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At this moment, the scene became quiet.

Today, almost all the bigwigs from Hong Kong's financial world are gathered here.

If Li Fushu and the general manager of Citibank's Hong Kong branch also come, it will be an unprecedented event in the Hong Kong financial community. It will be a rare occasion for bigwigs from all walks of life in the financial industry to gather together.

Unfortunately, neither Li Fushu nor the head of Citibank in Hong Kong were present, which brought some regrets to this event.

It goes without saying that Citibank did not send anyone, and the reason why Li Fushu did not show up is actually very simple. Although Huifeng Bank has promised that after Li Fushu establishes a new bank, it will give him the status of a board member.

However, Li Fushu has not yet officially resigned from Bank of East Asia. Now is the transition period of handover. In other words, he still represents Bank of East Asia for the time being.

Therefore, no matter what, it is not appropriate for Li Fushu to be here today.

The Director of the Hong Kong Finance Department slowly stood up, straightened his suit slightly, adjusted the position of the microphone, and spoke in a solemn and British gentlemanly tone: "Ladies and gentlemen, friends from the media, good morning. Today, we gather here to witness a moment of extraordinary significance. The Hong Kong Bankers Association is officially established.

The financial industry is the lifeblood of Hong Kong's economy and has also brought endless prosperity and opportunities to Hong Kong. The establishment of the Banking Association is of great significance.

It will serve as a key platform for internal communication, cooperation and self-regulation in the banking industry. By standardizing market operations and improving service standards, it will surely contribute to the stability and prosperity of Hong Kong's financial sector.

Here, on my own behalf, I would like to express my warmest congratulations on the establishment of the Hong Kong Banks Association. I also sincerely hope that all parties will work together to push Hong Kong's financial industry towards new glory.

Next, the scene was handed over to Mr. Shen Bi to preside over. As the president of the Hong Kong Bankers Association, Mr. Shen Bi will lead the Hong Kong banking industry to embark on a new journey. "After speaking, he bowed slightly, and the scene immediately rang out polite and warm applause.

At this time, Shen Bi also stood up from his seat and shook hands with the Director of the Hong Kong Finance Department.

What surprised everyone at the scene was that after the two of them chatted for a few words away from the microphone, the Director of the Hong Kong Finance Department waved to everyone and actually left his seat and left the press conference.

If Lin Haoran was present at the scene, he would have guessed that the reason why the other party left after speaking a few words was because he deliberately avoided the interview session and was also avoiding Huifeng Bank's declaration of war on Bank of East Asia.

Although Mai Lihao did not come, the identity of the Director of the Financial Department is too special.

And next, Shen Bi will directly sound the clarion call to "declare war" on the Bank of East Asia.

Huifeng Bank has always regarded itself as the overlord of the financial industry. At the founding ceremony of the Hong Kong Banking Association, it has confirmed that it will join other banks to suppress Bank of East Asia, which is undoubtedly a blatant violation of the principle of fair competition in the financial market.

In the special environment of Hong Kong today, the British have always been regarded as first-class citizens and superior to others.

The Chinese, on the other hand, became second-class citizens. It had long been an open secret that the colonial government favored foreigners, and everyone had become accustomed to it.

However, if the Director of the Finance Department continues to stay at the scene, he will definitely be surrounded and interviewed by reporters.

Once a reporter raises those controversial and sharp questions, such as whether the government supports the major banks in Hong Kong to unite to deal with the Bank of East Asia?

Faced with this kind of problem, the Director of the Finance Department will inevitably be caught in a dilemma and find it difficult to give an answer that satisfies all parties.

Therefore, in his speech just now, the Director of the Financial Services Department specifically emphasized that his attendance this time only represented his personal position, not on behalf of the Financial Services Department, let alone the Governor's Office.

Choosing to leave early at this moment can cleverly avoid the reporters' barrage of questions.

Obviously, this director is also a veteran in the officialdom and naturally knows how to deal with this situation.

Although there is a suspicion of being a whore and a virtuous woman at the same time, in this complex political game, maintaining a balance between superficial decency and actual interests is a profound art for these officials.

Anyone who can become a high-ranking official in the Governor's Office is naturally not a simple person.

Shen Bi gave his speech only after the Director of Finance left.

Now, this place has become his home ground.

After all, as the president of the Hong Kong Bankers Association, and with the absolute dominance of the Hong Kong financial industry under the Hui Feng Bank, although it appears to be a guild, it has actually become an alliance-like group that is formed by cliques and factions and is headed by him.

With this identity, the position of their Huifeng Bank in Hong Kong will become more stable and unshakable.

It is undeniable that Lin Haoran's influence in Hong Kong's business community is indeed not small. But if the scope is narrowed to the financial industry, in Shen Bi's view, Lin Haoran is undoubtedly just a rookie who has just started out and needs to be tempered.

Although Lin Haoran has achieved remarkable results in many fields with his keen business sense and decisive decision-making ability, he still needs time and experience to accumulate his own foundation and influence in the capital-intensive and complex-rules battlefield of the financial industry.

