Rebirth of Hong Kong 1981
Page 485
Yang Chen had already brought this up on his own initiative, so this is not the main issue. After all, the main issue of the directors of HSBC is still the purchase price.
HSBC holds 20% of Hang Seng shares, worth more than one billion yuan, which was originally about [-] billion yuan. Because the Hang Seng Index fell, the Hang Seng stock price dropped a lot.
The directors of HSBC mainly want Yang Chen to make up for the difference in the middle price, that is, to buy at a premium.
For Yang Chen's huge amount of cash in HSBC, the directors of HSBC are very greedy. With such a good opportunity, everyone naturally wants to bite off a piece of meat from Yang Chen.
Fortunately, Shen Congee finally persuaded the directors of HSBC Bank. Compared with the price difference of a few hundred million in the middle, Shen Congee values the billions and tens of billions of profits that Yang Chen will bring to HSBC in the future.
A mere few hundred million, how could such a difference in price satisfy Daban Wang's appetite.
Therefore, under the grand plan drawn by Shen Congee, all the directors of HSBC Bank raised their hands and voted, and passed Shen Congee's proposal.
Of course, the reason why the directors of HSBC Bank agreed so readily was not because of the tens of billions of pie Shen Porridge described to them.
Although the big pie is good, it takes a long time to wait to taste it. The greedy profit-seeking psychology of capitalists makes it impossible to think about such distant things.
They were mainly because of Shen Congee's words that the Hong Kong banking industry was about to usher in another banking crisis, and the impact would be no less than that of the [-] banking crisis.
If Hang Seng Bank is sold to Yang Chen now, when the banking crisis breaks out, Hang Seng Bank may still be taken back.
Thinking that the Hang Seng may be taken back, and everyone can make a lot of money in the middle, the directors of HSBC have no reason to stop it.
Each Optimus, a series of passages, let Shen Congee return to his office very comfortably.
Shen Porridge, who returned to the office, sat leisurely on the boss chair that belonged to him alone, squinted his eyes, and thought for a while before standing upright and picking up the phone on the table.
"Hi, I'm Shen Congee."
After waiting for a while, Yang Chen's voice came from the other end of the phone, "Mr. Shen, why are you free to call me today? Is it because my business is over?"
Shen Porridge laughed and said, "Yang Sheng is like a god. That's right. That matter is over. I have already convinced the board of directors. Yang Sheng, when you have time, come to the Chinese People's Association."
Yang Chen: "In this case, I have time now."
"Now?" Shen Congee looked at the clock on the wall, and then said, "All right, how long will it take you to arrive?"
……
After talking with Yang Chen, Shen Congee called his secretary again and asked her to prepare the details of Hang Seng Bank.
As a wholly-owned bank of HSBC, Hang Seng naturally has nothing to hide from HSBC. After negotiating with Yang Chen, these things will naturally be used.
Although he knew that it was impossible to sell Hang Seng to Yang Chen at a premium, it was absolutely impossible to sell it at a low price like Hutchison.
The biggest difference between Yang Chen and Li Chaoren is that Yang Chen is not short of money, and has enough funds to purchase the shares of Hang Seng Bank.
But Li Chaoren was different. At that time, Li Chaoren only had a Cheung Kong company worth hundreds of millions of dollars. Even if he wanted to sell Hutchison at a premium, it was impossible.
As for selling Hutchison to others, to be honest, Xiangjiang's powerful Chinese bosses are far less controllable than Li Chaoren.
What's more, Shen Porridge's heart is like a bright mirror, and he doesn't need to think about how to choose between 'icing on the cake and giving charcoal in the snow'.
Chapter 521 Eastern Culture
As a banker, Shen Porridge now has no shortage of money and status. With his status as the executive king of HSBC Bank, the profit dividends given to him by HSBC Bank every year are enough for him to retire for the rest of his life.
What he wants now is fame, a lot of fame.
This reputation cannot be empty or empty, but must be real.
In front of them, HSBC Bank was the head of the class. When they sat in this position, everyone naturally scrambled to curry favor.
But once they leave this position, they are nothing and can only take the money to go back to support the elderly.
Everyone in the world pays attention to success and fame.
Influenced by oriental culture, Shen Porridge is very concerned about his own reputation, and this reputation, he does not want to rely on his title of HSBC executive king.
He wanted to enhance his personal reputation, and let his name 'Shen Congee' be deeply rooted in the hearts of the people.
As the leader of HSBC Bank, apart from his own strength, Shen Congee is most talked about by his vision.
Some things, as time goes by, will disappear soon, just like the emperor and the courtiers.
Officials look at merit.
Bankers, on the other hand, look at the people they support.
Under normal circumstances, bankers will not deliberately support a person. After all, banks never do business at a loss, and maximizing profits is the purpose of banks.
But Shen Porridge did not take the usual path. While helping the bank make money, he also did not forget to pick and choose, and supported those capitalists who were capable, ambitious, powerful, and potential.
As the saying goes, you get melons when you grow melons, and beans get beans when you grow beans.
Although Shen Porridge is a Westerner, he has lived in the East for half his life, and he has learned a lot about the tricks of the Easterners.
He despises the immediate benefits, because the temporary benefits may be gone once done.
Doing business is all about long-term interests, and being a banker should not only focus on immediate interests, the long history is the last word.
There is only one reason why Shen Porridge is famous in later generations, that is, he sold Hutchison to Li Chaoren at a low price, allowing Li Chaoren to swallow the elephant and turn around brilliantly.
After Li Chaoren successfully settled in Hutchison, he also started a long-term cooperative relationship with HSBC, which allowed HSBC to get a generous reward.
Swallowing Hutchison is the most important part of Li Chaoren's rise. Without Shen Congee's support, Li Chaoren would not be Li Chaoren. He is still the well-known king of plastic flowers.
As for the position of the richest man in the Chinese people, he may not necessarily win the title. Without Hutchison, relying on real estate alone, several real estate bigwigs in Xiangjiang will definitely be able to suppress Li Chaoren to death.
In the front, he helped the charter king to abandon the ship and landed, and in the middle, he helped Li Chaoren settle in Heji, so he couldn't do things in an anticlimactic manner. In the end, Shen Porridge made Yang Chen miss him again.
In the trilogy of life, he was serious and prepared to support three people.
Don't look at the strength of Yang Chen's current companies that are not inferior to Li Chaoren and others, but none of Yang Chen's companies are listed, which virtually makes people ignore his true strength.
Compared with industries such as banking, retail and media, it is not worth mentioning at all.
In a capitalist society, banks are the real financial giants.Financial Big Brother.
In the territory of Hong Kong, the Jardine Group is the strongest among the four foreign firms.
Different from HSBC's pure development in the bank, Jardine also has a Hong Kong real estate leader 'Landmark', and the two companies control many listed companies.
It can be said that in terms of strength and influence, Jardine is not inferior to HSBC at all, and even better than HSBC.
But why is HSBC more famous?
the reason is simple
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