When I am reborn in Hong Kong, I just want to lie down

Will the banking crisis happen again?

The line of big blood-red characters on the front page of today's morning paper was so eye-catching that it shocked everyone. Today's media is causing trouble!However, they saw a large amount of data listed in the special issue of this morning's paper. Many of them were illegal loans within banks. No bank was named here. That's what makes it even more scary. All banks in Hong Kong except HSBC, Standard Chartered and Hang Seng. In addition, other banks are all trembling.

"Boss, you must repay that loan as soon as possible, otherwise the bank will have problems." A professional manager persuaded the controlling shareholder earnestly.

"I also want to pay it back. The property market is currently unsaleable. There is a price but no market. Oh, what do you want me to do?"

This kind of thing happens in many banks. Only a few banks comply with modern banking regulations. However, they have also been affected. Many banks have suffered runs. However, most banks are not so panicked this time. They have not reached that stage yet and are moving quickly. Raise funds to deal with this crisis.

Hang Lung Bank is having a hard time this time. They can't borrow money. Last time they were lent too much by Heung Kong Electric, Heung Kong Telephone, Kowloon Bus, China Power, China Gas, Wharf, etc. They borrowed money from other banks or related parties. Fang borrowed too much and now has no money. At the current rate of withdrawing money, their funds will be at the bottom in two days.

The Hong Kong government has paid attention to this and has had a phone call with General Manager He. In order to prevent a banking crisis, the government will take over banks at any time and prepare them to be taken over.

Just when they were struggling, a friend who had a good relationship with General Manager He came to him and asked him if he was interested in selling the bank. The other party could offer a high price, which made him very excited.

General manager He asked: "Tan Sheng, how much does the other party offer?" He was concerned about the other party's bid.

The other party directly quoted: "Five thousand Hong Kong dollars, if possible, they will come over to sign the contract in the afternoon."

He was a little confused. Apart from HSBC and Standard Chartered Hang Seng, who else could spend so much money and invest at least HK$[-] million in the future? He asked another question: "Can I know who the other party is?"

Boss Tan thought for a while and then said: "He Sheng, there is nothing that cannot be said. It is Taiping Bank. They need an old bank to increase their foundation."

Manager He thought for a while, seemed to have made a decision, and said, "I will convene a shareholders' meeting immediately. I can't decide this matter."

Boss Tan saw the other party's look and knew that it was almost done: "Okay, I'll talk to the other party."

There is still one day left before the time stated by the Xiangjiang government. Manager He is very fast. He is also one of the shareholders. The shareholders are also worried about this matter. They are also investing their funds in real estate, but now they have no way to withdraw the funds. .

At the shareholders' meeting, the shareholders gathered together, and those who did not come also sent their heirs.

General Manager He said: "This time there is a problem with the bank, there is a risk of bankruptcy. The Xiangjiang government has proposed a takeover and asked us to solve it before tomorrow, otherwise it will be taken over. Everyone knows that once taken over, the bank will no longer be ours."

"The other party's 5000 million is a bit low, isn't it?" the major shareholder surnamed Chen asked.

"The price can be negotiated. We now have a unified opinion on whether to sell or find a way to save it. Let's vote now. Those who agree will raise their hands." General Manager He simplified things. He was the first to raise his hand.

The others looked at each other and thought that once it was taken over, there would really be nothing left. There were many people willing to take over Hang Lung. After taking over, there would be hundreds of millions more to invest, but not many. Now everyone has invested too much. Money is in real estate.

In the end, everyone raised their hands and approved the issue. After seeing that everyone approved the issue of selling the bank, General Manager He continued: "We don't have much time left now. More and more people are being excluded. The TV station is still reporting that people with large deposits have also come to us and want to withdraw their funds; now we will tell you how much the price is reasonable to sell."

Another major shareholder surnamed Chen said: "It will cost at least [-] million Hong Kong dollars, but the funds cannot be recovered for the time being. When the property market improves, profits will appear."

Other shareholders agreed, and Manager He also wanted to sell at a high price, so he said, "Then let's call them over now to talk."

Soon, a negotiation team from Taiping Bank headed by lawyer Zhang Shan entered the headquarters of Hang Lung Bank, accompanied by a team of financial personnel.

As soon as the two parties met, Barrister Zhang Shan proposed: "He Sheng, in order to solve your bank's crisis as soon as possible, I hope that financial personnel will station in Hang Lung to conduct an audit. Of course, if the acquisition fails, we will not disclose your financial information. "

General Manager He thought for a while, nodded in agreement, and asked the financial director to accompany them there.

A group of people clearly entered the conference room, and the two parties started negotiations. The two parties only had a heated conversation around the price. This was something Li Bu learned from Zhang Shan later. I heard it was really intense. Li Bu's base price was 5 million. Hong Kong dollars are similar to the other party's base price. Zhang Shan can make this decision. If the price is lower than this price, he can get a [-]% commission on the difference.

……

Li Bu was having dinner at the villa in the middle of the mountain. He was leisurely entertaining his four sons. The four women were playing mahjong. The chips were the time that Li Bu slept with him at night. Each person has seven days in a month. These seven days are the chips. Li Bu Watching from the sidelines, I found that these women really know how to play, and they fight like crazy, using all possible means.I heard Junko say: Sister Xiaoshi found someone to learn how to play mahjong.

After hearing Junzi's words, Li Bu really wanted to laugh three times: I actually have such a popular day, haha...

……

At about eight o'clock in the evening, Li Bucai received a call from Zhang Shan. The results had come out. Taiping Bank would fully acquire the old bank Hang Lung Bank at a price of 700 million. After the acquisition, Taiping Bank would inject [-] million yuan in capital. [-] million Hong Kong dollars to Hang Lung Bank.

After a rough audit, Hang Lung Bank found that in addition to the loans from major shareholders, there were also several illegal loans with a total loan amount of nearly [-] million. Others were basically normal. There were also some private agreements among them. As long as they were innocuous, Li Bu didn't care and let them Zhang Shan handles it.

That night, ATV urgently broadcast a news: Taiping Bank acquired Hang Lung Bank at a price of 700 million and injected HK$[-] million into Hang Lung Bank to quell the banking crisis. After the acquisition is completed, Hang Lung Bank will be reorganized. It will merge with Taiping Bank. After the merger is completed, it will be renamed Taiping Hang Lung Bank.

This news is quite sudden. Some old people in the banking industry are reminded of the past when HSBC Bank acquired Hang Seng Bank, but it seems to have nothing to do with Taiping Bank. This time it was caused by the collapse of Xie Liyuan Gold Shop, but the other party was rich and took advantage. .