Reborn in Hong Kong: The Tycoon Grows Up

Chapter 525 Xiangjiang enters a bear market

When Bao Zixuan was raising funds to acquire stocks, banks and real estate, some Hong Kong companies and people sold off their assets because they did not understand the current situation, and the number and number of people were very large. Suddenly everyone is rushing to exchange for international currencies such as US dollars and Japanese yen. Of course, gold, silver and precious metals are also accepted.

At this time, the people in Xiangjiang are very sensitive, and any disturbance in the market will arouse their nervous nerves.

On September 26, 1982, the news that "Xie Liyuan Gold Shop" announced its closure shocked the entire Hong Kong. The owner of this gold shop, Xie Zhichao, comes from the Xie Liyuan family, a prominent gambling family. The Xie Liyuan jewelry store with a long history is the Xie family's property. Although Xie Liyuan Gold Shop and Xie Liyuan Jewelry have no business relationship, they both belong to the Xie family. The Xie family’s strong capital, stable operations, reliable reputation, and the brand effect of the time-honored "Xie Liyuan" brand give Xie Liyuan Gold Shop almost the same quality assurance. , and therefore it was very popular in Xiangjiang. At that time, people in Xiangjiang were proud to hold Xie Liyuan gold coupons. You can imagine what kind of waves its collapse would cause!

In fact, Xie Liyuan Gold Shop was looking for death. In the 1970s, the price of gold rose sharply. Xie Liyuan Gold Shop launched the "Qianzu Gold Accumulation Plan": citizens can open gold accounts and buy and sell gold according to the gold price of the day. After its launch, it was very popular among Hong Kong people. Industry insiders estimate that Xie Liyuan Gold Shop has attracted more than 20 million yuan in funds.

However, the paper gold launched by Xie Liyuan Gold Shop does not buy and sell gold in the market according to customer needs, nor does it have a large gold reserve. In August 1982, the international gold price rose sharply, with every tael of gold rising by nearly 1,500 yuan. Xie Liyuan Gold Shop was forced to cover its positions in the market, resulting in poor capital turnover.

After Xie Liyuan Gold Shop went bankrupt, the crisis was passed on to Hang Lung Bank, which had a close relationship with it. Those investors who were too late to redeem gold from Xie Liyuan Gold Shop resorted to the next best thing, waving gold certificates and flocked to Hang Lung Bank like a tide, withdrawing 70 million Hong Kong dollars in one day.

In the previous life, it was the joint guarantee of Standard Chartered Bank and Hua Xia Bank that enabled Hang Lung Bank to survive the crisis and survive for another year. This time Bao Zixuan wanted to know why Hang Lung Bank would give Standard Chartered and Hua Xia Bank an opportunity to take action.

Bao Zixuan personally came to the Bauhaus-Sanderson office of Standard Chartered Bank and saw the arrival of the richest man Bao. Bauhaus-Sanderson quickly stood up and said, "Brother Bao, why didn't you inform me in advance so that I could go and greet you?"

Bao Zixuan: "Let's not talk about false etiquette between us. I came here to see you for something, and I want to ask my senior to give me some face." "

Although I don’t know why Bao Zixuan suddenly came to the door and said that he had something to ask for. However, since the other party can come in person, it is already giving you face. If you disagree, the consequences can be imagined.

After canceling the account at HSBC, part of the funds was deposited in Standard Chartered Bank. At this time, Standard Chartered Bank has already lent out a lot of funds and will definitely not be able to get them back in a short time. If the conditions proposed by Bao Zixuan are not agreed to at this time, Standard Chartered Bank's life in Hong Kong will be very difficult.

Bauhaus-Sanderson: "If there is anything we can do to help each other, we can just tell you something. Or you can just ask someone to convey it to you. You don't need to come in person."

Bao Zixuan felt very funny when he saw this. The Sanderson family had such a low profile. It seemed that Standard Chartered Bank was not having a good time either.

In fact, Mr. Bao's guess was right, in order to desperately prove himself and improve his performance. Bauhaus-Sanderson has issued a large number of loans to real estate companies, and it is estimated that the scale of lending in Hong Kong is smaller than that of HSBC. Most of the funds on the books now are Heiyun Group's deposits in the bank. If Bao Zixuan really wants to pull the plug, Standard Chartered Bank will not collapse. But funds must also be mobilized from the UK, and then the family successor will really have nothing to do with him.

Now that Bao Zixuan can come in person, he still can't stabilize the person. If he really offends someone and closes his account like HSBC, then he will not be far from returning to his hometown.

Bao Zixuan: "Senior should know about the collapse of Xie Liyuan Jinpu!"

