History of Hong Kong Island

Chapter 116 Set foot in the banking industry

"The registered capital of a bank needs to be 100 million Hong Kong dollars, and a fixed percentage of money needs to be transferred to the account of the Hong Kong Monetary Authority every month. The registered capital of a bank only needs 10."

"In addition, the interest rate of the bank is high, and the interest rate of the bank is low. Most of the Chinese depositors still like to save the bank." Qiu De even has a relative in Shanghai who owns a bank, but he has a certain understanding of the banking industry. He has a deep understanding of the banking industry in Hong Kong Island, and has actively inquired about relevant information.

Historically, he established the "Far East Bank" to become the boss of the upper-class society, and the chairman of the Far East Group has also become his biggest gold-lettered signboard.

He Dingxian could hear that Qiu Degeng's speech was very tactful. It was nothing more than that he didn't even have the capital to register a bank. At present, Hong Kong Island Bank is still the private land of major foreign companies. Except for a few outstanding Chinese businessmen, no one can intervene.

In addition to the different groups of depositors, money houses and banks actually rely on credit endorsement, and the storage methods are roughly the same.

In the era when there were no electronic systems and ATM machines, when going to banks and banks to deposit and withdraw money, you either used paper accounts, checks, etc., or bank notes from banks. There was no essential difference between the two. Banks had registered checks and unregistered checks. , Bank cashier's checks, banks also have fixed and variable bills of exchange, etc. The Hong Kong dollar itself is a kind of "bill of exchange" endorsed by the Hong Kong government with credibility.

The Hong Kong government itself does not print Hong Kong dollars. The three major note-issuing banks need to use "full foreign exchange" to purchase the "interest-free bonds" of the Hong Kong government's foreign exchange fund to obtain the amount of money printing. None of them is tantamount to giving up the government's "water injection right" to print money, which is also an important reason why the Hong Kong dollar has always been strong.

At present, the three major note-issuing banks on Hong Kong Island are "Standard Chartered", "HSBC", and "Lily". It failed in the operation and closed down due to the loss of Ceylon coffee. It was acquired by HSBC and listed on the backdoor.

Beneficial Bank is also an all-British-owned background, and will lose the right to issue banknotes in the future and be replaced. Only HSBC is a mix of British, American, German and other multinational capitals. It will continue to increase its shares and fill in Chinese and even state-owned backgrounds. Sit big until the next century.

"HSBC" is a successful representative of capital without borders. It is undoubtedly full of capitalist profit-seeking attributes, but it is undeniable that it is a heavyweight player in the East Asian banking industry.

He Dingxian nodded slowly: "Okay, lard boy, transfer 13 to Mr. Qiu in the account, and recruit some people to set up the bank."

"Let another house with a good location, put it in Mong Kok District, and decorate it."

Lard Boy's tone was excited, and he readily agreed: "Understood, big boss."

Qiu De even swallowed a saliva, and couldn't restrain the excitement in his heart.

Those who come out to work are not afraid of the boss's fierceness, but they are afraid that the boss has no guts. They have been doing small businesses all their lives and have no future!
The big boss gambled his wealth and life to rush upwards, and if he wanted to use his subordinates, all the younger brothers would naturally have a chance.

If he had stayed in the movie store to work for the Shaw Brothers and his son, he would have been a small manager all his life, but now he will become a bank owner in a sudden change.

Just like the start of a war, the opportunity to get promoted and make a fortune, and to confine his wife and children is here!
"Boss, I will definitely manage the bank account with my heart." Qiu Degeng said.

He Dingxian nodded slightly: "The accounting team selects a few people who are willing to work in the bank. It is even more necessary to settle accounts when running a bank. Then choose a trustworthy person to continue to manage the accounting company."

Qiu De added: "Don't worry, big boss, I will arrange the accounting, and I will continue to watch over it in the future."

Now the accounting company undertakes the business of the entire Hong Kong Island, plus Mong Kok, Kowloon, Sham Shui Po, Yau Ma Tei, and Kowloon Tong, and the monthly turnover is [-] to [-].

The size is a piece of meat, impossible to give up easily.

"Let's go out and get busy. Leave the matter of absorbing savings to me, and get things done quickly. The bank will definitely open within two months."

He Dingxian set a time, and said slowly: "It's better to fight in an enclosure!"

"We'll fight him to the end!"

"Yes, big boss." Zhu Youzai and Qiu Degeng agreed, and got up and left the office together. The two had just walked out of the gate of the mission hall. Qiu Degeng raised his head and glanced at the sky. When he lowered his head, Zhu Youzai Holding his shoulders, he said aloud, "Qiu Sheng, you've developed!"

