Winning the new financial era

Chapter 332 Curve Fundraising
"Yida, what's wrong?"

Huang Hongnian was talking to Zhang Yida about the acquisition of Bank Indonesia, when he suddenly saw Zhang Yida answering the phone with a bad face.

"Yimin Wealth originally negotiated the acquisition of Barclays' wealth management business in Singapore and Hong Kong, and the agreement was signed.

This Barclay was about to repent suddenly!There is no trust between people. "

Huang Hongnian said with the appearance of someone who has experienced it: "It's normal! There is no reputation in the business field, and all that is paid attention to is profit.

Let’s not talk about it if it’s too far away. In 08, I was scammed by Citibank for 10 billion U.S. dollars, have you heard of it? "

Zhang Yida nodded. He had indeed heard about such a big incident back then.

Huang Hongnian did not elaborate on this matter, but reminded: "Be careful when dealing with capitalist countries!"

"It's okay, the contract was signed anyway, and if Barclays wants to breach the contract, it's fine to compensate us 1.28 million US dollars.

After deducting legal fees and audit fees, there is still a net profit of 1.2 million U.S. dollars! "

Huang Hongnian nodded, and then said: "You must not let them lead you by the nose in this matter.

The more calm you appear, the more anxious they will be. "

"Well, old-fashioned words!"

Zhang Yida shrugged, "I really don't care! I will never be afraid of their threats!"

……

"Mr. Zhang, let's all have a good talk! It's not good for us all to stay so stiff."

In an office in the Singapore branch of Barclays, Sun Yanjia spoke first.

Ding Siyao, who was sitting next to Zhang Yida, couldn't help but said, "Mr. Sun, if you don't cooperate with the final delivery procedure, it has actually constituted a breach of contract.

We can sue you anytime! "

"Just sue! Let us compensate you 1.28 million US dollars! Anyway, we will not sell this part of the business.

The London headquarters also gave instructions that it is not cost-effective to sell this part of the business at present.We're going to run it on our own! "

Ding Siyao didn't believe her words, and said with a smile: "You have sent invitation letters to your clients, inviting them to attend the asset management signing ceremony of Yimin Wealth.

Now suddenly the company is no longer sold.I believe that customers will definitely have some new ideas for Barclays. "

"Don't worry about it! We will naturally make arrangements!"

The two women confronted each other verbally, neither of them wanted to bow their heads.

Cliff suddenly looked at Zhang Yida and said, "Mr. Zhang, let's talk about your thoughts!"

"What can I think?" Zhang Yida said lightly, "I just want to say that the bank itself should be a financial institution that sticks to its promise, and Barclays is an old-fashioned bank with a glorious history of more than 300 years. Shame!"

"Yes, we did breach the contract! But we are willing to pay $1.28 million in liquidated damages, which is the embodiment of our compliance with the spirit of the contract."

This is a beautiful statement, Zhang Yida nodded, "All right! Since Mr. Cliff has said so, then pay us liquidated damages!
We will do our best to help Barclays calm down this matter!This will not affect your future business development. "

Cliff shook his head, "Mr. Zhang, your words are a little insincere. I know you want financial licenses from Singapore and Hong Kong."

“Yes, yes, we would love to get a financial license. But there are many alternatives to Barclays.

With the 1.28 million US dollars you compensated us, I can buy a full Singapore asset management license and a Hong Kong No. 1-10 financial license.

Maybe there is still some money left over!Do you think this is a good deal for Yimin Wealth? "

Cliff felt deep despair. Indeed, as Zhang Yida said, it seemed that Barclays' breach of contract would be more beneficial for them to benefit the people and wealth.

It is wrong for Barclays to do anything other than sell the company to Yimin Wealth as soon as possible.

If you choose to breach the contract and run the company yourself, in addition to compensating the other party for 1.28 million US dollars, you also have to endure the loss of customers;

If you choose to go on slowly with Yimin Wealth, you will also lose customers and suffer heavy losses.

But as a citizen of the British Empire, he also has his own pride, he said: "Mr. Zhang, Singapore is a country of the Commonwealth of Nations, are you sure you want to choose to sue us here?

Not to mention the long-term consumption, the US$1.28 million in compensation may not be obtained in the end. "

"I have talked with Temasek, and they will buy some shares of Yimin Wealth from the secondary market in the near future."

Cliff frowned, Temasek is the investment company of Singapore's elite!
If Temasek really takes a stake in Yimin Wealth, the timing of the lawsuit, the outcome, and even the compensation will be uncertain.

He didn't doubt that there was something tricky in it. After all, Temasek is indeed a shareholder of Ruixiang, and it also initiated the establishment of an industrial investment fund with Ruixiang.

If Zhang Yida had no friendship with Temasek, he would absolutely not believe it.

"Mr. Cliff, it's meaningless to talk about this now. What you should do is to complete the delivery with us as soon as possible. Stop the loss in time!"

Zhang Yida couldn't have any good feelings for people like Barclays, and he always wanted to take advantage of all kinds of advantages.

It's like selling water. You sell me the water you sprinkle on the ground at a price. Is there such a good thing?
The negotiation broke up unhappy. After Cliff reported the situation here to his superiors, he was sprayed bloody.

Now that Barclays is selling its business all over the world, it is inevitable to clear the warehouse at a low price.

The superior directly scolded Cliff as a pig and asked him to complete all delivery procedures within a week.

