The negotiation with crns bank went very smoothly. One of the parties was interested in the relationship, and the other was interested in the concubine. After several rounds of negotiations.
crns bank decided to sell its wholly-owned holding bank Daoheng Bank to Jiaku Bank for HK$485 million!
After completing this transaction, Jiaku's plan to acquire local banks in Hong Kong officially began.
Subsequently, Jiaku Bank sent a letter of inquiry to Hengjiang Hang Lung Bank, asking whether the other party had any idea of selling Hang Lung Bank.
Zhuang Rongkun and Zhuang Qingquan were sitting together discussing this matter.
"What do you think about this matter?"
Zhuang Rongkun asked Zhuang Qingquan with a headache. To be honest, he really didn't expect that 1979 was about to pass, and Jiaku Bank would suddenly send an acquisition inquiry to him.
Zhuang Qingquan said: "Of course I can't agree. Hang Lung Bank is our foundation in Xiangjiang, so we can't sell anything to Jiaku!"
Zhuang Rongkun nodded. Zhuang Qingquan actually had the same idea as him, but
"I got the news that Jiaku Bank has just reached a consensus with crns bank to acquire their shares in Daoheng Bank. Now Daoheng Bank has become a fully controlled bank of Jiaku Bank. Now Jiaku has sent us another inquiry.
Could it be that Jiaku wants to monopolize the banking industry in Hong Kong after having already established itself in the textile, real estate, comics, toys, and department store industries?”
Zhuang Rongkun preached quite helplessly at this time.
If possible, he really doesn't want to be an enemy of Jiaku, but now that the other party has sent an acquisition inquiry to him, he has no choice but to let him face the giant Jiaku!
Zhuang Qingquan pondered: "It is impossible to monopolize the banking industry. After all, even if Jiaku is strong enough, HSBC still exists in the banking industry.
However, I think the other party actually wants to become the second largest bank in Hong Kong, otherwise Jiaku would not have suddenly made an inquiry to Hang Lung Bank after acquiring East Asia, Far East, Wing On, and Dao Heng."
Zhuang Rongkun asked: "How determined is Chu Huan to acquire our Hang Lung this time?"
Zhuang Qingquan smiled bitterly: "This matter does not depend on how determined Chu Huan is to acquire Hang Lung, but how long we can persist."
This is the problem caused by the huge difference in strength between the two sides.
Hang Lung Bank now has more than 20 branches in Xiangjiang. It can definitely be regarded as an above-average banking group, but compared with Jia Ku, it is not enough.
Not to mention Jiaku, even a subsidiary of Jiaku can easily crush Hang Lung Bank.
Zhuang Rongkun showed the same wry smile as Zhuang Qingquan, but after all, the two of them were veterans who had been in the shopping mall for a long time. It was impossible for them to surrender with a white flag just because of an inquiry from Jiaku.
"What's good for us now is that we have absolute controlling interest in Hang Lung Bank, and Hang Lung Bank is not a listed company, so if Jiaku wants to acquire us, it must get our consent, so we can definitely do this."
Make a fuss with the other party."
Zhuang Qingquan preached.
But what Zhuang Qingquan said did not make Zhuang Rongkun feel relieved. Instead, he said dullly: "Don't forget, Jiaku is also one of our big customers of Hang Lung. If we reject Jiaku's acquisition, if
When Jiaku stops cooperating with us, it will also cause a huge crisis!"
The reason why Jiaku is known as the number one in Hong Kong is not only because of its size, but also because the entire Jiaku has a great influence on all walks of life in Hong Kong.
Speaking of the banking industry alone, although Jiaku now also has Alde Commercial Bank and Jiaku Bank, in fact, Jiaku also has large and small businesses with other banks in Xiangjiang.
For Jiaku, it is just a small business, but for most companies, it is already the largest business.
As an above-average bank in Hong Kong, Hang Lung Bank naturally has some connections with Jia Ku.
"As long as Jiaku releases the news and stops cooperation with Hang Lung, based on Jiaku's influence in Hong Kong, it will cause a huge sensation and even cause panic among depositors. Don't forget, we just borrowed a loan before
I have given a lot of money to Da Da Department Store. If there is a squeeze wave at this time, Hang Lung will not be able to resist it at all!"
Zhuang Qingquan was silenced by Zhuang Rongkun, and then said angrily: "I now understand that when Yunhai Group provoked the war in the retail industry in Xiangjiang, its purpose was not just the department store industry in Xiangjiang, but also our bank.
Industry."
"It's useless to talk about this now, let's think about how to solve this matter!" Zhuang Rongkun rubbed his eyebrows and said speechlessly.
