"Only 900,000? What kind of port can be built with this?" Chen Zhiwen asked.
"Mr. Chen, the port in Shenzhen City is not going to be like Shekou. If you don't buy large port equipment and the export volume is not large, the infrastructure requirements will not be very high. Moreover, the 900,000 yuan is only a government allocation. We will still be prepared in the future. We borrowed money from the Bank of Japan," Yuan Geng explained.
"So that's what happened. I also have a bank in Hong Kong. In fact, Shenhai City does not necessarily need to borrow money from the Bank of Japan." Chen Zhiwen said casually.
"I'm not sure why Shenhai City chose the Bank of Japan. However, in the past two years, the Bank of Japan has provided loans to many domestic projects. Many railways in the north were built with funds from the Bank of Japan," Yuan Geng said. : "But if I am short of funds in Shekou Industrial Zone, I will definitely choose Hisense Bank first."
"I'm just talking, it's okay." Chen Zhiwen said with a smile. After the reform in China, there was indeed a lot of cooperation with Japan. The largest project was naturally Baosteel in Shanghai, and there were many in other fields. This may not only be purely economic cooperation, but may also include some high-end technology transactions.
However, what no one knows is that the Japanese yen has appreciated significantly after the Plaza Accord, and domestic transactions are all in Japanese yen. This will also lead to heavy losses for many projects in the next few years. But he has no way to interfere in this kind of thing. At most If you have the opportunity, use your own Hisense Bank to grab loans for some small projects. It is impossible for such large projects to succeed.
"Oh, that's good." Yuan Geng smiled and said to the guy who just walked by: "Man, let's have some more roast lamb."
"Okay." The waiter also knew that the two of them had special status and hurriedly ran to do things.
After wandering around Shenhai City, Chen Zhiwen returned to Hong Kong. This time he had no investment purpose, just to take a look, but he did know the news about Yantian Port.
On the second day after returning to Hong Kong, Chen Zhiwen came to Hutchison Building and told Zhou Jiayang about the incident.
"Sheng Chen, I'm sorry, I didn't get the news that Shenhai City is planning to build a port." Zhou Jiayang said apologetically. The boss had long ago regarded the port as one of Hutchison Whampoa's main core industries in the future, which also clearly stated that domestic The port market will be an important investment direction in the future. Therefore, Hutchison Whampoa invested in the port in the Shekou Industrial Zone, but he did not get the news that Shenhai City was planning to build a port.
"This is normal. The total investment project is only 900,000 yuan. It is probably a small investment for the Shenhai Municipal Government. If I hadn't heard about it by chance, I wouldn't have known about it." Chen Zhiwen shook his head and said, the current Midea and Huang, the scale is all in "100 million". Without such an amount of capital investment, it is really difficult to attract their attention.
In fact, Chen Zhiwen also sent some people to the mainland to work in the offices of several of his companies in the mainland. At the same time, he also asked these people to pay attention to some domestic matters, such as economic policy, large-scale project investment, etc., most of which It's no use, Chen Zhiwen just wants to understand it, maybe it will stimulate some of his forgotten memories.
The same is true in Shenhai City, but even if the subordinates know about the investment of only 900,000 yuan, they will not report it. After all, this kind of investment can be found in every city in the country, and there are so many of them.
"Then do we also need to find a way to participate?" Zhou Jiayang asked.
"Of course, but don't go directly to invest. It's too abrupt." Chen Zhiwen thought for a moment and said, "I know that this project mainly relies on Japanese banks for lending for investment. You go discuss it with Huo Jianning and arrange a capable person." The commissioner went to visit the Yantian Port Company and said that Hisense Bank can provide more favorable loans. No matter whether we can get the loan or not, this is still considered as contact first, and we will think of ways to invest later."
"This is a good method. I'll go find Huo Jianning later." Zhou Yang said with a smile.
The current real estate market in Hong Kong is not doing well, which has also made life difficult for banks. In this case, it makes sense for Hisense Bank to go to China to find customers. Otherwise, a giant like Hutchison Whampoa, with total assets of more than 10 billion Hong Kong dollars, would invest in a company worth dozens of dollars. A multi-million project seems a bit too deliberate.
"That's it. In fact, it's not a big deal. How are the talks with the Hong Kong government going? About the land bidding restrictions?" Chen Zhiwen asked again.
The future of Yantian Port is indeed a large port, but now it is a small one, and investment does not cost much. It does not matter if you don’t invest. It will still need to be expanded many times in the future, and there will also be opportunities. The current Shenhai City, although the economy The development is good, but the foundation is poor, and it is not very rich. Unlike the Shanghai Stock Exchange, the Pudong Port project is world-class.
At present, the opportunities of Hong Kong's real estate crisis are much greater. It can even be said that if you hoard more land in Hong Kong, your future income will not be much worse than that of large ports, but your influence will be much worse.
"What the Hong Kong government means is that we have too many demands. They can appropriately lower the restrictions on some land, but not a lot. But what is the specific [appropriate] amount? They haven't made it clear yet. They can only wait. I’ll watch it again after bidding once,” Zhou Jiayang said.
"Well, it's to be expected. The Hong Kong government may make appropriate concessions, but it's impossible to meet our requirements immediately." Chen Zhiwen nodded and said, "Then we'll keep an eye on the follow-up. If there is no development time, If there are restrictions or the time is relatively long, then you don’t have to think about it and just take pictures.”
