Chapter 369 Grandpa Gao standing in the atmosphere(2/2)
Lao Gao laughed: "Teacher Han has promised to deal with the credit enhancement agency, what can't he do? Peace of mind, sell products, I am an expert!"
"good!"
Gao Diaomao perked up: "What about product design?"
Lao Gao proudly slapped his chest: "I'll find someone to do it for you! Teacher Han is not the only expert in this field, it's not a problem at all!"
CITIC's own asset management department can do this job. It was known beforehand that they were not as good as Han Lie, but once they had a direction, it was not easy to carry out the specific operations.
Gao Diaomao's natural vigilance and suspicion made him subconsciously ask another question: "Mr. Han means to build some kind of REITs and try not to build ordinary ABS. I didn't understand. Brother, do you understand?"
"Hey, did Teacher Han really say that?"
Mr. Gao suddenly sat up straight, pushed the little girl away, frowned and pondered.
He was in charge of marketing and had nothing to do with asset management, but it was precisely because of the news Han Lie made that he made up a lot of homework in this area.
While thinking about it, he explained to Gao Daomao.
“In terms of nature, ABS is an asset-backed bond. You must first own a property or project, and then use it to mortgage financing; REITs are real estate trust funds, which first raise funds and then use them to invest in real estate.
From an operational perspective, ABS is more prone to over-packaging and is more suitable for your project.
Variant REITs are not easy to develop. There seems to be no precedent in China. This thing is not completely impossible to develop, but the supervision is destined to be very strict...
It’s impossible that Teacher Han doesn’t understand, so why would he give you such advice?”
"That's right!"
Gao Daomao slapped his thigh fiercely, and his mood suddenly cheered up.
"Teacher Han doesn't really want me to engage in external issuance operations. Firstly, he is afraid that there will be risks and it will easily involve him. He is so proud now that he is definitely not willing to take risks. Secondly, he wants to fully represent my project and control the entire process...
…
The idea he gave me was 100% because he wanted me to give up and come back to him!
It's a pity, he didn't expect that I would have such a big helping hand as Mr. Gao..."
"I see."
Mr. Gao laughed dumbly and shook his head, deliberately complaining for Gao Yijun: "Teacher Han is really a qualified financial person. He doesn't want to let go of a penny of profit..."
"Hey, it won't happen!"
Gao Daomao laughed and defended Han Lie.
"It's not just about earning more intermediary fees. Teacher Han feels that our operation is too risky and will easily affect his reputation and goodwill, so he still hopes that I can follow the formal process... It is understandable that people can be stable by doing private equity.
Why bother doing these little tricks when you can make a lot of money surely?"
He thought he had seen through Han Lie's whole plan and was completely relieved, no longer doubting whether Han Lie was harboring some other bad intentions.
For people like him, it has long been a habit to take advantage of others. He always has his own thoughts when cooperating with anyone and is always ready to take a bite. Therefore, he absolutely refuses to believe that Han Lie will cooperate with him honestly.
And Han Lie's caution just shows that Han Lie is actually not honest - at least he doesn't trust himself completely and has other ideas in his heart.
But no matter how hard he tried, he couldn't figure out what Han Lie was planning. This was so uncomfortable that his heart couldn't let go.
Now, he finally understands - he's not satisfied even with 20% of my shares, and wants to steal another 200 million from me in cash?!
What a greedy person!
What a pity, your great-grandfather and I have already been prepared!
In fact, Gao Daomao doesn't care if Han Lie embezzles another 200 million in cash, but he can't accept the outcome of formal guarantee and formal repayment. Borrow 18 and repay 25. Am I crazy?
From this, I became more determined to cut leeks.
Mr. Gao also echoed just right: "That's right! How easy is it for Teacher Han to make money? How can you understand how difficult it is for us? We all have to go through formal procedures, and it's just a waste of work for the middlemen. We've made a shitty fortune! We can do it alone.
Zeng Xin, he is so embarrassed to take away so many of your shares just by opening his mouth!"
Gao Diaomao's eyes lit up and he asked hurriedly: "Brother, if you can handle the credit increase..."
Lao Gao hurriedly sneered and waved his hand: "That's not possible. Our risk control at CITIC Trust is not that easy. Teacher Han's role is still very important..."
"Hahaha, drink and drink! Let's make a fortune together!"
Gao Daomao was a little disappointed, but he didn't force it and quickly established a real cooperative alliance with Mr. Gao.
At the end of the conversation, Lao Gao and Gao Diaomao asked for a full 5% of the underwriting fee, as well as a set of foreign real estate after the deal was completed. They were also a lot of shady, and they were no more polite than Han Lie.
Coupled with the 9.5% annualized return that the product provides to investors, and the credit enhancement institution that requires at least 5%, the total apparent cost directly reaches 22%.
You have to spend extra money to bribe the appraisal company, and there are other hidden costs in other places. In real terms, it's a total loss.
But Gao Diaomao was extremely happy.
You are interested in my high interest rate, I am concerned about your principal, let’s see who has the best means...
This wave, Grandpa Gao, I am in the atmosphere!
…
When Han Lie arrived at Bai Yushuang's house, the eldest and second sisters were watching TV and the third sister was taking a bath.
The bathroom in the rental house is not big, and the door is made of frosted glass. Inside, a beautiful body is silhouetted, emitting mysterious fluctuations under the light.
Brother Lie originally wanted to be decent, but Bai Yushuang was too good at flirting.
She smiled evilly and asked quietly: "Are you curious about Xiaoxue's figure? If you take me to the bedroom now, you can see exactly the same figure~~~"
Let me go, can I bear this?!
Chapter completed!