"Then I will transfer 55% to the state-owned assets, and I will keep 15% for myself to run at home. However, the price must be premium. Commercial is commercial, and I can't let it get me any loss." Xiao Zhen said
"Of course!" Xiao Zhengtang looked at Xiao Duo.
"Don't worry about the market price, bro!" Xiao Duo said...
The next day, Xiao Zhen took the Romeo Executive VIP driven by Fan Dabo to the Liaison Office building in the Hong Kong Special Administrative Region.
After five days of haggling, Xiao Zhen refused to give in and it took five rounds of negotiating representatives to finally reach an agreement.
However, the result was different from what Xiao Zhengtang and Xiao Zhen had discussed. Xiao Zhen's Huasheng Investment held 35% of the shares of the new HSBC, Huaguang Investment held 16%, state-owned assets held 32%, and the rest were scattered investments from other Chinese businessmen and Chinese-funded institutions. For example, the diving queen's family held 5% of the shares, making them the major shareholder.
This result was caused by the first four waves of paupers sent over, who also wanted to take kickbacks from Xiao Zhen. Xiao Zhen sent away the first four negotiation teams on the spot and reported them to his Uncle Feng on the spot.
The result was that more than a dozen very famous families were implicated and uprooted. Things were normal only in the last round. We also saw Lin Jin, who was suspected to be the sister-in-law, making a cameo appearance in the negotiation team.
Xiao Zhen refused to give in. Since it had come to this, Xiao Zhen also promised to gradually reduce his holdings to 30% within 10 years.
He openly stated that he was not confident in the state-owned asset management personnel facing the temptation of money, and his uncle Feng's chief secretary, who was supervising the negotiations, blushed and lowered his head.
Even after 10 years, Xiao Zhen will still be able to easily control the board of directors. Don't forget that the Huo family has 5% of the shares. If the operation is standardized, Xiao Zhen will give the controlling rights to state-owned assets. Just watch out for any irregularities such as insider trading. Those who try to get involved will all feel the power of the players behind the scenes.
On May 18, the newly reorganized HSBC issued an announcement that the board of directors unanimously elected Xiao Zhen as chairman of HSBC Group, and the general manager was the president of CICC who was transferred here.
The Hong Kong gossip media just started to hype that Xiao Zhen was the shadow of Hong Kong, but died down the next day. On the third day, the Legislative Council introduced a new "News Control Law", which directly buried most of the media that made dirty jokes. This can be regarded as killing rabbits by robbing straw.
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