Volume III Aftermath 74 Talking about the three major consortia of the Republic of China
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The aftermath of the third volume 74 talks about the three major consortia of the Republic of China
Chinese like to talk while eating, and Li Yutang is no exception
"Situ Gongzi, the old man has prepared a banquet, just waiting for you to come. It just so happens that I have something to talk to you two young people about. Li Yutang smiled and invited Situ Nan and Lin Yimin into the house.
It is naturally good to let Situ Nan spend four million to buy the house, although the price is much higher because of a joke, but Situ Nan thinks it is worth it.
When passing by the living room, Situ Nan saw a blue and white porcelain in the hall, which was very precious and gorgeous, and Situ Nan liked it at a glance.
I was in a hurry last time, and I didn't have time to take a closer look, but now I suddenly found such a treasure, Situ Nan was happy to see the hunt, and his attention was immediately attracted by the elegant and clean blue and white porcelain, his eyes stared at the blue and white porcelain, and he could see at a glance what expression on his face.
"Situ Gongzi, don't be anxious. I'm not going to bring this bottle to Hong Kong, so I'll leave it to you! And I don't plan to take most of the belongings in this house with me, so I can count it as a favor for you! β
Li Yutang said with a smile.
The things in this house left for Situ Nan were barely worth the high price that Situ Nan paid when he bought the house. He still has a lot of things like this in his home in Hong Kong.
"How embarrassing is this?" Situ Nan smiled reluctantly, he really liked the antiques in this house, "Why don't I pay for it!" β
Situ Nan longed.
"This is too outspoken, I said that I will send you to you, I, Li Yutang, am not a person who takes advantage of people casually." Li Yutang frowned, glared at Situ Nan a little angrily.
"Butβ"
"No, but!" Li Yutang's face was pale, looking at Situ Nan's sincere eyes, his attitude eased again, and sighed, "Now the situation in Guangzhou disappoints me, I am also old, I don't want to participate in these rights and wrongs anymore, just go back to Hong Kong to retire." The house is also fate for you, and I have a lot of things, and I don't bother to take away these bottles and cans. β
Situ Nan had no choice but to give up! I probably know the other party's thoughts, and I am secretly grateful in my heart.
"I wonder where the absinthe has grown? I'd like to ask him how he's been doing lately. β
Situ Nan thought to himself.
After returning to China this time, he is ready to be a "house thief", and Absinthe is the spokesperson he designed to steal treasures, but it will be too hypocritical to "protect" cultural relics in this way?
The Li family prepared a few good side dishes for Situ Nan and them, which were not extravagant but very real, which showed that the Li family was not the kind of extravagant family they imagined.
Situ Nan felt that the taste was good, a bit of a homely taste, and couldn't help but have a big appetite.
He brought Lin Yimin with him tonight, naturally for the sake of Meihua, to be precise, for the affairs of Meihua Bank.
After three rounds of drinking, Situ Nan put down his chopsticks, wiped his mouth, brewed for a while, and said: "Old Li, I can't hide it, I have a reluctant request, I want to apply to you on behalf of Meihua Company, we want to invest in Guangdong Bank Company." β
After speaking, he looked at Li Yutang expectantly.
And Lin Yimin next to him hurriedly agreed: "Meihua is absolutely sincere, and the price we offer will definitely not make you suffer." β
Lin Yimin said confidently.
The Bank of Guangdong (Company) was founded in 1912 by Lu Pengshan, an overseas Chinese in San Francisco, USA, who saw that there was a lack of Chinese-funded banks in Hong Kong, so he initiated the organization of the Guangdong Bank Company, and Li Yutang, Li Zizhong, Li Xingqu and other wealthy overseas Chinese businessmen of Guangdong origin also joined the Guangdong Bank Company, raising funds as high as 1.2 million, becoming one of the largest Chinese banks at that time.
Since then, Chinese-funded banks have sprung up in Hong Kong, and Chinese-funded banking industries such as the Bank of East Asia, the Bank of Hefeng, and the National Commercial Savings Bank have followed.
After the First World War, the Bank of Guangdong opened four branches, in addition to the headquarters in Central, Hong Kong, and three branches in Guangzhou, Shanghai and Hankou, and the scale has swelled to 4 million yuan. However, after the war, European banks made a comeback, and the banks of Guangdong came under greater pressure, and their development gradually slowed down.
On the contrary, it is a freak like the American-Chinese Bank, with the continuous financial support of Situ Nan, and the advantage of American capital, to be invincible in Nanyang, China and other places, and instead become a giant in China's banking industry.
As a rising star, although it cannot take advantage of its political and military advantages at every turn to obtain privileges in major cities along China's coast like HSBC, CrΓ©dit Agricole, Jincheng and other major banks, Meihua also has its own ability and strength, and it is closer to Chinese businessmen, and has a relatively harmonious relationship. But catching a mouse is a good cat, and no one can ignore the deposit of the American-Chinese Bank.
"What's the price? Tell me about it? Li Yutang said noncommittally.
He guessed one or two about Situ Nan's intentions, and also knew that Lin Yimin was now the person in charge of Meihua Company (China), and he had recently made the construction of Dongshan New Town a sensation.
He also knew that behind this qiΔ, the biggest talker was Situ Nan in front of him. A young man who few people know, but has a strong influence. The terrible thing is that this young man owns more than just Meihua!
