Chapter 22 [Financial Prosperity]
Lin Zhichao came to the "Gold and Silver Trade Fair" at No. 12 Masha Street in Sheung Wan, intending to go in with Liao Baoshan to experience the development of Hong Kong's financial industry.
Masha Street and Bonham East Street are both in the ring of Hong Kong Island. These two streets are famous golden streets.On Bonham East Street, there are twenty or thirty gold shops and silver shops, specializing in gold trading, foreign currency exchange, exchange and other businesses.
When you come to the 'Gold and Silver Industry Trading Field', the building is not very conspicuous, but there are two tall and heavily armed British Indian policemen standing at the gate, which are particularly conspicuous.
"Brother Lin"
"Brother Liao"
Lin Zhichao and Liao Baoshan formed a confluence. After all, if Lin Zhichao came alone, he needed an invitation card, because the 'Gold and Silver Industry Trade Fair' was not open to the public.
As for the relationship between the two, Lin Zhichao will naturally not have a heart-to-heart relationship with Liao Baoshan. He will keep a close eye on any friends who come to meet friends; and if he takes the initiative to meet friends and elders, he will be more at ease in the relationship.
These are just his personal opinions.
The Indian policeman spoke fluent Cantonese and asked to show the entry ticket. Fortunately, Liao Baoshan was the owner of the 'Liao Chuangxing Bank' and was very familiar with the exchange, so Lin Zhichao was admitted by the Indian policeman.
As soon as you enter the door, the noise of "gold speculation" in the hall is like a heat wave blowing from the desert.
"Let's go to the second floor, so we can see the situation inside more intuitively!"
"it is good"
After arriving on the second floor, I leaned against the railing, and I could see everything below.
I saw a 2000-square-foot courtyard below, more than 100 gold traders in yellow vest uniforms, like Spanish matadors, wandering in the hall, looking for their prey.And on the walls around the courtyard, there are densely packed telephones.
Liao Baoshan introduced: "Those phone calls can continuously report the on-site gold price to the boss of the bank; at the same time, the boss of the Gold Bank can also pass orders to the buyers and sellers in the field through the phone."
Lin Zhichao nodded and said, "In this way, the boss determines the order to buy and sell gold based on various factors outside the market and the price of gold on the market. Wonderful!"
Although Liao Baoshan did not say too much about the elements of gold speculation, Lin Zhichao is self-taught. In this gold and silver trading field, 'information' is the most critical, even the life of the boss of the gold bank and bank; a little negligence is fatal threat.
As far as Lin Zhichao knows, Chen Bichen of the Pangu Bank of Thailand often comes to Hong Kong to speculate in gold. He even has a set of the most advanced equipment——Chen Bichen uses the short-wave station set up by Chaozhou people in Hong Kong to connect to smuggling ships at sea, and then receives them from Thailand. command center.At the same time, because Chen Bichen is in charge of the channel for Southeast Asian expatriates to send money to relatives in the mainland, he often uses these funds to speculate in gold during the three-day stay in Hong Kong.
Muran Jian.
A trader standing in the middle of the patio raised his right hand, but saw his fingers bent outwards and gestured a few times; then a dozen traders rushed towards him and grabbed him tightly; his eyes were quick and his hands were quick Each of the five buyers and sellers patted each other on the shoulder, and the crowd quickly dispersed.
Liao Baoshan introduced: "Frying gold in the trading field is based on 100 taels as a unit of calculation, commonly known as 'one hand'. Curving your fingers outward means selling; bending your fingers inward means buying. The price is also based on gestures. , only enter the two mantissas after the price. The seller pats the buyer on the shoulder, the transaction is considered, and then both parties record the transaction amount in their notebooks. The market is closed in the afternoon and the market is closed in the afternoon. , instead of trading gold on the spot, it will be officially traded three days later. So during these three days, if you sell the gold in your hand to others at a higher price, or absorb other people’s gold at a lower price, then you will make a profit.”
Lin Zhichao's understanding ability is very good, and he said: "Understood! This is really a financial paradise. But will the people here renege on their debts?"
Liao Baoshan said decisively: "Normally dare not, what is important here is the word 'trust', not to mention the supervision and statistics of people in the market, as well as the guarantee deposit."
then.
Liao Baoshan said with a smile: "My brother, if you want to speculate in gold, you have to open a bank or a gold store, and then apply for membership in the trading field, and you need to pay a deposit. However, the membership of the trading field is basically fixed and may be disqualified." You will have the opportunity to substitute after you get it. Of course, if you want to speculate, you can also go through other silver and gold shops and pay a small commission."
