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

Since the subprime mortgage crisis broke out in North America, Li Bu's expression has been very serious every day. He often sighs and says to women when there is nothing wrong: "The difficulty and impermanence of the world can be seen clearly."

"It's so tragic to see those companies going bankrupt and employees losing their jobs."

"We must work hard to maintain the group and not allow problems to arise in the group."

"Make sure employees can go to work and be paid."

"Tell the executives below that the group will not be unable to pay wages. No matter how difficult it is for management, we must ensure the interests of employees."

Li Bu's words spread out somehow, and everyone was very moved after hearing them. Some people said: "It is a blessing to work for Boss Li!"

On the first Monday of the second month, the management headed by the heads of each company announced that their wages would be halved, and the wages of ordinary employees would remain unchanged. Their group stated that they would advance and retreat together with the group, and their performance would be the same as last year. At the end of the year, employees The bonus will be increased.

In order to express his gratitude to these management, Li Bu said that at the end of the year, the company's performance will be the same as last year. He will reward these management, not only to supplement their salary, but also to reward their contribution to the group.

This picture of a loving father and a filial son... No, this picture of united efforts has infected many people in Hong Kong.

The deposits of Taiping Hang Lung Bank have increased by 80% in the past few days, most of which were transferred from HSBC Bank to Taiping Hang Lung Bank.

People at HSBC Holdings were very embarrassed when they saw this scene. They originally had the idea of ​​lowering employee salaries. Now, should they lower it or not?If it is lowered, people at the top and bottom may be divided. If it is not lowered, a crisis has already occurred this year. The bank's liquidity has decreased too much and is about to reach the warning line. If deposits are lost again, an announcement may be made or bankruptcy may be filed.

Just when they were nervous, something happened again. There was a thunderstorm at the North American Bank they acquired in the last century.

As early as 2004, SITC's mortgage loans reached a very high value, but they did not report it. Then, like other banks, they found these mortgage loans with bond companies and mortgaged them. In exchange for liquidity, their packaging method was relatively low-level, and they did not use derivatives, so they shouldered all the debt themselves.

Now, their bank is now the largest landowner and owns a large number of houses. Those houses are a burden to them. Why were they so obsessed in the first place and how could they lend so many loans?

Now that there is a thunderstorm, they will bear losses of more than 100 billion U.S. dollars. If HSBC bails out, it will have to invest at least several billion U.S. dollars in losses. If not, then they will lose this bank.

They were now in a dilemma, and then something very embarrassing happened to them. The matter of SITC Bank was exposed by the newspaper.The share price of HSBC Holdings fell in response, and the Hang Seng Index also plummeted due to it. HSBC Holdings is a component stock of Hang Seng, and its proportion is very large.

As the saying goes, one wave comes after another, and something happened to Hang Seng Bank. Moreover, the situation was no worse than that of SITC Bank, or even worse, because the loss of assets in their hands was even greater, reaching 200 billion. Dollar.

After Hang Seng Bank's problems were exposed, a run immediately occurred, and many people expressed distrust in this old bank.

The same thing happened in other banks across Hong Kong. There were also long queues in front of the branches of Taiping Hang Lung Bank, but they were not here to withdraw money, but to deposit money. All banks in Hong Kong had bank runs. , how similar is this to past banking crises?

Several banks could no longer hold on any longer and expressed the need to seek rescue from their parent companies.

The same thing happened not only to banks, but also to other financial institutions. A large number of financial institutions also experienced runs, especially fund companies, exacerbating the decline of the Hong Kong stock market.

Similarly, the Hang Seng Index is also falling endlessly and is diving from a high level.

In the Exchange Building, Li Bu, who was on the top floor, looked out the window and said to the people next to him: "The doors on the rooftop of the communication roof of our building are locked."

"It's locked, Li Sheng, and additional security guards have been deployed. Don't let those people commit suicide."

"Well, if you are not afraid of death, why should you be afraid of living? If they are alive, at least they can make a comeback. If they die, who will shoulder the debt? My wife and children?" Li Bu's words made the head of the security department also think frequently. nod.

"You go out first and let the people from the futures department come in."

"Okay, Li Sheng!"

Since Li Bu already knew that a crisis would arise and had a very detailed understanding of the data of these companies, as a person who is not a good person, of course he would seize the opportunity.

"You're looking for us, Li Sheng?"

"Well, you are all here? Sit down."

Li Bu signaled to the bodyguard next to him. The bodyguard understood and pushed out a car with a box on it. Those who came in later put their watches, cell phones and jewelry into small boxes in the box.

Then a female bodyguard came over and scanned them. After the process was completed, the bodyguard next to them turned on a device that interfered with recording and remote monitoring to nip problems in the bud.

Li Bu sat at the front seat and said, "How is your trading situation going?"

"Boss, following your arrangement, we have increased the amount of short orders in the early stage, and will increase our efforts in the later stage."

"You should be careful. Even if it is leaked, I am not afraid. It will only affect my reputation."

Hearing Li Bu's words, they sat up straighter. There are five people here. Each of them has a basic annual salary of HK$500 million. They will receive a large commission for each task. They don't want to lose this job.

"Boss, don't worry, if I know that someone has leaked the information, I will handle it personally." He is the leader of the five-person team, and he immediately expressed his loyalty.

"Well, I believe you won't. I will send additional manpower to ensure your safety."

"Thank you, boss, we won't let you down." Then he put a transaction record on the table and left with the others.

Li Bu said to the deputy security minister next to him: "Send an extra team of people to them to ensure their safety."

He motioned for others to pick up the transaction record book and have it read to him.

Looking at the pile of numbers himself was very annoying, so he naturally asked others to read them to him. Otherwise, what does the boss do? He must have someone else do something for him to show the importance and authority of the boss.

This group of people is really worthy of the basic annual salary of HK$500 million, and they do have a lot of skills. If he were allowed to come, he would not be able to do this.

He nodded with satisfaction, indicating that he didn't need to read any more.