Age of Dreams

Xiao Qi can't even think about acquiring Hong Kong's HSBC, Hang Seng Bank, Bank of East Asia, Nanyang Commercial Bank and other large banks.

In addition to the hundreds of billions of renminbi required for funds, because these banks are too entangled and the water inside is so deep, Xiao Qi doesn't want to get into troublesome battles.

Therefore, acquiring small and medium-sized banks in Hong Kong, especially family-controlled small and medium-sized banks, is the best choice.

There are not many small and medium-sized family banks in Hong Kong, about seven or eight.

China Merchants Bank was the first mainland bank to acquire a family-controlled bank in Hong Kong. It is a good advice to find someone with experience like them who is negotiating.

Yu Minwei knew that Xiao Qi was definitely not coming to him for tea and chat, maybe there was a big move.

The itchy vice president didn’t have anything to hold back in front of Xiao Qi, so he asked with a few words: "Qiao Shao, are you looking for me today? Is there anything I need to help? Just talk!"

"Which step did you talk to Wu Jiashang?" Xiao Qi asked with a smile.

"It's so bad...oh!?"

Yu Minwei spoke for a while, and almost jumped off the sofa in fright.

His face was uncertain, he looked at Xiao Qi for a long time, and then asked dumbfoundingly, "Little Qi, how did you know?"

"It's not a secret thing. The Wu family has this intention. Haven't negotiated with others in the past few years?" Xiao Qi evasively said: "Your China Merchants Bank wants to get it, I am afraid that the price is not small?"

Perhaps because of Xiao Qi's identity. And his background irrelevant to the banking industry, after Yu Minwei was shocked. He calmed down and said, "Who said no? They asked for too high a price. They only asked for 30 billion Hong Kong dollars for 53.1% of the shares. Really, our money came from the wind?"

"Wing Lung Bank has performed well. It is one of the top ten banks in Hong Kong. It has more than 30 business outlets and a market share of more than 5%. The return on capital is also 13%. If it were me, I would not want to sell it at a low price. Shares." Xiao Qi said silently.

"Oh! We bought it, isn't it because we valued their benefits?" Yu Minwei drank coffee and said with a sad face: "But at such a high price, we can't talk about it! If you really paid so much, go back. The old president will be able to beat me down."

"Want to hear my suggestions?" Xiao Qi smiled.

"Of course!" Yu Minwei's jīng suddenly lifted. "Qi Shao, do you have a good way?"

"It's too late." Xiao Qi said faintly: "Put them out and talk about them next month. If it doesn't work, just dry them out."

"Uh...I won't play off like this?" Yu Minwei disagreed a little, "It's not just our family who is staring at this piece of fat."

"But you can only give a high price." Xiao Qi shrugged. "Foreign banks are famously cautious about acquisitions. The Wu family's shares are at most 15 billion yuan. They shouted a sky-high price of 30 billion yuan. Which fool is willing to take over? Except for banks in China. Which bank does not consider profitability. Question? The high price means that it will not be profitable for a few years. Who of them can afford it?"

Being so slightly mocked by Xiao Qi. Yu Minwei became embarrassed.

But he couldn't get angry, not to mention the fact that this was the case, and Xiao Qi's identity made him feel angry and suffocated.

"Relax, I estimate that you can reach an agreement at around 18 billion yuan." After the heavy words, Xiao Qi started to wake him up again, "President Yu, don't forget, the stock market has plummeted in the past two days! Seeing the subprime mortgage crisis spread all over the world, it is precisely when the stock price is being suppressed, what are you doing in such a hurry?"

"Huh?! Right!!"

There was a flash of light in Yu Minwei's mind, and he suddenly realized that he patted his thigh and was pleasantly surprised.

Xiao Qi came to Hong Kong on the 14th yesterday.

Yesterday the United States, the European Central Bank and the European Central Bank all announced a large-scale rescue, but in the afternoon, dozens of famous European and American supergroups such as Wal-Mart announced that they had suffered huge losses because of their involvement in subprime mortgage bonds. .

As a result, the 72 billion U.S. dollars just injected by various countries immediately disappeared like small water droplets, and the US stock market fell to its lowest point in the past eight months.

Coupled with the uproar of China's zhèngfǔ anti-dumping investigations and unfair competition investigations of EU countries, European stock markets have also collapsed as the United States can no longer hold them, with an average drop of more than 3%.

Because of the time difference, the Asia-Pacific stock market only started to react this morning. First, the South Korean stock market plummeted, and then it was the turn of the Hong Kong and Singapore stock markets. All in all, the stocks in Hong Kong and Singapore were bleak, not much better than the United States.

Yu Minwei devoted himself to the negotiation, but completely forgot about the changes in the external environment.

Now through Xiao Qi's reminder, I suddenly felt that it might not be a good thing to let them air their shares and let them see the decline in their stock prices.

With emotion, Yu Minwei looked at Xiao Qi in reverence and said, "Scared young man, your overall view is really not a boast. I will ask you for your advice in the future!"

"I don't dare to advise ~www.readwn.com~ but I also have a place to ask you, or that we can all help and benefit each other." Xiao Qi laughed and said in a shocking voice: "President Yu, do you think I am acquiring How about Guoxin Bank?"

"Uh!?"

Yu Minwei opened his mouth wide, and said in disbelief: "You...what did you say?"

"I have taken a fancy to Guoxin Bank." Xiao Qi said in a constant tone, "China Merchants Bank will help me negotiate, and the two banks will talk together. You can also press Wing Lung Bank to frighten them, thinking that China Merchants Bank has another goal! "

Yu Minwei calmed down, but his thoughts turned quickly.

Guoxin Bank is not one of the top ten banks in Hong Kong, with a market value of only more than 20 billion Hong Kong dollars. It has 15 branches in Hong Kong and belongs to a second-tier group. However, because it is also a long-established family bank, its business conditions are fairly good.

If, as the entrusted party, undertake the negotiation with China New Bank, then it will definitely give Wing Lung's Wu family some illusions, which is beneficial to suppress prices and better acquire them.

But the question is, why did Xiao Qi buy a Hong Kong bank?

What does he mean?

Does the fairy company have plans to move to Hong Kong?

If that is the case, the domestic business community will definitely have a huge earthquake! I am afraid that no high-level person wants to see this happening!

If China Merchants Bank played a role in fueling the flames here, you would definitely not be able to eat it!

(To be continued...)