Most of the more important people in the Qin family, basically people from Hong Kong, arrived at the Qin family mansion this morning. It was because two trucks came to the mansion. This was the price for helping Li Cong this time. Li Cong
Two trucks of jade rough stones were specially transported to them. At this time, Mr. Qin also looked at his son Qin Guozhong with great admiration. In the past, he only thought that his son was a very business-savvy person, but he did not expect his own.
My son is also very accomplished in interpersonal communication. He has made acquaintance with such a very good person. From the time he first met this person to now, Qin's Jewelry has made at least over 10 billion Hong Kong dollars in profit from this person. This figure is already equivalent to
Before the Burmese Jade Public Offering, Qin's jewelry owned one-third of the family property. Now that this boy is officially asked to take over the position of head of the family, no one in the family will object.
"Father, there are a total of 350 jadeite stones in these two cars. I have seen them all, and some of them are really good. Should we use the same strategy as before, or should we cut them all?
?" Qin Guozhong glanced at his father and asked. In the past, Qin's jewelry didn't care much about these jadeite rough stones. They bought all jadeite, but now it's different from before. If they only buy jadeite, I'm afraid that I
The money is really not enough.
"Haha, now that I'm old, you can make your own decisions about these things in the future. Has your friend brought back the jade he left for us?" Mr. Qin said with a smile, which was a disguised form in front of the whole family.
He recognized Qin Guozhong's status as the head of the family. Even a few people who usually had a bad relationship with Qin Guozhong now knew that this boy's status had basically been consolidated. People like him basically had no hope at all.
If you still want to be shameless, you shouldn't continue to struggle with this matter, otherwise you may become enemies in the end.
"I brought it back. They are in those two boxes. They are all top-grade jadeite. These two pieces of jadeite are both made of glass. I offered a price of 3.5 billion Hong Kong dollars. These two pieces of jadeite are according to our Qin's Jewelry
Judging from the current consumption, it can last for almost six or seven months. At that time, I believe there will be some harvest from these jadeite rough stones. Even if we do not participate in this public sale this time, we can still last for more than a year."
Of course Qin Guozhong knew why Li Cong sold him two pieces of jade at this time, but he just didn't want his family to be killed so badly in the upcoming public sale.
The price of 3.5 billion Hong Kong dollars? Others in the family looked at Qin Guozhong in disbelief. When did this kid have so much power? He was so powerful. He could do such things. In the past, the most he could do was go
When I was in Myanmar, I could bring over a billion Hong Kong dollars from my family, but now I can actually use more than one-third of the family's liquidity. It seems that the old man is really interested in this guy.
When the old man saw these two pieces of jadeite in his house, he showed a satisfied smile on his face. This friend of his son is really interesting. If these two pieces of jadeite are made into jewelry and sold, there will be at least four people.
With an income of more than 1 billion, although the profit is only 500 million Hong Kong dollars, it is still better than closing without goods, and you can also raise the price when the time comes. After all, the price is calculated based on the current price. In the future, it will be a
It’s hard to say what the price will be, but maybe this is just the beginning.
Mr. Qin can be regarded as a prophet. He thought that at this time, one of his nephews came in quickly with a few newspapers from outside. He looked as if something big had happened. The Qin family's tutoring was pretty good.
This shouldn't happen, but the expression on this guy's face is really anxious at this time.
"Second brother, what happened? Come and take a look at our jade." Qin Guozhong knew it was his cousin when he heard the footsteps, but now he was carrying him, and he couldn't see this guy's face from that position.
With such an expression on his face, he thought that this guy also knew that there were two new pieces of jadeite at home, so he rushed over to take a look. Little did he know that the newspaper in his hand was the one where something big happened. Something big happened in Myanmar.
, something big happened to Myanmar’s jade.
"Where do I have time to read this? Uncle, let's read this news. Several major world newspapers and websites have published such a piece of news. The largest jadeite raw stone warehouse of Myanmar's largest warlord Liu Huoshan is...
A huge explosion occurred an hour ago, and hundreds of thousands of jadeite stones were lost. Almost everyone must know about it now." The news has already reached the newspapers, and anyone who can afford the newspaper will probably know it.
Everyone already knew the news. Mr. Qin was just happy that his family got two pieces of fine jade. Now the smile on his face immediately disappeared. So many jadeite rough stones, worth hundreds of thousands, should be
Liu Huoshan has been saving for more than ten years, and the warlords no longer have jadeite rough in their hands. So what price will be offered in the next public sale?
Mr. Qin thought about the jadeite rough stones outside. After this news and the hype of interested people, it is estimated that the jadeite rough stones outside are worth 3 million Hong Kong dollars, maybe 5 million Hong Kong dollars, or even higher. The current one
Anything can happen in society, but the happiest ones are probably the speculators, and they are the speculators who have the goods in hand. Among other things, this kid Ling Tengyun spent millions of Hong Kong dollars to buy it in the beginning.
