258 Morgan Stanley Investment Bank

Many retail giants entered the member warehouse supermarket, itself was also expected by Chen Zhiwen, and this kind of thing happened in the original history, but it was in the 80s, after all, Costco in the original history was not as fast as it is now, so it was discovered by many retail giants much later.

The original historical Sam's Club was first opened in 1983, and now it is 5 years earlier, and the current Wal-Mart is not as strong as it was in 1983, but there are more variables than other giants, such as Celtic, Sears, etc., but the problem should not be big, after all, even if these companies are stronger now, they will be beaten by Wal-Mart in the next five to ten years, and the probability of success in the field of membership warehousing is not high.

As long as it takes less than a year and has sufficient funds, it will definitely invest heavily to stabilize Costco's absolute hegemony in this field.

A few days later, Bernie and Pierce returned to the United States, and after registering Home Depot, Bernie came to Hong Kong again, signed a contract for a share split, and that afternoon, Chen Zhiwen injected $3 million into the joint venture's account.

Just three million US dollars, even if you can exchange 1% of the shares of Home Depot in the future, it is also earned by blood, but in order to maximize benefits and improve his influence in Asia, Chen Zhiwen still arranged a full-time team of Galaxy Trading to follow Bernie to the United States, and try to participate in the development of various new products within Home Depot as much as possible, and figure out the needs of Home Depot, because Bernie himself may not know what he needs now.

After sorting out the demand information, it will be sent to Hong Kong and then the team here will look for suitable raw material manufacturers in various parts of Asia, so that the operating costs of Home Depot can be reduced as much as possible, even if you add sea freight, many goods in Asia are much cheaper than those in the United States, which is also the fundamental reason why the United States began to deindustrialize.

The previous Chen Zhiwen's promise to Bernie is still valid, and within the scope of Bernie's favor, the people of Galaxy will directly buy a warehouse and sublease it to Home Depot at a low price, so as to ensure that the initial Home Depot will not be trapped in financial problems and can develop rapidly.

It was fast to August.

The hot weather has not affected Hong Kong's hot real estate market, and today's real estate scalpers are even more arrogant than last year, and how many people surround the sales office, just to obtain a qualification to buy a house, because in many popular communities, a house purchase qualification can be sold for thousands of Hong Kong dollars, which is comparable to the income of half a year of work.

The madness of real estate has led to many people with a little vision and intelligence to give up their jobs, and even countless factory owners have "seen it".

The sales office of Whampoa Garden is also surrounded by many people at the moment, and dense people are lining up in the restrictions of the S-shaped iron frame.

Not far away, in the shade of a tree, Chen Zhiwen asked while drinking Bingxuebi, "How much is the house price in Huangpu Garden now?" ”

"A good house type, almost 600 Hong Kong dollars a foot, almost more than 500, some tail plates, will be sold to Midea, Red Bull, Galaxy or Hutchison insiders at a discount, the price is about 400-450, but the number is very small." Zhou Jiayang replied almost without thinking, now Huangpu Garden is the biggest source of income for Hutchison, except for the port, retail and other businesses, everything else is making way for this large community, and he is naturally very aware of the price.

"It's almost 2.5 times more than three years ago." Chen Zhiwen nodded and said that in 75 years, the real estate market had just recovered from the crisis, and at that time, Taikoo Shing on Hong Kong Island would buy two or three hundred Hong Kong dollars a foot, and Hung Hom was cheaper, and now it has doubled or tripled.

"With the current trend, it is estimated that it will continue to rise." Zhou Jiayang said.

"Don't worry about it in the future, according to the previous plan, all these two months will be sold, don't these scalpers like to hoard houses? and give them all. Chen Zhiwen said.

The existence of scalpers, in fact, has been driving the skyrocketing of housing prices, because of their existence, many people just need to buy a house, resulting in a rise in prices, and a rise, other people who want to buy a house or want to speculate want to buy a house even more, scalpers also profit from it, real estate companies can also quickly cash out or make more money, after the house price rises, the Hong Kong government can also sell land at a higher price, and banks can also lend more money.

After a cycle, almost everyone makes money, and even those who buy houses make a profit because the house price rises again after buying.

Bubble wealth was formed, and in the process, everyone "made money". Only those who have not yet bought it, seeing that the house price is rising every month, will become more urgent, so they will also rush in, which has led to the increase in the price of the house.

