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Text Chapter 388: Shot while lying down

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    Xinsheng Investment's domineering acquisition war was in full swing, and the stock prices of the two British banks, HSBC and Standard Chartered, were soaring. In just one week, they were pulled to the level before the outbreak of the financial crisis.

    During this period, the presidents of the two major banks had more than once through the British government and former high-ranking Hong Kong government officials, and frequently had contact with NBA bosses such as Ding Wenming, Prince Mateb, Liu Siwei, William Powell, and Xu Sangcheng, and through pro-British administrative  Members of the meeting and the Legislative Council put pressure on Xinsheng Investment.

    When he realized that everything was in vain, he even openly declared that this was a hostile takeover to "take advantage of the situation" and urged the regulatory authorities to investigate Xinsheng Investment.

    The nb department never fights uncertain battles. As early as a few years ago, it hired Rong Hanzhong QC as a non-executive director.  Although Xinsheng Investment is independent of nb Electric, it has also established its own legal department and compliance department. Trying to find fault with the acquisition process is tantamount to wishful thinking.

    Cash is king, whoever has the money now has the final say.

    After 9 days of rising prices, we have officially become the largest shareholder of Standard Chartered Bank!  There is still a long way to go before absolute control, but anyone with a discerning eye can see that the hope of turning defeat into victory is extremely slim.

    Standard Chartered fell, all fools know who is Xinsheng¡¯s next target?

    So many institutions and retail investors took advantage of the situation, causing huge difficulties for repurchases. Although he did not believe that the nb system really had the strength to swallow the "big elephant" in one go, HSBC President Kadoorie still did not dare to take it lightly. He tried every means to mobilize funds and tighten money to recover it.  loan.  At the same time, I put my hope in Mr. Li.

    ?As a director of HSBC Bank.  as partners for decades.  Mr. Li has the responsibility and obligation to provide help. However, this time he is facing the nb department. More importantly, his Yangtze River Holdings is also one of the beneficiaries of this acquisition war.  If Ding Wenming hadn't targeted the two major banks at the critical moment and driven the entire market, I really don't know how the stocks of his companies would have fallen.

    Looking at his anxious old friend, he smiled helplessly and said: "The Hang Seng Index has dropped from more than 16,000 points two months ago to 10,000 points now. The market value of the stock market has at least evaporated in two months.  Twenty-one hundred billion was lost, where did this money go? I think you know very well that the business and equity transfers some time ago were probably just a smoke bomb. Even if they didn't have tens of billions of dollars, it would be just as easy for them to acquire Standard Chartered.  ¡±

    Kadoorie frowned and asked, "You mean they still have some energy left?"

    Mr. Li pointed behind him and said meaningfully: "I don't think there is enough power left, and maybe there is help."

    ???????????????????????????????????????????????????????????????????????????? The emperor and his ministers, Hong Kong is no longer what it was a few months ago. Kadoorie nodded slightly and said with a pun: "We have achieved our goal. We have also won favor. The timing was chosen well!"

    Mr. Li made a cup of Kung Fu tea for his old friend.  He sighed with emotion: "Using Hong Kong people's money to acquire British banks not only won BJ's favor, but also became the savior of Hong Kong's economy and a national hero of Chinese capital acquiring British capital. A true  Fame and fortune.¡±

    ??Although we talk about business in business, it is impossible to be devoid of morality in the mall.

    When nb Electric was founded, HSBC provided a lot of help. When it came to the issue of bj's return, HSBC also stood on the side of the pro-production faction.

    When he thought of their undeclared war, Kadoorie became angry and said coldly: "HSBC is not Standard Chartered. Don't say it's not easy for them to succeed. Even if they succeed, they have to pay a price!"

    He was dazzled at first, but after a few days of analysis, Mr. Li already had a rough outline of the strategic deployment of the nb department. Seeing Kadoorie gritting his teeth, he couldn't help but smile: "Old friend, if nothing else happens,  If so, this takeover war will end soon. Because their goal has been achieved, as long as most banks no longer provide Hong Kong dollars to international speculators, and as long as international speculators stop attacking Hong Kong, they will make no further moves."

    Xinsheng Investment is coming with great force. Regarding the comprehensive acquisition of HSBC, Ding Wenming has vowed in public and privately, and he will swallow the "big stupid elephant" in one bite and never give up.

    Kadoorie didn¡¯t think Ding Wenming would give up so easily, and asked doubtfully: ¡°Is it so vigorous, investing so much money, and selling so many high-quality assets just to help that former employee Wu Jinhua?¡±

    Mr. Li pulled out a business card from Liu Siwei's desk when he was president, pointed to the logo and slogan on it and said: "I have always thought that 'dream changes the future' is just a slogan, and it is even suspected of plagiarizing the American CE.  But now, I believe they really have dreams and really want to achieve their future.¡±

    "Transforming the economic structure and revitalizing the manufacturing industry?"

