MTL - Reborn Capital Tycoon-Chapter 65 too conservative

  Chapter 65 is too conservative

  Although Hang Seng Bank has become a little transparent in later generations, the reputation of Hang Seng Bank during this period is no worse than that of HSBC Standard Chartered.

  Especially after the listing of Hang Seng Bank, its market value has skyrocketed, surpassing HSBC for a time. In the eyes of many Xiangjiang people, Hang Seng Bank is the first bank with Chinese capital.

  British capital and Chinese capital have always been distinct in the boundary of Xiangjiang.

  Like many Chinese businessmen, Chen Yi did not think about going to HSBC for a loan now. HSBC, as a British-funded foreign bank, was as inclined to the British as Standard Chartered Bank before Shen Dapanwang took office.

   Borrowing from HSBC Bank does not have a certain strength, and it is not certain that it will be swallowed by the other party.

  No matter in any era, capitalists are greedy.

  During this period, if you speculate on others with the greatest malice, you will suffer a lot less. If you entrust your wealth and life to capitalists, then they will let you know what a greedy capitalist looks like.

  Chen Yi doesn't trust British foreign firms. Even if he does, he won't deal with British foreign firms until he has no strength to protect himself.

  Be careful sailing for ten thousand years, he has no extra capital to bear failure, so before making any decision, he needs to consider the consequences.

  After talking about the matter, Chen Yi checked the time and found that it was time for dinner, so he immediately invited, "Manager Chen, let's have a meal together later."

   Manager Chen did not refuse, nodded and smiled and said, "Okay, but don't bother going outside, let me taste the food from Dafeng Toy Factory."

  Chen Yi: "How embarrassing."

  Manager Chen: "It's nothing, I eat boxed lunches every day, sometimes I'm so busy at work that I don't even have to eat, and I have to go back later, it may be too late to go out to eat."

   Chen Yi saw that he didn't seem to be joking, so he turned his head and told Ma Qingqing: "Secretary Ma, go and see if the food in the cafeteria is ready. When it's ready, help me and Manager Chen get two meals."

   Behind Dafeng Toy Factory, there is a canteen made of iron sheets.

Since Chen Yi drove away all the relatives in that family, Chen's father and Chen's mother have been in charge of the kitchen. However, Chen's father and Chen's mother are not great chefs, and they can only know a few home-cooked dishes, so Chen Yi deliberately bought them from the outside. Two chefs were invited to be responsible for the food supply in the cafeteria.

  People are like iron and rice is like steel. From Chen Yi's point of view, whether a company is good or not, and whether it can keep its people, the focus is on the cafeteria.

   Eat well and feel good.

   I can’t eat well, and I still feel in the mood after a day.

   "Auntie, is the dish ready?"

   "The frying will be over soon, are you hungry?"

   "I'm a little hungry"

   Ma Qingqing took two dinner plates and went to the sink to wash them.

   "Can't Xiao Yi come out to eat?"

   "Which Manager Chen of Hang Seng Bank wants to taste the meals of our factory, the boss asked me to order two meals."

   "Do you want to fry a few more?"

   "Don't bother Auntie, Manager Chen is in a hurry."

Hang Seng Bank

General Manager's Office

   After returning from Dafeng Toy Factory, Manager Chen immediately came to the general manager's office to report to Li Guowei that Chen Yi wanted a loan.

  Different from the last time, with the current value of Dafeng Toys, a loan of more than one million is inevitable. Although he can handle this number as a business manager, Chen Yi is different from others.

  Combined with Chen Yi's tone of voice, it seemed that it was not as simple as wanting a loan of one or two million.

   In this way, Li Guowei, the general manager, needs to make up his mind. If something happens, he can't afford it as a business manager.

  After listening to what Manager Chen said, Li Guowei asked, "Manager Chen, based on the current situation of Dafeng Toy Factory, how much can we borrow?"

   Manager Chen said: "Based on the current sales volume of Rubik's Cube toys at Dafeng Toy Factory, it is conservatively estimated that we can borrow about two million Hong Kong dollars from our bank."

   Li Guowei frowned and said, "Why is it only two million Hong Kong dollars?"

  Manager Chen said: "The general manager is like this, now Dafeng Toy Factory's third-order Rubik's Cube sales have almost reached the peak, and then the sales of Dafeng Toy Factory's Rubik's Cube may decline...

  Unless Mr. Chen can sell Rubik's Cube toys abroad and expand the market share of Rubik's Cube toys, we will take a big risk. "

   Li Guowei nodded, and then asked: "Didn't you say that he still has many Rubik's Cube patents?"

   Manager Chen looked up at Li Guowei, and continued: "We need to wait for the specific situation of Dafeng Toy Factory's sales."

   "Too conservative," Li Guowei shook his head and said.

  He also pays attention to the Dafeng Toy Factory, and he has also learned about the toy market. He knows very well how much profit a popular toy can bring.

  Once Rubik's Cube toys become popular in Europe and the United States, the profits it can bring to Dafeng Toy Factory will be unimaginably huge.

  Since joining Hang Seng Bank in 1946, Li Guowei started from the bottom and climbed up the ranks. It was not until 1964 that he became the deputy general manager of Hang Seng Bank.

  The difference between the deputy general manager and the general manager is very big, one is far away from the core layer, and the other is directly into the core layer.

The reason why Li Guowei was able to enter the core class of Hang Seng Bank and serve as the general manager of Hang Seng Bank was mainly because in 1965, the Hongkong Banking industry encountered the strongest squeeze. Negotiated and reached an agreement to sell Hang Seng to HSBC, thereby avoiding the end of Hang Seng Bank's bankruptcy.

  In addition, in 1969, Li Guowei advocated the introduction of the Hang Seng Index to the outside world. Once the index was launched, it became a reference index for the performance of the Hong Kong stock market.

  These two things had a profound impact on Hang Seng Bank, and it was precisely because of these two things that Li Guowei became the first person under the five veterans of Hang Seng Bank in one fell swoop.

  The earliest five veterans of Hang Seng Bank were Lin Bingyan, He Shanheng, Liang Zhiwei, Sheng Chunlin and He Tim, and they founded Hang Seng Bank together.

  Now there are only two of the five veterans of Hang Seng Bank, the other three have passed away, and the remaining two are the chairman and vice chairman respectively.

   That is to say, Li Guowei, the general manager, is under two people and above ten thousand people, and has great autonomy in Hang Seng Bank.

   Seeing that Manager Chen was standing there silent, Li Guowei said, "Please help me to contact that Mr. Chen, I want to talk to him face to face."

   "General Manager, I have already made an appointment with Mr. Chen, and he should be here in the afternoon."

   "Well, when he arrives, you can take him directly to my office."

   "Okay, general manager" Manager Chen nodded.

  Li Guowei: "Hey, you have nothing to do."

  After Manager Chen went out, Li Guowei opened the drawer and took out a toy Rubik's Cube from it. From the day he got the Rubik's Cube toy, Li Guowei spent more than half a month without restoring the Rubik's Cube toy.

This is mainly because he didn't read the formula. Li Guowei couldn't help admiring this kind of IQ-burning toy. Sometimes he even wanted to crack Chen Yi's brain to see. See how long it really is.

  ——

  (end of this chapter)