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739, Hong Kong banknote issuance rights

"Is there any action by Yunhai Group?"

After seeing Karmanin, Nubikin asked directly without any hesitation.

Yunhai Group has already acquired Yongan Group, and has also joined hands with HSBC to acquire shares in other department stores in Xiangjiang. As reported in the media, Yunhai Group has unified the department store industry in Xiangjiang.

Judging from the previous huge money-burning war in the retail industry in Hong Kong, supermarkets, convenience stores, and Japanese department stores have become the three remaining goals for Yunhai Group to complete the unification of the retail industry in Hong Kong.

Among them, supermarkets and convenience stores are two areas owned by Yihe.

So now Newbijian is very worried.

I originally thought that the matter was over, but I didn't expect that the vitality and combat effectiveness of the Yunhai Group would be so strong. It can be said that the Yunhai Group is actually prosperous now. No matter who it is, they will pursue the victory and complete the remaining three goals in one go.

At this time, Karmanen no longer had the confidence he had before. Yunhai Group was so powerful. No one thought that Yunhai Group could win Yongan Group so easily!

"Now it seems that the Yunhai Group has not made any moves yet. Even if they want to make any moves, they should first digest the Yong'an Group. You must know that as the Guo family's children leave the top management of the Yong'an Group, the remaining

With a large number of vacant positions and the need to appease its employees, I think even if they want to take action, they may have to wait until after the New Year!"

Finally, Karmanin gave this answer.

But Niubijian was not satisfied with Karmanin's answer: "Chu Huan's Jiaku is known as the largest talent pool in Hong Kong. It recruits at least hundreds of new people every year, including recent graduates, senior officials who have retired from the Hong Kong government, and

Among the senior management talents poached from various companies, do you think Jiaku’s reserve talents cannot make up for the vacancies left after the Guo family members left Yongan Group?

As for appeasing its employees, although Chu Huan has not officially announced his relationship with Yunhai Group, Yunhai Group's own employee benefits are among the best in Xiangjiang. In this situation, what do you think about the employees of Yongan Group?

Do you need comfort?"

Karmanin was hit twice by Nubijan's soul and he didn't know how to answer the question for a moment.

After an awkward silence, Karmanin continued: "Mr. Taipan, I don't think we need to worry too much about this matter. First of all, although supermarkets and convenience stores are also part of the retail industry, they are actually different from department stores.

Different industries, even if Yunhai Group really unified the department store industry in Hong Kong, it would not actually have a great impact on us.

We only need to run our own company well, then Yunhai Group will have nothing to do to us.

Secondly, Wellcome is not a listed company, which means that Chu Huan’s usual stock market acquisitions will not have any effect on us.”

Regardless of whether he said these words to Niubijian or to himself, after speaking these words, the confidence on Karmanin's face returned.

"I don't care what method you use, you must run Wellcome and 7-11 well. You must know that the company has invested more than 1.3 billion Hong Kong dollars in these two companies. The company cannot afford this loss. You

I can’t afford this loss either!”

Niubijian's expression softened a little, but he still warned Karmanin in his eyes!

Karmanin nodded seriously and said: "I know, please don't worry, Mr. Taipan!"

.

Some are happy, some are worried!

Niubijian is worried that Yunhai Group will take action against Wellcome and 7-11, but on the other hand, Yunhai Group is celebrating for winning Yongan Group.

Inside Zhu Xiaozhao's mountainside villa.

Chu Huan, Zhu Xiaozhao, Li Tianying, Du Huilian, Chen Tao, Liu Zhiyuan and Bryant gathered together.

Li Tianying was making a report to everyone at this time.

"The talents provided by Jiaku, the talents of Yunhai Group, and some of the reviewed talents within Yong'an Group have officially taken over the vacancies left after Guo left Yong'an Group, but it will definitely take some to get started.

Time.

In addition, Yongan Group is also in the process of recovering the equity of each of its companies, but Mr. Du is responsible for this matter, so let him explain it!"

As mentioned before, there are as many as 20 or 30 people working in the senior management of Yongan Group, including some old officials of the Guo family, etc., who all need to leave Yongan Group after this acquisition.

For this reason, Chu Huan had previously instructed the Jiaku Human Resources Department to prepare corresponding talents for these vacant positions.

At the same time, Yunhai Group is an independent consortium compared to Jiaku. If Chu Huan is regarded as his father, Jiaku and Yunhai are his son and daughter, and there is also a Kyushu that is hidden and unknown.

