Chapter 0515: My Son Made a Good Friend

With the reassurance of the staff of Sun Hung Kai Bank, the commotion of the crowd was finally stopped, and some even listened to the persuasion, gave up waiting, and left directly.

"The richest people in the world are all in favor of Sun Hung Kai Bank, and if they save their money, then we don't have to work so hard." Uncle De stretched his waist and planned to retreat as well.

"Can we compare with the richest man in the world, $50 million may be a few months' income for others, but 500 million yuan is most of our life savings." Aunt De still insisted on withdrawing money.

"In your opinion, there is no bank to trust." Uncle De's face was depressed.

"At least HSBC is more reliable than this Sun Hung Kai Bank." Aunt De glared at Uncle De angrily.

"If the British are driven away, it will be up to you to ask for money." After Uncle De snorted unconvinced, he continued to line up honestly.

However, when Uncle De and Aunt De finally managed to stay up a few steps away from the service window, the business hours of Sun Hung Kai Bank also arrived, which made them feel angry, but they couldn't get out.

Because the other party's work attitude was good, he couldn't find reason, took the initiative to register for the old couple, and promised to add a special withdrawal channel in the next two days.

"Okay, compare your heart to your heart, these children are not a few years older than Dingtian and Keyi, they are all acting according to orders, we don't care, and it is nothing to withdraw money a few days later." Uncle De comforted and helped Aunt De to leave the noisy head office of Sun Hung Kai Bank and take the car home.

The back and forth carriage and horses are still very hard, Uncle De is so tired that he didn't even look at the evening newspaper he just bought, so he snored on the seat, if Aunt De hadn't woken up, it was estimated that he would have slept over.

"I didn't take out the money, don't say it. There is also a lot of travel money back and forth. Aunt De, who has always lived a careful life, complained a few words bitterly, and then turned on the TV, "See if there is any report on Sun Hung Kai Bank on Media Asia TV." ”

"There should be, the newspapers are full of headlines, and the world's richest man has taken a stake in Sun Hung Kai Bank." Uncle De yawned and shook the newspaper in his hand.

Just as Uncle De expected. The host mentioned in his brief introduction, "In the next program, we will interview Mr. Feng Jingxi, the chairman and founder of Sun Hung Kai Bank, and we will also try to connect with Mr. Tang Huan." ”

"On today's show, there are going to be big shots." Uncle De suddenly perked up, and his eyes lit up.

"Now let's first get to know the center of this news - Sun Hung Kai Bank." After introducing the commentators, the host guided the show to the main topic.

……

At that time, Sun Hung Kai Properties' 'Three Musketeers' decided to make the most of their strengths. After their respective developments, Feng Jingxi, who smelled business opportunities from the establishment of the Far East Stock Exchange in Hong Kong, founded Sun Hung Kai Securities Company and Sun Hung Kai Finance Company in 1969.

As the first Chinese-funded securities brokerage company in Hong Kong, Sun Hung Kai Securities broke the monopoly pattern of foreigners in the securities industry and attracted Chinese brokers to participate in the game of the capital market.

In a relaxed environment, Sun Hung Kai Securities quickly grew into the most powerful Chinese brokerage firm, once accounting for 20% of the total turnover of the Hong Kong stock market.

In order to increase the vitality of the securities market in Hong Kong, Li Fuzhao, the founder of the Far East Club, introduced a competition mechanism. The lifting of restrictions has led to an influx of international securities companies into the Hong Kong market. As a result, Sun Hung Kai Securities' market position has weakened.

At this time, Sun Hung Kai Finance Company, which has always undertaken the financial management function of Sun Hung Kai Securities and played an auxiliary role, has developed and grown. In 1979, its total assets reached HK$1.8 billion, and the time was ripe for transformation into a commercial bank.

So it was back then. Sun Hung Kai Finance was listed, and in March 1982, it obtained a banking license and officially changed its name to Sun Hung Kai Bank, which is known as Sun Hung Kai Bank today.

Although Sun Hung Kai Bank has been licensed for less than two years. But its strength is still considerable.

In 1978 and 1980, the company introduced the French Bailida Group and the American Merrill Lynch Securities Group as strategic shareholders to jointly develop a "multinational financial supermarket".

Feng Jingxi himself became the largest individual shareholder of Merrill Lynch Securities through equity swaps, with an estimated net worth of 2.4 billion yuan, and was known as the "godfather of the stock market".

But at the peak of the real estate period, Sun Hung Kai Bank spent 300 million yuan, equivalent to 70% of its equity, to buy the current head office building.

With the real estate recession and banking crisis that broke out last year, Sun Hung Kai Bank began to face the dual difficulties of insufficient funds and a large loss of deposits.

……

"Real estate investment is really a double-edged sword, once you miss, you will be dragged into the water." Uncle De shook his head embarrassedly.

"You know that salty radishes don't worry about it." Aunt De glared at Uncle De fiercely, "Tomorrow, you go to Sun Hung Kai Bank to withdraw the money by yourself, and I won't go with you, and you can save a little bit of travel expenses." ”

"Still going......" Uncle De's head was big for a while.

……

At this time, Feng Jingxi was also lamenting to his eldest son Feng Yongfa, "Perhaps, I shouldn't have bought this Sun Hung Kai Bank headquarters building in the first place, otherwise I wouldn't have been dragged down by the economic depression now." ”

"Don't think about it." Feng Yongfa persuaded: "Mr. Tang is willing to help, and he has no intention of entering the banking industry, Sun Hung Kai Bank is still in the hands of our Feng family." ”

"Thanks to my son, I have made a good friend who is sincere and extraordinary!" Feng Jingxi sighed with palpitations

After Sun Hung Kai Bank fell into financial difficulties, its other two major shareholders, the French Bailida Group and the American Merrill Lynch Securities Group, of course, would not sit idly by, but on the condition that Feng Jingxi relinquish 51 percent of the controlling stake.

You must know that in Feng Jingxi's financial kingdom, Sun Hung Kai Securities and Sun Hung Kai Bank are in the position of right-hand men, no matter which one is missing, it is a major loss.

Just when the pressure was getting bigger and bigger, and Feng Jingxi was about to give in, his eldest son, who was unwilling to inherit the family business, unexpectedly brought in reinforcements in time to get him out of the predicament.

In particular, Tang Huan's conditions were very kind, only asking for the same 20 percent of the shares as the French Bailida Group and the American Merrill Lynch Securities Group, and sending a deposit of 50 million US dollars, and even willing to directly convert it into Hong Kong dollars.

At this time, the exchange rate of the Hong Kong dollar against the US dollar has fallen to 9.6, and if this situation continues, breaking 10 is just around the corner, and no one knows when the depreciation of the Hong Kong dollar will stop.

"If only you didn't blame me for being disobedient." Feng Yongfa helped his father check his clothes, "You seem to have a lot more white hair." ”

"It's okay, I'm old, plus I've been working a little lately, it's normal." Feng Jingxi waved his hand disappreciatively.

At this time, the assistant came to report that the outside was ready to be interviewed by Media Asia TV. (To be continued.) )