Reborn in Hong Kong as a Tycoon
Chapter 558 Arrived in Xiangjiang, busy
Chapter 558 Back to Xiangjiang, busy (two in one)
It was already the next week when Lin Baicheng returned to Xiangjiang.
Therefore, on the second day after returning to Xiangjiang, Lin Baicheng contacted Galaxy Games and asked the company to hold a board meeting the next day.
The meeting of the board of directors should be held some time in advance, unless there is an urgent matter to be dealt with, and the meeting of the board of directors needs to be held immediately, that is another story.
In addition to notifying Galaxy Games to hold a board meeting, Lin Baicheng also contacted Shen Congee from HSBC for an interview while he went to work in Hutchison Whampoa.
After ten o'clock, Shen Congee came to Hutchison Whampoa to look for Lin Baicheng, and Lin Baicheng entertained him in the office.
The two first greeted politely and chatted for a while. The main thing was that Shen Porridge congratulated Lin Baicheng and congratulated him on his net worth rising due to the listing of Xinghe Game Company.
After the hospitality.
Lin Baicheng got to the point and said: "Shen Taipan, Hutchison Whampoa's stock price is fluctuating around 85 Hong Kong dollars. It should be considered that the stock price has stabilized at this price, right?"
During the period when Lin Baicheng went to the United States, the stock price of Hutchison Whampoa first broke through the price of 100 Hong Kong dollars, and the highest rose to 118.76 Hong Kong dollars, with a total market value of more than 470 billion Hong Kong dollars. After a narrow range of shocks.
"The stock price of Hutchison Whampoa has fluctuated at the price of HK$85 for more than ten trading days. If there is no sudden bad news, the stock price should not fall any further."
Shen Congee nodded slightly when he heard the words. He was concerned about the stock price of Hutchison Whampoa, so he could answer immediately.
Lin Baicheng nodded and said, "Since this is the case, with the current stock price, what is the appropriate stock price for the additional issue that Taipan Shen thinks?"
"First of all, it cannot exceed 80 Hong Kong dollars, and a certain profit margin must be left, otherwise shareholders might as well go directly to the secondary market to buy."
Shen Congee first gave an upper limit, and then continued: "For the benefit of Hutchison Whampoa, the higher the share price of the additional issue, the better, so the additional issue price cannot be lower than 70 Hong Kong dollars. If you make a compromise, the additional issue price of 75 Hong Kong dollars will More appropriate."
"The current stock price is about 85 Hong Kong dollars, and the additional issue price of 75 Hong Kong dollars is only about 88% of the current price, which feels a bit low."
Lin Baicheng couldn't help frowning slightly, he must hope that the higher the price of the additional issue, the better.
"Lin Sheng, there is still a profit margin of about 10%. After all, the additional shares issued have a two-year sales restriction period. No one can guarantee what will happen in these two years."
"Hutchison Whampoa's current stock price is very high, yes, but the company's annual operating profit cannot support the company's current stock price, unless the investment led by Lin Sheng can bring huge profits to the company."
"Therefore, shareholders who spend money to purchase additional shares have taken a lot of risks, and the profit sharing of less than 12% is not high."
Shen Porridge persuaded him out loud that he hoped that this matter would go smoothly, so that HSBC would earn a lot of handling fees, and at the same time, Lin Baicheng might think of HSBC when he had similar business in the future.
"Dapan Shen, you convinced me."
Lin Baicheng thought about it, and felt that what Shen Congee said was not unreasonable.
"The stock price for this additional issue is 75 Hong Kong dollars. As for the number of additional issues, it should be between 4000 million and 5000 million shares."
"There is no problem with the quantity."
Shen Congee nodded, and couldn't help showing a smile on his face.After the business is negotiated, HSBC's 4% handling fee can earn more than one billion Hong Kong dollars, which is quite a lot.
Seeing that Shen Congee had no objection, Lin Baicheng said to Shen Congee: "Mr. Shen, regarding the 4% handling fee, I think we should discuss it again, charge a little less, and give a preferential price."
