Legend of Xiangjiang Tycoon - Chapter 473th meeting
After listening to Jon Joseph’s words, everyone in the conference room slapped their chests and promised: “Your Excellency, Mr. Jon, don’t worry, we won’t let this happen.”
“Our own industry will naturally be at heart, Mr. Jon don’t worry.”
“This is the best, otherwise everyone knows that the Hong Kong government is under great pressure nowadays, and coupled with the eruption of demonstrations everywhere, it is often powerless.”
“So I hope everyone should prepare as soon as possible to avoid accidents.” Jon Joseph said.
“Understand!” everyone agreed.
“Well, that’s all for today’s meeting, everyone can leave.” Jon Joseph said.
Everyone gathered up the documents and left the meeting room.
Li Zhiwen also left the meeting room like everyone else.
But a servant brought another meeting room around the corner.
This meeting room is very small, only Sanders Taipan of HSBC, Jeff Hunter Taipan of Standard Chartered Bank, Hisaharu Fujita of Mitsubishi Bank, George Eastman of Citibank, and Aldo Pafi of Arab Bank.
Obviously they were invited by the servant like Li Zhiwen.
Li Zhiwen also made no sound, and sat down beside Jeff Hunter.
And this move of Li Zhiwen made the HSBC bank tycoon Sandus thoughtful.
After all, Li Zhiwen had not had close contact with Jeff Hunt before, and he had a good relationship with HSBC.
Although Li Zhiwen did not show restraint in the Hong Kong Governor’s Mansion this time, he still aroused Sundars’s suspicion.
The other people in the conference room took a look at Li Zhiwen and were not paying attention. For them, HSBC is the enemy. As for Yulong Bank, what is that?
And what they think is really reasonable. Under normal circumstances, if Li Zhiwen doesn’t play tricks, it is absolutely impossible to appear in this small meeting room.
It happened that Li Zhiwen gave the Financial Secretary a means to make it appear here.
But it’s just that. As for the rest, Li Zhiwen needs a real sword to grab it.
And soon the door of the conference room opened again, and Governor Youde and Jon Joseph walked in.
“You have been waiting for a long time, I rushed over as soon as I finished handling the matter.” Youde said.
“The Governor-General is busy with business, so we should wait.” Everyone said.
While Youde glanced at Li Zhiwen when he was speaking, he didn’t understand why this Chinese could appear on such occasions.
If the governor was MacLehose, there would never be such a doubt, after all, MacLehose knew Li Zhiwen’s energy.
And if it is MacLehose, Li Zhiwen may get a complete Hang Lung Bank.
But it’s a pity that Youde is a new governor. Even if he heard about Li Zhiwen, he just sneered.
For some, the Chinese and the ghosts are essentially different, even if the Chinese seems to be very obedient.
“Everyone knows the purpose of this gathering. For Hang Lung Bank, the Governor’s Mansion has no idea to operate and the Governor’s Mansion has no idea to enter the financial industry. Therefore, it is inevitable to sell Hang Lung Bank. This is also the purpose of convening everyone. Everyone’s conditions.” Youde said.
Hearing Youde’s words, the few people looked at each other and did not speak, but then looked at Sanders.
After all, in Hong Kong’s banking industry at this time, HSBC is the leader in the banking industry.
Even if Citibank is larger than HSBC, on this three-acre land in Hong Kong, Citibank also depends on what HSBC means.
Of course, it’s just a look. As for whether to listen or not, it’s up to each person to consider it.
Sandus saw everyone’s eyes, somewhat satisfied and somewhat helpless.
Sundars said: “HSBC can buy shares in Hang Lung Bank just like Hang Seng Bank. We, HSBC Bank, have decided to invest 200 million to hold 51% of Hang Lung Bank.”
Sundarshi looked at Youde after finishing talking, but Youde frowned. To be honest, this condition is really not very good.
Why do you say that, because HSBC did not mention Hang Lung Bank’s loan issue.
If you don’t deal with Hang Lung Bank’s loan problem, the core problem still remains unsolved. Obviously, this is not what Youde can be satisfied with.
“What does Citibank mean?” Youde turned his head and asked George Eastman.
“Citibank can spend 350 million Hong Kong dollars to acquire Hang Lung Bank, but the debt problem of Hang Lung Bank, the Governor of Hong Kong also knows our difficulties.” George Eastman said.
Although George Eastman did not say so thoroughly, but Youde and Jon Joseph both understand that Citibank will not take over the debt problem of Hang Lung Bank.
