635, North America: Business opportunities are everywhere
Chu Huan came to New York this time mainly to inspect the construction of the World Financial Center.
As for the meeting of North American Jiaku, Chu Huan arranged it to be held in Los Angeles. At that time, the senior leaders of global Jiaku will gather there to report to Chu Huan on the status of the industrial chain for which they are responsible.
After resting in the manor for two days, Chu Huan arrived at the location of the World Financial Center in lower Manhattan. However, at this time, the World Financial Center here had not yet been completed, and it could even be said that construction had just begun.
The person responsible for this project is Marshall Allman, general manager of the North American Jiaku Investment Department.
Marshall Allman was originally an investment adviser at Harris Bank, and was later hired by David Maxwell to join the North American A library.
Working with Marshall Allman is Guan Yanbo, the former leader of the third group of the investment department of Xiangjiang Jiaku Corporation.
At the same time, this is also the first real estate project invested by Naijiaku in North America, and this first real estate project has reached an investment quota of US$1.5 billion.
Previously, Chu Huan left an investment fund of US$50 million to the North American AKB. Now this fund has been invested under the leadership of David Maxwell, but it is not included in the investment amount of US$1.5 billion.
"Look, Chairman, this is Cesar Pelli's design. According to the project progress, it will be completed in 80 years. By then, the entire World Financial Center will have become a landmark building in Manhattan..."
Marshall Allman introduced Chu Huan to the world financial center.
Cesapelli was born in Argentina and later immigrated to North America. He received a master's degree in architecture from the University of Tucumán in North America in 1954 and now serves as the director of the Yale School of Architecture.
Originally, the design of the World Financial Center was to be handed over to Cao Yunzu, but there were too many things in Asia that needed Cao Yunzu to do, so in the end Chu Huan decided to do this after a conference call with David Maxwell.
Or we should take the form of public bidding to find designers in North America.
In the end, Cesar Perry’s design was successfully selected.
There are four high-rise buildings in the entire World Financial Center, ranging in height from 33 to 50 floors.
It can be seen from the design plan that the exterior facade at the bottom of the building is made of granite, and the upper part is a large-area glass curtain wall. There is a glass-topped winter garden between the buildings, and there are two small octagonal buildings along the street, forming a pair of entrances.
Gatehouse.
At the beginning of the 20th century, the tops of many high-rise buildings in North America were retracted or made into various spire shapes. In the 1950s and 1960s, the square box style became popular, with the tops being square and flat.
Cesar Pelli's design is based on the middle of the two. The upper parts of several buildings are gradually contracted, and the tops end with a shape. The top shapes of the four buildings are different, each being a hemisphere.
Body, square pyramid, square pyramid without tip and stepped flat top.
This kind of design shows that the design idea of the World Financial Center is both respectful of past history and innovative at the same time.
The World Trade Center is connected by a pedestrian bridge between Towers 2 and 3 of the World Financial Center, known as the Winter Garden.
The Winter Garden covers an area of 4,200 square meters, is 10 stories above the ground, is hollow to the top, has a glass structure, and looks like a barrel-shaped greenhouse. After its completion, it will be unique among the Manhattan buildings with many high-rise buildings.
While listening to Marshall's introduction, Chu Huan turned his attention to the Twin Towers of the World Trade Center not far away. That incident should have little impact on the World Financial Center.
Chu Huan thought like this.
After inspecting the construction conditions of the World Financial Center, Chu Huan left and returned to his residence.
Wu Shuhan saw that Chu Huan was back, so he said to Chu Huan: "Boss, David just called and asked when we will leave for Los Angeles?"
Alder Commercial Bank will be the core industry of North America's Jiaku. Although it has begun to transfer its business to New York, it will not be Alde until it is completed and the world financial center is completed.
The headquarters of Commerzbank is also the headquarters of North American Acu.
So the headquarters of Alder Commercial Bank is still in Los Angeles, and David Maxwell is now based in New York and runs both sides of Los Angeles.
Chu Huan said: "Wait until I meet Jerry Kohlberg and the other three!"
Wu Shuhan nodded and said: "Then I will tell David your decision!"
"Okay!" Chu Huan asked, "How are Xu Yi and the others preparing?"
Wu Shuhan said: "The handover work is being arranged. I had a phone call with Mr. Xu before and they will leave for Los Angeles in three days to attend this year's Jiaku Conference!"