Shen Congee immediately said: "Lin Sheng, the original handling fee is 5%, and I will charge you 1% less. I really can't lower it."
Lin Baicheng waved his hand: "Let's lower it again, a little bit lower, how about letting the people below discuss the details?"
Shen Congee smiled wryly: "There is really no room for decline."
Lin Baicheng didn't say anything, just looked at Shen Congee.
"Okay, let the people below talk about it."
Shen Congee and Lin Baicheng stared at each other silently, and in the end Shen Congee chose to give in. After all, it was a business worth more than [-] million Hong Kong dollars, and it was impossible to stop doing it just because of a small change.
Lin Baicheng smiled when he heard the words: "I will let Wei Li follow up on the issue of additional shares. I hope this matter can be completed as soon as possible."
Shen Congee immediately said: "As long as the fee is negotiated, it will take at most a month for this matter to be settled."
"This will bother HSBC and Taipan Shen."
It's almost a month, whether it's long or short, Lin Baicheng can accept it.
After discussing the business, Lin Baicheng and Shen Congee chatted for a while, and then Shen Congee left.
After Shen Congee left, Lin Baicheng asked his secretary to call Wei Li over.
Lin Baicheng first told Wei Li about the issue of additional shares that he had discussed with Shen Porridge, and then asked Wei Li to follow up and try to keep the handling fee as low as possible.
Wei Li responded: "Don't worry, Mr. Lin, I will handle this matter well and lower the handling fee. In my estimation, it may be a bit difficult to bring the handling fee to 3.5%, but when it comes to 3.7% or 3.8% % still no problem."
Lin Baicheng said: "The lower the negotiation, the better. After all, every one-thousandth of the handling fee is at least 300 million Hong Kong dollars."
"I know."
Willie nodded in understanding.
Lin Baicheng warned: "HSBC must help digest the additional shares. When negotiating the contract, it is best to let HSBC digest more."
"Ok."
Wei Li responded, and then asked: "Mr. Lin, do you want the company's management and employees to subscribe for the company's additional shares?"
"Not only Hutchison Whampoa, but other companies under my name will also be notified. Whether or not to participate in the stock subscription is up to the employees themselves, and there is no mandatory requirement."
Lin Baicheng thought for a while and said that the stock price of Hutchison Whampoa will definitely rise and fall next year, but it is a fact that Hutchison Whampoa has made a lot of money from investing. The company's net assets will increase greatly, and even if it falls back then, it will not be too outrageous.
Therefore, two years later, there is still a high possibility that Hutchison Whampoa's stock price will be higher than 75 Hong Kong dollars. Lin Baicheng is not worried about cheating the employees.
Wei Li continued to ask: "Mr. Lin, if there are management or employees who have great confidence in you and want to subscribe in large quantities, should there be restrictions on the share?"
"There are no restrictions. Anyway, the price of the additional issue is 75 Hong Kong dollars. Whoever subscribes is the same for the company."
Lin Baicheng shook his head, but he didn't think that the management could subscribe for many stocks. The total amount of stocks should not be less than 30 billion Hong Kong dollars.
Wei Li then asked a few more questions, and Lin Baicheng answered them one by one, Wei Li knew what he was doing and stopped asking.
After Wei Li finished asking, Lin Baicheng urged him to negotiate the contract with HSBC as soon as possible, and finish the issue of additional shares, so that Hutchison Whampoa could get the money as soon as possible.
After Wei Li left Lin Baicheng's office, it was past eleven o'clock. Lin Baicheng simply stopped working and left Hutchison Whampoa to go home for dinner.
In the villa in Repulse Bay, the Lin family of five lost one Lin Qin, but had two more cousins from the mainland.
These two cousins have to learn a lot, first of all, to read characters, then to learn the local dialect, and then to find someone to teach them.
If you want to have a good future, you must have knowledge, and the two of them must have spent the first few years studying.
Of course, if they can't get in and learn too much knowledge, then Lin Baicheng can only arrange a job for them earlier.
