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Chapter 608: The Li Family Rejects Huifeng Bank’s Proposal

Max knew the truth in his heart, but he could never admit it.

He watched the stock investors gradually disperse and secretly breathed a sigh of relief, but the gloom on his face did not completely disappear.

"Huifeng Bank, Huifeng Bank, if you want to do these things, I can pretend not to see them, but you can't ask me to clean up your mess!"

Thinking of this, Mai Si decided to give Shen Bi a call.

Because in the past few days, many major shareholders or market makers who knew the inside information in advance sold the shares of Bank of East Asia in advance, causing many small shareholders to become the bag holders.

Therefore, there are too many shareholders involved in this matter, which has led to such a difficult situation today.

At the Kangle Building, he watched thousands of people gradually dispersed under the police's drive, and he returned to his office.

"Boss, there are quite a lot of orders this afternoon. If you buy them directly, you can increase your holdings quickly, and the cost price is also HK$5 per share. But why don't you plan to buy them?" Ma Shimin also came to his office and asked curiously.

Lin Haoran wanted to privatize the Bank of East Asia. As his most trusted general, Ma Shimin was naturally aware of this matter.

Therefore, in Ma Shimin's view, this afternoon was definitely a good time to privatize Bank of East Asia.

According to statistics, near the closing time, the number of orders for Bank of East Asia stocks below HK$20 per share even exceeded million shares, accounting for more than %!
Once Lin Haoran acquires all these stocks, plus his own, and acquires the nearly 80 million shares remaining from Li Peicai's family, he will be able to quickly increase his holdings to more than %.

At that point, he can apply for compulsory privatization.

However, Lin Haoran shook his head.

"Mr. Ma, I can't do this. Once I do this, my purpose will be too strong. At that time, everyone will think that I planned this secretly. Then how will so many shareholders view me?" Lin Haoran shook his head and said.

Privatizing the Bank of East Asia was his next plan, but he did not want to proceed in such an overly conspicuous and controversial manner.

Looking at the angry expressions of these stock investors gathered outside the CSRC building, you can tell how unwilling they are in their hearts.

After all, no one could accept that the stocks they held had lost so much money in just a few days.

This can almost be described as a complete loss of all the money.

If he started to privatize Bank of East Asia at this time, everyone would definitely think that he deliberately watched the share price of Bank of East Asia plummet, and then took the opportunity to acquire it at a low price, confirming his reputation of "malicious harvesting".

By then, not only will the privatization be successfully completed, but even his existing business reputation will probably be ruined.

Although he does not attach great importance to fame, this place is Hong Kong after all. His business roots and base are rooted here. Naturally, he does not want his reputation in this land to become too bad.

Now, he is clearly the undoubted victim in this incident. How could he be so foolish as to step forward and take the blame and bear the heinous infamy for Huifeng Bank?
To be honest, given the current situation of Bank of East Asia, if he does not come forward to save it, Bank of East Asia will have no chance of turning around.

Therefore, it is impossible for Bank of East Asia’s share price to rise again!

Therefore, Lin Haoran was not in a hurry to privatize Bank of East Asia.

Although Bank of East Asia is facing considerable difficulties now, customers are queuing up to withdraw nearly 3 billion Hong Kong dollars, and it will take several days to withdraw all of them.

During these few days, he only needs to ensure that the Bank of East Asia provides good service.

As for what to do after all the cash has been withdrawn, he will naturally have a plan for the next step by then.

Ma Shimin was not a fool. After hearing what Lin Haoran said, he understood Lin Haoran's thoughts.

……

"Mr. Shen Bi, I'm sorry for your advance cooperation. Our Li family has no intention of participating. In addition, we haven't started to establish a new bank yet, so the demand for employees is not large. But don't worry, on behalf of the Li Peicai family, I can assure you that I will not disclose what you said to anyone!"

When Shen Bi met with Li Fushu and told him about their plan to join forces with the Li family to poach people, what Shen Bi did not expect was that Li Fushu refused without even thinking!

Li Fushu really wanted those employees of the Bank of East Asia. After all, these were the talent system built by their Li family, which had consumed countless efforts and resources of the Li family.

But Li Fushu knew in his heart that the methods used by Huifeng Bank in the Bank of East Asia incident were not honorable. Once involved, the Li family would most likely be stuck in a quagmire from which it would be difficult to extricate themselves.

What the Li Peicai family wants now is to remain neutral and stay out of this increasingly chaotic and risky financial storm.

To put it bluntly, the Li Peicai family cannot afford to offend Huifeng Bank, and the Li family cannot afford to offend Lin Haoran either!

What's more, they had already promised Lin Haoran that they would only take away those thirty or so confidants.

