Vol 2 Chapter 862: Reciprocity

Chapter VIII

Reciprocity

On August 26, 2008, when Lam Fung and Qiu Deba held a press conference in Singapore, they announced that Lam Fung had acquired 14.99% of Standard Chartered Bank shares in Qiu Deba’s hands at a price of 113 Hong Kong dollars per share and a total capital of 2.718 billion US dollars. At that time, all the reporters present were shocked unparalleled.

Recently, the 14.99% of Standard Chartered Bank shares held by Qiu Deba have been attracting attention from all walks of life. Qi Group, Rice Bank, Goldman Sachs Investment Bank, including Temasek Holdings and other investment groups are all eyeing Qiu Deba’s shares of Standard Chartered Bank. This has also led many media to speculate that the 14.99% of Standard Chartered Bank shares in Qiu Deba’s hands will eventually be held. Who's left. After all, Qiu Deba is 86 years old and is not in good health. He has many children and grandchildren, and he was born to two wives, and he did not intend to hold shares in Standard Chartered Bank. Therefore, the shares of Standard Chartered Bank in Qiu Deba's hands are undoubtedly the best. The solution is to sell it.

But no one thought that Qiu Deba would actually transfer 14.99% of his shares to Lin Feng, the world's richest man from China who suddenly smashed out of the sky. You should know that although there are many companies under Linfeng, they are all in the three industries of it, entertainment, and sports. Not to mention the financial industry, and there is not even a traditional industrial company. But in this way, Lin Feng actually acquired 14.99% of the Standard Chartered Bank shares in Qiu Deba's hands, which is really shocking.

What is even more shocking is that Qiu Deba actually sold it at the market price. You know, according to outsiders' assessment, Qiu Deba's 14.99% of the shares will at least exceed 30% of the market price under the rush of many groups. Who would have expected Qiu Deba to sell it at the original price.

Global uproar! This acquisition was beyond all expectations and shocking. Especially those many groups that were determined to win before are even more shocked and unable to believe this fact.

What, Qiu Deba sold the shares of Standard Chartered Bank to Lin Feng at the original price? Is he crazy? ——Prince, President of Qi Group, was shocked and speechless when he heard the news. This is really incomprehensible. How could Lin Feng go to buy a bank's shares? It doesn't match his main business at all. And what makes Prince even more incomprehensible is how Qiu Deba agreed to sell his shares in Standard Chartered Bank to Lin Feng at the market price. This is incredible.

The president of Qi Group, Prince doesn't understand, and even the British Rice Bank doesn't understand. That year (1986) Rice Bank wanted to acquire Standard Chartered Bank, but returned with bitterness because of the actions of Qiu Deba, Bao Yugang and Robert Home. This time Qiu Deba was ill, and his age had reached the age of knowing the destiny, and his children and grandchildren were not interested in holding shares in Standard Chartered Bank. So Rice Bank again had the idea of ​​acquiring Standard Chartered Bank and began to actively contact Qiu Deba, even A quote that was 30% higher than the market price was released, but Qiu Deba has not received a positive response.

Unexpectedly, just when Rice Bank was about to meet with Qiu Deba again, it was unexpected that Lin Feng had acquired 14.99% of the shares in Standard Chartered Bank in Qiu Deba's hands, and Rice Bank was dumbfounded on the spot. The 14.99% bank shares held by Qiu Deba are in the hands of others, and Rice Bank still hopes to obtain it through negotiation or other means. But when it came to Lin Feng's hands, that was the truth that Duan Duan didn't vomit. As one of the largest banks in the UK, Rice Bank naturally also has information about Lin Feng. After all, when Lin Feng, the richest man in the world, will seek financing from Rice Bank. Therefore, Rice Bank has already conducted a survey and evaluation of Lin Feng, and knows a lot about him.

To put it bluntly, there is no reason why Lin Feng bought something again. Of course, the only time it spit out was when the "aquantive" company, which was acquired for US$180 million, was sold to Microsoft for US$2.75 billion, earning a full US$2.57 billion in a year. In addition, there is no precedent for anything that Lin Feng bought. Rice Bank wants to acquire 14.99% of the shares of Standard Chartered Bank that it just acquired from Lin Feng. According to the analysis of the investment department of Rice Bank, if Lin Feng wants to be moved, at least the purchase price must be too high to 300 Hong Kong dollars per share. think about it. And 300 Hong Kong dollars per share, the purchase price is far from being able to bear by Rice Bank.

Moreover, Lin Feng is not short of money at all. Even if he acquires 14.99% of the shares of Standard Chartered Bank, Lin Feng still has US$3.85 billion in cash in his hands. What's more, Lin Feng's private game company "Second Game" still has more than US$5 billion in cash on its account. If Lin Feng is short of money, he can allocate funds from "Second Game". In a word, Lin Feng is not short of money. For such a person who is not short of money, it is difficult to want him to spit out something!

Compared with Qi Group and Rice Bank's incomprehension about Lin Feng's acquisition of Qiu Deba's Standard Chartered Bank, Goldman Sachs Investment Bank is undoubtedly more vigilant. Abby Cohen, the chief financial analyst of Goldman Sachs Investment Bank, was poached by Lin Feng and became a private investment consultant. And according to the information obtained by some senior members of the Goldman Sachs Investment Bank when chatting with Abby Cohen, Lin Feng has great ambitions. Is this acquisition of 14.99% of Standard Chartered Bank shares really just an investment activity?

