After the Spring Festival, affected by the 'Mingde Bank Run' (the court has approved the bankruptcy application), the bank run began to spread, and the second one to suffer was Yuedong Trust Commercial Bank.

At the beginning, there was a run on the Aberdeen branch of Yuedong Trust and Commercial Bank, with more than 1,000 people, most of them fishermen, waiting to withdraw money, and the run lasted from 2 p.m. to 9 p.m.

Subsequently, the run quickly spread to banks such as Hang Seng, Guang'an, Dao Heng, and Wing Lung; Traffic jams in the central district were so severe that the police had to be called in to maintain order. Even after the bank's opening hours, the queue for withdrawals refused to disperse.

However, this round of run was put out by the Hong Kong government, HSBC and Standard Chartered a week later, and no more banks fell.

However, the market calm is only temporary.

Although the run subsided briefly, Hang Seng was widely regarded as one of the irresponsible newspapers that ran news that was detrimental to unnamed local banks. There are still many baseless rumours and malicious attacks on Hang Seng Bank.

Because of this, some large customers have quietly canceled their accounts one after another.

In mid-March, Cheung Kong Industrial.

The assistant knocked on the door and reported: "Boss, Mr. Ho Sin Heng, Chairman of the Board of Directors of Hang Seng Bank, is here!" ”

Lin Zhichao got up and said, "Please!" ”

Afterwards, Lin Zhichao saw He Shanheng walk in a little tired, and saw Lin Zhichao smile again.

"Sir Lin, excuse me!"

"Good guy, what are you talking about, I welcome you to come to me!"

Subsequently, Lin Zhichao invited He Shanheng to sit on the sofa and drink tea with him.

"The good guy is here this time, but what do you need help with?" Lin Zhichao took the initiative to ask.

He is not afraid of trouble, after all, he is a very frank person, and he will help as much as he can.

If you can't help to the end, he won't hold on!

He wants to have a clear conscience!

He Shanheng put down the teacup and said: "Sir Lin, don't you have a fixed deposit of 50 million Hong Kong dollars in our Hang Seng Bank, and now it is due, I want to ask you what you mean!" ”

What is the concept of a large customer with a deposit of 50 million, the total deposit of Hang Seng Bank is only 750 million Hong Kong dollars, and the loan released is about 500 million Hong Kong dollars.

Lin Zhichao leaned on the sofa and said in a relaxed and trusting tone: "I know that Hang Seng Bank has been affected by rumors, and it has been more or less affected at this time. However, I believe in Hang Seng Bank very much, so I don't have the idea of withdrawing, and it is okay to switch to a fixed term. ”

He Shanheng suddenly breathed a sigh of relief, and recently some big customers have quietly closed their accounts, which made him very nervous. Now it is a very good thing to keep Lin Zhichao, a big customer.

"Sir Lin is right, we have absolutely no problem with Hang Seng Bank, which can ensure the safety of depositors' funds!"

Lin Zhichao smiled, then suddenly sat up straight, and said seriously: "Good guy, I have been dealing with your Hang Seng Bank for many years, and I don't know if I can say some things in person?" ”

At this time, Lin Zhichao had two souls in his heart, one was a businessman and the other was Chinese. The soul of a businessman attaches importance to its own interests, and the soul of a Chinese attaches importance to the nation and compatriots.

So he struggled for a while and decided to see if he could save the Hang Seng Silver.

In fact, these could not be HSBC's conspiracy, and the reason couldn't be simpler:

First, although Hang Seng Bank has become HSBC's biggest competitor, the people and media who walk those rumors are all Chinese and Chinese newspapers;

Second, and generally bank failures are taken over by the Hong Kong government, and eventually the court declares bankruptcy; Even if you don't take this step, Hang Seng Bank can turn to IWC, not necessarily HSBC; Since everything is uncertain, it is natural that HSBC will not be able to play such a big game of chess.

Third, if Hang Seng Bank goes bankrupt, the next one may affect HSBC, which is why HSBC was willing to bail out Hang Seng Bank in the past.

Fourth, things have developed to this day, and it is absolutely not a conspiracy of a certain person or group that can be carried out. Even if it is, it is the fault of these Chinese-funded banks and real estate developers that they do not care about the interests of ordinary citizens at all, and in the end it is the depositors who suffer the most.

He Shanheng naturally didn't dare to underestimate Lin Zhichao, in terms of social status and business achievements, this one was higher than him.

So, he said seriously: "But please advise, I believe in good words!" ”

Lin Zhichao nodded and said: "I'm afraid that the Chinese-funded banks in Hong Kong will be in trouble this time, and I don't know how many will fall!" ”

He Shanheng's heart was shocked, and he hurriedly said: "Lin Sheng, please continue to advise!" ”

He knew that everyone would be very troublesome, but he didn't expect Lin Zhichao to say it so seriously!

