Chapter 747 Hong Kong Bank Tycoon! Acquired Hong Kong Eleven in Half a Month

Chapter 747 Hong Kong Bank Tycoon! The acquisition of 11 Chinese banks in Hong Kong in half a month shocked the world! !

The day after the Empire Group acquired Overseas Trust Bank.

9:00 am on September 14, 1982.

The Empire Group announced that it would acquire Daoheng Bank for 50 million Hong Kong dollars and inject 200 million Hong Kong dollars.

21:00 pm on September 14, 1982.

The people sent by Mai Lisi negotiated with Feng Jingxi of the Feng family. The Empire Group acquired 75% of the shares of Sun Hung Kai Bank for 200 million Hong Kong dollars and injected 100 million Hong Kong dollars.

9:00 am on September 15, 1982.

The Empire Group announced that it would acquire Ka Wah Bank from Liu Cansong for 50 million Hong Kong dollars and inject 400 million Hong Kong dollars.

21:00 pm on September 15, 1982.

The Empire Group announced that it would acquire Wing On Bank from the third generation heir of the Guo family for HK$50 million and inject HK$300 million.

9:00 am on September 16, 1982.

The Empire Group announced that it would acquire Kangnian Bank for HK$10 million and inject HK$200 million.

21:00 pm on September 16, 1982.

The Empire Group announced that it would acquire Union Bank for HK$10 million and inject HK$300 million.

22:00 pm on September 16, 1982.

The Empire Group acquired Guang'an Bank for HK$50 million and injected HK$500 million.

. . .

Within a week of the outbreak of the Chinese banking crisis in Hong Kong.

The bank runs that broke out in the Chinese banks in Hong Kong swept across Hong Kong, and even the nearby Chinese banks in Haojiang, Nanyang, etc. were greatly affected.

However, it followed.

The Empire Group first acquired Hang Lung Bank with a full capital of HK$100 million and injected HK$500 million to solve Hang Lung Bank's debt problem.

After acquiring Hang Lung Bank.

The Empire Group acquired Overseas Trust Bank with a full capital of HK$1 billion and injected HK$5 billion to solve Overseas Trust Bank's debt problem.

In addition, after the Empire Group acquired Overseas Trust Bank, its subsidiaries, Chinese Bank and Industrial and Commercial Bank of Hong Kong, also fell into the hands of the Empire Group.

Not long after this incident.

The Empire Group's subsequent series of acquisitions shocked Hong Kong, shocked the wealthy businessmen in Nanyang, and shocked the global financial and banking industry.

Except for the Sun Hung Kai Bank of the Feng family, the Empire Group only acquired 75% of the shares, and all other Chinese banks, including Daoheng Bank, Ka Wah Bank, Wing On Bank, Kangnian Bank, Union Bank, and Guang'an Bank were fully acquired by the Empire Group.

In other words.

In less than half a month.

Most of the Chinese banks in Hong Kong fell into the hands of the Empire Group.

In addition to Hang Lung Bank, Dao Heng Bank, Overseas Trust Bank, Chinese Bank, Industrial and Commercial Bank of Hong Kong, Sun Hung Kai Bank, Ka Wah Bank, Wing On Bank, Kang Nian Bank, Union Bank, Guang An Bank.

Compared with the ten Chinese banks that Yang Ming originally planned to acquire, there is now one more Guang An Bank.

In other words, all these Chinese banks are now in the hands of the Empire Group.

The series of acquisitions by the Empire Group and Sir Yang really shocked all walks of life in Hong Kong, as well as Nanyang and the world.

In this series of acquisitions, in addition to the Empire Group spending a lot of real money, it also injected large amounts of capital into these acquired banks, totaling nearly 10 billion Hong Kong dollars.

This may be the most expensive acquisition of Jardine Land, the leader of the four major foreign banks, by the Empire Group.

Yang Ming's identity has once again become a banking tycoon.

In Hong Kong, except for Huifeng Bank, other banks are actually difficult to compare with these banks of the Empire Group.

