No. 12, Mount Galley Road, Xiangjiang, Chu Family Manor!
Chu Huan and Cao Yunshang returned to Xiangjiang from North America. At this time, Cao Yunshang had already changed into a bathrobe, with her perfect body in a swimsuit wrapped in it. She was lying on the lounge chair on the rooftop of the third floor, where she could have a panoramic view of the entire Xiangjiang River.
In addition, there is an outdoor swimming pool next to it. Living at the highest point in Xiangjiang, they don't have to worry about anyone seeing the scene here.
At the same time, in addition to Chu Huan and Cao Yunshang, there are five girls here, Miao Kexiu, Lin Qingxia, Zhao Yazhi, Zhu Xiaozhao, and Gu Chengxi.
Lin Qingxia and Zhao Yazhi were playing in the swimming pool wearing swimsuits of two different colors, one black and one white. Miao Kexiu and Zhu Xiaozhao were grilling meat in the oven nearby.
Because there are no outsiders here, they are all very hot in their swimsuits
Although Xiangjiang has started to be sweltering in June, with the help of outdoor air conditioning, it is not that hot here.
Gu Chengxi sat curiously next to Cao Yunshang and asked Cao Yunshang about Chu Huan's fight with Ford Motor Company in North America.
At this time, Chu Huan only wore a pair of shorts and walked over with a can of frosty Coke in his hand. Seeing this, Zhu Xiaozhao walked over and handed Chu Huan a piece of freshly roasted chicken wings, and told Chu Huan to have some
hot.
“It’s still comfortable at home!”
Chu Huan took off his slippers and sat by the swimming pool. Upon seeing this, Lin Qingxia swam over and took the chicken wings from Chu Huan's hand, letting out a proud laugh.
Miao Kexiu glanced at Lin Qingxia dotingly, then brought Chu Huan another chicken wing, and sat down next to Chu Huan.
"Brother Huan, how long will you and Sister Yunshang stay in Xiangjiang this time?"
They already knew that Chu Huan and Cao Yunshang ended their honeymoon trip early and returned to Xiangjiang to wrap up the affairs of Hyundai Group.
If this matter is over, Chu Huan and Cao Yunshang will probably continue their honeymoon trip.
Facing the curious eyes of several girls, Cao Yunshang smiled and said, "Don't worry, Brother Huan won't go to Europe with me this time. He will stay in Xiangjiang."
After hearing what Cao Yunshang said, several girls showed more curiosity.
Especially Zhu Xiaozhao and Gu Chengxi, they knew that Chu Huan and Cao Yunshang's trip to Europe was not just a simple honeymoon trip, but also that Cao Yunshang wanted to acquire a Printemps department store in France and then enter the luxury market.
.
"Sister Yunshang, is there any problem with Brother Huan's cash flow?" Gu Chengxi asked curiously.
Cao Yunshang shook his head and said, "Of course not. Your brother Huan's cash flow will scare a lot of people to death. The main reason is that brother Huan also has things to do in Xiangjiang, so I am the only one going to Europe this time!"
What is more important than Cao Yunshang's acquisition of Spring Department Store?
It's actually Wheelock's business.
Although from the perspective of future generations, Wheelock's future development does not have greater development potential than the luxury goods empire, Xiangjiang is Chu Huan's base.
Moreover, with his battle with the Ford family in North America, his reputation has directly spread throughout Europe and the United States. If he continues to be so high-profile at this time, it is likely to cause some unnecessary trouble.
So after discussing with Cao Yunshang, Chu Huan decided to go to Europe to acquire Spring Department Store and leave it to Cao Yunshang alone.
In fact, this is also an opportunity for Cao Yunshang to train himself.
In Xiangjiang, relying on his father, the shipping king Cao Wenjin, and her husband, the richest man in Xiangjiang, Chu Huan, Cao Yunshang's business has been successful, so this time, Cao Yunshang also wants to prove his ability.
