Rebirth of Hong Kong 1981

  Chapter 560 The British Privatization Process "Two Chapters in One"

  dong dong—

"Come in"

   "Chairman, Manager Yuan is here."

   "Let him come in." Yang Chen threw the pen in his hand on the table, and stood up from his position.

   "Boss" entered the office, and seeing Yang Chen, Yuan Tianfan bowed respectfully.

   "Go over there and sit." Yang Chen nodded and pointed to the leisure area.

   After Yuan Tianfan sat down, without waiting for his report, Yang Chen said directly, "Is the offshore investment company I asked you to register ready?"

   "It's already registered" Yuan Tianfan heard the words, a strange color flashed in his eyes.

   As early as when he set up the investment department of Hang Seng Bank, Yang Chen asked him to register an offshore investment company.

   Yuan Tianfan also guessed about it.

  What is the biggest feature of an offshore company?

   In simple terms, it means reasonable tax avoidance, high confidentiality and no foreign exchange controls.

  Offshore company generally refers to a limited liability company or a joint stock limited company established in the offshore legal zone according to its offshore company law.

  The local government to which the offshore company belongs does not have any tax on such companies, and only charges a small annual management fee.

   In addition, such companies are recognized by all major international banks and various sovereign countries.

   In many cases, for a commodity, from its manufacture to its transportation to other countries, the various fees and taxes in the middle are unimaginable to ordinary people.

  If there is no reasonable tax avoidance, then many international companies will not get much profit.

   And with an offshore company, things are much easier.

  The cost of a commodity is 1 yuan. If you buy it abroad, you will get 5 yuan, and there will be a profit of 4 yuan in the middle. If you do not conduct reasonable tax avoidance, the commodity will have to pay a tax at the place of origin, and then you have to pay a tax abroad.

  The intermediate profit is only 4 yuan, which is unreasonable to avoid tax. The tax on both sides will be cut by almost half or one-third. If the intermediate transportation costs, worker wages and other miscellaneous expenses are added, the profit will be pitiful.

   But if there is an offshore company, then you can sell the commodity costing one yuan to the offshore company at a price of 1.5 yuan or less, and then the offshore company will sell it abroad at a price of five yuan.

  Because the biggest advantage of an offshore company is that it does not have any tax, and after one pass in the middle, half of the tax can be avoided and the company's profits can be increased.

   This kind of operation is open and aboveboard and does not violate any laws.

  Although this has caused a certain tax loss to many countries, this loss is necessary.

   If local companies in various countries want to go out and make money from other countries, they can only minimize their costs.

   This is also the reason why countries turn a blind eye to this. Global trade and economy are crucial to a country.

   And those companies that can go abroad will be vigorously supported by any country. In times of peace, economic wars are more lethal than real wars.

   If a country can fully control the economy of another country, it can directly declare a peaceful occupation without fighting.

  Yang Chen asked Yuan Tianfan to register an offshore investment company. The biggest purpose was not to avoid tax, but because of the confidentiality of the offshore company.

   In the past, he didn't have a bank, and the money was in other people's hands. Everyone knew how much money it was, and if it was kept secret or not, it was of no use at all.

   But it's different now. He already has a bank, so he doesn't need to expose all his trump cards to the eyes of others, so naturally he needs to put on a coat.

   "I will let He Hongtao take over this company. If I have any action in the future, I will take you as the master and he as the deputy. You two will act together, but you should manage your own team and don't interfere with each other."

  Yang Chen glanced at Yuan Tianfan, and said lightly, "Do you understand?"

  Yuan Tianfan didn't think much about it, just nodded and replied, "I understand, boss."

   He knows that there are some things that he should know, and Yang Chen will naturally tell him, but if he shouldn't know, it's best not to inquire.

   Seeing that Yuan Tianfan didn't ask any more questions, Yang Chen nodded secretly, the other party was a sensible person, and he didn't have any dissatisfaction because of his own arrangements.

  Think about it too. According to his seniority, He Hongtao is a lot higher than him, and in terms of making money, he is even more incomparable.

   Yang Chen's current worth is mostly controlled by He Hongtao. Even if He Hongtao's role is not large, he has no credit, and there is definitely hard work.

