My goodness, how much money could be made if this were to be realized! Thinking of this, Tofsky's breathing quickened, his heart filled with excitement.
"Dear Chen, I can do this business, but what about your payment method?" He needed to clarify the details, primarily because he hadn't dealt with this Chen Sancang before, and only felt he could be trusted for now.
This transaction involved a huge sum, leaving no room for error. One mistake could directly jeopardize the family's status.
Fortune favors the bold. If the transaction were to be completed smoothly, the family's strength could double.
The fish has taken the bait. Chen Sancang said in a deep voice, "It's like this, China's foreign exchange is always tight, so this time our payment method will be equity in some of China's B-share stocks."
Hearing this, Tofsky's eyes narrowed. He had heard of China's B-shares. They were not in a high position now, but they had been on a continuous decline before, and were currently at a historical low.
"Dear Chen, I don't quite understand this method. Will this guarantee our interests? Are there any trading restrictions on China's B-share stocks?" Tofsky wanted to be clear.
"That can absolutely be guaranteed, not a problem at all. The transaction will be conducted according to securities rules, and the interests are absolutely guaranteed. China's B-shares are currently at a historical low and will soar in the future. If we had foreign exchange, we wouldn't choose this option."
"Then why don't you make the move first, exchange for foreign exchange, and then give it to us?" Tofsky asked the question in his heart. He had always been the hunter, he didn't want to be pecked by the goose.
"It's like this, we have issues with opening our fund accounts, so we can only use this method. Direct trading would cause inconvenience, so we can only transfer it abroad. If Tofsky is not interested, then we will have to discuss it with someone else, after all, you know the situation of China's B-shares." Chen Sancang explained patiently.
It was a whole lot of smooth-talking. Anyway, China was getting better and better, and there had been a lot of action recently.
China was vigorously clearing up historical issues, and then the valuation of B-shares should converge with A-shares. If that were the case, trading B-share equity might not be a bad idea.
Tofsky nodded heavily. After hearing Chen Sancang's words, he was tempted, but he did not show it.
"How about this, dear Chen, I need to go back and discuss it. You know, this order is a huge sum, and I can't be careless."
Seeing Tofsky's expression, Chen Sancang knew that this was done. He couldn't push Tofsky too hard, for fear of things changing.
After Tofsky returned, he found his sister Tofnava. "I met a Chinese kid today, and he seemed very interesting."
"Brother, you know I'm only interested in Zhang Tianxing and nothing else," Tofnava said indifferently.
"Don't be like that, dear sister, I need your wisdom. It's like this, the other party wants to trade with us using equity in China's B-shares. This transaction is a huge sum, so I'm a bit unsure."
"China's B-shares?" Tofnava fell into thought. As a top student in finance, she naturally understood the stock market.
B-shares were currently at a historical low, and there shouldn't be any major problems.
China was in a state of recovery and reconstruction, and if there were no problems, it would definitely move to a higher level.
However, the stock market was afraid of a rug pull.
"Brother, what's the total market value of the equity? Is it a specific B-share stock, or multiple stocks?" Tofsky wanted to clarify this.
Manipulating one stock was easy, but multiple stocks were not so easy.
She didn't believe that the other party could perform a rug pull on multiple stocks. It seemed that this matter could be manipulated, and if handled properly, the profit would naturally not be small.
"He said multiple stocks. Sister, can this be done?" Tofsky looked at Tofnava eagerly.
Seeing her brother's expression, Tofnava smiled, "Brother, you clearly have your own ideas, yet you still come to me for advice. I think this matter can be done, but you need to pay attention to the timing of your actions. We can afford to earn less, but we cannot afford to lose money, because the amount you mentioned is too large."
Tofsky laughed. Yes, two hundred million US dollars.
Although this amount would not cause the family to perish, losing this amount would deal a fatal blow to the family.
Tofsky immediately settled the matter. "Dear Chen, I agree to your terms. When can we start the transaction?"
"We can start anytime on our end, as soon as you have the goods ready," Chen Sancang said calmly, inwardly bursting with laughter. It seemed this Tofsky was a complete fool, rushing to make money without considering who was in charge in China.
Little guy, you want to make more money? As long as you prepare enough goods, I'll give you enough equity.
Upon hearing Chen Sancang's words, Tofsky's heart bloomed with joy. "Okay, I will need about ten days to prepare that batch of goods. I will then hand them over to you, and you can directly ship them to China."
The sooner the better, for fear of the cooked duck flying away. Opportunity knocks, he couldn't fall behind.
"That would be best. I can transfer the equity to you on the same day, and you can handle the procedures directly," Chen Sancang said with a smile. Speed is of the essence; delay breeds change. Now, he was only afraid that Tofsky had a wise advisor by his side.
The two laughed heartily, happy about this transaction.
"To our pleasant cooperation!"
"Cheers!"
The two laughed heartily.
Chen Sancang received unanimous praise from his subordinates.
"Brother San, that's great. I didn't expect this matter to be so simple in your hands."
"This Russian still wants to make money from us, Brother San. If we give them the equity, will we profit or lose? I don't understand this."
Hearing his subordinates' flattery, Chen Sancang nodded with satisfaction, lit a cigarette, and took a deep puff, saying with a contented smile, "It's right that you don't understand. If you all understood, then there would be no place for me."
"Brother San, tell us, we are very curious. Brother Long doesn't seem like a businessman. Brother Long only invested in the company."
Many of the subordinates laughed. It was evident that Brother San was in a good mood. A little more flattery might lead to a bit more spending money for the evening's activities.
"Get lost! How can you speak like that, still gossiping about Brother Long? You've got some nerve," Chen Sancang said with a scolding laugh. These subordinates were meant for charging into battle, and he couldn't tell them too much.
All of them, not a single one could keep a secret.