But when the news was reported, several people from the Northeast Business Gang came to this guy's hotel room. They wanted to double the price to buy the jadeite stone in Ling Tengyun's hands. Unfortunately, Ling Tengyun simply couldn't
I don’t want to sell, but I still get annoyed by these people every day.
Chow Tai Fook Jewelry Group Conference Room. Because of the incident in Myanmar, Hong Kong's largest jewelry group held its board of directors meeting overnight. At the meeting, Chairman Zheng Yutong and other directors asked the group to use its maximum strength to acquire jadeite rough. Otherwise, Chow Tai Fook would probably
There is a possibility that this brand will not exist. In the jewelry industry, everything is sold at the same price. The more expensive the item, the more customers it has. This item does not become more popular as it is cheaper. In the past, jadeite was only a mid-to-high-end product.
Things, but after so many things, jade has now become the highest jewelry that can surpass diamonds, so they must adjust their business strategies. The previous ones are basically unusable now.
, which is also one of the reasons for the meeting tonight.
"Everyone, our people in Myanmar have confirmed the accuracy of this news. Although the Myanmar warlord Liu Huoshan still has several jade mines, they are all jade mines that have been mined for many years. Can they continue?
Production is still a problem. Now the shortage of jade rough stones is no longer a short-term problem caused by the war. It may become a long-term problem. Although there are more than 2 million jade rough stones on the Yangon Jade Public Market, among them
There are still very few high-quality ones, and the ones Liu Huoshan lost are all high-quality ones. Even now that Myanmar has entered a period of peace, I think it is still very problematic to want more high-quality jadeite rough stones as before.
." The person in charge of Chow Tai Fook's purchasing department said with a grimace. All this happened so suddenly that he had no chance to operate it. Now he has to face the bitter consequences of high prices.
"Things are basically settled. I believe everyone understands what Minister Wang just said. Our group may be in an extremely critical position now. The next step for our survival is jade, and all jade is from
It comes from jadeite rough stones, so we must have a huge jadeite rough reserve so that we will not lose so quickly in the next competition in the jewelry industry. Vice President Zhao, can you tell us about this time?
I hope everyone can listen carefully to the preparations of the group and the difficulties it has encountered. If something happens, everyone will have to bear the responsibility in the future." Mr. Zheng Yutong said that he has not participated in Chow Tai Fook's events for so many years.
The board of directors has never convened such an urgent meeting. This time he came to attend, which shows that this meeting is very important, and indeed, as he said, it is related to whether Chow Tai Fook can survive in the future.
"Okay, I believe everyone is clear about what Chairman Zheng said just now. Let me explain it in detail. Our group has now collected 6 billion Hong Kong dollars to purchase raw jadeite. Originally, we felt that this price should be enough to purchase six billion Hong Kong dollars for our group.
Monthly demand, but due to the impact of this news, it is estimated that six billion Hong Kong dollars can purchase half of the previous amount. Therefore, the purpose of the group convening this meeting is to hope that everyone can raise a sum of money, and finally according to the
I can tell you that through calculations by the group’s financial department, when this money is taken out by the end of the year, there should be more than 30% of the benefits, and of course it may be even higher, so we are ready to face everyone
Hong Kong citizens are issuing corporate bonds with an annual return rate of 20%, and 3 billion Hong Kong dollars in bonds will be issued within the board of directors. I hope everyone can support the group at this time." This Vice President Zhao has also been Zheng Yutong's deputy for many years.
In the past, he would never have imagined that the famous Chow Tai Fook Jewelry Group would reach this point, but what happened here today made him understand that if he didn't do this, the Chow Tai Fook Jewelry brand might really disappear.
A three billion Hong Kong dollar group bond? Although every director has known about this for a long time, they still did not expect to issue so many. The group issued four billion Hong Kong dollar bonds as early as the beginning of the year. Generally, it is like
For a group like Chow Tai Fook, 4 billion Hong Kong dollars a year is basically over. But now the total number of employees and the board of directors must exceed 10 billion Hong Kong dollars. If all this money is spent on procurement, the entire group may not be able to purchase jadeite.
The money will reach more than 10 billion Hong Kong dollars, which is a very huge investment at any time.
"I'm sorry, Mr. Zheng, I feel that this jadeite is a bit overheated. We have now spent all our funds on purchasing jadeite, so what should we do with the diamond purchase in November? We still have to continue at that time.
Issuing bonds? As an old shareholder of the group, I hope that the group will do well. I do not recommend that the group purchases jade on such a large scale, but I have no other opinions on the resolution of the board of directors. I personally subscribe for 5 million Hong Kong dollars in corporate bonds.
