The Industrial Giant Reborn

Chapter 114 HSBC's Response

"What suggestion does Mr. Shen Bi have?" Chen Zhiwen asked back.

Shen Bi said: "Although Hutchison's biggest problem now is the debt problem, it's just a new owner. 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 accept the consequences.”

"Thank you for reminding me, I'm actually very clear about this." Chen Zhiwen nodded and said.

"Okay, then when do you plan to announce it?" Shen Bi asked.

"Tomorrow morning." Chen Zhiwen said: "I want to settle this matter quickly. It has been delayed for a long time. If there is something wrong with Qi Dezun, it will be very troublesome."

Although Qi Dezun doesn't own many Hutchison shares, no one knows how many resources he has after he has mastered Hutchison for ten years. No one dared to object to HSBC Bank taking over Hutchison. Now it is not necessarily him. The longer it is given to Qi Dezun, the more troublesome it will be.

"Okay, as long as you can stabilize Hutchison's management, I, HSBC, will absolutely support you. In the next year, Hutchison will be financially stable and the loan will be repaid on time. HSBC will no longer interfere with Hutchison's internal operations unless there is another Question." Shen Bi nodded and said.

"Yes." Chen Zhiwen said. This year's real estate market has only recovered slightly, but the trend is not obvious. The pre-sale of this big project in Taikoo Shing is not very good, but as soon as next year, the trend of real estate speculation will start to appear. By 1977, it will be completely The heat 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 headquarters of HSBC Bank.

After entering the bank, many people greeted each other along the way, but they were almost ignored by Shen Bi. Under everyone's puzzled eyes, Shen Bi came to Sanders' room and told them all about what happened just now.

"It turns out that's what happened. I didn't expect that it was a Chinese." Saunders, who had controlled Hong Kong's economy for decades, couldn't help feeling deeply moved after hearing Shen Bi's words. In his era, the Chinese in Hong Kong were just doing things. With the lowest level of business, except for one Bao Yugang, he basically looked down on other Chinese. He didn't expect that when he was about to retire, he would encounter the acquisition of the four major foreign firms by Chinese capital.

"Chen Zhiwen has a 100 million US dollar credit line certificate from Citibank. I don't know how many resources he has overseas, so I can only follow his wishes." Shen Bi said.

"It's nothing good or bad. What you did is right. If he can bring He Ji back to life and avoid defaulting on the debt, it will be a good thing for us at HSBC." Saunders nodded and said: "Actually, it will be a matter of time, The North restored diplomatic relations with the United States in 1972, and I predicted that there would be major changes in Hong Kong, but I thought it would take at least another five years, and I didn’t expect it to start so soon.”

"Chen Zhiwen should have nothing to do with the North. We are very clear about the process of his fortune. He made a fortune by speculating in Landmark stocks. Later, he made Red Bull beverage, which sold very well in the United States. It is probably because of this that he won the favor of Citibank." Shen Bute said.

"It can only be said that the times make heroes. A drink has such profitability." Saunders laughed.

"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 Heji. Even if he has an absolute controlling stake, Qi Dezun has been running Heji for ten years, and it is not so easy to take over the entire Heji smoothly." Shen Bi said with a frown.

This matter is indeed very troublesome. He actually doesn't care about Huayang. As long as he can cooperate with HSBC and make HSBC profitable, he can cooperate, but the premise is that HSBC can gain control, such as the cooperation with Bao Yugang.

The shipping tycoon Bao Yugang was appraised by American magazines last year as worth 700-100 million US dollars. He is the richest Chinese man in the world and an international shipping king. But what is relatively low-key is that HSBC owns 30% of Bao Yugang's Global Shipping Controlled, and the shipping industry also relies on bank loans to operate. Naturally, most of Global International's loans come from HSBC. Although the so-called Chinese shipping kings are high-spirited, about half of the hard-earned profits belong to HSBC.

This is Saunders' 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 British-funded capital basically doesn't have entrepreneurs. They are a group of rich generations who are lying on their ancestral property and 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, but Chen Zhiwen suddenly acquired Hutchison Group with strong financial resources, which destroyed his layout, especially the overseas bank relationship of the other party. 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, and if one Chinese does too much, other people will naturally be affected.

Sanders looked at the setting sun outside the house, and said, "Shen Bi, are you still planning to lend Chen Zhiwen a loan to build Galaxy's headquarters building?"

"This kid is too cunning. This is the first thing to talk about. I don't think it's too risky, so I agreed. If he talked about He Ji first, I definitely wouldn't." Shen Bi shook his head helplessly.

"I know you abide by the verbal agreement, but it doesn't matter. Taikoo won't decide on a land transaction worth hundreds of millions of dollars in a few days. On the contrary, Hutchison will come up with the result soon. Let's just wait and see. Well, if Chen Zhiwen can stabilize Hutchison, his achievements in Hong Kong will be limitless in the future. We will just cooperate with him more in the future. At this time, I will increase my debt." Saunders thought for a while and said.

"It makes sense." Shen Bi nodded and said.

Saunders went on to say: "We still have some Hutchison stocks in our hands. Do you want to sell them to Chen Zhiwen? It can also be a small profit."

Although he is still the chairman of HSBC, Saunders has basically negotiated with Shen Bi in the past year, and it can be regarded as a full-fledged handover in the process. One more thing, he is getting old, and his mind may not be able to keep up with it in many cases. Meet the needs of the company and market development.

"That's fine." Shen Bi thought for a while and said, "This sale represents the attitude of HSBC."

PS: There is another chapter tonight.

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