Reborn Capital Madman

It is no exaggeration to say that Gao Xian came forward to guarantee that Hui Feng Bank would not be subject to a hostile takeover during the process of canceling the special charter that the shareholding ratio does not exceed 1%, which is equivalent to giving Hui Feng Bank insurance.

The reason for this is not only that Gao Xian is the president of the Hong Kong Monetary Authority, but also that many people have not forgotten that Gao Xian was a banker and business tycoon before he took office. The more important reason is that Gao Xian

The energy includes, but is not limited to, various political resources, such as members of the Trilateral Commission, participants in the Bilderberg Conference, founders of the Asia-Pacific Economic Cooperation, members of the Hong Kong Freemasons, etc.

In fact, Gao Xian is more aware of a key point, that is, accurately grasping the general trend is enough to resolve various resistances.

Take Gao Xian's current efforts to clean up Hui Feng Bank through the Xiangjiang Monetary Authority. Ever since Gao Xian entered this time and space, Hui Feng Bank's strength is now at its lowest point, and it can be said to be extremely weak.

There is also an ironic aspect. The senior management of Hui Feng Bank thought that Hui Feng Bank’s previous low points, such as the impact of the global stock market crash of Black Monday in 1987, could be regarded as low points and that they had weathered it safely. As a result,

Now that more and more negative factors have been added together, pushing Huifeng Bank to a new historical low again, it is a bit exhausted. One reflection is that Gao Xian cannot see any new tricks.

As for the poor performance of Hui Feng Bank, he argued that once the special charter such as the shareholding ratio of no more than 1% is cancelled, it will face a great risk of being forcibly acquired. Can Gao Xian not see that Hui Feng Bank is

Are you stalling for time, waiting for London to intervene?

But Gao Xian has this self-confidence. The regulatory agencies gave Huifeng Bank time and opportunity to make representations, allowing the outside world to see that he had done his best.

It is widely recognized by the outside world that Gao Xian came forward to guarantee Hui Feng Bank against hostile takeovers. Financial media have pointed out that Hui Feng Bank has a market value of nearly 100 billion. With the current level of perfection of Hong Kong’s securities industry laws, it is difficult for such a huge company to

It is extremely difficult for a listed company to initiate a forced acquisition.

Moreover, it is difficult for capital market operations of this level to bypass the circle of investment banks. The slightest disturbance is enough to arouse vigilance.

As a result, everyone was patiently enjoying Huifeng Bank's performance, and at the same time secretly speculated on what would happen when the two weeks of rectification time given by the Hong Kong Securities Regulatory Commission ran out.

Yuan Tianfan, who has been promoted from the vice chairman of the Hong Kong Securities Regulatory Commission to the chairman of the Hong Kong Securities Regulatory Commission, came to ask Gao Xian for instructions on this, "Two weeks are fleeting. Based on the feedback I received, it can be judged that Huifeng Bank has not canceled

He plans to provide special treatment and is still planning to muddy the waters, possibly by stopping cash dividends to stir up as many interest-sensitive points as possible."

Gao Xian smiled, and first reiterated the general principle of cleaning up Hui Feng Bank, "The Hong Kong Monetary Authority can indeed use a multi-pronged approach to regulate Hui Feng Bank, from the aspects of securities industry supervision, banking industry supervision, central settlement system, etc.

Let’s attack Hui Feng Bank together.”

"Taking into account the free atmosphere of the Heung Kong International Financial Center, it would be best if Yun Danfeng could handle it lightly. For example, within the scope of securities industry supervision, Huifeng Bank should be obedient."…

Yuan Tianfan understood this clearly, "For Huifeng Bank to challenge the authority of the Hong Kong securities industry, the Hong Kong Securities Regulatory Commission will impose heavy penalties. However, based on the development history of the Hong Kong securities industry over the years, there is no good operational reference standard for this scale."

Gao Xian said leisurely: "Since Huifeng Bank has been stuck for so many years, and the investor's shareholding ratio cannot exceed one percent, then you might as well consider the percentage of Huifeng Bank's market value, and don't get hung up on the specific fine figure. Big or small, we should see how many eager imitators follow Huifeng Bank and how many people are happy to hear that Huifeng Bank has canceled its special treatment."

Yuan Tianfan, who knew what he was doing, asked again: "As for Hui Feng Bank's plan to cancel cash dividends, will the Hong Kong Securities Regulatory Commission make a targeted response?"

"Listed companies have their own reasons to decide how to distribute dividends. If the Hong Kong Securities Regulatory Commission takes action rashly, it will easily involve other listed companies and distract the firepower. In this way, they will fight theirs and we will fight ours." Gao Xian opened the drawer and seemed to After flipping through it, he took out a folder and handed it to Yuan Tianfan,

"There is a report here. The executives of Huifeng Bank are lavishly spending money in London. I wonder if, as a listed company, the expenditure data on Huifeng Bank's financial statements are truthfully reflected!"

Yuan Tianfan carefully looked through the documents, photos, bills, etc. in the document bag, and the look on his face became meaningful.

…

Just as the two-week deadline was about to end, Huifeng Bank suddenly issued a formal announcement and made a preliminary decision that due to the deterioration of the operating environment faced by the group, the originally expected cash dividends for the four financial quarters of this year have been cancelled.

Not to mention, Huifeng Bank’s move did create some commotion.

Big blue-chip stocks like Hui Feng Bank have limited growth and mainly attract and please investors through cash dividends. However, in the more than ten years since the 1980s, when Hui Feng Bank paid dividends, it had only paid dividends for two years. The first time they adopted the method of allotment of shares was in 1919 and 1987, and the rest were in the form of cash. As a result, many investment portfolios regard Huifeng Bank's stock as a component with stable income, and the private sector also There is an auspicious saying "Christmas bell, buy Huifeng".

Now, Hui Feng Bank has announced that it will not distribute cash dividends, which has indeed aroused some interest-sensitive nerves, and some voices have even emerged. Hui Feng Bank has given the reasons. The operating environment it faces has deteriorated. Should regulatory agencies What about letting go?

As a result, the Hong Kong Securities Regulatory Commission not only ignored this issue, but also came out with even more sensational news.

The Hong Kong Securities Regulatory Commission announced that Hui Feng Bank turned a blind eye to the rectification opinions of the securities industry regulator, and communication between the two parties was fruitless. It has now decided to impose a fine of 8 billion Hong Kong dollars on Hui Feng Bank.

Regarding this astronomical figure, not to mention the executives of Huifeng Bank, they thought their eyes were dazzled. Even the reporters thought they had made a mistake and went to the Hong Kong Securities Regulatory Commission to confirm.

The Hong Kong Securities Regulatory Commission gave an explanation. Yes, this fine figure is based on the lower line of 10% of Hui Feng Bank's market capitalization. The calculation logic is so simple, how could it be wrong? And we have been merciful. is offline.

Now that the numbers are correct, all parties can react as they please.

For example, the media started shouting that eight billion Hong Kong dollars, converted into more than one billion U.S. dollars, set a global record, right?

Hui Feng Bank was furious. How could they impose such harsh penalties and rob money? They can’t afford it! Didn’t you see that even cash dividends were cancelled?

The Xiangjiang Securities Regulatory Commission refutes it confidently, looking at the lavish behavior of your executives, it doesn’t look like you can’t get cash dividends! Since you can’t explain clearly, the regulatory agency requires you to disclose some financial data...

Jie Zuo