typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 488

Looking at the warm sunshine coming in from outside the office, Li Jiacheng felt cold all over, without a trace of warmth.

Looking back on his more than 60 years in business, there have been high moments of success and low points of failure. Li Jiacheng relied on his superhuman vision and great courage to create the brilliant achievements of Li's business empire today.

It's a pity that all this will become a passing smoke and become a wedding dress for others.

at this moment

Li Jiacheng felt endless desolation in his heart, and he knew that he had failed miserably.

In terms of financial strength, it is impossible for the Li family to compare with the other party. This is like a battle between adults and children.

There is no doubt that the Li family is the weak side.

Thinking about it a thousand times, Li Jiacheng secretly weighed the financial strength that both parties could mobilize to see if they could find a glimmer of hope in a doomed situation.

From the perspective of royal funds;

It owns HSBC, the world's second-ranked multinational financial company, and wholly owns Smith's Bank, which enjoys an excellent reputation in the British Isles. It also has good relations with major multinational banks in China, the United States, and Japan, and has a large number of assets that make the bank three feet taller.

A lot of high-quality assets can be mortgaged, and the financial strength is simply dizzying.

The Lee family does not own a bank, although it has decades of deep ties with Standard Chartered Bank and Bank of East Asia.

But at this critical moment, I'm afraid no one dares to reach out to fish for themselves.

If the Royal Family Fund takes note of it, it might even cost you the money.

In the territory of Xiangjiang, no one dares to go against the Royal Family Fund. This majestic power cannot be built on.

Cheung Kong Group does have two to thirty billion Hong Kong dollars in its accounts that it can use. This amount of money is just a drop in the bucket and is not enough to restore the Li family's decline.

Think about it

Li Jiacheng reached for the phone. He wanted to find a domestic heavyweight to speak to him and see if he could leave some land for his retirement...

Los Angeles at night

Inside the Mediterranean manor, the office and auxiliary buildings are brightly lit

Dozens of secretaries are busy at their desks, maintaining close communication links with the other side of the Pacific. The backbone optical fiber network specially laid by Hong Kong Global Crossing Company brings real-time convenience to cross-ocean communications.

Wang Yaocheng sat energetically at his desk, directing the merger and acquisition battle thousands of miles away through the backbone optical fiber network.

Relevant data is presented in a streamlined manner and displayed through five 64-inch LCD panels, making all situations clear at a glance.

"As of the closing of the Hong Kong Stock Exchange in the morning, the transaction volume of the Royal Fund Institutional Seats was HK$144.8 billion, covering the chips collected previously and the transactions completed by today's push-up sweeps. Everything is progressing smoothly so far."

"From the perspective of equity holdings, the 37.4% equity held by us in Cheung Kong Group has far exceeded the 31.7% held by the Li family. In the acquisition war initiated by us, the other party's resistance was weak and the shareholding ratio

It increased slightly from 30.6% to 31.7%, with approximately HK$4.6 billion invested, but was defeated by our sudden attack..."

"From the market perspective, the Li family has lost its determination to compete with me, and the victory of this merger is imminent."

Zhao Feng, Director of the Secretariat, gave a methodical report with strong self-confidence in his tone.

sit on top

Wang Yaocheng tapped his slender fingers on the table, pondered for a moment, raised his wrist and looked at the time. It was already 12:53 in the morning.

in a while

The Hong Kong Stock Exchange will open in the afternoon, and the final merger and acquisition closing will be completed today.

At this time

Han Jianfei, deputy director of the Secretariat, quietly walked in and reported in a low voice;

"The Secretariat has just received an overseas phone call from China. It is the secretary of a certain heavyweight. He means that he wants to speak to you in person. We have politely declined as stated in advance and will call you at a convenient time.

He called back."

Wang Yaocheng nodded silently, indicating that he understood.

The reason why I left the country thousands of miles away was to avoid troubles outside of business, and I could wait until everything was settled.

Looking out the window

The bright lights illuminated the surrounding area brightly, but in the distance was still shrouded in deep night and filled with stars in the sky.

