0773 You've Shaved Your Head
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"Why don't I go and see what's going on with the Guo family?" Seeing that his father was on fire, Li Zeju hurriedly relieved. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
"There's no need for it." Li Bancheng waved his hand, "Guo Henian said that there is an urgent matter to rush back to Singapore to deal with, it should not be a prevarication." Tang Huan didn't even let us go, how could he forget the Guo family, who had even had a dislike for a long time. ā
"Are you saying that the Guo family's listed company in Singapore is also targeted by Tang Huan?" Li Zeju, who has been pampered since he was a child, seemed a little panicked, he couldn't understand it at all, and he couldn't accept it, how did the huge attack and encirclement at the beginning become a rush to extinguish fires everywhere now?
Seeing his son like this, Li Bancheng shook his head, and pointed out earnestly: "You must follow the trend in doing things, now God is helping Tang Huan and Qinhe, we don't need to touch this mold for the sake of the so-called face, although the loss caused is not small, but it also bought a living lesson - when the catastrophe is coming, there is no alliance that cannot be broken, and in the end we can only rely on ourselves." ā
Li Zeju, who came to his senses, nodded, and took the initiative to ask: "I will be responsible for the negotiation with the other side, you don't have to come forward, just point in the back." ā
Seeing his son sharing his worries so sensibly, Li Bancheng was very pleased, and he said with a sharp light in his eyes: "It's okay for you to come out, when HSBC asks, I will have an explanation." ā
ā¦ā¦
Li Bancheng subconsciously still had hope for the unfathomable HSBC, but the development of the situation soon made everyone realize that this financial empire that has been entrenched in Xiangjiang for hundreds of years has a tendency to collapse.
It must be pointed out that despite the fact that HSBC's influence in Hong Kong is almost ubiquitous, at this stage its corporate structure has not implemented a completely modern corporate system, but has complied with the HSBC regulations formulated in the last century, or the corporate law of the colonial era, and even when it first acquired the shares of American Ocean Bank, the US courts tried to find out how much bank reserves they had, but they were not able to do so.
It's no wonder that it wasn't until 1983 that the HSBC logo was changed from a "colonial badge" to its current hexagonal pattern.
In other words, HSBC, which has made a lot of money in Hong Kong, is not subject to the regulation of the Hong Kong Companies Ordinance.
If you are not convinced, you can't do it, your fist is big, and you naturally have the strength to exist in a special form.
And, over the years, HSBC has been robust and reputable, and people have become accustomed to it.
But the problem is that before "Black Monday", HSBC funded various thugs to besiege Qin and Yi, and then became deeply involved in the turmoil of the stock market.
The Hang Seng Index has not yet hit rock bottom, which shows how much wealth has evaporated. At this time, the only people who are in the mood to laugh are probably only those speculators who have dumped the stocks of Heung Kong Electric Light, Dairy Farm International, Mandarin Hotel, Qinhe Infrastructure at a high price.
At present, the most concerned question for Hong Kong people is, how much has HSBC lost in this global stock market crash? Is depositors' money still safe?
But HSBC's attitude is as arrogant and tough as ever - when the time comes, the specific situation will naturally tell you, what is the urgency! As for the security of deposits, isn't this nonsense, it's not an exaggeration to say that all the money in Xiangjiang is stored here in HSBC.
In fact, HSBC is so hard-mouthed, and it also has its own difficulties, if it is directly said that the problems involved tens of billions of Hong Kong dollars, it will definitely stir up a thousand waves with one stone and make itself the center of the whirlpool.
However, there is a limit to the role of HSBC's cover-up. There are so many financial media in Hong Kong, and there are always a few of them that have real materials and can analyze a general result from the public information.
In 1986, Hong Kong's GDP was over HK$300 billion. In contrast, in the battle for Qin and Yi before "Black Monday", the scale of funds that each side claimed to have mobilized was close to HK$1,000. As the engine of the attacker, is it possible for HSBC to just move its mouth and not use its hands?
Especially when a "big depositor" like Yang Shoucheng took the lead in staging a good show of kicking the hall that spread all over Hong Kong, a run on the bank that should have been impossible was inevitably formed. It is beyond the cognition of all the elites of Xiangjiang, and it feels like the sky of Xiangjiang is about to fall.
