Chapter 329: HSBC's Olive Branch
On 25 August, Li Hualong and Li Yisong left Hong Kong by special plane and came to Hangzhou, and then took a bus to Ningbo, where they stayed for more than a week, during which they attended the opening ceremony of Ningbo University and the opening ceremony of the first freshmen.
With the approval of the relevant state departments, the Li Yisong Father and Son Foundation spent 100 million Hong Kong dollars less than 2 kilometers away from Ningbo University to purchase the permanent right to use more than 500 acres of land in Ningbo, where he will build the ancestral shrine of the Li family and the cemetery of the Li family, and at the same time, the central government approved the Ningbo government to build a park with an area of no less than 600 acres around this land.
On September 10, the relevant authorities of the United States approved the acquisition of EastWest Bank by Hang Seng Bank, which injected $120 million into East West Bank and acquired a 67% stake in East West Bank.
A few days later, on September 16, Hang Seng Bank hosted a celebratory reception at the Mandarin Oriental Hotel to celebrate its holding of East West Bank.
Before entering the reception, Li Hualong was interviewed by several reporters.
"Mr. Li, Hang Seng Bank is one step ahead of HSBC to control the Bank of China, how do you feel about this?" A male reporter in his thirties asked.
"I don't have any special feelings. Buying a company is not a race, whoever runs fast wins. I hope not only that Hang Seng Bank's acquisition of East West Bank will be successful, but also that Hang Seng Bank's acquisition of Ocean Millan Bank will be a great success. ”
"Mr. Li, are you a shareholder of HSBC?" The female reporter standing on the side hurriedly asked.
"Yes. I have some HSBC stock in my hands. Li Hualong smiled.
"Do you have any plans to join the HSBC board?" The female reporter asked again.
"I don't plan to do it yet."
The next day, Shen Bi, chairman of HSBC, learned that Li Hualong held HSBC shares, and he sent someone to investigate and learned that not only did Li Hualong hold HSBC shares through his wholly-owned investment company, but his father and brother also held HSBC shares, with a shareholding ratio of as high as 22 percent.
Shen Bi was well aware of Li Hualong's influence in the Hong Kong business community, and he took the initiative to invite Li Hualong to join the board of directors of HSBC, but Li Hualong politely refused.
Li Hualong recommended Li Huahu to Shen Bi, and he felt that since he had become the chairman of Hang Seng Bank. There are many inconveniences in serving as the vice chairman of HSBC, and Li Huahu holds 6% of the equity of HSBC and can fully serve as the vice chairman of the board of directors of HSBC.
Li Hualong didn't think about recommending Li Huawen at all. Lee is now the chairman of the Bank of East Asia.
Shen Bi immediately expressed his acceptance of Li Hualong's recommendation, and he recommended Li Huahu to serve as the vice chairman of the board of directors of HSBC.
After finishing the meeting with Shen Bi, Li Hualong returned home and made a phone call to Li Huahu, who was in Macau.
"Third brother, why did you think of calling me?" Li Huahu asked with a smile.
"I'll give you a call. What's all the fuss. Li Hualong smiled.
"You haven't called me in a long time." Li Huahu smiled, "Say, what's the matter?" ”
"I don't know what Shen Bi has done, he wants me to be the vice chairman of the board of directors of HSBC."
"That's a good thing." Li Huahu smiled, "No, you said before that you don't want outsiders to know that our family holds a large number of HSBC shares. ”
"Yesterday, I announced that I hold some HSBC shares, and it is estimated that Shen Bi has done some investigations. I pushed it off. However, I suggested to him that you serve as Vice-Chairman, and he agreed. ”
"What?" Li Huahu was stunned when he heard this.
"You're not interested?"
Li Huahu pondered for a moment and said with a smile: "I am a little interested, HSBC is a big bank, and it is quite face-saving for me to be able to serve as the vice chairman." ”
"Then it's decided. When you return to Hong Kong, I will ask Shen Bi to come to my house as a guest, and when the time comes, you will also come. You have a good talk with him. ”
"Okay. Hehe, thank you, third brother. ”
"You're welcome, I remember that you own 6% of HSBC's shares, and you didn't sell it to cash out, did you?"
"You didn't give me advice to sell and cash out. I've kept it. Li Huahu smiled, "I have plenty of money in my hand now, do you want to buy some more HSBC stocks?" ”
"Sell it or not, you can make up your own mind."
"Have you ever wondered when to sell and cash out?"
"It depends, maybe next year. I will sell some of the shares and cash out the funds to Sheng Rui and Linqi. ”
"Sheng Rui is married, you want to split up with him, it's normal, Ke Linqi is not married yet...... No, Lynki is getting married, right? ”
"She and his boyfriend are getting along well and plan to get married next year."
"Isn't that Li ...... Lee what? Li Haochuan, isn't it? ”
"That's right, it's this kid, I saw him many times before Sheng Rui got married, quite a good young man."
"I also feel that he is good, and Lynki's vision is good."
"You know him?" Li Hualong asked with a smile.
"When Sheng Rui got married, he wasn't the best man, I chatted with him a few times, and the impression he gave was quite good." Li Huahu smiled slightly and sighed, "Time flies so fast, Linqi is getting married." ”
"Lin Qi is older than Sheng Rui, my brother is married, and my sister should also be married."
"Lin Qi and Sheng Rui are not big, hehe, you just want your children to get married as soon as possible?"
"As long as you meet the right person, it's good to get married early, start a family first, and then start a business."
"After the separation, what industry do you want Sheng Rui and Linqi to be engaged in?"
"It's up to them to like it. Sheng Rui is interested in entering the real estate and banking industries, and Lynge is planning to buy several European high-end clothing companies, and she aims to create the world's largest luxury job. ”
"Lynki's ambition is not small." Li Huahu smiled, "After she gets married, how much dowry can she get?" ”
"I plan to give her HK$3.6 billion, and if she has an investment project and the funds are not enough, as long as I think the project is good, I will provide a guaranteed loan."
"Lynkie created a luxury company, and you don't plan to take a stake?"
"I personally don't take a stake, the family trust holds some shares."
"That's a good idea."
"I've always had a lot of ideas." Li Hualong smiled, "Okay, I won't talk to you anymore, I still have something to do here." ”
"I'll go back to Hong Kong in two days, and I'll call you before I go back."
"Okay, bye-bye!"
At the end of September, Li Huahu became the chairman and vice chairman of HSBC, which caused quite a stir after the news was announced.
After Li Huahu joined the board of directors of HSBC, within a few days, HSBC purchased another 10% stake in Ocean Millan Bank, and HSBC obtained 51% of the equity of Ocean Millan Bank, for which HSBC invested 312 million US dollars, after which Ocean Millan Bank was renamed SITC Bank. (To be continued.) )