Chapter 732
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At this stage, Niu Bijian, the Jardine team, is worried not only about Jardine's increasingly severe debt burden, but also that the kaiserk family, the controller of Jardine, once again begins to distrust the Jardine management led by Niu Bijian. There are signs of replacement.
It's a little fortunate that Jardine's bad situation of becoming more and more powerful outside and more powerful in the middle is limited to a very small circle, especially ordinary people. The impression still stays in the old stage of Jardine's being the largest consortium in Xiangjiang.
However, Niu Bijian is not sure how much Sir Gao knows about Jardine's actual operation. Anyway, the loan alliance led by Yili, Huifeng, Standard Chartered and other banks are more and more attentive to Jardine's "booing cold and asking warm", which makes Niu Bijian, Bao Fuda and other Jardine executives both afraid and annoyed!
On Gao Xian's side, his mastery of the current situation of Jardine is far beyond the imagination of Niu Bijian and others. However, at present, Gao Xian's energy is mainly focused on the banking industry, successfully quell the tide of crowding out, and promote the commonly known Gao Xian report to enter the Xiangjiang bank Ordinance. Such a significant contribution must be given priority.
Gao Xian was quite satisfied with the results of this meeting. Governor Youde, Deputy Chief Secretary Xia Dingji and financial secretary Peng Lizhi all clearly affirmed Gao Xian's leadership and contribution to the bank.
On this occasion, we should do our best to save face. The first merit should be done, but there is no need to monopolize all the credit. Gao Xian pulled the representatives of banks who are members of the Committee of Xiangjiang Banking Association and said that it all depends on everyone's sincere cooperation.
After these banquets, Gao Xian can breathe a sigh of relief. He left the central government office and got on the bus with Chen Zuze and ye Licheng.
"We should not slacken the promotion of the revision of the banking regulations. This is the right way. As long as we succeed, we will have a widely recognized industry leader authority." Gao Xian loosened his tie and told his subordinates casually.
Chen Zuze said optimistically: "judging from the good response of this meeting, the revision of the banking regulations can be completed according to our proposal by the first half of this year at the latest."
Ye Licheng calmly analyzed: "like the full implementation of the previous three-tier financial system, the buffer period should be indispensable, and the accumulated disadvantages in the banking industry may break out during this period."
"You're all right." Gao Xian nodded. "However, the situation is too complex. We can only give priority to ensuring that the one-year term of office of Yili bank as chairman of Xiangjiang banking association is enough to hand over qualified answers."
Following Ye Licheng's remarks, Chen Zuze said: "we have broken through the first level of the tide of crowding, and then the enterprise is heavily in debt, which may have an impact on the bank."
"To save the enterprise, we should also choose those really valuable goals." Gao Xian said faintly and picked up today's financial newspaper.
Ye Licheng said with a smile, "of course, people like Jianing and Yida are bottomless holes for people."
Quickly browse the high string of the newspaper, suddenly eh, "has Yingshi group determined its successor?"
Ye Licheng and Chen Zuze took over the newspaper and read it respectively. It was originally reported that Luo Yingshi, who founded Yingshi group, officially appointed his fourth son Luo Jiarui to comprehensively preside over the daily work of Yingshi group.
Chen Zuze was also quite surprised. "Luo's ability to store Rui is very excellent. How come Luo Yingshi chose his brother to fully preside over the daily work of Yingshi group."
Gao Xian added playfully: "and as far as I know, unlike Luo churui, who is proficient in investment business, Luo Jiarui's major is medicine."
"I'm afraid the current difficulties encountered by Yingshi group and the Luo family have triggered this important personnel adjustment." ye lichengsi said: "Yingshi group has three listed companies: Yingshi real estate, Regal Hotel and bailibao. In the previous bull market environment, Yingshi group has unlimited wind and light. It is called a top three by the media, but now its market value has fallen by at least 80%
"At its root, Yingshi group is in an operating crisis. Although its debt level is far lower than Jardine's 10 billion level, its loss is at the billion level, which is as serious as Jardine's."
When ye Licheng said this, he noticed the slight movement of his boss's look and hurriedly continued: "for more details about Yingshi group, Gaoyi should be able to find more."
