Chapter 2755 Tuition Fee to Be Paid Again

There is nothing unusual about beauties, but when Lorde said that, Feng Yiping was a little interested, "Which one?"

Lorde glanced at him, "Come on, Feng, don't say you haven't seen her column and don't know her reputation on Wall Street,"

Feng Yiping thought seriously, "Oh, it's her,"

Lorde still looked at him, as if he was pretending.

"Speaking of which, Wall Street is good in everything, but it's a little far from Hollywood," Feng Yiping shook his head gently.

His words made Lorde speechless. How can the beauties in the financial world compare with the beautiful Hollywood stars in terms of external conditions?

The number is even more incomparable.

"Besides, do you think I'm Bernanke?" Feng Yiping added.

Lorde immediately raised his head and laughed, "Feng, I'm looking forward to seeing the expression on Bernanke's face when you say this to him face to face,"

Feng Yiping immediately sneered at his words.

Talking about the most embarrassing experience he had since taking office in front of someone like Bernanke who is very vindictive?

Do you think I'm stupid, or are you stupid? So stupid that I really expect that I will do something like that.

"Since we're talking about this," Lourdes walked to the desk and took out a document and handed it to Feng Yiping, "You will have many opportunities soon,"

"Feng, you are really lucky, you get whatever you want,"

Feng Yiping opened it and saw a form, which showed the number of domestic bank shares held by overseas banks and institutions, as well as the time of the ban.

This is information that can be collected publicly, but Goldman Sachs added an item at the end, "the expected number of sales,"

Among them, the earliest to be unblocked is CCB, which will be on the 27th of next month. Next, the shares held by BOC's overseas strategic investors will be unblocked at the end of the year, on December 30th.

The latest to be unblocked is ICBC, part of which will be unblocked on April 28th next year, and the rest will be unblocked on October 20th in the second half of the year.

Lourdes and others expect that CCB's overseas strategic investor, Bank of America, may sell about 4 billion of the 19.1 billion shares it holds at that time.

"This is our estimate. Given the current situation and the status of Bank of America, the amount they may sell by next month may be much greater than 4 billion shares,"

For UBS, the strategic investor of Bank of China Overseas, they expect that it is very likely to sell all 3.38 billion shares they hold.

Feng Yiping thinks this speculation is tenable. Affected by the subprime mortgage crisis, UBS has disclosed losses of up to 38 billion US dollars, and is now selling assets to realize cash.

For the same reason, they also believe that Royal Bank of Scotland, the largest overseas strategic investor of Bank of China, will sell all 10.8 billion shares they hold...

Feng Yiping should have been happy because he has been hoping to buy shares of domestic banks in recent years. This is really the same as what Lord said, what you want will come true.

However, when he thought of the consequences of these "overseas strategic investors" insisting on domestic bank stocks on a large scale, he was not happy. "Is this cutting off the firewood from under the cauldron?"

Such a concentrated and large-scale sell-off will inevitably cause the share prices of the bank H shares they hold to plummet, which will inevitably affect our international image - think about it, if the share prices of several major banks fall sharply, what will the outside world think?

There may not only be people like Zhang Jiadun who jump out and say that we are going to collapse, but there will be many analysts who will think that we will have big problems. By then, it may not just affect our image.

The most direct impact is that the domestic A-share prices will inevitably be affected.

In the case of the domestic stock market being so "bearish", the share prices of state-owned bank stocks have fallen again, which is undoubtedly adding insult to injury.

"Make a quick buck and run away, what kind of shitty strategic investors are these?"

The so-called "strategic investors" of state-owned banks are similar to our original intention of "trading market for technology" in other fields, such as the automotive field.

Since the four major banks started the overseas listing process in 2005, considering that strictly speaking, our banks are unknown in the international financial community, and many people have the impression of our inherent planned economy, this will undoubtedly make international investors less recognized.

In order to dispel their doubts and achieve the goal of a successful IPO, they have begun to negotiate cooperation with internationally renowned banks and introduce "strategic investors".

One of the purposes of doing so is the same as that of Lauer's making a fuss about Feng Yiping's purchase of Goldman Sachs shares today. Feng Yiping is optimistic about Goldman Sachs, so what problems will Goldman Sachs have?

Take ICBC for example. When ICBC cooperated with Goldman Sachs, they had the same plan. When faced with investment and questions like "Why do we want to buy your bank instead of Citibank and HSBC?", they answered easily, "You don't believe us for the time being, which is understandable, but do you believe in Goldman Sachs? It has invested in us. Why? Because it is optimistic about our development prospects."

