Chapter 470: Cold Treatment
It's just that Yongxiang Bank and Hang Seng Bank are obviously much worse in popularity and foundation, and it is estimated that they will lose a lot of points at this point, after all, this strategic financing is really not a simple matter of taking money.
In Zheng Zheng's heart, he still hopes to use this strategic financing to solve the capital problem that restricts the development of the bank in one fell swoop, and at the same time enhance his own influence, and cooperate with well-known big capital, of course, it will have a greater impact, whether it is at the political level or at the operational level.
"Mr. Zheng, on the side of Yongxiang Bank, limited to market reasons and the strength of the original controlling shareholder, the scale of development has not been too large. Liang Baiheng saw the other party groaning, and knew that he was a little moved, but there were other outside reasons that made Zheng Zheng not really make up his mind and treat Yongxiang Bank as a real potential investor.
If it ends like this today, Yongxiang Bank will be at best a companion in this strategic financier in the future, so stand up and speak.
However, since Ms. Annie took over, she has put forward a large-scale development plan, and in the future, Yongxiang Bank will expand its banking and investment banking business in Southeast Asia, entering a period of rapid development.
Among them, the investment banking business of the Lion City has entered the implementation stage, the banking application license has been submitted, and if nothing else, the Lion City branch of Yongxiang Bank will open within a year, and the applications from Thailand and Malaysia have also begun to prepare relevant materials. ”
"I have been authorized by the board of directors to refinance no less than HK$10 billion in capital to support this development plan in the future. ”
Liang Baiheng's last sentence made Zheng Zheng finally change color.
They have made such a big battle, and the amount of financing is only more than 2 billion yuan, compared with this little-known small bank in Xiangjiang, the momentum is huge but the thunder is small.
Zheng Zheng will not think that Liang Baiheng is joking and bragging about him, this kind of top banker who can be ranked in the Asian banking community will definitely not say anything.
"That's right, Mr. Zheng, what Mr. Liang said will soon see the result," Liu Ruoyi added with a smile.
"If your bank needs to expand its business in investment banking, Yongxiang Bank welcomes all forms of cooperation, including joint ventures, joint ventures and even strategic cooperation between the two sides in the future.
Yongxiang provides Xinglong's customers with general banking access in overseas Asia, and at the same time, Yongxiang also hopes that its customers can use their own banking services more conveniently in the mainland. ”
This is the ultimate goal of Liu Ruoyi's investment in Xinglong, although in terms of pure investment returns, this investment is also a good deal to make a lot of money.
However, compared with extending the business of Yongxiang Bank into the mainland in disguise and penetrating the vast mainland market, this investment income is not worth mentioning.
"This..."Zheng Zheng's mouth was a little dry, the news given by Liu Ruoyi here is more explosive than the other, and being able to have an overseas channel is of course a great thing for Xinglong, but with their current size, don't even think about it now, if there is no Yongxiang Bank itself to propose channel cooperation, it will be replaced by other banks, and it will not be a bird Xinglong.
There are not only policies that need to be sorted out and grasped, but more importantly, with the current size of Xinglong, there may be a little reputation in Fujian, but out of here, even few people in the mainlanders in other places recognize it.
This suggestion made Zheng Zhong move that there are many overseas Chinese in Fujian, especially in Southeast Asia, where there are many people who seek life and development, and if they can establish an overseas cooperation channel in Southeast Asia, the imagination of this business alone will be large.
Well, now Yongxiang Bank does not have many outlets in Southeast Asia, and there is still a lot of moisture in this news.
But the news of opening up overseas markets alone is too significant, at least in terms of political propaganda, and it can be a breakthrough for Xinglong Bank.
So Zheng Zheng was a little short-circuited, and he paused for a while before saying: "Regarding the matter of strategic cooperation, I personally think it is very worth discussing, and I will submit this matter to the board of directors for serious study." ”
"Okay, thank you Mr. Zheng for your hospitality, we will talk about this today, and then Mr. Liang will follow up on this side of the matter on behalf of Yongxiang Bank, if there is anything that needs to be negotiated by me, please feel free to bring it up. ”
"I personally admire Mr. Zheng's ideas and courage in developing Xinglong, and Xinglong will definitely be able to go brilliant under the leadership of Mr. Zheng in the future and become an important member of the Asian banking community. ”
Seeing that things are almost done, today I can let Zheng Zheng understand the thoughts and determination of his side.
As long as they solemnly feel that the introduction of Yongxiang Bank to Xinglong is something that can help their development, then there is hope for this matter.
