Countercurrent 1978 starts with the production team

Seeing Zhao Shizong's expression, Chu Jianghe said with relief: "Brother Zhao, the so-called authorities are obsessed with things, and the only thing that is clear to those on the outside is that I see it so clearly because I am an outsider and don't have so many interfering factors."

Zhao Shizong looked at Chu Jianghe's young face and sighed in his heart: Even if this brother Chu is really worthless, or his background is not that big, just based on this look, he will definitely not be a thing in the pool in the future.

If that were the case, I would recruit him under my command no matter what.

Thinking of this, Zhao Shizong couldn't help but ask Chu Jianghe for his opinion: "Brother Chu, the current share price of Wharf is about 40 Hong Kong dollars. When do you think it is the right time for us to take action?"

Chu Jianghe looked at the ocean in the distance, stretched and said: "Don't worry, Bao Yugang has just entered the board of directors of Wharf. The Keswick family is very wary of him. If Bao Yugang wants to do something, he must at least Wait for a while, this period of dormancy will not be short, I guess Bao Yugang will not take action until at least next year."

In my memory, Bao Yugang had to wait until next year to take action against Wharf, but the battle was very loud at that time.

Although Bao Yugang succeeded, the price he paid was not small. It was a tragic victory.

As for Jardine Matheson, although it lost the Wharf, the stocks in its hands were sold at a high price and it made a lot of money.

The two sides fought, and it was difficult to tell who would win and who would lose.

Zhao Shizong nodded, deeply agreeing with what Chu Jianghe said.

Chu Jianghe remembered something and continued: "Brother Zhao, if you are impatient, there is a ready-made opportunity right now. If you are interested, come up with a sum of money and I will guarantee you a big profit."

"Oh? What is Brother Chu referring to?"

"Wharf moved its freight business to Kwai Chung and Peninsula West, and the land it freed up was used for the development of commercial buildings. Famous buildings such as Harbor City and Ocean Center Tower were built successively, but their business methods were not commendable. They stuck to using their own Buildings were built with assets and were only rented but not sold, resulting in a sluggish return of funds and putting the group into a financial crisis. In order to solve the crisis, a large number of bonds were sold to obtain cash, which in turn caused the group to rack up debts, reduce its credibility, and depreciate its stocks."

"Li Jiacheng secretly acquired Wharf's shares because Wharf's land was in prime locations. If he had been in charge of the real estate development of the old Wharf site, he would never have been in such a predicament."

Zhao Shizong pondered for a while before realizing it, and couldn't help but nod: "Brother Chu, what you said is correct. Wharf acquired that piece of Feng Shui treasure land at an extremely low price. Now the tide has risen, and the value has increased a hundred times. But what do you think of Li Jiacheng?" Will it be different if you come to host it?”

Chu Jianghe smiled at him and nodded thoughtfully: "The most important thing for a modern enterprise is cash flow, so obtaining sufficient cash is the basic prerequisite for an enterprise to organize production and operation activities. Since Li Jiacheng's Yangtze River went public, has there ever been a shortage of funds? What's the situation? Li Jiacheng has always been flexible and never rigid on the issue of renting and selling real estate projects, which is much better than the Keswick family."

Zhao Shizong came back to his senses, his expression became strange, and he said, "Brother Chu seems to be particularly optimistic about Li Jiacheng, the chairman of Yangtze River?"

When he said this, he felt even weirder. A young man from the mainland seemed to be commenting on the chairman of a listed company from a very high altitude. This was a bit thought-provoking.

Chu Jianghe sneered three times in his heart and couldn't help but sigh: "This person's vision is quite bold. I don't think anyone in Hong Kong can be better than him."

He is not optimistic, but facts have proven that he will be the leader in Hong Kong City's business community in the future. After the mid-80s, Li Jiacheng has firmly occupied the throne of the richest man in Hong Kong City, and even the richest man in Asia. But how could he do such a thing? Make it clear to Zhao Shizong.

