Hong Kong Giant Owl: Rebirth

Chapter 907 The End of Longsheng Bank 3

Chapter 907 The End of Longsheng Bank 3
Li Guowei said that Longsheng Bank's market will be robbed by others in a short time. This is a fact. According to the current situation of Longsheng Bank, it will not be able to support it for long without outsiders doing anything.

However, after all, Qin Zhongyuan and Qin Jiangshan have devoted many years of hard work to Longsheng Bank. How can they be happy when they hear Li Guowei commenting on Longsheng Bank?
Qin Jiangshan said: "How do you conclude that we will be willing to sell the shares of Longsheng Bank?"

Li Guowei laughed: "I'm not so sure, and our Hang Seng Bank has no intention of buying your Longsheng Bank now. Anyway, there are only two ways for you to retreat now. One is to let the government take over Longsheng Bank, and the other is to let the government take over the Longsheng Bank. Someone else bought Longsheng Bank. If we go the second way, I believe that except for Hang Seng Bank, no one else will be willing to spend money to clean up this mess."

"So, we will wait until you sell it." A sneer appeared on Li Guowei's face: "We will make a move when you announce the sale of Longsheng Bank, and when your price drops to the lowest level. Acquire your Longsheng Bank at the lowest price. There is nothing to worry about in this process, no one will be willing to buy your Longsheng Bank. And if you let the government take over, the government is also unwilling to bear such a burden, and will definitely pay a low price If it is transferred to Longsheng Bank, we can also complete the acquisition at a low price at that time.”

Listening to Li Guowei's words, the muscles on Qin Zhongyuan's and Qin Jiangshan's faces kept twitching, because Li Guowei was right at all, and this is the ending that awaits Longsheng Bank.

Qin Zhongyuan looked at Li Guowei. He believed that Hang Seng Bank really planned to do this. Even if it was Qin Zhongyuan himself, he would do the same. The current Hang Seng Bank has absolutely no meaning in acquiring Longsheng Bank. The longer you wait, the longer Longsheng Bank will The lower the price, the greater the profit of Hang Seng Bank.

What Li Guowei said was completely sexing with Qin Zhongyuan and Qin Jiangshan.

Qin Jiangshan really wanted to say to Li Guowei: Even if our Longsheng Bank is worthless, we will not sell it to Hang Seng Bank!

However, Qin Jiangshan couldn't say this sentence after all, because Qin Zhongyuan had already said that before the situation of Longsheng Bank and Zhongyuan Garment Factory was at its worst, they should be sold as soon as possible, otherwise The loss suffered by the Qin family was too great.

The most taboo thing in business is to act emotionally, so Qin Jiangshan suppressed his anger.

Qin Zhongyuan thought about it for a while, then raised his head and said to Li Guowei: "Mr. Li, if Hang Seng Bank really wants to buy Longsheng Bank, I hope you can also buy Zhongyuan Garment Factory. Because, I will buy Longsheng Bank. The bank and the Zhongyuan Garment Factory are sold as a bundle!"

Li Guowei frowned when he heard this, but he was secretly surprised by Qin Haoran's foresight.

This time Li Guowei came to Qin Zhongyuan and revealed that he wanted to acquire Longsheng Bank, which was actually Qin Haoran's instruction.The acquisition of Longsheng Bank is very beneficial to the development of Hang Seng Bank.Before coming here, Qin Haoran also told Li Guowei that Qin Zhongyuan would most likely let Zhongyuan Garment Factory and Longsheng Bank be bundled together for sale.

Now it seems that Qin Haoran saw it very accurately, Qin Zhongyuan really did this, and he already knew the situation of the Zhongyuan Garment Factory from Qin Haoran.In fact, Zhongyuan Garment Factory is still a very powerful garment manufacturer with complete production equipment, which is also more advanced than other garment factories in Hong Kong and even in Asia. More importantly, Zhongyuan Garment Factory has a certain reputation in Europe and the United States, although It is said that Qin Haoran bought the American Dongluo Group and strangled the sales of Zhongyuan Garment Factory, and Zhongyuan Garment Factory owed a lot of debts.However, as long as Qin Haoran acquires the Zhongyuan Garment Factory and lets the Dongluo Group re-spend its expenses, the Zhongyuan Garment Factory can make a comeback in a very short period of time.

I was amazed at Qin Haoran's foresight in my heart, but on the surface, Li Guowei revealed a look of reluctance, and said to Qin Zhongyuan: "As far as I know, your Zhongyuan Garment Factory's debts are very serious, and it is almost too late. It’s to the point of repaying debts, you guys are tying up Zhongyuan Garment Factory and Longsheng Bank in this way, obviously to get rid of this burden.”

Qin Zhongyuan said: "Mr. Li, since you know something about the situation of our Zhongyuan Garment Factory, you should know that our Zhongyuan Garment Factory is actually a very high-quality company. By opening up the market, we will be able to redevelop into Hong Kong's largest garment exporter."

"Okay, then let's talk about the price." Li Guowei said with a smile: "But Mr. Qin, you don't need to talk about it, just tell the real price. They are all banks. The assessment is still pretty good."

