My Age of Investment

   Chapter 1183 The Four Trillion Plan

   After returning to London, Xia Jingxing immediately had a meeting with Stephen Hirst, the new CEO of Royal Bank of Scotland, under the arrangement of Li Yaozu.

   The two talked very much like a pair of old friends who hadn't seen each other for a long time.

   The second-ranked commercial bank in the UK was severely hit by the financial crisis. In addition to the acquisition of ABN AMRO, which was also suffering losses, it is expected to lose up to 25 billion pounds for the whole year, and it almost died.

   At a critical juncture, the British government injected capital into it, acquired a controlling stake, replaced the CEO, and redesigned its development strategy.

   One of the most important strategies is to shrink overseas business and return to and focus on domestic business.

   Against this backdrop, it is not surprising to sell shares in large commercial banks that are thriving in business and located in China, a country less hit by the financial crisis.

   This scene is also very similar to the retreat of private and official enterprises that have made major overseas acquisitions many years later.

   However, unlike those who took over at high positions overseas, and all kinds of clearance sales when the crisis came, Royal Bank of Scotland made a lot of gains in Bank of China.

   Even if the share price of BOC fell a little during the financial crisis, the investment would still not lose money, and even make a small profit.

In December 2005, it was led by Royal Bank of Scotland and formed a joint consortium with five institutional investors including Merrill Lynch, UBS, Temasek, Asian Development Bank, and Lai Wong Tai Foundation. It invested US$3.1 billion to subscribe 20.943 billion H shares of Bank of China at a cost of about HK$1.135 per share, accounting for 8.25% of the total share capital of Bank of China.

   Among them, the Royal Bank of Scotland itself invested about 1.6 billion US dollars in the consortium, corresponding to holding 10.809 billion shares of Bank of China, accounting for about 4.26% of the total share capital of Bank of China.

   Today, the share price of Bank of China is still hovering above 2 Hong Kong dollars, and the book floating profit of Royal Bank of Scotland is about double.

   However, this batch of stocks has a three-year lock-up period and will not be lifted until December 31 this year. .

   At that time, whether the stock price still has 2 Hong Kong dollars, it is uncertain.

   Therefore, Xia Jingxing and Hearst only negotiated an acquisition framework agreement, and the specific price will be subject to the next round of negotiation based on the current stock price two months later.

   In addition to the 10.809 billion shares of the Royal Bank of Scotland, the five major institutions including the Li Huangtai Foundation also hold about 10 billion shares, of which the Li Huangtai Foundation holds about 5 billion shares.

  Xia Jingxing is also not sure whether Li Huangtai will sell some of the shares of BOC.

   He guessed that there is a high probability of it! After all, the cash in the hands of the old cucumber has been consumed so much at once, and it is in urgent need of replenishment.

   It can also be seen from here that the Li Huangtai family is indeed a cunning rabbit, and even the Bank of China, which is on the same day as the country, holds so many shares.

   However, even if Li Huangtai intends to sell the stock and is willing to sell it to Vision Capital, Xia Jingxing will not take his offer.

  Because the good leader Lou Wei found him some good targets.

   Bank of America intends to sell H shares of CCB.

  JP Morgan intends to sell the H shares of China Merchants Bank.

  Goldman Sachs, Allianz Group, American Express intend to sell H shares of ICBC.

   Citi intends to reduce its holdings in Pudong Development.

  …

  Except for the Agricultural Bank of China, which has not yet been restructured and listed, the stocks of other large commercial banks have all appeared neatly in the list of foreign banks to reduce their holdings.

  Under the financial crisis, large multinational banks in Europe and the United States have been bleeding profusely. In addition, the investment in Chinese banks a few years ago has almost reached the harvest period, so this round of withdrawal of foreign banks will soon begin.

   The major shareholder of the four major banks is called Central Huijin, which is a wholly-owned subsidiary of CIC Group. Therefore, CIC undertakes the important task of stabilizing the market after the withdrawal of foreign capital.

   When the time comes, the CIC will take over, and at the same time, Lou Wei also pulls in Xia Jingxing to play for the country together.

   However, Xia Jingxing did not reject all the banks. He only needed the stocks of the three major banks, China Construction Bank, China Construction Bank and China Construction Bank, and at most one China Merchants Bank.

   The stocks of these four major banks are eaten by two semiconductor industry funds with a scale of 100 billion. First, it can relieve the market selling pressure caused by the withdrawal of foreign capital, and secondly, it can make a medium- and long-term stable financial management for several years.

