Chapter 331: Curve Fundraising

"Yida, what's wrong?"

Huang Hongnian was talking to Zhang Yida about the acquisition of Bank Indonesia, and suddenly saw Zhang Yida answer the phone and his face was not good.

"Yimin Wealth had negotiated the acquisition of Barclays' wealth management business in Singapore and Hong Kong, and the agreement was signed.

This Barclay is suddenly going to regret it! There is still a little trust between people. ”

Huang Hongnian looked like a person who had come from the past and said: "It's normal! There is no credibility in the business field, and all that is important is profit.

Let's not talk about it far away, have you heard of the fact that I was cheated by Citibank for $1 billion in '08?"

Zhang Yida nodded, he had indeed heard of such a big incident at the beginning.

Huang Hongnian did not elaborate on this matter, but reminded: "Be careful when dealing with capitalist countries!"

"It's okay, the contract was signed anyway, and if Barclays wants to break the contract, it will compensate us $128 million.

After deducting attorney fees and audit fees, you can net $120 million!"

Huang Hongnian nodded, and then said: "You must not be led by their nose in this matter."

The more you behave, the more anxious they become. ”

"Well, old words!"

Zhang Yida shrugged, "I really don't care! I will definitely not be afraid of their threat!"

......

"Mr. Zhang, let's all have a good talk! It is not good for all of us to be so stiff all the time. ”

In an office at Barclays' Singapore office, Ms. Sun was the first to speak.

Ding Siyao, who was sitting next to Zhang Yida, couldn't help but speak, "Mr. Sun, if you don't cooperate with the final delivery procedure now, it has essentially constituted a breach of contract."

We can sue you at any time!"

"Let's sue, let's sue! We'll compensate you $128 million! Anyway, we won't sell this part of the business.

The London headquarters also gave instructions that it was not cost-effective to sell this part of the business at this time. We're going to run it ourselves!"

Ding Siyao didn't believe her words, and said with a smile: "You have sent invitations to customers and invited them to participate in the asset management signing ceremony of Yimin Wealth.

Now suddenly the company is not being sold. I'm sure customers will have some new ideas for Barclays. ”

"That's not always a worry about Laudin! We'll have an arrangement!"

The two women exchanged words, neither of them wanting to bow their heads.

Cliff suddenly looked at Zhang Yida and said, "Mr. Zhang, talk about your thoughts!"

"What can I think?" Zhang Yida said lightly, "I just want to say that the bank itself should be a financial institution that adheres to Cigna, and Barclays is a veteran bank with a glorious history of more than 300 years, and it may lose face in the world if it goes back on its word!"

"Yes, we did breach the contract, but we were willing to pay $128 million in liquidated damages, which is a manifestation of our compliance with the spirit of the contract. ”

Zhang Yida nodded, "Okay! Since Mr. Cliff has said so, then pay us liquidated damages!"

We'll do our best to help Barclays keep a low profile and it won't affect your business going forward. ”

Cliff shook his head, "Mr. Zhang, what you said is a little insincere. I know you want financial licenses in both Singapore and Hong Kong. ”

"Yes, that's right, we'd love to get a financial license. But besides Barclays, there are plenty of backup options.

With the $128 million you paid us, I can buy the full license of asset management in Singapore, as well as the Type 1-10 financial license in Hong Kong.

Do you think it's a good deal for the wealth of the people?"

Cliff felt a deep sense of despair, and indeed, as Zhang Yida said, it seemed that Barclays' default would be more beneficial to their people's wealth.

Barclays is now wrong to do anything other than sell the company to Yimin Fortune as soon as possible.

chose to breach the contract and run the company by himself, in addition to compensating the other party $128 million, he also had to endure the loss of customers;

If you choose to slowly survive with Yimin Wealth, you will lose customers and suffer heavy losses.

But as a citizen of the British Empire, he also has his own pride, he said: "Mr. Zhang, Singapore is a Commonwealth country, are you sure you want to choose to fight us here?"

If it takes a long time, it may not be possible to get $128 million in compensation in the end. ”

"I've talked to Temasek that in the near future they will be subscribing for some shares of Yimin Wealth from the secondary market. ”

Cliff frowned, Temasek is the investment company of Singapore's elite!

If Temasek had really taken a stake in Yimin Wealth, it would have been difficult to say whether the lawsuit, the outcome or the outcome of the lawsuit, and even the compensation would be lost.

He didn't doubt that there was anything wrong with this, after all, Temasek was indeed a shareholder of Ruixiang, and he also initiated the establishment of an industrial investment fund with Ruixiang.

To say that Zhang Yida and Temasek have no friendship, he absolutely does not believe it.

"Mr. Cliff, there is no point in talking about this now. What you should do is to complete the settlement with us as soon as possible. Stop the loss in time!"

Zhang Yida can't have a good impression of Barclays, and he always wants to take advantage of all kinds of advantages.

It's like a water business, and you have to sell me the water you sprinkle on the ground at a price, is there such a good thing?

The negotiations broke up unhappily, and when Cliff reported the situation to his superiors, he was sprayed with blood.

Now that Barclays is selling its business all over the world, it is inevitable to liquidate it at a low price.

The superiors directly scolded Cliff for being a pig and demanded that he must complete all the closing procedures within a week.

