Reborn as a tycoon in Hong Kong

Qin Lan then mentioned Galaxy Financial Group and talked about several things.

First of all, Lin Baicheng was restricted by the Securities Regulatory Commission a few days ago, and Yum Securities was implicated. In those days, stock trading was not possible because the company was an industry under Lin Baicheng's name.

Therefore, Yum Securities was slightly affected by this. After all, in addition to trading some of Lin Baicheng's funds, the company also accepted the brokerage business of other funds. Other people's funds could be traded in stocks through Yum Securities. The inability to trade on those days naturally affected the interests of customers. , Yum Securities paid a lot of money in compensation.

Not to mention the loss of money, the reputation of Yum Securities was also slightly affected. Some customers were worried that this would happen again in the future and no longer chose to conduct stock transactions through the company's channels, resulting in the loss of many customers.

This kind of reputational impact will take time to pass away. Don't say too far, the company's performance this year will be affected to some extent.

Then there are two things related to Galaxy Bank.

One is that the Carnegie Group wants to use the Golden Gate Building as a mortgage to borrow HK$1 billion from Galaxy Bank. In August last year, Hutchison Whampoa sold it to the Carnegie Group in a cash and stock deal for HK$1.03 billion. According to this half-year Due to the rapid growth in the property market over the years, the Golden Gate Tower is now worth around HK$1.3 billion.

The Golden Gate Tower, which is worth HK$1.3 billion, requires a loan of HK$1 billion, which is actually acceptable to banks.

But the problem is that the value of the 1.3 billion Hong Kong dollars is based on the original transaction price of the Golden Gate Tower of 1.03 billion Hong Kong dollars. The original transaction price was a premium. Now the value of the 1.3 billion Hong Kong dollars is naturally a bit inflated.

Of course, the most important thing is that Lin Baicheng mentioned that he was not optimistic about Jiani Group, and even said that he would let Hutchison Whampoa sell Jiani Group's shares. Therefore, Galaxy Bank did not grant a loan to Jiani Group.

However, Chen Songqing, the chairman of Jianing Group, is a very capable person. He did not get a loan from Galaxy Bank, but he got a loan of one billion Hong Kong dollars from HSBC, and the collateral was the Golden Gate Building.

For Chen Songqing, as long as he can get a loan, it doesn't matter which bank he gets it from. However, not getting a loan from Galaxy Bank this time let him know that Lin Baicheng was not a good partner for him, and he had to be prepared.

Another thing is that Xie Liyuan Gold Shop approached Galaxy Bank for a loan. He wanted a loan of 50 million Hong Kong dollars from Galaxy Bank. In Hong Kong of this era, it was a large loan. After consideration, the bank did not approve it in the end.

Xie Liyuan Gold Shop was born in Ao Island and has developed rapidly in Xiangjiang. Now it is a century-old shop worthy of its name.

Xie Liyuan Gold Shop, as you can tell from its name, is engaged in gold-related business and sells gold jewelry.

In 1972, Xie Liyuan Gold Shop transformed into gold finance and launched the "Thousands of Gold Accumulation Plan". As long as citizens purchase physical gold weighing one cent, they can open a gold trading account and speculate in gold according to the gold price of the day.

Xie Liyuan Gold Shop uses citizens' funds to buy and sell gold. Xie Liyuan Gold Shop buys as much as the citizens buy. In this way, the rise and fall of gold prices has little to do with Xie Liyuan Gold Shop. On the contrary, Xie Liyuan Gold Shop can earn handling fees from citizens. and commission.

Since the collapse of the Layton Woods system in 1971, the price of gold has begun to rise sharply. The sharp depreciation of the US dollar in 1973 caused the price of gold to soar.

It can be said that since 1971, the price of gold has been on an upward trend as a whole, and the increase has been quite large.

According to the ‘Thousands of Gold Accumulation Plan’ launched by Xie Liyuan Gold Shop, people naturally make money by buying gold, and Xie Liyuan Gold Shop has therefore absorbed a large amount of funds and made huge profits.

In this way, the more citizens buy "Thousand Pure Gold", the more profits Xie Liyuan Gold Shop will make.

However, people's hearts are not as good as snakes swallowing elephants, and everyone wants to make more profits.

Since the short-term peak of gold prices in 1975, the price of gold has changed from an upward shock to a downward shock, and the price of gold has fallen.

It stands to reason that the rise and fall of the price of gold has nothing to do with Xie Liyuan Gold Shop. Xie Liyuan Gold Shop is just like a middleman. It is just that fewer people buy "Thousand Pure Gold" and the profits from commissions are reduced. The drop in gold prices has not affected Xie Liyuan. The gold shop suffered losses.

