The world begins with Hong Kong movies

Chapter 655 A Highly Profitable Industry! (Seeking Monthly Tickets)

That's right, Wu Aiguo and Huo Daheng from Hong Kong joined forces to do pager business.

Pagers entered the commercial field from the laboratory in the 1960s.

However, the United States was not a suitable place for the development of pagers.

The higher the population density, the higher the commercial returns, and vice versa.

The major cities in the United States have a really large area, but the population density per unit area is not high.

Otherwise, even if Wu Aiguo and Huo Daheng joined forces to obtain the sales rights for pagers in East Asia, they wouldn't only have received a paltry 500,000 dollars.

That's right, the sales authorization for pagers in East Asia was only $500,000.

This was because the other party specifically increased the price after seeing that the buyer was of Chinese descent.

If it were a foreign company, the price would be at least tens of thousands of dollars lower.

Wu Aiguo was worried that something might go wrong along the way, so he reluctantly agreed, his only request being to get it done as soon as possible.

In fact, the Chinese man who came forward to purchase the pager sales license was a front man hired by Huo Daheng.

Given Huo Daheng's status, if he were to directly participate, either the licensing price might double, or the deal might not even go through.

To be honest, at the beginning, Huo Daheng also felt that this business deal didn't seem very reliable.

If Wu Aiguo hadn't left a good impression on Huo Daheng beforehand, and if Wu Aiguo hadn't sent someone to deliver ten kilograms of gold as start-up capital, Huo Daheng might not have done this.

Getting a white glove and purchasing a sales license isn't that complicated.

The real trouble is yet to come.

Signal base stations need to be set up in busy areas of the main island and Kowloon Peninsula.

Fortunately, Huo Daheng owned enough properties to set up the pager signal base stations on his own properties, so there was not much of a commotion.

To enable call services, you'll need the cooperation of the telephone company.

After exchanging telegrams with Wu Aiguo, they directly gave Hong Kong Island Telegraph Company enough benefits and profits, and pagers could finally be distributed.

Fortunately, this thing is indeed very effective at finding people!
With just a little promotion, it immediately became a hit among high-level white-collar workers, which led to sales of 20,000 units.

When the accounts were tallied, even Huo Daheng was shocked by the enormous profits involved.

The machines were purchased from the United States, and each one cost less than a hundred dollars.

However, the selling price is five thousand Hong Kong dollars, plus a one thousand start-up fee!

Profits easily reach over 500%, which is quite outrageous.

How long has it been?

Huo Daheng could earn tens of millions just from the profit share of pagers.

What is this concept?
Even in real estate, you can't make money this fast or this amazingly.

Huo Daheng came here mainly to discuss the follow-up matters of the pager business and needs Wu Aiguo's guidance.

There was no way around it; Wu Aiguo's performance was just too 'divine'.

Without his strong push, Huo Daheng would never have noticed such a novelty as the pager.

To put it bluntly, he's just a traditional businessman. In fact, there are other tricks involved in selling pre-sale apartments in Hong Kong's real estate industry, but even if they're elaborate, so what?

Ultimately, they were no different from landlords of the past, single-mindedly focused on land and using it to make a fortune.

Wu Aiguo's idea is very simple!
Rapidly expand the pager business, ideally extending it to East Asian countries.

Major cities in East Asian countries are the best market environment for pagers.

Even if you only get a tiny share of the profits once you get in, it's still an amazing fortune.

In addition, the channels that have been established will be of great use in the future!
Pagers can make money for a long time, and when mobile phones come out, they can make a fortune again.

Moreover, if Huo Daheng were to participate in the communications business of East and Southeast Asian countries, even if it were only a small part, it would still have a tremendous influence.

There's no point in saying too much about some things now.

The pager business alone was enough to place Huo Daheng's wealth in a class unmatched among the richest Chinese in Hong Kong.

It's 1971 now. The lucrative light industries like plastic flowers and clothing are nothing compared to the profits of technology and consumer electronics.

It might not even be as profitable as the various types of bicycles and motorcycles that Wu Aiguo produced through the Gulou Factory in Beijing.

As for the business of jade and gemstones, it can only be considered an add-on.

Wu Aiguo would not follow Myanmar's example and export large quantities of jade and gemstone raw materials, as that would be too wasteful.

He recalled that in his previous life, he had conducted a detailed data analysis on Myanmar's jadeite raw material exports.

Before China's economic boom, the annual jade raw material trade fairs organized by the Myanmar government only amounted to one or two hundred million dollars each year.

In reality, Myanmar's annual jadeite raw material trade volume is at least ten times that amount, but the lion's share of the profits is embezzled by certain individuals and forces.

Furthermore, how did the well-known border city of Tachileik and the Siamese city of Mae Sai on the opposite side develop?

Wasn't it the trade in jade and gemstones that gradually brought prosperity to the two border towns across the river?
Now that Wu Aiguo has become the ruler of northern Myanmar, he certainly will not allow such things to continue.

In fact, while the Northwest Branch was developing rapidly, the once thriving business in places like Tachileik and the opposite city of Semenyih plummeted, causing quite a stir.

Most of the people in Siam who specialize in trading jade and gemstones are wealthy Chinese and overseas Chinese.

If their supply is cut off, can't they only make up for it in other ways?
Wu Aiguo had been in the jewelry business in his previous life, so he naturally knew the ins and outs of it, and where the bulk of the profits were.

Rather than letting those so-called tycoons who specialize in jewelry profit, it's better for the Northwest branch to make the money themselves.

Right now, doing business with the Hong Kong businessmen brought by Huo Daheng is just a trial run.

Wu Aiguo wanted to make money, and the construction costs of his territory, as well as other expenses, amounted to a considerable sum.

Relying solely on land production is clearly unreliable.

Given the current situation in Myanmar, even if the Northwest Branch has a lot of grain, who can it sell it to?
As for other local specialties, they mostly face the same problem.

In fact, making money in this era is not difficult, but making a lot of money is very troublesome.

The financial markets, especially those in the midst of daily life, are not so easy to navigate.

The development of other Asian countries is in its initial stage, and there aren't many opportunities to exploit them.

After much deliberation, Wu Aiguo realized that investing in Europe and America was too risky and could easily spiral out of control. Ultimately, he could only focus on Hong Kong, where the economy was performing quite well, as it was currently the best source of funds.

Soon, there will be a great opportunity to reap the rewards!
(End of this chapter)