335, Textile Melee, HSBC Director, Charitable Fund
Since the denim market situation has little impact on ordinary people in Xiangjiang, not many people pay attention to this matter.
More attention is paid to financial professionals and practitioners in the same industry.
Originally, everyone thought this was an evenly matched battle.
Although Jiahu Textile is now the largest textile factory in Hong Kong, textile factories such as Tianma Textile are not vegetarians. When the other dozen textile factories unite, it is still very difficult for Jiahu Textile to resist.
Then the two sides started a big price war. Tianma Textile Factory took the lead in lowering the price to ten percentage points, and then Jiahu Textile followed suit. Then Tianma Textile Factory lowered its price by 12 percentage points, and Jiahu Textile also followed up.
Tianma Textile had no choice but to continue to decline, while Jiahu Textile quickly caught up. Soon Liu Yinsheng and others discovered that no matter how many percentage points they dropped, Jiahu Textile could always be the first to do so.
Just keep up.
Who is happiest about such a price reduction?
Naturally, they are those European and American buyers. Originally, there were still some buyers who had a wait-and-see attitude, but as Xiangjiang Nanfeng Textile followed suit and joined in the price reduction, those European and American buyers could no longer sit still and began to enter the market crazy.
purchase.
Everyone understands that Jiahu Textile is competing for the market with textile factories headed by Nanfeng Textile and Tianma Textile!
On the contrary, Nanhai Textile, which once ranked first in the textile industry in Xiangjiang, has made no move.
In fact, Nanhai Textile only has no movement in the textile industry. In other industries, Nanhai Textile also has movement.
Soon many investors noticed something. Huaren Real Estate, a listed company under Chu Huan's name, merged with a real estate company called Nanhai Real Estate to form a real estate company called Huahai Real Estate.
This company did not have any formal information, but it only announced that it would focus on property rent collection. Through investigation by interested people, it was discovered that Nanhai Real Estate was actually a real estate company founded by Tang Jiqian, chairman of Nanhai Textile.
On that day, the real estate business that Chu Huan proposed to Tang Jiqian was not the traditional real estate development or commercial building trading business in Xiangjiang, but the acquisition of newly completed properties on the market to collect rent or wait for housing prices to rise before changing hands.
Sell it and make a profit.
The future housing prices in Xiangjiang will rank among the top three in the world. Properties with a thousand square feet are called luxury homes, and the price of such a house is more than 10 million.
Although Chu Huan does not need to keep the house for so many years, it is not bad to buy some houses to collect rent. After all, there are demolitions in Xiangjiang. Whether it is demolished in the future or sold when housing prices rise and it is considered profitable, it will be a good deal.
A good deal.
Even if you keep it in your own hands and wait for the value to increase, it is a good choice.
This is the same as some period novels. If you are reborn in your hometown in the 1970s and 1980s, if you don't hoard some real estate, it always feels like you have been reborn in vain.
As for the cooperation with Nanhai Textile, it is not that Chu Huan brought the Tang family with him specifically. The main reason is that the relationship between the two parties is good. It is impossible for Chu Huan to buy all the real estate in Xiangjiang by himself. One more friend means one more friend.
Fortunately, Tang Jiqian was also very optimistic about the real estate industry in Xiangjiang, and with the addition of Chu Huan, who was said to have the Midas touch, Tang Jiqian agreed to cooperate with Chu Huan after simply considering it.
1975 was the lowest real estate price in Hong Kong in the next few years. If the price drops again, it will be the time for the next round of stock market crash.
This is the right time to buy it!
Therefore, after discussion, the two parties decided that Huaren Real Estate would invest 70 million Hong Kong dollars and Nanhai Real Estate would invest 30 million Hong Kong dollars. The two parties would jointly form Huahai Real Estate to acquire new properties to be launched in Xiangjiang in the next two years!
However, after everyone learned about this matter, they didn’t pay much attention to it. They were more concerned about the infighting in the Xiangjiang textile industry!
With the addition of Nan Feng Textile, everyone began to think that the balance of victory was heading towards the alliance between Nan Feng Textile and Tianma Textile and other textile factories.
On this day, Tang Yunian came to Jiahu Building, and after chatting with Chu Huan for a while about Huahai Real Estate, he also mentioned this matter.
"Ah Huan, you are in trouble now. Nanfeng Textile has also joined in. It seems that these people are determined to carve up your Jiahu Textile's market share!"
