Reborn in America: Starting as a California Resident
Chapter 87 Aftermath
As sci-fi arcade games rapidly expanded in the global market, a flood of US dollars poured into the company's accounts in Hong Kong.
Such a sight surprised even HSBC employees who were used to seeing big storms, and they were all amazed by the remarkable performance of this emerging company.
Privately, they even speculated about the magic of this newly acquired arcade assembly company that could attract such a huge influx of funds.
In an era dominated by real estate, banking, shipping, and retail, people in Hong Kong generally believe that only by venturing into these sectors can they find the true path to wealth.
Even the once-glorious jewelry industry is now merely a dim star, struggling to maintain its position.
The manufacturing industry, in particular, is often overlooked and relegated to the most obscure corners of society.
The public views it as being at the very bottom of the socio-economic chain.
What if someone wanted to improve their quality of life through manufacturing?
People will only say he's daydreaming!
Earning money through hard work and physical exhaustion is nowhere near as appealing as getting rich quick by speculating on real estate from home!
Just when everyone thought this was the road to success, no one expected that a small arcade company could break the mold and receive a total of $2.13 million in remittances from customers around the world in just over a month.
This result is truly astonishing.
(Henry opened a new account at Bank of America, where most of America's business funds were held.)
Such astonishing results naturally attracted the attention of HSBC's top management, and the account activity of the sci-fi arcade game directly touched the nerves of all the bank's middle and senior management.
At the beginning of the month, at a senior management meeting, Pewter, who was in charge of the international business department, specifically reported to Mr. Shambaugh about the situation of the Sci-Fi Arcade account: "Mr. Shambaugh, the recent cash flow of Sci-Fi Arcade's account has far exceeded our expectations."
At the beginning of this month alone, the company's account had already received more than $2.13 million in payments...
Upon hearing this, Shen Bi frowned: "Science fiction arcade game?"
Is it the factory that the Getty family acquired a little over a month ago?
Could this be some kind of misunderstanding?
How could that small factory possibly have such a large cash flow in just one month?
In fact, apart from the fact that when Henry first arrived in Hong Kong, Sir Michael Sandberg personally attended the welcome dinner that evening to demonstrate HSBC's stance to the American high society;
At other times, he never paid any attention to Henry or his business.
After all, at that time, although Henry had achieved some success, it was still not enough for Shen Bi to regard him as an equal in dialogue.
Henry had always dealt with Fred Sassoon, the heir to the Sassoon family.
Although Sir Michael Sandberg had heard of the sci-fi arcade games that had recently become popular in Hong Kong, he had never taken them seriously.
After all, Sir Michael Sandberg's position was too high, and his daily affairs mostly involved broader international financial strategies and cooperation with major multinational corporations. His understanding of popular cultural phenomena among the common people and emerging small businesses was inevitably somewhat lagging.
If it weren't for the remarkable success of the sci-fi arcade game in such a short time, it might not have attracted the attention of HSBC's top management.
Upon hearing Simplicity's question, Pewter immediately understood Simplicity's concerns.
He quickly organized his thoughts and gave a detailed explanation: "Mr. Daban, we have carefully checked your concerns three times and sent a fax to the remittance bank and confirmed by phone."
The final results showed that these transactions were indeed genuine and valid.
The sci-fi arcade game achieved unexpected success in the United States by licensing exclusive sales rights to local distributors.
The main remitters are currently large game distribution companies in the United States, with $8500 million flowing in from Deutsche Bank in New York alone.
"So, this arcade company has changed a lot lately!"
When Shen Bi heard the report from Pewter, he could hardly believe it.
How could a third-rate factory that was originally responsible for assembly have monthly profits exceeding those of the century-old HSBC?
"And that's not all, we're also enrolling in large classes."
Pu Weishi added, "I've also heard that large sums of US dollars have been deposited into the bank accounts of the video game company jointly established by Sci-Fi Arcade, Sun Yee On, and Bamboo Union."
However, due to the large number of banks involved and the fact that some transactions were conducted through overseas channels, we were unable to fully ascertain the true amount.
Although banks share information from time to time, they also compete with each other.
Therefore, even though each bank knows that Sci-Fi Arcade has a large amount of money deposited in other banks, based on the principle of protecting customer privacy, none of them will disclose the specific amount.
Sir Michael Sandberg gently adjusted his glasses, shifting his gaze from the report to the bustling Victoria Harbour view outside the window: "And what about their expenditures?"
"Their expenditures are indeed considerable. In addition to purchasing components, they are also actively purchasing production equipment and acquiring and building factories."
The investigation revealed that the construction team that built the factory for them worked almost day and night.
We tried several times to contact them for loan services, but they refused each time, citing that their boss had temporarily returned to the United States.
"So, how do you think we should deal with this situation?"
Seeing the challenging look in Sir Michael Sandberg's eyes, Paul Wright organized his thoughts for a moment before saying, "Mr. Sandberg, judging from the financial data, the sci-fi arcade game is indeed performing strongly."
However, I personally have some reservations about the sustainability of this emerging market.
While arcade games are very popular now, it remains to be seen whether they can become a long-term, stable business.
It's important to understand that the entertainment industry changes faster than we expect, and consumer preferences can change overnight.
Furthermore, the arcade industry will face increasingly fierce competition, especially as technology advances and other forms of video games may seize market share...
"So, let's upgrade their customer status and closely monitor their development!"
Deep down, Shen Bi wasn't particularly optimistic about the arcade industry, which relies heavily on creativity and market trends.
Therefore, after listening to Puweishi's advice, he made a decision accordingly.
"Ring ring ring".
Just as Simp was preparing to give further instructions, the dedicated phone line in front of him suddenly rang.
Upon seeing this special telephone, Sim Bi's expression immediately turned serious.
He gestured for everyone in front of him to leave the meeting room first, then answered the phone himself, respectfully greeting, "Mr. Michael, good afternoon. What are your instructions?"
This so-called Michael is Michael Sassoon, the head of the HSBC Sassoon family in 1979.
The next moment, an elderly man's deep, resonant voice came from the other end of the phone: "Hehe, Mr. Shen Bi, good afternoon."
"I'm bothering you today just to get you ready for the Hutchison Whampoa equity transfer agreement."
Sci-Fi Arcade will send their personal lawyer today, who is expected to arrive in an hour.
We need to ensure that all legal documents are accurate.
"Hutchison Whampoa?!"
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