Rebirth of the Strongest Tycoon

Chapter 1469 The huge loss of the Rothier family

The night was terribly cold.

The mid-level villa in Taiping Mountain, the Li family's mansion, and Li Chaoren's study were filled with smoke.

Li Chaoren once said that smoking is helping others waste their lives and money, so he never smokes.

But this time, his career has encountered the biggest crisis. He can talk to outsiders. He can only hide in the study and smoke with his son to keep his mind calm.

"Dad, how much money have you raised here?"

Li Zekai looked tired and asked his father with hopeful eyes.

Li Chaoren was silent for a long time, and said slowly: "1.8 billion Hong Kong dollars!"

"Among them, 500 million was loaned in the name of Changshi Group, and the remaining 1.3 billion Hong Kong dollars was mortgaged in the name of the family fund, and the stock loan of Changshi Group was mortgaged."

For the 1.8 billion Hong Kong dollar loan, Li Chaoren had to find four banks to get the loan. He didn't want to find so many banks, but there was no way. If he wanted to make the payment as soon as possible, he could only find a Chinese bank, not a foreign bank. If you lend him money so quickly, the mortgage rate will not be very high.

The large Chinese banks in Heungkong are Jiuding Bank, Hang Seng Bank, Bank of East Asia and Bank of China Heungkong, and the others are medium-sized banks.

He started looking for Hong Kong Commercial Bank of Asia, which is considered to be in the forefront among medium-sized Chinese-funded banks. Only with strong strength can he take out one billion Hong Kong dollars of liquidity at one time.

Other medium-sized banks have almost no such strength!

What's more, he participated in short-selling betting this time, and he also found some banks. It is impossible for these banks to lend to him, which also made him a lot less choices.

Li Zekai asked again with concern: "Dad, how much equity did you take to mortgage?"

"244.81 million shares were mortgaged, 16.88% of the equity."

"There is now only 17.91 per cent of the unsecured stake held by the family fund."

After Li Chaoren finished speaking, he couldn't help sighing.

16.88% of Changshi Group's equity was loaned to 1.3 billion Hong Kong dollars.

Then even if the remaining 17.91% of the equity is taken out as a mortgage, according to the highest mortgage rate of 40%, it can only be loaned to 1.38 billion Hong Kong dollars.

Equivalent to the 34.79% stake in Changshi Group held by the Li family, the ceiling can only be mortgaged to 2.68 billion Hong Kong dollars.

And after the funds recovered by his short selling and the original working capital were all compensated, there is still a funding gap of 3.47 billion Hong Kong dollars.

It is precisely because of this that he had to take the risk, mortgaged the loan in the name of Changshi Group, and used the idea of ​​​​the company's collective funds of Changshi Group.

"Dad, what's the attitude of the Rothier family?" Li Zekai took a big puff of cigarette and said slowly after exhaling the smoke ring.

Hearing this family, Li Chaoren couldn't help but burst into blue veins, and said angrily: "Don't tell me about the Rothier family, they are desperate!"

"I called Evelyn Roshir, and he shied away from the current financial constraints and told me to wait a week."

"I went to Barclays Bank in Hong Kong, but I couldn't get a loan!"

"Hey... on the pirate ship, blame me for overestimating their strength before."

"This is the Sixth Empire that used to be, huh..."

Li Zekai shook his head and analyzed: "It seems that they have suffered more losses than us, and it is possible for them to lose ten times the amount."

"But I don't believe that they will have no money in their hands. It must be that they have to keep the funds to protect themselves. With Xia Yu's past methods, he will not chase after the victory."

"At the beginning of his rise, he was good at using the advantages of public opinion to attack the enemy, and the Rothier family must be very clear."

With Xia Yu's past and his huge media empire appearing in his mind, Li Chaoren was speechless.

"I hope he didn't find out that we were involved..." Li Chaoren said quietly, but his tone didn't sound so powerful.

"Definitely won't find out!" Li Zekai said heavily, not sure if he really thought that or if he was just comforting himself.

After the voice fell,

There was a two-minute silence in the study.

It wasn't until later, after Li Chaoren extinguished a cigarette, that he said: "You first stabilize those banks and institutions, the contracts have been signed, and the repayment will be made to them in batches in the past two days, so don't make them suspicious. "

"I will find a solution for the funding issue."

Even though his securities company has suffered serious losses, there are still funds. He needs to clear some funds temporarily, recover some funds for misappropriation, and fill in the holes later.

"Okay dad..."

...

Let's talk about the Rohir family in Europe, which is also full of gloom.

Evelyn Rothier, Leobold Rothier, David Rothier, Lister Rothier, Elro Rothier, Harry Rothier, Sidney Rothier Er and other leaders of various European lines have all rushed to the family manor in the United Kingdom.

The meeting was chaired by the head of the family, Jacob Rothier.

"Brothers, first of all, I want to apologize to everyone. I screwed up. This time the family encounters a crisis, and I will take the main responsibility."

Evelyn Rothier was very single, and stood up and apologized to everyone.

"Evelyn, sit down first. I agree with this plan. You don't need to take the responsibility on yourself."

"To call everyone for a meeting today is not to blame you, but to get through this crisis properly." As the head of the family, Jacob Rothier directly emphasized the theme of this meeting and did not want to waste unnecessary time.

Glancing at Jacob Rosier, Evelyn Rosier lowered his head slightly and sat back in his seat.

"Evelyn, it's up to you to explain the situation to everyone and let everyone understand the situation." Jacob Rothier immediately ordered after he took his seat.

"Okay, let me tell you about the situation."

"There are two stages in attacking Hong Kong, namely shorting Hong Kong stocks and attacking Hong Kong dollar foreign exchange. The second stage happened because we failed in the first stage and had to attack Hong Kong stocks again to try to turn around."

"During the whole process of shorting Hong Kong stocks, our family signed a total of 61.18 billion Hong Kong dollars of stock gambling agreements. The 61.18 billion Hong Kong dollars of stocks were sold at different stages, and 58.65 billion Hong Kong dollars were recovered."

"But after our failure, Hong Kong stocks were manipulated by bulls, so that we could not acquire stocks at all, and could only compensate for the default at 1.2 times the real-time stock price."

"All the compensations add up to 107.54 billion Hong Kong dollars."

"Together with the consumption throughout the implementation of the plan, our total loss in the end is..."

Speaking of this, Evelyn Luo Hilton took a moment and found that everyone was looking at him before he said sadly: "52.53284 billion Hong Kong dollars, equivalent to 8.611194 billion US dollars..."

Hearing this series of numbers, everyone was silent for a long time.

This loss is really too high!

Of course, not all of this money went into the bulls' pockets, but most of them must. As for how the bulls are divided, they are not interested.

They only know that the loss of 8.61194 billion US dollars means that the family is really in crisis.

Taking out so much money at once, even if the family made more than ten billion dollars in shorting international crude oil futures before, the pressure is huge.

After all, although they had made more than ten billion dollars before, they were not stupid enough to hold it in their hands. They had already invested it. How could they be able to get it back in a few days?

And the compensation of 8.61194 billion US dollars, but it will be paid off in two days.

"This loss is too big..."

David Rosier of France said with a sigh.

"It really exceeded our expectations. It has not been such a serious loss for a long time." Harry Rosier of Switzerland could not help complaining.

Evelyn Rothier could only apologize one after another.

Jacob Rosier knocked on the table, interrupting everyone's emotional catharsis: "Okay, there are only so many losses, and now we call a meeting for two purposes."

"The first one, raise funds together to plug this hole."

"Second, take defensive measures, our enemy will definitely fight back, and it will definitely not be long!"

"We don't have much time left..."

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