Rebirth of Xiangjiang: Across the World

Chapter 414 Arrogant British Capital

At the same time, interested people also found that the [-] companies in which they invested seemed to lack someone.

Cheung Kong Enterprises and Hepu Huangji, the two enterprises owned by the Li family, were not invested by Fuxing Bank.

Li Jiacheng was pushed to the forefront, and countless people scolded him as a scum of Hong Kong people, an unfamiliar white-eyed wolf.

HSBC is an orthodox British capital, and too many people in Xiangjiang are unhappy with them. Fuxing Bank launched a challenge. They are all happy to hear and see, and they all support Zheng Yaoyang.

How dare Li Jiacheng not support it? Could it be that he has forgotten his life-saving grace? Without Bao Yugang, Changshi Group would have gone bankrupt in the battle of Wharf.

There was a lot of public opinion in the market, and Li Zheju didn't understand what his father did: "Dad, Zheng Yaoyang is a big trend now, don't you always say that the big trend is irreversible."

"Zheng Yaoyang is what people want, but it doesn't mean he is the general trend. Don't underestimate the strength of HSBC."

Li Jiacheng's face was solemn, he was not the kind of person who would throw away a watermelon just to pick up a sesame seed.

If no one supported Zheng Yaoyang at that time, then he would definitely support Zheng Yaoyang, but there are too many people who support Zheng Yaoyang, icing on the cake is not as valuable as giving charcoal in the snow.

Moreover, Changshi is mainly supported by HSBC. If it turns to support Zheng Yaoyang, the contribution will not be directly proportional to the income.

Li Jiacheng's choice was right, he made the most correct choice with absolute rationality.

"Then what should we do now? Outsiders are calling our Li family a white-eyed wolf, which is rare."

When Li Zheju heard about it, he suddenly understood his father's approach. HSBC had a big chance of winning, and Fuxing had a big momentum.

It's just that they were inexplicably caught in the middle, bearing the anger of those ignorant people.

Sometimes he would envy his younger brother, who was in charge of his own family, and heard that the development in the cold country was flourishing.

He is the eldest son, unable to stand on his own like Li Zhekai, he can only inherit the family business honestly at home.

Li Jiacheng sneered: "Don't worry about it, have you been scolded less these years? It will stop after a while."

Li Zheju nodded and was about to leave when suddenly Li Jiacheng's assistant knocked on the door and said, "Li Sheng, Mr. Stephen invites you to have a party."

Li Zheju stopped, curious about what decision his father would make, Li Jiacheng nodded: "Call him back, I'm not free today, let's go at noon tomorrow."

A smile appeared on Li Jiacheng's face: "Zheju, it's a blessing in disguise."

The icing on the cake is not as good as giving timely help, and the same is true for HSBC.

Although he is old, he has always been unconvinced in his heart, why Zheng Yaoyang can ride on their heads.

They have worked hard for decades, and it is impossible for a kid who has no hair to grow.

The greater the storm, the more expensive the fish, the higher the risk and the greater the return. What Zheng Yaoyang can't give him, HSBC can.

Li Zeju sighed, although HSBC has a great chance of winning, but Zheng Yaoyang cannot use common sense to speculate.

If he can use common sense to speculate, he won't become the richest man in Xiangjiang within a year, become the richest man in Asia in less than three years, and do things that are called miracles.

As someone of the same age as him, Li Zhekai did not want to be an enemy of Zheng Yaoyang from the bottom of his heart.

Just as Li Jiacheng judged that there is no problem, the public is forgetful. One day they were scolding him for being a white-eyed wolf, and the next day they were attracted by new news.

The news is a countermeasure from HSBC.

After all, they were all riding on Zheng Yaoyang's head. If some countermeasures were not implemented, they might be mistaken for being pinched by mud.

So on April 4th, Xiaobawang ended his third roadshow at Aomen and successfully raised 12 million Hong Kong dollars.

The total frozen funds reached 78.7 billion Hong Kong dollars, making it the first stock to exceed 20 times since the opening of Hong Kong.

The news of the end of the road show had just reached Xiangjiang, and the citizens of Xiangjiang were not well known. Stephen, the executive director of HSBC Bank, immediately held a press conference and offered their three tricks.

