Hong Kong Island: From a small stall to a global supplier
Chapter 548 Why do I feel like you guys are here to scam me?
Confidence is gold, therefore gold is confidence.
Overseas trusts have indeed had various problems in the past, changing hands several times in a few years, but these are not unchangeable. The simplest way is to let everyone see that overseas trusts are rich, very rich.
What could inspire more confidence than creating a gold mine exhibition in a hall for everyone to view?
Just thinking about it, Li Menghui could feel the excitement emanating from every cell in his body.
Damn, I'm so excited!
Taking a few deep breaths to calm his racing heart, Li Menghui asked nervously, "Boss, you know, there have been a lot of robberies in recent years. What I mean is, how do you ensure safety?"
"What are you talking about?" Wang Yaotang looked at Li Menghui speechlessly. "Are you kidding me? Who am I? I'm Wang Yaotang! What are you doing acting as a protector?"
"The stuff is right there. If anyone the hell dares to steal it, they won't even make it out of this street before I make sure it's torn to pieces!"
"Do you think all robbers are brainless?"
"Besides, it will definitely be covered with bulletproof glass. You can't even think about breaking it without an RPG."
"Alright, don't worry about these professional matters if you don't understand them. Go find the best goldsmith in Hong Kong. I don't care about so-called artistry. The design of the gold mine must conform to our Chinese traditions. Then choose a good location in the lobby, and I'll arrange for security upgrades." Wang Yaotang raised his chin.
"Oh, okay, I understand." Li Menghui stood up abruptly.
"Wait a minute," Wang Yaotang suddenly called out, "Isn't the building used by the overseas trust still leased?"
"Yes." Li Menghui immediately thought of the $26 billion that had just been brought back. He had never imagined that he would see so much cash one day, and he was so excited that he almost had a heart attack.
"Buy it." Wang Yaotang said this casually, as if he were just buying some cheap little toy.
"Okay." Li Menghui swallowed.
The international bank of the future will have a huge underground vault; it would be too beneath its dignity if the building wasn't its own.
When you have enough money, buying a building is as easy as eating breakfast every day.
Li Menghui informed the other party, and the next day Wang Yaotang met with them in his office. The other party's offer was about 30% lower than the market price, at HK$8.8 million.
This wasn't because they were intimidated by Wang Yaotang, nor was it to curry favor with him; it's just how business logic works.
Value is value, and price is price.
The so-called market price and future price increase potential are all just predictions and speculation.
Property is a fixed asset, not cash. Even if it is mortgaged to a bank, the mortgage price can only be up to 60%, but Wang Yaotang gave cash.
Cash can be invested and generate more money, which is the real deal. That's why so many people mortgage their properties to speculate on stocks.
After signing the contract and holding a press conference, the headlines of all media outlets for the next week were about Wang Yaotang's overseas trust bank spending HK$15 billion to acquire the building and renaming it the Overseas Trust Building.
The exact amount of such a real estate transaction cannot be disclosed; that would be discrediting them. After all, Wang Yaotang is not involved in real estate, so he is quite conservative when disclosing information to the public.
If they follow their methods, it will at least double.
The hype surrounding the building acquisition had barely died down when the overseas trust came up with a new scheme.
A platform has been set up on the steps in front of the building, with a gold ingot weighing 100 kilograms inside a bulletproof glass enclosure. The glass enclosure has a hole in it, and anyone can try to lift it with one hand. The reward is HK$5000, with no limit on the number of times.
Of course, you can only receive the award once.
The exhibition attracted a huge amount of attention on its first day, and the entire street was blocked by crowds.
Some people want to participate in the challenge to earn the prize money, after all, it's only 100 kilograms, and these days, not only do manual laborers endure hardship, they also have tremendous strength...
Of course, some people do it for fame, but most are just there to watch the spectacle.
I've never seen what 100 kilograms of gold looks like.
Such a grand event couldn't be complete without the media. Hundreds of media outlets, large and small, from all over Hong Kong were out there, even if it was just to film the massive crowds.
People from other places might wonder, isn't it afraid of being robbed if you just leave it out in the open on the street?
Hong Kong locals would proudly tell them, "We stole Sing Yee's gold?"
The moment you have this idea, you'll be shot dead by your accomplices. If you want to die, don't drag them down with you!
Overseas trust banks have stolen the spotlight, quickly overshadowing HSBC and Standard Chartered, the two major note-issuing banks. They have garnered a lot of attention, and with their increased fame, their business volume has skyrocketed, with various business lines showing a straight upward trend.
