Chapter 951: Rongle's Madness (4) (4200 word chapters, please subscribe!~)

June 23rd!

Rong's Investment held a press conference again, announcing the acquisition of 23% of the equity of Youlian Bank in the hands of Wen Cairen, the owner of Youlian Bank, and at the same time, it has acquired more than 15% of the equity of Youlian Bank in the stock market, exceeding the critical point of holding the equity of listed companies stipulated by the Hong Kong government, and announced the full acquisition of Youlian Bank at a price of 1.5 Hong Kong dollars per share!

Founded in 1964, Union Bank is a Chinese-funded public bank, the largest shareholder of which is Wen Cai, the highest share price is 6 Hong Kong dollars per share, but later because of the Hong Kong dollar turmoil, and now the Haita shock, it has affected many banks, Union Bank is one of them, resulting in the share price of Union Bank plummeting, and now it has fallen to 1.47 Hong Kong dollars per share.

Deposits also dropped from HK$2.1 billion at their peak to HK$920 million!

No one knows where Rongle's acquisition in the banking industry ends, everyone thinks that Rongle has fallen into complete madness at this time, everyone is waiting, to see how far Rongle's acquisition road will go?

Nowadays, almost all the front-page headlines of the three major TV stations and various economic newspapers in Xiangjiang are left to Rong's investment, and every day they are calculating how much money Rongle has spent, how much pressure it will bear, how terrifying the cash invested by Rong's investment, and whether it can survive the crisis in the banking industry in Xiangjiang?

Even HSBC suspended their board meetings at this time, and some people on the board even asserted that HSBC did not need to make a move at all, and that according to Rongle's endless acquisitions, Rong's investment cash would be emptied by Rongle sooner or later, and at that time, HSBC would not need to do it himself, just sit back and enjoy the benefits of the fisherman.

On the afternoon of June 29, Rongshi Investment announced that the wholly-owned acquisition of the shares of Youlian Bank was completed, and it will be reported to the Xiangjiang Securities Regulatory Commission and the Xiangjiang Financial Secretary to privatize Youlian Bank!

On July 1st, Youlian Bank changed flags!

July 5th.

Rong Le came to ATV in person!

The three major TV stations in Xiangjiang, Dynasty TV, TVB, ATV, among which ATV's influence is the smallest, ATV's chairman Qiu Degen and TVB's Sir Shao are both fellow countrymen, and the two can be said to have both cooperation and fighting.

Qiu Degen was born in 1925, in the early fifties, he came to Xiangjiang with his wife Qiu Jinqiu, Qiu Degen has a low education, and his family is in the middle, while Qiu Jinqiu is the daughter of a wealthy businessman in Shanghai, and the marriage between the two was also a beautiful talk at that time.

When Mr. and Mrs. Qiu Degen came to Hong Kong, they only had a few hundred Hong Kong dollars, Qiu Degen returned to his old business, first partnered with friends to do slide ads, buy and sell films, and later had a certain amount of savings, Qiu Degen found a new way to go to the New Territories to rent a warehouse to make a cinema, the cinema business made Qiu Degen get off to a good start, and then Qiu Degen's business became bigger and bigger, and by 1958, he had independently owned 14 rural theaters and became the king of cinemas in the New Territories.

Some of the films of Dynasty Film and Television will also choose to be released in Qiu Degen's theater, so Qiu Degen and Rong Le actually have both cooperation and fighting.

The 50s belonged to the beginning of the industrial period in Hong Kong, due to the high price of land in the urban area, many industrialists moved their factories to the New Territories, the population of the New Territories increased, and the market gradually prospered.

Qiu Degen saw business opportunities from it, and thought that the real estate business in the New Territories was promising, but at that time, Qiu Degen was not the current king of the New Territories cinema, and his assets were limited, so Qiu Degen thought of opening a bank to raise funds, but Qiu Degen had insufficient funds and could not apply for a bank license, so he had to open a money bank first, and at the end of 1958, Qiu Degen established Far Eastern Group Money Village in his old base Tsuen Wan.

With the development of Far Eastern Bank, as well as some of the reasons for the favorable time, place and people, Far East Bank gradually grew, and in 1960 it was reorganized into Far Eastern Bank.

At that time, Tsuen Wan was already an important industrial town in the New Territories, and the Far Eastern Bank Building had not yet been completed, and many companies had rented office rooms in the building, and with the Far Eastern Bank Building as a signboard, the deposit customers were no longer limited to the villagers in the New Territories, many of them were corporate customers, and the funds were in and out of the tens of thousands, and the Far Eastern Bank had set up a number of branches and offices in Hong Kong, Kowloon and the New Territories.

At this time, Qiu Degen reached the peak of his career and was known as the richest man in the New Territories and a banking giant in the New Territories!

