Year: I had a good time when I was young

Chapter 408: Investing in a Bank
Chu shrugged forward, "The best thing you can do is, if it doesn't work, then think of another way."

When there is a bank run, I don't believe Standard Chartered will not seek foreign aid.

Or, by that time, I won’t beg to buy shares.But in order to prevent the cash and gold he had deposited in their bank from being withdrawn, Zha had to take the initiative to ask for a shareholding.

If that doesn't work, then buy shares in Hang Seng Bank.

Hang Seng's registered capital last year was 3 million, but its actual total assets were only 1500 million Hong Kong dollars.

It shouldn't be difficult to spend a few million to invest.After all, Hengsheng was really just a junior at this time.

Thinking of this, Chu Qianqian looked at Huang Weixin and said, "Ah Huang, help me make an appointment with several shareholders of Hang Seng Bank. If you are free one day, go to the Guoliang branch in Causeway Bay for dinner."

Huang Weixin nodded quickly and quickly went out to make a phone call.

Juan knew that Chu Xiangqian was forcing Standard Chartered to compromise, but when he thought about the 2 million pounds and 5 million Hong Kong dollars in cash, if they were deposited in Hang Seng Bank, it would increase the reputation and credibility of this small bank. Not an exaggeration.

Once the number of depositors increases, not only will it become a competitor to Standard Chartered, but HSBC will definitely not want to see Chinese banks become stronger.

Huan hurriedly said to Chu Qianqian, "Sheng Chu, please give us a few days. I believe the board of directors will make a wise choice."

Chu Qianqian smiled and nodded. If he could join Standard Chartered, he would also become a shareholder of Hang Seng.

Then he can basically become the big backstage financier of Chinese capital in the future.

Moreover, it seems that Hang Seng was unable to withstand changes in its major shareholders during the two bank runs in 63 and 65.

At that time, a bank was unable to exchange 700 million US dollars for customers, which caused a large number of savings customers of this bank to flock to the bank to withdraw funds.

Because there were too many people running on the bank, the bank simply couldn't get out that much cash in a short period of time.

As a result, many banks were implicated, including Hang Seng.

It survived the first time, but only two years later there was another thunderstorm. It was also at that time that the control of Hang Seng changed.

With this example, Chu Xiangqian would naturally not let go of such a good opportunity.

Moreover, after owning shares, he can also lobby Standard Chartered to provide Hang Seng with an unlimited savings guarantee to survive the difficult period of being squeezed.

Then expand the business and take advantage of the situation to take a bite out of the failed banks.

At 10 o'clock in the morning, Chu Xiangqian said to Juan, "My requirements are not high, 5% of the shares and a seat on the board of directors."

Juan nodded solemnly. The shares were easy to negotiate, but a seat on the board of directors was difficult.

Having one more sensible person is equivalent to weakening the rights of other sensible persons to a certain extent. From Juan's point of view, this matter is basically useless.

The biggest problem is that the influence of Chinese sensible people is too great.

It was so big that as long as Chu Xiangqian was sincere to members of the bank board of directors, countless Chinese businessmen would take the initiative to move closer to him.

If Chu Xiangqian pulls a group of people together to grow stronger, these people will definitely take the initiative to push him to a higher position.

This is the result of mutual benefit, but for the British capital, it is the Chinese businessmen who are competing with them for the market.

No one can predict the consequences.

Without letting Juan think much, Hader and others had already entered the conference room.

Juan could only leave first, but kept Lu Anjie as a representative of Standard Chartered to provide Chu Xiangqian with financial services.

Last night in the card room of the Peninsula Hotel, we basically had enough to talk about.

After confirming many details and reviewing the contract, I was busy until about 3 o'clock in the afternoon, when I formally signed the contract for the establishment of the Cylinder Pulley Luggage Company and the distribution of shares.

As for the patent, it was naturally in Chu Qianqian’s own hands.

Subsequently, a contract was signed to authorize the new company to have a patent authorization period of 5 years.

All that's left is to transfer the money into Standard Chartered's new company account.

Chu Xiangqian promised to provide 450 pieces of top-grade cowhide and 1050 pieces of top-grade sheepskin every month.There are also 90 fox skins and 90 shark skins.

The final negotiated price was 15 pounds for cowhide, but it had to be top quality.

Sheepskin £5.

Fox Pichu stepped forward and insisted on 50 pounds, and also said that he had exported fox furs to London for 50 pounds a piece.

This matter is not difficult to check. Lu Anjie confirmed the authenticity with just a few phone calls.

Only then did Ge Bai and others agree.