This move shocked the entire Hong Kong financial circle and quickly swept across East Asia, earning him the title of "Business Master." The "Little" in Wang Yaotang's nickname was quietly overlooked, and now everyone calls him "God of Wealth" Wang Yaotang.
Wang Yaotang and his overseas trust business became incredibly popular, but they ended up causing serious trouble for the Royal Canadian Mounted Police!
From the very first day, the roads were completely blocked, and the police had to deploy a large number of officers to maintain order and traffic. Although this phenomenon gradually subsided over time, after the news spread to Southeast Asia and even South Korea and Japan, anyone who came to Hong Kong, whether for business, tourism or shopping, would inevitably have to visit the Overseas Trust Building.
Even just taking a few photos would be great.
This prevented the police force deployed here from withdrawing. However, Wang Yaotang's relationship with the police was well-established, and he specially provided food and water to the police officers on duty here, which earned him a good reputation.
Just when everyone was praising the God of Wealth for his ability to turn the world upside down, the Kingsoft Project was finally completed!
The entire wall is protected by thick bulletproof glass, inside is a gold mountain made of pure gold, and at the foot of the gold mountain is a three-dimensional version of the Qingming Scroll made of pure gold!
A 100% accurate recreation of the city, houses, trees, people, vendors...
It was crafted by more than 300 goldsmiths over a period of more than a month!
One side is also marked in yellow that a total of 2.35 tons of gold were consumed!
There's not a trace of artistry, only the cold, metallic stench of money emanating from the gold!
The combination of Kingsoft and the Golden Qingming Scroll caused a sensation across Asia!
Overseas trusts have once again attracted massive crowds!
They deliberately didn't notify the police beforehand, just to cause some chaos, so that there would be room for hype.
According to official Hong Kong statistics, after the release of the "Golden Riverside Scene at Qingming Festival" scroll, the number of foreign tourists visiting Hong Kong increased exponentially, with most of them coming specifically to visit the overseas trust company, Gold Mountain.
The first floor of the building is always packed with people from morning till night.
In order not to affect the normal operation of all companies in the building, including banks, the back door had to be opened and separated from the lobby, but the impact was still there, after all, there were too many people.
However, this did not cause any resentment among the companies; on the contrary, everyone was very happy.
Each business gained some fame along with these waves of people, and their business volume increased to varying degrees, some doubling and others several times over. They were all so eager to kneel down and lick Wang Yaotang's feet.
Of course, the biggest beneficiaries were the overseas trust banks. They stayed on the front page for two or three months, causing a sensation throughout East Asia and gaining fame in Europe and America. They instantly became one of the most well-known banks in East Asia, and their commercial reputation soared.
The public firmly believes that the overseas trust could never go bankrupt, after all, there are more than two tons of gold on display, so what about the gold that is not on display!
They have a gold mine!
In just a few months, it attracted more than HK$140 billion in deposits.
Wang Yaotang made a fortune out of a single piece of gold, and it was cited as a classic case in academic textbooks, becoming a legendary figure in publicity and promotion!
This massive AOE attack has left nearly 200 banks in Hong Kong bewildered. The public's money is limited, and once it enters the pockets of overseas trusts, others naturally have less leverage.
This affects more than just people's savings. Due to the damage to their reputation, many companies have shifted their settlement business to overseas trusts, resulting in a huge amount of liquidity.
Moreover, it is clear that this impact will continue as long as the overseas trusts do not default.
Established banks like HSBC and Standard Chartered can withstand this wave of widespread damage, but some smaller banks that were already struggling are finding it difficult to cope.
But this had nothing to do with Wang Yaotang. Li Menghui ran to him again with a long face and asked for help.
"Boss, stop this nonsense, I can't take it anymore, there's too much money..." This was the first time Li Menghui was troubled by having too much money. He had absorbed more than 140 billion yuan in deposits in a short period of time, and he had to pay interest!
With labor costs added, we might lose money this year, which would make headlines again, and Li Menghui would be nailed to the pillar of historical shame. You're not good enough even if you're given a chance!
"If you don't have money, you'll come crying to me. If you have money, you'll still come crying to me. Isn't that just a waste of money?" Wang Yaotang cursed angrily.
Li Menghui's expression froze on his face, and he also felt very embarrassed.
What should I do if my boss is too capable and I feel incompetent?
"Forget it, forget it, you good-for-nothing." Wang Yaotang cursed for a while. "Let's leave it at that for now. Let me think about where we need to spend the money, and how much cash we have?"
