Rebirth of the Strongest Tycoon

Vol 2 Chapter 575: Implicated innocent

Rebirth of the Most Powerful Henry

Zhuang Rongkun returned without success, so did Zhuang Qingquan, and Qiu Degen, president of Far East Bank, who had just lent 50 million Hong Kong dollars to Hang Lung Bank, vomited blood. He immediately called Zhuang Rongkun to get the 50 million Hong Kong dollars back. It's a pity that it is a matter of the life and death of his own bank. With a white and black sign, when the money is in hand, Zhuang Rongkun will be like Qiu Degen's wish. These days, it is the uncle who owes money. Upstairs in the Ka Wah Bank, Liu Cansong stood in a more secret corner, watching the crowds in the lobby of the bank, all expressions of excitement, crowded to withdraw money, the bank staff tried their best to maintain order, and the lobby manager was sweating profusely. He clenched his fists, his forehead burst into blue veins, and his anger was nowhere to be released. He got the news even later. When a large number of depositors came to withdraw money, the bank staff found that something was wrong and immediately investigated the cause and reported to him. When he knew, the bank hall was already full. After thinking about it, he still didn't come forward, but asked the lobby manager to order the position and calm the customer's mood. Ka Wah Bank now has a cash flow of less than 20 million Hong Kong dollars, and its gold futures business has a deficit of 220 million Hong Kong dollars. As soon as the newspaper reported that Ka Wah Bank had embezzled funds, Liu Cansong knew it was bad. Even if these third-rate tabloids were sealed by means, it would be too late. Tomorrow all newspapers in Hong Kong will report unfavorable news about Ka Wah Bank. A run is inevitable, but how can the cash of less than 20 million Hong Kong dollars withstand it? If those customers who bought gold futures rushed to deliver, it would definitely be fatal. Compared with ordinary depositors who withdraw several hundred, several thousand and up to tens of thousands each time, these customers who buy gold futures have a bottom line of tens of thousands of settlements, and there are many millions of them. Funds of less than 20 million Hong Kong dollars are simply not sustainable. how long. He wanted to borrow, but no bank or company would lend him, and even he was about to face those big corporate customers who wanted to withdraw their working capital from Ka Wah Bank. This was horrible. The more I think about it, the more depressed Liu Cansong's heart is, and he feels that the huge waves are about to drown him. After a while, the lobby manager secretly left and ran in front of Liu Cansong. The sweaty lobby manager's throat burst into flames. He said with difficulty: "President, the situation is not optimistic. More and more people come to withdraw money. We "Liu Cansong nodded with a gloomy face, took a deep breath and ordered with difficulty: "Today is more than ten minutes before closing. Once it is time, you just close the window and let them come back tomorrow." The manager's expression changed, and he blurted out: "But this..." Liu Cansong interrupted the lobby manager and unquestionably ordered: "Just do it!" The lobby manager swallowed the words back into his stomach, and responded with a bitter face: " Yes!" Then, the lobby manager left with heavy steps. Looking at the back of the lobby manager, Liu Cansong sighed weakly. How does he not know the disadvantage of forcibly closing? But he also knows that if he insists on not closing, then depositors will not believe that Ka Wah Bank has enough money, and will definitely withdraw money overnight. Funds of less than 20 million Hong Kong dollars are definitely not enough. And he is more aware that only a few third-rate tabloids this afternoon led to this situation. Early tomorrow morning, the major newspapers will definitely report the news, which is known to all in Hong Kong at that time. After tonight’s news has been fermented, Ka Wah Bank will be crowded tomorrow. He can do nothing now. The only way is to get enough money to deal with the run. But the current situation still involves the big taint of misappropriating customer funds and causing huge losses of billions. He knows that the major banks and financial institutions of the chicken thief will never borrow a penny. Even if it is to find a close friend, the difficulty will increase infinitely. "Hey..." This night was destined to be a sleepless night for the Zhuang brothers and the Liu brothers. Because they worked hard all night, they did not borrow a penny. Instead, they borrowed money frequently, which made outsiders more affirmed the newspaper. The bar reports. Of course, people who can’t sleep this night and the depositors of Hang Lung Bank and Ka Wah Bank, think of the hard-earned money in the two major banks, who can sleep? There were also many people who were waiting at the door of the head offices and branches of Hang Lung Bank and Ka Wah Bank all night with their passbooks. Such a scene attracted a large number of reporters to take pictures and interviews. It is believed that the next day, these