Youde crossed George Eastman and looked at Hisuji Fujita of Bank of Mitsubishi.
To be honest, Youde doesn’t have a good impression of the Japanese.
Japanese are those who are humble when they are weaker than you. Their heads can be lowered to the soles of their feet.
But as long as the Japanese gain power, they will immediately gain power and not forgive, riding on your neck and peeing.
So Youde don’t like Japanese people very much, but there is no way, zz can decide whether you like it or not.
“Governor Youde, we, the Bank of Mitsubishi, can invest 200 million Hong Kong dollars to acquire Hang Lung Bank, and at the same time can assume 30% of Hang Lung Bank’s debt.” said Fujita Hisaharu.
Fujita Hisaji’s words made Youde quite satisfied. At this time, it was a good sign that someone was willing to bear the debt problem of Hang Lung Bank.
Youde nodded, and then crossed Fujita Hisa to look at Aldo Puffy at the Arab Bank.
Aldoberfei then said: “Mr. Youde, our Arab bank is also willing to acquire Hang Lung Bank for 200 million Hong Kong dollars, and can bear 50% of Hang Lung Bank’s debt.”
Youde heard these words, although there is a little gap with the ideal, but in Youde’s opinion, it may be the best situation.
As for Standard Chartered Bank and Yulong Bank, which have not spoken yet, in Youde’s opinion, there will be no good conditions.
Standard Chartered Bank’s situation Youde has some understanding, and overall it is far inferior to HSBC Bank.
As for Yulong Bank, what is it? Ask Li Zhiwen what is the use.
Aldoberfield can offer such conditions, purely because the Arab Bank has just landed in East Asia and Southeast Asia, and Hong Kong is an international city in East Asia, and it needs to pay for it.
Then Youde shifted his gaze from Aldo Puffy again, stayed on Li Zhiwen for a second, and then looked at Jeff Hunter of Standard Chartered Bank.
And Jeff Hunter said: “Your Excellency, Standard Chartered Bank and Yulong Bank have reached a cooperation and will pay 200 million Hong Kong dollars for the wholly-owned acquisition of Hang Lung Bank.”
“At the same time, Hang Lung Bank will be operated separately and the Hang Lung Bank brand will be retained.”
Jeff Hunt’s words seemed to have dropped a bomb, causing a buzzing in the conference room.
No one expected that someone would consider Hang Lung Bank to operate independently. What is the meaning of the acquisition?
Although the two banks behaved like brothers at this time, but who knows what will happen in the future, this is also an aspect that everyone is unwilling to cooperate.
As for Standard Chartered Bank and Yulong Bank in this acquisition, the heads of Citibank, Mitsubishi Bank and Arab Bank all believe that Standard Chartered Bank will dominate.
After all, Standard Chartered Bank does not rank much in the world, but it is much larger in Hong Kong than these banks.
But in Sundars’s opinion, this cooperation is very likely to be led by Li Zhiwen. There is no internal information. It is purely based on his dealings with Li Zhiwen.
Of course, HSBC would not say it. After all, there was a transaction with Li Zhiwen about the Carrian Group. Secondly, regarding the Hang Lung Bank’s affairs, HSBC was really indifferent and powerless.
After all, HSBC holds a 51% stake in Hang Seng Bank, Hong Kong’s third-largest bank. Although it does not involve management, major decisions can still be in charge.
And Hang Lung Bank is only the larger of a medium-sized bank.
Another thing is that HSBC really doesn’t have much funds to accept the shares of Hang Lung Bank.
It would be okay if it was after the sale of the Golden Gate Tower, but who made Sanders and Li Zhiwen just verbal agreement at this time, and it didn’t come true.
So Sanders glanced at Li Zhiwen, and couldn’t help but sigh that Li Zhiwen chose Standard Chartered Bank as his partner.
As soon as Standard Chartered Bank is a British bank, under the same conditions, Youde will naturally prefer Standard Chartered Bank.
Secondly, at this time Standard Chartered Bank has the idea to expand outwards, and does not have much energy to take into account the Hong Kong side.
It is said that Standard Chartered Bank is seeking the African market, but there is not much time for Hong Kong.
And this gave Li Zhiwen a great opportunity to operate.
When Youde heard Jeff Hunter’s words, he first raised his brow and glanced at Li Zhiwen, and then he returned to the original state.
The cooperation between Standard Chartered Bank and Yulong Bank will definitely be the leading role of Standard Chartered Bank in Youde’s opinion. Therefore, there is no problem in selling Hang Lung Bank to Standard Chartered Bank, but at this time, we need to see Standard Chartered Bank’s next conditions.
