The Asia Securities Company, a subsidiary of the Oriental Group, has only been established for more than two years, but it is definitely the most powerful dark horse among Hong Kong brokers. Asia Securities Company made a name for itself through the acquisition of Hongkong Land Group, and then relied on the strong financial support of Oriental Group to poach its peers.

Of course, Zhan Zongpei, the president of Asia Securities, is still relatively measured, and most of the targets of poaching are aimed at foreign-funded brokers, but he treats Chinese-funded brokerages with courtesy. Therefore, although Asia Securities Company has little qualifications, it has quickly been promoted to one of the representative companies among Chinese-funded securities firms.

In fact, the reason why Asian securities did not poach their Chinese-funded counterparts is largely because the strength of Chinese-funded brokerage houses is generally not high, and it is difficult to have something that Asian securities can see.

In contrast, the business backbone of Hong Kong's foreign-funded securities firms are basically graduates of the world's major universities, and have experienced fierce market battles on Wall Street in New York, the City of London and other places. They generally have professional technical literacy and rich practical experience, which is exactly the talent that Asia Securities urgently needs!

Although Asia Securities Company does not look down on ordinary Chinese-funded brokerages, it has been coveting Sun Hung Kai Securities for a long time. Founded in 1969 by Mr. Fung King Hei, the company is one of the best Chinese brokerages in Hong Kong.

The financial industry has always been an industry that borrows money to make money, so this field pays special attention to the accumulation of credibility. If investors can't trust you, how dare they deposit their real money with you? Whether it is a bank, a brokerage or a public or private equity fund, once a large amount of funds are lost, it means that bankruptcy is not far away!

Asia Securities is a kind of raptor across the river. With the strong strength of the parent company Oriental Group, and the legendary charm of the boss "God of Wealth Lee". to give yourself credibility as a backstop. Sun Hung Kai Securities has its current position in the Hong Kong securities market, but it has relied on its establishment for 18 years. Continuous word-of-mouth accumulation.

After Hong Kong's economy took off, a large number of Chinese-funded enterprises wanted to expand their business scale, and the demand for financing exploded. As the income of ordinary Hong Kong citizens continues to rise, the general public's interest in investing in stocks has also begun to grow.

However, the Hong Kong Stock Exchange, which is controlled by the ghosts, has always had all kinds of difficulties and rejection of Chinese enterprises. It was under these circumstances that Li Fuzhao established the Far Eastern Exchange in 1969, thus breaking the monopoly of the devils on Hong Kong's securities capital market in one fell swoop. Feng Jingxi was also keenly aware of the opportunity, and established Sun Hung Kai Securities Company shortly after the establishment of the Far East Exchange.

Asia Securities is in a very strong stance. It has established its position in the Hong Kong securities market. But it is not without its shortcomings, at least in terms of seniority and connections, it is far from being comparable to Sun Hung Kai Securities. In business competition, seniority and connections are often the guarantee of business.

When Bao Yugang acquired Wharf, he chose Sun Hung Kai Securities as one of his two major acquisition advisors. At the end of last year, it was reported in the Hong Kong stock market that Liu Ruanxiong, a "sniper in the stock market", was interested in acquiring the Hong Kong Gas Company under the name of "real estate tycoon" Li Zhaoji. Li Zhaoji also invited Sun Hung Kai Securities to be the operator of his anti-takeover action.

When Chinese talk about business, many times they pay attention to friendship. The so-called "cooked but not raw" is this principle. If Asia Securities can annex Sun Hung Kai Securities, it will not only be able to get rid of its new identity, but also become a well-deserved leader of Chinese securities firms!

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"Feng Sheng, I've always liked to get straight to the point when talking about business! Uncle Zhao must have revealed what I meant to you. Asia Securities is willing to acquire Sun Hung Kai Securities at a price of 200 million Hong Kong dollars!" Li Xuan saw that everyone was slowly getting acquainted, so he straightforwardly put forward the purpose of tonight.

Feng Yongxiang pondered for a few seconds. Since he is willing to come to the banquet tonight, in fact, he shows that he can talk. But he couldn't either. As soon as he came up, he agreed, so he paused and said, "Li Sheng." Under the leadership of Johnson Johnson, your Asian securities company is unique in this year's stock market crash! With the current pace of development of Asian Securities, it will only take one or two years to surpass Sun Hung Kai Securities. I don't think Li Sheng may have to buy it!"

Feng Yongxiang nodded to Zhuang Peizong on his left as he spoke, and then showed a wry smile! Zhuang Peizong also smiled in return, took the initiative to take over the conversation and said: "Feng Sheng, you are too arrogant, Sun Hung Kai Securities used to handle daily trading volume, which could even reach 20% of the total trading volume of the entire Hong Kong stock market.

