Reborn Tycoon Rise

Once Jianing goes bankrupt in the future, all companies it cooperates with will be investigated by the Independent Commission Against Corruption. If the loan funds involve internal transactions, even if they are legal, they will be investigated.

No big company in the world is clean. Under careful investigation, there will always be many problems, many of which even the board of directors don’t know about. Xu Zhi will not let his company fall into this situation no matter what. .

"Okay, I understand." Yuan Tianfan nodded and said.

Xu Zhidao: "What is the price quoted by Land and Carnegie Corporation for the Hilton hotel property?"

"2.7 billion Hong Kong dollars, but he hopes that we will resolve the dispute with Hilton Hotel." Ma Shimin said that he has been in contact with Bao Fuda and others. Now is the time when land prices are at their craziest. At the beginning of the year, a piece of land on Hung Kam Road was auctioned The price is 30,000 per square foot, second only to Manhattan in global land prices.

Xu Zhi smiled and said: "How is it possible? Tell them clearly that they can handle this kind of thing themselves. Either agree or just cooperate."

The Hilton Hotel is also an internationally renowned hotel, and due to the mainland's reform and opening up, tourism development in Hong Kong has entered an explosive period. It will not be easy to persuade it to give up its business in Hong Kong. 80% of them will have to go to court. In half a year, the real estate market will It will fall into a state of malaise. Even if Hutchison Whampoa spends a high price to convince Hilton Hotel, it will be impossible to sell it to Land at a high price.

"I will discuss this matter with New York and Baofuda again." Ma Shimin nodded and said. He actually did not want to have friction with the Hilton Hotel on this matter, and he was even more worried that if he settled the matter, then Will the boss want to build the first building in Hong Kong by himself? After all, he knows that although Xu Zhi is not optimistic about the real estate market, he is very concerned about holding properties in Central.

Hutchison Whampoa raised HK$3 billion from the stock market some time ago, with a five-year interest rate of 13%. This means that by 1986, it must repay a debt of HK$4.95 billion in one go.

This money was going to be invested in General Electric in the United States. He was not sure whether he could make money. Moreover, like Xu Zhi, he also believed that the real estate market had reached the point where the bubble was about to burst. At this moment, he sold a Central property in his hand at the highest price. It can reduce the company's liabilities and at the same time have money in hand for better planning in the future.

"Okay, let's leave it like this. Wang Liming stays and the others leave first." Xu Zhi said with a smile. If Land had not been involved, he would not have taken the initiative to sell the properties in his hands.

Excluding the future Times Square land, he currently owns four Central properties. Cathay Pacific Building and Federal Building are 100% owned, while Hutchison Building and Hilton Hotel are owned by Hutchison Whampoa.

However, it is far behind compared with Land. Land's properties in Central include Connaught Building, Prince's Building, Alexander Building, Gloucester Building, Standard Chartered Building, Lane Crawford Building, Landmark Plaza, Pacific Place, Cultural Oriental Hotels, Holland House, etc., and there are also several top-notch buildings in some prime locations on the Kowloon Peninsula, such as the Duke of Windsor Building, Royal House, Harcourt Building in Wan Chai, Excelsior Shopping Center, and Causeway Bay Trade Center.

The total area of ​​these properties exceeds 10 million square feet, and they can generate an annual income of HK$2-3 billion from rent collection alone.

These are just buildings. Land also owns a large number of land and residential villa properties.

However, the price of owning so many properties is not small. These buildings, including the shares of Land itself, have been mortgaged multiple times. The entire group's debts amount to more than 10 billion Hong Kong dollars, and most of the rents of all buildings must be used to repay Interest.

In fact, this means constantly using loans to support loans. This is not a problem when the real estate market continues to rise. However, once land prices fall and the assets are insufficient and banks withdraw loans, the entire business system will collapse.

Selling the Hilton hotel business can not only make a profit, but also put another straw on Land's camel. At the same time, because of the Miramar Hotel's loan, the Bank of East Asia can also act as a creditor to press for debts, thereby obtaining the maximum amount in the future. income.

After Ma Shimin and Yuan Tianfan left, only Xu Zhi and Wang Liming were left in the office.

Xu Zhi asked: "Has Hutchison's funds been converted into US dollars?"

Wang Liming nodded and said: "The conversion has been completed. A total of 580 million US dollars is already in the Citibank account."

"Okay, I'm going to the United States right away, just in time to get it done." Xu Zhi said with a smile. The current exchange rate between the Hong Kong dollar and the U.S. dollar is about 5.13:1. Hutchison Whampoa issued 3 billion Hong Kong dollar bonds from the stock market, and now it has all Converted into US dollars.

…

USA:

"Mr. Welch, congratulations on becoming the new president of General Electric Company." On a Boeing 747 aircraft, Xu Zhi raised a glass of red wine and greeted a white man opposite him with a smile.

"Thank you, Mr. Xu." Welch raised his wine glass, touched it politely in the air, took a sip of red wine, looked around again and said with a smile: "Mr. Xu's plane is really luxurious. I have heard of Boeing 747 being used as a private jet before, but I never thought that I would be lucky enough to sit in one today."

"It's not luxury. I originally wanted to buy a 737, but I had to wait too long, so I changed to this one." Xu Zhi said with a smile.

The private jet purchased from Boeing had been delivered three months ago, and was then handed over to a professional decoration company in the United States for interior decoration. Although there were some business cooperations during this trip to the United States, the most important thing was to take over the current aircraft. The world's most luxurious private jet.

The 747 is currently the largest aircraft in the world, with a cabin area of ​​up to 450 square meters, while in Xiangjiang, the so-called thousand-foot mansion is only about 90 square meters, and the shared area must be deducted.

Just looking at the area, it exceeds many villas in Xiangjiang. The interior of the aircraft has 2 rooms with independent bathrooms, a large bar, a conference room that can accommodate 20 people, a study room, and the interior is equipped with IBM's latest small super Computers and an indoor movie theater, this luxurious configuration even shocked the new CEO of General Electric.

The stewardess brought two steaks, and Xu Zhi and Welch held up paper barriers to prevent themselves from being scalded by the boiling oil, just like they were in a hotel.

After waiting for a while, Welch used a knife and fork familiarly, cut off a small piece of steak, put it in his mouth and tasted it carefully, and then said: "This steak is great. I have been to many American steakhouses, not many." Home has this level.”

"This is a professional chef I hired from France. What he is best at is frying steaks." Xu Zhi said with a smile. Since he spent more than 100 million US dollars to buy a private jet, other investments were naturally only a fraction. Of course, he had to choose the best one. OK

The Boeing 747 requires four pilots, and Xu Zhi arranged for the top six to be hired from Cathay Pacific Airways. Of course, not to mention the flight attendants, they are the youngest, most beautiful and service-oriented beauties in Hong Kong.

As for the chefs, we have also hired more than a dozen top chefs from all over the world. These chefs usually stay in Xiangjiang to prepare meals for the Xu family or senior executives of several major companies. When necessary, they will follow the private jet to prepare food on the plane. .

Soon, the two finished the steak. Xu Zhi took a sip of red wine and asked with a smile: "Mr. Welch, regarding the purchase of shares in General Electric, I wonder if your board of directors has approved this proposal?"