A layman in the courtyard

Chapter 206 Press Conference

Since Cao Zhihua had already negotiated all the acquisition conditions with He Shanheng,

The team led by Li Shengnan only needs to execute, and the acquisition speed is very fast.

Within a few hours, the share exchange and capital transfer were quickly completed.

With the current size and influence of Zhihua Group in Hong Kong Island, a press conference was held, and it was held in front of Hang Seng Bank, which is currently at the center of the storm. Naturally, it aroused the excitement of all the media.

Although Zhihua Group has not made any big moves in Hong Kong Island in recent years, in the minds of Hong Kong Island citizens, it is truly the number one enterprise in Hong Kong Island.

Moreover, the boss of Zhihua Group was named the world's richest man by Time Magazine.

Although the ranking has dropped now, it will be more than enough to be the richest man in Hong Kong Island and the richest man in China.

Now that Hang Seng Bank and Zhihua Group are at the forefront of the bank run, they jointly hold a press conference at Hang Seng Bank. Even a fool reporter and fool media will know what will happen.

During this period of time, the Hong Kong government stepped in to appease the bank runs, and even asked two major banks, HSBC and Standard Chartered, to come forward to bail out the bank.

As a result, not long after the run ended, an even bigger run on Hang Seng Bank broke out.
In addition, a lot of media have recently added fuel to the fire.

Even if you are really stupid, you already know what this is going on.

As a result, Zhihua Group and Hang Seng Bank jointly held a press conference. The media did not expect such a result.

There are also many media outlets who, after receiving invitations from Zhihua Group’s press conference, immediately reported on the financial backers behind it.

But what made these media dumbfounded, the news that I responded to, was like a stone sinking in the sea, without any follow-up.

It took a long time for the media to realize that this time Zhihua Group tried to snatch the meat halfway, but succeeded immediately and directly.

One by one, they lamented the strength and skill of the richest man, Mr. Cao Zhihua.

The next day, all the front pages of newspapers in Hong Kong read the headlines:

[The richest man Cao Zhihua takes action, Hang Seng Bank may be revived]

According to our reporter, today Zhihua Group and Hang Seng Bank jointly held a press conference at the Hang Seng Bank headquarters building. It is suspected that Mr. Cao Zhihua of Zhihua Group took action to help Hang Seng Bank come back to life and get out of the predicament of the bank run incident.

In the past few days at Hang Seng Bank, people have been waiting at the door of the bank all night long just to withdraw their deposits.
Early every morning, the entrance of Hang Seng Bank is crowded with people. However, thanks to the headlines of today's newspapers, the people queuing up at the entrance of the bank are not as excited as they were in the previous few days.

Everyone is dreaming about the cooperation between Hang Seng Bank and Zhihua Group, and they also believe that with the help of Zhihua Group, Hang Seng Bank will definitely be able to pay all its depositors.
Yes, the citizens of Hong Kong Island may not have confidence in Hang Seng Bank, but everyone has absolute confidence in Zhihua Group and Mr. Cao Zhihua.
This is a tycoon with assets worth hundreds of billions of Hong Kong dollars. He is the only one in the history of Hong Kong Island. He is the first person with such wealth. If he does not have confidence in him, then it is impossible for the citizens of Hong Kong Island to have confidence in anyone.

Not long after, the door of Hang Seng Bank opened.
When the door was opened this time, unlike the previous few days, all the people in line did not huff and puff and squeeze into the bank.

The staff of Hang Seng Bank did not come over immediately to maintain order, and they were moving tables from inside the bank and placing chairs on the front terrace.

All the citizens lining up in front of Hang Seng Bank became more and more relieved when they saw the posture of Hang Seng Bank.
It seems that the news mentioned on the front page of the newspaper is correct. Hang Seng Bank should be preparing for a press conference.

Hang Seng Bank still had a lot of staff, and the venue was arranged very quickly. It didn't take long for the venue for a press conference to be arranged.

Many reporters have already rushed to the press conference one after another.

Now none of the citizens who were queuing up to withdraw money went into the bank to withdraw money.
Everyone was more interested in what information would be delivered at the press conference, so they simply stood there one by one and communicated with each other:

"With this posture, it seems that the news about Mr. Cao Zhihua's action mentioned in the newspaper is true. Now I am not in a hurry."

"Yeah, looking at the staff of Hang Seng Bank now setting up the venue in an orderly manner,

It's completely different from the depressing state of the past few days.

