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

Since the announcement of Far East Group's HK$500 billion rescue plan, Hong Kong people's enthusiasm and confidence in Hong Kong stocks have been greatly increased.

Thanks to Hong Kong investors and the stock buybacks of major well-funded companies, the Hang Seng Index rose by more than 200 points in just one month.

Although this increase has slowed down, the growth continues.

It is expected that it will not be a problem to break through 1400 points by the end of the year. Even 1500 points are expected to be hit.

But just when Hong Kong stocks were booming, the financial industry exploded.

Xie Liyuan Jewelry, a century-old store that was founded in Haojiang during the Qing Dynasty, suddenly revealed that the Xie Liyuan Gold Shop opened by its family branch on Hong Kong Island has problems with its funds, and investors will not be able to redeem the gold coupons in their hands.

This matter started ten years ago.

Xie Zhichao, a member of the Xie Liyuan family from a prominent Haojiang family, opened the Xie Liyuan Gold Shop on Hong Kong Island and launched the Qianzu Gold Accumulation Plan on Hong Kong Island, which also marked the beginning of large-scale gold speculation in Hong Kong Island.

Hong Kong residents can open a gold trading account by purchasing gold worth one penny, and speculate in gold based on the gold price of the day.

Although Xie Zhichao's Xie Liyuan Gold Shop and Haojiang's Xie Liyuan Jewelry are not related in any way in terms of business or law, relying on the stable operation, reliable reputation and brand image of Xie Liyuan, a time-honored brand belonging to the same Xie family, Xie Liyuan Gold Shop has established a strong presence on Hong Kong Island. popular.

At that time, Hong Kong people were proud to own Xie Liyuan gold coupons, and Xie Liyuan Gold Shop attracted more than 2200 million Hong Kong dollars in investment.

However, after receiving the funds, Xie Liyuan Gold Shop did not buy or sell gold in the gold market according to customer requirements, and it did not have gold reserves. It can be understood that Xie Liyuan Gold Shop was shorting gold.

The price of gold has fallen, and customers who have paper gold such as gold rolls cannot redeem them at the original price. Xie Liyuan Gold Shop can make a lot of money.

Vice versa is also true.

However, Xie Liyuan Gold Shop's short selling was not conventional short selling, because he had no reserves and used all the funds to invest in other industries.

This means that it is okay if no one exchanges money. Once there is a small-scale exchange wave and Xie Liyuan Gold Shop cannot come up with so much money, a run will naturally happen.

From the time the media broke the news to the public run on the company, Xie Liyuan Gold Shop was unable to withdraw funds in just three days, and a bigger storm formed.

The media discovered that Xie Liyuan Gold Shop had a close relationship with Hang Lung Bank, so a large number of users holding paper gold went to Hang Lung Bank to ask for cash.

Seeing this situation, Hang Lung Bank's own savings customers were also afraid of losing their savings and joined the bank run frenzy. Within two days, more than 7000 million Hong Kong dollars were withdrawn.

The panic has spread, and it will be difficult to suppress it.

Without a big force to guarantee Hang Lung Bank, it would be difficult to rely on Hang Lung Bank alone.

"Now is just the beginning. Once depositors in Hong Kong Island and Kowloon hear the news and start running, it will only be a matter of time before Hang Lung Bank goes bankrupt without new capital injections. By then, all small and medium-sized banks in Hong Kong will not be able to do anything about it. Take care of yourself."

Seeing Robert analyzing the future development of this financial crisis, Luo Nianzhong asked, "Do you want to get involved?"

Robert nodded and told his plan.

"Now is a good opportunity for us to rectify the small and medium-sized banking industry on Hong Kong Island.

Judging from the current situation, if there is a bank collapse frenzy, it is impossible for HSBC to take action on Hong Kong Island based on its current positioning.

Then the only ones left with the ability to take over these banks are us, the Hong Kong government and Standard Chartered Bank.

The Hong Kong government now has money, and our down payment of HK$36 billion in the New Territories has just been delivered to them.

However, it is still unknown whether the Hong Kong government will be willing to accept it under the current circumstances. Everything will be known until the Iron Lady comes.

Standard Chartered Bank is indeed capable, but their strategy determines that they will only attack a few of them to make up for the lack of Standard Chartered Bank's influence in some areas."

After speaking, Robert looked at Luo Nianzhong with a solemn expression, "If the final result of the arrival of the Iron Lady is as you said, the Hong Kong government's future funds should be more willing to invest in infrastructure.

After all, these projects can be handed over to Yingzi Enterprises, and they can be transferred to the mainland in a better way, and Rabbit can also accept better development on Hong Kong Island."

Luo Nianzhong pondered for a moment and said, "Yes, the British government would be more willing to see the chaos in Hong Kong Island by then."

After speaking, Luo Nianzhong asked, "I remember that Diners Finance is almost insolvent now, right?"

"Yes, if this news gets out, I don't think Hang Lung Bank has any chance of survival."

The director of Diners Finance is Zhuang Rongkun, the founder of Hang Lung Bank. Diners Finance now owes more than HK$7 million to various financial institutions in North America. This amount of money has exceeded the current asset value of Diners Finance.

If everyone knew that Diners Finance and Hang Lung Bank still had a bad debt of HK$8 million that was not bad debt, the current situation would immediately collapse.

"You can take care of this matter. I agree with your plan."

When a bank explodes and is run on, it is always the big banks that benefit, because they have a guaranteed reputation.

There is a run on money all over Hong Kong. Will the withdrawn money be kept at home? Wouldn't that tell those thieves that you came to steal from me?

In the end, the money will definitely flow into a place that Hong Kong people trust, that is, Far East Bank, Hang Seng Bank, Standard Chartered Bank and HSBC.

New savings came in, and they could use the money to buy out the banks from which they had just taken their money.

This is one of the reasons why large banks with Western capital will not fail. Those large banks that can fail are not because of the financial crisis but because of secret deals.

"Have the British funds been withdrawn?" This is the purpose of Luo Nianzhong's visit today.

"Withdrawal, but I don't understand why we don't go short on the backhand?".

Thatcher came to the rabbit with the attitude of winning the Falklands, but the result may not be satisfactory. This will give a wake-up call to London's stock market, which has surged since the victory of the Falklands.

But generally speaking, the West is about to enter a bull market era, and it is still rising at a high speed. This wave of London's strategic retreat is just for a small dip.

"When the time comes, do you think the Conservative Party, which needs to divert conflicts, will sell us out? Or even push this wave of stock market shocks onto us?"

Most of the funds in the British stock market are traceable, which was also Luo Nianzhong's attitude in supporting the Iron Lady.

"Understood".

Robert's Wall Street thinking seemed unusable to Luo Nianzhong. Wall Street focused on maximizing profits, and it didn't care how much infamy it suffered.

Anyway, those serious people dare not touch you, otherwise who will provide you with campaign funds?

But Luo Nianzhong is different. He is not a local company.

Although I will also invest in some Zhengzhi, after all, my influence is not that great now, and it cannot compare with Wall Street.

Once given the opportunity, those regular customers would not mind letting this outsider take the blame.

When the full privatization of England is completed and the Luo family's power is completely rooted in England, then Luo Nianzhong will be able to do whatever he wants.