Chapter 638 Investment in the UK Market

Brian said cheerfully, "Mr. Yang, if you want to invest in real estate or some financial assets in the UK, as long as it's suitable, I will definitely give you my full support."

Standard Chartered Bank's business in Hong Kong has grown rapidly over the years. The core reason is that it has cooperated with Changxing Group in many fields, even in some Southeast Asian countries.
The senior executives at the headquarters are naturally aware of this. Although they are not clear about some core data, they can confirm the potential of Yang Wendong's industry and the quality of its assets. They are absolutely top-notch, and it can even be said that there is almost no risk.

Whether it is manufacturing, real estate, shipping, finance or even internal services, the development of almost every industry has been very successful and is at the most appropriate development node. This also makes many people believe that Yang Wendong's vision is very accurate. Even a lot of capital follows the direction of Yang Wendong's investment, but many industrial industries do not have that strength.

As banks, they are naturally willing to cooperate with such high-quality customers with almost no risk and huge funds. Even if their investment in the UK loses money, such large consortiums generally will not cut ties with the bank because of the loss of a project, otherwise it will affect their future cooperation with other banks.

Yang Wendong nodded and said, "Okay, this time in the UK, our group plans to invest in a five-star hotel. In addition, we will appropriately acquire some local companies. For this, we need Standard Chartered Bank to act as an intermediary for us and find the targets I need."

The Four Seasons Hotel business also needs to expand. Currently, there is one hotel in operation in Hong Kong and Singapore, and the second hotel in Hong Kong and one in Los Angeles are currently under construction.
This kind of large hotel, when it can only be built by oneself in the early stage, the development is very slow, so he also plans to build one in Europe as a sample for future cooperation with local European capital;
In the future, my group and I will have a lot of investments in the UK, and my group will often come to the UK for business trips, so it would be convenient to have a hotel of our own;

In the future, you can build a hotel in any big city where you need to travel for a long time. Anyway, this kind of business will basically not lose money. One reason is that market demand will become higher and higher in the future. Second, the real estate growth in large cities may not be as outrageous as that in Hong Kong, but it is generally not bad. In fact, the future growth in the mainland will even be higher than that in Hong Kong.

Brian said with a smile, "There are not enough five-star hotels in the UK now, and they cannot meet the market demand. It would definitely be a good deal for Mr. Yang to invest at this time. I wonder if you have chosen a suitable location and how big you want to build it?"

"That's not certain yet, but it should be in central London. How big it will be depends on how much land we can buy and the plot ratio." Yang Wendong added: "If possible, I would also like to build a large one."

Although Britain will decline in the future, this is inevitable, and the efforts I am trying now are just to hope that it can have a little revival at the last moment;
But a lean camel is bigger than a horse. Even if it declines again, it will still be the world's top developed country in the next few decades. After all, it has colonized the world for more than a hundred years and has accumulated astonishing wealth, and it will take some time to squander it.

London is the economic core of the United Kingdom. In addition, it will be one of the three largest financial centers in the world in the future. The financial business alone can guarantee the huge amount of local wealth.

Building a five-star hotel here will basically not result in losses as long as the operation is not too bad. Moreover, a large local service hotel can also generate a large number of jobs. There may even be opportunities to cooperate with local capital to build franchise hotels in the future, which will be even more in line with his interests.

Brian nodded and said, "I understand. How about this, Mr. Yang? Our Standard Chartered Bank also cooperates with the real estate industry in the UK. We have some channels for information in this area. I can find out for you which land location and area meet your requirements and then let you choose. How about that?"

If banks want to get high-quality loan projects, they have to work harder. After all, for banks, those who borrow money are big customers and the foundation for their own business to make money.

Although Yang Wendong has come to Standard Chartered now, he will certainly not tell this matter only to himself. Everyone will choose more partners and then select the most suitable one.

Yang Wendong smiled and said, "Okay, if that's the case, that would be the best. My people have actually come to the UK for inspection a long time ago. I will arrange for them to come to you." Coming to the UK for a large investment is not a sudden interest. In fact, he has been considering this aspect around the 70s. After all, a large consortium needs a political backer behind it. Currently, the UK is the most suitable, even the only one. Otherwise, how can he, a Hong Kong capital, go to the United States, Germany, or France? Who wants you?

Therefore, he arranged for people to investigate various economic conditions, real estate conditions and other data in British society very early on, regardless of whether they were useful or not, he wanted to get the data first.

"Okay, I will definitely cooperate." Brian asked again: "Financial acquisitions are also our bank's specialty. I wonder what kind of British company Mr. Yang wants to acquire?"

Yang Wendong said: "I want to acquire some electronic companies with high technology content, such as those related to home appliances and entertainment appliances. They should be medium-sized, have their own R&D capabilities, or have some reputation in the market, and meet the strategic development needs of Honor Electronics."

Research and development in Hong Kong is certainly a long-term goal of Honor Electronics, but even if it succeeds in the short term, its R&D capabilities are limited, especially in the fields of electronics, engineering, and mathematics. The few college students or capable people in society have been absorbed by Hong Kong's financial and real estate industries.

In this case, acquiring a capable overseas competitor is a good choice. In the past, many domestic home appliance companies in the mainland also made similar business moves to enter overseas markets, acquiring some medium-sized brands in Europe and the United States. In this way, they can directly obtain some channels and technologies, thereby nurturing their own parent brands. For example, Geely's acquisition of Volvo in the automotive industry was very difficult, but it was ultimately successful. Geely acquired a lot of Volvo's technology and even overseas channels.

Brian nodded and said, "I understand Mr. Yang's needs. However, it takes a long time to screen an acquisition target without a clear target, and then we need to try to contact the other party. It is difficult to make any progress in the short term."

"I know, so this matter is not very urgent." Yang Wendong said with a faint smile: "Relatively speaking, the most important thing is the investment in the UK."

In fact, the gaming industry is about to explode. As long as Honor Electronics seizes this opportunity, it will have enough funds to expand. This is why it is planning to acquire a suitable British company.

Otherwise, although Honor Electronics was considered a large enterprise in Hong Kong in the past, it was only a medium-sized enterprise compared to the international market. If it did not have sufficient self-generating capabilities, then even if the boss Yang Wendong was rich, he would not sponsor it to make large investments in industries where it had no foresight capabilities. This would be too uneconomical.

Even in the future, if Best Buy, an electronics retail supermarket in the United States, wants to have enough capital to continue expanding, it will have to borrow from American finance on the one hand, but it must also have sufficient earning power itself, which also requires relying on the gaming industry.

And if Honor Electronics' gaming industry is large in the United States, even if the US antitrust agency looks down on such a small industry, it may still be targeted. Therefore, at this time, the United Kingdom needs to stand up appropriately, at least to stand up for the industries under its colonies. Even if there is not much that can be done, it will be very helpful.

Everything is a cycle, with mutual utilization, mutual benefit and mutual promotion of development.

(End of this chapter)

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