Reborn Xiangjiang Tycoon Growth
Chapter 1266 Xiangjiang UnionPay 3
At this time, Feng Yaojing was deep in thought, and Mr. Dong did not disturb him. After all, he was a serious businessman, not a member of the society, and there was no forced buying or selling. Even if he wanted to acquire the other party's business, the Feng family would have to be willing to do so. I guess the old boy is.
It does take a process to weigh the pros and cons and let people give up the business they created.
At this time, Feng Yaojing was feeling very tormented. On the one hand, he knew very well that the Feng family would not be able to keep Wing Hang Bank, a company he founded. On the other hand, he was unwilling to accept that the bank he had worked so hard for 40 years would just be sold to others. In fact, it was still difficult for him.
One thing is very important. You know your physical condition. You may leave at any time. You are really not sure whether your descendants can run a good bank.
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. Now it seems that the rumors may be true. When he first came in, he was still very energetic, less than half
When he was young, he was actually a little sluggish. Yes, at this age, people still have a few days to live. However, he did not 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 there is even some premium content. It is fun to cooperate with such a tycoon-level figure, 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 have risen 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 the branch, most of the properties belong to them. In fact, they are worried that customers will not trust them, and they will not be able to escape. Now that the entire property is owned by the bank itself, what else is there to worry about?
.This makes banks develop slowly. Buying real estate and renting are completely different concepts.
In fact, before coming here, the situation of Wing Hang Bank has been basically investigated, otherwise no one would bid randomly. If you pay too much, you will suffer a loss, and if you give less, it is too insincere. It is indeed a fact that the price of real estate in Xiangjiang has increased, but the price given
It is 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 don't run a bank. But I don't know if you have ever thought about it. The price of a single property is worth up to HK$500 million. If you have HK$2.3 billion in hand, you can definitely buy it.
More properties. Then the rent collection alone will be a considerable amount of income every month.”
This indeed reflects the pain of the Feng family. Apart from running the bank, there really is no other business. However, at this time, there are no family descendants to care about. The children and grandchildren will have their own blessings, and I can only take care of it for a few days.
Feng Yaojing said with a smile: "Sheng Dong 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 Wing Hang didn’t have a single non-performing loan. How could it be possible? You must know that the Feng family has been setting up a bank for nearly 40 years. With this kind of vision,
It has long been different from the current situation. 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 must not joke at all 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 currently 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 holding on by force. 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 the best policy is to settle for safety. I don't want to
Continuing to toss."
No wonder Shark Dantong made such a big fuss. It turned out that he had accepted all the non-performing loans in Xiangjiang. Even if he had money, he might not be able to handle it. Only by knocking down all the small and medium-sized banks in Xiangjiang could he obtain more customer resources.
.Otherwise, it will 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
There is no way the Zheng family could not discover such a big loophole."
No one would believe it, it is 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 beat him 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
.”
Let yourself find someone to verify, which shows that the credibility of the matter is still very high. And as the richest man, it is impossible to give false testimony to others!
Young Master Dong didn't waste any time, he picked up the phone and called Bao Zixuan directly. The friendship between the two families lies wherever they are, so there is no need to pay attention to the time.
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."
Hearing that the other party suddenly raised the price to 3 billion Hong Kong dollars, Feng Yaojing knew that it was impossible for any family to bid higher than this. Wing Hang Bank was losing a lot of cash every day. It can be said that the longer it is delayed, the less valuable it is. What if in the middle,
There is something wrong with his body; the descendants of the Feng family are involved in a dispute over property, and may not get anything in the end.
Moreover, the other party made a phone call to Bao Zongfu in front of him, indicating their relationship; and that Heiyun Group will never participate in the acquisition of Wing Hang Bank. The most promising potential buyer is no longer available; and the other party's offer is very sincere.
There is no reason to refuse.
Feng Yaojing: "According to what Mr. Dong said, if we only get 3 billion Hong Kong dollars, we can send someone 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 seems that the reputation of Mr. Bao cannot 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; it was quite different from the previously agreed price. No matter how rich they were, they did not want to be taken advantage of.
Young Master 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. Shark Dantong was so confident that he signed the contract without thorough investigation."
"Not only does the Southeast Asia branch not belong to him, but he also has to bear the non-performing loans of the entire Hong Kong, which definitely exceeds tens of billions. 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 they 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."
Hearing this, the two people immediately understood what it meant. The participation of the Huo family was enough to explain the problem. If they want to get the right to operate a bank in the mainland, Mr. Huo must take action.
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