Resource Tycoon Reborn

Chapter six hundred and fourteenth we join forces

Although the two of them are not acquaintances, they are definitely not strangers. They both know each other's situation far better than ordinary people, so when they meet, there are not many polite words. ≯>≥≦

"Fang, congratulations. It seems that the Chinese box office record of "Tangshan Earthquake" will set a new record in your country's domestic film history, right?" Prince Al Saud chuckled, "Some people say that you are the son of a miracle. It seems that you are the son of a miracle.

I'm really right." It has been six days since "Tangshan Earthquake" was released in China, and the total domestic box office has exceeded 270 million yuan. This figure is indeed not significant for the North American film market.

What, but for the Chinese film market, it was like a thunder on the ground! It made domestic colleagues dizzy and found it difficult to wake up for a while!

"That's because my friends are looking up to me, Prince Al Saud." Fang Mingyuan waved his hand and said with a smile, "Speaking of this, Prince Al Saud, isn't the process of your own family's getting rich also a miracle?"

Prince Al Saud handed it to Fang Mingyuan from his butler's handbag and said: "There are fifty million US dollars in it, ten million US dollars are membership fees, and the rest is my donation this year to the Earthquakes Without Borders Foundation...

You won’t refuse my joining, will you?”

"Of course... no! People who really run charitable foundations like people like us who are stupid and have a lot of money." Fang Mingyuan took it without looking at it and said, "Moreover, being able to get Prince Al Saud

It should be their utmost honor to take the initiative to join.”

"Do you think this is a compliment to me? Mr. Gates will probably be dissatisfied with this." Prince Al Saud laughed. With his status, it is not difficult to know that the future Earthquakes Without Borders Foundation

The actual person in charge is probably Bill, and although there is no direct face-to-face conflict in their relationship, it cannot be said to be very friendly. This is mainly due to the different personalities and philosophies of the two people.

"If someone is willing to spend a lot of money to support me every year, I will also say some unpleasant things to him and turn a blind eye." Fang Mingyuan said casually, "Anyway, it is not some fundamental issue of principle, and I can get benefits.

That’s the most important thing.”

Prince Al Saud shook his head speechlessly, and after a while he said: "I call you 'Fang', you can call me 'Khalid'. Abdullah and Maktoum praised you a lot in front of me."

of."

"Then I'm not polite." Fang Mingyuan refused to be polite to him, and responded directly, and then continued, "Khalid, could it be that you invited me to come to Japan this time just for the Earthquakes Without Borders Foundation?

Is it about membership?”

"What if I say yes?" Prince Al Saud said.

"Your villa is nice, it looks very Japanese-style." Fang Mingyuan looked around and smiled, "Although I have not been to Japan for a long time, I still think that owning such a villa is a good choice."

"Hehehe, if you really like it, it's nothing if I give it to you." Prince Al Saud waved his hand nonchalantly and said, "Actually, the main reason I asked you to come here is for Citigroup. Fang, you

You are a sensible person, so I won’t talk nonsense. I just want to ask you, do you think Citigroup can survive this subprime mortgage crisis?”

"Ah?" Fang Mingyuan looked at Prince Al Saud in surprise. What did this person mean? Did he come to beat him because he saw that he was interested in taking a stake in Citigroup?

"Khalid, you are an important shareholder and director of Citigroup. You should know more about the current situation of Citigroup than me!" Fang Mingyuan said seriously, "Citigroup has certainly suffered heavy losses after the subprime crisis.

, but what makes you lose confidence in him? I remember that when Citibank was seeking a rare capital injection, you resolutely spent a lot of money to purchase shares of Citibank. Those two capital injections are classics in the investment world.

do!"

Prince Al Saud shook his head and said: "There is a saying in your country that even heroes should not talk about their bravery and fearlessness in their youth..." Fang Mingyuan turned around in his mind before he realized that what Prince Al Saud said was "There is no good man."

"I was brave in those days."

