Xia Dingji has been observing the expressions of everyone, and seeing that everyone has finished reading, he said: "Everyone has finished reading, do you have anything to ask?"
Everyone looked at each other and shook their heads.
Shen Bi even said aloud: "Director Xia, please tell us the requirements of the Hong Kong government first."
Xia Dingji smiled kindly and looked at MacLehose again. Seeing the latter nod to him, he straightened up and said, "The requirements of the Hong Kong government are very simple. After taking over one or two banks, the bank must be restored. Business, to ensure that citizens can withdraw money, and do their best to calm the run, if other banks ask you for help, you must borrow money to help them survive, so as not to trigger another crisis."
As soon as the words came out, no one sitting could help but frowned.
Before they came, they had pre-judged the requirements of the Hong Kong government, allowing Hang Lung Bank and Ka Wah Bank to resume operations and guaranteeing that citizens withdraw funds.
But I didn't guess that we should try our best to quell the run and help other banks that may be in danger.
The latter part is more difficult, because the unpredictability is too great.
No one knows which banks in Hong Kong have tight capital chains. According to the requirements of the Hong Kong government, those banks are obliged to help them tide over the difficulties, and the capital required will be large. If there is a problem There are too many banks, it is hard to guarantee that they will not drag themselves down.
However, HSBC and the next-tier Standard Chartered Bank, with the most capital, are not afraid of this.
Therefore Shen Bi and Gals Liddell agreed.
"HSBC agrees to the request."
"Standard Chartered Bank also agreed to the request."
He Shanheng of Hang Seng Bank and Ma Jianmin of Heung Kong Bank of China were hesitant.
The capital of the two banks is relatively weak. If they take over the two banks or one of them, they will immediately face large-scale withdrawal requests from customers. When that time, the flow of funds will flow quickly, and they will have to deal with gold futures.
If they take over two banks at the same time, they will need to spend at least 800 million Hong Kong dollars in emergency.
In addition, it is necessary to quell the crowd as soon as possible, otherwise other banks will follow in the footsteps of Hang Lung Bank and Ka Wah Bank, and they will have to spend more money. It is possible to start with a billion.
Such a huge cash flow puts too much pressure on Hang Seng Bank and Heung Kong Bank of China.
Seeing MacLehose and Xia Dingji looking over, Liu Tianci smiled faintly and confidently said, "Jiuding Bank also agreed to the request."
Hearing that Jiuding Bank of the later generation also agreed, He Shanheng was more stressed, and he subconsciously looked at Shen Bi. Seeing Shen Bi nodded slightly at him, he had a bottom in his heart and replied: "Hang Seng Bank also agreed to the request."
The four people agreed one after another, and the pressure fell on Ma Jianmin. Several people looked at him with smiles, wishing Ma Jianmin to give up.
At this time, Xiangjiang Bank of China was not strong. Although it was one of the largest banks in Xiangjiang, its money was not easy to use. Xiangjiang Bank of China was not the second largest bank in Xiangjiang at this time.
The mainland just decided to reform and open up at this time, and the mainland's economy has not yet developed. Therefore, the trend of Hong Kong businessmen's remittance through the Hong Kong Bank of China has not yet appeared.
Under pressure, Ma Jianmin gave up the idea of taking down two banks at the same time and replied: "The Bank of China also agrees to the request."
If there are no two, then one bank will be taken, and then the other bank will belong to someone else, so that the pressure will be shared by others, and the risk will be reduced a lot.
"Well, since everyone has agreed to the request, the next step is to determine the ownership of the two banks."
"The Hong Kong government does not need your money, it just needs to solve the problem faster and better, so you need to present your ideas and advantages."
Xia Dingji said solemnly.
"HSBC has enough cash to take over the two banks at the same time and assume the debts of the two banks. With HSBC's creditworthiness, the two banks can easily weather the run."
Shen Bi glanced past Xia Dingji, looked directly at the silent MacLehose, and said calmly.
MacLehose nodded slightly in recognition.
Seeing that Shen Bi’s appetite was so great and he wanted to take it alone, Gals Liddell frowned slightly, not to be outdone: "The cash flow of Standard Chartered Bank is not bad. After taking over the two banks, it will immediately transfer the gold futures of the two banks. All businesses are delivered, eliminating the run from the source."
After listening, MacLehose nodded slightly, approving Gals Liddell's attitude.
At this moment, Liu Tianci didn’t want to wait anymore. When he saw He Shanheng want to speak, he immediately said: "Your Excellency Governor, Director Xia, Jiuding Bank has prepared 2 billion Hong Kong dollars in cash and has enough capital to take over Hang Lung Bank. And Ka Wah Bank."
Hearing the exact figure of 2 billion, everyone looked at it, and they didn't expect Jiuding Bank to have such strength.
Liu Tianci did not change his face and continued without pause: "I can let Jiuding Newspaper Company maintain the order of public opinion in Xiangjiang and do my best to calm the panic of the citizens. This is our unique advantage."
"And these days, Jiuding Bank has been secretly trying to quell the run, and it has acquired the 100 million Hong Kong dollar gold futures contract purchased by the public from Hang Lung Bank and the 70 million Hong Kong dollar gold futures contract purchased by the public from Ka Wah Bank. It is a major creditor of the two banks. According to the company's bankruptcy law, Jiuding Bank has the priority to be paid."
"As long as I take over the two banks, I can now commit to everyone outside the Hong Kong government to fully cooperate with customers in the delivery of gold futures contracts and withdrawal requirements."
After speaking, Liu Tianci looked at MacLehose with a slight change in his attitude sincerely, and his eyes calmly responded to MacLehose's scrutiny gaze.
