Lin Chen never intended to give Samsung a single penny of that 10 billion.
Anyway, Samsung doesn't lack that, right? Cough cough.
After hanging up with Li Chongming, Lin Chen sent a message to Ikeda Iwato.
"Done!"
Iwato Ikeda was very excited, and he dialed the number of Lee Dae-soon, the president of Samsung Bank, again.
"President Li, I am Ikeda Iwato..."
Before he could finish speaking, Li Dashun interrupted him.
"Alright, I understand. My patriarch has already told me, and I will cooperate with your bank's actions."
"Thank you very much."
Li Dashun stared at the phone that had been hung up, and felt a sudden toothache.
Is this person genuinely stupid or just pretending, or is he simply not showing any remorse?
If the head of the Li family hadn't called him, he wouldn't have wanted to talk to this person at all. But he figured the head of the family must have reached an agreement with their bank before making the decision.
Unfortunately, if this person had offered him benefits directly, he could have easily spoken to them and made a personal profit. Sigh, this guy's brain must be fried.
However, since the head of the family had given the order personally, he dared not slack off.
A month later, Xiao Rizi Postal Savings Bank successfully advanced, becoming the third Xiao Rizi Bank to achieve this upgrade.
The entire banking industry was shaken.
The reason is simply that these three companies all succeeded in advancing after partnering with Huasuan Wealth Management.
Is this investment strategy really that amazing? A 100% success rate for advancement?!
Advancing to a higher level means greater reputation, more customers, and a broader market. Which bank wouldn't want to advance to a higher level?
Just then, Huasuan Wealth Management released a new announcement on Xiaorizi (a social networking platform) seeking external partners.
Suddenly, all the banks, big and small, started sending their information to Huasuan Wealth Management, hoping to be selected.
Lin Chen naturally couldn't miss this opportunity to make money.
First of all, of course, we need to pay an application fee, right? We don't need much, just give us five million.
Then, we need to organize a staff assessment, and we should give them some "tea money" (cash allowance), maybe another five million would be fine.
There are a total of 70 banks in Xiao Rizi, and 30 of them signed up this time. Lin Chen only made 300 million yuan, which is just a drop in the ocean for these banks.
Moreover, Lin Chen did not take their money and promised to give the three selected banks an opportunity to promote the Three Kingdoms on Douyin (TikTok) overseas version.
When these banks heard this, they thought, "Great! This is a Three Kingdoms promotional channel. There really isn't one like this, and even if there were, it would be very expensive. This money wasn't wasted. It's a worthwhile investment and very generous!"
After careful consideration, Lin Chen finally decided on Ruisui Bank, Taihe Bank, and Sakura Bank.
The strength of these three banks varies. Ruisui Bank is already in the first tier of banks in the small daily life category. The reason why it also applied is because the previous three banks have advanced, which has caused Ruisui Bank's market share to be greatly reduced, and it is on the verge of falling out of the category.
Therefore, Ruisui Bank wanted to regain its market share and sought cooperation.
Taiho Bank and Sakura Bank are currently the two banks at the bottom of the second tier. However, after studying the application materials, Lin Chen found that these two banks have a long history and a strong customer base. Their poor ranking is mainly due to their poor investment performance.
But this time, they seized the opportunity. After all, it was a 100% probability, so why hesitate?
After three banks were selected as members of the second batch of the cost-effective wealth management alliance, Zhang San, as Lin Chen's representative, personally gave a lecture to the representatives they sent.
"To succeed, you must first go crazy! Blindly push for maximum profits! Three representatives, time is of the essence, you don't have much time left!"
The three representatives looked puzzled. "I came here to give a lecture, how did I get cursed by you?"
Zhang San continued.
"In today's banking industry, we have Samsung Bank on the outside and the six top-tier banks on the inside, and many more banks will continue to rise. This opportunity only comes once! Temporary losses don't mean anything. After you successfully advance, a larger market will be waiting for you!"
"Listen, applause!"
"Clap clap clap~~~"
Zhang San brainwashed the Three Represents so thoroughly that they were completely bewildered.
After returning, the three banks discussed the matter and realized that Zhang San's words made sense. With internal and external troubles, how could they compete with the seven banks if they only offered ordinary wealth management product returns?
Therefore, the key to increasing returns is to build up the market even if it means losing money!
Currently, the returns on all overseas versions of Huasuan Wealth Management have been reduced to 6%, the same as those of Chinese banks.
China Bank: What are you doing? Can't you just let me farm and develop on my own?
Samsung Bank managed to stay afloat for a month despite losing almost everything, and its losses eventually came down.
After tallying the figures, the three banks agreed on a standard: seven percent!
It's higher than before, but you won't lose too much.
For banks, losing money is not terrible; what is terrible is not having any money deposited.
As long as money is deposited, it can generate more money; temporary losses don't mean anything.
On this day, which happened to be Christmas, Huasuan Wealth Management launched three new wealth management products to capitalize on the holiday's popularity.
Ruisuibao, Dahebao, Yinghuabao.
A return of 7%!
Because TikTok's overseas version had already promoted the product beforehand, it caused an instant buying frenzy as soon as it was launched.
Moreover, users from all three countries participated in the purchase.
Yes, the people of China are here to fleece us again.
At that time, the highest yield of various financial products in China was only 6%, so many people came here because there were products with a yield of 7%.
The transaction volume is skyrocketing, like it's on drugs and driving a supercar—it's ridiculously fast.
On this day, the Christmas atmosphere on the streets was much less intense. Don't ask, the answer is no money. And where did the money go? Of course, it all went into investing. I'm a thrifty and good man!
The effect was also very obvious. On New Year's Day alone, these three banks received a large amount of funds transferred from Huasuan Wealth Management through this product.
Apart from Swiss Grand Bank, the other two banks have risen several places in the rankings.
Ruisui Bank is already in the top tier, so it's difficult for it to improve.
Representatives from the three banks all brought gifts to thank Zhang San.
Zhang San waved his hand with a smile and accepted them all, emphasizing that his hands had their own ideas.
After a while, Ruisui Bank was the first to get restless, because they were still teetering on the edge of falling out of the top tier, and one day they might just fall off.
So they inquired with senior executives at Mitsubishi, Sanjin Zhuyou, and Postal Savings Bank to find out who would be most helpful.
Postal Savings Bank has a lot to say. Let me put it bluntly: it's no use talking to anyone else but Lin Chen, the boss who offers the best financial products!
Continue read on readnovelmtl.com
