701, Jiaku: The scorching sun of Xiangjiang(1/2)
At this time in Xiangjiang, with Jiaku and HSBC joining forces, no consortium can withstand such pressure!
So when Li Fushu received a call from Roy Bentley, he already understood that they could not save the Bank of East Asia!
Since the outcome has been determined, there is no need to dwell on the process. Maybe through this transaction, they can seek better cooperation.
This was Li Fushu's decision after hanging up the phone.
Chu Huan put down the phone and said to Xu Yi: "Li Fushu has agreed to sell the shares of Bank of East Asia, but the price will be three times the current share price of Bank of East Asia. Please follow up on this matter!"
Now that Bank of East Asia has passed Chu Huan's acquisition battle, the market value of Bank of East Asia has exceeded 1 billion Hong Kong dollars.
Xu Yi smiled and said: "Three times the price is a bit high, but it is within our affordability. Then I will directly discuss the details of the equity purchase and sale of Bank of East Asia with Li Fushu!"
Chu Huan nodded. He was very satisfied with the price. If he really wanted to force the acquisition, it would be impossible to acquire the Bank of East Asia without a price four to five times the price.
"By the way, if the Li family leaves Bank of East Asia, then do we have to find a suitable candidate in Jiaku to take over Bank of East Asia?"
Xu Yi thought of an important thing. Now that the Li family has agreed to sell their shares in Bank of East Asia, their family members in the management of Bank of East Asia will naturally leave.
Chu Huan said: "I already have a candidate for the position of President of Bank of East Asia, you can just choose the right team!"
Xu Yidao: "Then I will deal with this matter now!"
After Xu Yi left, Chu Huan called Fengwu Securities, and Liu Zhiyuan came to Chu Huan's office after a while.
"Chairman!" Liu Zhiyuan called Chu Huan respectfully after seeing him.
Just last year, Chu Huan's Jiaku had officially acquired Fengwu Securities, a subsidiary of Cao Yunshang's Imperial Fashion Group, so there was no problem for Liu Zhiyuan to call Chu Huan chairman at this time.
"How is the company's situation recently?" Chu Huan asked Liu Zhiyuan with a smile.
Liu Zhiyuan smiled and said: "It's good. We have already contacted Nomura Securities in Japan. With the help of Nomura Securities' channels, Fengwu Securities can now operate securities in Europe, the United States, Japan and other places!"
At this time, Liu Zhiyuan was still very happy.
As mentioned before, there are three big guys in the securities industry in Hong Kong, namely Li Fuzhao of the Far East Club, Hu Hanhui of the Gold and Silver Club, and Feng Jingxi of Sun Hung Kai!
Li Fuzhao founded the Far Eastern Society and Hu Hanhui founded the Gold and Silver Society. These two achievements alone are enough to rank them as one of the three big men.
And Feng Jingxi was listed as one of the three big guys because of his seniority in the Hong Kong securities industry and Sun Hung Kai Securities' extensive business!
But in fact, when it comes to performance, if Fengwu Securities is ranked second at this time, no company in the entire securities industry in Hong Kong dares to be ranked first!
Liu Zhiyuan, the chairman of Fengwu Securities, and Chen Tao, the vice chairman, are not called big bosses. First, because they are not qualified enough. Xiangjiang is a place that attaches great importance to seniority. Of course,
If your power is strong enough, this matter of seniority will not be so obvious to you.
The power of Fengwu Securities is naturally strong enough.
This involves the second reason, which is that everyone in Xiangjiang knows that Fengwu Securities belongs to Chu Huan and Cao Yunshang, not Liu Zhiyuan and Chen Tao.
But if Chu Huan and Cao Yunshang were ranked among the three big guys, it would feel like they were being looked down upon.
That's right, if anyone compares Chu Huan and Cao Yunshang with Li Fuzhao, Hu Hanhui, and Feng Jingxi at this time, they are really looking down on Chu Huan and Cao Yunshang!
"You were included in the Jiaku system before, but you were not included in the branch ranks of Alde Commercial Bank Xiangjiang Branch. Are you a little confused?"
Chu Huan sat there and asked Liu Zhiyuan with a smile.