After Yunhai acquires Yongan, the elder brother Jiaku can provide help, but at the same time Yunhai Group also has its own talent pool, and different people will also enter the senior management of Yongan Group.

However, both sides still have their own focus. Talents from Yunhai Group entered Yongan Group through Yongan Department Store, while talents from Jiaku entered Yongan Bank, Yongan Insurance, Yongan Real Estate and other companies.

This is also for convenience. When they separate Yongan Group in the future, they can integrate the various companies under Yongan Group with Yunhai and Jiaku in the shortest possible time!

Du Huilian took over Li Tianying's words and said: "First of all, we have completed the docking with Oversea-Chinese Banking Corporation of Singapore, and now the other party's 25% share transaction process in Yongan Group has been completed.

In addition, the original shareholder companies of each holding company under Yongan Group have also completed docking with them, and most of them still have no objection to selling their shares!"

It has become a foregone conclusion that Yunhai Group controls Yongan Group. The shareholders of other subsidiaries also have a thorough understanding of this matter. They understand that even if they hold on to the equity of these companies, it is actually of no use. The most important thing is that it will lead to

Come to Yunhai Group and Jiaku Group to jointly target.

This chapter is not over yet, please click on the next page to continue reading! They have no way to deal with such an enemy.

Since this is the case, it is better to sell well to these two groups at this time, and maybe there will be better cooperation in the future.

"Most people? So there is a small group of people who don't want to sell their shares?" Chu Huan asked.

Du Huilian nodded and said: "That's right. There are always some people who think differently from ordinary people. They think that now that Yong'an Group has been acquired by Yunhai Group, the future development of these companies will definitely be better.

, so among this small group of people, some hope to wait for these companies to develop and grow under the leadership of Yunhai Group, and the shares in their hands will naturally become more valuable.

There are also some people who want to sell their shares at a price that we simply cannot accept!"

Chu Huan nodded at this idea. It was not surprising that such a situation occurred. In fact, such a situation had also occurred when Jiaku acquired some other companies before.

But things are different now!

"any questions?"

Du Huilian looked at Chu Huan confidently and said, "Chairman, please rest assured, I have a way to deal with them!"

Chu Huan is satisfied with Du Huilian's answer. For those who affect Yunhai's overall plan, Chu Huan will not allow them to succeed. Therefore, if these people are wise and leave with a generous amount of funds, they will be the ones who

The best ending, if they want more.

Even consortiums like Jardine and HSBC now dare not confront Jiaku and Yunhai. These people don't know where they got the courage to be greedy with Chu Huan.

However, Chu Huan is now the number one person in Xiangjiang, and it is no longer the time to start a business. Therefore, Chu Huan will definitely not do these things that slightly affect reputation, not to mention those people are not qualified, so this

This thing was naturally done by Du Huilian!

Chu Huan told Li Tianying: "After completing the acquisition of Yongan Group's subsidiaries, Yunhai Group can split Yongan Group with Jiaku Bank and Zhulu Real Estate!"

Although Li Tianying answered Chu Huan immediately, "Yes!"

But in fact, Li Tianying is still a little reluctant in her heart. Although whether it is Yunhai Group or Jiaku Bank, Zhulu Real Estate is Chu Huan's industry, but he is only responsible for Yunhai Group. If Yongan Group as a whole stays in Yunhai Group

If so, it will produce greater benefits and your share will be greater.

But if they are divided, they will only be left with Wing On Department Store.

But Li Tianying could only think about this kind of thing in her heart. It was not something she could make a decision on.

Chu Huan did not guess what Li Tianying was thinking, but told everyone: "Now that the company has completed the acquisition of Yongan Group, the next step is the Japanese department store in Xiangjiang!"

As mentioned at the beginning, if Yunhai Group wants to take over the entire retail industry in Xiangjiang at this time, the only ones left are the Japanese Department Store in Xiangjiang, Yihe's Wellcome Supermarket, and the 7-11 that is being prepared.

.

When Chu Huan was preparing this plan, he had actually already thought about the order of their sucking, and Yihe was going to be last!

Although Yihe has already invested a lot in the money-burning war and the preparations for 7-11, in Chu Huan's view, this is not enough. They must increase their investment in 7-11 until later.

The best time for Chu Huan to take action was when Yihe had no way to withdraw their funds during the preparation process of 7-11.

