Currently, the $100 million loan is within Zhao Ye's control.
No professional organization has yet assessed or analyzed how high Wujiang Company's valuation actually is.
Generally speaking, market capitalization is 2 to 4 times the annual turnover.
Wujiang Company predicts its revenue will exceed 3 billion RMB today, and may even exceed that.
Therefore, by 1986, Wujiang Company was valued at at least 6 billion RMB.
Based on this year's exchange rate of 1 US dollar to 3 RMB, Zhao Ye's net worth is at least 2 billion US dollars!
In his previous life, at the peak of his career, Wang An's net worth reached $2 billion, making him the richest Chinese person, and that was also in 1986.
But in this life, Wang An's dream of becoming the richest Chinese person is likely to be shattered.
Imagine typewriters completely crushed Wang An typewriters in the American market.
Wang An's personal net worth has also plummeted.
Back here, Shen Bi saw that Zhao Ye was unwilling to take out a larger loan, so he didn't press the issue. He figured that as long as they cooperated this time, there would be more cooperation in the future.
“Okay, then let’s take out a loan of $100 million!” Shen Bi said.
Zhao Ye asked, "How many shares does HSBC intend for me to pledge as collateral?"
Shen Bi smiled and said, "One hundred million US dollars. I trust Wujiang Company's credit, so no collateral is needed!"
Upon hearing this, Zhao Ye was taken aback, realizing that HSBC was trying to curry favor with him, and he figured he might as well take advantage of the benefits.
This is clearly a personal loan, only the amount is relatively large.
"In that case, thank you very much, Master!"
P.S.: Please feel free to leave comments if you have any feedback on this book. Is such a large credit loan a bit inappropriate? I'd like to revise it accordingly.
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