Chapter 324 The completion of the first phase of Huaye City and the dilemma of Hutchison Internation
Some can't wait!
Cao Yunzu rubbed his hands, speaking excitedly.
Chu Huan can understand Cao Yunzu's state. After all, the reconstruction of Huarenhang is a very influential matter. The status of Huarenhang in Xiangjiang, Chu Huan's influence in Xiangjiang, and the process of the acquisition of Huarenhang.
All of this will lead to the reconstruction of Huarenhang, which is definitely an event that attracts worldwide attention in Xiangjiang.
As for the design of Xinhua Pedestrian Street, Chu Huan had already handed it over to Cao Yunzu. The Huaye City No. 1 Commercial Center designed by Cao Yunzu had received unanimous praise. This is not considered cronyism by Chu Huan!
I am not good at architectural design, but I have two requirements. One is height. The reconstructed China Building must be the tallest building in Xiangjiang. The other is attention. The reconstructed China Building must not only be the tallest building in Xiangjiang, but also It will also become the most conspicuous building in Central, a landmark building!
Hearing Chu Huan's request, Cao Yunzu became even more excited. The rebuilding of Huarenhang is a heart-warming event. If Chu Huan rebuilds it into the tallest and most eye-catching building in Xiangjiang, then his name Cao Yunzu will not only be It is famous in Xiangjiang, but it will have a certain popularity all over the world!
However, Cao Yunzu also knew his own abilities. He could design the shopping malls in Huaye City by himself. After the design, he could directly ask his teacher Pei Yuming to check it.
But the Chinese line
A Huan, I may have to design this matter with my teacher!
Although Cao Yunzu really wanted to complete the design independently, he still told Chu Huan the truth.
Chu Huan said indifferently: I will leave the general design to you. You can ask whoever you want to help. I have no objection here!
Okay, I'll fly to North America to find my teacher now!
Cao Yunzu was also impatient. After talking to Chu Huan, he turned around and left.
Chu Huan looked at Cao Yunzu who left and just shook his head with a smile.
It was Chu Huan's decision to build Huarenhang into the tallest and most eye-catching commercial building in Xiangjiang before purchasing Huaren Real Estate.
At this time, the tallest commercial building in Xiangjiang was the Kangle Building completed last year, with a height of 178.5 meters and a total of 52 floors, which was later known as the Jardine Building.
The rebuilding of the Chinese House took place in another time and space in 1976, and the rebuilding cost was 250 million Hong Kong dollars, which became a sensational news in Hong Kong at that time.
This time, Chu Huan prepared 300 million Hong Kong dollars for the rebuilding of the Chinese Bank. After the reconstruction of the Chinese Bank is completed, Chu Huan will use the Chinese Bank as the headquarters of the company under his name.
Except for the black and white images of the Tseung Kwan O studio, the headquarters of several other companies will be moved here.
At that time, the Chinatown will be Chu Huan's base camp.
When the time entered December, I.M. Pei came to Xiangjiang with Cao Yunzu to observe the old site of the Chinese Bank, and then Chu Huan personally received Pei I.M.M. and told Pei I.M.M. his thoughts on the reconstruction of the Chinese Bank. .
After listening to Pei Yuming, he said that it would take three months to conceive the design of rebuilding Huarenhang, and Chu Huan had no opinion on this.
Then Cao Yunzu returned to North America with Pei Yuming.
And Chu Huan also ushered in another big event.
That is the completion of the first phase of the first phase of Huaye City!
Since the beginning of this year, the construction started. After several months, the first phase of the project of Huaye City has finally been completed. The first phase consists of seven residential buildings and 1,500 residential units, which can accommodate nearly 7,000 people at the same time. There is also Huaye City's first shopping mall, the first commercial center, a hospital, a kindergarten, several shops and so on.
Now that the first phase of the first phase of Huaye City is about to be completed, it will naturally involve sales and investment.
On this day, in the meeting room of Jiahu Building, Chu welcomed Guo Desheng, Guo Bingxiang and his son, Zheng Yutong and Zheng Jiachun, Hu Yingxiang and Luo Xiaoming, the general manager of Hopewell Real Estate, and Qi Dezun from Hutchison International, the general manager Lewis, and Huhua Real Estate Lu Qi, Bao Tianming!
However, apart from the shareholders of Tianhai Real Estate, there was another person involved, and that was Roy Bentley of HSBC Bank!
At this time, all the participants had bright smiles on their faces. After all, the completion of the first phase of the first phase of Huaye City means that everyone can see the return money. It is impossible to call the accounts of various companies, but it will be used to continue to develop the remaining projects of Huaye City.
