The Ups and Downs of the Silver Sea and the Rise and Fall of the Shen Family

Using finance as a mirror, we can see the rise, infighting, decline and rebirth of a family in the tide of the times. In 1900, Shen Boheng, a wealthy financial family from Shanghai's Tangyongbang family, split up on his deathbed, and each of his three sons got a bank, a bank, and an insurance company. The second son, Shen Muyuan, was only assigned to the least valuable Chinachem Bank, and was ostracized by his elder brother. However, he used his courage to deal with warlords, gangs and foreigners, relying on military bills, government bonds, and securities to gradually build Chinachem into one of the three major Chinese-owned banks in Shanghai. When the Shen family was at its peak, it was known as "Shen Bantian". However, the brothers were feuding, the housekeeper was betraying, and his nephews were squandering, and internal and external troubles came one after another. When the Anti-Japanese War broke out, his brother who stayed on an isolated island was assassinated. Shen Muyuan withdrew to Chongqing to continue the financial secret war. On the eve of liberation in 1949, faced with the decision of whether to stay or go, Shen Muyuan burned all the land deed bonds in Shen Mansion, leaving behind a sentence: "If the money is gone, you can make more, but if the people are gone, there is nothing."