After Li Guangyu finished the meeting, he immediately held a press conference to announce the news that the Lee Group would control Wheelock, and also announced that the Lee Group would complete its delisting within this month. The Lee Group would fully control Wheelock.
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As this news came out, the Li Group was once again put on the altar by numerous newspapers and citizens, and some of the people who had previously denounced the Li Group completely disappeared.
The four major foreign banks once dominated Hong Kong, but now two flagship foreign banks have been acquired by Chinese consortiums. Many people are already discussing who will be acquired next. And the vast majority of them have chosen Swire, including the Lee Group.
Already holding nearly 1/3 of the shares, they believe that the Li Group will not give up its acquisition of Swire.
The British-funded consortium and the Singaporean consortium were very shocked when they heard the news. They did not expect that Wheelock, which was their ally two days ago, would be acquired by the Lee Group in an instant and would become their opponent in the future.
At the same time, they are also very wary of the strength of the Li Group. Last time, they were lucky with the Swire Group. The shareholders were all British, so they didn't let Li Guangyu snatch it. But this time, they didn't even hear the news.
Coslight completely controlled Wheelock, and even took the shares of the Madden family.
They are also worried that after Li Guangyu takes over Wheelock, he will target his own group next, especially those companies that he does not control.
Qiu Deba and others immediately contacted Henry Keswick and two bank executives, Wooden Shihuaiya and Shenbi George Lavin, to discuss how to deal with Li Guangyu's possible attack.
Judging from Li Guangyu's attitude, he had no intention of bringing it down. He had just hit a wall with the Swire Group, and then turned around and swallowed up the Wheelock Group, causing a huge blow to their alliance.
Henry Keswick and others came to the private room of the Mandarin Oriental Hotel to discuss what happened today.
Henry Keswick also feels that their situation is getting more and more difficult now. The threat to them from the Li Group is too great. In the past, Xiangjiang was dominated by a few foreign banks, and these Chinese-owned families could follow them.
How dare you go against them by picking up some leftover branches and leaves?
As a result, Hong Kong has begun to change since the 1970s. The Chinese-owned families have become stronger and stronger, and have begun to impact their status. Especially after the rise of Li Guangyu, every time he acts against them, the shadow of Li Guangyu can always be found behind them.
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Hutchison Whampoa fell, and now Wheelock has also been eaten. The next one will be his own Jardine or the Swire family's Taikoo. Henry Keswick doesn't know who Li Guangyu will attack. Fortunately, he doesn't care about himself at the moment.
Both Jardine and Swire have the controlling rights, and it will be difficult for Li Guangyu to take away these two groups.
Henry Keswick said: "Sheng Qiu, don't be impatient. As long as you hold the controlling stake of your group, Li Guangyu will not be able to take over your group. The reason why Wheelock was taken over so quickly by Li Guangyu this time
, it is entirely due to its shareholders Zhang Yuliang and Bao Yugang, and the Madden family itself did not have control of the controlling rights, so Li Guangyu took advantage of the loophole and lost his controlling rights."
Qiu Deba said: "My bank and Mr. Huang's are both listed in Singapore. We are afraid that the Lee Group will suppress our bank in the stock market. Once there is a problem in the stock market, bad news for the bank will be spread, which will affect us."
But it’s quite big.”
Qiu Deba and Huang Zuyao were quite worried that Li Guangyu would rely on the huge funds in his hands to suppress their listed companies.
Shen Bi said: "Qiu Sheng and Huang Sheng, you don't need to worry too much. You have controlling rights in the bank. Li Guangyu will not do loss-making business just for the sake of temporary anger."
Shen Bi knew Li Guangyu quite well. He was very rational and would always weigh his own gains and losses. If he could not benefit from it, he would never do it.
Now Qiu Deba and others have regretted it very much. At first, they thought that the British consortium was very powerful in Hong Kong, and they were backed by the British government. It should be said that no family in Xiangjiang dared to directly confront them. It was just a matter of this period of time. Their ideas had long been lost to the Pacific Ocean.
At first, they were very happy. Both the Li Group's operations in Xiangjiang and the operations in England ended in failure. Who would have thought that Wheelock Group, one of the four major foreign banks, would be acquired by Li Guangyu within two days.
Qiu Deba said: "Mr. Keswick, Mr. Shen Bi, we are preparing to return to Singapore. The Xiangjiang Electric Group here will be managed by nephew Guo Lingming. I hope you can give him more help."
These few people have already discussed that this is the case for the time being in Xiangjiang. They should go back to Lao Cao to watch. Don't be here. Lao Cao is being taken over by Li Guangyu without even knowing. And he only knows how to do it here. If it becomes a thorn in the side of the Li Group, the Li Group might want to take action against its own group.
Henry Keswick really felt that the sun was setting for the British consortium. The Marden family had withdrawn from Xiangjiang. These major families also wanted to avoid the Li consortium. How long could the two major groups and the two major banks on their side last? .
Shen Bi and George Lavin also knew that once the Li Group wiped out the British-funded group, their two banks would be next. The ambitious Li Group would never let Xiangjiang Financial be monopolized by the two banks. , they will definitely launch attacks on HSBC and Standard Chartered.
Henry Keswick said: "Mr. Qiu, Mr. Huang, Mr. Guo, we will not stop you from returning to Singapore. You can rest assured that after Mr. Guo Lingming arrives, we will support each other. Li Guangyu wants to help us groups Initiating an acquisition is not easy."
Wooden Shihuai Ya reminded from the side: "Sheng Qiu, regarding the shares of our Taikoo Co., Ltd., please do not transfer them to outsiders. If you want to sell them, please contact us and we will buy them back. "
Wooden Shihuai was a little worried that these shares would eventually go to the Li Group, which would be a disaster for him. Once the Li Group controlled Taikoo Co., Ltd., his family would be no better than the Marden family. I guess I can only leave Hong Kong in despair in the end.
Qiu Deba said: "Mr. Shi Huaiya, don't worry, we have no plans to sell our shares in Taikoo Co., Ltd. If we really do have such plans, we will definitely contact you first."
Shen Bi said: "We at HSBC and your two banks can strengthen business cooperation and jointly deal with financial risks."
George LaVine next to him was not to be outdone. He was also discussing cooperation with these two companies in banking business. They could sit together to face the challenge of Li Guangyu and the Chinese consortium, but in other aspects, the two of them were naked. competitive relationship.
Qiu Deba and Huang Zuyao are naturally willing to cooperate with HSBC and Standard Chartered, two of the top banks in Asia. With their cooperation, they have greater guarantee for the operation of their own banks. At the same time, they can also get help in times of crisis.
The help of these two companies has improved their ability to resist risks.
Henry Keswick and Wooden Swire have also reached a partnership with Guo Fangfeng in real estate and hotels. This time the British-funded consortium hopes to pull the Singaporean consortium off its own chariot in this way.