Chapter 638: [Cracking the conspiracy of the serial ship! 】(Big
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Chapter 638 [Cracking the Conspiracy of the Serial Ship! 】(Large Chapter)
Lei Hong, general manager of Everbright Bank, came to Wu Guangyao's office.
"Boss, I have something to report to you!"
"Sit down and say!"
Leihong sat on the sofa first, and then said, “That’s it. Carrian Group and Land Company have recently cooperated on a real estate project, which requires a loan from our bank; so I’m here to ask, what do you mean?”
According to common sense, there is no need to consult Wu Guangyao for this situation, and these executives have the right to decide;
But Wu Guangyao said before that Chen Songqing would not agree to borrowing money;
So, Leihong decided to come and ask for instructions!
After all, Land Company joined, Leihong is still very excited;
Rejection for no reason is not good for the company's reputation!
Wu Guangyao asked: "What real estate project is it that makes you so excited?"
Leihong said: “It is said that 3 billion Hong Kong dollars will be invested in the land of the old wing of Miramar!”
Wu Guangyao finished listening and leaned back behind the chair, apparently thinking briefly!
The Miramar Hotel is one of the famous hotels in Hong Kong, the owner is Yang Zhiyun;
Like Wu Guangyao, Yang Zhiyun was born in a gold shop and owns a Jingfu jewelry store;
The turning point of Yang Zhiyun’s career was the purchase of Miramar Hotel by fate, making the Yang family the super-rich in Hong Kong.
The predecessor of the Miramar Hotel was a small church hotel, founded by several Spanish priests in 1950, the main purpose is to receive the clergy from the mainland who were expelled by New China;
After all the materials were used up, the Miramar Hotel was opened to the public and transformed into a public hotel, and the income was used for church services and charity;
In 1957, the new archbishop was very dissatisfied with his subordinates’ participation in commercial operations and ordered the Miramar Hotel to be sold for a short period of time;
Yang Zhiyun got the news by chance and was overjoyed. Because the price was really low, he bought it through a Hang Seng Bank Loan.
After 20 years of development, Miramar Hotel already has 1,300 rooms.
The old wing project of Miramar Hotel, in fact, Wu Guangyao doesn't care about it;
What Wu Guangyao cares about is, is the Land Company going to start a crazy investment model in Hong Kong?
In the past few years, Hongkong Land has been pessimistic about the prospects of Hong Kong Island, so there are not many real estate investments on Hong Kong Island;
In the past few years, Hong Kong Island’s economy has made great strides, and real estate has become more and more popular;
Even the land company, which has always been stable, had a profit of 600 million Hong Kong dollars last year (1980) (the main source is rent collection).
Presumably, Land Company has tasted the sweetness and feels that he can’t continue to stand by like this, so I have to join in and get a share of the pie!
"I will meet them, make an appointment for me!"
"Yes, boss!"
Wu Guangyao’s idea is that he cannot refuse without reason, otherwise it will easily make Land Land suspicious!
The reason why he is afraid of land and being suspicious is because Wu Guangyao hopes that land will invest heavily in the real estate industry, and invest in the real estate industry wildly;
Only in this way will we make a big somersault in the Sino-British negotiation stage and become the "debt king" of Hong Kong Island.
Land Land became the ‘debt king’, what good is it for Wu Guangyao?
The benefits are naturally numerous:
First of all, if Land is heavily indebted, it will affect Jardine Land; because Jardine Land shares mutual control (serial ship), Land Land will become the "debt king", and Jardine Land’s funds, properties and other assets will be frozen, serious Affect the development of Jardine Matheson;
Subsequently, Jardine and Land will need to dissolve this serial ship and release each other’s shares, otherwise both companies will be restricted.
At that time, the difficulty for Wu Guangyao to acquire Land will be greatly reduced!
According to the current situation, Jardine Land holds 40% of each other's shares. Once Wu Guangyao initiates the acquisition of Land, Jardine only needs to acquire 9% or 11% of the shares to defeat Wu Guangyao's strategy;
This is not too difficult for a century-old foreign company!
While Wu Guangyao needs to acquire 40% of the shares of Land, in order to turn Land into his own, it is quite difficult!
Therefore, if Wu Guangyao wants to obtain the dozens of Grade A office buildings in Central, he must support the investment of Land;
can even take the initiative to make Landland increase investment.
Hilton Central Hotel,
This is one of the most famous hotels in Xiangjiang, the trump card of hotels on the island;
Developed in the late 1950s and officially opened in 1961, the building has 26 floors and a total of 750 rooms.
Hilton Hotel in Central originally belonged to the US-owned Yonggao Company. In addition to owning the Hilton Hotel, the company also owns the right to operate the Excelle Hotel in Bali, Indonesia;
During the oil crisis, it was Wu Guangyao who discovered the gold, and Hutchison Holdings spent 120 million Hong Kong dollars to buy it;
At that time, this transaction caused extensive discussion on Hong Kong Island, and many people even thought it was a loss-making business;
But Wu Guangyao knows, not to mention the later appreciation of this land (located between the HSBC Building and the Bank of China Building);
The same two hotels were built at that time, and the 120 million Hong Kong dollars was far from enough;
Now, the two companies can bring a profit of 50 million Hong Kong dollars to Hutchison Whampoa every year. Those who were not optimistic in the past can only afterwards Zhuge Liang said that they were wrong at the beginning!
The only trouble is that the Central Hilton Hotel signed a 50-year management agreement with the Hilton Group in the 1950s;
In the previous life, there was no Hilton hotel in Hong Kong. That is because in 1994, Hutchison Whampoa terminated the contract early at a price of HK$125 million, and then closed the hotel and demolished it to build the headquarters of the Yangtze River Group in the future. ——Changjiang Group Center Building!
Wu Guangyao intends to wait for HSBC and Bank of China Tower to be completed before demolishing this building to build a more magnificent and magnificent building.
In a box, Wu Guangyao smiled and stood up to greet his guests-Bao Fuda and Chen Songqing;
"Please sit down, two!"
