Jinling.
In late autumn, it rains continuously. The "Cao Garden" on the bank of the Qinhuai River is bathed in the autumn rain, and the exquisite gardens are magnificent.
Cao Zhuang made an appointment with a few friends to drink and enjoy the rain in the garden. Beautiful waitresses dressed in Republican-style college attire were serving drinks nearby.
In his early years, Cao Zhuang was a teacher at a university in Jinling City, teaching Chinese. Given his current age of 52, the school where he taught twenty or thirty years ago has naturally gone through changes. Today it is Jinling University of Science and Technology.
He is now in business, with a net worth of over 5 billion, and naturally has friends from all walks of life in Jinling. Today's visitors are his business friends.
"Old Cao, your garden has different scenery in spring, summer, autumn and winter. The more I look at it, the more elegant it becomes!"
"that is."
After three rounds of wine, five flavors of food. Everyone chatted leisurely.
Someone smiled and said: "Old Cao, I heard that you were very busy at the wedding of Mr. Jing of the Phoenix Group some time ago. That's awesome! None of us have ever been in contact with Mr. Jing's circle of friends!"
"This Mr. Jing is really powerful. There are rumors in the world that he caused Li Huagua's young son to suffer a big loss a month ago. The heroine of the Tomson Group bowed his head. No Hong Kong investor in the entertainment industry dares to work in Phoenix Film and Television In front of me, Canada is extremely well-behaved."
"Hey, what do you mean by this? Our Jinling is not far from the Magic City, and Lao Wang has also invested in several movies and TV series. He also knows everything about the film and television industry. Aren't Hong Kong investors always very arrogant? Capital!"
The man chuckled and said: "In the middle of this month, a new young actor from Beijing Film Studio has no agency contract, and the Hong Kong investors are negotiating with him. They are using all kinds of means. Phoenix Film and Television has come from behind, and the Hong Kong investors are talking nonsense. He said, retreat immediately.
They were afraid that if this matter spread to Mr. Jing's ears, there might be another round of bloodbath in the capital market, and everyone would die. In the capital market, Mr. Jing’s weight is getting heavier and heavier. "
"This is it. The valuation of Bank of East Asia, which has recently turned its full efforts to overseas markets, has begun to rise again. Lao Cao, how much is it? I regret not listening to you and investing more."
Cao Zhuang was wearing a cloth shirt, with white hair at the temples. He was of medium height and had the air of an elegant and handsome middle-aged man. He picked up an elegant wine glass and took a sip of rice wine. It was raining continuously outside the window. He smiled and said: "The recent increase is almost close to 60 billion. Hong Kong dollar. One is to benefit from the resource integration of LP Investment Group and Bank of East Asia and transform into a mixed-business investment bank.
The second is that Bank of East Asia recently teamed up with Phoenix Pay and Uber to launch taxi-hailing and payment services in Nanyang, which has initially achieved success. The capital market gave immediate feedback. Lao Feng, you regret it, you can still invest more now! "
As soon as these words came out, several friends suddenly became interested. Cao Zhuang's words are obviously bullish. Inside information!
Who doesn't know that Lao Cao and Mr. Jing are close? Otherwise, can Lao Cao be qualified to help with Mr. Jing’s wedding? Even Tan Yunqiu, a famous lady from a well-known family in Jinling City, only got a seat at the wedding.
Of course, I heard that the provincial TV crew filmed Mr. Jing’s wedding. This job was introduced by Tan Yunqiu.
Someone was drinking wine happily and said: "Old Cao, I have a question. The structure of the Bank of East Asia is really hard to understand!"
Bank of East Asia is a Hong Kong-listed company, and its financial reports, board of directors, and top ten shareholders are all public and traceable. The merger of Bank of East Asia and LP Investment Group is indeed a bit confusing to outsiders.
"Look, LP Investment Group acquired the shares of Bank of East Asia and became the largest shareholder and actual controller of Bank of East Asia, accounting for 45% of the shares. The original major shareholders Jiuge Capital and Morningside Bank held a total of 32% of the shares.