It's just that in this way, the future of the two cousins will be limited.
It's not that there are people with elementary school education and middle school education who are big bosses, it's just that there are very few of them.
I had lunch at home at noon, and then took a rest. At nearly two o'clock, Lin Baicheng went to Galaxy Bank.
Here in Galaxy Bank, there is also Lin Baicheng's chairman's office.
Calling Yuan Tianfan to the office, Lin Baicheng first listened to Yuan Tianfan's report on the operation of the $20 billion long oil futures.
After the Mid-Autumn Festival, Lin Baicheng asked Yuan Tianfan to lead a team abroad to do long oil futures with 2 million US dollars of principal and [-] times leverage through offshore companies and funds. Yuan Tianfan completed the operation more than a week before he returned to Xiangjiang.
Lin Baicheng just nodded after listening, because he already knew the result, what he just heard was just the process.
"Tianfan, I want to tell you about the one billion Hong Kong dollars of Yum Fund."
"Boss Lin, please tell me."
Yum Fund raised one billion Hong Kong dollars, and it only took a little over half a month. Because of Lin Baicheng's relationship in the United States at that time, he let the fund not move until he came back to Xiangjiang.
"Let's talk about the 2 million Hong Kong dollars I promised you first. You can invest the 2 million Hong Kong dollars in any way you want. I will give you up to three times the leverage authority. You can use it or not."
"In addition to triple leverage, you still have a maximum loss of 30%. Before the loss exceeds 30%, I will not ask about your operation."
"Tianfan, what kind of achievements you can make depends on your own ability. I have given you such great support, and I hope you can make good achievements to show me."
Lin Baicheng knew that Yuan Tianfan was the future working emperor, but he was not sure whether his appearance would change Yuan Tianfan's fate and make Yuan Tianfan's ability worse.
Therefore, Lin Baicheng decided to train Yuan Tianfan, give Yuan Tianfan the power to independently decide on investment, and test and test Yuan Tianfan.
"Don't worry, Mr. Lin, I won't let you down."
Yuan Tianfan solemnly responded, he can only answer with confidence now, and this time is also an opportunity for him, as long as he does well, then the boss Lin Baicheng will definitely value him more, so naturally there is no need to worry about future achievements.
"As for the remaining 8 million Hong Kong dollars, I decided to invest in the US stock market and choose the stocks of several listed companies to buy. I gave the specific purchase list to Haruko Mori. When you take someone to the United States, remember to contact her. She will help you buy stocks at that time and tell you which stocks to buy."
The funds of this fund have a three-year lock-up period, and Lin Baicheng is not going to invest the money in the futures market, so buying high-quality US stocks is a very good choice.
Coca-Cola, General Motors, Boeing, Wal-Mart and other well-known companies in later generations, Lin Baicheng believes that holding their stocks for a long time should not lose money.
"Okay, Mr. Lin."
Yuan Tianfan responded first, and then asked: "About buying stocks in the US stock market, should you buy them without moving or operate them from time to time?"
"The stocks bought this time did not use any leverage, and it was not that they would not move after buying, but that they were doing swings on the premise of being bullish."
"Mr. Lin, in this case, the fund needs to recruit a few talents from the United States. After all, we don't know much about U.S. stocks."
Yuan Tianfan understood Lin Baicheng's meaning. Stocks go up and down, and they are nothing more than selling them after they have risen too much, judging their decline, and buying them back when they fall near the price in their hearts, so as to make a difference.
The premise of being bullish is to let traders not worry when the stock price falls below the psychological price, and they can continue to hold it with confidence.
Lin Baicheng nodded: "You can figure out how to recruit people. You can recruit as many people as you think you should. I have entrusted Yum Fund to you to manage."
"Thank you Mr. Lin for your trust."
Yuan Tianfan's heart was heavy. This was not only Lin Baicheng's trust in him, but also his pressure.
Regarding the Yum Fund, Lin Baicheng never thought about managing it himself, mainly because it was not necessary. He only needed to set a general direction and hand over the details to his subordinates.
