The Industrial Giant Reborn

Chapter 144 100 Million Charity - A Sensation in Hong Kong Island

"100 million donations, Hong Kong's first philanthropy is born"

The title of the letter seems to be unattractive at first glance, but under the title, 100,000,000.00 is also written.

Countless zeros seem to be more attractive than the title, which has attracted the attention of many readers. The bustling world is for profit, and the world is full of hustle and bustle for profit. Can attract people's attention.

What is the concept of 100 million Hong Kong dollars in Hong Kong?

Among the current listed companies in Hong Kong, if the market value is 100 million Hong Kong dollars, it will rank 87th in the whole of Hong Kong. If it is used for investment, you can buy 29% of the shares of Cheung Kong Industrial and 36% of the shares of Hehe Industrial, becoming any of the five real estate tigers. A major shareholder, even a British consortium, can buy 13% of Wharf shares and become one of Wharf's largest shareholders.

And if it is used to buy real estate on Hong Kong Island, you can buy at least 2,000 buildings, any one of which is a goal that a middle class with a very good income can hardly achieve in a lifetime.

Ordinary workers in Hong Kong today can earn 2,000 Hong Kong dollars a year without eating or drinking, or 100 million Hong Kong dollars, which is equal to the sum of the wages of 50,000 workers for a year.

"Boss, do you still have "Letter"? Give me one, and another bottle of drink." A man in a suit with black-rimmed glasses walked to the front of a newsstand and said to the boss inside.

The company where Wang Dong works has been discussing the 100 million donation all morning. Some are envious, some are jealous, and then they start discussing Chen Zhiwen's wealth. It wasn't until the boss suddenly appeared and everyone was scolded. To be honest, the newspaper my colleague bought was also borrowed by the boss.

As an office white-collar worker, he doesn’t really care about the money to buy newspapers, but there are so many newspapers in Hong Kong, so he can’t buy every one of them. Before that, he always bought Ming Pao. There are no new novels now, either.

At noon, I came down to buy a newspaper.

"Come on, here are the last few copies, and they will be gone later." The owner of the newsstand said with a grin. Today's business is very good. As long as the title of the newspaper has a gimmick, many people will come to buy the newspaper. Although the weather is not as hot as in the previous hot summer, it is still ok, and the drinks are almost sold out.

After taking the newspaper, Wang Dong found a shaded place in a building, and read it while eating bread and drinks.

"Material" not only uses the front page to attract readers, but also the third and fourth pages to describe the entire history of charity in Hong Kong, from the Ho Tung family decades ago to the recently born Huagang Foundation, Hong Kong The well-known charitable donations in history are all described clearly, who donated, how to use, etc., and so on. From this page of newspapers, it is enough to see that throughout the history of Hong Kong, the people who really made donations basically They are all rich Chinese, and there are also British-funded ones, but they are not aimed at ordinary people, but are biased towards donating to government departments and building public facilities.

The fifth page describes Chen Zhiwen's business empire in detail, from the well-known Hutchison Whampoa to the Red Bull beverage exported to the United States, a Midea electronics company with thousands of employees, and a Galaxy Trading company with an annual turnover of over 100 million. The company, as well as Xinghe Real Estate, which has been very famous in the field of industrial real estate in recent years.

Most of Midea's products are very ordinary. Although the sales volume is not low, basically no one cares about it. It is just ordinary electrical appliances. How much money can they make?

And Red Bull is the most concerned topic of many Hong Kong people. This is the most amazing commercial miracle in the history of Hong Kong and even Asia. A local beverage can kill the US market with Coca-Cola and Pepsi, and it still takes the high-priced route. It is said that there are more than a dozen containers carrying Red Bull to the United States every day at the Hong Kong port, and the sales volume exceeds one million bottles a day.

But Wang Dong knows that a bottle of Red Bull costs HK$2.50 in Hong Kong, which is a sky-high price in Hong Kong. Even a white-collar worker like him only buys it once and saves it for a run.

Needless to say, the effect is really good, and people immediately feel energetic.

The number of such profiteering industries is still so high, and the Hong Kong public finally understands why a young man has the ability to buy Hutchison of the four major foreign companies.

"100 million!" Wang Dong sighed as he thought about his salary.

[Chen Zhiwen still can spend such a large sum of money for charity after the acquisition of Hutchison? It seems that there is really no shortage of money, and the record is wrong, it is Hutchison, so there should be no problem. 】Wang Dong suddenly thought of something, he should find a way to make some money with the information behind it.

