653, Chu Huan is changing the financial industry structure in Xiangjiang
"So, Bao Yugang is in trouble now!"
After Chu Huan returned to Xiangjiang to rest for two days, he returned to the company, and then learned from Xu Yi's mouth some of the things that happened in Xiangjiang during this period.
One of them is that Bao Yugang encountered some troubles!
After entering 1978, for Bao Yugang, it can be said that applause and crisis coexist!
In 1955, when he bought his first old coal-fired cargo ship and started shipping, in only 23 years, he already owned more than 200 ships and a huge fleet of more than 20 million tons, becoming the world's shipping king.
's throne.
By this year, his fleet reached its peak.
In view of his outstanding achievements and contributions, the Queen of England awarded him a knighthood.
The Harvard School of Economics in North America invited him to give a special lecture, and newspapers and magazines from various countries introduced the world's shipping king in large chapters.
Although when the Western media exaggerated the report, in order to connect this conservative Chinese with no special hobbies and the extremely romantic and legendary character of "Ship King", they chose an inappropriate pronoun -
Onassis in the East, but after all, Bao Yugang's achievements have attracted the attention of the world.
If you ask ordinary overseas people who is the most famous businessman in Xiangjiang, not many people will say Chu Huan. They will still think that Bao Yu was the most successful businessman in Xiangjiang just now.
After all, the title of Ship King is really shocking.
However, amidst all this applause, Bao Yugang actually encountered more problems.
Bao Yugang also has many partners in Japan, the two most important of which are Japan Shipping Company and Yamaguchi Steamship Co., Ltd. Just this year, there was news that these two companies were going to close down.
At this time, Bao Yugang's Global has leases for more than 20 supertankers with these two companies. Once the other company goes bankrupt, Global will be hit hard.
"That's right, Global just held a company board meeting on this matter two days ago. At the board meeting, Shen Bi, as a representative of HSBC, asked Bao Yugang to issue a written guarantee on the reliability of the lease, which made Bao Yugang very difficult.
Do!"
Xu Yi sat across from Chu Huan and reported the matter to Chu Huan.
"Haha!" After hearing this, Chu Huan chuckled and said: "Isn't this what makes Bao Yugang difficult? The board of directors of Universal is not all Bao Yugang's partners, but also his competitors. He
There is no way to go to the board of directors to respond to Shen Bi's request, but we cannot refuse it completely, otherwise it will cause some unnecessary misunderstandings and even lead to more suspicion!"
Xu Yi nodded and said: "That's right, so we inquired. In the end, at the board meeting, Bao Yugang just made a simple statement to ensure that there was no problem with the lease between Universal and these two companies, but the details
None of the questions were answered, and we also found out that Shen Bi was very dissatisfied with Bao Yugang’s answer!”
Chu Huan nodded slightly and said: "This is the disadvantage of having too many shareholders in a company. Many times, the person in charge of the company cannot be fully responsible for his own company."
After sighing, Chu Huan asked Xu Yi: "Shen Bi seems to have done well after returning to Xiangjiang. Now he can represent HSBC in various meetings?"
Back then, Shen Bi was driven away by Chu Huan and Roy Bentley. As a result, Roy Bentley finally invited Shen Bi back in Japan for the sake of HSBC's position in Hong Kong!
"Yes!" Xu Yi replied: "Shen Bi has now become the number two person in HSBC after Roy Bentley, and has won the support of many directors on the HSBC board of directors!"
Chu Huan said: "What does Roy Bentley think of this matter?"
Xu Yidao: "It is still unclear what kind of contradiction exists between the two parties."
"Ignore their business!" Chu Huan waved his hand. At this time, Chu Huan was not most concerned about the situation of HSBC. Instead, he asked Xu Yi: "How are the preparations for Alde Commercial Bank Xiangjiang Branch?"
Among the important things for Chu Huan in Xiangjiang this year, it actually includes the entry of Alde Commercial Bank into Xiangjiang.
Xu Yi immediately said: "Alder Commercial Bank has obtained the license issued by the Hong Kong government. Now the Global Building has completed its capping, and the company has also leased the building to Alder Commercial Bank Xiangjiang Branch, which is now under construction The renovation is expected to be officially completed in July this year!”
Alder Commercial Bank entered Hong Kong and the process of obtaining the Hong Kong banking license was uneventful. Now the Hong Kong government is preparing to build Hong Kong into one of the world's financial centers. This year, it has completely relaxed the ban on the entry of foreign banks. In fact, In addition to Alder Commercial Bank, there are also many investment banks from North America, Europe, and Japan.
