Chapter 108 Entering the Electronic Game Console Market!

Yang Ming still gave the construction of the Empire Group Building to Mai Lisi.

Mai Lisi is the general manager of the Empire Group. He is not just one person, but also many people to work for him. Only when it comes to the important matters of the Empire Group, will he make a decision with Yang Ming.

Dinner time.

Yang Ming, Mai Lisi, Ma Shimin, Yang Jirong and Li Yufang have dinner together.

After dinner, Mai Lisi and Ma Shimin drove away separately.

Yang Ming was blowing the wind in the yard, and a cool breeze blew.

Yang Ming went upstairs in a wheelchair.

With the help of Ah Zhu and Zhong Chuhong, Yang Ming took a comfortable hot bath and returned to the study.

When Ah Zhu and Zhong Chuhong brought the newspaper.

Yang Ming saw at first glance that many evening newspapers reported that the Wharf Group spent 560 million Hong Kong dollars to bid for the Murray Building site.

Not surprisingly.

The Murray Building site is the highest land in Hong Kong this year and even in recent years.

When this news came out, it still caused a great shock in Hong Kong.

Especially when Yang Ming, who was sitting in a wheelchair, was photographed by reporters.

"Boss, your company spent so much money on the land auction again?" Ah Zhu asked.

What is the concept of 560 million Hong Kong dollars?

Ah Zhu and Zhong Chuhong didn't know.

The two women knew that many ordinary people in the lower class in Hong Kong now only have a monthly salary of more than 1,000 Hong Kong dollars, and some people who have just smuggled from China or Southeast Asia may not even have a few hundred Hong Kong dollars a month.

Of course, when the two women saw the big bag of cash worth 100 million Hong Kong dollars that Yang Ming gave to Shen Yi, the two women may have some concept of money.

"It's really a lot of money."

560 million Hong Kong dollars, whether now or in the next fifty years, is definitely a huge sum that ordinary people can't earn in several lifetimes.

. . .

Rest for a night.

Early the next morning.

Yang Ming got up, washed his face with the help of Ah Zhu, came downstairs, exercised in the garden, and slowly started to walk with the support of the two women.

His physical recovery is not achieved overnight, but takes a long time.

However, he has recovered quite well recently.

When others thought that Mr. Yang would have to use a wheelchair for the rest of his life, he could actually travel short distances on his own.

In the eyes of Chung Chuhong, it would be perfect if Mr. Yang could really walk normally like an ordinary person.

Yang Ming finished breakfast with his parents.

Get on the Rolls-Royce.

Take the car to the Federal Building.

Get off the car and take the elevator upstairs.

Yang Ming first returned to the chairman's office in a wheelchair. Lin Xiuzhi, who had already come to work, made a cup of coffee for Yang Ming.

"Boss, Wharf Holdings spent a high price to auction the land of Murray House."

It was on the news in the evening paper last night, and Lin Xiuzhi also saw the news at home.

I was also very surprised just now.

In Hong Kong, the housing prices in Central Hong Kong are very expensive now.

Now the boss's Wharf Holdings actually spends more than 500 million Hong Kong dollars to buy a piece of land, which is really outrageous.

She felt that flour was more expensive than bread. How much would the rent of the office building be to recover the cost?

Moreover, it would cost a lot of money to build the office building.

"Yes, that will be the headquarters of our Empire Group."

Empire Group headquarters?

Lin Xiuzhi was even more surprised.

It was normal to think about it. After all, it was one of the most prosperous areas in Central Hong Kong.

9:00 am.

"Lin Xiuzhi, go and call all the fourteen people, Maris, to the conference room for a meeting."

Lin Xiuzhi went to notify the other fourteen people.

Hunter, Jason, Alva, Andy, Arnold, Badway, Barlow, Bud, and Haley and Miss Carrie.

Tang Shilian, Li Yongfeng, Wang Shan, Xu Qingsheng.

Yang Ming's first batch of fifteen employees.

Now they are all here.

Now except Lin Xiuzhi, who is Yang Ming's assistant secretary.

Tang Shilian is the financial director of the Empire Group.

The other fourteen people are now responsible for major stock markets around the world.

In addition to these fourteen people, they now have five to ten subordinates.

"Everyone, let me tell you a piece of news. We are cooperating with Huifeng Bank. Huifeng Bank will invest 10 billion Hong Kong dollars in Empire Group in the first year, and Huifeng Bank will get a net profit of ten points."

Ten points of net profit.

If it was before, Mai Lisi and others would think that the profit was very high.

Many financial companies only have a net profit of two or three points a year, or even lower.

Yang Ming's ten points of annual profit for Huifeng Bank is indeed very high, which is equivalent to doubling Huifeng Bank's annual profit in one year.

These people know Yang Ming's earnings in the stock market. A normal day of stock market trading has more than 80 points, let alone a year. They don't know how to calculate it.

Hunt and others know that Huifeng Bank did that because it saw the profits of Empire Group in the stock market and dared to invest in Empire Group.

"Boss, are you planning to invest Huifeng Bank's funds in the stock market?" Li Yongfeng asked.

Li Yongfeng said that he made money from the stock market through the funds of Huifeng Bank. Except for the 10 points of profit that belonged to Huifeng Bank, the rest naturally belonged to the Empire Group.

For the Empire Group, short-term investment is not necessary at all.

The Empire Group already has enough short-term investment funds, so it is not necessary at all.

As for long-term investment, like Buffett, it is actually not bad.

Yang Ming felt that it was unnecessary and wasted so much time.

For him, time and money are as important.

Buffett has no idea about tomorrow's stock market or the changes in the stock market in a short period of time. Yang Ming knows how many points the stock market will rise or fall tomorrow, so there is no need to do that.

"No, I'm going to enter another industry."

The money in the stock market can be continuously earned by making profits in this way.

No matter how much money Huifeng Bank has, it is impossible to invest in it.

"Boss, what industry do you know?"

"Electronic games."

Electronic games?

If it was in the 1980s, 1990s, or the 21st century, even rural children would know what it is.

Now in Hong Kong in the late 1970s, electronic games are still very unfamiliar.

Except for Mai Lisi who had heard Yang Ming say it in advance, the other few people looked at each other and seemed to have no idea what it was.

"Arcade? Who of you has heard of it?"

The broad sense of coin-operated arcades can be traced back to the 1920s, including pinball machines, coin-operated electric mechanical games, claw machines, and coupon-returning amusement machines.

Arcade in a narrow sense refers specifically to commercial electronic games that are run in coin-operated frames in the form of computer programs.

Games that run on arcade machines are called arcade games.

In 1971, the world's first arcade machine was born in a computer laboratory in the United States.

In 1972, the "Bing" arcade machine was released, which is a coin-operated arcade machine using integrated circuit TTL.

In 1973, the "Bing" arcade machine came to Japan.

Taito Co., Ltd. in Japan believed that this game with a very high price had no market, so it gave up the opportunity to exclusively represent the "Bing" arcade machine and instead represented it with Sega.

Soon, "Bing" triggered a rush of Japanese companies to enter the arcade game market.

The success of "Bing" shocked the employees of Taito Co., Ltd.

Integrated circuits were a symbol of the latest technology at the time, and it was unexpected that they could be applied to coin-operated arcade machines.

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