Hong Kong Island Old Events

"The bank's registered capital requires HK$1 million, and a fixed proportion of money needs to be transferred to the Hong Kong Monetary Authority account every month. The bank's registered capital only requires 100,000."

"In addition, interest rates in banks are high, while interest rates in banks are low. Most Chinese savers still prefer to deposit money in banks." Qiu Deyuan has a relative who opened a bank in Shanghai. He has a certain understanding of the banking industry. Since he was in charge of an accounting company, he has become more and more interested in banking. He has a deep understanding of the banking industry in Hong Kong Island and has taken the initiative to inquire about relevant information.

Historically, he entered the industry of upper-class corporate bosses by founding the "Far East Bank", and the chairman of the Far East Group has become his biggest brand.

He Dingxian heard that Qiu Degen's speech was very tactful. It was just that he did not even have the capital to register a bank. At present, the banks on Hong Kong Island were still reserved for major foreign banks. Except for a few outstanding Chinese businessmen, no one could get involved.

In addition to targeting different groups of depositors, banks and banks actually rely on reputation endorsement and their storage methods are roughly the same.

In the era before electronic systems and ATM machines, when you go to a bank or bank to deposit or withdraw money, you either use paper accounts, checks, etc., or you use bank notes. There is no essential difference between the two. Banks have registered checks and bearer checks. , bank cashier's checks, banks also have fixed-amount and non-fixed-amount bills of exchange, etc. The Hong Kong dollar itself is a "bill of exchange" endorsed by the Hong Kong government with credibility.

The Hong Kong government itself does not print Hong Kong dollars. The three major note-issuing banks need to use "full foreign exchange" to purchase "interest-free bonds" from the Hong Kong Government's Exchange Fund to obtain the quota for printing money. It is commonly known as "how much foreign exchange is paid to print as much money as possible", which is a little bit of water. None of these are equivalent to giving up the government's "water injection right" to print money. This is also an important reason why the Hong Kong dollar has always been strong.

Currently, the three major note-issuing banks in Hong Kong are "Standard Chartered", "HSBC", and "Easy". The former note-issuing bank is also "California Bank" and a fully British-owned bank from India. However, due to its financial background, The operation failed, and the company closed due to the failure of the Ceylon Coffee harvest. It was acquired by HSBC and listed on the back door. In other words, HSBC itself did not have the right to print money, but just stole the chicken from "California Bank".

Advantage Bank is also a fully British-owned bank and will lose its right to issue banknotes in the future and will be replaced. Only HSBC is a mixture of British, American, German and other capitals. It will continue to increase its shares, add Chinese capital, and even state-owned capital. Stay there until the next century.

"HSBC" is a successful representative of capital without borders. It is undoubtedly full of the profit-seeking attributes of capitalism, but it is undeniable that it is a heavyweight player in the East Asian banking industry.

He Dingxian nodded slowly: "Okay, Lard Boy, go to the account and transfer 130,000 to Mr. Qiu, and recruit some people to run the bank."

"Rent a house in a good location and put it in Mong Kok District to decorate its appearance."

Lardboy sounded excited and agreed happily: "I know, big boss."

Qiu De even swallowed his saliva, unable to contain his excitement.

People who come out to work are not afraid of a tough boss, but they are afraid that the boss has no courage and will spend their whole life doing small business with no future!

The big boss is risking his fortune and life to rush forward and use the people under his control. Naturally, all of the younger brothers will have a chance.

If he had stayed in the movie store working for the Shaw Brothers, he would have been a small manager all his life, but now he would become a bank owner.

Just like when the war starts, the opportunity to get promoted and make a fortune, and have a wife and a cute child will come!

"Big boss, I will manage the bank account carefully." Qiu De even said.

He Dingxian nodded slightly: "The accounting team will select a few willing people to work in the bank. They will not only settle the accounts when running the bank, but also choose a trustworthy person to continue to manage the accounting company."

Qiu Degeng said: "Don't worry, big boss, I will make good arrangements for the accounting, and I will continue to keep an eye on it in the future."

The accounting company now handles business throughout Hong Kong Island, plus Kowloon Mong Kok, Sham Shui Po, Yau Ma Tei, and Kowloon Tong, and the monthly water collection amount is 10,000 to 20,000 yuan.

The size is a piece of meat and cannot be given up easily.

"Go out and get busy. Leave the matter of collecting savings to me. Get the rest of the business done as soon as possible. The bank will definitely open within two months."

He Dingxian set a time and said slowly: "We want to enclose the land and compete with silver bullets!"

"We will fight him to the end!"

"Yes, big boss." Lardboy and Qiu Degeng agreed, and stood up and left the office together. They had just walked out of the mission building door, Qiu Degen raised his head and glanced at the sky. When he lowered his head, Lardboy He held his shoulders and said loudly: "Sheng Qiu, you are so prosperous!"

