Chapter 410 Cooperation with Bank of China (4300+ chapters~)
After the acquisition of Land, for Wu Jianye, his time in Xiangjiang has come to an end. As for the gradual acquisition of scattered shares of Land, it will not be carried out until half a year later. As for this matter, Wu Jianye cannot
Yes, it is involved, but it will be handed over to Zhou Tao and Yan Wen for joint operation!
There were no losers in this battle. Wu Jianye got the land he had always wanted. Yaoguang Group completely made its name in Hong Kong, while Jardine received 8 billion Hong Kong dollars in cash. In this stock market crash,
If they are not stupid, they can not only pick up a lot of high-quality companies by bargain hunting in the stock market, but also avoid their previous predicament with abundant cash flow.
Liu Luanxiong of Chinese Real Estate also gained a lot. Not only did he get an interest-free loan of HK$500 million from Wu Jianye, but he also received a high-profile intervention from Yaoguang Group after the opening of the Hong Kong stock market, becoming one of the few in the Hong Kong stock market crash.
There are many listed companies with lower declines.
The same is true for Huang Tingfang. After receiving the cash from Wu Jianye for acquiring Land shares, he first purchased shares of his company at low prices on the stock market, and then turned around and announced that the Land shares held by his family had also been sold.
After selling to Yaoguang Group, the share price of Far East Organization was stabilized when it was learned that the Huang family held a large amount of cash.
If there is anyone who is most helpless here, it is Li Chaoren, Zheng Yutong and others.
They have always wanted to acquire Land, and for this reason they did not hesitate to join forces to form a new consortium, just to be able to acquire Land, but now Wu Jianye has taken the lead and incorporated Land into the Yaoguang Group's business map.
At this time, the 8% stake in Landmark they held seemed a bit useless. According to the public announcement, Yaoguang Group already held 32.68% stake in Landmark at this time, making it a well-deserved major shareholder of Landmark. After the dust over the acquisition of Landmark settled, the shares of Landmark
The stock price is bound to fall again, so if they continue to hold the stock price of Land in their hands.
That's a loss...
What should we do now?
In Changshi, Li Chaoren's office, Li Chaoren, Zheng Yutong, Li Zhaoji, and Young Master Rong were sitting here, looking a little sad.
Wu Sheng's movements were so fast that Yihe didn't resist at all! Li Zhaoji said helplessly.
Li Chaoren shook his head and said regretfully: The land issue has been settled. One step is too slow, one step is too slow. Now it is impossible for us to get another land!
Mr. Rong also sighed and said: This matter was our carelessness. No one could have imagined that Wu Jianye would come out with such a huge amount of cash at this time. Even if we knew it, we would not be able to compete with him in terms of financial resources.
!
These people have suffered more or less losses during the stock market crash, and if they buy a large amount of their income at this time, it will also be a test for their company's stock price. They cannot afford it, so that's why Mr. Rong said this.
Zheng Yutong stood up and said in a deep voice: I suggest selling our shares in Land to Wu Jianye now!
Li Chaoren nodded and said: This is the only way!
Li Zhaoji said angrily: Is this the case?
Mr. Rong said with some doubts: It doesn't matter if he wants to sell his shares to Wu Jianye, but does he have so much funds in his hands? So far, he has already spent 14 billion Hong Kong dollars!
Zheng Yutong and Li Chaoren looked at each other: Don't worry, I bet Wu Sheng will still have cash in his hands. If we don't sell our shares to him now, when Land's stock price drops in the future, what will happen to us?
Talking about it will only do a lot of harm and no good at all!
Li Zhaoji was the first to understand what Zheng Yutong meant and said: Brother Tong, it seems that I have to trouble you to play another card game this time!
Zheng Yutong laughed and said: It's time to play, my hands are itchy!
That night, Wu Jianye received a call from Zheng Yutong.
Okay, Uncle Tong, I will definitely be there on time tonight! Wu Jianye smiled and hung up the phone.
Zhou Tao asked from the side: What's wrong?
It’s okay, I’ll play poker with a few friends in the evening! Wu Jianye said with a smile.
At this time, Zheng Yutong invited himself to his villa to play poker. He knew with his toes that it must be for the shares of Land in their hands.
But Wu Jianye has nothing to say no to this. Now the four companies want to sell their shares in Land, which is actually a good thing for Wu Jianye. After all, the strength of the four companies is unfathomable. If they are iron
If he wants to compete with himself for Land's equity, it is estimated that it will definitely be a battle between dragons and tigers. Now if this battle can be resolved, it will naturally be good.
That night, Wu Jianye met Li Chaoren and others at Zheng Yutong's villa. They all sat together and did not play cards directly, because Zheng Yutong had already said when organizing the conference that when playing cards,
No business talk.
