After watching Li Yi leave, Li Futiao couldn't calm down for a long time.
The Li family is finished, and Longheng Bank may also go bankrupt!
As a financial giant, Li Futiao understands Hong Kong Island's financial industry better than anyone else. He knows very well that Hong Kong Island's market is so big and competition in any industry is fierce, including the banking industry.
Here, serious negative news must not appear in the bank, otherwise the gods will not be able to save it.
After all, every bank is related to the pocketbooks of tens of thousands of families, and no one will risk their life savings.
Previously, numerous banks on Hong Kong Island proved this through bankruptcy, such as the famous Liu Chong Hing Bank.
As the earliest private bank established in Hong Kong Island, Liao Chong Hing Bank played an important role in Hong Kong Island's banking industry in the 1950s and 1960s.
But on June 13, 1961, newspapers on Hong Kong Island published news saying: "A well-known Hong Kong banker is now the subject of police investigation and has been informed to leave Hong Kong."
At that time, there were many negative rumors about Liu Chong Hing Bank circulating in Hong Kong Island. The publication of this news made the public target Liao Chuangxin Bank.
Although the Hong Kong Police Force came forward to refute the rumors urgently the next day, Liu Chong Hing Bank still suffered a run on the bank by a large number of people, with more than 3 million Hong Kong dollars being robbed that day.
In the next two days, the run intensified, and more than 30 million Hong Kong dollars were withdrawn from Liu Chong Hing Bank. Liu Chong Hing Bank was forced to seek help from the two note-issuing banks, HSBC and Standard Chartered Bank.
A month later, Liu Baoshan, chairman of Liu Chong Hing Bank, died of illness. The board of directors of Liu Chong Hing Bank was reorganized and it has been in decline ever since.
In addition to Liu Chong Hing Bank, many banks on Hong Kong Island have also experienced similar situations. For example, Chinese commercial banks such as Guangdong Trust and Commercial Bank, Hang Seng, Guang On, Dao Heng and Wing Lung have been run on one after another. Even the famous Hang Seng Bank has not been able to escape this situation. Tribulation.
At the beginning, Hang Seng Bank also suffered a run because of some trivial matters, losing more than 200 million yuan in deposits within half a month. When it was desperate, Hang Seng Bank could only sell 51% of its shares to HSBC, losing its controlling stake.
Although the strength of Longheng Bank is not weak, after being diverted so much funds by the Li family, and then encountering such a serious run, you know how it will end even if you think about it with your buttocks!
Li Futiao really didn't expect that the Li family, which controlled the sixth largest bank in Hong Kong Island, would be forced into a corner and its destruction was imminent.
Thinking of when Li Yi returned to Hong Kong in a hurry more than ten days ago, and then told him that he wanted to seek justice for Huang Lixing and operate on the Li family, he actually didn't believe that he could do it.
After all, the strength of the Li family is there, even if the Li family wants to touch them, it would be difficult.
However, Li Yi, a foreigner, stunned the Li family and the entire British-owned group with just a few combo punches.
As for Ma Biao who attacked Huang Lixing, Li Yi ignored him at all.
But now it seems that the fate of that bastard is probably not much better than that of the Li family.
To be honest, Li Futiao was really shocked by Li Yi's method.
What does it mean to attack with troops and plan, what does it mean to defeat the enemy without fighting? This is it!
Looking at the entire Hong Kong Island, there is absolutely no one who can do this.
Those gangsters from the British Capital Group had nothing to do to cause trouble for him. Isn't this asking for trouble!
However, considering the current tense relationship between the two parties, the British-owned groups and even the British Hong Kong government behind them will definitely not look good on Li Yi. After all, he has an official background from the opposite side.
The two sides are fighting against each other, and one of them will be injured!
Judging from the current situation, the British Hong Kong government and their master John Bull did not get an advantage in the negotiations with the opposite party, and the British-owned groups were unlikely to get a good deal from the struggle with Li Yi.
Things are getting more and more interesting, and Li Futiao wants to see what the Li family will choose next!
.........
Urban area. Li family!
In the study, Li Jiuying held the phone in his hand with an embarrassed expression.
Just now, he received a call from the board of directors of Longheng Bank, asking the Li family to immediately pay back the 1.5 billion borrowed funds.
That's right, the Li family borrowed not just 500 million from Longheng Bank, but 1.5 billion.
500 million of them were borrowed this time to pay for gold store customers, and the rest were all borrowed before when they entered real estate and other industries.
At first, I thought that the Li family was the major shareholder of Longheng Bank after all, so borrowing money from their own bank would not force them into debt.
But he never expected that the debt collection call would come so quickly, and it would be made by President Charles’ assistant himself!
Although the slutty woman's tone on the phone was quite respectful, Li Jiuying could hear her tough attitude. It was obvious that this stinky woman had been instructed by that ghost guy Charles, and those bastards wanted to kill the Li family. Forced on the road.
Being called for debts by his own bank, Li Jiuying felt that he might be the most aggrieved banker in the entire Hong Kong Island!
The reason for this situation is entirely because although the Li family is the major shareholder of Longheng Bank, he is not the chairman of the board of directors of Longheng Bank.
The chairman of the bank's board of directors is Charles, another member of the British-owned group, and his shareholding in Longheng Bank is only 17%, far lower than the 42% owned by the Li family.
However, since the Li family did not achieve absolute control of Longheng Bank, they only had one seat on the board of directors and could not reorganize the board of directors.
Originally, after the Li family took a stake in Longheng Bank, they planned to reorganize the board of directors and nominate him, Li Jiuying, as chairman of the board of directors.
But Charles asked Jazz to come forward to negotiate a deal, and the Li family held less than 51% of the shares. In the end, they gave up on reorganizing the board of directors and fully supported Charles in controlling Long Heng.
But I never expected that now that the Li family had just suffered a disaster, they would turn against each other and want to drain the fire.
Li Jiuying knows very well that they simply cannot come up with 1.5 billion in funds now!
Although the Li family now controls a lot of real estate properties, for example, they invested in a large shopping mall in Happy Valley and invested 300 million in funds.
Another example is investing in a real estate project in Causeway Bay, with hundreds of millions invested.
If you calculate carefully, the real estate held by the Li family is at least 2 billion Hong Kong dollars. Including the 36 gold shops and the properties they occupy in the city, the value will not be less than 2.3 billion Hong Kong dollars.
Then there is the 42% stake in Long Heng Bank held by the Li family. Before the run, these shares alone would have been worth HK$1.5 billion.
But how much it is worth now, only God knows.
These assets do seem like a lot, but remember that these are just assets, not cash.
If you want to repay the bank's money, you have to sell this property. However, because the entire Hong Kong Island is currently experiencing a serious stock market crisis, real estate prices have plummeted. The prices of most real estate have been cut in half, and prices have been reduced. The trend continues.
It is conceivable that if they were to sell these properties now, let alone whether anyone would take over, even if they were, the prices would be extremely high.
But he also knew that the depositors were eager for money now, and the bank did not have that much money.
And if the bank doesn't have money, it will force them to go to the Li family. If they can't raise the money, their family's properties will probably be forcibly repossessed and auctioned.
It can be said that the Li family is really at a critical moment of life and death now!
If you are not careful, your family may be ruined and your family may be ruined!
Thinking of this, Li Jiuying thought of the big bosses of the British-owned group and their promises to him.
At that moment, he immediately picked up the phone and dialed a number...
.........
