This is because Li & Fung Toys started selling "Fantasy Comics" peripherals last year. Without the "Fantasy Comics" peripherals, the entire Li & Fung Group's sales would have been only HK$84 million!
This year’s turnover is calculated as of October. By the end of the year, it will only be HK$110 million!
This is also the reason why Li & Fung Toys always wanted to get the peripherals of "Fantasy Comics" when they faced Chu Huan.
Because this piece has unconsciously become one of the most important products of Li & Fung Group.
Now Feng Guolun has brought an order of 100 million Hong Kong dollars.
This makes it understandable why Feng Guolun was so excited.
Calculated based on the profits from ready-made garments, if this order is completed, Li & Fung will earn a profit of HK$15 million.
For Li & Fung Group, this is life-saving money.
Previously, Feng Hanzhu required Feng's holding of Li & Fung to reach more than 51%, and ensured that the company could provide 50 million in working capital at any time.
However, they lost the lawsuit against Chu Huan's "Fantasy Comics" and directly paid "Fantasy Comics" 30 million Hong Kong dollars in compensation.
At this time, they only had 20 million yuan of liquidity left within Li & Fung.
Feng Hanzhu suppressed his surprise and asked with a trembling voice: "What kind of company is the other party? Is this order reliable?"
Feng Guolun said: "I have sent people to Europe to investigate, and I believe there will be a reply soon!"
In the 1970s when communications were underdeveloped, it was impossible to know every company in the world. However, Li & Fung's business is now mainly concentrated in North America. North American business accounts for 60% of the Li & Fung Group's company share, while Europe only has 10%.
Southeast Asia and Japan account for only 30% of the market, so they are naturally not that familiar with European companies.
"Yes, we must investigate clearly!" Feng Hanzhu repeated, and then immediately asked: "What conditions did the other party put forward?"
Feng Guolun said: "From the day the contract is signed, delivery will be made within three months. In addition, if there is a breach of contract, 300% of the total value of the garments will be borne as liquidated damages!"
Feng Hanzhu was stunned for a moment. There was no problem with the delivery time. Although it was a little late, it could still be completed as long as Li & Fung's energy was mobilized. However, the 300% liquidated damages were a bit too high, and they were still worth the full value of the garments.
If this transaction fails to be delivered on time, Li & Fung Group cannot afford the liquidated damages, and then Li & Fung Group will be in danger!
Feng Guolun continued: "In addition, I calculated that if we can complete this order, we will make a profit of 30 million!"
In the past, in the trade area, a 15% profit was already a very considerable profit. Now this business can actually have a 30% profit?
This once again made Feng Hanzhu fall into silence.
"Profits are not directly proportional to risks!" Feng Guojing mused: "Although the profits this time are already very high, if something goes wrong, it will be a huge blow to our Li & Fung Group!"
Feng Hanzhu nodded and said, "That's true."
Hearing what Feng Hanzhu and Feng Guojing said, Feng Guolun said anxiously: "But this order is too important to our Li & Fung Group. As long as this order is completed, we will have enough funds, even in the future
We can also form a long-term cooperative relationship with this customer, which can make up for our company's previous losses!"
Feng Muying also nodded slowly and said: "This is true, and I have just calculated it. According to the size of our Li & Fung Group, an order of 100 million Hong Kong dollars in three months should be completed, as long as there are no problems with the other party.
, we can definitely take over this business!”
As the head of Li & Fung Group, Feng Hanzhu was in a dilemma at this time. There were good and bad aspects to this matter, but the risk was too great.
"Daddy, now that we have absolute control over the company, we don't have to worry about Chu Huan's impact on us in the stock market. Now is the best time for our development. If we let this opportunity pass, wait until Chu Huan is free.
When dealing with us, we can also have more chips in our hands."
Feng Guolun persuaded.
This matter is led by him, and he naturally hopes to complete this cooperation!
Feng Hanzhu thought for a long time and said: "Didn't you already send someone to investigate this company? Let's wait until the investigation results come out!"
Seeing what Feng Guojing wanted to say, Feng Hanzhu interrupted him and said: "The matter is settled like this. Daddy knows what you want to do, but this order is indeed too big. If
The consequences of not completing it will be too serious, so we must be fully prepared!"
Hearing what Feng Hanzhu said, Feng Guojing had no choice but to nod.
...
Chu Huan came to Xiangjiang Club and met Shen Bi, the general manager of HSBC Bank, who had made an appointment before!
There are two Xiangjiang Clubs in Xiangjiang, one is the Xiangjiang Stock Exchange, and the other is the earliest private club in Xiangjiang.
