Rebirth of Hong Kong 1981

   Chapter 561 Total assets of 30 billion

  dong dong—

  ‘click’

   "Boss, Vice President Zheng is here."

   "Let him in." After Yang Chen responded, he turned to look at Yuan Tianfan, and said, "Okay, that's it, call me if you have any questions."

   Yuan Tianfan got up, nodded and said, "Okay, boss, then I'll go down first."

  Yang Chen: "Well, let's go, I will let He Hongtao and the others contact you when we arrive in the UK."

  The reason why Yang Chen sent both Yuan Tianfan and He Hongtao to the UK was that, apart from the fact that in the Falklands War, the UK was the big one, the other reason was to cover up his actions in Argentina.

  Argentina is located in the southeastern part of South America, with a land area of ​​more than 2.7 million square kilometers in later generations, ten times that of the United Kingdom, and the 8th largest country in the world in terms of territorial area.

  Argentina's mountainous area accounts for 30% of the country's area. The Pampas grasslands in the east and the center are famous agricultural and pastoral areas and are known as "the granary of the world".

   Since independence in 1816, Argentina has quickly become a member of the G20 in South America and the third largest economy in Latin America, relying on its rich natural resources.

   In terms of economic strength, Argentina is no less than the United Kingdom. The only thing it lacks is its industrial level and military strength. Yang Chen is sending money from war this time. If Argentina is ruled by literati, then he has nothing to be afraid of.

  The capital society is playing the game of money. He flips in the stock market. As long as it doesn't go too far, the above will basically turn a blind eye.

   However, during this period, the entire country of Argentina was governed by a military government. What are the characteristics of military rule? The word "power".

   And the military government of Argentina is a group that even Britain dares to provoke. He is a businessman who has no half a catty of iron tools, and he goes to other people's houses to make a lot of money. Isn't this courting death?

  Don't say that behind him there are British princes and Middle Eastern princes. They even killed the whole of the United Kingdom, and they are afraid of two princes who will eat and die.

   Therefore, the strategy Yang Chen adopted was the same as the last trip to France. He quietly entered the village, did not shoot, and ran back after the big meal.

   This time, he is not going to go there in person.

  A gentleman does not stand under a dangerous wall.

  The ancients said: When a scholar meets a soldier, it is not clear what it is reasonable to say.

   The same reason, this businessman encounters a big head & a soldier, and it is also unreasonable. Once the Argentine military government pays attention, what will happen, only ghosts know.

   Therefore, if he wants to make money from the war in Argentina, he can only do it secretly and quietly, and clearly, only the US imperialists have the courage.

   He is a commoner, so he will not pretend to be a social man.

  The matter of making a fortune in the war, he has already arranged almost everything, and the next thing is Xiangjiang.

   Facing a group of old foxes, this opportunity can be described as a once-in-a-lifetime opportunity. After this village, there will be no such shop.

"boss"

   Seeing Zheng Hiquan coming in, Yang Chen nodded, and pointed to the seat opposite, "Sit down."

   Zheng Hiquan nodded and sat down. Unlike Yang Chen's casualness, he sat very upright.

  Yang Chen put his hands together, leaned his feet on the sofa, and said with a smile, "How is it, how do you feel?"

   Zheng Hiquan was stunned when he heard the words, but for a while he didn't understand what Yang Chen meant, whether he meant Hang Seng Bank or him.

   Just as Zheng Hiquan was thinking about it, Yang Chen asked, "How much is Hang Seng Bank's total assets? How much reserve funds are there still available?"

   Zheng Haiquan: "Hang Seng Bank's total assets were close to 30 billion before, and the reserve fund has been maintained at a 35% cash-out rate, which is about 10 billion Hong Kong dollars.

  In addition to the funds you raised for financing, boss, and now Hang Seng Bank has a reserve capital of 13 billion, the cash-out rate has exceeded 40%. "

   Hearing that Hang Seng Bank has nearly 10 billion cash reserves, Yang Chen nodded secretly, spending 2 billion to buy Hang Seng Bank with nearly 30 billion total assets, plus 10 billion cash reserves, it is not a loss.

   In recent years, the scale of HSBC branches has expanded rapidly. Although Hang Seng Bank is the largest listed company registered in Hong Kong, it is not a sizeable opponent compared with British banks like HSBC and Standard Chartered.

The gap between the two is too large. Even if Hang Seng is the first Chinese bank, it is only a local medium-sized bank. As a city moving towards the financial center of Asia, there are numerous small and medium-sized banks in Heung Kong, which in turn creates competitive pressure. is too big.

  Because Hang Seng Bank is limited to the mainland and HSBC intends to suppress it, its total assets have been standing still and have not grown much.

   As early as 1972, when Hang Seng Bank was listed, its market value had reached one billion Hong Kong dollars.

   Up to now, even though the market capitalization of the Hang Seng Index has fallen due to the decline of the Hang Seng Index, it has only doubled to a market value of more than 3 billion, and the number of branches has also doubled.

  Hang Seng Bank’s market value and total assets have skyrocketed. It has to wait until the 1990s, when the inland economy took off and the number of inland branches increased to narrow the distance between Hang Seng Bank and HSBC.

  Hang Seng Bank can have total assets of nearly 30 billion yuan, which has not exceeded his expectations and has not fallen below his bottom line.

   Now, apart from He Shanheng and HSBC, 85% of Hang Seng Bank's shares are in his hands.

   If HSBC hadn't followed suit and maintained his shareholding ratio, Yang Chen's shareholding would have exceeded 90%.

   But it doesn’t matter, 85 out of 8, Hang Seng Bank is already his family business. As for whether to choose to go public next, it will depend on the situation.

   "What is the proportion of Hang Seng Bank's loan in real estate?"

   Zheng Haiquan said: "There are nearly 40% of the loans, more than 10 billion yuan. Now the Hang Seng Index has fallen, and the housing prices have also fallen. It is difficult to recover the loans in a short period of time."

   Hearing that nearly 40% of Hang Seng Bank's funds flowed into real estate, Yang Chen couldn't help shaking his head, this real estate is indeed a sweet treat, even if Hang Seng, a bank that claims to support small and medium-sized enterprises, is also not exempt.

   But it doesn’t matter, those real estate developers are not unsecured when they borrow money from banks. As long as Hang Seng grabs the silver bag next, and when all the small and medium-sized real estate developers have no money to turn around, those mortgages will become the property of Hang Seng Bank.

   It is 100% a good location that can make Hang Seng Bank fancy. Ordinary, Hang Seng Bank is impossible to lend money.

   After all, the three veterans of Hang Seng Bank have always adhered to the philosophy of supporting small and medium-sized business owners.

   These 40% are considered small at this time.

  At least 50% of the funds of other banks flowed into real estate. During the boom in the real estate industry, everyone wanted a piece of the pie, just like when the shipping industry was booming.

   That industry is hot, and social wealth will flow into that industry. In addition to the earliest shipping, and now real estate, the same will be true of Internet technology in the future.

  The top-ranked Internet companies in the future generations of Xiangjiang have a market value of several thousand trillions at every turn.

   How did these market capitalizations come about? It doesn’t matter who accumulated wealth in society. Once that industry has a good momentum, finance will be biased towards which side.

  ‘This is the capitalist society, the urine of the capitalists. ’

  —

   (end of this chapter)