Chapter 311

He Qiong tugged Li Xin slightly, whispering: "A Xin, Director Qiu is already this old; you shouldn't speak so rashly. In business competition, there's no need to make relations so stiff."

"Who knows, maybe we could still cooperate later; then it would be quite awkward!"

Li Xin waved his hand, "Hmm, that's already quite polite; you go pick a style for me."

Qiu Det Gen's hair stood on end from anger; this little bastard, after doing all this, he still dares to argue unreasonably.

He shouted angrily: "In this Far East Bank run incident, do you dare say that the Jiang Clan Group and He Ji weren't acting under your direction?"

"What nonsense!"

"The Jiang Clan Group and He Ji aren't even my companies; how could I be directing them?"

"The only Jiang Clan Group that could have contact with him would be Jiang Tian Sheng's company; if it were anyone else, Qiu Det Gen wouldn't come looking for him."

Li Xin now pretty much knows what's going on.

He then gave a hehe laugh and said: "Director Qiu, you know, I've already retired from the martial world."

"Even if I hadn't retired from the martial world, I don't have much connection with He Ji, just a minor grudge; would they even listen to me?"

"What the Jiang Clan Group and He Ji do is their own business; go find them!"

"What good would finding me do?"

"Mr. Jiang is now a legitimate businessman; as long as he doesn't break the law, who can control what he does?"

Qiu Det Gen!

Forcibly suppressing his anger, Qiu Det Gen rubbed his face and asked in a deep voice: "Mr. Li, I know what you want; help me settle this run incident, I'll sell you the shares—any problem?"

Li Xin's heart stirred, and he asked: "Director Qiu, does Far East Bank still need shareholders?"

"Don't even think about it!"

"I'm handing over my Asia Television shares; that's already quite sincere—don't push your luck, you're insatiably greedy!"

"Look at you, old man! Why get so worked up?"

Li Xin feared stimulating him too much; this old man is in the past.

He said in a warm voice: "Director Qiu, you said that the Huo Group, the Red Letter Group, and the Jiang Group all have accounts at your Far East Bank, and several of them have reached a strategic cooperation."

I will make the rumors on the streets disappear, shift public attention through the Oriental Daily, and then this matter will be resolved, right?

Qiu Degen thought for a moment, then said: "The Qiu family's shares, both open and hidden, total just over thirty percent; it's impossible to sell too many shares."

Li Xin smiled and replied: "Just keep it simple; then take this opportunity to let those small shareholders of Far East Bank exit."

You believe Director Qiu knows what to do; you don't need to sacrifice anything—what do other people's shares have to do with you?

Qiu Degen sighed: "Mr. Li, you really have a clever method!"

The method isn't important, the process isn't important; I only want the result. What do you say, Director Qiu?

Sure!

Qiu Degen hung up the phone and called a few small shareholders over.

Looking at them, he said: "Everyone knows about this matter now, so I won't repeat it—Far East Bank is currently in danger."

I want everyone to contribute capital to jointly overcome this crisis—what do you think?

One of the small shareholders, speaking as a representative, replied with a troubled expression: "Director Qiu, what is the situation now? I believe you are well aware that the real estate industry is in a slump."

We can barely keep our own companies afloat; we simply don't have the ability to contribute capital.

Qiu Degen said in a deep voice: "Given Far East Bank's current market value, if you don't follow up with capital contributions, your shares will be heavily diluted—are you sure you want to do that?"

The small shareholders looked at Qiu Degen, their eyes flickering uncertainly.

They asked: "Director Qiu, who do you want to bring in? That's quite an appetite."

Qiu Degen didn't placate them, saying: "Only the Huo Group, the Red Letter Group, and the Jiang Group—just those few—need to come in for this bank run panic to subside."

Otherwise, Far East Bank will never calm down; you know what the financial industry fears most.

I entered the media industry precisely to give Far East Bank a protective shell, so the bank can have the ability to withstand risks.

The small shareholders exclaimed in surprise: "Director Qiu, you want to bring in Huojingliang and Li Xin—aren't you afraid of inviting wolves into the house?"

Neither of those two is a good sort—you need to think this through carefully!

No need to think; I've already decided to let them in—what is your choice?

To leave or to stay?

After Qiu Degen finished speaking, he just stared at the few small shareholders, waiting for their answer.

The few small shareholders exchanged glances—it seemed they had no choice but to stay!

They didn't want to get involved with Huojingliang and Li Xin—those two are ferocious beasts; if they moved against them, they'd have no ability to resist.

Well, Jiang Tian Sheng was outright ignored by them—he wasn't even on their radar.

After several rounds of negotiation, the Huo Group, the Red Letter Group, and the Jiang Group each contributed eighty million Hong Kong dollars, acquiring fifteen percent of Far East Bank's shares.

Before the bank run panic, Far East Bank's market value was around twenty billion; the few small shareholders, holding their noses, accepted this offer.

At the signing ceremony, Jiang Tian Sheng, as representative of the three companies, signed the transfer agreement with several people in front of the media.

Now he is very excited; he originally just wanted to help A Xin with a small favor, but ended up becoming a bank shareholder.

He never dared to imagine this before!

After the signing was completed, it was time for the press interview.

A reporter from the Oriental Daily asked first: "Mr. Jiang, you've become a shareholder of Far East Bank—does this mean you intend to enter the financial industry?"

Jiang Tian Sheng smiled and replied: "No, we three companies invested in Far East Bank this time at Director Qiu's invitation, to act as white knights."

We won't blindly enter the bank's management; we believe Director Qiu has the ability to manage Far East Bank well.

Qiu Degen was furious to the point of death: "This loser—if it weren't for you, damn it, first stirring up trouble, could there have been this turmoil?"

And you dare call yourself a white knight, damn it?

Besides your white teeth, you're completely black and smoking from head to toe, damn it!

Director Qiu, is that what Mr. Jiang said?

As the reporter's question came, Qiu Degeng gritted his teeth and replied: 'That's right, this time's deposit‑withdrawal turmoil is just a misunderstanding.'

The reason employees of Jiang Shi Group are closing their accounts is that management hasn't explained things clearly, leading to this situation.

That's why Far East Bank invited three companies to take stakes, in order to show its stance to the broad customer base.

Far East Bank is still worthy of everyone's trust.

Asia TV reporter asked: 'Mr. Jiang, you just took a stake in Red Trust Real Estate, and now you're also taking a stake in Far East Bank—does this mean you too want to get out of the shipping business?'

Jiang Tian Sheng nodded satisfactorily; this reporter really knows how to speak.

Putting him together with the shipping king for comparison, this porcelain collision is really good!

Soon after the press conference ends, I'll definitely give him a big red envelope.

It still has to be A Xin—he knows how to train subordinates, exactly to his liking!