Chapter 729: Hang Lung Bank Bank Run!

Yang Ming was a little excited, but also very calm.

It seemed that everything was just as he had arranged.

Yang Ming returned to the Mid-Levels Villa and had dinner with his parents.

It had been a while since he had seen Sarah and Diana.

At 21:00 in the evening.

Yang Ming and Ah Zhu drove to the Mid-Levels Villa where Sarah and Diana lived.

When Yang Ming's Rolls-Royce stopped.

Sarah and Diana upstairs had already discovered that Diana was not as reserved as her sister Sarah, so she came down directly from upstairs and hugged Yang Ming's arm very intimately.

"Have you eaten?"

"Yes."

Nowadays, Diana and Sarah have been in Hong Kong for a long time. They usually watch programs on Asia Television and can speak some simple Cantonese, but with a strong Western accent.

Yang Ming, Sarah, and Diana are walking in the garden outside.

It is September now, and the weather in Hong Kong is still very hot.

However, there are many flowers in the Mid-Levels Villa where Sarah and Diana live, and the two girls usually like flowers very much.

On Deng Lijun's side, Deng Lijun cannot inhale pollen because of her own hidden illness. Even if Deng Lijun likes flowers, she cannot get too close to them. Deng Lijun's side naturally only has trees that don't bloom very often, and no other potted flowers are planted.

Sit down in the garden and enjoy the breeze there.

Diana stayed with Yang Ming for a while, and she went upstairs with Ah Zhu first.

Sarah and Diana both knew that they might not be able to leave Sir Yang in this life. However, considering her own situation, Sarah thought that if Yang Ming wanted to get married formally in the future, it would be more suitable to marry her sister, but Yang Ming had never proposed it to them.

Diana is still young now.

Yang Ming and Sarah looked at the distance at the railing. When Sarah approached him, she found that this feeling was very wonderful.

. . .

Yang Ming returned to his villa halfway up the mountain and went upstairs to the study.

Yang Ming kept looking out the window.

Early the next morning, Yang Ming got up and washed up. The weather was still quite hot, so he went swimming first.

After getting off the swimming pool, he changed his clothes and went down to have breakfast with his parents.

Yang Ming opened the newspaper and saw today's news headlines. It was indeed related to Xie Liyuan Gold Shop and Hang Lung Bank.

Last night, the market was rumored that Hang Lung Bank and Xie Liyuan had a close relationship at that time.

Most importantly, Xie Liyuan Gold Shop officially announced its bankruptcy yesterday.

This immediately attracted the attention of Hong Kong investors and newspaper reporters.

So much so that the front page of the news newspapers now looks like this.

The century-old Xie Liyuan Gold Shop officially announced its bankruptcy!

It is rumored that Hong Kong Hang Lung Bank and Xie Liyuan Gold Shop have a close relationship!

This very attractive news front page immediately attracted the attention of many people.

Regardless of whether this is true or not.

Last night, many investors who had deposits in Hang Lung Bank had gone to various branches of Hang Lung Bank overnight to prepare to line up for withdrawals.

The Chinese banking crisis that broke out in the 1960s is still vivid in the minds of many Hong Kong investors. Now that it has only been less than 20 years, it is very likely that a Chinese banking crisis will break out again in Hong Kong.

In addition, with someone fanning the flames, the depositors of Hang Lung Bank suddenly felt nervous and lined up in front of the branches of Hang Lung Bank to withdraw money, which triggered a bank crisis.

Hang Lung Bank's Kowloon branch.

Since last night, many depositors and ordinary investors who have deposits here have lined up overnight to withdraw money.

In addition, there are a large number of investors holding gold certificates issued by Xie Liyuan Gold Shop, thinking that they can exchange them for cash at Hang Lung Bank, which further triggered the bank run.

More and more investors appeared, almost crowded.

Hang Lung Bank's Kowloon branch had just opened, and these investors rushed in frantically.

"I want to withdraw money."

"I want to withdraw all of it."

. . .

Not long after.

The tens of millions of Hong Kong dollars in cash at the Kowloon branch were immediately taken away by the depositors of Hang Lung Bank.

In addition, the major Hang Lung Bank branches in Hong Kong were also taken away by those investors.

At this time.

Hang Lung Bank headquarters.

General Manager Zhuang Rongkun immediately realized the seriousness of the situation.

In addition to urgently transferring tens of millions of Hong Kong dollars from the Hang Lung Bank head office to the major branches of Hang Lung Bank, he knew that he had to hold a press conference immediately to clarify the matter.

At 14:30 that afternoon.

A press conference was held at the Hang Lung Bank's Central Head Office, which is the headquarters of Hang Lung Bank.

At the press conference, General Manager Zhuang Rongkun looked at the reporters below and said: "Our deposits in Hang Lung Bank are very safe. Apart from that, we have no financial relationship or financial dealings with Xie Liyuan Gold Shop."

Later, the legal adviser proved that Hang Lung had no relationship with Xie Liyuan Gold Shop.

Even so, those reporters were still very interested and asked many related questions.

In the afternoon, after the press conference, there was still a run on the major branches of Hang Lung Bank.

At the end of the day, more than 70 million cash was taken away by depositors and investors from the major branches of Hang Lung Bank.

That night.

Zhuang Rongkun visited the chairman and general manager of major banks in Hong Kong, such as Tsat Bank, and reserved more funds from those banks, almost 700 million Hong Kong dollars.

Naturally, the amount of money was considerable and was immediately sent to various branches of Hang Lung Bank.

Even though Hang Lung Bank had held a press conference that afternoon to clarify that the closure of Xie Liyuan Gold Shop had nothing to do with Hang Lung Bank, and Xie Liyuan Gold Shop had no financial dealings with Hang Lung Bank.

For the depositors and investors of Hang Lung Bank, they don't believe what you say.

That night, there were still many people queuing up to withdraw their remaining deposits the next day.

. . .

On this day, Yang Ming worked at Empire Group.

Not long after he arrived at the chairman's office of Empire Group, Michael came over and said excitedly: "Boss, there is a bank run at Hang Lung Bank."

Michael was so excited because his boss Sir Yang mentioned this to him in July.

It really happened.

This seems to be related to Xie Liyuan Gold Shop.

In fact, there is still a problem with Hang Lung Bank itself.

In addition, even if Zhuang Rongkun of Hang Lung Bank held those press conferences, in Yang Ming's view, it was just real fear.

In fact, Hang Lung itself has long been a big problem.

It has long been a big hole.

The reason why Tada Bank and others helped Zhuang Rongkun and Hang Lung Bank was mainly because they were afraid that the bank run would affect them.

This is like a domino effect. As long as one piece falls, the second piece will soon fall. At this time, the biggest worry is that other banks will also be affected.

"Mallis, act according to the plan."

Yang Ming looked out the window, his face was calm.

Mallis seemed very excited.

Lin Xiuzhi on the side didn't know what was going on, but she found that the boss and Mallis seemed a little different.

Chapter 4!

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