Reborn in Hong Kong: The Tycoon Grows Up

William Morgan was worried about the long nights and dreams. After Bao Zixuan agreed, he asked Oakley to handle the Hong Kong dollar exchange matter. Every extra day of delay is an extra day of risk. At the same time, getting the Hong Kong dollars early can also make a fortune from other hedge funds on Wall Street. Now he feels that what he said at the time was a bit understated. It is estimated that Bao Zixuan would agree even with HK$200 billion.

Oakley is worried about a loan of HK$100 billion. The Hong Kong dollar has appreciated so much. The most important thing is that there are not many Hong Kong dollars on the market. Even if it wants to raise HK$100 billion, it is impossible. Even if all the redeemed U.S. dollars are collected, it cannot be exchanged for 100 billion Hong Kong dollars; it can be said that this business has suffered a loss of at least 30 billion Hong Kong dollars.

Failure to repay the loan will seriously damage the reputation of Morgan Bank. The dignified Morgan family actually refused to pay back the loan. Doesn’t this make the whole world laugh?

Now I heard that Black Cloud Bank is willing to unconditionally take over the loan between Morgan Bank and HSBC, which means that Black Cloud Bank is willing to use 101.5 billion Hong Kong dollars to redeem the U.S. dollars pledged by Morgan Bank to HSBC. The current exchange rate between US dollars and Hong Kong dollars is only 70% of the original price, which means that Heiyun Bank directly suffered a huge loss of 30% when taking over the loan between them and HSBC.

How could such a shrewd person as Bao Zixuan engage in a loss-making business? Could it be because of the eldest lady? I have long heard that there is a relationship between Bao Zixuan and the lady. The last time I came to Xiangjiang was to meet the richest man Bao. The young lady must have asked Bao Zixuan for help. Bao Zixuan would rather lose money than accept the loan because of a smile on her face. It seems that men all over the world are the same.

When Oakley came to Heiyun Bank, he saw that there were many customers here. When combined with Mencoro of Morgan Bank, there was really no harm without comparison.

Yuan Tianfan received Oakley. After all, he was also the person in charge of Morgan Bank Hong Kong, so where was his position?

After sitting down, the two of them started to deal with Hong Kong dollar exchange, loan transfer and other matters. This may be the last business Oakley handles in Xiangjiang. He is planning to return to the US headquarters to report on his work in the near future. Due to many factors such as misjudgment that HSBC would not be involved, he is likely to be placed idle or take the blame and resign, and the latter is more likely.

After all the procedures were completed, Yuan Tianfan said: "President Oakley, I heard that you will return to the United States soon. What are your plans in the future?"

Oakley: "President Yuan is really well-informed and is still waiting for further instructions from the company. I can only go back and take a look at the situation. You also know that Morgan Bank has suffered heavy losses this time, and someone must take responsibility for this loss. I The position is neither high nor low, and it is on the front line, which is quite suitable."

Yuan Tianfan heard the other party's helplessness, so he said directly: "You should know that we are alumni, but I graduated 10 years later than you. I found out some information about the seniors through school connections, but don't misunderstand me. There is no other meaning. Heiyun Bank will open 20 branches in the United States next year and needs a president who is familiar with U.S. banking business. If you are interested, you can consider it; I will recommend the senior to the boss."

Oakley didn't expect that he was actually recruiting him, but it was really an opportunity. Seeing that Heiyun Bank is so prosperous, the most important thing is that Bao Zixuan is worth following. Being able to work in Heiyun is really a good choice.

Oakley: "Thank you, junior, I need to think about it. I have worked at Morgan Bank for nearly 20 years, and I still have to wait until I return to the United States."

"In addition, I have a question that I really want to ask my junior. If it's inconvenient, you don't have to answer it."

Yuan Tianfan said with a smile: "Senior, please speak directly if you have anything to say. After all, the business has been completed now. After the official business is discussed, any issues between our alumni can be easily discussed, don't you think so."

This is the advantage among alumni. Everyone can quickly find consensus and it is easy to get closer.

Oakley: "Now that the Hong Kong dollar has appreciated so much, the U.S. dollars pledged by Morgan Bank with HSBC are not worth HK$101.5 billion at all; based on the current exchange rate, it can be exchanged for about HK$70 billion at most. Why did Black Cloud Bank take over this loan unconditionally? Bao Sheng is very smart in business, how could he make a loss-making business?"

In fact, Yuan Tianfan has also asked this question. After all, if he takes over, he will directly lose money, and even lose all the profits this time. It wasn't until Bao Zixuan explained it to him that he suddenly realized it, and he was very happy.

