249 Meet the ship king Bao Yugang

When Chen Zhiwen first heard the news, he was still a little distracted, but he quickly figured it out.

After seeing the background that the global shipping market will inevitably shrink on a large scale in the next few years, Bao Yugang naturally wants to dispose of the ships in his hands, in fact, this year, Bao Yugang is also gradually dealing with the old ships in his hands, selling what can be sold, and dismantling what cannot be sold.

This process is not very intense, after all, the shipping crisis will not come immediately, it is not to the point where you need to break your arms to survive immediately, and at the same time, it also involves the work of many workers and the contract problems with existing customers, which will take time to slowly straighten out.

In the eyes of outsiders, Bao Yugang is dealing with the old ship, which can be regarded as a very normal behavior, only Chen Zhiwen, after knowing this incidentally, can judge that the ship king is ready to abandon the boat.

Although it is not easy to abandon the boat, as long as it is still late to take your time, but it is not so easy to land, the entire Hong Kong real estate market has long been controlled by traditional British capital and more than a dozen Chinese real estate upstarts, Bao Yugang's family can indeed enter the real estate market, but without experience, no talent, no land, starting again, basically it is unlikely to succeed, besides, Bao Yugang's age is not young, it is impossible to start a new business in another field.

He wants to land, not to recreate the glory of the real estate market, but to leave a stable family asset for his four daughters and sons-in-law.

And Jardine Matheson, because Chen Zhiwen has been unwilling to forcibly acquire at a high price in the stock market, resulting in the Wharf shares in the hands of Jardine Matheson failed to take the opportunity to get rid of the stock at a high price, after being changed hands by Wharf, the stock price fell again, at this time, it can not be sold in the stock market, even if it is a second shareholder, it also holds nearly 20% of the shares, if it is smashed, the stock price can fall into penny stocks, and Jardine will suffer heavy losses.

Therefore, finding the right buyer has become Jardine's recent target, and Chen Zhiwen actually knows that Jardine Matheson is looking for a successor through Tori.

In this case, it is normal for one person who has money to buy Hong Kong assets and the other who wants to sell a large number of stocks in his hand.

But what Chen Zhiwen can't figure out is why Hongkong Land also wants to sell the two buildings in his hand, the Prince Building is located in a prime location in Central, which is more valuable than the federal or international building in Chen Zhiwen's hand, and the Duke of Windsor Building in Tsim Sha Tsui is also in a good location.

Zhao Lilin, general manager of Wharf, naturally received the news, so he came to Chen Zhiwen, along with Xu Jinhong of Xinghe.

Zhao Lilin asked: "Mr. Chen, Charter King has acquired 20% of the shares of Wharf, according to Hong Kong law, he will become one of our directors, do we need to formally invite him over?" ”

"Invite, 20% of the voting rights are only, it has no impact on us, even if he sends someone over to participate in the management, it is no problem, those who have the ability can use it, and those who are not capable should raise a few idlers, it doesn't matter." Chen Zhiwen smiled and said.

In fact, let go of the 20% stock in the hands of Jardine Matheson, Chen Zhiwen doesn't care who will buy it at all, he holds 40% of the shares, plus he has obtained the right to operate, there is no way to drive him away, even if the company loses money like Hutchison back then, no one can do it.

This is the advantage of holding the right to operate, in the battle between Bao Yugang and Jardine in the previous life, Bao Yugang held 30% of the shares, and Jardine only 20%, but it was because Jardine had the right to operate, Bao Yugang was helpless against Jardine, and finally had to use tough measures to acquire Wharf shares for 105 Hong Kong dollars a share, and obtained 49.9%, so he got the control, but the cost was too large to estimate.

If Chen Zhiwen also held 30% before, then he might also fall into a tug-of-war with the Jardine family, and the process may not be much better, after all, when he has 40%, it is within the Jardine Department, and he has no confidence.

As long as the time comes, Chen Zhiwen will also reinvest in Wharf to obtain a total of 49.9% of the shares, completing the absolute control of the impregnable gold.

Besides, he also believed that Bao Yugang was a smart person, and even if he wanted to land, he would not choose to fight against him, because it was completely unnecessary.

"Okay, then I will officially send an invitation to the charter king in the name of the board of directors." Zhao Lilin said.

"Actually, I don't care that Bao Yugang became a shareholder of Wharf, but Hongkong Land also sold two buildings, which is a bit strange." Chen Zhiwen thought for a while and said.

