Hong Kong Movies: The Boss's Global Empire

Take Overseas Trust Bank as an example.

Obviously, Lu Wendong has already taken full control of the power, but in order to change the security company,

This also depends on the incident of Hang Lung's armored car being hijacked. This is the shackles of listed companies.

This is also the reason why Lu Wendong wanted to privatize Chinese Estates. Lu Wendong wanted Chen Taotao to show up more.

He immediately said, "Mr. Chen has some insights, so let's share them." Chen Taotao immediately said, "Chairman, fellow directors, this is what I mean."

"There are two main issues. One is the chairman's statement that banks should stick to their core business." "I believe there is great potential for individual residential mortgages going forward."

Chen Taotao immediately took out a document and distributed it to everyone: "Please take a look."

"In Hong Kong's personal residential mortgage market, the total amount of residential mortgage loans was only HK$86.52 billion in 79." "So far this year, the amount of residential mortgage loans has reached HK$350 billion."

Everyone nodded. "The annual growth rate exceeds 25%. The market size is indeed expanding."

Chen Taotao said, "Major banks have already lowered interest rates and increased the mortgage ratio to 9%." "Despite this, market confidence is still somewhat lacking."

Everyone asked, "Mr. Chen, what do you mean?" "We still need to make a breakthrough."

Chen Taotao said: "Residential mortgages will become the mainstay of banks, but we also need to encourage people to take out loans. I think we can increase the loan term from 20 to 25 years.

Don't look at the fact that it has only been improved for 5 years,

But it can greatly ease the pressure on homebuyers, because Hong Kong Island is not short of jobs.

As long as you want to do something,

You can always find a job. Another point,

Although housing prices in Hong Kong are rising,

But the wages in Hong Kong are also rising. For example, in 80,

The average salary in Hong Kong Island was only around 1,000 to 2,000, but now the average salary in Hong Kong has exceeded 3,000!

In theory,

The longer the loan term,

The more cost-effective it is for Hong Kong people!

Everyone was moved: "Another 5 years?"

They couldn't help but look at Lu Wendong. Although he only changed 20 to 25,

But this thing involves many aspects. "Okay."

Lu Wendong suddenly called his secretary and asked, "Is there a newspaper called Tiantian Daily on the market today?" Everyone was confused.

But they felt that the daily newspaper might be a variable, so they all looked at the secretary.

The secretary said hurriedly: "Yes, Chairman, I will bring it to you right away."

The secretary came over with a stack of newspapers. He was very smart.

I sent one to Lu Wendong first.

Then I immediately distributed a copy to all the directors present. Everyone took a look at it.

Suddenly, they exclaimed, "This..." They looked at each other.

It is pleasing to the eyes.

The Tiantian Daily is actually printed in full color.

And the title is quite eye-catching too.

Huang Shitong commented: "This newspaper is interesting, it feels like reading Entertainment Weekly." Lu Wendong smiled slightly.

He picked up the Daily News in his hand,

Then he compared it with the Oriental Daily that was already on the table.

One is full color, the other is black and white. In contrast,

No one paid any attention to the Oriental Daily. "What do you think?"

Everyone commented, "This Daily Newspaper is in full color, which makes it more visually striking and eye-catching." "It also seems more lifelike."

"Yes."

Lu Wendong put down the Oriental Daily,

He flicked the Daily Newspaper in his hand and said, "Since the advent of talkies, silent films have disappeared without a trace."

"After color television became available in Hong Kong, no one watched black and white TV anymore. These TVs were shipped to mainland China." Lu Wendong asked, "Why?"

Everyone suddenly became thoughtful.

Zhong Chaofa said happily, "I see. What the chairman means is that if we want to make a breakthrough, there must be change."

Huang Changzan looked at Zhong Chaofa with envy, "Little Zhong is so young,

This brain is turning fast,

He's always one step ahead of others in flattery. "That's right."

Lu Wendong said: "It's about change."

"There's no law that stipulates that mortgages can only be loaned for 20 years, right?" Everyone nodded.

"In the past, banks made their living by speculating in gold and charging fees, and they had no concept of mortgages at all. Why did they switch to providing housing mortgages?" In the 1950s,

In Hong Kong Island, mortgages for homes are provided by professional financial companies... Banks only joined in later, in 5.3.

“We must keep up with the times.”

"I think Mr. Chen's idea is very feasible." Huang Changzan finally got the chance.

He stroked his long beard.

Then he said with emotion: "The chairman's speech was profound and thought-provoking. It taught us a good lesson."

"I think it is possible."

Everyone applauded.

They thought to themselves,

Huang Changzan, this old bastard,

He doesn't spare any effort in flattering others. "Mr. Chen, please continue."

Chen Taotao coughed and said, "In that case, I'll make a plan when the time comes." "There's one more thing."

"Chairman, fellow directors, I've observed that mainland China's reform and opening-up are progressing very well, and many companies with high market capitalizations have emerged."

Lu Wendong's eyes suddenly lit up. He had not found the wrong person!

I didn't expect that Chen Taotao has already started to pay attention to opportunities in the mainland.

