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Chapter 413: The Support of the Bosses

Chapter 413 Support from Big Bosses

Author: Lin Zhonggu

Chapter 413 Support from Big Bosses

"Uncles, I need your support."

The big bosses were summoned that day. Zheng Yaoyang did not exchange too many greetings, but simply explained the purpose of his visit.

He plans to let Fuxing Bank replace HSBC and become the shareholder of the companies represented by everyone here.

Fuxing Bank has more than 10 billion US dollars in its account, and Zheng Yaoyang needs to spend this money as soon as possible.

The current Hang Seng Index is too fragile. If the buying action is slightly larger, the market will react quickly.

You can only start with the founders of each company and hold shares of the company through their channels.

Li Jiacheng immediately said: "Yaoyang, it's not that we don't want to help you, it's just that the landlord doesn't have any food left."

They have many listed companies under their name. After many rounds of financing, their shares are very small. Even if they want to help Zheng Yaoyang, they are more than willing but not able to do so.

After hearing what Li Jiacheng said, everyone also agreed, saying that if anyone wants to sell their shares in the future, they will definitely tell Zheng Yaoyang as soon as possible.

Zheng Yaoyang seemed to have expected what they would say, and smiled faintly: "Uncles, I don't need to worry, we have already contacted the buyer, we just need your support."

They are all mature with age, and Zheng Yaoyang knows their nature well, so he has contacted shareholders who hold shares in advance.

At a premium ranging from 10-20%, we acquired 5-10% of the shares of the companies represented by everyone here.

What he needs now is the support of everyone, because only with their support, Fu Xing can compete with HSBC after holding shares, instead of being an ordinary small shareholder.

Everyone was shocked and looked at each other, and finally their eyes fell on Li Jiacheng, as if to blame him for causing them to say things they shouldn't have said.

Judging from the current situation, Fuxing Bank does have the upper hand. It is one step ahead of HSBC every time. HSBC always follows Fuxing and is exhausted.

After all, HSBC is a century-old foreign bank and one of the only banks in Hong Kong that controls the issuance of currency. Fuxing's ability to survive their offensive is already a symbol of victory.

They did not expect that Zheng Yaoyang would be dissatisfied and dare to launch a defensive counterattack, which made it difficult for them to be optimistic about the future of Fuxing Bank.

Neutral is the best choice.

Seeing everyone's silence, Zheng Yaoyang seemed to have expected it. He took a sip of tea and smiled on his face: "I won't make it difficult for you."

"If we turn a blind eye this time, the company's future decisions will be based on your leadership."

"As far as I know, HSBC often interferes with the normal operations of enterprises. It is not an exaggeration to say that the store is bullying customers. Have you always turned a blind eye?"

"If so, then pretend I didn't say anything."

When Li Zhaoji heard this, his face was gloomy, as if someone had stabbed his lungs. He couldn't help but smile bitterly: "Yaoyang, you are trying to provoke the general."

He subconsciously looked at Li Jiacheng. Li Jiacheng smiled and remained silent. He should not be too arrogant after receiving benefits.

What Zheng Yaoyang is talking about is the Sun Hung Kai Group. As a group director, HSBC often interferes with their plans.

Just like at the end of last year, there was a piece of land in Tsim Sha Tsui, and Sun Hung Kai Group was qualified and capable to develop it.

HSBC wanted to share the cake and could not let Sun Hung Kai dominate, so it forcibly intervened in their plan and finally gave the land to Cheung Kong Holdings.

"Yes, so what?"

Zheng Yaoyang showed a faint smile.

He believed that everyone here would not reject his proposal. The banking industry in Hong Kong has been monopolized by HSBC for too long.

The emergence of Fuxing is like a catfish, muddying the waters, which is beneficial to companies held by HSBC.

"I'm really just going to accept your trick."

Li Zhaoji pondered for a moment and looked at Sun Hung Kai's Vice Chairman Guo Desheng. Guo Desheng said: "Give Fuxing another board seat."

They are all executive directors of Sun Hung Kai. Cheng Yaoyang's plan is beneficial to them and they have no reason to refuse.

Lao Li and Lao Guo set a good example. Zheng Yutong smiled lightly, stood up and said: "We in the New World have no objections. We can give up a seat."

