680,HSBC crisis(1/2)
Inside Feng Jingxi's mansion in Repulse Bay.
"Uncle Feng, why can't we talk about it in the company? Why did you ask Ah Fa to call me home?"
At Feng Jingxi's invitation, Chu Huan came to Feng Jingxi's home that day and met Feng Jingxi who had been waiting for Chu Huan for a long time.
The Three Musketeers of Sun Hung Kai can be regarded as a legend in the business history of Hong Kong.
Among the three, Guo Desheng is the oldest, followed by Feng Jingxi, and Li Zhaoji. Finally, the company the three of them founded in the early years was not Sun Hung Kai, but a company called Yongye. However, in addition to the three of them, the entire Yongye company also
There are five other shareholders, and the Shatin Hotel is their first business in Wing Yip.
Later, Yongye Company started its own real estate projects from old buildings. At that time, there were many old buildings to be demolished in Xiangjiang, so it was easier to acquire old sites.
This kind of land is usually very small in area and is looked down upon by big real estate companies. However, they bought it as if they had found a treasure. Their funds are suitable for use in small sites.
Over the past few years, although there have been no miracles in Yongye, he has taken one step at a time and never made any mistakes.
However, in 1963, the three of them left Wing Yip and re-founded Sun Hung Kai Properties due to disagreements with the other five shareholders.
The three people have a clear division of labor at Sun Hung Kai. Guo Desheng and Li Zhaoji are responsible for real estate projects, and Feng Jingxi is responsible for finance and investment business.
However, when Sun Hung Kai gradually grew in size, the three parted ways. Feng Jingxi founded Sun Hung Kai Securities, and Li Zhaoji founded Henderson Land Development.
Although the Sun Hung Kai Three Musketeers were a lot of people who were suspicious of them when they separated, they thought they could share adversity but not wealth.
However, the subsequent performances of the three people broke such suspicions. Although the three people separated, they still cooperated frequently and their relationship was better than before.
Unlike Guo Desheng and Li Zhaoji who have always wanted to continue developing the real estate industry, Feng Jingxi prefers the securities industry.
In today's Hong Kong, there are three big guys in the securities industry who are recognized as the three big guys in the securities industry. They are Li Fuzhao of the Far East Club, Hu Wenhui of the Gold and Silver Club, and the third one is Feng Jingxi of Sun Hung Kai Securities.
In terms of ability, Feng Jingxi is not inferior to Guo Desheng and Li Zhaoji, but in terms of luck, Feng Jingxi is far behind his two old partners.
Because of the uncertainty in the financial industry, Feng Jingxi encountered the stock market crash in 1973 and the run wave in 1983. In 1985, when Feng Jingxi was preparing to regain his glory, he died of a cerebral hemorrhage while working in Vancouver, Canada. He was only 63 years old!
Feng Jingxi only left over a billion in assets to his family, while the assets of the Guo family and the Li family have reached tens of billions of Hong Kong dollars.
The gap cannot be simply stated in terms of ability.
"Ah Huan, I invite you here this time because I want to ask your opinion on two things!" Feng Jingxi sat on the sofa and talked to Chu Huan with a smile.
Chu Huan said: "Uncle Feng, just tell me if you have anything to do. The relationship between our two families does not require politeness."
Feng Jingxi smiled even more happily. If anyone in Xiangjiang was most familiar with Chu Huan's family history, then it was Feng Jingxi... although he didn't know everything.
It was at Sun Hung Kai Securities that Chu Huan started his first round of making money in the Hong Kong stock market!
Now Chu Huan has grown into a giant in Hong Kong. Although the Feng family has developed compared to that time, compared with Chu Huan's development speed, it is definitely not enough.
Even now, Chu Huan is still able to maintain a humble attitude in front of him. This situation makes Feng Jingxi very useful.
"Haha, since you said so, Ah Huan, then I will get straight to the point!"