"Compared with the situation back then, it can be said that it is not on the same level at all!" Prince Al Saud continued, "Citibank suffered extremely heavy losses this time, and the total loss may reach tens of billions of dollars. Of course, this is not

The most important thing is that after this year of frequent bad news, both depositors and customers, and even shareholders, have lost confidence in the company's future prospects. This is what interrupted Citibank.

The backbone exposes it to huge risks..." Prince Al Saud believed that with Fang Mingyuan's far-sightedness and well-informed information, he would be able to know everything about Citigroup's current situation as long as he made up his mind to know it, and he himself

I had a request from Fang Mingyuan, so I didn't hide anything.

Fang Mingyuan was also secretly frightened when he heard this. Although he knew that the subprime mortgage crisis had plunged almost all well-known financial institutions in the United States into a quagmire, and only a few survived, the heavy losses of Citibank still made him frightened.

Hundreds of billions of dollars in "toxic" assets are unbearable even for a behemoth like Citibank. Even he only knows a rough outline of some important information, but with Prince Al Saud's narration,

It gave him a deeper understanding of Citigroup's current situation.

"Now, although many of us still believe that Citigroup has suffered heavy losses this time, it will not defeat Citigroup, but if we cannot reverse the expectations of savers, customers and a large number of shareholders for Citigroup's future,

Not sure about it, then Bear Stearns is likely to be our future!" Prince Al Saud solemnly said, "Fang, ever since you helped Abdullah and reminded us that Iraq might ignite the Kuwait oil fields, you are

Our friend, so I hope you can use your sharp vision to guide me on a clear path."

"Khalid, when you say this, it makes me feel a lot of pressure." Fang Mingyuan said with a bitter smile, "My choice does not necessarily mean it is correct!" This cunning old fox is wearing a big hat.

Prince Al Saud pressed the calling device next to the table, and his secretary walked in quickly, put a document bag on the table, and then stepped out respectfully. Prince Al Saud pushed the document bag to

In front of Fan Mingyuan, he motioned to Fang Mingyuan to open it and take a look. Fan Mingyuan opened it and glanced at it for a few times, and his expression changed slightly. Inside was a free transfer letter of 2.7% equity of Hua Xia Bank!

"In 2006, our country's royal investment company teamed up with a number of investment companies to jointly invest in your country's Hua Xia Bank. Now I have bought these shares, which are considered as my personal holdings. Regardless of your opinion, in the end

Prove it right or wrong, and these shares will belong to you as my gratitude." Prince Al Saud said, "Although the shares are not large, I think you will definitely be interested!"

Fang Mingyuan couldn't help but sigh with emotion at this person's generosity. Hua Xia Bank was one of the banks with the longest history in China. It was established by the founding fathers in the Shanghai Stock Exchange. For a long period of time in the Republic of China, it actually fulfilled the functions of the central bank.

Functions, responsible for acting as an agent for the treasury, accepting remittances of public funds, issuing banknotes, etc.! Even now, Hua Xia Bank is still one of the five major state-owned commercial banks. Its business scope covers commercial banking, investment banking, insurance and aviation leasing, and its subsidiary Hua Bank Hong Kong

, Huayin International, Huayin Insurance and other holding financial institutions provide financial services to individual and corporate customers around the world. The value of this 2.7% equity is quite astonishing in itself, and the meaning contained in it is,

It’s far beyond the value!

"I am interested, but to be honest, these shares will play a far greater role in your hands, Khalid, than in mine!" Fang Mingyuan smiled bitterly, "Khalid, you are making me very embarrassed.

!”

"Oh, I think this is not a problem. We can sign a private agreement. Although these shares are still in my name, the dividends and rights belong to you completely. I can be your agent."

Prince Les Saud said indifferently, "Unless you don't believe in my credibility."

"If you say that, Khalid, then we won't even be friends anymore!" Fang Mingyuan feigned anger. Arabs value credibility, especially people like Prince Al Saud. If he nods, then

But friends have turned into enemies!

Prince Al Saud laughed loudly and said: "Well, if you think this is inappropriate, I still have shares in many companies, including News Corporation and many other world-renowned companies, as well as some oil companies.

