Chapter 1354 The Progress of the Acquisition

Xiao Qi, who was in a good mood, was smiling all over his face when he went to work in the morning.

It's just that his wish to make Yu Shanshan unable to get out of bed has not been fulfilled. When Yu Shanshan went to work today, she was in better spirits than him, and her delicate dimples were extremely rosy and smooth. The women laughed mysteriously when they saw it.

"Boss, President Yu from China Merchants Bank invited 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, and President Yu's work takes priority deal with."

"I see." Xiao Qi nodded, "But there's no need to go outside. Invite him to the Fairy Canteen."

"Okay~~"

The little beauties here stepped back, and the others over there followed suit. Before Xiao Qi entered the office, he briefly explained today's priorities and key areas of concern.

That's it, before entering the office, Xiao Qi has already understood some important news from last night to this morning, and has dealt with some matters.

This is the benefit of a private company. The boss can convey any orders as soon as possible, while joint-stock companies must follow the regulations. After the decision-makers reach a consensus, they sometimes have to report to the board of directors and the Securities Regulatory Commission. Only after there is no objection can they be implemented .

Thanks to the blessing of reincarnation, Xiao Qi handled things very efficiently, and the little beauties in the chairman's secretariat didn't stop for a moment until before lunch.

Busy is a bit busy, but they still work very energetically, with a lot of smiles on their faces.

The reason is very simple. When the little boss is sitting in the office, they all feel that they have a backbone, and they won't feel like they have lost their souls like some time ago.

After Xiao Qi's temporary departure this time. They deeply feel that all their power and respect come from Xiao Qi, the chairman, so the centripetal force is also stronger.

To put it bluntly, if it wasn't because they didn't have the confidence to surpass Yu Shanshan, and Xiao Qi didn't hook their fingers. I'm afraid these 16 beauties in total have already thrown themselves into their arms.

However, it is a pity that Xiao Qi does not have the habit of eating grass by the side of the nest, and it is even more impossible for him to have anything to do with his little beauties and secretaries. If there is such a day, after the boy eats them, the first decision is to put them away. Transfer away from my side to take charge of other businesses.

No gossip.

While eating at noon, Yu Minwei was a little thinner than before, but more energetic. Sitting in the box on the third floor of the Fairy Canteen, I ate delicious Shuchuan dishes.

He was originally from the Northeast, but he ate a lot of Cantonese dishes in Hong Kong. Occasionally eating such a meal of spicy and delicious Shuchuan cuisine is definitely a kind of enjoyment.

"Everything is good in Hong Kong, but it's too small!" Yu Minwei sighed while eating: "Seven million people gathered in a 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 fashion paradise, but I didn’t expect to go there often after work. On the contrary, I think it’s just like that, and it’s almost inferior to our Fengtian.”

"No way, the place is small, no matter how much it can develop, it will be limited." Xiao Qi said with a faint smile: "So there is still a vast land and an even wider ocean, which is a place with great potential!"

"hehe."

Yu Minwei originally wanted to say something. Finally endured it.

After changing the subject, he got down to business, "Qi Shao, Guoxin Bank, the situation is very good. They are two families in power. Because the return on investment is too low, they are already very tired of the banking industry. Among them, Lu The Jia family probably holds 25% of the shares, and the Huang family holds 23% of the shares. During this period of time, the subprime mortgage crisis has caused panic among Hong Kong people, and everyone thought that the financial crisis in 1997 would repeat itself. When China Merchants Bank contacted them, They really thought that we gave up Wing Lung Bank and bought them instead, and the valuation at the beginning of the quotation was only 28 billion, which was only about 15% higher than the market value.”

"I'm not in a hurry." Xiao Qi shrugged. "Is there a big problem for the remaining small shareholders and retail investors?"

"There are more than a dozen institutions holding the shares of Guoxin Bank, accounting for 28% of the total, and the remaining 24% are in the hands of retail investors in the stock market." Yu Minwei said: "The profits of Guoxin Bank in recent years have not been high. The average is between 1 billion and 2 billion Hong Kong dollars. Dividends are naturally not so straightforward, so many shareholders don’t like them very much. When the subprime mortgage crisis came, their stock prices still fell to a large extent because of lack of confidence. Therefore, our people I also feel that if we wait for a while longer, at least 80% of the shares can be received at a low price, and the target final price for delisting and privatization will be around HK$22 billion.”

Xiao Qi pondered for a while, and now the exchange rate between RMB and Hong Kong dollar is about the same, 22 billion Hong Kong dollars is 22 billion yuan, plus handling fees, etc., the maximum is not more than 23 billion, which is not expensive.

In fact, the key to a bank of that size in Xiao Qi's mind lies in how to enter the mainland market.

Regardless of the fact that many banks in Hong Kong have business in the mainland, but not many have actually started to do so. If you want to do it well, you have to pay attention to it. The best thing is to hire more professional banking elites.

But this is all for the future. After the Guoxin Bank is bought, the bank will be able to recruit talents. Otherwise, empty talk is useless, and even though Xiao Qi's rhetoric is extravagant, not many people dare to come.

In his thoughts, Xiao Qi said: "The shares of those investment institutions, if the price 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 are going to be privatized, The lion must have opened his mouth."

"Well, we also have this plan, and we are entrusting other funds to collect it." Yu Minwei said with a smile: "It just so happens that Wing Lung Bank is doing the same... The acquisition of the two banks is going on at the same time, let us negotiate The personnel have been pondering and reviewing each other, and it is more convenient to promote the smooth completion of the task."

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

"I understand!"

Yu Minwei nodded solemnly.

China Merchants Bank does not have a lot of entrusted business for this kind of investment bank, but Lulu always knows that in the end, Guoxin Bank will be listed under the name of a fund, and then the bank will be completely sold to Xiao Qi.

Otherwise, everyone knows that Xiao Qi is going to buy this bank, and such an exorbitant asking price can definitely be done.

Xiao Qi is not afraid of giving more money, but what he is most afraid of is more troubles. (To be continued..)