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Home > Comedy > Extraordinary Genius > Chapter 1700

Chapter 1700

Words:1805Update:22/10/25 02:47:55

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After Feng Yu left, Zhang Ruiqiang immediately reported to his higher-ups. This is not something he can decide.

If Feng Yu only wants to get a 20 billion USD loan, Zhang Ruiqiang can help. But from what Feng Yu said, Feng Yu will not only get a 20 billion USD loan. He might even get a higher loan. This is not something Zhang Ruiqiang can decide.

Also, Feng Yu mentioned that USD might continue to depreciate, and this will affect the higher-ups' foreign reserve policy. Seems like this year's foreign reserve needs to be adjusted. Increase the Euro and other foreign currencies, and decrease the USD reserves.

Hua Xia had been hesitating about USD's exchange rate all along. If USD depreciates, Hua Xia will suffer a lot of losses. But this will also lower the credibility of USD and reduce its usefulness. Of course, this usefulness cannot be replaced by the Euro and other currencies. Why can't RMB have a higher status?

In the international market, RMB's status is even lower than HKD.

USD, Pound, and Euro are the three currencies with the highest status in the international market. It's hard to say which one has a higher status as it is constantly changing. In the past, it was Pound. Now, it is USD. Maybe next year, it will be Euro.

Also, Canadian, Australian, and SGD are all higher than RMB. If it's not because of the Asian Financial Crisis, Japanese Yen and Thai Baht will also be higher than RMB.

A superpower's currency has such a low status? How can Hua Xia not think of ways to increase RMB's status?

This way, it will be more convenient for foreign trade settlements, and RMB can influence more countries. This means Hua Xia can influence more regions' economies, and Hua Xia can lower their foreign reserve.

Of course, this is a long way to go. Hua Xia can only achieve this if he continues to raise his status in the international market, especially in the economic and political sectors.

After Zhang Ruiqiang reported this to his higher-ups, many people gathered together to discuss this, including the heads of a few big banks.

"Taihua Holdings's shares should be a high-quality asset, right? 40%, and it is worth more than 30 billion USD? "

These leaders had seen this figure before. Some state-owned enterprises, like Hua Xia Petrochemicals, Hua Xia Petroleum, etc. are worth more than 10 billion USD a few years ago. These state-owned commercial banks are also worth a lot.

But those are a state-owned enterprise, and Feng Yu's company is a private company. How can it be the same? Also, this is a private company, and this is not a listed company.

"Based on the market value of Tai Hua Holding's subsidiaries and the proportion of their shares, 40% of Tai Hua Holding's shares is worth more than 30 billion USD. Getting a loan of 20 billion USD should not be a problem."

"But after he gets the loan, he has to transfer the money to an overseas account. Is that okay?" A bank president asked.

"Special cases are special. I still want to believe in Feng Yu," a leader said.

"But why does Feng Yu need so much money? Didn't his company get a lot of dividends last year? Feng Yu transferred all the money to his company in Hong Kong. His company should have at least tens of billions of USD in cash!" Some people still thought something was wrong. Feng Yu couldn't be short of money.

I haven't heard of Feng Yu investing in any big business. Besides, there is still the Wind and Rain Holding Group abroad. Why would Feng Yu ask for a loan?

Where did his money go?

"Err … Let me explain. Feng Yu's money is invested in Wind and Rain Consulting. He is investing in finance. He is looking for a loan from us. I think it is also a good thing. This is also a good income for the bank, right? "Zhang Ruiqiang said.

"Investment finance? Is it gold? I heard that the state had invested in gold in the past two years and had made a lot of money. Director Zhang had contributed a lot to this. "

Everyone knew someone from the higher-ups had spoken to Zhang Ruiqiang. Although it was not confirmed yet, Zhang Ruiqiang's promotion was certain. They were all praising Zhang Ruiqiang.

"Actually, it is Feng Yu's idea to invest in gold. Feng Yu is my investment consultant, and his annual salary is 1 USD."

"Only Director Zhang can make General Manager Feng Yu be our investment consultant. We can't even hire him." Someone said sourly. If only Feng Yu was their consultant.

"Ok. Let's not talk about this first. Does anyone object to Feng Yu's loan?" The leader who hosted the meeting interrupted the others. What's the point of talking about these irrelevant things?

Although commercial banks are allowed to take foreign exchange loans, the amount is limited. Feng Yu's loan had exceeded the limit.

If it was someone else, they would have rejected Feng Yu's loan.

"Leader, I think we should give Feng Yu a loan and encourage him to take more loans." Someone said.

"Huh? Why? "The leader was curious.

"Feng Yu has so many assets. Although he had made great contributions to the country, he had never agreed to the state's request to invest in him."

"If we give him a loan and he can't repay the loan, we can use the company's shares to repay the loan. We had bought Feng Yu's assets at less than 70% of the market value. It's a good deal. "

"The money earned in the future will be the state's assets, and we can redistribute it from top to bottom. This will help our country's economy to develop further. This is a good thing."

Zhang Ruiqiang retorted. "I don't agree with what Director Li said. Feng Yu had made a lot of money, but Feng Yu had donated a lot. The company can make more money in Feng Yu's hands than in the hands of many of us. "

"Feng Yu is Hua Xia's man. He is one of us. Most of his money was earned from overseas. Who can do this? His company does not lack money to develop. Are we going to forcefully invest in it? "

Director Li immediately said, "Director Zhang, I did not deny Feng Yu's contributions. I only said to invest in the company. I did not say that I will deprive Feng Yu of his management rights. He is still the company's major shareholder. The company should still be managed by him. "

"Furthermore, Feng Yu's company is not managed by Feng Yu himself. In China, it is managed by Zong Qingxian and Liu Chuanzhi, right? Abroad, there is a Japanese and an American. Both are not Hua Xia's people! "

Zhang Ruiqiang shook his head. "Director Li, you can't look at it this way. Those two companies can reach their current scale because of Feng Yu, right? Without Liu Chuanzhi and the others, are there no Zhao Chuanzhi and Li Chuanzhi? But without Feng Yu, do you think Zhang Yu or Tian Yu can do this? "

"Do you know what people overseas say? Feng Yu is worth 100 billion USD without any assets. Many people want to have a meal with him. Some are even willing to spend millions of USD! "

"Also, what is the condition of investing in Feng Yu's company? It is Feng Yu who cannot pay back the loan. Do you want Feng Yu to lose money? What is in it for us if Feng Yu loses money?! "

"Alright, stop arguing." The leader interrupted their argument. "Since he agreed to take the loan, then let's give him the loan. Zhang Ruiqiang, talk to Feng Yu. We have agreed to the loan. If Feng Yu wants to increase the shareholders of Wind and Rain Holdings or Taihua Holdings in the future, I hope the State Assets will be his first choice. "

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