Chapter 401 Ah Wei, Stop It

"What does the Executive Council say?"

After the butler Xio served the tea and left the study, Fang Xiang took the lead in opening the conversation.

“Just as you guessed.

Asked me why I wanted to acquire so many film companies, TV stations and communications companies in Hong Kong.

I said, you don’t allow Great Wall Industrial to do real estate, you don’t allow it to do this, you don’t allow it to do that.

Then let’s change our career.

Then the director of the Administrative Bureau, Zhong Liang, asked me if I wanted to create a monopoly.

I said we are not stupid. Hong Kong has anti-monopoly laws. The film company is owned by Shaw Family, half of TVB's shares are in the hands of the Shaw Family, and there are also a lot of small TV stations. How can we have a monopoly?

Zhong Liang told me not to bluff him, as he believed that Great Wall Communications had already established a de facto monopoly in Hong Kong Island.

I said it's impossible. There are still many small telecom companies and we will not monopolize. If you think we are monopolizing, you can support those small companies.

Then Zhong Liang said he would make me look good.

I said I’d wait.”

As Yang Zhongwei spoke, he made exaggerated movements and expressions, almost making Fang Xiang laugh.

"Nothing else?"

Fang wanted to hold back his laughter and asked.

"Before leaving, Zhong Liang told Great Wall Industrial to stop doing anything tricky."

Yang Zhongwei raised the corner of his mouth.

“I guess they think we are still covering up after acquiring so many companies.

I think we will have big moves in the future. Professor, are you hiding something?

What to do next round?

Yang Zhongwei took out a cigarette and lit it for himself, then asked with a smile:

“That’s all we can do on Hong Kong Island right now.

As for other industries, either we cannot do them or there is no money-making prospect for the time being.

There are still several pieces of land now.

Say hello to CITIC and China Merchants Group and tell them that you are ready to take over."

Fang Xiang smiled and shook his head.

It seems that not only Yang Zhongwei, but even the Hong Kong government is now highly nervous.

They all thought they had some backup plan.

However, Fang Xiang really doesn't plan to do it. Apart from the current electronics industry, which still has a bright future, Fang Xiang either doesn't understand other industries, or hasn't thought about them, or there won't be much profit to be made in the future.

In twelve years' time, Hong Kong Island will be returning home. The Hong Kong Island government and John Bull are eager to scrape every ounce of Hong Kong Island left and make as much money as possible.

If I were to get involved in a few more industries, I'm afraid it would cause a violent backlash from them.

To be honest, if it weren't for the purpose of providing early cover and then taking over the communications and media industries in one fell swoop, the entertainment industry would not want to get involved at all.

After all, it's not presentable!

"The land was sold to CITIC and China Merchants Group? Not to Cheung Kong and several other real estate companies?"

Yang Zhongwei opened his mouth suddenly.

“Well, it wasn’t said at the beginning that all the land had to be transferred to those companies.

They have no money now and can't afford to buy land, so can't we sell the land to others?"

Fang Xiang nodded. He thought that Yang Zhongwei’s surprise would be a bigger headache for the Hong Kong government and several other real estate companies.

“Then we still have hundreds of millions in our account.

After deducting half of the money that needs to be handed over to the state, there is still nearly 20 billion yuan left. What should we do?

Is there really no more projects to do later?"

It is obvious that Yang Zhongwei is still not satisfied with the companies he acquired before.

"That's enough, stop it, if you do too much, it will cause a backlash.

You prepare 2 billion yuan in funds in the account to be used for the daily expenses of the group.

Let’s transfer those previous real estate people to CITIC and China Merchants Group, and as for the rest, we should streamline the staff as much as possible and replace them with practitioners in the industries we have acquired.

Then, as for Great Wall Electronics, you need to leave enough funds to replace their better and more advanced research equipment and production lines.

This is the pillar industry of the future.

At the same time, I have a big plan for the Shanghai Stock Exchange in the future, which is no less than that of GAC, so you should also leave some money.

The rest will be converted into Japanese yen.”

Fang Xiang waved his hand and rejected Yang Zhongwei, whose appetite was not satisfied.

