Xu Sheng, then I'll be blunt, I want to connect with Crawford and Summerlivan Real Estate!" Bao Yugang said calmly.

"Harriman Properties can, but Lane Crawford doesn't agree. Xu Zhi replied.

Bao Yugang smiled and asked, "Xu Sheng, your Watsons has almost monopolized half of the retail industry in Xiangjiang, do you still care about a Lane Crawford?"

"Since Bao Sheng knows that this is a monopoly, the larger the scale, the better. Xu Zhi shook his head and said.

Harriman Real Estate, a real estate company specializing in residential development under Wheelock, has several residential projects under construction and several undeveloped plots, if in the eyes of ordinary real estate developers, it is still very valuable, but now Xu Zhi has 5 square kilometers of land in Tin Shui Wai, nearly 300,000 square meters of land in Hung Hom and more than 20 buildings in Central and Kowloon.

But Lane Crawford is different, Lane Crawford is a famous department store in Hong Kong, the main sales products are cosmetics, jewelry, household goods, high-end clothing, etc., its more than a dozen branches are located in Central and other prime locations, can be said to be a luxury store in the department store, therefore, with Watson's small retail stores, medium and large supermarket chains are not in competition, but can make up for Watsons's shortcomings in the high-end field.

The land and property of the real estate company can be bought directly with money, even if it is the Central Building, you can also start at the right time, but a high-end brand supermarket is not so easy to build, which requires a lot of time to accumulate, therefore, even if the value of Harriman real estate is higher than that of Lane Crawford, Xu Zhi will only choose Lane Crawford.

Xu Zhi then asked: "Bao Sheng, why do you want to connect with Crawford? Although Lover has some fame in Xiangjiang, his annual business is only more than 100 million Hong Kong dollars, this figure should not be in your eyes, right?"

Bao Yugang shook his head and smiled: "Xu Sheng, you also know that I am not young, my current investment is mainly based on stability, rather than the space for profit returns, although the scale of this Lane Crawford is not large, but it monopolizes the high-end department store market in Xiangjiang, and even the large-scale price war of your Watsons some time ago will not affect Lane Crawford, so this kind of enterprise is what I need the most." ”

Xu Zhi was silent for half a minute, and said: "Bao Sheng, I understand your thoughts, but Watsons has a plan to enter the high-end field a long time ago, and if Lane Crawford comes into my hands, I will invest a lot of resources to promote it all over the world, so I must get it." ”

"Hahaha, in that case, I won't take what a gentleman wants. Bao Yugang said with a smile.

Xu Zhi nodded and said: "If Bao Sheng really wants to find a stable investment, the real estate in Xiangjiang is actually the most suitable, at present, the future of Xiangjiang has been decided, and the real estate industry will soon grow explosively. ”

"I can also see that Wharf actually has a lot of properties and land, but I want to try other industries. Bao Yugang said.

"Other industries?" Xu Zhi thought for a while and said: "If Bao Sheng is interested in the electronics industry, you can try it, in recent years, some businesses under the Midea Group are in the stage of rapid expansion, and there is more and more demand for suppliers, Bao Sheng can invest in a professional electronics factory, as long as there is no problem with the quality, there is absolutely no need to worry about the order." ”

"Electronics industry?" Bao Yugang was stunned and said: "I am indeed very unfamiliar with this industry, but Xu Sheng's beauty has been calling the wind and rain in the international market over the years, and I am very envious, so I will understand it first and then make a decision." ”

"No problem, but the faster the better, the electronics industry is different from the traditional industry, the technology is updated very quickly, one step late may be a lifetime late. Xu Zhi reminded with a smile.

"Okay, but for now, let's talk about the situation of Wheelock, apart from Lane Crawford, I don't know which business Xu Sheng values?" asked Bao Yugang.

Xu Zhi took a sip of tea and said, "I want Wheelock Shipping!"

"Wheelock Shipping?" Xu Zhi's answer was obviously beyond Bao Yugang's expectations, he originally thought that the other party would choose a real estate trust or a joint venture that was mainly engaged in financial business.

The former is also a high-quality financial credit company in Xiangjiang, and there are many financial companies of this type in Xiangjiang, which are relatively close to banks in terms of business, but the interest absorbed is higher than that of banks, and the interest on loans is naturally higher. It can be regarded as a private loan shark, but it is also a formal business, and it has little to do with "black", sustainable development is the top priority of large companies, many large companies in Xiangjiang, relying on their own influence, will enter the field of private finance, and even some banks are involved.

The latter are some of the many companies that Wheelock has acquired over the years, some of which have high-quality assets and are well-developed, and these companies have been gradually merged according to the relationship between the industry to form the current consortium.

