Chapter 550 "549" Guan Zu opens a bank? Dad is here!

The following Friday will continue to fall.

And just on Friday, Saturday and Sunday, HSBC mobilized reserve funds to prepare to start raising stocks in the new week.

Monday, Tuesday,

As the price gouging plan began, HSBC continued to buy HSBC stocks with a large amount of funds.

In addition, the Hong Kong Stock Exchange publicly stated that HSBC, as an important financial component of Hong Kong Island, is stable and the overall situation is the situation, so the margin ratio has been increased to 120%.

At the same time, HSBC also held a press conference: HSBC has strong capital and is not afraid of any short selling.

A series of heavy punches, many

Some retail investors shouted: "Look for wealth and honor in danger, HSBC will definitely do it!"

Buy them one after another.

then,

HSBC stocks rose again.

And in the securities trading market, retail investors are divided into two camps.

It's a big noise.

You despise me, I despise you.

Then start spraying,

"Are you stupid? The King of Hell posted a post, how dare you buy it?"

"What do you know? HSBC has huge financial strength and is backed by the Hong Kong Stock Exchange. So what if Guan Zu is the King of Hell?"

"That's right, there are people from HSBC everywhere. The five-star group is nothing, and the King of Hell is nothing!"

"Hehehehe...you people who drink foreign ink are superstitious about HSBC... Wait for death!"

"You don't understand the greatness of HSBC at all!"

"Shitline!"

...

...

And what about Guan Zu at this time?

Since HSBC stocks have been "borrowed" all, we can naturally enter the second stage!

Start working!

Acquisition of the bank!

He began to meet with banks.

Wednesday, 10 am,

The sun shines, warming the bustling city of Hong Kong Island in November.

Peninsula Hotel,

Guan Zu brought Chen Yongren here.

This time, he made an appointment with Boss Wu from Yonglong Bank.

Yonglong Bank is a family-owned bank. The Wu family's shares account for 70%, and the remaining 25% become circulating shares.

In 1933, the Yonglong Silver opened.

In early 1980, Yonglong Co., Ltd. was listed.

In 1987, Standard Chartered Bank withdrew, and 10% of its equity was returned to the Wu family, and it rose from 60% of its holdings to 70%.

And this year, due to poor management, the Wu family is preparing to introduce external funds to save the bank. Wing Lung Bank is currently contacting Singapore Development Bank and is preparing to sell 10% of its shares, with a valuation of about 7 billion yuan.

Now, Boss Wu, in his 50s, is the son of the first generation of Mr. Wu.

Jialin Hall, a private room.

"Mr. Wu, I have long admired him."

"Mr. Guan, I'm lucky to meet you."

"This person should be Mr. Chen Yongren, I have been admired for a long time..."

The three of them sat down,

A secretary assistant accompanied.

Then after a greeting, when Guan Zu came, he found some information from the Wu family and began to praise Boss Wu's father, Mr. Wu.

Mr. Wu’s ancestral home is in Xingtan Town, Shunde, Guangdong. He is a great philanthropist. He expressed his contribution in one sentence: the asteroid with international number 3570 is named "Wu**xing" in China.

After three rounds of wine,

Guan Zu finished the greetings and got to the point.

"Mr. Wu!"

"I heard that Wing Lung Bank is recently discussing the acquisition of Wing Lung with Singapore Development Bank..."

Boss Wu was surprised: "Yes, I didn't expect Mr. Guan to know about this."

Guan Zu smiled: "Then I will go straight to the point. I wonder if Mr. Wu has any idea to sell Yonglong Bank?"

"sell?"

Boss Wu was stunned for a moment.

Then meditate.

The current industries of the Wu family are basically concentrated in the banking industry, and then involve insurance and securities business.

This time, Guan Zu wanted to short HSBC, so he had contacted Yonglong Bank and wanted to lend HSBC's stock.

At present, the total assets of the Wu family are estimated to be about 6 billion.

What’s worse is that because the Hong Kong Island banking industry is huge, Wing Lung’s business is not very good. This is also the reason why Standard Chartered withdraws shares and Wing Lung seeks new investment shareholders.

(ps: In 2008, the Wu family sold Wing Lung Bank.)

At present, Yonglong Bank can only be said to be barely maintaining the situation, and it is difficult to grow and grow.

Boss Wu is not optimistic about Yonglong's future.

Regarding Guan Zu's acquisition offer, he couldn't help but start to measure gains and losses.

It is better to introduce Singapore capital than to introduce Five Star Group.

Boss Wu: "I don't know how many shares Mr. Guan is going to acquire?"

Guan Zu smiled and drank tea: "Of course I hope to acquire all of them..."

Boss Wu shook his head quickly: "This may not work... On the one hand, I hope to become a partner with Mr. Guan. Selling it all is not the best choice for our Wu family; on the other hand, I believe that if Mr. Guan invests in Yonglong, it will inevitably make the market value of Yonglong Bank soar rapidly. My Wu family also wants to board the big ship of the Five Star Group..."

Guan Zu, how outrageous the reputation of Five Star Group in Hong Kong Island is, Boss Wu is obvious to all.

As long as you call us, all Hong Kong citizens will save money to this bank enthusiastically.

The value of a bank must soar, and it is not a problem to increase several times!

Other banks, especially small banks, either die on the spot after losing a large amount of deposits or die in a chronic manner.

etc……

Boss Wu thought about it carefully and suddenly felt a little horrified.

Combined with Guan Zu's short selling to HSBC...

Guan Zu is going to play a big game!

The more I think about it, the more terrifying it becomes.

If Five Star Group really interferes in the banking industry, with its reputation, it will definitely kill many small banks.

He couldn't help looking at Guan Zu.

Guan Zu sat there, smiling and drinking tea, still so kind and warm, but at this moment Mr. Wu felt a little more awe in his heart.

Do you still have hope of survival if you own Yonglong Bank?

It seems that the only way for me to have Guan Zu invest in this small bank!

When Boss Wu thought of this, he hurriedly said: "Mr. Guan, I am willing to sell 60% of our Yongleung Bank to you, but I hope that our Wu family can leave 10% of the shares and keep it unchanged!"

Guan Zu: "How many circulating shares are in the market?"

Boss Wu: "The outstanding shares account for 25%. Our Wu family accounts for 70%, and the remaining 5%, is held by the other four Chinese banks."

"In the beginning, in order to save the cost of laying cash storage teller machine networks, five Chinese banks joined forces to hold shares with each other to form a company, and agreed that five Chinese banks would share the ATM network. This company owns 5% of the shares."

When Guan Zu heard this, he took it seriously.
To be continued...