Under the pressure of hundreds of millions of Hong Kong dollars in deposit loss every day, it is estimated that only the core members of HSBC who understand the dividend can calculate how long HSBC can survive.
To this end, HSBC Chairman Paul Po calmly declared: "I believe that after a while, the panic and negative energy of depositors will be almost released, and HSBC has the strength to deal with all centralized withdrawal requests." At the end of the day, they will find that HSBC is the most trustworthy bank and will be back in the arms of HSBC. ā
But at the internal board meeting, the HSBC senior jumped over the wall to reveal the kidnapper's face, "The Chinese banks that have fallen into crisis one after another have finally been rescued by the Hong Kong government and HSBC." But if this situation happens to HSBC, it means that the entire financial system of Hong Kong will collapse. So, we don't have to be in a hurry, someone is more anxious than us. ā
Indeed, the Hong Kong government, which was already in a state of distress by the stock market, saw that HSBC was being run, and it was like a mourner, and it used all its resources to deal with this unprecedented chaos.
Of course, Pu Weishi's calm posture is all put on a show for outsiders, watching HSBC's family deflated day by day, how angry his heart is, only he knows.
What made Pu Weishi's head explode even more was that there was an uninvited guest on this day - Ho Shanheng, one of the founders of Hang Seng Bank who is 87 years old this year but still insists on going to work every day and now serves as the honorary chairman.
In 1965, there was a bank run in Hong Kong. When Hang Seng Bank's cash was about to be withdrawn, Ho Shanheng decided to sell 51% of the bank's equity to HSBC in desperation.
As a result, HSBC not only picked up a big bargain, but also virtually removed the biggest competitor in the banking industry in Hong Kong.
He Shanheng is a very pragmatic person, although Hang Seng, who has been operating for more than 30 years, has lost his right to speak, which has become his lifelong regret, and he cried for two nights. But on the day of the sale, he still presided over the meeting in person, constantly explaining to the employees that only in this way could he continue to survive, and finally stabilized the morale of the army.
After committing to HSBC, Hang Seng Bank has also reaped tangible benefits, with the strong backing of HSBC, its development achievements are second only to HSBC.
However, in recent months, Hang Seng Bank has almost taken advantage of all these years.
Because he and Li Bancheng had formed a friendship as early as when they started their business, Hang Seng Bank was naturally involved in the acquisition war and borrowed a lot of money.
In addition, after HSBC suffered a run, Hang Seng Bank was also involved in a daze, and Ho Shanheng, the spiritual leader of Hang Seng Bank, finally couldn't bear it anymore.
After meeting Pu Weishi, Ho Shanheng directly expressed his dissatisfaction, "For more than 20 years, HSBC has only sent representatives to the board of directors of Hang Seng Bank, and has not interfered with the original Chinese management and daily operations, but recently you suddenly transferred some acceptance business to Hang Seng's head, which is not in accordance with the rules." ā
Pu Weishi, who was in an irritable mood, said in a stiff tone: "HSBC holds 62.14% of Hang Seng's shares, so why not let you share some business?" ā
"That's the loss caused by your own mistakes, why should Hengsheng bear it?" He Shanheng asked rhetorically without flinching.
Pu Weishi sneered, "He Sheng is only the honorary chairman of Hang Seng Bank now, so it's better to worry less about leisure." ā
"You ......" He Shanheng was suddenly robbed and speechless for a while.
"If He Sheng has nothing else to do, then I won't stay longer, there is still an important meeting to attend from the Hong Kong government." Captain Pu issued an eviction order.
"Okay, good ......" He Shanheng nodded angrily, and walked away without nostalgia.
"At this time, no matter who it is, they dare to run around and make trouble." Looking at He Shanheng's stumbling back, Pu Weishi muttered angrily.
This HSBC executive was greatly annoyed, and the Hang Seng spiritual leader over there also hated it.
Before getting into the car, He Shanheng turned around and looked at the fourth-generation HSBC headquarters, which had not been in official use for a long time, and sneered: "It seems that God really wants to accept you!" Hang Seng is not going to be unlucky with HSBC. In my hands, you took away the controlling stake in my hands, and if I can get it back in my lifetime, I will die without regrets. ā
ā¦ā¦
"Why don't I go and see what's going on with the Guo family?" Seeing that his father was on fire, Li Zeju hurriedly relieved.
