Hong Kong 1980: The Savage Era
Chapter 353 354 [Crisis]
Chapter 353 354 [Crisis]
A few days later, Hong Xiaolian met Wei Li.
Wei Li looked down on small-time executives like Hong Xiaolian. In his opinion, Li Jiacheng should come out to discuss with him in person, then he might give him some face.
So Wei Li laughed at Hong Xiaolian and then broke up the acquisition deal.
However, Wei Li's words implied that he wanted Luo Qihong to help him. He wanted to use this to scare Hong Xiaolian and make Li Jiacheng hesitate.
After returning to Cheung Kong Holdings, Hong Xiaolian of course reported everything to Li Jiacheng truthfully, not daring to hide anything.
Li Jiacheng smiled and said, "What Wei Li said proves that he has a weak foundation. Luo Qihong will give him some support, but not much."
"Although this is the case, there is a possibility that our privatization plan will fail," Hong Xiaolian said worriedly.
"Of course we will fail, but we will continue to carry out a comprehensive acquisition and make a small profit." Li Jiacheng said, "You go find a buyer who is strong enough so that we can fight Wei Li after we get out."
"Should we wait a little longer? Wei Li may not fight us to the death." Hong Xiaolian persuaded.
Li Jiacheng shook his head and said, "No need. We have so much investment, there is no need to spend too much energy on this. I am just giving face to Mr. Feng."
"Okay, then I will immediately look for a new candidate to take over." Hong Xiaolian could only agree, after all, the boss had already made the decision.
The news of the meeting between Hong Xiaolian and Wei Li was published by several newspapers. Many small shareholders of Guangsheng Hong were worried that the privatization would be successful and would harm their interests.
As soon as the privatization plan of Cheung Kong Holdings was announced, shareholders flocked to securities companies to register to sell their shares in the hope of making a profit.
Of course, there were also reporters who interviewed Wei Li, and Wei Li said that he would not respond to the privatization plan of Cheung Kong Holdings.
Such news cheered up the shareholders and made them give up the idea of registering for sale.
Qiyun Investment Company Office
Lin Yunxue's pupils slightly dilated, and she kissed Luo Qihong fiercely on the face, and said happily, "Mr. Liu is indeed a stock market sniper. He has chosen the next target so quickly."
"Bank of East Asia is a big bank with a market value of several billion. It should be enough for us to eat so much. Is it the influence of the last China Holdings acquisition?"
Luo Qihong nodded slightly, "A little bit. For Liu Luanxiong, it just needs an excuse. In fact, whether there is this excuse or not, Liu Luanxiong will take action against Bank of East Asia. As you said, Bank of East Asia is big enough to make up for the capital loss caused by the acquisition of China Resources Land."
"These wealthy families have never been afraid of bad guests like Liu Sheng. They only care about face and interests." Lin Yunxue said insightfully. She had a deep understanding of the struggles among the wealthy families.
"Bank of East Asia is the foundation of Li Fushu's family. He will definitely invite other people to join. Guess who Li Fushu will invite to jointly resist Liu Luanxiong," Luo Qihong said playfully.
Lin Yunxue immediately pondered, pursed her lips, and said after a moment, "I think it should be Feng Yongxiang from Sun Hung Kai Securities. The possibility of Wei Li's involvement is very low."
Lin Yunxue made several analyses, and in Luo Qihong's opinion, the first guess was the most likely.
"Liu Luanxiong has only a few enemies, and Li Fushu and his men are not weak, so the foreign aid he finds should be of at least equal status, so it is not difficult to guess." Luo Qihong explained a little, "In fact, the more foreign aid Li Fushu finds and the stronger they are, the easier it will be for Liu Luanxiong to achieve his goal."
"This kind of sniping tactic is really scary. Even though we know that Liu Luanxiong does not have enough funds to acquire the entire Bank of East Asia, we dare not gamble. In case Liu Luanxiong has other foreign aid, people like Li Fushu will be in trouble." Lin Yunxue said with some lingering fear.
"The bank is happy to lend money to Liu Luanxiong as a sniper, but the interest rate of the loan is not low, which will affect Liu Luanxiong's income, so he dare not delay it for too long." Luo Qihong said.
"Don't you consider acquiring Bank of East Asia through Liu Luanxiong?" Lin Yunxue asked tentatively.
