Chapter 618: [Cooperation or suppression? 】
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Chapter 618 [Cooperation or suppression? 】
Yuan Tianfan walked to the door of the boss’s office and knocked gently on the door three times;
"Come in!"
"boss!"
Wu Guangyao nodded, pointed to the sofa, and motioned Yuan Tianfan to sit down.
"Good performance in the United States!"
Wu Guangyao likes to praise and scold people, but they are definitely justified!
Yuan Tianfan joined Everbright Securities in 1976. After three years of training at Everbright Securities, he was sent by Wu Guangyao to the United States to participate in the commercial activities of Best Buy, Home Depot and other companies;
His performance, Everbright Securities and the family office are all feedback to Wu Guangyao;
In addition, the achievements made by Yuan Tianfan in the previous life, Wu Guangyao is already at ease with this 28-year-old man!
"I intend to let you serve as the president of Hutchison Telecommunications and a director of Hang Seng Bank!"
Wu Guangyao’s words surprised Yuan Tianfan. The boss values himself too much, right?
Even the parties concerned were so surprised. I believe that as soon as this news comes out, it will surely set off a wave on Hong Kong Island.
"Boss, does Hutchison Telecommunications intend to monopolize Hong Kong's telecommunications industry and want to acquire Hong Kong's Dadong Telegraph Bureau?"
Yuan Tianfan reacted quickly and quickly understood what Wu Guangyao meant!
Wu Guangyao nodded and motioned to Yuan Tianfan to continue talking!
Yuan Tianfan was encouraged and said again: "Then the boss must also be interested in the telecommunications industry in the United Kingdom. At this time, the United Kingdom is privatizing. If we can invest in British Telecom and monopolize Hong Kong Telecom, we can complement each other!"
Wu Guangyao said with a smile: "Yes, it seems that you have learned an international perspective in the United States this year! The telecommunications industry is an industry that I value more. It monopolizes the telecommunications industry in Hong Kong, invests in British telecommunications, and invests in Australia, Canada and other countries. The telecommunications industry can develop, it depends on how you plan!"
The telecommunications industry includes communications, networks, satellite phones, etc. The Hong Kong telecommunications industry is also a treasury of hundreds of billions of Hong Kong dollars;
In the previous life, Yuan Tianfan helped Li Chaoren’s eldest son by acquiring the Dadong Telegraph Bureau, which made a profit of 150 billion Hong Kong dollars in one fell swoop.
Therefore, Wu Guangyao intends to allow Yuan Tianfan to monopolize Hong Kong Telecom and invest in British Telecom, which is his first real experience.
Yuan Tianfan said seriously: "I will not let down the trust of the boss, I will complete the task beautifully!"
Wu Guangyao waved his hand and said, as the old saying goes, “It’s not to betray my trust, but to realize your own life value! The telecommunications industry is ready, and I won’t be stingy with the shares of Hutchison Telecommunications!”
High-level talents must be rewarded with shares. This has been Wu Guangyao's method for many years!
Yuan Tianfan suppressed the surprise (share award) in his heart, and said: "The boss is educating! But what is my task on Hang Seng Bank?"
If you talk about the post of president of Hutchison Telecommunications, Yuan Tianfan usually dare to think about it;
But as a director of Hang Seng Bank, the third largest bank on Hong Kong Island, Yuan Tianfan never dreamed that it would be his turn now!
Wu Guangyao's next words let Yuan Tianfan breathe a sigh of relief;
"It means going to the board of directors to show up, learning is the main thing, I trust the management of Hang Seng Bank! Also, on the side of Everbright Securities, you can also be an assistant to the chairman!"
"Okay, thank you boss for the promotion!"
It’s not too much to serve in three companies. Like Rong Bensheng, he has served as a director of about ten companies. It is a real person who can work harder!
After all, Wu Guangyao has too many companies on Hong Kong Island, joint ventures and holding companies.
Don’t talk about small companies, like some public affairs companies, Wu Guangyao himself has not moved the original management;
So I will send my own people to control the board of directors to prevent the management from becoming the king of self-reliance!
On this day, Wu Guangyao came to the Hongkong Electric Group;
Hongkong Electric Group CEO Martin and Jiahong Real Estate CEO Wu Zelin, the two came to Wu Guangyao's office together.
Hongkong Electric Group and China Gas are undoubtedly the two most valuable public utility companies in the hands of the Wu family;
The two companies control the energy supply on Hong Kong Island. Even if the Hong Kong government implements profit control, the annual net profit does not exceed 15%, but the profit is quite eye-catching!
