The large banks are as stable as mountains. Not only are there no more runs, but countless citizens are depositing money in these banks.
It was only a pain to those small and medium-sized banks without backers that in the morning the Hong Kong Monetary Authority announced the takeover of K. Wah Bank, Heung Kong Kwong On Bank, Wing On Bank, and Conian Bank.
Affected by this news, small and medium-sized banks ushered in an even more crazy wave of runs, and more banks fell into a situation where their funds were cut off.
However, the stock market is in a state of ice and fire. As several major forces announced that they would increase their holdings of shares in listed companies on the stock market, many investment companies turned around and began to follow suit. This not only stabilized the stock prices of these leading companies, but also
There was a strong backlash.
On the contrary, the stock prices of listed companies that are not a few major forces and have little performance and reputation have not only failed to stop the decline, but have accelerated their decline.
Sitting in the office, Li Jianhui was leisurely looking at the information sent by Wu Jiankun, and he was in an unusually good mood.
In the past, the business community was dominated by a group of powerful people. After this reshuffle, the business community in Hong Kong will be dominated by five major business consortiums.
For a long time in the future, the Xiangjiang market will be a competition between the five major financial groups, and the five-legged structure of the Xiangjiang business community has basically formed.
The strongest one on the surface is the joint consortium, which includes HSBC, Standard Chartered, Jardine Matheson, Swire, China Power, Heung Kong Electric, Hang Lung, ATV, Cheung Kong, Shun Tak, Great Eagle, Sino, Cathay Pacific and many other well-known companies.
Tung Wah Group can only be ranked second. Currently, there are Huihong, Xinjian, Wheelock Holdings, Whampoa Holdings, Chinese Land, East Asia, Daoheng, Guanghua Construction, Kowloon Construction, Xinhui Group, Kowloon Bus, and Jiayi
, Taoda and other enterprises.
The third is the Heung Wah Consortium, which includes Wharf, Global Shipping, Orient Overseas, Wantai Garments, Happy Enterprises, Hopewell Industries, Wing Hsin, Wing Lung Bank, etc.
Fourth is the Huaxin Consortium, which includes Sun Hung Kai Properties, Sun Hung Kai Financial, Henderson, China Gas, Chow Hing Properties, Wah Kwong Shipping, Chinachem Group, Huaxin Film and Television Media, etc.
Finally, there is the New Asia Group, which includes New World Properties, Chow Tai Fook Jewellery, Heung Kong Asian Commercial Bank, IMC, Lai Sun, Far East Group, etc.
Each consortium includes multiple industries, especially Hong Kong's major finance, real estate, shipping, hotels, film and television media, and is a must-have industry for every major consortium.
Among the Four Asian Tigers, Xiangjiang is at the forefront in this regard. Although there is the Nanyang Consortium in Sin Chew, a relatively scattered Nanyang Consortium cannot make big waves. One-on-one, the New Asia Consortium is not afraid of the Nanyang Consortium.
As for Baodao and South Korea, they are still family-based industrial groups, and there are no business consortiums formed by multiple families like Xiangjiang.
Li Jianhui felt that his butterfly effect was getting bigger and bigger. He would no longer enter the stock market and gamble like London Gold. The memories of his previous life could only be used as some reference.
In the previous life, Xiangjiang's consortiums were more about families, but this life is completely different. When various forces continue to jointly invest and cross-hold, they will gradually merge into one and become a business consortium in the true sense.
At noon, in the private room on the second floor of the New World Hotel, Li Jianhui, Li Guobao, Lei Juekun, Feng Jingxi, Li Zhaoji, Zhao Chongyan, the chartering king, Hu Yinxiang, Wang Kuancheng, Zheng Yutong, Lin Boxin, and Cao Wenjin were sitting around the table.
What is very interesting is that these twelve people are all core members of the consortium. Each consortium has exactly three people. The person who entertained the guests also took great pains.
As the host of today's treat, Zheng Yutong said: "Thank you very much for giving me this face and being able to come here. I invite you here today mainly because I hope to communicate with you about future development.
We all have the same origin and are descendants of the Yan and Huang people. We should target the outside world in the same direction and reduce internal disputes. What do you think?"
Whether it is Zheng Yutong's New Asia Consortium, Feng Jingxi's Huaxin Consortium, or the chartering king's Xianghua Consortium, most of them are forced to establish, and they are unwilling to start large-scale business with Donghua Consortium and United Consortium.
compete.
This time, several parties gathered here in the hope of reaching a consensus with Li Jianhui and others. Even if there is no win-win cooperation between the parties, there will be no fight.
Therefore, after Zheng Yutong finished speaking, the chartering king, Feng Jingxi and others successively echoed his words.
Seeing this, Li Jianhui still didn't understand the meaning of today's meal, and he had no intention of becoming an enemy of these major forces.
At present, the target of the Xin Jian Department is still the Nanyang Consortium and the United Consortium. This time the government has liberalized some industries, and Li Jianhui will naturally enter and compete with them in aviation and electricity.
Seeing everyone looking at him, Li Jianhui smiled and said: "I have always hoped that we Chinese can unite and cooperate for win-win results. I very much support Zheng Sheng's proposal."
After the main tone was set, everyone was in a happy mood, and they drank and drank among each other for a while.
After having a full meal, everyone conducted detailed communication on various industries. The focus was on Hong Kong public utilities, including buses, aviation, gas, electricity, etc.
In terms of gas, Li Jianhui put forward his own requirements. He did not need to enter the regional markets of Kowloon, Sha Tin, and Tuen Mun.
However, he will not give up on Yuen Long and Sai Kung, two areas where the Xinjian Department is focused, and Tai Po and North District will also choose to enter.
As for buses, Kowloon Bus does not mind other parties entering this industry and is willing to negotiate routes with all parties.
In terms of electricity, like gas, the focus of the Tung Wah Group is still Yuen Long and Sai Kung, with North District and Tai Po attached.
As for aviation, there is no need to communicate. This can only be done according to one's own abilities, and it is also a very expensive industry. Moreover, the Xiangjiang market is so big, if these companies want to enter, he will not stop them.
In terms of real estate layout, Tung Wah Consortium still focuses on Yuen Long and Sai Kung, with North District and Tai Po, Hong Kong Island, Kowloon, Tuen Mun, Shatin, etc. Tung Wah Consortium will not be involved on a large scale.
Walsam Consortium focused on Tsuen Wan and Tuen Mun, Heung Wah Consortium focused on Kwai Tsing and Kowloon City, and New Asia focused on Wong Tai Sin and Kwun Tong areas.
As for Sham Shui Po, because there are a large number of factories, several parties are unwilling to give up. In the end, each party has to rely on its own capabilities.
This is just that real estate, hotels, shipping, retail, media, jewelry, etc. also all rely on their own abilities, but they do not specifically target and suppress each other.
From noon to nearly 5:00 p.m., all parties ended the discussion, reached a lot of consensus, and avoided large-scale fights among several parties.
However, this thing does not have much binding force. With the development of time, it is difficult to say how long it can be maintained in the future. Especially after the decline of the United Consortium, or when Huaxin, Xianghua, and Xinya become stronger, these consensuses may need to be renewed.
Negotiate.
This time, none of the parties chose Yau Tsim Mong, Hong Kong Island, and Shatin as their key locations because the United Consortium was very strong in these three areas. While the Tung Wah Consortium focused on Yuen Long and Sai Kung, the other three parties did not