Hong Kong Movies: The Boss's Global Empire
Chapter 37: Golden Leopard is still overcrowded
This is the same as the current Hong Kong stock market, which is also unregulated.
There is not even such thing as insider trading! For example,
Currently, Hong Kong stipulates that insider trading is only subject to administrative penalties. If discovered,
It will only be submitted to the Hong Kong Island Insider Dealing Tribunal for adjudication.
Just pay a fine to the Hong Kong government.
The maximum amount shall not exceed three times the profit or loss avoided from insider trading.
The Hong Kong stock market is full of scams! There are even fake stocks!
Lu Wendong followed up, "The second reason is, of course, that the scammers were familiar with the bank's top management and successfully gained their trust." Le Huizhen had heard Lu Wendong say this before.
It is said that the bank's top management simply colluded with the scammers, thinking,
Banks are really dirty.
Lu Wendong added: "At the same time, it also has superficial benefits for banks."
"For example, due to frequent exchange rates, banks can earn high fees and the difference in the exchange rate of the US dollar." "The large volume of foreign exchange transactions can enhance exchange rate bargaining power."
"At the same time, the turnover has increased significantly on the books." Le Huizhen was confused.
Lu Wendong smiled and said, "A bit confused?" He rubbed Le Huizhen's little head,
Like sucking a cat,
He then went on to say, "The check wheel itself doesn't make money for the scammers because they have to sell the dollar checks to banks at a discount, which includes high handling fees and the difference in the dollar exchange rate. He uses the cash from the discounted dollar checks to speculate in gold and invest in Central American casinos, generating profits that allow him to continue investing and maintain the check wheel's operations."
“It’s a line.”
Lu Wendong smiled and said, “If he can keep making money, then there won’t be a big problem!
Unfortunately, the gold market has been sluggish in recent years, making business even more difficult. He lacks the cash flow to maintain the balance of his checks. He writes more and more checks, but they can't be cashed, and they become "bad checks."
Le Huizhen suddenly realized: "And then, the bank made a mistake on top of a mistake?" "That's right!"
Lu Wendong's expression suddenly became serious. Actually, at this point,
The problem is not unsolvable. What a pity!
He said slowly, "Because the losses caused by the check wheel are too great, the bank's top management is afraid that normal loss handling will expose the serious financial crisis of Haituo." "So!"
Lu Wendong suddenly sneered. In fact,
It is very common in the financial world to lie to superiors and deceive subordinates. As for other dirty things,
The list goes on! Let's just say,
Even when Lu Wendong was doing money laundering, he still felt that he was more innocent than these guys!
"These guys suddenly had an idea and started lending money to the scammers!"
There is a bloody joke in the financial circle: If you only owe the bank a few hundred thousand,
The bank can force you to go bankrupt. If you owe the bank tens of millions or hundreds of millions,
The bank can treat you like an ancestor.
We even have to lend extra money in the hope that this ancestor will make a comeback!
Anyway, nothing must happen to this ancestor!
That's what Overseas Trust Bank does!
"Generally speaking, lending is a normal investment for banks and is considered as future profit income for the banks," Lu Wendong said.
"Overseas Trust Bank executives used fraudulent loans to generate profits on their books, which they then used to cover up bank losses caused by cheque rolls. They also distributed the fraudulent loans across multiple Overseas Trust Bank branches, making them difficult to track."
Le Huizhen stared blankly at Lu Wendong in front of her, with both admiration and fear in her heart.
He murmured, "How could they be so unscrupulous? They don't even consider the depositors at all." Lu Wendong said calmly, "It's not your own money, why should you consider it?"
Le Huizhen was shocked!
"A scam is a scam. It's just a numbers game. No matter how long it spins, it will never make up for the real losses."
"The most frightening thing is that overseas trust banks are currently using high-interest deposits to attract deposits, hoping to fill this shortfall," Lu Wendong said. "And as long as the check cycle keeps turning, this hole will only get bigger."
"Do you know what to do?" Le Huizhen gritted her teeth.
There was even more murderous intent in her phoenix eyes: "Brother Dong, I will definitely not let these people have an easy time."
"We must help the general public get justice!"
"We must not allow the hard-earned money of the general public to be wasted by these people!" Ding!
Tip: Activate the new task and short the Overseas Trust Bank!
Tip: Rewards will be given based on the host's income, including but not limited to lifespan, attribute points, stock codes, etc. Huh?
Lu Wendong pondered,
This quest is triggered like an antelope hanging its horns without a trace!
Was it triggered suddenly?
Is it because the system judged that a third party, Le Huizhen, had confirmed to join? Lu Wendong was puzzled.
but,
He's happy to see it work.
"You report it as I say."
Lu Wendong was very confident: "When the time comes, no matter how the overseas trust bank defends itself, people in the industry will take advantage of the opportunity to kick it when it's down." He is an expert!
What I said to Le Huizhen was absolutely insightful!
After watching it, people in the industry
You can verify it yourself immediately! Moreover,
By then, it is possible that the Commercial Crime Bureau or the Independent Commission Against Corruption will take action.
When this overseas trust bank collapses and everyone pushes it down, retail investors will jump in and buy it.
Lu Wendong has reaped a lot of rewards!
A few days later,
A news report exposing Overseas Trust Bank's involvement in a cheque fraud scam has just been released!
It immediately caused a sensation in Hong Kong! You know,
At that time, the Overseas Trust Bank was the third largest bank in Hong Kong.
It was founded by Chinese people and has always been trusted by Hong Kong people!
In addition, Overseas Trust Bank has launched a high-interest deposit service to give back to the community!
