Chapter 391 HSBC’s dominance in Xiangjiang (7K chapter, please subscribe~)

  Banking!

  Chu Huan smacked his lips, silently thinking about Jian Yueqiang's suggestion.

  In fact, Chu Huan had planned to enter the banking industry a long time ago. If he could have his own bank, it would be much more convenient for him to do many things.

  Many Chinese-funded personal banks in Xiangjiang basically operate their own banks, and then take loans from their own banks to develop their own industries in other fields. This is why ordinary Xiangjiang citizens do not like to deposit their money in these banks.

  In addition, most bankers invest in real estate and the stock market, as long as the real estate market declines and the stock market crashes.

  The losses of these bankers will be very heavy, which will make the citizens even more distrust them.

It’s just that after the Hong Kong banking run-off in 1965, the Hong Kong government strengthened its control over the Hong Kong banking industry, and even announced the decision to stop issuing bank licenses. This decision lasted until 1978 before it was relaxed. But at that time, it was only the first to open licenses to foreign banks.

  Feng Jingxi's Sun Hung Kai Finance did not apply for a banking license until the early 1980s.

  So Chu Huan’s idea at the time was to wait until the banking crisis broke out again in Xiangjiang in the 1980s.

   "Now the Hong Kong government does not open banking licenses, it may not be so easy to apply for a bank of your own!"

  Chu Huan put down the bowls and chopsticks in his hands, and they were clean!

  Jian Yueqiang smiled and said: "As long as you want to do something, there must be a way."

  Chu Huan's eyes lit up, and he asked Jian Yueqiang, "Uncle Jian means that you want me to buy Bank of East Asia?"

   Jian Jianqian's forehead darkened, and he glared at Chu Huan.

  Chu Huan smiled.

   Jian Yueqiang said: "Although I am going to leave the Bank of East Asia, I don't want the bank founded by my father to fall into your hands like this!"

  The ideas of the older generation are bad!

  Chu Huan smiled, changed the topic and said, "Then is it buying other banks?"

  Jian Yueqiang nodded and said: "There are so many banks in Xiangjiang now, it is indeed a good thing to acquire a bank, but although I suggest you enter the banking industry, there is one thing you should know."

  Chu Huan asked: "What is it?"

  Jian Yueqiang asked Chu Huan: "Do you know why HSBC has a detached position in Xiangjiang?"

   "Isn't it because he is the quasi-central bank of Xiangjiang?" Chu Huan said casually, and the whole Xiangjiang knew about it.

  Jian Yueqiang chuckled and said, "This is just a common name. What really matters is the power in HSBC's hands!"

  Chu Huan looked at Jian Yueqiang curiously. Regarding the rights of HSBC in Xiangjiang, Chu Huan knew that HSBC has the right to issue banknotes and is the main bank of the Hong Kong government.

   But this is just a general concept, and there is no specific concept.

  Jian Yueqiang told Chu Huanpu: "The management of the Hong Kong government's foreign exchange and fiscal reserves and the government's cash payments are mainly undertaken by the Exchange Fund and the Treasury Department respectively, and then these two institutions communicate with the relevant banks.

  According to internal estimates of the banking industry, HSBC accounts for more than half of the funds deposited by the Hong Kong government in various banks.

  As the main bank of the Hong Kong government, HSBC has a solid deposit base.

  This is why Xiangjiang people are willing to trust HSBC, and the Hong Kong government endorses them.

  At the same time, the management rights of the Xiangjiang Bank Association Clearing House, which is also called the bank settlement center by outsiders, are also owned by HSBC.

  In addition, Xiangjiang Bank can be divided into two categories: 10 settlement banks including HSBC and all other banks collectively referred to as secondary settlement banks.

  The settlement bank must open an account with HSBC, the secondary settlement bank must open an account with the settlement bank, and HSBC does not need to open an account with any bank.

   HSBC does not pay interest on the credit balance on the settlement bank account, but if the account has a debit balance due to a bill exchange deficit, HSBC charges interest.

  HSBC charges interest on borrowings from member banks, while the fees for the clearing house are borne by all member banks.

  Under this arrangement, HSBC can obtain a considerable exclusive profit from the balance in the banking system.

