The Birth of the Hong Kong Island Family.

Chapter 107 [Easy Profit]

On the morning of September 9th, Lin Zhichao was reading the newspaper of the day on the sofa in the living room. When he saw a piece of news, he couldn't help shouting: "Okay, okay!"

It turned out that yesterday the London government announced that the British pound would depreciate by 30.5%, and the exchange rate against the US dollar would drop from 1 pound equal to 4.03 US dollars to 2.80 US dollars.

Since the Hong Kong dollar and the British pound implement a fixed exchange rate: 1 British pound is equal to 16 Hong Kong dollars, so the current exchange rate between the U.S. dollar and the Hong Kong dollar becomes: 1 U.S. dollar is equal to 5.71 Hong Kong dollars.

With this wave of operations, Lin Zhichao made a lot of money!

First of all, the 171 million US dollars in Changjiang Real Estate's account can now be exchanged for 974.7 million Hong Kong dollars (excluding commissions).

Secondly, the 76 US dollars in Cheung Kong's account can now be exchanged for 433.2 million (excluding commissions).

Based on the calculation that one US dollar can make a profit of 1.5 Hong Kong dollars, Lin Zhichao easily made a profit of 370 million Hong Kong dollars.It is much more cost-effective than speculating in gold or buying real estate.

On the other hand, since August, the land price in Xiangjiang has started to fall, and everyone feels the danger vaguely.But if it really plummeted, it would have to be October, and that moment would make people desperate.

Therefore, Lin Zhichao must seize the opportunity to buy some land and reserve it.Land and property are like a background, which can make people feel at ease. This is Lin Zhichao's idea.

After a while, Tang Caiyun walked out of the bedroom. Her postpartum recovery has achieved great results, and she is now an attractive young woman.

"I heard what you said just now. Is there any good news?" Tang Caiyun sat beside Lin Zhichao and asked curiously.

On the other side, Wu Wenying also came out with Lin Ruihuan in her arms, casting curious glances.Even Lin Xiner ran out and came closer to inquire.

"London government announces a 30.5% depreciation of the pound"

Tang Caiyun looked at the newspaper, and then said: "So the Hong Kong dollar has also depreciated by 30.5%. What good news is this? Recently, the price of goods has risen so much, and the Hong Kong dollar has depreciated. Isn't everyone's life even more difficult?"

Lin Zhichao smiled and said: "Because I changed all my money into US dollars, do you think it is good news? As for what you said, this is the general trend of history, and no one can change it."

Tang Caiyun immediately said in admiration: "Could it be that you know that the depreciation is going to happen? By the way, if you ask my dad to also exchange dollars, I'm afraid he will be very happy."

Lin Zhichao shook his head and said, "How did I know that the depreciation at this time is just a gamble, because after World War II, the pound could no longer be maintained, and it has been delayed for so many years. This is bound to happen."

After a while, Tang Zhongyuan knocked on the door with a newspaper, and he came in with a very happy expression.

"Zhichao, have you seen the newspaper?"

"Father-in-law, we are talking about this too! By the way, how many tens of thousands of dollars have you exchanged?"

Tang Zhongyuan walked towards his grandson and replied happily: "Not much, just 10 U.S. dollars. If you convert it into Hong Kong dollars, you can earn [-] Hong Kong dollars." After speaking, he glanced at his grandson and was very happy.

This grandson is unusual and a symbol of his daughter's status.Lin Zhichao is so capable, his daughter has to have some background, and the eldest son is the greatest background.At the same time, her daughter's status in the Lin family is also related to the intimacy between the Lin family and the Tang family.

Of course, Tang Zhongyuan still didn't quite understand that the reason why Lin Zhichao supported the Tang family so much, even giving advice on things like exchanging US dollars, was obviously because he wanted his other daughter, Tang Caiying.

Tang Caiyun was immediately happy for her natal family, and made a joke to her father: "Dad, it seems that you will really be able to buy Mom a single-family house in the upper half of the mountain next year."

But Tang Zhongyuan said: "Buying is not a problem! But now people are panicking outside." After speaking, he looked at Lin Zhichao, his son-in-law had an idea.

Lin Zhichao said seriously: "Don't worry, I bought a boat and I can leave at any time! Father-in-law is at ease."

Tang Zhongyuan nodded and said, "Indeed!"

The rich and famous people who fled to Hong Kong from Jiangsu, Zhejiang and Shanghai have two ideas:

First, use Hong Kong as a springboard to immigrate to Europe and the United States.

