Winning the new financial era

Chapter 662 Fighting

"How much did you borrow?"

Zhang Yida deliberately didn't mention the pledge, just wanted to tease Chen Shaojie.

Chen Shaojie could also hear the irony in Zhang Yida's words, which made him feel a little relieved.

There is help!When Mr. Zhang asked this question, he must have wanted to give himself a hand.

So I honestly explained, "At first, I pledged 1000 million US dollars, and the company's market value was still 30 billion US dollars at that time. My 1.75% shares were worth 5250 million US dollars based on market value, and the pledge rate was less than 20%.

Later, the stock price plummeted, and now the value of my shares is only more than 1800 million US dollars.

According to regulations, the number of equity pledges will not exceed 5%.

After being shorted by Muddy Water, all the equity pledged loans in my hand have reached the liquidation line.

Morgan Stanley looked at the previous relationship and said that they would give me a week to make a margin call, otherwise they would close the position.

I did everything I could to put up another $300 million deposit, and if the stock price dropped further, I would really be out of business.

A large part of the US$1000 million pledged loan was invested in Source Code Capital and Huayi Capital as LPs.

Some securities investments, I have been selling off one after another..."

Zhang Yida looked at Chen Shaojie who had a sad face, and he was filled with sobs.

This brother followed him to start a business, and he is almost a billionaire.

But I have to increase leverage!

Judging from the fact that he only loaned 1000 million US dollars at the beginning, and the pledge rate was less than 20%, he was still very cautious.

But who would have expected that China's concept stocks in mutual funds could fall so quickly?
The person I expected was myself, and I had already paid off the 5 million US dollars pledged by Yimin.com.

Chen Shaojie foolishly borrowed money to invest in equity investment funds with a lock-up period of three to five years.

Fortunately, I haven't been stupid enough to allocate some short-term liquid assets, otherwise it is estimated that the position will be liquidated at this moment.

That's really a shame!
A dignified CEO, who is also the CEO of Zhang Yida Enterprise, has played himself to death, and the self-media will probably have another carnival.

The outside world doesn't know how to evaluate yourself?Harmful treatment of brothers who started a business together?

Or is it that the person who pledged his equity and liquidated his position is not worthy of being Zhang Yida's brother?

Zhang Yida didn't want to criticize the other party anymore, but talked about the solution, "Let me lend you some money!"

"Ah..." Chen Shaojie rubbed his hands, "Mr. Zhang, how did this happen?"

Zhang Yida smirked, "My loan here also has to calculate interest."

"This should be."

Chen Shaojie nodded, if it was really breathless, then he would feel a little sorry.

"5% annual interest rate."

Zhang Yida borrowed money from a foreign bank with an annual interest rate of 4%, and resold it to Chen Shaojie, earning a little more.

At the same time, the person is still working in his own company, so if he can't run away, the risk control of this loan is absolutely no problem.

You are a genius!
"no problem."

Chen Shaojie nodded fiercely, no fool would agree to such a cheap loan interest rate.

Even if he asked Morgan Stanley to borrow money, the annual interest rate charged him 7%.

Zhang Yida seemed to be laughing a bit. How did his company become like this? The boss has started to lend money to employees. It really embodies the spirit of lending vividly and delicately. It is an alternative corporate culture.

After finishing Chen Shaojie's matter, Zhang Yida turned his head to look at Ding Siyao and Fan Hongyang.

Seeing that the faces of the two of them were not right, I couldn't help asking: "You don't want to take out the loan, do you?"

Both of them nodded.

Zhang Yida: "..."

……

After questioning, Zhang Yida found out.

It is really how bold people are and how productive the land is.

The two hold 2%-3% stakes in the three companies of the Yimin Department, which are worth a lot.

The loan amount is naturally much larger than that of Chen Shaojie!
Fan Hongyang borrowed 8000 million US dollars, and the equity of the three companies was basically all-in.

Ding Siyao was better, and also borrowed 5000 million US dollars. Except for the lower pledge rate of Yimin Wealth managed by him, the other two companies were all full.

