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Published at 11th of November 2021 05:16:09 PM


Chapter 1117

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Chapter 1117: Another large bank

After all, Cathay Pacific is Xia Yu's company, so naturally he dare not disclose the itinerary of the big boss.

And Xia Yu is not the kind of person with publicity, except for Li Qian and He Chaoqiong who knew that he had returned, no one else came to pick him up.

However, as a banner of Xiangjiang, Xia Yu was naturally the object of attention of countless people. He was less than twenty-four hours after his appearance in Xiangjiang, and the news of his return to Xiangjiang spread throughout the upper class of Xiangjiang.

And the people who got the news first were undoubtedly the people from the mainland. They were eager to know what results Xia Yu had achieved.

After Xia Yu was resting at home with his family for two days, he received an invitation letter from Xinhua News Agency, and he also saw an unexpected name on the invitation letter.

Knowing that the mainland was anxious, Xia Yu did not delay and went secretly to Xinhua News Agency.

After entering, Xia Yu saw Liu Zhihe surrounded by Wang Ping and Li Hua.

"Mr. Xia, thank you for driving!"

Seeing the three people who were welcoming to each other solemnly, Xia Yu smiled, shaking hands with them one by one, and said with a faint smile: "Director Liu, President Wang, President Li, please let the three of you meet each other, I am flattered!"



"What Mr. Xia said, you are our most important guest and friend, and that should be!"

"Please come in!"

"Go together! Please!"

After a short greeting, Xia Yu was surrounded by them and entered the living room. The staff who had been waiting inside immediately made tea for everyone, and the table was also full of fresh fruits and pastries.

After chatting for a while, Wang Ping and Li Hua found a lame excuse to leave at Liu Zhihe's gesture, leaving Liu Zhihe and Xia Yu in the living room.

Liu Zhihe showed urgency, looked at Xia Yu with anxiety and expectation, and asked inquiringly: "Mr. Xia, I don't know what Britain's current attitude towards Xiangjiang is?"

But Liu Zhihe is not nervous, after all, he knows the mainland's concern about this matter.

In particular, Britain just won the Falklands War. It was at a time when the momentum was in full swing. Some people in mainland China were pessimistic about Xia Yu’s actions and were eager to know whether Xia Yu could succeed and make strategic adjustments in time. That's why Liu Zhihe was sent directly to Xiangjiang to wait for Xia Yu.

Xia Yu said with a smile: "Director Liu, after my many efforts, Margaret Thatcher has given me a clear answer to Xiangjiang."

"The specific situation is like this..."

Next, Xia Yu explained his "efforts" and "the price paid", including how to establish a large family relationship, how much effort was spent, especially the promise to Margaret Thatcher The investment of 5 billion pounds within three years was highlighted. As for the use of Argentine intelligence as a bargaining chip, Xia Yu did not say.

But the process Xia Yu described shocked Liu Zhihe, and two of them shocked him the most.

The first point is that Xia Yu will invest 5 billion pounds in the UK within three years, which is equivalent to nearly 10 billion U.S. dollars, which is more than the mainland's foreign exchange reserves last year. We must know that the mainland's foreign exchange reserves last year were less than 7 billion U.S. dollars. In 1978, there was only more than 800 million U.S. dollars, and Xia Yu had such a powerful strength!

And if all this money is invested in the mainland, then the mainland will be able to have nearly tens of billions of dollars in precious foreign exchange, which can be used to purchase all kinds of goods urgently needed by the mainland, which can definitely generate huge value to the country!

However, for the stability and harmony of Xiangjiang, Xia Yu had to give so much money to the United Kingdom. When Liu Zhihe was moved by Xia Yu's patriotic heart, he couldn't help but feel aggrieved. If the country is strong, why...

The second point that shocked Liu Zhihe was undoubtedly the result of the negotiations between Xia Yu and Margaret Thatcher.

"Mr. Xia, can you be sure that the British Prime Minister knows what to say?"

Because the result was too shocking for him, Liu Zhihe was not at ease in his heart, and asked urgently.

Xia Yu gradually reduced her smile, and after thinking about it for a while in Liu Zhihe's mood, he said: "Director Liu, based on my understanding of Margaret Thatcher, she is a person who keeps her promise, but we are It is privately agreed that there shall be no stage or legal effect."

"So I personally suggest that after you bring the news back, the mainland will immediately send someone to talk to the British government and write down the stability of Xiangjiang on paper. Then it will be impossible for the UK to regret it!"

"One more thing, because of the victory of the Falklands War, the morale of the British people is very high. When the mainland negotiates with the United Kingdom, it is difficult to guarantee that the British government will promote the generosity of the British government in order to reduce the resistance of the people. Just get inside."

