428 Berth 7 Pier
"How are you two thinking about it?" asked Xu Zhi.
"Let's not talk about the stock matter, now the Bank of East Asia has issued a lawyer's letter to forcibly auction the assets of Jianing and Hongkong Land, if it really does, it will be a very big blow to Hongkong Land, and there will be problems in the entire capital chain. Niu Bijian said: "Xu Sheng, since you want to acquire Hongkong Land, and you are currently a shareholder of Hongkong Land, you shouldn't want Hongkong Land to fall into this situation, right?"
"Then it depends on Mr. Newbijian's choice. Xu Zhi shrugged and said.
Niu Bijian took a deep breath and said: "I will release part of the equity of Jardine Matheson and Hongkong Land in an appropriate amount, but it is unlikely that all of them will be released from Yizhi Mutual Control." ”
"That's enough. Xu Zhi nodded and said, "I think, in another year, the two of you will know that the right decision has been made today." ”
......
After Xu Zhi left, Bao Fuda asked, "Niu Bijian, do we really want to cooperate with Xu Zhi?"
"For the time being, we can only cooperate, otherwise, if the Bank of East Asia really forcibly sues, the consequences will be unimaginable, and the loss-making land for these projects may be bearable, but if other creditor banks follow suit, the whole Jardine Matheson will be finished," Niu said.
Taking a step back, even if Jardine Land can survive this catastrophe, but things have reached a point where you and I will have to leave Jardine without the help of the Keswick family. ”
Bao Fuda nodded and said, "Then we can only cooperate first." ”
"It's not cooperation, it's just mutual use. "Simon Keswick has been stumbling so hard lately that he has been trying to get you and me out of Jardine Matheson, and many of the management and shareholders have done the same.
Although I don't like Xu Zhi, what he said is very reasonable, even if BEA does not continue to pursue responsibility, as long as Simon Keswick really holds a shareholders' meeting, according to the current loss situation of Jardine Land, you and I are really to blame, and we can't leave if we don't want to. ”
"So you want to bring in Xu Zhi's capital to compete with the Keswick family?"
"Yes, once there is a foreign enemy, Keswick is more worried not about the so-called management power, but about the core assets of their family will be swallowed up. Niu Bijian smiled and said: "But the trick of driving the tiger and chasing the wolf is very dangerous, if you don't pay attention, the wolf runs away, but we introduce the tiger, will it be a bigger trouble?"
Bao Fuda asked: "You don't believe what Xu Zhi promised just now?"
"The power of handouts is meaningless. Niu Bijian shook his head and said: "If Xu Zhi really buys Jardine Land, even if he really keeps his promise and let us continue to manage, but this power is actually a castle in the air, which may be shattered at any time, you and I are British, and we will never enter his core team." ”
Bao Fuda nodded and said, "Then now I can only take one step at a time!"
"Let's go back, how to untie Yizhi mutual control and how many shares to release, we still have to study and study this again, and we must form a balance between the two of them. ”
......
After returning to the Hutchison Building, Ma Shimin came over.
"Xu Sheng, there are too many funds in the company's account at present, what should I do with this money?" Ma Shimin asked helplessly.
At present, most companies in Xiangjiang are trapped by the rupture of the capital chain caused by the collapse of real estate prices and the huge pressure of loan repayment, only Hutchison, itself at the peak of the real estate crisis cashed out a large number of properties and land, holding billions of Hong Kong dollars, and sold Watsons to major shareholders, and gained more than a billion.
5 billion Hong Kong dollars in cash, which is already the largest amount of cash in hand outside of Xiangjiang's non-financial machinery company, however, an investment from overseas, and in the Hong Kong dollar exchange rate turmoil, when more than 10 billion Hong Kong dollars into Hutchison's account, even Ma Shimin found that this amount of money is too much.
So, he could only come over and ask Xu Zhi, after all, the company's big development plan requires the consent of Xu Zhi, the chairman.
Xu Zhixiao asked, "What do you think, say it and listen to it?"
Ma Shimin said: "At present, the future of Xiangjiang is uncertain, and people are panicking, and many wealthy people have begun to immigrate in large numbers and sell their properties at low prices, and since we have a large amount of cash in our hands, we can buy these properties or assets on a large scale."
Chairman, you are very confident in the future of Hong Kong, if the Sino-British negotiations are concluded, then we will definitely gain a lot of benefits in the future.
I plan to set up several professional property management companies to acquire nearby residences in different regions, and then hold them for a long time, and at the same time try to borrow money when acquiring, and then rent them out later, so as to repay the loan with rent.
If the price is right in the future, we can also sell it for cash, so that we can buy the most assets with the least amount of money. ”
Xu Zhi nodded and said: "This method is good, but no matter how many people leave Xiangjiang, it won't consume too much money, what are you going to do with the rest of the money?"
"Marina. Ma Shimin said: "The Hong Kong government had planned to build the seventh berth in Kwai Chung two years ago, but it was delayed because of the Sino-British negotiations, and now the UK has begun to formally negotiate in the mainland, although there are still twists and turns, but it is only a matter of time before it is resolved."
And I have observed that the economy of the mainland has begun to rise sharply, and more and more goods will inevitably pass through Hong Kong in the future, and even if Pier No. 7 is not built now, it will be imperative in two years, and now that the Hong Kong government is in financial difficulties, we can also take advantage of this time to win this project at a preferential price. ”
"Okay, then you can try it. Xu Zhi nodded in agreement.
In the original history, the Kwai Chung No. 7 berth wharf was the largest project in 1985, the second year after the successful negotiations between China and the UK, and the largest project in Heung Kong's public auction far exceeded the previous six in terms of area and throughput.
In the end, Li Ka-shing's Hutchison won the entire project for 4 billion Hong Kong dollars, plus the subsequent port construction costs, with a total investment of more than 10 billion Hong Kong dollars, but the rate of return was also very high, and by the 90s, the annual net profit was as high as 2 billion Hong Kong dollars.
If he and Huang go to talk about this project now, the possibility of success is very high, one is that the Hong Kong government is currently short of money and urgently needs new financial revenue, and the second is that a large number of construction workers in the whole of Xiangjiang are unemployed, and if the construction of a large terminal starts, this is enough to need tens of thousands of workers.
In this way, it will be of great benefit to Hutchison, to the Hong Kong government, to countless ordinary workers, and even to the retail and service industries in Hong Kong.
Counting and benefiting together is the best way to do business.
Xu Zhi continued: "The dock will indeed consume a lot of funds, but we will not be stupid to pay all our own money, we still have to borrow money, I have another project here, and the amount of funds required is higher than that of the dock." ”