"Mutual benefit is what I value most, and I won't start with a Chinese-funded real estate company." Chen Zhiwen said with a light smile.

In fact, he also knew that many Chinese-funded real estate companies had concerns about this, but he didn't care about it before, these people were worried about his!

However, now that they are large enough, they have obtained Hongkong Land, Wharf and Hutchison, not only the king of Hong Kong, but also control the most high-quality real estate, in this case, it is not necessary to toss and forcibly acquire Chinese-funded real estate companies, the benefits are not many, but it is very toss-up, because Chinese-funded companies, most of them are the founder's generation, they also control more than 30% of the equity of their own companies, compulsory acquisition, even if it is successful, the cost will be very high.

It is better to adopt a moderate model, buy shares of these companies at a low price in the event of a real estate crisis, and then let them make money for themselves. In this way, you don't have to do anything, you can get part of the profits of the entire real estate market in Hong Kong out of thin air, and you don't need to look too ugly.

As for the acquisition of only 15.99%, it is naturally for Hisense Bank to facilitate cooperation with these future real estate giants, so that a lot of profits can be made through financial means, even higher than ten percentage points more.

And if the stake really increases to more than 25%, then even if you don't have that idea, people will not rest assured, and they will definitely find a way to set up another company, and then transfer the business, which is the practice of any normal person, and Chen Zhiwen will also operate in this case.

Therefore, the current model is the most stable, through investment and banking and financial means, to obtain the maximum benefits, but also to stabilize Li Jiacheng, Chen Zengxi, Lee Shau Kee and other real estate business elites, one stone.

Hello, hello, everyone.

"If you can do that, that's great." Li Jiacheng nodded and said.

"Okay, that's it." Chen Zhiwen smiled and said: "By the way, there is one more thing, if Cheung Kong has developed some commercial office buildings with good locations, if you don't want to hold on to yourself, you can find land, and if the price is right, Hongkong Land may be able to buy it directly." ”

Hongkong Land is not very involved in the development of general office buildings, because the development of a property itself is very energy-consuming and time-consuming, and Hongkong Land itself is not very good at these, which is the specialty of Chinese real estate companies, although Hongkong Land has been acquired, but this aspect is still relatively weak.

However, if it is just to acquire a property, it is simple, spend money to buy, then rent out, and then collect rent.

Of course, Hongkong Land is not a small property, at least in a good location, and the area should not be very small.

"Okay, no problem, that's a good choice for me as well." Li Jiacheng readily agreed.

The scale of Cheung Kong is not small, but it is not large, the main expansion method at present is to keep buying land and then developing and then selling it back to recoup funds, making a profit from it, as for self-holding, appropriate can be had, but more will affect the operation of funds, only such a large company as Hongkong Land, the Hong Kong market is too small, can not be developed through the development of new properties to make large-scale profits, will give priority to the purchase of property to collect rent.

In fact, he is also very envious of this model, before the real estate crisis, Hongkong Land had a rental income of more than one billion a year, although the debt is very heavy, but there are still hundreds of millions of profits a year, which is much stronger than their real estate five tigers, Cheung Kong worked hard for a whole year, before the real estate crisis, the net profit barely exceeded 100 million.

Becoming a landmark, where you can lie down and collect rent, is the ultimate goal of Hong Kong real estate people.

"Okay, we'll talk to each other later." Chen Zhiwen nodded and said: "If you have any overseas projects, you can also show me, and if appropriate, I will also allow Hisense to lend." ”

"There's one recently." Li Jiacheng paused and said: "What does Chen Sheng think of the oil industry? ”

"You're going into the oil industry?" Chen Zhiwen asked in surprise.

In the original history, Li Jiacheng acquired a Canadian Husky Energy company, and the subsequent company became one of Li Jiacheng's five major businesses, with a market value of tens of billions of dollars.

However, this is because at that time, Hutchison of Li Jiacheng acquired HK Electric, and HK Electric has a heavy oil power plant, therefore, Li Jiacheng invested in Canada's energy industry through HK Electric, and then because of the skyrocketing oil prices, the value of Husky Energy skyrocketed, and it was privatized by Li Jiacheng.

And now, HK Electric is in his own hands, and he didn't expect that Li Jiacheng would still want to invest in the energy industry.

"Yes, there is an idea." Li Jiacheng nodded and said: "Chen Sheng, although I have not had in-depth exchanges with you, I have analyzed your family history, and I have also benefited from many investments with the help of international events, so if you don't mind, can you tell your opinion, will the price of oil be high again?" ”

"You want to invest in the oil industry, it seems that you think that the price of oil will rise again in the future?" Chen Zhiwen said with a light smile.

