"It's also a good way to help a lot of people, but it can also alleviate the problem of too much money in our current situation, and when the economy recovers, we can also get more interest, killing three birds with one stone." Huo Jianning also understood after listening to it.

Now the whole of Hong Kong, I'm afraid that Hisense Bank will be troubled because of too much capital, after all, it suddenly made so much money at once, and because of the restrictions of Hong Kong's banking law, it cannot invest in the non-banking industry.

Help for a very small number of people who can't afford to repay the loan is actually for Hisense Bank now,It's a drop in the bucket,But if you give some help to those who are a little difficult because of the economic crisis,That's a lot,And the funds involved are also very large,After all,There must be a lot of people affected by the economic crisis,Even if many people are not unemployed,But it will also be seriously affected,If you have a choice,You can delay the repayment of the loan,Even if you pay a little more in the future is a good choice。

However, how to operate, how long to set up, and how to arrange the interest and principal, then it is necessary to formulate a variety of plans, which is completely a model that everyone can benefit from, and can also benefit tens of thousands or even more people in Hong Kong at the same time.

And the most important thing is,Once this is done,Plus a certain amount of interest concessions for very poor people before, etc.,The good reputation of Hisense Bank will be resounding throughout Hong Kong,It is estimated that the economy will recover in the future,There will be more people coming to Hisense for loan business,After all,No one knows whether there will be another economic crisis in the future,Or whether there will be any financial problems in themselves,Although Hisense may not have such a policy next time,But at least there is hope。

"Then let's settle it that way." Chen Zhiwen said,According to the normal mode of operation,There will be no economic crisis,The annual profit of a bank of Hisense's size in Hong Kong is about hundreds of millions of Hong Kong dollars,This money is less than one-tenth of Hisense's profit this time,He naturally does not need to be the same as other banks,Adopt this most traditional model。

In any case, the future of Hisense Bank will definitely need to go overseas like HSBC, and in Hong Kong, it is equally important to get a good reputation, besides, if you do it a little bigger, there is a threat to HSBC, what will happen? This is not impossible, in fact, in the 60s, the development trend of Hang Seng Bank threatened HSBC, but the business speed was too fast and there was no foundation, and it had to sell HSBC after encountering a serious run.

"Okay, I know what to do, I'll come back to you when I specify all the details of the plan." Huo Jianning said, and at the same time looked at Zhou Jiayang beside him.

"What else?" Chen Zhiwen looked at the two of them and knew that there must be something else.

Huo Jianning said: "Chen Sheng, that's the case, just yesterday, Niu Bijian called me and found that Hongkong Land wanted to borrow another 3 billion Hong Kong dollars from Hisense for the development of Exchange Square. ”

"They will actually find you, it seems that the Jardine Department has reached the point of no return." After listening to this, Chen Zhiwen smiled and said.

Although they took away several big acquisitions of Land, they also tried to increase their debts, such as in the original history, Bao Yugang forcibly acquired Wharf, Jardine saw that Bao Yugang was invincible, so he took the opportunity to cash out the Wharf shares in his hand, this amount may exceed 1 billion Hong Kong dollars, and his own acquisition is not such a good thing, another thing is that Chen Zhiwen led the auction of the land in the Exchange Square in advance, and in the second half of 81 years, the highest land price, the auction price was 7.1 billion Hong Kong dollars, This is nearly HK$2.5 billion more than in the previous history.

And more importantly, in the original history, Hongkong in April 82 to bid to the king, and then go through the procedures to ask the designer to prepare, the Exchange Square has not yet begun to build, the real estate crisis began, then the whole project will be temporarily stopped, but now more than half a year earlier, when the real estate crisis broke out, the foundation of the Exchange Square has been laid, and the initial floors have begun to be built, this situation, can not be stopped? Once stopped, the loss is even greater, not only because of money, but also because of the projects done by a bunch of familiar workers and engineers, once they are disbanded, it will be difficult to find these people in the future.

Besides, since the outbreak of the real estate crisis, Landmark Jardine has been hard-mouthed, and has repeatedly said in public that there is no problem with Land's debts, and even pays stock dividends normally every quarter.

However, the hard support is not sustainable, the Jardine Matheson Department is actually gambling, betting that Hong Kong's problems will be solved soon, betting that Britain can win, betting that the economic crisis will soon pass, but they lost the bet, not only did not wait for what they wanted, but also waited for the Hong Kong dollar exchange rate crisis.

Although he does not know the specific financial data of Hongkong Land, based on the available public data, Chen Zhiwen can surmise that Hongkong Land is about to lose its hold, and even more problems than the original history.

