I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 116: Adi Diaosi is being hunted by Wall Street and asks Yang Chen for reinforcements

Ever since Yang Chen led the five major banks to take revenge on foreign capital, many domestic and foreign funds wanted to put their money here to make profits.

Their requirements are not high. They are satisfied with an annual rate of return of around 8%, but they must ensure that their funds can be withdrawn at any time after one year.

The global economy is currently in recession, and many funds are reluctant to invest in industries overseas. The financial products launched by Yang Chen with a guaranteed annual return of 6% naturally became their first choice.

Anyone familiar with financial data knows that residents' deposits have been increasing sharply in recent years. Banks have tried every means to lend money but have been unable to do so. The additional money issued by the central bank has been spinning in circles within the banking system and has been unable to circulate.

How do banks make profits?

They absorb deposits, give depositors low interest rates, and then lend out these deposits to earn high interest rates. The interest rate difference between the two is their profit.

However, residents' deposits have been increasing rapidly, but loans cannot be issued. This will cause a problem. The deposits collected by banks do not generate any income, but they still have to pay interest on these deposits.

If the situation is not serious, the bank will only reduce its profits. If the situation is extreme and the interest paid to residents on deposits exceeds the investment income from lending, the bank will suffer a loss.

Now there is a financial product with a guaranteed minimum return of 6% and a maximum return of 10%. Banks need it the most. It is like a timely help for them.

The current bank interest rate for one-year deposits is 1.9%. Even if calculated based on the minimum 1% yield promised by Xingli No. 6, there is still a 4.1% yield difference.

Moreover, with Yang Chen's ability and the promise of this financial product, investing in this financial product is much safer than lending to companies or individuals.

Li Jun, president of the ICBC Jiangcheng branch, called Yang Chen.

"Hey, Mr. Yang, please reserve a quota of 500 billion for me. Whether the business can be completed this year depends on your financial product." Li Jun said with a smile.

Yang Chen laughed loudly, and said: "I have only issued 1000 billion in total, and you, a bank, want 500 billion. Do you think it's possible? Besides, this time you must apply to purchase it from the Sihai Finance APP. It's useless to go grab it yourself and ask me."

Li Jun quickly said, "We are definitely buying a large amount of money. I am thinking of mobilizing all the funds and giving them to you at once. You can allocate financial products to us at once. This will be convenient for everyone. It will be too much trouble for us to grab them bit by bit."

Yang Chen explained: "There are too many funds that I want to operate. If I directly intervene to decide how much to give to whom, I will definitely offend people. For example, you want a 500 billion quota now, and I agree. Later, other bank presidents call and ask for 500 billion, where can I get the quota for them? But if I give it to you and not to them, then they will definitely think that I am alienated from them. Don’t you think so?"

Li Jun thought about it and it seemed to be true. It would be easiest if customers rushed to buy the items themselves. How much they bought depended on their own abilities. No one could find an excuse to quarrel with Yang Chen.

Li Jun quickly said, "Okay then, I'll tell all branches to buy them up. Hang up."

Just after hanging up the phone, Wang Wanli, the president of Longguo Bank, called Yang Chen.

"Hello, Mr. Yang, we at Longguo Bank have fully subscribed to your Xingli No. 1. I am raising funds now. Please stop selling it immediately and give us the rest." Wang Wanli said hurriedly.

1000 billion seems like a lot, and it is indeed a lot, but it is nothing for a bank like Longguo Bank.

Yang Chen smiled and said, “President Wang, don’t make things difficult for me. The reason I launched this financial product is that I don’t want to offend any capital. If you want it, go buy it. It depends on your ability to buy more or less. You can’t blame me. If I promise to give it to someone, the remaining capital that didn’t buy it will have to blame me. I have seen the list of clients who want to invest their money with me. There are several powerful capitals and leaders on it. I don’t want to offend anyone. I hope President Wang can understand.”

Wang Wanli quickly said, "Oh, so that's it. I understand, I understand. OK, I won't make it difficult for Director Yang. I'll ask the branches in various places to buy the stocks themselves."

Not long after Yang Chen hung up the phone, heads of banks large and small at home and abroad called Yang Chen one after another, asking him to leave them a little more share.

Yang Chen rejected them with the same reason, and asked them to buy it based on their own abilities.