"Speaking of, the plight of Yingshi group is a typical example of Xiangjiang Chinese funded company. In the previous period of economic overheating, the rash operation finally led to the bitter fruit at this time." Gao Xian nodded slightly. "By the way, I haven't seen Luo churui for some time, and I don't know whether he has been hit or not."
From Gao Xian's words, it is not difficult for ye Licheng and Chen Zuze to taste that in the eyes of their own bosses, Yingshi group is different from Jianing and Yida, although it is heavily in debt and may be insolvent.
This is not difficult to understand. Luo Yingshi's qualifications in business can be called an old generation. In the early 1950s, the Luo family abandoned the tradition of cohabitation and shared wealth and agreed to separate. Luo Yingshi, who got about HK $100000 worth of assets, continued to do his cloth business and earned the first pot of gold. At that time, he definitely belonged to HK $1 million of expensive assets, and then entered the real estate industry, far earlier than Li Bancheng, Guo Desheng and Wang Dehui, who are frequently exposed by Xiangjiang media at this stage.
The problem with the Luo family is that they underestimated the severity of the situation at this special stage. They thought that, like the crisis that made Xiangjiang Chinese real estate rise in the late 1960s, it was an opportunity. As long as they had the courage, it would be sunshine Avenue to survive.
When ye Licheng and Chen Zuze understood the meaning of their own boss, they knew what principles should be adhered to when it comes to the problems of Yingshi group. If they can build a bank to help the company through the business crisis, they can do it in time.
……
People just can't help saying that the two key words of Yingshi group and Luo family, when Gao Xian is busy and still has a clear impression, some haggard Luo churui came to visit.
Gao Xian personally made tea for Luo churui, and then joked, "why, I'm very lost?"
In front of the eldest brother, Luo churui didn't hide and tuck in, sighed: "brother Xian, I'm not afraid of your jokes. I thought that although I had many differences with my father in business philosophy, it was only a small section. I didn't expect to be completely put in the cold."
At this time, Gao Xian certainly won't be a villain to transfer the father son brother relationship of others. He still comforted in a relaxed tone: "who makes your brothers have excellent ability? You dare to challenge your father's authority. Luo Sheng also has more choices."
"But I can't be reconciled." Luo churui sighed: "according to my father's meaning, in order to reduce the debt pressure of Yingshi group, we should abandon the soldier to protect the commander and spin off and sell part of the assets of Regal Hotel and bailibao, but these two listed companies are my efforts, especially Fuhao Hotel. As long as we get through the current trough, we can make profits immediately."
"Luo Sheng wants to do this, he must have his consideration." Gao Xian's face turned serious and said, "Chu Rui, can you give me a bottom? What's the situation of Regal Hotel and bailibao now, and how much is the loss?"
Luo churui replied honestly: "the recurrent loss of Regal Hotel is about 300 million, the non recurrent loss is about 200 million, and the recurrent loss and non recurrent loss of bailibao are almost the same."
After hearing this, Gao Xian laughed and said, "in this way, the loss of Yingshi group is comparable to Jardine's, and it may soon surpass Jardine's. no wonder the market value is so low, and no outsiders dare to touch it. It's really serious. It's estimated that only you have such a Savior's feeling."
Luo churui quickly explained: "brother Xian, you can let people check. Now the development of central on Hong Kong Island and Tsim Sha Tsui in Kowloon is saturated. Wanchai on Hong Kong Island and Tsim Sha Tsui East in Kowloon are the new development direction. The properties of Regal Hotels in these two areas are real high-quality assets."
"My father is an old-fashioned businessman. He doesn't understand the mystery of capital operation. In fact, as long as he obtains the support of banks, injects funds and strives for a buffer time to solve the crisis, when the market turns better, profits will follow."
Gao Xian said leisurely, "Chu Rui, in theory, this belongs to your family. It's hard for outsiders to comment. What do you want to do?"
Luo churui firmly held the cup in his hand, showing a firm color in his eyes, and gritted his teeth and said, "brother Xian, I want to officially set up my own house and seize the control of Regal Hotel and bailibao. Please support me!"
