Chapter 818 HK$7.68 billion (4300 words big chapter, ask for subscription)

Xiangjiang has been very lively recently, but this kind of excitement does not make people happy, but is the excitement of people's panic, Shangjing is doing the final negotiations, although the two sides have reached a preliminary agreement last year, but the specific negotiations are still ongoing, at this time has entered a deadlock.

At the same time, coupled with Rong Le, the richest man in Xiangjiang, under the influence of the media with ulterior motives, the Hong Kong dollar crisis that they would have broken out in Hong Kong finally broke out!

In fact, there have been many merchants who have refused to accept Hong Kong dollars before this, but because Rongle's problem is too touching and ups and downs, everyone selectively ignores them, but now the Hong Kong dollar crisis has broken out!

Prior to this, the exchange rate between the Hong Kong dollar and the US dollar was 7.3:1, but today the exchange rate between the Hong Kong dollar and the US dollar officially broke through 9.6:1.

At the same time, due to the recession in the Xiangjiang market and the sharp decline in the stock market, various problems broke out one after another in various banks, and the sensitive hearts of the people of Xiangjiang finally broke out.

As a result, all the banks in Xiangjiang lined up in a long line, and everyone was withdrawing their own deposits and exchanging their Hong Kong dollars into US dollars.

The business of a bank can be roughly divided into two parts, deposits and loans, and the cash reserves in the vault of any bank must be disproportionate to the deposits, otherwise they will not be able to operate normally.

Even the largest HSBC bank in Xiangjiang is the same, but HSBC has relied on their strong market appeal, coupled with their prestige in Xiangjiang, it can be said that it is the most stable among all banks in Xiangjiang today, and HSBC has established its prestige in Xiangjiang by virtue of this crisis.

Even Standard Chartered Bank was not spared, let alone small and medium-sized private banks, which can be said to be experiencing a double heaven of fire and ice at this time.

Among them, Hang Lung Bank, Overseas Trust Bank, Far Eastern Bank, Sun Hung Kai Bank, etc. are particularly important, among which Hang Lung Bank has broken out a crisis of confidence, and at the same time, almost every bank office is lined up with a long queue, if it is not for the timely dispatch of the Xiangjiang police, trampling and injuring people, etc., it will definitely happen, even if there is a dead person is not uncommon.

In later generations, this day was called 'Black Saturday' by the citizens of Hong Kong!

At this time, who cares about Rongle anymore, everyone has gone to the outlets of various banks, and many Chinese-funded banks have been in a hurry.

The more this is the case, the more panicked the citizens become, and almost the whole family is queuing up to withdraw money for money!

It was also at this time that Rong Le appeared on TV again.

Rong Le's words were short, but powerful.

"As an ordinary Xiangjiang citizen, I believe that Xiangjiang's tomorrow will be better, and I also believe that the Hong Kong dollar crisis at this time will eventually pass, in order to let the people of Xiangjiang can rest assured, we Dynasty Media will come up with 800 million US dollars in cash, and at the same time with the Bank of Communications, the Bank of East Asia, and the Sun Hung Kai Bank to reach a cooperation to deposit 200 million US dollars in the Bank of Communications, 300 million US dollars in the Bank of East Asia, and 300 million US dollars in Sun Hung Kai Bank! At the same time, I guarantee that the money will not be used until the Hong Kong dollar market in Hong Kong recovers, and if these three banks have funding problems again, I will mobilize cash support from Panda Retail Group and Tunan Technology Group!"

Why help them, of course, to help them, because this storm will not last even a month, because on October 15, the Hong Kong government will announce the implementation of the Hong Kong dollar linked exchange rate system, which will set the exchange rate between the Hong Kong dollar and the US dollar to between 7.75 and 7.85, and at that time, the US dollar exchanged by Rongle will increase by 23% out of thin air.

At that time, $800 million turned into $984 million, and he made $184 million in less than a month!

Wow!

Rong Le's speech instantly detonated the entire Xiangjiang, and at the same time that everyone fell into a panic, Rong Le's decision was almost to put down a huge ice cube in this oil pot that was about to boil, so that everyone entered a short period of calm.

At this time, the citizens lined up at the headquarters of the three banks, as well as the audience in front of the TV, saw the heavily armed Xiangjiang police and the security team of the Rongle factory, and the escort vehicle slowly drove over.

After the vehicle arrived, Rongle's security team methodically moved out of the car one by one the boxes of dollars placed in the transparent glass box and placed them neatly in the lobby of the bank.

