Reborn in America, I'm serious about making money.

HSBC Group encompasses banking, securities, insurance, funds, and other businesses, but its core business remains the right to issue currency; such a financial group is naturally unique.

However, things have been going badly lately. First, the North American branch received a huge amount of bad debts, and then the Hong Kong branch was abandoned by the entire Hong Kong market and was frantically shorted. Although the trading volume has increased and the stock price has stabilized somewhat, it still cannot escape the opportunity to be shorted.

Thus, HSBC's stock price remained between HK$3 and HK$3.5 for a month, with trading continuing throughout. Under normal circumstances, HSBC would have no profit for the next few years due to this bad debt, and the goodwill loss would also be substantial, so the stock price would not fluctuate.

However, a month later, the overseas financial group issued an announcement: due to its optimism about HSBC's prospects, the company reached an agreement with two overseas funds to acquire 9.3% of their shares for HK$4 and apply to join HSBC's board of directors.

Under these circumstances, even if an overseas financial group becomes a member of HSBC's board of directors, it won't make much difference. There's a reason for this: HSBC is different from other companies; its management is not in Hong Kong, but in London, and the general manager's authorization also comes from the London headquarters. Therefore, even if an overseas financial group becomes a director, it won't be of much use.

HSBC and overseas financial groups have had many unpleasant dealings in recent years, and HSBC, from top to bottom, is unwilling to accept that overseas financial groups have become shareholders of HSBC.

"Those people from overseas insurance companies stole two of my clients last time. I definitely won't accept them becoming our directors. Wouldn't that be like us working for them?"

The people in HSBC's insurance department were extremely unhappy. How could this happen? Would they send their own finance staff in again? And then try to take a cut of the profits? How could they tolerate this?

"Let's not even talk about insurance. We've always had the upper hand in sponsorship, and now that they've become our board members, things are really upsetting."

"Their savings are now catching up with ours, and in some ways even surpassing it. We're probably in trouble now. We've lost so much money recently, which really bothers me. It's all the fault of the North American side."

Friends from several departments at HSBC vented their frustrations during a dinner gathering.

"We should buy our own stock and stop them from buying it," a bespectacled man who hadn't spoken until now said quietly after taking a sip of his coffee.

His words attracted the attention of others, who wanted to know why he said that.

The bespectacled man continued, "Judging from the current situation, our group's board of directors will definitely refuse their application to join. However, the overseas financial group, which already holds 9.3%, will certainly be unhappy. Since they can't join with 9.3%, the wealthy overseas financial group will definitely launch a takeover bid for HSBC. If we buy more HSBC shares, do you think they won't be able to buy them?"

The others' eyes lit up, not for HSBC, but for themselves, because they had discovered a chance to make a fortune; as for whether they had any affection for HSBC, they certainly did, having worked there for so long.

But don't forget, this is Hong Kong. What kind of place is Hong Kong? It's a capitalist society, where profit is the priority. As for feelings? Can that stuff put food on the table?

They can buy HSBC shares now and then sell them, making a profit from the price difference. Wouldn't that be great?

Since that's the case, they'll wait for the market to open on Monday; of course, they'll also wait for overseas financial institutions to propose joining HSBC's board of directors. Even if things don't develop as the bespectacled man said, if they buy at this low price, in the long run, they can consider it an investment, and they believe HSBC will definitely rebound.

On Monday, HSBC's share price opened sharply higher, rising to HK$3.9, and still had upward momentum.

As expected, on Monday, at the same time the market opened, the Overseas Financial Group also applied to join HSBC's board of directors. However, it was quickly rejected. The reason was simple: the current board members are all management, familiar with the group's management and business, and are very important to the group's development. The Overseas Financial Group, on the other hand, does not understand HSBC's business operations and is therefore not suitable to become a director of the group.

Surprisingly, the overseas financial group did not dwell on the matter. Instead, it issued a statement saying: "Our group will hold HSBC shares for the long term as a long-term financial investment. At the same time, we will send financial personnel to HSBC Group to conduct financial supervision."

This kind of thing is very strange. Why would the other party swallow this insult? It's completely wrong.

There are many investors in the market who share the same idea as the bespectacled man. In their view, given the overseas financial group's past aggressive style, it would definitely retaliate. The fact that it is not moving now is very strange.

However, the calm in the stock market made those who wanted to speculate feel uncomfortable. They wanted to make quick money, but now that things were like this, they were naturally very unhappy and began to look down on overseas financial groups.

"We thought overseas financial groups were so formidable, but it turns out they're just cowards, haha..."

"I bought over 100,000 HKD worth of HSBC stock, and now there's no reaction at all. Damn it!"

"Damn, I'm the same as you, I also bought over 100,000 HKD worth of HSBC stock..."

However, another thing happened the next day. HSBC rejected the request from overseas financial institutions to send financial personnel to HSBC, citing the reason that financial personnel sent by competitors would leak the group's customer and trade secrets.

This statement is entirely correct, but those in the overseas financial sector are unwilling to let their guard down on this matter and have begun to launch attacks against it...

This is the hottest topic in Hong Kong right now, and the two financial groups have become the most talked-about figures in Hong Kong, attracting everyone's attention.

"This overseas financial group is being utterly unreasonable! They actually want us into their finance department? That's absolutely impossible! If I were them, I would never agree to that!"

"Heh... there's definitely something wrong."

"What's the problem?"

"HSBC was originally one of Hong Kong's four major conglomerates, but it has become like this. Isn't that strange?"

Throughout Hong Kong, the two groups were the talk of the town, with everyone eager to see what their next move would be. Everyone had become a spectator.