Chapter 1244 Bank Expansion Opportunity Four
Judging from the current situation, Heiyun Bank and HSBC are obviously interested in Far East Bank. Qiu Degen has been in business for so many years, and he began to engage in banking business in the 1950s. Of course, I know what HSBC and Heiyun need. The outlets and licenses of the Southeast Asian generation are very attractive to the two.
But at present, Far East Bank’s assets and scale are limited, and the acquisition has to bear a series of problems such as bad debts, dead debts, and bad debts, so the price given will not be too high. In addition, it is now facing a run, so the price of the brand is almost negligible.
However, the offer of 200 million Hong Kong dollars by Shadantong is really not very kind. After all, bank branches and office locations are self-owned properties, and real estate alone is expensive.
Qiu Degen: “Don’t be afraid of Zheng Sheng’s jokes, Far East Bank is really not worried about selling. You know me, since the real estate crisis in the 1970s, I have been cautious and dare not take my steps too far. Although there have been no other families in Xiangjiang for 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 land in Hong Kong. Heiyun Bank and HSBC may be more interested in the Southeast Asian generation business.”
Qiu Degen’s business is very stable, which is no secret in Xiangjiang. Otherwise, it will not be so many years, and there will not be much development. Stability means that the development speed is slow, but at the same time the foundation is still very strong. Even if there is a problem with Far East Bank, the Qiu family still has other industries to support.
HSBC paid more attention to European and American business before, and did not pay much attention to the establishment of first-generation branches in Southeast Asia. After all, European and American business is completely enough, and the relationship between the Southeast Asian generation is intricate, and HSBC really didn’t like it before. As for Heiyun Bank, its establishment time is still short. It is still in the process of rapid expansion; it must be distinguished from the host, so it does not care about the business of the Southeast Asian generation.
Now that HSBC and Heiyun are competing so fiercely, whoever has more outlets can attract more customers. This truth is clear to both Shen Bi and Bao Zixuan. 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 keep it, Qiu Degen definitely wanted to maximize the benefits. This is not only the selling price of the bank, but also who to make friends with, which is more beneficial to the Qiu family. After all, after selling the bank, the Qiu family has other industries to develop, and the Qiu family also has to live.
HSBC and Heiyun are stronger than the Zheng family in any respect; 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 no other way but this.
Zheng Yutong, who wanted to understand, said with a smile: “I don’t know how much Qiu Sheng wants. You and my friend, the price will definitely satisfy you.”
At this time, it is the wisest choice to spend more money to appease Qiu Degen.
The other party holds the handle of the Zheng family’s past Asian TV station. Although Bao Yugang knows it, he can’t do anything to him. But the Hong Kong tycoons will definitely have other ideas. At least the Zheng family wants to make friends, it will be very difficult.
As for spending an extra 100 million or 200 million yuan, at this time, Shaqiantong really doesn’t care that much. With the steady development of Hong Kong’s economy, 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 receive huge profits every year, and there is still no pressure on funds.
Now that Zheng Yutong understands, he also hopes to sell the bank to a layman. Price is one aspect. After all, the other party does not have a professional team. It is not so easy to find out the details of Far East Bank. Moreover, Zheng Yutong pitted Qiu Jia miserably this time, so he could take 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.”
Zheng Yutong also asked someone to evaluate it before, and the Far East Bank was probably worth 500-700 million Hong Kong dollars. Now the other party is directly asking for 1 billion, making it clear that he is taking advantage of him. 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 have not accepted the drafts and checks issued by the Far East Bank.
For an unreputable bank, the brand must not charge a premium; this is an industry rule.
Although there is money, the money is not brought by the wind.
Zheng Yutong: “I have been taking Qiu Sheng as a friend. This offer is really insincere.”
“In a week, although this offer is a bit far-fetched, it still makes some sense. But at this moment, I can’t accept it.”
“I think neither Bao Zixuan nor Shen Bi will accept this price.”
