Year: I had a good time when I was young

Chapter 407 Taxi license plates are valuable

Seeing Chu Xiangqian being so tough, Huan couldn't help but regret that he shouldn't have used petty tactics.

He hurriedly said to Chu Xiangqian, "Chu Sheng, don't get me wrong. Although we received the news last night, the source of the news was definitely not someone close to you.

Moreover, we have already had good cooperation with you and have an advantage. We will only impress you with better services without causing you any trouble. "

Chu Qianqian smiled at the corner of his mouth, but stopped at the sight of it, "I hope so! However, I do prefer you."

Juan and Lu Anjie felt a little relieved, and their attitudes became more cautious.

After all, although Juan is Taipan, he is not the boss of the bank.

Once a major customer is snatched away, affecting the bank's future earnings and reputation, it is not impossible to fire him.

Chu Xiangqian is much worse than Standard Chartered, and there is no need to target Standard Chartered, but he can keep an eye on Juan.

I believe that it is impossible for Juan to have no competitors within the Standard Chartered system.

Enemies of enemies may not necessarily be friends, but they can definitely work together to deal with the same enemy.

Before Hader and the others arrived at the law firm, Chu Xiangqian entered the lawyer's conference room, sat directly on the main seat, and said to Huang Weixin who had just sat down,
"I have a sum of 2 million pounds and 5 million Hong Kong dollars about to be received, but I don't want to make profits from overseas business and have to pay taxes after entering Hong Kong Island. Is there any way to help me solve this trouble?"

After hearing this, Huang Weixin, the two senior barristers of the lawyer, and Juan and Lu Anjie couldn't help but swallow their saliva.

This amount of money has reached 8200 million Hong Kong dollars, plus Chu Xiangqian's 2 million pounds of gold and 57 pounds of deposits at Standard Chartered.

The total amount has reached 1.23 million Hong Kong dollars, let alone a 4 million terminal. Even if he wants to double the terminal, he does not need to borrow a bank loan.

And it's all cash.

After thinking about it for a moment, the few of them realized that no family in Hong Kong had more money than Chu Xiangqian in terms of cash flow.

If he focuses on a certain stock, just the cash flow and custody can allow him to easily copy the price of a large foreign bank, and then short-sell it backhand, taking advantage of the trend to sell high and buy low.

As long as there are two or three rounds, the idle funds in society will avoid this stock for a long time in the future.

After all, once the price is raised by retail investors, Chu Xiangqian can easily sell a large number of stocks and make a profit based on his quantitative advantage.

Then buy it back again at a low price.

If the company used its own funds to repurchase its shares, Chu Xiangqian could clear out the shares at a high price and leave the market at a profit.

And after he left the market at a high price, the money he earned was equivalent to the company's own funds and the money in the pockets of shareholders.

The outside world's evaluation of this company will inevitably decrease, and the stock price will inevitably fall again.

After a few times, no one can stand it.

This is the reason why industrialists are so disgusted with, and even hostile to, financial cheats.

And this method can be used many times in this era, and even in the next 20 years.

The reason why Liu, a man from Hong Kong, can soar from a net worth of tens of millions to a billion is because he first selected companies whose stock prices are far lower than their true market value.

Then they secretly acquire shares, and when they have enough bullets, they will announce their intention to acquire the company in a high-profile manner.

Shareholders will definitely want to take advantage of the opportunity between Liu and the company's original shareholders to compete for shares and get a piece of it.

All of a sudden, investors, investment institutions and company shareholders are all driving up the stock price.

At this point, if you really have to buy this company, it depends on who has more funds.

But Liu is not stupid. It is impossible to spend double the money to buy a company whose real value is only 1.5 times.

Therefore, in the public announcement of the comprehensive acquisition, a maximum purchase price and a maximum number of shares will be set.

Take Wharf as an example. Before the war, the stock price was 77. In order to gain control of the company in one fell swoop, the chartering king announced a comprehensive acquisition at a price of HK$105 per share.

And the share limit is 49%, which directly shows that it is inevitable to win.

If Jardine wanted to keep Wharf, it could only offer a higher price, but Jardine backed down.

However, this kind of acquisition method also brings a lot of troubles in the future.

Strongly settled in the target company, the future development will be good, everything is easy to say.

Once something goes wrong in the business, old and new grudges will be settled together.

Therefore, pure financial speculators never thought about running the target company well from the beginning.

After gaining control, splitting up and selling off the company's high-quality assets is their subsequent method of making money.

When everything that can be sold is sold, the company left in this mess will be equally valuable.

Just the fact that it is a listed company can sell the company to those companies that are seeking to make money based on listing because they are not old enough.