Bao Yugang thought for a moment and asked, "Xu Sheng, are you preparing to enter the shipping market?"

"Yes. Xu Zhi generously admitted.

Bao Yugang said with a smile: "Xu Sheng, the current shipping market has been sluggish for several years, and most shipping companies are currently lining up to send ships for disassembly, why are you still preparing to enter the shipping market?"

"It's because there are too many people who are dismantling ships now, I have to enter this industry even more, others are crazy and I'm crazy, Bao Sheng should also understand the meaning of this sentence, right?" Xu Zhi replied.

Bao Yugang nodded: "Xu Sheng did choose a good time, the current global economy is in an upward stage, and a large number of old ships have been dismantled, and soon the balance between cargo and ships will be restored, and even back to the stage of 10 years ago."

However, there are two important points, the first of which is naturally when the ship market will pick up, and before that, ship maintenance is also a huge investment. The second point is when the freight rate can recover to the extent of promoting the normal development of the industry, this time period is generally much later, and before that, there may be orders, but they are generally based on losses. ”

"Since Bao Sheng has seen it so thoroughly, why is he still reducing ships now?" Xu Zhi asked, although the Bao family has already begun to implement the strategic investment transfer of abandoning the boat to land, but Bao Yugang is the world's first ship king after all, and its total tonnage is as high as 20 million tons at its peak, so many ships cannot be sold in a short period of time, at present, the Bao family still has at least close to 10 million tons of ship tonnage.

"The shipping industry may recover in two years, but I have decided to focus on Hong Kong and develop Wharf well. Bao Yugang explained with a smile that the shipping industry did make money at its peak, but it may not be able to meet once in ten years, from the overall income point of view, it is far less than Xiangjiang real estate, not to mention that the operation of real estate is much simpler, especially Wharf, a large number of shopping malls, just need to collect rent with peace of mind, as long as there is no mortgage, it is difficult to have the risk of loss.

Xu Zhi nodded and said, "So, Bao Sheng doesn't plan to go to Huidefeng Shipping?"

"Not really. Bao Yugang explained: "Originally, I thought that Xu Sheng would not look down on the shipping industry, so I thought that I would take it back first, first use the mature maintenance system of Universal International to reduce operating costs, and then slowly and slowly sell all these ships in the future." ”

"I see. Xu Zhi also understood.

Bao Yugang continued: "Xu Sheng, why did you suddenly decide to invest in the shipping industry?"

"Quite simply, Hutchison will continue to work in the terminal field in the future, and if it has its own shipping company, this is the effect of mutual benefit. Xu Zhi casually explained that the biggest cost in ship operation is fuel consumption, maintenance and berthing costs, and in the future, if Hutchison builds or acquires international terminals, it can deduct the maintenance and berthing costs of most ships.

Of course, there is one of the most important points, that is, the order of each ship of the shipping company, can promote the employment of tens of thousands of people in a place, the influence is extraordinary, Bao Yugang in the 70s has so many political friends in the world, with one after another 100,000 tons of ship orders, even Britain and France, such a P5 country, every time Bao Yugang goes, he will send ministerial-level figures to accompany him, and sometimes he can also receive the president and the prime minister.

And if he is just a real estate businessman, such as Li Jiacheng now, no matter how good the real estate industry in Xiangjiang is, no customs official will take him seriously.

Therefore, investing in some industries that can increase their own influence is the key direction that Xu Zhi is currently considering, these industries do not need to have very high profits, they only need to be able to self-hematopoiesis and provide influence, and in terms of money, it is naturally handed over to finance and high-tech.

"That's not bad, but unfortunately we can't copy it, only Xu Sheng has the financial resources. Bao Yugang shook his head with a smile.

Xu Zhi said: "It's a joke, the rest of the joint enterprises and real estate trusts, Bao Sheng can all pack them back." ”

"Joint venture, this is a hot potato that is not very good!" Bao Yugang said with a wry smile and shook his head.

Xu Zhidao: "Bao Sheng, there are actually some valuable companies under this conglomerate, such as some textile companies, which can be moved to the mainland, and the most valuable thing about the joint venture is its several industrial office buildings and some industrial land in Yuen Long, which can be developed in Wharf." ”

Bao Yugang laughed and said: "Okay, if Xu Sheng can't look down on this potato, then I'll take it, although it's a little troublesome, but there will still be gains." ”

Xu Zhidao: "Bao Sheng, in this case, I will first arrange for Hutchison to buy your shares at a public acquisition price, and then privatize, and then we will spin off Wheelock!"

"Okay, I don't have a problem, the specific follow-up price, our team will discuss it well. Bao Yugang agreed.

……