After Bao Fuda left, Shen Bi was a little curious and asked, "Xu Sheng, I don't know what kind of business?"

Xu Zhidao: "Mr. Shen Bi, I know that HSBC has a large number of non-bank assets, and I want to acquire one of the companies!"

Shen Bi smiled: "Which company?"

In Hong Kong, the Banking Law stipulates that commercial banks are not allowed to hold shares of non-banking companies for a long time, as this is likely to encourage insider trading, and banks may lend money to their own companies at low interest rates in violation of regulations.

However, since it is a banking business, many companies pledge their company assets or stocks to the bank, and if the operation fails and they are unable to repay their debts, then these assets or stocks will naturally go to the bank.

Under normal circumstances, it will be sold directly to cash out to repay the debt, but in some cases, if the auction is not cost-effective, then the bank can also hold it for a short time at its discretion, and invite a professional manager outside to sell it after the debt company is resurrected.

As the largest bank in Hong Kong, HSBC has naturally encountered a lot of this kind of thing, and it has also had many company stocks in its hands over the years.

Xu Zhi said: "Hutchison Whampoa!"

"Hutchison Whampoa. Shen Bi was also a little surprised, and said: "I didn't expect Xu Sheng to have such great ambitions at such a young age. ”

Xu Zhi said with a smile: "Ambition has nothing to do with age, only with strength. ”

Shen Bi shook his head and said, "If it's any other company, you can discuss it, but Hutchison Whampoa can't." ”

Xu Zhi asked: "Why? As far as I know, Hutchison has now turned a profit, and according to the banking law, HSBC has come to make a move." ”

Xu Sheng has done a lot of homework. Shen Bi said lightly: "It's not that HSBC doesn't sell Hutchison, but Xu Sheng, you don't meet the conditions, although Xu Sheng's current achievements are very high, but he has no experience in managing large companies before, so I can't agree." ”

Xu Zhidao: "Mr. Shen Bi, I really have no experience in managing such a large company, but even if it is Midea now, it is actually managed by professional talents, even if I acquire Hutchison, I can also invite professional people to come, just like HSBC 4 years ago, I don't think this is a problem." ”

Shen Bi smiled: "Yes, it can be like this, but Hutchison Whampoa is the largest enterprise in Xiangjiang, involving the work of tens of thousands of people, we have to be cautious, although Xu Sheng may be able to operate better, but there is also the possibility of failure, this risk is too great, and Xu Sheng acquired Jingzhou Yingxiao before, and did not work hard to operate, but packaged and sold this company separately, I don't want Hutchison to encounter such a fate." ”

Xu Zhi shook his head and said: "This is different, Jingzhou Yingxiao is just a small company, and Hutchison Whampoa is different, if our company can buy the shares in the hands of HSBC, it will definitely not split the branch at will." ”

"Xu Sheng should change companies, if HSBC is not satisfied, you can also try to acquire other companies, in this regard, Victor can help, you have also cooperated before. Shen Bi has directly refused.

Xu Zhi said bluntly: "I heard that Mr. Shen Bi once said that a bank is not a charity, not a political organization, not a British club, a bank is a bank, and the purpose of a bank is to make a profit. ”

Shen Bi smiled: "Yes, it's not just a bank, this sentence can be applied to any company." ”

Xu Zhidao: "Then if this is the case, Mr. Shen Bi directly rejected a business of hundreds of millions of Hong Kong dollars, is it a bit too irresponsible, after all, I don't know our offer now, is it too early to refuse directly." ”

Shen Bi said: "This is not a matter of price, we HSBC hold 22.65% of Hutchison's ordinary shares and 10% of the preferred shares, the part to be sold is this ordinary shares, and the remaining preferred shares we HSBC intend to hold for a long time, if the person who takes over the shares is not able to control Hutchison, then we HSBC will also suffer." ”

"I see!" Xu Zhi said, "but this is not a problem, I can buy all the preferred shares held by HSBC!"

Shen Bi raised his eyebrows and said with some surprise: "Preferred shares don't have any voting rights, and Xu Sheng is also willing to buy them at a high price?"

Xu Zhi nodded: "Yes, as long as HSBC is willing to sell, I can take it all and buy it at a premium of 50% at the current stock market price." ”

"50%?" Shen Bi silently calculated in his heart and said, "This is not a small amount. ”

Xu Zhi said with a smile: "Mr. Shen Bi should know about my affairs in the United States, whether this money can be taken out, I think Mr. Shen Bi knows very well!"

