Chapter 117: Be prepared for danger in times of peace
86_86133 There are still many depositors waiting in line to withdraw money in various branches of Hang Seng Bank, in order to give depositors peace of mind as soon as possible, the 52 million Hong Kong dollars in cash that has just been shipped into the headquarters of Hang Seng Bank have left 12 million in the headquarters, and the remaining 40 million have been shipped to the major branches in batches.
After the money was delivered to the branches, the managers of the branches of Hang Seng Bank came forward to tell the depositors who were queuing up to withdraw the money, and the news that Li Hualong, the richest man in Hong Kong, had injected capital to increase his stake in Hang Seng Bank, and that he fully supported Hang Seng Bank.
"If Hang Seng Bank goes bankrupt, then I, Li Hualong, am willing to go bankrupt with Hang Seng Bank."
For many depositors of Hang Seng Bank, this sentence can be described as a sound of heaven.
Some depositors deposited their newly withdrawn money back to Hang Seng Bank and offered to recover the interest they had lost before, but Hang Seng Bank resolutely rejected this request, and if this was opened, other depositors might follow suit, which would not be good for Hang Seng Bank to survive the run crisis.
At around 4:30 p.m., Li Hualong made a phone call to Cha Liangyong, president of Ming Pao Daily, in Ho Shanheng's office, and asked him to write an article reporting the news that he fully supported Hang Seng Bank and was willing to live and die with Hang Seng Bank.
Listening to Li Hualong's words, Zha Liangyong smiled lightly: "Boss, with your support, Hang Seng Bank will definitely be able to survive this run crisis, and even improve the reputation of Hang Seng Bank." It won't be long before depositors are able to deposit more than the all-time record. β
"I hope so." Li Hualong smiled and said, "Tonight, I will have dinner with the senior management of Hang Seng Bank, will you come along?" β
"I'm sorry. Boss, I've got some personal matters tonight. β
"It's fine. Remember the article, and you must see it in the newspaper tomorrow. β
"Don't worry. There will be no problem. β
"Okay, I won't bother you, goodbye!"
In the evening of that day, after the Hang Seng Bank closed its business, more than half an hour later, Li Hualong, Ho Shanheng and other senior executives of Hang Seng Bank went to the Mandarin Oriental Hotel for dinner.
Before leaving the head office of Hang Seng Bank, Li Hualong and others already knew that since Li Hualong made remarks in the business hall of the head office that he was willing to live and die with Hang Seng Bank. Until the closure of business, the counter of the head office only took more than 300,000 Hong Kong dollars. At the same time, more than 200,000 Hong Kong dollars were deposited in Hang Seng Bank, which shows that Li Hualong's remarks have calmed the uneasy mood of depositors.
The next day, Hang Seng Bank's deposits increased somewhat.
In the days that followed, Hang Seng Bank's deposits increased steadily.
On the evening of April 8. Li Hualong did not go home for dinner, but socialized outside.
When Li Hualong returned home by car, it was already more than half past eight in the evening.
Entering the house, Li Hualong saw Li Yisong sitting alone in the living room reading the newspaper.
"Abba, you haven't slept yet." Li Hualong greeted with a smile, "Have something to tell me?" β
"Let's talk to you and come and sit." Li Yisong put down the newspaper in his hand and poured a cup of tea for Li Hualong.
Li Hualong came to his father and sat down. Li Yisong smelled the smell of wine emanating from his body, frowned, and said in a deep voice, "Drink less wine." β
"Didn't drink much. I, a man who drinks a little wine, smells of alcohol in his body. Li Hualong picked up the teacup and took a sip.
"Hang Seng Bank has no problem now, right?"
"The situation is starting to improve, and today the deposit balance is starting to increase."
"Did you anticipate a crisis at Hang Seng Bank?" Li Yisong stared at Li Hualong and asked.
