Global Tycoon: You Call This A Small Achievement?

It didn’t cost much to buy Bank of East Asia, a medium-sized bank in Hong Kong, just HK$3 million.

The reason why it is so cheap, in addition to the fierce bargaining, is that the bank is burdened with a large amount of debt.

Currently, East Asia Investment Bank's cash is HK$23 million, liabilities are HK$32 million, and net debt is HK$9 million.

But because this debt is a loan with a high interest rate, the interest rate is very high. The monthly interest alone is equivalent to 1.2 million!

Although the client assets of East Asia Investment Bank are nearly 1.8 billion Hong Kong dollars, and the net profit after one year is about 5 million Hong Kong dollars, the profit of these 5 million Hong Kong dollars is only about 400,000 Hong Kong dollars per month.

This little profit is not enough to pay off the loan sharks!

Therefore, this 32 million Hong Kong dollar loan has brought extremely heavy pressure and burden to East Asia Investment Bank.

Nowadays, East Asia Investment Bank is just short of the last straw that breaks the camel's back. Once it cannot pay off its debts and interest on time, it will be bankrupt and liquidated and be auctioned by the court.

In fact, even if the equity transfer fee is 3 million Hong Kong dollars, there is still room to continue to lower the price. However, He Zhou does not want to push too hard. If the other party really would rather be taken away and auctioned than sold to him, it might be a big loss. Less twists and turns.

After injecting HK$10 million into East Asia Investment Bank and paying off the most urgent debt, He Zhou began to look for a suitable talent for the development of the bank under his name.

As for the candidate for the president of the East Asia Investment Bank, He Zhou has already made plans, and he plans to formally invite the president to take the helm.

As the general manager of the Kowloon branch of the investment department of HSBC, Liang Wendao can be regarded as one of the top talents in Hong Kong's financial industry in terms of qualifications and abilities...

"He Sheng, are you kidding?"

Facing the invitation from He Zhou, Liang Wendao was shocked and said with a bit of laughter.

From the head of an important department in the financial industry of Xiangjiang to becoming the president of a medium-sized bank?

What a crazy idea!

It would be fine if he switched jobs to Standard Chartered Bank or China Minsheng Banking Corporation, but which one is East Asia Investment Bank?

Almost subconsciously, Liang Wendao planned to refuse.

He Zhou looked solemnly and said: "Liang Sheng, when you come to East Asia Investment Bank, you can make most of the decisions. You are truly inferior to one person and superior to ten thousand people!"

Staying in the investment department of HSBC may seem glamorous, but it is like drinking water and knowing whether you are warm or not!"

Hearing this, Liang Wendao was silent for a moment.

He has now almost reached the ceiling of the middle floor of HSBC, and the upper floor seems to be within reach, but he knows in his heart that even if he has stepped half a foot in, he is still outside the door.

Everything seems within reach, but is actually out of reach.

If nothing unexpected happens, it will probably take another ten to twenty years before he can move his seat and become one of the few talkmakers at HSBC.

This is still under ideal circumstances. If those old guys are in love with their jobs and are unwilling to retire, theoretically they will have no chance of promotion at HSBC.

He is only in his forties, and he is at an important moment for a man to rise!

From the bottom of his heart, he was unwilling to wait for ten or twenty years in exchange for that illusory promotion opportunity.

No matter how outstanding his achievements are in his current position, everything seems to be insignificant and insignificant in the face of qualifications.

However, changing jobs to become the president of a medium-sized bank...

Not to mention that he would rather be a chicken head than a phoenix tail, if it was not He Zhou who invited him, but someone else, Liang Wendao swore that he would definitely kick him out in a rage!

"It stands to reason that since He Sheng invited you personally, I have to give you some face, but..." Liang Wendao carefully considered the Chinese language for rejection.

He knew very well that this person, even if he was the chairman of HSBC, had to treat the other person as a guest.

Thinking back to more than a year ago, when the other party was still a fledgling boy, he had already noticed that this person was definitely not in the pool, but he never expected that less than a year later, the status of the two parties had already changed. Such an earth-shaking change.

He also paid attention to the recent Hong Kong Enterprise Ranking List and the Hong Kong Rich List. There is no doubt that He Zhou ranks at the top of both.

Although there are various rumors in the market, he can be said to be a witness to the rise of the person in front of him, and he knows exactly how he controls the wind and rain and how he rises unstoppably!

Based on his understanding, the assets of the person in front of him, including those on the surface and behind the scenes, definitely exceed 3 billion Hong Kong dollars!

Such overwhelming wealth, such status, personally appreciated it, and thinking about it, his heart felt warm.

"Mr. Liang, there is no need to refuse in a hurry. You can listen to me explain the conditions first and then think about it."

He Zhou raised his hand and said: "Liang Sheng has taken up the post of president of the East Asia Investment Bank. Daily affairs are decided by you. I will never interfere easily."

…Please give me flowers…………

"In addition, I will also give you the position of executive director and enjoy 10% of the East Asia Investment Bank's share dividends every year..."

"In other words, when Liang Sheng comes to my place, he is a shareholder, not just a wage earner!"

Reluctant to let go of his children, Liang Wendao is now competing for the position of executive director at HSBC. Although his hope is slim, he is also one of the most competitive candidates.

If you are willing to endure the qualifications, it will probably be a matter of course in another ten years or so.

Moreover, the executive directors of East Asia Investment Bank and the executive directors of HSBC have completely different qualities and are no longer on the same level.

Therefore, a 10% share dividend is truly a big deal.

Although the 10% of the shares are dividends, Liang Wendao can only receive dividends, not own 10% of the shares. The specific amount he can get depends on the development of the bank.

If the bank does not make a profit, then it will not get a penny in dividends!

Anyway, the net profit generated by East Asia Investment Bank's customer assets last year was only HK$4.6 million, and a 10% share dividend was HK$460,000.

Even if you add in the net profit dividends from other businesses, the total value is still 6.7 million Hong Kong dollars.

This number is not too much. After all, even in this era, Liang Wendao is a high-end talent with an annual salary of easily one million, not to mention his status as a middle-level and senior executive of HSBC, which will naturally bring more spiritual superiority.

If there is no equity dividend as a bait, then this invitation is simply not attractive to high-end financial talents like him.

"He Sheng is really courageous!" Liang Wendao said with a wry smile.

I have to say that the pie painted by He Zhou really aroused his interest.

Nowadays, the 10% dividend of East Asia Investment Bank is certainly not worth mentioning, but if he can show his ability and develop Bank of East Asia well, once the net profit of Bank of East Asia reaches hundreds of millions, he will receive tens of millions of shares. The dividend is five times more than his current annual salary!

Although according to general conditions, Bank of East Asia wants to increase its annual total profit from less than 6 million Hong Kong dollars by nearly 20 times to reach a net profit of hundreds of millions.

This is very challenging!

But at the same time, it also aroused his long-dormant ambition.

There is no doubt that compared to continuing to sit on the bench at HSBC to gain seniority, Liang Wendao still plans to give it a try!