Chapter 564: 549 Director Director Director Guan Zu Zu opens a bank? The big daddy is here!

The following Friday, it continued to fall.

And during these three days of Friday, Saturday, and Sunday, HSBC mobilized reserve funds, preparing to start pushing up the stock in the new week.

Monday and Tuesday of the new week,

The price-pushing plan began, and HSBC continuously bought HSBC stocks with a large amount of funds.

In addition, the Hong Kong Stock Exchange's public statement: HSBC Bank is an important financial component of Hong Kong, stability is the overall situation, so the margin ratio was 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 at all.

A series of heavy punches, many

Some retail investors shouted: "Wealth is sought in danger, HSBC will definitely work!"

They bought in one after another.

Thus,

HSBC's stock rose back up again.

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

They argued until the sky turned dark.

You despise me, I despise you.

Then they started spraying,

"Are you idiots? The King of Hell has sent a post, and you still dare to buy in?"

"What do you know, HSBC has huge capital strength and the support of the Hong Kong Stock Exchange, so what if Director Director Director Guan Zu Zu is the King of Hell?"

"Exactly, HSBC people are everywhere, Five Star Group is a fart, the King of Hell is a fart!"

"Jie jie jie... you people who have drunk foreign ink are simply superstitious about HSBC... wait for death, you all!"

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

"Crazy!"

……

……

And Director Director Director Guan Zu Zu at this time?

Since HSBC's stocks had all been 'borrowed' over, then naturally he could enter the second stage!

Start working!

Acquire a bank!

He began to make appointments with various banks.

Wednesday, 10:00 AM,

The sun was shining, warming the bustling city of Hong Kong in November.

The Peninsula Hotel,

Director Director Director Guan Zu Zu brought Chen Yongren here.

This time, he made an appointment with Boss Wu of Wing Lung Bank.

Wing Lung Bank is considered a family-style bank, and the shares held by the Wu family account for 70%, with the remaining 25% becoming circulating shares.

In 1933, Wing Lung Bank opened.

In early 1980, Wing Lung shares were listed.

In 1987, Standard Chartered Bank withdrew, and 10% of the equity returned to the hands of the Wu family, rising from 60% to 70%.

And this year, because of poor management, the Wu family prepared to introduce external capital to save the bank. Currently, Wing Lung Bank is contacting the Development Bank of Singapore, preparing to sell 10% of the shares, and the valuation is around 7 billion.

And the current Boss Wu, in his 50s, is the son of the first-generation Mr. Wu.

Garlin Hall, a private room.

"Mr. Wu, long admired."

"Mr. Guan, nice to meet you."

"This should be Mr. Chen Yongren, long admired..."

The three took their seats,

Accompanied by secretary assistants.

Then after some pleasantries, when Director Director Director Guan Zu Zu came, he found some information about the Wu family and began to flatter Mr. Wu's father, Mr. Wu.

Mr. Wu's ancestral home is in Xingtan Town, Shunde, Guangdong, and he was a great philanthropist; one sentence expresses his contribution: the country named asteroid No. 3570 "Wu**Star."

After three rounds of drinks,

Director Director Director Guan Zu Zu ended the pleasantries and entered the main topic.

"Mr. Wu!"

"I heard that Wing Lung Bank is currently negotiating with the Development Bank of Singapore about investing in Wing Lung..."

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

Director Director Director Guan Zu Zu smiled: "Then I'll get straight to the point, I wonder if Mr. Wu has any thoughts of selling Wing Lung Bank?"

"Sell?"

Boss Wu was stunned for a moment.

Then he pondered.

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

And this time Director Director Director Guan Zu Zu wanted to short HSBC, he had looked for Wing Lung Bank, wanting to borrow HSBC stocks.

And currently, the Wu family's total assets are estimated to be around 6 billion.

What's even worse is that because of the huge competition in Hong Kong's banking industry, Wing Lung Bank's business is not very good, which is also the reason why Standard Chartered withdrew its shares and Wing Lung sought new investment shareholders.

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

Currently, Wing Lung Bank can only be said to be barely maintaining the situation, and it is too difficult to develop and grow.

And Boss Wu is not very optimistic about Wing Lung's future.

Regarding Director Director Director Guan Zu Zu's acquisition offer, he couldn't help but start weighing the gains and losses.

Introducing Singaporean capital is not as good as introducing Five Star Group.

Boss Wu: "I wonder how many shares Mr. Guan is prepared to acquire?"

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

Boss Wu quickly shook his head: "I'm afraid that won't work... On one hand, I hope to become a partner with Mr. Guan, selling all of it is not the best choice for our Wu family; on the other hand, I believe more that if Mr. Guan invests in Wing Lung, it will definitely make Wing Lung Bank's market value soar rapidly, and our Wu family also wants to get on the big ship of Five Star Group..."

How outrageous Director Director Director Guan Zu Zu and Five Star Group's reputation is in Hong Kong, Boss Wu has seen with his own eyes.

