Reborn as a tycoon in Hong Kong

A few days later, in the office of Lin Baicheng of Hutchison Whampoa.

Wei Li, Cheng Yufeng, Xia Boyin and Wei Peter were all here, and the five of them held a small high-level meeting.

After several days of investigation and screening, Weili has listed some goals. What we want to discuss today is how much money is appropriate to spend.

Many of the targets selected by Wei Li and others were familiar to Lin Baicheng, such as Golden Gate Tower, Ocean Center, Emerald Pearl Plaza, International Building, etc. These are relatively well-known buildings and plazas in Hong Kong, either in Central or in Causeway Bay. , Tsim Sha Tsui and other economically developed places with a large flow of people.

If you buy the buildings and plazas in these places, as long as the premium is not too high, you can definitely make a lot of money in a few years.

This acquisition will be carried out with a bank loan. The loan requires interest, but the bank interest will definitely not be able to keep up with the increase in housing prices in Xiangjiang. Therefore, as long as the premium is not too outrageous, there is no possibility of loss at all.

Wei Li said aloud: "Mr. Lin, the company currently only has 500 million Hong Kong dollars in loan liabilities. Based on the company's current market value, the debt ratio is quite low. As long as it is willing, the company can even borrow billions of Hong Kong dollars. However, considering that the company Next, real estate development will also require bank loans, so the funds spent on acquiring plazas and buildings should not be too much."

Peter Wei said: "Although the company's development is mainly focused on real estate and retail, businesses such as trading, shipyards, and stone mines will also require loans, so some loan lines must be reserved for other businesses."

"The earlier the acquisition of the square and the building is, the better. It is best to complete it within the year. This is a one-time acquisition. After the goal is achieved, there will be no more acquisitions in the short term. So, if you want to do it, then be bold and set up a loan cap for acquisitions.”

"We need to discuss the loan limit no more than that."

After listening to what the two of them said, Lin Baicheng looked at the four of them and said.

After some discussion, the five people decided that the loan would not exceed HK$3 billion. With Hutchison Whampoa's current market capitalization exceeding HK$20 billion, a loan of HK$3 billion is not low, but it is not outrageous and can be obtained.

Of course, it is one thing to be able to get a loan, but if this loan not only fails to bring profits to the company, but causes losses and has to pay loan interest every year, it will definitely have a big impact on the development of the company.

Lin Baicheng asked: "Wei Li, how are you going to operate this loan of no more than 3 billion Hong Kong dollars?"

"Mr. Lin, that's what I think."

Wei Li already had a draft in mind, so he said: "Most of the plazas and buildings we plan to acquire are in British hands. For example, the Golden Gate Building is owned by Jardine Matheson, and the Ocean Center is owned by Wheelock. I plan to acquire it through HSBC and Standard Chartered's connections initiate acquisitions of related companies, and whichever bank can help the company acquire the target will borrow funds for the acquisition."

"This is a loan of about 3 billion Hong Kong dollars. The annual interest alone is more than 200 million Hong Kong dollars. The interest of the loan for three years is about 700 million Hong Kong dollars. Anyone who wants to eat this piece of meat must contribute, otherwise he will watch. Let others eat the meat.”

"This is a good idea of ​​yours. With the help of HSBC and Standard Chartered, it will indeed be easier to acquire the target."

Lin Baicheng's eyes lit up when he heard this, and he couldn't help but praise. HSBC and Standard Chartered are the largest banks in Hong Kong. British capital has a lot of dealings with these two banks. They must sell their face. With their help, it is indeed more likely to complete the acquisition.

Wei Li continued: "There is another advantage of this, that is, we do not need to borrow money first. Otherwise, if the funds are loaned but we cannot acquire the target, our losses will be huge. And now, how much acquisition funds are needed? No matter how much you borrow, nothing will be wasted.”

Lin Baicheng said immediately: "Very good, I will do as you say, and I will leave this matter to you, Wei Li."

"Don't worry, Mr. Lin, I will handle this matter beautifully."

Weili said solemnly that this involved an investment of several billion Hong Kong dollars, and he would definitely participate in the operation personally and get the matter done to avoid damaging the company's interests. And the company's interests were damaged, which indirectly meant that his interests were damaged. How could he not care about it?

"I'll leave the matter to you, I'll rest assured."

Lin Baicheng nodded. After all, this involved an investment of up to 3 billion Hong Kong dollars, and there was no way he wouldn't ignore it. Such a large-scale acquisition costs at least hundreds of millions of Hong Kong dollars for a building. It cannot take effect without Lin Baicheng's signature. He did not give Wei Li such high authority.

After leaving.

Wei Li immediately convened a meeting and arranged for people to conduct a more detailed investigation of the target square and building. For example, what is the traffic flow of the target venue, the approximate annual profit, the current valuation, whether the company is likely to be sold, etc. These must be investigated clearly.

It took a few days for Hutchison Whampoa to complete the investigation, and then Wei Li went to visit Shen Zhou of HSBC and explained the purpose of his visit.

Because he wanted help from HSBC and Standard Chartered, Wei Li did not hide anything and explained everything directly.

"HSBC will definitely assist in this matter!"

After hearing this, Shen Chow immediately said that even if HSBC could only take half of the loan acquisition of up to 3 billion Hong Kong dollars, there would still be more than 100 million Hong Kong dollars in interest every year, let alone a three-year loan. Besides, if it can help acquire more shares of property, the loan will be even larger.

As for the issue of the loan amount, that is not a problem at all. With Hutchison Whampoa's current liabilities, it would be fine even if it directly gives Hutchison Whampoa a loan of HK$3 billion.

Furthermore, HSBC is still the major shareholder of Hutchison Whampoa, holding 15% of Hutchison Whampoa's shares. If Hutchison Whampoa can make money from this acquisition, it will also be a good thing for HSBC, which means it will make money on both sides.

If Shen Zhou refuses such a good thing, then he is not worthy of being the head coach of HSBC.

"Thank you so much Taipan!"

Wei Li was not surprised when he saw this. If he had been sitting in Shen Cong's seat, he would have made the same decision.

After leaving HSBC, Wei Li went to Standard Chartered and told Huo Yaohua the same words about Shen Chow.

Likewise, Huo Yaohua immediately agreed, saying that he would assist Hutchison Whampoa in acquiring the property it was interested in.

A loan of up to HK$3 billion is not a small sum for HSBC and Standard Chartered. It is a huge achievement, so both parties want to win it.

Of course, as the real acquisition company, Hutchison Whampoa cannot fail to contribute. It is Hutchison Whampoa that is actually negotiating with the target company, and HSBC and Standard Chartered are only assisting.

Wei Li, who left Standard Chartered and returned to Hutchison Whampoa, formed a negotiation team, screened suitable targets, and prepared for door-to-door contact.