Chapter 717 - Family Trust Fund (4200 words chapter, please subscribe)

Just two days before Rongle was ready to attend the New World General Meeting of Shareholders, major newspapers and media in Xiangjiang published a bombshell news.

'Sun Hung Kai Finance Officially Becomes Sun Hung Kai Bank Today!' features a large photograph of Sun Hung Kai Bank Limited Chairman Fung King Hei on the front page, with the advertising text signed by Fung King Hei on the right side of the photo: "Since the establishment of Sun Hung Kai Finance Limited in 1970, we have continued to grow...... As of the end of last year, SHK Financial's total customer deposits exceeded HK$3.1 billion, with total assets reaching $4.2 billion.

These figures have laid a solid foundation for Sun Hung Kai Bank to open its Central Building in the third quarter of this year for more efficient administrative coordination......

At the beginning, Sun Hung Kai Properties Guo Desheng, Feng Jingxi, and Li Zhaoji parted ways, and Feng Jingxi, Guo Desheng, and Li Zhaoji were different, focusing on the financial industry, and established Sun Hung Kai Insurance Company in 1979.

Now, with the establishment of Sun Hung Kai Bank, together with Sun Hung Kai Securities and Sun Hung Kai Insurance, Feng Jingxi has realized his dream of a financial empire, and at the same time, Fung Group also controls Huaxia Enterprise Co., Ltd., Sun Hung Kai Elion Commodity Commodities Company, Sun King Fung Development Company, etc.

At the same time, Feng Jingxi also actively develops international cooperation, and the international companies that have cooperated with Sun Hung Kai include: American American and Asian Stock Company, Elion Commodity Company, Merrill Lynch Securities Company, International Baotong Bank, French Bailida Group, and General Insurance Company. The Fung Group has become an international financial hub.

This year can be said to be a peak of Feng Jingxi, but the peak is followed by the trough, and next year there will be a Hong Kong dollar storm in Xiangjiang, and the crowding tide is everywhere, and the Chinese-funded banks have fallen into a desperate situation, in order to survive, Feng Jingxi had to turn to the French Bailida Group, for which Feng Jingxi also paid 50% of the equity of Sun Hung Kai Bank, and Feng Jingxi also gave up the position of the head of the bank.

At the beginning, Sun Hung Kai's Three Musketeers were almost equal in terms of ability, but the Feng family has always been inferior to the other two, not because Feng Jingxi's ability is insufficient, but because he is really unlucky.

Feng Jingxi's two major setbacks have nothing to do with his decision-making and management, and bad luck is his best comment, even when Feng Jingxi came out of the shadows and was ready to rebuild his financial empire, he died of a cerebral hemorrhage when he was working in Vancouver, and he was only 65 years old!

It is precisely because of the familiarity with Feng Jingxi's development path that Rongle has not developed its own financial system so far, but next year's crowding trend is the best time for Rongle to officially enter the financial industry in Xiangjiang.

However, even if Rong Le enters the financial industry, it will not be smooth sailing, and he is likely to face the possibility of HSBC withdrawing loans.

Shen Bi has always been known as the most outstanding banker, and at the same time he is very helpful to the Chinese-funded consortium in Xiangjiang, but that is only in other industries, and in the banking industry, although HSBC will also accept the help of Chinese-funded banks, but at the same time, Chinese-funded banks will also transfer their controlling stake to HSBC and become the controlling bank of HSBC.

Just this year, when Shen Bi was elected as the 'Most Outstanding Banker of the Year', Shen Bi said in an interview with the media: "God didn't send us here to fund those who compete with us, and it doesn't seem reasonable to lend money to our competitors so that they have the ability to steal our customers!"

Shen Bi will always be a banker!

It is precisely because of knowing these things that Rongle must start planning for next year's things from now on!

But before that, Rongle still has to participate in the shareholders' meeting of New World first!

New World Headquarters!

This is the first time that Rong Le has come here after becoming a shareholder of New World, and today he is here to attend the retirement ceremony of Honorary Chairman Ho Sin Heng of New World.

Rong Le held 10% of the shares of New World at this time, and was the second largest private shareholder of New World, sitting under Zheng Yutong, and sitting in the middle was today's protagonist, the 82-year-old He Shanheng.

If it is placed in another company, the resignation and retirement of the chairman of the group will definitely cause the company's stock price to fluctuate, but at the opening of today's market, the stock price of New World has not fluctuated at all.

The reason is just that everyone knows that although the chairman of New World is Ho Shanheng, it is Cheng Yuk Tung who really controls the new world from beginning to end, and Ho Shinheng becomes the chairman of New World, which is more about Cheng Yutong's respect for Ho Shanheng and the cooperative relationship between New World and Hang Seng Bank.

