Reborn in Hong Kong: The Tycoon Grows Up

Judging from the current situation, Black Cloud Bank and HSBC are obviously interested in Far East Bank. Qiu Degen has been in business for so many years and started engaging in banking business in the 1950s. Of course, we know what HSBC and Heiyun need. The first-generation outlets and licenses in Southeast Asia are very attractive to the two companies.

However, Far East Bank currently has limited assets and scale, and it will have to bear a series of problems such as bad debts, bad debts, bad debts, etc. after acquisition, so the price given will not be too high. Coupled with the fact that it is now facing a squeeze, the price of the brand is almost negligible.

However, Shardantong’s offer of HK$200 million was not very kind. After all, bank branches and office locations are all self-owned properties, and the real estate alone is expensive.

Qiu Degen: "I'm not afraid of Zheng Sheng's jokes. Far East Bank really doesn't have to worry about selling. As you know, since I experienced the real estate crisis in the 1970s, I have been cautious and dare not take too big steps. Although there has been no development like other families in Xiangjiang in so many years It’s fast, but the foundation is still very solid.”

"The most valuable thing about Far East Bank is not its business in Hong Kong, let alone the few pieces of land in Hong Kong. Black Cloud Bank and HSBC may be more interested in first-generation business in Southeast Asia."

Qiu Degen is a very stable person in business, which is no secret in Xiangjiang. Otherwise, it wouldn’t have been so many years without much development. Although stability means slow development, the foundation is still very solid. Even if there is a problem with Far East Bank, the Qiu family will still have other industries that can support it.

HSBC previously focused more on European and American business and did not attach much importance to the establishment of first-generation branches in Southeast Asia. After all, the business in Europe and the United States is already sufficient, and the relationship between the Southeast Asian generation is complicated. HSBC really looked down upon it before. As for Black Cloud Bank, it has only been established for a short period of time. It is still in the process of rapid expansion; it is necessary to distinguish between hosting, so it does not take care of the business of the Southeast Asian generation.

The competition between HSBC and Heiyun is so fierce now that whoever has more branches can attract more customers. Both Shen Bi and Bao Zixuan knew this truth clearly. Therefore, such a good opportunity will never be missed, and there will definitely be a competition between the two sides.

Knowing that Far East Bank could not be saved, Qiu Degen definitely wanted to maximize profits. It's not just the bank's selling price, but also who you make friends with, which is more beneficial to the Qiu family. After all, after selling the bank, the Qiu family still has other industries to develop, and the Qiu family also needs to live.

HSBC and Heiyun are stronger than the Zheng family in every aspect; there is no doubt about this. Therefore, if you want Qiu Degen to agree to sell Far East Bank to the Zheng family, you can only increase the price. There is nothing else to do but this.

Zheng Yutong, who wanted to understand, smiled and said: "I don't know how much money Mr. Qiu wants. My friend, I will definitely satisfy you in terms of price."

At this time, spending more money to appease Qiu Degen is the wisest choice.

The other party had information about the Zheng family's past at Asia Television. Even though Bao Yugang knew about it, he couldn't do anything to him. But the Hong Kong tycoons will definitely have other ideas. At least it will be very difficult for the Zheng family to make friends.

As for spending an extra 100 million or 200 million yuan, Shardantong really didn't care that much at this time. With the steady economic development of Hong Kong, although the real estate business has been affected to a certain extent. But the jewelry industry makes a lot of money. More importantly, rare earth minerals can generate huge profits every year, and currently there is no pressure on funds.

As long as Zheng Yutong understands, he also hopes to sell the bank to a layman. Price is one thing. After all, the other party does not have a professional team. It is not that easy to find out the details of Far East Bank. Moreover, Zheng Yutong had screwed the Qiu family very badly this time, and he could definitely use this opportunity to take revenge.

Qiu Degen: "1 billion Hong Kong dollars, otherwise the Qiu family would rather sell the bank to Heiyun Group or HSBC Bank."

Zheng Yutong also found someone to evaluate before, and Far East Bank was worth about HK$500-700 million. Now the other party directly offered a price of 1 billion, making it clear that he was being taken advantage of. You must know that it is definitely not worth 500 million now, after all, it is facing a run at the moment; and the major banks in Hong Kong no longer accept money orders and checks issued by Far East Bank.

For a bank without credibility, the brand must not be priced at a premium; this is an industry rule.

Although there is money, money does not come from strong winds.

Zheng Yutong: "Thankfully, I still regard Mr. Qiu as my friend. This offer is really insincere."