Bao Fuda is an old acquaintance, and his face is a little calm. There must be a reason why Wu Guangyao and Jardine International have been competing, pretending to be composed;
But Chen Songqing is different. He appears very enthusiastic, and said with a smile: “I didn’t expect to see such a busy person like Wu Sheng. It’s really nice!”
Wu Guangyao looked down on Chen Songqing's big flicker in his heart, but he would not show it, not to mention that he was mixed with Land and couldn't wait to take it lightly.
"Where is Chen Sheng humble! To say that recently, Chen Sheng is a big red man in Hong Kong's business community, which one is red and purple!"
This is not blowing, it's really true!
Over the past year or so, Chen Qingsong, through dazzling operations, has transformed Carrian from a small real estate company with only tens of millions of Hong Kong dollars into a Carrian Group with a market value of 3.6 billion Hong Kong dollars. Top ten (eighth) by market value.
Chen Qingsong’s series of commercial operations, which Hong Kong Islanders call “turning stones into gold”, have been immersed in them:
At the end of the 1970s, Baoguang Group intended to sell one of its listed companies, Hanmei, as a shell;
Under the arrangement of the gold medal dealer Zhan Peizhong, Chen Qingsong bought the shell.
At the beginning of the 1980s, Carrian Group acquired the Golden Gate Building under the Land for HK$1 billion (payment depends entirely on loans, and it took half a year to complete the payment). The price of this transaction has already caused a sensation throughout Xiangjiang;
The broad shots of the Caring Group made Chen Qingsong famous for a while.
In July 1980, the Carrian Group claimed that a group was willing to pay 1.43 billion Hong Kong dollars to acquire the Golden Gate Tower (the probability is that the false news spread by the Carrian Group itself), which shocked the Hong Kong and Kowloon real estate industry;
In only half a year, it can make a profit of 430 million Hong Kong dollars, which makes people call Chen Qingsong's "turning stone into gold".
Although buyers’ “high bids” are very rare, Carrian Group said that the real estate is booming and it needs to re-evaluate the Golden Gate Tower;
The implication is that 1.43 billion Hong Kong dollars is still an underestimation of the Golden Gate Tower;
This move also made the people of Hong Kong Island believe that Chen Songqing is not the kind of mediocre person who opens his eyes to small profits, but is a great business talent.
Next, the Carrian Group claimed that, in view of the company's impressive performance and ambitious plans, it announced a 10% increase in dividends and distributed bonus shares (in scrip dividend), which instantly made the Carrian Group’s stock sit on the rocket.
Next, the Carrian Group issued another news, saying that it was negotiating with Baishun Group (later confirmed-false news), and the Golden Gate Building was sold for 1.7 billion Hong Kong dollars;
Affected by this news, Carrian Group’s stock has soared again, reaching 15.4 Hong Kong dollars by the end of the year, with a market value of 3.6 billion Hong Kong dollars;
When Chen Songqing acquired Hanmei, the stock price was only 3.6 Hong Kong dollars. In nine months, it has risen by more than four times.
Chen Songqing blew out the biggest soap bubble since the opening of Hong Kong Island.
However, Chen Songqing’s madness has just begun. In September, he announced the establishment of a shipping company and took a stake in a five-star hotel chain in Thailand.
In November, it acquired Strapdown, a subsidiary of the Zheng Yutong family, and in December, it acquired a 21% stake in Japan’s fifth-largest film company, Nimatsu Group.
As for other development plans of various real estate, there are countless.
But these investments are true and false, false and false are true and true, trading profits are false, and the stock price is true.
In Xiangjiang, in addition to using land or real estate mortgages for normal commercial loans, there is also a method specifically aimed at listed companies, that is, the market value of the company is used as collateral.
Under normal circumstances, banks are willing to lend out half of the market value of listed companies. Chen Songqing seized this loophole and began desperately to create all kinds of false news, pile up Carrian’s stock price, and obtained huge amounts of liquidity from the bank. This money is used to develop the property and repay the debt after making a profit.
If the real estate market continues to thrive, this model may really succeed;
However, the real estate crisis broke out in the second half of 1982, and the entire Carrian Group's capital chain was broken, and the so-called tens of billions of consortiums were broken.
After the business talk between the two parties, Wu Guangyao talked about the main topic: "The two are currently cooperating on the old wing project of Miramar Hotel?"
Chen Songqing quickly replied: "Yes, is Wu Sheng also interested in this project, then we welcome you to join us!"
The reason why Chen Songqing was ahead of Bao Fuda and invited the Wu family to join the project was a calculation;
That is, let the citizens see that Chen Songqing can cooperate with this big brother, and his reputation has not improved again;
As long as one's reputation gets bigger and bigger, then the shares of Carrian Group will naturally get higher and higher;
After this, whether it is a loan or the issuance of new shares, it is a breeze!
Wu Guangyao naturally used Chen Songqing’s small abacus and said with a smile: “There are too many large projects under its real estate companies recently. I’m afraid there is no such thing as a clone!”
Bao Fuda interjected: "Mr. Wu is talking about the large-scale housing estate project in Tin Shui Wai!"
Seeing Bao Fuda's face with envy, Wu Guangyao suddenly had a plan!
The Tin Shui Wai residential area has fully planned 10 large-scale housing estates, with a total of 100,000 houses (30,000 low-rent housing. PS: In this life, the population of Hong Kong is about 300,000 more than the previous life, and the economy is more than 25% higher. Therefore, real estate No major structural changes will occur);
Three large-scale housing estates have only been developed and completed, and the fourth large-scale housing estate is about to be completed.
Hong Kong Island real estate developers are all envious of the Wu family’s exclusive use of these properties, but they are helpless;
Because the Wu family has invested 20 billion Hong Kong dollars in Tin Shui Wai, naturally, it will not let other real estate developers enter Tin Shui Wai to make money.
Wu Guangyao said with a smile: “Yes, the development of Tian Shui Wai has already made my subordinate real estate company full of business, so I am unmoved by the development of the old wing of Miramar Hotel!”
