Rebirth of the Hong Kong Tycoon Era

Chapter 246 [Haifeng Bank]

In the restaurant of the hotel, Lin Rongheng and Brigitte Lin enjoyed their meals at the sports meeting.

Lin Rongheng opened his mouth to take the steak that Brigitte Lin brought up, biting off the juicy sensation in his mouth, Brigitte Lin finished feeding her man, then cut off a small piece of steak, fed it to her mouth, chewed and swallowed slowly.

What a delicate woman!

Only a man like me who is handsome, wealthy, and capable can satisfy her lifelong pursuit.

"What do you see me doing?"

"It looks good, of course you have to see more!"

"Grumpy!"

After flirting, Lin Rongheng started the meal mode.

Compared with Lin Qingxia's slow chewing and swallowing, Lin Rongheng is much rougher and has a much bigger appetite.

After eating almost, Lin Rongheng said: "I'm going to do something tomorrow, you go together! The day after tomorrow we will go to Los Angeles to look at houses, and I will give you a villa in Los Angeles!"

Brigitte Lin showed joy on her face, and said intentionally: "Give me a villa again, why not stay with me for a few more days!"

Lin Rongheng said with a smile: "You can have both! I have to earn more for our future children!"

Lin Rongheng decides whether or not to have children, and when to have children. These women can only obey.

The next day, Lin Rongheng came to the west coast headquarters of Citibank to meet his old friend Moyock.

Moyock was transferred back to the United States from Hong Kong the year before last to work as an executive at Citibank in West Coast California.

When he came to Moyock's office, Lin Rongheng introduced Lin Qingxia who was beside him, saying that she was his girlfriend.

Moyock praised: "Miss Lin is very beautiful, and she matches Mr. Lin very well!"

Lin Qingxia said generously: "Thank you Mr. Moyock for your compliment!"

After being polite, Moyock first said: "Mr. Lin, I have arranged for a friend to accompany you to see the house in Los Angeles. I guarantee that you can buy the best property in Los Angeles this time!"

Lin Rongheng nodded. Before coming to the United States this time, Lin Rongheng called Moyock to ask if he had any contacts in this area;

It turned out that he happened to have a friend who was a real estate agent, so he took him to look at the property when the time came.

But Lin Rongheng naturally didn't come to him for such a trivial matter. After all, he also has a company in the United States, so he can also help him with this matter.

Lin Rongheng naturally put the wrist around Brigitte Lin's waist, making Lin Qingxia a little embarrassed, but don't refuse;

In fact, this is the usual communication situation between Lin Rongheng and Moyock. The two are considered good friends, after all, they have been through 'trouble' together.

"Moyock, you should have investigated the information on Haifeng Bank, right?"

"Well, I did some special work! Do you want to invest or acquire? If it is an acquisition, I advise Mr. Lin to own a bank in Hong Kong first, and then plan to develop overseas!"

Lin Rongheng said with a smile: "Of course I know! I am pure investment, but I need about 25% of the shares!"

Haifeng Bank is the sixth largest bank in New York State and the largest retail lending bank. Due to the economic recession of 6-1974, non-performing loans appeared and it was in trouble. The profit level of the bank dropped from 1975 million US dollars in 1973 to 4400 of $1976 million, the lowest return on capital among all U.S. banks.

Lin Rongheng also asked someone to investigate this company. The current market value of Haifeng Bank is only 2 million US dollars (about 12 billion Hong Kong dollars).

Moyock said: "So many shares? The board of directors and management of Haifeng Bank may not agree! The current stock price of Haifeng Bank is only 11 US dollars, and their company's net assets should be worth 30 US dollars per share. Even if you It is impossible to buy so many stocks from the stock market, and it will be considered a hostile takeover, which will be very troublesome at that time!"

Lin Rongheng naturally did not fight uncertain battles, and said confidently: "Suppose, I inject 1.5 million US dollars, and at 25 US dollars per share - a price close to the net assets, I get 25% additional new shares (the proportion after the additional issuance), In order to avoid the situation where the value of existing shareholders is diluted on a large scale. And I promise to respect the original culture of Haifeng Bank, only as a director, and will not be excessively involved in the operation of the company!"

