577 About Bao Yugang, branch Defeng

"Yes, Chen Sheng, our Zhang family, this time we will empty the Wheelock shares in our hands." Zhang Yuliang nodded and said: "But I have a request, Chen Sheng also knows, Malaysia's Chinese billionaire Qiu Teck Puat bought 14% of the shares from John Stool, and now Qiu Teck Puat has publicly prepared to buy Wheelock Company, I hope that after I sell Wheelock shares, Chen Sheng can completely take over Wheelock Company, so that he is still in the hands of our Hong Kong Chinese like Wharf." ”

"You should have more than 30% of the shares, right? Why don't you continue to acquire it yourself, if it is a matter of funds, with the equity in your hands, find any bank as collateral, and it should not be difficult to obtain an additional amount of sufficient funds for the acquisition, and with a veto in hand, then no matter how powerful Qiu Dep is, he will not be able to turn the sky upside down. Chen Zhiwen also asked curiously.

Owning 30% of the shares, under the current laws and regulations of the Hong Kong market, it is basically impossible to be forcibly acquired by outsiders, because if the acquirer wants to exceed 30% of the right to speak, it is very easy to touch the 34.9% acquisition invitation regulations.

"Our Zhang family has no actual management experience for many years, so we don't plan to personally participate in the operation, and we still have self-knowledge of this." Zhang Yuliang said with a smile.

"With this kind of thought, it's actually very good, I'm not afraid that the rich second generation will spend money indiscriminately, I'm afraid that the rich second generation will seek progress." Chen Zhiwen smiled and said. This law has really been proved to be a good word in the mainland in later generations, such as Wang Gongzi is happy every day, and Princess Wei is working hard to run the family business in crisis.

"This is the ancestral motto of our Zhang family, unless the descendants of our family have the ability to make a career on their own, otherwise, we will hand over many companies to professional managers, or we will only be investors behind and invest in capable people." Zhang Yuliang said: "We chose Wheelock, but also because of the fourth largest foreign company in Hong Kong, and also because of John's ability, but we didn't expect that we trusted him so much, he didn't even say a word, and sold all the shares in his hands." ”

"Maybe it's because I want to be in a hurry to cash out." Chen Zhiwen said.

In recent years, due to the impact of the Hong Kong real estate crisis and the main shipping crisis, Wheelock's stock price has been sluggish for several years, and Chen Zhiwen has acquired Hutchison and Jardine Matheson in a row.

Wheelock's shareholding structure is a little different from that of ordinary companies, the Zhang Yuliang family controls more than 3% of Wheelock's equity, but the Zhang family is now the third generation in power, and the whole family basically does not participate in direct business, and has been trying to maintain the assets of their ancestors, so the management rights are handed over to John Stool, who has been managing Wheelock, who only has 14% of Wheelock's shares.

John Stool's business strategy is similar to that of the former Keswick family or Niu Bijian, only caring about the scale of his assets, rather than the Chinese family, preferring the small scale of the company to ensure his absolute control, the unique model of the two is also very well matched.

It's just that the Hong Kong real estate crisis in the early 80s and the global shipping crisis hit Wheelock together, making it difficult for the whole company to operate, and the "Joint Convention" at the end of last year hit a lot of British capital in Hong Kong, except for a few British-funded companies such as Swire, many others want to run away, the original historical Jardine Matheson will also transfer its registered place, and HSBC also transferred a large number of assets of the company through several international mergers and acquisitions in the 90s.

Although this John Stool is British, he has been in Asia for most of his life, and he knows many Asian billionaires, and the Malay billionaire Khoo Teck Puat is one of them, and the two don't know how long they discussed, and finally John Stool sold all his stocks, patted his ass and left, which is estimated to make the Zhang family angry.

However, Chen Zhiwen understands John's approach to the stool, because John knows that the Ma family actually has the same idea as him, and the two major shareholders of Willock want to cash out and leave, as for the future of Wheelock, no one cares, as long as he can cash out and leave.

Although the Ma family is Chinese, they have been under British management for too long, and they tend to be managed by the British, otherwise, John Stool only has 14% of the shares, and the Zhang family has more than 3 percent, and the shares acquired by Qiu Deba cannot be turned over at all, and the Ma family is angry because John Stool ran away first, leaving a lot of trouble for himself, but if John does not run, it is estimated that the Ma family will run first.

So it's the eldest brother laughing at the second brother, on the shopping mall, that's it, if you don't feel ruthless, you will be cheated by others, and you are ready to flee, whoever ran first and the people behind are naturally very angry, but you don't know that you just hate yourself for not running first.