Alder Commercial Bank is just one of them!
Global Tower is a 28-storey building built by Zhulu Real Estate on top of Central Station with property development rights last year.
In addition to the Global Tower, Zhulu Center in Central Station also has two buildings, the 32-storey and 33-storey Admiralty Center!
After the construction of these three buildings was completed, Zhulu Real Estate did not sell them. Instead, they bought their interests from the MTR Corporation and became a wholly-owned building owned by Zhulu Real Estate.
Enjoy all the rights!
Chu Huan continued to ask: "How is the contact with Zheng Hongbiao going?"
At the beginning of this year, in order to cooperate with Alder Commercial Bank's entry into Xiangjiang, Chu Huan proposed the acquisition of five companies: Volkswagen International Investment, Wynn Finance, Yingtai Securities, Dexin Co., Ltd., and Vanz Finance.
However, although these five companies were in operational difficulties at that time, they had no intention of selling the company. Instead, they wanted to merge because of the interconnectedness between their shareholders.
Among them, Zheng Hongbiao is the largest shareholder of Volkswagen International Investment in these five companies.
At that time, Chu Huan proposed an acquisition. After being rejected, Zheng Hongbiao proposed to meet Chu Huan.
This chapter is not over, please click on the next page to continue reading! Then before Chu Huan left Xiangjiang, the two met. Although Zheng Hongbiao did not want to sell the company to Chu Huan, he also wanted to start more cooperation with Chu Huan. , so it was proposed that if the five companies cannot be merged, the equity of the five companies will be sold to Jiaku.
During the few months that Chu Huan was outside, these five companies did propose merger plans. Among them, the major shareholders of three companies, Wynn Finance, Yingtai Securities, and Dexin Co., Ltd., approved the merger proposals and proposed exchanges.
The plan was ultimately rejected by the High Court, saying that the action violated the Company Law and infringed on the interests of small shareholders and related creditors.
As the merger failed, except for Public International Investment, which was still able to continue operating, the other three companies finally embarked on the path of "liquidation and closure" under the order of the court.
"Zheng Hongbiao has agreed to sell his shares in Volkswagen International Investment. At the same time, Fengwu Securities is also contacting the Hong Kong government in the hope of acquiring shares in the remaining three companies!"
Xu Yi reports to Chu Huanhui.
"Zheng Hongbiao is quite trustworthy!" Chu Huan said.
Xu Yi smiled and said: "I think the other party must be regretting what he agreed with you, boss. After all, Public International Investment has always been Zheng Hongbiao's front line for his Public Bank to enter Hong Kong, especially now that the Hong Kong government
Applications for international banks to enter Hong Kong have been relaxed."
Chu Huan nodded and said: "If you regret it, regret it, but you still have to do what you should do. Contact Zheng Hongbiao to discuss the specific matters of acquiring Volkswagen International Investment!"
"Understood!" Xu Yi nodded and continued: "Boss, Zheng Hongbiao called me before and said that after you return to Xiangjiang, boss, you can take some time to see him again!"
Regarding Chu Huan's return to Xiangjiang, not many people in Xiangjiang know yet.
This is due to Chu Huan's personal low profile.
"In addition, Bao Yugang also called. I hope the boss can meet with him after returning to Xiangjiang!" Xu Yi continued.
"Let's make an appointment!" Chu Huan also understood that such meetings would definitely happen. He and Bao Yugang still had discussions about Wharf matters!
"OK!"
After entering 1978, Chu Huan still has one thing to do, which is also in the financial industry, and that is to acquire Qiu Degen's Far East Bank!
Before that, Chu Huan had been negotiating with Wan Guo Baotong Bank to acquire their shares in Far East Bank. However, Wan Guo Baotong had always believed that it could solve the problem between them and Qiu Degen through legal proceedings and get the shares of Far East Bank.
The right to operate the bank.
"Where has the issue between Wan Guo Baotong and Qiu Degen reached?"
"It is rumored that the court has accepted this case. It seems that both of them really want to go to court!"
Xu Yi replied.
"Help me make another date with Sandy. I want to see what he really thinks now!" Chu Huan said to Xu Yi.
Xu Yi nodded and said: "Okay!"
