I want to be a giant of Hong Kong Island

Chapter 619 [Cooperation or suppression? 】

Yuan Tianfan walked to the door of the boss's office and knocked on the door lightly three times;
"Come in!"

"boss!"

Wu Guangyao nodded, pointed to the sofa, and signaled Yuan Tianfan to sit down.

"Doing well in America!"

Wu Guangyao likes to praise people, but he also likes to scold people, but they are all justified!

Yuan Tianfan joined Everbright Securities in 1976. After three years of training in Everbright Securities, he was sent by Wu Guangyao to the United States to participate in the business activities of companies such as Best Buy and Home Depot;

His performance was reported to Wu Guangyao by Everbright Securities and the family office;

In addition, with Yuan Tianfan's achievements in his previous life, Wu Guangyao was already very relieved of this 28-year-old hero!
"I plan to make you the president of Hutchison Telecom and the director of Hang Seng Bank!"

Wu Guangyao's words surprised Yuan Tianfan, the boss thinks too much of himself, right?

Even the person involved was so surprised, I believe that once this news comes out, it will definitely set off a wave in Hong Kong Island.

"Boss, is Hutchison Telecom intending to monopolize Hong Kong's telecommunications industry and to acquire Hong Kong's Dadong Telegraph?"

Yuan Tianfan reacted quickly and quickly understood what Wu Guangyao meant!
Wu Guangyao nodded, signaling Yuan Tianfan to continue!

Yuan Tianfan was encouraged, and said again: "Then the boss must also be interested in the British telecommunications industry. At this time, the UK is being privatized. If we can invest in British Telecom and monopolize Hong Kong Telecom at the same time, we can complement each other!"

Wu Guangyao smiled and said: "Yes, it seems that you have learned an international perspective in the United States this year! The telecommunications industry is an industry that I value more. I monopolize the telecommunications industry in Hong Kong, invest in British Telecom, and invest in Australia, Canada and other countries. The telecommunications industry can develop, it depends on how you plan!"

The telecommunications industry includes communications, internet, satellite phones, etc. Hong Kong's telecommunications industry is also a treasury worth hundreds of billions of Hong Kong dollars;

In his previous life, Yuan Tianfan helped Li Chaoren's eldest son to acquire the Dadong Telegraph Bureau, and even made a profit of 1500 billion Hong Kong dollars in one fell swoop.

Therefore, Wu Guangyao intentionally asked Yuan Tianfan to monopolize Hong Kong Telecom and invest in British Telecom, which was his first real experience.

Yuan Tianfan said seriously: "I will not disappoint the trust of the boss, I will definitely complete the task beautifully!"

Wu Guangyao waved his hand, and said in a commonplace way: "It's not to live up to my trust, it's to realize your own life value! The telecommunications industry is doing well, and I will not be stingy with the shares of Hutchison Telecom!"

High-level talents must be rewarded with shares. This is Wu Guangyao's method for many years!

Yuan Tianfan suppressed the surprise (share reward) in his heart, and said, "The boss educated me! But what is my task at Hang Seng Bank?"

If talking about the position of president of Hutchison Telecom, Yuan Tianfan would still dare to think about it;
But Yuan Tianfan never dreamed that it would be his turn to be the director of Hang Seng Bank, the third largest bank in Hong Kong Island!
What Wu Guangyao said next made Yuan Tianfan heave a sigh of relief;

"Just go to the board of directors to show your face and focus on learning. I trust the management of Hang Seng Bank! Also, for Everbright Securities, you should also be an assistant to the chairman!"

"Okay, thank you boss for promoting!"

Serving in three companies is not too much. For example, Rong Bensheng has served as a director of about ten companies. He is really capable and hardworking!
After all, Wu Guangyao has too many companies in Hong Kong Island.
Regardless of small companies, like some public affairs companies, Wu Guangyao himself did not touch the original management;

So they will send their own people to control the board of directors, in case the management becomes king on its own!
On this day, Wu Guangyao came to HK Electric Group;

Martin, CEO of HK Electric Group, and Wu Zelin, CEO of Jiahong Real Estate, came to Wu Guangyao's office hand in hand.

