Through the wealth life

Chapter 663 Interest Binding
On Li Guangyu's side, Li Guangyu told them about his side's cooperation with the Sumitomo consortium to acquire Wing On Bank.

Those present here have no objection to deepening the cooperation with the Sumitomo Foundation. They are very clear that the reason why they can develop so smoothly in Japan is that the Sumitomo family has provided them with the most help besides the Fujiwara family and the Ito family.

Feng Jingxi said: "Guangyu, it seems that our pace of entering the mainland market will be accelerated. The consortiums and families in Japan also attach great importance to the mainland market. In the future, the biggest competitor we will face in the mainland market will probably be them. gone."

Li Guangyu naturally knows how much Japanese products will account for in the mainland market in the future. No matter how the relationship between the mainland and Japan changes, many high-end products will be dominated by Japanese groups.

As for Xiangjiang, in addition to real estate in the mainland, its investment in other industries and even in the future cannot compare with Baodao's investment in the mainland.

But the better thing is that Li Guangyu is very clear that Xiangjiang will have more policy advantages in the mainland than Japan, which is one of the reasons why the Sumitomo consortium came to Xiangjiang to acquire Wing On Bank.

Obviously, they are also very clear that Xiangjiang will have more advantages than their country in the mainland. Many industries can be entered by Xiangjiang, but Japan cannot enter.

Li Guangyu said: "In the past two years, we can't be too anxious. The mainland's reform and opening up is still exploring. I believe that with the passage of time, there will continue to increase reform and opening up, and it will be easier for us to enter. At present We still focus on Guangdong Province, especially in several special zones, and temporarily suppress other places.”

Li Guangyu knew that after 84, the mainland would open up more, it would be more convenient for them to invest in the mainland, and the policies there would be more perfect.At present, we still need to focus on Southeast Asia to stabilize the market in Southeast Asia.

With the thunderstorm of Wing On Bank in the past few days, more and more family heads came to Zheng Yutong, Ho Hongshen, Li Ka-shing and others, hoping that Zheng Yutong and others could give them some help and help them overcome this difficulty.

Now they also want to know whether the property market in Xiangjiang has bottomed out and whether the banks can get better, so that they can decide whether to help some people who come to ask for help.

After all, these people have little to do with their interests, and it is impossible for them to spend huge sums of money to support them.

Li Guangyu said: "The real estate market is still early this time, and there are relatively serious problems in the banking sector. There is no hope of recovery in a year or two. Especially in the real estate market, I am afraid it will continue to fall. Just look at some How long can the group last, if some groups can't hold on, it is estimated that the property market will plummet again."

All the people here are well-informed. They know very well that both Hang Lung Group and Great Eagle Group are under great pressure. If these two groups collapse, the property market in Xiangjiang will be even more tragic.

In the past two years, these two powerful Chinese-funded developers in Xiangjiang are the most active, acquiring a lot of land, and the group's business has expanded rapidly in Xiangjiang, which has also led to their current situation.

Li Ka-shing said: "Guangyu, Bao Yugang asked me to tell you about the issue of the shares of Cathay Pacific Airways, and asked what our plan is here. Huo Yingdong and Hu Yingxiang are eager to make a move to alleviate some of their current difficulties."

Huo Yingdong, Hu Yingxiang and Cao Guangbiao bought Cathay Pacific each with an investment of more than 11 billion Hong Kong dollars, occupying 20% ​​of the shares of Cathay Pacific. At that time, a lot of their funds were borrowed from banks in the form of group shares.

This crisis has hit them hard, especially Hu Yingxiang's Hopewell Holdings. Now it is estimated that the funds there are also in a tight situation, so they are eager to cash out the shares of Cathay Pacific Airways.

At present, Cathay Pacific Airways is not only unable to bring them any profits and benefits, but also needs to inject millions of funds into Cathay Pacific Airways to maintain the normal operations of Cathay Pacific Airways.

Li Guangyu said: "Uncle Li, it's up to you to decide on the issue of Cathay Pacific Airways this time. Our Tianyu Investment Company will not take a stake in it. The three investment companies of Xiangjiang Zhonghua, Xinya and He's will take over there. A part of the shares, preferably no more than 45%, should be controlled by the Singaporean consortium, so that they will work hard to develop markets in Singapore, Malaysia and Indonesia."

Li Guangyu didn't care about buying the shares of Cathay Pacific from Huo Yingdong and others now. Anyway, they had already decided on the future development of Cathay Pacific, and there would not be too much conflict with the development of Xiangjiang Airlines.

One of the issues discussed was Wu Guangzheng's joining their group. It was really difficult for them to decide on this matter.If it wasn't for the fact that some of them had a good relationship with Bao Yugang, they would have rejected them immediately.

On their side, they were joined by representatives from various families, and Bao Yugang sent Wu Guangzheng here, which made some people feel rather speechless.So after such a long time, there is still no reply to Bao Yugang.

Li Guangyu is really not easy to talk about this matter, Bao Yugang himself wants to stand there, and also hopes that the future development of his family will not be affected, and he will integrate into his own interest group.

It's just that there is no such good thing in the world. Li Guangyu is not very happy about Bao Yugang's operation. At present, all the major families of his own interest group are tied together. Through the form of cross shareholding, the major groups let everyone One prospers all prospers and one suffers all losses. Everyone's position is the same, and we jointly safeguard the interests of this interest group.

Bao Yugang's behavior obviously cannot make the Bao family, like their families, devote all their efforts to the interests of their group.

Li Zhaoji, Guo Desheng and Feng Jingxi, the Three Musketeers of Xinhongji, and Bao Yugang did not have much friendship, and they were unwilling to accept such a situation.

Guo Desheng said: "Wu Guangzheng has not become the helm of the Bao family for a day, so we can't let him join our team. Sometimes Yugang still takes it for granted. The successor will come to our side, so as not to affect the development of his family business and prevent the decline of his family business."

It’s hard for Li Ka-shing to say too much. He has a good relationship with Bao Yugang in the past few years, but their interest group is not in the same direction as Huo Yingdong and Hu Yingxiang. On some issues of interest, the opposite happens.

Since some members disagreed, he had no choice but to reject Bao Yugang's proposal.

Later, Li Guangyu discussed with them the issue of Wing Hang Bank. This time, the three major investment companies will inject capital into Wing Hang Bank, and at the same time, Li Guangyu's shares will be withdrawn.

At that time, Feng Jingyao's family will occupy 15% of the shares, Xiangjiang Zhonghua Investment Company will occupy 30% of the shares, Xinya Investment Company will occupy 20% of the shares, Ho's Investment Company will occupy 20% of the shares, and Tianyu Financial Group will occupy 15% of the shares.

In the future, Wing Hang Bank will be the flagship bank of this interest group. At the same time, various forces will make Wing Hang Bank bigger and stronger, so that Wing Hang Bank can become one of the top banks in Hong Kong.

As for Tianyu Bank, it will mainly serve the Li's consortium's own property in the future, and Li Guangyu has no plan to take out Tianyu Bank.

……

(End of this chapter)