Chapter 301 Leverage of Wealth (Third Update!)

Yin Jun often heard people say that real businessmen basically do not use their own money to do business.

They don’t have the same amount of money to do as many things as ordinary people.

They usually have one dollar and dare to do things that cost ten dollars.

How to do it?

Of course, it is loans from various banks and financial companies.

In his previous life, Yin Jun was determined not to borrow money to do anything, so he didn't even take out a loan to buy a house. Naturally, many girls were unwilling to continue dating Yin Jun after hearing this.

But in this life, Yin Jun has been borrowing money since he started doing business.

All of his loans were from Xiangjiang Commercial Bank, and so far he has loaned out RMB 160 million. This does not include the US$20 million credit guarantee he asked Xiangjiang Commercial Bank and Citibank to do. ——In fact, 3 million US dollars of it has been paid to Lucasfilm's account, so it is equivalent to Yin Jun owing about 15 million Hong Kong dollars to Hong Kong Commercial Bank.

Hong Kong Commercial Bank is backed by Pangu Bank, which has very abundant capital reserves. Moreover, Mr. Chen has friends all over the world. Things like being able to mobilize 10 billion Hong Kong dollars in one sentence are not a problem at all for Mr. Chen.

So they actually never worry about lack of money.

But Yin Jun alone loaned nearly 200 million Hong Kong dollars to them, and the collateral was only a piece of land and 20 scripts, which made the board of directors quite dissatisfied.

Of course, it is impossible for this to appear in the mainstream.

Both Chairman Chen Youhan and Managing Director Kang Xinyuan are very optimistic about Yin Jun.

The rising prices of land in Tin Shui Wai have also become the best evidence to support their vision.

It is said that there are now more than 20 real estate developers, large and small, who want to buy land in Tin Shui Wai. Even if someone has offered a price of 30 or even 40 per square foot, the Zhao family is not tempted at all.

Insider information from the Zhao family said they are in no rush to sell the land now.

On the one hand, the Zhao family does not have much land left, which is about 200 hectares. If they sell more, they will not have much left.

Secondly, the Zhao family is waiting for the development of Derun Group and Yin Jun.

When the land is developed by both parties, the price will no longer be 30-50, but will be at least 780, or even 100.

At that time, whether they were selling it or developing it themselves, they were able to do it with ease.

Seeing that Yin Jun's land continues to increase in value, what do they have to worry about?

But Yin Jun did not give up. He came to Xiangjiang Commercial Bank again and wanted to apply for a loan again.

However, this time what he took was not the land, but the shares of Wharf and Cheung Kong Group in his hands.

Yin Jun holds 14.6 million shares of Changshi Group. According to the current average value per share, which has dropped a little, it has a market value of about 90 million.

Wharf Yin Jun has 1 million shares, but Wharf's market value is much higher.

Although at the beginning of this year, the performance report showed that Wharf's profits were not as good as expected and even fell a part, but now with the continuous boom in real estate, Wharf, which has many land reserves, has naturally risen, and has risen to 40 Hong Kong dollars per share. look like.

So the market value of the Wharf stocks in Yin Jun's hands was HK$40 million.

The total amount of stocks introduced is 130 million, which seems to have almost wiped out his loan.

This is one of the reasons why Kang Xinyuan is very optimistic about Yin Jun's change of attitude.

Yin Jun's two loans were both to purchase these two stocks, but the two stocks themselves are Yin Jun's personal property and have nothing to do with the loan, so Yin Jun can use these two stocks to mortgage another loan.

This kind of loan method can be said to be a bit opportunistic, and it can also be said to be a big gamble.

Yin Jun has also seen this method of cumulative investment by leveraging strength in many cases.

For example, I own a house, and then I took out a mortgage of 1 million to buy a second house with the full amount, and then I mortgaged the second house to buy a third house... and this goes on and on. Go on until there are eight sets out of ten.

During the whole process, what I actually paid was just the first house. The rest of the money was bought with borrowed money. Then all I had to bear was the loan interest on these ten or eight houses.

When the house prices increase, I will sell the last one. The money earned will not only pay the loan interest, but also offset part of the loan.

When the price of the house increases again, I will sell the second to last house to offset the interest and loan principal again.

After doing this three or five times in a row, all my loans were finally paid off, and in addition to my own house, I was left with two, three, or even three to five houses.

Isn't this cool?

Is it like a white wolf with empty gloves?

Many people in the mainland have made a lot of money in real estate through this method.

But one thing, which is the most important prerequisite, is that you have to ensure that in three to five years or even seven or eight years, real estate prices have been rising and not plummeting.

Only in this way can you earn the price difference through the increased value and earn several houses.

Obviously, people in Beijing, Shanghai, Guangzhou and Shenzhen, and even many second- and third-tier cities, have experienced such good times for more than ten years when real estate only rises but does not fall, so they make money.

If something like this happened in Japan in the 1990s, or in the United States around 2008, or even in Hong Kong around 1997, then...

Terrifying and tragic incidents like dumplings being dropped on the rooftops around the Shenzhen Stock Exchange will never happen less frequently.

