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Previously, Li Peicai's family decided to take the Lin family as the core and completely rely on Lin Haoran.

However, less than a month had passed before the Li family went back on their word and regretted their original decision.

The so-called spirit of contract disappears in an instant in the face of interests.

Since the Li family acted in this way, Lin Haoran naturally would not show them any mercy.

He could understand what Li Peicai's family did.

However, understanding does not mean approval.

In this world where the strong prey on the weak, interests are like a huge magnet, attracting countless people to betray their trust.

The Li family naively thought that as long as they stopped cooperating with Lin Haoran, they could stay out of the dispute between Lin Haoran and Huifeng Bank. This was simply wishful thinking!

However, the price of HK$20 per share offered by Lin Haoran made Li Fushu very dissatisfied.

If they lose 5 Hong Kong dollars per share, they will directly lose more than million Hong Kong dollars!

So, Li Fushu refused without even thinking about it.

"Mr. Lin, this is impossible. No matter how low the share price of Bank of East Asia is, it can't be worth only HK$20 per share." Li Fushu said angrily.

Hearing this, Lin Haoran smiled and said, "Mr. Li, I have already given you a chance. I have done my best. Don't say that I, Lin Haoran, don't remember our friendship. In this case, Mr. Li, just sell it on the second-hand market!"

The two parted unhappily.

Since the other party does not agree, Lin Haoran will not force it. Now the initiative is in his hands.

More than 20 million shares, if sold at HK$ per share, can still be sold for nearly HK$ million. If the share price of Bank of East Asia continues to depreciate, he doesn't believe that the other party can hold on to the shares.

After hanging up the phone, Lin Haoran stood up from his chair and looked down at the busy Central streets downstairs.

The deterrent power of Huifeng Bank in the financial industry is really great, so great that even a veteran in the banking industry like Li Fushu dare not confront it!
But so what? Lin Haoran also dared to challenge.

At this moment, Dai Shi, who was sitting at his desk writing a summary, also stopped.

"Mr. Dai, please ask someone to tell the reporters downstairs to get ready. I will be downstairs in ten minutes and have something to tell them." Lin Haoran thought for a moment and said.

"Okay, boss. I'll go right away." Dai Shi said, and then hurriedly left the office.

This group of reporters did not appear here today, but have been here every day in the past few days.

It is said that the situation is the same at the headquarters building of Bank of East Asia, but Li Fushu and other senior executives of Bank of East Asia refused to be interviewed, so many reporters split into two groups, hoping to collect useful information from Lin Haoran.

After all, the huge stock trading volume of Bank of East Asia in recent days and the stock price that has not been able to rise have made everyone wonder what the cause is.

The fact that Bank of East Asia has not come forward to explain has made everyone more and more curious about the matter.

Especially today, the stock market of Bank of East Asia was uncharacteristically active. Someone actually dumped the stock directly, driving the share price back to the price of last Thursday.

Last Thursday, the news of Lin Haoran taking over Bank of East Asia had not yet leaked, and at that time, the stock price of Bank of East Asia was normal.

Now, the whole thing is so confusing that it is impossible to guess what happened during this period.

Ten minutes later, Lin Haoran left the office of Galaxy Securities and took the elevator to the lobby of Kangle Building.

At this moment, there were more than fifty reporters, waiting in an orderly manner with cameras, microphones, or paper and pens, under the maintenance of order by security guards.

When the reporters saw Lin Haoran appear, there was a commotion.

However, with the presence of more than twenty security guards, everyone soon quieted down again.

Lin Haoran looked over and saw that most of the mainstream media in Hong Kong, including Oriental Daily, Hong Kong Securities Daily, and Hong Kong Commercial Daily, had sent representatives.

Although the Oriental Daily is one of Lin Haoran's own people, he had not revealed any information to them in advance.

"Everyone, I know what you want to interview. Let me first state that I have no intention of accepting your interview when I come to see you this time. Here, I mainly want to reveal a few things to you.

First, why did the share price of Bank of East Asia fluctuate like this? Is there any inside information? I can tell you here that this matter has nothing to do with me. You can go and interview Huifeng Bank.
Second, regarding the treasury business of my companies, such as Hong Kong Land Group and Hong Kong Electric Group, as Bank of East Asia is currently in a turbulent period, it is not suitable for me to transfer all the businesses to Bank of East Asia. Therefore, I currently do not have any plans for the transfer of treasury business, so you don’t need to have too much expectations;
Third, after discussing with me, Li Peicai's family decided to withdraw from the management of Bank of East Asia. Although I tried to retain them, I would not force them. So I will gradually let others take over the management of Bank of East Asia.

