Video Game Empire

The banking industry in Hong Kong has not been calm in the past few years. The real estate crisis in 1982 and the Hong Kong dollar crisis in 1983 caused the bad debt rate of the banking industry to soar rapidly. bank crisis. This has caused the Hong Kong banking industry to face unprecedented severe challenges in recent years.

However, when the entire banking industry was in turmoil, the development of Jiahua Bank can be described as thriving and has infinite scenery! By the end of 1986, the total number of business outlets of Jiahua Bank in Hong Kong had expanded to 87, and the total assets exceeded the 100 billion Hong Kong dollar mark for the first time.

Jiahua Bank has actually surpassed Standard Chartered in Hong Kong to become the second largest bank in Hong Kong. It achieved a record profit of HK$2.89 billion last year and was named the most competitive bank in Asia by the British "Banker" magazine.

Of course, the most important reason why Jiahua Bank, an upstart in Hong Kong's financial industry, has been able to grow for thousands of miles is that Li Xuan and Dongfang Group are behind it. Small and medium-sized banks in Hong Kong have frequently encountered problems in recent years, which inevitably makes ordinary depositors panic.

And Li Xuan's title of "the richest man in the world" just brought a huge credit bonus to Jiahua Bank. For example, the loan-to-deposit ratio of Hong Kong's banking industry has generally been controlled below 55% in recent years. For example, the Bank of East Asia, which has a relatively stable style, is only 40%, but the loan-to-deposit ratio of Jiahua Bank is as high as 74.5%.

The loan-to-deposit ratio refers to the ratio of the bank's total loans to total deposits. The higher the ratio, the poorer the bank's liquidity and the higher the risk. Banks take in money from depositors and can only make profits by lending them out. Net interest margin on deposits and loans. It is one of the most important sources of bank profits.

But the money deposited by depositors, even in term deposits, can be withdrawn at any time. The big deal is to give up that little interest. But it is impossible to get the money back from the bank at any time. Therefore, if the bank's loan-to-deposit ratio is too high, as long as there is a slight disturbance, a squeeze storm is likely to leave the bank with no money to pay, and thus collapse in an instant.

Of course, if the credit of the bank is good enough to be fully trusted by depositors. Even if the loan-to-deposit ratio is higher, there is no problem. Since the 1950s, Hong Kong's banking industry has experienced several rounds of run-offs. Even Hang Seng Bank, the leader of the original Chinese banks. In the 1960s run-off crisis, it had to be incorporated by HSBC.

But HSBC and Standard Chartered, two British-owned giants, have never been involved in any storm. The most fundamental reason for this is their strong strength and good reputation. Let the people of Hong Kong not believe that there will be problems with these two banks. Instead, every time a crisis breaks out. Everyone will take money out of other banks and deposit them in these two banks for safe-haven.

Now, although the scale of Jiahua Bank in Hong Kong is not as good as that of HSBC, the momentum of catching up is already very obvious. In particular, Jiahua, relying on its special relationship with Dongfang Group, has shared huge dividends in the rapid rise of Hong Kong's electronics industry in recent years.

In fact, Hong Kong's real estate industry has always been the most important part of bank credit, but in the credit structure of Jiahua Bank, the proportion of real estate companies and personal purchase loans. consistently below the industry average. Because Jiahua Bank chose to put more money into the industrial sector.

For example, with a large number of factories in Hong Kong moving northward. Jiahua Bank's capital exports to the mainland are also growing rapidly. However, due to the closed domestic financial system, especially the strict foreign exchange control and the non-free circulation of RMB, Jiahua Bank has been slow to enter the mainland.

At present, the vast majority of corporate clients that cooperate with Jiahua Bank are companies invested by Hong Kong businessmen in the Mainland, or joint ventures with Hong Kong capital background. The next goal of Jiahua Bank is to prepare to expand the mainland corporate customers. The investment in China Merchants Bank is officially one of the important layouts for Jiahua Bank to accelerate its entry into the mainland market!

"Mr. Li Xuan, congratulations to Jia Hua Bank's market value exceeding 30 billion Hong Kong dollars!" Wang Shizhen, the first president of China Merchants Bank, dressed in a blue suit and holding a tall glass, walked up to greet Li Xuan.

When Jiahua Bank was listed at the end of 1984, its initial market value was only HK$4 billion. But after just two and a half years, the company's total market value has grown to 7.5 times its original value. The excellent performance of Jiahua Bank has long been a miracle in the Hong Kong stock market. And more importantly, the share price of Jiahua is not seriously inflated. Its price-earnings ratio is only 10.3 times, which is even slightly lower than the average level of Hong Kong stocks.

Jiahua Bank had an additional issuance before, and Li Xuan’s shareholding ratio dropped from 75% when it was first listed to 70%. However, the total value of the Jiahua Bank shares he currently holds is still as high as 2.7 billion US dollars, accounting for almost one-tenth of his total assets, and it is also the fastest growing part of his assets.

