History of Hong Kong Island

Chapter 433 The Stampede and Collapse of Money
He Dingxian sat in the attic tearoom of Ruihetang, with a murderous look on his face: "Brothers have already found out that at two o'clock in the morning last night, Lin Xiangle, the owner of Yuedong Trust, ran away with his whole family and boarded an oil tanker bound for North America."

Qiu De was even more anxious: "The bosses of all the Chinese-funded banks in Hong Kong are trying to support them, but he is fine and just ran away!"

Li Guanchun's expression was livid: "The other shareholders of Yuedong Trust have already explained that Lin Xiangle made a lot of profits through project investment when he was in charge of the trust bank. At least there are more than 5000 million holes to fill."

"It's a bad start he made."

He Dingxian took a sip of tea: "Contact Zhigongtang in North America, offer a bonus of 200 million Hong Kong dollars, and kill Lin Xiangle and his family!"

He Shanheng nodded: "Okay!"

Although the Chamber of Commerce does not have much strength in North America, as long as they are willing to pay, it is easy to buy a few lives.It's just that it doesn't help that the life of the important person is no longer helpful. As a bank specializing in trust fund management, Yuedong Trust Bank has many customers who are rich in Hong Kong Island.

Huo Guantai, Zheng Yutong, and even Chu Weinan all put their money in Yuedong Trust Bank.
Before the trust bank had a thunderstorm, the rich were free to withdraw part of the funds according to the treaty, but it often accounted for less than [-]% or even [-]% of the total amount.

Therefore, trust banks seem to make money forever.

Because a trust is a fixed deposit to a certain extent, and there is no problem on the books before it can be withdrawn.Don't look at the boldness of future generations of rich people who buy family trusts, which can easily be billions or tens of billions. In fact, those family trust funds are all companies under their own companies, and they are managed by their own people.

It is nothing more than restricting the extraction conditions of family members so that the wealth can be passed on for a longer time.At present, trust is still a relatively new financial model, which has caused many wealthy people to fail to understand the routines of trust banks.Just thinking that the trust fund has a professional trader watching over it, and it can benefit the family inheritance, so I bought some more or less.

As everyone knows, you stare at other people's interest, and others stare at your principal.

Of course, if Yuedong Trust does not encounter a run-on trend, or the property market is still high, the income from investing in the property market may be able to wipe out the account.Coupled with the investment of new customers, etc., the Ponzi scheme can continue to play.

The larger the volume, the smaller the chance of thunderstorms.

If you don't do a "mouse warehouse" and honestly use your money to invest, regardless of the loss or profit, you will not run away after all.

Feng Jingxi sighed: "Yuedong Trust has developed rapidly in recent years. Not only many chamber directors are involved, but even the four major families have huge sums of money in Yuedong Trust. Seeing that the company is going to be stormed by thunder, Lin Xiangle knows he will die."

"On the surface, I put on a positive attitude to rescue the market. In private, I have long wanted to take my family on the road. I can live one day longer."

"After all, what he is doing is the business of the big bosses. Unlike the clients of other banks, he can rely on it if he goes bankrupt."

The manager of the trust fund gets more of the profit, and bears more of the loss.

If you offend the big boss, you will sink into the sea in minutes.

But that's no reason to run away.

"The result of the lack of regulation in the financial industry before was false prosperity and laying mines everywhere! The big thunder of Yuedong Trust exploded, and the chain reaction caused directly led to the collapse of confidence in the improvement. The next one must be the peak of the run."

"Citizens see that they can't even keep the money of the big bosses, so what is their money?"

Not only the citizens are an egg, but He Dingxian is almost an egg. After this turmoil is over, the members of the four major families must be called to come forward to legislate and regulate finance.Qiu De said even more bitterly: "Huo Changli, Zheng Changli, and Sir Luo all called to inquire."

"It is expected that at least 1 million Hong Kong dollars will be evaporated in the event of trust bank running away!"

