Hong Kong's new giants

Chapter 640 [Honest Man]

Beginning of November.

Luk Fook Jewelery.

Huang Wei often reported something to Lin Zuhui: "Boss, I got 49% of Xie Ruilin's shares!"

Lin Zuhui was very surprised, did this kind of thing happen?
"What's going on, tell me!"

Huang Weichang had a smug expression on his face. Although he didn't have much opinion on Xie Ruilin, his boss's affairs were naturally his own.

As for the grievances between his boss and Xie Ruilin, he probably also knows about it. It seems that the boss and his wife went to visit Xie Ruilin, and because they didn't buy anything, Xie Ruilin made a weird sentence in the media.As for the specific details, he naturally didn't know, but the result was like this.

Is this a trivial matter?
Of course not, who is the boss? He is the commercial governor of Xiangjiang. Xie Ruilin dares to be weird, isn't he looking for trouble on his own!
Of course, as the richest man in Xiangjiang, the boss will not directly trouble you.

But now that you are in trouble, others naturally don't mind giving you a few knives secretly, so that you can die happily.

"Boss, it's like this: Xie Ruilin and his daughter Xie Yingyi started to speculate in real estate and stocks from 1996 to 1997, and suffered heavy losses in the financial turmoil; Xie Ruilin Jewelry, who bought a large number of properties, is now in debt of 13.5 billion, and Xie Ruilin himself also owes more than 5000 in debt for options. million Hong Kong dollars."

"Xie Ruilin mortgaged 49% of the company's shares he held to the creditor UBS. Recently, UBS planned to sell the shares because Xie Ruilin could not repay the debt. After I heard the news, I immediately decided to buy them all."

After Lin Zuhui listened to it, he suddenly felt a little funny!
Xie Ruilin is really a sad person. His daughter played with him to speculate in stocks, and ended up losing his fortune. Then his daughter immediately left him and went overseas with her foreign husband, leaving her old father alone to bear the burden.

"Although we got the shares, if the Xie Ruilin family sues the High Court, they can redeem the 49% equity right?" Lin Zuhui asked.

Huang Weichang nodded and said: "Yes, after all, this is a mortgaged share, and the mortgagee can redeem it with money. But boss, you forgot that it is illegal for Xie Ruilin and his son to secretly bribe the company."

Lin Zuhui was a little surprised, this Huang Weichang is a capable person, and his work efficiency is really high.

"Have you got the evidence?"

"There is some evidence, but it is enough to report them. The rest will naturally be investigated by the Independent Commission Against Corruption. I believe they will not be able to escape!"

Lin Zuhui was also a little surprised that things progressed so successfully.

Of course, he was not worried that outsiders would think that he was messing with Xie Ruilin. After all, Lin Zuhui was in a high position, and he was completely unaware of what Huang Weichang did.After all, Luk Fook Jewelry is just Lin Zuhui's smallest business, so how could he know about it!

Even if outsiders have any ideas, it has nothing to do with him.

So, in the end, Lin Zuhui said: "Okay, I will leave this matter to you to handle with full authority, just communicate with me if there is any situation!"

Huang Weichang nodded and said, "Okay!"

How things develop, he just needs to watch the show quietly, the left and right are just dealing with a little carrot, and he needs to direct there.

Xie Ruilin jewelry.

Xie Ruilin hastily summoned his son Xie Dafeng, and said in shock: "Dafeng, the Swiss bank sold my pledged shares to Luk Fook Jewelery, what should I do?"

Xie Dafeng was also very shocked, and immediately asked: "Baba, how many shares have you mortgaged?"

Xie Ruilin replied: "All 49% of the shares have been mortgaged! I didn't know it would happen. This Swiss bank is too powerful. I just sold all my shares less than a month after the due date. How can this be done?" That’s right, Luk Fook Jewelery was originally our Xie Ruilin’s deadly enemy, and now that he has 49% of our shares, he is afraid that he wants to annex our Xie Ruilin Jewelry.”

Xie Dafeng immediately came to his senses and said, "It's not Lin Zuhui who troubled you. You talked nonsense in the media back then, so others will not let you go now!"

Xie Ruilin became even more anxious at this time, and kept saying: "How is this good? Has the foundation been handed over for decades? How dare I offend that great god, why is he so stingy!"

Seeing that his father was going crazy, Xie Dafeng quickly comforted him, "Don't worry, Baba. According to the law, we mortgagors have the priority to redeem the shares. So as long as we file a complaint with the court, we can definitely get back the 49% of the shares!"

Xie Ruilin's eyes lit up, and he immediately asked, "Is that really the law?"

