Reborn Tycoon Rise

Chapter 393 Hongmen Banquet 5

"Awesome!" Xu Zhi couldn't help but thought to himself.

Orient Overseas is one of the top ten shipping companies in the world. Dong Haoyun was once the world's seventh shipping king. Even in 1982, the tonnage of his ships exceeded that of Bao Yugang, who was abandoning his ship to land.

All this rapid expansion is the result of the joint efforts of many banks behind it. From Europe to the Americas, from Japan to the Gulf, Orient Overseas owes a total of US$1.4 billion to 17 banks.

During normal operations, banks naturally want you to lend as much as possible, but now that there is a crisis, all banks are eager to withdraw loans. This is the fundamental reason why a large number of companies went bankrupt during the economic crisis.

It's just that the "loans bully the banks", with a huge debt of 1.4 billion US dollars, no one of these dozen banks dares to really die, otherwise, everyone will suffer.

Tung Chee-hwa, the current chairman of Orient Overseas Overseas, has been trying to resolve this huge debt since the first day he took over the company from his late father, Tung Haoyun. Facing the pressure of many large banks, Tung Chee-hwa took advantage of the constraints among the banks and spent half a year. Over time, they broke through the major banks one by one, not only making them promise not to press for debt within a short period of time, but also persuading the banking group headed by HSBC to grant another HK$3.8 billion in credit.

The future first governor of Hong Kong has a strong business ability that is extremely admirable!

Of course, a loan is always a loan, let alone a quick loan in such an emergency. No matter how capable Tung Chee-hwa is, the bank is not a fool. Without enough interest, they cannot agree.

Therefore, although the banking group has been temporarily stabilized and some funds have been obtained, the financial pressure is still great.

Xu Zhi then asked: "How much investment is needed?"

"If Xu Sheng is interested, he can obtain up to 10% of the shares of Orient Overseas. As for the price, it should be between 150 and 200 million Hong Kong dollars. Specific aspects require further negotiation. Now I am just asking Xu Sheng for his opinion." Seeing that Xu Zhi was interested, Huo Yingdong explained with a smile.

"Okay, I will arrange for someone to learn more about the specific situation." Xu Zhi nodded and agreed. The 10% stake has become a pure commercial investment, and it is impossible to obtain a controlling stake in Orient Overseas.

Moreover, what can really save Oriental Overseas is not the capital invested, but the endless shipping orders from the mainland. Without this, investing billions of Hong Kong dollars may not be able to save Oriental Overseas.

Not to mention, the second son of the Dong family will be the first governor after the return of Xiangjiang in the future. He has close ties with the mainland. Now being able to invest in his family's business during a crisis can be regarded as a favor. At the same time, this The return on this investment was still very high. In the early 1990s, the world shipping industry recovered. OOIL survived the cold winter and regained its strength. The stock price was several times higher than it is now.

Huo Yingdong said: "Okay, if Xu Sheng can join us, we will definitely be even more powerful this time. But there is one thing we still need to trouble Xu Sheng?"

"What's the matter?" Xu Zhi asked.

Huo Yingdong said: "The current problem of the Dong family is that the capital chain is faulty and the cash flow cannot be recovered. The only way is to increase revenue and reduce expenditure. In terms of revenue, although the mainland party promised to have some orders, there will be no discount in terms of price. The decision is based on the market, so the more important thing is to reduce expenditures, so I hope Xu Sheng’s terminals can give a discount when charging?”

"Okay." Xu Zhi agreed after thinking for a while, and then said: "However, in exchange, if OOCL gets out of difficulties in the future, everything must be parked at my and Huang's dock in the future."

Hutchison Whampoa's terminal business accounts for half of Hong Kong's business, but it cannot be said to be a complete monopoly. It is cost-effective to exchange part of the current profits for long-term cooperation with a large fleet in the future, not to mention that investing in OOIL itself is not Just for economic purposes.

Huo Yingdong smiled and said, "Okay, no problem."

Then, he turned around and asked Li Jiacheng: "Li Sheng, I wonder if you are interested in coming in to play a little bit?"

