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Text Chapter 1354 Progress of Acquisition

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    Xiao Qi, who was in a good mood, was all smiles when he went to work in the morning.

    It's just that his wish to make Yu Shanshan unable to get out of bed was still not fulfilled. When Yu Shanshan went to work today, she was in better spirits than him. Her dimples were ruddy and smooth and charming. There were few experienced beauties in various departments of Fairy Company.  The women laughed mysteriously when they saw it.

    "Little boss, President Yu from China Merchants Bank has asked you to have lunch at noon." As soon as he entered the office, a pretty secretary came up with a folder in his arms, "This is what you ordered, President Yu's matters take priority.  deal with."

    "I understand." Xiao Qi nodded and said, "But there is no need to go outside. Please invite him to the Fairy Canteen."

    ¡°Okay~~¡±

    The little beauty here stepped back, and a few people over there also came up. Before Xiao Qi walked into the office, he briefly and concisely explained today's priority tasks and key areas of focus.

    Just like that, before entering the office, Xiao Qi has already understood some of the important news from last night to this morning, and has dealt with some matters.

    This is the advantage of a private company. Any orders from the boss can be conveyed as soon as possible, while a joint-stock company must follow the regulations. After the decision-making team reaches a consensus, sometimes it has to be notified to the board of directors and the China Securities Regulatory Commission. It can only be implemented if there is no objection.  .

    Thanks to his reincarnation, Xiao Qi handled things very efficiently. The beauties in the Chairman's Secretariat did not stop for a moment until lunch.

    Although they were a little busy, they were still very energetic and had a lot of smiles on their faces.

    The reason is very simple. When the little bosses are sitting in the office, they all feel that they have a backbone, and they will not seem to have lost their souls like some time ago.

    After Xiao Qi¡¯s temporary separation.  They deeply felt that all their power and respect came from Xiao Qi, the chairman, so their centripetal force became stronger.

    To be blunt, if it weren¡¯t for the fact that they didn¡¯t have the confidence to beat Yu Shanshan, and Xiao Qi didn¡¯t raise his finger at them.  I'm afraid these 16 little beauties in total have already fallen into my arms.

    However, it is a pity that Xiao Qi does not have the habit of eating grass from the side of the house, and it is even less likely that he will have anything to do with his beautiful secretaries. If there really is such a day, after the young man eats them, his first decision is to kill them  Move away from yourself and take charge of other businesses.

    ???????????????????????????????????????????

    During lunch, Yu Minwei was a little thinner than before, but more energetic.  Sitting in a private room on the third floor of the Fairy Canteen, I ate delicious Sichuan dishes.

    He is originally from the Northeast, but he has eaten a lot of Cantonese cuisine from Hong Kong. It is definitely a pleasure to have such a spicy and delicious Sichuan cuisine every now and then.

    "Everything is good in Hong Kong, but it's too small!" Yu Minwei sighed while eating: "Seven million people gathered in this small place, and it was extremely crowded. When I was young, I watched TV in Hong Kong. I always felt that there  It¡¯s a fashionable paradise, but I didn¡¯t expect to go there often after work. Instead, I thought it was just like that, almost not as good as our Fengtian.¡±

    "There is no way, the place is small, no matter how much development is done, the development is limited." Xiao Qi smiled faintly: "So it is the vast land and the even wider ocean that are the places where there is a lot of potential!"

    "hehe."

    What Yu Minwei originally wanted to say.  Finally I endured it.

    After changing the subject, he got down to business, "Qi Shao, the situation at Guoxin Bank is very good. They are two powerful families. Because the return on investment is too low, they are very tired of the banking industry. Among them, Lu  The Huang family probably holds 25% of the shares, and the Huang family holds 23% of the shares. During this time, the subprime mortgage crisis made people in Hong Kong panic, and everyone thought that the financial crisis of 1997 would happen again.  They really thought we gave up on Wing Lung Bank and acquired them instead. The initial valuation was only 28 billion, which was only about 15% higher than the market value.¡±

    "Keep it as low as you can, I'm not in a hurry." Xiao Qi shrugged, "Is the remaining small shareholders and retail investors a big problem?"

    "There are more than a dozen institutions holding shares of Guoxin Bank, accounting for 28% overall, and the remaining 24% is in the hands of retail investors in the stock market." Yu Minwei said: "Guoxin Bank's profits have not been high in recent years.  The average is between 1 billion and 2 billion Hong Kong dollars, so dividends are naturally not that refreshing, so many investors don't like them very much. When the subprime mortgage crisis came, their stock prices fell to a considerable extent due to lack of confidence. Therefore, our people.  I also think that if we wait a little longer, we can at least receive 80% of the shares at a low price, and the target price for final delisting and privatization is around HK$22 billion.¡±

    Xiao Qi thought about it, and now there is a difference between the RMB and the Hong Kong dollar.At the current exchange rate, 22 billion Hong Kong dollars is equivalent to 22 billion yuan. Including handling fees, etc., the maximum does not exceed 23 billion, which is not expensive.

    In fact, the key to a bank of the size that Xiao Qi thinks is how to enter the mainland market.

    Although many banks in Hong Kong now have business in the mainland, not many of them have actually started business. If you want to do it well, you have to be very particular. The best thing is to hire more professional banking elites.

    ?????????????????????????? But this is all for the future. After buying Guoxin Bank, only with a bank can we recruit talents. Otherwise, it is empty talk. No matter how much Xiao Qi talks, not many people will dare to come.

    In his thoughts, Xiao Qi said: "If the price of those investment institutions' shares is right, slowly find someone to absorb them first. These people are much more difficult to deal with than the Lu family and the Huang family. If we let them know that we want to privatize  , The lion must open his mouth."

    "Well, we also have this plan, and we are entrusting other funds to collect it." Yu Minwei said with a smile: "It happens that the same is true for us at Wing Lung Bank The acquisitions of the two banks are going on at the same time, so our negotiations  The staff all discuss and review each other to facilitate the smooth completion of the task. ¡±

    "It'll be good if it goes smoothly." Xiao Qi pondered for a moment, "In short, before the privatization is completed, no one must know that Fairy Company is the acquirer!"

    "I understand!"

    Yu Minwei nodded seriously.

    China Merchants Bank does not do a lot of entrusted business for this kind of investment bank, but Lu Lu always knew that in the end Guoxin Bank would be under the name of a fund, and then the bank would be completely sold to Xiao Qi.

    Otherwise, everyone knows that Xiao Qi wants to buy this bank, and such a sky-high price can definitely be done.

    Xiao Qi is not afraid of giving more money, but what he is most afraid of is causing more troubles.  (To be continued, please search Piaotian Literature. The novels will be better and updated faster!
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