After all, Xie Dafeng has studied abroad and is well-informed, so he said: "It should be like this! Although we are the first to repay the loan overdue, we still have the right to repurchase the first. However, the current more than 5000 million We have to find a way to pay off the debts. Let’s forget about it, and go to the court to sue Lukfook Jewelery first!”

The lawsuit between Xie Ruilin Jewelry and Lukfook Jewelery was quickly reported by the media and became a topic of discussion among the public.

"No way, this Xie Ruilin is so miserable, a brand that has been around for decades is no match for a brand that has been around for ten years, and now he has even lost his shares!"

"What are you talking about! What's the use of the old Xie Ruilin brand? Luk Fook Jewelery is backed by the LEIT Group, and LEIT Group is the property of Mr. Lin Zuhui. What is Xie Ruilin, with a debt of 13.5 billion and a market value of just over 1 million Hong Kong dollars, he is almost bankrupt! "

"That's right! This Xie Ruilin is really unlucky. He was worried about making jewelry, but he chose to engage in real estate. The three times he developed real estate, he entered it at the peak of real estate, and then encountered a sharp drop. This is simply the possession of a bad spirit! "

"There were still chances in the previous two times, but this time Xie Ruilin really has no chance. With 13.5 billion in corporate debt and a large amount of personal debt, plus the jewelry industry is also hit hard now, there is no hope of repaying the money, only bankruptcy !"

"Hey, the ones that went bankrupt are not bad. Every day this year, there are companies that go bankrupt, and many individuals go bankrupt every day, and their properties are taken back by the bank. What a pity!"

After Xie Ruilin and his son filed a lawsuit with the court, soon some bondholders also applied to the court to liquidate Xie Ruilin and sentenced Xie Ruilin to bankruptcy.

Because Xie Ruilin had no funds to repay his debts, Xie Ruilin was soon ordered bankrupt, and the Receivership Office had the right to take over and sell his assets.

For a while, the Xie family father and son fell into a desperate situation.

Xie's mansion.

Xie Ruilin and his wife's family got together, and the family fell into an emotional low tide.

In fact, Xie Ruilin has two houses, and the other house is raised in London, and they are in public contact in Hong Kong.Although Xie Ruilin is old, his mentality is not old. Not only does he have a concubine to raise children for him, but Hong Kong media often find that Xie Ruilin is accompanied by his girlfriend.

Of course, as far as Xie Ruilin's wealth is concerned, it does not rank among the romantic and rich at all!

Some media have ranked this matter:

Lin Zuhui is No. 1, No. 2 is Zhao Shizeng, No. 3 is Liu Luanxiong, and then there are Yang Shoucheng, Fang Jin and so on.

Of course, some people also listed Lin Zuhui separately, mainly because of Lin Zuhui's wealth level and his elegant style.

"Babamo must be sad. Bankruptcy is your personal bankruptcy, but Xie Ruilin Jewelry is not yet bankrupt. We still have assets."

Upon hearing this, Xie Ruilin immediately asked, "What do you mean by that?"

Xie Dafeng said: "It's better to go to court again and deal with the two matters separately. You are personally bankrupt, but it does not affect us to recover the 49% equity. It's just that"

"Just what? It's already at this time, and I'm still hesitating!"

"It's just that if the court judges us to win, you can no longer hold the 7000 million shares of Xie Ruilin Jewelry because you are a bankrupt."

Although Xie Ruilin was a bit reluctant, he still understood, so he said: "No problem, as long as you handle these matters well, the shares will be in your name. When I pay off the debts and the company's situation improves, you will put Just return the shares to me!"

He is greedy for power, and Xie Ruilin's jewelry is his lifeblood, and only wealth can allow him to live a happy life, otherwise, does Fengliu still depend on the face of his son and wife?
Xie Dafeng has a relatively honest personality, and immediately said: "It's natural, I just told you not to think about it!"

"What am I thinking about, you are my son, I still can't trust you!"

The two finally discussed a good solution, and then went back to their rooms separately.

Xie Dafeng returned to his room, his wife Qiu Anyi stepped forward and said, "How is it?"

Xie Dafeng said: "It should be no problem. We can get back our family's shares. After all, we have the initiative in the law!"

Qiu Anyi nodded!

Xie Dafeng appealed to the court again, and this time the bankruptcy administrator's office attracted the attention of the media.

