Rebirth of the Tech Madman
Chapter 777 There is a big difference between taking the initiative to withdraw and being driven awa
In the wave of bank runs in the mid-1960s, many affected banks were self-inflicted, because while they were keen on the long-cycle real estate mortgage business, they were also directly involved in real estate speculation. Ability is a big problem. .
At that time, Hang Seng was different from most of the Chinese-funded banks that also transformed from traditional bank accounts, and it had the characteristics of a modern bank. Although it also favors the real estate mortgage business, it is not involved in the deeper quagmire of direct real estate speculation. It can be said that it is in good condition and has an excellent reputation.
But the strange thing is that the rumors surrounding Hang Seng, such as the body attached to the bones, can't be shaken off, and many big depositors take the lead in withdrawing money.
At that time, Hang Seng received a total of 720 million Hong Kong dollars in deposits. On the highest day, 200 million Hong Kong dollars was withdrawn, and the blood bar dropped to an extremely dangerous kill line.
At the same time, HSBC very generously stated that any bank encountering difficulties in withdrawing funds from depositors can come to itself. But there is an implicit premise that is not explicitly stated, that is, to accept some conditions.
In this way, HSBC and Standard Chartered took advantage of the fire to get extremely rich profits. And Hang Seng handed over its control to HSBC at a price of 51 million Hong Kong dollars, and the rumors and run came to an abrupt end miraculously.
After HSBC acquired Hang Seng, it only sent four directors to the Hang Seng board of directors, and other aspects, such as the management, remained the same.
It can be seen that Hang Seng's operating level is recognized by even the shrewd HSBC.
The fact is also true. When Hang Seng was listed in 1972, the stock price reached HK$290 at the highest, which shows how good its management is.
Of course, this also shows more and more how weird it is that Hang Seng sells himself to HSBC.
What Tang Sheng said is very true. He Shanheng became more and more excited when Tang Huan brought up the greatest regret in his life, and slapped the armrest of the sofa heavily, After so many years of hard work, now is the time for Hang Seng Taking advantage of the great opportunity of the moment, I have escaped from the clutches of HSBC.
Speaking of this, He Shanheng sighed again, Unfortunately, HSBC has been strengthening its control over Hang Seng, and now it holds more than 60% of Hang Seng's shares.
Feng Jingxi took over the words and said, He Sheng is the spiritual leader of Hang Seng, and he has countless disciples and grandchildren. As long as he raises his arms, he can gather people. This is the only card in Hang Seng's hand that can threaten HSBC. But He Sheng I felt that I was still not sure, so I proposed to come to Tang Sheng to have a look, maybe I can find unexpected help.
Hang Seng was tightly choked by HSBC, and indeed there was no bargaining capital except for the management's picks.
Tang Huan pretended to think for a moment, and then said, I wonder how much He Sheng knows about HSBC's internationalization strategy?
The inside story is of course unknown, but one can guess that HSBC is very wary of Hong Kong's return, and is eager to move its headquarters to the UK. He Shanheng replied without hesitation, This also runs counter to Hang Seng's business philosophy. We don’t have so many worries, we just base ourselves on Xiangjiang and face the mainland.”
HSBC found Qinhe a series of troubles. As a 'return', I acquired a 14.9% stake in the British Midland Bank to attack HSBC's internationalization strategy. Perhaps, Hang Seng can also use this card to increase its own The right to speak. Tang Huan looked at He Shanheng and smiled slightly, I feel at ease seeing that HSBC has lost a powerful arm, so I won't impose any extra conditions on Hengfeng.
He Shanheng's eyes brightened, It seems that what Feng Sheng said is true, Tang Sheng has never had many ways here.
...
It took Tang Huan only one day to go to Xiangjiang, and he met with various big figures one after another, and talked about some extremely complicated affairs, and he was really tired. Therefore, after sending away He Shanheng, the spiritual leader of Hang Seng, who had already made plans, he went straight to sleep. down.
Turning around, Pu Weishi stepped on the time,
The reason why I came to see Tang Huan was to send money.
Thank you for your patronage. Tang Huan said with a smile: You will soon understand that my work has helped HSBC's plan to fully acquire Ocean Bank of the United States, saving a lot of effort.
After listening to Tang Huan's sarcastic remarks, Pu Weishi swallowed his anger and asked with a cold face: Besides you owning 14.9% of Midland Bank's shares, are there other partners involved?
