Chapter 729 - Standard Chartered Bank Acquisition Plan Change (Chapter 2 Asking for Votes)

"Wing Lung Bank is going public?"

Xia Yu raised his eyebrows, muttered in his mouth, and thought about it in his head.

He remembered that Wing Lung Bank was a medium-sized bank in Heungjiang, and it was not too high among medium-sized banks, and the bank was controlled by the Wu Yisun family.

However, Wing Lung Bank has a solid foundation and has been established for more than 40 years, with a 25-storey building with an area of over 145,000 square feet in the middle of Connaught Road in Des Voeux Road Central and Western District of Hong Kong Island.

In 1975, a bank center was built on Niton Road in Mong Kok, with a height of 300 feet and a total of 25 floors, with a total area of more than 245,000 square feet.

It can be said that the current building is better than that of Jiuding Bank.

It seems that in the previous life, Wing Lung Bank was later wholly acquired by China Merchants Bank for more than 30 billion Hong Kong dollars, and the bank's total comprehensive assets reached more than 20 billion US dollars.

Overall, although Wing Lung Bank is only a medium-sized bank, it is a high-quality bank with a very stable development.

With excellent conditions for listing, it is no wonder that Standard Chartered Bank wants to push it to be listed.

It's just that although he had understood it before, Xia Yu's memory was a little blurry, and he asked Wang Qi.

"In which year did Standard Chartered Bank become a shareholder of Wing Lung Bank, and what is the shareholding ratio?"

Wang Qi obviously had done the relevant work before, and immediately replied: "Standard Chartered Bank became a shareholder of Wing Lung Bank in 1973, and now the shareholding ratio is 20%. ”

After speaking, Wang Qi added again: "Originally, when Jiuding Bank did not rise, Xiangjiang was fought by HSBC Bank and Standard Chartered Bank, but after the rise of Jiuding Bank, it had a certain impact on Standard Chartered Bank, and the influence of Standard Chartered Bank was somewhat weakened, so Standard Chartered Bank planned to put Wing Lung Bank listed to enhance the influence of Standard Chartered Bank. ”

"Standard Chartered Bank's customer base overlaps with HSBC, and Jiuding Bank overlaps even less, so it mainly competes with HSBC, for the listing of Wing Lung Bank, Standard Chartered Bank does not agree to let HSBC Bank as the underwriter, so the Wu family in order to push up the stock price as much as possible, so they approached us. ”

Although Standard Chartered Bank has some opinions, the Wu family is already dissatisfied with Standard Chartered Bank's prevention of them from finding HSBC as an underwriter, so they did not stop it because of the situation. ”

Xia Yu bowed slightly, understanding the Wu Yisun family's approach.

Any company goes public, it must find a strong brokerage or financial company as a stock underwriter, so that the stock price can be as high as possible, and strengthen the confidence of shareholders, so that the company can maintain a high stock price after listing.

At this time, Jiuding Securities Co., Ltd. is the strongest securities company in Xiangjiang, and has underwritten many companies to go public, and has achieved good results, and its reputation is quite good, so it is not surprising that Wing Lung Bank came to the door.

It is a good thing that Wing Lung Bank came to the door, which proves that Jiuding Securities Company has a good reputation, and it is impossible for Xia Yu to refuse them when they come to send money.

It's just that Wing Lung Bank has achieved a high stock price after listing, and Standard Chartered Bank, as one of the major shareholders, will definitely benefit from this, which will also drive the stock price of Standard Chartered Bank up.

This made Xia Yu frown.

Because when he was in London in May, he had already made a two-year plan to buy Standard Chartered Bank and the Royal Bank of Scotland.

At this time, the Bright Fund has already started, if the stock price of Standard Chartered Bank rises, it will inevitably increase the acquisition cost, and the profit from underwriting the listing of Wing Lung Bank will definitely not be comparable to the increased acquisition cost, and it will be a loss overall.

Moreover, the listing of Standard Chartered Bank's stock price and the expansion of its influence will have a certain impact on his acquisition plan.

