Reborn as a tycoon in Hong Kong

Hutchison Whampoa.

Chen Songqing brought people to Hutchison Whampoa. This time he quickly met Wei Li. The two met in the conference room, each with some people around him.

Chen Songqing said: "Taiban, I'm here today to talk to you about the transfer of the shares of Jianing Group held by your company. I hope we can reach a general consensus today."

"Now that Chen Sheng has made his choice, we no longer want to hold the shares of Jiani Group. As long as the price is right, Hutchison Whampoa will definitely transfer the shares." Wei Li said immediately.

"Well."

Chen Songqing asked directly: "I want to confirm first. Does your company currently hold 25.62% of the shares of Jianing?"

Wei Li nodded: "Yes, Hutchison Whampoa has not sold any of its shares of Carinin before."

Chen Songqing asked: "Then what price does your company want to sell it at?"

"Although Chen Sheng's choice is regrettable, Mr. Lin and I are very optimistic about Chen Sheng's ability. Under the leadership of Chen Sheng, Jianing Group has also developed in an orderly manner. We believe that Jianing Group will develop better. The company's current The stock price does not reflect the market value of the Carining Group. Therefore, we believe that the shares held by Hutchison Whampoa should be sold at a premium."

The sale of shares has become an established fact. As Hutchison Whampoa's chief executive, Wei Li must plan more benefits for Hutchison Whampoa.

"Thank you Lin Sheng and Taipan for their optimism."

Wei Li's words were so high-sounding that Chen Songqing couldn't directly refute him. It was impossible for him to say bad things about Jia Ning Group. If word spread like that, it would definitely cause a huge blow to Jian Ning Group's stock price. However, it is impossible for him to echo Weili's words and let Hutchison Whampoa's shares sell at a high price.

"I found a friend who was willing to take over the shares of Carin in Hutchison's hands, but he had a different view."

"Oh, what do you say?"

Wei Li said he was all ears.

Chen Songqing said: "In the past two years, both the property market and the stock market in Xiangjiang have risen, but this rise cannot be permanent. Coupled with the uncertainty of the ownership of Xiangjiang, risks are likely to arise in the property market and stock market. If I remember correctly , Lin Sheng, the chairman of your company, also said something similar, right?"

"Mr. Lin just said there are potential risks."

Wei Li couldn't refute, but he still said: "Also, Mr. Lin is very optimistic about the economic development of Xiangjiang. Our Xiangjiang is such a big place. With good economic development and a large population, housing and land prices will only continue to rise. Various real estate companies The development prospects are predictable.”

"There's always a risk."

Chen Songqing did not argue with Wei Li, but said: "Now that my friends have taken a big risk by taking over the shares in your company, the shares sold by your company should be priced according to the current closing price. discount. Compared with the shares your company received when selling the Golden Gate Tower, your company has already made a huge profit."

"It's not about making huge profits. The property market is rising and the price of the Golden Gate Tower continues to hit new highs. If Hutchison Whampoa keeps holding the Golden Gate Tower, it will not make less money."

After a pause, Wei Li continued: "Furthermore, we will not agree to this based on the current closing price. After I informed Chen Sheng of your transfer of shares last time, so far, Jia Ning Group’s stock price has dropped by about 10%, and we have reason to believe that you deliberately suppressed the stock price in order to lower the transfer price of the shares.”

"That's absolutely not the case."

Chen Songqing immediately retorted: "The decline in Carining's stock price is a normal adjustment of the market and has nothing to do with us."

"During this period, the Hang Seng Index rose as a whole, but the share price of Carinone Group fell by 10%. How can we believe that this is a spontaneous adjustment of the market?" Wei Li shook his head.

"Taipan, that is indeed a spontaneous adjustment of the market."

Chen Songqing still didn't want to admit that they did do this, but they could only do it but not admit it.

At that time, in order to prevent Hutchison Whampoa from discovering the problem, they deliberately controlled it and did not let the share price of Carnegie Group fall too much. They only adjusted it by 10%. Unexpectedly, Hutchison Whampoa discovered it.

"Chen Sheng, if you are like this, then I think there is no need for us to continue talking."

Wei Li immediately said with a stern face: "We would rather sell the shares from the stock market ourselves. Although the selling price will be lower, Jianing Group will not be easy. The stock price will inevitably fall sharply, and that has nothing to do with us. "

"Don't be impulsive, Tai Ban. Let's talk slowly."

