Chapter 145: Kindly remind

Chapter 145 Kind reminder

Inviting Shen Bi to the office, Chen Yi asked, "Manager Shen, do you like coffee or tea?"

This is a bit unnecessary, but Chen Yi knows that Shen Bi is a hand at China, so drinking tea and coffee is fine.

"Drink tea. I have been in Asia for more than 20 years, and I am used to drinking tea. I only drink a cup of coffee when I am tired from work."

"In your Chinese language, it's called doing as the Romans do, haha..."

Chen Yi turned his head to look at Ma Qingqing who followed, and ordered: "Mr. Ma, help me get the tea that I brought last time."

Shen Bi kept looking at Chen Yi's office with his eyes. Seeing that his office was not as luxurious as he wanted, he couldn't help but feel more impressed with Chen Yi.

He has dealt with many Chinese businessmen. For the office, the Chinese have a kind of paranoia, that is, to be as luxurious as possible, so as to show their status and wealth.

In addition, many people also like to put a row of bookshelves in the office to show how knowledgeable they are.

However, in Chen Yi's office, except for a desk and a coffee table and sofa for entertaining guests, there is not even a picture on the wall of the office, let alone any bookshelves, antiques and other objects.

It can be seen that the young man in front of him has a strong self-control ability, and he has not lost himself because of the huge wealth he has obtained in a short period of time.

People generally find it difficult to control themselves in the face of wealth. With Chen Yi's background, if it is someone else, after he obtains a huge wealth, he will definitely show his worth in front of outsiders.

However, Chen Yi did not have his nostrils upturned, defiant, and show himself everywhere like a nouveau riche.

"Manager Shen, please drink tea."

"Thank you." Shen Bi picked up the teacup, took a sip of the tea, aftertaste it, and said, "This should be Wuyi rock tea. Last time I was lucky enough to taste it at Mr. Li's place."

Chen Yi said lightly: "I personally don't have much research on tea, but this tea is indeed obtained from Mr. Li. Last time he came to my place because he didn't have good tea for him, so he asked someone to give me some. , I don’t drink much on weekdays, it’s specially used to entertain guests.”

Wuyi rock tea is an oolong tea, known as the king of teas. It is produced in Wuyi Mountain, which is "the best in the southeast of Qixiu". The tea trees grow in the cracks of the rocks, so it is called Wuyi rock tea

Wuyi rock tea has the fragrance of green tea and the sweetness of black tea. It is the best of Chinese oolong tea and one of the top ten famous teas in the inland area.

Wuyi rock tea is a semi-fermented green tea, the production method is between green tea and black tea, among which Dahongpao is famous all over the world.

However, Dahongpao is too precious, not to mention that there is no channel to obtain it, even if there is a channel, it is not something that can be bought with money.

There is a saying how to say

‘What money can buy, it is cheap. ’ And many things inland are not cheap, even if you have money, you may not be able to buy them.

"Chen Sheng, we can talk about business now. I don't know if you need help from HSBC. If it is a loan, I think it is not a problem based on the operation of your Dafeng Toy Factory."

Chen Yi stopped what he was doing, looked at Shen Bi and asked directly: "I wonder if Manager Shen has paid attention to the fluctuation of international crude oil prices recently?"

Before Shen Bi finished speaking, Chen Yi interrupted: "Recently, I have been paying attention to the situation in the Middle East. Now the atmosphere there seems to be very tense. A big war may break out. Once a war breaks out, then"

Shen Bi: "Chen Sheng means that if a war breaks out in the Middle East, then the international crude oil price will rise sharply?"

Chen Yi nodded and said, "That's what I mean."

Shen Bi pondered for a while, then raised his head, and asked, "Then what kind of help does Chen Sheng want HSBC to provide you?"

"I want to use HSBC's branch in the island country to help me purchase crude oil contracts in the island country market. I have prepared 200 million Hong Kong dollars in funds, which can be remitted to the HSBC bank account at any time."

"Of course, HSBC Bank needs to provide a little leverage in the middle. The specific amount can be determined by HSBC Bank."

Shen Bi heard that Chen Yi wanted to buy more international crude oil, and also prepared two Hong Kong dollar funds, and he couldn't turn his mind for a while.

Two hundred million Hong Kong dollars, do not tear up twenty million, two million.

To be honest, Shen Bi was a bit prepared, but he didn't expect Chen Yi to play so big. Two hundred million Hong Kong dollars, plus leverage, the funds involved are not small.

But after all, it was the general manager of HSBC Bank. Shen Bi calmed down after a brief surprise.

Shen Bi kindly reminded: "Chen Sheng, I need to remind you that according to past wars in the Middle East countries, the impact of wars on international crude oil prices is not great."

"International crude oil prices are not in the hands of oil-producing countries in the Middle East, but in the hands of the seven major international oil companies. They control global oil prices. Therefore, no matter what the Middle East countries do, as long as the seven major international oil companies do not want to price, then the price of international crude oil will not fluctuate too much.”

Chen Yi nodded and said: "Of course I know this. Now I just want Manager Shen to give me a clear answer. Is HSBC willing to take over the funds in my hand?"

Seeing that Chen Yi was unwavering, Shen Bi did not talk nonsense, showing a professional smile and said: "Such a large cooperation, of course HSBC Bank will not refuse, what I said just now is just to remind you, Chen Sheng, that the final decision is in your hands Above all, HSBC can provide Chen Sheng with all the help it can provide."

“I don’t know how much leverage HSBC can provide me?”

"It all depends on how much appetite you have, Chen Sheng. As long as there is no problem with your margin, Chen Sheng, HSBC will dare to give you any leverage."

"What is the minimum margin?"

"The minimum is 10%. Once it exceeds, Mr. Chen, you need to call for a margin, otherwise the bank will force liquidation to reduce losses."

According to a 10% margin, which is equivalent to 10 times leverage, then his 200 million Hong Kong dollars can buy 2 billion crude oil contracts.

However, 10 times leverage is too risky. The unit price of oil is three dollars, and 10 times leverage means that once the oil price falls by 3 points, he has to call for margin.

Ten times of leverage is too risky, especially since international crude oil prices are still in the hands of the seven major international oil companies. Once the war breaks out and the seven major international oil companies deliberately and secretly suppress oil prices, he may fall into it.

Be careful to sail the boat for ten thousand years, it is still five times more secure, even if there is an accident, he still has the funds of Dafeng Toy Factory to back it up.

——

(end of this chapter)

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