Rebirth 2006, creating a super consortium

"what?"

After being suddenly interrupted by An Xin's voice, everyone around was stunned for a moment.

But the people around him were experienced auctioneers who quickly adjusted their mood. Then they looked at An Xin with a smile and asked politely, "Sir, do you mean to terminate the auction of lot 13?"

An Xin nodded slightly after hearing this and repeated what she had just said: "That's right, I demand that the auction of lot No. 13 be terminated immediately!"

The people around him immediately shook their heads and patiently explained, "Sir, all the items are provided by the Hong Kong government. Only the Hong Kong government has the right to decide whether to terminate the auction. We do not have the relevant qualifications."

"Then let the qualified people come out to talk!"

Anxin’s attitude is very tough!

Lot No. 13 is so special as it involves shares of too many media groups!

As long as you raise your sign to bid for this asset package and after a simple integration of resources, you can immediately become a new generation of media tycoon, and manipulating public opinion will be a piece of cake!

But the problem is that An Xin doesn’t want this asset package!

No, it should be that he doesn’t want most of the assets in this asset package!

It would be fine if they were auctioned separately, and you could choose what you want.

For example, TVB and Phoenix TV!

TVB is not only the dominant television media in Hong Kong, but also owns the copyrights of thousands of films and television programs.

As long as they take over TVB, they will be able to earn 200 to 300 million Hong Kong dollars every year just from film and television copyright licensing.

Phoenix TV is very well-known, influential and authoritative in Mainland China and Hong Kong!

After taking the photo and joining the board of directors, you can use this channel to manipulate some public opinion.

But the remaining assets in the asset package, such as paper media publishing, are not so good!

Even though print media seems to be doing very well right now, with the rapid development of the Internet, it is destined to be eliminated by the times!

If you buy it now for 100 billion Hong Kong dollars, you will be happy if you can get back 50 billion Hong Kong dollars in ten years, no, five years!

Moreover, mobile Internet has come ten years later, let alone recovering 50 billion Hong Kong dollars, even recovering 10 billion Hong Kong dollars is difficult!

I don't want to do this kind of business that will result in huge losses!

Stopping the auction is a response strategy that was thought out in a hurry!

Encountering the emergency, especially after seeing An Xin's particularly tough attitude, the battle-hardened Zhou Yi did not panic. He very politely apologized to all the bidders, then turned off the microphone and conducted emergency communication with the backstage through the headset.

Although the bidders present were very curious about why Mr. No. 9 wanted to stop the auction, no one was willing to be the first to ask.

Then the whole scene suddenly became quiet...

About three minutes later, a middle-aged man in a black suit hurried into the venue. After confirming his target, he walked straight towards Anxin.

"Hello, Mr. An. I am Jiang Qing, the Deputy Secretary for Finance. I am the person in charge of the auction of the assets involved in this case. Do you have any concerns about lot 13?"

An Xin shook hands with him politely and asked with a smile: "Mr. Jiang, are you sure you want to talk here?"

of course not!

Just kidding, who knows if you will suddenly say something outrageous?

Jiang Qing secretly complained in his heart, then shook his head and said, "Mr. An, we can go to the lounge and have a good talk!"

After saying that, he made a pause gesture to everyone around the stage.

The people around him immediately understood what he meant and directly opened the microphone to explain the situation: "I'm sorry, everyone, due to an emergency, this auction will be suspended for 30 minutes!"

“You can choose to stay where you are and wait patiently, or move to the dining hall next door to take a break!”

"The auction will resume in 30 minutes!"

"Mr. An, please!"

An Xin nodded slightly, greeted Li Zekai, then stood up and followed Jiang Qing to the lounge.

...

After arriving at the lounge and sitting down, Jiang Qing immediately revealed his family background: "Mr. An, in addition to being the Deputy Secretary for Finance, I am also an investor in Hong Kong Trust Fund. In fact, I am one of our own!"

Anxin smiled!

What is Hong Kong Trust Fund?

A newly established investment company in Hong Kong’s political circles!

