Vol 2 Chapter 726 Expansion of influence across all walks of life (7K large

  Chapter 726 Expansion of Influence·All walks of life (7K chapters, please subscribe~)

  No. 12, Mount Kellett Road.

  Cao Yunshang hugged the infant Chu Shifeng, shaking him gently, while preaching to Chu Huan.

   “After you finished talking with Bao Yugang, Bao Yugang probably won’t ask you to borrow money again, right?”

  Chu Huan sat on the sofa and gently shook the toy in his hand, teasing Chu Shifeng in Cao Yunshang’s arms, and preached.

   “It should be like this, but it’s okay like this. Although we don’t lack cash now, there will inevitably be several wars in the future. For us, having enough cash in our hands is the most important thing.”

  After entering 79 years, Chu Huan did have several big investments, which also took up a lot of Chu Huan’s cash.

   Among them, the investment in US dollars is the establishment of Azure Pharmaceuticals in North America. The initial investment has reached 1 billion US dollars, and the largest expenditure is the establishment of research institutions and the construction of the site.

  During the oil crisis, Chu Huan invested 1 billion US dollars.

  Gold market invested 5 billion US dollars.

  Canada and Australia each invested 1.5 billion U.S. dollars, totaling 3 billion U.S. dollars. Later, Chu Huan provided a loan of 1 billion U.S. dollars to Huo Tsar and others in the name of Alder Commercial Bank Xiangjiang Branch.

  Chu Huan invested 2 billion US dollars in the hometown BG project, of which 1.5 billion US dollars was normal investment, and 500 million US dollars was sold to Chu Huan by his hometown using Shenghai’s land as a product.

  In addition, there are investment companies that cooperate with political leaders from various countries around the world, investing a total of 2 billion US dollars!

  The total investment in US dollars is as high as 15 billion US dollars!

   Then there is the investment in Hong Kong dollars.

  Projects with more than 500 million Hong Kong dollars include four hotels built in my hometown. Now the project has officially started, and the funds have been transferred to the joint account of both parties. The total investment of the entire project is 800 million Hong Kong dollars.

  Now Wu Shuhan is in his hometown, one is responsible for the land enclosure in Shenghai, and he is responsible for the construction of these four hotels.

When Alder Commercial Bank’s Xiangjiang Branch encountered a wave of liquidation, Chu Huan took out 3 billion Hong Kong dollars to deal with it. The deposit of Alder Commercial Bank Xiangjiang Branch has been increased, so the 3 billion Hong Kong dollars Chu Huan is not considered spent!

  Far East Bank spent a total of 3 billion Hong Kong dollars to acquire Bank of East Asia. At that time, many people thought that Jiaku spent 3 billion Hong Kong dollars to acquire Bank of East Asia, but in fact there were not so many closets, only 2.2 billion Hong Kong dollars.

  In order to invest in the second-generation wealthy businessmen of Xiangjiang, Chu Huan invested 1 billion Hong Kong dollars in Volkswagen International.

  Hedi Investment Company Jiaku, which cooperates with HSBC, invested 3 billion Hong Kong dollars.

  In addition, the design drawings of the Whampoa Commercial Center have been released. According to calculations, the total investment of the entire Whampoa Commercial Center will exceed 14 billion Hong Kong dollars, but only 1.4 billion Hong Kong dollars will be invested in the early stage!

   This is Chu Huan’s investment in Xiangjiang, totaling 9.2 billion Hong Kong dollars!

   It seems that the investment of nearly 16.5 billion U.S. dollars is a huge investment, but don’t forget that in just 77 years, the profits of all industries under Chu Huan in Japan have reached a terrifying 5 billion U.S. dollars.

After more than a year of development, Chu Huan’s income in Japan is even more terrifying. According to the Jiaku meeting at the beginning of this year and the statistics of Chu Huan, Zhu Xiaozhao, Chen Haichao, Gao Kai and others, Jiaku’s income in Japan last year More than 8 billion US dollars, thanks to the development of Jiaku in Japan, the new games of Wolf Smoke Games, and the increase in sales of red and white machines and handhelds.

Chu Huan has mentioned countless times that the rebirth of a successful business person does not require any golden fingers at all. As long as he can perfectly understand the development of every industry and industry, it is enough for this person to have inexhaustible wealth .

  If this income is added to the income from North America, Europe and other places, Chu Huan would already have no need to worry about cash.

“If things go well, next year, I think Xiangjiang Jiaku can enter the stage of recuperation. Such a huge acquisition plan will inevitably require a long period of internal digestion after the end, otherwise , it will easily lead to an unstable situation at that time!”

