KMB is also ranked in the top 100 listed companies in Hong Kong, and in the eyes of many people, it is already a very large company, with two or three thousand employees alone, but for Hong Kong's top business giants, it is just a few words of effort.

"Let's have some coffee." Chen Zhiwen signaled, and the assistant next to him quickly went out to prepare.

"How's the preparation for HK Electric's acquisition?" Chen Zhiwen asked again.

When the meeting was just held, the people who came were not only Zhou Jiayang, Xu Jinhong and others, but also more than a dozen vice presidents of several companies, etc., the acquisition of a small company like Kowloon Bus is itself nine out of ten, and there are actually a few people who know within the company, but HK Electric is different, this is one of the top ten listed companies in Hong Kong, and its acquisition is absolutely confidential, only the top managers of Galaxy and Hutchison and the trading team directly under them know, and the latter all signed a very strict confidentiality agreement. and the kind of high salary, so high that they don't go home once a year.

"During this time, we have been using the oil crisis to manipulate public opinion and prevent the Hong Kong government from agreeing to the demands of the two power companies to raise the price of electricity in Hong Kong, and HK Electric's share price has been in a depressed state, and we now have almost 20% of the shares in our hands." Zhou Jiayang replied.

"That's okay, continue to acquire, and wait until it's almost 30%, and then we will announce the acquisition plan." Chen Zhiwen nodded and said that the market value of HK Electric is as high as more than 3 billion Hong Kong dollars, which is not at the same level as Kowloon Bus, even if the funds are sufficient, it is much more difficult to secretly acquire.

"But now there's a problem." Zhou Jiayang said: "I bought a senior executive of HK Electric, and learned that HK Electric is ready to pack all the land in its hands, and then form a joint venture with Cheung Kong to develop these plots together, it is said that the requirements of the two sides are very different now, but I think this is a very dangerous thing, with Li Jiacheng's ability, if it really happens, then even if we buy HK Electric, we can only cooperate with the old Li Jiacheng." ”

"Li Jiacheng? This ability is really strong enough. Chen Zhiwen nodded and said, although he snatched the Hutchison that would have belonged to him, but the ability of others has always existed, and in the golden age of the rapid explosion of the real estate market, other opportunities can also make Li Jiacheng rise.

"Yes, Li Ka Shing Guang cooperated with the Swire group to develop several plots of land last year, and it is said that he has earned hundreds of millions of Hong Kong dollars, and Cheung Kong has now become the largest property holding company in Hong Kong." Zhou Jiayang said.

"The biggest?" Chen Zhiwen asked curiously, although Li Jiacheng is indeed very strong, it should not be strong enough to be this point, right? Hongkong Land's status is not comparable to the current Hutchison + Galaxy Real Estate + Wharf.

"The area is the largest, Li Jiacheng has a large number of land in many remote places, such as Yuen Long, Sha Tin, Sham Shui Po, and cooperates with many British-funded enterprises to develop land. Zhou Jiayang explained.

"That's not bad, the route of the countryside surrounding the city, with his development speed, sooner or later he will enter the prosperous areas of Hong Kong, plus the ability, many British capital will also look at cooperating with him." Chen Zhiwen nodded and said, I have to say that this trick is okay, Hong Kong's housing prices have been copied up by many interest groups, and most companies are sitting on the booming area to enjoy the soaring land prices, but some people are working in remote places, because they know that many people have to evacuate from the city center, which is cheaper for these people.

The rise of Chinese capital in Hong Kong is actually to seize this opportunity, otherwise in the early stage, how many people are qualified to compete with several major British-funded groups on Hong Kong Island or Tsim Sha Tsui?

"Chen Sheng, what should we do then? If we launch a takeover war in advance, then our cost will be higher, but if it is late, I am afraid that Li Jiacheng will reach an agreement with HK Electric, and it will be troublesome. Zhou Jiayang analyzed.

