Chapter 541 Bank run!

On September 9, the third day of the run on the Li family's gold store, the situation was finally stabilized after the Li family spent a large amount of funds.

In the past three days, all 36 branches of the Lai Family in urban areas of Hong Kong Island have suffered large-scale runs. Hundreds of thousands of investors have withdrawn 7 million Hong Kong dollars from the Lai Family Gold Store in a very short period of time. of cash.

At the same time, gold worth 5 million was withdrawn by customers.

In less than three days, the Li family's losses exceeded HK$5 million.

Fortunately, Li Jiuying, the leader of the Li family, is a very courageous person. No matter how many people come to cash in, he insists on paying his best.

Moreover, if you want money, give money, and if you want gold, give gold, and you will never shirk responsibility.

At the same time, the media and magazines controlled by the British-owned group went all out to praise the Li family for their responsible approach.

Even the Hong Kong Governor's Office had a rare end and personally stood up for the Li family.

Soon, some of the customers who had originally wanted to cash in their orders dropped their guard and gave up on cashing in. The shaky Li family miraculously stabilized the situation.

Moreover, after experiencing this run, the people of Hong Kong Island's trust in the Li family has not decreased, but has become higher.

It can be said that although the Li family lost a lot of money in this turmoil, they gained an excellent reputation!

However, just when Li Jiuying and the British-funded group behind him thought they had finally overcome the disaster, the media broke another situation that caught them off guard.

The South China Evening News was still the first to report, saying that an insider revealed that the reason why the Li family was able to pay customers in full in cash and gold this time was because of the longevity of Longheng Bank.

At the same time, this report also disclosed the truth of the matter, saying that on the day the Li family suffered a run on investors, the Li family gold store used Li Jiuying's identity and influence at Longheng Bank to sign a large credit line worth HK$[-] million. The unsecured/secured loan is used by Lijia Gold Store to cash out funds for customers.

In fact, this is equivalent to the Li family using money from Hang Lung Bank depositors to continue the life of their gold shop.

More importantly, the South China Evening Post article also described the details of the incident very clearly, and even published a copy of the loan contract signed by both parties in the newspaper.

At the same time that the South China Evening Post reported the news, a large number of gossip tabloids followed up.

Unlike the "South China Evening Post" which only exposes without making speculation or association, these gossip tabloids directly fill the imagination. Some tabloids claim that the Li family has lost investors' money over the years. They have always been Relying on bank debt to survive and maintain a bright appearance.

There are also tabloid reports that the Li family had long expected that their gold store would be run on, so they transferred their assets to Thief Eagle early. Now the Li family has long become an empty shell.

Some gossip tabloids even made crazy assumptions, saying that the customer deposits in Longheng Bank had already been given away by the Li family, and everyone's money would be wasted.

As soon as the news came out, it instantly detonated the entire Hong Kong Island.

For a time, a large number of depositors rushed to Longheng Bank, scrambling to withdraw their funds deposited in Longheng Bank.

Longheng Bank responded quickly and held a press conference that afternoon, solemnly stating that Hang Lung Bank had no financial relationship with Lijia Gold Shop, but it avoided talking about the loan contract.

But banks said they would immediately raise funds to prepare for depositors to withdraw their funds.

Although the public relations of Longheng Bank was very timely, the people of Hong Kong Island did not buy it. Soon, long queues formed at the door of all the branches of Longheng Bank, and the run began.

Li Family Manor. Study!

When the news came that Longheng Bank suffered a nationwide run, Li Yi was drinking tea and chatting with Li Futiao and Huang Lixing!
Several people were very happy because just now, Li Yi and Li Futiao had just received the money they earned from their gold investment.

Starting from September 9, they started buying gold at a price of about HK$2 per tael, and finally sold it at a high price of HK$3500.

After deducting various costs, the investment return rate reached 40%. Li Yi and the Xingchen Company behind him made a huge profit of more than 7 million Hong Kong dollars, while Li Futiao also made a huge profit of 6000 million.

Even with their current worth, this can still be considered a huge sum of money.

More importantly, through this counterattack, they severely damaged the Li family, the vanguard of the British group.

Just after receiving the investment income, they learned that Longheng Bank had been run, and the three of them felt better. "Brother Li Yi, how long do you think the Li family can last this time?" Li Futiao asked with a smile.

"Three days, three days at most!"

"No way. Although the Li family has suffered a lot of losses, it is not insolvent. Why can it only last three days?" Li Futiao asked in surprise.

Huang Lixing on the side also said: "Yes, I also think it is unlikely. After all, the Li family is backed by a British group. As long as they are willing to give the Li family a blood transfusion, the Li family will not be able to survive this crisis, but It won’t collapse so quickly, right?”

However, Li Yi said lightly: "Theoretically, this is indeed the case, but this is just a theory. In fact, judging from the current situation, the British-owned group will not only not help the Li family, but may also take the initiative to suck them dry." The last drop of blood!”

Hearing this, Li Futiao fell silent.

He has been dealing with those ghost guys for so many years, so he naturally knows what those people are. When they are useful, they are naturally close partners. Once they lose their use value, it is not impossible for them to be abandoned like worn shoes.

It would be nice if the Li family could survive this time. Once they show signs of failure, the British group may be the first to take action.

After all, they have more or less business dealings with the Li family. If the Li family collapses, they will definitely suffer losses.

With the faces of those ghost guys who only care about profits, they will definitely protect their own interests before the Li family collapses.

As a result, the Li family will die faster.

"Is it possible for the Li family to reverse the defeat on their own? After all, the situation of Longheng Bank is not as bad as the outside world publicized. Once Longheng Bank survives, the Li family should be able to survive too!" Huang Lixing suddenly asked.

Li Yi smiled and said: "The problem is that the possibility of Longheng Bank being able to survive is very slim, unless the British-owned group will transfuse it at all costs, and the funds are at least 10 billion Hong Kong dollars!"

"But this is almost impossible. After all, no one would invest so much money for a chess piece that has lost its use value, let alone the selfish Anglo-Saxons!"

"So the Li family is doomed?"

"Not necessarily, it depends on what Li Jiuying does!" Li Yi said shockingly.

"Brother Li Yi, what do you mean?" Li Futiao said with a hint of doubt.

"If my prediction is correct, the Li family will be abandoned by the British-owned group in a few days, and it will even add insult to injury!"

Then Li Yi continued: "If Li Jiuying is smart enough, he will come to us with Ma Biao's head to ask for peace! If he really does this, I don't mind letting him go!"

For Li Yi, the mastermind of this incident was definitely the British-owned group, and the executor was Ma Biao. As for Li Jiuying and the Li family, they were just the middlemen who communicated between the two.

If the Li family is really willing to fall to their side, Li Yi really doesn't mind letting the Li family go. After all, even if the Li family can escape this disaster, their vitality will be severely damaged, and they will not be able to make any big waves while they are still alive.

But his existence can not only disgust those in the British-capital group, but also kill that bastard Ma Biao without any blood. At the same time, he can remind those forces who are willing to be dogs for the British-capital group that this is the end of being treated like a dog.

Killing three birds with one stone, why not!

"Then what if he persists in his obsession?" Li Futiao said in a deep voice.

Li Yi said calmly: "If he insists on one path and goes to hell, then we don't need to be merciful and just blow up the Li family!"

"So what are we going to do now?"

"Prepare money first and wait to acquire Longheng Bank!"

Then Li Yi said again: "At the same time, let out the wind and say that as long as the Li family kills Ma Biao, we are willing to reconcile with them!"

"Okay, I'll let someone do this!"

"Row"

(End of this chapter)

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