I want to be a giant of Hong Kong Island

Chapter 639 [Decipher the conspiracy of the serial ship! ] (big chapter)

Lei Hong, general manager of China Everbright Bank, came to Wu Guangyao's office.

"Boss, I have something to report to you!"

"Sit down and talk!"

Lei Hong first sat on the sofa, and then said: "It's like this, Carrian Group and Hongkong Land recently cooperated in a real estate project, and they need to borrow from our bank; so let me ask, what do you mean?"

According to common sense, there is no need to ask Wu Guangyao for instructions in this situation, and these executives have the right to decide;

But Wu Guangyao said before that Chen Songqing would not agree to any borrowing;

Therefore, Lei Hong decided to ask for instructions!
After all, Lei Hong is still very excited to have Hong Kong Land Company joining;
Rejection without reason is not good for the company's reputation!
Wu Guangyao asked, "What is the real estate project that makes you so excited?"

Lei Hong said: "It is said that the land in Miramar's old wing will cost 30 billion Hong Kong dollars!"

After Wu Guangyao listened, he leaned back in his chair, obviously thinking briefly!
The Miramar Hotel is one of the famous hotels in Hong Kong, the owner is Yang Zhiyun;
Yang Zhiyun, like Wu Guangyao, was born in a gold shop and owned Jingfu jewelry store;

The turning point of Yang Zhiyun's career was the purchase of the Miramar Hotel by fate, which made the Yang family the super rich in Hong Kong.

The predecessor of the Miramar Hotel was a small church hotel, which was founded by several Spanish priests in 1950. The main purpose was to receive the inland clergy expelled by New China;

Later, Miramar Hotel was opened to the public and turned into a public hotel, and the income was used for church affairs and charity;

In 1957, the new archbishop was very dissatisfied with his subordinates' participation in business operations and ordered the Miramar Hotel to be sold for a short period of time;
Yang Zhiyun got the news by chance and was overjoyed. Because the price was really low, he bought it with a loan from Hang Seng Bank.

After 20 years of development, the Miramar Hotel already has 1300 rooms.

In fact, Wu Guangyao didn't care about the old wing project of the Miramar Hotel;

What Wu Guangyao is concerned about is, is Hongkong Land going to start a crazy investment model in Hong Kong?

Over the years, Hongkong Land has not invested much in real estate on Hong Kong Island because they are pessimistic about the prospects of Hong Kong Island;

However, Hong Kong Island’s economy has made great strides in the past few years, and real estate has become more and more popular;
Even Hongkong Land, which has always been stable, made a profit of as high as 1980 million Hong Kong dollars last year (6) (the main source was rent collection).

Presumably, Hongkong Land Company has tasted a big sweetness, and feels that it cannot continue to stand by like this, so it also wants to join in and get a share!

"Let me meet them, make an appointment with them for me!"

"Yes, boss!"

Wu Guangyao's idea is that he can't refuse without reason, otherwise it will easily make Landmark suspicious!

The reason why he was afraid of being suspicious of Landmark was because Wu Guangyao hoped that Landmark would invest heavily in the real estate industry and invest wildly in the real estate industry;

Only in this way will it fall a big somersault during the Sino-British negotiation stage and become the "debt king" of Hong Kong Island.

And what is the benefit to Wu Guangyao that Hongkong Land becomes the "debt king"?
There are many benefits:

First of all, if Hong Kong Land is heavily in debt, it will implicate Jardine; because Jardine and Hongkong share mutual control (serial boat), then Hongkong will become the "debt king", and Jardine's funds, properties and other assets will be frozen, seriously affect the development of Jardine;
Afterwards, Jardine and Landmark are bound to dismantle this chain ship and release each other's shares, otherwise both companies will be restricted.

By that time, the difficulty for Wu Guangyao to acquire land will be greatly reduced!
According to the current situation, Jardine and Landmark hold 40% of each other's shares. Once Wu Guangyao initiates the acquisition of Hongkong, Jardine only needs to acquire 9% or 11% of the shares to defeat Wu Guangyao's strategy;
This is not too difficult for a century-old foreign company!
On the other hand, Wu Guangyao needs to acquire 40% of Hongkong Land shares in order to own Hongkong Land, which is quite difficult!
Therefore, if Wu Guangyao wanted to acquire the dozen or so grade-A office buildings in Central Land from Hongkong Land, he had to support Hongkong Land's investment;

You can even take the initiative to let Landmark increase investment.

