Reborn in Hong Kong: The Tycoon Grows Up

Chapter 552 Absolute Strength 4

Governor Yoder doesn't want to waste time on the HSBC enemy incident. If it doesn't happen, he can do anything to prevent it. Now that things are a foregone conclusion, we can only think of ways to make up for it as much as possible, instead of thinking about how to suppress HSBC. This was not his original intention, nor was it the result he wanted.

Now when I hear Shen Bi say this, it feels very reasonable. It seems that Shen Bi is not useless and can still come up with ideas at critical moments. He also didn't think that all this trouble was caused by HSBC. Without the support of HSBC's 100 billion Hong Kong dollars, Morgan Bank would have retreated long ago.

Youde straightened his clothes and said: "Now we are really not thinking about pursuing responsibility, but thinking about how to solve the current predicament. The Hong Kong dollar is depreciating every moment, and we need everyone who has the money and strength to raise the Hong Kong dollar exchange rate. At the current rate of depreciation, it won’t be long before the Hong Kong dollar becomes useless paper, which is a disaster for ordinary people in Hong Kong.”

"Bao Sheng is the richest man in Hong Kong, and Black Cloud Bank has recently absorbed a lot of foreign exchange deposits. I hope you can put aside your prejudices and join HSBC to fight against powerful enemies."

Bao Zixuan heard that he was named, so he smiled and said: "I have some funds to support one, but I can't guarantee whether HSBC will still be behind it. Opponents are not scary, but allies who stab you in the back are scary." Heiyun refused to take action and did not dare to take action when HSBC could not guarantee that it would not stab him in the back."

Hearing him talking about himself again, Shen Bi wanted to get angry. But I also know that now is not the time. When HSBC calms down, it will make Bao Zixuan look good and suppress the arrogance of Heiyun Bank.

When Bao Zixuan said this, other bank leaders also agreed. These are the ones who don't want to pay any more. Whoever wants to get ahead if he can hide for a while, Bao Zixuan's target is too big and there is nothing he can do.

Yoder heard that it would be easy to handle if there were funds. We really need to control HSBC. Otherwise, as Bao Zixuan said, there is something behind the scenes, and Hong Kong's economy will really be hopeless.

Youde: "How Mr. Bao wants to control HSBC, as long as his opinions are reasonable, the Hong Kong government will definitely support him."

Bao Zixuan: "HSBC can now declare a holiday and not conduct any external business during the ICAC investigation. Only in this way will we have no worries. At the same time, all foreign exchange in the HSBC vault will be withdrawn and handed over to the Hong Kong government for disposal. Of course, this behavior It’s short-term.”

"To put it bluntly, I just don't believe in HSBC. Without HSBC joining the Hong Kong dollar, the Hong Kong dollar would be stronger."

Hearing this, Shen Bi finally couldn't sit still and stood up and said: "Bao Zixuan, don't you think this is too much! HSBC's failure to handle business will have a serious impact on the bank's reputation and will cause depositors to lose trust."

Everyone present did not expect Bao Zixuan to be so ruthless. Without HSBC's participation, the Hong Kong dollar exchange rate could really be stabilized, and everyone was unsure.

Youde: "The current economic environment in Hong Kong has already made investors sneer. If suspending HSBC will make the current fragile Hong Kong economy worse, should we give it careful consideration?"

Bao Zixuan: "I said this is a short-term behavior and it won't last long. After all, HSBC is doing something like providing funds to its opponents. What should we do? Don't tell me guarantees, because we people have to spend real money We are fighting against international hot money in the market. Once HSBC makes a mistake this time, or someone below makes a mistake, our losses will be tens of billions of Hong Kong dollars or more."

"If the Governor can guarantee HSBC, I will choose to believe it. However, I will not do my best to maintain the stability of the Hong Kong dollar exchange rate, which means I can only contribute half of my efforts. Otherwise, if HSBC turns against me, I will not even have a chance to stand up. "

"Please consider carefully, Your Majesty the Governor, how can the people of Xiangjiang trust you if HSBC encounters problems after the guarantee. These are not alarmist words on my part, but facts that may happen."

Shen Bi: "I can assure you that similar problems will never happen again at HSBC. If it happens again, I, Shen Bi, will take the blame and resign."

Bauhaus-Sanderson doesn't want to lie in this muddy water. Who dares to believe Shen Bi's guarantee? So he said: "What Mr. Bao said makes sense. I don't believe in the credibility of HSBC. After all, if something happens in one, it may happen in two or three. But you can exchange the foreign exchange from HSBC into Hong Kong dollars and deposit it in the bank." , This can also alleviate the downward trend and speed of the Hong Kong dollar."