Foreign businessmen in Hong Kong in the last century organized the Xiangjiang Club (referred to as the Xiangjiang Club).
The Xiangjiang Club is located near the mountains and the sea. It is elegant and luxurious. It has a dance floor, bar, coffee shop, chess (card) room, library, etc. Its members include foreign businessmen, Hong Kong government officials, royal officers stationed in Hong Kong, priests and doctors, etc.
foreigners.
At that time, no Chinese were allowed to enter the Xiangjiang Club.
But that was last century and earlier this century. Now, although Xiangjiang Club has been opened to the outside world, more foreigners are still willing to come here.
In the booth, Chu Huan saw Shen Bi waiting here.
"Manager Shen, I'm so sorry, I'm late!"
Chu Huan smiled and shook hands with Shen Bi.
Shen Bi's real name was Michael Sandberg, and he only took this Chinese name after coming to Xiangjiang.
Shen Bi smiled and said: "Mr. Chu is not late, I was just here early!"
After Chu Huan sat down, Shen Bi continued: "I haven't congratulated Mr. Chu yet. The sales of youth toys are gratifying, and Mr. Chu once again found a company that attracts money!"
The sales of youth toys have not been announced to the public. Although there are youth toys accounts at HSBC, the capital circulation only accounts for less than one-tenth of the entire youth toys!
But even one tenth was enough to surprise Shen Bi.
Chu Huan smiled modestly: "It's just luck. If it hadn't been for HSBC's help, it's hard to say whether Youth Toys could have been built!"
These were naturally polite words. Chu Huan was still talking about the HSBC loan last year.
Shen Bi did not delve into the matter, but just smiled and said: "If this is all luck, I think Mr. Chu must be a very lucky person!"
Chu Huan laughed and covered up the matter. Instead, he told the reason why he was looking for Shen Bi this time.
"Manager Shen, the Chinese Bank is actually not of much use to HSBC, but if it is given to us at Hang Lung, it will become the headquarters of my company in Hong Kong. I still hope that Manager Shen can open the door to convenience this time. , give the Chinese Bank to me personally, how about treating it as a favor that I personally owe HSBC?"
Shen Bi smiled and said: "Mr. Chu, you shouldn't come to me about this matter. You should go to the Feng and Li family, or go to Li Ka-shing. No matter what you think, you shouldn't come to us at HSBC." !”
At this time, Chinese Bank belonged to Chinese Real Estate, and Chinese Real Estate was jointly founded by Feng Pingshan and Li Guanchun of Xiangjiang. When Chinese Real Estate was founded, its business was very simple, only holding high-quality properties and securities, of which the most The one with commercial value is the Chinese Bank located on Pedder Street in Central, Hong Kong.
For a long time, the decision-making power of Huazhi has been jointly owned by the Feng and Li families. The two families have taken turns serving as the chairman of the company's board of directors. They do not have an advantage over each other and live in peace with each other.
Precisely because it is a company owned by a wealthy family, Huazhi has always enjoyed a high reputation in Hong Kong's upper class society, but ordinary citizens are rarely aware of it.
Huaqi has been inactive since its listing in 1968, and its stock trading is sparse. It is said that even some people in the securities industry who have been engaged in the securities industry for many years are completely unaware of it.
The reason why this stock became famous later was because it was sniped by Liu Luanxiong!
As for the transaction of the Chinese Bank, it has always been a secretive matter in later generations. Some reports said that the Chinese Bank was bought by HSBC. This was the reason why Cheung Kong and HSBC jointly rebuilt the Chinese Bank in the later period. Li Jiacheng also borrowed Taking this opportunity, I contacted HSBC and laid the foundation for the future of Snake and Whale Hutchison.
Some reports say that the Chinese Bank was actually acquired by Li Jiacheng. As for the reconstruction of the Chinese Bank, it was just the first cooperation between Li Jiacheng's Cheung Kong and HSBC.
Chu Huan had a certain degree of doubt about these two statements before.
If the Chinese Bank was acquired by HSBC, then why did the rebuilt Chinese Bank become the headquarters of Cheung Kong?
But if it was acquired by Li Jiacheng and the Chinese Bank was rebuilt, HSBC would probably not be involved.
Only when he came to this world and this thing actually happened, Chu Huan truly understood the reason.
In fact, the reconstruction of Chinese Bank is not the first cooperation between Lijiacheng and HSBC. The acquisition of Chinese Bank is the first cooperation between Lijiacheng and HSBC.
Or it can be said to be the first cooperation with Shen Bi!
The acquisition of Chinese Bank was apparently run by Li Jiacheng, but in fact, the financial backer behind the scenes was HSBC, the bank behind Shen Bi.