This is the so-called shell listing.

If you want to buy a shell and list it, you will naturally get a price higher than the actual value of the company.

Even if the shell company still owes debts, it can use the excess purchase price to offset all or part of the debts.

Then he left the market with a large amount of profits and set his sights on another listed company again.

Of course, the actual operation is not that simple, but the core is this.And it succeeded many times.

But the core is public opinion.

When Huang Weixin and Chu Xiangqian were talking about how funds could safely enter Hong Kong Island, Juan was already thinking silently in his heart about how Chu Qianqian could enter the stock market.

1 million in cash can really do a lot of things in this day and age.

It's a pity that if you think so, very few people actually dare to do this. After all, no one can predict how the future situation will turn out.

When Chu Qianqian finished listening to Huang Weixin's report, he looked at Huan.

But the first thing this ghost said was, "Chu, are you interested in spending 10 Hong Kong dollars to buy a seat on the exchange?"

Chu was like Qianqian, and he still knew that seats on the exchange could be bought and sold.

The most common ones are brokerage seats and fund seats.With a seat, you can not only buy and sell stocks by yourself, but also absorb funds from retail investors.

It's like a brokerage.

For large customers, just keeping it secret is enough to make them willing to spend money to buy seats.

Instead of handing over your own funds to a broker to complete the transaction.

Chu Qianqian thought for a moment and shook his head.

Twenty or thirty years later, in my memory, there are still some companies that will definitely develop in the future.

But in the 60s, apart from IBM, Chu Xiangqian also knew that Land and Jardine Matheson still had more than ten years of development, and then the Chinese capital market would rise.

But asking him to buy shares in Land and Jardine Matheson would be better than simply getting hold of an energy-based company like CLP or Hong Kong Electric that has certain monopoly capabilities.

What Chu Xiangqian doesn’t know yet is that Jardine will not go public until 61 next year.

It can be seen that he really does not understand the business circles of this era.

Seeing Chu shaking his head forward, Juan hurriedly continued to persuade, "Chu, if you are not interested in exchange seats, are you interested in Taikoo Dockyard and Kowloon Bus stocks, which were very popular last year and this year?"

Chu Qianqian was stunned. Taikoo Dockyard is a subsidiary of Taihe Matheson. In the future, due to the decline of the shipbuilding industry in Hong Kong Island, the dock will be relocated.

Taikoo Shing was built on the original site.

Chu Xiangqian knew just by thinking about it that Taikoo Dockyard had just been listed last year and was touted by investors. Behind it was Taikoo Matheson.

It will be very difficult to get the idea of ​​​​this shipyard and land.

It is better to wait slowly. When the shipyard really has no ships to build and cannot sustain it, it will be a good opportunity to take action.On the other hand, Chu Xiangqian was really interested in Kowloon Bus.

This company is a cash cow. Although it currently only specializes in bus services in Kowloon and the New Territories, just looking at the crowding of buses during the morning and evening rush hours, you know that the daily cash flow is definitely not low.

However, what made Chu Xiangqian hesitate was that Kowloon Bus had been established as early as 1921, and all shareholders were basically Chinese.

These families have existed on Hong Kong Island for many years, and it seems unnecessary for me to suddenly seize their property.

On the one hand, you will make enemies, and on the other hand, there are many places where you can invest, so there is no need to seize other people's properties.

Thirdly, for the Chinese businessmen in Hong Kong Island, the British are the biggest stumbling block.

It is definitely better to join forces than to fight among ourselves.

But if you think about it carefully, it is difficult to unite. If you don't have your own people to fight your own people, it will be fine.

But even so, Chu Xiangqian was not willing to be the initiator of infighting among Chinese businessmen.

And a few decades later, Kowloon Bus has the highest market value, which seems to be around HK$300 billion.

Spending millions to invest in shares and get 10% is not as good as setting up a taxi company directly.

In the future, a taxi license will be worth HK$700 million.

Even for green taxis that can only operate in the New Territories, a license is worth 500 million.

Moreover, since the 80s, Hong Kong’s red taxi license plate already cost HK$50.

At that time, it was enough to buy a thousand-square-foot suite.Of course, it is basically impossible to buy in Wan Chai, Central or Causeway Bay.

But these days, you can buy three to four hundred cars for 200 million Hong Kong dollars.

Calculated based on 300 vehicles, it was already 80 million in the 4500s and will be 21 billion Hong Kong dollars after the new millennium.

If we buy more land to build a maintenance center, testing center, and garage.

The value of the land alone may be worth several billion, or even 200 to [-] billion in the future.

No matter how you calculate it, you can feel more at ease and make more money than getting involved in other people's companies and scheming with shareholders.

