Rebirth of the Financial Crisis Sweeping the World

  Chapter 255 Chapter 255 The chairman of Oceanwide Hotel personally came to serve as a waiter and was proud to pour wine to the BOSS

  Thinking about it, Wang Guanxi continued: “The stock market has closed today. Check the stock chart of the listed companies under the Hong Alliance, the Huang Consortium, and the Zheng Consortium.”

  "Yes, BOSS" everyone moved quickly.

  Although the Hang Seng Index soared today, it was only financial stocks, real estate stocks, and those large listed companies whose share prices rose. Sino Land Group and New World Development Group rose more.

  Get a good financial group next.

  Taifuku Securities Company, Aeon Credit Company, basically did not rise.

  Sinhe Hotel Group, Asia Standard Hotel Group's share price plummeted.

  The Luo family's Regal Hotel Group, Pak Poly Holdings, and New Century International's share price fell slightly.

  Black shirt hedge funds have shorted these listed companies, and the floating profit on the books has reached more than 8 billion Hong Kong dollars.

  At this time, Huang Shaokai entered the trading room and said excitedly: “BOSS, Asia Standard Hotel Group is facing bankruptcy. Now it is anxious to raise funds urgently. If financing cannot be found, it will go bankrupt!”

  This Oceanwide Hotel Group was also a member of the previous Hong's Alliance. It mobilized 250 million Hong Kong dollars to support Hong Tianwen. When the black-shirt hedge fund shorted and formed a financial group, it fought against the black-shirt hedge fund.

  This is all right, the loss is heavy, and coupled with the financial crisis, the capital flow is broken, the debt is repaid, and now I am facing bankruptcy.

Pan Zheng of Asia Standard Hotel Group went around looking for investors to raise funds, but because Asia Standard Hotel Group’s funding gap was as high as HK$100 million, it was insolvent and its performance suffered successive losses. No one was willing to raise funds.

  Wang Guanxi was happy, and said with a smile: "What is the market value of Asia Standard Hotel Group now?"

  Before the financial war between the black shirt hedge fund and the Hong's Alliance, he remembered that Asia Standard Hotel Group's stock price was at HK$0.20 per share, with 2 billion shares of share capital and a market value of HK$400 million.

  Now that the financial war has passed, I don’t know how much market value this Asia Standard Hotel Group has.

Huang Shaokai said with excitement: “BOSS, the chairman of Asia Standard Hotel Group had used a loan to raise money before, but it was useless. The stock price plummeted and the capital flow was not enough. The current stock price of Asia Standard Hotel Group is at HK$0.04 per share, with a market value. There are 80 million Hong Kong dollars."

  HK$0.04 per share, this is simply a penny stock, with a market value of 80 million Hong Kong dollars and a net debt of 100 million Hong Kong dollars.

  I'm afraid this is going to go bankrupt.

   "This Pan Zheng is also finished"

  Zhang Dexi smiled: "Yes, BOSS, this Pan Zheng is still in debt. Not only Asia Standard Hotel is going to go bankrupt, but also everyone is going bankrupt."

Wang Guanxi laughed and said: "Call Pan Zheng and say that we can inject capital into Asia Standard Hotel Group, provided that we control Asia Standard Hotel Group and he handed over the position of chairman, if possible, let him be an executive director, otherwise , Let Asia Standard Hotel Group go bankrupt."

  The business of Asia Standard Hotel Group is in Hong Kong and Canada, operating the "Empire Hotels" chain hotel assets, namely the Empire Hotel on Hong Kong Island, the Empire Hotel in Tsim Sha Tsui, the Empire Hotel in Causeway Bay and the Empire Hotel and Convention Center in Vancouver.

  In addition, it also operates tourism and catering, that is, Japanese Benzene Credit Travel and Tiantian American Restaurant in Lushi.

  This Empire Hotel is still good, it can be used to live.

  Four Empire Hotels in Hong Kong, and one Empire Hotel in Vancouver, Canada. That counts as five. However, the Asia Standard Hotel Group is really out of business now and is about to close down.

   can give this Pan Zheng a chance, but it depends on whether he cherishes it or not.

   "Yes, BOSS" Zhang Dexi hurriedly went to do it.

   Then Wang Guanxi withdrew 350 million Hong Kong dollars from the trading account of the No. 1 Fund, leaving 14 billion Hong Kong dollars in it.

   then transferred the 350 million Hong Kong dollars to the account of the Heishan Group.

