In Hong Kong, we build a global business empire

Chapter 616 This is an open conspiracy!

When Huifeng Bank tried to destroy Bank of East Asia, Lin Haoran actually became their mortal enemy.

If other people offend Huifeng Bank, they will naturally have no choice but to admit their mistakes.

After all, Huifeng Bank has long been famous for its tyranny in Hong Kong, and it will never show mercy to those who dare to touch its reverse scale.

It has a set of mature and ruthless means of retaliation. First, it uses its voice in the financial system to cut off the opponent's capital chain, leaving the opponent struggling in the predicament of capital turnover;

Then, through the manipulation of media opinion, they spread negative news that is unfavorable to their opponents and trample their reputations underfoot;
Finally, when the opponent is on the verge of collapse, launch a full-scale acquisition offensive, take over the opponent's company or business, and complete a bloody capital plunder.

But Lin Haoran is different. With his current status in Hong Kong's business community and his secret international layout, he has no need to be afraid of Huifeng Bank.

This time, it was Huifeng Bank that took the initiative to instigate the business war. If Lin Haoran did not fight back, he would be too cowardly.

Previously, Lin Haoran had been tolerant because he had not yet privatized the Bank of East Asia and was naturally unwilling to pay too much.

The withdrawal of Li Peicai's family gave him a great opportunity to privatize Bank of East Asia, but in order to prevent being kidnapped by public opinion, he chose not to take the initiative.

But now, at the "request" of Governor MacLehose, he "had to" privatize the Bank of East Asia, so the matter was settled.

Therefore, he can now launch a full-scale counterattack against Huifeng Bank without holding back.

Just when everyone was shocked by Lin Haoran's counterattack, Lin Haoran did not stop.

"Everyone should still remember the run on Hengsheng Bank in 1965. I believe everyone is also clear about the final result. Yes, Hengsheng Bank was eventually forced to be acquired by Huifeng Bank. This bank, which was once the largest Chinese bank in Hong Kong, was taken over by Huifeng Bank.

I, Lin Haoran, did not experience the whole process, so I will not say much about it, but when I was reading old newspapers, I saw a comment like this: A bank that has grown so rapidly, is good at management, provides loyal services and has a great reputation has been harmed by rumors, causing all knowledgeable people in Hong Kong to lament and lament over it!

Today, the crisis faced by Bank of East Asia is very similar to that of Hengsheng Bank, and even more serious. If I do not inject capital into Bank of East Asia, there will be only two outcomes for Bank of East Asia: one is to declare bankruptcy and be taken over by the government, and the other is to be acquired by other banks! "

His words were spread throughout Hong Kong through Hong Kong's two major television stations. Citizens who were watching the live broadcast at the moment could not help but recall the bank run that occurred more than ten years ago.

The acquisition of Hang Seng Bank by HSBC Bank is definitely a regret for many Chinese.

After all, if Hang Seng Bank had continued to develop step by step, it would not be impossible for it to catch up with HSBC Bank in the future.

However, just when Hang Seng Bank was developing at its peak, it was inexplicably defeated by despicable means, which became a sad episode in the financial history of Hong Kong.

Now that Bank of East Asia is facing a similar desperate situation, the sensitive strings in the hearts of the citizens have been deeply touched. They have become more worried about the fate of Bank of East Asia and more indignant about the actions of Huifeng Bank.

Hang Seng Bank, Headquarters, Chairman's Office.

Watching the old events mentioned by Lin Haoran on TV, He Shanheng, who was in his eighties, trembled slightly. Complex emotions flashed in his cloudy eyes, including memories and heartache.

At that time, the Heng Seng Bank, which had been painstakingly run for nearly 30 years, was destroyed. This became a lifelong regret for the founders of Heng Seng Bank, including Ho Sin Hang. Ho Sin Hang even cried for two nights because of this!
Although after the acquisition, Bank of East Asia still handed over the management rights of Hang Seng Bank to Ho Sin Hang, but in fact his identity had changed completely. He was originally the boss, but eventually became a professional manager. The difference between the two is naturally worlds apart.

On the surface, Ho Sin Hang is still in charge of the overall situation at Hang Seng Bank, but behind every decision and every strategic deployment, it seems that there is an invisible giant hand of Hui Feng Bank controlling it.