The rest is nothing more than the bargaining between the two sides on the details, and I really don't care about this Liu Ruoyi, even if the valuation of the current investment is 2 times PB, it is just a matter of hundreds of millions.
If this strategic investment is passed, it can cut into the mainland market in disguise, which is the biggest gain of Liu Ruoyi's trip.
However, all this decision is not on Yongxiang's side, but on the movements and trade-offs of the bigwigs behind the Xinglong board of directors.
However, Liu Ruoyi also did not believe that after she dropped this depth charge, the other party would be indifferent, and she made it clear that she would intervene at a high price, and if someone on the other side wanted to sell her shares at a low price.
So Liu Ruoyi doesn't mind pushing public opinion and competing with the other party on the issue of the loss of state-owned assets.
Although ATV was taken down from the news channel, Qionghai Satellite TV and Netju are within Liu Ruoyi's sphere of influence, other things are difficult to say, this matter is reasonable and well-founded, Liu Ruoyi is not afraid to spread out.
Although Yongxiang Bank is not large now, it is also a Hong Kong capital with red seedlings, everyone speaks with real money, no one has an opinion, if someone tries to treat it differently, then Liu Ruoyi is not so easy to speak.
returned to Xiangjiang and communicated with Liang Baiheng about the bottom line that Liu Ruoyi could accept on this matter, and Liu Ruoyi completely lost this piece to Liang Baiheng to be responsible.
Compared with other businesses, Liu Ruoyi feels that this is the top priority of Yongxiang Bank at present.
It's just that this matter is not urgent, and the work process and rhythm of state-owned assets in the mainland are different from those of private enterprises.
Just listening to the feedback, Liu Ruoyi waited here for more than a week. Zheng Zheng sent a letter to Liang Baiheng, and Xinglong agreed to bring Yongxiang Bank into the list of strategic investors for negotiation.
Although Liu Ruoyi didn't know the process behind it, with this result, Liu Ruoyi knew that Zheng Zheng must be vigorously promoting.
Otherwise, it will be difficult for such a big change to enter the board level.
Liu Ruoyi didn't care about this, and began to promote her own things step by step, first of all, the capital increase and share expansion of Yongxiang Bank.
After a series of consolidation and favorable releases in the early stage, the share price of Yongxiang Bank has doubled, and this time Liu Ruoyi decided to adopt a two-pronged approach of private placement and public issuance.
In order to allow shareholders to choose freely, the plan for the issuance of an additional 5 billion Hong Kong dollars this time is that the shareholders of the tradable shares will be subscribed first, and the remaining shares will be covered by Liu Ruoyi's investment company.
The proposal has been approved by the board of directors of Yongxiang Bank, and the news will be announced to shareholders soon.
If it is an additional issuance by other companies, shareholders must vote with their feet for a big disadvantage, thinking that it is a circle of money, but Liu Ruoyi's image of a financial talent has just been established, and the market of Yongxiang Bank's new expansion plan is more optimistic than bearish.
As a result, the share price of Yongxiang Bank not only did not fall, but rose slightly, and the enthusiasm for subscribing for additional shares in the future is quite high.
Some institutional investors have also begun to contact Liang Baiheng to learn some details of this new trend of Yongxiang Bank, as well as the channels of institutional investment.
Although Liang Baiheng is a veteran in the financial industry, he is also a little surprised by this situation, and he also thought that when the news came out, the stock price of Yongxiang Bank would fall under pressure for a period of time.
Although Liu Ruoyi does not care about the rise and fall of stock prices, in order to avoid excessive fluctuations in stock prices and affect the layout, he has prepared no less than one billion rescue funds ready to enter the market at any time.
After all, if Yongxiang Bank's stock price fluctuates too much, it will inevitably affect the company's reputation.
But this preparation is completely useless, and the enthusiasm of institutional investors is a bit too high.
Obviously, institutional investors in the market are also very optimistic, and it is the news that institutional investors are optimistic about, and it also plays a stabilizing role in this wave of news.
Instead, there are signs of collecting chips.
In this way, the minds of retail investors will be stable.
The news of the Lion City branch of Yongxiang Bank has been announced a long time ago, and now the financing package of real money is followed up, and the solemn heart of the solemn heart that has begun to pay attention to the dynamics of Yongxiang Bank is really down-to-earth.