As for Shen Bi, Gals Liddell and others, they changed their faces and looked at Liu Tianci with strange eyes.
They were all stimulated by Liu Tianci's words. Jiuding Bank actually had a large gold futures contract with Hang Lung Bank and Ka Wah Bank, and it was the major creditor of the two banks. It can be said that it was one of the victims of this run.
Of course, with their ingenuity, they did not believe Liu Tianci's remarks, and even they extremely suspected that the gold futures contract in Jiuding Bank's hands was not acquired, but the run was caused by Jiuding Bank.
At this moment, in their hearts, Jiuding Bank can almost equate with the black hands behind the scenes.
Ma Jianmin of Xiangjiang Bank of China looked straight at Liu Tianci, his expression changed, and finally he sighed in his heart and directly chose to give up.
In his thoughts, if Jiuding Bank really did it and tried every means to swallow two banks, then if he snatched one or two, he would have offended Jiuding Bank and Xia Yu behind it. This is completely unnecessary for Xiangjiang Bank of China.
Sitting in his position, many times he cannot only consider economic issues, but more political issues. This offends Jiuding Bank and Xia Yu behind him, which is very detrimental to him.
He Shanheng, who sits next to Ma Jianmin, is also an old-fashioned person. He has thought about it for a long time and kept his mouth shut. His attitude is very obvious.
For a while, the meeting room became very quiet, and the air was filled with a strange atmosphere.
...
With Jiuding Bank holding the trump card, MacLehose had to tilt the balance to Jiuding Bank in his heart.
Although he also very much doubted whether Jiuding Bank was planning this matter behind the scenes, the bankruptcy of Hang Lung Bank and Ka Wah Bank has been investigated clearly. It is that the Chuang brothers and the Liu brothers embezzled client funds and told them on the open. Jiuding Bank has nothing to do.
Moreover, the matter has already happened, and it is useless to continue to pursue it. What MacLehose needs is to calm the squeeze storm as quickly as possible.
Although Shen Bi and Gals Liddell once again increased their commitments, they still can't match the advantages of Jiuding Bank.
Although Jiuding Bank's capital is not as good as HSBC, it is sufficient to deal with the crisis.
Jiuding Bank can also allow Jiuding Newspaper Company to come forward and give the Hong Kong government the greatest support from public opinion. This is an extremely effective advantage.
The most important thing is undoubtedly the gold futures contract held by Jiuding Bank. As long as Jiuding Bank takes over the two banks, the total loss of the two banks will be internally digested 170 million. This advantage is too great.
Not to mention that Jiuding Bank is still the biggest victim and the advantage of the biggest creditor.
Therefore, this discussion meeting ended quickly. MacLehose approved Jiuding Bank to take over the two banks at the same time, and signed a takeover agreement on the spot at a price of one Hong Kong dollar!
Although this result made Shen Bi and others dumbfounded, they also seemed very free and easy to guess. After sending congratulations to Liu Tianci, they left the scene one by one.
Afterwards, the Hong Kong government held a press conference. The moment Liu Tianci took the stage, there was a moment of silence on the scene.
When MacLehose announced that Jiuding Bank would take over Hang Lung Bank, Ka Wah Bank, and Jiuding Bank's obligations at a price of one Hong Kong dollar, the audience was in an uproar.
Thanks to the full live broadcast of Global TV, the news quickly blew throughout the Xiangjiang River like a tornado.
The two deputy managers of Jiuding Bank, who had been prepared for a long time, went to Hang Lung Bank and Ka Wah Bank for the first time, and each entered 500 million Hong Kong dollars into the accounts of the two major banks. The Hong Kong government also sent police to protect the transportation of vehicles. The banknote car entered various business locations, and after sending the order, it opened again for business.
On the same day, customers holding gold futures contracts went to the two major banks to seek delivery. Although there are still many depositors withdrawing money, they learned that Jiuding Bank took over and each contributed 500 million Hong Kong dollars and saw luck again. Many depositors calmed down the banknotes that were moved from the banknote car. Under the persuasion of the employees of the two banks, many depositors gave up their plans to withdraw money immediately.
That evening, the "News 30 Minutes" column of Global Television reported this news emphatically, and strongly appealed to the public to feel at ease, preaching that the crowded storm was about to pass.
By the next day, Jiuding Newspaper Company made efforts, and the public opinion of Xiangjiang completely changed. After reading the newspaper, the citizens suddenly found that the negative opinions of yesterday were completely gone, and all kinds of good news were replaced.
For example, Jiuding Bank solemnly promises that depositors of Hang Lung Bank and Ka Wah Bank who withdraw funds due to special reasons, as long as they deposit the money in Jiuding Bank, Hang Lung Bank or Ka Wah Bank again, they can renew the fixed deposit time and recover their losses. .
If a customer has made a fixed deposit at Hang Lung Bank for three years, and the result is two and a half years, he can withdraw it. As long as he deposits it back to Hang Lung Bank, or he can deposit it in Jiuding Bank without worry, he can count the two and a half years of fixed deposit time again. , To recover the interest loss of two and a half years.
This policy is too attractive for depositors who have made urgent withdrawals due to the rush crisis!
After all, depositors who are willing to deposit deposits almost always do not have good investment channels and are greedy for bank interest. If it is not because they are worried about the loss of their principal, how can they give up interest to withdraw money?
In the following few days, the rush crisis gradually disappeared, and many depositors took the money back to deposit again, and some uneasy citizens went straight to the major business locations of Jiuding Bank to deposit.
The hot scene made Xiangjiang colleagues jealous.
Seeing that the Xiangjiang financial market returned to calm and public opinion calmed down, MacLehose was finally able to go northward with peace of mind.
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