Rebirth of the Tech Madman
Chapter 345 Jardine who has to go crazy
The failure reported by Zhou Mi refers to the failure of the acquisition of Xiangjiang Telephone. △¢four △¢five △¢zhong △¢wen...,
For the more than 30% of the shares, Landmark invested nearly 1.4 billion crazily, which greatly exceeded Zhou Mi's expectations. As a result, he was caught off guard, missed the opportunity, and quickly lost.
Under the background of the mainland's explicit proposal of reform and opening up, the Hong Kong Hang Seng Index broke through the stagnant situation from 1976 to 1977. It rose from the low point of 383.4 points in 1978 to the point on July 17, 1981, and rose in just three years. increased by 3.7 times.
It can be seen from this that investors are optimistic about Heung Kong, a commercial springboard to enter the mainland. Naturally, this has also promoted the enthusiasm for real estate development, and there has even been a frenzy of property speculation in the market.
There is an indicator that can explain to a certain extent the jaw-dropping level of this kind of speculation, that is, the mortgage burden ratio of property prices—the proportion of mortgage expenses in the income of college graduates, which was as high as 180% at the peak , That is to say, the people at the bottom need to spend nearly double their income to afford the housing.
Carrian Group took advantage of this great opportunity in the stock market to speculate wildly and blow out a big soap bubble.
However, in 1981, that is, on July 17 this year, the Hong Kong Banking Association announced that the interest rate on savings deposits would be increased from 11% to 12% starting from July 21. As a result, the Hang Seng Index began to fall from the highest point that day.
According to the historical development, this was the prelude to the first stock market crash in Xiangjiang in the 1980s.
In addition, the Sino-British negotiations on the future of Xiangjiang, which have already started, have repeatedly reached a deadlock, and the Hang Seng Index will drop by a total of 63% this year and next year.
And this decline. It will continue until the Sino-British negotiations reach an agreement in 1984. After the situation became clear. will rebound.
Against such a background, Tang Huan believes that as long as he sincerely acquires the 30% stake in Heung Kong Telephone, even Jardine Matheson is also interested. As in the original time and space, a sum of cash was severely knocked from the charter king. Instead, the price difference fell into its own pocket, which limited its competitiveness.
And the team of Handing Investment Company, after research, the result is similar to Tang Huan's inference.
Therefore, we are responsible for the detailed implementation, set the acquisition policy as stable and friendly, and do not waste unnecessary money.
After all, the wealth accumulated by Tang Huan's speculative information was not easy to publicize.
It can be said,
Tang Huan's side calculated very carefully. Logically speaking, the acquisition should be a sure thing. But they missed a subjective factor of human influence-from the company's political struggle within Jardine.
The current chairman of Jardine, also known as Taipan in Xiangjiang, is David Niu Bijian.
During the First World War, his father was awarded the Cross Medal in 1918 for his military service, and went to the Far East and Xiangjiang to develop. From 1938 to 1947, he served as a director of Jardine Matheson. On the eve of Xiangjiang being captured by Japan in 1941, Appointed as a food control officer, he was imprisoned in the Stanley Detention Camp and managed to maintain order in the camp during the period. After Japan's defeat, he was awarded the Most Excellent Medal of the British Empire.
Niu Bijian, who was born in China, decided to come to Xiangjiang in 1954 after completing his studies in Canada and the United Kingdom. He joined Jardine Matheson, where his father had worked, at the age of 20. He started from a low level and became a director of Jardine in 1967. In 1970, he was promoted to the managing director of Jardine Matheson and concurrently served as the chairman of Wharf, a subsidiary of Jardine Materia Medica.
In fact, in 1970, Niu Bijian once had the opportunity to serve as the chairman of Jardine Matheson, but at the insistence of the Keswick family, Henry Keswick, who was the senior managing director at the time, won the support of shareholders in London, England And succeeded.
Three years later, Henry Keswick resigned, and Niu Bijian took over as the chairman and senior managing director of Jardine, taking charge of Jardine's decision-making power.
But the problem is that the Keswick family is thriving, and Henry Keswick got rid of Henry Keswick by time. His younger brother——Simon Keswick came one after another, staring at Taipan's position eagerly.
The Keswick family from Scotland is the descendant of one of the founders of Jardine, William Jardine's cousin, and is the main shareholder of Jardine.
