Rebirth of Hong Kong 1981

As he said before, he is not interested in managing money for others and paying interest.

As a person of later generations, Yang Chen is very clear that although the banks sound tall and high, there are very few banks that can really survive a hundred years, and there are very few banks that can face the financial tsunami without falling down.

Except for those state-owned banks, or banks like HSBC that hold the right to issue money in a region, other banks, no matter how large they are, sometimes have problems.

The bigger the enterprise, the more difficult it is to manage. The same is true for the bank. The bigger the bank, the more depositors it has, the more difficult it is to manage.

Instead of taking the trouble to keep money for others, Yang Chen would not do such stupid things.

As a reborn, if you can't spend as much money as you want, then you are not a qualified reborn.

In Yang Chen's plan, his private bank is not used to help others manage money and loans, but to supervise the business and funds of his companies, and to coordinate the cooperation of various independent companies.

Many entrepreneurs in the later generations are very troubled by the problems of large companies. The larger the scale, the more problems, which can be dispersed, which may cause waste of resources.

In order to avoid this problem, Yang Chen felt that it was the best solution to control a bank and let the bank coordinate the various independent companies under it.

As for business transactions and capital flow of enterprises, I believe that there is no one who understands these better than banks. In this way, the waste of resources is solved to a large extent, and at the same time, it allows the subsidiaries to operate independently and avoid the disease of large companies.

Moreover, such management is also very beneficial for him to control the companies under his control. The bank only has the right to coordinate and supervise, and cannot affect the operation of individual companies.

And each independent company is subject to bank supervision and capital supervision, which greatly avoids the abuse of rights.

Big and small, small and excellent, excellent and long-lasting.

The most important thing is that this kind of dispersion, to a large extent, makes it unclear to the outside world how much wealth he has.

As the saying goes, this is the reason why wealth is not revealed.

Shen Congee heard Yang Chen's statement, and asked calmly: "Which bank under HSBC does Yang Sheng like?"

Yang Chen looked at Shen Congee in surprise, "Mr. Shen agreed?"

Shen Congee: "HSBC has invested in a lot of banks, including local banks in Hong Kong, and banks in various regions in Asia and Africa. If it is a bank outside Hong Kong, it may be difficult, but if it is only a local bank in Hong Kong, it is not impossible. .”

If it was in the 70s and 2s, Shen Porridge would definitely not have said this, but since the banking crisis in [-], HSBC has expanded aggressively, from seven in [-] to [-] after the banking crisis, and finally to Now, last year [-] HSBC branches opened.

For more than [-] years, HSBC Bank's branches have spread all over Hong Kong. The savings of HSBC Bank have reached half of the size of Xiangjiang.

As for other banks, even British-funded foreign banks are not their opponents, let alone Chinese-funded banks.

The Chinese-funded banks that HSBC once invested in are, for HSBC now, tasteless to eat and a pity to discard.

Many businesses overlap, resulting in waste of resources,

It was for this reason that Shen Congee would not compete with HSBC even after Yang Chen made it clear that he would buy the bank, so he didn't take it for granted.

Think about it, even Hutchison, a foreign bank with a market value of billions of dollars, HSBC sells it whenever it wants, not to mention one or two dispensable banks under its umbrella.

Moreover, even if Yang Chen wanted to compete with HSBC after acquiring the bank, it would be a dream. After nearly 20 years of development, HSBC's leading position in the banking industry in Xiangjiang is already unshakable.

Coupled with the fact that HSBC holds the right to issue banknotes in Hong Kong dollars, this is even more unmatched by ordinary banks.

Shen Congee smiled and said, "Yang Sheng has taken a fancy to the bank under HSBC, so why not come and hear about it."

"Hang Seng Bank" Yang Chen blinked and said.

"Ahem..." Shen Congee heard this, and almost sprayed Yang Chen's face with a sip of tea.

"Hang Seng Bank, Yang Sheng, you really dare to think about it." Shen Congee seemed a little annoyed by Yang Chen's words, and laughed out of breath.

You must know that when HSBC took a stake in Hang Seng in 5000, it spent a full 50.00 million Hong Kong dollars to obtain [-]% of the shares of Hang Seng Bank.

At the beginning, Hang Seng Bank was the only Chinese-funded bank that could compete with HSBC. Although after the banking crisis and HSBC’s seemingly invisible suppression, as the saying goes, this skinny camel is bigger than a horse .

