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Chapter 499 Chinese Chamber of Commerce
As expected, while the regular meeting was still open on Friday afternoon, Forest received various "tests" from Oasis Securities. To be precise, those tests were begging for mercy.
Lei Hao's opinion is very simple, either give all the money, or use shares as collateral, or Forest can directly negotiate with the insurance company.
If there was more time, Oasis Securities would be able to slightly restore the situation, but the settlement date on May 5 is too confusing.
In just one week, it was really difficult to raise about 48 million US dollars. Even if it was raised, Oasis Securities collapsed.
Moreover, the shareholders of Oasis Securities have noticed the changes in the company. The employees are unstable and the distrust of customers is increasing. It seems that... the company is developing towards a bad side.
In this case, it may be a good choice to try to sell the shares at a good price.
Suddenly, Keith, who controlled 30% of the shares, found that his opinions were ignored, shareholders skipped the board of directors, and there were signs of unity.
There are still seven days before the settlement day. Lei Hao has prepared a series of means. Judging from the current situation, he has the greatest possibility of taking over Oasis Securities, because only the Oasis Securities he accepts is a company worth 75 million. Everyone else will lose some anyway.
We had dinner with people from the company, and a lot of things were finalized during the dinner. When we returned to the hotel, listening to Li Yingfeng describe the arrangements for the past few days, Lei Hao suddenly felt that he didn't have much free time.
Last weekend, he could use being busy with the acquisition of Forest as an excuse, but this weekend, Lei Hao had a lot of parties to attend that he couldn't avoid.
The first thing that bore the brunt was the invitation letter from the New York Chinese Chamber of Commerce. To be precise, it was the invitation letter to the New York Chinese Chamber of Commerce’s financial industry gathering.
There are a lot of parties in the United States, and gatherings are common. Some influential people can be said to attend parties on 52 weekends a year plus holidays, and Chinese Americans are no exception.
According to Lei Hao's net worth, he has skipped the primary stage. You can ignore those ordinary gatherings, but you can go to the Chinese Chamber of Commerce. Especially when this party is sponsored by Chinese people in the financial industry, it is even more worthwhile. Go.
"Maybe we can recruit some people, and maybe we can negotiate some contracts." Looking through the list of participants, Lei Hao was thinking about some issues in his mind.
bank! Buy a bank or open a bank!
This was something Lei Hao was thinking about. It was extremely difficult to open a bank in China, and he couldn't compete with those state-owned banks.
The banking industry in the United States is very interesting. During the Great Depression, the government did not allow commercial banks to carry out investment banking business, so commercial banks and investment banks were separated. Later, the famous zipper door presidential administration went back to allow banks, securities companies, and insurance companies. Coexists under the financial holding company.
What will happen as a result of this? The answer is monopoly. The monopoly power of large financial institutions is infinitely strengthening.
It is both a commercial bank and an investment bank, and it can also open securities companies and insurance companies. Financial institutions have formed an entire system within themselves. It is strange that there are no tricks in it.
If LEI had a bank, many things would be different. Not only could it use its own bank as a money bag, but it could also allow securities firms and investment banking institutions to increase its influence and profits. Under a virtuous cycle, the prototype of a financial empire would be completed. .
However, banks are too expensive, and many things have their own restrictions. Lei Hao still has no clue at the moment. He can only get Su Yiwen's assistance after Lei Hao can let go for a while.
Now... I can only try the waters myself first and listen to what my compatriots on Wall Street in New York have to say.
Saturday, 29th, evening.
Wearing a suit brought from China, Lei Hao missed the days when his fiancée was by his side every time he attended a party. Not only was he alone now, but most importantly, he was not very good at dealing with these occasions.
Driving into Chinatown, handing over the invitation, and walking into the agreed upon hotel, Lei Hao couldn't help but feel relieved when he saw dozens of friendly Chinese faces in the room.
"The only way for the Chinese to take over the world is to move into their homes." A joke on the Internet suddenly came to mind, and Lei Hao felt much more relaxed.
"Welcome, Mr. Lei." A fluent English sentence sounded beside him. Lei Hao turned around and looked. Yes, it was a Chinese face.
"Ha, hello." He stretched out his hand and shook the other person's hand. Lei Hao spoke in Chinese.
"I'm Yun Jingdong, one of the initiators of this party." Yun Jingdong started to speak Chinese, but he seemed a little unskilled. He still smiled and asked, "I'm not very proficient in Chinese. Can I Do you speak English?”
"I'm not very proficient in English either." Lei Hao spread his hands and noticed a flash of dissatisfaction on the other person's face.
"It's okay, let me introduce it to you in Chinese." Yun Jingdong said with a smile and started to enter the program.
Lei Hao didn't take it seriously either. Although he never gave interviews to the media and rarely participated in gatherings, his net worth was there and he would not lose to anyone on any occasion.
This can be seen from the focus of everyone's attention at the scene.
Yun Jingdong works for Morgan Stanley and has considerable influence in the Chinese community in New York, especially in the financial field. He has relationships with almost all Chinese on Wall Street.
At the end of every month, the Chinese Chamber of Commerce holds gatherings of all sizes. As long as you find a hotel and have a wide network of contacts, it is very simple to invite some colleagues to have a party. Everyone will give you face and come here to have a drink and talk. Business.
Most of the people present tonight are practitioners in the financial industry. In recent times, anyone who is Chinese on Wall Street knows that a Chinese has broken in and made quick and accurate moves. He first took over Forest and then cheated Oasis Securities.
After a final investigation, Lei Hao's information was placed in front of everyone's desks.
When Lei Hao was entertaining his master Yun Jingdong, almost everyone present focused their attention here.
"Quite young."
"I heard he started from scratch."
"Hey, you're lying. I heard that his wife is worth several billion yuan."
"If I give you a wife with a net worth of tens of billions, can you make tens of billions a year?"
"No matter what, people are still capable."
"I just don't know which side it is on."
When he said the last sentence, everyone at the scene exchanged glances with their own plans flashing in their hearts.
Lei Hao knew some clues without looking at them. Before coming here, he had investigated and found that there were many factions in the Chinese Chamber of Commerce.
"Let me feel it myself, then I'll take a look and see what this thing is." Lei Hao and Yun Jingdong were talking and observing the people and things in the venue.
PS: I recommend a farming article "The Leisure of the System", written by a friend. Interested book friends can check it out 0.0
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