Feng Jingxi adjusted his sitting posture, smiled and said to Chu Huan: "Ah Huan, I know you have always wanted to enter the local banking industry in Hong Kong, and as for me, you also understand that the ultimate goal has always been to reorganize Sun Hung Kai Securities
For Sun Hung Kai Bank, I think we can deepen our cooperation with each other!"
This is the reason why Feng Jingxi invited Chu Huan here today. In the Bank of East Asia battle, although Chu Huan became the largest shareholder of Bank of East Asia, everyone in the Xiangjiang business community knew that Chu Huan could not actually win this time. After all, everyone
Everyone knows that Chu Huan's real purpose is to completely acquire and privatize Bank of East Asia.
But with the end of the Bank of East Asia battle, Chu Huan's actions gave people the feeling that he had not really exerted his strength. After all, according to many people's speculations and Chu Huan's power, it is not impossible to acquire Bank of East Asia.
, in the end, Chu Huan suddenly died down, which made many people wonder whether Chu Huan's idea of entering the local banking industry in Hong Kong was not that strong?
Of course, Feng Jingxi, as one of the Xiangjiang businessmen who knew Chu Huan best, did not think so. In Feng Jingxi's view, Chu Huan's behavior at that time was just that he discovered that that time was not the best time to completely acquire Bank of East Asia, so
In the end I chose to give up and wait for a better time.
Because Feng Jingxi understands that Chu Huan has always been very optimistic about the development of his hometown. Since he is optimistic about the development of his hometown, he definitely wants to enter the financial industry in his hometown. However, due to the particularity of Alder Commercial Bank, the possibility of entering the financial industry in his hometown is very small.
, so Chu Huan must have a local bank in Xiangjiang as support.
"Uncle Feng, you mean that Sun Hung Kai's bank reorganization has been approved by the Hong Kong government?" Chu Huan looked at Feng Jingxi in surprise.
You must know that Sun Hung Kai Securities did not apply for a license from the Hong Kong government until 1982 when it restructured its bank. Now that Feng Jingxi is telling himself this, he obviously wants to invite himself to join his Sun Hung Kai Bank.
Feng Jingxi shook his head helplessly and said: "We don't have this condition yet, but I plan to establish Sun Hung Kai Insurance Company next year!"
Securities, banking, insurance, and banking are the three major businesses. Although Feng Jingxi has not yet applied for a bank license, he has already begun to establish a bank.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! This is the same reason why Chu Huan acquired Volkswagen International Investment before Alde Commercial Bank entered Hong Kong.
"So that's it!" Chu Huan nodded slightly.
Feng Jingxi said confidently: "But I believe that sooner or later, Sun Hung Kai Securities will be reorganized into Sun Hung Kai Bank. I asked Afa to invite you, Ahuan, here this time, just to ask if you are interested in investing in my Sun Hung Kai Insurance."
?”
This is the concrete manifestation of Chu Huan's influence in Xiangjiang.
There is an old saying in China, saying that there is no room for snoring on the side of the bed. Under normal circumstances, Feng Jingxi should not let outsiders invest in his company, but Chu Huan was different.
First of all, the relationship between the two of them is extraordinary. It can be said to be very deep. It can make Feng Jingxi believe to the maximum extent that although Chu Huan has invested in his company, he will not have any influence on the management rights of the Feng family in the company.
Threat, not only does not pose a threat, it is also likely to be a powerful help.
Secondly, Chu Huan has enough influence and financial resources in Xiangjiang. If such a powerful foreign aid joins, it can be said to be an important bargaining chip for the future development of Sun Hung Kai Insurance.
Chu Huan thought for a moment and had no objections to this matter.
Although in another time and space, the development of Fung King-hee's Sun Hung Kai was quite bumpy, but this time is different from another time and space. If he had joined in and reminded him, Fung King-hee's Sun Hung Kai would have gone in a different direction, so I just thought about it briefly.
, Chu Huan agreed to Feng Jingxi’s invitation.
"I don't have any problems here. Uncle Feng, you just need to come up with a specific charter!"
