Hong Kong Giant Owl: Rebirth

Chapter 899 Preliminary Consent
"Mr. He, what do you think if I say that I want to acquire your Hang Seng Bank?" Qin Haoran said to He Shanheng, while looking at Li Guowei and other members of the board of directors of Hang Seng Bank.

Including He Shanheng, the members of the Hang Seng Bank's board of directors were all stunned by Qin Haoran's words. Before Qin Haoran put forward this opinion, none of them thought that Qin Haoran would be interested in this aspect.

"Buy us Hang Seng?" He Shanheng couldn't help repeating Qin Haoran's words.

Qin Haoran nodded heavily: "Mr. He, to be honest, I am also a businessman, so I am not willing to do business at a loss. Especially the situation encountered by Hang Seng Bank this time is very serious. I think you all know this. If you want to If you want to save Hang Seng Bank, you need to use a huge amount of funds, and there are not small risks. If you are not careful, I may fall into the same quagmire as you."

Regarding Qin Haoran's words, the directors of Hang Seng Bank immediately started discussing.In fact, many of these board members are old courtiers who have followed He Shanheng from the very beginning. They have no less affection for Hang Seng Bank than the founder He Shanheng.

They are really unwilling to sell Hang Seng Bank unless it is a last resort.However, Hang Seng Bank is now really at the moment of life and death. If they rely solely on the strength of their bank, they will no longer be able to stand up again.

He Shanheng took a deep breath, then, he stared at Qin Haoran tightly and said, "Mr. Qin, are you here to negotiate with us on behalf of Longsheng Bank?"

Longsheng Bank is the second largest Chinese-funded bank after Hang Seng Bank. Of course, He Shanheng and others are clear about this.However, He Shanheng, Li Guowei and others did not have a good impression of Hang Seng Bank. This is not only because Longsheng Bank is the most direct competitor of Hang Seng Bank, but also because Longsheng Bank will do everything for the sake of profit. Walking on the edge of the law, let alone the rules of the banking industry.

In addition, He Shanheng didn't like the two brothers Qin Zhongyuan and Qin Jiangshan very much.

Therefore, although He Shanheng appreciates and admires Qin Haoran for his achievements at such a young age, if Qin Haoran is here on behalf of Longsheng Bank, He Shanheng will never consider it, and he does not want to create it by himself. Hang Seng Bank fell into the hands of Qin Zhongyuan and Qin Jiangshan.

And Qin Haoran is Qin Zhongyuan's son, he wanted to buy Hang Seng Bank, He Shanheng naturally thought of Longsheng Bank.After all, if the Hang Seng Bank can be successfully acquired, Longsheng Bank will become the largest Chinese bank in Hong Kong, and even HSBC will be afraid.

But Qin Haoran shook his head and said: "Mr. He, I think you have misunderstood. This time, I am not here to discuss the acquisition with you on behalf of Longsheng Bank. Let's put it this way, about the matter of Longsheng Bank, follow me It has nothing to do with it. My wish to acquire your Hang Seng Bank is my own wish and has nothing to do with the Qin family, let alone Qin Zhongyuan and Qin Jiangshan's intentions."

He Shanheng frowned when he heard the words, because Qin Haoran's tone seemed to be that he was not from the Qin family.

And Qin Haoran also saw through He Shanheng's thoughts, and smiled indifferently: "Mr. He, you guessed right, I have actually separated from the Qin family long ago."

Li Guowei who was next to Qin Haoran came to Qin Haoran and said: "Mr. Qin, you said you want to buy our Hang Seng Bank, but do you have enough funds? As far as I know, your 'New World Company' is trying to build the New World Building and the building. Inside, New World International Hotel and Tangsheng International Supermarket have already invested a huge amount of money, plus the real estate development project of the first and second phases of 'Xin Taoyuan', I am afraid there is not much money left."

"What's more, the matter cannot be solved by acquiring our Hang Seng Bank. What we need is strong financial support. After the acquisition, Mr. Qin, you still need to use huge financial strength to deal with this run. If our Hang Seng Bank regains confidence and withdraws all the deposits, then even if you successfully acquire Hang Seng Bank, you will only get an empty shell." Another director also said in a deep voice.

Qin Haoran nodded, they analyzed all these situations very clearly.However, Qin Haoran didn't say any countermeasures immediately, but looked at He Shanheng and said, "Mr. He, if it were you, what would you do?"

He Shanheng sighed and said: "If I have sufficient funds, I will deal with this liquidation first, and let depositors know that we have sufficient funds, and the bank will not collapse. At the same time, if we can win If one or two large deals can bring the bank's performance to a higher level in the next two years, there will be no big problem."

In fact, Qin Haoran understands very well that even if all the current depositors of Hang Seng Bank are lost, and all the deposits of Hang Seng Bank are emptied, it doesn’t matter, because in Qin Haoran’s view, the greatest wealth of Hang Seng Bank does not lie in those depositors or deposits, but rather It's because of He Shanheng and Li Guowei's managers.

