The Wealth Empire Crossing the Hong Kong

Chapter 213 Whampoa Holdings' New Center of Gravity

After more than a year of continuous reduction of ships, the current tonnage of Huangpu Shipping Company has been far lower than that of OOCL, Global, Huaguang and Wanbang.

However, Huangpu Shipping Group not only has a transport fleet, but also Huangpu Shipping Company and Huangpu Port Company.

Especially the port company, which is a combination of the port and terminal business of Wheelock and Hutchison Whampoa, and the investment of one billion Hong Kong dollars in Tanjung Pelepas Port in Malaysia, which makes the market value of Whampoa Shipping Group quite high.

The total number of shares in the group is 10 billion shares, and the issue price is 3.2 Hong Kong dollars per share. Huangpu Holdings has 3.5 million shares in its own hands, accounting for 35% of the shares. Defeng Bank purchased 2 million shares at the issue price, accounting for 20% of the shares. Grove Na Group purchased 1.5 million shares, accounting for 15% of the shares, and another 3 million shares were in circulation.

Although the rate of return of shipping in recent years is far from comparable to that of real estate, Huangpu Shipping Group is backed by the Donghua Consortium and is still popular with investment institutions and shareholders.

As of the close of trading that afternoon, the stock price reached HK$4.23, and the total market value soared from HK$32 billion at the time of issuance to HK$42.3 billion, making it one of the top groups in Hong Kong.

Thanks to the benefits of Whampoa Shipping Group, the total market value of Whampoa Holdings has also risen, successfully surpassing Wheelock Holdings, and with a market value of 68.4 billion Hong Kong dollars, it has become the second largest listed company under the Xinjian Group after Wheelock Land. Wheelock Holdings can only It ranked third with 67.2 billion Hong Kong dollars.

As for Wheelock Land, Clay does not have the ambition to catch up for the time being. The current market value of Wheelock Land has reached as high as 79.6 billion Hong Kong dollars, and it is about to break through the threshold of 80 billion.

And in order to speed up the layout of Wheelock Square, Li Jianhui will raise funds again, and it is only a matter of time before the market value exceeds [-] billion.

Whampoa Holdings is still looking at where the funds in hand are invested. This time, 65% of the shares of Huangpu Shipping Group were transferred out. This alone added 20.8 billion Hong Kong dollars in cash to Whampoa Holdings.

Currently, the funds on the company's books are as high as 26.72 billion Hong Kong dollars. It is Cray's consideration which industry such a huge amount of funds will enter.

Once one of the four major foreign firms, Hutchison Whampoa had hundreds of companies of various types. Even after some mergers with Wheelock, at present, in addition to Hutchison Land and Whampoa Shipping, there are still more than [-] companies under its umbrella, involving The industry is also quite broad.

The important ones are Deyibao Co., Ltd., Junyi Warehouse, Taihe Import and Export Company, Dachen Automobile Sales Company, Daya Jewelry, Huangpu Iron and Steel Company, etc.

If Huangpu Holdings is still the same as before, Clay can make some decisions, but now, as a member of the Xinjian Department, in many aspects of expansion, he must consider the situation of his brother companies.

Unable to make a decision, Clay simply went to Wheelock Building and asked Li Jianhui to decide that Huangpu Holding Group will focus on developing industries next.

After receiving the report, Li Jianhui was speechless for a while. He still had a lot of funds that he could not find a place to spend. He did not expect that Huangpu Holdings would also have this problem.

Fortunately, the outside world didn't know, otherwise Li Jianhui would have been drowned with saliva. They all wanted to spend every penny in half and try to raise funds.

Fortunately for Li Jianhui, a large amount of money was placed in the account, and he couldn't find where to invest it. Such a hated guy shouldn't exist in this world.

"Clay, where do you think Huangpu Holdings is suitable for development?"

"Based on the current considerations of our Xinjian Department, I think the first is to strengthen the development of our Taihe Import and Export Trading Company, which is mainly to increase cooperation with the mainland.

