Age of Dreams
Vol 2 Chapter 1354: The progress of the acquisition
Xiao Qi, who is in a good mood, smiles all over his face when he goes to work in the morning.
It’s just that he still hasn’t realized his wish to keep Yu Shanshan from getting out of bed. When Yu Shanshan goes to work today, she has better spirits than him. She is very rosy and charming. In all departments of the Fairy Company, there are few experienced beauties. The women laughed mysteriously at the first glance.
"Little boss, President Yu of China Merchants Bank asked you to have lunch at noon." As soon as he entered the office, a little beauty secretary walked up with a folder, "This is what you ordered, and President Yu's business is prioritized. deal with."
"I see." Xiao Qi said, "but you don't have to go outside, please come to the fairy canteen."
"Good~~"
The little beauties here stepped back, and the others over there followed suit. Before Xiao Qi walked into the office, he succinctly explained the priorities and key concerns of today.
That's it. Before entering the office, Xiao Qi had already understood some important news from last night to this morning, and dealt with some matters.
This is the advantage of a private company. Any order from the boss can be communicated as soon as possible, while a joint-stock company must follow the regulations. After the decision-makers reach a consensus, sometimes they have to report to the board of directors and the Securities Regulatory Commission. .
Thanks to the blessing of reincarnation and rebirth, Xiao Qi handled things very efficiently. Until lunch, the little beauties of the chairman's secretariat did not stop for a moment.
Busy is a bit more busy, but they still have a lot of energy to do, and there are a lot of smiles on their faces.
The reason is simple. When the little boss sits in the office, they all feel that they have the backbone, and they don't feel like they have lost their souls as they did some time ago.
After Xiao Qi's temporary departure this time. They deeply felt that all their power and respect came from the chairman Xiao Qi, so they had a stronger centripetal force.
To put it bluntly, if it weren't because they didn't have the confidence to beat Yu Shanshan, and Xiao Qi didn't finger them. I'm afraid these 16 little beauties in total have already embraced them.
However, it is a pity that Xiao Qi does not have the habit of eating grass on the edge of the nest, and it is even more unlikely that something will happen to his little beauty secretaries. If there is such a day, then after the teenagers eat them, the first decision is to treat them. Move away from your side and take charge of other businesses.
Don't talk about it.
At the time of lunch, Yu Minwei was thinner than before, but more energetic. Sitting in the box on the third floor of the Fairy Canteen, eating delicious Shuchuan dishes.
He was originally from the northeast, but he ate a lot of Hong Kong Cantonese dishes, and occasionally eating such a spicy and fragrant Sichuan Sichuan cuisine is definitely a treat.
"Hong Kong is good for everything, but it's too small!" Yu Minwei exclaimed while eating: "A small place, with 7 million people gathered, and it was extremely crowded. When I was young, I watched Hong Kong TV. I always felt like it was there. It’s a fashion paradise, but I didn’t expect to go there often after work. On the contrary, I think it’s just like that. It’s almost inferior to Fengtian.
"There is no way, the place is small, and no matter how much development it is," Xiao Qi smiled faintly: "So there is still a vast land and a broader ocean. That's where there is much to be done!"
"Ha ha."
Yu Minwei originally wanted to say something. Finally endured it.
Switching the subject, he talked about the business, "Qia Shao, China New Bank, the situation is very good. The two families in power. Because the return on investment is too low, they are already very tired of the banking industry. Among them, Lu The family probably owns 25% of the shares, and the Huang family owns 23% of the shares. During this period of time, the subprime mortgage crisis has made Hong Kong people panic, thinking that the financial crisis of 1997 will be repeated. When we contacted them, China Merchants Bank, They really thought that we gave up Wing Lung Bank and bought them instead. At the beginning, the estimated value of the quotation was only 28 billion, which was only about 15% higher than the market value."
"If you can push down, I'm not in a hurry." Xiao Qi shrugged, "Is the problem with the remaining small shareholders and retail investors?"
"There are more than a dozen institutions holding shares of Guoxin Bank, accounting for 28% of the total, and the remaining 24% is in the hands of retail investors in the stock market." Yu Minwei said: "Guoxin Bank’s profits have not been high in recent years. The average price is between 1 to 2 billion Hong Kong dollars. Dividends are naturally not so refreshing. Therefore, many investors do not like them very much. The subprime mortgage crisis is coming, and their stock prices have fallen to a small extent due to lack of confidence. Therefore, our people I also feel that if you stay on slowly for a while, you can at least receive 80% of the stocks at a low price. The target price for delisting and privatization will be around 22 billion Hong Kong dollars."
Xiao Qi pondered it. Now the RMB and Hong Kong dollar exchange rates are similar. 22 billion Hong Kong dollars is 22 billion RMB, plus handling fees, etc., at most 23 billion, which is not expensive.
In fact, the key to a bank of the size Xiao Qi has in mind is how to enter the mainland market.
Even though there are many banks in Hong Kong that have business in the Mainland, there are not many of them. If you want to do a good job, you have to pay attention to it. The best thing is to hire more professional banking elites.
But this is all for the future. After the Guoxin Bank is purchased, only banks can recruit talents. Otherwise, there is nothing to say. No matter what Xiao Qi said, not many people dare to come.
In his thoughts, Xiao Qi said: "If the price of the shares of those investment institutions is right, slowly find someone to absorb it~www.readwn.com~ These people are much more difficult to deal with than the Lu family and the Huang family. They know that we are going to privatize, so the lion must speak loudly."
"Well, we also have this plan, and we are entrusting other funds to accept." Yu Minwei said with a smile: "It just so happens that we are at Wing Lung Bank. The acquisition of the two banks is going on at the same time. Let us negotiate. The personnel are all pondering and reviewing each other, and it is more convenient to promote the smooth completion of the task."
"It's fine if it goes well." Xiao Qi pondered, "In short, before the completion of the privatization, people must not know that the Fairy Company is the acquirer!"
"I understand!"
Yu Minwei nodded solemnly.
China Merchants Bank does not do much of this kind of investment banking entrusted business, but Lulu always knows that in the end, Guoxin Bank will be linked to a fund, and then the bank will be completely sold to Xiao Qi.
Otherwise, everyone knows that Xiao Qi wants to buy this bank, and this kind of ridiculously priced thing can definitely be done.
Xiao Qi was not afraid of giving more money. What he feared most was accidents. (To be continued...)
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