There is no need to argue about shark skin. After Chu Qianqian went out, he brought all shark skins, as well as cow, sheep and fox skins to the lawyer and showed them to everyone.

A piece of shark skin over two and a half meters long costs 1 pounds.

The only thing that has not been discussed properly is the horse's leather. The biggest problem is that Chu Xiangqian himself cannot guarantee how many pieces he will provide stably every month.

After thinking about it, I decided not to mention the horsehide matter anymore.

The total price of cattle, sheep, fox and shark skin is 2.55 pounds per month.

That's 30.6 pounds a year, but since it's a stock investment, no one would foolishly agree to calculate it as 30.6 pounds.

Chu Xiangqian thought for a while and decided to come up with 50 pounds and take 51% of the shares.

Then in the name of the new company, leather worth 30.6 pounds was purchased.

Although it's a bit troublesome, you don't have to worry about trouble in the future.

And as soon as the contract was signed, he got back 30.6 pounds.

However, Chu Xiangqian also used his deposit at Standard Chartered as a guarantee and will provide no less than the amount of leather specified in the contract every month in the next year.

With cash as guarantee, Hader and others didn't say much.

Not to mention that Chu Xiangqian is still the major shareholder with controlling rights.

As long as nothing is done to harm the interests of other shareholders, Chu Qianqian has the final say in this company.

As for the 39% shares, Chu Xiangqian doesn't care how Hader and others distribute them.

At the same time, it was also stipulated that the company did not care who shared the 10% shares Hader received, but the company only recognized one shareholder.

And there is only one vote.

On the premise that Chu Xiangqian holds 51% of the shares, voting rights are basically useless.

Almost only one member of the board of directors can go to hear Chu Xiangqian's decision during the meeting.

Then listen to the management's work report. If you are in a bad mood, the most you can do is find trouble with the management.

Moreover, the 8% shares subscribed by eight people in Hader amounted to 39.

Chu Xiangqian's idea was very simple. If Ge Bai and others didn't help him at the dock, they would definitely get more money.

Otherwise, even if you are a member of the circle of poker friends, there is no reason to take advantage of others.

Chu Xiangqian paid 50, but only 30.6 was exchanged.

In addition, Hader took 10% of the 10, and the new company had 107.4 million pounds in hand as soon as it was established.

As for the location of the new company, Harder and others strongly requested that the factory be placed in the Chai Wan Industrial Zone.

Only then did Chu Xiangqian realize that these guys had actually acquired 2 hectares of land in Chai Wan.

Now when it was resold, it made a profit of 25% and sold for 18 pounds.

Chu Xiangqian was so angry that he almost wanted to curse, but after thinking about it, he decided not to.

36 pounds is equal to 288 million Hong Kong dollars, and 2 hectares is equal to 30 acres of land.

Although 9.6 Hong Kong dollars per acre of land is a bit expensive, it saves you the trouble of buying land.

And if you ask Nelson for help, the 25% rebate is already considered cheap.Chu Xiangqian directly decided to encircle the 30 acres of land with a fence.

Then build 4 warehouse-style factories first. If you go quickly, they can be built in one month.

But since we still need to buy machinery, we don’t have to work in two shifts day and night.

Chu Qianqian asked with a thought, "Are you planning to import machines from England or the United States?"

Unexpectedly, Hader said directly, "The ones from the island countries are cheap and easy to use. If you don't object, I will go to the island country businessmen I know to discuss this matter."

Bridge, Ge Bai and others shrugged. Anyone who has had contact with the island country knows that Hader is right.

Although the quality may not be the best, the price must be the lowest.

And the attitude is surprisingly good. If there is a problem, just call me and they will send someone to repair it that day.

If an engineer from England or the United States comes to the door in three days, it is considered fast.

Only then did Chu Xiangqian realize that it was still the 60s, and the island country's economy was just showing signs of taking off.

But this is just a sign. Even the Japanese people themselves dare not imagine that in 20 years, their economy will reach 70% of that of the United States.

The total market value of all real estate properties in Tokyo alone is said to be enough to buy the entire United States.
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When the little trickster is at his lowest point, his attitude is always very good.

No, it seems that people throughout East Asia are basically like this.

Decades later, Chinese companies will have the same good attitude when facing customers from Europe, America, and island countries.

This made Chu Xiangqian a little helpless. After all, he knew nothing about machines in this area.

If you know the drawings, you can also order machines from China.

But then I thought about it, maybe I could ask the Chinese side if they could come up with a plan of their own.

After all, it is not difficult to produce tie rods and pulleys, as well as machines for making suitcases. As long as the money is given, China will definitely be able to build them.

