Chapter 602: Chinese Capital Working Together to Exploit British Capital

Chapter 602: Chinese Capital Working Together to Exploit British Capital

Chapter 602: Chinese Capital Working Together to Exploit British Capital
Yang Wendong has many memories of the United States in the 70s, so there are still many development opportunities;
The only uncertainty is whether the butterfly effect I have created in Asia over the past decade will have an impact on business development in the United States. It should not affect the development of large industries, but it is hard to say about the people involved.

For example, Apple founder Steve Jobs may have affected his life because of his use of his own sticky notes, trolley cases, etc., although the probability of this happening is not high.

Yang Wendong does not plan to get in touch with these young future successful people too early. He will wait until they start planning to start a business before he gets involved. Otherwise, the direct impact may really make the future giant companies disappear.

Missing out on a company may be a small matter, but such technology giants influence global technological development. Even if the future direction remains unchanged, if the process you are familiar with is gone, you may lose a lot of opportunities.

After securing multiple businesses in the United States, on September 9, Yang Wendong ended his half-month business trip in the United States and flew back to Hong Kong.

The day after arriving in Hong Kong, Yang Wendong received a message from his assistant;
"John Swire wants to see me? Is it about the Blue Chimney land?" Yang Wendong said after listening.

Assistant A Ying said, "Yes, because you and Mr. Zheng went to the United States before, this business has not been finalized yet. The Swire Group seems to be a little anxious."

"In a hurry? It seems that they are also eager to enter the real estate market." Yang Wendong smiled and said, "Okay, let's meet John in the conference room on the top floor of the Four Seasons Hotel tomorrow."

When it comes to detailed business, the big boss usually does not get involved, and the professional team under him can handle it;
But if the transaction amount is large, then the boss's flattery will inevitably be needed in the end.

Ah Ying replied, "Okay, Mr. Yang."

The next day, Yang Wendong brought Zheng Zhijie and several administrative staff to the Four Seasons Hotel and met with several people from the Swire Group, headed by John Swire, the boss of the Swire Group.

John Shi Huaiya smiled and said, "Mr. Yang, long time no see. I heard that you went to the United States to discuss business?"

"Yes, I have a small business in the United States." Yang Wendong nodded.

My whereabouts are top secret to the general public, but if someone is interested, they can still find out. After all, I need to go through Kai Tak Airport to leave the country, which will leave some traces.
As the consortium that controls Hong Kong's only airline, Swire Group naturally has connections in the airport;

Furthermore, he did not deliberately keep his whereabouts in the United States secret. He also showed up when Walmart went public.

John went on to say, "Congratulations on Yang's birth. This business is growing bigger and bigger."

Yang Wendong smiled and said, "It's the same for you. The Swire Group has many businesses in many countries around the world."

Many large conglomerates in Hong Kong, or many conglomerates around the world, are involved in multiple businesses and various industries. There are so many types that even the bosses themselves are not clear about them.

It was only after the 21st century that professional technology companies became keen on doing small amounts of business in order to flatten management, whereas before that, various consortiums were very bloated.

Swire, Jardine Matheson, Wheelock and even Hutchison Whampoa are all the same, with extreme diversification and hundreds of messy businesses. Compared with these, Changxing Group may be larger in scale, but has far fewer business types.

John shook his head and said, "There are only a few core businesses of our Swire Group. The others are just the accumulation of countless years. Moreover, many of our investments are also in the Commonwealth. You are the first Hong Kong company to enter the US market and make large investments, Mr. Yang."

"There is always a first person in everything." Yang Wendong nodded and said.

The British financial group was able to expand greatly because Britain was behind it. They did very well in the Commonwealth, such as Australia, Canada, South Africa, or a few Asian countries where Britain still had influence.

It is a pity that Britain is gradually declining, and those businesses in various countries that they cannot run and can only rely on behind-the-scenes relationships are suffering heavy losses. In the past, British capital in Hong Kong declined. In addition to the lack of ambition in Hong Kong's operations, losses in overseas businesses were also a huge burden.