It's hard to say how much, Lin Baicheng thinks that it should not be a big problem to double the capital of Yum Fund in three years.And doubling the profit, even if it takes three years, is enough for Lin Baicheng to explain to investors.
If Lin Baicheng also bought a fund before he was reborn, the fund would double his profit in three years, and he would have to die happily. How could he dislike earning too little.
After talking about the Yum Fund, Lin Baicheng asked Yuan Tianfan to go to work, and then called Xiang Ping, the head of the bank.
Lin Baicheng listened to Xiang Ping and reported to him that Galaxy Bank is not only expanding in Hong Kong, but also in foreign countries, and these will not be accomplished overnight, but slowly.
Banking is the top priority of Lin Baicheng's career, so he is very concerned about it. The reason why he has not invested any more funds is because the one billion Hong Kong dollars invested last time are enough for the short-term expansion of Galaxy Bank. in the bank.
After listening, Lin Baicheng said: "Xiangjiang will expand here, and foreign countries should not forget, especially economically developed countries."
Xiang Ping replied: "Go hand in hand, I will arrange it."
"Focus on Xiangjiang, and at the same time give priority to expanding to Southeast Asian countries. A few branches in developed countries are enough. Don't forget the Chinatowns in various countries. Our headquarters is in Xiangjiang, which is an advantage."
"We've always done that."
What Lin Baicheng could think of, naturally, Xiangping Ping Bank professionals would not have thought of it.
"That's good."
Lin Baicheng nodded. From the current point of view, he has done a good job with the equal management. Although there are some minor problems, he doesn't need to be picky, so he has nothing to say.
That afternoon, Lin Baicheng was working at Galaxy Bank, and he went to the insurance company to check in the middle, but the insurance company had not been opened for a long time, so the business was just like that.
As for insurance, when the economy is better, everyone has the money to buy insurance. Otherwise, there is not enough food and clothing, and few people will spend money to buy insurance.
Therefore, Lin Baicheng does not have much expectation for insurance companies at present, but looks at the long-term future.
(Thanks to "Shuhai Veteran Driver" for the great reward and support!)
(End of this chapter)
It was already the next week when Lin Baicheng returned to Xiangjiang.
Therefore, on the second day after returning to Xiangjiang, Lin Baicheng contacted Galaxy Games and asked the company to hold a board meeting the next day.
The meeting of the board of directors should be held some time in advance, unless there is an urgent matter to be dealt with, and the meeting of the board of directors needs to be held immediately, that is another story.
In addition to notifying Galaxy Games to hold a board meeting, Lin Baicheng also contacted Shen Congee from HSBC for an interview while he went to work in Hutchison Whampoa.
After ten o'clock, Shen Congee came to Hutchison Whampoa to look for Lin Baicheng, and Lin Baicheng entertained him in the office.
The two first greeted politely and chatted for a while. The main thing was that Shen Porridge congratulated Lin Baicheng and congratulated him on his net worth rising due to the listing of Xinghe Game Company.
After the hospitality.
Lin Baicheng got to the point and said: "Shen Taipan, Hutchison Whampoa's stock price is fluctuating around 85 Hong Kong dollars. It should be considered that the stock price has stabilized at this price, right?"
During the period when Lin Baicheng went to the United States, the stock price of Hutchison Whampoa first broke through the price of 100 Hong Kong dollars, and the highest rose to 118.76 Hong Kong dollars, with a total market value of more than 470 billion Hong Kong dollars. After a narrow range of shocks.
"The stock price of Hutchison Whampoa has fluctuated at the price of HK$85 for more than ten trading days. If there is no sudden bad news, the stock price should not fall any further."
Shen Congee nodded slightly when he heard the words. He was concerned about the stock price of Hutchison Whampoa, so he could answer immediately.
Lin Baicheng nodded and said, "Since this is the case, with the current stock price, what is the appropriate stock price for the additional issue that Taipan Shen thinks?"
"First of all, it cannot exceed 80 Hong Kong dollars, and a certain profit margin must be left, otherwise shareholders might as well go directly to the secondary market to buy."
