Chapter 376 Ten billion Hong Kong dollars to buy gold
In terms of light industry, Li Wen felt that it was better to forget it. In the future, China will have a large number of labor forces and there will be space. Returning to China in a few years will be the best choice, so now the only options are finance and high technology.
Based on the memories of his previous life, Li Wen also knew the role that Xiangdao would play in the next few decades. In the future, Xiangdao would develop into a world financial metropolis with the support of China.
As for high-tech, Xiangdao's development has been mediocre due to problems with its foundation. It has been doing OEM work for others and its own development has been slow.
But slow development does not mean that high technology cannot develop. Li Wen has the memory of his previous life. In this life, he wants to build Xiangdao into a metropolis with parallel finance and technology.
Of course, there are certain reasons why Li Wen is only developing high technology now.
In 1968, the international situation suddenly changed, and the bear overturned the table.
As the saying goes, the enemy of my enemy is my friend. The attitude of the Chou Kingdom and the Celestial Empire has also become ambiguous, and many high-tech technologies are slowly being lifted.
The status of Xiangdao happens to be very ambiguous, so in Li Wen's view, this is the time to develop high technology.
At present, Xiangdao's main business is still light industry, textiles, small electrical appliance assembly, and plastic products, and the financial industry has just started.
In the 1970s, the world economy began to expand due to the dollar. By then, the financial industry would completely explode and people's incomes would skyrocket.
People in Hong Kong have a strong gambling habit. In the financial era, these ordinary industries have too low technical content and low profits. In their eyes, they are worse than stock trading, financial house speculation.
Coupled with the rise of Xiaori and Bangzi light industries, technology began to crush the world, so in the next ten years, these industries in Xiangdao began to fall into decline.
By the 1980s and 1990s, Hong Kong had become a purely financial and tourist city, and other businesses had become very ordinary.
Li Wen has also been living in Hong Kong for four or five years and understands these reasons. He believes that this is not a problem for the people of Hong Kong, but a problem for the entire Hong Kong region.
Although Xiang Island is close to the mainland of China, it is now a colony of the Sunset Kingdom and is under the control of Gui Lao.
Most of the people in Xiang Island are just living in confusion, and some wealthy tycoons have no sense of security and belonging. After all, they are working for the ghosts. Therefore, most people in Xiang Island only look at the immediate interests and dare not have long-term ideas.
After all, it is common for orders to change overnight.
After planning the path for future development, Li immediately took action.
However, food needs to be eaten one bite at a time and things need to be done one by one. Li Wen is going to start by making money first.
He knew that it was very expensive to buy a bank and engage in high technology. A bank that Li Wen was satisfied with would cost at least several billion Hong Kong dollars.
As for high technology, a machine can easily cost hundreds or tens of millions of dollars, so it's impossible not to have enough ammunition in hand.
Since many countries started withdrawing their gold from national treasury last year, the international gold market has experienced slight fluctuations.
And Li Wen knew that this year, the shortage of funds in Chouguo's gold stockpile would completely explode. The consequence of the explosion would be that the price of gold would skyrocket, and stock market futures would become a bull market.
Li Wen has withdrawn more than 7 billion Hong Kong dollars from the two companies, including more than 300 million US dollars from overseas, this will be a very considerable amount.
After raising the money, Li Wen went directly to Goldman Sachs. He had no choice but to have so much money without a company that could help him buy goods, and in Hong Kong, Goldman Sachs was a good partner.
Since the cooperation between Li Wen and Goldman Sachs in the past few years, Goldman Sachs has completely taken root in Hong Kong, from a station to Goldman Sachs Asia.
Now the headquarters of Goldman Sachs in Hong Kong is in a newly built 30-storey building. The entire top two floors are his territory. The quality has indeed improved a lot.
"Hi! Dear Li, my good friend, long time no see." In the president's office, Mike hugged Li Wen warmly.
"Ha ha!"
"Mike, you are a lot fatter now than before! It seems that your life in Xiangdao is going well." Li Wen joked and gave Mike a gentle hug.
Mike was really happy to see Li Wen. It could be said that it was very difficult when he first came to Xiang Island. He was already prepared to fail in his development, but he didn't expect that Li Wen would directly give him a big gift.
"Li, I don't know what I need to do when I come to Goldman Sachs today." Mike spoke very directly.
"Mike, I have brought you a lot of achievements today. If our cooperation is successful this time, congratulations, you will overfulfill your tasks this year." Li Wen said with a smile.
Sure enough, when Mike heard what Li Wen said, his eyes lit up instantly, and he couldn't wait to ask: "Li, what kind of business is it? Do you need a loan, or is your company preparing to go public?"
Originally he was looking for help, but Li Wen easily took the initiative in his own hands with just one sentence.
"Mike, I want Goldman Sachs to help me purchase gold futures and stocks." Li Wen shook his head and said directly.
When Mike heard that he was buying futures and stocks as an agent, his heart immediately cooled down, and his performance was much smaller. But he didn't expect that the numbers Li Wen said next made him excited.
"Mike, don't be depressed yet. I have nearly two billion U.S. dollars in hand, and I plan to use it all to speculate in gold futures and stocks." Li Wen chuckled.
When Mike heard the numbers Li Wen said, he thought he was hallucinating and jumped up from the table.
"Li, are you sure it's two billion US dollars and not two billion Hong Kong dollars? Of course, I would also welcome it if it was two billion Hong Kong dollars." Mike stared at Li Wen with a fiery face, like a greedy wild wolf.
"It's not Hong Kong dollars, it's two billion US dollars?" Li Wen repeated.
"Linda, go quickly and take out the top-quality Cuban girl cigars that the headquarters awarded me.
I don't deserve to enjoy such exquisite things, and only distinguished guests like Li are the best destination for them." Mike shouted excitedly toward the door.
Li Wen also didn't expect that this guy Mike also had a genuine cigar rolled on a girl's thigh. This thing was said to be expensive but not marketable, so today he would be rude.
There were ten cigars in the exquisite wooden box. Li Wen opened the box gently, and a faint fragrance hit his nostrils. It was indeed much better than the fifty-dollar cigars he had smoked before.
After closing the box gently, Li Wen said, "Mike, I need to purchase all of this money into futures and stocks within half a month. Can you do it?"
"Li, there is no problem with this. I dare not say that Goldman Sachs' business is the best in the world, but it is also top-notch. I promise to complete the acquisition within half a month." Mike patted his chest and said with a happy face.
Next, the two of them negotiated the commission issue, so that commissions for large amounts of money can naturally be negotiated. Finally, they discussed two points.
"Mike, after buying this stock futures, I plan to hold it for a long time.
It’s not a big deal to keep so much money. I wonder if I can use these stock futures to mortgage loans at your company?” That is to say, buying gold and generating cash flow were the main purpose of Li Wen’s search for Goldman Sachs.
Chapter completed!