Three days later, Li Guangyu and his family returned to London from Paris.
Du Yuemei has reached a series of agreements with the British government in the past few days. Li Guangyu returned to London this time mainly to attend the signing of the acquisition of Xingyuan Mining Company.
Li Guangyu's series of cooperation with the British government also spread to Hong Kong, causing a very strong response in Hong Kong.
This time, the Lee Group's series of investment agreements in England totaled close to US$7.5 billion. Whether it was the US$3.5 billion Xingyuan Mining Company or the Bentley Group's US$2 billion for building expansion or acquisition,
It's an extremely huge amount.
Coupled with the complete ownership of British Telecom Group this time, the Li Group's influence in Britain has increased dramatically, and it has also shocked all walks of life in Hong Kong.
This investment also wiped out all the profits of Li Guangyu's group. You must know that when the Hong Kong dollar exchange rate fluctuated last year, Li Guangyu made a huge profit. During that operation, Tianyu Bank made a profit of more than 3 billion US dollars.
Not only were Li's major groups not affected by exchange rate fluctuations, they also made huge profits.
Since many groups have been expanding and building group headquarters in the past two years, Li Guangyu still needs to borrow 3 billion US dollars from Tianyu Bank to meet all the investments this time. It is impossible for him to divert funds from some groups
come out.
Fortunately, Li Guangyu is playing with his left hand and his right hand. Except for the US$3 billion acquisition of Xingyuan Mining Company and another 0 shares of British Telecom for US$1.4 billion, other projects are on hold and the money is still in Tianyu Bank.
Besides, there is no need to prepare the money for this building all at once and build it over several years. The Bentley Group itself can afford this funding.
Hengyu Supermarket Group is also responsible for this expansion by itself, and does not need Li Guangyu to inject capital. In addition to Xingyuan Mining Company and British Telecom Group, Li Guangyu also needs to inject billions of dollars into Bentley Group for subsequent acquisitions.
In total, Li Guangyu's headquarters needed 100 million U.S. dollars. Li Guangyu transferred his own 3 billion U.S. dollars from Tianyu Bank, and then borrowed 3 billion U.S. dollars from Tianyu Bank using the shares of Hengyu Supermarket Group and Bentley Group as collateral.
Among them, US$100 million is planned to be injected into Xingyuan Mining Company to maintain the normal operation of the company.
The heads of HSBC and Standard Chartered in Hong Kong all know that the Li Group's massive investment shows that the right to issue Hong Kong dollar notes has opened the door to Tianyu Bank, and the British side will no longer be an obstacle.
They are obviously not willing to let others come in and share this power with them. Tianyu Bank is now stronger than the two major banks, but it does not have the right to issue Hong Kong dollars. In the financial world of Hong Kong, many things and some rules are still there
They have the final say. In terms of status, HSBC and Standard Chartered still occupy the top spot in Hong Kong's financial sector.
Once Tianyu Bank has the right to issue Hong Kong dollar notes, they will no longer be able to enjoy some of the special treatment. There will also be changes in Hong Kong's financial sector, and it will be impossible for them to continue to maintain their current status.
Stick Sutherland has been the chairman of the board of directors of HSBC for more than half a year. Now he has completely taken control of the situation of HSBC. HSBC has also made some changes in its senior management.
As the largest individual shareholder of HSBC, he naturally does not want other banks to share the benefits of the right to issue Hong Kong dollar notes.
After the news came from England, he immediately contacted George Lavin, the head of Standard Chartered Bank in Hong Kong, to discuss how to deal with the crisis.
This time, in the eyes of Stick Sutherland and George LaVine, Tianyu Bank is a very big threat to them.
On the morning of the 0th of the month in Xiangjiang, some newspapers in Xiangjiang carried out extensive reports on the financial situation in Xiangjiang.
The theme is that the current financial situation in Xiangjiang is very stable. Maintaining the stability of the current financial structure in Xiangjiang means maintaining the stability of Xiangjiang's economic development. Some forces and groups want to break the current situation for their own interests and regardless of the interests of the more than five million citizens of Xiangjiang.
The hard-fought stabilization of the situation can be punished.
At the same time, the report also specifically recommended that the Xiangjiang Financial Management Bureau must put the interests of the more than five million citizens of Xiangjiang first and not be interfered by some forces. Stabilizing Xiangjiang's finance is the first priority.
On the morning of that day, since it was still early in the morning in London, Li Xuemei from Xiangjiang did not wake up Li Guangyu. She specially held a press conference, accompanied by Luo Qianwen, executive vice president of Tianyu Financial Group.
At the press conference, Li Xuemei said, "Today, I am convening this press conference on behalf of Li's industries. It is mainly to talk about our views on Xiangjiang's finance."
"We are paying attention today to the current views in some newspapers, and many of them are directed at our Lee Enterprises and Tianyu Financial Group. Our Tianyu Bank has been working hard to have the right to issue Hong Kong dollars to break the current situation of HSBC and Tianyu Financial Group.
The two banks, Standard Chartered, monopolize this interest, making the financial situation in Xiangjiang more stable and ensuring that our Chinese capital can have a certain initiative in this matter."
…
After Li Xuemei explained the Li Group's own views, the reporters present began to ask questions.
Among them, a reporter from Oriental Daily asked, "Ms. Li, we have just received news from London. During Li Sheng's inspection in London this time, he reached a series of investment agreements with the London government. According to the British official media, it is expected that this
The investment amount is as high as 100 million U.S. dollars. This is such a large-scale overseas investment. At this time, the Li Group has invested such a large amount of money in England. What is your plan?"
The Li Group has always been very cautious in doing things. According to common sense, Li Guangyu should not appear in London during this period, let alone invest such a large amount of funds in England.
You must know that Li Guangyu has not been to England for four full years since he went to England in 2000. Just to avoid unnecessary troubles, the media group under the Li Group has always been very cautious and never went there.
Express some biased opinions.
Li Xuemei knew what these people were thinking. Not only these reporters, but also many Xiangjiang citizens were extremely puzzled as to why Li Guangyu would break the strategy he had adhered to for several years during this special period.
"This investment by our Li Company in England is a normal business behavior and does not have any political purpose or other intention. We also hope that you will not read too much into it. Our consistent purpose of Li Company will not change. We
As a company, we will never get involved in politics."
Faced with Li Xuemei's statement, these reporters in Xiangjiang did not believe it. The Li Group had just reached an investment agreement with the British government, and there were reports immediately in Xiangjiang accusing the Li Group and Tianyu Financial Group of trying to undermine the financial order in Xiangjiang.
It would be strange if this time the Lee Group only made normal investments and had no other purpose. Everyone in Hong Kong knows that the Lee Group has always hoped to break the monopoly of HSBC and Standard Chartered on the right to issue Hong Kong dollar notes.
Otherwise, it would not have been reported by some newspapers just now, and the Li Group jumped out immediately. Those newspapers in the morning did not mention the Li Group and Tianyu Financial Group by name. This is obviously the Li Group.
As for whether the Lee Group has any other purpose besides the right to issue Hong Kong currency notes, they still don't know.