MTL - Reborn Capital Tycoon-Chapter 136 Funds credited into account

  Chapter 136 Funds Arrived

  Through understanding, in the early 1970s, oil futures had not yet been born, and it was not until after the oil crisis, at the end of the 1970s, that American exchanges launched oil futures.

  After that, countries will gradually launch oil futures,

   In other words, if Chen Yi wants to make money from oil futures, he will have to wait a few more years.

  Of course, without oil futures, it doesn’t mean that you can’t buy more oil. There is a supply and demand for any major commodity in the exchanges of various countries, not to mention the industrial blood of oil.

  Although the exchanges in various countries do not have oil futures, they have crude oil contract transactions similar to oil futures.

  The reason why major exchanges do not have perfect oil futures is mainly because before the oil crisis, the global oil trade was monopolized by the seven major international oil companies.

The seven major oil companies are known as the "Seven Sisters of Petroleum" by the outside world, namely Exxon Petroleum Company, Mobile Petroleum Company, Mobil Oil Company of California, Texas Petroleum Company, Gulf Oil Company and British Petroleum Company, Anglo-Dutch Shell oil company.

They do not have a formal cartel organization (an organization composed of a series of independent companies producing similar products). By formulating a series of individual agreements and supplementary agreements on the basis of the main agreement, the oil production and sales quotas of each company are stipulated, and the division The scope of the market and the maintenance of international monopoly prices.

After the war, the seven oil companies controlled the main oil producing areas, oil refineries, oil fleets, oil pipelines and sales organizations in the capitalist world, and controlled the world oil sales market through their subsidiaries and branches in various countries. Cruelly plundered the oil resources in the Latin America region.

  The oil production it controls accounts for 60% of the entire capitalist world, and the oil supply and demand in almost all countries are controlled by the seven major oil companies.

   That is to say, if you need oil, you only need to find the seven major oil companies.

  Of course, the global oil market is so big, the seven major oil companies only occupy 60% of the oil supply and demand market, and the remaining 40% can still be traded.

  Therefore, oil trading has always existed on exchanges in various countries.

  It was only in the early 1970s that although the industrial economy of Xiangjiang was developing rapidly, its financial aspect was far from the scale of the world's three major financial centers in later generations.

  The oil trading market is limited in scale. If Chen Yi wants to do something, he can only choose exchanges in other places, such as the New York Stock Exchange in the United States, the London Stock Exchange in the United Kingdom, and the Tokyo Stock Exchange in the island country.

  The above three exchanges are currently the world's largest crude oil trading market, and any of them can satisfy Chen Yi's operations.

  Of the three major exchanges, the Tokyo Exchange is the best choice, because it is close enough to the Xiangjiang River, and the demand for imported oil by island countries far exceeds that of the United States and the United Kingdom.

  The island country has no oil output, but its industrial and economic prosperity is second only to the United States. The island country's high dependence on industrial oil has caused the first developed country to bow to the Middle East producer after the oil crisis broke out.

   Doing long oil on the Tokyo Stock Exchange and earning money from the islanders, I can't help being excited just thinking about it.

  Chen Yi doesn't know much about foreign exchanges, so it's impossible for him to go to the island country to buy more oil in a daze with a lot of money in his pocket.

  Furthermore, as the boss of the two companies, it is impossible for him to leave a lot of business in the company and go to the island country regardless.

   I can’t move my body, what should I do?

Simple

   Someone and an organization can help solve it.

  Whether it is this day or decades later, there is a powerful financial institution that is almost omnipotent and ubiquitous...

   Simply put, as long as you have money, as long as you make it profitable, it can provide you with any service you want.

  Yes, this institution is a financial bank that only recognizes money but not people.

  Ordinary people only have one-sided understanding of banks, and ordinary people cannot understand the services that banks can provide.

  However, among the many banks in Xiangjiang, only HSBC and Standard Chartered Bank can be chosen by Chen Yi, because both banks are international banks and have branches in Tokyo.

  The two major banks are strong. Even if they make money, they will share the due handling fee at most, and they will not cheat and smash their own signs.

   Moreover, Chen Yi has now been recognized by Lijia, and the two major banks really dare not confuse his money if they want to gain a foothold in Xiangjiang.

  Chen Yi wanted to use this oil crisis to leave a deep impression on that Shen Daban Wang and establish a personal relationship, so as to gain Shen Daban Wang's favor and future support from HSBC.

  Li Chaoren’s ability to become the richest Chinese man in later generations is inseparable from the strong support of HSBC Bank. Without the support of HSBC Bank, no matter how powerful Li Chaoren is, he can only hide in Xiangjiang to develop his real estate.

  This is not difficult to see from the other rich people in Xiangjiang. Don’t think that everyone else is worse than Li Chaoren. No one is inferior to anyone who can reach the top rich man level.

  What everyone lacks is just opportunities, but with the support of HSBC Bank and the branches of HSBC Bank in various countries, will opportunities be lacking?

  Ding Ding—

  The phone on the desk rang, interrupting Boss Chen's thoughts.

   "Hello, who is this?"

"okay, I get it."

  After hanging up the phone, Chen Yi showed a relaxed smile on his face.

   With 200 million Hong Kong dollars in hand, the funds for long oil are in place this time, and the next step is to wait to get in touch with the Shen Dapan king.

The 200 million Hong Kong dollars was borrowed from Hang Seng Bank and the Bank of East Asia with the shares of Dafeng Toys Factory. Now Dafeng Toys Factory has a monthly profit of more than 10 million yuan. Coupled with the relationship between Chen Yi and Lijia, whether it is Both Hang Seng Bank and Bank of East Asia are willing to lend to him.

   Just in case, Chen Yi split the shares into two on purpose to avoid being envious. As a posterity, Chen Yi will not naively think that people can maintain their nature in the face of interests.

  The so-called loyalty is only because there are not enough bargaining chips for betrayal.

  Bank of East Asia and Hang Seng Bank, the so-called peers are enemies, and Hang Seng Bank is now a subsidiary of HSBC Bank, so it is fundamentally impossible for the two banks to unite.

   In addition, a family mortgages half of the shares, so that even if he mortgages all the shares, there will be no problems.

   In addition, Chen Yi also saved a hand. In order to avoid the 1% chance of failure, Chen Yi did not plan to use the funds in Dafeng Toy Factory's account this time.

  According to Chen Yi’s previous life, he was influenced by the education of his charter father and mother-in-law, so everything can’t be done absolutely. Before making any decision, first leave a way for yourself to avoid accidental capsizing.

  The funds in Dafeng Toy Factory's account are his way out. Even if his 200 million loan is lost, he can retreat calmly and continue to run his two companies in a stable manner.

  ——

  (end of this chapter)