Reborn as a tycoon in Hong Kong

"Mr. Lin, this is the detailed information about Hutchison Whampoa that I investigated."

It took Cheng Yufeng almost three days to complete the research on Hutchison Whampoa. This was only possible with the cooperation of the management, otherwise it would only take longer. More importantly, without the cooperation of management, some data cannot be investigated so clearly.

Lin Baicheng nodded and asked, "What about Wei Li's development plan for Hutchison Whampoa?"

"it's here."

Cheng Yufeng took out another document.

"I'll take a look at the information first, and you can go and do your work."

Lin Baicheng picked up the document recording Hutchison Whampoa's detailed information and put Wei Li's development plan aside.

"Yes, Mr. Lin."

Cheng Yufeng responded and went out.

Lin Baicheng watched it very carefully, which lasted almost an hour. After watching it, he finally had a clearer understanding of the current situation of Hutchison Whampoa.

Hutchison Whampoa still has 180 companies, but there are only eight listed companies, namely Hutchison Whampoa itself, as well as Hutchison, Watsons, Hutchison Real Estate, Metropolis Real Estate, Jun Yick Warehouse, Anderson Daya and Harbor Engineering. The business operations include import and export trade, wholesale and retail trade, pharmaceuticals, commerce, container transportation, shipyards, warehouses, transportation, real estate, stone mining, construction and investment businesses.

Although Hutchison Whampoa has 180 companies, which seems huge, many companies are actually not very profitable, and there are even many companies that are losing money. Although Weili has dissolved and sold more than 100 companies, those were companies with larger losses. Today, some of the 180 companies are still losing money, and some are breaking even.

However, Hutchison Whampoa owns many companies, which also shows that Hutchison Whampoa has a lot of talents. In addition, it has a large amount of land in its hands and is the largest landowner in Hong Kong. Therefore, Hutchison Whampoa's potential is still very large.

In terms of liabilities, Hutchison Whampoa now has short-term liabilities of HK$760 million and long-term liabilities of HK$570 million, adding up to more than HK$1.3 billion in debt.

Among them, the repayment time limit for short-term liabilities is at the end of this year. Either Hutchison Whampoa will sell its profits or investment business to raise funds to repay debts, or it can only find a bank loan to pay off short-term debts first.

No matter what, Hutchison Whampoa owes more than one billion Hong Kong dollars, and it will not be easy to pay it off.

Regarding Hutchison Whampoa's development plan, Lin Baicheng has a general idea. First of all, it is certain that the real estate industry will be the main focus. He is very clear about the future real estate prospects of Xiangjiang. It can be said that without the high prosperity of real estate, Li Jiacheng in his previous life would not have been able to become the richest man in Asia and have so much wealth.

In addition to the real estate industry, the retail industry must also be vigorously developed. The retail industry is not only related to people's livelihood and can expand its influence, but also because this industry makes money. Just think of Wal-Mart. Not to mention developing Watsons to the level of Wal-Mart, as long as Watsons has a place in the domestic retail industry in the future, it will be at least tens of billions in size.

Then there is the pharmaceutical industry. The pharmaceutical company under the name of Hutchison Whampoa does have its own R\u0026D department, but it mainly focuses on obtaining patent authorizations from Western countries. The company has not invested much in independent R\u0026D, and there has been no results. However, because medicines are urgently needed, even though they obtain patents from other companies to sell pharmaceuticals, just like second-rate dealers, pharmaceutical companies still make money, but not much. Most of the money is made by the pharmaceutical company that owns the patent. went.

The reason for vigorously developing the pharmaceutical industry is not that Lin Baicheng is sure that he can develop a pharmaceutical company and make a lot of money, but that he knows the importance of medicines. Not to mention the ideological consciousness of serving the country and the people, Lin Baicheng hopes that when he or those around him get sick, he can use the most advanced and safe medicines.

The pharmaceutical industry not only includes drugs, but also medical devices. Lin Baicheng will also invest in this area, constantly spending money and hiring talents, in order to develop the most advanced medical devices in the world.

Of course, the pharmaceutical industry invests a lot, and no one can guarantee when it will be harvested. Therefore, investment in this area must wait until Hutchison Whampoa makes a lot of money from the real estate industry. Otherwise, where will the money come from to fill this hole?

Afterwards, Lin Baicheng took a look at Weili's development plan for Hutchison Whampoa.

In Weili's development plan, the number of Hutchison Whampoa's 180 companies is still too many. Companies that are losing money or not very profitable should be sold gradually. Part of the collected funds will be used to repay the company's short-term debts, and part of it will be used to repay the company's short-term debts. Come to develop real estate and develop the land in the company's hands into properties for sale.

In Wei Li's view, Xiangjiang has less land and more people. As Xiangjiang's economy becomes more prosperous, land prices and housing prices in Xiangjiang will become higher and higher. This is the best proof that Xiangjiang's real estate industry has begun to improve in the past two years.

Wei Li's plan to sell some companies and develop the real estate industry was the same as Lin Baicheng's.

However, in Weili's plan, in addition to the real estate industry, Hutchison Whampoa must also strengthen its trading business, because Hutchison Whampoa itself has many trading talents, as well as relevant experience and relationships.

Lin Baicheng was noncommittal about this. The trading business certainly made money. Hutchison International used to focus on trading business, but now that the company's controller has become him, Lin Baicheng, let's not say whether the previous relationship will be affected.

You know, China and Britain will start negotiations on the ownership of Hong Kong in a few years. Needless to say, Lin Baicheng’s position, and Hutchison Whampoa is the largest shareholder. By then, the foreign trade business will definitely be affected by the change in the ownership of Hong Kong. It will be affected, and the impact will certainly not be small.

After all, Lin Baicheng's heart is at home. If the British side wants to force him to change his position or suppress him, the trade business that the British side can easily influence is definitely the most likely to go wrong.

Therefore, it is not advisable to regard trading business as Hutchison Whampoa's main development business. There is no need to cancel the trading business now, after all, it is very profitable, but there is no need to invest money in vigorous development, or even be prepared to downsize or package it in the next few years.

Although the trading business planned by Weili was not in line with Lin Baicheng's idea, Weili was not a reborn person. The trading business was indeed profitable and was Hutchison Whampoa's strength. Therefore, there was no problem with Weili's development plan itself, and Lin Baicheng approved it.

However, Lin Baicheng would not change his mind. If Wei Li insisted on letting Hutchison Whampoa vigorously develop its trading business, then Lin Baicheng would have no choice but to ask him to leave. Hutchison Whampoa's general development plan must be based on his will, and no one is allowed to violate it.

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