Hong Kong 1980: The Savage Era

Chapter 493 495 [Making a Big Profit] (asking for monthly ticket)

Pu Weishi nodded. It was certain that the lion would ask for a huge sum. He was about to step down, and even if he promised something, Luo Qihong would not believe it, let alone buy it.

Lloyds Bank wanted to interfere, but even though Luo Qihong had a grudge against Lloyds Bank, he would not go against money. The relationship between Luo Qihong and HSBC was just average. If the relationship was like that with Li Jiacheng, they could talk about personal relationships.

"How about 400 pence per share?" Pu Wei immediately offered a high price.

The current share price of Midland Bank is 363 pence, which means that the price offered by Pampas is a 1% premium.

Luo Qihong bought the Midland Bank shares at a low price in the 90s. If he sold them at 400 pence per share, he would have made a profit of 110 pence per share, with a profit margin of 38%.

This profit seems good, but it is actually a bit low.

Luo Qihong smiled and said, "You don't have much sincerity. It's only a 10% premium. I believe that Lloyds Bank will recognize the value of the product."

Pu Weishi frowned slightly. This threat was effective. The shares held by Luo Qihong were enough to tip the balance, and HSBC's years of hard work would be burned to ashes.

"Luo Sheng, please name a price. As long as it's reasonable, I'll accept it."

"500 pence per share, and I need HSBC to provide me with a personal low-interest loan of US$3 million." Luo Qihong raised three fingers and said with a smile.

If not blackmailing HSBC now, when?

"There's no problem with the low-interest loan, but isn't the share price of 500 pence too high?" Pu Weishi's brows were furrowed and his voice became much deeper.

"Okay, then I'll lower the price, to 3% premium, 480 pence per share." Luo Qihong restrained his smile and said seriously that he must make a fortune.

"It's still a bit high, how about 450 pence per share?" Pu Weishi asked tentatively.

"If you can't even offer this price, I think Rice Bank will agree." Luo Qihong said coldly. Isn't it a daydream to think that you can take over the four major settlement banks without paying any price?
Pu Weishi thought for a while, and finally agreed, "OK. 480 pence, a low-interest loan of $3 million."

"I know HSBC has a subsidiary bank in the United States, and I need to get a loan in the United States," said Luo Qihong.

Pu Weishi nodded unconvincedly. He had been the head of HSBC for many years and everyone was polite to him. Now he was threatened by Luo Qihong and of course he was unhappy.

But there is no other way. Now he can only endure it. At least he needs to wait until the acquisition of Midland Bank is successful before he can take action against Luo Qihong.

The next afternoon, senior executives of Lloyds Bank flew from the UK to Hong Kong to seek dialogue with Luo Qihong.

Because they have received news that Hengan Investment Company wants to sell its 13% stake in Midland Bank to HSBC, and the price has been agreed upon.

But they were unwilling to admit defeat, so they came to Hong Kong to look for a breakthrough.

Luo Qihong refused to meet with people from Lloyds Bank. His excuse was that he had already reached an agreement with HSBC. In fact, Luo Qihong did not want to stop HSBC from going international. After all, he did not think he could stop it. It was not a wise move to make enemies with HSBC for a few benefits.

As for Lloyds Bank, Luo Qihong looked down on it somewhat because it lacked resilience. When it acquired Standard Chartered Bank, it really admitted defeat after losing once and had no intention of making a comeback.

On the morning of the third day, Luo Qihong signed a formal contract with HSBC Bank's chief executive Pu Weishi to sell his 3% stake to HSBC.

From this project, Hengan Investment Company made a profit of 1.9 million pounds. At the same time, in the afternoon of the same day, a low-interest loan of 3 million US dollars from HSBC Bank was in place.

Zhaoan Group Office. Bai Jinyan held a glass of red wine and said, "HSBC is very patient. An acquisition plan can be extended for 5 years. During this period, it continues to make concessions and help the acquisition targets expand. Pu Weishi is not afraid of making wedding dresses for others in the end."

