Inherit For Three Thousand Years

It is not difficult for Xiao Yao to become a shareholder of Fenghui Bank, but it is very difficult even for Xiao Yao to obtain control of this bank, and he must have the right opportunity to do it.

Now that Morgan told him that there is an opportunity for him to take full control of this old Hong Kong Island British bank, Xiao Yao is really interested.

Founded in 1865, HSBC Bank has a long history and is also the largest registered bank on Hong Kong Island.

Fenghui Bank, Bank of China (Hong Kong) and Standard Chartered Bank are the three major note-issuing banks in Hong Kong Island. Its headquarter is located in Hong Kong Island Fenghui Bank Building, No. 1 Queen's Road Central, Central. Fenghui Bank and its subsidiaries are mainly established in the Asia-Pacific region. More than 700 branches and offices.

Fenghui Bank is a leader in the financial market of Hong Kong Island. In terms of deposit market, Fenghui Bank has a market share of 24%, while credit card balances have a market share of 29%. Mortgage and life insurance market share respectively It is about 17% and 20%.

Fenghui Bank Co., Ltd. has never stopped serving the mainland for more than 100 years. It is one of the foreign banks with the largest investment in the mainland. The total investment in Chinese financial institutions in the mainland and its own development has exceeded US$5 billion, including Bank of Communications has a 19% stake, Ping An Insurance has a 16.80% stake, and Bank of Shanghai has an 8% stake. Hong Kong Island Magic City Fenghui Bank Co., Ltd. has a branch in Magic City, which is engaged in foreign exchange wholesale business.

On April 2, 2007, Fenghui Bank (China) Co., Ltd. officially opened. The former Mainland China branch of HSBC Bank Limited.

By 2014, Fenghui China had reached 135 bank outlets.

The enterprises under Xiao Yao's name are enough to form a large consortium, especially after he received the DuPont family's property of more than 300 billion U.S. dollars, the Swire consortium under his name can be regarded as a large consortium even if it is placed in the world. The consortium is gone.

If such a large-scale consortium can own an international bank under his control, it will be equivalent to having wings, and the speed of future development must be astonishing.

Of course I can't let go of the opportunity to control Fenghui Bank. I don't know much about the current situation of Fenghui Bank. I need you to introduce it to me.

Seeing Xiao Yao's interest, Morgan continued: It is definitely an excellent time to buy shares in Fenghui Bank now, which will allow you to control this large international bank with minimal cost.

Fenghui Bank plays a pivotal role in Asia, and its profits mainly come from its Asian business. In 2017, the pre-tax profit of Fenghui Bank was 17.2 billion US dollars, of which the profit in Asia was as high as 15.3 billion US dollars, which is very staggering.

In January this year,

HSBC has a market capitalization of about $220 billion. Recently, due to the double impact of performance and reputation, the stock of Fenghui Bank has been falling. In January 2018, the stock price of Fenghui Bank was still around HK$86. At present, the stock price of HSBC Bank has fallen to around HK$36, with a total market value of only 754 billion Hong Kong dollars, approximately US$97.2 billion.

With such a huge drop in a short period of time, the acquisition of Fenghui Bank at this time will allow you to pay the minimum price and gain control of Fenghui Bank.

Everyone in China knows the filth of Fenghui Bank and Huawei, and of course Xiao Yao also understands it.

But he really didn't know that Fenghui Bank's stock price had been cut in half. This figure of decline is really a bit alarming.

This decline is most clearly expressed in numbers. In January 2018, the market value of Fenghui Bank was about 1.75 trillion Hong Kong dollars, about 220 billion U.S. dollars, and now it has evaporated about 1,000 billion Hong Kong dollars, about 123 billion U.S. dollars or about 860 billion U.S. dollars. RMB.

Trillions of Hong Kong dollars have been evaporated in a short period of time. This change is really a bit surprising.

There is a saying in the Hong Kong Island movie that you will have to pay back sooner or later when you come out to mess around. Fenghui Bank’s profits mainly come from China. If you hold a Chinese job but scold Chinese mothers and do things that harm others and benefit yourself, you will still throw stones at them. own feet.

Retribution is coming soon!

In the modern history of China, Fenghui Bank earned very rich profits from China, which laid a solid foundation for Fenghui Bank's future development.