Hilton Central Hotel,
This is one of the most famous hotels in Xiangjiang, the ace of hotels on this island;

Developed in the late 50s and officially opened in 1961, it is a 26-storey building with 750 rooms.

The Central Hilton Hotel originally belonged to the US-owned Wingo Corporation, which not only owns the Hilton Hotel, but also owns the Hyatt Hotel in Bali, Indonesia;
During the oil crisis, it was Wu Guangyao who discovered this gold, and Hutchison & Co. spent 1.2 million Hong Kong dollars to buy it;
At that time, this transaction aroused widespread discussion in Hong Kong Island, and many people even thought it was a loss-making business;
But Wu Guangyao knows, not to mention the later appreciation of this land (located between the HSBC Building and the Bank of China Building);

Even if the same two hotels were built at that time, the 1.2 million Hong Kong dollars was far from enough;
But now, the two companies can bring Hutchison Whampoa 5000 million Hong Kong dollars in profits every year. Those who were not optimistic in the past can only see in hindsight, saying that they were wrong at the beginning!

The only trouble is that the Central Hilton Hotel signed a 50-year management agreement with the Hilton Group in the 50s;

In the previous life, there was no Hilton Hotel in Xiangjiang City, because in 1994, Hutchison Whampoa terminated the contract early at a price of 1.25 million Hong Kong dollars, then closed the hotel, and then demolished it to build the headquarters of the future Changjiang Group ——Cheung Kong Group Center Building!
Wu Guangyao planned to demolish this building after the completion of the HSBC and Bank of China buildings and build a more magnificent and magnificent building.

In a private room, Wu Guangyao stood up with a smile to greet his guests - Bao Fuda and Chen Songqing;

"You two, please sit down!"

Bao Fuda is an old acquaintance, his face is a little calm, presumably there is a reason why Wu Guangyao and Jardine Matheson used to have a lot of competition, pretending to be calm;

But Chen Songqing was different, she seemed very enthusiastic, and said with a smile: "I didn't expect to meet such a busy person as Wu Sheng, it's really a pleasure!"

Although Wu Guangyao looked down on Chen Songqing's foolishness in his heart, he would not show it. What's more, he was mixed with Landmark, so he couldn't take it lightly.

"Where is it, Chen Sheng is being modest! If you want to say that recently, Chen Sheng is a big hit in Hong Kong's business circles, which one is so red!"

This is not bragging, it is true!
In the past year or so, Chen Qingsong, through dazzling operations, transformed Carrian from a small real estate resale company with only tens of millions of Hong Kong dollars into a Carrian Group with a market value of 36 billion Hong Kong dollars, ranking among the top real estate companies in Hong Kong Island. Top ten (eighth) by market capitalization.

Chen Qingsong's series of business operations are called "turning a stone into gold" by the citizens of Hong Kong Island, and they are immersed in it:
At the end of the 70s, Baoguang Group intended to sell one of its listed companies, Hanmei, as a shell;
Under the arrangement of gold medal dealer Zhan Peizhong, Chen Qingsong bought the shell.

In the early 80s, Carrian Group acquired the Golden Gate Building under Hong Kong Land for HK$10 billion (the payment was all funded by loans, and it took half a year to complete the payment). The price of this transaction has caused a sensation in the entire Xiangjiang;
The Carrian Group made a lot of money, and Chen Qingsong became famous for a while.

In July 1980, Carrian Group claimed that a group was willing to pay 14.3 billion Hong Kong dollars to acquire the Golden Gate Building (most likely it was false news spread by Carrian Group itself), and the real estate industry in Hong Kong and Kowloon was shocked;
In just half a year, he can make a profit of 4.3 million Hong Kong dollars, which makes people call Chen Qingsong "turning a stone into gold".

