Singapore.

It is the fourth largest international financial center after New York, London and Hong Kong

Known as one of the "Asian Tigers", its economic model is called "state capitalism".

It is also the only developed country in Southeast Asia.

Due to a variety of historical reasons, Singapore is the largest base of Chinese in Nanyang, and most of the overseas Chinese businessmen in Southeast Asia will live in Singapore.

Of the 5.5 million Singaporeans, more than 74 per cent are Chinese.

Especially in the southeastern provinces, Guangdong and Hainan, more than 40% of them are Hokkien people, followed by Chaoshan people.

Mr. Liang Sicheng once said: "Architecture is the carrier of history, and architectural culture is an important part of history and culture, which entrusts human beings with their own memories and feelings of history." ”

Therefore, Singapore has not only the shadow of classic British architecture, but also the houses of Chinese architecture, as well as the styles of Indian and Malay architecture.

In the city of Singapore, at the southern tip of Singapore, there is a Chinese-style mansion covering an area of 100 acres.

Golf courses, swimming pools, pavilions and pavilions, the elegant environment is no less than the mansion of an ancient queen.

This is a house of the overseas Chinese businessman Qiu De Pao family in Singapore.

Many people have never heard of the name Khoo Teck Puat.

However, many people have heard of the company controlled by Qiu Depa.

Qiu Depa's ancestral home is Haicang, Ludao, Southeast Province.

Born in Malaysia in 1917.

He is the richest man in Singapore and the founder of Malaysia's largest bank. Directly and indirectly holds 82.4% equity interest in Maybank Malaysia.

Market capitalisation of approximately S$1.075 billion.

The biggest investment in Chiu's life was in 1986 when he teamed up with Hong Kong ship king Pao Yugang and Australian businessman Robert Bo. Hum, defeating Lloyds Bank's acquisition of Standard Chartered Bank.

Anyone who can become the richest man must have a brilliant life that is different from ordinary people.

Khoo is no exception.

In 1933, at the age of 16, he joined the OCBC Bank, which his father co-founded.

In 1959, Qiu Depua, who had already become the deputy general manager of the bank, was unable to enter the board of directors and resolutely left to seek another career.

In 1960, he partnered with several people to open Maybank in Kuala Lumpur with a capital of 10 million ringgit (100 ringgit is about US$26.31).

Now, Maybank is the largest and most well-known bank in Malaysia.

In 1986, he was knighted by the British government.

However, whether it is a pink beauty or a peerless hero, there will be a day when they will grow old, and the aging Qiu Dedi will gradually hand over the business in his hands to the heir.

Born in 1917, Qiu Depu is nearly 80 years old.

However, except for the decay of his physical functions, Qiu De has no problems with old eyes and dizziness and inflexibility.

Reading books and newspapers to observe the international situation is still a habit he insists on every day.

As the helmsman of the Qiu family, even if the power is gradually transferred to the successor, how can he easily let go of his heart.

In other words, in the eyes of the elders, the child will always be the child.

So even though he is in retirement, Khoo still observes the global economic and political situation on a daily basis, as he has done in the past.

On the TV, Singapore TV is broadcasting the news.

This is one of the must-see shows that Khoo Tak Pao has to watch every day.

Suddenly, a piece of news on TV caught Qiu Depa's attention.

In the past month, the Thai stock market has plummeted by nearly 50 percent, and more than one trillion yuan of market value has been wiped out in the crash.

Affected by the stock market, Thailand's real estate has also shown signs of collapse, with real estate in Bangkok, Chiang Mai, Pattaya and other places all showing declines ranging from 30% to 50%.

Due to the rapid collapse of the stock market and real estate, which aroused great resentment among the Thai people, more than 100,000 people launched dissatisfaction and protests against the Thai government. Siba Acha was forced to step down under the pressure of public opinion, and the military was sent to war. Army General Yongchai Yu was elected as Thailand's new prime minister......"

