Real estate players
Chapter 1206 1244. How powerful are the Chinese?
There are a total of nearly 9,000 banks in the United States. In addition to the largest and most well-known giants such as Morgan, Citi, Goldman Sachs, Wells Fargo, and Bank of America, there are also tier-one assets ranging from billions to tens of billions. Many small banks.
The completely market-oriented industry rules determine that these commercial banks are in fact companies engaged in financial, investment, and lending businesses.
For the company, it is self-evident how important cash flow is.
In fact, there are even many banks in the U.S. that are not performing well, and they barely extend their lives by lending to other banks.
But do these banks have no money?No, the assets they own may be considerable.
But a considerable part of this was the victim of the financial turmoil: before the risk transfer was completed, housing prices fell sharply, so all the debt assets fell in hand.
The so-called "immovable property" means that there is no way to turn it into cash, and you can only use assets to borrow money to survive.
At this moment, Chen Jin suddenly appeared...
In just one month, did the Three-Five Bank earn more than one billion dollars?
On average that year, even if the efficiency will be reduced, there will be at least tens of billions of dollars, right?
Mygod!
That kind of revenue level has already killed most banks!It can be expected that, due to the large-scale realization of debt, in addition to the abundant cash flow, the shares of the 35th Bank also ushered in a large increase for several consecutive days, with a total increase of more than 20%!
And this is the first cooperation between Three Five Bank and Chen Jin...
...
In the recent period, Jay has been busy preparing for the big plan three years later with his uncle Ram Emanuel, and has indeed neglected the management of the bank.
Although I have noticed that my share price has risen all the way, I am only happy in my heart and did not ask the bottom line.
Now that he read the email sent by Jules, he suddenly realized that Chen Jin's first commercial action after arriving in the United States immediately caused a fundamental change in the relationship between the two of them.
It turned out that they believed that Chen Jin couldn't do without himself, and wanted to earn profits and gain greater influence through himself.
However, it now appears that most banks want to cheer Chen Jin's stinky feet, and they have become dispensable characters inexplicably?
Jay's decision was horrified, and he immediately dialed Jules's phone...
"Hey, Mr. President!" Jules quickly picked it up.
"How is the situation now?" Jay asked solemnly, "Did Chen Jin cooperate with many banks?"
Juleston paused and replied earnestly: "No, he only selected banks with large amounts of debt assets in Los Angeles and Jiazhou. He didn't see anyone who came from neighboring states."
"Didn't you take the opportunity to expand?" Jay was a little surprised: "Have you made preparations for the listing?"
"None." Jules replied: "I talked to Chen Jin about this topic. His reason is that the Tiankun company has just been established. Although the first battle was very beautiful, there are still many problems within the company, such as Chinese. The conflict of cultural understanding between the boss and American employees, the construction of corporate culture, and management flaws, etc.
"As for the listing, he said he would wait."
Jay felt a little awe-inspiring when he heard the words.
According to his thinking model as a capitalist, once the company has enough gimmicks and beautiful accounts, it is the best choice to go public and make money.
But Chen Jin didn't do that...Looking at his remarks, it seems that he intends to be an industrial enterprise with peace of mind?
"Mr. President." Seeing that he was silent, Jules reminded him: "I suggest to increase the commission for cooperation with Chen Jin to 10%. This time all the banks have matched the commission quotations, and there are even several The commission has increased to 12%-15%. If we don’t express it, it is very likely that we will be at a disadvantage in Tiankun’s sales sequence."
Jay sighed...
Who would have thought that Chen Jin's sales ability was so abnormal?At the same time, the consumption power of the Chinese really surprised Jay!
He doesn't know about China, except for some official data, what is China now like?He didn't know anything.
This time the failure, in the final analysis, was due to contempt of the opponent and insufficient understanding.
Mindful of this, he could only agree: "Match 10%! If I miss the digestion of tens of billions of dollars in debt every year, I might be kicked out of the board tomorrow."
Jules smiled, admiring Chen Jin in his heart.
To be honest, when he saw the final sales data, he almost fainted in surprise!
You know, this is just the sales performance of a city in Los Angeles, and it can catch up with the revenue of large listed companies.
What if Tiankun Company expands again?What will it look like?
Jules didn't dare to think, he just wanted to be able to hug Chen Jin's thigh tightly.
...
...
With joy and sorrow, the Tiankun company suddenly broke out. The 35th Bank, which had formed a good relationship with Chen Jin in advance, was vigilant. Of course, it was the result of the gratifying acceptance.
However, the Xiti family and the Furui family are not so leisurely.
Fortunately, they secretly joined forces in private, preparing to deal with Chen Jin's sneak attack, but Chen Jin did not play with them at all!
The profit of the Irvine Project of RMB 10 to RMB 20 million is a total joke when compared with the sales of RMB 1 billion in a month.
Not only that, because of the sudden emergence of the Tiankungon company, the entire real estate agency market in Los Angeles and even the entire Jiazhou has ushered in the weird and quiet before the big reshuffle.
Under such pressure, several of Jiazhou's largest intermediary companies have begun to secretly contact, preparing to impose industry sanctions on Chen Jin.
In addition, there was John Brad, who was nearly vomited by Chen Jin at the dinner.
The company he runs is deeply rooted in Los Angeles, but the emergence of Chen Jin is bound to affect the next strategies of many developers.
Even Chen Jin himself is also an experienced developer. Although he is still in the sales field, is it impossible to guarantee that one day he will suddenly come in for fun?
However, no matter how old John planned, he couldn't think of any way to stop Chen Jin.
Chen Jin has actually become a new rich man in Los Angeles, and this process took him only one month.
"How good is this Chinese? If every Chinese is as good as Chen Jin, the U.S. will simply surrender."
Old John could only think so sadly.
However, when the outside world was terrified by Chen Jin's genius performance, Chen Jin was actually facing trouble...
When all the capital forces of all parties took him without even a little solution, a small and humble department became the sharpest needle!