451 Jardine of infighting

"We're going to buy Rio Tinto?" Zhou Jiayang asked.

"No, it's just an investment, a company like Rio Tinto, we can only waste it if we buy it, it doesn't make much sense." Chen Zhiwen shook his head and said that Rio Tinto is now ranked in the top ten mining companies in the world, far less than the top three in the future, which also shows that it has developed very well in the next few decades and is worth investing in.

Of course, this income is far worse than the technology industry or the real estate industry, but their group always needs to diversify investment, not only the risk problem, but also the expansion of influence, in the future, Rio Tinto's global influence can be said to be far more than the original history of Cheung Kong + Hutchison, not a level at all.

However, the acquisition is impossible, if it is really acquired, then Rio Tinto will not become the Rio Tinto of the future, Chen Zhiwen's crossing of the golden finger, but I don't know how Rio Tinto developed, can I know this company, or because the mainland has been short of iron ore after 2006, Rio Tinto, Vale, BHP Billiton and other companies have entered the media vision.

You only need to invest and follow behind, and if you have the opportunity, you can get a seat on the board, as long as the interests can be bundled together.

"Okay, I'll send someone to the UK for Rio Tinto's business, but here in Hong Kong, the bigger the debt of Hongkong Land now, the better it is for us, but if it is acquired, then the debt will be ours." Zhou Jiayang thought of this, and said helplessly.

"Haha, that's right, it's a bit stressful in the short term, but in the long run, it's definitely super cost-effective, and besides, if it weren't for the high debt, we wouldn't have this opportunity." Chen Zhiwen smiled and said: "I'll see it next year, if the funds are not enough, it doesn't matter if you buy shares later, a company like Rio Tinto can't develop quickly." ”

Unlike the real estate and technology industries, the development of the international mining industry is very slow, even if there is a merger plan, it will not affect its investment value, unless for some reason, resulting in a special shortage of mines, which will lead to a sharp rise in the value of the enterprise that owns this ore, but this is also short-term, and Rio Tinto's main business is coal and iron ore, which will not move much in the next ten years.

Previously, Hutchison had acquired more than 3% of Rio Tinto's shares from Jardine Matheson, and if it was added a little more in the future, it would be considered a preliminary completion of its plan. The three giants of the mining industry in the future can participate a little if they have the opportunity, but the other two have no opportunities at present, so there is no need to spend money here for the time being.

……

Hong Kong people, most ordinary people don't care about Christmas, in their hearts, the New Year is the most important thing in their lives, but Christmas is coming, more or less there is still some atmosphere.

Christmas promotion signs have been hung up in supermarkets and supermarkets, even at airports.

At Kai Tak Airport, a middle-aged white man with blond hair and blue eyes came out of the VIP exit with a group of entourage, and another group of white people came in front of him, apparently to pick up the plane.

"Sister Wei, that's Niu Bijian and Bao Fuda, the two of them actually came to the airport to pick up people in person, could it be that the British government officials came to Hong Kong?" A female reporter who was visiting some news materials at the airport suddenly saw a group of ghosts in front of her, and hurriedly said to her colleagues.

In the whole of Hong Kong, the two top executives of the Jardine Matheson Group can come to the airport to greet them, there is no such person in the business world, only in the political circle.

"I didn't hear of any high-level British arrivals coming to Hong Kong in the near future. And if the British high-level comes to Hong Kong, the Hong Kong government will also send people. Sister Wei thought for a while and said, "Could it be the Keswick family, the major shareholder behind Jardine?" I have a little gossip that the Keswick family is very unhappy with the current debt situation of Jardine Land and wants to change the management! ”

"What? Jardine Land wants to change the manager? That's big news. With that, she picked up her camera and took a few shots, but the distance was too far to be clear, and when they wanted to get closer, they were ready to turn and leave.

"It's a pity that I didn't get a picture of that person's face, otherwise I would have found out if I was from the Keswick family when I went back and checked." Sister Wei said regretfully.

"yes, it's a pity, maybe you can get on the homepage."

"Let's go, let's do our thing." Sister Wei greeted and said, this kind of big news, sometimes it does depend on luck.

……

Although Niu Bijian and Bao Fuda were in the car, Simon Keswick didn't seem to think about whether the two had time to accompany him, so he directly said to the driver, asking to drive more shopping, he hadn't been to Hong Kong for a long time, and wanted to see how Hong Kong had changed over the years.

"Simon, there are still a lot of important things in the group, it's not good for us to go around like this, why don't you wait for the business to be done, and you can take a look around?" Bao Fuda said with a slight anger, which made it clear that he didn't take a few people in his eyes.

"I want to take a look first, if you are busy, you can go back to the company first, there are more cars here." Simon Keswick said calmly.

"Okay, then accompany Mr. Keswick." Niu Bijian didn't care, and said with a smile: "It's the same when talking about things in the car. ”

Bao Fuda glanced at Niu Bijian, and he could only stop there. Simon Keswick also didn't say anything, looking at the scenery outside, which was completely different from when he came here ten years ago, except for some buildings on the land, which is enough to show that the development of the land in the past few years has been very unsatisfactory.

