Mitsui Fujisaburo

You can tell from the name that he's from the Mitsui family.

The man who arrived was in his forties, wearing a suit, and his hair was neatly parted.

His beard was cleanly shaved, without that tuft of hair in the middle.

Bowing and shaking hands are normal courtesies.

After they sat down, Xing Baohua poured tea for Fujisaburo.

They chatted casually for a while, and Xing Baohua mentioned that he frequently travels to Japan and has quite a few business partners there.

There is even a factory that specializes in making precision parts.

The factory, owned by Hainan, currently specializes in supplying precision components to the electronics industry. Orders are good and profits are considerable, but they can't seem to sell them.

"Mr. Mitsui came specifically to visit me. What project do you want to collaborate on?" Xing Baohua asked tentatively.

“Mr. Xing, our parent company is the Mitsui Group. In Hong Kong, we are just a branch. Our business is very broad and highly professional, including stocks, futures, foreign exchange, and oil,” said Mitsui Fujisaburo.

Xing Baohua raised his hand to interrupt slightly and asked, "I know all of that. I have limited time, so let's get to the important points."

"Okay! Actually, there are rumors that Mr. Xing is not optimistic about the world's economic development this year and wants to sell his stocks. Many of our professional colleagues also share this view, but not now, but at the end of the year."

Upon hearing what the Japanese soldier said, Xing Baohua assumed that the other party was either a highly skilled person or a divine being who had transmigrated like him.

Xing Baohua felt relieved when the end of the year was mentioned.

What a load of rubbish! If he didn't know the answer, he would have nodded in agreement too.

Xing Baohua didn't answer, just looked at the other person, meaning to get to the point and not waste his time.

Mitsui Fujisaburo smiled awkwardly, nodded slightly, and said, "We're here to help Mr. Xing relieve some of his burden."

"How will we share the burden?" Xing Baohua immediately followed up with a question.

"We can help you distribute or find buyers to purchase your shares, so you won't be watched by anyone, it's just a matter of transaction fees..."

"The commission is no problem. How much can we distribute?" Xing Baohua was slightly pleased. He was just looking for a place to sleep when suddenly someone delivered a pillow to his head.

However, Xing Baohua also knew that the amount he had was too large. The other party might not be able to handle it all at once.

“We need a 5% commission after tax for each transaction,” Mitsui Tousaburo said.

5% after tax is indeed a lot. There are only a few taxes for Hong Kong stocks, which add up to 3.59%-3.6%.

It depends on which platform you trade on; generally, you trade through a brokerage firm or open an account at a bank.

For example, if you trade through a brokerage firm, the commission is 2.5%, the stock stamp duty is 1%, the investor compensation levy is 0.02%, the Securities and Futures Commission transaction levy is 0.05%, the Stock Exchange of Hong Kong transaction fee is 0.05%, and the Hong Kong Clearing Corporation settlement fee is 0.02%.

The 5% that Mitsui Fujisaburo mentioned refers to Xing Baohua's net profit after the transaction. For example, if the final amount of $4 billion ends up in Xing Baohua's pocket, the other party will net $200 million.

The meaning was already clear, and Xing Baohua didn't say much, but pretended to be thinking.

After all, two hundred million is not a small amount.

"I heard that you Japanese people are all using your money to speculate on real estate?" Xing Baohua asked.

"Isn't Mr. Xing also involved in this?" Mitsui Fujisaburo said with a slight smile.

Xing Baohua didn't reply. Instead, he picked up a cigarette from the table and lit it without even offering it to anyone.

This is because they want to learn how to manage a situation.

Besides, his actions with the Japanese were not kept secret from Mitsui Group and other financial institutions.

After all, large transactions need to go through banks, and this is one of the three major banks there. Many of my things are under their watchful eyes.

Moreover, Xing Baohua's operations are similar to those of many other investors. Whether it's real estate speculation or short selling, it all supports the Japanese economy. Real estate speculation requires buyers, and short selling requires sellers; both sides of the transaction are normal.

Xing Baohua's team there didn't violate any rules too much.

Mitsui only mentioned it briefly, but Xing Baohua didn't think so. Besides, he was just asking tentatively.

This guy was thinking that the Japanese had so much money from speculating on real estate that they were turning to invest in other financial products.

If Mitsui's financial company takes over the shares held by Xing Baohua, it would be equivalent to acting as a securities firm.

If Xing Baohua distributes the numerous stocks he holds, then these stocks will be transferred to Japanese stock investors, and the stock trading culture there will be no less intense than that in Hong Kong.

This was the question Xing Baohua had just probed, but the other party was cunning and didn't answer.

Xing Baohua didn't point it out.

He frowned slightly and said, "If it's a normal commission rate, there's no problem. 5% commission..."

"Mr. Xing, you just said that the commission is no problem, right? And our fees are reasonable. Most importantly, we can help you solve the problems with the task." Mitsui Fujisaburo smiled and said slowly to Xing Baohua.

It felt like they had Xing Baohua completely under their control in this deal.

"I think 3% is reasonable."

"4.8, Mr. Xing, the purchasing power of the Japanese people for financial products is very strong. With such a large volume, there are not many companies that can underwrite and distribute it."

Hearing this, Xing Baohua was secretly pleased, but his face showed a slight hesitation. He said, "I still have to meet with people from several financial companies. With a commission rate of 4.5%, I will give priority to your company under the same conditions. If other companies offer lower commission rates, I'm sorry, Mr. Mitsui, we can only cooperate next time."

Xing Baohua didn't dare to lower the commission, for fear of scaring away the pillow deliveryman.

After politely seeing Mitsui Fujisaburo and the others off, Xing Baohua smiled happily.

They already understood the other party's tactics, which were similar to what Xing Baohua had thought.

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