  Cao Yunshang suggested to Chu Huan.

Chu Huan nodded and said: “There is another reason. If this acquisition plan is completed, there will only be one HSBC left in Xiangjiang Jiaku, but HSBC’s situation is a bit special. If he stays in Xiangjiang for a day, we can’t To move him, so we have to wait for HSBC to complete their disguised relocation. Now it seems that this matter must wait.

  As for the rest of Jiaku’s work in Xiangjiang, it’s just a matter of tinkering.”

  Hearing what Chu Huan said, Cao Yunshang thought of what Chu Huan had told him before.

   “So, next year, are you planning to completely sink the Jiaku?”

Chu Huan nodded and said: “That’s right. Although Jiaku has been doing this for the past two years, sometimes it is too high-profile. Next year, I will try to reduce the frequency of Jiaku. Every branch company, even if there is any action, it is in their own name.

  Now Xiangjiang seems to have no threat to us, but no one can tell what will happen in the future.

  If you want to pass on a family smoothly, you will not be able to stay in the spotlight for long! ”

  Cao Yunshang asked with a smile: “What about the overseas plans?”

  Chu Huan smiled, and said: “Things always have to be done step by step, first complete Xiangjiang’s sinking plan, and then talk about overseas!”

Cao Yunshang nodded, with doubts still in his eyes, he asked, “What about my hometown? How do you plan to go to my hometown? If, as you said, the future development of my hometown has wings, then then The situation on the sidelines definitely requires some big moves.”

  Chu Huan’s eyes were a little deep, and he said calmly: “There are still some actions being prepared in my hometown. I’m afraid there will still be some actions in a short time, but the title of Jiaku should be used carefully!”

  The two parents-in-law handed Chu Shifeng over to the nanny, and then came to Chu Huan’s study, and began to review the entire Xiangjiang plan. This time, the money-burning battle, in the eyes of many people, only involved Xiangjiang’s retail business.

If this is the case, they really underestimated Chu Huan. This time, Chu Huan not only aimed at Xiangjiang’s retail industry, but also Xiangjiang’s banking industry, as well as Jardine, Landmark, which once stood at the top of Xiangjiang’s business. ! .

  Although Yunhai Group has not yet joined this money-burning war, the money-burning war in Xiangjiang’s retail industry has already begun to weaken the company.

   This is Xiangjiang Dada Department Store and Geely Department Store in Singapore.

The owner of Dada Department Store is Yang Fusheng, who was originally from Shenghai. When he was in Shenghai, he founded the Heming shoe and hat store at the age of 20. In the 1940s, he cooperated with many businessmen in Shenghai Same, left Shenghai and came to Xiangjiang.

   Then he started to establish his own Dada Department Store, which now has 5 branches in Xiangjiang.

  In another time and space, at the peak of Yang Fusheng, there were seven branches and more than 700 employees. However, Dada Department Store still did not escape the fate of being liquidated in another time and space.

  At that time, the main cooperative bank of Yang Fusheng’s Dada Department Store was Hong Kong’s HSBC Bank. However, like other Xiangjiang businessmen, Yang Fusheng also entered the real estate industry of Xiangjiang after achieving success in his own industry.

   This also led to the insolvency of Dada Department Store itself, and was finally taken over by HSBC twice, but in the end it was still liquidated and ended its own Dada Department Store.

  Although the ending of Dada Department Store is not very good, there are still many things to be commended. First of all, Dada Department Store under the management of Yang Fusheng is the first department store in Xiangjiang to mention the commission system.

  Yang Fusheng called it the excess system, which means that if the turnover of a department is rated at 1 million, if the turnover of this department exceeds 1 million, the labor force of the entire department will increase by 50%!

  The commission system is commonplace in the department store industry in later generations, but at the time when Yang Fusheng proposed it, it was the first in the department store industry in Xiangjiang!

  Secondly, Yang Fusheng was very kind to his employees. When Dada Department Store was liquidated in 1988, many old employees shed tears when they were interviewed by TV stations, expressing their respect for Yang Fusheng.

   This time, the money-burning battle in the retail industry has put Dada Department Store in a dilemma in advance.

  In Yang Fusheng’s office, Yang Fusheng’s hair has turned gray at this time. He was born in 1919, and he is already 60 years old at this time.

   Sitting opposite Yang Fusheng is his son Yang Zhanmei.

