The Wealth Empire Crossing the Hong Kong

Chapter 644 Lin Yiming's Proposal
Just when the Hong Kong local financial conference was about to be held, a number of news that shocked the financial structure of Hong Kong suddenly broke out in the financial circles of Hong Kong.

Far East Bank merged and acquired Asian Commercial Bank, which will form New Asia Bank and become the industrial financial center of New Asia Association.

Once the two major banks complete the merger, New Asia Bank will surpass many banks in terms of strength, ranking sixth after HSBC, Xinjian, East Asia, K. Wah, and Dao Heng.

The Nanjiang Association is also unwilling to be lonely. Nanjiang Bank merged with Hang Lung Bank. The new bank is still named after Nanjiang, and its strength has also soared. Once it is completed, it will only rank behind New Asia Bank.

Compared with these two mergers and acquisitions, another piece of news is even more shocking. Several families of the Nanyang Club have jointly acquired Standard Chartered Hong Kong.

Since then, Standard Chartered Hong Kong has become independent from Standard Chartered Bank, and the business of Standard Chartered Bank in Greater China belongs to Standard Chartered Hong Kong, including the right to issue banknotes in Hong Kong dollars. It is also rumored that Standard Chartered Hong Kong intends to change its name to Hong Kong Bank.

All of a sudden, the financial structure of Xiangjiang has undergone tremendous changes. In Li Jianhui's office, Lin Yiming, president of Xinjian Bank, also proposed that Xinjian Bank can acquire Ka Wah Bank and Xingchuang Bank, so that the total market value of Xinjian Bank can surpass HSBC and Link Card. Buddha, becoming the largest listed company in Hong Kong, in order to ensure that Xinjian Bank can be foolproof in obtaining the right to issue banknotes in Hong Kong dollars.

It's a pity that Li Jianhui did not immediately agree to Lin Yiming's proposal. Among the local banks in Hong Kong, Xinjian Bank's total market value is second only to HSBC, with a total market value of more than 1700 billion Hong Kong dollars.

Ka Wah also ranks fourth, with the support of companies under Yuntao Holdings and Xingsha Holdings. Although the market value has not exceeded [-] billion Hong Kong dollars, it has reached nearly [-] billion Hong Kong dollars.

Since Xingchuang Bank is an industry of Lanfeng Holdings Group, its development here is relatively weak, and it ranks at the bottom of the crane of Xiangjiang Local Bank, but its market value is also several billion Hong Kong dollars.

At present, HSBC is the second largest listed company in Hong Kong and the largest listed bank in Hong Kong, with a total market value of more than [-] billion Hong Kong dollars.

Once Xinjian Bank merges with Jiahua and Xingchuang, the total market value will immediately become the number one listed company in Hong Kong, even Lane Crawford, which currently ranks first, will be far behind.

It’s just that Li Jianhui doesn’t want to merge several big banks together. At present, Xinjian Bank has the support of Xinjian Holdings’ companies and many independent companies. Relying on the merger and acquisition of the internal enterprises of the Xinjian Department to become stronger.

Li Jianhui is not unaware of the emergence of New Asia Bank, and Nanjiang Bank's acquisition of Hang Lung Bank, mainly for the right to issue banknotes in Hong Kong dollars.

But he was not too worried about it. In terms of overall strength, even if New Asia Bank merged with Nanjiang Bank and Sun Hung Kai Bank, it would not be able to compare with Xinjian Bank, not to mention that these three belonged to three parties, and it was impossible to merge.

Compared with local financial support, Xinjian Bank has the full support of several major institutions such as East Asia, Daoheng, and Yongan. Even if the other parties join forces, Li Jianhui will not be too worried.

And then again, if it is really attacked, it will be the same whether Xinjian Bank merges with Jiahua Bank and Xingchuang Bank. After all, HSBC already has the right to issue banknotes.

In the ranking of the total market capitalization of Hong Kong's local banks, apart from HSBC, Xinjian Bank ranked first.

