167 The greedy Jews

"Okay, then seventy percent, as long as you can pay immediately." Chen Zhiwen directly agreed, maybe he can sell it at a higher price in the future if he stays in his hands, and even in recent years, he will not lose money, and there will be a little feedback, but compared to the Hong Kong real estate market that is about to take off, it makes no sense, it is better to cash out cash directly, and then invest in the field he is familiar with.

"That's no problem, they are still very well-known in this industry, and they rely on high cash flow to attract customers who are eager to sell their assets." Henry Morgan said.

"That's good." Chen Zhiwen nodded.

Henry Morgan continued: "It's just that I'm curious, just the beautiful arcade machine can make you a lot of cash, and now you are still in a hurry to sell the overseas assets in your hands, is it the next big investment project?" ”

"Yes, I'm about to start a mega real estate project in Hong Kong, and I estimate that it will cost at least $400 million." Chen Zhiwen said lightly, this kind of thing will not be a big secret, and it doesn't matter if you say it.

"Oh my God, $400 million? A large office building like New York's World Trade Plaza? Henry Morgan was amazed, and he was indeed amazed by such a large real estate project.

"No, it's going to be a huge community." Chen Zhiwen smiled and said.

When it comes to real estate in Hong Kong, the funniest data is that many projects are large investments, even superpowers like the United States are relatively rare, such as the headquarters building that HSBC will build in a few years, costing one billion US dollars, which is the most expensive office building per unit area in human history, even in the 21st century.

The two World Trade Towers built in the 70s, that is, the two that had an accident in 01 years later, added up to 750 million US dollars, although the difference is ten years, inflation has a certain impact, but the area of any one of the World Trade Towers is more than 3 times the size of the HSBC headquarters, not to mention, the higher the cost of the building, the HSBC headquarters building, can be said to be a strange in the history of architecture.

In the original history of the 80s, the Whampoa Garden project, the construction cost of almost 4 billion Hong Kong dollars, put it now, it is estimated that it will also cost 2 billion Hong Kong dollars, but these figures are virtual, the actual investment is only the use of the prepayment of home buyers to implement revolving investment, the real part of their own investment is not much, but no matter how little, hundreds of millions of Hong Kong dollars are still needed, this is only the construction cost, the industry to the business is calculated separately.

"Community? Such a big investment? Henry Morgan thought for a moment and asked, "Something like a big downtown apartment like New York City?" ”

"Almost, right?" Chen Zhiwen thought about it and said, it is said that the poor in the United States live in the city center, but this is not suitable for the megacities of the United States, similar to the center of New York, the price of all kinds of apartments is still very expensive, even if the area is not large, it is not something that ordinary people can buy.

"In that case, Eric, if you still lack funds, I can come forward and ask Morgan Bank to lend you money." Henry Morgan said suddenly.

"Morgan Bank?" Chen Zhiwen showed a hint of surprise and asked, "JPMorgan Bank is also willing to do business in Hong Kong?" ”

There are two Morgan banks in the United States, one Morgan Stanley, which is an investment bank, similar to Goldman Sachs, and the other is Morgan Trust Bank, which is a commercial bank, similar to Citibank, both of which are derived from the Morgan consortium, a former financial giant in the United States.

"Not in Hong Kong, but in the United States, we lend money in the United States, the funds are in dollars, and what you need to pay back is also in dollars, and as for the mortgage, we will not ask you for any collateral in Hong Kong, but in the United States, for example, your Red Bull or Midea's arcade brand." Henry Morgan said.

"The arcade business can also be mortgaged? Does this have any asset value in itself? Chen Zhiwen asked.

"We don't just look at the mortgage of physical materials, if a company's business development is strong, or there are products in hand that can be sold in the future, it can be used as collateral, but after all, it is not an entity, so the mortgage amount will be relatively low, and again, the interest on the loan will be very high, much higher than the normal mortgage." Henry Morgan explained.

"How much can you mortgage this beautiful snake and magic cube arcade?" Chen Zhiwen asked with a smile.

