On the morning of June 7, Lin Zhichao came to the headquarters of Hang Lung Bank and held a morning meeting with the senior management.

Since the acquisition of Hang Lung Bank by Lin Zhichao, its deposits have skyrocketed, and now it has exceeded HK$10 billion. Of course, this includes the 500 million US dollars deposited by Lin Zhichao, which is less than 4 billion Hong Kong dollars.

But it is still a remarkable achievement, which fully demonstrates Lin Zhichao's personal influence in Hong Kong and the guarantee of credibility.

In less than two years, Lin Zhichao also asked Lin Benfeng to set up a very professional banking team, and did not hesitate to dig up talents everywhere to join, and even the deputy general manager of the credit department of HSBC was dug up by Lin Zhichao, and was almost 'turned face' by the HSBC Taipan.

Although Hang Lung Bank is a medium-sized bank, Lin Zhichao is developing like a large bank, and the salaries of the management are much higher than those of medium-sized banks.

After all, Octopus Financial, the parent company of Hang Lung Bank, includes the five major groups of the Lin family (accounting for 10% each), and the other two shareholders are Harbour Investment and the Lin family office, which can be described as having a strong background.

"This morning, the Hong Kong government issued a statement that Haita Bank was 'unable to repay its debts' and closed for two days. I think that Haituo Bank is already insolvent and is about to be taken over by the Hong Kong government. So, I invite you to come and talk to the Hong Kong government to see if we can take over the Haita Bank! ”

A group of high-level executives were surprised, Lin Benfeng immediately said: "Boss, the situation of Haita Bank is estimated to be very serious, I heard that last night, the Hong Kong government arrested high-level Haita people who wanted to flee Hong Kong at the airport, including the wife of Haituo founder Zhang Mingtian, acting chairman Wu Chanrui, and his son Zhang Chengzhong I estimate that Haitato's losses may be as high as billions of Hong Kong dollars!" ”

Founded in 1956 by Teo Ming Thiam, a wealthy businessman from Malaysia, and invited Hong Kong banker Cao Yao and other Hong Kong businessmen to form the bank, the bank went public in 1972.

In 1976, Heita built a 30-storey head office building in Wan Chai.

By the 70s, there were more than 1,000 employees and assets of nearly 3 billion Hong Kong dollars.

At present, the bank controls Industrial and Commercial Bank of China and Dajie Finance Company, with a total of 43 local branches and 8 overseas branches.

In March 1982, Zhang Mingtian passed away, and Huang Changzan, who was outside the family, took over as chairman, and his son Zhang Chengzhong succeeded him as executive chairman. Soon, Huang Changzan was expelled from the board of directors by the Zhang family, and Wu Chanrui, the wife of Zhang Mingtian, acted as the chairman.

Before Zhang Mingtian's death, the senior management of Haituo Bank made frequent adjustments, which were due to two major reasons: first, there was a problem in operation; The second is to ensure that the Zhang family sits firmly in Haituo.

Now that even the family members are not caught, it is obviously a big loss!

Lin Zhichao said: "Assuming his loss is 3 billion Hong Kong dollars, we only need to inject 2 billion Hong Kong dollars, and the follow-up is nothing more than spending several years to reduce losses." But have you ever thought that once the Hong Kong government takes over and the Hong Kong government injects funds, Haituo Bank may sell 4 billion Hong Kong dollars in the future. That's why, all along, I want Hang Lung Bank, and even Octopus Group, to recruit more elite talents to join us, with the aim of taking over the troubled Chinese-funded banks in Hong Kong. There is no fear of problems, because this kind of problem is generally caused by investment losses and irregular loans, but the existence of the entire bank network allows us to avoid many detours. ”

When you buy a bank, you are not buying its net worth, you are buying its 'potential'. Hightop Bank has 8 overseas branches and 43 local branches, and these networks are needed by Octopus Group.

If the total loss of Hightrust Bank is recovered, and then Hang Lung Bank and Hightop Bank are on the right track, it will be merged to form 'Octopus Bank', which will make Octopus Bank the fifth largest local bank in Hong Kong in one fell swoop, after HSBC, Hang Seng, Standard Chartered and BEA The fifth largest bank by total assets.

Lin Benfeng nodded and said, "The boss's idea is feasible, as long as we have sufficient funds. However, injecting 2 billion is also very dangerous for our assets of more than 10 billion, after all, the amount we lend is very high. ”

Lin Zhichao immediately said: "I personally immediately deposited 500 million US dollars into Hang Lung, and I originally wanted to deposit these funds in my own bank."

Everyone couldn't help but be surprised that the boss was wealthy, and with a cash flow of 500 million US dollars, Hong Kong was afraid that no rich man could afford it.

