In Hong Kong, we build a global business empire

Chapter 594: Li Family Sells Stocks on a Large Scale

After listening to Li Fushu's words, Lin Haoran was silent for a moment.

He originally thought that Li Fushu came here this time because the negotiations with Huifeng Bank broke down, so he planned to come and confess to him, and then join forces to deal with Huifeng Bank.

But what he didn't expect was that Li Fushu's purpose was not to offend either side and chose to part ways with him.

However, he got a piece of news from it that he didn't know yet.

Huifeng Bank actually planned to use the Hong Kong Banking Association to deal with him.

This was indeed something Lin Haoran had not considered before.

Ever since the news of his taking over the Bank of East Asia spread, he knew that Huifeng Bank would not let him go because he knew that Shen Bi was afraid of him.

Shen Bi was afraid of the huge capital behind him, his keen business acumen and his growing influence in Hong Kong's business community. In his hands, the Bank of East Asia would most likely become a powerful force to break Hong Kong's existing financial structure and threaten the dominant position of Hui Feng Bank.

However, he did not expect that Huifeng Bank would do such a thing.

This is to completely cut off the external business of Bank of East Asia, and to carry out an all-round blockade from financial cooperation, capital flow to customer resources, forcing Bank of East Asia into an isolated and helpless situation!

He naturally knew about the Hong Kong Bankers Association. After the acquisition of Bank of East Asia, Li Fushu had talked to him about this matter.

Originally, Bank of East Asia would be able to become a member of the board of directors of the Hong Kong Banking Association which was about to be established.

But now it seems that, let alone becoming a member of the board of directors, they are directly planning to exclude Bank of East Asia from the association and are not even planning to grant it membership. This is undoubtedly a plan to cut off the source of the problem, with the intention of completely isolating Bank of East Asia from the level of industry rules.

However, Lin Haoran guessed that the reason why the Li family did not want to offend Huifeng Bank was probably because the controlling stake of Bank of East Asia was now in his hands, so the Li family did not value Bank of East Asia as much.

"No matter what, thank you, Mr. Li, for speaking the truth. So what do you, the Li family, plan to do?" Lin Haoran asked in a deep voice.

Although Li Fushu did not intend to join forces with Lin Haoran to deal with the challenge from Huifeng Bank, the other party was able to tell him the news. No matter what, he owed Li Fushu a favor.

“We plan to sell off all of the shares in Bank of East Asia. In addition, I will also resign from my position at Bank of East Asia. But don’t worry, Haoran. I will not cause any trouble within Bank of East Asia. I will hand over everything that needs to be handed over.

In addition, we will only take away the confidants of our Li family, and the remaining professional managers will stay in Bank of East Asia, so as not to let the management of Bank of East Asia get out of control completely." Li Fushu said his plan.

He did not ask Lin Haoran whether he wanted to buy their Li family's shares because there was no need.

Given the current situation of Bank of East Asia, once Bank of East Asia announces this matter, it will definitely have a great impact on Bank of East Asia's stock market.

In this case, a sharp drop in stock prices is inevitable.

If he sold it to Lin Haoran, then he wouldn't know how to ask for a high price.

If the price is too high, Lin Haoran won't be the one to take advantage of it.

If the price is too low, then the Li family will suffer the loss.

Therefore, unless Lin Haoran took the initiative to make this request, Li Fushu would not make it himself.

Lin Haoran nodded. The Li family was doing him justice by doing this.

Although running away from the battlefield was no different from being a traitor, the Li family did not owe him anything after all.

"Haoran, what do you think?" Seeing that Lin Haoran didn't say anything, Li Fushu couldn't help but ask.

"Since you want to withdraw from the Bank of East Asia, then withdraw. All the alliances we discussed before will be invalidated!" Lin Haoran said directly.

When Li Fushu heard this, his uneasy mood immediately relaxed.

Lin Haoran's side has been sorted out.

"Haoran, in that case, I won't bother you anymore. I hope we will have the opportunity to cooperate in the future." Li Fushu stood up and said.

"Well, Mr. Li, let's leave it at this for now. Take care!" Lin Haoran nodded but did not stand up to see him off.

Are there any opportunities for cooperation in the future?
That's impossible.

One betrayal is enough to collapse the cornerstone of trust. Even if there are more temptations of benefits in the future, Lin Haoran knows very well that joining hands with the Li family again is tantamount to forcibly piecing together porcelain that is already full of cracks. It looks complete, but it is actually vulnerable.

However, isn’t this a good opportunity for him to privatize Bank of East Asia?
Originally, because he knew that the Li family would never completely abandon the Bank of East Asia, and looking around the world, there are very few private banks that can grow very strong, combined with these factors, he had no intention of privatizing the Bank of East Asia from the beginning to the end.

However, faced with this situation now, he had to consider completely privatizing the Bank of East Asia.

