We are all reborn, who wants to be the richest man?

While Chen Songqing was reading the newspaper and thinking about countermeasures, HSBC was also holding an emergency meeting at this time.

Early in the morning, Shen Bi's pajamas were soaked instantly when he saw the content published on Southeast Finance. He notified all the company's senior executives without even eating breakfast and asked them to come to the company for a meeting immediately.

"What is the amount of Jia Ning's loan from our bank?".

There was no nonsense at all. As soon as he opened the door and walked into the conference room, before even sitting down, Shen Bi asked the question he was most concerned about right now.

"Jianing's loan amount in our bank exceeds 19 billion Hong Kong dollars, 19.2 billion to be precise."

"What about him personally?"

"The total amount exceeds 14 billion Hong Kong dollars, all of which are used for Jiani Computer. Chen Songqing used his shares of Jiani Group as collateral, and".

Ben Lit didn't say anything else. From the cautious look at Shen Bi, he knew that Shen Bi was at fault here.

"Say, there is nothing to hide." Shen Bi's face was ashen as he asked Benlit to continue.

"Furthermore, the loan given to Chen Songqing exceeded the regulations. This was approved by you personally at the time."

"How many?"

“70%, according to yesterday’s stock price, it is almost 90% of the collateral.

We have asked Chen Songqing to add additional collateral, and Chen Songqing also agreed to us. But looking at the current situation...".

Needless to say, everyone knows what I mean. Shen Bi, the executive who leads HSBC out of Hong Kong Island, is afraid that he will encounter Waterloo.

Judging from the current situation, as soon as the stock exchange opens today, it is certain that Jianing's stock will plummet, and market supervision is also likely to intervene.

Regardless of whether Chen Songqing is manipulating the stock price in violation of regulations, the market value of Jiani Group is very difficult. The loan from HSBC definitely exceeds the stock price.

Normally, a company uses its stock as collateral to borrow money from a bank, and the loan amount is generally about 50% of the value of the stock.

But I don’t know whether Shen Bi wants to challenge the Far East Group or is unwilling to be robbed of Hong Kong Island’s commercial status by the Far East Group and wants to fill the gap for the other party.

Or maybe you really want to enter this money-making track and open up a new loan field for HSBC.

Anyway, when Chen Songqing invested the first HKD 10 billion, Shen Bi provided a loan based on 70% of the collateral.

At that time, Jianing's stock price was at its peak, changing day by day, so there was no problem in doing so.

But things are different now. A violation is a violation, and the board of directors will not listen to your explanation.

"What if we estimate based on the worst-case scenario?"

Now is not the time to argue about right and wrong. As a senior manager at HSBC, Shen Bi's most important thing right now is to formulate strategies based on the development of things.

"If, as reported by Southeast Finance, Jianing Group still has a debt of HK$40 billion in Yumin Finance, the worst plan is bankruptcy and liquidation, and the assets we will get back will probably not exceed HK$ billion."

The current market value of Jianing is 95 billion. In this stock market decline, Jianing has suffered a smaller decline.

But Jia Ning has a lot of debt, HSBC has 33.2 billion Hong Kong dollars, Yumin Finance has 40 billion Hong Kong dollars, and other banks have 18 billion Hong Kong dollars, which together exceeds 91 billion Hong Kong dollars.

But don’t forget that the high stock price of Jia Ning is entirely due to Chen Songqing’s sage-like hype skills.

Now investors know that all this is false. As far as Carining's own assets are concerned, it would be good to have half the current market value.

After the market opens today, it is a foregone conclusion that Jianing Group will be insolvent.

The most terrible thing is that the 5.5 billion Hong Kong dollars that Carining borrowed from Yumin Finance were settled in U.S. dollars. At that time, the exchange rate between Hong Kong dollars and U.S. dollars was 1:7, and now it is almost 1:. This loan resulted in an invisible loss of hundreds of millions. Hong Kong dollars.

"Mr. Taipan, I think our focus now should not be Jianing.

We have no control over what happens to Jianing, but HSBC's stock price must not collapse, especially since the three-legged stool plan you formulated is now the key."

How could Shen Bi not know this? However, with more than HK$30 billion in bad debts, it is impossible for HSBC's stock price not to fall.

What HSBC needs to do now is to stop losses and control the decline in stock prices within the range it can bear.

