Chapter 1025 - Tens of billions of assets to pledge?

"Norman, let's talk to my office. ”

Sensing that the atmosphere was a little awkward, and it was not a matter to stay here, Shen Bi immediately proposed to Norman Shi Yahuai.

Norman Shi Yahuai immediately followed Shen Bi's words and responded: "Okay, listen to your arrangement." ”

Subsequently, Shen Bi sent the other subordinates involved in the negotiation away, and then took Norman Shi Yahuai to his office, where Norman Shi Yahuai's bodyguards and assistants were guarding the door.

Seeing that no one else was present, Norman Shi Yahuai immediately said: "Michael, you must not sell the equity of my company to Jiuding Securities Company this time!"

In order to increase the persuasiveness, he forcibly explained: "As Jiuding Bank becomes stronger and stronger, it has serious competition with HSBC, and Standard Chartered Bank is also biased towards the Jiuding consortium. ”

"If you think about the past Hutchison Whampoa and Jardine Matheson Consortium, they were originally super big customers of HSBC, but after being swallowed up by the Chinese-funded consortium led by the Jiuding Consortium, the business with HSBC was basically broken, and it was not because I didn't want to break it, but because the contract time had not arrived, it was a matter of time before it was broken, even if I was an outsider, I also knew that HSBC's business volume had been greatly affected. ”

"If my Swire Group is also taken away by the Jiuding consortium this time, then for HSBC, the loss is irreversible and unbearable. ”

Although he knew that what Norman Shi Yahuai said was the truth, Shen Bi was not stupid and would not let HSBC suffer huge losses because of this.

It's just a show, the basic skills of the workplace, who wouldn't know?

Shen Bi said with a disapproving expression: "Norman, what you said is the real situation, I know all this, and I am also old friends with you, so I interrupted the bidding between you just now, if it is someone else, I will definitely wish that you would continue to bid between you, the higher the price, the better!"

Norman Shi Yahuai looked grateful and said "thank you".

Shen Bi sighed and continued: "But you also know that I have the final say in Xiangjiang HSBC, but I still have a parent company above me, we can take into account these far-reaching effects, it's hard to say whether the parent company will only have the pound in its eyes." ”

"You have already opened a premium of 200% just now, and I am not the only one present, the news can no longer be blocked, and it may reach London tomorrow. ”

"My space has become smaller, and this is still the case where I interrupted you in time to continue bidding, even if I want to take care of you, I can't take care of too much, otherwise the parent company will definitely intervene. ”

Norman Shi Yahuai couldn't tell whether what Shen Bi said was true or false for a while, but he didn't have time to tell at this time, because he suddenly woke up, and there was more important information to confirm with Shen Bi first.

Last time, Cathay Pacific Airways and Xiangjiang Aircraft Engineering Company were taken away by the Jiuding consortium, although there is a relationship with the Song family, but HSBC also has a responsibility that cannot be escaped, if it is not for the last time HSBC's parent company forcibly took away the equity, maybe now he is still fighting with the Jiuding consortium in the aviation field!

He hurriedly asked: "Michael, now the equity of my other companies is still with you, don't tell me that your parent company has transferred the equity again." ”

After speaking, Norman Shi Yahuai looked at Shen Bi nervously.

Shen Bi shook his head with a smile and comforted: "Norman, this time you can rest assured that the parent company has not interfered again, and the equity is still with me." ”

Norman Shi Yahuai breathed a sigh of relief: "What a happy news. ”

"Michael, since the equity is here, then you must sell it to me!" he solemnly pleaded to Shen Bi.

Shen Bi looked embarrassed and explained: "Norman, you have been watching just now, I have promised Yuan Tianfan of Jiuding Securities Company, as long as I think about it, I will definitely inform them." ”

"If I sell the equity directly to you, then I will lose my trust, and I will also offend Jiuding Securities Company, and the nature will change. ”

"You should know that HSBC and Jiuding Securities Company have always had a cooperative relationship, and Dingfeng Securities Company is a company we jointly own, and it is now developing very well in the securities field. ”

Norman Shi Yahuai was anxious, and seriously suspected that Shen Bi was just trying to sell it for a higher price.

