Chapter 21 The terrifying profits of Hang Seng Bank executives



Just when Mo Zhexuan and Wang Pengfei were discussing the plan to short the Hong Kong dollar at the Lvyuan Teahouse.

Far away in a small office in the Hang Seng Bank Building in Central, Hong Kong Island, a press conference was being held to announce the profits from shorting the Carrian Group.

Sitting in the center of the meeting was Ho Sin Hang, the founder of Hang Seng Bank.

The two sides are General Manager Li Guowei, Deputy General Manager Lin Xiaodong, and Directors Li Xinyi and Zhang Zhijun.

These five people are the top executives in Hang Seng Bank and are the founders of the bank's development and growth.

Of course there were four other directors, but they were all from HSBC and were naturally excluded.

"Everyone! This time, our short position in the Guardian Group, HSBC, Waldorf, Baoheng, and other related companies and banks has been completed."

"All the stocks I borrowed from the brokerage have been delivered. After deducting everyone's principal, the total profit is HK$2.153 billion."

A hint of joy appeared on He Shanheng's graying face.

Ever since he got this income statement, he has been overjoyed.

This profit is more than HSBC's profit this year.

Of course, what makes him even happier is that he has the opportunity to regain control of Hang Seng Bank before retiring.

"So much! I thought it was around HK$1 billion at most! If I had known, I would have invested an extra HK$200 million."

Director Li Xin immediately beat his chest and stamped his feet in deep regret.

He regretted that he had only invested HK$200 million and could not help but envy Lee Quo-wai and Ho Sin-hang, as both of them invested HK$500 million.

"Mr. Li! Don't envy me. In order to raise this 500 million Hong Kong dollars, I mortgaged almost everything I could."

Li Guowei laughed heartily. He was very happy with the profit this time.

At the same time, my worries calmed down, and I started to win everyone's trust.

Only if he invests the most money can the plan go smoothly, so he has to go crazy.

"Mr. Li, don't be greedy. I invested the least. Of course, I admire Mr. He and Mr. Li's courage. If it were me, I wouldn't dare to go all in."

Deputy General Manager Lin Xiaodong smiled self-deprecatingly.

Although I envy the income of Ho Sin Hang and Lee Kuo Wai.

But if he were in his shoes, he would not dare to do so, so he only invested 50 million Hong Kong dollars.

"Ah! Mr. He and Guowei are indeed foresighted. Once they see their goal, they move forward courageously. This kind of courage is what we lack!"

Zhang Zhijun calmly took a sip of tea, his face showing neither sadness nor joy. Instead, he tried to be friendly with Li Guowei, because everyone knew that He Shanheng would retire next year.

"Alright! Stop flattering each other. Now let me read out your returns based on your respective investments."

"Sin-Hang Ho invested HK$500 million and earned HK$683 million."

"Lee Quo-wei invested HK$500 million and earned HK$683 million."

"Zhang Zhijun invested HK$250 million and earned HK$333 million."

"Li Xinyi invested HK$200 million and earned HK$266 million."

"Lin Xiaodong invested HK$50 million and earned HK$66 million."

"The remaining HK$100 million is commissions and bonuses for all participants in this operation, as well as hush money. We'll keep it a secret for as long as possible! All the major banks in Hong Kong are trying to figure out who we are."

He Shanheng read out the profits for each of them, then handed the contracts he had prepared to the other four people one by one. After they had read and signed, he continued:

"Everyone! Next, let's discuss the issue raised by Guowei, which is to make Huaxia Bank our ally and work together to regain control of Hang Seng from HSBC."

"Let me first explain my point of view. I believe everyone has been paying attention to the news about the Iron Lady's visit to Beijing for negotiations."

"What I want to say here is that the future return of Hong Kong to China is an inevitable trend and cannot be stopped."

"According to information I received from a friend there, Hua Xia Bank plans to establish the Bank of China Group next year to unify the management of fourteen banks in Hong Kong and Macau."

"This shows that Hua Xia is very determined to develop Hong Kong. I believe I can tell you about HSBC's status in Hong Kong."

"Everyone knows that the cost of offending the other party is not something we can easily bear. Therefore, if we want to gain control of Hang Seng Bank, we must make every possible effort. Cooperating with Hua Xia Bank will be of great benefit to us."

Since his last conversation with Mo Zhexuan, Li Guowei has carefully analyzed the pros and cons.

At the same time, he used his personal connections in China to understand the other party's intentions and found that cooperation would bring more benefits than disadvantages to both parties.

"Let me first state my opinion. I still have some concerns about the future of Hong Kong. China is undergoing reform and opening up, but who can guarantee that things won't change overnight? If something unexpected happens, wouldn't it be like walking into a tiger's den if we cooperate with them?"

Li Xinyi expressed his opinion with concern, which is also what their family is currently worried about.

Because their family across the street used to be the landlord class, which was the target of overthrow, so they were naturally afraid of being liquidated in the future.

"I think Mr. Li's concerns are unnecessary. The fact that they've so openly invited overseas entrepreneurs to invest and build factories demonstrates their commitment to reform and opening up. Furthermore, with that old man in charge, I don't think there will be any unexpected policy changes."

Zhang Zhijun followed suit and expressed his own views.

Because he had visited Shenzhen with the charter king last time and found that there were business opportunities everywhere, so they were planning to move some of their industries there.

"I think we can cooperate with Hua Xia Bank, but we absolutely cannot let them control Hang Seng Bank. This goes against our original intention."

Deputy General Manager Lin Xiaodong expressed his opinion that cooperation is possible.

But we must never allow the other party to have the final say within Hang Seng Bank.

Otherwise, it would be no different from being under the HSBC Group.

"Xiaodong's view is also my view. We can cooperate, but we must not let the other party gain control of Hang Seng Bank. This is the bottom line. Hang Seng Bank must be decided by us."

After He Shanheng and others expressed their opinions.

He expressed his opinion in a decisive manner, and then said to Li Guowei:

"Guowei! I'll leave this matter to you. Contact Huaxia Bank as soon as possible. After we take action, I hope they can help us put pressure on HSBC."

"no problem."

Next, the few of them discussed how to make HSBC give up its control of Hang Seng at the lowest cost.

It can also help Hang Seng Bank avoid more losses. After discussing a feasible plan, everyone immediately divided the work and cooperated.

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