144 100 million charity - a sensation on Hong Kong Island
"100 Million Donations, Hong Kong's First Charity Birth"
The title of the letter seems to give people little appeal at first glance, but below the title, it is also written 100,000,000.00.
Countless zeros seem to be more attractive than the title, which has attracted the attention of many readers, the world is bustling for profit, the world is bustling for profit, Hong Kong is a drunken metropolis, so many numbers are always the most eye-catching.
What is the concept of HK$100 million in Hong Kong?
Among the current listed companies in Hong Kong, if the market value is 100 million Hong Kong dollars, it can rank 87th in the whole Hong Kong, if it is used for investment, you can buy 29% of the shares of Cheung Kong Industrial, 36% of the shares of Hehe Industrial, and become any major shareholder of the five tigers of real estate, even if it is a British-funded consortium, you can also buy 13% of the shares of Wharf, becoming one of the largest shareholders of Wharf.
If you use it to buy real estate on Hong Kong Island, you can buy at least 2,000 houses, any of which is a goal that is difficult for a middle-class class with a very good income to achieve in a lifetime.
Today's ordinary workers in Hong Kong can earn 2,000 Hong Kong dollars or 100 million Hong Kong dollars without eating or drinking for a year, which is equal to the total wages of 50,000 workers for a year's hard work.
"Boss, is there any more Hong Kong Economic Journal? Bring me one and another drink. A man in a suit with black-rimmed glasses walked up to a newsstand and said to the boss inside.
The company where Wang Dong works has been discussing the 100 million charity all morning, some envious, some jealous, and later began to discuss Chen Zhiwen's wealth, until the boss suddenly appeared, and everyone was scolded before they became honest, and the newspaper bought by the colleague was also borrowed by the boss.
As a white-collar worker in the office, he doesn't care much about the money for newspapers, but there are so many newspapers in Hong Kong, you can't buy every copy, he has been buying Ming Pao before, this is the consumption habit brought by Jin Yong, even if it is not new now, it is the same.
At noon, I went down to buy a letter newspaper.
"Come on, there's a few last copies here, and they'll be gone a little later." The newsstand owner said with a grin. Today's business is very good, as long as the newspaper has a gimmick in the headline, many people will come to buy the newspaper, and although the weather is not as hot as in the previous hot summer, it is okay, and the drinks are almost sold.
After taking the newspaper, Wang Dong found a shady place in the building, and read it while eating bread and drinks.
"Hong Kong Economic Journal" not only used the front page to attract readers, but also the third and fourth pages to describe the entire history of Hong Kong's charity, from the Ho Tung family a few decades ago, to the recently born China-Hong Kong Foundation, Hong Kong's history has left a well-known donation, all of which are clearly described, who donated, how to use, etc., etc., with this page of the newspaper, it is enough to see that in the entire history of Hong Kong, the people who really do charity are basically Chinese billionaires, and there are also British-funded, but not for ordinary people, but biased and donated to government departments, Build public facilities, the cats in it are greasy, and everyone who understands them understands.
The fifth page describes in detail Chen Zhiwen's business empire, from the well-known Hutchison Whampoa, to Red Bull Beverages, which is exported to the United States, as well as a Midea electronics company with thousands of employees, a Galaxy trading company with an annual trade volume of more than 100 million yuan, and Galaxy Real Estate, which is very famous in the field of industrial real estate in recent years.
Most of Midea's products are very ordinary, although the sales volume is not low, but basically no one cares, ordinary electrical appliances are just ordinary appliances, how much money can be made?
Red Bull is the topic that many Hong Kong people are most concerned about, this is the most amazing business miracle in the history of Hong Kong and even Asia, a local drink can actually kill in the American market with Coca-Cola and Pepsi, and it is still a high-priced route, it is said that there are more than a dozen containers of Red Bull to the United States every day at the Hong Kong terminal, and the sales volume will exceed one million bottles a day.
Wang Dong knows that a bottle of Red Bull costs 2.5 Hong Kong dollars in Hong Kong, which is a sky-high price in Hong Kong, and even he, a white-collar worker, has only bought it once, and deliberately saved it for a run before drinking.
Not to mention, the effect is really good, and people are immediately energetic.
The number of such profiteering industries is still so high, and the Hong Kong public finally knows why a young man has the ability to buy Hutchison of the four major foreign companies.
"100 million!" Wang Dong thought about his salary and sighed a little.
[After Chen Zhiwen acquired Hutchison, he could still take out such a large sum of money to make charity? It seems that there is really no shortage of money, and the memory is wrong, it is Hutchison, there should be no problem. Wang Dong suddenly thought that he should find a way to make some money with the information behind this.
