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In the short term, it is definitely impossible for Bank of East Asia to threaten the position of Huifeng Bank.

But what about the long term?

No one knows what will happen in the future.

Huifeng Bank wants to nip this potential threat in the bud!
After all, what Huifeng Bank is really afraid of is not the Bank of East Asia itself, but Lin Haoran who stands behind it.

Lin Haoran is like a "spoiler" with enormous power in the financial market. Every decision and action of his may trigger a chain reaction in the financial market and completely change the existing competitive landscape.

In addition, the stock price has plummeted due to Bank of East Asia.

Based on the above concerns, Huifeng Bank would never sit idly by and allow Bank of East Asia to grow and develop under the leadership of Lin Haoran.

They must take the initiative and adopt a series of strong measures to maintain their dominant position in Hong Kong's financial market.

Once Pu Weishi's plan succeeds, this threat will no longer exist.

Moreover, after this incident, Huifeng Bank's share price will continue to rise, which will be a good explanation to the shareholders.

The conference room was so quiet that one could hear everyone's breathing, and everyone was thinking about Pu Weishi's words.

In this extremely depressing silence, suddenly, with a "pop", a crisp applause broke the silence, like throwing a stone into a calm lake, causing ripples.

The applause came from Shen Bi, the boss of Huifeng Bank.

He clapped his hands vigorously, his eyes full of appreciation and recognition, a gratified smile on his face, and when he looked at Pu Weishi, his eyes showed satisfaction with the growth of this successor, and confidence in the feasibility of the plan.

Shen Bi's applause was like a clarion call for a charge.

Then, in the entire conference room, more than a dozen hands rose up like mushrooms after rain, and applause rang out instantly, and every applause was filled with everyone's high recognition of the method proposed by Pu Weishi.

This method is definitely vicious, but for Huifeng Bank, as long as it is beneficial to the interests and long-term development of Huifeng Bank, it is worth going all out.

After all, the financial market has always been a battlefield where the strong prey on the weak and there is no room for mercy.

The business world is cruel. The reason why Huifeng Bank has been able to get to where it is today is because of its decisive and ruthless actions in every crisis and its unscrupulous fighting in every competition.

In the past years, many competitors have attempted to challenge the dominant position of Huifeng Bank, but ultimately they all failed in this smokeless battlefield and became footnotes in the glorious history of Huifeng Bank.

Now, facing the potential huge threat of Lin Haoran behind the Bank of East Asia, how could they be merciful?

Shen Bi raised his hand slightly, signaling everyone to stop applauding, and the meeting room instantly became quiet again.

He cleared his throat and said, "The plan proposed by Mr. Pu Weishi is indeed far-sighted and to the point!
Hang Seng Bank is a holding subsidiary of our Huifeng. Although we have previously upheld respect and trust and promised not to interfere with Mr. Ho Sin Hang's management autonomy of Hang Seng Bank on a daily basis.

But now we are facing a powerful enemy, and the issue concerns the foundation of the hegemony of Huifeng Bank in the Hong Kong financial market. At such a critical moment, he must abandon all concerns, stand by us unconditionally, and fully support our actions. "

He paused, took a sip of the coffee on the table, and continued, "As for Standard Chartered Bank, it is also a financial giant with British background and has a deep interest bond with us.

From what I know about them, they will definitely not sit idly by and watch the rise of Bank of East Asia threaten their position in Hong Kong. Therefore, as long as we explain the pros and cons and the principle of "the lips and the teeth are cold", we will be able to convince Standard Chartered Bank to join hands with us to jointly deal with this crisis."

"As for the major banks in Hong Kong, such as Hang Lung Bank, Ka Wah Bank, Wing Lung Bank, Chase Bank, American Express Bank, etc., although there are both Chinese banks and American banks, most of them are limited in scale and their foundation in the Hong Kong financial market is not solid.

If they are sensible and willing to stand on the same front with us, then everyone will be happy;
However, if there are banks that refuse to repent and try to stay out of the matter, or even collude with Bank of East Asia, then we, the Bank of East Asia, will never show mercy.

With our deep foundation and strong strength in the Hong Kong financial industry, we are fully capable of forcing them out of the Hong Kong market through a series of precise and sharp business means, or even directly causing them to go bankrupt and liquidate.

These banks must also know the consequences of choosing not to support our Huifeng Bank!

By then, let's see who dares to go against our will and not support our actions!" His tone was filled with unquestionable arrogance.

The Bank of Hong Kong is so domineering. This is the confidence and majesty they have accumulated over more than a hundred years of hard work and bloody battles in Hong Kong, the financial hotbed of Hong Kong.

From initially taking root under the protection of British capital, to later relying on shrewd business strategies and bold competitive means to gain a firm foothold and dominate the Hong Kong financial world, they have come all the way, stepping on the "corpses" of countless competitors, and holding absolute voice in the Hong Kong financial market.

Shen Bi stood up, placed his hands on the conference table, leaned forward slightly, and looked at everyone, and continued: "Everyone, in the past, we were able to call the shots in the Hong Kong financial market because of this decisiveness and ruthlessness.

