The stock market crash will not discriminate whether you are a Chinese-owned company or a British-owned company. At most, companies with a long history, good management, and sound investments will be less hit.
Just like Big Mac, HSBC and Jardine Matheson in Hong Kong!
But it’s just these two companies.
In addition to them, other British-owned companies have been affected to a greater or lesser extent, and the most serious one is Hutchison International under the management of Qi Dezun!
Under the management of Qi Dezun, Hutchison International has developed rapidly and entered a period of great expansion. It has successively acquired Huangpu Dockyard, Watsons, Junyicang, Dehuibao Matheson, Taihe Matheson, and Qichang Matheson, etc., subsidiaries and associates in its heyday.
There are as many as 360 companies, and their businesses include real estate, finance, insurance, hotels, shipping, docks, warehouses, cotton and wool textiles, automobiles, foreign wine, soft drinks, pharmaceuticals, import and export trade, etc.
It is one of the largest commercial organizations in Xiangjiang, and its strength is second only to Jardine!
However, it is precisely because of Qi Dezun's rapid expansion that Hutchison International's cash flow has been tight. In addition, Qi Dezun previously acquired 190,000 shares of the milk company's stock from Chu Huan.
This makes things even worse.
Then the stock market crash hit, and Hutchison International was severely hit.
On weekdays, it seems that British-funded consortiums like Hutchison International are superior in Hong Kong, and even always appear to be superior to Chinese-funded consortiums. But now there is a problem, and the solutions they can think of are similar to those of Chinese-funded real estate companies.
They all want to stop the bleeding on Huayecheng's body.
It's just that Qi Dezun was used to being aloof in the past. This time, it was always a bit embarrassing for him to take the initiative to ask Chu Huan to join.
But Gui Lao is also very realistic. Although face is important, money is even more important.
Especially when Qi Dezun saw the performance of Sun Hung Kai Properties' stock price rising this morning, Qi Dezun became even more unable to sit still.
"I have cooperated with Chu Huan before. This time I am just looking for an opportunity to cooperate again. I don't want to ask for it."
After convincing himself in this way, Qi Dezun finally came to Jiahu Building!
When Xu Jian met Qi Dezun, he was still a little nervous. After all, he was the top person in Xiangjiang.
Qi Dezun, who still maintained his momentum, came to Chu Huan's office under the leadership of Xu Yi.
"Mr. Taipan, why do you have so much time to come to my place today!"
After Chu Huan saw Qi Dezun, he smiled knowingly.
Qi Dezun laughed and said: "Ah Huan, you have made such a big move, of course I have to come over and congratulate you!"
Old fox, it’s already this time and you’re still trying to trick me!
Chu Huan said with a smile: "It's rare that Mr. Taipan is thinking about it. It just so happens that Mr. Taipan hasn't eaten yet. Can the two of us find a place to celebrate properly?"
Qi Dezun was stunned for a moment. What he just said was just polite. How come this Chu Huan couldn't understand the meaning?
Don’t Chinese people pay attention to implicit expressions that contain words?
While Qi Dezun was still thinking about the way Chinese people spoke, Chu Huan had already stood up and dragged Qi Dezun to go out.
"Wait, wait a minute!" Qi Dezun hurriedly stopped Chu Huan. He was here to negotiate, not to have lunch with Chu Huan.
Chu Huan appeared stunned on the spot and asked in confusion: "Is there anything else Mr. Senior Class has to do?"
"Ahem!" Qi Dezun coughed twice and said with a smile: "There are indeed some things I want to discuss with you, Ah Huan."
"Aren't you here to congratulate me?"
"I'm here to congratulate you, but at the same time, I have something to discuss!"
Chu Huan could only sit apart from Qi Dezun in disappointment, and then said: "Mr. Taipan, Hutchison International under your management is now the second largest company in Hong Kong after Jardine. How can you come to me, a junior, to discuss anything?
Woolen cloth?"
Qi Dezun asked Chu Huan to talk, and for a moment he didn't know how to continue the conversation.
But what needs to be said still needs to be said, so after some fussing, Qi Dezun revealed his purpose of coming to Chu Huan this time.
Hutchison International also wants to invest in Tianhai Real Estate and jointly develop the Huaye City project with Chu Huan.
He also stated his specific requirements. Hutchison International wanted to invest 200 million in capital to invest 20% of the shares. He would not participate in management and would only be responsible for dividend distribution.