Wu Guangyao looked at Martin and Wu Zelin, and found no signs of bad things, so he was very satisfied;
I am afraid that the foreign executives under his own self-confidence, dismissive of the Chinese executives, and do not cooperate with the work, this will affect very badly!
Wu Guangyao said with a smile: "Tell me, you two come to my office together, there must be something to report!"
Martin motioned to Wu Zelin to say!
Wu Zelin said, "Boss, it's like this: Jiahong Real Estate made a profit of 160 million Hong Kong dollars last year (1979). Together with the profits of other brother companies, the net profit of the entire group company was 320 million Hong Kong dollars a year. Plus the cash reserves of the group company. , We have nearly 500 million Hong Kong dollars in cash flow."
Wu Guangyao nodded, and said, "Yes! So, you got your idea above 500 million Hong Kong dollars!"
Wu Zelin said confidently: "Boss, although the Urban Garden project (formerly North Point Power Plant) can continue to bring real estate income to the Hongkong Electric Group, there is only one project after all! At present, the real estate market in Hong Kong is hot, so I looked for it. A great opportunity to ensure that the company's real estate business will take a step forward!"
Wu Guangyao patiently said: "Tell me!"
Wu Zelin leaned forward, with a hint of excitement on his face, and said: "Wheelock Group owns many properties that can be demolished and rebuilt; but Wheelock Group seems to have insufficient confidence in independent development of real estate, and their strategy is strong and strong. The real estate group of China cooperated to sell the property land owned by it to make profits."
Wu Guangyao suddenly, Wu Zelin may have approached Wheelock Group, otherwise he would not raise this question first!
"Have you been in contact with Wheelock?"
Wu Zelin nodded and said: "Well, I also found that Wheelock always cooperates with Huanghe Industrial to develop its properties. With the idea of giving it a try, I went to contact Mr. Madden! Unexpectedly, Mr. Madden heard me It was the boss's hand that came to interest; our Hongkong Electric Group has capital and rich experience in real estate, and soon reached an oral cooperation agreement!"
Hearing Huanghe Industrial, Wu Guangyao knew that Li Chaoren was a strong Xiaoqiang who could not be killed;
It turned out that Wu Guangyao thought that he had robbed Li Chaoren a lot of opportunities, Li Chaoren would definitely lag behind others in the real estate field, and the Yellow River Industrial Theory ranking might be outside the ten real estate on Hong Kong Island;
However, the fact is that Huanghe Industry has been looking for opportunities everywhere in the past few years. If there is not enough land in hand, it will find people with land to cooperate;
You should know that the real estate on Hong Kong Island has been hot in recent years, and some factories have wanted to develop their own factory skins, but they have no experience;
As soon as these people saw Li Chaoren come to the door, they hit it off, and the two sides cooperated in the development of real estate projects.
In addition to the factory, there are also established companies like Wheelock. There are also many properties that need to be rebuilt. Huanghe Industry has a lot of opportunities.
Currently, the market value of Huanghe Industry has ranked seventh in the real estate industry on Hong Kong Island, and it has performed very well!
"What is the specific project?"
"The three parties, including Real Estate Trust (Wheelock and Wheelock), Huanghe Industrial, and Jiahong Real Estate, invested a total of 3 billion Hong Kong dollars to rebuild and sell more than 20 properties under Wheelock!"
"When are these properties expected to be sold?"
"About a year!"
Hearing about one year, Wu Guangyao was relieved!
There are still two and eight months before the'China-British Negotiations'. You must get stuck!
And 1 billion Hong Kong dollars of funds is not difficult for the Hongkong Electric Group;
The Hongkong Electric Group has no liabilities, on the contrary there is a reserve fund frozen by the government;
The frozen reserve fund is more than 15% of the profit of the Hongkong Electric Company (only the power company). The Hongkong Electric Group can apply for the use of this reserve fund when operating losses or investing in new power plants occur;
But for investment in real estate, it is definitely not allowed to apply!
However, the HEC has excellent assets and ample profits. A loan of 500 million Hong Kong dollars is not a problem, even one billion Hong Kong dollars is fine!
"This project can be done! For loans, you can find Everbright Bank and Hang Seng Bank. The fertilizer will not flow into other people's fields, and the interest rate is guaranteed to be no higher than HSBC and Standard Chartered!"
"Yes, thank you boss for your support!"