Bao Fuda immediately said: "Our Land Company is optimistic about the future of Hong Kong. If Mr. Wu is interested, he can consider cooperating with our Land Company to develop a large-scale housing estate project in Tin Shui Wai!"
this.
Get into the trap yourself!
Wu Guangyao originally meant to let his hands seduce the land. The Wu family business took out a piece of land in Tianshuiwei and landed the capital. The two sides cooperated in a large-scale housing estate project, so that part of the land can be secured.
But I didn’t expect Bao Fuda to be so unbearable, and now he took the initiative to propose it!
However, Wu Guangyao looked at Chen Songqing with excitement, just about to move;
immediately said tactfully: "This will be discussed later, let's talk about the Miramar Old Wing project!"
Seeing that Wu Guangyao did not refuse, Bao Fuda nodded and said, "Yes, let's talk about the old wing of Miramar Hotel first. Mr. Wu, since you don't intend to join this project, then it is not a problem for us to borrow from China Everbright Bank!"
Chen Songqing looked at Wu Guangyao with hope, if he could get the loan from the bank under Wu Guangyao, Chen Songqing felt that his bragging had not been seen through;
More importantly, you can also use this loan to make things happen, so that investors will be excited about it and continue to pile up the share price of Carrian Group.
Wu Guangyao pretended to think for a while, and said: "I looked at your loan application, and there is no problem in theory; but I have one condition, you must agree to it; that is, you must guarantee each other for this loan."
According to common sense, this loan belongs to a project jointly developed by Land and Carrian Group. Even if debts are incurred, both parties shall bear the responsibility based on the shares;
Wu Guangyao insisted on letting the two parties guarantee each other, just because after the collapse of the Carrian Group, Land Land would have to bear all the loans for this project.
Chen Songqing felt a panic in her unprovoked heart, this one could have seen her lie;
What a terrible person!
Bao Fuda also frowned, he was thinking whether Wu Guangyao was calculating the Land Company;
This is a lesson learned. At the beginning, Hutchison Qi Dezun approached Wu Guangyao for a loan. It was precisely because of the pledge of shares that he finally easily lost the dominance of Hutchison Whampoa.
"The market is so good, Mr. Wu is still worried that we can't repay the loan!" Bao Fuda said in a deep voice.
"I made this request just for peace of mind, and the market is so good, why both of you care about guaranteeing each other, do you have no confidence in yourself?" Wu Guangyao said with a smile.
Chen Songqing didn’t care about it at this time. He could only get the loan quickly and start his first really big project;
"Mr. Wu is right. It is normal for banks to be cautious. Therefore, we at Carrian Group are willing to sign mutual guarantees! Mr. Bao Fuda, there is no hesitation. We are cooperating on this project to make money. There are too many considerations. no!"
Bao Fidelity thought for a while, but also let go of his vigilance;
Last year, the Land Company made a profit of 700 million Hong Kong dollars and tasted the sweetness;
If you don’t increase investment, those Chinese companies will catch up with Land.
Furthermore, this person only asked for mutual guarantee of loans, but did not ask Land Land to use shares as mortgage. What are you afraid of!
"Okay, we have agreed to Mr. Wu's request, but we hope that China Everbright Bank can give a minimum discount on interest!" Bao Fuda said.
Wu Guangyao nodded, one or two points of interest, he didn’t care at all;
Because Everbright Bank has too many deposits and cash flow, it is depreciating if it does not lend out.
Of course, if you loan to some companies that have closed down during the Sino-British negotiations, it is not a depreciation, but a loss!
Therefore, Wu Guangyao will still remind China Everbright Bank and Hang Seng Bank at an appropriate time.
"One billion Hong Kong dollars, how about 8.5% interest?" Wu Guangyao said.
Bao Fuda and Chen Songqing are overjoyed. At this time, Hong Kong Island loan interest is basically above 10%, and the highest can reach about 14%;
Even Chen Qingsong brags only to say that he has obtained a 9% long-term unlimited loan from an overseas consortium.
"Yes! Thank you Mr. Wu!"
Next, the three chatted while drinking red wine; during the dinner, Wu Guangyao repeatedly'inadvertently' showed that he was optimistic about the real estate industry on Hong Kong Island;
This made LANDMARK Bao Fidelity and Carning Chen Songqing overjoyed and felt that they had received a reliable guarantee!
(End of this chapter)
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Chapter 638 [Cracking the Conspiracy of the Serial Ship! 】(Large Chapter)
Lei Hong, general manager of Everbright Bank, came to Wu Guangyao's office.
"Boss, I have something to report to you!"
"Sit down and say!"
Leihong sat on the sofa first, and then said, “That’s it. Carrian Group and Land Company have recently cooperated on a real estate project, which requires a loan from our bank; so I’m here to ask, what do you mean?”
According to common sense, there is no need to consult Wu Guangyao for this situation, and these executives have the right to decide;
But Wu Guangyao said before that Chen Songqing would not agree to borrowing money;
So, Leihong decided to come and ask for instructions!
After all, Land Company joined, Leihong is still very excited;
Rejection for no reason is not good for the company's reputation!
Wu Guangyao asked: "What real estate project is it that makes you so excited?"
Leihong said: “It is said that 3 billion Hong Kong dollars will be invested in the land of the old wing of Miramar!”
Wu Guangyao finished listening and leaned back behind the chair, apparently thinking briefly!
The Miramar Hotel is one of the famous hotels in Hong Kong, the owner is Yang Zhiyun;
Like Wu Guangyao, Yang Zhiyun was born in a gold shop and owns a Jingfu jewelry store;
The turning point of Yang Zhiyun’s career was the purchase of Miramar Hotel by fate, making the Yang family the super-rich in Hong Kong.
The predecessor of the Miramar Hotel was a small church hotel, founded by several Spanish priests in 1950, the main purpose is to receive the clergy from the mainland who were expelled by New China;
After all the materials were used up, the Miramar Hotel was opened to the public and transformed into a public hotel, and the income was used for church services and charity;
In 1957, the new archbishop was very dissatisfied with his subordinates’ participation in commercial operations and ordered the Miramar Hotel to be sold for a short period of time;
Yang Zhiyun got the news by chance and was overjoyed. Because the price was really low, he bought it through a Hang Seng Bank Loan.
