Chapter 339 Rockefeller vs. Jardine Matheson
In the capital market, banks play a very important role.

It can even be said that it is the source of many businessmen and the driving force behind the myth of the welfare of the capitalist world.

Taking Hong Kong Island as an example, almost all of the wealthy Chinese people in Hong Kong today have banks behind them.

Bao Yugang received the support of HSBC. It was with the support of HSBC that Bao Yugang gradually expanded his shipping empire and became the world's number one shipping tycoon.

Now it has even crossed the sea and swallowed up the famous Wharf Group in one fell swoop, and its business is booming.

Not to mention other real estate companies.

Behind Sun Hung Kai Properties and Henderson Land Development is Hang Seng Bank. Without the support of Hang Seng Bank, Sun Hung Kai Properties and Henderson Land Development would not have developed so smoothly.

Li Ka-shing of Cheung Kong Holdings was not considered a top real estate tycoon before, but now this guy has caught the eye of Shen Bi. With Hutchison Whampoa, Li Ka-shing has risen to become one of the top real estate tycoons in Hong Kong Island.

It can be said that as long as any businessman has a relationship with a bank, he has the possibility of becoming an ant swallowing an elephant.

When Newbigin heard that Chase Manhattan Bank was behind the acquirer, he knew that things were getting serious.

If it was just an ordinary company, even a well-known listed company acquiring Hutchison Whampoa, Newby would not have any worries.

But once a bank is involved, especially a bank like Chase Manhattan, Newbijian has to take it seriously.

You have to know that even HSBC is several levels behind today's Chase Manhattan.

That's a famous bank in the United States, a world-class one.

In comparison, although HSBC is a giant in Hong Kong Island, it is only a regional level bank and is far behind Chase Manhattan Bank.

While Newby was contacting the Keswick family in London, Li Changhe was leisurely strolling around the major stock exchanges in Hong Kong Island.

He is looking at the acquisition of Hutchison Whampoa shares.

Because Dongfang International was not as famous as Bao Yugang, Li Changhe also thought that once the advertisement was published, investors would flock to sell their stocks.

That is obviously impossible. After all, if you have no fame, it is impossible for investors to trust you.

Furthermore, having just experienced the Wharf Warehouse battle, investors have learned a lesson.

Swire Properties can be said to be the number one real estate company in Hong Kong Island. If the acquisition is true, Jardine Matheson will definitely take counter-acquisition of the shares.

By then, there will inevitably be another round of high prices.

Therefore, even if the price offered by Li Changhe is good, most investors are still waiting and watching.

Of course, there are also some investors who prefer to lock in profits and make a move first without waiting for the scramble.

After all, many investors who had been waiting and watching Wharf Holdings’ stocks did not sell them in the end, and they ended up wasting their money and losing a lot of money.

So, generally speaking, although there was not the explosive sales situation like that of Hutchison Whampoa, with the release of Li Changhe's advertisement, the speed at which China Eastern International acquired Hutchison Whampoa shares was indeed much faster than previous acquisitions.

After a walk, Li Changhe drove to Deep Water Bay and first took a look inside his villa.

The construction team made rapid progress, and Guan Jiahui really paid attention to the work. Every time Li Changhe came, he saw her supervising the work seriously and not slacking off.

After casually praising her a few words, Li Changhe drove to Bao Yugang's mansion.

The closure of Hutchison Whampoa was also a big event for Bao Yugang.

Acquiring Hutchison Whampoa means that the focus of the Bao family's industry, in addition to shipping, can be shifted to land.

However, taking over Wharf Holdings is not a matter of overnight. Although Wu Guangzheng brought his team to take over Wharf Holdings, Bao Yugang still stayed in Hong Kong Island and took charge personally.

That's why he stayed in the villa to rest today. After all, he was really exhausted these days.

Li Changhe knew that Bao Yugang was at home, so he went straight to Bao's house.

On the lawn in front of the Bao family villa, Bao Yugang was supporting his father Bao Zhaolong for a walk.

"Dou Aya (Grandfather)"

Li Changhe came over, supported Bao Zhaolong from the other side, and called out respectfully.

"It's Ayang."

"You came just in time. I heard that you have already started to buy enough land. How is the progress?"

Bao Zhaolong asked Li Changhe curiously as he walked.

He was also an outstanding entrepreneur in his time. He opened a factory and ran a bank.

It can be said that Bao Yugang’s growth in banking is largely due to Bao Zhaolong’s teaching.

The father and son sometimes discuss some business plans. Although the old man is over 80 years old, he is still sharp-eyed and sharp-minded.

“I just went to check it out, it’s pretty good!”

When Li Changhe heard Bao Zhaolong's question, he immediately answered.