Lin Zhichao responded: "Thank you, brother Liao, for your advice. If I have the opportunity in the future, I will definitely give it a try. But I am poor now, so I am afraid it will make people laugh."
Liao Baoshan nodded, and said, "Development is a quick thing for you. Once you do that project, you won't be able to make a lot of money."
Thinking of this, he felt a little heartbroken, and then thought Lin Zhichao, you'd better lose everything here.
Lin Zhichao said with a smile: "Thank you bro for admitting it! But bro real estate doesn't necessarily have to be a big project, if you have a few more small projects, you can still make a lot of money."
Liao Baoshan patted Lin Zhichao on the shoulder, and said generously: "Real estate is just a small business, your brother plans to show his skills here."
"Then congratulations in advance, brother, for killing all directions and earning a lot of money!"
"Haha, I accept your blessings."
Liao Baoshan brought Lin Zhichao to the gold and silver field, although he had no good intentions, but at least he was dating Lin Zhichao.
So apart from not completely trusting Liao Baoshan, Lin Zhichao really made friends with him.
Of course, Lin Zhichao also believes that there is no one who can lie to him.
Essentially speaking, Lin Zhichao has kept a hand in any business, as long as he survives, he can turn around quickly.
Now, he is equivalent to two hands of cards, one is real estate (worth a million), and the other is gold (worth about 60).Since getting a windfall in January, Lin Zhichao's net worth has more than doubled, and only five months have passed.
Business Wizards!
When Lin Zhichao returned to the company, his mood did not fluctuate. He knew the best time to speculate in gold, and that was 1948.
Similarly, he will not intervene in gold speculation until he has no strength.If he has the strength, then he will go out and make big gains, killing all directions.
At present, Lin Zhichao's real estate business is doing very well, and he has invested a total of about 28 Hong Kong dollars (16 small yellow croakers); and by next year, the three real estate projects currently invested will reach 110 million Hong Kong dollars in net assets, and the asset value will increase. to four times.
Therefore, he must continue to do a good job in the real estate business in hand, and lay out the zipper industry.
He has analyzed the market. At present, the zipper market in Hong Kong, Southeast Asia, and RB is either monopolized by Europe and the United States (high price), or Asian handmade products (poor quality).
If he is the first to introduce the automatic zipper machine, then he can quickly open up the market in these three markets by relying on low price and high quality, and then sell it to Europe and the United States.
As for the rise of RB's zipper industry, Lin Zhichao doesn't care. Both sides have their own advantages in the competition.Lin Zhichao can also set up an improved machine team to develop automatic punches, and then go to a German machinery factory to cooperate. He may not lose to the RB zipper industry.On the contrary, Hong Kong has cheap labor, cheap materials (low tax), convenient export, etc. These are all advantages.
"Boss, I found a factory in Xihuan, with more than 2800 square feet, the annual rent is 6600 Hong Kong dollars, and the top-up fee is 2000." Li Gaofu walked into his office and reported.
Upon hearing this, Lin Zhichao couldn't help but said, "So expensive?"
Li Gaofu said: "Right now, factories in Hong Kong are in short supply. Many mainland factory owners have come to Hong Kong to set up branch factories, so the owners are sitting on the ground and raising prices, and they are very proud."
Lin Zhichao's thoughts changed, and then he said: "Well, let's go and have a look tomorrow morning, and rent it if it suits. There are still factories for rent in these places, which obviously means that the peak period has not yet arrived. It is expected that there will be more in the next year or two. The factory needs to move to Hong Kong, or set up a branch factory. Therefore, if you recruit skilled zipper workers, it should be enough to recruit in Hong Kong, or you can ask people in Shanghai to act as an intermediary, go to Shanghai to recruit, and pay intermediary fees. After all, you are a Cantonese. , others won’t trust you if you go there. About 20 skilled workers are enough.”
"Ok, I see!"
Seeing that Lin Zhichao arranged things for him, Li Gaofu was even happier, which meant that he received a heavy responsibility.
After Li Gaofu left, Lin Zhichao called Zhou Fuzhao, the accountant, and Hu Zhaoxu from the marketing department.
"I will inject another 50 Hong Kong dollars into Changjiang Real Estate. This fund will be used to continue to develop new real estate projects. You should make financial preparations and search for land and old buildings."
The two of them were immediately surprised. It was unbelievable where the boss got 50 Hong Kong dollars.
"Okay," the two said excitedly after being surprised.
Cheung Kong Properties has become the leader in real estate in Hong Kong, and they are naturally rising with the tide.