Qin Zhongyuan and Qin Jiangshan looked at each other, and they both saw the sigh in each other's eyes. It would not be easy for Li Guowei, a negotiating opponent who knew himself and the enemy.

At [-]:[-] in the evening, Li Guowei, who spent the whole afternoon discussing with Qin Zhongyuan and Qin Jiangshan, declined Qin Zhongyuan's invitation, left Longsheng Bank, and returned to Hang Seng Bank in his own car.

Li Guowei went straight to the top office of HSBC Bank without stopping, and met He Shanheng and Qin Haoran there.

"Mr. He, Mr. Qin." Li Guowei hurriedly greeted the two of them.

Qin Haoran was discussing the future development of Hang Seng Bank with He Shanheng. Seeing Li Guowei's return, He Shanheng asked with a smile, "Are you back? How is the talk with Qin Zhongyuan and the others? Are they really interested in selling the shares of Longsheng Bank?"

Li Guowei nodded and said, "Mr. Qin's guess is right. Qin Zhongyuan and the others not only plan to sell Longsheng Bank, but also want to bundle and sell the Zhongyuan Garment Factory."

He Shanheng also looked at Qin Haoran in surprise, the guesses Qin Haoran said before have been verified one by one now.

Qin Haoran smiled slightly: "It's not surprising, most of the foreign debts of Zhongyuan Garment Factory are in Longsheng Bank, the two are interdependent, and Qin Zhongyuan and the others want to minimize losses now, so they have to repay Longsheng Bank Some of the Central Plains garment factories are sold so that they can make a comeback in the future.”

After a pause, Qin Haoran smiled at Li Guowei and said, "How about it, how much did you lower the price?"

Then Li Guowei stretched out three fingers and said, "3000 million Hong Kong dollars, all the shares of Longsheng Bank and Zhongyuan Garment Factory."

"3000 million Hong Kong dollars." Qin Haoran said: "Your bank often conducts property appraisals. Do you think Longsheng Bank and Zhongyuan Garment Factory are worth this price?"

He Shanheng said: "If it was the former Longsheng Bank, I am afraid that it would take 5000 million Hong Kong dollars to acquire all its shares, and Zhongyuan Garment Factory is indeed a powerful company, and it is still worth 1000 million. Now, if Using 2000 million to acquire Longsheng Bank is actually almost the same, if we can bring it back to life in the future, this investment is still very worthwhile.”

Qin Haoran nodded slightly, and said: "It is only our Hang Seng Bank that has this ability. If it is someone else, the acquisition of Longsheng Bank will not only fail to bring it back to life, but will even be affected by it and make your own reputation worse." It stinks too."

Li Guowei said to Qin Haoran: "But Mr. Qin, our Hang Seng Bank can't afford 3000 million yuan to complete the acquisition now. This fund..."

Qin Haoran waved his hand: "It's okay, this fund comes from our 'Zeus Fund', you just need to get it back on the normal track as soon as possible after taking over the Longsheng Bank, of course, you have to get it back as soon as possible." Digest it and make Longsheng Bank a part of Hang Seng Bank."

He Shanheng nodded heavily. He knew that it would not be an easy task to digest the entire Longsheng Bank, especially the management system and personnel issues.The management of Longsheng Bank is very different from that of Hang Seng Bank. One of them is that the family management is too obvious. Letting Longsheng Bank borrow heavily to Zhongyuan Garment Factory is an example. Although this can make the Qin family's management of Longsheng Bank more It is solid, but it has a very restrictive effect on the development of Longsheng Bank itself.

Reforming the management system is one aspect, and another aspect is the personnel structure of Longsheng Bank.In addition to Qin Zhongyuan, Qin Haoyuan, and Qin Haohan whose positions in Longsheng Bank need to be removed, there are also many old officials of the Qin family. In order to prevent them from colluding with internal and external enemies, He Shanheng also has to remove them one by one.

Although there are many people with real materials, He Shanheng does not allow anyone to destroy Hang Seng Bank in the process of digesting Longsheng Bank. "Killing" to cut off all those unstable factors.

At this time, Li Guowei said: "Mr. Qin, besides Longsheng Bank, there are still many Chinese-funded banks that are in trouble. If we buy them all at this time, our strength will be greatly improved."

However, Qin Haoran shook his head and said: "You can't eat too much. Among the Chinese-funded banks that are on the verge of bankruptcy, many of them are not strong enough. There are even many Chinese-funded banks that have a lot of bad debts. One thing is that many of these Chinese-funded banks are family-owned businesses like Longsheng Bank, and this kind of bank is too difficult to "digest", if it weren't for Longsheng Bank's large market, I would not buy it."

Li Guowei also nodded after hearing the words, and Qin Haoran continued: "Although it is said to be a good time for the development of Hang Seng Bank, we should not be impatient, too hasty, and quick success, it will only be self-defeating. Do it well, Hang Seng Bank is the most promising bank to surpass HSBC, which is why HSBC spares no effort to suppress you."

(End of this chapter)

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