Chapter 511: Great Song Bank's Development Outlook

After Yang Qing acquired Harmony Record, Li Changjiang locked himself in his study and thought for a long time.

Why is Yang Qing so capable, developing so quickly?

But I have to watch HSBC's face?

It's because he's bold.

We are fighting desperately for land here, exhausted, while he turned around to snap up Yingzi at the bottom.

That's the level.

Compared to the land released by the Hong Fu, Yingzi's properties are practically dirt cheap.

How stupid I am, following others to grab land, the loaned money instantly turned into land handed over to the Hong Fu, and then I still had to mortgage that land to borrow more to build houses; with no choice, in the current economic crisis, few buy buildings, and even fewer do pre-sales.

Now the bank's interest rate is 12%; by the time I finish building and repay the loan, most of the money ends up with the bank.

I'm just a poor worker; no wonder Mai Lihao and Shen Bi are so enthusiastic—we people are pure suckers.

Wouldn't it be good for me to acquire companies that own lots of property?

He doesn't realize that if he doesn't listen to HSBC and Mai Lihao, he can hardly lend any money at all.

He isn't Yang Qing; Yang Qing himself owns a bank.

Great Song Bank's series of performances before the stock crash saved ordinary people from large losses, giving the bank great weight in the hearts of the lower classes.

Others are just trying to trap your money; Great Song indeed does everything possible to keep you from losing money.

Who wouldn't love such a bank? So Yang Qing's money keeps growing the more it's used.

In this acquisition war, Tian Guoliang spent a lot of money.

But the acquired assets are all high-quality; in the foreseeable future, Great Song will reap huge profits.

Moreover, because it holds ample own funds, Great Song Bank actually didn't spend much of its deposits in acquiring Harmony Record this time.

On the contrary, as its influence improves, ordinary customers' savings keep increasing.

Moreover, many members of the Capital Gate Club also treat Great Song as their main cooperative bank.

Great Song's weight in Gangdao keeps growing.

Can they still be compared to Yang Qing? We who want to learn from Yang Qing must not become tools entirely manipulated by the Yinglian people.

Da Song Jin Lou.

As Great Song's strength grows, Tian Guoliang's ambition also gradually awakens.

He brought his prepared plan and found Yang Qing.

Yang Qing is still dealing with Harmony Record; Harmony Record has too many companies, and it's also very chaotic.

Many companies have serious management problems, and some even suffer severe losses.

Yang Qing needs to feed the companies that overlap with his own into his own company.

Dispose of the outdated companies with no prospects.

For companies with weak control, strengthen control; for rigid companies, reshuffle them.

Let the highly promising companies go into battle lightly equipped.

The Qingyun Business Consulting Company and the Group Office operated at full capacity, only then initially stabilizing the situation.

When Tian Guoliang came looking, Yang Qing was still hard at work; he couldn't do anything because there were too many Yinglian people inside Harmony Record, the constraints were too great, so he could only proceed slowly.

"Director Yang, I want to expand Great Song Bank outward."

Tian Guoliang was still uneasy; Great Song's weight in the Yang Qing Group is very heavy.

He didn't know whether Yang Qing would agree.

Unexpectedly, Yang Qing agreed without even thinking.

"Expansion is fine, but risk control must be done well."

"Moreover, Great Song is now a listed company, so finances must be sound, and bank management must keep up."

"When entering other countries, we must also properly allocate benefits with local forces."

"Benefits can be given up, but management cannot be loosened."

"At first, just try in Haojing, Xingma, and these places; take it slow, don't rush for quick success."

Bank management is a highly complex project.

Tian Guoli understands Yang Qing's worry; he actually also has a bit of worry.

However, developing only in Gangdao itself carries risk, and it can't keep up with the rapid expansion pace of the Yang Clan Group.

"Director Yang, which direction should Great Song Bank choose as the focus of development?"

"Currently, Great Song still lacks a clear goal, which is unfavorable for the bank's development."