"Nonsense! Although you hired people from Manhattan Bank, they have no roots in Hong Kong Island."

"It's very difficult to get people to sell you stocks just based on an ad in a newspaper."

"You have to find a way to gain the trust of local shareholders."

"Otherwise, if Jardine Matheson strikes back, your acquisition may fail."

Bao Zhaolong spoke to Li Changhe earnestly.

"Dad is not trying to scare you. Yihe may be richer than you think."

"Come to think of it, I overlooked this matter. You happened to be leaving Hong Kong Island at that time."

"In January, Hong Kong Land sold a building for nearly 1 billion yuan."

"Even if part of it is used for company operations, there should still be some money in the hands of Hong Kong Land."

Bao Yugang reminded Li Changhe.

Hearing this, Li Changhe said thoughtfully: "Uncle, you are talking about the transaction between Jardine Matheson and Jianing Group, right?"

"Yes, you knew about this?"

Bao Yugang looked at Li Changhe curiously and asked in surprise.

"Yes, I know. Actually, I learned the method of gaining the trust of Hong Kong Island stock investors from Chen Songqing."

Chen Songqing, chairman of the Carrian Group, concocted the largest capital fraud case in Hong Kong history.

He was originally a bankrupt real estate businessman, but he was eloquent and borrowed a large amount of funds from overseas with his eloquence, and then packaged himself as an overseas capital tycoon in Hong Kong Island.

Sometimes he is a capital tycoon in Europe and the United States, sometimes he is a good friend of the wife of the Philippine President, and sometimes he is the spokesperson of our mainland government. His identities are confusing. In short, he seems to be a capital tycoon with great powers.

In just a few years, he had more than 200 companies in Hong Kong Island, and his nominal business spread across the world.

He bought a listed company, Hanmei, in Hong Kong Island, and then changed its name to Carrian Group. He also purchased buildings from Hong Kong Land and developed various lands to fabricate company profits.

Then the stocks of the Carrian Group attracted crazy pursuit from the citizens of Hong Kong Island.

He deceived all banks in Hong Kong Island, even banks like HSBC, and not only lent him huge amounts of money, but also launched multiple cooperations with them. It was not until the Sino-British negotiations that the ownership of Hong Kong Island was finalized and the real estate market plummeted that the money swindled by the Jianing Group could no longer be sustained, and the company eventually collapsed.

This case, which is considered the biggest fraud in Hong Kong's history, was just exposed.

However, it is only 1980, which is the beginning of Chen Songqing's glory. Now he has packaged himself as a business genius with overseas capital. He bought the Golden Gate Building of Swire Properties and renamed it as Jianing Building, which is triggering enthusiastic pursuit of Hong Kong investors.

"Chen Songqing, I always feel that his Jianing Group is a bit weird. For example, he used US dollars to buy the Golden Gate Building, and it was more than 200 million US dollars."

"To be honest, his writing is no less impressive than yours."

Bao Yugang frowned and said thoughtfully.

“Uncle, his money comes from Malaysia!”

Li Changhe said to Bao Yugang with a smile.

"Malaysia, you mean? But I haven't heard of any wealthy people there making such a large investment? Guo Henian? The Lin brothers?"

Bao Yu just heard what Li Changhe said and asked in confusion.

“It’s not the Chinese tycoons in Malaysia, but the Malaysian officials, or more precisely, it’s from the Malaysian Finance Minister Tengku Razaleigh Hamzah.”

“Malaysia’s finance minister?”

Hearing Li Changhe's words, Bao Yugang looked at Li Changhe in shock.

Bao Zhaolong also stopped and looked at Li Changhe curiously.

Li Changhe did not keep the secret and said with a smile: "This matter is actually not complicated."

"Tan Songqing's money came from Malaysia's U-Ming Bank, which was founded by Tengku Razaleigh, but it is not a private bank, but a Malaysian state-owned bank."

“Tan Song Qing was introduced to Guli (Guli is the abbreviation of Tengku Razaleigh) by Lee San Choon, the chairman of the Malaysian Chinese Association in Malaysia.”

(A little knowledge: UMNO is the ruling party of Malaysia. MCA is the full name of the Malaysian Chinese Association. It is considered a political party of the Malaysian Chinese. However, it is a traitorous organization that is in cahoots with UMNO. It does not fight for the interests of the Malaysian Chinese, but has become a minion of UMNO's anti-Chinese movement.)
"Gu Li was fooled by Chen Songqing. Of course, it is possible that she did it deliberately. She sent Chen Songqing to Hong Kong Island and lent him money from Yumin Bank. On the surface, it was an investment, but in fact, it was a transformation from public to private."

"This matter is also related to the factional struggle within the ruling party UMNO in Malaysia. Tan Song Ching is just a glove of the Ku Li faction."

