Wu Jianye then began to analyze the current situation of rb for Yan Wen and others. In fact, it was nothing more than some analysis and comments made by some later generations of experts after the economic bubble of rb. Wu Jianye casually brought a few pieces to tell them.
Nowadays, rb is very likely to form an economic bubble.
Wu Jianye had told them countless times before that Wu Jianye never missed anything, so after hearing Wu Jianye's analysis this time, Yan Wen no longer had any other doubts and just implemented it seriously.
At the same time, Wu Jianye also asked him to focus on the two Germanys after the rb was withdrawn. The reunification of the two Germanys next year will also be a rare opportunity. Of course, this year he can also try his skills in the Hong Kong stock market.
After finishing talking about the two virtues, dinner was already served in the living room.
Wu Jianye and Yan Wen said: "Tomorrow, after playing golf with Zheng Yutong, I will go to the company to find you. The matter at Standard Chartered Bank will be over!"
The matter of Standard Chartered Bank has been delayed for more than a year. Wu Jianye had already been involved in the matter of Standard Chartered Bank before the global stock market crash the year before last year. However, many things happened, as well as internal reasons of Standard Chartered Bank, which led to the current situation.
Yiwang Group has not officially acquired Standard Chartered Bank.
This year Wu Jianye went to Berlin to participate in the film festival and met David Wallop, a British aristocrat. He came forward to help solve various problems in England. Now Yan Wen has nearly half of the control over the top management of Standard Chartered Bank. It has reached the point where he can
It's time to settle this matter once and for all with Standard Chartered Bank.
Everyone came to the dining table. The huge dining table could accommodate these people without feeling crowded at all. Everyone suggested that Wu Jianye should raise his glass and speak.
Wu Jianye scolded them for being weird. The people sitting here were all his own people, so there was nothing to say.
A group of people were eating and drinking very lively. By the time it ended, it was already past eleven o'clock. Everyone had their own driver. Wu Jianye and Gong Ying sent them to the door and went back to their rooms to rest!
A little farewell is better than a wedding......
The next day!
Fanling, Royal Heung Kong Golf Course!
Since Zheng Yutong announced his retirement, he has come here to play two strokes every day. But what makes the staff here more curious today is that there is even a pure official who has just taken over the New World with Zheng Yutong. He should be busy with everything now, but
When they saw Wu Jianye, they were no longer so curious.
Obviously, the pure official came here this time also to meet Wu Jianye.
"Director Wu, I haven't seen you for a long time!" This was not the first time that Chun Guan met Wu Jianye. Wu Jianye had also met Chun Guan several times before when Wu Jianye participated in a card game at Zheng Yutong's villa.
"Chun Guan, now that the spring breeze is triumphant, I haven't congratulated Chun Guan yet!" Wu Jianye said with a smile.
"Director Wu, you are so polite. I am still walking on thin ice now, for fear that one of my decisions will affect the interests of shareholders!" Although the language is modest, the official tone is not modest at all. It is obvious that he is very confident about his abilities.
confidence.
On January 1 this year, Zheng Jiachun officially took over the seal of managing director of New World from his father, and also became the cover character of the first issue of this year's "Capitalist" in Hong Kong.
As one of the top ten financial groups in Hong Kong, New World has undergone such major personnel changes, which naturally attracted much media attention.
Zheng Jiachun said that certain investment decisions will be made and New World will continue to develop.
Chunguan has been working under the shadow of his father for 17 years. Like a horse that has been resting for many years, he is eager to ride on the battlefield without restraint. Now he finally has the opportunity to show his long-cherished ambition. Zheng Jiachun was ambitious for a while and wanted to make the new world a success.
Extraordinary development.
Compared with acquisition masters such as Li Chaoren, New World missed a great opportunity to acquire British capital.
People in the securities industry think so, and so does Zheng Jiachun.
Beginning in the mid-1980s, a brand-new strategy suddenly appeared in the stock market. They were represented by Hong Kong business talents who studied in the United States and Canada, and the most successful among them was Liu Luanxiong.
Liu's acquisition failed and he threatened the major shareholders to buy out the shares he controlled at a high price.
Liu Luanxiong is a complete replica of Wall Street's pirate-style business warfare. Liu's most formidable acquisition attack was to challenge the giant hotel industry in Xiangjiang.
The Kadoorie family cut their flesh to protect their country, but they never imagined that the fable of "a snake swallowing an elephant" would actually happen in reality. In order to avoid being swallowed by Liu Luanxiong, the Kadoorie family fulfilled Liu's "green blackmail".
Public opinion said that Liu Luanxiong woke up the sleeping lion with one punch.
In a few years, Liu Luanxiong transformed from a small electric fan business into one of the largest tycoons in Hong Kong.
The traditional values in Hong Kong's business community are on the verge of collapse. If you want to become rich, you don't have to work hard for a lifetime. One successful acquisition is at least better than ten years of hard work.