"Hmm!" Li Hualong nodded with a smile and drank the tea in the cup. Explained, "Last year. As I said, many real estate companies in Hong Kong will have problems, and the real estate industry will fall into a downturn, so there will definitely be problems with banks, especially Chinese-funded banks. Unexpectedly, the bank crisis occurred first, which in turn affected the real estate market. In recent years, Chinese banks have developed rapidly, and neither the Hong Kong government nor British banks want to see this situation. Other banks, I don't know, Hang Seng Bank thinks there is no problem, and a large part of the reason for the crisis is that someone is behind the scenes, maliciously seriously hurting the Chinese-funded bank. β
"Listen to what you mean, if you invest in Hang Seng Bank, there is a great potential danger in depositing."
"It's not so mysterious." Li Hualong said with a smile, "Although Hong Kong is now under the control of the British, but the Chinese account for the majority, in the past few years, Hong Kong's Chinese-funded enterprises have developed very rapidly, I am sure that in the future Hong Kong's economic field, the proportion of Chinese capital will continue to increase, and eventually occupy a dominant position." The management of Hang Seng Bank is very powerful, and I believe that without changing the management, Hang Seng Bank will be able to turn evil into good fortune even if it encounters some crises in the process of development. I hope that in the future, Hang Seng Bank will be able to surpass HSBC. β
"Your wish is too ambitious." Li Yisong quipped, "Let others hear, aren't you afraid that others will say that you are unrealistic?" β
"Abba, do you think it is impossible for Hang Seng Bank to surpass HSBC?"
"If you hadn't achieved what you have done now, and you said that, I would have doubted it, and now, if you say these things, I believe you. Compared with Hang Seng Bank, HSBC's strength is much stronger, but I feel that HSBC's top management has arrogance in their bones, unlike Hang Seng Bank, which knows how to be flexible. β
"Heroes see the same thing, that's what I think." Li Hualong said with a smile, "I hope Hang Seng Bank will become stronger and stronger!" β
Li Hualong picked up the teapot, added some tea to his father's teacup, and then poured tea for himself.
After chatting a few words, Li Yisong asked: "How is the land of the Navy Dockyard planned?" β
"There is already a preliminary plan. Negotiations are underway with the government, and if it is cleared, the land can be divided and sold. β
Li Yisong asked with a smile: "Aren't you very optimistic about the appreciation potential of the whole project, and haven't you thought about developing it alone?" β
"I thought about it. But I think it's better for me to find some partners to reduce my risk. I've always felt that money is endless, and when you are not absolutely sure, it is best not to eat alone. β
"Your ideas are mature. Sometimes, a partner will help you to shield yourself from potential crises when you share some interests. Li Yisong paused. He asked, "You wouldn't refuse to cooperate with a British-funded foreign firm, would you?" β
"Of course, I won't refuse, Hong Kong Land Company has a stake in Times Land. Isn't it a pleasure for me to work with Hongkong Land? β
"The Navy Dockyard is divided into twenty plots, and your mind hasn't changed, has it?"
"It hasn't changed."
"How many dollars to buy, how many to keep?"
"Five plots of land for self-use, five plots of land for sale, and ten plots of land for development in cooperation with others. By the way, Abba, are you interested in this project? β
"Now Evergrande is developing big projects. But it's up to you to make the decision. Li Yisong smiled and said, "You can arrange it as you want." β
"There is an old man in the family. If there is a treasure. There are a lot of big things, and I still need you to help me get ideas. Li Hualong said with a hippie smile.
"You, your temperament, I can figure it out. When you see a business opportunity, you will be bold, and at the same time, you will be very cautious and know how to avoid risks. β
"Abba, you're praising me, aren't you?" Li Hualong asked with a smile.
"Sort of." Li Yisong smiled, looked at his son a few times, and asked, "Ah Long, tell me yourself." How have you been where you are in more than a decade? β
"Uh...... That's a big question, and it's hard to answer. Hehe, I need to think about it. Li Hualong smiled brightly.