Wu Guangyao seemed to have thought of something, and said to Wu Zelin: “Wheelock has two buildings under the banner of the Federal Building and the International Building. You can help me ask them if they are willing to sell it!”
Wu Zelin heard this and said confidently: “They will sell it! They even sell Wheelock Building and Madden Building after they are rebuilt, and these two buildings will definitely be sold too!”
Wu Guangyao nodded, even thinking about it!
The current thinking of the Madden family is whether the other side will confiscate Hong Kong assets, so they want to convert land assets into offshore assets (shipbuilding);
The Zhang Yuliang family of Wheelock Group also wanted to immigrate, so they also wanted to sell the property of Wheelock Group.
Speaking of the Federal Building and the International Building, Wu Guangyao can only say that Lao Li is sorry, and he robbed you of 600 million Hong Kong dollars in profits;
Why did you say you robbed Li Chaoren 600 million Hong Kong dollars?
It turned out that Wheelock had a strategy of using its properties as a'asset revaluation', and then using it as capital, and co-leasing an associated company with an external consortium; in the process of forming an associated company, Wheelock first received an'asset revaluation' The non-recurring profit of the joint venture company sells the property and then divides it into the profit.
The typical approach is:
In the previous life, in 1980, Federal Real Estate (a subsidiary of Wheelock and Company) and Cheung Kong Holdings (a subsidiary of Li Chaoren) formed a joint venture—Zhu Jian Investment, each holding 50% of the shares; Zhu Jian Investment first purchased the Federal Building and the International Building for 1 billion Hong Kong dollars. For this 1 billion Hong Kong dollar, Cheung Kong Holdings needs to pay 500 million Hong Kong dollars, that is, 500 million Hong Kong dollars in advance; Federal Real Estate does not pay a penny, and first collects 500 million Hong Kong dollars for the “asset revaluation fee”.
A few months later, the two buildings were sold for 2.2 billion Hong Kong dollars, and the two sides divided 1.1 billion Hong Kong dollars;
Equivalent to Wheelock's recovery of 1.6 billion Hong Kong dollars, Li Chaoren earned 600 million Hong Kong dollars!
Why is there such a beautiful operation?
Everything comes from Wheelock’s lack of confidence in real estate, and Li Chaoren knows that the real estate industry will become more and more prosperous;
Sure enough, the real estate on Hong Kong Island was fired crazy after a few months!
Thinking of this, Wu Guangyao worried that Wheelock would not sell the building directly, but wanted this kind of operation;
Therefore, Wu Guangyao reminded Wu Zelin: “If the two buildings are willing to sell, no matter what kind of cooperation is possible! If you sell directly to me, you will say that I offer 1.8 billion Hong Kong dollars!”
Wu Zelin was surprised and said: "The market price should be around 1.6 billion Hong Kong dollars, will the boss report higher!"
Wu Guangyao waved his hand and said: "You have said it is the market price. Now the real estate has appreciated rapidly, I don't want to consume it!"
Hundreds of millions of Hong Kong dollars, Wu Guangyao himself doesn't really care, but he feels that suppressing Li Chaoren is in line with his mood!
(End of this chapter)
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Chapter 618 [Cooperation or suppression? 】
Yuan Tianfan walked to the door of the boss’s office and knocked gently on the door three times;
"Come in!"
"boss!"
Wu Guangyao nodded, pointed to the sofa, and motioned Yuan Tianfan to sit down.
"Good performance in the United States!"
Wu Guangyao likes to praise and scold people, but they are definitely justified!
Yuan Tianfan joined Everbright Securities in 1976. After three years of training at Everbright Securities, he was sent by Wu Guangyao to the United States to participate in the commercial activities of Best Buy, Home Depot and other companies;
His performance, Everbright Securities and the family office are all feedback to Wu Guangyao;
In addition, the achievements made by Yuan Tianfan in the previous life, Wu Guangyao is already at ease with this 28-year-old man!
"I intend to let you serve as the president of Hutchison Telecommunications and a director of Hang Seng Bank!"
Wu Guangyao’s words surprised Yuan Tianfan. The boss values himself too much, right?
Even the parties concerned were so surprised. I believe that as soon as this news comes out, it will surely set off a wave on Hong Kong Island.
"Boss, does Hutchison Telecommunications intend to monopolize Hong Kong's telecommunications industry and want to acquire Hong Kong's Dadong Telegraph Bureau?"
Yuan Tianfan reacted quickly and quickly understood what Wu Guangyao meant!
