My Age of Investment

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After talking with the employees sent by Jupin Pictures to work at Marvel, Xia Jingxing had lunch with them.

In the afternoon, Xia Jingxing rushed to Pasadena, a satellite city more than ten kilometers away from downtown Los Angeles.

The headquarters of East West Bank is located in this city.

From the outside, the headquarters building of East West Bank is still very grand. The exterior walls are painted white, and it looks like a palace from a distance. There are many palm trees planted along the road at the entrance as embellishments.

After arriving at the place, Xia Jingxing saw Chen Hong and Wu Jianmin waiting at the door as soon as he got off the car.

"Jing Xing, you are finally here. If you don't come, I will come looking for you."

Chen Hong took a few steps forward, put his arm around Xia Jingxing's shoulders affectionately, and then began to "complain."

Wu Jianmin looked on with a smile. He knew that Chen Hong and Xia Jingxing had a good relationship, otherwise the other party would not have appointed Chen Hong to take charge of the privatization of East West Bank.

Chen Hong noticed that Wu Jianmin had been standing aside, a little neglected, and said quickly: "Thanks to Mr. Wu's busy schedule during this period, otherwise the privatization of East West Bank would not have gone so smoothly."

Wu Jianmin waved his hand and said, "Mr. Chen, you're too generous. I'm just doing my duty."

Xia Jingxing smiled and shook hands with Wu Jianmin, "Jianmin, don't be humble. Although I haven't come to the company in person during this period, I know that you have made countless contributions to the company."

Wu Jianmin smiled and stopped being polite. He and Chen Hong led the way, leading Xia Jingxing and his group into the bank building.

Everyone walked into the conference room on the top floor of the building and sat down one by one. Wu Jianmin glanced at Chen Hong and said, "Mr. Chen, would you like to report first?"

"You are the CEO, and I will assist you in your work. You should come first."

Wu Jianmin stopped refusing and said with a smile: "Darren, the privatization work of East West Bank has officially ended. 100% of the company's equity has been acquired by Vision Financial Holdings Group. A total of US$1.042 billion has been used, which is more than estimated. of US$1 billion exceeded.”

Xia Jingxing nodded lightly, not paying too much attention to the extra change. After all, East West Bank is a medium-sized bank with hundreds of branches. It is a bargain to be able to acquire it at this price.

If it had been before the financial crisis broke out, the cost of acquiring East West Bank would have been several times higher than it is now.

After briefly introducing the acquisition process and details of East West Bank, Wu Jianmin then talked about his future development strategy for the company.

“After officially changing our name to Chinese Bank, we plan to develop in three directions and rapidly expand the company.

First, while consolidating the U.S. market, we will look for opportunities to acquire some banks that are in trouble and increase our number of branches and total assets.

After all, the United States is our current basic base, and we must not give up easily. "

Xia Jingxing nodded, "You are right. East West Bank has a group of loyal Chinese and Chinese users in the United States. This is also East West Bank's most valuable asset at present.

After Envision Financial Holdings acquires East West Bank, it will not make too many changes to East West Bank's existing business, except for changing its name to a more majestic name with a wider range of services. It will avoid the loss of customers and ensure a smooth transition. "

Wu Jianmin nodded slightly, "I have discussed this matter with Mr. Chen and are already making preparations. I believe it will not cause too much fluctuation among users.

After all, Mr. Xia, you are also a well-known Chinese (overseas Chinese) in the United States, and you have earned a lot of face for us Chinese.

In addition, you are one of the richest people in the world, a famous financial tycoon on Wall Street.

Keeping money with you makes everyone feel at ease.

Recently, many major clients have been asking me about whether there are any opportunities to purchase Vision Capital hedge funds in the future.

The story of Li Xia No. 1 Fund’s 60-fold fortunes has now spread throughout the Chinese community in the United States, and no one can resist this temptation. "

Xia Jingxing laughed loudly. There were several small Chinese tycoons among the LPs of Lixia No. 1 Fund. They got lucky and subscribed to Vision Capital's first hedge fund. Their net worth doubled. Now they are all the envy of others, and they are also the envy of Vision Capital. A walking advertisement.

"You can answer them, if there is a chance, the big customers of Chinese Bank are the big customers of Vision Capital, and everyone is our own."

Wu Jianmin smiled slightly and understood what Xia Jingxing meant. Bundle sales were a model he was familiar with.

Chen Hong suddenly interrupted: "Most Chinese customers warmly welcome you to join a Chinese bank.

But there is also a small group of people who are wary of your Chinese identity and feel that it is not safe to keep their money with you. "

The smile on Wu Jianmin's face suddenly stopped, and he quickly explained: "Darren, you have to believe that there are always a few people who have no vision. They don't know what a huge opportunity they have missed."

Xia Jingxing waved his hand, "Let them go. There is no reason for banks to force savings."

Xia Jingxing knows that there are some Chinese Americans in the United States who hate him more than white supremacists.

These people don't know what An's intentions are, and they are all unhappy with him making a lot of money in the United States.

Perhaps it had something to do with Xia Jingxing's refusal to donate to some Chinese organizations that came to him for alms.

If a normal Chinese organization comes to visit, Xia Jingxing will still reward him with three melons and two dates.

But he really doesn't dare to donate to some organizations unless he doesn't want to return to China.

Wu Jianmin nodded and continued: "The second development direction is to enter the Chinese market in a big way.

I discussed with Mr. Chen and planned to start with corporate and private banking services first, and then gradually expand the business to ordinary customers after establishing enough branches. "

Chen Hong added: “This is considering that East West Bank’s foundation in the Chinese market is still very shallow, and at the same time, relevant domestic regulations are very strict on foreign banks.

Although major international banks such as Citigroup, Standard Chartered and HSBC are coveting the domestic market, they can still only handle some business for wealthy people and enterprises.

Moreover, Envision Capital has a good reputation and performance in international capital markets such as Hong Kong and the United States, and can develop collaboratively with East West Bank. "

Xia Jingxing didn't answer whether it was good or bad, and continued: "Are there any other strategies?"

Wu Jianmin said: "The third development direction is to base ourselves in Hong Kong and radiate to Southeast Asia. In the future, we can also enter markets such as Europe and Africa to become a truly global Chinese bank."

Xia Jingxing smiled and said: "There is no problem with these three development directions, I support them!"

Wu Jianmin and Chen Hong looked at each other and both showed satisfied smiles. Xia Jingxing's approval of the suggestion was not in vain since they had been studying it for so long.

"but……"

Xia Jingxing changed the subject and asked, "Have you considered the funding issue?"

Wu Jianmin said with a smile: "Dalun, we need your financial support. With the power that East West Bank has now, it will not be able to reach global business even after ten years of development."

Xia Jingxing tapped his fingers on the table. A bank completely controlled by him had long been included in his development plan.

The current size of East West Bank is still too small to provide much support to his companies.

Therefore, we can only spend money to make the company bigger first, and then talk about business support and development synergy later.

"Have you made a more specific plan? How much money is needed to support simultaneous expansion in three directions?"

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