Reborn In Hong Kong: The Tycoon Grows Up - Chapter 563
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Chapter 563

Shen Bi knew that the situation was irreversible, and the only thing he could do now was to cooperate with the work of the Hong Kong government and convert all the foreign exchange reserves of HSBC into Hong Kong dollars.

If the Hong Kong dollar crisis is not lifted, HSBC will be closed for one more day, and it will also mean an extra day of wasted time on loans from Morgan Bank. His current idea is to quickly resolve the matter, and then integrate HSBC's global resources to overwhelm other banks in Hong Kong in terms of scale.

Pu Weishi had been invited to drink tea, and Shen Bi cooperated fully. The operation of the staff of the Finance Department is even more straightforward, and they don't care about the losses of HSBC. As long as there is a sell-off of Hong Kong dollars in the market, it is directly exchanged with the foreign exchange reserves of the local HSBC Bank. This wave of operations makes the professional traders of Morgan Bank somewhat incomprehensible.

HSBC is also the No. 1 Bank of Hong Kong, and it is also the No. 1 in the world. But how can the operation be so amateur, even the basic operation is not clear, what is going on.

Oakley, head of Morgan Bank Xiangjiang, was even more confused, what did Shen Bi mean. The bank has just exchanged Hong Kong dollars for Morgan Bank and got the shares of Oceanic Milan Bank; they have started to cross the river and demolish the bridge to use foreign exchange reserves to repurchase Hong Kong dollars.

HSBC will not participate in the war, but Oakley has assured the family that it is so simple and direct when it comes up, and it even has the momentum of breaking the boat, so how can Morgan Bank not be angry.

Oakley hurriedly called Shen Bi to find out what was going on. After treachery, he still wants to develop in the United States. If he does not acquire a small bank, everything will be fine. Without the help of the Morgan family, HSBC would not be able to survive in the United States.

The banking industry in any country needs the help of the government and financial groups to develop, not to mention the powerful America. HSBC dared to play that the Morgan family did not want to come to the United States to develop, or they were arrogant and thought that the Morgan family was not enough.

But what Oakley didn't expect was that Shen Bi didn't answer the phone, what did he mean. After using it, he started to hide from himself. He didn't want to make Morgan Bank feel better, and I couldn't make you comfortable. Oakley quickly asked the driver to take him to the headquarters of HSBC.

How can Shen Bi dare to answer the phone call from Morgan now? Isn't this telling the people of Hong Kong that he betrayed them! At this time, it is too late to hide, how could Oakley find him.

When Oakley came to the headquarters of HSBC, he saw that it was in a semi-closed state, and only some employees handled foreign exchange business. All other businesses will be suspended. Not to mention Shen Bi, other high-level executives of HSBC are not in the office.

Seeing this situation, he knew that something might have happened to HSBC, and Shen Bi was likely to be brought under control.

After Oakley left HSBC, he felt that things should not be so simple, and quickly reported the situation to the country.

This time, the general manager of Morgan Bank's shorting of the Hong Kong dollar is William Morgan, who is Rachel Morgan's brother. After listening to the report from Hong Kong, from the perspective of the operations of HSBC's branches around the world, it is a comprehensive analysis that HSBC is likely to be entrusted by the government. In other words, the Hong Kong government has reached the point of exhaustion. After all, it is rare in the world to directly take over the central bank.

William-Morgan believed that as long as HSBC's foreign exchange reserves were exhausted, there would be no way to do anything about Hong Kong, so he ordered his subordinates to increase the intensity and amount of shorting Hong Kong dollars in various financial markets.

HSBC's foreign exchange reserves exceeded 40 billion US dollars, so Morgan Bank did not take advantage of it for three consecutive days. However, HSBC's foreign exchange reserves were running out. If Morgan Bank came with 100 billion Hong Kong dollars after the loan expired, HSBC would definitely Bad luck.

Seeing that the bank was already in this state, Shen Bi hurriedly convened the board of directors again. This time, all directors are required to participate. Now is a moment of life and death for HSBC. In any case, we must give shareholders an explanation. Small shareholders also have the right to know, otherwise it will be very troublesome to sue you.

At this time, there were many staff from the Financial Department in HSBC, and Shen Bi did not put the meeting in the bank, but arranged it in a hotel under the name of HSBC.

Because the board hotel had stopped accepting any guests three days ago, Shen Bi even called the director who lived in the UK this time. There is no time to send representatives to participate, after all, the matter is too big and closely related to everyone's interests.