After 20 years of development, Miramar Hotel already has 1,300 rooms.
The old wing project of Miramar Hotel, in fact, Wu Guangyao doesn't care about it;
What Wu Guangyao cares about is, is the Land Company going to start a crazy investment model in Hong Kong?
In the past few years, Hongkong Land has been pessimistic about the prospects of Hong Kong Island, so there are not many real estate investments on Hong Kong Island;
In the past few years, Hong Kong Island’s economy has made great strides, and real estate has become more and more popular;
Even the land company, which has always been stable, had a profit of 600 million Hong Kong dollars last year (1980) (the main source is rent collection).
Presumably, Land Company has tasted the sweetness and feels that he can’t continue to stand by like this, so I have to join in and get a share of the pie!
"I will meet them, make an appointment for me!"
"Yes, boss!"
Wu Guangyao’s idea is that he cannot refuse without reason, otherwise it will easily make Land Land suspicious!
The reason why he is afraid of land and being suspicious is because Wu Guangyao hopes that land will invest heavily in the real estate industry, and invest in the real estate industry wildly;
Only in this way will we make a big somersault in the Sino-British negotiation stage and become the "debt king" of Hong Kong Island.
Land Land became the ‘debt king’, what good is it for Wu Guangyao?
The benefits are naturally numerous:
First of all, if Land is heavily indebted, it will affect Jardine Land; because Jardine Land shares mutual control (serial ship), Land Land will become the "debt king", and Jardine Land’s funds, properties and other assets will be frozen, serious Affect the development of Jardine Matheson;
Subsequently, Jardine and Land will need to dissolve this serial ship and release each other’s shares, otherwise both companies will be restricted.
At that time, the difficulty for Wu Guangyao to acquire Land will be greatly reduced!
According to the current situation, Jardine Land holds 40% of each other's shares. Once Wu Guangyao initiates the acquisition of Land, Jardine only needs to acquire 9% or 11% of the shares to defeat Wu Guangyao's strategy;
This is not too difficult for a century-old foreign company!
While Wu Guangyao needs to acquire 40% of the shares of Land, in order to turn Land into his own, it is quite difficult!
Therefore, if Wu Guangyao wants to obtain the dozens of Grade A office buildings in Central, he must support the investment of Land;
can even take the initiative to make Landland increase investment.
Hilton Central Hotel,
This is one of the most famous hotels in Xiangjiang, the trump card of hotels on the island;
Developed in the late 1950s and officially opened in 1961, the building has 26 floors and a total of 750 rooms.
Hilton Hotel in Central originally belonged to the US-owned Yonggao Company. In addition to owning the Hilton Hotel, the company also owns the right to operate the Excelle Hotel in Bali, Indonesia;
During the oil crisis, it was Wu Guangyao who discovered the gold, and Hutchison Holdings spent 120 million Hong Kong dollars to buy it;
At that time, this transaction caused extensive discussion on Hong Kong Island, and many people even thought it was a loss-making business;
But Wu Guangyao knows, not to mention the later appreciation of this land (located between the HSBC Building and the Bank of China Building);
The same two hotels were built at that time, and the 120 million Hong Kong dollars was far from enough;
Now, the two companies can bring a profit of 50 million Hong Kong dollars to Hutchison Whampoa every year. Those who were not optimistic in the past can only afterwards Zhuge Liang said that they were wrong at the beginning!
The only trouble is that the Central Hilton Hotel signed a 50-year management agreement with the Hilton Group in the 1950s;
In the previous life, there was no Hilton hotel in Hong Kong. That is because in 1994, Hutchison Whampoa terminated the contract early at a price of HK$125 million, and then closed the hotel and demolished it to build the headquarters of the Yangtze River Group in the future. ——Changjiang Group Center Building!
Wu Guangyao intends to wait for HSBC and Bank of China Tower to be completed before demolishing this building to build a more magnificent and magnificent building.
In a box, Wu Guangyao smiled and stood up to greet his guests-Bao Fuda and Chen Songqing;
"Please sit down, two!"
Bao Fuda is an old acquaintance, and his face is a little calm. There must be a reason why Wu Guangyao and Jardine International have been competing, pretending to be composed;
But Chen Songqing is different. He appears very enthusiastic, and said with a smile: “I didn’t expect to see such a busy person like Wu Sheng. It’s really nice!”
Wu Guangyao looked down on Chen Songqing's big flicker in his heart, but he would not show it, not to mention that he was mixed with Land and couldn't wait to take it lightly.
"Where is Chen Sheng humble! To say that recently, Chen Sheng is a big red man in Hong Kong's business community, which one is red and purple!"
This is not blowing, it's really true!
Over the past year or so, Chen Qingsong, through dazzling operations, has transformed Carrian from a small real estate company with only tens of millions of Hong Kong dollars into a Carrian Group with a market value of 3.6 billion Hong Kong dollars. Top ten (eighth) by market value.
Chen Qingsong’s series of commercial operations, which Hong Kong Islanders call “turning stones into gold”, have been immersed in them:
At the end of the 1970s, Baoguang Group intended to sell one of its listed companies, Hanmei, as a shell;
Under the arrangement of the gold medal dealer Zhan Peizhong, Chen Qingsong bought the shell.
At the beginning of the 1980s, Carrian Group acquired the Golden Gate Building under the Land for HK$1 billion (payment depends entirely on loans, and it took half a year to complete the payment). The price of this transaction has already caused a sensation throughout Xiangjiang;
The broad shots of the Caring Group made Chen Qingsong famous for a while.
In July 1980, the Carrian Group claimed that a group was willing to pay 1.43 billion Hong Kong dollars to acquire the Golden Gate Tower (the probability is that the false news spread by the Carrian Group itself), which shocked the Hong Kong and Kowloon real estate industry;
In only half a year, it can make a profit of 430 million Hong Kong dollars, which makes people call Chen Qingsong's "turning stone into gold".