Chu Huan leaned on his office chair, holding a can of Coke in his hand, and said with a smile: "The joining of Nanfeng Textile just seems to be more intimidating, but in fact, no matter how many people from both sides join now,
In the end, it was still a price war.”
Tang Yunian was stunned for a moment. He didn't expect Chu Huan to say that, but when he thought about it carefully, it was really the case. After thinking about it, Tang Yunian couldn't understand it.
"If this is the case, why would Nanfeng Textile join in? Chen Tinghua has always wanted to enter the real estate industry. Now is the time for him to use money. Isn't this using his own money to repay?"
Chu Huan sneered and said: "Of course someone has promised him a benefit. In fact, even if they don't want to join in, it won't work. I heard that Nanfeng Textile purchased a batch of new equipment some time ago in order to increase the number of employees.
Their output happened to catch up with the denim price war at this time. If they didn’t join, there would be no orders. Only by joining would they be able to get orders. Although they made less, they could at least maintain a balance of payments!”
Tang Yunian muttered: "That is to say, to maintain a balance of income and expenditure, now the price for both of you has dropped to 15%, which is not profitable at all!"
Chu Huan said indifferently: "There is still a little profit margin. If the textile factories unite, they will definitely have to reduce the price of raw materials. But if the price continues to drop, they will have no profit. Not only will they have no profit, they will even lose money."
Got it!"
"Why do they still do this when they know it's a lose-lose outcome?" Tang Yunian sighed.
This chapter is not over yet, please click on the next page to continue reading! Chu Huan chuckled and said: "That's because Nanhai Textile didn't participate. If you did, you wouldn't see it so clearly. Caibo Dong
Human heart!"
The market share of Jiahu Textile is really too tempting. Now that the war has reached this point, it can be said that both the enemy and ourselves participating in the war have become red-eyed. Everyone wants to kill the other party and then take control of the other party.
market share, and after experiencing this battle, Xiangjiang's textile industry is bound to usher in a pattern-changing division of interests.
So even if they lose money at this time, they still admit it!
This kind of behavior is actually a bit similar to the taxi wars of later generations. Both parties invested a lot of money regardless of the consequences in order to have a say in the market in the future. By that time, all the profits lost now will be recovered!
Tang Yunian smiled bitterly and said: "I just feel that if this internal friction continues, the buyers will be the ones who get the advantage in the end."
"The wool comes from the sheep, don't worry, this war will definitely not be what you think!" Chu Huan said firmly.
After hearing what Chu Huan said, Tang Yunian stopped worrying about this matter.
As Chu Huan said, everyone was killing like crazy. This was a war without gunpowder, but many people understood that if they lost, what they would face would be an abyss.
Soon, more and more people began to pay attention to this battle, and more newspapers began to report on it.
"Cowboy fight, standing or lying down!"--"True Report"!
"Zhen Bao" was the first to focus on reporting on this matter. First, "Zhen Bao" described the market price of denim in Hong Kong before the war, then reported the current price of denim, and finally described the production cost of denim.
"Obviously, both sides have begun to lose money at this time, but this battle is not over. Just when the reporter was writing this report, textile factories led by Nanfeng Textile and Tianma Textile had already lowered their prices.
It is 18 percentage points, which means that every order they receive next will cost them money. The more orders they receive, the more they lose. Jiahu Textile has also dropped by 18 percentage points as usual, which means that
They still haven't decided the winner.
Our reporter tried to interview the heads of various textile factories, but received no response. We don’t know why they are fighting this war, but what is certain is that there is no winner in this war. If we have to find a victory
If you are a buyer, then it can only be said to be those European and American buyers.
At this moment, almost 80% of European and American buyers have gathered in Xiangjiang. They are waiting for this battle to end. By then, they can get denim at the lowest price in history. By then, they will be
The ultimate winner of this battle..."
As the "True News" reported on this matter, the denim price dispute soon detonated throughout Hong Kong.
As mentioned in the report, many people cannot understand why this war was launched.
Countless media reporters rushed to major textile factories, hoping to publish some exclusive news, but like the reporters of "True News", they did not receive any response.
But soon, when they learned that both parties had reduced prices by 20 percent, everyone knew that Xiangjiang's textile industry was crazy.
‘What does it mean to be so crazy?’--"Oriental Daily"
‘There is no winner in this war!’--"Sing Tao Daily"
Smith was sitting in his room at the Peninsula Hotel, reading the English newspaper in his hand, and couldn't help bursting into laughter.
