Chapter 536: Adding insult to injury
After two stock market crashes, Nagashiki Bank's share price has fallen to around 1,000 yen.
Compared with the peak period of 20,000 to 30,000 yuan per plant, the stock price has shrunk by nearly 20 to 30 times.
In fact, it is not just China Everbright Bank that has seen its share price shrink. The share prices of all financial institutions are falling.
The stock market crash of banks, securities, and real estate institutions was caused by the sharp drop in their stock prices.
The financial industry was the first to be hit, which then triggered a chain reaction that affected the entire stock market.
But in comparison, China Merchants Bank's decline is still a little greater than that of other major banks.
After all, their selling of EIE International's shares has revealed their inner weakness.
However, after Shirakawa Kaede's efforts, Changyin's share price of 1,000 yen could no longer be maintained .
Just two days later, when the Tokyo Stock Exchange reopened, the price had risen to more than 600 yen.
The stock price was nearly halved again, and the already tight operating situation of Changyin Bank was made even worse.
Originally, due to the bad debt problem, Changyin Bank also planned to issue additional shares for public fundraising to ease internal financial pressure.
Now, let alone public offerings, existing stocks are beginning to be disliked by shareholders and investment institutions.
There was a heated debate within Long-Term Credit Bank over this matter; some wanted to seek help from the Ministry of Finance, while others wanted to cooperate with other banks.
However, before they could reach a conclusion, the outside media once again dealt a heavy blow to Changyin.
In its column, the Nikkei Shimbun directly revealed the inside story of Long-Term Credit Bank's crazy lending to EIE over the years.
In addition to these revelations that were revealed along with the report, there were also cases where EIE bribed executives of the National Bank of Japan and officials from the Ministry of Finance to drink and prostitute.
Faced with these accusations, the Ministry of Finance had not yet responded, and Chang-Gin Bank was the first to jump out and deny them.
When faced with reporters' questions, the bank's president, Horie, shook his head without even thinking and said that this was not the case at all.
Looking at the senior executives of Changyin who denied it flatly on TV, Baichuan Feng couldn't help but sneer.
They always behave the same way in their daily lives. As long as the scandal has not been exposed, they will try their best to cover it up.
This is true for the government and large institutions, they are all in the same vein.
"Oda, let's make an appointment with Mr. Takahashi Osunori from EIE International."
Assistant "Hayi" Oda immediately picked up the phone and began to arrange relevant matters.
In response to the actions taken by Chang Hsin Bank, Shirakawa Kaede and Arai Hiroshi originally planned to complete the merger of Chang Hsin Bank within two years.
Because of the special background of the other party, the time is actually very tight.
Of course, if Changyin can take the initiative to cooperate, this time can be shortened further.
Look, didn’t Mr. Horie on TV take the initiative to hand over the knife?
Is there any insider trading between Changyin and EIE? Actually, there is no need to ask this question.
During the madness of the neon bubble, there were only a few financial institutions that did not engage in insider trading.
Now that Changyin has solemnly denied it, in order to accelerate its collapse, of course it is necessary to slap it in the face in a timely manner.
If one wants to force Chang Yin into a desperate situation, its huge debts alone are not enough.
Its long-established "heavy and heavy" image is still deeply rooted in people's hearts, so destroying people's confidence in it is also one of the necessary ways.
However, using media means to slap Changyin in the face may not be so effective.
In comparison, the most impactful thing is for the person involved to tell his or her own story.
Takahashi Oshinori, this Yingqing boy, he wants to make good use of him.
…
In a cafe in the Chuo District, Takahashi, dressed in elite attire, saw Shirakawa Kaede waiting leisurely in a private room, and immediately greeted him enthusiastically.
"Shirakawa-san, I'm so sorry to have kept you waiting."
Takahashi, who is over 40 years old, is indescribably respectful and humble towards Shirakawa Kaede, who is nearly 20 years younger than him.
Nonsense, can't you show some respect?
Sitting here is the head of the Shirakawa Zaibatsu and the highest decision-maker of the Kitato Bank.
While other big banks are stuck in the quagmire, only Kitato Bank remains as stable as ever.
Just two days ago, it was revealed that all the funds for the construction of Toyota's new generation of production line equipment in Southeast Asia were guaranteed by loans provided by Kitato Bank.
Although the two companies did not release specific figures, outside estimates put the loan amount at at least 500 billion yen.
While Japan's financial industry was completely wiped out, Kitato Bank was able to easily take out 500 billion, which shows how strong it is.
What is EIE International lacking the most now? Of course, a large amount of funds.
Since Changyin gave up taking over EIE, the latter's ongoing projects around the world are almost on the verge of suspension.
So when Takahashi Oshinori heard that it was Shirakawa Kaede who wanted to meet him, he immediately put aside what he was doing and rushed over.
Seeing the attentive look of the person in front of him, Baichuan Feng smiled and nodded, "Takahashi-san, please take a seat."
"Hai~" Takahashi first bowed and nodded, then sat down properly.
"What's the current situation of EIE International? Is everything going well?" Baichuan Feng went straight to the point and put the topic directly on EIE.
Recently, the media has been reporting on it one round after another.
Besides, with Baichuan Feng's current status, he can ignore some so-called courtesies.
"Uh..." Takahashi looked slightly embarrassed when he heard his question.
But thinking that these things were not a secret, he nodded calmly.