Lin Zhichao nodded and said, "Now the two industries of real estate and banking have entered a vicious circle. In recent years, all banks that have lent too much to real estate have faced a dilemma, that is, there is a shortage of cash, and the media and rumors outside are not endless, and once it breaks out, the run will happen again. Just ask, can your Hang Seng Bank suffer a three-day run? ”

It's very straightforward, the cash is exhausted in a day, after all, many people have already closed their accounts in front of it.

He Shanheng's heart was very complicated, he couldn't believe that that kind of thing happened, but now it is possible for that kind of thing to happen.

He said, "Then why does Lin Sheng still believe in Hang Seng Bank? ”

He thinks that Lin Zhichao is a little contradictory, since he is not optimistic about Hang Seng Bank, why do he still put funds in Hang Seng Bank.

Lin Zhichao said: "First, I am not a person who falls into the ground; Second, Hang Seng Bank is a very good asset, no matter how bad the situation is, there are people who are willing to ask for it, and someone wants it, which means that someone is responsible. ”

He Shanheng's heart suddenly felt like a knife, and he couldn't help but say angrily: "Lin Sheng, don't you still want to fight the idea of Hang Seng Bank?" ”

If it weren't for his long-time friend in front of him, and Sir Lam from Hong Kong, he would have thrown his sleeves away.

Lin Zhichao shook his head and said: "I am far from that strength, I have a lot of debt, and I am the largest lender of HSBC, how can I covet the giant Hang Seng and the largest bank in China." ”

He Shanheng was stunned for a moment, and then understood what Lin Zhichao meant. In Hong Kong, the only ones who can eat Hang Seng Bank are HSBC, Standard Chartered, and Wanguo Baotong.

Standard Chartered's strength is slightly insufficient, and GIC is American-funded, and HSBC can't be done in Hong Kong.

After a long time, He Shanheng said: "Can Lin Sheng give me some advice, how to avoid trouble?" ”

Lin Zhichao shook his head and said, "I'm just guessing, there is no way to crack it." Moreover, things have not developed to that extent, maybe I am unfounded! ”

He said this to see if He Shanheng and others could take precautions and fight to the death at this last moment to turn the situation around. But the method is not what he can imagine, and he is not a professional banker.

He Shanheng immediately said: "Then Lin Sheng can borrow some funds, you know, our Hang Seng Bank itself has no problem, and we will definitely be able to pay it back." ”

After thinking about it, Lin Zhichao said: "I have a large deposit at the Bank of East Asia, which is also due!" I remember that the Bank of East Asia had a very high loan-to-deposit ratio, and I specifically explained that I was going to invest that money in Singapore. Now that this kind of thing is happening, I can discuss with the Bank of East Asia and see if I can get the Bank of East Asia to come up with 350,000,000 and I will deposit it into your account. Also, I don't mind if you spread the word that I support Hang Seng Bank. Of course, don't just call me by name! ”

Anyway, HSBC didn't say hello to Lin Zhichao, so he could naturally help more.

He Shanheng was overjoyed, and then said: "Thank you so much Sir Lin!" ”

Lin Zhichao's deposit with the Bank of East Asia is HK$100 million, and he deliberately let it mature at the end of last year, but did not transfer it to a fixed term; At the same time, he also reminded Kan Yueqiang (Chairman of the Board) and Fung Bingfen (General Manager) that they may need to spend at any time, so that they can prepare sufficient cash flow in Hong Kong dollars.

In this way, BEA will not release the money, after all, there is no transfer to the fixed term, and there is no interest required.

After doing this, if Hang Seng Bank still did not escape, Lin Zhichao would be regarded as benevolent.

The next day, Lin Zhichao came to the Bank of East Asia, where Jian Yueqiang and Feng Bingfen seemed to know something and met him together.

Lin Zhichao first praised it: "Jian Lao's approach back then, now everyone knows how wise it is. In this wave of bank runs, BEA has not moved like a mountain, which can be regarded as a positive teaching material for Chinese-funded banks. ”

The Bank of East Asia also suffered a run on money in the thirties, so it has always been cautious in lending money. When Jian Dongpu was in office, the bank's loan-to-deposit ratio was always above 40%, which was similar to that of HSBC and Standard Chartered Bank. At this point, the Chinese banks have not been able to do it.

In fact, the Hong Kong government's loan-to-deposit ratio for banks is 25%, while the loan-to-deposit ratio of Hang Seng Bank is 30%, which is also higher than the Hong Kong government's limit. But it is clear that the Hong Kong government's 'free economic idea' seems to be more harmful to Chinese investment.

Of course, it is also understandable that labor pains are inevitable, otherwise these Chinese-funded banks will always regard depositors' money as their own; Indirectly, Hong Kong citizens have become more and more trusting of HSBC, which eventually led to almost all deposits flowing into HSBC.