"Okay, I will pre-sell all the houses within two months." Zhou Jiayang agreed.

"Huangpu Plaza, it's about to open, right?" Chen Zhiwen asked again, Huangpu Plaza, is a large commercial plaza near the sea in front of Huangpu Garden, similar to the relationship between Wanda Plaza in the later generations, there are several office buildings above the square, respectively, commercial office buildings and hotels, which can be regarded as a supplement to the shopping mall.

"It opens on October 10th, and we're ready for that." Zhou Jiayang said.

"The Harbour City side will open in the first half of next year, and there may be a certain amount of competition at that time, so the business of Huangpu Plaza will try to be mainly civilian, take the cost-effective route, and attract Hong Kong locals. Chen Zhiwen thought for a while and said.

In terms of commercial attractiveness, there is no one in Hong Kong that can be compared with Harbour City, in the original history, the retail sales of Harbour City were as high as 7-10% of the whole of Hong Kong, which can include the total data of various retail supermarket shopping, and the main route taken by Harbour City is the luxury route, even if there are non-luxury goods inside, the price is higher than other places, and the main earners are overseas tourists and local wealthy.

The former Central, to a certain extent, could not compete with Harbour City, let alone other places, and after the opening of Harbour City, all other businesses had to learn to change.

"We are close to the residential area, except for the first floor to sell gold cosmetics, the others are actually not expensive." Zhou Jiayang said.

"Okay, just pay attention to it later." Chen Zhiwen nodded and said.

In August, even if it was the node of most of Chen Zhiwen's real estate companies, several real estate projects of Galaxy Real Estate also reached the pre-sale time, together with Daddy's Hengyi Real Estate, the properties of Central and Admiralty subway stations were pre-sold on the 17th, and 9% were sold within a week, with a total amount of up to 1.07 billion Hong Kong dollars.

According to the original agreement with the MTR Corporation, Hengyi Real Estate made a net profit of HK$190 million after deducting construction costs, bank interest, etc.

All aspects of the capital have begun to flow back to their own companies, even Hengyi has been in the private sector in the name of investment funds to attract capital raising companies, but also increased the interest of 2-4%, intending to absorb more funds, all for the upcoming financial market feast.

Soon in September, Chen Zhiwen chartered a Cathay Pacific Boeing 737 and went to New York, USA, with several subordinates who are proficient in international finance and legal affairs.

Henry Morgan personally came to the airport to pick up the plane, and after seeing Chen Zhiwen, he said with a smile: "Eric, welcome to New York again, I have prepared a grand party for you, an international auto show is being held in New York City recently, there are a large number of models, I have prepared enough for you." ”

"What does it mean to have enough quantity?" Chen Zhiwen asked curiously.

"How about you stay here for a few days, and I'll prepare three times as many for you, making sure that each one is not the same? Is triple enough? Henry Morgan said with a smile.

"You can participate in the party, but forget about the rest." Chen Zhiwen shook his head and said that at the end of the 70s, there were already a variety of mysterious diseases in the United States, and many young people inexplicably died of diseases that only the elderly without immunity can get, and there was a chain of infection.

At present, relevant scientists are not sure what the situation is, but Chen Zhiwen knows what this is, there has been no movement in the past few years, Chen Zhiwen still doesn't care, but recently many media in the United States are discussing, although the probability of encountering it is indeed not high, but it is better to restrain a little, just play in Asia.

"Isn't that your style?" Henry Morgan was a little strange, but he didn't think much of it, and said, "Let's go and discuss business first." ”

The prepared convoy sent the group to the World Trade Tower, one of the tallest buildings in New York City.

"You're working in here?" Chen Zhiwen looked at the two towering buildings in front of him and asked.

"Yes, a lot of banks in the U.S. have moved here, JPMorgan Chase, Citigroup, Goldman Sachs have branches here, and a lot of international law firms are also working here." Henry Morgan said with a smile.

"Okay, let's go inside." Chen Zhiwen nodded, anyway, 01 is still early.

The group came to the 60th floor of the South Block of the World Trade Tower, where a corner was rented by Henry Morgan, although it was only a corner, but the annual rent was as high as one million dollars, and the scenery was also very good, and the Statue of Liberty and the sea off New York could be seen.

"Eric, this is a gift from you, as a thank you for our many years of cooperation." Henry Morgan suddenly came over with a suitcase.

