The birth of the Hong Kong Island family

On the morning of September 19, Lin Zhichao was sitting on the sofa in the living room, reading the day's newspaper. When he saw a piece of news, he couldn't help shouting: "Okay, okay!"

It turns out that yesterday the London government announced that the pound devalued by 30.5%, and the exchange rate against the US dollar dropped from 1 pound to 4.03 US dollars to 2.80 US dollars.

Since the Hong Kong dollar and the pound have a fixed exchange rate: 1 pound is equal to 16 Hong Kong dollars, the current exchange rate between the US dollar and the Hong Kong dollar becomes: 1 US dollar is equal to 5.71 Hong Kong dollars.

With this wave of operations, Lin Zhichao made a lot of money!

First of all, the US$1.71 million on Changjiang Real Estate's account can now be exchanged for HK$9.747 million (excluding commission).

Secondly, the US$760,000 on Yangtze River Holdings' account can now be exchanged for US$4.332 million (excluding commission).

Based on the calculation that one US dollar can make a profit of 1.5 Hong Kong dollars, Lin Zhichao easily made a profit of 3.7 million Hong Kong dollars. It is much more cost-effective than speculating in gold or buying real estate.

On the other hand, land prices in Xiangjiang have begun to fall since August, and everyone feels a vague sense of danger. But the real plunge will only come in October, and that moment will make people despair.

Therefore, Lin Zhichao must seize the opportunity and purchase some land to reserve. Land and properties are like a foundation that can make people feel at ease. This is what Lin Zhichao thinks.

After a while, Tang Caiyun walked out of the bedroom. Her postpartum recovery had achieved great results, and she was now an attractive young woman.

"I heard what you said just now, is there any good news?" Tang Caiyun sat next to Lin Zhichao and asked curiously.

On the other side, Wu Wenying also walked out with Lin Ruihuan in her arms, casting a curious look. Even Lin Xiner ran out and came closer to inquire.

"London government announces a 30.5% depreciation of the pound"

Tang Caiyun read the newspaper and then said: "So the Hong Kong dollar has also depreciated by 30.5%. What kind of good news is this? Prices have risen so much recently. If the Hong Kong dollar depreciates, wouldn't everyone's life be more difficult?"

Lin Zhichao smiled and said: "Because I changed all the money into US dollars, do you think it is good news? As for what you said, this is the historical trend and no one can change it."

Tang Caiyun immediately said with admiration: "Do you know that the value is going to depreciate? By the way, if you ask my dad to exchange U.S. dollars, I'm afraid he will be very happy."

Lin Zhichao shook his head and said: "I didn't know that devaluation was going to happen at this time. It was just a gamble, because after World War II, the pound could no longer be maintained. It has been delayed for so many years. This is bound to happen."

After a while, Tang Zhongyuan knocked on the door with a newspaper and his expression was very happy when he came in.

"Zhichao, have you seen the newspaper?"

"Father-in-law, we are also talking about this! By the way, did you exchange tens of thousands of dollars?"

Tang Zhongyuan walked towards his grandson and replied happily: "Not much, just 70,000 US dollars. If you convert it into Hong Kong dollars, you can earn 100,000 Hong Kong dollars." After saying that, he looked at his grandson a few times and he was very happy.

This grandson is extraordinary and a symbol of his daughter's status. Lin Zhichao is very capable, so his daughter must have some foundation, and the eldest son is the biggest foundation. At the same time, his daughter's status in the Lin family is also related to the closeness between the Lin family and the Tang family.

Of course, Tang Zhongyuan still didn't quite understand. The reason why Lin Zhichao supported the Tang family so much and even gave instructions on exchanging U.S. dollars was because he obviously wanted his other daughter, Tang Caiying.

Tang Caiyun was immediately happy for her natal family and made a joke to her father: "Dad, it seems you can really buy a single-family house in Mid-Levels for Mom next year."

Tang Zhongyuan said: "Buying is not a problem! But now people outside are panicked." After saying that, he looked at Lin Zhichao, his son-in-law had some ideas.

Lin Zhichao said seriously: "Don't worry, I bought a boat and can leave at any time! Father-in-law is relieved."

Tang Zhongyuan nodded and said, "Indeed!"

The rich and famous people who fled to Hong Kong from Jiangsu, Zhejiang and Shanghai all have two ideas:

First, use Hong Kong as a springboard to immigrate to Europe and the United States.

Second, continue to stay in Hong Kong and look north to China.

