246 Upcoming "golden" opportunities

The acquisition turmoil of Wharf slowly dissipated with time, lasting for a total of three months, from Li Jiacheng to Chen Zhiwen's success, many people who eat melons can be regarded as very lively, and some media newspapers have also opened a page dedicated to tracking reports.

However, in terms of popularity, it is much smaller than Chen Zhiwen's acquisition of Hutchison before, after all, even if the process is not very exciting for the first time, it is also very exciting, and the second time it may feel good, but it is also calm.

If there is a third or fourth time in the future, it may be very normal and the process is familiar.

After Zhao Lilin selected 3 plots of land with medium size and medium size, Chen Zhiwen invited Li Jiacheng, Lee Shau-kee, and Zheng Yutong to come for tea, and then discussed the cooperation plan.

Originally, Chen Zhiwen's plan was to divide a few pieces of land to them, and as for who wanted which piece, they decided for themselves, but Li Jiacheng proposed that everyone simply set up a joint venture company to develop these lands, and Chen Zhiwen, as the holder of the land, would get 50%, Li Ka-shing would get 20%, and Lee Shau Kee and Zheng Yutong would each get 15%.

The plots were first injected into the joint venture and then paid to Wharf with a bank loan, which now also needs funds to develop Harbour City. The subsequent development is paid by the construction company in advance, and the joint venture company pays a small amount of cash, and only needs to quickly build one of the plots, and when the property on this plot reaches the time when it can be pre-sold, it can quickly obtain a large amount of funds, and then develop several other plots, and then recover the funds after all the projects have reached the pre-sale time, settle the final payment of the construction and bank loans, and then divide the remaining profits equally according to the shares of several parties

This plan is quite aggressive, and if something goes wrong in the process, you can lose money.

Li Jiacheng calculated the profits for everyone on the spot with pen and paper, and guaranteed that these projects could make a profit of 50 million Hong Kong dollars, Chen Zhiwen, Lee Shau Kee, and Zheng Yutong nodded and agreed, and he was responsible for everything, and they provided an appropriate amount of funds (land) and bank credit.

After signing the contract, several people quickly set up a new joint venture, and a week after the land was injected, Wharf received 80 million yuan from the joint venture company, which was used to purchase three plots of land.

After Zhao Lilin received the funds, he immediately began the acceleration plan of the Harbour City project, which almost stopped the construction of Harbour City due to the outbreak of the Wharf acquisition war, and now the funds are in place, and the construction of Harbour City will start 24 hours immediately, so as to make the Harbour City open in the shortest possible time.

And Chen Tianfu, who got the news, also ran over, found his son and said: "Ah Wen, the land of Wharf, why do you cooperate with Li Jiacheng and those people?" Can I do it or Galaxy Real Estate? ”

"Dad, your funds shouldn't be recovered until August, right?" Chen Zhiwen smiled and asked.

"Yes, the property projects of Central and Admiralty subway stations will not be pre-sold until August, and now the house prices are rising too fast, I estimate that after deducting taxes and bank loans, the net profit can still have 200 million Hong Kong dollars, which is really blood-earning." Chen Tianfu said with a smile.

Chen Zhiwen said: "Wharf Harbour City, I am very optimistic about its future, but now it has not yet opened, and it is sucking the blood of Wharf every year, so I must complete it as quickly as possible, so that one positive and one negative, Wharf can restore its true status as one of the top ten conglomerates in Hong Kong." ”

"This is okay, then wait until the end of the project in my hand, almost in the second half of the year, we will develop the land of Wharf or Hutchison together, your Galaxy Real Estate, several big projects in hand, can be pre-sold at about that time, it just so happens that we have sufficient funds, and we have land, and we can earn hundreds of millions of dollars, easily." Chen Tianfu thought for a while and said.

"Okay, we'll talk about it then." Chen Zhiwen nodded and said, the money he got from Li Jiacheng and others now is enough to maintain Harbour City for half a year, and after half a year, he still needs some funds.

It was fast to April.

Once again, Henry Morgan came to Hong Kong.

"Eric, congratulations on acquiring another major company in Hong Kong." As soon as they met, Henry Morgan laughed out loud.

