Xuan Changsheng was not surprised at all about the arrival of Harahisaki again.:3w. In fact, he has been counting days these days, wanting to see how patient Harahisaki would be.

If he was still puzzled when Wang Zhongyang proposed the cross-holding proposal. In a few days, Xuan Changsheng, who had already investigated the situation clearly, had already expected this situation.

With the temptation of the two patents of IPS screen and high-voltage driver IC, how could Harahisasuke sit down with peace of mind?

"There is a big problem with the funding of Fanhan Group."

Hara Heisuke was almost condescending, looking at Xuan Changsheng proudly, his tone of speaking was unquestionable, and his tone was tough and affirmative.

Xuan Changsheng did not compete with this Japanese man who looked like a lump. He nodded and looked at him with a searching gaze.

There is a problem with the funding of Fanhan Group, which can be seen from their failure to continue to inject capital into BOE. Xuan Changsheng believes that with Sharp's power, it is not a problem to investigate this information. But Hara Heisuke cannot just say this sentence and fool the matter. This is a problem with his attitude.

Hara Heisuke also knew that in order to win the attention of Xuan Changsheng, he had to come up with some powerful information.

"As early as last year, Zhou Shuo, chairman of Panhan Group, had a tendency to be dissatisfied with the Southeast Asian economy. Based on this, in the past year, Zhou Shuo has successively mortgaged all his stocks and assets in the United States, borrowing a total of US$12 billion in huge funds from the US financial industry."

This is not to say that the stocks in Zhou Shuo's hands are worth up to US$12 billion. In fact, in terms of Microsoft's stocks that are rising wildly, Zhou Shuo's US stocks and total assets are only more than US$3 billion. However, through mortgage and borrowing, this money can be borrowed several times from the bank.

During the period of rapid development, many companies have even reached 4,500%. They also have to rely on their face to make loans. With the credibility of the Liuer Investment Fund hosted by Pang Zhou, this method is really not too difficult.

First, Liuer Investment Fund mortgaged the stocks in its hands to the bank and borrowed about $2 billion, and then used this fund to purchase US dollar bonds. Because of the firmness of US dollar bonds, this purchasing method can easily obtain loans from banks in the United States. In this way, for the first time, US$2 billion can purchase at least $4 billion in bonds with a face value. Then, using these US$4 billion bonds as collateral, it can still easily borrow US$3.6 billion in banks in the United States - the loan ratio of the bonds is 90%.

In this way, after four or five layers of mortgage and re-loan, the original 2 billion US dollars of principal would become 12 billion US dollars. Liuer Investment Fund was dancing from the tip of a knife with a debt ratio of 400%.

"hiss--"

Although I had known that Zhou Shuo's funds were in danger, Xuan Changsheng took a deep breath for this. 12 billion yuan, which was simply an unattainable existence for Guanjie. Even Sharp dared not say to face a huge monster with 12 billion working capital.

Is this Zhou Shuo crazy?

"Haha, we have to admit that Zhou Shuo is indeed good at technicians." Hara Heisuke chuckled: "But since that's the case, we should continue to move on the road of technology. But he thought he could also play finance, so how could he not suffer any losses?"

"Mr. Xuan may not know much about the Southeast Asian economy. Thailand performed a good show last month!"

Hara Heisuke became more and more excited as he spoke, and laughed: "Since March this year, the impact fund led by the US Quantum Fund has targeted the Thai economy and wanted to suppress the Thai baht exchange rate. Of course, they did succeed at the beginning. The May Thai baht exchange rate fell to a historical low of 1:26.7. I think Panhan Group saw an opportunity, so it planned to take advantage of the situation-"

"As a result, the Thai government has introduced several consecutive rescue policies since May, which has pushed the Thai baht exchange rate to a new high of 25.2!"

"Mr. Xuan, think about it. In this war without gunpowder, I don't know how much it will be lost for the 12 billion US dollars! It is believed that Zhou Shuo was lucky if he was not cleared by the regulator."

Xuan Changsheng took a deep breath, glad that he did not break into the vortex. Although he did not have such speculative intentions, even if he stood on the shore and watched, he couldn't help but feel scared.

The financial market, no matter how much money you have, is a wave and may overturn it.

Although I don’t know the specific use of Zhou Shuo’s funds, some side information is still easy to find out. For example, Quantum Fund, because the funds use funds entrusted by customers, must inform the situation truthfully. During the operations from March to May, Soros did make money. However, under the strong counterattack of the Thai government, the settlement last month found a loss of US$300 million.