An hour later, crazy customers bought more than 300 billion worth of financial products.

Seeing that Xingli No. 1 is so popular, some people can't sit still. Apart from other financial product issuing companies, the real estate alliance represented by Baoli Real Estate and Wangke Real Estate is the most unwilling to see this situation.

Because the investment targets of Xingli No. 1 are very clearly stated, 20% of the funds are used for stock market investment, and 80% of the funds are provided as interest-free loans to Sihai Real Estate.

As soon as Sihai Real Estate has the funds, it can resume work. As long as the unfinished projects can be completed and delivered to the owners, other cities will surely lift the restrictions on Sihai Real Estate's land acquisition one after another. Their idea of ​​forcing local governments to force Yang Chen to withdraw the dividend strategy for the owners will be in vain. By then, local governments will definitely coax Yang Chen in order to encourage Sihai Real Estate to acquire land.

The CEOs of these real estate companies had no better solution. They certainly couldn't pay out hundreds of millions of dollars in dividends to owners every year like Sihai Real Estate did. They couldn't communicate with Yang Chen, so they could only resort to such dishonorable means to force Yang Chen to compromise.

In business wars, people only see the glory of the winner. As for what means the winner used, no one cares.

As a result, the Real Estate Alliance immediately bribed the media and self-media to publish articles that discredited Xingli No. 1, hoping to prevent people from buying Xingli No. 1.

Today's Finance: Sihai Group, which has a debt of 3 trillion, has just paid the principal and interest to its financial management customers, and immediately issued another 1000 billion financial management products. Moreover, the investment targets are very scary, with only 20% used for stock investment, and the remaining 80% of the funds will be used as interest-free loans to Sihai Real Estate. Such blatant profit-making behavior, is there no regulatory agency to intervene and investigate? 80% of the funds are interest-free loans to Sihai Real Estate. Sihai Real Estate now has a total debt of more than 80 trillion. How will it repay this % of the funds after one year? They are blatantly cheating investors' money. Everyone must be cautious when buying, and be careful not to fall into the trap and can't get out.

Tonghua Finance: Sihai Finance released a new financial product, Xingli No. 1, which blatantly offered to lend 80% of the funds to Sihai Real Estate at no interest, leaving only 20% for stock investment, but also promised to give customers a guaranteed return of 6% after one year, with a maximum return of 10%. Such blatant fraud is completely treating people as fools. Sihai Real Estate has such a huge debt hole, and people all over the country know that the 80% interest-free loan will never be returned. It really is that you want his interest, and he wants your principal.

Subsequently, media and self-media such as Financial News, Economic News, Real Estate News, and Dahong Finance followed up and criticized the issue of Xingli No. 1's 80% interest-free loan.

Under normal circumstances, dozens of media outlets and numerous self-media accounts would criticize Xingli No. 1 for lending 80% of its funds to Sihai Real Estate at no interest, which was a blatant attempt to defraud investors, and Xingli No. 1 should not be able to be sold.

but!

The reality is just the opposite.

Before getting off work, the 1 billion quota of Xingli No. 1000 was sold out.

Investors simply ignored the overwhelming criticism and responded strongly with their actual actions.

Chen Chao called Yang Chen excitedly, and he said excitedly: "Haha... Mr. Yang, Xingli No. 1 is sold out, and it is not affected by those media and self-media at all. I originally thought that such a large-scale financial product would take many days to sell, and with their large-scale mischief, it might take even longer to buy it all, or even not sell it all. Now I know that I was worrying too much. With your golden signboard, Mr. Yang, there is not enough to sell."

Yang Chen smiled and said: "Those idiots are just doing useless work. With my cooperative relationship with several banks, the scale of 1000 billion is not enough for them to share. No one knows my strength better than the five major banks. They dare to buy as much as I issue. Otherwise, why do you think I want to make money with the banks? I have planned to this point a long time ago. Sihai Real Estate’s direct financing loan is definitely hopeless, so I formulated this strategy to obtain funds."

Chen Chao flattered him again, "In the end, it's because Director Yang is so amazing. Everyone recognizes and trusts you, otherwise it wouldn't be sold out so quickly. There are still many customers who haven't bought it, and they asked us if we will continue to launch such financial products in the future. How should I respond to them?"

