The Industrial Giant Reborn.

Chapter 461 Reaction of the Parties

Chapter 461 Reaction of the Parties
"That's fine. We currently have too many Hong Kong dollars in hand and can't spend them." Zhou Jiayang nodded and said.

Whether it is Hisense Bank or Hutchison Whampoa, they have previously earned a large amount of Hong Kong dollars by converting US dollars into Hong Kong dollars. These have a tendency to be unable to be spent in a short period of time, and because the Hong Kong dollar has not really stabilized yet, it is not convenient for them to large-scale Exchange and leave.

"Yes, instead of using this money to repay the real estate debt, it is better to privatize it first. Debt? I will ask Midea to provide guarantees and let the creditor banks stabilize first. As long as the real estate industry recovers, then everything will not be a problem." Chen Zhiwen Said with a slight smile.

When he came to Hong Kong, his biggest goal was not to acquire Hutchison Whampoa or Wharf, but Land, because the first two had been successfully acquired by others in history, and Land, it can be said that Chinese capital has been the leader of Chinese capital for many times in a row. It failed, and it owned a large number of high-quality properties, which Hutchison Whampoa or Wharf or even the Swire Group, which owns Cathay Pacific, could not match.

"What about Yihe? Are we really planning to acquire it?" Zhou Jiayang asked again.When they acquired Jardine Matheson shares, their fundamental purpose was actually to acquire Land. The two equity interests were closely related, and starting with Jardine Matheson was also a model for indirectly controlling Land.

But now with the cooperation of Niubijian, the land has been obtained. Although Jardine was unsuccessful in this vote, as long as we work harder in the future, it will basically be successful.

Jardine Matheson is a multinational group, but Zhou Jiayang has also studied it. To be honest, it is not good. The business is complicated and chaotic. It is purely a variety of capital investments and does not bring together all the various resources to promote each other.

"As for Jardine, the main assets are still overseas. I actually didn't care at first, but since I'm almost getting it, I can't let it go. When I get it, I'll sort it out, sell what needs to be sold, and keep what's valuable. "Chen Zhiwen nodded and said: "I need two of their businesses. The first is that they have many farms in Hawaii, Indonesia, and Thailand. These are valuable and must be kept. We won't need to develop them ourselves. Just work with Kuok Henian from Malay.

The second is that Jardine has very complete car sales channels in Southeast Asia, which is what I need. "

When he was in the Mainland, Robert Kuok once told Chen Zhiwen that Jardine Matheson had many agricultural farm investments in Southeast Asia. Later, after Chen Zhiwen returned to Hong Kong, he arranged for people to investigate. It was true. Jardine Group has sugar cane in Indonesia and Hawaii. Farms. There are also durian and other tropical fruit farms in Thailand. They cover a large area. Some of them are self-owned and some of them are long-term leases.

Although it is much inferior to other investments, Chen Zhiwen is still more interested. He does not have many farms in Southeast Asia, and the plants grown on farms in tropical areas are still different from those he bought in the United States and South America.

Of course, he will not run it himself. After buying it, he can just hand it over to Kuok Henian and collect rent according to the market price. If he has the ability in the future, he can run it himself.

Another strength of Jardine is that it represents many global brands of cars. In the past, it was only sold in Hong Kong. Later, Jardine became larger and larger and began to expand to Southeast Asia.

After decades of hard work, even if the funds are not as much as Chen Zhiwen's, the scale is much stronger than what he built in a short time. With these automobile trading companies, his AMC Automobile in the United States will open up a new big market. market, the entire group's industrial chain has formed a high-quality cycle.

"Okay, I will prepare a list of Jardine's various assets soon." Zhou Jiayang said.

"Well, we also need to prepare another copy from Land. I want more detailed information." Chen Zhiwen said again. Although many people knew what large properties Land had before, other smaller ones or those that were not exposed after the acquisition were unknown to outsiders. I don’t know. At the same time, we still need to know more about the specific debt situation. Even if we bought insiders before, we can’t bring out all the internal information of the entire group. The same is true for Newbijian. Chen Zhiwen has not become the controlling shareholder of Land. At this time, he will not take legal risks and show information that should not be brought out to outsiders.

Now that we have acquired Land, we can naturally check internal information directly, and the true financial situation will be very clear.

"Okay, I will arrange this matter." Zhou Jiayang nodded and said. Before Landmark becomes independent, he can still intervene in Landmark's affairs. Although it is a pity that Landmark has not been merged into Hutchison, if the entire Hutchison The scale is too large, so it may not be so easy for him to control it.

……

"Land changed hands. Hong Kong's richest man, Chen Zhiwen, once again defeated British-owned foreign companies to acquire Land and defeated Jardine Matheson!"

At noon that day, the Hong Kong Economic Journal urgently issued a general emergency version of the daily magazine. The first page on the cover was about Chen Zhiwen's acquisition of Land.

In fact, as a newspaper directly controlled by Hutchison Whampoa, the Economic Times had already prepared several newspapers last night and sent people to the shareholders' meeting. When the results came out, they immediately informed their families and then published them on a large scale. At noon, the guarantee came out.

As soon as the news came out, there was another upsurge in Hong Kong. This was not only an unprecedented merger and acquisition in Hong Kong, but also the strongest attack by Chinese capital on British capital. The previous Hutchison, Wharf, Hong Kong Electric and China Light and Power were incomparable. Land's status in the hearts of Hong Kong people is high, and such a company was quietly acquired by Chinese capital.