But after more than a hundred years of development, the shares of the Keswick family have long been diluted to the point where it is impossible to make a decision. Niu Bijian has two generations of father and son who worked hard for Jardine and even became a prisoner of war, which is recognized by shareholders. The extent can also be imagined.
Therefore, if Simon Keswick wants to sit on the throne of Jardine Taipan, he can only seize power through corporate political struggle step by step, and the most powerful method is to question Niu Bijian's management ability and attack his opponents prestige.
It is just sad that Niu Bijian has at least two reasons - the decline of Jardine's traditional business and the failure of Wharf's competition, which have become undefensible shortcomings.
But in fact, Niu Bijian was really aggrieved when he was blamed for this.
First of all, the external environment on which Jardine originally relied mainly on entrepot trade and agents is changing.
As early as 1962, the famous scholar Marshall McLuhan put forward the concept of the global village in his works.
The trend of economic globalization is becoming more and more obvious, and more and more manufacturers are directly contacting local buyers.
As an agent, the importance of Jardine has decreased, and the income has naturally regressed.
No matter who is in charge of this general trend, they can only admit the reality with their noses pinched.
Secondly, during the battle for Wharf, Niu Bijian has exhausted his mind and tried his best. In order to raise funds, he even sold the Golden Gate Building to the Carrian Group at a price close to one billion, allowing it to take the opportunity to hype a Put the so-called strength.
Facing the menacing Chinese capital, Jardine had only two choices. One was to save Wharf at all costs and maintain the face of a century-old foreign company, or to maximize cash and get lining when selling Wharf.
And in late June last year. Niu Bijian took advantage of the time when the chartered ship king went to Europe. Initiate a decisive battle. Its plan can be called the best of both worlds in terms of face and face.
In the original time and space, although Niu Bijian lost the control of Wharf, he made a fortune from the charter king and returned with a full load, which was worth the fare.
But in this time and space, because Tang Huan jumped out and stepped in, Yihe didn't get any face, and suffered a great loss.
This is clearly a crime other than war. Niu Bijian was wronged to the extreme.
Facing Simon Keswick's forced palace, Niu Bijian naturally had to prove his ability with practical actions.
In his opinion, if Jardine wants to get rid of the current predicament, it must carry out business transformation just like the charter king abandoned the ship and went ashore from the shipping industry to the real estate industry.
Niu Bijian also chose the real estate industry, as well as public service industries such as Heung Kong Telephone and Heung Kong Electric Lighting, and can use this to restore the image of Jardine as the boss in the past.
But the premise of doing so is that investors must have confidence in the future of Xiangjiang, but the Keswick family of Jardine. He just has communophobia, and the disease has penetrated into the bone marrow. It became a chronic disease, and after Gaiyin provoked the Opium War, all the branches that had been operating in mainland China for more than a hundred years were all confiscated by the autumn wind.
Ever since, the contradictions and differences between Simon Keswick and Niu Bijian became more and more obvious.
Under tremendous pressure and eager to prove himself, Niu Bijian, contrary to his conservative style in the past, acted extremely bold and aggressive in investment, violently raised his head, put Zhou Mi under his horse, and held Xiangjiang Telephone in his hands .
Of course, there's something aspirational about it.
In the decisive stage of the battle for Wharf last year, Tang Huan not only earned the price difference, but also got the favor of the charter king, which made Jardine's calculations come to nothing. It's no wonder that Niu Bijian didn't hate it.
However, Chinese businessmen like Chartered Ship King rely largely on HSBC for their capital turnover. When they transferred money to Tang Huan, Niu Bijian, a director of HSBC, had no difficulty in figuring out the flow of funds.
After following the clues, he naturally knew who cheated Jardine, which made him an extra target for Simon Keswick to attack wantonly.
Now in the competition for the shares of Heung Kong Telephone, Hong Kong Land has defeated Tang Huan, who is sure to win, not only avenging his revenge, but also restoring the honor for Jardine.
In order to consolidate his prestige, Niu Bijian hyped up the success of this capital operation through the media. Financial newspapers such as Wall Street Journal Asia, Letter and Focus all participated in the discussion. Even Media Asia TV inevitably covered his boss's defeat in detail.
Seeing Niu Bijian being so persistent, Zhou Mi was depressed, but there was nothing he could do. Who would let the market only judge heroes by their success?
And he can't afford to lose. When interviewed by the media, he still has to congratulate his opponent against his will.