Yang Chen explained: "Investment in the stock market must be done slowly. Too much money cannot be digested at once. If we cannot fulfill our promise of returns to customers, that will be a bad thing. We must increase the launch, but we have to take some time. We can't let all the funds be cashed in a short period of time. If that happens, the financial pressure will be very great, and it is very likely to explode."

Chen Chao quickly said, "I understand. I'll find an excuse to keep the client. You go ahead and do your work."

As soon as the call was hung up, the bank presidents called Yang Chen again.

"Hey, Mr. Yang, are you going to launch other similar financial products? We have trillions of deposits that we can't lend out. Do you think you could use all of them to invest?" said Zhao Kun, president of ICBC.

Yang Chen said speechlessly: "Are you crazy? Aren't you afraid that I will run away? Where are you going to invest trillions of dollars? Even if you use it all to buy mud, you can buy the local mud at a sky-high price."

Zhao Kun smiled awkwardly and said, "I understand this. Banks are having a hard time right now. Residents' deposits have been increasing, but loans cannot be made. Every day when we open our eyes, we lose interest on our deposits. We have to find some opportunities to invest and make money. There is no better way to invest than Mr. Yang's financial products. I hope Mr. Yang will issue more to save our bank."

I'm crazy.

Save the banks, what a niche term this is in Dragon Country.

“Fuck, stop being so hypocritical with me. Let’s see later. I have to make enough money from the first phase before I can launch the second phase. I can’t make any mistakes now. I have to be cautious with every step.” Yang Chen said.

Zhao Kun said, "Okay then. Then we have a deal. When you launch the second phase, you must reserve at least 500 billion for me in advance. If it's less than this, our relationship will fade."

Yang Chen smacked his lips helplessly, and said: “You… don’t make things difficult for me. If you ask for so much, other companies will definitely call me and ask for so much later. Where will I invest all this money?”

Zhao Kun smiled and said, "If it doesn't work in China, you can invest abroad. We can lend you our accounts to use as you like. Don't worry about being embarrassed by foreigners if you make too much money. We will help you. As long as the diplomatic relations are not severed, no one will dare to touch our legal assets."

That’s true, but you still have to take it step by step and not overwhelm yourself by receiving too much money at once.

"Let me take a look. Hang up now. President Wang of Longguo Bank is calling again." Yang Chen said.

Zhao Kun quickly said, "Okay! Then I won't bother you anymore. I'm hanging up."

The phone calls kept coming in every day, and Yang Chen was almost becoming a telephone customer service representative.

Seeing that Yang Chen received 1000 billion funds in one go, Liu Yaming, chairman of the Golden Mantis Group, called him.

"Mr. Yang, you have made so much money recently, please give us some back. The pressure is really too great," said Liu Yaming.

“The money I earn is my personal asset and cannot be confused with the company’s assets. You should understand this. I have already tried to save Sihai Real Estate. Once Sihai Real Estate comes back to life, there will be hope for you to repay your debts.” Yang Chen replied.

"Didn't you just inject 3000 billion into Sihai Real Estate? Please take out around 50 billion from it and return it to us for emergency use. Can I call you dad? I really can't take it anymore." Liu Yaming said, and it sounded like he was about to cry.

Yang Chen smiled and said, "You call me dad, then do you listen to me?"

Liu Yaming immediately said: "Listen! You must listen!"

“Okay, listen to Dad and don’t ask for it for now.” Yang Chen said.

Liu Yaming: "..." Yang Chen explained: "Okay, okay, stop joking, be serious. The most important thing now is to resume the construction and delivery of all the unfinished projects, so that the frozen funds can be unfrozen, the ban on land acquisition can be lifted, and Sihai Real Estate can survive. You think 50 billion is not a lot of money, but this 50 billion can allow a community that only needs landscaping and other work to be delivered to complete the final project, and smoothly deliver it to the owner. If you think of a way to hold on for another year or two, I promise that I will give you a few more for decoration in the subsequent new buildings. Okay?"

Liu Yaming was silent for a moment, then he sighed and said, "Okay, okay. Then you have to keep your promise and give me a few more new projects to work on."

Yang Chen smiled and said: "I must keep my promise. After all, he is my son. If I don't favor you, who should I favor?"