  Speaking of which, Yang Zhanmei has a deep connection with Xiangjiang entertainment industry. His wife is Chen Baozhu, a veteran Cantonese opera star in Xiangjiang, and his son Yang Tianjing will also become a TVB actor in the future.

   “Burn money, burn money, you have to have money to burn!”

  Yang Fusheng ruthlessly stuffed the cigarette in his hand into the ashtray, and preached angrily.

   “Daddy, our company has lost more than 300,000 Hong Kong dollars in the past two days. If this continues, the company’s loss will be calculated in tens of millions of Hong Kong dollars!”

Yang Zhanmei is also a bag at this time. The development of Dada Department Store in Xiangjiang is radical. Yang Fusheng relied on his own brains and proficiency in advertising to establish Dada Department Store, but his own strength is not very deep. Bank support.

   “It seems impossible to stop this battle. If we want to survive this battle, we must solve the problem of funds!”

  Yang Fusheng also understands the key to this matter. Since it is a war of burning money, money must be needed!

  Yang Zhanmei asked carefully: “Daddy, if we restore the original price, will it be better?”

Yang Fusheng smiled wryly, and said: “Do you think that we will not participate in this war if we don’t want to? Now the loss is only more than 300,000 yuan. If we withdraw, then the lost funds may be directly Break through a million!”

  Now the ordinary citizens of Xiangjiang have gradually begun to get used to discount promotion activities. Now that everyone is discounting, the ordinary citizens of Xiangjiang don’t care who and where they buy goods.

   But if you don’t get a discount, the citizens of Xiangjiang would rather walk a few steps to other department stores to buy goods than buy from you!

   Standing upright, it is possible to survive!

   If you don’t stand up, there is only one dead end!

   “I asked you to contact HSBC, how is it going? Is the other party willing to provide us with a loan?” Yang Fusheng asked Yang Zhanmei.

  Yang Zhanmei showed a helpless expression, and said: “HSBC Bank proposed that many department stores are contacting them now, and they want to review them one by one. Now we should have other plans, and”

  Yang Fusheng took a deep look at his son and asked, “And what?”

Yang Zhanmei said: “Besides, even if we get a loan from HSBC, the loan needs to be repaid. Now no one knows when this war will end. If this war lasts long enough, we won’t be able to There is no spare time to raise funds for the future repayment of this loan!”

  Yang Fusheng asked: “What do you think now?”

Yang Zhanmei said: “If we want to continue to operate the department store business and hope to gain some benefits after the war ends in the future, then we first need to contact more banks, and second, we need to save ourselves by selling some of our family’s own holdings. Some other companies’ stocks are cashed out and then filled in the current company’s holes!”

  Yang Fusheng thought for a while, and said: “It can only be like this!”

  Yang Fusheng’s situation actually represents the same situation as many department stores of the same level as Xiangjiang.

  They don’t have strong forces and are passive participants in the war, so now they can only feel extremely confused about their future situation.

.

   Hang Lung Bank!

  Although this bank is called Hang Lung Bank, it actually has nothing to do with the original Hang Lung Properties. It was a bank established in 1935 and changed to Hang Lung Bank in 1965.

  In 1976, the Philippine Unification Agency purchased 80% of the shares of Hang Lung Bank at a price of 50 million Hong Kong dollars. Zhuang Rongkun and Zhuang Qingquan became the major shareholders of Hang Lung Bank. Now the bank has 28 branches in Xiangjiang.

   Also known as Hong Kong’s Huazi Bank!

   “The current situation is that the chairman of many department stores has called to seek loans from our bank. It is obvious that this money-burning war in the retail industry has already burned on the banking industry!”

  Zhuang Qingquan preached to Zhuang Rongkun.

  Zhuang Rongkun asked: “How is the situation at Dilai Finance?”

  There are still many problems in Xiangjiang’s financial system. According to common sense, the only companies that can accept deposits are banks!

  But there is such a company in Xiangjiang, although it is not a bank, it can also receive deposits, and this company is Diners Club Finance.

  Zhuang Rongkun, Zhuang Qingquan is not only the major shareholder of Hang Lung Bank, but also the director of Diners Finance, and Zhuang Rongkun is also the general manager of Diners Finance.

  Zhuang Qingquan said: “The financial situation of Diners Club is similar to that of Hang Lung. There are also many department stores looking for loan business!”

  Zhuang Rongkun sat there, lost in thought, and asked silently after a long time: “Do you think this time is our chance, or is it a fire pit?”

Zhuang Qingquan said: “Although the cash-burning war in Xiangjiang’s retail industry has just begun, judging by the speed of its spread, it is hard to believe that this war can end quickly. Don’t forget that Yunhai Group has not yet Let’s do it!”

