The Industrial Giant Reborn

"Chen Sheng, the Baosheng Kadoorie family has taken a loan of 600 million Hong Kong dollars from Standard Chartered, and the mortgage is their 20% stake in CLP Power." Inside the Xinghe Building, Bill Winter, the head of the Standard Chartered Bank, will hold Some documents were handed to Chen Zhiwen and Bao Yugang who were sitting opposite.

"20%? The Kadoorie family only owns 29% of CLP stock, right?" Bao Yugang said with some joy.

"Yes, but this is data from a few years ago. No one knows how much they have now, and even if it was a few years ago, it may not be absolutely accurate." Bill Winter replied with a light smile.

"It should be about the same. CLP has invested heavily in the past few years. It is already very powerful to be able to survive large-scale financing in the market. I don't believe it. The Kadoorie family is still capable of increasing capital. Their family has nothing but CLP and big hotels. Other big industries." Chen Zhiwen analyzed.

Listed companies have many advantages, especially they can take advantage of various opportunities to raise funds, etc., but the downside is that many secrets cannot be kept and need to be announced. CLP’s large investments in the past few years, an ordinary shareholder It can be found, even if there are some optimization data on the public information, it will not be too much difference.

As CLP Power, which monopolizes the Kowloon Peninsula, the investment in infrastructure is very large. The joint venture power plant with the Mobil Group of the United States requires billions of funds. In addition, the Kowloon Peninsula has a large area, people live scattered, and the investment in power transmission infrastructure is also very large. There is also a lot of investment.

This is also one of the reasons why CLP Power is not as good as Hongkong Electric. Only after a few years, the transmission lines in the Kowloon Peninsula and the New Territories are laid, will it be able to make money lying down.

"His loan is illegal, because they have actually mortgaged to HSBC and a bank in the United States before, so we have a handle." Bao Yugang nodded and said.

The Kadoorie family holds close to 30% of the shares in CLP. In addition, although CLP has suffered losses in the past few years, it is not outrageous. Moreover, the reason is the well-known oil crisis, and the crisis will always end. It is unlikely that all of them will dislike the management of the Kadoorie family. Under such circumstances, it can be said that it is as difficult as heaven to force a purchase. Therefore, a long time ago, it was decided to dig a hole and let the Kadoorie family jump .

"Yes, but this does not legally cancel the Kadoorie family's voting rights in this part of the stock. At most, it will make their funds tight." Bill Winter continued.

"It's enough to make their funds tight. This is a surprise attack. As long as they can't gather enough funds in a short period of time, there will be a loophole." Bao Yugang nodded and said. Acquisition is actually a comparison of time. Whoever can raise enough funds in the shortest time can win. The loser, even if the ability to raise funds is strong, but can't raise funds in a short time, it will be too late when they lose up.

"If Baosheng needs funds, our British headquarters of Standard Chartered Bank is also willing to provide you with sufficient funds." Bill Winter said with a smile.

Ordinary loans need to go through the process, but if it is at the level of Chen Zhiwen or the shipping tycoon Bao Yugang, as long as you let it go, hundreds of millions are easy.

"If necessary, I will contact you, but even if there is no cooperation this time, I can still cooperate with Standard Chartered Bank when I book a ship in Europe." Bao Yugang said with a smile.

"Okay, thank you Bao Sheng, Standard Chartered Bank is happy to serve you." Bill Winter said happily.

In fact, this kind of acquisition, although theoretically, the interest rate will be relatively high, but after all, it only happens once every few years. High-quality, high-amount, low-risk type, a large ship ranging from tens of millions to tens of millions of dollars, of which 90% may need a loan, the level of ship kings also has a large number of ship booking plans every year, such orders if If you get it, the benefits of Standard Chartered may be able to increase by a few points or even more.

"Mr. Winter, this is the information on the three shopping mall projects that Wharf is planning to build in Wanwan. As long as the interest rate is similar, then these three projects are owned by Standard Chartered." Chen Zhiwen also took out a document and handed it over, saying: "In the future, Wharf will build large shopping malls in some countries. Standard Chartered Bank will have certain priority cooperation opportunities for these projects."

"Thank you, Chen Sheng." Bill Winter was even more beaming. After forming a long-term cooperative relationship with this person, the subsequent development achievements may be even stronger than Bao Yugang.

"We will not treat our partners badly, and Standard Chartered will also suffer certain losses in Hong Kong because of this incident. This should be regarded as compensation." Chen Zhiwen then said with a smile.

Hong Kong's banking law is actually a history of blood and tears for small depositors. In the early days of the banking industry, the Hong Kong government did not care about potential financial crises at all, but implemented an absolute free financial system. This caused many banks to do whatever they wanted, even to themselves Take your own bank deposits to lend to your own real estate company to copy real estate, or your own gold shop to speculate on gold, etc.

With the repeated thunderstorms in the 1950s, 1960s, and 1970s, Hong Kong’s banking laws began to be gradually improved, which greatly reduced the risk of banks. However, risk and profit have always been twins. The lower the risk, the lower the profit. This is true for Hong Kong. For the bank capitalists, how can they bear it?

Therefore, under the balance of risk and profit, local banks have found a suitable way, which is to turn a blind eye to many second mortgages. Anyway, as long as housing prices continue to rise, the amount of second mortgages this year may It violates the regulations, but next year, when the house price has increased by tens of percent, the value of the collateral will increase, so it will not violate the regulations.

