Chapter 2255: 10.5 Billion US Dollars

Monday, March 12.

There was no time to go out in the morning, and Xiao Qi, the daddy, had to have lunch at noon before going down the mountain to the Central District in the city center.

Originally Xiao Qi came to Hong Kong for nothing else, but Mochiyev knew that Xiao Qi was coming, and came back from the east specially to settle an account with Xiao Qi.

Citibank's headquarters in Hong Kong is in the Puton Building in Central, which occupies a full five floors. However, compared to owning a building by itself a few years ago, Citibank is already a lot more frugal.

There is no other reason. Housing prices in Hong Kong are too expensive, and the economy has been in recession for the past two years. Citibank had to move out of the original building and buy a new five-story building.

Moreover, since 10 years ago, Citibank has implemented a dual mechanism in Asia, that is, two headquarters systems.

They retained their business in Southeast Asia in Hong Kong, and moved their business in East Asia, China, Japan and South Korea to their second headquarters, the East.

Whether it is human resources or various expenses in the East, it is much cheaper than Hong Kong. Even the headquarters of Citibank in the East is as high as 20 floors, and the cost is only the same as buying a five-story building here.

But then again, the financial market in Southeast Asia is very useful to Citibank. After all, the financial market there is not perfect, and there are many opportunities to make money.

Mochiyev was originally from the Hong Kong branch, so he is no stranger to Hong Kong.

Standing downstairs to greet Xiao Qi was his beautiful secretary Santi.

It’s not that he doesn’t want to come down to pick up Xiao Qi, it’s because his goal is too big if he shows up, maybe many gossip reporters will notice Xiao Qi—in Hong Kong’s Central, gossip reporters are everywhere. It can be photographed in the small tea room in the building, not to mention Puton Building, a place where the world's top 500 companies gather.

Compared with the last time we met, Santi was a hundred times more respectful to Xiao Qi. When she accompanied Xiao Qi to the elevator, Santi peeked at the boy in front of her, and couldn't help feeling extremely regretful.

It would have been nice if he had rushed forward with all his might. If you stick it upside down, at least you can become the woman the richest man in the world has ever slept with. This is a wonderful moment worth remembering for my whole life.

But looking back now, Santi couldn't believe it at all. In just two years, Xiao Qi had changed from a fledgling young entrepreneur to the unmatched richest man in the world.

More than 500 billion U.S. dollars in assets are piled up higher than a building!

The elevator stopped at Citigroup's office floor. As soon as Xiao Qi entered, he saw Mochiyev with a smile on his face.

"Young Master Qi, my old friend, I'm so glad to see you!" Mochiyev warmly gave Xiao Qi a hug, and then solemnly invited Xiao Qi to enter his office.

From Mochiyev's luxurious office, Xiao Qi can see the beautiful Victoria Harbour. It is said that most of the high-rise buildings on the Central side have this beautiful sea view, which is one of the reasons why the office buildings here are very expensive.

"Qi Shao, you have made me suffer this time!"

Bring Xiao Qi a cup of milk tea. Mochiev said with a smile.

After thanking you, Xiao Qi picked up the milk tea, "Stop joking, Mo Qi. Shouldn't your board of directors thank you for introducing such a lucrative deal to your clients? By the way, you also earn a lot of commissions, right? "

Mochiyev laughed dumbfounded. "Making money is one thing, but we have provoked a lot of hatred! Lehman Brothers and Merrill Lynch are very dissatisfied with us."

Having said that, he didn't mean to complain and get angry at all.

What the two of them were playing here was actually talking about a business deal in April last year.

In April last year, Mochiyev, who had just been promoted to the head office of Citigroup Asia, asked Xiao Qi to purchase a batch of bond credit default swap insurance, among which Lehman Brothers was worth US$4 billion. Merrill Lynch's is 2.5 billion US dollars, Morgan Stanley and Goldman Sachs are 1.5 billion US dollars each.

For these bonds credit default swap insurance. Xiao Qi paid a total of 1.6 billion US dollars in insurance costs in 10 months.

At that time, everyone knew that these investment banks and banks were very dangerous, but Xiao Qi was the only one who lost by buying them with such a large amount of money.

Now it looks like Xiao Qi has really made a fortune!

Although Morgan Stanley and Goldman Sachs have survived the difficulties, the money Xiao Qi invested in them was wasted, but Lehman Brothers lost a full 8 billion US dollars to Xiao Qi, and Merrill Lynch, which was merged by Bank of America, He also lost 4 billion U.S. dollars to Xiao Qi.

This amount is far more rewarding than what was promised before!

With an investment of 1.6 billion U.S. dollars, a total of 12 billion U.S. dollars was obtained. Even after deducting taxes, Xiao Qi's net profit exceeded 9 billion U.S. dollars.

