Archived Financial Talent

Chapter 621
The topic of Star Group and Li's Enterprise being on the fence has become the hottest topic in the Xiangjiang business circle recently.

One is the No. [-] family business of a wealthy family in Xiangjiang for decades, and the other is the No. [-] company that has risen rapidly in recent years.

What happens when these two businesses collide?
Everyone is looking forward to it.

Everyone in Xiangjiang knows that Star Group’s real estate project in Xiangjiang, Xingkong Homeland, has already started to be used. I heard that the number of public rental houses supplied by Starry Sky Homestead is very large, and it has even caused a huge impact on Xiangjiang’s real estate industry.

Some time ago, the stocks of companies in the entire Xiangjiang real estate industry were constantly falling. Everyone believed that it was because the starry sky homes were put into use that caused the stock prices of those companies to fall.

Regardless of whether the decline in the stock prices of those companies has anything to do with the use of the Starry Sky Home project, it is true that the housing prices in Xiangjiang are slowly falling.

As the financial center of Asia, Xiangjiang has attracted many companies from all over the world to set up branches in this small city, and it has also attracted many people from all over the world to come here to find opportunities.

Small area, large population, fast economic development, these factors have led to the continuous rise of housing prices in Xiangjiang. By this time, few local residents in Xiangjiang can afford houses in Xiangjiang.

Due to the large number of people and the lack of land, when those real estate developers build houses, they will design the houses very small, and the floors will continue to increase. Finally, when walking on the streets of Xiangjiang, when you look up, you can see densely packed windows. The balconies are all left.

So don't look at the style of Xiangjiang people. They can easily earn more than [-] a month, but most of their monthly income is spent on rent. After paying the rent, there is really not much money left.

Of course, there are some people who don’t want to bear such a high rent, so they find some houses with cheap rent to live in, but those houses are generally small in size, and a family of several people squeezed inside is like that kind of canned herring. Disaster.

"Xiao Wu, how is the company doing now?"

In a luxuriously decorated office, Li Kai sat on a long red leather sofa and asked the assistant standing in front of him with a sullen face.

The men who were called Xiao Wu by Li Kai seemed to be in their 30s and older than Li Kai, but he was not at all upset when he was called Xiao Wu by the other party, and even now his face was full of fear.

"Boss, the situation in our company is not very good recently."

"The people below came to report just now, saying that the bank is already urging us to repay the debt."

Hearing Xiao Wu say that the bank was demanding debts, Li Kai frowned even more.

"Didn't we sign a contract when we applied for a loan from the bank?" Li Kai raised his head, staring at Xiao Wu with a pair of cold eyes.

"Isn't it written when the loan will be repaid?"

Being stared at by Li Kai, Xiao Wu became even more flustered, and his legs trembled unconsciously.

"Yes, the contract was indeed signed at the beginning."

"But the bank said that we used the funds from the bank's loan for other purposes, which violated the scope of use of the funds in the contract, so we have to withdraw the loan in advance."

"Fart, they're all a bunch of scumbags."

Li Kai cursed loudly.

How many companies in Xiangjiang got loans from the bank for the purpose of the contract?

Which company doesn't put the loan funds into its own account, and then mix them with its own funds. When the time comes and transfers out, who can tell which money is a loan issued by the bank and which money? It is the original capital of the company.

And those banks also knew about these situations, but they didn't stop them too much. After all, your company does have investment in the fund use method stipulated in the contract, and it's fine if there is indeed a fund flow to that purpose. Anyway, there is no written on the fund flow name.

"Then how much liquidity is still on the company's books?"

After Li Kai vented, he also slowly calmed down.

He knew very well in his heart that the reason why those banks urged their company to repay the loan at this time was that Lin Feng must be behind it.

Otherwise, everyone has been playing with the unspoken rules for so many years, why can't they play at this time?

Just after figuring out that Lin Feng was playing tricks behind these things, Li Kai understood that the funds from the bank must be repaid, otherwise, the bank would probably let the court seize the account of the fund company.

If that time really comes, it will be the biggest blow to Li Kai.

The company's capital accounts have been frozen, how can a company maintain normal operations, so although Li Kai is very annoyed, he can only get the loan from the bank first.

Xiao Wu stammered and said, "I checked the bank account just now, and found that there is only one billion Hong Kong dollars left in the account."

Although one billion Hong Kong dollars sounds like a lot, even money that many people will never earn in their lifetime, but for a company, especially a large-scale company, a billion dollars is not much at all, maybe a project The start of the [-] billion funds can be consumed at once.

"How can there be only one billion funds?"

When Li Kai heard that his company's account only had one billion funds, he was shocked.

As the son of Li Cheng, the richest man in Hong Kong, although Li Kai did not take over the family business, he also learned a lot from his father.

Therefore, since Li Kai established the company, he has always liked to keep sufficient funds in the account, just to prevent various accidents that may occur in the future.

When he heard that there was only one billion funds in the company's account, Li Kai felt very puzzled. Didn't the company's accounts in the past have billions of liquid funds?
"Why are there so few funds? Didn't I explain before that there must be billions of funds in the account at all times?"

Li Kai stared at Xiao Wu, and his voice became cold. As long as Xiao Wu said that someone stopped his suggestion and misappropriated the company's funds without authorization, he would definitely fire that person.

"Boss, have you forgotten that our company invested in Penguin last year, and the funds used are the money in our account."

Xiao Wu also heard a murderous look from Li Kai's cold words, and immediately felt numbness in the back of his neck.

"It's been such a long time, haven't the funds settled yet?"

After Xiao Wu's reminder, Li Kai finally remembered that it seemed that he made the decision to use the money in the company's account at the beginning, and the funds there were used by him to invest in Penguin.

After the original use, when the company makes a profit every month, a part of the profit will be left to slowly fill the gap in funds.

Li Kai thought that that part of the funding gap had been made up long ago, but what he didn't expect was that that part of the fund hadn't been made up until now.

"Why hasn't that part of the fund been made up until now? Didn't I say that if the fund is used, the company needs to withhold a part of the fund from the profit every month to fill it up?"

Of course, Li Kai would not admit that it was his mistake. At this time, he must find someone to take the blame.

"Boss, you have also read the company's monthly report recently. Since our company got into trouble with the Star Group, the other party has been hitting our company's business in all aspects, so we can maintain a balance of payments every month. It’s already pretty good, but if you want to keep profits, it’s really hard.”

After following Li Kai for so long, Xiao Wu already understood that Li Kai was planning to find someone to take the blame, but can the people below be blamed for not doing a good job in these things?

The company's account doesn't make much profit every month. After the company's daily use in all aspects is used up, there is no money left to save.

(End of this chapter)