Yuan Tianfan: "Since the procedures have been completed, there is nothing to hide. The senior will know sooner or later, so I will tell you, but I hope the senior can keep it secret for a few days."

Oakley: "Please rest assured, junior, this is a private issue and has nothing to do with our two banks. It's just that I am very curious."

If Yuan Tianfan wants to recruit people, he must show some sincerity, and the other is his confidence. Even if the other party leaks it, it has nothing to do with the overall situation. After all, this is a conspiracy, and HSBC cannot tell it even if it is suffering.

Yuan Tianfan: "Morgan Bank borrowed U.S. dollars from HSBC as collateral, but now HSBC can no longer provide the collateral. We are all engaged in banking business. If you cannot provide the collateral that I placed with your bank at that time, then this How to calculate the loan?”

"Now I go to HSBC with 101.5 billion Hong Kong dollars, but HSBC cannot get back the U.S. dollars that were pledged at the time. At the same time, other banks in Hong Kong will not exchange U.S. dollars for HSBC, so the initiative will be in the hands of Heiyun."

"This loan is a huge loss in the hands of Morgan Bank because you don't have enough Hong Kong dollars to redeem it in U.S. dollars. Even if you know that HSBC cannot get the U.S. dollars, there is nothing you can do. The two parties can only negotiate, and the best result is to withdraw the money." step."

"Heiyun Bank can come up with the Hong Kong dollars. If HSBC cannot come up with the US dollars, we have the final say. If HSBC doesn't want to lose its credibility, it can only compromise. We have the final say on how many Hong Kong dollars we need to pay back."

After hearing this, Oakley understood, and at the same time, he felt that even if he knew, there was nothing he could do to stop it. Morgan Bank does not have that many Hong Kong dollars at all. Even if it obtains Hong Kong dollars now, it still needs to close its position. Morgan Bank cannot withstand the hassle at this time.

Oakley: "I don't have to worry about HSBC starting to exchange large sums of dollars to collect the dollars before the loan matures."

Yuan Tianfan: "The exchange rate of the Hong Kong dollar is not very stable, and financial institutions in Hong Kong are still worried that HSBC will sell out Hong Kong. Therefore, we can only wait until the end of this year before considering letting HSBC handle Hong Kong dollar exchange and foreign exchange business."

Now Oakley fully understands that it will not allow HSBC to exchange US dollars. They will definitely not be able to provide collateral by then. It seems that Shen Bi will definitely bleed heavily this time.

Thinking of always avoiding him, Oakley still felt a little happy in his heart. Judging from Heiyun's attitude, HSBC will definitely not fare well this time, and the richest man will not even look at it if it makes too little money.

At the same time, Oakley also admired Black Cloud Bank's operation. It was obvious that a businessman with huge losses could still make a profit. This is his ability.

Oakley: "This time Morgan Bank lost unjustly. It seems that with an opponent like Heiyun, no institution can take it lightly. I am very interested in your proposal now; I will talk to you after I finish dealing with the U.S. affairs. connect."

Yuan Tianfan: "I'm waiting for news from the senior, but please keep the content of our conversation today confidential."

Oakley knew that Black Cloud Bank definitely wanted to catch HSBC off guard, and he probably would have done the same thing himself. So he said without any hesitation: "Don't worry about this; to be honest, I really want to see Shen Bi's wonderful expression, but it's a pity that I have to go back to the United States, but I can guess what Shen Bi looks like just by thinking about it."

Oakley didn't stay too long and left Black Cloud Bank after his curiosity was satisfied. At the same time, I feel a little regretful that the young lady is not with Bao Zixuan. The Morgan family actually wants such a man to be their son-in-law. Isn't this uncomfortable!

Oakley, who has lived in Xiangjiang for many years, must have a better understanding of Chinese culture than other Americans, especially some of the humanities and customs of Xiangjiang. It is estimated that only old Morgan can think of letting the richest man in Hong Kong marry into the family. I really thought that it was still 100 years ago, and the Morgan family was a little too arrogant.

I was really excited to hear Yuan Tianfan extend an invitation to me today. Black Cloud Bank has just started. With Bao Zixuan's ability and financial resources, the size of the bank will definitely not be small. This requires a large number of management talents. I have worked at J.P. Morgan Bank’s Xiangjiang Branch for many years, and I am very familiar with the operating procedures of U.S. Bank business and Xiangjiang Bank business.

Joining Heiyun Bank can help you integrate quickly. It is estimated that Heiyun also takes a fancy to this. The most important thing is that Heiyun Bank has just been established and many of its ideas can be put into practice. It is easy to formulate a development strategy suitable for Heiyun Bank in the United States.