April begins.
In the morning, Lin Zhichao arrived at the Yangtze River Bank and went straight to the office area on the second floor.
Lee Shau Kee had arrived earlier and greeted: "Good morning, boss!"
Lin Zhichao responded with a smile: "Good morning, Siu Kee!"
Lin Zhichao is also quite proud of being able to win over the "Asian Stock God" of the four major families in the future. As long as Lee Shau Kee is here, he does not need to worry too much about "speculating in gold". Moreover, Lin Zhichao believes that Lee Shau Kee can bring him a lot of profits.
Next, the two of them sat at a desk, with an accountant next door.
"Shau Kee, you need to cash out 500,000 Hong Kong dollars worth of gold from the gold and silver trading market for me in the first half of April. You will be in charge of the specific operational details."
Lee Shau Kee nodded seriously. He is very motivated now. In addition to generous commissions (6% profit from the later 500,000 investment project), he can also participate in gold trading at the Hong Kong Gold and Silver Exchange.
You know, originally he could only place orders and trade on Bonham East Street, which was just a small matter.
"Don't worry, boss, I will reduce costs as much as possible within the specified time."
Lin Zhichan was very relieved about Li Shauji. After all, others were also involved in the gold trade in his previous life and made a lot of profits. Although I don’t know how much it was, it must have been tens of thousands of Hong Kong dollars, otherwise he wouldn’t have been able to open a hardware factory during the Peninsular War.
Based on this information, Lin Zhichao knew that Li Shauji would definitely be able to create greater profits in gold trading.
But he himself needed to instill the information he knew into Lee Shau Kee for his reference.
Therefore, Lin Zhichao said: "Well, when I get the gold or bills (that is, the cost price remains unchanged), I will officially hand you 500,000 Hong Kong dollars of 'gold speculation funds'. This part belongs to your operating funds. I can be sure I’m telling you, gold in mainland China will rise sharply in May because the fiat currency can no longer hold up and will collapse.”
Although Li Shauji was a little surprised by Lin Zhichao's far-sightedness, he had no doubts because Lin Zhichao had said that operations should be based on his big information.
"Ok, I see!"
Lin Zhichao also warned: "In this round of gold war, the black and white sides are Cantonese businessmen and Shanghai businessmen respectively. Among them, the Cantonese businessmen are taking the limelight with Hang Seng Bank and Chaozhou merchants. The strength of Hang Seng Bank can definitely influence Hong Kong. The level of gold and silver trading. If you remember these, you can fish in troubled waters in this battle."
Lee Shau-kee was convinced in his heart and said: "So the boss asked Ah Jin and Ah Shan to keep an eye on these key member units at the gold and silver trading center, and then summarize the information and give it to me, and I will make the decision."
Lin Zhichao smiled and said, "That's right! In this gold speculation, we are a group. If I make more money, you will also have a higher commission, so I hope everyone will cooperate well."
Everyone else is subject to a profit commission of 0.5%, which is settled once a quarter.
"Okay, boss!" Li Zhaoji admired Lin Zhichao's strategies and arrangements. He even admired Lin Zhichao for believing in himself so easily, because he felt that he would not lose in gold speculation.
In fact, Lin Zhichao also had reservations about Lee Shau Kee. At least he would not tell him when to withdraw and make a profit.
This is the key to Lin Zhichao's victory. For example, in a bull market, most people make money, but when the stock market crash comes, those who made profits may spit out all their profits. And Lin Zhichao is equivalent to knowing when the stock market crash will come.
After chatting with Lee Shau Kee for a while, Lin Zhichao left the Yangtze River Bank. He would not waste his time speculating in gold.
After all, his current focus is still on real estate and zipper manufacturing. In particular, he urgently needed to find a direction for the transformation of automatic zipper machines and automatic slider punching machines, and then went to Germany to seek cooperation.
When Lin Zhichao left, Li Shauji became serious. He thinks, what is the most he can earn by making small fortunes with money?
If he uses his boss's 500,000 Hong Kong dollars to earn 1 million Hong Kong dollars, then he will have a share of 60,000 Hong Kong dollars, which is obviously more suitable for him to establish a foothold in Hong Kong.
Moreover, he likes the feeling of big in and big out, because the capital of 500,000 Hong Kong dollars can be doubled or tripled for operations. As long as you don't want physical gold, you can trade non-physically like stock trading, which is even more exciting than stock trading.