Liu Zhihe looked solemn, nodded heavily and said, "Mr. Xia, thank you for your reminder. I will definitely convey your opinion to the above after I return."

...

After Xia Yu left, Liu Zhihe immediately returned to the mainland with the guards. After returning to the capital, he described the process and results of Xia Yu's account, and also repeated Xia Yu's suggestions, which shocked a lot of people. People, many people have re-recognized Xia Yu's strength and have a deeper understanding of Xia Yu's position.

However, Xia Yu is not clear about these things. After all, the radiation range of the snare excludes the mainland.

In the next few days, Xia Yu was not idle. In the evening, he visited his master Li Chunqiu and his friends such as Huo Yingdong and Bao Yugang. During the day, he devoted himself to work and had a very fulfilling life.

On May 19, Xia Yu received Qiu Deba, the head of the Qiu family from Star City, at the headquarters of Jiuding Bank, accompanied by Liu Tianci, the head of Jiuding Bank.

"Mr. Qiu, I promised you last year that I would use a bank as a hub for our cooperation. Now the bank is here, please see!"

Xia Yu finished with a smile and handed Qiu Deba the information about the new Guangli Wing Hang Bank Group that Liu Tianci had just given him.

After waiting for ten months, I finally met the long-awaited bank.

Qiu Deba couldn't wait to receive the information and browsed it carefully.

Xia Yu drank tea leisurely, waiting for Qiu Deba to finish it.

The new Wing Hang Bank Group is actually a merger of the three wholly-owned banks Wing Hang Bank, Chong Hing Bank and Malaysia Guangli Bank acquired last year.

At the time of the stock market crash, these three banks were all subjected to a run that caused their value to plummet. Xia Yu also spent HK$1.375 billion on the wholly-owned acquisition of these three banks.

After that, Liu Tianci used Xia Yu's instructions and endorsed by Jiuding Bank and Standard Chartered Bank to restore the credibility of these three banks.

With the endorsements of the two giants of Jiuding Bank and Standard Chartered Bank, the three banks quickly got out of the run, and Liu Tianci also used vigorous expansion to prove the strength of these three banks to depositors. Therefore, the strength of these three banks has improved rapidly.

Before the run, none of the three banks was worth less than one billion Hong Kong dollars.

After the merger of the three banks, the name Guangli Wing Hang Bank is unified.

The new Guangli Wing Hang Bank has branches all over Hong Kong, Macau and Southeast Asia. Hong Kong and Macau have 68 branches and representative offices, and 47 branches and representative offices in Southeast Asian countries, with a total of 115 branches and Representative office.

After the merger, Guangli Wing Hang Bank’s total assets reached 25.9 billion Hong Kong dollars, the bank’s core Tier 1 capital was 1.813 billion Hong Kong dollars, and the Tier 1 capital adequacy ratio reached 7%. In terms of proportion, they are considered high-quality banks in Hong Kong and even Southeast Asia.

And the total assets of 25.9 billion Hong Kong dollars make Guangli Wing Hang Bank a large bank across Hong Kong and Southeast Asia!

The information in Qiu Deba's hands also stated the appraised value of Guangli Wing Hang Bank.

3.7 billion Hong Kong dollars!

Although this number is not as good as the combined value of the three banks before the stock market crash, it is not far off.

After the stock market crash, the three banks merged to achieve the effect of 1+1+1>3, so the valuation of 3.7 billion Hong Kong dollars is real!

When Qiu Deba saw this value, he also recognized it, but after his surprise, he was depressed.

Because last year he only asked Xia Yu to take out the equity of a bank worth more than 1 billion Hong Kong dollars, covering Southeast Asia and Hong Kong. He expected to obtain more than 33.3% of the equity or even more than 50% of the equity. .

But never thought that what Xia Yu is now throwing out is a bank worth up to 3.7 billion Hong Kong dollars!

When the equity of Swire Holdings was transferred last year, the equity was only priced at 630 million Hong Kong dollars. Even with the ten-month interest, it was only 708.75 million Hong Kong dollars!

He can only replace no more than 20% of the equity!

If the plan fails, how can you keep Qiu Deba from depressed?

But he can't blame Xia Yu~www.novelhall.com~ After all, the equity of a large bank with total assets of up to 25.9 billion Hong Kong dollars is very rare, after all, the number of large banks is very small!

"Mr. Qiu, my sincerity is already here, are you satisfied with this bank?"

After seeing Qiu Deba put down the information, Xia Yu asked with a smile.

