After the two left the Indonesian office of Standard Chartered Bank, Huang Hongnian comforted Zhang Yida, "Don't be discouraged! Winster is just asking for a sky-high price!"

Zhang Yida nodded, "The offer of $2.7 billion is indeed too high! I can still accept it within $2 billion." ”

Huang Hongnian shook his head violently, "I think $2 billion is too high, just 5 times the price-earnings ratio, $1.35 billion is more appropriate."

Indonesia's credit system is very imperfect, and bank performance fluctuates greatly.

The non-performing loan ratio of China's banking sector is only a few 1.0 percent, while the non-performing loan ratio of Indonesia's banking sector is 2-3 times that of this figure.

The P/E ratio of many banks in China has fluctuated at 4-6 times for a long time, and Indonesia's banks are so bad, why do they require a P/E ratio of 10 times?"

Zhang Yida felt a little funny when he listened to the righteous words of the 68-year-old man beside him.

But the starting point is very good, so enthusiastic to help themselves.

But there is no free lunch in the world, Zhang Yida is thinking, what is happening, how to thank Huang Hongnian?

In terms of money, people still have a net worth of one or two billion US dollars. It seems that he can only give him the gift he likes.

"Where are we going next?"

Huang Hongnian said with a smile: "Jardine Group!"

"Which one started selling opium?"

Huang Hongnian nodded and said with emotion: "Yes, that's right, it's them." Jardine Matheson, formerly known as Jardine's & Co., was founded in 1832 in Guangzhou, China.

From the very beginning, it was engaged in the opium and tea trade.

When Lin Zexu imposed a smoking ban in 1839, William Jardine, the founder of Jardine Matheson, personally lobbied the British government in London to start a war with the Manchus, and also advocated the acquisition of Hong Kong as a trading base from the Qing Dynasty.

After the first Opium War, Jardine slowly began to make a fortune.

In addition to the opium trade, it also began to diversify its development, investing in railways, dockyards, various factories, mining, shipping, banks and other industries in Chinese mainland and Hong Kong.

After two centuries, in 49, most of their assets and businesses in Chinese mainland were nationalized by our party. ”

Speaking of this, Huang Hongnian suddenly laughed, "If our party hadn't removed this leech lying on the Chinese people and sucking blood, I wouldn't know that it is now a trillion-dollar market value enterprise." ”

"Even if the mainland's business is gone, relying on the business in Hong Kong and the early accumulation, it has mixed into the world's top 500!"

"yes!"

Huang Hongnian shook his head and sighed, "Hongkong Group, Dairy Farm International, Mandarin Oriental Hotel Group, Jardine Pacific, Jardine Automobile...... Many well-known businesses are under their control.

By the way, there is also the Renfu Mercedes-Benz 4S chain store in the mainland, which is also the largest shareholder of Yonghui Supermarket, Zhongsheng Automobile Group also has a stake, 711, Pizza Hut, and IKEA also have a little relationship with them, either a joint venture or an agency authorization.

Jardine Matheson ranked 277th in the world's top 500 last year, employing 400,000 people and generating nearly $40 billion in revenue.

However, William Jardine lacked virtue and did too much, he had no children in his life, and the family property was all cheap to his sister's son, that is, his nephew.

Today, Jardine Matheson's chairman is the great-grandson of his nephew. ”

On the way to the airport, Zhang Yida and Huang Hongnian took the same car and continued to talk about Jardine Group.

"There are two founders of the Jardine Group, in addition to William Jardine, and there is also a man named James Madison. ”

Huang Hongnian continued: "The descendants of this Ma Dichen are also remarkable, and his nephew founded the Rio Tinto Group. ”

", the mining one?" asked Zhang Yida in surprise.

Huang Hongnian didn't speak, only nodded slightly.

"It is also a Fortune 500 company, with an annual revenue of more than 40 billion US dollars, one of the world's three major mining giants, and one of the world's largest iron ore suppliers. ”

Zhang Yida said indignantly: "Why are all the ancestral tombs smoking? Did you find a feng shui master to choose a feng shui treasure land for them when you came to China to sell opium?"

Huang Hongnian laughed, "It's not so mysterious! In the final analysis, the family foundation saved by selling opium is thick enough, and the descendants are also angry." ”

"Rio Tinto's main iron ore mines are in Australia, and a few years ago, he teamed up with commercial spies to pit domestic steel companies!"

