My 1999
Chapter 445 Taking Shares
Xu Liang nodded, looking thoughtful.
So far, Sun Haizhen has done a very good job, completely opening up Hongmeng Company's situation in Indochina, Greater China, and some countries in South Asia.
Great credit.
However, some people within the company also reported that he was arbitrary and brutal in his methods, and he had a monopoly within Zhongnan Company.
Xu Liang didn't take these accusations to heart. He wanted to open up a new situation in the chaos. It was impossible without a strong hand.
This will naturally lead to gossip.
As the company's CEO and actual controller, he doesn't care about Sun Haizhen's work style. What he wants is a steady increase in net revenue and net profit of Zhongnan subsidiary.
As long as he can do this, he doesn't care at all about some rumors.
What he is thinking now is whether he needs to adjust Sun Haizhen to other positions to continue to use his advantages to explore the European or South American market?
Sun Haizhen's ability is very suitable for exploring new markets.
"Now is not the time. Let's wait until Zhongnan Company has stabilized for another two years and everything has been straightened out before making adjustments." Xu Liang said.
"Mr. Xu, with the popularity of games such as "Legend" and "Miracle", many Indian agents want to distribute our games. So, should we set up an Indian company to be responsible for this part of the business?"
Seeing Sun Haizhen's slightly worried eyes, Xu Liang smiled.
Knowing clearly that he did not intend to enter the Indian market, he still wanted to test his attitude, which was considered bold enough.
However, it was precisely this boldness that allowed Zhongnan Company to develop so fast in this backward land.
"You want Zhongnan Company to be responsible for the Indian business?"
Sun Haizhen, who was exposed to her worries, did not hold back.
"Mr. Xu, our Zhongnan Company is close to India, so we are the most suitable."
Xu Liang nodded, "I can leave the Indian business to you, but you have to remember that for the Indian market, we only make money and don't invest money.
Of course, this does not mean that you will not spend a penny, but that you cannot invest more than 10 million Chinese coins.
Moreover, when cooperating with Indian companies, you must first collect money before cooperating. "
Sun Haizhen nodded, "Mr. Xu, our company's websites still have many Indian users. Do you think we can develop them appropriately in India?"
Hongmeng's major websites have English versions, Bengali versions, Tengagalu versions and Tamil versions. These languages have audiences not only in Bangladesh and Sri Lanka, but also have an audience of nearly 200 million in India.
They are also users of Hongmeng’s major websites.
"no."
Xu Liang simply refused.
"It's unnecessary. You can't make much money, and you still have to lose money. There's no need to waste time in the Indian market."
"But……."
He waved his hand to interrupt him, "It's nothing, I've made up my mind."
Seeing his firm tone, Sun Haizhen sighed inwardly and had no choice but to agree.
He really couldn't figure out why Xu Liang was indifferent to a supermarket with unlimited potential and a population of more than one billion? !
"Let's go, take me to the company."
Sun Haizhen nodded, and the two of them walked around the company.
He left after a short meeting with the senior management.
"My dear, are you back?"
An Kaiyue heard the sound of the door opening and hurried forward to greet it.
The hip-hugging skirt with black stockings that she once loved to wear has become a loose and comfortable white knee-length skirt. Her long hair is shawl, and her fair and beautiful face is less charming and more maternal.
Holding his still slender waist, Xu Liang said warmly: "How are you feeling today? Is the morning sickness still severe?"
"Sister Liu cooked red dates and barley porridge for me, and I feel much better."
As he spoke, he took Xu Liang's left hand and placed it on his lower abdomen.
"Honey, touch me, I feel like he's kicking me."
Xu Liang smiled and said: "You can only feel fetal movement after five months of pregnancy. You are less than two months old, so it's still early."
"But I clearly feel it."
"Okay, let me feel it too."
A pregnant woman's hormone secretion is strong and her temper becomes sensitive, so Xu Liang let her go.
Looking at the man who put his ear against her belly and gently stroking his prickly short hair, a strong sense of happiness filled her heart.
"If only time could stop."
"Dear, do you think the baby is a boy or a girl?" An Kaiyue asked.
"Whether it's a boy or a girl, I like them all."
"My morning sickness is so bad, the baby must be a boy. And he is such an outstanding man like daddy."
"Um……."
After spending time with An Kaiyue for a while, Xu Liangcai returned to the study to continue working on the work at hand.
The next morning, after taking An Kaiyue for a walk on the lawn outside, Lu Hui came over and said.
"Mr. Xu, Qiu De, please call Mr. Qiu."
Xu Liangliang was moved and took it.
"Mr. Qiu, good morning, are you looking for me?"
"Good morning, Mr. Xu." Qiu Deba said directly after a brief greeting, "I agree to what you said yesterday. Standard Chartered's shares can be sold, but I have two conditions."
"Speaking."
