Resource Tycoon Reborn

And now, I'm afraid that even if Gu Yucheng's career path in the Bank of Communications will be cut off in the future, Suo Zhanghong will definitely not have an easy time. The angry leaders will reprimand him a hundred times without being relieved.

His future will be even more miserable than that of Gu Yucheng.

Gu Yucheng may also be transferred to other major state-owned banks, but he might not even think about asking Zhanghong. As long as the bank still wants to have a relationship with the Fang family's company, it will not accept him. This is undoubtedly a setback for himself.

The bank attracts hatred. Just think of the series of famous company names, and only a fool would offend the Fang family for him.

Suo Zhanghong didn't want to offend the Fang family, let alone lose his own future, so he could only seek help from others.

"Well, we really need to seriously consider the situation mentioned by Vice President Gu, Director Hu, and Director Liang." The woman sitting next to Suo Zhanghong coughed and said, "The Fang family and our Bank of Communications really need to seriously consider the situation."

We have cooperated for many years, and these companies under the Fang family are all high-quality customers of our industry. If we do not handle this matter well, the loss of high-quality large customers will indeed be a huge loss for us. However,

I think this issue cannot be overly related to which bank we choose to be our strategic partner of Bank of Communications today!" Gu Yucheng narrowed his eyes slightly and said nothing.

"So what Director Miao means..." Director Hu sneered, "If this happens, what should we do? We are a pilot bank, which means that after us, several other major banks will also do the same.

We will carry out financial reforms and introduce strategic partners. If we reject the Second Gulf Bank and other banks choose the Second Gulf Bank, then the loss of high-quality large customers is inevitable. The same is true for the Second Gulf Bank.

The well-known bank has many branches overseas. In 2001, it successively acquired Chong Hing Bank and Tung Lung Bank in Hong Kong at a price of HK$13.7 billion, becoming the fifth largest bank in Hong Kong.

The bank’s influence in the Middle East far exceeds that of HSBC.”

"However, Director Hu, Gulf Second Bank can be said to have only three shareholders and is not listed. Its management model, business philosophy, and company's management structure are more in line with HSBC's. I think HSBC's situation is more in line with

Our future reform requirements." Director Miao said tit-for-tat, "If we retain high-quality customers but the reform fails, who will be responsible for this?"

"No, Director Miao, if we want to talk about the management model and business philosophy, and the company's management structure, I think Bank of America is our best choice!" Someone else interrupted and said, "Bank of America, regardless of its long history, or its

The ranking and influence in the world's banking industry are higher than HSBC. I can't understand why, in your words, HSBC has become the best..."

This meeting lasted until the evening, and finally ended without any results. Gu Yucheng walked out of the meeting room, looked back at Suo Zhanghong and others, and then left quickly.

In the evening, Fang Mingyuan received a call from Gu Yucheng.

Fang Mingyuan hung up the phone and pondered for a long time. The Fang family supported Gulf Second Bank's participation in Bank of Communications in order to better utilize Bank of Communications' position in the domestic banking industry to serve the Fang family's industries.

Although in China, in addition to Bank of Communications, the Fang family now has financial support from the Second Gulf Bank and Jimin Bank, but judging from the current status of the domestic financial industry, whether it is the Second Gulf Bank or Jimin Bank,

Compared with Bank of Communications, banks are subject to certain restrictions in some aspects. Moreover, as an important shareholder of Jimin Bank, the Fang family also made a promise at the beginning and would not easily give Jimin credit.

Banks make huge loans. Therefore, the role played by the Bank of Communications in the development of various industries of the Fang family is also indispensable.

Of course, the Fang family's financial business in these industries can be transferred to several other banks, and Fang Mingyuan also believes that these banks will definitely welcome it, but this is a trouble after all. Moreover, the Second Gulf Bank has become a strategic cooperation with Bank of Communications.

Or, a very important purpose is to push Gu Yucheng to the first and second positions of the Bank of Communications in the future. In this way, more favorable conditions can be created for the development of the Fang family's industry in the country.

As some people have said, Gulf Second Bank can also become a strategic investor of other major domestic banks, but for the Fang family, the meaning is completely different.

Moreover! Not to mention Gu Yucheng’s good relationship with the Fang family over the years, Fang Mingyuan also hopes that Gu Yucheng can become a typical collaborator of the Fang family!

The epidemic in Hong Kong has stabilized since April. Although new SARS patients still appear from time to time, it is obvious that the peak period of infection has passed. Moreover, many people who were initially sick have been cured and discharged.

, this has enabled people in Hong Kong to relatively calmly accept the reality that Hong Kong is still an epidemic area, and people are no longer as panicked as they were in the early days. Although the entry and exit channels are still not smooth, foreign tourists come

The number of people is still very small, and there are still a pitiful number of people staying in the hotel, but locally, Hong Kong people are gradually returning to their normal lives. There is already a lot more life in the streets.

Richard Robert, President of HSBC Hong Kong, has been in a good mood recently. In the invisible war with other banks to compete for Bank of Communications' strategic investors, HSBC's situation can be said to be great. When I think of the future, HSBC will be able to control Bank of Communications.