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At this stage, Niu Bijian, the Jardine team, is worried not only about Jardine's increasingly severe debt burden, but also that the kaiserk family, the controller of Jardine, once again begins to distrust the Jardine management led by Niu Bijian. There are signs of replacement.
It's a little fortunate that Jardine's bad situation of becoming more and more powerful outside and more powerful in the middle is limited to a very small circle, especially ordinary people. The impression still stays in the old stage of Jardine's being the largest consortium in Xiangjiang.
However, Niu Bijian is not sure how much Sir Gao knows about Jardine's actual operation. Anyway, the loan alliance led by Yili, Huifeng, Standard Chartered and other banks are more and more attentive to Jardine's "booing cold and asking warm", which makes Niu Bijian, Bao Fuda and other Jardine executives both afraid and annoyed!
On Gao Xian's side, his mastery of the current situation of Jardine is far beyond the imagination of Niu Bijian and others. However, at present, Gao Xian's energy is mainly focused on the banking industry, successfully quell the tide of crowding out, and promote the commonly known Gao Xian report to enter the Xiangjiang bank Ordinance. Such a significant contribution must be given priority.
Gao Xian was quite satisfied with the results of this meeting. Governor Youde, Deputy Chief Secretary Xia Dingji and financial secretary Peng Lizhi all clearly affirmed Gao Xian's leadership and contribution to the bank.
On this occasion, we should do our best to save face. The first merit should be done, but there is no need to monopolize all the credit. Gao Xian pulled the representatives of banks who are members of the Committee of Xiangjiang Banking Association and said that it all depends on everyone's sincere cooperation.
After these banquets, Gao Xian can breathe a sigh of relief. He left the central government office and got on the bus with Chen Zuze and ye Licheng.
"We should not slacken the promotion of the revision of the banking regulations. This is the right way. As long as we succeed, we will have a widely recognized industry leader authority." Gao Xian loosened his tie and told his subordinates casually.
Chen Zuze said optimistically: "judging from the good response of this meeting, the revision of the banking regulations can be completed according to our proposal by the first half of this year at the latest."
Ye Licheng calmly analyzed: "like the full implementation of the previous three-tier financial system, the buffer period should be indispensable, and the accumulated disadvantages in the banking industry may break out during this period."
"You're all right." Gao Xian nodded. "However, the situation is too complex. We can only give priority to ensuring that the one-year term of office of Yili bank as chairman of Xiangjiang banking association is enough to hand over qualified answers."
Following Ye Licheng's remarks, Chen Zuze said: "we have broken through the first level of the tide of crowding, and then the enterprise is heavily in debt, which may have an impact on the bank."
"To save the enterprise, we should also choose those really valuable goals." Gao Xian said faintly and picked up today's financial newspaper.
Ye Licheng said with a smile, "of course, people like Jianing and Yida are bottomless holes for people."
Quickly browse the high string of the newspaper, suddenly eh, "has Yingshi group determined its successor?"
Ye Licheng and Chen Zuze took over the newspaper and read it respectively. It was originally reported that Luo Yingshi, who founded Yingshi group, officially appointed his fourth son Luo Jiarui to comprehensively preside over the daily work of Yingshi group.
Chen Zuze was also quite surprised. "Luo's ability to store Rui is very excellent. How come Luo Yingshi chose his brother to fully preside over the daily work of Yingshi group."
Gao Xian added playfully: "and as far as I know, unlike Luo churui, who is proficient in investment business, Luo Jiarui's major is medicine."
"I'm afraid the current difficulties encountered by Yingshi group and the Luo family have triggered this important personnel adjustment." ye lichengsi said: "Yingshi group has three listed companies: Yingshi real estate, Regal Hotel and bailibao. In the previous bull market environment, Yingshi group has unlimited wind and light. It is called a top three by the media, but now its market value has fallen by at least 80%
"At its root, Yingshi group is in an operating crisis. Although its debt level is far lower than Jardine's 10 billion level, its loss is at the billion level, which is as serious as Jardine's."