Chu Huan said: "Then let's go to Los Angeles in three days!"
Wu Shuhan continued: "Also, Dr. Armand Hammer, the chairman of Occidental Petroleum Company in North America, has sent an invitation to you through the North American Jiaku. I hope that when you go to Los Angeles, I want to invite you to have dinner!"
When Chu Huan heard the name Armand Hammer, he was slightly startled. It was not that this person was not famous, but that he was too famous.
In the history of world business, Armand Hammer is a legendary figure.
He was the first North American businessman to do business in the Soviet Union, and he was also the first foreign entrepreneur to enter China by special plane.
When the new Soviet Union was tightly blockaded, this man dared to go to the Soviet Union and facilitated a barter transaction in which 1 million US dollars of Soviet supplies were exchanged for 1 million US dollars of North American wheat, helping the Soviet Union to obtain urgently needed supplies, and he also made a fortune from it.
, each gets what he needs.
After that, he established contact with LN and other high-level Soviet officials and became the first foreigner to obtain mining rights in the Soviet Union, kicking off the barter trade between the United States and the Soviet Union.
This chapter is not over, please click on the next page to continue reading! Hammer obtained a license to produce pencils in the Soviet Union and established the largest pencil factory in the world at the time outside Moscow. In 1926, its annual output of pencils was close to 100 million pieces.
, the number of pens soared to 95 million, and in addition to satisfying the Soviet Union, they were also exported to more than a dozen countries.
In 1972, Hamer concluded a 20-year fertilizer business with the Soviet Union, totaling US$20 billion, pushing U.S.-Soviet trade to its peak.
Of course, the main reason why Armand Hammer dared to do business with the Soviet Union so blatantly was because of his background. Armand Hammer was of North American Jewish descent, and his father, Julius Hammer, was a North American Nazi.
One of the founders of *.
However, this is not the reason why Armand Hammer is well-known to the Chinese people. The most important thing is actually his dealings with China.
Next year, the old man will visit North America. Armand Hammer sneaked into the dinner party for the old man, successfully met with the old man, and then got the old man's invitation to visit China. At that time, Armand Hammer went directly with more than 20 experts.
China, and signed preliminary agreements on oil exploration, coal mining, etc., and launched an economic cooperation plan with China.
His oil company bid to exploit China's offshore oil resources and was the first North American company to obtain China's offshore oil exploration rights.
In 1982, the oil company also cooperated with Huaguo on the Pingshuo Antaibao open-pit coal mine project in Shanxi Province.
This is a businessman with influence all over the world. Now he has passed the North American Aku and specially invited himself to have dinner!
Chu Huan figured out Adman Hammer's intentions almost instantly. Like Mitsui and Sumitomo, he also saw himself as a springboard that allowed him to contact his hometown!
But this incident did not make Chu Huan happy. If Adelman and Hammer knew clearly about his relationship with his hometown, then the North American government must also know.
Adelman Hammer can rely on his influence in North America to do business with the Soviet Union and China, but Chu Huan does not have this influence in North America.
"Is there any problem with our business in North America now?" Chu Huan asked Wu Shuhan directly.
Wu Shuhan was slightly stunned, unable to understand what Chu Huan meant, but still said: "When I contacted David before, I didn't hear that there was any problem!"
Chu Huan thought for a while, maybe it was related to his own business, so it was like this. After all, Chu Huan's business in North America did not involve core areas at this time. The one that was a little more sensitive should be Alde Commercial Bank.
With HBO.
However, the influence of these two companies in North America is not very large, so it will be acceptable at that time.
However, this also reminded Chu Huan that he must pay attention to his public business in North America in the future.
It must not involve core areas. Otherwise, according to the shameless character of North American politicians, their business may be blocked!
"Tell Aardman that when I get to Los Angeles, I will visit him in person!"
"OK!"
.
Chu Huan invited three partners of KKR, Jerry Kohlberg, Henry Clevey, and George Roberts, to his manor. All three of them brought their wives to attend, while Wu Shuhan
As the hostess, she and Chu Huan received the six of them!
"Huan, I am very grateful for your support in the past two years, which has enabled our KKR to quickly become famous on Wall Street and receive support from more private equity funds!"
Jerry Kohlberg picked up the wine glass and said with a smile, because tonight's dinner cannot be called a business dinner, but more like a family dinner, so Jerry Kohlberg and others are also in a very relaxed mood.