"Sister Yunshang, are you yourself?" Gu Chengxi rolled his eyes, hugged Cao Yunshang's arm, and rubbed his breasts against Cao Yunshang's arms, saying, "Are you lonely alone?"
"I'm not your brother Huan, please try another way!" Cao Yunshang pulled out his arm and said in disgust.
"No, haven't you seen that Brother Huan is happily chatting with Azhi now?" Gu Chengxi hugged Cao Yunshang's arm again and said coquettishly.
Cao Yunshang also looked at Gu Chengxi helplessly and asked, "Do you want to go to Europe with me?"
Naturally, Gu Chengxi had nothing to hide here. He nodded and said, "Yes, the "True News" only reported on Brother Huan's acquisition of Ford Motor's shares in the later period. This time I want to follow you all the way.
The acquisition of Printemps Department Store!"
Cao Yunshang did not answer Gu Chengxi immediately, but looked at Chu Huan, who was sitting by the swimming pool not far away and having sex with Zhao Yazhi.
Chu Huan, as if he had eyes behind his back, replied directly, "I don't care about this matter. It's your own business. You can just discuss it!"
Cao Yunshang looked at Gu Chengxi's big blinking eyes again, and finally said, "Okay, but every manuscript of yours must be shown to me first!"
Gu Chengxi immediately said happily, "No problem!"
In the swimming pool, Lin Qingxia, who had stirred up the water on Chu Huan, stood in the middle of the swimming pool and curiously asked Chu Huan, "Brother Huan, you came back so low-key this time. Even the media in Xiangjiang didn't get the news. Are you worried about them?"
Is it bothering you?"
Although Zhao Shizeng said that Chu Huan would definitely receive a hero's welcome when he returned to Xiangjiang this time, in fact Chu Huan didn't care about such things at all, so he came back very low-key. No media in Xiangjiang knew that Gu Chengxi knew.
But after receiving Chu Huan's order, it was naturally impossible for Gu Chengxi to reveal the news.
"Otherwise, how about we have such a relaxing moment now?"
As Chu Huan spoke, he kicked up some pool water and hit Lin Qingxia.
Lin Qingxia looked at Chu Huan with dissatisfaction.
Cao Yunshang came to Chu Huan and sat next to him. Zhao Yazhi, who was held in Chu Huan's arms, wanted to escape, but was pushed into his arms by Chu Huan.
"Did Zheng Zhouyong say when he would come?"
First under pressure from the Ford family, and then from the Park Chung-hee government and other chaebols in South Korea, Chung Ju-yong finally couldn't bear it anymore.
He took the initiative to call Chu Huan again and said that he would come to Xiangjiang in person to apologize to Chu Huan.
Chu Huan nodded and said, "He will fly to Europe first to show off, and then arrive in Xiangjiang in July!"
Zhu Xiaozhao and Gu Chengxi also walked to the swimming pool and sat down in a row. Gu Chengxi joked, "Zheng Zhouyong is thinking of coming here when his influence is reduced!"
Zhu Xiaozhao smiled and said, "After all, the other party is a stickler for words in South Korea and wants to save face!"
Regarding Chu Huan's business affairs, only Gu Chengxi and Zhu Xiaozhao could intervene, while Miao Kexiu, Lin Qingxia, and Zhao Yazhi were not involved at all.
At this time, when I heard Chu Huan and the others discussing this matter, I could only listen.
Cao Yunshang said with some worry, "This matter has become such a big deal now. Everyone in Europe, America, and Asia knows about it, and the reaction in South Korea is even stronger. I have asked someone about the situation in South Korea in the past two days, and they
Nowadays, there is a strong boycott of Jiaku series products!”
Hearing what Cao Yunshang said, Lin Qingxia who was playing in the water, Zhao Yazhi who was shy in Chu Huan's arms, and Miao Kexiu who was sitting not far away all looked at Chu Huan worriedly.
Although they don't understand business matters, they can feel that this matter is not over yet.