If the rich people with the first idea really immigrate to Europe and the United States, it will be equivalent to retirement. It is impossible to make a career in Europe and the United States, at least it is difficult in this era. There are many celebrities who think this way, such as Zhang Ailing, who has been waiting in Hong Kong for the opportunity to immigrate to the United States; there are also some warlords, many of whom are preparing to go overseas to work as gents (generally referring to bureaucrats who have lost power and live in other countries or other countries). )

Rich people with the second idea are not willing to let this go for the rest of their lives. They naturally take root in Hong Kong and start a career. If the situation there gets better, they still want to go back and develop.

If Lin Zhichao had a cleaner background, he would have gone back to building the country long ago. But his grandfather was a civil servant, and his father's generation was also rich, and he was a small landowner in the countryside, so the first thing Lin Zhichao did was to come to Hong Kong.

Let’s wait until 30 years later when he has greater ability to build the motherland.

Tang Zhongyuan came and left just as quickly. He soon returned to his home for breakfast and felt much more relaxed. The son-in-law had a boat and had ideas, so he felt relieved.

In the morning, good luck and good luck.

Huang Tinggui handed a newspaper to Li Gaofu and said: "Brother Gaofu, the pound has announced a 30.5% devaluation!"

Li Gaofu nodded and said, "I saw it this morning too!"

Huang Tinggui suddenly said anxiously: "But the contract we signed with Lin Sheng is that we need to spend 100,000 US dollars a year to buy 50% of the cargo ship 'Oriental Trader' in his hands. In other words, we need to take out the cargo ship in May next year. More than 560,000 Hong Kong dollars. But according to the current profitability of 'Oriental Traders', we will be allocated up to 250,000 Hong Kong dollars in May next year, and Fuhehang only has 250,000 Hong Kong dollars in its account now, which means that our money is not enough!"

After the two became partners, they each took away 20,000 yuan in profits to use for family expenses.

Li Gaofu said with a smile: "Brother Tinggui, don't worry! At that time, the ship will be ours, and we will earn it slowly. If there is no pressure, there will be no motivation! Now we prepare more, and we can earn some more from the trade in the past six months, and the money for the ship will be enough." Make enough money. Taking a step back, if we can't come up with the money, Lin Sheng will allow us to pay it in installments."

Huang Tinggui breathed a sigh of relief, and said: "You are right. After all, the ship is owned by Fuhe Line. It is equivalent to a huge asset and can make money at any time. However, the current trade in the Mainland is not easy to do, and the war is fast. The attack has reached Yangcheng."

Li Gaofu said: "Wait, it should be unified soon. At that time, there will always be business. I think there will be one at the end of the year, so we will make more preparations recently."

"good!"

Only now did Li Gaofu feel relaxed. He and Huang Tinggui got along better. Although the four of them had a tacit understanding before, he had a better relationship with Huang Tinggui in private. In fact, he also understood that Li Fubing and Yang Zhiqiang had always been a little grudge because of their small shares.

Bank of East Asia.

After Jian Dongpu saw the newspaper, he immediately calculated on the abacus.

"This kid made more than 1.2 million Hong Kong dollars in just one move!"

"No! Since he exchanged US dollars on purpose, Changjiang Real Estate also has a lot of US dollars, probably millions of dollars. This is a profit of more than 1.6 million."

"This, making money is too fast! Just bet on the depreciation of the pound, and he made nearly 3 million?"

Jian Dongpu is quite familiar with Lin Zhichao's wealth, because at the beginning, it was all thanks to the loan from the Bank of East Asia that it developed so rapidly.

For a while, Jian Dongpu admired Lin Zhichao's financial prosperity.

At the same time, he also understood that Lin Zhichao's net worth was probably tens of millions of Hong Kong dollars, which was simply unbelievable.

A young man in his early 20s, in just three years, "made from scratch" created tens of millions of wealth.

"This son will definitely become the leader of the Chinese in Hong Kong in the future! The second Ho Tung!"

Jian Dongpu sighed.

In his opinion, Lin Zhichao is very good at interpersonal relationships, which shows that Lin Zhichao is not only a person who can make money; 'Jazz'.

Moreover, Lin Zhichao now wants to enter the shipping industry, which itself is an industry with high influence;

Coupled with industry, the social status will be even higher.

"Continue to support! The Bank of East Asia will also have another backer in the future!"

The so-called continued support is only industrial loans or real estate loans. Jian Dongpu still decided not to give shipping loans.

"The asset value of shipping loans is too concentrated, and there are countless risks at sea. Hong Kong bankers will not choose to grant loans." Jian Dongpu muttered.

