Chapter 857: Supporting the Li Consortium

After more than a month, Li Guangyu returned to Xiangjiang on June 8 after completing his trip to Western Europe.

During this period, Lee Guangyu visited West Germany, Italy, Spain and Portugal in addition to Paris.

In addition to Paris, Italy is another key investment area for Lee Kong Yu, and at present, the acquisition of Maserati by Bentley Group and Logo Group has made substantial progress, and it is believed that it will not be long before Bentley Group will be able to acquire Maserati.

The Maserati brand and manufacturing company are all in Italy, which is one of the reasons why Lee Guangyu attaches great importance to the Italian market.

Italy's influence in Western Europe is still relatively large, as one of the three major powers in the Western European continent, Li Guangyu is still very optimistic about some things in Italy, such as the Maserati that has just been acquired, its domestic Ferrari, and Italy's domestic high-end clothing group.

Due to the concession of the Lee consortium, the consent of the British government, and the support of the Governor's Office, the Bank of Hong Kong successfully obtained the right to issue notes in Hong Kong dollars.

This is a major victory for the Chinese banks in Hong Kong, which have been suppressed by HSBC and Standard Chartered for hundreds of years, even with the strong rise of Tianyu Bank, it is difficult to shake their position without the right to issue Hong Kong dollars.

Now that there is finally a bank that can sit on an equal footing with HSBC and Standard Chartered in Hong Kong, Chinese capital will have more say and initiative in the development of Hong Kong Finance in the future.

Now the citizens of Xiangjiang are waiting for the listing of the Bank of Xiangjiang, so that they can buy some shares of the Bank of Xiangjiang, which has more than a dozen families in Xiangjiang as shareholders behind it, and the Li consortium as the support behind it, and the future development is unlimited.

Now that the Heung Kong stock market has been in turmoil, investors don't know which stock to buy, and now that Heung Kong Bank is about to go public, they have found a safe investment target.

On the evening of his arrival in Hong Kong, Li Guangyu discussed with Li Ka-shing, Zheng Yutong, and others the issue of the listing of the Bank of Hong Kong.

After Li Guangyu and his several capital injections, coupled with two profits in the stock market, as well as the gains in the Hong Kong dollar exchange rate last year, the market value of Wing Hang Bank has already reached a rather terrifying figure.

After Zhou Xiaoning and the financial directors of Heung Kong China Investment, Ho Investment, and New Asia, the market value of Wing Hang Bank is 18.6 billion Hong Kong dollars, which is only lower than HSBC and Standard Chartered in the stock market.

As for Tianyu Bank, since it is not listed, it is not included in this comparison.

Even the current market value of the Bank of East Asia in the stock market is only more than 7.6 billion Hong Kong dollars, and the market value of the Heung Kong Asia Commercial Bank is only more than 6.2 billion Hong Kong dollars, which is far from being comparable with the Bank of Hong Kong.

The main reason for this situation is that in these stock markets, whether it is Li Guobao or Chen Youqing, they all enter the market with their own funds, they do not enter with bank funds, and these profits naturally belong to themselves.

In the Hong Kong dollar exchange rate, their two major banks did not make any profits, which led to the market value of the two major banks not climbing much.

This time, Li Guangyu and the others are going to take out 20% of the banks to go public, and the market-making banks are a few major banks, and they have their own departments to do this, so naturally they don't need to give up their profits to other companies.

After this listing, Heung Kong Zhonghua Investment Company also holds 24 percent of the shares, Li Guangyu Tianyu Financial Group and New Asia Investment Company each hold 16 percent of the shares, and Feng Jingyao and Ho's Investment Company each hold 12 percent of the shares.

In the box, everyone has no opinion on the listing, especially these families, they all know that the reason why the Bank of Hong Kong has such a market value, this time to obtain the right to issue notes in Hong Kong dollars has added a lot of points to the bank, and this is mainly due to Li Guangyu to obtain such rights.

Feng Jingxi said to Li Guangyu: "Guangyu, we also know that your use of funds this time is quite large, and now it is estimated that your funds are already quite tight, and we, the four major banks of Heung Kong, New Asia, Heung Kong Asia Commercial and Sun Hung Kai, will jointly provide you with a loan of 2 billion US dollars for your next expansion." ”

When the Lee consortium decided to let the Bank of Hong Kong obtain the right to issue Hong Kong dollar notes, Feng Jingxi, Zheng Yutong, Li Guobao and others discussed and gave Li Guangyu some support in terms of funds.

They knew that Li Guangyu had already borrowed $3 billion from Tianyu Bank, and they knew Li Guangyu's character very well, and if he didn't really have no money, he wouldn't have taken out a loan.

In addition, the Lee consortium is still expanding on a large scale, and the amount of funds needed is very large, and this time several major banks jointly gave Li Guangyu a loan of 2 billion US dollars, one is to inherit Li Guangyu's love in this Hong Kong dollar banknote issuance, and the other is to hope that the Li consortium can develop steadily.

They know very well that now everyone is connected, and the stronger the Li consortium develops, the more benefits they can follow behind.

Li Guangyu's funds are indeed a little tight now, and now the major groups are accelerating their expansion, and he did not refuse the proposal of Feng Jingxi and others.

Moreover, the interest rate of the loans given by the major banks this time is very low, which is on par with the current savings interest of Xiangjiang, and the major banks are equivalent to self-subsidy.

Li Guangyu said: "Thanks to the help of several uncles, I have taken a big step this year, and I was ready to recuperate this year last year, but this time there was such an opportunity in the UK, I really can't bear to let go." ”

Feng Jingxi and Cheng Yutong both thanked Li Guangyu for the rights and interests he had won for the Bank, and if there was a shortfall in the funds of the Li consortium in the future, they would find ways to help.

As Li Guangyu's father-in-law, Cao Wenjin said to Li Guangyu: "Guangyu, your development this year is indeed a little radical, the major groups are building their own headquarters buildings, plus the investment of this trip to Western Europe, all need a large amount of funds to support, you also need to be cautious, the development of the group is not terrible, I am afraid that you will exercise on the funds." You should know that once the forces in other regions want to attack our Xiangjiang Chinese-funded family, you will be their target. ”

Li Guangyu is also aware of the situation he is facing, this time it is mainly because of his own strategic layout at the beginning of the year, he originally planned not to carry out large-scale expansion this year, and the funds of the major groups do not need to be transferred on a large scale, so that they can stabilize their foundation, and the current land price in Xiangjiang is cheap, so the major groups have agreed to establish their headquarters Li Guangyu, anyway, the major groups have their own funds to build, and they do not need Li Guangyu's support.

As a result, when Li Guangyu needed funds in Western Europe, he could not transfer funds from various groups, so he could only use his own funds and loans in Tianyu Financial Group.

This time, he originally planned to transfer the half-year profits of Hengyu Supermarket Group, Xingyu Game Group and Xiangyu Culture Group in early July to cope with the next development.

Now that he has the support of these major banks, he does not need to draw funds from these major groups.

After all, these major groups are also going to carry out the steady development of the group, and some plans are already in place, and Li Guangyu's transfer may have a certain impact on their development.

Li Guangyu said: "Father-in-law, don't worry, I have the bottom here, I believe that the situation will change in a short time, and I will no longer lack development funds at that time." ”

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