A grand feast for the Chinese entertainment industry
Chapter 230 Confidence
Chapter 230 Confidence
When I woke up groggily in the early morning, the room was completely dark.
I slept very well and felt quite full.
Subconsciously, Lin Jianlu reached out to the side, and as expected, Zhou Huimin had curled up into a ball again, hiding in a corner of the blankets. So Lin Jianlu turned to the side, touched her, feeling the smooth and delicate touch and contours of her body, and easily pulled her into his arms.
She groaned and gasped for breath, but the next moment, her body instinctively relaxed, and she rolled over and squeezed into Lin Jianlu's arms. In an instant, her curled-up body completely opened up.
She seemed to murmur something, something like "husband," but the next moment, she fell asleep again.
And his breathing immediately became heavier.
Clearly, she was fast asleep.
Lin Jianlu still had his eyes closed, but he couldn't help but smile—he loved this feeling. Whether it was Zhou Huimin finding a sense of security immediately because of his small comfort, or Wang Zuxian, who claimed to have had trouble sleeping for many years, always snoring uncontrollably like a cat whenever she slept with him, and then denying it when she woke up, insisting that she never snored, it all gave him a great sense of accomplishment.
Even though Yu Feihong liked to lie on top of him, and after a night of this, even someone as strong as him would feel his blood stagnation and his whole body would be sore and numb, he still didn't really dislike Yu Feihong's bad habit.
Girls, women, girlfriends, they like me, cling to me, love me, and feel especially at ease when they're with me. This is something that makes him very proud—they say that it's like there's a big furnace inside me, and they feel comfortable as soon as they get close.
But the next moment, he reached out with his other hand and tried to grab in the opposite direction, only to find nothing.
He couldn't help but open his eyes.
The other side was empty—he immediately perked up. The next moment, he moved his body under the covers, first crawling to the edge of the bed, glancing at the ground, and then groping around in the dark to grab something.
Yes, Zhou Haimei is a very restless sleeper; she once fell off the bed while sleeping.
empty.
After a moment's thought, he rolled out of bed, opened the door, and went out.
The lights were on on the first floor.
In her haste to get up, she hadn't worn a watch and didn't know the time. Lin Jianlu walked barefoot to the top of the stairs, leaned down and glanced down. In the living room, Zhou Haimei was sitting on the sofa with a blanket draped over her shoulders, her legs bent, one hand wrapped around her knees, her chin resting between her knees, and her other hand holding a wine glass—she suddenly seemed so lonely.
But she was very happy last night!
I'm so happy I could fly!
After thinking for a moment, Lin Jianlu stepped downstairs. She wasn't completely silent, but she was clearly distracted. Lin Jianlu had already reached the living room, but she didn't notice at all. She was just staring blankly at the dark night sky outside the window.
Just as Lin Jianlu was about to walk over, she suddenly saw Lin Jianlu's figure in the window, startled, and quickly turned around. An embarrassed expression instantly appeared on her face. She immediately put down her wine glass and stood up, "Mr. Lin, you're awake so early! I...I..."
Lin Jianlu smiled, walked over, gently hugged her, kissed her messy hair, and then looked at her.
Is something bothering you?
"No, it's just... I suddenly can't sleep."
"You've always called me Lin Sheng, can't you call me husband?"
"Can I?"
Lin Jianlu laughed, "Of course!"
So she called out, "Husband."
"Ah."
Lin Jianlu immediately agreed and hugged her even tighter.
She was actually quite reserved. When everyone was having fun, she was very eager, even proactive and lively. But in daily interactions, laughter, and play, she always seemed reserved and could not be said to be very close to Lin Jianlu.
Upon closer examination, the problem shouldn't lie with Zhou Huimin.
Firstly, the two of them have a very good relationship. Secondly, since Zhou Huimin started dating him, she has never seemed to be jealous and has been very well-behaved. Thirdly, it was Zhou Huimin who took the initiative to bring her best friend Zhou Haimei over to play games. Logically speaking, if she were jealous, she should be jealous of Liang Yongqi and the others, not Zhou Haimei.
