834 Standard Chartered Bank's market value rebounded!
Chen Hui muttered to himself: "After closing all the positions this time, I should be able to more than double the funds in my account!"
"Nowadays, the funds are getting bigger and bigger, and it is not easy to double them!"
"I currently have $270 billion in private liquidity, but I still don't have enough assets under my control!"
Chen Hui calculated carefully and muttered: "Although the overall net worth of the Xiangjiang Consortium is about 110 billion US dollars!"
But the Heung Kong consortium controls about 3 trillion Hong Kong dollars (US$400 billion) in assets!"
The Heung Kong Consortium has invested in many companies, and they are the majority shareholders of these enterprises, and they do not fully control these enterprises!
However, many enterprises are still under the name of the Heung Kong Foundation, and the management and management rights are dominated by the Heung Kong Consortium!
"After Standard Chartered Bank annexes DBS Bank and UOB, it will divest some assets, and the new Standard Chartered Bank will have assets of up to one trillion US dollars!"
"And the stock price of Standard Chartered Bank has been rising recently!"
"The market value of Standard Chartered Bank has risen from $34 billion to $40 billion!"
"The market value has finally recovered a little!"
"Standard Chartered Bank used to have a market value of more than $50 billion!"
The reputation of Standard Chartered Bank and its executives was previously undermined by "facilitating money laundering", and an investigation by the New York State Department of Finance determined that Standard Chartered Bank had provided US dollar settlement services to Iranian state-owned and private banks, corporations and individuals for at least 2001 and 2007. When processing transactions for Iranian customers, Standard Chartered deletes wire transfer payment messages and deletes or omits information about Iran through what it internally refers to as "fixing".
The materials involved about 59,000 transactions with a total value of about $250 billion. Standard Chartered's share price then suffered a series of heavy losses. Shares traded in London by Standard Chartered Bank tumbled 6.2 per cent on Monday and 16 per cent on Tuesday following charges filed by the New York State Department of Financial Services, and fell nearly 20 per cent at one point in intraday trading on Tuesday, the biggest drop in at least 24 years, with shares hitting a three-year low of £10.92.
Standard Chartered's market value has evaporated by about $17 billion in just two days.
For this reason, Standard Chartered Bank also spent hundreds of millions of dollars to settle with the US Department of Justice!
Later, because Standard Chartered cut off the listed company business of Temasek Holdings, the market value shrank again, and not long ago, it was accused of money laundering because of the Swiss private banking business, and the stock price has been sluggish!
The market capitalization has been hovering over $30 billion.
Recently, there has been a lot of publicity in Asia about the merger of Standard Chartered Bank and DBS Bank, and Standard Chartered Bank has been streamlining its business, reforming, and laying off employees!
Standard Chartered Bank's share price has risen all the way!
After thinking about it, Chen Hui said secretly: "At that time, after Standard Chartered Bank annexes UOB and DBS Bank, the market value will at least more than triple!"
"The more Standard Chartered's market value recovers, the better!"
"When the time comes to annex DBS Bank and UOB, it will be a huge benefit to my shareholding ratio!"
"Think about it, is it better for Standard Chartered to annex DBS and UOB when it has a market value of US$30 billion, or to annex DBS and UOB when it has a market value of US$40 billion?"
"It looks like the shareholders' meeting will be held that day later!"
"The stock price of Standard Chartered Bank has been very strong recently!"
Chen Hui spent $15 billion for the absolute controlling stake in Standard Chartered Bank and controlled 54% of the shares of Standard Chartered Bank, but on the surface, Chen Hui only held 14% of the shares, and the rest of the 40% shares of Standard Chartered Bank were secretly held separately!
This is not publicized!
Through his own registered offshore company and his different identities in various countries, Chen Hui secretly holds 40% of the shares of Standard Chartered Bank.
The news announced to the public is that Chen Moumou, the largest share of Standard Chartered Bank, holds 14% of the shares, and the rest of the shares are dispersed, even if Bank of America and HSBC respectively hold 10% of the shares of Standard Chartered Bank, but they are still dispersed, HSBC and Bank of America are held through wholly-owned subsidiaries or funds controlled by them!
Standard Chartered Bank now has a market capitalization of $40 billion, net assets of $48 billion, and assets of up to $600 billion!
Later, Chen Hui lent another $6.6 billion to Standard Chartered Bank!
In the future, the US$6.6 billion senior fungible bonds will be converted into equity in Standard Chartered Bank!
When the time comes, after Standard Chartered Bank annexes DBS Bank and UOB, Chen Hui's shares will also be diluted, and the US$6.6 billion senior convertible bonds will be converted into shares of Standard Chartered Bank!
Counting up, Chen Hui himself invested 21.6 billion US dollars in Standard Chartered Bank!
At this time, Ling Yu'er's voice came
"Chen Xiaohui, it's time for dinner!"
"Come and try the dinner we made!"
"Chen Xiaohui, it's time to eat!"
Chen Hui immediately woke up from the vision of the future, felt a burst of hunger in his stomach, and said, "If you hear it, come!"
The table is full of dishes, and it is very rich!
There are vegetable salads, potato soup, seafood pasta, pizza, yakiniku, kimchi, bibimbap, jajangmyun noodles, miso soup, rice cakes, rice sausages, ramen, gimbap, ginseng chicken soup, cakes...
The two of them really have a heart.
It's so rich!
Chen Hui smiled: "Let's eat!"
··
So dinner began, and Quan Zhixian was hit hard by the dog food of Chen Hui and Ling Yu'er.
I saw the two of them sandwiching vegetables with each other and feeding them.
It made Quan Zhixian a little uncomfortable!
So he smiled and said, "You two really look like husband and wife!"
Ling Yu'er smiled happily and said, "It's okay, it's just barely making do!"
Saying that, Ling Yu'er pinched Chen Xiaohui again, and complained to Quan Zhixian: "He can't even wash the dishes!"
Quan Zhixian smiled faintly.
When Chen Hui heard this, he smiled and said, "I made a lot of new dishes tonight, Miss Quan's skills are really good!"
"Ling Yu'er, learn more cooking skills from Miss Quan in the future!"
"As soon as I ate tonight's dishes, I knew that most of them were made by Miss Quan!"
"Miss Quan is really virtuous!"
Ling Yu'er's face turned green when she heard this, how could she praise other women in front of her girlfriend!
To make it clear is to say that you are not gentle and virtuous enough!
What a blow to self-esteem!
worked hard to cook dinner for him, and he didn't praise him a word, but he was hitting people!
I feel aggrieved in my heart!
Suddenly, she pouted unhappily, and looked at Chen Xiaohui with resentment in her eyes, wanting an explanation!
Quan Zhixian smiled sweetly and said, "Mr. Chen is too uplifting to me, these dishes are all done with the help of Yu'er!"
Chen Hui smiled faintly and said, "Miss Quan is modest, I still know how much ability my family has in my family!"