Chapter 192: A Bloodless Battlefield
The next morning, Li Hualong made a phone call to He Shanheng, and when he learned that the other party was at home, he said that he wanted to visit.
"Come on, have lunch at my house at noon today, and the two of us have a few drinks."
"Uncle Ho, what do you want to drink today?" Li Hualong asked with a smile.
"If you want to be white, the Moutai aging that I drank at your house before is good, if you have it, bring the bottle over."
"Yes, today, we must have a good drink."
After hanging up the phone, Li Hualong personally went to the basement and took out a box of Kweichow Moutai liquor produced more than ten years ago, although he knew that if this kind of wine was repeated, a bottle could be sold for hundreds of thousands of yuan, or even millions of yuan, but he was not reluctant to drink it.
Li Hualong has long stockpiled a large amount of good wine, even if he drinks with five or six friends every day, he will not be able to drink it all in his life.
Li Hualong took a box of Moutai wine to He Shanheng's house, He Shanheng was very happy to see the wine, and asked with a smile: "Ah Long, how much wine do you have hidden at home?" ā
"I don't know the specific number, but when I encounter good wine, I buy more, in addition to the basement at home, I also deliberately store a lot of good wine in the basement of Carrefour's warehouse." Li Hualong smiled heartily, "If Uncle He likes to drink Moutai, every once in a while, I will send you a few boxes." ā
"No need, I'm going to learn from you, buy more good wine in the future and store it, and keep it for drinking slowly.!"
"I think storing fine wine is also an investment."
"I feel the same way, the red wine of the French first-class winery, the better the vintage, the longer it is stored, the more expensive the price, the price increase is higher than the bank loan interest rate, it can be said that sometimes, the loan to buy red wine. All have to make money. ā
"In the future, I will have the opportunity to buy a winery in France."
"That's a good idea, when you buy a winery, you can invite me to be a guest."
"Definitely!"
After chatting a few words, He Shanheng and Li Hualong chatted about the listing of Hang Seng Bank, and after some conversation, the two reached a lot of consensus.
The next Monday, at around 9 a.m., the directors of Hang Seng Bank and more than a dozen senior executives gathered in the conference room of the bank's headquarters building to discuss the listing.
Chairman Ho Shanheng spoke first: "Hang Seng Bank can develop and grow rapidly. I have an inseparable relationship with all of you, and I would like to thank you on a personal note. I am very excited to see the listing of Evergrande Bank sitting here today to discuss the listing of Hang Seng Bank. I know that Mr. Li Hualong is more qualified than me to sit in the position of chairman......"
Li Hualong interrupted with a smile: "Uncle He, you are here, I don't dare to be the chairman." ā
"Hualong, don't be modest, all these years. I think you all know about your contribution to Hang Seng Bank. In the six or five years of the run-on turmoil, without your help, Hang Seng Bank would have fallen into the hands of others. Words of thanks. I won't say more. He Shanheng smiled heartily, looked around at everyone, and continued, "Before the listing of Hang Seng Bank. I will continue to serve as Chairman of Hang Seng Bank, and I will automatically resign as Chairman after Hang Seng goes public. I was able to see Hang Seng listed, and I was content in my life. I have elected Mr. Li Hualong as the next chairman of Hang Seng Bank, and those who agree to Li Hualong as the next chairman of the board of directors are invited to raise their hands. ā
Except for Li Hualong, everyone present raised their hands.
There are several executives who do not own shares of Hang Seng Bank, and who is the chairman of Hang Seng Bank, they can't make a decision at all, but when they hear Ho's words, they all raise their hands in support.
"Thank you for your support." Li Hualong smiled, "When I become the chairman of Hang Seng Bank, I will nominate He Bo to be the vice chairman of Hang Seng Bank." ā
He Shanheng saw that Li Hualong closed his mouth and no one else answered, so he smiled and said, "Hualong, you can say a few more words." ā
"Good!" Li Hualong thought for a moment and said, "First of all, I want to tell you that I am very optimistic about the development prospects of Hang Seng Bank, and the listing of Hang Seng Bank is not the end, but a small www.biquge.info of Biqu Pavilion. I firmly believe that with the efforts of all my colleagues at Hang Seng Bank, Hang Seng Bank will become the largest bank in Hong Kong and even the largest bank in the future. Some people may say that I am dreaming, but I firmly believe that one day it will come true. ā
Li Hualong said and took a sip of tea, and continued: "More than twenty years ago, I just graduated from the University of Hong Kong, no, I haven't graduated yet, and at the beginning of 1949, I decided to stay in Hong Kong instead of returning to the magic capital. At that time, the economy of the magic capital was far more developed than that of Hong Kong. With the two to three million Hong Kong dollars of start-up capital provided to me by my father, after more than 20 years of development, I have become the richest person in Hong Kong. I'm in my forties now, and I believe that I can struggle for another twenty years, and I can tell you a secret, my personal dream is to become the richest person in the world, hehe, it's a secret, don't tell others, you just know. ā
"Everyone must keep it a secret." He Shanheng said with a smile.
