Chapter 733 The Empire Group swallowed up Hang Lung Bank and shocked Hong Kong!

Author: The creeper on the fence

Chapter 733 The Empire Group swallowed up Hang Lung Bank and shocked Hong Kong!

Conference room of Imperial Group headquarters.

00:00 am.

Meris and Tang Shilian from the Imperial Group, as well as Hang Lung Bank's major shareholders Zhuang Rongkun, Zhuang Qingquan, and other Hang Lung Bank executives attended the press conference.

When those reporters saw brothers Melis and Zhuang Rongkun, they seemed to have guessed that they were related to Hang Lung Bank.

Brothers Melis and Zhuang Rongkun went to the front desk of the conference room, shook hands and sat down.

Those reporters were holding "long guns and short cannons" and kept filming.

"I'm sorry to keep all the journalists waiting for so long."

Meris looked at the reporters sitting and said.

Meris said: "Tonight's press conference officially begins. After friendly negotiations between the Imperial Group and the major shareholders of Hang Lung Bank, the Imperial Group has decided to acquire all the shares of Hang Lung Bank for HK$100 million, and the major shareholders of Hang Lung Bank have agreed."

Empire Group acquires Zhuang Rongkun brothers’ Hang Lung Bank for HK$100 million?

surprise!

The reporters present were very surprised.

In the past two days, a serious run crisis has occurred at Hang Lung Bank, which has not yet been resolved. It has also been revealed that there are fund transactions between Hang Lung Bank and Diners Club Finance. In addition, there has been a debt hole within Hang Lung Bank.

They did not expect that it would be the Imperial Group that would rescue Hang Lung Bank.

"Here, on behalf of Empire Group and Chairman Sir Yang, I announce the formal acquisition of Hang Lung Bank. Hang Lung Bank will temporarily appoint me as its general manager. Later, tomorrow, Empire Group will inject HK$500 million into Hang Lung Bank.

"

In other words, it is equivalent to the Imperial Group spending 600 million Hong Kong dollars to acquire Hang Lung Bank, but it has been fully acquired by the Imperial Group.

"Here, I can tell the depositors and investors of Hang Lung Bank that with the strength of Imperial Group, you can rest assured to put your deposits in Hang Lung Bank. We also welcome Hang Lung Bank depositors who have withdrawn their cash to deposit their money back.

.Too much cash may not be safe if you keep it around.”

Melis smiled and looked at the reporters sitting there and said.

The reporters also laughed when they saw it.

If we want to say who is the richest in Hong Kong now, it is really the Imperial Group, not even Huifeng Bank.

What Merlis said is to reassure depositors and investors about Hang Lung Bank.

Even restore confidence in Hang Lung Bank.

Hang Lung Bank has changed its owners and shareholders.

In addition to this, with an additional capital injection of HK$500 million, there is no doubt that Hang Lung Bank will be different from the original.

After Meris concluded this press conference, the next step was to interview these reporters.

"Hello, Mr. Merliss, you are already the general manager of Empire Group. I wonder if you, as the general manager of Hang Lung Bank, have so much energy to manage Empire Group and Hang Lung Bank?"

"Hello, you asked a very good question. As the general manager of Empire Group, I really don't have that much energy to manage other companies. It is only temporary now. The temporary management of Hang Lung Bank represents the importance that Empire Group attaches to Hang Lung Bank.

, when Hang Lung Bank stabilizes, a new general manager will take over this position."

"Mr. Merliss, I wonder if Empire Group's sudden acquisition of Hang Lung Bank was already planned, or was it because of the financial problems in Hong Kong?"

...

There were all kinds of difficult questions, and Melis answered them all very gentlemanly and politely.

Brother Zhuang Rongkun was a little embarrassed.

After losing Hang Lung Bank, the two of them breathed a sigh of relief. At least they got their principal back and made some money.

The Zhuang Rongkun brothers didn't want to answer the weird questions from the reporters. When they just signed the acquisition contract and answered a few simple questions, they shook hands with Merliss, Tang Shilian and others and left first.

In other words, Hang Lung Bank directly changed its status quo and became a subsidiary of the Imperial Group, and has nothing to do with the Zhuang brothers anymore.

Some reporters are still interviewing Melis.

Some reporters finish the press conference and immediately go back to work on a story or tell others about the news.

...

Deep Water Bay Mid-Levels Villa.

Bao family.

There is no news yet about Bao Yugang and Wu Guangzhen. They are still waiting for news from the Imperial Group press conference.

At this time, the phone in Bao Yugang's study suddenly rang.

Wu Guangzhen went over to answer the call.

After a while, he already knew what was going on.

"Father, Empire Group just held a press conference to fully acquire Hang Lung Bank for 100 million Hong Kong dollars. In addition, it also injected 500 million Hong Kong dollars into Hang Lung Bank. In other words, it spent 600 million Hong Kong dollars to acquire Hang Lung Bank, but now

The outside world doesn’t know how much Hang Lung Bank has lost.”

Empire Group acquires Hang Lung Bank?

Imperial Group enters the financial banking industry.

This news didn't seem to surprise Bao Yugang much.

With the current strength of the Imperial Group, even he will enter the financial industry. With so much money, it is impossible for all of it to be deposited in Huifeng Bank or other banks.

This news may have a greater impact on Huifeng Bank and Mr. Shen Bi.

"Father, what do you think?"

"Sir Yang is a very powerful person, and the executives around him are also very powerful. It is normal to take the opportunity to acquire Hang Lung Bank." Bao Yugang said.

Wu Guangzhen is really envious.

Now Imperial Group has really entered the financial and banking industries.

Deep Water Bay Mid-Levels Villa.

Li family.

Li Jiacheng and his wife have not rested yet.

When Li Jiacheng heard that it was Imperial Group that acquired Hang Lung Bank, he seemed to think it was normal and did not show too much surprise.

The Imperial Group easily acquired Hang Lung Bank, but he did not have the ability and could only envy it.

"Sir, it seems that the Imperial Group has achieved success," said Zhuang Yueming on the side.

Is the trend established?

Li Jiacheng felt that it had already happened.

Wharf, Hutchison Whampoa, Jardine Matheson Land, Xiangjiang Electric Lighting Company, etc. all fell into the hands of the Empire Group, which means that most of Xiangjiang's industry fell into the hands of the Empire Group and Sir Yang.

Today, the acquisition of Hang Lung Bank is only part of the equation.

Li Jiacheng also feels that the real impact of Imperial Group's entry into the banking industry is Huifeng Bank.

Although Imperial Group had already invested in Huifeng Bank and owned 20% of the shares before this, it was of no use. Huifeng Bank had no direct relationship with Yang Ming.

It is different now. With the full acquisition of Hang Lung Bank, I am afraid that with the support of Imperial Group, it will soon become one of the largest Chinese-owned banks in Hong Kong.

Maliho in the Governor's Palace has already rested.

Tonight, Maliho, Jude and others felt that if Hang Lung Bank was going to face bankruptcy, they could only immediately announce the takeover of Hang Lung Bank through the Legislative Council meeting to avoid a domino effect.

Neither Maliho nor Jude expected that the Imperial Group could easily swallow up Hang Lung Bank without the need for the Governor's Office to take action.

Late that night.

When Mailihao and Jude heard the news, they woke up immediately.

Mailihao didn't feel anything yet, but Jude was shocked again.

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