Although buyers’ “high bids” are very rare, Carrian Group said that the real estate is booming and it needs to re-evaluate the Golden Gate Tower;
The implication is that 1.43 billion Hong Kong dollars is still an underestimation of the Golden Gate Tower;
This move also made the people of Hong Kong Island believe that Chen Songqing is not the kind of mediocre person who opens his eyes to small profits, but is a great business talent.
Next, the Carrian Group claimed that, in view of the company's impressive performance and ambitious plans, it announced a 10% increase in dividends and distributed bonus shares (in scrip dividend), which instantly made the Carrian Group’s stock sit on the rocket.
Next, the Carrian Group issued another news, saying that it was negotiating with Baishun Group (later confirmed-false news), and the Golden Gate Building was sold for 1.7 billion Hong Kong dollars;
Affected by this news, Carrian Group’s stock has soared again, reaching 15.4 Hong Kong dollars by the end of the year, with a market value of 3.6 billion Hong Kong dollars;
When Chen Songqing acquired Hanmei, the stock price was only 3.6 Hong Kong dollars. In nine months, it has risen by more than four times.
Chen Songqing blew out the biggest soap bubble since the opening of Hong Kong Island.
However, Chen Songqing’s madness has just begun. In September, he announced the establishment of a shipping company and took a stake in a five-star hotel chain in Thailand.
In November, it acquired Strapdown, a subsidiary of the Zheng Yutong family, and in December, it acquired a 21% stake in Japan’s fifth-largest film company, Nimatsu Group.
As for other development plans of various real estate, there are countless.
But these investments are true and false, false and false are true and true, trading profits are false, and the stock price is true.
In Xiangjiang, in addition to using land or real estate mortgages for normal commercial loans, there is also a method specifically aimed at listed companies, that is, the market value of the company is used as collateral.
Under normal circumstances, banks are willing to lend out half of the market value of listed companies. Chen Songqing seized this loophole and began desperately to create all kinds of false news, pile up Carrian’s stock price, and obtained huge amounts of liquidity from the bank. This money is used to develop the property and repay the debt after making a profit.
If the real estate market continues to thrive, this model may really succeed;
However, the real estate crisis broke out in the second half of 1982, and the entire Carrian Group's capital chain was broken, and the so-called tens of billions of consortiums were broken.
After the business talk between the two parties, Wu Guangyao talked about the main topic: "The two are currently cooperating on the old wing project of Miramar Hotel?"
Chen Songqing quickly replied: "Yes, is Wu Sheng also interested in this project, then we welcome you to join us!"
The reason why Chen Songqing was ahead of Bao Fuda and invited the Wu family to join the project was a calculation;
That is, let the citizens see that Chen Songqing can cooperate with this big brother, and his reputation has not improved again;
As long as one's reputation gets bigger and bigger, then the shares of Carrian Group will naturally get higher and higher;
After this, whether it is a loan or the issuance of new shares, it is a breeze!
Wu Guangyao naturally used Chen Songqing’s small abacus and said with a smile: “There are too many large projects under its real estate companies recently. I’m afraid there is no such thing as a clone!”
Bao Fuda interjected: "Mr. Wu is talking about the large-scale housing estate project in Tin Shui Wai!"
Seeing Bao Fuda's face with envy, Wu Guangyao suddenly had a plan!
The Tin Shui Wai residential area has fully planned 10 large-scale housing estates, with a total of 100,000 houses (30,000 low-rent housing. PS: In this life, the population of Hong Kong is about 300,000 more than the previous life, and the economy is more than 25% higher. Therefore, real estate No major structural changes will occur);
Three large-scale housing estates have only been developed and completed, and the fourth large-scale housing estate is about to be completed.
Hong Kong Island real estate developers are all envious of the Wu family’s exclusive use of these properties, but they are helpless;
Because the Wu family has invested 20 billion Hong Kong dollars in Tin Shui Wai, naturally, it will not let other real estate developers enter Tin Shui Wai to make money.
Wu Guangyao said with a smile: “Yes, the development of Tian Shui Wai has already made my subordinate real estate company full of business, so I am unmoved by the development of the old wing of Miramar Hotel!”
Bao Fuda immediately said: "Our Land Company is optimistic about the future of Hong Kong. If Mr. Wu is interested, he can consider cooperating with our Land Company to develop a large-scale housing estate project in Tin Shui Wai!"
this.
Get into the trap yourself!
Wu Guangyao originally meant to let his hands seduce the land. The Wu family business took out a piece of land in Tianshuiwei and landed the capital. The two sides cooperated in a large-scale housing estate project, so that part of the land can be secured.
But I didn’t expect Bao Fuda to be so unbearable, and now he took the initiative to propose it!
However, Wu Guangyao looked at Chen Songqing with excitement, just about to move;
immediately said tactfully: "This will be discussed later, let's talk about the Miramar Old Wing project!"
Seeing that Wu Guangyao did not refuse, Bao Fuda nodded and said, "Yes, let's talk about the old wing of Miramar Hotel first. Mr. Wu, since you don't intend to join this project, then it is not a problem for us to borrow from China Everbright Bank!"
Chen Songqing looked at Wu Guangyao with hope, if he could get the loan from the bank under Wu Guangyao, Chen Songqing felt that his bragging had not been seen through;
More importantly, you can also use this loan to make things happen, so that investors will be excited about it and continue to pile up the share price of Carrian Group.
Wu Guangyao pretended to think for a while, and said: "I looked at your loan application, and there is no problem in theory; but I have one condition, you must agree to it; that is, you must guarantee each other for this loan."
According to common sense, this loan belongs to a project jointly developed by Land and Carrian Group. Even if debts are incurred, both parties shall bear the responsibility based on the shares;
Wu Guangyao insisted on letting the two parties guarantee each other, just because after the collapse of the Carrian Group, Land Land would have to bear all the loans for this project.
Chen Songqing felt a panic in her unprovoked heart, this one could have seen her lie;
What a terrible person!
