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Chapter 42 Buying Stocks

Based on this, Chen Aiguo and others have been conscientiously protecting Yang Chen and Xue Yufei for more than half a year after Yang Chen left the Xue family.

Although there is a reason why Xue's father gave them wages, but it is another matter for ordinary people to work hard with the money.

For more than half a year, Yang Chen and Xue Yufei had not been harassed once, let alone in any danger, because of the dedication of Chen Aiguo and others.

Therefore, this time when Yang Chen came to Kuwait, he specially brought Chen Aiguo and others with him, firstly for his own safety, and secondly to let them get used to the feeling of going abroad.

In the future, Yang Chen will not be able to stay in Xiangjiang forever. Going abroad is definitely unavoidable. Let a few people go abroad to experience it first, so that it will be more convenient for them to go abroad in the future.

After exiting the hotel gate, Yang Chen saw two black cars parked at the door.

This is specially prepared by the hotel for guests like him. With the hotel's pick-up and drop-off service, Yang Chen doesn't have to get familiar with Kuwait.

He and Chen Aiguo got into the car in front of them, gave the name of HSBC Bank, and then sat in the back seat with their eyes closed and meditative.

After a few minutes, Yang Chen and his party arrived at the HSBC Kuwait branch.

After getting off the car, I walked into the Kuwait branch of HSBC. As soon as Yang Chen and his group appeared, someone greeted them.

"Mr. Yang" was walking towards Yang Chen. It was Cheng Jianming, the stock investment manager of HSBC Kuwait Branch who had collected information for Yang Chen two days ago and had met Yang Chen.

"Manager Cheng" Yang Chen saw Cheng Jianming appearing and seemed to have been waiting for him, so he quickly reached out and shook hands with him.

The reason why Yang Chen chose Cheng Jianming was for no other special reason, just because he was a Chinese and could also speak Mandarin.

After shaking hands with Yang Chen and saying hello, Cheng Jianming smiled and said: "Mr. Yang, everything is ready. We are just waiting for the market to open today. For the stock you need, we will help you complete the transaction in the shortest possible time."

Cheng Jianming was a little confused about the young man in front of him, and he didn't understand why Yang Chen came all the way from Xiangjiang to buy shares of a company far away in the Middle East.

At that time, after receiving a call from the Xiangjiang headquarters, he thought it was some wealthy person from Xiangjiang who had nothing to do and came here to play tickets.

Unexpectedly, when he received Yang Chen, he was a little dumbfounded by Yang Chen's youth. Fortunately, Cheng Jianming had worked as so many managers and faced many different kinds of people.

After being surprised for a while, I didn't think more about it.

Originally, he thought that he needed to educate Yang Chen about the stock market situation in Kuwait, but he didn't expect that Yang Chen had no interest in it at all.

After I first asked him for a large list of listed companies and companies waiting to be listed, I never visited the bank again. Even if I had questions, I would only make a phone call to ask.

For a moment, Yang Chen's behavior made Cheng Jianming a little confused and confused.

However, after two days of observation, Cheng Jianming somewhat understood one thing, that is, Yang Chen came here with a purpose, and the purpose was very clear.

For customers like Yang Chen, Cheng Jianming is also very relaxed. He only needs to follow the other party's requirements and doesn't need to worry about anything else.

After the transaction ends, it doesn't matter whether Yang Chen makes a profit or loses money. Anyway, as soon as the transaction ends, the bank takes the money and he gets the bonus.

Such customers belong to the bank's favorite category, because no matter whether Yang Chen makes a profit or loses, the bank has no losses. The only thing it needs is to provide channels and manpower.

The channels are existing, and the required manpower expenses are also paid for by Yang Chen. This kind of making money on the side, banks naturally do their best to accommodate.

In a blink of an eye, the time came for the opening of the Souk al-anakh exchange. With Yang Chen's prior instructions, a dozen traders did not need to wait for Yang Chen to speak. After seeing the Gulf Industrial Development Company's listing and issuance of stocks, they immediately started buying.

Less than twenty minutes of trading time passed, and all the six million US dollars prepared by Yang Chen were spent, followed by a single stock of Gulf Industrial Development Company.

"Mr. Yang, the transaction has ended." Ten minutes later, Cheng Jianming came to Yang Chen with a stock transfer contract.

Yang Chen took the order handed over by Cheng Jianming, glanced at it, and asked: "Manager Cheng, what is the current stock price?"

"Twenty-eight dollars per share, almost tripled in less than thirty minutes." Cheng Jianming spoke in a very indifferent tone, as if he had become accustomed to this, and did not show any excitement.

"We purchased a total of approximately 750,000 shares for Mr. Yang, and the average transaction price was around US$16.

In other words, Mr. Yang, you have already made 4.5 million US dollars in this transaction. I believe that based on the growth rate of any company, Mr. Yang's stock can at least increase several times."

Hearing this, Yang Chen secretly laughed in his heart, how many times? Next, this stock will not only increase several times, but soon, it will not be enough to increase dozens of times. Where is it now?

When I thought about the other company's issuance of three million shares, I only acquired a little more than one-tenth of the other company's issued shares.

Yang Chen couldn't help but ask Cheng Jianming: "Manager Cheng, I don't know if I can get a loan from your bank. Of course, I can use the stocks in my hand as collateral."

"This" Hearing this, Cheng Jianming frowned slightly. According to bank records, Yang Chen had already applied for a loan at HSBC's Hong Kong headquarters.

Although according to the value of the stocks Yang Chen currently holds, it is not too much to get a loan from HSBC.

However, because senior executives of HSBC are somewhat worried about the crazy behavior displayed by the Souk al-anakh exchange, they have always been stricter about this type of loans.

Now that Yang Chen proposed to use stocks as collateral for a loan, he couldn't refuse it rashly, so he explained: "Mr. Yang, to tell you the truth, our bank has always been worried about the souk al-anakh transaction. Regarding the loan proposed by Mr. Yang,

Our bank also has a strict review system, so”

After hearing this, Yang Chen thought for a moment and said: "Manager Cheng, if your bank is worried, we can write in the contract that I will repay the loan within two months. Once I fail to repay the loan within the stipulated time, your bank can directly

Receive the stocks I pledged to your bank."

Seeing Yang Chen's insistence, Cheng Jianming smiled bitterly and said: "Since Mr. Yang insists, I can help you apply to the superiors. As for whether the superiors will agree or not, I dare not guarantee Mr. Yang in advance."

After Yang Chen signed the stock transfer contract, looking at the stock that would be worth close to 200 million in one month, he smiled at Cheng Jianming and said, "Okay, then I'll wait for your call, Manager Cheng."

Cheng Jianming nodded and said: "Okay Mr. Yang, I will give Mr. Yang a clear answer at noon tomorrow at the latest."
Chapter completed!
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