Chapter 1072 The godfather of the Hong Kong stock market!

Thaxin discussed cooperation with the imperial group cabinet.

That afternoon.

Yang Ming got off work and took the car back to the Repulse Bay Villa with Yingla and Alina.

Just got back there.

Lin Dezhong came over and said: "Boss, Mr. Li Fuzhao, chairman of the Hong Kong United Stock Exchange, is here to visit you."

Li Fuzhao?

Yang Ming naturally knew.

It's the Li family.

Not only is Li Guanchun's youngest son, he is also related to Chinese Land and Oriental Bank. Most importantly, the other party has always been the Hong Kong Stock Exchange, a very important representative of the financial community.

In 1969, led by Li Fuzhao, the Far East Stock Exchange was established.

Historically, Li Jiacheng's Changchun Industrial was listed on this exchange in November 1972.

By the early 1980s, the Far East Exchange had become the exchange with the largest trading volume among the four exchanges in Hong Kong, with a daily trading volume of HK$100-200 million.

On March 27, 1986, 57-year-old Li Fuzhao joined forces with people in the financial industry to merge four stock exchanges, including the Hong Kong Exchange and the Far East Exchange, as well as the Gold and Silver Exchange and the Kowloon Exchange, into the Hong Kong United Exchange.

Since then, the Stock Exchange has become the only institution in Hong Kong with the power to approve companies' listing applications, and Li Fuzhao served as the first chairman of the Stock Exchange.

When a worldwide stock market crash occurred in 1987, the Hong Kong Stock Exchange announced an unprecedented four-day suspension, becoming the only stock market to be suspended during the stock market crash.

As the chairman of the Stock Exchange, Li Fuzhao came under fire at the time.

Many attendees were deeply impressed by the grumpy Li Fuzhao at that time.

It is said that an Australian reporter asked questions at that time, suspecting that Li Fuzhao's order to suspend the market was related to personal interests.

At that time, Li Fuzhao pointed his index finger at the reporter, smashed his fist on the table, and claimed that the reporter had maliciously defamed him and would issue a court summons to the reporter.

Eventually, the reporters were taken away from the venue. After this incident, Li Fuzhao was criticized by the Western media. At the end of the same year, the Stock Exchange re-elected Li Fuzhao as only vice chairman.

After the resumption of trading, the Hong Kong stock market fell by one-third that day. This performance added more controversy to Li Fuzhao's order to close the stock market at that time.

In the second year of his tenure as deputy chairman of the Stock Exchange, ICAC arrived at Li Fook-chiu's residence on Shouson Hill Road at 6 a.m. and arrested him on suspicion of accepting bribes when approving listing applications.

Subsequently, the manager of the listing department of the Stock Exchange and another person involved were arrested.

In 1990, Li Fuzhao was sentenced to four years in prison. His sentence was later commuted for good behavior and he served a total of 32 months in prison. Regarding this arrest, Li Fuzhao never stated clearly whether he was greedy or not. He only said that it was due to other factors and said: "There are many things that I don't want to tell the public."

This move once aroused public criticism, believing that ICAC should not disclose the identity of the arrested persons before formal prosecution. After being released from prison, Li Fuzhao was 65 years old.

He later moved to Siam and lived a retired life.

He later died of cancer recurrence at the Queen Mary Hospital in Hong Kong at the age of 86.

Li Fuzhao knew about the Imperial Group and Sir Yang, but he didn't know that Yang Ming knew Li Fuzhao very well.

Li Fuzhao is known as the godfather of the stock market in Hong Kong.

Before him, Hu Hanfei was known as Xiangjiang's financial king.

These two people played a very important role in Hong Kong's stock market and finance.

Originally, Yang Ming and Li Fuzhao did not have many points of contact.

After all, in addition to stock speculation in the past few years, the Imperial Group's series of acquisitions are all normal and legal acquisitions.

However, last year, Imperial Group suddenly acquired Liu Lianxiong's Aimegao Company and Chinese Real Estate. At that time, Li Fuzhao sold all the Chinese Real Estate shares he held and the Chinese Real Estate shares held by his friends directly to Imperial Group.

Because in Li Fuzhao's view, since the Imperial Group is interested in Chinese real estate, neither the Li family nor the Feng family is a company of the Imperial Group.

Under such circumstances, Wei Li came forward on behalf of the Imperial Group and easily swallowed up the Chinese real estate.

Of course, the main reason why Li Fuzhao sold the Chinese Real Estate shares so easily was due to family conflicts, and on the other hand, he also wanted to please Sir Yang.

After all, Li Fook Zhao's ambition is in the stock exchange in Hong Kong, not in the Chinese real estate of the Li family and the Feng family.

However, I have to say that Li Fuzhao is also very lucky.

On July 30, 1985, Hu Hanfei, the Hong Kong financial king, passed away. As the vice chairman of the Hong Kong United Stock Exchange's transition committee, he happened to succeed Hu Hanfei as chairman.

As for this time, he came to visit Sir Yang in person.

It is related to the Hong Kong Stock Exchange and Sir Yang.

When Yang Ming came to the garden.

I saw an old man in his fifties wearing a suit. He was a little thin, but he looked very smart.

He is the founder of the Far East Stock Exchange in history and is also the current chairman of the Hong Kong United Stock Exchange.

"Hello Sir Yang."

"Hello, Chairman Li."

Both sides shook hands.

This is Li Fuzhao's first visit to the Repulse Bay Mid-Levels Villa.

Of course, Li Fuzhao knew that when he had just assumed the position of chairman of the Hong Kong United Stock Exchange, he should come to visit Sir Yang.

Although Li Fuzhao knew that Sir Yang did not interfere in the affairs of the United Stock Exchange.

However, the Imperial Group is too powerful.

At this time, most of the companies listed in Xiangjiang were controlled by the Imperial Group.

Some are even major shareholders.

The four major foreign banks, in addition to Swire, Hutchison Whampoa, Jardine Matheson Land, Wheelock, and even Wharf, are all controlled by the Empire Group.

In addition, there are many British-owned and Chinese-owned listed companies that were controlled by the Imperial Group during the last crisis that broke out in Hong Kong, including the Chinese-owned bank crisis, the Hong Kong real estate crisis, and the Hong Kong stock market crisis.

Historically, many Chinese-funded listed companies followed British companies such as Jardine Matheson Land to move their headquarters to Bermuda or to London.

However, this time it was directly acquired or controlled by the Imperial Group, so there was no chance of moving away. Their headquarters is still in Xiangjiang, and their main business is also in Xiangjiang.

That's why.

Li Fuzhao knew that in his position as chairman of the Hong Kong United Stock Exchange, he should come to see Sir Yang immediately.

"Sir Yang, I should come to see you in August."

"Chairman Li, it's not too late for you to come over now."

The two of them will not discuss their business here.

However, it was already dinner time.

Yang Ming and Li Fuzhao had dinner first.

Then go up to the study room on the third floor.

Li Fuzhao looked at Sir Yang's study with some curiosity. He guessed that the headquarters of several large-scale acquisitions by the Imperial Group should be here.

But this time Li Fuzhao came to see Yang Ming, it was more than just a visit.

Because some time ago.

Imperial Group has established a supercomputer software company in Silicon Valley and plans to list it simultaneously in New York and Hong Kong.

what does that mean?

Li Fuzhao also knew very well

Now the Windows system of the super computer software company is selling well all over the world, and the profits are getting higher and higher. If it is listed on the Hong Kong Stock Exchange at the same time, it will be completely different.

third chapter!

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