Chapter 1050 Delivered to Your Door by Securities Companies and Banks

Recommended reading for all book friends: The name of the most powerful stock god of rebirth, the foundation of the Ding Shi Zhi Chapter 1050 The securities companies and banks delivered to the door

(..) MacLehose's pupils shrank, and he took a deep look at Xia Yu, who was smiling, and instantly understood Xia Yu's purpose.

Xia Yu's words reminded him that after a quick weighing in his heart, he decided to agree to Xia Yu's request.

He also believed that the financial market in Hong Kong was too chaotic, and the co-existence of the four major stock exchanges limited the development of the financial industry in Hong Kong, so he promoted the merger of the four.

In fact, he is also not satisfied with the people behind the scenes of the four major exchanges arguing with each other for interests, but he has never had a suitable opportunity to warn them.

However, this stock market crash has not only had a huge impact on the listed companies of Heung Kong, but also severely hit the four major exchanges. Now is an excellent opportunity.

However, although the merger of the four institutes was promoted by the Hong Kong government, it still needs to convince the relevant stakeholders if it is to be implemented well.

Therefore, MacLehose said to Xia Yu: "Mr. Xia, the execution of the founding committee of the United Stock Exchange is really poor. If you have a suitable person, please recommend it to me, and I will adjust the relevant personnel."

"But apart from these, the rest is up to you. I believe in your strength, Mr. Xia."

MacLehose's attitude is enough!

Xia Yu smiled and said gratefully, "Mr. Governor, thank you!"

"Please rest assured, most people in Xiangjiang hope to have a good investment environment."

MacLehose said happily: "I am relieved to have Mr. Xia's words."

"Ha ha……"

...

After chatting for a while again, seeing that it was getting late, Xia Yu was about to leave.

"Mr. Governor, it's getting late, so I won't bother you. Next time I have a chance, I'll come back to you for tea."

"Okay, you are welcome anytime!"

The MacLehose couple sent Xia Yu and Li Qian to the door, smiled and waved as Xia Yu's car left.

"I should be able to fall asleep tonight..."

After taking his eyes back, MacLehose was relieved and heaved a long sigh.

These days, the stock market crash and the banking crisis have kept him very busy, and the large number of petitioners who gather at the gate of the Hong Kong government every day, hoping that the Hong Kong government will introduce effective measures to curb the stock market crash, also put him under tremendous pressure.

He was already in his sixties, and his sleep quality was very poor. The enormous pressure these days made him unable to sleep every night.

Now Xia Yu, who surpassed HSBC, the real economic hegemon of Xiangjiang is willing to take action, and he believes that it will definitely be effective.

He suddenly looked forward to what Xia Yu would do...

...

Early the next morning, after going to work, Xia Yu was planning to summon his subordinates to arrange work, but unexpectedly received a call for help from his partner Feng Jingxi.

Because the matters involved were extremely important, after Feng Jingxi learned that Xia Yu had time, he simply said a few words and hung up the phone, intending to visit Xia Yu in person and clarify it with him.

After Xia hung up the phone, he sat in his seat and thought for a moment, then called Liu Tianci and Wang Qi respectively, and asked them about the current situation of Sun Hung Kai Securities and Sun Hung Kai Bank in detail.

Feng Jingxi may have really burned his ass, and he came to Xia Yu's office less than ten minutes after he finished the phone call.

Xia Yu was a little surprised when he saw Feng Jingxi's bloodshot eyes and thin face, but he was relieved considering the current situation Feng Jingxi was facing.

"Mr. Feng, please take a seat! This is freshly brewed tea!"

"thanks!"

Feng Jingxi thanked him, picked up the teacup and took a sip. He seemed to be in a hurry to drink, and even scalded his mouth, Xia Yu watched it all the way.

Seeing that Feng Jingxi was a little embarrassed, Xia Yu took the initiative to ask with a smile, "Mr. Feng, I didn't make it clear on the phone just now. The situation on your side seems to be a little bad now?"