Wu Guangyao nodded and motioned to Yuan Tianfan to continue talking!
Yuan Tianfan was encouraged and said again: "Then the boss must also be interested in the telecommunications industry in the United Kingdom. At this time, the United Kingdom is privatizing. If we can invest in British Telecom and monopolize Hong Kong Telecom, we can complement each other!"
Wu Guangyao said with a smile: "Yes, it seems that you have learned an international perspective in the United States this year! The telecommunications industry is an industry that I value more. It monopolizes the telecommunications industry in Hong Kong, invests in British telecommunications, and invests in Australia, Canada and other countries. The telecommunications industry can develop, it depends on how you plan!"
The telecommunications industry includes communications, networks, satellite phones, etc. The Hong Kong telecommunications industry is also a treasury of hundreds of billions of Hong Kong dollars;
In the previous life, Yuan Tianfan helped Li Chaoren’s eldest son by acquiring the Dadong Telegraph Bureau, which made a profit of 150 billion Hong Kong dollars in one fell swoop.
Therefore, Wu Guangyao intends to allow Yuan Tianfan to monopolize Hong Kong Telecom and invest in British Telecom, which is his first real experience.
Yuan Tianfan said seriously: "I will not let down the trust of the boss, I will complete the task beautifully!"
Wu Guangyao waved his hand and said, as the old saying goes, “It’s not to betray my trust, but to realize your own life value! The telecommunications industry is ready, and I won’t be stingy with the shares of Hutchison Telecommunications!”
High-level talents must be rewarded with shares. This has been Wu Guangyao's method for many years!
Yuan Tianfan suppressed the surprise (share award) in his heart, and said: "The boss is educating! But what is my task on Hang Seng Bank?"
If you talk about the post of president of Hutchison Telecommunications, Yuan Tianfan usually dare to think about it;
But as a director of Hang Seng Bank, the third largest bank on Hong Kong Island, Yuan Tianfan never dreamed that it would be his turn now!
Wu Guangyao's next words let Yuan Tianfan breathe a sigh of relief;
"It means going to the board of directors to show up, learning is the main thing, I trust the management of Hang Seng Bank! Also, on the side of Everbright Securities, you can also be an assistant to the chairman!"
"Okay, thank you boss for the promotion!"
It’s not too much to serve in three companies. Like Rong Bensheng, he has served as a director of about ten companies. It is a real person who can work harder!
After all, Wu Guangyao has too many companies on Hong Kong Island, joint ventures and holding companies.
Don’t talk about small companies, like some public affairs companies, Wu Guangyao himself has not moved the original management;
So I will send my own people to control the board of directors to prevent the management from becoming the king of self-reliance!
On this day, Wu Guangyao came to the Hongkong Electric Group;
Hongkong Electric Group CEO Martin and Jiahong Real Estate CEO Wu Zelin, the two came to Wu Guangyao's office together.
Hongkong Electric Group and China Gas are undoubtedly the two most valuable public utility companies in the hands of the Wu family;
The two companies control the energy supply on Hong Kong Island. Even if the Hong Kong government implements profit control, the annual net profit does not exceed 15%, but the profit is quite eye-catching!
Wu Guangyao looked at Martin and Wu Zelin, and found no signs of bad things, so he was very satisfied;
I am afraid that the foreign executives under his own self-confidence, dismissive of the Chinese executives, and do not cooperate with the work, this will affect very badly!
Wu Guangyao said with a smile: "Tell me, you two come to my office together, there must be something to report!"
Martin motioned to Wu Zelin to say!
Wu Zelin said, "Boss, it's like this: Jiahong Real Estate made a profit of 160 million Hong Kong dollars last year (1979). Together with the profits of other brother companies, the net profit of the entire group company was 320 million Hong Kong dollars a year. Plus the cash reserves of the group company. , We have nearly 500 million Hong Kong dollars in cash flow."
Wu Guangyao nodded, and said, "Yes! So, you got your idea above 500 million Hong Kong dollars!"
Wu Zelin said confidently: "Boss, although the Urban Garden project (formerly North Point Power Plant) can continue to bring real estate income to the Hongkong Electric Group, there is only one project after all! At present, the real estate market in Hong Kong is hot, so I looked for it. A great opportunity to ensure that the company's real estate business will take a step forward!"
Wu Guangyao patiently said: "Tell me!"