"Thank you! I believe that with the rapid development of the mainland economy, the future of China Merchants Bank is also limitless!" Li Xuan and the other party politely clinked glasses and said with a smile. The celebratory banquet of China Merchants Bank is based on the Western-style cold dinner banquet in Hong Kong, but the wine in the wine glass has been changed from brandy to Moutai.

"Compared to the giant of Jiahua Bank, China Merchants Bank is only a newborn child, and it still needs more support from Jiahua Bank!" Wang Shizhen said humbly.

Although the approval report of the People's Bank of China has agreed that foreign capital can take a small share in the newly established China Merchants Bank. However, it also limited the establishment of China Merchants Bank in the early stage, to adopt a single bank system, without branches.

This newly established bank has only a registered capital of RMB 50 million and a total of only 36 employees. In front of Jiahua Bank, which has a total market value of HK$30 billion, it is indeed not worth mentioning.

Although China Merchants Bank's current business scope is temporarily limited to Shekou Industrial Zone and Nanhu Development Zone, it will not be difficult to break through this restriction when the bank grows to a certain scale in the future.

The potential of the domestic market is limitless in the future. In contrast, the growth space of the Hong Kong market is actually very limited. This is also an important reason why Li Xuan came to Shekou from Hong Kong to attend the opening ceremony of China Merchants Bank.

Wang Shizhen is the host tonight. Naturally very busy. He exchanged a few words with Li Xuan, and then went to greet the other guests. There were many guests attending the banquet, and many of them were the heads of various enterprises in the Shekou Industrial Zone. Many of them are Hong Kong owners.

But Li Xuan doesn't actually have many acquaintances. His social circle is too high, and he usually contacts Hong Kong's rich and famous families and capital tycoons. And those people obviously didn't notice how far this small bank that just opened in Shekou can develop in the future!

The opening reception of China Merchants Bank was not held in a hotel in the city, but at the Yuehai Restaurant in Xinnan Town. certainly. The reason why China Merchants Bank chose the venue for the banquet this time at Yuehai Restaurant is because the owner of the restaurant has a lot of cooperation with China Merchants Group.

The dim sum chef at Guangdong Restaurant. More than 30 Cantonese-style dim sums were prepared for the banquet. The income of the masters is obviously very good, and it has not lost the reputation of Yuehai Restaurant that has been rapidly rising in Shenhai City recently. Li Xuan stood in the banquet hall for a while, then began to focus on the food.

He held a plate of exquisite crystal shrimp dumplings in one hand and a glass of watermelon juice in the other. Then go to the corner of the balcony outside the banquet hall. I chose a chair to sit down and began to enjoy the bustling crowd downstairs and the scenery of the busy traffic not far away.

In just a few years, the number of cars on the streets of Shenhai City has increased rapidly. Especially on the Shennan Road not far away, on this main road that runs through the east and west, the traffic flow is already flowing.

The current Xinnan Town has undergone earth-shaking changes compared to when Li Xuanlai participated in the ribbon-cutting ceremony of the Huaqiang-Huaqiang joint venture TV factory for more than two years. And the biggest pusher behind it. It is the owner of this Guangdong restaurant and Li Xuan's buddy. Lin Yuhao, the boss of Feihong Properties. Li Xuan's college roommate has been working in the Deep Sea Special Zone for years. As a typical representative of patriotic Hong Kong businessmen, he was also added as a member of the Eastern Guangdong Provincial Committee of the Chinese People's Political Consultative Conference last year.

The development of the deep-sea special zone is getting hotter and hotter, and urban development is definitely a big piece of fat, so it has attracted more and more forces to come in and grab food. Among them are not only the Guojiang Long from Hong Kong, but also the airborne princes from the province and even the Beijing-Beijing belt.

Seeing that the competition for land in the urban area became more and more intense, Lin Yuhao simply took the lead to start the strategic shift. With his relationship with Li Xuan, he has a very good understanding of the investment direction of Dongfang Group in Shenhai City, so he was very optimistic about the huge potential of Xinnan Town, and he was determined to promote it to develop into a commercial sub-center in the eastern part of the special zone.

So as early as two or three years ago, Lin Yuhao brought Li Xuan's eldest brother Li Ke into the game again, and the two began to cooperate in large-scale commercial development in Xinnan Town. Yuehai Restaurant is actually located in a fifteen-story commercial building. The name of this commercial building is Feihong Center. Next to it is another building, the Kunpeng Center, which is also on the fifteenth floor.

The two connected twin buildings, named after the two real estate companies, are the most famous commercial landmarks in Xinnan Town. The ten floors above the two commercial buildings are all office buildings.

On the bottom five floors, there are large supermarkets, dance halls, ice skating rinks, cafes, restaurants and other places, which have become the most fashionable places to eat, drink and play in the entire Xinnan Town. They are also surrounded by commercial buildings such as hotels, department stores, and clothing markets, which together constitute the core business district of Xinnan Town.