(End of this chapter)
Lin Zhichao came to the "Gold and Silver Trade Fair" at No. 12 Masha Street in Sheung Wan, intending to go in with Liao Baoshan to experience the development of Hong Kong's financial industry.
Masha Street and Bonham East Street are both in the ring of Hong Kong Island. These two streets are famous golden streets.On Bonham East Street, there are twenty or thirty gold shops and silver shops, specializing in gold trading, foreign currency exchange, exchange and other businesses.
When you come to the 'Gold and Silver Industry Trading Field', the building is not very conspicuous, but there are two tall and heavily armed British Indian policemen standing at the gate, which are particularly conspicuous.
"Brother Lin"
"Brother Liao"
Lin Zhichao and Liao Baoshan formed a confluence. After all, if Lin Zhichao came alone, he needed an invitation card, because the 'Gold and Silver Industry Trade Fair' was not open to the public.
As for the relationship between the two, Lin Zhichao will naturally not have a heart-to-heart relationship with Liao Baoshan. He will keep a close eye on any friends who come to meet friends; and if he takes the initiative to meet friends and elders, he will be more at ease in the relationship.
These are just his personal opinions.
The Indian policeman spoke fluent Cantonese and asked to show the entry ticket. Fortunately, Liao Baoshan was the owner of the 'Liao Chuangxing Bank' and was very familiar with the exchange, so Lin Zhichao was admitted by the Indian policeman.
As soon as you enter the door, the noise of "gold speculation" in the hall is like a heat wave blowing from the desert.
"Let's go to the second floor, so we can see the situation inside more intuitively!"
"it is good"
After arriving on the second floor, I leaned against the railing, and I could see everything below.
I saw a 2000-square-foot courtyard below, more than 100 gold traders in yellow vest uniforms, like Spanish matadors, wandering in the hall, looking for their prey.And on the walls around the courtyard, there are densely packed telephones.
Liao Baoshan introduced: "Those phone calls can continuously report the on-site gold price to the boss of the bank; at the same time, the boss of the Gold Bank can also pass orders to the buyers and sellers in the field through the phone."
Lin Zhichao nodded and said, "In this way, the boss determines the order to buy and sell gold based on various factors outside the market and the price of gold on the market. Wonderful!"
Although Liao Baoshan did not say too much about the elements of gold speculation, Lin Zhichao is self-taught. In this gold and silver trading field, 'information' is the most critical, even the life of the boss of the gold bank and bank; a little negligence is fatal threat.
As far as Lin Zhichao knows, Chen Bichen of the Pangu Bank of Thailand often comes to Hong Kong to speculate in gold. He even has a set of the most advanced equipment——Chen Bichen uses the short-wave station set up by Chaozhou people in Hong Kong to connect to smuggling ships at sea, and then receives them from Thailand. command center.At the same time, because Chen Bichen is in charge of the channel for Southeast Asian expatriates to send money to relatives in the mainland, he often uses these funds to speculate in gold during the three-day stay in Hong Kong.
Muran Jian.
A trader standing in the middle of the patio raised his right hand, but saw his fingers bent outwards and gestured a few times; then a dozen traders rushed towards him and grabbed him tightly; his eyes were quick and his hands were quick Each of the five buyers and sellers patted each other on the shoulder, and the crowd quickly dispersed.
Liao Baoshan introduced: "Frying gold in the trading field is based on 100 taels as a unit of calculation, commonly known as 'one hand'. Curving your fingers outward means selling; bending your fingers inward means buying. The price is also based on gestures. , only enter the two mantissas after the price. The seller pats the buyer on the shoulder, the transaction is considered, and then both parties record the transaction amount in their notebooks. The market is closed in the afternoon and the market is closed in the afternoon. , instead of trading gold on the spot, it will be officially traded three days later. So during these three days, if you sell the gold in your hand to others at a higher price, or absorb other people’s gold at a lower price, then you will make a profit.”
Lin Zhichao's understanding ability is very good, and he said: "Understood! This is really a financial paradise. But will the people here renege on their debts?"
Liao Baoshan said decisively: "Normally dare not, what is important here is the word 'trust', not to mention the supervision and statistics of people in the market, as well as the guarantee deposit."
then.
Liao Baoshan said with a smile: "My brother, if you want to speculate in gold, you have to open a bank or a gold store, and then apply for membership in the trading field, and you need to pay a deposit. However, the membership of the trading field is basically fixed and may be disqualified." You will have the opportunity to substitute after you get it. Of course, if you want to speculate, you can also go through other silver and gold shops and pay a small commission."
