286 Invested in Guangzhou-Shenzhen Expressway
"Bao Sheng, I have already won HK Electric here, when are you going to do it to CLP?" Chen Zhiwen asked with a smile.
"CLP Power is different from HK Electric, it has a controlling family, for more than a year, even if we use the oil crisis and speculation of the third power plant to suppress CLP stocks, it only allows me to buy about 15% of the shares, to be conservative, I still need a little more time to prepare for this matter, and you have just acquired HK Electric, and I am going to buy CLP again, I am afraid that the Hong Kong government will really interfere with it regardless of face." Bao Yugang shook his head with a smile and said.
"It makes sense for you to say that, the current market is indeed very sensitive, but there is also an advantage, according to the regulations of the Hong Kong government, the power group is not allowed to be controlled by a capital, I acquired HK Electric, then all my assets can no longer acquire CLP, the Kadoorie family is estimated to have no pressure, Bao Sheng wants to land, in fact, not many people know about this matter, right?" Chen Zhiwen said.
"It's true that I'm always selling old ships, which is a normal business practice, and besides, even if I'm not optimistic about the shipping industry, they won't think that I'm going to transfer all my assets to Hong Kong land." Bao Yugang nodded and said.
"Okay, then you decide when to tell me before you start, I can give you a certain amount of financial assistance, but I can't interfere, as for the HSBC side you are worried about, I will block it for you, but it can only be within two years, and it will be difficult to say after two years." Chen Zhiwen thought for a while and said.
Threatening HSBC with SITC is also time-sensitive, and if the negotiations are not right within two years, HSBC may abandon this bank and choose another, which would make little sense.
"Within two years? Well, I guess we will start at the end of this year or early next year, depending on when we can acquire similar shares. Bao Yugang said.
"At the end of the year? Then I can also help you, I will release the news of HK Electric's entry into the Kowloon Peninsula, so that the market will definitely not be optimistic about CLP's shares, and if the stock price is lowered, you can achieve your goal earlier. Chen Zhiwen said.
Hong Kong's two major power groups, although each monopolizes its own scope, but in fact is not restricted by the Hong Kong government's business scope, that is to say, CLP Power is to send electricity to Hong Kong Island, Hong Kong Electric can also send electricity to the Kowloon Peninsula and the New Territories, but the transmission of electricity also involves very high cost of power infrastructure, therefore, anywhere in the world will have a certain regional monopoly.
The same is true of Hong Kong Electric and CLP, the two tacitly divide labor, the Chu River and the Han border, on one side of Hong Kong Island, on the other side of Kowloon.
"Isn't that a loss?" Bao Yugang said incomprehensibly: "Although the fake news will not really be operated, it must be feasible to convince others, right?" ”
"Of course, it is impossible to fully compete with CLP in other people's territory, but if I just pull a high-voltage line to the Midea Industrial Park, the input cost is not high, with the power consumption of the Midea Industrial Park, it is still cost-effective to use my own cheap electricity, and then I can slowly penetrate into the nearby industrial zone with this as the center." Chen Zhiwen said with a smile: "Don't worry, Bao Sheng, I won't do this, and you don't have to worry about it really happening, which will affect your future CLP business." ”
This idea is actually feasible, the power consumption of the Midea Industrial Park is very large, coupled with a bunch of nearby industrial parks to provide parts and components related supporting industries, the Root Line is absolutely cost-effective in the past, but unfortunately, Hong Kong's industry has no future, and the next ten years will basically be transferred to the mainland step by step.
"In that case, it is indeed possible." Bao Yugang nodded and said, "Then thank you Chen Sheng, by the way, we said before that we held shares in each other's power companies, so does HK Electric need me to take a stake now?" ”
"Let's wait, wait until Bao Sheng buys CLP, and then we will buy each other's shares together, otherwise, if you become one of the major shareholders of HK Electric, and then buy CLP, it will give the Hong Kong government an excuse to intervene directly." Chen Zhiwen thought for a while and said.
"Yes." Bao Yugang nodded and said.
"Then it's settled, when does Bao Sheng need me to do it?" Chen Zhiwen asked.