"Brother Zi, don't laugh at me. If you don't help the big boss in this battle, I'm afraid you will sink into the sea with the big boss." Qiu De shook his head and smiled wryly.

With fat piled up on Lard Boy's face, he smiled ruthlessly: "It's all about gambling. If you succeed, you will skyrocket, and if you lose, you will be defeated. Take it easy..."

He understands the big boss's business vision better than anyone else, and he believes that since the big boss dares to gamble, he must be sure to win the bet.

"You just have to remember that in Hong Kong Island, whatever Mr. He fancy will belong to Mr. He sooner or later."

When Qiu De heard the words, the hairs all over his body stood on end, his heart felt like an electric shock, he was stunned for a moment, and then nodded: "Yes, brother Zai is right."

"Let me tell you something. Did you see Akun who was drinking Coke in that corner and reading the newspaper?" Lard Boy suddenly glanced at the street: "He has been reading the newspapers in Taiwan recently. what?"

"Why?"

"Because he heard that the big boss wants to buy the copyright of martial arts novels, he bought copyright like the big boss, but he didn't dare to compete with the big boss for the literati's territory in Hong Kong Island, so he secretly read the newspapers in Taiwan. A martial arts novel."

"Last time, he scraped together 2000 yuan and mailed it to Taiwan Island, and bought the copyright of something called 'Wolongsheng'."

Qiu De was even more stunned: "You have brains."

"It's useless to have brains. There are a lot of smart people in the world." Lard Boy sneered, and said in a meaningful tone: "The smarter people think more, the easier it is to make mistakes and blindly act on their own. There are few people here, you lack Akun's heart."

"Pay attention to the big boss!"

Qiu Degeng's expression changed again and again, and his eyes were very complicated. After a long time, he retracted his gaze and nodded heavily: "I will learn from him."

"Did the big boss tell you the name of the silver account?" Lard Boy asked suddenly.

Qiu Degeng shook his head, then nodded again: "Although I didn't say it, it's like saying it if I didn't say it. Dongfang Bank and the big boss's business name all call it by the same name."

"Just remember, this is the mind and ambition of the big boss. Some things can be done without the big boss talking about it, and it will make the big boss feel more comfortable." Zhu Youzai is really a smart and clever person, patted Qiu Degeng on the shoulder and finally Said: "Congratulations, you have been reused by the big boss. Now it is Dongfang Bank, and it may be the boss of Dongfang Bank in the future."

Qiu Degeng also sneered, and thought to himself: "If that day really comes, I won't venture into the foreign market for ten miles. Being the president of the Eastern Bank is much more prestigious than being a comprador of a foreign company, and I can blow it down for generations. If you call out your name, you are a rich and famous family."

Zhu Youzai really thinks that Qiu Degeng will be more promising than Wu Shihao in the future, but at present, the most promising person under the boss is himself!

The second is Ni Kun, not because they have any special abilities, but because they are closest to the big boss. As the "secretary" and "driver" of the big boss, the two are born to be the shadow of the big boss, so they are naturally compared. Others have much more promise.

Although the outside world thinks that Zhu Youzai is a rent collector, he has secretly set himself a higher level. A rent collector is just a job, and being a secretary to the big boss is ideal!
Sitting in the office, He Dingxian was really thinking about running a bank account, maybe it could be a bank in the future.

Although there has always been a market for the bank business on Hong Kong Island, it will gradually transition to underground banks in the future, and banks will take over their business.

Banks have natural advantages in publicity, savings, and investment. Even if they are supervised by the Financial Bureau, their income is hundreds of times greater than that of banks.

Banks are doomed to only do small things in Hong Kong, but banks can do business all over the country and overseas. From the 50s to the 60s, it was the era of the rise of the banking industry. Because of the connection between the shipping industry and the real estate industry, the financial demand was strong. There has been no stagnation in the connection for decades, and after the reform of the mainland, Hong Kong Island is destined to be the financial window. In a city known as the "Oriental Wall Street", it is too stupid to do money and not banks.

Of course, in the era of crazy expansion of the shipping industry and real estate industry, coupled with international turbulence, financial crisis and other reasons, there were almost all stock market crashes and bank failures in the 60s, 70s, and 90s. With his sensitivity to historical trends, It is not a big problem to avoid the financial crisis by properly controlling the scale of investment.

If the Eastern Bank can really run, maybe there is still a chance to get the "right to issue banknotes". At worst, it can go public through a back door like "HSBC".

