In Hong Kong, we build a global business empire
Chapter 598 Shen Bi, Shen Bi, don’t blame me for your betrayal!
As for Shen Bi, he had already got the exact answer for the establishment date of the Hong Kong Bankers Association as early as last weekend, which is Friday, June 6, which is nine o'clock tomorrow morning.
Give the Li Peicai family four days to sell their stocks, so that Bank of East Asia will lose the Li family, the core of the bank, and indirectly deal a heavy blow to Bank of East Asia.
Four days later, that is, on Friday, the Hong Kong Bankers Association was officially established.
And their Huifeng Bank also officially announced to the public the declaration of war on the Bank of East Asia.
He has been holding it in for a long time these past few days, watching the share price of Huifeng Bank fall, but he has no choice but to not say anything for the time being. He is also very anxious. After all, the major foreign financial groups behind Huifeng Bank have called him many times in these days to express their dissatisfaction with him.
Shareholders don’t care what plans you have. They only care about two things: dividends from performance and stock price fluctuations.
But in order for the entire plan to proceed smoothly, he had to suppress the anxiety in his heart.
Now that the time agreed upon with Li Peicai's family has passed, he naturally will no longer tolerate it.
Originally, he had been waiting for Lin Haoran to transfer the business of the Jardine Matheson Group and other companies to the Bank of East Asia.
Even if he was unwilling, he had to agree to this matter, because if he stopped it, the reputation of Huifeng Bank would be ruined.
Therefore, even if Lin Haoran really took this step, he could only cooperate with it reluctantly.
However, what he did not expect was that the other party has not taken any action so far. The original business of companies such as Hong Kong Land Development and HK Electric Group with Bank of Hong Kong is still operating normally, with no signs of transfer.
Shen Bi even secretly wondered in his heart, what exactly is Lin Haoran up to?
Does he have other plans, or is he trapped by the current situation and dare not act rashly?
Or, are you ready to admit defeat?
If Lin Haoran really admits defeat, Shen Bi doesn't mind mending his relationship with him.
As long as Lin Haoran does not set foot in the banking industry, Huifeng Bank will no longer be the biggest threat.
In this way, Huifeng Bank will not only be able to continue to sit firmly on the top spot in Hong Kong's financial sector, but will also not have to worry about falling from its dominant position in the future.
However, his expectation was destined to be unfulfilled.
As for the feud between Huifeng Bank and Lin Haoran, it has not spread within the circle.
However, basically everyone in Hong Kong's top business circles already knows about this.
Including Li Jiacheng, Bao Yugang, Chen Songqing, Li Zhaoji and so on, all of them knew more or less the inside story of this matter through their own intelligence agencies.
However, their ideas are different.
In fact, these people have already started to take sides in their hearts.
Huifeng Bank, together with all members of the Hong Kong Banking Association, will announce a shocking thing: all Hong Kong customers, including these top business tycoons in Hong Kong, must choose between the Hong Kong Banking Association and the Bank of East Asia. They can either cooperate with banks of the Hong Kong Banking Association or with the Bank of East Asia.
There is no doubt that if these people were asked to choose, most of them would choose Huifeng Bank.
In fact, their businesses basically cooperate with Huifeng Bank.
Otherwise, the market share of Huifeng Bank in Hong Kong would not be so large.
Especially Li Ka-shing, he was able to take over Hutchison Whampoa entirely with the support of Bank of East Asia. Without Bank of East Asia, his acquisition of Hutchison Whampoa would undoubtedly be like a snake swallowing an elephant, which is almost impossible.
At this moment, in a high-end rest room in Queen Mary Hospital, Bao Yugang was looking at the intelligence information brought by his subordinates. After reading it, he felt very complicated.
Since he was diagnosed with early-stage lung cancer, he has quickly used his connections to get in touch with the top experts in the field of lung cancer at MD Anderson Cancer Center.
After all, now that it has been diagnosed, the sooner the surgery is performed, the more likely it is to be cured.
If you continue to delay, the disease may develop. By then, it will progress from the early stage to the middle stage or even the late stage, which would be tragic.
So, he first handed over the work in his hands to his sons-in-law, and then began to prepare for the operation.
Now, experts from MD Anderson Cancer Center are on the way.
He has also begun to enter Queen Mary Hospital for pre-operative recuperation. The operation will be more likely to be successful when his body is in the best condition.
"Shen Bi, Shen Bi, you have really given me a big problem!" Bao Yugang put down the information in his hand and sighed.
He has been cooperating with Huifeng Bank for many years. It can be said that without the cooperation with Huifeng Bank, Bao Yugang would not have achieved what he has today.
Even in the battle to acquire Hutchison Whampoa, if it were not for the help of Bank of Communications in the end, he would not have been able to acquire Hutchison Whampoa so successfully.
Although the cost is huge, it is all worth it.
Therefore, he is grateful to Huifeng Bank.
Although, everything between the two parties is just business cooperation.