Although Shen Bi has been regarded as the successor of HSBC's big class at this time, this does not mean that Shen Bi does not need to show his own performance. On the contrary, Shen Bi needs to have more eye-catching performance to be able to make himself a success. I will secure that position in the future.
Li Jiacheng didn't know what method he used to get in touch with Shen Bi, and he didn't know what kind of contract the two parties signed privately. But what is certain is that Li Jiacheng was acquiring the Chinese Bank on the surface, but the Chinese Bank was acquired by Li Jiacheng. Its own rights and interests should belong to HSBC.
If we continue to follow this plan, Lijiacheng will really get the Chinese Bank after it was rebuilt and after paying a price unknown to outsiders!
As for why Shen Bi gave a speech after the Chinese People's Bank of China was rebuilt, the more likely reason is that the confidentiality measures for cooperation between the two companies were not very good, and even at that time, both parties had disdained to keep this secret.
Time was pulled back to the present, and the secret was still there, so Shen Bi told Chu Huan to ask him to contact the Feng and Li families of Chinese Real Estate, or contact Li Jiacheng.
Chu Huan said with a smile: "Manager Shen, let's not talk secretly in front of others. If it were just Lijiacheng, the Chinese Bank would already belong to Hang Lung Properties."
Shen Bi never thought that he would hide this matter from Chu Huan. Hearing what Chu Huan said, he laughed and said: "It seems that youth toys are really a profitable industry. Mr. Chu is really speaking very well at this time." Confident!"
Chu Huan smiled bitterly and said: "Manager Shen, if I really had the confidence, I would not invite Manager Shen to come out today. I have always been very proud of being able to cooperate with HSBC in Xiangjiang!"
HSBC cannot be in trouble now. Although on the surface, the revenue of Youth Toys has exceeded that of HSBC, this does not mean that Chu Huan is already more powerful than HSBC.
To put it simply, if Chu Huan and HSBC start a war at this time, all the malls that were previously leased to Youth Toys Store will definitely take back the properties immediately with compensation for liquidated damages.
The supply of raw materials from Jiahu Textile will also be stopped immediately.
Even the Huaye City project will encounter resistance.
The influence of HSBC in Hong Kong is not how much money it can make every year, but how many companies in Hong Kong are making money with the help of HSBC!
At this time, HSBC’s influence in Hong Kong can be said to be pervasive!
This is also the reason why Chu Huan must get Li & Fung Group, because Li & Fung Group is a very important part of supplementing Chu Huan's business sector. If he gets Li & Fung Group, Chu Huan will be less constrained by HSBC.
"Mr. Chu, I'm really sorry. The Chinese Bank is also very important to us at HSBC. We at HSBC really can't help with this matter!"
As mentioned before, Shen Bi has always been wary of Chu Huan, who is developing rapidly. If Chu Huan acquires the Chinese Bank, he will definitely rebuild it, and the assets under Chu Huan's name will definitely continue to exist. Growth, now Chu Huan already has a youth toy, if there is another Chinese bank, the pursuit of HSBC will be closer and closer.
In addition, Shen Bi admired Li Jiacheng very much and thought that it would be better to provide Chu Huan with the icing on the cake than to give Li Jiacheng help in times of trouble. Shen Bi was more optimistic about supporting Li Jiacheng's development.
So now Shen Bi doesn't really want to give up the Chinese Bank to Chu Huan, not to mention that this Chinese Bank project is an important achievement for him to ascend to the top class position of HSBC in the future!
Chu Huan frowned slightly. He didn't expect Shen Bi to be so determined. He had already lowered his attitude so low, but the other party still refused to give in.
"What if the subsequent financial situation of Huaye City is handed over to HSBC?"
Chu Huan knew that if he didn't come up with some trump cards at this time, it would be impossible to convince Shen Bi with words alone!
Sure enough, after hearing this, Shen Bi's brows began to beat. The companies currently cooperating between HSBC and Chu Huan include Hang Lung Real Estate and Black and White Imaging. The external financial transactions of these two companies are through HSBC's accounts, and the working capital is also deposited in HSBC. .
This is also the most important reason why Chu Huan has a good relationship with HSBC.
But people are greedy. Huaye City is a billion-dollar super project, and with the subsequent tenants of this project, it can be said that if there is such a project, even a company as powerful as HSBC will be a big help!
But...do you really want to agree to Chu Huan?
Shen Bi naturally knew that this matter would help him more, but as I said before, Shen Bi had always been wary of Chu Huan. In addition, Shen Bi was the most successful executive in HSBC's history. His vision must be beyond immediate interests, he looks further.
