said, "The future goal of Tengfei Group is the stars and the sea. How can we contact those societies again?"
Song Zijie said: "But you still occupy a lot of territory and are still collecting protection fees from those merchants."
Song Zihao said, "Do you know that Brother Dong wanted to withdraw his people a long time ago? More than a hundred merchants in those territories jointly wrote a letter to Brother Dong, asking our people not to leave. There was no other way, so Brother Dong had to let the brothers continue to stay there."
Song Zijie laughed and said, "Brother, are you kidding?"
Song Zihao said, "The merchants in these territories are protected by our brothers. No society dares to cause trouble, and the protection fee we collect is less than 30% of that of other societies. If we leave, these territories will be swallowed up by other societies immediately. At that time, the protection fees of these merchants will at least increase by three times. The most terrible thing is that their safety will also be in big trouble. It is hard to say whether the business can be done. Ah Jie, if it were you, what would you choose?"
"I..."
Song Zijie was speechless.
You'll Also Like
-
It's normal to get a kaleidoscope as a first deposit of six yuan, right?
Chapter 146 14 hours ago -
Soul Master Continent: Summoning 300 Title Douluos at the Start
Chapter 205 14 hours ago -
Douluo Continent: The Medicine Master Lives Inside My Body
Chapter 227 14 hours ago -
Anime Crossover: Master is Not Here Today
Chapter 478 14 hours ago -
Hong Kong variety show: An undercover agent from Infernal Affairs? I'm not human anymore!
Chapter 800 14 hours ago -
My girlfriend is Saiki Kusunoki
Chapter 140 14 hours ago -
Marvel: Spider-Man? No, I'm Superman!
Chapter 269 14 hours ago -
Conan: Above all force, there is truth!
Chapter 339 14 hours ago -
Ninja World: I'm really a support-type ninja
Chapter 375 14 hours ago -
After going into the sea, I met the witch.
Chapter 113 14 hours ago