Chapter 297 The Way to Make Money

When Song Ling appeared in the box of the restaurant on the 18th floor of Xia Run Building, he was surprised to find that besides Zhang Baiqing, there was another person sitting in the box. This person was familiar to him, and he was the boss of his immediate boss, Xia Run. Li Xi, the chairman of the group.

  Speaking of it, Song Ling and Li Xi are considered to be on the same line. The former vice chairman who promoted Song Ling was the first to join Li Xi after he took office, and then Li Xi reused a group of people, including Song Ling. It's just that there is a distance between Song Ling and Li Xi, and they don't interact much with each other.

As a cadre of a central enterprise directly appointed by the Organization Department, Li Xi's rank is the deputy department, and Song Lingman's full calculation is only a positive position. The difference between the two parties is three levels. It is basically impossible to have any good communication among state-owned enterprises that pay attention to seniority. . If it weren't for his amazing talent in the financial field, Xia Run's financial department, which has been managed in an orderly manner in the past few years, would not have entered Li Xi's eyes.

  Even so, the exchanges between Li Xi and Song Ling are very few.

  Li Xi is fifty-nine years old this year, and he will retire in about a year, so Song Ling is already making connections and preparing to retreat. It's just that all of this was done in secret. On the surface, he still respected the faction headed by Li Xi.

"coming?"

  Seeing Song Ling's figure appearing outside the box, Li Xi raised his body slightly, nodded to Song Ling, and then sat down again. In his capacity, it is naturally impossible to stand up and greet this subordinate's subordinate.

  He is about to reach his sixtieth year, but because he is usually well maintained, he only looks like a middle-aged man in his forties. Li Xi has a Chinese character face with thick eyebrows, big eyes, high nose and thin lips. He was indeed a handsome guy when he was young, but a lot of wrinkles have been added to his face over the years. A feeling of unbridled arrogance.

   Li Xi just bowed slightly, but Zhang Baiqing, who was sitting next to him, reacted much more enthusiastically. He stood up suddenly, took a few steps outside, and was about to shake hands with Song Ling outside the door. But seeing that Li Xi didn't stand up, Zhang Baiqing stopped, waved to Song Ling, and said, "Brother Song, I'm just waiting for you, come in quickly."

  He is at the same level as Li Xi, so naturally it is not good to lose too much points in front of Li Xi. Although he has something in his heart at this time, he must also take into account the face of the master, after all, this is Xia Run's territory.

Zhang Baiqing is a middle-aged man in his fifties. He is short and fat, and his eyes are small. When he smiles, he almost narrows his eyes. Very Maitreya Buddha.

  But no one will think that he is really a Buddha. How can people who can do this simply look at the appearance? Which one is not experienced in many battles, stepping on his colleagues to take the lead?

  Song Ling doesn't care, after all, the two parties belong to different companies, and the backstage of the two parties is not the same system. However, the circle of Chinese-funded enterprises in Hong Kong is so small, as the saying goes, look down and see up, maybe this Zhang Baiqing will become his immediate boss one day, so Song Ling is not easy to offend.

At this time, Song Ling's excellence was revealed. He walked two steps quickly, walked to the dining table, first shook Li Xi's hand, then walked around half of the dining table, walked in front of Zhang Baiqing, and shook hands vigorously. After shaking hands, he said, "Chairman Zhang, it's really an honor for you to come here. How dare you bother to come here in person. If you have anything to do, just say hello to me through Director Li. I, Song Ling Arrive immediately, as long as it can help, there is absolutely nothing wrong."

  Everyone is very satisfied.

   Li Xi was satisfied that Song Ling hadn't forgotten his immediate boss, even in the presence of outsiders, he still hadn't forgotten to greet him immediately. Zhang Baiqing was satisfied with Song Ling's statement, which showed that the other party had already roughly understood his purpose of coming and expressed his attitude, which made him look at Song Ling with a little more appreciation.

  Song Ling was also very satisfied. This time Zhang Baiqing owed him a favor, which might come in handy in the future. Unlike Li Xi, Zhang Baiqing may go further in the future.

  After the two parties sat down, Li Xi asked the waiter to start serving the dishes. The two parties were not in a hurry to talk about business. They first drank a few rounds of wine, and then began to tell some jokes, lace news and so on, and the atmosphere gradually became lively.

   "Hey, it's hard to be the head of the family!"

  Just as the wine was getting hot in his ears, Zhang Baiqing suddenly put down his glass, let out a long sigh, let out an inexplicable emotion, and then his face sank.

   "The drama is coming!"

   Li Xi and Song Ling had such a thought in their minds. They glanced at each other, and they both understood it, but they still showed surprise in a cooperative manner.

   "Brother Zhang, what happened?"

   It was Li Xi who spoke, and he casually put down his wine glass, looking at Zhang Baiqing in confusion. Naturally, it is not easy for Song Ling to ask questions about this kind of thing. Among the people present, he has the lowest rank, and most of the time he only has to listen.

To be honest, Li Xi was also very curious about Zhang Baiqing's visit. During this time, he has been busy in Yanjing, hoping to get a high-ranking official and another idle job before retiring. Therefore, he is not very clear about what happened in Hong Kong. what.

