Reborn in Hong Kong: The Tycoon Grows Up

Unexpectedly, the first plan was proposed and it was completely rejected. What makes Shen Bi most incredible is that Shark Dantong was the first to stand up, while his old rival Bao Zixuan felt as if everything had nothing to do with him. Huo Yingdong and Zheng Yutong can almost represent the entire Chinese business group. Now it seems that they are determined to fight with you to the end.

Bao Zixuan's attitude is ambiguous, but it's easy to understand. They have laid down such a large piece of land in Fucaira, so of course they will manage it seriously. I don’t want to give up on Xiangjiang, but at least the focus will be tilted towards the Middle East.

In addition, the deposit interest rate of Heiyun Bank is not high, which is similar to that of HSBC Bank. At this point, Heiyun has the same interests as HSBC. Both parties are big banks. Customers come to deposit money mainly because of their reputation and the convenience of handling business. The two banks have many branches and are the first choice for Hong Kong people to handle cross-regional business.

Since Bao Zixuan had no objection, Shen Bi felt confident. Several other banks may seem large in scale, but their strength and branches are ultimately limited. If they are really suppressed and blocked, Heiyun is willing to cooperate and it can be done.

With a look from Shen Bi, Bauhaus-Sanderson immediately understood something, it was asking him to speak.

Before the two came over, they had already formed an offensive and defensive alliance. The other banks are all Chinese-owned. If the two of them do not unite, they will inevitably end in failure. Although there is also a competitive relationship between the two companies, it does not prevent them from cooperating on this matter.

Bauhaus-Sanderson sorted out his thoughts and said: "Taipan Shen Bi's suggestion is still very good. After all, the increase in deposit interest will indeed reduce bank profits. As deposit interest increases, loan interest will naturally increase accordingly. In that way, we What’s the difference between a bank and a loan shark?”

"High interest rates on loans are not conducive to the development of small and medium-sized enterprises. After all, their cost of money has increased, and if they want to ensure sufficient profits, they can only resort to shoddy goods. You are all well-known tycoons in Hong Kong and very rich. But have you considered other small and medium-sized enterprises? How does a business owner feel?

"Many developing companies have failed because financing costs are too high. If Xiangjiang wants to have a good business environment, funds must be mobilized. If companies and individuals are afraid to use loans because the interest rates are too high, then The end result can be imagined.”

"What we are doing now is not about the bank's gains and losses, but about making money. We have to consider Hong Kong's economic development and future planning."

It can be said that this kid just tells Youde's heart about the future of Xiangjiang, but it is also related to Youde's arrangements for returning to London. If what Bauhaus-Sanderson said is true, then bank deposit interest rates really need to be controlled.

Although he is the governor of Xiangjiang, it is difficult for him to express too many opinions on business operations. It's really no good to take action anymore, after all, the game between the two sides is very fierce at the moment. It is not good to offend either party, and it is easy to be criticized.

If it is towards British companies, then Chinese businessmen will definitely feel uncomfortable. Although their return is inevitable, the British still want to establish a sense of presence; at least they cannot let the world say that they came here just to plunder. A lot can be done, but absolutely no one can find fault with it.

If it favors Chinese businessmen, then Shen Bi will definitely go to London to complain. This old boy can definitely do it, and he is used to taking advantage. He has not been willing to suffer losses for so many years. That is to say, if Bao Zixuan can suppress him, he, as the governor, has no obvious advantage in front of him.

Youde is fully aware of HSBC’s position in the UK and the huge chain of interests involved behind it. If the HSBC board of directors puts pressure on Downing Street, it is estimated that the position of Governor of Hong Kong will definitely be unstable.

Now both sides can't offend each other, we can only watch them strangle each other. Before coming here, I was thinking of helping Shen Bi stand up; now it seems that I must not force myself to stand out, as that would be causing trouble for myself.

Hearing Bauhaus-Sanderson say this, Richest Man Bao wanted to laugh. This guy definitely didn’t come to Xiangjiang for the economic development of Xiangjiang. Now it is said so righteously; if you are not familiar with someone, you will really be frightened by the other party.