Anyway, I have confidence in the richest man. As long as he really takes action this time, I won't worry at all that I won't be able to withdraw my money. "

"Yes, if Mr. Cao Zhihua really takes action, who will worry about not being able to get the money out.

I just don’t know how Mr. Cao Zhihua took action this time. I’m curious about this, so I plan to watch the press conference first.

Scenes like this are rare. After participating in this press conference, I felt confident after going back. "

"That would be the best if we could meet the richest man, Mr. Cao Zhihua, today.

But a big shot like him wouldn't normally attend such chaotic occasions, would he? "

“It’s hard to say, it depends on how Hang Seng Bank and Zhihua Group cooperate.

If you are very important, Mr. Cao Zhihua is very likely to attend. "

"These unscrupulous newspapers only reported that Mr. Cao Zhihua took action, but they did not report on how he helped Hang Seng Bank. I still feel a little unsure."

"Don't worry, Hang Seng Bank's total assets are only a few hundred million. Adding in the citizens' savings, it's only a small amount. It's not even a fraction of Mr. Cao Zhihua's net worth.
Given his status, since he agreed to Hang Seng Bank’s request for help, he will definitely help Hang Seng Bank survive this crisis.

Otherwise, where would Mr. Cao Zhihua’s reputation as the richest man go?
No more honor and status?So, don’t worry, I also queued up early in the morning to withdraw money, but now I’m not in a hurry at all.

In the entire Hong Kong Island, if Mr. Cao Zhihua, the richest man, cannot be trusted, then there will really be no one who can be trusted in the future. "

"That's right, that's right, Mr. Cao Zhihua is recognized by everyone as a great philanthropic entrepreneur. His company has the best treatment and the highest wages among all Hong Kong companies.

The enterprises associated with Mr. Cao Zhihua alone support more than 100 million people in Hong Kong Island.

My sister’s three daughters all work in Zhihua Group. Each of their monthly salary is much higher than our family’s combined income. I really envy the treatment of Zhihua Group. "Yes, it's true that Zhihua Group's recruitment requirements are too strict, and most of them are female workers."

You know what female workers can do, but male workers can do better. I don’t know what Mr. Cao Zhihua thinks. "

"It is said that Mr. Cao Zhihua's private life is very chaotic. Do you think he is conducting a beauty pageant across Hong Kong Island?"

"Pfft, hahaha, brother, don't make me laugh. As Mr. Cao Zhihua, what kind of beauty can't be found?
Do you still need to find it among female workers?You're teasing me to death,

I am an employee of the moving department of Zhihua Group.
I am not afraid of time to tell you that the treatment of Zhihua Group is indeed very good. We eat in the cafeteria every day, and there are at least 10 kinds of dishes, as well as various snacks, snacks, fruits, and drinks. As long as there is no waste, we can eat whatever we want. be able to eat.

Moreover, the monthly salary for porters like us is thousands of dollars a month. Now you know how good our treatment is.

And I’m not afraid to tell you that the so-called female workers you talk about basically work in the production workshop.

Chairman Cao Zhihua usually has many things to do, so where does he have time to go to the production workshop?

Anyway, I have been working in the production workshop and warehouse for more than five years, and I have only met Chairman Cao Zhihua twice in the production workshop.

There is also a beauty pageant. How about you, who is beautiful?There is no beautiful woman in Hong Kong who doesn't want her to be delivered to her door. I think Mr. Cao Zhihua can sleep with her. This is a good thing to achieve success in one step.

But I've never heard of anyone succeeding.

So please stop joking around. "

"Ah, brother, you work at Zhihua Group?

The treatment is so good, then you should be living a good life. "

“Immediately, it’s a pity that I am only a low-level employee and did not know that Chairman Cao Zhihua had already stepped in to help Hang Seng Bank, otherwise I would not have come at all.

Everyone in Hong Kong may have no money, but money is nothing to our chairman. He has so much money that he can never use it up. "

While everyone was talking, He Shanheng, the boss of Hang Seng Bank, and senior bank officials, surrounded by bodyguards, left the bank and came to the side of the road to wait.

Through mutual communication, the citizens present knew that it was the boss of Hang Seng Bank who was waiting for people on the road in person. The atmosphere at the scene became even more lively, because after everyone saw He Shanheng waiting for people on the roadside, they were even more sure that the richest man, Cao Zhihua, would participate in this event. press conference.

