Return to 78: Why are all the Americans panicking about doing scientific research?
Chapter 189 Treat the bank as a treasure trove that can generate continuous wealth!
Before he became the president, he had repeatedly called on the authorities to abandon their soft stance towards the Soviet Union.
The Soviet Union was tough, and the United States must be tougher than its enemies.
Only in this way can the free world gain absolute advantage and initiative in this competition between countries.
Simply defending and making concessions would only make the Soviet Union more arrogant.
Posing an unimaginable threat to the entire free world.
This is what we say and this is what we do.
The new president will show a radical attitude in any matter that is in direct conflict with the Soviet Union.
If we want to completely overwhelm the Soviet Union, it is far from enough to rely solely on the United States and the West.
The Dragon Country, which is regarded as a thorn in the side by the two superpowers of the East and the West, has become countless times more powerful than before.
As he spoke, Lin Kaifeng glanced at a piece of news in the upper right corner of the newspaper.
The news doesn't have much content, only a little over a hundred words at most.
Just now, Lin Kaifeng's attention was focused on the price war in home appliances.
Didn't pay attention to other content.
More than a month ago, several major Japanese home appliance companies, led by Sony Group, engaged in the most brutal and exaggerated price war in history with Best Buy Group.
In a port city across an ocean from the United States, something not insignificant happened.
An old bank in Hong Kong is facing an operational crisis.
The reporter analyzed that if banks cannot obtain large amounts of financial assistance in a short period of time, a bank run is likely to occur.
"Wang Lei, how much do you know about this bank?"
Lin Kaifeng rushed the newspaper page towards Wang Lei.
Following the position of Lin Kaifeng's finger, Wang Lei looked at the content in the upper right corner of the newspaper.
"I heard that this bank was established in the 20s and has a history of years. It is the ancestral business jointly run by three generations of the Li family."
After that, Wang Lei asked in a strange tone: "Brother Lin, you are not interested in banks, are you?"
"That's right."
Lin Kaifeng smiled calmly and said, "Do you remember what my main purpose for coming to Hong Kong City this time was?"
Wang Lei said without hesitation: "Making some quick money through the foreign exchange market will help Northern Machinery Company have sufficient foreign exchange funds and avoid problems such as insufficient foreign exchange funds when it wants to buy new foreign products."
Lin Kaifeng nodded and said, "You are from China, so you are familiar with the domestic situation. No matter what kind of enterprise it is, no matter how much foreign exchange profit it generates, the foreign exchange exchange quota in hand is limited."
"I want to use the branch as a small treasury for the head office and leave sufficient foreign exchange funds in Hong Kong City. Now it seems that I can choose a simpler way to acquire Li's Bank."
"Brother Lin, stop joking. Acquiring a bank is different from acquiring a company. Even if Li's Bank is facing an operational crisis and may go bankrupt, a bank is still a bank. You can't just acquire it if you want to."
Wang Lei just asked casually, but he didn't expect that Lin Kaifeng really planned to acquire the bank.
Since he has no work experience in the financial industry and rarely deals with banks, banks have always been a high-end existence in Wang Lei's mind.
Whether it is a Chinese bank or a foreign bank, acquiring them would require at least hundreds of millions of dollars.
Of the 50 million US dollars that Lin Kaifeng brought to Hong Kong this time, half was invested in the foreign exchange market, and the other half will be further invested in the foreign exchange market in various ways in the next one or two months.
By taking advantage of the depreciation of the US dollar and the appreciation of the island nation's currency, Lin Kaifeng was able to make a lot of quick money.
Now, Lin Kaifeng plans to acquire the bank.
Wang Lei's face changed drastically, and he repeatedly urged Lin Kaifeng to calm down.
To do business smoothly in Hong Kong, you must first solve an important problem: foundation and connections.
The Wang family is an outsider, and Lin Kaifeng's Northern Machinery Company is also an outsider.
The two had neither power nor strong connections in Hong Kong.
Even if you can come up with hundreds of millions of dollars, you may not be able to acquire a bank.
Lin Kaifeng said: "If you want to acquire a bank, you will indeed face a lot of interference and influence from the outside, but what if you succeed? It will be of great help to both you and me. With a bank of our own, financing and borrowing will become extremely smooth."
"Brother Lin, please wait a moment."
Wang Lei rubbed his temples vigorously.
Recalling a previous gathering with friends, a friend once talked about several banking red line regulations.
"Remember it!"
Wang Lei slapped his forehead and said, "Brother Lin, if you want to use the bank as your own money bag and continuously withdraw funds from the bank, I advise you to give up this idea. I have a friend who is a deputy manager in a bank. He told me personally that for those working in the financial industry, there are three red lines that cannot be crossed."
"One of the most serious rules is that banks are not allowed to lend money to companies or factories that are related to them."
"In other words, if you become the boss of a bank, you can only lend money to companies that have no relationship with you. You cannot take money to the Northern Machinery Company's account in the name of borrowing or lending."
"If you do this, you are likely to face jail time, and even if you return to the mainland, the bank will be fined and confiscated by the British authorities."
Lin Kaifeng's idea of using chickens to lay eggs is good, but unfortunately, it is not feasible at all.
If it were possible, countless people would have done it already.
Buy the bank with your left hand and put the funds in the bank into your pocket with your right hand.
Treat the bank as a treasure trove that can generate continuous wealth.
Lin Kaifeng smiled and said, "Wang Lei, you are good in every way, except for one thing: your understanding of business and capital is too immature."
"Don't you know the saying? There are policies from above and countermeasures from below. There are many ways to cross this red line."
"Behind every regulation, there are dozens or even hundreds of ways to circumvent the regulations."
Wang Lei said unconvincedly: "But..."
"Don't say anything yet, just listen to what I have to say."
Lin Kaifeng interrupted Wang Lei and continued, "Compared with the possible risks, there are too many benefits to acquiring a bank. Any company that wants to grow bigger and stronger will inevitably have to deal with banks. What kind of German system are banks? You have experienced it before."
"Whether it is a Chinese bank or a British bank, they always give umbrellas when it is sunny and take them away when it rains. They take advantage of the fire to rob us, and each one is more vicious than the other. Asking them to help in times of trouble is even more painful than asking them to die."
"That's true. But what if...what if there really is a risk?"
Wang Lei persuaded earnestly: "Brother Lin, there are many ways to make money. With your ability, you can definitely get funds from other channels. There is no need to do such a risky thing."
Wang Lei repeatedly persuaded Lin Kaifeng to give up the idea of coexistence of threats and opportunities.
In a capitalist society, disrupting financial order is a serious crime.
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