Chapter 297 Dead Look...Who Cares

The general manager of Hang Seng Bank is Li Guowei.

His father is a cousin of the head of the Li family, one of the four major families, and the father of Li Xiaohe.

In other words, the grandfathers of Li Guowei and Li Xiaowo were brothers.

The four major families all have investment banks.

What does it mean?
How can you be considered a big family without a bank, right?
Li Guowei's predecessor, the boss who trained him, the former general manager of Hang Seng Bank, Ho Tim, has a good relationship with the chairman of Kowloon Motor Bus, Tang Shiu-kin.

Deng Zhaojian also co-founded Xiangjiang Communications with Wang Yuanchao and He Zuozhi, which had good financial prospects.

Therefore, after making arrangements with many parties, considering that Wang Yuanchao has good repayment ability and Wang Yuanchao asked Hang Seng Bank to help him purchase stocks, Hang Seng Bank cannot go against making money.

Why can Hang Seng Bank still lend so much?
Because Wang Yuanchao bought stocks through their family. This is also a reflection of Wang Yuanchao's strength!
In those days, there was only one stock exchange in Hong Kong, and it was run by Johns. It was after the 67 scene that Johns began to consciously sell stocks to cash in.

Part of the money Wang Yuanchao earned from his business was used to buy shares of "Qingzhou Yingni".

This is a cement factory and one of the 30 constituent stocks of the Hang Seng Index (the Hang Seng Index had not yet appeared at that time).

It was originally founded by Chinese in Macau, and later John invested in it. In the 20s, it moved to Hung Hom, Kowloon. Both raw materials and products require transportation, so the factory also has its own small wharf.

After World War II, Kowloon's population grew rapidly, and a cement factory was obviously inappropriate in such a densely populated area.

Qingzhou Yingni was not moved out, but the 9 square meters of land in Hung Hom was retained.

Where is Hung Hom? Performing in the Hong Kong Coliseum is the dream of every Hong Kong artist, so you can see the value of this place.

Can't other people see the value of this piece of land?

The Hong Kong government had previously approved a large amount of industrial land. At that time, Hong Kong was sparsely populated, but with the development of the economy and the rapid increase in population, many of these lands have become prime locations.

However, due to the properties of the land, many plots of land cannot be developed and can only remain abandoned. In addition, the Hong Kong government is unwilling to give in. If you want to re-commercialize the land, you must make up the difference between commercial and industrial land, so a deadlock is formed.

Therefore, in Hong Kong, many old companies that hold large amounts of land can only watch helplessly, so that the company's market value is not high. This is the case with Qingzhou Cement, Whampoa Dockyard, Hutchison Whampoa, etc.

Wang Yuanchao naturally also had his eyes on this piece of land. As for the price difference, he would settle the bill after he got it!
The wild geese are flying in the sky. You don't have to worry about how to eat them. Just shoot them down first.

In addition to this piece of land, the cement factory also has a warehouse in Kennedy Town, Hong Kong Island. It is even more luxurious to use the land as a warehouse in Hong Kong Island, where every inch of land is valuable.

To put it bluntly, the value of these two pieces of land is much higher than the cement plant itself.

Of course, in addition to these two pieces of land, Wang Yuanchao also values ​​the profits of the cement plant itself.

Large-scale real estate development and construction will begin soon, and the demand for cement will certainly be booming. Even now, cement is a hot-selling product and is in short supply, so it has to be imported from outside.

If he had more energy than that, Wang Yuanchao would even want to build a steel plant!
The two major raw materials of real estate.

All developers in Hong Kong need it, right?

He had already acquired 40% of Qingzhou Yingmu's shares for only HK$980 million. Some of them were sold by people who wanted to leave Hong Kong, and some were purchased by Hang Seng.

But Hang Seng could not help with the remaining shares, and Wang Yuanchao had to go personally to negotiate the acquisition with other shareholders.

Wang Yuanchao is unable to spare the time for the time being.

But it doesn’t matter, there will always be someone who can’t help but sell it.

However, after Hang Seng loaned more than 3000 million, it began to be cautious and the difficulty of lending increased significantly.

Hang Seng almost went bankrupt before.

Therefore, Wang Yuanchao had to continue to expand the bank to contribute to his business of buying buildings and land.

This reminds me of HSBC.

Hang Seng General Manager Li Guowei actually said that he could help introduce HSBC. The company is huge and powerful, and even the ship charter king can borrow tens of millions of US dollars. Wang Yuanchao thought that was right, because HSBC can directly print Hong Kong dollars!
But after thinking about it, he decided not to ask Li Guowei to help say hello for the time being. He remembered that his "second uncle" also worked at HSBC, so he decided to give him a small reward.

In this way, by the time Li Guowei helped to greet him, Wang Yuanchao had already become a major customer of HSBC with a transaction amount of millions. It would probably be more convenient for him to negotiate loan business with HSBC.

Four adults entertaining one child at home.

Wang Yuanchao said:

"I want to discuss a loan with HSBC. Can my second brother help me make the connection?"

Lou Xingyao puffed out his chest, but at least he had some sense and didn't take on too much responsibility. He asked:
"How much does Mr. Wang plan to borrow?"

In his opinion, Wang Yuanchao had so many industries, the amount must be considerable. If the amount was too large, he could only be an errand boy.

As a result, Wang Yuanchao said:

"I own a cinema in Tsim Sha Tsui. I wonder how much I can mortgage it for? How about I go and take a look and get an assessment?"

