A small office in Central is the office of Vanward Line, and the ship owned by Vanward Line is the Oriental Trader.
At this time, Lin Zhichao, Li Gaofu, and Huang Tinggui were reviewing the accounts. 'Eastern Traders' has been in operation for two months, and it is time to test the results.
In fact, from the purchase of Eastern Traders to its operation, Lin Zhichao was personally involved and held a dominant position. In any case, he is still the largest individual shareholder.
"Bosses, excluding labor, fuel, losses and other expenses, the profit of Eastern Traders in two months is about HK$72,000." The financial officer said seriously and handed the financial information to Lin Zhichao.
Lin Zhichao then took a serious look at it. To be honest, the profit was a bit lower than expected. According to this profit, it would only take two years to earn back an old ship, and new expenses and risks may also be added during this period.
However, he quickly realized that shipping is a "cyclical business". During shipping booms, it is normal for profits to increase exponentially.
Huang Tinggui said with a smile: "Actually, this profit is very good! After all, Eastern Traders did not run the Weihaiwei route, otherwise it could earn more. Of course, Lin Sheng has his own ideas, and stability is more important."
He also has great respect for Lin Zhichao, which was influenced by his partner Li Gaofu.
Running the Weihaiwei-Japan-Hong Kong trade route, one ship can earn 70,000 to 80,000 yuan at a time, which is 1.5 to 2 times the normal shipping cost. It is almost an old ship per year, and of course it depends on the ship price.
For many shipowners, they would rather take risks; of course, it is useless for shipowners to take risks, after all, they do not know how to trade, so there are only a few companies running this line.
Lin Zhichao handed the financial report to Li Gaofu and said casually: "You can only make one or two trips, so it's better not to run! Assuming the risk is 10%, and you returned safely the first six times, wouldn't the risk increase for the seventh time? This is
Probability, so I don’t want to take this risk.”
Huang Tinggui immediately gave a thumbs up and said: "Lin Sheng is indeed a big businessman, he even thought of this!"
Seeing that Lin Zhichao spoke frankly, he admired Lin Zhichao's personality even more.
This is also true. In business, Lin Zhichao's statement is right and wrong; if the last one or two shipwrecks occur and people are killed, he will suffer a big loss.
The few people stayed at Wanhe Shipping for a while and then separated. Wanhe Shipping currently only has three office staff, but there are five bosses. However, in order to prevent too many people, it is usually led by Lin Zhichao, Li Gaofu and
Huang Tinggui is involved, but the other two partners of Fuhe Bank have no management rights.
Blessings and good fortune.
The four partners, Li Gaofu, Huang Tinggui, Li Fubing and Yang Zhiqiang, were having a meeting. Li Fubing and Yang Zhiqiang initiated the meeting, which made Li Gaofu and Huang Tinggui feel vaguely uncomfortable.
I saw Li Fubing say: "There has been news from Weihaiwei that the trade has been stopped. It must be that victory is in sight and there is no need to buy those items anymore. So, Zhiqiang and I discussed it and wanted to withdraw our shares!"
Li Gaofu and Huang Tinggui were immediately puzzled. As the helmsman, Li Gaofu immediately said: "Why is this? The four of us worked together and finally made it today. We have a trading business and our own ship. It can be said that Fuhe Bank has just started."
Unexpectedly, when he heard 'there is a ship', Li Fubing immediately counterattacked: "That ship does not belong to Fuhe Bank at all. Lin Sheng is the major shareholder, and he has absolute rights. Fuhe Bank has to take care of the Eastern Traders when it is selling goods. In short,
This business is a bit unclear. Of course, we are very grateful to Brother Gao Fu for helping us make a fortune. Fuhe is the best and most profitable business in the Weihaiwei-Japan-Hong Kong trade. But now, this
Now that the business is gone, we can consider going our separate ways and we can still be friends in the future."
We can only share adversity together, but not wealth and honor. This is probably what we are talking about.
At this time, Huang Tinggui came out immediately and said: "Fu Bing, Zhiqiang, have you ever thought about who gave us guidance on this trade, and have you ever thought that 800,000 yuan can really buy such a good ship? Have you ever thought about it?
, How much benefit will it bring to us in the future to know people like Lin Sheng? The Eastern Traders account, to put it bluntly, Lin Sheng will quit after practicing for one year, and then we will all own Fuhe Bank. To be honest, without Lin Sheng, this business
You can’t even buy a boat.”
