My Age of Investment

  Chapter 112 Negotiation

For First Securities, whose client asset management scale is only more than one billion US dollars and its annual revenue and net profit can reach tens of millions of US dollars, the loan of 10 million US dollars can be regarded as a huge sum of money, and they cannot be careless. .

  For the five major investment banks on Wall Street, this level of loans is also a medium-sized list, and there is no need to look at the top Boss.

  However, First Securities, which mainly serves the Chinese community, is obviously not so proud. The five executives discussed it and finally reported the matter to the chairman Liu Jinhang, who will make the decision.

  Liu Jinhang did not express his position directly, but asked the woman among the five executives to bring Xia Jingxing and Andrew to his home in Pacific Heights for an interview in person.

  Revisiting the old place, Xia Jingxing felt a little emotional.

  Some time ago, he also met Li Guanfu and Yang Zhiyuan here.

  It’s just that he basically only moved around on the lawn outside the mansion, and was not invited to enter the room, because that was the treatment only for VIPs.

   Entering the room this time, he realized how luxurious the interior of this building is.

  Furniture and furnishings such as carpets, chandeliers, sofas, coffee tables, etc., are all carefully studied, and all reveal a sense of luxury and luxury.

  Under the guidance of a domestic servant, Xia Jingxing, Andrew, and the female executive entered a living room.

  Liu Jinhang has been waiting here for a long time. As soon as he saw Xia Jingxing and the other two, he stood up to greet him, smiled and greeted them, and shook hands with the two separately, with a warm attitude and no air.

  He greeted the two of them to sit down at the tea table in the meeting room, and after making tea for the two of them, he slowly said:

  "Mr. Xia, our First Securities is also responsible for this matter, so you can rest assured that we will not evade the responsibility that we should bear.

  First Securities is based in the Chinese community, relying on its reputation and the support of its compatriots! We will certainly not do things that break our own brand. "

   deserves to be the chairman of the board, this is a level of speech.

  Being able to make the company such a big business, Xia Jingxing would not believe that the other party is a good one, and smiled lightly: "Mr. Liu is worthy of a respected senior in the Chinese business community. Your heart and tolerance are worthy of learning and admiration for our end-of-schoolers."

  Liu Jinhang smiled and said nothing.

He is not a banana person. He grew up in Wanwan until he was 30 and came to the United States. He is still familiar with some Chinese culture. He also pays attention to peace as the most important thing. Otherwise, he will not meet Xia Jingxing personally to discuss, just go to the lawsuit directly. , But it is far from necessary.

  Lived to this age, and worked hard in the mall for many years, the natural person was so mature. Through the negotiation content conveyed by several executives, he basically guessed Xia Jingxing’s true intention: just want to borrow a sum of money.

   Then contact Xia Jingxing's 50 times the income earned on NetEase. It is not difficult to guess where the money is going. Most of it is a stock that is worthy of bottom hunting.

  In addition, he has read the background information of Xia Jingxing and is very interested in this person.

  An 18-year-old student from mainland China, who has just arrived in the United States for less than a year, founded an Internet company with a valuation of more than 100 million yuan, and rejected Google’s acquisition...

  For securities investment, he seems to be very proficient.

  Before Xia Jingxing and the others came, he specially pulled out NetEase's stock price trend chart to take a look, and then compared Xia Jingxing's start and timing.

  He judged that this very successful investment may have a certain element of luck in it, but it can also be seen that Xia Jingxing's vision is unusual.

  Furthermore, Xia Jingxing is leveraged. If he is not confident enough, he would definitely not do so.

  This also shows that it is not all luck.

  Of course, it is also possible to be a bold gambler, but it is unlikely.

  He carefully analyzed what happened before and after NetEase’s stock price rebounded.

  Financial fraud and the Internet bubble, NetEase’s stock price fell to the bottom and was on the verge of delisting.

  At this time, leverage is added to rush in to buy bottoms, either a gambler or a sufficient understanding of NetEase and his own judgment.

  Combined with the success of Facebook, he believes it is the latter. This kid must have some unique insights into the Internet industry and see the potential of NetEase.

   is both a stock marketer and a new entrepreneur. At this time, Xia Jingxing was labeled "Young Talent" by Liu Jinhang.

  If Xia Jingxing can persuade him, he is still willing to lend such a large sum of money. In addition to reconciling the tax issue, he can also reap a favor.

  But the premise is that the repayment of this loan must be guaranteed, and the loan must be guaranteed to be collected.

  After all, the businessman is in the lead, and he is not the one who opened the shantang.

  "Mr. Xia, I can consider your loan request, but you must tell me which target stock it is."

  Liu Jinhang thinks that Xia Jingxing has taken a fancy to another Internet stock with potential. If there is real potential, First Securities will not mind following it.

  Of course, if they want to invest, they will certainly not blindly follow the trend. They will still conduct a risk assessment.

  Xia Jingxing is impossible to disclose, at least not at the moment. He shook his head, "Sorry, this is not convenient for the time being, you will know it directly after I buy it.

  If First Securities is also optimistic, you can also invest a sum together. "

  Be careful to think that it was broken, Liu Jinhang did not feel embarrassed at all, and did not deliberately explain.

   smiled and said, "Okay, let's not talk about this topic. In fact, I agree to this loan in principle, but I still have some doubts about the collateral-Facebook equity."

  "Please specify!"

