People in Hong Kong create super chaebols

"By the way, Mr. Su, you don't go to the Three Treasures Palace for anything. When you come here this time, you must have something important to tell me, right?" Shen Bi quickly got into the topic directly.

"Yes, Mr. Shen Bi, I did come here to tell you something. Do you know about Moli Fund Company?" Su Cheng said with a smile.

"I know, of course I know, Morley Fund Company is one of the ten largest shareholders of our Huifeng Bank and a non-executive director member of our Huifeng Bank. They own 3.58% of Huifeng Bank shares and have held them for more than five years. , is one of our important shareholders of Huifeng Bank, what's wrong?" Shen Bi asked in surprise.

"They contacted me and said they wanted to sell the Huifeng Bank stocks they held to me. I thought about it and felt that as a member of the board of directors of Huifeng Bank, since I have the ability to take over the stocks in his hands, I am more optimistic about Huifeng Bank. Then take it over. In my opinion, Huifeng Bank is a company with a very good future. It’s not a loss if you buy it. I’m here just for this matter, so I can inform you.” Su Cheng said happily. Speak out about it.

Anyway, Huifeng Bank will know about this soon. Telling it in advance will make Su Cheng appear aboveboard.

This was also to better hide his secret acquisition of Huifeng Bank.

"If Mr. Su acquires the shares of Mori Fund Company, the shares you control will reach 4.58%, and you will become one of the five largest shareholders of Huifeng Bank. Mr. Su attaches great importance to Huifeng Bank, which is also a good thing for us." Shen Bi seemed a little surprised after hearing Su Cheng's words.

Moreover, it is obvious from his tone that Shen Bi strongly supports Su Cheng's increase in Huifeng Bank's stock holdings.

After all, this is equivalent to tying Su City and Huifeng Bank together.

Being tied to the world's richest man is certainly good news for Huifeng Bank.

And, the tighter the tie, the better.

Of course, this is because Shen Bi doesn't know Su Cheng's ambitions.

If he knew that Su Cheng planned to secretly control Huifeng Bank, then his thoughts would not be what they are now.

After all, in Shen Bi's mind, Huifeng Bank is a British-funded enterprise anyway. As a member of the British-funded consortium, he is definitely not willing to watch the British-funded enterprise he manages become a Chinese-funded enterprise.

Huifeng Bank is different from Hutchison Whampoa. Even though Hutchison Whampoa is one of the four major foreign banks, it is not a direct company of them.

In their view, their control of Huifeng Bank is equivalent to controlling Hong Kong's financial system, and the economic artery of Hong Kong is still in their hands.

Hutchison Whampoa was acquired by Chinese capital. In Shen Bi's view, it was nothing. Moreover, they specifically found a person with a Chinese capital background for Hutchison Whampoa to take over. After all, the future prospects of Xiangjiang were unclear. At this time, through the training of Hutchison Whampoa Having a strong Chinese ally will be of great benefit to Huifeng Bank.

But he never expected that after acquiring Hutchison Whampoa, Sioux City would become the richest man in the world. This was far beyond their control.

Both Shen Bi and the consortium behind Huifeng Bank felt this was a very helpless matter. But they had no choice but to continue to show their goodwill towards Su Cheng.

"I didn't expect that someone would contact me to sell Huifeng Bank's shares. I happen to have a lot of cash on hand. After the acquisition, the relationship between me and Huifeng Bank will become even closer. "Su Cheng also said to Shen Bi with a smile.

"I received news that Morley Fund Company was in trouble some time ago. Their investment failed, causing most of the funds to be trapped in the stock market. Last week, they also applied for a credit loan from Huifeng Bank to tide over the difficulties. This time it was difficult, but the loan amount they wanted was too large, and after a board meeting, our board members ultimately voted to deny their loan application.

Later, they wanted to borrow money in the form of stock mortgages. After evaluation, we decided that we could lend them 1.5 million pounds, but they needed to mortgage all 3.58% of their stocks to the group. As a result, they rejected us this time.

According to their submitted wishes, the mortgage must exceed at least 200 million pounds, but naturally we will not agree because we have found out the details of Morley Fund Company. Many of their funds are trapped in the Frankfurt stock market. The situation is that for a long time it will be difficult for them to get out of the Frankfurt stock market without losing money.

At present, the overall price of Frankfurt stocks they control is already 20% lower than when they bought it. This is still the market price. The amount of stocks they control is very huge. At this time, no one will take the order from them, even if If they are willing to take over, they will do so at a lower price, which will make them lose more.

So if nothing else goes wrong, they will definitely not have enough funds to repay after maturity. In this way, the stocks mortgaged to us are equivalent to being sold to us, and our Huifeng Bank has not recovered the stocks in the name of the company. idea, so in the end we did not reach a loan contract.

I thought at that time that they would eventually have to find a buyer to acquire their Huifeng Bank shares. It was not easy to find a suitable buyer in a short time. After all, the funds involved in the transaction were too large, more than two No consortium is willing to come up with 100 million pounds of funds at this time. I didn’t expect that they would actually find you, Mr. Su. "

Shen Bi is not surprised at all about the sale of shares by Morley Fund Company.

After all, Mori Fund Company has come to this point, so it can only sell Huifeng Bank, a stock that has performed well, to withdraw funds to temporarily tide over the difficulties.

But what Shen Bi didn't expect was that they would contact Su Cheng directly.

But think about it, Sioux City is one of the few consortiums that can come up with 200 million pounds at this time.

Being able to contact Sioux City is also a skill of Mori Fund Company.

"I didn't expect that when they contacted me, I was still a little strange. I didn't know the situation of Morley Fund Company because I didn't know the company myself. I found out later after I found someone to investigate. Their situation." Su Cheng said honestly.

He did not intend to have a strong desire to acquire Huifeng Bank's stock performance, but showed them that all this was just a coincidence, so as not to worry the British consortium about his increase in Huifeng Bank's stock holdings.

"Mr. Su is willing to take over their stocks. As the chairman of the board of directors of Huifeng Bank, I wholeheartedly support it. The more shares Mr. Su holds in our Huifeng Bank, I believe other Huifeng Bank shareholders will be happier." Shen Bi continued. (End of chapter)