1432 [Public Property Becomes Private Property]

HSBC, Penthouse Office. Pen "Fun" Pavilion www.biquge.info

"Mr. Xia~" Shen Bi saw Xia and stretched out his hand with a smile, "You rarely show up recently." ”

"There's no way, I've been in the limelight too hard lately, and I'm surrounded by people everywhere I go, so I have to hide first to avoid the limelight. Summer laughed.

"Lakza!" Shen Bi nodded with a smile, "By the way, I haven't congratulated you yet." Thirty-eight listed companies, you really dare to start. ”

"Hey, I'm a rotten boy on the street, I fight every day, I'm not afraid of death, how can I refuse this opportunity to make a fortune. Summer laughed.

He knew that Shen Bi's favorite was a smart person who didn't follow the usual path. The reason why he chose Li Jiacheng as the chairman of Hutchison was because Li Jiacheng was active, bold and careful.

Li Jiacheng was just a small real estate developer at the beginning, not to mention that compared with the British-funded foreign banks with assets of more than 10 billion, even among Chinese real estate developers, it was not the most prominent.

And the reason why he was able to win Shen Bi's favor was because of a business war. The two protagonists of the business war are Li Ka-shing's Cheung Kong and British-owned foreign land.

Hongkong Land is a veteran British real estate company, founded in 1889, and was the largest registered company in Hong Kong at that time. Today, it is still known as one of the world's top three real estate companies.

In '77, the Hong Kong MTR Corporation, founded by the Hong Kong government, announced that it would publicly accept the tender for the construction rights of the property above Chater Station. Hongkong Land took the lead and announced its participation in the auction.

At the same time, local property companies from Japan, the United Kingdom, Australia and Hong Kong are also showing signs of competition and are participating in the competition. There are more than 30 construction companies in total, and there are many internationally renowned construction companies, which have very dazzling performance in Hong Kong and overseas.

At that time, Li Jiacheng's Cheung Kong Industrial, with a market value of only 500 million Hong Kong dollars, was a small and small shrimp among the more than 30 real estate developers, and there was almost no possibility of winning the bid.

You must know that at that time, Hongkong Land's assets in Hong Kong alone were as high as 8 billion Hong Kong dollars, and it also had a large number of assets overseas. Compared with it, Cheung Kong is like the difference between a dwarf and a giant.

However, Li Jiacheng did not give up, because he knew that this was a rare opportunity. If Cheung Kong can win the bid, it will become the most well-known real estate developer in Hong Kong, which will be of great benefit to the company's future development. Therefore, he racked his brains to find a way to win the bid, and the emperor lived up to his painstaking efforts and finally let him find an opportunity.

Through the information collected, Li Ka-shing found that the Hong Kong MTR Corporation had reached an agreement with the Hong Kong government that the MTR company would have to spend HK$600 million to buy the land for the subway station. This amount of money is definitely a huge amount of money for the subway company, so it urgently needs the funds to be able to return it quickly.

However, the general real estate companies in Hong Kong generally only rent but not sell commercial buildings and office buildings built by them. Because everyone knows that a property like this is a chicken that lays golden eggs, and of course it has to be trickled down for a long time. For the sake of temporary interests, it is not advisable to kill chickens and take eggs.

However, in this way, the thinking of the real estate company and the MTR company has deviated. Therefore, Li Ka-shing took advantage of this loophole, on the one hand, he proposed to build commercial buildings and office buildings, and sell them after they were completed; on the other hand, he took the initiative to provide construction costs to meet the requirements of the MTR in urgent need of cash; and on the third hand, he broke the previous rule of 55 percent and let the MTR company get an extra 1 percent of the share.

Sure enough, after the tender was submitted, it successfully attracted the attention of the MTR Corporation, and finally selected Li Ka-shing as the winning bidder. Lee Ka-shing also became famous because of this incident and became the most well-known Chinese real estate developer in Hong Kong.

And his ingenuity also unexpectedly attracted Shen Bi's attention. Later, through the Wharf acquisition war and other events, he passed Shen Bi's assessment and was selected by him to become the chairman of Hutchison Whampoa.

……

Summer knows this, so she is a lot less restrained and a little more free and easy when answering.

Sure enough, after Shen Bi listened, he laughed, "That's right." You Chinese people have a saying: 'Hold on to the gall, starve to death the faint-hearted.' 'It makes a lot of sense!'

"But do you know that because of your business, the Hong Kong government has been scolded by anonymous letters. Because if they hadn't announced a waiver of the 35 percent mandatory general takeover trigger, you wouldn't have bought those 38 listed companies so easily. Shen Bi changed his words and said again.

"That's just some incompetent people making excuses for their failures. When Xia heard this, he pouted and said, "Even if the Hong Kong government doesn't announce that bailout policy, I have a way to bypass the 35 percent point." ”

"Yes, the winner is the king and the loser is Kou, don't pay attention to the losers. Shen Bi smiled and nodded, "Then the purpose of your visit to me today ......"

"Ah, that's right, I hope Mr. Shen Bi can do me a favor. Summer laughed.

"What's busy?" Shen Bi asked curiously.

Summer immediately told Shen Bi about his plan.

After hearing this, Shen Bi glanced at Xia, "Mr. Xia, your idea is insidious enough. I like it though. ”

"Would you like to do me a favor?" asked Summer.

"The assets pledged by your 38 listed companies in our HSBC are worth at least 350 billion Hong Kong dollars. Every month, we repay at least HK$400 million in loans to HSBC. Shen Bi thought for a moment and said, "If you buy it back like this, it will be a big loss to our HSBC." ”

Summer nodded. Know that banks don't want customers to repay their mortgages early, let alone sell their collateral at a fair price. Because in that case, not only did the loan disappear, but even the collateral assets were not sold at a high price, and the loss was indeed not small.

"Don't worry, Mr. Shen Bi, after I buy it back, I will still mortgage it to your HSBC bank, but it is just a change of hands to ensure that you will not have any losses. He then smiled and said, "And you also know that my business is very big now, and there are still many opportunities for cooperation between us." ”

"Alright then, in that case, I'll do you a favor. Shen Bi smiled and nodded.

What he was actually worried about was that after he bought those assets back in the summer, he would not mortgage them to HSBC, but to his own Bank of East Asia. In that case, HSBC suffers. But since the summer promised him that he would repledge the assets to HSBC, then there was no problem.

And the summer thought that it didn't matter if those assets were pledged to HSBC, the most that was lost was a little interest, but in exchange for assets worth tens of billions of Hong Kong dollars.

Most of these assets are commercial buildings, land, factories, etc., and the monthly rent alone adds up to much more than a loan. Not to mention that as the real estate market heats up, the assets have increased in value. So it's worth it.