PS: I haven't had time to correct the typo, you can watch it in more than ten minutes!

There are a total of 7 executive director seats on the board of directors of Standard Chartered, of which 4 shareholders with more than 5% of the shares occupy one seat each. The remaining three seats are Lord Robles, Chairman of the Board of Directors of Standard Chartered, Mr Bonatt, Chief Executive Officer of the Company, and Mr Talang, Director of Finance of the Company.

Robles, the chairman of the board of directors of Standard Chartered, was not appointed by the majority shareholder, but was promoted to chairman of the board because of his previous performance in the position of chief executive officer, which received a high vote from shareholders at the shareholders' meeting.

He and the current chief executive, Bonut, have considerable differences over the direction of Standard Chartered Bank's business. On the issue of whether to issue new shares to the market, the two sides have recently erupted into heated debates.

Among them, CEO Bonet hopes to increase the capital adequacy ratio of Standard Chartered Bank through a rights issue, thereby accelerating the group's global expansion. But Robles, chairman of the board, believes that the reason for Standard Chartered's recent sluggish earnings is due to rapid expansion.

Standard Chartered, for example, acquired Union Bank of California and seized the opportunity to enter the Brazilian and Venezuelan markets. But instead of opening new markets quickly, Standard Chartered suffered heavy losses in the U.S. market. This has significantly dragged down Standard Chartered's overall profitability.

In recent years, Standard Chartered's main source of profit has actually come from mature markets such as Hong Kong and Southeast Asia, which have been operating for more than 100 years. Therefore, in Robles's view, Standard Chartered's current focus should not be on continuing to expand in a disorderly manner, but on digging deeper into the existing market.

The fierce infighting between the chairman of the board of directors and the chief executive officer of the company also led to the delay of Standard Chartered Bank. An important reason for new initiatives to improve the company's performance. Originally, Robles was actively enlisting the support of the company's major shareholders to put pressure on Bonett, who was in charge of specific operations.

But Rice Bank suddenly jumped out and demanded to buy Standard Chartered. Let the two originally hostile people quickly put aside their prejudices and unite to resist the common enemy. But what I didn't expect was this. After the majority shareholder, which holds 17.9% of Standard Chartered, publicly stated that he accepted the takeover offer of Rice Bank, Mr. Talang, the financial director, also chose to defect.

Tarant has long been regarded as the right-hand man of Robles, the chairman of the board, and he has been a pawn of Robles, constantly criticizing the level of financial control of Standard Chartered management, led by Bonett. But it was such a person on the board of directors who knew the specific financial situation of the entire Standard Chartered company best, and was quietly persuaded by Rice Bank.

Li Xuan guessed that the reason for this Mr. Tarang's defection was probably because of the reconciliation between Robles and Bonet. The swift compromise between the two sides also meant that some of the outcasts would definitely be sacrificed. It is likely that Tarang thought he would be one of the abandoned children to be sacrificed. So just don't do it and choose to change the court to protect yourself.

Although the debate in the board was fierce, Robles and Bonet had succeeded in convincing the directors of the other two major shareholders to oppose the proposed takeover of Rice Bank long before the board meeting.

Therefore, when Li Xuan abstained, Rice Bank's takeover offer was still successfully rejected with 4 votes against, 2 votes in favor, and 1 abstention. However, the defection of the financial director, Talang, still caused a lot of influence among the shareholders of Standard Chartered.

After Rice Bank chose to forcibly acquire Standard Chartered shares from the open market. Many small and medium-sized shareholders who have lost confidence in the management of Standard Chartered Bank have chosen to liquidate and leave. As a result, in just half a month after launching the acquisition war, the Standard Chartered shares held by Rice Bank soon managed to exceed 25%.

"Li Sheng. I hope to be interviewed by ATV's "Qiang Qiang Threesome" column, and on behalf of the group headquarters, I will give a detailed and open explanation of Standard Chartered Bank's future development strategy in Hong Kong!"

A month after Rice Bank's acquisition of Standard Chartered Bank, broke out. Mr. Gorston of Standard Chartered Taipan in Hong Kong finally called Li Xuan again. After Li Xuan put down the phone. There was already a smile on his face.

In fact, before Goldtown called, he had already received a call from London. Standard Chartered executives fully agreed to a series of conditions he had previously offered. Because Rice Bank has acquired more than 33% of Standard Chartered shares, if Li Xuan chooses to support Rice Bank now, then the acquisition battle will directly divide the winner and loser.