"Then don't wait, just like Kowloon Bus, go straight to the public offer." Chen Zhiwen nodded and said: "The acquisition has reached 34.9%, so we will not trigger the acquisition invitation first, and then we will talk to the senior management of HK Electric. ”

In order to protect British capital, the Hong Kong government has reduced the acquisition ratio of 50% to 35% that triggers the takeover offer, which is a change that once led to the fact that as long as 49.9% of the shares were received, the entire company could be absolutely and directly controlled, and now 34.9% is not enough, at most it will get a veto, and in the case of the original shareholders or management not cooperating, if you want to completely obtain the company's management rights, you must go through the shareholders' meeting, and the most troublesome thing about the shareholders' meeting is that it is difficult to raise everyone, and it is difficult to find 15% among the people who come The management teams of several large British-owned companies, in particular, have been in business for decades, and their relationships have long permeated most of the company's stakeholders.

Although it cannot be said that it will never succeed, but the change of this law has made the probability of success of the acquirer much lower, and in the later 84 years and 87 years, the Chinese giants wanted to acquire the land many times, but they were trapped by this article and finally had to give up.

But this trick has little effect on Chen Zhiwen, several acquisitions in recent years, he deliberately left a few companies not to be privatized, just to prove to Hong Kong investors that the company he acquired has unlimited future prospects, such as Taohua Datong, in the two years of being acquired, because a hot sauce product has sold well overseas, if the market value has quadrupled, it is much higher than the land price in Hong Kong, and the same is true of Wharf, the market value is as high as 4 billion Hong Kong dollars, and the people who voted for Chen Zhiwen to become the owner of Wharf, But they all get a certain reward.

The reason why he did this was for the convenience of future acquisitions, such as HK Electric and the land that made him even more popular.

"Okay, then I'll announce the news in the next year." Zhou Jiayang nodded and said, if the acquisition of HK Electric is successful, then the comprehensive strength of their alliance may be able to surpass that of the Jardine Matheson.

"Okay." Chen Zhiwen nodded and said: "But leave you here, HK Electric is just one of the things, and the other thing is to discuss the future Galaxy and how Hutchison should develop." ”

"Chen Sheng, please speak." Zhou Jiayang and Xu Jinhong immediately became concentrated.

"As you know, I raised funds from Hong Kong more than a year ago to invest in a good project, and now I have obtained good returns, so I will return you twice the funds you gave me at the beginning, so such a large amount of money needs to have a suitable investment direction." Chen Zhiwen smiled and said that no one in Hong Kong knew about the speculation of gold, including his parents.

"If there is so much money, it is really not suitable to invest in the current real estate market, the bubble is too big, the acquisition of large property holdings is not time, development property sales, this capital is too much." Zhou Jiayang thought for a while and said, Hutchison Ke scraped together 600 million US dollars to Chen Zhiwen, and signed a lot of debts for this, and most of the profits last year were used to pay off debts. Now if it is doubled, it is close to $1.2 billion in funds.

This fund is not absolutely intolerable in today's Hong Kong real estate market, but since it is real estate, it must be desperately using other people's money, which is equivalent to the principle of financial leverage, and 1.2 billion US dollars and then leverage, it is too much, even if you want to invest in Hong Kong real estate companies, 100 million US dollars of leverage, you can drive several super-large projects.

"So it's time to start Hutchison's business." Chen Zhiwen smiled and said: "I hope that Hutchison will be able to develop in several directions in the future, the first is the existing advantage, the port business. ”

"As for the port, the Hong Kong government has no intention of expanding the Kwai Chung Terminal recently, there is no opportunity for Hong Kong, if you want to expand, you can only choose overseas, we are going to acquire ports in Europe and the United States?" Zhou Jiayang asked.

"It's not Europe and the United States, it's the mainland." Chen Zhiwen pointed to a world map on the table and said. Although I don't know whether the future ports of Europe and the United States can make money, Chen Zhiwen knows that the next few years will be a nightmare for the shipping market.