Lin Zhichao responded: "Thank you, brother Liao, for your advice. If I have the opportunity in the future, I will definitely give it a try. But I am poor now, so I am afraid it will make people laugh."
Liao Baoshan nodded, and said, "Development is a quick thing for you. Once you do that project, you won't be able to make a lot of money."
Thinking of this, he felt a little heartbroken, and then thought Lin Zhichao, you'd better lose everything here.
Lin Zhichao said with a smile: "Thank you bro for admitting it! But bro real estate doesn't necessarily have to be a big project, if you have a few more small projects, you can still make a lot of money."
Liao Baoshan patted Lin Zhichao on the shoulder, and said generously: "Real estate is just a small business, your brother plans to show his skills here."
"Then congratulations in advance, brother, for killing all directions and earning a lot of money!"
"Haha, I accept your blessings."
Liao Baoshan brought Lin Zhichao to the gold and silver field, although he had no good intentions, but at least he was dating Lin Zhichao.
So apart from not completely trusting Liao Baoshan, Lin Zhichao really made friends with him.
Of course, Lin Zhichao also believes that there is no one who can lie to him.
Essentially speaking, Lin Zhichao has kept a hand in any business, as long as he survives, he can turn around quickly.
Now, he is equivalent to two hands of cards, one is real estate (worth a million), and the other is gold (worth about 60).Since getting a windfall in January, Lin Zhichao's net worth has more than doubled, and only five months have passed.
Business Wizards!
When Lin Zhichao returned to the company, his mood did not fluctuate. He knew the best time to speculate in gold, and that was 1948.
Similarly, he will not intervene in gold speculation until he has no strength.If he has the strength, then he will go out and make big gains, killing all directions.
At present, Lin Zhichao's real estate business is doing very well, and he has invested a total of about 28 Hong Kong dollars (16 small yellow croakers); and by next year, the three real estate projects currently invested will reach 110 million Hong Kong dollars in net assets, and the asset value will increase. to four times.
Therefore, he must continue to do a good job in the real estate business in hand, and lay out the zipper industry.
He has analyzed the market. At present, the zipper market in Hong Kong, Southeast Asia, and RB is either monopolized by Europe and the United States (high price), or Asian handmade products (poor quality).
If he is the first to introduce the automatic zipper machine, then he can quickly open up the market in these three markets by relying on low price and high quality, and then sell it to Europe and the United States.
As for the rise of RB's zipper industry, Lin Zhichao doesn't care. Both sides have their own advantages in the competition.Lin Zhichao can also set up an improved machine team to develop automatic punches, and then go to a German machinery factory to cooperate. He may not lose to the RB zipper industry.On the contrary, Hong Kong has cheap labor, cheap materials (low tax), convenient export, etc. These are all advantages.
"Boss, I found a factory in Xihuan, with more than 2800 square feet, the annual rent is 6600 Hong Kong dollars, and the top-up fee is 2000." Li Gaofu walked into his office and reported.
Upon hearing this, Lin Zhichao couldn't help but said, "So expensive?"
Li Gaofu said: "Right now, factories in Hong Kong are in short supply. Many mainland factory owners have come to Hong Kong to set up branch factories, so the owners are sitting on the ground and raising prices, and they are very proud."
Lin Zhichao's thoughts changed, and then he said: "Well, let's go and have a look tomorrow morning, and rent it if it suits. There are still factories for rent in these places, which obviously means that the peak period has not yet arrived. It is expected that there will be more in the next year or two. The factory needs to move to Hong Kong, or set up a branch factory. Therefore, if you recruit skilled zipper workers, it should be enough to recruit in Hong Kong, or you can ask people in Shanghai to act as an intermediary, go to Shanghai to recruit, and pay intermediary fees. After all, you are a Cantonese. , others won’t trust you if you go there. About 20 skilled workers are enough.”
"Ok, I see!"
Seeing that Lin Zhichao arranged things for him, Li Gaofu was even happier, which meant that he received a heavy responsibility.
After Li Gaofu left, Lin Zhichao called Zhou Fuzhao, the accountant, and Hu Zhaoxu from the marketing department.
"I will inject another 50 Hong Kong dollars into Changjiang Real Estate. This fund will be used to continue to develop new real estate projects. You should make financial preparations and search for land and old buildings."
The two of them were immediately surprised. It was unbelievable where the boss got 50 Hong Kong dollars.
"Okay," the two said excitedly after being surprised.
Cheung Kong Properties has become the leader in real estate in Hong Kong, and they are naturally rising with the tide.
(End of this chapter)
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