Rebirth 76: Industrial Internet Empire

Chapter 344 The Irresistible Temptation

"David, after much thought, I still feel that your Melo Bank is not suitable to participate in this short selling of other people's sovereign currencies, so be it! Take the Bangkok branch as an example, you should focus on collecting savings at high interest rates, and get the Thai baht After that, part of it was hedged at Citibank and HSBC, and part of it was converted into U.S. dollar assets in the name of raising funds from the group headquarters, waiting for further instructions..."

After Yang Mo pondered for a long time, he decided not to let Merlo Bank personally end up participating in this short-selling plan in Southeast Asia. After all, Merlo Bank is a commercial bank and will need to operate locally in the future. It needs to maintain the interests of all parties. We cannot learn from hedge funds and carry out this kind of financial attack that kills the goose and seizes the egg!

As soon as David Silva left, the phone on the coffee table rang.

"Mr. Yang, Mr. Sheta from Shang Sirui heard that you came to Bangkok somehow and wanted to see you..." Han Xinyuan's voice came from the microphone.

"How did he know that I came to Bangkok?" Yang Mo asked displeasedly.

"I'm not sure. Maybe because of business relationships, some senior executives of Zhiyuan Real Estate have close ties with the company and have frequent contacts!" Han Xinyuan explained.

"Then let him come over!" Yang Mo said after thinking for a while.

Yang Mo was originally going to politely decline his request to meet in order to avoid leaking the news, but then he thought about it, doing so would be superfluous and self-defeating. It would be better to meet this future Trump-style amateur political star in Thailand to see if he can Foresaw a crisis?

An hour later, there was a gentle knock on the door...

"Mr. Yang, I am Sheta, the CEO of Shang Sirui. I accidentally learned that you came to Bangkok to inspect the work. You happen to have some issues with the company's development strategy. I want to report to you. Sorry to bother you..." As soon as Sheta entered the door, he said Said in Chinese respectfully.

"Mr. Sheta, thank you for your hard work! Shang Sirui has developed well in the past few years. You deserve most of the credit. If you have any ideas, just say it. No need to be so polite..." Yang Mo waved his hand and said with a smile.

"Mr. Yang, I have heard some market rumors in the past two days. It is said that several Japanese real estate companies are quietly selling land parcels that they have not had time to start construction on. Zhiyuan Real Estate seems to be preparing to sell some projects. I don't know if the group headquarters has any plans to sell them. Does Shang Sirui have any specific guidance or suggestions?" He asked hesitantly.

Yang Mo chuckled and said: "When Zhiyuan and Shang Sirui signed the cooperation agreement, they promised that Zhiyuan Group would not interfere with Shang Sirui's normal operations..."

"Does anyone have any suggestions at the decision-making level?" He asked still unwilling to give up.

After Yang Mo pondered for a moment, he shook his head and said: "These Japanese real estate companies in Bangkok should all have experienced the bursting of the Japanese real estate bubble. It is said that once you are bitten by a snake, you will be afraid of well ropes for ten years. If there is a slight disturbance, they will have a bigger reaction. It makes sense…”

"What about Zhiyuan Real Estate Company?" he asked in fear.

"Zhiyuan International Company is due to the strategic transformation of the group headquarters, investing in e-commerce and computer software and hardware industries to raise funds for the headquarters..." Yang Mo explained calmly.

There was a relaxed expression on his face. It seemed that he was overly worried. As the major shareholder of Sansirui, Zhiyuan Group would at least notify him if it judged that there was a large bubble in the real estate market and was ready to evacuate.

Thinking of this, he was completely relieved. He took out a stack of documents from the briefcase he carried with him and handed it to Yang Mo.

Yang Mo flipped through it casually, and the smile on his face disappeared...

"Mr. Yang, is there something wrong?"

Yang Mo frowned and asked: "Such a high asset-liability ratio? If there is any trouble, Shang Sirui's ability to resist risks will be worrying! Why are there still US dollar-denominated trust funds?"

He explained: "We also want to have another channel to obtain funds. Anyway, the Thai baht uses a fixed exchange rate, and the interest rate of US dollar-denominated trust funds is lower..."

After carefully reading Shang Sirui's financial statements, Yang Mo couldn't help but sigh with emotion. It seemed that Zhiyuan Group's investment in Shang Sirui was somewhat counterproductive and was not helpful. Being able to easily obtain financing from Melo Bank gave Shang Sirui a snowball. General Development Plan.

He is indeed a business wizard. Give him a little sunshine and he will shine. With the endorsement of Merlo Bank, he has maximized the financial leverage. Through repeated mortgages, he has established businesses in Bangkok, Pattaya, Phuket, and Chiang Mai. Several large and medium-sized cities have launched more than a dozen projects at the same time.

According to Sansirui's current asset-liability ratio and the ratio of foreign trust funds, once the real estate market bubble bursts, Sansirui will not be far away from bankruptcy and liquidation. It is a high probability that this future Thai political star will fall early...

Yang Mo was caught in a dilemma. If he did not intervene in Shang Sirui's decision-making in advance, Shang Sirui might suffer a break in the capital chain and implicate the parent company in the future, causing considerable losses to Zhiyuan Group.

To come to the rescue at this time and sell off the projects held by Shang Sirui may reveal his intentions in advance and bring uncontrollable factors to the entire plan.

"Mr. Yang, are you not satisfied with Shang Sirui's management?" He also saw Yang Mo's dilemma and asked cautiously.

Yang Mo squeezed out a smile and chuckled: "Satisfied...how could I be dissatisfied? Maybe it's because Zhiyuan Group's management style has always been like this, more than stable but not aggressive enough..."

At this moment, Yang Mo's mind went back and forth, and he finally made the decision to give up on Shang Sirui. He must not be a woman's benevolence and ruin the overall plan for a small loss.

He still noticed Yang Mo's strangeness and said with some anxiety: "Mr. Yang, I know that Shang Sirui's current stall is indeed a bit big. The wild expansion may bring some risks to the company. I will deal with it as soon as possible. Some asset-heavy projects will reduce the overall asset-liability ratio!”

Yang Mo chuckled and said: "Mr. Sheta, you don't need to care too much about my opinion. When we first cooperated, we promised that Zhiyuan Group would not interfere with Shang Sirui's operations. This promise is still valid! You may not know, I came to Bangkok this time mainly to exchange some views with you about the idea of ​​Sansirui and Zhiyuan Real Estate Company to jointly expand overseas..."

"Overseas expansion?" She asked in confusion.

Yang Mo nodded and smiled bitterly: "Shang Sirui's stall in Thailand is too big. I'm afraid he won't have the energy to explore the North American real estate market with Zhiyuan Real Estate Company in a short time. With such a high asset-liability ratio, it will also be difficult." Listed on the New York Stock Exchange..."

"Listing on the New York Stock Exchange?" He was breathing heavily. If it can really be listed on the New York Stock Exchange, and with the support of Zhiyuan Group, it will become a high probability that Sansirui will take the top spot among Southeast Asian real estate developers in the future. event……