For Wharf, he is not ready to privatize, this is just a rent-collecting enterprise, unlike Hutchison, which holds a large number of high-quality and potential businesses, and the land price was at a low point at that time, and the cost of privatization of Hutchison was not high.

And now, Chen Zhiwen is famous, and many people are also optimistic about Chen Zhiwen's means and abilities, at this time, if you want to privatize Wharf, you must not be slaughtered by a group of people to vomit blood.

Of course, the future of real estate prices are high, now even if you spend a lot of money on privatization of Wharf, there will definitely be some earnings in the future, but there are too many ways to make money in this era, there is no need to stumble here, rather than using a billion Hong Kong dollars or even more funds to privatize Wharf, it is better to invest in other places, not to mention the upcoming "golden" opportunity, that is, to buy property in Hong Kong with this billion, you can easily earn several times, to 83 Hong Kong real estate crisis and then turn to the Japanese real estate market, With your eyes closed, you can earn more than ten or twenty times or more.

Besides, he holds absolute control of Wharf, and Wharf's funds are actually his, completely controlled by him, and he can even take the opportunity to raise funds in the stock market in the future, after all, the benefits of listing must be great, otherwise, most of the world's top 500 companies will not be listed.

Only the company with great potential is not in a hurry to go public, such as Midea, Red Bull, etc., Wharf, the potential is like that, listing or delisting is the same.

Xu Jinhong thought for a while and said: "If I were Niu Bijian, at this time, selling the shares of Wharf in my hand, as well as the two buildings, must be in urgent need of money in some way, is it because there is a problem with Jardine's overseas business?" ”

"Not necessarily, Jardine Matheson's overseas business has long had problems, they have been selling overseas business, there is no reason to need to sell Hong Kong buildings, you know, Jardine Matheson is obsessed with the building in Central, there is no big crisis, they will not sell the building." Zhou Jiayang on the side said.

"When we bought Wharf before, Jardine Matheson also wanted to sell the Central Building, but there was too little time for them to find a buyer, and only the crisis of the forced takeover of Wharf could make Jardine sell the Central Building," Hui said. ”

"That is probably a lesson from the Wharf incident, it seems that Jardine Matheson is also going to report to Hongkong Land, otherwise, Hongkong Land will have another problem, and it will not become a global joke." Chen Zhiwen said lightly.

"Are they ready to increase their stake in Hongkong Land? This is also said in the past, and it is this kind of thing that can allow Jardine to sell the Central Building, but in this way, the 14.2% of Hongkong Land shares that we will own in our hands may also be diluted somewhat, and I originally wanted to reach 16% before the end of the year, so that I can become a director of Hongkong Land. Xu Jinhong frowned and said.

"If you can't reach it, you can't reach it, and I'm not ready to become a director of Hongkong Land, if I really want to announce this matter, I'm afraid Jardine Matheson will fight with me." Chen Zhiwen shrugged his shoulders and said indifferently: "Jardine Baodi is also a normal behavior, so don't worry about him for the time being." ”

Hongkong Land's current market value is close to 6 billion Hong Kong dollars, even if Jardine Matheson does not have much stake in Hongkong Land, he prepared for a long time in advance, slowly acquired, plus borrowed Wharf to release harmful news from Hongkong Land when it was acquired, so he took the opportunity to acquire so much. Nearly 800 million Hong Kong dollars were also spent before and after, and half of Midea's overseas capital reserves were spent.

If the acquisition of Wharf does not go well, then this is a useful chess piece, but since it is not used, it is better to continue to be silent.

And if Jardine Matheson really increases its holdings of Hongkong shares, it will also dilute the equity in the hands of other shareholders, and under one positive and one negative, Jardine Matheson's control over Hongkong Land can be said to be stronger.

This can be regarded as normal behavior, after all, Wharf has learned from the past, if Jardine Matheson is stupid and doesn't care about Land, then it is not worthy of being the first consortium in Hong Kong.

In later generations, Hongkong Land declined, and Wharf became one of the top ten consortia in Hong Kong under the long-term management of Bao Yugang's son-in-law, and the scale may be stronger than Hongkong Land, but in the 70s, the current Wharf is much worse than Hongkong Land, Wharf was robbed, and the loss of Jardine Matheson is not very large.

For Hongkong Land, as long as it is Chinese, no one is not tempted, even if there is a high-tech industry, but Hongkong Land's 20 or so buildings in Hong Kong (there are now, there are not so many in the 21st century), just the cost of rent collection, can exceed some of the world's top 500.