   Liu Jinhang asked about the details of Facebook’s rejection of Google’s acquisition and the establishment of cooperation with Amazon.

  Xia Jingxing did not conceal anything. To win the trust of others, he must show some sincerity and tell everything truthfully.

  When he heard that there were more than three million US dollars in cash on Facebook, Liu Jinhang smiled and said, "This Internet is really fast!"

   "Doesn't Mr. Liu know the Internet well? First Securities launched the website a few years ago, and few brokerages had this vision at the time."

   Hearing Xia Jingxing’s flattery, Liu Jinhang felt a little proud, but he didn’t show it on the face.

  At that time, he was the first to launch a securities trading website. Many people in the industry were prepared to read jokes, but they were all beaten up in the end.

  The investment of First Securities on the Internet can be regarded as quite successful and laid a solid foundation for the company's rise in the next few years.

  Don't look at his old age, but his thinking is not out of date. He knows that the Internet is a good thing and has a future.

  Liu Jinhang nodded slightly, “Yes, this industry is undoubtedly very efficient for information transmission. Just go for this and it’s worth the investment.”

  He paused, and continued to smile: "I mean, if, if the money lent to you by First Securities fails to invest, how do you plan to repay it?

  Haha, I speak more directly, Mr. Xia must not be surprised. "

  Xia Jingxing smiled, “It is intended to examine the borrower’s repayment ability and repayment protection. How can I be surprised?

  The value of Facebook’s equity is assessed by the market.

  If the investment fails, I will sell my Facebook equity to repay the debt.

  If First Securities is not interested, the venture capital agency on Sandhill Road should take over.

   50% of Facebook’s equity, valued at US$20 million, can also be sold for US$10 million.

  This valuation factor is quite low, only 20% of the current valuation of 100 million.

  In addition, through the cooperation with Amazon, Facebook can earn at least US$30 million in revenue in the next year.

  I’m not just talking about it. Facebook can provide relevant contracts and company records for your due diligence and audit. "

  Liu Jinhang nodded slightly, “I’ve seen news reports from Facebook, campus social networking sites, very good ideas, and a company with great potential.

  But what if the company has a problem?

  Mr. Xia, the loan you want is three years, a very long period of time, and everything can happen in three years.

  The repayment promise you made is also based on the smooth development of Facebook. "

  Xia Jingxing shrugged and said with a relaxed expression: "It makes sense, but even God cannot guarantee 100% safety and zero bad debt rate for loans."

  Liu Jinhang thought for a while. He is not against the Internet and knows its value, but Facebook is still a little weaker after all.

  If it weren't for the venture capital in the market to offer a valuation of 100 million US dollars, and Google for tens of millions of dollars to buy, he would not be prepared to borrow this money.

  In order to reduce the risk, he proposed: "How about a smaller loan amount, $5 million, and a shorter term, one year."

  Xia Jingxing thought for a while, in a year's time, Amei should be released from bankruptcy protection, right?

  This is a foreign company. His understanding is relatively less than that of NetEase. He only knows that the stock price will skyrocket in the future.

  But it is not so clear when it comes to a certain year and month.

  "One year is one year. After one year, if Facebook develops better, can the loan be extended?"

  Liu Jinhang nodded, and said simply: "Yes! This is not a problem at all."

  "The loan amount of five million is a little bit less, can it be more, how about eight million?"

  Xia Jingxing still didn't give up, so he fought for more.

  Liu Jinhang shook his head and laughed, “Young man, even if you are optimistic about this stock, don’t bet all your chips.

  Because everything can happen in the stock market!

  You are still young, there are still many chances of success in the future. "

  Xia Jingxing listened to this, and estimated that it was almost at the top.

  Because my collateral is not enough to maintain the value, and there is still a bargaining chip in it to give up asking for compensation. Otherwise, it is estimated that the loan of five million US dollars will not be obtained.

   sighed, "Okay, let's do it!"

  Liu Jinhang nodded and smiled, knowing how to advance and retreat. His evaluation of this young man was so high.

   "Happy cooperation!"

   Liu Jinhang got up and stretched out his hand first.

  Xia Jingxing smiled and shook hands with the other party to make peace.

   was originally a trouble, but being turned into an opportunity by herself, Xia Jingxing was generally satisfied.

  What he lacks most now is the principal. Even if it is borrowing, as long as he can get it, he can earn money far exceeding the interest countless times.

  Because Xia Jingxing was in a hurry, he signed the loan contract on the same day, and then issued a certificate indicating that he had waived the responsibility of First Securities.

  It's just that the loan hasn't arrived yet, First Securities sent a due diligence team to Facebook, and we need a simple diligence.

  After the completion of relevant procedures such as equity pledge, etc., the loan can be completed.

  Xia Jingxing entrusted Liu Jinhang to deal with it urgently, and the other party also agreed. The procedures should be as simple and quick as possible, but some necessary steps still cannot be saved.

  Although the media has a high opinion of Facebook, and Xia Jingxing has also made it rare in the world, Liu Jinhang must see it as believable.

Let the foreign girl and the little dog cooperate with the people of First Securities to do their due diligence. At the same time, they entrusted the task of re-filing the tax to Andrew and his friend who is a tax accountant. Xia Jingxing took the first flight of the day back to China and was in the magic city. After a turnaround, he finally returned to Rongcheng.

  (End of this chapter)