(It is confirmed that the fifth update will be released today. There will be two chapters updated below. They will be uploaded before ten o'clock at the latest. I am rolling on the floor and asking for monthly votes. Please recommend and support. Please collect. Thank you to the enthusiastic readers.)
The Crotons' whirlwind visit had a very tight schedule.
During my three-day visit to Hong Kong.
He delivered a number of speeches at HSBC, Pacific Company Headquarters, Hong Kong University, the Stock Exchange and the Asian Financial Forum, and visited Harbor City, Hong Kong's largest shopping destination.
In the TV camera
Chrysanthemum walked to the electronic product counter and stopped, his eyes seemed to be deeply attracted by something.
He was holding the Oppo brand V3 mobile phone in his hand and said with an exaggerated expression: "Oh, this is really an epoch-making technology product, it's so cool."
It can be seen from the TV picture;
Each family of three owns a v3 mobile phone. The clothes they wear when traveling, the shoes they wear, and when they stop to drink Burton black tea, all are first-line brands represented by Swire Trading.
After finishing their trip to Hong Kong, the three members of the Clinton family happily flew to Fuso to continue their money-making journey.
Victoria Peak Yunxiao Pavilion
A group of secretaries were busy packing their things and preparing to fly to London on a Boeing 747 plane.
This trip to Europe has been pushed back and forth again and again, and now it’s finally settled.
Hong Kong is full of spring in March, and all you need to wear a thin cardigan is the sunny weather.
Thousands of miles away in the British Isles, it is now the time of spring chill, so warm clothes are indispensable.
Top floor
In the large bedroom
Wang Yaocheng looked at his wife sitting in a pile of clothes sorting, and couldn't help but say:
"Wanru, there is no need to prepare so many clothes. Secretary Guo Liyi knows the size of my clothes and can buy anything I need at any time. Carrying big and small bags looks weird. According to the old saying, it looks like someone is fleeing."
"The clothes I buy now are not as soft and close-fitting as the clothes I have worn."
"Foreigners buy their shirts by the dozen. They wear them once and then throw them away. There is no need to wash or dry them at all."
"Do you think that's okay?"
Si Wanru raised her face, revealing a beautiful and maternal face, which was rounder than when she was a girl, adding to the charming charm of a young woman.
"That's great! At least it saves trouble."
"Mom said, don't learn the bad habits of the foreign devils. They are all poor and cheap. We Chinese people pay attention to the unity of nature and man. We should embrace the vitality and deficiencies, accumulate energy and maintain health. It is nice to change new clothes every day, but the body's
The Yang Qi is also taken away, which hurts people and the spirit."
Wang Yaocheng stood down with some doubts and asked, "What, is this what mom said?"
"Of course, I can't lie to you." Si Wanru suppressed the laughter in her heart and said seriously; "Mom also said, don't throw away the clothes you don't wear, collect them and donate them, she
I often go to poor areas in the central and western regions, and the conditions there are not that good."
"Oh, that's okay." Wang Yaocheng accepted this explanation.
Si Wanru is quite experienced in dealing with Wang Yaocheng now.
This guy wants to use the old lady's words to suppress him, no matter whether it makes sense or not, he will succeed 99% of the time.
"There are a lot of things to do in Europe this time. When it is over, we will return directly to the United States along the Atlantic route. You can return directly to Los Angeles by mid-April. If the China Nursery Charity Foundation has anything to do, try to deal with it in advance. Oh, by the way, I'll do it in advance.
When you finish your retirement, please give me a reply. The Guodong Fund here has been registered in Hong Kong and can be started at any time..."
Si Wanru ignored Wang Yaocheng's nagging and neatly placed the neatly ironed clothes in the suitcase, with a peaceful smile on her face;
"Both children are too young, and I can't be by your side to take care of you. You..." Si Wanru bit her lower lip and said, "Don't go too far."
Wang Yaocheng raised his head in astonishment. Knowing what he meant, he touched his nose with some disdain, "No, don't worry!"
"Humph, I hope so."
a moment later
Wang Yaocheng strode into the study, followed closely by Wang Huiyang, the director of the secretarial department, and Hong Fu, the deputy director, and handed over a stack of materials.
"What's this?"
Wang Yaocheng took it and flipped through it, then walked to the sofa and sat down, listening to his subordinates introduce the specific situation.
Deputy Director Hong Fu is in charge of this matter, and he will give a detailed introduction;
Chairman, two things.
One is the construction plan for the Royal Fund’s Hong Kong headquarters. The demolition preparations for the prime land near Harbor City have been completed and can be put into large-scale construction at any time.
Part of this valuable land covering an area of 770,000 inches originally belonged to Wharf Group and part to Sun Hung Kai. After being acquired by us, it will be connected into one piece and can be used to build the global headquarters of Royal Fund.
The main contractor is Samsung Construction, and the supervisor is JSD Co., Ltd. of Fuso. They are both internationally reputable builders and have had many years of cooperative relations with us.
The entire building complex consists of one main building and four auxiliary buildings.
The design of the main building is in the shape of the former Burj Khalifa, the tallest building in the world. The sheikhs of Dubai were dazzled by the numerous design plans and were unable to make a decision.
It happened that the Royal Family Fund was soliciting design proposals from all over the world, and they immediately fell in love with the shape of the Burj Khalifa.
