Rebirth of the Tech Madman

Chapter 515: My son made a good friend

With the reassurance of the staff of Sun Hung Kai Bank, the commotion among the crowd was finally stopped. Some even listened to the persuasion, gave up waiting and left. ",

"The world's richest man is like Sun Hung Kai Bank, so we don't have to work so hard if we deposit the money." Uncle De stretched his waist and planned to retreat.

"Can we compare with the world's richest man? 50 million US dollars may be a few months' income for others, but 50 million yuan is most of our life savings." Aunt De still insisted on withdrawing money.

"According to your opinion, there is no bank to be trusted." Uncle De looked depressed.

"At least HSBC is more reliable than this Sun Hung Kai Bank." Aunt De glared at Uncle De angrily.

"If the British are driven away, then it will be up to you where you go to ask for money." Uncle De snorted unconvinced and continued to line up honestly.

However, when Aunt De Shude finally got a few steps away from the service window, the business hours of Sun Hung Kai Bank also arrived, making them feel angry, but they couldn't come out.

Because the other party's work attitude was good, he couldn't blame it. He took the initiative to register for the old couple and promised to add a special withdrawal channel two days later.

"Okay, compare your heart to your heart. These children are a few years older than Dingtian and Ke Yi. They all act on orders. We don't care about it. It doesn't matter if we get the money a few days later." Uncle De comforted and supported him. Aunt De, left the hustle and bustle of the head office of Sun Hung Kai Bank and took the car home.

The carriage back and forth was very hard. Uncle De was so tired that he didn't even look at the evening paper he just bought, so he snored in the seat. If it wasn't for Aunt De to wake up, it would be necessary. I slept and stood.

"I didn't take out the money. I still took a lot of travel expenses back and forth." Aunt De, who had always been careful to live a life, complained a few heartfelt words, and then turned on the TV, "Check if Media Asia TV has anything about Sun Hung Kai Bank. Report."

"It should be. The newspapers are full of headlines. The world's richest man has invested in Sun Hung Kai Bank." Uncle De yawned and shook the newspaper in his hand.

Just as Uncle De expected. Today's financial program of Media Asia TV really revolves around Sun Hung Kai Bank. The host mentioned in his brief introduction, "In the next program, we will interview the chairman of Sun Hung Kai Bank and also the founder, Mr. Feng Jingxi. , And will also try to connect with Mr. Tang Huan."

"Today's show is about to have big shots." Uncle De suddenly lifted his spirits and his eyes lighted up.

"Now let us first understand the center of this news-Sun Hung Kai Bank." After introducing the review guests, the host guided the program to the topic.

...

The "Three Swordsmen" of Sun Hung Kai Properties decided to use their strengths. After their respective developments, Feng Jingxi, who smelled business opportunities from the establishment of the Hong Kong Far East Stock Exchange, the Far East Association, founded Sun Hung Kai Securities and Sun Hung Kai Finance in 1969.

As the first Chinese-owned securities brokerage company in Hong Kong, Sun Hung Kai Securities broke the monopoly of foreigners in the securities industry and attracted Chinese brokers to participate in the capital market game.

In a relaxed environment, Sun Hung Kai Securities quickly grew into the most powerful Chinese brokerage company, once occupying 20% ​​of the total trading volume of the Hong Kong stock market.

In order to increase the vitality of the Heung Kong Securities Market, Li Fuzhao, the founder of the Far East Club, introduced a competition mechanism. Removal of restrictions has prompted an influx of international securities companies into the Hong Kong market. The market position of Sun Hung Kai Securities was thus weakened.

At this time, Sun Hung Kai Financial, which has been undertaking the financial management function of Sun Hung Kai Securities and acting as an auxiliary role, has grown. In 1979, its total assets reached 1.8 billion Hong Kong dollars, and the time was ripe for transformation into a commercial bank.

So in that year. Sun Hung Kai Finance went public, and in March 1982, it obtained a banking license and officially changed its name to Sun Hung Kai Bank, which is what everyone sees today.

Although Sun Hung Kai Bank has been licensed for less than two years. But its strength is still considerable.

In 1978 and 1980, the company successively introduced the French Pelita Group and the American Merrill Lynch Group as strategic shareholders to jointly develop the "transnational financial supermarket".

Feng Jingxi himself became the largest individual shareholder of Merrill Lynch through the exchange of equity. His net worth is estimated to reach 2.4 billion yuan, and he is known as the "godfather of the stock market."

But at the peak of real estate, Sun Hung Kai Bank invested 300 million yuan, equivalent to 70% of its equity, to purchase the current head office building.

With the real estate depression and banking crisis that broke out last year, Sun Hung Kai Bank began to face the dual difficulties of insufficient funds and massive loss of deposits.

...

"Real estate investment is really a double-edged sword. Once you miss it, you will be dragged into the water." Uncle De shook his head sighfully.

"You know that eating radishes is not anxious." Aunt Dee glared at Uncle De. "Tomorrow you go to Sun Hung Kai Bank to take out the money by yourself. I won't follow along. It's a little bit less travel expenses."

"Go ahead..." Uncle De's head grew louder.

...

At this time, Feng Jingxi was also expressing emotion to his eldest son Feng Yongfa, "Perhaps, I shouldn't have bought this Sun Hung Kai Bank headquarters building, or else I won't be dragged down by the economic depression and get messed up."

"Don't think too much about it." Feng Yongfa persuaded: "Mr. Tang is willing to help, and he has no intention of entering the banking industry. Sun Hung Kai Bank is still in the hands of our Feng family."

"Thanks to my son who has made a sincere and extraordinary good friend!" Feng Jingxi sighed with lingering fear.

After Sun Hung Kai Bank was caught in a financial dilemma, its other two major shareholders, the French Bailida Group and the American Merrill Lynch Group, would of course not sit idly by, but on the condition that Feng Jingxi surrendered 51% of the controlling rights.

You know ~www.wuxiaspot.com~ In Feng Jingxi's financial kingdom, Sun Hung Kai Securities and Sun Hung Kai Bank are in the right-hand position. No matter which one is missing, it is a major loss.

Just as the pressure grew and Feng Jingxi was about to give in, his eldest son, who was unwilling to inherit the family business, unexpectedly brought him back in time to get him out of the predicament.

In particular, Tang Huan’s terms were very kind. He only asked for 20% of the shares as much as the French Pelita Group and the American Merrill Lynch Group, and sent 50 million US dollars in deposits, even willing to directly convert them. For Hong Kong dollars.

At this time, the exchange rate of the Hong Kong dollar against the US dollar has fallen to 9.6. According to this situation, it is just around the corner to break the 10th. No one knows when the devaluation of the Hong Kong dollar will stop.

"Don't blame me for being disobedient." Feng Yongfa helped his father check his clothes, "you seem to have a lot more white hair."

"It's okay. I'm getting older, plus I've been working hard recently. It's normal." Feng Jingxi waved his hand disapprovingly.

At this time, the assistant came to report that the outsiders were ready for an interview with Media Asia TV. (To be continued.) u

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