The next major opportunity will naturally come from the mainland.

Like the four great families in later generations,

It was because of the east wind from the mainland that he was able to become a big fat man in one go.

As a veteran, Lu Wendong naturally understood this, so he had previously asked Hutchison Whampoa and others to adjust their businesses and begin preparing to enter the mainland.

then,

Chen Taotao was also present.

The only difference is that at that time we were talking about real estate, while Chen Taotao is now talking about enterprises.

Huang Shitong quickly responded, "Mr. Chen, our bank doesn't have any business dealings with mainland China." "Furthermore, mainland China is very cautious about foreign banks entering the market..."

"Finance company!"

Chen Taotao smiled faintly and said, "I think mainland Chinese companies are very likely to list in Hong Kong." Everyone was shocked: "What? Mainland Chinese companies listing in Hong Kong?"

So far,

This is simply a fantasy!

Lu Wendong applauded: "Good, good, good!"

Shallow waters cannot support a true dragon! In a tiny place like Hong Kong Island, if there is no support,

How can so many large companies be nurtured?

Especially in Hong Kong, where the policy of free flow of foreign exchange is implemented, the West waits for hot money to make money and then leaves.

The ones who are really willing to stay here are the capital from the mainland and Southeast Asia.

After all, we are truly of the same blood! After the Sino-British agreement,.

Hong Kong's stock market and property market began to rise steadily.

Even the stock market crash of 87 failed to stop it. Why?

Hot money from the West, the Middle East and other places is one piece,

The most important thing is that hot money from the mainland has begun to flow into Hong Kong Island.

The most significant manifestation of this is that a large number of excellent state-owned enterprises from the mainland have started to be listed in Hong Kong Island! For example, China Telecom, Zhongtai, Lenovo, China Resources, Founder, Everbright, China Merchants, etc.

At that time, in order to facilitate these companies to list on Hong Kong Island, the Hong Kong Stock Exchange even specially created H shares!

Once these H shares are listed,

Then he was so angry that he couldn't stop fighting.

Ignite the market!

Lu Wendong was very pleased with Chen Taotao's foresight.

He felt that with Chen Taotao's help, he was like a tiger with wings.

Seeing that Chen Taotao's proposal made Lu Wendong so happy,

Others also fell into deep thought.

Huang Shitong said: "If you really put it that way, it is indeed a good thing that benefits both parties."

He said: "Last year, Kangli Investment ran into trouble, and it was Morun and Bank of China that took action. They injected 4.73 million yuan into Kangli Investment through capital injection and allotment of new shares."

All companies listed in Hong Kong,

None of his movements escaped Huang Shitong's keen eyes.

"It seems that my cousins ​​are taking action step by step." "That's right."

Chen Taotao said: "Mr. Huang is right."

"If they want to go global, mainland Chinese companies must definitely integrate with international standards."

"It's not easy to list on Wall Street or in London, but it's different in Hong Kong."

"Due to the 73 stock market crash, a large number of shell companies in Hong Kong have gone dormant, allowing Chinese companies to go public through backdoor listings." "This allows them to both go global and raise international funds."

Everyone nodded slowly.

They are experts among experts.

Naturally, I can understand what Chen Taotao said. Now that I hear this,

If Chinese capital wants to raise funds from abroad,

Hong Kong Island is indeed the most convenient route!

10 Thinking of this,

Everyone immediately understood why Lu Wendong wanted to set up an additional financial company. This was to underwrite the listing of companies from the mainland.

And Chen Taotao also realized this? "That's right."

Lu Wendong took over,

He smiled and said, "Westerners are accustomed to calling China the Sleeping Lion."

"Now, the lion has awakened and is promoting education and reforming the economy."

"This is a country with a population of over one hundred million and a vast territory, and its market potential is incalculable."

Lu Wendong gave an example: "Which foreign company in Hong Kong did not prosper because of the mainland?"

Everyone nodded,

That's right,

The reason why foreign companies such as Jardine Matheson were able to grow into giants was that

It is precisely because they have been doing exclusive business with the mainland with the support of the Hong Kong government that they have lost the mainland market.

Jardine Matheson and other foreign companies immediately became ineffective.

For example, Jardine Matheson's flagship company, Landmark Land, has always been

It dominates the Hong Kong real estate market.

At its peak, it was known as one of the world's three largest real estate companies.

Land has expanded.

It believes that its success is entirely due to the company's excellent management and the wise and capable board of directors!

Since the late 70s,

Hong Kong has been consciously expanding into Hong Kong Island and increasing its investment internationally.

The consequence is a huge debt! This problem is not just a problem for Jardine Matheson,

It can be said that the vast majority of companies in Hong Kong have this problem of acclimatization.

But are they foreign or Chinese companies?

When they are in Hong Kong, they are all very impressive, but once they go international,

Then all of them became sick chickens.

Why is Li Huanggua's 100 billion yuan orange sales frequently mentioned?

The truth is that few Hong Kong companies can make money when they go global.

"So we have to seize this opportunity even more."