The other is to enter the jewelry industry. With the rapid economic development of Hong Kong, the demand for the jewelry industry is also increasing. I am very optimistic about the future prospects of this industry. "

The jewelry industry is also a huge profiteering industry. The mainland jewelry market will be very large in the future. Li Jianhui thinks it is indeed a good industry to invest in now.

However, he was not very optimistic about the name Hutchison Whampoa had acquired, so he specially asked Clay to change the name of the company.

Huangpu Holdings will focus on this area of ​​development in the future. As for import and export trade, it is good to follow the steps for the time being. After the large-scale reform and opening up in the north, we will increase the development in this area.

Li Jianhui also reminded Clay that at present, Whampoa Holdings should still focus on Hutchison Land and Whampoa Shipping Group, and should not neglect the main business for the development of jewelry companies.

Hutchison Real Estate is fine, and Clay doesn’t really need to care about it, but the Huangpu Shipping Group is in charge of Clay, which is also an industry that Li Jianhui pays more attention to, especially the Whampoa Shipping Company. Li Jianhui invested a lot of money in the hope that he can build large ships.

Moreover, the Tsing Yi shipyard is only the first step in the company's layout. In the future, Li Jianhui will establish a joint venture with the mainland to establish a shipyard in the mainland to expand the scale of its shipbuilding.

Regardless of the fact that Li Jianhui has reduced the number of ships in his hands in the past few years, he will accelerate the expansion of the shipping group through this round of shipping winter. In the future, there will be not only cargo ships, but also oil tankers and LEG ships.

When the mainland joins the WTO in the future, the shipping market will usher in a period of rapid growth, and the demand for ships will rise sharply. Having its own shipyard will provide a huge boost to the development of Huangpu Shipping Group.

"Don't worry, Li Sheng. I will definitely not ignore the main business I am responsible for because the jewelry company is also responsible. The new shipbuilding equipment is expected to arrive at the Tsing Yi Shipyard next month. By then we can start construction of the [-]-ton shipyard. freighter."

It's not that Cray doesn't want to build bigger cargo ships. The main reason is that there is still a big gap in the technology of Tsing Yi Shipyard. The [-]-ton cargo capacity is already quite reluctant, and the [-]-ton cargo ship can only wait for the technology of Tsing Yi Shipyard to mature. Then start building.

"After the equipment is installed, the shipping company will place an order for two ships, so that the shipyard can practice. In the past few years, the main thing is to accumulate technology, and when the technology matures in the future, large-scale orders will be placed.

In addition, for technical personnel, we need to increase recruitment. Inflation in England has been serious recently, and Thatcher’s economic strategy seems to be preparing for domestic privatization. See if there is any opportunity to acquire some technology and hire excellent technical personnel as much as possible. come over. "

Li Jianhui never thought about buying a shipyard in England, where labor costs are a big problem, and the employees are not easy to serve.

To build a production plant, Li Jianhui mainly chooses areas with a relatively large influence of Confucian culture. The employees in these places are definitely the best, and they will not go against the boss just because they have nothing to do.

Those employees in Europe and the United States are uncles, and the trade unions have nothing to do with the boss. There is no need for it. Li Jianhui will never build a factory.

These areas are only defined by him as sales markets, and will not become Xin Jian's production centers.

At the same time, Li Jianhui also asked Clay to increase investment in its steel plants. In this regard, Li Jianhui does not need to expand production, he needs quality, and buys special steel technology in his heart as much as possible.

Sometimes Li Jianhui really admires these foreign firms. Although sparrows are small and well-equipped, the upstream and downstream industrial chains are very wide. Although most of the industries are not large, the number is quite large.

When Li Jianhui took over Hutchison Whampoa, there were more than 180 large and small companies. Despite the merger and integration, there are still more than [-] companies.

He plans to use two years to continue the merger and sale, and merge the upstream and downstream into one group.

For example, Junyicang, a grain and oil storage company, was sold directly to Tesco Group, Deyibao merged with Taihe, and the textile company was sold to Hongyu Clothing.

In the future, Huangpu Holdings will mainly include Hutchison Real Estate Group, Huangpu Shipping Group, Huangpu Iron and Steel Company, Taihe Import and Export Trading Company, Jinhong Jewelry Company, and Dachen Automobile Sales Company.

(End of this chapter)