Chapter 241 241 The imperial bank of India is arrogant!

  At the moment, at Yongheng Securities Company, Feng Shaokun watched the Hang Seng Index drop to 18040, and suddenly exclaimed: "Oh my God, Guanxi, is this Hang Seng Index going to collapse today?"

  The Hang Seng Index first dived 1,000 points, and now it plunged nearly 300 points, which is really terrifying.

  He felt that the Hang Seng Index was about to collapse today.

  Especially the Hong Kong government does not intend to intervene in the stock market, nor will it control the flow of funds into or out of Hong Kong.

  You must know that Hong Kong is one of the world’s financial centers. Currency and capital flow freely. The United States, Japan, and Europe have a large amount of investment here.

  Now the United States is experiencing a financial crisis. In order to alleviate their own crisis, many American companies have dumped various financial assets in Hong Kong in exchange for Hong Kong dollars, and then exchanged them into U.S. dollars to save themselves.

  For example, American International Group began its self-rescue model. The most holdings of these international assets are stock assets. Under the huge sell-off, the Hang Seng Index may really collapse.

  Wang Guanxi smiled and said: "Brother Feng, you have to worry too much, it's not that serious"

  The central banks of various countries have tried various ways to give blood to the financial market to avoid the expansion of the financial crisis. Although the stock market fell for a while, it quickly rose. Then the stock market turned around and fell sharply.

  The 2008 financial crisis is known as a once-in-a-century event. This is no joke. The unemployment rate in the United States has hit a record high. In the financial industry, it is no longer known how many people have lost their jobs.

  Like Lehman Brothers is bankrupt, so many employees, all will be unemployed, and companies that have business cooperation with Lehman Brothers are more or less impacted.

  The most impacted by Lehman Brothers is undoubtedly AIG, and other companies have also been impacted by AIG.

  This is like a domino, which has been spreading, and more and more companies have been affected.

The banking system was paralyzed (Wall Street layoffs were serious), bad debts were too high, and per capita debts soared. As a result, consumption was insufficient and investment confidence weakened. This put a large number of companies including GM Ford Chrysler and other auto giants on the verge of bankruptcy, leading to a large number of layoffs. To maintain a livelihood, the world's once-in-a-hundred-year economic crisis will finally come.

  Feng Shaokun said: "Maybe I was worrying too much. Alas, Lehman Brothers has gone bankrupt.

  AIG is on the verge of bankruptcy, and Washington Mutual Bank is also on the verge of bankruptcy. This big banking industry has also suffered a huge impact. I don’t know if Washington Mutual Bank will go bankrupt? "

As far as he knows, Wang Guanxi has made a lot of money shorting Lehman twice. The last time he shorted Lehman Brothers, Lehman Brothers went bankrupt. Now Wang Guanxi has shorted Washington Mutual Bank again. He thinks this A giant bank may also go bankrupt.

  Why does he think Washington Mutual Bank will go bankrupt?

  Because Wang Guanxi shorted Washington Mutual Bank, the bankruptcy probability of this giant bank increased, just like Lehman Brothers, it went bankrupt.

  To be honest, he never thought that the 150-year-old Wall Street investment bank Lehman Brothers would go bankrupt, but Lehman Brothers would go bankrupt.

  At this time, Wang Guanxi smiled and said: “Maybe Washington Mutual Bank will really go bankrupt, and banks all over the world will also be hit.”

  At present, Washington Mutual Bank is negotiating with Morgan Bank Group. Once the giant bank of Washington Mutual Bank goes bankrupt, then other banks, there is no crisis.

  "Guanxi, fortunately, our family heard you talk about tightening loans and withdrawing from the real estate industry..." Feng Shaokun still has some dim sum and lingering fears.

  Wing Hang Bank in Hong Kong is just a small and medium-sized bank. It is not a big bank, and its operation is very conservative. After listening to Wang Guanxi’s words, Wing Hang Bank lost a lot of money.

  Wang Guanxi smiled and said: “The crisis will soon spread to Hong Kong’s financial industry and even all walks of life...”

  Although Lehman Brothers went bankrupt, the real financial tsunami has not yet swept the world.

  Feng Shaokun said: “Yes, this time the Hang Seng Index has dived 1,000 points. It is estimated that many investment institutions have been blown up.”

  Wang Guanxi smiled and said: “That’s for sure, the Koala International Investment Bank has already sold out”

  Last Friday, Lu Jianyan and others bought 50,000 lots of the Hang Seng Index. Then this Tuesday, the Hang Seng Water dived 1,000 points. It is estimated that they have already sold out.

