MTL - Reborn Capital Tycoon-Chapter 25 Hang Seng Bank

  Chapter 25 Hang Seng Bank

  Get out of the tailor shop

  Chen Yi touched the wallet with only a few dollars left in his pocket, and secretly rejoiced that the money on his body was almost not enough to pay the deposit.

  Thinking about going to Shau Kei Wan later, it is necessary to treat Haozi's cousin to a meal, Chen Yi thought about it, and planned to cash the check given by Daheng Li, and withdraw some money.

   "Wenhui, you should go back first."

   "It's fine for me and Mingzai to take the car back here."

  When Li Wenhui heard the words, his face showed reluctance.

   "What's wrong?" Chen Yi stepped forward, squeezed her little hand and said.

  Li Wenhui shook her head, but still did not speak.

  Seeing her like this, Chen Yi said gently: "In a few days, I may live in Shau Kei Wan often. I will give you an address. If you have time, you can find me there."

   "Really?" Li Wenhui heard the words, and the reluctance on his face disappeared.

  If it is Tiujingling, it takes a long time and is inconvenient to take a car or a boat. She has to go to school. Although she has more free time in college, she can't see her whenever she wants.

   But it would be different in Shau Kei Wan. She has Qi Dahai as her bodyguard and driver, and she can go there anytime after school if she wants to.

  Chen Yi nodded and said: "Of course it is true. What did I lie to you for? I took so much money from your uncle. Of course, I can't take it for nothing. When I finish my work, I will call you."

   "Okay, then I'll wait for your call." After speaking, Li Wenhui suddenly thought of something, so she asked, "Do you remember my phone number?"

  Li Wenhui remembered that Chen Yi never seemed to take the initiative to call her. When they were in school, the two of them would directly make appointments for time and place, and there were very few phone calls.

  Chen Yi said awkwardly: "Well, please leave me a call again."

   "Hmph, I knew you forgot." As she spoke, Li Wenhui took out a lipstick from her bag and "stretched out her hand".

   "What are you doing?" Chen Yi looked confused.

  Li Wenhui said: "I'll write you the phone number, I don't have a pen and paper in my bag."

   Chen Yi sweats profusely when he hears that being rich is self-willed.

  Chen Yi took out a pen and paper from his bag, handed it to Li Wenhui, and said, "Write this, don't waste lipstick."

   After writing down the phone number, Li Wenhui urged: "Remember to call me, don't forget, or I will show you when I get angry."

  This threat is refreshing enough.

  Chen Yi nodded honestly and said: "Don't worry, I will never forget, you can wait for my call at home with peace of mind."

  After receiving the guarantee, Li Wenhui stopped talking nonsense, turned around and got into the car, bowed to Chen Yi and Ming Tsai, and left.

   Watching Li Wenhui leave, Ming Zai walked up to Chen Yi and asked, "Brother Yi, shall we go back to Shau Kei Wan next?"

  Chen Yi shook his head and said, "Go to Hang Seng Bank first."

  When it comes to Hang Seng Bank in later generations, it is easy to think of the Hang Seng Index.

  In fact, the Hang Seng Index is really related to the Hang Seng Bank, because the Hang Seng Index is created by the Hang Seng Bank.

  In the mid-to-late 1960s, Hang Seng Bank selected 30 stocks of listed companies from many listed companies in Hong Kong as constituent stocks for external reporting, covering four major sub-indices of industry and commerce, finance, real estate and public utilities.

  Hang Seng Index is an important indicator of the Hong Kong stock market price. The index is calculated by the market value of several constituent stocks (ie blue chips), representing 70% of the market value of all listed companies on the Hong Kong Exchange.

  Last year, Hang Seng Bank was listed on the Hong Kong Stock Exchange, which was oversubscribed 29 times, and its current market value is nearly two billion Hong Kong dollars.

   It is worth mentioning that Li Guowei, the current general manager of Hang Seng Bank, and Li Wenhui's uncle Li Xiaohe are cousins, and they are not far apart by blood.

When he came to Hang Seng Bank, Chen Yi took out the cash check that Li Xiaohe gave him. The service staff glanced at the check and saw the figure of 100,000 yuan on it, and quickly handed the check back to Chen Yi, saying: "Sir, please wait Wait, I'll ask our manager to receive you."

  A business of 100,000 yuan is obviously beyond the authority of ordinary receptionists, and can only be received by managers.

   Soon, Chen Yi was invited into the reception room of the VIP room by the business manager.

   "Mr. Chen, please drink tea"

"Thanks"

   "I don't know whether Mr. Chen is withdrawing money or depositing money."

   "First open an account for me, and then deposit the money on the check into my account."

  After learning that Chen Yi did not intend to take the money from the check, the business manager said: "I wonder if Mr. Chen has any other business needs to handle? Our Hang Seng Bank can provide the best and highest quality service for Mr. Chen."

  When Chen Yi heard the words, his heart was moved, and he said, "I want to buy a toy factory. Do you have any suitable recommendations?"

  The business manager of "Toy Factory" heard Chen Yi's request and was overjoyed. Starting from the 9th, the Hang Seng Index plummeted. In less than half a time, many small and medium-sized enterprises went bankrupt.

  Especially for the small and medium-sized customers of Hang Seng Bank, many of them mortgaged their company to the bank for stock trading, and they still haven’t paid the money yet, only waiting for the fate of being accepted by the bank.

  However, for these small and medium-sized enterprises, the potential is limited, and it is impossible for banks to always hold them in their hands and can handle one by one.

   "Mr. Chen, please wait a moment, I'll check right away to see if there is a toy factory that Mr. Chen needs."

   "No problem," Chen Yi nodded.

  After the business manager left, Ming Tsai, who had been standing behind Chen Yi without speaking, couldn't help whispering: "Brother Yi, what about Haozi?"

  Chen Yi pressed his hand and said: "Don't worry, I know what's in mind, let's shop around and see first, which one is suitable at that time, we will choose that one."

  Hearing what Chen Yi said, Ming Zai didn't say anything more.

  In the reception room, while drinking tea, Chen Yi thought about the information about Hang Seng Bank in Xiangjiang Wenzhong that later generations had read.

   It is understood that Hang Seng Bank has now become a subsidiary of HSBC Bank. The largest Chinese bank in Hong Kong in the early days was the main competitor of HSBC Bank in the beginning.

  However, after the large-scale banking crisis broke out in Hong Kong in 1965, Hang Seng and many other Chinese-funded banks suffered a run on, and eventually the controlling stake changed hands.

  HSBC bought 51% of the shares of Hang Seng Bank at a low price, not only obtained the high-quality asset of Hang Seng Bank, but also eliminated the most threatening opponent in one fell swoop.

  Although HSBC only sent four representatives to join the board of directors after the acquisition, and continued to maintain the original Chinese management, without any replacement, it is undeniable that Hang Seng Bank is no longer a Chinese-funded enterprise.

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  (end of this chapter)