"How about Ah Huan? My conditions are reasonable, right? Our company has already calculated that the entire Huaye City project has an estimated investment of one billion Hong Kong dollars, and our two hundred million Hong Kong dollars account for 20% of the shares. It is fair and just...
...
In fact, you, Tianhai Real Estate, have benefited from this matter. Now that you have launched such a Huaye City project, it has directly overshadowed many British-funded consortiums, especially Jardine and the Keswick family.
They look stingy, and they can't see anyone enjoying more glory than them in Xiangjiang.
So they must have interfered a lot with your Huaye City project, but it is different now. With the participation of Hutchison International, no company in the whole of Xiangjiang dares to make irresponsible remarks or even cause trouble.
Yes, it will save you a lot of trouble!"
Qi Dezun not only wants to invest in Tianhai Real Estate, but also wants to take advantage of this matter and leave a good reputation!
But when these conditions fell into Chu Huan’s ears, they were both right and wrong!
"Mr. Taipan, it turns out that you are here for this matter. Although we don't care about what Mr. Taipan said, we still thank him for his kindness. But I think we should forget about the cooperation, right?"
Chu Huan rejected Qi Dezun.
Qi Dezun was slightly startled, he did not expect that Chu Huan would reject him.
"Ah Huan, I know that young people want to do big things, but sometimes they have to act within their capabilities. Before you did the work of the Bureau Milk Company, Jardine already knew about it, and there was even a Michael Kaiser
I'm here to trouble you, but it's all a trivial matter, but now the Huaye City project you are presiding over, Ah Huan, is a super project of 1 billion Hong Kong dollars. Jardine will definitely take action. You need us and
Remember International!"
Chu Huan chuckled and said: "Mr. Taipan may still be unaware. Our project was directly negotiated with the Hong Kong Governor, Mr. MacLehose, and Mr. MacLehose also clearly guaranteed that our project can be completed smoothly, so
I see Mr. Taipan’s kindness and will not use it now!”
The ten-year public housing plan and the new town development plan were the plans that MacLehose valued most. He would not allow anyone to disrupt Chu Huan's Huaye City plan.
The construction of Huaye City ensured the population migration of the new town and the requirements for work and life.
At the same time, the excess developed land also provides suitable land for public projects.
It can be said that Chu Huan's Huaye City plan at this time was closely related to MacLehose's plan.
Although Yihe is not necessarily afraid of MacLehose, he still needs to give him the face he deserves.
Qi Dezun's expression froze again. He did not expect that Chu Huan would refute his most favorable conditions.
What should we talk about next?
You can't just say outright that you need Chu Huan's help, right?
This is too shameless!
"Funds? Where are the funds?" Qi Dezun suddenly thought of another reason and hurriedly said: "The Huaye City project requires an investment of 1 billion Hong Kong dollars. This is also a huge expenditure for your Huhua Real Estate and Sun Hung Kai Real Estate, right?
With our capital injection from Hutchison International, you don’t have to worry about cash!”
Chu Huan smiled easily: "If Mr. Taipan said this, it would be easier to solve. Although the entire Huaye City project will invest 1 billion Hong Kong dollars, it is not a one-time investment. The entire project will be completed in five stages.
, it’s just that the initial investment will be larger, and the subsequent investment can already use the funds returned from Huaye City, so it really doesn’t cost much!”
Qi Dezun naturally knew about this kind of thing. The 200 million in capital he said just now from Hutchison International was actually just a deposit. As long as he could collect 40 million in cash in the early stage, it would be enough for him to enter this project.
As for the remaining funds, I believe that Hutchison International has survived the impact of the stock market crash at that time. For Qi Dezun, it is no longer a problem.
But obviously, Chu Huan did not give Qi Dezun this chance!
"This, this..." Qi Dezun didn't know what to say to Chu Huan for a moment.
Seeing this, Chu Huan showed concern and said: "Mr. Taipan, this is not the first time that you and I have cooperated. Is there something wrong with you?
Don't worry, since the last time Mr. Taipan came to attend my engagement ceremony, the two of us have been friends. What we Chinese value is that friends help each other. If you really have something over there, just ask.
Got it!"
Hearing what Chu Huan said, Qi Dezun was suddenly moved.
What a good man!
This young man Chu Huan is a good person!
"Forget it, since you said so, Ah Huan, then I won't say anything anymore. Here's the thing..."
Qi Dezun talked about the current problems of Hutchison International.
