Chapter 306 Shen Bi underestimated Wang Yuanchao's strength

Zhou Qibang laughed and said:

"That makes sense, but it's you who told us to wear masks, how could you be so careless? We are brothers, and I don't mind you wearing a mask."

Wang Yuanchao didn't say much, just played the role of a very obedient person, and quickly took out a mask and put it on, saying:
"When I saw you, Brother Qibang, wearing a mask, I wanted to wear one too, hahahaha!"

Zhou Qibang said:

"By the way, a friend asked me to ask you a question. What do you think about the company going public?"

Wang Yuanchao tilted his eyes and said:
“How can I see?
Will the Hong Kong Association allow my company to go public?

Everyone knows that this is John’s territory.”

After thinking about it, he realized that there was nothing to hide about asking Hang Seng to help acquire the shares of Qingzhou Yingni, so he continued:
"You know, I'm buying some shares, but when I buy to a certain level, the price rises dramatically, alas."

Zhou Qibang naturally knew about this. His father, Zhou Xinian, secretly acquired half of the shares of the milk company and became the chairman of the milk company.

"What if, with someone's help, you could own a listed company?"

Wang Yuanchao smiled and said:
"Brother Qibang, we don't need to hide anything when we talk, right?

What will it cost me?
I am a businessman, I have to look at the benefits and costs."

Zhou Qibang smiled and said:
“What could it cost?
Just stand on the platform.

Li family, you know it, right?
A friend of the same generation found our family and hoped that we could set up a new exchange together.

However, my father was already the chairman of the dairy company and didn't want to make any more moves. As for the Chinese Bank, my eldest brother didn't want to go public, fearing that if it went public it would be vulnerable to a run on and takeover by foreign capital.

My business, as you know, is just enough to make a living, not something that can be put on the table. I thought if you have any ideas, I could help you make a match."

Wang Yuanchao immediately became interested:
"The Li family of the Bank of East Asia?"

He also has a loan from the Bank of East Asia.

Zhou Qibang nodded and said:
"It's their family, but the brother who's causing the trouble is called Li Fuzhao. He's a broker and doesn't work in a bank."

Wang Yuanchao thought of the fact that Hong Kong had four stock exchanges in the past. At least, there were four during the stock market crash in 73. So, it means that someone really founded a Chinese stock exchange.

After thinking for a while, he said:
“Since Brother Qibang introduced me, I have to get to know him.

No matter what, Bank of East Asia will have to support me with loans more in the future, right?
Oh, by the way, when uncle is free, I want to visit him."

Zhou Qibang said:

"What's the matter? Do you want me to greet him in advance?"

Wang Yuanchao shrugged:

"I'm a lottery ticket agent. Last year, the sales were over 2 million, and the bonus was 400 million. I'm worried that this year's sales will be even higher. This money is a bit hot."

Zhou Qibang laughed and said:
"It's only this little bit, and you still feel it's hot?

Wait for my news, I'll go and give you some fresh air first!"

The two chatted for a long time before Wang Yuanchao took his leave.

The law firm will have to work for several days on such a large-scale acquisition.

And Wang Yuanchao still needs to go to HSBC to discuss the loan.

The acquired cinemas and film studios must be mortgaged, right? Assets must be put into circulation, they cannot just sit there without doing anything.

This is a perfect time for him to be greedy when everyone is fearful.
-
HSBC
Lou Xingyao has been promoted to a senior staff member. With sales of more than two million, the bonus alone is about thirty to fifty thousand. He has never felt so happy before.

So as soon as Wang Yuanchao arrived, he was pulled to the VIP room, and Lou Xingyao served him tea and water, very actively.

"Mr. Wang, I heard that you were coming today. Director Shen from our loan department also wants to meet you!" Lou Xingyao's attitude was impeccable. He never considered himself as Wang Yuanchao's brother-in-law, even though his own sister had given birth to a son for the other man.

Wang Yuanchao said:

"With a sales volume of several million, your director wants to quit?"

Lou Xingyao said quickly:
"No, no, no, it's still my performance. It's mainly because of big customers like you. Director Shen must get to know you.

The economy is bad now, and there are very few big customers like you who take out loans.

Larger credit limit and lower interest rate, good thing!

Our Director Shen is also the vice president of the bank and is expected to make further progress! "Finally, he lowered his voice.

Wang Yuanchao smiled and said:
"That's great. Let's meet. It just so happens that the amount of my loan this time is not low. I hope you can give me more discounts."

Lou Xingyao thought, it's not just a small amount, it's several million! Why wouldn't the loan officer come in person?

Lou Xingyao helped Wang Yuanchao cut the cigar, then went to ask for help from the director of his loan department.

After a while, a foreigner came in. He was tall and strong, about forty or fifty years old. Wang Yuanchao actually had a sense of déjà vu.

He obviously doesn't know the other person!

So he stood up and greeted him politely.

The smile on the other person's face became even brighter, and he stretched out his right hand towards Wang Yuanchao. Wang Yuanchao also stretched out his right hand.

The two shook hands tightly.

"I've heard about Wang Sheng's glorious history. Seeing him today, I find he is indeed a young talent!"

Wang Yuanchao didn't expect the other party to speak Cantonese. Although it was a bit awkward, it made a better impression than those foreigners who spoke English.

You know, even Howard Wood, this "old friend" who can speak Mandarin, mostly speaks English when they are together.

Wang Yuanchao immediately switched to Cantonese and praised:
“Director Shen’s Cantonese makes me feel particularly at home.

I think no one in Hong Kong can resist Director Shen's enthusiasm and charm!"