It is true that if he gets the Huaye City project, his performance will be better, but this matter will not have any impact on Chu Huan. More importantly, Shen Bi is worried that if he agrees to Chu Huan like this, he will give Chu Huan It creates the impression that HSBC can also be bribed!
In almost an instant, Shen Bi figured out this matter. He could not agree to Chu Huan, otherwise, Chu Huan's reputation would be even higher.
HSBC needs to suppress Chu Huan. Only in this way can Chu Huan understand that HSBC in Xiangjiang is the one who truly speaks the truth.
Although you, Chu Huan, are currently popular, it does not mean that we at HSBC should make way for you!
After thinking about this, Shen Bi told Chu Huan with a smile on his face: "Mr. Chu, I'm really sorry. Although we at HSBC are very interested in this matter, we still can't agree to it. The Chinese Bank is very important to us at HSBC!"
When Chu Huan came up with the Huaye City project and was rejected by Shen Bi, Chu Huan understood that this matter could not be discussed with Shen Bi.
If you can't talk about it, then don't talk about it!
Although Chu Huan is afraid of HSBC at this time, it does not mean that Chu Huan will be afraid of HSBC.
"If this is the case, then it seems that I can only find another place in Central!"
Chu Huan smiled.
"In fact, the Jiahu Building owned by Mr. Chu is located in Central. This building can be rebuilt!"
Shen Bi talked to Chu Huan with a smile.
"What Manager Shen said makes sense, maybe I should really consider it!"
After Chu Huan finished speaking, he stood up, said goodbye to Shen Bi and left.
After Chu Huan left, Shen Bi's face did not look relaxed. He had carefully investigated Chu Huan and knew that Chu Huan would never give up easily.
After thinking for a while, Shen Bi got up and went to the bar of Xiangjiang Club, dialed Li Jiacheng's number and asked him to come here now.
When Li Jiacheng heard that it was Shen Bi who asked him to go there, he did not dare to delay at all. After giving instructions from the company, he immediately took the car to Xiangjiang Club.
"Chu Huan came to see me just now. He also wants to travel to China!"
After Shen Bi saw Li Jiacheng, he preached directly.
After Li Jiacheng heard this, his brows jumped, and the past scene suddenly came to mind. He wanted to join Huaye City, but was rejected by Chu Huan. This has always been a regret in Li Jiacheng's heart.
But he didn't expect that Chu Huan would be eyeing the Chinese Bank just like him!
Li Jiacheng attaches great importance to the Chinese Bank, and even regards this matter as his most important project this year.
First, you can take this opportunity to connect with HSBC!
Second, Li Jiacheng is really optimistic about the location of Chinatown. This is the core area in Central. As long as it is taken over in the future, even if it does not rely on Huaye City, Cheung Kong Holdings will still become the most influential real estate company in Hong Kong. one.
Third, Li Jiacheng is also very optimistic about the future value of China Bank. Central is the core area of Hong Kong, and China Bank is the core area of Central. After the real estate industry in Hong Kong takes off again in the future, the value of China Bank will definitely increase by an unknown amount. Times!
In fact, Li Jiacheng was not wrong. The price paid to them by Chinese Real Estate for selling the Chinese Bank was HK$130 million. However, after 2010, the value of the Chinese Bank reached 20 to 30 billion.
"What do you mean, Manager Shen?"
Li Jiacheng is really worried that Shen Bi will tend to Chu Huan and end his cooperation with him. After all, compared with Chu Huan at this time, he is really... nothing!
Shen Bi smiled and said to Li Jiacheng: "Don't worry about this, I did not agree to Chu Huan's request. The Chinese Bank is still our goal!"
call......
Hearing Shen Bi's assurance, Li Jiacheng breathed a sigh of relief in his heart. As long as he had the support of HSBC, he didn't have to worry about Chu Huan's appearance.
"Manager Shen, I have to say that you are a person with a very strategic vision. In your hands, HSBC will become stronger and stronger in the future!"
In response to Li Jiacheng's compliment, Shen Bi just smiled, and then reminded: "But even with the support of our HSBC, according to my understanding of Chu Huan, he will not give up easily, so you still have to do this. Those who watch carefully must not relax, if Chu Huan takes advantage of it, it will be troublesome!"
It’s really troublesome!
If he didn't get the Chinese Bank, and eventually lost the Huaye City project, Shen Bi would really have failed to please both sides.
Li Jiacheng nodded seriously and said: "I will seize the time to contact Feng Xunfen again and try to get the Chinese Bank down as soon as possible!"