Even in modern times, Fenghui Bank's main business is mainly in China, and most of its income comes from the Greater China region. It can be said that the profits of the Greater China region determine the market value of Fenghui Bank.

For example, according to the financial report data of Fenghui Bank in 2017, the pre-tax profit of Fenghui Bank in 2017 was 17.2 billion U.S. dollars, of which the profit in Asia was as high as 15.3 billion U.S. dollars, while the business in Europe was loss-making, and the loss was huge, reaching 1.8 billion. U.S. dollars, equal to Fenghui's use of Asian earnings to subsidize the European region.

Most of these profits in Asia come from mainland China, Hong Kong, Taiwan, and Macau. The Pearl River Delta region alone contributed about US$500 million to HSBC.

It can be seen that the Chinese market is very important to Fenghui Bank.

At present, most of Fenghui Bank's profits come from the Greater China region. Logically speaking, Fenghui Bank should attach great importance to customers and markets in the Greater China region, but Fenghui Bank is not like this in actual operation, and it may even be ugly. to describe.

Before 2017, Fenghui Bank had been cooperating with Huawei, and some of Huawei's international business transactions were undertaken through Fenghui Bank, but Fenghui sold Huawei in order to absolve itself of guilt.

As early as 2012, Fenghui Bank was targeted by the U.S. Department of Justice for transferring money to Mexican drug lords. At that time, the U.S. imposed a huge fine of 1.9 billion U.S. dollars. This is definitely a huge scandal in the banking industry. Later, the U.S. Department of Justice sent Fenghui a group of monitoring personnel to monitor its transactions.

In addition, Fenghui Bank also faced negative news such as cooperating with terrorist organizations, helping the rich to evade tax on their assets, and leaking customer information on several occasions on a large scale. Under the temptation of huge profits, many international banks also have such private violations. For the sake of huge profits, there are many things that banks stop and take risks.

In this context, in 2017, Fenghui Bank was once again targeted by the US judiciary.

In 2017, Fenghui Bank faced prosecution by the US Department of Justice for illegal issues.

Due to the seriousness of the problem, in exchange for forgiveness from the United States and avoiding huge fines, under the coercion and lure of the United States, Fenghui Bank cooperated with the Ministry of Justice of the United States to launch an investigation on Huawei. The main targets of the investigation were Huawei and some Iranian partners. business dealings.

High-tech companies like Huawei have always been an important concern of the United States, and the United States has been trying to control Huawei or curb its development.

However, Huawei Technology is hard, and its bones are even harder, so it has never been listed. Huawei's non-listing means that the United States is inconvenient to control, and Wall Street's financial giants have nowhere to make profits.

If the U.S. ban is to use administrative means to suppress Huawei in terms of policy, and Fenghui Bank framed and framed Meng Qingzhou, it is a precise financial attack on Huawei.

In 2013, Meng Qingzhou provided Fenghui Bank with a PPT document, proving that Huawei had a normal business relationship with its Iranian partner and there were no violations. Under the circumstances, Huawei's PPT document was tampered with and handed over to the United States. In the end, this PPT became one of the important reasons for the United States to detain Meng Qingzhou.

This practice of Fenghui Bank can be said to be very ugly and disgusting. It not only violates the most basic principle of integrity of an enterprise, but also violates the industry rules for keeping customer information confidential. As an international bank with great influence , this kind of eating is quite ugly.

Now Fenghui Bank has been caught by the U.S. legal department and at the same time lost the trust of customers in Greater China. It is in a difficult period of internal and external troubles.

If Xiao Yao can win the controlling stake in HSBC at this time, this unfavorable situation can be reversed immediately.

It was precisely because of this that Morgan and Rockefeller had such a plan in mind.

This is indeed a very good acquisition target, but it can only be achieved by the combination of your Morgan consortium and the Rockefeller consortium. Then I will wait for the good news. Thinking of owning a large international bank soon, Xiao Yao was in a bad mood For excitement.

Morgan said in a big bag: Don't worry, President, it's no problem for the two of us to unite to take down such a large international bank with internal and external troubles. Besides, we can still use your power, President, as long as we let the outside world know , Chairman, if you want to win the controlling stake in Fenghui Bank, other consortiums must dare not lose face.

