Before the real estate crisis, Hang Lung Bank, as the leading Chinese bank in Hong Kong, had a total market value of HK$1.5 billion and controlled more than HK$10 billion.

After the outbreak of the real estate crisis, although Hang Lung's business was also impacted, the foundation was still there, and it was still able to hold on until Xie Liyuan's gold shop collapsed and Hang Lung was innocently shot.

In fact, in this crisis, any medium-sized bank in Xiangjiang is facing losses, but banks are the core industry in the financial field, and there are countless internal financial talents.

But instead, there was a run on Hang Lung, a kind of domino effect, and the snowball got bigger and bigger, and finally crushed the bank, which had been born for more than half a century.

After listening to this, Xu Zhi asked, "Then do you think we should enter the market to acquire Hang Lung Bank now?"

Yuan Tianfan analyzed: "Chairman, Hang Lung Bank has now fallen into a quagmire and can't extricate itself, as far as I know, just today a day, depositors have withdrawn 60 million Hong Kong dollars from Hang Lung Bank, Zhuang Rongkun and Zhuang Qingquan have contacted several large banks and financial institutions, but basically have been rejected, only our Bank of East Asia has not officially replied, the two of them have now come to our bank headquarters, want to have a meeting with us."

If we want to acquire at this time, the probability of success should be very high, but there are also big risks, in addition to the internal illegal loans of 266 million Hong Kong dollars and 800 million Hong Kong dollars of debt that we know, I am worried that there are other unknown losses within Hang Lung Bank. ”

If it is a listed company, the risk of this situation is low, one is because of the mutual confrontation between non-affiliated shareholders and directors, it is difficult for major shareholders or CEOs to form a profit output group, and the other is that the financial statements of listed companies are strict, and they are also monitored by the stock exchange, even if there are some problems, the general scale will not be very large.

Of course, there are loopholes in any policy, such as Jianing Group, Enron in the United States, and OGX Petroleum in Brazil, which have pioneered the most successful fraud in the history of global business, but there are only a handful of such examples.

In 1976, two brothers, Zhuang Rongkun and Zhuang Qingquan, Filipino overseas Chinese businessmen, bought 80% of the shares of Hang Lung Bank, so far, Hang Lung Bank has become a family business, although the internal operation is also supervised by the financial department of Hong Kong, but it is not difficult to cope with this kind of inspection, no one knows how big the internal hole of Hang Lung Bank is at this moment.

This is also the fundamental reason why no other bank is willing to take over Hang Lung, if you want to thoroughly investigate the hidden liabilities of a bank, it takes enough time, but at this moment, Hang Lung Bank is being run by countless depositors, and without foreign aid, I am afraid it will not survive for a week.

"This Zhuang brother is actually here outside. Xu Zhi said with a smile: "In that case, let's talk to them first." ”

Yuan Tianfan nodded and said, "Okay, I'll call them in immediately." ”

......

After waiting for a while, the secretary walked in with two men about 50 years old.

Yuan Tianfan and Xu Zhi both stood up and took two steps forward.

Yuan Tianfan introduced: "Chairman, this is Zhuang Rongkun, the chairman of Hang Lung Bank, and this is Zhuang Qingquan.

Two Johnsons, this is our chairman Xu Zhi. ”

"I have admired it for a long time, Xu Sheng's name is like thunder. Zhuang Rongkun smiled and shook hands.

"Don't dare to be, please sit down. Xu Zhi greeted politely.

After Zhuang Rongkun sat down, he said: "Xu Sheng, my two brothers came over today, and they really have an urgent matter, so I won't say polite words, we hope that Xu Sheng can help us Henglong from the position that everyone is Chinese." ”

"Johnson, Hang Lung's current problems cannot be solved with a little money. Xu Zhi shook his head with a smile and said.

In the commercial history of Hong Kong, there have been no less than 10 bank runs, and the results of each have been different, with several failing and others surviving, because of the support of other large banks, but not just in cash, but in the willingness to stand up and make a statement and guarantee, so that depositors have the confidence to stop the run, otherwise, no matter how much money is funded, it will be invested in the sea.

Zhuang Rongkun said: "Xu Sheng, if the Bank of East Asia can help Hang Lung Bank out of this crisis, after the matter is completed, I am willing to give 10% of the shares of Hang Lung Bank as a reward, what does Xu Sheng think?" ”

"A 10% stake in Hang Lung Bank is indeed attractive, but your bank's losses are too serious, and it would be too risky for me to enter the market. Xu Zhi shook his head with a smile.

Zhuang Rongkun said: "Xu Sheng, although the arrears of Diners Club Finance are as high as 800 million Hong Kong dollars, but not all of them have been lost, with the operating conditions of our Hang Lung Bank over the years, this loss is completely bearable, but now it has encountered a run, as long as the bank can get through this hurdle, and it will only take a few years to operate normally, it will only take a few years to return to normal, this point, I think Yuan Sheng is also an insider, should be very clear about this." ”

After listening to this, Xu Zhi glanced at Yuan Tianfan beside him, and saw that he nodded, indicating that he agreed with this point of view.

"Maybe, but no one knows if Hang Lung Bank has other losses, right? If it weren't for the financial bankruptcy of Diners Club, Standard Chartered found this illegal loan of 800 million Hong Kong dollars, I'm afraid no one in the whole of Hong Kong would know about Hang Lung's problems now. Xu Zhi asked strongly.

Since it is a negotiation, it is natural to use all favorable conditions to suppress the other party, and Hang Lung Bank has had a case of concealing losses before, which is naturally not accepted by any other businessman.

"What does Xu Sheng mean?" Zhuang Rongkun did not answer the question directly, but asked directly, he knew that the person in front of him had the ability and willingness to help Hang Lung Bank, otherwise, there would be no need for today's meeting at all.

Xu Zhi smiled: "Okay, Zhuang Sheng is happy, I can be famous to help Henglong get out of trouble, but it depends on whether Zhuang Sheng is willing to break his arm to survive?"

"Speak. Zhuang Rongkun raised his hand and signaled.

Xu Zhi said with a smile: "Hang Seng Bank also encountered the same problems as Hang Lung Bank today, but He Shanheng is much more generous. ”

"I see, does Xu Sheng want to annex Hang Lung Bank just like HSBC annexed Hang Seng Bank back then?" Zhuang Rongkun's face was dark, and he understood what the other party meant.