289 Wu Jianmin's first exploration of Fubang

On the afternoon of October 25th, in the Yangmingshan Chuwu Hot Spring Hotel, Li Feng's suite.

"Boss, that's the rough picture. Wu Jianmin reported to Li Feng, who was wearing pajamas and looked lazy.

"In other words, Fubon is facing a huge risk of losses next, which is the main reason why they seek cooperation?" After listening to Wu Jianmin's negotiation process about Fubang, Li Feng confirmed with a smile.

"BOSS, it's true, Fubon is the Cai family after the separation, with the original Cathay Pacific product insurance, in terms of life insurance, it is obvious that Cathay Life is the leader of Wanwan, and therefore, Cai Wancai and his son were clear about their weaknesses from the beginning, and began to seek financial market business other than insurance.

Because of this, it has led to a series of financial radical policies. Although on the bright side, the company is growing rapidly, but as the financial crisis has begun to spread throughout Asia, Wanwan is no exception to be greatly affected.

Among them, it exposed the weaknesses of Fubon in the previous crazy expansion, too much investment, too much risk, and now there are already signs, many invested companies have begun to lose money or even go bankrupt, and many are listed companies.

These listed companies have become 'mine stocks', that is, they have not yet fully exploded, but there is a huge risk in this, and now the financial crisis in Southeast Asia is in full swing, and sooner or later Wanwan will be fully erupted, then Fubon will face huge losses.

If Fubon does not take effective measures, it will be a pain in the bones. In fact, not only Fubon, but also many financial companies here have the same problem, which is a huge risk. Wu Jianmin helped explain.

……

"I didn't expect it, there is such a thing, this is what Fubon Cai Wancai's father and son told you?" Li Feng said suspiciously.

"Hehe... How is this possible, this is the result that we spent a lot of money to get the data, and then our analysts analyzed it, although we don't know the details, but we can still get the results roughly.

According to the current rate of spread of the financial crisis, it is expected that by next year, Fubon will lose at least 10 billion New Bay dollars. Wu Jianmin replied with a smile.

"Well, I guess so, they can't expose themselves. Li Feng agreed.

At this time, Lin Chiling, who was taking notes on the side, looked at Li Feng and Wu Jianmin with wide eyes in surprise.

The entire financial holding company is the top existence in Wanwan, but I didn't expect to hear such news when I first became the assistant of my own boss, Fubon is facing huge risks, and the losses are in tens of billions, which is really scary.

"Since that's the case, is it possible for us to directly acquire Fubon?" asked Li Feng with his eyes lit up at this time.

"BOSS, this is unlikely, it is too difficult, and even if a crisis really breaks out next year, with the background of Fubon and the Cai family, it will not be difficult to seek assistance, and then we will not have an advantage in Huamei, I think Citigroup, which is bent on seeking expansion in Asia, will be our opponents.

Now we are occupying a position in the early stage, and this time we are also lucky, after we acquired Gangji Bank, we unexpectedly had contact with Fubon to have the possibility of this cooperation. After all, the icing on the cake is far less than a charcoal in the snow. Wu Jianmin replied again.

……

"In other words, our reputation is too small. Li Feng said with a smile.

"Indeed, although we are expanding rapidly, but many people are not clear, I think it is necessary for us to publicize it, so that even if we go public in the future, it will be beneficial to our IPO. ”

"Oh, it seems that Mr. Wu is still blaming me for letting you develop in a low-key manner!" Hearing Wu Jianming's words, Li Feng couldn't help but smile dumbly.

It turned out that when Huamei carried out a series of mergers and acquisitions before, according to Wu Jianmin and the management, it was necessary to prepare for listing, and at the same time to publicize a lot, but Li Feng vetoed it.

The main reason is that Li Feng feels that he has no shortage of funds for development for the time being, and there is no need to raise funds so quickly, and he just takes advantage of this time to develop and accumulate strength in a low-key manner.

In addition, Li Feng also promised that after the financial crisis, all the resources of the bank will be integrated, and then it will be a large financial group across the United States and Asia.

……

It's not that Wu Jianmin's idea is wrong, if you stand in Wu Jianmin's position, as far as the development of East West Bank is concerned, listing and publicity are naturally conducive to the development of the bank, but from Li Feng's point of view, it is more beneficial to low-key development.

Li Feng's strength is eye-catching enough, and its major companies are developing rapidly, and it is expected that this year's Fortune 500, Li Feng's Century Group will be selected. According to Li Feng's prediction, several companies under the group will have the strength of the top 500 in the future, which is really eye-catching.

Even now, Li Feng believes that his every move may be on the desks of those families, consortia, government departments, etc., if he goes through some crazy propaganda again, in addition to entering the eyes of these people in power, he will also enter the eyes of ordinary people, and then it will be even more troublesome.

Wealth is moving, this old saying is true, now Li Feng has been stepping up to hide wealth, personal shares in major companies are slowly decreasing, Li Feng's plan is to reduce his shares as much as possible before going public in the future.

But the transfer of shares is not a very simple matter, to put it mildly, the financial control departments of the US imperialists, the tax departments, and so on are all staring at it.

Recently, Li Feng has been cashing out, using the money earned from the financial crisis, and then obtaining Li Feng's private shares through funds and investment companies registered in the free zone. As a result, Li Feng's shares are decreasing, but the cash in his hands is increasing rapidly.

……

Now, members of the bank, including East West Bank, Tianya Investment Bank, and personal personal financial advisors, are advising Li Feng to spend money, otherwise he will have to pay high taxes next year.

Anyway, Li Feng has recently remitted more than 30 billion US dollars in Huamei, Citigroup, Bank of America and other banks. At one time, several major cooperative banks thought that Li Feng was selling the company.

The presidents of several major banks and relevant figures contacted Li Feng to inquire about the situation, and asked Li Feng to explain. These funds will be used by Li Feng to acquire those top properties, such as the property in Times Square in New York, the Manhattan property, etc., and all in the name of the family fund.

But even with so much cash, the combined value of Li Feng's shares is still rising, and Li Feng estimates that he will continue to increase his ranking on next year's Forbes list.

"Don't talk about Huamei, let's talk about Fubang, then Mr. Wu, what do you think of Fubang?" Li Feng asked with a smile to change the topic.

"BOSS, I don't think it's a good time to cooperate with Fubon now, otherwise when these mine stock crises break out, we will also suffer huge losses, I think we can buy a small bank in Wanwan first, and gain a foothold for the time being.

Wait until the official outbreak of people, is our real opportunity, although it is inevitable to face competition, but at least we also have an early advantage, if we can reach a priority cooperation agreement first, it will be the best. Wu Jianmin replied with a smile.

……

"Haha... , Mr. Wu, you have to take advantage of the current advantage, and you have to take advantage of the future advantage, this is not easy. Li Feng replied with a laugh, naturally very satisfied with his answer.

"BOSS, isn't this the necessity of the existence of a manager like me!" Wu Jianmin also replied confidently.

"Well, I'm looking forward to your results. ”

"You'll be satisfied..."

“……”