Chapter 594 Walmart is listed
Although this small place in Hong Kong is not large, it has experienced many large-scale acquisitions and large-scale cooperation cases over the decades of history, and many top consortiums have emerged;
There is no such thing in other larger cities such as Tokyo, New York, Los Angeles, etc. The core reason is that after a city develops, interest groups almost monopolize everything, class is fixed, and there is nothing to argue with later generations; >
In the early battles, the city must have been small and had no influence, except Hong Kong, because in the 1970s and 1980s, the essence of the rise of Chinese capital was the rise of the mainland. In addition, historical reasons, China and Britain fought many wars. This has led to most British capital getting out successfully. Those who didn't get out of here also suffered a considerable loss.
However, Swire Group is an exception. Yang Wendong is also looking forward to whether Qi Dezun has the ability to hurt Swire;
Of course, this matter has nothing to do with him, and Swire didn't attack him, and he wouldn't have come forward for an investment company, just let the market competition play freely.
A few days later, in mid-August, in the top floor conference room of Changxing Building;
As soon as Yang Wendong entered, he found a skyscraper on the conference table, and seven or eight people stood next to the table.
One of the men, about 50 years old, was Bei Jinming, an American Chinese architect. He said, "Hello, Yang Sheng."
"Hello, Master Bei." Yang Wendong also said politely.
People in this world who have achieved the ultimate in any field are worthy of respect. Although architects are half a businessman, their abilities also make human life better.
"Yang Sheng, this is the model of the Kangle Building I designed." Bei Jinming pointed to the building on the table and said, "The design of this building is 56 floors, including 4 floors underground and 52 floors above the ground, with a total area of 130,600 feet. ;
The Kangle Building has a total of 1,800 circular windows. The building will adopt the refrigeration system of the most advanced Johnson Technology Company in the United States. It also has complete fire protection measures inside, and the walls are surrounded by the most advanced fireproofing agent insulation materials.”
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With the model and Bei Jinming's introduction, Yang Wendong soon gained some basic understanding of his design.
"Mr. Bei, what is the construction budget for this building?" Yang Wendong asked.
Bei Jinming replied: "Referring to the labor in Hong Kong and the communication with Kinmen construction engineers, the budget for the entire building is approximately between 140 and 160 million Hong Kong dollars;
Because I am not from Hong Kong, many costs cannot be clearly estimated. In addition, I do not have experience in super high-rise buildings here. If I were in the United States, I could control the costs within the range of US$1 million. ”
Yang Wendong didn't care too much, and nodded, "Okay, this kind of thing is probably enough."
The construction cost of super high-rise buildings is generally difficult to accurately estimate in advance, and this is the first building in Hong Kong;
In history, Jardinei spent about HK$150 million to build the Kangle Building. Now, Bei Jinming, whom he hired, should be much stronger in terms of construction area and insulation design. It is acceptable to be able to control the same cost; >
But even so, the construction cost of this building is not as good as the cost of land. This will be the norm in Hong Kong in the future, and super-high-rise buildings will also rise like mushrooms after a rain.
Bei Jinming also said: "That's good. According to the communication with Kinmen Building, if this building is fast, it can be completed within one and a half years. In other words, Mr. Yang could enter this new building in early 1972. ”
"Haha, the time is OK, the sooner the better." Yang Wendong nodded and said, "That's it. When the multi-party review is over at the end of the month, I will eventually decide which design to use."
Even though he knew Bei Jinming's design ability, he could give himself the lowest cost solution;
However, as a businessman, the most taboo thing is to rely on someone for a business, which is to open your wallet for the other party to watch.
Changxing Real Estate has built many buildings in Hong Kong and has invited overseas institutions to design several times, and Bei Jinming is among them, but Yang Wendong still deliberately asked Bei Jinming to fail two bids to avoid exclusive supply. Condition.
Bei Jinming smiled and said, "Okay, no problem. I hope to reach such a cooperation with Mr. Yang."
The building with a total of more than 50 floors is still in the Asian region, and it is also a considerable business for any construction company. Once it is built in the Asian region, it will be much easier to undertake other businesses.
Yang Wendong continued: "I hope so too. In the future, I will build high-rise buildings in other cities in Hong Kong or Asia. These require design, and I also hope to reach long-term cooperation with Mr. Bei."
After entering the 1970s, the economy of Asia took off, and real estate also tended to build high-rise buildings;
High-rise buildings are completely different from low-rise buildings. Each building requires professional design. A good designer, although the fees are not cheap, can build the best house at the lowest cost;
For example, the Bank of China Building designed by Beijinming in the 1980s, a building of more than 100,000 square meters was the final construction cost of only US$130 million. The year-on-year HSBC Building, which is not as good as the Bank of China Building, has a construction cost of up to US$1 billion, although the latter must have Some problems can also be seen in Bei Jinming's ability.
Bei Jinming said: "Haha, that's the best. If Yang Sheng has any buildings to build in the future, just come to me."
In the following days, Yang Wendong also watched the works of three bidding companies, France, the United Kingdom and Japan. In fact, they were very different in architectural design, after all, they were a top architectural firm;
But in terms of cost control and time, it is somewhat inferior to Bei Jinming's unique design;
Finally, at the end of August, Bei Jinming was selected to win the bid successfully. Kangle Building immediately began to prepare for construction. Thousands of workers in Kinmen Construction were ready to go and directly entered the 24-hour mode of stopping machines;
Although it is quite hard, it has sufficient rest and the money is in place. The group headquarters even ordered that workers' wages should not be delayed, which also made workers full of morale.
