In Hong Kong, we build a global business empire

Chapter 150 Spending money like water, no money again
After handing over the Huafeng Cement Plant to Qingzhou Yingni Company, Burton acted very quickly.

The next day, he personally led a group of management personnel from Qingzhou Yingni Company to take over the Huafeng Cement Plant.

Director Xiao of Huafeng Cement Plant was also officially incorporated into the management of Qingzhou Yingni Company and became a middle-level manager.

Huafeng Cement Plant is a small plant, while Qingzhou Yingni Company is a large plant. Being transferred from the director of a small plant to a middle-level manager of a large plant is not considered a demotion. On the contrary, for Director Xiao, the future prospects are even greater.

On the third day after returning from Yuen Long, Su Zhixue called Lin Haoran to tell him an embarrassing news: "Boss, there is no money in the stock account."

Having no money means that we can no longer buy shares of Hong Kong Electric Company Limited.

Lin Haoran frowned. Did he have to ask the bank for another loan?

Because he didn't have much money on hand.

In July, after acquiring 7 million shares from the shareholder of Hong Kong Electric Group, he only had about HK$4400 million in funds left.

By August, Lin Haoran's Qingzhou Cement Company and Wan'an Group had been completely privatized, so he settled another HK$8 million in fees with the Huoduoli Company. These fees included funds raised from nearly 8500% of Qingzhou Cement shares and nearly 24% of Wan'an Group shares, as well as a small portion of interest paid by Lin Haoran to the Huoduoli Company and privatization business expenses.

At this point, the two listed companies were successfully and completely privatized. Although there was still a small number of shares that could not be recovered during the mandatory share recovery during the privatization period, it was not a big deal. If they did not sell those small shares, they would not get dividends, and when they wanted to sell them, they could only recover them at the final price.

In other words, if this small group of shareholders do not want to sell, they can forget about the appreciation of their stocks if they keep holding on to them; their stocks will just be a piece of waste paper in their hands.

Three days ago, Lin Haoran settled a loan and interest of HK$5250 million to Yumin Financial Company. As a result, he only had more than HK$ million in available funds.

However, these more than 70 million Hong Kong dollars were almost spent in these two months when Universal Investment Company acquired shares of Hong Kong Electric Group.

"How many shares of Hong Kong Electric Group do we have?" Lin Haoran asked.

"Boss, we currently hold 11880 million shares of HK Electric Group, accounting for approximately 18.86% of the total shares of HK Electric Group. The share price of HK Electric Group has been rising in the past few months, and we dare not buy it too quickly. Now the stock price of HK Electric Group has risen to HK$2.85 per share." Su Zhixue replied.

"Okay, I got it. I will solve the funding problem. I will notify you when the money is deposited." Lin Haoran said directly.

After hanging up the phone, Lin Haoran felt a little sad that the money was still not enough!

Fortunately, the loan from Hang Seng Bank has a repayment period of two years, otherwise if he had signed a one-year contract, he would have to repay the funds in the near future.

You still need to continue to buy shares of Hong Kong Electric Group, otherwise the share price will get higher and higher. The later you buy, the higher the cost will be.

For example, two months ago, the stock price was between HK$2.4 and HK$2.5 per share, but now it is HK$2.85 per share. It is estimated that in less than a month, the stock price will rise to more than HK$3 per share.

The most important thing is that Lin Haoran knows that the more stocks he buys now, the larger the share he will have, and it will be easier to take over the Hong Kong Electric Group in one fell swoop later.

Moreover, even though the current increase is not fast, Lin Haoran knows that the stock price will rise even faster starting next year.

Until the real estate crash in 1982, stock prices had risen at an alarming rate.

It is only 1979, just the beginning of the bull market.

In other words, the share price of Hong Kong Electric Group continues to rise. This is not because the share price is pulled up by Universal Investment Company, but because the overall stock market environment is like this.

It's not just the shares of Hong Kong Electric Group that are rising, but the vast majority of stocks in the Hong Kong stock market are rising.

After all, the stock market is booming right now.

Given Lin Haoran's current situation, it is not difficult for him to raise money. He is the most welcome person in any bank, and financial companies are eager to have you lend money.