Bao Fuda also frowned, he was thinking whether Wu Guangyao was calculating the Land Company;
This is a lesson learned. At the beginning, Hutchison Qi Dezun approached Wu Guangyao for a loan. It was precisely because of the pledge of shares that he finally easily lost the dominance of Hutchison Whampoa.
"The market is so good, Mr. Wu is still worried that we can't repay the loan!" Bao Fuda said in a deep voice.
"I made this request just for peace of mind, and the market is so good, why both of you care about guaranteeing each other, do you have no confidence in yourself?" Wu Guangyao said with a smile.
Chen Songqing didn’t care about it at this time. He could only get the loan quickly and start his first really big project;
"Mr. Wu is right. It is normal for banks to be cautious. Therefore, we at Carrian Group are willing to sign mutual guarantees! Mr. Bao Fuda, there is no hesitation. We are cooperating on this project to make money. There are too many considerations. no!"
Bao Fidelity thought for a while, but also let go of his vigilance;
Last year, the Land Company made a profit of 700 million Hong Kong dollars and tasted the sweetness;
If you don’t increase investment, those Chinese companies will catch up with Land.
Furthermore, this person only asked for mutual guarantee of loans, but did not ask Land Land to use shares as mortgage. What are you afraid of!
"Okay, we have agreed to Mr. Wu's request, but we hope that China Everbright Bank can give a minimum discount on interest!" Bao Fuda said.
Wu Guangyao nodded, one or two points of interest, he didn’t care at all;
Because Everbright Bank has too many deposits and cash flow, it is depreciating if it does not lend out.
Of course, if you loan to some companies that have closed down during the Sino-British negotiations, it is not a depreciation, but a loss!
Therefore, Wu Guangyao will still remind China Everbright Bank and Hang Seng Bank at an appropriate time.
"One billion Hong Kong dollars, how about 8.5% interest?" Wu Guangyao said.
Bao Fuda and Chen Songqing are overjoyed. At this time, Hong Kong Island loan interest is basically above 10%, and the highest can reach about 14%;
Even Chen Qingsong brags only to say that he has obtained a 9% long-term unlimited loan from an overseas consortium.
"Yes! Thank you Mr. Wu!"
Next, the three chatted while drinking red wine; during the dinner, Wu Guangyao repeatedly'inadvertently' showed that he was optimistic about the real estate industry on Hong Kong Island;
This made LANDMARK Bao Fidelity and Carning Chen Songqing overjoyed and felt that they had received a reliable guarantee!
(End of this chapter)
Chapter 638 Cracking the Conspiracy of the Serial Ship! Large ChapterLei Hong, general manager of Everbright Bank, came to Wu Guangyao's office."Boss, I have something to report to you!""Sit down and say!"Leihong sat on the sofa first, and then said, That's it. Carrian Group and Land Company have recently cooperated on a real estate project, which requires a loan from our bank; so I'm here to ask, what do you mean?According to common sense, there is no need to consult Wu Guangyao for this situation, and these executives have the right to decide;But Wu Guangyao said before that Chen Songqing would not agree to borrowing money;So, Leihong decided to come and ask for instructions!After all, Land Company joined, Leihong is still very excited;Rejection for no reason is not good for the company's reputation!Wu Guangyao asked: "What real estate project is it that makes you so excited?"Leihong said: It is said that 3 billion Hong Kong dollars will be invested in the land of the old wing of Miramar!Wu Guangyao finished listening and leaned back behind the chair, apparently thinking briefly!The Miramar Hotel is one of the famous hotels in Hong Kong, the owner is Yang Zhiyun;Like Wu Guangyao, Yang Zhiyun was born in a gold shop and owns a Jingfu jewelry store;The turning point of Yang Zhiyun's career was the purchase of Miramar Hotel by fate, making the Yang family the super-rich in Hong Kong.The predecessor of the Miramar Hotel was a small church hotel, founded by several Spanish priests in 1950, the main purpose is to receive the clergy from the mainland who were expelled by New China;After all the materials were used up, the Miramar Hotel was opened to the public and transformed into a public hotel, and the income was used for church services and charity;In 1957, the new archbishop was very dissatisfied with his subordinates' participation in commercial operations and ordered the Miramar Hotel to be sold for a short period of time;Yang Zhiyun got the news by chance and was overjoyed. Because the price was really low, he bought it through a Hang Seng Bank Loan.After 20 years of development, Miramar Hotel already has 1,300 rooms.The old wing project of Miramar Hotel, in fact, Wu Guangyao doesn't care about it;What Wu Guangyao cares about is, is the Land Company going to start a crazy investment model in Hong Kong?In the past few years, Hongkong Land has been pessimistic about the prospects of Hong Kong Island, so there are not many real estate investments on Hong Kong Island;In the past few years, Hong Kong Island's economy has made great strides, and real estate has become more and more popular;Even the land company, which has always been stable, had a profit of 600 million Hong Kong dollars last year 1980 the main source is rent collection.Presumably, Land Company has tasted the sweetness and feels that he can't continue to stand by like this, so I have to join in and get a share of the pie!"I will meet them, make an appointment for me!""Yes, boss!"Wu Guangyao's idea is that he cannot refuse without reason, otherwise it will easily make Land Land suspicious!The reason why he is afraid of land and being suspicious is because Wu Guangyao hopes that land will invest heavily in the real estate industry, and invest in the real estate industry wildly;Only in this way will we make a big somersault in the Sino-British negotiation stage and become the "debt king" of Hong Kong Island.Land Land became the debt king', what good is it for Wu Guangyao?The benefits are naturally numerous:First of all, if Land is heavily indebted, it will affect Jardine Land; because Jardine Land shares mutual control serial ship, Land Land will become the "debt king", and Jardine Land's funds, properties and other assets will be frozen, serious Affect the development of Jardine Matheson;Subsequently, Jardine and Land will need to dissolve this serial ship and release each other's shares, otherwise both companies will be restricted.At that time, the difficulty for Wu Guangyao to acquire Land will be greatly reduced!According to the current situation, Jardine Land holds 40% of each other's shares. Once Wu Guangyao initiates the acquisition of Land, Jardine only needs to acquire 9% or 11% of the shares to defeat Wu Guangyao's