Chapter 288： : HSBC run

"Hadi Empire 1945 New ( Find the latest chapter!

A business involving tens of millions of dollars is a big business at any time. Such a big business cannot be too anxious, so HSBC is not too anxious.

But within two days,

Whether it is Hong Kong, the United Kingdom or the United States, there are many news about the Hong Kong crisis, which makes many people who invest in Hong Kong panic.

Hongkong.

Global Times.

"The latest war situation in China, where is Hong Kong going!!!"

"From the second half of last year to the beginning of this year, the two sides of China have waged a large-scale war with a total of more than 3 million troops. Several wars have often ended in failure for someone, and Chang's rule is already in jeopardy."

“It’s almost impossible to get outside aid. Last year, Chang bribed President Johnson’s opponent Dewey. President Johnson was extremely disgusted with Chang. Starting this year, he released a white paper acknowledging the failure of investment in Chang and calling it extremely corrupt. The elements will inevitably fall, and no more assistance will be given."

"After frequent failures, once the North hits Hong Kong, will it take back Hong Kong? This is very likely. We must know that the North has implemented public ownership and confiscation of property. What will Hong Kong do?"

to be honest,

Everyone is afraid of these remarks.

Experienced the Japanese.

Experienced the civil war again.

Many people understand the horror of war.

The contents of the newspapers immediately aroused discussion among the people of Hong Kong, and even caused a certain amount of panic. Many families who were originally worried are planning to leave Hong Kong to avoid disaster.

Even those foreign firms, as the war approached, became more and more worried and fearful, and began to plan how to deal with their business. There were originally many people who sold their properties. Now this situation is increasing. It can be said that the people's feelings are unstable.

The British Global Times also published a similar article, mainly discussing whether Hong Kong will be lost if the North wins, and whether this oriental pearl can be kept.

The Global Times also deliberately found several commentators.

The two sides began to comment in the newspaper. One said that the North did not dare to move, and the other said that Hong Kong was bound to be lost.

At first, they were evenly matched, but gradually, the argument that the North would take back Hong Kong gradually gained the upper hand. Many British people who invested in Hong Kong became nervous. The funds are brought back to the UK.

In the United States,

Some newspapers also appeared in articles about Hong Kong.

The basic tone is to sing badly.

In fact, the United States is not the focus, mainly to make this news true.

Public opinion affects people's hearts.

Many people saw these remarks and they were unconsciously affected their judgments. There was indeed a wave of panic in Hong Kong in the later period of history, but it was later than now. The Global Times report, like a match that lit a firecracker, suddenly led this incident. Burn.

Bang~!

When emotions explode,

Fleeing waves and panic dumping of assets occurred in Hong Kong.

Hardy said,

I am unintentional.

It's just that this kind of thing will come sooner or later, so I can't blame it.

Among the many companies, HSBC is naturally also greatly affected. They were originally investment banks. The companies ran away and no one invested. The price of mortgaged land fell. They were not optimistic in all aspects. This caused HSBC's assets to shrink rapidly.

HSBC's shareholders have been feeling very heavy during the recent period, and they feel that time is becoming more and more pressing.

Because once the north crosses the Yangtze River, it will be the beginning of a big defeat. By that time, I am afraid that I will not be able to sell it if I want to sell it.

Daville Sassoon contacted David Rockefeller and wanted to talk to the other party again. David replied and asked the other party to wait. He is negotiating with other companies and has no time for the time being.

The more anxious the other party is, the more he must sit firmly on the Diaoyutai.

......

Hongkong.

Victor received a secret instruction from the boss. After reading the instruction, he became a little excited. If this thing is done, he can definitely make a lot of money.

Sell ​​nicillin.

Victor met Mr. Kong in the south and Mr. Xu in the north. This time Mr. Xu came to trade again. Victor smiled and said:

"Mr. Xu, do you have HSBC acceptance drafts in your hand? Other foreign banks are also available. If you are willing to issue them, I can receive them."

Mr. Xu was taken aback.

"What does Mr. Victor mean?"

"Haha, you have occupied the north and sealed so many banks. I believe there must be many acceptance bills from other banks in your hands. These acceptance bills are worthless in your hands. You might as well sell them to us. You can exchange them with medicines. It can be exchanged for materials, or even for weapons." Victor said.

Mr. Xu was not surprised that Victor revealed his identity. After all, after so many transactions, as long as the other party is not stupid, he can definitely guess his identity.

It's just that he didn't expect Victor to propose such a deal.

"Mr. Victor, I can't call the shots on this matter. I need to get in touch. Also, I don't know what price you plan to buy?" Mr. Xu asked.