However, he can't eat such a big fat now, and he needs to continue to wait, and when the real estate crisis in the 80s breaks out, he may have his own opportunities.

"Do we need to continue to acquire Hongkong shares?" Xu Jinhong asked, after the acquisition of Wharf, Galaxy Group is still using its own and Midea funds to acquire Hongkong Land shares, but the speed is very slow, so slow that the market is unlikely to find abnormalities, this is a merger and acquisition that has been laid out for several years, the same as that of Wharf back then.

"Go on, just stay undetected, and in addition, prepare the shares of Hongkong Land, I need to pledge these shares." Chen Zhiwen thought for a while and said, it is now the middle of the year, and it has not been half a year since the price of gold began to soar, and all other aspects of the funds have begun to be withdrawn, unless it is an investment that affects the future strategic plan, such as the investment in the research and development of handheld consoles and home game consoles, and other funds are ready to participate in this feast.

"Pledge?" Xu Jinhong said: "Chen Sheng, once we pledge, we may not be able to hide the news of our holdings of Hongkong shares, unless we find an overseas bank." ”

"Overseas banks may not necessarily recognize Hongkong Land's stocks, and even if they do, they will not lend a lot of money." Chen Zhiwen said: "Can we find a bank that has a bad relationship with Jardine Matheson HSBC? ”

"You mean Standard Chartered?" Xu Jinhong immediately knew which one it was.

"Let's arrange a meeting with the charter king first." Chen Zhiwen said.

"Okay." Xu Jinhong agreed.

In the presidential suite of the Hilton Hotel, Chen Zhiwen met Bao Yugang for the first time in private.

The reason why it was the first time in private was actually because the two had also met in some public places, after all, Hong Kong is so big, and the Hong Kong government, chambers of commerce, or some Chinese billionaires will often organize gatherings, which can be regarded as a way to alleviate the contradictions between all parties.

Bao Yugang's main business is shipping, and there is little contradiction with local business giants, Chen Zhiwen's main business is actually the same, although there are also real estate companies, but Hong Kong can be worthy of making him a "contradictory", and there are only a few large real estate British-funded foreign firms, the current Chinese real estate company, for the time being, is not counted, besides, he does not send people to participate in the Hong Kong government's auctions, and it is difficult to have contradictions.

Therefore, it is relatively rare for the two of them to participate in this kind of gathering, and they have met twice in the past few years, but because there is no intersection in business, everyone only knows each other in business.

But this time, of course, it's different.

"Bao Sheng, I haven't seen you for a long time, don't come unharmed." Chen Zhiwen waited at the hotel early, and after Bao Yugang came, he got up and shook hands and welcomed.

"Chen Sheng, I haven't seen you for a long time, but you have set off a big firecracker in Hong Kong." Bao Yugang said with a smile: "When Li Jiacheng acquired Wharf, in fact, I was not very optimistic, because his background was still a little worse, and things were the same as I expected, but then I heard that you made a move on Wharf, I was still in Egypt at the time, and after hearing this, I knew that Jardine Matheson was going to lose, and it was as I expected." ”

"British capital has held the wealth of Hong Kong for so many years, it should be spit out, I am only taking the first step, and there will be more similar things in the future." Chen Zhiwen said with a light smile that in the history of Hong Kong business, the 80s was a decade of the handover of business dominance by Chinese and British capital, and the most fundamental reason is the fundamental logic of "rich but three generations".

"So, Chen Sheng still has prey that he is optimistic about?" Bao Yugang asked with a smile.

"Not in the short term." Chen Zhiwen shook his head and said, the golden opportunity is coming, and at the same time, Hong Kong's land prices have begun to go crazy, at this time, if the takeover war is launched, the stock price may be able to turn the sky, and it is not cost-effective at all, unless it is a negotiated acquisition.

"Haha, understood." Bao Yugang naturally understands the meaning of "short-term".

Chen Zhiwen asked again: "Bao Sheng, what you think should be the same as me, you want to buy a British-funded company, right?" ”

"There's an idea, but there's no suitable object at the moment." Bao Yugang shook his head and said: "Many British-funded companies are very high-quality, but there is no way to start, Chen Sheng acquired Hutchison back then because Hutchison's losses were too serious at that time, and Wharf was able to succeed, but also because Wharf had diluted his own shares a lot, otherwise, even Chen Sheng, it would be difficult to succeed, right?" ”

(End of chapter)