"Okay, that's no problem." After Zhou Jiayang agreed, he added: "In addition, I have arranged to start acquiring the shares of the real estate five tigers. It is estimated that it will take half a year to reach 15% of the share."
"It doesn't matter, just buy it slowly. There is no need to put any pressure. I am not planning to buy these companies." Chen Zhiwen said with a smile.
The five real estate giants are Cheung Kong Holdings, Wo Hup Holdings, Sun Hung Kai Group, New World Group, and Henderson Land. Except for Wo Hup, which has transferred its assets to the mainland, these five leaders are all Hong Kong's top consortiums in the future. Hu Yingxiang, who was I reminded myself, and with the funding from Hisense Bank, it is estimated that it will continue to develop in Hong Kong.
Buying the stocks of these companies is naturally profitable without any harm, but acquisitions are not necessary. Although these companies are already large in scale and have a lot of high-quality land under their ownership, the real value lies in their founders and the team he has built. There is no use in acquiring them yourself. These people are unlikely to work for others.
This is completely different from Land. Land's assets are the accumulation of hard work and money over the past century. However, the current leader has no ability at all, so he will naturally take his place.
"I understand, but it's better not to let them find out, otherwise it may cause some misunderstanding." Zhou Jiayang said.
"Okay." Chen Zhiwen nodded and said, "Have you acquired any high-quality land in the market? Or property?"
"Not yet, but there are some ordinary ones. It may be because people who can own high-quality land will have other assets, and they will not sell the best real estate unless they have to." Zhou Jiayang analyzed.
"Then let's wait a little longer. I don't believe they will be able to hold on for another year." Chen Zhiwen said with a shrug.
It has only been half a year since the economic crisis last year. Even if many people have debts, they can still survive for a while. Take Land, on the surface, it doesn’t seem to be a big problem at the moment. It can even pay dividends to shareholders. After all, it has its own funds. The reserves are not low, and a large number of buildings provide rent collection, so it will be no problem to last for half a year.
But there are very few that can last for a year. After all, there are financial reports every quarter. Although the financial reports can be modified appropriately, they cannot be falsified. Once the reserved resources are used up, the accounts will be unstoppable. That will inevitably cause banks to shrink credit and cause problems with capital flow. This is the case with Land and Jardine.
"As far as I know, many large conglomerates are extremely indebted, such as Hang Lung Properties, Great Eagle Holdings, Wheelock, and Orient Overseas. If Hong Kong's economy does not improve quickly, they will all encounter problems similar to Hutchison's a few years ago. ." Zhou Jiayang said.
"This is our opportunity, but we don't need to take the initiative. When they can't survive, we can provide assistance, either by taking over the properties they can't continue, or by investing in them, even if they are a well-intentioned white man. Samurai, especially many Chinese-funded consortiums, it is unnecessary for us to forcefully acquire them," said Chen Zhiwen.
In the past few years, Chen Zhiwen has forcibly acquired large-scale consortiums many times, which has made many large companies more alert. Fortunately, the acquisitions are all large British-funded consortiums, which has also made many Chinese-owned companies feel at ease. Chen Zhiwen also plans to maintain this status. , there is no need to eat too much alone. If you can help others when they are at their lowest point, you can make a lot of money by getting projects, and you can benefit in the long term by getting shares. Those who can start a business and develop it into a big company in this era have strong willpower. ability.
"Okay, then we'll wait until they can't stand it anymore," Zhou Jiayang said.
"By the way, there is another thing called B-type official letter in exchange for land certificate. I have been buying this thing a few years ago. Now that the land price has dropped, it should be a lot cheaper. Its attributes are similar to stocks. It makes money. Just acquire it, you don’t need to choose everywhere like buying land." Chen Zhiwen added.
"OK, I'll check the market situation first and report back to you when the information is ready." Zhou Jiayang said.
"Well, another thing, TVB is basically a monopoly in the Hong Kong market now, right?" Chen Zhiwen paused, took a sip of tea, and asked again.
"TVB? It is indeed a monopoly." Zhou Jiayang was suddenly stunned. The boss's question caught him off guard. After all, although TVB is a monopoly giant of Hong Kong TV stations, its profitability is really not as good as a Hutchison Whampoa real estate project. Its attributes are somewhat special. It can advertise its own real estate, banks, various commodities, and supermarkets. Otherwise, for a company with such profitability, he might only read the financial report once a year.
"After monopoly, we need to expand outward, otherwise we will be trapped in Hong Kong forever." Chen Zhiwen said.
"Chen Sheng means satellite TV?" Zhou Jiayang asked. It's not difficult to guess, because it is almost impossible to get a TV license from other countries. Even the American overlord has a hard time doing it. Satellite TV stations can allow people within half the world to receive signals. This is also the way many local TV stations expand. Through satellites, they can add a large number of users.
However, this cost is relatively high. Whether it is cost-effective depends on the TV station's ability. The more capable it is, the more customers it will have, and the advertising fee will naturally increase. Otherwise, it will cause losses to the point of vomiting blood. The current satellite rental fee is still very high. of.
"Yes, we must first find a way to rent a satellite channel in the Asia-Pacific region and broadcast our channel signals. In Asia, there are many Chinese people and many areas influenced by Chinese, which are our primary customers." Chen Zhiwen said.
PS: Please give me a monthly ticket
(End of chapter)
