In the conference room of Mingchao Building, Wen Guoliang introduced the latest progress of Hang Lung Bank's acquisition of overseas trust banks and future plans to Cai Zhiliang, Zheng Yiming, Chu Tianxing, Greed and others. According to Wen Guoliang's words, the government has relented.

We also support Hang Lung Bank's acquisition of Overseas Trust Bank, but there is only a suitable time to announce it to the public. According to Wen Guoliang's optimistic estimate, the acquisition should be completed before the end of the year.

"How did you come up with the 4.2 billion figure? Have you started counting the assets of overseas trust banks?" Zheng Yiming looked at the information prepared by Wen Guoliang and asked. Wen Guoliang's estimated acquisition price is 4.2 billion Hong Kong dollars.

"I won't go into details about the reasons why Overseas Trust Bank went bankrupt in the first place. To this day, the huge debt problem has not been completely solved. Therefore, when Hang Lung Bank acquires Overseas Trust Bank again, it will inevitably need to bear this debt.

The purchase price cannot be lower than the government’s original investment.

4 billion in funds. In this way, Citibank and Peregrine Investments and I came up with this figure by evaluating the assets of overseas trust banks. However, the assets of overseas trust banks still need to be accurately evaluated.

According to the expectations of the three parties, there won’t be much difference.”

Zheng Yiming has dealt with both Citibank and Peregrine's assessments, and he quite agrees with them. He nodded and then asked: "How much debt does Overseas Trust Bank have left, 3 billion?"

"Not that much." Wen Guoliang shook his head and said: "When Overseas Trust Bank went bankrupt, the accumulated debt was about HK$3.5 billion. Now three years later, it has dropped to less than 3 billion. The data as of the end of last year was HK$2.74 billion.

."

"That is equivalent to acquiring overseas trust banks for HK$7 billion. In terms of profitability, with Hang Lung Bank's current size, it will not be overwhelmed by debt by then. There is still 4.2 billion in funds." Even if it is less than 3 billion.

, the amount of debt is also equivalent to the current size of Hang Lung Bank. Zheng Yiming is not optimistic about Hang Lung Bank's capital reserves, but said: "But after all, this is a medium-sized bank with a bright future."

"I don't think this 2.7 billion debt will become a problem." Wen Guoliang first expressed his opinion, saying: "Once Hang Lung Bank completes the acquisition of Overseas Trust Bank, its total assets will skyrocket by more than 40 billion. Now Hong Kong City

In the current economic situation, even if the credit line is 50%, it will not be a problem to wipe out this debt in the next 5 to 7 years. Mr. Cai, colleagues, the key issue now is that with an investment of 4 billion, it will be

Can control 40 billion in funds."

Overseas Trust Bank's nearly 40 billion assets mainly refer to bank deposits. Although they belong to customers, they can be used for other purposes.

The next ten years will be the golden development period for Hong Kong and Southeast Asia, and the credit required is also inestimable. However, there is no doubt that only Hang Lung Bank, which has completed the merger, has the ability and strength to obtain considerable benefits from this gluttonous feast.

, and there is also the support of Jinhe Investment. Cai Zhiliang nodded and expressed his approval of Wen Guoliang's analysis. The key is to have assets of 40 billion.

"For the 4.2 billion Hong Kong dollars acquired by Overseas Trust Bank, I divided it into three parts: own funds, bank loans, and funds raised from the issuance of stocks." Wen Guoliang explained one by one: "Hang Lung Bank's own funds are not much.

, the funds that can be raised before the end of the year shall not exceed

500 million. Bank special loans will be the largest source of funds, expected to reach 2.5 billion. The remaining funds of about 1.5 billion will be raised from the stock market through the issuance of stocks and bonds. In this way, it can also ensure that Hang Lung Financial

The group’s absolute controlling stake in Hang Lung Bank.”

Hang Lung Financial Group is built on the basis of Hang Lung Bank. In addition to Hang Lung Bank and Kowloon Lixin Insurance, there are also some newly registered asset trusts, funds, and investment companies.

"What's going on with Standard Chartered Bank? Is it also interested in overseas trust banks?" Cai Zhiliang asked.

"That's not true." Wen Guoliang pondered for a moment and said, "This matter has something to do with Yihe."

"Jinge Mao persuaded Standard Chartered..." This is not a surprise. After all, these two companies are British-owned companies, and it is completely normal for them to have a close relationship.

"Recently, Mr. Keswick of Jardine Matheson is applying to the exchange to issue B shares to better control Jardine Matheson and Land Group. British-funded companies such as Standard Chartered Bank, and even Chinese-funded companies, are openly and covertly supporting

Jardine." Wen Guoliang said: "This time Hang Lung Bank is in trouble because of Tianmen Real Estate. The biggest reason is that no one wants anything to happen to Jardine."

There is nothing we can do about this. We will learn the truth after the fact, and perhaps we should strengthen our ties with these consortiums.

"What's Citibank's opinion on divesting those investments in the mainland?" Cai Zhiliang asked finally.

Wen Guoliang said: "The total investment from the mainland is less than 20 million, and they don't take it seriously."

