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Chapter 86 Jiang Lai, have ulterior motives!(1/2)

 "There is no news from other securities companies yet." Zhang Wei replied.

"How many securities companies have you contacted before?" Jiang Chen asked.

"Contacted Huaxing in Shanghai, Fengsheng in Shenzhen..." Zhang Wei mentioned the names of four or five securities companies.

"Did Hua Xing reveal any other information on the phone?" Jiang Chen felt that Fengsheng was a bit familiar, as if he had seen it in some TV series.

Zhang Wei shook her head: "No, they said it's best to talk to Mr. Jiang face to face."

"Okay, Secretary Zhang, help me make an appointment with people from Huaxing. I want to meet them this afternoon." Jiang Chen thought for a while and said.

"OK."

After Zhang Wei left, Jiang Chen took out last year's financial statements of Xingchen Investment and looked at them.

The rate of return of Xingchen Investment last year was very high.

But that's all.

All its major companies are unable to make ends meet, and the situation is not much better this year.

Therefore, it is urgent to use bond issuance to raise funds.

This is also a way of money management.



In the afternoon, Jiang Chen took Zhang Wei to Huaxing Securities.

Huaxing Securities is a Fortune 500 company and a Sino-foreign joint venture.

Many accounts of Xingchen Investment are opened with Huaxing Securities, which is probably why Huaxing Securities called to inquire about the issuance of bonds.

"Mr. Jiang."

A middle-aged man came forward.

"Mr. Jiang, this is Mr. Sheng of Huaxing Securities." Zhang Wei introduced.

"Mr. Sheng, hello."

Jiang Chen stepped forward and shook hands with Mr. Sheng affectionately.

"Mr. Jiang, I finally see you."

Mr. Sheng's attitude was very enthusiastic.

Xingchen Investment is now a major client of China Star. Last year, Xingchen Investment’s commission accounted for 8% of China Star’s. This is why China Star responded immediately after receiving the letter of intent from Xingchen Investment to issue bonds.

This is also the reason why Jiang Chen came to Huaxing now. As the vice president of Huaxing and the top person in charge of Huaxing Securities, he personally went out to welcome him.

But Mr. Sheng didn't expect that Jiang Chen would be so young.

Even though he had read Jiang Chen's information, the moment he saw Jiang Chen in person, he felt unbelievable.

Jiang Chen is too young.

"Mr. Jiang, let's talk in the conference room first," said Mr. Sheng.

"No problem." Jiang Chen nodded.

Not long after Jiang Chen and the others entered the elevator, a girl came to the front desk of Huaxing Securities.

"Hello, I'm Guan Ju'er, and I'm here to report."



On the other side, under the leadership of Mr. Huaxing Sheng, everyone came to a conference room.

"Mr. Sheng."

After the pleasantries, Jiang Chen asked: "I wonder what Huaxing's opinions are on our company's issuance of bonds?"

"Mr. Jiang, although Xingchen Investment is an investment company, it may be difficult to issue bonds because it is not listed on the market." Mr. Sheng hesitated and said: "Relatively speaking, I think the current Xingchen Investment is based on investment.

Raising funds through forms is also a way. We at Huaxing..."

"Mr. Sheng."

Jiang Chen interrupted him: "I can clearly state here that our Xingchen Investment does not accept any form of investment."

"Mr. Jiang, in this case, the difficulty is not ordinary. After all, although Xingchen Investment has achieved high achievements in the financial market, there are many crises in the financial market, and no one can guarantee that it can achieve high returns. Without listing,

Under such circumstances, if you want to issue bonds, I’m afraid not many people will pay for it,” Mr. Sheng replied.

"So, Mr. Sheng thinks it is unlikely that Xingchen Investment can issue bonds?" Jiang Chen frowned, the matter was more troublesome than he thought.

"I have investigated the companies under Xingchen Investment, but except for Wonderful Decoration Company, it is impossible for other companies to make profits in a short period of time. In other words, if Xingchen Investment has problems in the financial market, the bonds issued will repay the debt.