If they were to join hands with Shen Bi again to poach talents from the Bank of East Asia, then the Li Peicai family would be directly tearing up the subtle tacit understanding and potential commitment between them and Lin Haoran, which would undoubtedly put the Li Peicai family in a dangerous situation of making enemies on both sides.

Although Lin Haoran is not as good as Huifeng Bank in the financial industry, it does not change his status as a giant in Hong Kong's business world, nor does it change his status as the richest man in Hong Kong. Once someone is poached, it cannot be hidden, and sooner or later Lin Haoran will know about it.

Now, although Lin Haoran was unhappy because of the breaking of the alliance and withdrawal from the Bank of East Asia, the relationship between the two parties has only changed from alliances to strangers. At least their Li family has not completely become Lin Haoran's enemy.

But once Li Fushu agrees to cooperate with Shen Bi, he will become the mortal enemy of Lin Haoran and he will not be able to escape.

So, Li Fushu refused without even thinking about it.

In his opinion, once Bank of East Asia is forced to do so by the joint efforts of Bank of East Asia and other banks, the number of its branches will soon decrease due to the sharp drop in business volume.

By then, many employees will be laid off.

The Li family also has a certain influence on these employees. Once the Li Peicai family re-establishes a bank, these laid-off employees are very likely to come and join the family on their own initiative because of their past friendship and the reputation accumulated by the Li family.

In this way, he could avoid a direct conflict with Lin Haoran at the moment, and also attract talents in a more stable way and expand the family's financial empire again.

Why would they risk completely offending Lin Haoran by cooperating with Huifeng Bank and doing something that might bring disaster upon themselves?
Li Fushu's decisive refusal really surprised Shen Bi.

Originally, when he came here, he thought it should not be difficult to convince the other party about this matter.

But now it seems that the other party doesn't give you any chance to continue the conversation!

Shen Bi's face looked a little ugly.

However, he knew that he could not offend the other party too much, otherwise if Li Fushu changed his mind and went back to continue to work with Lin Haoran, then not only would he fail to complete his plan this time, but Huifeng Bank would be put into a more passive situation.

Shen Bi suppressed his unhappiness and forced a smile that was uglier than crying. He said, "Mr. Li, since the Li family has no intention of cooperating at the moment, I will naturally not force it. Since the cooperation is not possible, I will leave first. There are still many things waiting for me to deal with in the company."

"Mr. Shen Bi, please take care. We'll talk again when we have time!" Li Fushu waved and said with a smile.

After Shen Bi left, the smile on Li Fushu's face disappeared.

"The idea of ​​these Huifeng Banks is good. Once we assist them, the personnel system of Bank of East Asia will surely collapse faster. Unfortunately, I never had this idea from the beginning to the end. If I wanted to poach, why would I cooperate with your Huifeng Bank?" Li Fushu murmured.

Shen Bi left, but their plan could not be carried out perfectly because of Li Fushu's refusal.

However, when it comes to poaching people, they also have their own channels and alternative plans, which does not mean they have to rely entirely on the Li family.

Soon, at night, people began to contact the experienced and capable employees of Bank of East Asia.

This operation is extremely secretive.

With its powerful intelligence agency, Huifeng Bank easily obtained the personnel information of Bank of East Asia.

In the blink of an eye, it was the weekend.

Today, Lin Haoran did not go out, even though the whole of Hong Kong was in an uproar because of the Bank of East Asia incident.

People were talking about the matter in the streets, teahouses and taverns, and the topics all revolved around how Huifeng Bank and other banks forced citizens to choose between two options, how the share price of Bank of East Asia plummeted, how customers of Bank of East Asia lined up to withdraw cash and there was a run on the bank, and how small shareholders lost all their money.

Who would have thought that the Bank of East Asia, which has been established in Hong Kong for many years, would encounter such a thing.

Today is the weekend and all branches of Bank of East Asia are closed, which gives Bank of East Asia some breathing space.

According to Dashan's report, Bank of East Asia originally had HK$29.3 billion in book funds, but nearly HK$4 million was withdrawn throughout the day yesterday.

In other words, even at yesterday's rate, the nearly HK$30 billion in reserve cash can only last for about a week.

If the cash withdrawal wave continues and accelerates on next week's working days, Bank of East Asia may soon face the desperate situation of a broken capital chain.

Lin Haoran was eating breakfast while reading the newspaper.

He knew everything that was reported in the newspapers, but he had a different feeling when he read it himself.

Most newspapers are generally pessimistic about the future prospects of Bank of East Asia.

The Oriental Daily did not report on this aspect, but everyone knows that Lin Haoran is the owner of the Oriental Daily. Therefore, even if the Oriental Daily praised the future of Bank of East Asia, no one would believe it.

At this moment, Lin Haoran's mobile phone rang. (End of this chapter)

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