Many people present had smiles on their faces, and Li Hualong smiled and said, "What Uncle He said is right, you must keep it secret." Looking back, I am a little emotional, I still remember clearly that in early December 1952, I invested 1 million Hong Kong dollars and obtained 15% of the shares of Hang Seng Bank. Now the market capitalization of Hang Seng Bank is valued at 2.4 billion, and 15% of the shares are worth 360 million Hong Kong dollars. To be honest, in my mind, the market value of Hang Seng Bank is more than 2.4 billion, and when I go public and issue new shares, I will participate in the subscription of new shares. In Hong Kong, HSBC is stronger than Hang Seng Bank, and compared with the banking giants in Europe and the United States, the gap between Hang Seng Bank and the banking giants in Europe and the United States is still very large, but I believe that as long as we make unremitting efforts, one day, Hang Seng Bank will become an industry giant that European and American bankers look up to...... Hehe, I've said a lot, I haven't become the chairman yet, and it's not time to give my inaugural speech. Now, I would like to ask Chairman He to say a few words. ā
After Li Hualong finished the last sentence, he picked up the teacup and drank the tea.
"I listened to Hua Long's words and was very excited, and I really hope to see Hang Seng Bank become a giant in the global banking industry in my lifetime. To be listed, how many shares to issue, and how much to issue at a price...... Let's not talk about these issues for now, let's talk about shares and equity first. Hang Seng Bank now has a total share capital of 50 million shares, of which 41 million shares have voting rights, Li Hualong holds 29 million shares, and the voting shares are 20 million shares, and he holds more than 48% of the shares. If the bank goes public, with its financial resources, it can easily obtain a controlling stake. I think for the long-term development of Hang Seng Bank, Li Hualong's shareholding ratio should be increased...... I built yƬ, Li Hualong's 9 million shares without voting rights became voting shares, which is conducive to the stability of Hang Seng Bank. ā
Before the board meeting, Ho Shanheng privately contacted several five board members who were not appointed by Li Hualong, and he expressed his thoughts on the change of shareholding, and all five of them agreed. But this kind of thing needs to be said again in public.
"I agree!" He Tian raised his hand.
"I agree!" Several shareholders agreed.
Except for Li Hualong and He Shanheng, everyone raised their hands.
He Shanheng looked at Li Hualong with a smile and said, "Hualong, from now on, you are the absolute controlling shareholder of Hang Seng Bank." ā
Li Hualong sincerely thanked: "Thank you Uncle He, thank you for your support!" ā
He Shanheng smiled and said: "You really want to thank everyone, then you will contribute more to the development of Hang Seng Bank in the future, and we, the small shareholders, will follow you to eat, and Hang Seng Bank will be good." We're having a good time! ā
"I'll try!" Li Hualong smiled, "I hope that all my colleagues can work together with me, and I believe that every day will be better!" ā
"Now let's talk about what we need to prepare for the listing of Hang Seng Bank." He Shanheng said. "Now Hang Seng Bank has a total share capital of 50 million shares, and if it goes public without splitting the shares, the price of the stock will be higher, which will raise the investment threshold. This is not conducive to the issuance of new shares. I build yƬ, one share split into ten shares, if the market capitalization of Hang Seng Bank is valued at HK$2.4 billion. That share price is HK$4.8...... What do you think? ā
Li Hualong immediately answered: "Uncle He, the market value of Hang Seng Bank is set at 2.5 billion Hong Kong dollars, and if it increases by 100 million Hong Kong dollars, the price-earnings ratio will not increase much." In this way, when issuing new shares, the direct price is 5 Hong Kong dollars, and each lot of 100 shares is exactly 500 Hong Kong dollars, so as to avoid investors needing to change when buying stocks. ā
"Yes, I agree!" He Shanheng nodded with a smile.
