Rebirth of Hong Kong 1981

   Chapter 415 Elephant and Lion

  Standard Chartered Bank and HSBC Bank are not far away, just one street away.

   At the end of the month, HSBC will begin to rebuild and temporarily relocate to Aon Chinese Bank until 1986, before moving back again.

   After eating, Yang Chen and He Chaoqiong left the HSBC Bank, took a walk, and walked towards Standard Chartered Bank, which was the most famous Queen Statue Square in Central.

  Queen Statue Square is surrounded by high-rise buildings such as HSBC, Standard Chartered Bank, Bank of China, Prince Building, and Mandarin Oriental Hotel.

Although the square is small, it is one of the most famous parks in Hong Kong. Next to the Statue Square are the Legislative Council Building and the Peace Monument.

   However, it is a pity that there is no Queen's statue in the Queen Statue Square. The bronze statue in the Queen's Statue Square was named after Queen Victoria. The bronze statue was cast to celebrate the 60th anniversary of Queen Victoria's accession to the throne.

   However, during World War II, Japan brought back the bronze statue of Queen Victoria and the two bronze lions in front of the HSBC Bank, ready to be melted and recast into weapons.

Although the bronze statue was not melted in the end, the bronze statue was relocated to Victoria Park after it was transported back to Hong Kong, and the Queen Statue Square lacked the bronze statue of Queen Victoria, but instead added a HSBC general manager, Mr. Statue of Sir.

   This kind of bizarre thing makes people not know what to say.

   The two banks are so close together, and the road between them is narrow, so even on the street, you can smell the strong smell of gunpowder.

  Standard Chartered and HSBC are both Hong Kong dollar note-issuing banks. The competition has always been fierce. Both banks want to control the local economy of Hong Kong, and then affect the economies of Southeast Asia and other Asian countries.

   Some outsiders describe HSBC as an elephant, while Standard Chartered is likened to a lion. From the metaphors, it is not difficult to see that HSBC is more powerful than Standard Chartered.

  From the development of later generations, HSBC has a market value of trillions, while Standard Chartered Bank has a market value of only more than 200 billion. The difference between the two is several times.

   The reason why he came forward in this situation is that there is a bit of luck in it.

   Unlike the old drivers of HSBC, who moved forward steadily, Standard Chartered Bank’s journey along the way was full of disasters.

   In 1986, Standard Chartered suffered a hostile takeover by a bank. In the end, if it hadn’t been for the charter king and Boss Qiu, Standard Chartered would have changed its surname completely.

   As a capitalist, his ultimate goal is naturally to master a banking institution. Only a capitalist who masters a bank can be regarded as a real capitalist.

   To be honest, Yang Chen is very jealous of Standard Chartered Bank, and he also wants to swallow it in one bite.

   However, because of one thing, Yang Chen dispelled the idea of ​​acquiring Standard Chartered Bank.

  There is no other reason, just two points, the right to issue banknotes and HSBC.

  Standard Chartered Bank has the right to issue Hong Kong dollar notes. This is naturally a huge benefit for the bank, but for Yang Chen, it has a very big disadvantage.

   HSBC and Standard Chartered are in a competitive relationship. The biggest contradiction between the two is the right to issue banknotes.

   Both banks have the right to issue banknotes, and they are natural enemies. Once he acquires Standard Chartered Bank, what awaits him is the crazy blow from HSBC.

   At that time, with the power of HSBC, even if he can hold on, it will not be worth the loss.

  Xiangjiang did not come back until 1997, and there are still more than ten years from now. At this time, against the old-fashioned bank HSBC, there are only disadvantages and no advantages. .

  Although Standard Chartered Bank is not weak, once Standard Chartered Bank is acquired by him, its influence will be greatly reduced.

   Compared with HSBC, which can take advantage of its British identity, it can take advantage of the British tiger skin to seize territory without any scruples. Once Standard Chartered becomes a local bank in Hong Kong, all the previous advantages will be completely lost.

  Although Standard Chartered Bank cannot acquire it, he still has the opportunity to acquire other banks. Without the right to issue notes, he and HSBC will not become rivals.

   Even if it acquires other banks, HSBC will not say anything, and the two can exchange shares with each other to deepen cooperation.

  As time goes by, banks such as banks will become more and more strict in handling. After a few decades, it will be even more difficult to master a bank.

   And Yang Chen bought the bank, not to grab business with that bank, but to prepare for online banking in the future.

  After the emergence of payment tools such as Alipay and WeChat in later generations, online banking has become particularly important.

   At that time, if he has a banking institution in his hands, then he can take the initiative.

Of course, if you want to touch the bank's cheese, you will not be able to chew it if you have bad teeth. However, with the reform and opening up, inland banks will come to Hong Kong for listing and financing. At that time, he only needs to buy a part of each bank. shares, then you can get a bite on any cheese.

   Standard Chartered Bank, an established bank, is much higher than HSBC in terms of qualifications and background, because Standard Chartered Bank was established under the charter of Queen Victoria.

   Different from HSBC’s major moves in recent years, Standard Chartered Bank has always been in a state of small transparency, and has not paid much attention to the Hong Kong economy, focusing on external expansion.

   For the inland, Standard Chartered and HSBC are very positive, but Standard Chartered seems to be a little bit back, and it is always stuck in place at the time point.

   At this time, during the Sino-British negotiation, Standard Chartered Bank took an evasive attitude, did not actively interfere, and did not speak badly about the Hong Kong economy.

  In the end, most of the Chinese capital was wiped out by HSBC at this stage, and all of them were put into their pockets.

   The two banks started to distance themselves during this time period.

   At the same time, the positioning of the two to customers has also been distinguished from this time.

  Standard Chartered Bank is keen to support small and medium-sized enterprises and attract ordinary depositors. Most of its businesses are retail and other industries with many businesses, and it takes a small and refined route.

   And HSBC has always been firm, grasping the big and small, actively striving for big customers, and making every effort to help potential big customers grow and develop them into HSBC's most staunch allies.

   He is even more keen on monopoly industries. Whenever there is an opportunity, he will never miss it. He takes the big and strong route.

  In a capital society, all emphasis is on strength being king. Wherever there is interest, punch it over and **** it away.

Of course, the person who started to rob it will definitely not be HSBC itself, but the people it supports, paving the way, and picking peaches is a skill, but those people will not blame HSBC for not picking peaches. .

   Compared with HSBC, which is dedicated to providing extremely thoughtful services to large customers, Standard Chartered Bank is a bit unsatisfactory in this regard.

   However, the two banks also have their own strengths. The only difference is that Standard Chartered Bank missed too many opportunities and lost opportunities to grow again and again, so it can only be behind HSBC and eat what the other party doesn’t want.

   Regarding this point, Yang Chen is not interested in reminding the other party, the two are just a relationship of interests, even if he reminds them, the other party will not necessarily change.

   Rather than thinking about the future of Standard Chartered, it is better to use the opponent's current power and strive to expand its own strength.

  ——

   (end of this chapter)