A layman in the courtyard

"Mr. Cao, thanks to you coming forward this time, after the press conference, everyone in Hong Kong knew that you deposited 40 billion Hong Kong paper in Hang Seng Bank to cope with the run.

Now Hang Seng Bank has completely emerged from the shadow of the run.

And since you came forward, no media has reported any negative news about Hang Seng Bank. This time the crisis is finally over. "

Cao Zhihua waved his hands with a smile and said:
“Let’s not talk about our long-time friends, we definitely can’t ignore death.

Secondly, I don’t want all the banks in Hong Kong Island to fall into the hands of Eagle Bank.

Once such a situation occurs, our funds are basically under the control of Yingzi.

It is very disadvantageous for all of us Chinese.
So this time, I should take action both emotionally and rationally. "

He Shanheng did not take Cao Zhihua's modesty seriously. Instead, he was curious about Cao Zhihua's ability to easily calm down the backlash from Yingzi Foreign Bank, so he asked:
"Mr. Cao, the Hong Kong government and Eagle Capital Bank are fully prepared this time.

Even if I was sure that I had no ability to resist, no one would dare to come forward to help me.
It means that Hang Seng Bank is already the meat in their mouths. How do you deal with these hungry wolves? "

Cao Zhihua smiled disdainfully and said:

"These white-skinned people are profit-seeking creatures. They forget their righteousness at the sight of profit. It is a bit exaggerated to say that they are short-sighted, but once the benefits are huge, they will naturally be willing to give up something.

I just gave them a bargaining chip to make them more excited. They didn't dare to start a war with me casually, and they couldn't eat me.
So you can only choose to exchange benefits with me. "

Although He Shanheng didn't know what chips Cao Zhihua used to make these white-skinned people spit out all the benefits they had in their mouths,

But we can also see Cao Zhihua’s influence and deterrence.

If it were given to ordinary people, even if they wanted to exchange benefits, they would not dare, lest the exchange of benefits would fail and instead attract a group of hungry wolves.

"Only Mr. Cao in the entire Hong Kong Island has such an ability to snatch food from a tiger's mouth.
Most people don't have this ability and courage. "

Cao Zhihua drank the tea with a smile. He did not continue to answer He Shanheng's words. Instead, after taking a few sips, he said meaningfully:

“Now all the Chinese-owned banks in Hong Kong have been run on.

Many banks have gone bankrupt or are in the process of going bankrupt.

In fact, this is a good expansion opportunity for us, and Mr. He should seize this opportunity. "

He Shanheng knew that this person, Cao Zhihua, was not satisfied with the current scale of Hang Seng Bank and hoped that the bank could expand, so he nodded and said:

“The current banking industry on Hong Kong Island is indeed a good opportunity for expansion as Mr. Qu Cao said.

Don’t worry, Mr. Cao, I will promote the expansion after I return. "

Cao Zhihua waved his hands with a smile and said:

"Mr. He, there is no need for this. I have promised before that you will still be in charge of all matters of Hang Seng Bank.
I just give ideas and suggestions. You can run the bank well according to your ideas. "

Although He Shanheng knew that these were polite words from Cao Zhihua and could not take them seriously, he was still very comfortable hearing Cao Zhihua's words, so he continued to ask:
"Mr. Cao, did such a large bank account really give up like this?

After all, these people all have old connections with Hang Seng Bank.

After the press conference, many people have contacted me and hope that they can continue to carry out financial services at Hang Seng Bank in the future. "

In fact, Cao Zhihua doesn't think highly of the current banking business in Hong Kong Island.

The business method that Cao Zhihua really likes is the way of doing business in the domestic banking industry in his previous life, so Cao Zhihua said:
"Mr. He, since these people can betray you once, they can betray you twice, three times, countless times.

So I don’t feel the need to do any more business with these people.

And I think the operation of the banking industry on Hong Kong Island is very problematic. "

He Shanheng attaches great importance to Cao Zhihua's opinions. After all, Cao Zhihua is a world-class tycoon, and has even been the richest man in the world. His ability and knowledge are undoubtedly great.
So he quickly asked for advice:

"Mr. Cao, please tell me more. It is a rare opportunity like this. I am very willing to listen to your guidance."

