Chapter 258 Business Alliance (7K chapter, please subscribe~)

  ps: The last chapter was blocked for a while. After discussing with the editor, it should be that ** City violated the rules, so now the ** city has been changed to Huaye City, which will not affect reading. I hope everyone understands!

  Xiangjiang Jade Club, private room on the second floor!

  Chu Huan, Guo Desheng, and Zheng Yutong are sitting here, as well as Guo Desheng's son Guo Bingxiang, and Zheng Yutong's son Zheng Jiachun!

  Last year, Zheng Jiachun was arranged by Zheng Yutong to join New World and became the director of New World.

   This year, he became the executive director of New World and the youngest executive director of Xiangjiang!

   This year, Zheng Jiachun is 27 years old!

   "Although you must have heard the saying, A Huan, that heroes come from youth many times, but now I still want to say it again, heroes come from youth!"

  Zheng Yutong was praising Chu Huan at the time: "Seeing A Huan's achievements now, it really makes us old guys lament that our previous years were wasted in vain!"

   Zheng Jiachun did not change his expression when his father praised Chu Huan. He returned to Xiangjiang in 1971 after receiving a master's degree in business administration from the University of Western Ontario in Canada.

   It can be said to be watching how this young man, who is seven years younger than himself, has come to the present step by step.

After Zheng Jiachun saw the report about Huaye City on "True News" today, he was also shocked and speechless for a long time. Even Zheng Jiachun asked himself, if he was in the environment of Chu Huan, would he be able to do it? Chu Huan's current achievements!

   After thinking for a long time, Zheng Jiachun thought he could do it, but it was absolutely impossible to achieve the current achievement in such a short period of time.

  So although Zheng Jiachun is also very proud, he admires Chu Huan's current achievements.

   "Mr. Zheng is too polite, I just happened to meet the meeting!"

  Chu Huan didn't show any pride, just preached with a smile.

  Zheng Yutong waved his hands and said, "A Huan, your current achievements cannot be justified by saying 'just in time'."

  Chu Huan smiled, and then said: "Since Mr. Zheng has said so, if I am more modest, it will appear a little hypocritical!"

  Zheng Yutong froze for a moment, then laughed loudly: "That's right, that's right, this should be the vigor that Ah Huan should have at your age!"

  After exchanging pleasantries, Zheng Yutong put forward his own ideas.

  Invested in Tianhai Real Estate.

  The condition he proposed was something he had already thought about before coming to see Chu Huan.

  150 million, in addition, Chu Huan can also buy 5% of New World's shares at the value of New World's current asset value!

   This condition is the same as that of Guo Desheng, but Zheng Yutong did not discuss it with Guo Desheng. In his opinion, this is the most suitable condition!

   But Zheng Yutong thought it was suitable, but Chu Huan thought it was not!

  Before Guo Desheng had the same conditions, even if the two parties had a deep friendship, Chu Huan did not agree to Guo Desheng, let alone Zheng Yutong.

   It can’t be because you will become one of Xiangjiang’s most famous business leaders in the future, Chu Huan must give him this face now.

"Mr. Zheng's joke is not funny. Selling 5% of the shares to me at the current value of New World's assets is probably inappropriate. Needless to say, Mr. Zheng is very clear about the current stock price of New World. As long as I think, I can buy it in the stock market with at least half of the price lower than this price, so why buy it in the hands of Mr. Zheng!"

  Although Zheng Yutong wants to join this super project of Huaye City, he will not deliberately lower his stance.

"Naturally, 5% of New World's shares can be purchased in the stock market, but such a large amount of purchases will definitely attract the attention of Xiangjiang stockholders. At that time, the stock price of New World will definitely rise. At that time, A Huan, if you If you want to buy it, I'm afraid it will not be so easy!"

  New World has much fewer shares in circulation than Sun Hung Kai!

  Chu Huan said indifferently: "I don't care. It's just an investment anyway. It doesn't matter how much you buy."

   This is Chu Huan's confidence in negotiating now.

  Joining the project of Huaye City is what Zheng Yutong hopes, not what Chu Huan just needs. In fact, whether there is a new world to join up to now is not important to Chu Huan.

  Chu Huan wants to use this project to initially establish a business alliance with himself as the core, but it doesn't mean that Chu Huan has to pay for it!

   There are many real estate companies in Xiangjiang, and Sun Hung Kai is only one of the more famous ones under the current situation.

  Chu Huan has confidence in this matter, but Zheng Yutong does not have the confidence of Chu Huan.