In the picture, part of the picture shows the Thai people demonstrating on the streets, and countless Thai people are lining up in front of the Thai Prime Minister's Office to demonstrate and protest.

The screen flashed, and it switched to the former Prime Minister of Thailand, Banhan?? Footage of Siba Acha being attacked by rotten eggs and rotten leaves.

"The new prime minister is Chawarit?? Yongchaiyu said that it will invest up to 500 billion baht in bilateral bailouts. Yongchaiyu's main political stance in winning the vote......"

Thailand, as one of the four tigers in Southeast Asia, the collapse of its stock market and real estate will inevitably have a huge impact on neighboring countries.

At the end of the news, Qiu De frowned and considered how much impact this incident would have on the Qiu family's industry.

The Khoo family's assets are mainly in Malaysia and Singapore.

In particular, the Malaysian bank of the Qiu family has also invested a large amount of funds in the real estate business in the economic development of Malaysia in recent years.

The collapse of Thailand's stock market and real estate has sounded the alarm in Khoo's heart.

Fortunately, there are no major problems in Malaysia's stock market and real estate at the moment, and the Malay stock market is still out of new highs amid the collapse of the Thai stock market.

After thinking about it for a while, Qiu Depai was still a little uneasy.

After picking up the phone and explaining to the various management of the family, it was a little breathless.

Having been a businessman all his life, Qiu Depai knows too well that there are crises everywhere in the mall.

If you are not careful, a lifetime of hard work will come to naught.

Let's hope that Malaysia and Singapore will not be affected by the Thai market this time.

"Bell bell ring...."

Suddenly, the phone that Qiu Dedian had just put down rang.

The number is an internal phone number from Hong Kong.

"Hey..... what did you say?

Standard Chartered Bank Headquarters, Hong Kong.

George King is no longer the personable man he used to be.

His handsome face was covered with uneven layers of stubble, and his hair was as messy as a chicken's nest.

Even the suit on his body was worn crookedly.

Now George King is like a down-and-out drunkard, who has no image and temperament that a banker should have.

George King never imagined that the insurance policy, which he thought would bring huge profits to the company, would become a talisman that would send Standard Chartered to hell.

During this time, George King was tormented.

Almost every day, George King spends his days in regret and torment.

It's just a matter of regretting that this kind of thing is always cheap and doesn't make any sense other than to make people tormented.

George King smoked a cigarette in frustration.

He thought, staring blankly at the ceiling.

Leeson brought down Bahrain last year, should I bring down Standard Chartered this year?

Damn, how could it suddenly be like this.

On 23 February 1995, the Bank of Baring, one of the oldest banks in the UK, declared bankruptcy.

Historically, the Bahraini family, which founded the Bank of Bahrain, has been awarded five hereditary titles.

But no one expected that the bank would eventually be ruined by a 28-year-old hairy boy, Nicolisson.

Eventually, the Bank of Bahrain became insolvent and was sold to ING for a symbolic dollar.

The current Standard Chartered Bank is not much better than the original Bank of Bahrain.

It's not even as good as the situation that the Bank of Bahrain faced at the beginning.

At the beginning, Bahrain went from loss to bankruptcy, but it took nearly a year to go through it, and it can be regarded as a gradual process.

At the very least, Nicolison enjoyed the excitement and excitement of a trade.

But now only a few months away, Standard Chartered is about to face the situation that the Bank of Bahrain was in at the beginning.

All because of a policy.

An insurance policy that would have brought a net profit of nearly HK$1 billion to Standard Chartered.

A few months ago, after careful research, Standard Chartered signed a super insurance policy worth $200 million with an investment company.

That policy, according to the trajectory of the market, will bring more than $100 million in net profits to Standard Chartered every year.

According to the highest risk assessment of Standard Chartered at the beginning, it can be said that there is no risk at all.

But this policy, which does not have any risk, and this policy, which can bring more than 100 million net profits to Standard Chartered every year, has gone wrong.

The problem is serious enough to beat Standard Chartered to the point of complete bankruptcy.

。 m.