Hong Kong Giant Owl: Rebirth

Chapter 906 The End of Longsheng Bank 2
Since taking over the power of the Qin family, Qin Zhongyuan has shown outstanding business talent, and developed the Qin family from a small wealthy family to a famous family in Xiangjiang.Especially when Qin Zhongyuan's father handed over the power of the Qin family to him, the Qin family had only one Longsheng Bank, and it was only a small bank among the many Chinese-funded banks.

And Qin Zhongyuan relied on his own ability to cooperate with Qin Jiangshan, not only developed Longsheng Bank into the second largest Chinese-owned bank in Hong Kong, but also established Zhongyuan Garment Factory, whose products were exported to Europe and the United States, and the Qin family became It has become one of the few rich Chinese families in Hong Kong.

Over the years, Qin Zhongyuan and Qin Jiangshan have seen countless storms in this cruel shopping mall, and they can lead the Qin family across every time.But this time, Qin Zhongyuan was really helpless.In the past few days, he also tried to find his partners in the past, hoping that they could borrow money to tide him over.

However, those people who had cooperated with the Qin family in the past saw that the Qin family was facing collapse, and they all hung up their heads. Some even wanted to take advantage of the fire and encourage Qin Zhongyuan to use the shares of Longsheng Bank to borrow at high interest rates. Plan to uplift the bank.

In addition, Qin Zhongyuan also approached HSBC, Standard Chartered Bank and other British banks, hoping to get some help from them, but HSBC and Standard Chartered Bank are both burned out because of this run-off, so there is no time to help Long What about Sheng Bank?
In just a few days, the deposits of Longsheng Bank were gradually wiped out by people who were crazily withdrawing money, and now only one-fifth of the original deposits remained.The most terrible thing is the current Longsheng Bank, whose name is completely stink in Hong Kong. Many people who had never thought of canceling their accounts came to cancel their accounts after knowing that Longsheng Bank colluded with HSBC to suppress Huazi Bank.

The creditors of Longsheng Bank came to collect their debts one after another, and those who owed money to Longsheng Bank also hoped to see Longsheng Bank go bankrupt so that their debts would not have to be repaid.

All of these factors have become the factors that crushed Longsheng Bank.

"Brother, why don't we go find Qin Haoran." Qin Jiangshan said to Qin Zhongyuan.

Qin Zhongyuan shook his head dejectedly, and said: "It's useless, he won't help us. If he really had such a heart, he would have made a move long ago."

Qin Jiangshan was not discouraged, and said: "Maybe, he is waiting for us to bow our heads? As long as we bow our heads in front of him, maybe he will help us."

"No, Jiang Shan, I advise you not to hold on to this kind of hope." Qin Zhongyuan said, "Didn't he make it clear enough when he came to us last time? He said he would keep our Qin family safe. It means that he will not intervene in any of our economic losses, as long as we can save one life."

"Then what should we do now? Are we just waiting to die like this?" Qin Jiangshan sighed.

Qin Zhongyuan was silent for a long time, and finally said: "The last way now is to sell them before the situation of Longsheng Bank and Zhongyuan Garment Factory hits the bottom!"

"Sell it?" Qin Jiangshan trembled: "Then... that is the result of our hard work for so many years!"

"Then what can be done? Zhongyuan Garment Factory is closely connected with Longsheng Bank. The two companies have so many business contacts. Longsheng Bank collapsed. Do you think Zhongyuan Garment Factory can survive?" Qin Zhongyuan said: "Now take advantage of the Longsheng Bank and Zhongyuan Garment Factory are still worth a little money, we sell them as soon as possible to minimize the loss. Only by preserving our strength can we wait for an opportunity to make a comeback!"

Qin Jiangshan knew that what Qin Zhongyuan said was very reasonable, but he was really unwilling to give up like this.

At this time, the door of the chairman's office was pushed open, but it was Qin Haohan who said, "Father, second uncle, Li Guowei...he is here, and he said he wants to see you."

Both Qin Zhongyuan and Qin Jiangshan were stunned, and then saw a man in a suit and leather shoes with a calm demeanor appear at the door. He was the deputy general manager of Hang Seng Bank - Li Guowei.

This time, Qin Zhongyuan had to meet this person too. Li Guowei was quite famous in the Hong Kong business district. Among the younger generation, besides Du Yiheng, Li Guowei was the most famous.Because Hang Seng Bank can develop to today, Li Guowei has contributed a lot.

"It turned out to be Mr. Li, please come in." Qin Zhongyuan and Qin Jiangshan stood up quickly, and made a gesture of "please" to Li Guowei.

Li Guowei walked in with a smile, and Qin Haohan also wanted to come in and listen, because he also knew that Longsheng Bank was at a critical moment, and any decision made by Qin Zhongyuan and Qin Jiangshan could affect the whereabouts of the Qin family.

However, Qin Zhongyuan gave Qin Haohan a sharp look, Qin Haohan didn't dare to stay here any longer, and quickly closed the office door and left.

