Chapter 636 Deep Cultivation in the Business World, Consolidation of Territory
Chapter 636 Deep Cultivation in the Business World, Consolidation of Territory
In the top-floor office of the Causeway Bay office building, morning light streamed through the huge floor-to-ceiling windows onto the mahogany desk. Fang Zhanbo, dressed in a well-fitting light gray suit, held a pen between his fingers, his gaze fixed on the stock market chart in front of him, a hint of certainty in his eyes.
Several sticky notes filled with data were scattered on the table. The dense numbers and curves might seem obscure to others, but to him they were a compass guiding his way.
"Just as I predicted, the Hang Seng Index's pullback has hit the support level right now, and the gains in property and retail stocks have exceeded expectations."
Fang Zhanbo raised his hand to rub his temples, picked up the phone on the table, and instructed in a calm tone, "Notify the trader to reduce the holdings of real estate stocks by 30% in batches, and transfer the funds to the account of Causeway Bay Commercial Management Company, prioritizing the use for shop expansion and business upgrading."
After hanging up the phone, he bent down, opened a drawer, and took out a black-covered ledger containing details of stock market transactions over the past six months.
From accurately predicting a surge in tech stocks to timely avoiding the risk of a correction in financial stocks, the stock market returns have multiplied several times over in the past six months. This ample capital is the foundation for expanding the Causeway Bay business.
His fingertips lightly traced across the ledger, and a blueprint for business expansion was already forming in his mind:
The three existing scattered shops in Causeway Bay will be integrated, and chain restaurants and high-end beauty brands will be introduced. The operation model of the existing department store will be upgraded to create a one-stop consumption scene.
"Zhanbo, here is the financial details for the past week that you requested. I've organized them by sector."
The office door was gently pushed open, and Xiao Youyi walked in carrying a stack of folders. She was wearing a simple white shirt and black trousers, her hair was neatly tied in a ponytail, and her face showed a hint of shyness, but she could not hide the shrewdness in her eyes.
She placed the folder on the table, her fingertips unconsciously tracing the edge of the folder. Her gaze quickly swept over the stock market chart on the table, and she added softly, "I just passed by the trading room and saw that half of the sell orders for real estate stocks have been executed. Once the funds arrive, I can help you verify the amount received and then sort out the budget details for the expansion project."
Fang Zhanbo looked up at her, a gentle smile on his face:
"You've worked hard, little Jew. No one can beat you when it comes to a knack for numbers."
He reached for the folder, opened the first page, and found the financial data inside was organized in a clear and organized manner. Every income and expenditure was clearly marked, and even the main business and side business income were distinguished by different colored pens. "Your data is always so clear, it saves me a lot of trouble."
Little Jew nodded: "I just like dealing with numbers. Seeing messy numbers become orderly makes me feel at ease. By the way, I just calculated that the profits from this sale of real estate stocks, after deducting handling fees and taxes, are just enough to support the expansion and renovation of the Causeway Bay shops. We can also reserve some of the remaining funds as working capital to deal with emergencies."
As she spoke, she pulled a small notebook from her pocket, filled with densely packed calculations, written in neat handwriting and logically sound.
Fang Zhanbo took the notebook, carefully flipped through it, and couldn't help but nod approvingly:
"Your calculations are indeed incredibly accurate. Here's what you'd like to do: first, help me break down the expenses for the expansion project, listing out the renovation costs, rent, and brand entry deposits separately, and then compare them with the existing funds to ensure that every penny is spent wisely. After the shops are upgraded, I'll also need your help with the financial accounting and bookkeeping."
"I understand, Zhanbo." Xiao Youyi nodded vigorously, picked up the folder, walked to the desk next to him, sat down, and quickly immersed himself in his work.
Her fingers flew across the calculator, her eyes glued to the financial data on the screen, occasionally pausing to jot down a few words in her notebook, her expression focused and earnest. Sunlight fell on her profile, outlining a soft contour, but her eyes revealed an extreme sensitivity to numbers, as if she were born with an inextricable connection to these cold, hard numbers.
In a conference room on the same floor, Cola, Jimmy, Daisy, and others were sitting together, discussing the final stages of compliance work for Hung Hing's businesses. The table was covered with qualification documents, tax returns, and operating manuals for each business. The three had clearly defined roles, and the atmosphere was serious yet relaxed.
Cola, dressed in a dark suit and holding a tax compliance report, said in a calm tone:
"Currently, the tax registration of the port freight companies, casinos and entertainment venues has been completed, and the outstanding taxes have been paid in full. The tax authorities have issued compliance certificates. Next, we will focus on coordinating with the industry and commerce departments to update the business scope of each industry's business licenses to ensure that the actual operation is consistent with the registered scope and to avoid compliance risks in the future."
Jimmy leaned back in his chair, fiddling with a cigarette in his hand. His face had lost some of its usual casualness and gained a more serious expression.
"The fire safety compliance of entertainment venues has been rectified. The fire safety facilities of Blue Moon Bar and Starlight KTV have been upgraded and passed the inspection by the fire department. The most troublesome issue now is the lease contracts of several scattered shops in Causeway Bay. Some merchants previously signed verbal agreements without formal contracts, and some contract terms do not comply with current regulations. We need to communicate with each merchant and re-sign formal contracts."
He paused, then added, "I've already arranged for people to contact the merchants. Most of them are very cooperative. After all, the business environment is more stable after compliance, which makes them feel more at ease. But there are still two or three merchants who are worried that the rent will increase when they renegotiate the contract, and they keep dragging their feet and refusing to cooperate. I may need to communicate with them personally later."
Daisy sat to the side, holding an operations manual in her hand, her fingertips lightly marking it:
"I can accompany you to discuss the matters with the merchants. I have already had the finance team calculate the market rent for surrounding shops and set reasonable rent standards. There will be no arbitrary rent increases, and we will also provide certain preferential policies for long-term cooperative merchants. I believe this will dispel their concerns. In addition, I have also contacted a legal team to revise the lease contract template. All clauses comply with current laws and regulations, which will protect the rights and interests of Hung Hing as well as the interests of the merchants."
Cola nodded in agreement: "That's for the best. Compliance isn't something that can be achieved overnight, and we can't just think about our own interests. We need to achieve a win-win situation with the merchants to ensure the long-term development of the industry. By the way, the compliance approval for the logistics park project is also underway. I've already coordinated with friends in the planning bureau and the housing and construction bureau. They'll be visiting the site next week to inspect it. Once the inspection is passed, it can officially start operating. At that time, we can form a linkage with the port freight company, and the revenue will be even more considerable."
The three then discussed the details of compliance for nearly an hour, clarifying the issues of each industry one by one and formulating a detailed implementation plan: Robinson was responsible for liaising with government departments to advance the qualification approval and acceptance process; Jimmy was responsible for liaising with merchants to resolve lease contract issues and ensure the compliant operation of shops; and Daisy was responsible for coordinating financial and legal support to ensure the smooth progress of all tasks.
12dz