But this is not important anymore. What is important is that with the opening of Huaye City, the stock prices of these companies will definitely rise somewhat.
Especially Qi Dezun, he can be said to be the one with the most complicated mood among the people present. Hutchison International is one of the four major British foreign firms in Hong Kong. Now the stock price of Hutchison International has fallen to HK$1.18 per share. The market value of Jiji International is not as good as that of some Chinese-funded groups.
However, Hutchison International obviously has countless high-quality assets.
The root cause is that Hutchison International expanded too hard during Qi Dezun's era. If the stock market has been doing well, Hutchison International's expansion is naturally no problem, but once the stock market is sluggish, Hutchison International will have May fall into a situation of poor capital turnover.
Now Hutchison International is facing such a problem.
Therefore, at this time, Hutchison International urgently needs good news to boost the stock price of Hutchison International.
Otherwise, among the four major British foreign firms, Hutchison International will be the first to fall behind!
Everyone, long time no see!
Chu Huan sat at the top and made a joke with everyone.
Hu Yingxiang smiled and said: Chu Dong, if you can avoid such an opening statement, let's avoid it. Everyone is waiting for you to make up your mind!
Because of the Tseung Kwan O studio and Huaye City, the situation of Hopewell Real Estate is better than that of another time and space. Although the stock price is still falling, it has stopped the decline, and it is not the worst of Heung Kong Huazi Real Estate.
So he was in a better mood, and at the same time, his gratitude to Chu Huan was the strongest.
Hu Yingxiang's words drew laughter from everyone.
Since everyone is waiting for their own side to make up their minds.
Naturally, Chu Huan is not polite, the first thing is Huaye City's propaganda work!
Regarding the promotion of Huaye City, the public relations departments of Huhua Real Estate and Jiaku Consulting Company have jointly come up with a complete set of publicity plans. Several copies of the publicity plan were printed and placed in front of everyone present.
Guo Desheng and others looked at it one after another.
Only Roy Bentley did not focus on the promotion of Huaye City, but focused on Chu Huan.
The cooperation with Chu Huan was regarded by Roy Bentley as his wisest choice, because the first phase of the first phase of Huaye City was about to be completed. This super city within a city that attracted the attention of the whole Hong Kong naturally also attracted HSBC's attention.
Especially now that HSBC is the only cooperative bank with Huaye City.
The success of Huaye City will bring countless benefits to HSBC, and Roy Bentley, who is in charge of this project, will naturally benefit the most.
Just two days ago, Roy Bentley learned from Sha Ya that if the sales of the first phase of Huaye City are in good condition, then Sha Ya will propose Roy Bentley at the HSBC board meeting. Acted as the manager of the loan department of HSBC Bank.
This position is much more important than the position of import manager.
And all of this was brought to him by Chu Huan.
So at this time Roy Bentley already regarded Chu Huan as his best friend!
Everyone knows the current market situation of Xiangjiang Real Estate. Although the Huaye City project has been attracting attention, it will definitely be affected by the current environment. Therefore, the main customers of the first phase of Huaye City still have to use Youth toys, the employees of Struggle Printing Factory are the main targets.
At the same time, we have also cooperated with HSBC, and HSBC will become the only housing loan bank in Huaye City!
Chu Huan preached while everyone was reading the brochure.
These are all things that everyone already knew when the Huaye City project was launched, so naturally they didn't have any opinions.
In addition, in order to attract more youth toys, the employees of Struggle Printing Factory bought the property in Huaye City. I think the workers of these two factories should be given a certain discount on the price!
Chu Huan continued to preach.
The decision this time made everyone look away from the publicity plan and look up at Chu Huan. This has already involved the interests of everyone sitting here, so naturally they need to pay more attention.
I don't need it? Qi Dezun took the lead in objecting, I still know a little about the treatment of the employees of Youth Toys and Struggle Printing Factory, and their treatment is higher than that of the same industry. Will it cause dissatisfaction among other customers?
Chu Huan waved his hand and said: Don't worry about this, after all, there has been publicity in this regard when the project of Huaye City was started, and the biggest customers of Huaye City are the workers of the two major factories. Under the market conditions of the real estate industry, it is even more impossible to lose this group of customers!
Qi Dezun pouted, but in the end he didn't say anything more. They had too little stake in the Huaye City project and had no right to speak at all.
Even if he dragged everyone else to his side, the proportion was still not as high as that of Chu Huan, and he still had to listen to Chu Huan in the end.
