Chapter 566 4 Rendezvous 1
Chapter 566 Four Meetings in One
Yin Zhaotang was very willing to give up power to the Haojiang branch that was destined to be separated, and promised on the spot: "When the number of Haojiang members exceeds a thousand and the branch is officially established, I will definitely recommend you to be the first president."
"For the time being, I will serve as the deputy leader of the Hong Kong and Macao Working Group in Hong Kong Island. If there are any brothers who are suitable to join the organization, please submit a list of names."
"Don't have the kind of people who love to make big news and often appear in the media."
Lai Dongsheng was very clever. He stepped forward, leaned over, held Yin Zhaotang's hand and said, "Please rest assured, Mr. Yin, please rest assured, I will definitely act in accordance with the organization's requirements."
The territory of Haojing is too small, and only the gambling industry makes money, and the gambling industry requires government licensing.
Therefore, it is not only businessmen who are patriotic, but also gangsters!
It all depends on the gambling industry.
After the signing of the Sino-British Agreement, many tycoons from Haojiang have come to Beijing to discuss the recovery of Haojiang.
For Lai Dongsheng, being able to obtain the identity of a democrat is indeed a good thing.
Yin Zhaotang is not the kind of person who uses public resources for personal gain.
Haojiang is so small that there are only a handful of outstanding figures here. It is a place where it is difficult for a dragon to survive in shallow waters and even a Broken Tooth Koi can claim to be the godfather.
How many people are suitable for the job?
Even without his promise, Lai Dongsheng would still be able to take the position.
It's nothing more than the top few people in terms of strength lining up to get numbers and taking turns to be the banker.
The Brahmin of Haojiang!
The real bigwigs mostly participate in politics as non-partisans, or directly join the ruling party, and will not have anything to do with the Zhi Gong Hui.
However, Yin Zhaotang was very satisfied when he saw Lai Dongsheng was so humble, so he nodded and thought to himself, "No, no."
"If you want to be a gangster, you just want to be recruited. When you see someone from the imperial court, you have to kneel down. How can everyone wear a red hat?"
"I'm happy that he fell on the street, which corrupted the morale."
After chatting with He Sheng for a while, Lai Dongsheng took the initiative to say goodbye. Yin Zhaotang was very polite and sent him to the elevator. Lai Dongsheng did not forget to bow and waved in the elevator.
When he returned to the reception room, Ho Hung-shing was sitting with his legs crossed, playing with a ring on his finger, with a cane hanging on the table. He was wearing a white suit and looked very elegant.
Occasionally, occasionally, one can get a glimpse of how handsome he was in his youth from the casual carefreeness that He Sheng exudes.
As a son of an aristocracy, of Eurasian descent, it's hard not to be handsome.
Seeing his elegant demeanor, Yin Zhaotang smiled and said, "When He Sheng was young, he must have been pursued by many people."
Ho Hung Shing unexpectedly said in a serious tone, "When I was young, my father was doing business and our family went bankrupt. Although the Ho family is a famous family in Hong Kong and Macau, I am not the main branch, so not many people are interested in me."
"There must be many who are willing to spend a night with you." Yin Zhaotang praised. He Hongsheng smiled without saying anything, with a proud look in his eyes, which seemed to indicate that he was proud of himself.
He suddenly said, "By the way, Mr. Yin, there has been a rumor from the Financial Secretary recently that the Governor intends to promote the 'Four Associations into One' to unify the management of the Hong Kong Island securities market."
"Do you have any opinion?"
In the political matter just now, Ho Hung Shing was just a middleman and did not participate in the statement. But when talking about the movements of the Financial Secretary of Hong Kong Island, his eyes were very excited.
"The foreigners have been keeping their money very tight, so I can't get any wind of it. However, having four exchanges in one city is a waste of resources and financial potential. They should be managed in a unified way."
"Edward has been calling for building an Asian financial center, but success cannot be achieved by relying on the number of exchanges." Yin Zhaotang was joking when he suddenly thought that after the 'four exchanges merged into one', it would seem that the Hong Kong Stock Exchange would be controlled by the Chinese.
After that, Hong Kong Island Chinese capital launched a counterattack against foreign capital in the financial sector. Pao Yue-kong acquired Wheelock, Liu Jianxiong attacked Chinese Estates, Li Ka-shing acquired Hong Kong Electric, and Lai Sun attacked the Kadoorie family's hotel group. It seems that in the mid-to-late 80s, all the key large-scale stock wars took place in the short two or three years after the establishment of the "Stock Exchange".