In response to this, Chu Huan just smiled and said without taking it seriously, "Everything has a time limit, no matter how sensational it is when it happens.
The products of the Gaku series have already penetrated into the bones of South Koreans, and they cannot really boycott them just by saying a few words of boycott.
The body is always smarter than the brain!"
The reason why Chu Huan is so sure is that, to be honest, it was a very sad thing that made Chu Huan understand this truth.
In later generations, those luxury brands repeatedly made remarks and actions that were unfavorable to their hometown, and even copied their hometown’s ancient horse-faced skirts.
But what is the result?
The scolding on the Internet is quite powerful, but does it delay these brands from making money in their hometown?
No!
No impact at all!
Then, those brands discovered that all you could do was protest and talk?
That's enough.
The result is that those brands will become more and more unscrupulous and blatant, while collecting money from Chinese people, while also collecting money from foreigners overseas because of their political correctness.
This is how people make money.
At this point, Chu Huan felt a little useless. He took sports brands as an example. Chinese people clamored to boycott those sports brands, and many celebrities terminated their contracts. As a result, a small group of athletes secretly started to fight with those sports brands.
Re-sign.
It’s really embarrassing, being thrown into grandma’s house!
The topic has gone a bit far, so to bring it back to this matter, Chu Huan has never worried that he will lose the South Korean market because of his conflicts with Hyundai Group and the protests of the South Koreans.
To put it bluntly, South Koreans have no choice at all.
It's the same as many South Koreans clamoring to punish the chaebol. The clamor is a clamor, but it doesn't stop them from consuming the chaebol's products at all.
Zhu Xiaozhao said, "But even so, the losses of the Jiaku Department in South Korea during this period are not small, right? At the same time, coupled with the time required to re-seize the market, the entire Jiaku Department will have to lose at least one or two billion."
?”
Chu Huan nodded and said, "Xu Yi sent us financial statements before. During this period, the company lost 1.6 billion Hong Kong dollars in South Korea."
Although the overall battle was won this time, it is undeniable that the losses in the South Korean market were real.
So this is why Chu Huan asked Zheng Zhouyong to come to Xiangjiang in person to apologize.
This is the first time that Chu Huan has suffered losses in business competition since his rebirth.
You have suffered a loss, and you still want to just apologize on the phone and be done with it?
Dreaming!
This time, Chu Huan not only wanted Zheng Zhouyong to apologize for his behavior, but also wanted to use Zheng Zhouyong's influence in South Korea to bring Jiaku's business in South Korea to a new height.
Any suppression is all for profit, and Chu Huan is no exception!
I felt relieved and relieved.
The next step is to think about profits!
"Didn't you agree that today is just for relaxing? Why did you start discussing business matters again?"
Lin Qingxia in the swimming pool poured water to everyone.
Now Lin Qingxia is still just a 22-year-old girl, without the blessing of those characters in later generations, so lively and cute is her current personality.
Everyone laughed when they heard what she said. Several girls took off their bathrobes and jumped into the swimming pool wearing various swimsuits. Cao Yunshang, who was next to Chu Huan, immediately pulled Chu Huan down.
After the relaxed and lively life lasted for three days, these girls went to do their own things.
Cao Yunshang took Gu Chengxi and began to study the acquisition of Printemps Department Store in France. Zhu Xiaozhao flew to Japan. Yunhai Chain's progress in Japan was very smooth. The next step was to enter Taiwan and Southeast Asia, so Zhu Xiaozhao wanted to do the finishing work.
things.
Miao Kexiu, Lin Qingxia, and Zhao Yazhi are currently the most popular female stars in Hong Kong, and they each have their own activities and movies to shoot.
At this time, Chu Huan was suddenly the only one left in the manor.
Looking at the huge manor and getting familiar with the lively Chu Huan, he felt a little uncomfortable for a while.
Fortunately, there will be work to fill Chu Huan's time.