But this also reflects from the side that the British are really anxious. Previously, they had an absolute advantage in the financial field. That's because the Chinese tycoons have not entered the banking-related field, but small and medium-sized families are fighting against them.

Now their competitors have directly upgraded to the top tycoons in Hong Kong. It can be said that some of the richest people in Xiangjiang are all super families. Moreover, they are very influential in Xiangjiang, and the people will never doubt the financial resources of these people. Then the previous brand advantage disappears instantly.

At the same time, none of the main competitors is a listed bank; making HSBC and Standard Chartered even more passive. After all, as listed companies, their operating costs are not low. If the interest rate is the same, other banks can make money; but for the two of them, it will become unprofitable or even lose money.

Fortunately, the radiation coverage is relatively wide, and Xiangjiang has a large number of immigrants in the past two years. HSBC and Standard Chartered are not so embarrassed.

But now that the immigration wave has passed, no one needs to send money abroad anymore. Then the bank's profits must be obtained from loan interest. While competitors are raising deposit interest rates, they are also lowering loan interest rates. This is done to attract customers, and since they are all private banks, they don’t have to report to anyone.

But if HSBC and Standard Chartered do this, the board of directors will definitely not agree. It would be better not to do business, but you must not lose money. This is a matter of principle. They are businessmen, not saviors.

What both sides are saying now makes sense, but everyone knows that HSBC wants to lower deposit interest rates in order to bring customers back. In other words, HSBC still has great advantages in the financial field in Hong Kong.

Of course, compared with Heiyun Bank, it is worse. However, most of Heiyun's customers are internal employees. There are really not many foreign businessmen, at least foreign companies will not regard Heiyun Bank as their main settlement bank. In other words, HSBC and Standard Chartered still have room for survival.

The foreign businessmen in Hong Kong are still mainly British. In recent years, they have withdrawn one after another. The two banks were left very passive and had no plans to withdraw.

When doing business, customers are the key. If a business loses customers, it will eventually go out of business. HSBC and Standard Chartered are currently facing this situation.

If you want to keep Xiangjiang's existing customer base but don't want to pay, you can only force small and medium-sized banks. Let them lower their deposit interest, because only in this way can they win a chance of survival.

But now the Chinese businessmen don't agree, so they must come up with a plan that they dare not refuse.

In fact, Shark Dantong also has troubles that he cannot tell. The Zheng family has definitely been in troubled times recently. It lost tens of billions of Hong Kong dollars, coupled with the sluggish real estate market. This makes the capital chain very tight; if there is no capital injection, some core assets will eventually have to be abandoned. Cutting off the tail to survive and abandoning the car to save the handsome man may be the only option.

But if they really do that, the Zheng family will definitely be excluded from the top families. The real estate five tigers, the names of super tycoons, have been called for so many years. If all these are deprived, it may be more uncomfortable for Shark Dantong than killing him.

Once you cannot enter the top wealthy circles, information will become blocked. If there is any good project, the Zheng family will not be the first thing that comes to mind. It is almost impossible to turn over, but it will definitely be very difficult.

There are only so many resources in Xiangjiang, and many people want to see the Zheng family decline. That way they can take advantage of the situation and embezzle more profits.

Just waiting for death is not Zheng Yutong's style of doing things and doing business, so he wants to increase the interest rate on deposits and let more customers come to Zheng's Bank to deposit money. As long as they have funds, I believe the Zheng family can definitely survive this difficulty.

Once the real estate market picks up, the Zheng family's funding gap will not be a big problem. Therefore, although the risk is high when Shark dares to gamble again, it is not without possibility of success. Moreover, he himself is very courageous, otherwise he would not be called Shark Tong.

Although fighting HSBC will not bring good results, there is currently no other way. We can only take one step at a time, after all, no one wants to see Nuo's business being divided up by others.

Fortunately, this time the Chinese businessmen have unified their opinions and will never back down. They must fight hard to the end with HSBC and Standard Chartered. If he backs down this time, Shen Bi might cause trouble next time.

Although it will not crowd out HSBC and Standard Chartered, after all, the British side will not agree. But we can continue to reduce the business scale of foreign banks, as long as they can do this; let alone make less money, even if they lose some, they can accept it.