14 Hilton Hotels

"HSBC can provide 20 million Hong Kong dollars with an interest of 6 points, how about it?" Shen Bi said with a smile.

"Yes." Chen Zhiwen nodded and agreed, he was able to provide 80% of the mortgage, it is estimated that it was also because Shen Bi knew that he still had nearly hundreds of millions of funds in his account, and what the bank liked to do the most was the icing on the cake, the richer people were, the more they wanted to take out a loan.

As for the interest rate is 6 points higher, it can be regarded as a discount, before the Hong Kong stock market plummeted, a large number of funds fled, resulting in the Hong Kong government's foreign exchange tension, in order to stabilize the Hong Kong dollar, the Hong Kong government raised interest rates three times in a row, so that the cost of bank financing increased significantly, but this also caused the stock market to plummet further, in order to protect foreign exchange and abandon shares.

Shen Bi smiled and said, "Then I'll tell the news to the people who got the news." If Chen Sheng has any other companies he wants to acquire in the future, please feel free to come to me. ”

"Actually, there really is." Chen Zhiwen smiled and said, "I fell in love with this company again. ”

Shen Bi came to his senses, took the information and looked at it, frowned and said, "Universal Electronics? This seems like a very small company, right? ”

"It's relatively small, and the valuation is estimated at four or five million Hong Kong dollars." Chen Zhiwen smiled softly and said.

Universal Electronics, is the largest radio production company in Hong Kong, the internal business is mainly for several international giants OEM, but also has its own operating brand, but the main market for its own radio is in Southeast Asia, with a monthly production capacity of about 500,000 units, with more than 2,000 employees.

From the point of view of the number of people, the scale is not small, but in front of the business elite, it is a small company, first of all, Universal Electronics does not have its own real estate, the factory leases a 7-story industrial office building, second, as a contract business, its profits are low and pitiful, according to the information surveyed by Galaxy Holdings, before the oil crisis, Global Electronics OEM a radio, can only earn a net profit of 0.1 Hong Kong dollars.

"What is the purpose of Chen Sheng's acquisition of such a small company? Are you really ready to go all-in on manufacturing? Shen Bi asked with some incomprehension. In the past few years, as long as a person has money to buy a piece of land to build a building, then the money that a community can earn can easily exceed the net profit of a large foundry in Hong Kong for ten years.

Although there are still a lot of manufacturing factories in Hong Kong, most of them are those of the older generation, who don't want to change and dare not change. Chen Zhiwen is a young man, and the previous acquisition of the United Beverage Factory was just that, and the purpose may be for the land under the United Beverage Factory, but this time Global Electronics is a real physical factory, and it doesn't even have its own factory.

"It's just a few million, my personal pursuit." Chen Zhiwen did not explain too much, now he said that he wants to do his best to do manufacturing, it is estimated that he will be taken as a fool, in fact, if he does not know the opportunities and various outlets of the electronics industry in the future, then he will not be able to spend money here, directly now desperately hoarding low-priced stocks, in the real estate industry may not be worse than Lao Li.

"Okay, then I'll let Victory pay attention to it again." Shen Bi didn't ask any more, everyone has their own preferences, for example, many rich people in Hong Kong like antiques, and a boat king spent tens of millions of hoards, which is very stupid to outsiders, but he just likes it himself.

"Then I'll wait for the next good news." Chen Zhiwen said with a smile.

If you want to make an acquisition in Hong Kong, sometimes you really have to entrust these professional institutions, they have rich experience and sufficient resources, and they can quickly understand the weaknesses of the other party, so as to find a place to start. Before this, Chen Zhiwen had actually arranged for his subordinates to test Global Electronics, but he was rejected several times, and he didn't even have the opportunity to negotiate, so he had no choice but to find HSBC again, if it didn't work again, he had to consider a few others, but the other few were much simpler, and the bosses of two of them had loosened their mouths, and now it was a matter of price.

"Isn't Chen Sheng ready to invest in the real estate industry? Recently, the Hong Kong government auctioned two pieces of land in Tsim Sha Tsui, I think the location is good, if Chen Sheng is interested, he can get it at 95% off. Shen Bi smiled tentatively.

"In terms of real estate, I'm also ready to start, but I don't want to interfere in the official auction of land." Chen Zhiwen smiled and said.

The money for plastic particles has basically been recycled, and there are two that are going through the process, by that time, there will be more funds in their hands, although Chen Zhiwen is also ready to invest a little overseas, and Red Bull also needs a lot of funds to promote internationally, but these funds are still not much, and other funds will naturally be placed in the real estate market.

At present, the first priority is to absorb Wharf's shares, which is most suitable for the money made by speculating in plastics, and the funds placed on the bright side are used to cooperate with HSBC.

However, there are too many restrictions on official auction land, and it needs to be developed within the specified time after the auction, and the property needs to be built in a year to a year and a half, and the problem is that Hong Kong's real estate will not recover until 1976, and even the amount that has risen in 76 years is not much.

Shen Bi naturally knew the rules of the official auction, and said with a smile: "Then how is Chen Sheng going to enter the real estate market?" Is it to buy an old building, or to buy land from another company? ”

Chen Zhiwen paused and said: "I want to directly acquire the real estate company, Mr. Shen Bi, what do you think?" ”

"Which company?" Shen Bi is interested, the acquisition of companies is also one of HSBC's main businesses, and if it is a real estate company, it will inevitably need to invest or develop other projects after it is acquired, which will inevitably require loans.

"Yonggao Company." Chen Zhiwen said.

"Yonggao, Hilton?" Shen Bi asked with a twinkle in his eyes.

"Yes, it's the Hilton." Chen Zhiwen nodded and said.

The former was established in 2016, and the latter was established in 1991, but in fact, as early as 1961, Hilton came to Hong Kong, and its location is naturally in Central.

Hilton Hotel is an asset-light model operation, the hotel management group does not hold hotel properties, and the Hong Kong Hilton Hotel belongs to the American-funded Yonggao Company, in addition to owning the Hilton Hotel property in Central, it also owns a five-star hotel in Indonesia, and the current Yonggao Company is also listed in Hong Kong.

In the original history of 1976, Li Ka Shing's Cheung Kong acquired Yonggao Company, obtained the first property in Central, but did not participate in the management, Hilton still operated the hotel, to the 90s, Cheung Kong and Hilton reached an agreement, ended the cooperation agreement ahead of schedule, demolished the hotel, and built the most famous Cheung Kong Asset Center Building, that is, the headquarters of Cheung Kong Industrial.

Those who know a little about Hong Kong in the future know how advantageous the location of the Cheung Kong Central Building is, close to the headquarters of the future HSBC Group and the Bank of China Group, and if it were not for the layout of Cheung Kong in the 70s, it would be difficult for Li Ka-shing to buy such a prime location in Central in the 90s, no matter how rich Li Ka-shing is.