Chapter 493 Strong Reactions From Major Banks in Hong Kong!

Queen's Road Central, Hong Kong.

Huifeng Bank Building.

Chairman's Office.

Shen Yi was looking through the window at the Empire Group Building under construction in the distance.

The Empire Group Building was built on the original site of the Murray Building. After the Murray Building was bought by the Empire Group through Wharf at a high price, the famous Chinese architectural design master Mr. Ieoh Ming Pei was hired to design it.

It shocked Hong Kong and the world at that time.

The Empire Group Building is 699 meters high. If lightning rods are added in the future, it should be more than 700 meters high. It is not only higher than the top of Victoria Peak, but also the tallest building in Central District of Hong Kong Island.

Since construction began in 1978, in Shen Yi's opinion, the construction of the Empire Group Building is increasing at the speed of the naked eye.

It may not be as fast as Pengcheng, one floor in three days, two floors in five days, but the speed is not slow, especially after the foundation is built, the construction will be much faster.

From the second half of 1978 to now, 1980, it has been less than two years. At this time, Shen Yi feels that the Empire Group has grown up, which makes him feel depressed.

This morning, when playing golf, Sir Yang had told him in advance about the cancellation of the common area of ​​the real estate company under the Empire Group. When he came back, the more he thought about it, the more he felt that it was not simple.

In his opinion, I am afraid that only people like Sir Yang in Hong Kong can do such a bold thing.

Li Jiacheng and Bao Yugang, who he had always been optimistic about, did not dare to do it at all, and it was impossible for them to do it.

Cancel the common area.

The first to benefit, of course, are the home buyers in Hong Kong, and the major banks in Hong Kong.

Sir Yang had told him in advance, but Sir Yang had not announced the news yet, so he naturally could not tell it in advance.

Shen Bi returned to his seat, took a sip of coffee, and looked at the Patek Philippe he was wearing.

There was a knock on the door outside.

His female secretary came in and said, "Chairman, just now the Jardine Matheson Group of the Empire Group suddenly announced that all the real estate companies under the Empire Group will cancel the common area."

Shen Yi looked at the time and it was just past 19:00 in the evening.

"Immediately notify the executives of each department to hold a meeting."

"Yes, Chairman."

In the afternoon, Shen Yi said in advance that there would be important things to discuss with them at the Huifeng Bank Building tonight, but no one knew what it was.

When Shen Yi came to the Huifeng Bank meeting room.

The directors of HSBC, Vice Chairman John Bao, Director Mao Shili, and hundreds of other executives of Huifeng Bank were all present.

The last time Shen Yi sold Hutchison Whampoa to Mr. Yang was during the Spring Festival of 1978. At that time, Shen Yi did not hold so many executive meetings.

This time, Shen Yi actually held so many executive meetings in the name of the chairman, letting the executives of Huifeng Bank understand that there must be something very important today.

In early 1978, the Hong Kong Governor's Office actively planned to develop Hong Kong into an international financial center.

In March 1978, the Hong Kong Governor's Office announced the relaxation of the restrictions on the suspension of bank licenses implemented since the banking boom in 1965.

In the following nine months, 27 licenses were issued at one go.

This also introduced a large number of American banks and Oriental banks into Hong Kong.

This means that Hong Kong was originally dominated by Chinese banks such as Huifeng Bank, Zanda Bank, and Hengti Bank, which monopolized Hong Kong's banking industry.

After March 1978, a large number of bank licenses were issued, and a large number of American banks and Oriental bank capital entered Hong Kong. Hong Kong's financial industry developed rapidly in a short period of time. In the early 1980s, Hong Kong had completely become the third largest financial city in the world, laying the foundation for the development of Hong Kong's financial industry.

With more banks in Hong Kong, the competitiveness is naturally stronger.

It is impossible to be like before.

Shen Yi knew very well that the current Huifeng Bank would not only compete with the original Hong Kong Zada ​​Bank and Chinese banks, but also with the M country bank and the Oriental bank.

This time, the Empire Group announced that all its real estate businesses would cancel the common area.

In Shen Yi's view, it would definitely be beneficial to the development of Hong Kong real estate.

Hong Kong home buyers basically need loans, which means that this will be a very large business.

For all the bank's loan businesses, mortgages are the best customers, and they need to compete with the Oriental Bank and the M country bank for those high-quality customers.

"Just now, the Empire Group announced that all its real estate businesses would cancel the common area. Hong Kong's real estate stocks and bank stocks will soar tomorrow. In addition, Hong Kong's home buyers will increase significantly, which means that there will be more high-quality customers who borrow money for home purchases. If it was in the past, most of these high-quality customers were eaten up by our Huifeng Bank and Hengtie Bank, but now that the Oriental Bank and the M country bank have joined, our competitiveness is not so strong."

All the executives present are smart people.

When they heard Shen Yi say that Empire Group would cancel the common areas of all its real estate properties, they knew that this matter would indeed have a great impact.

Since 1976, Hong Kong's real estate has been rising and very prosperous, especially since the second half of last year, Hong Kong's housing prices and land prices have soared rapidly.

After entering 1980, Hong Kong's housing prices soared even faster.

As for real estate, just like the stock market, there are many investors who chase high prices. They are afraid of falling stock prices and house prices. If real estate keeps rising, they can buy with confidence.

Those real estate investors not only buy one house, but also buy several or even dozens of houses.

For Hong Kong investors, if they bought it a few years ago, they should have doubled their money if they sell it now.

"You should know that if we beat Dongyang Bank and M Bank in this competition for those high-quality customers, we can get more high-quality customers."

Shen Yi looked at the executives present and said.

These are the elites of the elites of Hong Kong, all top students, whether white or Chinese, they are the most powerful people.

If it weren't for the emergence of the Empire Group, many Chinese elites were gathered.

At this time, Huifeng Bank Group would have more Chinese elites in it.

The meeting ended.

Huifeng Bank is brightly lit tonight.

I'm afraid many people will have to work overtime tonight.

The others left.

Shen Yi and Bao John went upstairs.

Upstairs is Shen Yi's large flat-floor mansion in Huifeng Bank. Most of the time, he rarely lives here. Now, during this period of time, I am afraid he has to live here to work overtime.

"Mr. Shen, why did Sir Yang suddenly cancel the common area?" Bao Yuhan asked in surprise.

Bao Yuhan now really admires Shen Yi's vision, and he was able to choose Mr. Yang instead of Li Jiacheng or Bao Yugang.

"In the morning, when Sir Yang asked me to play golf, he actually told me and Governor Mai Lihao."

Sir Yang said it in advance?

Bao Yuhan thought about it and felt that it was normal.

Now Sir Yang and Shen Yi have a complicated relationship.

In addition, the cooperation between Empire Group and Huifeng Bank has long been very in-depth.

Chapter 1!

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