Rebirth of the Strongest Tycoon

"Chairman, this is a summary of the results reported by various companies."

Jiuding Building, inside Xia Yu's office, Huo Jianning came in with a folder and presented it on Xia Yu's desktop.

"Well, let it go, go to your business first, and call you later."

Xia Yu raised his head and glanced at Huo Jianning, then looked at the folder on the desktop, and then continued to bury his head in writing the plan of the United Stock Exchange.

"OK!"

Huo Jianning replied softly and obediently, in order not to disturb Xia Yu, he lightly walked, and gently closed the door when he left.

Half an hour later, Xia Yu put down his pen, let out a sigh of relief, and exhaled a long breath.

Looking at the plan that has been written on several pages, the corners of his mouth twitched.

After getting up and flexing his muscles, he poured himself a cup of tea and drank it leisurely, picking up the folder that Huo Jianning handed over and flipping through it.

This folder contains the list of assets acquired from the Swire Consortium and the Carrian Group. For these, Xia Yu directly skipped them.

He focuses on assets other than these two major players, such as:

Twenty-five percent stake in Hang Seng Bank.

10.8 percent stake in Bank of East Asia.

18.6 percent stake in HSBC.

Thirty-five percent stake in Wing Lung Bank.

100% stake in Chong Hing Bank.

100% equity of Heung Kong Wing Hang Bank.

100% stake in Kwang Lee Bank Malaysia.

24.5 percent stake in Heung Kong Telephone Company.

31% stake in the Hong Kong branch of Great Eastern Telecom.

...

These assets are all high-quality assets, especially those of the three banks HSBC, Hang Seng Bank and Bank of East Asia.

And Heung Kong Aircraft Engineering Company also completed the privatization at this time when the stock price was depressed.

Except for a few percent of the shares of Heung Kong Telephone Company, the 20% fixed holding by the Hong Kong government has been excluded.

In addition to the equity held by the parent company and the Hong Kong government, the Hong Kong branch of the British Dadong Telecom Company has basically been acquired. As long as the parent company is secured and the equity of the Hong Kong branch is stripped, the absolute control of the branch can be completed.

In this case, the telecom market will be completely monopolized by Xia Yu.

At the end, Xia Yu saw a series of aggregated numbers.

22,547,450,000 Hong Kong dollars!

This is the total amount of funds consumed by all the assets that have been acquired!

If it was put a few months ago, let’s not mention whether these assets can be bought or not. Even if they can be bought, it is still a high premium. Don’t even think about it if you don’t have hundreds of billions of Hong Kong dollars!

Not to mention the bright future for these companies.

Sure enough, bargain hunting at a low price is the best way to develop explosively!

And now the bottom-hunting acquisition has not stopped, and the consumption of more than 20 billion Hong Kong dollars is within the scope of the entire consortium.

But think about it before the stock market crash, Jiuding Bank and Standard Chartered Bank have withdrawn nearly 15 billion Hong Kong dollars in total.

Jiuding Securities Co., Ltd. is even more. Before the stock market crash, the liquidity has reached more than 26.783 billion Hong Kong dollars.

These three companies add up to more than 40 billion in liquidity.

Other companies have considerable liquidity.

All the companies in the entire Jiuding Consortium only spent more than 20 billion yuan. Where is this going? The more eye-catching and attractive assets have already been robbed, and the remaining valuable companies and assets have also been hidden deeper. The volume is also smaller, and the subsequent capital consumption will continue to slow down.

But it doesn't matter, anyway, even if the outbreak period of the stock market crash has passed, as long as Xia Yu doesn't take the initiative to stimulate, there is still a long period of time in the economic trough, which is enough to buy slowly!

After reading the asset list, Xia Yu thought for a while, and called Jiuding Bank. He had to explain some things to Liu Tianci in person.

It takes a certain amount of time to travel from Hong Kong Island to Kowloon Peninsula.

About twenty-five minutes later, Liu Tianci rushed to Xia Yu's office.

"Chairman, I'm sorry to keep you waiting."

"It's okay, just sit down by yourself!"

"Okay, Chairman, this is the information of the three banks you want."

Liu Tianci replied, opened the briefcase, and presented the materials that Xia Yu explained to him on the phone just now.

"Well, I'll take a look first!"

With that said, Xia Yu flipped through the information of the three banks.

The three are Chong Hing Bank, Wing Hang Bank and Malaysia Guangli Bank, all of which are old-fashioned medium-sized banks implicated in this crisis and were wholly-owned by Jiuding Bank.

Among them, Chong Hing Bank, formerly known as Liao Chong Hing Bank, was founded by the late banker Liao Baoshan in 1948. However, during the stock market crash in 1961, it was on the verge of collapse due to a run-off crisis, and more than half of the shares were acquired by British capital, but I did not expect that it would take twenty years. Later, because of the run-off crisis, the British capital retreated, and the bank was wholly-owned by Jiuding Bank.