Li Gaofu's face became tense. He did not expect that Li Fubing and Yang Zhiqiang were such people. He thought that everyone was of the same mind, but he did not expect to be so short-sighted. He remained silent, but when Li Fubing and Yang Zhiqiang brought it up, he was almost certain to separate.
If we have different ways, we will not seek each other!
After hearing what Huang Tinggui said, Li Fubing and Yang Zhiqiang's faces turned rosy, and then looking at Li Gaofu's livid face, they knew that they had offended the helmsman of Fu Hexing.
But the arrow was on the string and had to be fired.
Yang Zhiqiang immediately supported Li Fubing and said: "Now that it has been spoken out, it is good for everyone to break up peacefully."
Huang Tinggui wanted to persuade again, but Li Gaofu said readily: "Okay, no problem! After the goods on the ship arrive at the port for sale, everyone will settle the matter. Brother Tinggui and I will buy the goods in your hands at the asset price.
Shares. How about it?"
Li Fubing and Yang Zhiqiang nodded guiltily, and Huang Tinggui could only sigh. Unexpectedly, two of the four of them had already left in less than a year.
But he must have gone to the end with Li Gaofu. If the money is divided, what else can he do?
But Li Fubing and Yang Zhiqiang were calculating in their hearts how much money they should divide, which could be more than 100,000 Hong Kong dollars: after the trade ended, Fuhe Bank's account was almost 520,000, plus the value of 50% of the ship's shares was 400,000, plus
50% of Vanhe Shipping's cash has a market value of 36,000, totaling about 950,000. According to one person holding 12.5% of the shares, two people can each share 115,000.
They only invested 25,000 Hong Kong dollars a year ago. During this period, they distributed 37,500 Hong Kong dollars once, and they have recovered the cost. Now they can still get 115,000 Hong Kong dollars. It is obviously the most profitable business.
Huang Tinggui firmly believes that he is right. His family environment has determined that he has a long-term vision. Fuhe Bank will then specialize in trade, mainly with the mainland, and there is also a ship, which is simply developing far-reaching; he really
I don’t understand why Li Fubing and Yang Zhichao quit at this time.
Fortunately, the combined shares of the two of them are only 25%, and he and Li Gaofu only pay dividends to buy their shares. In this way, after paying the two people, Fuhe Bank still holds 50% of the shares of Wanhe Shipping, and about 50% of the shares of Wanhe Shipping.
300,000 Hong Kong dollars in cash; the new shareholding ratio is that Li Gaofu holds 62.5% of the shares and he holds 37.5%.
It's a good thing!
Today, Fook Ho Hing has many "old associates" who are worth the loss of the two partners.
Castle Peak Road, Tsuen Wan, Cheung Kong Holdings.
Lin Zhichao sat in the spacious office and received Jian Dongpu who came for inspection.
This office is quite large, almost over 300 square feet. Of course, this is Tsuen Wan, a deserted beach with only a few factories and a large number of wooden houses.
"You took out the funds from your account and exchanged them for U.S. dollars to deposit in the Bank of East Asia. Are you preparing to import machinery, or are you?" Jian Dongpu quickly asked the question.
Cheung Kong Holdings has a deposit of US$400,000 in its account, and only a small amount of Hong Kong dollar deposits.
Lin Zhichao said frankly: "I want to order machines this year. I am worried about the depreciation of the pound, so it is better to convert it into US dollars first!"
It doesn't hurt to tell Jian Dongpu this, after all, he may not necessarily believe that the pound is about to depreciate, let alone convert the deposits of the Bank of East Asia into US dollars.
Jian Dongpu said with a smile: "The pound is so easy to depreciate. You know, people have been betting on the depreciation of the pound since World War II. It has been four years. But if you need to order machines overseas, it is normal to deliver them in US dollars. Always be prepared."
That’s right.”
Indeed, the pound has been strong for four years. And no one would have thought that the powerful British Empire would soon have its colonies becoming independent, and its former glory would no longer exist!
Lin Zhichao suddenly made a request: "Mr. Jian, how do you evaluate the finance of Cheung Kong Holdings?"
Jian Dongpu smiled and said: "Very good! You have technology, cheap labor, and full competitiveness. I am afraid it is possible to make a profit of 4 million this year."
Lin Zhichao immediately climbed up the pole and said: "In that case, I would like to borrow another one-year debt of HK$1.5 million."