With a maximum shareholding of no more than 20%, Robert felt as happy as eating ice cream on a June day.

China's banking industry can be said to be the last big piece of cake in the world that has not been fully developed. And more importantly, it is a market that in Robert's opinion is a sure-to-make profit, with interest rate differentials set by the government.

, and its exclusive monopoly market position determines the reality that in a bank in China, even if a pig sits in the position of president, as long as he does not intend to die, it is absolutely impossible to lose money!

Compared with these state-owned banks in China, these overseas banking industries are simply poor children who have fallen into the water. There is no fixed interest rate difference, and there are so many competitors. As long as you relax a little, you may

Being surpassed by its opponents is not like Huaxia Bank, which can make money even while lying down.

Yes, he also knows that the proportion of non-performing loans in these banks in China is very high, and some even reach quite alarming levels. However, the emergence of these non-performing loans cannot be blamed on the banks. Many of the loans here are

This is all due to government executive orders.

With China's financial reform, Robert believes that similar incidents will become less and less, and the government's administrative orders will have less and less impact on banks' business decisions. However, with the development of the economy, the size of China's financial market will increase.

will become bigger and bigger, and by then, China's banking industry will surely become one of the most profitable industries in the country.

Therefore, Robert believes that if HSBC Hong Kong can become a strategic investor of Bank of Communications, Bank of Communications will definitely return ten or a hundred times its income in the future.

As for its competitors, although Bank of America is powerful, as a well-known bank in the United States, it is a disadvantage. They do not understand Chinese officials, so naturally they cannot "persuad" these people in a targeted manner. The second Gulf Bank

Bank, he admitted that the Second Gulf Bank has indeed developed very rapidly and has a strong background, but its historical background is too short. If it wants to compete with HSBC, which has a history of almost 150 years, it

More time is needed.

In Robert's view, it is only a matter of time for HSBC Hong Kong to become a strategic partner of Bank of Communications. However, he does not mind accelerating the pace. After the epidemic has passed, Robert decided to go to the capital in person and visited several dignitaries.

I believe their opinions will definitely help Bank of Communications officials make up their minds as soon as possible.

Richard Robert was in a good mood, but Rodriguez von Robertner, executive director and chief executive of HSBC Holdings PLC, was in a bad mood.

HSBC Holdings plc, located in London, England, is the holding company of HSBC banks in dozens of countries and regions around the world. HSBC Hong Kong is a wholly-owned subsidiary of HSBC Holdings plc.

HSBC Holdings Co., Ltd. is negotiating with HSBC Brazil, one of the oldest banks in the United Kingdom, to acquire the Brazilian consumer financing business of Lloyds Bank. The two parties have basically reached an agreement. HSBC Holdings Co., Ltd.

The company will invest US$850 million to acquire the Brazilian consumer financing business of Lloyds Bank. But just yesterday, news came from Lloyds Bank that due to the emergence of new competitors, the senior management of Lloyds Bank has decided to suspend its relationship with HSBC.

Negotiations between the two parties of Holding Co., Ltd. And the new competitor is the Second Gulf Bank!

When Robertna heard the news, he almost wanted to strangle the person in charge of the Second Gulf Bank. He didn't understand what the other party was thinking. The Second Gulf Bank only had a few branches in Brazil.

, even if you take over the consumer financing business of Royce Bank in Brazil, in fact, there is no way to start the business. Well, even if your shareholders include children of the Middle Eastern royal family and have a rich family, even if you have a lot of money to burn, it is not

Play like this!

The following news made Robertna feel more and more confused and annoyed. HSBC Mexico was acquired by HSBC Holdings Co., Ltd. last year and plays an important role in HSBC Holdings Co., Ltd.'s global layout. However,

Four of the remaining seven shareholders have notified the bank's board of directors that they will transfer their 37% stake in HSBC Mexico to Gulf Second Bank. Gulf Second Bank is located in Mexico

There was no business at all!

The Second Gulf Bank is also competing with HSBC France to gain control of several small and medium-sized French banks. Although its attitude does not seem firm, it has already caused HSBC France to feel distressed.

It wasn't until April 7 that Gulf Second Bank sent a fax to HSBC Holdings Co., Ltd. Robertna didn't know that Gulf Second Bank had unknowingly acquired 5% of the shares of HSBC Holdings Co., Ltd.

Moreover, the Second Gulf Bank will also start to acquire shares of HSBC Holdings Co., Ltd. on multiple stock exchanges such as the New York Stock Exchange and the Paris Stock Exchange. With a 5% stake in HSBC Holdings Co., Ltd., this can already ensure that the Second Gulf Bank

The second bank barely has a seat on the board of directors of HSBC Holdings PLC.

But this is not the most important thing. The most important thing is why did the Second Gulf Bank suddenly show its hostility towards HSBC Holdings Co., Ltd.? Not only in Brazil, Mexico and France have launched competition with HSBC Holdings Co., Ltd. or its subsidiaries.

