Siheyuan: The Idiot in Charge

Chapter 286 First Visit to the Far East

The report is written in great detail.

Shi Xinyue is very attentive.

Jia Weidong spent a quarter of an hour reading the report carefully.

"What is the specific situation of each bank now?"

Shi Xingyue said: "Most of them have been acquired by foreign banks, and only a few are still struggling to support themselves."

"Which ones?"

"Youyu Bank, Far East Bank."

Jia Weidong tapped his fingers lightly on the table, thought for a moment and then said:

"The longer it lasts, the better it is. Being able to hold on to the end means that the asset structure is good. Let's choose one of the two banks, Yuyu and Far East."

"Chairman, so far, neither of these two companies has revealed that they are willing to be acquired."

"They can't last much longer. They've persisted until now just to get a good price. In the end, they can't escape the fate of being acquired."

Chu Xiaodan always trusts Jia Weidong unconditionally: "I know! Chairman!"

Shi Xingyue was still a little unsure: "Chairman, do we really want to make an acquisition at this time?"

"Director Shi, have you seen that all the banks are bankrupt and closed now? Why are we still swimming against the tide?"

Shi Xingyue nodded: "Yes!"

"So, let me ask you, why are foreign banks willing to make acquisitions?"

“Are these foreign banks all saviors?”

Everyone: "???"

Several people present began to think deeply.

Savior?

How can it be!

They only have interests in their eyes.

I'm afraid everyone thinks the Chinese businessmen are pigs.

All they think about is whether to kill them early or fatten them up before killing them.

After these Chinese commercial banks were acquired, which foreign bank did not make a lot of money?

In later generations, when the founders of Chinese Merchant Bank mentioned the loss of their equity, which one would not feel filled with regret?

Crying bitterly!

Of course, these are all memories of Jia Weidong's previous life.

Crisis also represents opportunity.

This time, Jia Weidong will take a piece of the pie from these foreign investors no matter what.

Shi Xingyue: "Chairman, all our funds have been invested in the Dongsheng Garden project. The company's account currently only has more than 10 million. I'm afraid it's too far away to acquire a bank."

"Don't worry, Director Shi, funds are not a problem. When the acquisition is successful, I will let you be the president.

"Okay! Giggle."

At this time, the real value of the bank is the license.

As for the assets that actually belong to the bank, there are not many.

Office buildings may be rented.

What banks are doing is just using their customers' deposits to do business.

The reason why they are now being run on, insolvent and bankrupt is mostly because they lent money to real estate companies.

House prices plummeted and many real estate companies went bankrupt, creating a chain reaction.

When a real estate company goes bankrupt, it appears that banks have caused bad debts, but when these real estate companies borrow money from banks, they must have collateral.

It’s either real estate or land.

And these collaterals, which have plummeted in value, will appreciate rapidly in a short time.

As long as depositors are appeased and the people are given great confidence so that they are willing to deposit their money in banks, everything will be solved.

How can we give people confidence?

Or strength, let the people see your strength.

As long as he can get control of the bank, Jia Weidong has plenty of ways to turn the situation around.

If you dare to spread rumors about me, won’t I spend money to hire trolls to build publicity?

Jia Weidong doesn't want to think too much about the tricks banks play on depositors.

Can be taken out and used at any time.

18 Lockhart Road.

"Dabao, second treasure, come here, let daddy hold you."

"Substitute father."

"What kind of substitute father? I am the real father, please call me daddy."

"Daddy."

"Pfft! Grrrrrrrr."

Lou Xiao'e, Chu Xiaodan and Zheng Juan were laughing on the side.

Laughing quiveringly.

Jia Weidong's face darkened and he glared at Lou Xiao'e dissatisfied: "Why are you laughing? What the hell are you teaching these kids?"

"Head of the family, that's what the children of wealthy families in Xiangjiang are now called."

"We are pure descendants of the capital, how can we imitate the people of Xiangjiang?"

Zheng Juan said weakly: "Head of the family, we are from Xiangjiang now."

Jia Weidong pondered what Zheng Juan had just said, and looked at Zheng Juan with a half-smile: "The boss?"

Zheng Juan blushed and said timidly: "Master, don't all the sisters call you that?"

"Right."

"Of course Juanzi is right."

"that is!"

Zheng Juan has now completely integrated into the family.

She also adapted to life in Xiangjiang.

That night.

A long absence is better than a new marriage.

Long drought meets rain.

Naturally, Jia Weidong, Lou Xiaoe and Chu Xiaodan lived a happy and shameless night.

The next day, the sun rose three poles.

