LATEST UPDATES

Rebirth capital madman - Chapter 459

Published at 17th of March 2022 07:24:28 PM


Chapter 459

If audio player doesn't work, press Stop then Play button again




In terms of speed, Gao Xian's action of urging Gaoyi finance to upgrade to Gaoyi bank can be called Xiangjiang Chinese capital first. Even if the consortium of foreign banks is included, it is also among the best.

In contrast, Xiangji finance, which developed at the same time as Gaoyi finance, seems to be behind.

In fact, it is not. In the circle of Xiangjiang merchant bank, it is more popular to say that in the field of investment banking, in addition to Gaoxian, Ma Jingxi is still the best developed representative of Xiangjiang Chinese capital.

Taking advantage of the wind of corporate mergers that arose in 1976, Ma Jingxi has gone back to the backdoor listing of Xiangji securities, and Xiangji finance is in this system.

In short, financial companies are not as big as banks. Especially after the Hong Kong government issued the deposit Company Ordinance, the supervision has been strengthened. For example, in order to avoid deposit companies and banks competing for social public deposits, deposit companies such as Gaoyi finance and Xiangji finance are limited by the deposit Company Ordinance to not accept public deposits of less than 50000 yuan.

But then again, the supervision of financial companies is still far lower than that of banks. This mode of operation has its own mysteries that are difficult to replace, and Ma Jingxi also adheres to the steady style of old-fashioned businessmen and operates step by step.

As for Gao Xian's lack of time, it is because he has a grasp of the advantages of information asymmetry in the future, which is why we should firmly seize the opportunity for the Hong Kong government to reissue bank licenses.

In addition, it is worth mentioning that the total deposit of Gaoyi finance is close to HK $10 billion, while the hard index of Xiangji finance only exceeded HK $400 million last year, that is, in 1977. There is an order of magnitude difference between the two. This is determined by Gaoxian's active development of overseas business.

To put it bluntly, you can only mix in the circle of Xiangjiang; But on the world stage, Gao Xian must completely own a bank like his own son.

While the Xiangjiang banking sector digested the major move of the Hong Kong government to reissue bank licenses, the Xiangjiang stock market also responded positively to the world.

In particular, the share price of jiulongcang rose from the lowest 11.8 yuan at the beginning of the year to a new historical high of 46 yuan. It has become a star stock attracting much attention, and it has begun to spread the news that a large consortium is planning to buy jiulongcang.

In this regard, first of all, two forces suddenly became nervous. One is naturally Jardine, the controller of jiulongcang, and the other is Li Bancheng, who is ambitious to buy jiulongcang.

Without an in-depth understanding of this era, it is difficult for outsiders to understand why Jardine, which has a history of more than 100 years, is the first of the four British foreign firms in Xiangjiang and has a deep-rooted influence, has become a target of sniping in Xiangjiang stock market.

It is necessary to point out that the formation of British interest groups in the Far East today is inseparable from the support of gunships in the colonial era.

It is just the so-called guilty conscience. Since withdrawing from the mainland market, the kaiserk family, Jardine's controller, has always been vigilant and skeptical about the mainland. Therefore, Jardine's business has adopted the strategy of "making profits in Xiangjiang and developing overseas".

In short, the kaiserk family took the money made by Jardine from Xiangjiang to invest in Australia, Canada, Hawaii and other places.

Take the performance in recent years as an example. During the Xiangjiang economic recession from 1974 to 1975, the well-run Jardine's first Department suffered almost negligible negative effects and made considerable profits; After the economic situation in Xiangjiang improved in 1976, Jardine's first Department raised a lot of funds by raising shares.

However, most of the money has been taken overseas by the kaiserk family for investment, and there is no profit in the short term.

Correspondingly, the kaiserk family seems a little stingy on measures such as dividends to return to investors.

Most investors are interested in a company's stock, just aiming at two major benefits, one is profit from dividends, the other is to buy low and sell high land to earn the difference.

However, the practice of the kaiserk family not only stretched the battle line of Jardine Matheson series I too long, but also weakened investors' interest in Jardine Matheson series I stocks, and then depressed the share price of Jardine Matheson series I.

In this context, there are still specific criticisms in jiulongcang. For example, its property is mainly rented, and the return on investment is relatively slow, just like falling behind the current booming Xiangjiang real estate industry.

Outsiders don't know whether Jardine is aware of these problems, but Gao Xian can be sure that there must be differences in business philosophy between the kaiserk family and Jardine's current management led by Niu Bijian, which makes the huge Jardine series seem slow or even clumsy.

The stock price change of jiulongcang proves this. Jardine Matheson began to investigate who secretly planned to buy his heart.

You know, jiulongcang and land are the wings of Jardine's harmony. We must not give up.

Li Bancheng seemed a little worried about Jardine's response. When he saw Gao Xian, he complained: "I didn't expect Jardine to notice it so carefully."

"The free and open market response is so sensitive." Gao Xian pointed to the core of the problem and said, "how many jiulongcang stocks have you mastered?"

Li Bancheng replied slightly depressed, "there are about 10 million shares."

The high string murmured: "In order to develop real estate projects such as the ocean center and harbour city in Tsim Sha Tsui, Kowloon, Kowloon warehouse issued new shares and bonus shares for many times from 1973 to 1974 to raise funds, which led to a sharp increase in the number of shares of the company, exceeding 85 million shares. From 1975 to 1976, Kowloon warehouse successively issued convertible bonds and warrants Bonds. "

"In this case, Jardine's control over jiulongcang should be more pessimistic than the 20% shareholding ratio we got before."

"At present, Gaoyi holds about 10% of the shares of jiulongcang. With your 10 million shares, it has exceeded 20%, which is enough to become the largest shareholder of jiulongcang and face-to-face with Jardine."

Li Bancheng sighed: "but the rise of jiulongcang's share price and the time point of Jardine's detection exceeded my expectations."

"Recently, the biggest good news for Dajiang industry is that the above ground property development projects of Xiangjiang Metro central station and Admiralty Station - global building and Haifu center, which were successfully bidding last year, will be opened for sale in May and August respectively."

"Therefore, I need a buffer. It's best to postpone the time of the frontal decisive battle until after May. At that time, Dajiang industry will have a greater say in raising funds."

Gao Xian thought for a moment and gave a suggestion: "what do you think? Gao Yi made a voice, took the initiative to admit his buying investment in jiulongcang, took over the reasons for the sharp rise in the share price of jiulongcang, and covered for you?"

Hearing this, Li Bancheng said, "it's certainly best for Sir Gao to come forward. However, Li will definitely remember this help!"

"You're welcome. We are all good friends and should share the same spirit." Gao Xian smiled. "Li Sheng can rest assured that Gaoyi will support the acquisition of jiulongcang as agreed as long as you like."




Please report us if you find any errors so we can fix it asap!


COMMENTS