After more than 100 years of development, HSBC has nearly 100 shareholders who are eligible to participate in the board of directors. Shen Bi knows that whether he can keep his position as the executive depends on the attitude of the shareholders. At this time, he has no confidence.

Sitting on the main seat, Shen Bi said, "Everyone should already know that the Hong Kong government has issued a notice to HSBC to suspend business for rectification. In addition, Pu Weishi, the general manager of the bank, and Mo Keyuan, the manager of the credit department, were drinking tea at the ICAC at this time."

"Why does the Hong Kong government do this? Some shareholders already know that we have provided Morgan Bank with a sum of money. In exchange for a controlling stake in Ocean Milan Bank, we already have a bank in the United States, and the channel for development in the United States has been opened. ."

"This is the dream of generations of HSBC, and it is a very happy thing to realize it in our hands. However, HSBC has also paid for the decline in the share of coinage, the suspension of business for consolidation, the investigation of high-level executives, and all foreign exchange reserves must be used to save the market. price."

"I didn't dare to admit it at the meeting of the Hong Kong government. At the board of directors, I can proudly say that I agree with all these. Both Pu Weishi and Mo Keyuan are carrying out my orders. In order to make HSBC's losses smaller, they chose to Take the responsibility and cover for me."

"I, Shen Bi, are not a timid person, nor am I someone who puts the blame on my subordinates. Now that the two of them are being investigated, I feel more uncomfortable than anyone else, but I have no choice for HSBC."

"Hua Ying's negotiations on the Hong Kong issue have not yielded a clear result. We do not know in which direction the future development of Hong Kong will be. If HSBC cannot achieve globalization before this time, it will be very passive at that time."

"Once HSBC loses some of its rights, we won't have any advantage in Hong Kong. A bank can't just look at one place, so I hope HSBC can become global and have our branches in any corner of the world."

"If we want HSBC to develop for a long time, we must give customers more choices. Customers who choose HSBC can handle foreign exchange business in any corner of the world. This is my goal."

"The opportunity to achieve this goal is now at hand. For the sake of HSBC, I choose to cooperate with the opponent. This is indeed sorry for the people of Hong Kong, but for HSBC, the development space will be broader and the prospects will be brighter."

"The purpose of holding the board of directors today is to hear your opinions; whoever thinks Shen Bi has done something wrong, I can abdicate and let me go. As long as the successor can serve HSBC wholeheartedly, I have no problem."

It can be said that Shen Bi's strategy is very clever. Pu Weishi, the general manager of the future Taipan candidate, is locked up in the Independent Commission Against Corruption. There is no one left with the qualifications and prestige to be qualified for the senior class position. In addition, it is a mess now. The HSBC shareholders will think that no one except Shen Bi can turn the tide.

Moreover, Shen Bi is doing this for HSBC's strategic goal of globalization, which may be greatly affected at the moment. From a long-term perspective, HSBC will not suffer a loss~www.mtlnovel.com~ said a director who has a very good relationship with Shen Bi. : "Shen Daban, we believe in you. Although HSBC has lost some rights and interests, can these rights be preserved in the future? Everyone knows in their hearts that it will be a matter of time before Heung Kong returns to HSBC and some privileges will be taken back. At this time, it is time to acquire a bank in the United States. It is indeed a once-in-lifetime opportunity. This time, Morgan Bank asked us. Morgan had to come forward to acquire Oceanic Milan Bank. HSBC's intervention not only cost a lot, but whether the U.S. Department of Commerce would approve the acquisition is uncertain. "

"Dear directors, we must look at the problem from a developmental perspective. Only when HSBC has achieved globalization will it be beneficial to its invincible position."

At this time, HSBC's slightly larger shareholders are all British, and it makes sense to hear someone say that. After all, Huaxia has no idea what will happen after taking back Xiangjiang. HSBC's globalization is something that can be seen. After all, Ocean Milan Bank is placed there.

Except for a few directors who abstained from voting, the vast majority of directors cast a vote of confidence in Shen Bi. That is to say, Shen Bi still remained in the HSBC senior class position, which made him feel half relieved. The rest is to deal with the follow-up of the Morgan Bank loan, and now it seems that only a few other banks have to be discussed. The most important thing is that Heiyun Bank still asks Bao Zixuan to help. He knew that he would have to pay a great price this time, but Shen Bi had no choice.