   A few years later, when the capital pool of the two funds gradually bottoms out, they will eventually sell these bank stocks and exchange them for cash to invest in the semiconductor industry.

  Since Allin Semiconductor is chosen, it will never be discounted.

   However, their withdrawal actions will be orderly, and they will not leave like foreign capital, and they will not take into account the violent fluctuations in the market at all.

   This is a friendly cooperation between them and CIC, and CIC will give back to Vision Capital in other places in the future.

   Having said that, it is a pity to just sell the stocks of the four major banks, but there are still plenty of opportunities to buy them back in the future.

   It’s just the time to buy back, it may have to wait until he wants to retire.

   In addition to talking about the Bank of China stock, Xia Jingxing also told Hearst about the Liverpool Club.

   When Xia Jingxing praised Liverpool as a football club with a glorious history, and the results of the competition should not stop at the status quo, Hirst immediately heard the song and knew the elegance.

   Isn't it just drawing a ladder!

   This kind of thing they are best at, because they often do it, they have almost become a craftsman.

   It was a trivial matter, and Hirst patted his chest to express his position on the spot, and it was all on him.

  Xia Jingxing was very happy, knowing that this was basically done.

   In corporate acquisition operations, European and American capitalists are accustomed to making a fuss about debt.

   And the Royal Bank of Scotland, as a big creditor of Liverpool Club, wants to get control of this club, or it is easy to dispose of it.

   But after all, it is a modern civilized society, and it is not necessary to take and rob, and some processes that comply with commercial laws still need to go through.

   Therefore, Xia Jingxing needs to wait a bit before he can get control of Liverpool.

   He is not in a hurry about this, anyway, this season's Premier League has already started a quarter of the game, and it will have little effect when he starts a few months early and a few months later.

   He gave the two old men a chance, but they had to die.

   Then we can only send a powerful thug like the Royal Bank of Scotland to fight evil with evil!

  …

  …

   After arranging all the matters on the UK and European side, Xia Jingxing embarked on a journey back to China.

  At noon, the plane landed at the Capital Airport.

  Xia Jingxing led the group out of the airport when they were surrounded by a group of reporters who appeared out of nowhere.

  The big battle, if you don't look at the equipment in their hands, you would think it was some fangirl chasing traffic stars at the airport.

   "Mr. Xia, can you tell us about the case of public air pressure?"

   "Yes, Mr. Xia, you have greatly increased the prestige of our Chinese people this time! In the past, foreign financial giants have always harvested our Chinese companies. It is rare for the Chinese to clean up the foreign capital in turn."

   "Mr. Xia, can you tell us a little bit about the profitability of Envision Capital's investment in Volkswagen? Is it really 10 billion euros?"

  …

   A group of Yingying Yanyan held the microphone and kept squeezing in front of Xia Jingxing, and the wall of bodyguards was constantly swaying.

  Xia Jingxing did not expect that he would be blocked by reporters when he got off the plane.

   He was a little curious, how did they know their itinerary?

  Thinking of this, he smiled and said, "Everyone keep in good order, I can accept your interview, but you have to answer me a question first."

   "Mr. Xia, please speak."

   "Thank you Mr. Xia!"

  …

  The female reporters had sweet mouths, and they all looked at Xia Jingxing with smiles like flowers, and their eyes became more and more hot, which made Xia Jingxing a little bit unbearable.

   Why are they all pretty female reporters? Just use this to test the cadres?

   To be honest, he still likes to be interviewed by pretty female reporters.

  Man, no one does not like to receive praise and admiration from the beautiful opposite sex.

   Alas, it is estimated that this advantage in him was secretly observed by the major media, and then came the right medicine.

   "How do you know that I'm going back to China today? Can it be counted?" Xia Jingxing asked the doubts in his heart.

   "Hey, Mr. Xia, didn't you post on Facebook and Weibo? Say you will be returning to China next week! Today is Monday. We will come to the airport early this morning and wait for your triumphant return."

  Xia Jingxing smiled, it turned out that he had voluntarily exposed it, and it seemed that he would have to post less of these things in the future.

   "Do you reporters want to be so exaggerated? And you're still on Facebook, what do you call it, it's called "climbing the wall and peeping at boys".

   Also, what if I don't return to China until Sunday? Aren't you waiting in vain? Don't do this kind of thing next time. If you want to interview me, send a letter directly to our company's PR department. "

   "We won't wait in vain, we are all ready to wait for a week! Anyway, the editor-in-chief gave us a death order, we must meet you as soon as possible, and then get first-hand interview materials."

