Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1248 Tycoons in Action 1
At this time, Second Young Master Zheng was full of energy and finally had the power; and his father basically recognized him. His status in the family is already comparable to that of his eldest brother. If things continue like this, it will be a matter of time before he surpasses him. Dad still has the foresight and is now considering the acquisition of Nanyang Commercial Bank, which means that he has greater power and more funds at his disposal.
Mr. Zheng has been busy in the bank for the past two days. He was overjoyed when he saw the daily income figures. It is better to open a bank to make money. Compared with selling jewelry and real estate, the money comes much slower than this.
At the same time, the shipping king Bao Yugang was at home. The second son-in-law, Wu Guang, is reporting the relevant situation to Bao Yugang. In the past two days, his father-in-law has been more concerned about bank affairs, making his son-in-law very busy. Currently, there are only a few banks that can acquire it.
Wu Guangzheng: "I have tentatively contacted Liao Liewen from Chong Hing Bank. The other party also felt that the Liao family might not be able to keep the bank, so there was not much rejection. However, there are many families who want to acquire Chong Hing Bank. Recently, Liao Liewen and the gang Yun Yuan Tianfan communicates frequently."
Hearing that Heiyun was involved, the charter king's mood suddenly became complicated. In Xiangjiang, if there is one person that he is really afraid of, it must be his surname. Bao Zixuan is a person who has always been elusive, and no one knows how much money he actually has. The daily turnover of Heiyun Group is really scary; at least the Bao family has no advantage at all compared to it.
Bao Yugang: "Bao Zixuan is really a person who can't bear loneliness. Black Cloud Bank is already the number one in Hong Kong, and this guy is not satisfied yet. But this time there are four banks. I want to use the strength of the Bao family to win One bank is not a problem.”
"In business, the one with the highest price always wins. Even if Bao Zixuan is rich, he can't swallow up four companies at once, and each of them will pay a high price. Soldiers are quick, and they have more contacts with other companies. They can't be together at the same time. Hanging from a tree. The banks are choosing the buyers, and we, the people, are choosing the banks.”
“It doesn’t matter if you want them to feel oppressed and spend more money if necessary.”
"It seems that the Bao family is very prosperous, but now they are too dependent on HSBC. There are some things that are unclear. It's easy to say that Shen Bi is here. Once Shen Bi leaves office, I can't say who the next Taipan will be."
It is simply unrealistic to completely abide by the rules in the business world. If that's the case, you definitely won't make any money. And when it comes to shipping business, there may be someone who will transport the goods; the accounts here are all settled through HSBC, but they cannot withstand inspection. It would not be easy if we really pursued it seriously.
In addition, seeing that Shadantong has already taken over a bank, the Bao family, which has more assets, must not fall behind. It is safer to put funds in your own bank; the more wealth you have, the more so. The chartering king is also thinking about the future of his family.
Compared with the charter king, other tycoons in Xiangjiang have also begun to take action. When the Zheng family enters the banking industry, of course they cannot fall behind. In the past, everyone wanted to control a bank, but due to the status of a director of HSBC, there was no way to achieve it.
At this time, HSBC’s position in Hong Kong was completely different from before. This makes the identity of a director of HSBC Bank dispensable; it is not an exaggeration to say it is a piece of cake. Bao Zixuan was the first to enter the banking industry, and now Heiyun Bank has become the largest bank in Hong Kong. Moreover, there are branches all over the world, so the safety of funds is absolutely guaranteed.
At this time, Li Chaoren and Li Zhaoji were planning together the possibility of their two families entering the banking industry.
Shuangli knows very well that it is very difficult for one company to enter the banking industry. There are too many competitors, and this is not the time to show mercy; therefore, if you want to achieve results, you must join forces.
So the two started talking in a teahouse.
Li Chaoren: "Li Sheng, Zheng Yutong has entered the banking industry. And the rare earth mineral bonds currently issued have turned the financial industry in Hong Kong upside down. I don't know what you think. Are we just watching from the sidelines?"
Although the two of them don't have many shares in Baohuodong Mining Company, they are making a lot of money in other industries, especially real estate. His strength may be inferior to that of Bao Yugang, but compared with Shark Dantong, he is definitely not inferior.
