Reborn Tech Maniac

Chapter 308 The ATM Network Controversy of Xiangjiang Bank
Women who have experienced marriage failure are often more practical in thinking about problems.

Zhao Yazhi is like this now. While aggrieved, he does his best to think about the man he relies on.

For example, during the time in Xiangjiang, Tang Huan was able to deal with several women in a smooth manner, which was due to her great contribution.

Zhao Yazhi's kindness won Tang Huan's heart, and the love and trust he won is self-evident.

……

After Tang Huan asked his subordinates in Japan to arrange the relevant itinerary, he enjoyed the tenderness and relaxed himself while paying attention to the market feedback of various new products.

Compared with other regions, it is easier for the free port of Xiangjiang to be a test field. Therefore, products developed according to Tang Huan's ideas are mostly launched here in order to collect user feedback as soon as possible.

Just like those new systems that specifically serve the financial field, you can find guinea pigs willing to try new things in various large and small private companies in Hong Kong.

So far, the market for magnetic stripe cards for banks and systems such as the Automated Teller Machine, or ATM, has been going fairly well.

The idea of ​​ATM could not wait for Tang Huan to come up with it.As early as 1967, an employee of the world-renowned banknote manufacturer De La Rue, the British John Shepherd-Barron—John Shepherd-Barron, borrowed from the concept of a chocolate vending machine, modified it, and designed an ATM. Installed at Barclays Bank Enfield branch in North London, UK.

Hong Kong is considered one of the earliest areas to adopt ATM services. Hang Seng began to set up automatic teller machines in 1979, and HSBC followed up in 1980, and named this network service Electronic Teller Card——易通财 means ETC.

At that time, HSBC invited Zheng Shaoqiu and Shen Dianxia to do the opening ceremony, and asked the former to shoot a series of advertisements for Yitongcai in the image of "Chu Liuxiang".

Its sensational effect can be seen from the fact that the ad was selected as one of the funniest TV commercials in the world by the American TV program "Johnny Carsons Tonight Show".

Of course, the current ATM can only be seen in the most prosperous areas.

Moreover, the only member banks of Yitongcai are HSBC and Hang Seng.

In order to compete with HSBC's Yitongcai, five Chinese-funded banks, Hong Kong Branch of Bank of China, Bank of East Asia, Zhejiang First Bank, Shanghai Commercial Bank, and Wing Lung Bank, are preparing to build a similar network service Joint Electronic Teller Services Limited—Jetco, or JETCO for short.

In fact, no matter what name each banking alliance chooses for its ATM network, it remains the same. The general function is the same. It is nothing more than allowing member banks to access each other's account information through the network, so that users do not need to At the bank where the account is opened, you can withdraw cash at will, transfer money, pay fees, etc.

In order to cheer up his own products, Tang Huan once described the ATM in a joking tone at a meeting, "In fact, it is a Xiaobawang arcade machine, but it is replaced with a Fangyuan computer in the cabinet. The Xiaobawang arcade machine and the Fangyuan computer are in the market. You know your success in the world. Therefore, don’t be timid because we entered this field late, or even doubt the maturity and stability of your own technology. All you need to do is to attack bravely like a pack of wolves.”

To some extent, Zheru Xiangjiang Company is in an active position in its relationship with the bank.

Due to the convenience of Xiangjiang as a free port, Zheru Xiangjiang Company has a large amount of capital flowing every day. The banks have long been slanderous about this flow of money and are trying their best to attract this God of Wealth to open an account.

In addition, as a bridgehead to open up the mainland market, Zheru Xiangjiang Company's RMB business is also very impressive.

Coupled with Tang Huan's background, it is not impossible for Zheru Xiangjiang Company to take all of Yintong's orders.

This is the boost from the top, and at the grassroots level, the employees of Zheru Xiangjiang Company are almost red-eyed about this business.

Since starting the database business of the Xiangjiang Police Department, Zheru Xiangjiang Company has tasted the sweetness.

This kind of customer demand emerges endlessly, especially with the abolition of the "on-the-base policy", the task of police spot checking ID cards has become more and more frequent, and Zheru Xiangjiang Company has made a lot of money.

In turn, the Xiangjiang Police Department would also like to thank Zheru Xiangjiang Company for its powerful technology, which greatly helped their work.

