Reborn 80s

Chapter 123 Successful Acquisition

Someone ruined my life!

Chen Huaiqing frowned and closed the newspaper. Conian Bank must have been run by now.

Rubbing his forehead, he had indeed planned to release some news to let some people know that there was a problem with Conian Bank, and then run on Conian Bank.

What Chen Huaiqing wants is a small-scale run to put pressure on Li Boyuan.

But it didn't say that if this was the case, just publish it in the newspaper.

After being published in the newspapers, the information spread directly throughout Hong Kong.

Regardless of whether this news is true or not, for the depositors of Conian Bank, going to the bank to withdraw money quickly is the best option.

If the news is false, you will lose some interest at most.

But what if the news is true?

Then something big happened.

Chen Huaiqing thought of the call Sun Congxuan had made to him before and took a deep breath.

Chen Huaiqing dialed Sun Congxuan's office number. He knew that Sun Congxuan must be sitting in the office now.

"It's me, Chen Huaiqing!"

Sun Congxuan waved to the secretary to go out first, and then said: "Did you see the news?"

Chen Huaiqing: "I saw it, why didn't you just say it?"

Sun Congxuan sat back on the chair: "Conian Bank is no longer suitable."

Conian Bank is finished!

Bankruptcy or administration.

For them, it is no longer suitable to acquire Conian Bank.

The most important point is that all small and medium-sized banks on the market today will be affected by Conian Bank.

Just like dominoes, when one falls, it will inevitably affect the others.

Chen Huaiqing's fingertips gently tapped the armrest of the sofa. What he and Sun Congxuan discussed was to get a Connian Bank that was operating normally.

But now, Conian Bank has suffered a run. Although its value has decreased, it will cost a lot to return to normal operation.

Chen Huaiqing: "Has Li Boyuan contacted you today?"

Sun Congxuan frowned slightly: "No."

Do you listen to Chen Huaiqing, or do you want to take down Conian Bank?

"Sister Xuan, do you think he now feels that we deliberately released the news in the newspaper?"

Sun Congxuan: "Nonsense, for sure."

Chen Huaiqing's expression was solemn: "Since we are already evil people in people's hearts, let's be more evil. If he calls, our quotation will not be like this."

"Are you still planning to acquire Conifer Bank?"

Chen Huaiqing: "Why not? In the past, Conian Bank was worth three to four hundred million, but now we can win it at an extremely low price. We can contact other shareholders. Now, we no longer only want the controlling stake, but all

Capital Holdings.”

Li Boyuan only called the next day.

He has searched all over for connections, but now no one is willing to help him.

Even if someone says they are willing to help, they are not willing to help.

Everyone suffered heavy losses in the previous property market crash and stock market, and really had no extra funds.

The most important point is that in everyone's opinion, Conian Bank is completely out of business now.

The situation at this time naturally reminds everyone of the time 20 years ago, when the entire banking industry in Hong Kong also had extremely big problems.

Many banks went bankrupt, and even if many banks did not go bankrupt, their vitality was severely damaged and they had to sell themselves and get married.

Li Boyuan and all the shareholders of Conian Bank are also anxious. If they don't take some action, Conian Bank will definitely not be able to overcome this difficulty.

Major shareholders borrow money from banks, and small shareholders do the same thing.

There is never any way to avoid the problem of related-party loans from bank shareholders.

Becoming a bank shareholder, to put it bluntly, is just to get a better loan from the bank.

How great it is to use bank depositors’ money to develop your own business!

Therefore, within a week, an audit of Conian Bank was completed.

After that, a delivery was quickly completed.

However, the price of Conian Bank has been suppressed to a very low level.

Meta Investment and Elian Group jointly acquired 80% of the shares of Conian Bank at a cost of 150 million.

The additional 10% shares were received from two small shareholders.

These two shareholders have loans from Conian Bank, and they can no longer afford to repay them.

As for the other 20% of the shares...

Chen Huaiqing has to say that some people are really smart.

The shareholders of Conian Bank do not mean that everything is in ruins. The businesses of other shareholders are operating normally and they do not sell their shares.

And he is very optimistic about the development of Conian Bank after Chen Huaiqing and Sun Congxuan took over.

Chen Huaiqing is the boss of Meta Investment, and Sun Congxuan is the chairman of Yilian Group.

If you want to check the performance of Meta investment, you can easily find it.

For the rich, there are many information channels. You can even know the color of the underwear worn by the Governor of Hong Kong just by thinking about it.

Chen Huaiqing was a little disappointed that he did not fully acquire the equity of Conian Bank.

But, I didn't care.

After all, Chen Huaiqing now has absolute control of the equity of Conifer Bank.

As the news of Meta Investment and Elaine Group's acquisition of Conian Bank spread through newspapers, the run on Conian Bank was quickly quelled.

Not many people know much about Meta investment, but Elian Group does.

The king of clothing!

It goes without saying how strong Xiangjiang’s garment industry is. It is the world’s largest garment-producing region.

Also because Xiangjiang is the world's largest garment manufacturer, Xiangjiang is also at the forefront of the world in terms of fashion.

Even if I look at the clothes worn by women in Hong Kong movies today from the perspective of more than thirty years later, I still have a very amazing feeling, and I still think it’s pretty good.

Are you saying that after so many years, fashion has not developed at all?

That's obviously wrong.

It can only explain one thing: Xiangjiang’s fashion industry is at the forefront of the times.

Sun Congxuan was appointed as the chairman of Connian Bank. After taking office, Sun Congxuan carried out drastic reforms.

The first thing to do is to put all middle and senior management on standby and implement competitive recruitment for all positions.

Within the bank, all personnel who feel they have the ability to hold the position can apply for the position.

Sun Congxuan and Chen Huaiqing personally took the lead as interviewers.

Of course, Chen Huaiqing also made some arrangements for the two senior executives of Conian Bank who had previously taken refuge.

Although it is very despicable, people abandon the dark side and turn to the bright side, so they cannot not express it.

Otherwise, who will do the work for you in the future?

Both of them had good abilities and were retained in their jobs, and their salaries were also increased.

Time slowly arrived in July, and the weather became increasingly hot. After some demolition and reconstruction, Conian Bank became stable again.

Regarding the competitive recruitment launched by Conian Bank, it is honestly so shocking in Hong Kong!

However, it also made many people see the development prospects of Conian Bank.

Everyone knows that if an enterprise wants to develop, it must have enough talents.

But now Conian Bank is purely meritocratic!

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