Chapter 480 The Beginning of the Big Dips
The time soon came to early June, and the same thing happened as before in history. As a result, the entire real estate, stock market, and economy fell sharply like a blood collapse.
On the 3rd, Zheng Zhijie and Fang Xianming came to Yang Wendong’s office;
"Yang Sheng, this is the data of properties with heavy debts that we collected in the first half of the year." Zheng Zhijie first handed over a document, dozens of pages thick, and then said: "Most of them are in Hong Kong Island, and some are in Kowloon Peninsula. , the area is not very small, I basically didn’t count the ones below 5,000 square feet.”
With the size of Changxing Group, even if it wants to buy at the bottom, it is impossible to choose some small-sized properties or residences. Unless it is an entire property but belongs to different owners, it will only be considered if there are many for sale.
Yang Wendong read the document carefully after taking it. The front of the document was a catalog, listing more than 300 properties in total, and the back was an introduction to each property, including location, area, approximate floor plan, and existing tenants. Status, etc. are all handwritten information, and it looks like a lot of effort has been spent.
After reading it, Yang Wendong asked: "Are all the properties in these ready for sale?"
"About 1/3 are seeking to sell." Zheng Zhijie replied: "The owners of these properties are heavily in debt because of the bank's debt. In addition to the current situation, many people also want to immigrate, so they want to It’s time to cash out.”
"Only 1/3? This is less than I thought." Yang Wendong was a little surprised.
He deliberately found a group of people who held high-quality properties and had heavy debts through bank relationships. It stands to reason that these people have a strong desire to sell.
Zheng Zhijie said: "Yang Sheng, actually the ratio of one-third is already very high. This is just their feedback in less than half a month. As time goes by, I will also contact them appropriately." , then I estimate that more than two-thirds of the properties will be sold for cash.”
Fang Xianming, who was next to him, also said: "Yes, Yang Sheng, in fact many newspapers are discussing immigration now, but in fact it is just these people who are speaking out. There are still only a few who actually immigrate; many people will continue to wait and see, even A lot of British capital has not been transferred.”
"That's right." Yang Wendong nodded and said: "Old Zheng, just follow this list and contact the people who want to sell it first. After they buy the property, they will gradually communicate with other people to see if they can buy it. Next;
In addition, we should always pay attention to the market. Our statistics cannot be perfect. There will definitely be many people or companies who will continue to sell some good properties, especially some British-owned companies with a large number of properties in their hands. Their main business is in Hong Kong and they do not want to relocate. Possible, but some properties or industries may be liquidated. ”
Although Hong Kong is just a city, it has a population of several million. Even if there are only 10,000 people with good properties, it is impossible for me to investigate all their information. Therefore, Yang Wendong arranged an investigation half a year ago.
Now that the economy has reached its lowest point and the immigration trend is obvious, there will definitely be many people who will suddenly want to cash out their assets. These people can only be discovered during this period.
"Okay, I'm going to contact them right now." Zheng Zhijie agreed.
Yang Wendong added: "In addition, Honor Electronics, Carrefour, and TVB have also been optimistic about some real estate properties before and want to buy them for their future operational needs. You can communicate with them and buy the land they want. ;
I asked them to look for more land earlier to avoid the possibility that the owners of the land they are interested in will not sell it. You can communicate with them here. If you find that they are all selling, then take them all. If you don’t need it for the time being, you can keep it. have. ”
Since we know that there will be such a crisis, we are naturally prepared for it, and we can acquire more properties. The properties that are favored by our affiliated companies are basically good in all aspects.
"No problem." Zheng Zhijie nodded.
Yang Wendong looked at Fang Xianming again and said: "Lao Fang, the stock market is also plummeting now. You also need to be prepared. The first thing is to acquire the Golden Gate Group. I want his construction company and the Golden Gate in Central." Buildings, if you were asked to acquire them secretly on the stock market, how many could you acquire without being discovered by outsiders?”
Fang Xianming replied: "If it's just the stock market, it's about 15%. Now many people are in the mood to cash out stocks. Just like real estate, it will be easy for us to acquire it, and the increase in transaction volume will cause the stock price to rise appropriately. Then Only some people will be allowed to sell their stocks
However, this also has a limit. Once the trading volume and stock price rise too much, forming a clear contrast with other stocks in the entire market, it will arouse suspicion.
If you want to obtain more shares, you must either contact multiple shareholders of the Golden Gate Group or directly contact the Golden Gate management, which is equivalent to a direct acquisition. ”
"Okay, let's buy stocks on the stock market first." Yang Wendong nodded and said: "We will talk to shareholders when it's almost done, and finally talk to their management. Only if we have chips in hand, then Kinmen's management may agree to us. ”
Things should also be done step by step. If you don’t have any stocks in your hand, and you want to acquire the other party, it’s okay if the other party agrees. If you don’t agree and you are wary, you may not have the chance.
"Okay, I will make arrangements to start buying goods on the stock market." Fang Xianming agreed.