strategy;This is not too difficult for a century-old foreign company!While Wu Guangyao needs to acquire 40% of the shares of Land, in order to turn Land into his own, it is quite difficult!Therefore, if Wu Guangyao wants to obtain the dozens of Grade A office buildings in Central, he must support the investment of Land;can even take the initiative to make Landland increase investment.Hilton Central Hotel,This is one of the most famous hotels in Xiangjiang, the trump card of hotels on the island;Developed in the late 1950s and officially opened in 1961, the building has 26 floors and a total of 750 rooms.Hilton Hotel in Central originally belonged to the US-owned Yonggao Company. In addition to owning the Hilton Hotel, the company also owns the right to operate the Excelle Hotel in Bali, Indonesia;During the oil crisis, it was Wu Guangyao who discovered the gold, and Hutchison Holdings spent 120 million Hong Kong dollars to buy it;At that time, this transaction caused extensive discussion on Hong Kong Island, and many people even thought it was a loss-making business;But Wu Guangyao knows, not to mention the later appreciation of this land located between the HSBC Building and the Bank of China Building;The same two hotels were built at that time, and the 120 million Hong Kong dollars was far from enough;Now, the two companies can bring a profit of 50 million Hong Kong dollars to Hutchison Whampoa every year. Those who were not optimistic in the past can only afterwards Zhuge Liang said that they were wrong at the beginning!The only trouble is that the Central Hilton Hotel signed a 50-year management agreement with the Hilton Group in the 1950s;In the previous life, there was no Hilton hotel in Hong Kong. That is because in 1994, Hutchison Whampoa terminated the contract early at a price of HK$125 million, and then closed the hotel and demolished it to build the headquarters of the Yangtze River Group in the future. Changjiang Group Center Building!Wu Guangyao intends to wait for HSBC and Bank of China Tower to be completed before demolishing this building to build a more magnificent and magnificent building.In a box, Wu Guangyao smiled and stood up to greet his guests-Bao Fuda and Chen Songqing;"Please sit down, two!"Bao Fuda is an old acquaintance, and his face is a little calm. There must be a reason why Wu Guangyao and Jardine International have been competing, pretending to be composed;But Chen Songqing is different. He appears very enthusiastic, and said with a smile: I didn't expect to see such a busy person like Wu Sheng. It's really nice!Wu Guangyao looked down on Chen Songqing's big flicker in his heart, but he would not show it, not to mention that he was mixed with Land and couldn't wait to take it lightly."Where is Chen Sheng humble! To say that recently, Chen Sheng is a big red man in Hong Kong's business community, which one is red and purple!"This is not blowing, it's really true!Over the past year or so, Chen Qingsong, through dazzling operations, has transformed Carrian from a small real estate company with only tens of millions of Hong Kong dollars into a Carrian Group with a market value of 3.6 billion Hong Kong dollars. Top ten eighth by market value.Chen Qingsong's series of commercial operations, which Hong Kong Islanders call turning stones into gold, have been immersed in them:At the end of the 1970s, Baoguang Group intended to sell one of its listed companies, Hanmei, as a shell;Under the arrangement of the gold medal dealer Zhan Peizhong, Chen Qingsong bought the shell.At the beginning of the 1980s, Carrian Group acquired the Golden Gate Building under the Land for HK$1 billion payment depends entirely on loans, and it took half a year to complete the payment. The price of this transaction has already caused a sensation throughout Xiangjiang;The broad shots of the Caring Group made Chen Qingsong famous for a while.In July 1980, the Carrian Group claimed that a group was willing to pay 1.43 billion Hong Kong dollars to acquire the Golden Gate Tower the probability is that the false news spread by the Carrian Group itself, which shocked the Hong Kong and Kowloon real estate industry;In only half a year, it can make a profit of 430 million Hong Kong dollars, which makes people call Chen Qingsong's "turning stone into gold".Although buyers' high bids are very rare, Carrian Group said that the real estate is booming and it needs to re-evaluate the Golden Gate Tower;The implication is that 1.43 billion Hong Kong dollars is still an underestimation of the Golden Gate Tower;This move also made the people of Hong Kong Island believe that Chen Songqing is not the kind of mediocre person who opens his eyes to small profits, but is a great business talent.Next, the Carrian Group claimed that, in view of the company's impressive performance and ambitious plans, it announced a 10% increase in dividends and distributed bonus shares in scrip dividend, which instantly made the Carrian Group's stock sit on the rocket.Next, the Carrian Group issued another news, saying that it was negotiating with Baishun Group later confirmed-false news, and the Golden Gate Building was sold for 1.7 billion Hong Kong dollars;Affected by this news, Carrian Group's stock has soared again, reaching 15.4 Hong Kong dollars by the end of the year, with a market value of 3.6 billion Hong Kong dollars;When Chen Songqing acquired Hanmei, the stock price was only 3.6 Hong Kong dollars. In nine months, it has risen by more than four times.Chen Songqing blew out the biggest soap bubble since the opening of Hong Kong Island.However, Chen Songqing's madness has just begun. In September, he announced the establishment of a shipping company and took a stake in a five-star hotel chain in Thailand.In November, it acquired Strapdown, a subsidiary of the Zheng Yutong family, and in December, it acquired a 21% stake in Japan's fifth-largest film company, Nimatsu Group.As for other development plans of various real estate, there are countless.But these investments are true and false, false and false are true and true, trading profits are false, and the stock price is true.In Xiangjiang, in addition to using land or real estate mortgages for normal commercial loans, there is also a method specifically aimed at listed companies, that is, the market value of the company is used as collateral.Under normal circumstances, banks are willing to lend out half of the market value of listed companies. Chen Songqing seized this loophole and began desperately to create all kinds of false news, pile up Carrian's stock price, and obtained huge amounts of liquidity from the bank. This money is used to develop the property and repay the debt after making a profit.If the real estate market continues to thrive, this model may really succeed;However, the real estate crisis broke out in the second half of 1982, and the entire