What's more, these people are still more willing to believe in Chu Huan. If they say more, it will easily arouse Chu Huan's dissatisfaction.
Seeing that Qi Dezun stopped talking, Guo Desheng asked aloud: How much discount does Dongni Chu plan to offer?
Chu Huan said: Now the opening price of Huaye City is set at 110 Hong Kong dollars per square foot. I am going to give them a discounted price of 95% for the employees of the two factories, which is 104.5 Hong Kong dollars per square foot. Now Huaye City In the first phase, a total of 1.39 million square feet will be sold, and it is estimated that 150 million Hong Kong dollars will be recovered when all of them are sold out, which does not include the lease of shops in the mall and the income from lease of shops!
The price was determined after discussions with Lu Qi and others. Huaye City belongs to the middle and low-end residential area in Xiangjiang, and the price of such properties in Xiangjiang ranges from 100 Hong Kong dollars to 120 Hong Kong dollars. Look at the lot!
Huaye City is located in Sha Tin, so the location is naturally not good, but Huaye City can meet the needs of residents in a community where residents can carry out daily life without leaving home, so the price is higher than that of properties in Sha Tin, but at the same time It is also lower than the land price in the prosperous area.
But even so, Tianhai Real Estate has made a lot of money.
When Chu Huan got this piece of land, he only spent 20 million yuan, which was used for the mountain reclamation project and the purchase of this 3 million square foot piece of land.
The land is only 3 million square feet, but the construction area is as high as nearly 19 million square feet, which naturally includes various supporting facilities.
The construction area of a simple residential building is about 14 million square feet, and how much is the construction cost of Huaye City, including the supporting facilities of Huaye City, the construction cost per square foot is about 53 Hong Kong dollars. Employees are sold at a preferential price, and the Huaye City residence also has a profit of HK$51.5 per square foot.
This profit is still in the low period of the Hong Kong real estate industry, that is, projects like Huaye City can see such profits. It is difficult for other real estate projects.
If the property in the first phase of Huaye City can be sold and liquidated, it will bring more than 70 million profits to Tianhai Real Estate.
It is precisely because of such profits that in the later stage, Xiangjiang businessmen will swarm into the Xiangjiang real estate industry.
If Chu Huan could wait a few years until Xiangjiang's land prices pick up, then they would earn more.
Although their construction costs will increase a bit, the housing prices in Huaye City will definitely rise even more.
Although Huaye City residences are a one-off sale, Huaye City does not sell shops and malls, and the rents brought by these places will be calculated at tens of billions a year after decades.
Zheng Yutong once said that the predecessor of Huaye City, Shatian City No. 1, was interviewed in another time and space. When Zheng Yutong was interviewed, he said that when they were building Shatian No. 1 City, if anyone could do this project alone, he would be Xiangjiang's largest landlord.
It's a pity that the project of Shatian City One was too big for Zheng Yutong and others at that time, and they couldn't do it alone!
Everyone sitting here has a reputation in their hearts, and they all understand the profits brought by this project. After hearing what Chu Huan said, they naturally have no other opinions.
The following meeting will be about some details. Because of the existence of Chu Huan, the absolute controlling party, there will naturally be no quarrels.
Soon everyone agreed on the details of the opening of Huaye City.
After the meeting, everyone got up to leave, but Qi Dezun stayed behind.
Dapan, what's the matter?
Chu Huan asked Xu Yi to prepare a cup of coffee for Qi Dezun, and then asked aloud.
Although the situation of Hutchison International is not very good at this time, Qi Dezun did not see much embarrassment on his face, and still maintained his momentum as one of the four major British foreign firms in Xiangjiang.
A Huan, your growth is really impressive. If you had the strength you have now, you might have bought the milk company directly, right?
Qi Dezun didn't tell his purpose right away, but praised Chu Huan.
Chu Huan showed a modest expression, and said with a smile: It's useless to talk about the past things now.
Qi Dezun nodded, and said: Yes, it's over after all. At that time, I saw that you are not an ordinary person, A Huan, so I always wanted to cooperate with you. Although there is a project of Huaye City now, I think we still have to cooperate with you. There can be more in-depth cooperation.
Chu Huan showed a hint of interest, and asked, I don't know what Taipan means?
Qi Dezun said: We Hutchison International has a major cooperation with Indonesia now, I hope you, A Huan, can join, so that you can expand your business territory in Indonesia, and at the same time deepen the cooperation between us!
Chu Huan immediately showed an expression of interest, and asked, How much money do you need?
