Chapter 593 Huaxia Football Investment

Not all the right decisions can be understood, Suzaku Fund is a very successful corporate organization, and in general, the successful ones do not need to change. Zhou Shi crossed the river and demolished the bridge regardless of it, at least in the eyes of many senior executives of the Vermilion Bird Fund. Of course, some people think that this is a power struggle within Galaxy Capital, Peng Guoyu is a student of Lu He, but since Lu He took over Meibang Securities, he began to be marginalized within Galaxy Capital, and Lu He's participation in this acquisition of AIA is not high. Some people also see Zhou Shi's suppression of the Vermilion Bird Fund as a power struggle.

The chaos of the Vermilion Bird Fund is certain, and as for where it will eventually go, Zhou Shi has no idea for the time being. However, there are pros and cons to things, and for AIA people, the conservative measures are more in line with AIA's culture. AIA provides protection, not wealth management products, which is what distinguishes it from most insurance companies in ChinaAMC. Zhou Shi's actions are obviously more recognized by them.

Du Jiaqi, as a temporary CEO, if he wants to sit firmly, he must surrender to Zhou Shi, otherwise he will definitely be replaced. The original executives are also faced with various choices, and in today's world, not only the monarch chooses the minister, but also the minister chooses the king. Those who have the ability do not have to worry about not being able to find a place, but they may not be able to have their current brilliant achievements if they change places. Therefore, while Zhou Shi tried his best to maintain the original state, they would not easily change their court.

"I really didn't expect that you can keep a clear head until now, you tell me, is it because of Lu He this time?" Li Ying

"No, he wants to have his own industry, and he doesn't force the palace, I agree to it myself, so it won't affect the relationship between the two of us. "Zhou Shi

"Then are you too good to him, Meibang Securities is the world's largest securities company!" Li Ying

"Do you think that if I don't give up Meibang Securities, will I still have a chance to buy AIA? Wall Street giants will give me this opportunity?" Zhou Shi asked Li Ying rhetorically

"Probably not, Milbank Securities, AIA, and East West Bank, our strength may cause Wall Street to worry, so you ...... from the beginning" Li Ying

"I have been eyeing AIA since 2 years ago, and the United States thinks that the cooperation between Lu He and me is the basis for our rise, and breaking up our portfolio is the best way to hit us, so there is a proposal to make Lu He a major shareholder of Meibang Securities. No matter what choices we make, it will never be possible to be as close as we used to be, and that's what they want to see. "Zhou Shi

"I said that why does this acquisition seem so bland, it seems that you have acquired AIA quietly, I still can't believe it...... If I had known that this would be the case, Prudential would not have let go of this opportunity. Besides, even if you give up Meibang Securities, you may not be able to buy AIA, is it worth it in the first place?"

"Whether it's worth it or not, there is a lot of luck in this acquisition, but I won't regret it. "Zhou Shi sometimes really feels that he is probably the child of destiny in this time and space, and it is also possible that the inertia of history is so great that the cooperation between AIA and Prudential still fails, and most of the other companies that covet AIA are not strong enough. The real object of pressure is still Huaxia's state-owned enterprises, regardless of capital or comprehensive strength, Zhou Shi is not as good as China Life and Ping An. His only strength is his identity as a private enterprise and his perception of the future. Even though he paid $12 billion to acquire AIA, and the actual valuation of the acquisition exceeded $33.5 billion, he was still willing. You must know that compared with the market value of $30.5 billion corresponding to AIA's highest listing price, he is at a premium of 10 percent, which is $2 billion lower than Prudential's first acquisition offer.

Zhou Shi and Li Ying talked about the various pressures and problems faced by this acquisition, as well as the impact on their various enterprises, and gradually the two figures became one.

As before, Zhou Shi still managed to kill and bury, leaving the senior management of the two companies to be responsible for the improvement of their own corporate risk control systems.

Another reason why he called the senior management of both companies was to let the management of all parties get to know each other and deepen the foundation of cooperation in the future. Friends.com, Starlight Film and Television are listed on the A-share market, and Guoke is listed in Xiangjiang, which makes the boundary between the two companies break through the geographical restrictions. Since then, although the galaxy and the four elephants still have their own areas of focus, location is no longer a reason to limit their development. The new changes have made these two companies constantly adjust, and risk control is just one of the more important changes.

Sunac is about to go public, Sun Hongbing has arrived in Xiangjiang, this time the listing is actually sought after by a lot because of the Sixiang Fund, and the faint flow of various information makes the Sixiang Fund and the growth of Zhou Shi's wealth together become a unique scenery in the Xiangjiang financial market. The better and better subscription made Sun Hongbing pleasantly surprised, and specially visited Zhou Shi.

"Thank you so much to Mr. Zhou this time!" Sun Hongbing

"It's none of my business, I still don't understand why?" Zhou Shi

"Hehe, it may be that they have more confidence in us when they see that Zhou has invested in Sunac!" Sun Hongbing, in fact, is the same as the Buffett effect, although the Four Elephants Fund does not have the credibility that Berkshire Hathaway has established for decades, but Sunac is at the right time, and it is understandable that it has such a pursuit now. The valuation of Sunac's IPO has risen from about $1.2 billion to $1.5 billion now. Zhou Shi: The increase in their assets is actually not much. A few years ago, Lehman took a stake in Sunac at a valuation of around $600 million. Although the cost of accepting the stake was less than $200 million, it has been a few years since the investment was now worth just over $400 million. Compared with past performance, this time is really not a success.

"Sunac can develop how you want, don't be influenced by me. "Zhou Shi

"I really don't have any thoughts about you, Mr. Zhou, don't get me wrong!" Sun Hongbing hurriedly said

"I'm serious and don't know much about real estate, but I know that existence is reasonable, and the world is either adapting to the rules or changing the rules. Sunac's strength is still too weak, almost can't change anything, if you want to do more, you can only become stronger! Only at that time, if Mr. Sun still has ideals...... "Zhou Shi

"Actually, I can understand what you said, but the reality is that sometimes I have no choice but to compromise! I don't know if it's to make money or prove myself. Sun Hongbing saw that Zhou Shi really had no other ideas, so he was relieved to communicate with him. The two discussed the future development of Sunac.

"By the way, Mr. Zhou, are you going to buy Changsha Jinde Football Club? Evergrande seems to have bought a football club, you like football so much?" Sun Hongbing

"I don't pay attention to this, Liverpool wants to expand its influence in China, Fengyun Sports Investment also wants to enter the Chinese sports market, so it may be true! Investing in football is half like, half is for advertising, and the investment in the Super League team is hundreds of millions of soft girl coins every year, but the advertising value he creates may far exceed these investments, if you can achieve good results, it will be more valuable. "Zhou Shi

(End of chapter)