Rebirth 1984: Starting from the development of Hanka

Chapter 280 Crazy bargain hunting! ! !

At this time, no matter what Soros and others decide, they will not be able to influence the plans of the Wujiang Group.

Wujiang Group is now hunting for low prices and no longer cares whether the financial crisis will continue to happen.

During the Asian financial crisis in 1997, Xie Guomin's CP Group encountered an unprecedented crisis.

Different from the previous life, this time the Asian financial crisis has a greater impact on CP Group.

Zhao Ye is very clear about the development potential of Zhengda Group, and the temporary difficulties are nothing.

In its previous life, since 1994, CP Group has ranked first among Thai companies six times and second three times among the "Top 200 Asian Companies" selected by the world-famous financial magazine Far Eastern Economic Review.

Very cool!
Moreover, CP Group was the first foreign investor to invest in Shenzhen. In 1978, reform and opening up had just begun. At that time, Shenzhen was just a small fishing village, and no foreign businessmen dared to invest there. The investment of CP Group broke the deadlock of no foreign investment in Shenzhen, and it also obtained the "001" foreign business license certificate.

For high-quality stocks like CP Group, you must buy more.

Moreover, the main business of Zhengda Group is agriculture and animal husbandry, so it can conduct in-depth cooperation with Wujiang Agriculture Group.

Wujiang Group will acquire a large number of farms, pastures, and plantations in Thailand this time. If CP Group helps and cooperates in Thailand, it will definitely be smoother!
In addition, Zhao Ye admired Xie Guomin's character very much. All the fourth-generation descendants of the family became Chinese nationals and invested 1200 billion in China in half a century, which greatly promoted the development of the domestic market economy.Zhao Ye is also willing to help Zhengda Group once.

At the same time, the investment team sent by Zhao Ye has gone to Thailand and is negotiating with the CP Group about investing in the company.Right now, CP Group is facing a big crisis and is in urgent need of funds to tide over the difficulties.

The Thai stock market plummeted, and the market value of Charoen Pokphand Group naturally dropped significantly.

Lu Maoshi, the person in charge of Wujiang Capital, said to Xie Guomin: "Mr. Xie, under the Asian financial crisis, many banks went bankrupt and closed, and no bank dared to lend money to CP Group. CP Group wants to survive In a crisis, there is a high probability that you will sell your assets and survive with a broken arm.”

Xie Guomin nodded noncommittally.

Without the emergence of [Boundless Capital], he might be thinking of ways to sell the property and withdraw funds.

Lu Maoshi smiled and said: "I came with good intentions this time. CP Group is a company with great development potential. We [Wujiang Capital] are very optimistic about the future development of CP Group, so we are willing to invest in CP Group! "

Xie Guomin is also familiar with [Wujiang Capital] and knows that it is an extremely large asset management company under the Wujiang Group.

"Mr. Lu, I don't know how much money [Boundless Capital] plans to invest in CP Group, and how much share do you want?" Xie Guomin asked. He was in urgent need of funds now, and the arrival of [Boundless Capital] brought him hope.

Lu Maoshi: "Invest 15 billion US dollars, accounting for 30% of the shares!"

In business, "asking for high prices and paying back on the spot" does not mean taking advantage of the CP Group.

Xie Guomin has room for bargaining.

Nowadays, there are very few companies that can spend so much money in one go.

Xie Guomin frowned slightly when he heard this. If he accepts this condition, [Wujiang Capital] will become the largest shareholder of CP Group, and his family will become the second largest shareholder of CP Group.

Xie Guomin would rather cut off his tail and survive than have the Zhengda Group robbed.

"Mr. Lu, I am sorry that I cannot agree to your request. Our Chia Tai Group can transfer up to 15% of its shares to [Boundless Capital]!!!"

"15% is a bit low, let's say 20%. [Boundless Capital] is only optimistic about the potential of CP Group, and is not trying to compete with Mr. Xie for the control of CP Group. If you can accept this request, [Boundless Capital] is willing to give CP Group The group invested US$12.5 billion!”

When Xie Guomin heard this, he couldn't help but hesitate. After a while, he said: "Mr. Lu, please let me think about it carefully."

Lu Maoshi smiled and said: "No problem, you can think about it slowly."

"Thank you, Mr. Lu. I will contact you as soon as I think about it."

"Okay, then I'll take my leave first."

Lu Maoshi smiled and shook hands with Xie Guomin to say goodbye.

When they come to Thailand this time, Lu Maoshi and others have a heavy task.

Investing in CP Group is just one of the tasks.

……

Not to mention how the Xie Guomin family negotiated, after Lu Maoshi and his party left the Zhengda Group, they headed non-stop to the next target - Bangkok Bank.