, but also to purchase shares of HSBC Holdings PLC on multiple stock exchanges such as the New York Stock Exchange and the Paris Stock Exchange. Such behavior can be called hostile.

As far as Roberta knows, there should have been no business conflicts between Gulf Second Bank and HSBC Holdings PLC before this.

As for the behavior of the Second Gulf Bank, Robertna did not dare to look down upon it. Although the establishment of the Second Gulf Bank was short, its development speed was quite rapid. Now it has formed a considerable network in the Middle East, East Asia, and Southeast Asia.

Its influence is still the fifth largest bank in Hong Kong. More importantly, its shareholders are powerful. One is the Crown Prince of Dubai! The other is an important cabinet minister of Kuwait and a strong contender for the next position of the Emir of Kuwait! Although there are only

Two people, but the funds that these two people can mobilize are tens of billions of dollars.

There is another one, "Fang" who is famous in the world's film industry and shipping industry. His connections are so powerful that no one among his peers can match him. For such a "genius" who is only in his twenties

, if possible, no one would want to provoke him. Because no one can guarantee that they will still be able to face him like this in ten or twenty years.

On April 9, HSBC Holdings Co., Ltd. received a new fax from Gulf Second Bank. In this fax, Gulf Second Bank proposed that HSBC Holdings Co., Ltd. could acquire shares in Sumitomo Mitsui Banking Group of Japan.

Matchmaking. It knows that several Japanese companies hold nearly 6% of the shares of Sumitomo Mitsui Banking Group and intend to transfer them!

Sumitomo Mitsui Banking Group was formed the year before last by the merger of Sumitomo Bank, the core bank of Japan's Sumitomo Group, and Sakura Bank of Mitsui Group. With total assets of more than 100 trillion yen, Sumitomo Mitsui Banking Corporation is the core of Japan's Mitsui Foundation and Sumitomo Foundation.

Enterprise is the second largest commercial bank in Japan and one of the top ten commercial banks in the world.

This news made Robert Na very happy. Japan, as one of the most mature financial markets in the world, is a place that many foreign banks are eager to squeeze into. And Sumitomo Mitsui Banking Group, as the second largest commercial bank in Japan, is

HSBC Holdings Co., Ltd., which is in its expansion period, is naturally particularly interested in its shares.

"Xiaoya, has the fax been sent to HSBC Holdings Co., Ltd.?" Fang Mingyuan put down the pen in his hand and stretched.

"It was sent early yesterday morning." Zhao Ya replied, "Even considering the time difference, they must have received it now."

Fang Mingyuan nodded, believing that the first fax could make the management of HSBC Holdings Co., Ltd. fully understand the dissatisfaction of the Second Gulf Bank. It has to be said that the many offshore companies established by the Fang family overseas will not be established this time.

Gong. The five percent of HSBC Holdings Co., Ltd.'s shares in the hands of Gulf Second Bank were scraped together from company shares controlled by many companies. However, I believe that these five percent of the shares are enough.

The board of directors of HSBC Holdings Co., Ltd. paid attention to the opinions of the Second Gulf Bank. In the second fax, he planned to make a deal with HSBC Holdings Co., Ltd. in exchange for concessions on their investment in Bank of Communications. As long as HSBC Holdings Co., Ltd.

If Hong Kong and Shanghai Banking Corporation, as its wholly-owned subsidiary, make concessions, does HSBC Hong Kong still have any choice?

"Mingyuan, take a look at this document. If there is no problem, just sign it." Zhao Ya stood up and placed a document in front of Fang Mingyuan.

Fang Mingyuan scanned it at a glance. It was an acquisition agreement for Carrefour Group to acquire all the shares of Westfield Department Store operated by Japan's Seiyu Department Store in Shatin, Hong Kong.

Fang Mingyuan couldn't help but laugh. He didn't expect that he and Sun Zhaolun had both taken a fancy to the industries under Seibu Group. However, compared with Sogo0 Co., Ltd., Carrefour Group's appetite was still a little smaller. But it didn't matter.

After Sogo0 Co., Ltd. acquires Seibu Department Store, it will naturally cooperate with Carrefour Group. Compared with Carrefour Group, the Japanese should prefer Sogo0 Co., Ltd., a long-established Japanese department store, to acquire domestic companies.

.

Fang Mingyuan signed his name on the document in a hurry. Fang Mingyuan also gave full trust to Sun Zhaolun's vision. Moreover, in this way, Carrefour Group's voice can be further strengthened in the Hong Kong supermarket chain industry. Although Fang Mingyuan said

The relationship between the Li family and the Li family is also good, but when it comes time to compete, Fang Mingyuan will not show mercy.

Moreover, Carrefour Group's purchase of all the shares of Westfield Department Store has also released a promising signal for the Hong Kong economy, which is currently in trouble, and has positive significance for boosting the confidence of Hong Kong citizens.

However, when it comes to boosting Hong Kong people’s confidence in the future, Hong Kong Kumho Film Group and Kuok Shipping Group should also take action. (To be continued. Please search Piao Tian Literature, the novel will be better and updated faster!)