In fact, the Smith director of Rice Bank has arrived in Hong Kong again to lobby Li Xuan. As long as the price given by both parties is about the same, for Li Xuan, he is still more willing to continue to cooperate with the current management team of Standard Chartered, after all, his cooperation with Standard Chartered over the years has actually been very pleasant.

As for Rice Bank, Li Xuan is completely unfamiliar to him, and he can't guess what kind of business strategy the other party will adopt after the merger and acquisition of Standard Chartered. In addition to the Hong Kong market, Li Xuan hopes that Oriental Group will continue to work closely with Standard Chartered Bank in markets such as Australia, Asia and Africa.

"Ah Hui, I will make an announcement to the outside world, saying that I support the existing team of Standard Chartered to continue to manage the bank, and at the same time refuse to return to the director of Rice Bank, Smith, and apologize to him on my behalf!"

Li Xuan quickly called Zhong Jinghui, an assistant outside the office, and made a series of decisions. After that, instead of putting down the phone, he dialed another number.

"Aque, please do me a favor this time! Jiahua Bank has prepared 62 million pounds in cash, and you have announced the acquisition of 7.8 million shares of Standard Chartered Bank at a price of 780 pence per share!" Li Xuan said to Xu Jiankui on the other end of the phone.

"Why bother making such trouble, you can just buy it yourself! In the past few days, it is said that many people are ready to make a white glove!" Xu Jiankui asked with some disapproval.

"The Bank of England has already added a new rule to its White Paper on Banking Regulation, published in December last year. Any investor who is ready to acquire more than 15% of the Bank of England must obtain approval from the Bank of England!

I now have a stake of 17.5% and will need to get approval from the Bank of England if I continue to increase my holdings on a large scale. I don't want to go for the 5% stake. I made a special trip to London! And my personal shareholding ratio is too high, which is also easy to lead to the suspicion of Standard Chartered management. They always think that one day I will suddenly launch a full acquisition!" Li Xuan explained to his friend.

"Haha, the halo of the richest man in the world on your head is too dazzling. Others have to be afraid of three points! Standard Chartered's stock used to be only 637 pence, but now it has risen to 770 pence! When the takeover of Rice Bank fails, the stock price will definitely plummet again! I don't want the hard money to help you run errands, in case the stock price loses, I can't afford it, and you have to take responsibility for it yourself!" Xu Jiankui said half-jokingly, half-seriously.

"You can rest assured about this, if you lose it, I will be responsible, if you make it. The proceeds belong to you!" Li Xuan also replied with a smile, it seems that the other party has also been very concerned about the acquisition of Standard Chartered Bank recently.

Rice Bank, after playing the initial three-pronged axe, has begun to suffer setbacks in the past few days. For example, Standard Chartered's assets include three banks that it had previously acquired in the United States. The Federal Reserve Bank, the state where the three U.S. banks are located, has asked for a review of the merger to ensure that the interests of U.S. depositors are not harmed.

Although the largest shareholder of Standard Chartered Bank has transferred its equity to Rice Bank, this does not mean that there are other competitors in the market to bid for it. In fact, as early as a week ago, the first white knight appeared.

Mr. Coot, a big financier and acquisition expert from Australia. An open bid for 12 million Standard Chartered shares. He already owns nearly 3% of the shares, and if you take this new part of the increase in the shares, then Coote will eventually own more than 10% of the Standard Chartered shares.

Standard Chartered's management has promoted the image of Rice Bank very well in this takeover counterattack. The market generally accepted the view that Rice Bank had no overseas operating experience. This directly led to the original overseas customers of Standard Chartered Bank, who opposed the merger plan.

For example, Kut's Bell Group is also launching a merger and acquisition war in Australia. Standard Chartered has provided up to $2 billion in credit support for his operation. Naturally, Kut did not allow the change of ownership of Standard Chartered Bank to affect its acquisition plan. Therefore, he chose to support the existing management team of Standard Chartered with practical actions, which has helped him tremendously.

And the wealthy Hong Kong businessmen who Xu Jiankui just mentioned are ready to enter the market to compete with Rice Bank for Standard Chartered stocks, just like the wealthy Australian businessman Kut. They must have close business dealings with Standard Chartered Bank. We don't want our current good relationship with Standard Chartered to become unsure because of the merger and acquisition!

