The wave of runs on Hang Lung Bank was caused by the run on Xie Liyuan Gold Shop.

Two days have passed, and Xie Liyuan Gold Shop has chosen to lie down and forget about it. Anyway, there is only a small amount of money in the company's account, so they can take what they can. If they can't queue up, they can't do anything about what they can't take.

Seeing the attitude of Xie Liyuan Gold Shop, everyone has actually understood that Xie Liyuan Gold Shop has started counting down to its closure!

Xie Zhichao was past the state of despair at this time, and now he has calmed down.

"Isn't Guo Guandong from Imperial Fashion Group coming back tomorrow?"

Even at this time, Xie Zhichao no longer went to the company, but stayed in his villa in Repulse Bay.

For Xie Zhichao now, he doesn't want to do anything. He just waits for Guo Guandong to come back. If the price is still acceptable, he will directly sell Xie Liyuan Gold Shop to Imperial Fashion Group.

Lin Jiamin nodded and said: "I have confirmed with Guo Guandong's office again. The other party will return to Xiangjiang tomorrow morning, and then they will tell Guo Guandong about this!"

Xie Zhichao leaned on the sofa, the cigar in his hand was swirling with smoke, and said calmly: "If this is the case, then just wait for him!"

At this time, Xie Zhichao was able to calm down his mentality to this state because he understood that he would definitely not be able to keep Xie Liyuan Gold Shop no matter what. Since he couldn't keep it, he could only give up.

Fortunately, the Xie family still has other assets. Even if the Xie Liyuan Gold Shop is lost, it can ensure that the Xie family can continue to live as a wealthy family as they are now.

But some people cannot be as relaxed as Xie Zhichao. This person is Hong Kong Financial Secretary Peng Lizhi.

The life and death of Xie Liyuan Gold Shop can only be related to the situation of one bank, Hang Lung Bank. Even if there are no external forces deliberately targeting Hang Lung Bank, Hang Lung Bank itself can survive this difficulty.

However, if Hang Lung Bank fails to overcome this difficulty, it is likely to cause a wave of runs on the entire Hong Kong banking industry.

This was what happened during the first squeeze wave in Hong Kong in the 1960s. At that time, the Hong Kong stock market was at its peak, especially the listing of Kowloon Bus and Jardine Matheson, which stimulated the growth of the stock market. Hong Kong citizens took out money to buy stocks one after another. , leading to a doubling of pressure on the cash system of the banking system.

At this time, Liu Chong Hing Bank already faced huge risks due to its unhealthy loan-to-deposit ratio. At that time, a wave of runs on Liu Chong Hing Bank had already formed, but it could still be stopped if we could find a way to stop it.

As a result, Liao Chong Hing Bank caused a run on Hong Kong's banking industry in the 1960s due to a piece of false news.

At that time, there were reports that a well-known Hong Kong banker was now the subject of police investigation and had been informed to leave Hong Kong!

Although the police came forward to refute the news, they could no longer stop Liu Chong Hing Bank's depositors from frantically running to the Liu Chong Hing Bank to withdraw money.

Coupled with the frivolous operations of HSBC and Standard Chartered Bank, Liu Chong Hing Bank was eventually acquired by a foreign bank.

But in the following years, mass bank runs broke out one after another in Xiangjiang, including Mingde Bank, Guangdong Trust Bank and other banks. Of course, the most important one was Hang Seng Bank. Amid the run on banks, Hang Seng Bank changed its banner, making HSBC the largest shareholder.

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[Rebirth of Hong Kong’s Most Powerful Tycoon]

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It is precisely because of the previous lessons that Peng Lizhi does not want this situation to be a repeat of the run on the banking industry in Hong Kong in the 1960s.

In addition, there are demands from the British side, so Peng Lizhi has already planned to let the Hong Kong government take over Hang Lung Bank.

In fact, it is not only Peng Lizhi who is paying attention to this matter, but also Hong Kong Governor Youde.

"So, your Financial Secretary has decided to take over Hang Lung Bank?" Youde looked at the report sent by the Financial Secretary and asked Peng Lizhi.