.We might as well talk about which one you are interested in."

Fang Mingyuan shook his head and said: "Khalid, it's not actually about money, but I'm going to tell you. I don't know how I will continue with my next actions."

"Oh?" Prince Al Saud's eyes lit up immediately. There was something in Fang Mingyuan's words!

Fang Mingyuan pondered for a long while, but he was quickly calculating in his mind. From his memory, he was sure that the subprime mortgage crisis did not knock Citigroup down, but the negative impact it caused was also extremely serious. It is said that

At that time, Citibank's stock was as low as only a few dollars per share, down more than 90% from its peak. However, from the current point of view, Citibank's situation is far from that point. It is obvious that Citibank's

The most miserable time for the bank has not yet come. If you operate it yourself, although it is impossible to copy the bottom, you can obtain the maximum benefit at the minimum cost.

But in that case, Prince Al Saud may be offended. Not to mention Prince Al Saud's own influence, the negative impact of offending him will greatly weaken his influence in the Middle East royal family. He must also pay back

We must take into account Saudi Arabia’s status in the international oil industry and the current good relationship between the two countries. The amount of crude oil needed in the country will be increasing in the future, and the same is true for Pingchuan Petroleum Group Company, which will put all its eggs in Saudi Arabia.

It is undoubtedly unwise for Kosky Petroleum Company and Russia!

"Khalid, do you or Citibank intend to introduce new investors to boost the confidence of depositors, customers and even shareholders, thereby improving Citibank's ability to respond to the crisis?" Fang Mingyuan asked bluntly.

"Yes! I think you are the most suitable candidate!" Prince Al Saud said without hesitation, "If you are willing, I can convince the board of directors to give you a certain share of shares at a satisfactory price!"

Ten percent, what do you think?" In Prince Al Saud's view, ten percent of the shares is enough for Fang Mingyuan to occupy a seat on the board of directors of Citibank and Citigroup, and, if everything goes well, not only can

It will increase the possibility that Citigroup will survive the crisis. In the future, if he and Fang Mingyuan join forces, their influence on the board of directors will also be greatly increased!

"Ten percent... In this case, your shareholding ratio in Citigroup will also drop a lot, right?" Fang Mingyuan said.

"Compared with this, what would worry me more would be if Citigroup fell to the level of Bear Stearns, right?" Prince Al Saud said with a wry smile. If Citigroup fell to the level of Bear Stearns, wouldn't it?

Not only will his net worth shrink significantly, but so will his social influence.

"Then do you want to own more shares in Citigroup?" Fang Mingyuan said.

Prince Al Saud immediately sat up straight, and his two sharp eyes fell on Fang Mingyuan, but his heart was agitated. Fang Mingyuan's words could be said to have expressed his opinion. If Citigroup's future is bleak,

, how could he possibly persuade himself to own more shares!

"What do you say?" Prince Al Saud asked in a deep voice.

"Because I originally planned to enter Citigroup at the right time. Since Khalid you have said this today, I will give you an answer. Citigroup will not easily fall into the position of Bear Stearns.

The U.S. government and the Federal Reserve will not allow this to happen, but I think that before the U.S. government and the Federal Reserve support it, it must expose all, at least most of the problems! So now is not a suitable time.

"At that time." Fang Mingyuan said with a smile, "As for the reasons, I think you can come up with ten or eight reasons by yourself."

"How about we work together?" Prince Al Saud said immediately, "I only want the shares, and all the income will belong to you then!" As the largest individual shareholder of Citigroup, Prince Al Saud certainly wanted to have his words

Quan was louder in the board of directors, but if Citibank was not in trouble and in urgent need of funds, the Federal Reserve repeatedly urged it to increase its capital reserves. However, despite its repeated efforts, there was no result. People were afraid that Citibank would go bankrupt and sold its shares one after another.

stock, causing the stock price to plummet, how could Prince Al Saud successfully inject capital into it, thereby establishing his status as the largest individual shareholder in one fell swoop! (To be continued.) 8

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