   Not only that, the management bank can see the cash flow status of other banks at a glance. "

  After listening to Jian Yueqiang's introduction, Chu Huan was a little confused, "If this is the case, then wouldn't HSBC know about all the banking transactions in Xiangjiang?"

   Speaking of this, Chu Huan shook his head again, and said: "It shouldn't be, if this is the case, then HSBC should have known about my situation a long time ago?"

Jian Yueqiang shook his head, and said: "The HSBC that I just said can see the funds transactions of all banks in Hong Kong is just a general concept. First of all, in principle, only the Hong Kong government can access the funds transactions of other banks. In addition, they can only see the normal capital transactions, but they cannot see the capital transactions specific to a certain person or a certain company.”

Chu Huan then nodded and understood what Jian Yueqiang meant. HSBC has the right to see it, but it does not mean that they can exercise this right at will, otherwise it will bring a major crisis of trust to HSBC and the Hong Kong government. to specific financial transactions.

   "If this is the case, then no matter whether I acquire or establish a bank, I will naturally be restrained by HSBC. Isn't this kind of thing more troublesome?"

  Jian Yueqiang analyzed for Chu Huan: "Do you think they won't investigate you if you don't enter this industry now?"

  Hearing what Jian Yueqiang said, Chu Huan instantly understood.

  I also understand why there are always some rich people who are willing to spend management fees and deposit their real wealth in Swiss banks. After all, people in this period still trust the privacy of Swiss banks.

   Now, in Xiangjiang, the relationship between Chu Huan and HSBC is very delicate. The two sides have both cooperation and competition. These competitions are not actually about business, but about the status of Xiangjiang.

   Coupled with the British government behind the Hong Kong government, this made Chu Huan feel even more in danger.

  If they want to, they are exposed to the sun, and their underwear is showing them.

   "With your own bank, it will be more convenient for you to exchange funds, and then you will have some measures of your own, which should be better than your current situation."

  Chu Huan said: "If this is the case, the best way is actually to acquire a foreign bank. Only in this way can we avoid HSBC's monitoring."

  At this time, under the promotion of "Fortune", although Chu Huan has a certain international influence, the problems he faces in Xiangjiang will certainly not be encountered overseas in a short period of time.

  Jian Yueqiang said: "This matter is a bit troublesome, I can only give you one such suggestion, but how to choose between them depends on your own thoughts!"

  Chu Huan nodded seriously: "Thank you, Uncle Jian!"

  Jian Yueqiang nodded slightly. He knew that he could at most give Chu Huan some advice in this regard. No matter how much advice he gave, it would make Chu Huan fall into difficult choices.

  The two sides chatted about this matter for a long time before Chu Huan left Jian Yueqiang's mansion.

   "How was your chat with Uncle Jian?"

  After returning to the villa in Repulse Bay, Cao Yunshang put down the book in his hand and asked Chu Huan.

  Chu Huan told Cao Yunshang about the discussion between the two at Jian Yueqiang's home.

  Cao Yunshang scratched her head a little after listening to it, and said helplessly: "Fortune is all to blame for this matter. If it weren't for this magazine, those people would pay attention to you, but they wouldn't pay such high-level attention."

  Chu Huan lay on the sofa and said, "I thought this would definitely happen, but I didn't expect it to happen so quickly."

   "Even banks can't be trusted anymore. Now I really don't know what else can be trusted!" Cao Yunshang sat next to Chu Huan, also preaching helplessly.

   Some banks are really unbelievable!

  Chu Huan also thought helplessly.

   "Then what should we do about this matter now?" Seeing that Chu Huan hadn't spoken, Cao Yunshang continued to ask.

Chu Huan said: "Fortunately, whether it is "Fantasy Comics" or its peripherals, more income comes from overseas. The big deal is that we will go through an additional process from now on. First, put the funds in an overseas bank account. Avoid it as much as possible."

   There is no way to do this. Although HSBC will definitely not control its own funds, Chu Huan must take some precautionary measures when he thinks that his cash situation will be exposed to the sun.

  In addition, Chu Huan will also tell Chen Haichao about this matter, not to let Kyushu's funds be exposed.

  Next day!

In the meeting room of Jiahu Building, Chu Huan met Lu Qi from Huhua Real Estate, He Bingguang from Hang Lung Real Estate, Jiang Chengyu from the Legal Department of Jiaku Consulting Company, Cui Weihua, Manager of the Finance Department, Qiao Yuehan, Manager of the Operation Department, and Xu Yi, Manager of the Secretarial Department. .

