425 bailouts
"Now the silver number is not worth eight million at all, once the acquirer knows, the asset price will also be greatly discounted, borrowing usury money, and will not be settled because of bankruptcy, who can afford it? The only way is to find the Chamber of Commerce to lend two million to deal with tonight. ”
Although the money of the Chamber of Commerce also requires interest, it is only two cents more expensive than the bank interest.
Zhou Weimin hurriedly stood up and said, "You guys hold on to Qianzhuang first, and I'll drive to the Chamber of Commerce to find Chairman He now." ”
This year, the Guangdong Provincial Joint Chamber of Commerce is about to take the turn of the boss of Hang Seng Bank, Ho Sin Heng, as the rotating chairman.
The next day.
Morning.
He Dingxian had just gotten up, washed up, and sat at the dining table for breakfast. Chu Yunnan put a newspaper on the table, sat down and said: "Yesterday evening, the Mingde Silver was hit by a run, and it was exchanged for five million Hong Kong dollars in 16 hours. ”
"This morning, I couldn't afford to pay the HK$1.3 million, and now the Mingde Silver has been surrounded by more than 1,000 depositors."
He Dingxian took over the business newspaper, and there was only news of the stock price falling in the morning market, and there was no news about the bankruptcy of Mingde Bank, and it seemed that public opinion was still under control.
"What's the trouble with this little silver horn?" He spoke indifferently and ate bread: "I remember that it is also a registered company of the Guangdong Chamber of Commerce, didn't Chairman He take a hand?" ”
"Hang Seng Bank urgently transferred 2.5 million yuan to Mingde Bank, and it was redeemed in one night." Chu Yunnan said: "Zhou Weimin, the boss of the silver number, has already planned to apply for bankruptcy to the court and liquidate his assets, and he has no courage to borrow money anymore. ”
Find the Chamber of Commerce to borrow money, and after bankruptcy, the Chamber of Commerce will not rush.
The tent is still hanging.
If the bankrupt boss has the ability to make a comeback, he can re-enter the chamber of commerce after paying the arrears.
There is a way back.
In fact, Zhou Weimin could have gambled with his family's life and went to Haojiang to find Gao Kening, but if he didn't survive the crisis, all his family would have to jump into the sea. Otherwise, the women will be pulled and sold, and the men will be coolies, and there will be no peace day and night.
It seems that Zhou Weimin still cares about the lives of his family.
"It's all young people who don't want to do business, Boss Zhou has been running a silver account for more than 30 years, he is in his fifties, and his grandchildren are about to graduate from college."
"This time, I sold a few buildings and returned the money from the Chamber of Commerce, how should I live, and how can I live."
He Dingxian was very clear about Mingde's boss's plan: "In the end, it became insolvent, and the losses were borne by depositors. ”
"From squeezing to bankruptcy, it only took 24 hours, and there must be someone behind the scenes."
Chu Yunnan nodded: "It's Wharf." ”
"Wharf first forbade shippers to settle rents by cheques, and then spread the news that the Matilda Silver was losing money. Although Mingde Silver does have a floating loss, it can hold out for another two years if it does not encounter a run. ”
"The property market can't continue to fall."
He Dingxian frowned: "I persuaded them to raise less real estate firewood, no one listened, and they all began to chase up, at least two-thirds of the cash in the Chinese-funded banking industry was invested in the real estate industry, how did the property market rise?" ”
"They chased it with money."
Although the stimulus measures such as pre-sale projects, installments, and public pools have not yet come out, all the hot money has poured into the real estate, and the wealthy class has first supported a wave of plates, and then those stimulus measures are not to stimulate the rich guys to buy houses, but to squeeze the citizens at the bottom and let the citizens buy houses.
Therefore, there is indeed potential in the real estate industry now.
However, the crisis in the financial industry was the first to break out, and as soon as the Chinese-funded finance on Hong Kong Island fell, a large number of Chinese-funded factories and companies would be severely harvested, and the assets that were taken away would be directly borne by the depositors, involving two million Chinese in all aspects.
"It's not so easy to stop."
Ho Ting-yin was a little uneasy, although he did not know that there had been a run on the banking industry on Hong Kong Island, but he knew that there was a stock market crash on Hong Kong Island in the 60s. The stock market crash led to the suspension of trading of more than 100 Chinese-funded listed companies, hundreds of bankruptcies of various shops and enterprises, and a sharp drop in the property market.
Hang Seng Bank, the best bank in China, was forced to sell 51% of its shares, was bought by HSBC and became a subsidiary of HSBC.
The ghost man controlled the financial industry for a long time until the eighties and nineties, and only after the return did he become a little weaker.
Combined with the 67 storms in history and the clean government storm, from the mid-60s to the early 70s, it was really a period of many disasters and difficulties, and disasters did not go alone. As a politician, it is impossible for him to look at an event alone, but to connect a series of events and think about it carefully.
He had to admit that these years were crucial years for the British-funded foreign firm to continue its life, and if, as in history, the British-funded foreign firm had won, the Chinese would have been ecstatic to acquire a foreign firm in the eighties and nineties. As everyone knows, British capital is still the most profitable investor on Hong Kong Island.
If we can change history and defeat the British-funded foreign companies, then in the mid-80s, it is very likely that the Chinese capital will develop into a strong side, occupy a dominant position, influence the Hong Kong government's policies and legislation, and let the British capital eat leftovers.
And this squeeze does not require any prophetic ability, as the chairman of the Oriental Bank and the permanent director of the Guangdong Chamber of Commerce. If it can't be seen to be related to stocks and bonds, ten years on Hong Kong Island will be in vain.