September 17, 1982.

Friday.

With the help of Ah Zhu and Zhong Chuhong, Yang Ming got up from the bed and changed his clothes.

At this time, Ah Zhu, Zhong Chuhong and Guan Jiahui looked at Yang Ming with different eyes.

In the past, they didn't know how rich Sir Yang was.

After the Chinese bank crisis broke out in Hong Kong, the Empire Group acquired a series of Chinese banks in a week and injected huge amounts of capital, which shocked Hong Kong.

In particular, Ah Zhu, Zhong Chuhong and Guan Jiahui didn't expect that Sir Yang could swallow up most of the Chinese banks in Hong Kong under such circumstances.

There are still Chinese banks in Hong Kong now.

Like Bank of East Asia, Shencheng Commercial Bank, Hong Kong Commercial Bank, Liao Chuangxin Bank, Wing Hang Bank, Far East Bank, Wing Lung Bank and a series of Chinese banks.

After the outbreak of Chinese banks in the 1960s, these Chinese banks have been more or less invested or controlled by American, British, Japanese and other capitals.

This time in the 1980s, when the Chinese bank crisis broke out in Hong Kong, these banks were not affected.

The Empire Group had no chance to eat them up.

"Master, are there any banks in Hong Kong that have been acquired by the Empire Group today?" Ah Zhu asked.

"No."

The problematic Chinese banks or those affected this time have basically been swallowed up by the Empire Group.

As for the Bank of East Asia, it is also very large among the banks in Hong Kong. Originally, Yang Ming also wanted to acquire shares or control it, but the major shareholders of the Bank of East Asia reacted quickly and did not give the Empire Group any chance.

The rest are either supported by American, British, or Japanese capital.

Yang Ming came down from upstairs.

He went swimming for a few laps first.

After changing into a set of clothes.

Yang Ming accompanied his parents for breakfast.

At first, Yang Jirong and his wife were also frightened by the Empire Group's series of acquisitions of Chinese banks.

A few days ago, basically, the news reported every day that the Empire Group acquired two Chinese banks.

Yang Jirong and his wife were shocked, frightened, numb, and slowly returned to normal.

Yang Ming accompanied his parents to finish breakfast.

Get in the car.

Chen Zhenhua drove away from here and drove to the Federal Building where the Empire Group is located.

A few days ago, the Chinese bank crisis broke out in Hong Kong. Many depositors and investors of those Chinese banks, including investors such as Heng Ti Bank and Bank of East Asia, lined up day and night to withdraw money.

With the Empire Group's series of acquisitions and capital injections of those Chinese banks.

Especially the depositors of Hang Lung Bank and Overseas Trust Bank, investors found that the Empire Group was taking money out of the bank with real money, and they took out cash from these banks.

In the security environment of Hong Kong, it is very unsafe.

Some investors deposited their money back to Hang Lung Bank or Overseas Trust Bank.

Some investors deposited their money back in Huifeng Bank, Zhada Bank, etc.

After this incident, the Empire Group showed its strong financial resources, which not only surprised the British capital in Hong Kong and made the Chinese capital drool, but also made the ordinary citizens of Hong Kong more confident in the Empire Group.

After the Empire Group announced the acquisition and capital injection, the investors and depositors of the Chinese banks that had problems deposited their money back in the banks.

So much so that a few days ago, every time Yang Ming got off work and passed by some branches of Chinese banks, he saw many people queuing up to withdraw money, and there was a serious bank run.

Now Yang Ming is sitting in the car, and looking outside, many branches of Chinese banks have not seen this situation again.

Now the Empire Group has acquired those Chinese banks, no matter how much debt those Chinese banks had before, the Empire Group will solve it by itself.

The Chinese bank crisis that broke out in the 1980s seems to be more serious than that in the 1960s.

It took the Empire Group almost half a month to solve it quietly.

Chen Zhenhua drove to the underground parking lot of the Federal Building.

Accompanied by them, Yang Ming took the elevator upstairs.

Chapter 3!

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