Rebirth capital madman - Chapter 1209
The current executives of Huifeng Bank, represented by Pu Weishi, have softened in front of Gao Xian, which is largely in line with the Hong Kong Monetary Authority’s plan to relocate Huifeng Bank to London. That is, “the besieged teachers must be quelled, and the poor should not be oppressed.”
To put it bluntly, the encirclement gap in Huifeng Bank’s London relocation plan is that the entire Huifeng Bank Group can relocate to London, but the assets and business of Xiangjiang must be handled in accordance with the regulatory guidelines of the Hong Kong Monetary Authority; after the corruption scandal of Huifeng Bank broke out, As for the guilt of Huifeng Bank’s senior management going to step on the sewing machine, the Xiangjiang Financial Management Bureau can let go of a gap in the encirclement, but Huifeng Bank’s senior management must be aware of current affairs; and Huifeng Bank has been looking forward to The last big card in China, the appearance of the British government, is to ensure that this “gap” is really implemented, enough to escape.
Of course, the premise of all this is that Gao Xian and the Xiangjiang Financial Management Bureau created by him have abundant energy and set up a network of heaven and earth. In sharp contrast, Huifeng Bank in the “old script” calmly rolls The money ran away, and he could continue to use the platform of Xiangjiang International Financial Center to continuously earn huge profits.
Once you understand this point, you can understand why the only solutions to break the situation in various aspects are Gaoxian and Xiangjiang International Financial Center.
However, Gao Xian said one thing first, “When will Huifeng Bank implement the punishment imposed by Xiangjiang Securities Regulatory Commission on Huifeng Bank?”
Hearing this, Pu Weishi smiled wryly. He understood Gao Xian’s intention to bring up this matter first. The correct supervision of Huifeng Bank has also sounded the alarm for other listed companies to violate the rules. Huifeng Bank dares to challenge the regulatory authority and will be punished. You can weigh the cost of breaking the law yourself!
Among the punishments imposed by Hong Kong Securities Regulatory Commission on Huifeng Bank, the one that hurt Huifeng Bank the most is that it imposed a heavy fine of 8 billion Hong Kong dollars. Even though Huifeng Bank has more than 10 billion internal reserves, the account of business logic is not Such a simple calculation, Huifeng Bank can’t stand it, and paying by installments is also a big pain.
Fortunately, Pu Weishi understands that since everyone has finally sat down to discuss together, Gao Xian and the Xiangjiang Financial Management Bureau will not really want to kill Huifeng Bank. What about the authority of the meeting? But can bargain.
Therefore, Pu Weishi looked pitiful and asked: “Sir Gao, Huifeng Bank is willing to accept the punishment of the Hong Kong Securities Regulatory Commission, but in terms of fines, it is really unbearable. Eight billion Hong Kong dollars, converted into US dollars, are more than One billion US dollars, looking at the world, is quite shocking, and the net profit of Huifeng Bank in the last fiscal year was only more than three billion Hong Kong dollars, so Huifeng Bank implores this fine to be greatly reduced.”
“The annual net profit of more than three billion Hong Kong dollars is already very dazzling. Many companies on the Fortune 500 list in the United States have not yet reached this level.” Gao Xian commented leisurely, meaning that Hui Hong Kong Bank has benefited a lot from the Xiangjiang market, but it lacks a sense of belonging to the Hong Kong market. “The penalty scale of the Hong Kong Securities Regulatory Commission was not made casually. The market value of the bank is still more than 80 billion; moreover, the internal reserves of Huifeng Bank are as high as more than 13 billion.”
“Sir Gao, don’t entertain me anymore.” Pu Weishi said sarcastically: “The Gao Bank Group, including Lie Bank, was developed and grown through Sir Gao’s hands. It is clear, however, what such a huge fine means to the normal operation of Huifeng Bank, let alone what it means.”
Gao Xian nodded slightly, “How much fine can Huifeng Bank accept?”
Pu Weishi bit the bullet and stretched out a finger tentatively. Of course he didn’t dare to extend the middle finger, but the index finger.
Before Pu Weishi could speak further, Gao Xianhai hammered the armrest of the sofa vigorously, “Okay, then 100 million U.S. dollars, let’s round it up, 800 million Hong Kong dollars, the dispute between the Hong Kong Securities Regulatory Commission and Huifeng Bank , stop here.”
Pu Weishi swallowed hard, he stretched out his index finger, it didn’t mean 100 million US dollars, a fine of 800 million Hong Kong dollars was still too much, but looking at the indifferent expression on Gao Xian’s face, Pu Weishi didn’t dare He bargained again, and at the same time secretly comforted himself, the fine was suddenly reduced from 8 billion to 800 million, and the conflict between Huifeng Bank and the Hong Kong Securities Regulatory Commission came to an end.
“Yes, Huifeng Bank accepts the punishment.” Pu Weishi tried his best to guide him to the point, “Then what guidance does Sir Gao have for the future structure of the entire Huifeng Bank Group?”
“My basic opinion has not changed. The entire Huifeng Bank Group can be relocated to London, but it should refer to the structure of the Standard Chartered Bank Group.” Gao Xian said calmly, but it was difficult to disagree. In London, the operation was as fierce as a tiger, and it was still disgraced in the end. The widespread ridicule it caused was connected together. If I knew it was like this, why did it in the first place? no Zuo no Die!
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“Huifeng Bank’s “three-legged stool” internationalization strategy has achieved results, which should be respected, and there is no need to waste it.” Gao Xian’s tone was full of affection for Huifeng Bank, “In this way, Ocean Milan Bank of the United States will be From the Xiangjiang assets of Huifeng Bank, it was transferred under the new group; for the 100% equity of American Ocean Miran Bank, it spent more than 1.1 billion U.S. dollars successively, and the more than one billion dollars of blood transfusions for American Ocean Miran Bank every year. Dollars, don’t care.”
“In the UK direction, Huifeng Bank spent nearly 400 million pounds to acquire 14.9% of the shares of Midland Bank, and other assets acquired, including Zhan Jinbao Securities Company, also from Huifeng Bank’s In Xiangjiang’s assets, if it is assigned to the new group, the historical capital expenditures involved are also ignored.”
“As for the rest, including Huifeng Bank’s assets and businesses in Australia, Southeast Asia, South Asia, and the Middle East, they still belong to the scope of Hong Kong Huifeng Bank’s assets and business, and this part maintains its first listing status on the Hong Kong Exchange. , its shares are held equally by the new group and other market investors; board seats are allocated according to this standard.”
“Of course, Xiangjiang Huifeng Bank must still be a member bank of the new group, and Xiangjiang Huifeng Bank must also have a corresponding seat on the board of directors of the new group.”
Listening to Gao Xian’s eloquence, it showed that everything about Huifeng Bank was under control, and Pu Weishi finally realized something. I am afraid that Gao Xian’s plan for the development of Huifeng Bank has long been It took shape.
He gave a plan to break the situation for all parties to step down. In fact, he set aside the peripheral things from the assets of Huifeng Bank Xiangjiang to become the assets of the new group, which can be regarded as an explanation to No. 10 Downing Street; To what extent Bank of Hong Kong belongs to the assets of the new group depends on the actual number of shares held in the market.
Anyway, with a flick of a pen on the books, Huifeng Bank’s Xiangjiang assets can be turned into London assets in a blink of an eye, no! For example, it is absolutely impossible to let go of core assets including more than 10 billion internal reserves.