Fortunately, Tang Huan didn't care about the gains and losses this time, and Zhou Mi's guilt was finally relieved, so he went on to talk about Niu Bijian's high-profile behavior in public.
Regarding this, Tang Huan said indifferently: Let them play happily for a while, and they will have a chance to get back in the future. Also, you should not pretend to be magnanimous with a forced smile, you should show annoyed emotions, and you can't waste them. An opportunity for a pretext for war.
Looks like I'm going to put on a show too. Zhou Mi smiled wryly, How long are you going to stay in the mainland?
The official business is almost done, and the next thing is to be busy with private affairs, pay respects to parents, go back to my hometown and so on. Tang Huan replied after thinking for a while.
Don't forget, visit my grave by the way. Zhou Mi sighed.
Remember. Tang Huan promised: The quality of the call is not good. If you have nothing else to do, let's do this first. When I finish my work here, I will go to Xiangjiang next stop.
After putting down the phone, Zhou Mi shook his head, still not completely relieved of this failure.
You know, Tang Huan prepared a lot of technologies and products, and planned to use them on the platform of Xiangjiang Telephone according to his own progress, but now they have come to nothing. It can only be said that an old British-funded firm like Jardine has a profound heritage and cannot be underestimated.
Zhou Mi was habitually reviewing his gains and losses when his assistant knocked on the door to remind him, Mr. Zhou, the charity auction held at Shangri Hotel is almost time.
Then let's go. Zhou Mi nodded. He represented Tang Huan in Xiangjiang, and he had to attend various events, but because of the many names, sometimes he couldn't remember such schedules.
The Shangri Hotel, which belongs to the industry of the Kwok family in Malaysia, is located in the east of Tsim Sha Tsui, Kowloon, Hong Kong - a piece of land obtained through reclamation in the 1970s.
The Guo family has invested in real estate and hotels in Xiangjiang since 1977, so they bought this land.
Shangri Hotel opened this year after its completion, and has hosted many influential events, and its popularity in Xiangjiang has increased rapidly.
The charity auction held at the Shangri-La Hotel will naturally also increase its reputation.
After Zhou Mi arrived at the scene, he found that Niu Bijian also came to support him. He remembered Tang Huan's previous instructions, so he looked down at the other party with a sullen face.
Niu Bijian naturally also noticed this recent opponent. Seeing Zhou Mi's displeased face, he who was being squeezed by Simon Keswick was getting more and more distressed, he was in a rare mood, smiled generously, and made only Only the victors are qualified to put on a show.
At this time, the sharp-eyed reporter, after discovering this delicate scene, hurriedly snapped it.
While Zhou Mi was unhappy, he sneered in his heart, Datang is now staring at Pacific Bell, a subsidiary of AT\u0026T, and has no time to talk to you.
I'll take care of you next year when I have free hands.
To Datang, the things I failed to accomplish are just trivial matters.
Zhou Mi was thinking about it when he suddenly heard someone shout: Mr. Zhou, come and sit here.
He followed the reputation and saw that it was Deng Lijun, so he walked over and sat down without any surprise, and praised sincerely, Miss Deng is really getting more and more beautiful.
It's not a face-saving word for Zhou Mi to express his feelings, it's just the way it is.
In order to avoid the tragedy of Deng Lijun overworked in the mid-1980s in the original time and space, causing kidney disease and dragging down her body, Tang Huan not only forcibly resisted all kinds of publicity and performance tasks assigned by the Baodao official for Deng Lijun, but also restricted The intensity of her work.
Anyway, after being allowed by Baodao to come back from the United States, Deng Lijun has miraculously made a comeback and regained her former popularity. Naturally, there is no need to continue to work so hard to overdraw her health.
Therefore, Deng Lijun, who is less than 30 years old, is blooming in health like a flower, especially in her bright eyes, which show a playful look from time to time, thus showing infinite vitality.
Such a radiant superstar demeanor naturally attracted countless admirers, including Guo Kongcheng, the young owner of the Shangri Hotel.
In this regard, Deng Lijun, who became famous at a young age, has long been familiar with it. Although her mother is not around to protect her, she also knows how to deal with it if she has her own heart. She can just refuse politely and clearly. Just do your part.
However, Guo Kongcheng still persevered, and He Lili was on the side to make arrangements, so he sat on the side seat.
Deng Lijun felt a little awkward, and happened to see Zhou Mi, so she invited him to hold her back. (to be continued..)
ps: Thank you friends for your support! Thank you!
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