Chapter 639: The Agreement of Jardine Group
In history, after something happened in the mainland, Lao Li invested a large amount of capital in Europe and the United Kingdom. Although these investments did not make a lot of money to a certain extent, and even part of them were still losing money, it cannot be said that this is a wrong investment;
When the assets reach a certain level, what is considered is not to double in many years, but long-term stability, and water, electricity, gas ports, etc. are the best choice.
Now that my investment in the UK has just begun, and the relationship network has just begun to be built. It will definitely not work to directly focus on core industries. Even in this era, the UK still has state-owned capital to control infrastructure, and it was only when it was the Thatcher era that began to privatize.
However, in addition to the core infrastructure, many industries are also necessary for social development, such as hotels, apartments, etc. Foreign capital can still be invested moderately first, which is also suitable for Yang Wendong's capital level. Although he is now a tycoon in Hong Kong, compared with Europe and the United States, there are still many consortiums, listed companies and enterprises of the same level or even higher level;
If you want to rely on traditional industries and overtake on the curve, it is difficult for even time travelers to achieve it. Only when these cakes are expanded infinitely and large consortiums respond slowly can they succeed. Even so, you must share the benefits with some large consortiums at appropriate times, so that they can develop the best interests.
This is also the reason why Yang Wendong needs to rely on the UK appropriately. It is almost impossible to expand the electronics industry by relying solely on Hong Kong's population and educational capabilities. No matter how creative the talents are, they are useless. As for poaching people, they can only alleviate some minor problems. The comprehensive one can only rely on a region with developed education, and even the mainland in the 1980s may not be able to do this.
After reaching a preliminary agreement with Standard Chartered Bank, Yang Wendong went to several other British banks, including Lloyds, which will try to acquire Standard Chartered Bank in the future, so that multiple suppliers can serve them, and ultimately choose the most suitable one, which is also the right one.
In the next few days, Yang Wendong also met several ZZ people in London, but he just got to know him and helped him appropriately at some financial levels. It can be said that he would not be a very strong alliance, but adding a little relationship will not require much help if he really happens in the future. It is enough to be appropriate or even not hinder.
This is also a necessity for ZZ investment. After all, with so many different interest representatives, even oil and military giants in Europe and the United States will choose the objects they fully support, and they cannot invest in all the objects.
This kind of ZZ at the national level is too complicated, much more complicated than Hong Kong.
In terms of business, Yang Wendong visited the VictorValue supermarket, which was once acquired by Carrefour. When this small supermarket was acquired by Carrefour, there were only 46 stores in the UK and 33 stores in London. With the investment of appropriate capital, the number of stores has tripled, and the number in London has reached hundreds of stores;
Liu Huayu said after introducing it: "Yang Sheng, what is currently restricting the expansion of VictorValue supermarkets is not the funds. After all, our supermarkets in the UK are different from Asia, and we do not need to pursue property self-support;
The biggest restriction on development is the largest The factors are transportation and information communication, and even due to the inefficiency of British ports, the goods we bought from Asia often cannot arrive on time, which has caused a certain degree of shortage of goods."
In Asian supermarkets, such as Hong Kong, Singapore, Wanwan, Malaysia, Thailand, etc., the economy of these places is far inferior to Europe and the United States. In addition to Hong Kong, housing prices in other places are not high, and Yang Wendong, the boss is also very optimistic about the future of many Asian cities and the real estate industry. Therefore, except for a few, local supermarkets should try to maintain their own self-support, including cinemas.
But although Europe and the United States are still only tentative investments, and they have also entered the UK supermarkets indirectly through the acquisition of local brands, one thing is certain, that is, they will not invest in real estate on a large scale in Europe and the United States, unless they build their own houses on the edge of the city. VictorValue focuses on medium-sized supermarkets in London or other cities, so naturally they will not spend so much more money to buy properties, and these properties also need to pay property taxes. Even if they can make profits in the future, the benefits will be relatively low.
Of course, different industries have different development needs. For example, the hotel the boss is preparing to invest in is a self-owned property, but it is just a sample hotel. The hotel in the future may also focus on the franchise model.
"The strike on the port in the UK is indeed a headache." Yang Wendong nodded and said, "We can't do anything like this. If it really doesn't work, add some warehouses and prepare some goods in advance. It will cost more, but it is better than shortage."
The decline of Britain is all-round, not only military, but also internal management is chaotic. Especially in the 1950s and 1960s, in order to make up for the losses of World War II, colonial immigration was relaxed;
But just like the United States targeted Cuba, it was intended to attract a large number of colonial elite talents to its country, but more than one million sluts came, which made the whole society a mess, and the government's finances were consumed in large quantities, which aroused opposition from locals.