Shen Congee first gave an upper limit, and then continued: "For the benefit of Hutchison Whampoa, the higher the share price of the additional issue, the better, so the additional issue price cannot be lower than 70 Hong Kong dollars. If you make a compromise, the additional issue price of 75 Hong Kong dollars will More appropriate."
"The current stock price is about 85 Hong Kong dollars, and the additional issue price of 75 Hong Kong dollars is only about 88% of the current price, which feels a bit low."
Lin Baicheng couldn't help frowning slightly, he must hope that the higher the price of the additional issue, the better.
"Lin Sheng, there is still a profit margin of about 10%. After all, the additional shares issued have a two-year sales restriction period. No one can guarantee what will happen in these two years."
"Hutchison Whampoa's current stock price is very high, yes, but the company's annual operating profit cannot support the company's current stock price, unless the investment led by Lin Sheng can bring huge profits to the company."
"Therefore, shareholders who spend money to purchase additional shares have taken a lot of risks, and the profit sharing of less than 12% is not high."
Shen Porridge persuaded him out loud that he hoped that this matter would go smoothly, so that HSBC would earn a lot of handling fees, and at the same time, Lin Baicheng might think of HSBC when he had similar business in the future.
"Dapan Shen, you convinced me."
Lin Baicheng thought about it, and felt that what Shen Congee said was not unreasonable.
"The stock price for this additional issue is 75 Hong Kong dollars. As for the number of additional issues, it should be between 4000 million and 5000 million shares."
"There is no problem with the quantity."
Shen Congee nodded, and couldn't help showing a smile on his face.After the business is negotiated, HSBC's 4% handling fee can earn more than one billion Hong Kong dollars, which is quite a lot.
Seeing that Shen Congee had no objection, Lin Baicheng said to Shen Congee: "Mr. Shen, regarding the 4% handling fee, I think we should discuss it again, charge a little less, and give a preferential price."
Shen Congee immediately said: "Lin Sheng, the original handling fee is 5%, and I will charge you 1% less. I really can't lower it."
Lin Baicheng waved his hand: "Let's lower it again, a little bit lower, how about letting the people below discuss the details?"
Shen Congee smiled wryly: "There is really no room for decline."
Lin Baicheng didn't say anything, just looked at Shen Congee.
"Okay, let the people below talk about it."
Shen Congee and Lin Baicheng stared at each other silently, and in the end Shen Congee chose to give in. After all, it was a business worth more than [-] million Hong Kong dollars, and it was impossible to stop doing it just because of a small change.
Lin Baicheng smiled when he heard the words: "I will let Wei Li follow up on the issue of additional shares. I hope this matter can be completed as soon as possible."
Shen Congee immediately said: "As long as the fee is negotiated, it will take at most a month for this matter to be settled."
"This will bother HSBC and Taipan Shen."
It's almost a month, whether it's long or short, Lin Baicheng can accept it.
After discussing the business, Lin Baicheng and Shen Congee chatted for a while, and then Shen Congee left.
After Shen Congee left, Lin Baicheng asked his secretary to call Wei Li over.
Lin Baicheng first told Wei Li about the issue of additional shares that he had discussed with Shen Porridge, and then asked Wei Li to follow up and try to keep the handling fee as low as possible.
Wei Li responded: "Don't worry, Mr. Lin, I will handle this matter well and lower the handling fee. In my estimation, it may be a bit difficult to bring the handling fee to 3.5%, but when it comes to 3.7% or 3.8% % still no problem."
Lin Baicheng said: "The lower the negotiation, the better. After all, every one-thousandth of the handling fee is at least 300 million Hong Kong dollars."
"I know."
Willie nodded in understanding.
Lin Baicheng warned: "HSBC must help digest the additional shares. When negotiating the contract, it is best to let HSBC digest more."
"Ok."
Wei Li responded, and then asked: "Mr. Lin, do you want the company's management and employees to subscribe for the company's additional shares?"