Far East Bank Business Department Exit.

The queue waiting to withdraw money was 200 meters long.

Upstairs of Far East Bank, the president's office.

At this moment, Mr. Qiu, the founder of the bank, is on the phone.

<divclass="contentadv">Mr. Qiu is originally from Ningbo, Zhejiang Province.

Born in 1924 in Shanghai, Mainland China.

In 50, he fled to Xiangjiang.

At that time, the "small land" of Xiangjiang was not developed.

Mr. Qiu once ran a small theater in Shanghai and showed slide shows.

With this craftsmanship, he barely managed to gain a foothold in Xiangjiang.

After saving some money, I started to get involved in movie theaters.

From then on it rose step by step.

Mr. Qiu is called "a self-made Shanghai man" by his peers.

After constant scrolling.

In the New Territories, he opened more than a dozen cinemas.

Become the new “movie king” in the New Territories

Then he turned his attention to the financial industry.

"Far East Bank" came into being.

This is the predecessor of Far East Bank, a bank with certain strength in Hong Kong banking industry.

At this time, Mr. Qiu was also in the prime of life.

"Tuk Tuk Tuk"

"Come in"

It was his secretary who came in.

"Chairman, there is a young man visiting who calls himself Chairman of Dongsheng Industrial"

Mr. Qiu: "Dongsheng Industrial?"

"Is it the company headquartered on the tenth floor of Chinatown?"

Secretary: "Yes, Chairman, this is his business card"

"They don't seem to have any money in our bank. Did they say the reason for their visit?"

Secretary: "No, I just said we have something important to discuss."

"Then let them go to the reception room, I will be there in a minute."

Secretary: "Okay, Chairman"

Although Dongsheng Industrial is not well-known in Xiangjiang.

But in the Chinese banking industry, not many people know the strength of this company.

Dongsheng Industrial has its office in the Chinese Bank.

Projects such as Yuen Long Farm and Tung Shing Garden are also not difficult to find.

Many heads of Chinese commercial banks have visited in person.

Mr. Qiu is also one of them.

Get deposits and loans.

It's all about making money.

Not shabby.

If Dongsheng Company came to the door before the bank run happened, then Mr. Qiu must have been asking for it.

Whether you are here to save money or get a loan.

However, Lou Xiao'e and Chu Xiaodan remembered Jia Weidong's instructions and never went to Huashang Bank to open an account.

There is no intention of borrowing money from these banks.

It’s not that Jia Weidong doesn’t support Chinese businessmen.

Because he knew that China Commercial Bank would have such a day.

My own money is not blown by strong winds.

It’s true that you have your own space.

It seems that money comes easily.

But he also bears many dangers that outsiders cannot see.

Mr. Qiu sat at his desk, holding his forehead and thinking:

"Could it be that the funds for the Dongsheng Garden project can't keep up?"

"Shouldn't it? I was rushing to give them loans before but they didn't want them."

"No, there's no way he doesn't know about the current situation in the bank. It's definitely not for loans."

"Is it possible? Let's see"

Far East Bank reception room.

Jia Weidong, Chen Shoushan, Chu Xiaodan, and Shi Xinyue were led into the reception room by Mr. Qiu's secretary.

"Guys, please wait a moment, the chairman will be here in a moment."

"Okay, thank you for your hard work!"

"You're welcome!"

The secretary made tea for the four of them and then exited the reception room.

Among several banks, Far East Bank is Jia Weidong’s first choice.

Therefore, Mr. Qiu became the first person he visited.

A quarter of an hour later.

"I've been negligent in keeping several distinguished guests waiting for a long time. Please bear with me! Please bear with me!"

As soon as he entered the reception room, Mr. Qiu apologized profusely.

He is indeed a man who has been in the business world for many years.

As the secretary, Chu Xiaodan stood up and introduced: "Hello, Chairman Qiu! This is Director Jia from Dongsheng Industrial."

"Dr. Qiu! Hello!"

"Hello! Last time I visited your company, it was a pity that Mr. Jia was not here. Today I am finally lucky enough to see Mr. Jia in person."

"Is this happening? I'm sorry, Director Qiu, I'm still in school and don't often come to the company."

"Dr. Qiu is still in school? I didn't expect Dongsheng Industrial's Jia Dong to be so young. He is really young and promising."

"President Qiu has received the award. You are the role model for our generation to learn from."

"Nowhere, Dongsheng Company is strong, but Jia Dong is the one lurking in the abyss, with a bright future."

"The boy is just making trouble in a small way, but Qiu Dong is a legend in the business world."

"Hahaha"

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