"It's not going to be gold, is it?" Chen Zhiwen looked at the briefcase-sized box and said with a smile.

"What is gold, it's worth a lot more than gold." Henry Morgan smiled, then opened it, it was a key, and then he took it out and said: "This is a luxury apartment I bought near Central Park, the area is almost 3500 square feet, the scenery is also very good, it has been renovated for more than half a year, and no one has ever lived in it, if you come to New York in the future, you can live here." ”

"A house? A house near Central Park? Chen Zhiwen was a little surprised, but it was nothing if he thought about it, as the only distributor of Midea arcade machines in the United States, even if he was squeezed by himself many times, it was not a problem to have a net profit of 10 million US dollars a year, after all, he could also press the dealers below.

"Actually, it's nothing, this house is just a drop in the bucket for you, Eric, I also consider that every time you come to New York, you need to stay in a hotel, it's not as good as a house of your own, and the house near Central Park will never depreciate." Henry Morgan said.

"Okay, I'll take it." Chen Zhiwen is not hypocritical, just a few million dollars.

"Okay." Henry Morgan smiled even more and said: "I have sent the sample arcade of Pac-Man to some bars in New York, Los Angeles, and Chicago for testing, and the effect is not bad, but it feels a little worse than "Magic Cube" and "Space Invaders". ”

"This is normal, "Pac-Man" is not the kind of intense or brain-burning game, it belongs to the relaxed type, even if this kind of game is fun, it will not have a strong appeal to many people, besides, in the past few years, everyone has played a lot of arcade games, and there will always be a little tired." Chen Zhiwen said indifferently.

Even if you play free home game consoles, or mobile phone stand-alone games in later generations, people will always get tired of playing too much, no matter how fun they are, let alone spending money.

"Pac-Man", in fact, is more suitable for a home game console, because it can consume a lot of time, including the previous three games, but from the perspective of maximizing benefits, of course, it is to go to the arcade first, and then to the family game console when the arcade machine is finished, even if the future Midea family game console is successfully developed, and then the release order of the game will most likely be like this.

"Is there no other way to do that?" Henry Morgan asked.

"It's not nothing, theoretically, "Pac-Man" is more suitable for women, you can do a follow-up survey to see if women in the bar will like to play a little more, in addition, you can consider sending "Pac-Man" to casinos in the United States, many casinos have male protagonists, some women are more boring, and they can also play arcade games." Chen Zhiwen thought for a while and said.

In fact, even in later generations, the revenue of "Pac-Man" on the arcade machine was not as good as that of "Space Invaders", but after it was put on the home game console, it became popular in the United States.

At present, Midea's Hong Kong team is also in the United States, and the local team is working hard to develop the first generation of Midea's home game console, which is only developed and optimized for Midea's four games to ensure the smoothest fluency and lowest cost, which is much simpler than Atari's game engine.

When this console comes out, Nammy can enter a new era.

"Okay, I'll try." Henry Morgan nodded and said.

"Actually, the main purpose of my visit to New York this time is not to learn about the arcade machine." Chen Zhiwen paused and said, "I want to work with Morgan Stanley once. ”

"Morgan Stanley? Are you ready to make a financial investment? Henry Morgan asked in surprise.

"Yes, I want to invest in a future." Chen Zhiwen nodded and said.

In 1929, an unprecedented financial crisis broke out in the United States and the world, and the root cause was Wall Street.

It was also at that time that the Morgan Bank consortium was divided into Morgan Stanley and JPMorgan Chase, the former was an investment, the latter was a business, but the business was separated, but the equity was not separated, and like the Rockefeller family, it still controlled a large number of shares in oil companies.

"Which future?" Henry Morgan asked.

"Henry, can you represent Morgan Stanley?" Chen Zhiwen asked with a smile.

"Well, no, I'm just asking." Henry Morgan said.

"Actually, it's nothing to tell you, I'm going to buy gold futures." Chen Zhiwen said.

It is impossible for all the elites in this world, including Wall Street, to know that by the beginning of 1980, the price of gold would reach $810 an ounce, and the current price is only about 210, but many people are also optimistic about gold, and there are many people who buy gold futures, and it is nothing to tell Henry Morgan.

"Okay, I know, Morgan Stanley should have this business, I'll find you a professional tomorrow." Henry Morgan really didn't care at all, and agreed.

(End of chapter)