Rebirth: Super Banking System-Chapter 1540 - 1383: Can You Persist? (Subscribe please!)
Chapter 1540: Chapter 1383: Can You Persist? (Subscribe please!)
Qingyan City.
Manor.
The Tang Family is having lunch.
"Tangtang, the stock price for this morning is out, thirty-six, I think it might hit forty in the afternoon." The trading on the Hong Kong Stock Exchange ended for the morning, Tang Kai put down his mobile phone, his face alight with excitement.
Auspicious start.
Even though the Hong Kong Stock Exchange typically sees green growth.
But the people of Huaxia are accustomed to celebrating red.
Under Tang Qing’s banner.
This single company alone has nearly surpassed the total value of all his other companies. Besides being gratified, Tang Kai was still gratified, and what’s more, there are two more companies swiftly catching up.
This time.
His investment company bought fifteen billion Hong Kong Dollars worth of stocks between twenty-five and thirty Hong Kong Dollars, with an average cost of twenty-seven. Including the subscription of the initial offering, he’s made nearly eight hundred million RMB.
Finance.
It really is a good way to make money.
And this is just the beginning.
Just thinking about it is exciting.
"Not bad, it exceeded the offering price." Tang Qing smiled.
Tang Kai said helplessly, "Sometimes I just wonder, you’re so indifferent toward money, yet money keeps finding its way into your pocket. This luck, why don’t you try buying a lottery ticket?"
"No, I better save my luck."
"Makes sense."
"Tangtang, with so much financing, what do you plan to do with the money?" Tang Father asked.
Tang Qing said, "Invest."
"Can you spend it all? The combined financings for the three companies are over a hundred billion RMB, right?" When Tang Father said this, his tongue almost twisted. A hundred billion—he had never dreamed that the Tang Family could have so much money.
"Of course, it can be spent. There is no such thing as money that can’t be spent, only money that one doesn’t want to spend. If a company does not want to be eliminated, it must continuously innovate itself, investing in ’the future’."
"When starting a business, live in the present; when defending a business, look to the future, keep accumulating. Not just this hundred billion, even if it’s two or three hundred billion, I can find projects to burn through it."
"..."
A group of people speechless.
Others compete to see who can earn money more impressively.
You compete in spending money.
"Well said, investing in the future is the only way to remain invincible." Tang Kai greatly admired.
"I’m just worried about what will happen if other areas need money in the future? You have other companies as well, besides one Qing Yang Audio, each one of them doesn’t make much money and keeps using your money."
"Dad, don’t worry, I can handle this little situation."
"This is... a little situation?"
Tang Father chuckled bitterly.
"Big Brother, believe in Tangtang, he didn’t reach today’s position by acting impulsively. There are things even I don’t understand, but in the end, look, who would say Tangtang has made a wrong investment?"
Tang Father thought about it and it made sense.
He had just been shocked by the idea of spending a hundred billion.
"Alright then, it’s just that your moves are so big, they make my heart tremble."
"You’ll get used to it."
Tang Father: "..."
Get used to it.
When I get used to a hundred billion.
Will you create an even bigger situation?
"By the way, Tangtang, I can understand Comet Video and Qingyuan Technology being able to spend all the financing, but your Microcrystalline Technology, taking so much money to work on solar panels, isn’t it a bit not worth it?"
Tang Kai asked.
Solar panels.
The most critical indicator is the conversion rate, it’s like taking an exam. Bringing a score from zero to eighty and pushing eighty to ninety on a hundred-point paper ’cost’ about the same.
The higher it is.
It’s just one or two percentage points despite huge costs.
Microcrystalline Technology has already reached a leading position in the global photovoltaic industry in terms of technology, with the highest conversion rate, low cost, durable, stable, and all aspects being quite satisfactory; he feels there isn’t much room for improvement.
"Uncle, who said I’m going to exclusively focus on solar panels?"
"Huh?"
"According to the plan, all profits from the photovoltaic project of Microcrystalline Technology will be reinvested into its own R&D, while the main financing will go into optical equipment, which isn’t too different from dealing with sunlight and doesn’t count as a crossover."
"Optical equipment?"
"Right."
"Which direction?"
"Optical equipment for the mass consumer market." Tang Qing never intended for Microcrystalline Technology to work on something like lithography machines, as the system could wholesale them cheaply, making it largely unnecessary.
