For people like Chen Tianfu who came to Hong Kong from the mainland, they have very deep feelings for the people in the country, and most of them are still willing to help the country.
At this time, Chen Zhiwen is also paying more attention to the domestic situation. He learned from some foreign media and Xinhua News Agency that the rescue there was very fast. A large number of People's Liberation Army and tens of thousands of medical personnel gathered from all over the country and raced against time.
Fortunately, it is still summer and the weather has not become another killer. As long as rescue is in place, many people can wait for a while.
Chen Zhiwen felt relieved. All that was left was long-term financial assistance. This would take many years. In the future, there would be other ways to help. Not to mention other things, just light industrial orders from Wal-Mart and Costco. Easily boost a city's economy.
August is coming soon, and the entire Midea Industrial City has been completed.
From a bird's-eye view, there are a total of 17 industrial buildings here. The shortest one has 6 floors and the highest one has 12 floors. Each building is very large, with some as small as four to five thousand square meters. When you walk inside, you can see various different models. Elevators fill the entire space.
Even if the Hong Kong government is a little more "generous" and allocates an industrial zone to Midea Group, land in Hong Kong is still too precious to really use only the ground floor. Besides, in a large-area assembly plant, elevators may be more efficient. higher.
But even so, only half of the industrial city has been built, and the other half is still vacant land. These 17 industrial buildings can meet Midea's needs now and even in the next two or three years. If they are still needed in a few years, new ones will be built. building.
After all, the re-opening is only the beginning of domestic investment in attracting foreign capital. In addition, the mainland's industrial base is too low. For a long time, Midea's main production base will continue to be in Hong Kong, and then slowly move there. By the time Hong Kong's housing prices are so high that companies can't bear it, the domestic industry chain will be much better.
After a perfect and seamless connection, leaving such a large industrial land in Hong Kong can still make a fortune when housing prices peaked in the 1990s.
For example, Hong Kong's steel king Pang Ting-yuan, whose family business was located in Tiu Keng Leng, was asked by the government to demolish it in 1995, so they moved away. The remaining industrial land was sold to the then Henderson Group for HK$5 billion. I discovered that after so many years of hard work, my family was not as valuable as the land under the factory.
The land area of Midea Industrial City is larger than that of a steel factory. In the future, whether it is sold or developed by oneself, it will be a huge profit, and this money can also be used for industrial investment.
After all, the low prices in Hong Kong will rise sharply with or without Chen Zhiwen. Instead of cheapening those real estate developers who only know how to build houses, it is better to cheapen them, so that at least in the future when there is a price war in a certain field, you will have more of ammunition.
In overseas markets, Red Bull still implements the strategy of not making profits but stabilizing the market. Now it has become the number one in the energy drink market with a trend of destruction. However, this market is still too small compared with traditional drinks. Only those whose bodies are Only people who are tired from work or exercise will buy it.
But as long as this market is stabilized, it can slowly expand outward and spread its customer base to ordinary people.
However, I heard that some large beverage companies are also preparing to launch similar drinks, which can be regarded as a bit of a crisis.
In terms of Very Coke, Costco still dominates, while Wal-Mart purchases small quantities. After all, in terms of sales, Very Coke is still not enough compared to Coca-Cola or Pepsi. Even if the price is cheap, ordinary people are still used to buying large amounts. Brand, besides, Coca-Cola itself is also low-priced, not much more expensive than "other brands" like Very Coke.
In Hong Kong and Southeast Asian countries or regions, Red Bull and Very Coca-Cola have also begun to slowly penetrate into the market, but the results are also very average. One is too expensive and the other is not famous. It can only be said that these markets still need to be cultivated slowly in "years".
The traditional industry develops so slowly. Red Bull can achieve today's scale in a few years. In fact, it is because Chen Zhiwen used the golden finger of the prophet in many aspects and poured in a large amount of capital in the early stage. Otherwise, a company that develops normally can It is already a miracle that it has developed like this within ten years. For example, Red Bull in the original history may not have really become popular in Europe and the United States until the early 1990s.
However, non-traditional industries are developing very quickly, especially Midea's arcade machines. The market potential of Snake in the United States has basically been fully developed. In one year, a total of 76,000 units were sold. According to the established profit Come to think of it, this one alone earned a net profit of close to 100 million US dollars.
Magic Cube has also begun to enter a stage of rapid growth in the United States. After making a fortune through Snake, a large number of bars are more interested in this new game, and Magic Cube is even more playable than Snake. .
In addition to the European market, Japanese market, and a small number of markets in Asia and South America, Midea's factories in Hong Kong have entered an extremely busy stage. At the same time, the cash in the accounts of several tax avoidance companies registered in Bermuda has exceeded 100 million. Dollar.