"There's no need for it." Li Bancheng waved his hand, "Guo Henian said that there is an urgent matter to rush back to Singapore to deal with, it should not be a prevarication." Tang Huan didn't even let us go, how could he forget the Guo family, who had even had a dislike for a long time. ā
"Are you saying that the Guo family's listed company in Singapore is also targeted by Tang Huan?" Li Zeju, who has been pampered since he was a child, seemed a little panicked, he couldn't understand it at all, and he couldn't accept it, how did the huge attack and encirclement at the beginning become a rush to extinguish fires everywhere now?
Seeing his son like this, Li Bancheng shook his head, and pointed out earnestly: "You must follow the trend in doing things, now God is helping Tang Huan and Qinhe, we don't need to touch this mold for the sake of the so-called face, although the loss caused is not small, but it also bought a living lesson - when the catastrophe is coming, there is no alliance that cannot be broken, and in the end we can only rely on ourselves." ā
Li Zeju, who came to his senses, nodded, and took the initiative to ask: "I will be responsible for the negotiation with the other side, you don't have to come forward, just point in the back." ā
Seeing his son sharing his worries so sensibly, Li Bancheng was very pleased, and he said with a sharp light in his eyes: "It's okay for you to come out, when HSBC asks, I will have an explanation." ā
ā¦ā¦
Li Bancheng subconsciously still had hope for the unfathomable HSBC, but the development of the situation soon made everyone realize that this financial empire that has been entrenched in Xiangjiang for hundreds of years has a tendency to collapse.
It must be pointed out that despite the fact that HSBC's influence in Hong Kong is almost ubiquitous, at this stage its corporate structure has not implemented a completely modern corporate system, but has complied with the HSBC regulations formulated in the last century, or the corporate law of the colonial era, and even when it first acquired the shares of American Ocean Bank, the US courts tried to find out how much bank reserves they had, but they were not able to do so.
It's no wonder that it wasn't until 1983 that the HSBC logo was changed from a "colonial badge" to its current hexagonal pattern.
In other words, HSBC, which has made a lot of money in Hong Kong, is not subject to the regulation of the Hong Kong Companies Ordinance.
If you are not convinced, you can't do it, your fist is big, and you naturally have the strength to exist in a special form.
And, over the years, HSBC has been robust and reputable, and people have become accustomed to it.
But the problem is that before "Black Monday", HSBC funded various thugs to besiege Qin and Yi, and then became deeply involved in the turmoil of the stock market.
The Hang Seng Index has not yet hit rock bottom, which shows how much wealth has evaporated. At this time, the only people who are in the mood to laugh are probably only those speculators who have dumped the stocks of Heung Kong Electric Light, Dairy Farm International, Mandarin Hotel, Qinhe Infrastructure at a high price.
At present, the most concerned question for Hong Kong people is, how much has HSBC lost in this global stock market crash? Is depositors' money still safe?
But HSBC's attitude is as arrogant and tough as ever - when the time comes, the specific situation will naturally tell you, what is the urgency! As for the security of deposits, isn't this nonsense, it's not an exaggeration to say that all the money in Xiangjiang is stored here in HSBC.
In fact, HSBC is so hard-mouthed, and it also has its own difficulties, if it is directly said that the problems involved tens of billions of Hong Kong dollars, it will definitely stir up a thousand waves with one stone and make itself the center of the whirlpool.
However, there is a limit to the role of HSBC's cover-up. There are so many financial media in Hong Kong, and there are always a few of them that have real materials and can analyze a general result from the public information.
In 1986, Hong Kong's GDP was over HK$300 billion. In contrast, in the battle for Qin and Yi before "Black Monday", the scale of funds that each side claimed to have mobilized was close to HK$1,000. As the engine of the attacker, is it possible for HSBC to just move its mouth and not use its hands?
Especially when a "big depositor" like Yang Shoucheng took the lead in staging a good show of kicking the hall that spread all over Hong Kong, a run on the bank that should have been impossible was inevitably formed. It is beyond the cognition of all the elites of Xiangjiang, and it feels like the sky of Xiangjiang is about to fall.
Under the pressure of hundreds of millions of Hong Kong dollars in deposit loss every day, it is estimated that only the core members of HSBC who understand the dividend can calculate how long HSBC can survive.
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ā¦ā¦ (To be continued.) )