We are new to the Asian securities industry, and we hope that through the strong alliance with Sun Hung Kai Securities, we can have the capital to compete with foreign brokerages in the next round of reshuffle in the Hong Kong stock market!"

The Hong Kong government's intention to use the previous stock market crash as an excuse to comprehensively rectify Hong Kong's securities market has become very obvious. And the promoters behind this are obviously inseparable from the figure of foreign brokers. Once Hong Kong's securities market is fully integrated with the global capital market, it means that a large amount of international capital can enter and exit Hong Kong's capital market at will.

In the face of powerful transnational capital, the weak Chinese-funded securities firms have no room for resistance at all, and naturally they have lost control of the Hong Kong stock market. Before the stock market crash, Sun Hung Kai Securities' daily stock trading volume could indeed account for nearly 20% of the entire Hong Kong stock market.

But this is achieved under the premise that foreign securities firms have been suppressed by the Stock Exchange Trading Committee headed by Li Fuzhao and cannot let go of their hands. And if everyone really competes, those international investment banks that have been in business for a hundred years have countless means to easily crush Sun Hung Kai Securities!

In the case of computerized trading that will soon be introduced by the Stock Exchange, Wall Street's elite will even be able to devise a specialized trading model. Then, according to the model analysis, the computer automatically buys and sells stocks at high speeds, so as to make profits through intensive short-term trading!

Recently, when the outside world reflects on the reasons for "Black Monday", there is a view that it is the instantaneous and violent fluctuations in stock prices that trigger the selling mechanism in computer program trading, which leads to a large number of automatic selling transactions by computers, which directly destroys the confidence of the entire market.

In order to prevent the stock market from repeating a situation similar to "Black Monday". Some securities experts are already calling for a new circuit breaker mechanism to be added to stock exchanges. In times of unusually violent volatility in the stock market. Temporarily suspend trading on the stock market, thus giving a buffer time for the correction of computer trading indicators!

Advances in technology have made Wall Street investment banks. More and more people are looking for master's and doctoral degrees in physics, mathematics, computer science and other sciences graduated from prestigious universities. With their strong logical thinking skills and mathematical skills, these high-IQ people can capture the law of value that is difficult for ordinary people to find in the ever-changing market. However, Chinese-funded brokerages in Hong Kong like to recruit people who are flexible and able to speak well, and the two are no longer on the same level at all!

Feng Yongxiang was sent by his father to Merrill Lynch on Wall Street for two years as an intern, and he knows very well the strength of international investment banks. The Hong Kong government's preparations to vigorously rectify Hong Kong's securities market this time are definitely an excellent opportunity for international investment banks that have been eyeing each other to break through barriers.

For Chinese-funded brokers, the next competition will be a brutal reshuffle. Feng Yongxiang foresaw this kind of future. So when Li Fuzhao came to the door as a lobbyist, he did not refuse, but happily came to the appointment!

"I don't hide it from Li Sheng and Zhuang Sheng, Uncle Zhao and my father have been old friends for many years, and running the securities industry has been a long-cherished wish for many years, so he resolutely gave up the real estate industry to continue to develop! My father left the west, leaving his ambition unpaid, and it is not suitable for me to sell my ancestral business as a son of man!" Feng Yongxiang said with a sigh.

Seeing that the other party came up with an excuse for filial piety, Zhuang Peizong didn't know how to answer for a while. So I had to look at Li Xuan a few times. And the other person in the dinner, Li Fuzhao, looked like he was traveling overseas, and he had no plans to come out of the round!

Li Xuan smiled lightly and said loudly: "Old Feng, they are the older generation of entrepreneurs. They were far more difficult to start from scratch than the environment in which our juniors are now living in! But when it comes to Mr. Feng's unpaid career, I don't think it's Sun Hung Kai Securities!

Because Sun Hung Kai Securities is Feng Lao's lifelong career. If Feng Sheng is willing to accept our merger proposal, I would like to put the name of the new company after the merger. Designated as 'Asia Sun Hung Kai Securities'. After all, the signboard of 'Sun Hung Kai' is a banner of Chinese-funded securities firms, and we descendants have the obligation to inherit it. The honor and spirit of the older generation of entrepreneurs!

The reason why Asia Securities hopes to merge with Sun Hung Kai Securities is to have the capital to compete with foreign brokerages in the next fiercer market competition. So I never thought of letting Feng Sheng sell your main business cheaply, and Asia Securities very much welcomes Feng Sheng to become a significant shareholder of the new company after the merger!"

A few flashes of brightness flashed in Feng Yongxiang's eyes, he had heard that Li Xuan was a very powerful figure before. But when he listened to Li Xuan's statement just now, he deeply felt that the other party was a very smart person.

