Rebirth, I am the most powerful business tycoon
Chapter 264
After the complete privatization of Huifeng, Jiang Feng transferred all the money stored in Citibank, UBS and other accounts back to Huifeng Bank. The transfer of 20 to 30 billion US dollars was undoubtedly a huge step for the two major banks, Citibank and UBS. A big loss.
For this reason, the two banks specially sent people to communicate with Jiang Feng, hoping that Jiang Feng could continue to deposit the money in the two banks.
Jiang Feng rejected the proposals from the two bank representatives without hesitation.
It was okay if he didn’t have his own bank before, but now that he has his own bank, only a fool would continue to put money in other people’s banks.
Faced with Jiang Feng’s tough rejection, representatives from the two banks returned disappointed.
“Boxin, how is the privatization of Hang Seng Bank going?”Jiang Feng came to the headquarters of Huifeng Bank, sat on the boss’s chair, and looked at Liang Botao.
“There is a problem that has not been solved yet”
“what is the problem?”
Jiang Feng asked
“The Xu family, a wealthy family in Hong Kong, holds 6 million shares of Hang Seng Bank. If they want to privatize it, there is no way around them. They hold 4%!”
“At present, I have communicated with Mr. Xu, and he expressed that he is very optimistic about Hang Seng Bank and is willing to hold it for a long time.”
Liang Botao said with a helpless look.
This Xu Shixun was completely an old stubbornness, and failed to reach an agreement after many communications.
Later, Xu Shixun even stated that he was not short of money and was not in a hurry to sell.
Liang Botao was helpless when faced with such a stubbornness.
The other party is from a well-known family, and cannot use coercion unless it injects capital to expand shares like the acquisition of Huifeng Bank.
Jiang Feng raised his eyebrows and said:”Then he means that he is unwilling to sell?”
Liang Botao nodded with a wry smile:”That’s it for now.”
Dong dong dong~~~
Jiang Feng tapped his fingers lightly on the table and made a sound
“Let’s just ignore him for now! First attract retail investors from the stock market, and then submit a privatization proposal to the Hong Kong Stock Exchange.”
Jiang Feng said after thinking for a while.
The Xu family is a wealthy and prominent family in Xiangjiang. The three brothers of the Xu family each run a business, involving shipping, mining, real estate, finance and other businesses.
Of course, the more important thing is that the Xu family and the well-established and prominent families in Xiangjiang They all have a good relationship.
If word spreads about attacking an old man rashly, the reputation will not be good.
Therefore, Jiang Feng decided to wait.
After everything else is settled, he will personally go out to meet this old stubborn man.
“By the way, boss, may I recommend someone to you?”
Liang Botao suddenly said
“Recommend someone?”
Jiang Feng was stunned, blinked, and looked at Liang Botao with a smile on his face:”Who is it?
Liang Botao smiled and said,”A big shot. He happens to be in the company right now. Please wait a moment. I’ll invite him over right away.””
“good!”
Jiang Feng nodded with a smile.
He was guessing who the big shot Liang Botao was talking about. He didn’t wait long.
He saw the big shot Liang Botao was talking about.
A middle-aged man who looked about forty years old, tall and tall. Tall.
Very strange.
“Brother Yuan, come, let me introduce you, this is my boss, Mr. Jiang Fengjiang”
“Boss, this is Mr. Yuan Tianfan. He used to be the CEO of the Stock Exchange. He just resigned recently. I would like to invite Mr. Yuan to join Huifeng.”
CEO of the Stock Exchange?
This is indeed a big shot.
Jiang Feng was slightly surprised.
Then he stood up, reached out to shake Yuan Tianfan’s hand, and said with a smile:”It turns out to be Mr. Yuan. No wonder I got up in the morning. Sometimes, I always felt like there was something happy happening, but now it’s clear…”
“Mr. Yuan, welcome to join Huifeng Bank.”
Jiang Feng was very happy.
Yuan Tianfan is a talented person. He has worked as a senior executive in banks such as Citigroup and Morgan in the United States.
Later, he was invited to serve as the CEO of the Stock Exchange.
It was a few years later that Yuan Tianfan truly became famous.
In 1999, he helped Li Zekai acquire a shell company worth HK$300 million. Then when the Internet bubble came, he proposed the Cyberport concept and successfully packaged the then Yingke ‘Cyberport’ into a technology concept stock. With the help of The Internet is booming, and Yingke Digital is being sought after by investors and investors, who all want to become Microsoft, Amazon or Google in the United States. On the first trading day of listing, the stock price rose 15 times.
Since then, it has continued to soar.
The market value quickly increased from tens of billions. It reached more than 200 billion Hong Kong dollars, even rivaling Li Jiacheng’s Cheung Kong Holdings at the time, becoming one of the top 10 listed companies in Hong Kong by market value.
Just as the two were rejoicing, bad news came from the United States, and the Internet bubble began to appear.
This made Li Zekai and Li Zekai Yuan Tianfan felt uneasy.
He was afraid that the bubble would burst.
In order to maximize profits, turning the then Yingke Digital into a real asset and business company became the top priority for both of them.