"I discussed it with Zhou Jiayang and agreed with this point of view, Hongkong Land's debt is estimated to be almost at the limit, otherwise, they will not take the initiative to find us, it is impossible for the Jardine Matheson Department not to know, we are their big threat, but in order not to go bankrupt, they can only find us." Huo Jianning said with a smile.

"There is another possibility, that is, Jianing's problem, which has affected Hongkong Land, maybe Hongkong Land could have been able to support it for a while, but Jianing was censored, Chen Songqing was arrested, and Hongkong Land and Jianing had a lot of cooperation before this year." Zhou Jiayang said again.

"It's also possible, I have to say, I still admire Chen Songqing very much, he can create such a big consortium by relying on lies, if he uses it in business, he may not be able to become the top in Hong Kong in the future." Chen Zhiwen shook his head and said.

Chen Songqing's Jianing Group had problems at the beginning of this year, but I don't know what ability it relied on, and actually loaned 250 million Hong Kong dollars from HSBC, which provoked other banks to think that Jianing was okay and lent them some funds.

Originally, maybe it could be supported for a while, but a large overseas bank came to Hong Kong to investigate Jianing, and as a result, the person was exterminated and thrown away, which violated the bottom line, and the Hong Kong government originally only investigated according to the procedure, but it involved murder, and it was the auditor of a large international bank who was killed, and the nature was too bad, under the comprehensive investigation, the problem of Jianing Group surfaced, and the entire group collapsed instantly, and there was no chance to save it, but it was only a virtual consortium, and it had little impact, far less than Hutchison, which was almost bankrupt back then.

But no matter how virtual it is, the market value has been speculated to the level of billions of Hong Kong dollars, and billions of Hong Kong dollars have been loaned from banks in various ways, and these funds are also cooperated with other consortiums to develop some large-scale projects, and as a result, as a result, Jianing collapsed, not only the bank was unlucky, but also a bunch of partners, because the original project suddenly ran out of money, and maybe even the project would be suspended, and the largest partner was naturally Land.

To be the largest fraud group and the largest consortium to deceive, Hongkong Land and HSBC were all played by Chen Songqing in applause.

"We now have 21.7% of the shares in our hands, but because of Yizhi Mutual Control, our shares are far less than those of Jardine Matheson, and it is no problem to continue to acquire, but there are not many outstanding shares, and if we continue, we may be discovered, and then it will be troublesome." Zhou Jiayang said.

"So if we want to acquire Hongkong Land this time, we can't use the previous method, we have to make a ruthless move." Chen Zhiwen nodded and said, Yizhi mutual control, although the debts of the two companies drag each other down, but it is indeed the best way to face foreign enemies, you control 35% of my shares, I control you 35%, and there is the protection of Hong Kong's takeover offer regulations, others are playing fart, how can they do it.

"Then Chen Sheng means to lend them money?" Huo Jianning asked: "But in this case, if they use this money to recover and survive until the end of the economic crisis, won't we be more passive?" ”

"Do you think this money is so easy to take?" Chen Zhiwen smiled and said: "We start from two aspects, first, talk to the people of the Jardine Matheson Department, it is okay to borrow, but either they come up with the corresponding collateral, such as a net value of more than 4 billion Hong Kong dollars, then we can lend them 3 billion, if not, then we need to conduct a financial audit of the entire Jardine Land Group, there is no need for all-round, only for the scale of hundreds of millions of investments and debts, this requirement is not very outrageous, right?" ”

"With the current situation of Hongkong Land and the rumors in the market, we only look at high debt and investment, and it is true that in the past, many of the big international banks have done this." "They can't have HK$4 billion in net value collateral," Huo said. Otherwise, it would have been used earlier, and it would not have come to us. ”

"But in that case, Jardine Land can be faked, and it's not difficult, because it's not a full audit." Zhou Jiayang, as the highest level of Hutchison, naturally knew that even if he was fully audited, as long as the accounts were done well, it would be difficult to find out the problem, and Jianing was a precedent, not to mention this kind of audit that only focused on large amounts of finance.

"That's what I need." Chen Zhiwen smiled and said: "This second thing is to buy off the top management within Hongkong Land, preferably financially, I think you should understand what I mean, right?" ”

"What Chen Sheng means is that let them make false accounts, and then we give loans, and when the loans are used up, we will use ironclad evidence to prove that the audited financial data given to us by Hongkong Land is fake, so that we can reasonably collect debts?" Huo Jianning suddenly understood.

(End of chapter)