387 The Atari Crash and Dividend Receipt
At present, Hutchison is the largest of the bunch of subsidiaries in Hong Kong, and the large number of talents accumulated by Hutchison over the past decades has also allowed Hutchison to expand smoothly in various businesses, such as ports, minerals and so on.
HK Electric is a public utility in Hong Kong, can only remain listed, Chen Zhiwen will invest a little resources into HK Electric, but it will definitely not be the main one, another Wharf, although it is also a sole proprietorship like Hutchison, but its main business is rent collection, since its establishment a hundred years ago, it is like this, the future direction, obviously is the holding and purchase of industrial and office buildings.
Therefore, Chen Zhiwen intends to give a large number of good development investment opportunities to Hutchison, so that it can become a super giant company in Hong Kong, and at the same time, its overseas business is also developing very well, and it also has the opportunity to become the top Fortune 500 and the top one.
However, it is difficult to say that there are too many opportunities in the mainland in the future, except for a few large investments, others will also allow his enterprises to play freely to a certain extent, and may have their own fate, for example, in the case that history has been completely changed, the future Internet pattern in China may be completely different, and maybe which one will invest in one of the future "BAT".
This kind of high-tech service company, choosing one, may be worth the struggle of many large consortia for a lifetime, such as Li Zekai in the original history, he missed 20% of the shares of Teng Xun, otherwise, just looking at the data on paper, its wealth would not be lower than its old man Li Jiacheng.
"Okay, as far as I know, the debt ratio of the five tigers in this real estate is not very high, I have to say that these people's vision is really good." Zhou Jiayang said: "When I find out the asset-liability ratio of medium-sized real estate companies in Hong Kong in the future, I think that as long as the debt ratio is not ridiculously high, we can invest in an appropriate amount, and as for the capital aspect, it is not a problem, and Standard Chartered Bank can handle this matter." ”
"Okay, let's work with Standard Chartered." Chen Zhiwen nodded and said: "Then try to use the loan funds as much as possible, the bank's loan during this time can't be borrowed." ”
"Bill Winter is going to die of joy." Zhou Jiayang said with a smile.
"That's the strategy for investing in Hong Kong in the past six months, and if you want to absorb deposit funds from Hisense Bank, you'll still have to absorb deposit funds, but it's a little difficult to convert them into foreign exchange recently, right?" Chen Zhiwen asked again.
"It's a bit troublesome, now many Hong Kong tycoons or ordinary people are trying to convert the Hong Kong dollar in their hands, which has caused the decline in the Hong Kong dollar exchange rate, the official side is 5.8, the Hong Kong government may not be able to bear it, it is estimated that it will soon break 6." Huo Jianning replied.
"Don't care about these, just change it, the future exchange rate will only be lower, now you change it, and you will have a chance to earn it back in the future." Chen Zhiwen ordered without hesitation, in the original history, the Hong Kong dollar exchange rate fell all the way to 9.6, which is still official, and I don't know how much it is above the black market.
"Okay, except for the most basic operations, I'll exchange everything else for dollars or yen." Huo Jianning said.
"Then let's do it first, this economic crisis will not end in a year or two, and now is just the beginning, we just need to take some benefits appropriately, and when the best time comes, we will see how the situation goes." Chen Zhiwen said.
If you don't have much money in your hands, you only need to take advantage of the economic crisis when the price of various assets is low, but there are enough funds in your hands, which can save the market to a certain extent.
Things are arranged in Hong Kong, and Hutchison and Hisense will also do what they should do as required, while several other companies can be kept as they are, Wharf's main business is Harbour City, Hong Kong Electric's main business is power generation, and other investment projects, such as Wharf's in Wanwan, are not large, just follow the trend.
In the past year or so, several teams have been working in a hurry, and finally in October, the 23km high-speed section of the Yanjing section was completed, and the internal traffic was also realized, so that at least a small part of the congestion in Yanjing could be alleviated.
According to the Morgan family, the White House is already aware of this matter, but what kind of reply has not yet been decided, and besides, this matter may be just a trivial matter for the White House, and it will take a while to have a result.
In this regard, Chen Zhiwen is not in a hurry, normal large-scale cross-border acquisitions take a year or two or even longer, and this is still a bona fide acquisition, if the acquiree is unwilling, it is basically impossible to succeed.
This kind of large-scale acquisition, you need to entrust a large investment bank first, the investment bank will first use their own relationship to the U.S. Department of Commerce and the White House to test it, this is the first level, if even the Ministry of Commerce and the White House do not agree, the investment bank has no choice, then the acquirer should immediately stop the loss, at most to an investment bank millions of dollars to disturb the cost.
And if the White House and the Department of Commerce agree, then formally propose the acquisition, and find a way to get the acquired to agree.
After that, I will go back to the Ministry of Commerce, but this is an official document letter, and the Ministry of Commerce will also consult with the White House and the two parliaments on this matter, and finally agree, then the acquisition is successful.
However, if monopoly is involved, it still needs the approval of the anti-monopoly agency or the court.
If these processes fail later, the loss will be in the unit of 100 million US dollars, so it is very important to obtain the verbal consent of the White House and the Department of Commerce in the first step, but this kind of thing involves a large number of people.
Disney is not only an honorary brand in the United States, but also involves the employment of tens of thousands of people, etc., and this kind of thing is not a big deal for the White House or the Department of Commerce, and it is normal for it to take a little longer to queue up.
The things entrusted by Henry Morgan are simpler, the acquisition of farms, as long as there is money, especially Argentina in South America, which is currently in a debt crisis, as long as there are US dollars, state-owned farms can be sold casually, and the kind of land close to the rainforest for wasteland can also be discussed, all of which are freehold property rights, and a number of materials were sent to Chen Zhiwen's desk, which made him hesitate a little for a while, after all, no matter how rich he is, in the face of so many large areas of land, he feels that he can't spend too much on these, so he can only choose some appropriately, In the future, after making a fortune in the Japanese real estate market or the American technology market, then there will be plenty of funds.
