Chapter 108 Entering the video game market!
Yang Ming still handed over the construction of the Empire Group Building to Merris to handle.

Meris is the general manager of the Imperial Group. He is more than one person, and there are many people who work for him.It's only about matters that are very important to the imperial group, so I have to decide with Yang Ming.

dinner time.

Yang Ming, Mai Lisi, Ma Shimin, Yang Jirong, and Li Yufang had dinner together.

After dinner, Meris and Ma Shimin drove away respectively.

Yang Ming was blowing some air in the yard, and a cool breeze blew.

Yang Ming went upstairs in a wheelchair.

Under the service of Ah Zhu and Zhong Chuhong, Yang Ming took a comfortable hot bath and returned to the study.

When Ah Zhu and Zhong Chuhong brought the newspaper.

Yang Ming first saw that many evening papers reported that the Wharf Group paid a high price of 5.6 million Hong Kong dollars to buy the land of Murray Building.

Not surprisingly.

The Murray Building plot is the land king of Xiangjiang this year and even in recent years.

When this news came out, it still caused a great shock in Xiangjiang.

In particular, Yang Ming, who was sitting in a wheelchair, was photographed by reporters.

"Boss, did your company spend so much money auctioning off the land?" A Zhu asked.

What is the concept of 5.6 million Hong Kong dollars?
Neither Ah Zhu nor Zhong Chuhong knew.

The two women know that many ordinary people in the bottom class in Xiangjiang now have a monthly salary of more than 1000 Hong Kong dollars, and some who have just been smuggled from China or Nanyang may not necessarily earn hundreds of Hong Kong dollars a month.

Of course, when the two women saw the big bag of cash worth 1 million Hong Kong dollars that Yang Ming gave to Shen Yan, the two women might have some concept of money.

"A lot of money indeed."

5.6 million Hong Kong dollars, whether it is now or in the next 50 years, is definitely a huge sum of money that ordinary people will not be able to earn in a few lifetimes.

. . .

Take a night off.

Early the next day.

Yang Ming got up, washed his face with A Zhu's help, came down from upstairs, exercised in the garden, and started to walk slowly while supporting the two girls.

His physical recovery does not happen overnight, but takes a long time.

However, it has recovered fairly well recently.

When others think that Mr. Yang will be a wheelchair for the rest of his life, he can actually travel short distances by himself.

In Zhong Chuhong's view, if Young Master Yang really walked like an ordinary person, it would be perfect.

Yang Ming finished breakfast with his parents.

Get into the Rolls Royce.

Drive to Federal Building.

Get out of the car and take the elevator upstairs.

Yang Ming first returned to the chairman's office in a wheelchair. Lin Xiuzhi, who had already come to work, made Yang Ming a cup of coffee.

"Boss, Wharf paid a high price to auction off the plot of Murray Building."

It was on the news in the evening paper last night, and Lin Xiuzhi also saw the news at home.

I was surprised just now.

In Xiangjiang, housing prices in the Central District of Xiangjiang are very expensive now.

Now the boss's Wharf even costs more than 5 million Hong Kong dollars to buy even a piece of land, which is really outrageously expensive.

She felt that this flour was more expensive than bread, and the rent of the office building to be built at that time would be able to recover the cost.

What's more, it will cost a lot of money to build an office building at that time.

"Yes, there will be the headquarters of our Imperial Group."

Imperial Group headquarters?

Lin Xiuzhi was even more surprised.

It's normal to think about it, after all, it is one of the most prosperous areas in Xiangjiang Central District.

9:00am.

"Lin Xiuzhi, go and call Meris and those 14 people to the conference room for a meeting."

Lin Xiuzhi went to inform the other 14 people.

Hunt, Jason, Alva, Andy, Arnold, Budwig, Barlow, Bud, and Hayley and Miss Carrie.

Tang Shilian, Li Yongfeng, Wang Shan, Xu Qingsheng.

Yang Ming's earliest staff consisted of 15 people.

It's all here now.

Now except for Lin Xiuzhi who is Yang Ming's assistant secretary.

Tang Shilian is the chief financial officer of Imperial Group.

The other 14 are now in charge of major stock markets around the world.

Except for these 14 people, they now have five to ten subordinates respectively.

"Everyone, let me tell you a piece of news. We are cooperating with Huifeng Bank. Huifeng Bank will invest 100 billion Hong Kong dollars in the Imperial Group in the first year, and Huifeng Bank will obtain ten points of net profit."

Ten pips of net profit.

If it was before, Merris and others felt that the profit was very high.

For many financial companies, the net profit of two or three points a year is even lower.

The ten points that Yang Ming gave to Huifeng Bank's annual profit were indeed very high, which was equivalent to doubling the annual profit of Huifeng Bank in one year.

These people knew about Yang Ming's earnings in the stock market. A normal day's stock market trading would exceed 80 points, let alone a year. They no longer knew how to calculate it.

Hunter and the others knew that Huifeng Bank did that because it dared to invest in the Imperial Group because it saw the profit of the Imperial Group's stock listing.

"Boss, are you planning to invest the funds of Huifeng Bank in the stock market?" Li Yongfeng asked.

What Li Yongfeng said was to make money from the stock market through the funds of Huifeng Bank. Except for the ten points of profit that belonged to Huifeng Bank, the rest was naturally the Imperial Group.

For Imperial Group, such short-term investments are not necessary or necessary at all.

The Imperial Group has enough short-term investment funds, so there is no need for it.

As for long-term investment, like Buffett, it is actually not bad.

Yang Ming felt that it was unnecessary to waste so much time.

For him, time is as important as money.

Buffett doesn't know the stock market tomorrow, or the changes in the stock market in a short period of time. Yang Ming knows how much the stock market will rise or fall tomorrow, so there is no need for that.

"No, I'm going to enter another industry."

Now the money in the stock market can make profits through this, and it can already make continuous profits.

It is impossible for Huifeng Bank to invest in it no matter how much money it has.

"Boss, don't know what industry it is?"

"Electronic games."

Electronic games?

If it's in the 80s, 90s, it's the 21st century, even rural kids know what it is.

Now in Xiangjiang in the late 70s, video games were still very strange.

Except for Meris who had heard Yang Ming say it in advance, the others looked at each other, as if they didn't know what it was.

"Arcade? Who of you has heard of it."

Coin-operated arcade machines in a broad sense can be traced back to the 1920s. The types include pinball machines, coin-operated electric mechanical games, claw machines, and coupon-type amusement machines.

Arcade machines in a narrow sense refer specifically to commercial electronic games operated in a coin-operated box in the form of computer programs.

Games that run on arcade machines are called arcade games.

In 1971, the world's first arcade machine was born in the computer laboratory of M country.

In 1972, the "Soldier" arcade machine was released, which is a coin-operated arcade machine using integrated circuit TTL.

In 1973, the "Soldier" arcade came to Toyo.

Toyo's Taito Co., Ltd. believed that there was no market for this extremely high-priced game, so it gave up the exclusive agency of "Soldier" arcade machine, and instead cooperated with Sega.

Soon, "Soldier" triggered a rush of Japanese companies to enter the arcade game market.

The success of "Soldier" shocked all employees of Taito Co., Ltd.

The integrated circuit was a symbol of the latest technology at that time, and it was not expected that it could be applied to coin-operated arcade machines.

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