Jian Yueqiang said: "Sir Lin has won the award! To tell the truth, we are now walking on thin ice, although our deposits and loans are relatively high, but there is no reason to talk about this kind of thing. ”

Feng Bingfen also hurriedly said: "Sir Lin has cooperated with our Bank of East Asia for more than ten years, and he and my father-in-law have also been friends in previous years, so I know the style and reputation of our Bank of East Asia. Therefore, please be sure to rest assured that the funds are safe. ”

Lin Zhichao was a little surprised in his heart, and then he said: "My 100 million deposit is in the Bank of East Asia, and I am naturally very relieved." However, I also told you last year that I may need cash this year, and you must have prepared it! ”

Jian Yueqiang immediately said: "We are indeed ready!" I just want to intercede with Sir Lin, you also know that this is an extraordinary time, and everyone in the bank is at risk; Although the Bank of East Asia has a loan-to-deposit ratio of more than 40%, it still hopes that Mr. Lin will not withdraw funds if he is not in a hurry. Of course, this is just advice, and we're definitely ready for cash flow! ”

Taking out 100 million yuan at once was originally prepared, but now that the situation outside has changed, they are also worried about the impact on the Bank of East Asia. What about the more than 40% deposit-to-loan ratio, once there is a run, it is 60% of the deposit-to-loan ratio, which may not be able to bear it.

Therefore, Jian Yueqiang and Feng Bingfen made up their minds to let Lin Zhichao take care of it.

In fact, they all know that Lin Zhichao is very rich, and it is impossible for him to have a deposit at the Bank of East Asia. After all, many of the capital transactions of the Yangtze River Industrial Group are handed over to them to handle.

Lin Zhichao hesitated for a moment and said: "Actually, the reason why I plan to withdraw some funds is because I plan to deposit them in Hang Seng Bank. As you know, Hang Seng Bank is in the worst situation. Since He Sheng asked me for help, it was impossible for me not to help. In this way, I plan to transfer 50 million Hong Kong dollars to Hang Seng Bank. ”

Jian Yueqiang and Feng Bingfen were a little surprised, very surprised!

"Isn't Sir Lin going to use money?"

"Originally, I was going to speculate in U.S. stocks, but since my friend is in trouble, I will help first! The remaining 50 million from the Bank of East Asia, I will not use it for the time being. ”

To be able to do this is already to show the style of a 'Hong Kong Chinese leader'.

It's just that I didn't expect that Jian Yueqiang and Feng Bingfen glanced at each other, and then Jian Yueqiang said: "Sir Lin, is 30 million feasible?" ”

Lin Zhichao was stunned, he is really a dead friend who is not a poor man, these Chinese are really not united enough.

Feng Bingfen hurriedly explained: "We definitely have no problem with our funds, but in the current situation, we are also afraid of getting caught on fire." Sir Lam has worked with us at the Bank of East Asia for so long and has a close relationship, so I said."

This is a moral kidnapping, if Jian Dongpu is here, Lin Zhichao will not say a word, and he will have to help.

But now, they obviously don't have enough face.

However, Lin Zhichao still said: "In this way, the 50 million funds will remain unchanged, but if the Bank of East Asia really has something, I can promise that I will definitely stand up and support you, and some funds can be raised." How is it? ”

Seeing this, Jian Yueqiang immediately said happily: "No problem, thank you Sir Lin for taking care of you!" ”

Although outsiders don't know how much money Lin Zhichao has, the support of Hong Kong Chinese leaders is still very valuable!

What's more, Jian Yueqiang thinks that maybe Lin Zhichao can still raise funds.

After all, the Bank of East Asia has been managing the flow of funds for Cheung Kong Industry for so many years, and although he doesn't know the profit margin, he also knows that Lin Zhichao's wealth is more than that.

Lin Zhichao's wealth must be complete for no one to know, after all, what is the profit margin, has it been misappropriated to the 'big hole' of global shipping, not to mention that none of these companies are listed, how can anyone know that he has a lot of cash flow.

Take Cheung Kong as an example, although it has made a lot of money over the years, in the eyes of others, they also think that investing in a lot of commercial real estate and land must not have much cash, and even a lot of loans.

Lin Zhichao finally decided to give another 50 million to Hang Seng Bank, which adds up to 100 million funds. I wonder if I can really help Hang Seng Bank?

However, Lin Zhichao did not report much hope, after all, the loan of 500 million yuan could not be recovered for a while. Even if it's a squeeze

In late March, there were still unfavorable rumors about Chinese banks in the market; But at the same time, there are also some voices - the Chinese tycoon Sir Lin supported Hang Seng Bank, not only did not close the account, but deposited a huge amount of money again to stabilize Hang Seng Bank.

These messages were deliberately disseminated, and it is not known whether they are true or false.