He is like a puppet, seemingly standing in the center of the stage in a glorious manner, but in fact he has long lost his real autonomy.

Countless times, he sat alone in his office in the dead of night, looking out the window at the prosperous yet unfamiliar night view of Hong Kong, recalling the former glory and freedom of Hang Seng Bank, and tears often blurred his eyes.

Now, the past that Lin Haoran mentioned was like a sharp knife, once again piercing his already broken heart.

Before this, Lin Haoran had worked with him before, and Lin Wanan and He Shanheng were also friends. Therefore, He Shanheng liked Lin Haoran, a young businessman, from the bottom of his heart.

Having experienced being forced into a desperate situation by British financial groups, he is very happy to see the rise of Chinese entrepreneurs.

He also understood that the crisis that Bank of East Asia was facing at this moment was a repeat of the tragedy that happened to Hang Seng Bank.

The 81-year-old was suddenly a little conflicted. He did not want to watch another excellent Chinese bank repeat the same mistakes, but as the chairman of Hengsheng Bank, he did not know how to choose between his position and morality.

Once he expressed support for the Bank of East Asia, the consequences would be obvious: Huifeng Bank would be furious.

How could they tolerate such an act of "treason" by Ho Sin Hang? They would certainly take retaliatory measures quickly, and the most direct way would be to drive Ho Sin Hang out of office.

When Huifeng Bank took over Hengsheng Bank that year, it eventually acquired 51% of the shares.

More than a decade later, in order to further control Hengsheng Bank, Huifeng Bank took action again in 1978, and its equity had gradually increased from 51% to 61%!

Therefore, today's Hengsheng Bank is a wholly-controlled subsidiary of Huifeng Bank. No matter how great He Shanheng's influence in Hengsheng Bank is, under the iron fist of Huifeng Bank's absolute control, it is just a small boat struggling in the turbulent waves.

Huifeng Bank could easily remove him from the position to which he had devoted his entire life with just a board resolution.

He Shanheng knows this very well. His skinny fingers gently stroke the yellowed group photo taken when Hengsheng Bank was founded on his desk. The partners in the photo are full of vigor and vitality. He, Lin Bingyan, Liang Zhiwei and other five founders are imagining the future of Hengsheng Bank.

Those were his best memories, but now everything has changed. Although he is still in Hengsheng Bank, the company no longer belongs to them.

His eyes were sometimes firm, sometimes confused, and his inner conflicts were tangled like a tangled mess.

"Oh!" A sigh expressed his current helplessness and vicissitudes.

He really wanted to help Lin Haoran and was unwilling to see the Bank of East Asia, a Chinese bank, go bankrupt under the suppression of Huifeng Bank. However, he had many concerns and was treading on thin ice with every step.

He Shanheng slowly stood up, walked to the window, and looked out at the bustling Hong Kong with its tall buildings, but his thoughts drifted to the distant past.

"Perhaps, since I can't openly help Lin Haoran, I can give him some advice in private."

Thinking of this, He Shanheng decided to meet Lin Haoran in person later. In any case, he didn't want Bank of East Asia to follow the old path of Hengsheng Bank.

Having worked in Hong Kong's financial industry for his entire life, he was well aware of the dominance and strength of Huifeng Bank in the Hong Kong financial industry. He did not think that Lin Haoran could win this business war.

However, at the headquarters of Huifeng Bank not far from the headquarters of Hengsheng Bank, the atmosphere on the scene was completely different from the solemnity of the chairman's office of Hang Seng Bank. It was filled with an atmosphere of anger and arrogance.

Lin Haoran announced the despicable tactics used by Huifeng Bank in recent times in front of the whole of Hong Kong, and there was solid evidence. This was undoubtedly a slap in the face of Huifeng Bank and completely angered all the senior executives of Huifeng Bank.

The atmosphere in the entire conference room was so depressing that it made people feel breathless.

The huge crystal chandelier cast a cold light, reflecting on the gloomy faces.

Shen Bi stood up and walked back and forth, his face full of anger.

If Huifeng Bank does not speak out, its prestige in the Hong Kong financial community and even the entire public opinion field will be greatly reduced.