As a result, this stunning building will be located in Hong Kong, located on the beautiful Victoria Bay, and surrounded by four tower-shaped auxiliary buildings, it looks more majestic and beautiful, with an indescribable sense of mystery.
The main building is 808 meters tall, with a total of 160 floors. The expected investment is US$1.86 billion. The total investment of the entire building complex is US$3.72 billion. The construction period is four and a half years and will be completed by the end of 2005.
After completion, it will become the dazzling skyline of Hong Kong and the tallest building in the world.
This headquarters project has been proven for a long time. Wang Yaocheng looked at it and had no doubts. He took out his gold pen and signed the approval opinion on the feasibility plan of the project, which will be handed over to the Fixed Asset Investment Department of Royal Family Fund for implementation.
Turn to the bottom, this is a PCCW tracking report from HSBC.
The wheel of history is rolling forward according to the established track. After the Royal Family Fund gave up the acquisition of Yingke Digital Company, the development of this company did not deviate.
This is a company controlled by Li Zekai, the second generation of the Li family. During the Internet bubble, it planned to invest billions of dollars to build "Hong Kong Silicon Valley" and create a Cyberport pie for Hong Kong citizens.
These little tricks can be hidden from ordinary people, how can they be hidden from the Royal Family Fund Strategic Research Office.
from beginning to end
Cisco has not received a huge order from Yingke Digital, and all plans remain on paper. From talent team building, modern technology levels to market and foundation, Hong Kong does not have the basic qualities of Cyberport, let alone Silicon Valley.
According to Wang Yaocheng’s words;
The greatest industrial achievement of Lao Li's family is plastic flowers, which cannot be used even with lanterns.
The senior executives of the affiliated companies were all snickering. This final word about Lao Li's family spread and became a joke for a while.
Li Zekai was not convinced. Deep down in his heart, he had always aimed at the God of Wealth. His decision to get involved in the high-tech field of the Internet was inspired by his idol and he made a decisive decision.
In fact, he almost succeeded.
during the dotcom bubble
Although the market value of PCCW exceeds HK$100 billion, Li Zekai knows very well that this is all based on blowing up bubbles to promote the concept of Cyberport and has no real assets at all.
then
The British Cable & Telegraph Company is preparing to sell Hong Kong Telecom worth up to HK$300 billion. This company occupies 97% of the Hong Kong market and has stable cash flow and fixed income. It is a very good asset.
Through asset management, Li Zekai finally acquired Hong Kong Telecom with nothing.
This classic business war of small fish eating big fish established Li Zekai's illustrious reputation as "Little Superman" in one fell swoop. He was touted by Hong Kong people as a business genius second only to the God of Wealth, and his reputation was unparalleled.
PCCW's market capitalization once reached a peak of HK$580 billion, ranking second only to Swire Properties and the largest blue-chip stock on the Stock Exchange.
What's the old saying?
You'll have to pay it back if you go out for fun.
The good times did not last long. On March 14, 2000, the Internet high-tech bubble burst in European and American societies, causing huge damage.
By early March 2001
PCCW, which once had a market capitalization of HK$580 billion, has plummeted to a market capitalization of over HK$20 billion. It is like plummeting from a mountain peak, face-down beyond recognition.
At the beginning, PCCW Digital relied on bank loans of more than 10 billion U.S. dollars to acquire Hong Kong Telecommunications Corporation. The disadvantages soon became apparent. Pressed by huge bank debts, PCCW's operations were struggling.
Li Zekai, who was just hailed as "Hong Kong's third plutocrat", is actually bankrupt.
Without Li Chaoren's continuous capital injection behind the scenes and the communication and work between HSBC, Bank of China and Citibank that provided loans, PCCW would now be on the verge of liquidation.
The report in Wang Yaocheng's hand is HSBC's follow-up report on this, at the end of the report;
Please advise, should we take over PCCW or push for its bankruptcy and liquidation?
now
The fate of PCCW depends on Wang Yaocheng's thoughts.
In the original history, I don’t know how PCCW escaped bankruptcy and liquidation. It must have been inseparable from Li Chaoren’s behind-the-scenes operations.
Now……
Wang Yaocheng sneered twice; "Little Superman, haha!"
He signed his opinions at the end of the application report;
For high-dollar US dollar loans, possible risks must be strictly controlled to prevent personal relationships from affecting professional review opinions, and everything must be done to ensure the safety of funds.
This credit case must be included in the high-level risk education courses of HSBC Bank, and the alarm bells are ringing.
Instruct relevant departments to quickly set up a special team to strengthen loan collection work, and notify cooperative banks to take joint actions to safeguard their legitimate rights and interests.
This directive, which left no room for error, basically announced the tragic fate of PCCW, and it was kicked into the abyss.
There is no need to worry about Hong Kong's top tycoon Li Chaoren taking action, because he is currently too busy taking care of himself to save his precious second son.
Along with the ebb of the global Internet and technology, the Hang Seng Index fell from more than 18,000 points to more than 8,000 points. Coupled with the entire Internet bubble period, Hong Kong housing prices have been in a continuous decline and are precarious.
The capital of Hong Kong Island’s real estate tycoons has shrunk significantly, and they are motivated but unable to do so.