Chapter 472 The arrangement of the financial group
After Li Guangyu came back from Hutchison Whampoa, he came to Tianyu Financial Group and held a group meeting.
Li Guangyu is very aware of the impact of this property market crash on Hong Kong's banking industry, and he must take strict precautions.
At the meeting, Li Guangyu made clear requirements for Tianyu Bank and Wing Hang Bank. This year, they are strictly prohibited from lending to small and medium-sized real estate companies. At the same time, home purchase loan customers must focus on whether their jobs are stable and strictly control this aspect.
The senior executives present here have long known that Li Guangyu is not optimistic about the property market in Xiangjiang, and he has just asked two banks to restrict loans in the real estate market at the beginning of the year. They estimate that the collapse of the property market in Xiangjiang will not be too far away this time.
Luo Qianwen said, "Li Sheng, our Tianyu Bank will pass on your instructions and strictly review the loans in the real estate market in order to reduce the losses of our bank in this crisis."
As the chairman of Wing Hang Bank, Feng Jingyao also responded that he would pass on Li Guangyu's instructions after returning. Their Wing Hang Bank has accumulated much more business in this area than Tianyu Bank.
Feng Jingyao only hopes that before the real estate market collapses, he can recover the money lent by the bank as much as possible. Otherwise, when there is a problem in the real estate market and the real estate company fails to repay the loan, the losses to their bank will be huge.
Li Guangyu said, "Ms. Luo, this year your Tianyu Bank's task is still to speed up our layout in Southeast Asia, focusing on Thailand and Malaysia."
Last year, they basically completed it in Baodao and Japan. Later, they only need the local person in charge to carry out in-depth layout, and they no longer need to invest too much energy.
This time, the two areas arranged by Li Guangyu did not have much problems in Thailand, but things were a little troublesome in Malaysia.
Yuan Tianfan said, "Li Sheng, I'm afraid it won't be easy for us to open a large number of branches in Malaysia. The Singaporean consortium has a very strong influence there. The two banks, Qiu Degen and Huang Zuyao, are at the top of the private banks in Malaysia. They are among the top private banks in Malaysia."
Malaysia’s relationship network is also much deeper than ours, and if we want to fully enter the Malaysian financial market, they will definitely obstruct it.”
Li Guangyu himself is also very aware of the influence of those two companies there, but he still wants Tianyu Bank to fully develop the market there. In Xiangjiang, Li Guangyu has no way to deal with them. This time, Li Guangyu wants to fight with them.
They are fighting it out in the Malaysian market.
After several years of business, Li Guangyu also has some personal connections. Coupled with Cao Wenjin's personal connections there for decades, and the financial resources of the Li Group, he is really not afraid of the big families in Singapore, even in
It's the same on their territory.
Li Guangyu said, "Don't worry about this. After your plan is made, the Youth Youth Association will go to Malaysia with you to open up the market there. This time, the Youth Youth Association will firstly contact the Cao family's connections to assist us, and secondly, come to comfort the Youth
She is also the president of our charity foundation. She will go to Malaysia to do some charity activities to promote our relationship with the local area, so that our Tianyu Bank can better develop the Malaysian market."
Yuan Tianfan and Luo Qianwen heard that Cao Weiqing would go there to help them develop the market, which also boosted their confidence a lot.
They knew that the Cao family had established a textile enterprise in Malaysia in the 1960s, and had been increasing investment in Malaysia over the years. The government there had extensive contacts, and the current prime minister had a very good relationship with Cao Wenjin.
Luo Qianwen replied, "Li Sheng, we will first conduct an in-depth investigation of the Malaysian market and make an expansion plan before reporting to you."
After Li Guangyu completed the layout of Tianyu Bank, he said to Feng Jingyao, "Feng Sheng, your Wing Hang Bank's strategy will be the mainland market, and you can continue to strengthen communication with them. At the same time, your Wing Hang Bank will no longer belong to Tianyu Financial in the future.
Group management, my shares in your Wing Hang Bank will also be held by multiple funds, and you will be the major shareholder of the group."
Li Guangyu plans to set up Tianyu Bank in various major regions, but there are many areas in Yongheng that they cannot enter at all without Li Guangyu's assistance, and they do not have such strong strength to expand everywhere. Li Guangyu allows them to develop the mainland market with peace of mind.
Just fine.
Feng Jingyao knew that Li Guangyu was very optimistic about the mainland market, but some things that happened a year ago made their relationship a bit tense. The matter was finally handled there, but the result did not seem to satisfy Li Guangyu.
Although Li Guangyu has resumed the negotiated investment, there has been no additional investment in it. On the contrary, Baodao and Xiangjiang areas have made continuous moves, and Jiayi TV Station is now targeting the opposite side.
There are no reports of a return to the previous situation.
Feng Jingyao naturally had no objection to Li Guangyu's arrangement. He would not refuse it if he could escape from the jurisdiction of Tianyu Financial Group.
Feng Jingyao said, "Li Sheng, we will continue to maintain communication with the mainland and strive to allow Yongheng to obtain banking business permission in the mainland as soon as possible."
Li Guangyu knows the difficulty here, and it cannot be won easily. Li Guangyu knows very well that it will be more difficult for Tianyu Bank to enter there, which is why he let Yongheng Bank break away from Tianyu Financial Group.
After Feng Jingyao becomes the major shareholder, Wing Hang Bank will not be subject to too many restrictions, which will be more conducive to Wing Hang Bank's development in mainland China.
Li Guangyu then said to Guo Fengtao, "I won't give you clear goals for your investment company. I believe you can know how to do it. You inform Liang Botao to increase investment in the Internet and related companies there, especially me.
Give him the list of companies and ask him to buy me some shares, especially those companies that are listed. The current market value of these companies is not high, so they are very suitable for holding some shares for a long time."
Li Guangyu made a request there that the shares of listed companies should not exceed 20, and they were held by several funds. Li Guangyu was worried that he would hold too many shares and affect the development of these companies. The US government was not willing to do so.
Help foreign-owned companies develop.
Guo Fengtao knows that Li Guangyu attaches great importance to investment there. He sent Yuan Sheng to personally station there. He also believes that the companies on the list that Li Guangyu put out will definitely be well-known companies in the future, and their market value will definitely not be low.
Therefore, their investment company attaches great importance to this. You must know that the financial funds in the United States are much more abundant than their headquarters, just to be able to acquire shares of some companies on the stock market.
Guo Fengtao replied, "Li Sheng, don't worry, we have always attached great importance to this matter. Manager Liang is also following your instructions. I will convey your instructions to Manager Liang again after the meeting."
Li Guangyu is still very satisfied with Liang Botao's ability. After he took over Yuan Tianfan's position last year, Tianyu Investment's American branch did not show any regression, and all plans were carried out in an orderly manner.
Especially for Oracle, Li Guangyu has now mastered 25% of the shares after two rounds of financing. Although the shares will be reduced after the listing, Li Guangyu is quite satisfied with such a large number of shares.