I want to be a giant of Hong Kong Island

Chapter 370 [Wu Guangyao's voice! 】

Wu Guangyao is not a well-known British bank such as HSBC and Standard Chartered;
Those Chinese-funded banks on the verge of bankruptcy would never think of seeking help from Wu Guangyao, and would only choose to seek help from foreign-funded banks.

If this is the case, wouldn't it be cheaper for foreign banks such as HSBC and Standard Chartered Bank, allowing them to annex Chinese-funded banks.

Therefore, on February 2th, Wu Guangyao issued an announcement through Hong Kong Island Commercial Radio, "Oriental Daily", "Ming Pao" and other media.

The content of the announcement is:
If any Chinese-funded bank feels pressure from depositors to withdraw funds, his financial situation is worthy of assistance; then China Everbright Bank is willing to discuss with the other party how to help tide over the difficulties.

Announcer: Wu Guangyao!

As soon as the announcement came out, Hong Kong and Kowloon were shocked!

Everyone has never heard of China Everbright Bank, but Wu Guangyao is like a thunderbolt!

Everyone did not expect that Wu Guangyao would join this storm, nor did they expect that Wu Guangyao would be able to deal with this crisis.

HSBC
Sandas smiled wryly and said to the group of executives: "Based on the many years of friendship between Wu Guangyao and I, I never thought that he would do this trick! And although he is rich, how could he have so much cash?"

Shen Bi, who had already been promoted to an executive at this time, said: "Could it be that his goal is to acquire a medium-sized bank with relatively good assets, so let these banks take the initiative to come to negotiate with him, so that he will have many choices."

Shen Bi's words were unanimously approved by everyone!
After all, although Wu Guangyao was rich, it was absolutely impossible for him to prepare a large amount of cash. He was not a god, so how could it be possible that there was a bank run on Hong Kong Island.

Sanders continued: "No matter what Wu Guangyao's purpose is, our HSBC Bank cannot be weaker than him, and we have to issue the same announcement. After all, our HSBC Bank is the overlord of banks on Hong Kong Island. If we do not issue our own statement , does not meet the identity."

Shen Bi said: "Yes, there are still many Chinese-funded banks worthy of our investment! Taking advantage of this wave of crisis, we can control one or two potential Chinese-funded banks, such as Hang Seng Bank. As for those banks that are not worth investing in, Let them fend for themselves and disappear into the long river of history!"

Although Shen Bi's words were ugly, they were the thinking of a normal person!

Thinking in another way, if something like this happened to HSBC, Huazi Bank would applaud loudly!

Aiding HSBC, that's what a sick person would think.

The opinions of the senior officials of HSBC quickly reached a consensus, that is, to show the strength of HSBC in this incident of Chinese-funded banks, and also take the opportunity to control several Chinese-funded banks.

At this time, the Far East Bank of Qiu Degen, the richest man in the New Territories and the tycoon of the New Territories Bank, also encountered big troubles;
Branches of Far East Bank in the New Territories were in a hurry for cash;
Some rural people in the New Territories who did not get the money came to Kowloon by car one after another, causing trouble in the headquarters building of the Far East Bank.

These people all looked anxious and angry, crowded outside the door of the business hall, looking at Qiu Degen who rushed over, full of anger.

Qiu Degen just had to bite the bullet and explain: "The bank has a good credit, and we will never lose a penny to everyone; isn't it better for you to keep the interest in the bank for such a high interest rate? It's really not worthwhile to withdraw it before it's due. .Far East Bank can afford to build a 17-storey building, but will it still owe money? The bank has very strong funds."

It was good that Qiu Degen didn't mention the bank building, but when he mentioned it, he immediately angered everyone.

"Where did you get the money? Your bank building was built with our money!"

"Haven't you lied to us enough? You old man?"

"Shanghainese! What prestige (prestige) do you rely on?"

"Shanghainese guy! When you came to our Tsuen Wan, you couldn't even eat a bowl of beef brisket noodles in your pocket! Today I want you to vomit out what you ate!"

"If you don't pay, I'll smash your bank!"

As soon as the words were finished, a flying stone came from nowhere and shattered a piece of glass in the bank, and the crowd applauded!
The situation is not good, Qiu Degen can only return to the office under the cover of the staff.

The phone in the office kept ringing, and bad news came from all over the place. Qiu Degen could only patiently tell the staff that he must communicate with the depositors and persuade everyone more.

After hanging up the phone, Qiu Degen sat down weakly!
Qiu Degen growled in a low voice:
"What's wrong with us building a bank building? Could it be that the money used by HSBC and Standard Chartered to build the building is not money from depositors, but money brought from the UK?"

"Why don't you people go to HSBC and Standard Chartered to make trouble, you know that you can't get along with the bank opened by the Huaxia people!"

"Could it be that we Chinese people shouldn't eat bank meals?"

Qiu Degen couldn't figure it out, his head seemed to be cracked!
Although Qiu Degen was a tough guy at this time, he didn't cry bitterly, but he was also extremely sad;
Qiu Degen decided to borrow money from his Shanghai fellows and friends on Hong Kong Island to tide him over.

Qiu Degen, will you borrow money?