However, it is undeniable that Huifeng Bank has made great contributions to his career.
To be honest, he really didn't want to offend Huifeng Bank. However, now Lin Haoran was his benefactor, and it wouldn't be an exaggeration to say that he saved his life.
If Lin Haoran hadn't reminded him, he wouldn't have known that he had cancer.
In this case, Huifeng Bank's decision to choose between the two options is undoubtedly making things difficult for him!
Under normal circumstances, the business of his company is to cooperate with Huifeng Bank. There is nothing wrong with him continuing to keep the business unchanged, and no one will blame him.
However, he couldn't get over it in his heart.
"If Haoran really gets into big trouble and I stand by and watch, I will feel guilty for the rest of my life. Then, Shen Bi, Shen Bi, don't blame me for betrayal!" After thinking for a while, Bao Yugang had made a decision.
If the competition between Huifeng Bank and Lin Haoran is a back-and-forth one, and Bank of East Asia is not hit too hard, then he will keep his hands off and continue to cooperate with Huifeng Bank.
But if Bank of East Asia falls into dire straits because of Huifeng Bank, and Bank of East Asia, which was originally the leading Chinese bank in Hong Kong, is obviously forced to the brink of life and death, then Bao Yugang will do everything he can to help Lin Haoran.
Then he picked up the mobile phone on the small table next to the bed and called his second son-in-law Wu Guangzheng who was far away at the headquarters of Hutchison Whampoa.
This mobile phone was delivered to him personally by Lin Haoran.
Since he got this mobile phone which is in the testing phase, the distance between the phone and him is basically no more than two meters, and he has gradually realized the convenience of owning a mobile phone.
The call was connected quickly.
"Guangzheng, come to Mary Hospital, I have something to tell you!" Bao Yugang said directly after hearing that it was Wu Guangzheng's voice that answered the phone.
"Okay, father-in-law, I'll be right there!"
……
In the chairman's office of Jianing Group, Chen Songqing looked at the information handed to him. His eyes lit up, but he suddenly felt a sense of pity.
If he had known these inside information about Bank of East Asia a few days earlier, he would have made good use of it. For example, the simplest thing would be to take the opportunity to short sell Bank of East Asia's stocks, which would have allowed him to make a lot of money.
Today, Chen Songqing no longer has the ambition he had last year.
Because, since the beginning of this year, he has felt that the real estate prices in Hong Kong have no room to rise any higher.
How could Chen Songqing create such a huge business empire in just three or four years with a capital of tens of millions of Hong Kong dollars?
Others don’t know, but he himself doesn’t know it?
All of these were achieved based on the Hong Kong real estate bubble, through high leverage, high risk, bribery and even various unscrupulous operating models.
However, the bubble will burst one day, and the weakness of Hong Kong's real estate market now makes him sense that the crisis is approaching.
So, although on the surface Chen Songqing is still the emerging real estate tycoon in Hong Kong, he is actually very anxious in his heart.
In particular, recently, many loans of companies including Yu-Min Financial Company and Hong Kong Bank of Communications are about to expire.
Nowadays, houses are becoming increasingly difficult to sell, and it is becoming increasingly difficult to recover funds.
If he can't come up with any money at all, then the Jianing Group will face the crisis of broken capital chain.
Money, he wants money, and he wants to find ways to get it, even if it means using any means necessary!
Otherwise, once the bubble bursts, everything he has now will vanish into thin air!
This is naturally what Chen Songqing doesn't want to see.
However, whether it is Yu-Min Financial Company or Hong Kong Bank of Communications and other financial institutions with which he has cooperated many times, the accumulated debt he owes to these banks has now reached nearly HK$10 billion.
He even understood that he had actually become the biggest "debt king" in Hong Kong.
In this situation, if he wants to continue to obtain loans from these banks, even if he uses bribery and tries any means necessary, it will be difficult for him to lend more money from them.
Therefore, he had to go out and look for new banking partners, hoping to get more funds from them.
In the past, although Huifeng Bank had cooperated with their Jianing Group, Huifeng Bank was obviously much more rational, so the cooperation between them was not great.
However, now that we have to choose between the two, isn’t this a perfect time to build a good relationship with Huifeng Bank?
As long as he took the initiative to show his loyalty and support Huifeng Bank, and transferred part of the Jianing Group's banking business from Hong Kong Communications Bank to Huifeng Bank, then Shen Bi might cooperate with him in depth and obtain more loans from Huifeng Bank.
He has become very proficient in these methods.
Thinking of this, Chen Songqing couldn't help but feel relieved.
He has taken tens of billions of Hong Kong dollars from Yu Min Financial Company alone. It is now very difficult for him to take more funds from Yu Min Financial Company.
However, as long as he can suck blood from Huifeng Bank, his crisis will naturally not occur in a short time.
As for the long-term future, he doesn't think about it that much.
If we can’t even cope with the current crisis, what’s the point of talking about the future? (End of this chapter)
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