Chapter 352: Wrapping Up Meeting!

May 1, Standard Chartered Bank Headquarters in Hong Kong.

This day is a rare day of rest for ordinary workers, but for these Lin Yu's subordinates sitting in the high-level conference room of the Standard Chartered Bank headquarters, it is indeed a rare day, but it is not a day of rest, because Lin Yu, as the boss, is going to hold a meeting for them today.

"Okay, let's all sit down, the purpose of this meeting is to make a summary of our strength, this meeting will summarize the shares we have in other companies, and then see how to manage these, everyone can speak freely about this matter, and talk about their own ideas, so that we can avoid similar problems in the future development." Lin Yu borrowed the mantra of later generations of Chinese leaders. When Lin Yu first said it, he just wanted to be entertained, but when he said it, Lin Yu actually felt that it was very appropriate, and at this time, Lin Yu understood why so many leaders like to use official words and clichΓ©s, because although these words have no substance, they make people feel high and high.

Well, officialdom culture is not ordinary, and even this can be said at such a level and with connotation, it seems that there is still a lot to learn.

"Let me start by saying that we now own the stocks of many of the world's largest companies, such as Coca-Cola, Volkswagen, L'Oreal and Springtime Department Store and other companies in various countries, although not a lot, but for the shares circulating outside, the shares in our hands are not small, in addition we also have some mineral resources and oil and gas resources, although they are some small mines and small oil fields, but for us it is not bad, but the biggest gain should be the acquisition of Standard Chartered Bank. For these companies, my idea is that the rest of the companies will be sorted out and then integrated into a comprehensive group, so that we can quickly let them go public, and for some companies with a small number of shares, I think it is better to set up a fund, so that it is convenient for us to deal with each other, so that it will not leak us, and it is also good for our future development, as for Standard Chartered Bank, I think it is better to become a separate company, so that it is convenient to manage. Jason took a sip of water.

There weren't a few people sitting in the room right now, just Jason, Sandywell, Clyde, and a few other Jason and Clyde's managers.

"Then let me talk about the situation of Standard Chartered Bank, since we acquired Standard Chartered Bank, the business volume of Standard Chartered Bank has declined, but now it is much better, Jason has gradually transferred the boss's money outside, coupled with the support of several wealthy businessmen in Hong Kong, our Standard Chartered Bank's business is now gradually picking up. Although the business volume of Standard Chartered Bank is not very large now, I believe that in the next few months, the business of Standard Chartered Bank will be better than before, and the branches of Standard Chartered Bank have not been affected, only a few regions such as the United Kingdom have been affected, but the impact is not large, and it will recover soon. Sandywell began.

Lin Yu nodded, Lin Yu has already thought about the matter of Standard Chartered Bank, there will be an impact, any business that changes hands will be affected, but the size is different, now Standard Chartered Bank can rebound so quickly, Lin Yu is still very satisfied.

After Sandywell finished speaking, Kleiman spoke: "Boss, my job is all about negotiations, and there is nothing to talk about about this. However, I agree with Jason's statement that I want to set up a fund, which not only makes it easier to manage the shares of these companies and companies that we have bought, but also allows me to be more confident in negotiations, after all, I have a company behind me, so it is easier to win people's trust.

Lin Yu nodded, tapped the table with a pen, looked at them and said with a smile: "Okay, let me summarize for you, our constitution has a good momentum of development, and we can overcome and correct even if there are some problems, so I want to express my gratitude to everyone." In addition, let's start to do things about the establishment of companies and funds, especially the fund, Uncle Jason should do it as soon as possible, as for the future of the company, I will not enter the field to ask, I hope everyone can do their best to manage the company. At the end of the year, I will give you a big red envelope. This is the first thing, and the other thing is that I hope you will mobilize the funds, and I am ready to officially enter the Japanese market next month, and the funds must be guaranteed, and I hope that everyone can always be vigilant at that time, because I think everyone can put down their work in September and make concessions for this operation, of course, the work still has to be done, but when it comes to things related to our actions, I hope to focus on this action. ”

Hearing Lin Yu say that he wanted to mobilize funds to enter Japan, and in September, he asked them all to make concessions for this operation, except for Jason, their first thought was that the boss didn't want to challenge the Japanese financial market, right? Later, when I thought about it, I felt that it was unlikely, not to mention the current strength of Japan, but to say that under the premise that the strength of the acquisition of Standard Chartered had declined so seriously, it was not a wise choice to go to the Japanese financial market.