  …

   After bragging for a while with these youthful and nice-spoken female reporters, Xia Jingxing accepted their interview seriously.

   "Yes! Vision Capital has indeed done more than Volkswagen, and the profit scale, as you might guess, has exceeded 10 billion euros."

   After hearing Xia Jingxing's own admission, there was an exclamation at the scene.

Some female reporters have also interviewed a large number of big entrepreneurs, but within a few days, they have earned an entrepreneur who is about "the worth of one of China's richest men". I have never interviewed or even heard of it before. pass.

  Because of this, so many reporters came to watch Xia Jingxing.

  Although the mass air squeeze occurred in Europe, its impact has long spread to China.

  Before Xia Jingxing, there had never been such a financial tycoon who was able to conquer and fight well.

  The so-called financial tycoons in China can only play and deceive the feelings of retail investors.

   Xia Jingxing was an international scumbag who went overseas, and he trained more than 100 hedge funds and institutions at one time.

   I also filmed Li Cucumber once before, during which I did not accept any media interviews.

   In addition, this year's Forbes China Rich List was officially released three days ago.

   Last year's second rich Xia Jingxing regained the throne of the richest man from Miss Yang, with an estimated worth of 100 billion RMB.

  Er Fu is Liu Yongxing, the founder of Oriental Hope Group. His worth is 20.4 billion, only one-fifth of Xia Jingxing's.

   The "Hurun" China Rich List released a month earlier than "Forbes" is even more outrageous. Xia Jingxing's worth is estimated at 150 billion yuan.

  Er Fu is the boss of Gome Huang, worth 43 billion, less than a fraction of Xia Jingxing's worth.

   When the two lists were released, because Xia Jingxing was abroad, he only looked at the two rich lists sent by the two organizations and put them in the drawer at will. He didn't take it to heart.

   In his opinion, both institutions are blindly assessed.

   Because his wealth is now hidden deep.

   Even without taking the most complicated Vision Capital into the calculation, the equity structures of several other large group companies are intricate and complicated, and ordinary people and institutions cannot understand the situation at all, and can only make guesses based on public financing news.

  The female reporters came up with excitement, and soon asked Xia Jingxing's opinion on "topping the two richest lists".

   "Actually, these wealth are mostly paper wealth. For example, the outbreak of the financial crisis that affects the world now, many rich people, including my own industries, have been greatly affected.

  In my opinion, as an entrepreneur, you should focus your energy and attention on coping with the financial tsunami, rather than just paying attention to the fake name. "

Hearing Xia Jingxing speak so righteously, it seems that he doesn't care about the ranking of the rich list at all, and it is not easy for the reporters to get to the bottom of it. Originally, they wanted to ask "Forbes" and "Hurun" which list is more accurate, but now only He swallowed the words that came to his mouth.

   "Then Mr. Xia, what measures and preparations do you and your company plan or have made in response to the full-scale outbreak of the financial crisis?"

  Xia Jingxing counted with his fingers, "First, we have reserved enough cash for the winter, I believe it is enough to withstand the global economic winter that may be faced in the future;

   Second, our industrial investment fund intends to provide certain assistance to upstream and downstream partners, and VC and PE funds will also provide corresponding assistance to the invested companies, so that we can overcome the difficulties together;

   Third, we plan to make some investment arrangements against the market, and will seize the opportunity of this window to launch some large projects.

   Fourth, we have full confidence in the country's ability to resist and defuse the impact and impact of the financial crisis, and we are firmly bullish on China.

  …”

   Seeing Xia Jingxing calmly enumerating measures to deal with the financial crisis, every reporter present felt quite emotional.

   Now in the whole of China, only the man in front of him dares to act so forcefully, and invest against the market! Really rich and multi-billion!

   Right now, even the richest Chinese man in the world, Li Huangtai, can’t deal with this financial crisis so easily. He was slapped with blood by Xia Jingxing before, and now he is in the process of clearing and selling real estate in the mainland, and a large amount of cash has been withdrawn.

   "Mr. Xia, what do you think of the four trillion plan?"

  Xia Jingxing glanced at the reporter who asked the question, this question stumped him a bit.

  How can you see it?

   It is seen as a ridge and a peak on the side, with different heights and heights.

   This chapter is two-in-one. I will try to add another chapter to add more updates. Recently, I am very tired. When I write something, I feel sleepy, and I can’t write quickly, which makes everyone wait for a long time.

   (end of this chapter)