We're building a super chaebol in Hong Kong

#31 - Prepare to reap a fortune

Based on the information obtained from Xiao Ai, Su Cheng felt that this deal should be successful.

Selwyn Jepson almost has absolute authority at HSBC. After so many years at HSBC, he has long been trusted by the senior management. His proposals are basically able to pass at board meetings.

Now that Selwyn Jepson has been persuaded, it is equivalent to more than half the battle being won. All that remains is for them to convene a board meeting to discuss it.

Although HSBC's headquarters are in Hong Kong, and most of its business and revenue also come from Hong Kong, their confidence in Hong Kong's future seems to be very strong, but they always have to prepare for the worst.

It can be seen from their move to go international that HSBC has begun to acquire foreign banks in recent years.

This situation will definitely require a lot of funds.

If they keep Hutchison Whampoa's stock, although there is still a lot of room for appreciation in the future, HSBC can't wait that long.

Moreover, nowadays, it is really too difficult to find a buyer who can come up with so much money at once.

There is no need to think about British companies. Many are planning to withdraw from Hong Kong. It would be good if they didn't withdraw their capital. It is impossible to expect them to spend a lot of money to buy Hutchison Whampoa.

"Since we have discussed the matter almost thoroughly today, everyone, we will go back first. I hope HSBC can give me news as soon as possible. I am waiting for your good news." Su Cheng said with a smile, looking at the time, it was already past 5 pm.

"Okay, then I won't keep you. Mr. Su, take care," Selwyn Jepson nodded and said.

Now that Su Cheng is leaving, he and Sir Yue-Kong Pao still have things to talk about. Today's matter was too sudden and needs to be sorted out.

"Okay, Mr. Jepson, Mr. Pao, let's chat again when we have time," Su Cheng said with a smile, and nodded specifically to Sir Yue-Kong Pao.

Next, Sir Yue-Kong Pao will naturally talk to Selwyn Jepson about the pros and cons of the transaction between the two.

Walking out of HSBC headquarters, Su Cheng said to Zhang Qizheng: "Let's go back to Tianyuan Building first and arrange the next work."

In three days, he will be flying to London, England. Before that, he has to arrange the work properly.

"Boss, then I will drive back to the company first," Zhang Qizheng nodded.

Back at the company, it was already six o'clock, and many employees began to leave work one after another.

Going directly to Zhang Qizheng's office, he had just returned not long ago.

"Have the CFO come over," Su Cheng said directly to Zhang Qizheng as soon as he entered the door.

"Okay, then I will call her office now," Zhang Qizheng nodded.

The CFO who can manage hundreds of millions of funds is naturally not simple.

About three minutes later, a Caucasian short-haired woman in her thirties came out of the elevator and walked directly into Zhang Qizheng's office. She seemed to exude the aura of a career woman all the time.

She is Helly Ivenie, the CFO of Tianyuan Investment Management Company. Four years ago, when the company's funds were increasing day by day, Su Cheng personally went to New York and hired her from a fund company with a high salary.

Sure enough, the money was well spent. Under her management, Tianyuan Investment Management Company's funds did not have a single messy account.

"Zhang, Boss, what can I do for you?" She said in fluent Hong Kong Cantonese.

Although Helly is American, she quickly fell in love with Hong Kong after coming here and learned Hong Kong Cantonese.

"Helly, please sit down first," Su Cheng said with a smile.

After she found a seat and sat down, Su Cheng asked again: "How much money does our company have in its account?"

"Boss, before you transferred HK$200 million last time, the company's account had about 18 million. Adding the 200 million, it is HK$218 million. Currently, 43 million has been spent on the stock market, leaving HK$175 million," Helly reported directly. As the CFO, she naturally knows these financial details very well.

"Leave HK$25 million in the company's account, and transfer the HK$150 million directly to my personal Barclays Bank account," Su Cheng arranged directly.

"Boss, are you going to London to speculate in stocks?" Zhang Qizheng was a little surprised.

Barclays Bank is one of the five largest banks in the UK, headquartered in London. Su Cheng is going there this time to facilitate spending money.

Although HSBC currently has a presence in the UK, its main business is not here, so Su Cheng does not intend to use HSBC.

Zhang Qizheng asked this because Su Cheng once led them to dominate the Hong Kong stock market, eventually turning the funds from HK$10 million to HK$500 million. It was at that time that Zhang Qizheng completely admired Su Cheng.

This is also because the scale of the Hong Kong stock market in this era is too small. In the end, Su Cheng stopped early, otherwise, the Hong Kong stock market might have collapsed because of this.

"This time it is not for stock speculation. I have other uses for the funds," Su Cheng shook his head and said.

The current international stock market is stable, and it is impossible to quickly harvest a lot of funds. Su Cheng has no interest in this at all.

The next wave of stock market harvesting will have to wait until September.

Because the second oil crisis broke out, leading to a weak US dollar exchange rate, increased inflationary pressure, fierce disputes in Congress over tax cut bills, and the Federal Reserve tightened monetary policy; in addition, the interest rate on short-term Treasury bonds was also higher than that on long-term Treasury bonds, resulting in a sharp drop in the stock market, which lasted from September 11 to October 31.

His trip to Europe this time is entirely for the World Cup, preparing to harvest a lot of funds.

The 1978 World Cup was held in Argentina, with the competition time from June 1 to June 25, and as the most numerous and developed gambling industry, the United Kingdom has become Su Cheng's destination.

Why not buy in Hong Kong? Because the odds are too small, he doesn't like it.

The last time, at the 1974 German World Cup, he made tens of millions, which almost made the Hong Kong gambling companies notice him.

This is also why he chose to go to London. Compared with the gambling companies in Hong Kong, the gambling companies in the UK not only have a large number, but also have a large scale of odds. Buying separately will reduce the possibility of being targeted.

In his previous life, when he read certain novels, he would win hundreds of billions in a gambling company at every turn, which was too exaggerated and impossible.

The final result is either being hacked to death, or being kidnapped and assassinated. As for the prize money, it is impossible to get it.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like