  Then I called Liu Zhonglun from Heishan Law Firm.

After    was connected, Wang Guanxi asked: "Has the hotel holding company been registered?"

  Before, Wang Guanxi had long let the Heishan Legal Company in the layout, and registered many shell offshore companies.

   Liu Zhonglun said on the phone: "BOSS, the Black Shirt Hotel Holding Company has been registered."

  Wang Guanxi said with satisfaction: "Well, good, come here now"

   Then Wang Guanxi injected 350 million Hong Kong dollars from the Heishan Group into the subsidiary Heishan Hotel Holding Company.

  ··

  At this moment, in the office of Asia Standard Hotel Group, the chairman of the board, Pan Zhengku sat in a chair, looking depressed.

He controls 60% of the shares of Oceanwide Hotel Group and has mortgaged it to HSBC. Together with the funds of his own company, he has mobilized 250 million Hong Kong dollars to support Hong Tianwen’s battle with the black shirt insurance company, but he did not expect to fail miserably. Go!

   bought 50 million shares of Get Good Financial Group at a price of 5 Hong Kong dollars per share. Now the share price of Get Good Financial Group has fallen to 1 Hong Kong dollars per share, valued at 50 million Hong Kong dollars, and lost 200 million Hong Kong dollars.

In addition, the stock price of Asia Standard Hotel Group plummeted and HSBC called for the debt. He had to borrow part of the debt to pay off. Therefore, his 60% equity in Asia Standard Hotel Group has been taken away by HSBC 30%, and HSBC wants him to continue. Run the hotel until the debt is paid off!

  But now the hotel is going bankrupt!

"Ruined!"

"Ugh!"

  He regrets it and hates Hong Tianwen for this horrible trick. He shouts every day to blow up the black shirt insurance company, but he has no chrysanthemums.

  He is also heavily in debt, HSBC is pressing debts, and the company is also facing bankruptcy. All friends are fake. Now everyone is hiding from him.

  At this time, the phone rang. It was Zhang Dexi, the executive director of the Black Shirt Insurance Company, who called, and he quickly connected the phone.

  Learned that Zhang Dexi was here to raise money.

  The condition is that the market price, that is, the market value of 80 million Hong Kong dollars, is to raise 120 million Hong Kong dollars and take 60% of the controlling rights. Pan Zheng agreed without even thinking about it.

  Then Pan Zheng went to the headquarters of Heishan Insurance Company and signed a contract with Zhang Dexi. Heishan Hotel Holding Company invested 120 million Hong Kong dollars into Oceanwide Hotel Group to obtain 60% of the equity.

  Chairman Pan Zheng stepped down as chairman and served as executive director and concurrently president in Asia Standard Hotel Group, holding 12% of the shares, HSBC also owns 12%, and the remaining 16% of the shares are circulating in the market.

  This time Asia Standard Hotel Group has received 120 million Hong Kong dollars in financing, and the stock price will definitely rise next week.

   And Zhang Dexi personally also serves as the chairman of Asia Standard Hotel Group.

  This time directly promoted Huang Kaiyin, the project management manager of Asia Standard Hotel Group, and she was directly appointed as Executive Director of Asia Standard Hotel Group and the company's executive vice president.

Huang Kaiyin is a divorced woman who looks good. She is 36 years old. She is an old classmate of Zhang Dexi. She holds a Bachelor of Arts and Master of Architecture from the University of Hong Kong and a Master of Science in Project Management from the Hong Kong Polytechnic University. She is also a registered architect in Hong Kong and Member of the Institute of Architects and authorized person under the Building Ordinance.

  She is responsible for property development and project management. She has more than 10 years of experience in project planning and management.

  Huang Kaiyin will replace Pan Zheng in the future. If Pan Zheng serves as an executive director and the CEO does not work well during the period, if he does little tricks, he will immediately get out and let Huang Kaiyin replace him.

  Huang Kaiyin said with great gratitude: "Old Zhang, thank you for recommending me as Executive Director of Asia Standard Hotel Group in front of BOSS!"

  This time, she has also reached the sky in one step. Relying on the relationship of her old classmates, she has successfully become an executive director, vice president, and special assistant to the chairman of a hotel group.

Although she has never seen the real BOSS of the Blackshirt Insurance Company, she only learned from Zhang Dexi that the BOSS of the Blackshirt Insurance Company is very powerful and mysterious. She only served as the executive director or deputy of the Blackshirt Insurance Company. Only after the president can she get in touch with the boss, she is not qualified to see the boss now.

