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Chapter 795

Chapter 795
At this time, money is just a string of numbers on the books for Su Chen.

Before the press conference, he immediately went to pay back the Wells Fargo owed.

"Su, you really predicted it accurately this time."

In the evening, his father-in-law, Eaton, called him. Of course, it is daytime in the United States, and Eaton said excitedly on the phone, "I also made a lot of money with you. If I had known, I would invest a little more money." .”

Although Su Chen did use 20 billion funds to operate, Eaton didn't think he really invested 1000 billion.

Neither Eaton nor Mr. He knew how much money Su Chen had made in the stock market.

"I'm just making a bold prediction." Su Chen said, "My father-in-law, I asked Bernice to pay off all the debts owed by your bank. Can the interest be calculated less?"

"It seems that you really made a lot of money this time. I like a debtor like you very much." Eaton said with a smile, "With the stock market crash, do you know what the Americans gave you?"

"What?" Su Chen was confused.

"Didn't your published "Currency War" Chapter 8 predict the stock market crash? That's why Americans call you an Eastern wizard."

Eaton said, "Your book is going to sell like crazy in the United States, and you also boldly predicted the possible measures the U.S. government might take. Many people say that the U.S. government is doing what you say."

"Harvard Business School has to rush to print another 50 copies. I predict that the 50 copies will be out of stock soon. If you are not so bothered, it will be fine."

Su Chen ignored his last words, and said, "This is a good thing, and I can share the income with the publishing house."

"I heard that idiot Ian is going crazy with joy. Your two books have directly produced phenomenal sales. He walks with style now, and even the board of directors of Harvard appreciates him."

Eaton was a little gloating on the phone: "As for the publishing house that rejected you at the beginning, it was miserable. Not only did the president step down, but he also issued an order not to discriminate against anyone in the future."

After a pause, Eaton asked again: "What development plans do you have recently? Why don't we make another big one?"

"Recently, I've been busy rectifying the industry." Su Chen told the old man that he was investigated by the British for his acquisition of Swire.

The old man thought about it seriously, and said: "Although I don't know much about this company, according to what you said, the British regard this company as their own son. If you beat his own son violently in front of others, the British will definitely not let you go.

However, if you split the company in advance, the anti-monopoly law will have nothing to do with you. At most, it will hinder your operation. You still have to be careful, the British are very treacherous. "

"I understand, so I have to be busy dealing with the British methods during this time." Su Chen said.

Eaton said: "If you announce a bailout, the British will still act according to your face. You can use this as a condition to negotiate with them."

The two chatted for a while, then hung up the phone.

When writing "Currency War", Su Chen knew that this book would be popular, but he didn't expect that he would get the title of "Oriental Wizard".

Moreover, the most controversial part of the original work has been revised, because the Federal Reserve, as the central bank of the world's largest economy, holds a low position.

However, Chinese people do not know much about this organization. Many Chinese people are deeply influenced by the original "Currency War" and believe that the Federal Reserve is a tool used by big conglomerates such as the Rothschild family to control the United States.

Therefore, in Mr. Su's version of "Currency War", the Federal Reserve is an institution independent of the government.

The economic influence of the Federal Reserve is great, but it is far from being able to control the wind and rain, and it is impossible to become a tool for a few financial groups to control the world.

I got used to lighting a cigarette, thinking about what will happen at the press conference tomorrow.

"Aren't you a non-smoker?" Xue Fang, who was wearing pajamas, passed by the study and couldn't help asking when she saw Su Chen puffing.

Su Chen took a deep breath: "I've been under a lot of pressure lately, so I come here once in a while, why haven't you slept yet?"

"I'm hungry, get up and find something to eat."

Xue Fang walked into the study with two apples, sat on the stool, and took a bite.

My eyes glanced at the desk, and then I asked, "I'm more curious, how do you maintain enough energy to manage such a large enterprise?"

