After Qiao Wanting left, Sun Dahai called out Zhou Haibing and others who were still chatting in the kitchen.
It was getting late, so Sun Dahai asked Ren Zhifeng to go home and rest. Sun Dahai was not going out tonight, and there was nothing he needed to help him with.
Sure enough, after Ren Zhifeng left, what Zhou Haibing said to Sun Dahai was about the discount of the Hong Kong dollar.
Last year, the Department of Building the Future was just established, and the capital injected was the money Sun Dahai won from gambling, totaling five million US dollars.
Sun Dahai arranged for Zhou Haibing to transfer the money to Lan Kwai Fong Development Management Company as principal.
In accordance with Sun Dahai's previous request, Zhou Haibing opened the bank accounts for the future holding company and investment company at Deutsche Bank and ABN Amro respectively. The five million US dollars of funds were deposited in Deutsche Bank's account.
Later, Sun Dahai said that the Hong Kong dollar would be at a discount in the future, and Zhou Haibing wanted to use some simple financial means to increase some additional income for the company.
After getting Sun Dahai's permission, Zhou Haibing used the bank credit line of one deposit and three loans to prepare to start operations.
Setting up the future Both companies are newly registered companies, so their creditworthiness in the banking system is zero.
A credit rating of zero will cause a company to encounter problems such as low credit limit, high interest rate, complicated approval procedures, and slow loan speed when applying for a loan from a bank.
However, in order to attract new customers like Establishing the Future, banks will proactively provide deposit-one-loan-three or similar preferential credit policies, so that new customers can quickly and easily obtain liquidity loans in the early stages of business when their credit is low.
Deposit one and loan three is not simply a matter of depositing one yuan and getting a loan of three yuan, but a kind of bank credit.
That is to say, within a certain period of time, the bank can grant customers a loan limit of no more than three times their total deposits, which can be applied by customers at any time.
The interest rates for these three times the loan amount are tiered. Within one time is a low-interest preferential loan, one to two times is an ordinary loan, and two to three times is a high-interest loan.
As for the loan that is more than three times the amount, sorry, it will only be granted unless the customer provides sufficient mortgage assets or is guaranteed by other qualified customers.
Otherwise, why should a bank give you a loan if you are a new company that needs credit but not credit, and needs assets but not assets? You must know that banks are not charitable institutions, and that is the bank's usual style.
According to the exchange rate of 1 US dollar to 5.8 Hong Kong dollars at the time, Zhou Haibing obtained a one-year loan of 29 million Hong Kong dollars from Deutsche Bank, the holding company's bank, which happened to be stuck in the company's deposit limit of 5 million US dollars, and was a low-interest loan.
.
Subsequently, he transferred the money to the holding company's newly opened general account at the Pangu Bank Xiangjiang Branch, converted the Hong Kong dollars into US$5 million, deposited it, and obtained another Hong Kong dollar loan of equal value.
In the same operation, the money went through the new general account opened by Future Investment Company at the Xiangjiang Branch of Chiba Bank of Japan, and finally was transferred to the account of Lan Kwai Fong Development Management Company.
When the money arrived in the account of the development company, Zhou Haibing was concurrently serving as the financial manager of the development company. He conveniently deposited US dollars and loaned out Hong Kong dollars using a deposit-and-loan method, which was regarded as his contribution to the development company.
The final result of Zhou Haibing's operation was that he had deposits of US$5 million each and HK$29 million in Deutsche Bank, Pangu Bank, Chiba Bank and Bank of East Asia (the bank where Lan Kwai Fong Development Management Company opened its account).
One-year loan.
The cost the company paid for this was the interest payable on the four Hong Kong dollar loans, remittance fees, and the price difference between the buying and selling price of the Hong Kong dollar-US dollar s
The four loans were all applied for in early August last year. After Zhou Haibing contacted Sun Dahai, all four loans had been extended for a maximum of 45 days, and they are now due to expire in a few days.
Zhou Haibing came here now to report to Sun Dahai and wait for his order to prepare for a complete end.
The current exchange rate is 1 US dollar for 9.25 Hong Kong dollars. In other words, the four banks operated by Zhou Haibing, after deducting the loan principal and interest from the deposits, the final profit reached more than 14 million Hong Kong dollars, which is really a lot of money.
.
Zhou Haibing reported the data to Sun Dahai, and Sun Dahai was also very surprised. He had not calculated it carefully. Who knew that after Zhou Haibing's operation, there would be so much profit.
Sun Dahai told Zhou Haibing that he would first transfer 32 million Hong Kong dollars from the trading team's account for turnover, and after repaying the principal and interest of the bank loan, he would exchange the US dollar deposits activated after the lifting of the ban into Hong Kong dollars to repay the loan from another bank. So.
operation, and finally transferred 32 million Hong Kong dollars back to the trading team's account.
"Convert all US dollars into Hong Kong dollars?" Zhou Haibing asked.
"Let's change it. The company's daily expenses, employee salaries, bonuses and other expenses must be paid in Hong Kong dollars. The US dollars in several trading accounts of the trading team are not included.
You will open several new accounts at the beginning of next year. Zhu Lihua has promised to join the company around the middle of next year, and the company's project investment department will be established by then.
After the current project of the trading team is completed, we will also prepare to allocate part of the funds as the principal of the project investment department."
"Okay, I understand." Zhou Haibing wrote down Sun Dahai's explanation in his notebook.
After Zhou Haibing left, Sun Dahai wanted to call Qiao Hongwei. Then he thought that today was the first day of opening in Lan Kwai Fong. Qiao Hongwei must still be watching over Lan Kwai Fong now, and he would probably stay up until early tomorrow morning.
Sun Dahai shook his head, chatted with Battelle for a while, and then went to bed.
Early the next morning, when it was still dark, Sun Dahai and Battelle went downstairs to prepare for morning exercises.
As soon as the two of them walked out of the door, Battelle said "Hey" and turned to Sun Dahai and said, "Boss, do you think this is Mr. Qiao's car?"
Sun Dahai turned around and saw a black Volvo 760 parked in the parking area on the roadside.
"It seems to be his car."
Sun Dahai couldn't see the license plate, but he knew that this 760 was a luxury business car produced by Volvo last year. Not many people in Xiangjiang bought this car. For luxury cars of this level, Xiangjiang people more recognized Mercedes-Benz and BMW.
Sun Dahai and Bater walked to the car and took a look. Sure enough, Qiao Hongwei was sleeping on the steering wheel.
Battelle knocked on the car window and woke up Qiao Hongwei.
Qiao Hongwei rubbed his sleepy eyes and when he saw it was them, he opened the car door and walked out.
"Why did you fall asleep here? Don't you know how to go upstairs?" Sun Dahai was a little confused.
"I left Lan Kwai Fong around four o'clock and wanted to come to you to report on the first day of Lan Kwai Fong's opening.
When I got here, I suddenly remembered that it was almost time for your morning exercise. So I didn't go up so as not to wake up Uncle Cao and the others. Who knew I fell asleep all of a sudden." Qiao Hongwei was a little embarrassed.
Sun Dahai looked at his watch and saw that it was not yet six o'clock. Faced with Qiao Hongwei's seriousness, he had no choice but to raise his hands and surrender.
