Seeing Mo Yuxuan leaving with brisk steps, Si Wanru turned her head and looked at her man again, her big eyes filled with infinite admiration, and the little stars turned into blossoms, and she said with an angry tone; "Zhen Ye
I don’t know how you got such a big head, and where do you get all these crazy ideas?”
"Then do you like it?"
"Of course I do, I love it so much. My husband is the most powerful person in the world, unparalleled."
"Should there be a reward? How about we go and cut a small red flower in the room?"
"Oh, stop making trouble! President Mo said he was going to attend the Zhuge Liang meeting. How can I see people if you make my clothes wrinkled later?" Si Wanru finally broke free from Wang Yaocheng's clutches and giggled.
He ran away, turned around, showed his beautiful face with a sweet smile, and said seductively, "Seeing that you performed so well, I will reward you tonight!"
"Hey...wait a minute, can you give me a sweet treat first?"
"no!"
While she was talking, Si Wanru had already ran away happily to attend the meeting with Zhuge Liang.
October 17, 2008
Hong Kong Cheung Kong Holdings (Holdings) announced the acquisition of Germany's Hypo Real Estate Holding Company (Wanglang Real Estate Mortgage Holding Company) for a total consideration of 17.2 billion euros (including more than 10 billion euros of debt), and will continue to inject capital to revitalize assets.
Relevant people said;
The commercial real estate industry in German-speaking areas including Germany, Belgium, Switzerland and other areas is generally developing healthily. Although it faces temporary difficulties, the future prospects are bright and promising.
Cheung Kong Holdings is committed to long-term investment in European real estate and public utilities, and works hand in hand with industry peers to create a better tomorrow.
The huge amount of European assets acquired in the past two years alone is enough for Cheung Kong Holdings to digest and develop for ten years, and the extraordinary expansion of Cheung Kong has come to an end.
The ink on the merger and acquisition agreement was still wet, and more serious news came from London, England;
October 18, 2008
Lord Wang Yaocheng, chairman of the Royal Family Fund, signed a strategic cooperation agreement with Vodafone, Europe's largest communications operator, and plans to acquire 31.2% of Vodafone's equity in a half-cash and half-share arrangement with a total of 46 billion euros, and obtain 5 board seats in the 17-member board of directors.
Vodafone also obtained 8.7% of Hong Kong Global Telecom's shares and 23 billion euros in cash, which further supplemented the company's cash flow and formed a mutual shareholding strategic partnership with Hong Kong Global Telecom.
When one is prosperous, both are prosperous; when one is lost, both are harmed.
At the same time, negotiations between the consortium and Telefonica broke down.
After the completion of the second phase of 3G base station construction, Hong Kong Global Telecom's network covers a population of 340 million in Europe, and has formed strategic alliances with Vodafone Europe and North American Telephone and Telegraph Company.
At this point, Hong Kong Global Telecommunications Company has achieved a global layout, and its communication network can cover half of the world's population (including Taiwan, Hong Kong, Macao and West Asia, Southeast Asia, Japan and South Korea, but not including the mainland).
A series of news came, and a fierce quarrel finally broke out at the Cedar Manor in the south of France.
Government representatives took the lead in reaching an agreement with the consortium to transfer 49% of Fortis shares at a cost of 11.2 billion euros and obtain equivalent equity in HSBC. This move effectively cut off Fortis Financial Group's escape route.
Almost immediately, representatives of small and medium-sized shareholders of Fortis Financial Group who participated in the negotiations transferred 6.6% of the equity. Royal Fund immediately announced the convening of a board of directors, kicked out the die-hard Count Fritz Katzenberg, and replaced him with the president of HSBC Bank.
Mr. Mo Yuxuan also serves as the chairman of the board.
The next thing was settled. The new chairman launched a series of intensive and fruitful negotiations with the government. The governments of the Netherlands, Belgium and Luxembourg agreed to provide 18 billion euros in low-interest loans for five years.
In addition, it will provide strong support and relief measures in terms of taxation and policies to help HSBC integrate the assets of Fortis Financial Group.
HSBC Commitment;
The merged and reorganized Fortis Financial Group will lay off no more than 3,000 employees and will try to maintain the stability of the group's operations. Except for employees who are incompetent for their jobs, employees who have caused harm to the interests of the company during the financial crisis, and employees who violate company regulations,
Other job opportunities will be retained as much as possible.
