Chapter 502 501 Asia’s largest investment bank

  This time I made another 20 billion Hong Kong dollars, which made Wang Guanxi happy.

  Currently, the cash flow of black shirt hedge funds is as high as 60 billion Hong Kong dollars, which is extremely large.

  Huang Shaokai said excitedly: “BOSS, Lyon International Investment Bank, Dao Heng Asset Management Company, and Bank of Central Asia in Indonesia have all liquidated their positions on the Hang Seng Index.”

  Wang Guanxi asked: "How much did their three financial institutions lose?"

  Huang Shaokai: "Losing 8 billion, 6 billion, and 10 billion respectively"

   Zhang Dexi said excitedly: "Boss, they're done."

   Wu Zhankun: "BOSS, we can buy them all"

  Wang Juehao: “The three financial institutions no longer have any self-operated assets, and they are still in debt.”

  Bai Weiqiang echoed: "Now is a good opportunity to acquire them"

  Wang Guanxi nodded: "Then make an offer to them"

  "Yes, BOSS" In the following days, Wang Guanxi's Ma Zai began to negotiate with Lyon International Investment Bank, Daoheng Asset Management Company, and Indonesia Central Asia Bank.

  Finally, the negotiation with Crédit Agricole Group was successful. The Black Shirt Investment Bank acquired the Lyon International Investment Bank, which it controls, for HK$3 billion, and assumed the debt of HK$3 billion of Ang International Investment Bank.

  After the Black Shirt Investment Bank annexed the Lyon International Investment Bank, the assets of the securities department reached 600 billion Hong Kong dollars, making it one of the largest investment banks in Asia.

  After the acquisition of Lyon International Investment Bank, Black Shirt Investment Bank successfully negotiated with the Kadoorie family in Hong Kong and directly acquired Daoheng Asset Management Company.

  This makes the customer assets of the investment management department of the Black Shirt Investment Bank up to 200 billion Hong Kong dollars.

  This acquisition of Daoheng Asset Management Company spent another 2 billion Hong Kong dollars and assumed the debt of Daoheng Asset Management Company of 2 billion Hong Kong dollars.

  Of course, Lyon International Investment Bank and Heng Asset Management also have a lot of fixed assets. They spent 5 billion Hong Kong dollars on acquisitions and assumed 5 billion Hong Kong dollars in debt, which is not bad.

  The black shirt investment bank did not have that liquidity, so the black shirt hedge fund distributed 5 billion Hong Kong dollars in dividends to pay transaction fees.

  The remaining 5 billion Hong Kong dollars of debt is borne by the Black Shirt Investment Bank itself.

  Now the Black Shirt Investment Bank has become the largest investment bank in Asia, with customer assets of up to 600 billion Hong Kong dollars, which is 77.4 billion US dollars.

  The Investment Management Department also manages 200 billion Hong Kong dollars in assets, which is 25.8 billion US dollars. This is a wealth management investment on behalf of clients. The management fee is 0.5 to 1% per year, and the profit is divided by 20%.

  Actually, the total assets of the Blackshirt Investment Bank have exceeded 100 billion U.S. dollars. The 100 billion U.S. dollars of customer assets will bring a steady stream of income to the Blackshirt Investment Bank.

  The 5 billion Hong Kong dollar debt of the Black Shirt Investment Bank will soon be paid off.

  Nipponbenz’s largest Murano Securities is not as high as the Black Shirt Investment Bank, but Murano Securities has more self-operated assets.

  Luo Baowen said excitedly: “BOSS, our black shirt investment bank has become the largest investment bank in Asia, with business covering all parts of Southeast Asia”

  Now that the Black Shirt Investment Bank has acquired two large financial institutions, its business has spread throughout Vietnam, Laos, Cambodia, Myanmar, Thailand, Malaysia, Singapore, Indonesia, the Philippines, Brunei, and Dongdi.·

  Wang Guanxi nodded with satisfaction: “Operate the securities industry well, earn commissions every year, and share with customers. In the future, the self-operated business of the Black Shirt Investment Bank will be minimized.”

  Currently, as long as Heishan Investment Bank does not incur huge losses in its self-operated business, it basically collects commissions steadily. Of course, if it helps customers make money through investment and financial management, there is also profit sharing.

  Thinking of this, Wang Guanxi continued: “Market business will be the focus in the future, and the focus of the Black Shirt Investment Bank will be on the Investment Banking Department, the Securities Department, and the Investment Management Department."

   "Yes, BOSS" Luo Baowen quickly wrote down and waited for the next notification.

  At this time, Huang Shaokai came and said: "BOSS, the people from Indonesia Central Asia Bank are here, Huang Fengling, Lin Yongfu wants to see you in person"

  Wang Guanxi said, "Let this couple come to my office."

  "Yes, BOSS" and then Huang Fengling, Lin Yongfu came to the office.

  The two came to reconcile with the Black Shirt Consortium.

  Facing the pressure of the black shirt consortium, coupled with serious losses in the financial market, and the betrayal of business allies, the Huang Fengling family's industry has suffered terrible losses.

  "Mr. Wang, I used to be wrong. I hope you don’t target our family business anymore."

   "Mr. Wang, we plan to sell Indonesia Central Asia Bank to you this time, everyone reconciles"

  The couple's posture is very low.

  Malaysian Public Bank has been taken down by the Black Shirt Consortium. The Zheng Yufei family has also joined the Black Shirt Consortium and cooperated with the Black Shirt Consortium to crack down on their industry in all aspects.

  Wang Guanxi smiled and said: "Both of them are gone, let's talk about cooperation."

  Successively blocked opponents in the financial market, coupled with industrial blows, finally disintegrated the opponent's alliance.

  Then Wang Guanxi directly redeemed all of the 55 billion Hong Kong dollar funds of the black shirt hedge fund to the parent company Heishan Group, and then the Heishan Group acquired the equity of Indonesia Central Asia Bank at a price of 5 billion Hong Kong dollars.

  The total assets of the Indonesian Central Asian Bank are as high as 80 billion Hong Kong dollars if calculated in Hong Kong dollars.

  The Huang Fengling family also holds 30% of the equity, and they jointly run the bank.

  If it is not for the lack of money, the Huang Fengling family will not sell the control of Indonesia Central Asia Bank.

  Then everyone put pressure on the Cheng and Huang consortiums in Hong Kong.

  Zheng Yuanfeng and Huang Zhiyu went through a series of failures and the consortium was in crisis. They were already afraid of the black shirt consortium. After many days of negotiations, they reconciled.

  Wang Guanxi then put out 50 billion Hong Kong dollars.

  Injected HK$24 billion into Sino Land Group and Sha Tsim Tsui Land Group, which are under the Wong family.

  Injected 26 billion Hong Kong dollars into the New World Development Group under the Zheng family.

  Black Shirt Group holds 40% of the shares of Sino Land Group, Sha Tsim Tsui Real Estate Group and New World Development Group.

  The Huang Zhiyu family only holds 20% of Sino Land Group and Sha Tsim Tsui Land Group.

  The Zheng Yuanfeng family holds 25% of the shares of New World Development Group.

  New World Development Group also holds 50% of the shares of Chow Tai Fook Jewelry Company, which is controlled by New World Development Group.

  However, the Heishan Group is the largest shareholder of the New World Development Group, holding 40% of the shares. In the New World Development Group, the Heishan Group has said it.

  Wang Guanxi used 50 billion Hong Kong dollars to annex the precarious and debt-laden Huang’s consortium and the Zheng consortium.

  (End of this chapter)