"Mr. Chen, the good news, Jardine Matheson has stopped its acquisition plan for Wheelock, and John Bench is also ready to prepare for the sale of the federal and international buildings." On the phone, Diess told Chen Zhiwen the news.

"Okay, thank you, Mr. Diess." Chen Zhiwen was quite happy after listening to this, just like what happened in history, Wheelock still did not provide its detailed financial and operating information in the end, resulting in Jardine Matheson had to stop, and this, in addition to this, HSBC must have used a lot of resources to prevent this from happening.

For this matter, Chen Zhiwen actually does not want to see Jardine Matheson really acquire Wheelock, although after the acquisition of Wheelock, Jardine will be a little more difficult to fund in the early stage, but Wheelock's land assets are also very rich, with the rise of land prices in Hong Kong, Jardine's comprehensive strength will be stronger, so when HSBC finds him, he is still happy to help, and he can also get certain benefits from it.

In the past two months, PARKnSHOP has begun to frantically squeeze Wellcome Supermarket, deliberately opening the supermarket next to Wellcome, and then immediately sacrificed a price war, and at the same time, a large number of property acquisitions are also being carried out simultaneously.

Seeing this trend, Jardine Matheson didn't have much time to react at all, so he could only follow the money to enter, otherwise, it would not take half a year for Wellcome to be completely swept out of the market.

Chen Zhiwen is naturally not very happy about burning money, but the low-interest loan provided by HSBC, which does not need to pay rent after purchasing a property, is an advantage in itself, plus the cheap supply goods brought by Galaxy Trading Company, just to maintain an unprofitable state, it is enough to make Wellcome Supermarket fall into a huge loss.

No matter how much money Ren Land has, one of its businesses loses millions of Hong Kong dollars a month, and it needs to be smashed into tens of millions of Hong Kong dollars every month, and there is no hope for the future, which is enough for Niu Bijian and Bao Fuda to have a headache.

In fact, this still has the advantage of his prophet, Chen Zhiwen knows that Jardine Matheson will not acquire Wheelock, but HSBC people don't know, and this kind of acquisition of large enterprises, it is normal to talk about a year and a half, so HSBC hopes that Chen Zhiwen, who has the strength to have an impact on Jardine, will snipe at Jardine in other fields and interfere with Jardine's acquisition plan, so he agreed to a huge amount of low-interest loan plan.

It's just that I didn't expect that Wheelock and Jardine Matheson saw some contradictions, so they immediately stopped the gong and let HSBC toss in vain, but for HSBC, it was a victory, because they blocked the merger of the two largest British companies in Hong Kong.

As for how HSBC interfered with the acquisition of Wheelock by Chinese or Southeast Asian capital, Chen Zhiwen does not know, and there is no need to know.

On the other hand, Diess continued: "But Chen Sheng, because Victory has a cooperative relationship with both of you, so it is inconvenient for us to intervene in the acquisition of the two buildings this time, but I can provide the corresponding market price for both of you to consider." ”

"Oh, okay, what do you think is the market price?" Chen Zhiwen asked.

"According to the housing prices and land prices around the Federal and International Buildings, the current value of these two buildings should be between 500 million and 700 million Hong Kong dollars, and the specific amount depends on professionals to measure the age of the buildings, the condition of the internal equipment, the tenants of the two buildings, and the financial situation in recent years," said Diess.

I have agreed with John Stool that he is willing to provide information on the income and liabilities of the two buildings for the last three years. ”

In the past, the information asked for by Jardine Matheson involved all the businesses of Wheelock, and the acquisition of the building was just a simple rent and debt, and it did not matter if it was known by outsiders, after all, this kind of information was transparent, and the rent of the Central Building was not much different from the nearby building.

"Okay, then we'll talk about this matter ourselves." Chen Zhiwen said with a smile.

On 3 December, The Peninsula:

"Mr. Stool, hello, Zhang Sheng, hello." Chen Zhiwen specially booked a presidential suite and made an appointment with John Stool, the head of Wheelock. However, John said that he needed to bring another person with him, named Zhang Yuliang, one of the directors of Wheelock.

As soon as Chen Zhiwen heard Zhang Yuliang's name, he immediately agreed.

In 1986, Li Jiacheng pressed the ship king Bao Yugang, and was ranked as the richest Chinese in Asia by Forbes for the first time, and the Li family also became the first family in Xiangjiang.