He never thought that he would stay in Xiangjiang for such a long time. Before coming, he thought that he would only stay in Xiangjiang for a week at most, but he did not expect that it has been two weeks now and he does not want to leave at all.
Let's see how far this price war that benefits them will continue.
But no matter what, the company behind him has already made a lot of money!
"Don't let it end. It's best if it never ends!"
Although Smith knew this was impossible, he still prayed silently in his heart.
But obviously, his prayer did not come true. After the price of denim dropped by 20%, there was no movement from Nanfeng Textile and Tianma Textile. Instead, each factory sent its most effective sales manager.
, began to contact European and American buyers who had arrived in Xiangjiang.
Of course, there are also people from Jiahu Textile among them, but the people from Jiahu Textile are not very active.
"Isn't this Chu Huan too crazy?" Feng Guojing looked at the newspaper in his hand and couldn't help but tell Feng Hanzhu.
Feng Hanzhu also held a newspaper in his hand. Although it was a different newspaper, the content he read was the same.
"It's a red eye, everyone is a red eye. I really don't know how many textile factories will be left in Xiangjiang's textile industry after this battle!"
Feng Hanzhu put the newspaper in his hand on the table, rubbed his eyebrows, and sighed.
Feng Guolun said from the side: "It is impossible to resolve this matter, but I think the Hong Kong government will take action soon, right?"
The textile industry has always been one of the important industries in Hong Kong's export trade. It is impossible for the Hong Kong government to sit idly by as Jiahu Textile, Nan Fung Textile, Tianma Textile and other textile factories are engaged in a life-and-death struggle.
Feng Hanzhu shook his head and said: "The Hong Kong government will definitely come forward, but it is unclear how effective it will be!"
Feng Guojing and Feng Guolun looked at Feng Hanzhu at the same time, unable to understand what Feng Hanzhu meant.
Feng Hanzhu said with a wry smile: "Let's not talk about the scale of this price reduction. Basically all the textile factories in Hong Kong have participated. The people behind these two forces cannot be persuaded by the Hong Kong government.
To exhort."
Chu Huan, there are tens of thousands of people directly eating with him in Hong Kong. This is tens of thousands of families eating with Chu Huan. Such influence means that in the current environment, the Hong Kong government must also take into account Chu Huan's influence.
force.
Not to mention HSBC, after all, this is the bank with the title of central bank in Hong Kong!
After a moment of silence, Feng Hanzhu asked Feng Guolun: "How is our company's order going?"
Li & Fung Group also has denim import and export business.
In Xiangjiang, not all textile factories have the strength to contact European and American merchants directly. Except for a few strong and large-scale textile factories, a larger part of the textile factories rely on trading companies such as Li & Fung Group.
.
Feng Guolun said helplessly: "All orders have stopped. Every buyer is watching when this denim price war will end!"
Although Feng Hanzhu had already guessed such a result, he still felt helpless when he heard Feng Guolun say this.
"Hurry up and contact our customers. In my opinion, the price will not drop anymore. If it drops again, these people will really be in trouble!"
Feng Guolun asked tentatively: "Daddy, Chu Huan is so rich. There is HSBC behind those textile factories, but Chu Huan is alone. Such losses will be incurred by Jiahu Textile as soon as they start placing orders."
At least hundreds of millions!"
Feng Hanzhu gave a bitter smile and said: "Does Chu Huan still have cash? I don't know how much cash he has? Another thing I will tell you is that according to the information I got, Chu Huan took out a loan from Standard Chartered Bank in the name of Jiahu Textile
150 million Hong Kong dollars should be used to prepare for this matter!"
150 million Hong Kong dollars!?
Feng Guojing and Feng Guolun were both a little stunned. They didn't expect Chu Huan to loan 150 million Hong Kong dollars for this matter.
But then the two of them breathed a sigh of relief because Chu Huan got the loan. Yes, it was because Chu Huan got the loan.
Before this, especially when Chu Huan successively acquired Golden Harvest, Chinese Real Estate, and China Entertainment last year and paid the final payment of the Golden Gate Tower, everyone was speculating on how much cash Chu Huan had.
In fact, at that time, everyone was not worried about how much cash Chu Huan had, but they were worried that no one knew how much cash Chu Huan had.
Now we can finally be sure of one thing, that is, Chu Huan has a certain amount of cash in his hand. Just count it, so that everyone doesn't have to worry so much.