Bangkok Bank suffered heavy losses in this financial crisis and was almost on the verge of bankruptcy.Speaking of which, Wujiang Group was also an accomplice. It was precisely because Wujiang Group borrowed a lot of Thai baht from Bangkok Bank that it caused Bangkok Bank to suffer huge losses.

Bangkok Bank was established on December 1944, 12, with its head office in Bangkok. It is the largest bank in Thailand, with more than 1 branches and a large number of ATMs in Thailand.

Chen Zhishen, the president of Bangkok Bank, looked at Lu Maoshi sitting opposite with a complicated expression.

If it weren't for Wujiang Group, Bangkok Bank would not have suffered such serious losses, leading to a run on the bank and almost bankruptcy.

Lu Maoshi: "Mr. Chen, the Asian financial crisis happened so suddenly that no one could have imagined it. I am here this time to invest in Bangkok Bank on behalf of [Borderless Capital]. I believe that once [Borderless Capital] takes over the stock market, Valley Bank will definitely greatly enhance the confidence of bank depositors, and the bank run crisis will soon disappear!"

Chen Zhishen nodded, indicating his approval.

"How much money does [Boundless Capital] plan to invest? How much share will it hold?"

"10 billion US dollars, accounting for 20% of the shares!" Lu Maoshi replied.The total assets under management of Bangkok Bank are actually not much, and the market value is not high. In addition, due to the impact of the Asian financial crisis, Bangkok Bank is in a difficult situation. [Boundless Capital] can provide this condition, which is actually relatively good.

Right now, it is not [Borderless Capital] that needs Bangkok Bank, but Bangkok Bank needs [Borderless Capital].

As long as Bangkok Bank can borrow the momentum of "Boundless", it will be able to ride on the wind in Thailand immediately, and perhaps create a more brilliant tomorrow!

That night, Bangkok Bank held a shareholders' meeting. It was urgent to resolve the bank run crisis. In addition, the conditions offered by [Borderless Capital] were not bad, so the major shareholders quickly agreed to [Boundless Capital]'s conditions.

It doesn’t matter if you don’t agree. Thai people already know from the Internet that [Boundless Capital] is in contact with Bangkok Bank. If the negotiations break down, it may lead to a more serious bank run.

Two days later, [Wujiang Capital] officially signed an investment agreement with Bangkok Bank.

As soon as the news was announced, the run on Bangkok Bank immediately disappeared, and the stock price soared.

Countless Thai stock investors danced excitedly: "Thank God, Wujiang Group has come to rescue the market. We in Thailand are finally saved!"

The entire Thai media and people seem to have far more confidence in Wujiang Group than the Thai government. After all, Wujiang Group is a business empire that can defeat Soros!

Upon seeing this, Xie Guomin of the Chia Tai Group also agreed to [Wujiang Capital]'s conditions and allowed [Wujiang Capital] to take a stake in the Chia Tai Group.This is also huge good news for CP Group...

Lu Maoshi and others flourished everywhere, and then successively invested in Thai National Petroleum, Siam White Cement, Kasikornbank, Yiwang Information (Thailand's largest mobile phone operator), Thai Airways International, and Bangkok Dusit Medical Services Group. …

At the same time, [Boundless Capital] also acquired a large number of farms and pastures in Thailand, accounting for 14.5% of Thailand’s agricultural and pastoral land.

It can be said that Zhao Ye has become the king of planting in Thailand.

Thailand's economy began to recover rapidly at this time.Countries such as the Philippines, Malaysia, and Indonesia are still suffering at this time, and people's lives are in dire straits, and they have called on Wujiang Group to come to the rescue.

At this time, various countries have proposed very generous conditions to Wujiang Group, hoping that Wujiang Group can save the market.

Wujiang Group already has some experience in bargain hunting in Thailand.

Anyway, what Wujiang Group needs to do next is actually very simple, which is to copy the work done in Thailand in other Southeast Asian countries.

As the Wujiang Group announced a bailout for the Philippines, Malaysia, Indonesia and other countries.

As soon as the news came out, before Wujiang Group could spend even a dime, the stock prices in Southeast Asian countries had skyrocketed wildly. International speculators were dumbfounded. They couldn't suppress the stock market no matter how hard they suppressed it.

Soros and others were speechless, and at the same time they couldn't help but feel a deep chill.

The prestige of Wujiang Group is so high, but just announcing a piece of news has had such a huge impact. It's really scary!

Soros and others quickly gave in.

We can only turn our guns and attack those countries that have not been rescued by the Wujiang Group, such as Japan and South Korea...

[Borderless Capital] is currently “sweeping goods” in various countries in Southeast Asia.

Yes, buying a company or investing in a company is just like shopping at a flea market.

Of course, the acquisition or investment targets are mainly banks, telecommunications, energy, and agriculture and ranching.