  At this time, the phone rang, and it was from Lu Jianting of Koala International Investment Bank.

  Wang Guanxi connected and asked, "Brother Lu, what's the matter?"

  Is the Koala International Investment Bank liquidated?

On the phone, Lu Jianyan said, "Guanxi, alas, we’ve liquidated our positions. Now we are in debt. Koala International Investment Bank is already insolvent. I’m calling you just to ask you if you are interested in buying Shu Bear International Investment Bank?"

  This time, Koala International Investment Bank broke its position on the Hang Seng Index, losing 2.8 billion Hong Kong dollars and debts 300 million Hong Kong dollars. The 300 million Hong Kong dollar banks are collecting funds.

  The Koala International Investment Bank now has 150 million Hong Kong dollars left on its books. It has already paid off 150 million Hong Kong dollars and has 150 million Hong Kong dollars in debt.

  The six of them want to pay it back, but it's not too bad.

  Because the six of them are also heavily in debt, the six of them had a joint trader before exploding once, and they lost a total of 3.6 billion Hong Kong dollars and each lost 600 million Hong Kong dollars.

  Now they are insolvent.

   Completely finished.

  “Now the Hong Kong branch of the National Bank of India intends to take away the Koala International Investment Bank”

  Speaking of this, Lu Jianyan sighed.

  "National Bank of India?" Wang Guanxi was taken aback and asked, "Isn't this the Imperial Bank of India?"

  Lu Jianyan said: "Well, yes, another name of the National Bank of India is the Imperial Bank of India, TM. Now they are going to take the Koala International Investment Bank."

  They liquidated their positions on the Hang Seng Index this time, owed 300 million Hong Kong dollars to the bank, and lost 150 million Hong Kong dollars. Because the Indians have not paid back their money, the Koala International Investment Bank will be taken away soon.

  This bank is a branch of the State Bank of India (Imperial Bank of India) in Hong Kong.

  Imperial Bank of India is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India. It has assets of US$501 billion and 15003 branches, including 157 overseas offices.

  It is the largest bank and financial services company in India by assets.

  "The Indians said they would give us half a day to prepare"

  If the Koala International Investment Bank is taken by the Indians, it will be taken away for nothing, and the six of them will not get a penny.

  Now I’m looking for Wang Guanxi because I want Wang Guanxi to buy it.

  "Guanxi, are you interested in acquiring Koala National Investment Bank? The net assets of Koala International Investment Bank are now negative HK$150 million."

  Wang Guanxi said: "I will arrange for the legal team to review in the past."

   "Okay, as soon as possible" Lu Jianyan was a little anxious.

  After finishing the call, Wang Guanxi said to Feng Shaokun: "This Indian Imperial Bank intends to take the Koala International Investment Bank."

  At present, the assets of Koala International Investment Bank are already in negative value. He intends to acquire it. After all, Koala International Investment Bank also has 30 billion Hong Kong dollars in client assets, which was formed by the merger of six financial companies.

  Feng Shaokun suddenly changed his face and said: "Guanxi, you are stealing the meat of the Imperial Bank of India."

  The Imperial Bank of India is powerful and is a Fortune 500 company in the world. Compared with the Imperial Bank of India, Wing Hang Bank is insignificant. It is dozens of times larger.

  The Koala International Investment Bank is just a small investment bank. Like Wing Hang Securities, does Wang Guanxi really want to offend the Imperial Bank of India?

   Then he couldn’t help but reminded: “Guanxi, the strength of the Imperial Bank of India cannot be underestimated. The branches in Asia are very powerful”

  Wang Guanxi said dismissively: "So what? Come and do it if you have the kind."

   Then he called Liu Zhonglun of the Black Shirt Legal Company and asked him to take the legal team to the Koala International Investment Bank.

  "Mr. Liu, take someone over now"

   "Ok, BOSS"

  ··

  At this moment, Koala International Investment Bank.

  Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, Zhang Renliang and others are facing an Indian man. The second man is Feroz, the president of the Hong Kong branch of the Indian Imperial Bank.

  Ferozi was the president of the Hong Kong branch last year. This time he brought a lawyer to the Koala International Investment Bank, intending to take the company and expand the strength of the branch.

  After all, the Koala International Investment Bank has 30 billion Hong Kong dollars in client assets. If done well, it can bring a lot of profits.

  Of course, take the Koala International Investment Bank, he will not give these Chinese people a dime.

