Chapter 464 Banks Don’t Change
·
Ku Mao
The summit begins.
First, some bank presidents and some financial giants gave some quite satisfactory speeches.
"Okay, here is an entrepreneur who will appear. I believe everyone must have heard of his name recently."
"Let us give you a round of applause. Mr. Xiang Xia Qiang, the well-known entrepreneur and founder of Elephant Wanbei Company, will give us the final speech!"
Whoa!
Amidst a burst of deafening applause, Xiang Xia Qiang appeared on the stage with his head held high and his chest high, in a defiant manner.
As soon as he came on the field, Xiang Xia Qiang lost a king!
"I came here today not to give a speech, but to change the bad financial environment in the entire Daxia!!!"
In a word, the presidents of the four major banks below have already begun to frown.
The bad financial environment in Daxia?
Who does this mean?
The audience below also looked at each other.
This Xiang Xiaqiang...
You are not so courageous!
How dare you criticize bank leaders in public? !
Chen Mo smiled.
Is this not dying fast enough?
Xiang Xiaqiang completely ignored the commotion of the audience below and said in an extremely inflammatory tone:
“The current financial industry is in desperate need of a change!”
“Without this revolution, there would no longer be SMEs!”
“Without this change, ordinary people who want to start a business would have a difficult time!”
"So! My opinion is, if you don't break it, you won't build it!"
"I often hear banks saying, oh, we will provide loans to small and medium-sized enterprises and entrepreneurs!"
"I have been hearing this for five years! But how many banks are doing this down to earth? Very few! Minimal!"
"Because the bank's bank today is still a pawnshop thought a few hundred years ago!"
"Enterprises that want to develop, as well as outstanding entrepreneurs who have no capital, don't have collateral to borrow money from banks!"
"And I, Xiang Xiaqiang, believe that the pawnshop mentality of mortgage cannot support the financial needs of future world development. The pawnshop mentality must be replaced by a credit system based on big data, so that credit equals wealth."
"This is also something that my Elephant Wanbei company has been promoting!"
"Let me tell you, I, Xiang Xiaqiang, have no interest in touching the cakes of our small and medium-sized enterprises and private enterprises!"
"On the contrary, I am very interested in shaking up state-owned enterprises, hey!"
"Don't you like to play monopoly? I just want to create a new financial model so that you can't monopolize it, make you sleepless and sleepless, and give all small and medium-sized enterprises and entrepreneurs new ways to borrow money!"
Whoa! ! !
A burst of deafening applause almost lifted the ceiling!
All the entrepreneurs present were applauding and applauding!
This made the presidents of several state-owned banks sitting below look even more ugly!
Comparing a bank to a pawn shop?
Are you saying banks don't do anything?
This is no longer connotation, this is already a face-riding output!
But Xiang Xiaqiang had no intention of stopping, and instead became more and more excited as he talked!
"Today, as Elephant is about to go public, I want to say something at the Hong Kong City Summit: if-the-banks-do-not-change, let's-change-the-banks!"
“If the banks don’t change, we will change the banks!”
Boom~~~~
As soon as this sentence came out, the entire audience stood up collectively, and the cheers, applause, and whistles were as deafening as the explosion of a nuclear bomb!
When he turned around and looked over, the presidents of the four major banks were already as pale as a sheet of paper.
This is not fucking a face-saving output, this is murder and heart-wrenching! ! !
Are you clearly saying this to scold us for our inaction?
When the applause fell, a voice suddenly came from behind:
"Mr. Xiang, I think banks should have a "pawnshop" mentality!
Banks only misappropriate depositors' funds, and risk control is the first priority.
Depositors are the creditors of the bank and the owners of the bank’s assets!What if banks do not control risks and systemic risks arise? "
As soon as these words came out, the presidents of the four major banks looked much better, and they all followed the audience's gaze and focused on the perpetrator.
The speaker was dressed in a white suit, elegant and handsome, like a prince from a fairy tale.
Surprisingly, it was Chen Mo!
Xiang Xiaqiang's face suddenly darkened.
Chen Mo actually came here to cause trouble for him!
Doesn't this prevent him from stepping down?
However, in front of so many financial giants, Xiang Xia Qiang couldn't find it easy to attack, so he could only say with a smile:
"I say this also for the sake of our private enterprises and entrepreneurs."
"If banks continue to maintain the current financial model, ordinary people and small and medium-sized enterprises will never have the opportunity to make big money!"
Chen Mo smiled mockingly: "Mr. Xiang, you are so unconscionable. You are talking about changes and financial models here. Is your purpose really for the majority of entrepreneurs and small and medium-sized enterprises?"
"What you want to do is to lend out people's money at the lowest cost and make high-risk investments. If you end up taking the bulk of the money, will you lose? Who will suffer the loss in the end?"
Xiang Xiaqiang: "..."