But in an interview with a reporter, Li Jiacheng publicly stated that he was only the richest man on the surface, and in Xiangjiang, his assets exceeded his by more than a palm.

Although this amount may be exaggerated a little. But in Xiangjiang, there are still a lot of invisible rich, Zhang Yuliang is one of them, if it were not for the outbreak of the Wheelock War in 1985, most Hong Kong people would never have imagined that Wheelock, one of the four major British-funded foreign firms, its largest shareholder is actually a Chinese family.

The Zhang family has been doing business in Xiangjiang since the beginning of the 20th century, starting by selling Western medicine, and began to get involved in real estate in the 50s, and in 1962, Zhang Yuliang, the fourth son of the Zhang family, built two buildings in the central district, the Federation Building and the International Building, which are the two buildings that Chen Zhiwen fancied.

In the 60s, a Chinese family was able to buy two plots of land in the core area of Central, and then build two buildings with their own funds, of which the Federal Building was the tallest building in Xiangjiang at that time, and the strength of the family can be seen.

But such a family, such a big investment, because the investment was not through listed companies, and the Zhang family deliberately spent a little money to control the media, ordinary people at that time did not know about their existence at all.

At the end of the 60s, Wheelock wanted to get its hands on the federal and international towers and several high-quality land plots in Hong Kong owned by the Cheung family, but they were unable to afford it, so they made an equity deal and the Cheung family became the largest shareholder of Wheelock.

However, with the low-key behavior that the Zhang family has always maintained, they have no interest in controlling Wheelock, otherwise, the first to acquire the four major foreign companies in Hong Kong history is Zhang Yuliang. However, having said that, it is also because of this that John Stool will make this deal, and the premise must be that the Zhang family does not interfere with Wheelock.

Knowing that Zhang Yuliang was also coming to meet, Chen Zhiwen knew that the possibility of acquiring the Federal and International Building this time was very high, because as far as he knew, the Zhang family, like John Stool, was actually preparing to transfer funds to Hong Kong, and they would definitely sell off the real estate.

"Chen Sheng, hello." John Stool said.

"Chen Sheng, I've admired the name for a long time." Zhang Yuliang, who was on the side, also shook hands and said: "In recent years, the strongest in the limelight in Hong Kong is Chen Sheng, and the acquisition of Hutchison has really increased the prestige of our Chinese." ”

"Where, if it weren't for the low-key Zhang family, I'm afraid the Zhang family would have become a well-known family in Hong Kong long ago." Chen Zhiwen said with a light smile.

"It is also because of the low profile that my Zhang family has the status of Wheelock today." Zhang Yuliang smiled and said: "I, as a person, actually know that I don't have much management ability, so I mainly invest in investment, and do not participate in the direct operation of Hong Kong shopping malls. ”

"That's already a pretty good result." Chen Zhiwen said: "Investing in capable people is also a kind of ability, and the return may be higher. ”

In fact, the fundamental reason is that the second and third generations do not have the ability of one generation at all, and the huge wealth comes to their hands, and the lack of management ability will lose the family property.

If it's just a waste of eating, drinking, and having fun, and then handing over the family wealth to a professional to take care of, as long as you choose a loyal and capable person, then nothing will decline.

Not afraid of the second generation of waste, afraid of the second generation of hard work, this is the truth of most rich families, only a few such as Li Jiacheng to cultivate children, can have the ability to pass on the family with peace of mind.

"I can only comfort myself like this." Zhang Yuliang nodded and said.

"Then since we're all here, let's talk about it officially." Chen Zhiwen said: "Since the two of you are here, they also have the intention to sell the federal and international buildings, and my people have already seen the financial data and debt data of these two buildings, and this is my offer." ”

After Chen Zhiwen finished speaking, Lin Yanming, who had been standing behind, handed the two envelopes to John Stool and Zhang Yuliang respectively.

John Stool and Zhang Yuliang took the envelope, opened it, and both of them immediately frowned, John Stool said: "Mr. Chen, the Federal and International Buildings, but they are both located in Central, close to Victoria Harbour, only 520 million Hong Kong dollars, which is too little?" ”

"I don't think that the location of these two buildings is really good, but the floors are not high, the utilization efficiency is too low, and it has been built for more than ten years, and the interior decoration has also been aging, if you want to continue to accept high-quality tenants, at least it will cost an estimated amount of almost 100 million yuan to decorate." Chen Zhiwen shook his head and said.