"But boss, now our bank's funds cannot be transferred on a large scale, which will inevitably have a great impact on the bank." Sandywell said with a frown.

"Hehe, I know, but I have already settled this matter, I have borrowed 50 billion Hong Kong dollars from the Chinese government in terms of funds, I believe you will definitely take care of this matter, I hope that most of our funds will be transferred to Japan next month."

"Boss, did you get any news?" Clyde asked. At this time, everyone's eyes began to stare at Lin Yu, of course, these people are not all analyzed by their own experience, after all, a master negotiator like Clyde doesn't know much about financial matters, but he doesn't know about finance, but he still has a certain understanding of Lin Yu, so he asked.

"What do you think I'm going to get as a kid who doesn't leave home? Who told me? The only source of information now is the mercenary family, but I found some information yesterday for you to see, which will help us in this plan. Jason, you take out the asset materials I gave you and send them to everyone. Lin Yu spent several days sorting out the entire information through many people.

Jason took out the information that Li Taoshen mysteriously handed over to him in the morning, and although he took it for several hours, Jason still didn't have time to take a look. When Jason sent all the information to them and confirmed that there was one person present, Lin Yu began to say: "Since 1980, there have been two changes in the domestic economy of the United States, the first is that the foreign trade deficit has expanded year by year, reaching 160 billion US dollars in 1984, accounting for 3.6% of GNP that year. The second is the emergence of government budget deficits. Under the shadow of the twin deficits, the US government raised the domestic base interest rate and introduced international capital to develop the economy, and the large inflow of foreign capital caused the US dollar to continue to appreciate, and the competitiveness of US exports declined, thus expanding to the crisis of foreign trade deficit. Under the pressure of this economic crisis, the United States hopes to strengthen the external competitiveness of American products through the depreciation of the dollar in order to reduce the trade deficit. In 1977, Treasury Secretary of the Carter administration of the United States, Brumessa, used the trade surplus between Japan and the former Federal Republic of Germany as an excuse to verbally intervene in the foreign exchange market, hoping to stimulate American exports and reduce the U.S. trade deficit through measures to depreciate the dollar. His speech led to a frenzied sell-off of the dollar by investors, which depreciated sharply against the currencies of major industrial countries. ”

"At the beginning of 1977, the exchange rate of the U.S. dollar against the yen was 290 yen per dollar, and in the fall of 1978 it fell to a minimum of 170 yen, a drop of 41.38%. The U.S. government was shocked, and in the fall of 1978, President Carter launched a "Dollar Rescue Package" to prop up the dollar. ”

"The second oil crisis broke out. The second oil crisis led to a sharp rise in energy prices in the United States, and the consumer price index in the United States rose sharply, and the United States experienced severe inflation, with inflation exceeding double digits. For example, if money was deposited in the bank at the beginning of 1980, the real rate of return by the end of the year was negative 12.4 per cent. In the summer of 1979, Paul? Volcker becomes Chairman of the Federal Reserve Board. In order to control severe inflation, he raised official interest rates three times in a row and implemented a tight monetary policy. As a result of this policy, official interest rates and market interest rates of 20 percent have risen in the United States, from an average near zero in 1954-1978 to 3 to 5 percent in 1980-1984. ”

"High interest rates attracted large amounts of foreign capital into the United States, causing the dollar to soar, rising nearly 60 percent from late 1979 to the end of 1984, and the exchange rate of the dollar against major industrial countries exceeded the levels reached before the collapse of the Brettonson system. The sharp appreciation of the dollar led to a rapid widening of the U.S. trade deficit, and by 1984, the U.S. current-account deficit reached a record $100 billion. So if the U.S. doesn't adjust its economic policy and reverse these trade deficits, then the U.S. is likely to disintegrate, and I think you can analyze it for yourself. I'm raising money now because I've been on the news lately, and I'm sure it's not long before the U.S. government can't stand the pressure and take some financial measures to ease the debt crisis. Therefore, as the largest debtor of the United States, Japan will definitely not be affected by the impact this time, so I asked everyone to prepare to go to Japan. ”