Reborn Xiangjiang as a Tycoon

Chapter 273 Li Jiacheng’s concession

HSBC Bank, in Shen Cong's office.

"I didn't expect that the properties Li Sheng was acquiring turned out to be Wheelock's Federal Building and International Building. This is a bit troublesome."

After learning the purpose of Li Jiacheng's visit, Shen Porridge was very surprised. He did not expect such a coincidence.

Shen Zhou knew that Li Jiacheng was acquiring properties. Li Jiacheng had contacted him before the acquisition, hoping to obtain loan support from HSBC. Cangjiang Industrial itself did not have nearly one billion Hong Kong dollars in funds to use for acquisitions.

HSBC and Li Jiacheng have reached in-depth cooperation conditions. Of course, Shen Chou will not refuse to help, saying that as long as Li Jiacheng can negotiate, the loan will not be a problem.

However, Shen Zhou only knew about this. He didn't know which property Li Jiacheng was acquiring. Li Jiacheng did not report to him, and he would not ask Li Jiacheng, let alone express his willingness to help.

Given the market value of Cangjiang Industrial, HSBC's willingness to provide a huge loan to Cangjiang Industrial is itself a huge support to Li Jiacheng. If HSBC even helps with the negotiation of property acquisition, then what else is HSBC doing with Li Jiacheng?

What HSBC wants is a strong partner, so HSBC will only provide financial support and limited human resource support, rather than HSBC doing everything.

Li Jiacheng is not stupid. Of course, he knows that HSBC cannot support him unlimitedly, so he has been doing all the previous negotiations by himself.

Li Jiacheng understood the meaning of Shen Zong's words: "From what Taipan said, Hutchison Whampoa is really acquiring properties?"

"good."

Based on the cooperative relationship between HSBC and Li Jiacheng, since this matter is related to Li Jiacheng, Shen Chow will not hide it from Li Jiacheng. He nodded and said: "Hutchison Whampoa will plan to acquire the property with up to 3 billion Hong Kong dollars. , Now Hutchison Whampoa is not only acquiring Wheelock’s Ocean Center, Federal Building and International Building, but is also in contact with Jardine Matheson and preparing to acquire the Golden Gate Tower.”

"With the acquisition of HK$3 billion, Hutchison Whampoa is very optimistic about Hong Kong's real estate industry."

Li Jiacheng frowned slightly. He believed that his judgment was not wrong. The Xiangjiang real estate industry will get better and better in the future. However, Hutchison Whampoa is his opponent's industry. Hutchison Whampoa is heavily involved in the real estate industry. The future real estate industry will be as he expected. If the price rises, Hutchison Whampoa will definitely make a fortune and become stronger. This is not what he wants to happen.

Of course, Li Jiacheng now hopes that Hutchison Whampoa will make mistakes, suffer heavy investment losses, and have a financial crisis. In this way, Lin Baicheng's strength will be severely damaged, and he will be able to deal with it more calmly, and even plan a counterattack again.

Unfortunately, I can only think about it now. Hutchison Whampoa is also very optimistic about the real estate industry in Xiangjiang. Not only is it constantly developing land, it is also increasing its property holdings. In this way, just like what Li Jiacheng did, either everyone will get rich together. Either everyone will suffer huge losses together, and there will be no way to bring the strength of both parties closer.

Shen Chow said: "The real estate industry is the main development direction of Hutchison Whampoa, and Lin Sheng is very optimistic about it."

"Taipan, can HSBC give me some support in the acquisition of the Federal Building and the International Building this time and help broker the deal between me and Wheelock?"

Li Jiacheng decided not to care about Hutchison Whampoa for the time being and to acquire the property first. Since Hutchison Whampoa is investing heavily, he cannot lag behind others, otherwise the gap with Hutchison Whampoa will only widen in the future. Come bigger.

"Li Sheng, I'm sorry this time, I can't help."