Doing business, asking prices all over the sky, and paying back money on the ground; these are all normal things. However, this price is indeed a bit harsh. Qiu Degen knows that Zheng Yutong will definitely not agree. But he also has his own ideas, and I believe the other party will consider it carefully.
Qiu Degen: “1 billion Hong Kong dollars is not only the price of the bank, but also the price of this videotape. In fact, this videotape has no meaning to the Qiu family, but after all, it is related to the cooperation between Zheng Sheng and the charter king. matter.”
“It’s not a gentleman’s style to stab a knife in the back.”
Zheng Yutong: “600 million Hong Kong dollars, this is my greatest sincerity. If I can, I will ask someone to check the accounts tomorrow.”
When there was no run on the bank before, the bank could buy up to 600 million Hong Kong dollars; it can be said that Shadantong is still very sincere.
Qiu Degen: “Then it’s settled, but we have to sign an agreement between us, otherwise I’m not at ease; and Zheng Sheng has to pay half of the deposit. I only accept promissory notes from HSBC, Heiyun Bank or Swiss Bank or Cheque.”
After speaking, he directly took out the contract, it seems that this kid came prepared. And he doesn’t even believe his own bank check, it seems that this kid has no confidence in the Far East either.
Zheng Yutong did not hesitate. After reading the contract, he signed it and attached a 300 million Hong Kong dollar cheque from HSBC.
Seeing Zheng Yutong so cheerful, Qiu Degen didn’t hesitate. He said directly: “Tomorrow morning, you can come over to hand over. I am waiting for Zheng Sheng at the bank.”
What Zheng Yutong didn’t know at this time was that the contract date was written tomorrow, which meant that the contract would not be able to exert its legal benefits until tomorrow.
But there is still a lot of time to do tonight, and I can do a lot of things; it just depends on what Qiu Degen does.
Time returned to when Qiu Degen had just left the house, Yuan Tianfan suddenly found him.
Shaqiantong has caused so much trouble for himself in Xiangjiang. No matter how good-tempered Bao Zixuan is, he still has to take revenge. Therefore, in the Zheng family, there are people reporting all kinds of 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.
Both are well-known figures in the banking industry, Qiu Degen and Yuan Tianfan are very familiar.
Yuan Tianfan said with a smile: “Black Cloud Bank is also a last resort. I also ask Qiu Sheng to forgive me.”
The Qiu family will definitely have an opinion on the first bank that does not recognize Far East Bank drafts and checks. But it is they who reported the privacy of the richest man, and it is reasonable for others to retaliate. It’s all business, and I can’t blame others. UU reading www.uukanshu.com
Qiu Degen said with a smile: “President Yuan is joking, but he is not so stingy. But your Excellency will not come to me for no reason, so if you have anything, please tell me directly.”
The other party didn’t know that Shaqiantong’s conversation with his son had been monitored. And Yuan Tianfan won’t say these, if it is exposed, the people of Hong Kong and the rich will also 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.
Yuan Tianfan said with a smile: “Who gave the video of the boss’s conversation with the chartering king to Ling Lang? I don’t need to remind him. Zheng Yutong’s meaning is obvious, hand over this video to the Qiu family; You should understand.”
“And from the current situation, it is almost impossible for the Qiu family to keep the Far East Bank. Then why not maximize the benefits and take the opportunity to take revenge.”
Yuan Tianfan will never be so kind, and he has a strong purpose. But Qiu Degen is still very interested in maximizing the benefits and being able to retaliate against the sharks. Why is the Qiu family like this now, it can be said that it is all thanks to the shark guts.
Qiu Degen said with a smile: “It seems that President Yuan should already have a plan. As long as it is beneficial to the Qiu family, there is no reason to disagree.”
Although I don’t have much contact with Bao Zixuan, this person is very honest in business. Money is earned on the bright side, and there should be no stab in the back. For example, this time, the Far East Bank’s drafts and checks were not recognized first, and an announcement was issued in advance; Moreover, there was no direct conflict of interest between the two parties before; coupled with the current situation of the Qiu family, they could only choose to imagine each other.