It's no wonder that he doubted Shen Bi with a sinister mind, after all, every ten percent of the premium can be one or two hundred million Hong Kong dollars, which is not a small amount!

If he really wants to bid with Jiuding Securities Company again, with the attitude that Yuan Tianfan showed just now, he has no confidence in his heart, and there is just endless pressure.

Therefore, no matter what, whatever you say today will make Shen Bi completely fall to him.

"Michael, according to the price I just offered, until the close of this afternoon, all the shares are at a premium of 200 percent, and the shares are sold to me, I have kept the Swire Group, and the relationship with HSBC will always exist, and it will get better and better, and in ten years, twenty years, thirty years, HSBC will be able to make huge profits. ”

"If you sell your equity to Jiuding Securities, according to the Chinese people, you will sell the hen that will lay golden eggs, and it will be Jiuding Bank that will grow, and the loss of the business volume of the Swire Group will make HSBC suffer immeasurable losses. ”

Shen Bi was silent for a moment, and then suddenly asked: "Norman, according to the price you just offered, it is a premium of 200%, and you can pay it in cash in full, can you do it?"

Norman Shi Yahuai was speechless.

Seeing Norman Shi Yahuai's expression, Shen Bi smiled clearly, he knew that Norman Shi Yahuai would definitely not be able to take it out, just now he was just bidding with Yuan Tianfan, if he didn't stop it, Norman Shi Yahuai wouldn't want to step down.

Seeing Shen Bi's smile, although Norman Shi Yahuai was very embarrassed, he still cheekily quibbled: "Michael, although I can't come up with cash, I can use my assets to mortgage HSBC and replace them." ”

"In this case, the Swire group will be completely tied to the chariot of HSBC, and the volume of business between us will skyrocket, and HSBC will earn no small amount of interest from it every year. ”

Shen Bi smiled undeniably, and didn't say that he disagreed, but said with a light smile: "Norman, with the equity value of the companies of the Swire Group family held by HSBC now, if you want to take out the equity mortgage of other companies, you have to take out at least 10 billion worth of equity to pledge, are you sure you can take out so much?"

Norman Shi Yahuai's expression froze suddenly, and after a while, his face twitched.

He had to admit that what Shen Bi said was not wrong at all, but because of this, he didn't know what to do for a while.

A conservative estimate of HSBC's stake in a family of companies in the Swire group is worth HK$1.5 billion, so the premium of 200 percent is HK$4.5 billion.

Banks are reluctant to lend like this, after all, the risk is too high.

Even if you are willing to lend, the general loan amount is 30% or 40%, so if you want to borrow 4.5 billion Hong Kong dollars, you really need to pledge the company's shares worth tens of billions.

Even if he talked about the capped 50% pledge rate, he would have to take out 9 billion Hong Kong dollars worth of company shares to pledge.

Zooming in to the entire Swire Consortium, it can still be taken out, but it is also about to reach its limit.

But this is difficult to operate, because the assets of the loan belong to the various groups and companies of the Swire Group, and the money from the loan to repurchase the equity belongs to all shareholders and has to be apportioned according to the proportion of shareholdings, and does not belong to the parent company or the Shi Yahuai family fund, which is making a wedding dress for others.

What can achieve his goal is to pledge the assets held by the Shi Yahuai family, and the shares bought with the loan belong to the Shi Yahuai family, so that the Shi Yahuai family can strengthen its control over the entire Swire Consortium.

However, the stocks held by the Shi Yahuai family fund, as well as the assets owned by the Shi Yahuai family, plus less than 10 billion Hong Kong dollars in the United Kingdom, some of these assets have been mortgaged.

So what he just said can't be done at all.

What's more, even if he hollows out all his assets and takes the equity held by HSBC, it is not enough to keep all the companies, and he has no funds, so he will have to lose!

Thinking of this, he had to abandon this mortgage strategy.

Stocks can be pledged, but not so simply.

The company wants to keep it, but in the current situation, the cost required is too high, and its own strength is limited, so it can only make trade-offs, and it is important to keep the core part.

Survival is the most important thing!

Thinking of this, Norman Shiya was ruthless and proposed a new plan to Shen Bi.

n.