HSBC is quite good at collecting intelligence. Tang Huan was a little surprised.
Forces including the ship queen Christina and the Kuwait Investment Authority did also sweep up some of the shares of Bank of Midland, but Tang Huan didn't need to tell Pu Weishiming.
Too greedy, no good! Pu Weishi threatened: For example, what are your intentions for BP?
Are you referring to the fact that the Kuwait Investment Authority is trying to acquire BP? Tang Huan flatly denied, HSBC is enough for me to worry about, and I have no time to participate in this matter.
Seeing Tang Huan's words were so affirmative, Pu Weishi couldn't help but a look of disappointment flashed across his face. He originally planned to take advantage of this incident to beat Tang Huan, so as to regain some initiative from the other party, but he failed. empty.
Tang Huan sneered mercilessly and said: HSBC can't let Midland Bank go, so just say it clearly, there is no need to ramble about looking for other bargaining chips, it will only be a waste of time.
Pu Weishi let out a sigh of relief, and asked in a deep voice: Okay, what price are you going to offer before you are willing to give up all the shares of Midland Bank and promise not to interfere with it?
This issue is more complicated. Apart from the fact that the offer will not be lower than the US Ocean Bank deal, there are also new players joining in who want to set a prerequisite before the negotiation begins. Tang Huan said leisurely.
Greedy guy, don't be so secretive, tell me clearly. Pu Weishi urged impatiently.
Tang Huan turned his head and asked the assistant, Is that distinguished guest here?
He Sheng has arrived. The assistant respectfully asked, Should I invite him here?
Tang Huan nodded slightly, and glanced at Pu Weishi, I hope some people won't be too surprised.
It was more than an accident. Pu Weishi, who had guessed the reason immediately after seeing He Shanheng walking in, was furious.
Before the other party sat down, he roared: Mr. Richest's hands, have you overreached? Even want to interfere in the internal affairs of HSBC?
I like excitement. Tang Huan shrugged shruggingly, Since there are new players who are willing to join the game, they are of course welcome.
After realizing that he couldn't get any explanation from Tang Huan's side, Pu Weishi turned to reprimand He Shanheng: Hang Seng has HSBC as the backing, and you know how many times it has grown and grown in recent years! I warn you, don't Impose personal desires on Hang Seng's head.
He Shanheng retorted lukewarmly: Similarly, you should know best how much blood HSBC has sucked from Hang Seng over the years!
Tang Huan watched Pu Weishi and He Shanheng's heated debate with great interest, and looked on from the sidelines, which fell into the eyes of some people and was not generally annoying.
Pu Weishi, who didn't want to be seen as a monkey, finally waved his hand at He Shanheng angrily, We should discuss the internal affairs of HSBC with the headquarters of HSBC.
Seeing He Shanheng looked at him helplessly, Tang Huan interjected indifferently: It's fine for you two to change places, and I won't stay any longer. It just so happens that Bao Yugang and Qiu Deba will be arriving soon.
Hearing this, Pu Weishi's body froze involuntarily, and cursed in his heart: As for threatening me with the two major shareholders of Standard Chartered Bank so superficially?
He Shanheng, who was refreshed, took up the conversation in a timely manner, Hang Seng also wants to help HSBC break through. After all, the dragon formation that Tang Sheng put up is getting more and more complicated.
Pu Weishi stood up angrily and walked out without saying a word. He Shanheng arched his hands towards Tang Huan, and followed out leisurely.
...
Tang Huan didn't fool Pu Weishi, Bao Yugang and Qiu Deba really wanted to visit together.
Sometimes, relationships in the business world are really magical.
When fighting for the control of Wheelock earlier, Bao Yugang and Qiu Depu were fighting head-to-head; but when Standard Chartered Bank encountered a hostile takeover, the two joined hands again and acted as the head of Standard Chartered Bank. The white warriors became the major shareholders of Standard Chartered Bank together.
Not surprisingly, Standard Chartered Bank also has its own internationalization strategy. When the Royal Bank of Scotland was acquired in the early 1980s, after both it and HSBC encountered obstacles, the dream of returning home was shattered, and Midland Bank has also become almost the only choice at this stage.
Bao Yugang and Tang Huan have been in contact for several years; although the relationship between Qiu Deba and the richest man has only been established for less than a year, it is equally close, and he is operating Funan as his most important base.