If my face is useful, you can borrow it.

Of course it is useful, and it is of great use. Your face is more awe-inspiring than the Morgan family and the Rockefeller family combined. The DuPont family disappeared within three days. With this example, it is not a matter of life and death. To reconcile the contradictions, no one is willing to be your enemy, President.

When Morgan said this, he really wasn't flattering, it was indeed the case.

The conflict between Xiao Yao and David DuPont in the clubhouse, there were other people present at the time, and many people saw the process in their eyes. At that time, Xiao Yao said that he would let the DuPont consortium disappear in three days. There are not one or two people who arrive.

Maybe people thought Xiao Yao was talking big at the time, but the DuPont family was really destroyed within three days, and Xiao Yao could actually do what he said. , ever more terrifying and awe-inspiring.

The top consortiums in the world have basically dealt with Pan Wu before, and even if they haven't, at least they've heard about this man and some of his legendary things.

As the only descendant of Pan Wu, Xiao Yao has the same magical ability as Pan Wu, which is not surprising.

Before the DuPont family collapsed, people might have doubts about Xiao Yao inheriting some of Pan Wu's abilities, but after this incident, no one doubted Xiao Yao's abilities anymore.

In the eyes of these top chaebols, the ability Xiao Yao displayed is even more terrifying than Pan Wu!

There are many legendary deeds in Pan Wu, and those who go against him basically end badly. But Pan Wu absolutely couldn't do it. In just three days, the world's top chaebols like the DuPont consortium disappeared in smoke. He was able to destroy the DuPont consortium, but it would also take time, not even a year or so, and Pan Wu would definitely not be able to do this.

People can't guess how Xiao Yao did all this, because the result is too unbelievable and unbelievable. The more they can't guess the result, the more people think Xiao Yao is mysterious, and the more they treat him awe.

Now that he has decided to take Fenghui Bank into his pocket, Xiao Yao needs to understand the shareholder composition of Fenghui Bank next.

You just said that your **** is the third largest shareholder of Fenghui Bank. I wonder how many shares you own in Fenghui Bank? Who are the other major shareholders?

Morgan said: We are the third largest shareholder of Fenghui Bank on the surface, owning 4.93% of Fenghui Bank's shares. In fact, we also secretly hold 9.45% of Fenghui Bank's shares through other institutions. In other words, we **** hold a total of 14.38% of the shares of Fenghui Bank.

The largest shareholder of HSBC Bank is BlackRock, which holds nearly 6.8% of HSBC through different funds it manages. The second largest shareholder of Fenghui Bank is Ping An Asset Management Company. Recently, Ping An Asset Management Company purchased some shares of Fenghui Bank, and now the shareholding ratio has reached 5.01%.

Except for the three major shareholders on the surface, the number of shares owned by other shareholders is not large, and the largest shareholding is less than 3%.

I have analyzed it in detail with Rockefeller, and the 6.8% stake held by BlackRock can definitely be acquired. In addition, we are sure to acquire 28% of the shares at the current market value from those small shareholders. The remaining shareholders have nothing to do with the two of us. If we want to continue to acquire the shares held by those small shareholders, I am afraid that we will have to buy them at a premium.

If I can successfully acquire Fenghui Bank, with the influence of the two of you, it should not be difficult to solve the problems in the United States. After the news of Fenghui Bank becoming a Chinese bank is announced, those domestic troubles will naturally be solved. That is to say, once my Swire Investment successfully acquires Fenghui Bank, it will not take long for Fenghui Bank's market value to return to its peak. I am still very confident in this point.

Compared with the market value of Fenghui Bank after returning to the peak, the current stock price is indeed a bit low. As long as we can ensure the success of the acquisition, our food should not be too ugly, and we will give a premium. I will give a premium within 30%. acceptable. Xiao Yao gave his own suggestion.

Then Xiao Yao said to Daniel: After the successful acquisition of Fenghui Bank, the market value of Fenghui Bank has risen sharply. This is a sure thing. I authorize you to use this profit to acquire as much Fenghui Bank from the market After the market value of Fenghui Bank reaches its peak, it will appropriately reduce the shareholding ratio.”