The Industrial Giant Reborn.

Chapter 375 Progress of Hutchison Mining Industry and Advance Layout of Japanese Real Estate Market
"You have a 3.2% stake in Rio Tinto, I want to buy it, how about it?" Chen Zhiwen said.

"Acquisition, not mortgage?" New Bijian asked.

"Yes, 3.2% of Rio Tinto's shares, you also wrote above, its value is about 4000 million US dollars, I bought it directly, how about it?" Chen Zhiwen nodded and said.

Suddenly discovering Rio Tinto, Chen Zhiwen was a little surprised. The mining industry was an international business that Chen Zhiwen prepared for Hutchison. In the original history, Hutchison Huang, which was controlled by Li Jiacheng, also participated in it, but the results were mediocre, far inferior to others. Achievements in port.

Two years ago, Chen Zhiwen arranged for Hutchison to acquire a mining exploration company, and then arranged for this company to go to some recognized most likely places to purchase exploration rights, and then conduct surveys.In his memory, he knows the approximate location of some large mineral deposits, but to survey the mineral deposits accurately, it is best to need the accuracy of latitude and longitude. Chen Zhiwen obviously cannot provide it, so he can only give a general location, so that I went to find it.

Theoretically speaking, the probability of such a search is much higher than that of other companies, but it has been a year, and several survey teams still haven't found it, and the previous survey rights cost tens of millions of dollars, okay? Chen Zhiwen was not in a hurry, and after sending someone to confirm that the survey team hadn't fished, he could only wait in peace.

In fact, if a large-scale mineral deposit is detected, Chen Zhiwen has already thought about how to deal with it. He can only cooperate with international mining giants to develop it, because he has no such experience here. Through cooperation with giants, it takes a long time. After that, you will have your own team, which takes time to polish.

As for which one to choose, he didn't take the initiative to choose because there were no survey results yet, but at this moment he suddenly saw that Jardine's collateral actually had shares in Rio Tinto, and he immediately became interested.

Rio Tinto is one of the world's three major mining giants in later generations, but it may not be ranked in the top ten now. It can develop to the later scale because of its successful operation and multiple acquisitions. Its current scale is about In the billions of dollars.

"Rio Tinto's stock is the core asset of our Jardine. Sorry, it will not be sold, but can only be mortgaged." Niu Bijian shook his head and said.

"That's a pity, but Jardine's overseas assets, except Rio Tinto, I cannot accept as collateral." Chen Zhiwen said.

The Jardine Group, as early as the 50s, began to implement the strategy of "making money in Hong Kong and investing overseas", using a large amount of wealth in Hong Kong to invest overseas. By the early 70s, the overseas assets of the entire Jardine Group had surpassed that of Hong Kong. But it also missed out on a lot of wealth.

Of course, Jardine's foundation is too strong, even if many opportunities are missed, it is still the largest consortium other than HSBC.

However, Jardine's overseas investment can hardly be described as bad. Although the diamond mines in South Africa, the rubber plantations in Southeast Asia, the sugar cane plantations, and the forest farms in Canada, etc. have certain value, they are completely irrelevant industries.

"So, if Jardine is willing to sell Rio Tinto, Chen Sheng can consider it?" Niu Bijian seemed to understand what Chen Zhiwen meant.

"Let's put it this way, I don't want other collateral overseas. Some properties in Hong Kong can be mortgaged again, but an agreement needs to be signed. If your collateral is insufficient or you fail to repay the loan, I will have the right to seize the trading building. .” Chen Zhiwen said again.

The appearance of Rio Tinto was a surprise. He didn't know it before, but this time he came here, he must cooperate with Hongkong Land, that is, a loan of 30 billion, no matter what, he will give it to the other party.

I don't want my children to be trapped by wolves, so I have to become a big creditor of Hongkong Land. When the real estate crisis breaks out, I can desperately collect debts to suppress the stock price of Hongkong Land or destroy the relevant interest chain of Hongkong Land, etc.

The reason for this is that when a large consortium defaults on a huge amount of debt, ordinary banks do not dare to press for debts too much, unless it is really hopeless, if there is any hope, the creditor bank Don't dare to go too far.

For example, Hutchison was insolvent a few years ago, but HSBC had to take risks to take over Hutchison, or Orient Overseas, which was about to break out in a debt crisis a year later, owed 50 billion Hong Kong dollars in debt, but in the end Dong Er However, Dai succeeded in getting the banks to borrow another 18 billion to him for debt restructuring. Although the biggest contributor here is the ability of Dong Erdai, the foundation of success is that the banks dare not kill themselves.