When ye Licheng said this, he noticed the slight movement of his boss's look and hurriedly continued: "for more details about Yingshi group, Gaoyi should be able to find more."
"Speaking of, the plight of Yingshi group is a typical example of Xiangjiang Chinese funded company. In the previous period of economic overheating, the rash operation finally led to the bitter fruit at this time." Gao Xian nodded slightly. "By the way, I haven't seen Luo churui for some time, and I don't know whether he has been hit or not."
From Gao Xian's words, it is not difficult for ye Licheng and Chen Zuze to taste that in the eyes of their own bosses, Yingshi group is different from Jianing and Yida, although it is heavily in debt and may be insolvent.
This is not difficult to understand. Luo Yingshi's qualifications in business can be called an old generation. In the early 1950s, the Luo family abandoned the tradition of cohabitation and shared wealth and agreed to separate. Luo Yingshi, who got about HK $100000 worth of assets, continued to do his cloth business and earned the first pot of gold. At that time, he definitely belonged to HK $1 million of expensive assets, and then entered the real estate industry, far earlier than Li Bancheng, Guo Desheng and Wang Dehui, who are frequently exposed by Xiangjiang media at this stage.
The problem with the Luo family is that they underestimated the severity of the situation at this special stage. They thought that, like the crisis that made Xiangjiang Chinese real estate rise in the late 1960s, it was an opportunity. As long as they had the courage, it would be sunshine Avenue to survive.
When ye Licheng and Chen Zuze understood the meaning of their own boss, they knew what principles should be adhered to when it comes to the problems of Yingshi group. If they can build a bank to help the company through the business crisis, they can do it in time.
……
People just can't help saying that the two key words of Yingshi group and Luo family, when Gao Xian is busy and still has a clear impression, some haggard Luo churui came to visit.
Gao Xian personally made tea for Luo churui, and then joked, "why, I'm very lost?"
In front of the eldest brother, Luo churui didn't hide and tuck in, sighed: "brother Xian, I'm not afraid of your jokes. I thought that although I had many differences with my father in business philosophy, it was only a small section. I didn't expect to be completely put in the cold."
At this time, Gao Xian certainly won't be a villain to transfer the father son brother relationship of others. He still comforted in a relaxed tone: "who makes your brothers have excellent ability? You dare to challenge your father's authority. Luo Sheng also has more choices."
"But I can't be reconciled." Luo churui sighed: "according to my father's meaning, in order to reduce the debt pressure of Yingshi group, we should abandon the soldier to protect the commander and spin off and sell part of the assets of Regal Hotel and bailibao, but these two listed companies are my efforts, especially Fuhao Hotel. As long as we get through the current trough, we can make profits immediately."
"Luo Sheng wants to do this, he must have his consideration." Gao Xian's face turned serious and said, "Chu Rui, can you give me a bottom? What's the situation of Regal Hotel and bailibao now, and how much is the loss?"
Luo churui replied honestly: "the recurrent loss of Regal Hotel is about 300 million, the non recurrent loss is about 200 million, and the recurrent loss and non recurrent loss of bailibao are almost the same."
After hearing this, Gao Xian laughed and said, "in this way, the loss of Yingshi group is comparable to Jardine's, and it may soon surpass Jardine's. no wonder the market value is so low, and no outsiders dare to touch it. It's really serious. It's estimated that only you have such a Savior's feeling."
Luo churui quickly explained: "brother Xian, you can let people check. Now the development of central on Hong Kong Island and Tsim Sha Tsui in Kowloon is saturated. Wanchai on Hong Kong Island and Tsim Sha Tsui East in Kowloon are the new development direction. The properties of Regal Hotels in these two areas are real high-quality assets."
"My father is an old-fashioned businessman. He doesn't understand the mystery of capital operation. In fact, as long as he obtains the support of banks, injects funds and strives for a buffer time to solve the crisis, when the market turns better, profits will follow."
Gao Xian said leisurely, "Chu Rui, in theory, this belongs to your family. It's hard for outsiders to comment. What do you want to do?"
Luo churui firmly held the cup in his hand, showing a firm color in his eyes, and gritted his teeth and said, "brother Xian, I want to officially set up my own house and seize the control of Regal Hotel and bailibao. Please support me!"
