There is no other news about the so-called struggle.
Su Yehao, who was used to reaching out for money, had already noticed something was wrong... He guessed that he might have been let off the hook, and his acquisition plan was rejected by First Quanye Bank.
In order to prevent the McKinsey consulting firm from slacking off when it was preparing, Su Yehao chose to conceal the news that there might be problems with the loan from his partner Adrian, and instead began to actively contact other banks that had approached him, so that Nong Qingying and KOKO Feng
Contact us for help.
The business cards that had been thrown away as waste paper before were also asked by Assistant Zhuang Wei to dig out. Among them were representatives of Hong Kong-funded banks, as well as banks from Japan, Mainland China, Taiwan, Europe and the United States.
Su Yehao mainly continued to consider other banks in Japan due to loan interest considerations, but from a safety perspective, Hong Kong and mainland banks were more reliable.
It would take about 3 billion Hong Kong dollars at a time, and the figure did seem a bit scary, so Su Yehao thought of breaking it into small pieces and finding more banks to try to cooperate with the loan.
He knew not to put all his eggs in the same basket. However, the previous cooperation with the First Quanye Bank Hong Kong Branch was very comfortable, so he did not try to find a new cooperative bank. Only now did Su Yehao realize that he was stupid.
It's a waste of energy to look for a reliable bank again and start contacting it from scratch. From this morning to now, Su Yehao has been on the phone constantly.
In this kind of matter, his parents can definitely help, but in order to avoid being lectured by his parents, Su Yehao thought it would be better to try it first, and then contact them later if he was desperate.
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There are only a few solutions placed in front of Su Yehao.
The first is to try to find new sources of funds.
The second is to abandon the overall acquisition of ICQ and instead finance or acquire part of the shares.
The third is to make more money in the short term and strive to earn enough funds before the transaction is initiated and completed.
The fourth is to sell some Yahoo stocks and cash out one to two hundred million US dollars as pledge, so that the banks can feel more at ease and reduce the risks they bear.
Faced with these solutions, Su Yehao chose one and three.
The search for cooperation with other banks is not progressing smoothly. It takes time to investigate and understand and adjust.
Su Yehao asked Nong Qingying to assist him and opened an account at Morgan Stanley in Hong Kong. He temporarily cashed out 50 million US dollars and ambitiously searched for reliable investment targets. By analyzing the latest global trends, he tried to bet on
Use this 50 million US dollars to increase leverage and try to make a big profit.
When Nong Qingying opened an account at the Dalian Morgan branch in Hong Kong City in the name of KOKO Venture Capital, he came all the way to meet Su Yehao with the documents.
When she saw Su Yehao standing in front of the computer with all kinds of information piled up in front of him, she said in a surprised tone: "We haven't seen each other for just a few days, and you don't shave anymore. You look so haggard."
"Are you feeling haggard? There's nothing wrong with me. I'm just excited."
Su Yehao pulled up a chair and asked Nong Qingying to sit next to him, and then said with a smile: "It was too smooth before, and some of my ambitions and courage were temporarily suppressed. It is rare to encounter an opportunity to make a big gamble. This time I must
Just do it hard!"
"…Who is the vote for?"
Nong Qingying smiled and suddenly Didi started driving.
Su Yehao, who was stunned for a moment after hearing this, laughed and said: "You have changed and become more likable. In fact, there is no need for you to come all the way here. I am ready to take the time to go back."
"I'm concerned about you. I contacted the bank for a loan and made a cash transfer. I thought you were kidnapped by someone."
Sitting next to him, Nong Qingying took off her high heels, put her long legs on Su Yehao's thigh, and continued to ask: "I can understand the loan, but you said on the phone that you were crazy about increasing leverage. What happened?
"
When Su Yehao started to be dishonest about the black stockings delivered to his door, he sighed and said:
"I'm still too poor. I think it's better to ask for others than to ask for myself. I plan to make more money. Even if I start negotiating with the acquisition target and succeed, it will probably take a month or two. During this time, I plan to earn 100 million.
To reach 200 million U.S. dollars, if you pay part of it yourself and let the bank bear part, you will have a greater chance of success. Even I feel that asking the bank to take out all the funds is a bit of a waste of money and seems unreliable."
"The amount of your loan is too large and there is no collateral. They are not optimistic about ICQ and do not want to accept ICQ shares as pledge. I am afraid that not only will you not make any money, but you will also invest the capital you got from the cash out. It will take a month or two.
After making one to two hundred million dollars, why don’t you say that you have wings and can fly into the sky?”
Nong Qingying felt that Su Yehao was good at everything, but he was just a playboy, and occasionally he seemed too irritable.
Su Yehao smiled and said: "To tell you the truth, I already have an idea. It just so happens that the financial reports will be released next month, and the stock prices of a group of companies are likely to rise sharply."
Hear the words.
Nong Qingying immediately guessed something and asked: "So... instead of commodities and foreign exchange, are you going to speculate in American Internet companies?"
"Yes, Cisco and Oracle, their plates are big enough, and I can use greater leverage."
Su Yehao just finished speaking, and added with a sigh: "If it fails, then I should make a choice between developing my own company and reducing my investment in Yahoo. If AOL acquires ICQ, then I
We will miss an opportunity for TVT to expand wildly."
Nong Qingying, who had already seen clearly, knew that Su Yehao was ambitious, wanted too much, and was just looking for trouble.
She said calmly: "I want to advise you to be more prudent, but you never listen to my advice. At worst, you will lose your pants and inherit the family's real estate company and medical group."
Standing up and stretching, Su Yehao picked up Nong Qingying and said cheerfully: "Come with me to take a bath and shave. I have been analyzing Cisco's recent performance. Let's relax and be happy first."
Hug Su Yehao's neck tightly.
Nong Qingying dozed off, and only said: "Can you let me take a nap first? I met a fool on the plane, and the child made a lot of noise all the way, and the stewardess gave me earplugs to no avail."
How could he let her go so easily? By the time Nong Qingying started to catch up on her sleep, it was already more than half an hour later...
that day.
Cisco shares edged down 0.2%.
The next morning, Su Yehao used US$30 million as a deposit to leverage a US$300 million option contract.
The other 20 million U.S. dollars were used as a deposit to purchase Oracle stock options worth 300 million U.S. dollars through Morgan Stanley Harbor City Branch.
The former has a leverage of ten times, while the latter has a leverage of fifteen times. A small fluctuation can involve millions of dollars. There are ups and downs that day, and the profit in a single day is more than 11 million U.S. dollars.
Unlike Yahoo, the holdings of these two companies are relatively large, and this position is less than 1% of the total market value of the two companies.
Even so, Su Yehao's actions have attracted attention, and there is even news in the "Wall Street Journal" that some Hong Kong institutions are working hard to be optimistic about the prospects of these two companies...