Reborn in Hong Kong: The Tycoon Grows Up

Unlike Second Young Master Zheng, who was on tenterhooks and didn't know how to report to his father. At this time, the Qiu family's mansion was peaceful. At least Qiu Degen was very satisfied with the current situation. Far Eastern Bank is all sold and I can finally have a good night's sleep. And in this transaction, the Qiu family made a huge profit.

The Far East Bank equity sale resulted in a total of HK$800 million. This is still under the condition that Nanyang Far East Bank is selling at a low price, otherwise there will be no problem in raising 1 billion. But this is all small money, the real big money is the exchange loan.

A total of nearly 10 billion Hong Kong dollars in loans were exchanged from major banks including Heiyun Bank. Some major banks are basically ready to give up on some loans, or are preparing to write them off. The loans exchanged by Far East Bank are all reputable companies or individuals. And all of them have collateral; it can't even be called a loan, it can be called a kind of wealth.

Not only can you earn interest every day, but you can also establish long-term cooperation with reputable companies. This was something I had never dared to think of before, and I never thought it could be easily achieved. In fact, except for Yuan Tianfan of Heiyun Bank, the heads of the major banks in Hong Kong believe that the Qiu family is already preparing for the worst and may bankrupt Far East Bank.

But I didn't expect that the bank would be sold to Shardantong the next day. It was so obvious that he wanted to trick others. Qiu Degen is always cautious in doing business and will never deliberately deceive others. Combined with the report on the TV station about the secret conversation between the two parties, it is possible that Zheng Yutong was definitely involved here.

When gods fight, mortals suffer. There must be something going on between the Qiu family and the Zheng family at this time, and maybe selling the bank is a last resort; Shark Dantong is not so disciplined in doing things. And since everyone has benefited, they will definitely not join in the fun at this time.

Qiu Degen said to his family: "No one should think about the bank's affairs. It's just that the times do not allow the Qiu family to continue to operate the bank. Everyone who is doing this is my family. The Qiu family can develop and grow without Thank you for your support. Now there are several options to choose from. The first is to continue working in a company affiliated to the Qiu family, but you must start from scratch. If he feels that he is not capable, I can sponsor him to study abroad."

“But I am only responsible for living expenses and tuition fees, and I don’t care about other expenses.”

"In addition, the family can also sponsor him with a sum of money to start a business. He can do anything, it all depends on his own ability. Don't think that the business is small and don't do it if it's too low-end. Working in a bank sounds lofty, but in recent years; Without the support of Southeast business, Far East Bank would have been unable to continue operating."

Qiu Degen, a fellow member of the same clan, has done a good job. After all, no one's money comes from the strong wind. If someone is still not satisfied, then such a person does not need to pay attention to him.

Seeing that everyone was silent, Qiu Degen continued: "What choice did you make in the end? Where did you register with the housekeeper? I hope you will take care of yourself and make achievements step by step."

Then the boss and the second child were called to the study, and they also wanted to tally the results of the battle.

As for the rest of the Qiu family, they are just related to each other; Qiu Degen has already given his choice, so he no longer pays attention.

These two are both biological sons, so you don't have to worry so much when talking to them.

Qiu Degen smiled and said: "Boss, you have always been in charge of the bank; tell me how much profit our family will make from this exchange of loans."

Qiu Dasheng was still a little reluctant when the bank was sold. After all, he was in charge of the bank before, and his position would be very awkward after the sale. As the eldest son in the family, coupled with the Chinese tradition, the family needs him to inherit it in the future. So the most important industry in the family when he was young would definitely need him to manage it. Now being sold directly, although there is an element of coercion in it, I still feel uncomfortable.

Through this loan exchange with other banks, he discovered that bank loans can still be operated in this way. I had only heard of it before, but I didn’t expect it to actually exist in reality.

In fact, this is because Hong Kong is currently not very regulated for major banks, and many of them are small and medium-sized banks. If all small and medium-sized banks are acquired or merged, it will be very difficult or even impossible to do this.

Qiu Dasheng said with a smile: "Since our loans are all high-quality loans, other banks are all non-performing loans. Therefore, during the exchange, a handling fee ranging from 10 to 30 percentage points is charged, with an average of 15.5%. In other words, through the exchange of loans , a total of 1.5 billion Hong Kong dollars for Holly. This is still a tight time, if given a little more time, I believe it can definitely reach 2 billion Hong Kong dollars."

