Reborn in Hong Kong: The Tycoon Grows Up

Chapter 1276 Rare Earth Test Results

Now that the contract is signed, several people are very happy when they pay. Heiyun Group cannot deliberately delay, serving customers efficiently has always been the company's purpose. The company's image must not be damaged because of personal conflicts. Reputation is very important.

However, specialized engineering and technical personnel are responsible for these. The boss Bao Zixuan has more important things to do. The Zheng family and Bao family rare earth company bonds have been sold almost completely, and now it is time to finish.

Germany's Rheinmetall previously purchased rare earth minerals from Baohuodong Mining Company. Because Baohuodong Company split up, and the rare earth minerals they need are mainly in the Nanyue mining area. Therefore, after Bao Huodong separated, he took the initiative to come to the door and wanted to buy rare earth minerals from Bao Yugang and Zheng Yutong. Seeing that there is such a good thing, of course I will not refuse the business that comes to me. Since the separation, Baozheng Mining Company's largest customer has been Rheinmetall.

After testing the composition of the rare earth minerals that had just been put into storage, Rheinmetall engineers discovered that the quality had deteriorated further. Judging from the current situation, engineers can basically conclude that the mining of rare earth minerals in southern Guangdong is of little significance and it will be difficult to produce high-quality rare earths in the future.

Of course, Peng Yifei would not let go of such a report. Therefore, it was immediately publicized in the German media that Xiangjiang Baozheng Mining Company and South Guangdong's rare earth minerals were facing depletion.

The German media has not yet been able to influence Hong Kong. But after the British saw this report, they immediately became energetic. Rare earth minerals come from mainland China, which has led many people in Xiangjiang to invest in them. Everyone's funds and energy are limited. In the past, mainland China invested more; if you stay in Hong Kong, or in the past, the UK will naturally reduce its investment. I had been dissatisfied with rare earth minerals for a long time, but when I learned about the analysis report of Rheinland in Germany, I immediately became energetic and published it directly in the British media.

It is true that Germany has no influence on Hong Kong, but the relationship between Britain and Hong Kong is very close. In less than two days, British media reports reached Hong Kong. At this time, many people were buying the rare earth corporate bonds issued by Zheng Yutong and Charter King; after seeing this news, they were extremely nervous.

Of course, some people are beginning to rejoice that the bonds they purchased only have a term of one and a half months; if the term is longer, not to mention the income, they may not even be able to get their principal back.

Why did I still feel that Zheng Yutong would be so kind and lead everyone to make a fortune together? Now it seems that the other party is just an empty show, deliberately defrauding money. The boat charter king is not a good person, he is so rich and still wants to deceive them.

People are like this. Once the other party has a problem, most of them will think in extreme ways. You may not be grateful if you make money, but you will always be blamed if you lose money. Of course, no one should laugh at anyone when they are basically unsatisfied. Most people are like this.

After Shen Bi saw the media reports, he was also confused. You need to know about rare earth minerals, but HSBC is behind it. Once Shark dares to act rogue, his days at HSBC will be over. The board of directors had long been dissatisfied with him, and this mistake was enough to make him leave.

But this is not the time to get angry yet. We must find Sha Dantong and Bao Yugang to ask questions. Did the two people collude and deliberately dig a hole for him? It was not impossible. Although Zheng Yutong took the initiative to find him, they were partners after all.

It feels like we were trying to convince Bao Yugang together, as if he was completely unaware of the issuance of corporate bonds; but why he could acquire a bank within a few days of issuance, and why there was no movement at all before, is very suspicious. As for Pao Yugang's words about letting him take a share in the joint operation of Bao's Bank, he may have already forgotten about it. Maybe it was a bigger trap. It could be said that no one could believe Shen Bi at this time.

It was still the office of the chairman of HSBC Bank. When Shen Bi saw Bao Yugang and Zheng Yutong, he was really angry. But the top priority is to solve the problem, not to fall out and quarrel. Even if there is a breakup, it will have to wait until the storm has passed and there will be no impact on HSBC.

Shen Bi: "The Rare Earth Minerals Company is run by two people, and now there is such a big problem. Isn't there a reasonable explanation? I think you have all seen the German report. Although I don't like the Germans; but in the mining industry and industrial fields; their analytical reports are still very trustworthy in the world.”