Li Hualong took a few sips of tea, thought for a while, and slowly replied: "The times create heroes!" In 1949, you supported me strongly, and I was bold. With a bit of luck, I bought a lot of land. I built a house, bought it at a good price, and made a good profit. The real estate industry is easy to say, but it is also difficult to say. More than ten years ago, there were many families in Hong Kong who were richer than us, but they were not bold enough, they were too conservative in business, they had a lot of land in their hands, and they preferred to sell the land directly for profit. And I, seizing the opportunity, made huge profits in the real estate industry, and also gathered a group of talents. Also, the film company I created, to be honest, looking back now, it's a bit incredible, over the years, Huayi Brothers Pictures has been able to make a lot of money every year......"
"Film companies make money, mainly relying on your talent, you write movie scripts into movies, and the profits account for the lion." Li Yisong interjected with a smile, thinking of Li Hualong's talent in writing movie scripts, he was proud of this son.
"Huh!" Li Hualong smiled and continued, "Also, I'm good at dealing with banks. Although I have a stake in Hang Seng Bank, I can still get loans from British banks such as HSBC and Standard Chartered, which is one of my skills. β
"Hmm!" Li Yisong nodded with satisfaction, "What are your plans for the future?" β
"Abba, what do you have to say?" Li Hualong asked rhetorically.
"Since you asked, then I'll tell you what I think. The ancients said that in times of peace, be prepared for danger. Also, as the saying goes, you can't put all your eggs in the same basket. Our family is rich enough now, but the family business is in Hong Kong. If the Chinese Communist Party and the British fall out, and the Chinese Communist Party occupies Hong Kong, then we capitalists will be in danger. My JianyΓ¬ said that a part of the funds should be set aside to invest overseas. β
"Abba, I am a shareholder of Global Shipping, and Shun Tak Shipping is our family's property, so if there is really any problem, it will not be difficult for our family to escape Hong Kong by boat."
"Are you interested in investing in the European and American shopping industry?"
"I'm not really interested." Li Hualong said with a smile, "Although there are various problems in the mainland, I believe that within 32 years, the Chinese Communist Party will not recover Hong Kong." β
"Thirty-two years?" Li Yisong was stunned for a moment, pondered for a while, and remembered that Britain leased the New Territories for 99 years on July 1, 1998, "Do you think that after 32 years, the Chinese Communist Party will recover the New Territories?" β
"It's not just the New Territories, it's the whole of Hong Kong." Li Hualong said affirmatively.
"How can you be so sure?"
"The Qing government ceded Hong Kong Island and Kowloon, lost power and humiliated the country, and at the beginning of the founding of the Chinese Communist Party, the national strength was weak, and if it forcibly recovered Hong Kong, it would definitely have bad relations with Britain and other Western countries, and cut off the door of exchanges, which was not good for the Chinese Communist Party. When the 99-year lease expired, it had been nearly 48 years since the founding of the Chinese Communist Party, nearly half a century, and at that time, the Chinese Communist Party had the strength to take back Hong Kong, and if it only took back the New Territories, it would not be enough to wash away the shame of a hundred years of loss of power and humiliation of the country......"
Li Hualong suddenly realized that he was talking too much, paused for a moment, and continued: "This is just my personal prediction. Abba, don't say these things to anyone else...... This is, the secret between us. β
"I'll keep it a secret, I know it's inconvenient to talk to others." Li Yisong smiled, "If the Governor of Hong Kong knows what you think, he will definitely be surprised, and maybe he will think that you are a bad element." β
Li Hualong smiled noncommittally and said, "Abba, you can relax, I also have the idea of being prepared for danger in times of peace." In the future, I will keep some gold in the bank and at home, and if there is turmoil, we can leave Hong Kong with a large amount of gold by boat in a very short time. β
"I hope to have a few more peaceful days." Li Yisong sighed lightly, "Ah Long, you didn't want to go to T Bay to develop? β
"Didn't think about it. If you want to go to T Bay, you might as well go to the United States. Li Hualong said and yawned, "I'm sleepy, I want to sleep." β
"You go upstairs and sleep." Li Yisong stood up.
"Good night, Abba!" (To be continued).