The Industrial Giant Reborn

"Okay, then 70%, as long as you can pay immediately." Chen Zhiwen directly agreed, and maybe he can sell it at a higher price in the future if he keeps it in his hands. Even in the past few years, he will not lose money. A little feedback, but compared to the Hong Kong real estate market that is about to take off, it doesn't make any sense. It's better to just cash out and invest in areas he knows well.

"That's no problem. They have a good reputation in this industry. They rely on high cash flow to attract customers who are eager to sell their assets." Henry Morgan said.

"That's good." Chen Zhiwen nodded.

Henry Morgan went on to say: "I'm just curious. Midea arcade machines alone can earn you a lot of cash. Now you are still eager to sell your overseas assets. Is there a big investment project in the future?"

"Yes, I am about to start a super-large real estate project in Hong Kong, and I estimate that it will cost at least 400 million US dollars." Chen Zhiwen said lightly, this kind of thing will not be a big secret, and it doesn't matter if it is revealed.

"My God, 400 million US dollars? A large office building like the World Trade Center in New York?" Henry Morgan was taken aback. Such a large real estate project really surprised him.

"No, it will be a super large community." Chen Zhiwen said with a smile.

Speaking of real estate in Hong Kong, the funniest data is that many projects are huge investments, which are rare even in a superpower like the United States. , the most expensive office building per unit area, even in the 21st century.

The two World Trade Center buildings built in the 1970s, that is, the two buildings that were involved in the accident in 2001, cost a total of 750 million US dollars. Although there is a difference of ten years, inflation has a certain impact, but the area of ​​any World Trade Center building They are more than three times that of the headquarters of HSBC Bank. Not to mention, the higher the building, the higher the cost. The headquarters building of HSBC Bank can be said to be a miracle in the history of architecture.

In the 1980s in the original history, the construction cost of the Whampoa Garden project cost almost 4 billion Hong Kong dollars. Now, it is estimated that the investment of 2 billion Hong Kong dollars is required, but these figures are all fictitious. The actual investment We only use the prepayment of house buyers to carry out circular investment. The real part of our own investment is not much, but no matter how small it is, we still need several hundred million Hong Kong dollars. This is only the construction cost, and the industrial transfer business is not calculated.

"Community? Such a big investment?" Henry Morgan thought for a while and asked, "A large apartment in the city center like New York City?"

"About it?" Chen Zhiwen thought for a while and said that poor people in the United States live in the city center, but this is not suitable for megacities in the United States. Similar to the center of New York, the prices of all kinds of apartments are still very expensive, even if they are not large. It is not something ordinary people can afford. If you understand it this way, the communities in Hong Kong seem to be about the same.

"If this is the case, Eric, if you still lack funds, I can come forward and ask Morgan Bank to lend you a loan." Henry Morgan said suddenly.

"Morgan Bank?" Chen Zhiwen showed a hint of surprise, and asked, "Morgan Bank is also willing to do business in Hong Kong?"

There are two Morgan banks in the United States, one is Morgan Stanley, which is an investment bank, similar to Goldman Sachs, and the other is Morgan Trust Bank, which is a commercial bank, similar to Citibank. The giant Morgan consortium.

"It's not in Hong Kong, but in the United States. We lend in the United States. The funds are in US dollars, and you need to repay them in US dollars. As for the mortgage, we will not ask for any collateral in Hong Kong, but in the United States, such as , your Red Bull or Midea’s arcade brand.” Henry Morgan said.

"Can the arcade business be mortgaged? Doesn't it have any asset value?" Chen Zhiwen asked.

"We don't only look at the mortgage of physical materials. If a company's business development is strong, or it has a product that can be sold in the future, it can be used as collateral. However, it is not an entity after all, so the mortgage amount will be relatively low. One, the interest on the loan will be high, much higher than a normal mortgage,” explained Henry Morgan.

