In Hong Kong, we build a global business empire

The market value of Bank of East Asia doubled in one day, which made Li Fushu feel a little unreal. Until now, he is still immersed in excitement.

After all, the doubling of Bank of East Asia’s market value means that the Li family’s wealth is also rising sharply.

Although the Li family's shares were reduced due to Lin Haoran's financing, the extent of the reduction was nothing compared to the increase in the stock price.

So now he has no regrets at all about giving the controlling stake of Bank of East Asia to Lin Haoran.

On the contrary, he became more and more certain that the decision he made was right!
With the support of super-rich man Lin Haoran, there is a chance that Bank of East Asia will surpass Hang Seng Bank and even HSBC Bank in the future.

At this moment, Li Fushu was completely immersed in his beautiful vision of the future. Although he was answering Lin Haoran's call, his thoughts had already drifted far away, and his mind kept sketching out the glorious future of Bank of East Asia.

At the headquarters of HSBC Bank, in a conference room in the HSBC Building, Shen Bi was holding a meeting with a group of senior executives.

The atmosphere in the conference room was very depressing, and everyone's face was filled with anxiety and anger.

The stock market value of Huifeng Bank plummeted by 24.6% in one day, which was like a heavy blow to the hearts of every senior executive of Huifeng Bank.

If this matter is not handled properly, they will face tremendous anger and severe questioning from shareholders, and it may even trigger a series of chain reactions, leading to panic within the bank and a large number of customer losses.

Most importantly, they now face a challenge from Bank of East Asia.

It seems that the gap between Bank of East Asia and Bank of East Asia is still very large now, but what about in the long run?
Of course they can't just ignore this matter, they must come up with a countermeasure.

“Everyone, the financial businesses of Lin Haoran’s companies, such as Hong Kong Land Group and Hong Kong Electric Group, will be transferred from our Bank of East Asia to Bank of East Asia. This is a foregone conclusion.

At present, we need to think carefully about how to deal with the challenges brought by Bank of East Asia and how to stabilize the share price of Huifeng Bank. This is already the most difficult problem we are facing right now.

Everyone, please speak up if you have any ideas. Let's work together and express our opinions. We must find a way to overcome this difficulty." Shen Bi's eyes slowly swept over everyone in the meeting room.

Although the share price of Huifeng Bank has been rising in the past two years, it took at least half a year for the market value to rise from breaking through 20 billion Hong Kong dollars to more than 25 billion Hong Kong dollars.

Now, in just one day, the stock price has fallen back to the level of half a year ago.

What is the most important job for these professional managers?
The most important job is to gain more profits for the company and make the company's stock price look good.

The current plunge in Huifeng Bank's share price is definitely a major crisis in their careers.

Although Shen Bi has absolute power in Huifeng Bank, even the shareholders behind the scenes have to listen to him.

However, once Huifeng Bank encounters a major setback, his position will inevitably be shaken, and he may even be directly dismissed from his position as the head.

Just like the former boss of Jardine Matheson, Niu Bijian, who was once on equal footing with him, hasn’t he disappeared from the business world long ago?

Those shareholders don't care how many brilliant achievements he has made in the past, they only care whether their own interests are damaged.

this is the truth!
Before this, he secretly felt sorry for Niu Bijian.

Now, if the competition between Huifeng Bank and Bank of East Asia is not handled properly, he may face the same fate. Shen Bi couldn't help feeling a chill in his heart.

But he was a veteran after all, and he quickly calmed down and looked at everyone again.

Bao Yuehan, vice chairman of Huifeng Bank, was the first to break the silence. There was a hint of ruthlessness in his eyes: "Mr. Boss, I think we can't just sit there and wait for death. Bank of East Asia is now on a strong momentum, but we at Huifeng Bank are not pushovers.

We can use the same trick again and work harder on information intelligence. The transfer of Lin Haoran's corporate financial business must have some internal decision-making processes and key figures.

We also have spies in Bank of East Asia, so we can know their every move early on. As long as we carefully collect their weaknesses, we will definitely be able to formulate targeted strategies."

Bao John's words immediately attracted the approval of many senior executives.

The intelligence sources that their Hui Feng Bank possessed in Hong Kong were not even inferior to those of the Governor's Office, and they had already planted their secret agents in many important places.

It is natural that Huifeng Bank cannot be without an investment in competitors in the same industry such as Bank of East Asia.

Another vice president in charge of financial business nodded and added: "Mr. Bao John is right. We may be able to find their shortcomings. In addition, we must also increase our efforts in financial means.

