Hong Kong Movies: The Boss's Global Empire

Lu Zhilian and the others who were discussing countermeasures in the office looked at each other. Wang Manling murmured, "Team Leader, you really are a big devil."

Lu Zhilian cheered up: "Then let's do Yun Feiyang and Tian Can Bian Bian." Several people laughed at once.

Amidst his relaxed expression, a few strands of fighting spirit emerged.

The leader is Chen Taotao,

He had just finished chairing the board meeting.

Because Lu Wendong holds more than 51% of the shares,

There was no one on the board who could match him, so the reorganization went very smoothly.

"These handsome men must be colleagues from the Independent Commission Against Corruption."

Chen Taotao said, "My name is Chen Taotao, and this is Mr. Huang Changzan, the CEO of Overseas Trust Bank." Lu Zhilian glanced at Huang Changzan.

This person is an important role in the check wheel. After the reorganization,

How could he actually be the CEO of a bank? "Hello, Mr. Chen, Mr. Huang."

Lu Zhilian took out his ID and authorization letter: "I am Lu Zhilian, Investigation Commissioner of the Independent Commission Against Corruption. These are my colleagues." Wang Manling and others all showed their IDs.

"We received a report that your bank was involved in a fraud case..." "That's absolutely not the case."

Chen Taotao interrupted,

He said firmly, "This bank is operating well, and there is absolutely no such thing as what you described, Sir Lu."

Lu Zhilian was not surprised, seeing the situation before him,

They obviously have a solution.

"We hope not, so we came to take a look. We hope you can cooperate." "Of course, it's police-civilian cooperation."

Chen Taotao said: "It is our obligation to cooperate with the ICAC, and this will also reassure the general public."

He turned and pointed to the cart behind him. "These are the bank's financial accounts from the last few years. You can look through them anytime." "But you can't take them away."

Chen Taotao said: "I don't want the general public to panic because of this."

"It also prevents documents from being lost or damaged during transportation, which could affect the bank's operations later." "Of course."

Lu Zhilian said, "The most important thing in an investigation is confidentiality and the proper preservation of evidence. We agree with that." "Very good."

Chen Taotao then said to Huang Changzan, "Mr. Huang, cooperating with the ICAC is our obligation. You must do a good job, but you must keep it confidential." "Understood."

Huang Changzan said, "I have already announced the hiring of a third-party auditor." He looked at Lu Zhilian and the others and said, "I believe you Sirs will not mind this." The board of directors was reorganized.

Then hiring a third-party auditor is a fairly normal operation.

"I don't mind, I don't mind."

Lu Zhilian said, "The most important thing is that everyone has an explanation."

"well."

Chen Taotao just left.

The board of directors has been reorganized.

But it does not mean that there are no other things. Such a banking consortium,

There are so many things going on inside that it's enough to keep Chen Taotao busy.

As for Huang Changzan,

He smiled at Lu Zhilian and the others in front of him and said, "Sirs, if you need anything, please let me know."

"Helen."

A secretary stepped forward and said, "Mr. Huang."

"You will stay here and cooperate with Sir Lu and the others. Any needs must be met immediately."

Huang Changzan asked, "Mr. Lu, do you allow the use of our coffee machine? Or do you need me to order takeout?"

"I believe you will be staying here for a long time."

·0…………

"Apart from official matters, we will take care of everything else ourselves."

"it is good."

Huang Changzan didn't say much either.

He simply said, "Police and the public should cooperate. If you need anything, just notify Helen." Helen smiled at Lu Zhilian and the others and said, "I'll be working outside."

Outside is the passage.

Her office is equivalent to moving a table to the door, which is cooperation.

It is also a blatant surveillance, and,

Lu Zhilian and the others were still speechless. "It's hard work."

People under the eaves,

Lu Zhilian was naturally helpless and waited for Helen to come out.

He then said to everyone: "This is a tough battle."

Everyone nodded, the more they cooperated,

The greater the difficulty.

"But this also indirectly shows that overseas trust banks have serious problems."

Lu Zhilian said ambitiously, "Believe in yourself, we can do this." Everyone said in unison, "We can do this!"

Lu Wendong was listening to Chen Taotao's report on Overseas Trust Bank. "Boss."

Chen Taotao said, "Currently, there are 280 billion yuan in deposits in the bank account." "The total amount of loans is 160 billion yuan..."

From this ratio,

The 28 billion yuan in bad debts is indeed shocking.

This is partly due to the impact of the stock market crash in 81.

On the other hand, it is naturally because there are problems within the bank.

"Give these existing people nominal positions, but don't give them real power." Lu Wendong said, "The root is rotten. We need to start from scratch."

" clear . "

Chen Taotao also thought so.

He continued, "Now that the market seems to be recovering somewhat, I plan to reorganize the bank's operations and realign its structure."

Chen Taotao was sent by Wall Street to take charge of Wan Tong Bank in Hong Kong Island, so he must have really capable people under him.

