Knight of the Light

Banking crises can be magnified hundreds of times with the help of capital chains. When HSBC consciously broke its arms and was very decisive, the crisis gradually broke out after half a month of brewing.

hk's british announced to take over HSBC, sort out its financial security vulnerabilities. But when it was determined that the loophole was as large as hundreds of billions of dollars, they actually shrank, refused to provide government-level credit guarantees, and were even less willing to inject emergency funds.

hk is the regional financial center of East Asia, but the British guys sit back and watch the crisis break out. Because the hole was too big, I accidentally pulled all the British Isles.

This situation even exceeded Zhou Qingfeng's expectations. He was originally looking for trouble with HSBC. He did not expect HSBC to be the core of the intertwined capital chain.

HSBC suffers, and entities involved in it have to be implicated.

East Asia’s economic engine at this time was Japan, but Japan’s economic crisis has erupted, and it is now hard to protect itself.

Other small dragons and small tigers could not support enough scenes, and could only watch the danger of a broken capital chain spreading out like a plague.

Panic is contagious.

When financial institutions across East Asia realized that the crisis was inevitable, everyone was pumping money to shrink their lives. If you don't want to go bankrupt, selling assets cheaply is the only way.

In the face of the financial crisis, the savior is the one who can withdraw money. When Zhou Qingfeng expressed his willingness to spend money on acquisitions, first of all, a bunch of financial institutions jumped out to sell him packaged'negative assets'.

'Negative' here does not mean that assets are bad, but that these assets are depreciating.

It's ridiculous that not only HSBC is doing this, but a lot of banks are doing this.

This is similar to how banks in Tianyang tried to get rid of the burden of state-owned enterprises. The "baggage" will cause an additional loss every time you stay in your hand.

Banks hate losses most.

The amount of "negative assets" sent to Zhou Qingfeng is like a piece of fat, making it difficult for him to choose.

At present, they are all entities with great development potential. With the rapid growth of the domestic economy, they can earn ten times and hundreds of times as long as they buy them.

1.5 billion dollars is obviously not enough.

Sofia had to increase the purchase amount to 5 billion US dollars in order to include more assets in the purchase list. But when the more money is spent, the number of companies that are rushing to sell increases tenfold.

After the publication of the "Holy Light Economic Weekly" in April, some banks confirmed the profit expectations of the "Holy Light Group" and were willing to provide loans to the "Holy Light" to facilitate acquisitions.

This... how sorry!

Uncle Zhou is still in a good manner. He is unfamiliar with the Western "ruining his family and gaining money" and he will slander the black heart routines that others are asking for. He always felt the crisis he had created, and he couldn't be too public.

But this kind of practice of taking advantage of once is not enough and taking advantage of more is really too much...and it cannot be refused.

Even the chaebols on the other side of Japan couldn't sit still. Mitsui, who had contacted them before, sent people to come and asked to continue the loan business with Sacred Light and provide further services.

Leading by Watanabe, the Mitsui consortium sent a deputy president to visit Zhou Qingfeng in person at hk.

In the parlor of the ‘Holy Light’ branch, the two parties met with a few words of greeting, and the vice president of ‘Mitsui’ opened the door to express his intentions.

"His President has established the "Holy Light" Group in the past two years, and the business development is impressive. We have always attached importance to the mainland market and we are willing to provide assistance for the expansion of "Holy Light".

We have obtained the financial status of ‘Holy Light’ announced by PwC recently, and believe that it is necessary to provide more financial support to the President. "

On the other hand, Eagle Sauce imposed sanctions on'Holy Light' in the name of illegal smuggling. On the other hand,'Mitsui' had the courage to provide funds to President Zhou. This world is indeed ridiculous.

The yen is currently continuously revaluing, which has hit Japan's exports. Before the "Mitsui" gave the "Holy Light" a total of 100 billion yen, the converted US dollar is almost one billion US dollars.

This time, Mitsui directly raised the loan amount to 300 billion yen, an annual interest rate of 4%, and a 30-year repayment period. ‘Holy Light’ uses its own assets as collateral.

The condition is that the Japanese assets must be purchased, to be exact, the negative assets of Mitsui’s own depreciation.

Like HSBC, Mitsui has also made a booklet of assets for sale-Little Japan has a wealth of money, and more can be sold.

The first dozen or so pages are all real estate, mainly in Tokyo. Uncle Zhou directly pass-buy hk's real estate is still missing, buy 92 years of Tokyo real estate, do you want me to jump off the building?

Except for real estate in Tokyo, it is a lot of real estate in New York. Uncle Zhou was even more passable-I was sanctioned by Eagle Sauce. I bought it in the morning, but I was afraid of being confiscated in the afternoon. There is a pit in the brain to spend the wrong money.

Next are some financial products, as well as overseas assets. "Holy Light" hasn't expanded to the whole world yet, reaching out to Southeast Asia is Zhou Qingfeng's heart.

After turning over the booklet, Zhou Qingfeng didn't pick his favorite. He asked rhetorically: "Can assets in the electronics industry be purchased directly?"

Sitting beside, Watanabe hurriedly submitted a list of his own, which are some of the "low-end" electronic component products mentioned by Zhou Qingfeng.

The list was forwarded to the vice president of Mitsui. The other party looked down and saw some small things like resistors and capacitors. The technology and value of these enterprises are not high, and the ten factories add up to a building in Tokyo.

The quality of domestic electronic components is quite bad for a long time. It is not that the technology is not good, but the workers have no sense of responsibility at all. Domestic companies have no desire to use domestically produced products, and similar situations abound.

"I want to bring people to buy together with the factory, and move the industrial chain directly to the country from the raw materials." Zhou Qingfeng knows that it is difficult to establish a system, it is better to copy others' existing systems directly.

Just spend the money.

Anyway, it is a loan from Little Japan, with a 30-year repayment period.

When I heard that Zhou Qingfeng wanted even workers, the vice president of Mitsui agreed very readily—they were all very basic things, and it was nothing to sell.

"I also want an industrial chain of semiconductor chips, from silicon manufacturing to chip design to IC packaging and testing."

As soon as Zhou Qingfeng spoke, the other party wanted to shake his head. But he stopped the other party's refusal and continued: "I can accept non-mainstream processes."

At present, the mainstream of the semiconductor industry is eight-inch wafers, a one-micron process, and the integration of millions of transistors, which achieves a 100-megahertz operation speed.

Not only does China fail to reach this level in terms of hardware, but it is far worse in terms of software and talents. There is no related industry at all.

Except for a small number of military fields, consumer chip practitioners are equal to zero.

In fact, China is in a closed market, and sales can be profitable if the technology level is lower. The key is to build a talent echelon. No one, what about getting a five-nanometer lithography machine?

But this made "Mitsui" hesitant. What Zhou Qingfeng wants is not Jinshan, he wants to turn the decay into a magical golden finger.

Seeing the other party lowering their heads and keeping silent, His Excellency leaned back and waved, said: "Quote a price. I want the entire industry chain. Ten billion US dollars, enough? If not enough, 20 billion!"

The vice president shook his head, "Your Excellency, the semiconductor industry chain is very long, and there are many supporting enterprises. Even if it is not the latest technology, 20 billion US dollars is not enough."

"Then 30 billion US dollars." Zhou Qingfeng did not hesitate to increase, "If you are willing to sell, I can buy another car industry chain or petrochemical industry chain."

The vice president opposite was shocked like a toad, "His President, I would like to take the liberty to ask, are you sure that "Holy Light" has so much foreign exchange?"