Second, continue to stay in Hong Kong and look north to China.

The rich man with the first idea, if he immigrates to Europe and the United States, is equivalent to retirement, and it is impossible to make a career in Europe and the United States, at least it is difficult in this era.And there are many celebrities who think this way, such as Zhang Ailing, who has been waiting in Hong Kong for the opportunity to immigrate to the United States; there are also some warlords, many of whom are planning to go overseas to work as apartments )

The rich people with the second thought, they are not willing to let it go for the rest of their lives, so they will naturally take root in Hong Kong and start a career. If the situation on the other side improves, everyone still wants to go back and develop.

If Lin Zhichao had a cleaner background, he would have gone back to build the country long ago.But his grandfather was a Juren, and his father's generation was also rich, and he belonged to a small landlord in the countryside, so the first thing Lin Zhichao did was to come to Hong Kong.

To build the motherland, let's wait 30 years later, when he has greater ability.

Tang Zhongyuan came and went quickly, and soon returned to his home for breakfast, feeling a lot more relaxed.The son-in-law has a boat and has ideas, so he is relieved.

In the morning, Fuhexing.

Huang Tinggui handed a newspaper to Li Gaofu and said, "Brother Gao Fu, the pound has been devalued by 30.5%!"

Li Gaofu nodded and said, "I saw it this morning too!"

Huang Tinggui suddenly said anxiously: "But the contract we signed with Lin Sheng is that we need to spend 10 US dollars a year to buy 50% of the cargo ship 'Oriental Trader' in his hands. In other words, we need to take out More than 56 Hong Kong dollars. But according to the current profitability of 'Oriental Traders', we will get a maximum of 25 Hong Kong dollars in May next year, and Fuhehang only has 25 Hong Kong dollars in its account now, which means that our money is not enough!"

After the two became partners, they each shared 2 yuan of profits for family expenses.

Li Gaofu said with a smile: "Brother Tinggui, don't worry! At that time, the ship will be ours, and we will earn it slowly. If there is no pressure, there will be no motivation! Now we prepare more, and we can earn some more from the trade in the past six months, and the ship money will be enough." Earn enough. Taking ten thousand steps back, if we can't afford the money, Lin Sheng will allow us to pay in installments."

Huang Tinggui breathed a sigh of relief, and said: "You are right. After all, the ship is owned by Fuhe Line. It is equivalent to a huge asset and can make money at any time. However, the current trade in the Mainland is not easy to do, and the war is fast. We have reached Yangcheng."

Li Gaofu said: "Wait, it should be unified soon. At that time, there will always be business. I think there will be one at the end of the year, so we will make more preparations recently."

"it is good!"

Only now did Li Gaofu feel relaxed. He and Huang Tinggui got along better. Although the four of them had a tacit understanding before, he had a better relationship with Huang Tinggui in private.In fact, he also understands that Li Fubing and Yang Zhiqiang have always been worried about their small shares.

Bank of East Asia.

After Jian Dongpu saw the newspaper, he immediately calculated on the abacus.

"This kid, he earned more than 120 million Hong Kong dollars!"

"No! Since he exchanged US dollars on purpose, Changjiang Real Estate also has a lot of US dollars, probably millions of dollars. This is a profit of more than 160 million."

"Here, it's too fast to make money! Just by betting on the depreciation of the pound, he made nearly 300 million?"

Jian Dongpu is quite familiar with Lin Zhichao's wealth, because at the beginning, it was all thanks to the loan from the Bank of East Asia that it developed so rapidly.

For a while, Jian Dongpu admired Lin Zhichao's prosperity.

At the same time, he also understands that Lin Zhichao's net worth may be tens of millions of Hong Kong dollars, which is unbelievable.

A young man in his early 20s, in just three years, "started from scratch" created tens of millions of fortunes.

"This son will definitely become the leader of the Chinese in Hong Kong in the future! The second Ho Tung!"

Jian Dongpu sighed.

In his opinion, Lin Zhichao is very good at building interpersonal relationships, which shows that Lin Zhichao is not only a person who can make money; 'Jazz'.

Moreover, Lin Zhichao now wants to enter the shipping industry, which itself is an industry with high influence;

Coupled with industry, the social status will be even higher.

"Continue to support! The Bank of East Asia will also have another backer in the future!"

The so-called continued support is only industrial loans or real estate loans. Jian Dongpu still decided not to give shipping loans.