Although it is very rare for a buyer to bid "high", Carrian Group stated that the real estate market is booming, and it is necessary to re-evaluate the Golden Gate Building;
The implication is that 14.3 billion Hong Kong dollars is still an underestimation of the Golden Gate Building;

This move also made the citizens of Hong Kong Island think that Chen Songqing is not the kind of mediocre person who sees small profits and is open-eyed, but a great business talent.

Next, Carrian Group claimed that in view of the company's considerable performance and grand plans, it announced a 10% increase in dividends and distributed bonus shares (scrip dividends), which instantly made Carrian's stock rocket.

Next, Carrian Group issued another message, claiming that it was negotiating with Baishun Group (later confirmed—false news), and the Golden Gate Building was sold at a price of 17 billion Hong Kong dollars;
Affected by this news, Carrian Group’s stock soared again, reaching HK$15.4 by the end of the year, with a market value of HK$36 billion;
When Chen Songqing acquired Hanmei, the stock price was only 3.6 Hong Kong dollars, and within 9 months, the increase was more than four times.

Chen Songqing blew out the biggest soap bubble since the opening of Hong Kong Island.

However, Chen Songqing's madness has just begun. In September, he announced the establishment of a shipping company and became a shareholder of a five-star hotel chain group in Thailand.

In November, it acquired Jielian Company under the Zheng Yutong family, and in December, it acquired 11% of the equity of Nikkatsu Group, the fifth largest film company in Japan.

As for other plans to develop various real estates, there are countless.

But these investments are true and false, the false ones are true, the profits from the transaction are false, and the real thing is to pile up the stock price.

In Xiangjiang, in addition to using land or real estate as collateral for normal commercial loans, there is also a method specifically for listed companies, which is to use the company's market value as collateral.

Under normal circumstances, banks are willing to lend half of the market value of listed companies. Chen Songqing seized this loophole and began to create all kinds of fake news, piling up Jianing's stock price, obtaining a huge amount of liquidity from the bank, and then This money is used to develop the property, profit from it and then pay off the debt.

If the real estate market continues to thrive, this model may really be successful;

However, when the real estate crisis broke out in the second half of 82, the capital chain of the entire Carrian Group was completely broken, and the so-called tens of billions of consortiums were broken in a pinch.

After the two sides had some business exchanging, Wu Guangyao got to the point: "The two are working together on the Mira Hotel's old wing project recently?"

Chen Songqing quickly replied: "Yes, Wu Sheng is also interested in this project, then we very much welcome you to join us!"

The reason why Chen Songqing invited the Wu family to join this project before Bao Fuda was due to a calculation;

That is, let the citizens see that Chen Songqing can cooperate with this boss, and his reputation will not improve again;

As long as his reputation is getting bigger and bigger, the stock price of Carrian Group will naturally get higher and higher;

After that, whether it is a loan or issuing new shares, it is a breeze!

Wu Guangyao was naturally Chen Songqing's little abacus, and said with a smile: "The real estate company under the company has too many big projects recently, I'm afraid there is no way to do it!"

Bao Fuda interrupted: "Mr. Wu is talking about the large-scale housing estate project in Tin Shui Wai!"

Seeing Bao Fuda's envious face, Wu Guangyao suddenly had a plan!
The Tin Shui Wai residential area has planned 10 large housing estates, with a total of 10 houses (3 low-rent houses. PS: The population of Hong Kong in this life is about 30 more than the previous life, and the economy is more than 25% higher. Therefore, real estate No major structural changes will occur);
Only three large-scale housing estates have been developed and completed so far, and the fourth large-scale housing estate is about to be completed.

Real estate developers on Hong Kong Island are all envious of the Wu family's exclusive ownership of these real estate properties, but there is nothing they can do;

Because the Wu family has invested 200 billion Hong Kong dollars in Tin Shui Wai successively, naturally they will not allow other real estate developers to enter Tin Shui Wai to make money.

Wu Guangyao said with a smile: "Yes, the development of Tin Shui Wai has already enriched the business of my real estate company, so I am not moved by the development of the old wing of Miramar Hotel!"

Bao Fuda immediately said: "Our Hongkong Land Company is optimistic about the future of Hong Kong. If Mr. Wu is interested, he can consider cooperating with our Hongkong Land Company to develop a large-scale housing estate project in Tin Shui Wai!"