Cheung Kong has successively paid off debts of RMB 400,000 and RMB 500,000, and currently still owes Bank of East Asia RMB 1.5 million (excluding interest); and based on its asset value, profits and other comprehensive strengths, it is reasonable to borrow another RMB 1.5 million.
Jian Dongpu frowned, because he knew that Changjiang Industrial was no longer short of money, so what was the purpose of this loan?
"What's the purpose?"
"Exchange dollars"
Jian Dongpu felt that Lin Zhichao was crazy. He borrowed such a large sum of money to bet on the depreciation of the pound. The interest for one year was 210,000 Hong Kong dollars.
However, this transaction can be done.
“US dollars must be deposited in our bank!”
In this way, BEA at least mitigates its risk.
"No problem, we need to release the loan as soon as possible!"
"Okay, I'll release the loan in the next two days!"
In this transaction, the losers were the financial institutions that dealt with the U.S. dollar. Of course, no one knew that the pound would fall. Only a few people in London knew about this kind of thing.
Soon, Lin Zhichao felt a little blushing because of his gambling. If the pound did not depreciate, he would lose more than 3% of the handling fees, plus interest.
However, he did remember that before the Hong Kong dollar was pegged to the US dollar, the pound experienced two major depreciations, one by 30% and one by about 14%. One was in the 1940s after World War II, and the other was in 1967.
After getting the loan, Lin Zhichao must have immediately arranged to exchange it for U.S. dollars. There are a lot of U.S. dollars circulating in Hong Kong, many of which were brought from the Shanghai Stock Exchange. For example, people like Du Yuesheng brought hundreds of thousands of U.S. dollars, and Hong Kong also
There is a lot of U.S. dollars in circulation.
After the Hong Kong-Weihaiwei-Japan trade was completed by Fuhe Bank and the settlement was completed, Li Gaofu and his family held a grand banquet for Lin Zhichao's family. The two families had dinner at the Hong Kong Hotel (Pedter Street, Central).
The big hotel in Kowloon is called the Peninsula Hotel, and the big hotel in Hong Kong Island is called the Hong Kong Hotel.
The first owner of the 'Hong Kong Hotel' was Chinese Zhao Jiuyan. It was originally located near the sea and opened in 1868. The building was six stories tall and was always the tallest building at the time. It had successively experienced many owners, such as Zhao Lianbi, the governor of the Republic of China, and a Shanghai tycoon.
Du Yuesheng, Hongxing and Hongfu, the final property rights returned to the hands of the management rights-the Kadoorie family.
A fire broke out in the 'Hong Kong Grand Hotel' in the 1920s, so the Peninsula Hotel in Kowloon took its place, and the original site of the 'Hong Kong Grand Hotel' was divided into two. One half was sold to Land and built the Gloucester Building; the other half
, built a five-story tenement building 'Hong Kong Hotel'.
As for the current quaint Hong Kong Hotel, in its previous life, it was sold to the Xu Aizhou family in the late 1950s and was newly built into the "China Construction Building", which is also known as the "Doctor's Building".
In the private room, the two families sat together and laughed, and now Li Gaofu could barely be considered an equal to Lin Zhichao; if Li Gaofu had only been a part-time worker all his life, Lin Zhichao would have been alienated from him because of the mismatch in status.
This is how the circle is, just like the airship Tai in his previous life transported goods and met a group of brothers in the past three years. At that time, they were close friends; but later, airship Tai went into real estate and became very popular, and troubles followed. These
The brothers asked for guidance one after another (there were many people asking for guidance, not just brothers like this); Tai knew that once they entered into business together, they would be in constant trouble, so they would rather give them some money to pass away; later on, those brothers would naturally
If you curse someone behind their back, the relationship will fade away.
People with different social statuses cannot communicate with each other.
For example, Lin Zhichao's current uncle can only arrange for his family to work in Cheung Kong Industries, with a monthly salary of 150 yuan (with a certain level of education), and then provide management treatment - living in a metal house.
It's not that Lin Zhichao refused to support him, but that he hadn't let Lin Zhichao see the value yet. For example, he said to Lin Zhichao that day, 'I want to do some business, can you lend me some money?'
Yes, of course you can, but the person who should establish the document must still establish it. If you lose, I can only guarantee that your family will not starve to death.
However, no matter how poor you are, you cannot afford education. The tuition fees for your children and cousins are all provided by Lin Zhichao. And how many children can study can only be achieved in this era.
This is a very real problem!
He couldn't let his uncle's family spend his money to enjoy themselves, so he could only provide appropriate support.
