Take Arada back to the past

Chapter 780, Impossible, Absolutely Impossible
The next morning.

There was already a lot of discussion in the meeting room of the HSBC building.

"Such a weak Chinese bank actually dared to challenge the banks of our British Empire."

"Yes! During the last real estate crisis, we could have made a lot of money, but these people took action and ruined our chance to monopolize the retail banking industry."

"It's time to teach them a lesson."

At this time, the bank's boss was watching the people below talking, but he himself was thinking in silence.

The bank's gold reserves are indeed small.

But he never worried.

Because banks don’t need so much gold, their brands are more valuable than gold.

As long as the Far East Bank can't hold on, they will be able to stabilize the situation quickly.

He didn't believe that the other party had so much gold.

There is a reason why these people don’t know that Yang Xiaole’s company in Africa has so much gold.

That's tariffs.

When it was leased, in order to prevent the mainland from collecting tax revenue, Hong Kong Island was declared a free trade port and no tariff barriers were set up.

Except for spirits, tobacco, hydrocarbon oil and methanol, these four products are subject to import and export taxes.

No tax is charged on other goods.

Only a small amount of taxes are levied on mainland enterprises and individuals.

Therefore, as long as the products imported into or exported from Hong Kong Island are not found to be prohibited items, the quantity does not need to be reported.

As for the goods that are transported to the mainland, none of them are products covered by the Batumi embargo.

Gold does not fall into these categories.

Shen Bi looked at the people below, frowned and asked, "Is there any movement from Hang Seng Bank? And the other banks?"

When the bank run occurred at Hang Seng Bank, the bank was already preparing to acquire 51% of its shares.

But someone intervened.

You know, Hang Seng Bank is the biggest threat to Hong Kong Island's retail banking. If HSBC can take over Hang Seng Bank, the retail banking business will be monopolized by HSBC.

Because Hang Seng Bank is HSBC's biggest competitor in retail business.

Sadly, he wasn't here at that time.

So the opportunity was missed.

If HSBC can strike back at the Far Eastern Bank through the gold passbooks this time, its position in Hong Kong Island will be further enhanced.

Someone raised his head and shook his head after hearing this: "There has been no movement so far."

These words made Shen Bi frown.

Start reasoning about this action.

Banks basically do not keep all the money in the bank, but lend it to individuals or businesses.

This time we will attack from many fronts.

Deposit and gold passbook.

As long as the other party cannot hold on in one aspect, it will be a huge disaster.

What happened seven years ago is a good example.

The only variable is the Far Eastern Bank’s gold reserves.

He is very confident about this.

How could a small Chinese bank have hundreds of tons of gold reserves? Even a bank as big as theirs does not have so much physical gold.

Thinking of this, he began to give orders: "You can make the exchange now, and control the amount of gold flowing out."

Upon hearing this, the people below were all excited and started to take action.

……

At this time, Yang Xiaole was sitting in the office of Far East Bank drinking tea.

There were two people sitting in front of him at this time.

They are the two chairmen of the board of directors of Hang Seng Bank and Far Eastern Bank.

Taking advantage of the chaos, Yang Xiaole naturally took over two large banks and also took over a few other small banks.

But they are all allowed to operate independently.

The previous 51% stake in Hang Seng Bank has now expanded to 67.4%.

Fully controlled.

"Mr. He, Mr. Qiu asked you to come here this time not because of the gold passbook, but because of the bank merger. I hope to integrate the resources of several banks."

The reason why only two people were invited was because these two were the largest and the others were very small.

It's also a kind of respect.

Hang Seng Bank is the largest Chinese bank.

As for Far Eastern Bank, it has now been acquired in full.

Mr. Qiu gave a bitter smile when he heard this. He only had management shares in the bank. Once the boss intervened in major events, he would have no say.

Thinking of this, he said directly: "It's no problem on my side, and I'm also a little busy at the trading company, I'm willing to support it."

Banking was his roots, but he also had other trading companies.

Relying on Yang Ji, the business has been thriving in recent years.

Yang Xiaole looked at the other person and smiled, nodded slightly, and looked at Mr. He next to him.

Mr. He was thinking about it.

After a long while, he looked up and said, "I... don't seem to have any right to choose!"

Although he holds shares, the proportion is not high.

After the bank was acquired, although only a few people were appointed to the board of directors, they all listened to him.

But he knew in his heart that once Yang Xiaole spoke, he would not win no matter in terms of shareholding ratio or number of votes on the board of directors.

Seeing this, Yang Xiaole smiled and said, "Mr. He, isn't it the best choice to expand and become stronger? It will also give you more confidence to develop international business in the future. Moreover, after the bank merger, you will still be the chairman of the board of directors."

These two banks now not only have branches in Hong Kong Island, but also have offices in other countries.

There is no doubt that Mr. Ho was able to develop Hang Seng Bank into the largest Chinese bank in Hong Kong Island.

International business is very important to banks.

HSBC has branches in seven countries around the world, but that is just its international business, even though it has acquired many banks in other countries.

