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MTL - Reborn Capital Tycoon-Chapter 245 Chen Yi's calculation
Chapter 245 Chen Yi's Calculation
No matter how bad Standard Chartered Bank is in the future, it will still be a financial giant with a market value of hundreds of billions. He is now buying the stock of Standard Chartered Bank, and he is still only making money and not losing money. The only difference is that he earns more and earns less.
As for why the other three banks only bought 20%, the reason is also simple, because after exceeding this figure, the boards of directors of major banks will definitely be unable to sit still.
Take HSBC as an example. When he became a director of HSBC, Sha Ya gave him a ceiling of 10%, but Chen Yi only bought 5% of the shares at that time.
Now he continues to buy bottoms. Once it exceeds 20%, I am afraid that even Sha Ya will doubt Boss Chen's intentions.
One company dominates, this is something that many company boards of directors, including managers, don't want to see, so Chen Yi will give a figure that everyone can barely accept without touching everyone's bottom line.
As for why he wanted to increase the shares of the four banks, the reason is also very simple. In addition to the stable profits of the stocks of the four banks, the other is for him to be able to deal with Jardine Matheson smoothly in the future.
HSBC and Standard Chartered Bank are representatives of British-funded forces, while Hang Seng Bank and Bank of East Asia are representatives of local Chinese capital (although Hang Seng Bank is controlled by HSBC, but the helm is still Chinese, which can be counted as Chinese-funded forces), Xiangjiang is the most The two important forces are leading the way. Once he increases the shares of the four banks and becomes the largest or second largest shareholder of the major banks, he will indirectly form an alliance with the four banks.
At that time, he can also use the four major banks to initiate an acquisition of Jardine Matheson Land Company, and use the four major banks to put pressure on Jardine Matheson.
Besides, for the acquisition of Wharf and Golden Gate Construction, Chen Yi has entrusted Citibank and Mitsubishi Bank, intending to bring in two foreign banks, Citigroup and Mitsubishi, through entrusted acquisitions.
In this way, Jardine Matheson will face the siege of the three-party forces (British, Chinese and foreign capital) and the six major banks at the same time. Even if Jardine Matheson is the head of the four major foreign banks, I am afraid that it will be scared by this scene.
Chen Yi's move is called taking advantage of the situation.
No one is invincible, no matter how strong it is, no matter how powerful it is, it can't beat a group of people. As a descendant, what Chen Yi likes most is to fight people one-on-one.
Heads-up mode for good young people in the 21st century
Need an introduction?
He just wanted to win over a group of people, and let the Jardine family fight against six, oh, no, seven, and he had to count himself.
However, Chen Yi is a very bad old man.
I'm too lazy to push, I never like to do it myself, I always feel that doing it by myself is too laborious, and I can save it if I can.
Following Boss Chen's order, Hong Shihui and the others disappeared into the office, and then the Xiangjiang Exchange became lively.
Since the second half of last year, the Xiangjiang Exchange has become extremely deserted. Compared with the first half of last year, in order to buy stocks, everyone needed the Governor’s Mansion to dispatch firefighters to reduce the water and extinguish the fire.
However, after the stock market crash, everyone seems to have made an agreement this year, and they are too lazy to patronize the exchange. Even if they patronize, there are mostly selling orders and very few buying orders.
Now affected by the general environment, the stocks of HSBC, Standard Chartered Bank, Hang Seng Bank and Bank of East Asia have fallen very sharply. HSBC and Hang Seng have fallen by almost 70%. Compared with the peak market value of last year, only 30% of the market value remains.
Standard Chartered Bank and Bank of East Asia are not much better. Standard Chartered Bank’s current market value is around 2.5 billion Hong Kong dollars, and Bank of East Asia is even less, less than half of Standard Chartered Bank’s, floating around one billion.
The highest market value of the four banks is Hang Seng Bank, with a total market value of 3.1 billion Hong Kong dollars, 200 million more than HSBC.
Yes, you read that right.
The market value of Hang Seng Bank is higher than that of HSBC Bank. This is not now, but it has always been like this before.
Last year, the peak market value of Hang Seng Bank reached more than 10 billion. You must know that its holding company HSBC did not exceed 10 billion in market value at its peak last year. As a subsidiary bank, Hang Seng’s market value is higher than that of HSBC. Does anyone think this is incredible? Confused?
Actually, there is nothing surprising about this. In this period, HSBC has not yet expanded outwards. That is to say, in addition to being relatively influential in Xiangjiang, HSBC’s overseas influence can be said to be pitifully small.
As the bank with the largest number of branches in Hong Kong, Hang Seng Bank, coupled with its local Chinese background, is naturally more popular among shareholders.
After all, the mainstream population of Xiangjiang is still Chinese. As a Chinese, they are naturally more inclined to Chinese-funded enterprises.
Last year's stock market crash and oil crisis, although Chinese-funded enterprises also suffered huge losses, compared with British-funded enterprises, Chinese-funded enterprises are still lucky. This can be seen from the fact that two of the four major foreign companies directly fell two.
As the second of the four foreign firms, Hutchison and Wheelock, they changed owners successively and were acquired by Li Chaoren and Chartered King. Apart from the poor management of the two companies, another reason is that the shareholders Do not sell their accounts.
A company is not profitable. As a shareholder of the company, there are only two options, either to sell the stock at a loss, or to continue to hold it.
The premise of holding is to make shareholders and shareholders believe that the managers of this company can bring the company back to life.
At this time, the importance of managers is highlighted.
As a general public, are you willing to trust people from your own country, or to trust a foreigner? I am afraid that anyone with a little sense of reason should know how to choose.
Based on the distrust of shareholders, the stocks of two foreign companies are not popular, and a company that is not profitable and not favored by shareholders, will the bank lend to them?
Obviously, the banks will not be taken advantage of.
In this way, the company can only continue the vicious circle and cannot get out of the predicament.
This is also the reason why Chinese-funded enterprises in Xiangjiang recover quickly after each crisis, because they have the support of a wide range of Chinese shareholders.
This is the so-called advantage of people and location. Hang Seng Bank has two major advantages. In addition, it is the largest bank in Hong Kong, so it is naturally more popular in the market than HSBC.
Following Big Boss Chen's actions, the stock prices of the four major banks began to rise slowly. In the afternoon, the stock prices of the four major banks directly rose by 50%.
The stock prices of the four major banks fluctuated abnormally, which attracted everyone's attention, and the four major banks themselves were also investigating the situation, wanting to know what happened.
At this time, the stock price fluctuates so much that you can think of someone buying the stocks of the four major banks in the market with your toes.
It’s fine if it’s a normal transaction, but if it’s a hostile takeover, then the problem will be big, and there is no room for everyone not to care.
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(end of this chapter)