   Now that Yang Chen said that he will take action in the future, he is the master and He Hongtao is the deputy. What else is there to be dissatisfied with.

  The meritorious work has not been accomplished yet, if he can't find the location, then Yang Chen might put him aside at that time.

  The reason why Yang Chen raised funds from the charter king and others was to put Hang Seng Bank on the table, while He Hongtao and others went underground.

   One bright and one dark, the bright ones are placed on the table, and he leads everyone to make money together, while the secret ones belong to his personal small treasury.

  Yang Chen nodded in satisfaction and said, "In a few days, Hang Seng Bank will establish a branch in London, then you can visit and receive Prince Charles and King Hassal.

Their investment amount is capped at 100 million US dollars, and it is enough to draw two of them. As for the people they introduce, they are the same as here. times. "

  Although everyone can definitely eat meat this time, if it is too high-profile, then there may be some trouble.

   What's more, he secretly has capital to operate.

   If it weren't for the fact that the UK's national strength was strong enough and the stock market was big enough, he wouldn't dare to pull everyone to make a fortune in war.

   Yuan Tianfan heard the words, and asked a little unsteadily: "Boss, what you said is true, we will open a branch in London in a few days?"

   "What? Is there a problem?" Yang Chen raised his eyebrows.

  "No" Yuan Tianfan's mouth twitched. Earlier, Hang Seng Bank had been restricted to Hong Kong mainland, not to mention London, even Wanwan, Southeast Asia and other regions did not have a branch.

   Now that Yang Chen has just taken over Hang Seng, he opened the branch, how long has it been since then?

   However, Yuan Tianfan was relieved when he thought of the person Yang Chen asked him to receive in the past.

  With the help of people like Charles, Hang Seng Bank did not need much trouble to open a branch in the past.

  Yang Chen ignored the change in Yuan Tianfan's expression, and said to himself, "After you pass by this time, stay there to get acquainted with the situation, find out the changes in the UK stock market, and practice your skills if you have the opportunity."

"Boss, what do you want?" Yuan Tianfan heard the words, and was stunned for a second. He didn't expect that the target Yang Chen chose this time would actually be the United Kingdom. on.

   Since Margaret Thatcher came to power in 1979, the Conservative Party has again begun to propose mass privatisations.

  The entire British stock market has also been volatile since the start of privatization. Opportunities and risks coexist here. What exactly depends on whether the Conservative Party represented by Mrs. Thatcher is tough enough.

   After all, Mrs Thatcher faced the entire working class, the ubiquitous guild power in Britain.

   Yang Chen didn't hide anything, just nodded and said: "Yes, my goal this time is the United Kingdom. No matter whether the British Conservative Party can fully promote the privatization reform this time, the British stock market will experience considerable fluctuations.

  This is an opportunity. As for how much money we can make, it depends on your ability, but don’t worry about it, take your time, and familiarize yourself with the situation first. After next year, everything will become clear. "

  Yuan Tianfan nodded, and then he couldn't help but say, "Boss, do you think that there is a better chance of winning?"

   Yang Chen pressed his chin and said, "I naturally hope that the United Kingdom can further promote the privatization process, so that we can also make more money.

   However, judging from the current situation, Mrs Thatcher's predicament is not small, and the form may not be optimistic. "

After speaking, Yang Chen said to himself: "Since the end of World War II, the economies of Western countries have recovered rapidly, but due to the impact of the oil crisis, the economies of Western countries have experienced stagflation as early as the 1970s, and some even fell into severe economic recession.

  High unemployment rate and high price increase rate have caused serious inflation in Western countries, which further restricted economic development.

  From 1979 to 1981, after Margaret Thatcher came to power, the number of unemployed people in the UK was as high as two or three million, and the unemployment rate reached a record 13%. "

   "The British economy has declined in all directions, and is now called the "sick man of Europe" by Western countries. "

   Speaking of this, the corners of Yang Chen's mouth couldn't help twitching up. The former empire where the sun never sets was called the sick man of Europe. At that time, when he saw the report of the foreign media, he laughed directly, feeling 'happy'.

   Yuan Tianfan couldn't help but smile when he heard this, but he didn't answer, but continued to wait for Yang Chen's next words.