"Ni Ming, what you need to do now is to maintain the continuous development of Xinjian Bank, especially the continuous development of the external market.

As for the right to issue banknotes in Hong Kong dollars, you don't have to worry too much, I will take charge of this aspect personally.

As for the merger of Ka Wah Bank and Xingchuang Bank, don’t mention it too much. Xingchuang Bank is the bridgehead for Lanfeng Holdings to enter the Greater China market, and it is impossible to merge.

I believe you are also aware of the history of Ka Wah Bank. Before making it an independent company, the top executives of the two major holdings, Yuntao and Xingsha, had quite some opinions.

If Xinjian Bank is to be merged this time, I am afraid that the executives of the two major holding groups and Ka Wah Bank will collectively block the door of your office.

And you should know the meaning of Ka Wah Bank. Lanfeng, Nanlong, Huaying, and Quanyuan have banks. These two holdings cannot live without banks. Ka Wah Bank is the financial holding company of Yuntao and Xingsha. center. "

How could Lin Yiming not understand the significance of Ka Wah Bank to the two major holdings of Yuntao and Xingsha? It was only this time that he was a little anxious after seeing the actions of all parties.

At the same time, he also has some ambitions in his heart. He is not satisfied with just being the director and vice president of Xinjian Holdings Group, the chairman of the board of directors of Xinjian Bank.

Especially now that the Xinjian Department has begun to enter the northern market on a large scale. Considering the huge market in the north, the members of the executive team will inevitably increase again. He also wants to take this opportunity to make Xinjian Bank the largest listed company in Xiangjiang, so that he can enter the executive team The chances are undoubtedly much greater.

He even thought about it. After the merger of Ka Wah Bank, Du Ningxue, the chairman of the board of directors of Ka Wah Bank, will be the vice chairman and executive vice president of Xinjian Bank. Once he becomes a member of the executive team, Du Ningxue will be able to take over. Manage Xinjian Bank affairs.

Of course, there are more than that in his heart. Seriously speaking, Du Ningxue is higher than him regardless of his qualifications or status in the Xinjian Department. In the future, Du Ningxue will also be one of his main competitors when he joins the executive team .

If Ka Wah Bank is merged this time, considering that he is currently the president of Xinjian Bank, Du Ningxue will only be able to take the position of executive vice president temporarily, and Du Ningxue will also be disqualified from entering the executive team competition in the future.

Li Jianhui doesn't care about Lin Yiming's inner calculations, and in Li Jianhui's mind, Lin Yiming has never been a candidate for the executive team.

This is also because Lin Yiming was too blind in his heart. He thought that becoming the president of Xinjian Bank was only one step away from being a member of the executive team, but he did not consider his qualifications in the Xinjian Department.

As for the ability, Lin Yiming can't be the top. There are many people who are better than him, and there are quite a few people who are quite capable. Moreover, these people have deep qualifications. When he was the vice president of Xinjian Bank, he could not Few of them are already group presidents.

Moreover, the northern market is no better than other markets. Here, Li Jianhui is not very good at arranging high-level managers who are mainly engaged in financial and bank management to be responsible for the affairs of the Xinjian Department.

Lin Yiming, who returned disappointed, can only focus on the expansion of foreign markets, especially in the markets of Taiwan, ASEAN and the Commonwealth of Nations.

Since the road to mergers and acquisitions is not feasible, he can only rely on his own development to make Xinjian Bank the top of the largest listed company in Hong Kong, and at the same time make Xinjian Bank the largest bank in Hong Kong.

Li Jianhui stood still, but other members of the Donghua Society were not so calm. Li Guobao, Lei Juekun, Zhang Guangwen, Feng Jingyao, Guo Zhiquan and others called one after another to ask Li Jianhui's opinion.

He also suggested that the Xiangjiang members of the Tung Wah Association have dinner at the Xinhui Hotel in the evening, and at the same time discuss how to deal with the actions of all parties.

(End of this chapter)