We're building a super chaebol in Hong Kong

“By the way, Mr. Su, you don't visit a temple without a reason. This time, there must be something important you want to discuss with me, right?” Shen Bi quickly got straight to the point.

“Yes, Mr. Shen Bi, I specifically came to talk to you about something. Do you know about the Morey Fund?” Su Cheng said with a smile.

“I know, of course, I know. The Morey Fund is one of the top ten shareholders of our HSBC Bank and also a non-executive director. They own 3.58% of HSBC Bank's shares and have held them for more than five years. They are one of the important shareholders of our HSBC Bank. What's the matter?” Shen Bi asked in surprise.

“They contacted me and said they wanted to sell their HSBC Bank shares to me. I thought about it and felt that as a member of the HSBC Bank board, since I have the ability to take over the shares in their hands, and I am quite optimistic about HSBC Bank, then I should take them over. In my opinion, HSBC Bank is a company with very good prospects, and buying it won't be a loss. I am here today for this matter, and it can be considered a notification to you.” Su Cheng readily revealed the matter.

Anyway, HSBC Bank will know about this soon. Telling them in advance makes Su Cheng seem open and aboveboard.

This is also to better conceal his secret acquisition of HSBC Bank.

“If Mr. Su takes over the shares of the Morey Fund, then the shares you hold will reach 4.58%, making you one of the top five shareholders of HSBC Bank. Mr. Su's emphasis on HSBC Bank is also a good thing for us.” Shen Bi seemed pleasantly surprised after hearing Su Cheng's words.

Moreover, it was clear from his tone that Shen Bi strongly supported Su Cheng's increase in HSBC Bank shares.

After all, this is equivalent to Su Cheng being tied to HSBC Bank.

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

Moreover, the tighter the bond, the better.

Of course, this is because Shen Bi is not aware of Su Cheng's ambition.

If he knew that Su Cheng planned to secretly control HSBC Bank, then his thinking would not be the same as it is now.

After all, in Shen Bi's mind, HSBC Bank is an English-funded enterprise no matter what. As a member of the English-funded consortium, he certainly does not want to see the English-funded enterprise he manages become a Chinese-funded enterprise.

HSBC Bank is different from Hutchison Whampoa. Even if Hutchison Whampoa is one of the four major foreign firms, it is not their direct enterprise.

In their view, their control of HSBC Bank is equivalent to controlling Xiangjiang's financial system, and Xiangjiang's economic lifeline is still in their hands.

Shen Bi did not think there was anything wrong with Hutchison Whampoa being acquired by Chinese capital. Moreover, they specifically sought someone with a Chinese background to take over Hutchison Whampoa, because Xiangjiang's future prospects were uncertain. At this time, cultivating a strong Chinese ally through Hutchison Whampoa would be of great benefit to HSBC Bank.

It's just that he never expected that after acquiring Hutchison Whampoa, Su Cheng would reach the point of being the world's richest man, which has far exceeded their control.

Later, they wanted to borrow money in the form of stock collateral. After evaluation, we decided that we could lend them 150 million pounds, but they needed to pledge all of the 3.58% of the shares to the group. As a result, they refused us this time.

According to their submitted wishes, the collateral must be at least more than 200 million pounds, but we will naturally not agree, because we have already figured out the details of the Morey Fund. Many of their funds are trapped in the Frankfurt stock market. In the current situation, it will be difficult for them to get out of the Frankfurt stock market without losing money for a long time.

The overall price of the Frankfurt stocks they hold has already fallen by 20% from when they bought them. This is still the market price. The amount of stocks they hold is very large. At this time, no one will take over from them, even if they are willing to take over, they will buy them at a lower price, so that they will lose even more.

So, if nothing unexpected happens, they will definitely not have enough funds to repay the loan when it is due. In this case, the shares pledged to us are equivalent to being sold to us, and our HSBC Bank does not intend to recover the shares in the name of the company, so in the end, we did not reach a loan agreement.

At that time, I thought that they would eventually have to find a buyer to acquire their HSBC Bank shares, but it is not easy to find a suitable buyer in a short period of time, after all, the transaction involves too much money, more than 200 million pounds. At this time, no consortium is willing to take it out. I didn't expect that they would find you, Mr. Su.”

Shen Bi was not surprised at all that the Morey Fund was selling shares.

After all, the Morey Fund has reached this point, and they can only sell HSBC Bank's stocks, which are performing well, to recover some funds to tide them over the difficulties temporarily.

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

But thinking about it, Su Cheng is one of the few consortia that can come up with 200 million pounds at this time.

Being able to contact Su Cheng can also be regarded as the ability of the Morey Fund.

“I also didn’t expect that when they contacted me, I was still a little strange. I didn’t know the situation of the Morey Fund, because I didn’t know this company itself. Later, after I asked someone to investigate, I learned about their situation.” Su Cheng said honestly.

He did not intend to show a strong desire to acquire HSBC Bank shares, but rather showed them that all of this was just a coincidence, so as not to make these British consortia feel worried about his increase in HSBC Bank shares.

“As the chairman of the board of directors of HSBC Bank, I wholeheartedly approve of Mr. Su’s willingness to take over their shares. The more shares Mr. Su holds in our HSBC Bank, I believe the other shareholders of HSBC Bank will be happier.” Shen Bi continued to say.