He scooped up her legs and held her in his arms. She was a petite 90-pound girl, with a typical delicate frame and plump body. She looked quite thin, but her skin felt soft and tender to the touch, making her exceptionally comfortable to hold. After sitting down on the sofa, Lin Jianlu casually pulled the blanket she had been wearing over her shoulders and draped it over her back, wrapping her completely in his arms.
She gently nestled into Lin Jianlu's warm embrace.
I asked her, "You must be upset about something. Can you tell me about it?"
She looked up at him, seemingly wanting to deny it immediately, but hesitated for a moment, then suddenly lowered her head and buried it in Lin Jianlu's arms. After a long while, she finally spoke, her voice suddenly tinged with sadness, "I...I don't know how to say it, actually, actually..."
Lin Jianlu simply hugged her tightly, remaining silent and waiting for her to speak.
Although she hesitated for a long time, perhaps because of their recent interactions, especially their physical intimacy, she eventually began to trust Lin Jianlu more and more, and finally spoke up, "Actually, in February, I had just returned from the capital, and one time at home, I fainted..."
“I’ve been prone to dizziness since I was little. I’ve had all sorts of tests done, and they always say I have low platelet counts. I never really took it seriously before, but this time, I just fainted. So I went for another checkup, and the doctor said I have a disease called lupus…” As she spoke, her voice finally broke into tears. “The doctor told me… told me that my disease is incurable; it’s a systemic immunodeficiency…”
Lin Jianlu looked down at her, her expression grave. "Immune deficiency?"
Lupus... Hmm, I think I've heard of this disease in my past life. Is it an immune-related disease?
Thinking about it again... Holy crap, wait a minute! Something just vaguely comes to mind... I vaguely felt something was off when I heard Zhou Huimin mention that she and Zhou Haimei were best friends, but I didn't think about it too deeply. Now that I think about it carefully, could it be that Zhou Haimei died relatively young?
Hiss...but she seems to have died of a heart attack?
I can't remember. As far as my past life was concerned, I had absolutely no impression of Zhou Haimei. By the time I started to like watching TV dramas and movies and liking celebrities, she had already disappeared. It was only after her death that I saw a little bit of news about her.
"Yes, immunodeficiency, which means... my blood is defective, and my immune system isn't fully developed. It's not fatal in itself, but it leads to insufficient resistance, making me susceptible to other diseases. And once I get sick, my immune system might not work, or I might not even realize I'm sick... It's just that I'm different from ordinary people. And... and..."
She suddenly burst into tears, sobbing as she said, "The doctor said it's not obvious yet, but in a few years, I might develop a kind of sore. It's not contagious, but it will look terrible..."
"Can't it be cured? I'll arrange a hospital for you. We'll go to America, or even Europe, to find the best hospital for treatment. Don't worry about the cost; you're my woman, and it's my responsibility to get you medical care..."
She shook her head, desperately, crying as she said, "After being diagnosed with this disease, I read many professional books on my own, and even asked friends to borrow many professional medical journals from the library for me. It's a rare disease, and there's currently no cure in the world..."
Lin Jianlu was stunned at first, then gradually fell silent, and suddenly asked, "Do your family members know?"
She nodded.
Then he asked, "Does Vivian know?"
She shook her head.
Lin Jianlu fell silent again.
After a full half minute, listening to her sobbing softly in her arms, Lin Jianlu finally couldn't help but ask her, "So... that's why you were willing to fool around with Vivian and stay with me, right?"
She paused, looked up timidly, tears still clinging to the corners of her eyes, opened her mouth several times, and finally said, "Yes! But husband... Lin Sheng, I actually love you, I'm very willing, it's just that if this disease hadn't been diagnosed, I might have been too embarrassed, I... I..."
Lin Jianlu lowered his head and gently kissed away the tears at the corner of her eyes. "Call me husband. I am your husband."
She looked up, nodded, her voice gentle yet poignantly beautiful, "Husband."