On the contrary, the current country, but a hundred wastes to be revived, there are not many ports, there is not very good, not in line with modern marine transportation at all, and the country has been short of funds in the past 20 years, this is a good opportunity for their own investment, although now the export of the mainland is very low, I am afraid that except for a few large cities, there is no need for any large ports, but they first rely on the number to win, each quantity can occupy a position.

"Chen Sheng, the current country should not allow investment in ports, right?" Zhou Jiayang said.

"There is no law that does not allow it, it depends on whether there is such an opportunity in the future, as long as the country wants to develop the economy, the port is necessary, especially the export of industrial products, Guangdong Province can also rely on the Hong Kong port, but other places can not. It's a long-term goal, and I don't care if it will work out this year or next year, so what you have to do now is to send some people who know about the ports to find suitable locations in some coastal cities in the mainland, and then the group or I will come forward to talk to the domestic government about these things. Chen Zhiwen said.

You know, the port is not a cabbage, not where you want to build it, many places may not find a suitable port for hundreds of kilometers of coastline, such as Shanghai in the later generations, there is no suitable deep-water port, and finally from Zhejiang to a suitable location.

And Hutchison plus some of the funds that can be transferred back from the United States in the future, the scale is so large, at least not inferior to the general Fortune 500, this kind of large-scale company, it is unlikely that it will be the same as before, has been looking for a way to make money quickly, when the plate is too big, it is impossible to develop rapidly, and more importantly, invest in long-term projects with a large number of stable income.

Of course, there is quick money to make, and of course you can't miss it, and when you earn fast money, you can have more capital to invest in various big projects.

"Okay, now Hong Kong people can go directly to the mainland, and after the year, I will arrange for professionals in relevant fields to go to the mainland for inspection." Zhou Jiayang nodded and said.

"Hutchison's second business is retail, PARKnSHOP and RT-Mart can fully expand in Southeast Asia, or in accordance with our previous rules, we will open a joint venture with local capital giants, and some materials will be purchased locally, and those who have advantages on the Galaxy trade side will purchase from the Galaxy side, and the profits can be generously shared with the joint venture partners, but we must control the procurement side, at least Galaxy Trade will become the main supplier." Chen Zhiwen continued.

The overseas expansion of retail supermarkets, referring to the experience of countless giants in the future, basically few companies can achieve real success, American supermarkets to Europe and Asia are half-dead, European supermarkets to the Americas and Asia are serious losses, foreign management of local supermarkets, generally do not operate well, because they do not understand the local market at all, which is completely different from the traditional commodity, supermarkets, is a combination of tens of thousands of kinds of goods after the business, and this is not a factory, will seriously infringe on the interests of other local capital.

Rather than forcibly operating overseas, it is better to cooperate with local giants, similar to licensing, but as an authorizer, you need to have a certain degree of procurement control, plus financial supervision, but even so, the risk is very high.

"Wanwan, we now open 6 RT-Mart supermarkets, 16 PARKnSHOP supermarkets, at present, business is OK, maintenance is not a problem, Southeast Asia, our people and Malaysia's richest man Guo Henian's Kerry Group is negotiating, the current progress is not bad, it is estimated that this year will be able to sign, when the time comes, we will invest in the construction of supermarket chains in Malaysia, joint management, with the population of Malaysia, even if the economy is a little worse, the market will be several times that of Hong Kong." Zhou Jiayang said.

"Guo Henian? Okay, this guy has a good reputation. Chen Zhiwen nodded and said, at least judging from some comments in later generations, Guo Henian is really a good capitalist.

"In fact, the main reason is that Guo Henian has been slowly transferring his assets to Hong Kong over the years, which makes us feel a lot more at ease, otherwise he will not be able to run away from his investment in Hong Kong if he traps us in Southeast Asia." Zhou Jiayang said with a smile.

