Huayu since 1980

Chapter 559 Continuous Fermentation (Thanks to the leader of Jiuyou o for the reward!)
HSBC's position in Xiangjiang is like the Federal Reserve's position in the United States. It has always been a giant in Xiangjiang. When Li Chaoren was able to win Hutchison like a snake, it was because of the help of HSBC, and Bao The reason why the ship king was able to become the charter king was also helped by HSBC. Later, the charter king abandoned the ship and landed, and acquired Wharf in the hands of Jardine was also helped by HSBC.

It can be said that HSBC affects the entire economic context of Xiangjiang!
It is also because HSBC is behind the connection, Ma Tingqiang, Hu Cheng and others will attack Wu Jianye unscrupulously.

Hu Qiang said: "Half of the advertisements in the newspapers of yours and mine are products of companies under Yiwang Group and Yaoguang Group and products of companies that have a cooperative relationship with them. If the other party really wants to deal with us If so, why not stop the advertising agreement with us?"

Ma Tingqiang analyzed: "Isn't this simple? If Yiwang Group and Yaoguang Group really choose to terminate the advertising agreement with us, then he will offend the entire Newspaper Association. If they publish their advertisements, the loss to them will be even greater, not to mention, Wu Jianye may still think that he can buy us at this time, so naturally he will not choose to terminate the contract!"

Hu Qiang admitted that what Ma Tingqiang said was reasonable, but she always felt that something was wrong, even if all Wu Jianye's counterattacks were expected now, after experiencing yesterday's joy, Hu Qiang has been studying the Yaoguang Group And Yiwang Group's development history in Xiangjiang.

She will not be like ordinary people think, the development of these two consortiums is pure luck against the sky, and the development of the group to this point cannot be explained by ordinary luck.

Coupled with Wu Jianye's performance in Xiangjiang in the past, it was enough to make her think that Wu Jianye would not only have this trick!
The unknown is the most terrifying!

However, this does not dispel Hu Qiang's idea of ​​attacking Wu Jianye. Although she failed to guess Wu Jianye's real plan, as Ma Tingqiang said, HSBC's status in Xiangjiang is too high. With HSBC backing it, it has sufficient confidence in Hu Qiang.

When buying Yulang International, why did you lose to Yiwang Group? Wasn't it because you didn't have enough funds in your hands?

With the support of HSBC, Hu Qiang believes that with her own ability, Sing Tao Press will become a super group in the future!

Located on the top floor of the HSBC Building in Central!

Powell, who succeeded Shen Bi as the head class of HSBC, sat at his desk, his hair was already graying, and he was very energetic.

Prowess's predecessor, Shen Bi, was known as the most successful tycoon of HSBC and a world-renowned banker. Now that Prowess is succeeding Shen Bi, one can imagine the pressure in his heart.

Since taking office, Powell has regarded Shen Bi as his biggest goal. He wants to replace Shen Bi as the most successful taipan of Hong Kong HSBC.

If this goal is to be achieved, then HSBC must have greater achievements in its own hands. When Shen Bi was in office, he planned and deployed HSBC's internationalization strategy, planning to establish strategic strongholds in America and Europe outside Asia. Form the strategic layout of the so-called 'three-legged stool'.

HSBC's expansion to the Americas has gone smoothly.

In 1978, HSBC reached an agreement with Ocean Miran Bank of America to purchase a 3.41% stake in the bank at a price of US$51 million. Ocean Miran Bank was also renamed Haifeng Bank.

At the end of 1987, HSBC spent another US$7.7 million to acquire the remaining 49% equity of Haifeng Bank, making it a wholly-owned subsidiary of HSBC in North America.

海丰银行是美国No.13大银行，1979年总资产达172亿美元， 1981年完成收购时总资产增至255亿美元。

Headquartered in Buffalo, upstate New York, Haifeng Bank has more than 300 branches, an extensive business network in New York State, and a leading position in commercial banking.After HSBC acquired Haifeng Bank, it undoubtedly established a bridgehead for further expansion in North America.

However, at that time, Haifeng Bank suffered losses for successive years, and HSBC had to inject capital into Haifeng Bank many times.

Just after HSBC successfully acquired 51% equity of Haifeng Bank, Shen Bi was about to turn his attention to Europe, especially England. On March 1981, 3, Standard Chartered Bank of England put forward a proposal for a full acquisition of Royal Bank of Scotland. HSBC immediately intervened. Standard Chartered Bank launched a fierce competition. This campaign can be said to be the outpost and prelude of HSBC's acquisition of Midland Bank.

The reason why it is said to be the outpost and prelude of the acquisition of Midland Bank is that HSBC did not succeed in acquiring the Royal Bank of Scotland. Due to the strong xenophobic sentiment of the Scots, the acquisition of HSBC failed. The first confrontation on the international battlefield.

Then HSBC set its sights on another bank in England, which was Midland Bank.

Midland Bank is also a well-known bank in England, even more famous than the Royal Bank of Scotland. It is one of the four largest settlement banks in England, ranking third in terms of asset value and fourth in terms of number of branches!
It is also very difficult to acquire Midland Bank, so the most important acquisition for HSBC during Shen Bi's tenure was not completed, but waited until the second year after Shen Bi retired, HSBC only spent 3 million pounds (approximately HK$83 billion) to purchase a 56% stake in Midland Bank at a high price of 475 pence per share (at that time, Miterdang’s stock price was 350 pence per share, a premium of 90%). And appointed two directors to join the board of directors of Bank of Midland, taking the most important step in the journey of acquiring Bank of Midland.

The two banks reached an agreement that HSBC could not change its equity in Midland Bank in the next three years, and the final completion price of its acquisition was based on the net asset value of Midland Bank in that year.

Although this acquisition was completed under the auspices of Prowess, the deployment of this strategy has always been done by Shen Bi, so when outsiders talk about this matter, they will give more credit to Shen Bi. on the head, not Brevis.

Pu Weishi naturally has some thoughts on this, and also wants to make some important breakthroughs when he takes office.

Just after the news of Yiwang Group's acquisition of shares in Standard Chartered Bank came out, Pu Weiss thought that this might be an opportunity for him, so he has been paying attention to the situation of Standard Chartered Bank.

Unlike HSBC Bank, which is a public company, and the executives of the bank are also elected by shareholders, Standard Chartered Bank has always been a company owned by the Henderson family. A lot of work, as outsiders have been speculating, why did HSBC choose to make a move at this time, it was because
Ryan Henderson was sitting in Brewers' office at this time.

"If you can let me return to the position of chairman of Standard Chartered Bank, Standard Chartered Bank is willing to become the same existence as Hang Seng Bank!"

　Special thanks to the leader of 'Jiuyou o' for the reward, adding more will be put tomorrow, it is a big chapter, thank you very much, this is the first reward from the leader of the book friend in Huangshan at the starting point, I am very excited!Thanks! ! ! ! !

　　
　
(End of this chapter)