The Wealth Empire Crossing the Hong Kong

Chapter 589 Countermeasures of the Nanjiang Association

In a box at the Peninsula Hotel, Keswick said, "Shen Bi, what do you want to say about the current situation?"

If anyone present had the greatest opinion on Shen Bi, it would definitely be the leader of Jardine Helms. A few years ago, it was because of Shen Bi that Jardine Helms lost Wharf.

Although Wharf is now a British-funded enterprise again, the controlling shareholder is no longer Jardine Matheson, but belongs to Grosvenor Group.

And Shen Bi's reputation in the circle of British-funded enterprises is not very good, especially with the development of the past few years, regardless of the charter king he supports, or Li Chaoren, each of them chooses to establish a party to compete with them , causing Shen Bi's reputation to suffer a big blow.

According to rumors, the shareholders behind HSBC have intended to let Shen Bi step down from his current position and replace him with a new person to lead the development of HSBC.

Although it was a big blow to HSBC this time that Li Chaoren and others took over Xianghua Bank and started anew, Shen Bi did not weaken his momentum because of this.

"I know that the rise of Chinese-funded enterprises in Hong Kong in the past few years has greatly weakened our influence in Hong Kong. Not only can we not coerce the business community in Hong Kong in terms of strength, but we are in a weak position in many industries. Therefore, some people attribute the reason to on me, but is it really our cause?

We have to see that the Donghua Society, which poses the greatest threat to us, has not always had a friendly relationship with us.

Regardless of whether Li Jianhui or Li Guobao, Lei Juekun, Feng Jingyao, Zhang Guangwen and other core members of the Tung Wah Association, they don’t have much cooperation with us, let alone help each other rise.

As for Chartered Ship King, Li Chaoren, Chen Zengxi, Ho Hongsen and others, although we have some regrets, we have to admit that the rise of these people has largely shared the pressure from the Donghua Association for us.

In my opinion, without these forces, the Xiangjiang market would be completely dominated by the Donghuahui, and there would be no place for us here. "

Seeing that Keswick still wanted to speak up to argue with Shen Bi, Shi Huaiya immediately spoke up to smooth things over. The main purpose of gathering here today is to discuss the matter of the Chinese members of the Nanjiang Association starting anew, not to watch Keswick and Shen Bi quarrel.

As for how to deal with Li Chaoren and others who set up another mountain, there are also many differences among those present.

And each has its own reasons, and no one can convince anyone for a while, but one point of view is very clear, that is, Donghua will be their biggest competitor no matter at present or in the future.

At the same time, after Li Chaoren and others left this time, it was very embarrassing for them to lose the film and television media group, which was unbearable for them.

Over the past few years, the major forces in Hong Kong have become more and more aware of the importance of the media. Although this thing is a money-losing product, it has developed a lot in terms of public opinion and some development strategies.

Especially for them, the main film and television media in Hong Kong are controlled by Chinese consortiums, which is extremely unfavorable to them.

Because the relationship between Keswick and Shen Bi was not very friendly, this meeting was more dominated by Shi Huaiya.

After everyone expressed their opinions, Shi Huaiya said: "At present, everyone has three main opinions, one is to maintain the current cooperation with Li Chaoren Feng, and continue to promote the competition between the Huazi family and Li Jianhui and others.

The second is to break off all cooperation with Li Chaoren and others, but not specifically to suppress the industries under Li Chaoren and others, and let the other party develop. At the same time, we will see whether several large Chinese-funded consortiums will sweep Li Chaoren and others out of the Xiangjiang market.

The third opinion is to completely turn against Li Chaoren and others, and at the same time suppress their industries to make them pay the price. We must let the outside world know that our association does not just come and go when it wants.

Now let me talk about my opinion. Everyone knows that we have cooperated with the Rose Consortium on a large scale, and the relationship between the Rose Consortium and the Donghua Society is still relatively friendly.

As long as we don't provoke Donghuahui, Li Jianhui and others are unlikely to take action against us.

Because of the north, even if Li Jianhui targets Xinhonghui, Xinyahui and even Li Chaoren, he will not target us on a large scale. Donghuahui needs our presence so that they can be stable in Xiangjiang.

Therefore, the hostility towards Donghua will be maintained, and I think it can be put aside temporarily. Although our influence is not as good as before because of Donghua, this does not prevent the rapid increase of our assets. There is no need to provoke Donghua to suppress it because of some face.

Regarding Li Chaoren and others, I think we must respond resolutely, otherwise the cohesion of our association will be completely disintegrated, all walks of life will look down on us, and there will be no elites joining us in the future.

At the same time, I suggest that we should learn from the Tung Wah Association, and major companies continue to increase mutual financing and holdings, so that our interests can be tied together. Only in this way, similar things will not happen again. "

Kadoorie, chairman of the board of CLP Power, because of the merger of Heung Kong Electric and the financing of the Rose Consortium, this year is also full of glory.

Because the market value of Xiangjiang Power, which he is at the helm, is second only to HSBC in the Nanjiang Club, which also greatly increases its voice in the Nanjiang Club. Although it is not the chairman and vice-chairman, it has already ranked first among the executive directors.

This time, Li Chaoren and others set up their own business, so he is likely to be replaced as the vice president to further enhance his status in the Nanjiang Association.

As for the chairman, he doesn't want to think about it for the time being. There are so many British-funded enterprises, and the market value of HSBC far exceeds that of Heungkong Power, which he controls. As a descendant of Iraq, he cannot take the position of chairman.

Even if his ancestors were Jewish, it doesn’t matter. After Li Chaoren and others left, Nanjiang Society’s people are mainly Anglo-Saxons. At the beginning of this association, it was dominated by British-funded enterprises, and its president could only be HSBC Taipan. Or Jardine, Swire Taipan.

Therefore, when it was his turn to speak, he seemed to be much more low-key, just to show that more energy should be spent on industrial development at present, and to avoid large-scale battles with Donghua as much as possible.

As for Li Chaoren and others who are self-reliant, there is no need to comprehensively target them. It is enough to concentrate their firepower to take down a company of the other party and play the role of knocking mountains and shaking tigers.

……

After arguing and arguing for nearly two hours, they finally came up with a more feasible plan. First of all, HSBC Standard Chartered will no longer provide financial support to Li Chaoren and others, and these people's industrial loans will be recovered immediately once they expire.

As for the enterprise, Shi Huaiya and others chose Luo Yingshi's industry. Among Li Chaoren's major cores, the Luo family's industry has the most problems.

Moreover, the next generation of the Luo family is not very united. As long as it is done properly, Shi Huaiya and others believe that it is entirely possible for the Great Eagle Group to be relocated.

In the stock market, HSBC, Standard Chartered, etc. are also preparing to make a move. This time Li Chaoren and others bought Xianghua Bank and paid cash and silver for nothing.

These people are not Li Jianhui, and they don't have that much cash in their hands. If they want to raise such a huge sum of money, besides bank loans, the best way is stock market financing.

However, although this solves the funding problem, an inevitable problem is the reduction in the proportion of shares in the company.

Maybe you still own more than 35% of the shares, and you are not too worried about being forced to take over, but it may not be absolutely safe, especially if the other party's purpose is only to suppress the stock price, it is likely to be tossed miserably.

(End of this chapter)