    "You have also read the five points issued by the Hong Kong government. Not only do they think so, but they are also doing it. The waves behind the Yangtze River push forward.Lang, you can¡¯t be convinced!  "

    Mr. Li paused and continued: "Frankly speaking, I didn't realize this before the takeover war, but now I know how determined they are. In order to realize their dreams, they will not hesitate to offend so many people, including you and me."  Old friends, even if they take political risks to sideline the chief executive, they may offend bj in the future.¡±

    The nb department is indeed the largest behemoth in Hong Kong with the most assets and the most influence.

    But they have always insisted on staying away from politics. Among the core personnel, they don¡¯t even have a member of the CPPCC or a Hong Kong affairs adviser. If Wu Jinhua hadn¡¯t suddenly resigned as president to become chief secretary, no one would have believed that they had ambitions for Hong Kong.

    Regarding the future of HSBC, Kadoorie thought it was necessary to ask for clarification, and said with a puzzled face: "Mr. Li, there is a Chinese saying that when things go to extremes, they must be reversed. I really can't imagine what benefit this would do to them?"

    Mr. Li smiled and analyzed carefully: "I think they are not pursuing any benefits, but trying to avoid the disadvantages as much as possible. If it were me, I think I would do it, because there is no other choice."

    "What's the meaning?"

    "What is the core competitiveness of the nb department? It's not nb Electric, it's not Xinsheng Investment, it's not Diamond Capital, it's not Jiangnan Road and Bridge, which barely controls it, it's nb Laboratory! Looking back at their development history, it can be said that there is no nb  There is no NB department in the laboratory today.¡±

    Mr. Li adjusted his glasses and continued: "From a layout and geographical perspective, they can only locate this R&D institution that can lay golden eggs in Hong Kong, because only by locating it in Hong Kong can we have the best of both worlds. The nb laboratory also has close ties with the Hong Kong academic community.  Inextricably linked, any political disturbance will directly affect the laboratory. After all, students are the ones who like to cause trouble, and students are their future. Under this premise, they hope more than anyone else.  Hong Kong is stable.¡±

    Emotional Huifeng was shot while lying down. Kadoorie was so angry that his teeth itched. After thinking about it, he smiled and asked, "So, they have no confidence in bj?"

    "To be precise, I have no confidence in Dong."

    ¡°But could they have done better?¡±

    Kadoorie pointedly pointed out: "The stock market has plummeted, and the property market has plummeted. In just a few months, it has plummeted by 70%, and more than 100,000 property owners have become 'negative equity.' Although the exchange rate has been temporarily maintained, the exchange rate of the Hong Kong dollar relative to  The Thai baht, Indonesian rupiah, Taiwan dollar and Korean won have depreciated significantly, and product exports, tourism and retail industries will be affected. I don¡¯t think they can solve the current problems of deflation, falling demand, increased unemployment, and market depression.¡±

    Mr. Li nodded and said: "The entire economy is in a severe recession. Even Greenspan can't solve these problems. But what they are fighting for now is who can recover first. If those policies are implemented and internal relations are properly handled, it will be very difficult for them to do so.  It might be a different situation.¡±

    In the past period of time, the Hong Kong government has launched a vigorous analysis and publicity in response to the sudden financial crisis.

    Internationally renowned economists, including Nobel Prize winners, were invited to Hong Kong to speak out and blame the former British Hong Kong government. Their words were well-founded and did not affect the SAR government due to the crisis.  credibility has nothing to do with the return.

    Thinking of this, Kadoorie suddenly found that Mr. Li's words were very reasonable. As long as Wu Jinhua's performance during his term was better than that of other leaders of Southeast Asian countries and regions, it would be a success. As for which step to achieve is another matter.

    Just when he realized that he was lying on his back and became a stepping stone for the nb department to save Hong Kong's economy, nb Electric launched a new round of acquisitions around the world.

    The president of nb Power flew to Thailand to acquire the Phuket waste incineration power plant project that was unfinished due to the crisis.  I had just held a press conference here and flew to India to negotiate the acquisition of Jaypee, India's largest private hydropower company, which is overwhelmed by mountains of debt, and two hydropower projects in Himachal Pradesh in northern India.

    Immediately afterwards, the media broke out that NB Power had acquired approximately 45% of the shares in the power project jointly owned by India's NCC Infrastructure Company and India Energy Corporation, with a total contract value of US$11.2 billion!

    nb Medical and England's Toray also announced that they have reached an agreement, as well as gene regulation and magnetic bead business.  Through this acquisition, nb Medical will expand its growing life sciences business with technologies used in the development and production of new drugs, vaccines and diagnostic reagents.

    nb Aviation announced that it would cooperate with Airbus and spend 14.7 billion marks to officially enter the aircraft financial leasing industry, becoming the world's third largest aircraft financial leasing company after CE and Honeywell.

    At the same time, nb Industrial Manufacturing signed a US$700 million generator agreement with the Saudi Electric Power Company to provide it with a natural gas turbine generator and four sets of steam generators produced in cooperation with Dongmenzi.machine.  (To be continued, please search Piaotian Literature. The novels will be better and updated faster!
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