Chapter 447: Lin Cheng Reveals a Huge Flaw?

Just when Lin Cheng was in high spirits when he took ATV into his pocket, news came from across the ocean that a Hong Kong super-rich man had fallen into the sand in the Southeast Asian financial market and shorted the Malaysian foreign exchange market and lost 5 billion Hong Kong dollars in one day.

When the news reached Xiangjiang, the major tycoons in Xiangjiang denied that it was themselves who lost five billion, and finally under the hint of some well-intentioned people, everyone pointed to Lin Cheng, thinking that Lin Cheng was the unlucky ghost who lost five billion yuan in the Southeast Asian foreign exchange market.

In the undercurrent, some business forces with ill intentions towards Lin Cheng are already brewing conspiracies.

Li Xiaochao's mansion in Repulse Bay, at this time, Li Xiaochao was mingling with Li Zhiying, Mi Dawei, and Shi Wensheng, three people who had a holiday with Lin Cheng, discussing how to overturn Lin Cheng, the dragon who crossed the river from the collapsed river in the mainland.

Li Zhiying asked eagerly: "Li Sheng, is your news accurate? Did Lin Cheng really lose 5 billion Hong Kong dollars in one day?"

Li Xiaochao smiled: "Lin Cheng, the mainlander, don't know yet, I have already arranged someone around Liang Botao, on March 20, Liang Botao commanded thousands of traders to short the Malaysian foreign exchange market, but he was put on a position by Soros, and lost four billion in one morning, and in the afternoon he wanted to close the position and exit, but he was intercepted by the quantum fund, and he didn't bring out a penny, and even his underwear was lost." ”

"Great! Lin Cheng, Lin Cheng, you also have today!" Li Zhiying cheered, and his eyes flashed with an incomparably bright light.

"Hahaha!" Mi Dawei and Shi Wensheng, the two second ancestors, couldn't help laughing, they had both fought against Lin Cheng at the charity dinner, and their respective family businesses were all British-owned, so they didn't like Lin Cheng, a guy from the mainland.

As for Li Xiaochao, in fact, he has never had a conflict with Lin Cheng, but Xiangjiang is so big and has limited resources, Lin Cheng's existence obviously makes Li Xiaochao, who loves to be in the limelight, feel pressure, and when Li Chaoren teaches his son, every time he compares Lin Cheng with Li Xiaochao, Lin Cheng seems to have become a "child of someone else's family", which naturally makes the narrow-minded Li Xiaochao hate him to the core.

After the excitement, Shi Wensheng, who had already started to contact the family business, said calmly: "Even if Lin Cheng loses five billion, we can only sing a few words about him on the news, but it can't form a fatal blow to him at all." ”

Mi Dawei nodded and agreed: "That's true, Lin Cheng is a ghost, although the business is very large, none of his companies are listed companies, and most of them are wholly-owned holding companies, so it is difficult for us to carry out hostile takeovers of his companies." ”

Li Zhiying also said: "If you want to sing about Lin Cheng in the media, all the media under Next Media will naturally take the lead and make every effort to dig out Lin Cheng's negative news, but if it can't cause an effective blow, I think I'm afraid that Lin Cheng will be fine after a gust of wind." ”

Li Xiaochao said confidently: "Originally, Lin Cheng was impeccable, and there were no flaws at all, I have been keeping an eye on his company since last year, and I have never been able to find a loophole to hit him." But after he returned to Xiangjiang this time, maybe his mentality was inflated, and he actually showed big flaws one after another, and it was difficult for him not to die this time. ”

Shi Wensheng said suspiciously: "Where is the flaw?"

Li Xiaochao smiled proudly: "Bank!"

"Banks?" Li Zhiying was a little puzzled, why did the bank become Lin Cheng's weakness?

"That's right, the bank. Li Xiaochao explained with a smile: "Lin Sheng lost 5 billion Hong Kong dollars, such a large amount of money, not to mention that Lin Holding Group, an enterprise that has just been established for a short time, even if it is my father's Cheung Kong Group and Hutchison Group, it is also a painful loss." ”

Shi Wensheng nodded again and again when he heard this: "That's right, if my Galaxy Group lost such a large amount of money, the company would have fallen into bankruptcy a long time ago, but the Lin Holding Group was calm, as if nothing had happened, which is really incomprehensible." ”

"Huh. Li Xiaochao smiled coldly: "It's very simple, the money he lost belongs to Lin's Bank, and he uses depositors' money to speculate in foreign exchange, which naturally has no impact on Lin's Holding Group." ”

"What? He actually used depositors' money to speculate in foreign exchange, if the depositors can't withdraw the money, then Lin Chengke will be involved in a criminal offense!" Li Zhiying's eyes widened, but the excitement in his eyes became more and more intense.

Li Xiaochao nodded and said, "That's right, Lin Cheng lost such a large amount of money, if the whole Hong Kong media knew about the news, what would happen after that?"

"Hahaha!" Mi Dawei laughed: "What other good thing can this be, of course it is a bank run!"

A bank run refers to the behavior of depositors withdrawing a large amount of deposits in a concentrated manner, which is a sudden, concentrated and catastrophic crisis. The phenomenon of large withdrawals of cash from banks due to consumers' loss of confidence in the bank's ability to pay.

In modern banking, banks generally do not put all their deposits in the bank, but take them out for investment, so the amount of cash kept by the bank is limited.

When people rush to the bank to withdraw their money, but the bank does not have so much cash in circulation, it is easy to cause the bank to go bankrupt and collapse due to the run, which further aggravates the currency and credit crisis and causes chaos in the financial world. The run-on process is often accompanied by a run, which can quickly amplify the adverse effects.

Shi Wensheng was also extremely excited: "Once the Lin Bank breaks out in a run, Lin Cheng will have to take out all the cash and return it to the depositors, once he can't repay the depositors' money, then Lin Cheng can only sell the companies under the Lin Holding Group to repay the funds, if my Galaxy Group has prepared early, maybe I can bite off a big piece of Lin Cheng's meat." ”

Li Zhiying sneered: "My ambition is not big, as long as I get the "Daily Express", it is enough." ”

Mi Dawei smiled: "I'm quite interested in Lin's Real Estate Company. ”

Li Xiaochao finally said: "As long as I have the financial enterprises of Lin's Holding Group, Lin's Bank and Lin's Securities, I think it will be much more convenient to carry out capital operation in the future." ”

The four of them remained silent, and then divided Lin Cheng's huge Lin Holding Group, and then Li Xiaochao instructed the servant to take out a bottle of 82-year-old Lafite, pour four cups, and distribute them to everyone one by one, and said with a smile: "For the downfall of Lin Cheng, for everyone to get rich together, cut to death!"

"Cut to death!" Mi Dawei, Shi Wensheng, and Li Zhiying raised their wine glasses, touched them lightly, and drank them all.

"Bang!"

"Hahaha......"

After toasting, the four of them slammed their glasses on the ground and laughed wildly.