"The asset value of shipping loans is too concentrated, and there are countless risks at sea. Hong Kong bankers will not choose to grant loans." Jian Dongpu muttered.

As everyone knows, Lin Zhichao didn't even think about the Bank of East Asia because of his lack of strength.

To be honest, if Lin Zhichao didn't want to take the line of HSBC, he would have already opened a bank; with the money from depositors, to invest in his own business, he only needs to return to normal before the 60s.

Because the bank run incident was the result of the accumulation of overheated investment in the 50s.

In the morning, Lin Zhichao came to Cheung Kong Industrial, and today happened to be the time for the company's high-level meeting.

Deputy General Manager Wang Liang, Sun Tao from the R&D Department, Hu Chengdong from the Marketing Department, Guo Xinxin from the Finance Department, Bao Chunlai from the Xingdao Branch, and other high-level executives are already waiting for the boss in the spacious conference room.

When Lin Zhichao walked into the meeting room, everyone looked sideways and said hello: "Good morning, boss!"

"morning!"

Sitting on the seat, Lin Zhichao directly cut to the topic: "Manager Sun, this time you take two people to Germany, order ten rice arranging machines and three slider punching machines, and the delivery address is Changjiang Industrial, Wukit Road, Sing Tao; then, You have been investigating there for a week, and I have told the people of Bourne Machinery."

After Changjiang Industrial grows stronger, these expenses can also be generous.

Sun Tao said quickly: "Okay, I will prepare to travel as soon as possible, and cherish this opportunity."

In his view, Cheung Kong's prospects are unlimited, and its products have high technological content and high added value, which are far from what Hong Kong's textile and garment industry can compare.Of course, because of this, it is almost impossible for Hong Kong to have a second zipper factory.

Lin Zhichao nodded, and then said to Bao Chunlai: "Manager Bao, is there any problem with the production of the Xingdao factory?"

In the past year, Bao Chunlai fell from the peak to the trough, and climbed to the peak from the trough, which can be described as ups and downs; now as a senior executive of Cheung Kong, his monthly salary has also risen to 300 Hong Kong dollars per month, not to mention the year-end bonus, so the debt is no longer counted what.

He said energetically: "As long as we bring a batch of skilled workers there, we can start production immediately. We are fully prepared for all conditions."

The factory has been built, procedures have been completed, transportation channels, material imports, etc., have all been prepared.

But Lin Zhichao immediately said: "You go and see if you can make an appointment with Mr. Lee Kong Chian for me. I want to pay a visit to him!"

Lee Kong Chian, the son-in-law of Mr. Jimei, is also the second-generation leader of the Nanyang Chinese. The first generation is naturally Mr. Jimei. He is also the rubber king of Nanyang and the founder of OCBC Bank.

If we can get to know him, it will be more convenient to open a factory in Xingdao.The main reason is that Lee Kong Chian was a banker, and Lin Zhichao first established a good relationship with OCBC Bank.

As for whether we can meet each other, theoretically there is no problem. After all, Lin Zhichao is also an industrial tycoon, the "zipper king", so we can always meet each other a few times.

Bao Chunlai understood that the boss wanted to have a foothold in Sing Tao. After all, besides managing the business of the zipper industry in Sing Tao, he was also inquiring about the Orchard Road land for the boss.

"Okay, I understand, I will get it as soon as possible!"

"Well, in Mr. Li's time, I can fly over to visit at any time."

It is still necessary to give enough face, Lin Zhichao is still just a junior, and the two are not from the same hometown.

The only advantage is that Hong Kong and Sing Tao are currently ruled by the British, and the laws are the same.Therefore, if Lin Zhichao opened a factory in Xingdao, there would be no obstacles.

But if Lin Zhichao wants to gain a foothold in Sing Tao Real Estate and business, he has to get to know these bigwigs, especially the No. 1 in Singapore, who should still be a lawyer at this time.

Lin Zhichao knows that he doesn't like entrepreneurs very much, but in fact, others just don't like the kind of entrepreneurs who speculate on assets. If they are industrialists, they are still very welcome.

Therefore, if Lin Zhichao develops his career in Sing Tao, he must develop both industry and real estate, and give him enough help at critical moments.

The tycoons in Southeast Asia all have a characteristic, that is, the network of political figures. For example, Lin Shaoliang called the Indonesian sinner a "leader", and he met him before he made a fortune; although Sing Tao is better, he is inevitably involved.