It’s just that Hutchison has been privatized, so you can only buy some shares of Hutchison’s subsidiaries, many of which are still at a very low level, especially some real estate companies.

The Hong Kong Economic Journal also gave a general introduction to Hutchison Whampoa's recent business trends, including the cooperation with Cheung Kong Industrial Co., Ltd., and a large number of projects that had been suspended have been restarted, but they don't know what kind of cooperation between Hutchison Whampoa and Cheung Kong.

After choosing for a while, Wang Dong found his target——Capital Real Estate, a real estate company with a lot of land in Kowloon. It almost went bankrupt, and now that Cheung Kong has taken over many projects, the shutdown projects have started, and it is said that pre-sales of properties have begun, but there is still no movement on the stock market.

After confirming the target, Wang Dong put away the newspaper, threw the drink can into the nearby grass, turned around and ran towards the stock exchange.

"100 million Hong Kong dollars, what a big deal." Li Jiacheng said with a smile while reading a newspaper in an office inside Cheung Kong.

"It's just a word game. If you invest 100 million Hong Kong dollars in ten years, it may be the first year or the last year. The gap is huge." A person on the opposite side also said, he is the business department manager of Cheung Kong Industrial Sheng Yongneng is also one of Li Jiacheng's most trusted people inside Cheung Kong.

"That's right. With the current real estate market situation, in a few years, the value of Hutchison Whampoa will be enough to make anyone jealous." Li Jiacheng sighed and said, "Unfortunately, it would be great if we could acquire it in the first place."

"Chen Zhiwen dared to acquire Hutchison, and even later merged Whampoa Group and Watsons. The most fundamental reason is that his Red Bull drink can sell well in the US market, and the daily cash flow generated is enough to make any company in Hong Kong jealous. Banks also value this. One point, he acquiesced in Hutchison being acquired by him, otherwise, not to mention us, even if the five real estate tigers combined to acquire it, it might not be successful, and the creditor bank would not be able to pass it. Even if it passed, we would bear a huge burden Liabilities, with such a shortage of funds, we are not able to restart so many real estate projects Heji, and it is very likely that we will be dragged into the water in the end." Sheng Yongneng shook his head and said:

"As far as I know, after the acquisition of Hutchison, Chen Zhiwen also mobilized an additional 300 million Hong Kong dollars from overseas to enter Hutchison. That is to say, even if we do not cooperate with Hutchison, Chen Zhiwen has the ability to solve the debt pressure of Hutchison in a short time. , Let Hutchison's projects resume operation and funds flow again."

"It's also within my prediction. Without enough confidence, it is impossible for Chen Zhiwen to forcibly acquire Hutchison with such serious debts, and it is even more impossible to privatize and merge subsidiaries while still in debt." Li Jiacheng nodded and said. .

"With enough capital, we can stabilize Hutchison. Like us, he is optimistic about the future recovery of the real estate market and the stock market. Now all we have to do is wait." Sheng Yongneng said with some emotion: "If the real estate market really Returning to the situation at the end of 1972, Chen Zhiwen can earn billions of Hong Kong dollars in return this time, which is truly unprecedented in the history of Hong Kong."

"It's a pity that we don't have enough capital." Li Jiacheng sighed and said: "If I had been born ten years earlier and had the current capital ten years ago, I would definitely be able to acquire Hutchison, even the Hang Seng Bank back then."

"Yes." Sheng Yongneng agreed.

"Okay, let's not talk about these meaningless things." Li Jiacheng smiled and said: "How many projects do we have in cooperation with Hutchison now?"

"A total of 11 projects are under development, and 16 projects are still negotiating the purchase price. Hutchison's asking price is a bit high, and we are still negotiating." Sheng Yongneng replied.

"How much do they want?" Li Jiacheng asked.

"It's 10% higher than our psychological reserve price." Sheng Yongneng said.

"Let's talk about it for a while. Let's let 5% or 6%. Let's take the project down first. The delay is too long, and the time is also the cost. Also, now that the land price is starting to rise, it may be more than 5% if it is delayed for a month. .” Li Jiacheng thought for a while and said.

For the cooperation with Hutchison, the two parties have already decided which projects can be cooperated, and then the two parties will separately set their own prices before renegotiating. Naturally, this model is that Hutchison hopes to sell at a high price, and Changjiang hopes to buy at a low price. , So we talked for a while, a few were successful, and there were still more than a dozen that were not settled.

"Is Li Sheng worried that other Chinese capitals will join in the fun?" Sheng Yongneng asked with deep understanding of the boss.