Feng Jingxi shook his face and sighed,

Looking at Xia Yu, he said bitterly: "Mr. Xia, it's all my fault that I run the company too aggressively, which has led to my downfall to this point. Now, I'm in danger of losing myself!"

"One bad, two companies, Sun Hung Kai Bank and Sun Hung Kai Securities, may be overthrown!"

"I've thought about it, and at this point, only you among the partners can save me."

Xia Yu looked solemn and asked, "Mr. Feng, don't worry, I have a lot of things to do. I don't know much about the situation of Sun Hung Kai Bank and Sun Hung Kai Securities. Can you tell me the specific situation first?"

Feng Jingxi nodded and explained his situation: "Mr. Xia, the securities company's funds are basically tied up, the stock market crash was too violent, I didn't have time to deal with it, and many of the companies I bought fell below the The closing line has been reached, but now I can’t close the position even if I want to.”

"Because the securities company has obtained leveraged support from Sun Hung Kai Bank in terms of capital, Sun Hung Kai Bank has suffered huge losses."

"And I was also deceived by Chen Qingsong before. A total of 350 million Hong Kong dollars were lent to Carrian Real Estate Company. Now, with the bankruptcy of the Carrian Group, this loan has suffered serious losses, at least 250 million Hong Kong dollars."

"The most important thing is the withdrawal crisis. Since the outbreak of the withdrawal crisis, depositors have withdrawn more than 300 million Hong Kong dollars in deposits. Now Sun Hung Kai Bank's treasury is in a hurry, and the reserves are now less than 80 million Hong Kong dollars!"

"But now the run-off crisis has not eased at all. The remaining cash of less than 80 million Hong Kong dollars can't support it for long. I can't think of any other way to eliminate the run-off crisis."

"Investors in securities companies have also begun to ask us to get their investment back, and now we can only deal with it hard."

"Mr. Xia, now I'm about to run out of water!"

As Feng Jingxi continued to talk, Xia Yu's brows furrowed.

The situation is even more serious than what Wang Qi and Liu Tianci said!

However, he did not blame Wang Qi and Liu Tianci for their thoughts.

After all, Jiuding Securities Co. only holds 10% of the shares of Sun Hung Kai Securities Co., and has limited knowledge of Sun Hung Kai Securities Co., Ltd.

Although Jiuding Bank holds 30% of the shares of Sun Hung Kai Bank, it has not seized the right to operate the bank. It is normal that they do not know the situation of Sun Hung Kai Bank as well as Feng Jingxi, the chairman and president of the bank.

Having said that, according to the situation described by Feng Jingxi now, both Sun Hung Kai Securities and Sun Hung Kai Bank have suffered serious losses and have a great risk of bankruptcy.

He is capable of helping, and last night he also promised MacLehose not to let the banks above the medium size go bankrupt, but what can he get?

After a thought flashed through his mind, Xia Yu pretended to be in trouble and said to Feng Jingxi: "Mr. Feng, the situation of Sun Hung Kai Securities and Sun Hung Kai Bank is so serious that there is a high risk of bankruptcy. Even if I want to help, it may not work. what!"

Feng Jingxi was in a hurry, he didn't have the heart to analyze Xia Yu's purpose.

Anyway, as long as Xia Yu is willing to help him, otherwise the two companies will go bankrupt and he will have nothing.

He had already thought about it when he came. As long as Xia Yu was willing to help him, he would agree to most of the conditions. After all, how could it be better than the bankruptcy of the two companies?

"Mr. Xia, as long as you are willing to take action, you will definitely be able to help me."

"And I didn't ask you to help me for no reason. I, Feng Jingxi, can't do such a thing!"

Xia Yu's expression changed slightly, he took a sip of the tea cup, and asked casually, "Mr. Feng, what are your plans, you might as well say it directly."

n.

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