Shen Dong asked, "Why choose the inland areas instead of the West?"
Liu Dong, clearly having given it considerable thought, said, “The Western market has already been divided up by those big banks. It will be extremely difficult for Hang Seng Bank to snatch market share from their jaws. But the mainland is different. It is a treasure trove yet to be developed. The government’s policies toward foreign investment are very lenient, and most importantly, they are extremely short of foreign exchange. I’ve calculated that if Hang Seng Bank can enter the mainland and develop, we can make a fortune just from foreign exchange transactions.”
Shen Dong laughed and said, "You must have known in advance that I was making plans in the inland areas, right?"
Liu Dong shook his head and said, "I'm not trying to flatter you, but I genuinely believe that the inland economy has the potential to take off. Compared to five years ago, the inland economy has grown 3.5 times in size, and major first-tier cities have developed large-scale industrial clusters. Although it is still small, its potential is limitless. Coupled with its unique population resources and huge market, I really can't think of any reason why the inland economy can't develop."
Shen Dong gave Liu Dong a deep look and said, "Mr. Liu, I heard that you used to be the president of Standard Chartered Bank. I wonder what your opinion is on that bank?"
Liu Dongdao said, "It's a den of iniquity that the Americans use exclusively. The reason I was put in jail was mainly because I got some things I shouldn't have. I handed these things over to the then Commissioner of Police, and he destroyed them right in front of me. Haha, I only realized how naive I was at that time."
Shen Dong said, "I'll give you a chance to get revenge. I'm currently sending people to investigate the internal problems of Hang Seng Bank and Standard Chartered Bank, and you'll be in charge of that. If you can find dirt on the Standard Chartered Bank president, I can help you get him arrested."
Liu Dong's eyes lit up, and he said, "No problem."
Shen Dong said meaningfully, "This is a test, and I hope Mr. Liu will not disappoint me."
Liu Dong said, "I will strive for a perfect score."
Without staying for lunch, Liu Dong rushed to Standard Chartered Bank.
He was eager to see the bastard who had put him in jail.
Jian Aowei said, "Adong, thank you for giving Adong a chance to prove himself."
Shen Dong smiled and said, "Opportunity is for those who are prepared. Whether this Mr. Liu is one of them depends on his abilities."
Ou Yongen said, "Let's not talk about that anymore. Honey, what are you planning to treat us to for lunch?"
Shen Dong said, "Several double-headed abalones were airlifted in yesterday, and I've already asked the hotel to prepare them."
Jian Aowei's eyes lit up, and he laughed heartily, "Looks like I'll be able to enjoy a good meal again today."
Shen Dong said, "This can also be considered a celebration of your upcoming appointment as President of the Legislative Council."
Jane rolled her eyes and said, "If it's just to celebrate this, I'd rather not eat it."
"Hahaha"
Shen Dong and Ou Yongen couldn't help but laugh.
While the three were having dinner, major media outlets in Hong Kong all featured the news of Shen Dong's press conference on their front pages.
"Hang Seng Bank has changed hands, with Hong Kong's richest man, Shen Dong, becoming the new owner, and the US conglomerate withdrawing on a large scale."
"Shen Dong made a profit of 20 billion US dollars in the Japanese stock market, becoming the richest man in Asia."
"Overnight, Hang Seng Bank underwent a dramatic transformation, and Shen Dong became the new financial tycoon of Hong Kong Island."
"To injure the enemy by a thousand, one's own will suffer eight hundred losses; the US conglomerate and Shen Dong are at odds again."
......
The news that Shen Dong had become the president of Hang Seng Bank caused a huge uproar throughout Hong Kong Island.
Changjian Group Headquarters
Li Ka-shing put down the newspaper, a look of shock on his face.
The two brothers, Li Zeju and Li Zekai, sat on the sofa, both remaining silent.
The Li family made a total profit of 3.5 billion US dollars in the Japanese stock market, which they thought was quite remarkable.
Unexpectedly, Shen Dong was even more ruthless, with profits reaching a staggering 20 billion US dollars, which was absolutely terrifying.
Li Ka-shing breathed a sigh of relief and said, "Heroes emerge from among the young. Compared to Shen Dong's grand gesture, we seem too petty."
Investing 15 billion US dollars in the ever-changing stock market is a risky gamble. Even if Li Ka-shing did have that much money, he would never make such a gamble.
Shen Dong dared to do this, which shows how bold this young man is and how confident he is in his own judgment.
Li Zekai said, "Shen Dong isn't bragging, is he?"
Li Zeju said with a wry smile, "I'm absolutely not bragging. I suspect he might be earning even more."
Li Ka-shing said, "That's right. We entered the Japanese stock market at almost the same time. When Shen Dong exited, he had made at least 35 percent profit. With a leverage of 5 times, and after deducting the corresponding transaction fees, Shen Dong's profit was at least 24 billion US dollars."
Li Zekai cursed, "Damn, this guy really got lucky."
Li Ka-shing frowned and said, "Ze Kai, is it so hard to admit that you are inferior to the other party?"
Li Zekai lowered his head, remained silent for a moment, and said, "Okay, I admit that Shen Dong's courage and vision far surpass mine, but I will never learn from his all-or-nothing approach; it's too risky."
Li Ka-shing nodded in satisfaction and said, "That's right. Shen Dong's risky behavior may make him rich, but if he loses just once, he'll be finished. We, on the other hand, are developing step by step, slowly but steadily. In the long run, our approach should be the right one."
“What annoys me is not how much money Shen Dong made, but that he became the owner of Hang Seng Bank without making a sound.”
Li Zeju said, "Father, we missed our chance."
Li Ka-shing sighed and said, "Yes, if you're slow on one step, you'll be slow on every step. When Hang Seng Bank's stock price plummeted, we didn't understand the situation. By the time we did, Shen Dong had already completed the acquisition."
Li Zeju said, "However, this is also a good thing. At least this money-devouring beast that has dominated Hong Kong Island for decades has fallen into the hands of us locals."
Li Zekai said, "The American conglomerates and the American government are likely to withdraw all the money they have in Hang Seng Bank. This withdrawal will be enough to cripple Hang Seng Bank. I think Shen Dong will have a lot of trouble ahead."
Li Ka-shing took a sip of coffee and said, "Then let's go and lend a hand."
Li Zekai was taken aback and asked, "Father, are you also planning to withdraw from Hang Seng Bank?"
Li Ka-shing said, "On the contrary, I want to put the money into Hang Seng Bank."
Li Zekai frowned and asked, "Why?"
Li Zekai had absolutely no liking for Shen Dong.
The Li family also lost a lot of face because of him.
Shen Dong is in trouble now, and Li Ka-shing actually wants to help his enemy, which Li Zekai finds very hard to understand.
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