Chen Zhiwen arranged for several people to follow Caikens and check various data on Hong Kong's clothing industry. A week later, he made an appointment with Chen Zhiwen for lunch again and left Hong Kong.
"Are you planning to enter the clothing industry?" Chen Tianfu asked curiously after hearing his son's description.
"I don't prepare, I just support, including in my previous cooperation with Zeng Zixing. Berkshire Hathaway's scale does not require any help from me. Their financial resources are much stronger than mine, and I just I want to have a high-level textile company in Hong Kong, which may be of great help to my future." Chen Zhiwen explained while eating a McDonald's burger.
In 1974, the first McDonald's opened in Hong Kong. Although in Chen Zhiwen's opinion, this kind of European and American fast food restaurant was very low-end, after all, it was a large American company that came to Hong Kong to open its business. It still attracted a lot of people. Chen Tianfu was one of them. Come over with your son to try it out. Considering that it tastes good once in a while, Chen Zhiwen followed.
"Being large in the United States does not mean doing well in Hong Kong. Is Mobil Oil big enough? In Hong Kong, it has to cooperate with China Electric Power, and it only holds a small share." Chen Tianfu said with a smile after chewing a chicken leg.
"It's okay to think so." Chen Zhiwen smiled helplessly. In a small place like Hong Kong, it is true that European and American giants may not be able to enjoy it, but power plants may be something Mobil doesn't like. Although it is in a joint venture with China Power It only holds 30% of the shares in the power generation project, but the joint venture company needs to purchase fuel power generation from Mobil. Overall, Mobil has made money. This may also be how Mobil makes money.
"So I think it is possible for them to find local giants in Hong Kong to cooperate, but I'm worried that they won't find you. You are in Hong Kong now and you don't have much influence." Chen Tianfu went on to say that international giants come to Hong Kong to find partners. , basically looking for local giants, so that they can join forces.
Chen Zhiwen smiled and said: "Who among Hong Kong's local giants likes the textile industry?"
This is absolutely true. Although there are many garment industry companies in Hong Kong with as many as 200,000 employees, they are basically small companies and small workshops. The largest textile company, Nan Fung Textile Factory, has its boss as early as a few years ago. I started to enter the real estate industry a few years ago, just as the real estate industry skyrocketed, I made much more money than the textile industry. If it hadn't been for the real estate crisis in the past year, I might have given up spinning and invested in real estate.
"That's true, you are the only one who is still struggling with the industry." Chen Tianfu nodded and said.
“It’s no wonder, real estate is so profitable. However, the Hong Kong market is only as big as land. If you want to develop bigger, you have to go abroad. But the real estate industry has strong regional characteristics. In other countries, If the local area cannot develop, the industry is different and can easily go global." Chen Zhiwen said with a smile.
The four major families in Hong Kong in later generations, except for the Li Jiacheng family, most of their assets are in Hong Kong. It can be said that they have prospered with Hong Kong. A few came to the mainland to invest in real estate, but their scale is far less than that of the mainland, which has slowly developed since the 1990s. Players, even the Mainland, which has a similar culture to Hong Kong and whose real estate operations are copied from Hong Kong, cannot let Hong Kong real estate developers find a second paradise, let alone other countries. Only Li Jiacheng invests the funds earned in the real estate industry. Ports, energy, telecommunications and other fields have been successfully transformed.
"It's just land at most?" Chen Tianfu was stunned for a moment and said, "How high-minded do you really think you are?"
"It's not that high. In a few years, I will acquire the Kang Le Building and give it to you as a 50th birthday gift." Chen Zhiwen laughed.
"It would be great if you could buy that Golden Gate building." Chen Tianfu rolled his eyes and said.
"That's no problem." Chen Zhiwen said calmly. In later generations, this Kinmen Building was played around by Chen Songqing, Hong Kong's number one con man. It would not be difficult for him to acquire it. It was just a matter of whether it was cost-effective.
"Let's get down to business, HSBC is going to hold a charity gala in two days to raise funds for education in Hong Kong to build schools. How much will we contribute?" Chen Tianfu asked.
"Several hundred thousand means, no more, no less. Shen Bi's main purpose is not to build a school for educational funds, but to announce that his time is coming." Chen Zhiwen said with a smile.
As early as 1971, Shen Bi served as the general manager of HSBC and became one of the candidates for the future Taipan. After several years of hard work, the current Taipan Sanders and the board of directors finally decided to make Shen Bi the next generation successor. Such a big event Naturally, it attracted the attention of the Hong Kong business community, so they celebrated Shen Bi in the name of a charity gala.
"We have been cooperating with RB and banks in Southeast Asia during this period. Will Shen Bi have any objections?" Chen Tianfu asked a little worriedly. Although the company is free to ask any bank for loans, in the past two years, whether it has been Heng Xinghe, where Yi was still his son, relied on HSBC to achieve scale in its early stages of development. However, when RB Bank dared to provide higher leverage, its own side immediately ran away, which seemed a bit unkind.
"It's okay, our risk requirements are too high, and Shen Bi probably won't agree casually." Chen Zhiwen said: "Besides, even if you cooperate with HSBC, you should be tough. If you are too timid, others will look down on you. Show the kind of confidence that if you don’t cooperate with me, you will lose.”
"You are probably the first person who dares to talk to HSBC like this." Chen Tianfu said with a smile.
"Of course you can't say that, just express what you mean." Chen Zhiwen said calmly. His demand for HSBC has actually been in the past few years. When the electronic age begins, there will be no problem with his funds. If it weren't for Hong Kong Many local opportunities gathered in the 1970s, and he did not need to cooperate too much with HSBC. Besides, he knows the future. Some investments that outsiders, including HSBC, think are very risky, are actually guaranteed to make money without losing money. HSBC is unwilling to take risks. If other banks are willing to take risks, he will naturally switch to another bank without hesitation.
"However, the funds that RB and Southeast Asian banks can provide are still too little. If you want to really develop in Hong Kong, you still have to rely on HSBC." Chen Tianfu said that during this period, his father and his son took a lot of loans from foreign banks, but After all, these are just branches in Hong Kong, with a limited scale. In addition, the father and son are unwilling to take foreign currency loans, so the subsequent cooperation is almost over.
"I don't expect these foreign banks to provide much funds. Two hundred million is good." Chen Zhiwen smiled and said, "So, for this party, we have to deal with Shen Bi properly."