He remembered that it was not until the 90s that HSBC truly transformed into an international bank.

Mr. He nodded slightly when he heard this.

"Okay! I agree."

Yang Xiaole smiled and said, "Okay! Mr. Huang will discuss the details with you. We will invite other banks to hold a meeting. Starting tomorrow, you two can enjoy the company's 'Life No. 5' product."

Hearing this, they were both moved.

Yangji has a product that is only distributed free of charge internally.

From the 1rd to the 5rd!
No. 5 is the lowest-level product, and this medicine can be used to control the spread of cancer cells in the late stages of cancer.

They have no right to obtain even the lowest grade No. 5 product.

This time I actually have a chance to get it.

They have been coveting this thing for a long time.

"Okay, Mr. Yang, we will fully cooperate with Mr. Huang on his work matters."

Yang Xiaole smiled and nodded, then checked the time and said, "Okay, the time is up, the gold is in the warehouse and can be exchanged."

The two looked at each other after hearing this.

He really didn't expect that Yangji actually had so many physical gold reserves.

They felt this battle was easy.

What's more, this time the other party brought a lot of cash, which was all sent to the branch and was taken care of by special security personnel.

……

On that day, long queues formed in front of major banks in the Far East, all of whom were there to exchange physical gold.

The largest order is naturally from the head office.

One day passed.

Everyone who came exchanged their money for gold.

Bulk transactions, however, require time to count the gold.

……

People who have just received gold at the door of HSBC Bank habitually bite it with their teeth.

But when I bit it, I almost broke my tooth.

"All gold-plated? Impossible!"

The gold exchange counter looked at the gold that the young customer had just received with a look of disbelief on his face.

"How can it be impossible? Try it yourself."

The customer angrily threw the item at him.

Upon hearing this, the teller hurriedly took it and tried it.

The result was simply jaw-dropping.

At the same time, the same situation occurred at several other counters, and the gold exchange windows became chaotic for a while.

Hong Kong is a free world.

We can start shouting immediately, no organization is needed at all.

At this time, the bank's senior management also learned about the situation and hurried to check the gold in the warehouse.

This inspection is fine.

Curry's gold is all gold-plated.

"Impossible, absolutely impossible. We even randomly checked some gold last night. How could they all be gold-plated?" The department in charge of gold said bluntly that it was impossible after seeing this scene.

Shen Bi almost fainted when he saw this scene.

This is more than 200 tons of gold, a lot of which was borrowed from major branches and local gold companies specifically for this matter.

How come everything is gold-plated?

Today's incident was already quite a big deal, with reporters from all the major newspapers in Hong Kong Island coming over.

When we heard the news, we all knew it was a huge opportunity.

The old bank actually used gold-plated gold to fool people.

This is a big deal.

Someone immediately took his things and left, preparing to go back to write the manuscript.

Some newspapers in Hong Kong are British-owned, and even though they are worried about damaging their credibility, few people report on it.

But Hong Kong is not a one-man show.

Many Chinese newspapers, especially gossip newspapers, tried their best to expose this matter.

The newspaper under Yang Xiaole’s company came out directly in the afternoon.

HSBC's share price fell on the same day.

At the same time, bank exchange services were suspended, and only money could be withdrawn at current prices.

The Far Eastern Bank allowed people to see the gold, but it set time limits on the procedures and prevented people from transporting the gold away.

A lot of time was spent on testing.

That night, people from the bank were holding a meeting there.

……

The next day, major newspapers reported the incident.

The phenomenon of bank runs has become more serious.

Yang Xiaole's newspaper disclosed the gold mining in Africa in a high-profile manner to ensure that the Far Eastern Bank had sufficient supply of gold.

On the contrary, HSBC could only negotiate a 10% conversion into cash, and Standard Chartered Bank was equally unlucky.

Because of the gold issue, the Hong Kong government also set up a special task force.

But no matter how hard I try, I can't find anything about this matter.

Over the past three days, shares of HSBC and Standard Chartered have fallen by around 21%.

There is no 10% daily limit at this time.

The two major banks also settled the matter by negotiating a 10% exchange rate for the gold passbooks.

Because the Far Eastern Bank had always been able to exchange gold, after the turmoil subsided, fewer and fewer people exchanged gold.

……

In the office, Huang Qiujing was calculating with a smile on her face.

"This time we invested a total of 20 billion US dollars in the two banks. They negotiated the exchange price, and we transferred more than 2 million US dollars in the past few days. At the same time, we took advantage of the decline in their stocks and acquired about 5% of their shares."

This money is so easy to make.

Yang Xiaole nodded slightly.

"It's okay, what's going on over there now!"

"Not yet! They lost too much this time."

Huang Qiujing finished speaking and asked, "Including the shares that were secretly acquired before, the shares of both companies now exceed 10%. Do we need to concentrate the shares and join the board of directors?"

Yang Xiaole shook his head: "No, wait until the beginning of next year when they pay dividends and then sell half of the shares. Then buy them back when the stock market crashes."