"First, all hotel properties in the complexes owned by Taihua Real Estate cooperate with the Qiu family."
There was a hint of thought in Xu Liang's eyes.
He originally planned to build the hotel attached to the Taihua Complex himself. Although the profits in the hotel industry are not huge, they are more stable. However, the hotel is not his main business, so there is no problem in leaving it to the Qiu family.
Moreover, the Qiu family has rich experience in this area and has more mature brands to utilize.
The money saved can be invested in real estate.
"Can."
Qiu Deba breathed a sigh of relief and just agreed.
"Second, reserve a seat on the board of directors of Standard Chartered Bank for the Qiu family."
Xu Liang agreed without hesitation.
It's just a board seat, and it doesn't affect his control of Standard Chartered's overall situation.
"You can send someone over tomorrow to discuss the specific transaction price."
"OK."
After a brief chat, Xu Liang hung up the phone.
"You call Xia Changsheng immediately and ask him to send someone over to discuss the acquisition of Standard Chartered shares with the Qiu family."
"Okay...Mr. Xu, we have also received a lot of calls to visit."
Now Xu Liang is a star wherever he goes.
Everyone wants to take a bite.
"Remember the phone number and send me an invitation in a few days to hold an investment reception," Xu Liang said.
Solve it once and save yourself the trouble.
"OK."
——
Having reached a rough agreement, the negotiations between Hongyan Fund and the Qiu family went smoothly.
With a total valuation of US$9 billion, Standard Chartered Bank acquired 14.9% of the Qiu family's equity for US$1.34 billion in cash.
"Mr. Xu, we have acquired 5% of Standard Chartered's equity from the secondary market. Counting the 14.9% owned by the Qiu family, we currently hold 36.7% of Standard Chartered's equity." Xia Changsheng said.
Xu Liang took the document and looked at it briefly before nodding.
"Have letters been sent to the London Securities and Exchange Commission and Standard Chartered?"
"We are about to send a fax...Mr. Xu, are we still going to acquire the equity of Standard Chartered?"
Xu Liang thought for a while and shook his head.
If you continue to acquire, you can only acquire less than 10% of the equity from the secondary market. If you want to acquire more, the hedge funds that flock in can lift Standard Chartered's equity to the sky.
Xu Liang is not willing to be taken advantage of, nor does he intend to pay a high price.
If you really want to acquire Standard Chartered, the most suitable opportunity will be after the subprime mortgage crisis.
"Forget it. The current Standard Chartered shares are enough for us to control the Standard Chartered board of directors. We will talk about the rest later."
Unlike companies in East Asia, most companies in Europe and the United States have very dispersed shareholdings.
Taking Standard Chartered as an example, there are only four individuals and institutions holding more than 5% of the shares. Now that the Qiu family has been eliminated, there are only three left.
In addition to Hongyan, the second-placed BlackRock Group only has 7.4% of Standard Chartered's shares, and Fidelity Investments has 5.3%.
Generally speaking, only those who hold more than 1% of the shares are eligible to participate in the Standard Chartered shareholders' meeting.
And the total number of such people does not exceed ten.
Therefore, although Xu Liang’s shares are less than 40%, he can control more than half of the voting rights.
Although Standard Chartered has a shark-repelling clause, only three directors can be rotated every year.
But last year, he already installed three directors within Standard Chartered, and this year he can install three more with his voting rights.
In addition, more than half of the original directors of the Qiu family can easily control the board of directors of Standard Chartered, and truly have the power of life and death of Standard Chartered.
The remaining equity is not that important.
"How much money is still owed from Hongyan's equity investment?"
When he initially invested in Apple, Amazon, NetEase and other companies, Xu Liang used leverage.
"Apple is US$890 million, Amazon is US$1.04 billion, Standard Chartered Bank is US$672 million, and NetEase, Sohu, Moutai, and Wuliangye combined are only US$42 million."
“I heard the Fed raised interest rates?”
"Yes, it's up ten basis points."
Although ten basis points is not much, it means that the Fed will enter a rate hike cycle.
Loan interest rates will gradually become higher in the future.
"How much money is left on the account?"
"$14.4 billion remains."
After finishing speaking, Xia Changsheng looked at the young boss in front of him, still feeling emotional in his heart.
He really didn't expect that Xu Liang could earn a huge capital of nearly 16 billion US dollars from just one oil speculation.
It's amazing.
Now, he is completely convinced by the big boss.
Xu Liang nodded clearly.
After the oil speculation ended, the loan money was basically repaid.
Only the US$260 million remaining after the sale of the New Dream Real Estate project is still on the account.
With the addition of US$260 million, the cash on Hongyan Fund’s books reached an unprecedented US$16.2 billion.
However, after acquiring the equity of Standard Chartered from the Qiu family and buying another 5% equity of Standard Chartered from the secondary market, US$1.8 billion in cash was consumed.