"Whatever the reason, it doesn't matter now." Zhang Yuliang continued: "Chen Sheng, you have acquired Hutchison and Jardine Matheson, I admire you very much, if you acquire Wheelock again, then the entire British capital in Hong Kong, except for the Swire Group, which is half controlled by the Swire family, and the quasi-central bank HSBC, the others, there will be no scale, this is also the peak moment of our Hong Kong Chinese." ”

"A Wheelock wouldn't be so powerful." Chen Zhiwen shook his head and said: "Wheelock is not worth much, the problem is that I am not involved in shipping, and I don't understand these things, so I don't want to participate." ”

Although you can find professional people to manage various businesses, such as KFC, Costco, etc., but the premise is that you have a strong future, the shipping industry, can not be said to be bad, and its prospects are no less than some real estate industries, but if you want to do this, you must have a sufficient understanding of the fluctuations of the Hong Kong real estate market as Chen Zhiwen.

The volatility of the shipping market is great, and even more than the real estate industry, if you take advantage of the shipping trough to buy all kinds of ships, and then sell them when the shipping bull market is in the shipping market, it is indeed very profitable, but there are many risks in this, because the maintenance cost of a large number of ships is very high, unlike the real estate industry can also collect rent, the most important thing is that Chen Zhiwen has not participated in the shipping industry in his previous life, but he probably knows that the shipping market will take off when there is a problem in the Middle East, and the shipping market will be sluggish when oil prices are high. There is also the global economy and the total tonnage of global ships, etc., which can be said to be super complicated, and Chen Zhiwen is too lazy to participate.

"Chen Sheng, there are several Chinese ship kings in Hong Kong, there are also a large number of talents in the shipping industry, you can hire a professional team to manage, although my Zhang family does not understand shipping, but because of the long-term investment in Wheelock, I also roughly understand a little, the general shipping crisis is the same as the Hong Kong real estate crisis, it will be two or three years, this time from 82 years, to today should be about the same, Chen Sheng acquired Wheelock, as long as the shipping market recovers, will be able to obtain great benefits." Zhang Yuliang said with a smile.

"Zhang Sheng doesn't need to say any more." Chen Zhiwen shook his head and said: "The business of my company has enough, and I don't want to participate in the shipping industry." ”

"Didn't Mr. Chen also invest in OOCL? Why don't you want to invest in Wheelock, and it's still an acquisition, isn't it better? Zhang Yuliang asked, he was puzzled, some time ago the market rumored that Chen Zhiwen had invested in Orient Overseas and allowed Hisense Bank to provide financial assistance to him, which made many experts in the market think that Chen Zhiwen's next investment industry will be the shipping industry, which is also in line with the logic of many people, Hong Kong's rich people, all like to diversify and expand, although Chen Songqing was a huge fraud, but also after the development, investment in shipping, is just the use of shipping stocks to cheat money, can be deceived, but also shows that Hong Kong's financial market, This expansion model is the default.

Zhang Yuliang also decided to find Chen Zhiwen because he knew about it, if Chen Zhiwen himself wanted to enter the shipping market, then his family also wanted to cash out the assets in his hands and leave, but it was a perfect match, and his own side would inevitably be able to make a lot of profits, but he didn't expect it, and was directly rejected by Chen Zhiwen.

"For OOCL, it's just an investment, not so much that I'm investing in OOCL, but rather the two brothers of the Dong family, who are very capable, and I believe that they can run OOCL well." Chen Zhiwen said with a smile.

The current people, even the Dong family themselves and Huo Yingdong, can't think of the Dong family's achievements in the future.

"The two members of the Dong family are indeed very powerful, OOCL owes more than 10 billion Hong Kong dollars in foreign debts, and I am also very impressed that they can persist for more than two years and persuade so many creditor banks." Zhang Yuliang nodded and said.

Hong Kong's mainstream Chinese wealthy families today are basically the first generation of entrepreneurs, such as the five tigers of real estate, not the previous generation, but the top Chinese families of the previous generation, after being passed on to the next generation, they can only remain mediocre, and there is no longer the light of the fathers, most of the second generation does not have the ability of the first generation, but the Dong family is different, Dong Haoyun is very capable, and his two sons are the same.

In the past few years, the market has also been rumored that the Dong brothers and the news of the confrontation with the creditor banks of various countries, so that many people can't help but sweat, although there are many debts, the bank does not dare to force too much, but the premise is that you still have a chance to turn over, have the opportunity to be able to repay all the debts, once the bank determines that this must be a bad debt, then it will definitely pounce with the wolves, if you want to maintain it for so long, you must have enough eloquence and ability, so many creditor banks believe you, it is very difficult, and it is not an exaggeration to describe it against the sky.