   "The situation in the UK today, everyone knows that this is not the fault of Margaret Thatcher. Since World War II, the UK has implemented welfare policies and decades of nationalization, which has caused the British economy to lose its competitiveness in all aspects.

   Especially their taxation, since World War II, the British taxation is the highest among Western European countries, especially for those high-income groups, the implied tax rate in the form of poor tax is almost as high as 100%.

   This has directly caused a massive outflow of senior management talents and various high-quality professionals from the UK, further weakening the UK’s potential.

   The Conservative Party of Great Britain sees this and will actively promote privatization, in order to reduce the burden on the government and restore the British economy..."

As he was talking, Yang Chen suddenly stopped, changed his style of painting, and looked at Yuan Tianfan in front of him seriously and said, "This time, how much money you make is secondary, the important thing is to help me find out about the major high-quality products in the UK. The details of the enterprise, once the UK further promotes the privatization of state-owned enterprises, then it is our opportunity.

   Here, you need to pay special attention to the three major industries of communication, electrical and automobile. High-quality companies in these three industries need to focus on investigation. After you have figured out the details, you can send the information to me at that time. "

   The later Li Chaoren took advantage of the opportunity of Brexit to buy the UK in one fell swoop, and was once boasted that he bought half of the UK.

   To be honest, with Li Chaoren's property, even if he is rich, he can't buy half of the UK.

   The other party has only mastered a few livelihood industries, and the impact on the whole of the UK is not very big. If he really bought half of the UK, with the strength of the British democracy fighters, he can definitely make Li Chaoren disgraced.

   However, in fact, Li Chaoren was not driven back, but stood on his heels in the UK.

  The United Kingdom, as one of the strongest in the West, even if it is now in decline, in the entire Western Europe, only France and Germany, which will reunite in the future, can be compared with it.

   A firm foothold in the UK is equivalent to a firm foothold in Europe.

   Now that the UK is actively promoting the privatization process, this is a once-in-a-lifetime opportunity. If you miss it, you will have to wait for it later.

  For decades, the British Labour Party and the Conservative Party have been going back and forth between state and private parties.

   The two parties seem to be fighting each other, tearing down each other's platforms. The process in the middle can be described as sharp and colorful.

From 1945 to 1951, when the Labour Party was in power, the British government, in order to restructure the post-war economy and enhance the competitiveness of certain sectors, implemented the Bank of England, civil aviation, coal, railway, electricity, gas, telegraph and international radio, as well as some iron and steel enterprises. "nationalization".

   During the 1951-1964 Conservative Party in power, it began to privatize the steel industry and part of the transportation industry.

   After the Labour Party came to power again in 1964, the second "nationalization" climax was set off in 1967. The steel industry was "nationalized" again, and some ports, shipbuilding and aircraft manufacturing enterprises were nationalized.

By 1978, the British post, electricity, gas, coal, shipbuilding, railway, telecommunications and other departments were all "nationalized", and the proportion of state-owned components in steel, aviation, automobile, oil mining and other departments reached 75%, 75%, and 50% respectively. % and 25%.

   Like state-owned enterprises in all countries, British state-owned enterprises also suffer from poor management and serious losses, which have become a financial burden to the government.

   Therefore, when the Conservative Party came to power in 1979 and Mrs Thatcher came to power, a large-scale privatization program was launched again.

   Yang Chen is not interested in industries such as heavy industry, infrastructure and railway transportation.

   He is only interested in electrical and automotive, as well as three types of radio companies, especially radio, the British radio company is absolutely in the leading position in the world.

   As long as he can buy a radio company in England, he will definitely make a lot of money in the future.

   In later generations, domestic telecom, China Unicom, and China Mobile make money, needless to say.

  Radio is widely used in communications, broadcasting, television, remote control, automation, detection, etc.

   As long as he can master such a company and expand its business into the Asian region, then he will be able to lay down and make money in the future.

   As for electrics and cars, it goes without saying that electrics, if you master this, you will be a cash cow in the future. As for cars, the vast inland market has always been on Yang Chen's mind.

  Britain is now throwing out these good things and making it clear that they are giving people money. If he doesn't pick them up, he is really stupid.

  ——

   (end of this chapter)