Zhuang Qingquan said: "I think we should meet with Chu Huan now. When Chu Huan was able to accept a stake in Xiangjiang's department store industry, I think he was also able to accept a stake in our Hang Lung Bank.
If Jiaku can invest in Hang Lung Bank instead of acquiring Hang Lung Bank, then we can not only avoid this crisis, but also enhance our position in the hearts of Hong Kong depositors!"
Zhuang Rongkun said: "I have also thought about this method, but neither of us has any friendship with Chu Huan, so we went to see Chu Huan rashly like this. Can he agree to our suggestion?"
After Zhuang Qingquan pondered for a while, his eyes suddenly lit up and he said: "We have no friendship with Chu Huan, but there is one person who does, and our friendship with Chu Huan is very good!"
Zhuang Rongkun looked at Zhuang Qingquan in confusion and asked, "Who are you talking about?"
"Jian Yueqiang!" Zhuang Qingquan said seriously: "The whole of Xiangjiang knows the relationship between Chu Huan and Jian Yueqiang. There were rumors before that the reason why Chu Huan was able to make a fortune in Xiangjiang was because of Jian Yueqiang's help. If Jian Yueqiang
If you are willing to help, I think this possibility is still very high!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Zhuang Rongkun was happy at first, and then said worriedly: "You also said that the relationship between Jian Yueqiang and Chu Huan is irreversible. Now that Jian Yueqiang has left the Xiangjiang business world,
We no longer have any worries, will he speak for us?"
Zhuang Qingquan said: "You always have to try it. This is the only way I can think of now, unless you can think of something better!"
Zhuang Rongkun naturally had no better way. After thinking about it for a while, he finally agreed to Zhuang Qingquan's suggestion.
.
Zhuang Rongkun and Zhuang Qingquan were very efficient in their work. They quickly found Jian Yueqiang and explained their purpose to Jian Yueqiang.
After listening to what the two people said, Jian Yueqiang showed a helpless expression: "You two, I may not be able to help you with this matter. Although I have a good relationship with Ah Huan, this is someone else's business behavior. Everyone
Having been in the business world for so many years, you should understand that this kind of thing is not appropriate to come forward.
Otherwise, when Ah Huan acquired Bank of East Asia, I wouldn’t have said nothing!”
Zhuang Rongkun naturally would not give up so easily: "Brother Jian, we also know that this matter is embarrassing for you, but Hang Lung Bank is our foundation in Hong Kong, and we will never give up, and Director Chu's Jiaku
It is also a first-class consortium in Xiangjiang. If the two sides really have some disputes, it will not be a good thing for both of us!"
Zhuang Qingquan also added: "Brother Jian, although we don't want Director Chu to acquire Hang Lung Bank, we are very willing to accept Director Chu to become one of our major shareholders in Hang Lung Bank. Xiangjiang is such a big place, and everyone can't see each other without looking up.
If it really hurts the harmony, wouldn't it be a joke to outsiders?"
"That's right!" Zhuang Rongkun also said: "Brother Jian, we are not asking you to persuade Director Chu to give up the acquisition of Hang Lung Bank, but we hope to attract Director Chu to become the major shareholder of our Hang Lung Bank. This is a win-win situation.
Please also ask Brother Jian, for the sake of our friendship over so many years, to come forward and make peace!"
After finishing speaking, Zhuang Rongkun and Zhuang Qingquan stood up at the same time and clasped their fists at Jian Yueqiang.
Seeing the two of them acting like this, Jian Yueqiang also understood that if he still refused, it would really mean that there was no friendship between the two parties.
"I can only pass on a message to you two. I can't guarantee how Ah Huan will decide!"
Seeing that Jian Yueqiang agreed to their request, Zhuang Rongkun and Zhuang Qingquan immediately showed smiles on their faces and said, "Thank you, Brother Jian!"
.
"Uncle Jian, are you here to be a lobbyist this time?"
In Chu Huan's office, Chu Huan and Jian Yueqiang were sitting on the sofa respectively, and Chu Huan smiled and preached.
Jian Yueqiang laughed and said: "I'm not really a lobbyist. I'm just helping Zhuang Rongkun and Zhuang Qingquan to pass on a message. They hope that Jiaku Bank will invest in Hang Lung Bank, but they don't want Jiaku to acquire Hang Lung Bank. But they should be
I thought that I had no friendship with you, Ah Huan, and I was worried that if they came to see you directly, if you rejected them face to face, there would be no room for mediation in this matter, so I found me and asked me to come and investigate.
