In Hong Kong, we build a global business empire

Chapter 97 Continue to Raise Money
After leaving Bao Yuguang's house, Lin Haoran was in a very good mood.

This visit was totally worth it.

Not only did it help him find a way to invest, but it also enabled him to utilize Bao Yugang's connections to make this investment go more smoothly.

Before saying goodbye to Bao Yugang, he had already told Bao Yugang the phone number of the Lin family villa, and if there was any news about Saudi Aramco, he would call him.

After returning home, Lin Haoran chatted with his father Lin Wanan in the living room for a while, and also waited for Bao Yugang's call.

He did not tell Lin Wanan about his plan to invest in oil.

Even Bao Yugang felt that this would be a huge risk and was unwilling to take it, not to mention someone like Lin Wanan who was always cautious in doing things.

It is simply impossible to get Lin Wanan to invest with him.

Who knows, after I tell him, he might nag me.

About half an hour later, the phone finally rang.

Lin Haoran sat next to the phone and picked up the receiver immediately.

Sure enough, the other party was Bao Yugang.

"Okay, okay, okay, I understand, Uncle Bao, thank you so much for bothering you. I've written down your phone number, and you should go to bed early. I won't bother you anymore. Bye." Lin Haoran hung up the phone, gently put down the phone, and breathed a sigh of relief.

In his hand, he held a piece of paper with a phone number written on it.

At this moment, Lin Wanan looked at Lin Haoran curiously.

Lin Haoran knew what his father was thinking, so he smiled and explained, "Dad, I'm busy with a business cooperation project, and Uncle Bao helped me make a connection. The specific details are kept secret for now. Wait for my good news, and then I'll give you a surprise."

"You kid, you are always so mysterious. You even hide it from your dad." Lin Wanan pretended to be angry, but did not continue asking.

"Daddy, it's getting late. I'm going upstairs to rest first. You and Mommy should also go to bed early. Good night." Lin Haoran waved to his father, then walked briskly upstairs to his room.

Just now, Bao Yugang called to tell him that he had contacted the president of Saudi Aramco for him. The president would make the deal with him for Bao Yugang's sake, but Lin Haoran had to go to Saudi Arabia himself to negotiate with Saudi Aramco and sign the transaction contract.

After all, even an order of two or three hundred million Hong Kong dollars is just a small order in the eyes of Saudi Aramco.

In 1978, Saudi Aramco's crude oil production exceeded 4 million tons.

What is the concept of 4 million tons?

At this time, the international crude oil price was around US$13 per barrel.

And 4 million tons of crude oil is nearly 30 billion barrels.

That is to say, Saudi Aramco’s crude oil sales this year will reach more than US$390 billion.

Currently, the exchange rate between the Hong Kong dollar and the US dollar is around 5 to 1.

Therefore, Saudi Aramco’s annual crude oil production and sales can reach HK$2000 billion or even more.

What's more, Saudi Aramco is not only engaged in crude oil extraction business, but also controls four oil companies in the United States.

Therefore, his order of two or three hundred million Hong Kong dollars was not really a big order. The fact that the president of Saudi Aramco was able to meet him in person was really out of respect for Bao Yugang, the world's shipping king.

Of course, two or three hundred million Hong Kong dollars was just his guess. Lin Haoran is not sure how much he can borrow at the moment.

Get some sleep first and decide who to ask for a loan tomorrow.

The next morning, Lin Haoran and his father Lin Wanan went out together, each in their own car, and left the Deep Water Bay villa area.

He did not go directly to Qingzhou Yingni Company.

Now that the line for purchasing crude oil has been laid, the next issue is raising money.

He currently has HK$6300 million in available funds, but this is too little for him. Even if the oil price doubles, there will not be much money.

Therefore, the more capital you invest, the better.

Sitting in the office of Huanyu Investment Company, Lin Haoran looked at the financial company information in his hand.

There are foreign and Chinese banks all over Hong Kong, including Bank of East Asia, Hang Seng Bank, Standard Chartered Bank, Citibank, American Express Bank, BNP Paribas, Bank of East Asia, Wing Lung Bank, Wing Hang Bank, etc.

In addition, there are many major financial companies that claim to be financial companies, such as Yumin Financial Company, Kowloon Financial Company, Yatai Financial Company, etc.

There are hundreds of such banks and financial companies in Hong Kong.

These are all short-term loans, which shows how fierce the financial competition in Hong Kong is.

He didn't plan to look for Hang Seng Bank. These banks were too formal and could basically only lend funds of equal value, so financial companies were the first choice.

Compared with formal banks with strict audits, finance companies are much more relaxed and can lend more funds. For example, he got a loan of 50 million Hong Kong dollars from Yumin Finance Company by using a Huafeng Cement Factory as collateral.

"Maybe, I should look for Yumin Financial Company again?"

He knew that something would happen to Yumin Financial Company sooner or later. It would be strange if nothing happened with such a leader, so he didn't want to be too involved with Yumin Financial Company.

But he is more familiar with Yumin Company from the financial company. Besides, it will probably be a few years before this company gets into trouble. It is only 1978 now. Perhaps, he can really find Yang Changdao to talk to him again.

Yesterday morning, Yang Changdao also called to wish him a happy birthday, but the two of them didn't talk much, just polite words. So, Lin Haoran decided to call Yang Changdao again.

"Uncle Yang, are you free? I have something to talk to you about. What? Do you want to come over to my place? Okay, I'm on the 19th floor of Hengfeng Building, just come over directly." After hanging up the phone, Lin Haoran was deeply surprised.

Originally, he planned to visit Yang Changdao at Yumin Financial Company, but he didn't expect that before he even said it, the other party took the initiative to come and see him.

