The call was made by the prince of the desert country on behalf of the Riyadh consortium.
Although Xing Baohua and Wang Zi had a very good personal relationship, Xing Baohua never thought of borrowing money from them when she really needed it.
Xing Baohua used their money primarily for cooperation.
Therefore, when borrowing money from various banks, Xing Baohua never considered using the conglomerates of desert countries.
It's not that they don't have banks, but there are some things they can't go too far with. After all, they'll be cooperating frequently in the future, so it's necessary to leave room for compromise when needed.
Do people from desert countries seem easy to fool, naive, and rich?
That's completely wrong. They're shrewd. They'll lend you money, but they'll still have their way with you. Otherwise, how would they recoup their investment?
But this time, Xing Baohua felt she had to examine her own credit.
He asked for $2.5 billion in unsecured loans. Whether Xing Baohua's name is worth it depends on how much the other party values him. He'll pay the highest interest rate and borrow $2 billion for six months.
The prince hesitated for a moment, but Xing Baohua outmaneuvered him. He had only wanted a ride, but Xing Baohua was going it alone. Using a loan, while offering good interest rates, wasn't as quick or as lucrative as getting a ride.
Because they had cooperated before and used some collateral, and the amount of money involved was considerable, but face wasn't worth it, Xing Baohua wanted to use a personal loan, and Desert Prince was willing to act as guarantor.
Finally, the desert prince gritted his teeth and took the gamble.
What we're gambling on is the future of our friendship.
Looking back on the friendships they had built, Xing Baohua still thought of them when he had good projects and invited them to participate.
Moreover, they are all promising projects in the electronics and technology sector.
Thus, a preliminary agreement was reached: Xing Baohua would use his credit to secure a loan of 2.5 billion US dollars, with the Desert Prince acting as guarantor.
The Desert Prince also asked Xing Baohua, "If it's venture capital, why don't you include them? Raising a few hundred billion would be a piece of cake."
It's nothing. The daily trading volume in Europe couldn't withstand such a sudden influx of funds. Xing Baohua only wanted to earn a few billion US dollars; he never intended to go all out.
If the funds were pooled together, the target would be too large, and many contractors couldn't handle that much. So it takes about six months to transfer the funds one transaction at a time. A sudden influx of such a large sum of money would startle anyone, and anyone would be on guard.
Originally, Xing Baohua only intended to launch a sneak attack, aiming for a single day's fluctuations to catch the opponent off guard. If the amount of money involved was too large, the opponent would react with delight, not shock, but delight. Money delivered to their doorstep—why wouldn't they take it?
Establishing a unified financial system in Europe is extremely difficult, and the current focus on exchange rate stability is also aimed at alleviating the financial pressure on various countries. However, there are a few troublemakers who refuse to comply, the most typical being the United States.
It's not that they're disobedient, but rather that they feel they're too powerful and should be the boss in Europe, and that they should be the ones calling the shots in this European Alliance.
No country in Europe would agree to this. It's not the era of maritime supremacy anymore; the days of the British Empire are over. They can join or not, it's up to them.
Therefore, while exchange rate fluctuations in other European countries are stable, those in the US are erratic, and quite erratic at that! This creates a hidden danger.
Back then, Mr. Luo used a sneak attack tactic, taking advantage of a financial crisis as cover to short the British pound, causing the collapse of the Sudanese central bank's financial system and its direct bankruptcy.
Not a single country in Europe offered any assistance; they just watched as Mr. So made a billion in a single day.
They make money and then run away; if they don't, they get ganged up on and beaten until they can't come up with a single penny, and they even lose their margin and all the money in their account.
Xing Baohua wanted to replicate the move that Sutton made back then, but the timing wasn't right. He couldn't wait for the financial crisis of the 1990s, so he could only look for a small opportunity to strike when the pound was at its peak.
He doesn't care about the consequences, but the profit-making time is only an afternoon or a few hours, and it's the only opportunity.
Think about it! There's no smoke without fire. If a wave suddenly appears, wouldn't you be startled and start looking for the cause? If a stock suddenly drops by more than a hundred points, wouldn't those short-term investors panic? Some who didn't set stop-loss orders were basically wiped out.
Only those who invest in the medium to long term can maintain their positions. It is precisely when these investors are investigating the reasons that they begin to reap the profits from short-term investors, or at the same time, they also take advantage of the stop-loss orders of medium-term investors.
They will only intervene to support the market once they have thoroughly investigated and confirmed that there are no further upheavals and their investments will not be affected. If they do not withdraw by then, they will be unable to do so.
Now that we have the funds, all that's left is the right opportunity; we just need the right catalyst.
After speaking with the desert prince, Xing Baohua called HK Huahong Bank and asked them to handle and receive a loan from the desert country.
From this moment on, Huahong Bank will gradually receive payments from China Merchants Bank, international trust companies, and desert country banks. Ten billion US dollars will be discovered by those with ulterior motives.
To figure out how to lay the groundwork, Xing Baohua needed to spend time communicating with HSBC, Standard Chartered, Commonwealth Bank of the United Kingdom, Deutsche Bundesbank, Legal & General Bank, Swiss Bank, and others to open agent accounts.
Use these accounts to place a medium-term Eagle GBP contract. These banks all have a forex platform, whether it's a forward, medium-term, or near-term contract. Settlement is based on the exchange rate at contract expiration; the bank doesn't care whether you make a profit or loss, they only charge a commission.
Most people use trading platforms for short-term trading, while medium- and long-term traders are mostly large institutions and trading companies. These platforms with very high trading volumes require stable prices to be profitable for their trades.
Therefore, for some risk-taking investment institutions, banks will also offer leveraged models that require margin. In this way, both banks and large trading institutions can ensure that they do not lose money along with the investment and can still make money.
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