world-renowned news will spread throughout Xiangjiang and even Southeast Asia through the mouth of the media. The weather was fine the next day. Sure enough, none of the newspapers in Hong Kong headed by a series of newspapers from Jiuding Press did not report on the hot issues of Hang Lung Bank and Ka Wah Bank. People who did not know the news yesterday were shocked by the news, especially the depositors of the two major banks. His face changed greatly, and the class was gone and went straight home to take the passbook and queue up to withdraw money. On the way to work, Xia Yu saw a branch of Hang Lung Bank in the Kowloon area crowded with people, and the lobby of the bank was crowded with people, too crowded. Seeing such a magnificent scene, Xia Yu stopped and watched for a while before leaving with an inexplicable smile. Hang Lung Bank and Ka Wah Bank are doomed! In Tin Shui Wai, Yuen Long District, New Territories, Chen Qiang rummaged through boxes at home and finally found his regular passbook at the bottom of the box. Picking up the passbook, he quickly ran out the door and rushed to the nearest Hang Lung Bank branch on Anning Road. He knew it was too late, for fear that he would not be able to get the money if he was late. As for the three-year fixed deposit interest, Chen Qiang has already forgotten about it, first take the capital back, and talk about it. The interest that was valued in the past is not worth mentioning in front of the principal. It's just that when he just left the house, he saw Chen Dashan, his neighbor's cousin. Chen Dashan saw his nephew look flustered, and immediately asked concerned: "Qiangzi, what's the matter? What happened?" Chen Qiang stopped and hurriedly said, "Uncle, my money is in Hang Lung Bank. It is said that Hang Lung Bank has misappropriated funds and lost several hundred million. I have to get the money back quickly, or it will be gone." "I'm leaving now, I won't tell you, it's too late, there is a newspaper on the stool in my house, you Go and see for yourself." Abandoning these words, Chen Qiang disappeared at a speed of 100 meters while Chen Dashan was dumbfounded. "Wait! Hang Lung Bank is not an old bank, why is it going bankrupt?" Chen Dashan muttered to himself, thinking of his nephew saying that there is a newspaper in his house, and he saw the newspaper on the stool when he went in, and it was still Xiangjiang. He picked it up and read it immediately, the largest newspaper "Jiuding Daily". After reading it, he said with lingering fear: "Fortunately, my money was not deposited in Ka Wah Bank and Hang Lung Bank. I did not expect that these two such powerful and established banks had problems. Hey, I hope Qiangzai will take the money. Come back, this is the wife's book that his mother saved for him." Just after rejoicing, his face stiffened, and a thought came to his mind. Part of his family’s money is stored in Conifer Bank~www.ltnovel.com~ This is a bank smaller than Ka Wah Bank and Hang Lung Bank. At that time, it was also because of the closeness of the bank and the higher deposit interest rate. of. Although there is now a Jiuding Bank with the highest deposit interest rate in Hong Kong, his fixed deposit is due in eight months, so he has not withdrawn and deposited it in Jiuding Bank. Only now, he suddenly felt extremely uneasy. Even the old banks such as Hang Lung Bank and Ka Wah Bank have problems, and each loses hundreds of millions. Small banks such as Kang Nian Bank have also given such a high deposit interest rate. Is there a problem with the capital chain? ? Although the newspaper didn't report it, it doesn't mean there is no risk, right? The more he thought about it, the less he felt in Chen Dashan's heart. Thinking of the 5,000 Hong Kong dollars he had saved, his heart became anxious. Do you want to get it back? If you get it back, the interest that persisted for more than two years is gone. If you don’t get it back, if something goes wrong with Conian Bank, the capital may be gone. After struggling for a long time, Chen Dashan, who was cautious, gritted his teeth, resolutely returned home, found his passbook, and headed for Connian Bank. And because Hang Lung Bank and Ka Wah Bank have exploded, there are many choices like Chen Dashan. For a time, not only Hang Lung Bank and Ka Wah Bank were overcrowded, but the number of withdrawals from many small banks also surged. This is the sorrow of small banks. The creditworthiness in the hearts of the general public is not high enough, and they are easily affected by storms. As for the big banks such as HSBC and Standard Chartered Bank, there is no such worry, and depositors are very confident. Although Jiuding Bank is a new bank, the public's confidence in it is not bad. After all, it is the bank of the stock **** and will deposit money to the depositors of Jiuding Bank. He knows a lot about Xia Yu's deeds and naturally knows Xia Yu's wealth and capital flow. Is huge, so save money safely. For a while, the entire Heung Kong banking industry was affected. An impetuous breath filled the sky above Xiangjiang.

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