It's just that since Wing Lung Bank has started the listing process, he can't stop it at all, even if he doesn't let Jiuding Securities Company underwrite, Wing Lung Bank can also find other brokers.

I have some headaches.

Xia Yu took a sip of tea and closed his eyes in contemplation.

Seeing the strange appearance of the chairman, Wang Qi sensed that something was wrong, and quietly thought about what was wrong.

"It looks like the plan has changed slightly, and we have to do it both ways!"

After a long time, Xia Yu's brows soothed, and a thought flashed in his heart.

Bright Fund is far away in London, starting from the secondary market, because Standard Chartered Bank was listed in London at the time.

However, Standard Chartered Bank has been in Xiangjiang for so long, and many of its shares have been dispersed into the hands of many British and Chinese-funded comprador families in Xiangjiang, and it is unrealistic to expect them to put their shares on the exchange and sell them.

Therefore, the best way to do this is to trade privately and unknowingly buy the stake in Standard Chartered Bank into your own name.

However, it is indeed inappropriate to let Jiuding Securities Company do it, the target is too obvious, and it is easy to cause trouble, so that Standard Chartered Bank is vigilant.

The best way is to let other people come forward, Jiuding Securities Company privately signed an agreement with it, let the other party buy on behalf of the future holders, and wait until the critical time to gather together to kill a fatal blow.

It's just that this requires a strict plan, and it has to communicate well with the Bright Fund, so as not to cause problems internally.

Thinking of this, Xia Yu decided to tell Wang Qi about the plan of the Bright Fund.

"Wang Qi, I'm in London to let the Bright Fund ......"

"You go and talk to George Berkeley, and you have a careful plan to buy Standard Chartered Bank in the safest way. ”

Wang Qi didn't know that the chairman was still working on Standard Chartered Bank's idea before, but when he suddenly heard this task, he felt his heart swelling up.

Standard Chartered Bank, which holds the right to issue notes in Hong Kong dollars, is an old giant bank in Xiangjiang, and if it can be acquired, the strength of Jiuding Financial Group will increase dramatically, which will be of great benefit to Jiuding Securities Company.

In addition, Jiuding Bank + Standard Chartered Bank can surpass HSBC in an instant in Xiangjiang and completely become the financial hegemon of Xiangjiang.

This kind of important task was entrusted to him, and he felt a heavy trust and sense of responsibility.

He nodded heavily and said with a serious face: "Chairman, I will do my best to complete this work." ”

"Well, this is the phone number of the general manager's office of the Bright Fund, if you can call George Berkeley directly, I will tell him okay, and you can contact him when the time comes. ”

As he spoke, Xia Yu took out a pen and paper and wrote a phone number on it.

Wang Qi solemnly accepted it and said, "Okay." ”

At this moment, there was a knock on the door: "Tuk Tuk!"

"General Manager, are you there?"

Xia Yu and Wang Qi in the room stopped talking, and looked at Wang Qi's inquiring gaze, Xia Yu bowed slightly.

Wang Qi said in a deep voice: "Come in!"

As soon as he finished speaking, the door opened, revealing a young man in his twenties.

The young man didn't expect Xia Yu to be there, and immediately said hello: "Good chairman, good general manager!"

Xia Yu smiled and nodded, and the young man walked in confidently, presented the document in his hand to Wang Qi and said, "General manager, this is the action plan formulated by our group. ”

"Well, put it here, I'll look for you after I finish reading it!"

Wang Qi said.

"Okay!"

The young man replied softly, then smiled and nodded at Xia Yu, preparing to leave the office.

Just as the young man was about to walk out of the office, Xia Yu, who felt more and more familiar with this person, suddenly said loudly: "Wait, what's your name?"

The young man was stunned for a moment, his heart was happy, and he immediately replied loudly: "Chairman Hui, my name is Yuan Tianfan." ”

"Yuan Tianfan?"

Xia Yu's pupils shrank, he looked him up and down, and the appearance of Yuan Tianfan in his previous life came to mind, which was really very similar, the difference was only that the Yuan Tianfan in front of him was very young and full of vitality.

PS: It seems to be a double monthly pass from the 28th, and at the end of the month, ask for a ticket!