Chapter 414: Hold On Without Waves 2/2
Now there are ten restaurants owned by Mr. Lin. He has been operating steadily over the years. While training corresponding chefs, he also bought the restaurant's house together. Therefore, although the development is relatively slow, it is extremely stable!
Nowadays, private enterprises in the mainland have gradually become popular. 1984 was the first year of China Private Enterprise Company. Many outstanding companies in the future started their businesses in this year, among which the most well-known ones are Huawei, Lenovo, Vanke, etc.
It has been almost ten years since the reform and opening up. Private enterprises have begun to go through the most difficult period and are thriving under this blue ocean. Many companies have emerged. Maybe anyone on the street may be a certain manager.
Under this situation, Teacher Lin integrated his own restaurants to form a catering company called Qiqi Catering Co., Ltd., with Teacher Lin as the general manager.
Her current management level has skyrocketed. These ten hotels are managed in an orderly manner and are no longer as hectic as before. It is worth mentioning that Qiqi's best friend An Miaomiao was promoted by Teacher Lin to be her assistant to the general manager.
An Miaomiao's management skills are quite strong, and it will be much easier for Teacher Lin to have her. Although their company is not too big, it is still relatively big among catering companies.
With the advent of reform, people did not have much capital at the beginning. In this case, catering was the most suitable choice. After all, food is the most important thing for the people!
Under this situation, hundreds of restaurants are opened every day, but due to lack of funds and standardized management, it is difficult for these restaurants to grow rapidly.
Of course, there are some time-honored brands that are developing very quickly, but they are all at the expense of reputation. They do not take into account many factors when developing rapidly, such as the training of chefs, the integration of management teams, the improvement of the quality of waiters, etc. These are all catering
Things that are essential for your business to consider.
Qiqi Catering Company has achieved these things, so it has a very good reputation in the industry, and has a deep impression in the minds of diners. With the support of its peers, its reputation is slowly improving!
Zhao Hong is quite optimistic about this company and believes that it will definitely become a large company with a market value of hundreds of billions in another ten or twenty years. The company may develop a little slower in the early stage, but this is okay. At this stage, many enterprises in the mainland are
Crossing the river by feeling the stones, under normal circumstances many companies will take detours in the development process.
But Qiqi Catering can't do that. With a bug like Zhao Hong, it's hard to go astray!
As long as the company sticks to the current path and develops calmly, its future achievements will not be small.
More than a month has passed since the stock market crash, and people are slowly recovering. Xiangjiang's economy has been greatly affected, and the most profound impact is on real estate.
Real estate companies have only been developing well for three or four years when they suffered a big blow. Of course, this was aimed at those real estate companies that expanded blindly and small real estate companies that were not strong enough.
Under such circumstances, Meisheng Bank has launched some relief plans, mainly targeting loans to companies with excellent assets. This is mainly to expand the influence of its own bank in Hong Kong.
At this stage, the bank has grown to a bottleneck. Without any major adjustment, it will not develop in a big leap. In this case, it is necessary to accumulate customers. These small companies are good customers of the bank.
This operation was learned from Shen Bi, a senior classmate at HSBC. He is a very gambler and likes to invest in businessmen who seem to him to be promising. Facts have proved that his vision is really promising.
Li Chaoren, Bao Tycoon, etc. will all be influential figures in Hong Kong in the next few decades, and the return on investment in these people will be quite generous. It is these big customers that support HSBC to surpass Standard Chartered.
At this stage, Meisheng Bank is not inferior to HSBC in terms of large customers, but it does not have as many public groups. This stock market crash is a good opportunity.
During this stock market crash, Macheng Bank made at least 5 billion, and it was still in US dollars. These are not the wave of operations in the American stock market. In fact, it is really difficult for banks to know the time of the upcoming stock market crash and want to make money without knowing it. Don’t be too relaxed. After all, citizens save a huge amount of money. If you operate these assets casually, they will surge upwards. In this regard, even DreamWorks is ashamed!
The stock market crash had a great impact on both Standard Chartered and HSBC. They were more or less severely hit and had to wait at least a year and a half before they could get back on their feet. This was a good time for Meisheng Bank to start staking its claim.
Of course, we are contributing to the economy of Hong Kong and reducing the unemployment rate of Hong Kong people!
In this case, HSBC and Standard Chartered can only watch helplessly as Macheng Bank seizes the market and can do nothing!
It is only now that Meisheng Bank has the same level of impression among Hong Kong residents as HSBC and Standard Chartered. This is mainly because Meisheng Bank is developing too fast and many citizens have not adapted to it.
They still prefer the two British-owned banks that issue Hong Kong dollars. Chinese-owned banks are a bit unreliable these days, and many banks fail too quickly.
In the past few years alone, the number of Chinese-owned banks in Hong Kong has been reduced by more than half. Even the surviving Chinese-owned banks have been invested by Standard Chartered and HSBC. In such a general environment, how can they rest assured to put their life savings in such a bank? middle.
You must know that the purpose of their storage is for safety and earning interest. If safety cannot be guaranteed, it is useless to store it!
The role of Meisheng Bank in this stock market crash aroused the favor of many people. The DreamWorks media also carried out large-scale reports on this aspect. In this case, Meisheng Bank’s popularity and credibility both benefited.
"Hong Zai, during this period our bank has provided loans to more than 100 small companies, which cost more than 5 billion Hong Kong dollars. However, our bank still has a lot of cash flow. I wonder what we can do to make money now?"
After dinner at home, when everyone was chatting together, his father asked about Zhao Hong.
In this situation, the whole family looked at him, and no one would question his prediction, which was based on being right countless times.
It can be said that Zhao Hong's family has achieved such impressive results mainly because of his choices. Every big decision he makes brings the family to a higher level.
The fact that the family's business was able to survive the stock market crash safely and thrive from it is all thanks to Zhao Hong!
Zhao Hong saw everyone looking at her and said a little embarrassedly: "I feel that after the stock market crash, all industries will usher in great development, so no matter what industry it is, as long as it is run well, it will make money. Of course, the most profitable thing in Xiangjiang will always be real estate." Harmony!"
Father and the others also nodded. The real estate in Xiangjiang has produced many giants. Most of the richest people in Xiangjiang made their fortunes in real estate.
As for financial services, it is easier to understand. HSBC has always been the uncrowned king of Hong Kong. What does this mean? That is that they are very profitable!
The current value of Meisheng Bank is more than 100 billion Hong Kong dollars, and its assets have grown too fast!
Zhao Hong and his father chatted about some companies with development potential. If others need it, they can make friends with them. The main business of the bank is to collect retail investors' money and give it to those in need, and make profits from it.
It’s not too easy to make money after getting to know big customers!
During this period, DreamWorks' resources are also in the integration stage. Due to the acquisition of two new companies, it will take some time to make them work together.
After the Kadoorie family lost control of the Xiangjiang Hotel, they directly took a step to drain the hotel and took away many of the management.
Chapter completed!