Reinventing the Millennium.

Chapter 690 Trends
A hedge fund negotiated cooperation with Merrill Lynch, and will get Merrill Lynch's investment rights in Bank of China at a price of 120%.

That is to say, Merrill Lynch obtained 20% of the profits just by changing hands with a single paper contract with the Royal Bank of Scotland, without providing business cooperation for the Bank of China or paying large sums of money.

As for the Bank of China, what does that have to do with it?
It is a contract signed with the Royal Bank of Scotland. As long as the funds are provided normally, whether it is invested by itself or distributed, everything is in line with the procedures.

The same is true for the Li Jiacheng Foundation.

Neither of these two third parties has the obligation to conduct business cooperation with BOC.

Therefore, the most critical link is that there is a problem with the contract signed by the Bank of Scotland and the Royal Bank of Scotland. Perhaps the scale of funds considered by the Bank of China for strategic investment is relatively large, and there are no strict restrictions on the direction of raising the Royal Bank of Scotland.

Or maybe it's because of the lack of experience of the Bank of China, after all, the shareholding reform has just happened.

In any case, as long as Goldman Sachs successfully drives hedge funds into the game, the power at the regulatory level will be easier to persuade.

By now, the next move is more obvious.

Merrill Lynch has reached a cooperation with a hedge fund to sell half of the acquisition rights, and the remaining half will not be far away.

As long as they sign, there must be media exposure.

And none of this has anything to do with Goldman Sachs. Instead, it is an enthusiastic person who provides better solutions for the Bank of China.

As for Fang Zhuo and MIGA Fund, it has nothing to do with it. They are just another insignificant enthusiastic person who can not only help the Bank of China eliminate dishonest partners, but also help the Bank of China check and balance the entry of Goldman Sachs.

If the perspective is higher, the perfect cooperation and stable implementation of the two major banks may not be a model for the listing of many domestic banks.

Fang Zhuo felt that he had to speed up raising funds to invest in the Bank of China, and Paulson was quicker than he thought.

On October [-]rd, the two-day holiday was fleeting, and the executives in charge of different business groups of Tesco all arrived in Beijing.

Everyone is a little surprised that the boss has suddenly changed his office location from Shanghai to Beijing. The uneasy guess is that Gome’s headquarters is here, and Mr. Fang’s Double Eleven promotion is to eat away at the number one share in the industry. Coupled with the suspected personal grievances, it is not surprising to sit in the enemy's headquarters.

Business group executives report work progress, mainly in three aspects.

One is the product selection discounts offered by e-buy, which mainly focuses on electrical appliances. In this regard, it is necessary to communicate with major brands. After all, e-buy's market share is not high, and its voice is not high.

The second is e-buy's marketing activities, including Internet promotion and traditional offline advertisements.

The third is to use the stores of Suning, Five Star, Yongle, and Yuan Dazhong Electric as the point of distribution of orders, and cooperate with E-shopping logistics to deliver products to the door.

There is a lot of work to be done, and the progress presented in front of Fang Zhuo's eyes seems rather hasty.

This is inevitable for the first promotional event, but it is also a very good team running-in process.

There is still one month and one week before Double Eleven, and the time is already quite tight. However, apart from the busy schedule of work, Fang Zhuo observed that everyone's energy is still gearing up.

The boss of the competitor is still out of contact, and his own side has united with several colleagues, and there is still a boss full of... means, no matter how good the prospects are, as a latecomer who challenges the predecessors, there is nothing to be afraid of.

Fang Zhuo was happy to see this emotion come true.

This evening's meeting was held very late again, and at the end of the meeting, he received a call from President Yu Da, the co-founder of Yike.

"What's the situation over there?" She came up quite seriously.

"What's the situation? Just finished the meeting, what?" Fang Zhuo was puzzled.

"Why did Weiwei sell the stock?" Yu Hong asked.

"Funds are needed." Fang Zhuo said succinctly, signaling with his eyes that the executives can leave, those who want to eat supper eat supper, and those who want to rest go to rest.

"E-buy still needs money? Or your real estate?" Yu Hong asked.

