legendary trader

Chapter 863 Chapter 864 Going Abroad for the New Year
After reading these materials, Chen Fan thought for a while before asking: "It means that the reorganization plan proposed by Xiangjiang Industrial may actually take a long time to negotiate with creditors, and there is a high probability that it will change in the end."

"This should be."

Zhang Quan replied without hesitation.

Chen Fan fell silent. He used to think that he was already very rich, with billions of dollars saved in his overseas account, but only now did he realize that it seemed that he really didn't have enough money.

Most of the money in my overseas account is the commission of several transactions, which is transferred into my account through an offshore company.

The money that Liu Ying used for the acquisition of overseas assets was the funds received from Chaofan's previous investment in dividends. Because it was a formal procedure and it was legitimate income that had paid taxes, Liu Ying also used it. All the money in the bank card, but did not use the funds in the overseas account.

In fact, Chen Fan currently has about 34 billion yuan in cash deposits in his overseas account, and more than one billion Huayuan in his own bank card.

However, Chen Fan's main assets are still in the bank account of Chaofan Investment. The standard currency account has 29 billion Chinese yuan, and the foreign currency account has 87 billion yuan. Chen Fan owns 74% of the equity. Who is Chaofan Investment? company of.

Although Chen Fan has also calculated that if he divides the money from overseas accounts, he can get at least 50 billion yuan after tax, and with the money in overseas accounts, he can take down the two assets, but Chaofan Investment does not You may not prepare a sum of cash. You must know that opportunities in the market may appear at any time. You should not just go to find money when opportunities arise, but you should hold the money in your hands and be ready to invest at any time.

Opportunities in the financial market are fleeting, but there is no time for you to find financing channels. It is impossible for you to call and transfer the money to you without any formalities.

So Chen Fan never thought of splitting up all the money in Chaofan's investment account, leaving at least 50 billion yuan for backup, so that he could actually spend more than 40 billion yuan to purchase assets.

However, after a quick balance, Chen Fan felt that the acquisition of Global Telecom seemed a bit risky, and it was still not as safe and reliable as the acquisition of power plant assets, although Chen Fan really coveted the optical fiber network laid by Global Telecom.

Of course, another important reason is the point mentioned in Zhang Quan’s report that science and technology are developing too fast now, and many technologies that are very advanced now may become obsolete in a few years. The price of equipment produced by technology is cheaper.

In fact, Global Telecom also suffered from this big loss. Back then, the equipment was expensive, but now the prices of these things have plummeted. The cost of laying the same optical fiber network is only a few billion, and there is no need for the hundreds of millions they spent. More than [-] million yuan.

It is also because of this that banks are not willing to provide high-value credit funds for their fiber optic network, which caused Globe Telecom to suffer heavy losses and tighten the capital chain until it finally collapsed completely.

"Forget it, investing in this high-tech industry is too risky."

Chen Fan shook his head helplessly, and completely gave up on Globe Telecom, which he was a bit optimistic about just now.

"By the way, has anyone formally made an offer for those power plants in Anran?"

Chen Fan turned his mind back to An Ran and asked about Zhang Quandao.

"It's all about contact, understanding, no offers so far."

Zhang Quan replied that he had been paying attention to this, because he already knew the news that Chen Fan wanted to win a power plant.

"If no offer has been made, what will happen in the end?"

Chen Fan asked suddenly.

"Shares are quantified and distributed to creditors to pay off debts."

Zhang Quan immediately replied, "It is now very clear that Enron is insolvent, the total assets and total liabilities they gave are too large, and a new trust fund will come out, because the longer the time delays, some contract terms There are more triggers, and the debt has been rising."

"Poor, I can only take down the smallest power plant, the big one is a bit difficult."

Chen Fan said seriously, with a self-deprecating smile on his face.

However, his expression fell into Zhang Quan's eyes, that is, he was pretending to be aggressive in front of him.

I am a wage earner myself, is it necessary for Chen Fan, as the boss, to be like this?
Chen Fan ignored Zhang Quan's state of mind. The purpose of coming here today was just that. He had dispelled the idea of ​​winning Global Telecom. It was a worthwhile trip, at least he didn't have to continue thinking about it.

"When do you think it is more appropriate for us to quote?"

