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Chapter 30 Inventory

On October 14, in the HSBC Headquarters Building, Hong Kong.

"Do you know how Sir Chen Bi evaluates you?"

Chen Chong raised his eyebrows and said in English: "Wonderful Boy?"

"He said that your eyes can see through the earth." Feliton pinched a golden mirror cube with both hands, stopped for a while, and continued: "But your financial management ability is not as good as a newborn baby!"

Chen Chong and Feliton got along many times and had a familiar relationship. He laughed and asked, "Why do you say that?"

Feliton put down the Rubik's Cube, and he knocked on several thick documents on the table with his hands, asking: "Do you know how valuable these industries are?"

"I don't know." Chen Chong shook his head and said, "If I knew it, I wouldn't entrust you to calculate it. In Hong Kong, who doesn't know how ruthless HSBC's knife is?"

"Allen, you're such a fool," Feliton sighed and said in an annoyed tone: "Just with these documents, I can raise $50 million for you. If I had to see them before the Hutchison Whampoa deal..."

Hutchison Whampoa's transaction is extremely confidential, almost a one-to-one transaction between Chen Bi and Li Ka-shing. After the two reached an agreement, the board of directors was convened to announce that all the major directors were kept in the dark, and Feliton naturally didn't know the inside story, so he felt very sorry that Chen Chong lost the opportunity to be a big player.

"It's okay, it's hard to make 1 million, but it's easy to make 10 million." Chen Chong smiled and asked, "So, my assets are worth $50 million?"

"50 million is the largest financing amount I can get." Feliton was helpless about his lack of financial knowledge, and sighed again, saying: "Based on the current profitability level and future market prospects, HSBC will value your assets at US$253 million. Congratulations, Allen, you are now the youngest billionaire in the world and the fastest-making billionaire."

"Ah?!" Chen Chong was surprised, really surprised. He made an exaggerated backward movement, leaned on the back of the chair, and said, "This is more than 100 million? And more than 200 million?"

"Sir Chen Bi said you have good eyesight, but I think you are lucky." Feliton didn't know whether he stayed up late or was jealous, and his eyes were red. He said in a stiff Chinese: "Don't be lucky."

Chen Chong laughed and asked again, "It's really over 200 million?"

"Really." Feliton picked up the top document and handed it to him, saying, "Congratulations again, Allen, you are now the top VIP client at HSBC, and we will provide you with the 'home office' service."

Chen Chong took it, opened the file, and started to look carefully. He didn't understand finance very much, but the numbers above should look very good...

HSBC is extremely strong. In a sense, it is the behind-the-scenes government of Hong Kong, and its future development is very smooth. In the 21st century, it is the world's third largest banking group with assets of more than 5 trillion US dollars. Its influence in Asia is particularly huge.

Behind the skyrocketing wealth of Li Ka-shing, Bao Yugang and others, there are the shadow of HSBC, which is a very powerful help. However, banks in mainland China will not have much help to the sunk for at least 20 years...

So before going to Beijing, Shen Chong handled private banking business at HSBC Bank and authorized them to count their assets. It has grown so far that he can no longer do anything with checkbooks like before, and needs professional financial institutions to help manage it.

After reading the valuation documents, Chen Chong felt a little lost - the valuation is too low!

VisiCalc can only run on Apple II, and the sales volume of Apple II has just exceeded the 500,000 mark in total. At this time, people lack sufficient understanding of the sales model of software-driven hardware, and there is little hope of obtaining patents, and products with similar functions have appeared on the market. Therefore, although VisiCalc has amazing money-making ability, its valuation is only more than 40 million.

Similar to VisiCalc, because Atari VCS has been selling mediocrely before, and the current North American market owns only more than 3 million units, Activision itself does not produce hosts, so Tetris' valuation is also seriously low, only 70 million.

On the contrary, the software sales chain that has been burning money has a high valuation because of its mature business model, rapid sales and promising profit prospects. Its valuation accounts for only 60% of the shares, and its valuation exceeds 50 million.

Although the sales volume of Rubik's Cube is huge, the market competition is fierce, the business growth is slow, and profits are falling, so the valuation of half of the shares is only more than 55 million.

All of this, coupled with the patent valuation of the Rubik's Cube, a total of US$253 million.

Apple II will soon sell more than 1 million units...