Lin Jianlu smiled and ran his fingers along her face. Her skin was exceptionally smooth, almost the finest among all his girlfriends; to call it porcelain-like would be no exaggeration. After a moment's thought, he said, "It's alright. I'll arrange for someone to contact a hospital for you right away. We'll go to the world's most authoritative hospital for treating this kind of disease, find the best doctors, and then... I have money, I'm not short of money. I can invest in and support medical institutions that specialize in researching this type of disease, to conduct research specifically for your condition..."
"In short, have confidence. We're not completely out of options. Even if we can't find a solution now, we'll gradually find one. This isn't an emergency, so anything is possible in the future!"
"So don't be sad or discouraged. No matter what, Vivian and I will always be there for you!"
Her eyes gradually calmed down without her noticing, and she stared at Lin Jianlu without blinking.
Something inexplicable seemed to well up in those clear, bright eyes.
Finally, she lowered her head and buried it in Lin Jianlu's chest once more, slowly nodding and humming in agreement. After a long while, she murmured, "Husband, I love you!"
Lin Jianlu hugged her tightly, "I love you too, baby, I love you too!"
It's 5 a.m. here in Hong Kong, but that's okay, it's noon in America.
Lin Jianlu held her on the sofa for a while, then put her down, got up and went upstairs. When he came down again, he was already dressed in simple clothes and had his phone.
Call Zhang Aijia and ask her to find someone in the medical community to inquire about medical institutions that specialize in treating lupus and arrange a treatment opportunity.
After hanging up the phone, Zhou Haimei immediately threw herself into his arms again, without saying a word, but she held Lin Jianlu's waist tightly.
…………
Lin Jianlu was very concerned about Zhou Haimei's situation, but Zhang Aijia acted quickly. In just over an hour, she found a medical institution in Los Angeles that specializes in the research and treatment of lupus. She quickly made contact with them and finalized the appointment for Zhou Haimei to go for examination and treatment. So, while having breakfast, Zhou Haimei happily contacted her family to say that she had to go on a business trip and would go back to pack her bags later.
Well, the newly purchased two-story duplex villa has only been barely cleaned so that Lin Jianlu can move in before leaving Ganggang. In fact, neither of them has moved in yet.
Now things are looking up. Zhou Haimei is going to America for medical treatment, and Zhou Huimin has decided to go with her.
Lin Jianlu nodded in agreement.
But he couldn't continue to help the two young beauties pack their things. To be honest, his time was very tight. He was going to America from Hong Kong and would be staying there for a long time. So he had a lot of things to arrange before he left.
So after breakfast, she let them tidy up and make some preparations, while Lin Jianlu went out to work.
"Please sit! Welcome to both of you on the official team!"
He Zhiqian, Administrative Assistant.
Zhou Jinyun, personal assistant.
They are all affiliated with Donghua Real Estate and have signed a lifetime confidentiality agreement. They work seven days a week plus 24 hours a day, and are available on call at any time. However, they have 45 days of paid leave per year. Of course, if the boss is not around or doesn't call on you, as long as you don't cause any problems, it is still a normal job with an eight-hour workday and weekends off.
The former earns an annual salary of $150,000, while the latter earns an annual salary of HK$1 million.
We had a brief chat to get acquainted, and then we started assigning them tasks. Zhou Jinyun's tasks were simple, mostly everyday琐碎 (trivial matters).
Zhou Jinyun needs to consider, oversee, and manage the villa on the hillside where Brigitte Lin, Leung Wing-ki, and Rosamund Kwan live, as well as the daily needs of little Lin Shun-an.
Gong Li is heavily pregnant, with her due date in August, so she has a lot to consider in advance.
Chen Shuhua and Su Huilun are currently living in Hong Kong with their children. Their daily needs are still within the scope of their work as life assistants.
Lin Jianlu owns multiple properties in Hong Kong. You are in charge of the daily management and maintenance of these properties, as well as the renovation of several newly purchased properties that may require some work.
There were also many cars, several professional drivers, and quite a few servants...