Fang Zhuo waited for a few seconds, and when he was the only one left in the meeting room, he complained, "It's the investment bank that needs funds, and you're so angry that I cheated Weiwei of money."

"You have to make her pay attention." Yu Hong snorted, thinking that she had made all the phone calls, so she reported on Yike's European and American markets by the way.

Fang Zhuo listened for a while. In fact, he reviewed the weekly reports from the European and American markets every week, so he had a good understanding of the situation.

"President Fang, is there anything else you want to instruct?" Yu Hong asked at the end of the report.

"I'm very satisfied with Mr. Yu's work. I just want to remind you to take a rest and take a normal vacation." Fang Zhuo thought for a while, then took Sina as an example, "Yesterday, Mr. Wang Yanwang from Sina called me..."

"I've been in the capital these days, and I only went to Sina once. He seemed to have heard that I was going to Sohu's internal social gathering yesterday, so he called me specifically. He said that he occasionally heard a word circulating in Sina, saying, 'Only Knowing that there is Wang, but not knowing that there is a way'."

"I told Mr. Wang that this is a good thing. He has the majesty of being a CEO, and I have also done the delegation of power that I promised earlier. Sina's mature system proves that I don't need to intervene."

"Mr. Yu, Yike's US market framework is the same, as long as it is set up correctly, it doesn't need to be so busy."

Fang Zhuo persuaded.

After hearing these words, Yu Hong only asked: "Is it past 11 o'clock at night in China? Are you busy from morning to night every day?"

Fang Zhuo felt that he might not be able to lead by example in this matter.

He could only explain: "We are different. I switched to investment banking when I was too busy with e-buy. If I get tired, I think about Sina and Yike. This is a change of mind."

Yu Hong praised: "Boss Fang really cultivated good study habits in school."

"President Yu turned into a co-founder is different, full of confidence, I figured it out, so that's it, there are two incoming calls from another mobile phone." Fang Zhuo fiddled with the mobile phone, and the two consecutive calls were from Zhang Chaoyang.

But it was so late, no matter how you looked at it, it was not a serious matter.

Yu Lianhe ended the call. She is busier than before, but she is also enjoying it more.

Fang Zhuo put down his phone, picked up another one and called back: "Hey, Mr. Zhang, what's the matter?"

"I thought of the title of my book." Zhang Chaoyang's tone was smug and serious, "It's called "Zhang Chaoyang's Chaoyang Life", Mr. Fang, how about it?"

Fang Zhuo pondered for a moment, Zhang Zong is really not tired of working in the company.

He still continued with the last suggestion: "It's called "Zhang Chaoyang's Half Life Chaoyang". I always feel that Mr. Zhang should not be in a hurry to define it. I will condense my impressions after reading it into recommendations and send them to your email in two days."

Zhang Chaoyang was very happy, drank another glass of wine, and said, "Boss Fang, you can also write, this is the popular one now."

"Hmm." Fang Zhuo said perfunctorily, "When I have time, I will write "Fang Zhuo's Outstanding Life" later."

"Why don't you use 'Half Life'?" Zhang Chaoyang questioned.

"Because I only have two choices, excellence or greater excellence." Fang Zhuo said with emotion, "It's really difficult to pursue greater excellence. I have to work harder on one standard."

Zhang Chaoyang said: "Mr. Fang, your book will definitely sell well. Everyone likes your style."

"Thank you Mr. Zhang for your compliment. I would like to toast you." Fang Zhuo picked up the water glass and touched the phone, making a sound for the other party to hear.

Zhang Chaoyang drank a glass of wine in the air, and became even more drunk.

"That's it, Mr. Zhang, I may leave Beijing at the end of the month. Before that, I invite you to come to Sina to talk about the development of the Internet." Fang Zhuo sent an additional invitation, not caring about the opponent's status as a competitor.

"Okay, no problem." Zhang Chaoyang agreed without hesitation, feeling so drunk that he couldn't think of the competition between Sina and Sohu at all.

　I have worked overtime for a few days, and I mainly have to hold meetings for others. Tomorrow is a day off...

　　
　
(End of this chapter)