Chapter 725 The First Giant of Shipping

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Because there are too many companies and industries involved, after arriving in Xiangjiang, Wang Zheng has been discussing with Wang Lei and Tao Jun about the development planning, fund allocation, and personnel allocation of their respective enterprises one after another for more than a week.

From macro planning to detailed processing, Wang Zheng has participated in the management and business of various enterprises in such a subtle way for the first time in four years. And the reason for this is also because the business adjustment of each group this time is too significant, and he must be aware of it.

In December, Times Holdings Group and AT&T, the U.S. telecommunications giant and the second largest telecommunications operator in the United States, officially announced the acquisition of the multinational media giant Time Warner.

According to the agreement reached by the three parties, Times Holdings invested US$48.9 billion and assumed 14.7 billion debts of Time Warner, wholly acquired Time Warner's HBO pay channel at a total investment of US$63.6 billion, and obtained the copyright of a large number of classic American dramas such as "Band of Brothers", "Sopranos", "Game of Thrones", "True Detective", etc., as well as the well-known Warner Bros. Entertainment Company, including Warner Bros. Pictures, Warner Bros. Studios, Warner Bros. Television Company, Warner Bros. Animation Productions, Warner Home Video, Warner Bros. Games, DC Comics, C TV and other major subsidiaries and their film libraries, comic rights and so on.

AT&T acquired Time Warner's other major business, Turner Television Network, with $36.5 billion in cash and $9.3 billion in debt from Time Warner, with a total investment of $45.8 billion. These include CNN, which covers the whole world, and hundreds of TV channels, including TBS.

Not surprisingly, the news from ChinaAMC's Times Holdings and AT&T's joint devouring of Time Warner became the most exciting content in the last month of 2017.

ATT's acquisition of Time Warner is not surprising, because the matter has been fermenting for nearly a year, but it has not been successful because of the obstruction of the US Department of Justice. But as a latecomer, Times Holdings is indeed 'Cheng Biting Gold Halfway', and most people didn't expect it.

But no matter what, the whole world understands that after Sony's acquisition of Colombia, there is another Chinese man in the Hollywood Big Six.

Because the entertainment industry is closely related to ordinary people, the news of Times Holdings and ATT's acquisition of Time Warner has really caused a huge global sensation. But in contrast, another business merger and acquisition, far from people's lives, has not attracted much attention from ordinary people, except for the discussion in business and political circles.

At the beginning of 2018, the world's largest bulk carrier, the second largest container giant 'Hyundai Cargo Group', the world's third largest container giant 'Mediterranean Shipping', and the world's second largest LNG carrier, the third largest bulk carrier, the sixth largest oil tanker, and the 11th largest container giant 'Mitsui Merchant Lines', announced the merger!

With the merger of the three, Hyundai Shipping Group officially became the world's largest shipping group. In terms of liners, they have 1,478 container ships with more than 80 million containers, nearly double that of Maersk Line, which is in second place. In terms of LNG natural gas carriers, they have a capacity of 6.158 million cubic meters, second only to the Qatar natural gas transportation company with a capacity of 6.929 million cubic meters, if you count 1.162 million cubic meters, the natural gas carrier that is still under construction is almost a sure thing.

In terms of dry bulk carriers, Hyundai Shipping Group acquired Kawasaki Kisen, which once ranked second, and Mitsui, which is now ranked third, broke through 30 million deadweight tons in terms of capacity, reaching a scale of 32.158 million deadweight tons, not counting new ships under construction, almost more than twice that of NYK, which once ranked first and had a capacity of 11.557 million deadweight tons.

In terms of oil tankers, coupled with Hyundai Shipping Group's original 4.775 million tons of capacity, as well as the 10.531 million tons of COL Mitsui's own capacity, it suddenly surpassed the Iranian National Oil Tanker Company with a capacity of 13.521 million tons and became the world's first. However, this first estimate will not last long. One is that Wang Zheng has little interest in the oil industry and is not ready to order new ships. The other is because there are stronger pursuers behind them. Huaxia Energy Transportation Company, which ranks fourth, has a capacity of more than 5 million deadweight tons of new ships under construction alone. Counting the existing capacity, it will not take two or three years to exceed the total capacity of 16 million tons. However, in two or three years, the hat of the world's largest oil fleet can still be worn on the head of Hyundai Shipping Group.

