In Hong Kong, we build a global business empire

Chapter 266 Director of Huifeng Bank
Two years ago, Li Ka-shing secretly absorbed shares of Wharf Holdings. Although his plan ultimately failed due to the leak of the news, he successfully held nearly 20% of Wharf Holdings' shares before being discovered.

As long as he learns his lesson and keeps confidentiality well this time, by the time he is discovered, the shares of the Hutchison Whampoa Group held by his two companies may have surpassed those of Jardine Matheson.

When he thought of this, Li Jiacheng's blood boiled, as if he had the drive of his youth again, and he couldn't wait to take action against the Jardine Matheson Group.

Recently, Li Jiacheng saw such an article in a newspaper.

In the article, an informal personal list of the top ten richest Chinese in Hong Kong is compiled.

As a result, he was ranked behind Bao Yugang and Lin Hao, only third.

This article also aroused heated discussion and was recognized by many citizens.

After all, although Li Ka-shing is a major shareholder of Cheung Kong Holdings and Hutchison Whampoa, Lin Haoran is obviously stronger in comparison.

He owns Ching Chau Cement Company, Hong Kong Electric Group, China Gas Company, Kowloon Motor Bus Company, Oriental Press Company, etc. With such strength, if it were not for the short time, everyone would even think that his wealth has surpassed Bao Yugang.

Li Jiacheng naturally knew a thing or two about what the citizens were saying.

But Li Jiacheng had different ideas. He was willing to stand behind Bao Yugang, after all, Bao Yugang was his elder brother.

But when he saw the young man Lin Haoran, he felt a little unconvinced.

Therefore, Li Ka-shing is now determined to change everyone's perception of him. He wants to make himself the recognized second richest man or even the richest man in Hong Kong.

As long as he can take over the Jardine Matheson Group, this idea will obviously be realized. Not to mention surpassing Lin Haoran, even surpassing Bao Yugang will be no problem!
Now, let the securities department of Cheung Kong Group take the first step and secretly acquire the shares of Hutchison Whampoa Group.

After he ousts Wee Li from office, he will completely control the Hutchison Whampoa Group and then let it take action against the Jardine Matheson Group!
Li Jiacheng is a man of action. Once he has made a decision, he will be eager to implement it.

Therefore, the securities department of Cheung Kong Group quickly convened a meeting, and the target of this meeting was the Hong Kong Land Group!

……

That evening, TVB reported the news of changes in TVB's senior management in the evening news.

It is not surprising that Run Run Shaw becomes the new chairman of TVB. After all, he is the founder and important shareholder of TVB.

But Lin Haoran actually became a major shareholder of TVB. Not only that, he also became the vice chairman of TVB, which surprised everyone.

Unexpectedly, after acquiring Kowloon Motor Bus, Lin Haoran did not stop his acquisition efforts. He once again set his sights on the only two television stations in Hong Kong - TVB, and successfully became a major shareholder.

His repeated investment and acquisition actions made everyone feel that this young man had endless money.

TVB may not see much change in the short term after Run Run Shaw took over, but in the long run, it will definitely become better and better and more competitive. It is only a matter of time before it surpasses ATV.

Therefore, Lin Haoran knew that he did not need to focus any energy on TVB.

If nothing unexpected happens, Run Run Shaw will find a way to increase his shareholding in the future and become a major shareholder of TVB. Only in this way can he sit back and relax as the chairman.

However, Lin Haoran didn't care about it. He now owned 24% of the shares, which was enough for him.

From the beginning to the end, he had no intention of controlling TVB.

Not all the companies he targets will be taken control of.

Just like Apple, he only asked for 10% of the shares. Lin Haoran had no unreasonable desire for the controlling rights of Apple.

TVB is different from newspaper media like Oriental Daily.

Newspapers like Oriental Daily were well managed by their original general manager. After he took over, he would continue to use this general manager and naturally there would be no changes.

Even if Cui Zilong is not here, Hong Kong still has a large number of newspaper and media talents. After all, there are hundreds of newspapers in Hong Kong.

But TVB is a television station, and there are only two of them in the whole of Hong Kong. Excellent management talents for television stations are bound to be scarce, so not everyone can manage TVB well.

In Hong Kong, Lin Haoran believed that Run Run Shaw could manage TVB well.

The former TVB TV director Leung Suk-yee is quite good, but after switching to ATV, we don't see her making ATV any big deal. Even if we poach her back to TVB, it's not certain that TVB's ratings will surpass those of Rediffusion Television.

Therefore, he just needs to be an honest shareholder and has no extravagant ambitions for the control of TVB.

As for management matters, it is better to leave them to professionals like Run Run Shaw.

In the blink of an eye, it was the 5th.

Today, Lin Haoran still has his things to do.

That was the agreement with Shen Bi, to hold a press conference at Huifeng Bank to announce his investment in Huifeng Bank and become a shareholder and board member of the bank. Yesterday, Lin Haoran received a call from Shen Bi, the head of Huifeng Bank, informing him that the investment and press conference were ready, and asked Lin Haoran to go to the headquarters of Huifeng Bank before 7 am today, July 5th.