Although Ho Sin Hang will resign as chairman of New World, Hang Seng Bank's support for New World will not weaken, and Rong Le also knows that in 1985, Hang Seng Bank will invite Cheng Yuk Tung to be a director of Hang Seng, and Cheng Yuk Tung will also invite Lee Kwok Wai, then chairman of Hang Seng Bank, to be a director of New World!

The cooperation between New World and Hang Seng can be said to be a good story in the history of Hong Kong's business!

Ho Shanheng's retirement ceremony can be said to be simple and grand, almost all shareholders of New World are in place, and Zheng Yutong personally spoke at the meeting, thanking Ho Shanheng for his help and contribution to New World.

As a leading figure in the business world, Mr. He Shanheng naturally has something to be respected, not to mention that he created the Hang Seng Index, that is, he is also respected by the people of Xiangjiang.

At the beginning, He Shanheng was helped by Lin Bingyan, and then after Lin Bingyan passed away, he took great care of the Lin family, and also said a sentence: As long as I have one day, I will not let Brother Bing's descendants fall into difficulties!

He Shanheng said so, and at the same time did so, otherwise the Lin family would have declined a long time ago.

However, the old man He Shanheng also has his own suffering, that is, although the old man He Shanheng has 13 children under his knees, none of them are willing to take over the old man, which led to the acquisition of Hengchang later, but this is all a later story.

After the meeting, it was the farewell banquet prepared by Zheng Yutong and the old man He Shanheng!

During the banquet, Zheng Yutong personally introduced the old man He Shanheng to Rongle, and the three of them were also the most dazzling in this banquet, and naturally became the center of the banquet.

At this time, Rong Le was already familiar with such an environment, and he was chatting and laughing with Old Man He Shanheng and Zheng Yutong with a wine glass.

At the same time, the other young people at the banquet looked at Rong Le with envious eyes, such treatment was what they dreamed of. This includes the Lin Xiufeng brothers who want to join the Han and Tang Societies.

"Ah Feng, Ah Rong, come here!" At this time, Old Man He Shanheng called the two brothers over.

"Ah Le, let me introduce you, they are the sons of my eldest brother Lin Bingyan, and Ah Feng is my righteous son, you are all young people, please contact more in the future!" He Shanheng really had nothing to say to Lin Xiufeng's brothers, and at this time, he did not forget to expand his connections for them.

In fact, Lin Xiufeng is in his forties this year, but there is nothing wrong with being classified as the younger generation by Mr. He Shanheng.

"Father-in-law, we know Rongsheng and we know!" Although Lin Xiufeng's ability is average, and he can't see people's eyes, he still has an advantage, that is, he knows that he has taken care of their Lin family over the years, so he has always respected He Shanheng very much.

"Oh, yes, that's better, Ah Le is now the best among the younger generation, you have to learn more from Ah Le!" said Old Man He Shanheng with a smile.

"This is natural!" Lin Xiufeng said with a smile, not at all embarrassed when Rong Le was refused to join the Han Tang Society!

Although he didn't want to have too deep entanglements with the Lin brothers, Rong Le couldn't refute the face of Old Man He Shanheng today, so he talked with the Lin brothers with a smile.

Old man He Shanheng was also very pleased to see from the side, he was too old to help the Lin family for long, if the Lin brothers could take this opportunity today to have a friendship with Rong Le, it would definitely be helpful for their future.

During the chat, Lin Xiufeng even sent a separate invitation to Rong Le, and after thinking about it, Rong Le did not refuse, although he did not want the Lin brothers to join the Han and Tang Dynasties, but it did not mean that he wanted to have no contact with the Lin brothers.

............

The next day, Hong Kong's newspaper published the news of Ho S.Heng's resignation as chairman of New World, but as previously analyzed, the stock price of New World did not change much.

And Rong Le came to the company and called Luo Zheng to the company.

Because the relationship between Rongle and the Luo family has become closer and closer, Ruder Finn has now officially resigned from the position of manager of the legal department of Dynasty Media Group and changed to the special legal counsel of Rongshi Investment.

"Rongsheng, are you looking for me?"

"Yes, I would like to set up a family trust and put the shares of four real estate companies, Cheung Kong, Sun Hung Kai, New World and Henderson Land, into this family trust. Rong Le said slowly.

Although Luo Zheng didn't know why Rong Le made this decision, he still said: "I know, I will deal with this matter!"

The establishment of a family trust fund is something that Rongle has been thinking about for a long time, and he had this idea when he first acquired Cheung Kong shares.

