Chapter 387 The West Does Not Brighten The East Is Bright
Wang Yaocheng stood in front of the floor-to-ceiling glass window, carefully considering his next move.
The merger of HSBC and Smithsonian Bank was a foregone conclusion. Unsurprisingly, the board of directors of Smithsonian Bank chose the second merger option, happily kicking Royal Bank of Scotland out of the game.
Still the same sentence;
What HSBC can give, Royal Bank of Scotland really can't give.
The £18.5 billion Smithsonian Bank merger was worth US$29.99 billion in today's US dollars, half of which was traded in HSBC shares worth US$15 billion, and half was achieved with a combination of stocks in a shopping basket.
Out of the usual prudence and conservatism of old Europeans, the board of directors of Smith Bank chose 2% of Nokia shares with a current value of US$2.715 billion, 5% of Samsung shares with a current value of US$6.554 billion and Cisco shares with a current value of US$5.73 billion.
, with a total transaction value of US$14.999 billion.
They did not choose Yahoo, Cathay Pacific and Swire Properties. They were obviously not optimistic about these industries, and they did not choose huge amounts of cash.
The financial market has been bleak in the past two years, and good investment targets are hard to find.
Considering that the British have always been rigid and conservative, coupled with their preference for European assets, this choice is understandable.
All the legal procedures have been completed, and all that is left is Wang Yaocheng, chairman of the board of directors of HSBC Bank, to attend the signing ceremony and officially announce this blockbuster transaction in public.
So far
Royal Family Fund's equity holdings in Nokia and preferred equity in Samsung were all sold out, Cisco's equity stake was reduced to 47.6%, and HSBC's equity stake was reduced from 70% to 63.7%, which is still within the acceptable range.
Cisco's second largest shareholder is Berkshire Hathaway, holding 17.47% of the shares. The person at the helm is none other than the famous European and American investor Mr. Buffett, who is also the third billionaire in the world.
Seriously speaking, the famous investor Mr. Buffett is really courageous. He saw that Cisco was buying more as it fell, and he was not soft at all.
Mr. Buffett said on a television talk show;
"Cisco is the company that the boss is most optimistic about, and it also has the world's best professional manager, Mr. Chambers. Well, what's the reason not to buy it? What I regret most in my life is not investing in Atlantic Business Machines. Wait for me
When outstanding features are discovered, the delisting process is inevitable.”
Look, this is so true!
The cash pool of Royal Family Fund has accumulated to 27.3 billion U.S. dollars, and it is expected that cash flow will not increase significantly this year.
This is because of the large-scale expansion of its subsidiaries, as well as the fact that Huanghe Technology Group and Atlantic Jinko Group are fighting against Samsung and trying their best to lower the prices of DRAM memory particles and LCD flat panels in the international market, making it difficult to contribute more revenue.
The only bright spot occurred at Atlantic Business Machines Company. The newly launched OPPO brand V3 dual-screen flip phone became an instant hit and quickly became popular in the international market.
First fiscal quarter 2001 only
OPPO brand V3 mobile phone shipments reached 17.6 million units. Even so, supply still exceeded demand. Together with other mobile phones with various styles, the overall shipment volume in the first fiscal quarter reached 22 million units, making it one of the top three mobile phones in the world.
Ranked third behind Nokia and Motorola.
As a high-end flagship mobile phone, it is surprising that the V3 mobile phone is selling so well.
This alone brought a net profit of US$3.889 billion to the consortium, with an average profit of US$221 per machine after excluding all costs, and a profit margin of 73.2%. It is simply a standard gold-making machine.
Referring to the price system of the OPPO brand v3 mobile phone Elite Edition starting at US$268, the Business Edition is US$318, the Colorful Music Edition is US$338, and the Supreme Palace Edition is US$488, it can be seen that the profit margin is high.
The small-size LCD screen used in the OPPO brand V3 dual-screen flip phone is produced by Huanghe Technology Group, and its second-generation line can easily meet the display production requirements.
The depreciation of these second-generation LCD display production lines has been completed long ago, and only labor and cost, water and electricity costs have been paid, and material costs only account for a small proportion.
