Chapter 290 The Little Secrets Unearthed by Master's and Doctoral Students in Foreign Trade



Li Zhi's family background is already semi-public, so there's no need to hide it anymore.

Thus, with Su Wu's help, Li Zhi naturally became the head of the Nanjing University Software Studio.

This will make things much easier for the studio in the future.

In Su Wu's view, at least there would be no shortage of business.

As for game development, Su Wu felt that it was best to start with small games and not be overly ambitious.

Shi Gandang only provided initial support to the studio and gave them some business.

After all, Shi Gandang has its own professional team, and now that it has a direction, it can't let outsiders do everything.

After nearly two years of training, Li Zhi and the others have finally gotten on the right track, which makes Su Wu very gratified.

It was like a ritual to reconcile with his past self, giving his long-dead heart a renewed vitality.

In a great mood, Su Wu's mind was immediately filled with images of banknotes waving their little wings.

He needs more money.

Hu Zeqing's Superconducting Technology is already busy with its IPO process, and he can't just sit idly by.

He wasn't after the profits from speculating on superconducting technology stocks.

He valued Hu Zeqing and Liu Gengshuo's underground banks even more.

Su Wu was almost certain that if they wanted to drive up the stock price, they would need a large influx of funds.

Where does Hu Zeqing have any more funds?

That means it's just an underground money exchange operating under the guise of a company with the names of PhDs and Masters.

This foreign trade company with PhDs and Masters degrees is quite interesting; it's also a company that's all talk and no action.

Su Wu used some methods to find out some of the business lists of Shuobo Company.

For example, they are now helping Superconducting Technologies import integrated chips.

This business may seem normal, but there's more to it than meets the eye.

These chips are priced 20% higher than those on the market.

After the transaction was completed, the 20% of the funds were returned to Shuobo Company through multiple overseas accounts.

Then, the money returned to Hu Zeqing's hands from Shuobo Company.

This is also a common money laundering method.

For example, the company, Shuobo, exports some handicrafts overseas at ridiculously high prices.

However, Su Wu discovered that their procurement figures and export volumes did not match at all.

Simply put, they can buy 10 million worth of goods and sell them for 100 million.

And these are just the tip of the iceberg.

Even more outrageous are those fake orders that have no basis whatsoever.

In Su Wu's view, it was a business where containers went to port empty and returned empty.

It's fair to say that this PhD and Master's foreign trade company is engaging in outrageous money laundering.

Shuobo Foreign Trade's monthly cash flow is very stable at around 5 billion.

After several twists and turns, these lines eventually flow to different overseas accounts, and the PhD & Master Foreign Trade Institute can obtain a 30% cut.

These benefits are generally not dispersed from the account of a PhD and Master's Foreign Trade employee after a short period of time.

Su Wu knew that this was a well-run, more sophisticated overseas money laundering company than Zeqing Venture Capital.

As for where their funds came from, they all flowed in through casinos; Su Wu was the worst off.

After hacking into the computer outside of the master's and doctoral program, Su Wu monitored it 24 hours a day, searching for any clues.

He felt that if Hu Zeqing were to make any big moves, he would definitely need Liu Gengshuo's support.

It would be impossible to drive up the stock price of Superconducting Technology in a short period of time without billions of dollars.

As a result, before Su Wu could even catch his prey, he discovered something else quite interesting.

He saw a newly created draft on a computer outside the master's and doctoral program.

This draft is quite interesting; it's actually related to Yao Aiguo's Jinchi Real Estate.

Jinchi Real Estate's project in Tianjin has now opened up the market, and its prospects are promising.

However, Yao Aiguo actually used these high-quality assets to borrow money from Shuobo Foreign Trade.

The sheer size of the loan shocked even Su Wu.

There are actually 2 billion, with an annual interest of 200 million!

The draft states that after obtaining this contract, Shuobo Foreign Trade will resell it to Superconducting Technology after its listing.

Superconducting Technology will acquire this debt for 2.1 billion.

Then, after its listing, Superconducting Technology will pledge this part of the debt to the bank in exchange for a loan of 2.5 billion yuan.

Su Wu couldn't understand what was going on.

But he knew they were just pretending to be dishonest and trying to get money out of him.

Despite the impressive claims made by Superconducting Technology, they couldn't secure many loans before their stock price surged.

Jinchi Real Estate is different; it's a genuine high-quality asset.

As for why Yao Aiguo didn't take out a loan from the bank himself, the reason is simple: he had already taken out a loan.

They are now merely skirting the line by engaging in secondary lending to extract more funds.

Su Wu speculated that this might be a way for them to raise money to operate the stock of Superconducting Technology.

It seems that Liu Gengshuo doesn't really trust Hu Zeqing and is unwilling to provide unconditional financial support.

That's why they adopted this method to move funds.

Although Su Wu was a little confused, this was what made it real.

However, this is not far from what Su Wu guessed.

Hu Zeqing's funds used to speculate on Superconducting Technology stock are estimated to be within 3 billion yuan.

But how did Yao Aiguo agree to do such a thing?

There must be some undisclosed deals involved.

Shaking his head, Su Wu knew that the little secret he had discovered was still quite valuable.

Although Su Wu didn't understand the stock market, he knew that it was a contest of financial power between major players.

Now that we know roughly what the other party's bottom line is, we have room to maneuver.

If Peter and his group could prepare more sufficient funds, they could reap greater profits from it.

Hu Zeqing, however, would absolutely not give up. Once things reached a stalemate, he would inevitably have to mobilize more funds to support the effort.

Superconducting Technology's stock price must be driven up, otherwise it will be in real trouble.

The more intense their battle, the easier it would be for Su Wu to target the PhD and Master's students in foreign trade.

Once they have a large-scale mobilization of funds, then his opportunity will come.

Su Wu and Peter Ma met privately at the Sihai Hotel.

"Brother Ma, I've received word that Hu Zeqing has prepared approximately 3 billion yuan to speculate on Superconducting Technology's stock."

"What? 3 billion? That's a huge sum!"

"His registered capital plus the current financing has already reached a market value of over 1 billion yuan. If it goes public, it will increase several times over, which would be several billion yuan, right?"

"This is really..."

Peter was taken aback by Su Wu's straightforward words.

To be honest, he never expected such a large-scale investment.

Although raising several billion in a short period of time is not a big problem for him.

However, he couldn't afford the risks involved.

After a moment's hesitation, he said in a deep voice, "I didn't expect Hu Zeqing to have such boldness. If this is true, then we'll probably need to prepare even more funds, but the risks involved..."

Su Wu knew his concerns and said with a smile, "I also know a little secret."

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List