Chapter 426: One person attains enlightenment, chickens and dogs ascend to heaven
Chapter 426: One person attains enlightenment, chickens and dogs ascend to heaven
After the meeting, the building was empty and only four people were left in the attic: Fat Cat, Atang, Uncle Gensheng and Gao Laosen.
Gao Laosen was writing accounts at his desk. He put down his pen and wrote a summary: "Seven major halls, twenty full-time staff, pledged 127 million Hong Kong dollars."
"The highest number is Jiang Hao, who pledged 18 million, followed by Danta, who pledged 13 million, and the rest are all below 10 million."
"My uncles have pledged a total of 32 million, and the funds have reached 150 million!"
"There are still many fake positions, and the brothers in the same gang haven't given up yet. It's really shocking that Lao Zhong's sovereign fund can raise 200 to 300 million yuan."
Four years ago, even if the Lao Zhong signboard was sold, it wouldn’t be worth even 10 million Hong Kong dollars!
Now, the chief official of the hall alone can take out 100 million. It is really a complete change.
Even the veterans who have been in the business for a lifetime were amazed, and the more they calculated, the more incredible it became.
Uncle Gensheng was wiping the incense table when he suddenly put his hands together and kowtowed to the Second Master. As he offered incense, he said, "If one person achieves enlightenment, all the people around him will benefit. The current status of the clan is all thanks to Atang."
The fat cat squinted his eyes, smiled amiably, and nodded, "Yes, there are wrong names, but there are no wrong nicknames."
"It was Lao Zhong's fortune to accept Atang as his disciple. It is the proudest thing in my life to support Atang to succeed. It brings honor to our family, it brings honor to our family."
"I can die with my eyes closed!"
Yin Zhaotang held the teacup, leaned against the window, and looked at his reflection on the wall: "Grandpa, live two more years, so that I can try harder, and stop talking about death."
People of this age rarely fear life and death. What they hope most is to live their limited life brilliantly and meaningfully.
Fat Cat smiled and said, "I have lived a more comfortable life these past few years than I have in half my life. I am just waiting for the day when I can pass the dragon head stick to you. That will be the perfect day in my life."
"In the past few months, I've been feeling sleepy and dozing off even during meetings and drinking tea. I don't have the energy to hold you up anymore!"
Gao Laosen moved his wrist to relieve the pain and grinned, "Atang is a god, and we are just chickens and dogs? Brother Mao, I don't accept it."
Fat Cat smiled and looked at his brother: "If you are not convinced, find a place to sulk."
Uncle Sen slammed the table and said, "Pick, I was also a second-rank marshal. If I didn't plant the trees, would there be future generations to enjoy the shade?"
Yin Zhaotang raised his hands and saluted: "Uncle Sen is right. I am standing on the shoulders of giants. Without the efforts of the predecessors, I would not be where I am today."
Uncle Sen raised his eyebrows: "So I am a giant? I can't be called a giant, I can't be called a giant, hehehe."
Fat Cat sighed, and was glad again that he didn't let Gao Laosen get the dragon head stick. He asked, "Two or three hundred million is not enough to buy the land company, right?"
Yin Zhaotang shook his head slowly: "It's not enough, but as long as I buy 30% of the shares and become the largest shareholder of the land, I can get the management rights."
"If I continue to slowly acquire shares, it will be no problem for me to become the largest shareholder of Hong Kong Holdings in a few years. To buy 30% of the shares, I will need at least HK$1 billion!"
In the 70s, the market value of Hong Kong Land Company exceeded HK$ billion, and its core assets were divided into two parts: Central properties and Mid-Levels residential properties. The Central properties were mainly composed of self-owned skyscrapers, with representative properties including "Jardine House", "Prince's Building", "Alexandra House", "Mandarin Oriental Hotel" and so on.
The most famous residential buildings in Mid-Levels are Plum Court and Orchid Garden, and there is also a 20-building commercial complex in Pokfulam.
The Hong Kong Swire Properties owns a large piece of land on Leisure Road in Central, covering an area of 14.4 square feet. The location is excellent and it was acquired from the Hong Kong government at a high price of HK$82 billion in February 2.
