Just like in the US, many things in Hong Kong require lawyers.
There are different types of lawyers. The lawyer that Xing Baohua asked Ms. Chen to hire has his own law firm and can serve as a legal advisor for companies.
Therefore, many things in a company are handled by the company itself.
Why hire a lawyer first?
Xing Baohua wasn't very familiar with Hong Kong's current system, so he was invited over to help with the company's paperwork.
This is essentially the same as hiring a scalper to obtain a business license.
We also need to choose an office location. We should buy one while the housing market is so cheap right now. Renting is out of the question.
The lawyer's name is Jason Lau. He has been in the profession for over thirty years and has very few defeats. He is quite well-known in Hong Kong.
Of course, the annual service fee is also substantial, reaching ten million Hong Kong dollars. This amount is involved both regularly and irregularly.
This does not include lawsuits, which are calculated by the hour.
In Hong Kong, a barrister is considered an upper-class figure. Dealing with such a person requires paying a fee, which is like getting a ticket to enter the world of business.
In fact, Xing Baohua's current status is really awkward. Not many people know him, and besides, assets of over a billion yuan are not enough in the old-fashioned high society.
Moreover, they came from the inland, and many people viewed them with prejudice.
Only by establishing roots and gaining recognition can one truly succeed.
Only then can you be considered to have entered that circle.
Nouveau riche, who would dare to criticize you!
After signing a service agreement with the lawyer, Xing Baohua will have someone help him with some things.
Sure enough, a few minutes after the lawyer left, a middle-aged man appeared, dressed impeccably in a suit.
He also had two assistants with him.
First, they went to the bank. Since Xing Baohua was considering investing in the United States, he chose Citibank.
We've already contacted the key account manager and are waiting for Xing Baohua to arrive.
Opening an account was simple. Xing Baohua opened his own account first. After the company was established, he opened a company account.
First, deposit 100 million US dollars into a personal account. The transfer won't be quick; it will take three to seven days.
Xing Baohua has domestic and foreign exchange deposit certificates, and Citibank has granted him a credit line of one hundred million US dollars, which he can use first. Once the funds are in his account, his personal account manager will manage all his personal finances.
Xing Baohua received two checkbooks, one of which was a cash checkbook. It could be used like cash anytime, for shopping sprees.
At this moment, real estate agents were already waiting at the bank entrance.
Real estate agents love wealthy country bumpkins like Xing Baohua. The recent economic downturn has also led to a sluggish housing market.
So encountering a hit like Xing Baohua is even better than serving one's own father.
Hong Kong is incredibly expensive! Even in remote areas, land costs over a thousand dollars per square foot, which is roughly ten thousand dollars per square meter.
The location the real estate agent found for me was quite bustling, in the Tsim Sha Tsui area. It was a towering building, over forty stories high.
The viewpoint was on the 23rd floor. Xing Baohua liked this place at first sight because of the sea view.
You can also see the more bustling Hong Kong Island across the water.
There are a few companies on this floor, but the rest of the floor is empty.
The area is over 1,000 square meters. But Xing Baohua feels it's still a bit small. As the area develops, it might not be enough, so he might as well buy more. It's still relatively cheap now, but the price will only go up over time.
Tell the real estate agent that you want to buy floors 23 to 25.
This surprised the agent greatly; he was amazed at the potential commission. He asked Xing Baohua to wait a moment while he notified the building management.
A preliminary agreement has been reached, with the price slightly higher because some companies' leases haven't expired and they need to be compensated. The price per square foot is around 3,400, which is equivalent to over 30,000 per square meter.
More than 100 million Hong Kong dollars just vanished like that.
The rest is up to the lawyer.
Next, we went to Hong Kong Island to look at residential properties. Needless to say, the top choice was luxury homes in the Mid-Levels.
A three-story mansion worth 35 million, complete with a private swimming pool.
When he returned to the hotel, Ms. Chen was already waiting for him and gave him some tickets.
Xing Baohua realized it was a concert.
All-Star Concert "Tomorrow Will Be Better"
Seeing this, Xing Baohua recalled how many superstars held fundraising concerts for Africa that year.
Hong Kong, as Asia's financial center, is no exception.
Just listen to the concert; let Zou Wenjuan learn from the band as well.
If there were any fundraising events, Xing Baohua would not have taken the initiative to donate.
Africa is too far away for him, and he has no vested interest in it! He'd rather pay more taxes than give money to those people.
He gave the ticket to Wang Weibao and went back to his room to rest.
Back in the room, he told the little fairy that he had bought property here, a luxury mansion worth over thirty million. It would be their residence in Hong Kong from now on.
If Zou Wenjuan has a job in Hong Kong, she will live there.
The little fairy was delighted with this and said she wanted to go see it tomorrow.
When the girl is happy, she drinks more milk, but the milk production is extremely low.
The next day, Xing Baohua also had a lot to do. He needed to register the pager and take the opportunity to inspect the base stations being built in the area.
We can't keep up with the demand for phones this year; there are too many orders and limited production capacity. We can't handle the situation in Hong Kong; we'll just give away a dozen or twenty units as gifts.
If someone does it, it will serve as publicity. Of course, advertising is essential. They need to know the differences between domestic mobile phones and those from the US.
Xing Baohua went to apply for pager service, and the service fee was indeed lower than in China.
More than a dozen units were on display, and their appearance and style were very attractive to the people present.
One of them had a buzz cut and wore a large, glittering gold chain around his neck.
Wearing flip-flops, looking really cool.
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