In short, a life assistant is like a housekeeper, managing all the trivialities of daily life.
He was responsible for providing various lifestyle services to Lin Jianlu and his girlfriends.
There's one big thing to do right now: Zhou Huimin has a passport to the United States, but Zhou Haimei doesn't. We'll assist with the whole process, book the tickets, and send her on the plane!
In addition, you should keep an eye on properties for sale on the market, because Lin Jianlu plans to continue to hoard houses, and they are mostly luxury homes of 200 square meters or more.
Then, He Zhiqian's work as an administrative assistant became relatively more complex and varied.
Lin Jianlu's current major assets, including stocks, cash, land, and buildings, as well as a considerable amount of liabilities, have been basically sorted into several major categories.
Tsai Chung-hsin's Longhua Investment is responsible for managing Lin Chien-lu's financial assets, including two American internet stocks and the 4% stake in Hong Kong City Telecom that he previously held. However, the latter has been sold off at a good price and converted into a large amount of cash. Lin Chien-lu's next investment in China.com will also be made through Longhua Investment.
In addition, Lin Jianlu's personal shares in Media Asia Films, ATV which was recently acquired and successfully privatized, and the mainland cinema chain that is being established as a joint venture with Jiang Zhiqiang and Zhuang Cheng, were all originally intended to be packaged and integrated into Longhua Investment. However, after careful consideration, he decided to keep these companies independent for the time being and consider integrating them into a new company for unified management in the future, which can be considered as a major direction of cultural and entertainment focusing on media, film and television, talent agency, and cinema chain.
Then there's Tung Wah Properties, managed by Wu Minghua. Lin Jianlu bundled in all of his wholly-owned Wantong Building, 40% equity in the under-construction Ganggang International Finance Centre, the land on Minyao Street in the Central New Harbourfront, 87.5% equity in Capital Times Square, and 51% equity in Shanghai Times Square.
Financial investment, film and television media, and real estate operation.
These are Lin Jianlu's three most important assets.
All of these things, including weekly work briefings and market trend reports from Longhua Investment, Donghua Real Estate, ATV, and Media Asia Films, which are directly under Lin Jianlu's control, constitute He Zhiqian's basic job duties—but it is clearly not limited to that.
As for employing people, Lin Jianlu didn't have any mature methods or imperial strategies. Moreover, in his previous life, he had no professional training and no experience. But in this life, based solely on his intuition, he understood that even the most trusted person should be used with caution. From the design of the system, one should not leave too many opportunities for others to make mistakes. That is actually protecting the other party!
So, to some extent, He Zhiqian was used to guard against and check Cai Zhongxin, Wu Minghua, and even Lin Qingxia, Zhuang Cheng, and Shi Nansheng. Everyone checked each other, and no one could think of doing anything behind Lin Jianlu's back. That way, things could go on for a long time and remain peaceful and harmonious.
Lin Jianlu didn't want to be deceived by anyone and become a so-called superior who was high above but gradually lost power, control, and insight. The problem wasn't too big now. His career wasn't too big or too small, but his relationships were generally simple and his business was generally straightforward. He believed that he had no problem controlling the situation.
However... well, to give a small example, Wu Minghua is someone who returned from studying abroad, and she is more inclined to support others who have also returned from studying abroad to obtain high positions around her.
Although she had stated beforehand that academic qualifications were not a concern and ability was the most important factor, all three of the assistant candidates she selected had studied abroad. One studied in the UK, one in the US, and the other studied in the UK first and then in the US—was there a problem? No! It's even hard to say that she had any ulterior motives, but were there no suitable candidates among those who didn't study abroad?
It's normal for everyone to have preferences, but Lin Jianlu hopes that the people around her who help her manage her assets and provide various investment and management advice will not be from such a homogeneous background.
Yes, the worry of preparing for a rainy day.
Of course, there's no rush; we can take our time.
First, he explained Zhou Jinyun's work to her, but did not ask He Zhiqian to leave. So he listened in. After Zhou Jinyun's work was arranged, he sent her away to get busy. Then he explained the work to He Zhiqian one by one, including the aspects to pay attention to, etc.