Yintong, which is currently in preparation, is undoubtedly another Xiangjiang police department. One can imagine the motivation of the Zheru Xiangjiang company.

In fact, according to the analysis of the news from Zhou Mi, Yintong’s business has become more and more inclined towards philosophy and Confucianism. What Tang Huan, the big boss, needs to do is to eat, drink and have fun with relevant people, strengthen mutual trust, and let The other party further understands the power of philosophy and Confucianism technology.

During this process, Tang Huan accidentally met another rich second generation, the executive director of Sun Hung Kai Securities - Feng Yongfa, which immediately aroused his interest.

However, this man seems to be a little unprofessional. Compared to his old profession - financial securities, he is more interested in movies.

It is said that as early as 1978, Feng Yongfa had participated in the financing and production of a western film.

The name of this movie is "The Wild Geese" - "Wild Swan Hunting Order", and its starring role is Roger Moor, who is now the actor of "007". In addition to being poor, the response in Europe was good.

Now, Mr. Feng can be regarded as a film producer. In 1980, he invested in a film - "The First Type of Danger", directed by Tsui Hark.

It can be said that it was Feng Yongfa's performance that attracted Tang Huan's attention, and matched up with the characters in the original time and space - he founded Fairchild Group in Canada - New Times Group, which owns Canada's only national Chinese media group Fairchild Media Group - New Era Media Group, known as the Chinese media tycoon in Canada.

In fact, Feng Yongfa is not an ordinary rich kid. He comes from a famous family. His father is Feng Jingxi, one of the founders of Sun Hung Kai Properties.

The Feng family established "Xinxi Company" in the early years, focusing on small businesses, including buying and selling rice, running restaurants, and transporting agricultural products by water.

In 1958, Guo Desheng, Li Zhaoji, and Feng Jingxi, together with Hu Zhaochi, Huang Shaoxuan, Qi Zonghuang, Lu Xianzao, and Guo Jintao, formed a joint venture Yongye Company to enter the real estate industry.

In 1963, Kwok Desheng, Lee Shau Kee, and Fung King Hei formed Sun Hung Kai Properties. The three invested a total of 100 million Hong Kong dollars. As a result, after being listed on the Hong Kong Stock Exchange in 1972, the market value reached 4 million Hong Kong dollars, and the "Three Swordsmen" became famous.

The key to the success of this myth of wealth that makes people mad with envy is very ironic. It boils down to one thing: how much confidence do you have in the mainland.

In the mid-1960s, there was a wave of run on Chinese-owned banks in Xiangjiang, and there was a wave of immigration.
However, Guo Desheng, Li Zhaoji, and Feng Jingxi had confidence in Xiangjiang, bought a large amount of land, and built more than 20 buildings within three years. The economic boom will soon come, and Sun Hung Kai Properties will make huge profits from this. "Three Swordsmen "Became a "business strange man".

During the wave of immigration in the 1960s, the Fung family immigrated to Vancouver, Canada and obtained Canadian citizenship.

However, Feng Jingxi and his wife Liang Baoxuan soon returned to Hong Kong to continue their careers, while their children were left in Vancouver to complete their secondary school and university careers independently.

After learning about Feng Yongfa's Canadian nationality, Tang Huan couldn't help but suddenly realized that in the original time and space, this person was able to build a Chinese media kingdom in Canada without being affected by policies.

There is no feast that never ends. As early as 1969, the "Three Swordsmen" parted ways.Feng Jingxi, Guo Desheng, and Li Zhaoji began to use their respective strengths to enter new business fields.

For example, Fung King Hei founded two companies, Sun Hung Kai Securities and Sun Hung Kai Finance, in 1969.

Among them, the former once accounted for 1973% of the total trading volume of the Hong Kong stock market. In [-], "Sun Hung Kai Securities" was renamed "Sun Hung Kai Securities Co., Ltd." and became a publicly listed company two years later.

The latter will soon obtain the official Heung Kong Bank license, and it is only a matter of time before it becomes "Sun Hung Kai Bank".

Judging from the intelligence collected carefully, Sun Hung Kai Securities and Merrill Lynch are cooperating closely, and it is rumored that the two parties are negotiating cross-shareholding related matters.

