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Chapter 389 Touch the Tiger's Butt

Chapter 389 Touch the tiger’s butt

Author: Lin Zhonggu

【Zheng Yaoyang VS HSBC?】

[Zheng Yaoyang is involved in the bank?]

[Zheng Yaoyang declares war on HSBC?]

The news became more and more sinister as it spread, and it directly became the blockbuster news of the first nuclear bomb in 1991.

Even Wells, who had a close relationship with Zheng Yaoyang, stepped in and called to inquire about the situation: "Zheng Sheng, is Fuxing your company?"

Zheng Yaoyang admitted it simply and said with a smile: "With such a large amount of money suddenly coming in, I have to find a suitable storage channel for them."

Wells hesitated for a moment and said tentatively: "Managing a bank is actually very troublesome. We at HSBC can definitely help you with this matter."

"I really appreciate HSBC's kindness, but we must always be responsible for the fund's investors."

"Zheng Sheng, we have no other intentions. If you need help, just let us know."

"Okay, okay, definitely."

Zheng Yaoyang's intense quarrel with Wells and his involvement in the banking industry had already been expected to offend HSBC.

As long as he refuses to admit it and insists on diversifying investment channels, HSBC will have nothing to do with him. Unless the interests of both parties collide head-on, they will not dare to take the lead in attacking.

Nearly 70% of the US$18.9 billion mega project are from the most powerful Chinese in the world, which is highly coincident with HSBC’s customers.

The Woodpecker Fund helped Zheng Yaoyang weave a huge network of interests that no one could ignore, and he did not have to be as hesitant as before.

As long as it can create considerable profits, Woodpecker Fund has a total of 178 investors, and they are Zheng Yaoyang's strongest backers.

Just after finishing the call with Wells, Zheng Yaoyang received a call from his uncle Su Haiwen.

The eldest uncle is a director of HSBC and a relative of Zheng Yaoyang. Since Wells can't ask anything, he should come forward.

Su Haiwen did not deliberately favor one side, but analyzed the current strength of HSBC Bank with Zheng Yaoyang from the perspective of relatives.

If Zheng Yaoyang plans to compete with HSBC, he'd better think long term because HSBC is too powerful.

If the politics of Hong Kong are managed by the Hong Kong Governor, then the economy of Hong Kong is controlled by HSBC.

Among the more than 600 listed companies in the Hang Seng Index, HSBC holds shares in far more than half of them, and its capital share reaches one-tenth of the total market.

It is not an exaggeration to say that he is the financial emperor of Xiangjiang, and Zheng Yaoyang's behavior can also be said to be a troubling move.

Zheng Yaoyang knew that his uncle had good intentions, but he also used the same excuses to excuse Wells and continued to excuse Su Haiwen.

He wanted to give it a try,

Success is earned with blood, and there is no loss if you lose.

On January 5, Fuxing Bank settled the foreign debt issues left by Hang Lung Bank and officially opened for business.

Since Hang Lung Bank is a small bank, its headquarters is not located in Central, but in East Tsim Sha Tsui.

An ordinary and old seven-story building is the headquarters building of Fuxing Bank in Hong Kong.

They are also looking for a building in Central and are talking to the seller, but they won't be able to get it for a while.

Woodpecker's five-year management contract takes effect on January 1 this year, and all US$18.9 billion has been paid. With such a large amount of money, it must be mobilized quickly.

If it is not circulated as soon as possible, millions and tens of millions of losses will be left in the account every day.

On the day of the opening of Fuxing Bank, a strange scene appeared on the streets of East Tsim Sha Tsui. Congratulatory flower baskets almost filled the entire street, but only a few people came to congratulate them.

Before the situation becomes unclear, most people make the same choice, remain neutral and observe secretly.

Mr. Huo was the only important guest who came to the scene in person. He said a few polite words of congratulations and said with a smile: "Now I have touched the tiger's butt."

He invested half of his life savings in Yangcheng Nansha and offended the Hong Kong British faction early on.

However, due to his status in Hong Kong's business community, the Hong Kong British faction did not dare to do anything to him.

HSBC is a direct descendant of the British Hong Kong faction and blacklisted the Huo Group many years ago.