  He really needed this project so badly.

   "200 million!" Zheng Yutong said seriously: "For this project in Huaye City, our New World is willing to spend 200 million, which only accounts for 10% of Tianhai Real Estate's shares!"

  Chu Huan shook his head and said: "Actually, this project of Huaye City is not short of funds. It is not so important to have Mr. Zheng's 200 million funds."

  Everyone understands that Huaye City is a long-term project, and the investment in the first phase is at most 200 million yuan, which Chu Huan and Sun Hung Kai can fully afford!

Both Chu Huan and Zheng Yutong understand this truth, but Zheng Yutong is also very confident in himself. He believes that under his leadership, the future development of the new world will definitely have a bright future, and the value of assets will definitely double. .

   As for the company's stock price, it's just the current environment. As long as the stock market crash is over, New World's stock price will also go up like a rocket!

  New World is fundamental, so he would rather increase his investment in this project than Chu Huan get shares in New World at a lower price!

  Just now, after hearing what Chu Huan said, it is obvious that Chu Huan's goal is still his shares in New World!

  At this moment, Zheng Yutong had only two options to choose from.

   Either give up this plan, or use the future development benefits of the new world in exchange for the development benefits at this time!

   "I don't know what price A Huan you want to use to buy shares in New World!"

   Before making a decision, Zheng Yutong decided to listen to Chu Huan's offer first!

Chu Huan said with a smile: "I am personally very optimistic about Mr. Zheng's ability, but in terms of business, I hope to buy 5% of New World's shares at a price that is 20% higher than the current price of New World's stock price. Qian, I will not be able to call Mr. Zheng until after October!"

  When Zheng Yutong heard it, he subconsciously wanted to refuse!

  Although New World is not in the center of the real estate stocks in the current stock market crash, the blow to New World's stock price is not small.

   Almost lost 70%!

   Now that Chu Huan wants to buy shares in New World at such a price, Zheng Yutong doesn't want to accept it.

   But when the words came to his lips, Zheng Yutong swallowed them back!

   It's still the same sentence, he needs the Huaye City project too much.

  After a long period of arguing, Chu Huan and Zheng Yutong finally made a decision. Zheng Yutong transferred 150 million cash into Tianhai Real Estate's account in five stages according to the five stages of Huaye City.

   And New World also accounted for 10% of the shares of Tianhai Real Estate!

   In addition, Chu Huan bought 5% of New World shares from Zheng Yutong at a price 30% higher than the current New World stock price!

  After discussing business matters, the two sides exchanged pleasantries for a while, and then parted at the Jade Club.

   On the way back, Zheng Yutong asked Zheng Jiachun who was sitting next to him: "What do you think of our cooperation with Chu Huan today?"

Zheng Jiachun pondered for a while before speaking: "I don't quite understand that New World is different from other real estate companies. In order to raise more funds, other real estate companies chose to issue new shares. At the beginning, New World In the listing, except for raising the 160 million Hong Kong dollars in funds, Daddy, you have never issued new shares.

  Although this made us seem to lose more in the stock market crash, it actually didn’t do us too much harm. Dad, why do you have to use this Huaye City project to increase the stock price of New World? "

  Different from most of the real estate companies in Xiangjiang, Zheng Yutong's New World has a long career.

  New World has hardly made effective use of the stock market. Despite the sharp rise and fall of the stock market, the alternation of bulls and bears, Zheng Yutong just maintains the status of a listed company, and stays away from the stock market, maintaining a state of watching the sea from the mountains.

  Zheng Yutong prefers to use the land in his hands to mortgage the bank for loans to carry out the company's real estate operations.

   Such an operation is obviously not in line with his Sha Dantong character.

   And in later generations, Zheng Yutong even publicly stated his decision.

  There are many speculations about Zheng Yutong’s approach in later generations. Some people think that Zheng Yutong invited He Shanheng, a leading figure in the Chinese banking industry, to be the chairman of New World. He undoubtedly obtained an LC (bank letter of credit).

  However, the money from loans is different from the money from stock market fundraising.

  Loans must be repaid with principal and interest, and fundraising does not require repayment. You only need to pay dividends according to the profit status, whether there are more or less, and many companies use bonus shares instead of cash dividends.

  The debtor of the loan shall bear unlimited liability, while the listed company raising funds shall only bear limited liability.

  Therefore, operators of modern enterprises favor fundraising, and Zheng Yutong's approach seems outdated.

