12 Mount Galley Road.

Cao Yunshang hugged the infant Chu Shifeng, rocking him gently while talking to Chu Huan.

"After you and Bao Yugang finished talking, I guess Bao Yugang won't ask you to borrow money again, right?"

Chu Huan sat on the sofa and gently shook the toy in his hand, teasing Chu Shifeng in Cao Yunchang's arms, and preached.

"It should be like this, but it's also good. Although we are not short of cash now, there will definitely be several wars in the future. For us, having enough cash in hand is the most important thing."

After entering 1979, Chu Huan indeed made several large investments, which also occupied a large amount of Chu Huan's cash.

Among them, the investment calculated in US dollars is Zhanlan Pharmaceutical, which was established in North America. The initial investment has reached 1 billion US dollars, of which the largest expenditure is the establishment of research institutions and the construction of sites.

During the oil crisis, Chu Huan invested US$1 billion.

$5 billion invested in the gold market.

Two Canadian and Australian companies invested US$1.5 billion each, totaling US$3 billion. Later, Chu Huan provided a US$1 billion loan to Huo Tsarhuang and others in the name of Alder Commercial Bank Xiangjiang Branch.

Chu Huan invested US$2 billion in his hometown's bg project, of which US$1.5 billion was normal investment and US$500 million was sold to Chu Huan using Shenghai's land as a product.

In addition, there are investment companies that cooperate with political figures from various countries around the world, investing a total of 2 billion US dollars!

The total investment in U.S. dollars is as high as 15 billion U.S. dollars!

Then there is the investment in Hong Kong dollars.

Projects worth more than HK$500 million include the construction of four hotels in his hometown. Now the project has been officially launched, and the funds have been deposited into the joint accounts of both parties. The total investment in the entire project is HK$800 million.

Nowadays, Wu Shuhan is in his hometown, not only in charge of enclosing land in Shenghai, but also in charge of the construction of these four hotels.

When the Xiangjiang Branch of Alde Commercial Bank encountered a run on loans, Chu Huan took out 3 billion Hong Kong dollars to deal with it. It was precisely because Chu Huan took out the 3 billion Hong Kong dollars to avoid the run on Xiangjiang Branch of Alde Commercial Bank. At the same time,

The deposits of Alder Commercial Bank Xiangjiang Branch have been increased, so the 3 billion Hong Kong dollars Chu Huan does not count as being spent!

Far Eastern Bank spent a total of HK$3 billion to acquire Bank of East Asia. At that time, many people thought that Jiaku spent HK$3 billion to acquire Bank of East Asia. However, in fact, there were not that many cabinets, only HK$2.2 billion.

In order to invest in the second generation of wealthy businessmen in Hong Kong, Chu Huan invested 1 billion Hong Kong dollars in Volkswagen International.

Jiaku, a joint investment company that cooperates with HSBC, invested HK$3 billion.

In addition, the design drawings of the Huangpu Commercial Center have been released. According to calculations, the total investment in the entire Huangpu Commercial Center will exceed 14 billion Hong Kong dollars, but only 1.4 billion Hong Kong dollars are needed in the early stage!

This is Chu Huan’s investment in Xiangjiang, totaling HK$9.2 billion!

It seems that this investment of nearly 16.5 billion US dollars is a massive investment, but don't forget that in 1977 alone, the profits of all Chu Huan's industries in Japan had reached a terrifying more than 5 billion US dollars.

After more than a year of development, Chu Huan’s income in Japan is even more terrifying. According to the Jiaku meeting at the beginning of this year and statistics from Chu Huan, Zhu Xiaozhao, Chen Haichao, Gao Kai and others, Jiaku’s income in Japan last year

It exceeded 8 billion US dollars, which was due to the development of Aku in Japan, the increase in revenue from new games of Langyan Games, and the sales of red and white consoles and handheld consoles.

Chu Huan has mentioned countless times that the rebirth of a successful business person does not require any golden fingers at all. As long as he can perfectly understand the development of each industry, it is enough for this person to have countless wealth.

.

If this income is added to the income from North America, Europe and other places, Chu Huan no longer needs to worry about cash.

"If everything goes well, by next year, I think Xiangjiang Jiaku will be able to enter a period of recuperation. Such a huge acquisition plan will inevitably require a long period of internal digestion after it is completed. Otherwise,

, it will easily lead to an unstable foundation!"

Cao Yunshang suggested to Chu Huan.

Chu Huan nodded and said, "There is another reason. If this acquisition plan is completed, there will be only one HSBC left in Jiaku, Xiangjiang. However, HSBC's situation is a bit special. If he is in Xiangjiang for one day, we will not be able to move him."

He, therefore, has to wait for HSBC to complete their disguised reorganization. It seems that this matter will definitely have to wait now.

As for the rest of Jiaku's affairs in Xiangjiang, they are just patchwork."

After hearing what Chu Huan said, Cao Yunshang thought of what Chu Huan had told him before.

"So, by next year, are you ready to completely sink the Jiaku to the bottom?"

Chu Huan nodded and said, "That's right. Although Jiaku has been doing this in the past two years, sometimes it is still too high-profile. Wait until next year, I will try to reduce the frequency of Jiaku's appearance. By then, various companies under Jiaku will

Even if the branch office takes action, it will be in their own name.

There seems to be no threat to us in Hong Kong now, but no one can predict what will happen in the future.

If you want a family to pass on smoothly, you won’t be able to stay in the spotlight for long!”

Cao Yunshang smiled and asked, "What about your overseas plans?"

Chu Huan smiled and said, "Things always have to be done step by step. First complete the sinking plan of Xiangjiang, and then talk about overseas!"

