Rebirth capital madman - Chapter 1210
Happy New Years Eve everyone!
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Because of Huifeng Bank’s plan to relocate to London, and the sharp conflict with the Hong Kong Financial Management Authority, after Gao Xian’s big framework for a solution to the situation was ushered in, Pu Weishi was lucky enough to mention another question, that is, Huifeng Bank and Operational possibility of Midland Bank or merger, or acquisition.
This temptation is not difficult to understand. Huifeng Bank’s “three-legged stool” internationalization strategy has always been short of the “leg” of Europe. Although Midland Bank is currently the best acquisition target, and Huifeng Bank has also prepared the way for the acquisition of 14.9% of Midland Bank’s shares, the British banking industry has changed its attitude towards Huifeng Bank’s “homecoming”. The existing structure is full of wariness, even hostility, so that the inevitable shareholders, regulators, etc. hurdles of such large mergers and acquisitions are becoming more and more difficult.
More importantly, Huifeng Bank committed suicide. Its most important source of income, Xiangjiang assets and business, is under the supervision of the Xiangjiang Financial Management Bureau led by Gao Xian. It can no longer use Xiangjiang’s money to please the British The “grandfathers” on the mainland.
Based on Gao Xian’s promise, from Huifeng Bank Xiangjiang’s assets and business, it was allocated to the new group, American Ocean Milan Bank in North America, Zhan Jinbao Securities in Europe, and 14.9% Mitland Bank shares, etc., are not enough to support the completion of such a large-scale merger and acquisition.
Under such circumstances, Pu Weishi can only try to seek help from Gao Xian. If the other party is moved, there is a great possibility that it will achieve the goal more smoothly than Huifeng Bank’s own efforts to merge or acquire Midland Bank. Woolen cloth.
In this regard, Gao Xian did not stop Pu Weishi’s thoughts, “As long as it is beneficial to the Hong Kong International Financial Center and conforms to normal business logic, I believe that Huifeng Bank will achieve international I am happy to see the results, and even use my personal resources to provide assistance within my ability.”
Gao Xian’s attitude is quite attractive. Using his personal resources can be very powerful. Besides Gao Yi, he also has various contacts. It must not be the former British Deputy Minister of the Treasury who was bought by Huifeng Bank in every possible way. Dehao can be compared to him.
However, the two premises in Gao Xian’s words are quite meaningful.
Huifeng Bank’s relocation to London in a brutal way of taking money and running away must have damaged the Xiangjiang International Financial Center; Huifeng Bank consumed Xiangjiang’s financial resources regardless of cost to please the British government and opposition, which naturally did not conform to normal business logic.
Pu Weishi understood that Gao Xian gave the possibility of the future, just like the gap in the encirclement before, but it depends on the performance of Huifeng Bank in Xiangjiang.
Alright, then first win the trust of Gao Xian, the Hong Kong Monetary Authority, and the Hong Kong society!
Before the temporary suspension of trading due to structural adjustments, the stock price of Huifeng Bank was shockingly debuted due to a corruption scandal, and it fell from the 30 Hong Kong dollar range to the 20 Hong Kong dollar range. It can be said that it was really affected; The stock price of the company has not been negatively affected by the divestment of the assets and businesses of the Oceanic Miranda Bank of the United States and the United Kingdom in accordance with the “three-legged stool” internationalization strategy.
This kind of stability can be found in some answers from the new major shareholder structure of Xiangjiang Huifeng Bank: Xiangjiang Development Investment Fund holds 8% of the shares, Gaoyi Group holds 5% of the shares, and Chase Bank of the United States holds 100% of the shares. Five-fifths, and the number of large financial institutions is not listed one by one. In short, the distribution of benefits is very satisfactory.
As for the new Huifeng Bank Group, through a series of capital operations with great effort, it holds about 20% of the shares of Xiangjiang Huifeng Bank. In fact, there is no need to worry about losing the current controlling stake. Because shareholders such as Gao Yi and Chase Bank of the United States, which hold 5% of the shares, have promised to have no interest in the controlling stake in Xiangjiang Huifeng Bank, and Xiangjiang Development Investment Fund is even more special, and will not sit idly by Xiangjiang Huifeng, one of the financial institutions in the Xiangjiang system. Fung Bank, if there is a turbulence in control, it will definitely come forward as a “white warrior” when necessary.
If you have to use numbers to express this degree of stability, the total shareholding of these four shareholders exceeds 35%, and the situation couldn’t be more obvious.
Compared with the confusing game of structure, personnel, shareholding, etc., the public is obviously more interested in the most simple and easy to understand, Huifeng Bank and Hong Kong Securities Regulatory Commission reached an agreement to accept a fine of 800 million Hong Kong dollars.
The whereabouts of the 800 million Hong Kong dollars is very interesting. 200 million of them were given to the Hong Kong government’s finances, and the remaining 600 million were given to the Hong Kong Development and Investment Fund. The Hong Kong Development and Investment Fund clearly stated that the 600 million will be allocated to the account of the new social security mechanism of Hong Kong, which will be achieved in the future. It’s better not to be young.
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In the eyes of ordinary people, if Huifeng Bank pays the fine obediently, it is equivalent to being subdued by the Xiangjiang Financial Management Bureau. A resource that was previously regarded as a forbidden child made other Xiangjiang banks smile.