The Wealth Empire Crossing the Hong Kong

Chapter 524 Wing Lung Bank caught in the whirlpool

Although due to the influence of Li Jianhui, the depreciation of the Hong Kong dollar is no longer possible, and it is even more impossible to implement a fixed exchange rate with the US dollar, but the incentives caused by the previous life still exist.

On the night of the 6th, many TV stations broke the news urgently, and the Xiangjiang Xie Liyuan Gold Shop announced its closure.

As early as the [-]s, Xie Liyuan Gold Shop opened a business because of the rising price of gold. Citizens can open a gold account at Xie Liyuan Gold Shop, buy gold at the market price of the day, and obtain gold coupons from Xie Liyuan Gold Shop. , At any time, you can exchange the same amount of gold at Xie Liyuan Gold Shop.

If Xie Liyuan bought gold in accordance with the regulations, there is no problem, but this time he closed his business, obviously he did not follow the regulations.

According to the news, Xie Liyuan did not buy gold as required before. Affected by the sharp rise in gold prices in the past two months, the funds in Xie Liyuan's gold shop account have been unable to cover their positions, so they can only choose to close the business.

He patted his ass and declared bankruptcy, but it hurt those citizens who bought gold coupons and the bank that lent money to Xie Liyuan Gold Shop.

Li Jianhui was speechless when he saw the news. The Middle East has not been peaceful for the past few months, and the U.S. dollar has also depreciated. With a little understanding, he understands that gold will rise. Unexpectedly, Xie Liyuan did not cover his position in advance to buy. As a result, the price of gold dropped from [-] in June. The multi-dollar per ounce directly rose to more than [-] US dollars per ounce, thank you Liyuan Gold Shop, whoever loses money.

On the contrary, the securities investment companies of Li Jianhui's major holding groups have made a little money in the past two months.

It's just that Xiangjiang would explode such a big melon. In fact, Xie Liyuan Gold Shop is not very important, and those citizens who bought gold coupons can only consider themselves unlucky.

The most important thing is that Xie Liyuan Gold Shop involved a bank, and this bank is Wing Lung Bank, which is why many TV stations urgently broke the news.

Obviously, each TV station is faithfully implementing the will of the shareholders behind it, and will report and track any news that is not conducive to Xianghuahui's subsidiary.

Looking at the news, Li Jianhui found it very interesting. She didn't believe that it was only the banks under the Tung Wah Club that were facing supply cuts. Now that this big news broke out, she was afraid that Wing Lung Bank would be in danger this time.

I don't know if others will sleep that night, but Li Jianhui slept soundly anyway. After arriving at Wheelock Building with Chen Yulian, Li Jianhui kept a close eye on the follow-up of this incident while reading the newspaper.

This time it's not bad, Li Jianhui didn't go to add insult to injury, as to whether other forces will, that's beyond Li Jianhui's control.

Li Jianhui wanted to wait and see how the gaffe developed, but some people didn't want him to be too quiet. Not long after he arrived at the office, the phone on the desk rang.

"Hello, Jianhui? It's me, Li Guobao."

"Brother Guobao, it's me, what's the matter with you?"

"I believe you have also heard the news. At present, there are long queues at Wing Lung Bank's business outlets. Wu Xuyi, Chairman of the Board of Directors of Wing Lung Bank, contacted me specifically, hoping that Bank of East Asia can provide them with a loan of [-] million Hong Kong dollars urgently. Help them get through this time.

You also know that our East Asian Li family and the Wu family have had decades of friendship. Although the two sides are not an alliance now, there are still some relationships to be discussed. After all, the Wu family also helped our East Asian Li family. "

As soon as Li Jianhui heard it, he knew that the other party was also pushed by this form, otherwise he would not have used his previous friendship to ask Li Guobao for help.

And he believed that Wu Xuyi definitely not only asked Li Guobao for help, but also contacted many forces. As for the members of the Xianghua Club, I am afraid that they will do their best to help. After all, many members of the Xianghua Club are shareholders of Wing Lung Bank .

