Super Tycoon
Chapter 271: Mobilizing Funds
"Dad, when will your foreign exchange application come down?"
"I found someone and said that I will come down tomorrow. Son, isn't the money in the foreign account not enough?"
Zhang Weiguang was a little puzzled. Last year, many accounts were not settled, and the funds were left in a Xiangjiang account. It added up to hundreds of millions of dollars. Is this not enough?
It is very troublesome to use foreign exchange domestically at this time, because China is hoarding a large amount of foreign exchange reserves at this time, especially US dollars, and the control is very strict.
"Dad, why do you keep the money in the account? Do you want to earn interest? Let's spend the money to earn more money. This time, my goal is to invest in some companies related to Zhiduoxing. The more money I get, the more shares I get. The more you earn, the more you will earn in the future.”
Investing in hardware companies can reduce the cost of Zhiduoxing's game consoles. Investing in game companies can allow Zhiduoxing to launch some exclusive games and attract more players and fans.
Zhang Weiguang is indeed very satisfied with the company's profits now, but he is not ambiguous when he hears his son say that he can make more money. Since we are in the game industry, we should do our best. Although Zhiduxing has entered the top ten in the global game industry ranking, it is still far behind Nintendo, EA and other companies.
"Okay, the money will go to Xiangjiang's company tomorrow, and then it will be transferred to you. Anyway, this time, we can exchange so much, and there is no more. You can talk to them about whether you can pay with r. "
Zhang Yang really made people talk about it, but unfortunately r's weight in the international currency system is too low at this time, much lower than the status of the Hong Kong dollar.
The world's foreign trade settlement currencies are the US dollar, British pound and Japanese yen, and there was a ruble before. Unfortunately, as the exchange rate of the ruble keeps falling, no one does it anymore.
As for other currencies, they circulate more in some regions, such as the Hong Kong dollar in Southeast Asia. r, the status is too low.
Before Zhang Yang was reborn, r's status had improved a lot. At that time, the US dollar was still the most widely circulated currency in the world, followed by the euro and the Japanese yen. The r's status was already comparable to that of the British pound.
"Dad, it's really not possible. You can use r to exchange for Hong Kong dollars. This procedure is relatively simple. Then go to Xiangjiang and exchange for U.S. dollars through the bank in Xiangjiang."
Although it will cost more handling fees and one more procedure, this is indeed a good method, and it is also a common method used by many domestic foreign trade companies.
"Okay, I see. When are you coming back?"
"Next week,
Is there anything you want, I'll bring it back to you. "
"It's nothing, just go back to school quickly. Can't you leave the company's affairs to other people?" Zhang Weiguang still cares more about his son's studies.
The matter of making money can be handed over to the subordinates, such as breaking Yongping or something, isn't it all good. Isn't it right to spend so much money to hire them and let them work more?
"Okay, I'm also investigating some people, and I plan to open a company here in the United States in the future."
"It's up to you to decide these things. International calls are quite expensive, so that's it, hang up."
Listening to the busy tone on the phone, Zhang Yang was stunned. Dad, does our family care about phone bills?
But the phone was hung up, and he didn't say much, but immediately made a few more calls to transfer funds to his account in Huaqi Bank.
Except for the non-essential working capital, all other money that can be mobilized has been transferred, and Zhang Yang's funds in Huaqi Bank's account have also reached 200 million US dollars.
Zhang Yang signed a contract with Will, a broker of a financial company under Wells Fargo Bank, and the first thing he did was to entrust him to buy SanDisk's stock.
"Mr. Zhang, all this money was used to buy SanDisk stock?!" Will knew that Zhang Yang was a rich man before, but he didn't expect to be so rich, and he raised 200 million US dollars in cash casually!
"How many stocks do you think you can buy with this money?"
"You can buy all the SanDisk stocks in the hands of retail investors in the stock market!"
"It's just for retail investors? Judging from the current stock price, it should be more than that, right?" Zhang Yang said lightly.
"Of course, if Mr. Zhang is interested in SanDisk, I can help buy the stocks in the hands of some investment institutions. Maybe Mr. Zhang can become the major shareholder of SanDisk, or even the controlling party!"
Zhang Yang took out three documents and handed them to Will: "These are the documents of two investment institutions and a small shareholder of SanDisk. They plan to sell the shares of SanDisk in their hands. My first request to you is That is to buy these stocks, the premium cannot exceed 20%.”
"Secondly, you can buy the stocks that are circulating in the market. First, you need to pay 100 million U.S. dollars. How to use the remaining funds is waiting for my order."
There is not much left to buy the stocks in the hands of these three for 100 million U.S. dollars, especially the two investment institutions, which hold a high proportion of shares.
Although the stock of SanDisk has not skyrocketed, the stock price has also grown steadily. If you want to buy it, it is definitely impossible not to pay a premium.
"Mr. Zhang, how about I recommend some other stocks to you? They are all analyzed by our company. They are likely to grow in the future, and the risk is not high."
"I don't like others to make decisions for me. Calculated based on the current market price, I will pay 120% of the funds for the acquisition. If you can lower the price, then how much money is lowered is yours."
After Zhang Yang said this, Will stopped talking. He picked up the information on the table and made a promise with confidence: "Mr. Will not disappoint you."
After Will went out, Sun Tengfei couldn't help asking: "Mr. Zhang, do you really trust him so much? So much money, such a big business, are you entrusting him?"
Zhang Yang tapped the contract on the table: "I don't believe in him, but in Wells Fargo. Let alone one billion dollars, even if it is one billion dollars, as long as the other party fails to follow the contract and suffers any losses, Wells Fargo will I must be compensated."
In addition to Will, Wells Fargo will also draw a commission, and naturally provide guarantee services.
"Of course, this is also a test for Will. He is the most suitable financial broker I have selected based on the data."
Selected based on data? Sun Tengfei looked confused, he thought it was Zhang Yang who appointed him randomly.
"Okay, I'm still busy with the work here. Follow up with the work with JTS and sign the contract as soon as possible so that the assets of Atari Game Company can be reorganized."
"In this regard, we can ask a professional company to help us divest some debts, and at the same time add some business departments, so that this company can become one of our strongholds in North America."
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