Hong Kong Island Chronicles: From Electrical Appliances King to Business Legend

Chapter 85: Laying the Plan to Avenge Father

the next morning.

Dragon Fung Restaurant in Tsim Sha Tsui.

Good morning, Mr. Li.

"Sit down," Li Jiagang said, looking haggard, pointing to a chair beside him. "Have you gotten any results on the matter I asked you to investigate?"

'

He barely slept last night, trying to figure out how to avenge his father.

However, although he had a plan for revenge in mind, he still needed to confirm some things before he could make arrangements and better strike at his enemy's home.

So early in the morning, he contacted Beard Yong, who had been sent to investigate the matter for him, to meet him.

"Yes," Beard Yong nodded repeatedly, "I was planning to contact you, Young Master Li, around noon, but I didn't expect you to contact me ahead of time."

He then took out a document he had investigated and handed it to Li Jiagang: "This is the result of the investigation you asked me to conduct; everything is in this document."

"You found it so quickly?"

This surprised Li Jiagang somewhat.

He had originally arranged to meet with Bearded Yung today to have him intensify his investigation into Chuang Kun-jung of Hang Lung Bank and Han Chia-lok, chairman of Philip Electric Appliances, which took over his father's business, in order to uncover their shady dealings.

It's even suspected that the two of them and their company have engaged in some shady or illegal activities.

Increase the leverage to destroy it.

But to Li Jiagang’s surprise, Hu Xuyong said he had found it, and that he had found it in just two days. This surprised Li Jiagang and made him suspicious.

But after he finished reading the information...

A smile spread across his entire face.

"Hahaha—," he couldn't help but burst into laughter, "Bearded Yong, you're pretty good."

"I didn't expect you to find so much information so quickly. I'm very satisfied."

"Young Master Li, this is child's play," Bearded Yong said smugly. "We gangsters are the best at fighting and gathering information, which is why we can help you, Young Master Li."

"Okay, I'll go back and take care of things first," Li Jiagang stood up, patted him on the shoulder, and said, "I'll make an appointment with you after I've dealt with this."

Although Li Jiagang was about to leave without ordering anything, Hu Xuyong did not try to stop him, as he understood that Li Jiagang cared a lot about this matter.

Therefore, I did not try to persuade him to stay.

After leaving the restaurant, Li Jiagang went straight to his uncle's house.

In the study.

"Hong Kong boy, so early? Have you thought of a good plan?" Li Yongsen looked at him expectantly. "I know you're eager for revenge, but the other party has a powerful background. You have to handle this carefully."

"Don't worry, Uncle," Li Jiagang said, taking out some documents. "Uncle, look, this is what I had someone investigate about the issues between Hang Lung and Philip Company, as well as Zhuang Kunrong and Han Jiale."

"Considering the problems they've identified, I've already come up with a way to deal with them."

Upon hearing this, Li Yongsen reached for the documents, saying, "Quickly, let me see the documents."

A dozen minutes later ————.

"Hong Kong boy," Li Yongsen said in a deep voice, "I know you're eager for revenge, but while this information shows that Hang Lung Bank and Philip Company have illegal dealings, it doesn't constitute evidence. How can we bring them down?"

"Unless we have concrete evidence."

At this moment, Li Jiagang said with a fierce look, "Uncle, it doesn't matter if there is evidence or not. We will create trouble for them and get the relevant departments to intervene and investigate. Once we find the evidence, that will be enough."

95

Li Yongsen's eyes lit up, and he asked, "Do you have some kind of plan?"

"Yes, Uncle," Li Jiagang said, pointing to a problem in the document. "Look, the document says that Hang Lung Bank is facing a shortage of funds recently due to several large loans."

It was through multiple rounds of borrowing from HSBC and Standard Chartered Bank that the bank was able to maintain its daily operations and normal loan business.

"I think," Li Jiagang said with a slight smile, "that's our breakthrough point."

"Tell me your thoughts in detail?" Li Yongsen asked, puzzled, unsure of his intentions.

"Uncle, don't rush, let me explain in detail."

"First: the pig farming plan, arrange for people to deposit large amounts of money into Hang Lung Bank's current accounts, the more the better, to make them lower their guard."

Second: Loan arrangements, arranging for some companies to borrow from Hang Lung under the guise of investment, thereby depleting Hang Lung Bank's reserves.

Third: Create public opinion and spread negative information about Hang Lung Bank and Philip Company. The more such news, the better, to cause a sensation.

Fourth: To create chaos, by arranging for depositors to deliberately cause confusion and panic.

Fifth: Trigger a bank run. Once things have escalated enough, have our pre-arranged people withdraw money first, causing more depositors to panic and join in withdrawing their funds. That's how the plan works.

Li Jiagang calmly explained his plan, while Li Yongsen, standing to the side, did not respond immediately but instead lowered his head to consider.

