Chapter 075: Gold Plummets
Early September.
After returning to Hong Kong, Lin Zhichao first came to Cheung Kong Industrial in Tsuen Wan, followed by Huang Changhong and Hu Zhaoxu, two real estate generals of Cheung Kong Real Estate.
When he came to the open space of the factory, Lin Zhichao still held the factory plan in his hand.
"Each floor is 28,800 square feet, with a total of three floors, which is nearly 90,000 square feet of factory buildings." Lin Zhichao preached while looking at the plan.
Wang Liang, deputy general manager of Cheung Kong, said happily: "After the new plant is put into use, Cheung Kong will be one of the largest factories in Hong Kong, and it is estimated that it will be the largest factory in China. ”
He is a little proud that Cheung Kong is developing too fast.
Even today, Cheung Kong has a scale of 200 people, making it the largest factory in Tsuen Wan.
Lin Zhichao still said calmly: "Expanding production means that new sources of customers are needed, and next year we will use the improved automatic rice rowing machine, and the slider automatic stamping machine, and the quality of the zipper will be improved." Therefore, the key is to open up the sales channels of the European and American era, otherwise we are afraid that the Asian market alone will not be enough to support such a huge investment. ”
In fact, it is not necessarily, even if the Asian market makes Cheung Kong earn 1.5 million Hong Kong dollars a year, then it can support the second round of expansion of Cheung Kong.
Cheung Kong's second round of expansion includes:
1. Purchase a new batch of machines, with a budget of 1.2 million Hong Kong dollars;
2. Set up a branch factory in Singapore, with a budget of 400,000 Hong Kong dollars;
3. Construction of the second factory in Tsuen Wan with a budget of HK$200,000.
Fourth, the purchase of the surrounding land of Cheung Kong Industrial, the budget is 1.2 million Hong Kong dollars (about 300,000 square feet).
This round of expansion requires almost 3 million Hong Kong dollars.
If you don't count the investment in Tsuen Wan land, you only need 1.8 million Hong Kong dollars, which is almost a profit in the early years.
It stands to reason that there is no need to worry about the European and American markets, and the Asian market alone will make a profit in the early part of a year, not to mention that the factory itself is also an asset. However, Lin Zhichao knows a truth, since he has done this business, he must seek continuous breakthroughs.
Wang Liang thought to himself at this time, as the number one general under the boss, he should come up with 'superhuman performance' to establish his position at this time.
"Boss, I am willing to go to Europe and the United States to promote our products!"
When Lin Zhichao heard this, he felt very good.
However, he said: "Your job is to manage production, and this is the most important thing. Also, once the factory in Singapore is decided, you need to run on both sides, because the factory over there is also important. ”
Wang Liang nodded and said, "Okay, I understand!" ”
Next, Lin Zhichao said to Huang Changhong of Changjiang Real Estate: "This factory project should be prepared, organize construction as soon as possible, Changjiang Real Estate will undertake the construction, and the finances will be controlled by Changjiang Industrial." ”
Huang Changhong immediately said: "No problem! Guaranteed 10 months to complete the project with guaranteed quality. ”
The preparatory work in the early stage has actually been carried out as early as possible, such as drawings, approvals, etc.
At this time, Huang Changhong said to Lin Zhichao: "Boss, Boss Tang also seems to have plans to build a three-story factory, do you want to ask if you want to build it together, it just so happens that the engineering department will soon be left with the construction of the 'Defu Garden' project." ”
No. 126 Modu Street has ended perfectly. Happy Valley's 'Lam Tin Grace Garden' will also be completed and accepted in two months.
After all, Changjiang Real Estate has No. 20 people, so it naturally needs to live.
"I'll ask him later!"
"Okay"
Tang Zhongyuan originally intended to build a large textile factory on his 80,000-square-meter land in Tsuen Wan, and now he is also ambitious and plans to do a big job. His Oriental Textile can now earn more than 200,000 yuan a year, not to mention that he knows that Lin Zhichao wants to expand the zipper factory, so he is naturally more confident.
Although Tang Zhongyuan is Lin Zhichao's father-in-law, Lin Zhichao has always personally grasped the quality requirements of textile fabrics and has not relaxed at all. Fortunately, Tang Zhongyuan used to be the senior manager of the textile factory who mainly focused on production, so he did not disappoint Lin Zhichao in this regard.