Cao Zhihuahai laughed and said:
"Mr. He, you are too polite. When it comes to the banking industry, I am a layman, so we should communicate with each other."

He Shanheng said bitterly:

"Mr. Cao, you think too highly of me. Compared with you, I have lived so long in vain. Please give me some advice."

When Cao Zhihua heard this, he stopped holding back and told some of the practices of domestic banks in his previous life.
“First of all, I think the business target of Hong Kong Island is wrong. Today’s banks on Hong Kong Island basically serve the rich.
I think this business direction needs to be discussed.

Mr. He, think about it, how many rich people are there on Hong Kong Island?

Or are there more ordinary citizens?
I believe it goes without saying that everyone knows that there are many poor people, right?

So are poor people more willing to abide by bank rules, or rich people are more willing to abide by bank rules?
Needless to say, everyone knows that it is always the poor who abide by the rules, and the rich generally want to negotiate terms and conditions with banks and anyone else, right? "

He Shanheng heard what Cao Zhihua said, thought about it, and realized that it was indeed the case, so he nodded and agreed with Cao Zhihua's statement:
"Then here comes the key. In this society, the rich are more likely to default, which brings operating risks to banks.
Or are the poor more likely to default, posing risks to banks? "

He Shanheng could answer this question without thinking, so he said:

"It must be the rich, the poor dare not default on the bank.

Only the rich who have the ability and strength can breach the contract. "

Cao Zhihua smiled and said:

"Then the problem is actually very clear. Compared with the rich who like to negotiate conditions, exploit loopholes, breach of contract, etc. and are not trusted,
Shouldn't it be that ordinary citizens who are honest, responsible and dare not default are more suitable to be leeks and become the main source of income in the banking industry?
Why do banks have to serve the rich?Who made the rules and everyone must abide by them?
Since there is no such thing, why can't banks serve the majority of ordinary citizens?

For example, we can open service outlets and service branches in various streets and alleys on Hong Kong Island.

It is convenient for the citizens of Hong Kong Island to save and withdraw money.

Compared with the money of a few wealthy people, the savings collected from the vast majority of Hong Kong residents should be more than the money collected from the wealthy.So why do we give housing loans to a few wealthy people to earn such risky returns?
Can't we provide financial services to the general public and earn money from honest, responsible and low-risk lending?

Need a mortgage?Car loan?Shopping loan?Credit loan?etc.

That’s why I decided that there is a problem with the direction of banking operations in Hong Kong Island.

There are obviously better ways to attract savings, more profitable ways, and lower risk ways, but you don’t have to.
Instead, choose such a risky business method to make money.

Mr. He, do you think I don't allow these betrayed big players to continue to cooperate just to help you vent your anger?

What I hope more is that you can think carefully about the future direction of Hang Seng Bank's operations. "

After listening to Cao Zhihua's advice, He Shanheng felt as if he had been opened up to the Ren and Du channels, and his whole mind was opened.
He Shanheng was sitting on the sofa, holding a tea cup in both hands, with various thoughts and ideas flashing in his mind.

In the past, everyone ran banks according to the same old model. Everyone was competing with each other to see who has a good reputation, who is a better person, who has better credit, etc. All banks operate in the same way. To serve the rich,

Because rich people have industries and the ability to make money, they are naturally loved by banks.

If in his previous life, the country had not served all the people, provided a lot of financial support to the people, and instead became the most profitable bank in the world, Cao Zhihua would not have discovered the advantages and profitability of this business method.

Cutting leeks, who is not cutting? Why choose a rich man who is difficult to deal with, very difficult, and very capable?

Wouldn’t it be more delicious to cut the leeks of those who lack the ability to resist, are honest and obedient?

Our ancestors have thoroughly studied the skill of cutting leeks long ago. The squire's money will be returned in full, and the common people's money will be divided into [-] and [-] cents, right?

This kind of steady money making, if you don’t do it steadily, choose the hell difficulty to make money.

Taking such a big risk to earn low profits, it’s no wonder that Cao Zhihua doesn’t like the current business model of Hong Kong Island Bank.

He Shanheng sat on the sofa and after thinking for a long time, he sighed deeply and said:

"Mr. Cao, listening to you is better than ten years of studying. He really learned a lesson today.