Firstly, it was announced that HSBC and Standard Chartered jointly raised the deposit interest rates of current and dead deposits of users, intending to launch a battle for bank deposits again.

Secondly, they will jointly lower the interest rate of margin financing and securities lending, artificially create panic in the market, and finally shrink the business of corporate loans and prohibit funds from crossing the bridge.

How much money Fuxing has, Stephen can barely guess, at most it will not exceed 200 billion US dollars.

Those companies that support Zheng Yaoyang must have borrowed less than a dime from them now, so they can only ask Fuxing Bank for help.

For this favor, both Fuxing and Zheng Yaoyang had to help, otherwise they would most likely defect, and even if they did not defect, they would be dissatisfied. After all, they were hostile because they supported Zheng Yaoyang.

In this way, Fuxing Bank's capital reserves can be consumed, and companies that oppose them can fall into a crisis of capital rupture.

In the end, they waited for the day when Xiaobawang went public. As long as they could make Xiaobawang fall below the issue price on the day of listing and make Zheng Yaoyang lose his heart, then the victory would be decided.

If you are poor, you will have tactics interspersed, and if you are rich, you will be covered by firepower.

They have a great chance of winning and are strong, so they don't need to use those tricks at all.

HSBC's three tricks are almost immediate. Fuxing Bank's reserves have dropped rapidly, with daily outflows of up to one billion U.S. dollars.

Wade felt troubled, and hurriedly found Zheng Yaoyang to ask for a solution.Before they were worried that banks had too much reserves, now they worry that they have too few reserves.

HSBC is a conspiracy of Chiguoguo, relying on its deep foundation, and intends to fight a war of attrition with them.

Zheng Yaoyang pondered for a moment and asked, "How much reserve funds does our bank currently have?"

Wade replied: "Another $132 billion."

Zheng Yaoyang heaved a sigh of relief, and asked with a smile: "There are more than 130 billion US dollars in the account, so why panic? Do you know how much money this is?"

US$132 billion is a lot, and the mainland has a population of one billion people, and the current US dollar reserves are similar to them.

HSBC wants to create panic in the market, as long as they don't mess around, it won't affect them.

If you have to talk about the impact, you may lose the fault tolerance rate. Once Xiaobawang fails to go public and loses everyone's hearts, then they will become a piece of fish to be slaughtered.

Zheng Yaoyang paused, and then said: "Don't you think that the bosses of the company are trash? Don't they see HSBC's strategy? They just want to see if our determination is worth their investment."

Guo Desheng, Li Zhaoji, Zheng Yutong, none of these old guys are fuel-efficient lamps. They choose to support Fuxing in the hope that Fuxing can become a check and balance of HSBC.

The reason why now, following HSBC's wish, is frequently applying for loans with Fuxing, is probably to cut off Zheng Yaoyang's retreat, and by the way, get some benefits in advance.

In case Fuxing Bank loses to HSBC, they have some money in their corporate accounts, and they can relax for a few years, and then repair the relationship with HSBC later.

Wade suddenly realized, and asked: "Then, should the savings exchange rate of our bank be adjusted accordingly?"

Zheng Yaoyang ordered: "It must be adjusted up, to be the same as theirs. Anyway, their family has a big business. If we lose one thousand, they will lose ten thousand."

He suddenly felt a little rejoiced that lions and rabbits should do their best, but HSBC's attitude is too arrogant, or because they have been invincible all year round, they have formed this character, which gives them a chance to take advantage of.

The more arrogant their attitude is, the more firmly those companies will support Fuxing Bank.

If one day, Fuxing Bank really loses to HSBC, they will not sit idly by.

Next, Zheng Yaoyang asked about the negotiation with Tsingtao Brewery, and learned that the conversation between the two parties went smoothly, probably because He Tao hinted at them.

Zheng Yaoyang asked again: "By the way, the listing date of Xiaobawang has been confirmed yet?"

After the IPO roadshow, the company will submit a listing application. It can apply for listing in the next six months, but under normal circumstances, it will be listed within one month.

However, the specific date of listing needs to be negotiated between the company and the Securities Commission. After all, superstition in Xiangjiang is prevalent, and it is generally necessary to find a master to calculate.

Wade replied: "Pick two dates, Monday, May 5rd, and Monday, May 3th. Which one do you plan to choose?"

(End of this chapter)