Qi Dezun took a car to Chu Huan's manor.
"Ah Huan, what you did in North America really shocked the whole of Hong Kong!"
Qi Dezun, who followed the manor's servants to Chu Huan's study, immediately told Chu Huan about Chu Huan's stay in North America.
It has been more than a week since Chu Huan acquired shares of Ford Motor and became a shareholder of Ford Motor, but now the media and newspapers in Xiangjiang are still talking about this matter, so we can see the influence of this matter!
"Mr. Taipan, the matter has passed. There is no point in talking about it anymore. Let's talk about Xiangjiang!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Chu Huan said with a smile.
Qi Dezun praised, "If this matter had been dealt with by someone else, I'm afraid it would have been a prty for several days in a row. Ah Huan, how could you just write about it so lightly?"
Chu Huan opened a prty, but it was on a small scale. It was more of a thank you than a celebration.
Although Guo Bingxiang and others received very little attention in the battle to acquire shares of Ford Motor Co., they actually helped Chu Huan a lot.
If they hadn't come forward, Chu Huan wouldn't have been able to stabilize Ford Motor's shareholders so easily.
Naturally, it cannot be so smooth.
So after returning to Xiangjiang, Chu Huan invited Huo Shahuang, Guo Desheng, Feng Jingxi, Lao Kadoorie, Zhao Congyan, Tang Jiqian, Zheng Yutong and others to the manor and held a thank you banquet.
It's just that this thank you banquet was very low-key, so outsiders didn't know about it.
"How are the discussions about Wheelock going?"
Chu Huan knew that if he continued to talk about this kind of thing, it would be endless, so he decisively brought the topic to the acquisition of Wheelock.
Wheelock was founded by Zuo Zhimaden in 1925. It was named D at that time and mainly engaged in shipping, warehousing and other businesses.
In 1932, the company merged with Shenghai Tow and Barge Co., Ltd. and was officially reorganized into Wheelock Co., Ltd., and its business expanded to the fields of steel, insurance, real estate and trust investment.
In 1941, after the outbreak of the Pacific War, Wheelock temporarily moved its headquarters from Shenghai to London, England.
After the war, Zuo Zhimaden brought Locke to Hong Kong and made it the main place of business. However, Zuo Zhimaden was not very confident about the prospects of Hong Kong, so Wheelock was the most important among the four major foreign banks.
Value ocean shipping with high maneuverability.
George Madden retired and John Madden succeeded, although John Madden compressed Wheelock's shipping business and strengthened its performance in real estate and retail.
For example, the listed company Heung Kong Cable Co., Ltd. was reorganized and renamed Heung Kong Real Estate Trust Co., Ltd. as the group's flagship company for developing real estate business.
Then in 1968, it acquired Lane Crawford, which has a long history in Hong Kong. At the same time, it acquired Hua Department Store, one of the four major Chinese-owned department stores in Hong Kong, through Lane Crawford.
But in fact, in John Madden's heart, shipping is still the most important, so in 1971, Wheelock reorganized its listed company Steel Co., Ltd. and changed its name to Wheelock Shipping Co., Ltd.
Defeng develops the flagship company in the shipping industry.
In addition, there is also an associate listed company under Wheelock, which was originally a company whose main business was securities investment, but it also gradually turned to investing in the shipping industry under the leadership of John Madden.
In 1973, the fleet under the joint enterprise formed Baofu Development Co., Ltd. and was listed in Hong Kong.
Up to now, Wheelock has 49 direct subsidiaries, including listed companies Real Estate Trust, Commonwealth Real Estate, Charlie Wan Development, Lane Crawford, Wheelock Shipping, United Enterprises and Baofu Development, etc., and these subsidiaries
The company also has approximately 180 subsidiaries and 20 private companies, forming a large diversified comprehensive enterprise group.
During this period, Wheelock's operations have covered investment holding, merchant banking, finance, securities, futures trading, shipping, trade, wholesale and retail, real estate, aviation, tourism, insurance and manufacturing, etc. The scope of investment has also extended from the Far East
To Southeast Asia, Australia and North and South America.
