Chapter 337: The Second Shot at the Acquisition of Standard Chartered
(Update 12000+ for subscription)
(Update 12000+ for subscription)
At the end of March 1985, with Lin Yu's order, the campaign to acquire Hong Kong Standard Chartered Bank commanded by Sandywell and Jason was finally proposed on time, because full preparations were made in advance, so at the beginning of the acquisition of Standard Chartered did not attract the attention of the general public in Hong Kong, and even the senior management of Standard Chartered Bank was confused by this phenomenon, that is, the stock price of Standard Chartered Bank rose a lot all of a sudden, although not much, but this was enough to stimulate the senior leadership of Standard Chartered Bank
I have to be, the current senior management of Standard Chartered Bank is indeed rubbish, even such an abnormal phenomenon is regarded as normal by them, and they are happy for it, Lin Yu does not know this situation, if he knows this situation, he will know that the placement he did before is actually excessive, and he can be regarded as understanding why Standard Chartered Bank was viciously acquired by Rice Bank in 86, but was saved by Bao Yugang and got the shares, the leadership of Standard Chartered Bank is really bad.
The traders who followed Jason to Hong Kong and were responsible for the operation of the Standard Chartered Bank's shares all sat in that building, and slowly began to acquire the shares published by Standard Chartered Bank on the Hong Kong stock market, and the task of transferring them this time was to acquire the shares of Hong Kong Standard Chartered in the stock market, laying a solid foundation for the successful acquisition of Standard Chartered in the future, and the dozen or so traders sent by Jason also understood their tasks.
These can be regarded as a group of old people who have followed Lin Yu since Jason started to do it, and they can be regarded as a group of old people who follow Lin Yu, these people naturally know what their boss wants to do in Hong Kong, and they also know how important the acquisition of Standard Chartered Bank is, and they have been following Lin Yu for so long, and they are also very clear about Lin Yu's means. These people can be regarded as knowing how strong their boss is, no wonder they are so confident that they want to buy Standard Chartered Bank, these capitals alone are not covered, although they have also intervened in every action, but they don't know how much money the boss has, what they want every day is to have a big action, so that they can be excited.
But after the British strike, they have been idle for a long time, and there have been no major moves until now, although Jason has begun to prepare for a big action, but that is just preparation, and now they are already itchy, so they can only observe the market every day, do some actions, and do it with a playful attitude, but even so, during this time, none of them have made tens of millions of dollars for Lin Yu, but it is a shame for them to transfer tens of millions of dollars with hundreds of millions of funds, But there was no way, Lin Yu didn't speak, and they didn't have any work to do, although Jason asked each of them to accompany their families well, go to travel, and relax, but how could their group of passionate investors calm down and travel to relax?
And this time for such a big acquisition of Standard Chartered, how can these people not be presented here? And Jason is also the most reassuring to these people, these are all old people who have been following him, so Jason agreed to their request, and this time they are here.
"Boss, we have already started to acquire the outstanding shares of Standard Chartered Bank in the Hong Kong market, but according to the requirements, it must not attract the attention of others in the first stage, so it may not be too obvious in the first few days." Jason told Lin Yu about the stock of Standard Chartered Bank, although Lin Yu didn't really understand this, but he still listened carefully, and actually asked some questions from time to time.
"It doesn't matter, what we have in time is, originally I didn't think that I would be able to acquire the tradable shares of Standard Chartered in the Hong Kong market within a few days, tell everyone, don't worry, we can take our time, but in this process we must not attract the attention of others, to create a normal market circulation, we just need to control a large number of tradable shares before the full acquisition of Standard Chartered, and then the senior management of Standard Chartered will not be able to react again, so that our acquisition will be completed." Standing in the specially placed command post of this operation, Lin Yu stared at the screen and said so.
Jason nodded, he also knew Lin Yu's reasoning, although his boss was not very proficient in professional knowledge, but he was very proficient in strategy and psychology, and this time he secretly Chen Cang, and then hit the other party by surprise The way is what the boss thinks, for this, Jason still admires Lin Yu very much, although his boss is very lazy.
