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Chapter 164: Shield

After some detailed discussion, Wang Jin understood what happened...

It turns out that "Yi Shanyuan" is Li Jingchu's si people's property, and it has little to do with the family. If it is in normal times, with the official connections left by Li Hanzhang and Li Hongzhang, there is no need for some minor troubles to come forward. Any shopkeeper under his command will also give him some thin face.

However, the most difficult thing in the world is not the development of personal connections in the officialdom, but the conflict of interest involving financial transactions. This time, Master Li was unfortunately involved. The Li family’s support for him was limited to personal connections and small amounts of capital investment. After all, the Li family is a big family and has to support hundreds of people. Now the pillar of the family is no longer there, and the investment fees in the officialdom are quite large. It is impossible to focus on Li Jingchu alone.

This time, the large investment of "Yishanyuan" in Shanghai's stock market crash was wasted. Like the "Yuanfengrun" ticket number, their own funds were insufficient, and they used large deposits from depositors. Now all the funds invested in the stock market have been wasted, and depositors are crazily running the ticket number business outlets in all directions. The funds he had dried up and couldn't hold on.

He also borrowed a lot of money from his family and familiar people, but unfortunately he was not very useful. Originally, due to their family's connections in the officialdom, and he once served as the first prime minister of Jiāotong Bank, and also helped Yuan Shikai's close confidant Liang Shiyi, it was easy to borrow a large amount of money from Jiāotong Bank to alleviate the current problems.

Unfortunately, there are unexpected situations in the world. This sentence is really too applicable in the officialdom...

It was also considered his unlucky. At this time, Sheng Xuanhuai replaced Liang Shiyi as the Minister of Posts and Communications. As Li Hongzhang's absolute financial confidant, he was very unlucky with Yuan Shikai to seize the power of the Beiyang system. Therefore, he opposed Old Yuan everywhere. In order to suppress Yuan Shikai's power, his confidant Liang Shiyi's power in the Posts and Communications Department naturally became the best target of attack.

Just at this moment, Li Jingchu borrowed more than 2.87 million taels from Jiāłokun Bank to help Yishanyuan overcome the crisis. However, when he heard that Sheng Xuanhuai was going to investigate Jiāłokun Bank's account, he was shocked and quickly returned all the loans from Jiāłokun Bank, so he did not let Sheng Xuanhuai catch any of the robbers. He had a deep understanding of the cruelty in the officialdom, but he didn't want to get caught between the two big men for no reason and touched this bad head. Now it is different from the past.

However, in this way, the funding gap of the Shanghai General Account of "Yishanyuan" was infinitely amplified, and the total account was only 7,000 taels of cash. He was also in a hurry to seek medical treatment, and regardless of whether he was face or not, he would first save his own industry. Therefore, "Yishanyuan", whose life was hanging on the line, tried to borrow 100,000 taels of silver from Shanghai Road with the stocks of major Shanghai companies they held. Unfortunately, he was rejected by the new Taoist Liu Yanji, who was reluctant to give him face.

The tea is cold when people leave, and the world is cold. This is the most true thought in his heart at this moment!

There is no way, if there is no funding for "Yi Shanyuan" to supplement it, only the Mén closure can be done, which is a result that Li Jingchu could never accept. That is why he took huge risks to find Wang Jin and Pacific Investment Bank, hoping to borrow a large amount of funds to save his own industry.

Wang Jinchen had a moment and discussed with the bank general manager Wang Qingyuan for a while. While Mr. Li was waiting anxiously, he finally agreed to Pacific Investment Bank to secretly borrow one million oceans to the "Yishanyuan" ticket number on the verge of bankruptcy. The two parties secretly signed an agreement and did not make it public. Mr. Li used the company's factory shares at hand as collateral.

Li Jingchu returned with satisfaction. With this million ocean of funds injected, although the "Yishanyuan" ticket cannot be allowed to overcome this difficulty intact, it can finally alleviate the huge amount of funds. "Yishanyuan" does not necessarily go bankrupt. For him, this is the best result!

"Haha, congratulations to the boss for making another big deal!" Wang Qingyuan said to Wang Jin with a smile in the office of the general manager of Pacific Investment Bank. To be honest, he admired Wang Jin's business speculation very much. Taking advantage of this stock market crash, this guy's assets rolled upward, which made him feel deeply moved.

"Haha, we are happy together..." Wang Jin smiled slightly, of course he understood what Wang Qingyuan meant. He was very proud of himself. With the company stocks pledged by Mr. Li, it can be said that he had controlled half of the Shanghai Chinese factory, which is an extremely shocking number. If the news spreads, I still don't know how strong the wind will cause in Shanghai?

"Boss, such a good opportunity, why don't you take the opportunity to invest in 'Yi Shanyuan'?" Wang Qingyuan asked curiously.

"You guy, pretend to be confused with your understanding!" Wang Jin pointed at Wang Qingyuan and cursed, shook his head and explained: "Using this stock market crash, we have controlled most of the money shops in Shanghai. Even the influential "Yuanfengrun" ticket account was taken down by us. Let's not talk about whether we can take down "Yishanyuan". The banking business at hand is already jealous enough. If we take down "Yishanyuan" again, it is almost no exaggeration to say that the entire money shop business in Shanghai has been unified. Do you think the government will agree to such a situation?"

Wang Qingyuan shook his head, looking regretful...

"Hehe, even if the government agrees, those foreign banks will not agree!" Wang Jin curled his lips and sneered repeatedly.

Wang Qingyuan immediately understood when he was shocked, his face turned pale and silent. He understood that as the main force in financial exploitation and control of China, those foreign banks have extremely special status and energy in China, and they will never allow China to show financial forces that can compete with them.

"With a person like Li Jingchu and Master Li blocking us in front, we can also get a lot of trouble." Wang Jin smiled slightly: "We have been so popular recently, which has attracted a lot of unnecessary trouble. It is time to hide our strength and take a short rest. If someone can help us block the eyes of the outside world, this is a very good thing. What do you think?"

"Haha, I think so too!" Wang Qingyuan laughed and raised his thumb.

Wang Jin did not know his strategy of "hiding his strength and maintaining a low-key" and inadvertently saved the vitality of Qingmoqi national capital. All parts of the country have personal interests with the "Yishanyuan" and "Yuanfengrun" pie. The factories and enterprises closely related to it were not hit by the destruction. With the support of the two pie funds, they developed slowly and difficultly...
Chapter completed!
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