It happened that the Yingguo Dadong Telegraph Bureau was preparing to sell Xiangjiang Telecommunications Company , and negotiated with Lion City Telecom Company.
The news came, which made the two people happy.
Xiangjiang Telecom, which has a century-old history, is the absolute market leader, with a share of 97% in the Xiangjiang telecommunications market. In fiscal year 1999, Xiangjiang Telecom Corporation Revenue exceeds HK$32 billion and net profit reaches HK$11.507 billion. Not only does it have sufficient cash flow, but it also has no long-term liabilities.
However, in the context of the market generally being bullish on the Internet and bearish on traditional telecommunications, such a century of annual net profits of tens of billions Enterprise, its market value is actually not as good as the empty shell of
Yingdong Digital. The Yingguo Dadong Telegraph Bureau, which holds 54% of the shares of Xiangjiang Telecom, is also a bull on the Internet and hopes to speed up its rush to the Internet.
Yuan Tianfan and Li Zekai, who realized the God-given opportunity After discussion, it was decided to install Xiangjiang Telecom into Yingdong Digital. Their wish to implement Yingdong Digital would be realized in one fell swoop. What followed was a fight between dragons and tigers.
After sowing discord, they successfully destroyed the Eagle Kingdom Dadong Telegraph Office and the Lion Heung Kong Telecom Company’s transaction.
First, it exaggerated the history of Heung Kong Telecom in the society and stirred up the sentiments of Xiangjiang people. It also invited some financial scholars and big shots to publish articles that were detrimental to the City Telecom Company.
For a time.
Heung Kong Telecom Company’s The stock price plummeted.
At the same time, Yuan Tianfan went shirtless and had secret talks with Xiangjiang Telecom executives.
He said that Xiangjiang Telecom was facing the same transformation as them. Once Xiangjiang Telecom was acquired by Xiangjiang Telecom, Xiangjiang Telecom would definitely be Layoffs and cost reductions affected their interests.
Under Yuan Tianfan’s offensive, the management of Xiangjiang Telecom was shaken. After doing this, the only thing left was to confuse the rival Lion City Telecom.
At that time, Lion City Telecom proposed a US$5 billion plus stock investment. At that time, Dadong Telegraph Bureau wanted cash instead of stocks.
Yingke could not get out a penny at that time.
However, Yuan Tianfan used his super wisdom and first asked Li Jiacheng to lobby for a good relationship with the Li family. Huifeng Bank.
Because of the support of Xiangjiang Telecom and the fact that Li Jiacheng’s brand was there, Huifeng Bank happily and quickly accepted Yuan Tianfan’s suggestion.
Finally, after evaluation.
The syndicate of banks led by HSBC believed that Xiangjiang Telecom could afford the debt of US$13 billion, so they easily agreed to provide a syndicated loan of US$13 billion to Yingdong Digital, on the condition that the loan was limited to the acquisition of Xiangjiang Telecom.
Between US$13 billion and US$5 billion, it’s clear who has more and who has less.
Therefore, the Yingguo Dadong Telegraph Bureau, which was in urgent need of cash at the time, agreed to Yuan Tianfan’s plan without any hesitation.
Just like this, the white wolf, with nothing but Huifeng and other forces, acquired Xiangjiang Telecommunications Company.
From the beginning to the end of the battle, it only took 18 days.
Let Yingke Digital complete the transformation.
Subsequently, the company was renamed PCCW.
After swallowing up Xiangjiang Telecom, PCCW’s market value has skyrocketed, reaching a terrifying market value of HK$580 billion.
The two immediately cashed out a large amount of money and repaid Huifeng.
Just like this, he fell into the trap with nothing.
The two made huge profits.
And Li Zekai has become famous for a while, and is even considered to surpass his father Li Jiacheng.
Unfortunately, the good times did not last long.
The dot-com bubble eventually burst.
In the next two years, it dropped to only HK$20 billion.
The Battle of Yingke completely made Yuan Tianfan, the strategist behind the scenes at the time, famous.
None of these are the most important to Jiang Feng.
What made him happiest was the addition of Yuan Tianfan.
It means that Li Jiacheng lost a general.
Jiang Feng was very happy to have such a talented person blocking Hu Laoli’s way.
You'll Also Like
-
Villain: Madam, you don’t want your son to go to jail, do you?
Chapter 87 14 hours ago -
One Piece, I will gather the faith
Chapter 72 14 hours ago -
Saint Seiya: My Years as Poseidon
Chapter 112 14 hours ago -
Hong Kong Movies: Prison Crazy Dragon is out, Drunk on a Beauty's Lap
Chapter 122 14 hours ago -
Comprehensive Martial Arts: Starting with 800 Grandmasters, a burly man in heavy armor
Chapter 117 14 hours ago -
Running Man: Tearing off name tags at the beginning, Bai Lu collapses
Chapter 200 14 hours ago -
Pirates: Inheriting the Golden Lion's Ability
Chapter 201 14 hours ago -
Tomb Raider: Summon Uncle Nine at the Beginning, Wrath of Xiangxi
Chapter 100 15 hours ago -
Please don't force me to be a god.
Chapter 200 15 hours ago -
City: I have my own ideas for the facilities in my amusement park
Chapter 210 15 hours ago