It's just that Hutchison has been privatized, so it can only buy some shares of Hutchison's subsidiaries, many of which are still at very low levels, especially some real estate companies.
The Hong Kong Economic Journal also gave a general introduction to Hutchison Whampoa's recent business trends, including the cooperation with Cheung Kong, and the reactivation of a large number of projects that had been suspended, but it is not known what kind of cooperation Hutchison has with Cheung Kong.
After a while, Wang Dong found his target - Metropolis Real Estate, which is a real estate company with a lot of land in Kowloon, was acquired by Hutchison in the early years, as Hutchison entered the crisis, coupled with the collapse of land prices, it also led to its almost bankruptcy, and now Cheung Kong has taken over many projects, the suspension of the project has been started, it is said that it has begun to pre-sell properties, but there is still no movement on the stock market.
After determining the target, Wang Dong put away the newspaper, threw the drink can into the nearby grass, turned around and ran in the direction of the stock exchange.
"100 million Hong Kong dollars, what a lot of money." In an office inside Cheung Kong Industrial, Li Jiacheng looked at the newspaper and said with a smile.
"It's just a play on words, investing 100 million Hong Kong dollars in ten years, it may be the first year or the last year, and the gap is huge." A person on the other side also said that he was Sheng Yongneng, the manager of the business department of Cheung Kong Industrial, and he was also one of the most trusted people in Cheung Kong Industrial.
"That's right, with the current situation in the real estate market, in a few years, the value of Hutchison Whampoa will be enough to make anyone blush." Li Jiacheng sighed and said: "It's a pity, if only we could have acquired it in the first place." ”
"Chen Zhiwen dared to acquire Hutchison, and even later merged Whampoa Group and Watsons, the most fundamental reason is because his Red Bull drink can be sold in the US market, and the cash flow generated every day is enough to make any company in Hong Kong red, and the bank also values this, so he acquiesced to Hutchison being acquired by him, otherwise, don't say that we, even the real estate five tigers added up to the acquisition, may not be successful, the creditor bank can't pass at all, even if it passes, we will be burdened with great debt, and in the case of such a lack of funds, We also don't have the ability to restart so many of Hutchison's real estate projects, and we are very likely to end up being dragged into the water. Sheng Yongneng shook his head and said:
"As far as I know, after the acquisition of Hutchison, Chen Zhiwen also mobilized an additional HK$300 million from overseas to enter Hutchison, which means that even if we do not cooperate with Hutchison, Chen Zhiwen has the ability to solve Hutchison's debt pressure in a short period of time, so that Hutchison's projects can be re-operated and funds flow again."
"Within my prediction, there is not enough certainty that Chen Zhiwen will not be able to forcibly acquire Hutchison with such serious debts, let alone privatize and merge subsidiaries when he is still in debt." Li Jiacheng nodded and said.
"With enough capital, we can stabilize Hutchison, and he, like us, is optimistic about the recovery of the real estate market and the stock market in the future, and now there is only a matter of waiting." Sheng Yongneng said with some emotion: "If the real estate market really recovers to the situation at the end of 72, Chen Zhiwen's return this time will be able to earn billions of Hong Kong dollars, which is really unprecedented in the history of Hong Kong." ”
"It's a pity that we don't have enough capital." Li Jiacheng sighed and said: "If I had been born ten years earlier, and I had the current capital ten years ago, I would definitely have been able to acquire Hutchison, and even the Hang Seng Bank back then was not impossible." ”
"yes." Sheng Yongneng agreed.
"Okay, let's not talk about these pointless things." Li Jiacheng smiled and said, "How many projects do we have in cooperation with Hutchison now?" ”
"There are a total of 11 projects under development, and there are still 16 projects that are still negotiating the purchase price, and the asking price at Hutchison is a bit high, and we are still negotiating." Sheng Yongneng replied.
"How much do they want?" Li Jiacheng asked.
"It's 10% higher than our psychological floor." Sheng Yongneng said.
"Let's talk about it a little bit, let's let 5% or 6%, take down the project first, and then talk about it, it's too long, time is also a cost, and now the land price is starting to rise, and if it is delayed for a month, it may be more than 5%." Li Jiacheng thought for a while and said.
Cooperation with Hutchison, the two sides have already set which projects can cooperate, and then the two sides set their own prices separately and then renegotiate, this model is naturally Hutchison hopes to sell at a high price, Changjiang hopes to buy a low price, so they talked for a while, a few successes, and more than a dozen have not been negotiated.
"Is Li Sheng worried that other Chinese investors will also join in the fun?" Sheng Yongneng understood the boss's heart and asked.