Lu Wendong smiled and said, "Okay, but, Mr. Chen, I think there is another way to boost the morale and momentum of overseas trust banks." Chen Taotao's eyes turned,

Then he was surprised: "Boss, you don't want to issue shares and then acquire other banks?" "Hahaha, great minds think alike!"

That's right!

That’s what Lu Wendong thought!

The stock market crash in 81 severely damaged many banks, and the situation was extremely critical.

If not,

It is impossible for Zhang Mingtian to be fooled by Ye Zhuangling and then do this check round.

Even the Overseas Trust Bank is struggling, let alone other small banks?

To know,

Before this,

There are almost no restrictions on banks in Hong Kong.

As for its registration requirements, they are almost non-existent.

It is precisely because of the relaxed environment,

That is why there are so many banks and money houses in Hong Kong.

Only then will Hong Kong have the possibility to become a financial city.

Although banks are middlemen,

But it still has a strong effect on boosting the economy. "Yi Lian, Wing On, Kang Nian, Ka Wah, Sun Hung Kai…"

Lu Wendong has not been idle during this period.

He has been reading relevant news and industry reports.

Many banks have been hit hard, with bad debts piling up!

Crumbling! But,

These banks do not know that they are in the darkness before dawn.

As long as you hold on,

The sky will be the limitless sea.

For example, the banks that Lu Wendong just mentioned are basically established banks in Hong Kong.

Each store is not very large, with only about 10 stores.

As for bad debts, they range from 1-2 million to 5-6 million...

In fact, the issue of bad debts also depends on the market conditions. When the market conditions are tough,

That means you really want to break one cent into two and spend them, and then the bad debt will be very serious.

But when the market is good, bad debts are not worth mentioning.

"I estimate that with a rights issue of up to HK$8 million, we can acquire these banks. By then, through mergers and reorganizations, Overseas Trust Bank will be able to become the third largest bank in Hong Kong, a well-deserved title!"

If you really want to count it,

It should be the second largest bank.

Because Hang Seng Bank, which is now ranked second, is actually owned by HSBC!

Chen Taotao couldn't help but ask, "Boss, isn't that a bit too aggressive?" "These banks basically have bad debts."

Lu Wendong laughed: "If there are no bad debts, how could we acquire it?" "Mr. Chen, listen to me."

Lu Wendong was very sure about this.

He said: "To be successful, one must first have fate, secondly luck and thirdly money." Fate is the environment!

In the past few years,

Hong Kong's economy is sluggish.

The real estate and stock markets fell, and no one wanted to take out loans.

The willingness to repay is also weak, so the bank's bad debts are skyrocketing!

This has also caused many banks in Hong Kong to be in a dilemma.

They took money from Peter to pay Paul, and ended up in a tragic situation.

The market is about to turn around.

They died before dawn.

Lu Wendong believes that now is the time to rapidly acquire banks.

There are more banks in hand,

He can recruit more assassins.

This is a matter of killing two birds with one stone!

Chen Taotao thinks it's a bit too aggressive.

He advised, "Boss, I'm very confident in negotiating with Hang Lung."

"In fact, with these two banks in your hands, your voice in Hong Kong will be very powerful." "Taotao."

Lu Wendong said gently: "I know you think I'm being reckless and that I'm taking a chance."

If you don't know where the road ahead is, of course you're just fighting.

but,.

Lu Wendong knew exactly what was going to happen next, so he wasn't just gambling.

Instead, they are fighting a battle for financial discourse power that they are sure to win.

The world of the future,

Finance controls everything! Just like Japan,

What is the chaebol chaebol? In fact,

Behind it stands the banking consortium!

Chen Taotao said bluntly: "Boss, I think the risk is huge." With his professionalism and vision,

What Lu Wendong did was indeed very risky.

Lu Wendong smiled slightly: "You are right, common sense says that the risk is still very high."

"But I think I can bear the risk." "I can afford the loss!"

Chen Taotao sighed: "Boss, as your subordinate, I should advise you to try not to be too aggressive and try not to suffer any losses." "But you are the boss."

Chen Taotao said, "If you're sure, I can design some market-making plans." Lu Wendong laughed and said, "Okay, Mr. Chen, we must agree to this."

What he didn't tell Chen Taotao was,

The Hong Kong government is already studying how to regulate banks. On the one hand, it is Lu Wendong's memory.

On the other hand, Lu Wendong naturally analyzed the situation from the newspaper. The Hong Kong government was aware of the loopholes in banking supervision.

In September 1984, the Bank of England expert Richard Farrant was invited to Hong Kong to provide comprehensive advice on the revision of the Hong Kong Banking Ordinance. The relevant opinions were also published in the Gazette.

Afterwards,

The Office of the Superintendent of Banking used Richard Farrant's suggestions as a basis for developing a preliminary document for discussion.

Some of these fragments have been leaked "Six, Five, Seven",

However, the Hong Kong government has always implemented a hands-off approach, and many bankers did not take these opinions to heart.