Reborn in Hong Kong: The Tycoon Grows Up

Chapter 1250 Tycoons in action 3

Not only are Li Chaoren and Li Shauji discussing the joint acquisition of banks, but several other shareholders of Bao Huodong Mining Company are also wealthy owners, and of course they will have ideas. At this time, Hu Yingxiang and the eldest son of the Dong family were at Huo Yingdong's home, discussing the possibility of acquiring a bank.

Bao Huodong Mining Company has allowed the wealth of Hong Kong tycoons to grow rapidly, and some have even doubled their assets. And now that mining has stabilized, it is impossible to lose money; it is just a matter of making more or less. Of course they have plans and ideas to enter other industries.

Not everyone can play the high-tech industry, and manufacturing also requires strong skills. Banking was a good fit, at least for them. The families that opened banks in Xiangjiang before had average assets. After all, HSBC and Standard Chartered exist; it is normal for Chinese Commercial Bank not to develop.

But at this time, the problem of Hong Kong has become clear, and it is very suitable to enter the banking industry at this time, at least there is no problem of not being able to develop. In addition, Heiyun Bank is developing very well, and even Shadantong has entered the banking industry, so they have no reason to lag behind.

Hu Yingxiang: "Huo Sheng, Dong Sheng, Zheng Yutong has successfully acquired Far East Bank. He has also joined hands with HSBC to issue a large number of rare earth bonds. Other small and medium-sized banks in Xiangjiang are somewhat unable to withstand it. Should we participate? This is a good opportunity to enter the banking industry. "

"Furthermore, Wu Guangzheng, the second son-in-law of the chartering king, has already contacted Chong Hing Bank Liao Liewen, indicating that the Bao family also wants to enter the banking industry. We must not fall behind, what do you two think?"

The Huo family used to do business in Xiangjiang, and the British were very afraid of it, which prevented some industries from getting involved. The banking sector is one of them, but it has been much better in recent years. Blind suppression will not solve the actual problem at all. Moreover, it is becoming increasingly clear that Hong Kong will return, and no one can do too much.

There is still great temptation to own a bank. Moreover, all three companies are not short of money at the moment. After the acquisition, they will definitely be able to develop. During his lifetime, Mr. Dong accepted Bao Zixuan's suggestion and did not purchase so many cargo ships. Coupled with the huge dividends from Bao Huodong Mining Company, there was no economic crisis.

The Huo family has more cash and the Huo Dong Mining Company is split. Not only did they get a complete mine, but they also sold part of the shares, which really made a lot of money. Therefore, when it comes to acquiring banks, there is no pressure at all in terms of funding.

At present, Shark Dan Tong all owns a bank, and the Charter King is even more ready to make a move. The strength of the Huo family is definitely not worse than the two of them, and more importantly, they have the support of the Dong family and the Hu family; at least in terms of strength, they are stronger than the other party. Moreover, Huo Yingdong has another advantage, and that is the mainland market. Heiyun Group was able to obtain the license, and the Huo family had no problems.

Huo Yingdong: "What Hu Sheng said is still very reasonable. It is never a problem to put our funds in other banks. Although there is no problem yet, as the wealth increases, the bank will inevitably have some twisted ideas. Some things, It’s better to have it in your own hands to make people feel at ease.”

Hearing Huo Yingdong's support, Mr. Dong had no reason to refuse. He said directly: "My father said before he was alive that everything is dominated by Huo Sheng. Therefore, I will unconditionally support any decision made by the Huo family. The distribution of shares will also be done according to the wishes of the two families. I will never have any complaints."

Mr. Dong is no longer here, causing the strength and influence of the Dong family to decline slightly. Therefore, it is very difficult or even impossible to acquire a bank independently. Instead of doing this, it is better to cooperate with other families. The two people in front of them are both smart and capable owners with strong financial strength; most importantly, there is no problem with their character and they attach great importance to business reputation. I've been offered an olive branch, and I can't find any reason to refuse.

Hu Yingxiang was very satisfied when he heard that both of them agreed; if the three of them join forces, they will definitely be able to achieve their goals. At least at this time, there is no reason to fail.

Hu Yingxiang: "I am going to set my target on Yongheng Bank. At present, the Southeast Asian market of Far East Bank has been acquired by Black Cloud Group. Speaking of Shark Dantong, Qiu Degen was severely involved this time; at the same time, Bao Zixuan was put on the line. It’s just that for the issuance of rare earth bonds, I haven’t revealed it, maybe because I don’t want to cause trouble.”

