Hong Kong 1980: The Savage Era

Chapter 362 Chapter 363 [Disdain]

After discussing with Pao Yue-kong, Luo Qihong came to another private room where a few foreigners were sitting.

One of the foreigners held a cigar between his fingers, stretched out his other hand, and shook hands with Luo Qihong, with a hint of contempt on his face.

"It seems that you British guys don't quite understand the rules of Hong Kong. Just tell me what you want to ask me out for." Seeing this, Luo Qihong took out a handkerchief, wiped his hands, and then threw it on the dining table.

The cigar-smoking foreigner Bach looked unhappy. He believed that Hong Kong was the British territory and the Chinese should be slaves. Being able to shake hands with Luo Qihong was already a great honor.

Lloyds Bank also has a branch in Hong Kong. The person in charge, Matthew, is well aware of Luo Qihong's power and quickly tried to smooth things over, "Mr. Luo, Mr. Bach and Mr. Karl just came from their ancestral home and don't know the rules of Hong Kong. Mr. Luo, please don't mind."

"Mr. Matthew, your Lloyds Bank wants to develop business in Hong Kong and wants to acquire Standard Chartered Bank all of a sudden. It's a big deal. I have never targeted a big bank like Standard Chartered Bank." Luo Qihong didn't give him any face at all.

"Luo Sheng." Matthew wanted to explain, but was interrupted by Bach, "I can buy all the Standard Chartered Bank shares you hold at a 2% premium."

Luo Qihong picked up the bottle, poured himself a glass of wine, pursed his lips and sneered, "Is 2% a lot? I thought you wanted a 200% premium. Are you so stingy?"

"Mr. Pao Yue-Kong also approached me. He was much more generous than you and even invited me to participate in the acquisition battle."

Hearing this, Matthew's face became even uglier, but Bach didn't take it to heart. "The Chinese are really greedy. Aren't they afraid of having money but no life to spend it? We can only offer a 3% premium at most. This is already the highest price."

"You should keep your 3% for your retirement, you damned foreigner." Luo Qihong smiled grimly, then turned to Matthew and said, "When I went to the Governor's Mansion, His Excellency Governor Youde would never talk to me like this. I didn't expect to hear it today."

"Mr. Matthew, if your bank doesn't give me an explanation, I can guarantee that your acquisition of Standard Chartered Bank by Lloyds Bank will fail. And I will snipe at your Lloyds Bank all over the world."

"Goodbye, thank you for your hospitality. I will let the reporters report this matter. Think about how to do public relations, my Mr. Matthew."

"Mr. Luo, please listen to my explanation." Matthew stood up immediately but was stopped by the bodyguard.

"It's just a small stake, how much influence can it have on the overall situation?" Bach was still stubborn.

"Mr. Bach, I will report your behavior today to the head office. If the acquisition fails as a result, please be responsible for it." Matthew was a little furious.

I've seen stupid people, but I've never seen anyone as stupid as this. Matthew thought he had done his best.

However, Bach came from the head office, so he naturally knew the working style of the head office management better and did not think he would be punished for this.

The next morning
All newspapers in Hong Kong reported the incident between Luo Qihong and Lloyds Bank, causing quite a stir.

"Gui Lao are always so arrogant. This is not the first time."

"I wonder if Mr. Luo will choose to swallow his anger or teach those foreigners a lesson?"

In the afternoon, Dean Securities Investment Co., Ltd. announced that it had officially joined the Standard Chartered Bank acquisition battle, aiming to acquire 15% of Standard Chartered Bank's shares, determined to crush the acquisition of Rhodes Bank.

When asked by reporters, Bai Jinyan, general manager of Dean Securities Investment Company, said that Lloyds Bank has been included in the blacklist of Dean Securities Investment Company, and they will do their best to seize the business of Lloyds Bank in the future, and they will accept it as long as it does not incur losses.

At the same time, Bai Jinyan said that Dean Securities Investment Company plans to prepare HK$20 billion to participate in the acquisition war and will not allow any foreign companies to acquire Standard Chartered Bank.

