The Industrial Giant Reborn

"What?" When Shen Bi heard this, he subconsciously said something in his mother tongue, and then looked at the leisurely Chen Zhiwen, he was almost stunned at first, he didn't speak for a while, and he didn't know what was going on in his mind.

Chen Zhiwen was also prepared for this situation, so he just sipped his coffee leisurely.

"During this period of time, I have been thinking about who is buying Hutchison shares. I even suspected the Japanese and British consortiums, but I never thought that it was Chen Sheng." Shen Bi, who quickly reacted, also returned to normal, and asked Said: "Chen Sheng is preparing to join the Hutchison Group?"

"It can be said that my purpose is to acquire the entire Hutchison." Chen Zhiwen nodded and said, it has already reached this point, and there is no need to hide anything.

"It seems that I underestimated Red Bull's profit. Chen Sheng's acquisition of Hutchison's capital came from Red Bull, right?" Shen Bi thought for a while and said, "I also don't know about Red Bull's overseas development, so I didn't expect that. , Chen Sheng may be the person behind the acquisition of Hutchison."

"Red Bull is indeed developing well." Chen Zhiwen said with a smile.

In Hong Kong, Red Bull is already very famous. Many people actually know that this drink sells well in the United States. There is also Red Bull in the Hong Kong market, but the price of 2.5 Hong Kong dollars is basically no market in Hong Kong, where the per capita income is 200 Hong Kong dollars. Because Red Bull's profits are very good, and Chen Zhiwen's employees are treated very well, and therefore, Red Bull Factory has become a company that Hong Kong's low-level migrant workers yearn for, and it has gained some fame because of it.

It's just that no one knows that just advertising on mainstream American TV stations and major super competition venues is an investment of millions of dollars every year. Now Red Bull doesn't make much money at all.

Of course, if you want to make money and reduce your advertising investment, you can easily earn tens of millions of dollars a year, but this will overdraw the potential of Red Bull in the future and the risk of being overthrown by other players. No need to take any more risks.

Chen Zhiwen's funds naturally did not come from Red Bull, but there is no need to explain too much to Shen Bi. If he does not admit it, he will send someone to the United States to investigate in detail, then the matter of Costco and Wal-Mart may not be able to hide it.

"How many Hutchison stocks does Chen Sheng hold?" Shen Bi asked after he settled down.

"About 35%." Chen Zhiwen said lightly.

"35%?" Shen Bi was taken aback again, and said, "You can already control the entire balance of this ratio, why didn't you directly announce it to the public?"

"Because out of respect for HSBC and Mr. Shen Bi, the acquisition of Hutchison has never been an issue of equity ratio, but a debt issue. Therefore, I would like to discuss the necessary issues with Mr. Shen Bi before making an announcement. In order to prevent excessive impact on the capital market and other banks." Chen Zhiwen said.

"Since you have controlled nearly 40% of Hutchison's stock, you are already the new owner of Hutchison. In this case, I would like to ask, if you become the owner of Hutchison, how will you solve the current difficulties of Hutchison?" Shen Bi thought wanted to ask.

His previous plan was that if Qi Dezun had the ability to pay back the money slowly, even if it was a bit slower, as long as he had the ability, then HSBC would not have to end, but if not, he would have to drive away Qi Dezun and hand over the record to someone who is capable To manage, after all, Hutchison still has many real estate properties, and there are also many profitable projects that have been temporarily suspended due to funding problems. As long as these projects are activated, it is still possible to revive Hutchison.

But now that outsiders have acquired the controlling stake in Hutchison, their own strategy can only be suspended. In the final analysis, HSBC’s debt safety is the most important thing. As long as the debt can be repaid safely, HSBC does not care who is the boss of Hutchison.

"Hutchison has a lot of problems." Chen Zhiwen also prepared his speech a long time ago, and said: "First, we need to clean up the current management. There are too many managements in Hutchison, and most people are superfluous. After streamlining, not only can we Reducing labor costs can also allow the entire enterprise to operate normally again.