"The magic cube is not good, although I have played it, I think it is very good, and I think it will be equally popular, but it has not been recognized by the market after all, although I belong to the Morgan family, but the internal regulations of Morgan Bank, can not be violated, and the snake, now in the United States sales are very good, the orders in hand are also very large, the potential of the market size can also be roughly calculated, not to mention, in addition to the US market, there is also a huge European market, these add up, the normal process of Morgan Bank will also treat these as assets that can be pledged, Plus if I maneuver around it, there shouldn't be any problems. Henry Morgan thought for a while and said: "As for how much money you can borrow, I estimate that 3000~50 million US dollars should not be a problem, if your artifact cube has the same results as Snake in the future, you can also use this as collateral at that time, the logic is the same, and if you want to borrow more, you have to consider increasing collateral, such as Red Bull and Costco." ”

"Red Bull and Costco don't have to, and the mortgage of arcade games can be considered." Chen Zhiwen nodded and said.

Costco's business data growth is comparable to Wal-Mart, and it is very stable, and member loyalty, almost seventy or eighty percent of members will come to consume every month, a consumption is a large sum, plus because of the low frequency and the lack of labor is not needed, the advantages in all aspects are too strong, as Sam Walton can predict that Costco's business model is very good, but it is absolutely impossible to imagine that it will be so good, therefore, in any case, Chen Zhiwen will not expose Costco's business data, and Red Bull is similar, although it is burning money to grab the market, resulting in the company has not been profitable, but as long as a professional person looks at it, he knows the terrible potential of Red Bull in the future, and these data cannot be exposed.

Otherwise, not to mention the two cola giants, even Danone and Nestle will also see that they will enter the market, although it may not be possible now, but Chen Zhiwen does not want to burn money with strong competitors in the earliest stage of development, because this means that a large number of shares have to be diluted.

In the future, it is one thing to take the initiative to introduce investment, and it is another thing to be forced to introduce it, and even if you win, you will no longer get the absolute status you have now, no matter how strong Red Bull is in the future, there are many competitors of local brands, he is trying his best to avoid this kind of thing, even if he can't stop it, he hopes to delay the opponent's entry time to the greatest extent, the later the better.

"Okay, then I'll hand over my current arcade data and market analysis to the lending department of Morgan Bank, and Midea may also need to provide some data." Henry Morgan said.

"No problem." Chen Zhiwen nodded and said, all the data of the United States, there is nothing to hide, household appliances are no different from other similar enterprises, this is also the reason why it is difficult to develop, it is completely Chen Zhiwen hard to spend money to support, the advantage of the prophet can not play a role in the industry that relies on technology and the market has been stable, and the arcade machine itself is a short-term profiteering industry, although the product is a new thing, but the approximate cost is not to mention the industry boss, an engineer who understands the price can be roughly calculated once it is dismantled, Naturally, there is no need for secrecy.

Henry Morgan raised his glass and said with a smile: "Come on, cheers, what I said is really good, we will have more opportunities for cooperation in many fields." ”

β€œcheers。” Chen Zhiwen raised his glass, but he didn't say anything more, he was invited here today, and the shot of Hutchison's overseas business is a trivial matter, and it is estimated that this is the right thing?

It's right to think about it, the Morgan family has always relied on finance to eat, even if they find that other businesses can make money by chance, they will find a way to use the financial routines again, and when they see the potential of arcade machines and other arcade machines plus other high-quality industries on their side, and there is no way to buy shares, they will naturally induce them to provide financial services.

Under normal circumstances, who would refuse such a good thing? Even if it really doesn't need to, it will be more or less goodwill, and if you agree to cooperate, then if you develop normally, then JPMorgan Bank can earn high-profit interest expenses, and if there is a problem, it may be slaughtered severely.

No matter what, the other party wins, and those who play finance don't encounter the collapse of the entire market economy, and basically make money lying down.