Next, Lin Zhichao said to Hu Zhaoxu: "Recently, I plan to buy the remaining 300,000 square feet of land around here, you do this work, and report to me if you have any situation." ”
Hu Zhaoxu said confidently: "Boss, don't worry, the land here is not fragrant, and it is not a problem to win it." ”
The land in Tsuen Wan rose until 1950, when there was no suitable place to build a factory on Hong Kong Island, and everyone remembered the barren beach here.
Of course, Lin Zhichao is not planning to speculate on the land now, but to keep it for the future to build a factory.
This area will later be his industrial park.
Finally, Lin Zhichao said to Wang Liang again: "Are you ready for the site selection in Singapore?" ”
Wang Liang and Li Gaofu have both been to Singapore for inspection, but they are the front station, and it is Lin Zhichao who really decides.
Not only that, Lin Zhichao will also personally visit Singapore, and he intends to consider Singapore as his second base. Although Sing Tao doesn't like 'private entrepreneurs' very much, but he has to need 'private entrepreneurs', if he makes friends before he develops, then the Lin family will be stable in Singapore in the future.
Generally, the wealthy in Southeast Asia like to open up a second base in Hong Kong. Now, Lin Zhichao is doing the opposite, opening up a second base in Southeast Asia.
Because he knows that Singapore has a great future!
"I'll give you the information later."
"Hmm. If I can, I'll leave for Singapore as soon as possible to finalize the location of the factory. ”
.......
The next day, Lin Zhichao came to the Yangtze River Silver and listened to Lee Shau-kee's work report.
"Gold fell to 390 Hong Kong dollars per tael, which I didn't expect. So when the gold price was 398 Hong Kong dollars per tael, I flattened the previous short sale. Then I bought 40 lots of gold at a cost of HK$396 per tael (39,600 lots), but I closed this at HK$391 per tael and lost HK$20,000. ”
Although it is normal to have losses and wins, Lee Shau Kee is still a little ashamed, and he is a little anxious to enter.
Lin Zhichao said without any care: "You did a good job!" If I'm not mistaken, this time many gold and silver merchants from Guangdong Province have incurred a lot of losses, right? ”
Li Shaoji was in a good mood all of a sudden, this boss is not the kind of person who keeps an eye on Xiaoli, he has observed the boss and found that there is no heartache at all, some are just calm.
Under this kind of personality charm, Lee Shau Kee is naturally convinced.
Immediately, Lee Shau Kee said: "Due to the issuance of gold yuan bills in the mainland, the private sector is not allowed to hold gold, and the price of gold is fixed. Therefore, mainland gold dealers have drastically reduced the number of gold arbitrage at the Xiangjiang Gold and Silver Exchange, and some Shanghai gold dealers have deliberately shorted this time to suppress the price of gold, so even if Hang Seng Silver and Teochew gold dealers are interested in stabilizing the price of gold, it will not help. The price of gold fell by as much as 40 Hong Kong dollars per tael in half a month. ”
Why did Shanghai gold traders suppress gold prices?
It is not difficult to guess that they want to suppress prices and then import gold cheaply from Hong Kong.
Why should Hang Seng Silver and Teochew gold merchants stabilize the price of gold?
It is not difficult to guess that because they have channels for smuggling gold from Omen, it is hoped that the price of gold will rise, and then they will cash out from it.
In this confrontation between the two sides, the Cantonese gold merchants were inferior because of the general environment in the mainland, and of course, the strength of the mainland gold merchants and bankers was also stronger than that of the Cantonese gold merchants. And the Cantonese Jin Shangsheng is well versed in the market, once the situation in the mainland changes, the balance of victory will be theirs.
"If we fall, we will be profitable. However, as far as I know, prices in the mainland have risen sharply, which means that it is almost time to enter the market, so there is no need to worry about gold falling there! ”
Half a month has passed since the issuance of the Golden Yuan Coupon on August 18, and it stands to reason that the time should be approaching, Lin Zhichao guessed.
"Well, I think so too." Lee Shau Kee said seriously.
"Well, I've been in Hong Kong lately, and I'll discuss with you the timing of buying!"
"Okay, boss."
Lin Zhichao is not completely delegating power to Lee Shau Kee, he wants the two to cooperate with each other, he knows the big environment, Lee Shau Kee knows the small environment, and the combination of the two is a perfect match.
At this time, the 1 million Hong Kong dollars of Yangtze River Yinhao's 'gold speculation funds (short-term) have increased to 1.6 million Hong Kong dollars, which can be described as a big victory.