Li Mingsi was almost angry to death, thinking that if it wasn’t for you, Chen Fang, giving Mommy advice, would my family let me out to work to make a living? Everything that happened today is all because of you, the culprit.

At this moment the shop owner also came out, because Chen Fang just called the boss…he thought something happened. Although his shop is a small one, he still pays attention to the customers’ issues.

“Two handsome men and two ladies, do you know what our clerk did to offend you just now?”

Chen Fang shrugged: “No, she and I are old acquaintances, so I came to see her today.”

The boss nodded, thinking he had guessed something, and after telling Li Mingsi a few words, he went to the kitchen to cook….

Li Mingsi glared at Chen Fang and Guan Lin who were eating, then went back to her work.

The two of them didn’t stay long after their meal. They left the store talking and laughing. Not long after they left, Li Mingsi went to the store owner to submit his resignation, feeling that he could no longer stay there.

The shop owner looked at Li Mingsi with complicated eyes and said, “It’s normal for young people to break up. I guess the other party won’t come again.”

Obviously the shop owner misunderstood and thought Chen Fang was Li Mingsi’s ex-boyfriend. Otherwise, why would he be in such a hurry to leave?

It’s because I’m afraid that Chen Fang will come again next time.

Li Mingsi knew that the boss had misunderstood, and quickly explained: “Boss, you misunderstood, that person is my relative, but the most annoying relative.”

The shop owner didn’t say much, but still paid Li Mingsi the high salary for the past few days. The money was not much, just over 2,000 Hong Kong dollars in total, which was considered the first income in her life.

Chen Fang knew about these situations before he got off work. He was thinking of going to see Li Guokai in the evening. Half a month had passed since the last time.

When I saw Li Guokai in the evening, I found that his complexion was the same as that of a normal person, but he still needed to pay attention to rest.

Chen Fang didn’t waste any time and went straight to the topic of Li Mingsi. Li Guokai and Zhang Shuyuan were amazed to hear that their daughter actually made money.

Now the couple was even more determined to let her continue to endure some hardships, until she actually earned money and then she would understand how hard it is to earn money.

“Uncle, I’m planning to acquire a medium-sized bank. Do you have any good suggestions?”

“Acquiring a bank? That’s great… If I can have my own bank, it will be much more convenient to do things in the future. Do you have any intention… Show it to me?”

Li Guokai had this idea before, but he was not an expert in capital operations and was also afraid of being cheated, so he had always put it on hold. Now that he has talents like his nephew, he thinks it is very feasible.

In Hong Kong, there are hundreds of financial institutions of all sizes, including hundreds of banks. However, most of them are small banks, accounting for about 75% of the total, medium-sized banks account for 20%, and large banks account for about 5%.

The bank market share is the opposite, that is, large banks account for 75% of Hong Kong’s market share, medium-sized banks account for around 18%, and the rest are small banks.

Don’t even think about the large banks, as Chen Fang can’t take them over, not even the big families in Hong Kong can.

Li Guokai looked through the papers for a long time before saying, “Huasheng Bank and Guangming Bank are both good. I think they can be the first choice.”

The two banks he mentioned are two medium-sized banks. Huasheng Bank’s main businesses are commercial banking and asset management. It has also obtained securities issuance and agency, and insurance business chain licenses. Guangming is similar, except that it has a subsidiary financial auditing company.

Chen Fang thought for a moment and said, “The head of Huasheng Bank is willing to sell, but I don’t know what Guangming means. The rumor is that the head of the bank is selling, but he has never responded publicly.”

Of course, it would be best to get Guangming Bank, because it has a subsidiary financial auditing company. This thing is indispensable in the financial industry. Even if your company does not have this business, you must hire people from outside to audit the company’s business every year.

“I’ll ask my friends for help too. You still have to find the right person quickly.”

“Thank you, uncle. I wonder if you are interested in participating?”

Although they are relatives, they still need to be taken care of. Even if the bank encounters any difficulties in the future, the Li family will not sit idly by. The relationship between relatives is always somewhat illusory and is not as real as tangible benefits.

“Sure, you can just sell some of your shares when the time comes, and treat it as an investment.”

Li Guokai increasingly felt that his nephew Chen Fang was a good one. Not only was he talented in the stock market, but he was also better than his son Li Mingjie in dealing with people.

As for Li Minghao, he knew that the boss was not cut out for business, so he just needed to leave him some shares after a hundred years.

The Li family’s business must still be handed over to Li Mingjie.

Chen Fang nodded: “Well, we will discuss the shares later. I will leave it to the professional team to contact the other party?”

“Ah.”

After discussing this matter, they were about to go for dinner, so Leslie Cheung naturally came over. Surprisingly, Ah Mei also came here today, which was obviously Leslie Cheung’s idea.

He was a little embarrassed at first, thinking that he was already old, and it was not a bit too much to have a twilight romance in his old age.

But seeing everyone’s reaction, he felt relieved.

Family members, including Li Yi, expressed their support for Leslie Cheung. Everyone’s ultimate goal was to hope that he could have a happy old age. As for whether A Mei truly loved him, that was not important.