This kind of thing, you don't need to get involved too deeply!

On this weekend, Lin Zhichao received an invitation from Sandash to play at Fanling Golf Course together.

Lin Zhichao suddenly felt that HSBC seemed to be planning to take advantage of this opportunity to do something. It may not have been the Chinese-funded bank run crisis that they detonated, but they definitely thought about taking advantage of the fire to rob it.

It may seem to them that even if Hang Seng Bank fails, they will have one less competitor; If it can be acquired, it will be excellent.

Sure enough, after Sandas finished a shot, he said tentatively: "What does Sir Lin think about the recent run on Chinese-funded banks?" ”

Lin Zhichao said while aiming: "Among the Chinese-funded banks, I only trust the Bank of East Asia and Hang Seng Bank, so I only have business dealings with them. Overall, both banks are very healthy, so I'm not too worried. ”

After listening to this, Sandas thought to himself that according to the senior secretary of their HSBC bank, Lin Zhichao's wealth must be very huge. Even if part of the funds are invested in shipping and commercial real estate developers, there will be no problem with spending two or three billion Hong Kong dollars.

After all, Cheung Kong Industrial Group must be a very profitable enterprise, and even Cheung Kong Industrial's real estate has also made a lot of gains.

"Lin Sheng, you can be regarded as friends with each other, right?"

When Lin Zhichao saw Sang Dashi's expression, he knew that things were not simple. The relationship between the two is indeed very good, after all, it also involves private things such as gifts, and it is not a simple cooperative relationship.

"It's nature! What can Chairman Sandas say directly, our relationship is really good friends, and I have been very happy with HSBC for all these years. ”

Sandas nodded and said, "Okay, I'll just talk about it!" If there is a run on Hang Seng Bank, will Lin Sheng do his best to save them? After speaking, he looked at Lin Zhichao seriously.

"Hang Seng Bank has a loan of 500 million, once there is a run, what can I do to save them! I can take out tens of millions, and I can't do more anymore, and our relationship has not reached that point, so I exhausted my family wealth to save it. What's more, if Hang Seng Bank really needs to be rescued, I believe that only HSBC can do it, and the most important thing is to guarantee reputation. ”

Sandas smiled, he didn't need to talk too much, but he had already gotten the answer he wanted from Lin Zhichao.

Indeed, if tens of millions of Hong Kong dollars can save Hang Seng Bank, it will not be HSBC's turn; If it is hundreds of millions, this one may not be able to take it; What's more, once Hang Seng Bank is run, it will no longer be HSBC's biggest competitor, after all, its credibility will be damaged.

At this time, the HSBC executives also thought that the credibility of Hang Seng Bank would be damaged, and even the collapse would be beneficial to HSBC, after all, there would be one less competitor.

Sandas was still a little uneasy, and said bluntly again: "Lin Sheng, in business, Hang Seng Bank is our HSBC competitor, and I still don't want you to do your best to save a 'not healthy enough' bank." My guess is that you should be strong. ”

In order to be sure, he decided to confess as a friend.

Lin Zhichao pondered, and then he also said: "Actually, if I do my best to help Hang Seng Bank, I can also buy it." But the consequence of this is that when I become a banker, I will inevitably compete with HSBC, and the shipping industry will have a great impact at that time, and it will definitely not be cost-effective. I know that if Hang Seng Bank turns to HSBC, you will definitely be able to swallow them. In this way, HSBC will have no rival in Hong Kong. ”

Sandas was stunned for a moment, because he found that Lin Zhichao was very confident, and soon he thought that Lin Zhichao might have a cash flow of three or four billion Hong Kong dollars, after all, Cheung Kong Industry and Cheung Kong Industrial are so profitable. Even if it is 200 million Hong Kong dollars, it may be able to save Hang Seng Bank, because as long as the strength is displayed, many fixed depositors will also dispel their doubts.

"Lin Sheng said this, do you want to get some promise from our HSBC bank?"

Lin Zhichao smiled: "There is no commitment, I just hope you remember that in order to cooperate with HSBC, I gave up the best opportunity to enter the banking industry." So, please take care of me in the future! ”

It's not interesting to say it, and Lin Zhichao's acquisition of a British-funded foreign bank doesn't count on HSBC, he prefers to rely on himself.

"No problem! We have a great time working together! ”

The two sides reached a tacit understanding.

Although Lin Zhichao deposited 50 million in Hang Seng Bank last week, after all, it was a previous matter, and after the acquisition of HSBC, he would not say anything when he audited the accounts, which proved that Lin Zhichao was strong sooner.

He exchanged interests with HSBC, but in fact, he didn't say anything, and he didn't have the idea of having the right to save Hang Seng Bank.

The two sides are also verbal transactions, and they will not let people get any handles!

Let's just go according to normal!

(End of chapter)