"...So Ah Huan, we at Hutchison International need the Huaye City project very much. You can rest assured that as long as we, Hutchison International, can survive this difficulty with the help of the Huaye City project, then Ah Huan, you
You are our most friendly friend at Hutchison International. From now on, your affairs, Ah Huan, are our Hutchison International’s affairs."
I still haven’t told myself the truth... Chu Huan thought silently.
Although Qi Dezun seemed to have told Chu Huan about his difficulties just now, in fact, everything was an evasive description.
But this was enough. Chu Huan knew that he could no longer hang on Qi Dezun, otherwise he would disrupt his plan as soon as he came in, and his efforts to bring him into his own rhythm would be in vain.
"What did I think it was? It turns out that it is like this!" Chu Huan stood up directly and said: "Mr. Taipan, I have to say that you still underestimate me, Chu Huan. Since you and I are friends, now Qi Dezun
When Mr. Qi encounters difficulties, not to mention the Huaye City project, even if there is no such project, I will definitely find a way to help Mr. Qi Dezun!"
Qi Dezun suddenly showed a moved expression. Qi Dezun saw too many intrigues and deceptions in the shopping mall.
Now Qi Dezun was moved by Chu Huan's loyal behavior. At the same time, Qi Dezun felt shy because he had played around with Chu Huan before.
Thousands of words can be condensed into one sentence, Chu Huan is a good person!
"Ah Huan, I won't say anything anymore. Both I and Hutchison International owe you a favor for this matter!"
Chu Huan waved his hand and said: "Mr. Taipan, please don't say that. I don't think it's better. Since Hutchison International is in such a difficult situation now, then we shouldn't use cash for transactions.
How about I give 15% of my equity in Tianhai Real Estate to Hutchison International, and Hutchison International takes out 5% of the shares and transfers it to me personally?"
It is undeniable that Qi Dezun is definitely a top businessman, otherwise he would not have brought Hutchison International to a position second only to Yihe, but it must also be said that this person is actually inferior to people like Li Jiacheng, Guo Desheng, and Zheng Yutong. These people
Both were able to prepare in advance before the stock market crash, but Qi Dezun led Hutchison International to collapse in the stock market crash. This can already tell the highs and lows of both parties.
Moreover, Qi Dezun was actually brought into his own rhythm by Chu Huan from the moment he entered Chu Huan's office. Now that he heard what Chu Huan said, although he felt something was wrong, he did not doubt Chu Huan's intentions.
"Ah Huan, your suggestion is indeed a good one, but what I proposed before was 20% of Tianhai Real Estate's shares, and although our current stock price of Hutchison International has dropped sharply, our net asset value is still above HK$5 billion.
!”
Regarding Qi Dezun's doubts, Chu Huan affectionately pressed Qi Dezun on the sofa and said with a smile: "Mr. Taipan, I know that I personally took some advantage in this matter..."
This chapter is not over yet, please click on the next page to continue reading! Chu Huan did not hide the fact that he took advantage of it. In fact, even if he didn't talk about it now, Qi Dezun would be able to think of it in the future.
Within two years, Chu Huan did not want any gap between him and Qi Dezun. After all, whether he could get Hutchison International in two years would still need Qi Dezun's help.
"But the things here are still quite complicated. First of all, Mr. Taipan, you also know that Tianhai Real Estate is jointly operated by our Huhua Real Estate and Sun Hung Kai Properties. In fact, it is not only Sun Hung Kai Properties, but also joined New World Properties last night. This morning
I joined Hopewell Real Estate, and the conditions I asked them for were this..."
Chu Huan selectively told Qi Dezun about the terms of cooperation with Sun Hung Kai, New World, and Hopewell Properties.
"In business, although I personally am very willing to help Mr. Taipan, Mr. Taipan, you have also seen the terms of cooperation between me and their three real estate companies. If I give you the green light, it will offend the three of them. I
Mr. Taipan, you don’t want to see your friends misunderstood, right?
Qi Dezun now regarded Chu Huan as his closest friend and nodded subconsciously.
"And to be exaggerated, with my current reputation, if I can invest in Hutchison International, it should also have some impact on the stock price of Hutchison International. By then, Hutchison International will use the Huaye City project and my
Personal fame will definitely increase the stock price. When the time comes, this loss from me will definitely be made up for in the stock market.
It is even very likely that Hutchison International will be one of the first companies among Xiangjiang real estate companies to recover from the impact of the stock market crash. By then, Hutchison International’s development will naturally be a step ahead of other real estate companies!”
Chu Huan carefully 'analyzed' with Qi Dezun the benefits of investing in Hutchison International.
