In Hong Kong, we build a global business empire
Chapter 584: Shen Bi is furious, Huifeng Bank declares war!
"No, no, no, Mr. Lin, I am not asking you to use cash to finance Huifeng Bank." Shen Bi shook his head when he heard this.
"Oh? How do we cooperate?" Lin Haoran asked curiously.
"It's very simple. I know that Mr. Lin is now a major shareholder of Bank of East Asia and is about to seize absolute control of Bank of East Asia. My idea is that Huifeng Bank acquires Bank of East Asia in the form of equity.
Mr. Lin can also use this opportunity to become the third largest shareholder of Huifeng Bank. I can even propose at the board meeting that Mr. Lin become the vice chairman of the board of directors of Huifeng Bank!" Shen Bi's words were full of temptation.
Before coming here, he had convened the senior executives of Huifeng Bank for discussions.
Once they successfully persuade Lin Haoran to merge the Bank of East Asia into Huifeng Bank in the form of a share swap, Huifeng Bank will not only be able to once again strengthen its dominant position in Hong Kong's financial sector, but will also make Lin Haoran no longer their financial rival. At the same time, Lin Haoran's financial transactions will still be handled by Huifeng Bank!
It can be said that this visit achieved three goals with one stone, and it has only benefits and no harm to Huifeng Bank.
As for the vice chairman of the board of directors and the third largest shareholder, they are completely useless.
The group's strategy needs to be voted on, and every director has a certain amount of voting rights. Lin Haoran cannot control Huifeng Bank, let alone become the third largest shareholder, even if he becomes the largest shareholder.
The reason is very simple. Huifeng Bank has too many British shareholders, and they are all in the same boat. If Lin Haoran wants to have absolute say in Huifeng Bank, he must first have more voting rights than these British financial consortiums.
is it possible?
It's almost impossible!
Vice Chairman of the Board?
Lin Haoran heard this and looked down upon hearing it.
The entire Huifeng Bank is controlled by a British financial group. Even if he really becomes the third largest shareholder and the so-called vice chairman of the board of directors, so what?
To put it bluntly, they are just empty positions.
At this moment, Lin Haoran finally understood Shen Bi's intention.
The cooperation is fake, but the real purpose is to take advantage of the opportunity to swallow up the Bank of East Asia!
Do you really think he is easy to bully?
Lin Haoran sneered in his heart, but he didn't show it on his face. He leaned back in his chair, tapped the armrests with his fingers, looked at Shen Bi calmly, and said slowly: "Mr. Shen Bi, your idea is quite novel.
However, I have spent a lot of effort to get to this point today with Bank of East Asia. You just want me to hand it over to Huifeng Bank with equity. Isn't this too easy?"
Seeing that Lin Haoran did not directly refuse, Shen Bi thought there was still room for negotiation, and hurriedly said: "Mr. Lin, this is a rare opportunity for you.
As the third largest shareholder and vice chairman of the board of directors of Huifeng Bank, your status in the Hong Kong financial community will be further elevated. Moreover, Huifeng Bank has a deep financial background and strong financial strength. Cooperation with Bank of East Asia can achieve resource sharing and complementary advantages, which will be beneficial to the development of Bank of East Asia.
Just like the current Hang Seng Bank, although it was acquired by our Huifeng Bank, it shares resources and complements advantages with our Huifeng Bank. Today, Hang Seng Bank is still the second largest bank in Hong Kong.
Our Huifeng Bank will continue to expand its overseas market, and the future prospects are very bright. If Mr. Lin can join hands with Huifeng Bank and make use of Huifeng Bank's overseas channels and resources, it will be a good thing for you personally!"
Lin Haoran shook his head and said directly: "If the purpose of your visit this time is to merge Bank of East Asia and Huifeng Bank, then forget it. I have no such idea at all. Mr. Shen Bi does not need to continue talking about this topic."
To put it bluntly, the market value of Bank of East Asia is only about one-tenth of that of Bank of East Asia.
If he really allows Huifeng Bank to merge and acquire it in the form of a stock-for-stock swap, even if he owns 51% of the shares of Bank of East Asia, the shares converted into shares of Huifeng Bank will only be around 5%.
Increase the stake in Bank of East Asia by 5% and then lose the controlling stake in Bank of East Asia?
Shen Bi really thought he was a fool!
When Shen Bi heard Lin Haoran's decisive refusal, he felt a little embarrassed, his smile gradually stiffened, and a hint of displeasure flashed in his eyes.
But he still tried to hold back his anger and continued to persuade: "Mr. Lin, please don't be so hasty to refuse. Think about it carefully. This is an opportunity that many people dream of.
The influence of Huifeng Bank in the international financial field is unmatched by ordinary banks. Once the merger is successful, Mr. Lin's position in Huifeng Bank will be greatly improved. In this way, Mr. Lin will have no obstacles in expanding business or conducting cooperation in the future. This is a win-win situation."
Lin Haoran sneered, his eyes flashed with a sharpness: "Mr. Shen, you are talking nonsense, but anyone with a discerning eye can see that behind this is nothing more than Huifeng Bank's ambition to further control the Hong Kong financial market.
Although Hang Seng Bank seems to have developed well after the acquisition, in fact it still has to follow the arrangements of Huifeng Bank on many decisions and has lost a lot of autonomy.