Chen Fan continued to ask Zhang Quan. Zhang Quan may not have participated in this kind of negotiation, but he has collected a lot of information. He should have a good understanding of these things, that is, he lacks practical operations.

"At this stage, Enron's main focus should be on the trading department that has been suspended. That department must get rid of it as soon as possible, otherwise, once a new trading platform appears in the market, its value will be greatly reduced. Before that, I don’t think the current management team at Enron would consider negotiating with us even if we made an offer.”

Zhang Quan thought for a while before saying.

"That platform suspended trading after Enron declared bankruptcy, why?"

Chen Fan suddenly remembered the news he had seen before, so he asked casually.

"The credit is gone. The credit of the trading platform was established because of the existence of Enron. Whoever dares to transfer money to them now may not be able to get electricity or natural gas at that time, and become a creditor of Enron. In such a Under such circumstances, who would dare to make a deal with them?"

Zhang Quan laughed.

"That's right, if you give money or goods to An Ran now, it may be that the meat bun beats the dog with no return."

Chen Fan understood why Enron would suspend the transaction of Enron Online as soon as it filed for bankruptcy and carry out liquidation work.

Indeed, if it continues, it is very likely that someone will be accused of fraudulent transactions.

"Then keep an eye on this matter for me, and contact me as soon as the time is right, so that I can consider the quotation."

Chen Fan said to Zhang Quan that it is most appropriate to ask Zhang Quan to pay attention to this matter. His daily job is to collect and sort out information.

"President Chen, don't worry, I will notify you as soon as there is any latest news."

Zhang Quan hastily expressed his opinion.

In fact, these two operations with Chen Fan, although he didn't get as much money as the traders, his bonuses were worth the money he had earned in the past few years.

In the past few years, Oaktree Capital's annual income in the overseas market was only a few hundred million yuan, and it was impossible to go up.

But it is no longer the case. In the past, the amount of foreign investment of the company was not large, because it was worried about risks and losses, so operations were carried out cautiously.

But after getting to know Chen Fan, it seems that the company has become more courageous. It often spends more than a dozen or billions of dollars. If the direction is right, making money will naturally be easy and simple, and my income and bonuses will naturally increase.

Seeing that things here could not be moved within a short period of time, Chen Fan thought about how to live the next day after returning home, and the Spring Festival was approaching again. When he called last time, his parents seemed to be planning to celebrate the New Year in Oulu.

According to my parents, the atmosphere of Chinese New Year in China has faded for some reason. Last year, the imperial capital banned fireworks and firecrackers during the Spring Festival, and they had to go far away from the city, which was very inconvenient.

The key point is that it has become a habit to listen to firecrackers to celebrate the New Year. Some restrictions now make the atmosphere of the New Year a lot lighter, and maybe because of the better life now, apart from visiting relatives and friends during the Spring Festival, it is almost not as attractive as it used to be. .

At the beginning, the income level was not high, and food, clothing, and good things had to be saved for the New Year. Now I am not so particular, and I have a lot less expectation.

However, when my parents traveled in Amsterdam and other places in Europe, they met many overseas Chinese there. They all stayed overseas for a long time. , Special exceptions will be released on those days of the Chinese New Year.

And because there are few local Chinese, everyone will gather in the Chinese-inhabited area during the Chinese New Year, but it will be more lively, just like a temple fair or a market.

After listening too much, my parents came up with the idea of ​​spending a Chinese New Year overseas, so the last time they called, they urged Chen Fan to come over and join them. After all, the Chinese New Year is a big one, and the family still needs to be together.

Because of her parents, Liu Ying has even chosen a place for the New Year, which is Paris, the capital of France.

The French Chinese mainly live in the Greater Paris area, with a population of about 30. They have formed several fairly large Chinatowns: the 13th arrondissement of Paris, Belleville and Longcheng Chinatown.

In these blocks, Chinese-run businesses are not only very concentrated, but also "complete with five internal organs", involving food, clothing, housing, and transportation industries.

Moreover, there are large-scale Asian food supermarkets such as Chen’s Shopping Center and Paris Shiduo Shopping Center in Paris, and there are many Huaguo food supermarkets run by people from southern Hokkien near the beautiful city, which has brought great benefits to the Chinese living in Paris. convenient.

