Through the wealth life

Chapter 667 Xiangjiang Bank
This time, Sumitomo Kimura's acquisition of Yongan Bank went quite smoothly. In less than half a month, Yongan Bank officially became a bank controlled by Sumitomo Bank.

With Wing On Bank being jointly taken over by Sumitomo and Li's consortia, the run on banks in Hong Kong's financial industry has finally eased a little bit, and it is not as tense as before.

This also made Governor Youde and Hong Kong Financial Management Bureau Director McBurney Deshaun secretly relieved.

In the past few months, the pressure on them has been a bit heavy. Xiangjiang is currently mainly relying on the real estate industry and the financial industry as support.

The current collapse of the real estate industry is a foregone conclusion. If the financial industry is in turmoil, the economic development of Xiangjiang is likely to go backwards.

Li Guangyu himself didn't pay too much attention to the affairs of Yongan Bank. He just sent a financial manager there. At the same time, Xia Xueping, the general manager of the administrative department of Tianyu Financial Group, and the deputy general manager of finance at Yongan Bank served as directors of Yongan Bank.

On the morning of December 12th, Li Guangyu went to the headquarters of Wing Hang Bank. The equity change of Wing Hang Bank has been completed. At the same time, the bank has also changed its name. Today, their major shareholders attended the unveiling ceremony of the bank name change in person.

The reason for such an action this time is that the current financial market in Xiangjiang is not very good, and their presence this time can let the citizens of Xiangjiang see the strong strength of the bank.

The second is to expand the influence of the bank. Li Guangyu and the others are committed to making this bank comparable to HSBC and Standard Chartered. In the future, the right to issue Hong Kong dollar notes will no longer be contested by Tianyu Bank, but will be contested by this bank in the future Interests in the right to issue banknotes in Hong Kong dollars.

The name of this renaming is not too poetic. The name of Wing Hang Bank has officially entered history from today, and Xiangjiang Bank has entered the eyes of the public.

Many forces have different interpretations of this name. Some forces think that the Li consortium and its interest groups are ambitious, as can be seen from the name of this bank. They are obviously rushing to become the number one bank in Xiangjiang.

At the same time, some forces have made deeper speculations. Whether it is the American consortium, the Japanese consortium, or the current Western European consortium, their core is financial banks.

This time the Lee Consortium and its interest groups are shareholders of Xiangjiang Bank at the same time, obviously wanting to take Xiangjiang Bank as the flagship of their consortium. In the past, the Li Consortium and its interest groups were mainly connected by the Li Consortium. The following is divided into Three groups, they are not closely related.

But now several groups use the platform of Xiangjiang Bank to make their relationship closer, and all forces are integrated together. A new consortium in Xiangjiang has gradually risen, and the Xiangjiang Bank consortium will definitely occupy a place in the world in the future.

Although Xiangjiang Bank is still very weak, people with a heart believe that the development potential of this bank in Xiangjiang is not comparable to that of other banks.

The shareholders behind him are too large for Xiangjiang, and the business of these shareholders will gradually be transferred to Xiangjiang Bank.

During this ceremony, the businesses of Shau Kee Group, Towngas Group, Heung Kong Electric Group and Cathay Pacific Airways will all be transferred to Heungkong Bank.

With the backing of these huge groups, coupled with the support of the Lee Consortium and other shareholders, Heung Kong Bank will soon be able to jump into the top four of Heung Kong Bank, second only to HSBC, Standard Chartered and Tianyu Bank.

The opening ceremony of the bank was attended by McBurney Deshaun, director of the Hong Kong Financial Management Bureau, and even Shen Bi and George Lavin, who were not at odds with the Lee consortium, also attended the ceremony. .

The current financial situation in Xiangjiang is extremely severe. At this time, the actions of the Lee consortium and other interest groups in Xiangjiang Bank have improved the confidence of Xiangjiang citizens. This time Xiangjiang Bank not only changed its name, but also injected capital into the bank together 30 billion Hong Kong dollars.

