Reinventing the Millennium

After meeting the two leaders of the completion bank one after another, Fang Zhuo had a vague outline of how to handle the matter.

When it comes to the most important thing in the universe, you must put things first and make the work of your own hands beautiful.

Because, ICBC's pre-IPO shares are indeed a big piece of fat.

In this case, only by clarifying the dominance of the funds that one can raise can the risks that the two are worried about be truly reduced.

Otherwise, there is no difference between an uncontrollable Deutsche Bank and Goldman Sachs.

Fang Zhuo doesn't think he can exert much influence on Deutsche Bank. Similarly, he doesn't think Zhang Hongli, who has only been working for Deutsche Bank from Goldman Sachs for four years, has much decision-making power at this level.

Once this is done according to Zhang Hongli's design, suppose that one day in the future, Deutsche Bank will sell ICBC shares due to financial reasons...

Even according to the urinary behavior of these foreign investors, it is not impossible to sell first and then go short.

Then, ICBC would be embarrassed, he would be embarrassed, and Zhang Hongli might not be able to cope with it either. After all, he was born in a compound.

However, with the support of the two leaders and even the people behind them, doing things purely in the name of MIGA Fund can be put on the table, but the background is still slightly insufficient.

If you can control funds and have the embellishment of a well-known financial institution, then no one can really criticize it.

On the one hand, Fang Zhuo considered Deutsche Bank's financial and nominal support, and on the other hand, he also considered the long-standing partners of the MIGA fund in the United States.

MIGA Fund is very famous in the Chinese community on the east coast of the United States. At first, it radiated influence from New York as the center. Later, with several quite good operating profits, it gradually absorbed Chinese funds from cities such as Miami, Seattle, and Los Angeles.

And its operation to break through the circle also lies in the publicity after the Rockets were acquired.

In this regard, the head of the fund Kong Yu once said with regret that it would have been better if the owner had purchased a team in New York or Los Angeles, which would inevitably bring greater fame and a steady stream of funds.

As of now, the size of client funds managed by the fund department is approximately US$4.6 billion, and its main investment strategies are real estate, Asian and emerging market stocks, high-interest bonds, convertible securities and subordinated debt.

For example, in subprime debt, there are Washington Mutual Bank and U.S. Bank, which have quite good cooperative relationships. These are the institutions that Fang Zhuo is considering to bring together.

Washington Mutual's internationalization level is not high, but U.S. Bank is the fifth largest commercial bank there. Although it is not as famous as Goldman Sachs, it is still very popular.

The funds managed by MIGA funds belong to the clients, and what they earn after becoming formal is the distribution of management fees and excess returns.

According to ICBC's intention, it hopes to replace the share of Germany's Allianz Group, which is 2.5% of the shares for US$1 billion.

Fang Zhuo's initial consideration was to deliver part of the proceeds from the MIGA fund in advance, plus fund-raising for new products, and then enlist three foreign banks as backers to allocate sufficient funds.

When a bank like ICBC goes public, you can still make money by investing with your eyes closed.

Similarly, in this wave of capital market-oriented operations of many domestic banks, including it, foreign investors with money and qualifications are rushing in without hesitation.

For Deutsche Bank, U.S. Bank, and mutual banks, they will not be unwilling to participate, but they will only find too little, not too much.

Fang Zhuo planned to scrape together the money from the fund first, and then find other parties to make up the rest.

As President Wu said, if you successfully take a bite this time, you can also count as receiving disguised financial support from the state. If you really want to get a loan, how much money can you get?

After intensive contact with Kong Yu, Fang Zhuo wrote down the proposed framework and reviewed the information he had learned. Before he could think about it, an unfamiliar number made his phone vibrate.

"Hello. Who is this?"

Fang Zhuo has become somewhat accustomed to personal numbers being less personal.

"Mr. Fang, this is Huang Xiuhong." The caller was none other than Huang Xiuhong of the Huang family whom she had met in Wu Qian's office this morning. Her attitude was very kind and she could not hear the discomfort after meeting Fang Heizi during the day. "I don't know, Mr. Fang." When did I come to Beijing? There were a lot of misunderstandings between Gome and Tesco."

She paused and continued: "As the current person in charge of Gome, I apologize and hope that both parties can resolve the misunderstanding. Gome is the largest home appliance chain company, and Tesco is an emerging online B2C company. There is a space for cooperation, I wonder if it is not convenient for Mr. Fang to meet and chat?”

Huang Xiuhong returned from Fuxingmennei Street today and urgently asked her lawyer to contact her brother and talk about what ICBC had seen.

According to my brother, Gome's loan from ICBC is not huge, and the company's fundamentals are still solid, so there is no need to be afraid of the trouble this aspect will bring.

However, Huang Xiuhong thought about it again and again, and still believed that she had to show weakness when it was time to show weakness, and she could no longer be as domineering and careless as her brother.

Although Gome's market share is still very stable, it is the biggest factor in measuring value in the capital market. However, if it can be less troublesome, why bother with that Fang Heizi?

So, she found Mr. Fang's number and made the call with great sincerity.

"It's inconvenient." Fang Zhuo said concisely.

Huang Xiuhong was confused all of a sudden. Mr. Fang, Fang Heizi, isn't this a little impolite?

"It's just normal business competition, everyone depends on their abilities." Fang Zhuo said again and hung up the phone.

Just kidding, in order to compete with Gome and in order for Tesco to use this opportunity to accelerate its development, there are so many methods in front and back. Today you just say it is over, and all the energy is not in vain.

Gome, don't call me again, I'm afraid Suning will misunderstand.

Besides, they already have deep dissatisfaction with each other. If we have this time to make fun of each other, we might as well find some connections to see Dahuang. It will always be fun.

Fang Zhuo played with his cell phone. Because of such a call, he suddenly thought of the Puma case, so he called the Anliang Chamber of Commerce and asked them to help pay attention to Liu Wuyi, the controller of Pulsmat's escape.

This name sounds like a fake name. Although I don't know if I can find him, I have good thoughts and it can be regarded as a good deed every day.

Speaking of which, it arose due to Rhubarb's competition with the United States, wrapped in the Pursmat case, and finally got on the line with the head of ICBC for joint-stock reform. The result of this trend was really beyond Fang Zhuo's expectation.

Looking at it this way, if the cooperation with ICBC is really successful, then we really have to thank Mr. Dahuang.

Farewell to Shencheng, I haven't seen each other for a long time.

Fang Zhuo was fascinated, wondering if Tesco's competition, policy promotion, bank changes and other various actions could shake a figure like Mr. Dahuang a little bit.