It has to be said that Zhou Mi is operating very effectively in Xiangjiang, and this information is very accurate.

Tang Huan remembered that it was through this transaction that Feng Jingxi became the largest individual shareholder of Merrill Lynch. At that time, his net worth was estimated to be 24 billion yuan, and he was known as the "Godfather of Stocks."

The four brothers and sisters of the Fung family spent their high school and college years in Vancouver. Feng Yongfa entered the University of British Columbia to study business. After graduating in 1973, he returned to Hong Kong the next year and joined his father's Sun Hung Kai Securities as an executive director. In 1975, he was sent to New York to train in the Eastern Department of Merrill Lynch.

Feng Yongfa had limited interest in work in the field of finance and economics, and the tense atmosphere on Wall Street made him overwhelmed, so he went to the night school of New York University to study film in the evening, and graduated in 1976, which undoubtedly further consolidated Feng Yongfa's confidence in entering the film industry .

Tang Huan was quite sympathetic to the situation of Mr. Feng. After the fierce conflict between the son's inheritance from his father's business and his personal interests, it was indeed quite a dilemma.

Since Feng Yongfa was so obsessed with movies, Tang Huan followed suit and found an opportunity to draw him into Huamei Entertainment, and even invited him to visit Hollywood.

Tang Huan has his own uniqueness and brilliance in controlling people's hearts. Mr. Feng has a feeling that he regrets meeting him too late, and he soon becomes a confidant. He pours out the bitterness in his heart and talks about the conflict of career choices. The depression caused.

Feng Yongfa is the eldest son of Feng, and he has a younger brother Feng Yongxiang and two younger sisters Feng Qiwen and Feng Qiling.

So, Tang Huan smiled and said casually, "Since you are doing so reluctantly in your current job, you should talk to Mr. Feng about it. Anyway, there is still your second brother who can inherit his father's career."

"It's hard to say." Feng Yongfa sighed and shook his head.

Tang Huan frowned, and suggested: "How about you take a vacation with Mr. Feng, come out for two years, and develop according to your personal interests. Maybe when your wish is fulfilled, you will change your original intention and go back to inherit your father's business." gone."

"This idea seems to be worth a try." Although Feng Yongfa's tone was a bit hesitant, his expression showed that he was already very tempted.

"After you come out, of course you don't have to start from scratch alone. The resources on my side can be used by you." Tang Huan patted his chest boldly, with the appearance of being a friend, and he was fighting something secretly. Little Jiujiu, only he knows.

"Don't you still have business to discuss with my father? Why don't you help me cheer for me when we have dinner together, or even endorse it." Feng Yongfa extended the invitation without any hesitation.

"It's not easy for me to participate in the internal affairs of your family." Tang Huan waved his hands again and again, "Of course, if the opportunity is right, it's okay to say a few words."

"Okay, talking is better than nothing." Feng Yongfa nodded slightly, obviously, he had already made up his mind.

"I'm going to find a chance to go to Vancouver for a while. In return for my help, you can be a guide. Anyway, you have lived there for several years, so you can be regarded as a local snake." Tang Huan was not polite, and proposed his own Require.

"Of course there is no problem." Feng Yongfa readily agreed, "Actually, I am more used to the living environment in Vancouver, so I am really familiar with it, and I am absolutely competent as a guide."

"That would be great." Tang Huan smiled playfully, and said in his heart that he was just looking for an opportunity to give you a boost so that you can run a base in Vancouver earlier.And Feng Jingxi is still alive, some resources must be more abundant than in the original time and space.

Of course, Feng Jingxi is well aware of the upcoming dispute over Xiangjiang Bank's ATM network, and it is foreseeable that his bank license will be approved soon, so he will naturally be more concerned about it.

At the same time, investment in some equipment is also essential.

Zheru's products already have enough word of mouth, Tang Huan can be said to be confident in promoting them.

Regarding this, Feng Jingxi accepted them one by one with a smile.

In fact, what Feng Jingxi was really happy about was that his son had made such a well-connected friend.

Under such circumstances, Feng Yongfa cautiously proposed that he wanted to suspend his duties for a while and visit Tang Huan's Hollywood company, but he was not reprimanded by his father.

Instead, Feng Jingxi waved his hands generously, and said lightly, "It's good for young people to go out and venture."

(End of this chapter)