"Please take a seat, the United States is also concerned about Hong Kong's business?" Chen Zhiwen smiled lightly and gestured.

"The Los Angeles Times reported on your acquisition of a local company called Wharf in Hong Kong, and also mentioned Jardine Matheson, in fact, Jardine Matheson Group is also a little famous in the United States, and his land company has been rated as one of the world's top three real estate companies." Henry Morgan said with a smile.

"That's because there are very few such real estate companies in Europe and the United States, right?" Chen Zhiwen smiled and said.

There are also large real estate companies in the United States, but they are generally developed and sold, and there are also holdings, but the scale is not very large, and Hongkong Land holds a large number of properties with very high value.

"I can't say that, in fact, there are many people in the United States who own a large number of commercial office buildings, but they will not be placed under the same company, probably out of low-key considerations. You also know that this is the best way to hide your wealth. Henry Morgan explained with a smile.

"That's just as well." Chen Zhiwen nodded, the super-rich want to hide their assets, the channels are actually very few, the stock market is not good, because capable people and even reporters may find information, and it is not possible to do business, a large number of items and capital transactions cannot be hidden from the society, but real estate can, its daily transactions are only rent, compared to the value of the whole house is not high, as long as it is held through different companies, it is difficult to contact the same person, and the most important thing is that there is no social movement, as long as you don't buy conspicuous buildings such as the World Trade Center and the Empire State Building.

"Eric, the financial pressure on acquiring such a large company should not be small, if there is any need, I can ask JPMorgan Chase to give you a preferential loan discount." Henry Morgan said with a smile.

"Not yet." Chen Zhiwen shook his head and asked again: "Now JPMorgan Chase is starting to lack customers?" ”

"No, now the interest rate is too high, so high that a large number of companies dare not borrow." Henry Morgan said helplessly.

"Maybe I'll need it later, and I'll contact you later." Chen Zhiwen thought for a while and said.

Since the outbreak of the first oil crisis, there has been hyperinflation in the world, which has not been able to fall for several years, which is a fatal economic blow to European and American countries, in order to suppress inflation, the Federal Reserve began to raise interest rates continuously, resulting in a huge impact on the US banking industry. As in other countries, interest rates are high, and Hong Kong would have had a hard time if it weren't for the huge short-term economic bubble caused by the continuous rise in housing prices.

However, in this environment of high inflation and high interest rates, the price of gold has risen sharply, before 78 years, it was not an exaggeration, but in 79 years, the increase was greater than everyone imagined, which is also the "golden" opportunity that Chen Zhiwen has been preparing for.

In a year or so, the price of gold can triple the rate, which is not an exaggeration, and the occasional special stock can even increase by five times or ten times. However, gold is the world's second largest traded commodity after oil, which can accommodate a huge amount of money, which means that you can make huge profits in the short term, and stocks that can multiply several times cannot, and the total market value of such stocks cannot be high, and there is simply not much room for too much money.

"Oh, when is it? How much funding is needed? Henry Morgan asked curiously.

"It's a lot of need, but it's just a drop in the bucket for you JPMorgan Bank." Chen Zhiwen smiled, not wanting to bother with this matter, so he changed the topic and said: "Henry, you came to Hong Kong, don't you just want to find customers for JPMorgan Chase, right?" ”

"Of course not." Henry Morgan didn't care about the bank's affairs anymore, after all, his own affairs were the most important, so he said: "This time, mainly because of this, this is a new thing that has suddenly exploded in the US market in the past six months." ”

After speaking, Henry opened the suitcase next to him and took out a flat rectangular box inside, which looked like electronic products one by one.

"This is Atari's home console?" When Chen Zhiwen saw this shape, plus the ATARI letters on the face, he immediately knew what it was.

"You know this thing?" Henry Morgan was surprised and said: "I can't imagine that Eric, you are in Hong Kong, and you can actually know about the recent events in the United States, then it seems that I am too careful." ”

"Actually, when Atari released it last year, I commissioned someone to buy one from the United States." Chen Zhiwen is also telling the truth, he actually knows that Atari has been desperately researching home game consoles in the past two years, and naturally arranged for people to keep an eye on Atari, when this first-generation home game console was born, he bought ten pieces at one time, and then brought three of them back to Hong Kong, and the remaining seven pieces were left to the American team.