The Qiu family used 10 billion Hong Kong dollars in advantageous loans in exchange for 10 billion in non-performing loans from other banks in Hong Kong. People who are engaged in banking business are all experts, so of course they know the ropes here. Many people previously thought that the Qiu family was forced into a desperate situation and had insufficient financial reserves. That's why we do this. After all, banks did this in the 1970s.

But I didn't expect that the Qiu family would take this step. After all, once the news was exposed, the bank would definitely collapse. But you can't do this kind of thing of killing the goose to retrieve the eggs, otherwise there will be endless troubles.

I just didn't expect to sell the bank to Zheng Yutong the next day, so it was obvious; this was a good takeover, which was obviously a scam. Zheng Yutong had previously cooperated with HSBC, so he did not have much business dealings with other banks. And even if you tell him, what can you do? The deal between the two parties has already been reached, which will only cause more trouble.

Maybe they will still hold grudges and express their anger towards you, and it will feel like you are watching someone else’s joke. No one is willing to do this kind of thankless thing.

Second Young Master Qiu didn't expect that he could make so much money in one night. You must know that Far East Bank can only sell for 1 billion Hong Kong dollars at most, but it is not expected that it will more than double; wealth and wealth can be obtained through insurance. There is nothing wrong with this saying.

At the same time, I also understand why my father is so generous; he actually supports other people in the family to start businesses and study abroad. Now everything is explained.

Qiu Degen: "Although this time we have made a lot of profits, it also comes with huge risks. If Shark Dantong doesn't accept the move, we, the Qiu family, will probably be the ones who are sad at this time. Fortunately, everything is expected, but at the same time, we also Shark Daredevil is completely offended."

"At present, the strength of the Qiu family is definitely not as good as others, so they must keep a low profile in the recent period. Especially the second child, you must not let anyone grasp anything. In the past period of time in Singapore, you were in charge of hotel projects."

"As for the boss, you go to the TV station to work for a while; after I finish meeting with Bao Zixuan, you will be responsible for the next project of the Qiu family."

Father and Bao Zixuan are about to meet, and both the eldest young men of the Qiu family know about it. It's just that the two people have completely different ideas at this time. At least Qiu Ershao is very disappointed.

The main body of the Qiu family is in Xiangjiang. No one can deny this. The scale of the Singapore project is not large. In the past, the responsibility was similar to that of distribution. But no one dared to disobey dad's order and could only nod in agreement.

In fact, Qiu Degen's idea is very simple. The second child is not stupid, he just likes to play too much. And he likes to compete with his elder brother. If something happens in Xiangjiang, it will be difficult to end it. Moreover, the Zheng family will definitely retaliate, and Sha Dantong is not a master who suffers easily. This time he was tricked by the Qiu family, so it would be strange not to take revenge.

As for Qiu Dasheng, he was very happy that his ability was finally recognized by his father. The bank has been sold, so the TV station will undoubtedly become the focus. And this is not the most important thing. After dad meets with Bao Shaofu, there will definitely be big moves. And he has made it clear that he will be responsible for the next projects.

Entering a new project is similar to starting a business; at least many things require full participation. So it is undoubtedly a kind of training for it. Bao Zixuan said that the feasible projects are absolutely indispensable.

Although the boss of the Guo family is in the mainland at this time, his life is very comfortable; he is definitely much better than the children who are staying in Xiangjiang. This is all thanks to Mr. Bao. Without his guidance, the Guo family would not have entered the food processing industry.

My father is still in good health at present. If nothing happens, he should not have any big problems in working for 20 years. There is no need to consider succession matters at all, it is better to do something down-to-earth.

There are many brothers and sisters in the family. If you can't make some achievements, it is estimated that the family inheritance rights will not be so easy to obtain.

Qiu Dasheng said very seriously: "Father, when you meet with Bao Zixuan, can I study beside you?"

This is a good idea, at least you can see how people talk and do business.

After getting the affirmative answer, Qiu Dasheng felt extremely happy. If he could take the opportunity to get on the line with Bao Fu, it would definitely be beneficial to future development.

The two Qiu brothers left their father's study with different moods. Qiu Degen also understood what was going on, but a decision must be made at this time; otherwise, when revenge really comes, the Qiu family will not be able to bear it.