At this stage, Niu Bijian, the Jardine team, is worried not only about Jardine's increasingly severe debt burden, but also that the kaiserk family, the controller of Jardine, once again begins to distrust the Jardine management led by Niu Bijian. There are signs of replacement.It's a little fortunate that Jardine's bad situation of becoming more and more powerful outside and more powerful in the middle is limited to a very small circle, especially ordinary people. The impression still stays in the old stage of Jardine's being the largest consortium in Xiangjiang.However, Niu Bijian is not sure how much Sir Gao knows about Jardine's actual operation. Anyway, the loan alliance led by Yili, Huifeng, Standard Chartered and other banks are more and more attentive to Jardine's "booing cold and asking warm", which makes Niu Bijian, Bao Fuda and other Jardine executives both afraid and annoyed!On Gao Xian's side, his mastery of the current situation of Jardine is far beyond the imagination of Niu Bijian and others. However, at present, Gao Xian's energy is mainly focused on the banking industry, successfully quell the tide of crowding out, and promote the commonly known Gao Xian report to enter the Xiangjiang bank Ordinance. Such a significant contribution must be given priority.Gao Xian was quite satisfied with the results of this meeting. Governor Youde, Deputy Chief Secretary Xia Dingji and financial secretary Peng Lizhi all clearly affirmed Gao Xian's leadership and contribution to the bank.On this occasion, we should do our best to save face. The first merit should be done, but there is no need to monopolize all the credit. Gao Xian pulled the representatives of banks who are members of the Committee of Xiangjiang Banking Association and said that it all depends on everyone's sincere cooperation.After these banquets, Gao Xian can breathe a sigh of relief. He left the central government office and got on the bus with Chen Zuze and ye Licheng."We should not slacken the promotion of the revision of the banking regulations. This is the right way. As long as we succeed, we will have a widely recognized industry leader authority." Gao Xian loosened his tie and told his subordinates casually.Chen Zuze said optimistically: "judging from the good response of this meeting, the revision of the banking regulations can be completed according to our proposal by the first half of this year at the latest."Ye Licheng calmly analyzed: "like the full implementation of the previous three-tier financial system, the buffer period should be indispensable, and the accumulated disadvantages in the banking industry may break out during this period.""You're all right." Gao Xian nodded. "However, the situation is too complex. We can only give priority to ensuring that the one-year term of office of Yili bank as chairman of Xiangjiang banking association is enough to hand over qualified answers."Following Ye Licheng's remarks, Chen Zuze said: "we have broken through the first level of the tide of crowding, and then the enterprise is heavily in debt, which may have an impact on the bank.""To save the enterprise, we should also choose those really valuable goals." Gao Xian said faintly and picked up today's financial newspaper.Ye Licheng said with a smile, "of course, people like Jianing and Yida are bottomless holes for people."Quickly browse the high string of the newspaper, suddenly eh, "has Yingshi group determined its successor?"Ye Licheng and Chen Zuze took over the newspaper and read it respectively. It was originally reported that Luo Yingshi, who founded Yingshi group, officially appointed his fourth son Luo Jiarui to comprehensively preside over the daily work of Yingshi group.Chen Zuze was also quite surprised. "Luo's ability to store Rui is very excellent. How come Luo Yingshi chose his brother to fully preside over the daily work of Yingshi group."Gao Xian added playfully: "and as far as I know, unlike Luo churui, who is proficient in investment business, Luo Jiarui's major is medicine.""I'm afraid the current difficulties encountered by Yingshi group and the Luo family have triggered this important personnel adjustment." ye lichengsi said: "Yingshi group has three listed companies: Yingshi real estate, Regal Hotel and bailibao. In the previous bull market environment, Yingshi group has unlimited wind and light. It is called a top three by the media, but now its market value has fallen by at least 80%"At its root, Yingshi group is in an operating crisis. Although its debt level is far lower than Jardine's 10 billion level, its loss is at the billion level, which is as serious as Jardine's."When ye Licheng said this, he noticed the slight movement of his boss's look and hurriedly continued: "for more details about Yingshi group, Gaoyi should be able to find more.""Speaking of, the plight of Yingshi group is a typical example of Xiangjiang Chinese funded company. In the previous period of economic overheating, the rash operation finally led to the bitter fruit at this time." Gao Xian nodded slightly. "By the way, I haven't seen Luo churui for some time, and I don't know whether he has been hit or not."From Gao Xian's words, it is not difficult for ye Licheng and Chen Zuze to taste that in the eyes of their own bosses, Yingshi group is different from Jianing and Yida, although it is heavily in debt and may be insolvent.This is not difficult to understand. Luo Yingshi's qualifications in business can be called an old generation. In the early 1950s, the Luo family abandoned the tradition of cohabitation and shared wealth and agreed to separate. Luo Yingshi, who got about HK $100000 worth of assets, continued to do his cloth business and earned the first pot of gold. At that time, he definitely belonged to HK $1 million of expensive assets, and then entered the real estate industry, far earlier than Li Bancheng, Guo Desheng and Wang Dehui, who are frequently exposed by Xiangjiang media at this stage.The problem with the Luo family is that they underestimated the severity of the situation at this special stage. They thought that, like the crisis that made Xiangjiang Chinese real estate rise in the late 1960s, it was an opportunity. As long as they had the courage, it would be sunshine Avenue to survive.When ye Licheng and Chen Zuze understood the meaning of their own boss, they knew what principles should be adhered to when it comes to the problems of Yingshi group. If they can build a bank to help the company through the business crisis, they can do it in time.People just can't help saying that the two key words of Yingshi group and Luo family, when Gao Xian is busy and still has a clear impression, some haggard Luo churui came to visit.Gao Xian personally made tea for Luo churui, and then joked, "why, I'm very lost?"In front of the eldest brother, Luo churui didn't hide and tuck in, sighed: "brother Xian, I'm not afraid of your jokes. I thought that although I had many differences with my father in business philosophy, it was only a small section. I didn't expect to be completely put in the cold."At this time, Gao Xian certainly won't be a villain to transfer the father son brother relationship of others. He still comforted in a relaxed tone: "who makes your brothers have excellent ability? You dare to challenge your father's authority. Luo Sheng also has more choices.""But I can't be reconciled." Luo churui sighed: "according to my father's meaning, in order to reduce the debt pressure of Yingshi group, we should abandon the soldier to protect the commander and spin off and sell part of the assets of Regal Hotel and bailibao, but these two listed companies are my efforts, especially Fuhao Hotel. As long as we get through the current trough, we can make profits immediately.""Luo Sheng wants to do this, he must have his consideration." Gao Xian's face turned serious and said, "Chu Rui, can you give me a bottom? What's the situation of Regal Hotel and bailibao now, and how much is the loss?"Luo churui replied honestly: "the recurrent loss of Regal Hotel is about 300 million, the non recurrent loss is about 200 million, and the recurrent loss and non recurrent loss of bailibao are almost the same."After hearing this, Gao Xian laughed and said, "in this way, the loss of Yingshi group is comparable to Jardine's, and it may soon surpass Jardine's. no wonder the market value is so low, and no outsiders dare to touch it. It's really serious. It's estimated that only you have such a Savior's feeling."Luo churui quickly explained: "brother Xian, you can let people check. Now the development of central on Hong Kong Island and Tsim Sha Tsui in Kowloon is saturated. Wanchai on Hong Kong Island and Tsim Sha Tsui East in Kowloon are the new development direction. The properties of Regal Hotels in these two areas are real high-quality assets.""My father is an old-fashioned businessman. He doesn't understand the mystery of capital operation. In fact, as long as he obtains the support of banks, injects funds and strives for a buffer time to solve the crisis, when the market turns better, profits will follow."Gao Xian said leisurely, "Chu Rui, in theory, this belongs to your family. It's hard for outsiders to comment. What do you want to do?"Luo churui firmly held the cup in his hand, showing a firm color in his eyes, and gritted his teeth and said, "brother Xian, I want to officially set up my own house and seize the control of Regal Hotel and bailibao. Please support me!"