"Haha! This is the strength of HSBC. This plan was probably not made by Pu Weishi, but by Shen Bi. Pu Weishi was just the executor later, but he is indeed very patient." Luo Qihong said with a smile.

The internationalization of HSBC was Shen Bi's masterpiece. First, he defeated Standard Chartered Bank, then acquired American commercial banks, and at the same time took the initiative to attack in countries around the world. This was truly a big chess game.

"No matter how powerful Shen Bi and Pu Weishi are, they have only inherited the power of HSBC. Unlike you, you started from scratch, and your current industry is almost catching up with HSBC." Bai Jinyan praised Luo Qihong.

Luo Qihong smiled and said, "Not even close. When HSBC successfully acquires Midland Bank, its total assets will be worth more than HK$21100 trillion, which is almost 10 times our family assets."

Bai Jinyan was not embarrassed at all. Instead, he consoled her by saying, "HSBC has been in business for a century, and our family has only been around for 12 years. I believe that one day we will become another HSBC."

"I like to hear that." Luo Qihong's smile became even brighter.

"How is the acquisition of Wang Laboratories of the United States going?" Bai Jinyan took the opportunity to ask.

This is a project invested by Luo Qihong's private company Heng'an. It has little to do with Zhao'an Group, and Luo Qihong has no intention of bringing Zhao'an Group in.

But Bai Jinyan still wanted to get involved, as it was an investment opportunity that would allow him to gain a foothold in the United States.

"The American Heng'an Investment Company is in contact with the Wang An family. The situation is stable now. Wang An Computer Company will not go bankrupt and liquidate for the time being. Other matters still need to be discussed. I will fly to the United States in person in a few days." Luo Qihong told the truth.

"Is the funding sufficient? If not, Dean Securities Investment can help." Bai Jinyan asked seriously.

Luo Qihong took a deep look at Bai Jinyan and said, "The funds are sufficient, but after Wang An Computer Company is on the right track, De'an Securities Investment can acquire shares."

"In fact, the most important asset of the Zhaoan Group is not real estate or land, nor port shipping, but securities investment. At present, De'an Securities seems to be confined to Hong Kong, but in fact it is accumulating capital and will gradually invade important financial regions in the world in the future."

Bai Jinyan was stunned for a moment, then responded, "You misunderstood me. I just wanted to help you. Hengan Investment Company has made large-scale investments in Australia, Singapore, the United States, the United Kingdom, and Japan. Now it is taking over the hot potato of Wang An Computer Company, so I am worried that you can't make ends meet."

"If you are optimistic about companies in the United States or other markets, you can ask the think tank to judge whether they are worth acquiring." Luo Qihong wanted to give more power to Bai Jinyan.

Bai Jinyan was ecstatic. If Luo Qihong had not stopped her, she would have spent a lot of money to compete with Li Wenzheng for the Asia Securities Company. Now that she has a greater say, she is naturally satisfied.

Luo Qihong's idea is very simple. He has put too much energy on Heng'an Investment Company. Instead of handing over power to the top management of the group, it is better to let Bai Jinyan be the leader. This will also make Bai Jinyan feel at ease for a while.

Mid-April.

Luo Qihong flew to the United States. All matters concerning Wang Laboratories still needed his personal decision-making.

In addition, CITIC Bank also agreed to invest in Wang Laboratories. With the help of CITIC Bank, Luo Qihong was more confident in rescuing the computer company.

Originally, Luo Qihong planned to make Bank of China the largest shareholder, Heng'an Investment Company the second largest shareholder, and he himself would be the chairman of the board and general manager, responsible for the company's daily operations and decision-making.

The status of Chinese in the United States is still somewhat low. Luo Qihong needs Citibank to stand in front and make those who are eyeing them shut up and not dare to play tricks in secret.

(End of this chapter)