"Mr. Shen Bi, no matter what, we just have to deny it. I don't think the Governor's Office will watch our Huifeng Bank being swept up in this public opinion storm. After all, our Huifeng Bank has close ties with the Governor's Office and the United Kingdom at the economic and political levels." Although Bao John was also angry, he suddenly seemed very calm.

Shen Bi gradually calmed down. He nodded and said to Bao John, "You should prepare your counterattack. Reporters will come to us and ask about this matter. We need to give a response that the public cannot find fault with and that can protect the reputation of Huifeng Bank.

As for me, I will go to the Governor's Office immediately, hoping to get the support of Mr. Mai Lihao. Only if the Governor's Office completely sides with us, we can have an absolute advantage in this war of public opinion and completely suppress the Bank of East Asia. " Shen Bi's eyes were fierce, and he picked up his coat while speaking, and strode out of the meeting room door.

At this moment, he no longer had any interest in watching the press conference which had not yet ended.

When Lin Haoran produced various evidences of Huifeng Bank, Shen Bi already knew that if Huifeng Bank did not handle this matter well, it would definitely have a great impact on Huifeng Bank, and it might even allow Bank of East Asia to take advantage of the opportunity to turn the tables and reverse the current passive situation.

He must act quickly and use all available resources to stabilize Huifeng Bank's position.

The most important thing is, with the support of the Governor's Office, their Huifeng Bank will be invincible.

Coupled with the influence that Huifeng Bank has had over the years and its absolute market share, this is the confidence of Huifeng Bank.

Facing Lin Haoran's counterattack, they naturally could not remain indifferent.

The reason why they wanted to completely eliminate Bank of East Asia from the chessboard of Hong Kong Finance when Lin Haoran took over Bank of East Asia was because they were worried that Bank of East Asia would become a threat to Huifeng Bank in the future under the control of Lin Haoran.

After all, they are indeed the overlords in Hong Kong's financial world, but they are facing the richest man in Hong Kong who has abundant financial resources.

They cannot take all this lightly.

At the Governor's Office, Mai Lihao, who had just returned here, received a report from his subordinates.

After listening to Lin Haoran's subsequent speech, he knew that the matter was getting more and more serious.

Originally, he thought that if he let Lin Haoran privatize the Bank of East Asia, all problems would be solved. Their Governor's Office could stay out of the matter and let Huifeng Bank deal with the Bank of East Asia as it pleased. They had no intention of intervening.

But now it seems that Lin Haoran's evidence and subsequent words can be said to have directly dragged the Governor's Office into the water. It is impossible for their Governor's Office to stay out of the matter.

Even if this matter is not handled properly, he, the governor, may be implicated.

Mai Lihao frowned and paced back and forth in the office, thinking about how to deal with the situation.

He still underestimated the young man Lin Haoran.

Sure enough, how could someone who could build such a big business in just three years be a simple person?

In an instant, the happy mood that Mai Lihao originally thought that the matter had been resolved disappeared without a trace, and was replaced by deep worry and solemnity.

He could see that the situation was now a tangled mess, and that any single move would have consequences for the entire situation. He had to make his decision with extreme caution.

He would rather see the Bank of East Asia dominate the Hong Kong financial world and act recklessly than see it lose in the business war with the Bank of East Asia.

After all, the Bank of Hong Kong has close ties with the Governor-General's Office and the United Kingdom at the economic and political levels. If the Bank of Hong Kong collapses, the chain reaction it triggers may shake the foundation of the Governor-General's Office's rule in Hong Kong and even directly affect the interests of the United Kingdom.

However, the evidence in Lin Haoran's hands is solid, and he has exposed the various practices of Huifeng Bank in public. If the Governor's Office openly favors Huifeng Bank, it will inevitably arouse strong dissatisfaction among the people and damage the credibility of the Governor's Office.

Every move of the Governor's Office here is watched by everyone.

Thinking of this, he quickly called Shen Bi.

……

Lin Haoran's speech made many bigwigs in Hong Kong fall into deep thought and weighing of the pros and cons.

The business world is a complex network of intertwined interests. The battle between Huifeng Bank and Bank of East Asia was like a huge rock thrown into a calm lake, causing ripples and forcing all parties to re-examine the situation and adjust their positions and strategies.