The Keswick family, after acquiring the shares of the Jardine's family, the founder of Jardine Matheson, in 1958, has been in control of the entire Jardines, Hongkong Land and Wharf, but in the mid-70s, due to internal reasons within the family, overseas investment has failed, resulting in the Keswick family losing the management of Jardine Land and regressing to become a major shareholder who can only occasionally ask.

Four years ago, after Wharf was forcibly acquired by outsiders, Simon Keswick once organized a counterattack, hoping to get back the management rights of the entire group, but unfortunately, it failed for various reasons. Today, the debt of the entire Jardine Land Group is almost on the verge of collapse, and he has ushered in another opportunity, but this opportunity has also brought a crisis to the entire Keswick family.

Although the Keswick family is not only the same asset as Jardine Matheson, but the core is here, if Jardine Land is forced to collapse by debt and all equity is cleared, then the Keswick family will also decline.

"That's the headquarters of Galaxy? Where does Chen Zhiwen work? After coming to Admiralty, Simon Keswick pointed to a high-rise building and said.

"Yes, that's generally the case, but Chen Zhiwen has a lot of assets, and it's not sure where to work, but it's probably here, unless their new plan for the Midea Building is completed, it may be changed." Niu Bijian nodded and said.

"When I left Hong Kong, I had never heard of this person, and I didn't think that in less than ten years, I would already be familiar with him in the UK." Simon Keswick said with emotion: "It is really our misfortune that such a person appears in Hong Kong!" ”

"No one can stop this kind of thing, but the current Jardine Matheson Land has a mutual holding, and according to the current Hong Kong government's regulations on triggering takeover offers, no one can threaten our control over Jardine Matheson." Niu Bijian said with some arrogance, he actually looked down on the Keswick family, maybe the first generation was okay, but now, it is just a group of people who rely on the legacy of their ancestors' assets to have their current style. I can't say it's waste, but I definitely can't control a big group like Jardine Land.

Back then, he also struggled to snatch control of Jardine from the Keswick family, and now, no matter what the circumstances, he will not give up.

"But now Hongkong Land's debt is heavy, have you considered it, we don't just need to consider whether it will be acquired, Hongkong Land's debt is too large, it will also lead to the collapse of the entire group." Simon Keswick said coldly, he knew that the "we" that he had just said did not include him.

"Hongkong Land is doing very well now, there is no problem." Bao Fuda said.

"What's the situation with Landmark, can you hide it from Hisense Bank, but do you think you can hide it from me?" Simon Keswick said that although the Keswick family left the top management of Landmark Jardine, there are still many people in the company who support them, and a faction has also been formed. Maybe Niu Bijian can hide it from outsiders, but the company's debts and assets can't hide from the Keswick family.

"We didn't want to hide it from you, Simon, you are a major shareholder, you can completely audit the accounts, and we can't falsify all the accounts." Niu Bijian said with a faint smile.

"Then do you think that your little cleverness will be useful to Chen Zhiwen? The situation of Hongkong Land, even ordinary people in Hong Kong are suspicious, Chen Zhiwen actually agreed to borrow 3 billion Hong Kong dollars, don't you doubt it? Simon Keswick asked.

"3 billion has been received, this is a fact, and Chen Zhiwen also took the opportunity to ask us to buy a Central Building, so there is no need to say anything else. Besides, even if you come to my position, what else can you do? Niu Bijian said lightly, if you want to say that you will doubt them, from the perspective of their professional managers, no matter whether Chen Zhiwen has any special purpose, they have to accept this money, otherwise they will soon be driven away by the joint board of directors of the people in front of them.

"The wood is already in the boat, and there is no point in pursuing this responsibility." Niu Bijian avoided the question and said: "But I heard that you are going to pay dividends to shareholders and continue four large-scale projects such as Exchange Square?" ”

"Of course, I know that the company's funds are tight, but these projects have dragged on for a long time, and the losses will be greater, and once stopped, it is equivalent to telling the world that there is a problem with the land's funds, so that the stock price will inevitably plummet, you know, we have pledged 7 billion Hong Kong dollars with stocks, and the banks have been very face-saving and have no debts, and now they are fighting for confidence, once the stock price plummets and the project stalls, Hongkong Land's credit will collapse immediately, and the banks will come to collect debts. We will face a more dangerous situation than the Hutchison Group that we once had, and when the time comes, Chen Zhiwen can also be acquired. Niu Bijian explained. In fact, this is also one of the reasons why he is willing to take over Hisense's loan,If Hongkong Land really can't bear to go bankrupt,It may still be the same,Now Hongkong Land's debt problem,There is no way to solve it at all,Only hope that the entire Hong Kong real estate market will recover one day sooner,Then all problems can be solved。

"In this case, I naturally know that the project cannot be stopped, but it must not start normally, as long as it maintains a minimum speed, it must save costs." Simon Keswick said: "I can reluctantly accept this reason, but why do I have to pay dividends to shareholders, which will cost 600 to 700 million Hong Kong dollars?" With so much money, it is completely possible to stabilize the company's debt for a longer time. ”

"It's up to me." Niu Bijian said indifferently: "If you don't agree, let's hold a shareholders' meeting to discuss?" ”

(End of chapter)