Feng Yu knew that Fu Guangzheng was shocked by the news he got from his higher-ups. He only hoped that Fu Guangzheng could persuade his family to lend him money. At the very least, he should help him get a loan from a Hong Kong bank.
Fu Guangzheng and the Fu family had always thought that Feng Yu had a powerful background. On the surface, his parents were farmers, but he might have a powerful background!
If he did not have a powerful background, how would Feng Yu know about all these news? Why did Feng Yu trade with the Soviet Union? Why did he use the military train every time? Especially when Feng Yu made his fortune through Treasury bonds. Without any information from the higher-ups, how would he dare to bet all his money on Treasury bonds?
Maybe Feng Yu had a third granduncle or second granduncle who was from the Central Government. At least they could get in touch with the Central Government's policies. This was why Feng Yu could make so much money every time he invested. The news that Feng Yu told him must be from the person behind Feng Yu.
Seems like there will be listed companies in China?
Fu Guangzheng called his father and told him about Feng Yu. He also told him that Feng Yu wanted to borrow a sum of money from the Fu family. The annual interest was 10% for 3 years.
Fu Rongjing asked about it, and Feng Yu wanted to invest in China's stocks. He also felt that it was a joke. Even if China's stock market was on the rise, not all stocks would make money. There would not be a lot of stocks that will be listed initially. Would there be so many people in China who would dare to buy stocks?
Fu Rongjing contacted his family and told them about the news from Fu Guangzheng. The Yen will rise and Japan's property market will crash. China might set up a stock exchange and there will be listed companies.
The eldest son of the Fu family, Fu Rongqi, was an expert in financial investments. His company had researched the US and knew that the US had intervened in Japan's economy. The rise of the Yen would be beneficial to the US.
Fu Rongqi was still observing the situation. But after hearing what Fu Rongjing said, he felt that there was an 80% chance that the Yen would continue to rise. Although China's economy had just started to improve, it was still growing rapidly. With the whole country's think tank as the basis for their decisions, it would be more reliable than his information.
But the second son of the Fu family, Fu Rongqu, did not think so. Japan's property market will crash? How was this possible? Right now, the number one economy in the world is not the US, but Japan. Japan's stock market is booming, and technology is flourishing. Besides, there are so many Americans and Europeans investing in real estate in Japan. How can it collapse?
Although the price of real estate had fallen, this was a normal phenomenon in the market. By the end of the year, it would definitely rise again. At that time, it would be more profitable to sell it.
Fu Rongbing kept quiet. Some time ago, Fu Rongbing and Fu Rongbing had set up a company to sell a new type of humidifier. They had made a lot of money in the US and Europe. Fu Rongbing's investment in Japan was also rising. Fu Rongbing's company was the only one that did not make any progress.
This time, Lao Si said that the boss in China had some good news about investment, so he followed him to listen. But when he heard that it was about investing in the Chinese stock market, he immediately lost interest. China is so backward. How can there be a stock exchange in such a short time to allow companies to be listed?
As for lending money or being a guarantor, he would never agree to it. I didn't get a share of the profits last time, so you thought of me when you borrowed money as a guarantee? No way!
"Boss, do you think the news is credible?"
"I believe you. From tomorrow onwards, I will trade more Yen futures. The faster it rises, the more I will earn!"
"Boss, don't forget that Yen had already risen so much. Do you still believe that it will rise again?" Fu Rongqu sneered.
What news from the higher-ups in China? How can China be compared to Hong Kong?
"Lao Er, Lao San, both of you want to invest in this humidifier company, right? Each of you can take out 50 million HKD, and I will sell some shares to you. "
Fu Rongqu and Fu Rongbing's eyes brighten up. Their boss was willing to sell shares to them? On one hand, it can be said that their boss was taking care of them. On the other hand, it could be that their boss wanted to invest more money into Forex futures and Yen!
Fu Rongqu did not have 50 million HKD on hand. But when he thought about the profits of this company, he decided to sell the properties in Japan even if he had to suffer some losses.
Fu Rongbing also decided to take out some cash to invest in this company. This company would definitely be more profitable than his other businesses.
"Lao Si, how much does that General Manager Feng want to borrow?"
Fu Rongjing suddenly said: "No need. I will be the guarantor for General Manager Feng's loan."
Their boss had always been better at investing than the other 3 brothers. Even their boss wanted to lend money to Feng Yu. Why not let him or Fu Guangzheng owe him this favor?
After Hong Kong's return to China, he would have the upper hand in the Chinese market. His assets might even surpass his boss.
Fu Rongqi looked at Lao Si and nodded: "Then let's go with your plan. This General Manager Feng is not simple."
… …
"You had helped me to contact Hong Kong's Citibank and HSBC?"
Feng Yu was overjoyed. Fu Guangzheng had agreed to be his guarantor in the end. Feng Yu had something valuable in his hands. The shares were valuable and could be used as collateral for loans.
He used the company's assets as collateral for the loans and used the loans to buy the shares. He used the shares as collateral for the loans. This was similar to what real estate companies did in the future.
Taking a loan to buy land and then mortgaging the land to another bank for a loan. Halfway through the construction, he used the land as collateral for the loan to complete the construction. The real estate company had only used 10% of the total investment. The rest was from the bank loans.
In the end, these repeated loans were stopped and classified as illegal loans. With this situation, the company's reputation would be tarnished, and it would be hard for them to get loans in the future.
Also, Feng Yu had used the loan as an investment. He had used the shares to invest in the company, and he was suspected of misappropriating the funds. But if Feng Yu continued to get loans from China's banks, he would not be able to hide it from them. If things got out of hand, he might end up in jail.
But getting loans from Hong Kong banks was different. The Chinese banks would not be able to find out. The Hong Kong banks only accept collateral, and with Fu Rongjing as the guarantor, Feng Yu would be able to get a safe loan.
Most importantly, the amount of money Feng Yu could get was more than what he could get from the Fu family!
"How is it, General Manager Feng? Are you satisfied?" Fu Guangzheng laughed.
"I wonder how much money the two banks can lend me?"
"How many shares do you have?"
Feng Yu stretched out his hand and said: "100 million RMB!"
"How much? 100 million! "Fu Guangzheng was shocked. He knew that Feng Yu had invested a lot, but he did not expect him to invest so much. 100 million? Feng Yu's company does not need liquid funds?
If it weren't for the fact that he had been working with those suppliers for a long time and could postpone the payments by a month, Feng Yu would not dare to do this. The trade with the Soviet Union must not be cut off. This was the link between him and Kirilenko.
As for the Soviet Union equipment and technologies, Feng Yu collected the deposit and transferred it to Kirilenko. When the buyers came to collect the goods, he will transfer the balance to Kirilenko. In fact, he did not need to spend a lot of money.
This time, Feng Yu was putting all his eggs in one basket!
"100 million. Fine. You have so many shares, and my father is your guarantor. Getting a loan of more than 100 million RMB should not be a problem!"
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