In Hong Kong, we build a global business empire

He had never thought about acquiring a bank before.

The main reason is that he accumulated wealth too quickly!

It was so fast that he didn't think about other things too much. After getting a sum of money, he started thinking about which company to acquire next.

Now it seems that it is indeed time to control a bank that belongs entirely to me.

Most importantly, having your own bank will make capital flow more convenient.

Like in the previous world, the most important reason why Li Jiacheng did not acquire a bank in Hong Kong was because he was supported by HSBC. In this case, if he still ran a bank in Hong Kong, he would be disgusting HSBC.

So he didn't acquire certain banks.

But Lin Haoran is different. He did not rise to prominence by relying on Huifeng Bank, and he does not owe Huifeng Bank any big debt of favor.

What's more, on top of the Jardine Matheson incident, Huifeng Bank also came out to disgust Lin Haoran.

So, it is not a problem for him to control a bank.

"Mr. Ma, which bank do you think is better for me to acquire?" Lin Haoran asked humbly.

"Boss, there are now more than 108 banks and financial companies in Hong Kong. Not counting the financial companies, there are licensed banks alone.

And I heard that the government has not yet closed the license application channel, and those who meet the requirements can still continue to apply. Therefore, it can be predicted that the number of banking brands in Hong Kong in the future will only be more than it is now!

After all, I am not a professional in the financial industry. Although I have some understanding of Hong Kong's banking industry, I still suggest that you collect more information and make a decision after careful evaluation.

There are many foreign banks in Hong Kong, but not many local banks. My suggestion is to give priority to acquiring local banks in Hong Kong. As far as I know, there are only 27 local brand banks of all sizes in Hong Kong, and the rest are foreign banks!

As for foreign banks, if you plan to develop in the banking industry in the future, you can consider investing in local banks through acquisitions rather than investing directly in foreign banks. "

Ma Shiming did not propose a specific goal, but gave another suggestion of his own.

Lin Haoran nodded, agreeing with Ma Shiming's suggestion.

"Mr. Ma, what you said makes a lot of sense. Indeed, we need to understand the market more deeply in order to make the most wise choice. However, facing these banks, especially the limited number of local banks, do you have any suggestions to help me screen targets?" Lin Haoran asked.

Ma Shiming pondered for a moment and replied, "Boss, Hong Kong's banking industry is indeed dominated by foreign banks. There are relatively few local banks, only 27, including Huifeng Bank, Hang Seng Bank, Dah Sing Bank, Wing Lung Bank, Chiyu Bank, Nanyang Commercial Bank and Bank of East Asia. Since the choices are limited, we should be more meticulous in screening.

I suggest considering the following aspects: first, whether these banks have a good reputation and a stable customer base in the local market, which is related to the future development prospects of the banks;
Secondly, examine whether their operating conditions are healthy, including asset quality, profitability, risk control, etc.;

Furthermore, understanding the shareholding ratio of the company's shareholders and whether the shareholders are willing to sell is crucial to our successful acquisition.

Of course, these are just my preliminary opinions, and you will need to further understand and evaluate them. I hope these suggestions can be helpful to you. ”

Lin Haoran nodded. Although Ma Shiming was not an expert in banking, his knowledge did give Lin Haoran some good suggestions. Anyway, Lin Haoran felt that what Ma Shiming said made sense.

Among these local banks in Hong Kong, there is no need to consider Jardine Matheson. Although Jardine Matheson is a bank native to Hong Kong, it is controlled by British capital and it is impossible for Lin Haoran to acquire it.

Hang Seng Bank, the second largest bank in Hong Kong, had 51% of its shares directly acquired by Bank of Hong Kong during a bank run in the s. Hang Seng Bank is the absolute controlling bank of Bank of Hong Kong, so it is almost impossible for Lin Haoran to take over Hang Seng Bank.

Therefore, his target is the remaining local banks that are not that strong.

Lin Haoran doesn't care whether he is strong or not.

Because he himself has no intention of becoming great in the banking industry.

Because Lin Haoran knew very well that no matter how much he developed Hong Kong before the return, it would be restricted by the Governor's Office.

Not to mention Hong Kong after its return.

What he wanted to do with the acquired banks was very simple, which was to manage the cash flows of his subsidiaries well and prevent the funds from being wasted in other banks.

Instead of letting other banks use the money to invest and engage in usury, it would be better for him to use the funds to make a lot of money.

Whether it is Ching Chau Cement, Hong Kong Electric Group, China Gas Company, Hongkong Land Group, or Dairy Farm International, they are all companies with large amounts of cash.

It would be a waste and a shame if these funds are not used properly.

With these ideas, Lin Haoran decided to put them into action. Now it is December, and in about ten days, he will go to the United States.

Because Apple’s IPO date is December 12th.

He plans to arrive in the United States two days in advance.

Before going to the United States, Lin Haoran hopes to screen out a suitable target.

As for the acquisition, he is not in a hurry.

Acquiring a bank is not something that can be accomplished overnight.

