Rebirth 1991: My Financial Era

Sun Chen took Zhu Yin to have dinner with the Portuguese couple.

"Mr. Portuguese, here's to our friendship." Sun Chen raised Lafite.

"For friendship!" Portuguese also raised his glass.

"Portuguese, Huifeng's internationalization strategy is a great move. Now that the Cold War is over, international capital flows are accelerating, and the wave of internationalization has just begun." Sun Chen complimented Portugal.

"Mr. Sun's opinion is that Hong Kong cities are just small places. Because of Japan's real estate crisis, it may be difficult for the East Asian economy to grow at a high speed." Portugal said proudly.

"What the Portuguese Taipan said is that I don't know if Japan's real estate crisis will affect Hong Kong City." Sun Chen didn't mind misleading Mr. Taipan.

"With the flow of capital in the world, it's difficult for each economy to be immune, isn't it?" Portugal is very confident in his theory.

"You are right. Japan's growth potential has reached a bottleneck. This return of capital to the West will definitely bring prosperity." Portugal continued.

"Oh? What do you think of the European economy, such as the British Empire?" Sun Chen asked seductively.

"The United Kingdom is only experiencing a little trouble at the moment. I think that starting next year, the United Kingdom will return to growth." Portugal said.

"I admire you, Mr. Portuguese Taipan, what about pounds?" Sun Chen continued to dig holes.

"The British pound is still the leader in the old money world, and I firmly believe that its position will not be shaken." Portuguese said firmly.

"Yes, Mark was influenced by East Germany and is overrated."

In fact, it was just the opposite. Sun Chen now lied without changing his face.

"Yes, friend, cheers to our deal and our friendship!" Portuguese said proudly.

"Cheers!" Sun Chen smiled, like a successful fox.

Portugal's wife signed the repurchase agreement, and Sun Chen signed the check.

On Wednesday, Sun Chen led the acquisition team and sent the acquisition proposal to Portugal's office.

On the same day, Huifeng Bank and Hengsheng Bank both suspended trading and issued announcements stating that they were planning major restructuring matters.

In the afternoon of that day, Puves submitted the acquisition proposal submitted by Sun Chen to the board of directors of Huifeng Bank for discussion.

The acquirers of the acquisition transaction are Huaxing Holdings and Smith Alliance. Huaxing Holdings plans to acquire 57.15% of the shares of Hengsheng Bank, and Smith Corporation plans to acquire 5% of the shares.

The acquisition price is 1.2 times the closing price of Hengsheng Bank yesterday, a premium of 20%.

The acquisition method is cash acquisition, which will be paid in one lump sum after reaching an agreement.

The atmosphere at the Huifeng Bank board meeting was quite tense, with directors speaking out one after another.

"Taipan Puvez, is the Hengsheng Bank acquisition proposal you submitted to the board of directors an intention to sell our core company?" a director asked.

"Yes, sir. Our plan to return to London has been going on since 1987, when the former Taipan acquired the shares of the British Bank of Milan, hasn't it?"

Portuguese came prepared.

"So why did we sell Hengsheng Bank? You know, decades ago, we took it into our hands, but we spent a lot of energy and even triggered a financial crisis." A director asked.

"Yes, the Hengsheng Bank acquisition took a lot of effort, but what is this compared to our great strategic shift?"

Luvis insisted that Qingshan would not relax and was determined to move Huifeng back to London. And this was the opportunity Sun Chen saw.

"The purpose of acquiring Hengsheng Bank was to eliminate Hui Feng's competitors in Hong Kong City. Now that you are selling it again, aren't you afraid of introducing another competitor that spends money?" a director asked.

"If we don't introduce opponents, won't the money come in? For example, Bank of China Harbor City has already come in, can you stop them? 97 is approaching, my friend!"

"Their initiative to attack and our concession are two different things. Don't succumb to the enemy, Mr. Taipan."

"No, the port city is just a small place. If we shed our burdens, it will help us stand at the forefront of the international wave."

Portuguese was very eloquent, but the other party was dumb.

“Is the 20% premium price reasonable?”

The board of directors no longer dwelled on whether it was for sale, but instead asked about the price.

"Gentlemen, I remind you that by selling Hengsheng Bank, we will recover nearly HK$195 billion in cash, which will help us continue our acquisitions in London."

Portugal's passionate speech.

"Moreover, there are currently very few consortiums that can provide 195 billion in cash. Are you willing to sell it to the Huaguo state-owned bank?"

"Of course not, Mr. Taipan, you convinced us." The directors turned off the lights.

When Sun Chen received the call from Puves, he couldn't help but sigh: At any time, the fortress was breached from the inside.

Fund repurchase money is well spent.

Huifeng's board of directors issued an announcement that night that Huifeng Bank and Hengsheng Bank planned to carry out major asset restructuring at the same time.

The announcement shows: Huaxing Holdings Consortium plans to acquire 62.14% of the equity of Hengsheng Bank, at a premium of 20%, for a total of 194.4 billion yuan. The acquisition needs to be submitted to the Hong Kong Stock Exchange and the Hong Kong Monetary Authority for approval.

The Hong Kong Stock Exchange has an easy time, but the Hong Kong Monetary Authority has a hard time criticizing it.

"Mr. James, would you be honored to invite you to dinner tonight?"

Sun Chen called James. His fund subscription agreement has not been signed yet.

"Oh, Mr. Sun, I'm honored." James agreed happily.

At the dinner, James and his wife were well dressed and maintained the style of London aristocrats.

Sun Chen is in high spirits, and Zhu Yin is charming.

Zhu Yin has grown from a small host to a guest of the Financial Secretary and his wife, and her love for Sun Chen has become even stronger.

"Mr. James, this is your investment agreement. Please review it." Sun Chen said with a smile.

"Okay, my friend." James carefully read the complicated investment terms and then motioned for his wife to sign.

Mrs. James's offshore company invests in Huaxing No. 1 Fund, but it has nothing to do with James.

Therefore, James was very trustworthy and put the signed check on the contract.

"Mr. James, do you know Director Charles of the Hong Kong Monetary Authority?" Sun Chen asked.

"We know each other, you mean?"

"You may have learned about the Hengsheng Bank acquisition. I wonder if you can invite Mr. Charles to invest in my fund?"

Sun Chen looked at him with a smile.

James was recommended by Portuguese, so of course Sun Chen hoped that he would persuade Charles, using the same method.

"This matter may require a labor fee to be paid to your wife, sir." Sun Chen pushed the check back to James.

"Of course, friend, it's a pleasure to cooperate." James quickly collected the check and left.

Zhu Yin looked at Sun Chen with a smile, her eyes full of love.

Sun Chen called the waiter, changed the tableware, and continued the love dinner.

On Thursday, Zhu Yin once again accompanied Sun Chen to attend the dinner with Charles and his wife.

Sun Chen once again signed a short investment agreement.

On Friday, Huifeng Bank and Hengsheng Bank both issued announcements that the restructuring had been approved and trading would resume after the equity delivery.

Witnessed by the Hong Kong Monetary Authority, Puves and Sun Chen formally signed the Hengsheng Bank Equity Transfer Agreement.

The reporter clicked and recorded this historical moment on film.

Sun Chen immediately signed the transfer check for 162 billion yuan.

Qian Dazhuang and He Linshi took the agreement and went through the transfer procedures.

On Friday evening, Huifeng Bank and Hengsheng Bank both issued announcements that the equity acquisition transaction was officially completed.

As the headline of Star Daily commented, Chinese capital has successfully risen in Hong Kong!