When Qi Dezun saw that Chu Huan didn't even ask about the project, but directly asked how much it would cost, Qi Dezun was immediately happy, because it meant that Chu Huan was interested in this project.
As I said just now, the current situation of Hutchison International is not good, but how bad is it?
To put it simply, the market value of Hutchison International at its peak was as high as 7.234 billion Hong Kong dollars. This was the market value before the stock market crash last year, but now?
The current market value of Hutchison International is only 340 million Hong Kong dollars, 4.7% of the peak period.
The Huaye City project obviously will not return the profits of the first phase to Hutchison International, so Hutchison International urgently needs capital injection. Only in this way can the current Hutchison International be saved.
Chu Huan spent money like throwing money in October, but he left a deep impression on the Xiangjiang business community.
So now Qi Dezun set his target on Chu Huan.
But will Chu Huan fall into the trap?
Certainly not!
It has been said before that Chu Huan has a big plan next year, and Chu Huan's big plan is to acquire Hutchison International!
In another time and space, Hutchison International will fall into the crisis of breaking the capital chain next year because of the big project in Indonesia that Qi Dezun just mentioned. This will be the last straw that overwhelms Hutchison International.
At that time, Qi Dezun held a board meeting and proposed that the shareholders of Hutchison International should inject funds to alleviate the plight of Hutchison International, but the shareholder represented by Yihuifeng rejected this proposal.
And Hutchison International's international creditors are also seeking international legal channels to demand Hutchison International's liquidation. In the absence of a choice, Hutchison International can only accept HSBC's proposal, and HSBC will inject 150 million Hong Kong dollars to acquire Hutchison International for 3.365 billion yuan. % controlling interest.
It is precisely because of this operation that HSBC became the major shareholder of Hutchison International, and then the board of directors of Hutchison International was reorganized, and Qi Dezun resigned sadly!
In a few years, HSBC will package and sell Hutchison International, which has been renamed Hutchison, to Li Jiacheng, which has become the root cause of Li Jiacheng's real rise.
Now that Chu Huan has the idea of acquiring Hutchison International, he will naturally not invest in Hutchison International at this time. The inquiry just now is just to show it in front of Qi Dezun.
After all, Chu Huan's opponent next year will be Xiangjiang's giant HSBC, so Chu Huan has more bargaining chips in his hands, and the Wanguo Enterprise in Qi Dezun's hands is now the largest shareholder of Hutchison International.
In fact, when Qi Dezun took over Hutchison International, he held the entire controlling stake in Hutchison International, but Qi Dezun was too greedy.
After taking charge of Hutchison International, Qi Dezun immediately started the listing of Hutchison International, taking advantage of some investors' psychology of the prospect of foreign stocks, and launched a series of acquisitions through the issuance of new shares.
This has also led to Qi Dezun's controlling stake in Hutchison International becoming less and less. Now, Qi Dezun's controlling stake in Hutchison International is less than 30%.
But Xiangjiang's old British foreign firms basically operate like this, including Jardine!
Although the Keswick family is the founding family of Jardines and the largest shareholder of Jardines, their shares in Jardines will never exceed 20%, and Jardines' controlling stake in Landmark will not exceed 25%!
This is also the reason why some Chinese-funded consortiums thought about Jardine and Landmark later, but the status and influence of British-funded consortiums like Jardine and Hongkong in Xiangjiang cannot be shaken. In the growth period, and Xiangjiang's background.
This allowed them to safely pass through the 1970s and 1980s. But even so, Bao Yugang still snatched Wharf in the hands of Jardine.
Bao Yugang's influence is no longer limited to Xiangjiang.
It doesn't need much, 100 million Hong Kong dollars is enough!
100 million Hong Kong dollars?
Not much?
During this period, there are probably not many companies in Hong Kong that can provide this amount of funds, including Hong Kong’s banks. The Hong Kong stock market has fallen to the bottom, and the Hang Seng Index has fallen to 150 points. At this time, everyone is tightening their pants. Belt life.
Chu Huan showed a embarrassed expression, and said: Dapan, it stands to reason that I am very interested in your proposal, but you also know that I bought Chinese real estate and Golden Harvest in order to buy gas with HSBC. , and paid off the final payment of the Golden Gate Building.
To tell you the truth, I really can't raise so much money now!
One hundred million is not enough, eighty million is fine! Qi Dezun said impatiently.
Chu Huan shook his head and said, I'm really sorry, I can get 80 million together, but now several companies under my name are developing and need cash flow. If there is an accident in that company, we will The entire business landscape has the status quo of possible financial difficulties.
This time, I am afraid that there is no way to cooperate with Mr. Taipan again!
