Hong Kong Movies: The Boss's Global Empire

but,

Compared with bankers, they are still far behind.

Although both parties seem to be making money with other people's money, there are still big differences in essence.

Of course,

Being a banker in Hong Kong Island is also very risky... because Hong Kong Island is full of opportunities.

There are temptations everywhere,

It is easy to be blinded by various sugar-coated bullets.

This leads to decision-making failure and bankruptcy.

This is basically the situation of Hang Lung that Chen Taotao described.

Hang Lung was founded in 1935.

It was a silver bank at first.

It took 30 years for it to be upgraded to a bank. In the 80s,

Hang Lung Bank has 28 branches in Hong Kong, making it a medium-sized bank!

unfortunately,

Its owner overinvested during the real estate boom in the early 80s and ended up spending more than he earned.

In the 82 year,

It suffered a bank run due to the gold coupons of Xie Liyuan Gold Shop.

Hang Lung, which had finally managed to resolve the bank run with the support of Standard Chartered, was now faced with the serial debt issue of Diners Club Holdings. Because the owner of Diners Club Holdings was also the owner of Hang Lung,

This has led to questions about Hang Lung's solvency. It wasn't impossible to overcome this in the first place.

Unfortunately, the Sino-British negotiations had reached a deadlock, triggering an unprecedented currency crisis!

At that time, the Hong Kong dollar exchange rate plummeted.

Its exchange rate against the US dollar has reached a historic low of 9.6:1! The consequence is that the Hong Kong dollar's monetary system is on the verge of collapse, with the market refusing to accept the Hong Kong dollar!

This time,

Hang Lung finally couldn't bear it anymore. Chen Taotao was quite confident.

He spoke eloquently: "Since the Hong Kong government took over Hang Lung, it has been rectifying its internal accounting."

Hang Lung was the first company in Hong Kong to be taken over by the Hong Kong government before its bankruptcy.

The Hong Kong government never intervenes in the financial market. But this time it made an exception.

This is because the Hong Kong government realized that if Hang Lung went bankrupt,

It is very likely to trigger a new round of banking crisis.

This dealt another heavy blow to the already dire financial situation.

The Hong Kong government urged the Legislative Council to introduce regulations to temporarily take over Hang Lung at almost the fastest speed, and authorized the government to use foreign exchange funds to inject into Hang Lung.

have to say,

The decision made by the Hong Kong government at the critical moment saved Hong Kong Island's banking industry.

Chen Taotao continued, "Although Hang Lung has suffered losses of NT$3.36 million and still has nearly NT$1 billion in outstanding debts, its fundamentals are very good."

"I've carefully read the government report on Hang Lung, Lu Sheng, and I believe its operations are back on track." "And its outstanding debts are not bad debts."

"Even if those outstanding debts become bad debts, it won't hinder Hang Lung's smooth operations." Lu Wendong asked: "Why do you think the government will sell at 5.7%?"

“The government will definitely sell it!”

Chen Taotao firmly stated: "The government's temporary takeover of Hang Lung was intended to save the banking industry from a crisis."

"The original intention was indeed good, but it violated the regulations." "There is no way the government can hold on to Hang Lung for too long."

"My guess is that once Hang Lung's operations improve, the government will allow it back into the commercial banking system."

Lu Wendong applauded: "Miss Du said that Mr. Chen is Zhuge Liang."

"So, you want me to take advantage of this opportunity to make a profit?" The government cannot do business at a loss.

In order to save Hang Lung,

He has invested 3 million in it! If he wants to sell it,

The price must be more than 3 million.

The government certainly hopes that the price can be sold at a higher level.

Like a bank with a lot of debt on its head,

Everyone knows which one has the cheapest prices.

Zhuo Jingquan was secretly surprised.

Lu Wendong actually wanted to acquire a bank! His mind raced.

Then he came out to play the supporting role: "Mr. Chen, are you so confident?" "What if Hang Lung's situation is not so ideal?"

Chen Taotao looked at Zhuo Jingquan strangely.

Then he said, "Lu Sheng controls Wheelock. As long as he issues shares to the market, he can raise funds to acquire the bank."

"Even if Hang Lung is in trouble, Lu Sheng can still smooth it out through capital operations." "Also.

"and many more!"

Zhuo Jingquan's heart suddenly started beating wildly.

He blurted out: "Lu Sheng, Wheelock?" Chen Taotao immediately reacted,

It turns out that Zhuo Jingquan and Lu Wendong's relationship wasn't that close! He didn't even know it!

Then he apologized to Lu Wendong: "Sorry, Lu Sheng." "It's okay!"

Lu Wendong smiled and said, "Wheelock is indeed mine!"

Zhuo Jingquan was shocked!

He looked at the calm young man beside him in surprise. He had thought Lu Wendong's acquisition of Chinese Estates was impressive enough, but who knew...

They had already acquired Wheelock before this! That's Wheelock!

Zhuo Jingquan once thought about it. If he retired

The best treatment is to work as a security director in a foreign company like Wheelock and get an annual salary of millions.

In this life,

That's basically it.

Now the boss of Wheelock is right in front of him, and,

Or someone he has a connection with! Zhuo Jingquan's mind was extremely complicated.

