Chapter 759 The Future Fortune 500

Soon it was the beginning of August. After Yang Wendong arranged things in Los Angeles, he took a private plane to Toronto, Canada.

In many countries, there is a peculiar phenomenon, that is, the economy of a city is much stronger than the capital, such as Washington, New York and Canberra, Sydney; the same is true in Canada, where Toronto's economy is much stronger than the capital Ottawa. It is also the economic center of Canada, with a large number of top companies having their headquarters here.

At the airport pick-up area, several foreigners were holding up English signs that read "Eric Yang, Hong Kong Changxing Group". Yang Wendong's assistant approached them and after understanding, a 40-year-old man nearly 2 meters tall came forward to shake hands and said, "Hello, Mr. Yang, I am David, the vice president of the Canadian Imperial Bank."

"Hello, David." Yang Wendong also shook hands and said;

The Imperial Bank of Canada, this name may be rarely known to mainlanders in the past life, but just by hearing the name, you know that it is the top bank in Canada;
As a member of the Commonwealth, the Canadian Imperial Bank has businesses in many regions and countries within the Commonwealth, including Hong Kong.
Historically, the relationship between Canadian Imperial Bank and Li Jiacheng was very close, including a large number of loan businesses, local real estate business in Canada, expansion of oil business, and listing of Cheung Kong Industries in Canada, etc.

Nowadays, over the years, it has also cooperated with Changxing Group many times and invited Changxing Group to invest in Canada;

Yang Wendong was also considering visiting Canada this time. In addition, in terms of time, Canada is very cold most of the time. Now it is August, which is considered a short summer, so it would be nice to come here for some fun. The time is still relatively short.

David said, "We have prepared a hotel for you. Please go and rest for a day, Mr. Yang. Tomorrow, I will take you to the headquarters of our bank. At that time, all the senior executives of our bank will come to welcome Mr. Yang."

The Canadian Imperial Bank also attaches great importance to this super-rich man who made his fortune from scratch in Hong Kong, not only because of the size of his assets in Asia, but also because of his many investments in the United States;
Canada is very close to the United States, and they probably know something about Changxing Group's various investments in the United States over the years. Whether in Asia or the United States, this young man has unlimited potential in the future;

When he was in Hong Kong, it was difficult to carry out large-scale cooperation with local Hong Kong companies due to his foreign investment status. But now that Yang Wendong's investment direction has turned to overseas, the Imperial Bank of Canada naturally wants to fight for it. At the same time, as Canada's top bank, they also hope that Yang Wendong can invest in Canada, because Canada has not had an easy time after the oil crisis.

"Okay." Yang Wendong nodded.

He came here with the intention of having fun, and as for business, he only needed to spend some time appropriately;

Canada is actually a place suitable for investment, but one has to act as if he doesn't care. That's how business negotiations work. If people see that you really want it, then get ripped off.

The group arrived at an InterContinental Hotel, a traditional five-star hotel chain that can be found in every major city around the world.

After David left, Yang Wendong came to the window, looked at the scenery outside, and fell into deep thought;
In the past, Canada was the backyard of the United States, and its internal economy was shattered by the United States, and its industry was basically gone. However, in this era, it still has many strengths. For example, in the 50s and 60s, Canada was still able to design and manufacture fighter planes by itself, but by the 70s, it only had the manufacturing capability.

The ability to manufacture fighter jets is enough to show that the domestic industrial foundation is still very strong. In the 80s, Canada turned to the civil aviation field on a large scale and successfully built civil aircraft. However, it was ruined by the joint efforts of the United States and Boeing, and ultimately could only build private aircraft, which is a small market category.

Canada also has some production capacity in the fields of trains, cars, motorcycles, and auto parts, but due to limited population, the scale is not large and many of them are outsourced to overseas.

But no matter what, the overall strength is still good, and there are many opportunities for me;

In addition, traditional fields such as mining, petroleum industry, energy industry, forestry, agriculture, etc. are not to mention, but Yang Wendong has not yet decided whether to invest in these industries.

The next day, Yang Wendong followed David to the headquarters of the Imperial Bank of Canada, a 40-story skyscraper in Toronto;
After entering, under David's introduction, Yang Wendong also met the senior executives of the Canadian Empire Bank. After some greetings, only a few people came to the conference room on the top floor.

Logan, CEO of the Canadian Imperial Bank, said with a smile: "Mr. Yang, although I have never been to Hong Kong, I have heard of your name in Canada. I admire your story of starting from scratch."