It was not until the "global stock market crash in 1987" and Black Friday that British capital struck back and swept away a number of good Chinese-owned enterprises. China and Britain were once again deadlocked in the financial sector, and the chairman of the Hong Kong Stock Exchange was imprisoned. The struggle was particularly fierce. Ho Hung-shing nodded slightly and explained: "There are four exchanges in Hong Kong Island for historical reasons. In the past, the Hong Kong Stock Exchange was run by British people. Chinese people with money in their hands would be kicked out if they could not speak English or did not wear a suit."
"It was not until the 1970s that Chinese bankers united and established the Far East Club, the Gold and Silver Club, and the Kowloon Club. In just a few years, they forced the foreigners to introduce laws and regulations to prohibit the establishment of any more exchanges. Now that things have developed, it is meaningless for the foreigners to continue to support the Hong Kong Stock Exchange."
"Youde wants to achieve some political achievements in this term, so he might as well vigorously promote the integration of the four councils."
Yin Zhaotang still smiled and said, "He Shengyou plays stocks?"
"I don't play, and I don't care."
"It's just that I see many wealthy businessmen ready to make a move, and Mr. Yin has a good vision, so I want to take a gamble with Mr. Yin." He Hongsheng looks calm, but he is full of courage in his heart.
Yin Zhaotang nodded slightly, understanding the He family's distress of being trapped in the gambling industry and unable to expand outward. To put it bluntly, Ho Hung Shing was able to bid for the gambling license back then thanks to the efforts of Fok Kwun Tai and Ye Hon, and he could not have done it alone.
"It is an opportunity, but it also has risks. First, it depends on who can take over the chairmanship of the Stock Exchange. Youde will definitely want a foreigner to take the position. Secondly, even if the chairman of the Stock Exchange is Chinese, we have to be careful of a counterattack from foreigners."
"If Mr. He wants to gamble, he has to wait until the gambling den opens and the dealer arrives."
He Hongsheng laughed out loud and said briskly: "Hahaha, I feel relieved to have Yin Sheng's help."
Yin Zhaotang had a calm expression, took out his cigarette case, and said with a smile: "Finally, it's Mr. He who is gambling with me, instead of me gambling with Mr. He."
After hearing the news of "Four in One", he also had plans in mind.
Every stock market crash will cause hundreds of companies to go bankrupt and hundreds of people to jump off buildings, commit suicide, or drown in the sea.
At the same time, bad debts will be cleared, rotten stocks will be delisted, and new rich people and new tycoons will become famous in the business world, rise up on their corpses, and make a fortune.
During the stock market crash caused by the "Sino-British Talks" in 1981, Yin Zhaotang, due to his insufficient status, could only merge with other companies in the industrial sector and took over many good businesses.
According to the information I remember, this stock market crash should be the "August 7th Stock Market Crash", which is different from the August 7th Stock Market Crash caused by war risks.
The August 7 stock market crash was transmitted from Wall Street and was claimed to be a "global" stock market crash, but in fact the U.S. stock market recovered quickly and lasted for a very short time.
The cause was even more hilarious, so it came and went quickly.
Many countries that have time differences with the United States are not even affected due to different market opening times.
Only Hong Kong Island suffered the greatest losses and lasted the longest, leading to the bankruptcy of many Chinese companies.
Why?
Because the foreigners deliberately manipulated the stock market and ruined it, taking the opportunity to reap Chinese capital!
This is not speculation but public opinion. Afterwards, even the then chairman of the Hong Kong Stock Exchange, Li Fook-shun, was thrown into prison.
From a positive perspective, the integration of the four into one can increase trading volume and boost the stock market. From a negative perspective, the integration of the four into one can make it easier to operate behind closed doors and harvest assets.
From the perspective of the foreigners, the purpose of merging the four associations is to facilitate British companies to raise funds, go public, and reap profits. It is not to facilitate Chinese companies to acquire British capital, embezzle foreign capital, and build in the north.
Instead of reaping the benefits, they were reaped instead. They simply took advantage of the events in the US stock market to overturn the table.
At this time, with He Hongsheng's personal connections and ammunition funds, Yin Zhaotang decided not to hide in the second-line battlefield in this stock market crash, that is, to buy the bottom in the industrial sector.
Choose the right time and rush directly into the financial world to make the queen lose all her underwear!
(End of this chapter)