John added: "Haha, we don't have the ability to do that. The American market is too difficult to expand. I don't want to think too much. My goal in office is to do a good job in Hong Kong. That's enough."

Yang Wendong smiled and said, "Yes, Swire Group has developed very well in Hong Kong in recent years."

"Compared to Mr. Yang, it's far inferior." After boasting for a while, John Swire went straight to the point and said, "Mr. Yang, the real estate market in Hong Kong is very hot now, and my Swire Group also wants to invest in it as soon as possible, so I hope to reach a deal with you as soon as possible for the Blue Chimney land.

In terms of the amount, I have already made a concession of 1200 million, and you only need to pay 1.18 million Hong Kong dollars. This price is definitely cheaper than the surrounding land prices."

"I've also looked at the price, and I think it's okay." Yang Wendong nodded and asked, "John, I heard that you are planning to develop multiple plots of land. How about we cooperate? Let Changxing Real Estate develop it, and you just wait for the profits."

John Swire frowned and said, "Mr. Yang, I know that many British companies are cooperating with Chinese companies in this way, but I, Taikoo, still want to try running my own business."

Yang Wendong smiled and said, "If it's a joint venture, I will first borrow money from the bank and then give you the cost directly. After the development is completed, we will give you funds in proportion. For you, this way there will be no risk. It's all on our side, isn't it good?"

Chinese capital is actually bold and dares to leverage desperately, while British capital is the opposite;
However, this does not mean that you can make a lot of money just by being bold. In fact, risks always exist, but you don’t know when. The stock market crash in 1973 made countless brave Chinese lose their fortunes. In this kind of business, you may bet right 20 times before, but as long as you bet wrong once, you will lose everything.

The four major families in the previous life were just of average level in the early 70s. There were many families stronger than them, but they all died in several crises later.

John Shi Huaiya shook his head and said, "Mr. Yang, I still can't agree to it for now. We are going to develop two small plots of land first to learn from experience. If it doesn't work out, we can cooperate again. How about that?"

Facing the largest Chinese financial group in Hong Kong, John S. Huaiya did not make any final statements. It might be possible for them to cooperate in the future. As for how to develop real estate, John S. Huaiya was not sure.

Yang Wendong nodded and said, "Okay, I won't force you." John smiled and said, "Okay, I will draft a contract. As long as both parties sign, the Blue Chimney land can be transferred and traded immediately."

"Okay." Yang Wendong also agreed and said, "If the Swire Group has other land in the future, you can come to us. I will pay for it quickly."

John Shi Huaiya nodded and smiled: "Okay."

After Shi Huaiya left, Zheng Zhijie said, "Mr. Yang, I have prepared the funds. East Asia and Standard Chartered Bank have agreed to use this land as collateral to lend 2000 million yuan. In this way, we only need to pay less than million yuan."

"Okay, the area of ​​this land is large enough. What do you think we should build on it?" Yang Wendong asked.

Zheng Zhijie said, "I've thought about this, too. I think a commercial complex similar to Hung Hom would be nice, but the land here is good enough, so we shouldn't build residential buildings or apartments here, just office buildings and a Four Seasons Hotel. What do you think?"

"The second Four Seasons Hotel in Hong Kong?" Yang Wendong thought for a moment and said, "That's fine. It's far from Central anyway, so there won't be any competition."

In fact, even if it is in Central, it will not have much impact. There will be many hotels in Central in the future. It’s just that there is no need. Hong Kong can accommodate many hotels as long as they are not too close to each other.

Historically, Jardine Matheson also had three Mandarin Oriental hotels in Hong Kong, which did not interfere with each other.

Zheng Zhijie said: "Yes, Hong Kong's economy is developing faster now than in the 60s. There are a lot of industrial exports and international trade has increased. The demand for hotels is also high. Our hotel on Queen's Road is often fully booked."