Speaking of this, Huang Hongnian was also very angry, and scolded directly: "The stupid pig is in power, and more than 7000 billion pigs were killed alive by others!"

If the Great Leader were still around, ten shots would not be enough for these people!"

Zhang Yida said that he was helpless, the Rio Tinto case was quite big, the steel staff was bought, and the iron ore demand of the steel company was clearly felt by the international mining giants led by Rio Tinto.

Rio Tinto said that it would raise your price, and you couldn't resist it at all.

And then the fact is that China Iron and Steel Company does not have the right to negotiate, and has been led by the nose every time, and I don't know if the unjust money spent has been passed on to the housing price.

Because the real estate industry still has a large demand for steel, a lot of steel is used to build houses.

In addition to buying up the internal personnel of China's steel production units and the company sending internal personnel to all steel mills around the country for investigation.

Rio Tinto has also "poached" government public relations personnel, Chinese steel experts, Chinese mining experts and other "talents" from major steel mills and government departments across the country with high salaries.

These people are very familiar with China's steel companies and are very familiar with the relevant steel companies and government officials.

This method is similar to that of compradors more than 100 years ago.

However, we don't seem to have much progress and vigilance.

In addition to these fancy tricks, mining giants often release:

Heavy rains forced the closure of iron ore mines, the suspension of iron ore trains, and the suspension of terminal operations;

Australian mines have been hit by floods, ports have been affected, mines have been forced to reduce production, and so on.

If this doesn't work, use the last killer "cut off supply"!

If you don't buy it, I'll sell the ore that was originally intended for you to another country.

The reality is so cruel, who told our country to lack these natural resources?

The ancestors didn't leave you any colonies, but there were a lot of messes.

"I said Uncle Huang, you are very old, and you are more excited than a young man like me when I hear this. ”

Huang Hongnian scolded and grinned: "How can I not be excited! Although I am not Chinese, I have always regarded myself as a Chinese in my heart."

I am afraid that any Chinese will not be able to bear this kind of thing when they hear it.

The most annoying thing is the Australian Chinese employees of Rio Tinto. ”

Zhang Yida nodded in agreement, and also scolded: "Hu Shitai, the shame of our Beijing University, the shame of the history department."

I was also a little unlucky, not only in the same university as him, but also in the same department. ”

"Now Feng Lun and Wang Shoufu, the richest man in the mainland, have also gone to meet Henry Keswick, the chairman of the Jardine Group, and I feel disgusted when I think about it.

He also wrote an article to wash the floor for the descendants of these drug dealers, saying what kind of entrepreneurial spirit! Bah, I have forgotten my ancestors!"

Huang Hongnian completely opened the chatterbox and turned on the troll mode.

Zhang Yida said with a smile: "Yes! This Qing Dynasty has been extinct for more than 100 years, and the braids in my heart have not been cut off. ”

"Hey, by the way, shouldn't Tesla's shares be in the hands of the Xie Jianlong family?" Zhang Yida remembered that the Xie family seemed to be a top chaebol.

Huang Hongnian shook his head, "There are many things you don't understand!

Born in West Java, Indonesia in 1922, Xie Jianlong is the seventh generation of Fujianese to settle in Indonesia.

After the death of his parents, he took a bicycle inner tube at the age of 17 and went to the capital Jakarta alone, repairing bicycles and buying scrap newspapers to earn a living.

He earned the first 100,000 dong in his life by developing a small stove for tire repair and rubber, and then opened a small grocery store.

As a result, in 1942, the grocery store was ransacked by the Japanese army, and others were imprisoned for half a year.

After surviving the war, he built a small tannery to process leather bags, shoes and other products, but it closed down due to the lack of livelihood and demand.

In the year of its establishment, the situation was stable, and he did import trade with his friends, but he was plotted by his partners and lost the ownership of the company.

War, bankruptcy, betrayal...... The last bad luck that a businessman wants to face has been met by him.

But he persevered and continued to work hard in the mall, but he never encountered any good opportunities.

It was not until after 1967 that Indonesia began to build a comprehensive economy, and he seized a golden opportunity.

He won a five-year contract from the government to supply more than 1.3 million vehicles, including trucks, vans, cars and tricycles.