I don’t know how many grandmas and housewives happily took out their savings from the bottom of their boxes and deposited them in overseas trust banks.
result,
There's a report saying that Overseas Trust Bank is embroiled in a cheque scam and has a net loss on its books!
Doesn't this clearly mean that overseas trust banks are cheating depositors out of their money?
As soon as the news came out, the whole of Hong Kong was in an uproar!
Immediately, depositors went to withdraw their money.
Overseas Trust Bank immediately announced the matter.
This means that the bank has good funds and everyone can deposit and withdraw money freely.
He also solemnly stated,
Journalists should pay attention to the authenticity of news! The possibility of suing journalists for fabricating stories cannot be ruled out.
Lu Wendong sneered after taking a look at the newspaper. If this overseas trust bank has the confidence,
It is entirely possible to publish financial reports and real transactions with scammers! As a result,
However, the Overseas Trust Bank babbled about irrelevant issues and gave no direct response.
He thought to himself,
It seems like this world's overseas trust banks are incredibly vulnerable. Ding ding ding!
Lu Wendong picked up the phone on the table: "Talk." "Brother Dong."
The person on the other end of the line is Le Huizhen.
She stammered, "An uncle of mine wants to meet you after reading the report."
Le Huizhen followed up, "Don't worry, I didn't tell you your name. I was just asking first." "Is this uncle in the stock market?"
Le Huizhen asked curiously, "Brother Dong, how did you know?" Lu Wendong smiled.
Professional things are only for professionals to see. He asked Le Huizhen to do the report.
It is to give Overseas Trust Bank a big push!
And in order to make this bank die faster, powerful people must join in! Lu Wendong looked at the time.
I will sign the lease contract in 30 minutes.
I also made an appointment with Teresa Du from Wantong Bank to have lunch together. I said, "I'm free at 14 p.m."
"I'm going to visit this uncle."
On the other end of the phone, Le Huizhen was obviously relieved.
Then he said softly: "Brother Dong, when the time comes, just call him Uncle Tong."
"Uncle Tong is the top broker in Hong Kong and once served as the president of the Chinese Banking Association." Lu Wendong's expression suddenly became serious.
Always
The stock market in Hong Kong Island was divided among the four exchanges: the Chinese Bank, the Hong Kong Club, the Kowloon Club, and the Gold and Silver Club!
Chinese Bank ranked first among the four associations.
Its trading volume accounts for more than 70% of Hong Kong's trading volume! After the July 3rd stock market crash,
In view of the management difficulties and complicated procedures for cross-exchange transactions, the Hong Kong government has begun to merge the four exchanges into one!
According to information released by the Hong Kong government,
Chinese Bank will hold a considerable stake in the new Hong Kong Stock Exchange!
Someone who could serve as the chairman of such a heavyweight exchange must be a major player in the stock market!
"clear."
Lu Wendong racked his brains but couldn't recall having read any news about his uncle. There are two possible scenarios.
One is that my uncle retired from the world of fame and fortune a long time ago and no longer accepts any reports.
Another one is,
This person had a profound influence.
He has connections with various media tycoons, so the media dare not report on it.
Either way,
This shows how capable this person is!
"Did the report cause you any trouble?" Le Huizhen felt sweet in her heart.
The man is caring about himself,
Then he said softly: "Brother Dong, since I am a reporter and I dare to report, I am not afraid of anything." Lu Wendong nodded slightly.
It seems that
The relevant stakeholders of Overseas Trust Bank put a lot of pressure on the newspaper where Le Huizhen worked.
He said, "If it's fake, it's fake. They won't last long." "By then, you'll be the most famous reporter in Hong Kong!"
At that point,
Really successful, on the phone,
Le Huizhen smiled sweetly: "Brother Dong, it doesn't matter whether he is a big reporter or not." She thought to herself,
The most important thing is to be able to help you, Dong Ge.
It is said that Dong Ge is definitely shorting Overseas Trust Bank! Because,
This operation is too sharp, too standardized, and yet too impeccable!
It was a perfect surgical operation.
Overseas Trust Bank was completely unable to resist!
It's noon
The leopard is still overcrowded.
Teresa Teresa, dressed in a professional OL outfit, said admiringly: "Congratulations, Mr. Lu, you have successfully run Golden Leopard." Golden Leopard has been open for more than 20 days.
normal times
It can basically maintain more than 70% of passenger flow.
On weekends, it will definitely be packed!
No matter who it is, one can only admit that
The once underappreciated Golden Leopard Seafood Buffet has now successfully established itself in the Hong Kong Island restaurant industry!
Teresa Teresa admired him very much.
Hong Kong Island's catering industry is quite developed, and diners have discerning tastes.
In order to retain these diners,
Those restaurants and hotels rack their brains to come up with unique skills, such as secret beef brisket...
How can a novice dare to enter the catering industry? Even if he enters,
Most people just open an ice cream parlor or something like that, unlike Lu Wendong,
-Start by opening two Golden Leopard Seafood Buffets, and keep them affordable!
that's it,
He actually managed to do it! "Not worth mentioning."
Now that the deal is done,
Lu Wendong never talks about it. He likes to explore and develop.
Keep moving forward!
Until this world can no longer accommodate him! Teresa Du pursed her lips and said, "Mr. Lu is so modest."
"By the way, your loan applications for the two new Golden Leopard Seafood Buffet stores have been approved."
Lu Wendong raised the wine glass in his hand: "Thank you." Teresa Du's pretty face flushed,
She said softly, "Actually, I want to thank Mr. Lu."
"The bank said my performance was outstanding and they were going to promote me to investment director."
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