  Zhuang Rongkun nodded and said: “So, you mean that we are not suitable to enter this battlefield!”

Zhuang Qingquan immediately shook his head and said: “No, on the contrary, I think this is the best time for us to enter this battlefield. In my opinion, after this war is over, the retail industry in Xiangjiang must be littered with corpses, but those who can survive can also He will definitely enjoy the dividends after the end of this war.

  Simply speaking, the pattern of Hong Kong’s retail industry will undergo earth-shaking changes because of this war.

If we enter it now and find a department store that can survive to the end to support, we can not only earn a lot of interest, but more importantly, even if the other party cannot repay the debt, we can also auction their property. , and still won’t lose money by then.

   But this is not the best result in my opinion. The best result is that we may take advantage of this war to buy shares in one or two department stores, and this is more in line with long-term development! ”

   Zhuang Rongkun nodded, smiled, and said: “That’s what I thought too, but now there is a problem, how can we be sure that that company can survive this war with our support!”

  Hang Lung Bank is different from HSBC. Although it also has a long history among Chinese banks, they do not have enough background after all.

  In HSBC’s view, whichever one they support will survive in the end.

   What Hang Lung Bank has to do is to investigate and find out among the many department stores in Hong Kong that they have certain influence, and then unite with them to survive.

  Zhuang Qingquan nodded and said: “I think so too, but now there is a problem, which is actually a bit troublesome!”

  Zhuang Rongkun asked: “What’s the problem?”

“There are too many monks!” Zhuang Qingquan asked the most important question, “There are only a few powerful department stores in Xiangjiang, but the number of banks in Xiangjiang is several times that of them. As far as we can imagine, I believe those banks must They have all thought of it, so they must also think that if this is the case, the question we need to face is whether we should cooperate with these banks, or seek wealth and insurance, and find a department store that is not so powerful. ?”

  Zhuang Qingquan’s question made Zhuang Rongkun fall into silence.

“In this way, first let the company make statistics on the situation of these department stores in Xiangjiang. I believe the data will not deceive people. At that time, we will analyze according to the situation of these department stores. If the company we choose, there are other banks related to it. , then seek cooperation with the other party.

  I have a hunch that this money-burning war in the Xiangjiang retail industry will definitely be more tragic than we imagined. Instead of fighting alone, it is better to find a suitable partner to fight together! ”

  After listening to Zhuang Rongkun’s answer, Zhuang Qingquan nodded and said: “Okay, I will do this now!”

.

  It can be said that because of the money-burning war in the retail industry of Xiangjiang, the whole Xiangjiang has been affected.

   “Tell the other party, just say that our company has two pieces of land that are being developed recently, and there is really no way to lend them money!”

  At the headquarters of New World Real Estate, Zheng Yutong helplessly preached to Zheng Jiachun.

  Zheng Jiachun nodded, and said dumbfoundedly: “Daddy, this is already the third department store to call. If you keep going at this speed, those department stores will probably call you!”

  The bosses of Xiangjiang Department Store, apart from seeking help from the bank, they are seeking help from their own friends. As the chairman of Xiangjiang Chow Tai Fook Gold Store, Zheng Yutong has a good relationship with the bosses of many Xiangjiang Department Stores.

   This also kept his phone calls from today.

“There is no way to call. This time it is obviously a money-burning battle. Even if we win in the end, it will take at least a year or two to recuperate before we can recover. In serious cases, it may even take four or five years.” Years, this is not in line with our company’s own development!”

   Zheng Yutong explained helplessly.

  At this time, Zheng Jiachun had no idea of ​​entering the retail industry. In fact, in another time and space, Zheng Jiachun presided over the acquisition of Yongan Group by New World.

  At that time, Wing On Group held Wing On Center in Sheung Wan, Wing On Building in Central District, Wing On Department Store in Yau Ma Tei, Wing On Tsim Sha Tsui East Plaza, and the 38,000-square-foot shopping mall in Nanyang Center.

In this regard, the analysis of Mr. Sicong, a senior stock critic of Xiangjiang at that time, was: “In December 1987, the book value of Wing On’s property was 1.19 billion Hong Kong dollars, of which 800 million Hong Kong dollars were recorded in 1981, and 100 million Hong Kong dollars were recorded after 1981. 100 million Hong Kong dollars is recorded at the price in 1972 and deducted depreciation.

