I want to be a giant of Hong Kong Island

Chapter 561 [Tian Shui Wai]

Hutchison Headquarters.

Wei Li sat on the sofa and seriously reported to Wu Guangyao, who was leaning on the chair with his eyes closed;

Although Wu Guangyao closed his eyes and seemed to be resting his mind, he was actually listening very seriously.

At this time, Wei Li also admired Wu Guangyao a little more, especially when he sold the short-term investment securities held by Hutchison & Co.;

It turned out that Wu Guangyao ordered Hutchison's management to sell 5 million short-term investments (stocks, Prayer is keen!);

After these stocks were all sold out above the Hang Seng Index's 500 points, the Hang Seng Index fell wildly again in the middle of this month (June); in just the past ten days, the Hang Seng Index reached 6 points, which can be said to have avoided a lot of losses.

"Currently, Hutchison's short-term debt is 3 million Hong Kong dollars, long-term debt is 5.1 million Hong Kong dollars, and cash is 3.3 million Hong Kong dollars."

原本和记洋行共计债务12.4亿港币，现金流7.6亿港币（1.6亿定向融资、5亿港币抛售短期投资、1亿港币出售了大量公司。）
It is indeed a very correct move to spend 4.3 million Hong Kong dollars to reduce debts, otherwise the lawsuit will consume a lot of energy of Hutchison Matheson!

"For the remaining 3.3 million Hong Kong dollars, the management intends to take advantage of the low stock market to privatize Watsons and increase its stake in Huangpu Dockyard."

It is true that Watsons should be privatized first, because Watsons has a low market value, but its annual profits are huge;

Therefore, after privatization, it can bring a lot of cash support to Hutchison Matheson!

However, Whampoa Dockyard is not listed, and Hutchison will first increase its stake in Whampoa Dockyard before proceeding with the merger of the two companies.

Wu Guangyao suddenly opened his eyes and said, "After the two plans, will there still be funds for development?"

Wei Li said seriously: "If you can get a loan of 2 million Hong Kong dollars, it is estimated that there will be 2.5 million Hong Kong dollars in liquidity!"

To put it bluntly, 5000 million Hong Kong dollars can be squeezed out, but Wei Li knows that if Wu Guangyao himself guarantees, there are still many banks that can lend to Hutchison.

Wu Guangyao said: "Well, you can go to HSBC Bank to talk, and I will be the guarantee! Remember, the interest rate cannot exceed 10% (low-interest loan). I believe that HSBC Bank, as a shareholder, can agree to this interest rate; at the same time, now you immediately Go to the gold free market and purchase gold in large quantities at a gold price no higher than $150 per ounce."

HSBC holds less shares in Hutchison & Co., and has not participated in the management of Hutchison & Co., so the loan complies with the regulations;
After Wu Guangyao took over Hutchison & Co., China Everbright Bank and Hang Seng Bank would not be able to make loans;

Of course, you can also apply to the Hong Kong government, but it is more troublesome!
Wei Li was taken aback for a moment, the boss's idea is too wild and unconstrained!
"However, now that gold has risen to $143 an ounce, is there still room to rise?"

"Of course, the so-called buying up and not buying down, the price of gold will still rise! Hong Kong liberalized the free trade of gold in February this year, and a large number of gold merchants came to Hong Kong Island. It would not be difficult to buy gold worth 2 million Hong Kong dollars. Hutchison & Co. is in urgent need of funds to replenish blood, and I will participate myself. Of course, if any losses occur, I will be responsible for everything; so, you can rest assured to implement it!"

Seeing that the arm couldn't twist the thigh, Wei Li had no choice but to agree!
Then Wu Guangyao made another move: "Go and contact Yonggao Company to see if the Americans are interested in selling it?"

Wei Li came to his senses this time and said, "The boss is interested in the Hilton Hotel in Central? However, the Hyatt Hotel in Bali, Indonesia, should not be in a good financial situation!"