“Around $47 billion, and we expect that number to exceed $50 billion in the next two months. So far this year, the average deposit interest rate is as high as 6.7%, and we need to pay as much as $3.35 million in interest per year. This is an astronomical figure, and we are under a lot of pressure,” Li Menghui said in a low voice.
“You guys…” Wang Yaotang was speechless. 3.4 million US dollars, which is more than 26 billion Hong Kong dollars, is just too exaggerated.
However, the thought that he had deposited 26 billion yuan and more than two tons of gold into the account, and that most of the interest would be paid to him, inexplicably cheered him up.
After sending the man away, Wei Tao let in two more people: an older white man and a young blonde woman with large breasts.
Victor, Jessica, is from one of the Big Four law firms in Chicago.
At that time of 90, very few people invested in electronic product processing plants in their hometown. Wang Yaotang thought that pagers were nothing special and had never owned one. But that didn't mean they weren't advanced; they could still be considered high-tech. So the authorities were very supportive, and the factory's area was larger than expected.
Even if it weren't for profit, but just for reputation, Wang Yaotang would still want to run the factory well.
Wang Yaotang disliked the arrogance of foreigners, but he had to admit that their standardized management experience, pursuit of profits, and emphasis on technology in the high-tech factory were indeed second to none.
Domestic management personnel are currently better at administrative methods... which are really not suitable for high-tech companies.
So after much deliberation, considering the future technological advancements in the production line and the increasing variety and sophistication of products, Wang Yaotang decided to poach the factory manager and deputy factory manager from Motorola, and also bring over a design team.
"Hello, respected God of Wealth," the white-haired man said exaggeratedly in broken Cantonese.
It took Wang Yaotang a moment to realize what he meant...
“Hello, Mr. Victor, please sit down. There’s no need to be so polite. Let’s communicate in English. I won’t develop any new feelings for you just because you can speak a few words of Chinese. My heart is very cold,” Wang Yaotang said with a smile.
"Oh, that's a real shame, but it's alright. I'm sure Jessica will melt your cold heart little by little with her warm embrace." Victor gave him a knowing look.
Jessica gave Wang Yaotang a big, flirtatious wink, reached down and pulled down her T-shirt, revealing her two pectoral muscles that almost popped out, and walked towards Wang Yaotang with a 'Duang' 'Duang' 'Duang'.
"Dear Mr. Wang, these are the documents we brought." The documents in his hand covered half of his chest, but he didn't hand them over.
Wang Yaotang laughed heartily. He liked the Americans' directness. When he reached for the documents, his hand inevitably ventured into the deep canyon, which was soft, smooth, and slippery, clearly professionally maintained, and felt fantastic.
The documents were placed on the table. Without Wang Yaotang needing to look at them, Jessica bent down and put Wang Yaotang's hand directly into her bosom, while she herself flipped through the documents and introduced them in a sweet voice.
"This document comes from Motorola's HR department; it's internal information with a high level of confidentiality. You know, this isn't legal..."
“Very good, that’s exactly what I want, illegal.” Wang Yaotang pinched a few times and said with a grin, “I only spent $100 million to invest in a pager manufacturing plant, but the cost of hiring you is as high as $100 million. If it were obtained through legal channels, I guarantee you wouldn’t leave Hong Kong. We’ll turn you into fish feed. I believe that feed made from such a beautiful girl like you will definitely make the fish grow better.”
Upon hearing this, Jessica's body stiffened noticeably; perhaps from shock, her nipples became erect.
"Hahaha, don't be nervous, it's just a joke, I'm a good person."
“No, no, no, I have no doubt that you would do this.” Victor stood up and said solemnly, “Before coming here, the law firm not only collected information about Mr. Wang from newspapers and media, but also learned about the situation in Chicago’s Chinatown, which is ranked third in the United States. Sir, you control the world’s largest Chinese underground force, one of the world’s largest warlords, with more than 4000 soldiers, warships, aircraft carriers, airplanes, tanks, and are also the world’s most well-known private arms dealer, with business in Central and South America.”
Wang Yaotang glared: Slander!
"If we die here, the law firm will just file a police report in Hong Kong and that's it. Revenge is out of the question. The gains are not proportional to the losses. We don't have much business in Asia, and we can't possibly send the Pacific Fleet to arrest you."
Victor shrugged as he spoke, “Of course, being a law firm, we can ensure that our loved ones receive insurance compensation, so Jessica and I specifically purchased large personal accident insurance before we came.”
Wang Yaotang: No, I feel like you guys are here to stage an accident.
“But believe me, Mr. Wang, I will serve you wholeheartedly. If I cannot satisfy you, I am willing to die at your hands.” Victor patted his chest.