In 85 years of Hong Kong, the shares were still separated very scattered, many shareholders only held three or four percent of the shares, and the most was only a dozen percent of the shares, but after the failure of Rice Bank's acquisition of Standard Chartered Bank in 86, the shares of Standard Chartered Bank were jointly owned by Pao Yugang and Qiu Deba, and at that time, in addition to about 20 percent of the shares held by some shareholders, the remaining 45 percent of the shares were circulated on the Hong Kong Stock Exchange. Forty-five percent of the shares are circulating outside, and there are indeed a lot of shares in circulation outside the Standard Chartered Bank.
In a blink of an eye, a day passed, and the entire trading group only absorbed 45 percent, 1200 hands and 45 percent of the shares of less than 1,500 banks circulating outside in order not to attract the attention of others, which is not something that can be completed in a day or two.
However, Lin Yu is actually not in a hurry, even if the acquisition is completed in July, it will not affect his plans in the future, and now Lin Yu is patient.
After a week of slow absorption, the 45 shares of Standard Chartered Bank were also slowly absorbed by Lin Yu 3 to his name, and it took a week to absorb 3 shares, although the absorption was a little slow, but Lin Yu and Sandwell, who had expected this situation, were not in a hurry, the acquisition of Standard Chartered Bank is not a simple matter, you must know that the current Standard Chartered Bank can be regarded as one of the best banks in the Far East, and in the Asian banking industry, only a few banks in Japan and South Korea can be comparedIt's just that Standard Chartered Bank is a British bank in the Far East, so it is not as popular as some local banks, but even so, the business volume of Standard Chartered Bank is also very large, but it is such a bank, but because of the inaction and mistakes of the leadership, it slowly weakened, knowing that after Bao Yugang and Qiu Depuat joined forces to save in 86, it was better again.
However, only 3 shares were acquired in a week, Lin Yu still has a headache, and if it continues at this rate, it will not be long before the acquisition plan will be noticed, which will attract the attention of the senior management of Standard Chartered Bank and others, which will increase the difficulty of this acquisition.
Sitting in the conference room, Lin Yu, Sandywell and Jason Clyde sat together discussing how to complete the acquisition of Standard Chartered as soon as possible.
"Sandy, we're too slow to buy now, we only bought less than three percent of the shares in a week, so I guess we won't be able to complete the acquisition by August, which will disrupt my plans for the rest of the day." Lin Yu said with a frown.
"Boss, if we want to acquire Standard Chartered as soon as possible, then we will only have to fight face-to-face with the senior management of Standard Chartered and those people who support Standard Chartered Bank, which will inevitably increase the cost of our acquisition, and it may also make the supporters of Standard Chartered Bank disgusted with us, so I mean to acquire a little bit first, and then when we have enough shares, then we will publicize the fact that Rice Bank wants to acquire Standard Chartered Bank, and then we will notify the shareholders' meeting. There is a good chance that we will buy Standard Chartered entirely, but maybe someone will not sell the lost bank's shares. Sandy Weil said.
In order to be able to stay in Standard Chartered as he wished, Sandywell can also be said to have put in a lot of effort, these days, Sandywell has slept very little every day, although the old man is not old, but the spirit is still very full, which also makes Lin Yu very satisfied with the old guy's professionalism, and at the same time he also told him to rest more and not to be tired, as for whether Sandywell listened to it or not, Lin Yu didn't know.
"Boss, Sandy is right, it's not that we have to buy Standard Chartered's shares quickly, but if we speed up the acquisition, then Standard Chartered will definitely be aware of it, and when the time comes, the shares we acquired are completely insufficient to hold a general meeting of shareholders, so now we have to slow down the speed of the acquisition, but when we buy enough shares for us to hold a general meeting of shareholders, then we can speed up the acquisition." Although Jason is not very satisfied with the work of acquiring Standard Chartered shares in the stock market in the past week, there is no way, this is not to blame everyone, but to blame the stock of Standard Chartered Bank is relatively strong, and the public also has great confidence in Standard Chartered Bank, and his side must not only slowly acquire stocks, but also must not attract the attention of others, which undoubtedly increases the difficulty of acquisition, so although he is not satisfied, Jason can not do anything.
Lin Yu nodded, didn't say anything more, just frowned and didn't know what he was thinking.
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