Hong Kong 1980: The Savage Era

Chapter 359 360 [Lloyds Bank]

按照30亿元的供股资金计算，刘銮熊需要支付11亿元4千万元，罗齐鸿持有5.5%的华置公司股权，需要供股1亿6千5百万元。

However, Luo Qihong obtained nearly 2 million yuan in cash from Hutchison Whampoa's anti-son-for-parent plan, which offset all the funds needed for the rights issue.

"Da Liu, how are you going to raise such a large sum of money?" Luo Qihong asked.

"We plan to apply for a mortgage loan of 10 billion yuan from the bank. The subsequent repayment plan can only be repaid by the investment profits of the private company." Bao Yongqin helped to answer.

This woman's abilities are no worse than Bai Jinyan's, and are even more comprehensive.

Bao Yongqin accounts for at least 4% of the credit for Liu Luanxiong's current wealth and status. After all, without her silent support, Liu Luanxiong would not dare to be so successful in the business world.

"It's good that you guys can still do it. Of course, I also believe in Liu's ability. If you do a few more sniping orders, you should be able to do it." Luo Qihong said with a smile.

"Have you set the next target?" Luo Qihong knew very well that making money by sniping was addictive. It felt so good to make money. Moreover, Liu Luanxiong had not completely gotten rid of his financial difficulties, and his overall strength had not yet stabilized. He needed to use this method to achieve his ultimate goal.

"Liao Chong Hing Enterprise Company! According to the preliminary agreement, although the market value of this company is only 4 to 5 million yuan, it is backed by the Liao Baoshan family and has assets of more than billion yuan. It can be speculated to a good price." Liu Luanxiong said, his eyes fixed on Luo Qihong.

"This goal is good, but Liao Chong Hing Bank is a centipede that is dying but still alive, so we still need to pay attention to it." Luo Qihong has always been wary of families who run banks. After all, they are the people who hold the purses.

Liu Luanxiong laughed and said, "Liu Chong Hing Bank almost went bankrupt in the 60s. Since then, it has been cautious and has not hesitated to use the interests of Liu Chong Hing's enterprises to protect the bank. It is no longer as brave as it was in the past."

Of course, Luo Qihong would not argue with Liu Luanxiong about this. It was of no benefit to him and there was no need to offend anyone.

"Wei Li came to me and said that he would withdraw from Hutchison Whampoa and asked if you were interested in acquiring those shares?" Luo Qihong asked. Wei Li's surrender was expected.

Unexpectedly, Liu Luanxiong shook his head and said, "The current share price of China Resources Land is too high. I don't have enough funds, but I don't want anyone to get the shares of China Resources Land either."

"You want me to buy it?" Seeing Liu Luanxiong nodded, Luo Qihong laughed and said, "I don't have enough funds. Zhaoan Real Estate Company and Federal Real Estate Company are both raising funds and offering shares. No matter how rich I am, I can't stop using it this way."

"In fact, if Wei Li does not respond to the rights issue plan, it will just dilute that part of the equity. Isn't that better for stabilizing our position?" Bao Yongqin said to smooth things over.

"What Mrs. Liu said makes sense. It's a good thing to look at it from another perspective." Luo Qihong agreed with a smile.

Luo Qihong remembered that in his previous life, Liu Luanxiong was busy privatizing China Merchants Holdings in 89. The current Liu Luanxiong wanted to expand rapidly by raising funds through share offerings. If he took away the shares of China Merchants Holdings held by Wei Li, it would do more harm than good to him.

This is also one of the reasons why Luo Qihong is willing to reduce his stake in China Resources Land.

"Now that Wei Li has obtained the big piece of fat meat of Guangshenghang, he is not so eager for China Resources Land. This is a good thing," said Liu Luanxiong.

After chatting with Liu Luanxiong and his wife for half an hour, Luo Qihong got up and said goodbye.