With such a large sum of money, in this golden period of development, naturally it cannot be left in the bank to earn interest.
Hutchison Building:
Chen Zhiwen was playing with a computer on the table when Zhou Jiayang knocked on the door and walked in.
"Come, come, come, take a look, this is a personal computer called Apple that I invested in the United States." Chen Zhiwen saw Zhou Jiayang and said with a smile: "There will be a few more to be sent over in a while. I'll give you one for each of you."
"Personal computer? Are there computers for personal use?" Zhou Jiayang asked curiously. Although he was in Hong Kong, he was a top-notch worker after all. He still knew things like computers very well.
"Yes, Apple's main intention is to develop computers that can be used by individuals. I just liked their idea, so I invested US$500,000 when they didn't have a product." Chen Zhiwen smiled. said with a smile.
It was his policy not to interfere with the normal development of Apple. Therefore, after investing in Apple at the end of last year, he gave them a sum of money in accordance with the contract and let them develop on their own.
Finally, in June of this year, Woz called him to tell him that Apple's second-generation personal computer research was successful, and he went to an exhibition and received orders for hundreds of units.
Chen Zhiwen naturally wanted one, but because it was a new gadget, the airline actually refused to allow it to be transported by air, so it had to be shipped by sea. Fortunately, Chen Zhiwen was not in a hurry. After this personal computer floated in the sea for more than a month Finally arrived in Hong Kong.
"It sounds very ambitious." Zhou Yang said with a smile. If it could really sell everyone a screwdriver, it would definitely become a world-class enterprise.
"I'll see you later." Chen Zhiwen smiled and asked, "What do you want from me?"
"Chen Sheng, we already hold 20% of the shares of Wharf." Although there was no one around, Zhou Jiayang still said in a low voice.
"Oh, is it more than Yihe?" Chen Zhiwen asked.
"It should be more than that. After we acquired Hutchison, it is said that many British investors in Hong Kong have increased their investment in their own companies. However, Jardine Matheson has suffered too many losses overseas in the past two years. It is estimated that there is not much cash. Even if you want to Wharf may not necessarily have the ability to increase its shares." Zhou Jiayang said with a smile: "Moreover, the Harbor City project is seriously short of funds. Wharf is said to have to raise funds in the stock market. Even if Jardine Matheson increased its shares before, it will have to raise funds now. Out."
"The success of Harbor City is really the defeat of Harbor City." Chen Zhiwen shook his head and said.
The Harbor City project is indeed of high quality. It is absolutely right to develop and hold this kind of project yourself, but forcibly developing it when it exceeds your own capabilities will only cause your own capital chain to collapse and you will have to raise a large amount of financing. As a result, the company's controlling stake will be lost, which will make the acquiring party cheaper, just like Emperor Yang of Sui Dynasty.
Chen Zhiwen has never made a big move against Wharf. In addition to not wanting to have a head-on confrontation with Jardine Land too early, his other purpose is to ask Jardine to build Harbor City. When Harbor City is almost completed, Wharf's debts will cause the stock price to plummet. That’s the best time to start. Otherwise, if you make a premature acquisition, you will have to invest hundreds of millions or even billions in Harbor City. This is unacceptable to the prophets in the 1970s who believed that every fund had an important purpose.
"When will Wharf increase its shares next?" Chen Zhiwen asked again.
"It should be in October." Zhou Jiayang said.
"Okay, let's use this share increase to acquire a few more points." Chen Zhiwen nodded and said, when he first acquired Hutchison's stock, no matter how bad Hutchison's stock was, when Chen Zhiwen's party acquired 20%, a large number of transactions had already been completed. I can no longer hide it.
This is the case under normal circumstances. Even for this kind of ancient company that has been listed for a hundred years and has a large number of dispersed shares, no matter how much the stock price is suppressed during the acquisition period, outsiders can still see abnormalities through the stock trading volume in the recent period. After all, 20% There are already too many. Unless the transfer is done directly from the major shareholders without going through the secondary market, it will be difficult not to be discovered by the market.
But Wharf's stocks are an exception, because in recent years, in order to raise funds to develop Harbor City, Wharf has raised funds through a large-scale share increase. Its share capital has increased several times, and a large number of new stocks have been released to the stock market. No matter who acquires it, it will not If it causes an abnormality, Chen Zhiwen's funds will take advantage of the opportunity to make large-scale and fair acquisitions, which will not cause any alarm.
If it hadn't been for the huge amount of money spent throughout 1975 on acquiring Hutchison, merging Whampoa, and resolving Hutchison's debt problems, Wharf's shares would be estimated to be worth 30 points by now.