At this point, the consortium's strategic layout in this financial crisis has basically been completed, and it has entered a long-term dormant and digestion stage.
The scale of Fortis Financial Group is by no means comparable to that of Washington Mutual and Wachovia Bank. The ABN Amro Bank it acquired alone is worth as much as 70 billion euros.
As a European insurance giant with a history of 180 years, Fortis Financial Group holds full financial licenses for banks, securities, and insurance brokers. Its overall size is about 1/3 of HSBC, and its market value before the outbreak of the financial crisis was approximately 146 billion euros.
HSBC spent 13.7 billion euros to acquire 57.2% of the absolute controlling stake. After a detailed inventory, it was found that Fortis Financial Group's financial derivatives business involved in the subprime mortgage crisis is expected to cause losses of 55 billion euros.
This astonishing figure is tacitly kept secret by HSBC.
Once the news is leaked, it may cause panic among users, and the newly stable situation will be broken.
Just like all other financial institutions, they are ready to digest this painful loss slowly.
HSBC only admitted that it may incur a loss of tens of billions of euros in the fourth fiscal quarter. In order to get the company back on track, it will stop paying dividends and dividends in the next eight fiscal quarters, stop giving away shares and giving away shares, and will use all means to let the rich get back on track.
The golden brand of Tong Financial Group has regained its luster.
As sub-brands of HSBC, companies such as Britain's Smithsonian Banking Corporation, Germany's Bayerische Bank, and Fortis Financial Group can still play unique roles in their respective fields.
British Smith Bank has a profound historical heritage and a high reputation and reputation in high-end customized private banking business, which is unrivaled in this field.
As a local bank in Germany, Bayerische Bank has unique features in bank management. This has been widely adopted by HSBC and has become a training base for HSBC's senior executives. Here, you can personally experience the rigorous management style and demanding
Institutions and effective financial risk prevention systems are of great significance to the entire HSBC Bank.
Fortis Financial Group, as a long-established European insurance institution, has insurance businesses all over the world, effectively supplementing the weaknesses of HSBC's insurance business, and has developed rapidly with the help of HSBC's huge network.
ABN Amro, a subsidiary of Fortis Financial Group, was completely taken over by HSBC, allowing it to concentrate on the insurance business. ABN Amro exists as a sub-brand of HSBC to expand its banking network and business in the Dutch-speaking area.
At this point, HSBC's global layout has been completed and has entered the next stage of digestion and integration.
In early November, Cedar Manor in southern France
Wang Yaocheng entertained Qi Yafei and his wife, who had come from afar for vacation, in the manor. Accompanying them were Chen Shi and Shi Xueyi, the two humming generals. They all sat together and laughed.
Only Chen Shi remained taciturn and looked serious.
His black face is definitely a killer within the consortium. He is the famous director of the audit department and the person in charge of the most core position within the consortium. In terms of importance, he is second only to Secretary-General Zhao Feng.
Knowing how many high-level cadres of the consortium have been investigated and punished, Wang Yaocheng has a sharp knife in his hand, which is still very useful today.
Shi Xueyi, Chairman of the Board of Supervisors of HSBC Bank and Director of the Fixed Asset Management Department of the consortium, has another style. He is affable in official matters and never lags behind others when drinking and chatting in private.
But he is a glutton and can never get in. He is privately compared to a qualified watchdog.
Qi Yafei is a high-ranking official on one side, managing more than 100 high-tech network companies under the huge Hong Kong Arctic Ocean (Holdings) Company. These companies are only holding companies, and there are even more companies that participate in the shares but do not participate in management.
Wang Yaocheng is the sole master of this huge business empire. He has a dazzling aura and is the core of everyone everywhere.
"Xiaocheng, I didn't see Wanru's sister-in-law this time. We also brought her a lot of gifts. Didn't she say she was in France? Where did she go?"
"Thank you for your concern, Brother Yafei. Isn't Wanru now a part-time executive director of HSBC? She is very responsible in her work. She led a working group to ABN Amro to take charge of the integration work. I'm afraid she won't be able to come back in the next few months."
"Oh... is this useful?"
"Women cannot stay at home every day. They must have extensive contact with society."
"Haha, I heard you are criticizing Shuzhen and Elizabeth, my two siblings. I think... women only worry about their husbands and children every day. It's good to stay at home. This society is too complicated."
