1682 [Squeeze Outbreak]
, modify it at around seven o'clock.
Writing books is not easy, and the income is meager.
It is a must to bring you reading troubles. I hope all book friends will understand the difficulty of the author. Thank you!
...
Xia Tian was really shocked to see that his business secrets were leaked.
What he fears is not that others know his financial situation. Although he has been in debt of nearly 100 billion Hong Kong dollars and has to pay more than 1.2 billion Hong Kong dollars a month, his financial situation is indeed a bit tight. But because his income is not low, he can still deal with it.
What he was afraid of was that this news might cause panic among depositors, which would lead to a squeeze and lead to a closure of the East Asian Bank.
Most of the deposits of Bank of East Asia are indeed loaned out by him now for investment in the United States. He acquired Rainbow Media Holdings, acquired Geffen Records, invested in Microsoft, Oracle, Intel, etc., and used them to borrow money from Bank of East Asia.
Now that people know that the East Asian Bank has insufficient deposits, there will definitely be people who are interested in taking the opportunity to make a big fuss. Once it triggers a squeeze and there is not enough cash to pay depositors, the East Asian Bank will risk bankruptcy.
At that time, all the stocks, equity, etc. he mortgaged to Bank of East Asia will be auctioned and then bought at a cheap price. Then his property will shrink by at least half, and the loss will start at least 100 billion Hong Kong dollars.
Xia Tian knew that he had made many enemies over the years, and not to mention anything else, just by acquiring the 38 listed companies, he offended many wealthy families in Hong Kong. There are a lot of people who hope he will die.
Even allies like Li Jiacheng, Bao Yugang, and Li Zhaoji may not be reliable at this time. Don’t forget that they had snatched Li Zhaoji’s China Gas before summer. Although Li Zhaoji didn’t say anything on the surface, they should still cooperate, but they may not have let go of it. The so-called taking advantage of his illness and killing him, and now may be the right time.
Xia Tian was really shocked to see that his business secrets were leaked.
What he fears is not that others know his financial situation. Although he has been in debt of nearly 100 billion Hong Kong dollars and has to pay more than 1.2 billion Hong Kong dollars a month, his financial situation is indeed a bit tight. But because his income is not low, he can still deal with it.
What he was afraid of was that this news might cause panic among depositors, which would lead to a squeeze and lead to a closure of the East Asian Bank.
Most of the deposits of Bank of East Asia are indeed loaned out by him now for investment in the United States. He acquired Rainbow Media Holdings, acquired Geffen Records, invested in Microsoft, Oracle, Intel, etc., and used them to borrow money from Bank of East Asia.
Now that people know that the East Asian Bank has insufficient deposits, there will definitely be people who are interested in taking the opportunity to make a big fuss. Once it triggers a squeeze and there is not enough cash to pay depositors, the East Asian Bank will risk bankruptcy.
At that time, all the stocks, equity, etc. he mortgaged to Bank of East Asia will be auctioned and then bought at a cheap price. Then his property will shrink by at least half, and the loss will start at least 100 billion Hong Kong dollars.
Xia Tian knew that he had made many enemies over the years, and not to mention anything else, just by acquiring the 38 listed companies, he offended many wealthy families in Hong Kong. There are a lot of people who hope he will die.
Even allies like Li Jiacheng, Bao Yugang, and Li Zhaoji may not be reliable at this time. Don’t forget that they had snatched Li Zhaoji’s China Gas before summer. Although Li Zhaoji didn’t say anything on the surface, they should still cooperate, but they may not have let go of it. The so-called taking advantage of his illness and killing him, and now may be the right time.
Xia Tian was really shocked to see that his business secrets were leaked.
What he fears is not that others know his financial situation. Although he has been in debt of nearly 100 billion Hong Kong dollars and has to pay more than 1.2 billion Hong Kong dollars a month, his financial situation is indeed a bit tight. But because his income is not low, he can still deal with it.
What he was afraid of was that this news might cause panic among depositors, which would lead to a squeeze and lead to a closure of the East Asian Bank.
Most of the deposits of Bank of East Asia are indeed loaned out by him now for investment in the United States. He acquired Rainbow Media Holdings, acquired Geffen Records, invested in Microsoft, Oracle, Intel, etc., and used them to borrow money from Bank of East Asia.
Now that people know that the East Asian Bank has insufficient deposits, there will definitely be people who are interested in taking the opportunity to make a big fuss. Once it triggers a squeeze and there is not enough cash to pay depositors, the East Asian Bank will risk bankruptcy.
At that time, all the stocks, equity, etc. he mortgaged to Bank of East Asia will be auctioned and then bought at a cheap price. Then his property will shrink by at least half, and the loss will start at least 100 billion Hong Kong dollars.
Xia Tian knew that he had made many enemies over the years, and not to mention anything else, just by acquiring the 38 listed companies, he offended many wealthy families in Hong Kong. There are a lot of people who hope he will die.
Even allies like Li Jiacheng, Bao Yugang, and Li Zhaoji may not be reliable at this time. Don’t forget that they had snatched Li Zhaoji’s China Gas before summer. Although Li Zhaoji didn’t say anything on the surface, they should still cooperate, but they may not have let go of it. The so-called taking advantage of his illness and killing him, and now may be the right time.
Xia Tian was really shocked to see that his business secrets were leaked.
What he fears is not that others know his financial situation. Although he has been in debt of nearly 100 billion Hong Kong dollars and has to pay more than 1.2 billion Hong Kong dollars a month, his financial situation is indeed a bit tight. But because his income is not low, he can still deal with it.
What he was afraid of was that this news might cause panic among depositors, which would lead to a squeeze and lead to a closure of the East Asian Bank.
Most of the deposits of Bank of East Asia are indeed loaned out by him now for investment in the United States. He acquired Rainbow Media Holdings, acquired Geffen Records, invested in Microsoft, Oracle, Intel, etc., and used them to borrow money from Bank of East Asia.
Now that people know that the East Asian Bank has insufficient deposits, there will definitely be people who are interested in taking the opportunity to make a big fuss. Once it triggers a squeeze and there is not enough cash to pay depositors, the East Asian Bank will risk bankruptcy.
At that time, all the stocks, equity, etc. he mortgaged to Bank of East Asia will be auctioned and then bought at a cheap price. Then his property will shrink by at least half, and the loss will start at least 100 billion Hong Kong dollars.
Chapter completed!