"No problem, everything is under my control." Zhou Jiayang said that acquiring Wharf's shares was much easier than Hutchison's.
"There is one more thing that I want to ask you." Chen Zhiwen added: "Midea has made a lot of gains in overseas markets recently. I already have a lot of funds in overseas accounts. I don't want to put them in the bank, so I plan to invest directly in Hong Kong. of some stocks.”
"Which companies?" Zhou Jiayang asked. He also knew Midea's earnings this year. It can indeed make giants like Land and HSBC jealous. Fortunately, it is an unlisted company and does not need to announce profits. Otherwise, the whole of Hong Kong will be in trouble.
"Cheung Kong Holdings, Sun Hung Kai Properties, Henderson Land, Wo Hup Holdings, Hang Lung Group, Great Eagle Holdings, let's start with these companies. They are not acquisitions, they are pure investments. Contact Citibank's Hong Kong branch and use a little leverage to make acquisitions. It is estimated that Our principal of 200 million is enough," Chen Zhiwen said.
"Okay, no problem." Zhou Jiayang nodded and said.
"But I want to buy the next one." Chen Zhiwen continued: "Qingzhou Yingni."
"Qingzhou Yingni? Is Chen Sheng interested in their factory land in Hung Hom?" Zhou Jiayang immediately understood the boss's true intention.
"Yes, 800,000 square feet of land is quite large. We can get it quickly, transfer it to commercial properties at normal prices, and then develop it. We can sell it all within two years. The value is still very high." Chen Zhiwen nodded and said.
Midea's large amount of idle funds must have investment purposes. The investment results of stocks such as Cheung Kong Industrial, Hehe Industrial, and Sun Hung Kai are very good, and the rate of return is also acceptable. However, these companies currently have a market value of several hundred million Hong Kong dollars. , and I have no intention of acquiring it, I just need to acquire a small stake in each company.
This is purely commercial investment. He does not necessarily need the position of director. In addition, in this era, investment should use less of your own money and more turnover from banks. If you want to obtain shares of these Chinese-owned companies, You only need to estimate 100 million Hong Kong dollars, and the rest can be borrowed from the bank.
Nowadays, the Hong Kong real estate market is about to experience a blowout trend. These real estate experts are bound to make a lot of money. Once the stock price rises, they can completely re-mortgage and acquire other stocks, forming an investment model with compound profits. Even the 100 million invested early Hong Kong dollars can also be cashed out, which is completely a waste of money.
Midea's remaining overseas funds also need somewhere to go. In the short term, Hong Kong's real estate market is naturally the best choice.
Jinzhou Yingni is a British-funded company with a history of more than 100 years. Its main business is cement. In the Hong Kong real estate market, almost half of the cement comes from this company. Even in the early days when Wanwan was just developing, it also came from Jinzhou. Yingni imports cement in large quantities.
In the early days of Hong Kong, the location of factories was not bad. The factory of Yingzhou Yingni was located near the sea in Hung Hom, with an area of about 800,000 square feet, which was almost 40% of the area of the former Whampoa Port. However, the location was relatively small. It's a bit worse, but it is still a rare large-scale high-quality land in Hong Kong. In the Hong Kong government land auctions in recent years, no land on both sides of the harbor has such a large area.
In the original history, Qingzhou Yingni was also acquired by Li Jiacheng, and then privatized by Li Jiacheng in the late 1980s. He then used this land alone to develop two medium-sized communities, making billions of Hong Kong dollars in profits.
"The market value of Qingzhou Yingni is not very high, less than 100 million Hong Kong dollars, and their family does not hold much equity. As long as we are ready, the acquisition will not be difficult." Zhou Jiayang thought for a while and said.
Nowadays, Hutchison Whampoa, or Midea, is already very strong at the capital level. If you really want to acquire a listed company, unless the major shareholder of this company controls more than 30% of the equity, otherwise, as long as you are prepared, you can It is easy to succeed, the difference is a matter of investing more or less.
"Indeed, in comparison, the acquisition does not cost much, and the conversion from industrial to commercial is the big part." Chen Zhiwen nodded and said, now Hong Kong's housing prices have increased significantly, and the same land is converted from industrial to commercial, the cost will naturally increase, and it may still be higher than It’s not as big as the land in Huangpu Garden, but the total amount will be quite a lot.
"Then I need to prepare as soon as possible. Should we handle this alone, or should we invite Duoli to handle it?" Zhou Jiayang asked.
"The invitation will make a lot of money. It doesn't matter if HSBC knows about it. Qingzhou Yingni is just a medium-sized company. Shen Bi won't care about it." Chen Zhiwen said.