Xu Yi then began to report to Chu Huan about the company's specific affairs, and Chu Huan also gave his instructions one by one.
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"Are you sure that Alde Commercial Bank, which is about to open in Xiangjiang, is Chu Huan's North American property?"
In the HSBC headquarters, Roy Bentley and Shen Bi were also discussing the situation of Xiangjiang's financial industry. Just today Roy Bentley learned a piece of news that shocked him extremely.
Alder Commercial Bank of North America, which is about to settle in Xiangjiang, is actually Chu Huan’s North American business!
Although there will be countless overseas banks settling in Hong Kong this year, and Alder Commercial Bank is just one of them, it is undeniable that the other bank has rented the just-completed Global Building just after entering Hong Kong. This matter is still very attractive. of.
"There should be no doubt about this matter. My friends in Japan told me that the Japanese branch of Alde Commercial Bank has been listed in Tokyo, and Chu Huan has already invested US$1 billion as Alde Commercial Bank. investment funds, and also reached cooperation with Sumitomo Bank and Mitsui & Co. Now Alder Commercial Bank has entered Xiangjiang and directly rented the Global Building of Zhulu Real Estate. It is obvious that Chu Huan wants to borrow our HSBC plan to form The Triangle Stool Tactics in North America, Asia, and the Future.”
Shen Bi analyzed this matter.
Roy Bentley was a little overwhelmed at this time. They had not yet thought of how to curb Chu Huan's current development. As a result, Chu Huan had officially developed his tentacles into the financial industry in Xiangjiang.
According to Chu Huan's financial resources and influence in Xiangjiang, if he sets up a bank in Xiangjiang, the impact on HSBC is definitely conceivable.
"Although Alde Commercial Bank has just entered Xiangjiang and does not occupy a geographical advantage. It is somewhat unrealistic to develop it all at once, but I think with Chu Huan's influence, he will definitely make great efforts on this matter. , as short as five years, as long as ten years, I think Alder Commercial Bank will definitely become a part of Hong Kong’s banking industry that cannot be ignored!”
Shen Bi also has Roy Bentley's worries.
Roy Bentley said: "Not only that, I also got the news that Chu Huan has contacted Wanguo Baotong Bank, hoping to buy the shares of Far East Bank from Wanguo Baotong. If Chu Huan owns Far East Bank , then Chu Huan will completely occupy the storage business in Xiangjiang New Territories!"
"When did this happen?" Shen Bi asked Roy Bentley in surprise. He had not received any news about such an important matter until now.
Roy Bentley said: "What happened at the beginning of the year, but at that time Sandy told me that Wanguo Baotong did not want to sell their shares in Far East Bank, so I didn't tell you!"
"Confused!" Shen Bi immediately preached. Then he saw that Roy Bentley looked a little unhappy because of his accusation, so he could only continue to preach.
This chapter is not over yet, please click on the next page to continue reading! "The base of Far East Bank is in the New Territories, and Chu Huan's three major factories are also in the New Territories. According to Chu Huan's character, how could he give up on Far East Bank? After so many years, When did you see Chu Huan trying to do something in Xiangjiang but failing?
If Chu Huan acquires Far East Bank, then he will no longer have any shortcomings. Chu Huan's three major factories in the New Territories have about 100,000 workers. Even if the current average salary system in Hong Kong is used, these people will still have 100,000 workers per month. It is more than 100 million Hong Kong dollars, and when the time comes, it will be very detrimental to us at HSBC!"
Today, Chu Huan and HSBC are still partners. Workers in the three major factories of Youth Toys, Endeavor Printing, and Langyan Games are paid through HSBC. This money is also very important to HSBC.
Running water.
If Chu Huan acquires Far East Bank headquartered in the New Territories, then Chu Huan will definitely hand over this business of HSBC to his own bank.
Roy Bentley still said indifferently: "Wanguo Baotong is not a vegetarian. Far East Bank has become an important fulcrum for them to develop their Asian business. They cannot give up easily, otherwise they would not be with Qiu now."
Degen has gone to court, so if Chu Huan wants to acquire Far East Bank, the hope is not too great. I think our most important focus should be on the establishment of Alder Commercial Bank.
If Alder Commercial Bank enters Xiangjiang, it will inevitably impact Xiangjiang's storage, loans, insurance, investment and other fields. If we cannot make a favorable counterattack, I think the impact on us will be even greater.
