Chapter 130 Investment Banking, First Return to the Mainland
The Hong Kong government suddenly announced that it would unfreeze the issuance of banking licenses. This is the news that Lin Yi has been waiting for for a long time, so his stay in Hong Kong will be greatly extended.
To do professional things, you need professional talents. Lin Yi came to Asia-Pacific Trust and talked about it.
Senior Brother Jin was a little complacent: "In fact, my father is an active promoter of this matter. In the past few years, gold and foreign exchange controls have been loosened by the government one after another. The aim is to build the second financial center in the Asia-Pacific region outside of Tokyo. ”
The atmosphere was brisk, and Lin Yi also joked: "Fei Lan complained to me that his family's gold was loosened to speculate on gold, foreign exchange was loosened to speculate on foreign exchange, and he abandoned industry and focused on speculation." I didn't expect that the mastermind behind these things was Professor Kim!"
The other party waved his hand: "Although he is a professor of economics at the University of Hong Kong, my father's behavior is just a flag and a shout." The root of the matter is still in the G-7 summit. With economic globalization, how can financial services lag behind?"
The topic turned to business, Lin Yi said the requirements in detail, and Senior Brother Jin frowned and thought: "Commercial banks, what they do are deposit and loan business, and what they earn is the interest difference. The boss's needs, not the number!"
"What I want to do is not a commercial bank, but an investment bank. After the four little dragons, there were four little tigers. With Asia's take-off just around the corner, how can you not seize the opportunity?"
"I thought that the boss was going to get rid of HSBC and go it alone! Last year, about 3% of the global capital flow of Asia Paradise and Asia Pacific Trust went into each other's pockets. ”
"It's almost $100 million, and it's a bit of a pain. In particular, the Italian lira has a foreign exchange fee as high as 17 percent! The price of products has been raised, affecting market competitiveness, and the original price has been maintained, and the income has gone into the pockets of the banks. However, Mr. Jin has said that the century-old bank has a century-old layout. If you really rely on your own development, when will you have to have outlets all over the world?"
"My father also said that HSBC has been downplaying its local attributes and taking the path of an international consortium. Paradise is rapidly internationalizing, and it is beneficial to be with them. If you really want to be an opponent, Hang Seng Bank is a lesson from the past!"
In the end, Lin Yi decided to buy a small bank. Hong Kong, Tokyo, San Francisco, Singapore, the regular business of four points is enough to support the Asia-Pacific bank. It's always nice to cut a little less meat.
After the layout of the commercial bank was completed, the layout of the investment bank, Lin Yi's original plan was to acquire a securities company, and to focus on stock issuance, mergers and acquisitions, and venture capital.
However, Senior Brother Jin thought that the burden was too heavy and took the initiative to shirk this responsibility. Lin Yi asked him to recommend someone, but the other party said that he wanted to avoid suspicion and insisted on refusing to speak. The matter was put aside for the time being, and the president of HSBC was first appointed to make a new request.
"According to the order forecast at the beginning of the year, Paradise Games in 1978 will continue to grow rapidly. We've proven the value of our big customers for three years in a row, would you like to express yourself?"
According to the customer's preferences, after serving the drink, the CEO has a frank expression: "Before the customer makes a request, for the sake of shareholders' interests, I can only pretend that I don't know." If you ask, we're here to help. ”
Lin Yi didn't know much about the specific talk of rating upgrades, transaction fee reductions, and global investment reports, so he invited Professor Jin from the Department of Economics of the University of Hong Kong, Senior Brother Jin's father.
Now HSBC is valued at more than 10 billion. Although much larger than Paradise, the latter developed rapidly, so the two sides formed a strategic partnership.
After the agreement was signed, the other party no longer saw the outside world and directly revealed the inside story: "Lin Sheng's "Nanyang Observer" is indeed very insightful in its discussion of emerging economies. The company has decided to establish the Asian Investment Bank. Excuse me, are you interested in taking a stake?"
It's really sleepy and has a pillow! But things are just getting started, and the investment can't be too big. Lin Yi's $50 million accounted for 12.5% of the shares.
HSBC AIIB, the first board of directors, Lin Yi personally attended. He wants to match up and sell two companies: "Temasek Holdings, because there are many national projects, are looking around for investment. ”
The chief executive, Captain Pweis, is a Scottish man with a very sharp eye. West Germany, Hong Kong, Singapore, RB, very rich resume.
He said that he regretted: "With the background of the government, their investment projects are indeed low risk and good returns. However, it is a pity that Hong Kong and Singapore, which want to become Asia's second financial center, compete with each other. ”
After Lin Yi figured it out, he could only be speechless. The Development Bank of Singapore, which is owned by Temasek, has conflicting core interests with HSBC.
Four little dragons and four little tigers, as well as RB and India, Pu Weishi is the first to say. Sure enough, if you have worked for a long time, your understanding will be more profound. Investment can rest assured, Lin Yi's focus will turn to the other two aspects.
The first is HSBC, which has countless outlets around the world, converging into a huge intelligence network. It is clear where the money flows and where the return on investment is the highest. Its global investment report, the value of which is absolutely not to be overlooked.
Second, Lin Yi remembered that the development of the Four Little Tigers should have taken off with China in the 80s. As a result, because of his click, it seems that it has been advanced now. With the support of international financial institutions, it is like injecting fuel into the engine.
But there is no way, Lin Yi is also a crocodile. Just turn over slightly, and the movement will not be small. Hundreds of millions of dollars were mobilized at the beginning of the year, which is why he sat here and became a shareholder of HSBC.
Ordinary people may not know it, but the bank can't avoid it no matter what! That's why he chose HSBC to cooperate. Rather than everyone knows, only one knows.
In order to digest the huge amount of money, Lin Yi's focus shifted from industry to finance. The affairs of the United States will be entrusted to his wife for the time being.
Running at both ends of study and work, Sunflower must be very tired. As a good husband, Lin Yi must of course prepare gifts before going to the United States.
"I really didn't expect that the first time I went back to the mainland, I was invited by Brother Zhang to participate in the Canton Fair!
"It was resumed last year, and Hong Kong is so close, how can my brother not know?"
This is the Canton Fair compound on Liuhua Road in Guangzhou. The plaque at the door is Guo Moruo's handwriting: "China Export Commodities Fair." ”
California real estate tycoon Zhang Jimin came to cheer last year, and this year he invited friends all over the place.
Lin Yi couldn't refuse this year-old friend, but jokes were inevitable: "I've heard that Brother Zhang bought a bunch of them last year." As a result, when I went back, I found that I couldn't use it and couldn't sell it, and it was piled up in the warehouse and moldy!"
Lao Zhang still preached: "Anyway, it's cheap, maybe you can press the treasure!"
From Tianshan pecans to Jingdezhen porcelain, Zhang Jimin is like a few treasures. When he heard that he was giving his wife gifts, he pointed out silk and embroidery. Anyway, Lin Yi felt that the old brother turned into a salesman, and he was fooled so much that he couldn't find the north!