The deal, which generated more than $200 million in profits for his Astra Group, became the cornerstone of Hsieh's business empire.

At the end of the 70s of the last century, Astra officially became the largest car dealer in Indonesia, occupying 60% of the market share.

By 1991, Astra had grown into a vast business empire with more than 90 branches, 30,000 employees, and total assets of $3.6 billion.

In addition, the Hsieh family owns hundreds of other companies. That year, Xie Jianlong became the fifth richest person in Southeast Asia with a personal fortune of $1.5 billion. ”

Zhang Yida listened with relish and commented: "These founders of the older generation of Southeast Asian chaebol families are indeed remarkable and have outstanding features!"

"Yes, he's a merry man!"

Huang Hongnian agreed, and then continued: "But Tesla is bad on his son Xie Hanshi!"

After Xie Hanshi took over his father's class, he once showed extraordinary talent for capital operation and fund-raising ability.

Within two years, Suma Bank became one of the top 10 private banks in Indonesia and became a major source of financing for their family business.

With Suma Bank as the capital pool, it continues to use high leverage fission to fission a series of companies including insurance, securities, leasing and investment.

By 1990, there were more than 70 subsidiaries of the Suma Group, which had only been established for two years, and it had the potential to catch up with Astra.

For a time, he Xie Hanshi's limelight even overshadowed his father Xie Jianlong, which made Indonesia's political and business circles look sideways.

But he, like me, is not good at the specific operation of the enterprise.

Because money comes so easily, he is not so careful when it comes to spending money.

Often land that can be bought for 2 million dong, he just sold it at double the price, and he lacked patience for project evaluation, and bought a bunch of unprofitable assets.

Even if it is a good project, it does not take a long-term view, and talent and management cannot keep up.

In the 90s, Indonesia began an economic storm, and after two years of irrational exuberance in private banks, a bubble emerged.

The accumulation of risks has made the government alarmed, and it has stepped on the brakes and imposed a policy of financial austerity.

This series of changes caught Xie Hanshi off guard, and the chain reaction led to the delay in the repayment of the loans issued by Suma Bank, while the huge foreign debts he owed were due in batches, and finally became insolvent and in danger.

At that time, Suma Group had more than $1 billion in non-performing assets and losses and more than $800 million in liabilities.

Faced with the situation out of control, Xie Jianlong finally stepped forward, spending about $360 million from Astra to save the emergency, and announced the sale of some of Suma's assets in exchange for funds.

But under the liquidity crisis, everyone is short of money, and no one is willing to take over.

In order to keep Suma Bank, Xie had to sell nearly 70 percent of his family's stake in Astra, retaining only 8.2 percent.

But even so, Xie Jianlong was still unable to turn the tide.

The process of selling the equity lasted for more than a month, and when Xie Jianlong finally obtained liquidity, what he was waiting for was the overdue debt of Suma Bank.

Eventually, Suma Bank's business license was revoked and it had to be declared bankrupt. Xie Jianlong's years of struggle have also been in vain.

Since then, although the Xie family has gradually risen by relying on industries other than Astra, it has become more difficult, or even impossible, to regain its former glory after the vitality has been greatly damaged.

In 2010, the 88-year-old man Xie Jianlong finished his life with regrets. ”

After listening to it, Zhang Yida was very emotional, Lao Tzu was pitted by his son, and in order to save his son's industry, he also put his own family into it.

"People, you have to learn to recognize yourself!"

Huang Hongnian sighed: "I engaged in industrial integration in the mainland back then, and after leaving a lot of chicken feathers, I knew that I was not the material for industry.

So Sinar Mas Group gave me my eldest brother, and I should honestly engage in some speculative business!

If you lose, you will only lose yourself, so that you will not affect the family!"

This ideological consciousness is high!

Zhang Yida gave a thumbs up and said, "Huang Lao, you are this!"

"Telling so many stories to you is also due to your young age, and now you have begun to get involved in the financial industry on a large scale, so I would like to remind you: keep your mind clear at all times! Don't be blindly arrogant!"

Zhang Yida nodded heavily, these are all lessons of blood and tears! I really have to study hard.

In this way, Zhang Yida and Huang Hongnian came to the airport laughing and scolding all the way, and took the nearest flight to Hong Kong.