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Chapter 631 Standard Chartered New Year's Eve

"President Xiao, that's too much praise!" Dad said with a genuine smile.

"No, it's not praiseworthy at all. The development of Meisheng in recent years has made many people feel disillusioned. This has really brought a lot of face to our people!" said President Xiao solemnly.

In recent years, thanks to the emergence of the giant Meisheng, the environment of many Chinese-owned enterprises in Xiangjiang is much better. In Xiangjiang, HSBC likes to support large enterprises, and Meisheng starts from small enterprises.

Especially small businesses that want to develop in the mainland can easily get a loan, which brings a lot of foreign investment to the mainland.

"Haha, Bank of China is also developing very well!"

"It is quite gratifying to rely on the growth rate of mainland assets in recent years. These are all inseparable from President Xiao's strategic planning."

"No, no, I'm just following the instructions from above!"



When the two of them were exchanging business bragging rights, President Xiao couldn't bear it at first. He was very curious about why Zhao's father came to him. You must know that usually these entrepreneurs in Xiangjiang rarely go to him. There are several reasons.

It goes without saying.

"I wonder if Brother Zhao needs my help for anything when he comes to my place?" President Xiao said curiously.

"Brother Xiao, can your Bank of China develop faster in Hong Kong now?" Zhao's father avoided answering his question and instead asked a seemingly unrelated question.

"This...it's hard to be honest!" President Xiao said hesitantly.

The main advantage of Bank of China in Hong Kong is the support from the mainland. However, the mainland is also very poor now and cannot support them indefinitely. The main reason why Bank of China in Hong Kong can develop so fast is the result of the full support from the mainland.

Why does the newly built building have 70 floors, which is currently the highest floor in Xiangjiang? It is mainly a face, representing the image of a country, and it also wants to show the outside world that Bank of China is very powerful.

In fact, many times we grit our teeth and persist. At the current point, it is impossible for the mainland to provide much financial support. The most important thing is to rely on our own development, which makes President Xiao a little hesitant.

Furthermore, in Hong Kong, the Hong Kong government is not very friendly to them. If you want to provide some support in terms of policies, you really don’t even have to think about it. If you don’t cause trouble, it will be a waste of money.

"Now there is an opportunity in front of me. I wonder if Brother Xiao would like to hear about it?" Father Zhao said with a smile.

"Haha, Brother Zhao, it's okay to say it." Mr. Xiao said a little excitedly.

"What about Bank of China's acquisition of Standard Chartered?" Zhao's father finally said his purpose, feeling a little disappointed.

President Xiao was shocked when he heard this, and then waved his hand and said: "Brother Zhao, are you kidding me? The outside world doesn't know how much of our family background we have, don't you know? Let alone acquisition, it means holding 10% of the shares.

no."

"Haha, if we don't have any money, we can lend it to you!" Father Zhao said very easily. Meisheng is so poor now that he has money left. The funds withdrawn from Japan this year alone are almost 20 billion US dollars, of which

More than 10 billion are earned, and several billion are principal.

Most of this money is still sitting in the bank!

After hearing what Father Zhao said, Mr. Xiao kept jumping for some reason. Isn't this pie in the sky?

If he had acquired Standard Chartered during his tenure, it would have been a huge amount of political resources, and the future development would be really predictable.

But why would Father Zhao give him such a piece of fat?

You must know that Standard Chartered is a bank that can issue Hong Kong dollars, which is a huge attraction for every bank in Hong Kong.

In fact, the relationship between Bank of China and Meisheng is quite good. This is mainly because the Zhao family is pro-mainland, and many of DreamWorks' investments in the mainland are banked by Bank of China. It can be said that the cooperation between the two companies is quite close.

"Brother, wouldn't it be great for you to acquire it yourself?" President Xiao said very puzzledly.

"Brother, I thought so too at first, but in the end I decided to let you, Bank of China, acquire it."

"Why?"

"This is more beneficial to the development of the mainland, and the mainland needs it more." Father Zhao said solemnly.

