Chapter 399: Bank License and Real Estate

Qiu Da did not get angry because Yang Qing's words reminded him of something unpleasant.

On the contrary, because of Yang Qing's deep marital affection, he developed a strong fondness for Yang Qing.

After seeing Qiu Da's expression, Yang Qing realized his words had reminded Qiu Da of something unpleasant, and he said modestly.

"Uncle Qiu, did I say something wrong?"

Qiu Da came back to his senses, waved his hand, and showed a kind smile.

"It's nothing; I just remembered something."

Yang Qing began pouring tea and water, serving as a junior generation.

Chen Hong didn't understand these things; she merely helped on the side and listened quietly.

After drinking the tea Yang Qing had offered, Qiu Da chatted with him about everyday matters and also mentioned Yang Qing's headline and Many Stars.

Yang Qing directly praised Qiu Da's series of innovations.

"Uncle Qiu, your vision is unique; that's what makes you a senior."

Qiu Da waved his hand.

"Forget it; only you praise me. Nowadays many people laugh at me, and there's no peace at home."

"Yang Qing, you invited me today; it's probably not just to treat me to a meal, is it?"

Qiu Da brought up the topic, and Yang Qing responded appropriately; the pleasantries were almost done, so they could move to a deeper discussion.

Yang Qing said with a piercing gaze.

"It's like this, Uncle Qiu; I want to open a bank and seek your guidance."

Qiu Da's eyes narrowed; he still thought Yang Qing was teasing him, but seeing Yang Qing's serious expression, he also became serious.

"Are you eyeing my Yuandong?"

Yang Qing shook his head, then nodded.

"Uncle, you overestimate me; I just want to ask you for help to see if we can acquire a bank license with top-tier permissions."

Qiu Degeng asked doubtfully.

"With your father's connections, it shouldn't be too difficult, right?"

Yang Qing smiled slightly.

"Uncle Qiu, stop testing me; what kind of connections does my father have? If I really went his way, I'm afraid it would cause trouble later."

"Especially given how complicated the current banking situation is, you know that."

"I can't give others a handle to use against me."

Qiu Da was made to laugh by Yang Qing, then he asked doubtfully.

"Are you optimistic about the banking industry?"

Yang Qing shook his head.

"I'm not optimistic; at least for the next few years, I'm not."

Qiu Da became even more puzzled.

"Then why are you still putting money into this?"

"Now the credit of Huashang Bank in Gangdao has collapsed; this place is a huge mire—whoever enters dies."

Yang Qing continued nodding.

"I know."

Qiu Da looked at him, waiting for his next words.

Yang Qing showed an indignant expression.

"It's precisely because I know that I have no choice but to do this."

"I believe Uncle Qiu also understands that this banking crisis is a conspiracy targeting our Huashang Bank."

"I think we must not let them succeed."

Qiu Da sighed.

"It's not that easy; our lifelines are completely in their hands."

"Whether Yuandong Bank can survive is still uncertain."

"You'd better not waste money; Many Stars is doing well, so you should continue developing in electronics."

Yang Qing laughed confidently.

"Uncle Qiu, a small boat is easy to turn; I'll get a license, develop slowly, and not give them a handle."

"It just so happens that banking will be tough these years; we should develop slowly, not worry about expanding too fast and becoming a target."

"Come secretly; no bringing guns."

Qiu Da thought of his own Yuandong.

"Yuandong is already top-heavy and can't shed its weight, with too many bad loans; otherwise I'd learn from you."

"Alright, since you want to do it, I'll try to get you a license."

"However, although the license isn't worth much now, it's impossible to get one for less than five or six hundred thousand."

"You need to be mentally prepared, and after establishment, you must put up thirty percent of deposits as reserves."

"You must control risk well, not take in too many deposits, and avoid using your own bank's deposits to lend to yourself; you need to avoid regulatory scrutiny so those Yinglian folks don't scheme against you."

"If Yuandong weren't already having its lifelines gripped by HSBC, I could transfer it to you."

Yuandong is now a huge shackle on him.

Yang Qing felt a bit tempted, but not now; let's see if there will be an opportunity later.

Qiu Da has done me such a big favor; I should also show my appreciation.

"Uncle Qiu, do you want to continue with your film and television plan?"

When talking about the film and television plan, Qiu Da became sentimental; his own wife had died because of this plan of his.

This is his heartbreaking place; now he doesn't dare touch it, and he let out a sigh.

"Forget it; maybe I shouldn't be in this line of work."

Yang Qing wanted to persuade him.

"Uncle Qiu, if you still have ideas, we can cooperate."

Qiu Da shook his head.

He currently has no mind to do these.

Since cooperation in film and television is impossible here, Yang Qing thought of real estate again.

"Uncle Qiu, how do you think about real estate?"

Qiu Da still shook his head.

"Given the current situation, I'm afraid real estate won't recover in just a few years."

Yang Qing nodded, yet said something different.

"Uncle Qiu, real estate will take a long time to recover, but these few years are also when land prices are the cheapest."

"I want to enter the real estate industry; Uncle Qiu, what do you think?"

Qiu Da's eyes narrowed.

He quickly understood Yang Qing's meaning.

"I heard that Northern Enterprise will undergo a complete restructuring next year; no one knows what will happen, but the future risks here in Gangdao are still great."

"I think we should wait and see."

Yang Qing agreed with his words.

"What Uncle Qiu said makes sense, but once the situation becomes clear, will we still have a chance?"

"There are plenty of smart people in Gangdao."

"Like Li Chang Jiang, his vision is just vicious; in the last real estate crisis, he snapped up many properties, and in this wave he made a lot."

"There are many smart people in Gangdao; once the situation clears, we might have to snatch food from the tiger's mouth."

"I think when the enemy is fearful, we can be a little greedy."

"What in this world is without risk?"

Qiu Da really liked Yang Qing's temperament and courage; he was very much like him, daring to fight and strive.

It was just the film and television sector that knocked out his courage.

"If you want to do it, I can support you."

"But what compensation are you prepared to give me?"

This is a promise to lend him connections and resources, but there must be benefits.

The bank license already counts as helping for free; in real estate, if we work for free again, it would be against the rules.

Yang Qing showed a smile.

"I am preparing to establish Huangcheng Shiye Limited Company; Uncle doesn't need to invest a cent, I'll give Uncle a ten percent share."

"The initial investment is ten million; later capital increase matters depend on Uncle's willingness."

"The condition is to help me set up the company; for the first three years, if Uncle doesn't want to join, lend me the resources to use."

"Afterwards, our two families will cooperate together, helping each other."

"Uncle, what do you think?"

Yang Qing considered this as directly giving him one million.

Now one million is worth a lot; Li Chang Jiang now has only a few tens of millions in assets.

Qiu Da knew that Yang Qing wanted to use the Qiu family to rise.

But he didn't have much objection; Yang Qing gave a lot, and now he is also at a loss, not knowing what to do; the family industry is stagnant, and there is also a great burden from Yuandong.

Relying only on industries like cinemas and lychee gardens for blood transfusion is also not a solution.

Perhaps Yang Qing here is a breakthrough.

Yang Qing's miracle created in Gangdao over the past half year is still admirable.

A Toutiao Daily, in half a year's time, is about to catch up with Ming Pao.

A Many Stars, in just a few months, became an industry tyrant.