Speaking of which, the control of Bank of East Asia is still in the hands of Mr. Jing. However, LP Group became a holding company, and all its subordinate personnel and assets were converted into the investment department of Bank of East Asia in this merger.
What's the point of doing this? It’s not just to kick out the Li family, the founding family of Bank of East Asia, right? "
(The Hong Kong Stock Exchange stipulates that tradable shares held by the public continue to account for 25% of the total shares. However, for companies with a market capitalization of more than 10 billion Hong Kong dollars, the Stock Exchange may decide that the proportion shall not be less than 15%. Bank of East Asia is listed on the Hong Kong Stock Exchange The outstanding shares are only 15%.)
"Old Liu is right. It is understandable to integrate resources. But according to the latest adjustment, Bank of East Asia has begun to implement AB shares. What is this? Are you always ready to cash out at a high price?"
In April 2018, the Hong Kong Stock Exchange revised its rules and regulations and added a system of different rights for the same shares. It is also commonly known as the AB share system.
Cao Zhuang smiled faintly and said: "I don't know the inside story of the merger of East Asia Galaxy and LP Group. If you want to know, you have to call Mr. Guo (Guo Lingyu). But I do have some opinions about the AB share system."
Several men looked at Cao Zhuang.
Cao Zhuang took a leisurely sip of the rice wine, which was mellow and silky, and said: "You should have heard of it. Mr. Guo was born in the direct line of the Guo family in Malaysia. This time, Bank of East Asia has successfully launched a series of layouts in Nanyang. It can be said that it is as good as domestic Other major Internet companies outside of China are latecomers, and this is the reason.
Therefore, those wealthy families in Nanyang may give some shares of Bank of East Asia in exchange in the future. Mr. Jing has always been very generous in sharing profits! The layout is outstanding and the magnanimity is great.
The situation here is different from that in Europe and the United States. You all know it. The equity of large companies has not experienced hundreds of years of development and has not yet been divided into small shareholders.
For example, the purest bloodline of the Morgan consortium is recognized to be inherited by Morgan Stanley. However, after experiencing the impact of the 2008 financial crisis, its prestige is no longer there.
My reason for being bullish on Bank of East Asia is simple. If the Bank of East Asia can attract all the Chinese tycoons from Nanyang to this plate, and if it is led and controlled by Mr. Jing’s company, then this mixed-industry bank will be the Morgan Stanley of the East!
Of course, such financial institutions will not be allowed to develop significantly in our mainland. However, I think its valuation may still exceed HK$500 billion. "
"I think what Lao Cao said is a bit exaggerated. How close is it to a valuation of US$70 billion? But I still decided to invest. If the Bank of East Asia can integrate the resources of the Chinese wealthy in Southeast Asia and unify them under the banner of Mr. Jing, and the European and American The consortium has no problem at all in Southeast Asia."
"Depend on."
"If Lao Liu wants to be coquettish, it's you who is coquettish. He just changed the subject."
"Vote. I vote too."
Lao Liu said: "Damn it!"
The six old men laughed and raised their glasses again and drank together. The scene was noisy, and I didn’t expect it to be just a few millionaires with a net worth of over 1 billion partying together. The four waiters dressed as university students from the Republic of China serving drinks in the pavilion stood upright no matter what they were thinking.
The topic immediately shifted from the Bank of East Asia, where everyone had a share in making a fortune, to Jinggao. Regarding the Bank of East Asia, Cao Zhuang's operations are divided into several levels. His close friends naturally want to chat and encourage them to invest, which will help his status in his circle of friends afterwards.
On the other hand, for those who are far away from each other, they can set up funds and promise high investment returns of 8% to 15%. This is also a favor. He then invested the collected money into the Bank of East Asia. In fact, there is another reason why Bank of East Asia's stock valuation is high, which he did not mention. That is that all their funds are grabbing the remaining outstanding shares of Bank of East Asia. How can the stock price not be pushed up?
As for the five business friends who were entertained at Caozhuang, some invested five million and some invested twenty million. After making money, on the one hand, I was grateful for the news from Cao Zhuang, and on the other hand, I was naturally curious about Boss Jing.
