The Industrial Giant Reborn

The best way to build a good relationship with the bank is to borrow money desperately, and that's what Chen Zhiwen planned.

On the third day after returning to Hong Kong, Chen Zhiwen went to HSBC to meet Shen Bi, and discussed behind closed doors. Chen Zhiwen and the representatives of Yonggao, under the witness of Shen Bi, signed an acquisition memorandum to acquire Yonggao Company for 178 million Hong Kong dollars, of which 3,000 Chen Zhiwen needs to pay HK$10,000 by himself, while HSBC provides loans for the rest.

After the representative of Yonggao US side left, Shen Bi said with a smile: "Chen Sheng, congratulations, you officially own a building of your own in Hong Kong Central."

"Nominal ownership." Chen Zhiwen said with a light smile. The American boss sold Yonggao, and the contract signed with the Hilton Hotel Group was still valid. It would take another 38 years for Chen Zhiwen to dispose of the Hilton Hotel. Right, it's an exaggeration to say that now Chen Zhiwen has to pay for a one-night stay at the Hilton Hotel.

"No matter what, this is one of the largest hotels in Hong Kong, with 700 rooms, and the hotel business is also very good." Shen Bi said.

"The more suites you have, the more you will lose money when business is bad." Chen Zhiwen shrugged and said that although Hong Kong's economy is developing rapidly, the tourism industry is not very good. In addition, there have been two economic crises in the past ten years, and the hotel is basically It's always a loss, but for a big company like Hilton Hotel Group, the agreement signed is still the overlord agreement. When it makes money, it can be said that it will be distributed to the owner. The cost is frighteningly high. Otherwise, the American boss behind Yonggao Company is not an idiot. How could the hotel in the center of Central be sold?

If it weren't for knowing that the real estate would increase tenfold in the future, and this location is in the center of Central, Chen Zhiwen wouldn't have bought it either.

"Hong Kong's economic problems will eventually pass." Shen Bi said with a smile.

"I also agree, so Mr. Shen Bi, I plan to invest in Hong Kong's real estate industry on a large scale." Chen Zhiwen said.

"Oh, what is Chen Sheng going to invest in? You need my help from HSBC, just ask." Shen Bi said with a smile.

Chen Zhiwen said: "Mr. Shen Bi also knows that I am very optimistic about the industry, so I want to acquire large-scale industrial real estate in Hong Kong."

The difference between industrial real estate and residential and commercial real estate is that it is not only affected by the Hong Kong economy, but also greatly influenced by the international environment.

For example, after the stock market and real estate plummeted in March last year, although industrial real estate was also affected, the decline was the smallest. The real plunge in industrial real estate was in December last year. When the oil crisis affected Europe and the United States two months later, the number of orders from European and American markets The plunge caused the depression of Hong Kong's industry, and then naturally affected the industrial real estate that relied on Hong Kong's industry to suck blood.

In March of this year, the oil crisis ended, but on the economic level, there are still many problems abroad, and the orders for Hong Kong are getting less and less. The price of industrial real estate in Hong Kong is still sluggish. The recovery will begin in early 75 as the industry starts to recover again.

In terms of long-term holding rate of return, industrial real estate is inferior to residential and commercial real estate, because its upper limit is limited, and Hong Kong's low-end industries cannot afford high rents at all, but its advantage is that it can quickly rise to its high level. With more orders, it completely ignores the entire Hong Kong real estate market.

For example, Great Eagle Real Estate, which is well-known outside the five real estate companies, absorbed industrial real estate in the past two years, and cashed out in 1977, making a net profit of 400 million yuan. This is one of the fundamental reasons why it was able to enter the top ten real estate in the early 1980s one.

What Chen Zhiwen needs now is naturally a quick cash. Industrial real estate is a very good choice, and the Hong Kong government does not strictly control industrial real estate transactions, and it will not attract the attention of the market. It belongs to the type that can make a fortune secretly.

"Industrial real estate, no problem." Shen Bi nodded without any hesitation and agreed, "I will give you a good discount on the loan."

"Mr. Shen Bi, I don't care about the discount. I hope to get more discounts on the quota." Chen Zhiwen said very formally.

"Amount?" Shen Bi raised his brows, looked at Chen Zhiwen with some surprise in his eyes, but soon returned to normal, and said with a smile: "I really didn't guess at the beginning, Chen Sheng belongs to the kind of people who either don't make a move or sell it." He must be a master who dares to gamble."

"If you know you will win, then it's not a gamble. I firmly believe that Hong Kong's real estate market is about to recover." Chen Zhiwen said with a smile.

In the real estate business, the most important thing is not how much money you have, but how much money you can get from other people. With Chen Zhiwen's current net worth, considering his overseas investment layout, he doesn't have much money to use freely. If you invest in the real estate market, you can earn two or three billion yuan if you double it several times, but if HSBC dares to lend him one billion yuan now and invest it all, the future income will be guaranteed to be dozens of yuan.

Another important point is that the cooperation with the bank is to borrow money desperately. The more you borrow, the better. The more you borrow, the better the relationship between the bank and you. If you borrow less, people will love you. , when you can make money, you must borrow more money, and when you lose money, you must borrow more money. For example, Chen Songqing in later generations, everyone knew that he had problems later, but no bank dared to take the initiative to burst this bubble. , until the government takes action.

"Chen Sheng is very similar to Bao Yugang back then, both of them are so confident." Shen Bi smiled and said: "But for this kind of thing, for our bank, risk is the most important thing. Chen Sheng wants to get For Bao Yugang's treatment, he has to prove that he has Bao Yugang's ability."

"Understood, let's wait for time to prove it." Chen Zhiwen nodded and said, choosing a long-term partner is also a very important decision for HSBC, a quasi-central bank in Hong Kong.

You must know that the average profit of HSBC Bank has only fluctuated between 300-500 million Hong Kong dollars in the past few years, and a loan for a large-scale real estate project can be tens of millions less or hundreds of millions more. If there is a problem, HSBC will definitely not If there is a problem, it is not necessarily the head of the family. In the original history, Shen Bi chose Li Jiacheng, and it was only after several years of investigation that he recognized his ability.

It's just a pity that many of Chen Zhiwen's overseas layouts cannot be brought out. The other purpose of HSBC supporting a certain Chinese is to control him, and HSBC's influence in overseas industries cannot reach it. Once Shen Bi knows that Chen Zhiwen's overseas business is so big, Many potential cooperation opportunities may be gone.