Chapter 1143 Imperial Group cancels cooperation with Huifeng Bank!

When Shen Bi decided to transfer Guard Pu to Country M, he had already decided to sell Huifeng Bank to the Imperial Group.

Except Pu Weishi.

Many important senior executives of Huifeng Bank, who are supported by European shareholders, will basically be transferred.

Suddenly, the changes in the senior management 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 also knew that Shen Bi was already preparing for the Imperial Group to take over Huifeng Bank.

If we want to talk about it, the changes in important executives such as Pu Weishi of Huifeng Bank have attracted a lot of attention.

So next, this news is for investors in Hong Kong and even around the world.

1978.

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

Later, Imperial Group and Huifeng Bank established the Huifeng Bank \u0026 Imperial Group Fund. Starting from 1978, Huifeng Bank provided HK$10 billion as an investment fund in the first year.

The rate of return obtained by Huifeng Bank was 10 points, which means that between 1978 and 1979, Huifeng Bank obtained a profit of HK$1 billion through this joint investment fund.

Next, Huifeng Bank successively invested in investment funds.

Among them, the investment funds obtained by the Imperial Group were used as preparatory funds. The Imperial Group has also used them in a series of acquisitions in recent years.

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

From receiving HK$1 billion in the first year, to HK$1.5 billion in the second year, to HK$2 billion in the third year, by 1986 last year, Huifeng Bank had earned as much as HK$4.5 billion from this investment fund.

Far beyond Huifeng Bank's own returns from other investments.

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

It can be said that using the joint funds that cooperate with the Imperial Group, the rate of return is very high and very stable.

now.

Investors in Hong Kong, and even around the world, suddenly heard a piece of news.

Imperial Group wants to cancel its joint fund cooperation with Huifeng Bank.

This means that Huifeng Bank will lose this very stable investment return and high profits.

At this time, even Imperial Group and Huifeng Bank have not made an official announcement.

However, this has made investors in Xiangjiang Huifeng Bank paranoid.

In recent years, when many Xiangjiang citizens have money, they either buy gold or Huifeng Bank stocks, mainly Huifeng Bank stocks. Although the stock price does not rise very much, the annual dividends are very good.

Especially in the years when Huifeng Bank and Empire Group invested together, those Hong Kong investors who bought Huifeng Bank stocks received very good dividends every year.

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

February 2, 1987.

The fifth day of the new year.

Monday.

The Hong Kong Stock Exchange has just opened normally today.

9:30 am.

Many Hong Kong investors immediately poured into today's Hong Kong stock market.

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 Imperial Group was canceling its joint fund cooperation with Huifeng Bank. Huifeng Bank would lose the most stable net profits and returns. This also meant that Huifeng Bank's annual profits would plummet, and even... This means that Huifeng Bank's stock price has plummeted, and its dividends have also plummeted.

After many investors in Huifeng Bank sold those stocks, some investors poured into Xiangjiang Overseas Trust Bank, Hang Lung Bank, and Zada ​​Bank. These banks controlled by the Empire Group began to be trusted and sought after by those investors.

Deep Water Bay Baojia.

Because Bao Yugang was resting at home, he did not return to work at Universal Group in Prince's Building.

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

The Bao family is the major shareholder of Huifeng Bank, owning 20% ​​of the shares. However, these shares only pay dividends and 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 at Huifeng Bank, Huifeng Bank might terminate its cooperation with Imperial Group.

This made Bao Yugang even unable to believe that something was wrong with Huifeng Bank?

However, he felt it was impossible.

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

"Father, I wonder if something big happened to Huifeng Bank?" Wu Guangzhen came back in a hurry and said.

When he saw Wu Guangzhen, Bao Yugang had just made many phone calls, but he couldn't ask anything.

"Guang Zhen, I also feel that something big may happen to Huifeng Bank. However, I don't understand why Imperial Group suddenly announced the cancellation of cooperation with Huifeng Bank."

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

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

In other words, it was very worthwhile for Shen Bi to sell Hutchison Whampoa to the Imperial Group.

Today, Imperial Group and Huifeng Bank have been cooperating for eight years in establishing this joint fund. It is normal for them to cancel it now. If the original secret cooperation agreement was for eight years, then it would be 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 yet, he had a vague feeling that it might be a big deal, even more important than when Huifeng Bank handed over Hutchison Whampoa to Sir Yang and the Imperial Group.

"Father, why don't you inform Wei Jian and Fourth Sister?"

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

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

In the past few days, 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 Imperial Group and Huifeng Bank has been cancelled. In Bao Yugang's view, Shen Bi will definitely notify them by then. For a meeting.

Moreover, the impact of this incident is so great that it may lead to Shen Bi's early retirement.

. . .

Office of the Chairman of the Empire State Building.

In addition to Yang Ming, Lin Xiuzhi, He Chaoluo, and Alina are all here. Yingla and her second brother Taxin returned to their hometown of Meicheng for the first time to find their roots.

Now there are rumors that Imperial Group will cancel the fund cooperation with Huifeng Bank. This is indeed a very important step for Imperial Group to acquire Huifeng Bank.