"If you pay a monthly salary, you can only do business under Changxing Group, which is why you have such a good thing."
"Yes, after Kinmen Construction was acquired, our workers' lives have improved a lot."
"Yes, even if the salary remains unchanged, it is a good thing to pay the money every month."
"Haha, Lao Liu, if you have money, go bet on football. It's better to give it once a year."
"Die~"
Many workers were discussing while working. They were still building foundations and were relatively idle. When the houses began to be built in the future, they would be busy. The construction of Kangle Building also marks the arrival of the new real estate era in Hong Kong, and it is also a big milestone for Changxing Group; after the building is completed, there will be a new headquarters with a huge area, which is estimated to be at least. It can be built on the land next to it for more than ten or twenty years, and can be connected by overpasses and other means, so that the area will be larger.
It was soon September. After Yang Wendong arranged some things in Hong Kong, he took a private plane to the United States;
As the company's business gradually strengthens, his business in Hong Kong has attracted less and less attention, while overseas is the opposite. The core of the group in the future is global, and the United States is the largest in the world in the next few decades. The consumer market is naturally the top priority.
New York City, Wall Street.
After Yang Wendong rushed to the nearby Waldorf Astoria Hotel, he met an old acquaintance: Sam Walton.
"Sam, it's been a long time since we met. Look at you, your complexion has improved a lot now." After meeting, Yang Wendong shook hands and said with a smile.
Sam Walton also replied with a smile: "Of course, now that Walmart is developing so well, I am of course happy, so my body will naturally be better."
Yang Wendong followed and said, "Yes, we are in a good mood, and Walmart will be listed in two days. I think we will definitely raise enough funds this time to help Walmart's next major expansion."
This time, the first thing I did when I came to the United States was to participate in the listing of Walmart supermarkets in the United States.
As the top world 500 in the future, when Yang Wendong invested in the early years, it was still a small supermarket chain. Yang Wendong also took advantage of the opportunity to gradually acquire about 15% of the shares.
For non-high-tech enterprises and nowadays, the US government will naturally not restrict foreign investment, which is very convenient for him as a time traveler.
No mistakes, one song, one content, one in 6, one book, one bar, one reading!
In the past eight years, Walmart's history has been completely different from the original one. In the early days of its business, Walton lacked funds, had severe debts from banks, and even owed many friends. Now, with the help of Yang Wendong, it naturally does not exist. Now.
But Walmart does not have only two shareholders, and there are many other investors. This is an inevitable process for many companies to grow and grow. With so many shareholders, it is naturally necessary to go public. Few people will be as prepared as Yang Wendong for a long time. Holds Walmart stock.
"Haha, yes, it's finally listed." Sam Walton smiled and said, "I have raised enough funds this time. I am ready to go out of the central part of the United States and start to enter the western market on a large scale."
Yang Wendong smiled and said, "Okay, in the Western Market, many goods from Hong Kong can easily enter the Walmart supermarket here, and we both can also achieve win-win results."
In fact, a long time ago, Yang Wendong wanted to let Hong Kong trading companies cooperate with Walmart. Yang Wendong is also a shareholder of Walmart, so that both parties can benefit;
However, Walmart's early stores were all in the central United States, and the cost of transporting from the port was very high, making even Hong Kong's supplies only a small amount of cheaper.
If Walmart starts opening stores in the western or eastern coastal areas, it can fully utilize Hong Kong's low-cost advantages.
Sam agreed readily: "No problem, as long as the price is right, I will definitely purchase a lot of things."
The core of Walmart is low cost. With Yang Wendong, the major Chinese shareholder, Sam Walton also spent some time studying goods from Hong Kong and even Asia;
I also found that if the cooperation is good, it can greatly reduce my purchasing costs.
On Friday, September 7, the New York Stock Exchange, which is currently the largest exchange in the world, has no doubt about it.
Listing here generally has special events, that is, ringing the bell, and senior executives of listed companies and shareholders can come to the stage together;
As a major shareholder, Yang Wendong was naturally invited to the scene, but ringing the bell was Sam Walton's unique right.
"Cang"
With the bell ringing, Walmart officially went public, a chain supermarket group with 86 supermarkets, 3 cargo operation centers, and a large fleet of vehicles in the central United States. After this financing, it is also the two largest companies in the United States. The market is unlimited in the future.
It is also called the "supermarket star" of the future nationwide by some people on Wall Street.
All of this was naturally due to the early capital injection of Yang Wendong and the appropriate help from Citibank.
At the beginning of the transaction, countless buying demands came with the call, and a large amount of funds poured in, immediately increasing the opening price from $8 to $9.2.
Everyone at the scene was very excited. Many shareholders and even company executives really hope to get rich overnight, and it is obvious that Walmart stocks also have this potential.
It was noon soon, and Walmart stocks reached $12, and there was still no trend.
At noon, everyone had lunch near Wall Street and then they all had their own rest.
Fang Xianming and Lin Youqi came to Yang Wendong's hotel and said, "Yang Sheng, our funds have acquired 1.6% of Walmart stocks. We are still preparing to continue in the afternoon. It is estimated that we can acquire 3% of the shares throughout the day, which just offsets the listing. The equity losses caused to us."
PS: Please give me a monthly ticket
(This chapter ends)