Chapter 967 Risk
Song Yuanchao stayed temporarily at Shao Heping's place. The next day, Shao Heping gave Song Yuanchao some information about the Development Bank. Song Yuanchao took a quick look at it, but only had a general idea. After all, he didn't have a deep understanding of the banking and financial industry. Although Shenghua had business in this area, the specific people in charge were professionals, and Song Yuanchao, as the boss, was not responsible for the details.
But judging from the information provided by Shao Heping, the idea of establishing this bank is still a good one. Institutions such as trusts and credit unions affected by the bursting of the real estate bubble can be integrated, and then a commercial bank can be established to carry out financial operations through this commercial bank, and then funds can be mobilized to solve the current many problems.
This kind of financial operation method is desirable in Song Yuanchao's view, and it is not uncommon abroad. There are many such methods in later generations. The so-called restructuring of state-owned enterprises is one of them. It’s just that the establishment of the development bank is more financial. In addition, the special nature of the bank can alleviate the shortage of funds by absorbing loans and further change the current situation.
However, this was all Song Yuanchao could see. After all, he was not a professional, so after thinking about it, Song Chaoyuan directly called Hong Kong. After Xu Hui received the call and listened to Song Chaoyuan's story, she was also very interested. After the two discussed, Hong Kong soon sent several financial professionals to Lucheng to assist Song Yuanchao.
The professional team arrived soon. After they arrived, Song Chaoyuan arranged for them to stay at Lucheng Hotel, which is one of the best hotels in Lucheng. This hotel was originally built by Shao Heping. After it was built and opened, it quickly surpassed the original city guesthouse and became the most upscale hotel in Lucheng.
After being arranged to stay at Lucheng Hotel, Song Chaoyuan also moved out of Shao Heping's place. Although Shao Heping tried to keep him, Song Chaoyuan felt that it would be fine if he only stayed for a day or two, but it would still be inconvenient to stay for a long time. In addition, he would be involved in the affairs of the Development Bank. If Song Chaoyuan continued to live in Shao Heping's place, people would gossip about him. It is better to avoid some things.
Seeing Song Yuanchao's insistence, Shao Heping no longer forced him, and Song Yuanchao and his team all moved into the Lucheng Hotel. Due to the bursting of the real estate bubble, the popularity of Lucheng has plummeted. Although Lucheng is still a tourist destination, a large number of people have left Lucheng, making it less lively even in the current tourist season. This has also affected the local service industry, including the hotel industry.
This was not a bad thing for Song Yuanchao. The business of Lucheng Hotel was not good, so Song Yuanchao took the opportunity to book two entire floors. One floor was for the team from Hong Kong to stay in, and the other floor, except for a luxury suite which was used by Song Yuanchao himself, the rest of the rooms were temporarily converted into meeting rooms and offices. At the same time, he asked the hotel to bring in a few telephones, and thus it became Shenghua's temporary project department for the Development Bank in Lucheng.
Several days passed in a flash, and Song Chaoyuan also participated in several discussions on the development of the bank. Of course, he participated as a consultant invited by the Lucheng government and was merely in attendance. As for the specific discussions, he just listened but did not say anything.
While participating in the discussion, Song Chaoyuan also brought along experts from his team under Shao Heping's arrangement, thus directly obtaining a lot of first-hand information.
"Your place is nice." Shao Heping came to Lucheng Hotel today to sit for a while. After entering Song Yuanchao's suite, he looked around and said this with a smile.
"It's just a hotel. The environment looks good, but it's actually just like this where you live. There's nothing good or bad about it." Song Chaoyuan said casually, inviting Shao Heping to sit down and picking up the small pot in front of him that had just boiled water to make tea for Shao Heping.
"I asked you to live at home, but you insisted on moving out. You..." Shao Heping complained to Song Yuanchao.
Song Yuanchao smiled noncommittally and said nothing. In fact, it was not a bad thing for Shao Heping to move out, and it would be more convenient. After all, as the team arrived in Lucheng, some things were inconvenient for Shao Heping, but it was different here.
"Come, how about trying my tea?" After brewing a cup of tea, Song Chaoyuan brought the amber tea to Shao Heping and raised his hand to make a gesture.
Shao Heping took a look, then picked up the teacup and put it under his nose to smell it, then took a sip, savored it for a while, and drank the tea in the teacup in one gulp. Putting down the teacup, Shao Heping praised: "This tea is good, is it newly released this year?"
"You have good taste. They were delivered yesterday. They are the new products of the Pu'er Tea House this year." Song Chaoyuan said with a smile, then he stood up and took out a bag from behind the sofa and placed it in front of Shao Heping: "I specially left some for you. Take it back and drink it first. When you are almost done, tell me directly and I will have someone send you some more."