The scene returns to the press conference.

At this moment, Lin Haoran was facing many reporters and was still talking incessantly about the evil deeds of Huifeng Bank.

Now that the war has officially begun, he will naturally not hold back. He will expose all the misdeeds of the Hui Feng Bank to the sun, allowing the people of Hong Kong to see its true face and win public sympathy and support for his disadvantaged Bank of East Asia.

After all, although Bank of East Asia can live a comfortable life with the financial support of his own companies such as Hong Kong Electric Group and Hong Kong Land Development after his successful privatization of Bank of East Asia, this is only a temporary stability.

The Bank of East Asia, which has no external business, is just an "isolated island" of internal capital circulation. Naturally, he does not want to see the Bank of East Asia facing this situation.

Now that he has acquired Bank of East Asia, he also hopes that Bank of East Asia will develop better!
Therefore, if Bank of East Asia can use public opinion to defeat Huifeng Bank and thus retain those customers, it will undoubtedly be of far-reaching significance for the future development of Bank of East Asia.

In the financial industry, in addition to strong financial strength, the trust and support of the people are equally crucial, and market share is even more important. If you only rely on the business of your own companies, it is no different from closing the door and playing with the sand by yourself.

Therefore, facing the comprehensive attack from Huifeng Bank, what he wanted was to try his best to regain the market in the counterattack.

“Dear journalists, Huifeng Bank claims to be a giant in Hong Kong’s financial sector, but what it does is no different from a robber. It uses its dominant position to suppress its competitors and destroy the environment of fair competition in the market.

"Bank of East Asia is just a bank that upholds the business philosophy of integrity and is committed to providing high-quality financial services to the citizens of Hong Kong. However, it has been maliciously attacked by Huifeng Bank for no reason. This behavior must not be tolerated!" Lin Haoran spoke passionately, his eyes revealing great anger.

Reporters in the audience raised their cameras and microphones to record this impactful scene.

They understand that this business war is no longer just a fight between two banks, but also concerns the future direction of Hong Kong's financial market and the public's trust in the financial system.

Lin Haoran deliberately brought up the incident about how Hengsheng Bank was eventually acquired by Huifeng Bank due to a run on the bank due to inexplicable public opinion. His purpose was to create public opinion and make everyone think that Huifeng Bank was the one behind what happened to Hengsheng Bank!

Although he has no way of knowing the truth, at this critical juncture, the truth may no longer be so important. What is important is that he wants to fan the fire of public opinion even more and completely ignite the doubts and anger in the hearts of the people.

First it was Hengsheng Bank, then Bank of East Asia, and now Huifeng Bank have repeatedly used their hegemony to control Hong Kong's financial industry. This is bound to disgust everyone!
Huifeng Bank used its dominant position in the financial world, especially in conjunction with other banks, to squeeze out Bank of East Asia by adopting a "choose one between the two" approach, and then used some harsh means to deal with Bank of East Asia.

In the past, if such an operation was carried out on other banks, it would basically be easy to achieve the goal without any suspense.

Today, faced with a choice between the two, even if Bank of East Asia has sufficient funds, many people can only choose to withdraw from their financial business with Bank of East Asia in order to avoid being completely disconnected from Bank of East Asia and most other banks.

This is also the biggest reason why there was a bank run at the Bank of East Asia.

As the Huifeng system owns more than 6% of Hong Kong's business, if you are blacklisted by Huifeng Bank, it is almost equivalent to being shut out of the mainstream business in Hong Kong's financial circle, which means that you will encounter many troubles in handling business in the future, and everyone is aware of this.

“What Huifeng Bank has done recently, especially manipulating ordinary people to create panic about bank runs, controlling employees who change jobs to create conflicts among citizens who want to withdraw cash, and then leading them to hold large-scale demonstrations, is an attempt to completely drag Bank of East Asia into a whirlpool of public opinion and a desperate business situation. This behavior is simply insane and completely deviates from the bottom line and principles of commercial competition.

They thought that with these despicable means they could force the Bank of East Asia to submit and make the Hong Kong financial community follow their lead from then on, but they miscalculated.

I, Lin Haoran, will never sit idly by and watch Bank of East Asia being bullied like this. I will not only seek justice for Bank of East Asia, but also fight for fairness and justice in Hong Kong's financial market.

