Reborn in Hong Kong as a Tycoon

Chapter 428 Most People Choose to Wait and Watch (Two in One)

On May 4th.

The dinner hosted by the Mainland China Merchants Group at the Furama Hotel was tonight, but before that evening, Wade Thomas came to look for Lin Baicheng again that afternoon.

Lin Baicheng was at Xingyue Electronic Game Company at the time, and Wade Thomas hoped to meet him. He had no important matters to deal with at the time, so he agreed to meet with Wade Thomas.

After meeting, the two exchanged some polite words before Wade Thomas explained his intention.

"Alan, after your gold futures financing is over, you will no longer conduct financing and transfer the principal away. The president asked me to ask if you think the financing interest is too high. We can talk about interest, and Goldman Sachs will definitely give it to you. You have the lowest interest rate."

After Lin Baicheng’s gold futures financing time at Goldman Sachs expired, he asked people to close the long orders, not to mention the financing, and transferred the funds away after the settlement, which meant that Goldman Sachs lost his business.

Goldman Sachs has more gold futures orders. Lin Baicheng used a principal of 10 million US dollars to finance 211.6 billion US dollars. The average cost of buying was 242.8 US dollars per ounce, and now the average selling price is 1.47 US dollars per ounce, making a profit of [-] million Dollar.

Among these profits, the half-year financing interest of US$10 billion must be deducted, which is 10% interest on US$4.6 billion, which is US$4600 million, which means that Lin Baicheng only made a profit of US$1.01 million.

Taxes will be deducted for the first 8110 million U.S. dollars, leaving 1000 million U.S. dollars in the end.Similarly, among the deducted taxes, Lin Baicheng can deduct more than [-] million US dollars through consumption tax, which means that he does not have to pay taxes in disguise.

With a profit of more than 8000 million U.S. dollars this time, Lin Baicheng transferred 8000 million U.S. dollars to the account of the Xingyue Electronic Game Company's subsidiary in the United States, and used it to pay for the announcement of the two local hosts in the United States and Japan. It shouldn't take so much time.

In addition to the 8000 million U.S. dollars, when Xingyue Electronic Game Company was spun off from Xinghe Game Company, Lin Baicheng also transferred 4 million Hong Kong dollars from Xinghe Game Company to Xingyue Electronic Game Company, which was used as the production cost of the console.

As for the original $[-] million principal from Goldman Sachs, it was also transferred by Lin Baicheng to the Golden Fleece Offshore Company, allowing the offshore company to operate the funds.The same is to use ten times leverage to buy long gold futures, and buy it immediately, without waiting for a callback later, because Lin Baicheng thinks that the possibility of a callback later is too low, and even if there is a callback space, there is limited space.

"Thomas, it has nothing to do with interest."

Of course, Lin Baicheng would not tell the truth to Wade Thomas, so he said: "To tell you the truth, in fact, I have already invested in gold futures with others, and I have invested a lot of money there. The principal invested is too much, and if there is a loss in the investment, then my loss will be too great, so I can only use the funds from Goldman Sachs to develop other companies and no longer invest."

Hearing what Lin Baicheng said, Wade Thomas immediately said: "Allen, then you can definitely reduce the funds invested in the other side. Goldman Sachs has worked so happily with you, why bother to end the cooperation with us?"

Lin Baicheng shook his head: "If there is a similar cooperation with Goldman Sachs next time, I will not forget Goldman Sachs. This time I can only say sorry, Thomas."

"Alan, can you put the funds you and your partner cooperated in the Goldman Sachs account? Interest and handling fees and other expenses will definitely give you a low price."

Wade Thomas is unwilling to give up on this, really because this is a big deal.Take Lin Baicheng’s US$9.2 million financing of one billion US dollars as an example. After one year of financing, the last annual interest rate was 9200%. After one year, Goldman Sachs earned US$8.5 million in financing interest alone.Even if the interest rate is lowered this time, even if it is only 8500%, there will be [-] million US dollars in that year, which is also not a small amount for Goldman Sachs.

Lin Baicheng still shook his head and said: "Thomas, our investment has already been traded, and there is no way to change it now, so I can only say sorry, let's stop here."

"Ok."

Seeing Lin Baicheng's resolute attitude, Lin Baicheng was impatient, which affected the personal relationship between the two. Wade Thomas had no choice but to stop entanglement, and could only say: "Alan, if there is a similar cooperation in the future, please also consider our Goldman Sachs. Regardless Whether it is borrowing and financing, acquiring companies, or listing companies, etc., Goldman Sachs can give you the best service and the most favorable quotation."

