v3 Chapter 1059： Bargaining assets with an original value of over RMB 0 billion

"Chairman, this is a summary of the results reported by each company."

In Jiuding Building, in Xia Yu's office, Huo Jianning came in with a folder and presented it on Xia Yu's desk.

"Well, you put it down, go to your business first, and then call you if you have something to do."

Xia Yu raised his head and glanced at Huo Jianning, then looked at the folder on the desktop, and then continued to write about the planning plan of the United Stock Exchange.

"Ok!"

Huo Jianning obediently responded softly. In order not to disturb Xia Yu, he stepped lightly and gently closed the door when he left.

Half an hour later, Xia Yu put down the pen, gave a lazy waist, and let out a long breath.

Looking at the plan that has been written a few pages, a curve of his mouth conjured up.

After getting up and flexing his muscles, he poured himself a cup of tea and drank it leisurely, picking up the folder that Huo Jianning handed over and flipping through it.

This folder contains a list of assets acquired from the Swire Consortium and Carrian Group. For these, Xia Yu directly skips.

He focused his attention on assets other than these two main entities, such as:

Hang Seng Bank has a 25% stake.

10.8% of the Bank of East Asia.

18.6% of the shares of HSBC.

Wing Lung Bank has a 35% stake.

Chong Hing Bank holds 100% equity.

Heung Kong Wing Hang Bank holds 100% equity.

Malaysia Guangli Bank holds 100% equity.

Heung Kong Telephone Company has a 24.5% stake.

The Hong Kong branch of Great Eastern Telecom has a 31.3% stake.

...

These assets are all high-quality assets, especially those of HSBC, Hang Seng Bank and Bank of East Asia.

And Xiangjiang Aircraft Engineering Company also completed the privatization at this time of downturn.

In addition to a few percent of the shares of HeungKong Telephone Company, excluding the 20% fixed shareholding by the Hong Kong Government, the rest has been acquired and the absolute control of HeungKong Telephone Company has been completed.

In addition to the equity held by the parent company and the Hong Kong government, the Hong Kong branch of British Great Eastern Telecom Company has basically been acquired. As long as the parent company is dealt with and the equity of the Hong Kong branch is stripped out, it can complete the absolute control of the branch.

In this case, the telecommunications market will be completely monopolized by Xia Yu.

At the end, Xia Yu saw a series of aggregated numbers.

Two hundred and twenty-five billion four hundred and seventy-five million Hong Kong dollars!

This is the total amount of funds consumed by all assets that have been acquired!

If you put it a few months ago, let's not mention whether these assets can be bought or not. Even if they can be bought, it will be at a high premium. Don't even think about hundreds of billions of Hong Kong dollars!

Let alone the bright future of these companies.

Sure enough, low-price bargaining is the best way to explosive development!

And now the bargain hunting has not stopped, and the consumption of more than 20 billion Hong Kong dollars is the scope of the entire consortium.

But think about the stock market crash, Jiuding Bank and Standard Chartered Bank have withdrawn nearly 15 billion Hong Kong dollars in total.

Jiuding Securities has even more, and the liquidity before the stock market crash has reached more than 26.783 million Hong Kong dollars.

These three companies have more than 40 billion circulating funds.

Other companies have a lot of working capital.

All the companies of the Jiuding Consortium only spent more than 20 billion in total. This is nowhere. The more eye-catching and attractive assets have been almost robbed, and the remaining valuable companies and assets are also covered more deeply. The volume is also smaller, and the subsequent capital consumption rate will continue to slow down.

But it doesn't matter, anyway, even if the outbreak period of the stock market crash has passed, as long as Xia Yu does not take the initiative to stimulate, there will be a long period of time in the economic downturn, enough to slowly acquire!

After reading the list of assets, Xia Yu thought for a while and made a call to Jiuding Bank. He had to explain some things to Liu Tianci face to face.

It takes a certain amount of time from Hong Kong Island to Kowloon Peninsula.

In about twenty-five minutes, Liu Tianci rushed to Xia Yu's office.

"Chairman, sorry to keep you waiting."

"It's okay, sit down by yourself!"

"Okay, Chairman, here are the three banks' information you want."

Liu Tianci replied, then opened the briefcase and presented the materials that Xia Yu told him on the phone just now.

"Well, let me see first!"

Having said that, Xia Yu flipped through the information of these three banks.

They are Chong Hing Bank, Wing Hang Bank and Malaysia Guangli Bank, all of which were long-established medium-sized banks that were implicated in this crisis and were wholly acquired by Jiuding Bank.