  Some people believe that raising funds can easily dilute the equity of the main property owner—the major shareholder, thereby losing control over the company.

  This issue must be carefully considered by any major shareholder who has control.

  Li Jiacheng and others adopted various methods such as taking advantage of low prices to consolidate their controlling rights.

   There are also shareholders and bosses of some listed companies who are negligent, or do not have enough funds to purchase a safe amount of equity for a while, and as a result become the targets of acquisitions and attacks by foreign forces.

  For example, in the "Land Acquisition War" in which Zheng participated, the listed company of Jardine Matheson Group, the largest foreign company in Hong Kong, has been acquired many times.

  Some people think that the stock market is unpredictable, so it is better to stay away from it.

Hu Yingxiang was implicated for no reason, and almost his entire army was exhausted. Xiang Daxia Xiang Zhiqiu formed his own system for stock trading. Shareholders respected him like a **** and called him the golden finger. On the other hand, Huang Yulang, chairman of Yulang Publishing Group, according to the securities regulations, the money he raised can only be used for publishing-related businesses, but he spent a huge amount of money on stocks. When the stock market crash came, Huang's family was ruined and his reputation was ruined.

   It can be seen that Zheng Yutong has a clear and full understanding of the risks of the stock market.

   Zheng Jiachun, as Zheng Yutong's successor, was naturally instilled by Zheng Yutong in this regard.

  So Zheng Jiachun actually didn't understand Zheng Yutong's actions at this time.

   After listening to Zheng Yutong, he smiled and said: "I really don't value the company's stock price very much. The stock market is changing and manpower is limited. The previous Hehe, Hang Lung is the best explanation.

   But I can't ignore this project of Huaye City.

Chu Huan's move this time is really too big, big enough to shock the whole Xiangjiang. We don't care about the changes in the stock market, but other real estate companies can't care, so besides us, there will be countless Xiangjiang real estate companies The company wants to come in and get a piece of the action.”

   Speaking here, Zheng Yutong suddenly paused and asked Zheng Jiachun, "What do you think of Chu Huan?"

  Zheng Jiachun said seriously: "This is a very capable and ambitious person!"

"how to say?"

"I have carefully read Chu Huan's development history in the past three years, but no matter how I look at it, I feel that this is an incredible thing. He has created a business empire of his own in a way different from Xiangjiang's traditional business model. If such a person has no ability, I can't imagine anyone in Xiangjiang who is more capable than him.

As for ambition, it’s easier to understand. Black and white video, and "Fantasy Comics" are all industries he started from scratch, but he was able to make these two companies become Hong Kong’s big business in just one or two years. The most influential company in the industry.

  Taking black-and-white video as an example, when Chu Huan first entered the industry, everyone thought he was just playing for a small star, but as soon as Chu Huan made a move, he strangled the lifeline of the film industry, the cinema!

   It can be seen that at that time, Chu Huan was already thinking about how to make black and white images into the most influential film company in Xiangjiang.

   Besides the current Huaye City project, while other real estate companies in Xiangjiang are still struggling to decide whether to take the route of commercial buildings or residential buildings, Chu Huan is already preparing to build a super city within a city.

   With such courage, such ability, and such ambition, I have to admit the evaluation of him by the media, he is the number one among the young generation of Xiangjiang! "

  Hearing Zheng Jiachun's analysis of Chu Huan, Zheng Yutong showed a gratified expression.

"Yes, he is such a person. The key is that this talent is 20 years old. Look at the people around him. Tang Jiqian has obtained in his hands the air spinning technology of denim that can delay the textile industry from entering the sunset industry. Guo Desheng also used it. At the lowest price, he got a 5% stake in Huhua Real Estate.

   It can be seen that Chu Huan is still very affectionate to those who have helped him.

Although we can't be said to have helped Chu Huan in this matter, we can also use this matter to formally establish a relationship with Chu Huan. I am very optimistic about this young man. Maybe in the future when we are old, The leader of Xiangjiang's business circle is this young man.

  So now when he has not officially grown up, it is very important for us to establish a good cooperative relationship in advance.

Of course, the most important thing is that the Huaye City project is indeed a very good project. The establishment of the two factories, as long as they are properly operated, is enough for those workers to purchase properties in Huaye City. The city does not lack purchasing power at all.

  This is destined to be a money-making project.

   In addition, there is one thing you still don't see through! "

  Hearing what Zheng Yutong said, Zheng Jiachun asked, "What is it?"