Li Changhe simply said to Bao Yugang.

He couldn't say much about other things, but he knew a lot about the Jianing case because he had looked into this matter when he was writing his novel about Malaysia in his previous life.

If we simply look at the events in Hong Kong, the Jianing case involving Chen Songqing's fraud was a very suspenseful case, and the Hong Kong media themselves did not even write it clearly.

But when the case is expanded to the whole of Southeast Asia, many things are actually connected together, so the case is not complicated.

To put it bluntly, it was an infighting among several bigwigs within the Malaysian political party UMNO. One of the bigwigs sent Chen Songqing to Hong Kong Island, using the Hong Kong Island's mechanism to launder money and turn state-owned assets into private ones.

However, this matter was later discovered by people within Yumin Bank, who felt that it had caused a loss of state-owned assets. They wanted to conduct an in-depth investigation but were assassinated in Hong Kong Island.

Then this murder case triggered the intervention of the Hong Kong police. In the end, a lie needed to be covered up with constant lies. One person died, and the lid had to be covered up with the lives of other people.

In the end, four people died, including a Hong Kong police officer. The matter became more and more serious, and finally the case was solved.

But even if it is exposed, there is no point, just like Chen Songqing, who was acquitted at the beginning and nothing happened.

It was not until ten years after the incident that he was sentenced to three years for fraud, one of which was served outside prison in a hospital.

So, behind those seemingly bizarre cases, there is actually an internal logic, but ordinary people just can't see it.

This was a strange case in Hong Kong Island, but it had been uncovered long ago in Malaysia, so Li Changhe knew it clearly.

"So that's how it is. I was wondering, a person who came back from overseas inexplicably brought back hundreds of millions of dollars and became a real estate tycoon overnight."

“It turns out that behind him is Malaysia’s National Bank.”

Bao Yugang said with sudden enlightenment at this moment.

"Ayang, you are well-informed. I guess there are not many people in Hong Kong who know Chen Songqing's background, but you know it clearly."

Bao Yugang then said to Li Changhe with emotion.

Li Changhe smiled and said, "Some other sources of information happened to know this."

Bao Yugang heard this and didn't ask any more questions.

To put it bluntly, this kind of thing involves the political situation in Malaysia, and ordinary businessmen will never pay attention to the situation there.

Those who pay attention to these are either in the political or business field, or...
So Bao Yugang wouldn't ask too many questions, as these were Li Changhe's own channels.

"So, you are planning to package yourself as the second Chen Songqing to gain the trust of Hong Kong Island investors?"

Bao Zhaolong asked with a smile at this time.

Li Changhe shook his head: "No, Grandpa, it's too easy to package ourselves as Chen Songqing, and there's no point. We just need to learn Chen Songqing's techniques."

"Compared to overseas financial groups, we have a real number one overseas financial group here."

"You mean the Rockefellers?"

Bao Yugang said in surprise at this moment.

"Yes, we don't even need to point this out. You know, Hong Kong newspapers love to exaggerate associations and make up all sorts of nonsense."

"I have arranged for someone to leak the relationship between Chase Manhattan Bank and the Rockefeller family. We did not lie about this."

"When the time comes, naturally some newspapers will fabricate all kinds of false stories about Rockefeller's involvement in order to increase sales, just like they fabricated all kinds of identities for Chen Songqing."

"In my opinion, Hong Kong stock investors love this kind of thing. The story of Rockefeller versus Jardine Matheson is definitely what the newspapers like to make up the most and what the stock investors like to read the most."

"As long as these rumors spread, given the reputation of the Rockefeller family, I believe they will make their choice."

This is not the future era of global Internet access, where you can find almost any information by searching online.

Information transmission in this era is actually limited, so the cost of falsification is very low.

Otherwise, Chen Songqing, a white glove supported by Malaysian capital, could have cheated in Hong Kong for several years and defrauded tens of billions of assets.

Besides, Li Changhe doesn't need to forge information. Jim and his team are a legitimate subsidiary team of Chase Manhattan Bank, and Chase Manhattan Bank is the core bank of the Rockefeller family.

So, is there a problem with Rockefeller versus Jardine Matheson?

No problem at all!

"Your idea is good. It's just taking advantage of the situation. I was just wondering how to show you in front of HSBC. Now that you mentioned it, I have an idea."

At this moment, Bao Yugang also smiled and said to Li Changhe.

Li Changhe's actions gave him inspiration.

"I'll contact David later. By then, your identity in Hong Kong Island, including the money you earn, will be safe."

Bao Yugang said to Li Changhe confidently at this moment.

Li Changhe knew that the David he was talking about was not just any David.

In all likelihood, it is the current head of the Luo family, David Rockefeller!
(End of this chapter)