Chapter 1587 Incomparable Vision!

Hong Kong Guoxin Bank, which Xiao Qi wants to acquire, has not had an easy life as the Hong Kong stock index has plummeted recently.

Hong Kong is such a big place. International giants include Bank of China, HSBC, Standard Chartered, Citigroup, Morgan Stanley, etc. In addition, there are some medium and large local banks. Guoxin Bank ranks in the second place. Top ten or so, the market share is nothing at all.

That is to say, they are an old brand for decades, and they have not made mistakes on weekdays, so many old depositors still trust them, and new young people are attracted by these big banks.

The most profitable business of mature banks is not the interest rate difference between deposits and loans. Those who rely on this to make money as their biggest source of income are basically banks that are unable to make money at a higher level.

There are several ways they really make money. The first is to underwrite various bonds, the second is to do IPO listing, and the third is to sell financial derivative products.

In mature and developed countries, every local government and every company will consider issuing bonds, but generally speaking, these bonds will not be issued directly by them, but through banks.

Because in the minds of investors, how much are these bonds worth and what are the risks? They must not listen to what the originators of these bonds say, because they must say that their own things are good, and Wang Po even knows how to sell melons. What's more, they want to get money in the hands of investors.

Therefore, the intermediary role of the bank is very large, and the issuance and guarantee must be done by the bank. In other words, the super-large and powerful bank even has the right to determine the value of these bonds.

For example, if a company's fundamentals are not good, the face value of the bonds they want to issue is 100, but the bank is only willing to issue them at a price of 60 yuan. What is extra is that the bank eats it by itself, because the bank also bears the risk in this matter, and they think they should eat so much.

Is that enough to count?

Issuing 100 million bonds, 40 million will be eaten by the bank directly, and only 60 million will actually go to the company. Is this kind of business easy to make money?

As for the second IPO listing. That is the bank's main profit point.

If a company wants to go public, it needs a bank with experience in market operations to handle all the procedures and procedures related to listing for them, so that they basically don't need to deal with unfamiliar aspects and wait for the company to go public after the listing. Money will do.

But the bank is not doing it for nothing, and the remuneration they charge is also very expensive. Usually, they buy 10% or 20% of the original shares at a price of 1 yuan, and wait until the company goes public. The stock price has soared, and usually hundreds of millions or even billions of profits are made as soon as they change hands-Bank of America made tens of billions of RMB in the IPO of China Construction Bank! This is faster than snatching!

The third financial derivative product is a thing that has emerged in recent decades, but it develops very fast. If you do it well, you can make a lot of money, which is much more than the previous two weeks. .

However, the professional elites required by such financial derivative products are not affordable by ordinary banks, only Goldman Sachs, Citigroup, Merrill Lynch and other giants. Only then can they be able to support them, and can they pass the financial derivative products they make. Cheat money everywhere!

It's a pity that none of these three good things can come to Guoxin Bank. They have no strength and no reputation at all, and others will never look for them because of the above three things.

Their biggest source of profit so far is nothing more than the interest rate lending among peers. The annual profit is only less than a few hundred million.

In fact, normal small banks only have so much profit, but the return on capital is less than 5%, which makes the two major shareholders, the Lu family and the Huang family, very dissatisfied, especially when Internet technology is in full swing. They all want to invest in new fields and earn a lot of money, which is much better than eating enough every year but not being rich.

Their thinking has reached its peak with the continuous decline in the stock price of Guoxin Bank.

China Merchants Bank has been negotiating prices back and forth between Wing Lung Bank and China Reform Bank. Both banks are aware of it, and the banking circle in Hong Kong is also aware of it.

Both banks are private family banks, but their status and grades are different, so their confidence is different.

Wing Lung Bank ranks among the top ten banks in Hong Kong. It is very large in scale and naturally wants to sell it at a good price.

But Guoxin Bank is different. Its scale is so small, and the major shareholders naturally hope that they can sell it at a suitable price.

But China Merchants Bank is not a fool. Seeing that with the subprime mortgage crisis, Hong Kong will be hit hard. Of course, it is willing to wait until the price is lower.

So during this period of time, the various contacts of China Merchants Bank stopped, which made the two banks inevitably feel a little bit suspicious.

Yu Minwei called Xiao Qi and explained the reason, Xiao Qi naturally fully agreed.

