Reborn in Hong Kong as a Tycoon

Chapter 714 Everything (Two in One)

Qin Lan then mentioned Galaxy Financial Group and mentioned a few things.

First of all, Lin Baicheng was restricted by the Securities Regulatory Commission a few days ago, Yum Securities was implicated, and there was no way to trade stocks in those few days because the company was an industry under Lin Baicheng's name.

Therefore, Yum Securities was affected a little because of this. After all, the company not only traded some of Lin Baicheng’s funds, but also accepted brokerage business of other funds. Others’ funds can be traded through Yum Securities. The inability to trade in those days naturally affected the interests of customers. , Yum Securities compensated a lot of money for this.

Not to mention the loss of money, the reputation of Yum Securities was also affected a little. Some customers worried that this kind of thing would happen again in the future, so they no longer chose to trade stocks through the company's channels, and lost many customers.

This kind of reputation impact will take time to wear off. Not to mention too far away, the company's performance this year will be more or less affected.

Then there are two things related to Galaxy Bank.

One is that Carrian Group wants to use the Golden Gate Building as a mortgage to borrow one billion Hong Kong dollars from Galaxy Bank. In August last year, Hutchison Whampoa sold it to Carrian Group in cash and stock at a price of 10.3 billion Hong Kong dollars. With the increase in the property market over the years, the current value of the Golden Gate Building is around 13 billion Hong Kong dollars.

The Golden Gate Building, worth 13 billion Hong Kong dollars, is actually acceptable to banks for a loan of 10 billion Hong Kong dollars.

But the problem is that the value of the 13 billion Hong Kong dollars is based on the original transaction price of the Golden Gate Building of 10.3 billion Hong Kong dollars. The original transaction price was a premium, and the current value of the 13 billion Hong Kong dollars is naturally a bit exaggerated.

Of course, the most important thing is that Lin Baicheng mentioned that he was not optimistic about Carrian Group, and even said that Hutchison Whampoa would sell the shares of Carrian Group, so Galaxy Bank did not grant loans to Carrian Group.

However, Chen Songqing, the chairman of Carrian 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, this time he did not get a loan from Galaxy Bank, but it 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 sought a loan from Galaxy Bank, and wanted to get a loan of 5000 million Hong Kong dollars from Galaxy Bank. In Hong Kong in this era, it was also a large loan. After consideration, the bank did not approve it in the end.

Xie Liyuan Gold Shop was born in Ao Island and developed rapidly in Xiangjiang. Now it is a veritable century-old shop.

Xie Liyuan Gold Shop, from the name, knows that it is a gold-related business, selling gold jewelry.

In 72, Xie Liyuan Gold Shop transformed into gold finance and launched the "Thousands of Gold Accumulation Plan". Citizens can open an account for buying and selling gold as long as they buy physical gold weighing one penny, and speculate on gold according to the gold price of the day.

Xie Liyuan Gold Shop uses the funds of the citizens to buy and sell gold, and Xie Liyuan Gold Shop can buy as much as the citizens buy. In this way, the rise and fall of gold prices has nothing to do with Xie Liyuan Gold Shop. Instead, Xie Liyuan Gold Shop can earn handling fees from the citizens and rake.

Since the collapse of the Leyton Woods system in 71, the price of gold has risen sharply, and the sharp depreciation of the US dollar in 73 has caused the price of gold to soar.

It can be said that since 71, 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 will naturally make money buying gold, and Xie Liyuan Gold Shop has also absorbed a large amount of funds and made a lot of profits.

In this way, the more citizens buy 'Thousands of Pure Gold', the more profits Xie Liyuan Gold Shop will get.

However, people's hearts are not enough to swallow elephants, no matter who they are, they want to get more profits.

Since the short-term peak of gold price in 75, the price of gold has changed from oscillating upwards to oscillating downwards, and the price of gold has fallen.

It stands to reason that the rise and fall of gold prices has nothing to do with Xie Liyuan Gold Shop. Xie Liyuan Gold Shop is just like a middleman. It is nothing more than the fact that fewer citizens buy 'thousands of pure gold' and the profit from commissions decreases. The drop in gold prices did not make Xie Liyuan The gold shop lost money.

However, the senior executives of Xie Liyuan Gold Shop saw that the profits continued to decline, so they made a decision after some consideration.

That is, after the citizens bought 'thousands of gold', Xie Liyuan Gold Shop did not use all the citizens' funds to buy gold, but only bought part of it.In this way, when the price of gold falls and citizens choose to sell their "thousands of pure gold", Xie Liyuan Gold Shop can not only earn a commission, but also earn the difference in the price of gold falling.

After such an operation, the profit of Xie Liyuan Gold Shop was even higher.

However, if you do this, Xie Liyuan Gold Shop will be able to make money when the price of gold falls. Once the price of gold soars and the public chooses to sell a large amount of gold, Xie Liyuan Gold Shop will face huge financial pressure and losses.

Since 77, the price of gold has resumed its upward trend, and in 79 it soared.

As the price of gold rises, Xie Liyuan Gold Shop faces losses.Fortunately, the rising price of gold will bring more customers to Xie Liyuan Gold Shop. In particular, Hutchison Whampoa under the name of Lin Baicheng has made a lot of money from gold futures many times. A lot of money.

