READ WEBNOVEL Forty-seventh year to acquire Northen Rock Bank!
At 8 pm, on the way back home, Wang Guanxi was very happy and invested in another high-quality semiconductor company.
Energy saving electronics!
This is a technology company, and its value cannot be limited when it grows in the future.
The subprime mortgage crisis is really good. I used 2 million to get 40% of the shares. When I exchanged it for other, 2 million Hong Kong dollars was used to inject capital, and others might not want it.
Thinking of this, Wang Guanxi rushed home proudly.
I couldn't help but hum a little song on the way.
The glorious days of beyond.
Today there are only remnants of the shell
Welcome to the glorious years
Hold tight to freedom in the wind and rain
After a lifetime of struggle
Confidence can change the future
Who can do it...
When returning to Queen's Wharf, she happened to meet Shu Jinghan, who was carrying a bag with a prepared dinner in it.
Xi Zai, why are you so happy?
Shu Jinghan looked at Wang Guanxi curiously.
Wang Guanxi came over and said with a serious face, I found my baby.
What baby? Shu Jinghan wondered, Where?
Far in the sky, right in front of you Wang Guanxi looked at her with a smirk.
Shu Jinghan blushed when Wang Guanxi teased her.
Don't talk to me, I'm going to deliver the food
Then flee the scene.
After running a few steps, he put on a smiling face like eating honey, and reminded him: Xi Zai, the exam will be taken soon, remember to review quickly, you didn't come to me to review your homework today
After speaking, she hurriedly left.
Okay, I'll find you on time tomorrow. Wang Guanxi smiled and went home.
Today is Saturday, turn on the news.
Li Jiacheng, the richest man in Hong Kong, made a private investment of US$100 million in Facebook.
Facebook, with a market value of up to $800 billion in the future, has not yet been listed. The richest man in Hong Kong really has a unique vision. He directly invests $100 million.
The next day, March 30, Sunday.
[Because of the subprime mortgage crisis, major Wall Street banks cut 34,000 jobs].
Citigroup cut 6,200 jobs.
Lehman Brothers cut 4,990 jobs.
Bank of America cut 3,650 jobs.
Merrill Lynch »
Morgan Stanley
Goldman Sachs »
FuGuo bank··
Wachovia Bank »
·
The layoffs are just the beginning.
Wang Guanxi knew that the big banks above were all hit, Citibank was bailed out, Merrill Lynch almost went bankrupt, and then was acquired.
Lehman Brothers, a giant with hundreds of billions of dollars in assets, was the most unfortunate. It went bankrupt and went bankrupt, killing countless investors around the world.
The subprime mortgage crisis initially hit banks, and then giant banks collapsed or defaulted, causing the global financial crisis. Lehman Brothers, with hundreds of billions of dollars in assets, declared bankruptcy on September 14, which directly ignited the long-standing global economic crisis!
Everyone has no confidence in the economy, anxiety and despair.
But Wang Guanxi is looking forward to it very much. This is the perfect opportunity for him to make a fortune and rise. On September 14, Lehman Brothers declared bankruptcy, like a needle that pierced the global economic bubble. , How many cheap assets and cheap high-quality companies are waiting for Wang Guanxi to acquire.
At this time, I saw the latest news: [The British Financial Supervisory Authority admits that the supervision of North Rock Bank was wrong].
After Northon Rock Bank fell into a credit crisis in September last year, the British government tried to save it through various means, including emergency loans of up to 25 billion pounds from the Bank of England and finding suitable buyers.
However, the bank was temporarily taken over in February this year,
become a victim of the subprime crisis.
North Rock Bank is the UK's fifth largest mortgage lender, and in November 2011, it was acquired by the British consortium Virgin for £1 billion.
Now in March 2008, the Virgin consortium wanted to buy North Rock Bank at a low price of 1.5 billion pounds, but North Rock Bank did not agree, and the price was too low. By 2011, North Rock Bank Unable to bear it, he finally agreed to be acquired by the Virgin Consortium at a price of 1 billion pounds.
But now, Wang Guanxi intends to make an early move and acquire it in 2009, robbing the Virgin consortium of fat, and winning the UK's fifth largest mortgage bank!
But not without the bottom line of £2 billion.
Because there is still North Rock Bank to deal with, the Virgin Consortium is digesting it with hard power.
Wang Guanxi also does not have the hard power and huge cash flow of the Virgin Consortium, so he needs to spend 2 billion pounds to completely digest the bank.
2 billion pounds, which is not a small amount. According to the exchange rate of the British pound to the US dollar (1.6:1) at that time, it was 3.2 billion US dollars. When converted into Hong Kong dollars, it was 25 billion Hong Kong dollars.
25 billion Hong Kong dollars is not a small amount.
Even if Wang Guanxi shorted the Hang Seng Index on September 14, 2008, and was worth billions and tens of billions of Hong Kong dollars, it would be difficult for him to spend 25 billion to acquire Northen Rock Bank in 2009.
It is impossible for him to have a wealth of 30 billion Hong Kong dollars in 2009, and use 25 billion Hong Kong dollars to acquire Northen Rock Bank, which will only affect the growth of his wealth.
In 2009, with at least 60 billion Hong Kong dollars in wealth, he can buy Northen Rock Bank with confidence, offer a price that shareholders cannot refuse, and defeat the Virgin consortium!
In November 2009, you must have a cash deposit of 60 billion Hong Kong dollars.
This is a bit difficult
Wang Guanxi frowned, now his cash deposit is only 15 million Hong Kong dollars, which is still 59.985 billion Hong Kong dollars away from 60 billion Hong Kong dollars!
It is very difficult to increase the wealth from 15 million Hong Kong dollars to 60 billion Hong Kong dollars.
However, he still has a way. As long as the capital is 150 million Hong Kong dollars on September 14, and then short the Hang Seng Index with 100 times leverage, it is easy to earn 5 billion Hong Kong dollars. If the operation is done properly, 10 billion Hong Kong dollars is also no problem.
Then use 10 billion Hong Kong dollars to buy several super company stocks, and before the end of 2009, it is absolutely no problem to get 60 billion Hong Kong dollars of wealth.
For example, the share price of BYD Auto Group, in November 2008, was 10 Hong Kong dollars per share, and it has been rising. In November 2009, the share price rose to 88 Hong Kong dollars per share, an increase of 8.8 times!
One bite made Wang Guanxi fat!
Shuang Wai Wai.
As long as he withdraws 4 billion Hong Kong dollars from the 10 billion Hong Kong dollar deposits to buy the stock of BYD Auto Group, then the 4 billion will become more than 30 billion Hong Kong dollars, and he can completely eat Northen Rock Bank.
Thinking of this, Wang Guanxi was looking forward to it.
Then he began to look for stocks of listed companies that could be operated.