v3 Chapter 1025： Want to pledge 0 billion assets? (2/2)

He really wanted to bid with Jiuding Securities Company again. With the attitude that Yuan Tianfan showed just now, he didn't have a trace of confidence in his heart, only endless pressure.

So no matter what, what you say today must make Shen Bi completely fall to him.

”Michael, at the price I just offered, as of the close of the market this afternoon, all the shares are at a premium of 200%. The shares are sold to me. I have kept the Swire Group. The relationship with HSBC will always exist and will It is getting better and better. After ten, twenty, and thirty years, HSBC can make huge profits.”

”If you sell your equity to Jiuding Securities, according to the Chinese, you will sell the hens that will lay golden eggs. Jiuding Bank will grow stronger. If you lose the business volume of Swire Group, HSBC will suffer. Estimated loss.”

Shen Bi was silent for a moment, and suddenly asked, ”Norman, at the price you just offered, it is a premium of 200%, paid in full in cash, can you do it?”

Norman Shiyahuai was speechless.

Seeing Norman Shi Yahuai’s expression, Shen Bi smiled clearly. He knew that Norman Shi Yahuai would definitely not be able to get it out. Just bite the bullet and bid with Yuan Tianfan. If it weren’t for him, even if he stopped, Norman ·Shi Yahuai don't even think of stepping down.

Seeing Shen Bi’s smile, Norman Shiyahuai was very embarrassed, but he still cheated and quibbleed: ”Michael, although I can't take out the cash, I can use the assets to mortgage the loan to HSBC for replacement.”

”In this case, Swire Group will be completely tied to HSBC's chariot, and the volume of business between us will also skyrocket. HSBC will earn more interest from it every year.”

Shen Bi smiled unchallengedly, and did not say disagree, but said with a light smile: ”Norman, with the value of the equity of the Swire group of companies currently held by HSBC, if you want to take out At least tens of billions worth of equity must be pledged for equity mortgage loans of other companies. Are you sure you can get so much?”

Norman Shi Yahuai's expression suddenly froze, and after a while his face twitched.

He had to admit that what Shen Bi said was correct, but because of this, he didn't know what to do for a while.

It is conservatively estimated that the equity of a series of companies in the Swire Group held by HSBC is worth 1.5 billion Hong Kong dollars. Then the premium is 200%, which is 4.5 billion Hong Kong dollars.

However, ordinary people and ordinary companies can't do it with stock pledged loans~ banks are reluctant to lend such loans, after all, the risk is too high.

Even if you are willing to lend, the general loan limit is 30-40%. If you want to borrow 4.5 billion Hong Kong dollars, you really need tens of billions of company stocks to pledge.

Even if he talked about the 50% capped pledge rate, he would have to pledge 9 billion Hong Kong dollars worth of company stocks.

If you zoom in to the entire Taikoo consortium, you can still get it, but it's about to reach its limit.

But this is difficult to operate, because the assets of the loan belong to the various groups and companies of the Swire Group. The money from the loan to repurchase the equity belongs to all shareholders and must be amortized according to the shareholding ratio. It does not belong to the parent company or the Shi Yahuai family fund. , He is making wedding dresses for others.

The only thing that can achieve his goal is to mortgage the assets held by the Shi Yahuai family, and the stocks bought by the loan belong to the Shi Yahuai family, so that the Shi Yahuai family can strengthen the control of the entire Swire consortium.

However, the stocks held by Shi Yahuai's family fund and the assets owned by Shi Yahuai's family, plus those in the United Kingdom, are less than 10 billion Hong Kong dollars. Some of these assets have already been mortgaged.

So what he just said can't be operated at all.

What's more, even if all the assets are emptied and the shares held by HSBC are taken, it is not enough to keep all the companies, and he has no funds, he will lose!

Thinking of this, he had to give up this mortgage strategy.

Stocks can be mortgaged, but they cannot be mortgaged so simply.

The company wants to keep it, but based on the current situation, the cost required is too high, and its own strength is limited, so it can only make choices. It is important to keep the core part.

Survival is the most important thing!

Thinking of this, Norman Shiya was heartbroken and proposed a new plan to Shen Bi.