Through the wealth life

Chapter 839 Supporting the Lee Consortium

Chapter 839 Supporting the Lee Consortium
After more than a month, Li Guangyu returned to Hong Kong on June 6 after his trip to Western Europe.

During this period, besides Paris, Li Guangyu also visited West Germany, Italy, Spain and Portugal.

Apart from Paris, Italy is Li Guangyu's other key investment area. At present, Bentley Group and Peugeot Group have made substantial progress in the acquisition of Maserati. It is believed that Bentley Group will be able to acquire Maserati in a short time.

The Maserati brand and manufacturing company are located in Italy, which is one of the reasons why Li Guangyu attaches great importance to the Italian market.

Italy still has a relatively large influence in Western Europe. As one of the three major powers in Western Europe, Li Guangyu is still very optimistic about some things in Italy, such as Maserati just acquired, Ferrari in China, and high-end clothing groups in Italy.

Thanks to the concession of the Lee Consortium, the consent of the British government, and the support of the Governor's Office, Hong Kong Bank successfully obtained the right to issue banknotes in Hong Kong dollars.

This is a major victory for Hong Kong Huazi Bank. For hundreds of years, Hong Kong Financial Bank has been suppressed by HSBC and Standard Chartered. Even with the strong rise of Tianyu Bank, it is difficult to shake their position without the right to issue banknotes in Hong Kong dollars.

Now there is finally a bank that can sit on an equal footing with HSBC and Standard Chartered in Hong Kong. In the future, Chinese capital will have more say and initiative in the development of Hong Kong Financial.

Now the citizens of Xiangjiang are waiting for the listing of Xiangjiang Bank, so that they can buy some shares of Xiangjiang Bank. Behind this bank, there are more than a dozen families of Xiangjiang as shareholders, and the Li family consortium is behind it as support. The future development of this bank is limitless.

Now the Xiangjiang stock market has been in turmoil, and investors don't know which stock to buy. Now that Xiangjiang Bank is about to go public, this allows them to find a safe investment target.

On the evening of his arrival in Xiangjiang, Li Guangyu discussed with Li Ka-shing, Zheng Yutong and others about the listing of Xiangjiang Bank.

Wing Hang Bank received several capital injections from Li Guangyu and the others, coupled with two times of profits in the stock market, and last year's gains in the Hong Kong dollar exchange rate, the market value of Wing Hang Bank has already reached a rather terrifying figure.

According to the joint accounting of Zhou Xiaoning and the financial directors of the three investment companies of Heung Kong China Investment, Ho Investment, and New Asia, the market value of Wing Hang Bank is 186 billion Hong Kong dollars. In the stock market, this data is only lower than HSBC and Standard Chartered.

As for Tianyu Bank, since it is not listed, it is not included in the comparison here.

Even the current market value of Bank of East Asia in the stock market is only more than 76 billion Hong Kong dollars, and the market value of Hong Kong Asian Commercial Bank is only more than 62 billion Hong Kong dollars, which is far from being comparable to Hong Kong Bank.

The reason for this situation is that both Li Guobao and Chen Youqing entered the market with their own funds in the stock market these few times, and they did not enter the market with bank funds, and the profits naturally belonged to themselves.

In the Hong Kong dollar exchange rate, the two major banks did not make any profits, which caused the market value of the two major banks to not increase much.

This time Li Guangyu and the others are going to spend 20% of the bank to go public, and the market makers are several major banks. They have their own departments to do this business, so naturally they don't need to give up the profits to other companies.

After this listing, Xiangjiang Zhonghua Investment Company still holds 24% of the shares, Li Guangyu Tianyu Financial Group and Xinya Investment Company each hold 16% of the shares, Feng Jingyao himself and Ho Investment Company each hold 12% of the shares.

In the box, everyone has no objection to the listing, especially these families, they all know that the reason why Hongkong Bank has such a market value, this time the right to issue Hong Kong dollar banknotes has given the bank a lot of points, and this is mainly due to Li Guangyu obtained such rights.

Feng Jingxi said to Li Guangyu: "Guangyu, we also know that you have used a lot of funds this time. Now it is estimated that your funds are quite tight. We, the four major banks of Heung Kong, New Asia, Heung Kong Asia Commercial and Sun Hung Kai, will jointly provide you with 20 billion U.S. dollars. loan for your next expansion.”

When the Lee consortium decided to allow Hong Kong Bank to obtain the right to issue banknotes in Hong Kong dollars, Feng Jingxi, Zheng Yutong, Li Guobao and others negotiated to give Li Guangyu some support in terms of funds.

They knew that Li Guangyu had already borrowed 30 billion US dollars from Tianyu Bank, and they knew Li Guangyu's character very well. If he hadn't really run out of money, he would not have taken the loan.

In addition, the Lee Consortium is still expanding on a large scale and needs a huge amount of funds. This time, several of their major banks jointly loaned Li Guangyu 20 billion U.S. dollars. Secondly, I also hope that the Lee Consortium can develop steadily.

They are very clear that now everyone is united as one, and one is prosperous and the other is damaged. The stronger the Li's consortium develops, the more benefits each of them can follow behind.

Li Guangyu's funds are indeed a little tight now, and all major groups are accelerating their expansion. He did not refuse the proposal of Feng Jingxi and others.

Moreover, the loan interest given by the major banks this time is very low, which is on par with Xiangjiang's current interest in saving money. The major banks are equivalent to self-subsidized labor.

Li Guangyu said: "Thanks to my uncles for their help. This year I have indeed taken a big step. Last year I was planning to cultivate myself this year. But this time in England, I suddenly had such an opportunity. I really can't bear to let it go." .”

Feng Jingxi and Zheng Yutong both spoke to thank Li Guangyu for the rights and interests he won for Heung Kong Bank. If there is still a shortage of funds for the Li consortium in the future, they will find ways to help.

As Li Guangyu's father-in-law, Cao Wenjin said to Li Guangyu: "Guangyu, your development this year is indeed a little radical. All major groups are building their own headquarters buildings. In addition, the investment in this trip to Western Europe will require a huge amount of money." You still need to be more cautious. The slow development of the group is not terrible, but you are afraid that your funds will be tempered. You should know that once the forces in other regions want to attack our Xiangjiang Huazi family, you will be their target. "

Li Guangyu is also aware of the situation he is facing now. This time it is mainly due to his strategic layout problems at the beginning of the year. At the beginning, he planned not to carry out large-scale expansion this year. The major groups do not need to allocate funds on a large scale, so that they can stabilize their foundation , and the current land price in Xiangjiang is cheap, so Li Guangyu agreed to establish the headquarters of the major groups. Anyway, the major groups build with their own funds, and they don't need Li Guangyu's support.

As a result, when Li Guangyu needed funds for his trip to Western Europe, he couldn't transfer them from various groups. He could only use his own funds and loans from Tianyu Financial Group.

This time, he originally planned to transfer the semi-annual profits of Hengyu Supermarket Group, Xingyu Game Group and Xiangyu Cultural Group in early July to cope with the next development.

Now that he has the support of these big banks, he doesn't need to transfer funds from these big groups.

After all, these major groups also want to carry out stable group development, and some plans are already in place. If Li Guangyu withdraws, it may have a certain impact on their development.

Li Guangyu said: "Father-in-law, don't worry, I have the bottom line here, I believe the situation will change in a short time, and then I will no longer be short of development funds."

……

(End of this chapter)

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