Liu Yaming: “Haha…”

After hanging up the phone, Yang Chen let out a long sigh.

Yang Chen injected 3000 billion to revitalize Sihai Real Estate's business. Once Sihai Real Estate is revived, it can make money to repay debts. He did not inject capital into Sihai Real Estate to repay debts. How could he repay a debt of trillion with his investment?

At this time, the system issued a reminder.

"It has been detected that the host refuses to repay the debt to the Golden Mantis Group. The system rewards the host with the [Super Basketball Coach] skill, effective immediately."

In an instant, countless figures playing basketball appeared in Yang Chen's mind, and after a moment, everything returned to normal.

The system was really considerate. As soon as Yang Chen formed a basketball team, it immediately gave this useful reward.

With this reward, Yang Chen can make the Sihai Basketball Team a team that shocks the world like the Sihai Football Team.

the other side.

Huo Qiuyan, chairman of Baoli Real Estate, is talking on the phone with Yu Hongliang, chairman of Wangke Real Estate.

"These people are crazy. We spent so much money warning them that there was a big scam in Xingli No. 1, but they still bought up the 1000 billion financial products." Huo Qiuyan said angrily.

Yu Hongliang sighed and said, “They trust Yang Chen’s investment ability too much. 20% for investment is just a five-fold increase, which is not a big deal for Yang Chen.”

Huo Qiuyan also sighed, thinking that so much public relations money was wasted.

However, they would definitely not give up easily, and would continue to find ways to put pressure on Yang Chen and force him to cancel the policy of distributing dividends to owners.

……

Chen Yulong, president of Sihai Sports, came to Yang Chen's office.

"Mr. Yang, according to your instructions, the Sihai basketball team has been formed. You can go to inspect it at any time." Chen Yulong said.

For Yang Chen, sports is not the core, the core is to earn endorsement fees through sports.

“Let’s go and take a look. It’s a good opportunity to stretch our muscles.” Yang Chen said with a smile.

Sihai Sports restarted its previous basketball division and carried out emergency repairs and upgrades on the basketball training ground.

However, it is not enough to qualify for admission to the LBA, they must have a home stadium.

This was no problem for Yang Chen, he could solve the problem with just one phone call.

Soon Yang Chen met all the members of the basketball team, 15 players, a coaching staff of 5, a trainer of 10, a nutritionist, a team doctor, and other logistical support personnel.

According to Yang Chen's requirements, this group of players are all under 20 years old, and all of them have signed 15-year contracts with the club. This basically guarantees that they will not be able to go to other clubs to play after their contracts expire. Otherwise, if Yang Chen trains them and they go to other clubs to play in the future, it would be a bargain for other clubs.

This group of players have good physical fitness. They can play in fast break lineups as well as positional lineups. Yang Chen is very satisfied with them.

"Let's go to the training ground and I will start training you. My time is limited, and each of you must study hard. You only have one chance. If you perform well, you will become a starting player and make a lot of money in the future. If you don't perform well, you can only be a substitute and can only ensure that you have food and clothing." Yang Chen said very frankly.

Chen Yulong said quickly: "Everyone should cherish the opportunity to be trained by Director Yang himself. The Sihai Football Team was able to defeat the Sakura Team after Director Yang's special training. This is the only chance to change your destiny. Everyone should do their best."

The players' expressions became visibly serious.

The physical fitness of these young people is only better than that of ordinary people in Longguo, but it is still far behind that of NBA players.

Therefore, the techniques and tactics that Yang Chen taught them were all imitating those of the Warriors during their peak period. They tried to avoid physical confrontation as much as possible and solved the problem by running to create open shots.

This requires everyone on the court to shoot accurately, otherwise the tactics cannot be implemented.

The top priority of Yang Chen's training for them is shooting in various situations, fixed-point shooting, running and catching the ball and shooting, shooting under physical confrontation from the opponent, etc.

At around three o'clock in the afternoon, Yang Chen finished training and returned to the office.

Yang Chen called Wang Wenkang.

"Hello, Mayor Wang, the Sihai basketball team has been formed. We now need a home stadium. Can you help us get it?" Yang Chen said.

Wang Wenkang quickly replied, "No problem! I'll renovate and expand the basketball court in the city gymnasium for you to use. Is that okay with you?"