When Lin Yuhao and Li Ke formed a group to acquire land in Xinnan Town, Xinnan Town was only a two-street town, and the land price was so cheap. But now with the rapid development of Nanhu New District, it has driven the development of the entire Nanhu District next to it.

In the east of Deep Sea City, it began to go hand in hand with the city center in the west. And the land price in Xinnan Town has quadrupled or quadrupled in just two or three years. Lin Yuhao increased his net worth by more than 100 million just by storing a lot of land in advance.

This is largely due to the economic dividends brought by the Oriental Group's layout in the Nanhu New District. So Lin Yuhao deliberately called Immediately in to play together. One of them is Li Xuan's good friend and the other is Li Xuan's brother, so the Oriental Group will naturally fully support their development of Xinnan Town.

Dongfang Commercial Company chose Guangdong Restaurant for a large number of its own banquets. Under the demonstration effect of Dongfang Commercial, a large number of other companies that have cooperated with it have also chosen the Guangdong Restaurant for their business banquets, so that it quickly became famous.

In fact, Liu Chang's Chaojiang Spring Restaurant is a successful imitation of the rise of Yuehai Restaurant. Because Liu Chang previously worked in Oriental Commercial, he also knows the background of Yuehai Restaurant very well. After analyzing the reasons for its success, we decided to open a mid-range Chaojiangchun restaurant!

"Hello, can I sit here?" A capable man with a smile on his face, standing opposite Li Xuan, asked.

"Please feel free!" Li Xuan nodded to the other party, indicating that there was no problem.

"My surname is Wang, and my name is a real word! I really didn't hear your accent just now. I don't know where Mr. is from?" The man took the initiative to chat.

As soon as Li Xuan saw the face in front of him, he felt very familiar. After listening to him take the initiative to announce his name, he suddenly realized that this face overlapped with the famous person in his memory.

"My surname is Li, and I have a single name, Xuan, from Hong Kong!" Li Xuan also introduced himself.

"Mr. Li turned out to be a distinguished guest from Hong Kong. Your name sounds familiar!" Wang Shi said with a frown.

"Hehe, maybe it's because he has the same name as Li Sheng, the richest man in the world. Mr. Wang should have heard it mentioned before!" Li Xuan said with great interest.

"Yes, you have seen this pig brain, you really have the same name as Li, the God of Wealth!" Wang Shi patted his head and said.

Whether in Hong Kong or the deep-sea special zone across the river, Li Xuan's name has long been a household name. But most of the people in the country actually only heard his name and didn't know him, and there were only a handful of people who had actually seen Li Xuan!

In particular, Li Xuan has become more and more low-key in recent years, and there are very few positive photos of him in the Hong Kong media, let alone in the mainland. Therefore, Wang Shi was completely excusable for not knowing him.

"Which line does Mr. Wang do?" Li Xuan asked very interestingly. He didn't know whether the famous Vanke Company in later generations was established now.

"I'm now in charge of a foreign trade company that imports scientific and educational equipment. This is my business card!" Wang Shi took out a business card holder from the inner pocket of his suit, took out a business card and handed it to Li Xuan, "Of course, the actual In addition to pornography, gambling, drugs, and military-fire, we do everything that makes money!"

Li Xuan took the other party's business card and looked at it. The words "General Manager of Shenhai Modern Scientific and Educational Instrument Exhibition Center" were printed on it, and there were also the words "SDG Group" in the brackets below.

The full name of SDG is the Special Economic Zone Development Group. It is one of the earliest state-owned enterprises established in the Deep Sea Special Economic Zone. And this Shenhai City Modern Scientific and Educational Instrument Exhibition and Sales Center, it is estimated that it should be the predecessor of Vanke. Therefore, Vanke is actually a state-owned enterprise with roots of Hongmiaozheng. And Vanke really turned its attention to real estate, it should be something in the 1990s.

"Orders for scientific and educational equipment are given priority~www.readwn.com~ On the contrary, the business of video game arcades has been very hot recently. Our company's biggest business now is to import arcade game boards from Hong Kong, and then assemble them into arcade machines for sale!" Wang Shi said with a smile .

"Haha!" Li Xuan couldn't help laughing. Video game consoles are definitely one of the things that teachers hate the most. This should be the butterfly effect brought about by himself. Who would have thought that Wang Shi also sold game consoles.

"Where did you get the goods? Did you get it directly from Dongfang Game Company?" Li Xuan asked with great interest.

"No, most of the arcade boards from Dongyou Company are only exported to the European and American markets! Although these arcade boards we imported are also games from Dongyou Company, they are actually imitation boards from other companies, so the price is cheaper!" Wang Shi shook his head and said.

Uh! Li Xuan imagined that the future real estate tycoon would be drunk when talking about pirated game boards in front of his own master. However, even for early arcade boards such as "Tank Wars", after many price cuts by Dongfang Game Company, the wholesale price of genuine game motherboards is still as high as 3,000 Hong Kong dollars. And the pirated arcade boards from other companies' houses are only priced at 2,000 Hong Kong dollars! (To be continued.)