Chapter 744 Mr. Yang's Generosity Completely Shocked Mr. Li and Bao

Chapter 744 Mr. Yang's big move completely shocked Mr. Li and Mr. Bao!

Empire Group officially announced that it would spend HK$1 billion to acquire Overseas Trust Bank, and announced that it would inject HK$5 billion into Overseas Trust Bank.

After this news was spread by Hong Kong reporters, it immediately shocked all walks of life in Hong Kong again.

9:30 am.

As a listed company, Overseas Trust Bank was taken away by ICAC for investigation last night because of Huang Changzan's surrender. The exchange knew that if the Overseas Trust Bank was trading normally, it would definitely be affected.

Today, Overseas Trust Bank has been suspended.

In addition, Hong Kong's Huifeng Bank, Hengtie Bank, Bank of East Asia, etc., all began to fall when the stock market started trading today.

As a last resort, the stock market trading ended in the morning, and the listed bank stocks in Hong Kong were suspended in the afternoon.

In addition, affected by the crisis of Hong Kong's Chinese banks and the debt crisis of Hong Kong's real estate, all major listed companies in Hong Kong, except for some companies, have begun to fall sharply.

The stock market crisis in Hong Kong seems to have begun to appear.

. . .

9:30 am.

The office of the chairman of Changgang Industrial Group.

Li Jiacheng is at work.

At this time, the phone in the office rang.

The female secretary went to answer it.

"Mr. Li, it's Mr. Zhou who called."

The so-called Mr. Zhou is naturally Zhou Qianli.

Li Jiacheng took the landline phone receiver.

"Qianli, what's the matter?"

"Boss, something very important just happened in Empire Group."

"Then come to the office and tell me."

It's Empire Group again?

Did something happen in Empire Group?

Li Jiacheng was still wondering.

Zhou Qianli wanted to say something, but he found that his boss Li Jiacheng had hung up the phone.

Last night, Li Jiacheng heard that Huang Changzan, chairman of Overseas Trust Bank, the third largest bank in Hong Kong, had called the police and surrendered himself. He guessed that this incident would affect all major banks in Hong Kong.

It really happened. In addition to Overseas Trust Bank, all major Chinese banks in Hong Kong seem to be greatly affected.

Li Jiacheng had never thought that all the Chinese banks in Hong Kong were actually involved in real estate.

Now that Hong Kong real estate continues to fall, it is conceivable how serious the debts of these Chinese banks are.

Li Jiacheng is different from other real estate companies for his Changhuang Industrial Group. Most of the other real estate companies borrow from banks and have a relatively high debt ratio.

On the contrary, the debt ratio of Changhuang Industrial Group has never been too high.

However, the cash flow of Changhuang Industrial Group is not high now, and it is difficult to get funds from Huifeng Bank.

When Li Jiacheng sat down to drink water, there was a knock on the door.

The female secretary opened the door and it was Zhou Qianqi.

"Boss."

"What happened to the Empire Group?"

"Boss, the Empire Group just held a press conference. Mr. Mai Lisi, the general manager of the Empire Group, announced that he would spend 1 billion Hong Kong dollars to acquire the Overseas Trust Bank. In addition, he also announced that he would inject 5 billion Hong Kong dollars into the Overseas Trust Bank!"

It is equivalent to taking out 6 billion Hong Kong dollars to acquire the Overseas Trust Bank!

This Empire Group is really a big deal!

Li Jiacheng was envious and surprised that the Empire Group had so much money.

In this case, it actually spent so much money to acquire this overseas trust bank with such a serious debt.

Is it worth it?

"In addition, the chairman of the Empire Group, Sir Yang, said something in front of reporters, thinking that the debt crisis of the Chinese-funded banks in Hong Kong was found to be closely related to the real estate industry in Hong Kong, which is a good thing and a bad thing. However, Sir Yang believes that the stability of the Chinese-funded banks in Hong Kong is very important for the financial development of Hong Kong."

When Zhou Qianqi said that.

Li Jiacheng thought of it.

The Empire Group first swallowed up Hang Lung Bank, and now it has swallowed up the Overseas Trust Bank.

Overseas Trust Bank also has Chinese Bank and Industrial and Commercial Bank of Hong Kong.

Li Jiacheng really envied the Empire Group for owning so many banks.

He also knew that the Empire Group was getting bigger and bigger. It turned out that a lot of funds were placed in Huifeng Bank and Zada ​​Bank. The Empire Group must hope to have its own bank.

I just don't know if the acquisition of these Chinese banks by the Empire Group will have a big impact on Huifeng Bank?

Judging from the sharp drop in the stock markets of Huifeng Bank, Hengti Bank, etc., the impact is still very large.

"Boss, this Sir Yang is really not simple." Zhou Qianqi said.

Can Sir Yang be simple?

What's more, Sir Yang has masters around him.

In addition to Mai Lisi, Ma Shimin, and Wei Peter, Li Caixin, which one is an ordinary person?

Li Jiacheng could only sigh.

For Li Jiacheng, after he missed out on Wharf Holdings and Hutchison Whampoa, he knew that it would be difficult for the Li family to undergo greater changes.

This time, Hong Kong is not only experiencing a crisis of Chinese banks, but also a debt crisis caused by the decline of Hong Kong real estate. It can be said that the real estate crisis in Hong Kong is more serious.

He also doesn't know when this crisis will be over.

Li Jiacheng feels that as long as he can safely get through this Hong Kong real estate crisis, it will be fine.

When Li Jiacheng and Zhou Qianqi were lamenting Sir Yang's acquisition of Overseas Trust Bank.

. . .

Prince's Building.

The office of the chairman of Global Shipping Group.

Bao Yugang also just came to the office and sat down.

In his office, he first read the newspapers and periodicals. In addition to discovering that when Hong Kong began to erupt in a crisis similar to the Chinese bank crisis in the 1960s, Bao Yugang was really worried about financial problems in Hong Kong.

Now that Hong Kong's shipping industry has been affected by the global impact, problems have already appeared. Then there are problems in the real estate industry. Now it is the turn of the financial industry to have problems. The impact on Hong Kong and even the entire industry will be great.

Bao Yugang shook his head and could only say that Xiangjiang relied too heavily on the real estate industry. Now it is because Xiangjiang's real estate industry affects Xiangjiang's financial industry.

"Father, something big happened to the Imperial Group." Someone was suddenly pushed away from the door.

Wu Guangzhen ran in and said.

Bao Yugang no longer knew what to say to Wu Guangzhen's appearance.

The female secretary left directly and closed the door of the chairman's office.

"Father, the Imperial Group just held a press conference and announced that it would spend 1 billion Hong Kong dollars to acquire Overseas Trust Bank. In addition, it also injected 5 billion Hong Kong dollars into Overseas Trust Bank. Father, the Imperial Group was really generous, actually spending 6 billion Hong Kong dollars. Come and save this Chinese bank.”

Wu Guangzhen said enviously from the side.

Sir Yang of Imperial Group actually spent HK$6 billion to rescue Overseas Trust Bank?

Not only was Wu Guangzhen shocked when he heard the news just now, but Bao Yugang was also very shocked now.

This is 6 billion Hong Kong dollars, not 60 million, nor 600 million Hong Kong dollars.

At this time, in Hong Kong in the early 1980s, it was really a lot of money.

However, the Imperial Group was able to take it out. Why wasn't Bao Yugang shocked?

At this moment, Bao Yugang really felt how big the gap was between Global Shipping Group and Imperial Group!

Chapter VII!

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