It's good. Although I haven't actually started working yet, and my specific work ability remains to be verified, the feeling I got from interacting with these two people is just like when I was interviewing them before. I felt very comfortable.
He was also willing to chat with He Zhiqian as much as possible, to show some care, and to get closer to him as soon as possible.
He Zhiqian's mother is seriously ill and requires long-term treatment, which is the fundamental reason why he resigned from his job at Citibank and returned to Hong Kong. However, his previous employer, Wing Lung Bank, is unlikely to offer him a higher salary and position, and he believes that Wing Lung Bank's business is in very poor condition and is likely to go bankrupt in the future. Therefore, he switched jobs.
Lin Jianlu didn't care about these things at first, but subconsciously echoed their sentiments. The two rounds of the financial crisis had indeed brought tremendous impact and damage to Hong Kong from top to bottom. However, as they chatted, when He Zhiqian spoke with some concern about the large number of bad debts at his former employer's bank, Lin Jianlu couldn't help but become interested. She tried asking a question. This wasn't an industry secret. Wing Lung Bank was a listed company, and these things would be reflected in the financial statements. Therefore, He Zhiqian didn't need to hide anything and simply mentioned a few key points—indeed, the large number of bad debts came from the three-pronged approach of real estate crash, financial collapse, and customer bankruptcies.
When discussing the property loans that Lin Jianlu is most interested in, He Zhiqian said, "Many clients purchased properties between 1992 and 1994. At that time, the average price of a house in Hong Kong was between HK$3,000 and HK$6,000 per square foot. Clients would pay a 40% down payment and make repayments for several years. But now, the price of a house has fallen to less than 50% of what it was back then, or even less than 40%. A 500-square-foot house that originally sold for HK$2 million is now worth less than HK$1 million!"
"This means that even if customers sell their houses now, the proceeds will not be enough to repay the entire loan. The down payment made before, the loan repayments and interest paid over the years will all be lost. If the income is stable, it's not so bad, as they have to make the payments on time. But the current situation is that everyone is struggling to make ends meet. Once they lose their jobs or their companies go bankrupt, the monthly loan will immediately become a mountain."
At this point, he couldn't help but sigh, "The banking industry now faces all sorts of loan defaults every day. In severe cases, banks simply abandon their loans, leaving them no choice but to sue and seize properties. But what good is seizure? If the customer doesn't repay the loan, it becomes a bad debt, making the bank insolvent. Moreover, many public auctions of properties have recently failed to attract any bids, leaving banks unable to recover even a small amount of their initial investment..."
He spoke with sorrow, but Lin Jianlu's eyes grew brighter the more he listened.
Upon further inquiry, it seemed to involve some internal business matters of the former employer, causing He Zhiqian to hesitate somewhat. However, he quickly came to his senses and said with a smile, "It's not difficult to find out. If you're willing, it's not hard to find out with a little inquiry. Take Wing Lung Bank for example, its bad mortgage loans alone account for more than 40% of its total assets. You can tell from the stock price. Wing Lung Bank has total assets of over HK$18 billion and 26 branches, but its net assets are now less than HK$4 billion. Its market value has been falling continuously. Today... its total market value is probably only around HK$19 billion!"
Lin Jianlu listened and nodded slowly, feeling a sudden surge of joy in his heart.
This is a very important message!
In fact, information like this is usually hidden in various news and trends in the market, but I have almost no experience in the city and have no way of feeling or knowing about it. Without special instructions, neither Cai Zhongxin nor Wu Minghua would obviously bring this information to tell me. They probably don't have the same clear and definite confidence in the future of Hong Kong's housing market as I do, so they would never think that there are any investment opportunities hidden in it.
However... at times like this, if you could invest in and open a company that specializes in taking over a large number of these non-performing loans from banks, well, you don't really need to worry about the loans. Just buy the properties that have already become bad debts in the hands of the banks, and you'll be helping the banking industry out of its predicament. Then, after a little renovation, you can rent out the properties if you can and collect some cash. If you can't rent them out, just leave them vacant. What's the big deal?