Atari VCS can be sold for 1 million units in one Christmas, and the final market ownership is 26 million units...

With just two data, 253 million will at least double!

However, it doesn't matter. Chen Chong felt completely collapsed at this time. He had a net worth of more than 200 million US dollars in just ten months. What else can he do in this world?

Chen Chong always felt that he was very poor, but he didn't expect that he was already rich...

"Allen...Allen?"

"Ah?" Chen Chong came to his senses and slashed the cover of the folder with his fingers. After a while, he asked, "Mr. Fei, if the price of gold rises to $800 per ounce, how much can I make for the 8 million?"

"That's impossible." Felley shook his head and said, "The United States will not allow gold to rise to a high of $800."

"What if?"

Feliton picked up the pen, calculated it on the paper, and said: "Based on the current gold price, 100 times the leverage, if the gold price rises to $800, your 8 million will become $254 million."

He cried and said, it turned out that it was not as rich as a country, but as rich as a country...

"Allen, as an investment advisor, I have to warn you," Feliton said seriously. "Gold futures are bubbled very much now, and you choose such high leverage, which is very dangerous."

"It doesn't matter, it doesn't matter." Chen Chong waved his hand and said lightly: "Even if you lose all your money, you can make it back in a few months."

Feliton spoke and said nothing in the end, just shook his head.

"By the way, what did you just talk about in the home office, what was that?"

"It is the top private banking service provided by HSBC." Feliton was excited, picked up another folder, handed it over, and introduced: "We will build a team of top elites to provide you with the most professional services."

Chen Chong took the folder and opened it for a closer look.

"Family-Office" is the top form of private banking services. The threshold is very high. The total amount of property is more than US$50 million before you can apply. It is a team of professionals such as investment consultants, legal counsel, accountants, etc., providing investment, financial management, tax avoidance, collection, will and other services. It is said that it can provide any service at any time, anywhere, or at any place.

The service is expensive, with an annual fee of one million US dollars. However, after learning the details, Chen Chong signed the contract without hesitation.

With HSBC's global service network and deep influence, he wants to spend money, invest, and poach people in the future. He only needs to have a phone call, no need to run around with his wallet, nor does he have to spend all his time and energy to tinker with his relationship. He can save a lot of time and energy to tinker with movies.

After signing all the documents, the idle man disappeared, Chen Chong picked up the coffee cup and said, "Mr. Fei, since I chose this service, who should be responsible for the negotiations with Apple this time?"

"Allen, you are our top customer. Even if you don't choose home office services, we will do our best." Chen Chong chose the service, and Feliton should have benefits. He blushed with excitement and said very diligently: "This negotiation will be personally responsible for Mr. Pu Weishi, general manager of HSBC International Business Department. After receiving your reply telegram, he flew to Boston yesterday."

"That's good." Chen Chong was very satisfied. Although Apple's shares were no longer so important to him after learning that they had a net worth of hundreds of millions, mosquito legs were also flesh, not to mention that they were mosquito legs like elephants...

Moreover, Apple's appeal in Silicon Valley is extraordinary and its hardware R&D capabilities are super strong. This is a good opportunity to interfere in computer hardware - if you want to play computer special effects, the hardware is not good, everything is empty talk.

Chen Chong stayed in the HSBC headquarters building for a whole day before he settled all the documents and contracts. That night, he found a Western restaurant and invited Feliton to have dinner together.

"Fei, how are you thinking about writing a book?"

"There is a proverb in my hometown, saying that this is true, why not just say anything." Feliton gracefully cut the steak and said, "Mr. Chen's example is right in front of me, what else can I hesitate about."

Hearing this, Chen Chong quickly put down his knife and fork, leaned over to shake hands with him, and said with a smile: "Fei, I have been waiting for this day for a long time. I wish you a happy cooperation."

Feliton was very interested in the concept of "knowledge economy" he mentioned in Ming Pao Weekly. He repeatedly asked him to discuss it. Chen Chong was a half-baked person, so how could he say it clearly? He could only talk nonsense based on his memory of the east and west claws. After each discussion, it was not long before Feliton could develop his words into a relatively rigorous theory, and then continue to discuss with him...

After several times, Chen Chong found that this was a good opportunity to gain reputation - he would never write professional works or papers, but if Feliton wrote it, he could at least get a co-signature.

Now that I have money, I lack fame...
Chapter completed!
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