Rebirth of the Strongest Tycoon

Vol 3 Chapter 1029: Return 1 piece of the Xiangjiang Capital Market

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Chapter 1029 Returning to the Xiangjiang Capital Market

Liu Tianci gave the general situation: "According to Chen Qingsong's personal statement, he wants to obtain the support of our bank to purchase a piece of land on the right side of the Miramar Hotel with a loan to develop commercial real estate."

"As soon as he opened his mouth, he loaned 500 million Hong Kong dollars, and he used the combination of Carrian Group's stock and property mortgage..."

"I didn't promise him."

Xia Yu showed an inexplicable smile and nodded slightly: "It was right to not promise him."

Thinking of the situation of the Carning Group, Xia Yu moved in his heart and asked: "Does our bank have any loan business with the Carning Group before?"

Liu Tianci shook his head decisively: "Never, Chen Qingsong has been to our bank many times before, but I always feel that something is wrong with the Caring Group, and the risk is too great, and I cannot lend him a loan."

"Chen Qingsong seemed to be aware of my attitude before, so it has been almost a year since he hadn't been to our bank. This time he came to visit again. In fact, I was surprised."

"But when he talked to me just now, he also came up with the 200 million Hong Kong dollar loan contract between Carrian Group and HSBC, and the loan conditions are still very loose. The stock pledge rate has reached 50%. He seems to want to use it. This contract proves the credibility of the Carrian Group, dispels my worries, and persuades me to lend him.

Xia Yu chuckled and shook his head, and said with a smile: "You don’t have to lend money. Chen Qingsong is a master at playing with capital, but he has gone through a crooked way. Now he comes to us and proves that he can no longer withstand the pressure. I can't give him enough support..."

"If we give him a loan, he will turn around as if he was holding the HSBC loan contract just now. He would lend to other banks. The time bomb of Carrian Group can last a year or two. If we kick him With one kick, the Carrian Group will explode immediately."

Liu Tianci was shocked. He heard the profound meaning of Chairman Xia Yu's words. He secretly said that Caring Group really had a big problem, and he also became curious about Caring Group.

He asked curiously: "Chairman, do you know Chen Qingsong and Jianing Group well? What's the big problem here?"

He also learned about the situation of the Carrian Group all the time when Chen Qingsong came to apply for a loan, but it is different now, especially since the growth of the Carrian Group is extremely fast, he does not particularly understand it and it is normal.

He doesn't know much, that is, now Carrian Group is already one of the large-scale listed companies in Xiangjiang, and it seems that there are fifty or sixty companies under it, and Chen Qingsong has become one of the top big figures in Xiangjiang.

Xia Yu smiled faintly and said softly: "The question? The question is too big. Chen Qingsong has deceived the whole class from top to bottom in Xiangjiang."

Hearing the scam, Liu Tianci's expression became solemn. He quietly looked at director Xiang Xia Yu, waiting for the following.

Xia Yu drank a sip of tea and whispered: "Chen Qingsong is from Xingcheng. He got the first pot of gold with the support of the Zhong family. At the end of 1977, the Caring Group was established, and he started two months earlier than me. At that time, the registered capital was only 5 million Hong Kong dollars..."

"But Chen Qingsong has a thorough understanding of people's greed, and he is also very proficient in capital operation. Through a series of actions, he has shaped the image of Carrian Group with an extremely strong background and unlimited funds in the hearts of all people in Hong Kong. In addition, it happened that the Hong Kong government liberalized the banking industry and issued dozens of bank licenses a year, which promoted the birth of dozens of banks. These banks rushed to send money to the Carrian Group, making the Carrian Group crazy mergers..."

"Carrian Group only went public on the backdoor in March last year, but last month you looked at it and acquired the listed company Qichang Insurance, increasing the number of listed companies under its control to three..."

"Up to now, the entire Carrian Group has at least 70 companies, and the combined value of listed and unlisted companies has reached nearly 10 billion. Although it is not as good as the rectification of the Swire Consortium, it has surpassed the core pillar of the Swire Consortium Swire Group... "

"If you think about it, it took more than three years since the establishment of the company. On average, more than 20 companies were merged a year, creating a diversified enterprise group of such a large scale."

"If it hadn't been for the limelight that I had been holding him down, he would have been mythical now."

"The original four major British consortiums were supported by Standard Chartered Bank and HSBC, and supported by the Hong Kong government. They were in line with the stock market crash in 1973 before they were completely expanded. And I own banks and securities companies. The market makes money."