"Why don't you wait until you come back from the mainland?" Bao Yugang said.
"Okay, then let's wait until we return from the mainland." Chen Zhiwen nodded and said: A few years ago, President Liang of the Xinhua News Agency once again extended an invitation to some representatives of Hong Kong's business circles to go to the mainland for the purpose of some economic cooperation, and Chen Zhiwen also agreed.
It's set for late March, which is just over a week away.
Whether it is Hutchison, Wharf or HK Electric, the acquisition of the three giant companies has not caused a bloody storm in the Hong Kong stock market, far less spectacular and large-scale than the grandeur and scale of Hongkong Land's milk.
However, smart people know that for the acquirer, this is the most efficient and lowest-cost way, and if it can be done in this way, it can be regarded as the most successful acquisition, otherwise, it will really kill the earth-shattering in the stock market, and it will cost a billion funds at every turn, even if it is successful, it will be a loss to grandma's house.
For HK Electric, in fact, there is no change, except for the financial arrangements for Galaxy to move in, nothing else has been moved, and all the management rights are still owned by the original team, but some of HK Electric's land has entered the rhythm of preparing for rapid development, and several groups of Galaxy Real Estate teams have begun to investigate.
According to Chen Zhiwen, Hong Kong's real estate bull market has not been around for two years, and now it is the last wave of opportunities.
On March 15, old friend Hu Yingxiang came to the Galaxy Building.
"Hu Sheng, how do you have time to come to me." After meeting Hu Yingxiang, Chen Zhiwen said with a smile that this infrastructure maniac is now very famous in Hong Kong, and he is the head of the five tigers of real estate, and another point is that he wants to invest in domestic infrastructure, and the capital is very large, and he has become a frequent guest in many newspapers in Hong Kong.
"I'm short of funds, so I'm coming to you." Hu Yingxiang said with a smile: "I plan to invest in the construction of a highway from eastern Guangdong to Shenhai City in China, and the total investment is estimated to be almost 1 billion US dollars, are you interested?" ”
"Yes, I voted." Chen Zhiwen agreed without the slightest hesitation.
Such a refreshing answer made Hu Yingxiang, who was about to come up with a lot of data to convince people, a little surprised, and asked: "Chen Sheng doesn't listen to the investment plan?" ”
"Of course you have to listen, but it's not me, I don't understand this kind of thing, I'll just let a team go to your company in a few days." Chen Zhiwen shrugged and said.
Not to build a house in Hong Kong, he can probably calculate the profit according to the future housing prices, and the expressway is much more complicated, and the professionalism is far beyond the normal real estate business, besides, as a future person, he knows that the Guangzhou-Shenzhen Expressway is the busiest highway in China in the future, how can it be a loss in terms of income.
"Okay, I'll arrange for someone to send over the specific financial investment data in a few days." Hu Yingxiang said that there is a lot of information about this kind of big project, but it is not a contract that can be taken casually.
"There's one thing, your high-speed company, it's 4 lanes, right?" Chen Zhiwen asked.
"yes, 4 lanes, what's wrong?" Hu Ying asked instead.
"Guangdong and the deep sea, I estimate that it will be a big city in the future, plus Hong Kong is expected to invest a lot in eastern Guangdong Province in the future, and I am afraid that the 4 lanes will not be enough in the future." Chen Zhiwen said.
"You mean build 6 lanes? But in this way, the cost of investment will have to rise by dozens of points, not only will we have to invest more money, but it will be more difficult for the bank to agree to the mortgage. Hu Yingxiang frowned and said: "And in a short period of time, the possibility of this situation should be very low, right?" ”
"If you take into account the capital investment, then first take the land that can be expanded into 6 or 8 lanes, and then wait until the future when there is a need to expand, the current land is cheap, but if the highway will drive the economy, then it will be difficult to requisition land, and the cost will increase significantly." Chen Zhiwen suggested.
The speed of economic development in the hinterland in later generations is impossible for any prophet in the world to predict, and the highways built in the 80s and 90s are all main roads, but they will be expanded after the new century.
"That's right, the land isn't worth a lot of money anyway." Hu Yingxiang nodded and said.
(End of chapter)