Chen Songqing heard this and quickly reassured him. If Hutchison Whampoa really did this, it would have a huge impact on him and Jianing Group.

If Hutchison Whampoa sells a large number of shares in the stock market, a large number of investors will definitely follow suit. Once the British capital fails to catch the selling, the stock price will inevitably plummet, resulting in a series of chain reactions. His Carnegie empire may even collapse as a result. .

Chen Songqing knows the situation of Jianing Group best, and he knows that he must not let this worst-case scenario happen.

If it weren’t for Shen Chou of HSBC to get to know those British bosses, and with Shen Chow’s help, it was determined that HSBC and the British capital would take over Hutchison’s shares of Carin, and that HSBC was willing to give greater support to Carin Group, and more loan, without these guarantees, Chen Songqing would not dare to 'betray' Lin Baicheng, and would be at odds with Lin Baicheng.

"It's okay to talk slowly, but Chen Shengqian must also show sincerity."

Wei Li did not get up and leave immediately. After all, he could sell the shares at a higher price by directly transferring the shares to Chen Songqing and others.

"How about this."

Chen Songqing thought for a while and said: "I can make a concession. The reference price for our final transaction will be based on the closing price on the day we met. What do you think, Taipan?"

"Can!"

Wei Li just pondered for a moment before agreeing. Although the stock price of Jianing Group fell that day, the drop was not big, only about a point. He didn't hold on to it, so let's just take a step back.

"Okay, let's continue discussing the transfer price."

When Chen Songqing and others suppressed the share price of Jianing Group before, they did it based on the idea that it would be best if they succeeded, and there would be no loss if they failed. Now there is no loss if they make concessions.

The two parties headed by Chen Songqing and Wei Li continued to negotiate. In the subsequent negotiations, the people brought by both sides also spoke from their respective positions.

After almost an hour, the negotiations were suspended.

Today, the two parties did not negotiate a specific transaction price, and neither party was willing to make concessions. Therefore, they made an appointment to continue the negotiation in two days, and the place was still here at Hutchison Whampoa.

Not long after Chen Songqing and others left Hutchison Whampoa, Lin Baicheng of Galaxy Financial Group received a report.

Lin Baicheng had nothing to say about this and just asked Wei Li and others to continue talking.

When receiving the report, Lin Baicheng was still reading the annual reports. He had just finished reading the annual reports of several Japanese companies.

The first is Zhiyin Comics Publishing Company.

The company's revenue is currently mainly divided into two parts, one is the comics published and distributed by the company, and the other is the revenue generated from the sales of Xingyue consoles.

Xingyue console sales, which have nothing to do with the main business of Zhiyin Comics, have brought revenue and profits to Zhiyin Comics that exceed the main business.

In 1979, Zhiyin Comics received a share of more than 20 million US dollars through the sale of Xingyue consoles. In 1980, this share ratio increased again, and it was an increase of more than 50%, earning a share of more than 34 million US dollars.

In terms of its main business, Zhiyin Comics built its own channels, so the costs were high in 1979, but the returns it brought were also very high.

In addition, the plots of several of the company's comics are becoming more and more popular, and the sales of single volumes are also getting higher and higher. The advantage of self-operation is that the profits are basically all your own.

Zhiyin Comics does everything by itself, from printing to promotion to distribution in bookstores and comics stores.

Under this model, as long as the company has good works and they become popular, basically all the profits can be pocketed by the company. But similarly, if the work is not good, the losses will be huge.

In 1980, the net profit from Zhiyin Comics' self-operated main business was 1.13 billion yen, which was 22.6 million Hong Kong dollars when converted into Hong Kong dollars.

The sales of Xingyue consoles naturally also brought huge profits to Zhiyin Comics. The share of 34 million US dollars, after deducting the commissions of clerks, store managers, regional managers, etc., as well as various other expenses, ultimately brought Zhiyin Comics a huge profit. Net profit of $28 million.

This net profit is still very high. The main reason for this high is that Zhiyin Comics basically does not have to do anything. After receiving the goods, it is stored in the warehouse and then distributed to various branches. The corresponding expenses are not much.

In the final calculation, after deducting a little more than 17% of expenses from the commissioned sales revenue, what is left is the company's net profit.

Of course, there is no tax calculation here. The tax is paid on all net profits of the entire company, and there are certain reasonable tax avoidance methods.

All added up, in 1980, Zhiyin Comics' net profit was about HK$140 million.