Acquisitions and sniping are regarded by many business people, especially overseas students, as shortcuts to development.
Almost at the same time as Liu Luanxiong, Luo Xurui's acquisition results were also impressive.
Luo Xurui is the son of the old real estate developer Luo Yingyan, but he started from scratch when his family company was on the verge of bankruptcy.
Luo Xurui's final momentum is still higher than that of Liu Luanxiong, and market participants generally believe that Luo is the second echelon of super chaebols with the most potential.
Coincidentally, a year later, Luo Xurui followed Liu Luanxiong's footsteps and attacked the Grand Hotel. Although the snake could not swallow the elephant, it managed to pull off an ivory - a huge gain.
Zheng Jiachun, who studied in Canada and majored in business administration, has long been optimistic about acquisitions.
Now, the success of Liu Luanxiong, Luo Xurui and others cannot but have an impact on Zheng Jiachun.
However, Zheng Jiachun will never learn to walk in Handan.
He is acting on behalf of a large consortium in Xiangjiang. His acquisitions are for long-term investment and are not speculative, nor are they "green extortion" like Liu's.
Otherwise, it will be inconsistent with the gentlemanly behavior of a large financial group!
Pure Official’s acquisition began in February this year.
Zheng Jiachun was known as a "big official" in the Chow Tai Fook Group since he was a child.
There are many merchants from Shunde in Xiangjiang. In order to distinguish "this high official" from "that high official", the outside world calls him a "pure official".
Zheng Jiachun's first acquisition was a two-step process. The first step was to reach an agreement with the Mingli Group of the Cha Jimin family to exchange New World shares for 16% of the shares of Hong Kong Industrial controlled by the Mingli Group, involving a capital of HK$368 million.
Since it is an exchange of new shares, no cash is involved.
The Cha Family is a consortium that started out in the dyeing and weaving industry. In the 1980s, as labor costs rose in Hong Kong and the textile industry slumped, the Cha Family cooperated with New World and other real estate developers to develop properties at the old factory site, and the relationship between the two parties was relatively good.
This time, New World's 16% stake in Hong Kong Industrial actually controls the group's multi-phase development rights in Discovery Bay.
At that time, it was rumored that the site of the new airport had been confirmed, and that an undersea tunnel and a cross-sea bridge would be built on Lantau Island to connect Hong Kong and Kowloon.
The market believes that the development of Discovery Bay will be a very foreseeable investment.
Zheng Jiachun's first cry was already extraordinary.
In the same month, Cheng Jiachun spent HK$744 million to acquire the entire equity of Gili Industrial.
Ji Lap's main asset is a property located in May Road, Mid-Levels. If it is demolished to build luxury residences of 517,400 square feet, the land price per square foot (note: it is a garden-style house) will be HK$1,438.
This was an expensive land price at the time, and the properties would be launched gradually after 1992. Including interest and construction costs, the cost was estimated to be HK$2,300 per square foot.
Many people in the industry believe that based on the current growth rate of the property market, there will only be small profits by then; others believe that if there is a political turmoil, real estate will hit rock bottom and New World will be hard-pressed to recover all its money.
Real estate is a big gamble - on this point, Zheng Jiachun's "adventurous spirit" does not allow his father.
Zheng Jiachun believes that land prices are always getting more and more expensive. You are not afraid of paying for it, but you are afraid of buying the wrong one. Mid-Levels is a traditional high-end residential area, which is consistent with the high-end route pursued by the New World.
Zheng Yutong invited Wu Jianye this time because Yu Zhi Investment, a subsidiary of Yiwang Group, is the second largest shareholder of New World. Now that he is in a purely official position, there are several big moves. Zheng Yutong hopes to get Wu Jianye's support.
.
And this time Zheng Jiachun came in person to accompany the two of them to play golf, which actually meant the same thing.
"The key is persistence. I have no objection to purely official decisions. The real estate industry has always been one of the pillar industries in Hong Kong. It will definitely get better and better in the future development, but the development path will definitely not be the same."
It will be smooth sailing. If Chunguan can persist, I am optimistic about this investment." Wu Jianye squatted on the ground and looked at the distance between the golf ball and the hole.
Zheng Jiachun stood aside and nodded slightly. Wu Jianye seemed to be a big mountain above the head of the second generation in Xiangjiang. Some of them were even older than Wu Jianye in terms of age. But Wu Jianye's current achievements in Xiangjiang,
Even their parents can't compare.
This made these people regard Wu Jianye as their goal, to catch up and surpass him.
But no matter what, Wu Jianye was able to agree with his decision, which made Chunguan very happy.