"Brother Zai, don't laugh at me. If I don't help the big boss win this battle, I'm afraid we will sink into the sea together with the big boss." Qiu De even shook his head and smiled bitterly.

Lardboy's face was piled with fat, and he smiled cruelly: "I've gambled my life. If I succeed, I will soar to the sky, if I lose, I will be completely defeated. Relax..."

He understands the big boss's business vision better than anyone else, and he firmly believes that since the big boss dares to bet, he must be sure of winning.

"You just need to remember that in Hong Kong Island, whatever Mr. He likes will belong to Mr. He sooner or later."

When Qiu De heard this, the hair on his body stood up, and his heart felt like an electric shock. He was stunned for a moment, and then nodded: "Yes, Brother Zai is right."

"Let me tell you something. Did you see Akun who was squatting in that corner, drinking Coke and reading the newspaper?" Lardboy suddenly glanced towards the street: "He has been reading newspapers in Taiwan recently. He knows why. What?"

"Why?"

"Because he heard that the big boss wanted to buy the copyright of martial arts novels, he followed the big boss's example to buy the copyright, but he didn't dare to compete with the big boss to grab the territory of Hong Kong's literati, so he secretly read Taiwanese newspapers. Recently, Taiwanese newspapers have also begun to imitate Hong Kong's serialization Martial arts novel.”

"Last time, he collected 2,000 yuan and mailed it to Taiwan to buy the copyright of a film called 'Wolongsheng'."

Qiu De even looked stunned: "You have a brain."

"It's useless to have a brain. There are many smart people in the world." Lardboy sneered and said in a meaningful tone: "The smarter the person, the more he thinks, the easier it is for him to make mistakes and act blindly, but in the world, there is no intention." There are few people, and you lack A Kun’s heart.”

"Care for the big boss!"

Qiu Degeng's expression changed again and again, and his eyes were very complicated. After a long time, he looked back and nodded heavily: "I will learn from him."

"Did the big boss tell me what the name of the bank account was?" Lardboy suddenly asked.

Qiu De shook his head and nodded again: "Although I didn't say it, it's like saying it without saying it. Oriental Bank and the big boss's business names all have the same name."

"Just remember, this is the big boss's mind and ambition. Some things can be done without the big boss talking about it, which will make the big boss feel more comfortable." Lardboy is really a smart and clever person. He patted Qiu Degeng on the shoulder and finally He said: "Congratulations to you, you have been reused under the big boss. Now you are the Oriental Bank, and you may be the boss of the Oriental Bank in the future."

Qiu Degen also laughed out loud, thinking to himself: "If that day comes, I will not rush into the foreign market. Being the president of the Oriental Bank is much more prestigious than being the comprador of a foreign bank. It can be used for generations to come." ! Just by his name, he belongs to a wealthy family."

Lardboy really thinks that Qiu Degeng will have a more promising future than Wu Shihao, but for now, the most promising person under the big boss is himself!

The second one is Ni Kun. It’s not that they have any special abilities, but because they are closest to the big boss. As the big boss’s “secretary” and “driver”, the two of them are born to be the big boss’s shadow. Naturally, they are more powerful than the big boss. Others are much more promising.

Although the outside world thinks that Lardboy is a rent collector, he has secretly set himself a higher level. Being a rent collector is just a job, and being a secretary to a big boss is the ideal!

He Dingxian was sitting in the office, thinking about running a bank account, and maybe it could be turned into a bank in the future.

Although the bank industry has always had a market in Hong Kong Island, it will gradually transition to underground banks in the future, and regular business will be seized by banks.

Banks have natural advantages in publicity, deposit-taking, and investment. Even if they are supervised by the Financial Bureau, their income can be hundreds of times greater than that of banks.

Banks are destined to only operate in Hong Kong on a small scale, but banks can do business all over the country and overseas. The 1950s and 1960s were the era when the banking industry was on the rise. Because of the connection between the shipping industry and the real estate industry, financial demand was strong. The banking industry has been developing without any stagnation in the past few decades, and after the reform of the Mainland, Hong Kong Island is destined to be the financial window. In a city known as the "Wall Street of the East", it would be foolish to work in the banking industry instead of banking.

Of course, in the era of crazy expansion of the shipping industry and real estate industry, coupled with the turbulent international situation, financial crisis and other reasons, there were almost stock market crashes and bank failures in the 1960s, 1970s, and 1990s. With his understanding of history, It is not a big problem to avoid the financial crisis by appropriately controlling the scale of investment due to the sensitivity of the trend.