However, overall, Wheelock's core business is still real estate and shipping in Hong Kong.
After understanding the development of the world's shipping industry in the future, Chu Huan's goal was naturally not Wheelock's shipping industry, but Wheelock's real estate and retail.
The most important thing is that Wheelock has some overseas investment businesses, which can help Chu Huan open the local market in the shortest possible time.
Today, Wheelock's shipping companies, including Wheelock Shipping, United Enterprises, and Baofu Development, have a total of 30 ships with a carrying capacity of more than 1.4 million tons.
It is a very important shipping group in Hong Kong.
However, it is precisely because of this that most of Wheelock's investments in the real estate industry were taken away by the Zhang Yuliang family, and the shipping industry has always been a burden to Wheelock, resulting in Wheelock's profits declining year by year in the past few years.
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In 1973, Wheelock's recurring profit reached HK$1.8 billion. In 1974, it fell to HK$69 million. In 1975, it dropped to HK$29 million.
This has also led to Wheelock's stock price continuing to fall. Wheelock, which originally surpassed Qingzhou Yingni, based on the current stock price, has a market value of only HK$71.3 billion at this time!
But Chu Huan understood that this was only due to the general environment in Xiangjiang.
In another ten years, Wheelock's market value will exceed HK$2.5 billion. This will be achieved despite heavy losses in Wheelock's shipping industry.
Without the drag from the shipping industry, Wheelock's market value would be even higher.
Therefore, for Chu Huan, now is the best time to acquire Wheelock.
If Chu Huan had not appeared, John Madden of Wheelock would have contacted Wheelock Land in October this year to seek acquisitions. But now because Chu Huan notified Qi Dezun in advance, John Madden's idea of selling Wheelock
Not only was it ahead of schedule, but it was also transferred from Land to Hehe International.
"Today, the biggest problem in acquiring Wheelock is not John Madden, but the Zhang Yuliang family. They value Wheelock's real estate companies very much and do not want to sell their shares."
After discussing with Chu Huan, Qi Dezun told Chu Huan about the difficulties of acquiring Wheelock.
After establishing Heung Kong Real Estate Trust Co., Ltd., Heung Kong Real Estate Trust acquired the Zhang Yuliang family's Federal Real Estate Co., Ltd. by issuing new shares and exchanging shares, and the Zhang Yuliang family also became Wheelock's major shareholder, with a total shareholding of
More than the John Madden family.
This chapter is not over yet, please click on the next page to continue reading! However, Zhang Yuliang is a low-key person, and he does not want too many people to know about his family's business, so except for a few people, no outsiders know about this matter.
In 1973, Real Estate Trust founded Charlie Man Development Co., Ltd. to develop real estate business in various districts of Hong Kong.
In addition, Wheelock also adopted a B-share strategy. In January 1972, Wheelock's board of directors announced that it would convert 10,000 issued ordinary shares into shares, and every two shares would be converted into one B share, with each B share
The par value of the shares is 1/10 of the shares, but they have the same voting rights as the shares.
In July 1972 and June 1974, Wheelock issued B shares in large quantities twice.
At that time, insiders estimated that Wheelock’s main purpose was to regain control of the board of directors.
The board of directors has guaranteed control of Wheelock, but in fact there are many conflicts within Wheelock.
Wheelock's two major shareholders, John Madden valued the shipping industry, and Zhang Yuliang valued the real estate industry. The two parties had been at loggerheads for a while. In the end, John Madden was in charge of the shipping industry, and Zhang Yuliang was in charge of the real estate industry. This eased the situation between the two parties.
contradiction.
Let's still look at Wheelock now from the perspective of future generations. In fact, after surviving this period, Wheelock's profits in the next few years will still be very impressive. For example, in 1981, Wheelock's pre-tax profits
It reached a terrifying 100 million Hong Kong dollars.
