Chapter 740: Calculating the Chiba Bank

"Close the door!'

Xia Yu commanded Wang Qi after he entered.

Wang Qi stopped, closed and locked the door, then sat down next to Liu Tianci, who had arrived earlier, and quietly looked at Xia Yu.

'What's the situation with Chiba Bank?'

Xia Yu leaned back on the sofa and asked straight to the point.

The Chiba Bank mentioned by Xia Yu is a regional bank on the island country. The bank went public in 1971 and is a constituent stock of the Nikkei 225 index.

Chiba Bank is headquartered in Chiba Prefecture, the largest bank in Chiba Prefecture,

which is an important part of the Tokyo metropolitan area, one of the three largest metropolitan areas in the island country. Located in Tokyo Bay, Chiba Prefecture ranks 28th in land area among all prefectures in the island country, and 6th in population.

Chiba Prefecture is the most important industrial concentration area in the island country, but it is also the place where Chiba Bank occupies 40% of the market share of loans and more than 25% of the market share of various deposits in Chiba Prefecture.

In addition, the Chiba Bank also has branches in Osaka, New York, London, and Hong Kong.

But it is precisely this bank that Xia Yu has set his sights on, because it has an extremely special point—it has not been infiltrated by any of the island's six major consortia!

In other words, there is no consortium behind it!

This kind of bank is an excellent acquisition target!

Needless to mention that in later generations, the Chiba Bank's assets reached one hundred billion U.S. dollars, ranking among the world's two hundred largest banks.

So without saying a word, Xia Yu formulated an acquisition plan against it.

Wang Qi sat up straight, a smile involuntarily appearing on his face, and he reported aloud, 'Chairman, this time, we sold off $1.2 billion worth of gold futures to Chiba Bank. Now that the international gold price has dropped to $738 an ounce, Chiba Bank has lost $152 million on the gold futures.'

'Now the Chiba Bank has been trying to unload it, but no institution will take it.'

Upon hearing this, Xia Yu couldn't help but laugh.

The current situation of international gold futures is clear at a glance, and it has been falling. Under these circumstances, it's too late to run, and no institution will be crazy enough to take it again.

After laughing, Xia Yu continued, 'What about foreign exchange?'

Wang Qi replied, 'As for foreign exchange, I'm not sure how much foreign exchange trading Chiba Bank was involved in because it involves so many secrets, but as far as I know, Chiba Bank has lost at least 100 million US dollars!'

The current losses are 152 million US dollars in gold futures and 100 million US dollars in foreign exchange, which is 252 million US dollars!

Last year, Chiba Bank's annual net profit was less than 100 million US dollars!

This is equivalent to losing more than two and a half years' net profit. If this news were to be made public, the share price of Chiba Bank would absolutely plummet, and no amount of stop-losses would be able to stop it.

Speaking of the share price, Xia Yu looked at Wang Qi and asked, "What about the share price?'

Wang Qi said, "Because they are keeping the news so tightly under wraps, the outside world is still unaware of the full extent of their losses, but we have sold some of our shares, so the share price of Chiba Bank has fallen a little.'

'We borrowed 17% of the shares to short sell, and have now cashed out 12%. The remaining 5% have all been bought, and we are ready to go!'

Xia Yu immediately praised, 'Good, since you are ready, don't wait any longer, just do it!'

'Spread the news of the loss of the Chiba Bank, but don't rush to close the net. According to my judgment, there is a high probability that the price of gold will plummet this month, and it may even fall below 600!'

'When you feel the time is right, launch the takeover. I hope I can hear good news from you when I'm in the United States!'

After saying this, Xia Yu looked at Liu Tianci and Wang Qi with burning eyes.

The two men nodded solemnly in agreement.

Next, the three men discussed the details a little more before Wang Qi and Liu Tianci left happily.

The preparations for the acquisition of the Chiba Bank had taken more than half a year, and now the time had finally come to reap the rewards.

The plan had a very high success rate, and it could be said that this time, Jiuding Bank would extend its tentacles into the island nation and own a top-notch regional bank.

Once the Chiba Bank was acquired, Xia Yu would have his own top-secret base, and the security of his operations in the island nation would be greatly enhanced.