As a giant in Hong Kong's financial industry, HSBC, in addition to exchanging foreign exchange, absorbing storage, and issuing loans, its other core business is to make money through investment. This is the value of profit. It specializes in helping various companies acquire and sell businesses, and even their own companies. .
As one of HSBC's core businesses, Fortune has attracted a group of Hong Kong's best financial elites over the years. At the same time, backed by the big tree of HSBC, they also have no shortage of resources.
In the history of Hong Kong, many classic acquisitions are behind the credit of Duoli. For example, Land Drinking Milk 5 years ago, Land was invited to do Duoli?
Before Chen Zhiwen acquired Hutchison Whampoa, if it were not for fear that HSBC would not agree, Chen Zhiwen would definitely have invited Duoli. Although a large handling fee will be charged, the ability to make multiple profits and the resources of HSBC can ensure the completion of the acquisition with a greater probability, and even the total cost will be less, not to mention that time is also a cost.
"Okay, then let me communicate with Huoduoli. Does Chen Sheng have any special requirements for the acquisition?" Zhou Jiayang then asked.
Chen Zhiwen shook his head and said: "There are no requirements, the sooner the better. Once we get it, we will develop it quickly. Like Huangpu Garden, we must complete the development before the end of 1978, or complete all pre-sales."
"Okay, I understand." Zhou Jiayang nodded and said.
Two days later:
In a coffee shop on Hong Kong Island, Zhou Jiayang made an appointment with a bald man about 50 years old. This man was Qi Weibin, the profitable vice president of HSBC Bank.
"Qisheng, do you think there are any problems with this acquisition?" Zhou Jiayang said with a faint smile. Although Midea's funds were used for this acquisition, Midea, as a company specializing in electronic technology, will not participate in financial or real estate investments. Therefore, for this acquisition, Chen Zhiwen mobilized funds from Midea's overseas accounts and then handed over the funds. Invested in Hutchison Real Estate.
In order to privatize Hutchison Whampoa, Chen Zhiwen chose to delist Hutchison first, then acquire the shares of many shareholders, and then inject a large amount of capital to dilute the shares of those shareholders who were unwilling to sell.
After nearly a year, Chen Zhiwen’s equity in Hutchison Whampoa has exceeded 99%, and the rest is irrelevant. Therefore, the acquisition of Hutchison Yingni this time was done in the name of Hutchison Whampoa, because Hutchison Whampoa Ni's cement business has been of great help to Hutchison Whampoa. Moreover, this injection of funds has diluted the shares of the small shareholders.
"Chow Sang is joking. With Hutchison's current scale, it is not easy to acquire such a company." Qi Weibin said.
In the past six months, land prices in Hong Kong have increased by 20%. Hutchison Whampoa's once-precarious debt problem has been alleviated due to the large number of real estate held in its hands. The debt ratio has increased due to the increase in the value of parents. In addition, Hutchison Whampoa has lost weight on a large scale, and its own The funds are already sufficient.
Although Hutchison Whampoa still owes about 2 billion Hong Kong dollars in foreign debt, the value of its own assets has increased significantly, it has cash in hand, and it also has a certain net profit every year. This has completely got rid of the debt problem. Even HSBC has nothing to do now. Blackmail Hutchison again.
"Okay, what our boss means is that it is best to complete the acquisition within 2 months. This cannot be achieved by just relying on the stock market acquisition. We can only contact the many shareholders of Qingzhou Yingni one by one to make the acquisition." Only the stocks in their hands are possible, which is also the strong point of making multiple profits. I hope Qisheng will not disappoint me." Zhou Jiayang nodded and said.
The advantage of strong resources is that after communicating with many shareholders, there is a high probability that they will not disclose it. If Hutchison communicates in person, it is estimated that the news will reach the hands of the management of Qingzhou Yingni in three days. This is the difference, Hutchison's Although the scale is not small, people are not afraid of you. HSBC is different. In Hong Kong, who can do business without HSBC? Even if you don’t need it today, what about in the future?
No one will offend HSBC unless they have to. Even foreign giants such as Jardine Matheson and Swire have to give HSBC three cents of face.
"Two months? That's a bit too hasty. Even when Land purchased the milk, it took nearly three months." Qi Weibin said with a slight frown.
Zhou Jiayang said: "The scale of Qingzhou Yingni is still far behind that of Dairy Milk International. As long as we can find those shareholders to make more profits, the price can be discussed."
"Okay, in that case, I will immediately check all the shareholder information of Qingzhou Yingni. I will give Zhou Shengxin a reply at this time tomorrow." Qi Weibin thought for a while and said.
PS: Ask for monthly tickets at the end of the month
(End of chapter)
