313 The investment direction of Taishan Club
"Investing in the Mainland? Chen Sheng is talking about the Beijing-Tianjin-Tangzhou Expressway project? Guo Henian barely thought about it, so he asked directly.
One of the purposes of this visit to Hong Kong is to carry out in-depth cooperation with Chen Zhiwen's retail group, and naturally Chen Zhiwen has conducted a certain investigation, especially the main business and investment, which are very influential investment projects, and it is easy to find out that in the mainland, the investment of Chen Zhiwen that he knows is mainly in several large electrical factories in Shekou plus several joint venture factories in Yanjing City, as well as the Beijing-Tianjin-Tangzhou Expressway, which is known as the largest joint venture infrastructure cooperation project after the reopening.
The amount of this kind of investment often starts at one billion US dollars, and if Chen Zhiwen wants to bring other people in, it is very normal, which can not only reduce the amount of his own investment, but also reduce the risk, plus introduce other people's funds, and perhaps also introduce stronger financial financing channels, etc.
"No, the Beijing-Tianjin-Tang Expressway project does not need to introduce foreign capital, I'm talking about other aspects, Bao Yugang and Hu Yingxiang, Guo Sheng should know each other, right?" Chen Zhiwen asked with a smile.
Although the investment may cost more than one billion US dollars, as long as the bank loan is used, it is enough to actually make an achievement, plus it is a joint venture, he only has 49% of the shares, and the project takes a long time, so there is no pressure on the funds at all.
The only problem is confidence, as long as you have confidence in the project, you can take out a loan with your eyes closed, of course, the credit line is also a cost, but for Chen Zhiwen, this is nothing, Hu Yingxiang, who invested in Guangzhou-Shenzhen Expressway, has been trying to attract more people to invest, because he needs everyone to share his pressure.
"Bao Yugang is more familiar, Hu Yingxiang has also seen it twice, but he is not familiar with it, Chen Sheng's mainland investment has something to do with the two of them?" Guo Henian asked.
"Yes, the three of us have set up an organization called Taishan Club, the main purpose of which is to cooperate with everyone to invest in domestic projects, with the help of all parties' resources, connections, and vision, so as to obtain the greatest benefits, but if there are good overseas projects, they can also be together." Chen Zhiwen nodded and said, and next, he described the general situation of the Taishan Society.
"I see." Guo Henian nodded and said.
"So I hope Guo Sheng can also join the Taishan Club, so that we can invest together." Chen Zhiwen said.
"So what to invest in the country? Chen Sheng has a large number of industries, but I don't have them, my sugar industry can only be placed in Southeast Asia, which is rich in sugar, although there are such places in China, but they don't need my investment, is it to invest in infrastructure projects such as the Beijing-Tianjin-Tangzhou Expressway? Guo Henian said.
"Not really." Chen Zhiwen shook his head and said: "But since Guo Sheng has also come to Hong Kong, why don't you wait for me to meet Bao Sheng and Hu Sheng tomorrow, so that we can discuss what we can invest in China?" How is it? ”
"Alright, we'll talk about it tomorrow." Guo Henian nodded and agreed, today with Chen Zhiwen so readily set up retail cooperation in other countries in Southeast Asia, it is already a very success, although there will be many details in the future, but as long as the two bosses are settled, unless there is an irreconcilable contradiction in the back, it is a matter of time before it can be done.
And this Taishan Club, which is specifically responsible for investing in the country, is a surprise, he actually wanted to invest in the country a long time ago, but there has been no good project, the large-scale projects needed in the country, his business territory can not be involved, small, he can't look down, if you can borrow the compatriots here in Hong Kong, invest together, it is a good choice, even if it is infrastructure, if there are many people, the pressure of sharing will be much smaller, after all, the whole global Chinese billionaires, Few can afford to invest more than 100 kilometers of highways.
"Okay, then I'll make an appointment and contact Guo Sheng when the time comes." Chen Zhiwen nodded and said.
Day 2, Hilton:
Bao Yugang and Hu Yingxiang came here in advance, and Hu Yingxiang said: "Chen Sheng, how much did you spend on this hotel property?" ”
"At the beginning, I directly acquired the Yonggao Group in the United States, which has two hotels, one is the Hilton, and the other is in Indonesia's Ba Ni Island, which cost a total of 170 million Hong Kong dollars, and the hotel in Indonesia was later sold for 50 million Hong Kong dollars, which is 120 million Hong Kong dollars." Chen Zhiwen thought about it and said.