Since KKR was established with the support of Chu Huan, the company has made great contributions to Chu Huan's business in North America, from the earliest green blackmail of listed companies in North America to the acquisition of Ford Motor's stock, as well as various North American Jiaku
The traces of KKR can be seen in all acquisitions.
In particular, the acquisition of Ford Motor Co.'s stock made KKR famous and became an upstart on Wall Street. Nowadays, many investors are willing to hand over part of their funds to KKR for management!
Chu Huan said with a smile: "It's because you three are capable. Otherwise, it would be difficult for KKR to be as famous as it is now just with my support!"
Chu Huan is now both a shareholder of KKR and a customer of KKR. It can be said that the cooperation between the two parties has always been very pleasant.
"Huan, we had prepared funds before and were ready to take action against Shibaura. Why did we suddenly stop the short-selling plan later?"
Henry Clevey sat there and asked Chu Huan curiously.
Previously, Chu Huan forced the Mitsui Consortium to bow to him, so he raised a sum of funds and put it in KKR's account, preparing to short Shibaura's stock price, but in the end Chu Huan called KKR and stopped the plan, but that
At that time, Chu Huan's mind was on Japan, so he didn't tell them the specific reason.
Now that Chu Huan has come to Japan, they will naturally ask about it. After all, if this plan is implemented normally, it will bring huge benefits to KKR!
Chu Huan did not explain the specific reason to them. In fact, there was no need for it, so he smiled and said: "The purpose has been achieved, so there is no need to perform any specific operations."
Seeing that Chu Huan didn't want to elaborate on the matter, Jerry Kohlberg and the others didn't ask too much.
In addition, the funds have now been returned to the account of Alder Commercial Bank. Chu Huan just put $50 million in KKR and asked it to help with the investment.
Although Chu Huan now owns Alde Commercial Bank and has his own investment projects, Chu Huan does not put all his eggs in Alde Commercial Bank.
Diversification is the way to go!
Chu Huan's current investment in North America can be divided into six parts, namely the North American Jiaku Investment Department, which is headed by Marshall Allman.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Alder Commercial Bank is headed by David Maxwell. In fact, because David Maxwell is also the general manager of North American Bank,
Therefore, the investment in North American AKB actually also needs to be reviewed by David Maxwell.
KKR and Chu Huan have put 50 million US dollars into KKR to allow Jerry Kohlberg and the others to invest in themselves. However, Chu Huan does not control this company. In fact, Chu Huan is the least concerned about this investment.
.
This is the company that is officially responsible for investing in North America for Chu Huan.
In addition, Chu Huan also has Star Investment, which has invested in Microsoft and Apple, Deep Sea Investment, which controls Apex Pictures, and Beihai Investment, which has attacked the North American stock market!
However, because these three investment companies were established in tax havens, outsiders did not know the relationship between these three investment companies and Chu Huan.
Especially for Starry Sky Investment and Deep Sea Investment, no one knows the relationship between Chu Huan and them.
In the future, Chu Huan will gradually cut off the frequent cooperative relationship with KKR, and more acquisitions and attacks will be left to Alder Commercial Bank.
It's not that Chu Huan has any thoughts about KKR. The most important thing is that the connection between this company and Chu Huan is the lowest. However, if it involves large-scale acquisitions in the future, he will still cooperate with KKR.
Chu Huan and Jerry Kohlberg didn’t talk much about work at the dinner party. After the dinner, Chu Huan sent the three families away, then lay on the sofa and began to think about North America.
things.
Before that, Chu Huan regarded Japan as his own cash machine. In fact, Japan also completed its mission excellently. However, after entering 1978, the cash withdrawal attributes of North America will surpass Japan.
At least that was the case in the late 1970s and early 1980s.
First of all, after entering 1978, the depreciation of the US dollar has become an unstoppable thing.
"After the Federal Reserve announced a rate hike, have there been any changes in the North American stock market?"
Chu Huan lay on the sofa and asked Wu Shuhan.
After entering 1978, the Federal Reserve announced an interest rate increase, raising the discount rate from 6% to 6.5%. The purpose of the Federal Reserve's interest rate increase was to deal with the worsening exchange rate problem.
Since October last year, the exchange rate of the U.S. dollar against major currencies has begun to depreciate, and the U.S. dollar index has fallen sharply.