Yang Wendong nodded and said: "The second target is Huangpu Group." "Huangpu?" Fang Xianming paused and said, "Yang Sheng, wasn't Huangpu Group prepared to be acquired by Hutchison?" < br>
Yang Wendong said: "Yes, the special thing about Huangpu is that the stock market has relatively little circulation. It is most convenient for Hutchison, a British-owned foreign company, to make a good-faith acquisition. However, this does not affect my acquisition of some stocks;
Just like Golden Gate Group, first make an acquisition in the stock market, then contact the other shareholder, buy shares first, and then get a director seat;
The Whampoa Group owns a port, which is the core industry of the British Hong Kong government and the British-funded consortium. I first tested the Hong Kong government by taking a shareholding and obtaining a director seat;
If they don't agree, they will cooperate with Hutchison in the future. I think Qi Dezun is also very happy to see me and him controlling Hutchison. ”
ZZ needs to be tested. If it was before 1966, he would not test it specially. But now in 1967, the British Hong Kong government even thinks of packing up and returning to the UK. At this time, it is time to gradually test the British capital that once maintained it. It’s time to bottom line interests.
At this time, Zheng Zhijie also said: "Yang Sheng is right, it is also good for us to win a director first;
As for Hutchison, he can just run it himself. Qi Dezun is also very capable and will not lose money. I heard that as early as the beginning of this year, he began to acquire properties and other British-owned companies on a large scale. His view is obvious Just like us. ”
"This is why I wanted to invest in him in the first place. Although Qi Dezun is British, he did succeed from scratch by himself, much better than the Keswick family." Yang Wendong nodded and said: "Lao Fang, Hutchison You should also note that his funds should be limited. If he raises shares to raise funds, we will also invest a little bit to increase the shares and maintain the 20% ratio.”
No matter what happens to Whampoa Company, Hutchison itself is also a very high-quality investment target, because the original acquisition of Whampoa by Hutchison was also controlled by HSBC in the late 1970s. Before that, under the leadership of Qi Dezun, Hutchison's The stock went from less than HK$100 million in the early days to an astonishing market value of HK$7 billion by the end of 2072, almost threatening Jardine Matheson's status as the number one consortium.
However, it is not that it has actually increased by nearly a hundred times, but that it has continuously raised funds to dilute its shares to obtain funds. Therefore, as the major shareholder, if Yang Wendong does nothing, the shareholding ratio will also decrease. Taking advantage of the current low stock price, he will naturally Make sure that your share quota remains unchanged.
Fang Xianjue agreed and said: "No problem."
Yang Wendong continued: "As for the fourth goal, I want you to secretly acquire the stocks of Jardine Matheson, Land and Wharf."
"Yihe Group?" Fang Xianming and Zheng Zhijie's expressions changed drastically, and they asked: "Yang Sheng, what do you want?"
"Don't worry about this, just buy stocks." Yang Wendong shook his head and said: "And this will be a long-term plan. Take your time and it may last for many years, so this year just take advantage of the low stock price to buy more. The core goal is Achieve the goal without disturbing the management of Jardine.”
Among the British capital in Hong Kong, except for the "quasi-central bank" HSBC, the best assets belong to Jardine Matheson and Swire. The latter is controlled by his family with 50% of the shares, so it is not considered. The former controls Land and Wharf. There are a large number of properties in the core locations of Hong Kong Island and Kowloon Peninsula that will make anyone greedy.
Any Chinese wants to annex Land Wharf. Li Jiacheng and Pao Yugang both did it in history. Naturally, they will do it earlier. 1967 is a good start.
"Okay, no problem." Fang Xianming agreed,
He also understands what his boss means and plans for the future. However, Jardine can be said to be the largest British-funded consortium under Hong Kong British. In terms of strength, it is not inferior to Changxing. It is not easy to acquire. And even if Changxing Group develops better in the future, Hong Kong British How do you pass the government test?
"There is one last goal." Yang Wendong paused and said, "I want you to acquire the shares of Dairy Milk International."
"Does Yang Sheng want to acquire Milk International Company?" Zheng Zhijie asked: "Although Milk Company was once British-owned, it has been controlled by Sir Zhou Xinian in recent years and is considered a Chinese-owned enterprise.
Milk International has a large amount of high-quality land in its hands. If it acquires it, it will be very helpful to Changxing Real Estate. ”
"In addition to real estate, Milk International's milk, ice-making, food and other industries are also of great help to Watsons." Yang Wendong nodded and said: "Buy shares first, and we will wait and see what happens if we make an acquisition. Zhou Xinian is very prestigious in Hong Kong, and we will Launching a hostile takeover will have very negative consequences.”
From a profit perspective, Milk International must be a very good asset, otherwise Land would not have spent a huge price to acquire it in a few years. But now Yang Wendong can be said to be a representative of the Chinese business community, and he will be ruthless against Chinese consortiums. What a perfect fit.
There are many ways to make money, but reputation takes a long time to maintain. This is why many businessmen spend a lot of money on fame after becoming rich.
There will be no problem in becoming a shareholder of Dairy Milk International first. As for the subsequent layout, let’s see whether Land will do the same thing.
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(End of chapter)