Chapter 1143 Empire Group Cancels Cooperation with Huifeng Bank!

When Shen Yi decided to transfer Pu Weishi to Country M, he had already decided to sell Huifeng Bank to Empire Group.

Except Pu Weishi.

Many important executives of Huifeng Bank, who were supported by European shareholders, were basically transferred.

For a while, the changes in the executives of Huifeng Bank attracted the attention of many people.

At this time.

In addition to Yang Ming, Mai Lisi, Ma Shimin and others who were aware of the personnel changes in Huifeng Bank, they knew that Shen Yi was already preparing for the Empire Group to take over Huifeng Bank.

If it is said that the changes in important executives such as Pu Weishi of Huifeng Bank have attracted the attention of many people.

Then the next news is the investors in Hong Kong and even the world.

In 1978.

Huifeng Bank and Empire Group reached a secret agreement, in which Huifeng Bank sold all its shares in Hutchison Whampoa to Empire Group, and Empire Group successfully swallowed up the second largest foreign company in Hong Kong at that time.

After that, the Empire Group and Huifeng Bank established the Huifeng Bank & Empire Group Fund. This fund started in 1978. In the first year, Huifeng Bank provided 10 billion Hong Kong dollars as an investment fund.

Huifeng Bank received a return rate of 10 points, which means that between 1978 and 1979, Huifeng Bank made a profit of 1 billion Hong Kong dollars with this joint investment fund.

Then, Huifeng Bank continued to invest in investment funds.

Among them, the Empire Group took those investment funds as preparatory funds, and the Empire Group also used them for a series of acquisitions in recent years.

On the other hand, Huifeng Bank also relied on these investment funds to obtain stable returns every year.

From 1 billion Hong Kong dollars in the first year, 1.5 billion Hong Kong dollars in the second year, 2 billion Hong Kong dollars in the third year, and last year in 1986, Huifeng Bank relied on this investment fund to earn up to 4.5 billion Hong Kong dollars.

Far exceeded the returns of Huifeng Bank's own investments in other areas.

The total investment income from other aspects just exceeded HK$2 billion.

It can be said that the return rate obtained by using the joint fund in cooperation with the Empire Group is very high and very stable.

Now.

Investors in Hong Kong and even the world suddenly heard a news.

The Empire Group is going to cancel the joint fund cooperation with Huifeng Bank.

That means that Huifeng Bank will lose this very stable investment return and high profit.

At this time, even the Empire Group and Huifeng Bank have not officially announced.

However, this has made investors in Huifeng Bank in Hong Kong delusional.

In recent years, when many Hong Kong citizens have money, they either buy gold or buy Huifeng Bank stocks, mainly Huifeng Bank stocks. Although the increase is not very strong, the annual dividends are very good.

Especially in the years when Huifeng Bank and the Empire Group cooperated in investment, those Hong Kong investors bought Huifeng Bank stocks and received good dividends every year.

If the Empire Group announces the joint fund with Huifeng Bank now, it means that Huifeng Bank will lose the most important profit return starting this year.

February 2, 1987.

The fifth day of the Chinese New Year.

Monday.

Today, the Hong Kong United Stock Exchange has just opened normally.

9:30 am.

Many Hong Kong investors immediately poured into the Hong Kong stock market today.

When the stock market was trading normally, many Huifeng Bank investors immediately sold their stocks.

Except for the past two days, they suddenly heard that the Empire Group was going to cancel the joint fund cooperation with Huifeng Bank, and Huifeng Bank would lose the most stable net profit and return, which also meant that Huifeng Bank's annual profit would plummet, and even, it meant that Huifeng Bank's stock price plummeted, and dividends also plummeted.

After many investors of Huifeng Bank sold those stocks, some investors poured into Hong Kong Overseas Trust Bank, Hang Lung Bank, and Jardine Matheson Bank. These banks controlled by the Empire Group began to be trusted and sought after by those investors.

Deep Water Bay Bao Family

Bao Yugang was resting at home, so he did not go back to work at the Global Group in Prince's Building.

As for Wu Guangzhen, although his main business is in China, the company's headquarters is still in Prince's Building. Today, he had just arrived at the company not long ago, and immediately rushed back to the Deep Water Bay Mid-Levels Villa.

The Bao family is a major shareholder of Huifeng Bank, owning 20% ​​of the shares, but these shares only have dividends, and they do not have any management rights or even voting rights for Huifeng Bank.

Two days ago, Bao Yugang also heard that in addition to personnel changes, Huifeng Bank may terminate its cooperation with the Empire Group.

This made Bao Yugang dare not believe whether Huifeng Bank had any major problems?

However, he felt it was impossible.

In 1985, the Bao family was divided into four parts, and the Bao family's shares in Huifeng Bank already belonged to the fourth daughter and the fourth son-in-law. Now Zheng Weijian and his wife are the major shareholders of Huifeng Bank.

"Father, I wonder if there is something big going on in Huifeng Bank?" Wu Guangzhen hurried back and said.

When Bao Yugang saw Wu Guangzhen, he had already made many phone calls, but he couldn't get anything out of him.

"Guangzhen, I also feel that something big might happen to Huifeng Bank. But I don't understand why the Empire Group suddenly announced the cancellation of cooperation with Huifeng Bank."

As a major shareholder, he actually had no right to know about the secret agreement signed by Shen Yi when he sold all the Hutchison Whampoa shares held by Huifeng Bank to the Empire Group.

However, over the years, the cooperation between Huifeng Bank and Empire Group has actually made a lot of money.

In other words, it was very worthwhile for Shen Yi to sell Hutchison Whampoa to Empire Group at that time.

Now, Empire Group and Huifeng Bank have cooperated for eight years to establish this joint fund. It is normal to cancel it now. If the original secret cooperation agreement was for eight years, then it is even more normal to cancel it after eight years.

"I think something big may happen to Huifeng Bank." Bao Yugang said.

Although he didn't know what it was, he vaguely felt that it might be a big deal, even more important than when Huifeng Bank handed Hutchison Whampoa over to Sir Yang and Empire Group.

"Father, why don't you notify Weijian and Fourth Sister?"

Now Zheng Weijian and his wife hold the Bao family's shares in Huifeng Bank.

"I think Mr. Shen will definitely notify all major shareholders and directors."

A few days ago, in addition to a series of transfers of important executives of Huifeng Bank such as Pu Weishi, it is now reported that the fund cooperation between Empire Group and Huifeng Bank has been cancelled. In Bao Yugang's opinion, Shen Yi will definitely notify them to attend the meeting.

Moreover, this matter has such a great impact that it may even cause Shen Yi to retire early.

. . .

The chairman's office of Empire Group Building.

In addition to Yang Ming, Lin Xiuzhi, He Chaoxuan, and Alina are all here, while Yingla and her second brother Tasin are returning to their hometown Meicheng for the first time to trace their roots.

Now it is reported that Empire Group is going to cancel the fund cooperation with Huifeng Bank, which is indeed a very important step for Empire Group to acquire Huifeng Bank.