Next, Lin Zhichao said: "I attach great importance to the start of production of the Sing Tao factory this time. Hong Kong will send elite troops to run it quickly and normally. After that, orders from Europe and the United States will be gradually handed over to the Sing Tao factory, and orders from the United States will be gradually transferred to the factory. To hand over all of them, part of the European orders can be reserved for Hong Kong. As for the Hong Kong factory, six old-fashioned machines are ready to be put into the warehouse.”

Wang Liang nodded and said, "Okay, I will coordinate these tasks."

Although everyone didn't understand why the boss had to let the Xingdao factory take half of the orders, they still carried out without hesitation.Because decisions at this level are no longer up to the management.

After arranging everything, Lin Zhichao relaxed.

Relying on the advantages of quality and price, Cheung Kong has indeed managed to occupy many markets in a short period of time.Of course, the competition has just begun, and Lin Zhichao has been seeking to increase the strength of Cheung Kong.

At the end of the meeting, the financial manager Guo Xin came to Lin Zhichao's office.

Lin Zhichao asked directly: "How much money can I have in the account at the end of the year? I will make other investments!"

Guo Xinxin's admiration for the boss at this time is beyond words. Cheung Kong's speculation in US dollars has made millions of Hong Kong dollars in profits, and it is simply a god-like existence.

"According to the current profit level, from September to the end of the year, we can get a profit of 150 million. Add in the 430 million Hong Kong dollars (76 U.S. dollars) in the account, and there is a full 580 million funds. However, the purchase of machines and Xingdao It will cost about 120 million to start construction; plus a debt of 170 million from the Bank of East Asia has to be repaid. Therefore, the boss can use 300 million Hong Kong dollars in funds without affecting the development of Cheung Kong.”

Lin Zhichao nodded and said with satisfaction: "That is to say, the money for the machine and the 150 million loan and interest will cost about 290 million. Although there is no one-time expenditure, it has already been left in the company's account. Right?"

Guo Xinxin nodded and said, "Yes, it's not easy to use the money for other investments, just to be on the safe side."

300 million can be used, which is already a lot.

As for the debt of 150 million Hong Kong dollars, it will be repaid in August next year.

Not only that, next year Lin Zhichao will borrow 150 million from the Bank of East Asia to purchase raw materials.He is not sure whether he can buy aluminum alloy from the United States through the registered company of Sing Tao, so he will prepare enough materials in advance.At the same time, import substitution will be sought in Europe.

Hong Kong is blocked, so importing from Sing Tao may be feasible, but Lin Zhichao dare not gamble.

At the same time, Cheung Kong's monthly profit was approaching 40 Hong Kong dollars, so Lin Zhichao borrowed money confidently.

"Let's arrange it like this for the time being, I will withdraw funds at the end of the year!"

"Okay, then I'll get busy!"

"Um"

The withdrawn funds were originally intended to go to Orchard Road, Xingdao to buy land, but according to the current situation, this matter is not the top priority.

Therefore, the 300 million Hong Kong dollars drawn can be used to buy a [-]-ton cargo ship, and money is the first element.

In the second half of next year, he will be able to draw out more funds to buy land on Orchard Road, slowly buying land, and now no one is robbing him.

To invest in land in Xingdao, one must bear a risk: if the government plans the area and what it will be used for, then the owner of the land must follow the government's plan.Because of the small size of Xingdao, every plan has been passed by the government for many years, and finally reached a resolution, which cannot be refuted by businessmen.

Because of this, many owners of land can only be sold to real estate companies in the end.But this risk does not exist on Lin Zhichao, because he himself is a powerful real estate developer.

After some arrangements, Cheung Kong developed in an orderly and rapid manner again, and there was no upper limit for the manufacturing industry; because of this, there was also no upper limit for investment, so some manufacturing industries eventually went bankrupt.

Cheung Kong will be quite stable in the next three years, but if it wants to break through, it must continue to invest money.

Next, it's time for him to prepare for 'Global Shipping' and 'Global Maritime Vocational College'.

Lin Zhichao's shipping plan is to use "Global Shipping" as a group company, and then each ship is a separate company, and the finance is handled independently; the advantage of this is that he can know the financial situation of which ship in the first time.

At the same time, the "Global Maritime Vocational College" will be set up in the factory of Cheung Kong Industrial Co., Ltd. to hire professional nautical talents and ship repair talents to give lectures; Maritime talent.

In this way, Lin Zhichao's status will be virtually improved in the shipping industry.

(End of this chapter)