Peng Lizhi nodded and said: "Yes, what is needed now is that Mr. Hong Kong Governor, in the name of the Hong Kong Governor's Office, convene a meeting of the Hong Kong Legislative Council to pass the "Hang Lung Bank (Takeover) Ordinance", allowing our Financial Secretary to authorize foreign exchange

The Fund Management Bureau and the Office of the Banking Regulator used the Exchange Fund to take over Hang Lung Bank."

Today, the Hong Kong Monetary Authority has not yet been established, and the two departments, the Exchange Fund Administration and the Office of the Banking Regulatory Commission, are actually the predecessors of the Hong Kong Monetary Authority. By 1993, these two departments will be merged into the Hong Kong Monetary Authority.

.

If the Financial Secretary wants to take over Hang Lung Bank, he must go through these two departments.

Youde naturally hopes that the Financial Secretary can implement this matter as soon as possible. In fact, he came up with a solution to Hang Lung Bank within two days. This is already a big deal for the Hong Kong government and the Financial Secretary.

Very quick thing.

"If this is the case, even if the original regulations of Hong Kong's banking industry are revised, this matter is likely to cause some media attacks!"

Youde has just taken office as the governor of Hong Kong, and he does not want to be attacked by the Hong Kong media as soon as he comes up.

Peng Lizhi said solemnly: "Mr. Governor of Hong Kong, HSBC, Standard Chartered, and Jiaku Bank have made it clear that they will not help Hang Lung Bank overcome this difficulty. If we do not take action, Hong Kong is very likely to

Triggering the most serious bank run wave since the 1960s, it will be even more detrimental to us!"

Hearing what Peng Lizhi said, Chu Huan's figure instantly appeared in Youde's mind. Two of the three banks that could solve this matter belonged to Chu Huan. In fact, it was simply because Chu Huan didn't want to do this, but this time

No matter how dissatisfied Youde was with Chu Huan, he had no choice but to accept it.

Because he is no match for the opponent at all.

"Mr. Governor of Hong Kong, this matter cannot be delayed any longer!" Peng Lizhi saw that Youde did not answer his suggestion immediately, thinking that the other party was still weighing the pros and cons, so he could only continue to preach.

"Now, Diners Finance, Dejie Finance, Weihao Finance, North American Panama Finance, and Xingtong Finance have all closed down one after another. The run-up trend in Xiangjiang has taken shape. If there are other troubles, even we have no way to save the current situation.

This situation is over!"

Diners Finance was the instigator that completely triggered the run on Hang Lung Bank. With the reporter from "Sheng Bao" publicly executing Hang Lung Bank at a press conference, Hang Lung Bank not only became the first unlucky person to be involved in the run on Bank of Xiangjiang, but also

Similarly, Diners Finance is not immune to the disaster.

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[Rebirth of Hong Kong’s Most Powerful Tycoon]

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When the financial teams of major lending institutions settled in Diners Finance and investigated the critical time of Diners Finance, Diners Finance's largest customer, Yida Group, announced a debt restructuring.

However, because all the media in Hong Kong were paying attention to the situation of Xie Liyuan Gold Shop and Hang Lung Bank at this time, they ignored this matter. This also made few people pay attention to the news of Yida Group's debt restructuring.

"I understand, I will solve the problems in the Legislative Council!" Youde then ordered his secretary to inform the Legislative Council Secretary and members to convene a Legislative Council meeting tomorrow!

.

Hang Lung Bank Headquarters!

Zhuang Rongkun and Zhuang Qingquan were completely out of energy at this time and slumped on the sofa. In fact, they had been in this state for the past two days.

There are many things that they haven't figured out yet.

Hang Lung Bank's loan-to-deposit ratio is still relatively healthy, but how did it end up like this?

At this time, the situation of Hang Lung Bank and Xie Liyuan Gold Shop is the same, and it is no longer something that they, the holders, can solve.