Wu Zelin leaned forward, with a hint of excitement on his face, and said: "Wheelock Group owns many properties that can be demolished and rebuilt; but Wheelock Group seems to have insufficient confidence in independent development of real estate, and their strategy is strong and strong. The real estate group of China cooperated to sell the property land owned by it to make profits."
Wu Guangyao suddenly, Wu Zelin may have approached Wheelock Group, otherwise he would not raise this question first!
"Have you been in contact with Wheelock?"
Wu Zelin nodded and said: "Well, I also found that Wheelock always cooperates with Huanghe Industrial to develop its properties. With the idea of giving it a try, I went to contact Mr. Madden! Unexpectedly, Mr. Madden heard me It was the boss's hand that came to interest; our Hongkong Electric Group has capital and rich experience in real estate, and soon reached an oral cooperation agreement!"
Hearing Huanghe Industrial, Wu Guangyao knew that Li Chaoren was a strong Xiaoqiang who could not be killed;
It turned out that Wu Guangyao thought that he had robbed Li Chaoren a lot of opportunities, Li Chaoren would definitely lag behind others in the real estate field, and the Yellow River Industrial Theory ranking might be outside the ten real estate on Hong Kong Island;
However, the fact is that Huanghe Industry has been looking for opportunities everywhere in the past few years. If there is not enough land in hand, it will find people with land to cooperate;
You should know that the real estate on Hong Kong Island has been hot in recent years, and some factories have wanted to develop their own factory skins, but they have no experience;
As soon as these people saw Li Chaoren come to the door, they hit it off, and the two sides cooperated in the development of real estate projects.
In addition to the factory, there are also established companies like Wheelock. There are also many properties that need to be rebuilt. Huanghe Industry has a lot of opportunities.
Currently, the market value of Huanghe Industry has ranked seventh in the real estate industry on Hong Kong Island, and it has performed very well!
"What is the specific project?"
"The three parties, including Real Estate Trust (Wheelock and Wheelock), Huanghe Industrial, and Jiahong Real Estate, invested a total of 3 billion Hong Kong dollars to rebuild and sell more than 20 properties under Wheelock!"
"When are these properties expected to be sold?"
"About a year!"
Hearing about one year, Wu Guangyao was relieved!
There are still two and eight months before the'China-British Negotiations'. You must get stuck!
And 1 billion Hong Kong dollars of funds is not difficult for the Hongkong Electric Group;
The Hongkong Electric Group has no liabilities, on the contrary there is a reserve fund frozen by the government;
The frozen reserve fund is more than 15% of the profit of the Hongkong Electric Company (only the power company). The Hongkong Electric Group can apply for the use of this reserve fund when operating losses or investing in new power plants occur;
But for investment in real estate, it is definitely not allowed to apply!
However, the HEC has excellent assets and ample profits. A loan of 500 million Hong Kong dollars is not a problem, even one billion Hong Kong dollars is fine!
"This project can be done! For loans, you can find Everbright Bank and Hang Seng Bank. The fertilizer will not flow into other people's fields, and the interest rate is guaranteed to be no higher than HSBC and Standard Chartered!"
"Yes, thank you boss for your support!"
Wu Guangyao seemed to have thought of something, and said to Wu Zelin: “Wheelock has two buildings under the banner of the Federal Building and the International Building. You can help me ask them if they are willing to sell it!”
Wu Zelin heard this and said confidently: “They will sell it! They even sell Wheelock Building and Madden Building after they are rebuilt, and these two buildings will definitely be sold too!”
Wu Guangyao nodded, even thinking about it!
The current thinking of the Madden family is whether the other side will confiscate Hong Kong assets, so they want to convert land assets into offshore assets (shipbuilding);
The Zhang Yuliang family of Wheelock Group also wanted to immigrate, so they also wanted to sell the property of Wheelock Group.
Speaking of the Federal Building and the International Building, Wu Guangyao can only say that Lao Li is sorry, and he robbed you of 600 million Hong Kong dollars in profits;
Why did you say you robbed Li Chaoren 600 million Hong Kong dollars?
It turned out that Wheelock had a strategy of using its properties as a'asset revaluation', and then using it as capital, and co-leasing an associated company with an external consortium; in the process of forming an associated company, Wheelock first received an'asset revaluation' The non-recurring profit of the joint venture company sells the property and then divides it into the profit.
