"What suggestions does Mr. Shen Bi have?" Chen Zhiwen asked.
Shen Bi said: "Although Hutchison's biggest problem now is its debt problem, if a new owner takes over, if it triggers an internal management struggle, it will only cause more serious consequences. Although you have a controlling stake in Hutchison, you must Stabilize the management, otherwise, no one may be able to accept the consequences."
"Thank you for reminding me. I know this very well." Chen Zhiwen nodded and said.
"Okay, when do you plan to announce it?" Shen Bi asked.
"Tomorrow morning." Chen Zhiwen said: "I want to resolve this matter quickly. If it takes too long, if something happens to Qi Dezun, it will be very troublesome."
Although Qi Dezun’s Hutchison shares are not very large, no one knows how many resources he has after having owned Hutchison for ten years. It is no secret that a consortium has acquired Hutchison shares. It is not known what kind of preparation Qi Dezun will have. Historically, , HSBC came forward to take over Hutchison and no one dared to object. Now it is not certain that it is him. The longer time given to Qi Dezun, the more troublesome it will be.
"Okay, as long as you can stabilize Hutchison's management, HSBC will definitely support you. In the next one year, Hutchison's financial stability will be stable and the loan will be repaid on time. HSBC will no longer interfere with Hutchison's internal operations unless it happens again." Question." Shen Bi nodded and said.
"Okay." Chen Zhiwen said. This year's real estate market has only recovered slightly, but the trend is not obvious. The pre-sales of this large project in Taikoo Shing are not very good, but as soon as next year, the trend of real estate speculation will begin to appear. By 1977, it will be completely The popularity of 1972 has been restored, and any debt crisis will not be a problem by then.
After separating from Chen Zhiwen, Shen Bi immediately asked the driver to rush back to the HSBC headquarters.
After entering the bank, many people greeted him along the way, but Shen Bi was almost ignored. Under everyone's puzzled eyes, Shen Bi came to Sanders' room and told him everything about what had just happened.
"So that's what happened. I didn't expect that it was a Chinese who took action." Sanders, who has controlled Hong Kong's economy for decades, couldn't help but sigh with emotion after listening to Shen Bi's words. In his era, the Chinese in Hong Kong were just doing As a businessman at the lowest level, except for one Bao Yugang, he basically looked down on other Chinese people. He did not expect that when he was about to retire, he would actually encounter the acquisition of four major British banks by Chinese capital.
"Chen Zhiwen has a credit line certificate of US$100 million from Citibank. I don't know how many resources he has overseas, so I can only follow his wishes." Shen Bi said.
"Nothing goes smoothly. You did the right thing. If he can bring He Ji back to life without defaulting on his debt, it will be a good thing for us at HSBC." Sanders nodded and said: "Actually, this will happen sooner or later. When the North restored diplomatic relations with the United States in 1972, I predicted that there would be great changes in Hong Kong, but I originally thought it would take at least another five years, but I didn't expect it to start so soon."
"Chen Zhiwen probably has nothing to do with the North. We know very well how he made his fortune. He made a fortune by speculating on Land shares, and later made Red Bull beverage, which was very popular in the United States. This is probably how he got the favor of Citibank." Shen Bi said.
"It can only be said that times make heroes. A drink can actually have such profitability." Sanders said with a smile.
"It's normal. Coca-Cola is also a super giant company. As long as it reaches the extreme in any industry, it will have huge capital." Shen Bi nodded and said.
"The question now is, after Hutchison, what attitude should we take to deal with him." Sanders said.
"Let's wait until he stabilizes Hutchison. Even if he has absolute control, Qi Dezun has been running Hutchison for ten years, and it will not be so easy to take over the entire Hutchison." Shen Bi said with a frown.
This matter is indeed very troublesome. He actually doesn't care about the differences between China and Yang. As long as he can cooperate with HSBC and make HSBC profitable, he can cooperate, but the premise is that HSBC can take control, such as cooperation with Bao Yugang.
Shipping king Pao Yugang was estimated by an American magazine last year to be worth US$700-1 billion. He is the world's richest Chinese and an international shipping king. However, what is relatively low-key is that 30% of Bao Yugang's global shipping company is owned by HSBC The shipping industry also relies on bank loans. Naturally, most of Global International's loans come from HSBC. Although the so-called Chinese shipping kings are high-spirited, about half of their hard-earned profits belong to HSBC.
This is Sanders' most proud achievement during his ten years in power at HSBC. Shen Bi also wants to copy it and needs to find a Chinese like this.
It's not that he favors the Chinese, but that there are basically no entrepreneurs from British capital. They are just a group of rich generations who are living in their ancestral property. They have no development value similar to "Bao Yugang".
Originally, he was not in a hurry and waited until he actually took office before slowly choosing a suitable Chinese partner. However, Chen Zhiwen suddenly used strong financial resources to acquire Hutchison Group, which destroyed his layout, especially the other party's overseas banking relationships. It is simply impossible to be controlled by a local bank.
It is true that he can choose other Chinese, but the entire Hong Kong market is so big. If one Chinese does too much, other people will naturally be affected.
Sanders looked at the sun that was about to set outside the house and said, "Shen Bi, do you still plan to lend money to Chen Zhiwen to build Galaxy's headquarters building?"
"This guy is too cunning. He mentioned this matter first. I thought there was no big risk so I agreed. If he had mentioned the Hutchison matter first, I would definitely not have done it." Shen Bi shook his head helplessly.
"I know you abide by the verbal agreement, but it doesn't matter. Swire's side won't decide on a land deal worth hundreds of millions in a few days. On the contrary, Hutchison's side will come out with the results soon. We can just wait and see. , if Chen Zhiwen can stabilize Hutchison, his future achievements in Hong Kong will be limitless. We can cooperate more with him in the future. If he cannot stabilize Hutchison, but let Hutchison fall into civil strife, then I guess even if we don't mention it, Chen Zhiwen will not It’s time to increase your debt at this time.” Sanders thought for a while and said.
"That makes sense." Shen Bi nodded and said.
Sanders then said: "We still have some Hutchison shares in hand. Should we sell them to Chen Zhiwen? We can also make a small profit."
Although he is still the chairman of HSBC, Sanders has basically negotiated with Shen Bi in the past year, which can be regarded as a full-scale handover in the process. Furthermore, he is old and his mind may not be able to keep up with him in many cases. Meet the company and market development needs.
"That's okay." Shen Bi thought for a moment and said, "This sale represents HSBC's attitude."
PS: There is another chapter tonight.
(End of chapter)