In fact, it is very simple to solve the current crisis of Hang Lung Bank. As long as they have enough cash to buy here, they can appease the depositors of Hang Lung Bank, but they do not have so much cash now.

If the only difference between them and Xie Zhichao of Xie Liyuan Gold Shop is that they are still at the headquarters of Hang Lung Bank, while Xie Zhichao no longer goes to Xie Liyuan Gold Shop.

"Chairman, according to statistics, 1.28 billion Hong Kong dollars in cash have been withdrawn from the company in the past three days, but this has not dispelled the nervousness of depositors."

Zhuang Rongkun's secretary came in and gave a helpless lecture.

In fact, it can be seen from this that Hang Lung Bank's financial situation is relatively good. It was able to withdraw 1.28 billion Hong Kong dollars in cash within these three days. However, the most difficult situation for Hang Lung Bank now is that they can only provide money and have no deposits. .

Everyone knows that the number of deposits in a bank is limited, and everyone also knows that a large part of the bank's business comes from loans. Now those who come to Hang Lung Bank to withdraw money are more worried about their own money. It became the last payment of cash from Hang Lung Bank. Who knows when the remaining loans will be recovered?

Zhuang Rongkun sat dejectedly on the sofa and said helplessly: "Continue to prepare funds. The Financial Secretary just called. The Hong Kong government will announce its decision to take over our Hang Lung Bank tomorrow. By then everything will be over!"

The Hong Kong government's takeover of Hang Lung actually means that Zhuang Rongkun, Zhuang Qingquan and others have completely lost Hang Lung Bank.

Thinking about it, they were Hong Kong banking giants just a few days ago, but now they are about to become homeless dogs. I am afraid that only the two of them know the complicated feelings!

.

"Boss, according to the situation from the investigation department, Zhong Zhengwen's Yida Group has announced a debt restructuring, and Zhong Zhengwen met with Chen Songqing before. Although I don't know what the two talked about, it depends on the situation. Wen must have discovered Chen Songqing’s background and had a showdown with him!”

Xu Yi came to report to Chu Huan with the news he had just received.

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[Rebirth of Hong Kong’s Most Powerful Tycoon]

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After hearing this, Chu Huan raised his eyebrows slightly and said, "This Chen Songqing is a bit of a loser. He actually asked Zhong Zhengwen to investigate clearly in such a short period of time?"

Only in the second step of Chu Huan's plan will the matter of Jianing be involved. However, Yida Group, which has the closest cooperation with Jianing now, chooses debt restructuring at this time, which means that it will not take a few days for them and Jianing to

It is very likely that the accounts of the period will be investigated clearly, and the big ship Jia Ning will probably sink into the sea by then!

Xu Yi analyzed: "According to my analysis, I think judging from the abilities of the two of them, Zhong Zhengwen should not be able to investigate Chen Songqing's situation so easily. It is more because the two parties cooperate on too many projects.

, this led Zhong Zhengwen to discover from the accounts that Chen Songqing's Jianing actually did not have such a deep source of funds. In addition, he was already suspicious of Chen Songqing, so I think he also took a risk!

"

Comparing Zhong Zhengwen's ability with Chen Songqing's ability, the two of them are actually in the sky and the earth. It is not that simple for Zhong Zhengwen to thoroughly investigate Chen Songqing's situation.

In fact, even if the debt of Yida Group was restructured, it was not Zhong Zhengwen's own idea, but the solution he found after asking his own finance.

"What is Chen Songqing doing now?"

Chu Huan asked.

Xu Yi replied: "The people following him reported that Chen Songqing has been in contact with people from HSBC and Great Eagle during this period. During this period, he also contacted people from Yumin Finance, but because of Ibalaxi's

The reason is that the number of times is not as high as that of HSBC and Great Eagle!”

"Yingjun?" Chu Huan was stunned for a moment.

Xu Yi nodded and said: "Yes, in fact, Chen Songqing found HSBC to be very understanding. Now it is getting closer and closer to the construction time of their second section of Xiangshan Building. Although Jianing has announced that it will pay dividends, and the Hongmian Building
To be continued...