Reborn Tycoon Rise
Chapter 214 The invisible rich man in Hong Kong
Wang Liming nodded and said: "HSBC once promised to lend us 1 billion Hong Kong dollars, and it will be returned in one lump sum after 5 years. You can use the money, but HSBC has been saying that it is following internal procedures. I have urged it several times. !.”
Xu Zhi said with a smile: "Contact Shen Bi immediately and ask him to hurry up. If you continue to delay things at SITC, something may go wrong!"
At the last moment of the Wharf hegemony in his previous life, Shen Bi directly approved Bao Yugang's 2.1 billion Hong Kong dollar loan after receiving a phone call. Now it is only 1 billion and he is dragging his feet, obviously deliberately delaying time.
Wang Liming said: "Understood, then I will arrange for someone to purchase some HK Electric shares in the stock market first, wait for HSBC funds to arrive, and then suppress the stock price so that I can fully acquire it."
Xu Zhidao: "Then let's do this for now!"
"Dong dong dong..." A knock on the door sounded.
"Come in."
The new assistant Huo Jianning came in and said: "Xu Sheng, I just received a call from the Zhang family from Federal Real Estate. Zhang Yuliang asked you to have coffee at the Peninsula Hotel!"
Xu Zhi nodded and smiled: "Okay, I understand, this may be the most expensive coffee in the history of Xiangjiang!"
…
In later years, in 1985, Li Jiacheng surpassed shipping king Bao Yugang and was ranked by Forbes as the richest Chinese in Asia for the first time. The Li family also became the first family in Hong Kong.
However, in a reporter's interview, Li Jiacheng publicly stated that he was only the richest man on the surface, and in Xiangjiang, those whose assets exceeded his could be more than a palm's worth.
Although this may be an exaggeration, invisible rich people are everywhere in Hong Kong, and Zhang Yuliang is one of them. If it hadn’t been for the Wheelock War in 1985, most Hong Kong people would never have imagined that the four major British-funded foreign companies Wheelock's largest shareholder is actually a Chinese family.
The Zhang family has been doing business in Hong Kong since the early 20th century, starting out by selling Western medicine. In the 1950s, they began to get involved in real estate. In 1962, the fourth son of the Zhang family, Zhang Yuliang, used family funds to build two buildings in the Central District - the Federal Building and the International Building. building.
In the 1960s, a Chinese family was able to buy two pieces of land in the core area of Central and build two buildings with their own funds. Among them, the Federal Building was the tallest building in Hong Kong at the time. The strength of the family is evident. The shipping king Bao Yugang It is estimated that they did not have this ability that year. It is not an exaggeration to say that they were the number one Chinese family in Hong Kong at that time.
But for such a family and such a large investment, because they used their own funds, the media and ordinary people at the time had no idea of their existence. Their low-key behavior was amazing.
Later, Zhang Yuliang sold two buildings in succession to the Madden family's Federal Real Estate in exchange for its shares. By 1970, Zhang Yuliang held more than 77% of the shares of Federal Real Estate.
From 1970 to 1972, the Zhang family went public again, exchanging properties such as Federal Real Estate, Mid-Levels Plum Road, and Garden Terrace for Wheelock shares. At its peak, the Zhang family held as much as 40% of Wheelock shares. On the surface, the shares of Wheelock's stock-holding family, the Madden family, are less than 20%.
The Zhang family is the opposite of the Madden family. The Zhang family is extremely low-key and only cares about the meat (real) and not the shell (name). John Madden, on the other hand, is so overjoyed that he only cares about the name, regardless of the reality. They cooperate with each other to form a perfect balance.
It was not until Wheelock suffered serious losses in later generations that conflicts broke out.
At this moment, because John Madden was not optimistic about the future of Xiangjiang, when Bao Yugang was aggressively reducing ships and landing, he still went his own way, taking advantage of Bao Yugang's low-price sales to expand the fleet, and at the same time, he spent millions on several major European shipyards. Billions of dollars in new ship orders.
"Make money in Hong Kong, develop overseas" - on this point, Wheelock and Jardine are exactly the same.
In order to raise funds to purchase freighters and reduce Wheelock's assets in Hong Kong, the sale of the Federal and International buildings became inevitable.
…
Peninsula Hotel:
Zhang Yuliang is a middle-aged man of almost 40 years old, much younger than Li Jiacheng. It is hard to imagine that at such an age, he is willing to stay behind the scenes and does not care about reputation.