He Dingxian sighed: "I can hold on!"

"Call the shareholders of Yuedong Trust over here and hold a meeting to see how much money can support the trust bank's debts."

He Shanheng frowned: "He Sheng, you even want to accept the offer from Yuedong Trust?"

"If you don't answer, there will only be more serious consequences. If you answer, the storm may stop at Yuedong Trust." He Dingxian lit a cigarette and let the world's directors consider it. After a while, Feng Jingxi said: "I can't stop it." Living."

"Yuedong Trust, a bank with hundreds of millions in size, has collapsed. Unless the government comes forward to back it up, it will be difficult to regain confidence. Eastern Bank, Bank of East Asia, and Hang Seng must be prepared to be hit. It is not just the beginning that cannot be rescued. The rescue attitude is to control the amount of funds well, so as to prevent the three banks from running out of funds when they encounter a crisis.”

"You know, you have to give money to small banks, keep the most Chinese-owned factories, and burn hundreds of millions of funds to Yuedong Trust. It's nothing more than keeping the wallets of the big bosses. If you lose money from the big bosses, you will lose." , They have capital and property, and they can definitely make money again.”

"If one of the three major banks fails, the lost wealth will be far more than hundreds of millions."

This time, Feng Jingxi's words won everyone's support.

He Dingxian thought for a while, and said: "With the financial strength of our three major banks, we can support it, and Guangdong East Bank can be restructured, which can reduce the scale of the squeeze. In the long run, it is equivalent to spending a sum of money now. Money, I saved a lot of money later."

"If the Bank of Guangdong East is not supported, the Hong Kong government will definitely ask the foreign bank to come forward, and the foreign bank will carry out mergers and acquisitions at that time, and it will look ugly."

As long as the Hong Kong government comes forward to support the bottom line, it is tantamount to declaring that the Chinese capital has lost.

"Mr. He."

"Does it have to be so tough?"

Feng Jingxi sighed.

"Bones are hard, I like to win, and I want to win beautifully!" He Dingxian said: "The most important thing is that we have money. We can afford this risk. There is no need to be so conservative. If you can count us as a billionaire, you can count us. 18 billion?"

"impossible!"

He Dingxian actually knew that holding Yuedong Trust would burn some funds and increase future risks, but unlike He Shanheng, Feng Jingxi and others, they only need to consider commercial gains and losses to ensure the safest bottom line for Chinese capital.

In addition to business, he also needs to consider political gains.First of all, the run-and-run incident is a purely commercial event. Regardless of victory or defeat, the political impact is relatively light and can be supplemented.Not without it, but not noticeably.

Like an unmentionable disease, it's not painful or itchy, just a little uncomfortable.

There is also rule.

However, Yuedong Trust involves the funds of the four major families, so it is linked to politics.If he supported Yuedong Trust Bank, it would not only be beneficial commercially, but also politically rewarded by the four major families. Why not do something that kills two birds with one stone?
"Ok."

When Feng Jingxi thought that he had a fund reserve of one billion Hong Kong dollars, he felt helpless. Who would let others have money!Speak loudly!Soon, Qiu De contacted several shareholders of Yuedong Trust, checked the financial report, and started the acquisition.

The entire acquisition process will take at least half a month to complete, but in the evening of the same day, the business daily published a news, making a big fuss to demonstrate the strength of the chamber of commerce.The effect is indeed there, at least it shows the game mentality of Huazi not giving up, and it has stabilized many factory owners and small bosses.

But it is far from enough to turn the world around. In the face of the general situation, one hand of chess can only have one step effect. If you want to really weather the storm, you still have to rely on hard power.

Taiping Mountain.

Governor's Palace.

