I am in the courtyard, animals are just vegetables!

After Hong Kong New World Bank and Standard Chartered Bank announced their unlimited support for Chinese banks in Hong Kong, and the Hong Kong government took a number of measures, the turmoil was temporarily calmed by February 2.

But the incident did not end there. As late as March, some newspapers still published unfounded rumors that slandered local banks.

Hang Seng was one of them. During this period, major customers quietly cancelled their accounts; by early April, bank runs broke out again, with Hang Seng Bank being the first to be hit.

The first branch to have problems was the Hong Kong Shing Tsai branch. At that time, a large number of customers rushed to withdraw their deposits, and Ho Tim, the general manager, advised not to rush to withdraw money!

Some big customers with deposits of HK$200,000 or 300,000, such as Police Superintendent Han Sen, required Ho Tim to sign a guarantee before they would stop withdrawing money.

At the head office, the crowds withdrawing cash even extended to the Harbour City Club in Statue Square.

Niu Niu Bank once again showed its support for Hang Seng Bank and appointed staff to guard the lobby of Hang Seng Head Office to prove that there is sufficient cash supply. Stacks of banknotes are scattered in every corner of the lobby!

However, the situation showed no signs of improvement. Hang Seng Bank lost HK$8,000 million in deposits in one day, accounting for one-sixth of the bank's total deposits, and a total of HK$4 million by early April.

Faced with this dilemma, Ho Sin Hang convened a board meeting to discuss countermeasures. At that time, three solutions were proposed:

Accept assistance from Chase Bank of the United States; cease business and be taken over by the government; seek assistance from Niuniu Bank!

After several days of discussion, the board of directors decided to sell the controlling stake of the bank to Niu Niu Bank and handed it over to Li Guowei, who was fluent in Niu Niu language, to handle it. After obtaining the approval of Hong Kong Financial Secretary Guo Bowei, they immediately started negotiations with Niu Niu Bank!

During the negotiation, the two sides had a big disagreement on the total value of Hang Seng and the number of shares to be sold. Niu Niu Bank believed that the total value of Hang Seng was HK$6,700 million and demanded to acquire 76% of Hang Seng's shares!

However, Hang Seng believes that its total value is HK$1 million and is only willing to sell 51% of the shares!

As Niu Niu Bank was concerned that it would be difficult for itself to survive if Hang Seng went bankrupt, it agreed to purchase 5,100% of Hang Seng's shares for HK$51 million (later increased to 62.14%). After the news came out, the turmoil subsided.

It is reported that Ho Sin Hang cried for two nights because his controlling stake in Hang Seng was lost!

However, on the day of the sale, he personally convened a meeting to explain the situation to employees and stabilize people's hearts, and Niu Niu Bank was undoubtedly the big winner.

Niu Niu Bank not only purchased the most valuable assets at a low price, but also eliminated the most threatening competitor in Hong Kong City’s banking industry, thus establishing its monopoly advantage in Hong Kong City’s retail banking industry!

After the acquisition, Niu Niu Bank only sent four representatives to join the board of directors and continued to maintain the original Chinese management. Ho Sin Hang and others were also able to stay in office. This was the foresight of Niu Niu Bank.

At that time, the general manager of Hong Kong City Bank, Sanders, believed that the success of Hang Seng Bank lay in its Chinese management, so Hang Seng Bank did not need to intervene.

The Hang Seng Bank is very important. It is the representative of the local financial retail industry!

Think about the Hang Seng Index!

Cao Dongfang does not want Hang Seng Bank to be controlled by Niu Niu Bank and lose its status as a local bank.

This means that the local financial forces were completely defeated by Niu Niu Bank.

The simplest advantage is that Hong Kong has lost the right to issue currency, while the Bank of China has lost it.

Everything is in the hands of the Niu Niu people. This is absolutely not acceptable. We must weaken the influence of the Niu Niu people!

Rather than enhancement.

......

"Mr. Lou, nice to see you again. How are you doing? How do you feel about Hong Kong City lately?" Cao Dongfang greeted.

"Mr. Cao, everything is fine here. Business and life are good. Mr. Cao, is there anything going to happen in Hong Kong City?"

Lou Bancheng is indeed an old hand. He immediately understood what Cao Dongfang meant. There was something wrong with Gangcheng.

Cao Dongfang, "It should be Hong Kong City Niu Niu Bank that will take action against local banks, but not now, it should be next year, which is more than half a year away.

I personally think that the time has come for you to acquire a bank. If so, then Hang Seng Bank in Hong Kong must be on the list.

I hope you can acquire or keep Hang Seng Bank. The one that should be eyeing Hang Seng Bank should be Niu Niu Bank.

There will be risks here, coming from the senior management of Niu Niu. Hang Seng Bank has a great reputation in Hong Kong.