Some stock market speculators can't help but feel that it is a pity that they actually know that Chen Zhiwen must be determined to win the land. After all, one side has strong funds and dominates the global market, while the other side is depressed by the real estate crisis and is in debt. Tired, as long as Mr. Chen is optimistic about the future of Hong Kong, he will definitely take action. No one who has the ability to acquire such a piece of fat will give up.

Many of them have also prepared funds and are ready to take advantage of the chaos to speculate and make a profit. Many of them even collected Land shares in advance.Unfortunately, the expected large-scale acquisitions with large capital did not happen. Instead, through the shareholders' meeting, Taipan New Bikin took the initiative to introduce Chen Zhiwen's capital, allowing the latter to obtain the controlling stake of Land at an almost unbelievable low cost. right.

"This Chen Zhiwen is really powerful. Several large-scale acquisitions have not given people in the stock market many opportunities to make a fortune." A middle-aged man wearing gold-rimmed glasses sighed in the Hong Kong Stock Exchange. .

"Yes, this is the most powerful thing. A truly successful acquisition can achieve the goal at the minimum cost. Outsiders should not take advantage of the opportunity to make a fortune." People around him said: "Back then, Land acquired Dairy Milk International and Pao Yugang acquired China. The electricity industry was in a commotion, causing a sensation throughout Hong Kong. Both parties were desperately trying to increase their bargaining chips and acquire stocks from idle investors. Although they became famous and might be able to leave a mark in business history, the price paid was too high."

The gold-rimmed glasses nodded and said, "Yes, I think so too. This is the highest realm."

"Then do we still want to sell the stocks in our hands?" people around us asked.

"No, I think Chen Zhiwen's next step may be to privatize Land. Land's stock is not high anyway, so it doesn't matter if he waits." said the man with gold-rimmed glasses.

"Privatizing Land? This requires a huge amount of funds. Plus Land's liabilities? Does Chen Zhiwen have that much money?" People around him said in surprise.

"There are some things that you can't touch." The man with gold-rimmed glasses shook his head and said: "Not to mention the success of Chen Zhiwen's overseas business, the profits earned by Hisense Bank during the last Hong Kong dollar exchange rate crisis were so high that ordinary people can hardly imagine it!
Now his eyes are turning to British capital. If HSBC was not protected by the Hong Kong government, I guess he would even want to acquire HSBC. "

HSBC is the quasi-central bank of Hong Kong. Therefore, the Hong Kong government limits each shareholder to holding a maximum of 1% of the stock. It is true that multiple accounts can purchase more, but these stocks cannot be combined at a legal level, and they have no voting rights. Therefore, it is impossible for any consortium to acquire HSBC, which is also a large group of HSBC. There is no need to consider the risk of losing any management rights, because this is impossible.

"In that case, we don't have to buy more Land shares." People around him said with a smile.

The man with gold-rimmed glasses nodded and said: "Immediately mobilize funds to acquire Land shares. It doesn't matter if the price rises. If Chen Zhiwen wants to privatize, it will definitely not be lower than the lowest price six months ago. This is the bottom line of the law."

"Okay, I'll do it right away." The person next to him nodded and agreed.

Cheung Kong Industrial Headquarters:

"Chen Zhiwen is really good at it. Through Niubijian, he acquired the land at almost no extra cost. I have to say it is really amazing." Li Jiacheng had already got the news before he saw the newspaper. , but it is still not [-]% certain. Although the probability of this kind of thing being fake is not high, it is still possible. After Chen Zhiwen's Hong Kong Economic Journal reported the content, and the same news came from various channels, Li Jiacheng sighed with emotion. said.

"This is normal. Hisense Bank has made so much money during the Hong Kong dollar exchange rate crisis. Chen Zhiwen is fully capable of acquiring Land. Even if Land's debt is huge, he can suppress it. The creditor banks are probably eager for Chen Zhiwen to take over Land. ." Zhuang Yueming said while peeling the grapes.

"Actually, the biggest mistake that Yihe made was that such serious internal strife broke out when foreign enemies were eyeing him. The Keswick family wanted to force Newbijian to leave, but in the end they forced Newbijian to Chen Zhiwen's side." Li Jiacheng He said with a smile: "Of course, Chen Zhiwen is also making dangerous moves. His investment in the Bank of Thailand is enough to show that he is prepared to let Land Land die first and then find a way to acquire it. This move can indeed break Yizhi Mutual." Control, but for Chen Zhiwen, the price is also very high, and the mess he has to clean up later is also very troublesome."

"This time Land was acquired, and the only British capital in Hong Kong is HSBC, Swire and Wheelock. I can't believe that it has become like this in less than ten years." Zhuang Yueming also said with emotion. , ten years ago in early 1973, it was also the peak period of the stock market. At that time, the real estate five tigers were just a joking name for Chinese capital. They were called the five tigers. In fact, the five tigers together were not as big as any large foreign company. Ten years later, the Five Tigers have become giants, and Chen Zhiwen, who no one knew about 5 years ago, has become the head of the largest financial group in Hong Kong. Even HSBC, the quasi-central bank, will probably be under pressure.

"Times have changed." Li Jiacheng nodded and said, "However, Chen Zhiwen's acquisition of Land is a very good signal. I estimate that the real estate market may be nearing its bottom, and now is the time for us to buy the bottom."

"I support you, as long as you think it's right." Zhuang Yueming said with a smile.

"Well, we also made a small profit during the Hong Kong dollar crisis, which was used to hoard land, which was quite good." Li Jiacheng said with a smile.

Hong Kong, HSBC Headquarters:

"It seems that Hong Kong is really no longer a world owned by our British capital." Shen Bi sighed and shook his head.

(End of this chapter)

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