Li Tianying said: "I have already sent invitations to the general managers of Mitsukoshi Department Store, Tokyu Department Store, Isetan Department Store, and Matsuzakaya Department Store. In two days, I will formally meet with them to discuss buying shares in their companies!"

Zhu Xiaozhao laughed and said: "This is a difficult battle. You have to be careful and don't let them take advantage."

Li Tianying said confidently: "With the help of Jiaku Negotiation Department, I believe there will be no problems!"

On the other side, Liu Zhiyuan looked at Chu Huan with some excitement and asked: "Chairman, when will we take action against Xiangjiang's banking industry?"

This is the second step of Chu Huan's entire plan.

In Chu Huan's entire huge plan, unifying the department store industry in Xiangjiang is their first step. Elevating the integration of Jiaku Bank and Alde Commercial Bank to the status of HSBC, or close to the status of HSBC, is the second step.

Step!

In the banking industry in Hong Kong, if you want to be at the same level as HSBC, or just behind HSBC, then the banks under Jiaku must raise a glass to three conditions.

The first one is to increase the number of branches of Jiaku's banks and use the quantity to increase the deposits of Jiaku's banks. We do not need to catch up with HSBC, but at least surpass Hang Seng.

The second is to have the right to issue Hong Kong dollar notes, which is a sign of a truly top bank in Hong Kong. Before this, the banks with the right to issue notes in Hong Kong were HSBC, Standard Chartered, and three banks.

Needless to say, HSBC and Standard Chartered, everyone knows these two banks, while Benefit Bank is somewhat unfamiliar to everyone.

But in fact, he has been brilliant before, otherwise he would not have the right to issue banknotes in Hong Kong.

This bank was founded in Bombay in 1853 by a group of British and Indian businessmen. After moving to Hong Kong in 1857, it also attracted several foreign businessmen who had been doing business in China for many years.

Its original Chinese translation was: London (London) China International Bank of China Third Branch, India.

Such translations are annoying and confusing.

At that time, some people called it the Three Banks, the Bank of Three Kingdoms, the Bank of India, London, and China, and so on. They were all kinds of and full of jokes.

At that time, many people asserted that if the bank account is unlucky and unlucky, it will lead to a premature death and a short life.

In fact, this bank has a very long life. It was founded in the early days of the opening of the port and was one of the three major British banks in the port that survived to the later years.

This chapter is not finished yet, please click on the next page to continue reading the exciting content that follows! Lili Bank actually changed its name in the 1950s. The bank was in crisis, and in order to seek luck, it came back to life and changed its Chinese name to "Lili".

"Favorable" turned out to be unfavorable. It was renamed in 1958 and fell into another crisis in 1959. It relied on HSBC's capital injection and blood transfusion to avoid bankruptcy. Since then, the controlling stake has been in the hands of HSBC. By January 1978, HSBC officially acquired Favorable.

The right to issue banknotes was transferred to HSBC, and it lost the title of "note-issuing bank", leaving only the bank number "Luxury".

So now there are only two banks in Hong Kong with the right to issue banknotes, HSBC and Standard Chartered!

Another point to note is that although HSBC is now the bank that issues the largest number of banknotes in Hong Kong, this is not because the relationship between HSBC and the Hong Kong government is better than Standard Chartered.

The quantity of banknotes issued is fundamentally tied to the bank's strength and reputation.

The issuance criteria of Hong Kong dollars are based on the Exchange Fund as the issuance mechanism. When issuing banknotes, the note-issuing bank must exchange full assets for an interest-free "debt certificate" from the Hong Kong Exchange Fund as the basis and guarantee for banknote issuance.

The asset exchanged for the certificate was originally silver dollars, but now it is changed to US dollars.

For example, if HSBC wants to issue HK$10 billion, it must use all its assets (US dollars, etc.) to "buy" debt certificates, which is equivalent to depositing HK$10 billion of US dollar securities into the Hong Kong government's Exchange Fund.

According to later statistics, taking the currency issuance in Hong Kong next year as a reference, the currency issuance in Hong Kong at that time was 10.464 billion Hong Kong dollars, of which HSBC accounted for 70.5%, Standard Chartered 19.1%, and the government 10.4%.

The Hong Kong government only issues coins of less than $5, and the rest of the banknotes are issued by HSBC and Standard Chartered.

Third, that is the independent settlement function. At this time, there are only two banks in Hong Kong that have this function and are called settlement banks, HSBC and Standard Chartered!

Later, with the establishment of Bank of China, Bank of China also had the function of a settlement bank.