Seeing that Chu Huan agreed to his invitation, Feng Jingxi was also very happy and said with a smile: "No problem, I will ask Afa to send the specific articles of association to your company tomorrow!"
Being able to prepare the articles of association so quickly shows that Feng Jingxi has no doubts about Chu Huan's joining.
"Okay, I'll ask Wen Mingzhang to contact your people about this matter!" Chu Huan said with a smile.
Chu Huan would hand over all companies that invested in this way to Chinese Real Estate, which was in charge of Wen Mingzhang!
The largest controlling shareholder of Chinese Real Estate is the Chu Family Trust Fund, which means that the shares and dividends of these companies will be used by Chu Huan to support his family in the future.
After chatting about the business, Chu Huan had dinner with Feng Jingxi, Feng Yongfa, Feng Yongxiang and his son. Chu Huan left here and returned to No. 12 Mount Calais Road.
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Time flies, and it’s the beginning of 1979 in a blink of an eye!
After entering 1979, if we want to say who is the most depressed in the business community in Hong Kong, it must be Bao Yugang, Niubijian, and HSBC!
Last year, the mysterious Japanese funds withdrew from the Hong Kong stock market, which gave Bao Yugang and Niubijian a chance to breathe. Both sides believed that the matter was over, and everyone could slowly resume their own business.
The planned plan was carried out.
As a result, when Wharf's stock price fell to HK$50 per share, the mysterious Japanese funds entered the Hong Kong stock market again and began to sweep away Wharf's stock.
Under such circumstances, Bao Yugang and Yihe, who were so frightened that they had not yet taken a breath, immediately raised funds again and entered the stock market to fight with each other.
As a result, when Wharf's stock price exceeded 70 Hong Kong dollars per share, the other party once again faded away like the tide.
This made Bao Yugang, Niubijian and others feel very uncomfortable.
Chu Huan, who had just handed out New Year's red envelopes, returned to No. 12 Mount Calais Road. At this time, Cao Yunshang's belly had swelled, but his body shape had not changed much.
"This is the legendary body shape with only a fat belly but not a fat body, right?" Chu Huan supported Cao Yunshang and said with a smile.
Cao Yunshang said: "The doctor at home has seen it and the little guy is very healthy inside. You don't have to worry."
Chu Huan smiled softly and said: "There is nothing to worry about. I believe you will all be healthy."
"Yeah!" Cao Yunshang also smiled sweetly.
The two walked into the room. The house was also very lively. The children had already gone on vacation. Zhong Xiaoqing was taking Chen Yalu and Sumitomo Ryoko were stacking Lego.
After a year of operation, Youth Toys finally reached an agreement with the founder of the Lego family and purchased all the equity of Lego from the other party at a price that was more than double the market price. Since then, Lego Toys has officially joined the youth toy industry.
family.
It seems that Chu Huan's industry has not made any big moves this year, but in fact, Chu Huan's global business layout is expanding and developing in an orderly manner.
Others were playing mahjong and chatting. Since Cao Yunshang became pregnant, Mrs. Wu moved Chen Xincheng's family and Chen Shuli to No. 12 Galley Road. Although Chu Duanqing and Zhong Xiaoqing did not
I moved here, but I still come here every day.
There is also Zhou Meiqi, she also moved to 12 Mount Galley Road, which has made this place very lively for more than half a year.
When everyone saw Chu Huan coming back, they just said hello out of habit and then went about their business.
Chu Huan has long been used to this situation.
"By the way, Bao Yugang called me this morning. He probably couldn't bear it any longer. He called this time probably to borrow money!"
Cao Yunshang preached to Chu Huan.
Because Chu Huan's capital from Japan entered, the Wharf acquisition war has undergone earth-shaking changes. Originally in another time and space, Bao had already increased his holdings of Wharf shares to 30%, but now Bao's holdings of Wharf shares have reached 30%.
It’s only about 25%.
In addition, it was only at this time that Jardine discovered Bao's actions, and then began a more than a year-long battle with Bao for the right to operate Wharf.
To be continued...