With so many shares being sold, even if the other party wants to stabilize the stock price, they have to think twice.

On the one hand, they smash the market, and on the other hand, they buy at low prices.

Even if he can't grab too many shares, it's enough for him to make a living.

Huang Qiujing hummed and said, "Okay, we have already made plans for what you said, and Jardine Matheson has already launched a tender offer for the Dairy Farm Company. We have already acquired a lot of shares in advance."

Yang Xiaole hummed: "Okay, you can do whatever you want! By the way, if nothing happens here, I will leave in two days."

He has other things to do!
Huang Qiujing hummed, then thought of something and asked, "Was the gold plating at HSBC your doing?"

"Yeah! I did it!"

Yang Xiaole admitted it directly.

"How did you do it? You know, their gold was checked a day in advance."

Even though she had already guessed it, Huang Qiujing still took a breath of cold air.

"What's the big deal? I have my own way, and my friends helped me."

Hearing him say this, Huang Qiujing nodded slightly and didn't ask any more questions.

Yang Xiaole's network is very broad, and there are many things she doesn't know, but she won't be foolish enough to ask more questions.

……

The next day, Yang Xiaole boarded a plane to Japan.

The turmoil over the gold savings books in Hong Kong has ended, but the impact it brought is still huge.

HSBC's retail business and gold passbook business have suffered a huge blow.

This was also the first victory of Chinese capital over British capital.

The Far Eastern Bank also became famous because of this incident, and more and more people spent money to deposit gold passbooks.

Within a few days, the restructuring of several major Chinese banks in Hong Kong Island became a “hot search” in Hong Kong Island.

……

Yang Xiaole took a plane back to the Japanese side and went to the Tokyo Japanese food branch first.

not bad.

I didn't stay here for too long and got on a plane to Osaka.

When the plane arrived in Osaka, he went straight to Donglin Society.

At this time, Zhang Xuesong was worrying in the office.

Ten days ago, the Yamaguchi-gumi sent an invitation, hoping to merge with Tolinsha.

In his view, this was an excuse for the Yamaguchi-gumi to swallow up the Tolin Society.

He is not worried about being swallowed up by the Yamaguchi-gumi.

After all, their numbers are small, but their strength is not weak at all.

Moreover, the Japanese have requirements for the associations. They can only operate in the place of registration or at most in adjacent territories.

Large-scale conflicts, especially conflicts involving guns, are absolutely not allowed by the Japanese.

"Kitagawa-kun?"

When Zhang Xuesong heard someone knocking on the door, he let someone in and was surprised when he saw the person coming in.

He said hello to the person next to him and he left.

After the person left, Zhang Xuesong smiled and said, "Why did you leave for so long? I was still worried about you!"

After Yang Xiaole sat down, he threw him a cigarette and said with a smile, "I have something to do when I go back, and I'm getting married by the way."

"You got married? Why didn't you tell me?"

Zhang Xuesong was complaining there.

Yang Xiaole didn't dare say that he had three wives.

I can only say helplessly: "I can't help it. I'm too old, my family is pushing me to get married, and I have to give an explanation to my partner! Besides, there's no wedding atmosphere there now. You'll just give out some wedding candy if you're there."

Here, this is wedding candy."

As she spoke, she grabbed a handful of wedding candy and gave it to him.

He laughed and said, "This is mainland candy! You'll lose the skin after you eat it."

Zhang Xuesong took the thing, rolled his eyes, and directly opened a sorghum candy.

"Mm, delicious! I haven't tasted mainland candy for a long time."

After that, he continued, "By the way, let me tell you something. The Yamaguchi-gumi has made an offer to us. Do you think there is some conspiracy behind this?..."

Let me tell you the general situation.

Yang Xiaole pretended to think, and finally said: "Then agree to them. Our development in Osaka has reached a bottleneck. If we want to expand further, the regional restrictions will be very large. Joining the Yamaguchi-gumi can make use of their resources and channels.

It's okay, join in!

I have my own plans for the future.”

Hearing this, Zhang Xuesong nodded slightly.

He is only responsible for carrying out orders.

"Okay! I understand. I'll find a time to agree to it!"

Yang Xiaole hummed, and then said: "Let's settle this matter during this period of time. We will go out for a trip then."

"Got a mission?"

Zhang Xuesong's eyes lit up.

"That's about right! By the way, after Donglinshe joins the Yamaguchi-gumi, Ivanka has to leave for something, and the remaining people will continue to protect you!!"

Since I have brought these people here, it is natural that we should reward them with merit.

We cannot just do nothing.

As for Ivanka, it's time to leave.

I had left a few times before, and after dealing with things in Africa, I came back immediately.

This time I'm leaving completely.

Zhang Xuesong smiled and agreed after hearing this: "Okay, I understand."

In fact, up to now, he has quite a few loyal followers.

After all, with the expansion of power and the addition of new people, small groups will slowly form, and the earliest group of people will slowly unite with him and be regarded as the veterans of the society.

(End of this chapter)