"I have no plans to enter the banking industry for now. The banking industry is very profitable, but many of the businesses I own are as profitable as the banking industry. Moreover, the potential for bank crises is very high. If you are not careful, you will suffer heavy losses or even go bankrupt." Lin Yunxue agreed. "That's true. I don't know how many banks in Hong Kong have closed down or been taken over."
"The most important thing is that I'm in real estate. Once I own a bank, I can't borrow money from other banks. The amount of funds I need has always been large. Acquiring a bank will only cause unnecessary impact," Luo Qihong explained.
Late September
Li Jiacheng's move to privatize Kwong Sang Hong International is still in progress, and there are rumors in the market that Liu Luanxiong is preparing to acquire Bank of East Asia.
Bank of East Asia was founded by bankers Feng Pingshan, Jian Dongpu, Li Guanchun and others. Although it is now dominated by the descendants of Li Guanchun, the family of Feng Pingshan and the family of Jian Dongpu still have considerable shares.
The leaders of the three families, Feng Bingfen, Li Fushu and Jian Ruiqiang, suddenly felt a chill on the back of their necks, as if a stock market killer had put a sword at their necks.
You should know that at this time, the shares held by the three families and their friends together are less than 3%, and the shares held by Liu Luanxiong are a mystery. The board of directors is afraid that the shares held by Liu are enough for him to enter the board of directors and occupy a seat.
Feng Bingfen and Li Fushu didn't care about the grudges over the acquisition of China Resources Land and hurriedly gathered together to discuss countermeasures.
"Liu Luanxiong's appetite is so big that he hasn't even finished digesting China Merchants Holdings yet, but he's already thinking about taking action against Bank of East Asia." Jian Ruiqiang said with a heavy heart.
When the Feng and Li families had a big fight over Hutchison Whampoa, Jian Ruiqiang did not intervene at all, naturally wanting not to offend either side.
"The bank's share price has risen significantly. Paramount Company has already raised several hundred million yuan. With the assistance of Aigo Company, the total amount of funds is at least 5 million yuan. If we borrow more money, raising 10 billion yuan will not be a problem." Li Fushu glanced at Feng Bingfen unwillingly.
If it weren't for Feng Bingfen's betrayal, China Resources Land would not have been handed over to others, and Bank of East Asia would not have been exposed to Liu Luanxiong's gun.
The Jian family is not as powerful as before. Although they have a lot of assets, they are of little help to this situation. Their political influence is still good, and it can be said that their financial resources have been transformed into political power.
"How much money can your two families mobilize?" asked Jian Ruiqiang.
"We have two or three hundred million, but it will be difficult to handle if it's more." Li Fushu's face was gloomy.
Feng Bingfen said, "The maximum is 1 million. It is basically impossible to exceed this number."
"I don't have much here, just tens of millions." Jian Ruiqiang said.
Li Fushu glanced at Feng Bingfen and Jian Ruiqiang and said, "The best solution now is to seek external help. I suggest asking Feng Yongxiang from Sun Hung Kai Securities to help and recommend him to become a director of Bank of East Asia."
"Li Zhaoji of Henderson Lighting Company was also targeted by Liu Luanxiong, and he has good character. He should be our ally to deal with Liu Luanxiong." Jian Ruiqiang said, "Li Zhaoji is also very familiar with Feng Yongxiang of Sun Hung Kai Securities. We can contact Li Zhaoji through his relationship."
"This plan is good. Li Zhaoji is a famous tycoon in Hong Kong. He can fight back and forth with Luo Qihong, the financial backer behind Liu Luanxiong. He is a good choice." Feng Bingfen said.
"Since you all agree, I will contact Feng Yongxiang." Li Fushu said. Now is not the time to play tricks. The most correct thing to do is to fight the enemy together.
"Let's make an appointment with Li Zhaoji, and let the three of us come forward together. This is the most sincere way." Jian Ruiqiang suggested.
"Well, I'll arrange it as soon as possible and try to meet with Li Zhaoji tomorrow or the day after tomorrow." Li Fushu said, "But we agreed that the funds must be received before the market closes tomorrow at the latest, otherwise it will be even more dangerous."
The other two families agreed, and Feng Bingfen and Li Fushu temporarily put aside their grudges.
This is a good opportunity for Sun Hung Kai Securities. The former Sun Hung Kai Bank can no longer be recovered, and entering the Bank of East Asia may provide a new path for the Feng Yongxiang family.
(End of this chapter)
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