In fact, the doomed answer is that although fellow countrymen are very important in Hong Kong Island, money is even more important!

Hang Seng Bank
The leaders of Hang Seng looked sad. The bank run is getting worse and worse. Hang Seng Bank is already in danger. Without cash flow support, it will definitely lose its reputation.

Thinking of Liao Chong Hing Bank, everyone was afraid for a while;
Liao Chongxing Bank is still in a half-dead state, and it seems that there is no hope for it to start.

"You said we went to Wu Guangyao for help, what would be the result?" He Shanheng said, now that things have come to an end, we can only plan for the worst.

"Since he was only willing to lend 3000 million Hong Kong dollars yesterday, he will not borrow any more for free! And since he dared to make an announcement in the media, it means that he has a very high cash flow. Isn't he just waiting for this day? ?” Li Guowei said in a deep voice.

After hearing Li Guowei's words, everyone looked incredible!

This person can really be counted in the banking industry of Hong Kong Island. Will there be a bank run?
"Maybe he just wanted to open a bank, so he took out the money stored in other banks and planned to deposit it in his own bank!" He Tian said.

"Probably so! Since he is capable of helping us, let's go talk and see what conditions he has!" He Shanheng made up his mind, instead of waiting for Hang Seng Bank to be severely damaged, it is better to introduce Wu Guangyao as a major shareholder.

"Chairman, HSBC Bank has also issued an announcement, we can also go to negotiate and see who offers the best conditions!" Li Guowei said.

He Shanheng thought about it, the negotiation between the two sides is indeed a good choice.

"Guowei, you are the only one with better English among us, so you go to HSBC, don't promise anything, and see what conditions they propose; and I will go to meet Wu Guangyao to see what conditions he offers; we Compare the two before making a decision.”

After Wu Guangyao made the announcement, some bank bosses approached the headquarters of China Everbright Bank that afternoon to ask for help.

Wu Guangyao and his team already have some knowledge of banks in Hong Kong Island;
Banks with too strong bank style will not be considered;

Non-performing assets and insolvent banks are not considered.

According to the address in the newspaper, He Shanheng found the headquarters of China Everbright Bank, which was only a six-story old building;

But now, it is indeed a safe haven for many bankers!

When He Shanheng came, Wu Guangyao's team happened to negotiate with a small bank;

Everbright Bank invested 100 million Hong Kong dollars to win a bank with 12 stores and originally had deposits of 1 million Hong Kong dollars.

In fact, if Wu Guangyao only wants 51% of the shares, then he doesn't need to pay a penny, just promise the bank to tide over the difficulties!

Seeing the familiar banker being led out, He Shanheng greeted with a wry smile, while the banker sighed.

"Brother He, sit down!" Wu Guangyao greeted enthusiastically, there is no reason to be unhappy when the fat sheep is delivered to your door.

After He Shanheng sat down, he looked at the foreigners and the few Chinese in Wu Guangyao's office, and guessed that these people were the legendary Wu Guangyao's private advisory group in Hong Kong Island.

"Guangyao, let's not talk about the old days, let's go straight to the topic!"

Wu Guangyao nodded and said: "Okay! To be honest, Brother He, I want to open a bank, so I took out all my deposits outside and planned to put them in my own bank. The funds are sufficient, and the total value is much higher." There are hundreds of millions of Hong Kong dollars in British pounds and Hong Kong dollars, and a large amount of gold can be embezzled. Therefore, there is no pressure to deal with this squeeze!"

When He Shanheng heard Wu Guangyao's words, he was beyond surprised!

Except for HSBC and Standard Chartered, Hong Kong Island can get cash worth hundreds of millions of Hong Kong dollars, but others may not be able to get tens of millions of Hong Kong dollars. Is this the strength of the world's richest man?

He Shanheng's mind stopped for three seconds before he calmly said, "What terms do you want to help Hang Seng Bank?"

Wu Guangyao did not speak, but signaled Rong Bensheng to negotiate on his behalf.

"Mr. He, if we guessed correctly, while you are asking for help from us, you are also asking for help from HSBC, right?"

As soon as He Shanheng heard Rong Bensheng's words, his face changed a little. No matter how seasoned he was at this time, he was not the one who held the initiative.

"Yes! Our Hang Seng Bank has good assets, not other banks, so we have the right to choose."

Wu Guangyao and his team made eye contact, everyone can only implement the second plan!
Originally, according to what Wu Guangyao knew in his previous life, HSBC wanted 51% of the shares to provide 'unlimited support' to Hang Seng Bank.

So the second plan is not to set the conditions higher than HSBC, lest Hang Seng Bank will fall to HSBC.

Rong Bensheng said: "We want 35% of Hang Seng Bank's shares, plus the boss's 5% of the shares will not be diluted; we can 'unlimited cash support' (borrow money) for Hang Seng Bank, and at the same time our boss can provide for Hang Seng Bank. The bank shouted; He Sheng should understand that there are tens of thousands of people working for our boss on Hong Kong Island, and our boss’s reputation is no less than that of HSBC.”

"We can also promise not to participate in the specific operations of Hang Seng Bank, and only send three directors to make some suggestions and participate in some decision-making."

(End of this chapter)