Chapter 39 Prepare for bargain hunting
After the old man's narration, Zhao Hong knew that there are currently 20 billion Hong Kong dollars in bank deposits converted into five billion US dollars, several billion Hong Kong dollars converted into gold as bank reserves, and one to two billion Hong Kong dollars as emergency needs. It can be said that
Meisheng Bank has risked its life and fortune. If it fails, there will not be much loss in money, but the bank will lose a lot of customers. The bank will have to wait for at least a year to recover. But if the gamble wins this time, the benefits will be too great.
, so the old man believes in Zhao Hong's words and is willing to take a gamble. He is very willing to follow up on this kind of bet with low risk and high return.
Zhao Hong admires the old man very much now. In fact, Zhao Hong just started this matter by talking about the return of Hong Kong in 1997. It is not a secret at all that the mainland wants to take back Hong Kong. The upper class in Hong Kong now generally knows it, but
I don’t know what the outcome will be. I don’t know whether the east wind overwhelms the west wind or the west wind overwhelms the east. But most people think that it is impossible for Hong Kong to return. The strength of Britain is deeply rooted in the hearts of the people. There is nothing to worry about. The horses are riding and the dancing is dancing.
They don't know that things are different now. The British Empire in the past was a strong foreign power but a weak power within. China is no longer the same.
So the old man analyzed the business opportunities from Zhao Hong's hypothesis, and boldly followed up, thinking that he could make a bet. As long as everything was right, Meisheng Bank's assets would at least increase several times. By then, their family would really squeeze into Hong Kong.
Among the top wealthy families, he can truly retire with success.
It only took the old man less than twenty minutes to explain the matter clearly. Zhao Hong just listened to him and did not interrupt. He knew that the old man was still very stressed. He told Zhao Hong to find someone to talk to.
At the same time, letting Zhao Hong know a rough idea can also relieve the pressure. In fact, Zhao Hong has nothing to add. The old man’s ability to do things is quite strong. You must know that at this time, the outside world did not know that he had played such a big game of chess.
, everyone thought he was unfounded and worried about the real estate crash! This kind of thing is still hidden by the bank. Except for a few people, even the bank's senior executives don't know much about it. Of course, only a few senior executives know about it.
They still know, but they are loyal to the old man and will not reveal anything to the outside world.
When Zhao Hong and the old man returned to the hall, it was already an hour later. Zhao Hong also expressed his opinions and predictions in a timely manner at the end, letting the old man prepare. The date for harvesting the fruits is not far away. It is already June.
It's the 29th, and just after September 14th this year, Hong Kong will usher in a storm. Due to the iron lady's fall in front of the Hall of Fame, the direct result is that the Hang Seng Index in Hong Kong continues to plummet.
One thing was also involved, the Jianing Group fraud case. The mastermind of Jianing Group was Chen Songqing. He used to work as a civil engineer in Singapore. After going bankrupt there, he went to Hong Kong as a real estate project manager in 1972. In 1977, Chen Songqing
It was initially established as a pest control company, and then slowly began to invest in different industries such as real estate, restaurants, hotels, etc., and became the "Jianing Group" the following year. In 1979, it acquired a listed company and took Jianing backdoor to raise funds.
Through continuous mergers and acquisitions, sales and transactions over the past few years, the group has expanded rapidly; during this period, it has obtained loans from many financial institutions. In 1980, Zhan Peizhong, who was known as the "golden bookmaker" at the time, manipulated the stock price of the Jiani Group to increase its stock price.
He became famous after soaring sixteen times (this practice is now illegal). It once rose from one yuan to seventeen yuan and nine cents in November 1980. It became a myth among stocks that can only rise but never fall, and the long-term victorious general.
However, due to the fall of the Iron Lady, Hong Kong real estate prices fell due to future problems in 1997, and the true colors of the Jiani Group were exposed. Finally, Chen Qingsong was arrested, and Jiani's creditor bank filed a petition with the court for a liquidation order in October 1982.
In October 1983, Jianing Group was officially liquidated, creating the largest corporate collapse in Hong Kong and Asia.
Zhao Hong did not make a fuss about this. If he made money from this, he would easily be hated by everyone. After all, the money obtained through fraud is the hard-earned money of Hong Kong people. Although the investment is small, the cycle is short and the results are large, but
Zhao Hong didn't mess with him, so as not to cause any trouble.
It doesn't matter if he is a pauper now, but now that he does not lack that little money, his own conscience will not be able to forgive him for transferring money without conscience. Of course, he did not make any revelations. After all, it has little to do with him, and those stock investors will blame them.
If their vitality is not good, in fact, they have themselves to blame, greed is the cause.
After everyone chatted for a while, the old man and grandma went to rest. Zhao Qiqi's room had been prepared, and it was right next door to Zhao Yingying. The two of them were getting along very well now, and they were very close to each other. Zhao Hong really felt that they were similar.
places with similar personalities.
Seeing that everyone had finished chatting, Zhao Hong returned to her room to get ready for an early night's sleep. However, just after entering the door, she heard someone knocking on the door. When she opened the door, she saw that it was Zhao Hong, her sister and Zhao Qiqi.
"Brother Zhao Hong, I'm a little scared!" Zhao Qiqicui said crisply, with a little panic in her eyes. After Zhao Hong let them in, they let themselves go and started playing on Zhao Hong's bed. I'll go!
Do you believe your lies? Zhao Qiqi, can you act any better? Your true colors are revealed in just three seconds.
"Why don't you make trouble in your own bed?" Zhao Hong said.
"Your bed is convenient, just a matter of convenience." Zhao Yingying said.
"I'm a girl! How can I sleep if the bed is turned upside down?" Zhao Qiqi said confidently.
Zhao Hong was almost speechless. The bed you share with me is no longer a bed? I let you mess it up as you like. Now Zhao Hong is a little doubtful whether it was right or wrong to bring him here. After a long fuss, Zhao Qiqi left, and Zhao Yingying stayed.
Obviously there is something else going on.
Zhao Hong chatted with him about the company. DreamWorks Group has been developing steadily from last year to now. First of all, fashion magazines made the most money last year with Mengliren Clothing. Now the brand is very famous in Southeast Asia. This is due to the vigorous efforts of the year before last.
Promotion, but the combined revenue from last September to now is nearly one billion. The fashion magazine Meng Jiaren is exported to Southeast Asia, and many big companies want to advertise on it. Now the page advertising fees are rising again and again.
Comics are also developing rapidly. Each issue now sells about 6 million copies. Not to mention Southeast Asia, there are also sellers from Europe and the United States. The total sales volume is 20 to 300,000 per week. The cost of printing more
It has been reduced. Each copy is about HK$2.00. The ex-factory price is HK$5.00. One issue can earn HK$18 million. In ten months, the net profit is more than HK$500 million. Toys are also very profitable, because
The Southeast Asian market has opened up, and it has made 800 million Hong Kong dollars during this period. There is also something about the theater chain. The income is about 10 million Hong Kong dollars, which is just used to buy another theater. Now there are six DreamWorks Cinemas, and
Publishing books makes a net profit of 200 million Hong Kong dollars.
The total figure is about 2.5 billion Hong Kong dollars, which is 1.2 billion Hong Kong dollars more than Zhao Hong's original estimate. The company earns an average of 250 million Hong Kong dollars every month, which is a bit scary when you think about it.
Adding up the original 1.2 billion, there are 2.7 billion Hong Kong dollars in cash. Now it has been converted into US dollars, which is about 675 million US dollars. In the next two months, the company can still earn 460 million.
Chapter completed!