Now that everyone knows the purpose of this meeting, there is no need to exchange too many pleasantries.
Wu Sheng, this time Yaoguang Group's handiwork really shocked the whole of Xiangjiang! Zheng Yutong said with a laugh.
Wu Jianye said modestly: It just happened to be the right time. I was just a little clever and succeeded in a sneak attack while the four seniors were dealing with matters in their own company!
Wu Sheng, you are too humble. Li Chaoren preached.
Li Zhaoji on the side continued: Wu Sheng, although he has become the largest shareholder by investing in Land and Land this time, the Hong Kong stock market is currently in a downturn, and the Takeover and Merger Committee has canceled the 35% threshold for full acquisitions. Why not Wu Sheng take advantage of the situation?
Is this an opportunity to once again consolidate its position in Land?
Wu Jianye smiled and said: The price is HK$8.9 per share. If the four of you agree with this price, our Yaoguang Group can purchase the land in your hands at the same price!
Mr. Rong said with some dissatisfaction: Director Wu, is this price a bit... Everyone knows that when Wu Sheng purchased the equity of Jardine Land, he gave a price of HK$12 per share. Now,
When it comes to our place, how can it be so severe?
Wu Jianye said nonchalantly: Mr. Rong, let's all speak openly. This purchase price can definitely make you a profit, and it's quite a lot. As for the price I purchased from others, it was nothing more than what I needed at that time.
Entering the game, now that I am the banker, the price will naturally be different!
You... Mr. Rong's face changed slightly, he didn't expect Wu Jianye to be so straightforward.
Zheng Yutong and Li Chaoren looked at each other, and then Zheng Yutong suddenly laughed and said: Haha, well, since Wu Sheng said so, if we continue to bargain with Wu Sheng, it will appear that we are stingy. 8.9 Hong Kong dollars per share is 8.9 Hong Kong dollars.
per share, but we need to sign the contract as soon as possible.
Wu Jianye glanced at Zheng Yutong and knew in his heart that they wanted to take advantage of the impact of the stock market crash and prepare to enter the market at the bottom... Well, they saved the market!
Uncle Tong has said this, so there is no problem. Tomorrow Yaoguang Group will take the check and wait for the four of you in the company!
The 1.8 billion Hong Kong dollar business was negotiated by a few people in an understatement. Compared with the previous negotiations between Yaoguang Group and Jardine, it was much more harmonious.
Haha, now that the serious business is over, let’s play cards! Zheng Yutong laughed again.
Li Chaoren laughed and said: Wu Sheng, you have to be prepared for heavy bleeding today!
Wu Jianye smiled and said: Seniors, don't worry.
However, just as everyone was preparing to enter, Wu Jianye suddenly brought up something again: Seniors, the Guomao Building we jointly invested with Senior Guo He in Yanjing is currently under construction. I believe in the domestic development situation.
Needless to say, everyone knows it, so I hereby invite you to place your company’s offices in Yanjing at Guomao!
This is something Wu Jianye has thought about for a long time.
The reason why the national government initially agreed to Guo Henian's plan to join the International Trade Center was because of Guo Henian's reputation among Chinese businessmen in Southeast Asia.
It is hoped that Guo Henian’s influence can be used to allow more Chinese businessmen to enter the International Trade Center. Now that the International Trade Center has entered the second half of its period, Guo Henian has also invited many businessmen. However, as the largest shareholder, Yaoguang Group, if it does not invite
Some well-known group companies have joined, so doesn't it mean that Yaoguang Group's influence in Hong Kong is insufficient?
As for Li Chaoren and others, they actually had no objections to Wu Jianye's invitation. They had already been connected with the country, not to mention Mr. Rong was present at the scene, so they just thought about it and agreed.
I received Wu Jianye’s invitation.
After discussing this matter, a few people finally started today's card game.
.......
At this time, Wu Jianye was in Xiangjiang, and there was only one last thing left!
Standard Chartered Bank!
If you want to acquire Standard Chartered Bank, the problems you have to face are actually no easier than those of land, and are even more complicated.
First of all, Standard Chartered Bank is registered in England. If you want to acquire Standard Chartered Bank, you must have a relationship with England. They cannot be allowed to come out to cause trouble at the critical moment. If they come up with some so-called Wu Jianye, have you heard of it?
If the policy comes out to block this acquisition, then Wu Jianye will be in trouble!
However, this problem is not that difficult to solve. After all, Standard Chartered Bank is based in Hong Kong, not England, and it was Shanhai Investment, not Yaoguang Group, that acquired Standard Chartered Bank!