   Several people sat together to discuss the merger of Huhua Real Estate and Hang Lung Real Estate.

  Although there is still pressure from HSBC and the Hong Kong government, the things that should be resolved still need to be resolved one by one.

   The merger cannot be abandoned because of pressure from HSBC and the Hong Kong government.

  At the meeting, Chu Huan directly proposed to merge the two companies.

  Before this, these people had already known about this matter from Xu Yi, but now they heard Chu Huan tell this matter directly, the people at the scene still showed different expressions.

  He Bingguang and Lu Qi's eyes collided with each other, sparking some sparks of competition. The merger of the two companies means more rights, but at the same time it also means greater competition for the two.

  After all, the merged company can only have one general manager.

  In addition, there are various interest disputes about the company's personnel, finances, etc., which will also be a very complicated matter.

  However, for Chu Huan, there is actually no pressure, because no matter how the competition is, for him, the merger must be completed.

   This is the benefit of Chu Huan's sole holding. There are no objections from those messy shareholders, and there is no need to balance the various rights and interests of shareholders.

  As long as you decide this matter yourself, it can be carried out seriously by the people below!

   But even so, there are still many things to deal with.

   "This matter must be done, and what everyone has to do now is to discuss the problems that arise during the completion of this matter and the solutions to the problems!"

  Chu Huan seriously preached to everyone.

  Seeing that Chu Huan was so resolute, everyone knew that this matter was irreversible.

Lu Qi took the lead in speaking: "If it is a merger, the Huaye City project is a bit complicated. Unlike other projects of our company, it is completed independently. The Huaye City project involves Sun Hung Kai, New World, and Hopewell Real Estate. , Hehe International, and Sun Hung Kai still has a 5% stake in the company, if the two companies merge, this will also involve how to measure Sun Hung Kai’s shares.”

  He Bingguang saw that Lu Qi took the lead, and then preached: "The personnel of the two companies is also a problem. Now the business of the two companies is highly integrated, and the same is true for the personnel arrangement. How to reasonably allocate these personnel transfers is also a problem!"

  With Lv Qi and He Bingguang starting, the rest of the people immediately raised their own questions.

  The entire meeting lasted exactly one day, and all the problems were not resolved.

  But everyone knows that this matter will definitely not be resolved in a day or two. It will definitely take a long time, it may be one month, or it may be two months.

   Now that the whole of Xiangjiang is paying attention to Chu Huan, they naturally noticed this meeting.

   "This matter is a bit strange. If it is for the development of the East Point land, shouldn't Lu Qi of Huhua Real Estate appear frequently to participate in this meeting during this time?"

   "Could it be that Huhua Real Estate is planning to jointly develop this land with Hang Lung Real Estate?"

"It's not impossible. Although Chu Huan earns so much money every year, he spends it fast enough. Now, no one knows how much cash he has in his hands. I think they should be discussing it now." The development of the Tsim Sha Tsui East land."

   These are the analysis of the reporters who are squatting in Jiahu Building and want to know some news about Chu Huan.

   Soon, their analysis was 'confirmed'.

  ‘According to the information obtained by this newspaper, Huhua Real Estate is discussing with Hang Lung Real Estate whether they can jointly develop the possibility of developing the Tsim Sha Tsui East land! ’--"True Daily"

As a wholly-owned subsidiary of Black and White Media, "True News" has been considered by Hong Kong people as Chu Huan's exclusive voice channel. Now that everyone has seen this report on "True News", plus their previous inferences, In an instant, everything became clear!

   "Can this really reduce some people's suspicion?"

  In the villa where Gu Chengxi lived in Deep Water Bay, Gu Chengxi nestled in Chu Huan's arms, and asked Chu Huan curiously.

Although Chu Huan's original intention was to let Hang Lung Real Estate and Huhua Real Estate merge, and he planned to use this matter to offset part of the hot discussion, but before the matter was successful, Chu Huan still wanted to suppress this matter. After all, the entire merger process takes a month or two.

  Chu Huan didn't want to cause unnecessary trouble during this period of time.

   In addition, Chu Huan has to create an illusion that although I make a lot of money, I also need to spend it in a lot of places, so the cash flow in my hand is not much.