"The afterlife is terrifying!" Li Yutang sighed secretly in his heart. If his own son had lived to this day,
Thinking of this, Li Yutang's face twitched slightly, a trace of grief flashed in his eyes, and he complained a little about the revolutionary party that instigated his son to "make trouble".
Lin Yimin didn't know that with his eyes squinting in front of him, Li Yutang, who looked scheming, had just experienced such a complicated change in his heart.
He said cheerfully: "Our offer is 2.1 million yuan for a 51% stake in the Bank of Guangdong. At least not less than 30% of the shares, the price is negotiable. β
Lin Yimin didn't know, but Situ Nan noticed the instant change in Li Yutang's heart, and just felt that everyone had their own secrets and ideas. Well, this Li Yutang is definitely a person with a story.
Situ Nan made a conclusion in his heart.
"Little offspring, ambition is not small! But the price is fair. Li Yutang nodded, his attitude was still indifferent.
"It's not small. In addition to the Bank of Guangdong, we are also interested in other banks. Because the U.S.-China Bank wants to become the core of the South China consortium. Situ Nan said confidently.
"Our Chinese-funded banks are small, and they have lost a step in terms of policy in terms of competition with those Western capitals, and if we do not unite and concentrate our forces, we will not be able to compete with foreign banks with deep pockets. Moreover, in terms of management, foreign banks have more experience than Chinese banks. β
Situ Nan interjected a very unambitious sentence, which made Li Yutang frown slightly.
"But we also have our strengths. In recent years, China's capital has developed rapidly, and although European forces have made a comeback since the end of the world war, China's development is still moving forward on the whole, which is also an opportunity for Chinese banks. So we are all more optimistic about this market. β
Situ Nan explained.
"I believe that in the next 10 years, Chinese-funded banks will further develop and form a consortium in Jiangsu and Zhejiang with Shanghai as the core, a consortium in North China with Tianjin as the core, and a consortium in South China with Guangzhou as the core.
Among them, the Jiangsu and Zhejiang consortiums are the strongest, and Shanghai is the industrial and commercial center of the whole of China, there is no doubt about this. Jiangsu and Zhejiang provinces are the production bases of China's traditional silk industry and tea, and at the same time, they have also developed light industries such as textiles and grain processing, as well as Shanghai's light and heavy industries of acceptable scale and increasingly developed financial industries, and the Jiangsu and Zhejiang consortium will be the most decisive force in China's economic circles. β
This point, "history" has long been witnessed, without the Jiangsu-Zhejiang consortium supplying blood again and again, there would be no Lao Jiang who successfully cleaned up the domestic warlords and climbed to the top step by step!
Li Yutang heard that Situ Nan had some truth, so he became interested and asked, "What about North China?" β
"The North China consortium is mainly a capital group dominated by the Beiyang warlords and bureaucrats, who are both officials and businessmen, and can use the power in their hands to seek economic benefits. Which of the Overseers isn't good at scraping? Which one is not fat-headed, big-eared, and has a lot of money? β
Speaking of this, Situ Nan couldn't help but despise those mediocre and shrewd bureaucrats and businessmen. He changed his words and said: "However, the North China consortium is not all muddy people, and there are some people of insight. Like Zhou Xuexi, who founded Qixin Gray, Lord Zhou is quite okay. Unfortunately, most of the important industries such as coal and iron ore in the north were in the hands of the British and Japanese. β
Situ Nan shook his head, and at the same time he thought of the Japanese capital that was now investing heavily in the Northeast, although the old bandit Zhang Zuolin got a lot of things from the Japanese, but the Japanese got even more from the Northeast. When Lao Zhang died, all the industries that Lao Zhang's family worked hard to run fell into the hands of the Japanese.
Well, it seems that it can also be described as a mirror. Therefore, Situ Nanming knew that the Northeast was the most suitable place to invest in heavy industry, and he had the heart and capital, but he was afraid that the Japanese would be cheaper in the end.
"There is one left, talk about the South China consortium in your mouth." When Li Yutang heard the most energetic, he saw Situ Nan stop, so he urged.
Situ Nan shook his head, and under Li Yutang's urging, he said, "South China Foundation, what do you say?" Some are complicated, and some are not the same as the above two consortia, which can also be said to be the Nanyang Consortium. Fujian and Guangdong have a tradition of doing business with foreign countries since ancient times.
Fujian and Guangdong merchants are more open, easy to accept new things, and at the same time have accumulated a lot of money in overseas trade, Li Lao, didn't you dig the first pot of gold from overseas trade?
After the development, overseas Chinese businessmen in Nanyang have returned to China to invest and start businesses, such as Li Laoyou, Lu Pengshan, Li Zizhong, and Li Xingheng, directors of the Bank of Guangdong, are typical representatives, and you have opened up a new era of development of Chinese-funded banks in Hong Kong. When banks and industry are combined, a consortium is formed.
Businesses like the Bank of East Asia and the National Savings Bank are also part of the South China consortium. In addition, there are several Chinese families in Nanyang, such as the Zhang Bishi family, the Huang Zhonghan family, the Lu You family, etc., which can also be regarded as a consortium. These Nanyang Chinese consortiums have close ties with the commercial and political circles of Fujian and Guangdong provinces, and if the Chinese consortiums in Guangzhou, Hong Kong and Nanyang are merged, will this soon be the Nanyang consortium? β
"That's a good point! It's the first time I've heard this interesting statement! Li Yutang smiled slightly, rarely took the initiative to refill Situ Nan's tea, and suddenly asked, "What about the Meihua Foundation?" β
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