He was speechless by Chen Mo.
The presidents of the four major banks instantly had smiles on their faces, and they all gave Chen Mo a satisfied smile.
Although they don't know Chen Mo, their favorability towards Chen Mo has reached its limit!
Seeing that the situation was out of control, Xiang Xiaqiang could only bite the bullet and said:
"But in fact, our Elephant Company is indeed creating a financial model that allows everyone to have money and loans! You can't deny this, right?"
Chen Mo smiled and said: "Is this really the case? If it is really based on credit as you said, then why does your company require users to submit all relevant information such as work, garage, etc.? Wouldn't it be better to just let users borrow money based on credit?"
"Also, banks not only have consumption reserves, but also credit loans. Then, they are lending money to users based on credit!"
"You say that everyone can borrow money, but in fact there are still various restrictions. People who can eventually borrow a lot of money to start a business can still borrow money from the bank."
"It's impossible for ordinary people to borrow big money from your company!"
Xiang Xiaqiang: "..."
Oye! ! !
Beat him to death!Beat him to death!I'll beat this bastard to death! ! !
The presidents of the four major banks almost jumped to cheerleading for Chen Mo!
Chen Mo pressed forward step by step, saying with heart-wrenching words:
"We have repeatedly emphasized that we are technology finance, not a simple financial company. But this is not the case. Under the guise of technology, we are still playing the old trick of eating interest rates.
Based on the so-called big data, what kind of bullshit credit loans are there with annual interest rates as high as 26%-59%? What kind of technology is this? "
"Oh, by the way, Mr. Xiang, how do I remember that in Daxia, it is illegal if the annualized interest rate is greater than 25%?"
"Can you answer this question for me?"
Xiang Xiaqiang: "..."
At this moment, Xiang Xiaqiang's forehead was covered with sweat.
Chen Mo had already beaten Xiang Xiaqiang to the point where he felt like he was on pins and needles, and felt like a lump in his throat!
The audience in the audience also changed from the admiration just now to weird expressions. They pointed at Xiang Xia Qiang and started talking in low voices.
"Xiang Xiaqiang is so shameless!"
"Yeah, it's essentially just a loan company that eats interest rates, and it's still confronting banks here!"
"I don't have to play anymore!"
"..."
Listening to the comments from the audience, Xiang Xiaqiang finally couldn't stand it any longer and roared:
"security guard!!!"
“Where’s the security???”
"This person is here to cause trouble! Get him out quickly!!!"
First, some bank presidents and some financial giants gave some quite satisfactory speeches.
"Okay, here is an entrepreneur who will appear. I believe everyone must have heard of his name recently."
"Let us give you a round of applause. Mr. Xiang Xia Qiang, the well-known entrepreneur and founder of Elephant Wanbei Company, will give us the final speech!"
Whoa!
Amidst a burst of deafening applause, Xiang Xia Qiang appeared on the stage with his head held high and his chest high, in a defiant manner.
As soon as he came on the field, Xiang Xia Qiang lost a king!
"I came here today not to give a speech, but to change the bad financial environment in the entire Daxia!!!"
In a word, the presidents of the four major banks below have already begun to frown.
The bad financial environment in Daxia?
Who does this mean?
The audience below also looked at each other.
This Xiang Xiaqiang...
You are not so courageous!
How dare you criticize bank leaders in public? !
Chen Mo smiled.
Is this not dying fast enough?
Xiang Xiaqiang completely ignored the commotion of the audience below and said in an extremely inflammatory tone:
“The current financial industry is in desperate need of a change!”
“Without this revolution, there would no longer be SMEs!”
“Without this change, ordinary people who want to start a business would have a difficult time!”
"So! My opinion is, if you don't break it, you won't build it!"
"I often hear banks saying, oh, we will provide loans to small and medium-sized enterprises and entrepreneurs!"
"I have been hearing this for five years! But how many banks are doing this down to earth? Very few! Minimal!"
"Because the bank's bank today is still a pawnshop thought a few hundred years ago!"
"Enterprises that want to develop, as well as outstanding entrepreneurs who have no capital, don't have collateral to borrow money from banks!"
"And I, Xiang Xiaqiang, believe that the pawnshop mentality of mortgage cannot support the financial needs of future world development. The pawnshop mentality must be replaced by a credit system based on big data, so that credit equals wealth."
"This is also something that my Elephant Wanbei company has been promoting!"
"Let me tell you, I, Xiang Xiaqiang, have no interest in touching the cakes of our small and medium-sized enterprises and private enterprises!"
"On the contrary, I am very interested in shaking up state-owned enterprises, hey!"
"Don't you like to play monopoly? I just want to create a new financial model so that you can't monopolize it, make you sleepless and sleepless, and give all small and medium-sized enterprises and entrepreneurs new ways to borrow money!"
Whoa! ! !