Hongkong Land will also encounter such things in the future, and the scale will be larger. The banks can only hold back and dare not make a move, but if Chen Zhiwen becomes one of the creditors, he will dare.

"Okay, no problem." Niu Bijian and Bao Fuda discussed in a low voice for a while, then nodded and agreed. They firmly believe that the housing prices in Hong Kong will definitely rise sharply in the future. As long as this day happens, all the high-risk liabilities today will also be gone. is any liability issue.

"Okay, Mr. Huo Jianning will communicate with you about the value of the collateral," Chen Zhiwen said.

"No problem, we will send the specific information to Hisense Bank within three days." Niu Bijian said: "We can sell Rio Tinto's stock, but we need to talk to Rio Tinto's management. , there is a certain business cooperation, and the history is relatively long."

"Yes, but Hisense Bank will only lend money after the Rio Tinto stock transaction is completed." Chen Zhiwen said.

Rio Tinto and Jardines actually belonged to the same company more than 100 years ago. Later, for some reason, they were divided into three, with Jardine stationed in Hong Kong and Rio Tinto entering the international mining industry. The relationship between the two is normal.

A week later, Jardine resolutely and quickly sold 3960% of Rio Tinto's shares to Chen Zhiwen at a price of US$3.2 million. Subsequently, Hisense also issued a loan of US$30 billion.

Afterwards, Chen Zhiwen came to Hutchison Building.

"Old Zhou, how is mining in Canada and Australia going?" Chen Zhiwen asked.

Canada and Australia are one of the most sparsely populated countries in the world. Over the years, they have also adopted great policies for the development of foreign-funded mineral deposits. Therefore, they have become the most ideal places for countless large-scale mining companies and mining gold diggers around the world, and their national reputation Relatively high, as long as there are no uranium mines or large oil and gas fields that are easy to breed "U.S. forces", there are basically no problems.

"Canada hasn't found anything so far, but Australia's Christmas Creek has discovered the edge of some veins, but the core of the iron ore has not yet been found. It may take a while to determine the location and reserves." Zhou's family Yang replied.

In the past two years, Hutchison Mining has spent more than 4000 million US dollars to buy a large area of ​​local survey rights in Christmas Creek, Australia and Voys Bay, Canada. Afterwards, it has been endless exploration. I thought there would be no results. But I didn't expect to find iron ore, but the scale is not known yet, and considering the local traffic, it may only rely on the train tracks already built by other giants, which is very likely to be slaughtered, or just Develop together with others.

"Okay, it's good to be able to find iron ore, and I'm not in a hurry." Chen Zhiwen nodded, and then said: "Rio Tinto, you know?"

"I know, one of the largest mining companies in the world." Zhou Jiayang said.

"Before, I reached an agreement with Jardine Matheson to acquire 3.2% of Rio Tinto's shares in their hands. This is an opportunity, so I want Hutchison to continue to acquire Rio Tinto's shares in the UK stock market." Chen Zhiwen said.

"Chen Sheng, do you intend to acquire Rio Tinto?" Zhou Jiayang asked tentatively.

"No, this is purely investment. If possible in the future, it is enough to be a director. The main reason is that if we find some mineral deposits, we are not capable of developing them. So with a mining company with a long history and rich experience like Rio Tinto Cooperation is a very good choice, so let's buy shares in advance." Chen Zhiwen said.

Acquiring Rio Tinto is actually not difficult. First, the market value of Rio Tinto is currently only more than one billion US dollars. It can be done if you are really determined. Rio Tinto itself is not a core industry like high-tech, and currently The scale is not yet to the extent that it can affect the security of a certain country. Furthermore, in the current era of trade liberalization, as long as it is not too sensitive, even Chen Zhiwen has a certain chance to be acquired. , in order to obtain benefits, those investment banks involved in the transaction will definitely try their best to facilitate this transaction.

But the problem is that once it acquires itself, it will be difficult for Rio Tinto to become one of the three major mining giants in history in the future, because it is one thing to acquire a mining company that ranks around tenth, but if there is no European and American background, it is difficult to guarantee the interests of many other countries, and Chen Zhiwen and his subordinates do not have the ability to continue to develop and grow Rio Tinto.

At this time, choosing to invest is the best choice. As long as the share ratio is reached, it is not impossible to get a director in exchange for some benefits. Everything is a relationship of interest.

"Okay, it just so happens that He Huang also has a lot of foreign exchange in his hands recently, which can be used here." Zhou Jiayang nodded and said.

