With the arrival of eight o'clock, the banquet officially started. On behalf of CITIC Group, the head of the Rong family expressed his gratitude to the guests present today, and then introduced the history and development of CITIC Group to those who came. He hoped that everyone could interact with CITIC Group.
Collaborate.
After talking about CITIC Group, the head of the Rong family also invited everyone on behalf of the mainland to visit the mainland if you have time. He also looked forward to everyone investing and starting business in the mainland.
The head of the Rong family came to Xiangjiang this time mainly to cooperate with Xiangjiang Capital on the leasing business.
The mainland is undergoing reform and development, and many companies need to import some equipment. However, companies are now facing financial difficulties, and the country is also relatively short of funds. For this reason, he hopes to cooperate with Xiangjiang Capital and issue corporate bonds to purchase equipment and rent it to domestic companies.
.
This time, he mainly wanted to solve the funding needs of a domestic chemical company to carry out technological innovations in the factory there. Due to lack of funds, he had to postpone it in 1980. He hoped that this time he could raise funds from outside so that the factory could complete the project.
Technological innovation creates greater profits.
The head of the Rong family knows very well that the debt securities he plans are still relatively large for the mainland, but in Xiangjiang, as long as these families are willing to support it, this small amount of funds is not a problem at all.
He placed his main targets on the major banking families in Hong Kong. They are the best recipients of this bond, and they are fully capable of releasing them or holding them themselves.
The head of the Rong family knows that there is a person here. As long as he is willing, he can take the bond this time by himself, but he himself is not sure about convincing the other party.
After he finished his speech, he came to Fok Yingdong and said to him: "Mr. Huo, you are also a director of our CITIC Group. This time we plan to cooperate with some banks in Hong Kong to issue 2 billion Hong Kong dollars of corporate bonds. Do you think we should find someone
Who should we talk to, and who should we talk to first?"
Huo Yingdong also understands the difficulties currently faced by the mainland. This issuance of corporate bonds is also to support the reform and development of the mainland. He also hopes that this bond can be issued smoothly.
The current situation in Hong Kong is also a bit complicated. A group of banks including HSBC, Standard Chartered and HSBC Holdings' Hang Seng Bank are not expected to take on this business at this time.
And with Tianyu, East Asia, Heung Kong Asian Commercial Bank, Wing Hang and Sun Hung Kai Bank headed by Li Guangyu, the remaining small banks are unable to bear such a large amount of corporate bonds.
Especially for Wing Hang Bank, although Feng Jingyao is now the major shareholder and he is fully responsible for the development of the bank, Huo Yingdong knows in his heart that Feng Jingyao is just a puppet, and the bank is still actually controlled by Li Guangyu.
The reason why Li Guangyu did this was to enter Wing Hang Bank into the mainland market. After Wing Hang Bank and Tianyu Financial Group drew a line, the restrictions on entering the mainland are much smaller than those of Li Guangyu's Tianyu Bank. As for the
Li Guangyu probably knew the reason very well.
Huo Yingdong said: "Rongsheng, I believe you have a goal in mind for a long time, but you are worried that you will not be able to cooperate with him."
Of course the head of the Rong family knew who he was looking for, but before he visited Li Guangyu yesterday, the relationship between the two parties was still at a stalemate. At this time, who knows what Li Guangyu's plan is.
Moreover, the other party replied yesterday that the Li Group is currently short of funds and unable to invest in the mainland.
The head of the Rong family said: "Huo Sheng, do you think Li Guangyu is willing to take action this time?"
Huo Yingdong did not dare to draw conclusions now. Now he could not understand Li Guangyu's actions more and more. In the past, although he would not stand up and shout support for the mainland, his actions clearly
Express your optimism and support for the mainland.
Huo Yingdong said: "No matter what Li Guangyu's idea is, we will always give it a try. After all, with his support, our bond will be sold soon."
Several people on Li Guangyu's side began to chat. Zheng Yutong said: "The Kadoorie family contacted me and asked me if I wanted the part of the shares in his hands. I wanted to acquire it myself, but my New World Real Estate
The funds here are currently limited, so I plan to let China Investment Company acquire this part of the equity. I don’t know what your opinions are."
On the one hand, Zheng Yutong himself is indeed short of funds. Secondly, he also hopes to bring in China Investment Company and continue to strengthen the relationship between the Zheng family and these companies.
Li Guangyu himself doesn't have any objections to the comparison. Anyway, the share held by the Kadoorie family is now worth more than 300 million Hong Kong dollars. If they pay it out, each family only has tens of millions of Hong Kong dollars.
Zheng Yutong was very happy when he saw that several companies did not refuse. As long as he got the shares from Kadoorie, the Zheng family's management of Hong Kong and Shanghai Hotels Group would not be influenced by anyone.
After all, there was no absolute controlling right before. Regarding the hotel issue, if the Kadoorie family deliberately wanted to cause trouble, Zheng Yutong would not be able to do anything about it.
Just when Zheng Yutong was about to say something, Huo Yingdong, the helmsman of the Rong family, Li Guobao, Feng Jingyao, Chen Youqing and others came to them.
Huo Yingdong said: "Yu Tong, congratulations, this most famous hotel in Hong Kong is finally under the control of our Chinese family."
Zheng Yutong responded with a smile: "Yingdong, this time it was mainly the help of Guangyu and Jingxi that allowed me to control this hotel group. Otherwise, my Zheng family alone would be too far behind compared to the Kadoorie family."
, what’s the matter with you coming here?”
Huo Yingdong then talked about CITIC Group's corporate bond issuance and asked Li Guangyu and Feng Jingxi if they were interested in it.
Li Guangyu did not respond to Huo Yingdong's question, but asked the bank leaders who came over: "Li Sheng, Chen Sheng, Feng Sheng, what are your plans? If you three banks issue this bond,
, there should be no problem."
Li Guobao immediately said: "Li Sheng, we haven't made a decision yet. After all, for such a big matter, we still need to hold a board meeting after we go back. Only then can we decide whether to underwrite this bond. We are also here to listen.
your thoughts.”
Li Guobao is also worried about the problem of the real estate market. Once the real estate market collapses and major banks have problems, they will need a large amount of funds to maintain the stability of the banks. At this time, he does not dare to take any risks.
As for the issue of underwriting corporate bonds, Li Guangyu doesn't care. These are sold to Xiangjiang citizens anyway. Although the bonds have a longer term, with an annual interest rate of 8.7%, Li Guangyu believes that some people will still buy them.
Li Guangyu himself does not intend to let his bank hold these debt securities. He has a better chance to make profits, and it is not worthwhile to put money in them.
Li Guangyu said: "Rong Sheng, Huo Sheng, our Tianyu Bank can sell this batch of bonds for you. We have a limit of one month. How many we can sell depends on luck. I don't dare to give you a big guarantee on this matter."
We will settle the settlement in one month, I wonder if you are willing?"