"I can't rule out this possibility. The reason I'm bringing Hehe Industrial together is actually to reduce one competitor, and the other is to increase our operational capabilities and reduce risks. However, there are many other real estate companies in Huazi, and Hejishou There are too many lands on the market, and we are now cooperating with Hutchison, but only a small part, and some of the locations are not very good." Li Jiacheng said helplessly.

"I don't think Chen Zhiwen will cooperate with other real estate companies." Sheng Yongneng said: "Heji still has a lot of land in its hands, which is all abandoned. Qi Dezun was reluctant to share it before, but now we are with Heji. The cooperation model, with Chen Zhiwen's intelligence, can cooperate with us or other Chinese capital in the same way, but there is no news now, which is enough to show that he has no such idea. The number of joint venture development projects he can provide should only be for the purpose of stabilizing Cash flow to keep and remember, as long as he can maintain that, it may be enough for him."

"That's right, even if we don't develop it all the time, we can earn several times more profit if we wait a few years to develop the remaining large amount of land." Li Jiacheng nodded and said.

"It seems that his thinking is the same as that of British capital. He wanted to hoard properties to make money, but he never thought that the fastest way to develop new projects non-stop and use bank funds for rapid development." Sheng Yongneng said with a smile.

"Not necessarily, maybe it's because of the lack of power. Hutchison doesn't have so many talents in real estate development." Li Jiacheng said.

"It's also possible. If that's the case, we didn't think it would take long to carry out the plan we originally planned to make arbitrage profits by using the land in our hands." Sheng Yongneng said with some regret.

Li Jiacheng said: "It's a bit of a pity, but it's not an ordinary person who can acquire Hutchison. Besides, these two dozen projects have been developed. It's no problem for us to divide tens of millions. If the land price increases by one more Up, hundreds of millions are also possible.

How did Taikoo talk about the West Lake land on Braemar Hill Road? "

"Still in the negotiation, Swire's asking price has been backed down by another 5 million, but I think it can still be suppressed. I want to suppress it to the range of 80-90 million." Sheng Yongneng said.

"I'm still very optimistic about that piece of land, so be on the safe side." Li Jiacheng said after thinking about it.

North Point is located in the central part of the Eastern District of Hong Kong, China, and is also the northernmost area of ​​Hong Kong Island. Large, it can be said to be very rare in today's Hong Kong Island. If it is won and developed into a residence, coupled with his estimated increase in land prices, the profit will be very high.

"Swire Group is now preparing to develop Taikoo City on a large scale and urgently needs funds, so it is also very urgent." Sheng Yongneng said with a smile.

"Taikoo Shing." Li Jiacheng smiled helplessly and shook his head. The land of Taikoo Shing is definitely the first residence in Hong Kong. It is located on Hong Kong Island, and the nearby commercial facilities are very good. It is not far from the city, and it is close to the sea. The area is huge, more than one million square feet, but the British-owned Taikoo did not dare to get financing from the bank. Instead, it sold land in other places to raise funds for the Taikoo Shing project. This is why the Saixi Lake land was sold .

"I heard that Chen Zhiwen's real estate company, Galaxy Properties, bought two properties in Taikoo Shing." Sheng Yongneng said with a smile.

"Pure investment is indeed good." Li Jiacheng thought for a while and smiled: "If he is really like this, we can be the first to ask him about the real estate we develop in the future."

"Hahaha, yes, this will also increase the speed of our return." Sheng Yongneng nodded and said.

"Take the land of Saixi Lake as soon as possible. Among the land that the Hong Kong government is planning to auction recently, I am also optimistic about several pieces of land. The turnover of funds should be faster, otherwise we will miss many good opportunities." Li Jiacheng continued. .

The funds in the real estate market, as long as the turnover is fast, the profits will be higher. Just like a sum of funds, the result of developing one project in three years will naturally be very different from developing three projects.

"Okay, I will take over the Taikoo land as soon as possible." Sheng Yongneng nodded and said.

The public opinion in Hong Kong became heated once again. Li TV Station and TVB also broadcast the matter in the prime-time news, and various media quickly reprinted it. Some English newspapers also paid attention to the matter. Ta Kung Pao, the mouthpiece of the Hong Kong government, also commended Chen Zhiwen as a representative of the new generation of successful people. At the same time, he also encouraged more people to participate in charity and help more people in need.

The outside world is still discussing about Chen Zhiwen's China Hong Kong Fund, but Chen Zhiwen no longer cares about it, because a guest he has been waiting for for a long time has come from the United States --- Phil Knight.