However, because Lehman Corporation needed to be liquidated after its collapse, the funds were not paid until the beginning of March. He received priority care, and was the first to obtain the funds from the sale of this asset.

Although Lehman Brothers is still in the period of bankruptcy protection, and although there are still regulatory agencies, everything is not a problem for Citibank. It is only a matter of time, so why not pay a little earlier? It's not their money anyway!

Compared with the down-and-out Lehman Brothers, Bank of America, which took over Merrill Lynch, is much more generous. After two months of preparation, they directly gave 2.5 billion US dollars in cash, which was also in the custody of Citibank earlier. inside the account.

It's just that Xiao Qi still has to pay taxes. Although there are elite lawyers from Mario Law Firm who help reduce and exempt various taxes, Xiao Qi only got 10.5 billion US dollars.

Ok.

The sentence "only 10.5 billion U.S. dollars was obtained" is really a bit tricky.

In fact, Li Xiaochao, the eighth richest man in Hong Kong, has a net worth of 10.6 billion US dollars. That is to say, with such an investment, Xiao Qi can become the ninth richest man in Hong Kong with interest.

In the mainland, excluding Xiao Qi's wives, assets of 10.5 billion US dollars can definitely be ranked in the top three on the bright side!

The reason for this money is now widely circulated in the world.

However, everyone is most envious of Xiao Qi's good luck.

Because as early as last year, everyone knew that Citibank forced a batch of bond credit default swap insurance to Xiao Qi. Because of the good cooperative relationship with Citibank, Xiao Qi accepted it and paid a full 1.6 billion US dollars for it. .

But who would have known that Lehman Brothers, with over $800 billion in assets under management, would fail? Who knew that Merrill Lynch, which has more than 600 billion US dollars in assets, would be merged?

At best, they feel that they will suffer difficulties!

Therefore, no one bought as much bond default swap insurance as Xiao Qi, so no one earned as much as Xiao Qi in the end.

have to say.

Xiao Qi has consciously publicized this matter since last year, and the results are quite good.

The media just envied Xiao Qi's good luck, and even the U.S. regulators had no intention of holding Xiao Qi accountable. The money was only used to pay taxes, so it belonged to Xiao Qi legally and reasonably.

The cash in hand has more than 160 billion U.S. dollars, and the meaning of money to Xiao Qi is completely meaningless, so after chatting with Mochiyev and signing the fund collection and transfer agreement, the 10.5 billion U.S. dollars will enter Xiao Qi's private account in Hong Kong Fairy Bank.

Since Xiao Qi set up Fairy Bank by himself, the money he placed in Citibank has been less.

After all, compared with the century-old Citibank, Fairy Bank needs a strong capital reserve to give the public confidence. Only in this way, people will trust you to take care of their money or use your banking services.

Compared with the supervision of the mainland banking industry, the Hong Kong banking model is inherited from the United Kingdom, and the capital control is not so strict. A lot of Xiao Qi's cash is stored in Hong Kong Fairy Bank, which is convenient for his various acquisitions and uses.

Of course, the teenager also has at least 80 billion U.S. dollars in the country's foreign exchange reserve bureau, but he has not changed it into RMB because he has enough RMB liquidity in his hand.

The three companies Xiaoyao Mall, Xiaoyao Logistics and Xiaoyao Express have already started to make profits. Compared with their investment quota, although they are not a lot, they have great development potential. It is easy to earn two or three billion a month loose.

Xiannv Real Estate has also entered a bumper harvest period. Every month when the Shangri-La community opens, a large amount of money can be withdrawn, and the Rongcheng branch also has some small profits.

The most important Fairy Company's Dream Pad, Dream Stars, Dream Snow, and some optional parts are also sold in RMB.

Therefore, there is no need for Xiao Qi to transfer the 10.5 billion US dollars to the country.

And Xiao Qi really has money now.

Among the teenager's wives, Huangfucai and Tang Mingxiang are of course the most wealthy. Both of them have more than 30 billion U.S. dollars in private property.

Most of the rest of the wives are also around 5-10 billion US dollars.

The least is of course Jia Yuwen. Here, Xiao Qi is going to buy two batches of aircraft for her Qiwen Airlines, as well as capital injection in the airport, purchase of equipment, etc., which will cost about 2 billion US dollars.

Besides, the boy is going to eat Mi Jiayan, Huo Zhuzhu and Yang Na soon.

They are already so familiar, if you don't eat them, it would be too hypocritical, and all the beauties, big and small, would be muttering and apprehensive, so the best way is to act as soon as possible.

When they become their own women, they will definitely need to buy part of their private property.

Even according to the average private property of each wife, which is almost 5 billion US dollars, after careful calculation, 10.5 billion US dollars is far from enough! (to be continued ~^~)