Even if it only relies on its own industry, Bank of East Asia will be able to enjoy a prosperous future.

In that case, why should he worry about the threat from Huifeng Bank?
The financial business of his companies alone is enough to make Bank of East Asia wealthy.

Although the future upper limit may be affected to a certain extent due to being isolated from the entire Hong Kong banking industry, the Hong Kong market is not the only one. If HSBC Bank can isolate Bank of East Asia in Hong Kong, can it also isolate Bank of East Asia internationally?

What's more, his purpose of acquiring the bank was just to make things convenient for himself, and he never intended to focus on the banking industry.

His focus is on the Hong Kong Land Development, the Evergreen Group, the Hong Kong Electric Group, and overseas investments!

"Li family, oh Li family, I originally wanted to lead you to develop, but now it seems that your Li family does not have this blessing~" Lin Haoran murmured.

He really hoped to have an ally like the Li family in Hong Kong who was good at running a bank, but since the other party chose to give up, he had no intention of retaining them.

Isolating the Bank of East Asia? Lin Haoran was never afraid.

Even if all the customers are lost, so what?

However, he was not without the power to resist.

No matter what, he is now recognized as the richest man in Hong Kong.

If Huifeng Bank can isolate him in the financial industry, can it also isolate him in other industries?
Whether it is the Hong Kong Electric Group or the Hong Kong Land Development Group, they all have a lot of cooperation with other companies.

Would these companies that have business cooperation with him easily give up the opportunity to cooperate with the huge business empire of Hong Kong's richest man just because of the pressure from Huifeng Bank?

He had seen many tricks of choosing between two options in his previous life.

For example, "Cats and Dogs", "3Q Wars", "Choose One Between Yellow Robe and JD Takeaway", etc.

Huifeng Bank thinks things are so beautiful, but the final result will not be as perfect as they imagine.

This time, Huifeng Bank has finally broken the jar with him.

Although he didn't have a good way to deal with it for the time being.

But what about that?
Lin Haoran was particularly calm at this moment, perhaps because he had never thought about how much money the Bank of East Asia would make for him!

Looking at Li Fushu leaving, Lin Haoran sighed.

At this moment, he finally realized that there are no allies in the business world.
The essence of the business world is nothing but profit first!

Lin Haoran took a sip of tea, the bitterness spread on the tip of his tongue, but it also made him more sober.

He put down the teacup, his eyes gradually becoming sharp. Since Huifeng Bank wanted to overturn the table, he would fight to the end and see who would have the last laugh in this war without the smoke of gunpowder.

The banking industry is not his main industry. He can afford the gamble. Even if he fails, as long as he does not go bankrupt, Bank of East Asia can still live a comfortable life relying on his many industries.

But it’s different for Huifeng Bank. Even if the bet is won, the benefits gained by the other party are not that high.

But if the bet is lost, it will be a fatal blow to Huifeng Bank!

……

Time passed quickly and it was June 6th.

And today is Monday.

A new trading day of the stock market has arrived again.

The news that Huifeng Bank was preparing to deal with Bank of East Asia was not spread as someone deliberately blocked it.

Therefore, as soon as the stock market opened today, the stock price of Bank of East Asia continued to rise as it did on the previous trading day, and investors' enthusiasm was very high.

However, the increase stopped not long after.

Because everyone noticed that there seemed to be more sell orders today.

Of course, the Li family was behind this.

They own too many shares, and it takes an unknown amount of time to sell them out one by one.

Therefore, in order to get rid of the shares as quickly as possible without causing excessive panic in the market and causing the stock price to plummet, the Li family arranged a professional team of traders to sell them gradually in batches and at different prices.

But even so, such a large-scale sell-off inevitably caused subtle changes in the market.

Therefore, the share price of Bank of East Asia did not make huge profits as many investors imagined, but instead showed a slight downward trend.

Even so, there are still many investors who believe that the future market value of Bank of East Asia will soar as the business of Lin Haoran's companies transfers.

Today's stock price is definitely still low.

Therefore, even if the Li family sells off, there are still many people willing to take over.

In Kangle Building, Galaxy Securities Company, Lin Haoran sat in his office and watched all this coldly.

He did not interfere with the Li family's selling of stocks.

Ever since he came up with the idea of ​​privatizing Bank of East Asia, he has decided to temporarily allow the Li family to sell their shares smoothly.

Since Huifeng Bank will announce its battle with him sooner or later, the stock price will definitely fall back.

When the time comes, he will take action.

The financial business of companies such as Hong Kong Land Development and HK Electric Group has not yet been transferred from other banks to Bank of East Asia. The final decision on this matter is still made by him. It is too naive for those shareholders to rely on this to make the share price of Bank of East Asia soar due to the transfer of his business.

At that time, he will start to privatize the Bank of East Asia. Wouldn't it be smoother this way?
As for those shareholders who have become the leeks, they can only blame Huifeng Bank.

(End of this chapter)