When Lou Xingyao heard this, he was thinking, a cinema could earn at most hundreds of thousands or millions?
Wang Yuanchao is such a big boss, yet he still needs to borrow such a small amount?
In the past, banks generally would not lend money to shipping, aviation, and film industries because the risks were too high.

But after the charter king opened the HSBC shipping loan, this unspoken rule was no longer a rule. Moreover, Wang Yuanchao used the cinema as collateral, which was real estate.

Although he was doubtful, he still said honestly:
"Okay, how about we go there for lunch at noon? There's no one at home to cook, so it's good to go over there and take a look."

Lou Xiao'e can't cook. When she is at home, she always goes to her mother Tan Yali's house for meals.

Of course, her mother doesn't cook either, so there is a cook.

The group went downstairs, drove, and crossed the sea. Seeing that the theater was only about 300 square meters and was still under renovation, Lou Xingyao was embarrassed and happy:

"I'm afraid I can only borrow 30..."

The difficulty is that the price of this cinema under renovation is really hard to assess. The good news is that he can get a loan of this amount by himself without having to find anyone!
After a brief assessment of the scene, the group went to eat. At the dinner table, Lou Xingrong couldn't help but say:
"Mr. Wang, if that's all you need, I can support you."

After all, Lou Xingrong is also a wealthy businessman with a net worth of several million. Especially since Wang Yuanchao has so many industries, it is very likely that he looks down on Lou's industries.

Wang Yuanchao joked:
"Brother, aren't you afraid that I won't be able to pay it back?"

Lou Xingrong smiled and said:
“This joke, Mr. Wang, is not funny at all.

To be honest, I thought you were going to borrow several million and I didn't dare to say anything.

I can still borrow these hundreds of thousands."

If he really can't pay it back, then these hundreds of thousands of dollars can be considered as a big red envelope for his nephew Wang Xiao. Then the second wife will be too embarrassed to ask Lou Zhenhua for money again in the future, right?
Wang Yuanchao refused bluntly:

"Need not.

Why borrow from your family when you can borrow from the bank?
If your family has money, you can use it for investment.

It's not that I can get rich without my family. Big brother has money, so just buy some buildings. Buy as many as you can. When you are about to sell them, wait for my notification. I guarantee you will make more money than from your factory.

In other words, if I borrow a few hundred thousand now, I will have to continue to buy houses, continue to borrow, and continue to buy houses. At least I will have to borrow 30 to 50 million.”

Wang Yuanchao's casual remark frightened the three siblings of the Lou family so much that they dared not speak a word.

All the delicious food on the table became tasteless.

Turtle!

This tone!
Thirty to fifty million!

For this chain loan, if the housing prices remain the same as before and there is any further setback, all the money will be lost.

Mr. Lou had just arrived in Hong Kong, but he had just experienced a big loss when the housing prices were cut in half. That is to say, he had a lot of money, bought the house in full, and had no loans, so he could still make ends meet.

This "brother-in-law" has such a big business, why is he still so reckless, like a gambler?
Wang Yuanchao is not afraid of others following his example. There are too many properties being sold in Hong Kong, and it is completely a buyer's market.

As long as you have the courage!
Lou Xingrong smiled awkwardly, and just focused on eating and drinking without saying anything.

Not only housing prices, he also has a deep understanding of gambling, otherwise his business would not be what it is now, earning more than a million a year.

All of them were defeated in the past!

If my mother hadn’t died in exchange for her loss, I’m afraid I would have sunk to some dock by now.

Having a few concubines won’t ruin your family, but gambling is something you really shouldn’t get involved in!

But he knew that his influence was insignificant and he was not a real "brother-in-law", so let it go.

But I hope you don’t have to rely on him for food in the future.

He decided to open a branch factory somewhere else while the business was good. He was a little afraid that one day his factory would be affected by this "brother-in-law" and would not be able to continue operating.

It turns out that there is no such thing as a free lunch.

Lou Xingyao didn't think so. Who could predict what would happen in the future? His "brother-in-law"'s glorious military achievements and huge business were not gained through gambling!
If he could act as a matchmaker for this business, wouldn't the performance be huge? The commission he got would be real.

He excitedly expressed his willingness to help with the current business first.

In this way, when Wang Yuanchao expands his business later, those customers will also be those he has discovered.

This was also Wang Yuanchao's original intention in taking care of Lou Xingyao.

After eating and drinking, the two brothers of the Lou family went their separate ways.

Lou Xiao'e then said carefully:
"Isn't this a bit risky for you?"

Wang Yuanchao smiled and said:
"Do you know the risks involved?"

Lou Xiao'e scolded:

"Do you really think I'm stupid? You're doing this on the premise that the house price will go up! If the house price goes down, you'll lose a lot!"

Wang Yuanchao tilted his mouth and said proudly:
"It's okay. I have plenty of money and can afford the interest."

Lou Xiao'e curled her lips and said:
"I feel like you're being unreliable. Your factory should be making a lot of money, so why can't you be more down-to-earth? You used to be so cautious!"

Wang Yuanchao stepped forward and said sternly:

"You all know how careful I am. Do you think I would do something reckless? Do you know how I speculated on gold last year? Look, after all this time, have I touched gold again?"

Lou Xiao'e was stunned for a moment, and after thinking about it, it seemed that what the other party said made sense, so she said:
"Okay, just figure it out yourself. I'm not as smart as you."

Wang Yuanchao pinched her face and said:
"I'm very happy that you care about me. It may be hard to hear the truth, but I am really sure about this matter. When I succeed in this, you can become my second wife in name only!"

Lou Xiao'e immediately clapped his hands, turned her head away without daring to look, and uttered a few words:
"Dead look... who cares."

(End of this chapter)