Furthermore, Zhao Ye intended to build a large hotel group, so he specially asked Lu Maoshi and others to acquire the Shangri-La Hotel Group owned by Malaysian overseas Chinese Robert Kuok.

Qiao Guohe is known as the "Asian Sugar King" and has strong strength. However, he also suffered heavy losses in the financial crisis and the company is facing a huge crisis.

Selling Shangri-La Hotel Group can, on the one hand, raise funds to help the company tide over difficulties, and on the other hand, it can also make good friends with Wujiang Group and strive for some cooperation.

In fact, [Boundless Capital] has already bought a large number of stocks at low prices in the stock market.At the same time, he also contacted other shareholders of Shangri-La Hotel Group and bought shares from them.

Qiao Guo He doesn't know how many shares [Boundless Capital] holds in its hands, maybe more than himself.

[Borderless Capital] has a lot of money, and overseas Chinese Guo He doesn't dare to gamble at all.

Instead of competing with [Boundless Capital] for control of the Shangri-La Hotel Group, it is better to take the opportunity to sell the shares at a good price.

[Boundless Capital] In addition to acquiring the Shangri-La Hotel Group, it also acquired the Mandarin Oriental Hotel in Hong Kong.

The Mandarin Oriental Hotel is a five-star hotel as famous as the Peninsula Hotel in Hong Kong. It originally belonged to the Jardine Matheson Group, but it was acquired by [Boundless Capital].

For Hong Kong people, Jardine Matheson is very impressive, but for Wujiang Group, it is just that.

Zhao Ye established the Oriental Hotel Group and merged the Mandarin Oriental Hotel and Shangri-La Hotel into the other hotel group.

In the future, the global economy will develop rapidly, the tourism industry will flourish, and the hotel industry will flourish. It is of course the best for Wujiang Group to deploy hotels as soon as possible.

Moreover, it can just match the expansion of Wanjiang City or Wanjiang Plaza.

If there is a five-star hotel in Wanjiang City or Wanjiang Plaza, the quality will naturally be higher.

Of course, in addition to five-star hotels, Oriental Hotel Group has also merged some three-star or four-star hotels. Not all places are suitable for building five-star hotels. The environment is not good and it damages the brand image.

Soon, time flew by to the end of 1997.

Wujiang Group has spent a total of nearly 1000 billion US dollars on crazy shopping in Southeast Asia, and has occupied a large market share in retail, tourism, communications, electricity, civil water, transportation and other industries.

Zhao Ye also began to try to allow trade between the two sides to be settled in RMB.

Anyway, as long as you spend money in Wujiang Group's supermarkets, hotels, and scenic spots, you can use RMB.

Chinese people like to travel once they have money. Wujiang Group can provide RMB settlement in Southeast Asia, which will definitely attract more Chinese tourists.

This can be regarded as playing a role in promoting the internationalization of people.

As the trade volume between Southeast Asian countries and China increases, coupled with the influence of Wujiang Group in Southeast Asian countries, it will surely be easier to promote the internationalization of the RMB in the future.

Moreover, Southeast Asian countries don't actually have many U.S. dollars. Being able to use RMB for settlement is absolutely beneficial to them.

What is harmed is only the interests of country M.

Of course, Country M will not sit idly by and may coerce and induce Southeast Asian countries.

In view of the current strong military power of M country.

Countries in Southeast Asia may not even dare to fart.

China currently focuses on economic development. Only when the economy is strong can it have enough financial resources to develop military power.In recent years, China's science and technology has developed rapidly, China's military industry has made huge profits, and its military strength has increased rapidly. It is also a terrifying existence in the 21st century.

……

1998, the beginning of the new year.

The economies of Southeast Asian countries are gradually recovering, and Japan and South Korea are beginning to suffer at this time.

Soros and others have nowhere to vent their anger, so they can only bite Japan and South Korea wildly.

The stock markets of Japan and South Korea plummeted wildly, and their economies suffered a severe decline.

Banks and factories went bankrupt.

Tens of thousands of people were laid off and unemployed.

Japan, in particular, experienced a huge economic crisis just a few years ago, which led to a sharp economic recession in Japan. Many Japanese people have lingering fears when they see the stock market crash.

South Korea's economic strength is worse than Japan's. When the financial crisis comes, it is simply difficult to resist.

Samsung, Hyundai, Daewoo, LG, Lotte, Pohang Steel... these fat sheep are so eye-catching~
The Korean market is relatively conservative and exclusive, with serious consortium monopoly.

In its previous life, the United States also took advantage of the Asian financial crisis to extend its tentacles into the Korean market, thus controlling many Korean conglomerates.

Zhao Ye couldn't help but extend his tentacles to South Korea...

(End of this chapter)