Reborn Xiangjiang Tycoon Growth

Before coming over for the meeting, Shen Bi first looked for Bao Yugang. The two were familiar with each other on the one hand, and mainly because Bao Yugang had a deeper relationship with HSBC. As the first Chinese director of HSBC, I believe it would not be the case. He watched the decline of HSBC and was indifferent. Although the charter king has resigned from the HSBC board of directors due to banking laws, his influence is still there. There are too many people within HSBC who are very familiar with him and have a deep friendship with him.

If even Pao Yugang cannot be won, then the final result will definitely not be very good. At present, in the UK, there are only him and the boy from the Sanderson family; not to say that they are weak, at least they cannot see any advantage.

Even if Youde forcibly intervenes through administrative means, the final result will not be very good. And if Shen Bi is asked to ask Youde, he still can't do it; after all, HSBC's historical status does not allow him to do that.

People used to think that in Hong Kong, you had to follow HSBC's rules of the game, otherwise you wouldn't be able to enter; because they provided the ball, the stadium, the game certificate - and the opponent's team.

In the 100 years from the British occupation of Hong Kong to the outbreak of the Pacific War, the most important force that dominated the economy of Hong Kong was the financial trade of Western ocean companies such as Jardine Matheson and Swire.

In Hong Kong in the 1960s and 1970s, a whole set of economic activities related to port trade, including shipping, shipbuilding, loading and unloading, and insurance, were like teenagers growing up in adolescence.

As Hong Kong transformed from an entrepot port to an industrialized city, the foreign banks that relied on entrepot trade also began to survive and integrate. In the fierce merger and acquisition battle, several powerful British-owned foreign companies emerged and gradually developed into a monopoly on the Hong Kong economy. A lifeline comprehensive foundation.

The most well-known among them are the four major British-owned foreign banks: Jardine Matheson, Hutchison Whampoa, Swire & Co. and Wheelock. However, without exception, they all have the most important backing: HSBC.

It can be said that before the rise of Heiyun Group and Bao Zixuan, HSBC was the rule maker of Hong Kong. Shen Bi was the financial governor of Hong Kong. Although he had no title, his power was not weak at all.

How could such a person ask Youde? This old man who had just taken over as Governor-General a few years ago. In Shen Bi's view, the Governor-General's Office should provide good services. As for the economic development and future planning of Xiangjiang, as long as there is HSBC, it is enough. enough.

Now hearing what Bao Yugang said, Shen Bi's anxious heart finally relaxed.

Among the Chinese tycoons, who has the best relationship with Yukang Pao? Maybe Li Chaoren is definitely one of them. After all, the two have had close cooperation many times. Although they are now growing separately, their friendship is still there.

Seeing what Yugang Bao said, and what he said was very reasonable, of course Li Chaoren would follow along; at the same time, he was also telling everyone what double Li meant.

Li Chaoren: "Sheng Bao is right, how can we guarantee the interests of small banks like us? I hope HSBC and Standard Chartered can give an accurate answer."

Shen Bi understood what Li Chaoren said. After all, everyone must survive first before talking about other things. Fortunately, he had already prepared, so he would not let others suffer.

Shen Bi: "I have already thought of a response strategy for Li Sheng's concerns. Of course HSBC will not let it go. After all, we are also a responsible company."

"What I mean is to establish the Xiangjiang Bank Alliance. This alliance is only for those of you who are currently working on it. If any of our banks have any difficulties, you can raise them, and then everyone will jointly contribute funds to solve them in proportion."

"This also ensures that the banks we are working on will not have the risk of bankruptcy. For example, if Bao Bank needs funds, then the Xiangjiang Bank Alliance will provide funds to help it tide over the difficulties."

"If this fails to gain public trust, it means that depositors do not want to live in Xiangjiang. There is no regret in losing such customers."

Shen Bi's plan seems very feasible. But there is another problem, and that is the problem of loans from various banks. If there are several other banks to help cover the situation, then no matter who gives the loan, they will definitely not be able to collect it in the end. Is it possible? We all need to share the responsibility. There seems to be no such truth in the world.

Bao Zixuan: "Shen Daban's idea is too simple. If someone maliciously overdrafts the bank's credit limit, we will also suffer losses in the end. At the same time, how should this ratio be determined? Or is HSBC willing to take the majority share?"