Lu Wendong took in Zhuo Jingquan's expression, but he pretended not to know.

Instead, he quickly resumed his discussion with Chen Taotao: "Mr. Chen, Hang Lung's control has now been completely transferred to the government." "Do you think the government is willing to let go at this time?"

Chen Taotao replied: "Lu Sheng, what I admire most about you is not that you started from scratch, but that you are very good at using public opinion as a tool."

This is Chen Taotao's most clear understanding of Lu Wendong. At that time, after Lu Wendong had a conflict with Li Chengwu,

Why couldn't the Li family immediately take drastic measures to cut the Gordian knot?

It was because Lu Wendong staged and acted out the attack in front of the Golden Leopard Seafood Buffet.

In addition, it has awakened Hong Kong people's memory of Li Qishen, making the Li family somewhat restricted.

In the end, Lu Wendong used his assassins to kill him! From ancient times to the present,

Before the knife was drawn,

Public opinion has always been the most powerful weapon!

This is what Chen Taotao admires most about Lu Wendong: if there is no public opinion, he will create his own public opinion.

For example, friendship milk tea,

This was something new!

As a result, Lu Wendong opened hundreds of stores at once, instantly forming a cluster effect!

Public opinion blossomed in an instant! Until now,

Several similar milk tea shops have opened in Hong Kong Island, but Hong Kong people are already accustomed to going to Friendship Milk Tea!

It was because Lu Wendong himself created a hot topic of public opinion, focusing the attention of Hong Kong people.

Get a feel for their taste in advance! "Hahaha."

Lu Wendong smiled and said, "The one who knows me best is Taotao."

Chen Taotao added: "I estimate that if we add 1 million at most, the government will be willing to let go." It is definitely not a good thing for the government to compete with the people for profits.

You can't make too much money.

There will be criticism from the public.

It's not okay to lose money.

That is a waste of taxpayers' money. What about the extra 100 million?

Just right! "Taotao."

Lu Wendong suddenly shook Chen Taotao's hand: "You have planned this matter very well." "I think only you can do it."

Chen Taotao was stunned.

Then he smiled bitterly: "Lu Sheng, you made me dig a hole for myself." Zhuo Jingquan realized that

It turns out that Lu Wendong actually wants to poach Chen Taotao! Moreover,

Look like this,

Chen Taotao seemed to agree? He was deeply shocked!

Chen Taotao is a wage earner, that's for sure!

but,

Chen Taotao is the general manager of Vantone Bank Hong Kong Island. I won't mention his annual salary.

His abilities and connections are extraordinary.

Such an outstanding young man is actually willing to help Lu Wendong? He was secretly alert in his heart.

I should regroup my mood and plans.

This Mr. Lu is definitely not the Mr. Lu that he imagined!

Lu Wendong laughed heartily: "Taotao, what's the point of Wantong Bank?" "People just make a few random calls, and it's going to pull the plug."

How could Lu Wendong not understand Wantong Bank?

He continued, "Also, you appear to be the head of Vantone Bank's Hong Kong branch, but you don't have the final say on many matters." "You're also heavily influenced by headquarters. Sometimes, even important news requires telegrams. Business opportunities are fleeting."

Lu Wendong said: "I will be different, as long as you come over."

"Hang Lung Bank and the joint venture are both under your management. Apart from the strategic direction, you will be responsible for all the daily arrangements."

Zhuo Jingquan wanted to resign and follow Lu Wendong!

Let’s not talk about Hang Lung Bank for now, after all, it has not been acquired yet.

But this joint venture is well-known in Hong Kong Island. It is a listed company under the name of Wheelock.

Mainly engaged in securities trading, shipping and real estate,

Its business has always been the third largest business of Wheelock! Chen Taotao said: "Lu Sheng, do you think so highly of me?"

"I not only look up to you, but also look up to my own vision."

Lawrence Lu raised his glass with a smile: “I believe I won’t make a mistake in judging people, how about it?”

Chen Taotao felt warm in his heart.

He raised his glass: "Boss." Zhuo Jingquan was almost envious.

Just clinking glasses,

Chen Taotao became the CEO of a listed company and will be in charge of a bank in the future.

As it develops,

Their social status will be far higher than mine.

He quickly raised his glass and said, "Congratulations, congratulations."

Zhuo Jingquan is still a nobody in the eyes of Lu Wendong and Chen Taotao.

It’s normal actually.

Although Zhuo Jingquan is the commander of the Hong Kong Island region, he has great power.

but,

His authority couldn't help Chen Taotao, so Chen Taotao naturally had no requests for it, so how could he hold it in his heart?

On Lu Wendong's side,

He had his own agenda, and Chen Taotao happened to be there.

He can use Chen Taotao to indirectly criticize Zhuo Jingquan.

Chen Taotao said, "Boss, you want me to be in charge of the joint venture. Are you optimistic about the future market?"

Lu Wendong acquired both Wheelock and Chinese Estates through capital operations, and

Its methods are subtle and unobtrusive.

It can be said that those who are good at fighting have no great achievements! Chen Taotao thinks

Lu Wendong must be very proficient in manipulating the stock market. "So, Taotao, you have the same idea?" "Great minds think alike."

The waiters are serving the dishes one after another.