We're building a super chaebol in Hong Kong
#859 - Negotiated
Currently, due to the uncertain future prospects of Hong Kong, the foreign shareholders of HSBC are actually quite unsure about things.
However, the core business of HSBC is in Hong Kong.
Therefore, they can only prepare in two ways: first, to continue expanding their business around the world, which is why they are constantly seeking to acquire some international banks.
Second, they naturally want to strengthen ties with Chinese consortia, because no matter what, Hong Kong will always be a city dominated by Chinese people.
"If that's the case, then that would be best. I wonder if this matter needs to be reported to the board of directors?" Su Cheng continued, smiling.
"Of course, it would be best if we could go through the process." Seeing Su Cheng's cooperation, Shen Bi felt even better.
Seeing Su Cheng's commercial status rising higher and higher, Shen Bi and the foreign consortium behind HSBC had also discussed strengthening the relationship between the two parties, but how to strengthen the relationship was also a problem.
Previously, they allowed Su Cheng to invest in HSBC in the form of a low price, but only 1% of the shares was not close enough after all.
Now it's better, Su Cheng not only controls more shares of HSBC, but even directly becomes one of the five major shareholders of HSBC. This can indeed be regarded as indirectly strengthening the relationship between the two parties.
"Okay, then Mr. Shen Bi, please convene it directly, and I will attend the meeting on time," Su Cheng said, nodding.
In fact, even if a shareholders' meeting is not held, it doesn't matter, after all, the board of directors cannot stop shareholders from selling shares.
However, in Shen Bi's view, this is good news for HSBC, and it gives shareholders even stronger confidence. Therefore, it would be best if this matter could be discussed at a shareholders' meeting.
If Shen Bi didn't know Su Cheng's personality, he would have even wanted to hold a press conference to solemnly announce this matter to the public.
"Then will the meeting be convened in an hour?" Shen Bi looked at Su Cheng.
"Isn't that time a bit too rushed?" Su Cheng said.
"The time is not rushed. As many directors as can come, will come. Hong Kong is not that big to begin with, and since the popularization of mobile phones, it has become more and more convenient for us to contact the board members. Therefore, there is absolutely no problem in convening a board meeting in an hour. Those who can come will come, and those who can't, will not," Shen Bi said with a smile.
Su Cheng nodded, thinking that it was true. It really wouldn't take too long to gather people in Hong Kong. Hong Kong itself is not that big, and these board members basically live on Hong Kong Island, at most within a radius of ten kilometers. If they have nothing to do, let alone an hour, they can reach HSBC headquarters in just a few minutes.
"Mr. Shen Bi, please arrange everything!" Su Cheng said with a smile.
"Then Mr. Su, please have some tea here first, and I will ask the secretary to call the board members." Shen Bi said, getting up.
Watching Shen Bi's figure leave, Su Cheng smiled and continued to drink tea.
Shen Bi's tea is black tea from India. The taste is okay, but Su Cheng prefers tea produced in China.
At the same time, far away in London, England, at the headquarters of Morely Fund, Zhang Qizheng was having an in-depth discussion with Morely Fund's general manager, Erki Asensio, Henry, and several key persons in charge of Morely Fund.
After receiving Zhang Qizheng's phone number, Erki Asensio couldn't wait to contact Zhang Qizheng, and gave Zhang Qizheng the company address, inviting him to Morely Fund's headquarters for detailed discussions.
Henry was very excited to be able to meet Zhang Qizheng again. In his heart, Zhang Qizheng was both his teacher and friend. Although the two had not known each other for a long time, Zhang Qizheng had taught him a lot of industry knowledge, allowing him to rely on the knowledge he had learned from Zhang Qizheng in his subsequent career to successfully be promoted to an elite in the industry at a very young age.
If it weren't for those half a month of study, Henry felt that it would have been impossible for him to achieve such great achievements in such a short period of time.
Therefore, Henry was very excited to see Zhang Qizheng.
The reason why Zhang Qizheng was willing to teach him, in addition to the fact that he was working for the boss at the time, was more importantly that Zhang Qizheng felt that this young man was not only extremely talented, but also eager to learn.
After more than an hour of detailed discussion, the two parties had roughly reached an agreement.
Regarding the price, Zhang Qizheng had roughly figured out their bottom line, and ultimately did not push them too hard, reaching a deal at a price of 195 million pounds.
Being able to reduce it by five million pounds is already very good. You must know that the current exchange rate between the pound and the Hong Kong dollar has risen to about 1 to 11.
"Mr. Zhang, are you really able to come up with this money immediately?" Erki Asensio asked in surprise.
He thought that Su Cheng would need some time to prepare the funds. After all, even 195 million pounds is a very large sum of money. If converted into Hong Kong dollars, that would be more than 2.1 billion Hong Kong dollars. In their opinion, even the most awesome Rothschild family in the UK would need some time to raise such a large sum of money.
After all, no matter how strong the strength is, it is only fixed assets. Few consortia will keep too much cash for themselves.
"Of course, Mr. Erki Asensio, you must believe in Mr. Su's strength. Although 195 million pounds is not a small amount, it is not difficult for our boss to raise this amount of money in a short period of time," Zhang Qizheng said with a smile.
"Okay, since everyone is so straightforward, then I won't delay any longer. I will immediately ask our legal counsel to prepare the agreement. Mr. Zhang, please wait a moment." Erki Asensio stood up and hurried out.
This matter no longer needs to be discussed at any meeting, because the company executives who can decide this matter are already in this office. They all participated in the previous negotiations.
Now, the company has reached a moment of life and death. This is one of the few remaining methods. If they continue to delay, Morely Fund will only fall into a deeper crisis.
Ten minutes later, Erki Asensio walked in with the agreement.
Zhang Qizheng carefully read the agreement. With his experience, he could see that the other party had not done anything tricky.
However, for safety, he specifically called a lawyer to come over this time. After the lawyer read it and ensured that there were no problems, Zhang Qizheng was even more relieved.
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