The Birth of the Hong Kong Island Family.

Chapter 120 [Two heads in three days]

Lin Zhichao came to the general manager's office of the Bank of East Asia, preparing for a new round of loans.

At present, all of Lin Zhichao's debts are only 150 million Hong Kong dollars in loans from Cheung Kong.The loan is due to be repaid in September, and the interest rate is not high, at 13%.

In this era, loan interest and deposit interest are relatively high, of which loan interest is generally 15-18%, and personal loans even have 40% usury.Therefore, many Chinese-funded banks simply bring loans to their families while absorbing a large amount of deposits.

In this regard, the Hong Kong Banking Ordinance does not prohibit.Even if it is another 30 years, this phenomenon will still exist, and it will not be over until the banks of China Capital Bank have closed down or replaced almost all of them.

"Mr. Jian, what happened to the loan I submitted?" Lin Zhichao asked after sitting down.

This time he needs a total of 300 million Hong Kong dollars in loans, all of which are secured by Cheung Kong.

Jian Dongpu has already sent people to Cheung Kong to investigate, and he supports the loan, but he still asked: "Cheung Kong currently has about 65 Hong Kong dollars in its account, and its monthly profit is about 45 Hong Kong dollars (including subsidiaries). I'm a little curious, what is the use of your loan? If it's for shipping, I might not agree to this loan."

It's one thing for Cheung Kong to be able to afford it, but he didn't want Lin Zhichao to put all his eggs in one basket and bet all on the asset-heavy business-shipping.It is only the beginning of April, and Cheung Kong will be able to earn HK$400 million in the remaining nine months of this year, but that is in the future.

Lin Zhichao said with a smile: "It's not shipping! As far as the shipping business is concerned, I'm still developing so-so, how can I make a big bet again. I plan to use all the 300 million loans to purchase raw materials, including aluminum alloys, copper, and plastics." Wait, store it in the warehouse."

When Jian Dongpu heard this, he was immediately confused, and asked curiously: "Why do you import so many raw materials? Could it be that you want to get a large discount to reduce the cost. But in this way, the interest will also offset that part of the cost."

Lin Zhichao took advantage of the situation and said: "In addition to large-scale discounts, I am also worried that imports will be restricted. Therefore, I hope that the Bank of East Asia can provide low-interest loans."

The level of interest has the greatest impact on the credibility of customers, and Cheung Kong’s reputation is definitely high enough; secondly, the amount of money, 300 million Hong Kong dollars has already accounted for a considerable proportion of Bank of East Asia’s deposits.

Jian Dongpu suddenly thought, he must seriously consider this loan.

Cheung Kong's asset value is considered very high. The factory land in the two places alone is worth 300 million Hong Kong dollars; not to mention the machines, which are also very valuable.

Of course, the most valuable thing is the value of the entire enterprise.

Suddenly, Jian Dongpu thought of Lin Zhichao's speculating in US dollars, and suddenly felt that this young man was not simple, and he had a very accurate grasp of the international situation, so the rise in raw materials might be real.

What's more, if it weren't for Lin Zhichao's reminder, the Bank of East Asia's loss in the Mainland would have been more than 300 million Hong Kong dollars.

Therefore, this favor can be sold.

"Yes, a one-year loan of 300 million yuan with 10% interest!"

In the end, Jian Dongpu readily agreed, and did not let Lin Zhichao go home and wait for news.

Lin Zhichao breathed a sigh of relief. In this era, it is unimaginable to be able to borrow 300 million from a bank, and it is still a Chinese-funded bank with a bank deposit of about 1 million.

Therefore, the success of this loan shows that his reputation is very high.

As for the purpose of this loan, it is naturally all used to purchase raw materials, and the three raw materials of aluminum alloy, copper, and plastic are matched according to 60%, 20%, and 20%.

Among them, the imported plastic of 60 Hong Kong dollars must be inexhaustible, so part of it is used for speculation, which can easily double the profit.

And this 300 million loan plus 30 interest does not need to be included in Cheung Kong's finances this year, because it itself purchases raw materials, so its monthly profits will increase greatly.

If it is not included in the fiscal revenue, Cheung Kong can still provide Lin Zhichao with 300 million yuan of funds this year for the development of shipping; or, part of it will be used for the investment of Cheung Kong—special zipper machines, business marketing, research and development expenses, etc.

Say goodbye to Jian Dongpu, and wait for the loan to be credited to Cheung Kong Industrial, I believe it will be credited in two or three days.

Then, the purchase of raw materials can be arranged in mid-April to avoid long nights and dreams.

Tang Zhongyuan came to Lin Zhichao's office in Tsuen Wan and told him the good news: "Zhichao, Scott paid the final payment and placed an order for 500 dozen shirts and 500 trousers. He has already paid a 30% deposit."

Lin Zhichao made tea for Tang Zhongyuan, and said calmly: "It seems that our Yangtze River Garment Factory has gained a reputation. If there is no accident, more South African wholesalers will come to Hong Kong to buy goods in the future. We have to take the initiative. "

For the last order of 8400 shirts (700 dozen), Cheung Kong earned a profit of more than 2 yuan, much more profitable than orders from Southeast Asia.