Yonggao is an American-funded company that owns the well-known Hilton Hotel in Central and the Hyatt Regency Hotel in Bali, Indonesia;

When Wu Guangyao thought of this Yonggao Company, he was also robbing Superman of Li's opportunity!
As far as Wu Guangyao knows, this Yonggao company was sold to Li Chaoren for 1977 million Hong Kong dollars in 1.3. At that time, Hong Kong Island’s real estate and stock market had already boomed, and the oil crisis had begun to ease. Now it will definitely not cost 1.3 million Hong Kong dollars.

Although the Hyatt Hotel has been losing money because the tourism industry in Bali is not yet popular;
But if you hold 1.3 million Hong Kong dollars, you will never be able to build two hotels;

Therefore, this cost-effective deal can definitely be done!
"It doesn't matter, as long as the price is right, we can definitely win it! If it is less than 1.2 million Hong Kong dollars, we have earned it! The important thing is the Hilton Hotel in Central, it will definitely become more and more valuable!"

Wei Li's ideal is the same, the Hilton Hotel in Central is indeed well-known and has great investment value;
Coupled with the current bad environment in the world, maybe Hutchison & Co. can really pick up the loopholes!
After explaining the two matters, Wu Guangyao waved Wei Li to go to work, and another person met with other managers.

At this time, Wu Guangyao also understood that the 210 million square feet of land in Huangpu Dock completely belonged to Huangpu Dock and had not yet been developed;
This makes Wu Guangyao hot, isn't this the next Taikoo City!
However, the Huangpu Dockyard site has two disadvantages:
First, the geographical location of Hung Hom is not as good as that of Quarry Bay, which is slightly weaker;
Second, the Huangpu Dockyard belongs to industrial land. If the nature of the land is to be changed, it is estimated to cost about 5 million to 10 billion Hong Kong dollars according to the current market conditions.

In his previous life, Li Chaoren discussed land premium with the Hong Kong government in 1981, and the Hong Kong government offered a sky-high price of 25 billion Hong Kong dollars. After the Sino-British negotiations, Li Chaoren only spent 3 million Hong Kong dollars to change the nature of the land.

At this time, Hutchison Matheson and Whampoa Dock have not yet merged, and the two companies cannot afford the funds to develop Whampoa Dock, so it is doomed that the idea of ​​​​this piece of land cannot be exploited at present!

Fortunately, the warehouses and container terminals on the Huangpu Shipyard land can still guarantee a certain amount of profit, so let this land be left for another ten years!
Wu Guangyao has calculated that the land in Hung Hom, Whampoa Dock, can create 800 million square feet of residential area and 180 million square feet of commercial area;
In the 80s, with only 800 million square meters of residential area, you can easily make a profit of more than 100 billion Hong Kong dollars;

The commercial area of ​​180 million square feet has been able to bring sustainable and large profits to Hutchison Whampoa.

On this day, Wu Guangyao brought Rong Bensheng, Li Bing, Fu Hongru, Shi Jun and other executives to Tianshuiwei, New Territories.

Tin Shui Wai covers an area of ​​about 5200 million square feet and is located in the New Territories of Hong Kong, across the sea from Shekou in Shenzhen.

Here is a piece of farmland, a pond, and some dilapidated houses. Some farmers farm here, and some fishermen raise fish here.

Since the beginning of this century, the land in Tin Shui Wai has been owned by people surnamed Chao in the name of Luen Tak Company, and it is one of the largest single-owner-owned lots in Hong Kong.

Legend has it that this member of the Zhao family was a descendant of Zhu Yuanzhang who fled to Hong Kong after the fall of the Ming Dynasty.

After visiting around, the group came to a place across the sea from Shenzhen and stopped.

"I plan to buy Tianshuiwei in the name of a family office!"

Everyone gasped, not lamenting that the business was huge, but lamenting that after buying Tianshuiwei, the various aspects involved were too huge.