However, the senior management of Xie Liyuan Gold Shop saw profits declining and made a decision after some consideration.

That is, after citizens purchased "Thousands of Gold," Xie Liyuan Gold Shop did not use all of the citizens' funds to purchase gold, but only part of it. In this way, when the gold price falls and citizens choose to sell their "Thousands of Gold", Xie Liyuan Gold Shop will not only be able to earn commission, but also the price difference from the falling gold price.

After such operations, the profits of Xie Liyuan Gold Shop were actually higher.

However, if you do this, it is true that Xie Liyuan Gold Shop can make money if the gold price drops. Once the gold price soars and citizens choose to sell gold in large quantities, Xie Liyuan Gold Shop will face huge financial pressure and losses.

Since 1977, the price of gold has resumed its upward trend, and it soared in 1979.

As gold prices rise, Xie Liyuan Gold Shop faces losses. Fortunately, the rise in gold prices will bring more customers to Xie Liyuan Gold Shop. In particular, Hutchison Whampoa, under the name of Lin Baicheng, has made huge profits from gold futures many times, which has attracted many citizens to go to Xie Liyuan Gold Shop to buy "Thousand Pure Gold" and absorb the money. A lot of money.

However, this is just drinking poison to quench thirst, using the funds absorbed to make up for the losses of previous customers who made huge profits. Sooner or later, problems will arise.

It was also Xie Liyuan Gold Shop that had made a lot of money in the past, and had a strong foundation, so it was able to withstand the big rise at the beginning of the year. However, Xie Liyuan Gold Shop's funds had bottomed out, and Xie Liyuan Gold Shop had to raise a sum of funds. to get through the difficulties at hand.

In addition to borrowing money from well-connected families, the best way to raise funds is to borrow money from banks. After all, most families cannot save a large amount of cash, and it is not easy to borrow money.

Galaxy Bank under the name of Lin Baicheng has slightly looser lending conditions than other banks, but its lending to the real estate industry is more stringent, mainly because Lin Baicheng knows that the real estate industry will collapse in one or two years.

The reason why Xie Liyuan Gold Shop's loan was not approved is because Lin Baicheng and the bank's senior management said that the price of gold would be in a downward trend after reaching a high point. After understanding the business structure of Xie Liyuan Gold Shop, the bank should logically give Xie Liyuan Gold Shop Loans are the right thing to do. After all, the falling gold price is beneficial to Xie Liyuan Gold Shop.

However, the business of Xie Liyuan Gold Shop is very unstable, and now there are problems with the capital chain. After careful consideration, the bank's senior management decided not to approve the loan. The risk is still a bit high.

"Xie Liyuan Gold Shop was right not to approve the loan."

Lin Baicheng nodded after hearing this, but then he remembered one thing, which was the banking crisis caused by Xie Liyuan Gold Shop. He hadn't thought about it at first, but now after Qin Lan mentioned it, he remembered it.

Now that he knows that Xie Liyuan Gold Shop is a trap, Lin Baicheng will definitely not let Galaxy Bank jump. He will even ask someone to follow up on this matter to see which bank lent money to Xie Liyuan Gold Shop. After the crisis breaks out, Galaxy Bank The bank might be able to acquire the bank.

Galaxy Bank is not short of money. The reputation of Lin Baicheng, the richest man in Hong Kong, has also attracted many depositors to Galaxy Bank. However, people have inertia and are accustomed to using a certain bank. Many people will not choose to change banks. After all, apart from habit, Deposit interest is calculated annually.

For some three-year or even five-year deposits, the corresponding deposit interest can only be obtained after three or five years, so these depositors will not change banks easily.

Therefore, if Galaxy Bank wants to grow, it is necessary to acquire other banks. The assets of other banks are not important. What is important are the depositors of the bank. These are the most important.

Qin Lan continued to talk about other companies.

Hong Kong Electric Group, because Lin Baicheng's funds did not buy the company's stock, the company's stock price fell a lot due to short selling, and the directors representing British capital frequently made trouble and interfered in the company's management.

Although Lin Baicheng is the major shareholder of Hong Kong Electric Group and the control of the company is in his hands, he still wants to give Yingzi, the second largest shareholder, some rights. Yingzi has arranged some people in the senior management, but the leading power is still with him. In his hands.

There is no way. If Lin Baicheng does not give any power to the British capital, if the British capital is broken and dragged back without a bottom line, the Hong Kong Electric Group is likely to collapse. The company is not valuable and it is not good for both parties, so the fight between the two parties is limited to a certain limit. within the range.

