I Want To Be a Rich Man on Hong Kong Island

One morning in mid-June, when Wu Guangyao was working in the office of Universal Group, Lin Yueru brought Li Cui to his door.

This made Wu Guangyao rather strange, this Li Cui never came to the company to find him, why did he come here with Lin Yueru today.

Looking at Li Cui's anxious expression, Wu Guangyao was wondering what happened?

As soon as the two entered the office, Li Cui couldn't wait to say: "Husband, there is a run on Liao Chuangxing Bank!"

Wu Guangyao was not surprised when he heard this, and said with a smile: "I found out yesterday! Early yesterday morning, a large group of 'nervous' depositors flocked to the Liao Chongxing Mong Kok branch, asking for withdrawals, and within a few hours they were taken away. The money in the branch account was emptied. No, I accidentally leaked the rumors. Last night, rumors spread, saying that their boss, Liao Baoshan, had already emptied the money in the depositor's account, and that Liao Chongxing Bank was unable to pay, and even said that Liao Baoshan has fled abroad!"

"Is it true?" Li Cui said nervously.

Wu Guangyao saw Li Cui's expression, and his heart skipped a beat. Could it be that this girl didn't listen to her own advice and deposit the money in a big bank, but in Liao Chuangxing Bank?

But Wu Guangyao calmed down very quickly, he was only spending a few million Hong Kong dollars, so he didn't need to be nervous!

"It's true and it's false! It may be true that Liao Chongxing Bank emptied the money in the depositor's account, but it must be false to escape abroad. Liao Baoshan is good at speculation. When I speculated in gold before, he was as famous as Hang Seng Bank. He defeated the gold merchants in Shanghai and made a lot of money. Later, he opened a bank and used most of the depositors' money to invest in real estate and real estate speculation, and made a lot of money. Therefore, it will happen sooner or later; Is it still called a bank? Those properties belong to the Liao family, and the property cannot pay depositors’ deposits, so this time Liao Chuangxing Bank can be said to be in real trouble!"

Wu Guangyao continued, "Did you deposit the money in their bank?"

Li Cui's anxious tears were about to fall at this time, Lin Yueru quickly patted her maidservant on the back, and said grandly: "It's only one million, I'll give it to you later; what are you worried about for this little money!"

Wu Guangyao also comforted: "Don't worry about small things! Liao Chuangxing Bank has no money, but the Liao family has property. If he sells it, won't he be rich?"

After listening to Wu Guangyao's words, Li Cui immediately put back the tears that were about to fall.

"Husband, are you saying that the Liao family can't run away?"

Wu Guangyao explained: "There is no need to run away. Over the years, Liao Baoshan has made a lot of money by speculating in real estate.

It is not enough to run away; however, this time there is a liquidation incident, he can only survive the difficulty by cutting the meat of these properties (selling them at a low price). However, the reputation of Liao Chongxing Bank may be greatly affected, and I am afraid it will be difficult in the future! "

"It's all my fault, I didn't listen to you at the beginning! You told me to deposit my money in big banks like HSBC. I listened to the staff of Liao Chongxing Bank and said that they had high interest rates, so I deposited 1 million Hong Kong dollars with them. At that time, I also had I was worried, so I kept most of the funds in HSBC." Li Cui said at a loss.

Li Cui's net worth is in the tens of millions, but she is the kind of little girl herself. If she loses 1 million Hong Kong dollars, she will naturally be very sad.

Of course, even if it was Wu Guangyao who lost 1 million Hong Kong dollars for no reason, he would be heartbroken for two days!

"Don't worry, I'll leave this matter to a lawyer later. The Liao family has no money, so I asked him to exchange the property, and he didn't dare to refuse!"

Wu Guangyao wanted to take a sedative, and Li Cui felt all right immediately!

After the two women left, Wu Guangyao fell into thought on the office chair.

What is certain is that Wu Guangyao did not like Liao Chongxing Bank at all, because the family color was too grand;

And the scale can only be considered a small bank, with deposits of only tens of millions of Hong Kong dollars;

Coupled with the severe reputation damage this time, there is no need to work hard.