"Make an appointment for me to meet with Zhai Kecheng." Since everything was going in the right direction, Cai Zhiliang didn't say anything more. According to the current trend, he would meet with the Financial Secretary and settle the matter earlier.

valid reason.

When leaving the conference room, Greed caught up with him, handed over a document, and said: "I have drawn up an investment plan here to invest in some factories on the mainland to cope with the rapid development of Donglai Trading Company's business.

Please take a look."

Cai Zhiliang accepted the document and knew Greed's purpose, and said: "I will go to the mainland with you next month. Don't worry about the funds. I have said before that if it belongs to Donglai Trading Company, it will still be Donglai Trading Company."

In this month's time, you can discuss it again and don't make any omissions."

Greed said: "The economy in mainland China is weak and there are many bankrupt factories. It is the time to buy the bottom."

"Have you ever asked what the attitude of Swire Trading is?" Cai Zhiliang remembered what he had heard in Los Angeles before about the plan to acquire Swire Trading.

"I did a little testing with my former colleagues, but there has been no response yet." Greed said, "I made an appointment with Smith to meet next Thursday."

"Hurry up and get this done and open up the North American market as soon as possible." After Cai Zhiliang finished speaking, he went back to the office.

Back in the office, before Cai Zhiliang finished reading Greed's plan, Chen Qiang got the news and came to Mingchao Building.

"Uncle Chen, sit down." Cai Zhiliang said with a smile: "This time Mingxiu Daily showed its sharpness, I think it shocked many people."

"You are right." Chen Qiang sat down and said: "I think back when Mingxiu Daily and Xinbao were founded at the same time, we watched helplessly as the sales of Xinbao increased from a few thousand copies to tens of thousands, while Mingxiu Daily could only

Maintaining at a few thousand copies, it is always neither high nor low. To put it bluntly, at that time, I could only look up. Look at today, with the launch of the "Hong Kong Economic Times" last year, the Hong Kong Economic Times has become worse day by day. Even Mingxiu Daily

All my opponents are no longer qualified.”

Chen Qiang said very cheerfully. Compared with ten years ago, Mingxiu Daily and Xinbao have completely dropped one by one. Xinbao was founded two months earlier than Mingxiu Daily. In just two months, it laid the foundation for Xinbao.

The status of a financial news newspaper was so small that Mingxiu Daily had no choice but to follow suit, and in the end it was no longer even qualified to attach a tail.

Nowadays, Mingxiu Daily has replaced Xinbao and become the largest financial newspaper in Hong Kong City.

"Why, is the New Paper not as good as the newly launched Economic Daily?" Cai Zhiliang was a little curious.

"Based on my many years of experience, hahaha..." Before Chen Qiang could finish his words, he started laughing involuntarily.

After Chen Qiang had vented enough, Cai Zhiliang put down the documents in his hand and asked: "You are here today. Have you decided on the time for Mingxiu International to resume trading?"

"It hasn't been decided yet." Chen Qiang waved his hand and said, "I came here today to show you something..."

As he spoke, Chen Qiang took out a booklet from his briefcase, handed it to Cai Zhiliang, and said: "This is a new comic published by the comics department a month ago. In just one month, the sales volume of each issue has reached 50,000, which is more than Huang Feihong

, the story of Big Sword King Wu is even more popular."

Cai Zhiliang took the booklet, looked at the cover, and read: "Fengyun?"

"Yes, it's Fengyun." Chen Qiang affirmed and said: "I didn't pay attention at the beginning, but after all, it is Ma Rongcheng's new comic, so I still need to strongly support it. I also understand the principle of buying horse bones with a thousand dollars. So I

Arranged the serialization of Tiantian Daily with the highest sales volume, which can be regarded as using the sales volume of Tiantian Daily

, to do some free advertising for this comic. Unexpectedly, by chance, this comic caused a sensation as soon as it was serialized. Tiantian Daily, which was the first to serialize this comic, has now sold more than 200,000 copies. Maybe in some time, it will be able to

Surpass the Oriental Daily and end the Ma family’s fifteen-year reign.”

Just after talking about Xinbao, Chen Qiang mentioned Oriental Daily again, but he could only think about it. After all, Oriental Daily sold nearly 300,000 copies.

Oriental Daily is not a big newspaper with a long history. It is only a few years earlier than Mingxiu Daily. It is best-selling for its dog scriptures. After tasting the benefits, horse scriptures and wave scriptures were released one after another. Since the establishment of Mingxiu Daily, it has been the best-selling newspaper.

Hong Kong newspaper.

As Yulang International ended the long-term tug of war ahead of schedule and gradually stabilized, after Mingxiu Newspaper injected funds, it was possible to restore the prosperity of the past and rebuild the comics empire. And Ma Rongcheng did not leave the current Mingxiu Comics Department, but

As a producer, "The Storm", a comic book destined to be popular throughout East and Southeast Asia, was released ahead of schedule.