   Zhang Dexi said: "Kaiyin, come on, work hard, after you have made your achievements, I will recommend you more in front of the BOSS!"

  "Okay, don't worry, I won't let you down" Huang Kaiyin can't wait to take office quickly, familiarize himself with Oceanwide Hotel Group, and then replace Pan Zheng.

  Whether she can be promoted is a matter of the BOSS, and Zhang Dexi just called the BOSS, and the BOSS agreed. It is conceivable that Zhang Dexi is trusted and valued in front of the BOSS.

  Where did she know that Zhang Dexi followed the BOSS in the financial warfare from the very beginning, and worked with listed companies one after another, the first veterans of the black shirt insurance company.

  Pan Zheng was immediately stressed, and he said: "Mr. Zhang, can I meet the boss behind the black shirt insurance company, that is, the boss?"

  This black shirt insurance company is really awesome. This financial war can make at least tens of billions of Hong Kong dollars.

  And the black shirt investment bank, which has become the overlord of the securities brokerage industry in Hong Kong.

  Who is it?

  He is very looking forward to seeing you.

  At this time, Zhang Dexi said: "BOSS is not everyone can see, Lao Pan, you are not qualified to see BOSS now!"

   Then he patted Pan Zheng on the shoulder, and said: "Work hard, if you trust you, you may be able to become a member of the Black Shirt Consortium."

Now the black shirt insurance company, the black shirt investment bank, and the black shirt hedge fund have all taken off. Although the assets are not as large as any of the top ten consortiums in Hong Kong, the cash flow of the black shirt consortium will exceed 40 billion Hong Kong dollars by then, which is definitely 10% higher than that of Hong Kong. Any big consortium has more cash flow!

  Pan Zheng sweated on his forehead and quickly said: "Yes, Mr. Zhang!"

  He has realized that he is not qualified to be the Ma Tsai of that mysterious BOSS, he can only be Ma Tsai's Ma Tsai!

  In the evening, Wang Guanxi and his horses came to the Empire Hotel Hong Kong for dinner.

  Asia Standard Hotels Group owns three Empire Hotels in Hong Kong, the Empire Hotel on Hong Kong Island, the Empire Hotel in Tsim Sha Tsui, and the Empire Hotel in Causeway Bay, all of which are now owned by the Black Shirt Hotel Holding Company.

  The cash on the books of Asia Standard Hotel Group has dried up. If it weren’t for the capital injection by the Black Shirt Hotel Holdings Group, it would have gone bankrupt within a week.

  HK$120 million in cash flow, saved Asia Standard Hotel Group.

  However, Asia Standard Hotel Group still has a lot of assets, but there are many assets, all of which are operating in debt. In the financial crisis, real estate plummeted, coupled with the exhaustion of cash flow, and immediately faced bankruptcy.

The market value of a hotel is usually lower than its net assets. Just like Shangri-La Hotel, its market value is much smaller than its net assets, which is one-third of its net assets. There are usually many tables, chairs, and tableware on the financial statements of the hotel group. Will be calculated on the balance sheet, but these are useless, the company's stock price reflects everything.

  Injecting 120 million Hong Kong dollars into Asia Standard Hotel Group this time is to temporarily tide it over. Although there is cash flow, the hotel still owes a lot of money to the bank.

Speaking of normal hotel business profitability, Asia Standard Hotel Group lost 31.5 million Hong Kong dollars in the first half of the year, and it is estimated that it will lose more than 60 million Hong Kong dollars in the second half of the year. The situation will improve next year, but Wang Guanxi does not care about this trivial matter. The hotel group does not lose. Money is good, and the hotel is making money, which shows that the little Ma Zai who is responsible for managing the hotel has good ability.

  Ma Tsai Huang Shaokai looked at the stylish decoration of the hotel, and said with excitement: “BOSS, this Empire Hotel on Hong Kong Island is really good, it’s cheaper for us”

  Wu Zhankun also smiled and said: "The location is good, you can come here for dinner when you are fine."

  Wu Zhanhai also said: "You can live here if you have nothing to do in the future."

  Lu Jianting also said: "Yes, the traffic here is well-developed, it is convenient for shopping, and you can also watch the night view of Victoria Harbour."