That’s almost double Wheelock’s current market value!
Unfortunately, because John Madden still believed in the shipping industry, by 1983 Wheelock's pre-tax profit was only HK$36.8 billion.
Back then, John Madden sadly announced that it was the most difficult year for the manager of Wheelock Shipping International Co., Ltd., the Group's main shipping subsidiary!
By 1984, Wheelock Shipping, which was heavily in debt and faced the threat of liquidation, was forced to sell its ships at low prices.
The plight of Wheelock Shipping triggered a conflict between the two major shareholders of Wheelock Group, the Madden family and the Zhang Yuliang family.
It turned out that Wheelock Shipping had ordered two cargo ships from Denmark in 1981, with a total value of more than US$400 million. However, the ships were still under construction, and global shipping had entered a recession, putting Wheelock Shipping under pressure.
In 1983, Wheelock Shipping wanted to seek financial support of approximately US$12 million from the real estate trust of the same family, but was rejected by the real estate trust with the Zhang Yuliang family as the major shareholder, forcing Wheelock Shipping to borrow 4 million from the parent company.
US dollars to meet urgent needs.
For this reason, the conflict between Wheelock's two major shareholders has completely intensified.
Although there are still several years left before 1983, Wheelock's two major consortiums are still fighting fiercely behind the scenes.
Although Chu Huan looks down on Wheelock's shipping company, it is undeniable that although the current oil crisis has had some impact, it has not yet reached the point of destroying the shipping industry.
Therefore, many people are still very optimistic about the shipping industry and believe that this crisis is only temporary and that as long as it gets over, it will be fine.
This also makes Wheelock's shipping companies, mainly Wheelock Shipping, very marketable. When Chu Huan takes control of Wheelock, he will start planning to sell the shipping industry.
It is absolutely possible to make a fortune, and even earn back the funds used to acquire Wheelock.
The real estate industry is a long-term plan, while the shipping industry is a short-term goal to withdraw funds.
Since John Madden wants to sell Wheelock, there must be no problem with Wheelock's shipping industry. The problem lies in the real estate companies controlled by Zhang Yuliang.
In fact, this matter is a bit troublesome. Chu Huan acquired Wheelock in the name of Hehe International, which means that Chu Huan cannot personally intervene in this matter.
Naturally, Chu Huan's methods against Zhang Yuliang cannot be used.
"Zhang Yuliang has no feelings for Wheelock. All he values is the value of those real estate companies. First, discuss with them whether they can get their Wheelock shares at normal prices. If not, then
Just get John Madden’s Wheelock shares first!”
Chu Huan preached.
As long as Hehe International acquires John Madden's shares in Wheelock, then combined with the Wheelock shares already held by Hehe International, it will surpass Zhang Yuliang and become Wheelock's largest shareholder.
By then, as Wheelock's largest shareholder, Hehe International, with the support of Chu Huan's capital, would be extremely easy to deal with Zhang Yuliang.
Qi Dezun nodded and said, "If this is the case, Zhang Yuliang can stop thinking about it, but there is still something that needs to be considered!"
Chu Huanxiao asked, "What's going on?"
"The funds needed to acquire Wheelock!" Qi Dezun said, "Although Hehe International has begun to make profits through reform and downsizing, the cash in hand is still not enough to support Hehe International's acquisition of Wheelock!"
Qi Dezun talked about the second problem we are facing now.
Chu Huan smiled and said, "You don't have to worry about this, I can help you with funds!"
Qi Dezun was stunned, "After acquiring the shares of Ford Motor Company, you actually still have the energy to support Hehe International's acquisition of Wheelock?"
It's not available now, but it will be available in July.
Chu Huan smiled and said, "You don't need to worry about this. Let's study the acquisition of Wheelock first!"
Qi Dezun said, "As long as the funds are sufficient, there will be no problem, but if your funds come in, aren't you worried about those people knowing about our relationship?"
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