It won't be long, at least three to five years, at most seven or eight years, until Hong Kong's property market fully recovers and even begins a major rebound. This will likely be an astonishing fortune—five years, about five times the original amount.
A 500-square-foot house is actually only about 40 or 50 square meters. According to Ho Chi-him, it was bought from the bank at a bargain price of around HK$800,000 or even lower. The actual price was less than HK$21,000 per square meter. If it were held for five years, by 2003, it would have rebounded to HK$100,000 per square meter.
Well, let's say three times that amount. If it rebounds to HK$60,000 per square meter, that would already be a huge profit!
We're betting on the future of Hong Kong!
It's all about confidence!
"Lin Sheng... Lin Sheng?"
"Hmm? Oh, nothing, I just suddenly thought of something and got distracted."
He Zhiqian clearly sensed something and tentatively asked, "Are you interested in the banking industry?"
Lin Jianlu thought for a moment, shook her head, and replied, "I can't work in banking, I don't understand it at all!"
I remember when I first met Tsai Chung-hsin, he gave me some investment advice: real estate, internet, and finance. He believed that investing in these three areas in mainland China would be the best option for the next ten to twenty years.
But real estate is a good option; it's tangible and visible. You can buy a piece of land and leave it there to make money. The internet is no problem either. Lin Jianlu may not be an expert, but he understands the future direction of internet development very well.
But they definitely wouldn't dare touch banks and finance!
Having been in this world for over two years, Lin Jianlu has actually dealt with banks quite a bit, but to this day, her understanding of the banking industry is still basically at the level of a pawnshop—I provide collateral, the bank lends me money, I invest it and profit from the time difference, I make money from the investment, I repay the loan and pay interest, everyone is happy and we all make money.
that is it.
With such limited understanding, what kind of banking business are you trying to run?
Upon hearing this, Ho Chi-him laughed and said, "The banking industry is indeed tough... not easy to do! Back in 93, the Development Bank of Singapore acquired a 10% stake in my former employer, Wing Lung Bank. Last month, they were looking for buyers both inside and outside the industry, offering only HK$2.2 million, which was negotiable, but so far no one has shown any interest. Alas, the problem is that even the Development Bank of Singapore itself is facing numerous difficulties now. If they can't sell this stake, they might even face bankruptcy!"
"Oh?"
…………
The information is easy to find because it is completely public.
The Development Bank of Singapore is indeed selling its 10% stake in Wing Lung Bank, with the asking price only slightly higher than the share price by less than 20%, which is clearly just to leave room for customers to negotiate the price.
According to Lao Cai on the phone, the Development Bank of Singapore would be overjoyed to be able to sell at a price no lower than the market share price. This is only because if the price is lower than the share price, Wing Lung Bank might question and obstruct the transaction. Once the transaction is completed, involving such a large off-exchange transaction, Wing Lung Bank, being a listed company, must disclose it publicly, which would definitely have a serious impact on the share price. It is already severely undervalued due to its operating conditions, and if it is hit by such a large sell-off, it will be detrimental to everyone.
Otherwise, given that the Development Bank of Singapore is already mired in operational difficulties, it might be willing to sell for any amount of money!
Yes, Lin Jianlu was immediately smitten.
Bank, damn it, that's a bank! It has twenty or thirty branches... Even if it's a small bank, it's still a bank! In the minds of ordinary people like Lin Jianlu, banks have always been exceptionally high and mighty institutions!
He was considered wealthy before. Last October and November, Lin Jianlu mortgaged stocks everywhere and even his future to raise money. At that time, he spent a lot of money in Hong Kong to buy up stocks at the bottom, but he never even considered going to the banks.
My immediate thought was that I couldn't handle it!
But... are banks really that cheap now?
Yes, there's a reason why it's cheap. It's due to poor management. Because of the real estate crash, customer defaults, and the accumulation of bad debts, banks have accumulated a lot of bad debts. But the problem is, in my opinion, at least the part of bad debts caused by the real estate crash can't be considered bad debts at all!