"With Xu Sheng's participation, I won't be short of money at all!" Li Jiacheng replied with a smile: "Huo Sheng also knows that the main business of our Yangtze River Industrial Co., Ltd. is real estate. In the past year, this real estate company in Xiangjiang has , life is not easy!"

Huo Yingdong nodded and said: "Understood, I won't force this matter. It would be better if you agree, but if you don't agree, forget it.

However, I heard that Li Sheng is still fully supporting the construction of Shantou University. Even if the company is experiencing financial difficulties, it has not backed down at all. Huo also admires it very much. "

"You should contribute to the country's education," Li Jiacheng said with a smile.

"Li Sheng, if you have any financial difficulties, I can provide some support." Xu Zhi said.

Li Jiacheng looked at Xu Zhi, shook his head and said, "Thank you very much, Xu Sheng, for your kindness. I can still afford a university."

Xu Zhi smiled and said nothing more.

Investing in Shantou University is a huge political investment by Li Jiacheng. From an economic point of view, this matter has no return, but it is crucial in terms of reputation and future layout.

Chinese civilization, from ancient times to the present, has had a tradition of famous people opening schools for their hometowns as a way of giving back to their hometowns. In later generations, some wealthy people in the mainland are also keen on this.

Li Jiacheng, whose ancestral home is in eastern Guangdong, has returned to his hometown several times since the reform and opening up. Due to the nature of Cheung Kong Holdings as a real estate company and some policy uncertainties of the mainland government at the time, Li Jiacheng did not invest directly, but made charitable donations, including two A hospital worth tens of millions of Hong Kong dollars and a residential community.

In 1980, Eastern Guangdong Province decided to establish an international advanced college in Shantou, but it had no funds. At that time, Li Jiacheng benefited from the rapid development of the real estate market in Xiangjiang and had a lot of funds in his hands, so he set up a college in Nanyang Overseas Chinese Zhuang Shiping. Under the recommendation of Li Jiacheng, Eastern Guangdong Province reached a cooperation with Li Jiacheng and decided to organize Shantou University.

"University" is the most sacred existence in the eyes of domestic intellectuals. An overseas capitalist donated to a domestic university. This matter not only attracted great attention from the central government, but also spread throughout the country in a short period of time. , People's Daily and Xinwen Network have conducted detailed follow-up reports on this matter.

The banner of "patriotic Hong Kong businessmen" was easily obtained by Li Jiacheng, which is a huge political guarantee.

Economically, in the 1980s, the mainland had insufficient capital and did not give Li Jiacheng direct returns. However, in the 1990s, the capital decided to build a modern commercial plaza in Wangfujing Square. The state-owned enterprises in the mainland could not take over this investment, so the government decided Put this project in the hands of foreign investors.

At that time, the mainland's economy had begun to take off. Wangfujing in the capital and Nanjing Road in Shanghai were as prosperous as Fifth Avenue in New York, Causeway Bay in Hong Kong, and the Champs Elysées in Paris. Under normal circumstances, these areas were It's hard to find a shop, let alone a commercial plaza of 100,000 square meters this time.

In the end, Li Jiacheng got this golden land, demolished hundreds of government departments and agencies, and built the famous Oriental Plaza in later generations.

In the 21st century, the annual rent of this square is as high as 3 billion, and its value is as high as 170 billion.

All these huge returns are more or less inextricably linked to the current investment in Shantou University and some infrastructure projects. For such a "famous" thing, Li Jiacheng has financial difficulties and will not let outsiders intervene. The peach he had worked hard for for several years.

What's more, he has funding from HSBC behind him. Even when the real estate market is sluggish, Cheung Kong's annual profits are as high as 300 million Hong Kong dollars. Investment in a university does not require one-time expenditure. Investing in building a university requires reluctance. , there is no problem of insufficient funds.

Huo Yingdong suddenly said: "Xu Sheng, the education industry in the mainland is currently very short of funds. If you are interested, you can also build a university for fun?"

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