"Thomas, as long as you Goldman Sachs can do what you said, I will definitely think of you Goldman Sachs as soon as I have business needs."

Lin Baicheng smiled, and said meaningfully: "It's like the listing of Xinghe Game Company this time, which is an opportunity to test. Sometimes it's useless to say it nicely, and it depends on actual actions. What do you think? ?”

"Alan, you are right."

Wade Thomas nodded in agreement, and said clearly: "We have already negotiated the underwriting fee and other expenses, so I won't talk about it here. Regarding the funds that can be raised by the listing of Galaxy Games, we will definitely ask the most high-quality clients of Goldman Sachs Recommended, not to mention underwriting a large amount of funds, try to increase the price-earnings ratio of the listing as much as possible.”

"Then I'll wait and see."

Lin Baicheng couldn't help laughing when he heard the words, that's what he wanted.

Wade Thomas didn't say anything else after that. Although Lin Baicheng's financing business no longer cooperated with Goldman Sachs, he regretted it, but Lin Baicheng had already made a decision, and he had no choice. The only thing he could do was to stabilize this big client and let Lin Baicheng We will try our best to cooperate with Goldman Sachs in the future.

After chatting for a while, Wade Thomas said goodbye and left.

Before getting off work, Lin Baicheng left the company first, went back to Repulse Bay Villa to tidy up, and had dinner by the way.

Although it is said that there is something to eat during the dinner, generally speaking, people seldom eat at this kind of dinner, and mostly drink and chat.It's not that you can't eat at a dinner party, you can definitely eat it, but in terms of dinner party etiquette, it's a bit embarrassing.

Tonight's dinner at the Furama Hotel is only attended by Chinese businessmen, because the purpose of the dinner is to invite Chinese business people to invest in Shekou, and it is not suitable for people from other fields who are close to the mainland to come here.

In fact, in November last year, the China Merchants Group held a reception at Fulihua, but that time it invited people from all walks of life in Hong Kong who are close to the mainland, unlike this time it only invited people from the business community.

"Lin Sheng, welcome!"

As soon as he arrived at the entrance of the hotel, Li Fuquan walked out before Lin Baicheng went in.

"Good evening, President Li!"

Lin Baicheng and Li Fuquan shook hands.

The two walked into the hotel while talking. Lin Baicheng was accompanied only by a Chinese woman tonight, and this woman was also his bodyguard.The reason why Ernie Bright and the others are not brought tonight is because they are white, and they are not suitable for the occasion tonight.

"Mr. Lin, long time no see."

As soon as he entered the lobby of the hotel, Lin Baicheng saw Yuan Gengsheng, vice chairman of China Merchants, approaching.

"Old Yuan, long time no see."

Lin Baicheng met Yuan Gengsheng at the end of last year, and this is the second meeting between the two.

"Huo Sheng! Bao Sheng! Hu Sheng!"

Lin Baicheng then shook hands with Huo Yingdong, Bao Yugang, Hu Yinxiang and others who had arrived.

Lin Baicheng found that almost all the famous Chinese business elites in Xiangjiang came tonight, and some well-known Chinese families also sent people over, basically killing all the Chinese business people.

But it's normal when you think about it. After all, it's a relatively formal invitation from the mainland officials. Even if some people don't plan to stand in the mainland, it's still no problem to save face and attend the dinner.Unless you are already on the British side of Bay Island, or a family that is ready to immigrate, then that's another story.

After the dinner began, Yuan Gengsheng, vice chairman of China Merchants, took the stage to speak.The main point is that the mainland has decided to reform and open up, and has established an industrial zone in Shekou. I hope that everyone present can invest in and open factories in the past.

Huo Yingdong was then invited to give a speech. He expressed his support for the mainland and invited everyone to invest in the mainland.

After the dinner, China Merchants will chat with everyone one by one and invite everyone to invest in the mainland.

Given Lin Baicheng's wealth and status, it was naturally Yuan Gengsheng, the vice chairman, who was approached by the China Merchants Bureau to talk to him.

"Mr. Yuan, I said before that I would invest in the mainland. I will do what I say, and I will never go back on my word."

Lin Baicheng made a statement: "I don't have time to go to Shekou for the time being. I will go to the United States in a few days. I have important things to deal with. But don't worry, in order to fulfill my promise, I am going to send a manager there What do you think about the Shekou side, let him go there to investigate first?"

"Of course that's good."