In the morning, Lin Zhichao came to the office of the Financial Secretary and met Peng Lizhi.

In 1974, he was Chairman of the Board of Swire & Co., and in 1981 he became Hong Kong's Financial Secretary. This situation fully shows that the relationship between the four major foreign banks and the Hong Kong government can be described as 'you have me, I have you'.

Of course, in the face of absolute strength, this kind of collusion between officials and businessmen is not enough in front of Lin Zhichao.

For example, when Lin Zhichao acquired the Wharf Group, the Hong Kong government soon set a 35% comprehensive acquisition line (the original 51%), but in fact, this did not have much impact on Lin Zhichao, because at that time, Lin Zhichao had at least tens of billions of cash flow (gold cash) in his hands, as long as he found the right opportunity (the stock market was sluggish), he could privatize many enterprises, but he was unwilling to do so.

"Director Peng, I came to ask if Haito Bank is about to be taken over by the Hong Kong government?"

Peng Lizhi immediately reacted and said, "Could it be that Mr. Lin is going to take over Haito Bank?" ”

Because of the precedent of Hang Lung Bank, Peng Lizhi immediately understood Lin Zhichao's thoughts.

"The government took over Haita Bank out of fear of causing a ripple effect and causing financial chaos in Hong Kong," Lam said. So I'm wondering if if Hang Lung Bank takes over Haito Bank, it will be more reflective of Hong Kong's free economic model! ”

Peng Lizhi said curiously: "Does Mr. Lin know the situation of Haito Bank?" ”

Lin Zhichao shook his head and said: "We hope that with the assistance of the Hong Kong government, we can check the information, and as long as the loss is acceptable, we can immediately inject 2 billion Hong Kong dollars into it." ”

Peng Lizhi was surprised, 2 billion is not a small amount, to take down a bank that needs to be taken over, I'm afraid that no other businessman has the courage, right?

He immediately asked, "I know that Hang Lung Bank has really developed well in the past two years since it was acquired by Octopus Financial. It's just that I don't want to, because of the matter of Haito Bank, it will affect Hang Lung Bank, after all, 2 billion Hong Kong dollars is not a small number."

Lin Zhichao said: "I have transferred my personal deposits from HSBC and Hang Seng to Hang Lung Bank today, which is almost HK$4 billion. With this financial guarantee, there will be no problems with the problems of Haituo Bank and will not cause financial turmoil in Hong Kong. ”

Peng Lizhi was simply shocked by Lin Zhichao's style, and he was shocked for a while, that is, it was simple and rude.

Of course, he also understands that Lin Zhichao is the richest man in China, and there is no other rich man in Hong Kong who can compare with him, even if several rich people combined, it is not as rich as Lin Zhichao's wealth. However, it is really far underestimated to take out 4 billion Hong Kong dollars in a short period of time and inject it into Hang Lung Bank.

"Yes, I will arrange the Hang Lung Bank team immediately and provide you with your information."

"Okay, then trouble Director Peng!"

"That's what I should do, Mr. Lam is right, the purpose of the Hong Kong government takeover is not to cause financial turmoil, it doesn't really want to run a bank, it's not the job of the Hong Kong government. However, there are many problems with overseas trust banks, and the CBRC will continue to follow up and warn with this case. ”

"No problem, we cooperate safely. What's more, we also want to recover some of our losses! ”

On the same day, the Hang Seng Index plummeted by 87 points, which is a huge decline, which shows the impact of Haita Bank, which is called 'Haita Shock' in the industry.

There are many depositors gathered at the head office and branches of the Overseas Trust Bank, but these gates are closed and there are police patrols, so everyone is anxious.

"It's going to be fine, right? That's the money I've worked so hard to save in my life, but don't do anything! ”

"I heard that I caught a member of the Zhang Mingtian family who wanted to run away with a huge amount of money, these damn miscellaneous people still want to run!"

"If I catch them, I'll kick their heads as balls!"

The Hong Kong government has also sent public officials to persuade them, but it is difficult to immediately dispel everyone's worries. It wasn't until the afternoon that a news came out that everyone was in a sensation.

"The latest news, Mr. Lin Zhichao's Hang Lung Bank, wants to take over the Overseas Trust Bank, and Mr. Lin Zhichao has held talks with the Financial Secretary in the morning."

