Rebirth of Hong Kong 1981

   Chapter 599 Goldman Sachs

   Just when Yang Chen and Huo Jianhuo had just finished talking about things, Lan Meiren's crisp voice rang in her ears.

   "Boss, call the manager."

   "What's the matter?" Yang Chen glanced at Lan Meiren who took over the job of the soldier, took a sip of coffee and asked.

  Blue Beauty: "Manager Yu said that someone wants to see the boss."

   Hearing this, Yang Chen frowned and took the phone from Lan Meiren.

   "I am Yang Chen"

   "Boss, didn't bother you?"

   "No, tell me, who wants to see me?"

   "It's a Goldman Sachs guy..."

   After hearing Yu Chenghui explain the matter, the smile on Yang Chen's face became brighter and brighter, "Okay, I understand, give them my contact information."

   After hanging up the phone, Yang Chen looked at Huo Jianhuo who was packing his things, and said, "Jianhuo, don't rush back for now, someone from Goldman Sachs Bank will come later, you accompany me to meet them."

   "Goldman Sachs?" Huo Jianxuan was stunned when he heard the words, then hesitated for a while, and asked, "Boss, Goldman Sachs Bank came to you, what's the matter?"

   Yang Chen said lightly: "Maybe it has something to do with the listing of our game company?"

   "The game company goes public?" Huo Jianxuan's eyes were dull for a moment, he didn't expect Yang Chen to go public so soon, and there was no warning before.

   Seeing Huo Jianxuan's unspeakable surprise, Yang Chen didn't explain it. He was more concerned about what Goldman Sachs could bring to him next.

   Actually, Yang Chen himself thought that he let Yu Chenghui release the news on his front foot, and the people from Goldman Sachs Bank jumped out on the back foot.

   Obviously, their game consoles have already attracted the attention of others.

  Goldman Sachs, in the legend, all kinds of companies that are crazy.

   However, when he collected information about Goldman Sachs from Huo Jianhuo, his pilgrimage mentality changed his attitude in an instant.

  The legendary Goldman Sachs is actually just like that. The so-called terror is not just what others say.

   is no different from other financial companies. Under a favorable environment, everyone makes money, and financial companies like Goldman Sachs also make a lot of money.

  The general environment is not good, and it is difficult for everyone to do business. When encountering a financial crisis or something, the worst dead are also financial companies.

   Thinking about the financial crisis in 2008, what happened to the once mighty Wall Street financial giants?

  Family collapses one after another, and one is more fragile than the other, no different from the paper.

  The well-known Lehman Company, did not fail in the end.

  Financial companies, while enjoying the high dividends in the market, must bear corresponding risks.

   The bigger the financial company, the harder it is to avoid a financial crisis. There is only one financial company in the United States that is truly awesome, dick, and immortal, and that is the Federal Reserve that prints and issues US dollars.

  In the words of our great man, imperialism, that is a bunch of paper tigers.

   And financial companies like Goldman Sachs are paper tigers among paper tigers.

   The reason why Goldman Sachs in later generations is very famous in China is mainly due to their long-term vision and early entry into the domestic layout.

  In the early 1990s, the reform and opening up in the inland was further expanded, and the vigorous reform officially entered a new course. Goldman Sachs was the first foreign financial investment company to enter the country at that time.

  Many state-owned enterprises went public in later generations, but when it comes to large-scale financing, Goldman Sachs operates behind the scenes. It is precisely because of this that Goldman Sachs is so famous in later generations.

   Goldman Sachs Group, founded in the 1860s, is one of the oldest and largest investment banks in the world.

   In the earliest days, Goldman Sachs Group actually evolved from a small bank founded by a coachman.

  Yes, you read that right, he is a hard-working coachman, unwilling to be ordinary, he was determined to rise, and his ambitions created Goldman Sachs, a financial giant with a history of more than 100 years.

  The ancients said: The golden belt of murder and arson.

  To be honest, people like that are simply weaker than those who open a bank, and they are not on the same level at all.

  Murder and arson entails high risks, and opening a bank, a piece of paper in exchange for real money, is the real huge profit.

   In the early 1980s, Goldman Sachs had just turned from a second-class investment bank to a first-class investment bank, and officially had its own place on Wall Street.

  Before the 1970s, Goldman Sachs had been ups and downs in the third-rate and second-rate. It was not until the 1970s that there was a wave of “hostile” acquisitions by American capital.

  Before the 1970s, if a company had the intention to acquire another company, the acquirer would try to attract or persuade the other party to make the acquiree agree, and there was rarely a forced merger.

   However, in the 1970s, the investment banking industry, which had always been civilized and regulated, suddenly turned its limelight, abandoned the industry's traditions, and started a series of "hostile takeovers".

  The emergence of "hostile takeover" has completely broken the traditional pattern of the investment industry and has prompted a new industry order.

Goldman Sachs did not follow the trend, but took the lead in launching the "anti-takeover" banner to help many companies that suffered hostile takeovers by inviting friendly bidders to participate in the bidding, raising the purchase price or taking antitrust lawsuits to snipe the hostile takeovers. .

   This kind of formal behavior made Goldman Sachs famous all of a sudden. In just ten years, Goldman Sachs has been promoted from a second-tier investment bank to a first-class investment bank.

Anti-hostile takeovers not only made Goldman Sachs friendly with many excellent companies, but also made Goldman Sachs a huge profit in return. By the early 1980s, Goldman Sachs Bank’s business income from mergers and acquisitions alone exceeded 100 million US dollars in profits. .

However, at this time, Goldman Sachs is just a financial company that has just become a first-class investment bank. It will take several years before the future world-class investment bank. It will not be until the late 1980s and early 1990s that Goldman Sachs Bank will truly change. For the Big Mac investment bank.

   At this stage, Goldman Sachs' clients are basically small and medium-sized enterprises, with few large corporate clients and many investment banks stronger than Goldman Sachs.

   However, the big is good, the small is good.

  Large investment banks always act as bullying when dealing with clients, while small ones do not. In order to enhance their reputation, they will try their best to do their best and take full responsibility.

   And Goldman Sachs has this characteristic very much. Not long after the news from Yang Chen's side, Goldman Sachs came to the door. From this point of view, it is not difficult to see Goldman Sachs Bank's attitude towards customers.

   As the saying goes, the sedan chairs are carried by everyone. Since he knows that Goldman Sachs will become a very influential company in the future, Yang Chen will naturally not refuse this kind of door-to-door service.

  ——

   (end of this chapter)