Hong Kong's new giants

Los Angeles.

"Wen Jie, this is my colleague Jones"

Lin Wenhua was happy to introduce his colleagues at uber to Lin Wenjie. Uber was founded in July, and the APP is still in preparation. Of course, there are also operating vehicles. In short, he is very confident, because his old bean taught him the "invincible secret".

Lin Wenjie greeted the people of Uber in a friendly manner, with a calm demeanor without losing the vigor of a young man. He is the child of Lin Zuhui who has been with him for the longest time, and naturally he is also the son that Lin Zuhui looks forward to the most.

When he came to Lin Wenhua's office, Lin Wenjie joked: "Second brother, you don't look like starting a business. Look at Jobs, Bill Gates, Bezos and other technology tycoons, all of them started their businesses in garages. Look at Uber, the office building is spacious , The environment is good, not like a start-up company."

After entering the list of family office members, they are ranked according to age. Lin Wenyi from the Cai Ning family is the eldest, Lin Wenhua from the Guan Jiahui family is the second child, Lin Wenjie from the Wang Ling music family is the third child, and Lin Shiwen from the Wang Zuxian family is the fourth child.
Lin Wenhua welcomed Lin Wenjie on the sofa, then grabbed his shoulders, and said nonchalantly, "Didn't I earn $60 in the stock market? It's not that I don't have money!"

Lin Wenjie said in admiration: "You are amazing, you can get out of the stock market disaster!"

Lin Wenhua became complacent, and then said: "Isn't that right? I emptied my stocks before November last year, and the global stock market crashed soon after. Fortunately, I got out in time. Otherwise, if I borrowed the 11 million US dollars from my mother, I am afraid that only 100 million will be left. , on the contrary, it would be a loss."

Lin Wenjie sincerely admired again: "Then you just cashed out at the peak time, a bit like Baba's style, you are a small stock god!"

It's okay not to mention Baba, but when Lin Zuhui is mentioned, Lin Wenhua doesn't dare to lie anymore.

He smiled embarrassingly and said, "I was the one who warned me, and this uber company was also suggested by me!"

Lin Wenjie immediately punched Lin Wenhua, and said with a smile, "Second brother, you've been bragging for months, and now you're finally telling the truth."

It turned out that after graduating in June, Lin Wenhua made a big fuss in the circle of brothers and sisters. He made a fortune of 60 dollars in the stock market and then retreated. He started Uber and threatened to change the taxi industry. In front of a few adult brothers and sisters, he was a big show off.

"Isn't it because I'm worried that you will pass this on to Baba and the mothers? Then I will be ashamed!" Lin Wenhua could already imagine the scene of his mother pulling his ears.

"Then don't worry, Laodou won't stand up, and neither will Second Mom. If you don't say it, no one will know."

When Lin Wenhua heard the words, he immediately thought of the key point. Lao Dou would definitely not expose it, because he didn't care, and he didn't want to take credit for it; and mother naturally wouldn't expose it either. The son is useful, so there is no reason for her to talk nonsense.

Thinking of this, Lin Wenhua immediately clasped Lin Wenjie's shoulders tightly, and said in a friendly manner: "My third brother, I beg you to do something! I'll give you 10000 dollars, and you can use it to make a date with your girlfriend!" His eyes revealed Straightforward.

Lin Wenjie pushed Lin Wenhua away, and then said with a smile: "I won't talk about it boringly, so you don't have to worry about it."

"Good brother! I'll give you $10000!"

"Well, I don't want it. My current salary is 5000 dollars, which is completely enough."

Lin Wenjie is currently doing 'marketing' in an American real estate company, and his initial job is a graduate of Harvard University. As for the girlfriend he is dating is a third-year student, of course the expenses will not be large.

What's more, Lin Wenjie also understands that these two years must be "hard work" and "struggle", so that he can learn real skills and get his father's approval.

"5000 US dollars a month is enough there. If you come to work here, I will give you 1 US dollars a month. Anyway, it is a year or two of exercise. It is different there."

"NONO, I like my current job very much. It is very challenging and there are promotion channels. But second brother, the speed at which you spend money, plus the speed at which Uber burns money, how long can you last with 60 yuan?" The implication is It is best to save flowers.

