Reborn in Hong Kong: The Tycoon Grows Up
Vol 2 Chapter 525: Hong Kong enters bear market
When Bao Zixuan was mobilizing funds to acquire stocks, banks and real estate, some Xiangjiang companies and people sold their assets because they did not understand the current situation, and the number and number of people were very large. All of a sudden, everyone is scrambling to exchange international currency such as US dollar and Japanese yen. Of course, gold and silver precious metals are also acceptable.
At this time, the people of Xiangjiang are very sensitive, and any trouble in the market will stimulate their nervous nerves.
On September 26, 1982, the news that "Xie Liyuan Gold Shop" announced its closure shocked the entire Hong Kong. The owner of this gold shop, Xie Zhichao, comes from the Xie Liyuan family, a prominent family in the casino. Although Xie Liyuan Gold Shop and Xie Liyuan Jewelry have no business relationship, they belong to the Xie family. The Xie family's strong capital, stable operation, reliable reputation and the brand effect of the time-honored "Xie Liyuan" endow Xie Liyuan Gold Shop with almost the same quality assurance , and therefore it was very popular in Hong Kong. At that time, everyone in Hong Kong was proud of holding Xie Liyuan gold coupons. It is conceivable what kind of waves its collapse will cause!
In fact, Xie Liyuan Gold Shop is also looking for his own death. In the 1970s, the price of gold rose sharply. Xie Liyuan Gold Shop launched the "Thousands of Gold Accumulation Plan": citizens can open gold accounts and buy and sell gold at the gold price of the day. After its launch, it was greatly welcomed by Hong Kong citizens. Industry insiders estimate that Xie Liyuan Gold Shop will use this to absorb more than 20 million yuan of funds.
However, the paper gold launched by Xie Liyuan Gold Shop did not buy and sell gold in the market according to the needs of customers, nor did it have a large amount of gold reserves. In August 1982, the international gold price rose sharply, rising nearly 1,500 yuan per tael of gold. Xie Liyuan Gold Shop was forced to cover positions in the market, resulting in poor capital turnover.
After Xie Liyuan Gold Shop went bankrupt, the crisis was passed on to Hang Lung Bank, which was closely related to him. Those investors who were too late to exchange gold from the Xie Liyuan Gold Shop took the next step, waving gold coupons like a tide to the Hang Lung Bank and withdrawing 70 million Hong Kong dollars in one day.
In the past life, it was the joint guarantee of Standard Chartered Bank and Hua Xia Bank that enabled Hang Lung Bank to survive this crisis and live another year. This time Bao Zixuan wanted to get a chance for Hang Lung Bank to give Standard Chartered and Hua Xia a shot.
Bao Zixuan personally came to the office of Standard Chartered Bank Bauhaus Sanderson and saw the arrival of Bao's richest man. Bauhaus-Sanderson hurriedly stood up and said, "Why didn't Bao Xuedi inform you in advance, let me go down and meet you,"
Bao Zixuan: 'Don't talk about those false courtesy between us. This time I came here to find you, and I want to ask the senior to sell me a face. "
Although I don't know why Bao Zixuan came to the door all of a sudden, he also said that he had something to ask for himself. However, since the other party can come in person, it is already to give you face. If you don't agree, the consequences can be imagined.
After the account was cancelled from HSBC, some of the funds were deposited in Standard Chartered Bank. At this time, Standard Chartered Bank has lent out a lot of funds, and it will definitely not be recovered in a short time. If Bao Zixuan does not agree to the conditions at this time, then Standard Chartered Bank will be very sad in Hong Kong.
Bauhaus-Sanderson: "Let's talk about whether we can help or not. If you have something, you can tell me. Or just ask someone to convey it. You don't need to come over in person."
Seeing this, Bao Zixuan felt very funny. The people of the Sanderson family kept their posture so low, it seemed that the life of Standard Chartered Bank was not easy.
In fact, the richest man Bao guessed right, in order to prove himself desperately and improve his performance. Bauhaus-Sanderson has issued a large number of loans to real estate companies, and it is estimated that the scale of loans in Hong Kong is smaller than that of HSBC. Most of the funds on the books are the deposits of the Heiyun Group in the bank. If Bao Zixuan really wants to take the bottom line, Standard Chartered Bank will not go bankrupt. However, funds must also be mobilized from the United Kingdom, and the successor of the family will really have nothing to do with him.
Now that Bao Zixuan can come over in person, he still can't stabilize him. If you really offend people and sell them like HSBC, then you will not be far from returning to your hometown.
Bao Zixuan: "Senior should know about Xie Liyuan's collapse of Gimpo!"