Otherwise, with the size of ICBC, how can it be worthy of the mere US$2.6 billion invested by Goldman Sachs?

Of course, since it is a strategic investor, there are naturally other requirements. In addition to no conflict between the two parties in overseas business, we also hope to introduce the advanced technology and management experience possessed by the strategic investor.

But if these so-called strategic investors quickly sell short their shares after the ban is lifted, then these original decisions will really be the same as our idea of ​​​​exchanging the market for technology in the automotive field, and it will only end up being ridiculous. fate.

Strategic investment? Transfer technology and management experience? Bullshit, they are just trying to make money.

It's a pity that we used so many preferential conditions to let them invest. We really fed a bunch of ignorant wolves.

Lauder saw Feng Yiping's annoyance and hurriedly said, "Feng, you know we are not like that. Look, you want to transfer the ICBC shares we hold, don't we disagree?"

"We have always hoped to extend our cooperation with ICBC,"

Feng Yiping glanced at him, who would believe what you said?

The reason why you don't agree to the transfer is just to take advantage of me.

"Feng, we must also consider that in such a bad situation, many of them are indeed unable to protect themselves. It is reasonable to sell such assets,"

"Also," he said a little more seriously, "China's economy seems to be in a stage of deep adjustment. The uncertainty caused by this is also one of the reasons why they choose to sell."

"As your central bank continues to cut interest rates and more and more companies' operating conditions deteriorate, it is not unforeseen that Chinese banks will experience an increase in bad and bad debts or even losses..."

Feng Yiping interrupted him, "There is no possibility of loss. The worst case scenario is that profits will slow down."

Lauder immediately said, "Yes, yes, so you are interested, right?"

"If you're interested, I can approach them right now on your behalf, you know, some of them, like UBS, Bank of Scotland, etc., are in dire need of cash right now,"

"The specific operation is the same as what you proposed to me. Sign the agreement first, and then go through the relevant transfer procedures after the lifting period. During this period, your company will exercise voting rights, income rights, equity transfer rights, etc. on their behalf. Shareholder Rights,"

"Or if you expect their stock price to be lower than it is now, then Goldman Sachs can still strive for a discounted stock price at that time, I think, at least 10% off, and strive for 20% off or lower. How about such a price as the final transfer price?”

To be honest, Laald was really helpless.

Goldman Sachs has deceived many friends and opponents in many aspects, including some institutions representing a country. However, from the time they dealt with Feng Yiping to this day, not only have they not taken advantage of them, they feel that they are always being taken advantage of by Feng Yiping.

The reason why he is so active is because he wants to earn some hard-earned money and commission from Feng Yiping.

Feng Yiping looked at the table, "I very much agree with your idea, so we will first transfer the ICBC shares held by Goldman Sachs according to this plan,"

"As for the rest," he closed the document, "I still need to think about it and ask some people for their opinions."

"To be honest, it's time to settle the balance on the CDS contract,"

"You may not know that this time, a colleague suggested to me that part of the US$5 billion in capital injection should be used as the balance..."

Lauder immediately shouted, "How is this possible? These are completely two different things!"

Feng Yiping pressed his hand and said, "Don't be impatient. Of course I don't agree, but you should also feel that it's not good to delay it any longer, right?"

"You see, even the late payment fees we charge are only symbolic. Considering the high interest rates on borrowing money now..."

"Okay, okay," Lauder waved his hand, "I agree, I agree, that's all."

"Feng, what do you want me to say? Sure enough, in the end, every time we stand in your position and design plans that are beneficial to your interests, we will always be included in them,"

Feng Yiping looked at him and couldn't help but laugh, "Why do you have to pretend like this? I believe you have already made such a decision before you decided to make this suggestion to me, right?"

“Think about it, at a time when cash is so precious, using assets that will take at least eight months to be converted into cash is used to replace a sum of cash in advance. Is there any better idea than this?”

"Hahaha," Lauder immediately laughed, "Feng, so this is the only bad thing about dealing with you. You will know all our purposes clearly."

"But, we are friends, and friends have to help each other, right?"

Feng Yiping really didn't even believe what he said. Do you, Goldman Sachs, have any friends?

Even if you have friends, will you help them? "Isn't it a stab in the back?" He muttered softly.

"Ah, what did you say?" Lauder asked.

"Let me tell you," Feng Yiping looked at his slanted eyes and smooth head, "You really don't think about it," he gestured on his head, "this aspect?"

"About that, I have a great product for you, purely organic,"

There is a hair growth agent in China that seems to have a lot to do with pig urine, which is quite suitable for the person in front of me.

"Really? Thank you!"