Hundreds of people from all political departments, big and small, raised a total of US$5 million, and then became the external principal of Yuanfang Private Equity through the shell of Hong Kong Trust Fund!

So it’s not wrong for Jiang Qing to say that he is one of them!

"Mr. Jiang, since you are one of us, I will get straight to the point."

“I think the shares of the media group involved in Lot 13 are too large and should not be packaged into one asset package. This will directly create a new media tycoon!”

"Then the question is, will this new tycoon become the next Xu Shixun or the next Li Zhiying? No one can predict such things, so it is better for us to prepare for the rainy day!"

This is such a poor excuse!

It is right to create new media tycoons, but isn’t unified management better than decentralized management?

Jiang Qing naturally understood this truth, but did not intend to refute it.

You have to know that you have invested 300 million US dollars in Hong Kong Trust Fund. Even if you can only get a guaranteed return of 6% every year, that is 18 US dollars or 144 million Hong Kong dollars. This income is much higher than the salary and bonus!

Deputy Financial Secretary?

It’s just work, why should we offend the God of Wealth because of work?

"The Financial Secretary welcomes better suggestions from all walks of life. Does Mr. An have a better solution?"

Anxin was very pleased about this.

Isn’t the annual dividend guarantee of 3000 million US dollars just for this moment?

"I want the equity of TVB and Phoenix TV!"

The goal is very clear and there is no procrastination!

"Equity of TVB and Phoenix TV?"

After hearing An Xin's goal, Jiang Qing suddenly felt a little embarrassed.

These are the core assets in the asset package. If these two assets are taken out, the attractiveness of the asset package will be greatly reduced.

"Mr. An, this is a bit difficult to handle!"

An Xin did not agree with this statement: "Mr. Jiang, this is a private auction. How to deal with it is up to you."

“But we need to consider the interests of local capital…”

"What about my interests?"

An Xin interrupted Jiang Qing's explanation very forcefully.

...

Jiang Qing was completely numb.

On one side is the God of Wealth, and on the other side are the major capitals rooted in Hong Kong. It’s a difficult deal!

An Xin didn't care whether it was difficult or not, and pressed further, "Mr. Jiang, I don't want to waste time talking nonsense. Just give me a price for the 16.5% stake in TVB and the 17.3% stake in Phoenix Satellite TV!"

Does the Deputy Financial Secretary have the power to decide on the disposal of billions of assets involved in the case?

The answer is: Yes!

Hong Kong’s government framework is very interesting, and the autonomy of relevant departments is astonishingly large!

As long as the estimated funds can pass the audit, the higher-ups will have no say on how to dispose of the related assets, and the relevant departments will make the independent decision!

And An Xin's move was to force Jiang Qing to make a choice:

Friend or enemy!

Jiang Qing is certainly not a fool as he has climbed to the position of Deputy Secretary for Finance!

He felt a little uneasy at this moment and was caught in a dilemma.

After a while, Jiang Qing seemed to have made up his mind. His originally serious expression instantly relaxed. He then looked at An Xin and slowly said, "16.5% of TVB's equity is 7230.597 shares. Calculated at HK$43 per share, it is worth about HK$31.1 billion."

"17.3% of Phoenix TV's equity is 8.639 million shares, which is worth about HK$1.1 million at HK$9.5 per share."

"Mr. An, the total value of the two assets is 40.6 billion Hong Kong dollars. Excluding 6000 million Hong Kong dollars, the two assets can be withdrawn based on the price of 40 billion Hong Kong dollars!"

An Xin had no objection to this: "Sure, 40 billion Hong Kong dollars is no problem!"

"Mr. Jiang, unlike those people out there, I didn't come to the auction with the mentality of picking up bargains."

Jiang Qing nodded in agreement with An Xin's statement, "I believe this is true. After all, you have already proved it with 170 billion Hong Kong dollars!"

"And your style of doing things is full of grandeur, which is really different from others. This is also the core reason why I chose you!"

An Xin was very pleased with Jiang Qing's praise: "Mr. Jiang, your choice will definitely be richly rewarded."