Although he didn't know what Bao Zixuan meant by asking this, he still answered truthfully: "Of course, I am also worried about this matter. Don't they all say that Xie Liyuan is from the Xie family in the casino city! Why is it so easy to go bankrupt, it seems that sometimes it can't be deceived by fame."
"Xie Liyuan Gold Shop still has a loan of 10 million Hong Kong dollars in our bank, and I have called someone to collect it. I thought that Xie Zhichao had no money at home! But who would think that the family would not care about him at all, and Xie Liyuan Gold Shop and Xie Liyuan Jewelry doesn't have anything to do with it. You're not angry; why did you suddenly think of asking this?"
Bao Zixuan knew that Bauhaus-Sanderson would not worry about 1,000 Hong Kong dollars even if he didn't count, and he probably acted for himself. At the same time, it may also be worried that other companies will be like Xie Liyuan Gold Shop. After all, the Xie family failed to keep Xie Zhichao, and the situation of ordinary businessmen can be imagined.
Bao Zixuan: "Who will be most affected by the closure of Xie Liyuan Gold Shop?"
Hearing this, Bauhaus-Sanderson immediately understood that Bao Zixuan's goal was Hang Lung Bank. The most worrying thing in the Hong Kong banking industry has happened. The richest man Bao wants to form his own bank, but how can the formation of a bank be faster than the acquisition! This is in line with the style of the richest man.
Bauhaus-Sanderson: "The reason why the apprentice came here is because of Hang Lung Bank."
Bao Zixuan: "The senior understands me. Heiyun's scale is now enough to set up its own bank. As for this point, I can understand without saying that the senior can cooperate with Standard Chartered Bank. I think HSBC is the only one. your worst enemy."
Although Bauhaus-Sanderson is very afraid of Bao Zixuan's own establishment of a bank, does he really dare to oppose it now? It is this time that they failed to successfully acquire Hang Lung Bank. Wouldn't they set up their own bank! At that time, people can be offended to death, and Standard Chartered Bank will not want to do business with Heiyun for a penny in the future. Bao Zixuan is a person with a temperament, and he doesn't even give Shen Bi and HSBC face; he is nothing in front of others.
Bauhaus-Sanderson: "Please rest assured, junior, Standard Chartered Bank will not be involved in anything related to Hang Lung Bank, and the 10% Hang Lung Bank shares we hold can be sold to you at the original price, junior may have to eat A bit of a loss."
Everyone knows that Hang Lung Bank is no longer as good as it used to be, and its stock price is willing to lose a bit. However, after seeing Bauhaus-Sanderson's statement, Bao Zixuan is still very happy, at least he has secured one.
Bao Zixuan: "Then thank you senior, I will keep this matter in my heart."
It was noon, and Bauhaus-Sanderson insisted on taking Bao Zixuan to eat together. After all, they had just given him enough face, and Bao Zixuan was too embarrassed to refuse.
The two of them swaggered from the bank to a western restaurant next door. In fact, this was all a drama designed by Bauhaus-Sanderson.
The citizens of Hong Kong who came to do business saw the richest man Bao and the president of Standard Chartered Bank walking out of the office chatting and laughing~www.readwn.com~ The two must have reached some kind of deal. In this way, Standard Chartered Bank must have received the full support of the richest man Bao. The man in Hong Kong had more dollars and yen in the hands of the richest man, so people who had withdrawn money from other banks began to deposit money in Standard Chartered Bank.
In just one day, Standard Chartered Bank has absorbed more than 50 million US dollars in deposits. It can be said that the Bauhaus-Sanderson operation is also very clever.
At the same time, the vice president of Heiyun Group came to Hua Xia Bank Xiangjiang Branch. She came here for a very clear purpose, hoping that Hua Xia Bank would not participate in anything related to Hang Lung Bank.
Hua Xia Bank has no special purpose in helping Hang Lung Bank, it just wants to maintain the economic stability of Hong Kong. Now that the Heiyun Group has come to explain the situation, the Xiangjiang branch does not dare to make decisions without authorization. After learning about the situation, the Kyoto Head Office agreed to the request of the Hong Kong Branch and did not guarantee Hang Lung Bank.
From the perspective of Huaxia, since Heiyun Group intends to take over Hang Lung Bank, it is also a measure to maintain the economic stability of Hong Kong. As for who can stop the black cloud from entering the banking industry, and who dares to stop it, it is better to follow the flow and be a personal favor, everyone will look good on face.
Zhao Tingting immediately left Hua Xia Bank Xiangjiang Branch. So far, the two backers of Hang Lung Bank have been settled by Bao Zixuan. Next, the British Hong Kong government needs to be dealt with. If you don’t even give this face, then you will really be a fool.
In fact, Bao Zixuan has already found a good person to lobby for a long time, and he is waiting for tomorrow when the Hong Kong government holds a financial conference to exert his strength.
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