As long as he calls out, all Hong Kong citizens will eagerly deposit money into this bank.

The bank's value will definitely soar, and rising several times is not a problem!

Other banks, especially small banks, after losing a large amount of deposits, will either face a run and die on the spot, or die a chronic death.

Wait...

Boss Wu thought carefully, and suddenly felt a bit horrified.

Combined with Director Director Director Guan Zu Zu's short selling of HSBC Bank...

Director Director Director Guan Zu Zu is playing a big game!

The more he thought, the more horrified he became.

If Five Star Group really intervenes in the banking industry, with its reputation, it can definitely roll many small banks to death.

He couldn't help but look at Director Director Director Guan Zu Zu.

Director Director Director Guan Zu Zu sat there, smiling and drinking tea, still as kind and warm as ever, but at this moment there was more awe in Mr. Wu's heart.

Does his Wing Lung Bank still have hope of survival?

His small bank seems to have only one path: let Director Director Director Guan Zu Zu invest!

Boss Wu thought of this and quickly said: "Mr. Guan, I am willing to sell 60% of our Wing Lung Bank shares to you, but I hope our Wu family can keep 10% of the shares and always maintain them unchanged!"

Director Director Director Guan Zu Zu: "In the market, how much do circulating shares account for?"

Boss Wu: "Circulating shares account for 25%. Our Wu family accounts for 70%, and the remaining 5% is held together by 4 other Chinese-funded banks."

"At the beginning, in order to save the cost of laying out the ATM network for cash storage, 5 Chinese-funded banks joined together, held shares in each other, and formed a company. And this company holds these 5% of the shares."

Director Director Director Guan Zu Zu attached importance to it once he heard it.

ATMs are indeed very important.

Director Director Director Guan Zu Zu nodded: "Good, then excluding the 25% circulating shares, I will leave 10% of the shares for you, and I want the remaining 65% of the shares."

Boss Wu was overjoyed when he heard it.

Done!

Got on the big ship of Five Star Group!

Director Director Director Guan Zu Zu: "For the specific acquisition price, in the next few days, I will appoint Ah Ren as the future bank person in charge to negotiate with you."

In the future, Chen Yongren will be the first person in charge of the bank.

Boss Wu quickly toasted Chen Yongren: "Mr. Chen, please take care of me in the future!"

Chen Yongren raised his glass: "I wouldn't dare, I wouldn't dare."

Compared to the previous stinky undercover, Chen Yongren, who had experienced 2 years of Five Star Group training, was more calm, profound, and had more majesty.

Director Director Director Guan Zu Zu: "Next, I want to contact the other 4 Chinese-funded banks to see if they are willing to sell their equity."

One Wing Lung Bank couldn't satisfy Director Director Director Guan Zu Zu at all.

More Chinese-funded banks, and finally restructuring into a large Five Star Bank, this is Director Director Director Guan Zu Zu's goal.

If these Chinese-funded banks are willing, they are friends.

If they are unwilling...

Sorry, when the big brother and the second brother fight, it's easy to beat the third brother to death.

Boss Wu quickly: "How about tonight? I will make an appointment with them tonight and talk together."

Director Director Director Guan Zu Zu raised his glass and smiled: "Then I will trouble Mr. Wu..."

……

That night,

Director Director Director Guan Zu Zu met the bosses of the other 4 Chinese-funded banks.

They were basically Chinese-funded family banks, and their nature was similar to Wing Lung Bank.

Finally,

One of them, the boss felt that he would lose autonomy and did not agree.

The remaining 3 banks all agreed to be acquired by Director Director Director Guan Zu Zu.

This indicates that as long as Director Director Director Guan Zu Zu's acquisition is successful and restructured into a large company, it will have 31 business points in Hong Kong and 353 ATMs, barely covering the entire Hong Kong Island.

……

The next day, Director Director Director Guan Zu Zu continued to meet with other bank bosses to discuss acquisition intentions.

Secondly, he conducted acquisition negotiations with the banks he had agreed with.

This news naturally couldn't be covered up, and the news naturally spread.

It directly triggered a shock in the financial circle.

All 100+ banks in Hong Kong, especially those small banks, were panicked at this moment.

The crocodile is here!

With Director Director Director Guan Zu Zu's terrifying appeal, this bank will definitely be a super behemoth.

The banking industry will face a new reshuffle!

The only path left for small banks is: either die a chronic death, or join Director Director Director Guan Zu Zu's Five Star Bank.

It really is the big brother and second brother pk, killing the others.

Besides that, they also reacted: No wonder Director Director Director Guan Zu Zu dared to short sell, it turns out he was waiting here!

Missed a hundred million!

……

And at noon,

12:00,

Director Director Director Guan Zu Zu no longer covered it up.

ATV directly reported this news.

"Recently, the Hong Kong financial circle has been stirred up by a large-scale bank acquisition operation, and the protagonists are Mr. Director Director Director Guan Zu Zu and Five Star Group, who launched the action to short HSBC."