I have arranged a professional investigation team to collect all-round evidence of Huifeng Bank's malicious competition, from internal documents showing their collaboration with other banks to squeeze out Bank of East Asia, to the specific operational procedures for manipulating public opinion and creating panic. No detail will be missed.

Their actions have violated the law. I will collect more information and submit it to Hong Kong's financial regulatory authorities and relevant law enforcement agencies.

I firmly believe that in a society ruled by law, any behavior that violates the principle of fair competition and disrupts the order of the financial market will be severely punished. "Lin Haoran's voice was steady and powerful, and every word hit the hearts of everyone present.

After the incident involving Huifeng Bank against Bank of East Asia, Lin Haoran remained silent, allowing public opinion to ferment and the outside world to speculate.

Many people think that Lin Haoran is afraid of the power of Huifeng Bank and dare not confront it head-on.

But they had no idea that Lin Haoran was secretly accumulating strength, waiting for an opportunity to deal a fatal blow to Huifeng Bank.

It is absolutely impossible for the Governor's Office to stay out of this matter.

Now that he has made such a big fuss about this, it means that it will get the attention of the whole world.

As Hong Kong is the financial center of Asia and one of the three largest financial centers in the world, if this matter is not handled properly, it will not only seriously damage Hong Kong's international financial reputation, but will also cause global investors to question the stability and fairness of Hong Kong's financial market.

A large amount of international funds may quickly withdraw from Hong Kong, causing violent fluctuations in Hong Kong's stock and foreign exchange markets. Many financial institutions will face operational crises. Hong Kong's economy will also suffer a severe blow and fall into a long-term recession.

If the Governor's Office continues to choose silence and evasion, it would be dereliction of duty and would be irresponsible to the people of Hong Kong and global investors.

By then, the condemnation from the international community will be overwhelming, and the credibility of the Governor-General's Office will be completely destroyed.

Lin Haoran's behavior is an open conspiracy!

The press conference lasted for more than an hour before it came to an end.

Since the broadcast was broadcast live to the entire Hong Kong, the impact of this incident was destined to be far-reaching from the very beginning.

So, when the live broadcast ended, the real "storm" of this turmoil had just begun to rage!
Just as Shen Bi thought, when the reporters left the headquarters of Bank of East Asia, they sent people to transmit the materials back to the company while rushing to Huifeng Bank.

They want to know what kind of response Huifeng Bank will give to Lin Haoran’s fierce accusations?
Standing on top of a towering building, Lin Haoran stared through the bright glass windows at the reporters leaving the Bank of East Asia downstairs one after another. His heart was like a surging tide, unable to calm down.

Before this, he resolutely launched a counterattack against Huifeng Bank. However, until this moment, he was still not completely sure that he could win in this fierce confrontation.

You know, Huifeng Bank is a big and deep-rooted bank with complicated power. What's more difficult is that it has the Governor's Office as a "big backer" behind it, which may support it at any time. These two forces are by no means ordinary and can't be easily shaken.

If a giant like the Bank of Hong Kong could be brought down with just some scattered evidence, the British would have been driven out of Hong Kong long ago.

Just as he was immersed in his thoughts about today, the mobile phone beside him suddenly rang crisply.

During this period, he became more and more accustomed to using this mobile phone. As time went by, almost all the prominent and powerful bosses in Hong Kong knew his phone number.

Lin Haoran pressed the answer button, and as soon as the call was connected, without waiting for the other party to speak, he said, "Hello, this is Lin Haoran."

"Haoran, this is He Shanheng. I want to talk to you. Are you free now?" He Shanheng's slightly old voice came from the other end of the phone.

Lin Haoran was really surprised. He never expected that the caller was He Shanheng from Hengsheng Bank.

Why did the other party look for him?
His relationship with Ho Sin Hang is pretty good because of his father, Lam Wan On.

Because Wan'an Group used to be an important partner of Hengsheng Bank.

But since he became successful, especially after he maintained a good relationship with Citibank, he has had no cooperation with Hengsheng Bank.

Now, at this critical moment, the other party came to him at this time, which really made Lin Haoran a little confused about the other party's purpose. (End of this chapter)

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