Of course, the price must not exceed the price quoted by the island country.

Otherwise, Chu Xiangqian himself would be inclined towards island companies.

As for letting Neidou produce tie rods and pulleys, Chu Xiangqian refused without even thinking about it.

Once someone gets caught with the new suitcases being exported to Europe and the United States, let alone selling the products, there might be shameless countries claiming that the levers and pulleys are made in China.

Just ignore the patent.

Thinking of this, Chu Xiangqian simply stopped mentioning the design and production of machines in the mainland.

You can't ruin your multi-million-pound business just to get orders from China, right?
Everyone saw Chu Qianqian frowning but did not speak, knowing that he probably agreed.

Instead, Lu Anjie took the opportunity to say, "Chu Sheng, can I make a call?"

Chu was stunned, and Lu Anjie hurriedly walked to him and explained in a low voice.

Chu Qianqian nodded, and not long after, the old guy Juan returned to the law firm with a slight sweat on his forehead.

As soon as he entered the office, he placed a document in front of Chu Qianqian.

After Chu Xiangqian read it, he nodded to Huan and motioned for him to explain to Ge Bai and others.

Huan hurriedly said, "The Chen Hsong Machinery Factory established two years ago, although it was established not long ago, is still very strong.

Last year alone, we manufactured and designed various machines with a total value of more than HK$700 million for local factories.

Chu Sheng and all the gentlemen, why not give this machinery factory a chance and let them come up with a plan within three days.

If the design plan is approved, give them some time to come up with specific design data.

Finally, compare with the machines from island countries. If the overall evaluation is not low and the price is cheap, choose them. "

Chu looked forward to Hader and the others. The eight ghost guys shrugged. They still had a few days to wait.

Besides, even if you negotiate with people from the island country, the negotiation time will not be short.

On the contrary, after the negotiation is completed, it will not take long for it to be shipped.

In the end, it is not only necessary to debug the machine, but also to train qualified workers first.

If this thing can be done within three months, it is considered fast.

After getting Chu Xiangqian's permission, Juan hurriedly walked out of the conference room to make a phone call.

Chu Qianqian looked at Juan's back and said with a smile, "No wonder Juan Montero can sit in the executive class of Standard Chartered Hong Kong Island and just run all the way back with the information.

If I were the chairman of Standard Chartered, I would also let him be the chief executive. "

The others smiled and nodded. As Englishmen, Hader and these eight ghosts naturally knew that most of England was synonymous with arrogance and laziness.

Sometimes their British superiors cannot stand the inefficiency of the British police officers below.

This shows that Juan is indeed a qualified taipan.

After chatting for a while, everyone began to discuss what the new company should be called and what trademark it should use.

Chu Xiangqian naturally wanted to hear the suggestions from Hader and others.

Unexpectedly, these eight ghost guys actually set their sights on the champion knight.

However, after listening to Charles' words, Chu Xiangqian suddenly felt that Charles and others were indeed right.

The Triple Crown horse racing is famous enough, and there will be enough newspapers to report on the champion knight.

Incidentally, things related to this horse will also attract the interest of the media and audiences.

Just let the champion knight speak for you. It would be okay if it was just your own company.Just use it directly.

But if the new company is like what Charles and others said, it will be called Champion directly, and its trademark will use the image of the Champion Knight, that is, a horse.

Charles and others took advantage.

Ge Bai and others have worked with Chu Xiangqian for so long and basically know his character and style.

He smiled and said, "Chu, if you agree, we are willing to pay 20 pounds, or get authorization."

Chu Xiangqian was speechless now.

This price may be extremely low in the future, but in this era, it is already considered a high price.

"It's just 10 for a champion. If you win the Triple Crown and break the tournament record, I'll raise the offer by another 10."

Hader and the others frowned and thought about it, then murmured and discussed for a while, and soon felt that this proposal was not unacceptable.

The triple crown is 30, and the three tournament records are also 30.

The first leg has been completed, and the champion knight also won the championship and broke the record.

After the second and third stops, I got a lot of attention every time.

If the pulley box had been taken out in advance, just the media in England would have reported it.

This effect is indeed no less than the advertising benefit brought by 20 pounds.

Not to mention, this effect will always exist as the champion Cavaliers continue to win championships in the future.

A one-time investment will reap benefits for at least two to three years.

It's just that there are not many days left before the second championship in late June.

Second, a batch of samples must be produced as soon as possible.

Chu Xiangqian thought for a while and said, "Leave the samples to me. Several series and dozens of boxes should be produced within three days."

(End of this chapter)