Now, Lin Haoran is trying to break this long-standing pattern with the Bank of East Asia. How can we allow him to do so? "

Shen Bi's words had basically confirmed the matter.

Their Huifeng Bank may not be able to do anything to Lin Haoran in other industries, but the financial industry is the absolute field for their Huifeng Bank where they are proficient and have deep roots. It is their "private territory" and "trump card" that has been honed after a hundred years of ups and downs.

Here, they possess unparalleled resources, connections and experience, and will never allow any external forces to challenge their authority.

Even if Lin Haoran is recognized as the richest man in Hong Kong today, it is not allowed!
They have absolute confidence in their strength in Hong Kong's financial industry.

Just when everyone thought that the matter had been settled, Pu Weishi spoke again.

"Mr. Shen Bi and colleagues, I haven't finished speaking." He stood up and said with a smile.

Seeing that everyone agreed with the plan he proposed, Pu Weishi was naturally happy in his heart. This meant that his position as successor was further consolidated.

Without any achievements, how can other senior executives be convinced even with the training of Mr. Shen Bi?
And now this kind of situation is obviously the best time for him to conquer everyone and also the best time to gain merit.

Suddenly, everyone's eyes were focused on Pu Weishi again.

Even Shen Bi looked at Pu Weishi with curiosity, expecting what other good ideas he might have.

Pu Weishi paused and continued, "We all know that the most important reason for Bank of East Asia to develop to its current level is the Li family, especially Mr. Li Fushu. His contribution to Bank of East Asia is naturally not small. They are also one of the cornerstones of the stable operation of Bank of East Asia.

The Li family has deep connections and extensive resources in the Hong Kong business community. Over the years, they have made great contributions to helping Bank of East Asia expand its business and establish its reputation. Now that Bank of East Asia is trying to rise under the leadership of Lin Haoran, the role played by the Li family cannot be underestimated.

If we simply target the Bank of East Asia and Lin Haoran, and ignore the key factor of the Li family, it will be difficult to completely eliminate the hidden dangers. If the Li family has a way to deal with this matter, it will also cause us a lot of trouble. "

Pu Weishi's words made many people present nod their heads frequently.

As a Chinese bank with a long history, Bank of East Asia has naturally had many business frictions and competitive confrontations with Huifeng Bank over the years. However, under the management of the Li family, Bank of East Asia has always stood firm. The key naturally lies in the Li Peicai family.

Failure to deal with the Li family would be like burying a time bomb at the foundation that could explode at any time, causing fatal interference to Huifeng Bank's plans.

Shen Bi narrowed his eyes slightly, with a thoughtful gleam in his eyes. He tapped the table lightly, motioning Pu Weishi to continue.

Pu Weishi cleared his throat and continued confidently: "We might as well take a two-pronged approach. On the one hand, as mentioned before, we can take advantage of the opportunity of establishing the Hong Kong Banking Association to unite with other banks to isolate the Bank of East Asia, so that users can choose between the two, thereby causing the Bank of East Asia to lose a large number of customers.

At the same time, they created public opinion pressure in the financial market, implying the serious consequences of Bank of East Asia losing the market after the "two-choice" policy was adopted, triggering a crisis of confidence in Bank of East Asia among investors, prompting a rapid outflow of funds from Bank of East Asia, and causing Bank of East Asia to lose its potential for future development.

He paused, glanced around, and seeing that everyone was listening attentively, he continued: "On the other hand, we have to adopt a strategy of division and disintegration against the Li family, that is, to completely destroy the alliance between the Li family and Lin Haoran, or even to make the Li Peicai family completely withdraw from the Bank of East Asia!
We have previously investigated that the reason why Lin Haoran was able to become the absolute controlling shareholder of Bank of East Asia was that he had started planning for it a long time ago. In other words, the Li family was not aware of the plan when it was made before, so the Li family definitely had complaints against Lin Haoran before.

Afterwards, Lin Haoran used various benefits and finally persuaded the Li family to give up their absolute controlling rights in Bank of East Asia, and finally succeeded in taking over Bank of East Asia. Everyone present should be very clear about this.

The reason why the Li family agreed to Lin Haoran and finally gave up the controlling rights, and even used financing methods to allow Lin Haoran to directly increase the equity to 51%. The most crucial thing here is that Lin Haoran promised the Li family many benefits!

Under normal circumstances, if we do not target Bank of East Asia, the future development of Bank of East Asia will be very good. According to the Li family's original expectations, with the help of Lin Haoran's capital strength, Bank of East Asia will not only be able to further consolidate its leading position among Chinese banks.

It may even break the long-term monopoly of British banks in Hong Kong's financial market and bring the Li family more substantial economic returns and higher social prestige. This is also the most critical reason why they finally agreed to Lin Haoran's taking over the Bank of East Asia!

But now, due to the intervention of our Huifeng Bank, the future prospects of Bank of East Asia will definitely take a sharp turn for the worse. I think the Li family will have to re-examine the consequences of this decision. " (End of this chapter)