Reborn Tycoon Rise

Shen Bi said: "Whether HSBC provides a loan or not must be discussed at the HSBC board of directors. This is the Hutchison Whampoa board of directors and we will not discuss this matter today.

The reason why I object is that although Xu Sheng is a business wizard, he has no experience in managing large companies. I don't think Hutchison Whampoa's financing is beneficial to the long-term development of the company! "

Wei Li smiled and said: "Mr. Shen Bi worries too much. Xu Sheng is just investing. I am still responsible for the operation of Hutchison Whampoa."

Shen Bi glanced at Wei Li and said, "Hutchison Whampoa has not gotten rid of its serious debt problem. I just think it's time to change management!"

"You..." Weili was immediately furious. Although everyone knew that he had many conflicts with Shen Bi, this was the first time that Shen Bi said this in front of so many people.

Shen Bi said directly: "Hutchison Whampoa's current difficulties cannot be solved with a large-scale financing. Even if it obtains HK$1 billion and pays off a lot of debts, but without strong profitability, it will still happen sooner or later." Didn't fall.

The reason why HSBC sold the stock to Li Jiacheng was because of his ability to control Hutchison Whampoa. Everyone knows the current performance of Cheung Kong Holdings. 10 years ago, Cheung Kong Holdings was just a small and medium-sized real estate company. But now, it is In terms of land reserves, Cheung Kong already has the largest number of companies in Hong Kong, with more than 30 properties under construction and annual profits of more than HK$100 million. These are all things that Li Sheng has achieved step by step from scratch. He is responsible for controlling Hutchison Whampoa. best choice! "

After listening to Shen Bi's words, Xu Zhi couldn't help but frown. He didn't expect that Shen Bi would support Li Jiacheng so directly.

Wei Li said disdainfully: "Speaking of starting from scratch, it's not Li Sheng's turn to show off, right?"

Shen Bi smiled and said, "That's true, but in terms of management ability, no one here can match Li Sheng!"

Wei Li said: "Today we are discussing financing issues. Can other matters be discussed later? Now let all directors vote. Raise your hands if you agree."

Except for Li Jiacheng and Shen Bi, everyone else raised their hands. Wei Li smiled with satisfaction and said: "Okay, if the number of voters exceeds 2/3, our company will conduct a targeted increase in equity financing for Evergrande Group."

"Wait a minute." Shen Bi suddenly interrupted: "If everyone really agrees with this matter, then please pay off all the loans Hutchison owes HSBC first."

Wei Li's expression changed and he asked, "Shen Bi, what do you mean?"

Shen Bi smiled and said: "According to Hong Kong's banking laws, when the bank believes that the company does not have the appropriate ability to repay its debts, it has the right to require the debtor company to repay its debt in advance. Mr. Wei Li has a master's degree in law. This should be correct, right?"

Wei Li sneered: "This is true, but we have just received 1 billion Hong Kong dollars in financing, and you doubt our ability to repay debts. Isn't this a joke? If you want to find trouble, you have to find an appropriate reason, right?"

Shen Bi smiled and said: "One billion is just a one-time thing. Who can say what will happen in the future? I can't control your financing, but if the debt cannot be paid off, then it will have to go to court."

Wei Li said disdainfully: "The court does not belong to your HSBC family."

Xu Zhi suddenly asked: "How much money does Hutchison owe HSBC?"

Shen Bi smiled and said, "This question is best answered by Mr. Wei Li."

Wei Li snorted coldly and replied: "The head office owes 800 million Hong Kong dollars, but our subsidiaries owe a total of almost 1.3 billion Hong Kong dollars."

"2.1 billion." Xu Zhi couldn't help but clicked his tongue, but if he thought about it carefully, Hutchison Whampoa's market value before the surge was less than 3 billion Hong Kong dollars, but the company's net assets are claimed to be more than 6 billion Hong Kong dollars. The gap is naturally Liabilities.

Previously, HSBC was Hutchison Whampoa's major shareholder. Hutchison Whampoa needed loans for development, so it was natural to ask HSBC first. It owed HK$2.1 billion, which seemed to be about the same!

The 2.1 billion Hong Kong dollars are not all Hutchison Whampoa's debts. 1.3 billion Hong Kong dollars are the total debts of its listed companies. Hutchison Whampoa's parent company only holds shares in its subsidiaries. In addition to Hutchison Whampoa's debts, the other Shareholders of each branch will also be responsible for this.

But Shen Bi's meaning is very clear. All the money must be returned, otherwise he will go to court.

Although there is not much argument, if this kind of thing goes to court, it will cause great harm to the normal development of the company, because other banks are likely to panic and collect debts together, especially when the other party is HSBC, Xiangjiang's " Central Bank”!

Shen Bi threw out the last fire and said, "You'd better think clearly and don't affect your own industry because of other people's companies."

After saying that, he glanced at Kadoorie and the horse stool again.

When the two saw the flames of war coming to their side, they frowned, but soon returned to normal. Although they were annoyed by Shen Bi's invisible threat, when they thought about it carefully, today's matter actually had nothing to do with them.

On one side are Hutchison Whampoa's management and the newly minted Chinese tycoons, and on the other side are HSBC and Li Jiacheng. Although their own strength is not weak, there is no need to offend either party for something without any benefit.

Michael Kadoorie shook his head and said: "Today's proposal of the board of directors, I decided to abstain from voting."

Shi Huaiya also followed: "I also abstain!"

Weili immediately said anxiously: "You..."

Shen Bi was very satisfied and said with a smile: "Wei Li, two directors abstained, and now the approval rate has not reached 66.7%. I think this matter needs to be discussed in the long term!"

Xu Zhi shook his head and smiled and said: "Mr. Shen Bi is playing such a big game, have you really thought about it?"

Shen Bi said: "Xu Sheng, I, Shen Bi, have been working in Xiangjiang for more than 20 years. You are one of the few people who I admire endlessly. I don't want anything unhappy between us. The matter with Huang Regarding the future strategic development of HSBC Bank, you also know Li Sheng’s management capabilities. Wouldn’t it be good to be a shareholder who directly receives large dividends?

There are countless high-quality companies in Xiangjiang. As long as Xu Sheng likes any company, I, HSBC, will be very happy to have the beauty of adulthood. "

Xu Zhi smiled and said, "Really? What if I like Hang Seng Bank?"

Shen Bi was not angry and said: "Xu Sheng is really good at joking, but everything I said before is true. I hope we can have more cooperation in the future!"

…

After the board meeting, in Wei Li’s office:

"I was going to succeed soon, but I didn't expect that I fell short in the end!" Wei Li said angrily with a very ugly face.

After Madden and Kadoorie "rebellion", several directors of Hutchison Whampoa also followed suit. They all have their own properties and only hold temporary positions on Hutchison's board of directors. How could they offend Hong Kong's largest tycoon, HSBC Bank.

Xu Zhi shrugged and said, "I didn't expect that Shen Bi would be so ruthless. He went to great lengths to help Li Jiacheng!"

Wei Li said: "Then what should we do next?"

Xu Zhi smiled and said: "Since plan A failed, of course we will prepare plan B."