Check your tone!"
Chu Huan said with a smile: "I'm afraid this matter will disappoint them both. Jiaku Bank's acquisition of Hang Lung Bank is a long-established plan, and it is impossible to change it now!"
Jian Yueqiang was not surprised by Chu Huan's answer. After thinking for a while, he said: "Ah Huan, there is something I want to ask you. Of course, if you feel embarrassed, you don't have to tell me the answer!
"
Chu Huan asked: "Uncle Jian, if you have any questions, just ask him directly. There is nothing that cannot be answered!"
Jian Yueqiang said: "I think the acquisition of Hang Lung Bank should not be the end of Jiaku Bank, right?"
There was really no need to hide this matter from Jian Yueqiang. Chu Huan said with a smile: "That's it. The acquisition of Hang Lung Bank is actually just a starting point for our Jiaku Bank. If possible, I hope to acquire more
Hong Kong Local Bank."
Jian Yueqiang was not surprised by Chu Huan's answer, and said with a smile: "Ah Huan, what I want to say to you next has nothing to do with Zhuang Rongkun and Zhuang Qingquan. It is purely as an elder.
Some suggestions from you!”
Chu Huan smiled and said: "Uncle Jian, you have always taken good care of me since I entered the Xiangjiang business world, you just say so!"
Jian Yueqiang said: "When I suggested you acquire a bank, I actually hoped that you could keep more of your own secrets without being known to outsiders. Now that you have succeeded in this matter, I am very happy for you.
However, now that you want to expand your own Jiaku Bank, in my opinion, it is not a very good time, or it is a little early."
Chu Huan adjusted his sitting posture. For an experienced banker like Jian Yueqiang, Chu Huan still valued his words very much.
Chu Huan's own advantage is due to his understanding of the development of future generations. Although an old practitioner like Jian Yueqiang does not have Chu Huan's understanding of future development, his analysis of the current situation and understanding of the industry are definitely better than Chu Huan's.
of.
"Uncle Jian, you speak and I listen!"
Jian Yueqiang was very pleased to see Chu Huan's attitude. In Xiangjiang now, there are only a few people who can be respected by Chu Huan so much.
"Whether it is acquiring Dao Heng Bank or launching the acquisition of Hang Lung Bank now, I think you are copying your previous successful templates in other industries. Although the Hong Kong banking industry is still dominated by HSBC, this situation
It is impossible to change in a short period of time.
But I think your goal should be to become the second-largest HSBC, or at least surpass Hang Seng Bank and become your own Jiaku Bank!"
Chu Huan nodded and said, "I do have such an idea!"
Jian Yueqiang nodded and said: "And what I said before is that now is not the best time. In fact, this is the problem. I know that Ah Huan also has a lot of influence in England. This is why Ah Huan can be so big in Xiangjiang now.
One of the reasons for monopoly in many industries is scale.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! But the financial industry is too sensitive, and Hong Kong is also very important to Britain. Before there is a formal statement from both parties,
The British side will never allow you to expand the banking industry to such a large scale in Hong Kong.
Maybe, Ah Huan, you have other ways, but I think this will definitely require you to pay something.
What I'm worried about now is actually, is the price you are paying now consistent with the benefits you will get after acquiring these banks?"
Facing Jian Yueqiang's inquiry, Chu Huan was a little silent. He had to admit that what Jian Yueqiang said was reasonable. Before that, his behavior was so smooth that Chu Huan began to ignore some things that should be taken seriously.
However, Jian Yueqiang still doesn't have that much understanding of Chu Huan's strength. Although there will definitely be some resistance from the British side, Chu Huan believes that this resistance is definitely not as big as Jian Yueqiang thought.
So this is one of the reasons why Chu Huan ignored it.
"In addition, there is another reason!" Jian Yueqiang continued to analyze his thoughts to Chu Huan.
"I know that Ah Huan, you have always been very determined about taking back Xiangjiang from your hometown, and I have also been to the capital with MacLehose. I heard some rumors that your hometown is also very determined to take back Xiangjiang.
.
So now we will make an assumption based on the premise that our hometown will definitely be able to take back Xiangjiang. If this matter is announced, I think there will definitely be huge changes for the business community in Xiangjiang. By then, Xiangjiang
The business world will also go through a period of turmoil.
According to the current economic situation in Xiangjiang, if there is turmoil in the business community in Xiangjiang, the two industries that will bear the brunt will definitely be the real estate industry and the financial industry.
If you had made a move at that time, I think your effort would have been far less than what you are doing now, but at the same time, your gains would have been far greater than what you would get now."
