LIGHTNOVELWORLD Chapter 108 Entering the electronic game console market!
Yang Ming still left full power over the construction of the Empire State Building to Meris.
Meris is the general manager of the Empire Group. He is not just one person, but there are many people who work for him. Only matters that are very important to the Imperial Group should be decided with Yang Ming.
dinner time.
Yang Ming, Mailisi, Ma Shimin, Yang Jirong, and Li Yufang had dinner together.
After dinner, Meris and Ma Shimin drove away.
Yang Ming was blowing in the wind in the yard, and a cool breeze came.
Yang Ming went upstairs in a wheelchair.
Under the service of Azhu and Zhong Chuhong, Yang Ming took a comfortable hot bath and returned to the study.
When Azhu and Zhong Chuhong brought the newspaper.
At first glance, Yang Ming saw reports in many evening newspapers that the Wharf Group had purchased the Murray Building plot at a high price of HK$5.6 million.
Not surprisingly.
The Murray House land parcel is the king of land in Xiangjiang this year and even in recent years.
When this news came out, it still caused a great shock in Xiangjiang.
Especially Yang Ming, who was sitting in a wheelchair, was photographed by reporters.
"Boss, your company spent so much money on land auctions again?" Azhu asked.
What is the concept of HKD 5.6 million?
Neither Ah Zhu nor Zhong Chuhong knew.
The two women know that many ordinary people at the bottom of the class in Hong Kong now only earn more than a thousand Hong Kong dollars a month. Some people who have just illegally immigrated from China or Southeast Asia may not even have a few hundred Hong Kong dollars a month.
Of course, when the two women saw the big bag of cash worth 1 million Hong Kong dollars that Yang Ming gave to Shen Yi, the two women might have some ideas about money.
"That's a lot of money indeed."
5.6 million Hong Kong dollars, whether now or in the next fifty years, is definitely a huge amount of money that ordinary people cannot make in several lifetimes.
. . .
Have a night's rest.
Early the next day.
Yang Ming got up, washed his face with Azhu's help, came down from upstairs, exercised in the garden, and slowly started walking while supporting the two girls.
His physical recovery did not happen overnight, but took a long time.
However, he has recovered quite well recently.
While others thought Mr. Yang would be in a wheelchair for the rest of his life, he could actually travel short distances on his own.
In Zhong Chuhong's view, it would be perfect if Mr. Yang really walked normally like an ordinary person.
Yang Ming finished breakfast with his parents.
Get in the Rolls-Royce.
Take a car to the Federal Building.
Get off the car and take the elevator upstairs.
Yang Ming returned to the chairman's office in a wheelchair. Lin Xiuzhi, who had already come to work, made Yang Ming a cup of coffee.
"Boss, Wharf spent a high price to auction the Murray Building plot."
It was on the news in the evening newspaper last night, and Lin Xiuzhi also saw the news at home.
I was also surprised just now.
In Xiangjiang, housing prices in Central District of Xiangjiang are very expensive now.
Now the boss's Wharf actually costs more than 500 million Hong Kong dollars to buy even a piece of land. That is really ridiculously expensive.
She felt that the flour was more expensive than bread. When the office building was built, the rent would be enough to recover the cost.
What's more, it will cost a lot of money to build an office building.
"Yes, that will be the headquarters of our Empire Group."
Imperial Group Headquarters?
Lin Xiuzhi was even more surprised.
It's normal when you think about it. After all, it is one of the most prosperous areas in Central Xiangjiang.
9:00am.
"Lin Xiuzhi, go and call Meris and all fourteen people to the conference room for a meeting."
Lin Xiuzhi went to notify the other fourteen people.
Hunter, Jason, Alva, Andy, Arnold, Badwi, Barlow, Bud, and Miss Hayley and Carrie.
Tang Shilian, Li Yongfeng, Wang Shan, Xu Qingsheng.
Yang Ming’s earliest staff consisted of fifteen people.
They are all here now.
Now except Lin Xiuzhi, who is Yang Ming's assistant secretary.
Tang Shilian is the financial director of Empire Group.
Fourteen others now cover major global stock markets.
In addition to these fourteen people, each of them now has five to ten subordinates.
"Everyone, let me tell you some news. We are cooperating with Huifeng Bank. Huifeng Bank will invest 100 billion Hong Kong dollars in Imperial Group in the first year, and Huifeng Bank will receive ten points of net profit."
Ten points of net profit.
If it were before, Meris and others would have thought it was very profitable.
For many financial companies, the net profit per year is only two or three points, or even lower.
Yang Ming gave Huifeng Bank ten points of annual profit, which is indeed very high, which is equivalent to Huifeng Bank's annual profit doubling in one year.
These people know that Yang Ming's gains in the stock market are more than 80 points in a normal day's stock market trading, let alone a year. They no longer know how to calculate this.
Hunter and others knew that Huifeng Bank only dared to invest in Imperial Group after seeing the profits from Imperial Group's stock listing.
"Boss, do you plan to invest Huifeng Bank's funds in the stock market?" Li Yongfeng asked.
Li Yongfeng said that he made money from the stock market through the funds of Huifeng Bank. Except for the ten points of profit that went to Huifeng Bank, the rest was naturally owned by the Imperial Group.
For Imperial Group, there is no need or necessity for short-term investments.
Imperial Group already has enough short-term investment funds, there is no need at all.
As for long-term investment, like Buffett, it's actually pretty good.
Yang Ming felt that there was no need to waste so much time.
For him, time is as important as money.
Buffett has no idea what the stock market will be like tomorrow, or how it will change in a short period of time. Yang Ming even knows how much the stock market will rise or fall tomorrow, so there is no need for that.
"No, I'm going to enter another industry."
Nowadays, by making money in the stock market, you can make a steady stream of profits.
No amount of money from Huifeng Bank could be invested in it.
"Boss, don't you know what industry you are in?"
"Electronic games."
Electronic games?
If it was in the 21s, s, or in the st century, even children in rural areas would know what it is.
In Hong Kong in the late 1970s, video games were still very unfamiliar.
Except for Mai Lisi who had heard Yang Ming say it in advance, the others looked at each other and seemed to not know what it was.
"Arcade machine? Have any of you heard of it?"
Coin-operated arcade machines in a broad sense can be traced back to the 1920s, and their types include pinball machines, coin-operated electric mechanical games, grab-type claw machines, coupon-based amusement machines, etc.
Arcades in a narrow sense refer specifically to commercial electronic games that are operated in coin-operated frames in the form of computer programs.
Games that run on arcade machines are called arcade games.
In 1971, the world's first arcade machine was born in the computer laboratory of country M.
In 1972, the "Soldier" arcade machine was released, a coin-operated arcade machine using integrated circuit TTL.
In 1973, the "Soldier" arcade game came to Japan.
Toyo's Taito Co., Ltd. believed that there was no market for this extremely high-priced game, so it gave up the opportunity to be the exclusive agent for the "Soldier" arcade machine and instead jointly agent it with Sega.
Soon, "Bing" triggered a rush by Japanese companies to enter the arcade game market.
The success of "Soldier" shocked the employees of Taitung Co., Ltd.
Integrated circuits were a symbol of the latest technology at the time, and it was unexpected that they could be used in coin-operated arcade machines.