Chapter 149: Offshore Finance

According to Huang Fengwen's original plan:
Even though they held Kintetsu Group bonds, when it came to dismantling, dismembering, and squeezing every last drop of profit from this behemoth,
they were far too inexperienced compared to a seasoned giant like Jiangjin Group.
Single-handedly trying to swallow this huge pie perfectly was incredibly difficult, practically hellish!
Therefore, selling the Kintetsu bonds at an attractive price and then withdrawing was the most perfect and safest scenario for them.
After all, professional tasks should be left to professionals.
Thus, Fanghuan Investment's ideal choice was to sell all of its Kintetsu Group bonds to Jiangjin Group.
Then, Jiangjin Group, this tiger, would personally intervene, tearing the already dying Kintetsu Group to pieces and feasting on it.
And they, in turn, could pocket bulging wallets and make a fortune.
This situation could be described as a win-win.
“But speaking of which, Hao,” Huang Fengwen said with a wry smile,
“I really didn’t expect you to dare to ask Qin Han for double the price…tsk tsk, impressive!”
Su Hao rubbed his nose and smiled apologetically, “Brother Huang, was I a bit too ruthless?”
“Ruthless! Absolutely insane!” Huang Fengwen sighed, then smiled knowingly,
“But, this isn’t the first time you’ve done this.”
"Back then, every time you offered a price, it seemed unbelievable, like a pipe dream.
But damn it, the weirdest thing is, every single time, you actually managed to get those impossible prices!"
Su Hao scratched his head, somewhat embarrassed, and said,
"Sorry, Brother Huang, I really should have discussed this with you first.
The situation was urgent, and Qin Han suddenly asked me to make a price offer. I was just thrown in at the chance, it was a last-minute decision."
"Hahaha!" Huang Fengwen laughed loudly upon hearing this,
"That guy's shrewd! He knew asking me was useless, and the final decision would still be made by you, so he simply skipped me and went straight to you!"
Although Huang Fengwen complained, he didn't seem to really take it to heart, clearly used to Su Hao's unconventional and eccentric style.
“However, my only worry is,” Huang Fengwen frowned slightly,
“Will Qin Han really accept your double price?
Three hundred billion! That's not three hundred dollars!
And I feel that things are getting increasingly murky; something's not right.”
The Kintetsu Group is now surrounded by enemies.
Not only is the Jiangjin Group, a formidable force in China, eyeing it covetously, but even Japanese powers like the JR Group, which have a history of conflict with the Kintetsu Group, are taking advantage of its misfortune, eager to devour it.
It's fair to say that the Kintetsu Group is on the verge of collapse, with several gleaming knives at its throat; it's just one step away from utter ruin.
But at this critical juncture, the situation has subtly shifted!
Several international investment funds suddenly appeared out of nowhere, jumping out under the guise of "saving the company from its predicament," claiming they would "rescue" the Kintetsu Group from its dire straits.
"Tch, those guys aren't any better!" Huang Fengwen spat, saying disdainfully.
"To put it bluntly, they're just jealous of Jiangjin Group's desire to monopolize the Kintetsu Group's huge pie and want a piece of the pie!
You know, the Kintetsu Group is currently experiencing cash flow problems and can't raise that one trillion yen to repay its debts anytime soon.
But all the land and fixed assets it holds are real hard currency; selling just a few pieces would be enough to live on for generations.
Those things are highly sought after!"
Those suddenly appearing international funds are not some benevolent saints offering to save the Kintetsu Group from its crisis.
Their goal was exactly the same as Jiang Jin Group's—
They both wanted to tear a chunk of flesh from the dying behemoth that was Kintetsu Group!
They were a pack of purebred financial hyenas!
"So, Jiang Jin Group needs to think twice," Huang Fengwen analyzed.
"If they're not careful, and those disruptive international funds pay off Kintetsu's debts, they'll have lost everything."
Su Hao frowned slightly upon hearing this: "So, does that mean our bonds are becoming a bit of a hot potato?"
"Exactly! We've gone through all this trouble, setting traps and putting on a show; if we end up with nothing, we'll be losing a fortune!"
That's why a new olive branch was quietly offered to them.
“A 30% premium! That's the highest price those new international funds offered,” Huang Fengwen said. “They want us to sell them the bonds we hold.”
Those international investment funds that suddenly jumped into the game, stirring up trouble, announced they were willing to acquire the “Kintetsu Group” bonds held by Fanghuan Investment at a price 30% higher than face value.
But there's something strange about this—
This offer didn't come directly from those international funds, but rather through a financial firm called “Mossack Fonseca Law Firm.”
“Mossack Fonseca Law Firm, ever heard of it?” Huang Fengwen asked.
Su Hao nodded.
Of course he'd heard of this law firm; it was one of the top three offshore financial services and law firms globally, very famous.
“Offshore finance,” simply put, is using globally renowned “tax havens” for capital operations.
For example, the Cayman Islands, Panama, and Singapore are all well-known tax havens.
Law firms like Mossack Fonseca specialize in connecting wealthy individuals with companies in these locations for so-called "legal tax avoidance."
On the surface, the term "tax haven" often evokes images of illegal activities and carries a murky connotation.
However, in reality, most so-called "tax avoidance" conducted through offshore finance is not illegal.
At most, it involves exploiting loopholes in the tax laws of various countries, constituting a form of "tax saving" rather than blatant "tax evasion."
The core issue is that tax laws vary greatly from country to country, and there are always loopholes to exploit.
As long as you operate within the legal framework, you can save a significant amount of money in taxes.