"The Hong Kong dollars in your hands have almost been exchanged?" Chen Zhiwen asked.

"Of course, Japan's Sumitomo Bank recently signed a large loan agreement with a Hong Kong real estate group. It was originally planned to exchange Japanese yen for Hong Kong dollars at the Hong Kong government, but after I knew it in advance, I cut it off." , I still need a period of time to convert the Japanese yen into US dollars." Zhou Jiayang said.

"Which real estate company in Hong Kong?" Chen Zhiwen asked. Those who dare to continue to bet on real estate at this time are like Landmark, with a strong head. They firmly believe that Hong Kong's future will remain unchanged. Relying on their British background, Continue to serve as the only window for the mainland to the outside world.

"It's the Hang Lung Group. Recently, they formed a consortium with several other listed real estate companies and jointly bought nine properties of the subway company. It is said that the land price needs 9 billion Hong Kong dollars, and the follow-up construction costs also need 40 billion. Banks in Hong Kong They don’t dare to undertake such a large amount, so they can only find overseas banks.” Zhou Jiayang said.

"The appetite is really big, but it's a pity that it will be full." Chen Zhiwen shook his head and said, if the land price rises as in the past few years, the profit of the nine subway properties is estimated to be HK$9 billion. Hang Lung is obviously betting on fate.

It is a pity that it failed completely. In the original history, although Hang Lung survived until 85, because of lack of money, the transaction with the Hong Kong government defaulted. But also missed the best time for development.

However, a lean camel is bigger than a horse. The second generation of Hang Lung Properties donated 21 million US dollars to Harvard in the 3.5st century, and they are rich and powerful.

"Actually, Hang Lung was able to take pictures of 9 subway properties, which is itself a problem. If it was a few years ago, everyone rushed to bid, how could it be possible for Hang Lung to win so many properties." Zhou Jiayang said with a smile.

"That's right." Chen Zhiwen nodded and said, "The Falklands War is over. The British won. Now Thatcher is very powerful. She often comments on Hong Kong. It is said that she will go to Yanjing soon. At that time, it may be Hong Kong." The nightmare of the real estate industry has begun."

Except for 1973, the real estate crisis in Hong Kong’s history was related to the mainland. After all, in the past few decades, the foundation of maintaining Hong Kong’s economy is the entry of a large number of mainland talents and the location of the trading port. Once this goes wrong, The real estate market will plummet immediately.

"After waiting for so long, it's finally coming." Zhou Yang said with a smile. They already knew some of the boss's plans, and the real estate market, as the boss predicted in the early days, in 81, the housing prices were basically not going well. , but it is still at a high level, which also allowed Hutchison, Wharf and others to cash out a lot of funds.

"Don't exchange the yen in your hands into dollars, go to Japan and invest in some properties." Chen Zhiwen thought for a while and said.

It is now 82, and it will be three years before the [Hiroshima Agreement] in the future. My group currently has sufficient funds, and I also lack investment targets that can accommodate a large amount of funds. It is better to go to Japan to buy some properties in advance.

Moreover, Japan's real estate market has taken off rapidly since 85, but it has been rising in the past ten years. Housing prices have a lot to do with the local economy. Since the 70s, Japan's steel, home appliances, automobiles, Chips, processing equipment, etc. have defeated their American counterparts one by one and occupied a large number of international markets. This has naturally led to the overheating of Japan's domestic economy. Housing prices, as a barometer of the economy, will inevitably increase.

"Going to Tokyo?" Zhou Jiayang asked.

"Yes, let's go to Tokyo, especially Ginza, to see if we can buy some properties. Given Japan's current economic situation, it is comparable to Hong Kong's Central District. If not, we can buy some Tokyo residences." Chen Zhiwen nodded and said .

It is naturally very difficult to acquire a large office building in Ginza, but if it is some small properties or floors sold in strata, there is still a chance when the Japanese real estate market is not completely hot. Value can be described as crazy.

According to the original historical records, an apartment in downtown Tokyo could be sold for 89 million US dollars in 300, and the value of an office building was even higher.

Although Hong Kong's real estate market is about to experience a sharp decline, except for some very rare special properties, most of them still have to wait until 84 before buying on a large scale. In the past two years, Japan's real estate market has not yet been booming. Investing is not bad.

PS: Has anyone got the new crown and didn't have a fever, but the two noses have been blocked?Can't sleep well at night, o(╥﹏╥)o suffering

(End of this chapter)