"Really? If there is a guarantee from Mr. Lin Zhichao, there will be no problem with my deposit! ”

Someone asked: "Isn't Hang Lung Bank smaller, smaller than Haito Bank?" ”

Someone immediately replied: "That's an old account, since Hang Lung Bank was taken over by Mr. Lin Zhichao, the deposit has more than doubled in a year." What's more, behind Hang Lung Bank is Octopus Financial Group, and the shareholders of this group are Cheung Kong Group, Global Group, Wharf Group, Media Group, Cheung Kong Industry Group, and Lin Zhichao's personal shareholding enterprises. ”

Suddenly, he asked, and said: "Isn't this all Lin Zhichao's company!" ”

Someone said: "Now it is the Lin Five Tigers who are taking over these enterprises, and I am afraid that Mr. Lin Zhichao will be in charge of the Octopus Financial Group." ”

Most people were relieved to learn that Hang Lung Bank might take over the Overseas Trust Bank.

To put it simply, in the eyes of Hong Kong citizens, Lin Zhichao's wealth is the sum of several other super-rich people in Hong Kong, because Lin Zhichao is the overlord in the fields of shipping, real estate, industry, media, hotels, and clothing.

At 8 o'clock in the evening of the same day, Lin Zhichao led the senior management of Hang Lung Bank, and officials of the Hong Kong government headed by Financial Secretary Pang Lizhi, as well as financial experts, to hold a press conference.

At the press conference.

Mr. Philip Lam, President of Hang Lung Bank, announced that Hang Lung Bank's HK$2 billion injection into the Overseas Trust Bank will ensure the safety of each depositor's funds and take over the Overseas Trust Bank.

The preliminary investigation was that Zhang Mingtian listened to his friend Ye Zhuanglin and used the 'cheque wheel', which later led to the 'cheque wheel' getting bigger and bigger, and the preliminary statistics have caused a loss of 90 million US dollars; in addition, there is also a book loss of more than 2 billion yuan in overseas trust investment, with a total loss of 28 million.

As soon as the words fell, there was a noisy sound at the scene.

At its peak, overseas trust banks had deposits of up to 30 billion yuan and assets worth up to 12 billion yuan; However, since 1981, these figures have been declining, and overseas trusts have also sold Chinese Bank and had the opportunity to buy the Industrial and Commercial Bank of China.

It is precisely because many people know that overseas trust banks are no longer good, so the deposits are also in a large introduction, and the total deposits are currently more than 12 billion Hong Kong dollars, and the total assets are also depreciating wildly.

Because the overseas trust is a listed company, it has caused such a big loss, Zhang Mingtian's family and the board of directors have falsified accounts, and Zhang Mingtian's family and the board of directors have lost social relations after Zhang Mingtian's death, so if they don't accept it, they will only go bankrupt.

Soon, reporters asked Lin Zhichao questions, because he has always been the protagonist's life!

Reporter: "Mr. Lin, has Hang Lung Bank's injection of HK$2 billion into overseas trusts affected itself?" ”

Lin Zhichao: "No! Since Hang Lung Bank is not listed for the time being, the responsibility of Hang Lung Bank is my responsibility, so please rest assured about this. ”

The implication is that a hegemon who spans so many industries will be short of money?

Everyone smiled, of course everyone believes this, even the citizens also believe in the credibility of the 'God of Wealth'!

Reporter: "Hang Lung Bank spent a huge amount of 2 billion Hong Kong dollars into overseas trusts, is it worth it for such a bank with huge losses?" ”

Lin Zhichao said: "It's worth it! From an investment point of view, under the professional management team, it only takes about 5~6 years to earn back the losses, and we get a huge network of banks. ”

Subsequently, Peng Lizhi also praised Lin Zhichao's successive takeover of two troubled banks, and he believed that it effectively curbed the imminent domino effect and did not cause a catastrophe. At the same time, it has also reduced the financial expenditure of the Hong Kong government.

The next day, the Hong Kong media rushed to report on the incident, and depositors of overseas trust banks breathed a sigh of relief.

Lin Zhichao's credibility and the takeover of Hang Lung Bank, coupled with the Hong Kong government's supervision and investigation, made the overseas trust bank suddenly stable. Although a small number of people will choose to withdraw their funds, the overall situation will not be affected.

On the same day, Hang Lung Bank dispatched a team to the Overseas Trust Bank, and the Hong Kong government also sent financial experts to cooperate in stabilizing and investigating the Overseas Trust Bank.

The injection of HK$2 billion by Hang Lung Bank does not cancel the listing status of the Overseas Trust Bank, and after the injection, Hang Lung Bank will account for 80% of the equity of the Overseas Trust Bank and will still maintain its listing status.

Although the shares of minority shareholders are diluted, at least they will not go unpaid.

It is impossible for Hang Lung Bank to get 100% overseas trust, because it is a listed company, and even the Hong Kong government has injected funds here in exchange for most of the equity, not all of the equity.

The interests of shareholders and depositors also need to be guaranteed. (End of chapter)