Qiu Deba felt a bit bitter in his heart, but with a smile on his face, he nodded and said, "I think no one would say dissatisfied with a high-quality large bank!"

Xia Yu said with a smile: "If this is the case, then I will not pay a premium, and I will replace the corresponding equity for you according to the valuation price evaluation."

Qiu Deba looked down and solemnly thanked: "Mr. Xia, thank you for your generosity!"

Xia Yu laughed, waved his hand and said casually: "Mr. Qiu, I sincerely hope to cooperate with you for a long time, so I naturally want to show my sincerity!"

Xia Yu said so, Qiu Deba sighed inwardly, he could only obliterate the idea of ​​wanting to spend more money to buy some equity, he still wanted to make a face!

Qiu Deba laughed loudly and said: "Mr. Xia, please rest assured that the sincerity of our Qiu family will continue to show in the future."

"I wish us a happy cooperation!"

"Happy cooperation!"

After shaking hands, Liu Tianci called a lawyer to transfer the equity of Guangli Wing Hang Bank.

After the transfer, Jiuding Bank holds 80.85% of Guangli Wing Hang Bank's equity, while Qiu Family holds 19.15% of the equity.

At this point, the Qiu family in Star City was also pulled aboard by Xia Yu.

 

 

~: Wrong leave form

 

PS: Don't order this chapter. You accidentally changed the leave request form to this, which caused the release time to be confused and embarrassed. I have already reported myself to myself. This chapter should be closed in a few days.

There are many Hong Kong piers, but most of them are large piers. There is only one public pier for small boats to berth and unload passengers ashore. It is located at Edinburgh Square in Central on Hong Kong Island, adjacent to the Hong Kong City Hall and facing the Queen’s Wharf in Victoria Harbour.

May 20th.

Xia Yu stood in front of the floor-to-ceiling windows on the upper floors of the Jiuding Bank Building, looking at the grand handover ceremony being held at Queen's Wharf.

This day is very special.

Because the newcomer Peter Monroe, Governor of Hong Kong, arrived at Queen's Wharf and transferred power with MacLehose on the dock, he officially assumed the post of Governor of Hong Kong.

Looking at the grand celebration ceremony, Liu Tianci, who was standing next to Xia Yu, smiled and said, "Chairman, it seems that there are many bigwigs on the scene to greet Peter Monroe. When shall we visit him? Wait until he has a banquet?"



An inexplicable smile appeared at the corner of Xia Yu's mouth, and he shook his head slightly and said, "There is no need to visit him, he will come over."



Liu Tianci was taken aback, then looked at Xia Yu puzzledly: "Will he come over?"

Xia Yu nodded slightly, did not hide from Liu Tianci, and said softly: "I have reached an agreement with the British Prime Minister. I will have the final say in Xiangjiang in the future!"

"Peter Monroe should have been ordered."

Liu Tianci shook his whole body and looked at Xia Yu who looked indifferent with a shocked face. Then, his heart was filled with great joy.

If what the chairman said is true, then from this moment on, the sky of Xiangjiang will change, and the chairman will cover the sky with one hand. From the big businessmen to the people of the Li people, they will be shrouded in the shadow of the Jiuding Consortium!

Liu Tianci could not imagine what this meant, but he knew that Jiuding Bank stepped on the head of HSBC, and the time had come to dominate Xiangjiang!

"Wang Qi should be coming soon. Tell me about the situation of the Stock Exchange!"

After all, Xia Yu turned around and left.

Liu Tianci once again took a deep look at the lively Queen’s Wharf in the distance, with a smile on his face, and strutting away. He wants to meet Wang Qi first, and then he can report to the chairman of the stock exchange’s progress. .

...

It didn't take long before Wang Qi came to the Jiuding Bank Building. After a brief communication with Liu Tianci, the two came to Xia Yu's office.

"Chairman, I'm sorry I am late!"

Faced with Wang Qi's apology, Xia Yu waved his hand and said, "Kowloon is a little away from Central. If you are not late, please sit down and tell me about the specific situation of the Stock Exchange."

Liu Tianci and Wang Qi looked at each other, and then Wang Qi took the lead and said: "Chairman, from September to March last year, we completed a large number of equity acquisitions on the four major exchanges, and then on the 18th of last month , Completed the asset integration work of the four exchanges, and converted all the equity of the four major exchanges into equity of the Hong Kong Stock Exchange."

"After the conversion, the total share capital of the Stock Exchange is 1 billion shares. We hold a total of 495 million shares, accounting for 49.5%. However, these shares are dispersed to Jiuding Bank and Jiuding. Among the securities companies, Standard Chartered Bank, Jiuding Insurance Co., Ltd., Chiba Bank and Hang Lung Bank and other companies, Jiuding Bank holds up to 15% of the shares and is also the largest shareholder of the Hong Kong Stock Exchange."

