Chapter 514: Mr. Tang’s Money Has Also Been Deposited
"What kind of gold coupons? They are all tricks played by these unscrupulous businessmen. ()" Uncle De muttered angrily, "Hang Lung Bank asked for it."
"Can you stop talking." Aunt De, who was in a bad mood, finally exploded, "Listen to your nagging, or watch Media Asia TV introduction?"
"You are a housewife, can you understand?" Uncle De sarcastically.
"If you don't understand it once, then read it several times." Aunt De glared at Uncle De angrily, "You understand, why do you still deposit money in a bank that may go bankrupt at any time?"
"It's not like you don't know how that mouth can speak kind words when we were in-laws. I was so excited that I partnered with him." Uncle De was short of breath at the time, pointing at the TV and urging him, "Let's just watch Media Asia TV. , Sun Hung Kai Bank should not be so unlucky."
After the old couple had finished their chatter, their gazes returned to the TV.
...
"On the second day after the Xie Liyuan Gold Shop closed, that is, on September 7, 1982, those investors who had no time to exchange gold from the Xie Liyuan Gold Shop took the next best thing, waved gold coupons, and flocked to Hang Lung Bank like a tide. As a result, tens of thousands of Hong Kong dollars were withdrawn within one day."
"At that time, Hang Lung Bank's branches in Yuen Long, Tai Po, Fanling and Sheung Shui districts in the New Territories were crowded with people, and the head office had to send 30 to 40 million cash to these branches to meet the demand."
"After clarification by all parties, the bank run in 1982 subsided the next day, and Hang Lung Bank survived the crisis."
...
"I remember that in the 1960s, there was also such a wave of crowding out. What was the result?" Aunt De tried hard to recall.
Uncle De replied casually: "If there is anything to think about, banks with little value will be allowed to go out of business or even go bankrupt, and big banks like Hengfeng will be eaten by HSBC or Standard Chartered."
Speaking of this, Uncle De sighed, "At that time, there was only the Hong Kong Stock Exchange in the stock market, and the participants in the buying and selling were all foreigners and wealthy and famous families. We bosses can only watch in a cloud of mist. Media like Media Asia TV reported from a neutral point of view, but they really don’t know why. It is estimated that if Hang Lung Bank really fails, it will be taken over.”
"Now that the Hong Kong dollar has depreciated so much, many people are rushing to buy things in the mall. Otherwise, we can also take some out..."
Aunt De just said this,
Uncle De interrupted the conversation, "We are quite old, so we should stop messing around with the trend. Keyi's job is hard, but the salary is good. Dingtian was also hired by Zheru Xiangjiang Company and sent to the opposite special zone As a supervisor, our small family is already very stable. The sky is falling, and the tall ones will bear it first, so put your heart in your belly."
"Then I will trust you again." Aunt De nodded, "However, you must quickly withdraw the money from Sun Hung Kai Bank."
"Don't worry, it will definitely be taken out tomorrow." Uncle De, who was nagging him so much, waved his hands quickly and said, "Hurry up and watch your wireless TV series."
"Don't watch it. Just put the channel on Media Asia TV, so as not to miss any important news." Aunt De shook her head.
...
As a result, Uncle De, who vowed to go out early the next morning, finally returned home dejected.
Seeing this scene, Aunt De didn't bother to chatter anymore, she just cursed, "Old trash, why don't you go to the head office of Sun Hung Kai Bank?"
"Old arms and old legs are really useless." After beating his legs and complaining, Uncle De pointed to the scrolling news at the bottom of the Media Asia TV program screen and exclaimed: "The exchange rate of Hong Kong dollar to U.S. dollar has already fallen. It dropped to 9.6!"
"It's rare and strange. You haven't heard of it outside." Aunt De cut it, "Media Asia TV forecast, there may be a major official news announcement in a while."
"I've heard some, but the numbers are not so exaggerated." Uncle De shook his head. Taking out the crumpled newspaper, "What big news can the Hong Kong government have?"
Not to mention, there is indeed big news. The Hong Kong government finally couldn't sit still and began to take action against the recent banking crisis. At 6:18 in the evening, the "Hang Lung Bank (Reception) Bill 1983" was passed for the third reading. The government officially took over Hang Lung Bank.
Financial Secretary Peng Lizhi mentioned in the second reading of the draft that if the government does not bear the burden, Hang Lung Bank will not be able to honor its 100 million yuan bill.
"Not to mention, you, an old antique, also have times when you can predict things like a god." Aunt De stared at the TV and muttered.
"The people in the Hong Kong government are talking too much, and most of them are nonsense." Uncle De snorted, read the newspaper again, and said to himself: "The second "Senior Sister Heroic" starring Lin Qingxia, in the After it was released in DreamWorks theaters, it became a huge hit again."
"Well, you are an old and disrespectful guy, and you have learned from young people to chase stars." Aunt De stretched out her hand and pinched Uncle De hard. Ah, I'm just curious about the little-understood plot mentioned in this newspaper. The villain in the movie clamors that as long as he wants to, he can suppress the exchange rate of the Hong Kong dollar to the US dollar. Doesn't this coincide with the current reality? "
"Really?" Aunt De took the newspaper, looked at it suspiciously, and then said to Uncle De: "Read it for me."
"Don't read it." Uncle De rubbed the pinched place, and refused angrily, "Can't you bear it, you can see for yourself if you have the ability."
"You wait." Aunt De turned her gaze to the TV angrily, then opened her mouth in surprise, "Look, you're on TV."
Uncle De smugly smacked his thigh, "While queuing up today, a reporter from Media Asia TV happened to go to the scene to interview, and I didn't expect to actually broadcast the episode with me."
At this time, the host of Media Asia TV introduced: "Following the run-on of Hang Lung Bank, Sun Hung Kai Bank has also experienced this phenomenon. However, the executives of the bank said that they are fully prepared and will not be like Hang Lung Bank. Repeating the same mistakes like that, the current customer withdrawal activities are still within a reasonable range.”
Uncle De stood up suddenly, and said angrily: "It's over, the more this rhetoric, the more it means that you are strong on the outside but on the inside."
"Then I will accompany you to the head office of Sun Hung Kai Bank to withdraw money tomorrow." Seeing that Uncle De lost his previous calmness, Aunt De also panicked.
Ever since, the old couple mobilized together early the next morning, but when they arrived at the scene, they realized that they were not the only ones with this idea, and there was already a long line of people.
Aunt De Shude had no choice but to stand obediently behind and wait, while the bank waited until 9:30, before the front of the line showed signs of loosening.
When it was close to noon, many people sat on the ground under the sun and began to curse at the personnel maintaining order impatiently.
The scene was chaotic, when the side door opened, a bank employee came out with a loudspeaker, "I want to announce two important news to everyone."
Seeing this scene, Uncle De sighed and said, "Isn't Sun Hung Kai Bank going to announce the closure of business?"
"The first news is that Mr. Tang Huan won the richest position in the latest wealth list of the American "Forbes" magazine. The second news is that Mr. Tang bought 20% of the shares of Sun Hung Kai Bank, which became the third strategy. sexual shareholders, and at the same time deposit US$10,000 in cash into Sun Hung Kai Bank.”
"Why, Mr. Tang's money has also been deposited?" Many people present, including Aunt De Shude, started discussing in surprise. (To be continued.)