I would like to stand with the majority of citizens and support their voices!

When Li Xuan said this, he felt goosebumps all over his body. , his cheeks are not thick enough to tell all kinds of lies as a matter of course, so he is obviously not suitable to be a politician, and it is better to keep a certain distance from politics.

However, business is often inseparable from politics, and many times companies need support from the political circles. Therefore, for Li Xuan, it is easy to be swept into an unnecessary whirlpool if he is too close to the government, and it is easy to be taken advantage of by competitors if he is too far away from the government.

After Li Xuan finished speaking, he nodded to Charles Hume and walked away. Before he could walk in front of Han Peng and the others, Han Peng had already given a thumbs up and praised with a smile: "Boss, what a wonderful speech, my legislator should really be your member!"

As early as two years ago, Han Peng was appointed as a member of the Legislative Council by the former Governor MacLehose.

"You don't have to pat yourself here, even if you praise me for being comfortable, I won't give you a raise!" Li Xuan scolded with a smile.

He turned his head to Sir Gorston next to him and said, "Sir Gao, thank Standard Chartered Bank for its strong support to Jiahua!"

Not long ago, with the support of Standard Chartered, Jiahua Bank successfully completed the acquisition of Hong Kong Chinese Bank, making it the fourth largest bank in Hong Kong after HSBC, Standard Chartered and Hang Seng.

Sir Chow Xinian, the founder of Chinese Bank, was the most influential Chinese in Hong Kong politics before Zhong Siyuan. As early as the thirties, he spent a huge amount of money to buy a garden villa with an area of more than 20,000 square feet (2,000 square meters) on Keton Road in Victoria Peak, becoming the first high-class Chinese to live on the top of the mountain.

But Zhou Xinian has been in poor health in recent years. The relationship with the two sons of the deceased wife is also very stiff. Last year, because he wanted to revise the will, the father and son went directly to the court. Therefore, the Hong Kong Chinese Bank was founded by Zhou Xinian in 1955. Business has been shrinking in recent years.

As Zhou Xinian is getting older, his ability to control many industries under his name is getting weaker and weaker. Therefore, he intends to sell the Chinese Bank that he founded. After the 1965 banking run in Hong Kong, Bank of China launched in-depth cooperation with Standard Chartered.

Therefore, under the mediation of Standard Chartered, Jiahua Bank Shun Lì acquired all the shares of Huayin held by it from Zhou Xinian, a major shareholder. Subsequently, the acquisition of other minority shareholders was completed in the form of cash and share exchange.

"Li Sheng, you are one of my bosses! Serve the boss, Standard Chartered will definitely do his best!" Gao Ston said with great humor.

Of Hong Kong's two largest British banks, Standard Chartered is far inferior to HSBC, but Li Xuan has a closer relationship with Standard Chartered. Dongfang Electronics has had a very strong cash flow since its establishment. It is one of the few companies in Hong Kong that does not need to look at the bank's face to eat.

Therefore, Li Xuan is even more powerful when cooperating with Standard Chartered and HSBC. HSBC is well-capitalized and is widely regarded as Hong Kong's invisible central bank. There is a view in the Hong Kong market that HSBC Taipan's power is even higher than that of the Governor.

From HSBC, it was difficult for Li Xuan to get any benefits. In contrast, Standard Chartered Bank, which has a much smaller capital scale, is more enthusiastic about Li Xuan. In the past two years, Dongfang Electronics has been in the honeymoon period with Standard Chartered Bank. With the initiative and cooperation of the senior management of Standard Chartered, Li Xuan has successively acquired shares in the hands of a number of minority shareholders.

Up to now, Li Xuan holds the shares of Standard Chartered Bank. It has reached 16.7%, becoming one of the largest individual shareholders of Standard Chartered. He was also invited to join the Board of Directors of Standard Chartered Bank at the beginning of the year. From Li Xuan's close relationship with Standard Chartered Bank, the biggest gain is undoubtedly Jiahua Bank.

Jiahua Bank Tong Guò has partnered with a century-old store like Standard Chartered Bank. He further improved his management level and risk control ability. Although Standard Chartered's influence in Hong Kong is not as strong as HSBC's, its position as the second largest is unassailable.

"Mr. Li, Jiahua Bank is under your leadership. Successfully dodged a possible crisis!" Gao Ston exclaimed with praise.

Li Xuan shook his head: "The continuous development of Jiahua Bank has been achieved under the leadership of President Yang Lingjun. He should be the one you praise!"

With the large-scale failure of bids in the Hong Kong government's land auction yesterday, the banking industry was immediately shaken violently. No one bids for the land. It means that the value of land is depreciated. The depreciation of land prices will lead to the collapse of property prices, and many real estate developers who previously bought land at high prices are likely to cause huge losses.

Due to the previous wave of property market prosperity, many Hong Kong banks blindly lent to real estate developers. Once the property market collapses, many loans will turn into bad debts, and industry leaders like Goldston can already foresee the wolf coming.

As early as more than a year ago, Li Xuan had asked Jiahua Bank to decisively clear the real estate credit in advance. Therefore, in the face of a possible crisis, Jiahua Bank can be a stable Diaoyutai. And Li Xuan's current status no longer needs to use these praises to increase his prestige, so he simply put these reputations on Yang Lingjun. In fact, before Yang Lingjun joined Jiahua Bank, Jiahua had already begun to adjust its strategy.