Another thrilling sleepless night!

"Everyone should take advantage of this time to take a break and let the kitchen bring out the late night snacks. After eating, you will have the energy to continue working. The merger and acquisition work has not been completed yet, so don't slack off."

"Thank you, Chairman, we will work hard."

"Okay, relax for half an hour."

Wang Yaocheng waved his hand and walked to the roof garden confidently.

The night here is hazy, and the floor lamp outlines the outline of the lush garden, showing another kind of hazy beauty.

Taking out a cigar from his pocket and lighting it, Wang Yaocheng sat quietly on the lounge chair, watching the sparkling lights of the rooftop swimming pool, feeling peaceful from body to mind.

Looking back at the present and recalling the past is very emotional.

Now he controls huge wealth, climbs to the top of the world and has a panoramic view of the mountains and small mountains. One after another, the legends of wealth in the past have been trampled under his feet.

The Swire Group Swire family, the Hong Kong and Shanghai Hotel Michael Kadoorie family, the BlackRock Group that once controlled HSBC, the Cleveland Group, the Wharf Group, Korean Hynix, Taiwan Semiconductor Manufacturing Co., Ltd., Korean Peninsula Samsung Electronics, and now Hong Kong has long

real group.

Every glorious moment in life is clearly played back in memory...

These defeated opponents have been left far behind. They do not pose a threat to the Wang Consortium and have become a thing of the past.

now

Wang Yaocheng's opponent is also a behemoth on the level of a prehistoric beast. In terms of level and weight, this is the goal that the Wang Consortium will surpass in the future.

The huge business empire of Wang's consortium is being shaped bit by bit in its hands. Whether it is the lineup of its companies or its strength, it is no less than the established American and Japanese consortiums with profound foundations.

Compared with these established consortiums, the Wang Consortium lacks influence and accumulation in the political circles and has great potential for development.

As the old saying goes;

Learn from the barbarians and develop skills to control the barbarians.

With a learning mentality, Wang Yaocheng imitated the internal structure of the old Japanese consortium in every aspect and learned the secret of its long-term prosperity.

Among the six major Fuso consortiums, Mitsubishi is the largest and is known as the most cohesive and powerful Japanese consortium.

The Mitsubishi logo is widely used by its companies, and there are more than 400 companies with Mitsubishi-related logos, which is rare among consortiums around the world.

In China, Mitsubishi home appliances and automobiles are often seen, but these two are not the main businesses of the consortium.

The Mitsubishi Group owns nine Fortune 500 companies, including Mitsubishi Corporation, JX Holdings, Mitsubishi UFJ Financial Group, Mitsubishi Electric, Mitsubishi Heavy Industries, Tokio Marine & Nichido Fire Insurance, Meiji Yasuda Life Insurance, New Nippon Oil, and Mitsubishi Chemical.

Mitsubishi Corporation, the largest, operates in a wide range of fields, including petroleum, machinery, metals, food, chemicals and many other fields. With an annual turnover of US$110 billion, it ranks 27th among the world's top 500 companies and is a super-large comprehensive trading group.

International competitors include Switzerland’s Glencore, Singapore’s Trafigura Group, etc.

Mitsubishi Chemical, the smallest, has an annual turnover of US$35 billion. Its main products include functional materials, plastic products and fertilizers, etc., ranking 372nd among the world's top 500 companies.

Mitsubishi Group's subsidiaries include smaller consortiums such as Asahi Glass, Nikon Camera, Kirin Beer, NYK (Nippon Yusen Line), Mitsubishi Motors, etc., and are extremely powerful.

past 2002

Only 13 Chinese companies have entered the world's top 500 companies. This shows that the strength of the Mitsubishi Foundation is staggering.

Compared with Mitsubishi Group, the Wang Consortium still has a long way to go.

After entering 2003

Wang Yaocheng has fewer and fewer golden fingers to rely on, and fewer and fewer big leaks to pick up. The development of the consortium depends more on its own power and technological progress.

