463 [Buy, buy, buy, copy]

Huo Yaowen, does he have the ability to take down this Hutchison Foreign Bank, which not only has foreign debts, but also internal losses?

The answer is definitely no.

At present, apart from the banks, almost no one in Hong Kong can come up with more than 10 or 2 billion yuan in cash at once!

This is not an era in which later generations spent tens of billions of dollars on acquisitions at every turn.

Not to mention that after the 73 major stock market crash, Hong Kong's economy is still in a cold period, although there are signs of gradual recovery this year, but most companies are still in a difficult state, especially real estate companies, the biggest impact of the stock market crash belongs to the real estate industry.

Hong Kong has less land and more people, no matter what kind of new real estate was developed in the past, as long as the price is moderate, there are still a lot of people who buy, especially before the outbreak of the 73 stock market crash, the real estate market is the hottest, and those who make money by speculating in stocks will almost all use the money they earn to buy houses.

But now, the real estate industry has been hit hard by the economic recession, and from the steady growth of 20 percent per year in 70 years, to now in 1975, the real estate companies that can afford to build new real estate are all large real estate companies.

Moreover, the real estate they develop is a mid-to-high-end property market, which is only aimed at some groups with higher incomes.

Among the mid-to-high-end real estate, the most typical is Mei Foo Sun Estate in Lai Chi Kok, Kowloon.

Since 1968, the Mei Foo Oil Depot has been relocated to Tsing Yi and converted to Mei Foo Sun Chuen, and has been expanded every year since then, until 1973, when the fifth phase of the property was developed.

At that time, Mei Foo San Chuen was a property market that only Hong Kong's middle-class people could afford to buy, and it was one of the first formal high-rise communities to be successfully built.

But now, in 74-75 years, the sixth and seventh phases that have been set have been temporarily stranded, and the original property Huixiu Management Co., Ltd. has also been liquidated and recovered by the bank.

Therefore, in the cold period of Hong Kong's economy, it is impossible for Fok Yaowen to come up with more than 2 billion Hong Kong dollars to save Hutchison & Co., even if he has more assets abroad than in Hong Kong, it is difficult to come up with such a large sum of money.

When there was no money to save Hutchison for the time being, Huo Yaowen had the idea of finding a foreign bank for a loan.

Huo Yaowen's overseas assets, Davide has counted them before, and now the most valuable should be the Universal Film Company established in the United States, although this company is nominally a division of the Hong Kong Film Company, but it has not yet merged, strictly speaking, it is two companies.

Universal Pictures is worth a lot because of "1999", which set off a box office frenzy around the world last year, and as the world's first super sci-fi blockbuster to break $800 million, it owns the copyright and sequel copyright, which are worth at least $100 million under the calculations of David and a group of investment advisers.

The copyright alone is worth almost 100 million!

In fact, this is also normal, the big hit of the "1999" movie proves the film's ability to attract money, plus the original book has sold tens of millions of copies, readers all over the world, and it is estimated that it is 100 million US dollars, which is not an overestimate.

Anyway, if Huo Yaowen packages and sells the follow-up copyright of "1999" to Fox, they will definitely be willing to spend 100 million to buy it, after all, they themselves made one or two hundred million dollars from the first part, and use the profits to buy the sequel copyright, and the sequel movies filmed in the future will be purely earned by Fox alone, and there is no need to give Huo Yaowen at all.

Twentieth Century Fox would certainly be very happy with such a good deal.

In addition to Universal Films, the Financial Daily and Financial Weekly in the United Kingdom, as well as the recently acquired The Sun, are worth about $40 million or 50 million if they are mortgaged to banks.

The Los Angeles Morning Post and the New York Post in the United States are also worth at least $30 million.

These are one of the ways Huo Yaowen can scrape together hundreds of millions of dollars in a short period of time.

Of course, Huo Yaowen will definitely not mortgage all his properties to buy the shares of Hutchison & Co., he has enough cash on hand to buy that part of the shares, but the matter of Hutchison & Co.'s loan is a little troublesome after all.

It was impossible for him to lend it to Hutchison himself.

After all, he's not Xiao Li!

Although I hate it, I have to admit that Xiao Li is a very, very shrewd businessman, from his acquisition of Hutchison Whampoa a few years later, to the future turnaround of loss-making Hutchison Whampoa, these points are enough to prove his business talent.

Therefore, for the sake of insurance, considering the butterfly effect and various uncertain factors, Huo Yaowen could not desperately put all the family money he had accumulated over the years on Hutchison Foreign Bank!

Even if Hutchison's business does not improve in the future, he has a way out, right? Continuing to take the route of the media empire, he doesn't need much business talent in this regard, he just needs to buy and buy all the way, copy and copy.

Buying newspapers and television stations, borrowing from various later masterpieces, and then adapting best-selling works into movies and TV series is definitely the safest means.

Knowing that his business talent is not enough, and Huo Yaowen does not want to lend money to Hutchison & Co., Hong Kong is mired in the economic quagmire, and most banks have no surplus food themselves, so they can only find a way to contact some big foreign banks to help!

……

“… Hutchison & Co. is more than a few hundred million Hong Kong dollars!"

Listening to Qi Dezun's tough tone.

Huo Yaowen said: "Mr. Qi, what you are paying attention to now should not be how much your Hutchison is worth, but whether Hutchison can survive the current difficulties!"

"What do you mean by that?" Qi Dezun frowned, a little unsure of what Huo Yaowen meant.

Huo Yaowen looked at Qi Dezun's incomprehension, paused and said: "In fact, in my personal opinion, the price given by HSBC is actually not low, 150 million Hong Kong dollars to acquire 33% of the shares, it seems that Hutchison is a loss, after all, whether it is land or company, Hutchison is far more than this price."

But HSBC got 30 shares for 150 million, and correspondingly assumed the debt of 30 of your Hutchison Foreign Bank. Then you have to borrow more than 1 billion, or even more than 200 million at a low interest rate to tide over this difficulty, you must know that the big and small banks in Hong Kong are not having a good time now, and the bad debts caused by the stock market crash have not been calculated clearly, otherwise Mr. Qi, you will not be unable to find a bank to borrow, so you will choose to introduce foreign capital!"

Don't look at the purchase price of 30% of Hutchison & Co. is very low, but once it is bought, the part of the debt assumed is equivalent to HSBC giving hundreds of millions more, plus the loss of low-interest loans, HSBC will not make money!

Otherwise, it would not have been a few years later, when Shen Bi, the head of HSBC, sold the shares of Hutchison Whampoa to Xiao Li, most of the board members of the HSBC board agreed!

You must know that at that time, Xiao Li didn't spend much money to win the Hutchison Whampoa that gradually eased up.

As soon as he heard this, Qi Dezun's face was solemn, he didn't understand the routine here, in fact, HSBC gave 150 million to acquire 30 shares, he didn't have much meaning, more HSBC actually wanted to take him down at one time!

Not only did he revoke the position of chairman of the board of directors, but he was also denied a seat on the board of directors.

This made Qi Dezun, who has been in charge of Hutchison & Co. for more than 20 years, very dissatisfied in his heart, and if he did not keep the chairman's position, it was just that HSBC wanted to be the chairman of the company so that he could control the company, but he was not given a seat on the board of directors, so didn't that show that his ability was insufficient?

It was precisely because of this that Qi Dezun, who was hit, turned his head to find another target, Huo Yaowen.

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