This.
Come into the trap yourself!
Wu Guangyao originally meant to ask his subordinates to tease Landmark. The Wu family business sold a piece of land in Tin Shui Wai, and Landmark contributed capital.

But I didn't expect that Bao Fuda couldn't bear it so much, and now he actually proposed it!
However, when Wu Guangyao caught sight of Chen Songqing, he was also excited, ready to move;
Immediately said euphemistically: "We will discuss this later, let's talk about the Miramar Old Wing project!"

Seeing that Wu Guangyao didn't refuse, Bao Fuda nodded and said, "Yes, let's talk about the Miramar Hotel Old Wing project first. Mr. Wu, since you have no intention of joining this project, then it shouldn't be a problem for us to get a loan from China Everbright Bank!"

Chen Songqing looked at Wu Guangyao expectantly. If he could get a loan from Wu Guangyao's bank, Chen Songqing felt that his bragging had not been seen through;
More importantly, I can still use this loan as an excuse to cheer up the stockholders and continue to pile up the share price of Jianing Group.

Wu Guangyao pretended to think about it for a while, and said, "I looked at your loan application, and there is no problem in theory; but I have one condition, which you must agree to; that is, this loan, and you must guarantee each other."

According to common sense, this loan is a joint development project between Hongkong Land and Carrian Group. Even if debts arise, both parties will bear the responsibility according to their shares;

Wu Guangyao insisted on making the two parties guarantee each other, so that after Carrian Group collapsed, Landmark would undertake all the loans for this project.

Chen Songqing panicked for no reason, this Mo Fei saw his lie;

What a horrible person!
Bao Fuda also frowned, he was thinking whether Wu Guangyao was plotting against Landmark;

This is a lesson from the past. When Hutchison Qi Dezun asked Wu Guangyao for a loan, it was precisely because of the pledge of shares that he easily lost the dominance of Hutchison Whampoa in the end.

"The market is so good, Mr. Wu is actually worried that we won't be able to repay the loan!" Bao Fuda said in a deep voice.

"I made this request just for peace of mind, and the market is so good, why should you both care about guaranteeing each other? Don't you have confidence in yourself?" Wu Guangyao said with a smile.

Chen Songqing didn't care about it at this time, he only wanted to get the loan quickly and start his first real big project;

"Mr. Wu is very reasonable. It is normal for banks to be more cautious, so Carrian Group is willing to sign a mutual guarantee! Mr. Bao Fuda, there is no reason to hesitate. We cooperate with this project to make money. Too many considerations are possible. no!"

Bao Fuda thought for a while, and let go of his vigilance;
Last year, Hongkong Land Company made a profit of 7 million Hong Kong dollars and tasted the sweetness;

If there is no further increase in investment, those Chinese-funded companies will catch up with Landmark in the future.

Moreover, this person only asked for a mutual guarantee for the loan, and did not ask Hongkong Land to use shares as collateral, so what are you afraid of!
"Okay, we agreed to Mr. Wu's request, but we hope that China Everbright Bank will give you a minimum discount in terms of interest!" Bao Fuda said.

Wu Guangyao nodded, he didn't care about the interest of one or two points;
Because Everbright Bank has too many deposits and cash flow, if it does not lend out, it is also depreciating.

Of course, if the loan is given to some companies that went bankrupt during the Sino-British negotiations, it will not be a depreciation, but a loss!

Therefore, Wu Guangyao will still remind China Everbright Bank and Hang Seng Bank at the appropriate time.

"10 billion Hong Kong dollars, how about 8.5% interest?" Wu Guangyao said.

Bao Fuda and Chen Songqing were overjoyed. At this time, the loan interest on Hong Kong Island was basically above 10%, and the highest could reach about 14%;

Even Chen Qingsong braggingly dared to say that he had obtained a 9% long-term unlimited loan from an overseas consortium.

"Yes! Thank you so much, Mr. Wu!"

Next, the three of them chatted while drinking red wine; during the dinner, Wu Guangyao repeatedly "casually" expressed his optimism for the real estate industry on Hong Kong Island;
This made Landmark Bao Fuda and Carrian Chen Songqing overjoyed, feeling that they had received a reliable guarantee!

(End of this chapter)