And those banks with unreasonable credit structures and stuck in the quagmire of real estate cannot extricate themselves, and the next days will be very difficult. In the previous banking crises, many banks were hit hard or failed. And when other banks are in crisis, it is precisely the opportunity for Jiahua Bank to expand.

After Yang Lingjun took the helm of Jiahua Bank, Li Xuan was very satisfied with his business skills and enterprising spirit. Therefore, Li Xuan rarely directly intervenes in Jiahua Bank's decision-making now. For example, the acquisition of Chinese Bank this time was promoted by Yang Lingjun.

The previous Chinese Bank has been shrinking in recent years due to the relationship between its founder and president, Zhou Xinian. Despite the boom in Hong Kong's real estate sector in recent years, the Chinese Bank has been very conservative in its lending, which has allowed it to avoid a crisis.

Hong Kong may have financial shocks next, in fact, it is easier for Zhou Xinian to make concessions on the transfer price, but Yang Lingjun is unwilling to dream a lot at night. With the financial support of Standard Chartered Bank, he made a decisive move and successfully persuaded Zhou Xinian to agree to sell before other competitors joined.

And Mr. Yang's ambitions don't stop there, as he has quietly set his sights on another target, Henry Bank, a mid-sized bank in Hong Kong with 26 branches. In August this year, that is, last month, Hong Kong's Xie Liyuan Gold Shop, which operates a paper gold business, collapsed and liquidated on September 6 due to huge losses caused by the soaring international gold price.

Rumors of a close relationship between Hengrong Bank and Xie Liyuan Gold Shop immediately spread in the market, and this news caused a crisis of confidence among depositors. In just two days, Hengrong Bank was squeezed out of more than 100 million yuan in deposits. Fortunately, Bank of China Hong Kong and Standard Chartered Bank soon issued statements at the same time, saying that they would fully support Hengrong Bank.

However, according to the information that Yang Lingjun learned, Hengrong Bank has actually fallen into a crisis in the real estate industry. Once the house price plummets and the real estate developer is unable to collect the payment in time, Hengrong Bank is likely to immediately suffer huge losses. A big reason why Hengrong Bank is trusted by depositors is the support of Standard Chartered behind it.

In 1976, Filipino-Penn merchants Zhuang Rongkun and Zhuang Qingquan acquired 80% of the shares of Hengrong Bank, which was supported by Standard Chartered Bank. Therefore, the cooperation between Standard Chartered Bank and Hengrong Bank is very close.

If it can be said that Standard Chartered Bank will be used to draw salaries from the bottom of the kettle, Hengrong Bank will definitely be hit hard, and at this time, Jiahua Bank can appear as a savior. A gleam flashed in Yang Lingjun's eyes, and he couldn't help but focus on Gao Shidun, who was chatting warmly with his boss, thinking about what reason he should use to persuade the other party.

At this time, Margaret Thatcher, the current British first, came to the banquet hall with the powerful aura of a strong woman. He was greeted by Sir Youde, the Governor of the Governor, who accompanied him, and then the Iron Lady gave an enthusiastic speech as she gazed at the elite of Hong Kong.

The focus of the speech was tantamount to first summing up Hong Kong's brilliant achievements under British colonial rule, then expounding his firm stand on the Hong Kong issue, and finally looking forward to Hong Kong's bright future! The people attending the banquet also broke out into thunderous applause.

After the speech, Li Xuan and a dozen other representatives from the business, business, and academic circles were invited to a small conference room to have a face-to-face exchange with Prime Minister Thatcher. Thatcher's content to everyone was similar to the theme of her previous speeches, except that she more specifically expounded the British government's position and countermeasures on the Hong Kong issue, that is, to retain the right to govern Hong Kong. She hopes to win the recognition and support of all sectors of Hong Kong on this issue.

The first to speak was Madden, the current president of the Hong Kong General Chamber of Commerce, who is a Taipan of Wheelock & Co., one of the four major British companies in Hong Kong. Whether it is Jardine Matheson, HSBC, Swire or Wheelock, these consortia have the same position, and they all want Hong Kong to remain under British rule. Because only in this way can they continue to maintain their supra-national status in Hong Kong.

Mr. Madden's words were very radical, and he believed that if Hong Kong fell into the hands of the Chinese Communist Party, it would mean ruin. And he holds a similar radical position, as well as the current Taipan New Bijian of Jardine Matheson. In contrast, Hong Kong's behind-the-scenes governor, HSBC Taipan Shen Bi, spoke in a much calmer tone.

Li Xuan found that everyone's eyes were focused on him, so he said very calmly: "Dear Margaret Thatcher, Mr. Madden and Mr. Niu Bijian are both members of the Legislative Council, and Mr. Niu Bijian is also a member of the Executive Council. The Hong Kong issue is a matter of strict negotiations between the two governments, and I am not in any public office, so it is not appropriate for me to express my views.

Here, I only hope that during the negotiations between the two governments, the Hong Kong government will do its utmost to safeguard Hong Kong's economic stability in the interests of the vast number of Hong Kong citizens."

On this occasion, no one would force him to say anything. But if Li Xuan said it according to the British will, it would inevitably appear in the newspaper headlines tomorrow. And he will not be so stupid as to jump out and say that China has the right to take back Hong Kong. So he simply said succinctly and clearly that it was inconvenient for him to participate. (To be continued......)