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Comeback 1992 - Chapter 735

Published at 17th of February 2023 06:58:58 AM


Chapter 735: THC Bank

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  Chapter 735 THC Bank

  Han Songlin thought about it seriously. He had spent a lot of time in Xiangjiang. He really didn't pay attention to those small banks in normal times. Small banks, maybe they will go bankrupt at any time.

   "I've never heard of this bank!"

   Tang Yan smiled and said, "Because this bank is a small bank."

   "Small bank, what is the use of your acquisition?"

   "Small bank, easy to control! Moreover, this bank has something to say."

   Could it be that the shareholders behind this bank are very powerful?

  It’s really powerful, so it shouldn’t be possible to sell the bank. The bank is a very profitable business.

   "What kind of explanation?" Han Songlin was really curious about what else a bank could say.

   "So this bank is called Sun Hung Kai Bank!"

  Sun Hung Kai Bank, formerly known as Sun Hung Kai Finance, was upgraded to a licensed bank in 1982.

  In the 1980s, due to the collapse of real estate and bank runs, there was also a run on Sun Hung Kai Bank in 1983.

  In May 1985, Arab Bank acquired 75% of the shares of Sun Hung Kai Bank, and then changed its name to Hong Kong Base Bank.

  In 1990, Arab Bank acquired the remaining 25% of the shares to achieve a wholly-owned holding.

  In 1993, Huaguo Daguang Group acquired 20% of the shares from Arab Bank, and Hong Kong-based Bank was also listed on the Hong Kong Stock Exchange in the same year.

  This bank still has such a history, it was really unexpected.

   "How much did the entire acquisition cost?"

   "Four billion! Controlled 80% of the shares."

  Han Songlin asked strangely: "Why not 100% of the shares?"

   "Because there is still 20% of the shares in the hands of a central enterprise Daguang Group."

  Hong Kong Base Bank is a listed company, and THC Investment has acquired 55% of the shares from its largest shareholder, Arab Bank.

   Then directly announced the privatization, and quickly completed the delisting.

  After the delisting was completed, THC Investment directly changed the name of the bank to THC Bank, and then re-enabled new icons and the like throughout Xiangjiang.

   As for the customers of the original bank, THC Bank really doesn't think much of it.

   "In the hands of central enterprises? Do you want to?"

  Han Songlin understood what Tang Yan wanted to do.

  THC Investment obviously wants to take full control of this bank so that it can do some things conveniently.

  But now, the bank has a shareholder who holds 20% of the shares, and the shares in the hands of this shareholder are not easy to get.

   Don't even think about using means or something.

  Tang Yan: "Uncle, go talk to him!"

  Han Songlin didn't speak immediately, but sat down on the sofa on the windowsill.

   Suddenly laughed, Han Songlin said: "I don't need to worry about this part of the shares. It is the business to develop the bank well. As for other things, it is not so important."

  THC Bank has a strong shareholder, which is also a good thing to a certain extent.

  Compared to the fact that the People's Bank is not under the control of its operations, THC Bank is entirely under the control of THC Investment.

  As one of the three major financial centers in the world, Xiangjiang has a controlled bank, so it can do many things.

  First of all, the secrecy of fund scheduling is much stronger.

  In the past, THC invested in global capital allocation, mainly with the help of some global banks.

  Small funds are okay, but when the funds are large, problems will naturally begin to appear.

  THC investment urgently needs a bank under its own control.

   Acquired Hong Kong-based Bank, and then directly changed its name to THC Bank. In addition, THC Investment is also planning to inject capital into THC Bank to expand its business scope and develop its business in Southeast Asia, island countries, South Korea, Africa and other countries.

  As for talking about Europe and the United States, of course you have to go.

  Tang Yan frowned involuntarily, and looked at Han Songlin seriously with her beautiful eyes. She always felt that Han Songlin was sometimes too naive.

Seeing Tang Yan's appearance, Han Songlin couldn't help rubbing her hair; Tang Yan didn't have any dissatisfaction with Han Songlin's actions, just like a kitten, she let Han Songlin do what she wanted, even with a smile on her pretty face. enjoy.

   "Hua Guo will soon join the WTO, you know?"

  Hua Guo's accession to the WTO?

   From this point on, starting from May of this year, the footsteps of joining the WTO have become louder and louder.

   Also because of the expectation of joining the WTO, the bull market in Huaguo was directly terminated, and the stock market has since turned from bull to bear.

   "Hmm!" Tang Yan changed a comfortable position and leaned against Han Songlin's arms. She wanted to know what Han Songlin was going to say.

"The United States allows Huaguo to enter the WTO, so it will inevitably open up the financial industry in Huaguo. The entry of foreign banks into Huaguo will inevitably become a reality. Naturally, THC Bank can also enter Huaguo. At this time, there is a powerful major shareholder. , is a good thing."

  Tang Yan really wants to say that she was never prepared to let THC Bank enter the country.

  What she wants is that THC Bank can become a financial tool for THC to invest in the world.

   However, entering the domestic banking market seems to be very good!

   "Then, I asked THC Bank to formally apply to open a branch in the Mainland?"

  Han Songlin: "You can apply for a try!"

  Speaking, Han Songlin was not sure whether THC Bank could apply for it.

   After all, everyone knows the relationship between THC Investment and Han Songlin.

   "Aside from banking, what else has THC investment been doing lately?"

  Tang Yan proudly said: "I didn't do anything else, I just got all the various financial licenses."

  The most important financial licenses are banks, securities companies, insurance, funds, trusts, etc.

  Anyway, all THC investments have been won.

  Above trusts and funds, THC investment is doing quite well.

  When most THC investments are made, they invest in the mainland. These investments include not only THC investment’s own funds, but also trust funds and wealth management funds.

   In terms of earning power, THC Investment is the most powerful financial investment company in Hong Kong, so no matter the rich or ordinary citizens, they all hand over their money to THC Investment for management.

  Han Songlin didn't say anything, he didn't want to say anything more about the development of THC investment.

  Liu Yuyan came in at this moment, with two cups of cold drinks in her hand, and seeing the two hugging each other, she couldn't help but rolled her eyes: "It's not too hot for you to look like this!"

  Although it is already October, the temperature in Ashan is still 20 to 30 degrees.

   Tang Yan got up with a smile and took Liu Yuyan's cold drink, tasted it all, and gave the one that didn't taste good to Han Songlin.

  Han Songlin took a sip from the straw. The straws are still made of plastic and have not been replaced with paper ones.

   "Where are the kids?"

   "I'm changing my swimsuit, and I'm arguing to go to the beach to play." Liu Yuyan said, looking very helpless, the spirits of the little guys are really good.

   If you want to go to the beach, go for it!

   Anyway, just play.

  Looking at the beach not far away, the beach at this time is not full of tourists.

  (end of this chapter)




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