   It's just an illusion created by this. Whether it can be trusted or not is another matter.

   Facing Gu Chengxi's question, Chu Huan just smiled and said, "It's up to them to believe it or not, but it's up to us whether to do it or not."

  After Gu Chengxi finished listening, he could only nod his head.

  Chu Huan looked at the time and said, "Okay, wait for me at home, I'm going out for a while!"

   Gu Chengxi saw that the time was past nine o'clock in the evening, and asked suspiciously: "It's so late, you still have to go out?"

  Chu Huan nodded, and said, "I have an appointment with someone, I must meet!"

  Hearing what Chu Huan said, Gu Chengxi didn't say anything.

   After changing his clothes, Chu Huan, accompanied by Qin Peng and others, left here and went straight to the Five Sacred Mountains Club.

  In the private room, Chu Huan met Roy Bentley from HSBC!

"A Huan." After seeing Chu Huan, Roy Bentley's expression was quite complicated, and finally he couldn't help but said: "If it weren't for "Fortune", I'm afraid I still don't know about you, A Huan. It’s so profitable!”

   When he first saw "Fortune", Roy Bentley was actually very happy. After all, the richer Chu Huan is, the more help he will have at HSBC.

  But after a few days of thinking, Roy Bentley also slowly figured out some other things, that is, is such an influential Chu Huan really what he needs?

Most importantly, because of what Chu Huan has exposed now, Sha Ya and the Hong Kong government have obviously changed some attitudes towards Chu Huan, so until now Roy Bentley doesn't know how this matter is for him. Is it good or bad!

  Chu Huan said with a smile at this time: "Is this the reason why you haven't seen me, Roy?"

  Chu Huan did not take the initiative to meet Roy Bentley. From Chu Huan's point of view, after this incident broke out, HSBC definitely wanted to meet him, and Roy Bentley should also meet him immediately.

   It was only four days before he returned to Xiangjiang that Roy Bentley called himself. It was obvious that the other party was also experiencing some psychological struggles!

  Roy Bentley smiled wryly, and said, "You don't know, there is already a quarrel within HSBC because of your matter."

  Chu Huan asked Roy Bentley, "What did HSBC say?"

   After asking, Chu Huan looked at Roy Bentley without any trace. This person is very important to him, and it is an important channel he uses to stabilize HSBC.

  So Chu Huan didn't want this matter to affect the relationship between the two of them.

  The current sentence is actually Chu Huan's test of Roy Bentley. If the other party can tell him the internal discussion of HSBC, it means that Roy Bentley is worthy of his continued trust.

  Roy Bentley did not notice Chu Huan's observation, and preached seriously.

   "I haven't discussed a specific result yet, but I'm curious about one thing!"

"whats the matter?"

  "Shen Bi's attitude! In the past, Shen Bi would definitely make a big fuss by making use of this matter, but now Shen Bi has not done so, and even proposed that we should deepen cooperation with you better."

  Hearing Roy Bentley's answer, Chu Huan frowned slightly, and he didn't expect Shen Bi to have such an attitude.

  But Chu Huan didn't naively think that Shen Bi backed down because his wealth had reached such a height, especially after he rejected him alone before, Shen Bi's attitude should not be like this.

  In Chu Huan's view, this is after Shen Bi experienced several blows before, and it should be that Shen Bi changed his previous strategy towards himself.

   "In my opinion, there is definitely no way for your existing achievement company, and strengthening cooperation with you is more in line with HSBC's current interests, but..."

   Having said that, Roy Bentley was silent for a moment, obviously making some kind of decision in his heart.

After a while, Roy Bentley's expression became firm, and he said seriously: "In my opinion, the purpose of the company's doing this is not necessarily to pretend that this incident did not happen, but to hope that it will happen in the future." In the process of cooperation, we can find a way to continue to target you. For HSBC, they are not worried that you are too strong. Among the powerful corporate assets, there is no share of HSBC!"

   This matter seems a bit domineering when you talk about it. If they don’t let you buy shares, you have to suppress them!

   But the truth of the matter is this.

  So, people who are used to being superior will not judge their own thoughts according to ordinary people's thoughts.

   But this is not important anymore. The fact that Roy Bentley can say this to Chu Huan already means that Roy Bentley still chose to stand by Chu Huan in the end.