The "right to issue banknotes" itself does not make money, but banks with the "right to issue banknotes" are famous and trusted by the public, and the speed of absorbing deposits is crazy.

This is why the "note-issuing bank" is always the top bank in terms of capital.

However, the advance of everything is the great success of the "Campus Coil Warfare", otherwise the funds cannot be withdrawn, the interest cannot be cashed, and the bank will go bankrupt in minutes.

The birth and death of banks and banks is very common in the banking industry. After the explosion of large and small banks, the funds in the accounts cannot be cashed out at all.

Because the bank itself is a financial game, and regular banks have a healthier system under certain supervision, which does not mean that they will not fall into a "Ponzi scheme."

If a large investment fails, the bank fails to operate, a run occurs, and a healthy capital chain can be cut off, to use a malicious word to describe it, all financial games are "Ponzi schemes", nothing more than simple and complicated The difference, the problem of game characters.

The essence of the periodic financial turmoil is to puncture the bubble and explode some scams, so that the remaining scams can continue to play...

He Dingxian did not intentionally conceal the news of the establishment of the bank, so that when Qiu Degeng was preparing for the opening of the bank, there were more or less related rumors in the business world, and there were many well-informed people in the police circle who received the news.

Shanghai Street.

Yongxing Tea Restaurant.

He Dingxian looked at the master in front of him and smiled, "Brother Li, are you interested in starting a bank together?"

Chen Li was wearing a green uniform, put a police cap on the table, and shouted loudly: "You really came to me?"

"Hey, master, let's get rich together." He Dingxian handed over a cigarette, and said respectfully: "If there is a chance to get rich, can I forget you?"

"You remember me, I really have to thank you?" Chen Li smiled, with a cigarette between his fingers, and his eyes inspected: "However, you are really kind to me, since you didn't ask me to save money, but asked me to do it together Bank."

"How?"

He Dingxian also picked up a cigarette, puffed lightly and said, "Take 5 yuan and count it as two points of your shares. In the future, the bank will distribute dividends according to the shares every year."

"So simple?"

Chen Li didn't believe it, and said frankly: "When someone said that you want to run a bank, I was thinking, how do you want to attract money?"

"If there is no endorsement by a big person, or if it is not a time-honored brand that has been immersed in the banking industry for more than ten years, it is often only possible to do a small business of usury and pawn, and then use the reputation to grow step by step."

"But if you want to do this kind of business, you can just find someone to do it in the jurisdiction. There is no need to use your own name." He paused, and said with a chuckle: "Since you use your name, it must be to the police force. Li did it himself."

"That must start with me!"

He Dingxian smiled helplessly: "Everyone knows your relationship with me. If I run a bank and you don't come to deposit money, who would believe it?"

Chen Li nodded as it should: "That's right, so I have already prepared 10 yuan to support you."

"But I didn't expect that I was asked to become a shareholder. You have been noticed by the Yau Ma Tei Police Station. Tell me what to do."

He Dingxian brought the lemon tea to his mouth, took a sip, and Fang explained: "It's very simple, the bank wants to grow bigger, and I don't have enough signatures alone."

"I would like to bring in all Chaoshan-born detectives and above colleagues to enter the venue. The Chinese police in Hong Kong will be the first and most important customers."

"In order to gain the trust of the Chinese police, it is best for all colleagues above the inspector level to take a share. I plan to share the cake."

"There must be a Chief Inspector Hua, and there must be chief inspectors. This can be as short as five years, or as long as 20 years. As long as the power of Inspector Hua is still there, the reputation of the bank will be guaranteed, and everyone will make money."

If it is a personal business in a certain industry, his character must be reluctant to share it, but the banking industry itself is a partnership business.

From the beginning of its establishment, it needs to have the attribute of "fundraising". Every step of expansion and growth must continue to increase shares. There is no sole proprietorship bank in the world!

Therefore, he is willing to take this business out to share the cake, as long as he can make the bank bigger, it will be considered a profit!
Chen Li said thoughtfully: "No one in the Chinese police has ever run a bank, and there is no bank that can do the unique business of the Chinese police. If you do it like this, there is indeed a chance."

"The Chinese policemen are very rich, but at least they have enough to eat and have some savings. It is not difficult for thousands of Chinese policemen to absorb hundreds of thousands of deposits. There will be more and more in the future, even millions. Possibly, but hundreds of thousands of deposits can satisfy your appetite?"

He said with piercing eyes, "Are you eyeing the fees of the police force and the tens of millions or hundreds of millions of fees of high-level executives?"

(End of this chapter)