If the Oriental Bank can really get started, it might still have a chance to obtain the "right to issue banknotes." At worst, it can follow the example of "HSBC" and go public through a backdoor. At the worst, it can use its identity as a patriotic banker and wait until 1997 to buy a license.

The "right to issue banknotes" itself is not profitable, but a bank with the "right to issue banknotes" has a great reputation and is trusted by the public, and its speed of attracting deposits is very crazy.

This is also the reason why the "note-issuing bank" is always the bank with the top capital.

However, the advance of everything is the success of the "hospital field war". Otherwise, the funds cannot be withdrawn, the interest cannot be cashed, and the bank will go bankrupt in minutes.

The rise and fall of banks and banks in the banking industry is very common. After big and small banks exploded, account funds could not be cashed out at all.

Because banking itself is a financial game, and formal banks have a healthier system under certain supervision, it does not mean that they will not fall into a "Ponzi scheme."

If a large-scale investment fails, the bank fails to operate, and a run occurs, the relatively healthy capital chain can be cut off. To use a malicious word to describe it, all financial games are "Ponzi schemes", which are nothing more than simple and complicated. The difference is the problem of game characters.

The essence of cyclical financial turmoil is to pop bubbles and expose some scams, so that the remaining scams can continue to be played...

He Dingxian did not deliberately conceal the news of setting up a bank, so when Qiu Degen was preparing to open the bank, relevant rumors spread in the business world, and there were many well-informed people in the police circles who got wind of it.

Shanghai Street.

Yongxing Tea Restaurant.

He Dingxian looked at the master in front of him and said with a smile: "Brother Li, are you interested in starting a bank together?"

Chen Li was wearing a green uniform, put a police hat on the table, and shouted loudly: "You really came to see me?"

"Hey, Master, let's make a fortune together." He Dingxian handed over a cigarette and said respectfully: "If I have a chance to make a fortune, can I forget you?"

"You remember me, I really need to thank you?" Chen Li smiled, holding a cigarette between his fingers, looking at him carefully: "However, you are really nice to me. Since you didn't ask me to save money, you asked me to do it together. Bank."

"What can I do?"

He Dingxian also picked up a cigarette, puffed lightly and said, "Take fifty thousand yuan and count your two points of shares. In the future, the bank will pay dividends based on shares every year."

"So simple?"

Chen Li didn't believe it and said frankly: "When someone said you were going to set up a bank, I was thinking, how are you going to make money?"

"If you don't have the endorsement of a big shot, or if you are a time-honored brand that has been in the banking industry for more than ten years, you can often only do small business of loan sharking and pawnbroking, and then use your reputation to grow bigger step by step."

"But if you want to do this kind of business, just find someone to do it in the jurisdiction. There is no need to use your own name." He paused and chuckled: "Since you have used your own name, you must be targeting the police force. He did it himself."

"Then it must start with me!"

He Dingxian smiled helplessly: "Everyone knows your relationship with me. How can anyone believe that you don't come to deposit money when I open a bank account?"

Chen Li nodded as he should: "That's right, so I have already prepared 100,000 yuan to support you."

"But I didn't expect that I would be asked to buy shares. You are on the radar of the Yau Ma Tei police station. Tell me what to do."

He Dingxian brought the lemon tea to his mouth and took a sip. Fang said: "It's very simple. The bank wants to grow bigger, but I don't have enough branding alone."

"I want to attract all colleagues from Chaoshan and above to be detectives, with all Chinese police officers in Hong Kong as the first and most important group of customers."

"In order to gain the trust of the Chinese police, it is best for all colleagues above detectives to hold shares. I plan to share the cake."

"Chief Inspector Hua needs to have it, and so do the detectives. This can be as short as five years, or as long as ten or twenty years. As long as Inspector Hua's power is still there, the bank's credibility will be guaranteed, and everyone will make money. "

If it is a personal business in a certain industry, his character will definitely be reluctant to share it, but the banking industry itself is a partnership business.

From the beginning of its establishment, it needs to have the attribute of "raising funds". Every step of expansion and growth requires continuous increase in shares. There is no bank owned by an individual in the world!

Therefore, he is willing to take out this business and share the cake. As long as he can make the bank bigger, he will make a profit!

Chen Li said thoughtfully: "No one in the Chinese police has ever run a bank, and no bank can do the Chinese police's exclusive business. If you do it this way, you will definitely have a chance."

"Not to mention that the Chinese police are all rich, but at least they have enough to eat and some savings. It is not difficult for thousands of Chinese police to collect hundreds of thousands in savings, and there will be more and more in the future, even millions. Maybe, but can a deposit of several hundred thousand satisfy your appetite?"

He said with piercing eyes: "Are you eyeing the police force's fees and the tens of millions or hundreds of millions of fees from senior officials?"