"The face value is one hundred to one. No legal currency is required. U.S. dollars, British pounds, Hong Kong dollars, etc., just to stabilize the National Bank." Victor said.

"One hundred to one, is this too low?" Mr. Xu frowned upon hearing this.

"Those things are just a piece of waste paper in your hands. They are not worth a penny. I bought them and exchanged them. Other banks said that it would be a bad lawsuit. It may not be successful." Victor said.

Mr. Xu thought for a while, "I can't answer you now, I have to go back to ask, and, is it true that you can change those things?"

Victor smiled.

"My transaction with the triad, I think Mr. Xu can't be ignorant, I think most of those things have been in your hands, and the transaction with you is nothing more than the direct exchange of materials with a money order, and you may still need to go through the triad. road."

Mr. Xu nodded, put on his hat and left.

Mr. Xu visited the door again in only half a day.

"Mr. Victor, we agree to this transaction, but the price is too low. Our boss offered a price of fifty to one, otherwise there would be no need for a transaction."

Victor shook his head.

"At most eighty to one, otherwise the business would be meaningless, so just let it go."

In fact, the organization has agreed to a price of 100:1, but only told Mr. Xu that it would be a little bit higher, so he started raising the price.

Victor gave it eighty to one, and Mr. Xu accepted it in his heart.

"Okay, it's eighty to one."

Victor smiled. In fact, Hardy set him a price of 10 to 1 to do this business. He abruptly mentioned 80:1, which has greatly exceeded the boss's expectations.

Three days passed in a blink of an eye.

A car parked downstairs that night, and Mr. Xu walked into the Hardy Auction Company with a box, and went to the second floor on the road.

Put the suitcase on the table.

"Mr. Hardy, the bank's acceptance bill has been brought. There are all kinds of funds, such as U.S. dollars, British pounds, Hong Kong dollars, francs, Japanese yen, rupee, and reals. Calculated according to the value of U.S. dollars, the total value is 61.25 million U.S. dollars."

"You said before, try to find some HSBC bank orders. We asked people to find HSBC bank orders. Not only HSBC bank acceptance drafts, but also many savings books and savings slips. There are probably more than 5,000 copies, totaling 2,666. Ten thousand U.S. dollars."

"If you follow the exchange ratio of 80 to one that we said earlier, you should pay me $765,625."

"No problem, after I've seen it, I can trade as long as it's true." Victor asked people to take things down for inspection.

The two sat together drinking tea and chatting.

"With these seven hundred thousand dollars, what does Mr. Xu want?" Victor asked.

Mr. Xu pondered for a moment and said, "To be honest, Mr. Victor, you ask me what I am missing. I want to say that we are missing too much."

"Medicines, medical equipment, weapons, ammunition, aircraft, battleships, cotton, grain, cloth, machine tools..."

Victor spread his hands.

"Mr. Xu, you can't buy so many things with more than seven hundred thousand dollars."

Mr. Xu sighed, "Hey, so I can only buy some of the most needed things. I have a catalog here. I hope Mr. Victor can help me prepare it."

He took out a few pieces of paper from his body and handed it to Victor.

Victor said in his heart that these people think things really carefully, and even think about what they want to buy. They won't even calculate the price.

open Directory.

The number of dozens of types of medicines, the number of types of medical equipment, weapons do not require conventional weapons, they want anti-aircraft guns, equipped with sufficient ammunition, powerful artillery and shells.

In addition, they also want fighter jets. They do not have fighter jet engines, because they have also seized some aircraft, but many of the engines are broken, and other parts of the aircraft can be repaired, but the engines do not have that technology.

As long as they have an engine, they can have one more fighter.

In addition, there are some weapons and equipment and so on.

After reading the list, Victor looked at Mr. Xu and said, "Mr. Xu, there are many things on your list that are difficult to get. I don’t know if I can get them. There is also a question. These things you want, The price is far more than 700,000, you don’t have enough money here."

Mr. Xu looked at Victor and said seriously:

"I know that the money is not enough, so I want to talk to Mr. Victor, can you give us credit first, we owe the money, don't you ask for bank transfer checks, this time because of the rush, we only found some."

"We know what you think, Mr. Victor, is that you want to use the money to go to those banks to withdraw cash, bank acceptance drafts, savings books, savings slips, etc., we can still find them, and we can use these to repay them in the future."

Victor pondered.

"I also need to ask for instructions on this matter. Why don't we complete this transaction today and prepare medicines and medical equipment for you first. As for those powerful weapons transactions, I need to ask the boss before."