"So I'm splitting up the company now and starting to train president talents." Su Chen said with a smile, "My energy alone is always limited, and I must reform the power structure."

"What do you mean?"

"It means that after the reform, it is no longer me or Wanru or someone who has power, but the rules and procedures."

Su Chen patiently explained, "After acquiring so many companies, Wanru and I's rights have become an obstacle to the company's development."

"I don't understand this." Xue Fang took another bite of the apple and asked again, "How many employees does your company have now?"

"In Hong Kong, there are about 30 to [-] people, and there are probably tens of thousands of people in several factories in the Mainland."

Su Chen roughly calculated in his mind, "There are probably tens of thousands of people in the United States, tens of thousands in the UK, and tens of thousands in the Soviet Union."

"So many people?" Xue Fang's eyes widened, "No wonder you are so busy, go to bed early."

She got up and took two steps, then looked back at him.

"I heard that you told my sister that I like women?"

"Is there?" Of course Su Chen didn't admit it.

Xue Fang chuckled and took a bite of the apple, "Next time, don't make rumors."

……

the next morning.

For the press conference of Shengshi, the major newspapers have arranged for reporters to come and watch.

They all want to know what Shengshi will announce at this press conference.

The reason why Su Chen made it so grand was because once Shengshi announced to respond to the call to rescue the market, even if the British wanted to talk about Cathay Pacific, they would have to weigh it carefully.

On the evening of the 25th, the Financial Secretary announced that the 10 billion Hong Kong dollars provided by the major brokers in the futures market and the shareholders of Hong Kong futures companies, plus the 10 billion withdrawn from the Exchange Fund, totaled 20 billion Hong Kong dollars.

As a standby loan, it supports Hong Kong Futures Guarantee Co., Ltd. to save the futures market.

But on the 26th, it fell again horribly, so the Financial Secretary once again announced the allocation of HK$10 billion from the Exchange Fund.

Together with Bank of China, HSBC, and Standard Chartered Bank, another loan of HK$10 billion was made for a total of HK$20 billion in standby loans.

Only by mobilizing Hong Kong conglomerates to join hands to save the market can the market survive.

The total amount of these two announcements is only HK$40 billion.

But the 40 billion Hong Kong dollars is just a drop in the bucket for the current Hong Kong stock market, and the rest depends on HSBC and other Chinese capital.

And the biggest Chinese capital is Shengshi.

Many thoughtful people, when calculating the companies that lost the most in this stock market crash, suddenly found that none of Shengshi's industries were listed, and they were crazy privatized before listing.

Li Cucumber avoided the stock market crash through the chance and coincidence of raising funds, but Shengshi avoided this stock market crash directly and perfectly.

It can be said that Shengshi has no influence at all this time.

And those who originally held shares in Swire Jardine couldn't help secretly rejoicing, fortunately they sold their stocks, thanking Shengshi for allowing them to cash out at the highest point in the past, otherwise they would have lost nothing.

When the time came, Sheng Shi announced the start of the press conference.

The hostess made a speech casually, so she invited Su Chen to the stage.

Su Chen opened his mouth and said: "Welcome all journalists and friends, the recent global economic disaster, the disaster in the stock market this time can be described as landslides and ground cracks.

As a local company in Hong Kong, Shengshi has the responsibility to join hands with other institutions to help Hong Kong stocks and futures markets overcome difficulties during the market rescue called by the government. "

The camera clicked and clicked, and the camera never stopped.

Su Chen went on to say: "All the companies in Shengshi jointly invested 20 billion US dollars to rescue the market, which is 150 billion Hong Kong dollars. At the same time, Minsheng Bank cut the interest rate by [-]% to participate in the rescue..."

There was an exclamation in the audience, and a few idioms immediately popped up in everyone's head.

Wealth upstarts, capital darlings, bloody predators...

Su Chen raised his hand, and after there was no sound, he continued: "Also, we decided..."

(End of this chapter)

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