v3 Chapter 1050： Brokerage companies and banks

Recommend to all book friends to read: Rebirth of the name of the most powerful stock goddess, the foundation of the world Chapter 1050 sent to the securities companies and banks

(..) MacLehose's pupils shrank, and he took a deep look at Xia Yu with a smile, and understood Xia Yu's purpose in seconds.

Xia Yu's words reminded him that after quick weighing in his heart, he decided to agree to Xia Yu's request.

He also believed that the financial market of HeungKong was too chaotic, and that the juxtaposition of the four major stock exchanges restricted the development of HeungKong's financial industry, which is why the merger of the four was promoted.

In fact, he was also not satisfied with the people behind the four major exchanges arguing and competing for benefits, but there was no suitable opportunity to warn them.

But this time the stock market crash has not only had a huge impact on Xiangjiang's listed companies, it has also caused serious damage to the four major exchanges. Now is an excellent opportunity.

However, although the merger of the four institutes is a strong push by the Hong Kong government, it still needs to convince the relevant stakeholders if it is to be truly implemented. The Hong Kong government is at best giving a sword.

Therefore, MacLehose said to Xia Yu: "Mr. Xia, the execution of the founding committee of the United Stock Exchange is indeed very poor. If you have a suitable person, even if you recommend it to me, I will adjust the relevant personnel."

"But apart from these, the rest is up to you. I believe in your strength, Mr. Xia."

MacLehose’s attitude is enough!

Xia Yu smiled and said gratefully: "Mr. Governor, thank you!"

"Please rest assured, most people in Xiangjiang hope to have a good investment environment."

MacLehose happily said, "I'm relieved with Mr. Xia's words."

"Ha ha……"

...

After chatting again for a while, Xia Yu was ready to leave when it was too early.

"Mr. Governor, it's late, so I won't bother you. I'll come to you for tea next time."

"Okay, you are always welcome!"

MacLehose and his wife sent Xia Yu and Li Qian to the door, smiled and waved to watch Xia Yu's car leave.

"I should be able to fall asleep tonight..."

After regaining his gaze, MacLehose sighed in relief.

These days, the stock market crash and the banking crisis have kept him busy, and the large numbers of petitions gathered at the door of the Hong Kong government every day to hope that the Hong Kong government will introduce effective measures to curb the stock market crash also put him under tremendous pressure.

He was already in his sixties, and the quality of his sleep was very poor. The tremendous pressure these days made him unable to sleep every night.

Now Xia Yu, the real economic hegemon of Xiangjiang, surpassing HSBC, is willing to make a move, and he believes that it will definitely be effective.

He suddenly looked forward to what Xia Yu would do...

...

Early the next morning, after Xia Yu went to work, he was planning to summon his subordinates to arrange work, but he did not expect to receive a call from his partner Feng Jingxi for help.

Because the matter involved is extremely important, Feng Jingxi hung up the phone after learning that Xia Yu had time, simply said a few words, and planned to visit Xia Yu in person to make it clear to him.

After Xia hung up the phone, he sat in his seat and thought for a while, and then respectively called Liu Tianci and Wang Qi, and asked them in detail about the current situation of Sun Hung Kai Securities and Sun Hung Kai Bank.

Feng Jingxi may have really burnt his ass. Less than ten minutes after he finished the phone call, he came to Xia Yu's office.

Seeing Feng Jingxi's bloodshot eyes and somewhat thin face, Xia Yu was a little surprised, but considering the current situation Feng Jingxi was facing, he was relieved.

"Mr. Feng, please sit down! This is freshly brewed tea!"

"Thank you!"

Feng Jingxi thanked him and took a sip from his teacup. It seemed that he was drinking a little urgently, and he burned his mouth. Xia Yu was watching all the time.

Seeing Feng Jingxi a little embarrassed, Xia Yu asked with a smile on his own initiative: "Mr. Feng, it was not clear on the phone just now. The situation on your side seems a bit bad now?"

Feng Jingxi trembled and sighed. He looked at Xia Yu and said bitterly: "Mr. Xia, I blame my company for being too aggressive, causing me to be so downhearted. I can't take care of my face. This time I am here to ask you for help, and now I cannot protect myself!"

"If one is not good, both Sun Hung Kai Bank and Sun Hung Kai Securities may fall!"

"I thought about it. At this point, only you among the partners can save me."

Xia Yu looked solemn and asked: "Mr. Feng, don't worry, I have a lot of things. I don't know much about Sun Hung Kai Bank and Sun Hung Kai Securities. Can you tell me the specific situation first?"

Feng Jingxi nodded and explained his own situation: "Mr. Xia, the funds of the securities company are basically locked up. The stock market crash has been too violent. I have no time to deal with it. The stocks of many companies I bought have fallen below the level. The closing line is closed, but now I can’t close the position even if I want to close it."

"Because the securities company obtained leverage support from Sun Hung Kai Bank in terms of funds, Sun Hung Kai Bank suffered a very large loss."

"Besides, I was inadvertently deceived by Chen Qingsong. I lent a total of 350 million Hong Kong dollars to Carrian Real Estate. Now, with the bankruptcy of Carrian Group, this loan has suffered serious losses, with a loss of at least 250 million Hong Kong dollars.

"The most important thing is the run crisis. Since the outbreak of the run crisis, depositors have withdrawn more than 300 million Hong Kong dollars in deposits. Now Sun Hung Kai Bank's fund treasury is in a hurry, and the reserves are now less than 80 million Hong Kong dollars!"

"But the run crisis has not been alleviated at all. The remaining cash of less than 80 million Hong Kong dollars will not last long. I can't think of other ways to eliminate the run crisis."

"Investors in securities companies have also begun to claim back investment funds from us, and now they can only cope with difficulties."

"Mr. Xia, now I am about to reach the end of the world!"

As Feng Jingxi continued to tell Xia Yu frowned.

The situation is even worse than what Wang Qi and Liu Tianci said!

However, he did not blame Wang Qi and Liu Tianci for their thoughts.

After all, Jiuding Securities only holds 10% of the shares of Sun Hung Kai Securities, and it does have limited knowledge of Sun Hung Kai Securities.

Although Jiuding Bank holds 30% of the shares of Sun Hung Kai Bank, it has not snatched the bank's management rights. It is normal that the bank’s understanding of Sun Hung Kai Bank’s situation is not as good as Feng Jingxi’s chairman and president.

Having said that, according to the situation described by Feng Jingxi, both Sun Hung Kai Securities and Sun Hung Kai Bank have suffered serious losses and both have great risks of bankruptcy.

He is capable of helping. Last night, he also promised MacLehose not to let the medium-sized banks go bankrupt, but what can he get?

After a thought flashed in his mind, Xia Yu, as a face of difficulty, said to Feng Jingxi: "Mr. Feng, Sun Hung Kai Securities and Sun Hung Kai Bank are in such a serious situation and there is a high risk of bankruptcy. Even if I want to help, it may not work. what!"

Feng Jingxi suddenly became anxious, and he didn't want to analyze Xia Yu's purpose.

Anyway, as long as Xia Yu is willing to help him, otherwise the two companies will go bankrupt and he will have nothing.

He had already thought about it when he came. As long as Xia Yu was willing to help him, he would basically agree to most of the conditions. After all, how could it be better than the two companies to go bankrupt?

"Mr. Xia, as long as you are willing to make a move, you will definitely be able to help me."

"And I'm not asking you to help me for no reason. Feng Jingxi can't do this kind of thing!"

Xia Yu's expression moved slightly, he picked up his teacup and took a sip of tea, pretending to ask casually: "Mr. Feng, what are your plans then, you might as well speak up."

n.

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