The end of the year was fast approaching.
At the end of the year, a major event occurred in the video game market in the United States.
Because of the emergence of beauty, the game market in the United States has undergone serious changes from the original history, but some are still the same, such as Atari has always existed, but it is not as successful and rich.
In the face of a strong beauty game, Atari had no choice, but as in the original history, he bought the game adaptation rights of "ET the Extra-Terrestrial".
This "ET Alien" was released in the summer of 82, just in the American market, it won $430 million at the box office, and more than $800 million worldwide.
Under this combination of strength. Theoretically, the game must be a hit, but unfortunately, Atari executives, who were too eager to seize the 82 Christmas season, were caught in the loophole when discussing the purchase of rights with Warners, and as a result, they dragged on until the end of October to reach an agreement, Atari spent $35 million to obtain the copyright fee for "ET the Extra-Terrestrial", which is only two months away from Christmas, and the production of game cards also takes two or three weeks, leaving Atari with more than a month to develop the time.
This kind of game launched in an emergency must have all kinds of problems, so the market gave a hard slap, a large number of people asking for returns, gathered in front of various supermarkets and dealers across the United States, and the matter quickly appeared in the newspapers, and Henry Morgan also rushed to Hong Kong after knowing about it.
"Eric, Atari is completely finished this time, I inquired before I came to Hong Kong, their cards were sold during the Christmas season almost 4 million, according to the price of 80 US dollars each, a full 300 million US dollars, now to return, Atari not only has to spit out the previous money, all kinds of procedures, losses are counted, at least a loss of one or two hundred million US dollars." Henry Morgan said.
"4 million? The attraction of this ET is really strong. Chen Zhiwen was also a little surprised when he heard the data, that is, his own [tank battle] back then, there was no such high short-term sales in the Christmas season, and the IP popularity effect caused by American movies was too high, a deeply rooted IP character can let some people around the world know that some people are willing to spend money, and that order of magnitude is millions, even more than a few games that Midea has painstakingly managed.
Of course, this is also a marketing tool, to survive for a long time, it still depends on the quality, but the former is also very important, if this Atari game, not too rubbish, but playability OK, then it can definitely make a lot of money.
"ET's popularity is too high, that is, the price of game cards is too expensive, do you know, Warner invited some toy companies to produce ET's plush toys, in half a year, more than 20 million were sold in the world, and sales were 200 million US dollars, Warner made more than 50 million US dollars, this is just a toy, I don't know how many things can be made in the future." Henry Morgan said with a smile.
"Hollywood is indeed successful once it makes money." Chen Zhiwen smiled and said, this kind of IP or cartoon character, once it becomes popular, the speed of making money is really no worse than some of the world's top 500, let's just say that the Disney of the future generation, although there are many businesses, but the most basic foundation is a bunch of cartoon characters and superheroes.
"No matter how clever Hollywood's money-making methods are, it has nothing to do with us, if you can buy Disney in the future, maybe you can try it, but I'm not here today for this." Henry Morgan continued: "Although Midea has surpassed Atari in scale over the years, it can't compare with the various channels in the American market. ”
"You mean, take over these terminal channels?" Chen Zhiwen asked.
"Yes, most of them are actually freelance merchants, but they signed an exclusive agreement with Atari at the beginning, and now after Atari goes bankrupt, it can become a channel for beauty, and I think they are happy to do it." Henry Morgan said with a smile.
"That's okay, anyway, our channels are really not perfect." Chen Zhiwen nodded and said, because the previous sales volume was very considerable, the sales volume of the European and American markets exceeded the production capacity of Asia, and the channels of major supermarkets were basically able to cover to a certain extent, so the entire Midea Group did not spend too much energy on other channels to develop.
With the passage of time, no matter how popular the product is, it will slowly lose its popularity, and in this case, it is also necessary to develop other channels.
"Thanks for the reminder." Chen Zhiwen said again.
"Nothing, I don't actually say it, and you'll definitely think of that." Henry Morgan shrugged his shoulders and said: "I came to Hong Kong this time, in fact, I told you this matter just by the way, the most important thing is to go to the mainland on behalf of our Morgan family." ”
"There's a big collaboration?" Chen Zhiwen asked.
"In fact, it's just a big loan, our family thinks that I have a good relationship with you, and you have a good relationship with the mainland, so send me to find out first, try the tone first, if the mainland agrees, then there will be a professional team later." Henry Morgan said.
"This is actually a good business, I believe that the future export industry in China will not be bad, and there will be no problem in repaying the loan, but don't take my business with you, I won't participate." Chen Zhiwen said.
"Hahaha, as I expected, don't worry, this matter won't affect you." Henry Morgan said with a smile.
Early the next morning, Chen Zhiwen came to the headquarters building of Midea in Yuen Long, which was built two years ago, not high, and only 20 floors, in fact, it was just a temporary makeshift use.
"Old Ray, you should know about Atari over there, right?" Chen Zhiwen asked.
"Yes." Lei Shengli nodded and said.
"Yesterday Henry Morgan came to me in Hong Kong and asked me to take over some of Atari's channels, which is fine, but I would like to take over so many game talents under Atari." Chen Zhiwen said.
Over the years, in the game market, Atari has been beaten by the United States, but the fundamental reason is that Chen Zhiwen, the prophet Goldfinger, is too rebellious, and all kinds of classic games have been released, but they can't beat normal.
The technology of the Atari team is still very strong, which is what beauty needs, and it is also a relatively weak weakness.
(End of chapter)