Rebirth of the Great Entertainment Empire

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Zheng Haiquan, Xu Cun's senior counselor, is not simple. He is the number one Chinese banker in Xiangjiang, which is well-known in China.

In the 1970s, Zheng Haiquan was admitted to the Department of Economics, New Asia College, The Chinese University of Hong Kong, and successively obtained a Bachelor of Social Sciences from the Chinese University of Hong Kong and a Master of Philosophy from the Department of Economics, University of Auckland, New Zealand.

In 1978, Zheng Haiquan joined the Finance Department of HSBC Bank.

In 1986, Zheng Haiquan became the chief economic researcher of HSBC.

In 1995, Zheng Haiquan served as the general manager of HSBC.

In 1998, Zheng Haiquan was transferred to the vice chairman and chief executive officer of Hang Seng Bank.

In 2005, Zheng Haiquan replaced the retired Eldon as the chairman of the Asia-Pacific region of Hong Kong Shanghai HSBC Bank. He became the first Chinese to hold this position in the 139 years since the establishment of the HSBC Group, and he is also the highest-ranking Chinese in the HSBC Group. At the same time, he also served as the managing director of HSBC Group and a director of Swire Pacific.

In 2007, HSBC Bank (China) Co., Ltd. was established, and Zheng Haiquan served as the chairman of the bank.

In 2008, Zheng Haiquan was appointed as the executive director of HSBC Holdings Limited.

Hong Kong's "South China Morning Post" called Zheng Haiquan and Li Ka-shing together, or called them "the richest and most powerful people in Hong Kong's financial circles."

The first time Xu Cun came up with the idea of ​​a buyer's bank, he thought of Zheng Haiquan.

Zheng Haiquan is not only very capable, but most importantly, he is also recognized as a banker with professional ethics and conscience in the banking industry. A classmate of Xu Cun’s previous life who was an executive in a foreign bank highly respected Zheng Haiquan. He always mentioned Zheng Haiquan when he talked nonsense at parties, so Xu Cun knew about Zheng Haiquan.

The richest man wants to invite a middle-level and grass-roots person from the finance department of HSBC Bank to be a senior consultant. He is asking how this little man who has always had big ambitions does not seize this once-in-a-lifetime opportunity?

Therefore, after Xu Cun had a long talk with Zheng Haiquan by chance, and the day after he extended an invitation to Zheng Haiquan, Zheng Haiquan resigned from the financial department of HSBC Bank.

When Zheng Haiquan came to Xu Cun to report on his work, Xu Cun confessed to Zheng Haiquan his plan to buy the bank.

After hearing that Xu Cun wants to own a wholly-owned private bank, Zheng Haiquan, who is very familiar with more than a hundred banks in Xiangjiang, told Xu Cun the basic situation of the banks that meet Xu Cun's conditions, and recommended Kangnian Bank, Hang Lung Bank to Xu Cun Bank, Sun Hung Kai Bank three licensed banks.

Among the three licensed banks are Hong Nian Bank, Hang Lung Bank and Sun Hung Kai Bank.

Sun Hung Kai Bank has the most depositors, but it is the most expensive to buy Sun Hung Kai Bank——Sun Hung Kai Bank is a medium-sized bank in Hong Kong, and it has some background. Due to the double difficulties of insufficient funds and a large loss of deposits, it is currently facing the fate of being liquidated. Therefore, Sun Hung Kai Bank may be bought by Xu Cun. However, the current owner of Sun Hung Kai Bank, Feng Jingxi, is not willing to sell all of Sun Hung Kai Bank. He only wants to sell half of the shares of Sun Hung Kai Bank to tide over the difficulties. Therefore, if Xu Cun wanted to buy Sun Hung Kai Bank, he would have to bleed a lot.

Conifer Bank has the fewest depositors, but Conifer Bank is small, and buying it is not at all cheaper than buying Sun Hung Kai Bank—Conifer Bank is an old-fashioned small bank with assets of more than 200 million at most. But the current Kangnian Bank is doing well, and the proprietor has no intention of selling it at all. Therefore, if Xu Cun wanted to buy Kangnian Bank, he would have to bleed a lot.

