Chapter 849: Investment Implications
Three days later, Lee and his family returned to London from Paris.
In the past few days, Du Yuemei has reached a series of agreements with the British government, and Li Guangyu's return to London this time is mainly to attend the signing of the acquisition of Xingyuan Mining Company.
A series of cooperation between Li Guangyu and the British government also spread to Xiangjiang, which caused a very strong repercussion in Xiangjiang.
The total cost of the Lee consortium's series of investment agreements in the UK is close to $75 billion, whether it is the $3.5 billion Xingyuan Mining Company or the $2 billion Bentley Group for the expansion or acquisition of the building, it is an extremely large amount.
In addition, the complete wholly-owned ownership of the British Telecom Group this time has greatly increased the influence of the Lee Consortium in the United Kingdom, and it has also shocked all walks of life in Hong Kong.
This investment also hollowed out all the profits of Li Guangyu's group, you must know that when the Hong Kong dollar exchange rate fluctuated last year, Li Guangyu made a lot of money, and Tianyu Bank made a profit of more than 3 billion US dollars in that operation.
Lee's major groups have not only not been affected by exchange rate fluctuations, but have also made great profits.
Since many groups have to expand and build their headquarters in the past two years, Li Guangyu still needs to borrow $3 billion from Tianyu Bank to meet all the investments this time, and it is impossible for him to withdraw some of the group's funds.
Fortunately, Li Guangyu is on the left hand and right, except for the acquisition of the three billion US dollars of Xingyuan Mining Company and the 1.4 billion US dollars of another 50 shares of British Telecom, other projects have been suspended, and the money is still in Tianyu Bank.
Besides, the building does not need to be prepared all at once, and it will be built over several years, and the Bentley Group itself is enough to afford this funding.
Hengyu Supermarket Group is also responsible for this expansion, and there is no need for Li Guangyu to inject capital, Li Guangyu in addition to Xingyuan Minerals and British Telecom Group, Li Guangyu also needs to inject 1 billion US dollars into Bentley Group for the next acquisition.
A total of $5.9 billion is needed from Li Guangyu's headquarters, and Li Guangyu will use his own $3 billion from Tianyu Bank, and then borrow $3 billion from Tianyu Bank with the shares of Hengyu Supermarket Group and Bentley Group as collateral.
Of this amount, US$100 million is intended to be injected into Xingyuan Mining Company to maintain the normal operation of the company.
The leaders of HSBC and Standard Chartered in Hong Kong know that the Lee consortium's large-scale investment this time shows that the Hong Kong dollar note issuance right has opened the door to Tianyu Bank, and the British side will no longer be an obstacle.
They are obviously not willing to let other people come in and share this power with them, Tianyu Bank is now stronger than their two major banks, but there is no Hong Kong dollar banknote issuance power, in the Xiangjiang financial community, many aspects of things and some rules are still the final word of the two of them, in terms of status, they HSBC and Standard Chartered still occupy the top spot in Xiangjiang Finance.
Once Tianyu Bank has the right to issue Hong Kong dollar notes, some special treatment for the two of them will not be able to enjoy exclusively, and there will be changes in the financial circles of Hong Kong, and it will be impossible for them to continue to maintain their current status.
Sticky Schudland, who has been chairman of the board of HSBC for more than half a year, is now in complete control of the situation at HSBC, and the top management of HSBC has also undergone a change.
As the largest shareholder of HSBC, he naturally does not want other banks to share the benefits of the Hong Kong dollar note issuance right.
After the news came from the UK, he immediately contacted George Lavine, the head of Standard Chartered Bank Xiangjiang, to discuss how to deal with the crisis.
This time, in the eyes of Stick Shodalan and George Lavin, this time Tianyu Bank is a very big threat to them.
On the morning of May 20, some newspapers in Hong Kong carried a large report on the financial situation in Hong Kong.
The main theme is that the current financial situation in Hong Kong is very stable, and to maintain the stability of the current financial structure in Hong Kong is to maintain the stability of Hong Kong's economic development.
At the same time, the report also specifically advocated that the Hong Kong Monetary Authority must put the interests of the more than 5 million citizens of Hong Kong first, not be interfered by some forces, and that stabilizing Hong Kong's financial affairs is the first priority.
On the morning of the same day, because it was still early in the morning in London, Li Xuemei of Xiangjiang did not wake up Li Guangyu, she specially held a press conference, accompanied by Luo Qianwen, executive vice president of Tianyu Financial Group.
At the press conference, Li Xuemei said: "Today, I am holding this press conference on behalf of Li's industries, and the main purpose of this press conference is to talk about our views on Heung Kong Finance. ”
"We have paid attention to the current views in some newspapers, and many of them directly refer to our Li Enterprise and Tianyu Financial Group, and we Tianyu Bank has been committed to having the right to issue notes in Hong Kong dollars, so as to break the monopoly of HSBC and Standard Chartered Bank, so that the financial situation in Hong Kong can be more stable, and ensure that our Chinese capital can have a certain initiative in this. ”
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After Li Xuemei expounded on the Li consortium's own views, the reporters present began to ask questions.
One of the Oriental Daily reporters asked: "Ms. Li, we have just received news from London, Li Sheng reached a series of investment agreements with the London government during his inspection in London, according to the British official media, the investment amount is expected to be as high as 7.5 billion US dollars, this large-scale overseas investment, in such a period, the Li consortium invested such a large amount of money in the UK, what kind of plan do you have?"
The Lee consortium has always been very cautious, and according to common sense, Lee Guangyu should not appear in London during this period, let alone invest such a scale of money in England.
You must know that Li Guangyu has not been to England for four years since he went to England in 80, just to avoid some unnecessary troubles, the media group under the Li consortium has always been very cautious and never expressed some biased views.
Li Xuemei knew what these people thought, not only these reporters, but also many Xiangjiang citizens were extremely puzzled why Li Guangyu would break the strategy he had insisted on for several years in this special period.
"Our investment in the UK is a normal business behavior, without any political goals and other intentions, and I hope you don't read too much, our Lee's business has always been a purpose will not change, we as a company, will never participate in politics. ”
In the face of Li Xuemei's statement, these reporters in Xiangjiang did not believe that the Li consortium had just reached an investment agreement with the British government, and there were reports on the Xiangjiang side that accused the Li consortium and Tianyu Financial Group of wanting to undermine the financial order of Xiangjiang.
It would be strange if the Lee consortium was just a normal investment and had no other purpose this time, and it was clear to all circles in Hong Kong that the Lee consortium had always hoped to break the monopoly of HSBC and Standard Chartered on the right to issue Hong Kong dollar notes.
Otherwise, it would not have been reported in some newspapers just now, and the Li consortium immediately jumped out. In the morning, the newspapers did not name the Li consortium and Tianyu Financial Group, which was obviously the Li consortium.
As for whether the Lee consortium has any other purpose besides the right to issue notes in Hong Kong dollars, they are not known for the time being.
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