Similarly, the changes in the port and technology era also triggered interest groups in the old era, and the trade unions began to affect the votes, which eventually led to various strike issues;
Although Thatcher was mixed with the people in the later British politics, her policies to suppress trade unions, sell state-owned enterprises, and support private enterprises did save Britain at that time to a large extent. "Okay, I'll arrange for the people here to solve the warehouse problem." Liu Huayu said again: "But internal transportation issues, I wonder if I can do transportation directly, just like in Hong Kong."
"Do transportation by myself? This is a bit unfavorable for supermarkets at the moment, right?" Yang Wendong asked back;
The small business scale of large enterprises is not small, so they can do it themselves appropriately, but small enterprises generally focus on outsourcing.
Liu Huayu said: "Indeed, but because the traffic efficiency in the UK is too low, not just a strike, but the efficiency of the people here is also low, even if they are white people;
The efficiency of the factory is a little low, but in terms of transportation, we cannot achieve monitoring, which will seriously affect the operation of the supermarket. So what I think is to mobilize some drivers from Hong Kong." "That's fine, there are not many people anyway, you just need to do it yourself." Yang Wendong didn't care much either.
In terms of hard work, the Chinese cultural region in Asia beats other parts of the world. This is the essential reason why China, Japan and South Korea were able to rise in their previous lives.
Liu Huayu said: "Okay, in addition, I am also planning to arrange Chinese people in some core positions. As long as we ensure that the white people in the UK have a certain employment rate, we should control the important position ourselves."
"Well, yes, but you also need to consider localization issues. You can study this yourself internally and invest in overseas companies. These aspects are difficult to control." Yang Wendong also said.
When investing overseas, you will face people who are localized or utilizing their own country. The former may not be assured, while the latter may not be in line with the market. Over the years, countless companies have been struggling for a long time and have not had an accurate answer. It can only be said that every company needs to find a model that suits its own;
The supermarket retail industry is even more special, and the market is local, so it needs to be balanced.
In the following days, Yang Wendong also played in the UK for several days, while several major manufacturing companies negotiated investment matters with the British government and intermediary companies, including land size, location, taxation, etc.
These investments that often involve tens of millions of pounds are indeed unlikely to be negotiated within a very short time. Therefore, senior executives including Yang Wendong, Wei Zetao, Wang Zhiqun and others left the UK after arranging important negotiation members, teams, and lawyers.
When I returned to Hong Kong, it was already March 6. The Hong Kong Hang Seng Index had already exceeded 600. The stock prices of a large number of companies rose sharply, from the bosses of listed companies to ordinary shareholders, as long as they participated, they almost made a fortune.
Not only Chinese capital, but also British capital enterprises. Jardine Mathematics, Land, Huidefeng, Hong Kong Ding, and Hutchison Whampoa have also become popular targets of countless capitals. After all, these companies either have a large amount of land in Hong Kong or control some core infrastructure lifelines, and will never lose money. This kind of industry also makes some investments that dare not take too risky.
After Yang Wendong arrived at the office on the 8th, Fang Xianming, who was in charge of financial business, arrived and said, "Yang Sheng, I have acquired 29.6% of the shares of Hutchison Whampoa. The stock price of Hutchison Whampoa on the market has also increased significantly, exceeding the growth of other British peers. Some stock investors have already suspected that someone is a large-scale acquisition of Hutchison Whampoa stocks."
The latest ⊥Xiao⊥Xiao⊥9⊥Book⊥⊥⊥Bar⊥⊥⊥⊥⊥! "The eyes of this group of people are quite sharp." Yang Wendong smiled;
It is said that in history, Li Jiacheng attacked Hutchison Whampoa in 1978 and was discovered by a stock analyst first. After he announced the incident, others saw that it was true, so they poured in, causing Hutchison Whampoa stocks to rise sharply, which forced Li Jiacheng, who was not very financially at the time, to retreat.
Fang Xianming said again: "According to the current trend, if we stop, and control the media well, we can suppress this matter; either we will continue to acquire, do this matter in a solid manner, and then make a public acquisition;
The previous plan will delay several months, and it is estimated that it will cost tens of millions less, and the latter plan is reversed, which can save time, but spend more money. Yang Sheng, do we need to officially announce it?"
"Several tens of millions or several months is nothing. What I value more is the success rate." Yang Wendong shook his head and said.
No matter how many months or tens of millions of dollars, it doesn't matter to him. In the face of such a strategic acquisition, some small problems are nothing.
Fang Xianming smiled and said, "From our current funding reserves and stock holdings, I think our confidence in success is at least 80%. "
"Well, okay." Yang Wendong nodded;
At this moment, the phone rang, Yang Wendong picked up the phone, and his face turned a little strange after hearing it. After hanging up, he said, "It's interesting, Jardine Henry Kessker actually wanted to ask me to go to the Mandarin Oriental Hotel, saying that there are important things to negotiate."
PS: Please give me a monthly ticket
(This chapter is over)