Cao Yunshang nodded, with doubts still in his eyes, and asked, "Where's my hometown? What are your plans for my hometown? If, as you said, the future development of my hometown has wings, then what's the plan for my hometown?

The situation definitely calls for some big moves.”

Chu Huan's eyes were a little deep, and he said calmly, "There are still some actions being prepared over there in my hometown. I'm afraid there will still be some actions in a short period of time, but the title Jiaku must be used carefully!"

This chapter is not over yet, please click on the next page to continue reading! The two parents-in-law handed Chu Shifeng to the nanny, then came to Chu Huan’s study and began to review the entire Xiangjiang plan. This time the money-burning war was seen by many people

Come on, it only involves the retail industry in Xiangjiang.

If this is the case, they really underestimated Chu Huan. This time Chu Huan not only targeted the retail industry in Xiangjiang, but also the banking industry in Xiangjiang, as well as Yihe Land, which once stood at the top of Xiangjiang's business.

!

Although Yunhai Group has not yet joined this money-burning war, companies in the Xiangjiang retail industry have begun to experience weakness.

These are Hong Kong Department Store and Geely City Department Store in Singapore.

The owner of Dada Department Store is called Yang Fusheng, who was originally from Shenghai. When he was in Shenghai, he founded Heming Shoes and Hats Store at the age of 20. By the 1940s, he worked with many Shengtan businessmen.

Same, left Shenghai and came to Xiangjiang.

Then he started to establish his own Dada Department Store, which now has 5 branches in Hong Kong.

In another time and space, during Yang Fusheng's peak period, there were seven branches and more than 700 employees. However, in another time and space, Dada Department Store still did not avoid the fate of being liquidated.

At that time, the main cooperative bank of Yang Fusheng's Da Da Department Store was the HSBC Bank in Xiangjiang. However, because Yang Fusheng, like other Xiangjiang businessmen, had become successful in his own industry, he also entered the real estate industry in Xiangjiang.

This also led to the insolvency of Dada Department Store itself, and was eventually taken over by HSBC twice. However, in the end, Dada Department Store was liquidated and ended.

Although the ending of Dada Department Store was not very good, it still has a lot to commend itself. First of all, Dada Department Store under the management of Yang Fusheng was the first department store in Hong Kong to mention the commission system.

Yang Fusheng calls it the excess system, which means that if a department's turnover is rated at 1 million, if the department's turnover exceeds 1 million, the employee labor force of the entire department will increase by 50%!

The commission system was commonplace in the department store industry in later generations, but when Yang Fusheng proposed it, it was still the first in the department store industry in Xiangjiang!

Secondly, Yang Fusheng treated his employees very well. When Da Da Department Store was liquidated in 1988, many old employees shed tears when being interviewed by the TV station to express their respect for Yang Fusheng.

This time, the retail industry's money-burning war has put Da Da Department Store into a dilemma in advance.

In Yang Fusheng's office, Yang Fusheng's hair has turned white at this time. He was born in 1919 and is already sixty years old.

Sitting opposite Yang Fusheng was his son Yang Zhanmei.

Speaking of which, Yang Zhanmei has a deep connection with the Hong Kong entertainment industry. His wife is Chen Baozhu, a veteran Cantonese opera star in Hong Kong, and his son Yang Tianjing will also become a supporting artist for TVB in the future.

"Burn money, burn money, you have to have money to burn it!"

Yang Fusheng fiercely stuffed the cigarette in his hand into the ashtray and preached angrily.

"Dad, our company has lost more than 300,000 Hong Kong dollars in the past two days. If this continues, the company's losses will be calculated in tens of millions of Hong Kong dollars!"

Yang Zhanmei was also in a hurry at this time. The development of Dada Department Store in Xiangjiang was radical. Yang Fusheng relied on his own mind and proficiency in advertising to establish Dada Department Store, but his own strength was not very deep, and he relied more on

Bank support.

"It seems that this battle is impossible to stop. If we want to survive this battle, we must solve the funding problem!"

Yang Fusheng also understands the key point of this matter. Since it is a money-burning war, it must be money!

Yang Zhanmei asked carefully, "Daddy, would it be better if we restored the original price?"

Yang Fusheng smiled bitterly and said, "Do you think we won't participate in this war if we don't want to? The current loss is only more than 300,000. If we withdraw, then the loss of funds may directly exceed

million!"

Now the ordinary citizens of Xiangjiang have gradually become accustomed to discount and promotion activities. Now that everyone is discounting, the ordinary citizens of Xiangjiang no longer care who buys from where.

But if you don’t offer discounts, the citizens of Xiangjiang would rather walk a few steps to other department stores to buy goods than buy from you!

Hold on, there is still a chance of survival!

If not, then there is only a dead end!

"How did you go when I asked you to contact HSBC? Is the other party willing to provide us with a loan?" Yang Fusheng asked Yang Zhanmei.

Yang Zhanmei showed a helpless expression and said, "HSBC said that many department stores are contacting them now, and they want to review them one by one. Now we should have other plans, and"

Yang Fusheng took a deep look at his son and asked, "And what?"

Yang Zhanmei said, "Furthermore, even if we get a loan from HSBC, this loan needs to be repaid. Now no one knows when this war will end. If this war lasts long enough, we will not have any money at all."

There will be time to raise funds to repay this loan in the future!”

Yang Fusheng asked, "What are your thoughts now?"

Yang Zhanmei said, "If we want to continue to operate the department store business and hope to obtain some benefits after this war is over in the future, then we need to contact more banks, and save ourselves and sell some of our family's own holdings.

Extract cash from other companies’ stocks and fill the hole in your current company!”
To be continued...