The second is to clean up irrelevant industries. In order to expand the scale in the past few years, Qi Dezun required all companies and industries to intervene, which led to management chaos and most of the branch companies were in debt. My idea is that, except for the core of Hutchison Industry, others, all don't want it. "

"Core industry? What is Chen Sheng talking about?" Shen Bi nodded and asked.

"Real estate, port, retail, investment, I only value these four at present." Chen Zhiwen said, after Li Jiacheng acquired Hutchison, after years of development, in fact, there are only five major businesses, the previous four are related to telecommunications, Others, have been marginalized or sold long ago.

"In this way, Hutchison's scale will be reduced to less than half of what it is now. Even if Hutchison is restored, it may no longer be one of the four major foreign firms in Hong Kong." Shen Bi said with a smile.

"Whether it is the Big Four or not depends on the scale, not how many industries it involves. Even if a field grows larger, it can become the Big Four or even the largest. Besides, after Hutchison is acquired by me, it will no longer be a foreign firm. It is." Chen Zhiwen said confidently.

Hutchison’s current debt is indeed heavy. The head office and its subsidiaries’ liabilities from Hong Kong and overseas banks are estimated to be at least 2.5 billion Hong Kong dollars. In addition, since the oil crisis, the world has entered the era of great inflation. In order to suppress inflation, Europe and the United States The central bank has begun to increase benchmark interest rates, causing all liabilities to face increased pressure on interest rates.

The crisis that Hutchison is in is actually not difficult to solve. As long as it lasts for another year, the land price in Hong Kong will increase by 30%. Real estate started to take off, and it was difficult for real estate companies not to make money.

Therefore, it is very important to get the support of HSBC now. If HSBC presses for debts now, then Hutchison will only have to go bankrupt.

"Chen Sheng is very confident, but what the bank needs is a guarantee." Shen Bi said with a frown.

"If you promise, I don't know if this is enough." Chen Zhiwen took out a plastic-sealed document from the briefcase beside him, and handed it to Shen Bi.

"100 million U.S. dollars? This is the credit line of Citibank." Shen Bi's face changed drastically when he saw this piece of paper.

Citibank is one of the top five super banks in the United States. Compared with others, HSBC is just a small rural landowner.

"It was issued to me by Citibank of the United States. There is a corresponding version number on it, which is unique in the world. If Mr. Shen Bi doubts the authenticity, you can call the headquarters of Citibank to inquire about the authenticity." Chen Zhiwen said calmly.

No way, Wal-Mart's performance is really excellent. Under the leadership of the Walton family, Wal-Mart supermarkets spread from Arkansas to nearby state capitals in the United States, opening stores in one city after another. Basically, every store opens. It is so hot that it has defeated the supermarket giant Celtic in many places. Coupled with the optimism of a large number of stockholders, the stock has also risen all the way.

With such high-quality assets, what bank is not willing to provide loans?

The more money you have, the bank will try its best to collect debts, such as Hutchison's current situation, but if you have money, the bank will be more than happy to lend you more money. If you don't want it, the bank has to beg you for it.

Even if Citibank is the world's top bank, it is the same. Besides, a loan of 100 million US dollars is a huge number in this era. How many countries want to obtain such funds have to sign a bunch of agreements with ZZ conditions.

"I believe in the authenticity." Shen Bi said after putting down the document. This is just a proof, and it can't be exchanged for a penny in cash, but if it is found to be fake, it will be wanted by the United States all over the world. Besides, he also works in a bank. He has been in contact with this kind of certificate all his life. Transnational cooperation requires similar financial certificates, but he has never seen such a large amount.

"I don't know if this document from Citibank can convince HSBC that I have the ability to operate Hutchison." Chen Zhiwen continued.

"Of course, now I can only believe it." Shen Bi nodded silently.

The biggest problem with Hutchison is that there is no capital turnover, but now that it has it, it is naturally not a problem. As long as it lasts for a year or two, the real estate market and the Hong Kong stock market recover, and it will be over.

"Okay, with Mr. Shen Bi's words, I feel relieved." Chen Zhiwen said with a smile.

"Chen Sheng, what are you going to do with Qi Dezun's group?" Shen Bi asked.