"This is a good idea, half of the rich people in Southeast Asia are Chinese, and many of these Chinese billionaires want to transfer some of their assets to Hong Kong, not only supermarket chains, if there are other businesses in the future, you can also give priority to these Chinese to cooperate, so that the security is much higher." Chen Zhiwen nodded and said.

In fact, except for a small number of Chinese, others may not really like Hong Kong, but in places like Southeast Asia, there are too many rich Chinese, which is somewhat similar to the Lin family's sword spectrum to ward off evil spirits, and the safety of life is generally not a big problem, but it is difficult to say about assets, therefore, there are many people who have transferred to Europe and the United States, and some have come to Hong Kong, after all, it is still a Chinese society, and many people are not used to settling in the white community.

"That's what I thought." Zhou Jiayang said with a smile.

"Then follow this line of thinking, as long as we can open up the sales channels of Galaxy Trade in Southeast Asia, then many goods will have more sales channels." Chen Zhiwen continued.

A country is very poor, does not mean that the price of goods must be very cheap, on the contrary, because there is no industry, many industrial products will be very expensive, Hong Kong, Wanwan and the future of the mainland light industry is very developed, can reduce the cost of many industrial products very low, and poor countries also have a problem is that the information gap is serious, countless people inside can not get cheap industrial products from the outside world.

Large supermarkets, in fact, is a weapon to crack this kind of poor information, the smooth operation of the supermarket, can reduce the cost to the right price, so that everyone profits, but the vested interests will suffer serious losses, therefore, it is necessary to cooperate with local powerful people, by the other party to solve these problems, and PARKnSHOP and Galaxy Trade will provide cheap materials, and finally share the profit together.

"Okay." Zhou Jiayang agreed.

"The third business is something that Hutchison has not been involved in before, and I hope Hutchison will enter the energy and minerals industry." Chen Zhiwen continued.

"Energy Minerals?" Zhou Jiayang thought for a while and said: "Our group does not have a team in this area, are we preparing to acquire from overseas?" ”

"Yes, it was acquired from overseas, otherwise it would be too wasteful for Richard's group of British ghosts to raise for nothing." Chen Zhiwen smiled and said.

It has been almost 5 years since the acquisition of Hutchison in 1975, although this group of British ghosts has been trying to prevent the Chinese from taking power, but they can't stop the trend of the times.

However, Chen Zhiwen will not unload the mill and kill the donkey, as long as these people are obedient and do their own things, he does not need to find Chinese people to replace these people, after all, Hutchison in his mind, is not only in Hong Kong or the future development of China, overseas is also a big market.

"Then does Chen Sheng have a suitable acquisition target?" Zhou Jiayang asked.

"No, you first look for and acquire a company in Europe, the United States or Australia, and then talk about the rest after this is done." Chen Zhiwen said.

The advantage of the prophet is not only in finance or some scientific and technological products, mining exploration is another big head, and the benefits are no less than the first two, but Chen Zhiwen did not have the ability to participate in it before, and now he has enough funds in his hand to enter the market to play this game.

Of course, with such a big benefit, he is not stupid and completely monopolistic, and he still understands some basic rules.

At present, he has prepared only these three items for Hutchison, and the others still need to wait until the right time to prepare, such as telecommunications, etc., which is still a little early.

"Well, the market value of this kind of company is not high, and it is generally possible to acquire a well-known exploration company in the industry for tens of millions of dollars." Zhou Jiayang said.

"Try to get it in place as early as possible." Chen Zhiwen nodded, and said: "Lao Xu, Galaxy is still mainly based on trade and real estate in Hong Kong, because you don't have a lot of talent and experience in Hutchison, in the future of domestic infrastructure, you can also participate in investment with Hutchison, in other aspects, you can also try which ones are suitable for you, and I can increase investment with results." ”

"Okay, Mr. Chen." Xu Jinhong nodded and said, a galaxy trade, in fact, the current scale is not lower than that of Hutchison, and the development prospects are better, this one is enough.

(End of chapter)