Through the wealth life

Chapter 511 Corporate Bonds

Chapter 511 Corporate Bonds
With the arrival of eight o'clock, the banquet officially began. On behalf of CITIC Group, the helm of the Rong family expressed his gratitude to the guests present today. Expand Cooperation.

After talking about CITIC Group, the helm of the Rong family also invited everyone to take a look at the mainland if they have time on behalf of the mainland, and also looked forward to investing in the mainland.

This time, the helm of the Rong family came to Xiangjiang mainly for the purpose of cooperating with Xiangjiang Capital in leasing business.

The mainland is currently reforming and developing, and many companies need to import some equipment, but now the company has financial difficulties, and the country is also relatively short of funds. It is for this purpose that he hopes to cooperate with Heung Kong Capital to issue corporate bonds to purchase equipment and rent it to domestic companies.

This time, he mainly wanted to solve the capital needs of a domestic chemical company. The technical innovation of the factory was carried out there. Due to the lack of funds, it had to be postponed in 80. He hoped that this time he could gather funds from outside so that the factory could be completed. Technological innovation creates greater profits.

The leader of the Rong family is very clear that the debt securities he planned is relatively large compared to the current mainland, but in Xiangjiang, as long as these families are willing to support, this amount of funds is not a problem at all.

He put the main target on the major banking families in Xiangjiang. They are the best recipients of this bond, and they are fully capable of releasing them or holding them themselves.

The head of the Rong family knew that there was a person among them, as long as he wanted, he could eat the bond this time by himself, but he himself was not at all sure of persuading the other party.

After finishing his speech, he came to Huo Yingdong and said to him: "Mr. Huo, you are also a director of our CITIC Group. This time we plan to cooperate with some banks in Hong Kong to issue 20 billion Hong Kong dollars in corporate bonds. Do you think we should find Who should we talk to, and whom should we talk to first?"

Huo Yingdong also understands the current difficulties faced by the mainland. The issuance of corporate bonds this time is also to support the reform and development of the mainland. He also hopes that the bonds can be issued smoothly this time.

The current situation in Xiangjiang is also somewhat complicated. A group of banks headed by HSBC, Standard Chartered and Hang Seng Bank of HSBC Holdings may not come to undertake this business at this time.

With Tianyu, East Asia, Heung Kong Asian Commercial Bank, Wing Hang and Sun Hung Kai Bank led by Li Guangyu, the remaining small banks are unable to undertake such a large amount of corporate bonds.

Especially Wing Hang Bank, although Feng Jingyao is now the major shareholder, and he is fully in charge of the bank's development here, but Huo Yingdong knows in his heart that Feng Jingyao is just a puppet who stepped forward, and the bank is still actually controlled by Li Guangyu.

The reason why Li Guangyu did this was to bring Wing Hang Bank into the mainland market. After Wing Hang Bank and Tianyu Financial Group drew a line, the restrictions on entering the mainland were much smaller than those of Li Guangyu's Tianyu Bank. Li Guangyu probably knew the reason very well.

Huo Yingdong said: "Rongsheng, I believe you already have a goal in your heart, but you are worried that you will not be able to reach a cooperation with him."

Of course, the leader of the Rong family knew who to look for, but before he visited Li Guangyu yesterday, the relationship between the two parties was still at a stalemate. Who knew what Li Guangyu was planning at this time.

And the other party replied yesterday that Li's consortium is currently short of funds and unable to invest in the mainland.

The man at the helm of the Rong family said, "Huo Sheng, do you think Li Guangyu is willing to make a move this time?"

Huo Yingdong didn't dare to draw conclusions now, and now he couldn't understand Li Guangyu's actions more and more.In the past, although he would not stand up and shout support for the mainland, his actions clearly expressed his optimism and support for the mainland.

Huo Yingdong said: "No matter what kind of idea Li Guangyu has, we will always try it out. After all, with his support, our bond can be sold soon."

A few people around Li Guangyu began to chat, and Zheng Yutong said: "The Kadoorie family contacted me and asked me if I wanted the part of his shares. I wanted to buy it myself, but my New World Real Estate The current funds here are limited, so I plan to let China Investment Company acquire this part of the equity, and I don’t know what your opinions are.”

On the one hand, Zheng Yutong's own side is indeed a little short of funds, and on the other hand, he also hopes to bring in China Investment Company to continue to strengthen the relationship between the Zheng family and these companies.

Li Guangyu himself has no objection to the comparison. Anyway, the part of the shares held by the Kadoorie family is now worth more than 3 million Hong Kong dollars. Several of them will buy it, and one family is only tens of millions of Hong Kong dollars.

Seeing that several companies did not refuse, Zheng Yutong was very happy. As long as he got the shares in Kadoorie's hands, his Zheng family's management of Xiangjiang Shanghai Hotel Group would not be influenced by anyone.

After all, there was no absolute controlling right before, and if the Kadoorie family wanted to make trouble on the issue of the hotel, Zheng Yutong had nothing to do about it.

Just when Zheng Yutong was about to say something, Huo Yingdong, the helm of the Rong family, Li Guobao, Feng Jingyao, and Chen Youqing came to them.

Huo Yingdong said: "Yutong, congratulations, the most famous hotel in Xiangjiang is finally under the control of our Chinese family."

Zheng Yutong responded with a smile: "Yingdong, this time it was mainly the help of Guangyu and Jingxi that allowed me to control this hotel group. Otherwise, my Zheng family alone would be far behind the Kadoorie family. , what are you doing here?"

Huo Yingdong then talked about the issuance of corporate bonds by CITIC Group, and asked Li Guangyu and Feng Jingxi if they were interested in it.

Li Guangyu did not respond to Huo Yingdong's question, but asked several bank leaders who came here: "Li Sheng, Chen Sheng, Feng Sheng, what do you three plan? Based on the words of your three banks issuing this bond , there should be no problem."

Li Guobao immediately said: "Li Sheng, we haven't made a decision yet. After all, for such a big matter, we still need to hold a board meeting after we go back. Then we can decide whether to underwrite this bond. We are also here to listen your thoughts."

Li Guobao is now also worried about the property market. Once the property market collapses and the major banks have problems, they will need a large amount of funds to maintain the stability of the bank. At this time, he dare not take any risks.

Li Guangyu didn't care about the issue of underwriting corporate bonds. Anyway, these were sold to the citizens of Xiangjiang. Although the term of the bonds was longer, but with an annual interest rate of 8.7%, Li Guangyu believed that some people would still buy them.

Li Guangyu himself did not intend to let his bank hold these debt securities. He had a better chance to make profits, and it was not worthwhile to put money in it.

Li Guangyu said: "Rongsheng, Huosheng, Tianyu Bank can sell this batch of bonds for you. We have a limit of one month. How much we can sell depends on luck. I dare not give you a big guarantee for this matter. We will settle the settlement in a month, I wonder if you are willing?"

……

(End of this chapter)

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