The head can't just grow in the previous life.
You have to grow your head in this life!
"This time the matter is not simple, you immediately contact Lao Dou to talk to his uncles, and prepare to make a little rescue of the market. We will take a leave of absence from the Force and drive to the Chamber of Commerce to ask everyone to sit down and chat, so that everyone can work together to tide over the difficulties. ”
"Tell Qiu Degen to come to the Chamber of Commerce to find me."
He Dingxian wiped his mouth with a towel, stood up and said, "If the ghost guy wants to cut our flesh, I have to make him break two teeth and repay the blood debt." ”
"You can go with confidence."
"I'll take care of it over there." Chu Yunnan cleaned up the plates, her demeanor was gentle and calm.
He Dingxian put on his tie, walked out of the house, and left in the car with a few bodyguards.
"Go to Ruihetang."
His tone was hurried, but he was not in the slightest fluster, because he had an Oriental Bank under his command, and the savings pool had exceeded one billion five years ago, and the vault was full of hard currencies such as Hong Kong dollars, British pounds, US dollars, and gold. The investment projects are also relatively diversified, including real estate, shipping, ferries, electrical appliances and so on.
Every industry is making money, and he is not afraid of the upcoming run, and to be honest, he doesn't know how much money he has in his bank! Can the opponent know? Is it accurate?
Moreover, he established the Guangdong Provincial Joint Chamber of Commerce, which has a large-scale recognized organization that can concentrate on big things, and the conditions are much better than those of the Chinese capital in history. He is not unlicensed to play, so naturally he will not panic. In my heart, I felt more hatred and hatred for the plundering of the colonists.
Of course, once stocks and bonds occur, the value of his assets will also shrink significantly. The strength of Chinese capital has deteriorated, the size of the Guangdong Chamber of Commerce has been reduced, and the middle and low-level small bosses are in debt and complaining, which is also very unfavorable to his future development.
"When enjoying the majesty of the Hong Kong paper in the left hand and the police gun in the right hand, I also have to shoulder the affairs of the business world and the troubles of the police world." He Dingxian knew that he would not be idle in the next few years, and he felt that things were a little tricky, but he couldn't help it, and he should be responsible if he enjoyed his rights.
"Lao Tzu has carried it all!"
Half an hour later.
He Shanheng, Li Guanchun, Zheng Yutong, Chen Lanfang, Feng Jinxi, Huo Guantai, Xu Shifen, a total of seven directors of the Chamber of Commerce received a phone call, put down what they were doing and rushed to the hall.
Among them, in addition to Li Guanchun, Zheng Yutong, Chen Lanfang, and Feng Jinxi as permanent directors, Huo Guantai, Xu Shifen, and He Shanheng are all non-permanent directors.
Huo Guantai served as a non-permanent director for the second time, and He Shanheng was also elected as the rotating chairman as a non-permanent director.
In the Guangdong Provincial Chamber of Commerce, the non-permanent directors and the rotating chairman are re-elected every two years, and the change is very fast. It has given a lot of big bosses and new members the opportunity to serve. For example, Xu Shifen, as the second son of Mr. Xu Aizhou, has just been in charge of the family business for less than two years, and he has already had the opportunity to sit on the council.
This has undoubtedly greatly increased the vitality of the Guangdong Provincial Chamber of Commerce, so that the Chamber of Commerce will not be lifeless and become a group of big bosses seeking personal gains.
In the past two years, He Shanheng has done a really good job as the rotating chairman of the Chamber of Commerce, and it can be said that the rotation system has been recognized by more than 7,000 members. The power of the permanent members has also increased accordingly, and the voice of the permanent members is no weaker than that of the rotating chair in internal discussions.
At this time, He Dingxian sat at a round table in the middle hall and handed the brewed tea to the directors present.
"Mr. Xu."
"Good work." He saw that Xu Shifen still had sweat on his forehead, and he looked in a hurry, and he deliberately expressed condolences.
Xu Shifen shook his head: "Thank you He Changli for the tea." ”
"I called you here today, in fact, because Mingde Bank encountered a run on the storm and filed for bankruptcy with the court." He Dingxian looked at the people sitting down, and said loudly: "Simply do internal communication first, discuss and reach a consensus, which can be used as the next implementation policy." ”
"Ah Xian."
"What do you mean is that the crowding trend won't stop?" Huo Guantai did not operate the bank, but he was very vigilant, He Dingxian said bluntly: "The bankruptcy of Mingde Bank is not an accident! ”
"Some people see that Chinese banks are blindly chasing the property market and want to take advantage of the real estate correction period to launch a financial robbery."
As the boss of the Bank of East Asia, Li Guanchun immediately frowned and said: "This method of creating a run and trampling on the bank is a common method used by foreign banks. ”
He Shanheng said: "I urgently transferred the money to Mingde Silver yesterday, but Mingde still didn't hold on, the run trend is like a domino, the first one falls, and then there is a series of runs." ”
He Dingxian nodded: "Chairman He, Feng Changli, Li Changli, you are all predators in the financial industry, you should have seen the methods of foreign banks in Shanghai, and the four of us can sit here and decide on the plan of the three largest Chinese-funded banks on Hong Kong Island." ”
"Save the city!"
"How can I save it?"
He Shanheng, Li Guanchun, and Feng Jinxi all fell silent.
"Mr. Ho."
"Do you have to start saving now?"
Feng Jinxi asked out loud.
(End of chapter)