Because of the place of registration, no one knows who the real boss behind Shanhai Investment is.
The second question is that although Standard Chartered Bank’s equity is highly dispersed, major shareholder Ryan Henderson’s control of Standard Chartered Bank is superior to Jardine Matheson’s control of Land. This can be seen from the performance of Charter King after acquiring shares of Standard Chartered Bank.
, as the charter king was the largest shareholder of Standard Chartered at that time, he still couldn't influence the management's opinions, so you know Ryan Henderson's ability.
Secondly, after acquiring Standard Chartered Bank, Wu Jianye’s most important business arrangement for Standard Chartered Bank was to bring him into the country!
This is the most difficult one, but actually it is also the simplest, because at this time, Standard Chartered Bank had already started its domestic layout due to its early cooperation with China. In the 1980s, Standard Chartered Bank had already established offices in 14 major domestic cities.
A branch or office, it is one of the foreign banks in Huaguang.
In other words, as long as Wu Jianye acquires Standard Chartered Bank, it actually means that it has entered the domestic market. However, there are still some problems. For example, due to domestic policy reasons, if Standard Chartered Bank wants to become bigger in the country, it will
Facing huge challenges and policy issues.
If Wu Jianye's intentions are not big, in fact, gradual development is enough. But if Wu Jianye wants to fully enter the domestic market during the period of rapid domestic development in the 1980s and 1990s, then he must have a state-owned assets background.
joining......
Only with the participation of state-owned capital background can Standard Chartered Bank completely clear the way to enter the domestic market.
As for which one to introduce...
Wu Jianye quickly chose his partner.
Thank you, Mr. Gao, for the compliment!
At Lu Yu Teahouse, Wu Jianye met Gao Jinbao, the chairman of Bank of China in Hong Kong!
Bank of China in Hong Kong was formally established after Bank of China integrated the Chinese banks in Xiangjiang, including Bank of China in Hong Kong, Bank of Communications, Xinhua Bank, Jincheng Bank, etc. A total of 9 Chinese banks were established.
The number of branches in Xiangjiang has also reached 287, accounting for 21.7% of the total, and the storage business also accounts for about 20% of the entire market. It has become the third largest banking group in Xiangjiang after HSBC.
The second largest banking group in Hong Kong belongs to foreign banks, including American banks, Japanese banks, etc.
These three major asset banks have firmly occupied the mainstream of Hong Kong's banking industry. However, the Chinese-owned banks that once had considerable influence in Hong Kong suffered heavy blows and began to decline after 1965.
Some banks were either unable to withstand the attacks of the banking crisis due to lack of competitiveness, or were unable to operate independently due to poor management and illegal activities. They went bankrupt one after another or were acquired, merged or taken over by the Hong Kong government. Nowadays, foreign banks are coming fiercely.
,In such a general environment, how many Chinese-owned banks in Hong Kong are left?
Although Gao Jinbao met Wu Jianye for the first time, it was not the first time he met Zhou Tao. Most of Yaoguang Group's domestic business and capital transactions were handled by Bank of China.
In addition to these three major banking groups, there are also a handful of Chinese-owned banks in Hong Kong that are struggling.
Chinese-owned banks, also known as local banks, were established in Hong Kong by local businessmen or overseas Chinese businessmen from Southeast Asia. The golden age of Chinese-owned banks was from the late 1940s to the early 1960s. At that time, although the capital of Chinese-owned banks was small, they were divided into
With a large number of branches, it has considerable influence among the Chinese in Hong Kong, especially among the middle and lower classes and small and medium-sized enterprises.
But now there are only 27 Chinese-funded banks registered in Hong Kong. Most of them have been acquired or participated in or controlled by foreign banks and other institutions due to various problems. At this time, there are only a few seven banks left in Hong Kong.
Eight banks were still able to remain fully independent. This situation became even more serious in 1989, when three barely independent Chinese banks had their licenses revoked by the Hong Kong government.
Director Wu's reputation in Xiangjiang is booming. I have wanted to meet Director Wu for a long time, but I didn't expect that it took until now! Gao Jinbao said with a smile.
Mr. Gao is too polite. I am really too busy with work in China. The school has told me several times that as a teacher, I don’t go to class even though my name is on my name. It will inevitably be criticized! Wu Jianye randomly found a teacher.
reason.
Gao Jinbao rolled his eyes in his heart. He is a big boss at this level, and he is still a teacher in a domestic film school. Looking at those movies, Gao Jinbao also thinks that he has met many people, but
This is the first time I’ve seen Wu Jianye like this!
I don’t know why Director Wu invited Gao this time...
Wu Jianye smiled and said: I hope to reach a cooperation intention with Bank of China!