401 and then a small pit HSBC

After a few days of fermentation of public opinion in the United States, it slowly declined, after all, not too many people will pay attention to a company that has nothing to do with them, at most they will eat melons, and those who may be directly or indirectly affected will continue to pay attention, but the number of these people accounts for too little of the American population, and the heat will naturally come down.

However, when the news reached Hong Kong, public opinion exploded even more, first, Chen Zhiwen's influence in Hong Kong is too great, and the total population of Hong Kong is too small, and there are too many people who rely on Chen Zhiwen for food, and there may be one-tenth of them directly or indirectly, and second, there are many rich people in Hong Kong who have emigrated and transferred assets, but there are still more people waiting and watching, and the richest man in Hong Kong suddenly spent a huge amount of money to acquire overseas companies at this time, which is suspected of transferring assets.

However, Chen Zhiwen did not come forward to explain this, before Disney did not acquire it, he was too lazy to explain to the media that he could spend his money how he wanted, no matter what his purpose was, and he didn't need to explain it to outsiders, otherwise, this group of people would not be able to go to heaven in the future?

And because their own behavior may lead to a worse economy in Hong Kong or more people emigrating, it doesn't matter, Hong Kong's economy, on the whole, is unchanged, and it will skyrocket in the future, so that those who are swaying on both sides will leave, and those who stay may benefit more in the future, killing two birds with one stone.

In the United States, Morgan Stanley has issued an invitation letter inviting Chen Zhiwen to the United States to discuss the specific details of the acquisition of Disney, after all, Disney has not yet explicitly refused, so there is hope, and the acquiree must also meet with the acquirer to discuss many issues, such as the most important employment issues, follow-up company development issues, management freedom issues, debt issues, capital investment and other issues.

Large-scale acquisitions involve too many things and take a long time to talk, which is naturally handed over to the professional team, but the specific goals still need to be determined by Chen Zhiwen, the boss.

However, before leaving Hong Kong for the United States, Chen Zhiwen still made an appointment with a former friend, the current head of HSBC: Mr. Shen Bi.

The place where the two met was the Hilton Hotel where Chen Zhiwen had arrived, although it was ready to be demolished, the relevant procedures had not been completed, and there were still some customers' orders that had not ended, so it was semi-normal and only received short-term users.

The whole of Hong Kong basically knows that this Hilton hotel is going to be demolished, but many people come to book a room, maybe they know that they will not have a chance in the future.

In the presidential suite, Chen Zhiwen met with the HSBC Taipan who had not been seen alone for a long time, since the forcible acquisition of HK Electric 3 years ago, and by the way slapped HSBC hard, and then Bao Yugang acquired CLP, HSBC did not help as promised, and then, HSBC also obtained the American SITC Bank that they had been thinking about for a long time, but it also paid a lot of price and delayed for about two years.

The relationship between the two sides is not deteriorating, after all, no one asks anyone, it's just cold, this time, Chen Zhiwen suddenly invited Shen Bi, which made him a little strange, although the relationship may not be very good, but face still has to be given, and some things have passed, people still have to look forward to the future, if there are any big projects to cooperate, it is also okay.

In Hong Kong, business always comes first.

"Mr. Shen Bi, this is the high-grade Dahongpao tea I specially purchased from the United Kingdom, and it is also the favorite variety of British nobles!" Chen Zhiwen had already prepared for the reception, and after brewing the tea, he said with a smile.

"It's very fragrant, it's pure, it's been a long time since I've drunk such a big red robe." Shen Bi sniffed lightly, nodded and said.

"Then you have to taste it, I still have 2 catties of this industry here, and I can take it with me when Mr. Shen Bi goes back." Chen Zhiwen said again.

"Chen Sheng is too polite." Shen Bi felt a little uncomfortable, you must know that when Chen Zhiwen started to grow a few years ago, although there was still politeness, he generally wouldn't give gifts like this, so he asked: "I don't know if Chen Sheng asked me to come here, do you have any advice?" ”

"There's no advice, it's a big collaboration." Chen Zhiwen smiled and said: "What I want to do in the United States, Mr. Shen Bi should know, right?" ”

"Chen Sheng's acquisition of Disney, who in the whole of Hong Kong now does not know? It's really a big deal, although Disney has not been good in recent years, but it is still one of the giant companies in the United States, if it succeeds, Chen Sheng is enough to go down in the history of global business! Shen Bi said with a smile.

HSBC also wants to internationalize over the years, but the expansion or acquisition of overseas banks is naturally much more difficult, and Chen Zhiwen is at the forefront of HSBC early, not only relying on electronic products and beverages to enter the European and American markets, but also through capital investment in the retail industry in the United States, the scale has reached the level that shocked Shen Bi, and now he wants to acquire Disney in the United States, which can be described as unique.

"When I become famous, I have a lot of trouble, and a lot of media have not been very friendly to me recently." Chen Zhiwen said with a smile.