Those citizens who queued up to withdraw money did not see Rongle's speech on TV, but each bank Rongle sent a special person to come over to express Rongle's meaning to everyone, and it didn't take half an hour for Rongle's speech to spread throughout Xiangjiang, and everyone was shocked by Rongle's generosity.

$800 million!

At today's exchange rate, that's 7.68 billion Hong Kong dollars!

Moreover, Rong Le also said that as long as one of these three banks has financial difficulties again, he will once again take out cash to endorse them!

Everyone was crazy, no one thought that at this time, it was Rongle who they said would betray Xiangjiang, and at this time, he would come out with a huge amount of money to support Xiangjiang's economy and help them

The Bank of East Asia!

After speaking on TV, Rong Le came to the Bank of East Asia in person, and was in the lobby of the Bank of East Asia at this time, and the media and newspapers in Xiangjiang were like smelling a shark and killing the Bank of East Asia, and they all wanted to interview Rong Le as soon as possible.

Li Fushu and Li Guolin stood next to Rong Le excitedly, they didn't expect Rong Le to help them with such righteousness, this year Li Fushu just took over the position of the head of the Bank of East Asia in the competition with Jane and Feng, but he was so unlucky to encounter the Hong Kong dollar crisis.

Although BEA has a deep foundation as one of the most famous Chinese-funded banks in Hong Kong, it may not be able to survive this frenzied run.

The Bank of East Asia is like a person who has walked in the desert for a few days without water to drink, but at this time, Rong Le came to them with water.

Looking at the small mountain of dollars in the hall, Li Fushu held Rong Le's hand tightly and thanked: "Rong Sheng, I really don't know how to thank you, if you didn't show up in time this time, our Bank of East Asia would have suffered a heavy blow!"

Rong Le smiled: "Li Sheng is polite, Brother Guolin is my friend, he called in person, how could I not make a move!"

Li Guolin was beside him, he was also grateful, he knew that this was Rong Le adding prestige to his family, after the matter came out, in fact, after the run came out, Rong Le personally called him to ask if their family Bank of East Asia was in trouble.

Even Li Guolin didn't expect that Rong Le would take out 300 million US dollars to support the Bank of East Asia, and Li Guolin's gratitude to Rong Le in his heart at this time is the same as Yang Shoucheng at the beginning.

At this time, he was extremely glad that he had joined Rong Le's Han Tang Society, if he hadn't joined the Han Tang Society, how could Rong Le have helped them with the Bank of East Asia.

The Bank of Communications, which was friendly with Rongle, only received $200 million in help.

The Hong Kong citizens queuing in the lobby of the Bank of East Asia, seeing the hill-like dollars in the hall at this time, were also extremely excited, but this did not reduce the number of people, but it was just a relative to make everyone's queue more orderly.

The reporters who were blocked out by the security team were pushing and shouting to come in to interview Rongle.

When they saw Rong Le walking slowly, they asked questions.

"Rong Shao, what is the reason for you to help the Bank of East Asia so much!"

"Rong Shao, do you really believe that Xiangjiang's tomorrow will be better?"

"Rong Shao, if 300 million US dollars is not enough, will you really transfer it again now?"

Rong Le stood opposite them and waited until they were quiet before he smiled and said, "I am very good friends with Brother Guolin, and I also believe in the credibility of the Bank of East Asia.

"As for the funding problem, Tunan Technology has also prepared to come out with a billion dollars in cash, and is ready to support at any time, but in my opinion, I don't want to use this cash, I don't think so because of anything else, but I believe that the crisis in Xiangjiang will pass soon, the spirit of Xiangjiang people under the Lion Rock is indomitable, I believe that in a few days, Xiangjiang can get out of this turmoil!"

Li Fushu, who was standing behind Rong Le, patted his nephew on the shoulder and said, "Guolin, I saw your grandfather's shadow on Rong Sheng's body, this is a person worthy of respect!"

Li Guolin also nodded excitedly, he remembered what his father told him this morning, his father gave them the impression that the third generation of the Li family was majestic and unsmiling, but just this morning, his father praised him with a rare laugh.

"Uncle, what did Rongsheng tell us about before that?" asked Li Guolin.

"Tell Rongsheng, I'll call Luo Yingzhi in person tonight!" Li Fushu said with a smile.

Sun Hung Kai Bank!