"The real estate project is for sale, Mr. Ma, you need to proceed. Now the housing prices have not reached the peak, it is a good time for us to sell. Once the market reaches its peak and begins to show signs of crisis, it will be much more difficult for us to sell.

Not only that, even if we can successfully sell it, the price may not satisfy us! "Lin Haoran once again emphasized the urgency of the real estate project and drew attention back to this issue.

The current market situation is extremely favorable for them. House prices continue to rise, but there are no obvious signs of a bubble. This is a good opportunity for them to cash out and leave.

"Don't worry, boss. I agree with you. The development speed of Hong Kong's real estate market has indeed exceeded the controllable range. I predict that in one or two years at most, the real estate industry may encounter a crisis similar to that of 1973, or even worse.

Therefore, I will follow your instructions and continue to sell those projects with relatively ordinary locations. However, considering that our Hong Kong Land Group is the largest real estate company in Hong Kong, if we sell too many projects at one time, it may indeed cause excessive attention and unnecessary panic in the market.

Therefore, I plan to adopt a strategy of selling in batches, such as launching several projects every month, so that I can gradually cash out while avoiding causing too much impact on the market.

This will not only achieve our financial goals, but also maintain the company's market image and stability." Ma Shiming replied with a smile, looking confident.

Lin Haoran nodded, and after careful consideration, he gave some suggestions of his own: "Indeed, such a large-scale sell-off will have a certain impact on the real estate market.

In order to mitigate this impact and maximize our interests, I think we can spread some rumors that in order to acquire the Hutchison Whampoa Group, I personally owed a huge debt. At the same time, the Hutchison Whampoa Group itself is also facing certain financial pressures and some debts are about to mature and need to be repaid.

Therefore, in order to raise funds, the Swire Properties Group had to put some high-quality projects up for sale. This would dispel the negative speculation from the outside world caused by the Swire Properties Group's large-scale sale of projects and make them think that this was a normal move due to financial pressure.

At the same time, such news may also attract some consortiums seeking high-quality projects to come to us. They may be willing to raise the price because of the attractiveness of the project. In this way, we can not only cash out smoothly, but also take the opportunity to make more profits. It really kills two birds with one stone!"

Ma Shiming's eyes lit up after hearing this, and he highly agreed with Lin Haoran's plan: "Boss, your strategy is really great! It not only solves the market volatility problem that may be caused by selling off the project, but also attracts more buyers and increases the selling price. It really kills two birds with one stone!"

"But boss, this may bring some adverse effects to you personally in the short term." Ma Shiming changed the subject and said with a little concern.

Lin Haoran smiled slightly and said indifferently: "Mr. Ma, the business world is like a battlefield. Sometimes, for the sake of the overall situation, some small personal sacrifices are inevitable.

Although these rumors may cause me some temporary pressure, as long as we can successfully sell some bad projects and bring greater benefits to the company and ensure that the Swire Group has sufficient ammunition, then these sacrifices will be worth it.

Moreover, I believe that time will be the best proof. When this turmoil is over and the market returns to normal, everyone will naturally see the stability and strength of the Hong Kong Land Group. At that time, these rumors will naturally disappear, and I will personally gain more respect and recognition because of this.”

Not to mention him, even the world-renowned shipping tycoon Bao Yugang, who is a big shot in the business world, paid a huge price to take over Hutchison Whampoa. He is still cultivating himself, stopping expansion and adjusting his layout.

In comparison, for Lin Haoran, a young man who has been in the business world for less than three years, what does it matter if he encounters some financial difficulties after successfully taking over the Jardine Matheson Group?

This is an inevitable challenge on the road to growth. After the rumor spreads, no one will think that the news is false. Lin Haoran must have encountered financial pressure!
Therefore, Lin Haoran didn't care at all about the impact these rumors would have on him after they spread.

"That's true. I am superficial!" Ma Shiming nodded.

The two then discussed in depth many matters related to the work of the Hong Kong Land Group. Although Lin Haoran was a young man, he was able to quickly see the essence of the problem and give accurate and unique suggestions based on the vast amount of knowledge and insights he had accumulated through the Internet platform in his previous life.

Whenever Lin Haoran put forward a point of view or suggestion, Ma Shiming always listened with great interest and nodded frequently. He felt that this young boss was not only sharp-minded but also had unique insights and could always find the best solutions in a complex business environment.

"Boss, you are really young and promising, and you have extraordinary vision!" Ma Shiming praised sincerely, "No wonder you can create such a brilliant career at such a young age. I really admire you."

Today's Jardine Matheson Group is really too huge.

After inheriting most of Jardine Matheson's assets in Hong Kong, the strength of the Hong Kong Swire Group has undoubtedly increased a lot. Although it is not as terrifying as doubling, its strength has also increased by several levels.

Therefore, Ma Shiming's workload is also very heavy.

It was not until two hours later that Lin Haoran said goodbye to Ma Shiming and left the Kangle Building. (End of this chapter)