"It's just some small newspapers, just attracting attention, and I need them to evaluate what I do?" Shen Bi said arrogantly: "Besides, Chen Sheng, your influence in the Hong Kong media is not small, why do you care about them?" ”

"It doesn't matter, but there's always going to be some trouble, especially now that it's a special time." Chen Zhiwen nodded and said: "So I also hope to complete this transaction as soon as possible, no matter how hyped by the media, but when the wood is settled, everything will return to normal, and when the acquisition is completed, I will naturally clean up that group of deliberately rhythmic media!" ”

Although TVB controls a large number of media directly or indirectly by investing in shares or giving a large number of advertising orders, there will always be some media outside of control, and these media usually do not interfere with each other, but this time, there are a few companies that seem to like to hype up various topics in order to obtain greater sales, and may even have a special purpose.

Chen Zhiwen has already arranged for someone to investigate, and when he catches the people behind him, he will definitely clean them up seriously.

"Of course, offending Hong Kong's top conglomerates should naturally be punished." Shen Bi also agreed, although this matter has nothing to do with him, but as the head of the most powerful consortium in Hong Kong, sometimes he is attacked by some tabloids, but fortunately, it is not too sharp, and many times it will be gone, and if someone can kill chickens and monkeys, then everyone may be more comfortable in the future. It's just that this matter doesn't seem to have anything to do with me being here now, so I asked, "Then Chen Sheng asked me to come here for Disney?" What can I do with this piece? ”

"Funds!" Chen Zhiwen said: "I need a lot of money, but I don't know if HSBC can take this deal." ”

"You want to take out a loan from HSBC." Shen Bi thought for a while and said, "Chen Sheng should have entrusted Morgan Stanley to make the acquisition, and in this case, shouldn't Morgan Stanley provide loan funds?" ”

"Under normal circumstances, the loan can only be said to have an investment bank involved in the transaction, but it does not mean that all his funds must be obtained, and in addition, large investment banks also need to avoid risks, which may be close to 2 billion US dollars at every turn, and they will not come out alone, and I have already told them that I will handle some of the funds myself." Chen Zhiwen smiled and said.

"That's the way it goes, so I don't know how much money Chen Sheng needs from HSBC?" Shen Bi suddenly became interested and asked.

Although the relationship with Chen Zhiwen is not very good, Chen Zhiwen's investment in Hong Kong has been in a state of contraction in the past two years, and now it seems that he has long predicted that there will be problems in the real estate market, but no matter what the reason is, the contraction of the front has also led to no conflict with Hong Kong local enterprises, and it is naturally the same with HSBC.

Time will wash away all contradictions, plus in the past two or three years, Chen Zhiwen's industry has made great progress in the international market, and has begun to gradually widen the gap with HSBC.

The economic crisis in Hong Kong has also had an impact on HSBC, the most basic is that there are a lot of bad debts, but these problems are not big, HSBC's risk management has been very good, but a large number of deposits have flowed in but there is no loan outflow, which is a very troublesome problem for banks.

And now what Chen Zhiwen is asking for is also exactly the solution to HSBC's current problem.

"HK$5 billion." Chen Zhiwen stretched out 5 fingers and said. The Hong Kong dollar crisis is coming soon, and this may be the last time a large amount of money can be reasonably mobilized on a large scale.

"5 billion!" Shen Bi was shocked, this is the largest loan in the history of HSBC, even if the total liabilities of Jardine Matheson, Wheelock, and Swire are higher than this number, but it is not a one-time loan. However, it is not much compared to the amount of money needed to buy Disney, which is less than $1 billion at the current exchange rate.

"Yes, I think this money should not be a problem for HSBC, as for the collateral is not a problem, I will arrange for the properties under Hutchison, Wharf, and Galaxy Real Estate to be mortgaged, how about it?" Chen Zhiwen said.

Hutchison is already a special case in Hong Kong, because its properties in Hong Kong have almost no debt, which is incredible among Hong Kong real estate peers, but there is no way, under the guidance of knowing the future trend of land prices, during the bull market, Hutchison is completely desperate to develop the property in his hands regardless of the future, even if it reaches the high price plateau, it is the same, just stop acquiring new land. In addition to the investment in the gold market, Chen Zhiwen also gave a part to Hutchison, which made Hutchison even more powerful in Hong Kong.

Of course, this is only in Hong Kong, and Hutchison's investments in Japan and the mainland are still very large.

Galaxy Real Estate and Wharf are a little worse, mainly because of the late acquisition, but the debt ratio is also very low, and during the period of 80-82, real estate development basically solved its own debt problem.

The three companies still have a large number of high-quality properties in Hong Kong, including several Central buildings, several office properties in Tsim Sha Tsui and Admiralty, etc., and even if land prices have fallen now, these prime commercial locations are worth more than HK$5 billion.

"Well, as long as the collateral is sufficient, the loan is definitely not a problem." Shen Bi nodded and said, he couldn't see that there might be any traps in this, the collateral was sufficient, plus Chen Zhiwen Youmei's profiteering company, HSBC's loan could not have any risk.

(End of chapter)