In addition, Wan'an Group and Qingzhou Yingni Company currently own a lot of land and properties, any part of which can be converted into cash.

However, his main expenditure now is only the purchase of shares from the Hong Kong Electric Group; as for the land and properties, they have only increased a little now, and he is not satisfied.

These are mainly the shares of Universal Investment Company, and the absorption speed cannot be fast. Once too many are absorbed at once and investors know that there are financial backers eyeing the shares of Hong Kong Electric Group, it will easily lead to excessive increase in the shares of Hong Kong Electric Group.

If his reckless buying resulted in the share price doubling or even more before he had enough funds to take over Hong Kong Electric Group, he would really be in tears.

At least he can accept the current increase. If he can endure for another three months, he will have enough funds to take over the Hong Kong Electric Group.

This is also the reason why Universal Investment Company spent more than HK$70 million in just two months to acquire more than 20 million shares of Hong Kong Electric Group.

If you don’t have money, that’s easy to solve. Just get it from Aigo.

In early July, Aigo Company paid out HK$7 million in dividends, and now it is mid-September.

Since then, Aigo has not paid any dividends.

After the dividends, Aimego earned a profit of more than 7 million Hong Kong dollars in July, which was the most profitable month since Aimego was founded.

Subsequently, in August, the record was broken again, with a profit of more than 8 million Hong Kong dollars.

This profit has doubled compared to May.

The American and European markets were in full bloom, and Aigo made a lot of money in the past two months.

It is already half a month into September, and although we cannot compare with August, the number of orders has only decreased slightly.

If nothing unexpected happens in September, the order volume should be similar to that in July.

If such crazy profits were exposed, it would definitely shock the whole of Hong Kong.

However, Liu Luanxiong will naturally not be exposed, and other fan manufacturers that are also targeting the North American market will not be exposed either, because everyone knows that they cannot bring too many fan manufacturers into the North American market, otherwise how can they make money?

The fan factory owners who are active in the North American market are naturally very clear about the situation in the Middle East market.

As for why orders have skyrocketed so dramatically, it all comes down to oil.

This month, international oil prices broke through $40 per barrel.

Oil prices all over the world have gone through the roof.

In less than a year, the price has risen from more than $12 a barrel to the current $40 a barrel. What an exaggerated increase!

At the beginning of June, Lin Haoran sold his crude oil and earned US$6 million, which is equivalent to HK$1.4 million in Hong Kong dollars.

If he had held on to the crude oil until now, it would be worth US$1.92 million, which, converted into Hong Kong dollars, would be around HK$10.2 billion.

In just over three months, Lin Haoran lost nearly 3 million yuan in profit. However, he did not regret it.

Because of the funds he had raised in advance, he had already made a fortune in gold futures.

In addition, he used this money to secretly become a major shareholder of Hong Kong Electric Group, and now holds nearly 20% of the shares.

In addition, these funds were also used to do many things in other places.

So, selling crude oil in advance is all worth it.

There are gains and losses in everything you do. It is enough as long as you feel it is worthwhile.

The crazy rise in oil prices naturally caused a chain reaction, causing many industries to fall into difficulties and the world economy to become increasingly sluggish.

When the economy is in recession, people's income will naturally shrink significantly, including in developed countries in Europe and the United States.

Especially in these developed countries, the unemployment rate has skyrocketed due to the oil crisis.

Not only that, prices continue to rise and inflation is becoming more and more serious.

At this time, it will naturally lead to everyone's overall income shrinking.

Therefore, under the national call for frugality and everyone's conscious efforts to cut spending, despite the hot temperatures this summer, many families in difficulty are reluctant to turn on the air conditioners.

According to investigation reports by news agencies, this year's air conditioner sales have plummeted compared to last year. Many air conditioner manufacturers originally thought that this year's air conditioner sales would be good, and they stocked up a lot of goods in the spring. However, after entering the summer, sales were very average, resulting in serious losses for many air conditioner manufacturers.

It would be unbearable to not turn on the air conditioner, but the hot weather, so fans become everyone's first choice.