Shao Heping picked up the bag and opened it to take a look. Inside were several beautifully packaged tea cakes. Shao Heping did not refuse and accepted them generously. He and Song Chaoyuan were old friends and they had a close relationship. It was not about money, but just some tea leaves, and these tea leaves were the product of Song Chaoyuan's own tea shop. Shao Heping had drunk a lot of them before.
"By the way, I have something to tell you." Putting the tea aside, Shao Heping said, "The news reported by the Development Bank has come to fruition. Yanjing has agreed to let Qiongdao set up the Development Bank on its own, so there are no obstacles to the establishment of this bank. The next step is to start working on the bank's structure and other details. So what are your thoughts on this? Do you want to intervene? Or what are your plans? Time is running out, you have to give me an answer as soon as possible."
It has been a month and a half since Song Yuanchao came to Lucheng. He has participated in several discussions on the development of the bank, and he has also transferred a professional team from Hong Kong to be in charge of this matter. But as time goes by, the bank has already taken shape, but in Shao Heping's opinion, Song Chaoyuan's interest in the bank does not seem to be as keen as before. On the contrary, he has a somewhat indifferent attitude.
Smoking a cigarette, Song Chaoyuan did not immediately answer Shao Heping's words. He thought about it quietly before speaking: "Brother Shao, we are not outsiders. In fact, even if you don't mention this today, I am going to talk to you about this matter."
"To be honest, Brother Shao, I am very grateful to you for telling me this and giving me this opportunity, but as for the development bank, I think we should forget about it..."
"What? Forget it? Wait a minute, Song Dynasty Aid, did I hear you right? You said forget it?" Shao Heping never expected that Song Dynasty Aid would give such a response. For a moment, he even wondered if he had heard it wrong?
"Shenghua has conducted a detailed analysis of this project and feels that it is not the best time to intervene, so I can only say sorry to you on this matter. But don't worry, Shenghua will still do what we promised you before. In the past few days, I have selected some stalled projects in Lucheng. If there is no problem on your side, we at Shenghua can take over these projects."
As he spoke, Song Chaoyuan took a folder from the side and handed it to Shao Heping. Shao Heping took it and opened it. Inside were three unfinished building projects. Two of these three unfinished buildings were almost completed, and one was one-third built. From Song Yuanchao's words, it could be heard that Shenghua was ready to take over these three unfinished building projects, which could be regarded as some help for Shao Heping's work.
"This..." Shao Heping closed the folder and looked at Song Yuanchao with confusion. He had never expected such a result before he came. In his opinion, the establishment of a development bank on Qiongdao was an excellent opportunity. If Shenghua could participate in it, it would not only become a shareholder of the development bank, but also take advantage of the development bank's experience, which would be the best thing for Shenghua.
In addition, once the Development Bank is established, the capital of many banks, trusts, and the current credit unions on Qiongdao Island can be directly packaged as the bank's assets, including a large number of real estate projects across Qiongdao Island. At that time, Shenghua can freely choose among these projects, whether to continue the project or make other arrangements for the project. It is a sure win.
But now Song Chaoyuan suddenly told him that Shenghua was not going to participate in the development bank project, which really surprised Shao Heping. Shao Heping didn't understand what Song Chaoyuan was thinking for a while, why he declined such a good thing, could it be that Song Chaoyuan had other ideas?
"Yuan Chao, if you have any requirements regarding the establishment of a development bank, we can talk about it." Shao Heping thought for a moment and suggested.
"Brother Shao, this is not a question of whether to talk or not. We at Shenghua really don't plan to get involved in this project..." Song Yuanchao replied. Seeing Shao Heping was still confused, he thought for a moment and sighed, then said to Shao Heping frankly, "Brother Shao, we are not outsiders. Now there are only two of us. There are some things I didn't intend to say, but now I think I should remind you. Of course, this is a private conversation between us, and I will never acknowledge it outside the door."
"You tell me!" Shao Heping said seriously, "Yuan Chao, we have known each other for so many years, and you know what kind of person I am. If you have anything to say or any concerns you have, just tell me. Just like what you said just now, it's just the two of us now, so don't worry about some things. Once they leave your mouth and enter my ears, no third person will ever know."
"Okay, in that case, I'll talk to you about Shenghua's views on this project." Song Chaoyuan had originally planned to have a good talk with Shao Heping about this matter. Since Shao Heping expressed this attitude, he would not hide it.
Immediately, Song Yuanchao started by talking about the purpose of Qiongdao's establishment of this commercial development bank, and then talked about the information he had learned from participating in the discussions these days. In addition to the information collected for him by Shao Heping, as well as the analysis and prediction of the current situation by Shenghua's professional team, Shenghua finally concluded that this project had huge risks.
