Chapter 729: Hang Lung Bank run wave!

Chapter 729: Hang Lung Bank run wave!

Yang Ming was a little excited, but also seemed very calm.

It was as if everything was as he had arranged it.

Yang Ming returned to the mountainside villa and had dinner with his parents.

Some time was spent not seeing Sarah and Diana.

At 21:00 in the evening.

Yang Ming and Azhu took a car to the mountainside villa where Sarah and Diana lived.

When Yang Ming's Rolls Royce stopped.

Sarah and Diana upstairs had already discovered that Diana was not as reserved as her sister Sarah, so she came down directly from upstairs and hugged Yang Ming's arm very intimately.

"Have you eaten?"

"Ate."

Nowadays, Diana and Sarah have been in Xiangjiang for a long time. They usually watch Asian TV programs and speak some simple Cantonese, but with a thick Western accent.

Yang Ming, Sarah and Diana were walking in the garden outside.

It was September, and the weather in Xiangjiang was still very hot.

However, there are more flowers in the mountainside villa where Sarah and Diana live, and the two girls usually like flowers.

On Teresa Teng's side, Teresa Teng cannot inhale pollen due to her hidden illness. Even if Teresa Teng likes flowers, she cannot get too close to them. Naturally, Teresa Teng's side only has trees that don't bloom very much, and no other potted flowers are planted.

Sit down in the garden and enjoy the breeze.

Diana stayed with Yang Ming for a while, and then she went upstairs with Azhu first.

Both Sarah and Diana knew that they would never be able to live without Sir Yang in their lives. However, Sarah considered her own situation and thought that if Yang Ming wanted to formally get married in the future, it would still be suitable for her to marry her sister. However, Yang Ming never proposed it to them.

Diana is not very old now.

Yang Ming and Sara looked into the distance at the railing. When Sara got closer to him, she found that this feeling was very wonderful.

. . .

Yang Ming returned to his mountainside villa and went upstairs to his study.

Yang Ming kept looking out the window.

Early the next morning, Yang Ming got up and washed up. The weather was still relatively hot, so he went swimming first.

After getting off the swimming pool, I changed my clothes and went down to have breakfast with my parents.

Yang Ming opened the newspaper and saw today's news headlines, which were indeed related to Xie Liyuan Gold Shop and Hang Lung Bank.

Last night, there were rumors in the market that Hang Lung Bank and Xie Liyuan had a close relationship at that time.

Most importantly, yesterday, Xie Liyuan Gold Shop officially announced its closure.

This immediately attracted the attention of Hong Kong investors and newspaper reporters.

So much so that the front page of the news now looks like this.

The century-old Xie Liyuan Gold Shop officially announced its closure!

It is rumored that Hong Kong Hang Lung Bank and Xie Liyuan Gold Shop have a close relationship!

This very attractive news front page immediately attracted the attention of many people.

Never mind whether this is true or not.

Last night, many investors with deposits in Hang Lung Bank had already gone to major branches of Hang Lung Bank overnight to prepare to queue up for withdrawals.

The Chinese-owned bank crisis that broke out in the 1960s is still fresh in the minds of many investors in Hong Kong. Now, less than 20 years have passed, and a Chinese-owned bank crisis is likely to break out again in Hong Kong.

In addition, when someone fanned the flames, Hang Lung Bank's depositors suddenly felt nervous and queued up in front of Hang Lung Bank branches to make withdrawals, thus triggering a banking crisis.

Hang Lung Bank's Kowloon branch.

Since last night, many depositors and ordinary investors who have deposits here have queued up overnight to prepare to withdraw money.

In addition, there are a large number of investors holding gold certificates issued by Xie Liyuan Gold Shop, thinking that they can exchange cash at Hang Lung Bank, which triggered the run.

More and more investors showed up, and it was almost a crowd.

Hang Lung Bank's Kowloon branch has just opened, and these investors are pouring in like crazy.

"I want to withdraw money."

"I want to take them all out."

. . .

Not long.

Tens of millions of Hong Kong dollars in cash at the Kowloon branch were immediately withdrawn by Hang Lung Bank depositors.

In addition, all major Hang Lung Bank branches in Hong Kong were also taken away by those investors.

at this time.

Hang Lung Bank Headquarters.

General Manager Zhuang Rongkun immediately realized the seriousness of the situation.

In addition to urgently allocating tens of millions of Hong Kong dollars from Hang Lung Bank's head office to Hang Lung Bank's major branches, he knew that he would immediately hold a press conference to clarify the matter.

At 14:30 that afternoon.

A press conference was held at the Central District Head Office of Hang Lung Bank, which is also the headquarters of Hang Lung Bank.

At the press conference, General Manager Zhuang Rongkun looked at the reporters below and said: "Our deposits at Hang Lung Bank are very safe. Other than that, we have no financial relations or transactions with Xie Liyuan Gold Shop."

Later, legal counsel proved that Hang Lung had no relationship with Xie Liyuan Gold Shop.

Even then, the reporters were still very interested and asked many relevant questions.

In the afternoon, after the press conference, there were still runs on major branches of Hang Lung Bank.

At the end of the day, more than 7000 million cash was withdrawn by depositors and investors from all branches of Hang Lung Bank.

That night.

Zhuang Rongkun went to visit the chairman and general manager of major banks in Hong Kong such as Zada ​​Bank, and reserved larger funds from those banks, almost 7 million Hong Kong dollars.

The money was naturally quite large and was immediately sent to major branches of Hang Lung Bank.

Even that afternoon, Hang Lung Bank had held a press release to clarify that the collapse of Xie Liyuan Gold Shop had nothing to do with Hang Lung Bank, and that Xie Liyuan Gold Shop and Hang Lung Bank had no financial dealings.

For the depositors and investors of Hang Lung Bank, they don’t believe what you say.

That night, there were still many people waiting in line to withdraw their remaining deposits, hoping to withdraw them all tomorrow.

. . .

On this day, Yang Ming was working at Imperial Group.

When he just arrived at the office of the chairman of the Imperial Group, not long after, Meris came over and said excitedly: "Boss, there is a run on Hang Lung Bank."

The reason why Merith is so excited is because his boss, Sir Yang, mentioned this matter to him in July.

It really happened.

This seems to be related to Xie Liyuan Gold Shop.

In fact, it is Hang Lung Bank itself that has problems.

In addition, even if Zhuang Rongkun of Hang Lung Bank held those press conferences, in Yang Ming's view, they were just really afraid.

In fact, Hang Lung itself has already been a big problem.

It was already a big hole.

The reason why Zhada Bank and others helped Zhuang Rongkun and Hang Lung Bank was mainly because they were afraid that the trend of bank runs would affect them.

This is like a domino effect. As long as one piece falls, the second one will soon fall. At this time, the most worrying thing is that other banks will also be affected.

"Merith, follow the plan."

Yang Ming looked out the window, his face calm.

Melis looked very excited.

Lin Xiuzhi on the side didn't know what was going on, but she found that her boss and Mai Lisi seemed to be somewhat different.

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