At the City Bank.
Citibank was a retail bank under the company, and its main predecessor was the New York City Bank, which was founded on June 16, 1812.
In 1902, the bank began to expand overseas, opening branches in Singapore, Owl, China, Hong Kong, Japan, Luzon, and India.
At this time, Shanghai naturally had a bank.
However, compared to the banks in Europe, Citicorp Bank was not eye-catching in the entire Shanghai. It could only be considered a mid-tier bank and did not undertake much business.
"I'm sorry, I'm really sorry.”
"Jiang, your fees are too high. If you leverage, the highest you can do is ten times, and you need a deposit of 50,000 yuan!”
Smith looked a little embarrassed.
He didn't expect his bank to be so shameless.
He couldn't even use the 20 times leverage.
"Ten times?"
Jiang Chen frowned slightly.
Of course, in reality, he had already accepted it. After all, his initial idea was only ten times. He didn't really have much demand for twenty times.
As for the 50,000 yuan deposit, it was normal.
The deposit could ensure that the bank could stop losses at any time.
For example, if he used 200,000 silver dollars and ten times leverage, that would be two million silver dollars. If the increase exceeded 3%, he would be forced to close his position.
Under normal circumstances, the deposit was 10%, 200,000, 50,000, or about 25%. It was a little high.
Smith also felt a little embarrassed about this.
"Jiang, this is really a good idea!”
"However, we, Citicorp, can give you 10%. As long as the increase does not exceed 10%, we will not force you to close the position.”
Smith said awkwardly.
"10%, sir. 10% is originally 250,000 yuan. 10% won't be forced to close the position. 20%. If Citicorp agrees, we can start today!”
"If it doesn't work, I think other banks will be happy to take over this business.”
Jiang Chen stood up and spoke.
His expression was extremely decisive.
He looked at Jiang Chen's expression.
Smith's expression changed.
"20% is fine!”
"Jiang!"
His voice sounded a little anxious.
He even agreed immediately.
Jiang Chen gave Smith a meaningful look.
This made the latter feel a little awkward.
Obviously, the bottom line of the bank was not 10%.
However, he did not hesitate.
Time waited for no one. He did not have the time to look for another bank.
After Smith agreed, both parties quickly signed the relevant contract.
"Mr. Smith, I hope that the bank will proceed immediately.”
Jiang Chen said seriously.
Now, rubber had reached its peak and could collapse at any time. Although it had temporarily rushed to 170 pence, it had fallen back to 160 pence.
He believed that it wouldn't be long before it completely collapsed.
By then, it might be too late to enter.
"Alright, Jiang, trust in the business of the City Bank. Your funds will be transferred in today.”
Smith nodded.
He had this bit of confidence.
However, his expression was a little hesitant.
"Mr. Smith, what do you want to say?”
Jiang Chen looked at the hesitant Smith and laughed.
"Jiang, are you sure that the rubber will collapse?”
Smith said nervously. He was going to bet all his worth on it.
Because he started Jiang Chen's stock purchase, he knew how much Jiang Chen earned.
At this moment, Jiang Chen said it would fall, so how could he not be nervous?
"What do you think?"
Jiang Chen smiled and didn't answer directly.
The figure then stood up and walked out of the door.
Smith's expression was completely conflicted.
But it was obvious that Jiang Chen wasn't interested in talking to him.
Some things were obvious, but it was obvious that Ying-chan's current status was just that. The old players in Europe had no intention of bringing him along, which led to the current situation.
He had no intention of interfering.
After all, they were not good people.
How could he care about their lives?
On the way.
The father and son walked.
Jiang Chen looked at his conflicted father and shook his head.
At this moment, he naturally understood what his father was thinking.
Jiang Yuanhua couldn't hold it in anymore.
"Son, you said that rubber is really going to fall!”
He spoke with a hint of apprehension.
"Father, don't you think there's too much good news about rubber now?”
As if he felt it wasn't clear enough, Jiang Chen couldn't help but ask again.
"Some rubber companies in Shanghai, some of them even didn't even plant rubber trees. They just went to Southeast Asia to buy a piece of land and sold the shares of these future rubber trees to investors. A large number of rubber stocks are listed and traded.”
The simple words and content made Jiang Yuanhua's body tremble.
"Then, sister-in-law's?
His words were a little anxious.
Obviously, Jiang Yuanhua didn't care at first because 200,000 silver was nothing to his family now.
However, now that his big brother and the others were involved, Jiang Yuanhua could not help but worry.
Although he was swept out, his feelings were still there.
"Father, if I want to make a fortune, that's my business.”
"The stock market is risky.”
"And Father, do you think Auntie will listen to you if you try to persuade her now?”
Jiang Chen laughed and shook his head.
His words were not nonsense. In a sense, the stock market was like a casino. A person who was caught in a casino would not be caught in it if outsiders could listen to him.
His auntie had spent so much money on it, so he didn't even need to think about it.
"But!"
............
(This is an additional update.)
This book comes from：m.funovel.com。