Almost all banks had the same idea, and Bao Shaofou actually dared not to bring HSBC with him. That means there must be countermeasures in place. After all, Heiyun Bank still needs to take out the bulk.

Shen Bi: "I can't agree to this. It must be reported to the board of directors."

Bao Zixuan: "I'm sorry I can only come here today. Neither the Governor nor HSBC are optimistic about Hong Kong's economy. What can I, a businessman, do."

Yoder: "If I follow what you said, can we guarantee that the Hong Kong dollar credit system will not collapse?"

Bao Zixuan: "I will use all my foreign exchange reserves to fight against the international hot money led by Morgan Bank. If I don't succeed, I will suffer. In other words, if this fails, Black Cloud will lose at least 20 billion US dollars."

Hearing this, Youde seemed to have made a great determination, so he said: "HSBC must convert all the foreign exchange it holds into Hong Kong dollars, and then suspend business for rectification. The Hong Kong government will notify you of the specific time for opening. At the same time, all Banks can supervise this matter."

Of course, Shen Bi could not agree to such a decision, so he said forcefully: "The Hong Kong government has no right to do this. Any business behavior of HSBC is its own internal matter; other institutions have no right to dictate HSBC's operations."

Shen Bi's meaning is very clear, that is to tell you that no one can control HSBC's affairs, not even the Hong Kong government. This made Youde very angry and said indifferently: "Shen Daban, you may have forgotten. Of course, I, the governor, can't do anything about other banks, but as the quasi-central bank of Hong Kong, I need to cooperate with some of the Hong Kong government's governance policies and financial actions."

"I advise you not to resist in vain. Shen Bi is also responsible for the Hong Kong dollar falling so sharply. As for HSBC's foreign exchange, I will ask other banks in Hong Kong to exchange it, provided that the Hong Kong dollar crisis is over. After that, everyone has no objections!"

Bao Zixuan said: "I agree with the resolution of His Excellency the Governor. At that time, Heiyun Bank will definitely give HSBC any foreign exchange they need, as long as it is the foreign exchange we have in the bank. Maybe HSBC can still make a profit after this crisis is over. That’s a lot of money! I’m very confident in the Hong Kong dollar, especially now that it will definitely appreciate without anyone holding back.”

Bauhaus-Sanderson said with a smile: "I also fully agree with the Governor's statement. When the crisis is over, Standard Chartered Bank will also be willing to fully assist HSBC in whatever foreign exchange it needs."

"Daban Shen will take a break this time and give us juniors a chance to practice."

Seeing how confident Bao Zixuan was, Bauhaus-Sanderson also expressed optimism about the Hong Kong dollar crisis. Mr. Bao has never done anything that has led to a loss, and today he got 5% more minting rights, which is a big improvement. At least being able to be on par with HSBC in terms of minting rights is a dream that has not been fulfilled by the Sanderson family for generations. Now that it has been realized in his hands, his status in the family has risen by more than one level.

Shen Bi saw that it was done and left, knowing that Governor Youde had made up his mind. Only then did I feel that Bao Zixuan had already known about HSBC's lending of funds to Morgan Bank. It turns out that he didn't stop it but allowed the deal to be completed. Could it be that this kid really had some backup or strong support? This young man is getting more and more scary. It seems that he will have to be more alert when facing him in the future.

Governor Youde immediately arranged for personnel to conduct an inventory of HSBC Bank, which can be said to be very fast. What was even faster was that Pu Wei Shi and Mo Keyuan were already drinking tea at the Independent Commission Against Corruption. Youde was also worried that Pu Wei Shi was colluding with Shen Bu. It wouldn't be good if he overly favored Shen Bi in front of so many people. Who wouldn't be a little angry?

Now Shen Bi has changed some of his thoughts on whether it is worth spending such a large price to acquire Bank of America. At this time, I am no longer as optimistic as before. HSBC has lost too much this time, and it remains to be seen whether the board of directors can overcome this hurdle.

Now we can only hope that the US market will not let us down. HSBC's globalization is imperative. The return of Xiangjiang is an unavoidable topic. He always believes that the pain is temporary and will not exist after HSBC has digested Ocean Mile Bank. It can be said that Shen Bi is also a very stubborn person, and he can't say whether he is right or wrong in handling this matter.

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