"We don't have to say much about the Dong family." Chen Zhiwen paused and asked, "Zhang Sheng, take the liberty of asking, are your Zhang family also preparing to withdraw from Hong Kong?" ”

Saying the word "also", in fact, is also because since Hong Kong determined that after the return to the motherland in 1997, many wealthy families in Hong Kong began to prepare to run away, and even some wanted to arrange, so they arranged for some family members to go, such as their children to take the nationality of other countries, or some assets to transfer away, this is the current Hong Kong market norm, some people think that Hong Kong's future will inevitably be better, and some people think that it must be bad, want to run away, and even the current Hong Kong real estate market and stock market have not recovered quickly, It is because there are a group of people who are constantly cashing out assets and preparing to leave the market, even if some people are optimistic about increasing their investment, but other people are selling, and naturally they will not be able to rise.

"Yes, our Zhang family is still conservative, and we don't want to be as developed as Chen Sheng, as long as the whole family can live with peace of mind." Zhang Yuliang just said simply, everyone knows what this kind of thing is going on, and at the same time, what kind of ideas they have, they have already had it, and it is basically impossible to change it.

"Everyone has their own aspirations, in fact, it is good to be able to keep the family wealth of their ancestors." Chen Zhiwen said with a smile, the rich can not be three generations, not because the people after the three generations spend too much, but because they don't count their own abilities.

"Let Chen Shengjian smile." Zhang Yuliang didn't say more, compared to Chen Zhiwen, even if it was his father, it was a lot worse.

"Since the Zhang family is ready to leave Hong Kong, I can arrange for Hongkong Land to take over many of your family's properties in Hong Kong, and the price will be according to the normal market price, how about it?" Chen Zhiwen also said that he would not personally ask about ordinary small real estate companies, but this kind of family, which has been developing in Hong Kong for decades, has very rare high-quality assets in their hands, such as the Zhang family, which holds properties in several commercial streets in Hong Kong.

It is the whole street, or at least about half of it is his house, such a property, even Chen Zhiwen does not have much, Hongkong Land has more valuable office buildings and shopping malls, and even can continue to build, but the commercial street cannot be copied, just like the mainland in later generations, shopping malls can be built more, but commercial streets, there are only a few in one place.

"Chen Sheng, although our Zhang family is preparing to transfer assets to Australia for some reasons, we will not leave Hong Kong in the short term, so even if we sell property, it will only be a part." Zhang Yuliang thought about it and said, he didn't refuse, anyway, if he sells it to anyone, if he gives it to Land, at least the transaction in terms of funds will be more refreshing.

"That's fine." Chen Zhiwen nodded and agreed, some families still want to gamble on both sides.

"Mr. Chen, in fact, Wheelock also owns a lot of high-quality properties, and a few years ago we also traded two towers, the federal and the international, which are Wheelock's best assets, but they are not the only ones." Zhang Yuliang said again, obviously he still wants to lure Chen Zhiwen, although these assets will not be disposed of, but they can be sold to one person, which will obviously be more cost-effective and energy-saving.

"To acquire Wheelock, then we must be responsible for the shipping company, so I will discuss with Mr. Bao Yugang, the king of the ship, and maybe, he and I can buy Wheelock together." Chen Zhiwen thought about it and said, although Wheelock was ranked last among the four major foreign banks, it can develop for a hundred years, even if it does not pay attention to the real estate industry, it still has a large number of high-quality land, especially now that Hong Kong's housing prices and land prices have not yet taken off, the benefits must be very high.

"Okay, then I'll wait for your good news." Zhang Yuliang hurriedly said, in fact, he also knew that Bao Yugang was suitable to take over Wheelock, but their Zhang family and the Bao family were not familiar with each other, and they had nothing to do with each other and went directly to the door, so even if they agreed, they were not allowed to kill them, and he and Chen Zhiwen had more or less met a few times, at least they knew each other, and the Chen family's financial resources were stronger, which was in line with their interests.

The next day, Chen Zhiwen asked Bao Yugang to come here again, and told him all about Zhang Yuliang's coming to him yesterday.

"Wheelock's shipping business is indeed a good match with global shipping, they are mainly engaged in bulk business, and my main business is oil tankers, but there is no conflict." After listening to this, Bao Yugang paused and said: "It's just a bit risky, and now this shipping crisis, I don't know when it will end." (End of chapter)