When Jiaku acquired Fengwu Securities, it was when the Xiangjiang Branch of Alder Commercial Bank was preparing to open in Xiangjiang. At that time, all employees of Fengwu Securities, including the management staff, actually believed that Fengwu Securities would eventually be released by Chu Huan
Go to Alde Commercial Bank Xiangjiang Branch, as their subsidiary.
But in the end, Chu Huan did not do this. This matter was actually discussed within Fengwu Securities at that time!
Liu Zhiyuan didn't understand why Chu Huan suddenly asked like this, but he still said: "There were indeed some discussions within the company at that time, but now such discussions have disappeared. Everyone knows that Chairman, you must have your own plans!
"
Chu Huan was very satisfied with this answer, nodded with a smile, and said: "I called you here this time because I have something to tell you!"
Liu Zhiyuan was stunned for a moment and asked: "Is the chairman planning to let Fengwu Securities be placed in the Xiangjiang Branch of Alde Commercial Bank now?"
Chu Huan shook his head and said: "The company has reached an agreement with Li Fushu, Chairman of the Board of Directors of the Bank of East Asia, which means that the company will officially acquire the Bank of East Asia. As the children of the Li family leave the Bank of East Asia, I am ready for you to meet a bigger challenge.
Challenge, as the president of the Bank of East Asia, he must also merge Fengwu Securities’ business in Hong Kong, Southeast Asia and his hometown with the Bank of East Asia’s securities department, while Fengwu Securities’ business in other parts of the world must be merged with Alder Commercial
The securities departments of the bank’s Xiangjiang branch are merging!”
Liu Zhiyuan showed a shocked expression. If Chu Huan's arrangement was followed, it would be equivalent to dismembering all the current businesses of Fengwu Securities. At that time, for the sake of more convenient management, wouldn't the operation of Fengwu Securities be stopped?
At the same time, what shocked him even more was that the company actually completed the acquisition of Bank of East Asia. You must know that Chu Huan spent a lot of effort to acquire Bank of East Asia. In the end, he only became the largest shareholder of Bank of East Asia, but did not receive any money.
to the Bank of East Asia.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Now, quietly, the company has completed the acquisition of Bank of East Asia?
Chu Huan saw Liu Zhiyuan's shock and continued to explain with a smile: "This merger is based on Fengwu Securities, not the two banks, so when the time comes, the company will introduce a merger for Alde Commercial Bank and Bank of East Asia.
, Fengwu Securities’ mutual shareholding policy, Fengwu Securities will be able to better mobilize the resources of these two banks!”
Liu Zhiyuan was stunned and couldn't help but ask: "Chairman, do you mean to let Fengwu Securities be the main body to acquire these two banks?"
Chu Huan shook his head and said: "Of course not. Your three companies are three independent entities, but at the same time, because their respective businesses overlap, that's why we have this policy."
Only then did Liu Zhiyuan understand what Chu Huan meant, and said excitedly: "I understand, Chairman, we at Fengwu Securities will definitely integrate these resources."
Chu Huan waved his hand and said: "It's not Fengwu Securities, but Bank of East Asia. I have decided that you will be the president of Bank of East Asia and be responsible for the development of Bank of East Asia in the future!"
Liu Zhiyuan really didn't know how to answer Chu Huan's request at this time.
"Why? Not willing?" Seeing that Liu Zhiyuan didn't answer him, Chu Huan asked aloud: "Do you think that Bank of East Asia is not as good as Fengwu Securities? So some of you don't want to go?"
Among the local banks in Hong Kong, HSBC is well-deserved first, followed closely by Hang Seng, and third is Bank of East Asia. But even so, Bank of East Asia still cannot compare with Fengwu Securities.
After all, Fengwu Securities is now the number one securities firm in Hong Kong, and now because of Chu Huan's relationship, they have got in touch with Japan's Nomura Securities and begun to expand overseas business. These are not comparable to Bank of East Asia!
"Chairman, you have misunderstood. I believe that under your leadership, Chairman, Bank of East Asia will develop several times more than it does now. I just learned about this news and I haven't digested it well yet!"
No matter what Liu Zhiyuan thinks in his heart, he certainly cannot say that he looks down on Bank of East Asia at this time.