Today, the number of Hang Seng Bank branches has increased to more than [-]. Although the strength is not as good as HSBC and Standard Chartered, it is still a top-ranking presence in the Hong Kong banking industry.

Such a bank, Yang Chen actually wanted to eat it in one bite, Shen Porridge didn't know whether to say that the other party was ignorant or confident.

"Mr. Shen, to tell you the truth, when I was attending a royal banquet in England earlier, Prince Charles and Hassar approached me and suggested that I form an investment fund.

To be honest, I personally feel that investment funds are not as convenient as investment banks. "

"Yang Sheng, you have another plan?" Shen Congee couldn't help but twitched his mouth when he heard this.

To be honest, Shen Congee is now a little afraid that Yang Chen will continue to toss around in the pond of Xiangjiang. Seeing Yang Chen's ferocious way of eating, he is really afraid that Xiangjiang will be directly beaten by the other party.

As one of the banks with the right to issue banknotes in Hong Kong, HSBC and Hong Kong can be said to be both prosperous and harmless.

If the other party continues, let alone the Governor's Mansion, even he will turn his face.

Chapter 507 Hang Seng Bank 1

"Uh, this time it's not in Xiangjiang, but in a foreign country. The pool here in Xiangjiang is too small, and it's only suitable for initial investment."

He is full now, well, to be precise, Xiangjiang doesn't have much oil and water for him to fish.

Next, he is not going to continue to toss around here. Compared with the Hong Kong dollar, which is depreciating every day, the pound and the dollar are obviously more attractive.

Although Xiangjiang can compete with New York and London in later generations, it will be more than ten years later. At this stage, Xiangjiang has just transformed into a financial center.

When it lays a solid foundation as a financial center, catches up with the rapid inland development in the 90s, and its foreign trade becomes more frequent, Xiangjiang, an important bridge to the outside world, will become the financial center of Asia.

The reason why Xiangjiang was able to become the financial center of Asia in the future was the support of the inland. Otherwise, with the economic size of the neighboring island country, Xiangjiang would not be able to win against Tokyo.

Hearing that Yang Chen was going to go abroad, Shen Conge finally let go of his uneasy heart. Smart people know when enough is enough, Shen Conge nodded secretly in his heart.

Those who know how to control and see the situation clearly will generally not have too bad future achievements.

In the next negotiation between the two countries, the stability of Xiangjiang is very important. If the other party still doesn't understand restraint at this time and makes a lot of money, then let alone the Governor's Mansion, even the inland side will have opinions on it.

Shen Congee: "Sheng Yang, the matter of Hang Seng Bank is not a trivial matter. I need to have a meeting with the board of directors to discuss it."

Yang Chen thought for a while, and said: "Mr. Shen, if I am willing to split Hang Seng, leaving only a quarter, keeping no more than ten branches in Xiangjiang, and transferring all of the business to HSBC, Mr. Shen has How sure are you of persuading the board of directors."

"Uh..." Hearing Yang Chen's words, Shen Congee took a careful look at Yang Chen. Seeing that he was not joking, he couldn't help but said, "Why does Yang Sheng have to use Hang Seng Bank? Can't other banks in Xiangjiang work?"

"Mr. Shen wants to know the answer?" Yang Chen hesitated.

Shen Congee nodded and made a gesture of invitation. Hang Seng is different from other Chinese-funded banks. Back then, this company was able to compete with HSBC. If it was not affected by the banking crisis, it would not have been acquired by HSBC.

If Yang Chen can't give a satisfactory answer, let alone the board of directors of HSBC, even Shen Congee would not agree to sell Hang Seng to Yang Chen.

Yang Chen didn't think too much, and said bluntly: "If I remember correctly, Hang Seng obtained the qualification to establish a branch in the inland last year, that is to say, Hang Seng is the only Chinese-funded bank in Xiangjiang that is allowed to enter the inland to open a branch. .”

Hearing this, Shen Congee suddenly understood why Yang Chen had to go to the Hang Seng bank. Nowadays, the entry of foreign banks in inland areas is very strictly restricted.

And Yang Chen's Donghua Group has now invested a large number of processing plants in the special zone, if you add the grain and oil company mentioned by the other party before.