They are all problems.”

Mr. Sheng organized his speech and said: "If Xingchen Investment Portfolio listed its companies, there would be no problem in issuing bonds, but now..."

"Based on the current situation of Xingchen Investment, if bonds are issued now, how many do you think Mr. Sheng can issue?" Jiang Chen asked.

"This number." Mr. Sheng stroked a number.

"Too little." Jiang Chen was a little disappointed.

"Mr. Jiang, this is our Huaxing's greatest effort." Mr. Sheng did not lie to Jiang Chen in this regard. After all, customers like Xingchen Investment must be in their hands at all times. If possible

, they will also provide the best service.

"Then let's discuss this matter later." Jiang Chen did not continue the topic.

According to the current situation, it is impossible to issue bonds.

Therefore, the only way to get funds is through a mortgage loan.

Fortunately, he has quite a few companies in his hands. Apart from the last billion dollar mortgage loan, the company has never had any mortgage loans.

After looking at Mr. Sheng, Jiang Chen said, "Mr. Sheng, if I want to get a mortgage from Huaxing, do you think it's feasible?"

"What mortgage is Mr. Jiang planning to take?" Mr. Sheng asked.

"Hermès shares." Jiang Chen said.

"Hermès shares?"

Mr. Sheng was stunned: "Does Mr. Jiang have shares in Hermès?"

"Yes, I own Hermès 18%." Jiang Chen said.

"How much?" Mr. Sheng looked at Jiang Chen in shock.

"Eighteen percent." Jiang Chen replied.

It is now February 2015, and the market value of Hermès is about 20 billion euros. Even so, the Hermès Group is still one of the fastest growing luxury goods companies in the world.

Jiang Chen's 18% stake now amounts to about 3.6 billion euros.

Converted to RMB, that’s about more than 20 billion.

It can be said that this is the company with the largest market value among the industries under Star Investment.

"This is too..."

Mr. Sheng really doesn’t know what to say.

Just now he said that Xingchen Investment has no income, and now Hermès alone can surpass Huaxing.

He felt that he had really underestimated Jiang Chen and Xingchen Investment.

"Mr. Sheng?" Jiang Chen asked.

"Mr. Jiang, I think if you want a mortgage loan, you should go to a bank. After all, even if we at Huaxing can get a mortgage loan, we can't get too much funds." Mr. Sheng thought for a while and said.

Because he understands that even if he takes out the mortgage loan from Xingchen Investment, it is impossible for Xingchen Investment to be satisfied. And when the time comes to turn against Jiang Chen, the consequences will not be something he can bear.

What's more, Jiang Chen runs an investment company and is better at capital operations than he is.

"Thank you, Mr. Sheng, for your suggestion."

Jiang Chen nodded, then stood up and said, "Mr. Sheng, it's getting late. It's time for me to say goodbye."

"Mr. Jiang, are you free tonight? I would like to treat you to dinner," said Mr. Sheng.

"I'm afraid it won't work tonight." Jiang Chen thought for a while. As Mr. Sheng, it would be beneficial to make friends with him. He immediately said: "Mr. Sheng, how about we exchange contact information, and I will invite Mr. Sheng another day."

"No problem." Mr. Sheng nodded and exchanged WeChat messages with Jiang Chen.

A quarter of an hour later, Mr. Sheng sent Jiang Chen out of Huaxing.



Star Investment.

"Secretary Zhang, please contact the bank next to prepare a mortgage loan."

After returning to the company, Jiang Chen said to Zhang Wei: "The mortgage will be the equity of Hermès, but this matter must be kept confidential."

"Mr. Jiang, how much are you prepared to mortgage?" Zhang Wei asked.

"What do you think is the maximum mortgage based on the current market value of Hermès?" Jiang Chen doesn't know much about bank loans. He used Jingyan Group for mortgage loans before. Most of the procedures were handled by Nie Xingchen, and he didn't know much about the connections inside.
To be continued...
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