There are naturally some risks in this kind of thing, but there are only a few big banks in Hong Kong, and the remaining small banks don't operate like this? Which real estate agent is willing to cooperate with you? If you don’t give marginal loans, let alone formal loans. When the real estate market is in a bull market, banks need to rely on real estate companies to a certain extent.

At present, Chen Songqing, a rising star in the Hong Kong market, actually used this method to the limit. He is very courageous and ambitious, and he even has the opportunity to get rid of all risks, but his ambition is too great. Recruiting to become the top rich man in Hong Kong, as long as the ambition is small and cash out early, the success will not fall short.

The tacit relationship between the bank and the real estate market is also a kind of balance. Once Standard Chartered uses this trick to cooperate with this time Taishan will target key acquisitions, it may be excluded by some real estate companies. In this case, Chen Zhiwen will naturally compensate others. Business cooperation.

"The customers of each bank are also fixed. If I can cooperate with you for a long time, then I, Standard Chartered Bank, will be very satisfied." Bill Winter said with a light smile.

After receiving this invitation, he knew that the purpose of the people in front of him was for CLP Power, and once Standard Chartered Bank did this, there would definitely be losses, but this loss was also limited. One of the companies that hold the right to print money, but compared with HSBC in terms of scale, it is much worse. Many large British-funded consortiums or Chinese-funded rookies in Hong Kong choose HSBC, or Hang Seng Bank controlled by HSBC. Standard Chartered is far behind.

Rather than that, why not take this opportunity to make good friends with Chen Zhiwen, Bao Yugang, and the richest Malay man who is planning to invest in Hong Kong, Guo Henian. Together, the three, even if Standard Chartered can obtain a small part of their loan financing, etc. Cooperation, the income will definitely not be lower than the previous interests in Hong Kong. Besides, time can wash everything. Standard Chartered is not going to dig holes for all second-mortgage customers. It will only do this once. After a few years, there will be few people. care about.

"Okay, in the future we will have some investments in the Mainland, Hong Kong, and Southeast Asia. As long as Standard Chartered is interested, you can try it." Chen Zhiwen nodded and said.

For his investment in the United States, he naturally gives priority to the local powerful banks in the United States, but in Asia, it is actually very casual, especially in China. When he knows that there will be no risks, he does not need to ask any banks. However, it is good to have a stable partner, and Standard Chartered has helped him in the past few years, which can be said to be one of the priority choices.

"Chen Sheng, don't worry, our Standard Chartered Bank will never let you down." Bill Winter said with a smile.

Bill Winter quickly said goodbye and left, and after a while, Guo Henian also rushed over.

"Guo Sheng, everything is going according to our plan." Chen Zhiwen said.

"Yes, I didn't expect that Standard Chartered, the third largest bank in Hong Kong, would cooperate with us. In this way, our chances of winning will be greater." Guo Henian said with a smile.

"Although Standard Chartered is the third largest bank, its development is not very good. With the current development trend of Chinese-funded banks, I am afraid that it will surpass it in a few years. Moreover, the headquarters of Standard Chartered has always been the oil bottle in Hong Kong. It's strange to wake up." Chen Zhiwen said with a smile.

As a long-established Standard Chartered Bank with the right to print money, even if it is not as good as the quasi-central bank "HSBC", it will not develop into what it is now under normal circumstances, but it will be different with the headquarters of a fake company. Standard Chartered Bank Hong Kong Branch A lot of profits of the Ministry of Finance are taken away by the headquarters to maintain the banking business in other regions. With too much blood loss, Standard Chartered Bank will naturally not be able to develop in Hong Kong, and it is not even comparable to Hang Seng Bank. In the original history, in 1986, the entire Standard Chartered Bank was acquired hostilely, because the headquarters was too wasteful and the scale had not been large, so it was targeted.

"Okay, since the Kadoorie family has already taken the bait, I'm going to do it directly." Guo Henian said.

"Guo Sheng, before you do anything, I think we still need to clarify one thing internally." Chen Zhiwen paused and said, "Before you, we were only planning to attack the Grand Hotel, so we might not necessarily burn the Kadoorie family." Money, but since you participated, you are the one who burns the money now, which means that you burn the money to consume the capital of the Kadoorie family, and we take advantage of it, so after this incident, Baosheng and I will also have a certain degree of sympathy. Make up for you."

"Chen Sheng is polite. What I want is the Peninsula Hotel and many properties under the Grand Hotel Group. Even if you are not planning to buy CLP Power, I still want to spend money with them. To me, there is no difference." Guo Henian He shook his head and said.

"That's the reason, so the compensation I give is not direct cash or any transaction, but an investment opportunity." Chen Zhiwen said with a smile: "After our acquisition is successful, I can make some investments in the Hong Kong market. Give some suggestions, of course, it’s up to you to listen or not.”

"Okay, that's no problem." Guo Henian nodded and said, although outsiders know that Chen Zhiwen is doing very well in the electronic market, but if you look into his family history, his achievements in the Hong Kong real estate market are also amazing, but nothing else. The halo was suppressed, otherwise, he would definitely become a real estate tycoon in Hong Kong.

"OK, let's do it officially tomorrow. We want to catch the Kadoorie family in the urn." Chen Zhiwen said.