As everyone knows, Lin Zhichao didn't even think about the Bank of East Asia because of his lack of strength.

To be honest, if Lin Zhichao didn't want to get on the line of HSBC, he would have already opened a bank; taking the money from depositors to invest in his own business, he only needs to return to normal before the 1960s.

Because the bank run incident was the cumulative result of overheated investment in the 1950s.

In the morning, Lin Zhichao came to Cheung Kong Industrial, and today happened to be the time for the company's high-level meeting.

Deputy General Manager Wang Liang, Sun Tao from the R\u0026D Department, Hu Chengdong from the Marketing Department, Guo Xinxin from the Finance Department, Bao Chunlai from the Xingdao Branch, and other high-level executives are already waiting for the boss in the spacious conference room.

When Lin Zhichao walked into the meeting room, everyone looked sideways and said hello: "Good morning, boss!"

"morning!"

Sitting on the seat, Lin Zhichao directly cut to the topic: "Manager Sun, this time you take two people to Germany, order ten rice arranging machines and three slider punching machines, and the delivery address is Changjiang Industrial, Wukit Road, Sing Tao; then, You guys will inspect it there for a week, and I’ll tell the people at Bourne Machinery.”

After Yangtze River Industrial Group grows, these expenses can become more generous.

Sun Tao said quickly: "Okay, I will prepare to travel as soon as possible and cherish this opportunity."

In his view, Cheung Kong Industries has unlimited prospects. Its products have high technological content and high added value, which is far beyond what Hong Kong's textile and garment industries can compare with. Of course, because of this, it is almost impossible to have a second zipper factory in Hong Kong.

Lin Zhichao nodded, and then said to Bao Chunlai: "Manager Bao, are there any production problems at the Xingdao factory?"

In the past year, Bao Chunlai fell from the peak to the trough, and climbed to the peak from the trough, which can be described as ups and downs; now as a senior executive of Cheung Kong, his monthly salary has also risen to 300 Hong Kong dollars per month, not to mention the year-end bonus, so the debt is no longer counted what.

He said enthusiastically: "As long as we bring a batch of technical workers over, we can start production immediately. We are fully prepared for all conditions."

The factory has been built, procedures have been completed, transportation channels, material imports, etc. have all been prepared.

Lin Zhichao then said: "Go and try and see if you can make an appointment with Mr. Li Guangqian for me. I want to pay him a visit!"

Li Guangqian was the son-in-law of Mr. Jimei and the second generation leader of the Nanyang Chinese. The first generation was naturally Mr. Jimei. He was also the rubber king of Nanyang and the founder of Overseas Chinese Bank.

If you can get to know him, it will be easier to open a factory in Xingdao. The main reason is that Lee Kong Chian is a banker, and Lin Zhichao first established a good relationship with Oversea-Chinese Banking Corporation.

As for whether they can meet in person, there is no problem in theory. After all, Lin Zhichao is also an industrial tycoon, the Zipper King, so he can always meet in person after a few appointments.

Bao Chunlai understood that the boss wanted to get involved in Sing Tao. After all, in addition to managing Zipper Industry's business in Sing Tao, he was also inquiring about the Orchard Road land for the boss.

"Okay, I understand, I will get it as soon as possible!"

"Well, in Mr. Li's time, I can fly over to visit at any time."

It is still necessary to give enough face, Lin Zhichao is still just a junior, and the two are not from the same hometown.

The only advantage is that Hong Kong and Sing Tao are currently ruled by the British, and the laws are the same. Therefore, if Lin Zhichao opened a factory in Xingdao, there would be no obstacles.

But if Lin Zhichao wants to get involved in Sing Tao real estate and business, he must get to know these big guys, especially Singapore's No. 1, who should still be a lawyer at this time.

Lin Zhichao knew that he didn't like entrepreneurs very much, but in fact, others just didn't like entrepreneurs who speculated on assets. If they were industrialists, others would still welcome them.

Therefore, if Lin Zhichao develops his career in Sing Tao, he must develop both industry and real estate, and give him enough help at critical moments.

The tycoons in Southeast Asia all have one characteristic, and that is the network of political figures. For example, Lin Shaoliang called the Indonesian criminal "Leading Show" and knew him before he became rich. Although Xingdao is better, he is inevitably involved.