The typical approach is:
In the previous life, in 1980, Federal Real Estate (a subsidiary of Wheelock and Company) and Cheung Kong Holdings (a subsidiary of Li Chaoren) formed a joint venture—Zhu Jian Investment, each holding 50% of the shares; Zhu Jian Investment first purchased the Federal Building and the International Building for 1 billion Hong Kong dollars. For this 1 billion Hong Kong dollar, Cheung Kong Holdings needs to pay 500 million Hong Kong dollars, that is, 500 million Hong Kong dollars in advance; Federal Real Estate does not pay a penny, and first collects 500 million Hong Kong dollars for the “asset revaluation fee”.
A few months later, the two buildings were sold for 2.2 billion Hong Kong dollars, and the two sides divided 1.1 billion Hong Kong dollars;
Equivalent to Wheelock's recovery of 1.6 billion Hong Kong dollars, Li Chaoren earned 600 million Hong Kong dollars!
Why is there such a beautiful operation?
Everything comes from Wheelock’s lack of confidence in real estate, and Li Chaoren knows that the real estate industry will become more and more prosperous;
Sure enough, the real estate on Hong Kong Island was fired crazy after a few months!
Thinking of this, Wu Guangyao worried that Wheelock would not sell the building directly, but wanted this kind of operation;
Therefore, Wu Guangyao reminded Wu Zelin: “If the two buildings are willing to sell, no matter what kind of cooperation is possible! If you sell directly to me, you will say that I offer 1.8 billion Hong Kong dollars!”
Wu Zelin was surprised and said: "The market price should be around 1.6 billion Hong Kong dollars, will the boss report higher!"
Wu Guangyao waved his hand and said: "You have said it is the market price. Now the real estate has appreciated rapidly, I don't want to consume it!"
Hundreds of millions of Hong Kong dollars, Wu Guangyao himself doesn't really care, but he feels that suppressing Li Chaoren is in line with his mood!
(End of this chapter)
Chapter 618 Cooperation or suppression? Yuan Tianfan walked to the door of the boss's office and knocked gently on the door three times;"Come in!""boss!"Wu Guangyao nodded, pointed to the sofa, and motioned Yuan Tianfan to sit down."Good performance in the United States!"Wu Guangyao likes to praise and scold people, but they are definitely justified!Yuan Tianfan joined Everbright Securities in 1976. After three years of training at Everbright Securities, he was sent by Wu Guangyao to the United States to participate in the commercial activities of Best Buy, Home Depot and other companies;His performance, Everbright Securities and the family office are all feedback to Wu Guangyao;In addition, the achievements made by Yuan Tianfan in the previous life, Wu Guangyao is already at ease with this 28-year-old man!"I intend to let you serve as the president of Hutchison Telecommunications and a director of Hang Seng Bank!"Wu Guangyao's words surprised Yuan Tianfan. The boss values himself too much, right?Even the parties concerned were so surprised. I believe that as soon as this news comes out, it will surely set off a wave on Hong Kong Island."Boss, does Hutchison Telecommunications intend to monopolize Hong Kong's telecommunications industry and want to acquire Hong Kong's Dadong Telegraph Bureau?"Yuan Tianfan reacted quickly and quickly understood what Wu Guangyao meant!Wu Guangyao nodded and motioned to Yuan Tianfan to continue talking!Yuan Tianfan was encouraged and said again: "Then the boss must also be interested in the telecommunications industry in the United Kingdom. At this time, the United Kingdom is privatizing. If we can invest in British Telecom and monopolize Hong Kong Telecom, we can complement each other!"Wu Guangyao said with a smile: "Yes, it seems that you have learned an international perspective in the United States this year! The telecommunications industry is an industry that I value more. It monopolizes the telecommunications industry in Hong Kong, invests in British telecommunications, and invests in Australia, Canada and other countries. The telecommunications industry can develop, it depends on how you plan!"The telecommunications industry includes communications, networks, satellite phones, etc. The Hong Kong telecommunications industry is also a treasury of hundreds of billions of Hong Kong dollars;In the previous life, Yuan Tianfan helped Li Chaoren's eldest son by acquiring the Dadong Telegraph Bureau, which made a profit of 150 billion Hong Kong dollars in one fell swoop.Therefore, Wu Guangyao intends to allow Yuan Tianfan to monopolize Hong Kong Telecom and invest in British Telecom, which is his first real experience.Yuan Tianfan said seriously: "I will not let down the trust of the boss, I will complete the task beautifully!"Wu Guangyao waved his hand and said, as the old saying goes, It's not to betray my trust, but to realize your own life value! The telecommunications industry is ready, and I won't be stingy with the shares of Hutchison Telecommunications!High-level