The Industrial Giant Reborn

The sales volume on the first day of listing does not represent the future. After all, it is a large number of customers attracted by the non-stop publicity in the past few days. In the next few days, the sales volume showed a downward trend. By the seventh day, the sales volume was already less than 500.

In 7 days, a total of 8,000 units were sold, which is already a very large number for Hong Kong, which has a population of less than 5 million. If it is put into Japan according to the ratio, it will be 160,000 units, and the United States will have to double it. three times.

Of course, it is impossible for Japan and the United States to sell in this way. The first reason is that it is difficult for publicity channels to cover hundreds of millions of people at one time. The second reason is that the production capacity in Hong Kong is impossible. It will start to go on the market in Tokyo, and then gradually radiate out as the production capacity increases.

Later, Midea also sent 100 pieces of game boys to Sony to let them start promoting in Tokyo. The cost was paid by Sony. Midea does not have the ability to promote in Japan and has no energy. It is better to hand it over to the dealer , and the cost is deducted from each game console, but the price of the two parties is still in the game. If the sales volume is high, Midea will have the advantage, and if the sales volume is low, Sony, the channel, will have the advantage. It follows the principle of market fairness.

Chen Zhiwen was never worried about the potential of the Game Boy, because the few games in his hands were the selected games. Before the advent of smart phones, they were all in the king position of handheld games. The game still has a lot of users.

Ten days later, Midea received feedback from Sony that many people in Japan are very interested in this game, and the terminal price of 8,500 yen is nothing to Japan, which has entered a developed country.

The outbreak of the handheld market is about to begin, and the Midea Industrial Park has begun to produce Japanese version of the game console.

At this point, Chen Zhiwen only needs to wait. With the company's current scale, he no longer needs to ask about many things frequently.

Hong Kong, in the Presidential Suite of the Grand Hotel:

"Bao Sheng, why did you meet at the big hotel?" Chen Zhiwen looked at Bao Yugang who was smiling all over his face, and asked curiously

Chen and Bao intend to get their hands on the two major power groups in Hong Kong. The acquisition of these two groups involves a lot of funds. Bao Yugang needs a certain amount of time to gradually dispose of the ships in his hands, while Chen Zhiwen needs to invest funds in The gold market, so the plan in 1979 was to slowly absorb shares and wait until a certain time to sell.

Therefore, the two basically meet every once in a while to discuss, but the hotel is owned by the Kadoorie family, second only to China Power, and Bao Yugang's appointment here at this time seems to have other meanings.

"What do Chen Sheng think of this big hotel?" Bao Yugang asked with a smile.

"Would Baosheng also want to buy this big hotel? Are you trying to catch a sheep from the Kadoorie family and lay wool?" Chen Zhiwen said with a smile.

"Yes, and no, it's good that this big hotel can be acquired, and it doesn't matter if it can't be acquired. But what I think is that the Kadoorie family has a lot of money. If I don't use up a little in advance, when I have a showdown to buy China Power, I'm afraid the pressure is not small. But if someone sneaks up on the big hotel in the stock market first, forcing the Kadoorie family to go back and buy the shares of the big hotel at a high price, and may even trigger a takeover offer. On the other hand, it will definitely consume a lot." Bao Yugang said with a smile.

"This trick is indeed possible, but who will do it? It's better for the two of us to keep a low profile before we do it. We must find someone who has nothing to do with us." Chen Zhiwen nodded and said.

Later Liu, once attacked the stock of the big hotel group. Public opinion even rumored that Liu's target was CLP Power, but Liu was just a sniper, and he retreated after selling the acquired stock at a high price to the Kadoorie family. up.

It is true that Liu at the end of the 1980s was unable to acquire China Power, but the Kadoorie family at that time did use a large amount of funds from China Power to protect the big hotel group. That is to say, if the same thing happens now, the Kadoorie family It is still possible to use the funds of CLP Power in order to keep the big hotel.

"I think so too. What does Chen Sheng think of Li Jiacheng?" Bao Yugang said.

"Li Jiacheng? I don't think so. This guy is a smart guy. If we tell him about the hotel, he might think that we are targeting China Power." Chen Zhiwen shook his head and said.

"Then who is better to find?" Bao Yugang asked.

"How about looking for overseas capital, so that it won't arouse suspicion?" Chen Zhiwen thought for a while and said, Hong Kong's economy has exploded in recent years, and domestic policies have become more and more open. Many Japanese, Southeast Asian capital, European and American capitals They all come to Hong Kong to invest, some do trading business, and some directly invest in real estate. The big hotel itself is a very high-quality real estate project. If it is acquired by overseas capital, it is not impossible.