In fact, one thing that Lee Shau Kee did not confess to Lin Zhichao was that he also had some 'sources of gold information' - he could learn about the situation of gold imports in Australia from his brother and Uncle Shi.
.......
Wing Lok Street, Central.
Today is the day when 'Liu Chong Hing Bank' was upgraded to 'Liao Chong Hing Savings Bank' and opened on Wing Lok Street in Central.
Lin Zhichao was also invited. Although he was not a Chaozhou businessman, he was at least a Cantonese businessman, not to mention being friends with Liao Baoshan.
Liao Chuangxing Savings Bank was the first bank solely owned by a Chaoshan merchant. Chaoshan merchants have always had a fine tradition of helping each other.
Therefore, Liao Baoshan's idea was to absorb the funds of these Chaoshan businessmen. Of course, the shrewd and cautious Chaoshan businessmen will not put all their funds into Liao Baoshan's "pants pocket". What they trust more is the established banks with good reputation and strong strength.
"Congratulations, Liao Sheng's bank has opened, and there will be a lot of money." Lin Zhichao's arrival attracted the attention of a group of Chaoshan businessmen.
When it comes to prominent figures, both those from Chaoshan and Shunde are currently represented, but it is obvious that Lin Zhichao is more popular and has reached the point where he is at the top of a certain industry.
"Haha, thank you Lin Sheng for your congratulations. Come, let me introduce some friends to you... This is the Thai banker Chen Bichen... This is Chen Weinan, the president of our Chaoshan Chamber of Commerce..."
Lin Zhichao greeted everyone one by one, and no one looked down upon Lin Zhichao's youth. After all, Lin Zhichao has the support of the Bank of East Asia and the respect of Sir Robert Ho Tung. In addition, he has the Shunde Chamber of Commerce behind him, so his strength cannot be underestimated.
Next, people from all walks of life congratulated the opening of Liao Chuang Hing Savings Bank, which was much grander than the opening of Lin Zhichao's Yangtze River Bank.
In terms of overall strength, Chaoshan businessmen are much more powerful, and the same is true around the world.
After the opening ceremony, Liao Baoshan also held a simple cocktail reception, which could be described as grand.
"Lin Sheng, the Yangtze River Silver has attracted a lot of customers in the gold and silver trade market recently. It can be said that it has become a blockbuster without even making a sound!" Liao Baoshan came up with a wine glass.
Lin Zhichao clinked glasses with him, and then said: "Brother, I dare to say that I am a blockbuster in front of you. I am really ashamed of myself. The Yangtze River Bank just plans to buy some gold for long-term investment."
In the gold and silver trading market, assuming that Yangtze River Silver buys 1,000 taels (10 lots) at '330 Hong Kong dollars per tael', the seller does not need to pay the gold immediately (for the same reason, there is no need to pay), and it will be official after three days. Settlement; if during this period, the seller buys back 10 lots of gold from other places, then the trading time for 'A and C' begins, and it is another three days.
What goes around comes around.
Of course, during this period, gold merchants can choose to pay gold to cash out, and the transaction can be actually executed.
But no matter how things come around again and again, the buying price of Yangtze River Bank is "330 Hong Kong dollars per tael", which can remain unchanged, as long as it does not sell during the period.
Liao Baoshan was stunned and said: "It's not speculation? But gold arbitrage?"
Lin Zhichao said with a smile: "This is my current plan. I plan to invest in the long term and make a little money."
Liao Baoshan did not continue talking. Instead, a businessman from Chaoshan started shouting: "Lin Sheng, you bought gold for 500,000 Hong Kong dollars. How much can you make if you don't trade? The key to gold speculation is 'speculation'. If you don’t speculate, you might as well use the money to buy land and build a building, and earn more!”
Someone else said: "Haha, that makes sense!"
Lin Zhi was not tempted by the temptation and said politely: "I have little ability, so I think a small profit will be enough."
Everyone laughed, feeling that Lin Zhichao, a famous businessman in Shunde, was not worthy of his name.
In fact, if Lin Zhichao had the time, energy, and capital, he would probably be the most outstanding person in the gold and silver trading field.
But he happens to be a "three-no", so he can only drink soup.
