Rebirth

On the afternoon of October 25th, Yangmingshan Chuwu Hot Spring Hotel, in the suite where Li Feng is.

"BOSS, the general situation is like this." Wu Jianmin reported to Li Feng, who was wearing pajamas and looked lazy.

"In other words, Fubon is facing a huge risk of loss in the future. This is the main reason why they seek cooperation?" After listening to Wu Jianmin about the Fubon negotiation process, Li Feng confirmed with a smile.

"BOSS, it is true. After the separation of the Chua family, Fubon started with the original Cathay Pacific Insurance. In terms of life insurance, it is clear that Cathay Life is the leader of Wanwan. Therefore, Cai Wancai and his son knew their own weaknesses from the beginning. Began to seek financial market business beyond insurance.

It is precisely because of this, which led to a series of radical financial policies.Although on the face of it, companies are developing rapidly, but with the current financial crisis spreading across Asia, Gulf Bay is no exception being greatly affected.

Among them, it exposed the weaknesses of Fubon’s previous crazy expansions. There was too much investment and too much risk. Now there are signs of it. Many invested companies have begun to lose money or even close down, and many are listed companies.

These listed companies have become'landmine stocks', that is, they have not yet fully exploded, but there are huge risks in them. Now the financial crisis in Southeast Asia is in full swing, and sooner or later, it will be fully erupted in the Gulf. At that time, Fubon will Facing huge losses.

If Fubon does not take effective measures, then it will be broken.In fact, it is not only Fubon, but many financial companies in Bay Bay have the same problem, and there are huge risks in it."Wu Jianmin helped to explain.

...

"Unexpectedly, there is such a thing, this is what Fubon Cai Wancai father and son told you?" Li Feng said with confusion.

"Haha... how is this possible? This is the result after we obtained the information at a lot of cost and then analyzed it through our analysts. Although the details are not clear, the result can be roughly obtained.

According to the current rate of spread of the financial crisis, Fubon’s losses are expected to be at least tens of billions of New Gulf Dollars by next year."Wu Jianmin replied with a smile.

"Well, I think so, they can't expose their shortcomings." Li Feng agreed.

At this time, Lin Chiling, who was taking notes on the side, looked at Li Feng and Wu Jianmin with wide eyes in surprise. As a member of Bay Bay, Fubon Financial Holdings naturally understands it. This is the largest property insurance company in Bay Bay. A financial group established as a foundation.

The entire financial holding company is at the top in Bay Bay. I didn’t expect to hear such news when I first started as an assistant to my own boss. Fubon is facing huge risks and losses are in units of tens of billions. Scary.

"Since this is the case, is it possible for us to directly acquire Fubon?" Li Feng asked with his eyes bright at this time.

"BOSS, this is unlikely, it is too difficult, and even if a crisis really breaks out next year, with the wealth of Fubon and the Cai family, it is not difficult to seek assistance, then we will not have the advantage of gorgeousness, I think for example Citigroup, which seeks to expand in Asia, will all be our opponents.

Now we are occupying an early position, and this time we are lucky. After acquiring Hong Kong Bank, we unexpectedly contacted Fubon, which made this cooperation possible.After all, icing on the cake is far better than giving charcoal in the snow."Wu Jianmin replied again.

...

"Speaking of which, our reputation is too small." Li Feng said with a smile.

“It’s true. Although we are expanding rapidly, many people don’t know. I think it is necessary for us to publicize it. This way, even if we go public in the future, it will be beneficial to our IPO. In the age of not being afraid of deep alleys, all people pay attention to advertising."

"Oh, it seems that Mr. Wu is still blaming me for letting you develop low-key!" Hearing Wu Jianming's words, Li Feng couldn't help but laugh.

It turned out that while Huamei conducted a series of mergers and acquisitions, according to Wu Jianmin and its management, it had to prepare for listing and also required a lot of publicity, but it was rejected by Li Feng.

The main reason is that Li Feng feels that he has no shortage of funds for development for the time being, and there is no need to raise funds so quickly, and he just took advantage of this time to low-key development and build strength.

In addition, Li Feng also promised that after the financial crisis, all the resources of the bank will be integrated, and then it will be a large financial group spanning the United States and Asia. At that time, it can be listed in one go and gain the greatest reputation. effect.

...

It's not that Wu Jianmin's ideas are wrong. From Wu Jianmin's standpoint, as the development of East West Bank, listing and publicity are naturally beneficial to the development of the bank, but from Li Feng's perspective, low-key development is more beneficial.

Li Feng's strength is eye-catching enough. The major companies under it are developing rapidly. It is expected that Li Feng's Century Group will be selected as the Fortune 500 this year.According to Li Feng's prediction, in the future, several companies under the group will have the strength of the top 500, which is really eye-catching.

Even now, Li Feng believes that his every move may be on the desks of those families, consortia, government departments, etc. If once again after some crazy publicity, in addition to entering the eyes of those in power, they will also enter the eyes of ordinary people. It was even more troublesome then.

Wealth is touching. This old saying is true. Now Li Feng is stepping up to hide his wealth. Individual shares in major companies are slowly decreasing. Li Feng's plan is to reduce his shares as much as possible before going public.

But transferring shares is not a simple matter. To put it bluntly, the financial control and taxation departments of the U.S. Empire are all watching.

Recently, Li Feng is cashing out, using the money he earned from the financial crisis, and then obtaining Li Feng’s private shares through funds and investment companies registered in the tax-free zone.As a result, Li Feng's shares are decreasing, but his cash is increasing rapidly.

...

Today, members including East West Bank, Tianya Investment Bank, and personal personal property consultants are all advising Li Feng to spend money, otherwise he will have to pay high taxes next year.

Anyway, recently Li Feng has successively remitted several hundred million U.S. dollars from Huamei, Citi, Bank of America and other banks.At one time, several major cooperative banks thought that Li Feng was selling the company.

The presidents of several major banks and related figures contacted Li Feng and asked about the situation, so that Li Feng could explain.These funds will be used by Li Feng to acquire the top properties, such as the properties in Times Square, Manhattan, etc., in the name of family funds.

But even with so much cash, the combined value of Li Feng's shares is still rising. On the Forbes list next year, Li Feng estimates that he will continue to increase his ranking.

"Don't talk about Huamei, let's talk about Fubon, then what do you think of Fubon, Mr. Wu?" Li Feng asked with a smile and changed the subject.

"BOSS, I don’t think it’s a good time to cooperate with Fubon now. Otherwise, when these landmine stock crises erupt, we will also suffer huge losses. I think we can first acquire a small bank in Bay Bay and temporarily gain a foothold. That's it.

When people officially break out, it is our real opportunity. Although we will inevitably face competition, at least we also have early advantages. If we can reach a priority cooperation agreement first, it would be best."Wu Jianmin replied with a smile.

...

"Haha..., Mr. Wu, you have to take advantage of the present and future advantages. It is not easy." Li Feng replied with a big smile, naturally very satisfied with his answer.

"BOSS, isn't this the necessity for a manager like me!" Wu Jianmin also replied confidently.

"Well, I look forward to your results."

"You must be satisfied..."

"..."