On January 26, 1965, there was a run on the Mingde Bank, and soon after, the Mingde Bank collapsed in the run, and the tide spread like a plague in Hong Kong and Kowloon, and the branch of the Far Eastern Bank in Hong Kong and Kowloon naturally became the target of depositors' attack.

Qiu Degen prayed in his heart that the crowding trend would not spread to the New Territories, but the blessing and misfortune were not a one-way street, and in an instant, the New Territories branch was frequently in an emergency, at first it was a well-informed and responsive corporate depositor withdrawing money, and then Shengdou Xiaomin flocked to the head office branch of the Far Eastern Bank, all with anxious and angry expressions.

Far Eastern Bank has run out of liquidity, and the first crisis has arrived!

Qiu Degen survived with a broken arm, and mortgaged the two properties of Far Eastern Bank Building in Tsuen Wan and Liyuan Playground to HSBC and Standard Chartered respectively, and borrowed cash to cope with the run!

In 1967, the Xiangjiang incident (afraid of harmony, I won't go into details, interested friends can check the information at that time), which made Xiangjiang's banking industry more turbulent, until 1969, Qiu Degen was forced to transfer 76% of the equity of Far Eastern Bank to the American-funded Wanguo Tongbao Bank.

The mortgaged property returned to Qiu Degen's hands, but Far Eastern Bank no longer has the surname Qiu, Qiu Degen holds 24% of the equity of Far Eastern Bank, and is already the chairman of Far Eastern Bank in vain.

After a short honeymoon period between Wanguo Tongbao Bank and Qiu Degen, the contradictions between the two sides became more and more obvious, and when Wanguo Tongbao Bank proposed to reorganize the high-level people of Far Eastern Bank, the contradictions between the two sides completely broke out, until they went to court!

The whole lawsuit lasted for 4 years, after all, Wanguo Tongbao Bank was a strong dragon did not overpower the snake, decided to withdraw from the Far Eastern Bank, and the equity was taken back by Qiu Degen again, in September 1981, Qiu Degen announced that the Qiu family once again had control of the Far Eastern Bank, and the lawsuit was finally settled out of court, and Qiu Degen was victorious.

However, Qiu Degen's life is destined to be bumpy, the good days did not pass a few years, in 1983 Qiu Degen's son drunk driving, hit and killed the police officer on duty, became a sensational news, Qiu Dacheng was sentenced to 4 years in prison, and now the Far Eastern Bank is also affected by the Haitao shock.

"Rongsheng, Far Eastern Bank will not be sold!" This was the first thing Qiu Degen said after seeing Rong Le!

Rong Le smiled bitterly: "Qiu Sheng, how do you know that I am here to acquire the Far Eastern Bank?

Qiu Degen: "Is it still a secret that Rongsheng is now wantonly buying a troubled bank in Xiangjiang? If Rongsheng didn't come for the Far Eastern Bank, could it be for other things?"

Rong Le: "There are indeed some other things that I want to discuss with Qiu Sheng!"

Qiu Degen was slightly stunned, he didn't expect Rong Le to really have other things, and asked, "I don't know what happened to Rong Sheng?"

"I have a few story ideas about TV dramas in my hands, and I want to cooperate with Qiu Sheng!" Rong Le said with a smile.

Qiu Degen's eyes lit up, who doesn't know that Rongle's story creativity is the top in Xiangjiang, and the story ideas he gave are the highest-rated TV series in Hong Kong, and now ATV is struggling under the attack of Dynasty Satellite TV and wireless TVB, with an annual loss of more than 100 million yuan, if you don't come up with a few good TV series, ATV will not be able to hold on.

"I think Rong Sheng should be conditional, right?" Soon Qiu Degen thought that Rong Le couldn't give himself a story idea for no reason, he must have come with conditions.

"Yes, I can give these story ideas to Qiu Sheng for free, but the condition is that Qiu Sheng must agree to sell Far Eastern Bank to Rong's Investment!" Rong Le said with a smile.

Qiu Degen's face was a little strange, and he said that he didn't come for the Far Eastern Bank, and he believed you......

"Rongsheng, as I said just now, Far Eastern Bank will definitely not be sold, and I am afraid that Rongsheng will be disappointed this time!" Qiu Degen refused, although Rongle's story creativity was the top, it was impossible for Qiu Degen to agree to sell Far Eastern Bank because of this.

"Qiu Sheng, you are older than me, I will call you Uncle Qiu!" Rong Le smiled.

"It's an honor!"

"Qiu Bo, the current situation of the Far Eastern Bank, you must know better than me, if the Far Eastern Bank wants to survive this difficult period, it must introduce foreign capital to join, in this case, why not sell it to me, so that your ATV can still get steady development!"