During this time, Li Jiagang did not disturb his uncle's contemplation, after all, his uncle was a very intelligent person, or perhaps he had a better suggestion.

A few minutes later ————.

"Jiagang, there's no denying your plan is perfect, but your uncle has a few questions."

"First, where do you find so many trustworthy people to arrange for depositing the money?"

If you ask your company's employees to deposit a small amount, that's fine, but if it's too much, it might arouse Zhuang Kunrong's suspicion.

Second: What if Zhuang Kunrong doesn't approve the loan from the company you arranged to go to?

Third: Public opinion cannot be created to cause chaos. Authoritative newspapers will not easily publish articles without certain solid evidence, and ordinary newspapers lack credibility, so the public will not easily believe them. Otherwise, if everyone did this, they could ruin a company's reputation, and Hong Kong would be in chaos.

Fourth: If the above issues are not handled properly, then it will not work for you to arrange for people to create chaos. You may even be reported to the police, have your people arrested, and be handed over to them.

Fifth: Similarly, if Hang Lung does not approve the funds for the company you arrange, but you deposit a large amount of funds, making it so that they have sufficient funds, it will be impossible for them to cause a run on the bank.

Even if your people take all the deposited money, Hang Lung has enough funds to handle it. In the end, it will actually show that Hang Lung has enough funds to deal with the crisis, which will actually help them.

"Jiagang, have you considered these issues?" Li Yongsen analyzed the questions one by one.

"this----.

""

Li Jiagang was speechless.

He really hadn't considered the consequences.

Seeing his nephew's reaction, Li Yongsen already knew that he hadn't considered these consequences.

"What? You haven't thought about it?" Li Yongsen asked gently. "Although you haven't considered the consequences, your uncle thinks it's feasible."

Upon hearing this, Li Jiagang's eyes lit up.

Before he could speak, Li Yongsen continued, "First of all, you need to prepare a few things to ensure the plan is carried out perfectly."

"First, find some solid negative evidence about Hang Lung and have it published in an authoritative newspaper so that the incident can be brought to the fore."

Secondly, it is necessary to cut off Hang Lung's access to large banks such as HSBC, Standard Chartered, and Hang Seng for loans.

Given your relationship with Sir Michael Sandberg, you can make arrangements in advance to prevent HSBC and Hang Seng from getting involved. As for Standard Chartered, you can have Sir Michael Sandberg put pressure on the Hong Kong government, making Standard Chartered hesitant to help due to lack of justification and pressure.

Third, the companies that arrange for the loan application must have good credit to prevent loan rejection or low loan amounts.

Fourth, those who arrange deposits must first mitigate their own risks and then avoid arousing Hang Lung's suspicion before proceeding.

Fifth, the issue of bank runs must be addressed only if certain conditions are met, and once initiated, it must be dealt with decisively, leaving no chance for recovery.

Sixth, you can first establish an overseas investment company, but it cannot be established in your name to avoid being investigated.

If we truly drive Hang Lung into a corner, we can seize the opportunity to negotiate a takeover and deliver a crushing blow.

Upon hearing this, Li Jiagang's eyes widened. If the environment hadn't been unsuitable, he would have definitely shouted "Holy crap!" to express his respect for his uncle's perfect plan.

At this moment, he had to admit that experience counts, and his plan, after being refined by Li Yongsen, was indeed much better than his original one.

The plan can be used for both offense and defense.

While launching an offensive, it also prevents Hang Lung from borrowing funds from major banks like HSBC, Standard Chartered, and Hang Seng to resolve the crisis.

With each layer interconnected, if this plan succeeds in its initial stages, Hang Lung will inevitably have nowhere to go.

How could he not be shocked?

"Uncle," Li Jiagang gave him a thumbs up, "it's you again, you're truly shrewd and calculating. Having an elder in the family is indeed like having a treasure."

"Alright, stop flattering me."

"I'm asking you, besides the above-mentioned plan targeting Hang Lung Bank, what about the Philip Company?" Li Yongsen asked again.

"Filip Company is easy to handle."

"My goal is to take over the operation of Hang Lung Bank, and then use the bank's books to investigate the bank's dealings with Philip Company, and make them return all the assets they have taken over."

Li Yongsen did not refute this time, but nodded with great satisfaction, approving of his plan.

"That's feasible," he nodded repeatedly. "In that case, let's take this opportunity to implement our plan."

"Okay, Uncle."

The whole morning.

The uncle and nephew were in the study discussing plans for Hang Lung Bank and Philip Company, and each plan was meticulously laid out.

Even how to persuade Shen Bi to willingly help him even though he knew he wanted to get involved in the banking industry.

After all, HSBC is a financial giant in Hong Kong. It can help Chinese capital rise, but if you ask HSBC to help Chinese capital acquire banks and get involved in the financial industry, it will definitely be more difficult.

Who would help me find an opponent?

Isn't it all right?

Therefore, they needed to discuss how to get Shen Bi to willingly help them.