  The chairman of a listed company does not care about the business development of his group, which is one of the characteristics of China.

"Hey!"

When Zhang Baiqing saw Li Xi took over the topic, he was overjoyed, but with a wry smile on his face, he said, "Chairman Li, to tell you the truth, my brother, I have been under a lot of pressure recently. Seeing tens of thousands of people I’m about to lose my job, Sino-Ocean Group is about to become insolvent and go bankrupt, do you think I can take it easy?”

   "Bankruptcy?"

  Li Xi turned pale with shock, and hurriedly asked: "What's going on? Come and listen to Mr. Li quickly?"

  Basically, in the concept of managers of state-owned enterprises, the concept of bankruptcy does not exist. Because no matter how many losses there are, the state finances are still in their pockets, so this group of management personnel can make a lot of troubles, and at worst they can change places. Anyway, the unlucky ones are only ordinary people.

  However, they have been in Hong Kong for so long, and they have more or less realized that market-oriented business operations are likely to fall into insolvency. If there is another problem with cash flow, they may eventually go bankrupt.

Li Xi is very clear about the bankruptcy, but Huaxia COSCO is even more aware that this is a company directly managed by the Ministry of Oceans, a large group company with 34 ocean-going carriers of more than 100,000 tons, and a total transportation capacity of more than 5 million tons. In addition to the transportation industry, they are also involved in wharf, leasing, shipbuilding and other industries. It is said that their company has as many as 50,000 employees and is an out-and-out giant.

  How could such a company be on the verge of bankruptcy? Li Xi didn't know it for a while, and really thought that something big had happened.

Zhang Baiqing looked up and saw the shocked faces of Li Xi and Song Ling. He was secretly proud of himself, but his face still had a mournful expression on his face: "Hey, it's not because of the recent drop in the stock price. If there is nothing wrong with the stock price If it gets better, I'm afraid it will really go bankrupt. To tell you the truth, the company has only less than 50 million cash turnover on its books recently. If it can't supplement the cash flow, I'm afraid it will really..."

   "This is easy!"

  When Li Xi heard this, his expression relaxed a lot, and he said with a smile, "You can borrow money from the bank, my brother. With the strength and reputation of your company, you can raise tens of millions in cash anytime and anywhere."

Song Ling was also smiling at the side, but in his heart he despised his immediate boss: "The stock price has fallen like that, what should I use as collateral? How can I borrow money? Is the bank from the mainland? You can get thousands of dollars with just one approval." Ten thousand? What an idiot!"

Sure enough, Zhang Baiqing sighed and said, "Mr. Li, today is different. If the stock price was high, you could get tens of millions at any time by using the stock as collateral. But now the stock price of Huaxia Ocean is falling day by day. Banks don’t dare to lend us money at all.”

  He mentioned the stock price again and again, naturally he deliberately turned the topic in this direction.

It turned out that in this wave of decline, red chips and state-owned enterprise stocks suffered the most fierce attacks. Although the market only fell by a dozen percentage points, these two sectors fell by more than 30%, which made the management of these companies complain. Not enough.

  When the stock price rises, they hold the market and are unwilling to sell, but when the stock price falls, no one will take the offer even if they want to sell, so the cash flow quickly falls into a situation where it cannot make ends meet.

  It is also sad to say, because the state-owned enterprise stocks and red chips need to maintain the absolute control of the state, so most of the shares cannot be circulated at will. There are only a small number of shares that can be bought and sold by these managements at will, so once they are attacked, there are not many ways for these managements to fight back.

  After listening to Zhang Baiqing's explanation, Li Xi fell silent. He didn't know what to do in this situation, so he could only sit silently and smoke a cigarette.

  Song Ling knew exactly what was going on with Huaxia Ocean. When the stock price rose some time ago, COSCO Group distributed huge dividends to shareholders on the one hand, and borrowed a loan of about 300 million Hong Kong dollars from the bank on the other hand. Once these two measures were implemented, the management held The shares immediately turned into cash, and everyone made a lot of money. And because the stock price has risen, it is easy to raise funds through banks, so the risk of expansion is immediately thrown to the shareholders, specifically, to the major shareholder, the country.

   This is also a helpless move by the management, because their reward shares are not personal and cannot be circulated in the market. So even when the stock price rises, they can only watch. However, some people soon thought of using the method of dividend distribution, and in order to ensure that there were no problems with cash flow, they borrowed targeted loans from banks.

   To put it simply, these executives dumped the risk of financing to the country for their own reward shares. This behavior is typical of fatting themselves and thinning the world, but so what?

  If the investigation is carried out, they can say that if there is no dividend, the shareholders will complain and the institution will be unhappy. In the end, the stock price will fall, and it will be more difficult to raise funds at that time.

  Song Ling is not interested in caring about these things. What interests him is how much appetite does Zhang Boqing and Zhang Dong have and how much money they want to make from him!

   Thank you book friend Zhixinyi, book friend 130304231231321 for voting for the monthly ticket!

  

  

  (end of this chapter)