Once the South African ready-made garment market is opened, the profits of Changjiang Garment Factory will roll in, and it will become an existence that keeps pace with Dongfang Textile.

That's why Tang Zhongyuan cared so much about this business. While taking care of Dongfang Textile, he also paid close attention to the management of Changjiang Garment Factory.

"Well! Deputy manager Zhou is very capable this time, and he made a great contribution this time!"

Tang Zhongyuan couldn't help admiring Lin Zhichao's talent in teaching. His subordinates are full of talents, and he can open a new career by just pulling a few managers.

Little do they know that Lin Zhichao's management is carefully selected and applied for. Lin Zhichao often encourages everyone to learn more, read more books, and share their own growth stories, so as to motivate everyone to make progress.

"Those who have meritorious service will naturally be rewarded at the end of the year. Now we are not in a hurry to praise him. We need to hone the management." Lin Zhichao commented.

If you can't even wait for the end of the year and are eager to claim credit, then you don't want this kind of subordinate.

Tang Zhongyuan very much recognized Lin Zhichao's imperial skills. His son-in-law's workers are very motivated and enjoy relatively high welfare benefits; cost factor.

Garments and textiles are both large employers, but their added value is low, so workers’ wages are generally not high, and Dongfang Textiles is no exception. On the contrary, Tang Zhongyuan, in order to imitate his son-in-law and mobilize the enthusiasm of workers, also implemented double-payment rewards at the end of the year. There are a few benefits, and the salary is similar to other factories.

"By the way, when will your crocodile shirt brand open?" Tang Zhongyuan asked curiously.

"It's expected to be in June and July! The crocodile shirt brand is a mid-to-high-end brand of clothing, and it wants to capture the clothing tastes of Hong Kong's middle-class people in one fell swoop, so there is a lot of work involved."

The selection of fabrics, store layout and decoration, marketing planning, design styles, etc., all need to be promoted step by step.Therefore, Lin Zhichao also works slowly and meticulously. After all, this is the birth of a brand, not the OEM garment industry.

"Well, it makes sense! Generally speaking, rich people like to go to the stores opened by old tailors in Shanghai to customize, and the middle class has a large number of opportunities." Tang Zhongyuan commented.

He is a native of Shanghai. He usually likes to go to North Point for a haircut and clothes shopping, where he has what he needs.

Lin Zhichao smiled and said nothing. The crocodile shirt he will make will sooner or later be like the "Bauhinia" in Hong Kong, which can represent Hong Kong and become an imprint.

Weng and his son-in-law chatted about business for a while, and Tang Zhongyuan got up to leave. The couple turned a blind eye to the recent intimacy between Lin Zhichao and his youngest daughter, waiting for Lin Zhichao to bring it up.

This matter is not unacceptable, as long as Lin Zhichao is good enough!

Garment factories in Hong Kong were surprised!

Because the Yangtze River Garment Factory received orders from Africa, not only did it not lose money, but it gained the trust of African businessmen and continued to receive orders.

The Changjiang Garment Factory was rushing to work here all night long, envious of some garment factories for a while, and also caused some garment factories to speculate.

"This must be a trap. The order gets bigger and bigger, and then suddenly they don't pay, taking advantage of more!"

"It makes sense. I still stick to my opinion. It's better not to accept orders from Africa."

The views of most garment factory owners on African orders have not changed much.

Only, Lin Baixin of Lixin Garment Factory was a little annoyed that she was unlucky and was taken a step ahead by Changjiang Garment Factory.

"Brother Xin, don't be upset, there will definitely be opportunities like this in the future. Our Lixin Garment Factory is not weak, and we can definitely increase sales channels." Yu Baozhu comforted immediately.

She was also a little annoyed, but she understood that since things had happened, she should cheer up more.

Lin Baixin nodded and said, "Baozhu, from now on you will help me manage the Lixin Garment Factory!"

The marriage of the two has been decided, and he feels that Yu Baozhu is very capable and can help him.

"Well, thank you Brother Xin!" Yu Baozhu was very happy immediately.

You know, she is being taken as a concubine now, and her status is definitely not high; but if she can help Brother Xin in her career, her status will rise in the future.

Although she is a concubine, her status will definitely not be lost to that of the wife.

Lin Zhichao and Tang Caiyun came to Kande Road in Mid-Levels to look at properties. Since this year, Lin Zhichao asked Hu Zhaoxu to find a house in Mid-Levels for him without tenants.

If there are tenants, it will be troublesome. After all, there is no tenant court in Hong Kong at this time, so there will be many troubles.

"Lin Sheng, although this bungalow is a bit old, it occupies a large area, with a courtyard and a garage." The agent introduced patiently.

Lin Zhichao looked at it, and found that the building was really old, probably a product of the 20s. However, this western-style building is surrounded by walls and iron fences, and is shaded by trees, so it has better privacy.

The more famous residences on Conduit Road include: Mo Gansheng, the comprador of Swire Pacific, built a palace-style mansion at No. 41 Conduit Road, and the private residence developed by Cassidy Paul Chater. There are many imitation palace buildings.

"Who was the former owner?" Lin Zhichao asked.