However, this is drinking poison to quench thirst, using the absorbed funds to make up for the shortfall of previous customers who made a lot of money, and sooner or later there will be problems.

It is also because Xie Liyuan Gold Shop has made a lot of money and has a solid foundation, so it has survived the surge at the beginning of the year. However, the funds of Xie Liyuan Gold Shop have bottomed out, and Xie Liyuan Gold Shop must raise a sum of money To tide over the present difficulties.

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

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

The reason why Xie Liyuan Gold Shop’s loan was not approved was because Lin Baicheng and the bank executives said that the price of gold would fluctuate and go down after a high point, and after the bank understood the business composition of Xie Liyuan Gold Shop, it is reasonable to say that it should give Xie Liyuan Gold Shop Loans are right. After all, the decline in gold prices is beneficial to Xie Liyuan Gold Shop.

However, the business of Xie Liyuan Gold Shop is very unstable, and now there are problems in the capital chain. After 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 he remembered one thing, which was the banking crisis caused by Xie Liyuan Gold Shop.Originally, he hadn't thought of it, but now that 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, and he will even ask people to follow up on this matter to see which bank loaned Xie Liyuan Gold Shop. After the crisis broke 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 Xiangjiang, has also attracted many depositors for Galaxy Bank. However, people have inertia and are used to using a certain bank. Many people will not choose to change banks. After all, apart from habits, Deposit interest is calculated on an annual basis.

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

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

Qin Lan continued to talk about other companies.

Hongkong Electric Group, because Lin Baicheng's funds did not buy the shares of this company, the company's stock price was shorted and fell a lot. The director representing the British capital even made frequent attacks and intervened in the company's management.

Although Lin Baicheng is the major shareholder of Hongkong Electric Group, and the control of the company is in his hands, he still wants to give some rights to the second largest shareholder of the British capital. in his hand.

There is no way, if Lin Baicheng does not give any power to the British capital, if the British capital is smashed and has no bottom line, the Hongkong Electric Group may collapse. The company is worthless. within range.

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

What's more, Changsheng Biopharmaceutical Company has invited two big names, and the strength of the research and development team has become stronger, which is a good thing.

Another important thing is that it is related to Galaxy Semiconductor. Since March, the price of chips in the world has begun to drop, but the price of raw materials has increased instead. This month continues the trend of last month.

Chip prices have fallen and raw materials have risen, which is not a good thing for Galaxy Semiconductor and its subsidiary Galaxy Semiconductor, and has a considerable impact.

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

"Japanese manufacturers are targeting American semiconductor companies, and our company is just a pond fish that has been affected."

Lin Baicheng couldn't help shaking his head after hearing this. This general trend cannot be changed by him personally, and he can only adapt to it.

At present, the international semiconductor industry is dominated by Japanese manufacturers and American manufacturers. Among them, Japanese manufacturers have the upper hand. Now Japanese manufacturers are hurting people with their own interests and want to crush those American semiconductor companies.

No matter what industry they are in, usually when the boss and the second child fight, the first to be injured is the third, fourth, eighth, ninth, etc. who are watching.

Those semiconductor manufacturers with advanced technology and high profits are just compressed profits at the moment, and they will definitely not lose money, but the profits of second- and third-tier companies like Xinghe Semiconductor are not high. up.

Qin Lan said: "Mr. Lin, if the war between the two sides continues, it will only have a greater impact on our semiconductor company. At that time, we may lose a sum of money every time we produce a chip."

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

"Even if the situation continues to deteriorate, the company's chips must continue to be sold externally to keep the market. In this case, the market may not be expanded, but the existing market must not be lost. Even if it loses money, it must persist."

Lin Baicheng is very clear that the war in the semiconductor industry cannot last forever, and it will take at most one or two years. When those small factories cannot persist and go bankrupt and close their doors, the surviving big factories will shake hands and start to raise prices and seize empty market.

Regardless of the large losses during the war, as long as the war is over and the chip price rises, the big manufacturers that lost money in the past can quickly earn back, and the seized market will allow the big manufacturers to gain more profits in the future.

"Let Noda keep an eye on the international semiconductor companies. If there are any companies that can't persist, the company will contact them to see if there are any technical patents that the company needs. If there are excellent talents, they will be recruited by the company."

"In times like these, it's more about companies expanding rather than shrinking."

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 have a hard time, so he can spend US dollars to acquire patented technologies and find talents.

"Mr. Lin, in this case, you have to 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 he had to remind him solemnly.

"I know this, and I know it well."

Lin Baicheng nodded. The semiconductor industry really ushered in an explosion when the computer and mobile phone industries were developing. There are still a few years before now. These few years are very important to Galaxy Semiconductor. It is the time when Galaxy Semiconductor is most likely to surpass its predecessors. .

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

Seeing what Lin Baicheng said, Qin Lan didn't say much anymore. She was just reminding her as an assistant, and Lin Baicheng himself was the one who made the decision.

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

However, Qin Lan's report did not end.

Because what I just said is just the companies on the Xiangjiang side. It is impossible for the companies in Japan and the United States to have nothing happened during the days when Lin Baicheng left Xiangjiang. Report to Lin Baicheng.

Lin Baicheng asked Qin Lan to rest and asked Chen Huixiang to make coffee. After all that was said just now, Qin Lan should be thirsty.

Qin Lan was not polite, thanking her for the rest.

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

(End of this chapter)