Barclays didn't hold back anymore, and let the team of financial planners invite all the customers who were willing to switch to Yimin Wealth to Singapore as quickly as possible.

……

Marina Bay Sands Hotel.

Nearly a thousand millionaires and billionaires from Southeast Asia and Hong Kong rushed to the scene in the great hall.

It was indeed a bit rough, but the time was too tight to do any one-on-one activities for these customers.

Except for a small number of clients who directly agreed to entrust assets to Yimin Wealth Management, all other clients came to the scene.

Cliff first came to the stage and said some scenes, such as thanking customers for their long-term support and companionship, and now I will hand over you to Yimin Wealth.

This is a company that has created miracles. It has been listed on the New York Stock Exchange for three years and has invested in dozens of unicorn companies.

Everyone invests in their company, that's right!

Then Ding Siyao took the stage to speak, and first showed the development history of Yimin Wealth in recent years, operating data and various financial reports to the customers present.

Including which unicorn companies have invested, and the current market value are all displayed.

Then came the question-and-answer session. Investors on site could ask Ding Siyao questions, and Ding Siyao was responsible for answering them.

"Mr. Ding, hello, may I ask what changes will be brought to our investors after Yimin Wealth accepts Barclays-related business?" A middle-aged man asked.

Ding Siyao explained: "We have fully taken over Barclays' business team, which will not cause too much impact and fluctuation on customers.

In addition, Yimin Wealth is also very good at equity investment in the primary market, and it is a strategic partner with Ruixiang Industrial Fund.

Through Yimin Wealth, everyone can participate in investing in outstanding Internet and technology companies in mainland China, South Korea, India, Southeast Asia, and even the world in the future..."

Under the stage, two familiar middle-aged men communicated in Cantonese.

"Old Huang, do you think this Yimin wealth is reliable?"

"It's hard to say. Opening your mouth and keeping your mouth shut is investing in Internet and technology companies. The valuation bubbles in these industries are huge. Old Zheng, what do you think?"

"The company is too young, and the boss is too young, so I'm a little worried!"

"Yeah! Why don't you invest in private banks like Citigroup and HSBC!"

"Yes, to engage in finance, you have to be these old-fashioned foreign-funded firms! Mainland companies can't do it."

Of course, some people are not optimistic about it, and some people are very optimistic about it.

Someone picked up the microphone and said: "The mainland is developing rapidly, investing in the mainland of the motherland through Yimin Wealth not only supports the construction of the motherland, but also can enjoy the development dividend.

Personally, I am very supportive. In addition to the original investment of US$1000 million in Barclays, I am willing to invest an additional US$1000 million! "

The man surnamed Zheng asked his companion, Lao Huang: "Hey, do you think this is an invitation? Additional investment? I'm afraid it's Shi Lezhi?"

"Haha," Lao Huang said with a smile, "I think so too! It's still investing in the mainland of the motherland! It's better to buy a few more houses in Hong Kong."

After Ding Siyao finished speaking, Zhang Yida replaced him on stage.

Many people in the audience recognized Zhang Yida, because he has had a high exposure in Southeast Asia in the past two years.

Invest in Lazada and earn billions of dollars.

Initiated the establishment of an industrial investment fund with a total of US$25 billion with the top Chinese chaebol in Southeast Asia...

There are a lot of news, and he can be regarded as a man of the hour.

Zhang Yida stepped onto the stage, looked at nearly a thousand wealthy people in the audience, and said with a smile: "The people here are basically seniors in the business world, and I won't show off my limited business knowledge anymore.

Let me briefly talk about the operation mode of Ruixiang Industrial Investment Fund!In the future, we will initiate the establishment of the fourth phase of the industrial fund. If you are interested, you can also participate through Yimin Wealth.

Take Ruixiang as an example!In China, Ruixiang is a leading financial technology company, which has obtained a full financial license except trust, and its current valuation is 300 billion US dollars.

Ruixiang wants to replicate a similar company in Southeast Asia, a financial technology company including a full financial license.

The fourth phase of Ruixiang Industrial Investment Fund is a merger and acquisition fund, which will merge and acquire financial companies in Southeast Asia, including securities, banks, insurance, etc., and form a financial group.

Ruixiang will empower these traditional financial institutions with financial technology to improve their industry competitiveness and work efficiency..."

Zhang Yida then used the huge LED screen behind him to display several sets of PPT.

"This is face recognition technology, which can be used for credit anti-bullying..."

"This is the Eagle Eye risk control system, which reviews thousands of dimensions of customer information in three seconds and completes credit loans..."

"This is the QR code payment of Mobao Payment..."

"This is Ruixiang Financial Cloud Computing Center..."

……

Many people in the audience took it very seriously. Many of the financial technology technologies Zhang Yida showed were novel to them, and they even couldn't believe that China's technology had developed to this point.

Is this still the white and poor China in their impression?
Zhang Yida was indeed interested in the money in the hands of this group of people. He only fooled the chaebol into boarding the boat last time. It would be difficult to raise funds before seeing the rewards.

This time he fell in love with the next level of small local tyrants. Although these rich people worth tens of millions or hundreds of millions have less money, they can't stand up to a large number of people!

The loss of Barclays' customers made him very sad, but seeing nearly a thousand people attending today gave him a little peace of mind.

With so many people, it should be worth 20 to [-] billion U.S. dollars.

(End of this chapter)