Li Guowei sat on the chair opposite Qin Zhongyuan, and Qin Jiangshan next to him smiled and said, "Mr. Li, you are busy with your affairs, so I wonder what wind brought you here?"

Qin Zhongyuan was also very puzzled. Longsheng Bank and Hang Seng Bank have been competitors for many years. Before Longsheng Bank joined forces with HSBC to entrap Hang Seng Bank. It is certain that He Shanheng and Li Guowei hated Longsheng Bank, but Li Guowei came to him this time , and it is unlikely to be due to personal factors. In this way, he represents Hang Seng Bank.

And Hang Seng Bank is unlikely to lend a helping hand to Longsheng Bank. This is not to say that He Shanheng and others are sinister, but that they have no reason to help Longsheng Bank.Not to mention the previous actions of Longsheng Bank, if Longsheng Bank goes bankrupt, the vacated market is likely to be occupied by Hang Seng Bank, which is an excellent opportunity for Hang Seng Bank.

Qin Zhongyuan knew this, so he wondered why Li Guowei came to see him?

I saw Li Guowei looked at Qin Zhongyuan, smiled and said: "Mr. Qin, I'm here this time, because I want to talk to you two about Longsheng Bank. Don't be afraid to offend me, right now Longsheng Bank is at the end of its rope. If there is not enough help, there are only two paths left for Longsheng Bank, one is to let the government take over, and the other is to sell its shares and wait for others to buy it."

Neither Qin Zhongyuan nor Qin Jiangshan spoke, but their expressions were not so good-looking.

And Li Guowei continued to laugh and said: "Don't be offended, you two, because we at Hang Seng Bank have encountered this situation before. It can be said that if we are a little careless, we will never turn around. Fortunately, we got it in time. helped."

"You don't call that help." Qin Jiangshan couldn't help but said: "Your controlling rights have been taken by others, and now you can only count as working for those Americans."

Regarding Qin Jiangshan's words, Li Guowei was not annoyed at all, and said with a smile: "There is a big difference. At least the 'Zeus Fund' has not deprived us of management rights. Now Hang Seng Bank is still managed by us, and it is still the same as before. Hang Seng Bank, that’s enough, isn’t it?”

For Qin Zhongyuan and Qin Jiangshan, Li Guowei actually had some sympathy for them, because Qin Zhongyuan and the others didn't know that the person behind the acquisition of Hang Seng Bank was Qin Haoran, the second son of the Qin family.

Qin Zhongyuan waved his hand and said, "Okay, Mr. Li, if you have anything to do, just get straight to the point. We still have a lot of things to deal with, and we don't have so much time to waste."

Li Guowei saw Qin Zhongyuan's anger, and said, "Okay, Mr. Qin, actually, I'm here this time to discuss with you about our Hang Seng Bank's acquisition of Longsheng Bank."

Qin Zhongyuan and Qin Jiangshan were shocked when they heard the words. They were still discussing about selling Longsheng Bank just now, and Li Guowei came to discuss the acquisition. Is this a coincidence?
"You want to buy our Longsheng Bank?" Qin Jiangshan asked.

Li Guowei shook his head: "It's not me, it's Hang Seng Bank. In fact, 'Zeus Fund' hopes that our Hang Seng Bank can break through the current bottleneck as soon as possible and open up a wider market, and your Longsheng Bank is the second largest bank after our Hang Seng Bank. UOC Bank, the market you Longsheng Bank occupies cannot be underestimated."

"Are you trying to take advantage of the fire?" Qin Zhongyuan snorted coldly.

"We don't mean that at all, Mr. Qin, we just provide you with such a suggestion." Li Guowei said: "We are interested in this. As for whether you are willing to sell the shares of Longsheng Bank, we have no ability to influence. But , Mr. Qin, to be honest, the current situation of Longsheng Bank, if you persist, the ending may not be very good."

Qin Zhongyuan and Qin Jiangshan didn't speak, but Li Guowei continued: "To put it bluntly, Longsheng Bank's current name is Smelly Street, even if you want to sell the shares of Longsheng Bank, I'm afraid not many people have This kind of courage to clean up the mess for you Longsheng Bank."

"Hmph! You also said just now that the market for our Longsheng Bank..."

However, Li Guowei interrupted Qin Jiangshan's words: "That is the market only after you cleaned up your mess. If your Longsheng Bank continues like this, it won't take long for your market to be taken away by others. Then What market is there at that time?"

Qin Zhongyuan understood the intentions of Li Guowei, or Hang Seng Bank. To put it bluntly, with the current reputation of Longsheng Bank, as Li Guowei said, no one would spend a lot of money to buy such a bank with a bad reputation, but , if it is Hang Seng Bank, it is different.

As the "victim" of Longsheng Bank's entrapment, Hang Seng Bank can win the sympathy of the public. If they buy Longsheng Bank and let Longsheng Bank change its family, the public can easily accept it.

Therefore, Hang Seng Bank is the most suitable acquirer for Longsheng Bank. In the current situation, only Hang Seng Bank has the value of acquiring Longsheng Bank.

(End of this chapter)