Yang Chen smiled and said, "Sure! As long as we have a home court, it will be fine. I'll leave it to you to follow up. I'll contact the NBA to come play a friendly match with us."

Wang Wenkang laughed and said, "Really? You want the NBA to send a team to play a friendly match with the newly formed Sihai Basketball Team? Will they agree to that? Besides, can the team you just formed beat the NBA team?"

“Then you are underestimating my team. These brothers are very hardworking and the training effect is very good. I am not only training them in technology, but also in tactics. I can definitely train them in a short time. You should pay close attention over there and don’t delay our use of the competition venue.” Yang Chen said.

Wang Wenkang smiled and said, "No problem."

Real Madrid will come to play in a few days. All the hotels and guesthouses in Jiangcheng City have been booked these days. These are all economic benefits.

If the NBA can send a team here to play, and Jiangcheng's tourism economy can continue to grow, these will all be political achievements.

It is no exaggeration to say that whatever Yang Chen wants now, the Jiangcheng City Government will give him.

At this time, Chen Xi came over.

"Mr. Yang, many clubs in Europe called and said that visas are difficult to get. Player visas, fan visas, all are difficult to get. Many fans want to come and watch the game, but they can't get a visa. They hope that we can think of a way to solve this problem." Chen Xi said.

The country has very strict restrictions on visas, and it is indeed difficult for ordinary foreigners to get a visa.

Yang Chen thought for a moment, then said to Chen Xi: "You reply to them, I will solve the visa problem."

Chen Xi nodded, turned around and went back to the office to reply to Europe.

Yang Chen called Jiangcheng Mayor Huang Zhenhua and explained the visa issue.

Huang Zhenhua said: "Oh, this is indeed a big problem, and it is a big problem that I cannot solve."

Yang Chen smiled and said: "In addition to the football friendly match that has been scheduled, I will soon invite NBA teams to come over for preseason games. If many foreign fans can't come because of visa issues, wouldn't that be a pity? This is what I think. Many foreign media spread rumors and slander us day by day. Why not take this opportunity to open up the visa-free policy and let foreign fans come to watch the game and see what the real Dragon Country looks like? In this way, foreigners will not be misled by their media, they will have a real understanding of our Dragon Country, and more foreigners will come to travel here in the future, and we can also develop international tourism. Even if foreign tourists are only allowed to transit visa-free for a few days, it will be fine."

Huang Zhenhua felt that Yang Chen’s idea was good and could indeed be tried.

"Wait for my news." Huang Zhenhua said.

Yang Chen smiled and said, “Okay, please, I’ll wait for your news.”

In the evening, when Yang Chen was about to go home after get off work to enjoy life, Adidas chairman Hebner called him.

"Hey, Mr. Yang, something big has happened. I just received news from the brokerage firm. Goldman Sachs, Citigroup, Morgan Stanley, Merrill Lynch, Tiger Fund, Bear Stearns, Vanguard, and BlackRock are all shorting our stocks. With so many institutions taking action at the same time, it seems that they are determined to drive our company's stock price to the ground this time. They must have seen that Mr. Yang bought our company's stock, so they mobilized so many institutions to short our stock price at the same time. Mr. Yang, you must help me." Hebner said anxiously.

Yang Chen smiled and said, "Don't talk nonsense, I also bought Nike, why don't they short Nike?"

"Nike is the Bald Eagle family's own company. How could they short Nike?" Hebner replied.

Yang Chen immediately said: "That's it? They shorted your company because you are easy to bully, it has nothing to do with me. I made some profit after buying Adidas, and now I just need to sell it. You can fight them slowly."

Hebner quickly said, "Mr. Yang, don't be like this. You can't just ignore us. How about this? As long as you help us to defend our stock price, Adidas will sponsor your basketball team. How about that?"

It would definitely not be possible to ask Yang Chen to help for free, but giving him benefits was another matter.

Yang Chen smiled and said, “Fuck! Don’t these financial bandits know that Adidas is my partner? If they touch Adidas, they are touching me, I will never agree! This is intolerable! Mr. Hebner, you can rest assured, I guarantee that Adidas’ stock price will not only not fall, but will also rise to more than 100 Eagle Coins after they complete the short selling procedure.”

(End of this chapter)