When they heard about the dinner Tang Huan had prepared for HSBC at the Bank of Midland, they also became very interested, so they ran over together to inquire about the details.
Looking at Bao Yugang and Qiu Deba's simple and serious faces, Tang Huan said with some embarrassment: Actually, according to my original intention, the Midland Bank card is intended to be used to ruthlessly kill HSBC. .”
Bao Yugang reminded with a smile: HSBC in Xiangjiang is related to the wealth and lives of many people, and many of them are very powerful Chinese families. For example, I am a stakeholder. It has been two years since I resigned as a director of HSBC for the sake of Standard Chartered Bank. , so Tang Sheng still maintains a certain degree, so as not to be backlashed.
Thank you for your advice. Tang Huan said sincerely: I understand that it is not an exaggeration to say that HSBC has kidnapped the entire Xiangjiang River. Hostility, I can't swallow my anger.
This is really a knot. Bao Yugang sighed, Actually, the best solution for both of you is to understand and cooperate. For example, HSBC invited you to become a director, but the relationship has deteriorated to the point where it is obviously not feasible. possible.
It's a good thing not to be tied up by HSBC. Tang Huan laughed.
Then how far is Tang Sheng going to go? Qiu Deba asked curiously.
Tang Huan thought for a while, and it was time to convey his attitude through the caliber of a third party, In the eyes of discerning people, it is not a secret that HSBC wants to shift its focus from Xiangjiang to its hometown, the UK, so I will help you , kick it hard in the ass.
There is a big difference between evacuating in an orderly manner and being chased away in embarrassment. Bao Yugang couldn't help laughing, Huifeng lost at least two front teeth with Tang Sheng's foot.
Although HSBC has played a positive role in stabilizing the economic order of Xiangjiang, it has also monopolized too many resources. benefits. Qiu Deba expressed his opinion.
That's true. Tang Huan, who was told in his heart, nodded, Just imagine how many businessmen in Xiangjiang look at HSBC with haughty eyes without humility.
Bao Yugang smiled approvingly. In terms of his current wealth, age, and health, the starting point for considering things is to prepare for the inheritance to the next generation. When facing HSBC and Tang Huan at the same time, he is even more Willing to choose the latter.
So Bao Yugang followed this topic and said: There is a living example, and there is one right now. The strife suffered by Cathay Pacific Airways has been fueled by HSBC.
What's the situation with Hong Kong Dragon Airlines now? Tang Huan Shun asked.
I lose money every month, and I rely entirely on the blood transfusion of shareholders to maintain it. Bao Yugang sighed, The key is that there is no hope. The most profitable route is the route from Beijing, Shanghai to Xiangjiang. However, Dragonair could not get a regular flight permit at all. In addition, Swire Group accepted CITIC into Cathay Pacific, which immediately offset the background advantage that Dragonair was originally proud of. △≧miào.*bi (.*)gé△≧,
From Bao Yugang's words, Tang Huan heard that the other party was beginning to withdraw, so he asked suspiciously: I remember I once suggested that Hong Kong Dragon Airlines should pay attention to the route of Funan. No?
Bao Yugang shook his head, Shareholders are not very interested, because Hong Kong Dragon Airlines has been eyeing the position of Hong Kong Airlines industry representative since its inception.
Tang Huan was speechless. The biggest reliance of Dragonair was the Chinese background resources. But now that Cathay Pacific has broken this monopoly by introducing CITIC, the first thing Dragonair considers is survival, so what right do they have to be picky eaters?
Cathay Pacific has already contacted me, and wants to buy my shares in Dragonair, and invite me to join the board of directors of Cathay Pacific, but due to political considerations, I am unwilling to agree. Bao Yugang watched Tang Huan, Why don't I transfer this bargaining chip to Tang Sheng, and you can use this to enter Cathay Pacific, and make HSBC feel uncomfortable again.
Tang Huan immediately became interested, Will Swire Group take the risk of offending HSBC to recruit me?
Bao Yugang explained confidently: Although Dragonair's business has not improved, if it is not eliminated, its threat is real, especially if it falls into the hands of Tang Sheng, who is more powerful, Swire Group will It’s even more difficult to sleep and eat. On the contrary, if you cooperate with Tang Sheng, all potential threats will become even more powerful. In contrast, HSBC’s feelings are not important.”
Qiu Deba said with a look of admiration on his face: If HSBC starts to have a quarrel with Swire Group again, it will really be betrayal.
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