  Currently, the Koala International Investment Bank owes a debt of 150 million Hong Kong dollars to the Hong Kong branch of the Imperial Bank of India. There is no money to pay this debt, so he will not be polite.

  Thinking of this, Ferozi said, "Everyone, sign the contract. I will pay you an extra one million Hong Kong dollars each, otherwise you won’t get a penny."

  The six people are still calling for help from others, trying to find a buyer when the Indian Imperial Bank took the Koala International Investment Bank, and sell the Koala International Investment Bank. Haha, I think too much.

  Currently, the Koala International Investment Bank has a debt of 150 million Hong Kong dollars, and it will have to assume 150 million Hong Kong dollars in debt when it buys it. Moreover, the brokerage business of the Koala International Investment Bank is not very good. It is completely due to the poor level of client brokers.

  The trading volume of the 30 billion Hong Kong dollar customer assets is usually very small. Many customers are watching and the enthusiasm for transactions is not high. The Koala Investment Bank does not have much commission every day.

  Now Feroz feels that giving Lu Jianyan and the others a daily reward of 1 million yuan is also considered a virtue of their ancestors.

  These Huaxia people actually don’t know how to promote.

  Thinking of this, he opened his mouth and said: "Mr. Lu, don't expect to find a buyer. No one will be willing to buy the debt-laden Koala International Investment Bank."

   150 million Hong Kong dollars is not too much, but the Koala International Investment Bank's securities business is very poor, with very few commissions, and its self-operated business is even worse. The positions are all liquidated, and the accounts are directly incurred into liabilities.

  I have to say that the investment level of these Huaxia people is really very good, and he looks down on these people in his heart, so he pays 1 million yuan to each person, which is also exaggerating the six of them.

  Lu Jianyan had a gloomy face, this Feroz was sending them like a beggar!

  Once upon a time, the six of them would care about the 1 million Hong Kong dollar. Once, when would the six of them be afraid of the 150 million Hong Kong dollar debt?

  But when they liquidated their positions on the Hang Seng Index twice, they were also heavily indebted and insolvent.

   is now being looked down upon by the Indians, and everyone is very aggrieved.

  Also, Wang Guanxi said that the legal team came, and he didn’t know if he would actually come to buy Koala International Investment Bank.

  But if Wang Guanxilai, the six of them will still get at least some money.

  Lu Jianyan was very angry in his heart, but he had to suppress his anger. He still knelt and licked: "Mr. Feroz, can you wait any longer, we have something to discuss."

  Now he can only do it, waiting for Wang Guanxi to come, or if the Imperial Bank of India takes the Koala International Investment Bank directly, the six of them will have nothing.

  Guan Zhenyi also said: "Mr. Feroz, can you wait for a while? We will find a buyer right away, 150 million Hong Kong dollars, one cent will not miss you."

  Now he just wants Wang Guanxi to come and buy Koala International Investment Bank, at least to get some money.

  Lin Jiyang also said: "Mr. Ferozi, don't worry, I promise you that you will not lose a penny, please give us two more days."

  Chen Peiquan also said: "Mr. Feroz, our friend will be here soon, and he will buy Koala International Investment Bank at that time. 150 million Hong Kong dollars is a trivial matter for him."

  Cai Manji also echoed: "Mr. Feroz, I know you are anxious for the 150 million Hong Kong dollars, but please give us a little more time."

Zhang Renliang also said: "Mr. Feroz, I know you also want Koala International Investment Bank, but the company's brokerage business is not good. If you take it away, you can't make much money. This 150 million Hong Kong dollar may be a Koala. What about the three-year net profit of the International Investment Bank"

  Ferozi’s heart huh hehe, these Chinese people are really cheap, while he is proud of his heart, he looks down more and more, and then he said in a high-pitched tone: "I'll give you another half an hour, that's it."

  His words are beyond doubt, awesome.

  Let Lu Jianyan and others dare not say anything, because the six of them are now bankrupt, not just private bankruptcy, the company is also bankrupt, and now they will have nothing.

  I was still so despised by the Indians. The anger in everyone's heart was forcibly suppressed, and they endured it, not daring to attack.

  The only thing they can do now is to continue to drag.

  This Feroz is really not a thing, so arrogant in front of them, so despise them.

   "Okay, then thank you Mr. Feroz. Give us another half an hour."

   "Mr. Feroz, then wait another half an hour."

  "Our friend should be here soon"

  "Yeah" Feroz smiled calmly, and his heart became even more proud. These Chinese people looked like pugs in front of him.

  (End of this chapter)