Hang Lung Bank has only a little less depositors than Sun Hung Kai Bank, and if Xu Cun buys Hang Lung Bank, he should be able to save a lot of money than buying Conifer Bank and Sun Hung Kai Bank.

Zheng Haiquan analyzed: "Right now, Hang Lung Bank is stuck in a quagmire and there is a risk of triggering a financial crisis. I guess the Hong Kong British government will not sit back and watch Hang Lung Bank trigger a financial crisis. When necessary, the Hong Kong British government is likely to ask Hang Lung Bank injects capital and takes over Hang Lung Bank. At that time, shareholders of Hang Lung Bank such as Zhuang Rongkun and Zhuang Qingquan may get nothing. Shareholders of Hang Lung Bank should be aware of this. Therefore, they must be willing to sell Hang Lung Bank , even if the price is lower. However, Hang Lung Bank is now in a state of loss. Previously, Hang Lung Bank claimed that Hang Lung Bank had only a loss of tens of millions, but I estimate that Hang Lung Bank has at least a loss of 200 to 300 million. Let’s estimate it conservatively. There is a loss of 400 million. Based on this value, Mr. Xu, you should be able to buy Hang Lung Bank with 500 million Hong Kong dollars."

actually--

Rather than saying that Xu Cun wants to buy a bank, it is better to say that Xu Cun only wants to buy the license held by the licensed bank and the depositors owned by the bank.

Heung Kong implements a three-tier system of depository institutions, which are licensed banks, banks with restricted licenses and deposit-taking companies. The three are collectively referred to as authorized institutions. Among them, only licensed banks can operate current and savings account business, accept deposits of any amount and term from the public, and pay or accept checks issued or deposited by customers. Restricted license banks are mainly engaged in merchant banking and capital market activities, and can also accept deposits of HK$500,000 or more in any term. Most of the deposit-taking companies are owned by or associated with banks and are mainly engaged in a variety of specialized businesses such as private consumer credit and securities. These companies can only accept deposits of HK$100,000 or above with an initial deposit period of at least three months.

Therefore, only a bank with a licensed bank license issued by the British Hong Kong government can be regarded as a real bank, and can satisfy Xu Cun's purpose of borrowing money from depositors.

Therefore, Hang Lung Bank, which is a licensed bank and has a certain base of depositors, is indeed the best choice for Xu Cun.

After listening to Zheng Haiquan's analysis, Xu Cun was silent for a while, and said, "Can you buy Hang Lung Bank with 500 million Hong Kong dollars?"

Zheng Haiquan said confidently: "If Hang Lung Bank really has more than 300 million losses, Mr. Xu, you only need to give Zhuang Rongkun, Zhuang Qingquan and other shareholders Hang Lung Bank 100 million Hong Kong dollars at most. Below that, you can't use 200 million Hong Kong dollars. And Hang Lung Bank After all, it is only a small and medium-sized bank, and it is impossible for it to have a loss of more than 400 million yuan, so 500 million Hong Kong dollars should be enough to buy Hang Lung Bank."

Xu Cun asked Zheng Haiquan calmly: "Then how are you going to talk to them?"

Zheng Haiquan replied: "I will tell them, Mr. Xu, you are going to use 300 million Hong Kong dollars to buy Hang Lung Bank, which has no losses."

Hearing Zheng Haiquan's answer, Xu Cun laughed——Xu Cun is sure that if Zhuang Rongkun, Zhuang Qingquan and other shareholders of Hang Lung Bank are really eager to get rid of the trouble of Hang Lung Bank, after Zheng Haiquan's trial, how much Hang Lung Bank will actually lose? , must not hide.

He secretly nodded to Zheng Haiquan's response in his heart! Then, Xu Cun smiled and said, "Then I'll leave it to you, Hai Quan, to take care of my purchase of Hang Lung Bank."

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