Reborn in Hong Kong: The Tycoon Grows Up

Chapter 1253 Xiangjiang UnionPay 3

At this time, Feng Yaojing was deep in thought, and Master Dong did not disturb him. After all, he is a serious businessman, not a corporate member, and there is no forced buying or selling behavior. Even if they want to acquire the other party's company, the Feng family must be willing to do so. It is estimated that the old boy is weighing the pros and cons, and it does take a process for people to give up the business they founded.

At this time, Feng Yaojing was feeling very tormented; at the same time, he knew very well that the Feng family would definitely not be able to save Wing Hang Bank, a company he founded. On the one hand, he is unwilling to give in. The bank that we had worked so hard for 40 years was sold to others. In fact, it is also very important to know your physical condition. He may leave at any time, and I am really not sure whether his descendants can run the bank well.

While you are still here, you may be able to sell it at a good price; otherwise, it will easily fall into your hands.

Feng Yaojing: “I don’t know how much Dong Sheng is willing to pay to acquire Wing Hang Bank.”

Hearing that the other party actually asked him to bid, Mr. Dong knew that he was obviously moved. I heard that Feng Yaojing was not in good health, and now it seems that the rumors may be true. When I first came in, I was quite energetic, but within half an hour, I felt a little sluggish. Also, when a person reaches this age, he still has a few days left to live. However, he didn't want to take advantage of others' danger. There were many competitors on one side, and more importantly, there was no need to waste time.

Young Master Dong said directly: "Wing Hang Bank currently has a head office and 33 branches. The entire package price is HK$2.3 billion. I don't know how Feng's business will go."

It can be said that this quotation is definitely not low, and even has some premium elements. It is a pleasure to work with such a tycoon-level person, and there is no fuss. But if you can sell more money, no one wants to get less!

Feng Yaojing: "It stands to reason that the price given by Mr. Dong is not low, but you must know that all the properties of Wing Hang Bank are self-owned and do not rent a shop. I think you should understand what it means, although the real estate market is not so hot now , who can say for sure in the future. As far as I know, after China and the UK reached an agreement on the Hong Kong issue, housing prices rose a lot."

“If it were just a bank, there would be absolutely no problem with this price. But with so many properties, it’s really hard to part with them.”

The family that opened the bank in Xiangjiang is relatively conservative, so whether it is the head office or a branch, most of the properties belong to them. In fact, I am also worried that customers will not trust me, and I will not be able to go to the temple if I get drunk. Now that the entire property is owned by the bank, there is nothing to worry about. This makes the development of banks slow, and buying real estate and renting are completely different concepts.

In fact, before coming here, the situation of Wing Hang Bank had been basically investigated, otherwise no one would make random bids. If you give too much, you will suffer a loss; if you give too little, it is too insincere. It is true that real estate prices in Xiangjiang are rising, but the prices given are already very high and there is almost no room for growth. After all, it is not a matter of my own family. Although it is authorized by the Huo family and the Hu family, it cannot be too outrageous.

Mr. Dong: "Mr. Dong is indeed right, but don't most banks in Hong Kong operate this way? Although Wing Hang Bank has more branches, it also offers the highest price."

"Perhaps Mr. Dong will say that as long as there are so many properties, there is a lot of business to be done even if you are not a bank. But I don't know if you have ever thought about it. The price of a property alone is worth up to 500 million Hong Kong dollars. With 2.3 billion Hong Kong dollars in hand, you can definitely buy it. More properties. Then the rent collection alone will be a considerable amount of income every month.”

This really speaks to the pain of the Feng family. Apart from running the bank, they really have no other business. But at this time, I can't care about the family's descendants. Children and grandchildren will have their own blessings, and I can only take care of them for a few days.

Feng Yaojing said with a smile: "Dong Sheng may not know that Yongheng Bank does not have a single bad loan; if you don't believe it, you can check the account. If this is the case, I don't know what your quotation is!"

Previously, I considered using HK$2.3 billion to acquire Wing Hang Bank because I wanted to take on some of the non-performing loans. I didn't expect that Yongheng didn't have a single bad loan, how could it be possible? It must be known that the Feng family has opened a bank for nearly 40 years. With this kind of vision, he would no longer be in his current state. Even if Feng Yaojing is shrewd, he will inevitably encounter natural and man-made disasters.

Mr. Dong said very seriously: "Feng Sheng, we are not three-year-old children. We can't take any jokes in the business world."

No one would believe that a bank that has been in business for many years could not have a single bad loan.

Feng Yaojing: "I am already on my deathbed, how could I make such a joke at this time? Just the day before Zheng Yutong acquired Far East Bank, the Qiu family came to us. We used loan exchange to exchange all non-performing loans from various banks in Hong Kong. .”

"That is to say, most of the non-performing loans in Xiangjiang are now in Zheng's Bank. Otherwise, rare earth minerals are so profitable, and charter kings are not short of money at all, how could they issue rare earth bonds."