"... I don’t understand."
"You’ll know soon enough."
"???"
...
At Dou Jiao’s place.
Seeing the stock prices on the computer, Pan Yue couldn’t help but burst into laughter. He rushed to the living room and exclaimed to Dou Jiao, "Wife, we’ve struck it rich this time! I’ve earned more this morning than I did in the many years before."
To support Tang Qing.
And to make some extra cash, he had invested most of his and Dou Jiao’s annual bonuses. Just one morning netted him over 15 million RMB, and he was dying to yell out the window.
"Awesome."
"Don’t get too excited; it’s only been a morning," said Dou Jiao.
"It’s definitely going to rise in the afternoon."
Pan Yue was full of confidence.
"That’s up to fate."
...
In Beijing.
At the Autumn Palace.
Inside the largest box.
"Cheers."
"Cheers." freewebnøvel.coɱ
"..."
Around the table, everyone laughed and downed a glass of fruit wine; those present were the second-generation rich who had spent a lot of money supporting Comet Group. Now that they had made a profit, they insisted on joining the feast.
"Alas, Young Master Chai and Young Master Zheng really have foresight for having invested in Comet Group early on. Now, they’re making money just by lying down," said one of the second-generation rich enviously to Chai Ren and Zheng Lin.
"Young Master Chai, next time there’s such an opportunity, don’t forget to give us brothers a hand," someone said.
"Seriously, I’m almost too broke to function."
Upon hearing that.
Chai Ren scoffed, "Too broke to function? You just got a new sports car last month, and now you bought Comet Group stocks worth over 30 million. And you call that ’too broke to function’? Get out of here."
"That bit of money, does it even count as money in your eyes?"
"..."
Listening to all the flattery.
The two of them were very calm.
They knew it was all thanks to Tang Qing. Although Tang Qing also wanted to leverage their influence, compared to the current value of Comet Group’s stocks, their contribution was indeed minimal.
"Young Master Chai, does Tang Qing have any other projects that need money?"
"What do you want to do?" Chai Ren stared at the person. Tang Qing had saved his life several times, and to him, the relationship with Tang Qing was not just business, but brotherhood.
That gaze.
Startled the man.
He thought Chai Ren misunderstood and wanted to encroach on his territory.
"Young Master Chai, don’t get me wrong. I just wanted to see if there’s an opportunity to help. If not, never mind." The man was shrewd and quickly changed his tone to one of offering help.
Chai Ren’s expression softened.
"With so much money raised this time, he doesn’t need your chump change. Nearly a hundred billion from the three companies will be invested in various projects. Unless you have a billion or two, you can’t even be of any help."
"I heard he’s planning a 30 billion RMB loan for Hummingbird Commerce and has agreed to Alibaba’s investment of 12 billion RMB, selling 10% of the shares at an internal price, no bargaining allowed."
"If it were during the startup phase, your money might have been of some use. Now that all his companies have entered a stable profit-making phase, don’t even think about it. And for those projects requiring massive investments, you don’t have the funds."
"Hummingbird Commerce? Sounds promising, and it has great potential," someone expressed interest.
"Sounds intriguing."
"Young Master Chai, give us the details. What’s the profit outlook for this project?" Hearing Chai Ren talk like this, they thought that it might be the only project Tang Qing was short on cash, since the others had their own sources of income.
"Tang Qing said, within ten years, this company won’t be able to distribute a single penny in dividends. Can you persist that long?"
Chai Ren bluntly threw cold water on their excitement.
Ice-cold.
Chilling to the core.
"What? No money for ten years?"
"That long."
"No way."
"..."
"I seem to have heard something similar. These kinds of business models involve a high proportion of fixed asset investment and have long profitability cycles. That’s why, up until now in Huaxia, only Jingdong has self-developed a part, but not to the scale of Tang Qing’s."
"Ten years is a conservative estimate. Amazon has been established for thirteen years now, and it’s hardly made any profit. It’s said that the next ten years are also uncertain, with investments eating up all the profits."
Some there were still rational.
"Then it’s pointless. In ten years, man, I’d already be approaching forty."
"..."
"So, you see, he’s running a company, looking to the future. You’re just speculating, not even on the same path. So stop thinking about hitching a ride on his wagon. Tang Qing’s wagon has expensive tickets, and it’s a long journey," Chai Ren said.