"Roy, there are some things you don't need to worry about. Although everyone in HSBC already knows about your relationship with me, not everyone thinks the same as Shen Bi and Sha Ya. More people The most important thing is profit, as long as you can bring HSBC the benefits that the directors want, then you have a great possibility to become the next boss of HSBC!"

  Chu Huan did not answer what Roy Bentley said just now, but told Roy Bentley what he cared most about.

  People are selfish. It is true that Chu Huan's development has seriously threatened HSBC's preeminent position in Hong Kong, but this does not mean that all HSBC people see the interests of HSBC as a whole.

Don't think that HSBC is really that kind of selfless and tolerant company. The profits of the company went from bad to worse, which led to John Madden, the boss of Wheelock, once depressed and wanted to sell his shares in Wheelock.

  Having such an idea, Wheelock immediately contacted Landmark to discuss the sale of Wheelock.

  After the news came out, it immediately caused a huge sensation in Hong Kong, because if Hong Kong Land’s acquisition of Wheelock is successful, then the Jardine Consortium behind Hong Kong Land will surpass HSBC and become the largest consortium in Hong Kong.

So at this time, HSBC made a move. In another time and space next year, HSBC has already taken over Qi Dezun's Hehe International, and Hehe International is one of Wheelock's major shareholders, so HSBC instructed Hehe International to announce that it has appointed West Germany Bank's Subsidiary Asia International Capital Co., Ltd. assists Baoyuan Investment, the financial consultant of Hutchison, and puts forward specific and feasible opinions on the acquisition of Wheelock by Hutchison International!

   Subsequently, many British-funded consortiums entered the ranks of acquisitions, including Xiangjiang's Swire Group, Yingzhijie Group, Nanyang Consortium and Chinese-funded companies.

   All this caused Wheelock to find himself in a dilemma, so he sought advice from his own financial advisor, Dolly.

Huodoli is a wholly-owned subsidiary of HSBC, so they gave the opinion that there are many similar businesses between Jardine Matheson and Hehe International and Wheelock. cause serious injury.

  In the end, this matter is nothing!

   From this incident, it can be seen that HSBC is used to its superior status in Xiangjiang, and no one is allowed to challenge their authority in Xiangjiang, not even a British consortium.

   Not to mention Chu Huan now!

Speaking of Roy Bentley, although he is one of the top executives of HSBC, he is not the leader of HSBC. For Roy Bentley, the interests of HSBC can only be ranked second in his heart, while his own Benefits come first.

   And what he wants most now is to become the Taipan of HSBC!

   Now that Chu Huan's net worth has been exposed, HSBC's attitude towards Chu Huan has become ambiguous, and he, the person who has the closest relationship with Chu Huan at HSBC, is naturally deeply hit.

  But Chu Huan's words gave Roy Bentley hope once again.

  Yes, not everyone is like Shen Bi, more people value their own interests.

  As long as Chu Huan maintains the cooperation with HSBC under the current circumstances, then he will be able to continuously bring more benefits to the directors of HSBC.

   And the most important thing is that HSBC can develop better, this is the most important!

   It's just how this thing works, and it needs to be planned slowly.

   "A Huan, do you have any specific ideas!"

  Chu Huan smiled, and said: "I think the cooperation of a single East Point land development is not enough to satisfy HSBC's appetite here, right?"

  Roy Bentley laughed dryly and said, "What HSBC most wants to invest in now is your fantasy comic book club!"

  It's not just HSBC, it should be that all Xiangjiang companies are now able to invest in Chu Huan's fantasy comics club.

  Chu Huan said with a smile: "This is impossible, but there is a business that I can cooperate with HSBC, and it is the kind where both parties jointly invest!"

  After the previous conversation with Jian Yueqiang, even though Chu Huan thought of some ways to deal with HSBC, Chu Huan still couldn't completely push HSBC to his opposite.

   Only by deepening more entanglements with each other can HSBC be prevented from doing something that will kill the fish and break the net.

  Since this is the case, then throw some bones to HSBC. In this way, it will not only ensure that the two parties do not really turn their faces, but also satisfy some HSBC's inner needs, and at the same time buy more time for themselves!

   Send it at the third watch, I will continue to code and try to make up for what I owe everyone as soon as possible~~~

  

  

  (end of this chapter)