"Except for Apple, Amazon and Standard Chartered, let's cancel the leverage on other investment targets." Xu Liang said.
The total amount of leverage is less than $5,000, and it won’t be of much use if you keep it.
"clear."
"In addition, from now on, the shares of Yahoo Japan held by Hongyan will be slowly sold."
"Mr. Xu, Yahoo Japan's growth is good. Is it too early to take action now?"
"It is necessary to close the position just because it is rising well. If it cannot rise, it will be difficult to sell. Moreover, Yahoo! Japan's stock price has grown too fast. It has grown from 30 billion US dollars to 40 billion US dollars in less than half a year.
The market value is higher than Yahoo headquarters, which makes me feel a little uneasy.
It's better to get rid of it sooner. "
Xu Liang can't remember the specific year when Japan Yahoo's market value will reach what level, but he has accumulated a certain amount of experience in finance for more than three years.
Although the Japanese market is the second largest in the world, based on the experience of later generations, in the absence of overseas markets, it can support up to 30 to 40 billion U.S. dollars of companies.
No matter how high it is, there is nothing you can do.
"I'll make arrangements right away."
Xu Liang nodded, "How about Taihua Real Estate?"
"All projects have started construction. The Chang'an Street Taihua Plaza [Guangyao Oriental Plaza] with the fastest progress will be completed in October."
"What about the new project?"
"Currently Lu Jue has negotiated six projects, three plots of land and two unfinished building projects."
“The Sanlitun plot in Beijing [Taikoo Li Sanlitun] covers an area of approximately 61,014 square meters, with a total construction area of approximately 200,925 square meters, and consumes 1.3 billion Chinese dollars.
The Yangcheng Tianhe CBD land parcel [Taikoo Hui] has a total project area of 400,000 square meters. We bought this land from Yangcheng Newspaper Company and Swire Properties for a total of 1.5 billion Chinese dollars.
Pengcheng Luohu Business District Land [Mixiang City], the project covers an area of nearly 100,000 square meters, with a construction area of 550,000 square meters, and a land purchase price of 1.9 billion Chinese yuan.
Two unfinished building projects.
First, the Magic City Hongqiao Trade City [Aegean Sea Shopping Park] project has a total area of 550,000 square meters and an acquisition capital of 1.4 billion Chinese dollars.
Second, Pengcheng New Century Plaza has a total project area of 188,000 square meters and an acquisition capital of 690 million Chinese dollars. "
When Xu Liang heard about New Century Plaza, a twin tower with dazzling golden light appeared in his mind.
As the landmark of Pengcheng, the name of the golden unfinished building is known to everyone in Pengcheng.
In the last life, one of his business partners mentioned it while drinking, and he still remembered it with an envious look.
I didn't expect that he would actually buy it in this life.
"Arrange the information and fax it to me." Xu Liang said.
"OK."
"Is there any news from Delong?"
The last time he left the Magic City, he asked Delong to help him acquire land. It has been almost a year and he hasn't heard anything from Delong.
"not yet."
"It seems that Tang Wanxin wants to hold it in a big way." Xu Liang said with a smile.
In order for Deron to help, he promised a 5% transaction commission.
Given the sheer scale of real estate transactions, this number is not low.
"Mr. Xu, Delong has been having a hard time recently."
"Oh, what's wrong?"
As Xu Liang's core decision-making and advisory body, under his instruction, Hongyan Fund established a team to track various news about the Delong Group. The news is very sensitive.
"Delong's capital chain has reached its limit. Although the stock prices of the old three shares and the new three shares have been repeatedly speculated, they have not changed. The loans drawn by the financial institutions that have equity participation and control have reached the limit.
Now Tang Wanxin is visiting companies all over the country, and he is not willing to offer 20% interest rates to attract loans. This method of squandering money is already telling.
In addition to difficulties in business, Tang Wanxin's second brother Tang Wanping was hospitalized with a cerebral hemorrhage in April and is no longer able to work. Her mother has just been diagnosed with terminal liver cancer and is now preparing for a liver transplant at Hong Kong Marie Hospital. "
"It's really not easy to be trapped both internally and externally," Xu Liang said.
There was a pause.
"Is Tang Wanxin in Xiangjiang?"
"No. But he comes here every week."
"It's rare that he is so busy and can still go out once a week. He is considered a filial son." Xu Liang sighed.
Xia Changsheng nodded in agreement.
He has seen many rich people, but very few who are filial and prove it through practical actions.
"Lu Hui, please prepare some suitable gifts for me during this time. Next time you go to Xiangjiang, go to the hospital to see the old lady."
Lu Hui, who had been sitting next to him, quickly agreed.
"Lao Xia, I won't keep you here. Take a rest and go back to Xiangjiang tomorrow."
Xia Changsheng nodded.
My thoughts are not going well, there is only one update today.
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