Chapter 1013 Refusal to Acquire
Milbank Securities is very tempting, and the primary market has always been the most lucrative, but it must be matched by the corresponding strength. This strength is not simply a vision, but can see which company can become a big enterprise like Ahri in the future. Instead, they turn those garbage companies into treasures and sell them at sky-high prices. For example, Heperi, which is traded by Gaosheng, and Greek government bond projects that are operated by Gaosheng, are also traded......
Eating the upper family and eating the next home, for the sake of profit, can destroy a country, this is the morality and strength of the financial giant. I don't know if there is still any whitewashing for these industries, after seeing the performance of Goldman Sachs, the largest investment bank in China, in the 2015 stock market crash, there should be a clear understanding that the elite of capital and the elite of law often turn their backs on the morality of ordinary people and have their own set of codes of conduct or world view. It is impossible for others to convince them anyway, only the law can limit the behavior of these people, but the concept of the elite is that they are better at circumventing the negative effects of the law than most people.
Therefore, an industrial fund like 3G Capital is even more worthy of respect, acquiring a troubled company and rejuvenating the enterprise through its own operating capabilities. It may also be industry consolidation, for example, Galaxy Sixiang cooperated with several funds to do a major reshuffle in the memory industry. After so many years, Samsung is the leader of the market, Micron has become the second leader in the market, and Hynix, who finally kicked out the board of directors of Unigroup Group, has become SK hynix, becoming the third in the market, and the fourth is no longer important and cannot affect the general trend of the market.
Galaxy Sixiang took the road of 3G capital, so it acquired some companies such as Modu Jahwa, Lao Fengxiang, Huiyuan Juice, Carrefour, TNT Express, etc. And because of the industrial layout, most of the time it is only in and out, and has not sold the acquired enterprises.
The road of 3G capital is not so easy to follow, and the profit margin is not as big as that of the primary market.
Zhou Shi has never been so smart in doing things, he likes to take steps instead of surprise attacks, and likes to be natural rather than ...... Anyway, he likes to solve complex problems with stupid solutions. Galaxy Capital learned from his way of thinking, this way of dealing with the world. Resolutely do not take shortcuts, even if they seem to be able to gain more.
Not taking shortcuts means that it is difficult to get rich, so many ambitious people have left the galaxy, leaving behind some people with similar ideas. Slowly formed rules and regulations and corporate culture, this almost conservative style is very suitable for the insurance industry, so the development of AIA actually exceeds the previous life, but because the Four Elephants Fund is a Chinese enterprise, so, you know......
Of course, Galaxy Sixiang is not actually conservative, and East West Bank's continuous buying and buying has nothing to do with conservatism, on the contrary, it is a bit risky, and it has changed from a regional bank in a lighthouse country to a multinational bank, and it is also at the forefront of the industry and has made digital transformation. The scale is not large, the profit is not high, but the market value exceeds that of many large banks!
If you insist on describing the four elephants of the galaxy, it may be Google's "don't do evil" principle, although the definition of "evil" may be different, but the same should still be the majority. Since you don't do evil, your own safety factor is much higher, and your competitors can take advantage of it.
Before the subprime mortgage crisis, Galaxy Capital was not like this, without a little unconventional means, it was impossible for him to absorb the legacy of Nortel Network, and it was impossible to complete a large-scale patent swap with IDCC. There is no husk, Spreadtrum today......
However, these not very sunny things were left in Tianhe Securities, that is, the securities company that was renamed after Lehman Brothers was acquired, which is now Meibang Securities.
Zhou Shi used money and power as bait to acquire Lehman Brothers' investment banking assets outside the United States, and recruited a large number of employees from Barclays at Lehman's North American headquarters. Then, in the panic of the people, a lot of money was invested in one project after another to get this group of elites into action, and under the guidance of well-intentioned people, they achieved many miracles that are difficult to do under normal circumstances, including becoming a major shareholder of Moody's Ratings, and acquiring the patent assets of Nortel Networks under various unfavorable circumstances.
But this did not come without a price, and some possible violations were buried in the archives of Smith Bond. Of course, these have nothing to do with the four elephants of the galaxy, they are all caused by Meibang Securities, and it is Lu He's responsibility. At least in a legal sense, there is nothing wrong with the four elephants of the galaxy. If Meibang Securities is acquired at this time, then the question is, he doesn't know how many violations Meibang has, because of the flow of talents, no one knows about the galaxy.
It can be said that Meibang Securities at this time is actually a poisonous asset, but many people don't know about the galaxy. Zhou Shi will be fine if he doesn't acquire Meibang, once he acquires, hehe, a lot of things he knows or doesn't know will be pushed on him.
Zhou Shi refused to buy Meibang, and even though the company was a good complement to them, he resolutely gave up the asset.
Zhou Shi didn't know what Lu He thought, anyway, he agreed to become the chairman of Meibang Securities and gave up a veto, provided that he took on the consequences of all the violations before the four elephants of the galaxy. It's not a big deal in the first place, and if you spread it out, the responsibility is much smaller. Gao Shengda Mo and other companies, don't they just pay a little fine to get rid of the consequences of their evil deeds in the subprime mortgage crisis? When the time comes, just fine the money, what's the big deal!
Problems that can be solved by paying money are not problems, and although the disputes between the two countries are related to money, they have been separated from the category of money. If you want to crack down on Nutshell and Spreadtrum Licensed Semiconductors, the best way is to crack down on the four elephants of the galaxy and deny its justice from the law. Maybe the Lighthouse Country has now had all kinds of actions against him, Zhou Shi is not very sure. But he knew about the trade war between China and the United States, knew that it could be widely implicated, and knew that he had to protect himself.
As a result, Zhou Shi's caution made many actions of the lighthouse country useless, even if it was Lu He's anti-water, the blow to him was not as great as the negative impact of the acquisition of Meibang Securities. Therefore, it is impossible for him to tie his hands and feet at this time.
In the seemingly calm world, there are many shadows under the sun that are difficult for ordinary people to see, and it is time for the people of the lighthouse country to accept the fact of China's rise! In the future conflict between China and the United States, Twitter and Facebook, the social platforms of "freedom of speech" are busy deleting remarks favorable to China, and he cannot be broken through by the lighthouse country here. Take a hundred plating to read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.