A burst of deafening applause almost lifted the ceiling!
All the entrepreneurs present were applauding and applauding!
This made the presidents of several state-owned banks sitting below look even more ugly!
Comparing a bank to a pawn shop?
Are you saying banks don't do anything?
This is no longer connotation, this is already a face-riding output!
But Xiang Xiaqiang had no intention of stopping, and instead became more and more excited as he talked!
"Today, as Elephant is about to go public, I want to say something at the Hong Kong City Summit: if-the-banks-do-not-change, let's-change-the-banks!"
“If the banks don’t change, we will change the banks!”
Boom~~~~
As soon as this sentence came out, the entire audience stood up collectively, and the cheers, applause, and whistles were as deafening as the explosion of a nuclear bomb!
When he turned around and looked over, the presidents of the four major banks were already as pale as a sheet of paper.
This is not fucking a face-saving output, this is murder and heart-wrenching! ! !
Are you clearly saying this to scold us for our inaction?
When the applause fell, a voice suddenly came from behind:
"Mr. Xiang, I think banks should have a "pawnshop" mentality!
Banks only misappropriate depositors' funds, and risk control is the first priority.
Depositors are the creditors of the bank and the owners of the bank’s assets!What if banks do not control risks and systemic risks arise? "
As soon as these words came out, the presidents of the four major banks looked much better, and they all followed the audience's gaze and focused on the perpetrator.
The speaker was dressed in a white suit, elegant and handsome, like a prince from a fairy tale.
Surprisingly, it was Chen Mo!
Xiang Xiaqiang's face suddenly darkened.
Chen Mo actually came here to cause trouble for him!
Doesn't this prevent him from stepping down?
However, in front of so many financial giants, Xiang Xia Qiang couldn't find it easy to attack, so he could only say with a smile:
"I say this also for the sake of our private enterprises and entrepreneurs."
"If banks continue to maintain the current financial model, ordinary people and small and medium-sized enterprises will never have the opportunity to make big money!"
Chen Mo smiled mockingly: "Mr. Xiang, you are so unconscionable. You are talking about changes and financial models here. Is your purpose really for the majority of entrepreneurs and small and medium-sized enterprises?"
"What you want to do is to lend out people's money at the lowest cost and make high-risk investments. If you end up taking the bulk of the money, will you lose? Who will suffer the loss in the end?"
Xiang Xiaqiang: "..."
He was speechless by Chen Mo.
The presidents of the four major banks instantly had smiles on their faces, and they all gave Chen Mo a satisfied smile.
Although they don't know Chen Mo, their favorability towards Chen Mo has reached its limit!
Seeing that the situation was out of control, Xiang Xiaqiang could only bite the bullet and said:
"But in fact, our Elephant Company is indeed creating a financial model that allows everyone to have money and loans! You can't deny this, right?"
Chen Mo smiled and said: "Is this really the case? If it is really based on credit as you said, then why does your company require users to submit all relevant information such as work, garage, etc.? Wouldn't it be better to just let users borrow money based on credit?"
"Also, banks not only have consumption reserves, but also credit loans. Then, they are lending money to users based on credit!"
"You say that everyone can borrow money, but in fact there are still various restrictions. People who can eventually borrow a lot of money to start a business can still borrow money from the bank."
"It's impossible for ordinary people to borrow big money from your company!"
Xiang Xiaqiang: "..."
Oye! ! !
Beat him to death!Beat him to death!I'll beat this bastard to death! ! !
The presidents of the four major banks almost jumped to cheerleading for Chen Mo!
Chen Mo pressed forward step by step, saying with heart-wrenching words:
"We have repeatedly emphasized that we are technology finance, not a simple financial company. But this is not the case. Under the guise of technology, we are still playing the old trick of eating interest rates.
Based on the so-called big data, what kind of bullshit credit loans are there with annual interest rates as high as 26%-59%? What kind of technology is this? "
"Oh, by the way, Mr. Xiang, how do I remember that in Daxia, it is illegal if the annualized interest rate is greater than 25%?"
"Can you answer this question for me?"
Xiang Xiaqiang: "..."
At this moment, Xiang Xiaqiang's forehead was covered with sweat.
Chen Mo had already beaten Xiang Xiaqiang to the point where he felt like he was on pins and needles, and felt like a lump in his throat!
The audience in the audience also changed from the admiration just now to weird expressions. They pointed at Xiang Xia Qiang and started talking in low voices.
"Xiang Xiaqiang is so shameless!"
"Yeah, it's essentially just a loan company that eats interest rates, and it's still confronting banks here!"
"I don't have to play anymore!"
"..."
Listening to the comments from the audience, Xiang Xiaqiang finally couldn't stand it any longer and roared:
"security guard!!!"
“Where’s the security???”
"This person is here to cause trouble! Get him out quickly!!!"