"According to ATV's exclusive interview with Mr. Director Director Director Guan Zu Zu, Mr. Director Director Director Guan Zu Zu revealed that Five Star Group has successfully reached acquisition intentions with 8 banks, and related acquisition negotiations are being pushed forward intensively."

"Once the acquisition is completed, Five Star Group will restructure and form Five Star Bank, with business outlets exceeding 50 and ATMs exceeding 500, building a brand-new bank system for Five Star Bank that integrates points, lines, and surfaces."

"In the interview, Mr. Director Director Director Guan Zu Zu stated that this move is to build a comprehensive bank with great influence in Hong Kong and even Asia... providing... for the future financial stability of Hong Kong."

Finally, the camera was given to Director Director Director Guan Zu Zu.

Facing the camera, Director Director Director Guan Zu Zu smiled: "After Five Star Bank is restructured and established, all citizens who support Five Star Group are welcome to deposit their money into Five Star Bank, and we will provide five-star service to all customers!"

All supporting citizens: Brother Zu, loyal!

As the noon news came out,

All Hong Kong retail investors, some gloated, some cried.

"Fortunately, I ran fast!"

"As long as I run fast, the King of Hell can't catch up with me!"

"Living King of Hell! The living King of Hell of the stock market!"

"Haha, those leeks who firmly believe in HSBC, this time they will be cut to death!"

"Other banks will definitely fall too..."

"Miserable~~~"

"Woooooo~~ Why did I hold on to death?"

"Director Director Director Guan Zu Zu is simply poisonous, forget it, can't afford to provoke, I quit!"

Beaten again and again, but every time he continues to be beaten.

……

……

HSBC building.

With Director Director Director Guan Zu Zu's news report,

HSBC senior management was directly like facing a great enemy.

They had a premonition that a banking earthquake was coming.

Especially the last paragraph of Director Director Director Guan Zu Zu's words, this is to make all the funds in Hong Kong pile up in Five Star Bank!

HSBC's trouble is here!

Ainuoer's face was solemn, and he dialed the secretary's phone: "Immediately convene an emergency meeting of senior management, gather in the conference room in ten minutes!"

Once Director Director Director Guan Zu Zu successfully acquires and restructures these banks, it will pose a huge threat to HSBC's financial status in Hong Kong.

Ten minutes later, in the conference room, HSBC's senior management gathered together.

Everyone's face was very heavy.

"Everyone has seen the news at noon, right?"

"Everyone, this series of actions by Director Director Director Guan Zu Zu is clearly trying to set off a revolution in Hong Kong's banking industry..."

"Next, our HSBC cannot be beaten passively; we need to formulate a detailed plan, starting from market expansion, customer service, product innovation, and other aspects, to ensure that HSBC remains invincible in this competition..."

……

……

At the same time, in the president's office of Standard Chartered Bank, the president was sitting around the conference table with several core executives, discussing the news of Director Director Director Guan Zu Zu's bank acquisition.

"This action by Director Director Director Guan Zu Zu is aggressive... even if his target is HSBC, I'm afraid our Standard Chartered Bank cannot stay out of it..."

……

Bank of East Asia.

In the chairman's office, the chairman was discussing countermeasures with several vice chairmen.

"Director Director Director Guan Zu Zu's acquisition action, although it seems to be aimed at some small banks, will have an impact on the pattern of the entire Hong Kong banking industry."

"Bank of East Asia, as the largest independent local bank in Hong Kong, must respond cautiously..."

"Don't let HSBC not die, and end up beating us to death..."

…

With Director Director Director Guan Zu Zu's acquisition action, a huge storm blew up in the entire banking industry.

Of course,

Many banks also cursed.

HSBC, are you an idiot!

Why are you provoking Director Director Director Guan Zu Zu for no reason?

……

Afternoon,

13:00,

Hong Kong stocks opened!

Not just HSBC, all bank stocks in Hong Kong fell in response.

Stock Exchange trading hall,

Many retail investors began to stage "people's joys and sorrows are not connected."

The stubborn retail investors who held HSBC sold off one after another.

"This Li family is declining, Swire is declining, now it's HSBC's turn to decline..."

"Forget it, can't afford to provoke, I quit!"

HSBC's stock began to fall continuously by -1-1-1-1...

Not just HSBC, other bank stocks also fell one after another, even more fiercely than HSBC.

In one afternoon, HSBC fell 8%,

Standard Chartered, Hang Seng, Far East, three major banks, fell more than 10%.

And other banks were even more miserable.

The only one that went against the market was Wing Lung Bank, which was listed, because the plate was too small, it soared 20%.

At this time, in the Stock Exchange trading hall, another retail investor cursed: "Damn, I didn't know Wing Lung was acquired by Director Director Director Guan Zu Zu, I actually sold it."

"Kill me!!"

"Ah ah ah~~~~"

Seeing this retail investor going crazy,

Other retail investors finally felt a little better.

(End of chapter) ===== CHAPTER 565 =====