Chapter 666 [Wu Guangyao's influence]
At the end of November, Wu Guangyao was interviewed by a reporter from the Oriental Daily.
Reporter: "Mr. Wu, can I know why you came out for an interview this time?"
Wu Guangyao: "Because I feel very sad about the recent situation in Hong Kong! I saw many people squeezed into intermediary agencies and sold their hard-earned property cheaply. They would never have thought that in a few years, they would most likely not adapt to the environment and return to Hong Kong again; what awaited them was to buy back the property they sold now at a high price."
Reporter: "What do you mean is that this storm in Hong Kong will pass soon?" Wu Guangyao: "It cannot be said that it will pass soon. After all, the process of Sino-British negotiations is expected to be difficult, and seeking common ground while reserving differences is a long process. Some people are eager to see the formal resolution of Hong Kong's question, which has caused such social panic. In fact, you don't have to worry so much. I am already very satisfied with the attention and interest expressed by the two governments to maintain the current situation in Hong Kong recently.
I personally tend to believe that the Chinese government maintains Hong Kong's current and 1997 status through repeated emphasis on words and actions; therefore, we don't have to worry too much about the days 16 years later.
On the contrary, we should think about what we can do - we can work hard to develop Hong Kong, and in turn help Hong Kong provide development convenience to the mainland, thereby better ensuring Hong Kong's future."
Reporter: "Some people say there will be 'war'?"
Wu Guangyao: "This statement is ridiculous!"
Reporter: "So, are you optimistic about the future of Hong Kong?"
Wu Guangyao: "Hong Kong is the city with the highest return on investment in the world. Based on ten years of investment, Hong Kong can double its investment, while abroad only doubles. What I want to tell you is that Hong Kong experienced similar events in 1949 and 1967, and the result told us that panic and fleeing can only bring us losses; on the contrary, those calm people can make profits."
Reporter: "What will you do for Hong Kong next?"
Wu Guangyao: "I will increase my investment. As for specific projects, everyone can wait and see!"
Reporter: "Thank you for the good news you brought to us today!"
Wu Guangyao: "Thank you for giving me this opportunity! I want to say a few words at the end - the Japanese once said, 'The present of the United States is the tomorrow of Japan', and today I also want to say, 'The present of the United States is also the tomorrow of Hong Kong'; finally, I hope everyone will stay and build Hong Kong, and Hong Kong will definitely not let you down in the future!"
.........
A middle-aged man looked at the newspaper in tears, slowly lowered the newspaper for a long time, muttering to himself:
"Although I can live better when I go abroad, it is always true that I am not accommodating to the local conditions! Today, Hong Kong has become a real home and base, which can provide me with enough development opportunities!"
"I want to stay!"
For a time, many wealthy and skilled people who were preparing to immigrate stopped their actions and repeatedly pondered Wu Guangyao's interview reports;
The whole streets and alleys of Hong Kong were discussing, and everyone began to hesitate about leaving or staying.
Importantly, once Wu Guangyao's interview spread, the stock market immediately responded - the Hang Seng Index certainly rose by 10%, returning to 880 points;
Although the real estate sector is not as obvious as the stock market, there are obviously many fewer people in the intermediary exchange.
Everyone was talking about it;
Someone said: "The Wu family is so rich, and it is as rich as a country that has not yet escaped from Hong Kong. Why are we still running away!"
Someone said: "Mr. Wu is right. He is very experienced in this crisis and has never predicted mistakes. In 1949 and 1967, his experience is the best proof."
Someone said: "Yes! The market chaos is just caused by panic. If you sell the property now, wouldn't you lose to death!"
An interview by Wu Guangyao spread the entire Hong Kong through various media channels of Oriental Media. Its influence is even more effective than Thatcher's speech. At least the citizens feel very sincere!
.........
After the interview, Wu Guangyao urgently met with Chen Bi of HSBC, Lips of Standard Chartered Bank, Li Guowei of Hang Seng Bank, and Lei Hong of Everbright Bank to meet at Everbright Building.
In the conference room of Everbright Building.