Cai Zhiliang pretended to flip through two pages and asked: "When Yulang International was still Yulang Book Company, it relied on "Little Rascals", later renamed "Dragon and Tiger Fight", which sold well in Southeast Asia, based on Yulang Book Company

Open up the Nanyang market. Since "The Storm" is so popular, can we open up the market in Nanyang?"

"I came today to discuss this matter with you." Chen Qiang finally recovered and said: "Before the stock market crash, Huang Yulang purchased the Sin Chew Daily, the second largest newspaper of the Sing Tao Group in Malaysia, for HK$70 million. Later,

Because of the stock market, Yulang International fell into the quagmire and let it go. I contacted Ms. Hu at the beginning of the month and mentioned the acquisition of "Sin Chew Daily" again, which will also facilitate Mingxiu Newspaper's gradual entry into the Nanyang market."

Cai Zhiliang nodded. This is also a way to gradually improve the distribution system in Nanyang based on "Sin Chew Daily".

"What's Ms. Hu's attitude?" Cai Zhiliang asked as the current Sing Tao Group is made by Ms. Hu mentioned by Chen Qiang.

Chen Qiang sighed and said: "Ms. Hu intended to report every day and wanted to make a deal with us, but I refused."

"Then what?" It can't just go without saying anything.

"Sing Tao Group has not been having an easy time in the past two years. The original reason for selling Sin Chew Daily to Yulang International was due to poor sales and rising costs. Now it is just asking for a sky-high price. As long as we keep talking,

There is still a turning point.”

Chen Qiang didn't take it seriously and said: "What's more, since the profits of the newspaper industry declined, the Sing Tao Group has gradually shifted the group's focus to real estate. It is said that the profits are quite substantial. I estimate that the Sing Tao Group will increase its investment in real estate.

."

"It's just speculation. I can't say that Xingdao Group will follow in the footsteps of Yulang International. I saw him build a high-rise building, saw him see guests, saw his building collapse..." Cai Zhiliang pulled the article, sighed, and said: "This way

That’s good, it’s conducive to the acquisition of Mingxiu Newspaper. It’s true that real estate is profitable, but Sing Tao Group doesn’t have diamonds, but it insists on blocking the porcelain business. I guess it will be very difficult in the future.”

"Now that the real estate market is soaring, how can there be no profit? I have seen a lot of survey data from Mingxiu Daily. Even if the future trend is not the same as that of Japan, it will rise at a rate of 15% per year."

I have to say that Chen Qiang is also very tempted. It is not much easier than running a newspaper. Before this year, Mingxiu Newspaper had invested in real estate, but it was divested by Cai Zhiliang and merged into Lida Bank. It only enjoys profit dividends every year.

"If you just invest in one or two shops and seek stability, that's fine." Cai Zhiliang said: "But with the scale and financial resources of Sing Tao Group, people are always greedy. Are they willing to make such a small profit? It must be hundreds of millions.

Once a large-scale investment involves real estate development and sales, that's not the case. Don't just think about profits. There are quite a few real estate companies that go bankrupt every year. You can ask someone to investigate, and maybe

There will be another conclusion."

"Maybe." Chen Qiang was absent-minded, and then said: "Let's talk about Sin Chew Daily. Aren't you related to the Kangtai Group? Although it is not the top consortium in Malay, it is still a local snake after all. It also has some concerns about Mingxiu Daily's entry into Malay.

Helpful.”

"My fourth uncle..." Cai Zhiliang glanced at Chen Qiang. If Chen Qiang wanted to find Kangtai Group, he could actually be introduced by Bao Guowei. After all, he had been with Kangtai Investment for more than half a year, so why bother looking for something far away?

Bao Guowei can't save face, so it's not difficult to find a middleman.

"It's not easy for A Bao to discuss this matter." Chen Qiang said with a wry smile: "A few days ago, I visited Kangtai Investment, and they were only interested in buying a stake in Mingxiu Newspaper. I think we still have to go directly to Chairman Cai to compare.

If it’s suitable, it will save you the troublesome kid.”

"Okay." Chen Qiang didn't mention Pang Song, and Cai Zhiliang didn't ask. He just nodded and said: "You talk to Sing Tao Group first, and when the Sin Chew Daily matter comes to an end, I will make a trip to Malaya.

Officially pay a visit to Kangtai Group and discuss cooperation with my fourth uncle."

Cai Zhiliang cannot be pretentious. It is definitely not possible to be trapped in such a city. He must open up the Nanyang market with hundreds of millions of people. Cai Kang of the Kangtai Group is still the same as the great ancestor in terms of etiquette. His uncle who has not yet entered the fifth server should be Mingxiu.

Newspaper companies and even Sungei Wang Investment are relatively reliable allies in Malay.

But talking about Malay, Cai Zhiliang remembered Liu Zhengyang's chemical project last year, which was a potash fertilizer plant in Malay. Nearly a year has passed, and it's time to start the trial operation. The key is that so far, there is no second project.

Landing, that is to say, the newly established engineering company last year is likely to cease operations.

"Okay." Chen Qiang said: "If we can have the assistance of Kangtai Group, it will be very beneficial for the newspaper to open up in Malaysia."
Chapter completed!