Rebirth of Hong Kong 1981

   Chapter 303 Standard Chartered Bank

   By the end of April, Yang Chen had collected a total of 300 million US dollars, of which 100 million from HSBC and 200 million from Standard Chartered.

   This time, Yang Chen went to France to make money, and instead of HSBC, he chose Standard Chartered.

  'Eggs cannot be put in the same basket',

   This is the experience handed down by our ancestors, and he naturally does not understand this truth.

   Now his cooperation with HSBC has been very in-depth, and it will be like that if it continues.

   At the recent ATV shareholders meeting, after Yang Chen called the current president of Standard Chartered Bank, the representative of Standard Chartered Bank ATV shareholders stopped and sat quietly watching the performance of his original companion.

  As a bank, everything has to be based on its own interests. Although Standard Chartered and Jardine have cooperation, they are also competitive.

  Xiangjiang is such a big place. The two giants, Jardine and Standard Chartered, in order to compete for interests, it is enough to join forces once or twice occasionally. It is obviously impossible for them to hold hands all the time.

   Of course, Yang Chen lent $200 million from Standard Chartered Bank this time, and he didn't have any collateral.

   In order to lend to the two banks, Yang Chen mortgaged all the shares in CAA and Xue's Industry respectively.

   Now that the sales of Xue's Industry in Heung Kong have gradually stabilized, it is only a matter of time before opening the overseas market.

  Similarly, Ai Chen's clothing was sold in the UK, which also gave CAA an opportunity to expand. The two not only divided the company's remaining funds and Yang Chen's albums in Poly Gold to expand the production line,

   At the same time, they also mortgaged their shares to the bank and started a new round of crazy expansion.

  Ai Chen clothing store, according to the plan of the two, will spread throughout the UK before the end of the year.

  If conditions permit, it will directly enter other European countries.

   With the development momentum of the two companies, the loans to Yang Chen from HSBC and Standard Chartered also gave the green light all the way.

   Unlike the Hong Kong stock market, the pond in the French stock market is much larger, and he can ruthlessly flip in it and have a beautiful meal.

   Of course, before this matter, you must choose a scapegoat in advance. If there is no one in front of him, he will be completely exposed to the French people.

   Although Yang Chen likes money, he is definitely not willing to be someone like Soros.

   Although the other party is worshipped by many people in later generations, there are also many people who hate him to the bone.

   Do good deeds without leaving your name, the example of comrade ** is ahead, and we have to study hard.

   As for whether Standard Chartered Bank is willing to take the blame?

   This question is obviously not something a wise person should ask.

   Make money without breaking the law, and Standard Chartered Bank is not stupid, why not do it?

   In a capitalist society, as long as the rules are not violated, make money with one’s ability, and obtain all reasonable and legal income, no one can say anything.

   As for whether it is a loss or a profit, that is Yang Chen's business, and it has nothing to do with the bank.

   Once Yang Chen repaid the loan, Standard Chartered Bank would be happy to pocket the CAA shares.

  If Yang Chen makes a profit, they can also drink soup on Yang Chen, and they can make a steady profit without losing money. Standard Chartered Bank has no reason not to do it.

   The same is a bank, Standard Chartered Bank has already found out that the second pot of gold Yang Chen earned in the Middle East was through the channel of HSBC.

   In order to win the cooperation between Yang Chen and Standard Chartered, the president of Standard Chartered Bank of Hong Kong specially called the president of the Paris branch.

   Earlier, Yang Chen asked He Chaoqiong to help him recruit traders. Apart from He Hongtao and a few others, another group of people at the back had already arrived in Paris a few days ago.

  Through Standard Chartered, these people are already familiar with operations at the Paris Stock Exchange.

   Now, as long as Yang Chen passes by, he can use the channels of Standard Chartered Bank to enter the French stock market.

  Before leaving Xiangjiang, Yang Chen had a private conversation with the president of Standard Chartered Bank, and specifically asked Standard Chartered Bank for twenty times leverage.

   It’s not that Yang Chen was full and supported, and told others in advance what he was going to do in France. Although Standard Chartered Bank’s business covers many countries, there are very few customers in Europe.

  Standard Chartered Bank is listed on the London Stock Exchange and Hong Kong Stock Exchange, and is also one of the three note-issuing banks in Hong Kong.

   But its business is concentrated in emerging markets such as Asia, Africa, Middle East and Latin America.

   Under normal circumstances, only first- and second-tier cities in Europe will have branches.

   For this kind of move to Yang Chen, it is a multi-billion dollar transaction. The branch manager can't make the decision at all.

   Yang Chen is not afraid of the other party leaking secrets. With his current development momentum, as long as Standard Chartered Bank is not stupid, he will not miss the opportunity to cooperate with him.

   This kind of thing, Standard Chartered is not willing, HSBC Bank is very willing, they don't want Yang Chen and Standard Chartered to get too close, it is best that Yang Chen never cooperate with Standard Chartered Bank.

   Under the pressure of HSBC, the President of Standard Chartered Bank nodded and agreed after a little consideration. Although six billion US dollars was a lot, this time Yang Chen was not alone, and there would also be Standard Chartered Bank employees participating.

  France is not Hong Kong. If Yang Chen wants to short the stock market, he must have a trader who is very familiar with the French stock market.

This time, Yang Chen really wants to establish a cooperative relationship with Standard Chartered Bank. Although Standard Chartered Bank is not as famous as HSBC in later generations, Standard Chartered Bank has diversified development. In addition to many problems in terms of funds, it can complement the company under him. .

   Unlike HSBC's customers who are basically middle-class, Standard Chartered Bank's customers are all high, middle and low-end, especially in personal services, Standard Chartered has almost achieved the ultimate.

  As the economy develops, banks will pay more and more attention to personal services.

   Although Standard Chartered Bank is not as famous as HSBC, it is like an honest student who studies hard and doesn't usually love.

  You can ignore it, but you can never ignore him, because he is indeed better than others in some aspects.

   With the channel of Standard Chartered Bank, what Yang Chen wants to do next is much simpler.

  Because of the non-disclosure agreement, no matter how much money he earns, Standard Chartered Bank will have to take the blame for him. Even if the matter is leaked, they have to wipe his **** and apologize to him at the same time.

   In any bank, even state-owned banks, 'credit' is always the first.

  Once the credit collapses, no matter how big or strong the bank is, it is not far from collapse.

   Because there is no bank that can withstand customer runs.

  Once the credit goes bankrupt, everyone has no confidence in you, and the first thing that comes to mind is to transfer funds. Once the flow dries up, the bank can only be acquired by other people or banks in addition to closing down and liquidating assets.

  ——

   (end of this chapter)