Next, Lin Zhichao said: "This time the Sing Tao factory is put into production, I attach great importance to it. Hong Kong must send elite troops and strong generals to operate it quickly and normally. After that, orders from Europe and the United States will be gradually transferred to the Sing Tao factory, and orders from the United States will be transferred to the Sing Tao factory." To hand over all of them, part of the European orders can be reserved for Hong Kong. As for the Hong Kong factory, six old-fashioned machines are ready to be put into the warehouse.”

Wang Liang nodded and said, "Okay, I will coordinate these tasks."

Although everyone didn't understand why the boss had to let Xingdao factory take half of the orders, they still carried out without hesitation. Because decisions at this level are no longer up to the management.

After arranging everything, Lin Zhichao relaxed.

Relying on the advantages of quality and price, Cheung Kong has indeed managed to occupy many markets in a short period of time. Of course, the competition has just begun, and Lin Zhichao has been seeking to increase the strength of Cheung Kong.

At the end of the meeting, the financial manager Guo Xin came to Lin Zhichao's office.

Lin Zhichao asked directly: "How much money can I have in the account at the end of the year? I will make other investments!"

Guo Xinxin's admiration for the boss at this time is beyond words. Cheung Kong's speculation in US dollars has made millions of Hong Kong dollars in profits, and it is simply a god-like existence.

"According to the current profit level, from September to the end of the year, a profit of 1.5 million can be obtained. Adding to the 4.3 million Hong Kong dollars (760,000 US dollars) on the account, there will be a full 5.8 million in funds. However, the purchase of machines and Star Island To start construction, it will cost about 1.2 million; plus a debt of 1.7 million from the Bank of East Asia that has to be repaid in principal and interest. Therefore, the boss can use 3 million Hong Kong dollars in funds without affecting the development of Cheung Kong Industries."

Lin Zhichao nodded and said with satisfaction: "In other words, the money for the machine and the 1.5 million loan and interest will cost almost 2.9 million. Although there is no one-time expenditure, it has been left in the company's account. Right?"

Guo Xinxin nodded and said: "Yes, it is not easy to use this money for other investments, just to be safer."

Three million can be used, which is already a lot.

As for the debt of HK$1.5 million, it will be repaid in August next year.

Not only that, Lin Zhichao will also borrow 1.5 million from the Bank of East Asia next year to purchase raw materials. He is not sure whether he can purchase aluminum alloy from the United States through Sing Tao's registered company, so he will prepare enough materials in advance. At the same time, import substitution will be sought in Europe.

Hong Kong is blocked, so importing from Sing Tao may be feasible, but Lin Zhichao doesn't dare to gamble.

At the same time, Cheung Kong's monthly profit has been approaching 400,000 Hong Kong dollars, so Lin Zhichao is confident in borrowing money.

"Let's just arrange it like this for the time being. I'll be withdrawing funds at the end of the year!"

"Okay, then I'll get busy!"

"Um"

The funds withdrawn were originally intended to purchase land at Orchard Road, Sing Tao, but according to the current situation, this matter is not the first priority.

Therefore, the 3 million Hong Kong dollars withdrawn can be used to buy a 10,000-ton cargo ship. The first factor is to make money.

By the second half of next year, I will be able to draw out more funds to buy land on Orchard Road. I will buy it slowly. Now there is no one to compete with him.

There is a risk that must be taken when investing in land in Xingdao: if the government plans the use of this area, then the owner of the land must implement the government plan. Because Star Island is so small, every plan has been approved by the government for many years. The final resolution is reached and businessmen cannot be allowed to refute it.

Because of this, many owners of land can only sell it to real estate companies. But this risk does not exist for Lin Zhichao, because he himself is a powerful real estate developer.

After some arrangements, Yangtze River Industrial once again developed in an orderly and rapid manner. There is no upper limit for manufacturing industry. Because of this, there is no upper limit for investment. This is why some manufacturing industries eventually went bankrupt.

Cheung Kong Holdings will be quite stable in the next three years, but if it wants to make a breakthrough, it must continue to invest money.

Next, it’s time for him to prepare for ‘Global Shipping’ and ‘Global Maritime Vocational College’.

Lin Zhichao's plan to do shipping is to use "Global Shipping" as a group company, and then each ship will be a separate company and its finance will be handled separately. The advantage of this is that he can know the financial status of each ship at the first time.

At the same time, the 'Global Maritime Vocational College' will be located in the factory of Cheung Kong Holdings, hiring professional navigation talents and ship repair talents to give lectures; and continuously providing positions such as seamen and repairmen for Global Shipping, which can also be regarded as providing Hong Kong with Maritime talent.

In this way, Lin Zhichao's status will be virtually improved in the shipping industry.