Feng Guojing curiously asked Feng Hanzhu: "Daddy, this kind of thing should be kept secret. How did you know?"
Feng Hanzhu laughed and said: "It was the bosses of the textile factories who told me. They said Shen Bi told them this matter, so the credibility of the matter should be very high!"
Hearing that Shen Bi had revealed the news, brothers Feng Guojing and Feng Guolun had nothing to suspect.
Feng Guojing smiled and said: "It seems that Chu Huan put a lot of pressure on them. Otherwise, Shen Bi would not have revealed this matter to them."
Feng Guolun also said: "I'm afraid this is to encourage their morale!"
Feng Hanzhu said calmly: "That's Chu Huan, do you think it's someone else?"
The two brothers couldn't help but feel helpless when they thought about it. Yes, it was because the other party was Chu Huan that they were so nervous. Even Shen Bi had to come up with this news to cheer them up. If it were anyone else, they would be so nervous.
It’s time to raise the white flag!
"Pay close attention to this battle. Although we have sent raw materials to Chu Huan now, it is not certain who will win in this matter. Be prepared for both!"
After Feng Hanzhu paused for a moment, he ordered: "Guolun, please contact the people at Nanfeng Textile and Tianma Textile and tell them that we have some orders for denim and see if they are interested!"
The end of this battle will be at the expense of one party's withdrawal from the denim market, and Feng Hanzhu naturally understands this.
Brothers Feng Guojing and Feng Guolun nodded, this matter is indeed very important to them.
Previously, they were sure that Chu Huan would win this time, so Feng Guojing approached Chu Huan, hoping to help him in times of need.
But now the battle between the two sides is getting more and more fierce, and the situation is becoming increasingly unclear. Naturally, they have to prepare on both sides, and diversifying their investments is the way to go.
This kind of thing is not surprising in the business world of Xiangjiang. He Dong, the richest man in Xiangjiang, did this kind of thing in the earliest times, but what he invested in was not business, but war.
When He Dong made his fortune, it was when the army in his hometown was fighting. At that time, He Dong used money to support several armies in the separatist regime. Even the man in the northeast took money from He Dong.
Even now when the head of the He family joined the army, he joined the Northeast first.
Now Feng Hanzhu is just doing what his predecessors in the business world were doing.
...
Hong Kong Royal Golf Course!
Chu Huan and HSBC's senior manager Saya were playing golf on the golf course at this time. As for the life-and-death fight outside, neither of them seemed to care.
"Director Chu, did you let me in on that shot just now?"
Shaya preached happily at this time.
Chu Huan smiled bitterly and said: "Mr. Taipan, please stop teasing me. It's okay for me to play a sport like golf, but to compete with a master like you, to be honest, my mental quality is better."
, otherwise I won’t play with you at all.”
After hearing this, Sha Ya laughed and said: "Dr. Chu is so humble. Now that your business is on the right track, you should take some time to practice your football skills!"
Chu Huan shrugged his shoulders and said, "If Mr. Taipan is willing to teach you some skills, I will definitely be willing to learn them!"
Sha Ya smiled, picked up a golf ball on the ground, and the two walked forward side by side, "Director Chu, there is something that I wonder if Director Chu is interested in cooperating with?"
Chu Huan smiled and said: "Mr. Taipan speaks in person, no matter what the matter is, I will definitely have no objection!"
Hearing Chu Huan's answer, Sha Ya naturally became happier and said with a smile: "It's not a big deal, I just want to see if Director Chu is interested in becoming a director of our HSBC board of directors!?"
This chapter is not finished yet, please click the next page to continue reading the exciting content! To become a director of HSBC’s board of directors, you do not actually need to hold any number of shares in HSBC. After several generations of development, HSBC has already become a
Xiangjiang is a publicly listed company and does not have any large shareholders. Therefore, although HSBC's Taipan does not hold many shares in HSBC, he has absolute rights.
The directors of HSBC are more like a status symbol. For example, Bao Yugang and Jian Yueqiang are the directors of HSBC, but the shares they hold in HSBC are estimated to be less than 0.1%!
At this time, Chu Huan's influence in Xiangjiang naturally qualifies him to become a director of HSBC.
Chu Huan understood that this was Sha Ya's compensation for herself. Shen Bi had done so many things, but there was still no result. Chu Huan was so angry that he transferred the black and white imaging business to Standard Chartered, and also borrowed 1.5 from Standard Chartered Bank.
billion Hong Kong dollars.