In later generations, the Hong Kong Monetary Authority launched the U.S. dollar RTGS system in 2000, with HSBC as the settlement bank, and everyone settled the U.S. dollars at HSBC; in 2003, the Euro RTGS system was launched, with Standard Chartered Bank as the settlement bank, and everyone settled at Standard Chartered Bank.

Euro; the rn currency rtgs system was launched in 2007. Bank of China serves as the settlement bank, and everyone settles RMB at Bank of China.

Only when these three conditions are met, can Chu Huan complete the layout of the banking industry in Hong Kong.

Judging from these three conditions, it is not difficult to see that Standard Chartered Bank will be the most critical bank for Chu Huan to lay out the banking industry in Hong Kong this time.

In fact, not only is Standard Chartered Bank very important to Chu Huan now, but also in the later period, when Alder Commercial Bank plans to expand its European banks, Standard Chartered Bank will also be an important strategic point!

Therefore, Standard Chartered Bank, a bank that had been targeted by countless Hong Kong translators, finally fell into Chu Huan's sight at this time.

The only difference between the two sides is that those people took advantage of the chaos when Standard Chartered Bank was attacked in the 1980s. But this time, what Chu Huan wants to do is to attack Standard Chartered Bank during its heyday.

!

The difficulty is naturally even greater!

As for Chu Huan’s third goal in this war, it has been mentioned countless times before, and that is Yihe and Land!

Facing Liu Zhiyuan's inquiry at this time, Chu Huan smiled and said: "Don't worry now, after we get the shares of the Japanese department store in Xiangjiang, we will naturally take action against them!

Things have to happen one by one. If we act at the same time, it will only unite our enemies, which is not a good thing at that time."

Hearing Chu Huan's answer, everyone at the scene also made small noises. Finally, Chen Tao said: "Divide them and attack them, and defeat them one by one!"

Chu Huan nodded, "That's what I mean!"

Whether it is Standard Chartered or Yihe, their status in Xiangjiang is too special. If Chu Huan declares war on both of them at the same time, then HSBC will not be able to stand alone by then. Even if there is already a conflict between Chu Huan and HSBC

A cooperative relationship was reached.

But in this matter, Chu Huan believes that HSBC will still side with Jardine and Standard Chartered. If this is the case, then if Chu Huan wants to win over Standard Chartered and Jardine, it may not be that simple.

It is estimated that at that time, the Hong Kong government will also end up with one against four, which is not a good thing.

.

Just when Chu Huan finished talking to Du Huilian and others and they were going to do specific things, Vignali came back from Italy and went directly to Zhu Xiaozhao's mountainside villa.

This is not the first time that Zhu Xiaozhao and Vignali have met, but it is not the first time that they are familiar with each other. Vignali came back from Italy this time mainly to tell Chu Huan about warehousing and logistics in Italy.

preparation.

Chu Huan wants to build Yunhai Group into a global giant in the retail industry, so the European warehousing and logistics industry that is now beginning to be deployed has also been allocated to the Yunhai Group by Chu Huan. However, as mentioned before, in terms of technology

Before computer operations were reached, the retail industry would not rush into the European and American markets.

So now for Yunhai Group, in the warehousing and logistics industry in Europe, it is actually a matter of going ahead with food and grass before troops are deployed.

"Here are the storage locations we found in Italy, as well as some documents required for the process. You two can take a look!"

Vignali handed the document in her hand to Chu Huan and Zhu Xiaozhao in duplicate. Her eyes lingered on Zhu Xiaozhao's belly for a moment. She knew that Zhu Xiaozhao was pregnant with Chu Huan's child.

Although Zhu Xiaozhao's status is not as good as Cao Yunshang's, the fact that Zhu Xiaozhao is now in charge of Yunhai Group actually means that the status of Zhu Xiaozhao's children will definitely not be too bad in the future!

I feel a little envious!

Vignali thought so unconsciously.

Her relationship with Chu Huan is more about a combination of interests. When it comes to how much love she has for Chu Huan, Chu Huan probably doesn't believe it herself, but for such a relationship, neither party actually cares much. Chu Huan needs

What matters is Vignelli's loyalty and their family's background in Italy.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! And Vignali also hopes that she and Chu Huan will have offspring in the future. Only in this way can she be more valuable than her son. Maybe in the future, she

He can replace his brother and become the head of their family!

If Chu Huan knew Vignali's thoughts, Vignali would definitely give up this unrealistic idea and let Chu Huan's descendants be the helmsmen of the Italian Black Gloves family. Then Chu Huan would be

What a stupid person can do this!

