The Wealth Empire Crossing the Hong Kong

Chapter 526 The High-level Dispute of Zhongyin Xiangjiang
In the meeting room of the headquarters of Wing Lung Bank, the faces of all major shareholders were not very good-looking, and the cigarettes in their hands were one after another, and the atmosphere was very depressing.

Judging from the results of the visit in the afternoon, whether it is the Donghua Club, the Xinhong Club or the New Asia Club, they all chose to stand by and watch, and did not help at all because they are both Chinese families.

The biggest problem they are facing now is that Wing Lung Bank is in urgent need of cash, and the major banks in Hong Kong have no intention of giving them loans, even if they take corporate shares as collateral. The family either finds reasons to delay, or simply refuses. This time, foreign banks such as Citigroup, Sakura, and Fuji are also dragging their hands in the Xiangjiang branch.

Apparently, all parties have reached a consensus under the collusion of certain forces that they will not provide a penny of cash to their Xianghuahui enterprises during this period.

What Wing Lung Bank lacks most now is cash. At this time, no matter how high the market value of their companies is, it is useless. Wing Lung Bank customers only want to take their own money home to avoid loss of their hard-earned savings. No matter how strong the enterprise behind Wing Lung Bank is.

What makes them most uncomfortable is that most of Wing Lung Bank's customers are employees of companies under Xianghua. These employees are worried about the damage to their assets.

When they knew that they were facing difficulties, these employees, including some executives, had no intention of going through the difficulties with them.

"Yu Gang, Ying Dong, the Monetary Authority has issued a notice to our Wing Lung Bank, if there are still large-scale cases of no money for customers to withdraw at our bank's business locations tomorrow, then our bank will be taken over.

Now we need to discuss whether we can keep Wing Lung Bank, if not, then we need to make preparations in advance to reduce our own losses. "

Now the opponents do not give them any time to relax. Even if they want to reduce their holdings to raise funds, it is more difficult. After all, there are regulations that major shareholders need to report to the exchange three days in advance to reduce their holdings.

As for the sale of unlisted properties, Heung Kong has no capital to take over at this time, and all parties want to see Wing Lung Bank, or even the entire Heung Wah Association, go down.

They believe that once Wing Lung Bank is closed, the other party will inevitably launch an attack on their other industries, such as OOCL, with the purpose of sweeping their Heung Wah Club out of the Heung Kong market.

And unlike Li Jianhui's industries that don't have much debt, most companies in Xianghua Club have high debts, and there is not much working capital in their accounts. It is difficult to help Wing Lung Bank.

Where is it so easy for the Tung Wah Club? Right now Xiangjiang doesn’t have any power to attack the major banks under the Tung Wah Club, it’s because the big banks are not only supported by the Tung Wah Club companies, but also because there are billions or even billions of dollars in the account of Xinjian Investment Company at any time. With tens of billions of Hong Kong dollars, there is no fear of being run on.

Although Wing Lung Bank is currently under tremendous pressure, they dare not allow Wing Lung Bank to close down, otherwise their reputation will be completely stink.

"I know that everyone is under a lot of pressure, and even because of Wing Lung Bank's problems, major corporate partners are also urging everyone to pay today.

But we absolutely cannot allow Wing Lung Bank to be taken over by the Monetary Authority. If that happens, we will suffer a huge blow. "

……

At the same time, in the conference room of Zhongyin Xiangjiang headquarters, high-level executives were also having a meeting, and the topic was also about Wing Lung Bank.

"According to the information just received, no one is willing to help Wing Lung Bank through the difficulties, it can be said that Wing Lung Bank has reached the brink of life and death.

Everyone should also know that the shareholders behind Wing Lung Bank are our staunch supporters. We cannot just watch Wing Lung Bank go down, let alone watch the properties owned by these shareholders go down.

Our bank should act immediately to support Wing Lung Bank and help them tide over this difficulty. "

It's a pity that not everyone at the scene agreed with the deputy general manager's opinion, and another deputy general manager said: "Our actions not only represent the bank itself, but also represent the top management.

The Wing Lung Bank incident is actually the result of capital competition. If we intervene, it will violate the original intention of treating people equally, and it will even arouse some forces' dissatisfaction with us.

I think we should choose to stay out of the matter. We Zhongyin should not and cannot participate in it, otherwise we will lose our special status here. "

It's just that this person's words immediately attracted another part of the high-level rebuttal, bluntly saying that if Zhongyin remains indifferent this time, it will completely chill the people who support them. Once even these people are no longer on their side, then Who will stand by their side in the future.

It's just that this reason obviously can't convince everyone. Some insist that this is a matter of competition among Xiangjiang's internal companies, and they have no reason to intervene in partial gangs, otherwise Zhongyin will surely fall into the target of public criticism.

As the general manager, Wu Aihua also feels a headache when he hears the disputes of the senior management. Personally, he is very willing to help Wing Lung Bank.

But he is the general manager of Zhongyin Xiangjiang, so he obviously can't act according to his personal preferences. As the only financial institution here in the north, Zhongyin not only represents a bank, but also represents the financial attitude of the north, which also makes them do things We must be cautious.

He still knows some news about the situation facing Wing Lung Bank today. Although the Nanjiang Club is the main target this time, the Tung Wah Club, Sun Hung Club, New Asia Club, and even Nanyang Club Xiangjiang members have formed a tacit understanding to sit and watch Wing Lung Bank graduate.

If Zhongyin intervenes to help Wing Lung Bank at this time, it will not only stand against the Nanjiang Society, but may also have a bad relationship with the Donghua Society.

As a permanent resident in Hong Kong, Wu Aihua knows very well that the targeting of Xianghuahui this time is definitely not just about Wing Lung Bank, but more about the real economy under Xianghuahui. Nanlong Bank is just the beginning.

It is not even ruled out that the following conferences will take action at the same time, completely carve up the industries and markets under Xianghuahui, and sweep Xianghuahui out of the game.

"Everyone, stop arguing. The administrative department has sorted out the current situation and the two opinions. I will send them to the capital immediately, and the higher authorities will decide whether to help Wing Lung Bank."

Listening to Wu Aihua's words, the top management headed by the two deputy general managers can only choose to obey at this time. Although they know that Wu Aihua will be transferred next month, but this person is still on this day, he still has the final say.

The Wing Lung Bank incident not only affected the hearts of the major families in Xiangjiang, but after Wu Aihua reported, the core executives in the capital also had to temporarily put down their work to understand the specific situation of Wing Lung Bank and the subsequent impact.

It was not until late at night that Wu Aihua's immediate superior had a phone call with Wu Aihua and conveyed the opinions and decisions of the top management.

(End of this chapter)