In terms of the market value of the shopping mall, it has appreciated 10 times since 1972, and has doubled since 1981. If the above ratio is used, the property in Yongan’s hands is estimated to be 4.7 billion Hong Kong dollars, which is 3.5 billion Hong Kong dollars higher than the book value. After the revaluation of the property, the shareholders’ capital is 4.7 billion Hong Kong dollars or 16 Hong Kong dollars per share of Wing On. ”

  Sicong said with emotion: “Under the management of the current board of directors, such a huge asset can only generate a net profit of 90 million Hong Kong dollars in 1987, which naturally arouses the covetousness of others.”

   “I heard that all the banks in Xiangjiang have already started to take action. Obviously, they want to take this opportunity to enter the retail industry in Xiangjiang.”

  Zheng Yutong sneered and said: “That’s so simple, don’t forget, the Yunhai Group has not yet made a move, which shows that the current war is only at the beginning stage.

   How tragic it will be in the future, I am afraid that only God knows, those banks are eager to join now, maybe they didn’t get the cheap in the end, but they hurt their own roots! ”

  Zheng Jiachun sighed: “Yes, A Huan has not yet started to make a move. The fight in the retail industry is already so tragic. If Yunhai Group ends, countless people will jump off the building in that scene!”

  Thinking of that scene, Zheng Jiachun couldn’t help the chills down his back!

Zheng Yutong also said helplessly: “There is no way to do this. No one wants to be fished by mermaids. If A Huan really wants to dominate the retail industry in Xiangjiang, this war will definitely break out. The assets I have worked so hard to create are just like this!”

  Zheng Jiachun said: “Daddy, look at the result of this battle, will Ah Huan win?”

Zheng Yutong shook his head and said, “If it was at the beginning of the year, I would have believed that A Huan would win, but now, A Huan’s investment in this year is really too much. Only the investment in Canada and Australia alone is enough to win. There are already 3 billion U.S. dollars, no matter how abundant A Huan’s cash flow is, I’m afraid this big hole of 3 billion U.S. dollars will not be so easy to fill!”

  Zheng Yutong gave a similar answer to Bao Yugang.

Zheng Jiachun said: “Daddy, I still don’t understand. Now that the big battle has started, Ah Huan will definitely enter the arena. I was thinking, no matter whether he is raising funds or doing other things, he should I should call you, why hasn’t his call come yet?”

   Chow Tai Fook Gold Store naturally has its own stores, but at the same time, Chow Tai Fook also has its own counters in some shopping malls, Hua Department Store and Seibu Department Store have Chow Tai Fook counters.

  Now other department stores are contacting Zheng Yutong, one is to borrow money, and the other is to hope that the gold jewelry at Chow Tai Fook counters can cooperate with their company’s discount activities during this period.

Zheng Yutong shook his head again and said, “I don’t know either. Whenever A Huan encounters such a big event, he will always do amazing things, and most of these amazing things are done by his own ability. It came out, just like the previous collision with the Hong Kong government.

  The current Xiangjiang retail battle is the same, I always feel that A Huan will enter this battlefield with a posture that outsiders can never imagine! ”

Zheng Jiachun was a little ready to be moved by what Zheng Yutong said, and couldn’t help but said: “Daddy, since A Huan didn’t take the initiative to call, why don’t we call A Huan first, after all, we have more projects to cooperate with each other. It’s bigger, and A Huan may have some cash flow problems, but don’t forget that at Chu Shifeng’s 100-day banquet, all major banks in the world came to congratulate him.

   Just the scene is enough to prove that if A Huan wants to mobilize a sum of money, it will definitely be more convenient! ”

Zheng Yutong shook his head at Zheng Jiachun’s proposal, and said: “It’s not like this, I understand what you mean, so that we can not only show our friendship with A Huan, but also seek a closer relationship with A Huan in the future.” Seek better conditions in more cooperation.

But, you have to know that it’s not about buying and selling. Our New World Real Estate is an independent consortium, not someone’s appendage. If we take the initiative to contact A Huan this time, it’s fine if A Huan doesn’t think too much about it. But if A Huan Over there, if you think about our New World as an accessory of Jiaku, then when Jiaku needs to acquire the New World for its development in the future, do you think A Huan will hesitate? ”

  Zheng Yutong’s words made Zheng Jiachun break out in a cold sweat, and then asked, “Isn’t it?”

  Zheng Yutong smiled wryly and said: “I’m just in case. Shopping malls are like battlefields, and personal relationships are personal relationships, so sometimes this sense of proportion is very important!”

   Correct the typo first and then correct it, thank you everyone~

  (end of this chapter)