Jessica patted her too...
Wang Yaotang's hand.
Wang Yaotang looked over in surprise. Really? Do I have that much charm?
Do all Americans have my filial sons and grandsons?
"To get this contract from you, I smashed the heads of four colleagues and fought my way through with my iron fists." Victor struck a few boxing poses, looking quite skilled, then ran his hand through his hair. "I have six stitches here, and the wound hasn't healed yet."
"Seriously? You're playing this big? You're lawyers, shouldn't you be using words to persuade people?" Wang Yaotang was genuinely surprised.
“No, no, no, sir, the most persuasive thing is always a fist. When your fist isn’t strong enough, no one will be willing to sit down and listen to you. When words can no longer persuade others, then we have to go back to the starting point and use our fists to shut them up.” Viktor grinned and waved his fist.
Okay, Wang Yaotang gave a thumbs up. As expected of a senior lawyer, you understand the truth.
"So, why?"
“We all know that coming here to meet you is risking our lives, but you are, after all, a super-rich man. Every rich man in the world will inevitably deal with the United States. This is inevitable. If we can demonstrate our ability to gain your trust in this cooperation, we believe that we can earn tens of millions or even hundreds of millions of dollars in the future!” Victor said with a fanatical expression, “Isn’t a profit of several hundred times the return worth risking our lives!”
“Great, I fucking love this adventurous spirit of you Americans, you've convinced me!” Wang Yaotang pinched her erect penis, causing Jessica to grit her teeth in pain, but the sound that came out was as alluring as a kitten’s meow.
Wang Yaotang laughed and pulled the person into his arms, "Come on, let me introduce you properly."
“Yes, sir.” Jessica tilted her head back and kissed Wang Yaotang, her left hand reaching downwards while her right hand flipped through the documents. “Considering that you are entering the electronics manufacturing industry with a pager factory, and will be involved in fields such as telephones, telecommunications, program-controlled switching, and computers in the future, we believe that the company’s general manager should not only focus on the pager industry. Therefore, we first recommend Mr. Rooney Keane, he is…”
Wang Yaotang: "Change it to another one."
"Uh……"
"The general manager cannot be American, or rather, must be Asian." Wang Yaotang had long since lost his allure for beautiful women, but his petty ego wouldn't cloud his judgment.
"It's not that I dislike white people, but it's a cultural issue. In my opinion, without cultural unity, no amount of business skills will work. It's not something that can be communicated simply through language."
“I understand.” Jessica glanced at Victor, quickly flipped through a few pages, and pointed to a brown-skinned man, saying, “Rajiv Kumar Sharma, an Indian…”
“No way.” Wang Yaotang tightened his grip. “I don’t want to hear curry on my pager one day, and I don’t think a bunch of underdeveloped humanoids who eat with their hands can do a good job. Indians are like cockroaches; once one appears in the company, it won’t be long before there’s a whole bunch!”
"I suggest you visit India before you leave, especially the Ganges River. Remember to bring plenty of bodyguards. I guarantee that after seeing it, you definitely won't want to live in the same house as an Indian!"
"In the same river, a cow defecates a few meters away, a corpse floats nearby, while another person bathes with a pious expression, and people drink water next to them..."
"vomit!"
Wang Yaotang's face turned ugly, and Viktor and Jessica's expressions also changed.
This is just too... disgusting!
“I don’t want Black people either. I hate two kinds of people the most: racists and Black people.”
Victor and Jessica: ? ? ?
If we exclude white people, black people, and Indians, then this data only includes Japanese, Koreans, Chinese, and Taiwanese.
After a selection process, the factory manager identified Taiwanese, Japanese, and people of Chinese descent.
The deputy factory director in charge of R&D: Taiwanese, Chinese, Japanese, Korean.
The deputy factory manager in charge of sales: a devil, an American devil.
Finally, there is a technical team of more than 20 people, including Gui, Bang, Wan, Hua, Bai, etc.
With this kind of team, Wang Yaotang can guarantee 100% control. If you dare to play any tricks, I'll dig up your ancestral graves!
If they recruit people based on this list, salaries will definitely increase accordingly. Victor estimates that signing fees alone will exceed $50, and personnel expenses will be relatively high.
“I know what I’m doing. Scientific research is expensive, but money is never an issue.” Wang Yaotang snapped his fingers. “Alright, now that we’ve finished discussing work, let’s do something more enjoyable.”
"Haha, Mr. Wang, have a pleasant afternoon." Victor rose to take his leave with a gentlemanly air. (End of Chapter)
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