Hardy Empire 1945
Chapter 290: Benefiting the People, 11 Happiness
Hardy's Empire 1945 New () Find the latest chapter!
Negotiations the next day.
When David walked into the meeting room, he was still holding the newspaper in his hand, and put the newspaper beside him when he sat down. The people from HSBC knew this posture and knew that the other party must have read the news.
HSBC's momentum has become even lower.
Banks run, people riot.
This is a very major crisis event for a bank, and there are countless examples of bank failures due to bank runs in history.
Coupled with shrinking business and bad debts.
HSBC can already be listed as an unsuitable investment company.
Without waiting for HSBC to speak, David took the lead and said: I am impatient. You know that in the UK, the Rockefeller Foundation can invest in many projects, such as oil, mining, banking, and tobacco. There are too many.
HSBC is just one of many companies, and now there are so many problems. To be honest, I have gradually lost interest in this investment.
I'm making an offer now. If you agree, then the deal will be made. If you don't agree, the investment will end here.
Accounting for HSBC's total market value of 113 million, we want to acquire more than 51% of the shares.
After David finished speaking, he looked at the people from HSBC.
Darville Sassoon frowned, Mr. David, we don't plan to sell that many shares, and the price is also...
Before Davier could finish speaking, David raised his hand to stop the other party, My conditions have been laid out, you can decide whether to agree or not, well, I still have a lot of things, let's stop the negotiation here, if you agree, You can inform us again, if you disagree, there is no need to contact us.
David stood up after speaking, nodded his head and walked out.
The Rockefeller team followed closely behind and left the conference room together.
The HSBC people were left hanging there.
Davel Sassoon sighed helplessly. Now that HSBC is in such a situation, it may collapse at any time, and normal investors would not want it.
Mr. Sassoon, what shall we do? Someone asked.
Go back and discuss with the shareholders. Those who are willing to sell will be sold, and those who are not willing to sell will be kept. Davel Sassoon said angrily.
…
In the past few days of fighting wits and courage with HSBC.
Hardy did a lot, too.
He has reached a cooperation with a British shipping company, the name of this British shipping company is Liverpool United Shipping Company, and its predecessor is the famous White Star Shipping company.
'White Star Line' don't know?
It is the owner of the famous Titanic. On April 15, 1912, the Titanic hit an iceberg and sank during its maiden voyage.
Later, White Star went bankrupt and sold to another shipping company in Liverpool, Canard Company. During World War II, Canard Company also suffered heavy losses. In order to survive and report to the regiment for warmth, a few years ago, several small Liverpool shipping companies were combined to form 'Liverpool United Shipping. company'.
Now the company has more than 50 freighters, the small ones are more than 2,000 tons and the large ones are more than 10,000 tons, ranking among the top three British shipping companies.
They are on the investment list this time.
Hardy asked the president of Wells Fargo to contact the other party. The other party heard that the Hardy Group was very interested, and the president led a team to negotiate with Hardy.
After two rounds of negotiations, Hardy invested in 20 Liberty ships and 5 Victory ships, and obtained 25% of the shares of Liverpool United Shipping.
At the same time, Hardy Shipping leased 50 free ships to Liverpool United Shipping. This lease can earn Hardy 10 million a year.
There is no need to have seamen, Britain's own seamen are sufficient.
The United Kingdom is an island country that relies heavily on shipping. In the past, the British colonies spread across the five continents of the world, and shipping companies continuously transported materials from all over the world to the British mainland. Now Britain needs to rebuild and live, and still needs shipping companies to transport materials from other countries. The country is shipped over, so in the future, British shipping will inevitably rise.
Hadi has become the controller or major shareholder of six shipping companies.
Hardy Shipping, Hong Kong Global Shipping, French Bolloré Shipping, Italian Mardi Shipping, Dutch Nile Shipping Company, and British Liverpool United Shipping.
Several companies will cooperate in the future.
Counting it now, Hardy Shipping Group can now be regarded as one of the largest shipping companies in the world, with routes all over the world.
also.
Hardy has also acquired stakes in some luxury goods businesses.
Burberry.
Dunhill.
…
In fact, what Hardy most wanted to buy was shares in Rolls-Royce, which has two brands, Rolls-Royce and Bentley.
It's a pity that they don't sell it.
It’s quite arrogant, since it doesn’t matter if you don’t sell it, in fact, you can’t make any money buying Rolls-Royce shares. Anyway, in Hardy’s view, it’s not profitable. He wants nothing more than he likes this brand.
It doesn't matter.
In the future, Rolls-Royce will go bankrupt and be bought by others, and more than once, and then come to buy you again to see how proud you are.
Still, Hardy ordered several cars from Rolls-Royce.
Six Rolls-Royce fourth-generation Silver Spirit convertible sports cars, all of which are custom-made unique colors, were selected by Hardy himself, and these cars are given to women.
As for himself, he also ordered one, and this car has not yet been released. It is the latest Phantom IV designed by Rolls-Royce.
This car was specially built for Princess Elizabeth, and the princess's new car is still under construction. Hardy immediately fell in love with the calm and atmospheric shape when he saw the drawings, and proposed to order one. Rolls-Royce is once again proud express.
not for sale.