Li Shauji knew that Li Chaoren must be making a big move by asking him out, and it seemed that he wanted to cooperate this time. In fact, both of them have the same purpose. One party can gain control of the bank by itself. But it is unrealistic to develop or gain the trust of the people.
Li Shaoji said with a smile: "Li Sheng's idea coincides with mine. For the long-term development of the family, it is necessary to have its own bank. But judging from the current situation, it is basically unrealistic for a single acquisition bank. Regarding Li Sheng's character, , and business capabilities, I absolutely believe in you.”
"Cooperation is a win-win choice, and our family has no reason to refuse. In order to show sincerity, if the acquisition is successful, then all the bank management rights can be handed over to Li Sheng in the future, but our family must occupy the same shares as yours."
Doing business as a partnership is not that simple. If there are differences between the two heads, the business will inevitably run poorly. Even if there is no disagreement among the leaders, there is no guarantee that the people below will not be able to make mistakes. Unless there is no other way, or the company is simply too big. Otherwise, these super tycoons really don’t want to do business with others.
Li Chaoren did not expect that Li Shauji could not give up management rights. This is definitely not as simple as trusting yourself, it may be more to reassure him, and at the same time, he will have the energy to do more things.
With such sincerity, if they refuse, then it is probably unrealistic for the two of them to cooperate in the future. At present, the most ideal partner in Hong Kong is really the Lee Shau Kee family. The two companies are equally powerful and there is no problem of the big fish eating the small fish. In addition, the two of them get along very well and can guarantee that there will be no major problems in the next 20 years.
As for 20 years later, if the bank is particularly large, it can be split. If the scale does not increase, then there is no need to continue operating; direct sale may be the best result.
Li Chaoren said with a smile: "Thank you Li Sheng for your trust, but I am not as good at the financial field as you. So let's talk about the issue of management rights. The first thing is how to get the controlling stake of a bank."
"As far as I know, the family of the shipping king Pao Yugang is ready to make a move, and Wu Guangzheng frequently contacts Liao Liewen of Chong Hing Bank. The strength of you and me is still much worse than that of the shipping king, and we have to guard against many things."
"And even if the acquisition is successful, business development will be a troublesome matter. At present, the two largest banks in Hong Kong, Heiyun mainly operate business in the United States, Japan, and mainland China; HSBC is more in Europe and the Americas. Most of the small and medium-sized banks in Hong Kong are To operate business in both the casino and Xiangjiang, there are at most a few branches in Southeast Asia."
"Recently, the Far East Bank's Southeast Asia branch has been acquired by Black Cloud Bank. Shadantong was tricked by Qiu Degen, but not many people know about it now. In addition, the Zheng family is currently in a period of prosperity and can only be destroyed. Swallow it with your teeth."
"Therefore, after the two of us acquire the bank, we will inevitably face brutal competition. We had a good relationship with HSBC before, because Shen Bi knew that we had no competition with him. Now that we have entered the banking industry, we want to keep our board seats at HSBC. It’s simply unrealistic.”
"So we must find Heiyun, HSBC or a major foreign bank to cooperate; only in this way can our bank survive the competition."
Liao Liewen is not stupid either. Wu Guangzheng contacted him because the Liao family took the initiative to let him know. The purpose is simple, to let more people know that Chong Hing Bank has been taken a liking to and there is no need to worry about buyers. In order to raise prices, this is the most normal business method.
Lee Shau Kee is not worried about the purchase price. After all, as long as the buyers unite, there is little possibility of a premium. Even if the premium is based on the financial resources of the two companies, it is not a big deal. Now it’s a question of future development; it’s easy to win a kingdom, but very difficult to hold on to it.
With the current strength of the two banks, the bank will not collapse, but it will be very difficult to develop and grow; if that is the case, what is the point of acquiring it?
Li Shaoji did not expect that Li Chaoren actually knew that Far East Bank's Southeast Asia Generation Branch had been acquired by Black Cloud Bank. It seemed that this guy's pursuit of the banking industry took more than a day or two.
When Black Cloud Bank enters the Southeast Asian market, it will definitely receive a warm welcome. Unlike their real estate business, Bao Zixuan has too many high-end manufacturing industries. Building a factory anywhere will be a huge boost to the local economy. Then it will be extremely difficult for them to enter!
Could it be that they only operate business in Xiangjiang and Casino? There is a serious mismatch in the strength of the two companies.
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