The rise of nanometers

Chapter 359 Packing

After completing negotiations with Kazakhstan and Lucianeft, the Energy Alliance calmed down again and paid no attention to other crude oil producers.

at the same time.

Shanghai, Goldman Sachs China Branch.

President Rogers and investment manager Jiang Hua received instructions from the parent company and prepared to sell some assets to alleviate the parent company's huge losses in the futures market.

At present, Goldman Sachs has accumulated losses of 113.4 billion yuan in the futures market. Such huge losses have caused many customers to basically consume all the funds held by Goldman Sachs. Many customers have begun to ask Goldman Sachs to compensate or return their investment funds.

Now Lloyd and others have to cut themselves off to save themselves.

If the debt cannot be repaid, the consequence will be forced bankruptcy and liquidation of the property, and then the huge assets will be auctioned off.

Obviously, bankruptcy liquidation is the most unfavorable option for Goldman Sachs, and it is also an unacceptable result for Lloyds.

But at this time, who can spend such a huge amount of money to acquire the assets held by Goldman Sachs?

Rogers looked around and found that the only suitable buyer turned out to be their mortal enemy "Huang International".

In the competition between crude oil futures and natural gas futures, although a large part of the funds operated by Huang International are liquidated damages obtained from two barrels of oil, its own funds should not be underestimated.

According to subsequent statistics, Huang International's own short-selling profits, plus the dividends from shorting two barrels of oil, and the dividends from short-selling by other customers, made a total profit of 17.5 billion yuan.

Currently, among the funds held by Huang's International, its own funds are as high as 28.4 billion yuan, and customer funds are 46.7 billion yuan.

Coupled with the cash flow held by Suiren itself, this is one of the best cash flows in the world, and it is also the best target for selling assets.

It's just that Rogers is very entangled. From a personal emotional point of view, he is not inclined to Huang's International. After all, Goldman Sachs's huge losses are the work of Huang's International.

If Huang International had not set up a trap and caught Goldman Sachs' long orders in crude oil futures unprepared, their company would have been able to reduce the losses in just ten minutes, and even gain huge profits through reverse operations.

Unfortunately, Huang International's short-selling offensive was too fierce and did not give Goldman Sachs time to react. It directly penetrated Goldman Sachs' bottom line of leverage, and Goldman Sachs was instantly liquidated.

"President Rogers, don't act out of emotion." Jiang Hua reminded at the side.

Rogers, who clenched his fists, finally had to swallow his breath. The price may be higher if sold to Huang's International. If sold to other companies, the price will definitely not be higher.

Moreover, the funds that Goldman Sachs needs now can be obtained in a short time, rather than being delayed. Debt default is already approaching Goldman Sachs. If it doesn't think of a way, it will really go bankrupt.

Rogers took a deep breath and forced himself to calm down: "I understand."

Huang International has a branch in Shanghai, and soon the Shanghai branch notified the Shanmei headquarters that Goldman Sachs intended to sell some assets and hoped to talk to the head office.

February 11th.

Wang Lingxin, President of Huang International, and Li Ce, Vice President, arrived at Goldman Sachs' building in Shanghai.

In fact, 80% of Goldman Sachs' employees in Greater China are Chinese. These people actually have mixed feelings about the arrival of Huang International.

Huang's International, backed by the Suiren Group, can always take advantage of the Suiren Group's technological innovation outlets to accurately target financial investment opportunities and maximize profits.

In the past two years, Goldman Sachs has often suffered defeat at the hands of Huang International. For example, in the acquisition battle of Huangming Solar, and last year in the mobile phone and storage market, Goldman Sachs was beaten back and forth by Huang International.

This allowed Goldman Sachs, which had never paid attention to the development of specific technologies, to see for the first time that finance led by technology companies could suppress traditional financial companies.

In fact, it is also one of the innate advantages of Huangshi International.

Other traditional financial companies look for investment and speculation opportunities; Huang's International creates its own opportunities.

For example, if Suiren launches Glass Dragon 4 memory, this news is definitely bad news for Samsung, Hynix, Toshiba, and Intel. Huang's International can prepare in advance and short the stocks of these companies if they are caught off guard.

Others have no idea that the Suiren system will launch the Lilong 4 storage device. This kind of foresight and information advantage is definitely a weapon.

This is also the reason why Huang International has grown rapidly in a few years, because it has a core that is different from traditional financial companies.

In the conference room.

After the two parties took their seats, Wang Lingxin looked through an asset list provided by Goldman Sachs, and she saw many familiar names.

For example, ICBC, China Mobile, Neptune Star, Shuanghui, Yurun, Western Mining, PetroChina, Ping An, Taikang Life Insurance, SMIC, Focus Media, Wuxi Suntech, Geely Automobile, NVC Lighting, Changsheng Real Estate, Red Lion Holdings, Kouzijiu, Xi Delong International, 21st Century Real Estate, Prince Milk, Mingtuo Group, China Vision Media, Dingcheng Media, Yangfan Group, Rongsheng Heavy Industry, and Yingmao Sugar.

In addition to Gao Hua Goldman Sachs, which is controlled by Domestic Curve, they have taken out all other assets that can be taken out.

This shows how disastrous Goldman Sachs' losses have been this time.

Wang Lingxin stopped browsing, raised her head and asked: "10% of ICBC Hong Kong shares? 12 billion yuan? Does President Rogers think I am a fool?"

"No, President Wang, I think this price is very reasonable. The current share price of ICBC is HK$5.6 and will continue to appreciate in the future." Rogers argued.

Wang Lingxin, who sneered, stared at the other party like an idiot: "Since you are so optimistic about it, then keep it!"

"Uh..." Rogers was immediately speechless.

Jiang Hua on the side came out to smooth things over: "Mr. Wang, we are in business and the price can be negotiated."

Wang Lingxin waved her hand: "Okay, I don't have time to waste time with you here. All assets are packaged at a price of 12 billion yuan."

"Impossible!" Rogers almost slammed the table.

You must know that ICBC's shares alone are worth tens of billions of dollars. Adding the stocks or controlling interests of other companies, Goldman Sachs' investment assets in China are worth 24 to 27 billion dollars.

Wang Lingxin looked nonchalant about this: "Then you go find someone who is willing to pay a high price! Anyway, my price is 12 billion. It's up to you whether to sell it or not."

"..." Rogers was too frustrated.

There are not many companies that can provide tens of billions of dollars in cash in a short period of time. Maybe those big banks can.

The problem is that the recent debt crisis of the Xizhou Alliance, coupled with the financial crisis caused by the crude oil crisis, has begun to erupt, and many banks are afraid to withdraw funds casually.

Companies in other industries may be able to get a higher selling price if they negotiate one by one. The problem is that Goldman Sachs is in urgent need of money now.

"If you are willing to sell the shares of Gaohua Goldman Sachs and transfer the debt to Huang International, I can increase it to 12.5 billion."

Faced with Wang Lingxin's attitude, Rogers could only choose to take a break at halftime. In fact, he planned to report to the head office.

On the other side of the ocean, Lloyd, after listening to Rogers' report, looked at the asset sales in the past few days. At present, they have determined that the funds are approximately 57.2 billion yuan.

It was basically a cheap sale, but Lloyd could only accept this helpless reality.

In the end, he agreed to the package sale plan, but Gao Hua and Goldman Sachs were retained. Obviously, they did not give up on the Chinese market.

Thank you for your support (ω`)

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