Now is the time to transform Great Wall Industrial.

In Yang Zhongwei's opinion, there is not much future in the film and media industries. In fact, Fang Xiang also thinks so. It looks very exciting, but the pie is actually so small.

The purpose of buying it is more to gain an advantage in future public opinion.

It is understandable that Yang Zhongwei is not optimistic about the communications industry.

Speaking of which, the communications industry is a sunrise industry, but currently most, no, almost everyone does not know how big the communications industry can be.

Especially with the newly established Great Wall Electronics, it can not only share resources with Great Wall Communications, but also provide great help to the domestic automobile industry.

According to Fang Xiang's idea, Great Wall Electronics will be the biggest competitor of TSMC and Samsung in the future.

Of course, this requires that you are motivated enough.

"No problem. How much funds have been reserved in the Shanghai Stock Exchange? Two billion?

According to what you just said, at least 10 billion yen can be left in the group account, and all of it can be used to buy Japanese yen?

Didn’t you say that Great Wall Industrial should not be allowed to participate in finance? "

Yang Zhongwei nodded.

With 2 billion in circulating funds, Great Wall Electronics will only use a few hundred million at most, let's say 500 million, and reserve another 2 billion for Fang Xiang, which is less than 5 billion.

If we sell the land again, we can earn another tens of billions, which will leave us with more than ten billion.

“Let’s keep 2 billion for now, and we’ll deal with it later if it’s not enough.

The original agreement was not to participate in finance in Hong Kong Island, but we can buy Japanese yen. So where can't we buy it?

There are too many financial centers in the world for John Bull to manage them all.”

Fang wanted to wave his hand again.

In fact, if Great Wall Industrial stops now and starts buying Japanese yen instead, John Bull would probably be happy to see it.

After all, John Bull’s goal is to prevent Great Wall Industries from staying in Hong Kong Island. John Bull doesn’t care where the money flows out.

These 10 billion Hong Kong dollars may sound like a lot, but in fact, they are only more than 3 billion US dollars. For a group, it is a huge amount of money, but for a country, it is not worth mentioning at all. They will most likely not care, but will be happy instead.

“Is there any news from Yen?

Can we buy it?

After Yang Zhongwei nodded, he suddenly remembered something and his eyes lit up.

"You can buy it. You can only buy as much as you want. The yen plate is so big."

When Fang Xiang heard Yang Zhongwei's words, he laughed instantly.

I just want to earn some pocket money.

After the Plaza Accord was signed, the amount of funds involved in exchanging dollars for yen reached trillions.

The tens of billions of dollars from the securities company are just a small splash, and Yang Zhongwei's desire to make some pocket money with the group's top executives is even less significant.

Naturally he won't refuse.

"Okay, I'll go buy it now!"

Yang Zhongwei thought he had received some confidential information and was extremely excited.

"Don't worry. I saw in the report from Great Wall Electronics that you appointed Chen Jiarun as the general manager?"

Fang Xiang interrupted Yang Zhongwei's thoughts and changed the subject.

“Yes, he is young, has ideas and is energetic.

More importantly, he has experience and his father is backing him up.

Appointing him as general manager can save a lot of trouble.

Even if he doesn’t do well, we still have the bosses of Aika and Huake. They have allocated shares to them, and they will help us keep an eye on it.”

Yang Zhongwei put away his smile, immediately put away his little thoughts, and his attitude became businesslike.

He answered Fang Xiang's question seriously.

“Well, you’ve thought it through very carefully.

The study team from Shanghai will come to Hong Kong to study soon. Remember to ask Chen Jiarun to receive them.

By the way, let Chen Jiarun come up with a plan for an electronics factory and research institute in Shanghai.

It depends on how big the factory and research institute are, how they are built, and what equipment and production lines are needed.

Make a complete plan and then start purchasing.

Including the equipment that Great Wall Electronics needs to update, let’s purchase it together.”

Fang Xiang nodded, expressing his approval of Yang Zhongwei's consideration.

"Then, is there any news from the overseas acquisition team?"

After explaining the work at Great Wall Electronics, Fang wanted to ask about overseas situations.