"It is worthy of Chen Sheng, this hotel, now the underground land, is worth more than one billion Hong Kong dollars, and such land is not something that can be bought with money in Central, Hong Kong." Hu Yingxiang said with emotion.
"Haha, Hu Sheng, Chen Sheng paid tens of millions of Hong Kong dollars by himself back then, and the others are bank loans, and this yield has to be tripled." Bao Yugang said with a smile, but he was very uncomfortable in his heart, a billion Hong Kong dollars? His fleet can't earn so much for a year of hard work at sea, but Hong Kong real estate developers, who don't do anything, bought a piece of land a few years ago, and now they earn it, and they don't need to worry about accidents, they don't need to think about international tax issues, etc., etc. This is completely a dimensionality reduction strike, although there are also problems such as vision, but in the past few years, it is basically a big profit, the difference is that it earns a lot and a lot, which is much stronger than running shipping.
"I won the prize, but I just thought it might be a rare opportunity to get the land in Central, so I started it." Chen Zhiwen smiled and said.
At present, he has a total of 4 buildings in Central, one is the Hutchison Building, which is currently the headquarters of Hutchison, two were acquired from Wheelock, and the last one is the Hilton Hotel where it is now, and the first three, both in terms of location and area, are far inferior to the Hilton Hotel.
The biggest feature of the Hilton Hotel is that it is a hotel, so when it was planned in the 50s, it bought a large area of land, because the land price at that time was not expensive, and the American consortium was very angry, after all, the economic gap between the United States and Hong Kong at that time was too big, and the owners who bought this land only really wanted to do hotel business, not real estate, but in fact, the hotel has worked hard for a hundred years, and it is not comparable to the current value of the land below.
Nowadays, in a place like Central, where every inch of land is valuable, such a large area of land is very rare, and the original historical Li Jiacheng demolished the hotel on this land and built the headquarters of the Yangtze River Building.
"Chen Sheng's vision, I believe very much, since Taishan will be ready to invest in the mainland, then Chen Sheng already has an investment direction?" Hu Yingxiang asked with a smile.
"Yes, but let's wait for Guo Henian to come over and talk about it together." Chen Zhiwen said with a smile.
After a while, Guo He came, and after seeing the three of them, he said apologetically: "Sorry, I'm late for a while, the traffic jam in Hong Kong is a bit serious." ”
"It's okay, it's normal." Chen Zhiwen said with a smile: "In the past two years, Hong Kong's housing prices have risen very much, and many Hong Kong people have begun to buy cars, and the traffic is much more congested than before. ”
"I see, I haven't been to Hong Kong for two years." Guo Henian nodded and said.
"Guo Sheng, you came to Hong Kong suddenly, and you didn't come to see me, if it wasn't for Chen Sheng's invitation, I wouldn't have known that you were here." Bao Yugang said with a smile.
"Haha, of course I will visit you, but first of all, business is important, even if Chen Sheng does not hold this party, I will go to you in the next few days." Guo Henian said with a smile.
"Joke, don't care, originally I still wanted to be a middleman, let you and Chen Sheng get to know each other, but now it's convenient, I don't have to worry about it." Bao Yugang said with a laugh.
"Chen Sheng's name is also thunderous in Southeast Asia, and I have long wanted to get acquainted, and we have some cooperation in Southeast Asia, and this is also the purpose of coming to Hong Kong this time." Guo Henian said with a smile.
"Okay, since everyone has arrived, let's talk about business first, we can talk about the old at any time, my yacht is parked not far away, and when it's over, the three of you can go up and have fun." Chen Zhiwen said with a smile.
"Well, I've been boating all my life, and this is the first time I've taken this kind of luxury yacht." Bao Yugang said with a smile.
"Let's get started." Chen Zhiwen paused and said: "Taishan Club, a month ago, when I and Bao Sheng were in Yanjing City, China, we verbally reached an investment organization, this organization will not only have four of us, if there is a suitable one in the future, you can also join, all of us can be introduced, and disagree, at present, we can discuss a few of us, and when there are more people in the future, we will consider setting the rules."