At least what Yongxiang Bank said here is really not casual nonsense, but has a serious and rigorous attitude, under his strong promotion, Yongxiang Tongxinglong's first formal investment negotiations were led by Liang Baiheng to start a month later.
Due to the positive valuation recognition on the part of Yongxiang and some views on the future development of Xinglong and the ideas of the board of directors planning, the first meeting left a very positive side on both sides.
In this case, the original GIC investors are a little unable to sit still.
For Yongxiang Bank, which suddenly appeared, they first inquired everywhere to see if there was any insider information that they had not mastered.
But after some inquiry, it turned out that it was not, and this began to show its fangs.
The strategic investment alliance certainly did not want to raise its valuation and bid for Wing Bank, but instead used its influence to start the upper echelons.
Various methods to slander Yongxiang Bank, saying that this bank does not have any strength in Xiangjiang and cannot support these investments, and uses this news to make money in the stock market......
Whether it's IFC or GIC, these are big capitals with a lot of potential, and they are qualified to directly contact and operate at the top.
Although this wave of operations cannot withstand careful scrutiny, it still plays a certain role.
At least the boss in charge of this business issued an instruction: "In the face of a new round of development opportunities, Xinglong's management should be cautious to avoid the loss of state-owned assets and unnecessary losses." ”
As soon as these words came out, the board of directors immediately hesitated, and the scheduled second negotiation between Yongxiang and Xinglong was postponed indefinitely.
In the face of this matter, Liu Ruoyi couldn't fight with the other party for high-level connections.
It's stuck here.
However, Liang Baiheng's mainland enterprise listing business finally opened up the market, a private car signed a listing agreement, sponsored by Yongxiang Securities on the main board of Hong Kong stocks, in order to win this customer, Liang Baiheng, with the support of Liu Ruoyi, agreed to the terms of reimbursement in the package listing agreement.
In Liu Ruoyi's opinion, the financing amount of this company is not large, more than 100 million H shares, priced at about 13 Hong Kong dollars, of course, the company's name Liu Ruoyi is like thunder.
Liang Baiheng's vision is okay, the car company he chose, if nothing else, will be one of the leaders of the famous independent automobile brands in the future, and this kind of underwriting has no pressure for Liu Ruoyi.
The spring of the mainland auto industry has begun, although it is said that this is a pickup business, but it will also catch up with the golden development period of more than ten years!
Using underwriting to start the mainland investment banking business is originally considered to be the first order to lose some money and make money, but Master Liang's master's vision is really domineering, and the first order may create a good model.
?? Hong Kong stocks implement an audit system, which is relatively relaxed, and after Liang Baiheng gets it done, as long as the company's audit does not come out of it, it will be ironclad and listed.
The news was announced soon, and Liang Baiheng was a little busy now. He was already well-known in the investment banking industry in the mainland, but after jumping to Yongxiang Bank, everyone did not know about Yongxiang Bank's Yongxiang Securities and thought that the strength was weak.
Who knew that the first business side directly agreed to underwrite, which is more convincing than anything else.
If there are more securities companies that have this qualification to sponsor listing, everyone in the hundreds of securities in Xiangjiang dares to say that they can, but if it comes to underwriting, at least more than 90% of the securities companies will be dumbfounded!
If you can't sell an underwriting financing amount of hundreds of millions to billions of Hong Kong dollars, you will really smash your hands! Where do ordinary securities companies dare to promise underwriting, only those top big investment banks will accept this kind of business.
Now Yongxiang Bank's Yongxiang Securities is directly underwritten in the first order, no matter how the funds behind it come from, at least it shows that people are really not bad money.
So after the news came out, Liang Baiheng suddenly received requests from dozens of mainland companies to go public.
Of course, many company materials Liang Baiheng knows that Taishui does not need to go to the site for review, and these companies just want to fish in troubled waters for Hong Kong stocks.
This kind of enterprise that can't even do a basic balance sheet, income statement, and cash flow statement is actually thinking about making money, when Liang Baiheng is a fool or when the stock exchange is a fool with a lot of money?
Therefore, after the first round of screening, all such unreliable enterprises will be screened out, and even further on-site inspections can be avoided. Cooperating with such an unreliable enterprise is a complete toss of time.
What really entered Liang Baiheng's vision is also an automobile company, Jixiang Automobile from Jiangnan, which is also a private enterprise, and has not been making cars for a few years, but the boss is very keen on financing.
Before finding Yongxiang Securities, this company had found various investment banks in Xiangjiang for IPO, but after looking around, either no one took care of it, or it was coldly treated after contact.