Although McBurney Deshaun knew that the injected funds were for the purpose of lending to Xiangjiang Electric Group, but this did not prevent it from bringing confidence to all walks of life in Xiangjiang.

This time, the Lee consortium, its interest groups, and the Singapore consortium added [-] million new shares to Xiangjiang Electric Group. The major shareholders subscribed according to the shares, and the remaining shares were released on the Xiangjiang Exchange. They were snapped up in less than half a day. empty.

At the same time, the stock of Xiangjiang Electric Group continued to soar under the influence of this, and it soared to 7.6 yuan per share in a short period of time.Now Xiangjiang Electric Group has one billion shares, which has pushed the market value of Xiangjiang Electric Group to 76 billion Hong Kong dollars in one fell swoop.

As for the part of the shares that Li Guangyu and the others subscribed for at 6.9 Hong Kong dollars, their market value skyrocketed in half a day.

Now the Xiangjiang Electric Group account is quite rich, and at the same time, the Xiangjiang Electric Group has also reached an agreement with the Xiangjiang government on the land in Tianshuiwei, and will build a new power station there.

This time, Heung Kong Electric Group is obviously competing with CLP Power Group. The planned investment of the Qingshan Power Station under construction there is 200 billion Hong Kong dollars.

At the same time, 20 billion Hong Kong dollars will be used to expand the capacity of the power station on Lamma Island to promote the simultaneous development of both the north and the south of the Heungkong Electric Group.

At present, Heung Kong Electric Group has invited a professional team from Japan to carry out the design, and it is expected to officially start construction in January.

This 200 billion Hong Kong dollar project is very important to the stability of the people of Hong Kong. The actions of the Lee consortium and its interest groups let the citizens of Hong Kong know their confidence in the future development of Hong Kong.

Li Guangyu said to the coming McBurney DeShawn: "Mr. DeShawn, thank you very much for coming to our unveiling ceremony."

"Mr. Li, I am very happy to see the development and growth of our Hong Kong financial industry, especially the continuous growth of our major financial institutions. Only when you continue to develop can our Hong Kong financial industry be more prosperous. I believe this bank will be like him. Like the name, it will become a symbol of our Xiangjiang in the future."

Li Guangyu didn't know whether McBurney Deshawn was sincerely admiring him or flattering him, but he didn't care about it either. He believed that the future development of Heung Kong Bank would not be inferior to that of HSBC and Standard Chartered Bank.

Li Guangyu said: "We also hope that Xiangjiang Bank can have such a day, but we, Xiangjiang Bank do not have some conditions. If Mr. Deshawn really thinks that Xiangjiang Bank has such potential, I hope you can help us a lot."

McBurney DeShawn knew what Li Guangyu was talking about. This person seemed to be unwilling to give up the right to issue banknotes in Hong Kong dollars. Tianyu Bank did not take it down, and now it has been transferred to Hong Kong Bank.

It's just that how can this right be given up? The right to issue banknotes in Hong Kong dollars can only be held by the banks controlled by England, and other forces and banks don't even think about it.

He said: "Mr. Li, people still need to know how to be content. There are some things that you cannot grasp, at least not within this period of time. Our British and Xiangjiang governments have been very generous to you, and I hope you will not let them It’s better for us to be difficult. We also very much hope to maintain the current friendship with you, but some things still cannot cross the line.”

McBurney Deshaun is very clear that at present, the local side hopes to win over the Lee consortium and its interest groups, but these people want to take advantage of it, but are unwilling to stand on their side, which makes them feel very uncomfortable .

But they don't have a good way to do this. Now their country is no longer the empire on which the sun never sets, and the country is also in an economic crisis. These consortiums and families are needed to invest.

They can't force these forces to the opposite side and make them hostile to themselves, so more often they can only win over and keep them out of politics.

Fortunately, the Lee Consortium and its interest groups have no intention of participating in politics. They just focus on developing their own industries and will not create too many problems for them.

……

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(End of this chapter)