Reinventing the Millennium.

Chapter 678 Eating Meat and Drinking Soup
Fang Zhuo met the head of ICBC.

A president who is under pressure and even looks a little haggard.

From ICBC's point of view, after being allowed to divest non-performing assets and receive foreign exchange capital injection from the state, it urgently needs to carry out shareholding reform.

From the perspective of the industry, state-owned banks including China Construction Bank, Bank of China, and Bank of Communications have cast aside their historical burdens and sought to go public and build international competitiveness. In particular, China Construction Bank is planning to go public in Xiangjiang in October, and it has already taken the lead.

As for President Jiang, the head of ICBC, he saw that ICBC was lagging behind in the industry, and had to carefully complete the shareholding reform, and had to find a suitable partner within the specified time. It was hard not to make him feel stressed.

However, whether it is President Jiang, ICBC, or even the entire banking industry, this kind of transformation is only a part of Huaxia's access to WTO economic globalization.

On the morning of the 28th, unlike the communication between Fang Zhuo and Wu Qian, his communication with the head of ICBC was quite straightforward.

President Jiang hopes to have the power to weaken the uncertain risks of the Goldman Sachs consortium.

But because of his status, and because of the joint-stock reform of ICBC that he presided over, it is inappropriate for him to propose to find a third party other than Goldman Sachs at this point in time.

In other words, the third party sought in this way is just another Goldman Sachs.

Therefore, he hoped that his own people like Mr. Fang could intervene and take a share of the action.

It can not only weaken the influence of the three board seats of the Goldman Sachs consortium, but also be regarded as rotten in the pot.

A long talk.

Fang Zhuo hesitated.

"Mr. Fang, is there any difficulty?" President Jiang waited for a cup of tea, but he didn't get a statement for a long time, so he asked directly.

Fang Zhuo asked about his concerns: "President Jiang, I have two concerns, one big and one small."

President Jiang was a little surprised by such remarks, and he and Wu Qian looked at each other, signaling Mr. Fang to continue talking.

"A big concern is that I have also paid attention to public opinion recently, and I have seen the discussions of different views on banking and finance in "Huaxia Securities Journal" and "Economic Observer." Fang Zhuo said rather tactfully.

In fact, the degree is not limited to "discussion", but to accusations and criticism.

For example, CCB's shareholding transformation and listing are faster, which makes everyone question the value of its transferred shares. Is it too low?
ICBC and the Goldman Sachs consortium have reached a memorandum of understanding, and the announced cooperation methods have also attracted such doubts.

In the face of doubts, many foreign investors ended up in person, like Goldman Sachs, which had its own economist Hu Zuliu personally end the debate, defending the rationality of the cooperation between ICBC and Goldman Sachs.

In addition to the level of value, Hu Zuliu also responded to another related question-why was private capital not allowed to participate?

"Does Huaxia have private investors with international experience and reputation like HSBC, Citigroup or Goldman Sachs?"

"This kind of cooperation should pay attention to the right match."

Fang Zhuo paid attention to public opinion and collected information on the road from south to north, so his big concern was that it was not appropriate for him to emerge from a private enterprise like himself at this time?Is it too eye-catching?

He took a sip of tea, glanced at President Jiang, and asked, "Is there a rule that private companies are not allowed to enter this shareholding system reform? Or is there a tacit agreement between everyone?"

President Jiang smiled: "This is all on the bright side. There is not so much red tape. It is hard to say if it is someone else. Mr. Fang is willing to come out. I believe no one has anything to say."

He paused, and then said: "I heard that Mr. Fang not only has a good business management, but also has a lot of experience in private equity investment. It is enough to show the investment performance."

The main body of MIGA Fund is private equity, but it also cooperated with Shanghai Pudong Development Development Co., Ltd. in the first batch of public equity funds in China last year.

Naturally, it cannot be compared with the prestigious Goldman Sachs on a global scale, but it is also one of the best in China.

Fang Zhuo was speechless.

President Jiang continued: "Foreign capital can invest, but private companies can't? There is no such reason. If anyone really questions it, I will be the first to stand up and respond."

This is what Fang Zhuo wanted to hear. If there was any public opinion or dissent at a certain level, someone had to stand up and support it.

Although it is inconvenient for you, President Jiang, to openly invite me to enter the game in your name, but after I enter the game, you can't keep silent.

He nodded slightly, looked at Wu Qian again, and hesitated again.

Seeing this, Wu Qian said, "Boss Fang said just now that there are two concerns. I don't know what is the other small concern?"

"It's a small concern..." Fang Zhuo replied, "I'm not very familiar with Deyin."

Wu Qian was taken aback for a moment, but he didn't expect Mr. Fang to directly point his gun at Zhang Hongli, the middleman who introduced himself and him.

"Zhang Hongli of Deutsche Bank is very familiar with Mr. Zhang, but Deutsche Bank is different. I am not sure whether the power of Deutsche Bank's leading cooperation has always been in the hands of the Asia-Pacific region." Fang Zhuo said calmly, "The risks that ICBC is worried about have changed. Cheng Deyin, I'm not sure about business affairs."

Wu Qian pondered: "Boss Fang, what do you mean..."

Fang Zhuo didn't answer, but asked instead: "Which level is Goldman Sachs leading this cooperation?"

Wu Qian understood.

Goldman Sachs is leading the cooperation with ICBC is Paulson, chairman of Goldman Sachs, he has brought people to China several times to participate in the negotiations.

Among them, Goldman Sachs' Asia-Pacific team belongs to the executive level, not the decision-making level.

How much decision-making power can Deutsche Bank's Asia-Pacific region, which is managed by Zhang Hongli, have a question mark.

Wu Qian and Zhang Hongli had some friendship, but at the moment they were also on business, so they left Mr. Zhang without hesitation and asked, "If there is no Deutsche Bank, can you find sufficient investment funds?"

Fang Zhuo said calmly, "You can try it."

Basically, this is a statement that he has taken over the job of seizing love with a sword.

He added: "It does not mean that Deutsche Bank is completely abandoned, but the amount of funds is open to question, and it is a very good choice to let it support the bottom line."

Wu Qian has no objection to this.

After listening to these exchanges, President Jiang said decisively: "Okay, Mr. Fang, I'll wait for your good news. You can come as you see fit. By the end of next month at the latest, I hope to see your substantive actions."

He took the initiative to stand up and shake hands, giving eager anticipation.

Fang Zhuo shook hands with the head of ICBC, and said goodbye.

……

afternoon time.

Fang Zhuo, who was in contact with the MIGA Fund, received a call from Zhang Hongli.

"Mr. Fang, how is it going? Is everything going well?" Zhang Hongli asked.

"It's going well, but there are still many things that need to be discussed." Fang Zhuo replied, "Don't worry, Mr. Zhang, I will never forget you to drink soup when I eat meat."

Zhang Hongli was a little relieved, and said with a smile: "Don't tell me, Mr. Fang, I also want to taste the meat."

"Hang up, it's not speculative." Fang Zhuo teased, "I'm busy, let's chat."

Zhang Hongli just laughed twice and was about to speak when he heard the beep of the phone hanging up.

It's okay, act vigorously.

Mr. Fang is such a person.

　Continue to code until 12 o'clock, and if you can't finish the code, you will find time to post a chapter tomorrow during the day.

　　The heartbeat is a bit fast during the physical examination, and the doctor told me to avoid coffee, strong tea, and staying up late...

　　
　
(End of this chapter)