If Hong Kong can survive these next few years, or even just one or two, once it recovers from the financial crisis, these bad debts caused by the drop in property prices will disappear immediately!
So, if you could just buy a bank to play around with, it would be even simpler. You wouldn't need to start a new company to handle those non-performing assets. You could just separate these bad debts from within the bank, negotiate with each loan customer, buy their properties at market price, resolve the mortgage bad debts, and then provide them with a five-year low-interest loan for the shortfall in their mortgage payments, allowing them to pay off the principal and interest in one lump sum after five years. Wouldn't that solve the problem?
I consulted with professional He Zhiqian, who said it was feasible, but what about the banks' large stockpile of properties? Selling them as a package would only yield a price lower than the agreed-upon price, inevitably leading to substantial losses—which shareholders wouldn't accept! Furthermore, the stock price would plummet further!
Ok……
This is not the key!
The key issue is that if we only get 10% of the shares, this deal is impossible!
I called Lao Cai, and it turned out that Lao Cai had already heard about it and was on his way.
Ten minutes later, Lin Jianlu, Cai Zhongxin, Wu Minghua, and the newly appointed administrative assistant He Zhiqian were already sitting in the small conference room of Donghua Real Estate, seriously discussing the feasibility of this matter.
Most people are against it.
Only Old Cai, Cai Zhongxin, was somewhat reserved. When asked, he just smiled and asked only one question: "Mr. Lin, you can definitely find a way to get a financial license in the mainland, right? You can get Wing Lung Bank to open branches in the mainland, with the same licenses for accepting deposits and making loans as mainland financial institutions!"
Lin Jianlu laughed.
He wasn't actually that confident, but he felt that there was still hope.
It has nothing to do with the so-called "Chinese Governor of Hong Kong" in the minds of Cai Zhongxin and his group; the key lies in the word "mouthpiece"!
ATV is now a force to be reckoned with by the higher-ups, who are seriously trying to win it over. Once the satellite channel is established and goes live, ATV will smoothly become a super mouthpiece capable of broadcasting to the mainland, Hong Kong, Taiwan, and overseas. With a series of successful programs and continued investment in the news department, this mouthpiece will become increasingly powerful, so powerful that everyone will have no choice but to court it.
What if China.com could be listed in America?
Don't underestimate the power of portal websites as a mouthpiece!
With the rise of the Internet, the traffic of portal websites should experience an explosive growth. At that time, the role of portal websites as mouthpieces will become a powerful weapon in their own hands!
Given his position in the United Front, it shouldn't be difficult for him to ask the higher authorities for a mainland financial license.
Even if we can't get into the mainland, so what? Once we recover, Hong Kong itself will be thriving for the next twenty years. What's the harm in having a bank in hand?
More than a decade later, the mainland will start to have money, especially the mainland banking industry, which will each have a large amount of investment quota. When the time comes, wouldn't it be pure profit to resell them to a mainland bank?
"Get it!"
After discussing for over an hour, Lin Jianlu made a decision: "Old Cai, Wing Lung Bank is the first choice, but we don't need to fixate on this one. Compile and analyze information on all the small and medium-sized banks in the market that are severely undervalued, paying particular attention to their focus on bad debts. The higher the proportion of bad debts in real estate loans, the better! Of course, give Wing Lung Bank a try first! Because its size is just right, I can handle it!"
With a market value of less than two billion, even if it needs to lose another one or two billion, the cash on hand is enough to sustain it until it sees the spring of prosperity in Hong Kong.
"Contact the Development Bank of Singapore and inquire about the price. Of course, the main focus should be on the Wu family, the major shareholder. If they are willing to sell their 64.1% stake, this matter can be accomplished. If they don't sell, the 10% held by the Development Bank of Singapore will be worthless!"
He clapped his hands, his face full of fighting spirit and excitement, "Everyone, let's get to work!"
(End of this chapter)
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