“What about Hang Lung Bank’s debt? What do you two think?” Youde asked.
At this time, without Jeff Hunter answering, Li Zhiwen first said: “We both are willing to bear 60% of Hang Lung Bank’s debt.”
Li Zhiwen originally wanted to take over, after all, this debt is a big trouble for other people, and it is not too big for Li Zhiwen.
First of all, Hang Lung Bank’s debts are mostly bad debts and bad debts, and 90% of bad debts and bad debts are due to excessive loans to real estate companies.
At this time, the real estate market is in a downturn, and the real estate company has no capital turnover, and is unable to repay the loans and becomes bad debts.
Of course, some people will say that there is a company in existence. The big deal is to sell the company’s shares or go bankrupt and go bankrupt and liquidate.
But this has another big problem. The company’s assets are completely incapable of covering the debt.
As for the future of Hong Kong’s land market, many people cannot see through it, or if they see it through, they don’t know what to do.
After all, the prefecture and the city will be down again and there will be more time, no one can guarantee it, and it cannot be predicted.
But Li Zhiwen can. In Li Zhiwen’s memory, although the Chinese and British declarations on Hong Kong will be delayed until 1984, in fact, in 1983, that is, next year, the city of Hong Kong was slowly recovering, of course, very slowly.
And the point of recovery is not enough to come from the depreciation of the Hong Kong dollar in 1983.
But this kind of rebound has indeed given a lot of investors confidence.
And even if there is a problem with the upturn of the prefecture market, as long as you persist, the exchange rate will be resolved when the Hong Kong dollar depreciates.
And now the largest number of Arab banks are only willing to assume 50% of Hang Lung Bank’s debt, so of course Li Zhiwen will not assume all of it stupidly.
After all, those real estate companies Li Zhiwen now have a lot of shares, so they can be less.
Of course, who will bear the remaining debts is naturally the Hong Kong government.
Hearing Li Zhiwen’s words, first of all, Aldo Puffy of Arab Bank was a little bit unable to sit still. After all, as far as the current situation is concerned, this sale may be missed, but Aldo Puffy is not willing to let go.
So Aldo Puffy said, “Your Excellency, our Arab Bank is willing to buy Hang Lung Bank for 250 million Hong Kong dollars.”
Good guy, a price increase is 50 million Hong Kong dollars, which looks like a lot, but to be honest, it is the same. After all, debt is the bulk of it, which is why Aldo Paffey is unwilling to take on more debt.
After Aldo Puffy finished speaking, Youde looked at Jeff Hunter and Li Zhiwen, wanting to see the conditions of the two.
As a result, Jeff Hunter and Li Zhiwen were silent and did not speak.
At this time, the two have formed a tacit understanding, the price is high enough, no matter how inappropriate.
Youde saw that Jeff Hunter and Li Zhiwen did not take any further action, so he sighed and said: “The Hong Kong government agrees to the joint acquisition of Hang Lung Bank by Standard Chartered Bank and Yulong Bank~www.mtlnovel.com~ As for the remaining 40% of Hang Lung Bank. The debts of the Hong Kong government are to be borne.”
Youde gave a final word, letting Li Zhiwen and Jeff Hunter breathe a sigh of relief, but also let others breathe a sigh of relief.
“Let’s do it, the meeting is over. The docking work on Hang Lung Bank will be handed over to Mr. Jon Joseph, and both of you can find Jon Joseph.”
“Yes, Lord Governor!” Li Zhiwen and Jeff Hunter said.
Youde glanced at everyone in the meeting room, and finally left the meeting room swayingly.
Since the host has left, Li Zhiwen and the others naturally have no intention of staying, and they all left the meeting room one after another.
This meeting allowed the Hong Kong managers of Citibank, Mitsubishi Bank and Arab Bank to get to know the humble man Li Zhiwen again.
“Mr. Li is playing well!” Sang Dashi outside the Governor’s Mansion said with a smile.
“It was also Mr. Jeff Hunt that gave me face. It is really difficult to cooperate with a small bank like our Yulong Bank.” Li Zhiwen said.
“Why didn’t Sir Lee look for me?” Sandus smiled.
“Hahaha, time was too tight at the time.” Li Zhiwen said.
“That’s how it happened this time, but what about Sir Lee’s shipment of our goods?” Sandus asked.
“Soon, I will finish the matter at hand, and I will visit the Sandus Taipan.” Li Zhiwen said.
“Then I’ll be waiting for good news!” Sandus said and got into the car.