Taishan will be different from the joint venture, there are no shares here, only for different projects, such as a project, I am more optimistic, then I invest half or more, you are not optimistic, you can invest less, or not invest, and vice versa, we mainly discuss, when you need more funds, you can also provide financing in the meeting, or when you need help in a certain direction, as long as you have the ability, you should also try to help, but this kind of help is not free, you still have to follow the rules of the market, but more cooperation, There can be a discount appropriately, how do you think? ”
"That's not a problem, so what are we investing in the mainland?" Guo Henian asked, these requirements are equal to nothing, very free, the ultimate goal of such an economic organization is to make a profit, only when it is profitable, can everyone be tied together, otherwise, it is purely equal to nothing.
"There are not many areas that can be invested in China at present, and a few of us, except for me, who have a little industry, everyone is mainly playing capital, so I want to start my first business in China is to build five-star hotels in large cities in China on a large scale." Chen Zhiwen said.
"A five-star hotel?" Guo Henian was stunned for a moment and asked, "Is the domestic consumption power so strong?" ”
"Of course, there are 1 billion people in China, even if one in 1,000 people has spending power, that is a million people, and these people are basically gathered in big cities, and we go there to build them, which is exactly what meets their requirements." Chen Zhiwen said.
In the mid-80s, there were more than 100,000 imported cars a year, and the number of color TVs, air conditioners, and refrigerators for household appliances was even more million.
"But even if they have the ability to spend, what they consume is RMB, even if we make money, it will be difficult to take it out, right?" Guo Henian asked again.
"Why take it out? With RMB, wouldn't it be much more convenient for us to reinvest? Chen Zhiwen said with a smile.
Many overseas investors are reluctant to invest in China, and the biggest problem is that it is difficult to get the money they earn, for example, after 2020, if you let foreign capitalists invest in India, it is not very bold, but you don't dare.
However, it is not a matter at all for Chen Zhiwen, the funds stay in the country, recycle investment, and wait until the 90s or 00s, when the central government's foreign exchange reserves are more, it can be easily released, besides, the domestic economy has really developed, why do you need to transfer the money out? There are too many projects that can be invested in the country.
"That's right." Guo Henian nodded and said, the other two also agreed.
"In fact, don't worry, the main customers of the hotels we open are overseas businessmen or tour groups, they have foreign exchange coupons, it is not difficult for us to get them, and there are tens of millions of overseas Chinese, many of them also have relatives in China, which leads to many people in China also have a large number of foreign exchange or foreign exchange coupons, and we can easily eat the consumption of these people." Chen Zhiwen continued.
In China, investing in five-star hotels in the current era will not lose money at all, because those investors who started in the 80s basically recovered the cost in six or seven years, and the rest is pure profit, because many cities need to attract foreign investment or attract foreign tourism teams, but there is no hotel, if you go to build a hotel, it is to monopolize the demand of overseas visitors, and there are many local consumers.
"Actually, I also control a lot of tourism companies in Malaysia, and if there are really any tourist attractions in the country, I can also encourage the Chinese in Malaysia to return to China." Guo Henian continued.
"That's good, and if we have the ability to do that in other countries, it's going to be very helpful for the domestic tourism industry." Chen Zhiwen nodded and said, this is Guo Henian's unique resource, no matter how Chen Zhiwen develops, it is difficult to do it, and it is impossible to have the energy to do this kind of thing, this is also the original intention of the Taishan Club, the resources of the Chinese from all sides can be used to the greatest extent, and the reverse will give everyone greater benefits.
"Then who is responsible for this matter? Chen Sheng, this is what you proposed, are you in charge of this matter? Bao Yugang asked suddenly.
"Actually, I think the more suitable candidate is Hu Sheng." Chen Zhiwen replied.
"Me?" Hu Yingxiang was stunned, he just wanted to come over and listen, but he wasn't ready to do anything.
"Yes, Hu Sheng, among the four of us, you are the best at real estate projects, and your vision is definitely the best." Chen Zhiwen said: "In fact, what we need is Hu Sheng, you are responsible for site selection, and as for the follow-up negotiations with domestic joint venture partners, etc., we can leave them to the professional manager team." ”
"Okay, then I'll try." Hu Yingxiang thought about it, but nodded and agreed, although he knew that if he really took over, it would not be so easy, but this was indeed his area of expertise. Again, the person in charge of a large project is indeed not low in many benefits.
"That's good, wait until Hu Sheng chooses the geographical location, and then we will discuss, how about it?" Chen Zhiwen said with a smile.
"Yes." Guo Henian and Bao Yugang nodded and said, both of them have missed Hong Kong's hot real estate now, I don't know how much regret I have in my heart, and now I have the opportunity to invest in the mainland with Chen Zhiwen, the most discerning Chen Zhiwen in Hong Kong, and naturally I will not give up.