Zhao Shizong was slightly surprised. This evaluation was too high. Although Yangtze River's performance was good, it could not see such momentum now.

Zhao Shizong thought for a while, but still didn't understand, and said: "Brother Chu, you didn't say there was an opportunity to make a lot of money. Wharf is obviously not a good opportunity now, so what exactly are you talking about?"

Chu Jianghe chuckled and said: "Li Jiacheng put in so much effort, but was dissuaded by HSBC executive Shen Bi when he acquired Wharf. Although Wharf is not good, he can change his target."

Zhao Shizong raised his eyebrows and asked, "Brother Chu, what do you think Li Jiacheng's next goal is?"

Chu Jianghe smiled confidently and uttered a few words: "Hutchison Whampoa!"

When Zhao Shizong heard the name Chu Jianghe said, he frowned, shook his head and said: "Impossible! Absolutely impossible! Hutchison Whampoa is the second largest British-owned foreign bank in Hong Kong, with assets worth more than 60 billion Hong Kong dollars. And Cheung Kong Holdings It’s just a small and medium-sized company with assets of less than 7 million. Where did Yangtze River get the funds to acquire such a large enterprise? This is not like the ant swallowing the elephant.”

Hutchison Whampoa Group consists of two major parts, one is Hutchison Matheson and the other is Whampoa Dockyard.

Hutchison Whampoa was the second largest foreign bank in Hong Kong at the time and the largest listed company controlled by Hong Kong's top ten chaebols.

The Clarkson family of Hutchison Matheson, the Jardine Keswick family, the Swire Swire family, and the Wheelock Marden family are listed as the four major British-owned families in Hong Kong.

Qi Dezun identified the industry trend of booming real estate industry in Hong Kong, where there are more people and less land. The sky is full of construction projects, and real estate has become the group's pillar industry.

The stock market crashed in mid-1973, followed by the world oil crisis, and then the real estate decline in Hong Kong City.

Hutchison Group, which invested too fast, had too long a front, and was too burdened, fell into a financial quagmire, losing nearly 2 million yuan in two consecutive fiscal years.

In August 1975, HSBC injected HK$8 million to rescue the company, on condition that Hutchison transferred 1.5% of its shares.

HSBC's acquisition of Hutchison Company marked the end of the Qi Dezun era. Hutchison became a non-family group company, and HSBC recruited Wei Li, known as the company's doctor, to take the helm.

In September 1977, Hutchison Whampoa merged again with Whampoa and was reorganized into "Hutchison Whampoa (Group) Co., Ltd."

Although Wei Li was in charge of Hutchison Whampoa, he made great efforts in reform. However, because the group suffered too much deficit when Qi Dezun was in charge, Hutchison Whampoa's development was not as good as people expected.

Although Hutchison Whampoa is far from its peak, its asset value is still more than 60 billion Hong Kong dollars. It is not something that the Yangtze River can care about now.

So after Chu Jianghe said it, Zhao Shizong refused to believe it.

Chu Jianghe was not surprised at all by Zhao Shizong's reaction. Anyone who knew a little about business would definitely think you were joking if you told him that Cheung Kong Holdings would acquire Hutchison Whampoa.

But facts speak louder than words. Not only did Li Jiacheng do this, he also succeeded in doing it. After it was completed, everyone in the business community in Hong Kong was shocked. Otherwise, how could he be called Superman Li.

The battle with Huang shows that Li Jiacheng is an extremely smart person.

Hutchison Whampoa also gave Li Jiacheng a qualitative leap in business, becoming a pivotal figure in the Hong Kong business community and establishing his own business empire.

"Brother Zhao, according to the Company Law and Banking Law, banks cannot engage in non-financial business. Shen Bi, the senior manager of HSBC Bank, has long been thinking about finding a buyer for Hutchison Whampoa. Why can't this buyer be Li Jiacheng?"

Zhao Shizong still refused to believe it: "But Yangtze River doesn't have this strength, why should he?"