Among them, Chong Hing Bank, formerly known as Liao Chong Hing Bank, was founded in 1948 by the late banker Liao Baoshan. However, during the stock market crash in 1961, it was on the verge of bankruptcy due to a run crisis and was acquired by British capital for more than half of the equity, but it was unexpected for 20 years. Later, because of the run-on crisis, the British capital retreated, and the bank was wholly acquired by Jiuding Bank.

Wing Hang Bank was founded by veteran banker Feng Jingyao in Yangcheng in 1937, and then moved to Xiangjiang after World War II. It fell into a crisis during the stock market crash in 1973 and was purchased by the Irvine Trust Company of New York in the United States for half of the shares and introduced advanced banking technology. Linked to the international banking industry, there is a large business market in Southeast Asia. Wing Hang Bank demolished its old headquarters and rebuilt it into a 20-story head office building last year, which is very impressive.

Only this time Wing Hang Bank was dragged down by the Carrian Group and became a key run. Jiuding Bank seized the opportunity to buy back all the shares from the Hong Kong branch of the Irvine Trust Company in New York, and then bought the shares from other shareholders. Make it a wholly-owned subsidiary of Jiuding Bank.

The last Malaysia Kwong Lee Bank, formerly Kwong Lee Mortgage and Remittance Company, established in Kuching, Sarawak in 1905, was renamed in 1934. It is the oldest financial institution in Malaysia, but it started to expand its business on a large scale the year before. Chen Qingsong's Carrian Group seized the hard loan and scammed the Guangli Bank's loan of more than 500 million yuan. Several branches of Guangli Bank's Xiangjiang were madly withdrawn by Xiangjiang citizens.

Although Guangli Bank has a long history, it is not as supported by the Malaysian finances as the Yumin Bank behind the Yumin Finance. Therefore, it fell into a crisis and Jiuding Bank spent a lot of effort to acquire it wholly.

This bank, as Xia Yu knew, would have been acquired by Malaysia’s business giant Ma Lian Industrial Group and renamed Ma Lian Bank, and later by the Hong Leong Group of the Star City Kuo’s family, and changed to Hong Leong Bank, becoming Malaysia’s No. The four major banks also have large markets in other countries in Southeast Asia.

Jiuding Bank purchased Chong Hing Bank for HK$395 million, Wing Hang Bank for HK$457 million, and Guangli Bank for HK$523 million.

If these three banks were to buy a few months before they were squeezed, each would cost at least one billion Hong Kong dollars. Now the price of cabbage has been bought after the crisis.

Thinking of the previous purchase of 7.8% of the Swire Group’s shares held by Star City Qiu Deba, he had promised Qiu Deba to take out a bank worth more than one billion Hong Kong dollars for equivalent replacement. The bank also has to cover Hong Kong and Southeast Asia.

Xia Yu decided to use these three banks to trap the Qiu Family in Star City, his ally of choice.

After putting down the information, Xia Yu instructed Liu Tianci: "God, now that these three banks are all available, you can take a moment to think about integrating these three banks into one bank Liu Tianci knows that the chairman and Qiu The agreement between Durbar nodded and replied: "Okay, I'll start this when I go back. "

Xia Yu smiled and shook his head and said: "You don't have to spend too much time on it for the time being, just let the people below do it, and don't merge too quickly, as long as you finish it before June next year."

This strange order from the chairman made Liu Tianci stunned, but he didn't question it either. He nodded obediently and said, "Okay."

Xia Yu smiled and took the initiative to explain: "The total purchase price of the three banks is less than 1.4 billion Hong Kong dollars. Now that it is used to fulfill the contract, the Qiu family can obtain more than 40% of the equity, which is too much. The results of bargaining do not have to allow the Qiu family to sit back and relax. The banking industry will gradually recover in June next year and the effects of the merger of the three banks will be visible. It will be more cost-effective to fulfill the promises after the value increases."

Liu Tianci suddenly nodded with a smile and said, "Chairman, you still want to be more thorough. I will follow your instructions and strive to maximize the effectiveness and value of the three banks by June next year."

"Ok!"

"You can figure it out."

Xia Yu smiled and nodded and said casually.

Later, Xia Yu told Liu Tianci about some considerations for the acquisition, and also talked to him about the establishment of the United Stock Exchange, and asked him to return to Jiuding Bank.

ps: Explain to everyone that the daytime hours are basically consumed in the hospital today. Over the past two years is the norm. I have been sitting for a long time with codewords. Multiple factors have caused multiple damage to the body, such as the heart, chest, lumbar spine, cervical spine and thighs. I was uncomfortable for a while. I muster my courage to go to the city for a comprehensive inspection tomorrow morning. It is estimated that the inspection will be completed on Friday the day after tomorrow, so I have to ask everyone for leave tomorrow and come back on Friday to update again. Please forgive me, my life is important.