Since Mr. Cao Zhihua attaches great importance to Hang Seng and even came forward in person, the citizens who were queuing up to withdraw money felt really relaxed. With the guarantee of Mr. Cao Zhihua, everyone was no longer afraid of not being able to get their money.

Not long after, everyone saw Cao Zhihua's special car, an extended Rolls-Royce, slowly driving over under the cover of a convoy of more than a dozen cars.

After the convoy stopped, Zhihua Group's security personnel all got out of the car, armed with guns, and began to maintain order, separate the flow of people, and search for dangerous locations on the spot.

After He Shanheng saw that Cao Zhihua's security had done a good job in the current safety work, he led a group of senior officials to the car door and began to greet Cao Zhihua.

After Cao Zhihua waited for the security personnel to open the car door, he got out of the car and stood up.

Li Shengnan and Lou Xiao'e followed behind. Seeing the value of Cao Zhihua's trip, the citizens of Hong Kong Island were too frightened to come forward.
However, no matter how many media reporters there were on Hong Kong Island, they crowded behind the security personnel, stretched out their cameras, and took pictures of Cao Zhihua and He Shanheng.

Cao Zhihua was flashed "click, click, click" by countless flashlights.

I complained in my heart: Fortunately, it is broad daylight. If this was a dark place, my eyes would not be blinded by these reporters.

With the support of everyone, Cao Zhihua came to the press conference booth and waited for the press conference to start.

Under the warm introduction of the host and surrounded by crowds of citizens, Cao Zhihua picked up the topic and began to introduce:
"Gentlemen, ladies, fellow journalists,

This time, excessive development of real estate has caused house sales to stagnate and prices to plummet, triggering a bank run crisis and seriously affecting the credit crisis of Chinese-owned banks among Hong Kong residents.

And all crises are actually very simple, they originate from insufficient liquidity.

The same goes for the Hang Seng Bank run this time.
Journalists should know that Mr. He Shanheng and I have been good friends for many years.
After the run crisis on Hang Seng Bank came out, Mr. He Shanheng found me and hoped that I could help Hang Seng Bank.

After friendly communication between me and Mr. He Shanheng, a series of decisions were reached.
Now I would like to announce the following decision to everyone:
First of all, after friendly communication between Mr. He Shanheng and I, Zhihua Group acquired 2% of the shares of Hang Seng Bank at an estimated price of HK$75 million. From then on, Zhihua Group will have absolute controlling rights in Hang Seng Bank. "

Whether it was reporters or citizens at the scene, they were instantly shocked when they heard the news announced by Cao Zhihua.
This news is so important. Everyone is worried that He Shanheng will not be able to pay for everyone's savings, but will they be worried that Cao Zhihua will not be able to pay?
Obviously, there is no worry that Cao Zhihua will not be able to get the money. At the moment when Cao Zhihua announced that he had acquired a controlling stake in Hang Seng Bank, the run crisis on Hang Seng Bank was over, and everyone was completely relieved at this moment.

"Cao Zhihua, Cao Zhihua, may I ask, after you acquire Hang Seng Bank, will Hang Seng Bank's business strategy change?"

Cao Zhihua heard this question clearly, so he didn't rush to talk about what happened next and answered:

"I personally will not interfere in the specific operations of Hang Seng Bank in the future. From now on, Mr. He Shanheng will still be responsible for the specific operations and development route of Hang Seng Bank. I will fully support Mr. He Shanheng.

Of course, I usually give some personal suggestions to Mr. He Shanheng. For example, the biggest reason for the Hang Seng Bank crisis this time is because of the many large investors who cooperated with Hang Seng Bank in the past.

At this difficult juncture, Hang Seng Bank chose to betray and withdraw its reserve funds on a large scale, causing Hang Seng Bank's liquidity to dry up.

So I would suggest Mr. He Shanheng that for these people or companies who choose to betray at critical moments,
You don’t need to cooperate anymore in the future, and you don’t have to deal with their bank savings business or their bank loan business.

Betray once and never betray. "

The media reporters and citizens at the scene looked at Cao Zhihua in an uproar, feeling that Cao Zhihua's decision was really irrational. There is no need to be angry and affect the business, right?
When He Shanheng heard what Cao Zhihua said, he was extremely grateful. He felt that Cao Zhihua was a real person. He not only gave him power, but also retained his face, and was willing to lose profits just to help himself. He Shanheng The urge to die for a confidant suddenly emerged.

(End of this chapter)

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