Lin Wenhua is clever, so he said: "You don't know this, I have spent 60 US dollars, and I want to invest a lot of money in Uber. Especially my mother, she has asked me several times. When the time comes, I will find She raised money and took the big one; by the time of the second round, the venture capitalists across the United States are still rushing to invest in Uber."

After hearing this, Lin Wenjie sighed and said, "You should be the boss of a venture capital company. You are so powerful that even your second mother feels fooled."

Lin Wenhua stared, and said, "How could it be a fool, the prospect of Uber company is predicted by my old man, so it's a sure thing!"

Lin Wenjie nodded. At this point three, as children, they admire their father quite a lot; as for their father's personal life, mothers do not allow their children to blame or comment, but they are not qualified.

"There are prospects, and my mother herself is very eager, and it's not that I want her to invest. Do you think I should invest more?"

"It makes sense! But it is undeniable that you are still plotting against Second Mom!"

"Hey, this is a shopping mall, like a battlefield, and it's not a family affair!"

The two brothers could chat, and what Lin Wenjie liked most was to play with Lin Wenhua, the second brother, because Lin Wenhua's personality was out of character, which was somewhat different from his.

On the contrary, the eldest brother Lin Wenyi has a similar personality to himself, both of them are calm, and when they get together, they feel 'too polite and boring'.

Guo Quan is an ordinary citizen in Xiangjiang. He received two text messages that day, which immediately shocked him.

One of the text messages read: Bank of East Asia suffered a loss of HK$0.93 million due to trader fraud, and debts involving Lehman risk of about HK$4.2 million.

The content of another text message is: Octopus Bank suffered a loss of 12 billion Hong Kong dollars due to speculation in gold futures, and there are about 8.8 million Hong Kong dollars in debts involving Lehman risks.

Seeing these two pieces of news, Guo Quan immediately discussed with his wife.

"Wife, which bank is our savings in?"

"What do you ask for this, does it cost money?"

"Tell me quickly, which bank is it?"

Seeing Guo Quan's serious face, which could not be refuted, his wife was startled, and said instinctively: "Octopus Bank"

Guo Quan clicked, and then showed the short message to his wife.

"Octopus Bank is only losing 20 billion yuan. Why are you in a hurry! Octopus Bank is Mr. Lin Zuhui's bank, with a mere 20 billion yuan. Others have donated more than this amount this year."

"That's true. I was worried that these two banks would go bankrupt. After hearing what you said, I'm relieved."

"There is some truth in what you say, but Octopus Bank is definitely fine, but Bank of East Asia may be in danger of going bankrupt just like Bank of America!"

"possible!"

In this way, many citizens in Xiangjiang received such text messages, and soon there were rumors in the market.

The next day.

Some people spread the news through mobile text messages that the Hong Kong Bank of East Asia and Octopus Bank suffered huge losses due to the impact of the US financial turmoil, causing hundreds of Hong Kong citizens to rush to various outlets of the Bank of East Asia to withdraw money. There was a queue of more than 50 meters at the Queen's Road Central branch. ; As for the Central Head Office of Octopus Bank, a small number of citizens also went to inquire about news.

For a time, there were rumors in the market.

Coincidentally, there was also a squeeze incident in Omen.It is also because of rumors that banks are in financial difficulties due to the impact of subprime mortgages, holding Lehman bonds, etc. Macau International Bank and Hong Kong Wing Hang Bank's branches in Macau have both encountered run-outs.

This incident is strange, and all Chinese-funded banks are affected by the rumors.

Octopus Bank and Bank of East Asia are the "only two" local Chinese-funded banks in Hong Kong. There are only two local banks owned by purely Chinese. They are attacked by rumors at the same time, which makes people suspicious.

Of course, Standard Chartered Bank was also subject to rumors that there was a run.

Octopus Bank and Bank of East Asia were attacked by rumors at the same time, but obviously the impact of the run on Octopus Bank was very small, while Bank of East Asia was affected on a larger scale.