Compared with the net profit of HK$48 million in 1979, Zhiyin Comics' net profit growth in 1980 was still relatively large.

The reason for this is not only the increase in revenue and profit from direct sales and consignment sales, but also because the channel expansion of Zhiyin Comics was basically completed in 1979, and the expenditure in 1980 was greatly reduced, so the net profit increased.

Baihuifeng Co., Ltd., in 1979, the company's revenue and profits were actually not high.

But in the 1980s, Seiko Matsuda became very popular. After becoming a star, his albums and endorsements could bring huge profits to the company. That is to say, she has just become popular, but her popularity is not stable enough. She is not popular enough to be popular even if she holds a concert, otherwise she can make more money for the company.

However, Matsuda Seiko was Lin Baicheng's woman, so when she signed the contract, she didn't sign a newcomer slave contract, but a 30-70 split.

In other words, Seiko Matsuda can get 30% of the money she earns for the company. This is already a very friendly contract for newcomers.

If it weren't for the company's two shareholders, Iwasaki Mineryu and Yamaguchi Momoe, Lin Baicheng would definitely have given Matsuda Seiko a higher share ratio, mainly because he simply doesn't value this amount of money nowadays.

In the 1980s, in addition to Matsuda Seiko, the company also tried to launch several artists, but unfortunately none of them became popular and the money they earned for the company was limited.

At the same time, Nakajima Miyuki, who signed the contract, did not bring much profit to the company in 1980 because the contract was signed relatively late. And in order to show its sincerity, the company's share of Miyuki Nakajima's share is higher than the market price. After all, a small company can sign Miyuki Nakajima. Even if Miyuki Nakajima does it for Momoe Yamaguchi's sake, it won't work if the company doesn't pay.

No matter what, in 1980, Baihuifeng Co., Ltd.'s net profit was 430 million yen, or 8.6 million Hong Kong dollars, of which the vast majority of revenue profits were provided by Seiko Matsuda.

After reading the annual report of Baihuifeng Co., Ltd., Lin Baicheng thought that if Seiko Matsuda still followed him without complaint in the next few years, then he would let Seiko Matsuda become the president of Baihuifeng Co., Ltd. like Momoe Yamaguchi. Shareholder, let her also be the boss.

The status between artists and bosses is still different. Even the most popular artists are just wage earners, while bosses are capital and have a higher social status.

Bailong Commercial Co., Ltd.

In 1979, the company's net profit was only US$11 million, mainly because the company implemented a strategy of reluctant to sell real estate, and its total assets at the end of the year were about US$600 million.

At the end of May 1980, the company completed a financing. Mitsubishi Zaibatsu, the Sato family, Clair Rockefeller, and Abigail Johnson took over 20% of the financing, and raised 176 million at a valuation of US$880 million. Dollar.

After completing the financing, Bailong Commercial Co., Ltd. had more funds and received support from the Mitsubishi Zaibatsu and the Sato family. The Mitsubishi Zaibatsu can allow Bailong Commercial Co., Ltd. to obtain more loan support. The Sato family is a political family and can allow the company to obtain more land in Tokyo.

In other words, after this financing, Bailong Commercial Club not only received a large amount of funds, but also gained a pair of wings and developed rapidly.

Due to the joining of several companies, the company slightly changed its development plan in 1980, that is, it was no longer as reluctant to sell properties as it was in 1979.

After the completed property is sold, the funds are collected, and then the land is obtained, and the property is continued to be built with a loan from the bank, and the cycle continues.

If we didn't do this before, it was because with Iwasaki Mineryu alone, the company couldn't get the land quickly. If too many properties were sold, the losses would be too great. After all, the longer the property is kept, the more valuable it becomes.

Things are different now. If you have money and don’t have to worry about getting land, it certainly opens up development.

Therefore, in 1980, Bailong Commercial Co., Ltd.'s net profit increased significantly, achieving a net profit of US$28 million.

As for the company's total assets, including the US$176 million brought by financing, the total assets at the end of the year exceeded US$900 million, reaching US$940 million, not far from the total assets of US$1 billion.

However, the company's assets are all real estate. Now, Japan's housing prices are rising as a whole, just like Xiangjiang. Although they have not risen as much as Xiangjiang, the rising property market is the main reason for the larger increase in the company's total assets.

For a real estate company like this, once housing prices fluctuate greatly, total assets will also shrink severely. If a company's debt ratio is too high, it can easily become insolvent.