"Shopping malls, office buildings, and hotels are indeed good. Let's prepare the design according to this idea." Yang Wendong nodded and said, "But we can also consider building an apartment building. We will keep the apartment and not sell it. Then we can rent it to some high-income groups in Hong Kong at a high price.

Especially for those who are stationed in Hong Kong overseas or those who do not plan to live in Hong Kong for a long time, it would be very convenient to live if the shopping mall is downstairs.

Let the Four Seasons Hotel be in charge of this project. After the guests rent the room, we can provide them with hotel-like services. As long as the services are in place, they will still be willing to pay.”

High-end apartments are also in high demand in big cities, because many groups need short-term rentals, but the cost of staying in a five-star hotel every day is too high. At this time, high-end serviced apartments are a good choice.

"This is a good idea, relying on service to increase prices." Zheng Zhijie also quickly figured out the key;

Yang Wendong smiled and said, "That's it. Once the deal is done, we'll let Kinmen Construction try out the design. The floor won't be very high, so it's good for them to practice. After the blueprint is drawn, we can let Bei Jinming's people take a look and give them some advice."

Due to the Hong Kong government's aviation regulations and the land prices in Kowloon, high-rise buildings will not be built here, so there is naturally no need for Bei Jinming to step in. As one of the oldest construction companies in Hong Kong, Gammon Construction is naturally capable of designing ordinary buildings, hotels, shopping malls, etc.

From his own perspective, he also needs Kinmen Construction to further improve its capabilities in this area, otherwise it will not be possible to rely on Bei Jinming in the future.

Of course, it is indeed difficult to reach Bei Jinming's level. In many industries, talent is the key. Those who lack talent cannot achieve the same results as those with talent in half a day even after decades of hard work. For example, in the field of science, Einstein and Qian Lao, many people cannot come up with a theory in their entire lifetime.

"Okay, I'll take charge of this matter." After Zheng Zhijie finished speaking, he hesitated for a moment and said, "Mr. Yang, if you want to cooperate with Swire Properties, there are ways."

Yang Wendong asked curiously: "What do you mean?"

Zheng Zhijie said: "Hong Kong real estate is booming right now, and British investors are eager to get involved. It's normal for John Swire to want to try it out first. Most British investors are like this. No one wants to share their land with others for no reason.
But because the British have no experience in this area, they can only ask the senior executives of Chinese real estate companies to manage the company. This is also a normal operation, but it gives many other Chinese companies some opportunities. "

"You mean, we should cooperate with these Chinese executives hired by British real estate companies to develop the land?" Yang Wendong asked puzzledly, "But their bosses don't agree. How can we cooperate?"

Zheng Zhijie said with a smile: "It's not direct cooperation, but persuading these people to find a way to make the British real estate project lose money, and then other Chinese companies will take the opportunity to seek cooperation, working together from inside and outside."

".Good idea, quite impressive." Yang Wendong also understood it instantly and asked, "Are all Chinese companies operating in this way now?"

No wonder British companies are losing money on real estate development when the real estate market is so hot. It turns out that Chinese companies are bleeding
We are all trying to fleece the British capital.

Zheng Zhijie said: "Some companies are doing it. I heard it from hearsay."

"Isn't it illegal to do this?" Yang Wendong asked again.

Zheng Zhijie shook his head and said, "It's not illegal. What's the law for business failure? Even if there is black money transaction, it does not involve taking benefits directly from your own company or partners.

Even if Chinese capital cooperates with British capital again in the future, that will be a matter for the future.”

Yang Wendong smiled and asked, "How can we guarantee that if the British company fails in developing real estate business, it will definitely find a Chinese company with a layout? Won't it make wedding clothes for others?"

There are still many Chinese-funded companies in Hong Kong, and real estate companies are even more numerous. There are also many successful ones. The four major families in the future are just a small part of them. There are many more that are larger than these.

It may be feasible for any Chinese company to target a British company in this way, but if the British company is sure that it cannot do real estate, it is impossible for it to choose a Chinese company.

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(End of this chapter)