Although Bao Zixuan didn't know what he meant by asking this, he still answered truthfully: "Of course, I am also worried about this matter. Don't they all say that Xie Liyuan comes from the Xie family in the gambling city! How can it be so easy to go bankrupt? It seems that sometimes it can't Deceived by fame.”

"Xie Liyuan Gold Shop still has a loan of 10 million Hong Kong dollars in our bank. I have asked people to collect it. I thought that Xie Zhichao's family would always have it if he had no money! But who would have thought that his family would not care about his affairs at all, and Xie Liyuan Gold Shop and Xie Liyuan Jewelry has nothing to do with it yet. Are you angry? Why do junior fellow students suddenly think of asking this?"

Bao Zixuan knew that Bauhaus-Sanderson would not worry about the 1,000 Hong Kong dollars even if he didn't care. He was probably acting for himself. At the same time, they may also be worried that other companies will be like Xie Liyuan Gold Shop. After all, the Xie family failed to keep Xie Zhichao. You can imagine the situation of ordinary businessmen.

Bao Zixuan: "Who will have the greatest impact from the collapse of Xie Liyuan Gold Shop?"

Hearing this, Bauhaus-Sanderson immediately understood that Bao Zixuan's target was Hang Lung Bank. The thing that Hong Kong's banking industry is most worried about has happened. Bao Shaofu wants to set up his own bank, but how can building a bank be faster than acquiring it? This is in line with the style of the richest man.

Bauhaus-Sanderson: "The reason why I came here is because of Hang Lung Bank."

Bao Zixuan: "It's my seniors who understand me. Heiyun is now so big that it's time to set up its own bank. I don't have to tell my seniors to understand this. Heiyun Bank can cooperate with Standard Chartered Bank. I think HSBC is the one." Your worst enemy."

Although Bauhaus-Sanderson is very afraid of Bao Zixuan setting up his own bank, does he really dare to object now? It was this time that prevented them from successfully acquiring Hang Lung Bank. Wouldn't they set up their own bank? At that time, people will be offended to death. Standard Chartered Bank will not even think about doing a penny of business with Heiyun in the future. Bao Zixuan is a sweet-tempered person who doesn't even give Shen Bi and Huifeng face; he is nothing in front of others.

Bauhaus-Sanderson: "Junior, please rest assured that Standard Chartered Bank will not be involved in anything related to Hang Lung Bank. At the same time, the 10% of Hang Lung Bank shares we hold can be sold to you at the original price. Junior may have to eat A little loss."

Everyone knows that Hang Lung Bank is no longer what it used to be, and the stock price will suffer a bit if it moves, but after seeing Bauhaus-Sanderson's statement, Bao Zixuan was still very happy, at least he had secured one.

Bao Zixuan: "Then thank you, senior. I will keep this in mind."

It was already noon, and Bauhaus-Sanderson insisted on taking Bao Zixuan to eat together. After all, someone had just given him enough face, so Bao Zixuan had the nerve to refuse.

The two of them swaggered from the bank to a nearby Western restaurant. In fact, this was all a show designed by Bauhaus-Sanderson.

Xiangjiang citizens who came to handle business saw Mr. Bao and the president of Standard Chartered Bank walking out of the office talking and laughing. The two people must have reached some kind of deal. In this way, Standard Chartered Bank must have received the full support of Mr. Bao. In Hong Kong, that person had more dollars and yen than Mr. Bao, so people who had withdrawn money from other banks began to deposit money in Standard Chartered Bank.

In just one day, Standard Chartered Bank absorbed more than 50 million US dollars in deposits. It can be said that Bauhaus-Sanderson's operation is also very clever.

At the same time, the vice president of Heiyun Group came to Hua Xia Bank Xiangjiang Branch. Her purpose of coming was very clear. She hoped that Hua Xia Bank would not get involved in anything related to Hang Lung Bank.

Hua Xia Bank has no special purpose in helping Hang Lung Bank. It just wants to maintain the economic stability of Hong Kong. Now that Heiyun Group has come to explain the situation, Xiangjiang Branch does not dare to make decisions without authorization. After understanding the situation, the Kyoto Head Office agreed to the Xiangjiang Branch's request and did not provide guarantee to Hang Lung Bank.

From China's perspective, since Heiyun Group intends to take over Hang Lung Bank, it is also a measure to maintain the economic stability of Hong Kong. As for who can stop Hei Yun from entering the banking industry, and who dares to stop it, it is better to go along with it as a favor and make everyone look good.

Zhao Tingting immediately left Hua Xia Bank Xiangjiang Branch. So far, the two backers of Hang Lung Bank have been settled by Bao Zixuan. Next, we need to deal with the British Hong Kong government. If we don't even give them this little face, then we will really be in vain.

In fact, Bao Zixuan has already found good people to lobby, and is waiting to use his power when the Hong Kong government holds a financial meeting tomorrow.

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