463 Hongkong Land's vast asset list

"Simon Keswick? He still seems to want to keep Jardine? Chen Zhiwen smiled and said, this person's name, although it is not well-known in the mainlanders in later generations, but it is relatively successful in the entire history of Jardine Matheson, especially under the control of the Keswick family before, the Jardine Matheson Group has been implementing the strategy of making money in Hong Kong and investing overseas, and a large number of profits earned from Hong Kong are invested all over the world, but Simon Keswick's predecessors are a bunch of waste, and the entire Jardine Matheson Group looks very large, but it has no industrial competitiveness.

Simon Keswick also has the same attitude, and in the original history of 1987, he was even ready to sell the land, but his various overseas investments were very successful, so that Jardine Matheson completely gained a foothold in many countries.

But that was later, and now he is just a British aristocrat who has barely declined.

"Yes, that's what Simon Keswick meant, he forced Neopyan to resign before, in fact, this is also the purpose, he is also worried that Jardine Land will be destroyed by Neopyan." Zhou Jiayang said.

"If they were united, I think it would have taken a bit of effort to acquire Hongkong Land, but it's a pity." Chen Zhiwen said: "I am gone, and there is nothing to talk about, after Jardine is in our hands, we will naturally decide which investments can be kept and which investments can be sold according to our own situation, if the Keswick family wants to still have these properties, they can come to negotiate and buy them at that time, as long as the money is in place, the properties we don't need will not matter if we sell them again." ”

The Keswick family, which wants to make money in Hong Kong but does not want to take any risks, has adopted a multi-layered business model to control Hong Kong's huge assets, before the mutual control of Yizhi, simply put, the Keswick family controls Jardine Matheson with 10% of the shares, and Jardine Matheson also controls Hongkong Land with about 10%, and Hongkong Land also controls Wharf and many other companies with about 10-20% and so on.

The market value of Jardine Matheson was only five or six billion Hong Kong dollars at the highest before, and Hongkong Land was more than 15 billion, if Wharf was not acquired, it would almost be about 5 billion Hong Kong dollars, not to mention various other subsidiaries, that is to say, if there was no Chen Zhiwen, the Keswick family would control more than 30 billion Hong Kong dollars in assets with about 500 million Hong Kong dollars, and then legally suck blood from the entire group through various legal and formal means to expand their family wealth.

But this model, in front of the Chinese giants, is a lamb to the slaughter, if it weren't for the size of the scale, it is estimated that it would have been started long ago, and when it was acquired, the so-called Keswick family is just a small shareholder of a company with a market value of 4 billion Hong Kong dollars, almost worth 400 million Hong Kong dollars, plus some industries that their family may have in other fields, it is estimated that it is worth more than one billion Hong Kong dollars, this level, and there is nothing that can attract him, he is too lazy to see it.

"Okay, then I'll just send him away." Zhou Jiayang nodded, and said: "Chen Sheng, here is all the current assets and debts of Hongkong Land, please take a look." ”

After speaking, Zhou Jiayang handed over a document again, the first thing he wanted to do when he came here was this, but it had been the boss who was guiding the direction just now, and he could only wait for a while, anyway, it wouldn't be long.

"I'll see." Chen Zhiwen took the document, the first page is a list, which is the name of some of the properties of the current Land, from top to bottom, the top dozen or so, naturally the entire property in Hong Kong Island Central, and the back is a variety of property buildings on the Kowloon Peninsula.

These are just the first page, the second page and some of the next ones with a slightly smaller value, such as some plots of land with slightly worse locations but larger areas, and then some non-detached properties in core commercial locations such as Central, Hongkong Land's assets are not only large properties, many single-storey floors, and the value is also very high.

Among them, the highest value is naturally the former land king, Exchange Square, although it has not yet been completed, but the total area of the future is 2 million square feet, which can be said to be the largest single building in Central in Hong Kong, and the location is extremely excellent.

Only in the future, when the land price in Hong Kong doubles tenfold, various consortia will desperately build higher and larger buildings in order to make profits, such as the Hong Kong International Commerce Centre and the Hong Kong International Financial Center in the future, etc., these single buildings will surpass the Landmark Plaza in terms of area.

The second is naturally the Connaught Building next to Exchange Square, which was once the king of Hong Kong in 1971, with a total area of more than 900,000 square feet.

Then there are 17 high-rise buildings in Hong Kong, including Prince's Building, Standard Chartered Building, Wheelock Building, Golden Gate Building, Duke of Windsor Building, Glouce Setar Building, Prince Building, Alexandra Building, and Cultural Oriental Hotel, with a total area of more than 6.5 million square feet.