Wu Shuhan, who was sitting next to Chu Huan, found a piece of material on the table and said: "After raising interest rates, the Federal Reserve announced another increase in short-term interest rates in the market!
The depreciation of the U.S. dollar exchange rate directly led to the decline of North American stock prices. According to the financial report released by North America in February this year, data showed that North American retail sales in January experienced the largest decline in 13 years. At the same time, the growth rate of industrial production also declined. The U.S. dollar
The devaluation superimposed the economic downturn from the fourth quarter of 1977 to the first quarter of 1978, and the stock market continued to decline.
On February 28 this year, the Dow Jones Industrial Index fell to 742 points, down nearly 11% from the end of the previous year.
On the 8th of this month, William Miller took office as the new chairman of the Federal Reserve."
"We must have hit rock bottom!" After listening to Wu Shuhan's report, Chu Huan said: "Inform Wu Xiaoshi and ask her to raise 500 million U.S. dollars, and then hand the money to Xu Yi and let her be responsible for paying 100 million U.S. dollars.
Leveraged to buy Dow futures and then sell them all when the Dow hit 845."
According to Chu Huan's memory, the Dow Jones Industrial Index of 742 points is already the lowest point in 1978, and then the North American stock market will start to rise in April.
The direct cause of the rise in North American stock markets was the rebound in the U.S. dollar exchange rate in April and May.
After falling sharply in the early period, U.S. stocks experienced a sharp rise in April this year, with the Dow Jones Industrial Index rising 10.6% in April.
On May 10, the Federal Reserve further raised interest rates, raising the discount rate from 6.5% to 7.0%.
At this time, the interest rate hike had little impact on the market. The core variable that the market paid attention to was the U.S. dollar exchange rate. The market continued to rebound in May 1978, and the Dow Jones Industrial Index reached 867 points on June 6, 1978.
"Also remember to remind me that when I see David Maxwell, ask him to buy as much of his North American cash as Swiss francs, Japanese yen, German marks, pounds and other currencies!"
Chu Huan continued to preach to Wu Shuhan.
The rise in the stock market did not curb the continued depreciation of the US dollar. By October this year, the depreciation of the US dollar in other major currencies in the world had taken shape. During this period, the US dollar depreciated 36% against the Swiss franc, 33% against the Japanese yen, and 33% against the federal government.
The German mark depreciated by 24% and depreciated by 16% against the pound. This was a serious currency shock to North America.
Although it seems that buying Swiss francs is the most profitable, for Chu Huan at this time, the ultimate benefit is no longer what he can pursue. According to the amount of cash in his hand, if he does this, it is very likely that
It will attract more people's attention, which is not a good thing for Chu Huan's development in North America.
"By the way, not only David Maxwell and Chen Haichao, Kelly also needs to be reminded!"
Chu Huan added.
Wu Shuhan was a little confused about Chu Huan's two decisions. The rise in the North American stock market and the depreciation of the US dollar were obviously two opposite directions, but Chu Huan was operating at the same time.
"Boss, do you want to do hedging to offset losses in a certain area?"
Wu Shuhan asked Chu Huan.
Chu Huan did not explain anything to Wu Shuhan, but said with a smile: "You can understand it this way!"
That is to say, Chu Huan does not have time to stay in North America this year. Otherwise, just the changes in the North American stock market can make Chu Huanhai make a fortune.
After reaching 867 points in June this year, the Dow Jones Index will fall and fall to 806 points in July. But by September, it will reach the peak of 908 points in the North American stock market this year.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Throughout 1978, the North American stock market showed a V-shaped trend, which was definitely the best time to invest.
This year, Chu Huan's small change investment in North America was basically in the stock market and foreign exchange. Next year, there will be another opportunity to make a fortune brought by the oil crisis.
Of course, Chu Huan will definitely not earn the last copper plate.
"After the investment in the North American stock market is completed this year, maybe we can buy some professional teams in North America!"
Chu Huan thought like this in his heart.
Although running is still the most popular sport in the world now, in a few years, when television becomes more and more popular, other sports will begin to show their prominence and replace running.
The acquisition of professional teams in North America is also to prepare for Nike's future development...in addition to NBA basketball teams.
In his spare time, Chu Huan also planned his retirement life, that is, just like Ballmer of the Clippers in later generations, he would watch the other team's games on his own team when he had nothing to do.