Of course, Harashi Heisuke could not know Zhou Shuo's capital losses. Unlike the Liuer Investment Fund and Quantum Fund, it does not need to provide the use of funds to the outside world. When only regulatory banks can check the accounts, whether it is Sharp or Guanjie, they can only use guesses to determine what may happen.

But even amateur players like Soros drowned, how can they survive the slut like Zhou Shuo?

However, what Hara Heisuke and Xuan Changsheng were right, Zhou Shuo was indeed losing money on the books.

Since the Thai baht bottomed out and rebounded, Pang Zhou has been constantly shorting the Thai baht in the financial market. Simply put, it means constantly lending Thai baht from other financial institutions and then selling the Thai baht to the Thai bank that is trying to save the market.

Although this short selling operation is constantly losing money as the value of the Thai baht slowly rebounds, as long as the loss is within the range of 2 billion yuan of principal, Zhou Shuo does not have to worry about being cut.

In fact, he could not invest all US$12 billion in the Thai market - the entire Thailand has only US$30 billion in national foreign exchange. Direct attacking the Thai baht with Zhou Shuo's funds is likely to lead to unpredictable risks and bring the East Asian financial crisis out of history.

Pang Zhou sold 3 billion US dollars of Thai baht in Thailand, with a total loss of only more than 60 million US dollars. The average selling price also reached a ratio of 1 US dollar to 25.5 baht.

However, in the view of Heisuke and Xuan Changsheng, the failure of Quantum Fund in Thailand is nothing more than announcing the complete failure of Zhou Shuo's financial speculation. Even though there are still rumors, Soros was not deterred by the Thai government's counterattack, but was working hard to organize a third strike against the Thai economy.

But people are often very stubborn and only believe in what they are willing to believe, and no one can awaken a person who pretends to be asleep. Hara Heisuke and Xuan Changsheng are willing to believe that Zhou Shuo has fallen into great difficulties, which is the manifestation of this commonality.

Based on a large amount of plausible information, the two came up with a seemingly correct fact based on their vision. In fact, Zhou Shuo is indeed losing money, but the amplitude is not as large as they expected.

"So, I wonder what happened to Minister Harahira this time?"

Xuan Changsheng decided to get straight to the point. Since everyone has similar information, there is no need to hide it from each other. An open-minded attitude also helps trust each other.

"I heard that BOE intends to cross-hold shares with Guanjie. With Guanjie's two patents, Guanjie's shares, IPS screens and high-voltage driver I, I borrowed $800 million from Guanjie. I wonder if this is the case?"

Xuan Changsheng glanced at Harahisuke indifferently, nodded without any suffocation, and said a word softly: "Yes."

Obviously, he was already planning to send BOE to the betrayed Libra, and was waiting for Sharp to offer the offer.

Xuan Changsheng has no psychological burden for this. Business is business. If you believe anyone’s promise in the business world, it can only mean that you are stupid.

Well, this is really not a psychological burden for Taiwanese businessmen.

After entering the 2100s in my previous life, the LCD panel factory on the island was once very criticized by the mainland. Just when Japan and South Korea were investing heavily in the construction of high-generation LCD panel production lines in China, they were actually affected by the mainland's embrace of the LCD panel factory on the island. There was no movement for a long time, but they were most attentive to block the mainland's technology.

As early as 2006, 2007, 2008, the LCD panel industry ushered in a low period, and LCD panel manufacturers in Japan, South Korea and Taiwan all fell into a situation of low profits and even losses. At that time, in order to rescue LCD panel companies on the island, the domestic "upper level" even organized a procurement team to go to Taiwan and Taiwan to purchase. At that time, the domestic market did not buy Japanese goods with better technology or cheap Korean goods, but they wanted to buy Taiwanese goods with no advantages. What is the solution?

It has been going on for several years, and billions of dollars in LCD panels are purchased every year to transfusion blood to the LCD panels on the island. To put it bluntly, it is not because everyone is one of the same origin, but because of the sake of their compatriots, that is, they are just trying to help them. I just hope that this crisis will pass, Taiwanese companies will be grateful for their old feelings and will also help the mainland's LCD panel industry.

As a result, the LCD industry recovered, and BOE has achieved a breakthrough in the high-generation LCD production line through its own efforts. Japanese and Korean companies seized the opportunity and quickly set up joint ventures in China. Transfer technology and commercial cooperation, no matter what their intentions are, at least they do reflect this attitude of attaching importance to it.
Chapter completed!