Chapter 1014 Goldman Sachs Asia Pacific Division
When Li Guangyu and He Jin discussed the next development direction of Phoenix Group, Jiayi Building was holding a press conference to officially announce the listing plan of Jiayi Group.
Through the live broadcast of Jiayi News Channel, countless people and forces learned the news, and they were full of expectations for the shareholders who were more familiar with Xiangyu Culture Group, especially the shareholders of Xiangjiang, who firmly believed that they would never lose money by buying the shares of listed companies under the Li consortium.
Even some shareholders are very complaining in their hearts that Xiangyu Culture Group should not do any roadshows, so that they have more opportunities to grab stocks.
Elanli Hellington, head of Goldman Sachs' Asia-Pacific division, has been working in Xiangjiang for seven years, and Goldman Sachs has also achieved good results in Xiangjiang over the years, but the relationship between the American consortium and the Lee consortium has deteriorated in the past two years, so that the relationship between Goldman Sachs and the Lee consortium has gradually drifted apart.
In addition to the development of Lee's Tianyu Financial Group over the years, Goldman Sachs has long been more competitive than cooperative.
In Xiangjiang, at present, it is the world of HSBC, Tianyu Financial Group, Sun Hung Kai Securities, and Heung Kong Bank, and Goldman Sachs currently has no strength to compare with these major securities investment companies in Greater China.
For example, listed on the Xiangjiang stock market, Goldman Sachs is far from being able to compare with these companies in terms of IPO underwriters.
In fact, Elanlee Helington very much hopes to reach a strategic cooperation with the Lee consortium, but it is a pity that the Lee consortium itself has entered this industry, coupled with the opposition with the American consortium, so that the Lee consortium and its allies have no intention of going public in New York at all.
And on the Xiangjiang side, with the influence of the Lee consortium and its allies, there is no need to cooperate with them Goldman Sachs at all.
The listing of Xiangyu Culture Group will surely attract the attention of all parties, and with the profitability of this group, if it becomes the underwriter of the group's listing, Elanlee Hairington believes that it will be able to make a lot of money.
Seeing the huge profits but not qualified to participate, this made Elanlee Herrington very frustrated, this is only the second listed group of the Li consortium, and there are countless groups that may be listed later, and Goldman Sachs, as one of the world's top investment banks, is not qualified to participate, which makes her very unwilling.
After sitting in the office and thinking about it for a while, Elanli Hellington pulled out the phone number of Li Guangyu's assistant's office, and she hoped to meet with Li Guangyu to see if Goldman Sachs could reach a cooperation in the listing of Xiangyu Culture Group this time.
She knows very well that Le Yiling, president of Xiangyu Culture Group, cannot make decisions about this matter, and only if Li Guangyu agrees to the cooperation between the two sides, Goldman Sachs can participate.
Competition is competition, when she can make money, Goldman Sachs doesn't mind cooperating, she has some ideas in her heart, she believes that she can persuade Li Guangyu to let Xiangyu Culture Group reach cooperation with Goldman Sachs in terms of listing.
It's just a pity that she didn't get a good response. Li Guangyu's assistant office responded that Li Guangyu was not in the office at all, and it was uncertain whether Li Guangyu would have time to see her.
After hanging up the phone, Elanlee Helington convened a high-level meeting of Goldman Sachs' Asia-Pacific division.
At the meeting, Yi Lanli said: "I think everyone has heard the news, Xiangyu Culture Group is about to be listed, and with the current market value of Xiangyu Culture Group, once listed, it will inevitably become the No. 1 company in the market value of Xiangjiang Stock Market, I don't know what you think?"
The people attending the meeting are all elites, and they are quite sensitive to the news, and not long after Le Yiling announced the group's listing plan, these people knew the news.
It's just that Xiangyu Culture disagrees with those companies in Xiangjiang and even the Asia-Pacific region, which are backed by the Li consortium, and have strong channels and strength support behind them, and they don't need the assistance of Goldman Sachs at all, even if they know that there will be great profits in it, they can only watch, how can the Li consortium give them the profits in it Goldman Sachs to earn.
Now their Goldman Sachs Asia-Pacific division is not in a very good situation, especially in the past two years, the Li consortium and the Japanese consortium and the American consortium have become more and more competitive, and the relationship between the two sides has been deteriorating, which has made them Goldman Sachs also suffer a lot.
Especially in Xiangjiang, those who want to be listed are generally reluctant to contact Goldman Sachs, fearing that they will be attacked by the Li consortium.
The deputy general manager of the Asia-Pacific division said: "At present, I am not in charge of Xiangyu Culture Group, but to solve the dilemma we are currently facing, as one of the three major divisions of Goldman Sachs, our Asia-Pacific situation is the most embarrassing, if we can not improve the current situation, it is difficult for our division to continue to preserve." ”
The three major branches of New York, London, and Xiangjiang, needless to say, are the core of Goldman Sachs in New York, and London has also achieved good development, but they are the only ones in Xiangjiang who are under great pressure.
At present, several major Asian consortia are competing with U.S. conglomerates in various places to suppress the development of U.S. companies outside the United States, especially in Asia, where many U.S. companies have been forced to withdraw from the Asian market, such as Wal-Mart, home appliance companies, some automobile brands, and electronic products.
Those present knew very well that if Goldman Sachs wanted to change the situation in Asia, the most important thing was to communicate and cooperate with the Lee consortium and the Japanese consortium, so that they would not be isolated.
It's a pity that even Goldman Sachs is also very embarrassed at present, and the United States has reached a consensus on suppressing the Japanese consortium and the Lee consortium, and it is absolutely impossible to let the Japanese consortium and the Lee consortium climb on their heads, and the American consortium is still looking for opportunities to continue to restrict the products of the Japanese consortium and the Lee consortium from entering the United States, and compress the development space of these products in the American market.
If they Goldman Sachs increase cooperation with the Lee consortium and the Japanese consortium at this time, they will definitely be attacked by major domestic consortiums, and Merrill Lynch, a subsidiary of the California consortium, has long hoped to trample them Goldman Sachs under their feet, and if Goldman Sachs dares to take the risk of rejecting it, the California consortium and Morgan will not let go of such an opportunity.
In fact, Goldman Sachs is very reluctant to oppose the Japanese consortium, the Lee consortium and the American consortium, especially their Asia-Pacific branch, and this confrontation is too big a blow to their development.
Elanlee Helington said: "At present, the senior management of our group has discussed the development of the Asia-Pacific region, you must be clear, whether it is the American consortium, or the Lee consortium and the Japanese consortium, its essence is still businessmen, as long as there is mutual benefit and win-win in a certain cooperation, we don't mind working together, you must be clear about where our Goldman Sachs advantage is, the current largest financial center in New York, many companies are willing to be listed in New York." ”
In fact, for Xiangyu Culture Group's listing location in Xiangjiang, Elanli Helington is a little puzzled.
Although Xiangjiang is the third largest financial center in the world, its strength is not a little worse than that of New York, and she believes that if Xiangyu Culture Group chooses to be listed in New York, its market value will definitely be much higher than that of Xiangjiang.
Li Guangyu's approach did not maximize the benefits at all, and chose Xiangjiang to go public, which invisibly caused Xiangyu Culture Group to lose a large amount of market value.
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