It seems that the improvement in his status also made Yang Changdao look at him differently.

It was obvious that Yang Changdao had only treated him as a junior before.

But now, Lin Haoran’s identity is different. He is the chairman of a large listed company and his status in the business world is higher than that of his father Lin Wanan.

Only a dozen minutes later, Yang Changdao appeared outside the Huanyu Investment Company, which was extremely fast.

Yu Min Financial Company is in Central, and Hengfeng Building is also in Central. The distance between the two places is indeed not far, but Yang Changdao arrived there in just over ten minutes, which is enough to show how much he values ​​Lin Haoran at this time.

"Uncle Yang, come into my office and let's chat." Lin Haoran smiled and shook hands with him, then took him into the office.

Yang Changdao felt very complicated at the moment. Less than two months ago, he and Lin Haoran did a loan business. He didn't expect that now, the other party has become the chairman of a British listed company.

In today's newspapers, there are still many media outlets reporting and analyzing Lin Haoran's acquisition of Qingzhou Yingni Company.

It can be said that just by acquiring Qingzhou Yingni Company, Lin Haoran has made himself known to almost everyone in Hong Kong.

"Haoran, I wonder why you called me here this time?" After sitting down, Yang Changdao became curious.

The attitude towards Lin Haoran must not be the same as before.

"Uncle Yang, I want to make an investment, so I currently have a funding gap. If I use my status as the chairman of Qingzhou Yingni and my shares in Qingzhou Yingni as collateral, how much money can I borrow from Yumin Financial Company?" Lin Haoran asked very directly.

Yang Changdao's eyes lit up, big business was coming.

To him, Lin Haoran is much more valuable now.

"Haoran, I wonder how many shares you can use as collateral?" Yang Changdao asked.

In fact, in addition to the mortgage of Huafeng Cement Plant, the previous loan of 50 million Hong Kong dollars required shares of equal value as collateral. But now Lin Haoran did not mention it, and Yang Changdao did not mention it either.

Because there is no need to worry about this matter anymore. Today, Lin Haoran’s identity is no longer the same as before.

Just by virtue of his status as the chairman of Qingzhou Yingni Company, he could easily borrow tens of millions of Hong Kong dollars without any collateral.

"I want to use 1000 million shares as collateral." Lin Haoran thought for a while and said.

He actually owns 1155 million shares of Ching Chau Cement, and 850 million shares are currently mortgaged to Hang Seng Bank.

There is not much difference between 1000 million shares and 1155 million shares, so he just said 1000 million shares.

"1000 million shares? According to the market conditions, I can lend you million Hong Kong dollars without any conditions. In addition, with your status as chairman, I can approve million Hong Kong dollars for you, Haoran." Yang Changdao thought for a while and said.

However, Lin Haoran was not satisfied. He shook his head and said, "Uncle Yang, the amount of funds I need is a bit large. I should be able to get a loan of your amount at Huifeng Bank. I am not afraid to tell you that even Mr. Shen Bi has some friendship with me, but it is too troublesome to go through their channels. In addition, my goal is bigger, and 100 million Hong Kong dollars is not enough, so I came to you again, Uncle Yang."

He knew that Yang Changdao must be able to help him get more loan amounts.

He remembered that in his previous life he had known about a company called Jianing Group. The boss of this company initially purchased a piece of land in Yuen Long for HK$1850 million, and then mortgaged the land to Yu Min Financial Company, resulting in a direct loan of HK$ million.

This shows that they must have their ways.

"Haoran, how much money do you want to borrow?" Yang Changdao asked cautiously.

"I want to borrow 300 million Hong Kong dollars, also for a one-year term." Lin Haoran asked loudly.

After hearing this, Yang Changdao shook his head and said, "Haoran, it's not that I don't want to lend you the money, but the amount you're asking for is too much, far exceeding the value of the stocks you've pledged."

Although he wanted to do big business, he also knew the importance of risks.

"Uncle Yang, I am the controlling shareholder of Qingzhou Yingni Company. This status cannot be compared with the stock price. What's more, the actual value of Qingzhou Yingni Company is much higher than the stock price. The company is worth at least 500 million. The land in Hung Hom alone is valuable. My loan of 300 million is not an exaggeration. You can find someone to evaluate it." Lin Haoran said.

Lin Haoran was not wrong about this. The land in Yingni, Qingzhou was worth hundreds of millions.

However, the prerequisite is to convert industrial land into commercial land, which Lin Haoran will definitely have to do in the future, and he will have to pay a considerable fee to the government at that time.

"Haoran, forget about the evaluation. We have already collected information about Qingzhou Yingni. With your current status, there is no way I can approve 300 million. I am sure you can get 200 million Hong Kong dollars." Yang Changdao thought for a while and said.

"Two hundred million Hong Kong dollars?" Lin Haoran frowned.

This was roughly within his psychological range, but he still hoped to borrow more.

So, Lin Haoran said, "Uncle Yang, I'm not afraid to tell you that the project I'm preparing to invest in requires 2.4 million Hong Kong dollars, and I have 3 million Hong Kong dollars in available funds. How about this, your Yumin Finance Company lends me 1 million Hong Kong dollars so that I can raise million Hong Kong dollars, and the loan period is still year.

Anyway, whether it is Qingzhou Yingni or Wanan Group, they are all in Hong Kong and can't run away. I think Uncle Yang will definitely find a way to help me. As for the tea fee, it will naturally be according to the rules. After the matter is completed, I will give him 500,000 in cash as a token of gratitude."

It’s just an extra 40 million Hong Kong dollars. Lin Haoran believes that he will not refuse.

"Haoran, let me think about it. I need to go back and discuss it with someone. I will call you as soon as there is a result." Yang Changdao said.

(End of this chapter)