"Haha, thank you for the compliment." Yang Wendong smiled;
Starting from scratch is something that is highly admired by anyone, and this will also be one of the most dazzling highlights of Yang Wendong's future halo.

Logan continued, "Mr. Yang, I am very optimistic about the city of Hong Kong. I also hope that the Canadian Imperial Bank will continue to invest in Hong Kong in the future, so I also hope to cooperate with you more in Hong Kong."

Yang Wendong smiled faintly and said, "As long as it is appropriate, I will also choose to cooperate with overseas banks appropriately."

Naturally, he won't cooperate with you just because you say so, even if it's just official words.

Logan also understood what he meant, so he said, "Mr. Yang, what do you think of Canada's economy?" "Not bad. After all, it is close to the United States, the world's largest market, and you also have an agreement on preferential tariffs within your country." Yang Wendong nodded and said.

The United States of this era, or the United States 50 or years ago, was still very powerful, so powerful that it had no rivals except polar bears. In addition, it was also trying to promote global free trade and break the colonial monopoly of traditional empires such as Britain and France, so its foreign policy was still very good, not as ugly as it would be years later.

As the northern neighbor of the United States, Canada is very convenient for transportation to the United States, and tariffs are gradually decreasing;

Another point is that as a neighbor of the United States, Canada basically has no national defense pressure. Although it has an army, it is not an exaggeration to say that it is just for show. Military expenditure is very low, so social welfare, government support for enterprises, and the economy are naturally better.
The same is true for Europe as a whole, Japan and South Korea. It cannot be said that this is the only factor for their rapid development, but it definitely plays a very important role.

Logan smiled and said, "Mr. Yang, have you ever considered investing in Canada? I know that the scale of your assets in Hong Kong is very large. To be honest, if this scale continues to grow, it will not be a good thing."

"Well, I understand. What are some good investment targets in Canada?" Yang Wendong also knew what "too much is as bad as too little" meant. The scale of his investment in Hong Kong was indeed too large. In the future, except for a few British-funded targets or a few high-quality projects, the rest would basically be focused on developing his own land.

Logan asked, "Mr. Yang, do you want to invest in real estate in Canada?"

"No, I want to invest in the real economy." Yang Wendong shook his head.

Canada's real estate business may have a future, but if he is not clear about the fluctuations, there is no need to participate. The security and return rate are even lower than those in Southeast Asian countries such as Thailand.

"Manufacturing?" Logan asked again, "Do you want to acquire or invest?"

Yang Wendong said: "Let's invest first and don't consider acquisition for the time being."

Logan thought for a moment and said, "What industry?"

"Auto parts industry, I need some information about auto parts companies in Canada." Yang Wendong replied: "How long will it take for you to prepare it?"

Logan replied, "Mr. Yang, there are too many companies in the auto parts industry. I can give you some basic information first. You can take a look at it. If you like any company, I will arrange for someone to investigate in detail. How about that?"

"Okay, when can you give it to me?" Yang Wendong asked;

Logan said: "Give me three days."

"Okay." Yang Wendong nodded. He also came to Canada to play, so this way his schedule would be well managed. He could play for a few days and then look at the information.

As for the trial investment in Canada, I will not participate in it myself for the time being, and will focus on investing in high-quality enterprises;
In the next few days, Yang Wendong took Su Yiyi and several children to visit many attractions in Toronto, and also went to Chinatown to have some fun and communicate with the locals;

Many of them are from Hong Kong, a few from Taiwan or their elders have been here for a long time. Many people here speak Cantonese. The first influence of Hong Kong on the world today is on Chinese communities everywhere.

Three days later, Yang Wendong came to the headquarters of the Imperial Bank of Canada again. David had already prepared the information. Yang Wendong opened it and looked at it for a while. He basically didn't recognize the names in it, so he turned the pages at the back. Suddenly, the name of a company appeared in front of him: Magna Automotive Parts Co., Ltd.

He knew that this company would be a top Fortune 500 company in the future.

Sure enough, he may still remember many top companies that will not be very famous in the future, but not very clearly, and he can only recall them after receiving some reminders;
I didn’t expect to gain this during my visit to Canada. If I can invest in this company, then this trip will not be a loss.

So he said, "I seem to have heard about this company from someone who returned from Canada when I was in Hong Kong. The company is developing very fast. Can you gather the specific information of this company for me to see?"

"Magna?" David was a little confused when he saw the company's name, but he still agreed: "Okay, I'll arrange for someone to do it right away, but it may take two or three days."

PS: Please give me a monthly ticket
(End of this chapter)

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