Qi Dezun nodded repeatedly after hearing this, thinking that what Chu Huan said was indeed reasonable.
"The most important thing is that in this cooperation, Hutchison International does not need to spend any cash. This is definitely the best news for Hutchison International now!"
Chu Huan continued to bewitch.
Qi Dezun continued to nod.
When Chu Huan saw this, he said nothing more. Chu Huan still understood the truth of saying more than enough. Now that Qi Dezun had entered the circle he had set for him, he believed that Qi Dezun would definitely not give up.
Sure enough, after a long period of consideration, Qi Dezun agreed to Chu Huan's request.
Finally, there is a discussion of some details.
After sending Qi Dezun away, Chu Huan sat on the sofa and let out a sigh of relief. The matter in Huaye City was finally settled.
With the participation of Sun Hung Kai, New World, and Hopewell Properties, Chu Huan's junior business alliance in Xiangjiang has begun to bear fruit.
At least in the future real estate industry, Chu Huan no longer needs to worry too much...well, in about ten years!
The addition of Qi Dezun's Hutchison International laid a good foundation for Chu Huan to prepare to acquire Hutchison International two years later.
But at that time, my opponent was Hong Kong's giant HSBC. I don't know what kind of bloody storm it would be like.
People in later generations will know that the reason why Li Jiacheng's Changshi was able to swallow up Hutchison International's successor, Hutchison Whampoa, was with the help of HSBC. But in fact, HSBC Holdings Hutchison was also in 1975.
when.
At this time, Hutchison International had not yet merged with its subsidiary Whampoa Dockyard, so it naturally did not change its name to Hutchison Whampoa!
After the stock market crash, Hutchison International never recovered, but Qi Dezun was not as calm as Hu Yingxiang. He was able to curb his expansion after the stock market crash and steadily consolidate his existing business. Instead, he abandoned the market in Xiangjiang and switched to
And it is expanding aggressively in overseas markets, hoping to use overseas markets to make up for the losses in the Xiangjiang market.
As a result, in 1975, all the accumulated problems broke out at the same time, leading to a crisis in a major project contract of Hutchison International in Indonesia. This caused Hutchison International to have difficulties with its capital turnover and was on the verge of bankruptcy!
HSBC saw this opportunity and became the largest shareholder of Hutchison Whampoa!
If Chu Huan can directly become the major shareholder of Hutchison International in this matter, then there will be no problems with HSBC in the future, and naturally there will be no astonishing move by Changshi to swallow the whale!
After figuring everything out, Chu Huan felt his stomach beating again. It was already two o'clock in the afternoon, and there were only two hours left before the press conference.
At that time, Guo Desheng, Zheng Yutong, Hu Yingxiang, and Qi Dezun will also come to the scene and jointly hold with Chu Huan this press conference that will shock Hong Kong and leave their name in the business history of Hong Kong.
Just when Chu Huan was about to take advantage of this free time to go out for something to eat, Xu Yi walked in again out of curiosity.
"Boss, contracts with Sun Hung Kai, New World, Hopewell Properties, and Hutchison International have been drawn up and copies have been sent to their companies. Do you want to take a look first?"
"Bring it over!" Chu Huan knew that her idea of going out to eat was in vain again.
Although these documents were all discussed between Chu Huan and Luo Dechen before, and there were at most some modifications in the number, Chu Huan still read them carefully word by word. After all, this is a big business with a scale of 1 billion.
Have to be serious.
Xu Yi also knew that Chu Huan hadn't eaten for a day, so when Chu Huan was reading the documents, he asked Chu Huan: "Boss, would you like to buy some food for you?"
Chu Huan did not raise his head, but simply waved his hand and said, "No need!"
Although he was already a little hungry, Chu Huan still didn't want to deal with it like this. Although Chu Huan didn't care much about the food, he still cared about the ceremony.
This chapter is not over yet, please click on the next page to continue reading the exciting content! When there are no conditions, a box lunch can make Chu Huan pat his belly and show a satisfied smile.
But once the conditions are met, Chu Huan needs to eat well and be full!
Although Xu Yi is now able to get good meals for Chu Huan, Chu Huan still feels that something is missing.
Few beauties?
Shaking his head, Chu Huan felt that he was not such a person, so he put this thought behind him and read the documents seriously.
After reading the contents of the document, Chu Huan called Guo Desheng and four others respectively and asked them if they had any objections to the contents of the document.
The general content and detailed conditions have all been discussed by everyone, but the content discussed previously has been put into practice in black and white.