Carrian Group's capital chain was broken, and the so-called tens of billions of consortiums were broken.After the business talk between the two parties, Wu Guangyao talked about the main topic: "The two are currently cooperating on the old wing project of Miramar Hotel?"Chen Songqing quickly replied: "Yes, is Wu Sheng also interested in this project, then we welcome you to join us!"The reason why Chen Songqing was ahead of Bao Fuda and invited the Wu family to join the project was a calculation;That is, let the citizens see that Chen Songqing can cooperate with this big brother, and his reputation has not improved again;As long as one's reputation gets bigger and bigger, then the shares of Carrian Group will naturally get higher and higher;After this, whether it is a loan or the issuance of new shares, it is a breeze!Wu Guangyao naturally used Chen Songqing's small abacus and said with a smile: There are too many large projects under its real estate companies recently. I'm afraid there is no such thing as a clone!Bao Fuda interjected: "Mr. Wu is talking about the large-scale housing estate project in Tin Shui Wai!"Seeing Bao Fuda's face with envy, Wu Guangyao suddenly had a plan!The Tin Shui Wai residential area has fully planned 10 large-scale housing estates, with a total of 100,000 houses 30,000 low-rent housing. PS: In this life, the population of Hong Kong is about 300,000 more than the previous life, and the economy is more than 25% higher. Therefore, real estate No major structural changes will occur;Three large-scale housing estates have only been developed and completed, and the fourth large-scale housing estate is about to be completed.Hong Kong Island real estate developers are all envious of the Wu family's exclusive use of these properties, but they are helpless;Because the Wu family has invested 20 billion Hong Kong dollars in Tin Shui Wai, naturally, it will not let other real estate developers enter Tin Shui Wai to make money.Wu Guangyao said with a smile: Yes, the development of Tian Shui Wai has already made my subordinate real estate company full of business, so I am unmoved by the development of the old wing of Miramar Hotel!Bao Fuda immediately said: "Our Land Company is optimistic about the future of Hong Kong. If Mr. Wu is interested, he can consider cooperating with our Land Company to develop a large-scale housing estate project in Tin Shui Wai!"this.Get into the trap yourself!Wu Guangyao originally meant to let his hands seduce the land. The Wu family business took out a piece of land in Tianshuiwei and landed the capital. The two sides cooperated in a large-scale housing estate project, so that part of the land can be secured.But I didn't expect Bao Fuda to be so unbearable, and now he took the initiative to propose it!However, Wu Guangyao looked at Chen Songqing with excitement, just about to move;immediately said tactfully: "This will be discussed later, let's talk about the Miramar Old Wing project!"Seeing that Wu Guangyao did not refuse, Bao Fuda nodded and said, "Yes, let's talk about the old wing of Miramar Hotel first. Mr. Wu, since you don't intend to join this project, then it is not a problem for us to borrow from China Everbright Bank!"Chen Songqing looked at Wu Guangyao with hope, if he could get the loan from the bank under Wu Guangyao, Chen Songqing felt that his bragging had not been seen through;More importantly, you can also use this loan to make things happen, so that investors will be excited about it and continue to pile up the share price of Carrian Group.Wu Guangyao pretended to think for a while, and said: "I looked at your loan application, and there is no problem in theory; but I have one condition, you must agree to it; that is, you must guarantee each other for this loan."According to common sense, this loan belongs to a project jointly developed by Land and Carrian Group. Even if debts are incurred, both parties shall bear the responsibility based on the shares;Wu Guangyao insisted on letting the two parties guarantee each other, just because after the collapse of the Carrian Group, Land Land would have to bear all the loans for this project.Chen Songqing felt a panic in her unprovoked heart, this one could have seen her lie;What a terrible person!Bao Fuda also frowned, he was thinking whether Wu Guangyao was calculating the Land Company;This is a lesson learned. At the beginning, Hutchison Qi Dezun approached Wu Guangyao for a loan. It was precisely because of the pledge of shares that he finally easily lost the dominance of Hutchison Whampoa."The market is so good, Mr. Wu is still worried that we can't repay the loan!" Bao Fuda said in a deep voice."I made this request just for peace of mind, and the market is so good, why both of you care about guaranteeing each other, do you have no confidence in yourself?" Wu Guangyao said with a smile.Chen Songqing didn't care about it at this time. He could only get the loan quickly and start his first really big project;"Mr. Wu is right. It is normal for banks to be cautious. Therefore, we at Carrian Group are willing to sign mutual guarantees! Mr. Bao Fuda, there is no hesitation. We are cooperating on this project to make money. There are too many considerations. no!"Bao Fidelity thought for a while, but also let go of his vigilance;Last year, the Land Company made a profit of 700 million Hong Kong dollars and tasted the sweetness;If you don't increase investment, those Chinese companies will catch up with Land.Furthermore, this person only asked for mutual guarantee of loans, but did not ask Land Land to use shares as mortgage. What are you afraid of!"Okay, we have agreed to Mr. Wu's request, but we hope that China Everbright Bank can give a minimum discount on interest!" Bao Fuda said.Wu Guangyao nodded, one or two points of interest, he didn't care at all;Because Everbright Bank has too many deposits and cash flow, it is depreciating if it does not lend out.Of course, if you loan to some companies that have closed down during the Sino-British negotiations, it is not a depreciation, but a loss!Therefore, Wu Guangyao will still remind China Everbright Bank and Hang Seng Bank at an appropriate time."One billion Hong Kong dollars, how about 8.5% interest?" Wu Guangyao said.Bao Fuda and Chen Songqing are overjoyed. At this time, Hong Kong Island loan interest is basically above 10%, and the highest can reach about 14%;Even Chen Qingsong brags only to say that he has obtained a 9% long-term unlimited loan from an overseas consortium."Yes! Thank you Mr. Wu!"Next, the three chatted while drinking red wine; during the dinner, Wu Guangyao repeatedly'inadvertently' showed that he was optimistic about the real estate industry on Hong Kong Island;This made LANDMARK Bao Fidelity and Carning Chen Songqing overjoyed and felt that they had received a reliable guarantee!End of this chapter