Now firstly, the customers of Xiaoyao Mall are not used to Xiaoyao Wallet and have not established enough credit; secondly, Xiaoyao Building has not been completed, and there is no way to start business after buying a bank, let alone entering the inland provinces. various approvals.

It has been very smooth to get a series of things done in the bank within half a year.

Compared with Guoxin Bank's cautious acquisition, Qiu Dan, who has already entered the role in the acquisition of Xie Ruilin Jewelry, has gone extremely steadily in the process of privatization.

There is no other reason. Xie Ruilin has had too many scandals in the past two years. Not only has his reputation been damaged, but his influence has also become weaker and weaker. Prison, I really don't know when and what month it will be able to resume listing again.

Now the purchase price of "Zhizhi Fund" is very reasonable, and it coincides with the continuous fluctuation of the Hong Kong stock market. Everyone naturally chose to obey the opinions of the major shareholders, take the money and leave.

However, a good stock market has a great feature, that is, it is very cumbersome, and various rules and regulations must be followed, so the speed is not much faster.

According to the current speed, it is already a very good thing that the privatization can be completed before the Spring Festival this year.

On the one hand, it is striving for the early success of privatization, on the other hand, Qiu Dan has already started to rectify the entire Xie Ruilin Jewelry.

Xie Ruilin's middle and high-level jewelry, as well as those skilled old craftsmen, were really taken away by Xie Ruilin.

But Xiao Qi's network is different. He directly borrowed many elite soldiers from Chow Da Fook to help Qiu Dan stabilize Xie Ruilin's jewelry which was in turmoil, and at the same time take over the processing center of Xie Ruilin's jewelry.

Of course, these people still have to pay back, especially skilled old craftsmen, and they cannot rely on outsiders.

Therefore, Qiu Dan went to Guangdong Province, and with the cooperation of headhunting companies, with the policy of high salary and high benefits, he poached 33 old craftsmen from 6 jewelry companies in the Mainland, and made the senior management of those jewelry companies scold this woman Too shameless!

But they clearly came to poach people, and compensated them according to the contract. In the legal sense, there is nothing worth pursuing, and they can only do nothing.

On the other hand, Qiu Dan keeps dispatching people to inspect the clerks of each branch, trying to select a new store manager as soon as possible, and then prepare for store purchases, and re-purchase the store if the purchase cannot be made.

Qiu Dan also went to the raw material suppliers in Europe, America and Asia several times in person, trying to convince them that Zhizhi Jewelry, which is about to be renamed, must be stronger than before, and even finalized the purchase plan for next year in advance, with a large amount of prepayment The payment was sent to the past, and the suppliers over there appreciated it very much.

Jewelers have always valued courage.

What Jordan showed was exactly this kind of precise pride.

She doesn't care about those small profits. She starts everything from the long-term perspective and the overall situation. After the negotiations, they all praised this woman who was born as a housewife.

Once Qiu Dan became serious, her husband was surprised by her comprehensiveness in doing things. He never thought that his wife, who had always been peaceful and weak, would become so sharp after taking up the position of CEO of Zhizhi Jewelry.

Not only him, Xie Ruilin, who had been watching coldly, was also horrified when he saw the various methods of his daughter-in-law.

Although in the eyes of industry veterans like Xie Ruilin, many of Qiu Dan's methods now seem relatively immature, but if he continues to develop like this, he will definitely be able to become a good manager, and managing a large jewelry company will not be a problem at all. .

God!

How did Xiao Qi see this?

Prior to this, Qiu Dan hadn't even attended a day's class! There is no chance for anyone to show their strength at all!

Was it really what he said, that from the few times she appeared in magazines, Jordan's taste in fashion could tell that she was a powerful woman?

That's just nonsense!

Isn't Jiaxin's dress pretty enough? Is Li Shaozhi's temperament not outstanding enough? Isn't Honggu's charm and dress matching not good enough?

But none of them are good at running a company, so why is it that only me, an unremarkable daughter-in-law, can?

While Xie Ruilin couldn't figure it out, he admired Xiao Qi more and more in his heart. The name of this talented boy is really not a random cover, he is definitely God's darling!

In the hearts of the older generation like them, they believe in fate and Feng Shui very much. The place where Feng Shui is most prosperous in the world is Hong Kong, an international metropolis with a very good combination of Chinese and foreign!

Therefore, Xie Ruilin gradually stopped thinking of playing tricks, and began to tell his son and daughter-in-law to work hard and live up to Xiao Qi's trust in them! (to be continued..)