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Chapter 858: 852. Oil Bonds (Seeking Subscriptions and Monthly Votes)

~7 min read 1,319 words

Liu Ming woke up in the morning feeling a bit groggy, but after washing his face with cold water, he quickly sobered up.

To say nothing else, Liu Ming was actually quite good at sobering up.

"Uncle Zhang, Yin Shu, Uncle He, Xiao Qing." Walking into the living room, he saw that Zhang Ran and the others were already eating.

"Woke up so fast? Good tolerance for alcohol," Zhang Ran laughed.

"Hehe, I practiced it in the past, but I really drank too much yesterday; my head still feels fuzzy," Liu Ming said, scratching his head.

Liu Ming had heard Sicheng say that Zhang Ran did not like people who showed off in front of him, so he spoke the truth.

Actually, it was not that Zhang Ran disliked people who showed off, but rather that he disliked people who forced themselves to do things blindly.

Clearly unable to do something, yet doing it by force for the sake of face or other things—that would definitely lead to trouble later.

But if the situation was already imminent and no one else could resolve it, then at that point, it was no longer called showing off.

"Sit, eat something," Zhang Ran said with a smile as he watched Liu Ming still standing on the side.

"Alright, these fried dough sticks taste really good." After sitting down, Liu Ming picked up a fried dough stick and felt the taste was truly excellent.

"How could it be bad? This was specially sourced from back home," Yin Long said with a smile.

These things really weren't arranged by Zhang Ran, but now, no matter where Zhang Ran was, as long as he stayed for a long time, someone would definitely have these things arranged well.

"If you like them, eat more, don't be polite."

After finishing breakfast, Zhang Ran said: "Are you going to the company with us today, or will you rest for a bit and take the opportunity to understand the situation?"

Although Liu Ming really wanted to show his worth immediately, he knew that he was unfamiliar with the place and didn't understand many things. Plus, with Sicheng's reminder, he said quite straightforwardly: "I'll wait two more days; I need to properly understand the situation now."

Zhang Ran smiled: "Fine, how about this: today you go and register your name, then after half a month, you will directly take over from Yin Shu."

"Alright, then I'll trouble Yin Shu," Liu Ming said very politely.

Yin Long smiled: "Come to think of it, I should be the one thanking you; if it weren't for you, I reckon these things would still be dumped on me."

There was no help for it; who made him the most capable person by Zhang Ran's side right now?

If he didn't do it, who would?

There was still a meeting today, and according to the current situation, it probably wouldn't work without spending some time.

However, Zhang Ran wasn't in a rush, or perhaps he had already thought of these things long ago; he also wanted to see exactly how many people were truly standing on his side.

Soon, the group arrived at the Bank Building, and just like yesterday, people arrived one after another until everyone was present.

At this moment, the Luode Xiongmei were no longer in a hurry; they were just waiting to watch the show.

If they didn't intervene this time and Zhang Ran's side had internal strife, that would be for the best.

At nine-thirty, everyone had arrived, and under Baoluo's announcement, the meeting officially began.

"I'll state one thing first: this is the investment manager I've arranged, Liu Ming. Why don't you introduce yourself," Zhang Ran said.

Liu Ming took a deep breath and introduced himself fluently: "My name is Liu Ming, I graduated from Jingcheng University, and I have been engaged in..."

After he introduced himself, many people had strange looks in their eyes; given the current situation, this level of qualification was simply not enough to handle such a job.

However, since it was arranged by Zhang Ran, no one would say anything; what followed was very simple—they voted directly to express their agreement.

"Alright, then let's continue discussing yesterday's matter. How does everyone view the Oil Bond issued by the Swiss Bank?" Zhang Ran asked.

Zhang Ran's current target was the Oil Bond issue, which was also the most important industry of the Rhode Family.

And the main entity behind the Oil Bond issued by the Swiss Bank was the Rhode Family.

As for why it wasn't issued by the South Africa Development Bank, it was because although the South Africa Development Bank had decent strength, it was still not qualified enough when facing the general public and some major countries.

The Swiss Bank was a pretty good choice; of course, this was also because the Rhode Family and the Swiss Bank had a very good relationship.

However, the South Africa Development Bank was not completely uninvolved; the South Africa Development Bank had already become one of the main purchasers of this Oil Bond.

This counted as using the bank's funds to develop the Rhode Family.

But most people had no objections to this matter because the Rhode Family's industrial structure was sound and no problems had appeared.

This was a stable income.

For the bank, it was also a good investment, so naturally, everyone had no objections.

But now, Zhang Ran started making an issue out of this because, recently, this Oil Bond was about to mature.

For many people, not redeeming a bond upon maturity was actually a normal thing; as long as they continued to hold it, they would get whatever returns were due.

Because their contracts already stipulated that if it wasn't redeemed upon maturity, it could continue to be calculated at the interest rate at that time.

Originally, due to the relationship between the South Africa Development Bank and the Rhode Family, they hadn't thought about redeeming the Oil Bond when it matured.

This money was treated as an investment, and no one had any objections.

But now, Zhang Ran suddenly wanted the South Africa Development Bank to redeem the bonds, which directly hit the Rhode Family's Achilles' heel.

Because the Rhode Family had made large-scale investments a year ago, they did not have much cash flow on hand now.

At the very least, they could not handle the redemption of the South Africa Development Bank's bonds and the others.

Of course, if it were just the South Africa Development Bank, they would have no problem, but the South Africa Development Bank was not in their considerations to begin with.

The large amount of funds they had left behind was for the sake of those other bondholders.

If things went poorly, they would also face quite a few problems.

One must know that the bonds acquired by the South Africa Development Bank were not a small amount; five billion US dollars was a very large cash flow for the vast majority of companies.

"I support redeeming the bonds," Luofeide said this calmly, then sat down to drink tea.

He only needed to repeat this sentence every day; he didn't care about anything else, nor could he manage it.

However, Luofeide was still somewhat amazed in his heart; Zhang Ran's schemes were truly beyond words.

First, he attacked the South Africa Development Bank, directly moving in to become a shareholder, and then he got rid of the Rhode Family's Investment Department Manager.

Finally, he started attacking the Rhode Family directly.

If Chalide were still here, then even if this side succeeded, Chalide could still use some means to raise quite a bit of capital.

But now, this path had been cut off by Zhang Ran.

After Luofeide finished speaking, someone spoke up, "Mr. Zhang, this is clearly damaging the company's interests; this bond investment is very high in both returns and stability."

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End of Chapter

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