I saw Qin Haoran ponder for a while, and then said: "Mr. He, according to my estimation, the current market value of Hang Seng Bank is about 50.00 million Hong Kong dollars, and if I buy it, I must get a controlling stake, which means at least [-]% One’s shareholding.”

He Shanheng, Li Guowei and others were silent. It took them many years of hard work to develop Hang Seng Bank to its current scale, but they were suddenly asked for a controlling stake. No one would feel better if they changed it.

Seeing He Shanheng's gloomy expression, Li Guowei said to Qin Haoran: "Mr. Qin, your valuation is very close to the actual market value of our Hang Seng Bank. So, you are willing to buy our bank with 100 million Hong Kong dollars?"

Qin Haoran shook his head. Seeing Qin Haoran shaking his head, He Shanheng thought that Qin Haoran wanted to lower the price, but he heard Qin Haoran say: "I decided to use 50.00 million Hong Kong dollars to buy [-]% of the shares of Hang Seng Bank."

As soon as Qin Haoran said this, He Shanheng and the others widened their eyes.They all agreed with Qin Haoran's statement that the market value of Hang Seng Bank is 50.00 million Hong Kong dollars. In this case, 100% of Hang Seng Bank's equity is worth 100 million Hong Kong dollars.At this time, Qin Haoran wanted to use [-] million Hong Kong dollars to buy shares worth only [-] million. Such an approach made He Shanheng and the others puzzled.

"In my opinion, in addition to the actual market value of Hang Seng Bank, its development potential is also great. Within ten years, I estimate that the market value of Hang Seng Bank will double several times, far exceeding the current value of 50.00 million. "Qin Haoran said with a smile: "In this way, I now use [-] million Hong Kong dollars to buy a [-]% stake in Hang Seng Bank, which is actually very cheap."

Qin Haoran's words are a great affirmation of Hang Seng Bank, He Shanheng and Li Guowei are also very useful, and the other directors nodded repeatedly.They also didn't think that Qin Haoran was trying to curry favor with them in order to acquire Hang Seng Bank, because no one would spend the extra 5000 million Hong Kong dollars just to curry favor with them.

In Shangyanshang, even if they changed their roles as Qin Haoran, they would not pay an extra price like this.

At this time, He Shanheng said to Qin Haoran: "Mr. Qin, let me remind you again that the problem of Hang Seng Bank cannot be solved with [-] million Hong Kong dollars. After acquiring Hang Seng Bank, you still need to prepare several times the funds. Only in this way can Hang Seng Bank survive this crisis safely."

Qin Haoran nodded with a smile: "Yes, I estimate that [-] million Hong Kong dollars is about the same. Mr. He, with this [-] million Hong Kong dollars, can the problem of Hang Seng Bank be solved?"

Both He Shanheng and Li Guowei nodded repeatedly, and He Shanheng smiled wryly: "Mr. Qin, to be honest, if I had to choose between Chase Bank, HSBC Bank and you, from the perspective of the most beneficial to Hang Seng Bank, I would We chose HSBC, because with the financial support of HSBC and the goodwill of HSBC itself, if they acquire Hang Seng Bank, they only need to pay for the acquisition of equity.”

Qin Haoran also understands this very well. If Hang Seng Bank has the support of HSBC, out of confidence in HSBC, those depositors will no longer withdraw money.

What's more, Qin Haoran knew that those large households and some small households who wanted to cancel their accounts in Hang Seng Bank were instigated by HSBC Bank.

I heard He Shanheng say again: "However, as you said, Mr. Qin, I am afraid that the incident this time was caused by those British people. Although I don't know whether you have any experience in running a bank, Mr. Qin, if you really have to choose, I would rather sell Hang Seng Bank to you, at least you are still Chinese."

From the bottom of his heart, He Shanheng, like Qin Haoran, is a nationalist.

"So, Mr. He, are you willing to sell Hang Seng Bank to me?" Qin Haoran laughed.

He Shanheng smiled wryly: "There is no other way, if there is no outside help, our Hang Seng Bank will be finished."

"However, Mr. He, let me explain in advance that I will not use my own name or the name of any of my companies to acquire Hang Seng Bank." Qin Haoran said, "Because if I buy Hang Seng Bank, I will completely destroy those I am afraid that the plan of the British bank will be retaliated by them immediately. Therefore, I plan to use a company registered in the United States to complete this acquisition."

He Shanheng frowned after hearing this, because he had some doubts whether Qin Haoran was helping the American company as a lobbyist instead of buying Hang Seng Bank himself.

Qin Haoran knew He Shanheng's concerns, so he smiled and said, "Mr. He, actually you don't have to worry, because even if I buy Hang Seng Bank, I will still let you manage it."

(End of this chapter)