Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 12

Tang Wan walked around the house for five or six minutes before returning to the sofa in the living room to sit down.

He smiled at Liang Yuan's smile and said, "You little bastard on the phone is so scary. It doesn't seem like a big deal. Tell Aunt Ning what the hell you are trying to do in Hong Kong."

"I heard Aunt Ning say so scary, and I thought I would be wandering overseas in the future. I just saw Aunt Ning who was interested in visiting the room. I knew that the newspaper was no big deal. Since I could go back, I would be relieved." Liang Yuan said with a smile.

Seeing Tang Wan pretending to throw the sofa cushion beside her, Liang Yuan quickly put the topic on the topic and said, "Aunt Ning thinks this hotel is not bad, right?"

"Well, although Aunt Ning has little knowledge, this hotel is the most pleasing to Aunt Ning, whether in the Federal Republic of Germany or in China."

Liang Yuanxin said that whether it is the Hamburg Hotel where Tang Wan lived with two girls last year when she was in the Federal Republic of Germany, or the Great Wall Hotel in the Peking that Tang Wan often visited in the Republic, they are all top hotels in their respective countries, if Tang Wan had little knowledge, no one would dare to say that she had much knowledge.

"Aunt Ning, I plan to buy this hotel." Liang Yuan said.

"Xiaoyuan plans to enter the hotel industry? Is Xiaoyuan going to develop the Shangri-La hotel in Shengjing into a chain group?"

"Aunt Ning told you that this matter must be considered carefully. If Xiaoyuan develops Shangri-La into a chain hotel group, it needs to change its name. Shangri-La is a famous consortium run by overseas Chinese in Southeast Asia. There is already a hotel with the name Shangri-La in Peking in China. It is OK to call Shangri-La in Shengjing. If you go to another place, Xiaoyuan will try to change its name. We can't leave the impression that overseas Chinese are bullying."

Liang Yuan heard Tang Wan speak very quickly and couldn't help but feel grateful. When Liang Yuan built the hotel, he just called Shangri-La casually. When the hotel was completed, Liang Yuan remembered that the Malaysian Genting Group, which belongs to Shangri-La, had already entered the Republic in 1987.

Yuanjia started a large-scale construction project in Shengjing, claiming to build the tallest building in Northeast China. The media in Liaoning Province have already hyped up countless times. As long as Shangri-La in Peking is not a fool, I must have heard of the tall building built in the capital of the next province.

Faced with this "chiluo" naked infringement, the reason why no one came to him must have a close relationship with Tang Wan. Liang Yuan heard what Tang Wan said, if Liang Yuan insisted on doing it alone, he would mean to drive out the real brand.

Liang Yuan never thought that as Genting International's domestic partner in the Republic, Republic Minmetals Group had already contacted Tang Wan for the hotel name, but Tang Wan directly pushed back.

In Tang Wan's words, everyone has approved the project in 1987, so why can't we call it Shangri-La? Besides, the one in Peking is called Shangri-La International Hotel, and the Shangri-La Hotel in Shengjing is a matter of two things. Since the Liaoning Provincial Government has approved the Shangri-La Hotel project, it means that we are reasonable and legal. If Wugang is not satisfied with the provincial decision, it will be better to go to the State Council to complain.

Not to mention in the 1980s, even if the metallurgical department of the New Century Republic was not a strong yamen, otherwise the famous Metallurgical Ministry would not have become a Metallurgical Association. Wugang is not a fool, how could he win a lawsuit? Fortunately, the Shangri-La Hotel in China belongs to the holdings of Wugang Group, and in the end, this matter did not even make a wave. It turned into a past tense silently.

"Aunt Ning, I criticized real estate and other industries with the senior executives of Yuanjia last year. How could I focus on the hotel industry?" Liang Yuan smiled.

"This hotel called Wenhua Oriental is considered the best hotel in Hong Kong and belongs to the industry under the Jardinhos Hong Kong. What I mean by acquiring a hotel actually refers to the acquisition of Jardinhos Hong Kong." Liang Yuan simply expressed his purpose.

"What!" Tang Wan's voice couldn't help but rise three degrees higher.

Just last year, Jia Xiaosheng, the helmsman of Hong Kong CITIC, who was regarded as a business genius by countless people in the Republic, joined forces with several first-class Chinese consortiums in Hong Kong to launch an acquisition war against Jardine's Hong Kong Land, a subsidiary of Jardine.

After more than half a year of fighting over the stock market, the Chinese capital consortium finally gained nothing and was forced to sign a sub-city alliance with Jardine. The two sides agreed that within seven years, the Chinese capital consortium would no longer acquire the equity of any Jardine Welfare company under the company, in return for Jardine Welfare's acquisition of Jardine Welfare's shares in the hands of the Chinese capital consortium at the market price.

The failure to acquire Hong Kong Land was the first time that Hong Kong CITIC failed on Hong Kong Island. At that time, Jardine Mahjong's foreign company brought countless troubles to the Republic's diplomacy.

As the largest and oldest foreign company in Hong Kong, Jardinea not only encouraged British businessmen to leave Hong Kong, but also made remarks on the 1997 end, which had a great adverse impact on Hong Kong society. Just after the New Year this year, the Republic's Foreign Minister Qian Qichen also officially named Jardinea and warned him not to undermine Hong Kong's prosperity and stability.