However, when Wu Jianye finished this shot, he said: "When I bought shares in New World, I told Zheng Weng that buying shares in New World was purely based on the development of New World. So in the past, Zheng Weng did
We all agree with the decision made. However, now that Pure Official has begun to take over New World, I think Pure Official will definitely make bigger moves in the future, but doing so will inevitably increase New World’s debt ratio. Now
Today, New World's debt ratio is only 10%, making it one of the healthiest group companies in Hong Kong. However, if New World's debt ratio is increased in the future, I think it will have a certain degree of impact on shareholders. I hope that pure officials will be able to
Take countermeasures!"
Zheng Yutong was also observing the distance between his ball and the hole, and had no intention of answering Wu Jianye's question. Obviously he also wanted to see how his son responded to Wu Jianye's question.
And this can also be seen as Wu Jianye's test against Zheng Jiachun.
Zheng Jiachun said with a confident smile: "I think this should not be a problem. As Director Wu said, New World is now one of the group companies with the healthiest financial situation in Xiangjiang, even if it increases its liabilities in the future
The rate will not have a big impact, and the investments I am optimistic about are investments with good long-term returns. I think investors will believe in New World."
After finishing speaking, he looked at Wu Jianye's noncommittal look and continued: "Moreover, our New World also has its own plans, such as selling some high-quality assets outside the core business of the group company in exchange for a large amount of cash."
"You are old, you young people can cooperate more. I also hope that Director Wu can give some guidance." Zheng Yutong walked forward with the club, leaving the space for Wu Jianye and Zheng Jiachun.
Wu Jianye smiled understandingly and said: "So, Chun Guan wants to cooperate with us once?"
Zheng Jiachun nodded and said: "Yes, Director Wu, you should also know that Xiangjiang Shipping has always been one of the important assets of New World. Now in order to deal with the acquisition of the equity of Gili Industrial, we are preparing to sell all the shares of Xiangjiang Shipping
Director Wu's Yiwang Group has been a large-scale comprehensive consortium in Hong Kong since its establishment, but it has rarely been involved in the shipping industry. If it can acquire Xiangjiang Shipping, I think it will also be a powerful force for Yiwang Group.
Supplement!”
Wu Jianye smiled faintly, as expected, he had no real friends in the shopping mall. Zheng Jiachun was plotting against him.
In 1983, Zheng Yutong went against the current and purchased 60% of the equity of Xiangjiang Shipping for US$20 million during the cold winter of the shipping industry. Because Zheng Yutong miscalculated the cold winter of the global shipping industry, Xiangjiang Shipping suffered losses every year.
, it has become a heavy financial burden for the New World in recent years!
Now Zheng Jiachun obviously wants to abandon Xiangjiang Shipping, and Wu Jianye is the buyer he has found.
Wu Jianye thought for a moment and asked: "At what price does New World intend to sell New World's 60% stake in Xiangjiang Shipping?"
Zheng Jiachun was delighted when he heard Wu Jianye's inquiry, but said very calmly: "Currently, Xiangjiang Shipping has 11 container ships and 14,000 containers. If Yiwang Group is willing to take over, it can be sold for 1 billion Hong Kong dollars."
Yiwang Group, Director Wu should know that the global shipping industry has begun to slowly recover, and I believe this is also a very good business for Yiwang Group."
Wu Jianye smiled at Zheng Jiachun and said, "One billion is impossible. If Chun Guan really wants to sell, for 700 million Hong Kong dollars, I can make the decision to buy him today!"
Zheng Jiachun frowned slightly. The high price of 1 billion was naturally raised by him on purpose. In his mind, the price should be 800 million Hong Kong dollars, but now Wu Jianye directly said 700 million, which made it difficult for him to accept it for a while.
Wu Jianye saw that Zheng Jiachun was hesitant, and then smiled and said: "Chun Guan, I like to cut through the mess with a quick knife when doing business. Coupled with my relationship with Zheng Weng, the price of 700 million is the last low price of Yiwang Group.
, if Pure Official doesn’t agree, we will have to find another buyer!”
Zheng Jiachun thought for a moment, then smiled: "Okay, since Director Wu said 700 million, then 700 million!"
Wu Jianye also smiled: "Okay, for the rest, just contact Yan Wen directly!"
Zheng Jiachun thought that he had gotten rid of a burden of the new world, but Wu Jianye knew clearly that the cold winter of the world shipping industry had indeed passed. Starting from this year, the shipping industry had indeed begun to recover. By the early 1990s, the shipping industry
Although the industry has not officially entered a period of rapid development, its level has returned to the level of the previous peak period of the shipping industry.
Yiwang Group's takeover of Xiangjiang Shipping has supplemented the shortcomings of its own group. From an investment perspective, it is also a sure profit without losing money. The baggage that Zheng Jiachun is eager to sell is actually a cornucopia.
After the two agreed to cooperate, Chun Guan was the first to leave the golf course.
Zheng Yutong looked at his son's background and smiled bitterly: "He is still a bit young. Director Wu, you have to treat me today!"