Bringing Hang Seng Bank there and exchanging US dollars for Chinese currency to support the development of the Inland Takeoff Group would undoubtedly be a very good choice.
Putting everything else aside, the exchange rate alone would give Shen Dong a huge advantage.
Similarly, the country can also have more foreign exchange.
Upon hearing this, Du Yuxin said happily, "That's great. Mr. Shen, let me tell you something. As long as your Tengfei Group invests in the mainland, no matter which place you fancy, the local government will welcome you with open arms. In short, we have land, people, and policies to offer. If you invest in US dollars, we will give you even greater preferential treatment."
Shen Dong said, "I'll remember what you said. I might have some big plans in the future, and I hope to get the government's support then."
Du Yuxin asked, "Could you tell me how big it will be?"
Shen Dong laughed and said, "An industry with annual profits of at least several billion, is that big enough?"
After withdrawing all his funds from the Japanese stock market, Shen Dong immediately set his sights on acquiring high-tech companies in Japan, including those in semiconductors, communications, electronics, gaming, and the internet.
The recent stock market crash has hit the real estate and electronics industries the hardest.
Many companies are facing bankruptcy.
The employees of Tengfei Investment Company were divided into eight groups, each responsible for a target. Three of the groups have already started negotiating acquisitions with the target companies.
Shen Dong knew how important these industries were to the future development of technology, so he had to seize this once-in-a-lifetime opportunity to acquire these companies and lay a solid foundation for Tengfei Technology to become a world-class technology giant.
Du Yuxin asked suspiciously, "Are you just making empty promises to us?"
Shen Dong said, "It's not about making empty promises, it's about giving away empty promises."
"Hahaha"
Du Yuxin laughed loudly, "Then I'll wait for your good news."
In a villa in Central
Song Zihao, along with his younger brother Song Zijie, sister-in-law Zhong Rou, nephew Xiao Yan, and girlfriend Zhang Jiajia, gathered together.
Song Zihao is very satisfied with his current life.
His relationship with Song Zijie had long since returned to normal, and he treated Xiaoyan like his own son, buying so many toys for the boy that they filled Song Zijie's bedroom.
The only thing that frustrated Song Zihao was that Song Zijie absolutely refused to take his money.
He would rather live in a small 70-square-meter apartment than move into the 200-square-meter mansion he bought.
However, seeing how happy the family of three was, Song Zihao was very gratified.
Zhong Rou took a sip of red wine, her eyes lit up, and she said, "Big brother, what kind of wine is this? It's really delicious."
Song Zihao laughed and said, "A while ago, Brother Dong bought a batch of red wine from abroad for his girlfriend, and we each got two cases."
Zhang Jiajia said, "I've had this kind of red wine abroad, and it costs around eight thousand US dollars a bottle. However, the bottle I drank was clearly not as good as this one; I estimate it to be at least twelve thousand US dollars."
Zhong Rou gasped and said, "My God, this is too expensive. It's almost half a year's salary for me."
Zhang Jiajia said, "For a super-rich person with a net worth of tens of billions of US dollars, this amount of money is nothing."
Song Zihao said, "Brother Dong has no interest in red wine at all. He usually drinks Moutai, which costs two hundred Hong Kong dollars a bottle."
Zhang Jiajia asked curiously, "Honey, did you really make 20 billion US dollars from the Japanese stock market during this business trip?"
Song Zihao nodded and said, "More than enough."
Zhang Jiajia said, "Investing 15 billion US dollars, and using five times leverage, aren't you afraid of losing money?"
Song Zihao shrugged and said, "Maybe this is the difference between Brother Dong and us ordinary people? Half a year ago, he predicted that the United States would never let Japan's economy surpass its own. However, Brother Dong didn't know when the stock market would crash. After entering the Japanese stock market, our plan was to hold on for one to three years. Unexpectedly, Japan couldn't hold on for more than half a month. Hehe, it's quite satisfying to be able to make money from the Japanese."
Song Zijie had no liking for Shen Dong at all, and said, "Having made so much money, your boss shouldn't have any more contact with the gang, right?"
Song Zihao sighed and said, "Tengfei Group's future goal is the stars and the sea, how could we possibly contact those gangs again?"
Song Zijie said, "But you still occupy a lot of territory and are still collecting protection money from those merchants."
Song Zihao said, "Do you know that Brother Dong has wanted to withdraw his men for a long time? It was the more than one hundred merchants in those areas who jointly wrote a letter to Brother Dong, asking our men not to leave. There was no other way, so Brother Dong had to let his men stay there."
Song Zijie burst out laughing and said, "Big brother, are you kidding me?"
Song Zihao said, "The merchants in these territories are protected by our brothers, and no gang dares to cause trouble. The protection fees we collect are less than 30% of what other gangs charge. If we leave, these territories will immediately be swallowed up by other gangs, and the protection fees for these merchants will at least triple. Most frighteningly, their safety will also be seriously compromised, and it's uncertain whether business will even be possible. Ah Jie, if you were in their shoes, what would you choose?"
"I..."
Song Zijie was speechless.
Song Zihao continued, "Brother Dong didn't want these territories anymore because the protection money paid by the merchants wasn't even enough to pay the brothers' wages, and it was also having a very bad impact on our Tengfei Group. So Brother Dong originally planned to hand over the territories to Hung Hing, but faced with the merchants' requests, he had no choice but to bite the bullet and agree. Ah Jie, if you have a good solution, I can get the brothers there to withdraw immediately, without any hesitation."
Song Zijie said, "Okay, you said it yourself."
Song Zihao laughed and said, "I said it. As long as you can get those merchants to agree to let us leave, I believe Brother Dong will be very happy, and might even send you a case of red wine as a token of his gratitude."
Zhong Rou hesitated for a moment and said, "Ah Jie, I think you may have some misunderstandings about Mr. Shen. I have met Mr. Shen three or four times. My impression of him is that he is wise, humorous, and confident, which is completely different from those gang leaders. I heard that Brother Dong donates 30 million to charity every month. He not only takes good care of the orphans in Hong Kong Island, but he has also started to sponsor nursing homes."
Song Zijie said dismissively, "He's just trying to gain fame. Once he has money, he does charity work. Many bosses who have done bad things do the same."
Zhong Rou shook her head and said, "Brother Dong is different from them. They donate in public and don't really go into the details. But Li Xinxin's Tengfei Charity Foundation actually delivers things to orphanages and nursing homes. A while ago, the workers from Tengfei Construction Company even renovated all the nursing homes. How many bosses have you seen do that?"
Continue read on readnovelmtl.com