"I see." Henry Morgan nodded and said, "A month ago, I went to a bar and ran into a couple of people playing an arcade game of Space Invaders, and we had a casual conversation, and then the man said that it would be great if this game could be transferred to my ATARI at home."

At that time, I didn't know about the home game console, so I asked a few more questions, and then the man took me to his house to have a look, and I found out that many of the Atari arcade games had been transferred to this small box, and this small box only cost a few hundred dollars, and it could be connected to the TV and play a lot of games. ”

"Henry, you're really discerning." After listening to Henry's description, Chen Zhiwen couldn't help but praise that Henry Morgan, a businessman, actually had this kind of vision, which made him a little surprised.

"I don't know about technology, but I just see that this one is more playable and cheaper, and arcade doesn't have any commercial advantages at all." Henry Morgan shook his head and said.

"You're right, this home game console is indeed the natural enemy of arcade machines, but things are not as pessimistic as you think." Chen Zhiwen smiled and said.

"How?" Henry immediately came to the spirit, he is a smart man, and smart people also have the troubles of smart people, for example, when he felt that the career he had built with great difficulty might be ruined, he was very depressed in his heart, but now that he has hope, he naturally has strength.

Chen Zhiwen said: "Home game consoles are stronger than arcade machines in all aspects, just like you said cost and playability, but the popularity of this thing is not so fast, and it is impossible in a few years."

The second is,Game copyright,There is no good game copyright,This thing can't be popular,Atari or other game companies have basically no achievements in the arcade market in recent years,Now turn to the home game console market,It won't be so quick success,And you see this space,It's so small,It also needs to be compatible with a variety of different games,And you need to feedback the signal of the handle and send signals to the TV,The difficulty in this,Far more than the arcade machine we customized for a game,So in terms of experience,At least 3 years, Home consoles are nowhere near the same as arcade machines. ”

"And what about 3 years from now?" Henry Morgan asked.

"Three years is enough time for us to develop a high level of success in the arcade market, besides, you can't really expect that arcade machines, like cars, can be useful for a lifetime, right?" Chen Zhiwen smiled and said: "Another point, electronic products, in fact, the smaller the space, the greater the difficulty of technology development, even after three years, our arcade can also develop high-performance games, which is a home game machine, is at a disadvantage, and you also know that the development of the semiconductor industry, the cost is getting lower and lower, and in the future, the terminal price of our arcade will only get cheaper and cheaper, then the market can still be expanded, maybe when the arcade machine is only a few hundred dollars, there will be a special arcade game store, The market will always exist. ”

"There's a bit of truth to that, but the market will definitely be hugely affected." Henry Morgan said.

Chen Zhiwen nodded and said: "Of course, arcades will exist for a long time, but the era of arcade profiteering may end soon." ”

With the development of the semiconductor industry, the chip performance is getting stronger and stronger, not only games, other industries are also gradually developing, people will have more and more entertainment methods in their hands, and the arcade machines with huge fees have not survived for a few years, even in the original history, in 1981, that is, the third year after "Space Invaders" made $100 million in the American market, the entire arcade market is not good, no matter how good your arcade games are, everyone is playing games at home.

With the advent of high-performance games, in the mid-to-late 80s, arcade machines began to revive again, but the rise of computers in the 90s gave arcades another blow to the head, and there was no chance again. Then, in the 21st century, although there is a trend of emerging in the game hall, the things in it are different from the current arcade machines.

However, in developing countries where computers cannot be afforded, there is also a large market for cheap arcade machines, but they are basically pirated and have little to do with game companies.

"Eric, from what I know about you, since you have seen it so thoroughly, that means that you are also preparing to make a home game console?" Henry Morgan saw that Chen Zhiwen was still talking and laughing confidently, and asked tentatively.

"Yes, last year, I had already arranged for a team from the United States to study in this direction." Chen Zhiwen nodded and said.

(End of chapter)