The Hong Kong Electric Group and China Gas are undoubtedly the two most valuable public utility companies in the hands of the Wu family;

The two companies control the energy supply of Hong Kong Island. Even if the Hong Kong government implements profit control, the annual net profit does not exceed 15%, but the profit is quite impressive!

Wu Guangyao looked at Martin and Wu Zelin, and he didn't find anything bad, so he was very satisfied;
I'm afraid that the foreign executives under him will be self-righteous, dismissive of Chinese executives, and not cooperate with work, which will have a very bad impact!
Wu Guangyao said with a smile: "Tell me, you two came to my office together, there must be something to report!"

Martin motioned for Wu Zelin to speak!
Wu Zelin said: "Boss, it's like this: Last year (1979) Jiahong Real Estate made a profit of 1.6 million Hong Kong dollars, plus the profits of other brother companies, the net profit of the entire group company was 3.2 million Hong Kong dollars a year. Adding the cash reserves of the group company , we have nearly 5 million Hong Kong dollars in cash flow."

Wu Guangyao nodded and said, "That's right! So, you put your mind on the 5 million Hong Kong dollars!"

Wu Zelin said confidently: "Boss, although the City Garden project (formerly North Point Power Plant) can continue to bring real estate income to HK Electric Group, but after all, it is the only one project! At present, the real estate market in Hong Kong is booming, so I am looking for A great opportunity, guaranteed to take the company's real estate business to a higher level!"

Wu Guangyao said patiently: "Tell me!"

Wu Zelin leaned forward, with a trace of excitement on his face, and said: "Wheelock Group owns many properties, which can be demolished and rebuilt; but Wheelock Group seems to have little confidence in independent development of real estate. Their strategy is and strength. Cooperate with the real estate group to sell the property land owned by it and make a profit."

Wu Guangyao suddenly realized that Wu Zelin might have found Wheelock Group, otherwise he would not have raised this question first!
"Have you been in contact with Wheelock?"

Wu Zelin nodded and said: "Well, I also found that Wheelock always cooperates with Huanghe Industrial to develop its properties. With the idea of ​​giving it a try, I went to contact Mr. Madden! Unexpectedly, when Mr. Madden heard me He is the boss's subordinate, so he became interested; our Hong Kong Electric Group has funds and rich experience in real estate, and we quickly reached a verbal cooperation agreement!"

Hearing about Huanghe Industry, Wu Guangyao knew that Li Chaoren was an unbeatable Xiaoqiang;

It turned out that Wu Guangyao thought that he had robbed Li Chaoren of many opportunities. Li Chaoren would definitely lag behind others in the field of real estate, and the ranking of Huang He's industrial theory was probably outside the top ten real estate on Hong Kong Island;
However, the fact is that Huanghe Industrial has been looking for opportunities everywhere in the past few years. If they don’t have enough land in hand, they will find someone who has land to cooperate with;
You know, the real estate on Hong Kong Island has been booming in recent years, and some factory owners want to develop their own factories, but they have no experience;

When these people saw Li Chaoren coming to their door, they hit it off immediately, and the two sides cooperated to develop real estate projects.

In addition to factories, there are also established companies like Wheelock, and many properties need to be rebuilt. Huanghe Industrial has a lot of opportunities.

At present, the market value of Huanghe Industrial has ranked seventh in the real estate industry on Hong Kong Island, and its performance is very good!
"What project is it?"

"Real Estate Trust (under Wheelock), Huanghe Industrial, and Jiahong Real Estate have invested a total of 30 billion Hong Kong dollars to rebuild and sell more than 20 properties under Wheelock!"

"When are these properties expected to be available for sale?"

"About a year!"

Wu Guangyao was relieved to hear that it was a year!