"In a week, although this offer is a bit far-fetched, it still makes sense. But at this moment, I cannot accept it."

"I think neither Bao Zixuan nor Shen Bi will accept this price."

When doing business, asking prices all over the place, and paying back the money while sitting on the floor; these are all normal things. However, this price is indeed a bit harsh, and Qiu Degen knows that Zheng Yutong will definitely not agree to it. But he also has his own ideas and believes that the other party will consider it carefully.

Qiu Degen: "One billion Hong Kong dollars is not only the bank price, but also the price of this video tape. In fact, this video tape has no meaning to the Qiu family, but after all, it is related to the cooperation between Zheng Sheng and the chartering king matters."

"It's not a gentleman to stab someone in the back."

Zheng Yutong: "600 million Hong Kong dollars, this is my greatest sincerity. If possible, I will send someone over tomorrow to check the accounts."

When there were no bank runs before, banks could only buy up to HK$600 million; it can be said that Shardantong was still very sincere.

Qiu Degen: "Then it's settled, but we must initial an agreement, otherwise I won't trust; and Zheng Sheng must pay half of the deposit. I only accept cashier's checks or cashier's checks from HSBC, Black Cloud Bank or Swiss Bank. Cheque."

After speaking, he took out the contract directly. It seemed that this guy was well prepared. And he doesn't even trust his own bank check. It seems that this guy has no confidence in the Far East.

Zheng Yutong did not hesitate. After reading the contract, he signed it and attached a check for HKD 300 million from HSBC.

Seeing Zheng Yutong so cheerful, Qiu Degen did not hesitate. He said directly: "You can come and hand over tomorrow morning. I'll be waiting for Zheng Sheng at the bank."

What Zheng Yutong didn't know at this time was that the contract date was written as tomorrow, which meant that the contract would not be legally effective until tomorrow.

But there is still a lot of time tonight, and a lot of things can be done; it depends on what Qiu Degen does.

Back when Qiu Degen had just left home, Yuan Tianfan suddenly found him.

Sha Dantong had caused so much trouble for him in Xiangjiang, and Bao Zixuan wanted revenge no matter how good-tempered he was. Therefore, in the Zheng family, there are people who report various information to Heiyun at any time. Knowing that Zheng Yutong also wanted to buy Far East Bank, Bao Zixuan immediately thought of a way to deal with it.

They are both well-known figures in the banking industry, and Qiu Degen is very familiar with Yuan Tianfan.

Yuan Tianfan smiled and said: "Heiyun Bank has no choice but to do this. Please forgive me, Mr. Qiu."

The Qiu family would definitely have some opinions on the first bank that did not recognize Far East Bank's drafts and checks. But since they are reporting on the richest man’s privacy, it is reasonable for him to retaliate. It's all business, so I can't blame others.

Qiu Degen said with a smile: "President Yuan is joking, I am not that stingy. But you will not come to me for no reason, so if you have anything, please tell me directly."

The other party didn't know that the conversation between Sha Dantong and his son had been monitored. And Yuan Tianfan will not say this. If he is exposed, the people and wealthy people in Xiangjiang will also feel panic. The British side will not sit idly by, after all, it is illegal to monitor other people's conversations. In the eyes of Europeans and Americans, personal privacy is very important, and no one dares to risk the world's disapproval.

Yuan Tianfan said with a smile: "Who gave the video of the conversation between the boss and the chartering king to the son? I don't need to remind you. Zheng Yutong's intention is very obvious. He gave the video to the Qiu family; he is going to attack the Far East Bank. You should understand."

"And judging from the current situation, it is almost impossible for the Qiu family to keep Far East Bank. So why not maximize their interests and take the opportunity to retaliate."

Yuan Tianfan is definitely not so kind, and he also has a strong purpose. However, Qiu Degen is still very interested in maximizing his interests and being able to take revenge on Shard Tong. Why the Qiu family is like this can be said to be all thanks to Shark Tongtong.

Qiu Degen said with a smile: "It seems that President Yuan already has a plan. As long as it is beneficial to the Qiu family, I have no reason to disagree."

Although he didn't have much contact with Bao Zixuan, he was very upright in his business. The money is earned openly, and there should be no stabbing in the back. Just like this time, they did not recognize Far East Bank's drafts and checks in the first place, and even issued an announcement in advance; it was so aboveboard that no one could find anything wrong with it. Moreover, there was no direct conflict of interest between the two parties before; coupled with the current situation of the Qiu family, they can only choose to imagine the other party.