We can join forces with other financial institutions to block the funds of Bank of East Asia and increase their financing costs. At the same time, we can launch some more attractive financial products and services to attract their customers to defect. In this way, even if Lin Haoran's corporate financial business is transferred to Bank of East Asia, they will find it difficult to absorb more funds from the market, thus completely cutting off their future path!"

They have done this kind of thing many times in the past. Relying on their status as the boss of the financial industry, they often win over other foreign banks to encircle their targets together.

Ultimately, these targets were either acquired or had their market share drastically reduced. In serious cases, they were even directly restructured or went bankrupt, disappearing in the long history of Hong Kong's financial world.

After the vice president finished speaking, a senior executive also stood up and said, "Mr. Boss, we can't fall behind in the public relations war. We can find some media to spread some unfavorable news about Bank of East Asia.

For example, their risk management problems, or their overly aggressive business expansion, etc., have caused the market to have doubts about Bank of East Asia, thus affecting their share price and customer confidence. "

However, as soon as this proposal was made, Bao John immediately stood up from his chair and objected directly: "It is useless to form a public opinion team to deal with Lin Haoran. He controls the largest newspaper in Hong Kong, Oriental Daily, and is also a major shareholder of TVB.

With the support of these two media, he was almost invincible in the war of public opinion. In the past, Jardine Matheson had tried to use public opinion to deal with Lin Haoran's companies, but they all ended in failure.

Therefore, we don’t need to try this method at all. Once we implement it rashly, we may even suffer the consequences in the end! ”

Bao John's words immediately made the entire conference room quiet.

Indeed, a war of public opinion?

Although Huifeng Bank has very good relations with many media, it only maintains a good relationship.

Lin Haoran directly controls two mainstream media outlets.

In this situation, trying to use public opinion to deal with Lin Haoran is like hitting a rock with an egg, there is no chance of winning at all.

Everyone fell silent for a moment, thinking about other possible solutions.

After a while, another senior executive finally stood up and said, "We can discuss with the Securities and Futures Commission, the Chief Secretary's Office and other institutions and ask them to impose some restrictions on the Bank of East Asia in terms of policy.

For example, in terms of business approval, regulatory inspections, etc., we can create some trouble for them. Under multiple attacks, even if it is Lin Haoran, what can he do? The position of financial overlord in Hong Kong will always belong to our Huifeng Bank!"

The method proposed by this senior executive is a method they often use in the past, and it has always been effective. In the past, many competitors encountered severe obstacles in their development under this kind of policy pressure, and eventually had to surrender or withdraw from the market.

Shen Bi was very satisfied listening to the people present expressing their opinions.

These people are indeed his trusted confidants. Although the methods they proposed have different focuses, they are all good methods.

However, Shen Bi knew clearly that every method was like a double-edged sword. If used well, it could hurt the enemy, but if used poorly, it could also hurt oneself.

Most importantly, their competitors today are of a different ilk than they were in the past.

Although Lin Haoran is a wealthy Chinese man, he is the richest man in Hong Kong today.

Most importantly, he controls Hong Kong's top companies, including the Hong Kong Land Group and the HK Electric Group.

Even if Huifeng Bank uses various means to deal with Bank of East Asia, it is impossible to bring it down. At most, it can only bring certain troubles to Bank of East Asia and slow down its development.

Moreover, if the measures are too drastic and provoke Lin Haoran's strong counterattack, Huifeng Bank may fall into a more passive situation.

He carefully considered the methods of these trusted generals, trying to find a way to deal with Lin Haoran and the Bank of East Asia.

Although these people's methods seemed to have merit, Shen Bi was very clear that they could not act blindly.

Because Lin Haoran's influence in Hong Kong has long been deeply rooted, his business empire not only spans multiple key areas such as real estate, retail, export trade, and finance, but also extends its tentacles overseas through a series of shrewd investments and mergers and acquisitions, building a huge and complex business empire.

Just like what happened last month, Lin Haoran made tens of billions of Hong Kong dollars directly by using Toyota Motor stocks. Even their Huifeng Bank could not do that.

What made Shen Bi even more fearful was that Lin Haoran had deep connections in both the political and business circles. As far as he knew, when Lin Haoran was in the UK, the female Prime Minister's attitude towards him was not like that of ordinary Chinese entrepreneurs, and he was even received by the Queen.

If Lin Haoran is valued by the British government, then any action against him may have a ripple effect and lead to unpredictable consequences.

Two months ago, the failed acquisition of the Royal Bank of Scotland by Huifeng Bank made Shen Bi realize that although Huifeng Bank seemed to be very successful in Hong Kong, it was not welcomed at all in the UK and was not taken seriously at all! (End of this chapter)