Shen Zong shook his head when he heard this and explained: "This time Hutchison Whampoa's acquisition plan of up to 3 billion Hong Kong dollars, we asked HSBC and Standard Chartered for help. Which bank helps Hutchison Whampoa acquire the property, and the funds required for the acquisition will be from Which bank should get the loan? HSBC and Standard Chartered have already promised to help. If HSBC helps Li Sheng and you to reach a deal with Wheelock in this situation, then HSBC will not be able to explain to Hutchison Whampoa. This will affect Hutchison Whampoa and Whampoa. Cooperation with HSBC.”

"Furthermore, HSBC is still the major shareholder of Hutchison Whampoa. There is no reason to help Li Sheng. Helping outsiders deal with the company in which it holds shares will have a great impact on HSBC's reputation."

"I didn't think well enough."

Li Jiacheng was a little disappointed, but he had already guessed this would happen when he learned that Hutchison Whampoa was going to be acquired with real money.

"Li Sheng."

Seeing that Li Jiacheng was a little disappointed, Shen Zong thought for a while and said: "What you want to do is to acquire properties and then make a fortune by selling the properties. Since the Federal Building and International Building are not feasible, then you can change the target. , there are many properties in good locations in Xiangjiang.”

"I listen to the big class."

Li Jiacheng nodded and said with a smile: "Since HSBC is a shareholder of Hutchison Whampoa, I cannot let HSBC's interests be harmed. I will find an opportunity to withdraw from the acquisition of the Federal Building and International Building."

Although Li Jiacheng really wants Hutchison Whampoa to bleed money and raise the price so that Hutchison Whampoa can buy the property at a higher price, for him now, what is more important is to get the support of HSBC and Shen Chow, so he Choose to sell Shen Porridge to save face.

Of course, Li Jiacheng did not want him to retaliate against Hutchison Whampoa, and then be retaliated against by Hutchison Whampoa. After all, he could raise the price to cause Hutchison Whampoa to bleed. Hutchison Whampoa can do the same thing, and with Hutchison Whampoa’s Huangpu's strength can do it more thoroughly.

Shen Porridge was very satisfied with Li Jiacheng's knowledge. He said: "Then I would like to thank Li Sheng for being here, but Li Sheng, why don't you rush out and wait for my notification then?"

"Of course no problem!"

Li Jiacheng agreed without thinking.

Seeing that Li Jiacheng readily agreed, Shen Zhou immediately said: "Li Sheng, I won't let you suffer. Next time, as long as the property you want to acquire does not overlap with Hutchison Whampoa's goals, HSBC will help. The transaction was successful."

"Thank you very much, Taipan."

Li Jiacheng was overjoyed when he heard this. With Shen Porridge's words, the next property acquisition would basically be a success.

"Li Sheng is so polite. You and I can help each other."

Shen Chou waved his hand. He decided to wait until the acquisition negotiations between Hutchison Whampoa and Wheelock reached an impasse, and then HSBC would approach Hutchison Whampoa and say that it could persuade Cangjiang Industrial to withdraw. This would be equivalent to HSBC helping Hutchison Whampoa. After Whampoa negotiates this transaction, Hutchison Whampoa will naturally seek a loan from HSBC.

In this way, HSBC did not have to do anything to let Hutchison Whampoa borrow money from HSBC. While earning a lot of interest every year, it also suppressed its competitor Standard Chartered Bank and let Hutchison Whampoa know the strength of which bank in Hong Kong. is the strongest.

To counter Hutchison Whampoa, Li Jiacheng really wanted to do this, but it seems that the time has not come yet. Hutchison Whampoa, which is already strong, has the support of HSBC, and it is not something he can do. But Li Jiacheng is not in a hurry, he will I don’t believe it anymore. Hutchison Whampoa will develop smoothly in the hands of Lin Baicheng without any surprises.

Li Jiacheng will always keep an eye on Hutchison Whampoa and other industries under Lin Baicheng's name. As long as there is an opportunity, he will definitely take action. Every industry that can destroy Lin Baicheng is one. Anyway, as long as Lin Baicheng suffers losses, it is a problem for him.

Good thing.

(End of chapter)