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Chapter 495: Strong Reaction from Major Banks in Hong Kong!

Chapter 495 Strong reactions from major banks in Hong Kong!

Queen's Road Central, Hong Kong.

Huifeng Bank Building.

Chairman's office.

Shen Yi was looking through the window at the Empire State Building under construction in the distance.

The Empire State Building was built on the original site of the Murray Building site. After the Murray Building was purchased by the Empire Group through Wharf at a high price, it originally hired Mr. Pei Yuming, a famous Chinese architectural design master, to design it.

It shocked Hong Kong and the world at that time.

The Empire State Building is 699 meters high. If lightning rods are added in the future, it should be more than 700 meters high. Not only is it higher than the top of Victoria Peak, it is also the tallest building in Central District of Hong Kong Island.

Since construction began in 1978, in Shen Bi's view, the Empire State Building has been growing taller almost at the speed of the naked eye.

It may not be as fast as Pengcheng. One floor takes three days, and two floors take five days. In fact, the speed is not slow, especially after the foundation is built, it is much faster to build.

From the second half of 1978 to 1980, less than two years have passed. At this time, Shen Bi felt that the Empire State Building had grown up, giving him a sense of depression.

Shen Bi returned to his seat and sat down, took a sip of coffee and looked at the Patek Philippe he was wearing.

"Just now, Empire Group announced that all its real estate companies will cancel the shared area. Real estate stocks and bank stocks in Xiangjiang will skyrocket tomorrow. In addition, the number of home buyers in Xiangjiang will increase significantly, which means that high-quality customers for home purchase loans will also There will be more. In the past, most of these high-quality customers were eaten by our Huifeng Bank and Hengxuan Bank. However, now that we have joined the banks of Toyo and Country M, our competitiveness is not so strong. .”

For investors in Xiangjiang, if they bought it a few years ago and sold it now, it should have doubled several times.

"Yes, Chairman."

Since 1976, real estate in Xiangjiang has been rising and is very prosperous. Especially since the second half of last year, housing prices and land prices in Xiangjiang have soared very fast.

Of course, the first to benefit are the home buyers in Xiangjiang, followed by the major banks in Xiangjiang.

At this time, Huifeng Bank Group will have more Chinese elites in it.

In terms of real estate, just like the stock market, there are many investors chasing high prices. They are afraid of falling stock prices and house prices. If real estate keeps rising, they can buy with confidence.

This morning, while playing golf, Sir Yang had told him in advance that the real estate company under the Empire Group had canceled the shared area. When he came back, the more he thought about it, the more complicated it became.

Home buyers in Xiangjiang basically require loans, which means that this will be a very huge business.

In early 1978, the Government-General of Xiangjiang actively planned to develop Xiangjiang into an international financial center.

In March 1978, the Governor-General of Hong Kong announced that it would relax the restrictions on the suspension of banking licenses that had been implemented since the 1965 banking crisis.

Shen Bi looked at the time and saw that it was just past 19:00 in the evening.

If it weren't for the emergence of the Imperial Group, which attracted many Chinese elites.

"Mr. Shen, why did Sir Yang suddenly cancel the pool area?" John Bao asked in surprise.

"You must know that if we compete with Dongyang Bank and Bank of China for high-quality customers this time, we can defeat them and gain more high-quality customers."

"In the morning, when Sir Yang asked me to play golf, he actually told me and the Governor, Mr. Malihose."

In Shen Bi's view, it will definitely be beneficial to the development of real estate in Xiangjiang.

Shen Yi knew very well that the current Huifeng Bank not only had to compete with the original Zhada Bank and Chinese banks in Xiangjiang, but also with the Bank of China and Oriental Bank.

Huifeng Bank is brightly lit tonight.

This time, Shen Bi actually held so many senior management meetings in the name of chairman to let the senior executives of Huifeng Bank understand that there must be something very important today.

Cancel the common area.

Upstairs is Shen Bi's large one-story mansion in Huifeng Bank. In many cases, he rarely lives here. Now, during this period of time, he probably has to live here and work overtime.

In the afternoon, Shen Bi told them in advance that there would be something important to discuss with them at the Huifeng Bank Building tonight. No one knew what it was specifically.

The last time Shen Bi sold Hutchison Whampoa to Mr. Yang was during the Spring Festival in 1978. At that time, Shen Bi did not hold so many executive meetings.

"Immediately notify the executives of each department to hold a meeting."

This also introduced a large number of banks from country M and Bank of Toyo into Hong Kong.

Shen Yi and John Bao went upstairs.

There was a sudden knock on the door.

Shen Bi looked at the executives present and said.

All of the executives here are smart people.

After entering 1980, housing prices in Xiangjiang soared even faster.

In his opinion, there is probably only a person like Sir Yang in the whole of Xiangjiang who can do such a courageous thing.

For all loan businesses of banks, housing loans are the best customers. They need to compete with Toyo Bank and Bank of China for those high-quality customers.

HSBC Director and Vice Chairman John Bao, Director Mao Shili, and hundreds of other senior executives of Huifeng Bank were all present.

It can never be the same again.

This time the Imperial Group announced that all its real estate businesses will cancel shared areas.

After March 1978, a large number of banking licenses were issued, and a large number of banks from countries M and Dongyang's bank capital entered Hong Kong. Hong Kong's financial industry developed rapidly in a short period of time. In the early 1980s, Hong Kong was already a global leader. The third largest financial city has laid the foundation for the development of Hong Kong’s financial industry.

His female secretary came in and said: "Chairman, just now the Jardine Group of the Empire Group suddenly announced that all real estate companies under the Empire Group will cancel the shared area."

I'm afraid many people will have to work overtime tonight.

These are the elites of Xiangjiang's elite, all top students, whether white or Chinese, they are the most powerful people.

When they heard Shen Bi say that the Imperial Group had canceled the shared areas of all its real estate properties, they knew that this matter would indeed have a great impact.

Others leave.

Li Jiacheng and Bao Yugang, whom he had always been optimistic about before, simply did not dare and could not do this.

Sir Yang had told him in advance, but since Sir Yang had not announced the news yet, he naturally could not tell him in advance.

In the next nine months, 27 licenses were issued.

The more banks there are in Hong Kong, the more competitive they will be.

The meeting is over.

This also means that the original banking industry in Hong Kong was basically dominated by Chinese-owned banks such as Huifeng Bank, Zhada Bank, and Hengxuan Bank.

Those real estate investors don’t just buy one unit, they even buy several or dozens of units.

When Shen Yi came to the Huifeng Bank conference room.

John Bao now really admires Shen Bi's vision for being able to choose Mr. Zhongyang instead of Li Jiacheng or Bao Yugang.

Sir Yang said it in advance?

John Bao thought about it and thought it was normal.

Now the relationship between Sir Yang and Shen Bi is not simple.

In addition, the cooperation between Imperial Group and Huifeng Bank has already been very in-depth.

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