Since Sha Ya followed Roy Bentley's advice and wanted to continue to win over Chu Huan, she naturally had to make some gestures on this matter.
And absorbing Chu Huan as a director of HSBC is the compensation provided by Sha Ya.
"I would be very happy if I could become a director of HSBC, but wouldn't this matter embarrass Mr. Taipan?"
Chu Huan asked Sha Ya.
Although neither party mentioned Shen Bi, it is undeniable that Shen Bi, as the general manager of HSBC, still has great power.
Sha Ya raised her eyebrows slightly. She didn't know if Chu Huan mentioned it accidentally or if she meant to sow discord, but she still smiled and said: "What's so embarrassing? Chairman Chu's strength in Xiangjiang is obvious to all. We at HSBC have always Based on the principle of supporting businessmen in various industries in Hong Kong to move towards a more successful path, if Director Chu can become a director of our HSBC, I believe that the entire HSBC will welcome Director Chu very much!"
Chu Huan smiled and said: "Since Mr. Taipan has said this, I naturally have no problem. Mr. Taipan can ask Roy to tell me what procedures are required to become a director of HSBC!"
Sha Ya laughed and said: "No problem!"
After the two of them fought for a while, Chu Huan said to Sha Ya: "Mr. Taipan, actually, I personally have something to ask Mr. Taipan!"
Sha Ya smiled and looked at Chu Huan. He thought Chu Huan would tell him about denim. Although Chu Huan had already borrowed 150 million Hong Kong dollars from Standard Chartered Bank, this amount of money was not a small amount after all. He thought Chu Huan wanted to use this money more to have a deterrent effect, expressing that he was willing to continue fighting with Shen Bi because of this matter.
But I don’t really want to lose the 150 million.
Now that Chu Huan mentioned to her that she had something to ask for, Sha Ya thought that Chu Huan should be talking about this matter.
"If Director Chu has anything to do, just ask him. If I can handle it, there will definitely be no problem."
Chu Huan smiled and said: "It would be great if that's the case. Here's the thing. I want to set up a charity fund in my own name. I will do my best to cooperate with various publicity activities of the Hong Kong government every year. But I My reputation in Hong Kong is limited, so I hope to cooperate with HSBC. Of course, I am personally responsible for the funds of the charity fund, but the operation of the fund will cause trouble to HSBC."
Sha Ya really couldn't figure out what Chu Huan meant this time. She originally thought that he was going to mention Shen Bi to her this time, but he actually told her about the charity fund.
This is the same as when he invited Chu Huan to become a director of HSBC. If HSBC Chu funds were not needed, HSBC would also gain reputation. In addition, it would deepen the cooperative relationship with Chu Huan, especially when Chu Huan made it clear The operation of the funds will be handed over to them, HSBC.
Sha Ya asked Chu Huan curiously: "I wonder how much money Director Chu plans to inject into this charity fund every year?"
Chu Huan smiled and said: "Ten million!"
Ten million per year is not a small sum. After Sha Ya heard this number, she could not understand why Chu Huan did this.
Naturally, he couldn't understand. In fact, only Jian Yueqiang knew the real purpose of this matter. Before, Chu Huan asked Jian Yueqiang to help him prepare a wedding surprise for Cao Yunshang, but Chu Huan's surprise was too surprising. Jian Yueqiang asked Mai
After Li Hao, MacLehose was also in a bit of a dilemma.
Finally, Jian Yueqiang reminded Chu Huan that if you want to complete this matter, you must have more social visibility, and the fastest way to gain social visibility is naturally to donate!
After receiving this reminder from Jian Yueqiang, Chu Huan approached Liang Risi from Jiaku Consulting Company and asked about ways to donate. In the end, Liang Risi's suggestion was to establish his own charity fund.
However, this charity fund Chu Huan will definitely not be used as a tax avoidance charity fund like the North American rich. This is just a charity fund that Chu Huan needs to achieve his own goals.
As for leaving it to HSBC, Chu Huan doesn't have to worry. Although the money is handed over to HSBC, and HSBC will make money from the charity fund through its own operations, the financial situation still has to be reported to Chu Huan.
The most important thing is that Chu Huan also has the right to terminate cooperation with HSBC.
Since she couldn't understand what Chu Huan meant, but was sure that this matter would not do any harm to HSBC, Sha Ya quickly agreed to Chu Huan's request!