Your words really opened my mind.

Indeed, as you said, purchasing, storing and lending to the general public not only has low risks and high profits, but also does not need to worry about offending others, and there are not so many worries. It is really a good business direction.

No wonder you are able to make such a huge fortune at such a young age. You have gained a lot of experience. You really gained a lot of experience today.

Mr. Cao, please rest assured that I will definitely follow this direction and carefully formulate an effective business model. "

Cao Zhihua looked at He Shanheng with satisfaction. As expected, there is no simple person who can leave his name in history.

Cao Zhihua felt that compared with these people, he really just had the advantage of being well-informed before his rebirth.

Their abilities in all aspects are really not necessarily comparable to the elites of these eras.

Just like He Shanheng at this moment, although Cao Zhihua pointed out the direction just now, he was able to accurately interpret the advantages and disadvantages of the two directions in such a short period of time.

Be able to prepare and quickly analyze the comparison of risks and profits and make decisions.
Cao Zhihua believes that this ability is really awesome.

It’s no wonder that even though He Shanheng lost his controlling stake in his previous life, he was still able to firmly hold the operating rights of Hang Seng Bank and develop Hang Seng Bank.

And it is precisely people like Cao Zhihua who can take charge of their own work who are the most scarce.

All of this has something to do with Cao Zhihua's management style and length of time.

Cao Zhihua's business model is more inclined to the domestic family business model in his previous life, but Cao Zhihua's employment of people is not just about relatives, but also pays more attention to the use of energy.

In fact, this management model is incompatible with the management models of other enterprises on Hong Kong Island.

Now and even for a long time, society is pursuing the Western professional manager model.

Especially in the first few decades of domestic reform and opening up, the professional manager model was blown away by some overseas turtles and foreign compradors.

Of course, Cao Zhihua does not deny that the professional manager model has its unique business advantages.

However, compared with a series of sequelae such as the decentralization of management rights that emerged later, corporate talents being taken away by professional managers, corporate talents and resources being hollowed out, entrepreneurial bosses being driven away, and entrepreneurial bosses being sidelined, etc.,

Cao Zhihua would rather develop slowly and keep everything in his own hands, lest he have to work hard all his life, and in the end his descendants will not be able to get it, and all the benefits will be given to outsiders.

Cao Zhihua is not as generous as foreign white men. He has worked hard all his life, but in the end he took a sum of money and finally made a wedding dress for capital and professional managers.

Although Cao Zhihua of Hang Seng Bank has decided to let He Shanheng run it, the entire financial department of the bank will be separated and handed over to the financial department of the Zhihua Group headquarters.

This was also communicated with He Shanheng from the beginning.
He Shanheng also understands this and agrees that even if it is a father-son relationship, the finances must be handled clearly.

If He Shanheng is fully responsible for bank operations and can also fully control the bank's financial department, then what is the point of Cao Zhihua's investment in holdings.

As long as you have a grasp of the bank's financial department, you have a grasp of the general work content and dynamics of the bank.

Once an uncontrollable situation arises or threatens Cao Zhihua’s interests,
Cao Zhihua can completely control the funds and controlling rights to bring order to the chaos at any time and return to normalcy according to his own ideas.
Cao Zhihua, who had mastered these two points, was so generous and let He Shanheng do whatever he wanted.

How could a man like He Shanheng not know this? But it was useless to know. Compared with other bosses, the boss Cao Zhihua was very reassuring and generous in delegating power like this.

He Shanheng now only feels convinced and surrendered, without any second thoughts.

After all, Cao Zhihua really saved He Shanheng's decades of hard work this time, and he also allowed himself to continue to be in charge of Hang Seng Bank. What else is there to be dissatisfied about?

Cao Zhihua naturally read He Shanheng's mind, so he was so relieved.

As for whether He Shanheng can maintain such a grateful attitude as time goes by, Cao Zhihua doesn't know and doesn't care. After all, the advantage lies with me. When the time comes, I can just communicate and make adjustments based on the actual situation.
After all, not even dynasties are static, let alone people, so Cao Zhihua never thinks of doing things once and for all.

(End of this chapter)