Chapter 441 Xu Xu Tuzhi
Although Standard Chartered Bank is a bank with the right to issue Hong Kong dollars, its position in Hong Kong has always been awkward.
In terms of capital and the right to issue banknotes, it is not as deep as HSBC, and in terms of influence among the grassroots Chinese, it is not as strong as Hang Seng Bank.
It is said to be a local bank in Hong Kong, but it is similar to the foreign banks such as Bank of East Asia and Pangu Bank.
However, Standard Chartered Bank underwent fundamental changes when it came into the hands of Wang Deming.
When a financial crisis hit Hong Kong, an economic crisis also inevitably occurred in the UK, thousands of miles away.
It’s just that after the economic crisis occurred in the UK, it immediately started withdrawing money from Hong Kong. This is one of the reasons why every stock market crash in Hong Kong is so devastating.
Although Standard Chartered Bank was acquired by Wang Deming, many noble members of the House of Lords in the UK shouted that they would veto the acquisition.
But it was decisively rejected by 10 Downing Street.
No matter how important Hong Kong is, it is not as important as the UK.
Especially since there haven't been any strikes or marches in Hong Kong for nearly 20 years, they can still continue to draw blood.
But coal miners in the UK have already held a nationwide strike, and thousands of people have gathered in London.
In the past, we all knew that there were many football hooligans in the UK, but in this era, in addition to football hooligans, there are also many coal mine hooligans.
Fights, brawls, throwing of petrol bottles, and a simultaneous strike on public transport in the UK plunged London into its worst crisis since World War II.
Therefore, the UK cannot take care of Hong Kong's economy at all. In addition, No. 10 Downing Street is very clear about China's attitude.
The two Qingyuan delegations from Hong Kong were tests. No. 10 Downing Street would soon appear and head to Beijing for negotiations.
Before World War II, India was the brightest pearl in the British Queen’s crown. After the 60s, this pearl became Hong Kong.
In order to maintain the last glory of the British Empire, they tried every means to keep Hong Kong in their hands, of course, only through negotiations.
If Wang Deming doesn't take action, it's fine. But once he takes action, his force will be as strong as thunder.
After announcing the successful acquisition of Standard Chartered Bank, Wang Deming immediately carried out a reorganization, restructuring Standard Chartered Bank and its subsidiary Hang Seng Bank, collectively referred to as Standard Chartered Bank.
Standard Chartered Bank has become the bank with the most branches in Hong Kong.
The Joseph family behind Jardine Matheson and the Swire family behind Jardine Matheson were worried three times a day, fearing that Wang Deming would suddenly make a move and acquire the two foreign companies they owned.
Joseph, the boss of Jardine Matheson, urgently met with Stephen Simpson, the boss of HSBC, to discuss moving the registered address of Jardine Matheson Group out of Hong Kong.
Shen Bi was promoted to the top manager of HSBC in 79.
"Mr. Shen Bi, if the situation in Hong Kong remains so unstable, our family has decided to move the registered address of Jardine Matheson & Co. to Bermuda." Joseph licked his lips. He had never been so anxious before, especially since only they and Swire were left among the four major trading companies. It was even more tragic.
His throat tightened. "The opening of Hong Kong was supported by several major foreign companies."
"But now the Chinese capital in Hong Kong is almost forcing us into a dead end!"
"We have no other choice but to move out of Hong Kong, unless HSBC can give us enough support."
Shen Bi leaned on the large sofa, closed his eyes, and rubbed his temples with his hands.
He hasn't had much rest recently. He was the person most shocked by the acquisition of Standard Chartered Bank.
Standard Chartered was acquired, what will happen to HSBC?
As for the registered place of Jardine Matheson, can you move it if you want? If the registered place is moved, the first step is to delist.
But he knew his British compatriots too well. They could make money for themselves, but they were afraid that their families would not agree to it and they did not have the ability to pay so much money. Unless they had the support of a bank.
"Mr. Joseph," Shen Bi asked bluntly, "Which British bank is supporting you?"
"Call the Bank of Scotland." Having made the decision, Joseph no longer concealed it.
"Oh" Shen Bi opened his eyes slightly, it turned out to be the Royal Bank of Scotland.
Joseph's family is based in Scotland, so it is not surprising that he has a relationship with the Royal Bank of Scotland.
"Mr. Josek, your family hasn't applied to the Ministry of Finance yet, right? Or has the Royal Bank of Scotland not applied to the British financial sector?"
After hearing what Shen Bi said, Joseph's heart tightened, "No, Mr. Shen Bi, could it be..."
Shen Bi closed his eyes again and continued to massage his temples. "If you have applied, someone will tell you to take it easy."
"I have previously discussed with the Governor of Hong Kong the issue of British and Chinese capital in Hong Kong."
"What did the Governor say?" Joseph asked quickly.
"Huh." Shen Bi frowned. "The Governor of Hong Kong said that Hong Kong must remain unchanged for now and wait for news from 10 Downing Street."
"No. 10 Downing Street and the Governor's Office are negotiating with the North. After a while, No. 10 Downing Street will go to China after handling the general strike in the UK."
Joseph is not optimistic about 10 Downing Street. "Mr. Shen Bi, our family has been dealing with China for more than 100 years, especially when we organized a trip to Qingyuan, the capital, some time ago."
"You know the result."
"So what?" Shen Bi snorted coldly, "If No. 10 Downing Street disagrees, do you think your family can escape?"
After leaving HSBC, Joseph looked back at the building standing on the waterfront of Central, which looked like it was made of golden light under the sunlight, and then looked at the Hong Kong headquarters building of the Bank of China which was being built at an accelerated pace.
Feeling extremely depressed, he got into the car and left.
On the top floor of Connaught Building, the iconic building of Jardine Matheson Holdings in Central, Wang Deming was standing by the window looking down.
Although he could not see the distraught Joseph and the depressed Shen Bi, he had the most thorough understanding of the next situation in Hong Kong, although it was not yet 84.
"Boss!" His newly hired secretary came in from behind, and this was the market analysis report compiled today.
"Put it on the table. Have you sorted out the intelligence from the UK?"
"Yes, boss." The secretary had just returned from studying in the UK.
"Okay." Wang Deming turned around, picked up the information sheet and read it quickly. Suddenly, he saw a very impressive name: Jianing Group.
The Carrian Group has just announced that it has purchased the Golden Gate Building for $16 billion.
"Ask the investment department to pay attention to this Jianing Group."
"Yes!"
Carrian Collective, the prototype of Tony Leung's latest movie Goldfinger. Wow, it's rare to miss this company when writing about Hong Kong entertainment or the underworld.
According to the information disclosed in the previous life, Jianing’s boss, Chen Songqing, relied entirely on deception and played a Ponzi scheme, raising the stock price with his left and right hands and then cutting the leeks in Hong Kong.
It is said that the Hong Kong government's legal fees for collecting information and prosecuting him amounted to 2 million Hong Kong dollars. Tsk tsk, and it wasn't a big deal.
But Wang Deming knew
(End of this chapter)