"Black and white images, and "Fantasy Comics", these two companies have been wholly owned by Chu Huan since their inception until now. Later, when Chu Huan regained Jiahu Textile, the first thing he did was to delist it. It can be seen that this People's desire to control is very strong.

   But now, he has started to introduce external funds in Huaye City, a business that is destined to make money and rapidly improve his personal reputation. Don't you see something? "

   After finishing speaking, Zheng Yutong looked at his son with burning eyes.

Zheng Jiachun thought for a while and said: "Could it be that the funds in his hands are not enough? No, according to the relationship between Chu Huan and Jian Yueqiang, even if the funds in his hands are temporarily short, he can still get a loan from the Bank of East Asia. In addition, his Several companies are very profitable, enough to handle this project.

   Then it is"

   Speaking of this, Zheng Jiachun suddenly opened his eyes wide, and said in disbelief: "Chu Huan wants to take this opportunity to establish a Xiangjiang business alliance?"

  Zheng Yutong nodded in relief, and said, "That's right, I think so too."

   "Is this a bit too exaggerated? If he really wants to do this, including you, Daddy, even if you join the Huaye City project, you can't listen to him?"

   Zheng Jiachun couldn't help preaching.

Zheng Yutong laughed, and said: "Chu Huan's ability will not make him have such a stupid idea. He only needs to use this project to let us form a seemingly loose alliance with him. From now on, if his If there are money-making projects in our hands, the connection between us will become closer and closer.

   Just this is enough to make people outside afraid. "

Zheng Jiachun was stunned, "I see, Chu Huan wants to use this matter to convey a concept to the outside world, that is, he and us have an inseparable cooperative relationship, and we all share common interests. Xiangjiang's influence has skyrocketed."

  Zheng Yutong nodded, and then sighed: "This young man's ambition exceeds what you, I, and many people have guessed!"

   "But if that's the case, why do we need to add firewood to him?" Zheng Jiachun asked incomprehensibly.

  In his opinion, if this is the case, there is absolutely no need for their New World to join this project to increase Chu Huan's influence!

Zheng Yutong shook his head and said: "It's different. Chu Huan needs such an alliance of interests to increase his influence, and we also need it. Our New World does not need the Huaye City project to increase the company's stock price, but other real estate companies in Xiangjiang do not. Much needed.

   And with such an alliance, what outsiders see is not only Chu Huan, but also other people in the alliance!

  So this is a game that Chu Huan has already prepared, just waiting for those of us to jump into it one by one knowingly.

   After all, no one can ignore the various benefits brought by the Huaye City project! "

  Zheng Jiachun was unable to speak for a long time. He couldn't imagine how a young man who was only 20 years old came up with such a complicated and unsolvable solution.

  As long as this alliance is established, he will become a powerful presence in the Xiangjiang business community that no one can ignore, and there may even be a monopoly phenomenon.

  Join and make a fortune together!

   If you don’t join, you may be squeezed to death by this giant-like alliance in the future!

   It seems that there is really no other choice.

"Ah Chun, I have known Chu Huan before, and he is very kind to his friends. I brought you here today, and I also hope that you can become friends with Chu Huan like Guo Bingxiang and Feng Yongfa. It will be of great help to your future business path.”

   Zheng Yutong preached.

  Zheng Jiachun nodded and said, "I understand, Daddy!"

Seeing his son's complicated mood, Zheng Yutong smiled again: "You don't have to take this matter too seriously, the so-called alliance is not so easy to form, this matter can only be said that Chu Huan thought what others can't." Thinking about things, but if you want to succeed, it is not so easy. Huaye City cannot be formed alone, and countless projects and efforts are required to succeed.

  I'm just investing in advance now! "

   Zheng Jiachun nodded again.

Both of them understood that Chu Huan thought of this alliance first, but in the end Chu Huan might not be able to become the talker of this alliance. Big joy.

  Zheng Yutong paid more attention to the Huaye City project and the possible alliance, followed by Chu Huan!

  Father and son Zheng Yutong and Zheng Jiachun were talking about this matter here, and Chu Huan also returned to his villa in Repulse Bay at this time.

   To Chu Huan's surprise, when he just arrived at the door of his house, he saw a Mercedes-Benz that he had never seen before parked here.

  The other party saw Chu Huan's car approaching and turned on the double flashing lights, obviously waiting for Chu Huan.

  Seeing this, Chu Huan asked Ma Jizu to stop the car.

  The other party's car door opened, and Chu Huan also opened the car door, smiling as he thought the other party walked over.