Moreover, it is one of the three major banks that issue Hong Kong dollars. The people of Niu Niu understand the value of it and will not let you simply acquire it.

Even if I cannot acquire it, I don’t want Hang Seng Bank to fall into the hands of Niu Niu Bank.

The amount of money to acquire Hang Seng Bank will not be much, 200 million Hong Kong dollars is enough, and we won’t need that much, so the amount of money is not important.

There is still time, and I hope Mr. Lou can choose a bank that you are satisfied with or a similar bank.

As long as Hang Seng Bank does not fall into the hands of Niu Niu Bank, it will be fine as it maintains its position as a local banking power.

The key to all this is money and not being hated by the Niu Niu people, so I would like to ask, how much money can Mr. Lou take out, in Hong Kong dollars and Eagle Sauce coins?

This is very important! "

“It’s a good plan for Niu Niu to take action against Hong Kong’s local banks. This will allow Niu Niu people to better grasp Hong Kong’s economy. Hang Seng Bank is indeed very important.

I can now take out 2.7 million Eagle Sauce Dollars in cash and 3 million Hong Kong dollars in cash.

There is still 1 million Hong Kong dollars in the stock market.

There is only about HK$3 million of the HK$ million in cash that needs to be put into operation!

Just like some fixed assets, I dare not touch them! "Lou Bancheng talked about his financial situation.

"My income has been decent in the past few years. In another five years, I will be a tycoon in Hong Kong!

I have enough Eagle Sauce Coins, but a few Hong Kong dollars. How many Hong Kong dollars can you exchange for Eagle Sauce Coins in half a year? Or can Hong Kong City Bank use Eagle Sauce Coins to pay deposits? "Cao Dongfang asked Lou Bancheng.

“In Hong Kong, the Eagle Sauce Coin can basically be used as Hong Kong dollars, and there is an exchange rate. Although this is the territory of the Bulls, it has little impact on the Eagle Sauce Coin.

It can be exchanged in various foreign banks, but there is an extra procedure. First, exchange the Eagle Sauce Coin into Niu Niu Money, and then exchange it into Hong Kong Dollars.

In Hong Kong, Niu Niu currency and Eagle Sauce Coin are more popular than Hong Kong dollars. To issue Hong Kong dollars, you must have Niu Niu currency or Eagle Sauce Coin reserves before you can issue Hong Kong dollars! "

Lou Bancheng talked about how to use Hongcheng Coin.

"How many years have you been in Hong Kong? How have you recruited people? Are there talents in this field, real estate, and TV station management?"

Lou Bancheng: "Very good, my company is developing very fast, the salary is not bad, many people come here, and I don't let go of those who are capable.

If we can enter the banking, film and television, and real estate sectors at the same time, there will be no problem. "

"It's good to have people, and it would be good to have money. The stock market in Hong Kong is quite hot right now. How about Sir Zhou's milk company in Hong Kong?"

"Milk Company, I've never paid attention to this. What Mr. Cao meant by asking about this company is... Lou Bancheng didn't understand.

"The land of the Milk Company is not small, and the location is not bad. There are many such companies in Hong Kong City. Mr. Lou should pay attention to it.

The stock price of the milk company is not high, so Mr. Lou can acquire it and either acquire the milk company or make money.

In fact, it is better to acquire it! Zhou Jueshi only has less than 30% of the shares, and there are more scattered shares, which are easier to collect.

Including the stocks held by Sir Zhou, after all, none of his children are engaged in business.

Pay a high price for his shares and respect him personally. The milk company only needs to exchange shares and there is no need to change the chairman.

He is old enough to still work for a few more years.

Still a wage earner.

And you will also have the friendship of the Zhou family.

As far as I know, milk companies are starting to be targeted and you can't buy them at a low price.

Don’t worry if there is no milk company. I have some resources from old companies in Hong Kong. You can study it and acquire their companies. It is no worse than buying the land directly.

Moreover, Hong Kong’s stock market will not last until the Chinese New Year next year and will definitely fall sharply. Money is still the most important thing at this time.

How much money can Mr. Lou launder into yours in a year? Is 500 million Eagle Sauce coins enough? "

"It's unlikely. One hundred million is okay, but no more. My company and business are still too small!" Lou Bancheng had no choice because the company was too small.

Cao Dongfang, "It's so little, then just do it this way, invest more in the stock market in batches, I will leave you 200 million Eagle Sauce coins, invest in the factory you think is good!

Don’t worry too much about whether you make money or not. The most important thing is to legalize the money you have!

How is your instant noodle factory now! "

"I understand what Mr. Cao means. The instant noodle factory can do it. Two million boxes or 48 million packs a year can all be sold," said Lou Bancheng.

Cao Dongfang, "That's fine, but the profits are not big. Can you open a TV factory? Target the electronics industry. I will help you smuggle it abroad!"

“You have the skills!”

"I have!"