The banking industry in Hong Kong really needs to be reshuffled. HSBC has been the dominant bank for too long, which is not conducive to the development of various industries. They need another choice.

"Tsk, tsk, Xiangjiang hasn't had such a lively scene for a long time."

Huo Yingdong was amazed and said with a smile: "Our Yingdong Group is not owned by HSBC, but let's join in the fun and give Fuxing a board seat."

In the early 1980s, he had been very close to the mainland officials and had been ostracized by the direct descendants of the British in Hong Kong.

HSBC withdrew its capital from Yingdong Group early, which is why Lao Huo kept silent just now. He didn't want to be accused of standing around and talking without pain.

Everyone basically expressed their support for Zheng Yaoyang, but Li Jiacheng remained silent.

In recent years, Cheung Kong has been heavily supported by HSBC. Supporting Zheng Yaoyang will do more harm than good to them.

"Thank you uncles for your strong support. I believe Fuxing will not let you down."

Zheng Yaoyang did not force it, but after the meeting, he went to Li Jiacheng alone: ​​"Old Li, I hope we will not become enemies."

There were eleven people attending the meeting today, and ten of them supported his decision, which exceeded Zheng Yaoyang's expectations. One more Lao Li is not too much, and one less is not too much.

Li Jiacheng looked complicated and sighed: "I hope you will make me regret today's decision."

"You will!"

Zheng Yaoyang's smile is full of confidence.

On April 7, Xiaobawang’s second road show at the Hong Kong Coliseum ended, with an unprecedented scale of subscription funds.

Early the next morning, news came out that Little Overlord had two road shows in Hong Kong, and the total frozen funds were as high as 7.52 billion Hong Kong dollars, more than 19 times the subscription funds.

Their last road show was at Aomen. If they can get another 180 million subscription funds, the frozen funds for the IPO will reach 20 times.

It has also become the first stock to freeze more than 20 times the funds in the IPO roadshow since the opening of Hong Kong.

This also reminds people of the previous record holder’s frozen funds of 14.1 times three years ago.

That company is now the king of stocks in the Hang Seng Index, with a market value of HK$51.1 billion, Universal Group.

Some people couldn't help but lament that the only person who could surpass Zheng Yaoyang was Zheng Yaoyang. This record was broken by him at the beginning, and now he has refreshed it.

During the recent period, Chen Yongjian has been in pain and happiness every day, because people only know Zheng Yaoyang and completely ignore him as the real general manager of Xiaobawang.

Fortunately, this situation is limited to Xiangjiang, and former leaders have called to express their condolences.

Xiaobawang successfully landed on the Hang Seng Index, and now it seems that it is a sure thing.

From now on, all the bullies will earn is entertainment. If they maintain a good relationship, maybe they can also earn some entertainment along the way.

On April 10, Rogers and Chen Yongjian's team packed up and headed to Aomen for their final road show.

At the same time, Wade, on behalf of Fuxing Bank, invited friends from the press to hold a press conference.

At this press conference, Wade talked about a lot of information, but he only talked about one thing, spending money to buy shares.

In the past three days, Fuxing Bank spent a total of US$3.156 billion to successfully acquire shares in 15 companies, with each company's shareholding ratio ranging from 5-10%.

He has also become a director on the board of directors of five of the companies, namely Ying Tong Group, Sun Hung Kai Group, Henderson Group, Swire Group, and Hexin Real Estate.

Except for Yingdong Group, these companies all have a common feature: they are all companies held by HSBC.

For the five companies where Fuxing became a director, HSBC also sent a representative to sit on the board of directors.

Once the news was made public, the popularity directly overshadowed the news that Xiaobawang had frozen funds more than 20 times.

Many media directly wrote on the front page that Fuxing Bank was launching a full-scale war against HSBC.

Because compared to this message, the original scramble for savings and the agency IPO were just small fights.

HSBC was able to become the uncrowned king of Hong Kong on the one hand because of the trust of the British Hong Kong government, and on the other hand it held shares in half of the companies in Hong Kong.

Now that there are only six years left before Hong Kong's departure, its control over Hong Kong is not as good as before, and almost all of the leading companies currently held by HSBC have defected.

People in the industry were very excited and exclaimed: "It will be exciting to watch next."

(End of chapter)


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