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Chapter 743 Connection

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    "That year, in order to avoid the financial crisis, the Hong Kong government finally announced the takeover of Hang Lung Bank. Later, it was discovered that they had actually lost HK$336 million, of which HK$266 million was used by directors of their company.  And related institutions borrowed money one by one with very little collateral.

    But so far this year, the Hong Kong government has managed Henglong well, achieving profitability and recovering bad debts of up to 400 million.  "

    Lin Yuqing talked so much that Huang Shaowen almost got distracted.  It¡¯s a gold shop and a bank, including Standard Chartered and Bank of China.  There is something else in the middle, it¡¯s all kinds of relationships.

    ??Actually, this is it, Lin Yuqing hasn¡¯t made it clear yet.  To be honest, it also involves Haito and Zhuang Qingquan, and then it also affects many banking institutions such as Industrial and Commercial Bank of China, Jiahua, and Youlian.

    ¡° Around 1983, perhaps due to political factors, there were indeed many bank problems in those years.  Hai Tuo's words were mainly because of a woman named Ye Zhuanglin who was engaged in Hong Kong immigration business.  This is another opportunist. Anyway, when it comes to things, he can be regarded as the same liar as Huang Shaowen before.

    Financial scammers have existed since ancient times.  For them, as long as you are not greedy, you will not be cheated by him, so in their world, it is ultimately your fault for being too greedy.  And they think that they are smart and excellent, and all the glory and wealth are what they should enjoy.

    So now Huang Shaowen doesn't like this kind of people very much. What he likes most are those people in his hometown who are doing production down-to-earth.  Of course, this world is absolutely indispensable for finance.  For example, Wang Quanzhong, if it weren't for himself, he wouldn't be able to run a taxi company now.

    The essence of finance should be the "green leaves" around the manufacturing industry, which belongs to the re-creation and reproduction of surplus value.  However, many people only see the wealth of finance itself, especially with so many examples of people getting rich overnight, which makes more and more people forget what finance should really do.

    It¡¯s like the stock market, with all kinds of flowers blooming and ghosts crying and wolves howling.  But shouldn¡¯t the essence be to stand together through thick and thin and work together with one heart and one mind?

    As a result, it later turned into a perfect place where a typical case of "we can only share wealth and honor, but not adversity" was born.  Then deception begins to breed, grow, and spread, and in the end both sides are harmed, leaving nothing but feathers on the ground.

    "Since it has been taken over by the Hong Kong government and is profitable, how do you say Henglong is an opportunity?" Huang Shaowen didn't understand Lin Yuqing's statement.

    Lin Yuqing knew that this matter was complicated, and explaining it might make his boss impatient, but he still had to explain it clearly.  Because this matter involved an important organization, Lin Yuqing couldn't decide whether to accept their kindness or not.

    ¡°Boss, this involves another institution, Goldman Sachs.¡±

    "Goldman Sachs? Why are you involved with them again? Didn't the Ren family just beat them and make them lose so much money?" Huang Shaowen really didn't expect it.

    During the stock market crash at Goldman Sachs in October, they and Genmu could have peacefully coexisted with each other without incident.  The worst thing is, when threatening Ren Jiacai, be respectful, negotiate terms, and discuss things with each other. Maybe Huang Shaowen will agree to cooperate in the end and take them to have fun together.

    "It's a pity that the other party is obviously self-righteous and has determined that the Ren family is talented.  After being rejected, the disgusting side of nationalism was completely exposed.

    ??????????????????????????????????????????????????????????????? It is okay that the two sides have no contact with each other till death, but the arrogant Mr. Hall has to be serious and compete with the Ren family on the battlefield.

    The result, haha, I lost it.

    For Lin Yuqing and Ren Jiacai, they have always been a little worried about the conflict with Goldman Sachs.  In the end, due to reasons on his side, the other party directly lost more than 300 million US dollars.  Although it is a big company and 300 million won't break the bones, it is still 300 million.

    ????????? It¡¯s definitely not possible to avoid enmity.  Lin Yuqing and Ren Jiacai were quite worried for a while.  Especially when Ren Jiacai was buying stocks in the United States, he was worried that Goldman Sachs would suddenly jump out and confront him.

    If he can't complete the boss's task because of this, Ren Jiacai will really feel a little uncomfortable.

    As a result, people really did not have hatred, not only did they not have hatred, but also took the initiative to post it to help.  Especially here at the Guangdong and Hong Kong base camp.

    Actually, to be honest, Lin Yuqing has gradually become famous in Guangdong and Hong Kong over the years, and has indeed slowly entered the ranks of big shots, becoming an eye-catching new star in Guangdong and Hong Kong.

    But Xinghang is very young, incredibly young, only four years old, and Lin Yuqing himself is not a person with a profound background.  Before following Huang Shaowen, I had no connections at all in Guangdong and Hong Kong.

      Compared with those established families, even if Lin Yuqing is rich, it is really difficult to get into their circle.

    After years of cooperation and competition, they know each other well, and there are various exchanges of interests. Basically, it can be said that a certain community of interests has been formed. What remains is to see whether the "spoils are divided" evenly enough.

    ¡°Li Chaoren was able to take advantage of the opportunity of the confrontation between Chinese and British political wills to suddenly rise and break through the interest ceiling that had been in place for many years. This is already very impressive.

    As a result, at almost the same time, the terrifying Lin Yuqing, who was younger than Li Chaoren, also used the off-market business of Guangdong and Hong Kong to break the power structure of Guangdong and Hong Kong for many years.

    "It's a pity that whether it's a dragon crossing the river or a local dragon, in the modern society of Guangdong and Hong Kong, seniority is still very important.  Foreigners are first-class citizens, rich people are second-class citizens, Hong Kong government officials are third-class citizens, and the rest are fourth-class citizens.

    Lin Yuqing can be considered a rich man now.  How much is 2.5% of US$4.8 billion?  If converted into Hong Kong dollars, Lin Yuqing could buy a bank for HK$780 million.

    They work for Huang Shaowen, and they do almost everything. Logically speaking, with such a small stake, people will definitely not be convinced.

    But Huang Shaowen is too awesome to stand up to this.  They did everything, but Huang Shaowen pointed out where the "Golden Mountain" was and how to dig it.

    Even if you give them this little bit, they are already infinitely richer than others.

    Lin Yuqing¡¯s shares can be used to buy a bank, but the problem is that banks can¡¯t be bought just by having money.  After all, Lin Yuqing lacked too many connections in the Hong Kong government.

    Originally, it was an opportunity when Pacific Ocean bought Connian. The Hong Kong government took the initiative to invite tenders.  As long as you have money and spend more money than the Lin family, you will definitely win Kangnian in the end.

    "It's a pity that it would be okay if we started preparing for this in July and August. By October, it's already too late.

    In the end, we can only slowly look for opportunities and see which other banks we can buy.  With no connections and only money, Lin Yuqing held a lot of money in his hands. After wandering around Guangdong and Hong Kong for a long time, he always felt that this bank could afford it and that bank could afford it. Almost all banks in Guangdong and Hong Kong except foreign banks  As long as the branch opened here is from Guangdong and Hong Kong, he can afford it.  (Remember the website address: www.hlnovel.com
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