Jiang Qing was a very free and easy person. He took out a document from his briefcase and handed it directly to An Xin. Then he said with a smile, "Mr. An, this is the information of all the items auctioned today. Please see if there are any items that need to be withdrawn."

This is what a good official in Hong Kong should be like!

An Xin secretly praised him in her heart, reached out to take the document and read it carefully.

Not satisfactory!

This is my most intuitive feeling after reading all the auction information!

There are no comprehensive commercial land in the mainland in the subsequent auction items, nor are there any equity shares of companies involved in public opinion and media such as TVB and Phoenix Satellite TV.

But there are also surprises, lots 24 to 29 are very valuable!

These six lots are equity packages, covering equity in a total of 63 listed and unlisted companies.

According to the documents, the total valuation of these 63 companies exceeds HK$200 billion!

The most important thing is that Anxin saw a lot of very familiar companies in these six lots!

比亚迪4.3%股权、创科实业6.5%股权、李锦记10%股权、石药集团8.9%股权、安踏体育10%股权、李宁体育8.3%股权、青岛啤酒8.6%股权。

After selecting, An Xin took out a pen and paper to record the names of the seven companies, then handed the auction documents and record paper to Jiang Qing, and said with a smile: "For the equity of these seven companies, Mr. Jiang, please give a transaction price!"

Jiang Qing took the documents and record paper, took a look at them, and then began to calculate the transaction price.

"4.3% of BYD's equity is about 1.25 million shares, calculated at HK$5.5 per share, worth HK$6.87 million!"

"6.5% of Techtronic's equity is about 1.192 million shares, which is worth HK$11 billion at HK$13.11 per share!"

"8.9% of CSPC Pharmaceutical Group's equity is about 10.54 billion shares, calculated at HK$0.45 per share, worth HK$4.74 million!"

"8.3% of Li Ning Sports' equity is about 2.18 million shares, calculated at HK$8.1 per share, worth HK$17.67 billion!"

"8.6% of Tsingtao Brewery's equity is about 1.17 million shares, calculated at HK$10.5 per share, which is worth HK$12.32 billion!"

"Because Lee Kum Kee and Anta Sports have not yet been listed, we can only give a rough valuation. The valuation of 10% of Lee Kum Kee's shares is HK$20 billion, and the valuation of 10% of Anta Sports' shares is HK$8 million!"

"The total valuation of the equity of the seven companies is HK$82.71 billion. Excluding HK$7100 million, the valuation is HK$82 billion. Mr. An, can you accept that?"

"No problem, let's set the price at 82 billion Hong Kong dollars!"

An Xin agreed very readily.

This is a huge bargain!

If you hold shares in any of these companies until the stock price reaches its peak, the increase will be more than 20 times!

BYD's increase is more than 20 times, it must be more than 50 times!

The most outrageous case is Lee Kum Kee, a company specializing in the condiment industry, whose revenue reached 2006 billion Hong Kong dollars in 50 and its net profit exceeded 10 billion Hong Kong dollars.

By 2019, the financial data had become revenue of more than HK$600 billion, net profit of more than HK$150 billion, and market valuation of more than HK$5000 billion!

Holding a 10% stake in Lee Kum Kee not only allows you to receive large dividends every year, but also allows you to enjoy the valuation dividend brought by the company's rapid growth!

But Anxin is a little confused about Lee Kum Kee's 10% stake.

"Mr. Jiang, if I remember correctly, Lee Kum Kee is a family business, right? What's the matter with this 10% stake?"

Jiang Qing understood An Xin's doubts and patiently explained, "Mr. An, it's like this. Fifty years ago, Lee Kum Kee sold 30% of its shares due to financial problems. Although the Lee family has taken back 20% of the shares over the years, there are still 10% of the shares floating around."

"The person who holds this 10% of the shares was caught in this espionage case, so this 10% of the shares will become the item for this auction!"

"I see!"

After Jiang Qing's explanation, An Xin suddenly understood!

"Mr. An, are you interested in lot 33?"