"That's fine. I know some hotel tycoons in Europe. It should be no problem to invite them to come forward. Anyway, I will pay the funds." Bao Yugang nodded and said.

"Actually, if we can acquire a big hotel, that's good, anyway, it's a good asset." Chen Zhiwen said.

"Forget it, let's secure CLP Power first. There are many five-star hotels in Hong Kong. Even if you want to buy them, you might have a chance after a few years. But there are only two power companies." Bao Yugang said .

Chen Zhiwen said: "That's right, it's mainly the power company, Bao Sheng, you know the situation in the Middle East these days, right?"

"I heard." Bao Yugang nodded and said, "The situation over there is getting more and more chaotic, and regional conflicts may appear at any time. If it does happen, the price of oil will probably rise a lot."

"In terms of public opinion, the Hong Kong government did not dare to agree to the electricity price increase demanded by Hong Kong Electric and CLP Power after a long period of publicity. I guess the news will spread out soon. At that time, we will take action together to suppress Hong Kong Electric Power in a big way first. It is best to suppress the stocks of Lamp and CLP Power until many investment institutions panic sell them, so that we can also make a large acquisition.” Chen Zhiwen said.

"Okay, then I will follow Chen Sheng's arrangement." Bao Yugang nodded and agreed. The total market value of the two major power groups is several billion Hong Kong dollars. Without some special measures, it is indeed difficult to secretly acquire enough shares for a showdown.

"If things go well in this way, we will be able to officially launch the acquisition in the first half of next year." Chen Zhiwen said with a light smile. Anyway, for him, if he gets the income from long gold, he will definitely attack HK Electric.

"Early next year?" Bao Yugang said with a frown.

"Is there any problem with Baosheng?" Chen Zhiwen asked.

"It's nothing. I don't know how much money I need after the public acquisition. If I rely on myself, it will be a bit difficult. I'm just worried that HSBC will not give me a loan." Bao Yugang thought for a while and said.

"Are you worried that HSBC won't let our Chinese capital grow bigger?" Chen Zhiwen asked.

"As far as I know, Shen Bi meant that." Bao Yugang nodded and said.

"HSBC is not the only bank in Hong Kong, and there are many banks outside of Hong Kong. Bao Sheng, as the world's shipping king, it is not difficult to get a loan from an international bank. I can introduce a few to you." Chen Zhiwen shrugged Said.

"That's not necessary. Of course, I also know overseas banks. These people are more black-hearted than HSBC. But when it comes to unavoidable situations, we can only let them take a bite. As long as we can get CLP Power, other losses don't matter. .” Bao Yugang was very open-minded.

"Well, if you need it, just let me know, and I can introduce you." Chen Zhiwen nodded and said, Hong Kong companies basically give priority to loans from banks in Hong Kong. One of the main reasons for this is to avoid foreign exchange fluctuations and exchange. Loss.

Another reason is that most of the overseas banks in Hong Kong are relatively dark and have high interest rates. But having said that, it is generally difficult for those who borrow from overseas banks to borrow money in Hong Kong. The spread is very high.

In the previous cooperation with Citibank, Chen Zhiwen also knew that Citigroup’s interest rate was a little higher, but his prophetic advantage was too great, and it was more important to obtain more funds, and it didn’t matter if the interest rate was slightly higher, but for local Hong Kong companies is unacceptable.

"Thank you, Chen Sheng." Bao Yugang paused, and then asked: "There is another question. Some time ago, the Hong Kong government revised the conditions for triggering the acquisition offer from 50% to 35%. With the investment, the difficulty of our acquisition has further increased.”

"It's a lot of trouble, but it's not an unsolvable problem. When the time comes, we'll just see what happens." Chen Zhiwen said.

The Hong Kong government revised the conditions for triggering the acquisition invitation two months ago, from 50% to 35%, which doubled the difficulty of the acquisition, because before, as long as the funds were sufficient, 40% could be acquired Above or even 49%, then the entire company is absolutely controlled, but now when it reaches 34.9%, no more acquisitions are possible, because any further acquisitions will trigger an acquisition offer.

You know, when the takeover war breaks out, the stock price will inevitably skyrocket. If the acquirer buys the remaining 65% of the shares at the previous highest price, no consortium can bear it, but if it only buys 34.9%, then the original management can easily sway the shareholders. The general meeting makes it difficult for the acquirer to obtain 50.1% of the voting support, unless the company's current management is too bad to distract shareholders.

