Tao Liangchen
Chapter 648 Peace and the Shopping Mall
The guests who attended the groundbreaking ceremony were still there, and Su Yehao was responsible for helping with the reception.
At this moment, a man in his fifties, wearing a loose brown suit, came over, extended his hands, and greeted Su Yehao. He said enthusiastically, "Young Master Su! Long time no see. The last time I went to inspect the Qianxin Zhicheng (Thousand Core City) project in Qianhai, I met you. I'm Li An'yuan, the deputy general manager of Ping An Insurance."
"Director Li! I've heard so much about you. Ping An is a great company. I mentioned to someone recently that we should focus on you."
Su Yehao had been to Qianhai several times, each time with a large group of people. He had met so many people that he didn't actually remember this Deputy Director Li.
The other party probably knew this, so he specifically mentioned his name.
As the first joint-stock insurance company in the mainland, Ping An was definitely a large company in the mainland and had considerable influence in Pengcheng.
At this time, Ping An Group hadn't been listed yet, but it had already ventured into securities, finance, and other fields, and its development momentum was quite rapid. Su Yehao's statement that he was focusing on it wasn't a joke.
Deputy Director Li was moved when he heard this, and his smile deepened. He continued while shaking hands, "Focusing on us? We would be very happy to cooperate with you, Young Master Su! It's an honor! The newspapers have been full of news about you these days, showing your prowess on the U.S. securities market. It fills me with excitement, and all I can do is admire you! Hahaha!"
Su Yehao calmly deflected, replying, "It has nothing to do with me. It's just that the investment advisor I'm working with is capable. I just stumbled upon it and didn't expect to run into the Nasdaq stock crash. If Ping An needs funds, feel free to mention it to me. Whether it's me personally, or the 5s Asset Management Company established in cooperation with several mainland companies, we are happy to reach an investment agreement with you. There should be many opportunities to interact in the future."
Deputy Director Li listened carefully, truly smiling from ear to ear. He said, "That's great. I will definitely contact you if we need it. We've also been following the news about the establishment of 5s Asset Management Company. Since it's an asset management company, it should have needs in securities trading, right? As long as you open an account with us, Young Master, we guarantee to provide you with the best service, and the commission fees will definitely be reduced to the minimum."
Hearing this, Su Yehao assumed that this was Deputy Director Li An'yuan's purpose in greeting him. He said politely, "This company is still in preparation, and its mainland business hasn't officially started yet. We'll have to trouble you then."
"Haha, not at all! We'd be delighted!"
Changing the subject, Deputy Director Li then asked tentatively, "I heard that the 5s Asset Management Company, which Young Master co-founded with the Big Four, is preparing to take a stake in the Hong Kong Stock Exchange? I wonder if our company has the opportunity to cooperate with you as well?"
"Oh? You also want to invest in the Hong Kong Stock Exchange?"
"Yes, to be honest, our company has been discussing the feasibility of raising funds for listing in Hong Kong, but this area hasn't been opened up yet and is still under research and discussion. The news of the merger of the three companies in Hong Kong has been making headlines recently. As one of the largest financial trading centers in Asia, we are very optimistic about its prospects after the merger."
After Deputy Director Li finished speaking, Su Yehao paused for a moment and explained, "Its market value after the merger is indeed not high, and there are investment prospects. If you really want to finance it, there should be some hope. However, I can't guarantee it. The reform plan hasn't been finalized yet, and even if I want to acquire more shares myself, it won't be easy. There are too many potential financiers. As far as I know, multinational financial companies are actively contacting them."
Already adopting a try-and-see attitude, Deputy Director Li immediately said happily after hearing this, "So the competition is so fierce. If it doesn't work out, then forget it. If we really go public on the Hong Kong Stock Exchange, we will have to ask Young Master to help us out then. As for opening a securities account with our company, we are willing to do our best to provide you with all the assistance within our power."
"Understood, understood. As long as you want to accept financing, I won't dare to say too much, but I can personally take out three or four billion."
After taking the opportunity to express his position, Su Yehao was particularly enthusiastic.
Through this short selling, he had made another quick buck from the market. In addition, the decline in Yanwenzi Group's stock price wasn't that significant, which meant that he had even more money on hand. He also had the opportunity to take out a stock pledge loan using Yanwenzi Group's shares, and get another sum of money.
Immediately afterward, executives from other companies came to greet Su Yehao, inquiring about the details of 5s Asset Management Company and expressing their intention to have Su Yehao help manage their funds.
Many companies couldn't wait to invest their funds overseas as soon as they had a little money, thinking that it was easier to make money abroad.
This was a typical case of only seeing the thief eat meat, but not seeing the thief get beaten.
...
Su's father treated people to lunch.
Su Yehao didn't accompany them today. The average age of the people present was twenty or thirty years older than him. They couldn't chat together, and they would probably drink alcohol, so it was better not to go and have some peace and quiet.
He took a car to the Sihai International Shopping Mall, which was under renovation. The signs of brands such as Chanel, LV, Rolex, and SK-II had already been hung on the shops with the best locations.
This shopping mall was the first to start construction, starting in 1997 and continuing until now, for more than two years. It was scheduled to officially open on Labor Day this year, with only a little more than a month left.
Wearing a safety helmet, he walked around the shopping mall, which was blocked by walls, and found that Nokia, Motorola, Siemens, and other mobile phone companies had also moved in. In addition, there were Estée Lauder, Dior, L'Oréal and other cosmetics counters.
It could be seen that the brands that had moved in were of a relatively high grade. There were also BMW, Audi, and Mercedes-Benz showrooms at the corner.
Linda Yun accompanied him and said in surprise, "There's even Hermès!? These brands are so generous. Even the central square in your family's Casino, 1997 didn't attract Hermès to move in, did it?"
Sneering, Su Yehao went upstairs with his hands behind his back and explained, "They just want to shape their brand image through high-end shopping malls in the mainland. Whether they make money in the short term is not important, as it is equivalent to advertising to the outside world in advance. And my shopping mall is also improving its positioning through these brands, to differentiate itself from other competitors. Luxury brands are all putting on airs, not only wanting to reduce rents, but also wanting the best shops. Sewing a bag out of a few pieces of leather costs no more than three to five hundred Hong Kong dollars. How can that be considered a luxury?"
Linda Yun said, "Compared to you, of course, it's not a luxury. Even sports cars are worthless in your eyes. I still remember when I was working at school, I felt sorry for myself for buying a Chanel lambskin bag, and I couldn't bear to buy shoes that cost more than two thousand yuan."
Su Yehao glanced at her and teased, "You haven't worn the same clothes twice recently, and you often change your shoes and bags. Am I paying you too much?"
"...No, they're all old styles. I can't save any money every month," Linda Yun said guiltily.
Objectively speaking, she really felt that even if she found a fresh graduate with a monthly salary of ten thousand yuan, they could do this job well.
Not pressing her further, Su Yehao sighed at this moment, "The atmosphere is good, the European style is very beautiful. I'm just afraid that people will go to Hong Kong to shop at that time. It's too convenient to go back and forth, and things are cheaper. There aren't enough restaurants upstairs, and there are too many clothing stores. When the second phase is completed, we need to adjust it slightly so that customers with ordinary spending power can also have fun here. It lacks a bit of earthiness..."