Compared with the huge scale of containers, dry bulk cargo, oil tankers and LNG, Hyundai Freight Group is much weaker in LPG ships, chemical tankers, ro-ro passenger ships, cruise ships and ferries. However, Wang Zheng has little interest in ferries, cruise ships, and ro-ro passenger ships, and the only thing that needs to be strengthened is the scale of LPG and chemical tankers, and continue to consolidate the strength of Hyundai Shipping Group in container ships, dry bulk carriers, and LNG fleets.

After the integration, the new Hyundai Shipping Group suddenly occupied the first place in the world's shipping industry with a huge capacity of more than 227 million deadweight tons, and occupied 23.7% of the world's shipping industry, opening up the distance with the second place Maersk.

Because of the merger, all three companies announced the suspension of trading in their respective stock markets. When it went public, Wharf Holdings announced the ownership of the world's largest shipping giant with a 43.57% stake.

The continuous astonishing largesse in the global business community has naturally attracted more people's attention to Wang Zheng, the big boss behind Times Group and Wharf Group. Wang Zheng, who is not used to being noticed and likes to hide in the shadows to manipulate the overall situation, immediately launched another big move.

On February 4, 2018, at the beginning of the lunar calendar, the 11 member states of the Association of Southeast Asian Nations (ASEAN) signed an agreement to sell the DONG Dollar as a unified currency. And announced that after a transition of one to two years, it will officially become the only legal tender in various countries.

Money is undoubtedly the foundation of a country and a political group. TECO's sale involved political, military, economic, and cultural aspects, and it attracted far more attention than the spin-off of Time Warner by Time Group and ATT, and the establishment of Hyundai Shipping Group.

With a unified currency, a unified internal market, a huge population, and abundant resources and a superior geographical location, ASEAN has suddenly surpassed South India in terms of attractiveness to international capital. In terms of national status and strength, ASEAN has also rapidly improved and received more and more attention.

However, it is surprising that while ASEAN is attracting attention, all the international giants that want to enter the banking, oil, railways and other industries related to the national economy and people's livelihood have not obtained business licenses, except for a few companies. And this is, of course, Wang Zheng's instructions.

He wants to use China as a model to develop ASEAN, but of course he cannot allow all these important sectors to become private enterprises. In this turbulent state, Vulcan Industry obtained a private arms production and operation license issued by Indonesia. Because there are no products, it doesn't attract too many people's attention.

On February 16, 2018, on the occasion of the Chinese Lunar New Year, Times Group announced the acquisition of Kraft Heinz, the world's fifth-largest food and beverage company. Second only to Nestle, Pepsi, AB InBev and Coca-Cola. The amount of the acquisition will be announced to the public. But speculation is rife that it will not fall below $50 billion. Because according to the usual acquisition habits of Boss Wang, the minimum requirement is to hold a controlling stake. And Kraft Heinz's market capitalization is now hovering around $95 billion, even considering that she has had a bad time lately. Coupled with the debt factor, if you want to get a controlling stake, you must also come up with $50 billion in acquisition funds.

In fact, the real acquisition is more than that, but not in cash. It is the conversion of Mengniu and China Resources Food into funds.

With cash and two assets, Wang Zheng got 62.37% of the shares of Kraft Heinz Company. Subsequently, a privatization process was initiated. With the cooperation of Warren Buffett and 3G Capital, the privatization of Kraft Heinz went smoothly, and in a month, the world's fifth-largest food and beverage giant, whose assets swelled to $140 billion, became a member of the Times Group.

Compared to Kraft Heinz's merger, East West Bank's acquisition of DBS, ASEAN's No. 1 commercial bank, is less remarkable. This is because the international attention to ASEAN is all about the issuance of the 'East Dollar' and the official establishment of South Korea and ASEAN as 'unofficial members'.

This 'non-member state' has two main features: First, mutual recognition of citizenship. This means that citizens of various countries enjoy all the rights enjoyed by their citizens within ASEAN, Dongying, and South Korea, except for political power, similar to the green card in the United States. Second, zero tariffs. In the future, South Korean and Dongying goods entering ASEAN will have zero tariffs just like Chinese goods.