As discussed in the marketplace:
"The text message about Octopus Bank must be a rumor. Everyone knows that Mr. Lin Zuhui was selling European and American properties before the subprime mortgage crisis, and that he was selling ships and planes before Lehman went bankrupt. With this vigilance, is it true that other banks will Losses on Lehman bonds?"

"Yes! Moreover, even if Octopus Bank loses 20 billion yuan, it will not put the bank at risk! Octopus Bank is supported by super groups such as New Times Group, Media Group, LEIT Group, and Xiaomi Technology. Going bankrupt is a joke on a joke."

Most of the citizens who received the text messages trusted Octopus Bank very much. Even the citizens who went to the head office in Central, after discussing it on the Internet, quickly dispersed.

On the contrary, the situation at the Bank of East Asia is much more critical.

of course.

In the afternoon, the management of the two banks chose to hold a press conference at the same time.

Octopus Bank press conference.

Executives such as He Changhong and Li Huiling walked into the venue very easily, because Octopus Bank must have suffered the smallest loss of all banks in Hong Kong during this financial crisis, even on a global scale.

"President He, is the text message 'Octopus Bank suffered a loss of HK$12 billion due to speculation in gold futures, and debts of about HK$8.8 million involving Lehman risk.

He Changhong smiled and said:

"First of all, we don't have a penny of Lehman-risked debt, so we haven't lost a penny."

"Secondly, Octopus Bank did not speculate in gold futures, but we bought a batch of spot gold in 2002. You can calculate how much we earned."

"Finally, I would like to give you an additional piece of news. The people who spread the rumors this time obviously underestimated the strength of our Octopus Bank and were too conservative. I inspected several important outlets this morning and found that even the public's response was mediocre. Apparently, the rumor has lost 20 billion yuan. , how low is our strength. Octopus Bank’s deposits are second only to HSBC’s deposits, and during the subprime mortgage crisis, we have already reduced the deposit-loan ratio and sold some fixed assets. Therefore, we are here In the second global financial crisis, it will not be affected, please rest assured investors and citizens."

The president of the entire press conference immediately burst into applause.

"In 2002, the price of gold was just over US$300 per ounce. Although gold plummeted by US$150 per ounce this month, the price is still at US$730 per ounce. This is more than double the profit!"

"That's right. Mr. Lin Zuhui's investment skills must be super strong."

Soon a reporter sighed below.

Unlike the Octopus Bank, the Bank of East Asia has been severely tested, and the run did not dissipate immediately. It needs the government to release a message to support it. Even the chairman of the board of directors in the United States, Li Guobao, immediately boarded the bank. The plane rushed back to Xiangjiang.

Octopus Bank Building.

Lin Zuhui said to He Changhong: "Go and contact the Bank of East Asia to see if you need our help. It is free and unconditional help!"

As the last two local Chinese banks, they should naturally help each other.Moreover, the Bank of East Asia should be regarded as the most authentic local Chinese bank. On the contrary, Octopus Bank was established through mergers and acquisitions. It also merged a branch of an overseas bank, and it is today.

Of course, Lin Zuhui also thought about annexing the Bank of East Asia like "HSBC annexed Hang Seng Bank".

But it's just a random thought. With his current status, how could he do something that would damage his reputation? Although the Li Guobao family's shareholding is not high, and their financial strength is far from that of the Lin family's opponents.

Moreover, Li Guobao's family is already the fourth generation of local giants, and will soon enter the fifth generation of deep-rooted local forces. Lin Zuhui's attack on other family businesses may be rejected by many Chinese.

"No problem! I'll contact them right away!"

Lin Zuhui nodded and added: "By the way, the financial crisis has reached the bottom. You can buy some assets, even gold, and you can continue to increase your holdings. At the same time, you can also relax a bit in terms of lending. The impact is small and can be recovered quickly."

Everyone knows to buy the bottom, but they are not sure whether the bottom is "whether it is the bottom" or "how long the bottom will last"; because of this, it is the most difficult to buy the bottom.

He Changhong's eyes lit up, and he quickly said seriously, "Okay, I will organize the plan as soon as possible!"

Lin Zuhui nodded, he would only provide these general trend analysis, and would not interfere too much.