"If you can't give a reasonable explanation and come up with strong evidence to fight back, this rare earth mineral company bond will definitely suffer heavy losses. And it's not just monetary losses, but also the reputation of HSBC and the two companies."

It's probably no secret around the world that the Germans and British don't deal with each other. But Shen Bi also knows that the German analysis reports on minerals will basically be recognized by all countries in the world. The HSBC headquarters has just called to inquire about the situation in Xiangjiang and hopes that Shen Bi will handle it properly; the bank's interests and reputation must not suffer any loss.

If we don't change or think of something, next time the British headquarters won't be as simple as a phone call. It is likely that the core members of the board of directors will come over, and then he can return to the UK to retire.

At this time, Zheng Yutong didn't know what to do. After all, he wasn't very good at rare earth minerals. And because of the acquisition of the bank, we haven’t had time to recruit a professional team for detailed analysis.

Bao Yugang is also an outsider in mineral management, and I don’t know if it is really like the German analysis. Bao's Bank has also sold a lot of rare earth mineral company bonds, which would be very dangerous if they don't find a way.

Now short-term bonds are coming to maturity and must be paid. And according to the current situation, people will never buy rare earth mineral bonds again. Sufficient funds must be prepared. If the capital chain is broken, the consequences will be disastrous. Although he doesn't understand rare earth minerals, he values ​​business reputation very much. And I also understand that this is the foundation for the Bao family to be based in Xiangjiang in the future.

Seeing Zheng Yutong not speaking, Bao Yugang was also very angry. This was all your idea, now the problem is playing dead. Why do you have such a lack of memory? You know that Shark Tong is unreliable, but you still insist on cooperating with this kid. From now on, I will definitely let him get away as far as possible, it is best not to see him.

But those are things for later, the top priority is to solve the negative impacts.

Bao Yugang: "Don't think so much now. We must appease the people who buy the bonds of rare earth mineral companies. At the same time, recruit a professional technical team to conduct a comprehensive inspection of the mining area. If evidence can be found that the German analysis is inaccurate, then everything will It’s easy to say. If rare earth minerals are really facing depletion, we must be fully prepared.”

"Each of us has raised some funds. I know Shen Sheng is in trouble. But that's all we can do now. How can I say that HSBC's cash reserves are much stronger than ours? We are all grasshoppers on a rope. No one can do it." Can’t run away.”

"Short-term bonds are about to mature. There is nothing to say about this. But for long-term bonds, an attitude must be adopted. If the buyer wants to redeem, he must pay according to the short-term bond income. At the same time, before the matter is investigated clearly, it cannot be Continue to sell new bonds. Of course, even if they are sold, the public may not buy them; it is just a matter of attitude."

Hearing that Bao Yugang actually did this, Sha Dantong and Shen Bi couldn't sit still. You must know that so far, the total number of bonds issued by rare earth mining companies exceeds 40 billion Hong Kong dollars. They can make no money, but if all payments are based on short-term bonds, they will have to pay at least one billion Hong Kong dollars more. But some money has been spent and it will be difficult to get it back in the short term.

Especially when Shardantong acquired banks, it absorbed more than 10 billion Hong Kong dollars in non-performing loans and had a serious lack of capital reserves. If Bao Yugang's words were followed, the Zheng family would have to sell off some of their assets, and who would be willing to do so?

Zheng Yutong: "Sheng Bao, the top priority is to analyze the mineral reserves; if we don't have confidence in the mining area, we will suffer heavy losses."

"When the family was separated, Bao Zixuan had already issued a report. Unless he deliberately deceived us all, it was impossible. Although I don't like that kid very much, he is still very trustworthy in terms of technology and data reporting. The Germans want to The possibility of lowering prices is not impossible, and we must not mess up our position now.”

Hearing what Zheng Yutong said, whether it was Shen Bi or Pao Yugang, it still made sense. I can't believe the German report completely, but I can't believe what Shark Dantong said.

Bao Yugang: "I will find the most professional team to conduct analysis. I hope there is something wrong with the German report. But you two should also be prepared for the worst and don't always feel good about yourself."

There was definitely something behind the words, and the two of them could feel it at this time.

I flew for 4 hours today. When I got home, I watched my parents sleeping, and I felt like that’s how people are! I drank a lot at the same time and I don’t know how to describe my mood at this time!

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