When Zhang Yuliang saw Xu Zhi coming, he stood up, shook hands and said with a smile: "Xu Sheng, I have admired your name for a long time!"
Xu Zhi smiled and said: "I am just taking advantage of the situation, but I can't compare with a big family like the Xiang Zhang family."
Zhang Yuliang said: "We are just traditional industries, and we have inherited the wealth of the previous generation. We may carry forward some of it, but most of us are just sticking to what we have done. We cannot compare with those who opened up new territories and started businesses."
Xu Zhi said with a smile: "Being able to maintain success is also a skill. I don't expect my descendants to carry it forward. It's good to be able to maintain the ancestral legacy."
Zhang Yuliang laughed and said: "Xu Sheng is so interesting. Parents nowadays hope that their children will become dragons and phoenixes, but you, Xu Sheng, do the opposite."
"It's not necessarily a good thing to be too sharp." Xu Zhi said with a smile: "It is much harder to defend a country than to conquer it. In fact, the inheritance of wealthy families is not afraid of prodigal sons, but is afraid that their descendants who think they are powerful will invest in their own ancestral property."
"It makes sense!" Zhang Yuliang nodded and said, "I learned a lesson today. It seems that the descendants of our family must also discipline this!"
Xu Zhi smiled and said: "It's just a casual chat, let's talk about business!"
"Okay, here are the income and expenditure details of the two buildings in the past few years. Xu Sheng can take a closer look first." Zhang Yuliang handed over a stack of documents.
"Okay, I'll take a look first." After saying that, Xu Zhi slowly started to read.
Twenty minutes later, Xu Zhi said: "It's almost done. I've seen the main data. Let's discuss the details!"
Zhang Yuliang nodded and said: "Xu Sheng wants to acquire the Federal and International buildings. Let's not discuss the price for now, but this transaction needs to be flexible."
Xu Zhi asked: "How to work around it?"
Zhang Yuliang said: "Although the two buildings, Federal and International, are assets owned by Wheelock, Xu Sheng did not do direct transactions with Wheelock. Instead, my Federal Real Estate first bought them from Wheelock and then resold them to Wheelock. you."
"Okay." Xu Zhi agreed directly without thinking. The Madden family has been entangled with the Zhang family for more than ten years, and the interests involved must be complicated. He just wants to buy two buildings. The only issue he cares about is the price. Other aspects Do not want to know.
And from a theoretical point of view, Wheelock is a listed company, and the top management sells assets and major shareholders at low prices. This is already infringing on the interests of many small shareholders. However, since John Madden can agree, there must be some internal transactions.
Zhang Yuliang was quite surprised and said with a smile: "Okay, Xu Sheng is indeed decisive."
Xu Zhidao: "I only care about the results. The process in the middle is none of my business, so of course I don't care. Let's talk about the price now, shall we?"
Zhang Yuliang said: "2 buildings, 1.5 billion Hong Kong dollars."
Xu Zhi said: "It's too expensive. You must know that the transfer of the Golden Gate Tower at the end of last year was only HK$715 million."
"Xu Sheng also knows that that happened last year!" Zhang Yuliang said with a smile: "The land and house prices in Xiangjiang have increased a lot this year."
Xu Zhidao: "Indeed, but the two buildings you own are not comparable to the Golden Gate Tower. The price is still too high."
Although the Federal Building and the International Building are located in Central like the Golden Gate Building, in terms of prime commercial location, the Golden Gate Building is even better.
Zhang Yuliang asked: "How much is Xu Sheng willing to pay?"
Xu Zhidao: "1.2 billion Hong Kong dollars."
"Too low." Zhang Yuliang shook his head and said: "Let's see, Xu Sheng, our Zhang family also owns a lot of land in Kowloon and Shatin District. These areas are not small and can be used for residential development. Xu Sheng, you just need to If we can win it all at once, I can make some concessions on the building."
Xu Zhi said with a smile: "The land in Xiangjiang is not cheap now. These are considered high-quality assets. Is Zhang Sheng really planning to sell them all? Is he planning to leave Xiangjiang?"
Zhang Yuliang nodded and said, "People will never leave."
"Understood!" Xu Zhi nodded. If he didn't leave, it would naturally indicate that the assets were leaving, so he said: "In that case, I won't talk about the price today. I will send someone to verify all the land information. As long as the price is right, I can Take them all down.”
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