Li Gaofu was different. Although his relatives were not very close, he was kind enough to take him in at the beginning. Later, Li Gaofu made great achievements in promoting zippers in Japan, which made Lin Zhichao see his shining point. He also happened to have a business to make money, and Lin Zhichao was inconvenient and wanted to
If he took the risk, he lent him one hundred thousand and gave him some advice.
If he loses money, Li Gaofu will have to work for him for at least 20 years.
"Li Fubing and Yang Zhiqiang withdrew their shares from Fuhe Bank. Huang Tinggui and I each bought 12.5% of their shares," Li Gaofu said.
Lin Zhichao then said: "Everyone has his own choice. Many people can share adversity, but they cannot share wealth."
He understood some of the reasons, but didn't take them to heart.
Li Gaofu nodded and said: "It doesn't matter if we leave, the two of them are always lagging behind and lack of courage. Recently we plan to enter new trade and do business with the mainland! I think that New China's heavy industry will have the Soviet Union, and its light industry will definitely come from Hong Kong.
For example, food, machinery, tires, chemicals and raw materials, and the mainland also has duck feathers, dry goods, bean cakes, livestock feed, etc. If these trades are opened up, I don’t say how much you can make, but you will definitely make a small profit."
He talked about the plan confidently, but in fact he wanted to seek advice from Lin Zhichao.
Lin Zhichao didn't know so much, but he also gave some pointers: "The trade you mentioned has a premise, that is, after the establishment of G, when the national economy is rebuilt, these trades will be available. For now, there is no JF in Guangdong Province, so
Everything is unknown. Even when doing these trades in the future, you must pay attention to changes in the environment; and be sure not to sell fake goods, as you may harm your hometown people if you catch them."
Li Gaofu nodded seriously. He couldn't digest everything at once, but he remembered every word.
During the dinner, Lin Zhichao heard that Chen Shufang was pregnant again and expressed his congratulations: "Getting rich is good! When you lived in Sheung Wan, you just thought about Gao Fu getting rich. Now that dream has come true, do you have any other dreams?
"
Chen Shufang couldn't raise her head in front of Lin Zhichao, and she felt guilty that she almost missed the God of Wealth back then. Thinking about it now, if Lin Zhichao had been so thin-skinned at that time, her husband would probably have been a clerk for the rest of his life, so Chen Shufang often suspected that everything was just a dream now.
I woke up from a nightmare, and then I got up to look for the land deed, and then I settled down.
"There are no dreams now. I am very satisfied with my current life. If I have any, I just hope that I will be happy and safe."
Lin Zhichao laughed "haha" and said: "He is the boss now, and he doesn't want to run a ship himself, nor does he go to the mainland for trade, so where is the danger?"
Li Gaofu also said angrily: "It's such a waste of worry!"
The status of the family is clear at a glance! Looking at it like this, it is possible that Li Gaofu is taking concubines.
After all, in Hong Kong in this era, there are too many wives to marry. Some open small restaurants or factories and have multiple wives.
Finally, Li Gaofu took out another gold gift, but Lin Zhichao firmly rejected it.
"If you can give it to me, you have already received it; when I helped you, I never thought about asking you to repay it. Take it back!"
Seeing Lin Zhichao's resolute attitude, Li Gaofu could only take out one of the gifts and said: "This is for Rui Huan, and it is also a pair made of gold."
Lin Zhichao just accepted it. Anyway, he would return this gift in the future.
In fact, Li Gaofu was "scammed" by Lin Zhichao. In the middle of next year, if they want to buy 50% of the shares of the ship, they will need to pay Lin Zhichao US$100,000.
At that time, US$100,000 was almost HK$520,000.
It can be said that it takes almost a share of the annual profits of the 'Oriental Traders', plus Fuhe Bank's current funds, to make up for it.
Lin Zhichao has no intention of sympathizing with them!
This can be considered an exercise!
Of course, in their minds, they couldn't possibly think that Lin Zhichao was cheating them. After all, Lin Zhichao was not a god, so the pound was about to depreciate.
And because what Lin Zhi exceeded was US dollars, he naturally had to get the US dollars back, otherwise he would have lost money.
If Fu Hexing can make some money in the next trade, he will not be considered poor.
By the time of the Peninsular War, they only had one ship in hand, and they had opened up trade channels with the mainland, which made smuggling easier. You must know in which era, almost everyone in Hong Kong was smuggling.