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1381【Mortgage Loan】

In addition to setting up the crew, Xia Tian ordered Liang Botao and Michelle to sell stocks, which has also shown results.

Wenhe Group sold its stocks because it was difficult to hide the large-scale sale in a short period of time, so it was quickly noticed by the market. It caused a certain degree of panic, causing a group of investors to panic, not knowing why it did this.

Xia Tian explained to the public that he wanted to acquire Columbia Pictures and urgently needed a large amount of funds, so he had to sell large amounts of stocks to cash out.

The market generally recognizes this reason. Because Hong Kong people all know that Xia Tian will acquire Columbia Pictures recently. This acquisition does require a lot of money, so it is not surprising that he sells his stocks to cash out.

After a large-scale sale in the summer, Wenhe Group's stock price fell slightly, from the 29 yuan triangle to the 25 yuan four-corner, which was not a big deal.

The reason for this is that the Hong Kong stock market is really hot now. Except for the bearishness in the summer, most investors are bullish. Therefore, everyone's investment confidence is high, and anyone is willing to buy any stock.

What's more, Wenhe Group has had good operating performance in the past two years. A few days ago, its Tianfu Garment acquired Du Peng, which made investors feel confident about it. Therefore, although it sold a large amount of stocks, it was quickly digested by the market and did not cause severe fluctuations in the stock price.

In addition to 10% of Wenhe Group's stocks, there are also other blue-chip stocks acquired by Liang Botao's investment department, which added nearly HK$7 billion in working capital to the summer, and also brought his working capital to HK$27.7 billion.

...

In the United States, Michel also seized the time to sell stocks of Microsoft, Oracle, adobe, Intel, HP and other companies. Due to the large-scale selling in a short period of time, the stock prices of these companies fluctuated sharply, and even caused small-scale panic in the market.

It is worth mentioning that if you serve as the head of a company, supervisor, and major shareholders who have more than 10% of the stocks in the United States, if you want to sell restricted stocks, you must have at least one year's ban. After the ban, if you want to sell, you must issue an announcement in advance, and the sales must be limited to the amount, otherwise it will violate the law and be severely punished.

However, the restricted stocks mentioned here refer to listed companies that grant a certain amount of the company's stock to the incentive targets in accordance with predetermined conditions. Only when the incentive targets meet the conditions stipulated in the equity incentive plan can they sell the restricted stocks and benefit from it.

In layman's terms, those stocks that are equity incentives and targeted additional issuances are stocks issued by the primary market. The stocks held in summer are bought bit by bit from the secondary market (stock exchange), so they are not subject to this law's restrictions.

This sale once again added $600 million in cash to the summer. The reason why it was so small is that the stock had been mortgaged once before the summer and applied for a loan. So this time, the loan was repaid, the stocks were redeemed, and then the sell-off was carried out.

The return of US funds has also caused the cash volume in summer to exceed the 30 billion Hong Kong dollar mark. The total market value of the Hong Kong stock market is only 400 billion Hong Kong dollars, which means that nearly 10% of Hong Kong listed companies can be swallowed up in summer.

However, he was not satisfied, because Xia Tian knew that this was a rare opportunity to make money. If he couldn't seize this time, the next stock market crash would be until 1997, and he would have to wait for another ten years. So this is really a good opportunity to make money once in a decade, and a person has a few more decades in his life, and he will definitely regret it if he missed it.

Therefore, Xia decided to play with another big one.

...

"What, you want to apply for mortgage loans to 30% of Wenhe Group's stocks, Asian TV, Tianxia Pictures, Tianxia Comics, Tianxia Cinemas, etc.?" Xie Rikui, the Hong Kong general manager of Bank of China in Hong Kong, widened his eyes and looked at Xia Tian in surprise and said, "Mr. Xia, are you kidding?"

"Of course not, I'm serious." Xia Tian smiled slightly and said, "Why, can't you swallow it here?"

"That's not." Xie Rikui shook his head and said.

Although Bank of China has not as financial reserves as old banks such as HSBC, Standard Chartered, and Citi, it is still possible to take advantage of tens of billions of Hong Kong dollars. However, Xia Tian’s move is too big, which makes him unable to react for a while.

"But Mr. Xia, why do you have to borrow so much money?" Xie Rikui asked in confusion.

Xia Tian mortgaged almost all his important assets, which is to describe them in one word, which is "crazy". He made such a big deal, and he really didn't know what he was going to do.

"To be honest, I have some investments in the United States that need funds in urgent need of funds. Otherwise, I wouldn't have mortgaged all of them." Xia Tian explained vaguely.

Of course, he could not wipe away the suspicion in Xie Rikui's heart, "Mr. Xia, what kind of investment requires such a large amount of funds?"

In summer, all these assets can be mortgaged, and at least 20 billion Hong Kong dollars can be borrowed. So much money, plus the stocks he sold before, add up to nearly 30 billion Hong Kong dollars. What kind of investment will require so much money! To be honest, Xie Rikui has some doubts in his heart.

"Mr. Xie, this is my business secret, so don't inquire again." Xia Tian waved his hand and said, "I'll just ask one question, will you accept this loan? If you can't do it, I can change to a second one."

"This...well, we accept your loan." Xie Rikui nodded after hesitating.

A loan of more than 20 billion Hong Kong dollars, only interest alone costs 3 million Hong Kong dollars a day. To be honest, for Bank of China, this is an inexorable temptation or temptation.

Moreover, Xia Tian has a good relationship with the mainland, and he is also very famous in Hong Kong and is known as the "Boy of Spreading Money". It is indeed difficult to keep high-quality customers like this.

"Okay, I hope you guys get better as soon as possible. I don't want to delay for too long." Xia Tian reminded again.

I don’t know when the Hong Kong stock market crash will come. According to summer estimates, it shouldn’t be long. If the loan has not been completed before the stock market crash, there is basically no need to handle it.

"Okay, I will make people speed up the review." Xie Rikui nodded, "By the way, Mr. Xia, I asked curiously. I heard that you have a close relationship with Mr. Chen Bi of HSBC. Why don't you go to him for a loan this time?"

Xia Tian smiled slightly. His cash is now in HSBC, with as much as 30 billion Hong Kong dollars. That much money is enough for him to acquire Colombia. If he applies for a mortgage loan, Chen Bi will inevitably be suspicious. When the stock market crash breaks out, he will immediately realize that it was Xia Tian who predicted the stock market crash in advance, so he raised a lot of funds. At that time, he will understand the details of Xia Tian.

So he could only avoid Chen Bi, and even Citigroup and Standard Chartered did not dare to look for him. Because British and American banks are in common, they often communicate with each other. There is no difference between looking for them and looking for Chen Bi.

Chinese banks have always been an outlier in the Hong Kong financial industry. They are incompatible with other banks and are not closely connected, so they find Chinese banks to apply for loans.

Besides, the Chinese bank is led by the mainland government, and its relationship with the mainland is relatively close, so it is conducive to confidentiality.

"Because I have feelings for the mainland, I like to invest in the mainland, and I also like to cooperate with the mainland. I don't want to get the money this time, and I want to give this gift to the mainland." Xia Tian smiled slightly and said, "Why, Mr. Xie is not welcome?"

"No, welcome, welcome!" Xie Rikui said with a smile when he heard him say this.
Chapter completed!
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