Governor Xiao was touched for a moment. He was not quite as fond as Father Zhao of the Mainland. You must know that during his time in Xiangjiang, he had countless interactions with the upper class.

In fact, many people are forced to get closer to the mainland because of the general trend, and they just want to get some benefits in the process.

There are not many pure people like Father Zhao left!

"Brother, don't say anything else. Your friendship for the motherland is really this." President Xiao gave a thumbs up.

"Haha, who doesn't want their country to be better? Doing something that is beneficial to the country where you can is nothing!" Father Zhao said in an understatement.

This state makes President Xiao even more admired. There are very few people in Xiangjiang that he can admire, only Bao Daheng and Huo Daheng. The main reason is that these two have really contributed a lot to the motherland, and

Their support for the country has never wavered, and their presence can always be seen when the country is in difficulty.

"Brother, I'm afraid it will be very difficult to acquire Standard Chartered!" President Xiao suddenly thought that Standard Chartered is a British-owned bank. This cannot be acquired with money, especially when Chinese-owned assets want to acquire British-owned assets. It is really difficult. This

This is also the reason why Li Chaoren is praised by many people in Hong Kong. He has acquired several large British-owned assets.

"It shouldn't be too difficult. There are two shares that are easy to acquire, and that is the shares held by Bao Daheng and Qiu Deba. You must know that he holds about 35% of the shares. In the past few years,

Standard Chartered's development is not very good, and DreamWorks Investment Company already holds 5% of the shares in it, so it has a 40% stake."

"Of the remaining 55% of shares, 20% are held by small shareholders, and the other 35% are listed for circulation. It is still very easy to acquire them."

Father Zhao said very confidently that in fact, the Chinese owned the vast majority of Standard Chartered's shares, but they were too scattered. It would be easy for Meisheng Bank to acquire them if they wanted to.

The only trouble is that the management of Standard Chartered is basically all British, which will cause trouble for future management, but this is not a matter related to Meisheng Bank.

After hearing Father Zhao's narrative, President Xiao felt that the possibility of an acquisition was very high. The latter two discussed many details, and Father Zhao also raised his demands in a timely manner.

When Meisheng Bank wanted to enter the mainland, President Xiao patted his chest to recommend it. As for Meisheng Bank being given the qualification to issue Hong Kong dollars after the return of Hong Kong, he also promised to work hard for it. In fact, there was no loss for him at all. In the future, the two companies would still need to

How about dealing with big brother HSBC!

Time flies and it’s New Year’s Eve.

The New Year atmosphere in Xiangjiang is still very strong, and many traditional cultures are preserved here, such as the lion dance, which is one of the typical examples.

As soon as it gets dark, the sky is filled with fireworks. Last year, Zhao Hong and her family spent over one million yuan on fireworks, and this year will be no exception.

Fanfan and Wenwen were the happiest when the fireworks were set off. Watching Zhao Hong and the others lighting buckets of fireworks, they danced excitedly. If adults hadn't been watching, they would have rushed to the fireworks.

See what happens.

"It's so beautiful!" Qingxia couldn't help but murmured as she held Niannian in her arms and looked at the colorful fireworks in the night sky.

"Yes! Time flies so fast." Yazhi stood next to Qingxia and said with emotion when she heard her words. She was about to be thirty-five years old. When she saw Zhao Hong lighting fireworks, she seemed to still be there.

When the two met.

"Yes, we are all getting old." Qingxia said a little sadly. She looked at Zhao Hong like an eighteen-year-old boy, and there was a feeling in her heart that time is fleeting.

"Fortunately, we are also very young now." Yazhi said with relief. She is the same age as Qingxia. Since she often practices boxing, she looks only about 21 or 2 years old, which is very young!

While the two were communicating, they watched Qiqi and Zhao Hong setting off fireworks unscrupulously.

"Hong Zai, it's really amazing!" Grandma said with emotion when she saw such a harmonious scene.

"Not bad, you are worthy of being a descendant of my old Zhao family." The old man also said in agreement.
Chapter completed!
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