The Industrial Giant Reborn

"Heavy news, Hutchison's Indonesian port was taken back by the government, hundreds of millions of investment was lost, come and see?" Hutchison Building, in a newsstand not far away, the owner of the newsstand saw someone heading in the direction of Hutchison Building Go, immediately waved the horn and shouted.

"What?" Several people not far away could not help but stop their progress when they heard the voice from the loudspeaker, looked at the newsstand next to them in disbelief, and then trotted over immediately.

Several people arrived almost at the same time, and one person asked, "Boss, which newspaper."

"The Journal is here." The owner of the newsstand is also a smart person. After seeing the content of the Journal last night, he immediately knew that it would definitely become a headline, so he put the Journal in the most obvious position when he came here in the morning.

"Let me take a look." Several people couldn't help but picked it up and flipped through it.

"Hey, 50 cents a piece, you all read it like this, how can I do business?" The newsstand owner hurriedly held down the newspaper.

The few people present were considered middle-class, so they were not reluctant to buy a newspaper, so they each took out money from their pocket wallets, and after paying, they immediately walked to the nearby area to make room for the buyers behind. .

According to this newspaper, the port of Kanbaru Port in Indonesia was an important project presumed by the Indonesian government in 1972. The bidder was Hong Kong Hutchison Group. However, due to the global oil crisis, Hutchison applied for the extension of the port project of Kanbaru last year, and the Indonesian government agreed The delay was postponed for half a year. However, a year and two months have passed. The port project has not yet started, which has caused relevant workers to march, and suppliers to sue for payment. The Indonesian government has also discussed with Hutchison many times, but no substantial progress has been made. Remember that the port project has not started for a long time, and the Indonesian government is about to take back the entire project.”

The newspaper said it was very euphemistic, but professionals can tell at a glance that there must have been a huge contradiction. Otherwise, the Indonesian government will not forcefully take back the port. For a government, if there are insufficient reasons, the investment will be confiscated assets, which is tantamount to cutting off all overseas investments.

After a while, several people who had just finished reading the newspaper walked to the newsstand and said, "Boss, please use the phone."

"One yuan a minute?" The boss smiled and squinted his eyes.

"What? Why is it so expensive? Wasn't it all 50 cents before?" The visitor immediately asked back.

"Then go to the phone booth and call, it's fifty cents over there." The boss said.

"Hurry up, if you don't hit me, hit me." The person behind urged.

"Okay, okay, I'll call." The visitor didn't talk nonsense, he dialed the phone directly, and immediately said: "Old Zhang, I, Xiao Wu, after the market opens, immediately sell the shares of Hutchison, regardless of the previous buying price. Throw it away quickly, listen to me, Hutchison lost several hundred million in a port project in Indonesia, the news has already been exposed, hurry up."

After finishing speaking, I hung up the phone, looked at my watch after paying 2 yuan, turned around and trotted to Hutchison Building.

The few people who lined up behind couldn't wait to get on the phone, and they said the same thing. After hanging up the phone, they went to the Hutchison Building immediately.

The owner of the newsstand looked at the group of people in front of him with a smile. The Hutchison Building is not only the headquarters of the Hutchison Group, but also the location of the Hong Kong Stock Exchange. The Hutchison Group has had such a big event overseas that it has been most affected or valued the most. In fact, it wasn't Hutchison's employees that mattered, but the countless shareholders.

Shareholders of Hutchison Group stock and other stockholders are the same. Many of the people who called back here asked their friends or colleagues to sell the stocks in the market immediately. affect the entire market.

Just when many newsstand owners were happy to have made a small fortune today, the Hong Kong Stock Exchange opened normally, and immediately ushered in an unprecedented smash. The price dropped by 3 feet in a row, from 5.1 yuan at the peak to 4.4 yuan.

Some traders were already ready, but they still hurriedly dealt with their work. All kinds of phones kept ringing, and the entire stock exchange was bustling like a vegetable market.

The stock exchange is on the bottom five floors of the Hutchison Building, and the top of the Hutchison Building is the office building of the Hutchison Group.

"We have just received the notice from the Indonesian branch, why did the media find out so soon?" Qi Dezun, the leader of Hutchison Group, yelled angrily.

He took the initiative to promote the project in Indonesia 3 years ago. At that time, Hutchison was at its peak. It had acquired hundreds of companies in Hong Kong, owned 2 berths and a large number of real estate properties, but competed in one basket. There are too many opponents, Qi Dezun decided to go overseas to make money like Jardine, so after some selection, he chose this wharf in Indonesia.

Although Indonesia is not an industrial country, the annual agricultural export volume is also very large, and the demand for imports is also very large. At the same time, after the 1970s, Indonesia focused on the development of mining and forestry, and the previous docks could no longer keep up with the demand.

After half of the time, the two parties reached an agreement. Qi Dezun was also very high-spirited and prepared to take Hutchison to the top, but he did not expect that a serious real estate crisis broke out in his hometown in Hong Kong, coupled with the subsequent global oil crisis, the whole Hutchison fell into a serious crisis .

Indonesia’s Ganbaru Port project is actually not a problem, but Hutchison’s capital chain is broken, and the bank refuses to lend any more. Naturally, there is no way to continue without money. Originally, they wanted to wait for the economic recovery in Hong Kong. Restoring confidence, the Indonesian port project will naturally resume normally, but the Indonesian government can't wait. After several communications, Qi Dezun also knew that there was no way to continue, so he started to prepare to sell the Indonesian port project, but unexpectedly, after the cooperation failed The Indonesian government immediately turned their backs and wanted to take back the port, and their Hutchison executives were also in a hurry. Before they thought of how to deal with it, the Hong Kong side was exposed by the media.

In the conference room, a group of ghosts looked at each other, and no one knew what to say. After a while, Richard, the vice president of Hutchison, said: "Chairman, it's useless to ask these questions now. The newspapers have exposed it. Our The stock has fallen by 15%, and it may fall in the afternoon. HSBC and Standard Chartered have called to inquire about the situation. The rest of the other banks are expected to be the same. Our first thing now is to stabilize these banks, otherwise ,The consequences could be disastrous."

"That's right, what do you think?" Facing this capable and loyal deputy, Qi Dezun still showed face and sat down quietly.