The Wealth Empire Crossing the Hong Kong

Chapter 588
After nearly a week, members of Xianghua Club finally sold Global Shipping, Xianghua Bank, Pedder Building and Manson Building.

As for the price, it can be described as a tearful sale. The two buildings are better, being taken by Sun Hung Kai Properties and Lam Sun Properties under Lin Baixin respectively. The prices are [-]% of the current market price.

The price of Global Shipping and Xianghua Bank made the members of Xianghua Club bleed. Many Nanyang families jointly purchased the shares of Global Shipping held by members of Xianghua Club. The price given was two-thirds of the current stock market price.

You must know that the price of Global Shipping has been falling since the news of the sale was announced. The current price is only half of the previous price, and now it will be reduced by one-third on this basis.

Before the sale broke out, the total market value of Global Shipping was as high as nearly 70 billion Hong Kong dollars, but now several major families in Nanyang have bought the shares in the hands of members of the Xianghua Club with a market value of more than [-] billion, which shows how big the loss is.

The only thing that can make Xianghua feel better is that he has nearly two billion Hong Kong dollars in his hand, and at the same time, he no longer needs to worry about global shipping debts and development issues.

After the loss of Global Shipping, they can fully support the development of OOCL, and they can relax a lot. It is too difficult to support the business of two large shipping groups, but it is not a big problem to support the development of a large shipping group.

Xianghua Bank is not much better than Global Shipping. There are several major consortiums in Hong Kong and even Nanyang Consortium. They have large banks. They thought they could only seek overseas capital to take over. Fortunately, they came to the door and had some communication on the acquisition of Xianghua Bank. , and finally acquired the shares in the hands of the Honghua Club members with a total market value of 32 billion Hong Kong dollars.

You must know that in the last month, the total market value of Xianghua Bank was close to [-] billion Hong Kong dollars. In less than a month, it has shrunk by nearly two-thirds.

Li Jianhui, who was sitting in the office of Wheelock Building, looked at these pieces of news, and felt very emotional for a while. Xianghuahui will eventually fall in Xiangjiang. As for whether it can rise again in the future, it can only be seen in the northern market. developed.

If the development is good, it is not impossible to step on the two consortiums of Xinhong and Xinya again in the future.

Why was fourth uncle Li in his previous life only in the second position for a long time? You must know that before Xiangjiang returned, he was always able to suppress the first.

Now Xianghuahui, which has a lot of cash in hand, is smart enough to lay out some high-profit industries in advance, and it is possible to soar to the sky in [-] years.

However, no matter how Xianghua plans to develop, Li Jianhui is not worried that the other party can surpass him. This is the absolute confidence brought to him by having decades of memories in his previous life.

Now he is concerned that Nanjiang will take over Xianghua Bank, which means that the banking business of these people will be transferred to Xianghua Bank, which will seriously damage the interests of HSBC. This will make Nanjiang, which is not very united, may once again A split occurs.

The Nanjiang Club, which used to be the head of the five major consortiums, because of the uniqueness of the Hang Lung Chen family, closely cooperated with the two major Japanese consortia, Mitsui Mitsubishi, and drew a line with the Nanjiang Club.

Afterwards, the Xiangjiang members of the Nanyang Association also withdrew from the Nanjiang Association and established the Xiangjiang Branch of the Nanyang Association, which has since severed relations with the Nanjiang Association.

As a result, the strength of Nanjiang Club has been declining, let alone compared with Donghua Club. If it weren't for the strong support of the Rose Consortium, HSBC, Standard Chartered, CLP Power, Jardine, Swire and other companies have regained their vitality and suppressed Sun Hung Club and Xinhong Club. Asia will be difficult.

But now it is obvious that several people are not willing to be the attendants of HSBC, Standard Chartered, Jardine, Swire, etc., and want to be their own masters. This Xianghua Bank may be just the beginning.

Maybe it won't be long before another association will be born in Xiangjiang. When one side's power declines, another party's power will be born.

"Jianhui, this is the invitation letter handed over by the building's administrative staff just now. A dinner will be held at the Regal Hotel under Luo Yingshi in the Eastern District tonight."

As soon as Li Jianhui heard it, he knew that he probably couldn't wait.

No matter in the previous life or in this life, they are not people who live under the eaves. Seeing the Chartered Ship King, Li Zhaoji, and Zheng Yutong all become the talkers of one side, this person is obviously unwilling to just be a dispensable and transparent person.

Especially this year's entry into the top ten local families in Xiangjiang has fueled his inner ambitions.

And he is also very optimistic about the development of the northern market, and he is very clear that being too close to the British consortium will be quite unfavorable for him to enter the northern market. It is not surprising that he made such a decision.

In response to the new changes in the Xiangjiang business community, Li Jianhui specially discussed with Li Guobao and others at noon.

None of the Xiangjiang members of the East China Association were left behind.

"Jianhui, their acquisition of Xiangjiang Bank, and the fact that tonight's banquet is held at the Regal Hotel instead of the Peninsula Hotel, their Sima Zhao's heart is already known to everyone. What do you think of this new business consortium that is about to be established?"

In terms of the consortium that is about to be established, there are still some forces, such as Changshi, Shunde, Great Eagle, Lisboa Tourism and Entertainment Company, Amergo, Hysan Development, Liguo Hotel, Regal Hotel, TVB Group, Chimelong Institute Line, Xianghua Bank, Changshi Film Industry, Sanhe Film Industry and other industries.

There are not only the Lee Hysan family and the He family, one of the four major families of the older generation, but also the Changshi of the top ten families of the new generation, and Liu Luanxiong, a new rich man in Hong Kong, who also owns a film and television group, and This group is second only to Jiayi.

The market capitalization of the three major real estate companies Cheung Kong, Shun Tak and Hysan Properties all exceeded HK$[-] billion.

Although it is still insignificant compared with the British-funded enterprises of Donghuahui and Nanjianghui, it is no worse than Xianghuahui.

Regarding such a nascent consortium, Li Jianhui said: "We will wait and see how it changes for the time being, and see the reactions of other parties, especially the reactions of the helmsmen such as HSBC, Jardine, Standard Chartered, and Swire.

I believe that it is impossible for the two parties to break up harmoniously, and there will inevitably be a series of open and secret struggles in the follow-up. "

Hearing that Li Jianhui had no plans to target the Nanjiang Club, they didn't say anything more. After all, the privatization of the Golden Princess theater chain has contributed a lot of money, and now there is not much spare money to stir up trouble. Now the only one with the strength Li Jianhui is the only one.

In the eyes of people like Li Guobao, the biggest threat to them at present is still the Hong Kong British-funded enterprises, especially after these enterprises have received financial support from the Rose Consortium, their strength has risen sharply.

If it weren't for the fact that the Xinjian department was too strong, the Donghua Society would not have the strength to suppress the opponent.

For them to start anew, Li Guobao and the others are happy to see the results, which can weaken some of the strength of the Nanjiang Society.

So far, the effect has been quite good. This morning, just after the acquisition of Xianghua Bank was announced, the stock price of HSBC has plummeted. If HSBC comes up with an ineffective plan, I am afraid that Xiangjiang’s second largest listed company will give way. up.

(End of this chapter)