The Empire Hotel on Hong Kong Island is located in the commercial center of Wan Chai, adjacent to the Hong Kong Convention and Exhibition Center, Hong Kong Arts Center, and Admiralty Shopping Center and cinemas. The transportation is convenient. The top floor of the hotel provides various fitness and recreational facilities, outdoor swimming pool, fitness center, steam bath, Massage service.

  At this time, Zhang Dexi, who is also the chairman of Asia Standard Hotel Group, also said: "BOSS, it is very convenient to stay here. The three Empire Hotels in Hong Kong have already prepared a room for you."

He is now not only the executive director of Black Shirt Insurance Company, but also the chairman of Asia Standard Hotel Group under the Black Shirt Hotel Holding Company. Although he does not often come to Asia Standard Hotel Group, he also arranges his own special assistant to monitor , Inspect the hotel.

  He has learned all the information about this hotel through the special assistant to the chairman, who has configured the best suites in the hotel specifically for the BOSS.

   "Well, very good" Wang Guanxi nodded and smiled: "When I'm fine, I should stay in the hotel too."

  Lives in a small house in the Queen’s Community every day. Although it is very low-key, he is also a bit tired. Let's try to stay in the hotel tonight.

  Although the Empire Hotel is not a 5-star hotel, it is also a 4-star hotel.

  It was established with a bank loan before, but now the loan has not been paid off.

  Then everyone went to the restaurant together and had dinner.

  In the future, the executives of the Black Shirt Investment Bank, the Black Shirt Insurance Company, and the CBE Group will support the three Empire Hotels in Hong Kong under the Asia Standard Hotel Group.

  All the horses of Wang Guanxi will receive the Diamond Card of the Empire Hotel, and Wang Guanxi alone has the Supreme Card.

  At this time, Huang Kaiyin, the newly appointed vice president of Asia Standard Hotel Group, brought a group of beautiful waiters in with wine, and poured the wine for the big men in the box.

   After learning that Wang Guanxi is the boss, the whole person is stupid.

  "Hello, Mr. Wang" She looked at the young man in horror.

  This, this, this is incredible, right?

  BoSS is actually a boy?

  Wang Guanxi nodded: "Well, Mr. Huang, let’s work hard in the future."

  "Yes, BOSS" Huang Kaiyin nodded mechanically.

  After a few words, Huang Kaiyin left. The pressure here is really great.

  And Pan Zheng outside is not qualified to come in and meet the BOSS!

  He couldn't help asking: "Mr. Huang, how is that boss? Is it easy to talk?"

  Huang Kaiyin smiled and said: "Pan, you can go in and see by yourself."

  "Okay" Pan Zheng thought for a while, put on the clothes of a waiter, and entered the private room with vegetables.

  Pour wine for Wang Guanxi and others in person.

  At this time, Zhang Dexi recognized Pan Zheng and asked in surprise: "Pan, how did you become a waiter?"

  Pan Zheng hurriedly smiled modestly: "Mr. Zhang, I heard that the boss came here to eat, I came here quickly, pour wine, pour wine, hey~"

  He still doesn’t understand that the person here is a mysterious boss.

  Zhang Dexi then introduced it, and Pan Zheng was immediately dumbfounded. This boy is the black shirt insurance company, the black shirt investment bank, and the ultimate controller of the black shirt hotel group?

  The boss of the Black Shirt Group?

  This black shirt group is now amazing.

  "Hello, BOSS" Pan Zheng's face flushed, even if he used to be the hotel boss, but now he can't look up to face him squarely.

  Wang Guanxi smiled faintly, and said: “Pan, do it, since it’s here, let’s have dinner together”

   "Huh?" Pan Zheng was a little at a loss. He was a member of the financial conglomerate Hong Tianwen who had been against the black shirt insurance company. Now he is heavily indebted. He really hates Hong Tianwen's wicked tricks.

  Zhang Dexi saw that Pan Zheng was still standing stupidly, so he opened his mouth and said: "BIOSS tells you to sit, you just sit"

   Then Pan Zheng smiled awkwardly, sat down, and poured wine for Wang Guanxi.

  Wang Guanxi was quite satisfied, and smiled: "Pan, work hard, I believe you will be able to pay off the debt soon"

  Pan Zheng nodded quickly and spoke flattering words.

  He only expects the stock price of Asia Standard Hotel Group to rise, and in the future sell part of the stock and return the money from HSBC.

  (End of this chapter)