Furthermore, Xing Baohua didn't dare to elaborate, only saying that he wanted to launch a global payment platform under the new company's name, similar to Mastercard and Visa. Currently, Huahong Bank, Mitsui Bank, and Samsung Bank are involved in this company.
Xing Baohua meant that he had a project and offered them a seed investment opportunity, with angel investment and other opportunities to follow.
Would you like to join this opportunity?
Only a fool wouldn't participate. Xing Baohua's projects are extremely difficult to secure, especially the seed round. Basically, only people he designates can participate, and this guy rarely uses angel round financing.
Regardless of your digital payment method, just take any available spot, no matter how many shares you get. Remember, these are original shares!
Initially, Morgan Stanley and Citigroup each received 5% of the shares. Go back and prepare the money; the company is worth about 50 billion, so the two of you can contribute 5 billion.
That's what they say on the surface, but in reality, Xing Baohua and Morgan had a private deal: Xing Baohua would help Morgan bring back over 10 billion US dollars from the United States.
Morgan gave Xing Baohua a 40% discount.
Xing Baohua accepted this, saying that it wasn't that Morgan had cheated him, but rather that the risks were indeed very high and the process was quite complicated.
Since Xing Baohua's money cannot leave the country, there are only two ways to get it back: one is through official legal means, and the other is through money laundering.
We're not going to consider the official approach; they just want you to keep your money in the US for spending purposes, and they won't let you use it overseas at all.
In fact, they also knew that giving this money to Xing Baohua was equivalent to Xing Baohua transferring it to their country's financial bureau for exchange.
The nature of the problem is different. Therefore, Xing Baohua ultimately had no choice but to resort to washing.
The highest percentage a gangster can launder is 30%, so even if they have 10 billion, they'll only get 3 billion.
The commission rate varies depending on the difficulty level. For smaller amounts, it's generally around 5%, with a maximum of 20%. More difficult levels will have a commission rate of 20% or higher.
For a reputable firm like Morgan Stanley, a 40% discount is already quite generous.
The real source of this industry's exorbitant profits is food. Giving away over four billion yuan for nothing, doesn't it hurt? Of course it does! But that's how business works. If you're not satisfied, you can find someone else.
As long as Xing Baohua doesn't leave through Morgan, they'll report him to the authorities. Let them see if they can find someone else.
Why would Xing Baohua hire companies like that? It's only because they have too much power. Morgan was very useful when promoting DaMei later on. Without giving them enough benefits, you can't expect things to go too smoothly.
A true gentleman is one who can compromise and yield, and knows when to stand firm and when to back down.
After securing deals with these two banks, Xing Baohua informed Mitsui and inquired about their progress. Mitsui's chairman replied that he had already found three other banks: Sanwa Bank, one of Japan's oldest banks, founded during the Tokugawa era; Fuji Bank; and Dai-Ichi Kangyo Bank.
Xing Baohua said, "Let's set a time to meet up and have a chat."
After hanging up the phone, Xing Baohua called his father-in-law friend again: "I have a trillion-dollar project here. Do you want to participate? Mitsui, Sanwa, Fuji, Quanye, Morgan, and Huahua have already participated. I've reserved a spot for you. Do you want it?"
So the eldest princess soon arrived in Japan.
The only difference between the negotiations between Samsung Bank and Xing Baohua was the venue and their body language.
First, there was a negotiation worth hundreds of millions, but the negotiation method was a bit unconventional, taking place in a famous hot spring.
The princess, whom we hadn't seen for a long time, was very clingy, staying with us for three days straight, but we didn't discuss any serious matters at all!
But Xing Baohua was exhausted.
There was no other way, so I secretly sent him a message asking someone to call him and say that there was an emergency at the company that required his attention.
Exhausted, he returned to the villa to rest. He felt like he was ruined for life.
If you don't look, you still want to; if you do look, you're afraid of getting tired. What kind of vicious cycle is this?
After resting, Xing Baohua had a serious talk with the eldest princess in Nikon's office.
They gave Samsung Bank a 5% stake. Didn't they owe Samsung some money before? That can be included in this stake.
Now, the princess agrees to whatever Xing Baohua says. Xing Baohua told her to go back first, and to bring a team next time she comes to the meeting, as there are many agreements to sign.
Xing Baohua has been in contact with so many banks, and rumors have started to circulate.
It is said that Xing Baohua is going to join forces with many banks to create a super-large bank.
They're supposedly raising trillions of dollars. What's this guy planning to do? Develop the moon or Mars?
In short, rumors are flying everywhere. Just imagine what Xing Baohua, with trillions of yuan in his hands, could do. Some say the Great Eagle Empire doesn't welcome Xing Baohua, and this guy is preparing revenge, using trillions of yuan to crush the Great Eagle pound.
Some say that Xing Baohua might still be obsessed with satellites and want to launch rockets.
Some even say that since Xing Baohua owns a bank, he wouldn't misuse the money from so many banks for investment purposes; he must have other projects involved.
In China, and also in Hong Kong, some banks tried to call Xing Baohua to ask what he needed to do and if he could get a ride.
Xing Baohua welcomes any bank, even if it means a smaller share allocation. With so many banks backing it, it would be difficult for a digital currency not to succeed.
Some venture capitalists also want to get involved. Although they don't know Xing Baohua's plans yet, venture capitalists usually look at the person first and then the project.
Xing Baohua has never failed, which is why venture capitalists love him. No matter what kind of project you're investing in, they're investing in the person.
Venture capital has to take a backseat. Angel rounds might be able to use venture capital, but right now, nothing is more powerful than a bank's endorsement.
Especially the endorsement of major banks. This is the most fundamental part of trust; without the existence of banks, promotion would be virtually impossible.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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