...

Xia Yu's character is such that if he doesn't plan, he doesn't act, but if he does plan, he plans the whole thing.

Even the Chiba Bank in the island country was outwitted by him, not to mention the Standard Chartered Bank and the Royal Bank of Scotland, which he had targeted long ago.

What's more, the vast majority of the gold futures that Xia Yu had speculated in were London gold futures, with a contract value of over 20 billion US dollars.

Even if a quarter of such a huge futures contract was allocated, it would be enough to cripple the Standard Chartered Bank and the Royal Bank of Scotland!

When he arrived in London in a low-key manner, he met Elena at Heathrow International Airport wearing a white down jacket and a pink knitted hat.

In February, London, both the city and the suburbs, were covered in snow. It had snowed heavily the night before, and the snow on the ground was already five or six centimetres deep.

Forklift trucks and workers could be seen everywhere clearing the snow.

'Xia Yu, I'm so happy to see you! Welcome back to the UK!'

Before coming, Xia Yu had called Elena, so the latter had been waiting at the airport for Xia Yu's arrival early. Seeing Xia Yu come out, she couldn't help but joyfully went up to him and kissed him hello.

'Elena, it's been a long time, I've missed you so much! You're exceptionally holy and beautiful today!'

Xia Yu said with a smile.

Elena's pretty face beamed with a smile, and she said joyfully, 'Really? Thank you!'

Xia Yu said seriously, 'Of course it's true. I would never dare to lie to a beautiful girl.'

Elena pursed her lips slightly, looked at Xia Yu carefully, and suddenly stared at him and asked, 'Handsome Mr. Xia, can I know how many girls you have said this to?'

Xia Yu, who was unprepared, suddenly paled.

He was just about to explain when he saw Elena cover her mouth with a soft laugh, her beautiful eyes completing the crescent moon shape.

Xia Yu immediately knew that he had been teased by Elena, and he couldn't help but shake his head, unable to laugh or cry.

At any time, Elena had become quirky, joking with him like this.

But it wasn't bad, Xia Yu was really startled, thinking that Elena's attitude towards him had changed drastically.

Fortunately, the attitude had changed, but only in a good direction, becoming more casual and intimate towards him.

A phrase suddenly came to Xia Yu's mind: 'more than friends, not quite lovers.'

On second thought, it seemed that this was the relationship between him and Elena. There was a membrane that prevented their relationship from going beyond that of lovers.

After laughing, Xia Yu looked at Elena, whose face was flushed from the cold. He arranged her white scarf and said softly, 'Elena, thank you for picking me up. It's so cold, let's get in the car!'

After that, he got into the car next to her, and the air conditioning was on, the temperature was high, so Xia Yu couldn't help but take a deep breath and lean back comfortably.

'Xia Yu, how long are you going to stay in London this time?'

In the car, Elena, who was sitting next to Xia Yu, took off her knitted hat, gently combed her hair, and tilted her head to ask hopefully.

Xia Yu looked at the beautiful face close at hand and the expectant look in those beautiful eyes. He was about to say that he would stay for one or two days, but then he immediately changed his mind and said, 'Maybe three or four days.'

Even though Xia Yu added two days, Irina was still disappointed.

The look of disappointment and regret on her face was unconcealed, making Xia Yu feel as if he had done something wrong, and a faint sense of guilt rose in his heart.

He opened his mouth, wanting to explain and comfort Elena, but he never expected Elena to have adjusted. Her face still wore a bright smile, as if the disappointment and regret just now had been an illusion.

Elena blinked her big eyes and asked with a smile, 'Three or four days is fine. The scenery in London in winter is very beautiful. I know of a few places with very beautiful scenery. Do you have time to go?'

Xia Yu, who already felt a little guilty, immediately nodded with a smile, 'Of course, it is an honour to be invited by such a beautiful princess. I am free no matter what time it is.'

Elena's heart warmed, and she continued chatting with Xia Yu.

The two hadn't seen each other for several months, and although they spoke on the phone every day, they seemed to have endless topics to discuss and never tired of talking.

As they chatted and laughed, the convoy drove through the snow-covered city towards the manor in the suburbs.