Chapter 540 A Thin Camel Is Bigger Than a Horse(2/2)
Given the size of HSBC, selling 49% of the shares for not to mention US$10 billion for one dollar is equivalent to getting nothing, but considering the huge hole, this transaction is not worth it.
Others don't know how much HSBC has lost, but Lei Weidong still doesn't know.
The wealth is now lying quietly in Lei Weidong's personal space, including more than 2,000 and nearly 3,000 tons of gold, four-digit foreign exchange and a large number of bearer bonds.
The amount was so large that Lei Weidong had a headache on how to launder the money.
Gold is easy to handle.
Although it has the stamp of HSBC on it, it just needs to be melted again, and you don't even need to find someone outside. The service system provides this service for a small fee.
Bearer bonds are also easy to handle and can be slowly laundered through the black market.
The only trouble is foreign exchange.
The amount was too huge. Pangdao would be discovered if he went to wash it. He could only lie quietly in Lei Weidong's space. It was worse than waste paper. At least the waste paper could be sold for money.
You can't even make money by selling these foreign exchanges.
Lei Weidong has a headache about how to spend money. You can imagine how he could jump into the hole in HSBC Bank, but he can still take advantage of the situation and grab some high-quality assets.
In the real world, a primary school student wrote in Sitting Well, "Li Jiacheng is worthy of his name. Xiangjiang is the city of the Li family."
In fact, this is just a symptom. The Li family seems to be prosperous, but it is actually supported by HSBC. Xiangjiang is actually the city of HSBC.
Thanks to the military support of Gui Lao and the advantage of the right to issue Hong Kong dollars, HSBC can eat the fattest meat in every crisis.
For example, in the 1973 oil crisis, due to the collapse of stock prices and the economic recession, the famous real estate company Hutchison Whampoa struggled in this crisis and almost fell into bankruptcy.
In order to keep the company, Hutchison Whampoa had to sell 30% of its shares to HSBC at a low price in exchange for a loan from HSBC.
Since the bank does not engage in real estate, after acquiring 30% of Hutchison Whampoa's shares, HSBC began to look for a successor.
In the beginning, HSBC was looking for a ghost guy so that the money would not go to outsiders.
However, as the mainland gained strength, HSBC realized that the wind was changing and had to change its goals. So Li Jiacheng, a real estate businessman who started out as a plastic flower maker, got into the eye of Shen Bi, the senior manager of HSBC.
With Shen Bi's matchmaking, Li Jia took advantage of the empty-handed tactics to acquire 22.4% of Hutchison Whampoa's equity, gained a reputation as a superman, and began his rise from an ordinary businessman to the richest man.
There is also the battle for Wharf owned by Tycoon Bao. Watching this battle go up and down, it is extremely thrilling. In fact, HSBC is doing the business of the left hand and the right hand.
Because not only does Tycoon Bao’s Global Shipping Group have a stake in HSBC, which is close to half of the shares at most, Tycoon Bao himself is also a shareholder of HSBC.
Even Jardine Matheson and HSBC also have shares.
In 1974, HSBC and Jardine Matheson exchanged shares. HSBC held a 5% stake in Jardine Matheson and Jardine Matheson held a 3% stake in HSBC.
In the Wharf acquisition case, HSBC was actually helping Jardine Matheson to get out of trouble. Otherwise, why would it have spent HK$2.2 billion to help Tycoon Bao force Jardine Matheson out of business?
Chapter completed!