Chu Huan said with a smile: "After Jiaku completes the comprehensive acquisition of Bank of East Asia, it will cooperate with major real estate developers in Xiangjiang. If it is a Xiangjiang residence that participates in the real estate project investment department of Zhulu Real Estate, it will choose to invest in East Asia."
The bank provides housing mortgages, and in the future, Jiaku-related companies will also use the Bank of East Asia channel for employee salaries."
Liu Zhiyuan's eyes began to shine. If this is the case, then there is nothing to worry about. These two projects alone are enough for Bank of East Asia to climb several steps in an instant.
You must know that the number of employees in the entire Jiaku department has exceeded 150,000, and the monthly labor alone exceeds 800 million Hong Kong dollars, not to mention various other benefits.
At the beginning of the Alde Commercial Bank Xiangjiang Branch, everyone was speculating whether Chu Huan would transfer the salary payment of the Jiaku department to the Alde Commercial Bank Xiangjiang Branch, but this matter has never been implemented, which makes everyone now
Gradually I forgot this.
Only then did Liu Zhiyuan realize that it was not that Chu Huan had forgotten it, but that Chu Huan had saved it for this time.
"Chairman, if this is the case, I suggest that Bank of East Asia should immediately start adding new branches, especially those located in Shatin District!"
Although the headquarters of Jiaku Department is located in Central, several major factories are in Shatin. Where there are more people, there will naturally be more outlets needed.
Chu Huan showed a satisfied smile again, which showed that Liu Zhiyuan had begun to put himself in the position of president of Bank of East Asia and began to consider problems.
"You can contact He Bingguang of Zhulu Real Estate about this matter, and the two parties can jointly discuss suitable places for Bank of East Asia to add new branches!"
Liu Zhiyuan nodded seriously: "Okay, Chairman!"
Chu Huan nodded with satisfaction, and then said: "Okay, you can go back and prepare for this matter. Also, don't forget to contact Xu Yi. Now Xu Yi is responsible for discussing the specific details with the Li family. In addition, Xu Yi
I will also arrange a suitable management team in Jiaku to join you in the Bank of East Asia, and you two will be jointly responsible for this matter!"
Liu Zhiyuan nodded and said: "Yes!"
.
As Chu Huan expected, after the previous bank run incident, Alde Commercial Bank Xiangjiang Branch officially made its name in Xiangjiang, especially when Xiangjiang's depositors saw boxes of banknotes being carried into the bank on TV.
, it gave them a great visual impact. Even though they understood that this was a deliberate move by the bank, it did not affect their trust in Alde Commercial Bank Xiangjiang Branch.
"Chu Huan is still strong, with 1.5 billion Hong Kong dollars in cash and 3 billion Hong Kong dollars in reserves. This kind of bank is worthy of trust!"
"I think so too. In fact, just a few days ago, I took out our family's deposits from the Bank of Communications and put them in the Xiangjiang Branch of Alde Commercial Bank. This time I finally understood who in the whole of Xiangjiang
Even if he runs out of money, Chu Huan will not run out of money."
"Haha, it seems that we both have the same idea. I just finished depositing money with them!"
One morning, in a tea restaurant, two people were chatting about the bank run incident that had occurred at the Xiangjiang Branch of Alder Commercial Bank a few days ago.
"Now you are not worried about the previous HSBC loan from Hehe International-Wheelock?"
At this moment, someone suddenly spoke up.
"What's there to worry about? That company doesn't have any loans. Besides, I heard from my friend that Hehe International Wheelock took out a loan from HSBC not because Hehe International Wheelock didn't have the money, but because they wanted it."
Cooperating with HSBC is a plan for the company’s longer-term development plan!”
"Ah, so that's it!"
While everyone was discussing, someone walked in carrying a newspaper. This tea restaurant is located in a residential area, so everyone who comes here to eat usually knows each other, so when this person carrying a newspaper came in
When I came in, I was immediately greeted by someone I knew well.
This chapter is not over yet, please click on the next page to continue reading the exciting content! "Old Zhang, why are you so late today?"
"Damn it, forget it. I originally wanted to buy a newspaper, but something happened today. There were so many people selling newspapers at the newsstand. I saw that there must be big news happening, so I waited specially. But you guys
To be continued...