"How much can you mortgage this beautiful Snake and Magic Cube arcade machine?" Chen Zhiwen asked with a smile.

"The Magic Cube is not good. Although I have played it and think it is very good, I also think it will be popular, but it has not been approved by the market after all. Although I belong to the Morgan family, the internal regulations of Morgan Bank cannot be violated. Greedy Snake now sells very well in the United States, and there are plenty of orders in hand, and the potential of the market size can be roughly calculated. Not to mention, in addition to the American market, there is also a huge European market. Adding all these together, Morgan The normal process of the bank will also regard these as mortgageable assets, plus I can deal with it, there should be no problem." Henry Morgan thought for a while and said: "As for how much money can be borrowed, I estimate 3000-5000 Ten thousand dollars should not be a problem. If your Artifact Cube has the same performance as Snake in the future, you can also use this as collateral at that time. The logic is the same, and if you want to borrow more, you have to consider Increase collateral, such as Red Bull, Costco."

"Red Bull and Costco don't need it, and the mortgage of arcade games can be considered." Chen Zhiwen nodded and said.

The growth of Costco’s business data is comparable to that of Wal-Mart, and it is very stable. In terms of membership loyalty, almost 70% to 80% of members come to spend every month. One time consumption is a large amount, and because of the low frequency, it does not require a lot of labor. , the advantages in all aspects are really too strong, as strong as Sam Walton can predict that the business model of Costco is very good, but it is absolutely unexpected that it will be so good. Therefore, in any case, Chen Zhiwen will not put Costco’s operating data was exposed, and Red Bull is similar. Although the company has been burning money to grab the market, the company has been unprofitable, but as long as professional people look at it, they will know the terrible potential of Red Bull in the future, and these data cannot be exposed.

Otherwise, not to mention the two cola giants, even Danone and Nestle are likely to enter the market. Although it may not be possible to succeed now, Chen Zhiwen does not want to burn money with strong competitors in the earliest stages of development, because it means A large shareholding had to be diluted.

In the future, it is one thing to actively introduce investment by yourself, but it is another thing to be forced to introduce investment. Moreover, even if you win, you will not gain the absolute status now. As a competitor of the brand, he is trying his best to avoid this kind of thing from happening. Even if he can't stop it, he hopes to delay the opponent's entry time as much as possible, the later the better.

"Okay, then I will hand over my current arcade data and market analysis to the lending business department of Morgan Bank. Midea may also need to provide some data." Henry Morgan said.

"No problem." Chen Zhiwen nodded and said, all the data of Midea has nothing to hide, and household appliances are no different from other similar companies. This is also the reason why it is difficult to develop. The advantage of the prophet cannot work in an industry that relies on technology and the market is already stable. Arcade machines are a short-term profiteering industry. Although the product is a new gadget, the approximate cost is not to mention the industry leader, an engineer who understands the price It can be roughly calculated after dismantling it once, so there is no need to keep it secret.

Henry Morgan raised his glass and said with a smile: "Come on, cheers, what I said is really good. We will have more cooperation opportunities in many fields."

"Cheers." Chen Zhiwen raised his glass, but he didn't say anything more. Being invited here today, Hutchison Huang's overseas business is a trivial matter. I guess this is the real thing?

Thinking about it is right, the Morgan family has been relying on finance for a living. Even if they find other businesses that can make money by chance, they will find a way to use the financial routines again. When they see the potential of the arcade and their side There are other arcades and other high-quality industries, and there is no way to buy shares, so naturally they are induced to provide financial services.

Under normal circumstances, who would refuse such a good thing? Even if it is really unnecessary, it will be more or less kind, and if you agree to cooperate, then if you develop normally, then Morgan Bank can earn high-profit interest fees. If there is a problem, it may be severely punished. Kill with a knife.

No matter what, the opponent wins. Those who play finance will basically make money lying down unless the entire market economy collapses.