However, Liao Baoshan is known as the "Land King" in the western ring of the island. She owns a lot of land and properties in the western ring. It is obvious that this time she will not be able to keep much of it. I am afraid that most of the properties will have to be sold to keep Liao Chong Hing Bank.

And Wu Guangyao is eyeing the high-quality properties in his hands, so it's okay to choose a few good properties!

High-quality real estate is hard to come by, and Wu Guangyao is naturally very rare.

Finally, after thinking about it, she decided to open a real estate company for Li Cui, and at least she had a son and a daughter for herself;

Wu Guangyao himself needs a good property, and he can buy it in 1966 to 1967, so let Li Cui give this opportunity.

.........

Some people in the society often say something like this:

"All the money in the society is gathered in the bank, will there be no money in the bank?"

"Your family is so rich, does it run a bank?"

People at the bank often respond with words like this:

"How could the money be ours?"

"We're just keeping it for depositors!"

If Liao Baoshan were to answer this question, how would he answer it?

He obviously wouldn't say: "The depositor's money is my Liao family's money!"

However, Liao Baoshan's actual behavior clearly has this suspicion.

Of course, he didn't take the depositor's money directly for himself, he just embezzled it;

Liao Baoshan's bank itself strictly abides by its credit and has free access to deposits and withdrawals. There has never been a case of non-payment of depositors' withdrawals.

All commercial banks have to embezzle depositors’ deposits to make money out of money—lending to others, and then recovering the principal with interest. This is the general commercial bank’s profit method;

But Liao Baoshan is different. His embezzlement is to transfer the bank money to his own name, and then use it for his own speculation!

Other banks are indirect investment, he is direct investment-lending to himself and speculating on properties.

This kind of behavior is not allowed in the banking industry;

Although Hong Kong Island does not have such a law (Europe and the United States have it), all banks abide by such guidelines.

So some colleagues said that although Liao Chongxing is a bank, his work style is that of a bank, and his behavior is not as stable as a bank.

In addition, Liao Chongxing Bank, in order to attract deposit manuscripts, ignored industry rules and raised deposit interest arbitrarily;

Especially for depositors with around HK$100 to HK$1,000, the interest is even higher.

Don't think that other people are fools. They don't pay high interest for large deposits. This just shows that Liao Baoshan is smart.

Generally, people with large deposits are bosses, and may need large loans in the future;

But all the money from Liao Chongxing Bank has been loaned to his boss, how much money is there!

It is precisely because of Liao Baoshan's behavior that many colleagues criticize him.

 …

Hang Seng Bank

"He Sheng, please take into account that everyone is a Chinese bank and Cantonese, please help!" Liao Baoshan came to Hang Seng Bank and begged He Shanheng bitterly.

"Sheng Liao, it's not that I don't help you, but Hang Seng Bank is not my company alone, we are a joint-stock company, so we need to set up a board of directors..." He Shanheng didn't reject it outright, but what he said was subterfuge.

"This, this...but now saving people is like putting out a fire. Every branch of Liao Chongxing Bank is full of people standing at the door. Some of these people can't wait to throw stones at our glass...... ..." Liao Baoshan continued to plead.

"Sheng Liao, I'm really sorry. I really don't want to make decisions on such a big matter; besides, this incident has also affected our Hang Seng Bank, and we dare not release our own money! Please forgive me.. ..”

One, two...Many Chinese-funded banks declined Liao Baoshan for various reasons, but in short, they could not lend money.

"You're going to die! Don't save!" Liao Baoshan shouted angrily and desperately in the back of the car, and then cried with her head in her arms.

The driver and assistant did not dare to say anything, they could only remain silent.

At this time, several branches of Liao Chongxing Bank were full of people standing at the door, and the people of Dousheng all showed panic and anxiety; the money was hard-earned money earned by everyone over the years, if they really couldn't get it, everyone wouldn't dare to imagine...

Some depositors cried and stomped their feet, and some depositors scolded Liao Baoshan for harming everyone......

On the second night of the bank run, many people were still guarding the gate of Liao Chongxing Bank;

They would rather sleep on the street, but also wait for the withdrawal tomorrow morning.