I Want To Be a Rich Man on Hong Kong Island

In January 1960, Hang Seng Bank was officially changed to Hang Seng Bank. He Shanheng was the chairman of Hang Seng Bank, and Wu Guangyao successfully became a director.

At this time, Hang Seng Bank was only a medium-sized bank among Chinese banks, with a registered share capital of only 30 million, and a paid-in share capital of only 15 million Hong Kong dollars.

Wu Guangyao valued the potential of Hang Seng Bank, as well as the abilities of He Shanheng, Li Guowei and others;

It is not easy to open a bank by yourself. At this time, it is very easy to get a bank license. Coupled with my reputation in Hong Kong Island, it is no problem to set up a bank;

But the future development is a big problem, and the timing is not right!

Only when a large-scale "bank run on deposits" occurred in 1965 was the best time to enter the market by yourself.

In the meeting room of Hang Seng Bank, Wu Guangyao attended the shareholder meeting as a director, and the meeting was presided over by He Shanheng.

"In addition to announcing the establishment of Hang Seng Bank today, there is one more thing to inform everyone!"

The so-called briefing was just a briefing with Wu Guangyao, because Wu Guangyao never asked about Hang Seng Bank, nor participated in any operations.

The other shareholders are all the management of Hang Seng Bank, so they already know about it!

Wu Guangyao's actions seem to have forgotten that he has shares in Hang Seng Bank, but in fact, this is to let everyone in Hang Seng Bank relax their vigilance.

"Hang Seng Bank has purchased an old building on the side of the Central Fire Station, and is preparing to build the future Hang Seng Bank Building immediately."

Wu Guangyao regained his energy when he heard this, he is good at building buildings!

"Have you found the construction party? My Hong Kong Island First Construction has already had experience in building the Yangtze River Center commercial complex. In addition, two new buildings in the Central District are also preparing for construction. There is absolutely no problem in terms of technology. If Hang Seng Bank is interested , I will ask Hong Kong Island First Construction to give me a plan and quotation later." Wu Guangyao introduced himself as a business expert.

"Is the construction period in time? Guangyao, you have two buildings under construction at the same time. Is there still time to build the Hang Seng Bank building?" He Shanheng asked with concern.

"There is no problem at all. During the first construction of Hong Kong Island during the peak period, four large-scale real estate buildings and a commercial center were built at the same time; everyone, please rest assured that I am also a shareholder of Hang Seng Bank, so naturally I have to do it as my own business!" Wu Guangyao patted his chest and promised.

Soon everyone said yes,

After all, contracting to anyone is better than building Hong Kong Island; Wu Guangyao's reputation is still worthy of recognition, coupled with the achievements of Hong Kong Island Construction in the past few years, he is also in the forefront of all construction companies in Hong Kong Island .

Naturally, Wu Guangyao doesn't make much money, 5% to 10% is enough!

He Shanheng went on to say: "The bank property is the bank's reputation symbol, so we want to build it beautifully, with glass curtain walls and aluminum materials for the exterior walls, just like the glorious Ritz Hotel and Shangri-La Hotel."

"Brother He, you have vision! Although real estate may go up and down, if you look at ten years as a cycle, it will definitely go up!" Wu Guangyao agreed.

The funds for Hang Seng Bank to build the building are naturally from depositors, and it is impossible to use its own funds; therefore, there is no need to feel bad about being luxurious, anyway, it is not using your own money.

Of course, what is even more exaggerated is Liao Chongxing Bank, which also used depositors’ money to invest in real estate. Although it made a lot of money, it planted the root of disaster for itself; just next year (1961), Liao Baoshan announced that her family’s assets reached 100 million Hong Kong dollars , It can be said to be full of pride.

However, what followed was a liquidation incident (1961). Liao Chongxing Bank had a major crisis because it did not have enough cash to pay depositors. Liao Baoshan died in a hurry, and Liao Chongxing Bank was seriously injured (not much Depositors, bank reputation is the most important thing).

Therefore, Wu Guangyao also despised this kind of bank!

"Guangyao, you can choose our Hang Seng Bank for any loan business in the future; after all, you are also a shareholder of Hang Seng Bank, so you have to take care of it!" Li Guowei said suddenly.

Everyone immediately looked at Wu Guangyao with hopeful eyes. If they can win Wu Guangyao as a client, then Hang Seng Bank will be much smoother.

Compared with other loan customers, Wu Guangyao has a high reputation, and it is almost impossible to fail to repay the loan; the bank is most afraid of bad debts, so the loan is carefully selected customers.

Wu Guangyao's loan capacity is also high, perhaps tens of millions at a time, and the repayment is quick. These are the banking industry's heard!

But in these years, Wu Guangyao has never taken a loan from Huaren Bank, because these bankers are all from Guangdong Province, and they are not familiar with them!

Hearing what Li Guowei said, Wu Guangyao said generously: "There is no problem. Even if Li Dong doesn't say anything, I will bring it up later! But the amount of my loan is relatively large, and at that time, I can only distribute part of it to Hang Seng Bank." .”

"How big?" Li Guowei asked curiously.

"Let's make a base of tens of millions! Cheung Kong has neither debts nor deposits. So I plan to list Cheung Kong, raise part of the funds, and borrow part of the funds to continue investing in real estate construction."

Everyone gasped, Changjiang Industrial has a lot of ambitions!

The value of the commercial complex in the center of the Yangtze River has been valued by bankers, and it is as high as 250 million Hong Kong dollars;

There are regulations for Hong Kong Island companies to list, and the public shares must be more than 25%, which means that Cheung Kong can raise at least 62.5 million Hong Kong dollars.

Such a large sum of money is actually not enough for the development of Changjiang Industrial. It can be seen that this person in front of him really likes big projects.

After the meeting ended, He Shanheng, He Tian, ​​Li Guowei, Liang Zhiwei, Sheng Chunlin and others from Hang Seng Bank got together.

"This person and HSBC can be said to be the best partners, and they have achieved each other; HSBC has left Standard Chartered Bank far behind by virtue of its performance in the past few years; One of the richest people in the world." He Shanheng sighed.

"Well, what a pity! If we want him to fully support our Hang Seng Bank, I am afraid there is only one condition, and that is to let him join the Hang Seng Bank!" Li Guowei said vigilantly.

When everyone heard it, they repeated the old story again.

He Tian said: "Looking at Wu Guangyao's industry, the bank is indeed what he lacks. At the beginning, he took the initiative to ask for a stake, although it was only 5%, but he may not have no idea about our Hang Seng Bank. Maybe, what is he waiting for! Could it be waiting for us to go public? "

"He has no chance to go public. Hong Kong Island allows AB shares. As long as we plan well, it will be difficult for outsiders to shake our position!" As an expert who has drunk foreign ink and has a practicing certificate issued by the London banking industry, he can be described as Very proficient in these.

"That's what crisis is waiting for! Leave him alone for now, Wu Guangyao has always been an upright businessman, we don't need to be mediocre! But we need to be more cautious in the future, and don't allow anyone to take advantage of the loopholes." He Shanheng said in a seasoned manner.

When everyone heard this, they nodded one after another, that's all they can do!

As long as you don't show your flaws, others will have no chance. This is what everyone in Hang Seng thinks at this time!