But this is also good for yourself, although the arcade makes money, but if you want to earn a sufficient amount, it still takes a few years, if you can really rely on the arcade business to get a line of credit, it is equivalent to getting the future money and reinvesting it now, the simplest, hoarding property in Hong Kong, you can also earn several times after a few years, even if the interest is high, it is also blood earning.

It's just that even the bold Wall Street investment banks are more cautious about non-physical property mortgages, and it is estimated that it is the limit to be able to borrow half a billion dollars, and it may not be possible until the magic cube becomes popular again in the United States.

"Eric, one more thing, a friend of mine, he is a Frenchman, after knowing about our arcade, he was also attracted to the game, he is also a very business person, and he also has a lot of resources in Europe, so he wants to represent the business of Snake in Europe." Henry Morgan continued.

"Over there in Europe?" Chen Zhiwen paused and said: "Europe is indeed a big market, but Hong Kong's current production capacity may not even be enough for the United States in the next few months, how can it still be able to manage Europe." ”

"As a good entrepreneur, Eric should be prepared for a rainy day, besides, we have also estimated the demand time release of the US market before, and the first few months are relatively tight, and after a few months, a large amount of goods in the United States, plus the increase in production capacity in Hong Kong, for you, don't you need to open up new markets? Europe is just next, and in terms of economic scale, the whole of Europe combined is no less than the United States. Henry Morgan said with a smile.

"That's right, but Henry, I might as well be straightforward, I can't possibly give you the distribution of European arcades anymore, or your friends, it's not in my interest." Chen Zhiwen directly shook his head and refused.

Sometimes, it is much more convenient to refuse outright, so as not to be clear for a long time, the early days of the arcade do need people with strong backgrounds to assist, such as Henry Morgan, Chen Zhiwen put the entire American market in charge of him.

Theoretically speaking, the deeper the management of dealers, the higher their profits, but it is impossible to manage countless suppliers, even Coca-Cola, a century-old monopoly giant, can not do it.

Midea naturally cannot have the ability to manage independent dealers in each state, nor can it find so many people, which requires itself to have enough fame, that is, its products have a certain reputation, or operate successfully in a certain place.

For example, Red Bull, after operating in the United States for two years, when it was ready to land in Europe, many large supermarkets and local dealers took the initiative to come to the door, Chen Zhiwen's plan is to copy the situation of Red Bull on the arcade, as long as the United States opens the market, there will naturally be people with vision in Europe to take the initiative to come.

Under any normal business model, no company will give its distribution rights in the United States and Europe to the same person, or a group, which is equivalent to handing over their own fate, although arcades are only popular for a few years and belong to a short-term industry.

Henry Morgan didn't care, he seemed to know the result, and said: "My friend is very influential in Europe, and their family is a liquor maker themselves, so they also have a deep relationship with the supply chain of the entire European bar. ”

"It's not very important, like Henry, you don't have the resources for a bar, but you just have to put in it." Chen Zhiwen shook his head and said. It's not difficult for people with connections to get through the bar channel, so it's not very important to have no history in this area.

"Really, don't even think about it?" Henry Morgan asked, "I know Eric you're coming to the United States from Europe, if there's any business in Europe that you're interested in, maybe you can work together?" ”

"I'm in Europe, and I've only acquired a manufacturing company, and the other business is to use Europe as a market for my products, and I really don't have anything else to work with." Chen Zhiwen smiled and said, "Moreover, your friend shouldn't be the controller of their family, otherwise, he wouldn't have watched the arcade?" ”

A really strong family generally does not suddenly do other businesses for no reason, but individuals within the family will be very interested in participating in other things that can make quick money, and Henry Morgan is actually this kind of person.

"Yes." Henry Morgan paused and said.

"The European market, don't consider it for the time being, let's talk about it in half a year!" Chen Zhiwen smiled and said

PS: I have a flu, my whole body is uncomfortable, and I will keep a low frequency update for the past few days, and then return to normal after I am well.

Look at the situation in the evening, and if you can still write, send another chapter.

(End of chapter)