The Wealth Empire Crossing the Hong Kong

Chapter 531 Joint Press Conference

After a run on the weekend, on Monday morning, the three major indexes all gapped and opened, and bank stocks and real estate stocks became the main culprits for the stock market's sharp drop.

Whether it is the powerful banking giants such as HSBC, Standard Chartered, Xinjian, East Asia, or real estate giants such as Hutchison Land, Chinese Land, Guanghua Construction, Kowloon Construction, Jardine Land, and Sun Hung Kai, they have not escaped the fate of a sharp drop. .

In particular, Huaren Land, Guanghua Construction, Kowloon Construction and Hutchison Land do not have many development projects in Xiangjiang at present, just because they hold a lot of land reserves in their hands, they have been implicated as a result, and their stock prices have been greatly reduced fall.

Although today is Monday, the number of people withdrawing money from the major banks is not much less than yesterday. The strong banks can still sit still, and those banks with less abundant reserves have already felt the huge pressure and have begun to delay their relationship for help.

I don't know what the Bryan government is thinking this time. They don't know about such a serious matter, and they don't mean to stand up to stabilize the situation.

However, Li Jianhui and the others registered the company very quickly. It is indeed a wise saying that if you have a good relationship, you can do things well. In less than two hours, Jardine Real Estate Group completed all the registration procedures.

In order to give confidence to the bank customers of Donghua Club, Li Jianhui, the chairman and president of Xinjian Bank, attended the joint press conference of several major banks and Yijia Real Estate Group today.

As long as there is Li Jianhui, there will be no lack of enthusiasm. Nearly three o'clock in the afternoon, in the conference hall of Xinhui Hotel, all the local media in Xiangjiang are absent, and many international media have also arranged for reporters to attend.

Feng Yanfang, General Manager of the Administration Department of Yijia Group, presided over the meeting. In addition to Guo Zhiheng, President of Yijia Group, Li Jianhui, President of Xinjian Bank, Li Guobao, President of Bank of East Asia, Feng Jingyao, President of Dao Heng Bank, Guo Zhiquan, President of Wing On Bank, and others attended the meeting. Chen Zeming, general manager of Ka Wah Bank, and Shen Jiazhen, general manager of Union Bank.

These are also the top six banks with their headquarters in Hong Kong this year. The other four are HSBC, Sun Hung Kai, Far East, and Wing Lung. Although Standard Chartered is strong, its headquarters are in London.

As journalists of Xiangjiang media, they are naturally well-informed. Looking at the two senior executives of Yijia, the president Guo Zhiheng is Guo Zhiquan's cousin, and the general manager of the administrative department Feng Yanfang is Feng Jingyao's daughter.

In addition, according to the news that came out, Lei Juekun’s son, Lei Zhaoshen, served as the vice president, Li Guobao’s cousin, Li Guoli, served as the chief financial officer, and Liu Hongjian, the sales director of Xinjian Real Estate, quickly joined Yijia as the executive vice president. It must have been jointly invested and established by several members of the Donghua Society.

"Thank you very much to all the media reporters for coming to the joint press conference held by our Yijia Group and our partners.

This press conference is mainly because our Yijia Group has reached a cooperation agreement with Xinjian Bank, Bank of East Asia, Dao Heng Bank, Wing On Bank, Ka Wah Bank, and Union Bank. We will acquire the company at a price lower than the market price. All the six major banks have cut off the housing supply. "

The main reason why the major banks are being run on now is because the large-scale foreclosure of housing has caused the banks to lose funds and only get a pile of reinforced concrete.

But now the Yijia Group directly eats all of the six major banks and cuts off the housing supply, which directly relieves the crisis of the six major banks.

Although the price is one layer lower than the current market price, it still helps the six major banks, rather than taking advantage of the fire.

Although property prices have fallen quite badly in the past two years, judging from the current situation, they will continue to fall. I believe that if it is not because Yijia is its own company, the price this time may not be one floor lower, but two or even three floors .

And because of the acquisition of Yijia, the six major banks not only returned the funds, but also because the people who bought these properties paid the down payment and paid interest for several years, these properties were not all purchased at the peak price, so the six major banks It may not necessarily lose money, and it is hard to say that there may be some profits.

When it was the turn to ask questions, a reporter from Jiayi TV was the first to speak out: "Mr. Guo Zhiheng, we all know that the six major banks including Xinjian are first-class or even top banks in Xiangjiang, and there are many customers, which also leads to the suspension of housing supply. It may be the most, I wonder if the capital of Yijia Group is enough to win these foreclosed houses?"

"Thank you very much for your concern about the strength of our Yijia Group. Although our group was officially established today, our shareholders have invested 100 billion Hong Kong dollars for the development of the group.

This time, our acquisition of the six major banks will also be a wholly-owned acquisition, and we will not conduct recurring acquisitions by pledging and refinancing. "

The reporters present could only complain in their hearts that being rich is self-willed, and they created a company with a market value of tens of billions at will.

And they have no doubt that this [-] billion capital has nothing to do with the six major banks on the surface, and even the shareholders behind this group will not be involved with the shareholders of the six major banks, so as to avoid the facts.

Driven by Li Jianhui, the current shareholders of Xiangjiang companies are simply dazzling. If you don’t know the development context, it is difficult to know which company belongs to which company. On the surface, including Li Jianhui, they are only professional managers. extremely low.

Even if they have been in Xiangjiang all the time, it is difficult to know who owns the shares of each major company, and they can roughly know which consortium the company belongs to based on the person in charge of the company.

Compared with Jiayi TV station asking some innocuous questions, the other reporters were much more pointed, especially since Li Jianhui finally attended today, they would not miss this opportunity.

A reporter from Dongfang Daily said: "Mr. Li Jianhui, we all know that the bank run this time is due to the supply cutoff, and the supply cutoff is due to the sharp drop in the property market, and the sharp drop in the property market is mainly due to the current situation. I don't know if you What do you think about the current bank run and the depressed housing market and the current and future situation?"

This reporter is a bit of a thug, and in order to maximize the opportunity to ask questions this time, he combined three questions at once.

"There are various opinions about the current situation, and the citizens are also a little uneasy, and I understand everyone's feelings very well.

In terms of bank runs, this is not a big problem, and I believe that the major banks are strong enough to survive this crisis.

As for the property market, you have already mentioned the reasons for it, and when this aspect will improve depends on when the situation can be stabilized. Before that, the property market will definitely continue to fluctuate at a low level.

As for the future situation, I am personally optimistic. As long as this period of time is passed, after the situation is settled, our economy will inevitably usher in a new period of rapid development. "

The reporters at the scene were obviously not satisfied with Li Jianhui's response. When it was the turn of the Sing Tao Daily reporter to ask questions, the other party asked Li Guobao.

East Asia Holdings has announced an investment of [-] billion Hong Kong dollars in Tseung Kwan O to build the East Asia Building. However, more than a month has passed, and the investment is still in rumors, and there is no substantive progress at all.

"Thank you very much for your concern for East Asia Holdings. Regarding the construction of East Asia Building, everyone knows that the investment is huge, and the corresponding design requirements are relatively high.

For this reason, East Asia Holdings specially invited the well-known Chinese architectural designer Bei Jinming to design for us, but everyone knows that Master Bei Jinming is very busy with business, and the design time cannot be completed in one or two months, so we did not start construction immediately .

But please rest assured, our East Asia Building will start construction as soon as possible. In the future, the Tseung Kwan O Business District will be the headquarters of our Bank of East Asia, Chinese Land, East Asia Films, and East Asia technology companies. "

……

(End of this chapter)