Li Guowei and other directors expressed their agreement, and Li Guowei smiled: "Since everyone agrees, then it is so decided, the total share capital of 50 million shares has been changed to 500 million shares, and shareholders who hold Hang Seng Bank shares can add a zero to the number of shares." ā
Li Hualong smiled and said: "I will issue 100 million new shares!" ā
"I'm for it!" He Shanheng nodded with a smile and said, "Hualong, if 100 million new shares are issued, the total share capital of Hang Seng Bank will reach 600 million shares, and if you continue to absolutely control Hang Seng Bank, you need to subscribe for more than 10 million shares." ā
"Then I will subscribe for 15 million shares, with a 51% shareholding." Li Hualong said in an affirmative tone, "I promise that in the next five years, the shareholding ratio will not be less than 51%, and if the stock price falls, I will consider increasing my shareholdings." āļ¼
Li Hualong felt that other shareholders were willing to make him an absolute controlling shareholder, so when issuing new shares, he naturally had the right to subscribe for new shares and maintain his absolute controlling position.
A few days later, Hang Seng Bank applied to change its registration information, the total share capital became 500 million shares, the paid-in capital increased to 2.5 billion Hong Kong dollars, and Li Hualong was the absolute controlling shareholder, he held 290 million shares, each of which had voting rights.
In late July, Hang Seng Bank submitted a listing application to the Hong Kong Stock Exchange and announced the news at the same time.
Hang Seng Bank plans to issue 100 million shares at an issue price of HK$5 per share to raise HK$500 million.
When Hang Seng Bank applied for listing, it released various operating materials, and few investors who were ready to invest in Hang Seng Bank's shares would be willing to seriously study these documents.
In Hong Kong, Hang Seng Bank's biggest competitor is HSBC. HSBC has already been listed, the company's stock price, and what is the market value, this is the most intuitive information, many newspapers in Hong Kong will publish this information, and HSBC in the past few years, how much profit, how much dividends, and how many times the price-earnings ratio, investors spend some thought, you can view.
In order to let investors have a better understanding, Li Hualong personally wrote an article to comprehensively compare the operating figures of Hang Seng Bank and HSBC, he told investors that if the development potential of the two banks is the same, compared with the current stock price of HSBC, the issue price of Hang Seng Bank is too high, and finally, he said that he will subscribe for 15 million new shares, and after listing, he is still the absolute controlling shareholder of Hang Seng Bank.
Today, Ming Pao is the newspaper with the largest circulation in Hong Kong, and Li Hualong's articles are published in Ming Pao, which naturally attracts a lot of attention.
Many citizens who have never opened a securities account read this article and moved the idea of investing in Hang Seng Bank stocks and other stocks, and deliberately went to the securities company to open an account.
After Li Yisong saw the article written by Li Hualong in the newspaper, he asked with a smile: "Ah Long, you are writing this article to build momentum, hoping that more investors will buy the shares issued by Hang Seng Bank?" ā
"The mountains are not high, there are immortals. There is not much money to subscribe for shares, and it is enough to be able to sell out the new shares. Li Hualong said with a smile, "I am writing this article in the hope that investors can better understand the affairs of Hang Seng Bank before buying Hang Seng Bank shares." ā
"I feel that after the listing of Hang Seng Bank, the stock price will rise or fall, and it will not have much impact on you. I will remember that a while ago, at the board of directors and senior management meeting of Hang Seng Bank, you made a promise that within five years, you would not reduce your stock holdings and the stock price would fall, and you would consider increasing your stock holdings. ā
Li Hualong was slightly stunned, and said suspiciously: "I said such a thing?" ā
"I remember it clearly."
"Maybe." Li Hualong sneered, "Yesterday I was still thinking that if the stock price of Hang Seng Bank skyrocketed, I would sell some stocks to cash out, and since I made such a guarantee, then I will not buy stocks for five years." ā
"Do you really want to sell stocks?"
"Hmm!" Li Hualong nodded, "I feel that this bull market will continue for a while, and I am a little worried that the stock price of Hang Seng Bank will be speculated, the stock price will rise and fall, and many small shareholders will lose a lot of money." In the future, when the Hang Seng Bank stock is overvalued, I can express my thoughts to the outside world, and sell the stock to cash out to curb the stock price from soaring. ā
"If you hold less than 50% of the shares, you are no longer the absolute controlling shareholder, and when the stock price falls, you want to increase your shareholdings, you can issue a general offer."
"I don't have to come forward, it's the same to let the eldest brother and the fourth brother absorb the dip."
"And what are you going to do now?"
"Let's talk about it when it goes public. The soldiers will block, and the water will cover the earth. ā
"Is it such an exaggeration as you say?!" Li Yisong quipped.
"Financial markets are bloodless battlefields." (To be continued......) R1292