talents must be rewarded with shares. This has been Wu Guangyao's method for many years!Yuan Tianfan suppressed the surprise share award in his heart, and said: "The boss is educating! But what is my task on Hang Seng Bank?"If you talk about the post of president of Hutchison Telecommunications, Yuan Tianfan usually dare to think about it;But as a director of Hang Seng Bank, the third largest bank on Hong Kong Island, Yuan Tianfan never dreamed that it would be his turn now!Wu Guangyao's next words let Yuan Tianfan breathe a sigh of relief;"It means going to the board of directors to show up, learning is the main thing, I trust the management of Hang Seng Bank! Also, on the side of Everbright Securities, you can also be an assistant to the chairman!""Okay, thank you boss for the promotion!"It's not too much to serve in three companies. Like Rong Bensheng, he has served as a director of about ten companies. It is a real person who can work harder!After all, Wu Guangyao has too many companies on Hong Kong Island, joint ventures and holding companies.Don't talk about small companies, like some public affairs companies, Wu Guangyao himself has not moved the original management;So I will send my own people to control the board of directors to prevent the management from becoming the king of self-reliance!On this day, Wu Guangyao came to the Hongkong Electric Group;Hongkong Electric Group CEO Martin and Jiahong Real Estate CEO Wu Zelin, the two came to Wu Guangyao's office together.Hongkong Electric Group and China Gas are undoubtedly the two most valuable public utility companies in the hands of the Wu family;The two companies control the energy supply on Hong Kong Island. Even if the Hong Kong government implements profit control, the annual net profit does not exceed 15%, but the profit is quite eye-catching!Wu Guangyao looked at Martin and Wu Zelin, and found no signs of bad things, so he was very satisfied;I am afraid that the foreign executives under his own self-confidence, dismissive of the Chinese executives, and do not cooperate with the work, this will affect very badly!Wu Guangyao said with a smile: "Tell me, you two come to my office together, there must be something to report!"Martin motioned to Wu Zelin to say!Wu Zelin said, "Boss, it's like this: Jiahong Real Estate made a profit of 160 million Hong Kong dollars last year 1979. Together with the profits of other brother companies, the net profit of the entire group company was 320 million Hong Kong dollars a year. Plus the cash reserves of the group company. , We have nearly 500 million Hong Kong dollars in cash flow."Wu Guangyao nodded, and said, "Yes! So, you got your idea above 500 million Hong Kong dollars!"Wu Zelin said confidently: "Boss, although the Urban Garden project formerly North Point Power Plant can continue to bring real estate income to the Hongkong Electric Group, there is only one project after all! At present, the real estate market in Hong Kong is hot, so I looked for it. A great opportunity to ensure that the company's real estate business will take a step forward!"Wu Guangyao patiently said: "Tell me!"Wu Zelin leaned forward, with a hint of excitement on his face, and said: "Wheelock Group owns many properties that can be demolished and rebuilt; but Wheelock Group seems to have insufficient confidence in independent development of real estate, and their strategy is strong and strong. The real estate group of China cooperated to sell the property land owned by it to make profits."Wu Guangyao suddenly, Wu Zelin may have approached Wheelock Group, otherwise he would not raise this question first!"Have you been in contact with Wheelock?"Wu Zelin nodded and said: "Well, I also found that Wheelock always cooperates with Huanghe Industrial to develop its properties. With the idea of giving it a try, I went to contact Mr. Madden! Unexpectedly, Mr. Madden heard me It was the boss's hand that came to interest; our Hongkong Electric Group has capital and rich experience in real estate, and soon reached an oral cooperation agreement!"Hearing Huanghe Industrial, Wu Guangyao knew that Li Chaoren was a strong Xiaoqiang who could not be killed;It turned out that Wu Guangyao thought that he had robbed Li Chaoren a lot of opportunities, Li Chaoren would definitely lag behind others in the real estate field, and the Yellow River Industrial Theory ranking might be outside the ten real estate on Hong Kong Island;However, the fact is that Huanghe Industry has been looking for opportunities everywhere in the past few years. If there is not enough land in hand, it will find people with land to cooperate;You should know that the real estate on Hong Kong Island has been hot in recent years, and some factories have wanted to develop their own factory skins, but they have no experience;As soon as these people saw Li Chaoren come to the door, they hit it off, and the two sides cooperated in the development of real estate projects.In addition to the factory, there are also established