This is very important. There are many celebrities living in the mid-level area. If they are politicians or warlords, they are not allowed to be harassed by spies and subordinates for a long time.

"It's an executive of a foreign company, and now he is going to return to China, so he is in a hurry to make a move." The intermediary said immediately.

The person in front of him is a real estate tycoon himself, so he is very professional.

Lin Zhichao nodded and said to Tang Caiyun, "What do you think?"

Tang Caiyun took a closer look and said, "The site is really big. I like this big yard very much. The balcony is also very nice. You can also plant some bonsai."

Lin Zhichao understood, and said to the agent: "Okay, ask the landlord to sign the contract for me!"

"Okay, the better I can contact you, I'd better contact Manager Hu!"

"Contact Manager Hu, I'm buying a house for a company."

The agent did not expect that Lin Zhichao and his wife decided to take it after watching it for an hour. They were really proud.

I don't know.

In Lin Zhichao's view, this three-story bungalow covers an area of ​​more than 3000 square feet, and the price is only 18.8 Hong Kong dollars, which is obviously very cheap.

The ceiling fee for a floor in Mid-Levels is 1.5, and the monthly rent is 450 Hong Kong dollars.If it weren't for the unclear situation in Hong Kong, how many buildings there would be for sale? After all, everyone is competing to be a landlord and living a life of rent collection.

In Hong Kong, there is a rule of "top hand 7000 monthly rent 200" for almost a slightly better floor, which has become a slogan in everyone's mouth "top hand 7000 monthly rent 200".

As far as the top fee is concerned, it may exist for many years, and the government can’t control it, because the rent is restricted by regulations, but the top fee is plainly unreliable, and the landlord is taking advantage of loopholes.

Afterwards, Lin Zhichao and Tang Caiyun got into the car and left the scene.

Tang Caiyun asked curiously: "Just now you said that the company bought a house?"

Lin Zhichao said with a smile: "Cheung Kong has paid for it, so we can just register it under the banner."

Tang Caiyun nodded, and didn't ask any more questions.

Lin Zhichao said again: "Looking at the appearance of this house, I plan to renovate it. I'm afraid I won't be able to live in it this year, so I'll move in next year."

Since we want to live in a good house, this house is too old.This house may be lived in until the end of the 50s. Even if Lin Zhichao found a geomantic treasure in Deep Water Bay during the period, he would rebuild it, so it can only be used as a new residence in the 60s.

Tang Caiyun said with a smile: "I'm afraid I want to use this house to marry a newcomer!"

Lin Zhichao responded: "You said it like this, it really is the right time."

Tang Caiyun didn't have any objections, because this kind of thing had already happened, she suddenly seduced Lin Zhichao's ear: "Husband, do you want that?"

Lin Zhichao nodded instinctively!
Tang Caiyun smiled, and then ignored the topic, but Lin Zhichao understood that the opportunity was coming.

Although the atmosphere of this era is conservative, it does not mean that there are no such things as private life and elopement, so there is no need to worry about excessive things.

It's the weekend.

Tang Caiying came to Lin's house wearing a beautiful dress, which has become her habit.No matter whether the Lin family and the Tang family get together on weekends or not, she will always come to the Lin family, because she is more free and pampered in this family.

When they came to Lin's house, Tang Caiyun was teasing the children on the sofa, and even Lin Xiner was playing with Lin Ruihuan.

Tang Caiying first pretended to play with Lin Ruihuan, and then her eyes drifted to Lin Zhichao and his wife's bedroom, quite absent-minded.Although she and her sister had already opened up their hearts, Lin Xiner and Wu Wenying were still there after all, so she felt uncomfortable and rushed in directly.

Tang Caiyun was amused, her younger sister was deeply involved now, and the girl's love was just beginning.

Handing Lin Ruihuan to her mother-in-law, Tang Caiyun smiled and said, "Come in with me, I have something to tell you!"

Tang Caiying was taken aback, thinking that Lin Zhichao was not in the bedroom, so she didn't feel anything wrong, so she followed her sister into the bedroom.

When I walked in, I found that Lin Zhichao was reading a book on the desk.

Tang Caiying jumped to Lin Zhichao's side and said, "Brother Zhichao, you also read books on weekends. This is not acceptable. Shouldn't you spend more time with your family?"

Lin Zhichao then turned sideways and said, "It's not that exaggerated, I just watched it for a while!"

Then he stood up, came to Tang Caiying, and motioned Tang Caiyun to approach, and chatted.

"We bought a three-story western-style building on Conduit Road and renovated it. You can live in it next year!"

Tang Caiying looked at her sister first, and then said: "What about my parents?"

Tang Caiyun said with a smile at this time: "What else can I do? Just look at their attitude and you will understand!"

Tang Caiying thought about it, it was really like that, and then said unconvinced: "Brother Zhichao, if you don't cherish it, we will never forgive you in the future!"

In a word, Lin Zhichao almost trembled when he said it!
Fortunately, he calmed down and said, "Don't worry! I am a very responsible person, and I promise everyone will be happy."

In fact, I thought in my heart that in another 20 years, he will still be a boy!
(End of this chapter)