"Yes, I think so." Li Jiacheng nodded and said: "Buying on dips is the criterion of the real estate industry or the financial industry, but I think it is also suitable for other industries." ”

"This sentence is true, it's just that the acquisition of an oil company is not like a house or a stock, you just need to put it into operation, otherwise, if there is a problem with the operation, then even if the price of oil rises in the future, it will be a loss." Chen Zhiwen said.

This is also the reason why many companies change careers to real estate after success in their own industry, because the latter makes more money, and the management is actually much more comfortable than the industry.

"The operation management can continue to be in charge of the original team, just like Disney acquired by Chen Sheng." Li Jiacheng said: "I just need to wait for oil prices to recover, but when will oil prices rise, I'm not sure, that's the biggest risk." ”

"I don't know about this, there are too many factors that affect it, the global economy, OPEC mood, local wars, major shipping channel issues, and I don't know when I will be able to resume the previous high oil prices." Chen Zhiwen shook his head and said.

In fact, he knows that in the second half of the 80s, oil prices will not be high, because the United States needs oil prices to remain low, so that it can not only make its own economy better, but also hit the polar bear's export economic pillar, and in this era, the Middle East countries have better relations with the United States, and they are still more obedient, until the third oil crisis will rise sharply.

However, he can't tell anyone about this, even if it is the result of predicting prices, anyway, Li Jiacheng in the original history can survive the sharp rise in oil prices, so it should be okay now.

"Also, the price of oil, it is estimated that even the royal family of the Middle East or the president of the United States cannot predict it." Li Jiacheng said helplessly.

"In the long run, I'm still bullish on oil prices." Chen Zhiwen thought for a while and said: "The first is that the countries of the Middle East made hundreds of billions of dollars during the previous oil crisis, and it is also because of so much money that they can cooperate with the United States to carry out a low oil price strategy now, but in the long run, it is impossible, and the relationship is also temporary.

The second is that the economies of Asian countries, including the mainland and Southeast Asian countries, will inevitably develop rapidly because of globalization in the next ten years, although they will be far from the level of Western countries, but the population here is too large, and once the economy develops, the demand for oil will increase rapidly, and the speed of increasing the production of oil fields or the speed of discovering new oil fields will certainly not be able to compare with the new needs of these billions of people. ”

Whether Li Jiacheng will definitely invest in the oil industry, Chen Zhiwen is not sure, starting from his own interests, it is better to give him some encouragement.

"Chen Sheng's analysis is the same as I thought." Li Jiacheng nodded and said.

"I don't know which oil company Li Sheng wants to invest in?" Chen Zhiwen asked. Although I know it, I still have to ask.

"It's a Canadian energy company that specializes in oil sands called Husky Energy." Li Jiacheng said, this is not a big secret, don't say that you buy it yourself, as long as you have contact, you may not be able to hide it from someone who has a heart.

"Oil sands? This thing is indeed high-cost oil, and only when the price of oil is high can it make money. Chen Zhiwen said.

Normal oil fields, in which the oil is liquid, drilling, is also to "pump" the oil, but the oil sands are different, the same as coal, it is dug out, similar to the sand mixed with a lot of oil, belongs to the relatively low-level oil resources, mainly extracted, but also for the extraction of heavy oil and asphalt. The cost of this model is naturally high, and the refining price is not low.

However, although it is a low-grade energy source, it is also a kind of oil, before the oil crisis, the price of oil in the Middle East was two or three dollars a barrel, and naturally no one exploited this waste energy, but after the price of oil rose tenfold, then these are treasures.

At the height of the first oil crisis, France was in a hurry to find oil in the center of Paris, and the oil sands were also ready-made energy, which was much better than nothing.

But now, the price of oil has plummeted, and it is estimated that the energy companies that have invested in it have lost money, otherwise, Li Jiacheng, a Chinese, would not have had the opportunity to buy such an energy company.

"Yes, it's no longer cost-effective to refine the oil sands now, and Husky Energy is also a big energy company in Canada, but because of the overinvestment in the oil sands mining industry in the 70s, and now it's losing a lot of money, and the Canadian Imperial Bank asked me if I was interested." Li Jiacheng said: "Inside Husky, all the technology and management are still good, the only problem is that the price of oil has plummeted. ”

"It's a great opportunity." Chen Zhiwen nodded and said: "Once the price of oil rises, then you can immediately stop the loss and turn it into a profit." ”

"It's just too risky, even to maintain its basic operation, it needs to invest a lot of money every year, if the price of oil can't go up for a long time, once I can't bear it, it's over." Li Jiacheng shook his head and said.

"Why don't we work together?" Chen Zhiwen asked.

(End of chapter)