Wing Hang Bank was founded by veteran banker Feng Jingyao in Yangcheng in 1937, and then moved to Xiangjiang after World War II. However, it fell into crisis during the stock market crash in 1973 and was purchased by the New York Irving Trust Company for half of the shares, introducing advanced banking technology. Connected with the international banking industry, there is a large business market in Southeast Asia. Last year, Wing Hang Bank demolished the old headquarters and rebuilt it into a 20-story headquarters building, which is very impressive.

It's just that this time Wing Hang Bank was dragged down by the Carrian Group and became the key target of the squeeze. Jiuding Bank seized the opportunity to buy back all the shares from the Hong Kong Branch of the New York Irving Trust Company, and then bought the shares from other shareholders. Make it a wholly-owned subsidiary of Jiuding Bank.

The last Malaysia Kwong Lee Bank, formerly known as Kwong Lee Mortgage and Remittance Company established in Kuching, Sarawak in 1905, changed its current name in 1934 and is the oldest financial institution in Malaysia. Chen Qingsong's Carrian Group seized the loan and swindled Guangli Bank with more than 500 million loans. Several branches of Guangli Bank in Xiangjiang were frantically withdrawn by Hong Kong citizens.

Although Guangli Bank has a long history, it does not have the financial support of Malaysia like Yumin Bank, which is behind Yumin Finance. Therefore, it fell into crisis and Jiuding Bank took a lot of effort to acquire it wholly.

Xia Yu knew about this bank. Historically, it will be acquired by Malaysia's business giant Malaysia United Industrial Group and renamed Malayan Bank. Later, it will be acquired by Hong Leong Group of Star City Guo's family and changed to Hong Leong Bank, becoming the first bank in Malaysia. The big four banks also have a large market in other countries in Southeast Asia.

The acquisition of Chong Hing Bank by Jiuding Bank was HK$395 million, the acquisition of Wing Hang Bank was HK$457 million, and the acquisition of Guangli Bank was HK$523 million.

If these three banks were bought a few months before they were squeezed, they would have cost at least one billion Hong Kong dollars each. Now, after the crisis, the price of cabbage has been bought.

Thinking that in order to acquire the 7.8% stake in Taikoo Group held by Qiu Deba of Star City, he had promised Qiu Deba that he would come up with a bank worth more than one billion Hong Kong dollars to replace it at an equivalent value. The bank also has to cover Hong Kong and Southeast Asia.

Xia Yu decided to use these three banks to trap the Qiu family in Xingcheng, his chosen ally.

After putting down the materials, Xia Yu instructed Liu Tianci: "Tianci, now that these three banks are in hand, you need to spend some effort to integrate these three banks into one bank."

Knowing the agreement between the chairman and Qiu Deba, Liu Tianci nodded and replied, "Okay, I'll do this when I go back."

Xia Yu smiled and shook his head and said, "You don't have to spend too much time, just let the people below do it, and don't merge too quickly, as long as it is completed before June next year."

Liu Tianci was taken aback by the chairman's strange order, but he didn't question the question, nodded obediently and said, "Okay."

Xia Yu smiled and took the initiative to explain: "The combined purchase price of the three banks is less than 1.4 billion Hong Kong dollars. Now that the contract is fulfilled, the Qiu family can obtain more than 40% of the equity, and the share is too much. There is no need for the Qiu family to sit back and enjoy the results of bargain hunting. By around June next year, the banking industry will gradually recover, and the results of the merger of the three banks can be seen. It is more cost-effective to fulfill the promise after the value has increased.

Liu Tianci was stunned, nodded with a smile and said, "Chairman, you should think more carefully. I will follow your instructions and strive to increase the efficiency and value of the three banks as much as possible before June next year."

"Um!"

"You can do it as you see fit."

Xia Yu smiled and nodded and said casually.

After that, Xia Yu instructed Liu Tianci about some acquisition considerations, and also chatted with him about the establishment of the United Stock Exchange, and asked him to return to Jiuding Bank.

ps: Let me explain to you that today I spent most of my time in the hospital during the day. Working overtime in the past two years is the norm, and I have been sitting and typing for a long time. Multiple factors have caused damage to many parts of the body, such as the heart, chest, lumbar spine, cervical spine and thighs. I have been uncomfortable for a while, so I mustered up the courage to go to the city for a comprehensive inspection tomorrow morning. It is estimated that the inspection will be completed on Friday the day after tomorrow, so I have to ask everyone for leave tomorrow, and come back on Friday to update, please forgive me, my life is important.