"Chen Sheng, do you judge that the domestic land price will rise sharply in the future?" Hu Yingxiang asked.
"Yes. Yes, there is this judgment. Chen Zhiwen nodded and said, he naturally knows the future situation of domestic land prices, but at present, it is difficult to transfer domestic land, mainly for industrial purposes, pure capital investment, in addition to Shenhai City, other places office buildings and residences are not open at all, the only opportunity is the hotel, because the country needs hotels to entertain investors from overseas, and domestic people do not understand the design concept and business model of Western hotels, so they can only rely on overseas capital to invest, which may be the only way at present.
"If you fancy the land, although it is more cost-effective to invest in a five-star hotel, it is more profitable to invest in a five-star resort, such as by the Yangtze River, the sea or an inland lake, you can directly obtain a large area of land." Hu Yingxiang said.
"Good way." Chen Zhiwen was stunned, nodded and said, it is worthy of playing real estate for a lifetime, can think of this method, but he only thinks about building a building, draw more green areas, or a parking lot, but people directly want to build a resort, this area, but it is too big, one by one villa-type hotels, the distance between each other is still large, and then get some artificial lakes or something, then you can't directly take a large hundreds of acres of land.
"I just thought about it by chance, because there are many such hotels in Europe and the United States." Hu Yingxiang looked at the three of them looking at him with surprised eyes, and said with some embarrassment.
"Since Hu Sheng, you have thought of this method, then try it, give priority to the metropolises of Beijing, Shanghai, Guangzhou, or coastal provinces, and when the negotiation is completed, we will discuss how to jointly invest in the investment." Chen Zhiwen nodded and said.
"Okay, leave this matter to me, and after a while, I will go to the mainland again." Hu Yingxiang said.
"At present, the investment that can be accepted in China, suitable for us may only be hotels and some infrastructure, infrastructure is still based on freedom, everyone depends on their own wishes, except for the factories I invested, if a few are also interested in industry, they can also try to become the supply chain of Midea and Galaxy Trade, but they need to invest in building factories in China, I will not make any commitments, but it can be said that even if it is a simple industrial chain, as long as it is done well, the future income will be very high." Chen Zhiwen continued.
"In the industrial field, I'm not sure, I've never had experience in this area." Bao Yugang frowned and said.
"It's good to acquire a suitable one, many of Midea's original businesses are also like this, after the acquisition, and then inject funds to develop well, as long as there is no problem with the quality, the return may not be lower than Hong Kong's real estate investment." Chen Zhiwen said with a smile.
The general industry is naturally not as good as the real estate in Hong Kong, but the United States is different, and as a supplier of the United States, the potential is also unlimited.
Of course, no matter how good the relationship is, there can be no problems with the quality, otherwise the six relatives will not recognize it.
"Bao Sheng can try, I acquired a Midea supplier a few years ago and supplied them with shells, and now the annual turnover is more than 100 million Hong Kong dollars, which is not low." Hu Yingxiang said with a smile.
"Okay, I'll think about it." Bao Yugang nodded and said.
Guo Henian on the side asked: "Chen Sheng, your beverage company also uses sugar, and I can give you a certain discount." ”
"Red Bull needs sugar, but it's not much, very Coke uses a lot, but the factories here in Hong Kong have signed contracts with Swire Group, so Red Bull intends to build a large food and beverage factory in Shanghai, including Very Coke, which can be supplied to China, and the demand for sugar will probably be greater than that in Hong Kong." Chen Zhiwen thought for a while and said.
The cooperation with Shanghai is still negotiating, but the basic principle is that these food and beverages can enter the country, with the domestic population, Chen Zhiwen will know that very Coke will inevitably be popular in the country, among the people who lack food and clothing, instant noodles, Coke in the high-calorie and high-sugar is junk food overseas, in these places are all golden food, people will be very eager to eat this kind of food, only when the economy reaches a certain height will be reversed.
"I don't think I can import sugar in China, right?" Guo Henian asked.
"It doesn't matter, there is relatively little sugar in China, which is in short supply, and the quality may not meet the demand for cola, as long as I can ensure the foreign exchange balance, imported sugar is not a problem." Chen Zhiwen said.
"That's good, a lot of the syrup over there from Coca-Cola is actually provided by me, and I will definitely give Chen Sheng the best quality." Guo Henian said with a smile.
(End of chapter)