The important thing is that Leslie Cheung is happy, the rest is just irrelevant.

Hearing Li Guokai talking about acquiring a bank, Li Guorong couldn’t help but interrupt and said, “Guokai, can I buy it privately in Xiangjiang Bank?”

In his impression, all banks are state-owned. How can a private individual own a bank?

Li Guokai smiled and just looked at Li Yi, who immediately explained, “Dad, many banks in Hong Kong are privately owned. Of course you can buy them. This will make things much more convenient in the future.”

In other words, he had been surprised by enough things recently, and when he knew that his cousin was planning to acquire a bank, he felt that it was natural.

Ah Mei was even more surprised, because the bank was a place far beyond her reach. She also made up her mind to take good care of Li Guorong. After all, the better the other person was, the more she would get.

The next day, Chen Fang arranged a team to contact the other party. The market value of the two banks was similar, basically around 5 billion Hong Kong dollars. For the current Huanyu, it was not difficult to acquire them.

In the afternoon, Li Mingjie called and first talked about the bank’s affairs. He thought that this business would become bigger and bigger.

In fact, what Chen Fang is doing now is what Li Mingjie wants to do.

Xue Dahua is the head of this team. He had just contacted the heads of the two banks and found that something was wrong with Huasheng Bank, because the boss of Huasheng Bank suffered heavy losses in the last stock market crash, so he thought of selling assets to recover the losses.

But he knew that Chen Fang was interested in Huasheng, so he immediately started asking for a sky-high price because he felt that the money he lost was earned by Chen Fang.

After listening to Xue Dahua’s report, Chen Fang was so angry that he almost laughed. The stock market is open there, and he asked for a sky-high price just because he saw that he made a lot of money. Did he really think people were fools?

“Manager Xue, you don’t need to consider Huasheng Bank. You can just contact the people of Guangming Bank. If that doesn’t work, buy a few more small banks and reorganize…”

Now you are a buyer and the market is also biased towards buyers. Why are you so arrogant as the boss of Huasheng Bank?

“Okay, Mr. Chen, I’ll do it right away.”

Li Guokai also contacted the boss of Guangming Bank through his own connections. The other party was also quite interested and said that they could meet and have a chat, and they could discuss the specific matters.

“I guess the other party wants to keep some shares. You can let them negotiate by themselves when the time comes.”

“Well, if it’s not excessive, you can keep a little, but we must keep the absolute controlling stake.”

Chen Fang and Li Guokai chatted on the phone for a while before letting Xue Dahua go to Guangming Building. As the boss, he couldn’t show up right away, right?

It’s already a great honor to let his top henchman take action.

After a week of negotiations, the boss of Guangming Bank expressed his willingness to retain only 5% of the shares, on the condition that he would be responsible for persuading other shareholders.

Chen Fang and Li Guokai discussed it and agreed.

Chapter 663 Li Mingsi was caught.

After half a month of negotiations, considering the comprehensive assets and liabilities, Guangming Bank was sold for 56 billion Hong Kong dollars. Chen Fang invested 33.6 billion and held 19.6% of the shares, Rongkai Group invested billion and held % of the shares, and the remaining % of the shares was continued to be held by Wang Guangming.

The news caused a huge uproar, which was equivalent to dropping a bombshell on Hong Kong’s financial street. Of course, the sale of Guangming Bank was just a small matter, but HSBC and Bank of China were concerned about the loan and deposit business of Rongkai Group and Huanyu Group in the future.

Especially Bank of China Hong Kong, it is extremely anxious. It is not only about Rongkai’s business, but also the securities business of Universal Group. You should know that Guangming Bank also has securities business.

Anyone with a discerning eye can see that now that they have their own bank, they will certainly take care of their own bank. Li Guokai never answers calls from the bank because answering the phone would be a waste of words and he might not get any good results.

It would be better to let Zhang Shuyuan deal with it. Anyway, I am recuperating now and no one can say anything.

Anyway, you have to leave a way out for everything, especially when it comes to banks. You have to leave a way out for everything so that you can meet again later. Although banks are the ones who give out umbrellas in sunny days and take them away in rainy days, they are the ones who provide funds after all.

However, no matter what the current situation is, as long as there is an opportunity for subsequent profitable cooperation, banks will rush to send money without saying a word. Profits come first, and this is the reality!

Chen Fang was even more so. He simply unplugged the telephone line and turned off the mobile phone beside him.

Xue Dahua reported: “Mr. Chen, according to current regulations, banking and securities businesses must be separated, which means commercial banks cannot have investment banking businesses.”

Here we must talk about the difference between commercial banks and investment banks. To put it simply, commercial banks provide deposits and loans, including some financial management services, but Guangming Bank has very little in this area.

Investment banks have many businesses, the most important of which is securities, as well as some other investment projects. Due to the huge risks involved, the government is worried that commercial banks will misappropriate depositors’ funds to conduct illegal operations, so regulations have been issued recently.

This applies to all banks. As for why the government issued this regulation, it is naturally because some similar incidents have occurred.