Although fans are not as cool as air conditioners, we can still get by. Most importantly, fans don’t use much electricity in a day and are cheap, making them much more cost-effective than air conditioners.

This is also the reason why the fan market has been so crazy since the beginning of this summer.

By the end of July, the productivity of the two industrial buildings was no longer sufficient to keep up with the sales of orders. After discussing with Lin Haoran, Liu Luanxiong even rented another industrial building.

The production lines in the three industrial buildings worked day and night and finally met the production needs of the order volume.

Compared with that little rent, it is a hard truth to accept a large number of orders when the orders are surging.

After all, such opportunities to make money are not always available.

So, Lin Haoran came to the AMG factory in Kwun Tong again.

It’s a busy scene inside the factory.

In the past few months, Lin Haoran has come here more often.

Although I don't come every day, I can basically come once or twice a week.

Occasionally, when Liu Luanxiong needs to go on a business trip to Europe or America, Lin Haoran will also come here to help.

Although he knows nothing about the management of a fan business, he can still come here to manage the situation.

When he arrived at the office of Aigo Company, Lin Haoran was not in a hurry to find Liu Luanxiong. At this moment, he must be busy in a production workshop.

The first person he wanted to look for was Li Meihui, the financial director of Aigo.

I looked at her loyalty and there was no problem, which means she is trustworthy.

After the last corruption incident involving the financial director of Qingzhou Yingni, Lin Haoran has become more trusting of this golden finger.

Normally, this loyalty does not play a big role, but at critical moments, it can enable him to identify the loyalty of employees, and this is when its role comes into play.

"Director Li, how much money is there in the company's account?" Lin Haoran asked directly as he entered the finance office.

"Mr. Lin, there is currently 13652 million Hong Kong dollars in the account, and there is another 1392 million Hong Kong dollars of payment for goods that has not been settled. Once our goods arrive in three days, the payment will be directly credited to the account." Li Meihui reported directly.

Lin Haoran nodded, not surprised.

Over the past two months, he has come here frequently and has long known the revenue situation of Aigo Company.

After learning the specific amount of funds, Lin Haoran already had an idea.

So he left the finance office and came to the negotiation room, drinking tea while waiting for Liu Luanxiong.

About half an hour later, Liu Luanxiong, who learned that Lin Haoran was coming, finally returned to the office.

"Haoran, are you waiting for me? Is there something wrong?" Liu Luanxiong walked in, looked at Lin Haoran drinking tea leisurely, and asked curiously.

At this moment, Liu Luanxiong smelled of sweat all over.

"Well, Axiong, I have something to discuss with you." Lin Haoran said after pouring a cup of tea for Liu Luanxiong.

"Haoran, just tell me what's going on." Liu Luanxiong took a sip of hot tea and said casually.

Now, as his wealth has skyrocketed, his self-confidence has also skyrocketed.

"The company's account already has more than 130 million Hong Kong dollars. It would be a waste to keep such a large amount of money in the company's account. It would be better to use it for dividends." Lin Haoran directly stated his purpose.

Each person can get more than 60 million Hong Kong dollars from this fund, which can help Huanyu Investment Company to hold on for a while.

When they have spent most of their money, they can naturally distribute dividends.

If we get one more dividend, we can hold on until the harvest from gold futures.

"Okay, I also agree with the dividend, Haoran, if you didn't mention this, I would have told you about it. Thank you so much for reminding me to buy land last time, so I used the 40 million Hong Kong dollars to buy land.

Guess how much these plots of land are worth now? A real estate company boss approached me, hoping I could sell the land, and he directly offered 50 million Hong Kong dollars.

In just two and a half months, the currency has increased by 10 million Hong Kong dollars. I didn't expect that. You don't have to do anything but wait for the appreciation. It's so easy to make money.

But you once said that real estate will continue to rise sharply, so I decisively rejected the other party. I thought it would be more cost-effective to continue to use the dividends to buy land. Such appreciation is much more cost-effective than putting the money in the bank to get that little bit of interest! "Liu Luanxiong agreed to this idea without thinking twice.

(End of this chapter)