Chapter 265 Preparing to Establish a Bank (Third Amendment)

Then Bai Xiaoguang contacted Fanny again, and his purpose this time was to acquire the cinema line, which was appropriate to hand over to UBS.

Because Bai Xiaoguang found that there are very considerable theaters in the assets managed by UBS.

Of course, these theaters also have owners, but they give them to UBS for management.

At this time, UBS can act as an intermediary to match Bai Xiaoguang, which will also save Bai Xiaoguang a lot of things.

After all, many theaters in the world are very scattered, and if Bai Xiaoguang sends someone to do this, it will definitely take a lot of time and personnel.

So give it to UBS and spend some money, you can sit back and enjoy it, this is such a refreshing thing, why do it yourself!

It is not a matter of Datang Group, and it is not fair to let the investment department of Datang Group handle it, although Datang Group is privately owned by Bai Xiaoguang, but in the eyes of others, it has an international background.

It is inevitable that others will chew the root of the tongue.

As a super large customer of UBS, it is natural to know how to make rational use of resources, so that it is truly worthy of so much of his deposits.

Fanny readily agreed to this business, without any drag, after all, whether it was the bank or herself, they could get a large commission, and they had no reason to refuse.

But when it comes to banks, Bai Xiaoguang feels that he should build a bank of his own.

After all, today’s Datang Group can already be called a consortium, which big consortium in the world does not have its own bank?

For example, the previous Rockefeller family had its own bank, and with the size of the Datang Group, it could not be said without a bank.

Bai Xiaoguang does not want to be subject to others in the future when it comes to banking.

This is not a joke, domestic banks are okay, their roots are all in the country, no bank dares to mess around, but those foreign banks are not necessarily.

Especially for some banks that have business transactions, any flow of funds will be recorded.

In particular, some banks also provide some information to other countries or organizations, which is not uncommon.

In recent years, the country has also relaxed the restrictions on private banks, so some collective or group companies can also apply to establish banks, of course, the review is also very strict.

However, Bai Xiaoguang was not satisfied with the domestic market, his goal was a large international bank, and the cost, time and effort of re-establishing a bank were too cost-effective, so Bai Xiaoguang finally decided to buy a large international bank.

In fact, there are still many banks that meet Bai Xiaoguang, and the most suitable ones are the other two in Hong Kong City besides Xia Guo Bank, Zhada Bank and Huifeng Bank.

Both banks are large multinational banks, and both are headquartered in Hong Kong City, and they also have a very good foundation in the mainland.

It fully meets Bai Xiaoguang’s selection criteria, but among them, Huifeng Bank has fallen in credibility and stock price due to a leak and framing incident some time ago, and its target is also Xia Guo’s enterprise.

Later, because Bai Xiaoguang used his relationship to solve this matter, but the entire Huifeng Bank also lost the trust of most of its customers.

Therefore, although Huifeng meets Bai Xiaoguang’s standards, it is no longer within the scope of his acquisition.

Then now there is only one bank left.

Its current share price is HK$156.6 billion, equivalent to US$20.2 billion, compared to Huifeng, although the development of Zhatta Bank is relatively slow, but its pace is very stable, its total assets are 600 billion US dollars.

Of course, assets do not mean market value, which is actually assets managed by banks, and the main expression of market value is income and earnings.

So this market cap is actually quite normal.

The asset scale of Huifeng Bank has reached more than 2 trillion US dollars, but its market value is only a little more than 100 billion US dollars, and its original market value is more than 100 billion yuan, but it was affected by the previous framing incident.

This is the decline in Huifeng’s stock price, and according to Bai Xiaoguang’s estimate, it will definitely fall later.

Because Datang Group has prepared to withdraw all of the group’s international business from Huifeng Bank.

Losing the super customer of Datang Group, it is fully predictable, and the stock price of Huifeng Bank is estimated to have to fall sharply for a while.

It can be said that Huifeng Bank is completely shooting itself in the foot, and Bai Xiaoguang naturally will not find an uncomfortable acquisition of Huifeng.

You must know that his main purpose in acquiring the bank is not for its assets, he is to manage the growing liquidity of the Datang Group.

It can be said that its own Datang Group is completely capable of making a certain bank climb from the end to the peak in an instant.

This is no joke.

Datang Group’s product lines are currently stabilizing, and mobile phones, laptops and other industries bring tens of billions of dollars to Datang Group every day, and they are still US dollars.

This period is still a stable period for the time being, although it has not started a month’s sales, but it has also killed many group companies in the world, and has long been included in the world’s top 500 positions by those rankings.

Its mobile phone and notebook sales in the first month reached nearly a trillion dollars, which is also a history, this alone laid the first for a whole year, not to mention the Datang S1 electric car is still a steady stream of contributors to huge sales.

In another month, the domestic Datang S1 reservation can basically be delivered at the super speed of the super factory, and then it can be considered for export.

Guangxia Guo sold more than eight million Datang S1 during this time, although most of them are the lowest version, but the sales volume of medium and high configuration is also quite large.

The sales of this part reached about three trillion yuan, and it is really a waste not to run a bank with such a huge cash flow.

Therefore, no matter what time it was, Bai Xiaoguang directly asked Xiao Tang to contact Yue Shan and ask him to work tomorrow to formulate an acquisition plan for Zha Ta Bank.

“Boss, in fact, after my conversation with Zhang Lan, the financial director, we also think that Datang should have its own bank, otherwise so many funds are always placed in other banks, on the one hand, it is not safe, on the other hand, it is really too wasteful!”

Obviously, Yue Shan also agreed with this idea, and even he was ready to make suggestions to Bai Xiaoguang in the next few days.

“Well, I also just thought of it, we didn’t have this consciousness before, and we blame our group for being created for too short a time!” Bai Xiaoguang said with a sigh.

“Boss, in fact, it is just right for us to think about the bank at this time, basically all businesses are in a state of development before, and it is indeed not suitable for establishing a bank!”

“It’s different now, Datang Group has become a climate, no one in the world can do anything to us, so it’s time to set up a bank for us!”

Yue Shan said.


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