Even if Chu Huan really has an organization to deal with the dark side, he will not let his descendants be in charge of this organization.

To put it bluntly, if Chu Huan and Vignali really have offspring, then their children must live according to the life arrangement arranged by Chu Huan.

If this descendant is capable, Chu Huan will naturally give him some business management. If he is not capable, then he will honestly receive the funds from the family fund and live like a salted fish.

Chu Huan and Zhu Xiaozhao took the document from Vignali's hand and read it. After Chu Huan read it for a while, he asked Zhu Xiaozhao: "What do you think?"

Zhu Xiaozhao nodded and said: "Very good, I have no objections here, but since Nali's side has completed the preliminary preparations, I think we should also send a group of people from the Yunhai Group to work with the people there to carry out the next step.

It’s work!”

When Vignali heard what Zhu Xiaozhao said, she immediately said: "Don't be so troublesome. The company's framework in Italy has been supported, and the managers have followed the formal recruitment process. I heard that the head office

Isn’t it now that we are laying out the retail industry in Xiangjiang? We won’t bother the head office in Europe!”

Zhu Xiaozhao shook his head and said: "This is nothing to trouble. After all, it has been agreed before to let people from the head office go. Later, the company will use Italy as the center point to expand to other European countries. If there is no president

The company's overall arrangements are prone to trouble."

Vignali argued: "Even if this is the case, there is no need to be so anxious. It's just that the companies in Italy need a period of time to operate. I still think there is no need to be so anxious about this matter."

Chu Huan watched Zhu Xiaozhao and Vignali arguing about this matter here, and also smiled slightly. People say that if there are too many women, it will easily lead to war, and now the dispute has begun.

Zhu Xiaozhao arranged for people from the headquarters to go to Italy. Although it was not to pick peaches, it was also to prevent the warehousing and logistics company in Italy from being too high and losing control in the end.

And Vignali didn't want Zhu Xiaozhao to send people from the headquarters there. In fact, she wanted to do what Zhu Xiaozhao was worried about. Maybe Vignali didn't think so thoroughly, but it was undeniable that she still wanted to be in Italy.

The one over there has more say.

Although Chu Huan had told her before that no other members of their family were allowed to participate in the company's affairs, Vignali was not prohibited.

In the end, Vignali still didn't say anything about Zhu Xiaozhao. After all, Zhu Xiaozhao was the nominal chairman of Yunhai Group. In any case, the company in Italy was also affiliated with Yunhai Group.

"The people from Jiaku will also go there with the people from Yunhai Group!"

Just after the two of them finished their discussion, Chu Huan spoke up.

Vignali and Zhu Xiaozhao showed puzzled expressions at the same time. To put it simply, there are actually three groups of people in Italian warehousing and logistics companies now.

The Italians led by Vignali, the advance preparers of Yunhai Group, and some people sent by Chu Huan, otherwise although Vignali alone could support the preliminary preparations of this company, it would be impossible to do so.

It arrived so quickly and at the same time it was very formal.

But no matter what, Vignali's identity at this time allowed her to guarantee her position in the Italian warehousing and logistics company, and as the Italian warehousing and logistics company took shape, more people were recruited internally, so now

The power distribution in the company there is basically that Vignali's side has the upper hand, followed by the people from the Yunhai Group headquarters, and finally the people sent by Chu Huan.

But this is also related to the fact that before Chu Huan sent people there, he told them that he was only responsible for work and not to participate in power struggles.

Now Chu Huan asked Jiaku to send more people there, not to ensure his control over the company, but actually to ensure Chu Huan's understanding of the company.

Because no matter how Zhu Xiaozhao and Vignali struggle for power, Chu Huan himself is actually in the position of a referee. What the referee has to do is to have an absolute understanding of the situation between both parties!

After the two of them were stunned, Zhu Xiaozhao was the first to understand what Chu Huan meant and said nothing.

On the other hand, Vignali waited for a while to figure out what Chu Huan meant, and then she curled her lips and stopped making comments!

After the matter was resolved, Vignali did not leave. Instead, she accompanied Chu Huan and Zhu Xiaozhao to have dinner before leaving with Chu Huan and went to the villa Chu Huan prepared for Vignali in Deep Water Bay to rest!

That night, Vignali was very crazy. Only by having a child with Chu Huan could she better improve her status.

The typos will be corrected first and then corrected, thank you all~

(End of chapter)


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