The Industrial Giant Reborn

"HSBC can provide 20 million Hong Kong dollars with an interest rate of 6 points, how about it?" Shen Bi said with a smile.

"Yes." Chen Zhiwen nodded and agreed, and he was able to provide 80% of the mortgage. It is probably because Shen Bi knew that there were nearly hundreds of millions of funds in his account. What banks like to do most is icing on the cake. The richer they are, the more they want loan.

As for the interest rate being 6 points higher, it is considered a discount. Before the Hong Kong stock market plummeted and a large amount of funds fled abroad, the Hong Kong government’s foreign exchange was tense. In order to stabilize the Hong Kong dollar, the Hong Kong government raised interest rates three times in a row, which greatly increased the financing cost of banks. It caused a further plunge in the stock market and the local market, which can be regarded as abandoning stocks for the sake of foreign exchange.

Shen Bi smiled and said: "Then I will tell the people in Huodoli the news. If there is any company Chen Sheng wants to acquire in the future, please come to me at any time."

"Actually, there are." Chen Zhiwen smiled and said, "I've taken a fancy to this company again."

Shen Bi came to his senses, took a look at the documents, frowned and said, "Universal Electronics? This seems to be a very small company, right?"

"It's relatively small, and the valuation is estimated at four to five million Hong Kong dollars." Chen Zhiwen said with a soft smile.

Universal Electronics is the largest radio manufacturer in Hong Kong. Its internal business is mainly OEM for several international giants, and it also has its own brand. However, the main market for the radios it operates is in Southeast Asia, and its monthly production capacity is about About 500,000 units, with more than 2,000 employees.

From the perspective of the number of people, the scale is not small, but in front of the business elite, it is a small company. First, Universal Electronics does not have its own real estate, and the factory leases a 7-story industrial office building. Second, as an OEM, it According to the survey data of Galaxy Holdings, before the oil crisis, Global Electronics could only make a net profit of HK$0.1 for a radio as an OEM.

"This kind of small company, why did Chen Sheng buy it? Is it really going to go all out into the manufacturing industry?" Shen Bi asked with some incomprehension. This year also saw the real estate crisis. In the past few years, as long as one person has money and buys a piece of land to build a building, the money a community can earn can easily exceed the ten-year net profit of a large foundry in Hong Kong. If you only buy a property and live there, and sleep at home every day, your income will be much higher.

Although there are still a lot of manufacturing factories in Hong Kong, most of them are those of the older generation who don’t want to change or dare to change. The younger ones have already been out of the game through real estate. Chen Zhiwen is a young man. It was nothing more than buying the United Beverage Factory before. The possible purpose was to use the land under the United Beverage Factory. But this time Universal Electronics is a real physical factory, and it doesn't even have its own factory building. .

"It's only a few million, it's just my personal pursuit." Chen Zhiwen didn't explain too much. Now that he wants to do his best in the manufacturing industry, he would probably be regarded as a fool. In fact, if he didn't know the opportunities and opportunities in the electronics industry in the future, If there are various outlets, it is impossible for him to spend his money here, and just go all out to hoard low-priced stocks now, and he may not be worse than Lao Li in the real estate industry.

"Okay, then I'll ask Huodoli to pay more attention to it." Shen Bi didn't ask any more questions. Everyone has their own preferences. For example, many rich people in Hong Kong like antiques. It sounds silly to me, but it's fine if he likes it.

"Then I'll wait for the next good news." Chen Zhiwen said with a smile.

If you want to acquire in Hong Kong, sometimes you really have to entrust these professional institutions. They have rich experience and sufficient resources, and they can quickly know the weaknesses of the other party, so as to find a place to start. Before that, Chen Zhiwen had actually arranged for his men to test Universal Electronics, but he was rejected several times without even having a chance to negotiate. In desperation, he had to go to HSBC again. If it failed, he had to consider other options. There are a few, but the other few are much simpler. The bosses of two have already let go, and now it is a matter of price.

"Is Chen Sheng still not planning to invest in the real estate industry? Recently, the Hong Kong government has auctioned off two pieces of land in Tsim Sha Tsui. I think the location is good. If Chen Sheng is interested, he can take it at a 5% discount." Shen Bi tentatively asked with a smile.

"In terms of real estate, I'm also ready to start, but I don't want to get involved in the official auction of land." Chen Zhiwen said with a smile.

The money for plastic particles has basically been recovered, and two more are in the process of going through the process. By that time, I will have more funds in my hands. Although Chen Zhiwen is also planning to invest a little overseas, and Red Bull also needs a lot of funds to invest internationally. publicity on the Internet, but the proportion of these funds is still not much, and other funds will naturally be placed in the real estate market.

At present, the first priority is to absorb the shares of Wharf. This fund is most suitable for making money from speculating on plastics, and the funds on the bright side are used to cooperate with HSBC.

However, there are too many restrictions on the official auction of land. After the land is acquired, it needs to be developed within a specified time. Generally, it takes one to one and a half years to build the property. The problem is that Hong Kong's real estate will not recover until 1976. , even the amount raised in 1976 was not much. Now, even if you don't lose money, you can't make much money if you buy official land for auction.

Shen Bi naturally knew the rules of the official auction, and said with a smile: "Then how does Chen Sheng plan to enter the real estate market? Will he buy old buildings, or buy land from other companies?"

Chen Zhiwen paused and said, "I want to buy a real estate company directly, Mr. Shen Bi, what do you think?"

"Which company?" Shen Bi became interested. Acquiring companies is also one of HSBC's main businesses, and if it is a real estate company, it will definitely need to invest in or develop other projects after it is acquired. This must also require loans. Once it is settled, HSBC Can make money from every link inside.

"Yonggao Company." Chen Zhiwen said.

"Yonggao, Hilton Hotel?" Shen Bi asked with bright eyes.

"Yes, it's the Hilton Hotel." Chen Zhiwen nodded and said.

In later generations of Hong Kong, Hilton’s hotels in Hong Kong are located in Mong Kok and Pacific Place in Admiralty. The former was established in 2016, and the latter was established in 1991. But in fact, Hilton came to Hong Kong as early as 1961, and its location, Naturally in Central.

The Hilton Hotel is operated under the light asset model. The hotel management group does not hold hotel properties. Also listed in Hong Kong.

In the original history, in 1976, Li Jiacheng’s Cheung Kong Industrial acquired Yonggao Company and obtained the first property in Central, but did not participate in the management. Hilton still operated the hotel. In the 1990s, Cheung Kong Industrial and Hilton reached an agreement , ended the cooperation agreement ahead of schedule, demolished the hotel, and built the most famous Cheung Kong Industrial Center Building in later generations, which is the headquarters of Cheung Kong Industrial.

Anyone who knows a little about Hong Kong in later generations knows how superior the location of Cheung Kong Industrial Center is, close to the future headquarters of HSBC Group and Bank of China Group. It is also difficult for money to buy such prime location land in Central.