As a well-known person in the banking field, Shen Bi should not make such a stupid mistake. Could it be that he estimated that a loophole had been exposed, or had some other purpose.

Shen Bi said with a smile: "Shen will naturally consider Bao Sheng's concerns. After all, the operating conditions of each bank are different, and some banks already have a lot of non-performing loans. If they cannot survive and go bankrupt, we certainly can't Be the one to take advantage of me."

"What I mean is to establish an alliance so that the people of Xiangjiang can trust it. As long as it is a bank within the alliance, it will definitely be recognized. At the same time, the information released to the outside world can reveal some mutual aid plans within the alliance. As long as it is trusted by the people and depositors, So whichever bank you go to to make a deposit? For them, it’s all the same.”

"In this way, customers will not be attracted by interest rates, but will consider convenience and speed. At the same time, members within the alliance can share information. Once they encounter a financial crisis, they can also make good predictions."

Shen Bi wanted to tell depositors that small and medium-sized banks can also be trusted. At least they don’t have to worry about not being able to withdraw their deposits and suffering financial losses. And it’s just a lip service, and he doesn’t want to take any risks. It’s called an alliance, but in fact I just want to put a shackles on Chinese banks.

Because only in this way can they allow them to absorb deposits according to the prescribed interest rates.

Of course, everyone will not be satisfied with this. It sounds good, but it has no practical benefits for them.

Although HSBC is powerful, it cannot be so unreasonable.

In fact, I heard Shen Bi talk about setting up an alliance. If one bank has a problem, other banks will help in proportion. Shark Dantong was still very excited. After all, the Zheng family has the biggest hole here. If they can get help, the Zheng family will soon be saved. Overcoming the difficulties. But when I heard it next, it turned out that they were just talking about it; they had no intention of putting it into action. Isn't this funny!

Bao Zixuan: "If that's the case, that's fine, but if any company in the alliance has a problem and we don't save it, we will definitely lose the trust of our depositors, and there may be bigger problems by then."

"The entire banking industry in Hong Kong will not be trusted by then. If that is the case, it would be better to maintain the current situation. Each bank develops its own business and does not interfere with each other."

After hearing what Bao Zixuan said, everyone present finally understood what the richest man was thinking. He didn't intend to have too much involvement with Xiangjiang, and he probably had thoughts of quitting.

Maybe some business will be retained in Xiangjiang; but it will definitely not be the focus of future planning.

If you think about it carefully, it seems quite normal. After all, occupying such a large territory in the Middle East will also help other regions develop their economies.

Bao Zixuan can leave. They have the strength and territory. But they can't. No one is thinking of leaving Xiangjiang at the moment. The bank alliance proposed by Shen Bi should really be considered. It has the endorsement of a big bank and the controlling family With its strength, depositors will not have any doubts.

Huo Yingdong: "The establishment of an alliance is a good thing and should be supported. However, there is currently no unified standard for deposit interest. After all, each bank's situation is different, and the regulations are too rigid; on the contrary, it will make depositors feel that there is a deliberate element in it."

"Therefore, I suggest setting up a floating space, that is to say, deposit interest and loan interest; the price must be executed according to this space, and no one can be an exception."

The two sides are currently in a stalemate, and procrastination is no solution. If HSBC makes a decisive move, everyone will be in trouble. It is better for each to take a step back, so that everyone can have something to eat.

Huo Yingdong's status among Chinese businessmen was not to say number one, but he was definitely at the forefront. Moreover, this plan sounded quite reasonable. Therefore, it was quickly approved unanimously, and bank deposit and loan interest rates were quickly formulated.

As for Shen Bi's so-called alliance, there is no problem. It's just that there is still no consensus on who should serve as the president.

In fact, the thing is very simple. As long as Bao Zixuan fights for it, Shen Bi will have no chance. Let Shen Bi serve as the chairman, but he is worried that the old boy will use his power for personal gain and will favor HSBC or British banks. But who makes Bao Zixuan not interested at all, or even He actively refused and his attitude was very firm.

In the end, we had to adopt a compromise solution, the Xiangjiang Bank Alliance; establish a president and two vice-presidents. The combined rights of the two vice-presidents are the same as those of the president.

Shen Bi naturally became the first president of the Hong Kong Bank Alliance, while Fok Yingdong and Pao Yugang became vice presidents respectively. Bao, the richest man, is very Buddhist and is no longer that concerned about Hong Kong affairs.