Pao Yue-kong put down the newsprint, thought for a moment, and said, "The British from Lloyds Bank are a bit arrogant. So many foreign companies coming to Hong Kong don't dare to be arrogant, but they actually provoke Luo Qihong."

"Yes, Luo Qihong is a well-known evil tycoon. I don't know whether these British guys are stupid or have someone to rely on." Wu Guangzheng smiled contemptuously.

"No matter what it relies on, Lloyds Bank is doomed to fail in this acquisition battle. However, we cannot relax either. Lloyds Bank is not a pushover," Pao Yue-Kong reminded Wu Guangzheng.

Although Pao Yue-Kong still held great power, the implementation of the specific plan was still done by Wu Guangzheng. Of course, this was also because Pao Yue-Kong intended to cultivate Wu Guangzheng, so Pao Yue-Kong would specifically remind Wu Guangzheng.

"Should we bring Luo Qihong in?" Wu Guangzheng said, "We have already spent 7 to 8 million yuan, and we expect to spend 20 billion yuan. If Luo Qihong gets involved, we may be able to reduce our investment, and when the stock price drops, we can save a lot by buying more."

"Luo Qihong has already participated. There is no need to say anything more. There is no need to worry about Luo Qihong acquiring Standard Chartered Bank alone." Pao Yue-kong said, "According to Luo Qihong's style of doing things, his investment focus is still in local cities, and he will not easily enter the banking industry."

"Didn't Luo Qihong invest in Daoheng Group? Daoheng Group has banking assets under its umbrella." Wu Guangzheng was still worried that Luo Qihong would take away Standard Chartered Bank.

"Luo Qihong is just an investor. Aren't the controlling shareholders still the Guo Lingcan brothers? This shows that Luo Qihong is not interested in the banking industry for the time being, or has not reached that stage yet."

Wu Guangzheng nodded, "Yes!"

"Hong Kong's banking industry has always been unstable. Although most of the reasons for this are due to the unstable political situation, it also shows that Hong Kong's banking industry is not easy to do business in. Everyone is acting cautiously, so you have to be careful and don't act recklessly. Just run the company steadily." Pao Yue-Kong advised.

"Yes!"

"Forget it. If you are worried, you can go look for Luo Qihong again. It might be a good thing." Pao Yue-kong still softened his heart.

After these things happened, the head office of Lloyds Bank also received the news, but unfortunately they did not take it seriously and just asked Matthew to go to Luo Qihong again to try again.

Luo Qihong didn't want to meet anyone from Rice Bank, even though Matthew promised him a lot of benefits and wanted Luo Qihong to remain neutral.

Bai Jinyan looked at Luo Qihong's angry expression and couldn't help feeling a little scared. It was the first time she saw Luo Qihong so angry.

"Lloyds Bank may seem aggressive, but it is just an aging tiger. It will definitely not be able to defeat you and Pao Yue-kong." Bai Jinyan said cautiously, "Lloyds Bank will regret it later."

"Those foreigners are so arrogant. They think a 3% premium is a very high price. They think Hong Kong people are all country bumpkins." Luo Qihong became more and more angry as he thought about it. "Go check Lloyds Bank thoroughly. Don't let anything go. I'm going to teach them a big lesson."

Seeing Luo Qihong's expression, Bai Jinyan didn't dare to persuade him anymore and could only nod in agreement.

She could delay the investigation and wait until Luo Qihong calmed down before trying to persuade him. Perhaps that would be effective.

In fact, Luo Qihong was not that angry. He just hoped to have a good excuse to launch a just acquisition of Lloyds Bank.

Today, he has become a super tycoon in Hong Kong and wants to export his capital overseas. As far as the current situation is concerned, the UK is still a good investment destination.

As for Li Jiacheng’s failed investment in the UK in his previous life, Luo Qihong believed that he could withdraw early and take away the greatest benefits.

It is also possible to deceive Li Jiacheng and cause him to suffer greater losses in the UK.

(End of this chapter)