Feng Jingxi and his successor Feng Yongxiang also looked at the mountain of cash in the hall with an excited face, and Feng Jingxi sighed in his heart at this time, if the Bank of East Asia is a wanderer walking in the desert, then Sun Hung Kai Bank is a person who is on the verge of death.

Rongle's support is more like a medical worker with all the medical equipment, saving lives and helping the wounded.

Prior to this, Sun Hung Kai Bank was already heavily in debt, and if they did not get help in the end, they could only be taken over by the Hong Kong government and HSBC Group, so that the Sun Hung Kai Bank, which he Feng Jingxi had worked so hard to establish, would have to change his surname.

At the beginning of the year, Feng Jingxi once found Rong Le, hoping that Rong Le could take a stake in Sun Hung Kai Bank and support Sun Hung Kai Bank, but Rong Le was rejected at that time, but when they were in trouble, Rong Le appeared like a god.

"Yong Yuan, you know what kind of person Rong Sheng is this time, right? When I first spoke out in support of Rong Sheng, you still had some opinions, but now you see, if Rong Sheng hadn't come up with the 300 million US dollars, our Sun Hung Kai Bank might not have been able to keep it!"

At the beginning, Feng Jingxi spoke out to support Rong Le, completely because everyone did it for the sake of everyone being a Chinese businessman, but this matter did not get the approval of his son, in Feng Yongxiang's view, this is obviously a thankless thing, coupled with Rong Le's refusal to invest in Sun Hung Kai, Feng Yongxiang's impression of Rong Le is not very good.

"Daddy, sure enough, Jiang is still old and spicy, this time I took it!" Feng Yong said sincerely, the 300 million US dollars in front of him was the best evidence, his father just spoke out to support Rong Le, but in exchange for 300 million US dollars, he had nothing to say.

"Haha, Yonghui I know that you have received a foreign education, thinking that business is business, but we Chinese people pay more attention to the word benevolence and righteousness, Xiangjiang is too small after all, limited resources, and at the same time there are British-funded consortiums eyeing the tiger, we Chinese consortium, if you want to develop, you must hold a group, sometimes sacrifice some interests are nothing, do business must look farther, such as now, is when we get rewards!"

Feng Jingxi has no reason to be unhappy, with these 300 million US dollars, Sun Hung Kai Bank can basically survive this wave of crisis, even if the 300 million US dollars is not enough, hasn't Rong Sheng already said that as long as there are difficulties, he will continue to take out cash.

"I understand my father, I will reflect on my previous thoughts!" Feng Yong said in detail, facts speak louder than words, Rong Le used his actions to let him see another side of the businessman.

"Well, after this incident, I will ask Rong Sheng to introduce you to the Han Tang Society, and you will have to get along with everyone at that time, understand?" Feng Jingxi said.

"Hmm!" Feng Yongshen had heard of the Han Tang Association for a long time, and being able to join it was also very helpful to expand his network.

In fact, as Feng Jingxi said, in fact, in Rongle's plan, there was no Feng Jingxi's New Hung Kai Bank, but it was Feng Jingxi's support for himself this time that made him have the current decision, so everything has a cause and effect!

Bank of Communications did not have a good reputation in Xiangjiang, and later it was after it had business with Rongle, and with the support of Rongle, it had a better development, but the impact of this run on Bank of Communications was not great compared to Bank of East Asia and Sun Hung Kai Bank, because everyone knew that Bank of Communications was backed by Bank of China, and the possibility of problems was relatively small.

However, the only bank in Xiangjiang that really reassures everyone is HSBC, so after the run, there are a lot of people queuing up at Bank of Communications, and Rongle's cash is more of a stable mentality for depositors of Bank of Communications.

Night!

At Zhong Chuhong's home, Zhong Chuhong looked at Rong Le with admiration and asked, "Brother Le, did you really take out 800 million US dollars to support those three banks?"

Rong Le smiled: "Yes, the money has already been put in them, can it still be fake!"

"But now the city of Xiangjiang" Although Rong Le's behavior made Zhong Chuhong worship, she was even more worried about Rong Le, after all, the Hong Kong dollar was still falling, and she was worried that Rong Le would suffer a big loss at that time.

Rong Le rubbed her head with a smile and said with a smile: "Okay, you don't have to worry, I have a plan!"

Of course, Rong Le has his own plans, and he even can't wait to exchange the billion dollars prepared by Tunan Technology Group in the past few days, and wants to chat with more like-minded people about "{?$article_title?} ", WeChat pays attention to "excellent reading literature", chatting about life, looking for confidants~