Rebirth of the Strongest Tycoon
Vol 2 Chapter 579: End
The Hong Kong government determined that Hang Lung Bank and Ka Wah Bank were bankrupt, and quickly entered the liquidation stage in order to give the public an explanation as soon as possible.
At this point, in fact the two banks have nothing to do with the Chuang brothers and the Liu brothers.
The time before the Hong Kong government intervened was actually the time for them to save themselves, but since they were unable to save themselves, no wonder the Hong Kong government took over.
After all, Hang Lung Bank and Ka Wah Bank are already insolvent, and the interests of shareholders belonging to the two major banks have all been lost. The remaining assets belong to depositors, and have nothing to do with the Chuang and Liu brothers.
Fortunately, the Chuang brothers and Liu brothers were investigated by the Hong Kong government and found no illegal operations, so their freedom of life was restored.
Seeing that the matter has reached the point of irreversibility, Zhuang Qingquan went straight to see and did not bother, and left Xiangjiang to fly to the Philippines to take care of his own Apollo Steel Company, leaving only the unwilling Zhuang Rongkun still staying in Xiangjiang. I want to see the ultimate fate of Hang Lung Bank with my own eyes.
Because MacLehose had already decided to go north on March 24, he was worried that he urged the Financial Secretary Xia Dingji to quickly handle the Hang Lung Bank and Ka Wah Bank, and calm the public opinion in Xiangjiang, so that Xiangjiang's financial market would restore order.
At the same time, this is also a request from the United Kingdom. After all, the trip to the north represents the face of the British government. Under the rule of the British government, Xiangjiang is so chaotic and unstable. Isn't this slapped in the face? It also gives the mainland a handle.
If the Hong Kong government can quickly calm the turmoil, it will highlight its governance capabilities. When the time comes north, the mainland will really make a fuss about this, and MacLehose will be able to go back.
Therefore, in order to complete this political task as soon as possible, the Hong Kong government directly released information during the liquidation stage to allow someone to take over the two banks conditionally.
The banking giants such as HSBC, Standard Chartered Bank, Hang Seng Bank, and Heung Kong Bank of China, which had been waiting for a long time, stepped out immediately and contacted the Hong Kong government.
Not to mention Jiuding Bank, the instigator behind the scenes, also applied to the Hong Kong government to take over immediately.
In order to quell the run, faced with many giants who want to take over Hang Lung Bank and Ka Wah Bank, after Xia Dingji asked MacLehose for instructions, he chose to directly hold a symposium to clarify the Hong Kong government's conditions to all parties who intend to take over. Later, the parties will compete again.
Soon, Liu Tianci, who represented Jiuding Bank, received news and invitations from the Hong Kong government.
Liu Tianci immediately reported the situation to Xia Yu.
"Chairman, will you or I go to the meeting of the Hong Kong government? I heard that Chairman Shen Bi of HSBC, Gals Liddell of Standard Chartered Bank, and President Ma of Bank of China Xiangjiang will all come forward."
After the report, Liu Tianci asked that his underlying meaning was obvious, whether he would be unqualified and inappropriate.
Xia Yu thought for a while, and said to Liu Tianci, "I won't go, but you should go. Anyway, you can bring back both banks."
Liu Tianci nodded heavily: "Bring it back!"
Although each opponent is stronger than Jiuding Bank, Liu Tianci is not worried about losing his hand.
The layout has been for several months, and now it’s finally time to pick delicious fruits. If someone else snatches it, should he still be mixed up?
This time, whether HSBC or Standard Chartered, they are all supporting actors!
It was the afternoon in a blink of an eye. After work, Liu Tianci drove to the Hong Kong government.
He was the first to be there, and people came one after another. Before the meeting started, everyone was there.
The visitors were Shen Bi of HSBC, Gals Liddell of Standard Chartered Bank, Ma Jianming of Bank of China Xiangjiang, He Shanheng, Chairman of Hang Seng Bank, and Liu Tianci himself.
Although Morgan Bank and Citibank in the United States have sufficient strength, they did not participate.
As for the Bank of East Asia, another major bank in Hong Kong, it did not participate.
After all, although the Bank of East Asia is a large bank, it is definitely the bottom of the large banks. It is not far stronger than Hang Lung Bank. Li Guobao knows himself and does not intend to get involved with the two banks.
Among the five, Liu Tianci is very familiar with Shen Bi.
Seeing the energetic Liu Tianci, Shen Bi was momentarily absent-minded. This talent who was once optimistic about himself is now qualified to sit at the same table with him. The world is fickle!
"Good afternoon Shen Dong!"
Liu Tianci smiled and greeted Shen Bi with a neither humble nor overbearing attitude. Although he was facing a boss who once valued him, but now he has a different position. He still has to take care of the faces of Jiuding Bank and Xia Yu. Therefore, his attitude towards Shen Bi is no respect. humble.
What's more, this afternoon, he and Shen Bi are rivals.
After that, everyone said hello to each other.
At this time, MacLehose walked in with Xia Dingji and several subordinates.
"Sorry, there happens to be something that keeps everyone waiting for a long time."
With that, MacLehose shook hands with everyone.
After some greetings, everyone took their seats one after another. MacLehose looked at them and said sincerely: "This meeting today concerns everyone in the Hong Kong financial industry and the general public. When you come, I believe everyone I have seen the crowds gathering outside the Hong Kong government."
Everyone nodded. This is indeed the case. When they came in by car, they saw a lot of people gathered near the Hong Kong government. Many people held signs and banners, demanding that the Hong Kong government resolve the issue of Hang Lung Bank, Ka Wah Bank and Xie Liyuan Gold Shop as soon as possible. Return their hard-earned money to them.
"Since everyone is clear, then we know that the current situation is very severe. I hope there will be a clear result this afternoon."
"Prior to this, Director Xia will tell you about Hang Lung Bank and Ka Wah Bank. Of course, you will also get detailed information."
After talking about this, MacLehose stopped to say more, and signaled to the Financial Secretary Xia Dingji to introduce ~www.ltnovel.com~ and Xia Dingji took a look at the employee. The employee immediately distributed two copies to Liu Tianci, Shen Bi and others. file.
"Look at them. These two documents are about the real situation of Hang Lung Bank and Ka Wah Bank investigated by the Hong Kong government. Please take a closer look. If you are unclear, you can ask me. If I can answer, I will answer immediately."
Xia Dingji said solemnly.
Everyone just nodded their heads and didn't respond. They focused their energy on looking at the information. Only when they knew what they wanted, would they know what to expect.
For a moment, only the sound of gasping and the rubbing of papers were left in the meeting room.
Different from the general data obtained by HSBC in the previous two days, these two materials list the details of Hang Lung Bank and Ka Wah Bank, what business they have, and what value they have.
Hang Lung Bank includes the bank building, its own properties, and other assets. The total net assets are 317 million, and the total assets are 3.684 million. A total loss of 340 million, including gold futures business, is now net. Assets are negative 23 million Hong Kong dollars.
Ka Wah Bank’s net assets are 218 million Hong Kong dollars, total assets are 2.743 billion Hong Kong dollars, and the total loss including gold futures business is 234 million Hong Kong dollars. Today, Ka Wah Bank’s net assets are negative 16 million Hong Kong dollars.
Because the time is too short, the data is not very accurate, but it doesn't make much difference. For those sitting here, they don't care about this, and after the calculation is clear, any objections can be raised to the Hong Kong government.
In a short while, the five of them finished watching, each observing the other competitors calmly, thinking about how to respond in a while.
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