Chen Bi's face was a bit complicated. Because of the affairs of Jianing Group, HSBC Bank was having a hard time;
Jianing Group went bankrupt. HSBC, as the largest creditor bank of Jianing Bank, is expected to generate a large number of bad debts;
If it weren't for the HSBC senior class that had great power, this matter alone would be enough to abdicate Chen Bi.
Chen Bi never expected that China Everbright Bank and Hang Seng Bank would have basically no losses on Jianing Group;
Even Standard Chartered Bank suffered very little losses because they transferred some of the loans from Jianing Group at a low price;
Among them, HSBC took over the bad debt of tens of millions of Hong Kong dollars.
The entire Jianing Group owes HSBC as much as HK$2.5 billion, nearly one-third of Jianing Group;
The case of Jianing Group is still under investigation, so the assets have not been auctioned yet, and I don’t know how much they can be recovered.
Wu Guangyao said, "I'm just talking about the serious business! This time I invited four people to meet to discuss the issue of self-occupied housing loans in Hong Kong. Our four banks are the top four local banks in Hong Kong. I think we should take on greater responsibilities. So, I have formulated some preferential plans for self-occupied housing loans for Hong Kong citizens. Let's see if you have any opinions, and I won't force it even if I don't participate. But I tell you, the greater the ability, the greater the responsibility."
After Wu Guangyao finished speaking, he signaled Lei Hong to distribute the plan to everyone!
At this time, the maximum housing loan period in Hong Kong was 10 years, which was only after years of development that it had been obtained;
Wu Guangyao remembers that the maximum period for housing loans in Hong Kong Island was only 3 years at the beginning, followed by 5 years and 8 years, and now 10 years.
This time Wu Guangyao proposed to increase the loan period to 20 years and provide discounts on interest rates to stabilize housing prices.
Except for Chen Bi, the other three are the heads of banks under the Wu family, so the key is to look at HSBC's attitude;
However, as the "pseudo-central bank" of Hong Kong Island, HSBC can still distinguish between major issues.
In the end, everyone agreed to the plan!
After the meeting, Chen Bi and Wu Guangyao held private talks in the office.
"Mr. Wu is such a good method and has quietly controlled Standard Chartered Bank!"
Wu Guangyao smiled and said, "Chen Bi's senior class is serious, it's just a normal business investment behavior, and it's not worth mentioning. HSBC has also acquired Haifeng Bank, even if it's acquiring Royal Bank of Scotland!"
HSBC acquired Haifeng Bank in 1979, but failed when it acquired Royal Bank of Scotland in the UK in 1981!
Last year, when HSBC acquired Bank of Scotland, Keira happened to complete control of Standard Chartered Bank;
As a result, Royal Bank of Scotland came to ask for help, hoping that Standard Chartered Bank would help him resist the acquisition of HSBC;
Not to mention that Standard Chartered Bank and HSBC are originally competitors, but Royal Bank of Scotland provided some help when Kera acquired Standard Chartered Bank, and could also provide some help within its ability.
Chen Bi did not care about Wu Guangyao's scar removal behavior, but instead said with a smile: "It's a pity that it failed!"
Wu Guangyao knew that HSBC's interest in acquiring large British banks has not diminished and will continue to make acquisitions.
Next, Chen Bi began to crazily test Wu Guangyao's views on the mainland, and at the same time expressed his interest in mainland investment;
"Mr. Wu, we have also been a business partner for decades. If you have the opportunity, I hope you can provide some help for HSBC to enter the mainland!"
Wu Guangyao said in his heart, "Isn't Li Chaoren, the partner who should ask for your support?" Why did he ask for it on himself?"
"I always believe that the mainland government will become more and more open and will welcome overseas investment. Please rest assured Mr. Chen Bi!"
Chen Bi was overjoyed. He knew that Wu Guangyao's vision would not be wrong!
The two exchanged views on the current situation in Hong Kong. Everyone has a common view that Hong Kong's economy cannot be chaotic;
As banks, everyone can shoulder greater responsibilities.
Chapter completed!