Although two-thirds of Standard Chartered Bank's business is in Asia, Lin Feng becomes the largest shareholder of Standard Chartered Bank, which will greatly benefit the expansion of its subsidiaries in Southeast Asia, and will have more convenience and speed in financing. But is Lin Feng's purpose really just like this?

auzw.com Goldman Sachs Investment Bank is skeptical. Because Lin Feng is definitely not easy! Suddenly, it spanned from the it-entertainment-sports industry to the financial industry. If there was only such a motive, Goldman Sachs Investment Bank would instinctively not believe it. But now there is no evidence to prove their suspicions and feelings, and they can only wait and see for the time being.

Compared with the unwillingness of Qi Group and Rice Bank and the uneasiness of Goldman Sachs Investment Bank, the board of Standard Chartered Bank immediately issued a congratulatory message to Lin Feng after getting Lin Feng’s acquisition of 14.99% of Standard Chartered Bank’s shares in Qiu Deba’s hand, congratulating Lin Feng on becoming Standard Chartered The bank’s largest shareholder, and said that he would invite Lin Feng to attend the company’s board of directors on September 1, and promised in the fax that he would give Lin Feng an executive director position.

Regarding Standard Chartered's statement, Lin Feng knew that he was showing his favor. After all, after Qiu Deba was in ill health and his children and grandchildren were not interested in holding shares in Standard Chartered Bank, the banking giants of various countries were eyeing Standard Chartered Bank and wanted to acquire Standard Chartered Bank to merge its Asian business. This makes Standard Chartered Bank extremely panic. Once Qiu Deba's shares are acquired by other banks, it will inevitably trigger a new round of mergers and acquisitions wars. No one knows who is going to die by that time.

Now Lin Feng, who has never been involved in the financial industry, has acquired 14.99% of Qiu Deba's shares, which is definitely the best news for Standard Chartered Bank. In the view of the Standard Chartered Board of Directors, Lin Feng acquired Qiu Deba's shares in Standard Chartered Bank to facilitate the expansion of his company in Southeast Asia in the future. For this, Standard Chartered Bank is naturally very welcome, and Lin Feng, the world's richest man, can become the largest shareholder of Standard Chartered Bank. Give him an executive director position and arrange a less important position to stabilize Standard Chartered Bank. That is really the most important thing. A bargain.

Therefore, Standard Chartered Bank immediately sent a congratulatory message to Lin Feng.

"Boss, what are you going to do?" Abby Cohen looked at the congratulatory message from Standard Chartered Bank playfully, secretly funny. I am afraid that Standard Chartered Bank does not know at this time. Lin Feng already holds 19.98% of the shares in Standard Chartered Bank. After counting the 1.71% of the shares that Qiu Deba will transfer to Lin Feng, Lin Feng already owns 21.69% of the shares. Counting the shares held by Bao Peili and Robert Home, I am afraid that the Board of Directors of Standard Chartered Bank will never send this congratulatory message again.

"Well, go to the board of directors of Standard Chartered Bank on September 1st!" Lin Feng smiled.

"Mrs. Bao, I will attend the Board of Directors of Standard Chartered Bank on September 1. Are you interested in watching it together?" Lin Feng immediately called Bao Peili.

"Thank you, Lin Dong, I must be there on time!" Bao Peili couldn't help feeling the joy and immediately agreed. When Bao Peili’s father Bao Yugang was in critical condition, he was held hostage by the Board of Directors of Standard Chartered Bank. He was forced to sign an unequal treaty. The 14.5% of Standard Chartered Bank in his hands was not allowed to be sold to outsiders. This made Bao Peili always angry. Unfair, has been thinking about venting evil for his father. This time, Lin Feng asked him to participate in the board of directors of Standard Chartered Bank, which is the best opportunity.

Bao Peili can imagine what the expression will be when these British directors of Standard Chartered Bank hear that Lin Feng already holds 43.7% of the shares in his hands and has the absolute right to speak. Bao Peili looks forward to it. Of course, I am very grateful to Lin Feng for giving him an opportunity to witness the collapse of the directors of Standard Chartered Bank.

"By the way, Lin Dong, how do you respond to the expectations of domestic house buyers?" Bao Peili reminded.

Abby Cohen also reminded Lin Feng from the side. According to data, Lin Feng's silence has begun to affect the domestic market share of its "Second World" and "Phantom Technology". Quite simply, although the personal influence of these home buyers is limited, the combination can create a pressure of public opinion that no one can ignore. For those real estate developers, no matter how great the pressure of public opinion is, it will not overwhelm them. After all, the reason for the high housing prices lies in the high land prices. The reason for the high land price lies in the high prices sold by the local municipal government. The reason for the high sales of the local municipal government is that the country needs to develop.

It can be said that real estate developers simply don't catch the appeal of these buyers. But Lin Feng is different. Lin Feng has been silent for this period of time. These home buyers have joined forces to create momentum on the Internet and have begun to influence the customer base of "Second World" and "Phantom Technology". In particular, many home buyers themselves are customers of "Second World" and "Phantom Technology".

Lin Feng thought for a while. To decide everything is to wait for the complete acquisition of Standard Chartered Bank. Now, Lin Feng is very much looking forward to seeing what the British representatives of Standard Chartered Bank will look like on September 9. Back then, Britain used opium and artillery to blast open the door of China, and now Lin Feng will blast open the door of Britain with money.

Relations between courtesy!