Chapter 652

On the afternoon of October 25, in the suite where Li Feng is located, Yangmingshan foggy hot spring hotel.

"Boss, that's the general situation." Wu Jianmin reported his work to Li Feng in his pajamas and a lazy look.

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

"Boss, that's true. Fubon started with Cathay Pacific product insurance after the separation of the Cai family. In terms of life insurance, Cathay Pacific Life is obviously the leader of Wan Wan. Therefore, Cai Wancai and his son knew their weaknesses from the beginning and began to seek financial market business other than insurance.

Because of this, it has led to a series of radical financial policies. Although on the face of it, enterprises have developed rapidly, with the spread of the financial crisis in Asia, bay has naturally been greatly affected.

It exposed the weakness of Fubon in its previous crazy expansion. It invested too much and had too much risk. Now there are signs. Many invested enterprises began to lose money or even close down, and many are listed companies.

These listed companies have become "landmine stocks", but they have not fully erupted, but there are huge risks. Now the financial crisis in Southeast Asia is in full swing, and sooner or later it will fully erupt in bay. At that time, Fubon will face huge losses.

If Fubon does not take effective measures, it will hurt the muscles and bones at that time. In fact, it is not just Fubang. Many financial companies here have the same problems, and there are huge risks. " Wu Jianmin helped explain.

……

"Unexpectedly, there is such a thing. This is what Fubang Cai Wancai and his son told you?" Li Feng puzzled and said.

"Hehe... How could this be possible? This is the result of the data obtained at a lot of cost and analyzed by our analysts. Although we don't know the details, we can still get the results.

According to the spread rate of the current financial crisis, it is expected that by next year, Fubon's loss will be at least 10 billion new Bay dollars. " Wu Jianmin replied with a smile.

"Well, I think so. They can't expose their shortcomings." Li Feng agrees.

At this time, Lin Zhiling, who was taking notes on one side, stared at Li Feng and Wu Jianmin in surprise. As a person from Wan Wan, Fubang financial holding naturally understands. This is a financial group based on the largest property insurance company in Wan Wan.

The entire financial holding company exists at the top level in wanwan. Unexpectedly, when I first became an assistant to my boss, I heard such news. Fubang is facing huge risks, and its losses are in the unit of 10 billion, which is really frightening.

"In that case, is it possible for us to directly acquire Fubon?" Li Feng asked with bright eyes.

"Boss, this is unlikely and difficult. Moreover, even if there is a crisis next year, it is not difficult to seek assistance based on the details of Fubon and Cai family. At that time, Huamei will not have an advantage. I think Citigroup, which is bent on seeking expansion in Asia, will be our opponent.

Now we have occupied a preliminary position. This time, we are lucky. After the acquisition of Gangji bank, we accidentally contacted Fubon, which made this cooperation possible. After all, icing on the cake is far better than sending charcoal in the snow. " Wu Jianmin replied again.

……

"In a word, our reputation is too small." Li Feng said with a smile.

"It's true. Although Huamei has expanded rapidly, many people don't know. I think it's necessary for us to make good publicity. Even if we go public in the future, it will be beneficial to our IPO. Now it's not an era of 'wine is not afraid of deep alleys', so we pay attention to publicity and advertising."

"Oh, it seems that President Wu still blames me for letting you develop low-key!" After listening to Wu Jianming's words, Li Feng couldn't help laughing.

It turned out that when Huamei carried out a series of mergers and acquisitions, according to Wu Jianmin and the management, it was necessary to prepare for listing and a lot of publicity, but they were rejected by Li Feng.

The main reason is that Li Feng feels that he is not short of funds for development for the time being. There is no need to raise funds so quickly, and he just takes advantage of this time to develop low-key and accumulate strength.

In addition, Li Feng also promised to integrate all the resources of the bank after the financial crisis. At that time, it will be a large financial group across the United States and Asia. At that time, it can be listed at one time to achieve the greatest reputation effect.

……

It's not that Wu Jianmin's ideas are wrong. If you stand by Wu Jianmin's position, as for the development of Huamei bank, listing and publicity are naturally conducive to the development of the bank, but from the perspective of Li Feng, it's better to keep a low profile.

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

Even now, Li Feng believes that his every move may be on the desks of those families, consortia and government departments. If he goes through crazy publicity again, it will be more troublesome not only in the eyes of those in power, but also in the eyes of ordinary people.

Wealth moves people. This old saying is true. Now Li Feng has stepped up his efforts to hide wealth, and his personal shares in major companies are slowly decreasing. Li Feng's plan is to reduce his shares as much as possible before going public in the future.

But the transfer of shares is not a very simple thing. To put it mildly, those financial control departments and tax departments of Meidi are staring at it.

Recently, Li Feng has been cashing out, making use of the money made by 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.

……

Now, members including Huamei bank, Tianya investment bank and personal property consultants are advising Li Feng to spend money, otherwise he will pay high taxes next year.

Anyway, Li Feng recently remitted more than $3 billion in Huamei, Citigroup, Bank of America and other banks. For a time, several major cooperative banks thought Li Feng was selling the company.

The presidents of several major banks and relevant figures contacted Li Feng and asked for an explanation. These funds will be used by Li Feng to acquire those top properties, such as the properties in Times Square in New York, Manhattan properties and so on, all in the name of family funds.

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

"Let's talk about Fubang instead of Huamei. What do you think of Fubang, Mr. Wu?" Li Feng smiled and asked to change the topic.

"Boss, I don't think it's a good time to cooperate with Fubang. Otherwise, when these landmine stock crises break out, we will also bear huge losses. I think we can buy a small bank in wanwan first and get a foothold temporarily.

When others officially break out, it is our real opportunity. Although we are inevitably facing competition, at least we also have early advantages. It would be best if we could reach an agreement on priority cooperation first. " Wu Jianmin replied with a smile.

……

"Ha ha... President Wu, you should take advantage of the present and the future. It's not easy." Li Feng replied with a laugh. Naturally, he was very satisfied with his answer.

"Boss, this is the necessity for managers like me to exist!" Wu Jianmin is also full of confidence.

"Well, I look forward to your results."

"You must be satisfied..."

“……”