"Brother Guobao, with the support of Chartered Ship King and others, I am afraid that Wing Lung Bank will not be able to pay it back this time. Since the other party wants to borrow it, then lend it to him. Anyway, there is interest, and this time we can also repay the previous favor. .”

Before Li Guobao called, he was worried that Li Jianhui was going to make trouble this time and completely sweep Xianghuahui out of the financial market, so it was unlikely that he would agree to lend to Wing Lung Bank.

Now he feels much more at ease in his heart, even though the previous relationship has gradually become estranged due to position issues.

But after all, the Wu family helped the Li family of East Asia, if the Li family of East Asia is unwilling to help this time, the reputation of the Li family of East Asia in the upper class of Xiangjiang will be ruined.

This time, Li Guobao also deeply understood the meaning of the most difficult to repay a favor since ancient times. Obviously, now that the two parties are competitors, he has no choice but to lend a helping hand and repay the former favor.

Fortunately, apart from the members of the East China Association, there are only a few of the Li family in East Asia who still owe favors, which will not affect the strategic development of the Li family in East Asia and the East China Association.

In this regard, Li Jianhui is the most relaxed. His rise can be said to be single-handedly, basically relying on himself. Even if there are several companies that take care of him, they are all members of the Donghua Society. This aspect needs to be considered.

Originally, Li Jianhui thought that he would be fine if he hung up Li Guobao's phone, but in less than two minutes, the phone rang again, and this time it was Shen Bi who called.

"Li Sheng, I believe you have already understood what happened to Wing Lung Bank. At present, we have a little more large banks in Hong Kong. It is good for us to reduce one bank. What do you think?"

"Shen Taipan, Xiangjiang aspires to become a financial center comparable to New York and London, and it is necessary to maintain a certain number of large banks.

As for the general public market, I believe that after this incident, Wing Lung Bank's ordinary personal accounts in Hong Kong will be greatly reduced, and its share will be further reduced. We don't need to kill them all.

Moreover, the other party is not a soap bubble, and it is impossible to burst it with a single poke. After all, it has the support of Chartered Ship King, Huo Yingdong, Wang Kuancheng, Cao Guangbiao, etc. behind it. "

I don't know if Shen Bi knows some news that Li Jianhui and others don't know, but I just hope that Donghua Society will wait and see, and don't provide help to Wing Lung Bank. As for the matter against Wing Lung Bank, Nanjiang Society will take care of it.

"I can only guarantee that the Xinjian Department will not intervene. The Bank of East Asia has agreed to lend [-] million Hong Kong dollars to Wing Lung Bank because of their previous friendship. As for whether there are other families and banks that provide funds for Wing Lung Bank or Xianghuahui Enterprises , then I don't know."

Hearing this, Shen Bi was a little annoyed. He felt that if he had contacted Li Jianhui earlier, maybe Bank of East Asia would not have provided funds to Wing Lung Bank.

As for Li Jianhui’s mention of other families and banks, he has already contacted Sun Hung Club and New Asia Club. Both parties have stated that they will not interfere with Wing Lung Bank’s affairs, and will not provide loans to companies under Hong Hua Club in the short term.

Fortunately, only the Bank of East Asia has lent [-] million Hong Kong dollars to Wing Lung Bank on the side of the Tung Wah Association, which has not affected their plans. It is only delusional for the other party to turn the situation around with only this amount of funds.

"I also hope that Li Sheng can communicate more with Li Guobao, Feng Jingyao, and Guo Zhiquan. Only if Wing Lung Bank falls, it will be more beneficial to our future development in the northern market. Otherwise, we can only watch Wing Lung Bank eat meat in the future, and we Maybe you won’t even be able to eat the leftovers.”

Li Jianhui didn't expect Shen Bi to think so far, and now he has his eyes on the financial market in the north, and he also regards Wing Lung Bank as the biggest enemy of HSBC's entry into the north market.

……

(End of this chapter)