companies like Wheelock. There are also many properties that need to be rebuilt. Huanghe Industry has a lot of opportunities.Currently, the market value of Huanghe Industry has ranked seventh in the real estate industry on Hong Kong Island, and it has performed very well!"What is the specific project?""The three parties, including Real Estate Trust Wheelock and Wheelock, Huanghe Industrial, and Jiahong Real Estate, invested a total of 3 billion Hong Kong dollars to rebuild and sell more than 20 properties under Wheelock!""When are these properties expected to be sold?""About a year!"Hearing about one year, Wu Guangyao was relieved!There are still two and eight months before the'China-British Negotiations'. You must get stuck!And 1 billion Hong Kong dollars of funds is not difficult for the Hongkong Electric Group;The Hongkong Electric Group has no liabilities, on the contrary there is a reserve fund frozen by the government;The frozen reserve fund is more than 15% of the profit of the Hongkong Electric Company only the power company. The Hongkong Electric Group can apply for the use of this reserve fund when operating losses or investing in new power plants occur;But for investment in real estate, it is definitely not allowed to apply!However, the HEC has excellent assets and ample profits. A loan of 500 million Hong Kong dollars is not a problem, even one billion Hong Kong dollars is fine!"This project can be done! For loans, you can find Everbright Bank and Hang Seng Bank. The fertilizer will not flow into other people's fields, and the interest rate is guaranteed to be no higher than HSBC and Standard Chartered!""Yes, thank you boss for your support!"Wu Guangyao seemed to have thought of something, and said to Wu Zelin: Wheelock has two buildings under the banner of the Federal Building and the International Building. You can help me ask them if they are willing to sell it!Wu Zelin heard this and said confidently: They will sell it! They even sell Wheelock Building and Madden Building after they are rebuilt, and these two buildings will definitely be sold too!Wu Guangyao nodded, even thinking about it!The current thinking of the Madden family is whether the other side will confiscate Hong Kong assets, so they want to convert land assets into offshore assets shipbuilding;The Zhang Yuliang family of Wheelock Group also wanted to immigrate, so they also wanted to sell the property of Wheelock Group.Speaking of the Federal Building and the International Building, Wu Guangyao can only say that Lao Li is sorry, and he robbed you of 600 million Hong Kong dollars in profits;Why did you say you robbed Li Chaoren 600 million Hong Kong dollars?It turned out that Wheelock had a strategy of using its properties as a'asset revaluation', and then using it as capital, and co-leasing an associated company with an external consortium; in the process of forming an associated company, Wheelock first received an'asset revaluation' The non-recurring profit of the joint venture company sells the property and then divides it into the profit.The typical approach is:In the previous life, in 1980, Federal Real Estate a subsidiary of Wheelock and Company and Cheung Kong Holdings a subsidiary of Li Chaoren formed a joint ventureZhu Jian Investment, each holding 50% of the shares; Zhu Jian Investment first purchased the Federal Building and the International Building for 1 billion Hong Kong dollars. For this 1 billion Hong Kong dollar, Cheung Kong Holdings needs to pay 500 million Hong Kong dollars, that is, 500 million Hong Kong dollars in advance; Federal Real Estate does not pay a penny, and first collects 500 million Hong Kong dollars for the asset revaluation fee.A few months later, the two buildings were sold for 2.2 billion Hong Kong dollars, and the two sides divided 1.1 billion Hong Kong dollars;Equivalent to Wheelock's recovery of 1.6 billion Hong Kong dollars, Li Chaoren earned 600 million Hong Kong dollars!Why is there such a beautiful operation?Everything comes from Wheelock's lack of confidence in real estate, and Li Chaoren knows that the real estate industry will become more and more prosperous;Sure enough, the real estate on Hong Kong Island was fired crazy after a few months!Thinking of this, Wu Guangyao worried that Wheelock would not sell the building directly, but wanted this kind of operation;Therefore, Wu Guangyao reminded Wu Zelin: If the two buildings are willing to sell, no matter what kind of cooperation is possible! If you sell directly to me, you will say that I offer 1.8 billion Hong Kong dollars!Wu Zelin was surprised and said: "The market price should be around 1.6 billion Hong Kong dollars, will the boss report higher!"Wu Guangyao waved his hand and said: "You have said it is the market price. Now the real estate has appreciated rapidly, I don't want to consume it!"Hundreds of millions of Hong Kong dollars, Wu Guangyao himself doesn't really care, but he feels that suppressing Li Chaoren is in line with his mood!End of this chapter