Although "merger" rather than "annexation" is only a one-word difference, the gesture of the representative is completely different! The former is a kind of condescending overlook, while the latter is a kind of cooperation of equal exchange.

As the richest man in the world, even if Li Xuan doesn't say anything, the huge wealth he represents will still make people feel suffocated. But the other party at least found him an excuse to cover his shame.

If Feng Yongxiang does not want to lose his reputation for selling his main business, he can retain a part of his equity in the new company. In this way, the transaction between the two sides will be put on a strong alliance and a way out for Chinese-funded brokers!

Just when Feng Yongxiang tasted the taste of Li Xuan's words just now, Li Xuan continued: "In addition to Sun Hung Kai Securities, there is also Sun Hung Kai Bank, and I think this is the old man's unpaid career! I heard before that when Feng Lao signed the equity transfer agreement with the Arab Bank, there was also an attached equity repurchase agreement, I wonder if there is such a thing?"

Feng Yongxiang nodded, and it was difficult to hide a lonely look in his eyes. In the crisis of Hong Kong's future in the past few years, Hong Kong's banking industry was implicated in real estate and the stock market, and there was a violent shock. Small and medium-sized Chinese banks have fallen into crisis, and Sun Hung Kai Bank is also not immune to the doom.

Although Sun Hung Kai Bank did not have large-scale bad debts, it also lost huge deposits due to the serious depreciation of the Hong Kong dollar in the "Hong Kong dollar crisis", and fell into operational difficulties for a while. In early 1985, he transferred 75% of the equity of Sun Hung Kai Bank to the Arab Bank and renamed it Hong Kongbase International Bank.

But Feng Jingxi was actually unwilling to really give up control of the bank, so he left a tail in the equity transfer agreement. When the operating performance of the new bank reaches a certain standard, the Feng family has the right to repurchase a part of the equity! However, only half a year after the signing of the equity agreement, Feng Jingxi died suddenly of a sudden cerebral hemorrhage while on vacation in Canada.

In the following 85 and 86 years, the profits of Gangji International Bank increased significantly, and the right to activate the repurchase clause has been reached. But the first heir of the Feng family's business, that is, Feng Yongxiang's eldest brother Feng Yongfa, has always had no intention of developing in the financial field, and he immigrated to Canada with his family before.

It is also for this reason that Feng Yongxiang, as the second son of the Feng family, shouldered the responsibility of taking care of the Feng family's industry in Hong Kong. However, after Feng Yongfa immigrated to Canada, he began to invest heavily in real estate in Toronto, preparing to gradually sell his part of the inheritance.

According to the previous agreement between the two brothers, after Sun Hung Kai Securities was transferred to Feng Yongxiang, the equity in Hong Kong Base International Bank was transferred to Feng Yongfa's name. Feng Yongfa naturally had no intention of returning to Hong Kong to compete for a controlling stake, and directly asked Feng Yongxiang to serve as a director of Hong Kongbase International Bank and take care of the remaining 25% of the shares for him!

Feng Yongxiang had just heard Li Xuan mention the matter of the Hong Kong-based International Bank, and he knew that the other party had really come prepared! So he now wanted to know very much what kind of conditions this "God of Wealth Li" was going to use to impress himself!

"The Oriental Group is willing to provide Feng Shengyou with a guarantee, and Jiahua Bank and Standard Chartered Bank will provide sufficient financial support to help Feng Shenglai activate the equity repurchase clause and regain a controlling stake in Hong Kong Base International Bank! Moreover, if Feng Sheng needs it, Jia Hua Bank and Standard Chartered Bank can also hold some shares in Hong Kong Key International Bank, so that the two sides can form a closer alliance!" Li Xuan finally offered his true conditions.

Feng Yongxiang is different from his eldest brother Feng Yongfa, he feels that his career is in Hong Kong, so Li Xuan's exchange of the thriving Hong Kong-based International Bank for Sun Hung Kai Securities, which has an uncertain future, is definitely a very cost-effective deal for him!

What's more, Li Xuan also relieved Feng Yongxiang's worries very intimately. You must know that the reason why the Hong Kong-based International Bank has been able to develop so well in the past two years is actually inseparable from the strong credibility brought by the petrodollar of the Arab banks.

And if Feng Yongxiang wants to maintain its performance after re-entering the bank, he must convince depositors and investors that the new team has the credibility and strength to be as good as the petrodollar.

The "God of Wealth Lee" is undoubtedly an excellent replacement, allowing Jiahua Bank and Standard Chartered Bank to strategically invest in Hong Kongbase International Bank, and improve the ability to resist risks in the future by forming a banking alliance that advances and retreats together! )