"I don't rule out this possibility, I pulled Hehe Industry together, in fact, it is to have one less competitor, and the other is to increase our operational capacity and reduce risks, but there are many other real estate companies in the Chinese, and Hutchison has too much land in his hands, and we are now cooperating with Hutchison, but it is only a small part, and some locations are not very good." Li Jiacheng said helplessly.
"I don't think Chen Zhiwen will cooperate with other real estate companies." Sheng Yongneng said: "Hutchison still has a lot of land in his hands, these are all wasted, Qi Dezun was reluctant to share in the past, but now our cooperation model with Hutchison, with Chen Zhiwen's intelligence, can cooperate with us or other Chinese in the same way, but now there is no news, it is enough to show that he does not have this idea, the number of joint venture development projects he can provide should only be to be able to stabilize Hutchison's cash flow, as long as this can be maintained, it may be enough for him." ”
"Also, even if it is not developed, the remaining large amount of land can make several times more profits if it is redeveloped in a few years." Li Jiacheng nodded and said.
"It seems that his thinking is the same as that of British capital, thinking about hoarding property to make money, but he can't imagine that the fastest way to develop new projects and use bank funds to develop rapidly is the fastest way to develop." Sheng Yongneng said with a smile.
"Not necessarily, maybe it's just that the heart is powerless, and there are not so many talents in real estate development within Hutchison." Li Jiacheng said.
"It's also possible that if that's the case, we didn't think about the plan of using development and land to arbitrage, but it is estimated that it won't take long to carry out it." Sheng Yongneng said with some pity.
Li Jiacheng said: "It's a pity, but to be able to acquire Hutchison, how can it be an ordinary person, besides, these 20 projects, after development, we have no problem dividing tens of millions, if the land price rises again, hundreds of millions are also possible."
How did Swire talk about the Saixi Lake on the Braemar Hill Road? ”
"Still negotiating, Swire's asking price has been conceded by another 5 million, but I think it can still be pressed, I want to press it to the range of 80 million to 90 million." Sheng Yongneng said.
"I'm still very optimistic about that piece of land, so I have to be safe." Li Jiacheng thought for a while and said.
North Point is located in the middle of the eastern district of Hong Kong, China, and is also the northernmost area of Hong Kong Island, although it is a little off, but after all, it is on Hong Kong Island, the value is not low, and Swire Group has a piece of land here, with an area of up to 863,000 square feet, which is so large that it can be said to be very rare on Hong Kong Island today.
"Swire is now preparing to develop Taikoo Shing on a large scale and is in urgent need of funding, so it is also very urgent." Sheng Yongneng said with a smile.
"Taikoo Valley." Li Jiacheng smiled helplessly and shook his head, the land of Taikoo Shing is definitely the first residence in Hong Kong, located on Hong Kong Island, the nearby commercial facilities are very good, not far from the city, and by the sea, the area is large, more than one million square feet, but the British-funded Swire did not dare to raise funds from the bank, but instead sold the land in other places to raise funds for the Taikoo Shing project, and the land of Saisai West Lake was sold because of this.
"I heard that Chen Zhiwen's real estate company, Galaxy Real Estate, bought two real estate projects in Taikoo Shing." Sheng Yongneng said with a smile.
"Pure investment, really good." Li Jiacheng thought for a while and smiled: "If he is really like this, we can be the first to ask him about the real estate we will develop in the future." ”
"Hahaha, too, this can also increase the speed of our return on investment." Sheng Yongneng nodded and said.
"Take the land of Saixi Lake as soon as possible, I am also optimistic about several pieces of land that the Hong Kong government is preparing to auction recently, and the capital must be turned over quickly, otherwise we will miss a lot of good opportunities." Li Jiacheng continued.
The funds in the real estate market, as long as the turnover is fast, the higher the profits, just like a fund, the development of a project in three years and the development of three projects, the results are naturally very different.
"Okay, I'll take the land of Swire as soon as possible." Sheng Yongneng nodded and said.
Public opinion in Hong Kong was once again heated up, and Li's TV station and TVB also broadcast the incident in the prime-time news, and various media quickly reprinted it, and some English newspapers also paid attention to the matter, and even the mouthpiece of the Hong Kong government, Ta Kung Pao, also made a positive evaluation, evaluating Chen Zhiwen as a representative of a new generation of successful people, and also encouraged more people to participate in charity and help more people in need.
The outside world is still discussing Chen Zhiwen's China-Hong Kong Fund, but Chen Zhiwen doesn't care anymore, because a long-awaited guest from the United States-—— Phil Knight.
(End of chapter)