Yang Qing still has some little ideas about the bank.

"Like the Gangdao headquarters developing toward a financial center, mainly develop as an investment bank; like Macau, which is mainly gambling and tourism, develop with settlement as the main function."

"Adapt to local conditions."

"Or you can also classify by function. For example, some places without good development goals mainly take in deposits; some places with huge manufacturing development potential mainly develop financing and investment; for instance, if you want to develop insurance functions, run with insurance as the main body."

"Whether you split a function into an independent functional bank, or develop with the bank as the main body in the form of a business division, both are acceptable."

"Or if the main development direction is personal consumer loans, then develop with credit as the main body."

"Whether you split a function into an independent functional bank, or develop with the bank as the main body in the form of a business division, both are acceptable."

Tian Guoliang recorded Yang Qing's words.

Director Yang's understanding of the bank is very different from mine; he needs to go back and ponder.

Gangdao focuses on investment; Great Song Bank earns a pot full by helping other companies go public and through independent stock investment, and he is reluctant to discard this piece of fat meat.

In the city, banks can offer personal credit services to some white-collar workers; in the countryside, they mainly focus on taking in deposits, while also providing some financial services.

For example, by exchanging type B for a land rights certificate, to provide mortgage loans, or stock mortgage loans, or land, house mortgage loans.

It can also provide some pawn services.

Tian Guoliang's mind raced, giving Da Song Bank a clear guiding ideology for its development, enabling purposeful functional development.

It is much stronger than his traditional bank model.

Traditional banks, through absorbing deposits and then issuing loans, are blind and have uncontrollable risk.

Whereas Da Song Bank has clear goals, adapts to local conditions, and is flexible.

Its concept is far more advanced than that of traditional banks.

After bidding farewell to Yang Qing, he went back to study.

Yang Qing again kept his head down and worked on his career.

At that moment, he received a phone call.

Lou Xiao'e was getting married; she had taken in a son-in-law, and she herself was already pregnant.

Qin Huairu asked him to bring them to have a look.

Yang Qing felt it was rather abrupt.

When he arrived at the Lou residence, he roughly guessed the reason.

Lou Bancheung's health had run into problems.

After not seeing him for a while, he had grown old to an unsightly degree.

Lou Bancheung saw Yang Qing and was envious beyond measure; his career was soaring, and his descendants filled the hall.

His two sons, however, were good-for-nothings; after so many years in Gangdao they hadn't amounted to anything.

On the contrary, Lou Xiao'e had been helping him manage the business, and the business was doing well.

He was now on his last legs, so he hurriedly found a live-in son-in-law for Lou Xiao'e, and she also had a child.

To prevent his two sons, with ill intentions, from ruining his current estate.

He invited Yang Qing over precisely to have Yang Qing back Lou Xiao'e up, to prevent his sons from targeting his sister.

At the same time, he also wanted to intimidate Lou Xiao'e's husband, so he wouldn't harbor any improper thoughts.

"Yang Zong, thank you for coming."

"What Uncle Lou said, Xiao'e is my sister; how could I not come to see her?"

Lou Bancheung's two sons, hearing this, froze in their expressions.

"Thank you!"

Lou Bancheung sincerely expressed his thanks.

Lou Xiao'e pulled her man over to introduce him to Yang Qing.

"This is my husband, Zheng Wen; he came from the Mainland, the son of my father's old friend."

Zheng Wen is about twenty-five or twenty-six, and he has nothing to be embarrassed about.

His family has fallen on hard times, and besides being a concubine's son, he is not welcomed at all in the Zheng household.

Lou Xiao'e does not despise him, and he will certainly not despise Lou Xiao'e.

Moreover, Lou Xiao'e is beautiful, doesn't look old, and has a good temperament.

To be able to marry such a wife, he too has benefited.

As for becoming a live-in son-in-law?

Although people say harsh things to his face, secretly, envy and jealousy have lessened?

Having lived many years in the lower strata of Gangdao, he long ago understood what he himself needed.