I acquired the Bank of East Asia in order to have a bank that I could fully control, so that I could use funds more easily. I don’t want my Bank of East Asia to follow in the footsteps of Hang Seng Bank and become a vassal of Huifeng Bank. "
At this moment, Lin Haoran had already revealed his cards and did not give the other party any face at all.
To be honest, Lin Haoran really didn't want to offend Huifeng Bank, and he also hoped that both parties could always live in peace.
However, the other party has said so much, if he doesn't act tougher, Shen Bi will really think that he, Lin Haoran, is easy to bully!
Two years ago, he really didn't dare to offend Shen Bi unless he didn't want to stay in Hong Kong anymore.
But things are different now. He is no longer the small character who can be manipulated at will. After two years of hard work in the business world, he has accumulated enough strength and connections to challenge Huifeng Bank.
When Shen Bi saw Lin Haoran made his point clear, his expression suddenly became even uglier.
He stood up directly from the sofa, stared at Lin Haoran, and said, "Mr. Lin, aren't you going too far? I came here with sincerity to cooperate, so why do you say I have ambitions?"
Lin Haoran met Shen Bi's gaze without fear, stood up and said, "Mr. Shen Bi, let's not beat around the bush. Sincerity? I don't see any of it. I only see a plan to swallow up the Bank of East Asia!
I am not afraid to tell you that I have been planning for a year to acquire Bank of East Asia, and now I am finally about to succeed. No matter what, I will never merge Bank of East Asia with Huifeng Bank! "
Shen Bi began to get angry and his usual elegance gradually disappeared. His face flushed and he said loudly, "Lin Haoran, don't refuse a toast. The influence of Huifeng Bank in Hong Kong's financial world is beyond your imagination. If you insist on refusing to cooperate, Bank of East Asia will have a hard time in Hong Kong in the future."
Lin Haoran sneered and said, "Mr. Shen, are you threatening me? I, Lin Haoran, have never been afraid of threats. Bank of East Asia has its own development path and does not need to rely on your Huifeng Bank. I want to see what your Huifeng Bank can do to me."
At this point, both Shen Bi and Lin Haoran have become enemies.
Seeing that his threats were fruitless, Shen Bi's eyes flashed with a hint of viciousness, and he gritted his teeth and said, "Okay, Lin Haoran, since you are so stubborn, don't blame me for being rude. Huifeng Bank has plenty of means, and I will make you pay a heavy price for your decision today."
Lin Haoran crossed his arms, his expression grim: "Mr. Shen, I am waiting for your methods, but I also want to remind you that Hong Kong is no longer a place where your Huifeng Bank can dominate.
Since I, Lin Haoran, dare to stand here and reject you, I have enough confidence and strength to deal with everything. "
Shen Bi snorted coldly, turned around and walked quickly to the door, leaving Lin Haoran's reception room without looking back.
This visit also ended in failure.
Lin Haoran and Huifeng Bank also officially became hostile.
Even if Lin Haoran is a member of the board of directors of Huifeng Bank, it will be of no use at all.
Just look at Jardine Matheson and it will make you realize that many years ago, Jardine Matheson and Banking Corporation exchanged shares with Bank of International Business and eventually Bank of International Business held 6% of Jardine Matheson and Jardine Matheson held 3% of Bank of International Business and Bank of International Business.
The two sides seem to have a close relationship.
However, in order to pull Jardine Matheson down from its position as the boss of Hong Kong, Bank of Hong Kong directly supported Bao Yugang's acquisition of Wharf Holdings.
As a result, Jardine Matheson lost Wharf Holdings, and Bank of Hong Kong successfully became the number one financial group in Hong Kong!
Therefore, all cooperation is fake, everything is just for one’s own interests!
As long as one's own interests are involved, even close friends can be sold out!
This is the shopping mall, a place where people are eaten without leaving any bones.
Lin Haoran knew this very well, and he did not expect Huifeng Bank to show mercy just because of his status as a board member.
On the contrary, he was more aware that he had to make all possible preparations to deal with the violent attack that Huifeng Bank was about to launch.
Lin Haoran looked at Shen Bi's departing back, sighed, and knew in his heart that a fierce storm was about to come.
But he showed no intention of backing down.
He really didn't want to offend Huifeng Bank, but since the other party already had such a plan, he was not afraid of trouble.
Moreover, he actually knew that when he wanted to acquire Bank of East Asia, he would sooner or later have to face off against Huifeng Bank.
As the absolute overlord of Hong Kong's financial sector, Huifeng Bank has always had a strong control over Hong Kong's financial market.
The original Bank of East Asia may not be worth mentioning in the eyes of Huifeng Bank, but once Lin Haoran successfully took over, the Bank of East Asia seemed to be injected with new vitality and had unlimited potential.
It is for this reason that Huifeng Bank will naturally not sit idly by and watch the rise of Bank of East Asia, and will try to nip this possibility in the bud in the bud.
However, when Shen Bi came, he probably never expected that Lin Haoran's attitude would be so tough.
During the conversation, Lin Haoran's uncompromising determination made Shen Bi gradually lose his usual composure. Impulsive emotions quietly grew, and eventually the situation evolved into what it is today.
To be honest, Lin Haoran's original plan was to let Li Peicai's family continue to manage Bank of East Asia after acquiring it and let the bank continue to develop in a low-key manner.
But... (End of chapter)
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