After all, Lehman Brothers is a member of the traditional large investment banking circle on Wall Street, and its position in the Jianghu can not be ignored. In addition, when it accepted the acquisition of goyimi, it was promised to maintain its independent operation. Therefore, after Lehman Brothers felt that Huifeng standby warrant was promising and put into practice, Gaoxian naturally gave the so-called respect, Don't ask about the specific operation of Lehman Brothers.
Harvey Kruger wants to have in-depth communication with Huifeng. It doesn't matter. Anyway, this layout is a dignified Yang Mou route. Under the general trend, Lehman Brothers and Huifeng were regarded as chess pieces and put on the chessboard. How to go can't help it!
When receiving the official news that Lehman Brothers would launch Huifeng's convertible warrant, a financial derivatives business, and first listed in London, Luxembourg and Xiangjiang, Huifeng's first reaction was a little overwhelmed.
From the perspective of the international financial center, the general situation of Xiangjiang at this stage is like this. Global investment banks, commercial banks, securities companies, insurance companies and other financial institutions are gathered here. Then, the monthly rent per square foot of class A office buildings in the central financial district on Hong Kong Island has reached an all-time high of more than HK $30, Let land, such a big landlord in central, have a lot of money.
From the perspective of capital market conditions, after the end of the severe recession in the United States in the early 1980s, the global stock market picked up strongly. Xiangjiang fell a few steps behind due to the special governance climate. As a result, the judgment indicators such as P / E ratio were far lower than those in New York, London and Tokyo. The resulting expectation of appreciation space attracted global capital.
On the other hand, after the signing of the Plaza Agreement, the global foreign exchange market fell into madness, while Xiangjiang foreign exchange market attracted capital by virtue of its incomparable advantages.
In this case, no matter what new things appear in the capital market, it is not surprising, including financial derivatives that take Huifeng shares as the subject matter.
However, just as not any company's shares can be packaged into convertible warrants, the game of financial derivatives can not be operated by any investment bank. After all, at least there is an information gap between "outsiders" and "natives". If you don't get a clear picture of the subject matter, what if you screw up.
For example, Huifeng Daban puweishi received news earlier that Solomon brothers, also one of the large investment banks on Wall Street, and even Morgan Stanley, which is more noble in blood, have moved the idea of Huifeng stock, which is the most famous in the world among Xiangjiang British capital, but in the end, they don't have enough confidence because of their mastery of the local situation of Xiangjiang, And shook his head.
I want to know that when the future of Xiangjiang has not been put on the table, it is natural to take Xiangjiang as a British capital in its sphere of influence to pit those American counterparts with international expansion.
Originally, Pu Weishi thought that Lehman Brothers would be such a hot-blooded company for three minutes and end up with nothing. Unexpectedly, Lehman Brothers really studied Huifeng's convertible warrant and began to be listed all over the world.
Normally speaking, Huifeng has been pursuing the road of internationalization, but it has always been stumbling. Huifeng's redemption warrant can be described as a timely help, which should be a good thing. However, as Huifeng's big class, Pu Weishi's consideration will certainly not be so one-sided.
In the formal and comprehensive communication, Lehman Brothers mainly conveyed one meaning. Although Xiangjiang international financial center has a reputation, we also know that it is absolutely impossible to be fair. Huifeng enjoys many special treatments. We hope that Huifeng's shares will be difficult to find in the circulation market when Huifeng's standby warrants are delivered centrally.
In this regard, Huifeng has nothing to say. Even if the current grand occasion of Lehman Brothers is gone, it is also a member of the circle of large investment banks on Wall Street. Moreover, Huifeng's convertible warrant operation of Lehman Brothers can't find anything wrong.
Even Pu Weishi didn't mention that, according to the Huifeng regulations, the shareholding ratio could not exceed the limit of 1%, because he could guess that Lehman Brothers, which has studied Huifeng's convertible warrants, would certainly answer that Huifeng's shares belong to the purchasers of Huifeng's convertible warrants. There are twists and turns in it. You can argue for as long as you want, There's no way to control it.
After Harvey Kruger, CEO of Lehman Brothers, left the wharf in a model and well behaved manner, Pu Weishi turned over the business rules introduction document of Huifeng standby warrant and frowned. The doorway in it was designed very tightly and wisely. There must be local forces familiar with Xiangjiang capital market to help give advice.
It doesn't take much effort to guess that this senior staff officer is sure of Gao Yi.
Even if the US capital market and Xiangjiang capital market are thousands of miles away, Xiangjiang can grasp the big changes like Gaoyi's acquisition of Lehman Brothers, which is in trouble.
Although the relationship between goyimi and goyimi, like Morgan Stanley in New York, JP Morgan and Morgan Jianfu in London, live their own lives, it is certainly not worth helping each other.
As long as he has a relationship with Gaoyi here in Xiangjiang, Pu Weishi is instinctively vigilant.
In order to withdraw from Xiangjiang, Huifeng must carry out a series of restructuring represented by abandoning the Huifeng regulations and following the company law. For a big man like Huifeng, the difficulty of restructuring is self-evident. Moreover, it should be carried out quietly as much as possible to avoid being discovered by the people of Xiangjiang and causing public anger.
It can be said that the Huifeng Ordinance is a compromise product of the game between the powerful ghost in the Hong Kong government and the British ghost in Xiangjiang. While receiving special treatment from the quasi Central Bank of Xiangjiang, including the main current account of Zhengfu and the Xiangjiang bill settlement management bank, Huifeng bank should also fulfill its obligations such as the lender of last resort of Xiangjiang banking industry and the bank's headquarters in Xiangjiang, Any major change will have to go through the Xiangjiang Legislative Council.
Generally speaking, with the cooperation of some ghost people in the Hong Kong government, Huifeng's secret plan to evacuate Xiangjiang was carried out in an orderly and uneventful manner. Whichever link was ripe, he quietly lifted the shackles.
But as soon as Huifeng's standby warrant came out, Pu Weishi couldn't help feeling that his rhythm seemed to be getting chaotic.
It is no wonder that those ghosts who originally formulated the Huifeng regulations were not clever. Who could have imagined that there are so many ways to play financial derivatives. The protection rules in the Huifeng regulations, such as the shareholding ratio of no more than 1%, simply did not expect so many possibilities.
After putting down the documents, Pu Weishi went to the financial secretary of the Hong Kong government, Zhai Kecheng. You can help find out what role Sir Gao played in Huifeng's convertible warrant?