In fact, HSBC's market value has a huge impact, especially the three-legged stool plan. Shen Bi feels that he cannot afford to lose it, because it is his greatest achievement.

Before 1980, HSBC was only a regional bank, mainly serving Hong Kong Island.

However, Hong Kong Island is limited in size after all. In order for HSBC to grow into a first-class international bank, Shen Bi specially formulated a three-legged stool plan.

The three-legged stool plan is based on Hong Kong Island and assists Europe and North America.

The plan to achieve simultaneous development in Asia, Europe and the Americas will allow HSBC's financial network to expand globally.

So in the second year after Shen Bi became the top manager of HSBC, the three-legged stool plan it formulated was officially launched.

In 1978, HSBC reached a merger and acquisition cooperation with SITC, the thirteenth largest bank in the United States. Last year, it opened HSBC Canada. It is now competing fiercely with Standard Chartered Bank for the Royal Bank of Scotland in the UK.

At this time, if HSBC breaks out negative news and causes funds to be trapped, it is likely to make the European plan fly over the edge, and ultimately make Standard Chartered cheaper.

By then, if you want to find a suitable European stool leg, it will not be available. No one knows what the subsequent development will be.

"Do you know what I'm most afraid of? What I'm most afraid of is that this Jianing incident is not just a simple report but is directed at HSBC, and it even has a bigger plot."

"You mean Luo Nianzhong and Far East Bank?" Ben Lit exclaimed.

"Yes, the two sides are currently discussing the issue of sovereignty, and Britain's biggest bargaining chip is the economy of Hong Kong Island.

If this incident turns out to be true, the Hong Kong stock market will definitely be hit hard again. If the Hong Kong government wants to rescue the market, HSBC will make the right choice.

But now we are unable to come up with funds to rescue the market because of the European plan and the involvement of the Carin case. Who else on Hong Kong Island can come up with such a large amount of cash besides us? "

Shen Bi looked far ahead, and the results of his analysis shocked everyone.

"But if Luo Nianzhong rescues the market, he will definitely offend Rabbit. Judging from Luo Nianzhong's layout of the Far East Group in the past few years, he attaches great importance to the development of Rabbit."

Hearing this, Shen Bi sneered, "Do you really think there is still hope for Britain here on Hong Kong Island? If so, why do we need to make a relocation plan? The problem on Hong Kong Island is not at all a question of whether the economy is stable."

"Then what does Mr. Taipan think Luo Nianzhong wants?"

“I don’t know the specifics, but the right to issue banknotes is certain.

Don’t forget that the linked exchange rate system will be implemented next year. By then, you will need to pay US dollar security deposits for every Hong Kong dollar issued.

In terms of U.S. dollar reserves, we cannot compare with the Far Eastern Bank, which is supported by the entire Far Eastern Group."

The reason why the Hong Kong dollar is called the little dollar is because of the linked exchange rate system that is about to be reformed.

The specific content of this system is to peg the Hong Kong dollar to the US dollar and implement a fixed exchange rate of 7.8:1.

Banks with the right to issue banknotes have to pay a US dollar security deposit for every 7.8 Hong Kong dollars issued, so the words pay on demand are printed on Hong Kong dollars.

The Hong Kong dollar is not so much a currency as it is a US dollar exchange certificate.

"Luo Nianzhong is going to start deploying the financial industry. Far East Bank is now the second largest bank in Hong Kong Island. It seems that he is not satisfied."

After Benlit finished speaking, he asked, "Then what should we do? Are we just going to sit back and wait for death?"

"Otherwise? The law that capital is king is eternal in the capital market.

We cannot give up the opportunity to acquire Royal Bank of Scotland to underpin Hong Kong stocks. This is not in our interests. Luo Nianzhong must have seen this.

Now thinking about when I led Chen Songqing to meet Luo Nianzhong, maybe they have been digging a hole for us since then.

Just wait, Luo Nianzhong definitely has a backup plan."

As soon as Shen Bi finished speaking, the door to the conference room was pushed open, and the secretary informed, "Mr. Taipan, the Governor of Hong Kong wants you to come over now."

“Ha, whatever is supposed to come will come.

I will go to the Hong Kong government first, and the next run will be up to you."

After arranging the next matters for HSBC, Shen Bi left again before he could take a sip of water.