Chapter 884 Fundraising
Kirilenko returned to Moscow, Feng Yu stayed in New York and began to raise funds.
Some less important stocks can be thrown away, and the stocks of Internet technology companies such as Microsoft and Yahoo are used as collateral for loans.
Although the funds obtained in this way will be less, but the Asian financial turmoil will last for more than a year, and even if the stocks of these Internet technology companies cannot double in one year, the difference will not be too much.
In this way, Feng Yu's profit can be maximized.
Moreover, once he sells a large amount of Microsoft's stock, it will inevitably cause violent fluctuations in Microsoft's stock price, so Feng Yu is likely to be kicked out of Microsoft's board of directors.
Although Feng Yu does not have much say in Microsoft, Lianxiang Yinshan Software Company is still in the development stage, and there is still a lot of gap with Microsoft. Even many emerging software companies in China can compete with Lianxiang Yinshan in some applications. The mountain challenged.
Feng Yu needs the status of director of Microsoft to protect Lianxiang Yinshan Software Company and China's software market. He doesn't want to end up like in his previous life, where the most profitable software was invented abroad.
And Yahu can't be thrown away. The stock price of Yahu will soar this year, and it will definitely lose a lot if it is sold.
This time Feng Yu didn't stare at a bank, one is a bank, it may not lend him so much, and the other one, Feng Yu also wants to distract.
Perhaps one of the shareholders of these banks is a friend of Soros. Feng Yu didn't want Soros to know how much money he had.
The more vague it is, the more fearful Soros will be, and the more likely Feng Yu will win.
In the afternoon of the first day, Feng Yu raised one billion US dollars, and in the next few days, Feng Yu kept in touch with the executives of various banks in New York, with the same purpose of using stocks as collateral for loans. For a week in a row, Feng Yu mortgaged all the stocks that could be mortgaged, and the funds were transferred to UBS's account, which could be transferred to the Asian market at any time.
...
"The boss, the Huaxia man, is raising funds. According to our inquiries, it seems that he has used all the Microsoft stocks he holds as mortgage loans."
Soros put down the wine glass in his hand: "So he raised almost five billion dollars?"
"It seems that there is not so much, it should be less than four billion US dollars. He has mortgaged some stocks before, and some of the funds have been invested in the stock market, and some have been transferred back to China. It should be that he needs capital turnover in China."
Soros nodded, four billion dollars, this Feng Yu is more courageous than he imagined. Soros's assets are only about 6 billion US dollars. Of course, the funds he can use are definitely more than that.
But it is also enough to prove that the speculation about Mr. Feng's net worth in the newspapers is absolutely not exaggerated. This one is really a super rich man.
But there are only 4 billion US dollars, even in other countries, let him make a lot of money first, double it for him, 8 billion US dollars, then it will not be able to stop them from aggressing.
It just so happened that he didn't want such a young financial expert to appear, which would seriously affect his status. It's such a fun thing to hit this so-called genius rich man casually.
"Okay, I got it, you get ready, take people to Chiang Mai first, our plan will start in March at the latest."
After his subordinates left, Soros drank the wine in his glass. Soros is a greedy person with a strong desire to control. The big consortiums he contacted followed his advice, or orders.
And this Feng Yu, and that Russian Kirilenko, seem not to want to be obedient. That being the case, after we cooperate, don't blame me for cheating on you by the way!
...
"Uncle, Feng Yu has started raising funds, shall we also prepare?" Fu Guangzheng asked.
Fu Rongqi waved his hand: "Before Xiangjiang returns, I guess those international financial speculators will not target Xiangjiang, let alone Hong Kong dollars. There is no need to be so anxious about raising funds, and it can be completed before July 1."
"Uncle,
Feng Yu said that before July 1st, Soros and the others will start to make plans, and perhaps start planning in March or April. The first target is Thailand. We are late in raising funds, the first piece of the pie, won't we lose it? " Fu Guangzheng said anxiously.
"Guangzheng, I know that you want to make this money, but you have to remember that the amount of funds we invested this time accounted for more than 70% of the entire assets of our Fu family. If we fail, it will be a serious blow to the Fu family! Yes, we still have industries, supermarkets, real estate, and trading companies. But how much money can those companies make? If we don’t have such sufficient funds, will our supermarkets be able to crowd out other retailers? Our Trading company, can the channel be developed so well? Can our real estate company get so much land?"
Fu Rongqi is the helm of the Fu family. Although Fu Rongqi's funds are mainly used this time, the other three brothers, including Fu Guangzheng and his juniors, have invested money in and said they want to participate once.
They were looking at the stocks that Feng Yu attacked the island company last time, and they made a lot of money. This time, they want to make another quick money. But Fu Rongqi is more cautious. This time it is international hot money, and Soros, the most famous hedge fund manager on Wall Street and even the world, is trading. Fu Rongqi has been working in finance for a long time, and he is still at home. , but there is no certainty of victory.
The juniors just need to be aggressive, because those juniors, once they lose everything, they will still be able to cover it. But Fu Rongqi can't be too impulsive. Once he loses all his investment this time, it will not only be a loss of funds, but also affect the status of the entire Fu family, in Xiangjiang, and even in Southeast Asia.
A family with tens of billions of Hong Kong dollars is completely different from a family with tens of billions of Hong Kong dollars. Although in the eyes of many people, they are all untouchable super rich families, but their influence is far behind.
"But uncle, we are not fighting alone. We also have Li Chaoren and his family, Feng Yu, and that Russian billionaire Kirilenko, as well as the participation of so many rich people in Xiangjiang. We can't lose!"
Xiangjiang is one of the areas with the highest concentration of rich people in the world. Fu Guangzheng believes that they will win.
Fu Rongqi shook his head: "Do you know why those international speculators use hedge funds? Hedge funds will obviously affect profits, just to reduce risks. They are so cautious, how dare we be bold? Go ahead, follow our normal plan, Raise funds slowly, and by July 1st, it will be enough to be ready."
Fu Guangzheng wanted to say something else, but when he saw his uncle waving his hand, he had no choice but to leave. Although he has a lot of dissatisfaction in his heart, he understands that he is far behind his uncle in terms of financial experience and ability.
But the uncle probably doesn’t know yet. His shares in various companies in the mainland have been mortgaged to foreign banks, and the US dollars obtained from the loan have all entered his account in Fengyu Consulting. The uncle wants to be safe, but on his side... Then seek profit maximization!