After Jian Yueqiang finished speaking, Chu Huan's mind instantly flashed back to the 1982 bank run wave in Hong Kong.
In this incident, Hang Lung, Overseas, Sun Hung Kai, K. Wah, Wing On, Youlian, Conian and other banks were successively hit by the bank run wave.
The major shareholders of these banks also changed hands at this time.
Thinking of this, Chu Huan really admired Jian Yueqiang in his heart, because he clearly knew the direction of the incident, while Jian Yueqiang analyzed it completely based on the current situation.
"In addition!" Jian Yueqiang had obviously thought carefully about the current situation before coming to see Chu Huan.
"There have been rumors outside that A Huan is interested in Yihe and Land. According to the current development speed of Jiaku and the scale of Yunhai Group, I think according to your character A Huan, you must be unable to bear this interest.
The family consortium took action.
First, it became the second largest banking consortium in Hong Kong, and then it acquired Jardine Matheson. Again, how far can your connections in England tolerate you?"
Chu Huan sat there without saying anything. He had already admired Jian Yueqiang just now, but he stopped admiring him now.
But Jian Yueqiang's words really made Chu Huan once again pay more attention to businessmen in this era.
"Uncle Jian, what are your thoughts?"
Jian Yueqiang laughed and said: "Don't worry, the reason why I can think of so much is entirely because I am analyzing the whole thing with an attitude that it has nothing to do with me. To put it simply, I am not in this mountain, so
Only I can see the entire mountain, while others are in the mountain and naturally cannot see it."
Both parties did not specify the specific situation, but they both knew what the other party meant.
"Uncle Jian, I have to say that you are really a good lobbyist this time!"
Chu Huan said with a wry smile.
Jian Yueqiang shook his head and said: "Ah Huan, you are wrong. I have just said it. I am not here to lobby. What I said just now is that after Zhuang Rongkun and Zhuang Qingquan came to find me, I, as one of your elders,
, I’m giving you a piece of personal advice after carefully considering your current situation.”
Chu Huan stood up and said with a smile: "Uncle Jian, I just said the wrong thing!"
Jian Yueqiang smiled and said: "Of course, if you really listen to me this time and give up the acquisition of Hang Lung Bank, I think my reputation in Xiangjiang will probably go to another level!"
Chu Huan knew that Jian Yueqiang was joking. In fact, at Jian Yueqiang's current position in Xiangjiang, he no longer needed any external force to enhance his reputation.
After thinking for a while, Chu Huan said: "Uncle Jian, when you go back, you can tell Zhuang Rongkun, Zhuang Qingquan and the others that I was persuaded by you and gave up the idea of acquiring their bank, and also gave up the idea of becoming a shareholder of their bank!
"
This was not because Chu Huan gave up his previous plan easily, but because Chu Huan understood that Jian Yueqiang's analysis was more reasonable.
The most critical one is about the Yihe matter analyzed by Jian Yueqiang.
For Chu Huan, the most important thing at this stage is the acquisition of Jardine Matheson, rather than the integration of Hong Kong's banking industry. The fact that Hong Kong's banking industry will encounter a wave of bank runs in the future is a general trend and cannot be changed, so Chu Huan can wait a little longer.
, after all, it will be 80 years soon, and there is not much time left until 1982.
The bank run wave that occurred in Hong Kong in 1982 cannot simply be regarded as an individual incident. It was caused by a series of events.
In the last few months of 1981, Hong Kong's real estate prices began to decline due to various unfavorable factors such as high interest rates, the depreciation of the Hong Kong dollar, shrinking domestic consumption, declining corporate profits, and digital problems that began to emerge.
In the second year, the British Iron Lady visited China, and then her hometown announced the exact time of Xiangjiang's return.
This chapter is not over yet, please click on the next page to continue reading! When this series of news spread back to Hong Kong, it directly caused the already exhausted property market in Hong Kong. The stock market fell in response and quickly collapsed.
The trigger for the run on Hong Kong commercial banks was the collapse of Xie Liyuan Gold Shop.
Xie Liyuan Gold Shop was founded in the sixth year of Tongzhi in the Qing Dynasty. It was originally located in Macau and is a century-old company.
During the 1970s, Xie Liyuan Gold Shop launched the "Thousands of Gold Accumulation Plan". Citizens only need to purchase gold worth one cent, and then they can open a gold trading account and buy and sell gold according to the gold price of the day.
This plan not only satisfied ordinary citizens' desire to maintain investment value but also make small profits by using the price of gold, and it became very popular at that time.
Industry insiders estimate that Xie Liyuan Gold Shop absorbed more than 20 million yuan through this.
