Tao Liangchen

Chapter 712 Another Cash Cow

Chapter 162 Second Spring

The rooftop of the Central hi~o(* ̄▽ ̄*)ブ Garden Hotel.

The conversation continued.

Sitting at the table under the parasol, Manager Peng's heart skipped a beat when Su Yehao asked if he was interested in joining him.

He thought excitedly, "The moment has finally come."

This damned talent of his, shining wherever he goes, left him momentarily at a loss.

After a moment of silence,

Manager Peng smiled, took a sip of iced lemon tea to calm his nerves, clenched his fist, and said:

"To be headhunted by Master Su in person, and for such an important role? I'm truly blessed, my ancestors' graves must be smoking! But this is all so sudden, I'm completely unprepared. Please give me some time to consider. After all, I'm holding onto a secure job, and I can't betray my superiors' trust... Even if I take the plunge, I need to finish my work first."

Despite the words, Manager Peng was actually very tempted.

Nowadays, everyone is jumping into the private sector.

Unlike the old days when losing a government job meant losing one's livelihood, the economy is now developing. Starting your own business, becoming self-employed, or working as a senior executive in a foreign or private company can easily earn you more than a secure government job, as long as you have the ability.

A few months ago, when SSSSSS Asset Management Company was established, it poached a group of middle and senior managers from the Big Four accounting firms. The news that the starting salary for a vice president was as high as three million Hong Kong dollars had already spread like wildfire in the financial world.

Manager Peng had been close to Su Yehao since he was the bank manager, so how could he not have noticed such explosive news?

Suddenly learning that another company was about to be established, he thought a huge pie had fallen into his lap. Manager Peng had already started thinking about how to write his resignation letter, which deputy would take over his work, and bringing his wife and children to settle in Hong Kong.

He even had a target school in mind for his children—the Donghuang Rose Middle School in Casino, which he thought was excellent.

Sitting opposite him, Su Yehao was speechless, keenly aware that Manager Peng seemed to have misunderstood.

His intention was actually to ask Manager Peng to report to the president of ICBC, and then invite ICBC to co-invest as a small shareholder, to attract more influential large financial institutions.

For example, Bank of China, China International Capital Corporation, and CITIC were all on Su Yehao's tentative list of partners, hoping to increase the influence of the new investment bank being established.

Now, seeing Manager Peng so excited,

Su Yehao hesitated, unable to bring himself to tell him the truth, and said with an awkward smile:

"Yes, yes, with Mr. Peng's qualifications, it's more than enough for you to be a senior executive in my new company. However, the best positions will definitely be reserved for others, after all, the investment banking business is very complicated, and it's difficult to complete the task of expanding the territory without experience."

"Investment banking, I understand a little."

Manager Peng suddenly felt like he was about to reach the peak of his life, a second spring in his middle age. He was so happy that he couldn't close his mouth, and said:

"I know my own limitations, and I'm aware that my abilities are lacking. The initial stage of a company's establishment is crucial, so I deeply understand Master Su's difficulties. I often deal with the Big Four investment banks—Goldman Sachs, Merrill Lynch, Morgan Stanley, and Citigroup. With your current strength, Master Su, it's definitely right to try this field. Investment banking is more profitable than banking, the key is that the mainland market is a blank slate, and almost no one will compete with us..."

Excited, he spoke more.

Su Yehao silently drank his iced coffee, clearly hearing the word "us". He smiled wryly, thinking that he would probably have to reserve a position for Manager Peng.

Fortunately, he often dealt with Manager Peng.

This bank executive's personality, ability, and resources seemed to be quite good. He only lacked experience working in investment banking, and was more suitable for handling financial management and financing, so it was a lucky accident.

Not caring about this small problem,

After Manager Peng finished speaking, Su Yehao asked him: "I heard that there are China International Capital Corporation, China Merchants Securities, Haitong Securities, and Guoxin Securities in the mainland. How much do you know about them?"

Thinking that this young master was interviewing him,

Manager Peng sat up straight, racking his brains for information related to these companies, and frowned slightly:

"The ones you mentioned, Master Su, are all state-owned enterprises, right? I feel that they are somewhat different from those multinational investment banks in terms of business. As for which private companies are doing well in this field, I don't seem to have heard of any. When I worked at the Bank of China a few years ago, I undertook a chemical plant financing cooperation project led by Goldman Sachs. Their plan was impeccable, and they even projected their financial reports ten years into the future."

Su Yehao was just asking casually.

In his opinion, these so-called investment banks were all favored sons who didn't lack business, and they were all rushing to do the most profitable brokerage business, which was a bit unprofessional.

Su Yehao's main goal this time, in addition to cultivating another cash cow, was to focus on creating a service platform to provide paid services to enterprises, financial institutions, wealthy individuals, and officials, becoming a so-called "financial intermediary."

Credit rating, corporate restructuring, mergers and acquisitions, and financing services have not yet attracted much attention, and there are no professional consulting firms yet.

Generally speaking, the prospects for establishing a new investment bank are still good.

The worst-case scenario is simply taking a step back. Even if these businesses don't develop in the mainland, they can still make money through securities, venture capital, and project financing, which is no pressure for Su Yehao.

...

After chatting with Manager Peng, Su Yehao went to Sweet Fish Entertainment.

*Meteor Garden* had long since finished airing. Recently, Jiang Yu mentioned that more than twenty television stations across Asia had acquired the rebroadcast rights to the show, sparking a particularly hot trend.

Last month, the F4 group held fan meetings in Tokyo and Seoul, and the streets were filled with people. They sold more than 30,000 T-shirts with the same design.

The wholesale price of a pure cotton T-shirt was only a few Hong Kong dollars, but it sold for more than two hundred Hong Kong dollars in Japan.

With only the words "F4 Tokyo Support Commemorative" written on it, posters, notebooks, and matching hats also sold out. The total sales of official merchandise had reached more than one hundred million Hong Kong dollars, directly recouping the production costs.

When Su Yehao arrived at the company, the little girl was looking at the account books.

She said with a melancholy tone, "I didn't expect it, I didn't expect it. If I had known, I would have opened a clothing factory. How long has it been since the drama finished airing? There are already matching clothes and hats on the market. The sales of merchandise have plummeted in the past half month!"

"It was just a passing fad. Let them film some new dramas. Remember to find opportunities to distribute more money, so they don't get too arrogant and think they're really capable, and start disliking the company."

"I know, we'll all get rich together. There are still a few scripts coming up, and F4 and the Heavenly Kings will be assigned roles."

Putting away the documents on the table, Nangong Tian got up and smiled, "Let's go get a haircut. I've been annoyed by your bird's nest head for a long time. Last time you wore flip-flops and ran to Yau Tsim Mong to eat fish balls, people laughed at your photos for a long time."

Dismissing her concern, Su Yehao shrugged:

"What do you know? That's called being down-to-earth. Compared to me, those guys who think they're superior are the most annoying. Especially those who have studied abroad for a few years and like to be picky, they seem to be missing a screw, I get annoyed just seeing them..."