"The world situation is changing, and in the blink of an eye, ASEAN has become another major international political entity from a plate of scattered sand, and looking at the current development trend, it may really be able to surpass the EU in a few years!" said Ma Yun, putting down the teacup in his hand.

"The speed of economic development can definitely surpass that of the European Union, but the scale of the economy is difficult!" Ren Zhengfei shook his head.

"The centuries-old history of old Europe is certainly not so easy to surpass. However, the unified ASEAN market is a great opportunity for all of you!" said Lei Jun.

"ASEAN now is like China in the 80s, which just opened up and opened up, and gold is everywhere. However, none of us are as shrewd as Wang Zheng, and we have laid out in ASEAN early. Nowadays, no one can compete with him in real estate, public utilities, transportation, catering, etc.!"

Li Yanhong's words made the attention of everyone present focus on the young man who was leaning on the edge of the hot spring pool, closing his eyes and recuperating, and his expression relaxed.

After a year, now they look at Wang Zheng again, and they feel very emotional. With a series of astonishing acquisitions, under the huge capital operation, the young people in front of them have far surpassed them in net worth.

Hearing that he had become the center of everyone's conversation, Wang Zheng opened his eyes and smiled at a pair of complicated eyes.

"Ladies and gentlemen, how much has I developed in ASEAN's 700 million people? ”

"For the ASEAN market, of course we want to get in. But we don't have the political connections you have. Ren Zhengfei said with a meaningful smile.

Wang Zheng glanced at him, and then quickly swept the horse transport crowd, "I do have some personal relations in ASEAN countries, if you encounter difficulties, as a friend, I will naturally not stand idly by." ”

Although the admission of Ren Zhengfei and them into ASEAN will produce a certain degree of competition with his own enterprises in the business community, it will undoubtedly be beneficial to the economic development of the entire ASEAN. If ASEAN develops, its ability to generate resources can undoubtedly be rapidly improved on the basis of what it already has. It has played a powerful role in promoting the development of dimensional spaces such as Nuwa and Fuxi.

The development of ASEAN, cultural integration and the development of dimensional space are the core of the 'Golden Triangle Plan'. Wang Zheng's eight major groups also serve this purpose.

"Thank you very much!"

After a few simple greetings, Wang Zheng groaned slightly, "Several, Wharf Real Estate plans to issue 500 million new shares, I don't know if you are interested?"

"500 million new shares!"

The faces of the people were different.

As one of the few listed companies under Wang Zheng, Wharf Real Estate now has a total market capitalization of HK$1.13 trillion, equivalent to US$144.72 billion. It has a total area of more than 48.12 million square meters of commercial real estate, with an area of 24.7 million square meters under construction, nearly 10 million residential properties, and a sales area of 7 million square meters per year. There are as many as 147 commercial and residential projects in the development, and the properties are located in 17 countries and regions such as China, ASEAN, Australia, Dongying, South Korea and South India.

Despite the sale of most of Defond Land's real estate projects, Wharf Properties has fallen out of the top 10 in residential properties. But in terms of commercial real estate, it surpassed Wanda and Simon to sit on the world's No. 1 leading throne. This is also an important reason why Wharf Real Estate can surpass Sinopec, PetroChina and other state-owned enterprises in the Xiangjiang stock market, and its market value has soared to trillions of Hong Kong dollars. Of course, the smooth operation of China's economy, although the profits of commercial real estate are not as high as before, but the stable profits are also an important reason. However, the most important thing is Wharf Properties' pioneering approach to commercial and real estate properties, which can bring huge profits to investors.

However, because of Wang Zheng's repeated capital injections, Wharf Holdings' shareholding in Wharf Real Estate has exceeded 95 percent! Although the real estate industry is the core of Wharf Holding Group, Wang Zheng does not need such a high shareholding ratio. All he needs to do is take a controlling stake in the group.

"Brother, why did you suddenly remember to issue new shares? With East West Bank, which has assets worth more than $550 billion, you are still afraid that you won't be able to borrow money?" Ma Yun said with a smile.

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