In fact, behind every regulation there is basically a bloody lesson.

“Well, then we will start the split. We will separate the securities business and move the office building to the Universal Building. The first floor will be given to the securities company.”

“Okay, I will also transfer the investment account as soon as possible.”

Xue Dahua naturally understood this point. Otherwise, why would the boss acquire these businesses? He couldn’t just stand there and watch, right?

What needs to be said is that the amount of deposits of Rongkai Group and Universal Group is an astronomical figure. Although HSBC and Bank of China may be reluctant, they have no better way to stop it.

To put it bluntly, if a customer wants to withdraw his own money, what reason does your bank have to stop him?

“Ah.”

Now Media Group has integrated film, television, real estate, banking and securities investment. Although many of its businesses are just starting out, it will one day become a giant group in Hong Kong.

Guangming Bank also began to change its name. Although Rong Kai and Wang Guangming still had shares, the name was changed to Universal Bank because this was something that had been agreed upon.

On the opening day of Universal Bank, some companies that have deep cooperation with Rongkai Group came to open accounts and make deposits. Although there were not many, it brought a lot of popularity.

What Chen Fang didn’t expect was that Su Yuancheng and his daughter also came.

Seeing this, Chen Fang immediately stepped forward. After all, the other party was there to help him get a visa to Hong Kong, and he was also the elder, so he had to be polite.

“Uncle Su, Miss Su… Li Yi.”

Su Yuancheng smiled and said, “Xiao Chen, your business is growing. We are coming to open an account with Yuanda Group today. You won’t be unwelcome, right?”

He really wanted Chen Fang to become his son-in-law, so that he could hand over the business of Yuanda Group to him in the future. Unfortunately, there were too many women around this guy.

It was so much that even Su Yuancheng found it unbelievable, but even so, Chen Fang was still able to crush Liu Da in the stock market.

“Welcome, welcome. I’ll ask the branch manager to process it for you right away.”

Chen Fang has not yet decided on the president of Universal Bank. This is not a joking matter. Fortunately, the business volume is relatively small at the moment, so there will be no problems for a while.

The branch president immediately stepped forward to liaise with the financial department of Yuanda Group. It was not necessary to ask the boss to handle such a small matter personally.

“Uncle Su, please go upstairs.”

“Ah.”

Su Yuancheng nodded and went upstairs. Su Dong and Li Yi followed him immediately. At this moment, Li Guorong was already upstairs, and they might have a lot to talk about when they got together as old friends.

As for Su Dong, Chen Fang just nodded to her, and the other party responded in the same way. It was estimated that he had no other plans.

After the opening, it was found that the liabilities of the Universal Bank were 850 billion Hong Kong dollars and its assets were 900 billion Hong Kong dollars. Although the liabilities are very high, the liabilities of a bank are the deposits of its customers. In the future, the first bank in the universe had a debt of more than 50 trillion.

That’s just a small amount of stuff?

A large part of the deposits here were transferred by Chen Fang and Li Guokai from other banks. You should know that when they were transferring the money, the people from HSBC and Bank of China looked very painful.

This is a loss of astronomical amounts of deposits, and no one can remain indifferent.

When it was almost time to get off work, Xue Dahua walked in.

“Mr. Chen, I would like to ask you, is there a suitable candidate for the president of Universal Bank?”

As a core member of the group, he naturally knew that the president of the bank had not yet been determined.

Chen Fang shook his head: “Not yet, do you have any suitable candidates to recommend?”

Xue Dahua thought about it, then said seriously: “If not, I would like to recommend myself.”

His idea was not groundless. The main reason was that he played an executive role in the investment company. You know, he came from Bank of China. Now that he had such an opportunity, why didn’t he fight for it?

“I’ll think about this matter. First, bring me a copy of the bank’s future plans.”

“Mr. Chen, I’m ready.”

After saying that, Xue Dahua took out the documents in his hand. It seemed that he had prepared a lot. Having followed Chen Fang for so long, Xue Dahua naturally knew what to do.

“Okay, put it there.”

Chen Fang took the plan back and took a look. Although the other party was his trusted subordinate, there were some things that could not be neglected, especially not assigning inappropriate people to inappropriate positions.

Although this plan is not so eye-catching, it can be seen that Xue Dahua has put a lot of effort into it. After considering for a while, he realized that the most important thing for a bank is safety, so he discussed it with Li Guokai.

The next day at work, a document was issued to transfer the manager of the investment company to the position of president of Universal Bank, to take charge of the work there.

Xue Dahua didn’t expect it to happen so quickly. He discussed it with his girlfriend last night. In fact, he didn’t have much confidence in this self-recommendation, mainly because he was promoted too quickly.

More than eight months ago, he was just a small account manager of Bank of China, but now he has become the president of a medium-sized bank. Who would believe this if you told others about it?

In Chen Fang’s office, he said very seriously: “Mr. Chen, thank you for your cultivation. I will definitely do my best.”

“Well, remember to get some of the loans back to me after you go there, and don’t renew the loans to the other party in the future. I have already marked out the specific companies for you.”

“it is good.”