"Aunt Ning, after signing the cooperation agreement with MBB, Zhou Yuanhang, Sun Zhuolin and others held a meeting in Europe. In order to avoid being restrained in the future, the meeting decided to independently establish human resources for aviation by COMAC and then work in the joint venture in the form of an outsourcing."

"After the resolution was formed, COMAC's finance made a budget. Before the CM75 passenger plane was put into service, COMAC's annual labor cost was about US$200 million. Even if the entire group draws funds, it can't make up for such a big hole. I thought it was still familiar with the land in Hong Kong and planned to find some extra money here."

"Then Xiaoyuan plans to acquire Jardine?" Tang Wan's surprise in her eyes did not diminish at all.

Liang Yuan nodded honestly and said, "The root of this matter is still in Aunt Ning."

"On me?" The doubt in Tang Wan's eyes became increasingly intense.

"Aunt Ning once warned me not to participate in some messy things in Shengjing. I have always admired Aunt Ning's judgment in this regard."

"If, I mean, if Aunt Ning's judgment was not wrong, what would be the situation for Hong Kong? Last year, during the preparations for Nansha, the Hong Kong stock market was shocked three times a day, which was basically the same as a roller coaster. The amplitude of the Hang Seng Index exceeded 800 points, and the market value of Hong Kong Land fell to HK$7 billion. What can Aunt Ning see from here?"

Although Tang Wan failed to do business, she was extremely experienced in government. After hearing Liang Yuan say that, Tang Wan frowned and thoughtlessly.

After a long time, Tang Wan said, "What if Aunt Ning made a mistake in judgment?"

"It's better to acquire Hong Kong Land. The current market value of Land Land is around HK$12 billion. Yuanjia's account has 600 million US dollars of cash that can be called at any time. Deutsche Bank's headquarters has agreed that as long as Yuanjia uses shares in North America and Europe Shangri-La Electric as collateral, he can get a medium- and long-term loan of US$600 million at any time."

"My uncle is currently negotiating with Deutsche Bank Hong Kong Branch, intending to convince Deutsche Bank Hong Kong Branch to allow us to acquire Hong Kong Land through bond acquisition."

After listening to Liang Yuan's words, Tang Wan couldn't help but feel mixed emotions. The boy in front of him watched him grow up with his own eyes. What he never expected was that it took only three years for Liang Yuan to achieve such a scale. The ability to mobilize funds of US$1.2 billion was converted into Hong Kong dollars according to the Hong Kong-related exchange rate system, which is 9.36 billion Hong Kong dollars.

The consortium that can spend so much cash in a short period of time should not exceed one hand. If Liang Yuan was involved in this time, even if he fought head-on, he would be able to snatch Hong Kong Land from Jardine Mathematics from the hands of the Chinese businessman a year ago.

"What does Xiaoyuan mean when he mentioned the bond acquisition method?" Tang Wan asked.

"Simply put, Deutsche Bank allows us to mortgage the equity of Hong Kong Land, which is not ours, and obtain loans from Deutsche Bank that are equivalent to the market value or two-thirds of the market value of Hong Kong Land." Liang Yuan's words were extremely confusing.

Tang Wan thought for a while before she realized that Liang Yuan’s meaning was to use the land equity that was not his own as collateral, and then use the cash from the mortgage to acquire the target company, which is equivalent to getting on the bus first and then replenishing the ticket.

"What is the benefit of this matter to Deutsche Bank?" Tang Wan asked in confusion.

"Aunt Ning, Hong Kong has always been the territory of HSBC and Standard Chartered Bank. Whether it is British or Chinese, it is almost all large corporate consortiums on Hong Kong Island. They have close financial transactions with HSBC. Even if other banks want to enter Hong Kong to conduct business, how can banks survive and make profits without companies coming to borrow money?"

"For excellent companies with outstanding profitability, banks are eager to borrow more, the better. Yuanjia's operating ability and profitability are of top reputation in Deutsche Bank's eyes. Once Deutsche Bank forms a close partnership with us, then Yuanjia's expansion in Hong Kong will be equivalent to Deutsche Bank's expansion in Hong Kong."

"To be extreme, if we have the ability to buy the entire Hong Kong and maintain profits, and only maintain close financial relations with Deutsche Bank, then it is equivalent to Deutsche Bank driving HSBC out of Hong Kong without bloodshed." Liang Yuan said with a smile.

Tang Wan heard Liang Yuan say a lot, rubbed her forehead with her fingers and said, "I really couldn't imagine where Xiaoyuan learned these things. Aunt Ning was so tired that she couldn't think of business that could still operate like this."

"I heard Xiaoyuan say that the prospects are so good, has Deutsche Bank agreed?" Tang Wan asked.

"Because the responsibility rate of Hong Kong Land has exceeded 70%, Deutsche Bank's Hong Kong Branch only agreed to give us a loan of half of Land's current market value. My uncle has been bargaining with them these days."

"Have Xiaoyuan considered taking a loan from a domestic bank?" Tang Wan asked.
Chapter completed!
Prev Index    Favorite Next