." There will be a few naysayers within every group. This person was Zheng Yutong's collaborator in the early years, but now he has become Mr. Zheng's biggest enemy within the group. His family fortune is worth dozens of dollars.
Between 100 million Hong Kong dollars, but now I am only buying 5 million Hong Kong dollars in bonds, and what I said is considered to be pertinent. This is to tell those who are wavering that this resolution was made by Zheng Yutong himself and has nothing to do with him. Lose money.
What he said is all Zheng Yutong’s own business and has nothing to do with anyone else, especially me.
In the past, as long as this old guy raised some objections, he would not dare to speak to the outside staff, but there would always be some supporters within the board of directors. But now, looking at it, his die-hard supporters in the past will now
I almost avoided the eyes of this old guy. We can't help you, old guy, if you have to fight with the chairman, but now is a critical time. You fight, but you can't stop us from making a fortune. Buying jadeite rough now is
A thing that is a hundred times more important than buying diamonds, the price of raw jadeite is now almost the same as that of gold, but there is not so much gold, but there are so many raw jadeite.
"I disagree with what Mr. Zhu said. I think everything is risky. Although it is not impossible for Chow Tai Fook to develop steadily, but if this continues, our pace may be outpaced by some people."
For example, Qin's Jewelry, whose assets were only half of ours before, but looking at Qin's Jewelry's actions in the past few years, I am not very clear about other aspects, but when it comes to jade, Qin's Jewelry has indeed left us behind.
It’s very far away, so I support the group’s decision and I buy the group’s bonds for 25 million Hong Kong dollars.” A confidant of Zheng Yutong immediately hit back. His words won the approval of many people, and in a short time, hundreds of millions of dollars were invested.
The bonds have been sold. Most of the people on the board of directors have hundreds of millions in wealth. Buying the bonds of the group looks good and it is an investment. Why not do it? It’s just the old man Zhu who just spoke.
I was a little confused. When could these juniors accuse me like this? Mr. Zheng Yutong could see the expression on this guy's face, but he didn't say anything about Bodhisattvas, just to let his subordinates see clearly.
This time I was ungrateful.
When Zheng Yutong saw the news, he immediately breathed a sigh of relief. The jadeite stones that Li Cong sold to him the day before yesterday immediately doubled in value because of the news. Although the two stones he opened were nothing good,
With this doubled price, I can be considered as earning back my capital. Because of the increase in the price of raw jadeite, the price of jadeite, which was already high, has become even higher.
Zheng Yutong has been able to make waves in Hong Kong for so many years, but he knows this market very clearly. Now everyone is hoarding raw jadeite. If you hoard it, it may not have any big effect, but if you don't hoard it, you may die immediately. This
Even in such a market, it is not impossible for him to rely on his own ability, but the risk is too great. He is already over seventy years old, and he doesn’t want to have nothing when he dies, so he thought of using the group’s
If you go shopping in your name, even if you lose money, someone will follow you. If you win money, it will be easy. These people are your own people. When the time comes, you will eat meat and drink soup. Is there anything wrong? Who told you to follow?
Where am I?
"Mr. Zheng, now the bonds plus the group's funds, we have more than 20 billion Hong Kong dollars in funds to hoard jadeite rough. I don't know if it is enough?" After the meeting, the vice president of the website and the director of the wealth department brought two people together.
A document walked into Mr. Zheng Yutong's office. The three of them are the core part of the entire group.
"Haha, 20 billion Hong Kong dollars is the biggest investment in my life, but I still dare not say whether the money is enough. People in this world are too crazy because of jade. Although we are not speculators, we can use this
It has nothing to do with getting rich. I keep talking about the Chow Tai Fook brand, but is this brand worth 20 billion Hong Kong dollars? Those magazines say it is worth at least 100 billion Hong Kong dollars. But if I sell this brand to him, does he need it? He is willing to pay for it.
Did he estimate the money himself? No, so this time our task is to acquire as much jade as possible and then resell it. Our jewelry store will specialize in diamonds from now on, and the jade piece will be given to Qin's Jewelry
, But when we withdraw, we still have to make a profit." Zheng Yutong has already seen that it is a certainty that Qin's jewelry will grow bigger by relying on jade, and they have no way to stop it. The only way now is
All you have to do is do your own thing honestly, and it will be good if you can still make some profits when you retreat.
The other two subordinates knew Zheng Yutong's character. He must have thought about it for a long time before he could make this decision. Both of them shook their heads helplessly. The boss who had been strong all his life must admit defeat at this time. In the future,
In Hong Kong's jewelry industry, Chow Tai Fook's brand may be a little weaker, at least in terms of jade, it won't make any achievements. I wonder if this will make Qin's jewelry fall further behind?