"Okay, then I will prepare funds first, and I will buy the bottom when CLP's stock price drops." Bao Yugang nodded and said, the Hong Kong government has already enacted laws to protect British capital, and they can't change anything, they can only Adjusted according to the new rules.

With the deterioration of the situation in the Middle East, the international oil price once again broke through the peak of 30 US dollars a barrel.

The time is fast approaching September.

Handheld game boys began to be exported to Japan on a large scale. Although preparations had been made, the 300,000 handhelds prepared by the entire warehouse were quickly snatched up by the strong demand in the Japanese market, followed by endless order reminders. However, the production of handheld devices is much more complicated than that of fans. Midea Industrial Park has invested a lot of personnel, but it still cannot keep up with the increase in orders. Therefore, the five assembly OEMs in Hong Kong and Wanwan have also started full production.

At present, Midea Group itself can earn 15 dollars from an arcade machine after deducting the distribution share for Sony. Profitable business.

However, for other industrial companies in Hong Kong, life has not been so easy.

Land prices in Hong Kong have soared, and industrial rental prices have also soared. At the same time, rising global oil prices have increased transportation costs and reduced overseas consumer demand. Under multiple pressures, the electronics industry is doing a little better.

However, even worse than the industry are the two power giants in Hong Kong: Hong Kong Electric and CLP Power.

Inside a building in Tsim Sha Tsui.

Michael Kadoorie was frowning and looking at the busy Harbor City not far away.

"Mr. Kadoorie, Mr. Governor rejected our plan to raise electricity prices. They asked us to hold on for a while, and maybe the price of oil will drop soon." An assistant stepped forward and said in a low voice.

"Did you imply that the oil price has nearly tripled, and if the electricity price is not allowed to increase, then I can only turn off the fuel-fired generator set. When the time comes, many places in Hong Kong will have a power outage, and that will be bad." Michael Kadoorie frowned. Said.

Although the current Governor MacLehose looks like an elegant man, he is very ruthless in his actions. The achievements of the ICAC in the past few years have made everyone dare not despise him. Therefore, it is better to send someone to express some sensitive matters. If there is a problem, just abandon the pawn to save the car. Of course, my subordinates will not see MacLehose, but his assistants. After the communication between the subordinates of both parties, the language will be much more mellow, and they will only meet when an agreement is almost reached.

If it is not a last resort, Kadoorie would not be willing to do such a thing, but the international oil price has risen too much. It has increased by 300% in a few months, and it has increased by 10 times compared to 6 years ago. About 30% of its electricity comes from the combustion of heavy oil for power generation. If the electricity price remains unchanged and the losses are huge, CLP Power may be able to bear it, but it will not be able to turn around in a few years, not to mention that the price of oil will not be higher in the short term. signs of recovery.

"I also hinted, but what the Hong Kong government means is that as a power group in Hong Kong, we should bear certain social responsibilities. The whole society cannot afford a sharp increase in electricity prices." The assistant paused, and then said: "And The Hong Kong government also hinted that we raised prices during the oil crisis last time, but after oil prices fell and coal prices fell, we did not lower electricity prices.”

"Hmph, it seems that MacLehose doesn't know that he is an Englishman anymore, and he fantasizes about becoming the first governor of Hong Kong every day." Michael Kadoorie said with a cold snort.

"But it's not good for us to confront the Hong Kong government directly," the assistant said.

"Then let's do a few more regional power outages, especially those industrial areas. Once the power is cut off, they will suffer heavy losses. In order to stabilize the power supply, they will naturally communicate with us." Michael Kadoorie said with a light smile. . Regional power outages are normal, not to mention Hong Kong, even Europe and the United States. As long as you insist that you didn't do it on purpose, and don't do it too often, the Hong Kong government won't be able to say anything.

"Then where should we stop? The largest industry in Hong Kong should be Midea's industrial park, where hundreds of containers come in and out every day. As long as it is shut down for a few days, Midea Group will probably be in a hurry." The assistant said.

"A move on Mei?" Mi Gao Jiali was stunned for a moment, with a hint of hesitation on his brows, and said, "Chen Zhiwen is not easy to provoke, Jardine is at a loss in his hands, let's change it to avoid trouble." .”

"That's fine. There are many factories in Hung Hom. We can start there first." The assistant suggested.

"Okay, but if you want to avoid the industries of those big companies, just choose a path." Michael Kadoorie nodded and said. This kind of thing is also very common in the world. Many large power plants will increase prices after natural disasters. Under the circumstances, he would not do this, but now that the Hong Kong government does not allow him to raise the price, he can only resort to risky tactics.