Moyock was surprised. What his friend was doing, if it was an investment, he would have lost 60% of it before it even started.As for Lin Rongheng's financial strength, Moyock is not worried. Based on the Lin Rongheng he knows, his wealth may have already multiplied many times.

"Are you planning to invest for the long term?"

"Correct!"

Moyock finally said: "I will report to the New York headquarters immediately, and I don't know if it will succeed or not!"

Lin Rongheng said with a smile: "Citigroup is a big conglomerate in the United States, and it will definitely succeed."

Then the two discussed the loan. Lin Rongheng didn't plan to use his own cash to invest at all, but planned to borrow all of it and use his assets in Hong Kong as collateral.

And if Citigroup makes this business, they can not only get a commission, but also get a one-year loan of 1.5 million US dollars.

After lunch with Moyock, in the afternoon Lin Rongheng took Brigitte Lin to the US branch of Xiaomi Electronics in Silicon Valley. This company integrates sales and research and development, and has more than 50 American employees. It is also a large-scale company. company.

The current products of Xiaomi Electronics include semiconductors, Walkmans (tapes), ceiling fans, floor fans, and arcade machines, all of which are not highly technical products.

For example, the Walkman, although the concept was invented by Xiaomi Electronics and the first product launched, Sony launched its own Walkman only half a year later, but Sony had to pay a certain patent fee to Xiaomi Electronics.The sound quality of the tape player is poor, which is not attractive to some music enthusiasts, and most of the users are young people.

As for the CD player, first of all, the laser digital media CD has not yet been developed, and Sony and Philips are already conducting research and development. In three years, the two companies will formulate CD standards. The family pays the patent fee.

In three years, Lin Rongheng believed that if he spent 10 billion Hong Kong dollars and hired American engineers, physicists, and audio engineers, the patents might not necessarily belong to him in the end, and he wasted so much time in vain.

Therefore, the recent Xiaomi Electronics Walkman project team has no other development except to continue to improve the tape player.

On the contrary, Xiaomi Electronics has started to invest a lot in video games, and is now able to produce some 'inferior' arcade games, and has also accumulated a certain strength in video game consoles.

After returning to Hong Kong this time, Lin Rongheng planned to ask Xue Weiyi to set up a handheld game business department and a game watch business department. These are not high-tech, but there are certain difficulties if they want to be the best.

Under the leadership of James, the person in charge here, Lin Rongheng and Brigitte Lin inspected the company. After a brief inspection, the two left here. After all, Lin Rongheng did not understand technology.

On the way back, Brigitte Lin was full of little stars and said, "I didn't expect Xiaomi Electronics to be so powerful. The monthly global sales of Walkmans can reach 10 units, and there is also that arcade game console."

Lin Rongheng didn't expect Xiaomi Electronics to be world-class. He planned to make some second-rate products. He didn't have much ambition; as long as Xiaomi Electronics can accumulate strength for a long time, Lin Rongheng is also willing to subsidize this company all the time, and it can be done in the future. Bring some technology to the mainland.

Now that Lin Qingxia worships herself so much, Lin Rongheng seems to have been greatly touched.

Lin Rongheng said: "You are rarely interested in my career, why are you so interested in Xiaomi Electronics today?"

Brigitte Lin took Lin Rongheng's arm and said, "I'm not interested! I just think this kind of technology company is great. For example, after you gave me the Walkman, I often go to it. I feel very great."

Lin Rongheng finally sighed: "The high-tech industry has a large investment, a long return cycle, and great risks. I don't have much courage. I just have some spare money and plan to support such a company! But today's performance touched me. I think it is for the admiration of my woman that I have to work hard to build a great technology company and make this technology company the pride of our Chinese!"

Lin Qingxia was stunned, what did she do, because of her performance, will a great technology company emerge?
(End of this chapter)