Reborn Tech Maniac

Chapter 496 Mr. Tang's Money Is Also Deposited
"What kind of gold coupons are these tricks played by these unscrupulous businessmen." Uncle De muttered angrily, "Hang Lung Bank asked for it."

"Can you stop talking?" Aunt De finally broke out in a bad mood, "Listen to your nagging, or watch Media Asia TV introduction?"

"You are a housewife, can you understand?" Uncle De sarcastically.

"If you don't understand it once, then read it several times." Aunt De glared at Uncle De angrily, "You understand, why do you still deposit money in a bank that may go bankrupt at any time?"

"It's not like you don't know how to say kind things with that mouth when we were in-laws. I was so excited that I partnered with him." Uncle De was short of breath at that time, and pointed to the TV to urge, "I'd better watch Media Asia TV. Well, Sun Hung Kai Bank should not be so unlucky."

After the old couple had finished their chatter, their gazes returned to the TV.

……

"On the second day after the Xie Liyuan Gold Shop closed, that is, on September 1982, 9, those investors who had no time to exchange gold from the Xie Liyuan Gold Shop took the next best thing, waved gold coupons, and flocked to Hang Lung Bank like a tide. As a result, 7 million Hong Kong dollars was withdrawn within one day."

"At that time, Hang Lung Bank's branches in Yuen Long, Tai Po, Fanling and Sheung Shui districts in the New Territories all experienced crowds, and the head office had to transport 4000 to [-] million cash to these branches to meet the demand."

"After clarification by all parties, the bank run in 1982 subsided the next day, and Hang Lung Bank survived the crisis."

……

"I remember that in the 60s, there was also a wave of crowding. What was the result?" Aunt De tried hard to recall.

Uncle De replied casually: "If there is anything to think about, banks with little value will be allowed to go out of business or even go bankrupt, and big banks like Hengfeng will be eaten by HSBC or Standard Chartered."

Speaking of this, Uncle De sighed, "At that time, the stock market was only the Xiangjiang Stock Exchange, and the participants in buying and selling were all foreigners and wealthy and famous families. We, the bosses, can only watch in a cloud of mist. Media like Media Asia TV reported from a neutral point of view, but they really don’t know why. It is estimated that if Hang Lung Bank really fails, it will be taken over.”

"Now that the Hong Kong dollar has depreciated so much, many people are rushing to buy things in the mall. Otherwise, we will take some out..."

As soon as Aunt De said this, she was interrupted by Uncle De, "We are getting older, so we should stop messing around with the trend. Keyi's work is hard, but the pay is good, and Dingtian was also hired by Zheru Xiangjiang Company Hired and sent to the opposite special zone as a supervisor, our small family is already very stable. The sky is falling, and the tall ones will bear it first, so put your heart in your stomach."

"Then I will trust you again." Aunt De nodded, "However, you must quickly withdraw the money from Sun Hung Kai Bank."

"Don't worry, it will definitely be taken out tomorrow." Uncle De, who was nagging him so much, waved his hands quickly and said, "Hurry up and watch your wireless TV series."

"If you don't watch it, just put it on Media Asia TV, so as not to miss any important news." Aunt De shook her head.

……

As a result, Uncle De, who vowed to go out early the next morning, finally returned home dejected.

Seeing this scene, Aunt De didn't bother to chatter anymore, she just cursed, "Old trash, why don't you go to the head office of Sun Hung Kai Bank?"

"Old arms and old legs are really useless." After beating his legs and complaining, Uncle De pointed to the scrolling news at the bottom of the Media Asia TV program screen and exclaimed: "The exchange rate of Hong Kong dollar to U.S. dollar has already fallen. It dropped to 9.6!"

"It's so strange, you haven't heard of it outside." Aunt De cut it, "Media Asia TV forecast, there may be a major official news release in a while."

"I've heard of some, but the numbers are not so exaggerated." Uncle De shook his head, and took out a crumpled newspaper, "What important news can the Hong Kong government have?"

Not to mention, there is indeed big news.The Hong Kong government finally couldn't sit still and began to take action against the recent banking crisis. At 6:18 in the evening, the third reading passed the "[-] Hang Lung Bank (Takeover) Bill", and the government officially took over Hang Lung Bank.

Financial Secretary Peng Lizhi mentioned in the second reading of the draft that if the government does not bear the burden, Hang Lung Bank will not be able to honor its 1 million yuan bill.

"Not to mention, you, an old antique, also have times when you can predict things like a god." Aunt De stared at the TV and muttered.

"The people in the Hong Kong government are talking too much, and most of them are nonsense." Uncle De snorted, read the newspaper again, and said to himself: "The second "Senior Sister Heroic" starring Lin Qingxia, in the After it was released in DreamWorks theaters, it became a huge hit again."

"Well, you are an old and disrespectful guy, and you have learned from young people to chase stars." Aunt De stretched out her hand and pinched Uncle De hard. Ah, I'm just curious about the little-understood plot mentioned in this newspaper. The villain in the movie clamored that as long as he wanted to, he could suppress the exchange rate of Hong Kong dollar to US dollar to 10. Doesn't this coincide with the current reality? .”

"Really?" Aunt De took the newspaper, looked at it suspiciously, and then said to Uncle De, "Read it for me."

"Don't read it." Uncle De rubbed the pinched place and refused angrily, "Can't you bear it, you can see for yourself if you have the ability."

"You wait." Aunt De turned her eyes to the TV angrily, and then opened her mouth in surprise, "Look, you are on TV."

Uncle De smugly smacked his thigh, "While queuing up today, a reporter from Media Asia TV happened to go to the scene to interview. I didn't expect to actually broadcast the episode with me."

At this time, the host of Media Asia TV introduced: "Following the run-on of Hang Lung Bank, Sun Hung Kai Bank has also experienced this kind of phenomenon. However, the executives of the bank said that they are fully prepared and will not be like Hang Lung Bank. Repeating the same mistakes like that, the current customer withdrawal activities are still within a reasonable range.”

Uncle De stood up suddenly, and said angrily: "It's over, the more this rhetoric, the more it means that you are strong on the outside but on the inside."

"Then I will accompany you to the head office of Sun Hung Kai Bank to withdraw money tomorrow." Seeing that Uncle De lost his previous calmness, Aunt De also panicked.

Ever since, the old couple went out collectively early the next morning, but when they arrived at the scene, they found that they were not the only ones with this idea, and there was already a long line of people.

Aunt De Shude had no choice but to stand at the back and wait obediently, while the bank waited until 9:[-], before the front of the line showed signs of loosening.

When it was close to noon, many people sat on the ground under the sun, and began to curse at the personnel maintaining order impatiently.

The scene was chaotic, when the side door opened, a bank employee came out with a loudspeaker, "I want to announce two important news to everyone."

Seeing this scene, Uncle De sighed and said, "Isn't Sun Hung Kai Bank going to announce the closure of business?"

"The first news is that Mr. Tang Huan has been the richest man in the latest wealth list of the US "Forbes" magazine. The second news is that Mr. Tang bought 20.00% shares of Sun Hung Kai Bank and became the third strategic shareholder. At the same time, deposit US$5000 million in cash into Sun Hung Kai Bank."

"Why, Mr. Tang's money has also been deposited?" Many people present, including Aunt De Shude, started discussing in surprise.

(End of this chapter)