“We have encountered some minor difficulties, but as long as we raise enough funds, EIE will soon return to its previous profit margins.”
After saying that, Takahashi looked at Shirakawa Kaede with longing, and that naked look in his eyes almost had the word "borrow money" written on his face.
"Is that so? That's really good." Baichuan Feng praised nonchalantly.
He knew what the other party was thinking, but he had no intention of responding.
Seeing this scene, Takahashi couldn't help feeling a little disappointed.
What on earth did Mr. Shirakawa want to ask him about? Since he wasn't planning to lend money to EIE, was he planning to buy out the mess he had?
If that's the case, that would be really great.
Takahashi has made up his mind that as long as Shirakawa Kaede asks, he will sell it no matter how low the price is!
EIE nowadays can’t even make money, but it should be thankful if it doesn’t lose everything.
"Has Changyin completely given up its support for EIE?"
When Takahashi heard Shirakawa Feng asking about Changyin's situation, his eyes lit up.
"Hai, the 20% stake has been fully absorbed by the market. EIE is now completely free."
Takahashi misunderstood and thought that Shirakawa Kaede was trying to understand the capital behind EIE.
Therefore, he also specifically pointed out that EIE is now completely ownerless.
Just waiting for someone else to take over... Oh no, it's taken over.
However, Baichuan Feng's next words shattered his fantasy.
"Without the support of Changyin, EIE's future will not be very good."
"Uh" Takahashi's face froze. This... seemed to be different from what he thought.
But since the topic has come to this point, Takahashi might as well get straight to the point.
He crossed his arms and placed them flat on the table, looking straight at Baichuan Feng with a serious look.
“Mr. Shirakawa, most of the EIE projects are nearing completion.
With just one final refinancing, these projects can be officially completed and start making profits.
It will definitely be a loss for Changyin if it abandons us, so would you consider EIE?
Please rest assured that both the interest and the shares of EIE are negotiable.
We are just one step away from success!"
I have to say that Takahashi is worthy of being a graduate of Yingqing. Even at this point, he still did not give up struggling.
When they see any hope, they will rush at it regardless of the consequences.
Facing his eager eyes, Baichuan Feng calmly picked up the coffee and took a sip.
During this period, Takahashi's eyes followed him closely, not missing any moment.
“It’s not like there is no solution to the EIE funding problem.”
"Shirakawa-san!..." Takahashi was so excited that he almost stood up.
"Mr. Takahashi, please be patient for a moment. There is a question that I have always been curious about." Baichuan Feng turned his gaze back and looked at him quietly.
"Please go ahead~" Takahashi straightened his posture and became more respectful.
“Is the information reported in the Nikkei Shimbun about EIE, Nagao Bank, and officials of the Ministry of Finance true?”
With a click, Takahashi straightened his body subconsciously, while staring at Shirakawa Kaede motionlessly.
"Shirakawa-san, why do you care about this?"
Did EIE bribe people from the National Development and Reform Commission and the Ministry of Finance? Of course it did! But can this issue be raised openly?
Baichuan Feng said yes! He asked without any disguise.
Facing Takahashi's vigilant eyes, Shirakawa Feng smiled.
“Credit Group 2, to which Tokyo Credit Union and Anquan Credit Union belong, is currently selecting a chairman.
Are you interested in this position, Mr. Takahashi?"
Credit Team 2? Chairman? Takahashi Oshinori was stunned at first, but then he reacted immediately.
Although these two financial institutions are not as strong as large banks, their combined strength is no worse than that of ordinary medium-sized banks.
If I were to become its chairman, wouldn't EIE's funding shortfall be...
Takahashi cleared his throat and his heartbeat quickened uncontrollably.
"Mr. Shirakawa, you..." Takahashi opened his mouth but didn't know how to start.
Obviously, Baichuan Feng hinted at this position, which means he must be confident about it, so what does he need to pay?
Is it EIE's shares? Or...
"Hori of Nagashiki Bank was so dishonest that he lied to the public to cover up what he had done.
This is not the behavior of a bank head, don't you think, Takahashi-san?"
Takahashi Oshinori's body shook, and he looked at Shirakawa Kaede opposite him in disbelief, his eyes filled with shock.
Changxin Bank? Shirakawa Zaibatsu? Takahashi suddenly didn't dare to think about it.
However, facing his uneasy eyes, Baichuan Feng seemed to say something insignificant.
"If you are interested in becoming the chairman of Credit Group 2, Mr. Takahashi , please contact me. Here is my business card."
Baichuan Feng took out a business card from his pocket, pushed it forward, and prepared to get up and leave.
"Shirakawa-san!"
The moment he turned around, Takahashi Oshinori called out to him.
Facing the look that Shirakawa Kaede was looking back at him, Takahashi answered word by word, "I'm very interested."
Baichuan Feng smiled.
…
In August, the Neon government held a parliamentary meeting to discuss the recent financial situation and economic environment.
At this conference, facing questioning from the economic research group.
EIE's president Takahashi bluntly spoke out the various facts within the group and between Changyin Bank.
Bribery, rebates, excessive receptions, etc., all were revealed like beans pouring out of a bamboo tube.
Looking at Takahashi who looked like he was ready to give it his all in the National Diet, and Horie who looked livid below, Shirakawa Kaede's lips curled up slightly in his seat.
