Chapter 433 [Bone Removal Technique]

"There is only 8000 million yuan in the investment department's account, and this money is used to deal with some emergencies." Bai Hui politely refused.

Li Wendi didn't force it. 8000 million yuan wouldn't make much of a difference, so it's better to keep it for emergencies.

Bai Hui rushed in front of Gao Yi and said, "Boss, the banking industry is in a downturn right now. If we take action, we may be able to make a lot of profit. As for the real estate loan, we can completely not accept deposits from depositors, but instead focus on the business of investment companies."

"Then why don't we just open a securities investment company?" Li Wendi asked with a faint smile.

"The securities company will not facilitate our future business expansion, but the bank can fully meet our needs," said Bai Hui.

Li Wendi knew that Bai Hui still wanted to work in banking and finance, not a securities company.

Li Wendi's ideas also began to change. Changxin Group began to stabilize and would not take risks. The excess funds could be invested in banks.

"Okay! Manager Bai, you should start looking for a suitable bank. Our bank does not accept deposits, but only lends money to some high-quality and promising companies. You should receive some financial services in the early stage, and then proceed to the next step when the funds are better." Li Wendi said.

"Yes! I will ask the investment department to come up with a specific plan immediately." Bai Hui said excitedly.

"Boss, I heard that the Overseas Trust Bank has suffered a loss of 28.66 billion yuan and its management is quite chaotic. The bank has a 30-story head office building in Wan Chai, which we may be able to take over," Gao Yi inquired.

The strength of the Changxin Group in Wan Chai is still relatively weak because Admiralty is close to Wan Chai, and the commercial buildings in Wan Chai are not as good as some commercial buildings in Admiralty and Tsim Sha Tsui, so the Changxin Group did not spend much effort in Wan Chai.

The current Cheung Hsin Group has become very powerful in Central, Tsim Sha Tsui, Causeway Bay and other areas, so Gao Yi turned his attention back to the Wan Chai area.

"Is the Overseas Trust Building ready for sale?" Li Wendi asked.

"The Overseas Trust Bank has now been taken over. According to the group's calculations, the Hong Kong government must inject 20 billion yuan to save the Overseas Trust Bank. This is not a small amount of money. I believe the Hong Kong government will not refuse when they hear that we want to take over the Overseas Trust Building in Wan Chai." Gao Yi analyzed.

"According to the current local conditions, how much money will this building require?" Li Wendi felt that he could get it. After all, with Overseas Trust Bank as a big client, the tenants were ready.

Gao Yi pondered for a moment and said, "2.5 to 3.5 million yuan. This range is the reason why there may be competition."

Li Wendi looked at the financial manager beside him and asked, "What does the finance department say? Can this amount of funds be supported?"

"Raising 3 million yuan is not a problem, but we will need a large amount of income to maintain the smooth operation of the group," said the finance manager.

Li Wendi then looked at Zhang Wentao, "Wentao, the residential buildings that the group completed in the past two years must be sold as soon as possible to recover funds. Whether it is the newly acquired Admiralty Section 2 project, or the half-built Central Bus Terminal and Admiralty Barracks projects, they all require a lot of funds."

"Yes, boss! I will urge the sales department to come up with a plan as soon as possible." Zhang Wentao assured.

"We must also step up the property leasing business under the group and reduce the vacancy rate of commercial buildings and shopping malls as soon as possible." Li Wendi continued to give orders.

After the meeting, an unexpected guest arrived in Li Wendi's office. This guest was Li Mingzhi, a wealthy businessman who had made a great name for himself in Australia. He was the owner of the Brilliant Australia Group, but he was not the largest shareholder.

Li Mingzhi's company bone-breaking skills are even more sophisticated than the bone-breaking master Liu Luanxiong in his previous life. For example, Australia's Wormald Company (which produces fire extinguishers) became a shell company within a year, and 6000 million Australian dollars in assets disappeared. Except for the core members, other shareholders suffered heavy losses.

This person used extremely complex and frequent transactions to manipulate even the experienced stock traders. The Australian Securities Commission has suspended the trading of Brilliant Australia's shares and is conducting a hearing.

After Li Mingzhi won the lawsuit against the securities regulatory authorities, he escaped and transferred his assets to Hong Kong.

This means that Li Mingzhi does not plan to return to Australia, but to stay in Hong Kong to develop.

Li Wendi agreed to meet Li Mingzhi, and of course someone would hand Li Mingzhi's detailed information to his desk, so he was very clear about Li Mingzhi's past and deeds, and he also believed that this person was a dangerous person. Since he could provoke the Australian Securities and Futures Commission, he would not let the Hong Kong Securities and Futures Commission go.

Li Wendi still wants to stay in Hong Kong, and of course does not want to offend the CSRC, but that does not prevent them from doing a business, a one-time transaction.

"Hello, Mr. Li! I've long heard of your name!" At this time, Li Mingzhi was 44 years old, in his prime, and full of energy.

"Mr. Li Mingzhi is quite famous in Australia. I have heard of you for a long time." Li Wendi smiled and shook hands with Li Mingzhi.

Li Wendi's words contained a slight warning. Li Wendi was not afraid of Li Mingzhi who had just arrived, but he was worried that Li Mingzhi would play tricks. If he brought trouble to him, it would be a big trouble.

Li Mingzhi heard what Li Wendi meant and said with a smile, "I am here to discuss a deal with Mr. Li. I am very interested in Huamei Real Estate Company, a subsidiary of Ducheng Real Estate Company, and am willing to acquire it at a premium. What do you think, Mr. Li?"

"I have heard the report from Mr. Gao (Gao Yi). Mr. Li's Brilliant Australia Group wants to use Huamei Real Estate Company to list in Hong Kong, but the 2% premium seems not enough." Li Wendi continued, "Huamei Real Estate Company owns two Grade A commercial buildings in Sheung Wan and three commercial buildings in the urban area of ​​Kowloon. The current land market is far less than that of previous years. Selling Huamei Real Estate Company now is a big loss."

"Mr. Li is indeed a big shot in Hong Kong. His words hit the nail on the head." Li Mingzhi knew that Li Wendi had guessed his purpose, so he said bluntly, "Brilliant Australia Group not only wants to go public through a backdoor listing, but also wants to use Mr. Li and Changxin Group's reputation to expand the market. The 2% premium is indeed a bit low. How about a 100% premium?"

Li Wendi smiled and said, "Mr. Li, tell me what you want. There's no need to hide it."

Li Mingzhi laughed and said, "It's so refreshing to talk to Mr. Li. I want to borrow the reputation of Changxin Group."

"How do you borrow it?" Li Wendi asked with interest.

"After acquiring Huamei Real Estate Company, I also want to acquire some properties from Changxin Group. Mr. Li, please help me say a few good words about Huihuang Australia Group to the media." Li Mingzhi then took out a document and handed it to Li Wendi, "This is the acquisition list."

"It seems that Mr. Li is an expert in securities." Li Wendi took the document and said jokingly.

He flipped through the documents and saw that they were all commercial buildings and shopping malls in Kowloon city that were acquired during the real estate market downturn. They were properties that could be sold to the Changxin Group.

(End of this chapter)