Chapter 109 A Full-License Financial Empire (Great content, please subscribe)



Rebirth in 1984: Starting with the Development of Chinese Character Cards, Chapter 109: A Full-License Financial Empire. After inspecting the LCD panels, Zhao Ye also gave instructions to Ouyang Zhongcan and Zhang Baizhe, the technical experts at the LCD factory.

"After TN, we will develop STN, and then TFT."

"Currently, there is ongoing debate about whether plasma or LCD is superior, but we are determined to stick to the LCD route."

Panasonic was ahead of other companies in plasma technology, but it liked to monopolize the technology and refused to share it, which led other companies to turn their attention to LCD technology.

Plasma and liquid crystal technologies each have their own advantages and disadvantages. If they are improved and developed, both technologies should have a bright future.

Wujiang Group naturally wants to follow the trend.

Furthermore, LCDs are even more important to Wujiang Group.

While plasma display technology is excellent, its high cost, relatively bulky size, high power consumption, and heat dissipation drawbacks cannot be ignored. These shortcomings were further amplified in the subsequent mobile era. Unlike LCD panels, plasma panels are difficult to miniaturize, and the gas capsule structure used in plasma displays requires a glass screen frame of a certain thickness for protection, which limits the application of plasma technology in mobile phones and tablets.

Wujiang Group will definitely be involved in mobile communication technology in the future, producing mobile phones and tablets, which will naturally require a large number of LCD panels.

"Okay, boss, plasma technology has too high a barrier to entry. Let's be more realistic and focus on LCD technology," Ouyang Zhongcan joked, but it seemed to be the truth. With Wujiang LCD Factory's weak research capabilities, what ability did they have to research plasma technology?

Upon hearing this, Zhao Ye chuckled dryly and said to Ouyang Zhongcan, "There are still too few researchers at the LCD factory. Dr. Ouyang Zhongcan, you should find a way to recruit some people."

“Okay, I will.” Ouyang Zhongcan was also troubled. It was difficult to recruit people, and many college students were directly assigned to government agencies, public institutions, and research institutions.

It is more difficult for private companies to recruit people.

Fortunately, in recent years, as Wujiang Group has gained more and more reputation, more and more college graduates have chosen to work for Wujiang Group.

...

...

Hongkong.

Standard Chartered's counterattack was so swift that Lloyds Bank of England was caught off guard.

The takeover and anti-takeover battle quickly came to an end.

“We’ve lost!” Fern Daniel, CEO of Lloyds Bank, slumped into his chair in disbelief.

Lloyds Bank of England devoted a great deal of valuable time and effort to acquiring Standard Chartered Bank, but ultimately failed.

“If it weren’t for the crucial moment when Standard Chartered Bank received support from four powerful external partners, it would have fallen into Lloyds Bank’s hands long ago!” Fern Daniel said bitterly. “Now it’s all for naught!”

That afternoon, Standard Chartered Bank, together with Wujiang Group, Qiu Degen, Bao Yugang and Australian businessmen, gained an overwhelming advantage at the shareholders' meeting and quickly passed the decision to increase capital through a private placement.

This news immediately caused a sensation in Hong Kong, becoming yet another classic case of Chinese people defeating British companies.

People are talking about this everywhere.

"The British are finished. Do they still think it's like decades ago? When the shipping magnate and others made their move, Lloyds Bank of England slunk away! The more arrogant they were before, the more pathetic they are now!" A middle-aged man in a suit finished reading the newspaper and laughed loudly, a mocking look on his face.

"This is truly gratifying! The Chinese people have completely risen up!"

At this point, many people learned more about Wujiang Group through this incident.

Many Hong Kong celebrities have also begun to discuss Wujiang Group and its founder, Zhao Ye.

The main reason is that Zhao Ye is only 22 years old, which is too young. To achieve such great success at such a young age is not an exaggeration to call it "legendary".

Hong Kong actresses are all eager to marry into wealthy families. Right now, is there a more suitable family than the Zhao Ye family?

Among Hong Kong's top wealthy families, most people of marriageable age are second-generation rich kids, except for Zhao Ye, who built his fortune from scratch.

Marrying a rich second-generation heir is completely different from marrying a rich self-made man!

Rosamund Kwan, Cherie Chung, Vivian Chow, Brigitte Lin, Joey Wong, Gigi Lai, Carina Lau, Anita Mui, and many other actresses all knew the name Zhao Ye!

I've never seen such an amazing person. At only 22 years old, he's already among Hong Kong's top billionaires. It's truly awe-inspiring.

Zhao Ye isn't in Hong Kong right now. If he were, he would definitely be the most sought-after man by female stars in all of Hong Kong...

At this moment, Zhao Ye was on the phone with Zhou Anping. Acquiring Standard Chartered Bank's shares at this stage was only a small step. Zhao Ye instructed Zhou Anping to keep a close eye on the movements of the other three shareholders' shares and to buy them before they could make a move. This was crucial to whether Wujiang Group could gain control of Standard Chartered Bank in the future.

"in addition,"

Zhao Ye paused for a moment, thought for a moment, and said, "Acquire a licensed bank in Hong Kong, and then gradually expand our business, acquiring licenses for insurance, trust, securities, funds, futures, financial leasing, fund subsidiaries, fund sales, micro-loans, pawnbroking, and other financial services. Even if the scale isn't large, it has to be comprehensive!"

Due to strict domestic financial regulations, Wujiang Group can only do these things in Hong Kong at present.

First, establish a basic framework. When the opportunity arises in the future, you can take advantage of the trend and rise with the tide. For example, the Asian financial crisis in 1997 was a golden opportunity!

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

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