   "Why did Li Sheng come here!"

   It was Changshi's Li Jiacheng who was waiting for Chu Huan here. After the other party failed to find Chu Huan in Jiahu Building, he finally found out the location of Chu Huan's villa in Repulse Bay through his own relationship.

  Li Jiacheng said with a wry smile: "Of course I came to see Mr. Chu!"

  Chu Huan understood that Li Jiacheng must have come here for Huaye City.

  At this time, Changshi is not really a powerful real estate company in the real estate industry in Xiangjiang, but can only be regarded as a real estate company that looks promising.

  However, unlike Zheng Yutong's bank loan route, Li Jiacheng prefers to raise funds in the stock market.

  He used his advanced vision to avoid the stock market crash, and then used the funds he raised before to start a series of subsequent developments.

  Successively purchased and constructed 8 old buildings on Hennessy Road, 50% interest in Liancheng Building, Queen's Road Central, Kwun Tong Centric Building, Queen's Road Central Lai Jing Building, Des Voeux Road Central Universal Building, etc.

  In 1974, Cheung Kong cooperated with the Canadian Imperial Bank of Commerce to form the Canadian Excelsior Finance Company, which introduced foreign capital into the Hong Kong mortgage market for the first time.

  In the same year, Cheung Kong purchased the Chinese Bank located on Pedder Street in the Central District from Chinese Real Estate under the Li Guanchun and Feng Pingshan families, and cooperated with HSBC to rebuild the Chinese Bank as the headquarters of the group.

  At this time, Cheung Kong’s strength has already attracted the attention of HSBC and CIBC.

  In 1975, Cheung Kong took advantage of the economic downturn in Xiangjiang and the downturn in the real estate market to make important expansion again. At that time, it purchased the Saixihu site on Braemar Hill Road in North Point from Swire Properties at a low price of 85 million yuan.

Saixi Lake covers an area of ​​864,000 square feet. Cheung Kong built 925 large-scale residential units ranging from 1,260 square feet to 1,640 square feet, as well as shopping malls, parking garages, etc. on this site. The total building area reached 1.32 million square feet. Very cheap.

  In 1977, Cheung Kong took advantage of the buoyant real estate market to launch Saixihu Building for sale. The price per square foot of floor space reached 279 to 344 yuan. Cheung Kong and Canadian Imperial Bank of Commerce earned a total gross profit of 130 million yuan.

  This success has established a series of successful development opportunities for Changshi in the future.

  But the real foundation for Changshi to take off is after Li Jiacheng obtained the development rights of the properties above Central Station and Admiralty Station.

  Since the two lots are located in the most prosperous area of ​​Xiangjiang Central District, the bidding was fierce. More than 30 consortiums participated in the bidding.

  Changshi proposed a very attractive plan in response to the difficulties of the subway company's high debt and urgent need for cash return, matching the completion time of the superstructure property with the opening date of the subway.

   As a result, it broke out from many consortiums, defeated Hongkong Land, and won the right to develop properties above the Central and Admiralty Stations of the MTR. When the news came out, public opinion in Xiangjiang became a sensation.

   This can be regarded as the complete reputation of Cheung Kong in Xiangjiang, and this has been a matter for 77 years.

It was this series of successful business operations that brought Li Jiacheng and Xiangjiang's HSBC on the line, and finally in 1979, with the help of HSBC, snakes swallowed whales and won Hutchison Huang with a market value of 60 to 7 billion. , became the largest Chinese-owned real estate company in Hong Kong in one fell swoop, and before that, Cheung Kong's market value was only more than 700 million Hong Kong dollars!

  Facing this superman who enjoyed a high reputation in the country in the first half of his life, but was sprayed out by others in the second half of his life, Chu Huan still cheered up even though the opponent's current social status could not be compared with his own.

  No one else, although he knew the reason why this person came to him, but on this project, Chu Huan didn't want to bring Li Jiacheng!

Chu Huan really wanted to use the Huaye City project to form a business alliance with himself as the core, but since it is a business alliance, there shouldn't be too much competition within the alliance, especially if one person can clean it up. It is easy to give people the impression that the big bullies the small within the league.

   And many of the goals behind Chang Shi are all in the hands of Chu Huan, and they want to win, so this time, Chu Huan will never let Chang Shi join in the project of Huaye City!

  The next step is how to reject Li Jiacheng!

   Also, at eight o'clock in the morning~

  

  

  (end of this chapter)