"The fundamental reason is to squeeze the living space of small and medium-sized banks and obtain cash. Shark Dantong's life is not easy, and he is trying to hold on. However, the other party was able to convince the charter king and join forces with Shen Bi to make us almost I never expected it.”

"It's like this now, and we are helpless. In the face of strong strength, all resistance becomes meaningless. Maybe I wouldn't be willing to accept it if I were 10 years younger. But now it is the best policy to settle down. I don't want to Continuing to toss."

No wonder Shark Dantong made such a big fuss. It turned out that he had accepted non-performing loans from all over Hong Kong. Even if you have money, you may not be able to afford it. Only by defeating all small and medium-sized banks in Xiangjiang can he obtain more customer resources. Otherwise, it would be difficult for the bank to operate normally, let alone develop and grow.

Mr. Dong: "Shark is brave but not stupid. How could he not investigate clearly? Although I have not been engaged in the financial industry before, I also know that the number of non-performing loans in Hong Kong is definitely not a small amount; it may exceed 10 billion Hong Kong dollars. For It’s impossible for the Zheng family to miss such a big loophole.”

No one would believe it, it was really unbelievable. Moreover, Shark Dantong is an extremely shrewd master, how could he make such a stupid mistake.

Feng Yaojing: "For the sake of what has been said, it is Dong Sheng's own business to believe it or not. The Qiu family will admit it if they are beaten to death. Maybe you can ask Bao Zixuan of Heiyun Group. Heiyun Bank has also participated in the loan exchange, so he should know very well .”

Ask yourself to find someone to verify it, which shows that the credibility of the matter is still very high. And with Bao's status as the richest man, it is impossible to give false testimony to others!

Mr. Dong didn't waste any time and directly picked up the phone and called Bao Zixuan. It doesn't matter where the friendship between the two families is, it doesn't matter when.

After getting a positive answer from the other party, I finally felt relieved.

Mr. Dong did not talk nonsense and said directly: "3 billion Hong Kong dollars. I don't know if Feng Sheng is satisfied with this offer."

When he heard that the other party had suddenly raised the price to HK$3 billion, Feng Yaojing knew that no family could bid higher than this. Wing Hang Bank is losing a lot of cash every day. It can be said that the longer it is delayed, the less valuable it is. What if something goes wrong with his body in the meantime? The descendants of the Feng family may get into trouble over property, and they may get nothing in the end.

Moreover, the other party called Mr. Bao in front of him, indicating their relationship; and that Heiyun Group would never participate in the acquisition of Wing Hang Bank. The most promising potential buyer is no longer there; the other party’s offer is very sincere and there is no reason to reject it.

Feng Yaojing: "According to what Mr. Dong said, we only need 3 billion Hong Kong dollars. We can send people over tomorrow to check the accounts. There will definitely be no accounting problems at Wing Hang Bank. I can guarantee this."

I didn't expect that a phone call could be so powerful. It seemed that the reputation of the richest man Bao really shouldn't be underestimated.

After initialing an agreement, Mr. Dong came to the Huo family as agreed.

At this time, Hu Yingxiang and Huo Yingdong were already waiting for him. Hu Yingxiang said with a smile: "It seems that Dong Sheng has completed the task. Let's celebrate."

Knowing that the two of them were waiting for his answer, Mr. Dong said directly: "I have reached an agreement with Feng Yaojing to acquire all the shares of Wing Hang Bank at a price of 30 Hong Kong dollars."

The price of 3 billion Hong Kong dollars made the two of them very confused; this was quite different from the previously agreed price. No matter how rich you are, you don't want to be taken advantage of.

Mr. Dong knew what the two people were confused about, so he continued: "Wong Hang Bank is actually not just Wing Hang Bank; the non-performing loans of all banks in Xiangjiang were basically exchanged by the Qiu family to Far East Bank!"

"On the night before Zheng Yutong acquired Far East Bank, the Qiu family split up and exchanged high-quality loans from Far East Bank for non-performing loans from other banks. Sha Dantong was so confident that he signed the contract without thorough investigation."

"Not only does the Southeast Asia branch not belong to him, he is also responsible for the entire Xiangjiang's non-performing loans, which definitely exceed 10 billion. This is the reason why he issued rare earth bonds; if he doesn't make some noise, Zheng's Bank may not be able to survive at this time. Go down."

After hearing this, the two people immediately understood what it meant. If you don't have to bear bad loans, there is no problem in spending several hundred million more.

Huo Yingdong: "Since both sides have achieved satisfactory results, we will start taking action tomorrow. I am going to go to the mainland and ask the boss to cooperate with you two."

After hearing this, the two people immediately understood what it meant. The participation of the Huo family is enough to explain the problem. If you want to get the right to operate a bank in mainland China, Mr. Huo must take action.

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