"Not only Hutchison Whampoa, but other companies under my name will also be notified. Whether or not to participate in the stock subscription is up to the employees themselves, and there is no mandatory requirement."
Lin Baicheng thought for a while and said that the stock price of Hutchison Whampoa will definitely rise and fall next year, but it is a fact that Hutchison Whampoa has made a lot of money from investing. The company's net assets will increase greatly, and even if it falls back then, it will not be too outrageous.
Therefore, two years later, there is still a high possibility that Hutchison Whampoa's stock price will be higher than 75 Hong Kong dollars. Lin Baicheng is not worried about cheating the employees.
Wei Li continued to ask: "Mr. Lin, if there are management or employees who have great confidence in you and want to subscribe in large quantities, should there be restrictions on the share?"
"There are no restrictions. Anyway, the price of the additional issue is 75 Hong Kong dollars. Whoever subscribes is the same for the company."
Lin Baicheng shook his head, but he didn't think that the management could subscribe for many stocks. The total amount of stocks should not be less than 30 billion Hong Kong dollars.
Wei Li then asked a few more questions, and Lin Baicheng answered them one by one, Wei Li knew what he was doing and stopped asking.
After Wei Li finished asking, Lin Baicheng urged him to negotiate the contract with HSBC as soon as possible, and finish the issue of additional shares, so that Hutchison Whampoa could get the money as soon as possible.
After Wei Li left Lin Baicheng's office, it was past eleven o'clock. Lin Baicheng simply stopped working and left Hutchison Whampoa to go home for dinner.
In the villa in Repulse Bay, the Lin family of five lost one Lin Qin, but had two more cousins from the mainland.
These two cousins have to learn a lot, first of all, to read characters, then to learn the local dialect, and then to find someone to teach them.
If you want to have a good future, you must have knowledge, and the two of them must have spent the first few years studying.
Of course, if they can't get in and learn too much knowledge, then Lin Baicheng can only arrange a job for them earlier.
It's just that in this way, the future of the two cousins will be limited.
It's not that there are people with elementary school education and middle school education who are big bosses, it's just that there are very few of them.
I had lunch at home at noon, and then took a rest. At nearly two o'clock, Lin Baicheng went to Galaxy Bank.
Here in Galaxy Bank, there is also Lin Baicheng's chairman's office.
Calling Yuan Tianfan to the office, Lin Baicheng first listened to Yuan Tianfan's report on the operation of the $20 billion long oil futures.
After the Mid-Autumn Festival, Lin Baicheng asked Yuan Tianfan to lead a team abroad to do long oil futures with 2 million US dollars of principal and [-] times leverage through offshore companies and funds. Yuan Tianfan completed the operation more than a week before he returned to Xiangjiang.
Lin Baicheng just nodded after listening, because he already knew the result, what he just heard was just the process.
"Tianfan, I want to tell you about the one billion Hong Kong dollars of Yum Fund."
"Boss Lin, please tell me."
Yum Fund raised one billion Hong Kong dollars, and it only took a little over half a month. Because of Lin Baicheng's relationship in the United States at that time, he let the fund not move until he came back to Xiangjiang.
"Let's talk about the 2 million Hong Kong dollars I promised you first. You can invest the 2 million Hong Kong dollars in any way you want. I will give you up to three times the leverage authority. You can use it or not."
"In addition to triple leverage, you still have a maximum loss of 30%. Before the loss exceeds 30%, I will not ask about your operation."
"Tianfan, what kind of achievements you can make depends on your own ability. I have given you such great support, and I hope you can make good achievements to show me."
Lin Baicheng knew that Yuan Tianfan was the future working emperor, but he was not sure whether his appearance would change Yuan Tianfan's fate and make Yuan Tianfan's ability worse.
Therefore, Lin Baicheng decided to train Yuan Tianfan, give Yuan Tianfan the power to independently decide on investment, and test and test Yuan Tianfan.
"Don't worry, Mr. Lin, I won't let you down."
Yuan Tianfan solemnly responded, he can only answer with confidence now, and this time is also an opportunity for him, as long as he does well, then the boss Lin Baicheng will definitely value him more, so naturally there is no need to worry about future achievements.