High or low do not sell.
This is specially made for the princess, not for sale.
Hardy felt that I was the only one in his heart, and finally found the relationship directly with the British Prime Minister. Hardy was a distinguished guest of the American delegation to help Britain resume production.
The British Prime Minister was also a little embarrassed, so he had to call the palace to ask the opinions of King George VI and Princess Elizabeth.
The future queen, Princess Elizabeth, is very generous, saying that the members of the inspection team are all distinguished guests who have come to the UK to invest and help the UK, and she has also heard of Jon Hardy, who is said to have billions of dollars in assets. They came to support the construction of the UK and want to To order a car should be met.
Moreover, this can also stimulate the British economy.
You must know that a car costs more than 100,000 pounds, which is equivalent to more than 200,000 US dollars. Even now, Rolls Royce is the most expensive car.
Princess Margaret was beside her father and sister. When she heard this, she curled her lips and said, That man named Jon Hardy really doesn't have a top hat, even Rolls-Royce said he wouldn't sell it. Still have to find it.
George VI looked at his younger daughter and smiled, then said to his eldest daughter: The royal family is going to hold a ball in a few days to entertain the aid group and the investigation group. I have already explained this matter, and you will be in charge of it next. .”
Good father. Princess Elizabeth replied calmly.
Princess Margaret rolled her eyes, thinking of that Jon Hardy, she thought that she should be able to meet that annoying guy at the ball, and if she had the chance to secretly humiliate him, she would probably look very bright then.
With the consent of the British royal family,
Hardy owns a car of the same model as the future Queen of England, but it may take a year or two before he wants to get the car.
…
Five days have passed.
Things have not subsided at HSBC Hong Kong.
Thousands of people gathered outside the gate all day long, chanting slogans and demanding payment of passbooks. HSBC's gates were closed and unable to work.
These people have the attitude that if you don't pay, you will never leave.
HSBC's normal business could not be carried out at all, and all activities came to a standstill. The management was at a loss and asked the board of directors for opinions.
No one on the board of directors cares about whether to start business now, and they are all considering whether to sell shares. Now the bank itself is in trouble, and there will be a major crisis in the future. Once Hong Kong takes it back, HSBC’s most valuable right to issue money will no longer exist. Looking at the few branches in Southeast Asia, they can't sell a few million.
They are all investors. When they see investment risks, they think of how to maximize their own interests, and sell their shares at a high price while there is still an opportunity.
Sell,
This is already a consensus.
It's just a matter of price.
Rockefeller's offer was too low, far from meeting their expectations, but at this juncture, there was a squeeze incident, which exposed all the problems they had covered up at once, and the value was naturally greatly reduced.
meeting room.
The atmosphere is not harmonious.
A shareholder of HSBC stood up and said in a deep voice: We have had a meeting for two days, and I don't think it can be delayed any longer. The Hong Kong headquarters is crowded with people withdrawing money, and greater conflicts may break out at any time. I will report to the Hong Kong Police Department The chief sent a telegram, but he said that he has tried his best now, and he has no way to suppress these people by force.
Everyone, whether you agree or not, I am already planning to sell. I am worried about the future of HSBC, so I decided to terminate this investment. If you do not agree to a collective sale, then I will contact the person who wants to acquire shares individually.
Everyone else frowned.
When a crack appears in a dam, it means that it is not far from breaking.
HSBC contacted David Rockefeller and informed them that they agreed to the other party's offer and were planning to sell more shares because many shareholders were not optimistic about the future of HSBC.
In particular, the two largest shareholders, the Sassoon family and the Freeman family, are preparing to sell all their shares, and some families choose to dilute and sell part to avoid risks.
The final stake that HSBC is going to sell is 54%.
On the day of the transaction, David took Hardy with him and introduced to the HSBC staff: This is Mr. Jon Hardy from the Hardy Group. You must have heard of it.
The shareholders of HSBC naturally heard about Hardy, and shook hands with Hardy one after another.
David continued: This transaction is very risky. I found a partner, so this acquisition was completed by Manhattan Bank and Wells Fargo.
HSBC doesn't care whether there is one acquisition or two acquisitions. They just want to sell their shares as soon as possible.
Before coming here, Hardy and David had already negotiated. A large part of the reason why David started this business was that he wanted to join hands with Hardy. He is not a person who likes to gamble, so David plans to spend most Shares to Hardy.
In the end, HSBC sold 54% of the shares, Wells Fargo acquired 34%, Manhattan Bank acquired 20%, and Hardy suddenly became the largest shareholder of HSBC, spending more than 38 million US dollars.
After the transaction was completed, a board meeting was held to announce that Hardy became the new chairman of HSBC. Hardy discovered that the four major Hong Kong firms, Swire, Jardine, Wheelock, and Hutchison, all held shares in HSBC, but not many, each with only 100% Four or five or so.
The bank changed hands, and HSBC President A.H. Saunders immediately brought several vice presidents to the UK to meet the new chairman.