With your own connections, it shouldn’t be too easy to open a new taxi company.

Moreover, the society has not yet entered this industry at this time. After all, the investment is still relatively high, but the benefits are not very clear.

If it can specialize in the taxi industry in Kowloon and the New Territories, this company will definitely have greater prospects than Kowloon Bus.

Even if more licenses are issued in the future, you can still invest in companies that others have obtained licenses from.

As for how to buy shares, let’s fight on price.

Anyway, my taxi company has been operating for many years and has made money, so I have already invested what should be invested.

And a new company has to spend money to buy both a license plate and a car. With such a large investment, the funds on hand will definitely not be much.

After trying to lose money for a year or two, you will not believe that the other party will not compromise.

And morally speaking, the other party is a latecomer, which is equivalent to robbing one's own business.

Coupled with being the first to lower prices, the public will definitely be on their side.

The right time, right place, and people are all on your side, so you don't believe in fighting the other party.

However, after running a taxi company for 60 years, Chu Xiangqian was prepared to make no money or lose money.

Anyway, it’s just an investment of 200 to [-] million, and it will take a few years to slowly make a profit.

Chu Xiangqian shook his head at Juan and said, "I now have a horse farm to build, and the wharf is about to start construction.

I still have movie theaters and film companies to take care of, and I don’t have the energy to manage other companies. "

Unexpectedly, as soon as these words came out, Juan looked surprised.

He was dumbfounded for five or six seconds before he said, "Chu Sheng, what I mean is to take advantage of the Kowloon Bus being touted by investors and take the opportunity to buy some shares.

I didn’t expect that you would actually consider fully acquiring Kowloon Bus. "

Chu Qianqian rolled his eyes at Huan, only a fool would believe what he said, secretly thinking that this ghost guy was just settling for the next best thing.

However, with Juan's words, Kowloon Bus's shareholders, although they did not owe themselves a favor, were taking the initiative to show goodwill to the other party.

As long as the other party is not stupid, he will definitely take the initiative to publicize this matter to confirm that he will not get involved in Kowloon Bus.

In disguise, it is equivalent to gaining a good reputation for oneself.

Therefore, when Chu Qianqian looked at Huan, there was no emotion in his eyes.

However, none of these bankers were good people, Chu Xiangqian always remembered this.

As long as there is a transaction, they will get a commission. This is the same as the future Wall Street brokers. They don't care whether you make money or lose money.

As long as you keep buying and selling, they can keep earning commissions.

On the contrary, customers who buy stocks and stay there for a few years will always have the lowest rating in their eyes, no matter how much money you have.

This time, Chu Xiangqian had the idea of ​​opening his own bank.

It's just that this thought appeared for a second and was rejected by him.

If I remember correctly, there were many bank runs in Hong Kong Island in the next few decades.

Moreover, there were already more than 200 banks in Hong Kong Island at this time, which makes people’s scalp numb just thinking about it.

It would be strange if there was no thunder.

Whenever one bank has problems, other small and medium-sized banks will inevitably be dragged down.

Looking at Juan, Chu Xiangqian suddenly felt that he might as well join Standard Chartered.

"Does Standard Chartered intend to introduce a Chinese shareholder?"

When Juan heard this, he almost jumped up. Damn it, I just want to make money from you. I didn't expect you to think of my boss.

"This, this", logically, Juan must have refused, but Chu Xiangqian had previously stored gold and pounds worth more than 100 million Hong Kong dollars at Standard Chartered.

This is real cash.

Now another 2 million pounds and 5 million Hong Kong dollars are about to enter Hong Kong Island.

It can be said that the funds are extremely strong.

After all, in the entire 59, Hong Kong Island’s total foreign trade volume was HK$82.27 billion.

Exports amounted to HK$49.49 billion.

Imports amounted to HK$22.82 billion.

The trade volume with the mainland was HK$11.48 billion.
Imports amounted to HK$10.34 billion,
Exports dropped to HK$0.09 million,
It accounts for only 0.4% of Hong Kong's exports.

This shows how abundant 1.2 million in cash is in this era.

Juan didn't refuse at all, and he also knew that this matter had reached the ears of the bank's shareholders, and someone would really consider whether to involve Chu Qiangqiang.

After all, he has only been in Hong Kong Island for half a year, but he has made money that countless people have made in several lifetimes.

If you do business with this kind of person, even if you just drink soup, you can earn more profits than ordinary companies.

Juan thought for a while and said, "Sheng Chu, I personally welcome you to join Standard Chartered, but I can't decide on this matter. I have to report it to the board of directors first."

(End of this chapter)