This data is still because these large buildings are relatively old, although they were one of the tallest buildings at that time when they were built in the early days, but they were not enough to see in the 80s, and if even some of them can be demolished and rebuilt to build high-rises, then this number can easily triple again, with the rising rate of land prices in Hong Kong in the next few years, it is completely worth it, and even the rent alone is enough for all the demolition and construction costs.

In the original history, Jardine Matheson Group adopted a conservative business strategy, in Hong Kong with these properties to make money immediately transferred out, missed the best real estate bull market, now, in their own hands, will naturally find opportunities to slowly rebuild, especially some very old buildings, there is no need to spend money on maintenance, should be demolished, decisive, but earn more.

There are all kinds of small properties left, in fact, the value is also very high, but there are too many of them, Chen Zhiwen only looked at the total area of about 5.5 million square feet, which is located in some floors of the Prince's Building in Central, and some ordinary places in Kowloon.

In addition to the properties that can be directly rented, Hongkong Land also has a large number of properties under development, but they are in a state of semi-suspension due to the rupture of the capital chain, such as more than 100 single-family villas in the south of Hong Kong Island, the renovation of the old site of the Miramar Hotel, the development plan of Baibi Mountain and the development of some communities, etc., if the development is completed, some of them will be sold according to demand, but they can also obtain at least about 1.5 million square feet of self-owned properties and a large amount of cash.

If all these projects are successfully developed, the number of rental properties controlled by Hongkong Land will exceed tens of millions of square feet, which may be second only to Hutchison and Cheung Kong in terms of area, but the location is much higher, which also leads to higher value.

"These properties, in addition to these community properties that must be sold under contract with the Hong Kong government, if we all hold them ourselves, how much more investment will be needed for subsequent development?" Chen Zhiwen asked.

"The property in the community can be sold to recoup the cost, but at least until the real estate market recovers, if we reinvest all ourselves, it will take about 6 billion to 8 billion Hong Kong dollars." Zhou Jiayang thought for a while and said.

"If you add the privatization funds, it will basically need more than 15 billion Hong Kong dollars." Chen Zhiwen nodded and said.

"Yes, and Hongkong Land's current debt is still more than 21 billion Hong Kong dollars, and it is estimated that no bank in Hong Kong will dare to re-lend, unless you come up with other high-value collateral." Zhou Jiayang said.

"On the bank's side, just maintain the current state first, Midea can indeed help, but if there are too many funds involved, it will be necessary to disclose some financial data, which is not necessary at present." Chen Zhiwen shook his head and said.

Midea Group, after the release of Mario last year, has taken a step closer to gaining more markets, not just market share, but the total market has become larger with the launch of high-quality games. Although no matter how you speculate, when Midea has not released its financial information, other large electronics companies can only rely on guessing, and once these data are really exposed, it will really make all electronics groups crazy, and they will definitely enter the game market regardless of the cost, and even many investment funds will increase investment in new game companies.

Although Chen Zhiwen is very confident in his game, no one knows if this thing will be launched by someone to launch a game that does not exist in the original history and can match or even surpass Mario, once this kind of game is controlled by large American companies, then Midea's goal of monopolizing the home game console hardware market may not be achieved.

The probability may not be high, but there is no need to gamble, wait until your own game console monopolizes the arcade market through Mario and a few games in the future, and then control the game companies through third-party platforms, and each game company will also reverse the venture capital behind them, then everything will be done.

This time may take about three years, before that, it is better for Midea to keep a low profile, as for the success of this matter, it should be the time for Midea to show its talents, after all, the scale is too large, it must be necessary to introduce a large number of strategic resource partners, otherwise, an anti-monopoly law in Europe and the United States can kill any foreign-funded company.

"Why don't you transfer the funds of Hisense Bank out?" Huo Jianning said: "According to the banking law, Hisense really can't help Hongkong Land, but Hisense made so much money in the Hong Kong dollar exchange rate crisis before, and now according to the banking law, Hongkong Land's loans will also be sold to Standard Chartered and Citigroup, we have too much money in our hands, so it's better to return the profits to Chen Sheng, and then go to privatization or operate Hongkong Land, how?" This also avoids the need to repatriate funds from overseas back to Hong Kong. ”

"That's okay,In the short term,Hisense's loan business is indeed unlikely to rise on a large scale。 Chen Zhiwen nodded and said, according to history, there is still nearly a year before Huaying reaches an agreement, and within this year, Hong Kong's real estate market and economy will still not improve, and Hisense Bank's business will definitely not be much better.

And they still have a lot of investment projects overseas, especially the Japanese market, this market is very large, even more than the gold market of the year, how much money to invest in, will not be enough, at this time, a large amount of funds back, it is indeed a bit of a loss, can mobilize funds in Hong Kong, is the most cost-saving.

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(End of chapter)