Hearing what Chu Huan said, Qi Dezun showed a disappointed expression. Just now he thought that Chu Huan could bring him a surprise, but he didn't expect that the joy would be in vain in the end.
Qi Dezun tried it later, but Chu Huan did not agree to Qi Dezun's cooperation request after all.
In the end, Qi Dezun reluctantly left Jiahu Building.
Chu Huan also asked Qin Peng to drive to Fengwu Securities directly after Qi Dezun left Jiahu Building.
What happened? So anxious?
Seeing Chu Huan coming over suddenly, Cao Yunshang asked curiously.
Immediately start buying shares of Hutchison International as a retail investor, don't show off, don't let people know.
Chu Huan spoke excitedly.
The stock price of Hutchison International at this time can't represent their real asset value at all, especially after Qi Dezun's crazy expansion in the 1960s, Hutchison International owns many high-quality industries under the name of Hutchison International, among which Chu Huan values Huangpu Dock the most. Watsons, Junyi Warehouse and major foreign firms, the real estate of Huangpu Dockyard, the retail of Watsons, and the import and export trade of foreign firms, some of these can fill Chuhuan's business territory, and some can fill in the missing parts of Chuhuan's business territory.
When Cao Yunshang heard that Chu Huan was going to buy the shares of Hutchison International, he immediately showed a surprised expression.
She is different from Chu Huan. Chu Huan wanted to acquire Hutchison International only because Hutchison International had what Chu Huan wanted, while Cao Yunshang, as a native of Xiangjiang, grew up listening to the legend of the Ah Si Ocean Company.
Now the legend is in front of him, and there is even a great possibility that he will be bought by his own man.
Such excitement is naturally conceivable.
The head is ready and ready to act at any time!
Even though he was already very excited, Cao Yunshang was able to quickly regain his composure after being pleasantly surprised. Chu Huan wanted to acquire Hutchison International, but he hadn’t been thinking about it for a day or two. He didn't know exactly what Chu Huan was going to do.
Now that I know, it is natural to ensure that there will be no problems on Chu Huan's side.
Chu Huan warned: This matter must be done very secretly, we are not the only ones staring at Hutchison International.
In another time and space, why did HSBC reject Qi Dezun’s idea of self-help? It’s not because of Hutchison International. As for whether HSBC is thinking about Heji International at this time, or after there is a problem with Hutchison International, Chu Huan has no idea. knew.
But in any case, it is not a big mistake to be careful about this matter.
If the fact that he wants to acquire Hutchison International is leaked, one is that companies such as HSBC, Jardine Matheson, etc. will definitely invite joint siege. Landmark, which has received the final payment of the Golden Gate Building, is not short of money now.
Another thing is that under the current situation in Hong Kong, it is hard to guarantee that some officials from the Hong Kong government will come forward to stop this matter.
One of the largest British-funded consortiums in Xiangjiang is going to be acquired by a Chinese businessman, and the British want to save face.
No problem, this matter is limited to me, Liu Zhiyuan, and Chen Tao. Cao Yunshang also knew the importance of this matter.
Then he asked: How long are you going to spend on this matter, and how many shares of Hutchison International are you going to buy?
Chu Huan pondered for a while, because when Hutchison International joined the Huaye City project before, Chu Huan had already obtained 5% of the shares of Hutchison International, and this time Chu Huan was going to fight against HSBC. It needs to be wooed, but you must have more shares than him in order to have more say.
Thinking of this, Chu Huan seriously said: Before August next year, it is best to be able to acquire 25% of the shares!
Hutchison International will hold a board meeting next year to deal with the financial crisis in September, but Chu Huan no longer remembers the exact day.
As for Hutchison International's 25% stake, Chu Huan has carefully calculated it. These shares plus Qi Dezun's shares will definitely exceed 51%. Will start to sell the shares of Hutchison International.
At that time, with a thunderous blow, these securities firms still have some shareholders who want to sell Hutchison International's shares to acquire Hutchison International's shares.
At that time, Chu Huan's shares in Hutchison International will exceed Qi Dezun's!
Cao Yunshang nodded and said: Yes, but according to the current stock price of Hutchison International, no one should find out at the beginning, but I think that when the acquisition exceeds 17%, there is a danger of being discovered!
Chu Huan couldn't care about these things at this time, and said: Buy first!
good!
Also, at 8 o'clock in the morning~~ If there is no change, there are two reasons, I didn't get up, or I was audited~~ I was really afraid of being audited during this period. If you want to avoid it, there is no way to avoid it~
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