Wang Yaocheng rolled his eyes when he heard this, frowned and said, "I don't know if you are such a bitch, do you want to be an expert on marriage and emotions? Hmm."
"Whoever cares is your fault." Qi Yafei stretched out his fingers to count how many brothers and sisters he had, but was slapped down by his wife next to him. She glared at him angrily and said, "Just mind yourself.
The fate of doing this small business, and the happiness of the whole world, you just have to be good at it, haha."
After saying that, he smiled brightly at Wang Yaocheng, stood up and said, "You gentlemen, keep chatting. Let's bring gifts to our younger brothers and sisters. I'll go and sort things out."
"You go ahead, sister-in-law. If Brother Yafei dares to be careless again, I will cut him severely. I will never save face."
"Haha... Okay, to be honest, our husband is only afraid of me on the surface, but he is really afraid of you alone in this world."
"Yo ho!"
Wang Yaocheng looked at the dark-faced Qi Yafei with a smile. Over the years, this guy has become whiter and fatter. He wears gold-rimmed glasses and looks like a university professor. Wang Yaocheng said jokingly: "Brother Yafei, you are very hidden.
When was the time when you were assigned a task that you didn’t bargain for? It seems that you are still not afraid enough!”
"What do you want to do? Do you want to put on my little shoes? Don't listen to the nonsense of the bitch, I'm not afraid of you."
Qi Yafei obviously lacked confidence and turned around uneasily, avoiding Wang Yaocheng's staring gaze.
See this scene
Shi Xueyi smiled happily, pointed at him and said; "Hahaha... Lao Qi, if you have nothing to do, just pretend to be a wolf in front of us. Let alone the boys from the Guards, the most senior President Mo and President Huo are here."
Everyone in front of the boss is in admiration. You are the only one in the entire consortium who is awesome. Now your true colors are revealed, right?"
Qi Yafei snorted and said, "If you can spend 500 billion US dollars in three months, I admire you too."
When these words touched Shi Xueyi's painful point, his smile suddenly disappeared, and he looked like he had lost all his money. His heart was really hurting like a knife!
The consortium's cash pool exceeds 500 billion U.S. dollars. It was all spent in just over three months, leaving only less than 30 billion U.S. dollars. This is too dangerous for a huge consortium.
Once there is any disturbance, the consortium's economy will be in dire straits.
Moreover, AIG and Fortis Financial Group, which had just acquired each other, still needed continuous investment, often amounting to tens of billions of dollars. This really shocked Shi Xueyi.
When Wang Yaocheng saw the drastic change in Shi Xueyi's expression, he knew that something had hit his mind again, so he couldn't help but explain it again;
"Xueyi, in the fourth fiscal quarter, the consortium will have an income of no less than 30 billion U.S. dollars. Most of the acquired companies can quickly get rid of the decline. This is a very good sign.
Fortis Financial Group was integrated by HSBC, and the corresponding expenses are also on HSBC's account. Although HSBC may not be able to contribute much revenue this year and next, after the integration, HSBC will surely explode into stronger
of light.
It’s better to look at things broadly and don’t be so petty.”
"Hmph, you are generous. AIG will lose another US$35 billion in the fourth fiscal quarter. In the first fiscal quarter of 2009, the loss is expected to be no less than US$20 billion. I don't know what will happen next? This is another acquisition.
Fortis Financial Group spends all the money, so why can't it keep some money at home? It seems like there will be no merger and acquisition opportunities in the future, and everything is lost."
"Xueyi, this is my fault. I couldn't hold it back when my hands were itchy. Hahaha... I will definitely not make this kind of mistake again in the future. I promise."
Wang Yaocheng had no intention of explaining much to Shi Xueyi. He knew that Shi Xueyi would not be able to understand it with his vision.
From now on, the rapid expansion of Wang's consortium has come to an end, and it will enter a long period of dormancy.
The presidential election of the United States was announced on November 9. Just like in history, the first black president was unveiled. He is an American leader who fights for the economy, and under his men, he has to keep his tail between his legs.
The historical opportunity period for the development of the consortium has been completely closed and has come to an end.
In the future, the international situation and mergers and acquisitions will face more difficulties and hostility, and the direction of world public opinion will gradually change. What the consortium needs to do is to make a fortune silently, remain invisible in the international community and financial reports, and act as a shadow promoter behind the scenes.
All of this cannot be explained by historical theory, so we can only laugh it off.