So he didn't have to worry about offending HSBC if he came to congratulate Fuxing Bank on its opening in person.

Zheng Yaoyang looked indifferent and said with a smile: "Actually, it doesn't matter if you touch it."

When Worldwide Group went public and introduced Barings Bank, HSBC's response was not that big.

It is enough to show that the existence of Fuxing Bank is more threatening than the original Barings Bank.

He was also more certain of Zheng Yaoyang's thoughts. He had figured out the tiger's ass.

"It's great to be young."

Mr. Huo felt sincerely.

He once thought that by establishing the Woodpecker Fund and consolidating his connections, Zheng Yaoyang would relent or simply retreat behind the scenes.

Facts have proved that he does have a receptive personality and rarely appears in public unless he has nothing to do.

But just like boxing, the purpose of closing the fist is to gather force and make the next blow more lethal.

He actually planned to grab food from the Huifong bowl. I don’t know if he should say that he who doesn’t know is fearless or that he should be commended for his courage.

Suddenly, ten armored vehicles loaded with cash came from a distance, and the security personnel were equipped with the latest guns.

Boxes of U.S. dollars were continuously transferred into the bank's vault, causing onlookers to scream in surprise.

They have never seen so much cash in their entire lives. Even though Mr. Huo is well-informed, he couldn't help but be speechless: "How much cash did you bring here?"

It's not like he's never seen money before, but he's certainly never seen so much US dollar cash.

One box can hold 3.2 million US dollars, and the total number of boxes should not be less than 200.

"No more than a billion dollars."

If the Gulf War were not about to start, London gold would have recently risen to US$382 per ounce.

Buying now is chasing the high, otherwise Zheng Yaoyang would have planned to transport a mountain of gold into the treasury market.

After all, cash is the bank's confidence and reputation. A bank that no one wants to deposit money cannot withdraw money every day.

Mr. Huo marveled at Zheng Yaoyang's wealth, but at the same time he was slightly worried: "Can the security department handle such a small bank?"

He dared to assert that Hang Lung Bank's cash reserves should not exceed 100 million yuan, still in Hong Kong dollars.

It is difficult not to worry about the one-time remittance of one billion U.S. dollars, which exceeds the original treasury reserves by 78 times.

"It's just that the vault is a bit small and can barely hold so much money. The security department doesn't need to worry."

In order to open the bank today, Zheng Yaoyang directly transferred manpower from Mokos to establish a security department that is independent from the bank system.

And equip them with the most sophisticated weapons. As long as there is no regular army invasion, whether they are petty thieves or century-old robbers, they will never come back.

Mr. Huo smiled bitterly and shook his head, saying that he couldn't understand. Even he was shocked by Zheng Yaoyang's generosity, let alone the onlookers outside.

At this time, Wade came to Zheng Yaoyang, looked at Mr. Huo with a polite smile, and asked: "BOSS, should we announce the interest rate in advance?"

Since the last time the crude oil market offended the United States, he cannot go back to the United States and can only live in Xiangjiang.

Zheng Yaoyang has not forgotten that Wade was his teacher and had shed blood and made meritorious deeds for him.

So when I decided to establish a bank and considered who would serve as the general president, Wade immediately came to mind.

He has been working hard on Wall Street for more than ten years and has rich investment experience. He was once a fierce general under Balk. He has also been teaching and educating people for more than ten years, which is more than enough to serve as the general manager.

"Announce it."

Zheng Yaoyang invited Mr. Huo into the office for a chat. His task was completed, and the next step was to see the market reaction.

If the market response is hot enough, Zheng Yaoyang really plans to touch the tiger's butt, otherwise it will be treated as an ordinary investment channel.

Wade followed Zheng Yaoyang's instructions and came to the camera and announced that the current annual interest rate was 1.68% and the dead interest rate was 4.2%. A group of people opened accounts in an instant.

This interest rate is the same as that of HSBC and Standard Chartered, and there is no advantage at all. But the founder is Zheng Yaoyang, and this alone is enough to win them over.

The God of Wealth opening a bank is probably their closest contact with wealth in this life.

And there are many people who hold this idea. On the opening day, the bank added more than 7,000 new savings customers, and the amount of savings reached 210 million Hong Kong dollars.


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