However, this is also good for yourself. Although the arcade machines make money, it will take several years to earn enough money. If you can really rely on the arcade business to obtain a line of credit, it is equivalent to getting future money and reinvesting it now. To put it simply, if you hoard property in Hong Kong, you can earn several times in a few years. Even if the interest rate is high, it is still blood money.

However, even the daring Wall Street investment banks are more cautious about non-physical property mortgages. It is estimated that half a billion dollars can be loaned out, which is probably the limit. It may not be possible until the Magic Cube becomes popular again in the United States.

"Eric, there is one more thing. A friend of mine, he is a Frenchman. After learning about our arcade machine, he was also attracted by the game. He is also a person with a great business vision. He also has He has a lot of resources, so he wants to represent Snake's business in Europe." Henry Morgan continued.

"Over there in Europe?" Chen Zhiwen paused and said, "Europe is indeed a big market, but Hong Kong's current production capacity may not even be enough for the United States in the next few months, so how can we manage to manage Europe."

"As an excellent entrepreneur, Eric, you should plan ahead. Besides, we have also estimated that the demand time of the US market will be released before, and the first few months will be relatively tense. After a few months, the US side will A large amount of commodity input, plus the increase in production capacity in Hong Kong, don’t you need to open up new markets? Europe is just the next one. In terms of economic scale, the whole of Europe combined is no less than the United States.” Henry Morgan said with a smile.

"That's right, but Henry, I might as well just say it straight. It's impossible for me to give you or your friends the distribution rights of European arcade machines. It's not in my interest." Chen Zhiwen shook his head and refused.

Sometimes, it would be much more convenient to directly refuse. It would take a long time to avoid being unclear. In the early days of the arcade, people with strong backgrounds were indeed needed to assist, such as Henry Morgan, and Chen Zhiwen let him be in charge of the entire American market.

Theoretically speaking, the deeper the management of dealers, the higher their own profits, but it is impossible to manage countless suppliers, even Coca-Cola, a century-old corporate monopoly giant, cannot do it.

Naturally, it is impossible for Midea to have the ability to manage independent dealers in each state, and it is impossible to find so many people. This needs to have enough reputation itself, that is, its products have a certain reputation, or in a certain The place is very successful.

For example, Red Bull, after two years of operation in the United States, when it was about to land in Europe, many large supermarkets and local distributors came to them on their own initiative. Naturally, people with vision will come forward.

And under any normal business model, no company will give its distribution rights in the United States and Europe to the same person, or a group, which is tantamount to handing over its own destiny, although arcades are only popular for a few years, which is short-term industry.

Henry Morgan didn't care either. He seemed to know the result and said, "This friend of mine is very influential in Europe. Their family is a brewer, so they have a deep relationship with the supply chain of the entire European bar."

"It's not very important. Just like Henry, you don't have the resources of the bar, but as long as you are willing to invest." Chen Zhiwen shook his head and said. It's not hard for someone with connections to get through the bar, so it doesn't matter if you don't have a history of it.

"Really don't think about it?" Henry Morgan asked: "I know Eric, you came to the United States from Europe. If there is any business in Europe that you are interested in, maybe you can cooperate?"

"I am in Europe, and I just acquired a manufacturing company. The other business is to use Europe as the market for my products. In other aspects, I really have nothing to cooperate with." Chen Zhiwen smiled and said: "And, you My friend, you shouldn't be the controller of their family, or else, you wouldn't be interested in arcade machines?"

A really powerful family would generally not suddenly start other businesses for no reason, but individuals within the family would be very interested in participating in other things that could make quick money. Henry Morgan is actually this kind of person.

"Yes." Henry Morgan said after a pause.

"The European market, don't think about it for now, let's talk about it in half a year!" Chen Zhiwen said with a smile

PS: I got influenza A, and I feel uncomfortable all over. I will keep updating at a low frequency for the past few days, and then return to normal after I get better.

I will see the situation at night, if I can still write, I will post another chapter.