There are still two years and eight months before the 'Sino-British Negotiations', we must get stuck!
And the fund of 10 billion Hong Kong dollars is not difficult for HK Electric Group;
HK Electric Group has no debts, on the contrary, there is a reserve fund frozen by the government;

The frozen reserve fund is more than 15% of the profits of Hong Kong Electric Company (only the power company). When Hong Kong Electric Group suffers operating losses and invests in new power plants, it can apply for using this reserve fund;
But investing in real estate is definitely not allowed to apply!

However, HK Electric's assets are excellent and its profits are abundant. It is not a problem to borrow [-] million Hong Kong dollars, or even one billion Hong Kong dollars!
"This project can be done! Loans can be obtained from China Everbright Bank and Hang Seng Bank. The profit will not flow to outsiders, and the interest rate is guaranteed not to be higher than HSBC and Standard Chartered!"

"Yes, thank you boss for your support!"

Wu Guangyao seemed to have thought of something, and said to Wu Zelin: "Wheelock has two buildings - Federal Building and International Building. Please help me and ask them if they are willing to sell!"

Upon hearing this, Wu Zelin said confidently: "They will sell! Even after the rebuilding of Wheelock Building and Marden Building, they mainly focus on selling, and these two buildings will definitely be sold!"

Wu Guangyao nodded, thinking about it too!
The current thinking of the Madden family is whether the opposite side will confiscate Hong Kong assets, so they want to convert land assets into offshore assets (shipbuilding);
The Zhang Yuliang family of the Wheelock Group also has the idea of ​​immigrating, so they also want to sell the properties of the Wheelock Group.

Speaking of Federal Building and International Building, Wu Guangyao can only say, I'm sorry, Lao Li, and robbed you of 6 million Hong Kong dollars in profits;

Why do you say that Li Chaoren robbed 6 million Hong Kong dollars?
It turns out that Wheelock has a strategy, which is to use its properties as "asset revaluation", and then use them as capital to lease joint ventures with external consortiums; in the process of forming joint ventures, Wheelock first collects a sum of "revaluation assets" The non-recurring profit, after the associated company sells the property, it will share the profit again.

A typical approach is to:
In the previous life, in 1980, United Realty (owned by Wheelock) and Cheung Kong (owned by Superman Li) formed a joint venture company - Vision Investment, each holding 50% of the shares; Vision Investment first purchased Federation Building and International Building for 10 billion Hong Kong dollars , and the 10 billion Hong Kong dollars Cheung Kong needs to pay 5 million Hong Kong dollars, that is, an advance payment of 5 million Hong Kong dollars; Federal Real Estate does not pay a penny, and first charges 5 million Hong Kong dollars as an "asset revaluation fee".

A few months later, the two buildings were sold for 22 billion Hong Kong dollars, and the two parties each shared 11 billion Hong Kong dollars;
It is equivalent to Wheelock recovering 16 billion Hong Kong dollars, and Li Chaoren earned 6 million Hong Kong dollars!
Why is there such an operation?

Everything stems from Wheelock's lack of confidence in real estate, and Li Chaoren knows that the real estate industry will become more and more prosperous;
Sure enough, a few months later, real estate on Hong Kong Island was fired like crazy!
Thinking of this, Wu Guangyao was worried that Wheelock would not sell the building directly, but wanted this kind of operation;

Therefore, Wu Guangyao reminded Wu Zelin: "If you are willing to sell those two buildings, no matter what kind of cooperation is fine! If you sell them directly to me, you can say that I offer 18 billion Hong Kong dollars!"

Wu Zelin was surprised, and said: "The market price should be around 16 billion Hong Kong dollars. Will the boss quote a higher price?"

Wu Guangyao waved his hand and said, "You have already said that it is the market price, and now the real estate is appreciating rapidly, I don't want to waste it!"

Wu Guangyao himself doesn't really care about hundreds of millions of Hong Kong dollars, but he feels that suppressing Li Chaoren is in line with his mood!
(End of this chapter)