Hong Kong Island Old Events

Central, Baoyu Bank.

Qiu De even wrote a pledge, put away his brush, and pressed his fingerprints. His expression was a little sad: "Three movie stores in Kowloon are mortgaged to you, and the total loan is 50,000 Hong Kong dollars!"

The bank boss picked up the pledge, looked at the receipt with satisfaction, handed the pledge to the shopkeeper to put away, and took out five stacks of banknotes covered with red cloth on the tray.

There are as many as five hundred banknotes in each stack, tightly bundled into a thick pile. Each banknote has a face value of only twenty, and one stack is worth ten thousand yuan.

"It's fifty thousand yuan in total. Please keep it, Boss Qiu. During the three-month repayment period, you need to repay ten thousand yuan in the first month. I'll take the ten thousand yuan away..."

The boss smiled shrewdly, with a sincere expression, and raised his hand to retrieve a stack of bills on the tray.

"Please remember, Mr. Qiu, that the monthly interest is 5 cents, which is calculated as 50,000 yuan. The interest is compounded and you can repay the loan in advance."

The largest denomination of Hong Kong dollars in this era was fifty dollars. Ten dollars and twenty dollars were more popular in the market. One hundred dollar bills, five hundred gold bullion, and one thousand gold bull were all issued many years later...

On the one hand, Qiu Degeng's proceeds from the movie store were shared with Inspector Zhao, and on the other hand, they were invested in the operation of the movie store. He really couldn't get the cash to buy equipment.

This is being sucked out of blood.

Unlike He Dingxian who holds a big position, the money is rolling in and the cash flow is sufficient.

Qiu De even wanted to expand the movie store and had no choice but to borrow money from a bank. These days, the economy of Hong Kong Island has always been under the control of the British government. Even if the British government implements a free development policy and does not interfere in any commercial activities, as a colonizer, the British Capital-funded enterprises still occupied the people's livelihood, finance and other industries. At least before the 1980s, British capital had always occupied Hong Kong Island, and Chinese capital was still gathering strength.

Being a comprador for a ghost man's foreign trade has more social status than a Chinese boss...

HSBC, Standard Chartered, and Oriental Bank are all Guilao foreign banks. They often only provide loans to British-owned enterprises or Chinese comprador companies, so that British companies control them behind the scenes.

It is difficult for Chinese businessmen without connections to get loans from foreign banks. In view of this, the wealthy Chinese businessman "Li Shipeng" established the "Bank of East Asia" in 1918, dedicated to providing financial support to Chinese businessmen. It was the first bank in the Chinese business community on Hong Kong Island. Famous and prosperous.

However, Qiu De also engaged in asset-light business with a capital of tens of thousands of yuan. He did not want to apply for a loan from the Bank of East Asia, but he could not get the amount he wanted.

The best way is to find a bank.

This is also the only way for most Chinese small business owners.

Therefore, when Qiu Degen decided to buy projectors, he knew that he would be in debt. However, he had to take risks to expand his business.

He couldn't go to the detective to ask for money.

Only by being brave can you make big money

If Qiu Degen had a better relationship with the Ningbo Chamber of Commerce, he could still borrow "bidding money" from the chamber of commerce. The interest rate on this kind of bidding money would be lower than that of a bank, and the amount would be larger than that of a bank. Unfortunately, it would require an introduction from a middleman. A guarantor is also needed, and it is mainly lent to bosses in the chamber of commerce or capable fellow villagers, and Qiu De is also beyond his reach.

He took off the 40,000 yuan from the tray, put it into his arms seriously, and nodded vigorously: "I understand all the rules, and I must return the money to your mansion on time."

In addition to the 9,000 yuan saved in profit, there will still be enough to pay wages after collecting the projector. He is a husband-and-wife team who works in person. The shop requires less labor and the wages are lower.

The bank boss has seen many businessmen who came to borrow money. Some have achieved great success, and some have died without their bodies intact. He is not interested in what will happen to the people who borrowed the money. He doesn't even care about not paying back the money. Anyway, he is in accordance with the rules. The deposit must be collected according to the rules. You must not be deceived or deceived. If you don't pay back the money, the movie store will be taken back. Someone else will do the collection for you, a professional financial company!

It was the closure of the financial market by Gui Lao Foreign Bank to Chinese people that promoted the prosperity of Chinese banks in Hong Kong Island. As a result, banks that had flourished in China a hundred years ago ushered in a second spring in Hong Kong Island and continued to flourish until the 1980s.

Although there is a need for underground banks in every era, serious banks are indeed the last ones operating on Hong Kong Island...

At this time, the boss sent Qiu Degeng to the door of the bank, raised his hands and said: "Boss Qiu, go slowly. I wish Boss Qiu a lot of money and may wealth come from all directions!"

Qiu De didn't feel happy even after listening to Ji Xiang's words. He only felt his shoulders were heavier and the pressure in his heart was even greater: "If the movie store didn't really make money, it would be impossible to borrow money from a regular bank. You would have to go to an underground bank. Now, It’s better to buy the projector first.”

When Zhang Haiyang was delivering the goods, he saw Qiu Degen inspecting the projectors one by one and taking out two of them for a test screening. He was careful and meticulous.

I was secretly glad that I repaired the junk overnight yesterday, and at least two of the machines could still last for a while. But I didn’t expect that the machines sold by Huayaozai were more broken than expected. It was not an old problem at all. It would break, and some would make a piercing noise that was worse than a ghost crying. The most disgusting thing was that two of them couldn't be used at all, and there were dead mice inside.

What a bargain!

Fortunately, there were two machines that were decent enough, so Zhang Haiyang picked out the two machines and played a movie "Spring River's Grudge". Halfway through, he urged him to leave because he had to work. Qiu De even felt that something was wrong. But he couldn't fault it, so he had to pay workers to carry the goods away, planning to transport them back to Xiangjiang immediately.

Zhang Haiyang received the 48,000 yuan with the ticket number sticker on it. He felt sorry for what was left in his heart, so he actually gave away five old DVDs. Seeing Qiu De's even more grateful look, he felt better inside. A lot. When Qiu Degen left, he laughed out loud.

"I got the money to buy a house!"

Two days later.

Lardboy was sitting at the door of a movie shop in Shek Kip Mei selling tickets, but his eyes were fixed on the shop more than ten meters away. Since the opening of Qiu Degen's dollar store, it has diverted a large number of viewers with different movies. Coupled with the fact that plainclothes police officers came to inspect the movie theater every now and then, most of the movie store's business was taken away. It was only a matter of time before it closed down.

Zhao Yutang felt that he had a chance to win, and he didn't want to lose face and have his back rubbed. Otherwise, just letting someone throw a pack of cigarettes into the store, or sending a few smokers to cause trouble, would be enough to close the first one-dollar movie store in Hong Kong. !

If it really closes down, it will be a huge loss of face. Even if you become famous in the future, you will inevitably be laughed at, and you will not even be able to keep the foundation you started!

"Huh?"

"I'm half an hour late. Why hasn't the store across the street opened yet?" Lardboy couldn't help feeling a little strange as he saw more and more movie tickets being sold, but the store across the street hadn't opened yet.

"The other side used to start work in the afternoon and was more active than us. It's already sunset today. Why haven't you come yet? There's no need to show the movie?" Lardboy thought something might have happened, so he turned around and called Ah Hao for help: "Brother Hao , you sell tickets for me for a while, and I’ll go out to find out what’s going on. If anything happens, you must report it to the boss immediately.”

Ah Hao also felt that something was wrong, with a solemn expression, he took the movie ticket with a cigarette in his mouth and said, "You go and do your work."