But the Sino-British negotiations had already begun before the project was even approved, and then the world-famous painting of the Iron Lady wrestling appeared. It was this plot of land that killed the Hong Kong Land Development and even its parent company, Jardine Matheson. Now it is being discounted again and again and is about to be sold off along with the entire Hong Kong Land Development.
At its peak, the market value of Swire Properties should have exceeded 50 billion, but apart from the commercial buildings it owns, the residential areas will be sold one after another.
When the profits are taken away by the parent company, the market value will fall. Jardine Matheson also separated the Mandarin Oriental Hotel and cut off Hutchison Whampoa. In addition, British capital was sluggish and its strategy was shrinking, while Chinese capital was cautious and afraid of war. There were few suitable buyers in the world.
If they want to sell it, they can only lower the price again and again. After several cuts, the market value of Swire Properties is only a few billion. Using 1 billion to buy 30% of the shares is considered a reasonable price.
When there is no foreign capital to support the market, the assets of Hong Kong Island will be sold at a low price. When the so-called Global Group acquired Wharf Holdings, Bao Yugang only put out 22 billion Hong Kong dollars. Later, the price soared to tens of billions, and he made a lot of money. There is a characteristic in the market that foreign capital is afraid to hold Hong Kong Island assets. When Chinese hold them, the market value will rise instead.
Fat Cat didn't understand the twists and turns, but he was very familiar with the Hong Kong Land, the skyscrapers standing in the city center. He asked in disbelief, "One billion, is it enough to buy one-third of the Hong Kong Land?"
Yin Zhaotang laughed and said, "If you want to get involved, isn't it just you robbing me and I robbing you?"
Fat Cat suddenly realized, holding the dragon head stick, he said with a smile: "It's reasonable, very reasonable! There is still more than 100 million in the account, and with double the leverage, it should be no problem to find a Chinese bank."
As long as the sovereign fund promises to use the purchased Hutchison Whampoa shares as collateral, it can easily get double the leverage, and Far Eastern, Hang Seng, Wing Lung, Bank of East Asia, and even domestic banks will compete to lend.
In the capital counterattack, the Chinese banking industry plays a leverage role, assists Chinese businessmen in acquiring assets, and grabs interest and customers. This is its mission as a financial tool.
Whether it is establishing a sovereign fund, raising funds, or negotiating acquisitions, each of these tasks takes several months and is carried out simultaneously, which is very labor-intensive.
When the outside world received news that Lao Zhong had set up a fund and started negotiations with Jardine Matheson to acquire shares in Hutchison Whampoa, it immediately understood that Lao Zhong wanted to swallow up Hutchison Whampoa in one bite.
A gangster wants to take over the Central land king, which really makes big bosses like Li Jiacheng, Cheng Yutong, and Li Zhaoji look at him differently. Regardless of whether it succeeds or not, Lao Zhong has formed a consortium system, armed forces, and the support of New Territories villagers. In time, it is possible to step on the heads of the four major real estate developers, dominate Hong Kong, and establish a shadow dynasty.
The four big families back then relied on the foreigners to be compradors, and Lao Zhong relied on the mainland to develop Hong Kong. Their methods were similar. But their goals were different. One was foreign colonization and compradors sucked blood, while the other was Hong Kong people governing Hong Kong and developing the national economy. When the Chinese business owners learned that Shenxiantang had set their sights on Hong Kong Land, they all tacitly gave up Hong Kong Land and gave this piece of meat to Lao Zhong.
This is the meat that the loyal brothers fought hard and shed their blood to snatch back from the tiger's mouth. It is the trophy of fighting against foreign capital and foreigners. No one dares to touch it, no one dares to steal it.
One month later, the fund raising was completed. Lao Zhong Si Jiu Zai and Lan Deng Lan, a total of 17,000 people, raised 360 million, which exceeded the total of Da Di and other social groups.
Even Yin Zhaotang couldn't believe it, so he asked the newly recruited investment team of 60 people to do an investment survey, and found that many old brothers really put all their assets into it.
Unlike the "asset allocation" of the Zhazhidadi and uncle generations, the lower-level brothers dare to take a single gamble. The money previously distributed to the brothers has been returned in another form.
For the first time, Yin Zhaotang realized what it meant that confidence was more precious than gold. In the financial market, how much confidence one could bring to investors was equivalent to how much money one could have!
(End of this chapter)