History of Hong Kong Island

Chapter 27
Central, Baoyu Bank.

Qiu Degeng wrote a pledge form, put away his brush, and pressed his fingerprints, with a sad expression on his face: "The three movie stores in Kowloon are all mortgaged to you, and the loan is 5 Hong Kong dollars in total!"

The owner of the bank picked up the bill, looked at the paper with satisfaction, handed the bill to the shopkeeper for safekeeping, and fetched five stacks of banknotes covered with a red cloth on the tray.

There are as many as 1 banknotes in each stack, tightly bundled into a thick stack, each with a face value of only [-], and a stack is [-] yuan.

"A total of 5 yuan. Boss Qiu, please keep it. There is a three-month repayment period. You need to pay [-] yuan in the first month. I will take the [-] yuan away..."

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

"Mr. Qiu, please remember that the monthly interest is five cents, all calculated at [-] yuan, with rolling interest, and you can repay the loan in advance."

The largest denomination of Hong Kong dollars in this era is 50 yuan. Ten yuan and 20 yuan are widely circulated in the market. The hundred yuan bills, five hundred bulls, and one thousand gold bulls are all issued after many years...

On the one hand, Qiu Degeng's income from the movie store was distributed to Detective Zhao, and on the other hand, it was invested in the operation of the movie store, so he really couldn't afford the cash to buy equipment.

This is being sucked blood.

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

Qiu De wants to expand the movie store and can only borrow money from banks. The economy of Hong Kong Island has been under the control of the British government these years. Even if the British government implements a free development policy and does not interfere with any commercial activities, as a colonist British-funded enterprises still seized people's livelihood, finance and other industries. At least before the 80s, British-funded enterprises had always occupied Hong Kong Island, and Chinese-funded enterprises were still accumulating strength.

Being a comprador for a ghost firm has more social status than a Chinese boss...

HSBC, Standard Chartered, and Eastern Bank are all Guilo foreign companies, and they often only give loans to British-funded enterprises or Chinese compradors to achieve British-funded behind-the-scenes control.

It is very difficult for unrelated Chinese businessmen to get loans in foreign banks. In view of this, the rich 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. Prosperous and prosperous.

However, Qiu De is more engaged in asset-light business with a cost of tens of thousands of yuan. If he wants to apply for a loan from the Bank of East Asia, he will not be able to get the desired figure.

The best way is to find a banker.

This is also the only way for most Chinese small bosses.

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

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

Big money can be earned by being brave
If Qiu Degeng had a better relationship with the Ningbo Chamber of Commerce, he would be able to borrow "bidding money" in the chamber of commerce. The interest rate of this kind of bidding money will be lower than that of the bank, and the amount will be larger than that of the bank. Unfortunately, an intermediary is needed. A guarantor is also needed, mainly only to the boss in the chamber of commerce or a capable fellow countryman, and Qiu De is even out of reach.

He took off the 4 yuan money on the tray, put it in his arms seriously, and nodded vigorously: "I understand the rules, and I must return the money to Guizhuang on time."

In addition to the saved profit of 9000 yuan, it is still enough to pay the wages after the projector is collected.He is a husband and wife team who work in person, the shop employs fewer workers, and the wages are lower.

The owner of the bank sees many businessmen who come to borrow money, some are prosperous, some are dead, and he is not interested in what will happen to the borrowers. The deposit book accepted by the rules is not cheated or cheated. If you don’t pay back the money, just take it back to the movie store. Others will do it for you. A professional financial company!

And it was the closure of the financial market by Guilao Matheson to the Chinese, which promoted the prosperity of the banks of the Chinese merchants leaving Hong Kong Island, which led to the second spring of the banks in the country that bloomed everywhere in the country a hundred years ago, and continued to flourish until the 80s.

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

At this time, the boss sent Qiu Degeng to the gate of the bank, cupped his hands and said: "Boss Qiu, go slowly, I wish Boss Qiu a lot of money, and money comes from all directions!"

Qiu De didn't feel happy when he heard the auspicious words. He only felt that his shoulders were heavier and the pressure in his heart was even greater: "If it weren't for the fact that the movie store can really make money, it would be impossible to borrow money from a regular bank. You have to go to an underground bank. Now It's better to go and buy the projector first."

When Zhang Haiyang was delivering the goods, he saw Qiu Degeng checking the projectors one by one, and even took out two of them for a trial screening. He was careful and meticulous.

I am secretly glad that I repaired the broken goods overnight, at least two of the machines can last for a while, but I didn’t expect that the machines sold by Huayaozi were more broken than expected, and it was not an old problem at all. It will be broken, and some will make harsh noises that are worse than crying ghosts. The most disgusting thing is that two of them can't be used at all, and there are dead mice inside.

It's really TM off the street!
Fortunately, there were two decent machines, so Zhang Haiyang picked out the two machines, and played a copy of "The Last Regret of the Spring River". Halfway through, he urged him to leave because he needed to work. Qiu De felt something was wrong in his heart. But they couldn't find any faults, so they had to pay the workers to take the goods away, intending to transport them back to Xiangjiang immediately.

Zhang Haiyang received 8000 yuan with a ticket number sticker. The only conscience left in his heart felt sorry, so he simply gave five old video discs. Seeing Qiu De's grateful expression, he felt much better in his heart. , When Qiu Degeng left, he even laughed outright.

"The money to buy the house is in hand!"

Two days later.

Lard boy was sitting in front 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 Degeng's one-dollar shop, he has diverted a large number of audiences with different movie discs. In addition, the police officers from the plainclothes team came to check every now and then, causing most of the movie store's business to be robbed, and it was only a matter of time before it closed.

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

If you really close the door, you will lose your face and lose your face. Even if you become famous in the future, you will inevitably be laughed at, and you can't even keep your foundation!

"what?"

"I'm half an hour late, why hasn't the opposite side opened yet?" Lard Boy couldn't help feeling a little strange seeing that the movie tickets on hand were selling more and more, but the shop across the street hadn't opened for a long time.

"In the past, the opposite side started working in the afternoon, and they were more active than us. Why haven't you come since the sun has set and the movie doesn't need to be released?" Lard Boy felt that something might happen, so he turned around and called Ah Hao for help: "Brother Hao , you sell tickets for me for a while, I'll go out to find out what's going on, and report to the boss immediately if something happens."

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

(End of this chapter)