"Wing Hang Bank has more than 30 branches in Hong Kong and the gambling city. If it is used well, it will definitely be able to gain a foothold in the banking industry. And I have already thought about the first step of expansion. Many companies in China are in urgent need of funds. We should Help it.”

Wing Hang Bank is currently the largest of the four, but with the strength of the three of them, there shouldn't be much of a problem in taking it down. As two founding shareholders of Bao Huodong Company, our financial strength is not weak at all. And now there are three companies joining together. If we don’t acquire the largest one, we would be really sorry for this combination.

Huo Yingdong: "Since Hu Sheng already has a goal, I completely agree. Moreover, soldiers are very fast. There are many tycoons eyeing the bank as a fat piece of meat at present; we must speed up. It doesn't matter even if we spend more money, we must not let others Got a bargain."

"My status is not suitable for me to come forward. I can only provide financial support, so I hope you two can understand."

We are all old people who have been doing business in Xiangjiang for many years, so of course we know the embarrassment of the Huo family.

Hu Yingxiang: "There is no problem. We will resolve the negotiation matter. But now there is another troublesome matter. We must first negotiate with Bao Zixuan."

"Currently our competitors are mainly HSBC, Heiyun, and Charter King; perhaps we will also add Li Chaoren and Lee Shau Kee. But the biggest competitor is definitely Heiyun Bao Zixuan. The strength of Heiyun Bank cannot be underestimated, and we have the richest man in Bao Zixuan. I won’t miss such a good opportunity.”

"Wing Hang Bank still has some high-quality customers and core branches in Hong Kong and the gambling city. No matter how rich Black Cloud Bank is, it started relatively late, so it is impossible to get a good position; especially in the gambling city, it is even more That’s true.”

Feng Yaojing opened banks in Xiangjiang and Casino in the 1930s, a full 40 years earlier than Bao Zixuan. Although his wealth may be worse than other tycoons, there is absolutely no problem with his background.

Huo Yingdong: "Leave the negotiation with Bao Zixuan to Hu Sheng. And even if we succeed in the acquisition, we still need that guy's support. At present, if we want to be recognized by customers, we must purchase equipment from Heiyun Group."

"None of us can produce ATM machines. We also need help from other people for all servers, counter computers and other equipment."

In fact, when negotiating with Bao Zixuan, Huo Yingdong has more face and a higher chance of success. But after returning to Kyoto, China, there were some gaps between the two. Moreover, Huo Yingdong did not want the British to know that the Huo family was going to enter the banking field. Hu Yingxiang has a good relationship with Bao Zixuan, and the other party will seriously consider it.

Even if they can't negotiate, the three of them have no chance of winning if they join forces. Maybe you have to spend a little more money, which is not a problem for a few companies now. Bao Zixuan is a businessman. If he comes to buy equipment, he will definitely sell it. If you don't even give me this face, then no one may speak in the future.

Even if Heiyun Group doesn't sell it, it can definitely buy it abroad. It's a bit troublesome at most. Banning the sale of equipment cannot restrict people.

Hearing Huo Yingdong talk about purchasing equipment from Heiyun Bank, Dong Haoyun immediately thought of a question. So he said directly: "You can be bolder and connect with Heiyun Bank."

"That is, the bank card of our bank can be used to withdraw money from the ATM machine of Heiyun Bank; conversely, the bank card of Heiyun Bank can also be used to withdraw money from the ATM machine of our bank."

"I heard what Sumitomo Takeshi said last time. Although I didn't quite understand it, it was pretty much the same. I still have to ask Bao Zixuan for details. After all, Black Cloud Bank is negotiating this matter with Sumitomo Bank."

In order to open up the Japanese market, Bao Zixuan had to provide some convenience to Sumitomo Bank. Proposing that two bank cards can withdraw money from each other's ATM machines is one of them. You must know that there is no Internet now. If there is a loophole in Sumitomo Bank's system, Black Cloud Bank will also be damaged, but it needs to bear a lot of risks!

Fortunately, you can only withdraw US$2,000 in the equivalent currency of various countries every day. There is an amount limit, so you won’t suffer much loss.

There are many benefits to doing this, at least all bank cards and chips have unified standards; this will make advance preparations for large-scale promotion in the future.

If the three acquired banks can withdraw money with their bank cards at Heiyun ATMs, it will undoubtedly be a huge advantage. At present, Heiyun ATMs are the most popular in Xiangjiang, so depositors will naturally give them priority.

Fok Yingdong: "Dong Sheng is responsible for contacting Yongheng Feng Yaojing; this time each company holds one-third of the shares. What do you think?"

After both said they had no objection, they started to separate.

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