Feng Xunfen, the head of the Feng family at this time, his father Feng Pingshan, Jian Yueqiang's father Jian Dongpu, and Li Fuzhao's father Li Guanchun founded the Bank of East Asia, and then Feng Pingshan and Li Guanchun jointly founded Chinese Real Estate.
If the older generation starts a business together, the relationship will naturally be good, but someone later said that you should never start a business with a good friend.
This is not unreasonable.
In their second generation, the relationship between them is not so good. The three companies will fight for the power of Bank of East Asia in the future, and the other two will also fight internally because of Chinese real estate.
It was precisely because of the fight between the Feng and Li families that Liu Luanxiong had the opportunity to take over Chinese Real Estate!
But that’s all for another day.
At this time, the shift chairman of Chinese Real Estate is Feng Xifen from the Feng family!
Shen Bi nodded after hearing this and said, "I will also call them myself!"
After Li Jiacheng heard this, he immediately smiled and said: "This is the best!"
Shen Bi comforted Li Jiacheng and said: "Don't worry, with our HSBC coming forward, Chinese Real Estate will definitely give you face!"
Li Jiacheng complimented: "This is natural!"
The two of them then discussed the acquisition of the Chinese Bank in some details, in order to successfully acquire the Chinese Bank.
...
Chu Huan came to Hang Lung Center and found He Bingguang, "Raise the price for acquiring Chinese Bank and see the reaction from Chinese Real Estate!"
Just as Shen Bi guessed, Chu Huan would not give up on the Chinese Tour so easily.
Chu Huan had told He Bingguang before that he would handle this matter by himself. He Bingguang originally thought that Chu Huan could reach an agreement with HSBC, but now that he heard what Chu Huan said, he understood that the two parties had not reached an agreement.
"HSBC doesn't want to give up Chinese Banking?" He Bingguang couldn't help but asked Chu Huan.
Chu Huan nodded slightly and said: "That's true. Now it depends on who bids the higher price!"
He Bingguang said with some worry: "But if this is the case, we will have to confront HSBC head-on!"
Chu Huan looked at He Bingguang and asked calmly: "What, are you worried about HSBC?"
If He Bingguang's answer does not satisfy Chu Huan, Chu Huan will have to consider who to replace He Bingguang next.
He Bingguang smiled bitterly and said: "I think in the entire Xiangjiang business community, there should be no one who is not worried before going to war with HSBC!"
Having said this, the worry on He Bingguang's face disappeared, and instead he showed a determined and somewhat excited look, saying: "But it is not a company in Xiangjiang that has the qualifications to compete head-on with HSBC, so Chairman, don't worry , I will definitely not let you down!"
Chu Huan nodded with satisfaction. Although Chu Huan already had his own ideas on how to get the Chinese Bank, if his subordinates didn't even have the courage to fight against HSBC, then he would really keep it. It's no use anymore.
"The final price of Hang Lung Center's acquisition of Chinese Bank is 150 million, but it needs to be raised slowly, don't be in a hurry, the longer this time is delayed, the better!"
Chu Huan told He Bingguang.
He Bingguang showed a trace of doubt, but still nodded and said: "Understood."
After explaining the matter, Chu Huan asked He Bingguang to go out.
After He Bingguang left, Chu Huan sat there and began to review in his mind the real way to get the Chinese Bank.
In fact, for Chu Huan, it is not difficult to get the Chinese Bank.
The difficult thing is how to get the Chinese Bank without getting into trouble with HSBC. This is the most difficult thing.
And the key to this is actually Shen Bi!
Judging from these few contacts, Chu Huan has sensed Shen Bi's vigilance towards him.
"If I go to Sha Ya in person, I may be able to get the Chinese Bank from HSBC, but it will not fundamentally relieve Shen Bi's hostility towards me."
Chu Huan thought with some scratching his head.
Saya's term of office will not end until 1977, when it will be time for Shen Bi to take over, and his relationship with HSBC will definitely not be friendly in the end.
And Shen Bi is a capable person?
As the saying goes, if you can't solve the trouble, then solve the troublemaker!
Slowly, a complete plan began to take shape in Chu Huan's mind, but this plan still needed a key person!
Thinking of this, Chu Huan called Jiaku Consulting Company. Ma Jizu answered the phone. After hearing Chu Huan's voice, he asked: "Boss, what are your orders?"
"It's okay, I'm just asking about the company's situation!" Chu Huan suddenly took back what he was about to say.
Although Ma Jizu was a little confused about Chu Huan's call, he still told Chu Huan about the company's situation.
After hearing this, Chu Huan hung up the phone, walked out of Hang Lung Center, and said to Yang Wei who was driving: "I'll go to the company later and tell Ma Jizu that I'm waiting for him at home!"