The penniless son of the penniless ...
Chapter 297 Li Jiacheng's Actions
Chapter 297 Li Jiacheng's Actions
Jin Zhengtai also quite agreed with what Zhang Junfeng said, "Please rest assured, President Zhang, we are well aware of these things and will let those little guys work in accordance with the bank's management system~!"
Today, KB Bank has been able to revive and reverse its previous decline to hold huge cash flow. All this is inseparable from the full support of the big boss Zhang Junfeng. Now they have the opportunity to "inherit their father's business" and pass on this well-paid job to their younger generations. Naturally, they hope that KB Bank will continue to grow and prosper. Only in this way can the interests of all of them be guaranteed.
Seeing Jin Zhengtai's happy agreement, Zhang Junfeng also relaxed and leaned on the sofa to continue smoking. In the following half an hour, the two chatted for a while and inadvertently talked about those companies that came to them to apply for loans.
However, KB Bank’s loan application review is very strict. Usually, out of a dozen companies, only one or two may meet the loan requirements, provide corresponding asset mortgages and get the loans, while other companies can only watch with envy from the sidelines.
Zhang Junfeng laughed, and was also happy to see such a situation. Wasn't it that the banks in Goryeo were completely dragged down by those companies' frequent loans and failure to conduct relevant loan reviews?
Now KB Bank is owned by Comet Capital. If you want to get a loan, you must follow the rules they set. As for the rules and regulations of the Blue House, you can take care of it if you are in a good mood. If you are not in a good mood, even if the other party finds senior officials from the Blue House, it will not be effective~!
------Dividing line------
Half a month later, Hutchison Whampoa Building in Hong Kong.
Sitting in his office, Li Ka Shing listened to his trusted subordinates reporting to him the fierce "battle" in the European telecommunications market. In order to compete for each other's users, Vodafone and Mannesmann used various means and promotional activities.
Li Ka Shing was also excited about this "good situation". He pushed up his glasses and said firmly, "It seems that the best opportunity we have been waiting for two years has finally arrived! We can spread the word in Europe that Hutchison Whampoa is willing to sell all the shares held by Orange Telecom. Anyone who is interested in acquiring it can contact us!"
Hearing what Li Ka Shing said, his trusted subordinates also showed joy on their faces. Being familiar with the current situation in Europe, he naturally understood that once this news was released, both Vodafone and Mannesmann would inevitably bid for Orange, which ranked third in market share, and they would become the big winners in the end because of the competition between the two sides.
"...Okay, I'll notify them later and spread the news as soon as possible! By the way, the share prices of both Mannesmann and Orange have risen in the past two days. There may be other forces acquiring the stocks of the two companies. Should we investigate?" The quick-witted and trusted subordinate quickly thought of another thing.
"Are there other companies buying Mannesmann and Orange's shares?" Li Ka Shing pondered for a moment after hearing the news, and then quickly gave his opinion, "Don't worry about it. No matter who is buying the shares of the two companies, there is no conflict of interest for us!"
"Besides, it's a good thing for us if someone acquires us and helps us raise Orange's share price, isn't it? Whether it's Vodafone or Mannesmann, if they want to take over the operating rights of Orange, they will have to pay a higher price!" Li Ka Shing's somewhat old face was filled with a bright smile.
In the eyes of a "wise man" like him, as long as the interests of both parties do not conflict, they can cooperate and even use each other, as long as the final result is beneficial to them. After hearing what Li Ka Shing said, his trusted subordinates were completely relieved. After saying hello to Li Ka Shing, they hurriedly left the office.
……
"Someone is buying shares of Mannesmann and Orange? Could it be that someone has noticed something fishy? This makes me curious. Who is behind this?" Li Ka Shing changed his previous confidence and looked a little solemn.
You have to know that Hutchison Whampoa had laid out its plans for the European telecommunications industry several years ago. The reason why the European telecommunications industry has the trend of fierce competition today is that he has been behind the scenes fueling and gradually guiding it. He originally thought that he could make huge profits from it without making a fuss, but now it seems that in addition to Hutchison Whampoa, other forces have also discovered the situation in Europe and started to bet in advance!
However, in Li Ka Shing's eyes, those who have huge cash flow and can stir up trouble in the European stock market are most likely several major financial giants on Wall Street in New York, or they may be local European financial institutions that want to take advantage of the situation and get a piece of the pie.
As for other institutions, even if they have such foresight, they may not be able to come up with so much money to invest in Orange and Mannesmann in a short period of time. After all, the market value of each company is over 10 billion euros. If they only invest tens or hundreds of millions of dollars, they may only have the opportunity to stand in the corner and enjoy the benefits~!
……
European market, Vodafone headquarters.
President Gerry Winter's face was quite ugly at the moment. He never thought that Mannesmann, who he had not taken seriously at the beginning, would expand extremely in the past two years and become their main competitor. According to the internal meeting of the company's top management, if they want to enter the United States and even Asia, they need to complete the unification of the European market first.
After all, if they rush into overseas markets before they have completely conquered the European market, it is very likely that their "base camp" will be stolen by their competitor Mannesmann, which is something they don't want to see!
"Boss, according to the latest news we've heard, Orange Telecom has announced that their major shareholder is interested in selling all of their shares. Should we contact them?" The speaker was Dwight Black, the head of the marketing department. He accidentally learned this inside information when he was discussing things with his friends outside these days.
"The major shareholder of Orange Telecom wants to sell all the shares?!" Gerry Winter was shocked. He never expected that he had been busy competing with his old rival Mannesmann during this period and completely ignored the existence of Orange, the smaller brother that ranked behind them.
(End of this chapter)
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