"As for the remaining 8 million Hong Kong dollars, I decided to invest in the US stock market and choose the stocks of several listed companies to buy. I gave the specific purchase list to Haruko Mori. When you take someone to the United States, remember to contact her. She will help you buy stocks at that time and tell you which stocks to buy."
The funds of this fund have a three-year lock-up period, and Lin Baicheng is not going to invest the money in the futures market, so buying high-quality US stocks is a very good choice.
Coca-Cola, General Motors, Boeing, Wal-Mart and other well-known companies in later generations, Lin Baicheng believes that holding their stocks for a long time should not lose money.
"Okay, Mr. Lin."
Yuan Tianfan responded first, and then asked: "About buying stocks in the US stock market, should you buy them without moving or operate them from time to time?"
"The stocks bought this time did not use any leverage, and it was not that they would not move after buying, but that they were doing swings on the premise of being bullish."
"Mr. Lin, in this case, the fund needs to recruit a few talents from the United States. After all, we don't know much about U.S. stocks."
Yuan Tianfan understood Lin Baicheng's meaning. Stocks go up and down, and they are nothing more than selling them after they have risen too much, judging their decline, and buying them back when they fall near the price in their hearts, so as to make a difference.
The premise of being bullish is to let traders not worry when the stock price falls below the psychological price, and they can continue to hold it with confidence.
Lin Baicheng nodded: "You can figure out how to recruit people. You can recruit as many people as you think you should. I have entrusted Yum Fund to you to manage."
"Thank you Mr. Lin for your trust."
Yuan Tianfan's heart was heavy. This was not only Lin Baicheng's trust in him, but also his pressure.
Regarding the Yum Fund, Lin Baicheng never thought about managing it himself, mainly because it was not necessary. He only needed to set a general direction and hand over the details to his subordinates.
It's hard to say how much, Lin Baicheng thinks that it should not be a big problem to double the capital of Yum Fund in three years.And doubling the profit, even if it takes three years, is enough for Lin Baicheng to explain to investors.
If Lin Baicheng also bought a fund before he was reborn, the fund would double his profit in three years, and he would have to die happily. How could he dislike earning too little.
After talking about the Yum Fund, Lin Baicheng asked Yuan Tianfan to go to work, and then called Xiang Ping, the head of the bank.
Lin Baicheng listened to Xiang Ping and reported to him that Galaxy Bank is not only expanding in Hong Kong, but also in foreign countries, and these will not be accomplished overnight, but slowly.
Banking is the top priority of Lin Baicheng's career, so he is very concerned about it. The reason why he has not invested any more funds is because the one billion Hong Kong dollars invested last time are enough for the short-term expansion of Galaxy Bank. in the bank.
After listening, Lin Baicheng said: "Xiangjiang will expand here, and foreign countries should not forget, especially economically developed countries."
Xiang Ping replied: "Go hand in hand, I will arrange it."
"Focus on Xiangjiang, and at the same time give priority to expanding to Southeast Asian countries. A few branches in developed countries are enough. Don't forget the Chinatowns in various countries. Our headquarters is in Xiangjiang, which is an advantage."
"We've always done that."
What Lin Baicheng could think of, naturally, Xiangping Ping Bank professionals would not have thought of it.
"That's good."
Lin Baicheng nodded. From the current point of view, he has done a good job with the equal management. Although there are some minor problems, he doesn't need to be picky, so he has nothing to say.
That afternoon, Lin Baicheng was working at Galaxy Bank, and he went to the insurance company to check in the middle, but the insurance company had not been opened for a long time, so the business was just like that.
As for insurance, when the economy is better, everyone has the money to buy insurance. Otherwise, there is not enough food and clothing, and few people will spend money to buy insurance.
Therefore, Lin Baicheng does not have much expectation for insurance companies at present, but looks at the long-term future.
(Thanks to "Shuhai Veteran Driver" for the great reward and support!)
(End of this chapter)
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