"Besides us, the second largest shareholder is the Hong Kong Government, which holds 10.5% of the shares and has two director seats. The Bank of East Asia and Li Fuzhao together hold 9.2%, making them the third largest shareholder... "

Following Wang Qi's talk, Xia Yu had an intuitive and concrete impression of the Hong Kong Stock Exchange.

Under his intervention in this life, the Hong Kong Stock Exchange is fundamentally different from the previous life.

According to the historical trajectory, if the Hong Kong Stock Exchange wants to proceed to this point, it will have to wait until 1985 at least, but it has reached this level three years in advance.

In addition, the Hong Kong Stock Exchange in the previous life was a membership-based stock exchange, while in this life it was a company-based stock exchange. This is a fundamental systemic difference.

These two systems have their own advantages and disadvantages, and they have different meanings for people with different positions.

The membership stock exchange is a non-profit organization established in the form of a membership association, mainly composed of securities firms. Only members and licensed brokers are eligible to trade on the exchange. And membership-based stock exchanges implement membership autonomy, self-discipline, and self-management. The highest authority of the membership-based stock exchange is the general assembly, the board of directors is the executive body, and the board of directors hires managers to take charge of daily affairs.

For example, the Shenzhen Stock Exchange and Shanghai Stock Exchange in the mainland of the past are both membership-based stock exchanges.

On the other hand, the corporate stock exchange is profit-making. It is a company established by various investors to invest in shares. The corporate stock exchange is responsible for guaranteeing securities transactions within the stock exchange and must have a compensation fund.

The current Geneva Stock Exchange in Switzerland, the New York Stock Exchange in the United States and the London Stock Exchange in the United Kingdom are all typical representatives of corporate stock exchanges.

As for the advantages and disadvantages of the two systems of exchanges, briefly summarize.

The advantages of membership-based stock exchanges: Relatively speaking, it is not taking economic benefits as the first goal of the enterprise, but how to make the exchange platform bigger and stronger.

Disadvantages of membership-based stock exchanges: there are more rules, lower efficiency, and slower expansion of the exchange's scale.

The advantages of a corporate stock exchange: because it does not directly participate in securities trading and is in a neutral position in the securities trading process, it helps to ensure the fairness of transactions; at the same time, because its main responsibility is to provide all necessary securities transactions Such material conditions and services, and relatively simple business activities, are conducive to providing securities firms with as complete trading facilities and services as possible.

Disadvantages of corporate stock exchanges: Compared with the membership system, maximizing shareholder profits is the primary goal of the enterprise, and sometimes it will harm the interests of other traders for the interests of shareholders.

For Xia Yu, a capitalist and the king of Xiangjiang Finance, it is of course that the corporate stock exchange is more beneficial to him and can further stabilize his position in Xiangjiang.

And in order for Xiangjiang to rise as quickly as possible, the low-efficiency and slow expansion model of the membership-based stock exchange is indeed inappropriate. UU reading www.uukanshu.com

...

After Wang Qi finished speaking, Xia Yu asked, "Are there many noises inside the United Stock Exchange? Are Li Fuzhao and others honest?"

This time, it was Liu Tianci, the chairman of the board, to introduce.

He shook his head and said: "Li Fuzhao is definitely not reconciled, but he is a smart man, so after he has obtained the position of vice chairman of an exchange, he is also more cooperative with the company's decree."

"However, he can be regarded as the second largest power in the exchange. Under his connection, Hu Hanhui, Chen Pufen, Wang Qiming, Hu Baixi and others are united by him. Together, they also hold more than 22% of the shares. , Has four director seats."

"And our side has ten director seats. In addition to the nine seats corresponding to its own equity, HeungKong Bank of China has also given us 0.5% of the voting rights corresponding to the equity, which has increased our director seats. One, now we control ten of the nineteen director seats."

"We are also the major shareholders of Hang Seng Bank and HSBC, and the directors of these two banks on the exchange have been on our side."

"Moreover, the two directors sent by the Hong Kong government are also very supportive of us, so the merger of the exchange is progressing very smoothly."

"Now that the new governor Peter Monroe takes office, the positions of the two directors of the Hong Kong government will definitely stand on our side more firmly,"

Xia Yu smiled and said affirmatively: "Good job."

"Thank you for the compliment, chairman!"

Liu Tianci and Wang Qi immediately replied modestly.

Xia Yu smiled and continued to ask: "So what procedures still need to be followed by the United Stock Exchange and when will it be officially launched?"
 





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