"What about him? Why can he catch up with the Swire Consortium in just over three years?"

Liu Tianci nodded approvingly, because he didn't know where the Carning Group's funds came from, so he would not approve Chen Qingsong's loan a year or two ago.

Chairman Xia Yu's ability, he personally witnessed, Jiuding Securities is also a one-stop-train in the capital market, but he did not see what Chen Qingsong has. It is all based on people's words and his vague background.

"Chairman, then Chen Qingsong's funds are actually borrowed from banks?"

Xia Yu shook his head slightly. When Liu Tianci was puzzled, he continued: "Not all, more than half are borrowed from various banks with high interest rates, and the other is cheated by him from Yumin Finance."

Liu Tianci was taken aback for a moment, and then blurted out: "Is it the Yumin Finance under the Malaysian Yumin Bank? Or is it cheated?"

"This is an economic crime!"

"Could it be that the entire senior management of Yumin Finance was bought by him?"

Xia Yu nodded slightly: "If nothing goes wrong, all the senior financial officers of Yumin Finance have been bought by him, and they unite to deceive Yumin Bank."

"This……"

Liu Tianci was at a loss for words. He didn't know what to say. After a long silence, he could only shake his head with a wry smile.

When Chairman Xia Yu said this, many doubts in his mind were all eliminated.

Carrian Group has overseas funds behind it, but it is not as outrageous as the rumors, such as large European and American consortiums, and royal families of various countries.

And Yumin Finance also has this strength to support the development of Carrian Group into a large company, plus Chen Qingsong himself pits other banks, it is justified that Carrian Group can develop to this degree.

For Yumin Bank, Liu Tianci knew it.

This bank established by the Malaysian government is actually a bank set up by the Malaysian government specifically for the Malay ethnic group. It is used to counter foreign banks and Chinese-funded banks in the country. It has government financial endorsements and naturally has no shortage of funds.

Yumin Finance is an institution specially established by Yumin Bank in Hong Kong to face the customers of Hong Kong and spread the influence of Yumin Bank.

The reason why it is Yumin Finance instead of Heung Kong Yumin Bank is because the Hong Kong government did not grant it a bank license. Even though the Hong Kong government issued dozens of bank licenses in one go the year before, it just refused to grant it. As a last resort, Yumin Finance could only Exist in the form of a financial company that can absorb reserves.

After calming down a bit, Liu Tianci had many thoughts in his mind.

"Chairman, according to what you said, combined with the actual situation of the Carrian Group, then when the stock market crash comes, the risk of the Carrian Group's capital chain is extremely high. Should this bubble burst?"

When asked this sentence, Liu Tianci's expression was very solemn.

Because he knows the possible consequences of the disillusionment of the Carrian Group's myth, which will further magnify the impact of the stock market crash.

Apart from anything else, before the Carrian Group asked HSBC, Standard Chartered Bank, Jiuding Bank and other large banks to borrow money, the borrowers were all small and medium banks.

According to the current value of Carrian Group of nearly 10 billion, even if more than half of it is dependent on Yumin Finance, the Carrian Group still owes Hong Kong’s other banks with four to five billion Hong Kong dollars in debt, and many small banks’ assets are estimated to be just Hundreds of millions of Hong Kong dollars, if all these accounts rot, it could kill a lot of small banks.

Although these banks are small banks and have little influence, they can't help but have a large number. As the number increases, quantitative changes cause qualitative changes, and their influence naturally rises.

As soon as the chain reaction comes, all banks in Hong Kong will definitely not be spared, and they will all fall into a run, and the impact will be great.

If the contact is not good, a scene of sorrow will appear.

If it is pushed hard according to the plan made by the chairman, the impact will be no less than the stock market crash of 1973...

Seeing the hesitation on Liu Tianci's face, Xia Yu knew his worries and worries~www.ltnovel.com~ Although many bad things would happen at that time, he decided to do it.

The bubble is here, and the risk of a stock market crash is about to break out. The difference is that it is pushed ahead and amplified by others.

Can't say it can't break or stand.

Any earth-shaking innovation will be paid.

Now that he has a plan for the future of Xiangjiang, he will simply do a ruthless one. The framework that has been established is completely overturned and rebuilt. As long as the foundation is still there, he has the confidence to build his favorite "house".

Therefore, Xia Yu looked indifferent and resolutely said: "Of course we must pierce him, the greater the influence, the better!"

"Sweep away all the dirt and return the Xiangjiang Capital Market to a bright future!"

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