Bai Liji was wearing a suit, sitting on the sofa in the living room, with a cigar in his hand, slowly puffing out smoke rings, and slowly flipping through the newspaper.The HSBC clerk sat on the seat next to him, very humble, bent over and said: "First, the bank went bankrupt, and then the boss of the trust bank ran away. Now panic has spread throughout the city. There are more than 2000 citizens lying in bed at the moment. Sleeping on the floor in front of the store of the Huazi bank, waiting for the opening of the bank tomorrow to cash the deposit certificate."

"The three major Chinese-funded banks, there are more or less people rushing to exchange money at the door of the business. Although there are not many people rushing to exchange money, it has formed a trend, and we can start with the three Chinese-funded banks."

Bai Liji put down the newspaper, picked up his cigar, and looked at Qi Yaolin: "How sure are you?"

Qi Yaolin said: "One of the three Chinese-funded banks, Hang Seng, and East Asia must go bankrupt. The cash in their hands has been invested to save the market. It seems that there is more money in the vault, but more check deposit certificates have been issued. Once the trend spreads to three Dahuahang, these two companies can’t support it at all.”

"Even if the Eastern Bank is willing to support it vigorously, the cash pool of the Eastern Bank can support at most one family. And once the stampede happens to the Eastern Bank, the Eastern Bank will also suffer serious damage."

If the Eastern Bank is seriously injured, the unbreakable profit network of the money empire will be severely torn open.And there is no need to fight a power struggle in the police force, as long as the financial war is fought in the business world, it can greatly weaken the influence of the Chinese in the police force.

If the ghost doesn't deposit his money in the Eastern Bank, and if he doesn't rely on the Eastern Bank, he will naturally stop doing his best.And the market value of Oriental Bank fell, and the equity depreciated, which could also cause dissatisfaction with the Chinese in the police force.Bai Liji didn't dare to confront He Dingxian head-on, and directly put his hand into the police force, but he knew how to make use of his strengths and avoid weaknesses. In the economic field he was good at, he ruthlessly played against the police force.At that time, the police force will have no excuse to make troubles, and they can't just go to Taiping Mountain and ask the Governor's Mansion for compensation, right?

Not to mention whether the citizens support it, whether the police will go up the mountain for it, once the slogan is shouted, there will be political stains on him, which can stir public opinion and plan events to make him step down.

"Of course, Eastern Bank's cash comes from the top police officers. Generally speaking, high-level executives will not misappropriate funds, and the run of the outside world will hardly affect the top management." For the bank, corrupt officials are really the best customer base.

"I still need Sir Bai's help on this point."

Perhaps, the Eastern Bank has more funds than he expected, but as soon as a crisis occurs, it will soon be drained.

Bai Liji nodded in agreement and said: "Before coming to Hong Kong Island to take office, I often heard people say that a money empire has emerged in the past ten years. Since it is a money empire, it starts with money and collapses with money!"

"Beep beep."

He put the cigar on the side of the fiberglass on the table, then picked up the phone, pressed a series of numbers, and when the phone was connected, he said: "Xie sir, tomorrow will officially start the investigation of the former police chief, Jian Baoning. An investigation into corruption and bribery."

"Yes, sir!"

Xie Faxin straightened up on the bed at home and replied in a solemn voice.

　Two shifts tonight, carefully ponder the pictures and scenes behind, and continue with the third shift tomorrow.Although I promised everyone three more shifts, I still have to stop. After three consecutive days, my body will be a bit overdrawn and my mind will be confused. For the sake of quality and state.Junzai feels that if there are too many updates, he will be overdrawn, so he can only find his own rhythm.In addition, some readers said that the plot is aggrieved?Didn't call back?First of all, even if the protagonist is in distress in this plot, it is not considered aggrieved, it just shows the protagonist's response, and the strength is still there.As for calling back, sure!It's just that this plot is the unfolding of a large chapter, and many historical events will be strung together to bring everyone to deconstruct and feel.Therefore, there will be a few more chapters in the foreshadowing and preparation. Correspondingly, the climax that will be played back later will be more exciting and have more content to write. The above!

　　
　
(End of this chapter)