Director Shen laughed and said:
"Oh, really? It's really an honor for me, Shen Bi!"

Shen Bi?!
Lying on the grass!!
No wonder it looks familiar!

After all, I should have read the other party's deeds and photos!

There is no doubt that the foreigner named Shen Bi is the future HSBC boss!
Li Chaoren’s benefactor!

Wang Yuanchao was a little reluctant to let go of his hand, and hurriedly struck the snake with the stick, saying:
"It is an honor for every Hong Kong citizen to know a God of Wealth like Director Shen!"

After the greetings, both parties sat down. Lou Xingyao sat aside very politely, ready to serve their needs at any time.

Shen Bi said:
"As far as I know, Mr. Wang is very optimistic about the development of Hong Kong, but why does he only invest in the film industry?"

From the sound of your voice, what's the matter? Are you still complaining that the loan I took out is too little?
Wang Yuanchao said:

“I don’t know if Manager Lou has introduced this to you, Director Shen. In fact, in addition to investing in the film industry, I have also invested in many industries such as electrical appliance manufacturing, plastics industry, and real estate.

Among these, the real estate industry requires too much capital, and even if you invest a few million Hong Kong dollars, you won’t see much impact.”

Shen Bi said with great interest:
"A few million really won't make much of a difference, but what if it's tens of millions?"

Wang Yuanchao smiled and said:
“I can’t see much movement.

I have invested tens of millions in real estate.”

Shen Bi looked calm, as if he didn't think tens of millions was a big deal. He said:
"Then why didn't Mr. Wang borrow more from HSBC? Are you worried that HSBC doesn't have enough money?"

Wang Yuanchao was almost choked to death by these words. Everyone knows that most of the Hong Kong dollars are printed by HSBC.

So he laughed at himself:
"I'm worried that I can't pay the interest to HSBC."

Generally speaking, HSBC's interest rate is lower than that of Chinese banks, because HSBC also lends money to other banks. It is Hong Kong's "quasi" central bank! Wang Yuanchao is ready to get familiar with HSBC and negotiate interest rates before making large loans.

Shen Bi smiled and said:

"I can help Mr. Wang apply for a preferential interest rate, which is 50 basis points lower than other banks' interest rates. However," Shen Bi paused, looked at Wang Yuanchao, and continued, "Mr. Wang must borrow more than 5000 million Hong Kong dollars."

Wang Yuanchao thought, is there such a good thing?

But soon, he thought of the "four trillion" in his previous life.

HSBC is the central bank of Hong Kong. By flooding the market with money, doesn’t that mean the Hong Kong authorities are also preparing to stimulate the market?
You're a bastard if you don't make money!

So Wang Yuanchao tried:

“What if I borrow more than 1 million?”

Shen Bi's eyes lit up and he smiled honestly:

"Even if I ask the board of directors to reduce your interest rate by 100 basis points, I am still worried that you will not be able to pay the interest."

The current interest rate is generally 6 basis points, 100 basis points is 1 point! For 100 million, the interest is directly saved by million per year!
If the loan is 1 million, the annual interest is 500 million, and the interest alone is more than every month!

There are so many small banks that are not even this big!
Add to that the 5000 million that Wang Yuanchao had previously borrowed from Chinese Bank, Bank of East Asia, and Hang Seng Bank, and the total amount, at 800 million, he would have to pay million in interest a year!

Shen Bi felt that Wang Yuanchao might not be able to eat so much.

In other words, Shen Bi didn't think that he could easily meet a business tycoon of such scale just after arriving in Hong Kong.

This is because I don’t know how big Wang Yuanchao’s business empire is!
Shenlan, with its fan business alone, has an annual profit of over 2500 million, which has been stable for a year and a half. It is the largest and most stable cash cow that has enabled him to start his business.

Moreover, the development of washing machines and air conditioners is making encouraging progress and is about to enter the mass production stage.

BP machine, well, the United States has this thing. Wang Yuanchao even saw the one that DePriest brought over with his own eyes.

The market may not be as high as Wang Yuanchao initially estimated, but if they collect monthly rent, it must have a brighter future than Rediffusion TV, right? Anyway, they must enter this market! So Deep Blue also purchased relevant authorizations to conduct research and development and imitation.

Blizzard officially went into full production in August last year. Up to now, it has brought Wang Yuanchao a profit of more than 8 million. According to the current trend, an annual profit of more than 1000 million is a conservative estimate, and it is not impossible to sprint to 2500 million+. I don’t know the progress of the cartoons at Hasbro. I still have to go to the United States to build more relationships. It’s a business worth tens of millions!
The radio station brought Wang Yuanchao a profit of about 200 million yuan a year. The lottery ticket agency business was one of the radio station's biggest sponsors. Without vigorous promotion, how could the lottery ticket make so much money? No one could guarantee it, so he had to continue to place advertisements.

The newspaper company is the leader of Hong Kong's newspaper industry, leading by a huge margin. The sales of the second and third place combined are not as good as Phoenix Daily, which has more than 100 reporters alone! Now they are planning to set up Phoenix Evening News and the like.

The advertising fees were even more lucrative, contributing more than 500 million yuan in profits to Wang Yuanchao a year. Horse racing tickets were also one of the newspaper's major sponsors.

There is also a horse racing ticket sales point. Last year, the sales of horse racing tickets exceeded 2 million, but the commission was not much because Wang Yuanchao did not plan to earn commission. However, he received a bonus of 400 million.

The Jockey Club's board of directors believes that such high sales are due to their incentive policy of rewarding 0.5 million for every 100 million...

(End of this chapter)