In fact, Xie Dafeng was right in thinking, neither Luk Fook Jewelery nor the Official Receiver's Office could win this lawsuit.The court will consider that Xie Ruilin Jewelry itself is the property of the Xie Ruilin family, and Xie Ruilin Jewelry still has a bankruptcy protection period. As long as Xie Dafeng raises a certain amount of funds within a certain period of time and obtains the consent of some creditors, Xie Ruilin Jewelry can continue to operate , and the equity is also in the hands of Xie Dafeng.

However, one wave of ups and downs and another wave, and another wave of ups and downs and another wave of ups and downs.

The ICAC received a report that Xie Ruilin and his son were suspected of secretly distributing tens of millions of yuan in illegal rebates to travel agencies and tour guides, causing an uproar in the media.

In fact, the Hong Kong tourism industry has always had a legal commission system. Industry insiders pointed out that travel agencies sign contracts with jewelry stores, specifying the commission terms, and tour guides’ employee contracts also specify the percentage of commission and the name of the store, etc. .According to the industry, the commission is generally 2.5%~5%, and the travel agency will also report the commission to the tax and face the law.

Some people in the tourism industry revealed that the practice of collecting commissions for tour guides after taking tourists to jewelry stores to shop is not uncommon, but tour guides must obtain the company's permission to be legal, and it is illegal to collect commissions privately.The behavior of Xie Ruilin and his son cannot be compared with legal behavior, and it is already in the category of illegality.

Xie Dafeng is an honest person. After the 'rebate case' broke out, he was no longer as confident as before. Instead, he started to do things for his father and son with anxiety.Although the ICAC is still investigating, he has already felt strong pressure.

Some media began to accuse the behavior of Xie Ruilin and his son, which seriously damaged the tourism development of Xiangjiang. If things go on like this, the tourism industry of Xiangjiang will be severely hit.

At the same time, some media began to conduct in-depth investigations into the practices of local travel agencies with high rebates and exclusive use of mainland tourists, which were reported by the media one after another, which immediately caused shocks in the entire tourism industry.

It was originally a historical problem and has always existed, but some jewelry stores and local travel agencies have gone too far, even using overseas companies to achieve the purpose of bribery, which made things serious for a while.

There are also media reports that several executives of Xie Ruilin Jewelry have resigned in recent years, and then set up a company in Singapore to promote Xie Ruilin publicly. In fact, what they did was a routine of bribery.

in the room.

Xie Dafeng was confused, his wife Qiu Anyi was heartbroken, and quickly comforted him: "This matter is big or small. After all, the evidence is not so easy to get. Don't do this, we still have hope of victory."

Xie Dafeng shook his head, then looked at his wife, and asked, "Do you think that people like me have read so many books and received higher education for nothing?"

Qiu Anyi said: "How could it be? Although we were wrong about this matter, after all, Xie Ruilin Jewelry has been hit hard this year, so you have to use this method to increase your income to repay the debt. Don't be discouraged, Dafeng. This matter will definitely be resolved satisfactorily.”

Xie Dafeng was unmoved, and said in his mouth: "Don't talk about the consequences of this matter, but father offended others, and now there are so many reasons, others will let us go!"

It was the first time Qiu Anyi heard about it, and asked, "Who did you offend?"

"Lin Zuhui! My father offended others twice. The first time he took his messy woman and rushed forward to say hello, and Lin Zuhui also had a female companion, who must be someone else's concubine. Therefore, it caused displeasure to others. My father came back and showed off complacently in front of me. I really don’t know how to write it! The second time, someone took his wife to visit Xie Ruilin. That day, when others didn’t like it, my father was provoked by reporters and said some weird words. Before and after Later, he offended others twice, and Lin Zuhui is a young and energetic master, who has offended many people, such as Dasheng Real Estate, Hysan Real Estate, and even Li Chaoren.

Qiu Anyi suddenly didn't know what to say, she was not stupid, of course she knew what Lin Zuhui represented in Xiangjiang!
Wealth, others are the richest man in the world who can defeat international speculators with the Hong Kong government;

Power, others control the media communication of Xiangjiang, and many officials of the Hong Kong government are invisible shareholders (funds) of others, and they are closely related to the head of Xiangjiang.

Here and there are people that Xie Ruilin's family can offend, and now they have been caught by others, so they are not going to die.

In the evening of the next day, the media broke the big news that Xie Dafeng, the son of Xie Ruilin, went to the ICAC to voluntarily surrender and held a press conference.

At the press conference, Xie Dafeng voluntarily admitted the fact that the father and son bribed local travel agencies and tour guides through overseas companies; he also said that he had a disturbed conscience and was always condemned by himself, so he was willing to bear all the consequences.

For a while, public opinion was in an uproar!
Everyone doesn't believe that there are such honest people in this world?
(End of this chapter)