The struggle for power and profit is inevitable, but fortunately Lin Baicheng has the upper hand.

What’s more, Changsheng Pharmaceutical Biological Company has invited two more big names, and the strength of the R\u0026D team has become stronger, which is a good thing.

Another important thing is related to Galaxy Semiconductor. Since March, international chip prices have begun to decline, while the prices of raw materials have increased. This month continues the trend of last month.

Falling chip prices and rising raw material prices are not a good thing for Galaxy Semiconductor and its subsidiary Galaxy Semiconductor, and have a considerable impact.

As the price of raw materials rises, the cost of the chips produced by the company increases, but the selling price of chips internationally decreases. The consequence of this is that the profits of the chips are compressed. If the situation gets worse, it may even make no money or lose money.

"Japanese manufacturers are targeting American semiconductor companies, and our company is just a fish in the pond."

Lin Baicheng couldn't help but shake his head after hearing this. This general trend was something he couldn't change personally. He could only adapt to it.

The current international semiconductor industry is dominated by Japanese manufacturers and American manufacturers. Among them, Japanese manufacturers have the upper hand. Now Japanese manufacturers are hurting others and want to defeat those American semiconductor companies.

Regardless of the industry, when the boss fights with the second-in-command, the first to be injured are the third, fourth, eighth, and ninth who are watching.

Those semiconductor manufacturers with advanced technology and high profits are just having their profits compressed, and they will definitely not lose money. However, the profits of second- and third-tier companies like Galaxy Semiconductor are not high. If they are messed with like this again, their profits will of course disappear. .

Qin Lan said: "Mr. Lin, if the war between the two sides continues, the impact on our semiconductor company will only be greater. At that time, we may lose money for every chip produced."

"So, the sales of our arcade machines, consoles, televisions and other products are very critical. As long as the sales of these products do not plummet, then the chips purchased by these products can support the survival of semiconductor companies and not be defeated. "

"Even if the situation continues to get worse, the company's chips must continue to be sold externally to maintain the market. In this case, we do not need to expand the market, but we must not lose the existing market. We must persist even if we lose money."

Lin Baicheng knew very well that the war in the semiconductor industry could not last forever. It would only last for one or two years at most. When the small factories could no longer hold on and went bankrupt and closed down, the surviving large factories would shake hands and make peace, start to increase prices and seize the market share. vacated market.

Even though major manufacturers suffered huge losses during the war, as long as the war is over and chip prices rise, the major manufacturers that lost money in the past can quickly make back their losses, and the market they seize will allow them to gain more profits in the future.

"Let Noda keep an eye on the semiconductor companies in the world. If any company cannot persist, the company will contact them to see if there are any technology patents that the company needs. If there are outstanding talents, they will be recruited to the company."

"At times like this, companies need to expand rather than retrench."

Lin Baicheng is very aware of the importance of the semiconductor industry, so the international semiconductor war is an opportunity for him. Small and medium-sized semiconductor companies are having a hard time, so he can spend US dollars to acquire patented technologies and tap talents.

"Mr. Lin, in this case, you must be mentally prepared. The semiconductor company will invest a lot, but it will be difficult to bring you returns in the short term."

As the director of the Secretariat and Lin Baicheng's assistant, Qin Lan felt that she needed to give a serious reminder.

"I know this and I know it well."

Lin Baicheng nodded. The semiconductor industry really exploded when the computer and mobile phone industries developed. It is still a few years away. These few years are very important for Galaxy Semiconductor. It is the time when Galaxy Semiconductor can most easily surpass its previous peers. .

When the semiconductor industry receives more and more attention, whether it is poaching people or acquiring technology patents, it will not be as easy as it is now.

Seeing what Lin Baicheng said, Qin Lan stopped saying anything. She was just reminding her as an assistant. After all, it was Lin Baicheng himself who made the final decision.

In other companies in Xiangjiang, nothing more important has happened. Of course, every company has small matters, but these small matters are handled directly internally by the management of each company, and there is no need to submit them to Lin Baicheng.

However, Qin Lan's report was not over.

Because the companies I just mentioned are just companies here in Xiangjiang. It is certainly impossible that nothing happened to Japanese and American companies in the days after Lin Baicheng left Xiangjiang. Some small things were also handled by each company, but more important things still have to be dealt with. Just report to Lin Baicheng.

Lin Baicheng let Qin Lan take a rest and asked Chen Huixiang to make coffee. After talking so much, Qin Lan should be thirsty.

Qin Lan was not polite, thanked him and took a rest.

After Chen Huixiang made coffee, Qin Lan continued to report.