However, he originally wanted to establish it for his brothers and sisters, but as Rongle slowly grew up, this idea slowly changed.

Whether it is Rong Ren, Rong Ling, or Rong Jing, they are not the kind of moth-like family members, they all have their own ideas, so Rong Le also hopes that they can have their own careers, so Rong Le will give the dynasty clothes to Rong Ren.

In this way, it can also better avoid the possibility of property disputes within the family in the future.

When Rong Ling and Rong Jing get married, Rong Le will also give them some of their own properties, whether they want to take care of it themselves or hire a professional manager, that is their own idea.

And now Rongle's idea of setting up this family trust fund has been changed to what Rongle will prepare for his children and women in the future.

Just in November last year, Rong Le went to Wanwan, and it was that trip to Wanwan that made Hu Yinmeng pregnant, and Rong Le was planning ahead!

After the establishment of the family fund, Rongle will naturally have its own distribution plan, but the most important thing now is to set up this fund first.

In the evening, Lin Xiufeng held a banquet at the Dynasty Hotel to entertain Rongle!

After several years of development, Dynasty Hotel has opened two branches in Xiangjiang, and at the same time, Tokyo, Wanwan, Singapore, Thailand and other countries have their own branches.

At this time, Dynasty Hotel was already a large chain of hotels with more than 10 branches in Southeast Asia, and if it wasn't for Rongle's lack of investment in the catering industry, the achievement would have been even higher.

Ryoko also just flew back from Dongying today, and she was very happy to see Rongle.

"Chairman, the renovation of our branch in Hokkaido has been completed, and it will be officially opened next month, do you want to cut the ribbon in person then?"

Now Liangzi is no longer a simple chef, although he is still a little immature in management, but with the help of professional managers, he can already take charge of himself.

Rong Le smiled: "Forget it, I'll be very busy during this time, you should do it yourself!"

Ryoko shook her head regretfully and said, "Okay then!"

"By the way, it's been a long time since I've tasted your craft, and today you're in charge of the spoon yourself!" Rong Le said with a smile.

"Okay, please!" Ryoko smiled.

When Rong Le came to the private room, Lin Xiufeng had been waiting in the private room for a while.

"Rongsheng!"

"Mr. Lin!" Rong Le said with a smile.

After the two of them took their seats, Lin Xiufeng personally put on the wine glass for Rongle, and said with a smile: "I have always heard that Rongsheng's wine volume is a thousand glasses and is not drunk, today I want to have a good experience!"

Rong Le smiled: "It's all a joke between friends, it shouldn't be true, just feel free!"

Not long after the beginning, Lin Xiufeng re-mentioned joining the Han and Tang Associations, but it was covered up by Rong Le's change of topic.

Lin Xiufeng only has the advantage of knowing the grace of retribution, in another time and space, with the death of He Shanheng, the Lin family also fell rapidly, and after the millennium, Lin Xiufeng could not even repay more than 4 million arrears, and was ordered bankrupt by the court!

Imagine having hundreds of millions of assets in this era, and in the future, he owns 20% of Hengchang's shares and Hang Seng Bank's shares, and can still make Lin Xiufeng go bankrupt, his ability can be imagined.

Later, in the conversation between the two, Rong Le consciously led the topic to antiques, and Lin Xiufeng still had a glimmer of hope for joining the Han and Tang Associations, so he followed Rong Le's topic and said: "If we had known that Rong Sheng was interested in antiques, our Lin family would be a collector of a few antiques that can be seen." ”

In another time and space, Lin Xiufeng and Chen Songqing went to court for these antiques, one of which was the 'Qianlong Enamel Ancient Yuexuan Jinji Picture Amphora' that was auctioned for more than 100 million yuan.

Rong Le agreed to Lin Xiufeng's invitation, and also hoped to be able to buy these antiques in Lin Xiufeng's hands.

"Oh, yes, I don't know what treasures are the few antiques hidden in Mr. Lin's house?"

"These are all treasures of my father's collection back then, which are 'Qianlong enamel Guyuexuan brocade chicken picture amphora', 'Yongzheng Rising Sun Rising Cup', 'Qing Dynasty gourd bottle', 'Northern Song Dynasty Dingyao Butterfly', 'Qing Dynasty Quail Color Butterfly'. Lin Xiufeng said with a reserved smile, in the past two years, for the sake of their own luxurious life, they have not done less to deal with the antiques left by their father, and now there is not much left in their hands.

Rong Le smiled: "I don't know if Mr. Lin has the idea of cutting love? The price is not a problem!" I want to talk about "Rebirth of the Rich Family Feast of Xiangjiang" with more like-minded people; , talk about life, find a confidant~