Especially last year, Chu Huan established a tens-billion apartment plan and a Xiangjiang real estate investment department plan. Now it seems that our hope of obtaining these two projects is not too great!"
Although these two projects belong to Xiangjiang Jiaku and Zhulu Real Estate respectively, the funds for these two projects are deposited in the bank. As long as the money enters the bank, the bank will have greater liquidity.
, for any bank, this fund is a project that must go all out to win.
To put it simply, in another time and space without Chu Huan, Hang Seng Bank, second only to HSBC and Standard Chartered in Hong Kong, had only 12.8871 billion Hong Kong dollars in deposits this year!
This amount of deposits even exceeded Standard Chartered Bank, second only to HSBC in Hong Kong, accounting for 18.2% of the total deposits in Hong Kong. By 1991, Hang Seng Bank's total assets had reached HK$245.97 billion.
From this point, we can also see how rapidly Xiangjiang’s economy developed throughout the 1980s.
Originally, although there were many frictions between HSBC and Chu Huan, only HSBC could withstand such a large amount of deposits. Therefore, everyone has always believed that the funds for these two projects must be placed in HSBC.
of.
But now that Alder Commercial Bank, owned by Chu Huan in North America, has entered Hong Kong, how could Chu Huan support HSBC instead of letting his own bank support it?
Shen Bi thought for a moment and said, "It seems we are going to meet Chu Huan!"
Roy Bentley nodded and asked: "Didn't Chu Huan have been touring his business in Europe and the United States before? Are you back now?"
Shen Bi shook his head and said, "I don't know yet, but I will ask the secretary to call Jiaku and ask about Chu Huan's schedule!"
Roy Bentley had no objection to Shen Bi's decision, but he still asked: "What do you think about this matter? Are we going to compete with Chu Huan or cooperate?"
The problem now facing HSBC is actually a dilemma. The entry of Alder Commercial Bank and Chu Huan's coveting of local banks in Xiangjiang indicate that Chu Huan's banking industry in Xiangjiang is likely to become HSBC's in the future. 's main competitors.
But at the same time, Chu Huan’s Jia Ku was too big in Xiangjiang, and Chu Huan also merged Hehe International-Wheelock into Jia Ku.
It can be said that Jiaku is now the largest company in Xiangjiang. Whether it is HSBC or Jardine, they can only look up to Jiaku at this time.
If it weren't for the fact that Xiangjiang is still under British control, these two companies would be even more at a disadvantage when facing Chu Huan.
After Shen Bi pondered for a moment, he asked Roy Bentley: "Is there any way we can prevent Alder Commercial Bank from entering Xiangjiang's financial market now?"
Roy Bentley replied: "If it was last year, we would have the ability, but now, the Hong Kong government obviously does not want to conflict with Chu Huan again at this period. First, they are worried about Chu Huan being in Hong Kong at this time. The second is that the situation in the north is very unclear now, and the Hong Kong government definitely doesn’t want to stimulate the nerves in the north too much at this time!”
After hearing this, Shen Bi was quite helpless, and finally said: "If this is the case, then we can only seek cooperation with Chu Huan. Since Alde Commercial Bank's entry into Xiangjiang has become a foregone conclusion, then we must Seeking to see if it is possible to achieve some cooperation here.
Previously, Chu Huan's Jiaku had always been run independently and did not bring in outside funds at all. However, my friends in Japan learned that when Alde Commercial Bank entered Japan, Chu Huan had already chosen to cooperate with Mitsui & Co. With the cooperation between Sumitomo Bank, Kurushima Shipyard, Yomiuri Group and Nomura Securities, it can be seen that Chu Huan has an open attitude towards the development of the financial industry.
In fact, only in this way can Chu Huan's Alde Commercial Bank truly penetrate into all walks of life in Xiangjiang. If we can cooperate with Chu Huan's Alde Commercial Bank, then there will be no other problems.
This chapter is not over yet, please click on the next page to continue reading! Even if we cannot cooperate, we should ensure our share of cooperation with Chu Huan and not lose too much!"
Roy Bentley nodded, agreeing very much with Shen Bi's analysis, but then asked: "What about Chu Huan's acquisition of Far East Bank?"
Shen Bi's eyes were sharp and he said: "Chu Huan must not be allowed to successfully acquire the local bank in Xiangjiang. In this case, Chu Huan will have no weakness in Xiangjiang's financial industry, and by then Chu Huan will be able to rely on Alder Business The bank and Far East Bank will establish a brand new financial group in Xiangjiang. At that time, like Chu Huan's other businesses, it will form a completely closed-loop financial empire. Even if Chu Huan doesn't want to, then his opponents will be It’s just us, HSBC.