Yin Jun is using a similar method now.

Use the principle of leverage to leverage loans to gain more wealth.

Yin Jun was never rash. The reason why he did this was because he knew that the prices of real estate and stocks in Xiangjiang had been rising crazily in the past few years, especially the land and companies he valued.

That's why Yin Jun dared to invest in this way.

Chen Youhan had already heard about Yin Jun's involvement in the comics industry. Now that he had come to apply for a mortgage loan, he actually felt a little headache.

"Ajun, you are now working as a screenwriter for movies and TV series, and you are also engaged in the stock market, and then you are also investing in the real estate market... Now you are going to enter the comic industry on a large scale. Can you handle it?" Chen Youhan said Ask Yin Jundao.

Of course he had good intentions and was worried that Yin Jun would end up failing to do many things because of his greed for more.

You know, after Chen Youhan came to Xiangjiang, the person he admired the most and was most willing to support was Yin Jun.

He hopes that Yin Jun can become a super rich man with his support, so that his father and younger brother can see that although his business talents are not so amazing, his vision of people still integrates the tradition of the old Chen family, and he is definitely first-rate. .

Therefore, Chen Youhan didn't want to see Yin Jun fail the most, so he tried to persuade him.

Yin Jun naturally respects this banker who helps him selflessly. In addition, he also needs his help in terms of loans, so the young man can discuss things in more detail with him.

"Uncle Han, the reason I do stock investment and real estate investment is actually to build my own entertainment media empire." Yin Jun said, "So what I really want to do is to write scripts for movies and TV series. That's the beginning, the real first step. Yes, it is this comic industry. I need it to cover the entire cultural circle in Asia and let them get used to finding happiness in my comics. This will form a powerful cultural propaganda and make them more aware of our culture. With this sense of identity, when I make movies and TV series in the future, it will complement this comic and achieve twice the result with half the effort."

Yin Jun didn't say that the real strength of the comics industry is not just its comic sales. In fact, it's all about petty profits.

In the comics industry as a whole, the most profitable thing is its peripheral products, which can cover almost every corner of life - if you are famous enough.

For example, I can wear Chibi Maruko-chan's clothes or Shin-chan's clothes, I can wear Naruto's shoes, the water glass I use can be one with a portrait of Mr. Abu, and the pillow I sleep on can be one with Limbo Rei's clothes. Portraits... when all aspects of life are developed, it will be a big industry.

Then there are limited edition souvenirs, various special editions, etc. They come specifically to collect the money of rich children. No matter how much they steal, they will happily say it is worth it.

The most outstanding comics can also be made into animations that are sold all over the world, making millions or tens of millions per episode, just like playing.

There is also the annual big movie version, which can earn tens of millions and hundreds of millions every year. What's wrong with it?

There are even more powerful comics, such as the live-action movie "Transformers", which you can't even count for money!

It is useless for Yin Jun and Chen Youhan to talk about such a broad and beautiful prospect, and it is impossible to say so.

Keeping your secret from the future is much more important than convincing someone.

Therefore, Yin Jun was only talking about media and entertainment.

Chen Youhan actually quite agrees with Yin Jun's understanding.

China's culture has always been so nourishing and silent. Yin Jun can think of a multi-pronged approach to the culture and entertainment industry, which is a kind of far-sightedness.

"But, do you have experience in making comics? You also said you would sell 5 million copies, which made many people laugh at you." Chen Youhan said a little worried.

"This is my first time making comics, but the core of comics is to tell stories. Don't you, Uncle Han, trust my ability to tell stories?" Yin Jun said, "What's more, I also came from Shanghai Art Film Studio We have invited more than 40 famous artists, and no one in Asia can dare to say that their art skills are better than them."

"You invited them here?" Chen Youhan was a knowledgeable person and was surprised when he heard this. This was something that the outside world didn't know.

Unexpectedly, Yin Jun quietly invited the elites from Shanghai Art Film Studio. These are incredible art and animation talents!

He is also someone who has watched Mr. Wan's "Havoc in Heaven"!

"Well, we have reached an agreement with them. If I need it, I can invite people over without limit." Yin Jun boasted, "If these people are really not good enough, I am going to invite Master Wan San and Master Wan over. Can you still trust them?"

"It's a crime, it's a crime, the old man is so old, why are you still going back and forth? Their disciples and grandchildren are enough." Chen Youhan said quickly, and then his face was full of relief: "Huang Yulang and Shangguan Xiaobao are considered figures in Xiangjiang. But their screenwriting ability is not as good as yours, and their painting ability is even less likely to be as good as the famous masters of Shanghai Art Film Studio... Ah Jun, you are really calm and down-to-earth in what you do!"

At this point, Chen Youhan no longer had any doubts about Yin Jun making comics.

What he is wondering now is whether Yin Jun can reach the 5 million copies per issue he claimed.

If it is really a perfect match as Yin Jun said, I dare not say 5 million copies, but one or two million copies, it shouldn't be a problem, right?