"Even if the Far Eastern Bank introduces foreign capital, it still belongs to our Qiu family, but if it is sold to Rongsheng, then the Far Eastern Bank will not belong to our Qiu family at all!" Qiu Degen's feelings for the Far Eastern Bank are also very huge, and he cannot accept the sale of the Far Eastern Bank.

Moreover, this time, Qiu Degen has already thought that he will not introduce only one foreign bank like last time, but is ready to introduce two or three, so that the equity can be dispersed, and there will be no more 'authoritarian dictatorship' like Wanguo Tongbao Bank.

"Uncle Qiu, shouldn't the current situation of ATV be too good?" Rong Le asked.

Qiu Degen's eyes became a little sharp, ATV's business situation has always been bad, this is known to everyone, but for ATV, Qiu Degen has another feeling, when Qiu Degen and his wife came to Xiangjiang alone, they got acquainted with Lu Yuntao, who was quite famous in Xiangjiang at that time, and got Lu Yuntao's help many times, and later hoped to join hands with Lu Yuntao to enter the film and television industry, at that time, Lu Yuntao's film company was one of the two largest film companies in Xiangjiang, and the other was naturally Shaw Brothers.

At that time, Shaw Brothers was not even the opponent of Lu Yuntao's film company, but unfortunately, in 1964, when Qiu Jinqiu accompanied Lu Yuntao and his wife to Wanwan to participate in the Golden Horse Awards, the plane crashed.

The acquisition of ATV is also to commemorate his deceased wife, it can be said that Qiu Tepba's feelings for ATV are completely different from his other industries.

Even when he had no choice but to sell ATV decades later, when he was sick and could only lie on the hospital bed, when he saw that ATV was in difficulty, he called his son to him and asked if he still had money at home, and if he could, he would give the labor of ATV employees!

"Rongsheng, although ATV has some difficulties, but I don't believe in evil, ATV will definitely be able to do a good job!" Qiu Degen said.

"Of course, I naturally know about Qiu Bo's ability, ATV has indeed produced some good programs in recent years, but Qiu Bo, ATV's actors are a little insufficient, there are always a few people who turn over and over, some people are not in line with costume dramas and Republic of China dramas at all, but they were arranged by ATV to be the starring role in TV series, which really delays the quality of the series!" Rong Le said with a smile.

With the TV drama talents of Xiangjiang being monopolized by Dynasty Satellite TV and Wireless TVB, the available actors of ATV are gradually decreasing, although Qiu Degen has increased the labor, but due to ATV's continuous losses, the cost of TV dramas is rising year by year, and the actors of TV series also hope to increase their fame, so after ATV mixed up some names slightly, he thought about passing Dynasty TV and TVB.

In this regard, ATV is often stretched.

"What do you mean?"

"Uncle Qiu, as long as you agree to sell the Far Eastern Bank, the actors of our Dynasty TV can lend you ATV to make dramas, so that won't avoid the problem of your ATV's lack of actors?" Rong Le said with a smile.

"Haha, isn't Rong Sheng's calculation too good, isn't this going to make us think that you will be able to train actors on your Dynasty TV!" Qiu Degen smiled faintly.

"This is the wisdom of the benevolent and the wise, it is true that in this regard, our Dynasty TV has indeed benefited, but ATV has indeed gained something, and Qiu Bo has one thing you may not know, TVB's Sir Shao is already operating TVB's star promotion, when the time comes, Dynasty TV, wireless TVB two major satellite TV, will get more resources, where should ATV go?" Rong Le threw out another problem.

With the achievements of Dynasty Satellite TV in last year, Sir Shao of TVB naturally looked more and more red, they already have a strong viewership group in Southeast Asia, if in another two years, Dynasty TV has completely gained a foothold in Southeast Asia, at that time, the sales of TVB TV series will not be as smooth as now, Sir Shao naturally saw these, so after entering 1985, Sir Shao has been actively operating TVB on the star.

Qiu Degen's expression was a little gloomy, he naturally knew these things, and now the situation for ATV is that if he does not follow in the footsteps of Dynasty TV and TVB and become a satellite TV station, then the space left for ATV will be even smaller.

But if you want to rise to the star, you need a huge amount of money, which makes Qiu Degen, who is already stretched thin in cash, scratch his head even more.

"As long as Qiu Boken sells the Far Eastern Bank, then more than half of the money on ATV will be on the star, plus the actors provided by our Dynasty TV for you, and the TV series that I Rongle provides for Qiu Bo, then ATV's star will become much smoother, maybe this is an opportunity for ATV!"

"Uncle Qiu, to put it mildly, now your strength can't take care of ATV and Far Eastern Bank, now it depends on how you choose!"