However, as the gold market changed, Xie Liyuan Gold Shop was forced to 'cover up its position' in the market. Finally, due to poor capital turnover, Xie Liyuan Gold Shop closed down in less than a month!
Then a chain reaction occurred. Hang Lung Bank had a close relationship with Xie Liyuan Gold Shop, which directly caused depositors to start withdrawing money from Hang Lung Bank.
It spread from Hang Lung Bank to Overseas Trust Bank, and then to Sun Hung Kai, K. Wah, Wing On and other banks.
It will be too easy to acquire them by then, and there is really no need to rush into this moment.
This time it was Jian Yueqiang's turn to be surprised and couldn't help but ask: "You gave up even the suggestion of becoming their shareholder?"
Chu Huan nodded. If he is a shareholder of Hang Lung Bank by then, he will follow Zhuang Rongkun, Zhuang Qingquan and others to clean up Hang Lung's mess. It may even affect the normal operation of Jiaku Bank in that incident, so Chu Huan will definitely not choose to become their shareholder at this time!
Seeing that Chu Huan answered so simply, Jian Yueqiang found it even harder to understand Chu Huan's thoughts and asked: "Ah Huan, are you really doing this to save face because I came to you?" Bar?"
Chu Huan said with a smile: "Uncle Jian, don't worry, I can clearly distinguish what is friendship and what is business. You really reminded me of what happened this time, and it was indeed done out of business considerations." That’s what you think!”
Jian Yueqiang saw that Chu Huan was speaking so firmly. After carefully thinking about what he had said to Chu Huan before, his expression suddenly changed.
"Do you really want to attack Yihe in a short time?"
Having said this, Jian Yueqiang seemed to have opened up his second line of Ren and Du, and immediately analyzed: "I understand, before you launched a money-burning war in the retail industry, everyone thought that what you wanted to do was to unify Hong Kong. Retail industry, and we now know about your layout in the banking industry, but what they think is that you want to take advantage of this opportunity to expand Jiaku Bank, but in fact your real purpose is to acquire Jardine Matheson?
This time, in order to compete with Yunhai Group for the share of supermarkets and convenience stores, Jardine has invested a lot of manpower and material resources in this matter. It is no exaggeration to say that Jardine is definitely short of funds at this time. If you are at this time It must be the best time to start acquiring Jardine Matheson?"
Ordinary people are on the first floor, Jian Yueqiang is on the second floor, and Chu Huan is on the third floor!
At this time, Jian Yueqiang truly understood Chu Huan's true intentions. He really wanted to take action against Yihe!
For old Xiangjiang people like Jian Yueqiang, who can be said to have watched Jardine become the largest British-owned foreign firm in Hong Kong, Jardine is more often a symbol of Hong Kong.
Now Chu Huan actually wants to take action on this sign!
"How likely is it that Uncle Jian thinks this matter is?"
Chu Huan did not refute Jian Yueqiang's guess. If he refuted it at this time, he would be looking down on Jian Yueqiang's IQ.
Jian Yueqiang sat there, thought for a long time, and then said: "If we purely talk about business behavior, Jiaku definitely has the ability to acquire Jardine, and it is also very big, but."
"But when acquiring Jardine Matheson, we have to consider not only commercial factors, but also political factors, right?" Chu Huan expressed Jian Yueqiang's worries.
Jian Yueqiang nodded and said: "Yes, you have to know that Keswick's influence in London is not small, and Jardine is his lifeblood. If you really want to acquire Jardine, he will definitely fight for your life."
of!"
Chu Huan smiled and said: "I have to thank you, Uncle Jian, for reminding me just now. You can't be too greedy. Choose one of the two. I think it's better to acquire Jardine Matheson first. After all, these banks in Xiangjiang are where they are."
, whenever an acquisition is made, it is an acquisition!”
"Haha!" Jian Yueqiang gave a wry smile at Chu Huan's words and said: "To be honest, I would rather you acquire those banks first. You have to know that acquiring Jardine is definitely several times more difficult than them!"
Chu Huan said with a smile: "First it is difficult and then it is easy. If Jiaku can acquire Jardine, it will be of greater help to the integration of Xiangjiang's banking industry in the future!"
Jian Yueqiang thought for a while and said: "I also have some connections in London. I will fly to London during this period. Although it is not as good as Keswick, it will definitely be helpful. Then I will fly to London."
With your connections in London, this matter should be less difficult!"
Chu Huan thanked her seriously: "Thank you, Uncle Jian!"
Thank you everyone, typos will be corrected first and then~