"The senior representative of Rice Bank, who was photographed yesterday by a British journalist, went to the airport to catch a flight to Hong Kong. The life and death of Standard Chartered is now in your hands, isn't it a good feeling to decide the fate of others?" Xu Jiankui asked playfully on the phone again.

Li Xuan's 17.5% stake in Standard Chartered has long been a well-known thing. Fortunately, thanks to the efforts of British Fleet Street, the representative of Rice Bank did not have time to interview Li Xuan, and Standard Chartered immediately accepted Li Xuan's conditions in full.

"What benefits did Standard Chartered promise you?" Xu Jiankui didn't wait for Li Xuan's answer, so he continued to ask curiously.

He just heard that Li Xuan asked him to buy 5% of the smashed shares on his behalf, and he immediately guessed that Li Xuan chose to support Standard Chartered instead of Rice. Because the equity in Li Xuan's hands is enough for Rice Bank to achieve an absolute controlling position, there is no need to continue to increase its holdings.

Li Xuan only makes sense to continue to increase his stake in Standard Chartered if he chooses to support the current management of Standard Chartered. Because the more shares he has, the more leverage he has in the future with the management of Standard Chartered, and at the same time, it will continue to increase the difficulty of the Rice Bank merger.

"You'll know then!" Li Xuan did not reveal the final agreement he reached with Standard Chartered management.

Xu Jiankui actually just asked casually, and didn't really want to explore to the end, but he knew that with Li Xuan's appetite, he would definitely gain a lot this time.

"Since you don't support Rice Bank's merger and acquisition plan, I'll make the momentum bigger this time, and help you pull a few more white gloves by the way!" Xu Jiankui smiled before hanging up the phone and assured Li Xuan.

A big reason why Li Xuan asked Xu Jiankui to increase his stake in Standard Chartered on his behalf was that he liked his long-sleeved and dancing connections. In order to prevent Rice Bank from acquiring Standard Chartered, it must not hold 50% of the shares held by the other party within the specified period.

Li Xuan is fully capable of standing up and bidding with Rice Bank, because the total market value of Standard Chartered is actually not high, only 1.2 billion pounds. He now has a 17.5% stake in his hands, and another £500 million will be able to achieve full control.

It's just that he wants to buy Standard Chartered Bank, and he doesn't have to have money, he must first get the approval of the British government, and secondly, he has to win the support of Standard Chartered management. In fact, the management of Standard Chartered Bank has long been wary of Li Xuan, for fear that he will launch a full-scale acquisition war.

Even if he joins the battle with a high profile now, then the management of Standard Chartered, who is now fighting to the death with Rice Bank, is likely to turn around again and start supporting Rice Bank's merger and acquisition action. Because in the eyes of many Brits, it is better to support the British bank than to support an Asian face to become the owner of Standard Chartered!

So now the only ones who can be mobilized to compete with Rice Bank are Standard Chartered Bank's customers all over the world. In Hong Kong, for example, Standard Chartered Bank has huge credit lines in a number of large property companies.

Let these real estate tycoons each spend one or two hundred million yuan to buy Standard Chartered shares, as a reward for the support of Standard Chartered management for their career, naturally there is no problem at all. If these forces are combined, it will be no problem to absorb 10% of the Simpeller shares.

As far as Li Xuan knows, Goldon has been in frequent contact with Hong Kong's wealthy people as early as a week ago, and hopes that everyone can lend a hand to support at this critical time. It's just that everyone is still choosing to wait and see, because once the wrong treasure is pressed and the merger of Rice Bank is successful, the new management team is likely to retaliate after the Standard Chartered change.

At this time, it is natural that someone needs to come out and raise their arms and take the lead. The Xu family has just acquired the Hongkong Land Group with Li Xuan, and it is impossible to raise a large amount of cash easily in the short term. And Xu Jiankui suddenly took out 62 million pounds, equivalent to 700 million Hong Kong dollars in cash, to buy Standard Chartered shares.

It is easy for everyone to think that Xu Jiankui's funds did not come from the Xu family, but from Li Xuan. In addition, Li Xuan issued a timely statement to support Standard Chartered Management's rejection of Rice Bank's merger proposal. The concerns of other wealthy businessmen in Hong Kong should be almost dispelled, Li Xuan is now in Hong Kong, the shadow of a famous tree, like a needle in the sea, is respected and trusted! (To be continued......