Rong Bensheng reminded: "Tian Shui Wai is located in the New Territories, and the lease term of the New Territories is 99 years; this time is 1974, and will be returned to China in 1997; therefore, there is still 23 years of use here, and the future situation is unpredictable. Will Huaxia nationalize everything here?"

Wu Guangyao said with a smile: "According to what you say, why don't the island and Kowloon return! Hong Kong itself is no longer a colony, and the mainland government will take it back sooner or later! You don't need to worry, let alone be afraid. Social development is changing with each passing day, and the mainland will never We will stay where we are, if you don’t believe us, let’s wait and see!”

Because they were all things he trusted the most, it was rare for Wu Guangyao to want them to confide in his heart!
Wu Guangyao also knew that his executives also had assets abroad. After all, the rich people in Hong Kong were making double preparations!

Shi Jun also joined the discussion: "Even if the boss thinks that private ownership of property will be allowed in the Mainland, the Hong Kong government will not easily give up the benefits because of the vast scope of Tin Shui Wai; so even if we acquire the Zhao family's Lian De Company, follow-up It is also necessary to negotiate with the Hong Kong government, and the important thing is that transportation and government agencies need the approval and assistance of the Hong Kong government."

Wu Guangyao nodded and said: "So, I have a big idea about Tianshuiwei! First of all, we will build a huge industrial park here, and I will invest a lot of industries here, such as electronic appliances, machinery, zippers, Toys, beverage and food processing, traditional Chinese medicine production bases and other industries. As long as the popularity of this place is established, then housing and business can naturally be established. I want to build a new town that can accommodate 50 people, and it is also our Hong Kong Industrial Park, the Silicon Valley of Hong Kong."

Everyone was shocked by Wu Guangyao's huge plan, and then joined the discussion one after another!

Not to mention the establishment of a new town of 50 people, but the construction of a large city with a population of 500 million in Hong Kong. The Wu family said that they can also give it a try.

The US$10 billion gold invested by Wu Guangyao four years ago will be worth US$12 billion in December this year;
One can imagine how easy it is to make money when one's assets are large!
When investing in Tin Shui Wai, Wu Guangyao is not interested in real estate, but in industrial parks;

As for the real estate in Tin Shui Wai, Wu Guangyao will even fight against it with the Hong Kong government, and the two sides will cooperate to build some low-rent housing.

And Tianshuiwei has another advantage, that is, it can absorb people from the opposite side at any time and use it as cheap labor;

Although the words are a bit harsh, if you want to compete with emerging economies such as South Korea and Singapore, you must have some advantages.

Wu Guangyao said to Rong Bensheng: "Recently, you and the people from Guangyao's family office have come to handle this matter. Let's first talk about the acquisition of all the shares of Zhao's Liande Company. I will find an opportunity to discuss the rest of the questions with Mai Li Negotiate with Governor Hao."

Rong Bensheng nodded heavily, and said: "It's not a big problem. There will be no one to spy on the wilderness here. At that time, I will buy Liande Company in the name of needing to invest in the factory."

"Implement it as soon as possible! My Lenovo Group's business has skyrocketed in the past few years, and I urgently need a lower-cost production base." Wu Guangyao said.

As for Hong Kong's electronics industry, Wu Guangyao still intends to start with the low-end manufacturing industry first, and then transform when the time is right!

Since 1975, the two universities on Hong Kong Island can graduate 600 to 1000 students from the Department of Electronics and Electrical Engineering every year;
Of course, most of these talents will be taken over by Wu Guangyao's companies;
By the early 80s, Hong Kong Island would have 5000 such talents.

Naturally, Lenovo Group cannot be relied on to arrange these talents, so Wu Guangyao plans to establish another electronics company—Xiaomi Electronics.

The initial business of Xiaomi Electronics was mainly research and development and production of low-end electronic components, and then further development.

Relying on the strength of Lenovo Electric and the development of Xiaomi Electronics, Wu Guangyao is still confident;

Especially in the late 70s, it was also possible to manufacture red and white game consoles for Sony.

(End of this chapter)