Yuan Gengsheng was overjoyed when he heard the words. Just after hearing Lin Baicheng's first half sentence, he thought that Lin Baicheng was trying to evade, and was going to wait and see. He didn't expect that Lin Baicheng was really coming, and he was really willing to send someone to the Shekou Industrial Zone for inspection. People's attitudes are much better.

"However, Mr. Lin, the industrial zone has just been established in Shekou, so the conditions are not very good, but don't worry, we will do the relevant work as soon as possible to serve everyone's investment."

"I have already considered this point. Compared with Xiangjiang, the conditions in the mainland will definitely be slightly worse. I am mentally prepared for this."

Lin Baicheng nodded with a smile. The Shekou Industrial Zone has just been established, and the water, electricity, roads, etc. must not be completed yet, but given the mainland for a while, these will not be a problem.

"Mr. Lin, it's very kind of you to understand."

Yuan Gengsheng was very happy and said, "When the time comes, we will treat the people sent by Mr. Lin well."

"At that time, I will trouble you, Mr. Yuan."

Lin Baicheng said something politely.

Yuan Gengsheng chatted with Lin Baicheng for a while, and then went to find other people. It was impossible for him to chat with Lin Baicheng all the time.

After a while, Bao Yugang came to Lin Baicheng's side.

"Lin Sheng, I just heard from Mr. Yuan that you are going to send someone to Shekou for investigation?"

"That's what happened."

Lin Baicheng nodded slightly.

Bao Yugang pondered and said: "Lin Sheng, have you considered the impact of this incident on you?"

"I thought about it."

Lin Baicheng lowered his voice slightly: "I just sent someone to inspect it first. The factory to be invested is also a small-scale factory. I don't think there will be any problems. It is impossible for the Hong Kong government not to know that we have been to the Mainland. What do you say?"

"Lin Sheng, seeing in the past and investing are two different things, especially for the early bird."

Bao Yugang reminded, and then said: "Of course, I am also willing to cooperate with the mainland. If possible, I will also invest."

Lin Baicheng nodded slightly: "I understand what Bao Sheng means, don't worry, I know it well."

Seeing what Lin Baicheng said, Bao Yugang stopped talking about this topic immediately, and instead said: "As for the Sino-Ocean Trading Company, if our respective companies have any business, we should hand it over to the Sino-Ocean Trading Company. After all, everyone has shares."

"I have already explained this matter."

Lin Baicheng holds the most shares in this company. To be honest, he cares more than anyone else.

Bao Yugang said confidently: "With the support of several of us, I think the future of this company is still promising."

"Let's get rich together!"

Lin Baicheng agreed with this. If the company cannot develop with the support of their five directors, there will be a big problem.

After a while, when Lin Baicheng and Bao Yugang were chatting, Hu Yinxiang came over.

Hu Yinxiang said to the two: "The situation doesn't look very good. I think everyone said they should consider it. Only a few people said they were willing to investigate."

"This is normal."

Bao Yugang shook his head slightly: "Everyone is unwilling to express their stance now and chooses to wait and see. The main reason is that they are afraid of offending the British side and being embarrassed by the Hong Kong government. This is human nature."

"That's not the reason."

Hu Yinxiang agreed with this very much. It is normal for everyone to have concerns. After all, it is related to the development of their respective families in Xiangjiang.

Lin Baicheng said aloud: "The only thing we can do is to do our part and give support. As for the invitation to other people, it depends on China Merchants itself."

Bao Yugang and Hu Yinxiang agreed with this statement very much. The most they can do is to invest in the past, instead of helping the mainland to attract people like Huo Yingdong.It is two different things to support and use one's own influence to help people from the mainland. The latter will definitely be suppressed by the Hong Kong government, and there is no room for negotiation.

The Hong Kong government must kill chickens to warn monkeys, otherwise people like Bao Yugang and Lin Baicheng will definitely use their influence to help the mainland. After all, doing so can gain the favor of the mainland.Only when the Huo family is hit hard like now, and the Huo family is not allowed to operate the business that must be done by him in Xiangjiang, can other Chinese families be afraid and dare not use their strength to help the mainland.

Tonight's dinner, after Lin Baicheng stated that he would send people to Shekou for inspection, has nothing to do with Lin Baicheng. Inviting other people to invest in the mainland is a matter of China Merchants, and has nothing to do with Lin Baicheng.

After the dinner, Lin Baicheng inquired from Huo Yingdong, and learned that the situation was not optimistic. Most people chose to wait and see, and talked about other things. Not many people expressed their willingness to visit Shekou, and even fewer said they were willing to invest. .

But this matter has nothing to do with Lin Baicheng, he just asked to understand.

(End of this chapter)