This valuation is estimated by professional institutions according to the nearby housing prices, and then taking into account the large transactions, there will definitely be a certain discount, the result of the calculation, in the original history, in 1980, Wheelock sold the two buildings to a consortium headed by Cheung Kong for 1.1 billion Hong Kong dollars, and now it is still more than three years ago, 520 million, which is about the same, in the past three years, the average Hong Kong real estate market has more than doubled, but the housing price base in Central is relatively high, and the increase is not as high as the average. Almost double.

"Even if you don't decorate, this location can still be rented at a very good price." Zhang Yuliang said with a smile.

"In the past, it was possible, but Hongkong Land's Central District redevelopment plan will be completed in a few years, and when the time comes, Hongkong Land will have all kinds of high-quality properties with fine decoration, how can we compete?" Chen Zhiwen said with a light smile.

Since it is a long-term rental business, anyone will value the rental price, and only like Chen Zhiwen who knows that the future price increase will not care.

In their cognition, how much money can be rented out has a great impact on the price of office buildings, which is also everyone's cognition, even if it is land, selling or buying commercial office properties, you also need to refer to the rental price of its property.

"The price is still too low." Zhang Yuliang frowned and said.

"Then I have another proposal." Chen Zhiwen said: "Under Wheelock, there are also some land plots in Kwun Tong and Sha Tin, I can take them all, and I can also increase the amount a little more." ”

"Is Chen Sheng really so optimistic about Hong Kong's real estate industry?" Zhang Yuliang asked.

"Everyone has their own opinions, I am optimistic about Hong Kong's real estate industry, and the two of you are optimistic about the global shipping industry. Chen Zhiwen smiled and said.

There is another party did not say it, then the HSBC that contributed to the transaction, Chen Zhiwen bought two buildings, mainly to borrow from HSBC, although it is low interest, but HSBC will definitely not make money, and get the funds of Wheelock, will definitely be put into the shipping market, shipbuilding itself is a higher demand for funds than real estate industry, HSBC can make a lot of money.

If the deal closes, all three parties will be satisfied, at least for now, and if there is no avalanche in the shipping market in a few years, it may be one of the more successful deals in Hong Kong's history.

"Okay, but I will have a lot of land in Sha Tin and Kwun Tong, what does Chen Sheng want?" John Stool suddenly came interested again, he himself does not understand real estate operations, even in the last round of real estate market rise, he is also relying on the sale of land or cooperation with Chinese-funded companies to make a profit, now since it is determined to develop in the shipping market, naturally very short of funds, at this time, selling Wheelock can not make a profit on the land, is a good choice, anyway, Wheelock has a lot of land.

"Wheelock has a lot of land, so I will send my Galaxy Real Estate to visit Wheelock Real Estate, and when they negotiate with each other what can be traded, we will negotiate the price, how about it?" How about the two buildings, the federal and the international, when the time comes, calculate the price together? Chen Zhiwen smiled and said.

He is not worried that the other party will regret it, because at present, there are only a handful of people in Hong Kong who can have this financial resources, and such companies have their own development plans, and they will not mobilize a lot of funds to do other things suddenly, even if they are the same as Chen Zhiwen, they are more confident in the future real estate market.

And the current shipping market, is completely in the sea to pick up gold, a ship, more than a year can return to the cost, three years to earn another ship, second-hand ships have been speculated to sky-high prices, even more expensive than new ships, because of the construction cycle of new ships, second-hand ships may earn back the cost of the ship.

Because of this popularity, a large amount of capital is red-eyed, and Wheelock, as a large group whose main business is shipping, naturally wants to rush in, but this requires a lot of money.

Everyone is drunk Bao Yugang sober, he saw too much capital into the shipping industry, and then calculated, the number of orders from the world's major shipyards, once in the early 80s, there will be more than 100 million tons of market demand for cargo ships put in, which will inevitably lead to the collapse of the entire market, and then there will be the story of Bao Yugang's broken arm acquisition of Wharf.

Other ship kings in Hong Kong do not have this vision, and Wheelock was also acquired by Bao Yugang in 85, and the fundamental reason is also because of the huge losses in the shipping industry.

"Okay, then we'll talk about it next time." Zhang Yuliang nodded and said.

(End of chapter)