Mobile phone circuit chip integration with independent intellectual property rights is produced by the motherboard factory in Armonk, New York.
These include baseband chips, processors, co-processors, RF, wireless IC, Memory and power management IC chips, etc., all of which are produced by Atlantic Jinko and are completely circulated within the consortium.
In the mobile phone circuit board that integrates high technology, Red Hat Systems contributes the basic operating system, Athlon Corporation contributes the Athlon 2 processor chip, Corning Corporation contributes high-grade semiconductor components, and Huanghe Technology Group contributes the panel.
On the other hand, Yangtze Technology Group, which assembles and produces, all benefited a lot and got a piece of this big cake.
The success of the OPPO brand V3 dual-screen flip phone is the success of the consortium's industrial chain, which has gathered strong competitive advantages and created a gratifying situation where a group of people beat one person.
Those attacked here include Nokia, Motorola, Siemens, Ericsson, Alcatel, Samsung and Panasonic, etc.
This long list includes world-famous companies that have officially entered the mobile phone field, but in front of Atlantic Business Machines, they are still as weak as a poor child.
Each of them operates alone, but Atlantic Business Machines has a group of people working together, and the differences are incalculable.
It won't take long
Yangtze River Technology Group's Dell brand mobile phones and Glid Group's Glid mobile phones will be launched one after another to compete in the world's mid-to-low-end mobile phone market.
Not only does it create a situation of siege, but also various two-on-one, three-on-one, and innovative tricks emerge in endlessly.
Backed by the consortium's strong technological support and unparalleled price advantages across the entire industry chain, it will surely dominate the world market and become unstoppable.
This is the road to Samsung in Wang Yaocheng's dream. The consortium has taken the lead, but the struggling Samsung Group lacks this and that, making the road ahead extremely difficult.
Standing on a high place and looking at the brilliant starry sky, the stars twinkling all the way to the endless deep starry sky.
Wang Yaocheng took inventory of his consortium companies. At this moment, a feeling of reaching the pinnacle of his life emerged spontaneously.
The merger and acquisition plan of HSBC Bank was completed and the main purpose was achieved.
The next step is Thomson, a long-established French home appliance manufacturer that GREE Group is planning to acquire. These big Gallic roosters are very difficult to deal with, they are arrogant and domineering, and their tongues are scary.
As an important product line of GREE Group’s layout in the European and American markets, the importance of Thomson home appliances is beyond doubt.
In fact, there are better choices, namely German Siemens, Bosch, Swedish century-old brand Orex, American General Electric, HP, and many Japanese and Korean brands.
Unfortunately, either it is unable to acquire the company because it is backed by a large group, or its operating conditions are acceptable and there is no intention to sell.
If you want to force mergers and acquisitions, haha, there is little hope of success.
The west is not bright, the east is bright.
The negotiations between Green Group and Fuso Sanyo Electric are progressing smoothly. Now they are struggling with the details. Overall, the obstacles have been eliminated, and the possibility of completing a merger has greatly increased.
The third step is for Cathay Pacific to look for acquisition targets from European and American airline companies.
This goal is not difficult to find. The key is to obtain approval from the government of the country where it is located. This is a very difficult thing and requires strong lobbying ability from upper-level figures.
Just in March, the US government had just halted the merger of United Airlines and US Airways. Now that the US market is on the cusp of a storm, it is best not to worry about bad luck.
Therefore, Cathay Pacific has set its sights on Europe.
Wang Yaocheng has a very good personal relationship with the current president of the United States, and the consortium's lobbying group in Washington is powerful, which are all advantages.
The key is that the U.S. government has just taken care of its own children to prevent them from getting too big.
You, a migrant worker, are getting involved, making it difficult to do things.
I agree, there are a lot of public opinions in the country, but I don’t agree. Once plastic friendship is destroyed, it is a lose-lose result. Relationships with big shots cannot be used in this way.
It doesn't have to be a strategic deterrent when placed there. Once it is exposed to the public, it will turn into ice and snow in the sun and quickly melt.