In order to prepare for the New Year here, Liu Ying has already bought a house in the 8th district of Paris. This 470-square-meter apartment looks quite old, and Chen Fan doesn't know if it is really an old building. then what.

Of course, he didn’t do the house inspection, and he didn’t even go there, that is, he saw some photos, and his parents went to see and chose, because living here, you can see the Eiffel Tower in the morning.

The reason why Liu Ying also likes this house is because it is very close to the Champs-Elysées. Paris has many names, such as the capital of art, fashion, culture, and romance.

Well, Chen Fan is not interested in the term "City of Romance". He doesn't want to go there for a romance now, and naturally he doesn't want anyone in his family to go there too.

As for the house, Chen Fan also checked on the Internet. It is said that in Paris, you can see several styles of architecture that were popular in Europe, from Romanesque architecture to Gothic architecture, and then Renaissance architecture and classicism. The buildings are said to be distributed from the inside to the outside, and basically the architectural styles popular in each period are preserved.

Although a little curious, Chen Fan can only wait for a few days to pass.

It is said that this apartment cost 2850 million francs, and the unit price is 6 francs per square meter. After adding transaction taxes and fees, it is almost 3000 million francs.

For the per capita monthly income of less than 2 francs in Paris, it is already an existence that most Parisians dare not look up to.

But to Chen Fan, it was just a matter of more than 6 million yuan, and less than 7 million yuan, which is really nothing.

As for the location of the house, it is said that it is about the same distance from the 13th and 19th arrondissements, which is not very close, but because they are all in Paris, it is not too far away, and the traffic is still very convenient.

In the next few days, Chen Fan flew to Rongcheng and Shencheng to deal with the affairs there. In fact, he was also preparing for going abroad.

Now in Rongcheng, Zhang Yang has no problem handling the company's affairs, not to mention Lao Liu's assistance.

Had a meal with Zhang Yang and Zhang Ping, but before they left, they were blocked by Jin Qiang, Liu Weidong and others.

They haven't seen each other since Chen Fan got married last year. In fact, Chen Fan hasn't returned to Rongcheng for a long time. This time, Jin Qiang knew that Chen Fan was back, so he naturally wanted to drag him to reminisce about the old days.

When Chen Fan started his career, he still borrowed money from them. Although he paid high interest, it did help Chen Fan a lot in his initial capital accumulation.

We became friends later, and when Chaofan Investment was deliberately suppressed by the people above, it was they who helped, so that Chen Fan was not copied, so I am very grateful.

As for the fund project created by Chaofan Investment, to be honest, Chen Fan felt that he was looking for something to do for himself.

If you didn’t engage in private equity at the beginning, you can do whatever you want with the money raised later.

It's just that I really didn't expect to develop so fast at the time. In fact, the company can develop without any investment at all, but now it seems to be a burden.

However, when the fund was started, Jin Qiang and others were helping to find money everywhere, so Chen Fan naturally wouldn't take advantage of others at this time.

Naturally, the investors of Red Sun Fund in Rongcheng came to this gathering, there were more than a dozen of them. In fact, most of them were not familiar with Chen Fan. They were Jin Qiang and others who had dealt with him at the beginning.

Well, I stayed in Rongcheng for another two days, eating, drinking, playing and sleeping all day long, and finally got rid of this group of people.

After going to Shencheng, it was much easier there. The company's affairs were dealt with, and I went to Mr. Zheng's for a meal.

Father Zheng is going to the imperial capital in a few days. After all, his wife, son and daughter-in-law are all there now, that is, the head office is located in Shencheng, so he still needs to stay here for a long time.

At the dinner table, Mr. Zheng asked Chen Fan if it would be better if the company was moved to the imperial capital.

However, Chen Fan did not dare to answer these words, after all, it involved the development of his company.

Well, during this trip, Chen Fan has revisited his previous houses.

It seems that the villas in Rongcheng and Shencheng have not been lived in since they were bought, and they are empty most of the time, especially this year.

However, Chen Fan didn't think it was a waste. It wasn't a matter of money, but that he went there casually and lived in his own house. Although he wasn't as free and easy as staying in a hotel, he lived comfortably and casually.

But at this time, Chen Fan also felt that it was better not to continue spending money to buy a house, it was a bit too much, and he couldn't live in it.

(End of this chapter)