That’s all I want to say. If you have any questions, you can ask Mr. Shen Bi and Mr. Li Fushu. I won’t say anything else. Goodbye! ”

After Lin Haoran finished speaking, he decisively left the scene.

Dozens of reporters were left staring at each other in bewilderment.

Now, he plans to privatize Bank of East Asia, so how to maximize profits?

The natural thing is to let the share price of Bank of East Asia drop to a low price range, or even collapse.

In this way, he can privatize Bank of East Asia more easily and at a lower cost.

Anyway, the responsibility for this matter cannot be thrown on Lin Haoran. Because, under normal circumstances, he is the biggest victim!

As the dominant bank in the financial industry, Bank of East Asia forced other banks to isolate Bank of East Asia, which violated the principle of fair competition in the financial market.

Li Peicai's family took advantage of the convenience of knowing the news in advance and sold the stocks in advance, which was later considered insider trading or manipulation of the securities market.

Today, the rules of the stock market are not perfect yet. Even if the CSRC imposes punishment, it will not be too much. In addition, Huifeng Bank must have made some promises to the Li family. Therefore, the Li family dared to take advantage of this opportunity to cut a piece of meat from the shareholders in an attempt to get away with it.

So, what does all this have to do with Lin Haoran?

He is the "victim", just like the stock investors, he is a victim!
Bank of East Asia was once a Chinese-owned bank that the Chinese were proud of, but now it is being bullied by Huifeng Bank and other banks. Shouldn't Lin Haoran, the controlling shareholder, be the biggest victim?

Therefore, Lin Haoran is happy with the current situation.

He wanted Li Peicai's family and Huifeng Bank to bear all the blame, but he himself was in a weak position in the financial industry, and the shareholders' losses could not be blamed on him.

It's just a matter of course.

Although Lin Haoran did not say too much, nor did he explain too many things in detail, his words had already allowed everyone to hear a lot of heavy-duty revelations.

Firstly, the Bank of East Asia was hit by a market crash, which may be directly related to Huifeng Bank.

Secondly, since Li Peicai's family is going to completely withdraw from Bank of East Asia, this means that Bank of East Asia has absolutely nothing to do with the Li family.

These two points alone are enough to make someone explode.

There are more detailed inside stories, and everyone wants to know what they are.

However, everyone now knows that this inside information is definitely not good news for Bank of East Asia, but bad news instead.

From Lin Haoran's stern expression just now, which was completely different from the smiling face he usually had when facing reporters in interviews, we can tell something.

This richest man, Mr. Lin, seems to be in big trouble!

So, while they sent people back to the company, they also went to Huifeng Bank.

They never thought that this matter was related to Huifeng Bank.

This was indeed beyond the expectations of all reporters.

Could it be that Bank of East Asia is the culprit behind the sharp drop in Bank of East Asia’s share price?

Kangle Building and Huifeng Bank Building are not far from each other, less than one kilometer away.

Soon, a group of reporters poured into the lobby of Huifeng Bank Building like a tide.

The staff in the lobby were startled by the sudden scene and looked at him in surprise.

Reporters swarmed in, surrounding the front desk and asking all kinds of questions.

“May I ask if the Bank of East Asia is related to the sharp drop in the share price of Bank of East Asia?”

"Did Huifeng Bank reach any agreement with the Li Peicai family? Why did the Li family withdraw from the Bank of East Asia?"

"What is the purpose of Huifeng Bank doing this?"

The front desk staff was confused by the questions and didn't know how to respond for a moment. They could only keep repeating things like "Please wait, I will report to my superiors."

Soon, Shen Bi, who was in the office on the fifth floor, learned that a group of reporters wanted to interview him, and all the questions the reporters wanted to ask reached Shen Bi's ears.

"Hmm? Who revealed this?" Shen Bi murmured.

He had discussed this with almost all the bank bosses in Hong Kong, and most of them were intimidated by the Bank of East Asia and had to agree to work with him to isolate the Bank of East Asia.

Although the heads of a few banking brands did not agree, I think they would not take the initiative to disclose it.

However, he had no plans to meet with these reporters.

He said to his assistant, “Please have someone respond to these reporters and tell them that at 9 a.m. tomorrow, I have sent a news interview invitation letter to their companies regarding the establishment of the Hong Kong Banking Association with major banks in Hong Kong.

All the questions they want to know will be answered at the press conference. Now let them go back and don’t gather in the lobby to disrupt the normal business order of the bank.”

"Okay, Mr. Boss." The assistant respectfully left the office.

After a while, the reporters left the Huifeng Bank building reluctantly.

However, they also already knew what had happened between Bank of East Asia and Huifeng Bank.

The financial community may have known about this, but those outside the circle are the only ones who are kept in the dark. (End of this chapter)