Michael Sandberg nodded slightly at Song Tianyao's words, looked at Song Tianyao, and said in agreement, "I agree with that. A bank is not a political institution, not a charitable organization, not a foreigners' club. What is a bank? I believe it is a profit-driven institution. It should not discriminate based on skin color or nationality. A bank only needs to consider whether its customers have good credit and whether it can obtain a reasonable return from them. If we use the standards I'm talking about now, Hong Kong is simply a gold mine for HSBC. How many high-quality customers are waiting to be discovered? How many businessmen from Shanghai come to Hong Kong?"
Second Young Master Chu was naturally uninterested in the conversation between Song Tianyao and Michael Sandberg. Angie Perlis was currently chatting with him about interesting things in London. Meanwhile, Chu Shuheng, the current manager of Likang, kept nodding as he listened. It was unclear whether he was nodding because of Song Tianyao or Michael Sandberg.
Song Tianyao let out a long breath. The twenty-eight-year-old Michael Sandberg, Britain, had only been in the banking industry for three years, yet he understood things better than many long-time Hong Kong Foreign Devil. What he meant was that while the Britain could hold a high position in Hong Kong, British banks didn't need to put on airs towards the China person in Hong Kong. Instead, they should put aside their previous discrimination, absorb China person money, and then lend it to the China person. The bigger the China businessmen became, the bigger HSBC would become.
No wonder Michael Sandberg later became the tycoon of HSBC. It was probably because of this view that HSBC took further action to eliminate several well-known Chinese-owned banks, and HSBC quickly became the financial oligarch of Hong Kong, dominating all others.
That's how the saying "Hong Kong can do without a governor, but it cannot do without HSBC" came about.
This led Hong Kong in the 1970s and 80s to equate the word "bank" with HSBC.
Even after Hong Kong, HSBC still monopolized Hong Kong's foreign exchange rate and international trade settlement business, and Hong Kong was still used by Britain to carry out economic colonization through HSBC.
Fortunately, this guy is still relatively insignificant within HSBC, and the inherent colonial arrogance of the Britain hasn't been so easily abandoned yet.
Fortunately, Hong Kong now has not only a Britain named Michael Sandberg, but also a China person Song Tianyao.
Chapter 237, First
"Garen Nelson's previous factory only took six months to produce the four sets of equipment currently in production. Even with the rapid development of United States manufacturing over the past seven years, it would probably still take three months." Song Tianyao lay on the bed, embracing Angie Perlis, his hand gently kneading her breasts from behind her neck, and said casually, "United States manufacturing is now technology-intensive, while Hong Kong is labor-intensive. Asking people in Hong Kong who want to start a wig business to spend over two million Hong Kong dollars to buy the latest wig production line is impossible. Apart from wealthy Chinese businessmen, most people who want to make a fortune in this industry can't afford the capital. If they go to the United States to find factories to order two or three sets of equipment, those factories might not even be interested, and the orders might be booked for years. What you need to do is save everyone time by registering a sales company, ordering from multiple factories in the United States, and then setting up a Hong Kong branch to sell the machines back to Hong Kong."
Angie Perlis slapped away Song Tianyao's kneading hand, then fetched the cigarettes from the bedside for him. She put on Song Tianyao's shirt, bent her smooth, white legs, and sat down beside Song Tianyao: "First, pay a deposit to the factory to order machines, then use that order to collect deposits from those who are ready to buy the machines, add a certain price, and then sell the finished machines to them? And that includes partnering with Galen Nelson to establish a machine company, responsible for the maintenance and parts processing of those devices... It sounds like I've gone from a lawyer to a greasy factory worker."
The task Song Tianyao assigned to Angie Perlis to go to the United States was extremely complicated. In fact, he should have done these things himself instead of delegating them to others. However, Song Tianyao's current China person identity made it inconvenient for him to go to the United States to do such things. He could easily be sent back in disgrace by the United States on some fabricated reason due to factors such as the Korean War and the rampant McCarthyism. Even many white United States have been accused of being spies. If he, as China person, went to the United States and achieved some success, he would become the perfect target.
Therefore, Angie Palis, the Britain Foreign Girl, is Song Tianyao's only option at present.
"Not only that, but besides the US dollars 200,000 loan, I can't provide you with any further financial support. You'll have to manage things yourself in the early stages, and you'll also have to wait for the United States company to make a profit before sending the profits back to Hong Kong," Song Tianyao said, lighting a cigarette.
Why don't you just keep doing fake business and actually do it?
"Wigs are like the denim trend that was popular in United States before. Everyone saw United States male and female celebrities wearing denim, so they rushed to buy them. But once everyone had one, denim became less special. Apart from the few well-known denim brands that were initially in the industry, many factories went out of business because they lost previous orders and could not continue operating," Song Tianyao said, exhaling a smoke ring.
"You can also build a well-known brand in the wig industry. With your abilities, I believe that even when the industry declines, your factory won't go bankrupt; it will only grow larger, with only a slight drop in sales." Angie Perlis retorted, "At that point, you might even be called the 'King of Wigs' by magazines. Just imagine, a globally renowned businesswoman."
"No interest. I'll make a quick buck, then move on to ignite the next booming industry and keep making money," Song Tianyao said, straightening Angie Perlis's legs and resting his head on them.
Angie Perlis rubbed Song Tianyao's forehead with her hand. "Speculator."
"Don't worry, I'll find a more suitable identity than the 'Wig King' you mentioned to appear before your family. You don't need to worry about that; I'll handle it," Song Tianyao said, gently stroking the other person's legs with his eyes closed.
Angie Perlis rolled her eyes adorably. This man always reacted too quickly. She had only slightly advised him to persevere in this industry and become the biggest in it, and he immediately guessed that what she was really thinking about was to help him appear in front of his parents with a respectable identity as soon as possible.