Shen Bi took a sip of red wine and said: "Although Xu Sheng has the economic strength, I still can't agree to this matter, this is not just a matter of profitability for us HSBC, I'm sorry, I can't help you with this matter." ”

"It's a pity!" Xu Zhi did not force it, under normal circumstances, a normal commercial acquisition would not be directly agreed or refused, but should be contacted many times, negotiated at all levels, and finally came to a result.

Shen Bi refused to even negotiate, obviously it was the same as history, the negotiations between Li Jiacheng and HSBC are estimated to have been going on for a long time, and Shen Bi is obviously willing to sell Hutchison to Li Jiacheng, rather than Xu Zhi, who appeared halfway.

There are many reasons for selling Hutchison to Li Jiacheng, first of all, Hutchison's current head Wei Li is actually a professional manager hired by HSBC, but with the improvement of Hutchison's finances, Wei Li began to be arrogant and tried to dilute the Hutchison shares in HSBC's hands, so if Shen Bi is annoyed, he needs to sell Hutchison shares to a person with stronger management ability, so that he can clean up Hutchison, and at the same time, Hutchison must also operate better, so as to show the accuracy of his Shen Bi policy of selling Hutchison.

This is also the difference between professional managers and bosses, bosses care about real interests, and managers care more about themselves.

Li Ka-shing started from scratch, has cooperated with many British-funded giants and HSBC many times, and after the Wharf incident, Bao Yugang came forward to plan Hutchison stocks for him, Shen Bi knew about it and after investigation, he decided to sell Hutchison Whampoa to him, so the negotiation with Li Ka-shing, HSBC only lies in the price and future development plan, not whether to sell.

More importantly, Li Jiacheng is very good at taking advantage of the situation, as early as 78 years, he went north to the capital and was personally received by the central leaders, and also served as the executive director of the China Trust Group.

In the view of HSBC Shen Bi, the reform and opening up of the mainland, and the increasingly good relations with the United States and other Western countries, coupled with some inside information, he knows that it is inevitable for the mainland to take back Hong Kong, in order to make HSBC smoothly return to the 97, it is inevitable to show goodwill to the mainland, and Li Jiacheng was elected as the spokesperson, so everything is not just economic, but political!

Shen Bi said again: "Xu Sheng, in addition to Hutchison, we also have a lot of high-quality assets under HSBC, tomorrow I will arrange someone to send these materials to your company, if you are interested in which company, we can cooperate again!"

"Okay, thank you so much!" Xu Zhi smiled, HSBC does have a lot of assets, but except for Hutchison Whampoa and Hang Seng Bank, the other scales are not large, and he is not interested in it at all.

......

After the banquet, Xu Zhi informed Wang Liming of the conversation with Shen Bi.

Wang Liming said: "Then we still follow the plan to increase the acquisition of Hutchison?"

Xu Zhidao: "Yes, but we still have to control the amplitude, and the speed of acquisition is faster than before, but it's best not to attract attention, are you sure about this kind of operation?"

Wang Liming nodded and said: "Yes, in a few months, I will secretly contact the financial media to vigorously promote all kinds of bad news of Hutchison Whampoa, and our actions will not always be just acquisitions, and we will cooperate with the media to sell some shares to suppress the stock price in appropriate circumstances." ”

Xu Zhi said: "Okay, strive to receive 20% of the share as soon as possible." ”

Wang Liming hesitated for a while, but still asked: "Xu Sheng, HSBC holds Hutchison, we want to acquire enough shares to grab a controlling stake, it is very difficult!"

Xu Zhi smiled and said: "I have my own consideration for this matter, you just do it according to my requirements, has the funds from the United States arrived?"

Wang Liming nodded and said: "When it arrived, Columbia Pictures remitted the share of the North American box office of 60 million US dollars to the account of our American company, and the tax side will not be submitted until next year, and now I have mobilized 50 million US dollars to come to Xiangjiang." ”

Xu Zhi nodded: "You discuss with He Guoyuan, and then transfer some funds from the United States, in addition to the acquisition of Hehuang, I still need $1 in cash before August." ”

"$100 million?" Wang Liming asked, "Do you want to buy another company?"

Xu Zhi smiled: "No, you don't have to worry about it for now, you will know when the time comes!"