To be honest, although he holds 75% of the shares in Octopus Bank, he still only regards Octopus Bank as a "brother", not a real son.His real sons are Jingwei Capital, Hengjin Investment, Lin Zuhui Family Office and private investment companies here.

Lin Zuhui walked out of the Octopus Bank building and was surrounded by several reporters.

"Lin Sheng, can I accept an interview?"

Although a few reporters were stopped by the bodyguards, they still squeezed ahead. After all, the Hong Kong media competition is extremely fierce. Whoever can get Lin Zuhui's interview will definitely increase sales, and the reporters will also get bonuses for this.

"Okay, one question per person, let's end the interview as soon as possible!" Lin Zuhui came in front of several people.

It is impossible for him not to deal with reporters. He is the business boss of Xiangjiang and the boss of Xiangjiang media.

"Mr. Lin, what do you think of the current stock market, should you enter the market or close your position?" A reporter asked first.

"There is no problem with Xiangjiang's economy itself, and it is only a matter of time before it rebounds. The premise is to hold the stocks. Of course, I still recommend that everyone buy the stocks of my company, and the dividends are guaranteed."

A group of reporters were very excited, they found a treasure.

"Mr. Lin, are you here to deal with the rumors about the Octopus Bank?"

"No, you said it was a rumor. How can I take it to heart? It's a normal job when I come here! Octopus Bank's finances are very good. It didn't lose money, but made a lot of money. What's more, among the partners of Octopus Bank , there are several super rich cash holders, I think you should understand."

"Is speculation in gold futures also a rumor? I heard that you are a big speculator in gold?"

"I don't speculate in futures! With the amount of my funds, if I am optimistic about the future of gold, I must hold gold spot. Moreover, with the outbreak of the financial crisis in Europe and the United States, theoretically speaking, gold will become a safe haven. The plunge is obviously not in line with market laws, so I am optimistic about the long-term trend of gold."

Full of dry goods!
It was the first time for Lin Zuhui to speak so bluntly, and the reporters at the scene almost became excited.

After the interview, they returned to the newspaper as quickly as possible.

A newspaper.

"Okay, typesetting for me right away, I want the evening paper to publish this interview!"

"President, but the evening paper has only been published for less than three hours, and now it is revised."

"I don't care, we must release the evening paper, hurry up and hurry up"

All of a sudden, Ji Feigou jumped up.

"The stock god calls you to buy the bottom"

"The stock god calls you to buy gold"

"The stock god will make you rich"

That evening, many evening newspapers released shocking news.

For a while, many citizens were sitting at home, heard a call from a friend, and rushed to buy evening papers.

"Boss, I want to have an interview with Lin Sheng in the evening paper."

"Yes, yes. I'll bring it to you. Buy the bottom, buy gold!"

"Boss, you read it too!"

"Why don't you read it? After reading this news, it may be more cost-effective than selling newspapers for half a year."

The next day (late October), the Hang Seng Index should have plummeted due to external news, but because of Lin Zuhui's interview, it jumped 10 points against the market and returned to above 500 points.

Lin Zuhui doesn't care about this, although he has already asked the family office and Hengjin Real Estate Investment to buy bottoms in the Xiangjiang stock market.

The reason is simple. He believes that the next four or five months will be a good opportunity to buy the bottom, so the two private investment companies will buy in five months.

As for his influence, no matter how great his influence is, it is impossible to completely reverse the impact of the entire financial crisis. It would be good if he could affect the stock market for a week. At most, he would affect the index by 1000 points, and the Hang Seng Index would not exceed 18000 points.

In addition to the suggestion to buy spot gold, Lin Zuhui gave everyone two ways to make a fortune at once.

Just have fun and improve your image of being friendly to the people.

The 'Bank of East Asia run' lasted for three days and ended soon, because the Hong Kong government and the Hong Kong Monetary Authority came out to support it, and Li Chaoren expressed his intention to increase holdings.

As for the help offered by the Octopus Bank, it was declined by the Bank of East Asia because it did not need it.

But Li Guobao still called Lin Zuhui in person to express his gratitude. After all, banks are short of money at this time, and Octopus Bank dared to help Bank of East Asia at this time, which is really very grateful.