Now that HSBC has given up its No. 1 position in Xiangjiang, if we cannot even keep our No. 1 position in the financial industry, then the myth of HSBC in Xiangjiang will inevitably become history!"
"So, we are not only seeking cooperation with Chu Huan, but also increasing investment in Xiangjiang?" Roy Bentley couldn't help but confirm to Shen Bi.
"Yes, Chu Huan's tens of billions apartment plan and real estate project investment plan have put him ahead of us at HSBC. If we want to continue to maintain HSBC's leading position in Hong Kong, we must support more companies Come out, only in this way can we form a confrontation between the two heroes with Chu Huan's Jiaku!"
Shen Bi preached with determination.
Roy Bentley sighed a little in his heart. A few years ago, they were the largest company in Hong Kong and the leader in the business community in Hong Kong!
But in the past few years, Chu Huan had taken away their position in Xiangjiang's business community.
"If that's the case, then we need to spend more money, but now the company simply can't come up with so much money!"
Saying that HSBC has no money sounds like an international joke to the ears of Hong Kong people, but this is the fact.
It is true that HSBC occupies the largest amount of deposits in Hong Kong, but as the quasi-central bank of Hong Kong, HSBC must put its deposit-to-loan ratio in a safe position. In addition, the funds they can use to control their own development plans can only be their own. profits, rather than the funds deposited by depositors to HSBC.
And this is the gap between them and Chu Huan.
There are too few funds at your disposal.
Don't forget, HSBC is still in the process of acquiring European banks, which is also a huge expenditure.
Shen Bi said: "There are two ways to solve this matter. The first way is for the company to issue new shares. As the largest listed company in Hong Kong, and with its status in Hong Kong, HSBC will definitely issue new shares." Being sought after by stock investors, this can temporarily relieve our financial pressure.
The second method is to use HSBC's own deposits to convert into loans, and increase support for various industries in Hong Kong in the form of loans. Although this will partially increase HSBC's loan-to-deposit ratio, as long as Hong Kong is still under British control, it will be slightly A higher loan-to-deposit ratio will not have much impact on HSBC!"
"In my opinion, these two plans can be carried out at the same time!" Roy Bentley said seriously after thinking about it: "The development of Chu Huan is too fast now. If we still follow the rules and do it step by step. , it is no longer realistic to close the distance with Chu Huan, we can only do it in danger!"
Shen Bi had no objection to Roy Bentley's decision. In fact, he thought so too.
"It seems like we are going to convene the HSBC board of directors meeting!"
Roy Bentley nodded and said: "I hope I can get the support of the directors of HSBC!"
This is not a trivial matter. Although in the view of Roy Bentley and Shen Bi, these two methods have long-term benefits for increasing HSBC's influence, they are not necessarily in line with the personal interests of every director. .
So this time the board of directors will definitely not go smoothly!
"Now that it has been decided, let us work separately. I will be responsible for the company's issuance of new shares and the establishment of special investment funds, while you go find new people who can invest!"
Roy Bentley preaches.
"Okay!" Shen Bi has no objection to this. Since returning to Xiangjiang, this is actually what Shen Bi has been doing.
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"Ahuan, when did you come back?"
Although Chu Huan had just returned to Xiangjiang and had many people to meet, the first Xiangjiang businessman he met was actually Jian Yueqiang!
Jian Yueqiang was very happy to see Chu Huan return to Hong Kong.
Chu Huan said with a smile: "I just came back two days ago. I dealt with the company's affairs and came to visit Uncle Jian!"
Jian Yueqiang said: "Although I don't know the specific situation of your business in other places, seeing that you have been away for such a long time, it seems that your business in other places is also very huge!"
The current information network is not that developed, so there are many things that Xiangjiang does not know.
"It's not bad!" Chu Huan said to Jian Yue: "Uncle Jian, besides coming to see you this time, there is one more thing I want to discuss with you!"
Jian Yueqiang laughed and said: "Tell me about it, I know that your boy must go to the Three Treasures Hall for nothing!"
Chu Huan expressed his inner plan: "Uncle Jian, I want to acquire all your shares in Bank of East Asia!"
The smile on Jian Yueqiang's face disappeared. This was really a great event!