Chapter 524: Corporate Bonds

With the arrival of eight o'clock, the banquet officially began, and the helmsman of the Rong family, on behalf of CITIC Group, expressed his gratitude to the guests present today, and then introduced the history and development of CITIC Group to the visitors, and hoped that everyone could cooperate with CITIC Group.

After talking about the CITIC Group, the helmsman of the Rong family, on behalf of the mainland, also invited everyone to take a walk to the mainland if they have time, and also looked forward to everyone investing in the mainland.

This time, the helmsman of the Rong family came to Xiangjiang mainly to cooperate with Heung Kong Capital in the leasing business.

Now that the mainland is reforming and developing, many enterprises need to import some equipment, but now the enterprises are in financial difficulties, and the state is now relatively short of funds, so he hopes to cooperate with Heung Kong Capital for this matter and issue corporate bonds to purchase equipment and lease it to domestic enterprises.

This time, he mainly wanted to solve the needs of a domestic chemical company, where the factory was technologically renovated, but it had to be postponed in 80 years because of the lack of funds, and he hoped that this time he could raise funds outside, so that the factory could complete technological innovation and create greater profits.

The helmsman of the Rong family knows very well that the debt securities he planned are still relatively large for the mainland at present, but on the Xiangjiang side, as long as these families are willing to support it, this amount of money is not a problem at all.

He set his main target on the major banking families in Hong Kong, who were the best recipients of the bonds, and who were more than capable of letting them out or holding them themselves.

The head of the Rong family knew that there was a person here, as long as he was willing, he could eat his bond this time, but he himself did not have the slightest confidence in persuading the other party.

After he finished his congratulatory speech, he came to Fok Yingdong and said to him: "Mr. Huo, you are also a director of CITIC Group, and this time we plan to cooperate with some banks in Xiangjiang to issue 2 billion Hong Kong dollars of corporate bonds, who do you think we should negotiate with, and who should we negotiate with first?"

Fok Ying-tung also understands the difficulties facing the mainland at present, and the issuance of corporate bonds this time is also to support the mainland's reform and development, and he also hopes that this bond can be issued smoothly.

The current situation in Xiangjiang is also a bit complicated, and a group of banks led by HSBC and Standard Chartered plus HSBC's Hang Seng Bank are not expected to undertake this business at this time.

Led by Lee Guangyu, the Celestial Bank, the East Asia and Heung Kong Asian Commercial Banks, and the Wing Hang and Sun Hung Kai Banks, the remaining small banks are unable to afford such a large amount of corporate bonds.

Especially Wing Hang Bank, although Feng Jingyao is now the major shareholder, and he is fully responsible for the development of the bank, Huo Yingdong knows in his heart that Feng Jingyao is just a puppet who stands up, and the bank is actually still controlled by Li Guangyu.

The reason why Li Guangyu did this is to break Yonghang Bank into the mainland market, after Yonghang Bank and Tianyu Financial Group draw a line, the restrictions on entering the mainland are much smaller than Li Guangyu's Tianyu Bank, as for the reason, it is estimated that Li Guangyu has long been very clear.

Huo Yingdong said: "Rongsheng, I believe you already have a goal in mind, but you are worried that you will not be able to cooperate with him." ”

Of course, the helmsman of the Rong family knows who to look for, but before he visited Li Guangyu yesterday, the relationship between the two parties was still in a stalemate, and who knows what Li Guangyu's plan is at this time.

Moreover, the other party replied yesterday that the Li consortium is currently short of funds and cannot afford to invest in the mainland.

The helmsman of the Rong family said: "Huo Sheng, do you think Li Guangyu is willing to make a move this time?"

Huo Yingdong didn't dare to draw conclusions now, and now he couldn't understand Li Guangyu's approach more and more. In the past, although he would not stand up and shout support for the mainland on the surface, his actions clearly expressed his optimism and support for the mainland.

Fok Yingdong said: "No matter what Li Guangyu thinks, we always have to give it a try, after all, with his support, our bond can be sold soon." ”

Li Guangyu and a few people began to chat, Zheng Yutong said: "The Kadoorie family contacted me and asked me if I wanted to buy the part of the shares in his hand, I want to buy it myself, but my New World Real Estate side currently has limited funds, so I plan to let China Investment Company buy this part of the equity, I don't know what your opinion is." ”

On the one hand, Zheng Yutong's own side is indeed a little short of funds now, and on the other hand, he also hopes to bring in the China Investment Company and continue to strengthen the relationship between the Zheng family and these companies.

Li Guangyu himself has no opinion, anyway, the part of the shares in the hands of the Kadoorie family is now worth more than 300 million Hong Kong dollars, and if they come out, one is only tens of millions of Hong Kong dollars.

Zheng Yutong saw that several companies did not refuse, and he was very happy in his heart, as long as he got the shares in Kadoorie's hands, his Zheng family's management of Xiangjiang Shanghai Hotel Group would not be influenced by anyone.

After all, there was no absolute controlling stake before, and on the issue of the hotel, if the Kadoorie family wanted to make trouble, Zheng Yutong did not have any way to deal with it.

Just when Zheng Yutong was about to say something, Huo Yingdong, the helmsman of the Rong family, Li Guobao, Feng Jingyao, and Chen Youqing came to them.

Fok Yingdong said: "Yutong, congratulations, this most famous hotel in Xiangjiang is finally under the control of our Chinese family. ”

Zheng Yutong responded with a smile: "Yingdong, this time it is mainly the help of Guangyu and Jingxi that allows me to control this hotel group, otherwise my Zheng family's words alone are too far behind the Kadoorie family, is there something wrong with you here?"

Fok Yingdong then talked about the issuance of corporate bonds by CITIC Group, and asked Li Guangyu and Feng Jingxi if they were interested in it.

Li Guangyu did not respond to Fok Yingdong's question, but asked several bank leaders who came to the front: "Li Sheng, Chen Sheng, and Feng Sheng, what are your three plans? ”

Li Guobao immediately said: "Li Sheng, we haven't made a decision yet, after all, for such a big matter, we still need to hold a board meeting after we go back, and then we can decide whether to underwrite this bond, and we are also here to listen to your thoughts." ”

Li Guobao is also worried about the property market now, once the property market collapses, if there is a problem with the major banks, then they will need a large amount of money to maintain the stability of the bank, and now he does not dare to take any risks.

Li Guangyu doesn't care about the issue of underwriting corporate bonds, anyway, these are also sold to the citizens of Xiangjiang, although the maturity of this bond is longer, but the annual interest rate of 8.7%, Li Guangyu believes that there will still be some people to buy.

Li Guangyu himself did not intend to let his bank hold these debt securities, he had a better opportunity to make profits, and it was not cost-effective to put money in them.

Li Guangyu said: "Rongsheng, Huo Sheng, our Tianyu Bank can sell this batch of bonds for you, we are limited to one month, how much can be sold can only depend on luck, I don't dare to give you a big package of tickets in this matter, we will settle it in a month, I don't know if you are willing?"

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