The bank acceptance bill and the savings slip have been checked without any problems, and the two parties shook hands to conclude the transaction.

Victor sent a telegram to Hardy, telling Hardy that he had received more than 26 million HSBC bills, and Hardy said it was a lot.

"Go ahead as planned." Hardy said.

The next day.

The wind is clear and vigorous.

An American came to HSBC with a large bank acceptance bill of 4.5 million U.S. dollars, and gave the acceptance bill to the salesperson for cash withdrawal.

The salesperson was surprised by the number on the check and immediately reported to the manager.

The manager came over to check the acceptance bill. This acceptance bill was not fake and was issued by the Beiping branch. But at this time, Beiping has been compromised and the HSBC Beiping branch was sealed up. In order to protect its own interests, HSBC made all these accounts into bad debts. .

It is precisely because of this that HSBC's accounts in Hong Kong look so good.

To put it bluntly, HSBC is ready to go wrong.

"Sorry, sir, this acceptance bill of yours, due to the loss of the war account, we have no way to redeem it for you for the time being. We can only cash it after the end of the war and find out the authenticity of this bill of exchange." The manager used Said in a formulaic tone.

The American was very angry and shouted at the manager in the lobby of the bank: "Look clearly, this is an acceptance bill issued by your bank. You promised that as long as you hold the acceptance bill, it can be paid at any of your branches. You are now telling me that the account is lost. The ____ does not work."

"It's your problem if the account is lost. I can't control it. I now ask you to pay it right away. It must be right away."

The manager's expression was cold, and he spread his hands.

"Excuse me, sir, I am helpless now. I cannot pay you this money until I find the bottom account."

"Then if you can't find the account, then the money does not exist?"

"I can only say that you can only pay after you find the bottom account." The manager used prevarication.

The Americans are very angry.

That afternoon.

The Americans approached several newspaper reporters and exposed the incident to them. The next day, many newspapers in Hong Kong reported on the incident, especially the Global Times, which reported on the incident in detail and made comments. .

"If a bank loses its credibility, what is left of it? HSBC refuses to deal with acceptance bills. This is an act of dishonesty in itself. This practice is deplorable and will make many depositors worry about whether or not their money can be retrieved."

This news has caused quite a reaction in Hong Kong.

HSBC can be said to be the largest bank in Hong Kong. Now even he has broken his trust. People are worried about whether there will be problems with the money they have in the bank.

Early the next morning.

A large number of people gathered at the entrance of HSBC Bank. They flocked to the lobby of the bank and demanded to withdraw their money.

If you are interested, you will find that the people who come to withdraw money are all triads.

These people hold up a savings slip to save money and ask for money.

The bank staff found that the savings accounts these people took were all from the mainland branch, and these were all included in bad debts, so the manager would naturally not withdraw them.

As soon as the crowd didn't give money, it fryed.

One by one, there was a quarrel in the bank, filled with outrage, the HSBC lobby was blocked, people were clamoring, and it was impossible to work normally.

At this time, a reporter came over and took photos of the angry crowd. The headline in the newspaper the next day was even more exciting.

"HSBC broke its trust, the head office had a run, and the people could not get money from the bank. HSBC is suspected of running out of funds."

"Recently the war in the north has been tight, and many foreign companies on Hong Kong Island have withdrawn. HSBC is a British capital. Will HSBC transfer people's deposits early to avoid it? Now there is only an empty shell left. This is worthy of our vigilance."

This report came out.

Not only the actors arranged by Victor, but HSBC's real depositors couldn't sit still, and ran to the bank to withdraw money.

Only when I get cash, I feel at ease.

But the lobby of the bank was already crowded with triad people. The people couldn't get in at all. People who couldn't get the money were really scared now. They were afraid that their money would really not get out. Hundreds, more and more people gathered outside the HSBC Bank, probably no fewer than 10,000.

The senior executives of HSBC hurriedly reported to the board of directors.

When the board members heard of , their heads suddenly became big. If there is a run, even HSBC will not be able to bear it. Most of the bank's money will be released, otherwise the bank will make money.

Besides,

For safety reasons, the bank did transfer some of the funds, and the current treasury is no more than a few million Hong Kong dollars and hundreds of thousands of dollars and pounds.

As soon as the opening is opened, the bank's money will be taken out instantly, and when there is really no money to deal with, the consequences will be more serious than now.

When David saw the report on HSBC in the British newspaper, he looked at Hardy in surprise, "Hadi, did you do this?"

"David, I think I can talk to HSBC and them now." Hardy smiled.

......

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