The business scope of its subsidiaries covers network high technology, electronic semiconductor raw materials, chip design and manufacturing, wireless communication equipment and communication industry, LCD panel industry, department store retail and logistics, real estate and entertainment industry, etc., covering a wide range of areas.

In order to adapt to this change, Wang Yaocheng took the initiative to adjust the development direction of the consortium;

Deliberately reduce the proportion of the virtual economy, increase investment in the industrial economy, and provide a steady stream of dividend income for the steady development of the consortium.

Selling Netscape and Yahoo websites and increasing its stake in Corning and major multinational pharmaceutical companies are concrete measures in this direction of development.

It seems to be working very well now;

The steps that were once a little frivolous became steady and I walked more solidly.

As a commercial real estate that can provide stable income, Wang Yaocheng has now also paid attention to it. Taking over the Li family's flagship companies, Cheung Kong Group and Hutchison Whampoa Company, is also a strategic move implemented under this consideration.

thereafter

We will use Hong Kong as our base to develop throughout Southeast Asia, Europe and the United States, expand the scale of commercial real estate and department store retail, and achieve stable operating profits and rental income.

Financial investments in the world's major pharmaceutical companies, Apple, Time Warner, Microsoft, water and electricity and other public facilities and real estate are the anchors for the consortium's stable income. No matter how the international financial situation changes, this part of the income will still be stable.

.

After careful planning, the Royal Family Fund gradually became full-fledged and had all the elements of a large consortium.

Take the old Japanese consortiums as an example. Most of them have their own core financial enterprises as support. They basically have all-financial licenses such as banking, insurance, securities investment, investment banking, etc., and can provide extensive financial support to consortium enterprises;

The Mitsui Consortium owns financial companies such as Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Marine Insurance, Mitsui Credit Card, financial leasing, and SMBC Securities.

The Mitsubishi Consortium owns financial companies such as Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Financial Group, Tokio Marine & Nichido, Meiji Yasuda Life Insurance, and Mitsubishi UFJ Securities.

The Fuji Group owns financial companies such as Mizuho Bank, Mizuho Trust Bank, Nippon Casualty Insurance, Asahi Life Insurance, and Nissan Marine Insurance.

compare with

Royal Fund also owns HSBC, Smithsonian Bank, HSBC Life Insurance, Smith Trust, HSBC Securities and other financial companies. It has a full financial license and is not inferior to the above-mentioned established consortiums in this regard.

It is precisely with the support of strong financial companies that Royal Fund was able to take over the two flagship companies of Cheung Kong Holdings and Hutchison Whampoa in one fell swoop with its huge financial loans, demonstrating the crucial position of major international banks in corporate mergers and acquisitions.

The old Japanese consortium has its own political and business intelligence agency, which closely follows the pulse of the world economy, conducts scientific demonstrations on the development of the consortium, and looks forward to the general trend of the world in ten, 20, or even 50 years, providing a clear direction for the development of the consortium.

This kind of internal think tank is the secret to the long-term prosperity of established Japanese financial groups, and Wang Yaocheng also learned this trick.

The Mitsui Foundation owns Mitsui Zenken, the Sumitomo Foundation owns Nippon Research Institute, the Mitsubishi Foundation owns Mitsubishi Research Institute, the Sanwa Foundation owns Sojitz Research, the Fuji Foundation owns Marubeni Keikan, and Daiichi Banking owns Mitsubishi City Research.

These secretive think tanks can influence the final decisions of policymakers and are of incomparable importance.

The Wang Group followed suit and established the Hong Kong Guanfengyun Economic Research Center.

Through scientific argumentation and model analysis, it provides scientific basis for the decision-making of the helmsman and reduces unnecessary losses caused by decision-making errors.

Nowadays, Wang Yaocheng relies more and more on the reports of Guan Fengyun Economic Research in his decision-making. By comparing with his own golden fingers of past and present life, he has gradually discovered a group of economists with unique insights.

Everything was on the right path, Wang Yaocheng secretly told himself not to wander and to walk more steadily.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next