"Hey..." Zhang Yida sighed, thinking that this is just the same thing.

I dared to make such a fuss because I was on the hook, and there were various assets such as Ruixiang and Pet Holdings as safety cushions to resist risks.

"I'm actually fine, the stocks in my hands add up to 2 million US dollars, and there are tens of millions of cash out before.

Even if the stock price falls by half again, it can still be held. "

Ding Siyao said with a smile, "However, if Mr. Zhang's plan is more ambitious, I may need your help."

Zhang Yida shook his head, "If it doesn't fall that badly, it will bottom out if it falls another [-] to [-] percent at most, and then we will buy the bottom."

Fan Hongyang was embarrassed to speak. After all, he was a bit older, almost 40 years old. This time, his head was covered in bags. The risk control was not as good as that of Ding Siyao, a girl. It was really embarrassing.

After thinking about it carefully, he also found it normal that Ding Siyao was already better at capital operations after managing Yimin's wealth for so many years.

And he also knew that Ding Siyao was helping to manage Zhang Yida's family office, as well as that mysterious hedge fund.

Why is it mysterious?
Because it does not raise funds publicly, everyone knows that this fund is active in Hong Kong stocks and US stocks.

Fan Hongyang felt that he really should give up some face and talk to Zhang Yida, and also take some shares in the hedge fund.

"Old Fan, where did you invest the 8000 million US dollars?"

Zhang Yida looked directly at Fan Hongyang and asked.

Fan Hongyang suddenly woke up from the fantasy, and began to explain everything.

Similar to Chen Shaojie, this big brother is also obsessed with equity investment.

But the better thing is that I am older and like to buy a house. There are real estate in the United Kingdom, the United States, Singapore, Australia, Indonesia, India and other countries.

"Sell some houses!"

Zhang Yida joked, "Why do you have so many houses? Do you think the housing prices in foreign countries can be the same as in China?"

Fan Hongyang explained with a smile, "It's enough to keep the value instead of adding value. When I am old, I feel that the securities market is risky, so I bought a few shares of equity investment funds, and all the other money was used to buy a house.

Isn't the company going to do business in Africa?At that time, I plan to also go to Lagos and Cape Town to buy two suites. "

Seeing Zhang Yida, Chen Shaojie, and Ding Siyao staring at him dumbfounded, he smiled ashamedly, "Hey, it's mainly because I couldn't afford a house when I was young.

Now that I have this financial strength, I want to buy a house, so I have a sense of security and accomplishment.

Speaking of this, I still want to thank Mr. Zhang, the fortune teller said that I will meet a nobleman when I am 30 years old, as expected..."

The corner of Zhang Yida's mouth twitched, what the hell, are you engaging in feudal superstition?

"Huang Xin told me that he also met an old Taoist priest before, saying that he would wear a yellow robe at the age of 40...

You see, now the streets are full of his yellow-robed younger brothers.

Hey, are you meeting the same fortune teller? "

Zhang Yida shared a joke with the three of them, which made the three of them burst into laughter.

"Okay, Mr. Zhang, stop talking, I'll sell the house to pay off the debt!"

What Fan Hongyang said was extremely miserable, with a look of pain on his face.

In fact, he didn't feel bad about it. Anyway, these houses can't be lived in. To put it bluntly, they are investment assets, and it's normal to buy and sell them.

He had just looked at the housing prices in several places a few days ago, and after selling the house and paying off the interest, he should be able to make a small profit.

Zhang Yida did not lend money to Ding and Fan, and they did not have much opinion.

They are different from Chen Shaojie, they are co-founders, while Chen Shaojie is a professional manager who only holds shares in Yimindai, and the shareholding ratio is smaller than both of them.

In terms of emotion and reason, Zhang Yida should help Chen Shaojie more.

The most miserable one is Fang Yuhan of Ruixin. The company has not yet been listed, and there is no chance of cashing out or getting a loan.

After laughing and bragging for a while, they started chatting about business again.

Zhang Yida wants to set up a game this time, and the three of them need to cooperate well.

(End of this chapter)