And now, Huifeng Bank has laid out its chess game in advance, preparing to use the power of the Hong Kong Banking Association to further consolidate its financial hegemony, while at the same time forming a siege on the Bank of East Asia, leaving the Bank of East Asia with no foothold in Hong Kong!
“Dear colleagues, the establishment of the Hong Kong Bankers Association today is undoubtedly an important sign that the Hong Kong banking industry is moving towards a new height. As the Chairman of the Board of Directors of Huifeng Bank, I am very pleased to see that our colleagues in the Hong Kong banking industry are so united.

I'm sure you've noticed that Bank of East Asia did not appear at today's event. The reason is that in recent years, Bank of East Asia has repeatedly deviated from the industry's established norms in its business strategies, and even in some business operations, it has shown signs of violating regulations, which not only harms the vital interests of customers, but also lays hidden dangers to the overall stability of Hong Kong's financial market."

Shen Bi looked solemn, and his words seemed to have solid evidence, but in fact they were empty talk. Those so-called "crimes" were all fabricated by him, and there was naturally no evidence.

He paused for a moment, looked around the audience, and continued: "We all know that a sound and orderly financial market cannot be separated from the self-discipline and compliance with the rules of each participant.

However, what Bank of East Asia is doing now is undoubtedly trampling on the bottom line of this industry. As the president of the Hong Kong Banking Association, I feel deeply the weight of responsibility on my shoulders and have to stand up and call for the long-term and healthy development of the industry.

Here, I would like to make it clear that the Hong Kong Banking Association will never allow a bank like Bank of East Asia, which has potential violations, to become a member of our big family. This is why you don’t see Bank of East Asia here.”

Isolating the Bank of East Asia is nothing more than a false excuse.

As for the evidence? They are not the police station or the court, so they don't care about any evidence.

As soon as Shen Bi finished speaking, the reporters at the scene were in an uproar.

Is Bank of East Asia violating regulations? Is it harming the interests of its customers?

Everyone knows that the reputation of Bank of East Asia in Hong Kong is very good; otherwise, how could it become the leader among Chinese banks!
Being able to occupy a certain market share in Hong Kong, a city with a developed financial industry, is enough to show that Bank of East Asia is worthy of recognition from the citizens of Hong Kong.

But what Shen Bi said at this moment seemed meaningful and thought-provoking.

Hasn’t Lin Haoran always had a good relationship with Huifeng Bank?
In fact, everyone knows that Lin Haoran became a shareholder and board member of Huifeng Bank at the beginning of last year. Now, Lin Haoran’s Bank of East Asia is being confronted by Shen Bi. What is going on?
Some reporters keenly caught the hidden "gunpowder smell" in it, and speculated among themselves that a fierce game in the financial world might be brewing behind this establishment ceremony.

Combined with what Lin Haoran said to reporters the day before.

At this moment, everyone knew that this was clearly a signal of intensified conflict between Huifeng Bank and Lin Haoran. Bank of East Asia was only dragged into it because of Lin Haoran. Obviously, a fierce battle in the financial field had already begun.

No wonder the share price of Bank of East Asia has been rising in the past few days but then plummeted. It turns out that there are so many undercurrents and conflicts of interest.

Some reporters wanted to ask questions, but Shen Bi did not give them the chance. Instead, he made a gesture to ask everyone to be quiet, and then continued speaking.

“Here, as the president of the Hong Kong Bankers Association, I would like to formally announce one thing: from now on, all Hong Kong customers must choose between the member banks of the Hong Kong Bankers Association and Bank of East Asia.

In other words, if customers want to continue doing business with these banks in the Hong Kong Banking Association, they must stop any transactions with Bank of East Asia. Otherwise, once they are found out, they will be blacklisted by the Hong Kong Banking Association for life, and all member banks will refuse to provide them with any financial services! "

Shen Bi's voice echoed in the meeting hall with unquestionable firmness.

As soon as these words were spoken, the scene exploded instantly.

This move is too cruel.

Reporters raised their hands one after another, like a group of sharks smelling blood, eager to ask questions.

Some financial company bosses or representatives who were unaware of the inside story also looked shocked and started whispering to each other. They did not expect Shen Bi to be so determined to use such a "trump card".

Financial companies are those companies that cannot obtain a banking license, so they are not qualified to become members of the Hong Kong Banking Association. They were invited here only to participate as guests.

"Mr. Shen Bi, is your decision too overbearing? Will this "choose one or the other" approach undermine the free competition environment in Hong Kong's financial market?" A young and energetic reporter stood up first and asked loudly.

This reporter is from Oriental Daily. Since his boss was being targeted, he naturally had to stand up for him.

Shen Bi glanced at the reporter with a cold gaze and said slowly, "This is to maintain the stability and fairness of Hong Kong's financial market. The irregular behavior of Bank of East Asia has posed a potential threat to the market.

We do this to protect the interests of our customers and to ensure the healthy development of the entire industry. When the market order is challenged, necessary measures are necessary. " (End of this chapter)