Of course, this was limited to the 1990s and 2000s. After the 10s, Chu Huan would definitely not be in this mood anymore.
Is the NBA still the NBA without physical collisions?
Chu Huan definitely wouldn't think so.
However, the four major leagues in North America are still very regional. Basically every big city has its own team from the four major leagues. If you want to buy a team from the four major leagues, you will naturally need to be in a city.
Bought.
For Chu Huan, there are actually two choices, one is New York!
New York is the economic center of North America. Although the New York Knicks are basically a mid-tier NBA team in later generations, it is undeniable that with the metropolis of New York behind them, the New York Knicks have always had the highest market value among NBA teams. Regardless of
Whether it is the Lakers at their peak or the Warriors as a rising star, there is actually no way to compare with the New York Knicks!
The other one is the Lakers!
In the late 1980s and early 1990s, the Lakers had Magic Johnson and Kareem Abdul-Jabbar. By the turn of the millennium, they had the OK team, and then... forget it, I didn't pay attention at that time anyway.
NBA.
It can be said that the Lakers have always been the trendsetters in the NBA.
As for the Chicago Bulls... Although they have the basketball god Michael Jordan, it is only 1978, and there are still 6 years until Jordan enters the NBA. It is really impossible to pack the ace players of his own basketball team by then.
Just get Jordan instead.
To be honest, Jordan means more to Chu Huan than a basketball team. After all, the NBA can be divided into two eras, and this dividing line begins in the year Jordan joined the NBA!
Before Jordan joined the NBA, the NBA was only a sports league that could only have a certain influence in North America. However, after Jordan joined the NBA, it became a sports league that the world paid attention to.
Of course, this is Jordan's influence on the NBA, and it doesn't matter if Chu Huan is there. What Chu Huan values is Jordan's influence in the business field.
Before Nike signed Jordan, it was only a slightly famous sports brand, but after signing Jordan, Nike became the world's number one sports brand!
Such commercial influence is unique throughout the history of sports.
To give you the simplest example, in the late 1990s and early 2000s, in rural China, you might not know who Michael Jordan was, but you had definitely seen a child wearing the Chicago Bulls No. 23 jersey.
"Shu Han, do you prefer New York or Los Angeles?"
Chu Huan took back his thoughts and asked Wu Shuhan.
Wu Shuhan thought for a moment and said, "Maybe it's Los Angeles. Life there should be more comfortable!"
Chu Huan thought for a moment, nodded, and said: "When you get to Los Angeles, remind me to ask David Maxwell to ask about the teams in the four major leagues in Los Angeles!"
Since Chu Huan himself has not thought about it and people around him prefer the life in Los Angeles, then he will buy the Los Angeles Lakers. Anyway, the professional league teams at this time are really worthless, so he probably bought all the teams in the four major leagues in Los Angeles.
It doesn’t cost $100 million.
But the market value it will bring in the future will definitely exceed tens of billions - US dollars!
"Okay!" Wu Shuhan asked: "Boss, do you want to enter the sports field in North America?"
Chu Huan nodded slightly, thinking about how he wanted to use the influence of the four major leagues in North America to increase Nike's influence in North America and even the world.
After Wu Shuhan listened, he nodded and said, "Then you still want to do what you said before about buying a football team?"
Chu Huan smiled and said: "Of course I did, but we can wait until we go to Europe to deal with this matter!"
Although Chu Huan prefers basketball to football, it is undeniable that football will be the number one sport in the world in the next few decades and the sport with the most fans.
Since it was because of this, Chu Huan naturally would not give up this opportunity.
By then, HBO, Nike, professional league teams in North America, and if Chu Huan can acquire one or two TV stations in Europe in the future, a complete sports kingdom will soon be formed.
By then, Chu Huan will become the well-deserved number one in the world in the entire sports field!
Wu Shuhan said: "Okay, then when we go to Europe this year, I will remind you about this matter."
Chu Huan has too many things to pay attention to now. Without the help of Wu Shuhan and the entire Jiaku Secretarial Department, Chu Huan will forget to deal with many things, and the losses caused may be goals that are difficult for others to achieve in their lives!
"Yeah!" Chu Huan nodded slightly, and then said with a smile: "Okay, let's have a good rest for a day, and then go to Los Angeles!"