Chapter 69 IKEA

"Mr. Li, we are the most professional law firm in Hong Kong that handles financial matters! Foreign exchange transactions require investment banks or securities companies!" After Zheng Sijing completed Yang Dazhong's entrustment, he learned that Li Weidong wanted to hire him, so he worked non-stop.

Come here, you have to serve such a big customer well. I didn't expect it to be such a requirement.

"However, Mr. Li, I studied finance in college and have also worked in an investment bank. I can introduce it to you!"

That day, Li Weidong met Zheng Sijing's senior Xu Yandeng in the cafe downstairs, who was wearing trousers, shirt and leather shoes in the summer.

"Mr. Li, this is my senior at university. He also took great care of me when I was an intern at Morgan Investment Bank. Mr. Xu came over immediately after hearing your request!" Zheng Sijing introduced the two of them.

Li Weidong was not moved. Such a big business attitude was not what it should have. I remember that in order to win a business, Li Weidong always ate, drank and played with him.

"Hello, Mr. Li, aren't you bullish on the pound either?" Xu Yanden was very curious about Li Weidong, such as where a mainland man could get so much money, and how he was not bullish on the pound and even wanted to bet against him.

"Mr. Xu, I just want to ask, if you buy and sell sterling put options, can Morgan do it?"

"I'm sorry, Mr. Li, I'm just curious. Morgan is the largest investment bank in the United States and the largest investment bank in Hong Kong. You can rest assured, and we can provide you with a leverage of no more than thirty times!" Xu Yanden vowed.

said.

"Thirty times, oh, it means my money will be gone if it fluctuates by three points, right?"

"The theory is this, but Mr. Li, if you want to be short on the pound, we can gradually increase the position and keep a sufficient position, so as not to blow up the position!" Xu Yanden is a broker from Morgan Investment Bank and is qualified for futures trading.

Li Weidong has gained a lot of knowledge. Xu Yanden worked hard to encourage Li Weidong to open an account with Morgan, which is equivalent to giving Li Weidong a financial theory class. Li Weidong also feels that he should strengthen his study. Although he does not need to do it himself, these

I don’t understand anything, and I’m being played to death without even knowing what’s going on!

After sending Xu Yandeng away with a look of regret, Li Weidong and Zheng Sijing walked back to the hotel. In the end, Li Weidong did not give Xu Yandeng a word of affirmation.

"Mr. Li, this senior of mine is quite capable. Morgan Investment Bank has a very high international status. It is the largest investment bank in the United States and one of the best in the world!"

"Lawyer Zheng, does your firm also accept commissions such as company registration? I want to register a company in the Cayman Islands!" Li Weidong did not make any comment on Zheng Sijing's words.

"Okay, Mr. Li, as long as you sign a power of attorney, we can get it done soon!" Registering a company in the Cayman Islands is a natural tax haven. No one's money comes from strong winds, and there are reasonable tax avoidance

Method, you would be a fool not to use it.

Li Weidong said, naturally there are people to run errands for him. There is a great division of labor in society, and money is so willful. Therefore, intermediary is a good industry. There are naturally people who are willing to do the work that others are not willing to do.

"Mr. Li, you just need to sign this authorization. What is the name of the company?"

"Let's call it Peking Capital!" Li Weidong decided after thinking about it. Just call it a habit.

"There is a line in a Tang poem, a small worm shakes a big tree. Does Mr. Li's attempt to short the British pound also have this meaning? To shake the former world hegemon, Mr. Li is really a great talent!" Zheng Sijing said.

Li Weidong was surprised by Zheng Sijing's words. He did not expect that Hong Kong Islanders were so culturally rich, and not all of them only learned English.

After signing the entrustment contract, Li Weidong left Hong Kong Island and did not go directly to Qizhou. Now that Qizhou Airport has just been completed and opened to navigation, as for the direct flight to Hong Kong Island, we will wait.

There are still many things waiting for Li Weidong in Shanghai. The tens of millions of yuan in Shanghai, the small processing factory, and the hundreds of workers. Although the shareholder accounts have been transferred, these people are still Li Weidong's employees.

After arriving in Shanghai, I got off the plane and took a taxi back to the factory in the suburbs of Shanghai. At this time, the factory was still busy with work. The wages were high, the food was good, and the profits were good. How could there be such a good job?

Some of the household products designed by Li Weidong are extremely popular. Although many small workshops have begun to imitate them, they have not had much impact. The market is really too big and they have now been sold to central Jiangsu.

Li Weidong left behind a lot of things, many of which are products that will become Internet celebrities in later generations. Now we rely on novelty, but one day we will need to rely on quality.

Now Li Weidong's strategy is very correct. The first wave is the harvest period, occupy the market as soon as possible, and then improve the quality. Otherwise, you will not be able to defeat those imitators. You have to reduce the cost to the level that those imitators are unwilling to do.

"Inform everyone that there will be a meeting after dinner, and everyone must be present!" The person in charge here is Huo Rui, a person who doesn't seem to be too smart, but Li Weidong knows that this person has some level of ability, is meticulous in thinking, and does things in an orderly manner.

.

"Okay brother, after dinner, we will have literacy classes as you requested." Most of these people had never gone to school when they were children, so their literacy rate was very low. Li Weidong had been with them for several months and was still very interested in them.

learn.

In order to pass the time, I often take literacy classes in the evenings. The teachers are none other than these few who graduated from junior high school and high school. Although their knowledge is limited, they only teach Chinese characters, and they are still competent.

"Brothers, thank you for your recent contributions to the factory. Our products have been sold to many places and are already profitable. There should be greater profits in the future. Our products should not be limited to some metal products.

There are also some ceramics, bamboo products, and wooden products that should also be our main products. As long as they can be used at home, I think we should make them."

Li Weidong took a sip of herbal tea and continued.

"But the current scale is definitely not enough, so I decided to invest an additional five million, and there will be more funds if necessary in the future. In order to thank everyone, I will give you 10% of the equity!

"There should be applause here. Although Li Weidong didn't say anything, he heard screams after a slight pause.

Even Huo Rui next to him was stunned. This ten percent was half a million, so he gave it to him.

"Everyone, be quiet. Our products will be diversified and diversified in the future. There will be many branches and subsidiaries in the future. So everyone here, maybe one day you will all take the leadership position of factory director, so there are more

Study, don’t get to that day, it’s not because you can’t do anything else, but because your knowledge is not good enough!”

Li Weidong's words are over, and everyone is still having a heated discussion. Li Weidong invested money, and they obtained equity. If the factory's profits can be divided into dividends, then they will have dividends. This is additional income, and after hearing this,

They can also be factory directors.

"Brother, the factory is so big and it doesn't even have a name yet!" Huo Rui suddenly thought of a question.

"There is a sentence in the Book of Songs that when a son returns home, it is suitable for his family. Do you know what it means?"

"Brother, you are making things difficult for me. I have heard of the Book of Songs, but I don't know about this sentence!"

"If you want to be a factory director in the future, or even a big factory director, you must study more and call it IKEA!" Li Weidong naturally had no obligation to explain to him, but his bad taste was satisfied.

I have to say that this name is really wonderful. He doesn’t care how IKEA is named in the future.

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(End of chapter)

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