Hearing Jiang Qing's enthusiastic sales pitch, An Xin shook her head and replied, "The price of the Hong Kong commercial land asset package for lot 33 is too outrageous. The market valuation is over 300 billion. I guess only the four major families in Hong Kong can afford it!"

"By the way, Mr. Jiang, I have a question that I need your help to solve!"

Jiang Qing replied very straightforwardly: "No problem, Mr. An, just ask!"

"Lot 33 is definitely not just the assets involved in the case. Did the Hong Kong government take the opportunity to put some land in it?"

After hearing An Xin's question, Jiang Qing didn't hesitate and admitted directly: "Yes, the Hong Kong government stuffed five commercial plots into lot 33, mainly to enrich the asset package."

"Not only lot 33, but also lots 10, 11 and 12 that you bought are actually commercial land jointly provided by the local government and some companies."

Certain companies?

Isn’t it just a company like Zhaode in Beijing?

An Xin smiled knowingly and did not comment on it.

Anyway, if they dare to release it, I dare to buy it!

"Besides lot 33, is Mr. An interested in any other lot?"

An Xin shook her head and said, "The rest are antiques, luxury cars, yachts, private jets and the like. I'm not very interested!"

The waters of antiques are too complicated, I dare not play with them!

As for luxury cars, yachts, private jets and other things, they can be easily found at bargain prices after the subprime mortgage crisis breaks out. There is no need to buy them now!

"Fine!"

Since An Xin was not interested, Jiang Qing did not force her and started to help An Xin calculate the total bill.

"Mr. An, I will help you calculate the transaction amount you need to pay."

“1号拍品3888万港币，10号拍品30亿港币，11号拍品30亿港币，12号拍品110亿港币，tvb和凤凰卫视股权40亿港币，七家公司股权82亿港币。”

"Then the transaction amount of all the items is 292.3888 billion Hong Kong dollars."

"According to the arrangement of the top management, you have a 233.911% discount. After deducting the discount, the transaction amount is 9110 billion Hong Kong dollars. I will waive another 233 million Hong Kong dollars for you. You actually only need to pay billion Hong Kong dollars!"

After patiently listening to Jiang Qing's statistics, An Xin replied readily: "233 billion Hong Kong dollars? No problem!"

"There is a one-month deadline for payment of the transaction amount, right?"

Jiang Qing nodded to confirm, then said with a smile: "Mr. An, I can extend it for two months for you. You just need to complete the payment process within three months!"

An Xin shook her head and said, "No, I appreciate your kindness!"

Not to mention three months, even half a year would be useless!

The scope of use of the HK$300 billion loan from Bank of China International has been limited and it cannot be used for any other purpose except shopping.

In fact, Anxin has countless ways to bypass the supervision of Bank of China International and use the money for high-risk investments. The problem is that doing so would be tantamount to completely offending Bank of China International and He Zhuolin, which would not be worth the loss.

"I do not want…"

An Xin took out her phone and looked at the caller - Xie Feng, and quickly answered the call: "Hello, Mr. Xie!"

"Mr. An, didn't you say before that you wanted to discuss something with me after I was done with my work? I'm done with my work now, are you free?"

"I'm free! Where is Mr. Xie? I'll come find you."

"Room 1604, Mandarin Oriental Hotel!"

"What a coincidence! I'm at the Mandarin Oriental Hotel right now. Please wait a moment. I'll be there in 10 minutes!"

"I know you're attending the meeting to divide the spoils."

...

An Xin remained silent, unable to refute.

"That's it. I'll go up to you now."

An Xin hung up the phone directly, stood up and said goodbye to Jiang Qing: "Mr. Jiang, I have something else to do, so I'll leave first. I'll let Lu Xi, CEO of Star Capital, follow up on the transaction payment business."

"Okay, then Mr. An, go ahead and do your work. We'll meet again when we have the chance."

An Xin nodded in agreement, then walked out of the lounge and went straight to room 1604.

The next discussion with Xie Feng concerns the future industrial layout and cannot be missed!