So the four of them didn't have any opinions.
Xu Yi looked at where Chu Huan was calling, and felt quite emotional in his heart. If he had switched to another company, such a huge amount would have been discussed for a month or two, or even half a year.
As for Chu Huan, how long did it take?
A week?
Or two weeks?
Chu Huan negotiated partners even more quickly. There were some negotiations yesterday and some this morning, and it was settled in a few hours!
This boss is very powerful!
"Don't look at me with that look, you are not my type, be careful you end up with a broken heart!"
Chu Huan had already finished the phone call at this time, looked at his secretary looking at him blankly, and joked aloud.
Xu Yi's face turned red and she said dissatisfiedly: "Boss, you are not my type, and besides, I already have a boyfriend!"
There is nothing to do now. Chu Huan sat on the sofa and said with a smile: "We already have boyfriends. With your stupid look, be careful to let others deceive you!"
Xu Yi said proudly: "No way, my boyfriend is fine!"
Chu Huan laughed and said: "You are the woman who was deceived when she didn't realize that she was deceived!"
Xu Yi snorted, "I'm going to see how the scene is arranged."
After speaking, he turned around and left Chu Huan's office.
Chu Huan smiled and didn't pay attention. At this time, the phone in the office also rang. When Chu Huan answered the call, it was Cao Yunshang.
"How is the situation over there?"
Although Cao Yunshang didn't come over, he has been caring about Chu Huan's affairs.
Chu Huan smiled and said: "It's okay, everything is going according to plan."
Hearing what Chu Huan said, Cao Yunshang also laughed.
"I knew there wouldn't be any problems on your end!"
Chu Huan asked aloud: "How is it going over there?"
Last night, Chu Huan told Cao Yunshang that he could sell off the shares of Changshi and acquire the shares of Hopewell. The reason why Cao Yunshang did not come to accompany Chu Huan today was because he was doing this.
Cao Yunshang nodded and said: "It has already started operations, but there are not many people taking over the orders of Changshi stocks. It seems that it is impossible to sell all the previous ones."
Chu Huan also understood the current market situation and said: "I took it for granted before."
When reminding Cao Yunshang to acquire the shares of Changshi, Chu Huan had not confirmed the Huaye City project. If it was confirmed, he would definitely not let Cao Yunshang acquire the shares of Changshi.
Cao Yunshang said without paying much attention: "It doesn't matter, I have been reading the information of Changshi recently. I think even if this incident had not happened, the future development of Changshi would not be too bad. If their stocks
If you really can’t sell it, then consider it a long-term investment!”
Chu Huan nodded and said: "It seems that this is the only way it can be. Do you need cash over there? If so, I will ask Xu Yi to send you 10 million!"
Cao Yunshang was stunned for a moment and said, "Do you still have so much cash over there?"
Chu Huan said with a smile: "The Huaye City project will not start until at least next year. Besides, it is just a mountain reclamation project. Moreover, I have already made an agreement with Sun Hung Kai, New World, and Hopewell to acquire their shares."
The funds will not be given to them until October!”
Therefore, Chu Huan actually still has a lot of cash in his hands at this time!
When Cao Yunshang heard what Chu Huan said, he was not polite to Chu Huan and said directly: "Well, please give me 10 million!"
Chu Huan said: "It's not 10 million, it's 30 million, of which 10 million is for you, and the remaining 20 million will help me acquire shares of Hutchison International in the name of retail investors."
Although Hutchison International will not be hit by thunder until 1975, we can start preparing now!
It's just that this process is relatively long.
Cao Yunshang said: "Okay!"
After hanging up the phone, Chu Huan called Xu Yi back from the press conference and told her to transfer 30 million to Cao Yunshang's account!
Xu Yi expressed his understanding and went to work.
When the time came to 3:30 in the afternoon, the press conference was already crowded with reporters from TV stations, radio stations, magazines, and newspapers.
Not only that, they also had another group of people squatting at the door of Jiahu Building, wanting to see who was attending the press conference today.
So when they saw Guo Desheng, Guo Bingxiang, Zheng Yutong, Zheng Jiachun, Hu Yingxiang, Qi Dezun and others arriving one after another, they all showed excitement and swarmed forward to get first-hand news.
But these people did not accept interviews from reporters. Instead, they entered Jiahu Building directly and came to Chu Huan's office.
It's almost four o'clock.
All Xiangjiang citizens, as long as they have the conditions, squat in front of the TV, wanting to see the live press conference of this super project that shocked Hong Kong!