The Wealth Empire Crossing the Hong Kong

Chapter 243 Be a Good Investor

In Li Jianhui's office, the three executives, Li Jianhui, were instructed individually.

Huang Guangxing will not make much adjustments for the time being. In addition to being responsible for the affairs of the Huihong Group, he will also assist Li Jianhui in handling the Xiangjiang affairs of the Xinjian Department.

Wei Li is far away from Xiangjiang, Wheelock Holdings and E-Go Group need to arrange new leaders, and Li Jianhui needs to communicate with Wei Li in this regard.

At the same time, Wei Li went to Japan this time not only to be responsible for the expansion of existing industries in the Japanese market, but also to find partners there to enter the Japanese real estate industry.

The positions of chairman and president of the board of directors of Wheelock Holdings are still reserved for Wei Li. For the time being, Su Hongtao, the vice chairman of the board of directors, is in charge of the daily affairs of Wheelock Holdings Group.

For E-buy Group, Li Qungang, Vice President of the Board of Directors and Chairman of the Board of Directors of Lane Crawford Company, took over the position of Wei Li and led the development of E-buy Group.

"This time you went to Japan to play the role of an investor, holding some small companies, and letting the original team take charge of the management. While helping these companies grow and grow, they also let these companies cooperate with our Xinjian Department."

Li Jianhui also gave Wei Li a specific list of which companies to acquire, including comics, games, theaters, department store retail, real estate, toys, etc.

The focus is on real estate, theater chains, and department store retail. Li Jianhui is unwilling to miss the crazy era of Japanese real estate. Theater chains and department store retail are channels. On the one hand, you can only feel at ease if you master it yourself.

At the same time, Li Jianhui also asked Wei Li to know more about some Japanese families in the past. He did not believe that these families were willing to be subordinate to the six major consortiums. There were always some families who were not reconciled.

The reason why Li Jianhui sent Wei Li to Japan this time was not only his ability, but also his British identity was also an important factor.

Since modern times, this country and nation has been full of admiration and awe for Westerners, but it has extremely contempt for Chinese people.

When Wei Li went there, those forces did not dare to push too much, because Xiangjiang is quite special in this era, and it specially targets the Xinjian Department in terms of policy. At present, it is unlikely that the Japanese government will do so.

For Wei Li's actions in Japan, Li Jianhui will let Wheelock Group reduce the shares of Tesco Group and Wheelock Land again.

Among them, Wheelock Holdings reduced its shareholding in Wheelock Land from the original 38.7% to 25%, and sold 40% of the shares of Tesco Group, from the previous wholly-owned holding to the current 60%.

Wheelock Land is easy to say, it has been listed here, and it can be directly based on the market price. E-buy is a little more troublesome. E-buy has a 76% stake in Lane Crawford, which has a market value of 35 billion Hong Kong dollars, and Watsons, which has a market value of 48 billion Hong Kong dollars. 35% of the shares, and there are also wholly-owned IKEA convenience stores, e-buy appliances and e-shopping logistics.

The valuation here will be calculated by Xinjian Accounting Firm, and the overall price of the group will at least not be less than [-] billion Hong Kong dollars.

From this perspective, the current market value of Wheelock Holdings Group of 97 billion Hong Kong dollars is underestimated. After all, the market value of the shares of Wheelock Land under its control and the valuation of E-Go Group exceeds the value of Whampoa Holdings Group in the stock market. market value.

Of course, because Tesco Group is not listed, one of the reasons is that the outside world misestimated its market value.

It is believed that this sale of shares will definitely drive the market value of Wheelock Holdings to rise, and it will not be a big problem to break through the market value of [-] billion again, and this time there is a very good chance to overtake Wheelock Land and become the largest listed company under the Xinjian Group.

Li Jianhui doesn’t know whether the names of Wheelock and Wheelock Land are too similar, so that these shareholders are more likely to associate Wheelock and Wheelock Land with Wheelock, thus ignoring the growth of Tesco Group.

As a result, the stock prices of Lane Crawford and Watsons under Tesco continued to rise, but Wheelock Holdings did not respond much. The fall of Wheelock Land immediately caused a chain reaction.

This time, Li Jianhui estimated that the sale of part of the shares of the two major groups would probably be able to raise nearly four billion Hong Kong dollars for Wheelock Holdings, which would be enough for Wei Li to create a storm in the Japanese market.

Wei Li was very happy in his heart. He thought that this past trip was mainly to coordinate the development of the Xinjian Department, but he didn't expect that Li Jianhui wanted him to do a big job in the past.

Thinking about the Hutchison Whampoa that he once took over, the total market value was less than [-] billion Hong Kong dollars, but now he is directly backed by [-] billion Hong Kong dollars in cash when he goes to Japan. Defeng Group is really an extremely correct decision.

In the past, Jardine Matheson, one of the four major foreign companies, was well-deserved No. [-], but now, he can confidently say that Wheelock Holdings is qualified to be on an equal footing with Jardine Peace.

Although Huangpu Holdings Group's strength is not bad, it is getting farther and farther away from Wheelock Holdings, and even Swire's strength has left Huangpu Holdings behind.

The reason for this is also clear to Wei Li. As an important pillar, Hutchison Real Estate has had a considerable impact recently. In addition, Huangpu Shipping Group and the steel company have invested less in return. As a result, Huangpu Holdings’ stock price has not risen in the past few months. It has fallen slightly, and the current market value is only more than 72 billion Hong Kong dollars.

Wei Li's greatest wish now is to lead Wheelock Holdings to completely suppress Jardine Matheson. Even though there are no four major foreign firms, he still hopes that Wheelock Holdings will become the top of the four major groups.

Although Xiangjiang is currently on the rise of Chinese capital, it is clear from the current situation that the four major foreign firms in the past are still among the top.

Regardless of whether it is Bank of East Asia or Hang Lung, although the development has been very rapid in the past two years, there is still a long way to go before surpassing these four major groups.

It is difficult to surpass them when they are one step behind. No one will stop and wait for the other party to surpass them. As long as Jardine and Taikoo don't die like they did in their previous lives and insist on staying in Xiangjiang for development, these families may not be able to surpass them.

Li Chaoren is the representative. Being cut off by Li Jianhui made his strength not grow as explosively as in his previous life, and his influence in Xiangjiang was far less than in his previous life. Not to mention compared with the current charter king and Chen Zengxi, even Guo Desheng, Li Zhaoji and others He can't compare.

In May, Xiangjiang Economic News released the latest ranking of the top ten families in Xiangjiang, Li Jianhui, Shi Huaiya, Li Guobao, Chartered Ship King, Kadoorie, Chen Zengxi, Ho Hongsen, Li Zhaoji, Guo Desheng, Zheng Yutong.

Among them, Keswick, Standard Chartered and other families mainly live in England, so they are not included in the Xiangjiang family.

There must be some controversy here, especially the latter three. Li Chaoren may not necessarily have less assets than them. The reason for this ranking is mainly due to influence, especially Zheng Yutong, who is the talker of the New Asia Consortium.

Wei Li is very clear that he has not been removed from the position of the president of Wheelock Holdings this time. As long as he does not want to leave the Xinjian Department, he is afraid that when he retires, his ostensible identity will only be Wheelock Holdings Group Chairman of the Board of Directors Group President.

Since he is above this position, he does not want Wheelock's position in Heung Kong to decline. In the future, Heung Kong's top group will definitely have a position for Wheelock.

As a professional manager, he never thought that his ability was inferior to Newbijian. He was suppressed by Newbijian all the time, but it was just that he didn’t have a good platform. Now is the time for him to really compete with Newbijian.

(End of this chapter)