China Estates has become Liu Luanxiong's exclusive property. If Luo Qihong was not strong enough, Liu Luanxiong would hardly be willing to cede China Entertainment Properties.

The most valuable property under China Entertainment Properties is the Entertainment Building, which is extremely important to China Entertainment's current situation and is one of the important pillars for small shareholders to respond to the rights issue.

"You almost offended Luo Sheng. Don't talk like that in the future." Bao Yongqin closed the office door and began to persuade him earnestly.

"Mr. Luo is not as stingy as you think. The China Asset Management Company is just an investment of his. He has made enough money. Besides, he will take over the shares held by Wei Li. I will not let him suffer any loss." Liu Luanxiong was a little inflated, but he was still wary of Luo Qihong's power.

Bao Yongqin hesitated for a moment and said, "Let's be careful. We still need Luo Sheng's support." Liu Luanxiong said nothing more and turned to look at the documents.

After leaving China Estates, Luo Qihong came to CITIC Bank.

Today's yen/dollar exchange rate has risen to 148, which is a good selling point.

Calculated based on the buying point of 254, Luo Qihong's 45 billion yuan leverage in Bank of China can make a profit of 19 billion yuan.

After deducting various expenses, the net profit was 16 billion yuan.

Including the principal, Luo Qihong recovered 25 billion yuan, with a net profit margin of 8%, which was much lower than the expected profit margin, but Luo Qihong was also satisfied.

Naturally, it is impossible to transfer the investment funds to Luo Qihong’s personal account in one day; it will take about a week.

The new president of Citibank, Busquere, personally received Luo Qihong and also hoped that Luo Qihong could continue to keep his business in Citibank.

"Mr. Buslake, I can only leave $1 million in your bank. I have important uses for the rest of the money." Luo Qihong crossed his fingers and continued, "This $1 million will help me buy the Dow Jones Index in the United States."

"Doesn't Luo Sheng need leverage?" asked Busquere.

Luo Qihong thought for a moment and said, "The Dow Jones Index is now over 1 points, so there should be a good increase. How much leverage can your bank provide?"

"Luo Sheng, I know you have a lot of assets in Hong Kong, but this is a reverse operation, and the leverage I can provide is not too high. I will try my best to get you 10 times leverage."

"No, 10x leverage is too high, and the interest generated is too high. Let's go with 5x leverage." Luo Qihong stretched out his hand, "Can the interest rate be lower?"

"Mr. Luo, you are the VVIP of Citibank and our most distinguished customer. Let me get 10 cents for you." Buskere said seriously.

"Okay, 10 cents is 10 cents. Please complete the operation as soon as possible. I will lose a lot of money for every increase in the Dow Jones Index." Luo Qihong said half-jokingly.

Who knew that this guy Buskere took it seriously. "The amount of funds is too large. It can't be completed in a short time. You still have to bear these losses."

"Okay, I understand. Let's finish it as soon as possible." Luo Qihong said.

Excluding the US$1 million, Luo Qihong's personal account will have HK$18 billion.

In Hong Kong's banking system, Standard Chartered Bank's strength and reputation are second only to HSBC, and it ranks 100th among the world's 99 largest banks.

As Hong Kong became the largest financial center in the Far East, some international financial oligarchs often became hostile and wanted to acquire Standard Chartered Bank and make it their own.

Of course, it is also because Standard Chartered Bank’s equity is too dispersed, which gives those financial oligarchs opportunities.

"Lloyds Bank of the UK has announced its acquisition of Standard Chartered Bank. Lloyds Bank already holds 7% of Standard Chartered Bank's shares, becoming the largest shareholder." Bai Jinyan reported to Luo Qihong while holding the document.

"Do we hold shares in Standard Chartered Bank?" Luo Qihong didn't seem to care much about this matter.

"1.1% of the shares. I have channels to increase my shareholding immediately." Bai Jinyan said with a heavy face.

(End of this chapter)