Using 1 million Hong Kong dollars to invest in Huifeng Bank and acquire % of the shares is a very cost-effective deal no matter how you look at it. After all, the current market value of Huifeng Bank has reached about billion Hong Kong dollars.

It is a win-win situation for Lin Haoran as he can get a small advantage and deepen his relationship with Huifeng Bank.

After arriving at Huifeng Bank, Lin Haoran not only found Bao Yugang and others, but also met Li Jiacheng.

It is normal for Bao Yugang to appear here, after all, he is also a member of the board of directors of Huifeng Bank.

But as far as he knows, Li Jiacheng is not currently a member of the board of directors of Huifeng Bank.

In other words, Li Jiacheng's appearance here is likely to have been recruited by Huifeng Bank to join the board of directors, just like him.

Add two Chinese board members at one time?

This can be considered a record in the history of Huifeng Bank, right?

"Hello, Mr. Lin, I didn't expect to see you here!" Li Jiacheng smiled and took the initiative to shake hands with Lin Haoran.

"I'm also very surprised to see Mr. Li here." Lin Haoran laughed.

As a member of the board of directors of Huifeng Bank, Bao Yugang obviously knew about the affairs of the two people in advance.

Sure enough, after a deeper understanding, just as Lin Haoran had thought, today not only he joined the board of directors of Huifeng Bank, but Li Jiacheng also joined the board of directors of Huifeng Bank.

However, what makes him very different from Li Jiacheng is that he will invest in Huifeng Bank today and obtain 1% of the shares, while Li Jiacheng is merely invited to become a member of the board of directors of Huifeng Bank and does not receive the half-price financing treatment.

This made Lin Haoran think, could it be that he was valued more by Shen Bi?

Shouldn't it?
From the fact that Bank of America allowed Li Ka-shing to acquire the Hutchison Whampoa Group shares held by Bank of America at a price below the market, it can be seen that they wanted to support Li Ka-shing.

Since he couldn't figure it out, Lin Haoran simply stopped thinking about it. There was no need to worry too much about such things.

Before ten o'clock in the morning, Bao Yugang, as the big brother, had a chat with Lin Haoran and Li Jiacheng, and let them familiarize themselves with the situation of Huifeng Bank.

"Hui Feng Bank allows all of you to become members of the board of directors, which will strengthen the voice of us Chinese in Hui Feng Bank. This is a good thing!" Bao Yugang said with a smile.

Bao Yugang was the first Chinese director of Huifeng Bank. Apart from him, all the director positions of Huifeng Bank were firmly controlled by foreigners.

Now, the joining of Li Jiacheng and Lin Haoran has indeed strengthened the voice of Chinese in Huifeng Bank.

However, although it seemed that there were two more Chinese directors, Lin Haoran also knew that Huifeng Bank was ultimately a British-owned company, and the British were still the ones who made the decisions.

This is not a fact that can be changed by adding two Chinese directors.

Lin Haoran never thought about interfering in Huifeng Bank's affairs from beginning to end.

All he wanted was to have a better relationship with Hong Kong's largest financial giant, the Bank of Hong Kong. Now that he has become its shareholder and board member, he has managed to improve the relationship.

"Uncle Bao, isn't Mr. Niu Bijian here?" Lin Haoran looked around the scene and was surprised to find that he did not see Niu Bijian.

As far as he knew, Jardine Matheson held 3% of the shares of Bank of Hong Kong and was one of the important shareholders of Bank of Hong Kong.

"Haoran, you made Jardine Matheson lose face last time. How could he possibly come? This time, Jardine Matheson only sent a senior executive." Bao Yugang explained with a smile.

Last time, Niu Bijian had a bigger and bigger quarrel with Lin Haoran because of the matter of Fortress Electrical Appliance Company, and finally he had to apologize in person in front of the whole Hong Kong audience on TV. It really made Niu Bijian lose face, so it was normal for him not to come here to see Lin Haoran.

Bao Yugang was also not afraid of Jardine Matheson. When he competed with Jardine Matheson for Wharf Holdings, he had already offended Jardine Matheson.

What's more, judging from the last incident, although both Niu Bijian and Bao Yugang were members of the board of directors of Huifeng Bank, it was obvious that Huifeng Bank was more partial to Bao Yugang rather than supporting Jardine Matheson, which made Bao Yugang more confident.

At ten o'clock in the morning, dozens of reporters came to Huifeng Bank, including reporters from Oriental Daily and TVB.

From this we can see that the Bank deliberately publicized the fact that the two Chinese became directors of the Bank.

They just want to make this known to everyone.

In the presence of reporters, Lin Haoran and Shen Bi signed an investment agreement.

From this moment on, Lin Haoran officially became a shareholder of Huifeng Bank. Although it was only 1% of the shares, it was actually not a small amount. He could at least rank among the top shareholders of Huifeng Bank.

(End of this chapter)