When they came, they were very worried. They heard that the new chairman is the owner of Wells Fargo Bank. They have their own bank. Will they all be replaced?
When meeting with the bank's management, David specifically asked to follow along to see how Hardy dealt with HSBC's current problems.
Hello, Mr. Hardy, hello, Mr. Rockefeller. Sanders greeted the chairman and major shareholders respectfully.
Then he reported the current situation of HSBC to the two major shareholders. In fact, Hardy had already found out the situation of HSBC. Hearing Sanders' more detailed report confirmed a lot of his information.
After listening to Sanders' report, Hardy said: The biggest problem now is the issue of cashing out, right?
right.
I will help you solve this problem. Wells Fargo and Manhattan Bank will temporarily loan a sum of money to HSBC, which is enough to pay all the money orders and deposits. This matter must be solved beautifully. As long as you come to withdraw the money, you must pay it and guarantee HSBC's reputation.
Second, Hardy's company will send an assistant to the chairman. I don't know if you know Victor, he will be the assistant to the chairman. At the same time, Wells Fargo and Manhattan Bank will each send a supervisory director to the management.
Thirdly, the management must be mentally prepared. I am afraid that business in mainland China will be completely stopped. HSBC, which is still operating in Shanghai, Guangzhou and other places, must withdraw to Hong Kong as soon as possible to avoid sudden chaos caused by the incident.
Fourth, with regard to the sale of assets by Hong Kong companies, Mr. David and I have the opinion that we should take advantage of low prices to buy high-quality assets in Hong Kong, such as land, companies, luxury houses, docks, warehouses, buildings, etc.
Every financial crisis is a great opportunity to make a fortune and counterattack. As long as we seize this opportunity, we will earn countless times more than the normal investment. The annual growth of 5%~10% in normal investment is already very good, and an increase of 20% is already good. It is excellent, but during the financial crisis, if you are optimistic about some projects that will rise in the future, the rate of return may be hundreds of times and thousands of times.”
Finally, I would like to talk about your affairs. For the current management, I don't plan to make adjustments for the time being, but I will conduct an assessment. I hope everyone can pass the assessment of Hardy Group and continue to serve HSBC.
After hearing this, the management of HSBC said that they must do their work with all their heart and responsibility.
The management meeting is over.
David's view of Hardy is to give both kindness and strength, the management is hard-lined, and he handles things neatly. However, there is a question. When did he agree to lend money to HSBC from Manhattan Bank? David immediately asked.
Hardy looked at David and said, You are the major shareholder of HSBC. If you don't take the money, whoever will take the money, and you only borrow and pay interest. In fact, HSBC's financial situation is not that bad. It's just that there is a run on the bank and there is a shortage of cash flow. Each of our two families took out 20 million yuan, and as soon as the money was put in the vault, the situation calmed down immediately.
When HSBC calms down, the money will be returned soon.
David thought about it and agreed, Okay, I'll send a telegram asking Manhattan to borrow 20 million to HSBC.
After David left, Hardy secretly laughed. When the money arrives, the acceptances and savings slips he collected will come into play. That is more than 26 million US dollars. When the money is taken If you get it, you will get more than half of the money you paid for buying HSBC shares this time.
And I heard from Mr. Xu in the north that this time, because of haste, only so many were found, and it is estimated that there will be a batch.
If there are so many more and Hardy converts them into cash, then all the money for the acquisition of HSBC will be returned, which is equivalent to getting HSBC for nothing.
This should be regarded as another empty-handed white wolf success.
HSBC has so many assets in Hong Kong. When the Hong Kong turmoil passes, this asset will inevitably increase sharply. By then, only relying on Hong Kong assets will become the richest man in the world.
Now that HSBC is in my own hands, I will definitely not do those nasty things in later generations in the future, and will only benefit the people.
Happy Eleven everyone.
Mid-Autumn Festival is late, this time it’s not too late, O(∩_∩)O
For the convenience of reading next time, you can click Favorite below to record this (Chapter 292 Benefiting the People Happy Eleventh) reading record, and you can see it next time you open the bookshelf!
If you like Hardy Empire 1945, please recommend this book to your friends (QQ, blog, WeChat, etc.), thank you for your support! ! ()
You'll Also Like
-
Devour the Ancient Emperor
Chapter 4627 10 hours ago -
Wedding Night: I Am Forced To Marry A Dragon Girl
Chapter 2008 10 hours ago -
Reborn As An Interstellar Giant Mosquito
Chapter 3527 10 hours ago -
Abandoned Woman Busy Farming
Chapter 3242 10 hours ago -
Ancient Martial God
Chapter 2724 10 hours ago -
Ex-wife strategy: Mr. Fu insists on pampering me
Chapter 2317 10 hours ago -
A scrap collection station comes to mind
Chapter 2883 10 hours ago -
I, signed for ten thousand years, was exposed by my beautiful apprentice
Chapter 2016 10 hours ago -
The villain BOSS of the quick-traveling heroine is poisonous
Chapter 2040 10 hours ago -
American comics: Old Wolverine, do whatever he wants
Chapter 120 1 days ago