Barclays did not lag behind, and asked the team of financial planners to invite all the customers who were willing to switch to Yimin Wealth to Singapore as soon as possible.

......

Marina Bay Sands Hotel.

Nearly 1,000 billionaires from Southeast Asia and Hong Kong rushed to the scene in the Great Hall.

It's a bit crude, but it's too tight for one-on-one activities for these customers.

Except for a small number of customers who directly agreed to entrust assets to Yimin Wealth Management, other customers came to the scene.

Cliff first took the stage and spoke some scenes, such as thanking customers for their long-term support and companionship, and now handing you over to Yimin Wealth.

This is a miracle-winning company, listed on the New York Stock Exchange in three years, and has invested in dozens of unicorn companies.

Everyone is investing in their company, yes!

Then Ding Siyao gave a speech on stage, first showing the customers present the development process, operating data and various financial reports of Yimin Wealth in recent years.

Including which unicorn companies have been invested in, and what the current market value is, all of them have been shown.

This was followed by a Q&A session, where on-site investors could ask questions to Ding Siyao, who would be responsible for answering.

"Hello Mr. Ding, what changes will Yimin Wealth bring to our investors after accepting Barclays' related business?" asked a middle-aged man.

Ding explained: "We have taken over the business team of Barclays in its entirety, so it will not cause too much impact and volatility to our customers.

In addition, Yimin Wealth is also very good at equity investment in the primary market, and Ruixiang Industrial Fund is a strategic partner.

Through Yimin Wealth, you can participate in investing in outstanding Internet and technology companies in Chinese mainland, South Korea, India, Southeast Asia, and even the world in the future......"

In the audience, two middle-aged men who knew each other were communicating in Cantonese.

"Lao Huang, do you think this Yimin wealth is reliable?"

"It's hard to say, but to open your mouth and shut up is to invest in Internet and technology companies, which have a big valuation bubble. Lao Zheng, what do you think?"

"The company is too young, and the boss is too young, I'm a little worried!"

"yes, why don't you go to Citi and HSBC for their private banks!"

"Yes, to engage in finance, it has to be these old foreign-funded banks! Companies on the mainland can't. ”

Of course, some people are not optimistic, and some people are very optimistic.

Someone picked up the microphone and said: "The development of the mainland is advancing rapidly, and investing in the mainland of the motherland through the wealth of the people not only supports the construction of the motherland, but also can enjoy this development dividend."

Personally, I am very supportive and I am willing to invest an additional $10 million in addition to the original $10 million invested in Barclays!"

The man surnamed Zheng asked his companion Lao Huang: "Hey, do you think this is a request for investment? I'm afraid it's Shi Lezhi, right?"

"Haha," Lao Huang said with a smile, "I think so too! Why don't you invest in the mainland of the motherland? It is better to buy a few more houses in Hong Kong." ”

After Ding Siyao finished speaking, Zhang Yida took over from him.

Many people in the audience recognized Zhang Yida because he has had a high exposure in Southeast Asia in the past two years.

Invest in Zanda and make more than a billion dollars.

Initiated the establishment of an industrial investment fund with a total amount of up to 2.5 billion US dollars with the top Chinese chaebol in Southeast Asia......

There is a lot of news, and he is a man of the hour.

Zhang Yida walked up to the stage, looked at the nearly 1,000 billionaires in the audience, and said with a smile: "The people here are basically seniors in the business world, and I don't sell my limited business knowledge."

Let me briefly talk about the operation mode of Ruixiang Industrial Investment Fund! The follow-up will initiate the establishment of the fourth phase of the industrial fund, and everyone who is interested can also participate in it through Yimin Wealth.

In China, Ruixiang is a leading fintech company that has obtained full financial licenses except trusts, and is currently valued at $30 billion.

Ruixiang wants to replicate another company of the same type in Southeast Asia, a fintech company including a full financial license.

Ruixiang Phase IV Industrial Investment Fund is an M&A fund, which will acquire financial companies including securities, banks, insurance, etc. in Southeast Asia and form a financial group.

Ruixiang will empower these traditional financial institutions with financial technology and improve their industry competitiveness and work efficiency......"

Zhang Yida then used the huge LED screen behind him to display several sets of PPT.

"This is facial recognition technology, which can be used for credit anti-bullying ......"

"This is the Eagle Eye risk control system, which reviews thousands of dimensions of customer information in three seconds and completes the credit lending ......"

"This is the QR code payment ...... of Mobao Payment"

"This is the ...... of Ruixiang Financial Cloud Computing Center"

......

Many people in the audience watched it very seriously, and many of the financial technology technologies displayed by Zhang Yida were still a little novel in their opinion, and they even couldn't believe that China's technology had developed to this point.

Is this still their impression of China, which is white and poor?

Zhang Yida really took a fancy to the money in the hands of this part of the people, and only fooled the chaebol on the ship last time, and it is estimated that it will be difficult to raise funds again before seeing the return.

This time, he fell in love with the second-level small tyrants, although these billionaires worth tens of millions or hundreds of millions of dollars have less money, they can't stand the large number of people!

He was saddened by the loss of customers at Barclays, but today he was relieved to see nearly 1,000 people attending the conference.

With so many people, one or two percent should be one or two billion dollars.